Exhibit No. 99
SUBJECT TO REVISION
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
[GRAPHIC OMITTED]
WACHOVIA
WACHOVIA ASSET SECURITIZATION, INC., SERIES 2002-1
$2,129,105,312
(APPROXIMATE)
WACHOVIA BANK, N.A.
Seller
WACHOVIA BANK N.A.
Master Servicer
WACHOVIA ASSET SECURITIZATION, INC.
Depositor
DISCLAIMER
Attached is a preliminary Series Term Sheet describing the structure, collateral
pool and certain aspects of Wachovia Asset Securitization, Inc., Series 2002-1.
The Series Term Sheet has been prepared by the Underwriter for informational
purposes only and is subject to modification or change. The information and
assumptions contained therein are preliminary and will be superseded by a
prospectus supplement and by any other additional information subsequently filed
with the Securities and Exchange Commission or incorporated by reference in the
Registration Statement.
Neither Wachovia Securities, the Sellers nor any of their respective affiliates
make any representation as to the accuracy or completeness of any of the
information set forth in the attached Series Term Sheet. This cover is not part
of the Series Term Sheet.
A Registration Statement (including a base prospectus) relating to the
Certificates has been filed with the Securities and Exchange Commission. The
final Prospectus Supplement relating to the securities will be filed after the
securities have been priced and all of the terms and information are finalized.
This communication is not an offer to sell or the solicitation of an offer to
buy nor shall there be any sale of the securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. Interested persons
are referred to the Final Prospectus and Prospectus Supplement to which the
securities relate. Any investment decision should be based only upon the
information in the Final Prospectus and Prospectus Supplement as of their
publication dates.
[WACHOVIA SECURITIES LOGO]
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
TO CALL
Expected Expected Expected Expected Ratings
Approximate Interest Principal WAL (yrs) Principal -----------------------------------
Class Size(1) Type Type Window S&P Moody's Fitch
- ------------------ --------------------- ----------- ----------- --------- ---------------- ----------- ----------- -----------
Class 1-A-1 $150,000,000.00 Fixed Super Senior 2.0384 10/02 - 07/08 AAA Aaa AAA
Class 1-A-2(3) $522,213,000.00 Net WAC Senior 2.0384 10/02 - 07/08 AAA Aaa AAA
Class 2-A-1 $250,000,000.00 Fixed Super Senior 2.3002 10/02 - 07/08 AAA Aaa AAA
Class 2-A-2(3) $1,132,373,000.00 Net WAC Senior 2.3002 10/02 - 07/08 AAA Aaa AAA
Class X(2) (3) $2,129,105,312.20 WAC I/O I/O 2.3189 N/A AAA Aaa AAA
Class B-1(3) $29,807,000.00 Fixed Subordinate 5.1968 10/02 - 07/08 AA Aa2 AA
Class B-2(3) $14,904,000.00 Fixed Subordinate 5.1968 10/02 - 07/08 A A2 A
Class B-3(3) $11,710,000.00 Fixed Subordinate 5.1968 10/02 - 07/08 BBB Baa2 BBB
Class B-4(3) $7,452,000.00 Fixed Subordinate 5.1968 10/02 - 07/08 BB Ba2 BB
Class B-5(3) $5,322,000.00 Fixed Subordinate 5.1969 10/02 - 07/08 B B2 B
Class B-6(3) $5,324,312.00 Fixed Subordinate 5.1966 10/02 - 07/08 NR NR NR
TO MATURITY
Expected Expected Expected Ratings
Approximate Interest Principal Expected Principal -----------------------------------
Class Size(1) Type Type WAL (yrs) Window S&P Moody's Fitch
- ------------------ --------------------- ----------- ----------- --------- ---------------- ----------- ----------- -----------
Class 1-A-1 $150,000,000.00 Fixed Super Senior 2.1114 10/02 - 10/13 AAA Aaa AAA
Class 1-A-2(3) $522,213,000.00 Net WAC Senior 2.1114 10/02 - 10/13 AAA Aaa AAA
Class 2-A-1 $250,000,000.00 Fixed Super Senior 2.4996 10/02 - 04/29 AAA Aaa AAA
Class 2-A-2(3) $1,132,373,000.00 Net WAC Senior 2.4996 10/02 - 04/29 AAA Aaa AAA
Class X(2) (3) $2,129,105,312.20 WAC I/O I/O 2.5532 N/A AAA Aaa AAA
Class B-1(3) $29,807,000.00 Fixed Subordinate 7.5318 10/02 - 04/29 AA Aa2 AA
Class B-2(3) $14,904,000.00 Fixed Subordinate 7.5319 10/02 - 04/29 A A2 A
Class B-3(3) $11,710,000.00 Fixed Subordinate 7.5319 10/02 - 04/29 BBB Baa2 BBB
Class B-4(3) $7,452,000.00 Fixed Subordinate 7.5319 10/02 - 04/29 BB Ba2 BB
Class B-5(3) $5,322,000.00 Fixed Subordinate 7.5319 10/02 - 04/29 B B2 B
Class B-6(3) $5,324,312.00 Fixed Subordinate 7.5312 10/02 - 04/29 NR NR NR
(1) Approximate size is subject to a permitted variance in the aggregate of
plus or minus 5%.
(2) The Class X Certificates receive only interest payments on a notional
balance initially equal to $2,129,105,312.20.
(3) The Class 1-A-2, Class 2-A-2, Class X, Class B-1, Class B-2, Class B-3,
Class B-4, Class B-5 and Class B-6 Certificates will not be offered to the
public.
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
CONTACTS: WACHOVIA SECURITIES
TRADING / SYNDICATE PHONE E-MAIL ADDRESS
- ------------------- ----- --------------
John Sherwood (704) 383-6393 john.sherwood@wachovia.com
Mark Sadow (704) 715-1226 mark.sadow@wachovia.com
Mark Adamson (704) 383-7727 mark.adamson@wachovia.com
MORTGAGE FINANCE PHONE E-MAIL ADDRESS
- ------------------- ----- --------------
Robert Perret (704) 374-4868 robert.perret@wahovia.com
Jon Riber (704) 383-7203 jon.riber@wachovia.com
David Lyle (704) 715-8131 david.lyle@wachovia.com
STRUCTURING PHONE E-MAIL ADDRESS
- ------------------- ----- --------------
Barbara Smith (704) 383-8614 barbaram.smith@wachovia.com
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
SUMMARY OF TERMS
----------------
TITLE OF SECURITIES: Wachovia Asset Securitization, Inc.
Asset-Backed Securities, Series 2002-1
OFFERED CERTIFICATES: Class 1-A-1 and Class 2-A-1 Certificates
NON-OFFERED CERTIFICATES: Class 1-A-2, Class 2-A-2, Class X, Class
B-1, Class B-2, Class B-3, Class B-4,
Class B-5 and Class B-6 Certificates
SELLER: Wachovia Bank, N.A.
MASTER SERVICER: Wachovia Bank, N.A.
SUB SERVICERS Alliance Mortgage Corporation and GMAC
Mortgage Corporation
DEPOSITOR: Wachovia Asset Securitization, Inc.
TRUSTEE: JPMorgan Chase Bank
CERTIFICATE ADMINISTRATOR: Wachovia Bank, N.A.
CUSTODIAN: Wachovia Bank, N.A.
RATING AGENCIES: Standard and Poor's Ratings Services
("S&P"), Moody's Investors Services, Inc.
("Moody's") and Fitch Ratings ("Fitch")
SOLE UNDERWRITER: Wachovia Securities, Inc.
CLOSING DATE: On or about September 27, 2002
DISTRIBUTION DATES: 25th of each month, or if such day is not
a business day, the next succeeding
business day, commencing October 25,
2002.
RECORD DATE: For the Offered Certificates and the
Non-Offered Certificates, the last
business day in the month preceding the
applicable Distribution Date.
CUT-OFF DATE: September 1, 2002
PAYMENT DELAY: With respect to the Offered Certificates
and the Non-Offered Certificates, 24
days.
DAY COUNT: With respect to the Offered Certificates
and the Non-Offered Certificates, 30/360.
OPTIONAL TERMINATION DATE: Any Distribution Date on or after which
the aggregate principal balance of the
mortgage loans declines to 10% or less of
the aggregate principal balance as of the
Cut-off Date ("Cut-off Balance").
DENOMINATION: $25,000 and multiples of $1,000 in excess
thereof.
SMMEA ELIGIBILITY: The Offered Certificates will be SMMEA
eligible.
ERISA ELIGIBILITY: The Offered Certificates may be ERISA
eligible.
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
STRUCTURAL HIGHLIGHTS
- ---------------------
o "Super-Senior" structure, whereby the Trust will Offer the Class 1-A-1 and
2-A-1 Certificates.
o Credit Enhancement will be provided to the Class 1-A-1 Certificates by the
triple-A rated 1-A-2 Certificates and the Subordinate Certificates.
o Credit Enhancement will be provided to the Class 2-A-1 Certificates by the
triple-A rated 2-A-2 Certificates and the Subordinate Certificates.
o Realized losses on the Mortgage Loans will be allocated in the following
order of priority: to the Class B6 Certificates, to the Class B5
Certificates, to the Class B4 Certificates, to the Class B3 Certificates,
to the Class B2 Certificates, and to the Class B1 Certificates.
o Scheduled Principal will be paid to all Certificates, based on each
Certificates' respective loan group (as described below) on a pro rata
basis.
o Through the 60th Payment Date, 100% of principal prepayments and
curtailments will be paid pro rata to the Senior Certificates based on
each Certificates' respective loan group. Thereafter, the Subordinate
Certificates will receive a portion of principal prepayments and
curtailments on a pro rata basis according to the Shifting Interest Table
below. For example, from the 61st Payment Date through the 72nd Payment
Date, the Senior Certificates will receive 70% of all principal
prepayments and curtailments while the Subordinate Certificates will
receive 30% of principal prepayments and curtailments.
SHIFTING INTEREST TABLE
--------------------------
Month <= Shift%
-------- ------
60 100
72 70
84 60
96 40
108 20
360 0
o The Class 1-A-1 and 1-A-2 Certificates will be supported by the Group I
Mortgage Loans.
o The Class 2-A-1 and 2-A-2 Certificates will be supported by the Group II
Mortgage Loans.
o The Subordinate Certificates will be supported by the Total Mortgage
Loans.
o A pricing speed of 30 CPR was assumed for both the Group I Mortgage Loans
and the Group II Mortgage Loans.
THE MORTGAGE POOL
- -----------------
The mortgage loans are fixed rate, first lien, residential mortgages on
primarily 1-4 family properties. The Mortgage pool will consist of 5,286
closed-end mortgage loans with an aggregate principal balance of
approximately $2,129,105,312.20 (the "Total Mortgage Loans") as of the
Cut-off Date. The Total Mortgage Loans will be divided into two loan
groups, Group I Mortgage Loans and Group II Mortgage Loans. The Group I
Mortgage Loans will consist of 1,925 primarily 15-year mortgage loans with
an aggregate principal balance of approximately $696,594,134.07 as of the
Cut-off Date. The Group II Mortgage Loans will consist of 3,361 primarily
30-year mortgage loans with an aggregate principal balance of
approximately $1,432,511,178.13 as of the Cut-off Date.
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
DESCRIPTION OF COLLATERAL
-------------------------
AGGREGATE
SUMMARY STATISTICS
NUMBER OF MORTGAGE LOANS 5,286
CURRENT PRINCIPAL BALANCE $2,129,105,312.20
Minimum $7,282.32
Maximum $2,929,922.53
Average $402,781.94
CURRENT LTV RATIO (%)
Minimum 1.52%
Maximum 99.36%
Weighted Average 65.11%
MORTGAGE RATE (%)
Minimum 3.625%
Maximum 10.800%
Weighted Average 7.084%
REMAINING TERM (MONTHS)
Minimum 2
Maximum 355
Weighted Average 253
WEIGHTED AVERAGE SEASONING 42.36
FICO SCORE
Minimum 457
Maximum 820
Weighted Average 718
DELINQUENCY STATUS
1-30 Days 1.78%
31-60 Days 0.00%
61-90 Days 0.00%
DOCUMENTATION
Full 59.33%
Alternate 18.97%
Assets Verified / No Income 10.91%
No Income / No Assets 3.60%
Missing 7.20%
% FIRST LIEN 100.00%
PRODUCT TYPE
Fully Amortizing 97.23%
Balloon 2.77%
PROPERTY TYPE
Single Family 91.11%
Condo 3.84%
Land 2.76%
Two to Four Family 0.63%
Multi-Family (5+ Units) 0.53%
PUD 0.48%
Townhouse 0.35%
Cooperative 0.31%
LOAN PURPOSE
Purchase 56.09%
Refinance (Rate/Term) 26.08%
Refinance (Cash-out) 16.20%
Debt Consolidation 0.99%
Construction 0.34%
Home Improvement 0.29%
OCCUPANCY STATUS
Owner Occupied 88.93%
Second Home 10.33%
Investment Property 0.60%
Unknown 0.14%
LOCATION (> 5.00%)
Florida 21.60%
New Jersey 9.87%
California 8.15%
North Carolina 8.02%
Virginia 6.52%
Pennsylvania 6.28%
Connecticut 5.76%
Georgia 5.34%
NUMBER OF STATES 46
% HIGH NET WORTH LOANS 21.79%
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT BALANCE AS OF 8/31/02 MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
0.01 to 100,000.00 70 $4,107,854.75 0.19%
100,000.01 to 200,000.00 253 41,334,969.58 1.94
200,000.01 to 300,000.00 908 242,894,767.62 11.41
300,000.01 to 400,000.00 2,079 714,963,164.60 33.58
400,000.01 to 500,000.00 980 435,340,649.30 20.45
500,000.01 to 600,000.00 455 248,107,193.06 11.65
600,000.01 to 700,000.00 236 150,639,997.81 7.08
700,000.01 to 800,000.00 95 70,482,911.49 3.31
800,000.01 to 900,000.00 78 66,151,918.28 3.11
900,000.01 to 1,000,000.00 75 71,643,800.15 3.36
1,000,000.01 to 1,100,000.00 11 11,618,095.69 0.55
1,100,000.01 to 1,200,000.00 9 10,500,055.98 0.49
1,200,000.01 to 1,300,000.00 12 15,104,068.87 0.71
1,300,000.01 to 1,400,000.00 2 2,615,450.89 0.12
1,400,000.01 to 1,500,000.00 3 4,426,586.69 0.21
1,500,000.01 to 1,600,000.00 1 1,537,873.56 0.07
1,600,000.01 to 1,700,000.00 3 5,010,723.06 0.24
1,700,000.01 to 1,800,000.00 6 10,514,074.61 0.49
1,800,000.01 to 1,900,000.00 1 1,828,623.26 0.09
1,900,000.01 to 2,000,000.00 4 7,807,016.40 0.37
2,100,000.01 to 2,200,000.00 1 2,141,519.09 0.10
2,200,000.01 to 2,300,000.00 1 2,262,399.89 0.11
2,300,000.01 to 2,400,000.00 1 2,332,649.27 0.11
2,800,000.01 to 2,900,000.00 1 2,809,025.77 0.13
2,900,000.01 to 3,000,000.00 1 2,929,922.53 0.14
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
MORTGAGE RATE (%) MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
3.501 to 3.750 1 $977,682.79 0.05%
4.001 to 4.250 2 645,879.78 0.03
4.501 to 4.750 3 994,404.00 0.05
4.751 to 5.000 2 726,865.09 0.03
5.001 to 5.250 1 862,589.14 0.04
5.251 to 5.500 7 3,107,187.10 0.15
5.501 to 5.750 11 4,092,938.26 0.19
5.751 to 6.000 130 48,490,754.92 2.28
6.001 to 6.250 177 70,597,203.77 3.32
6.251 to 6.500 492 194,143,339.32 9.12
6.501 to 6.750 971 379,517,232.46 17.83
6.751 to 7.000 1,129 441,799,826.10 20.75
7.001 to 7.250 851 343,745,040.38 16.15
7.251 to 7.500 664 279,865,586.88 13.14
7.501 to 7.750 365 158,755,994.40 7.46
7.751 to 8.000 215 91,209,630.61 4.28
8.001 to 8.250 96 38,485,894.62 1.81
8.251 to 8.500 71 31,660,482.28 1.49
8.501 to 8.750 50 20,997,412.92 0.99
8.751 to 9.000 25 11,033,519.32 0.52
9.001 to 9.250 2 1,780,325.84 0.08
9.251 to 9.500 5 1,049,896.29 0.05
9.501 to 9.750 8 2,729,292.90 0.13
9.751 to 10.000 2 452,737.56 0.02
10.251 to 10.500 4 1,024,408.78 0.05
10.501 to 10.750 1 21,632.49 0.00
10.751 to 11.000 1 337,554.20 0.02
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
GEOGRAPHIC LOCATION MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Florida 1,145 $459,913,377.98 21.60%
New Jersey 528 210,119,952.20 9.87
California 410 173,511,450.08 8.15
North Carolina 425 170,778,664.74 8.02
Virginia 379 138,725,731.88 6.52
Pennsylvania 324 133,623,709.74 6.28
Connecticut 281 122,643,421.55 5.76
Georgia 291 113,641,943.07 5.34
New York 232 101,995,173.91 4.79
South Carolina 155 64,192,833.93 3.02
Massachusetts 155 63,146,198.01 2.97
Maryland 151 61,307,632.21 2.88
Texas 119 43,545,197.07 2.05
Colorado 89 39,382,934.63 1.85
Illinois 78 31,444,798.66 1.48
Ohio 67 25,821,107.70 1.21
Washington 55 21,933,472.84 1.03
Arizona 50 19,949,223.39 0.94
Michigan 41 15,447,070.21 0.73
Tennessee 41 15,327,145.07 0.72
Delaware 32 14,162,953.61 0.67
District of Columbia 38 13,352,730.60 0.63
Indiana 23 8,681,283.35 0.41
Minnesota 25 8,828,249.44 0.41
Missouri 21 7,877,523.81 0.37
New Hampshire 14 5,341,187.47 0.25
Alabama 15 4,818,690.17 0.23
Nevada 10 4,861,154.58 0.23
Rhode Island 13 4,558,200.16 0.21
Kentucky 8 3,303,554.33 0.16
Oregon 11 3,507,521.75 0.16
Wisconsin 7 3,241,957.19 0.15
Kansas 8 2,740,688.19 0.13
Maine 7 2,679,008.77 0.13
Utah 6 2,535,946.94 0.12
Louisiana 7 2,254,706.97 0.11
Vermont 3 1,820,981.38 0.09
Mississippi 4 1,625,742.55 0.08
Idaho 4 1,535,486.05 0.07
Arkansas 3 1,007,849.42 0.05
Montana 3 901,851.61 0.04
Oklahoma 2 908,692.54 0.04
West Virginia 2 748,461.46 0.04
New Mexico 2 699,986.57 0.03
Wyoming 1 359,758.24 0.02
Iowa 1 300,106.18 0.01
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
FICO SCORE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 64 $26,969,000.17 1.27%
451 to 500 8 3,001,291.01 0.14
501 to 550 52 21,119,425.58 0.99
551 to 600 134 59,561,576.52 2.80
601 to 650 466 192,861,543.50 9.06
651 to 700 1,055 445,208,042.25 20.91
701 to 750 1,566 636,035,679.32 29.87
751 to 800 1,836 707,455,252.64 33.23
801 to 850 105 36,893,501.21 1.73
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
ORIGINAL LTV (%) MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 6 $2,384,017.62 0.11%
0.01 to 5.00 1 243,735.03 0.01
15.01 to 20.00 4 2,088,128.72 0.10
20.01 to 25.00 13 5,310,148.59 0.25
25.01 to 30.00 18 9,450,666.65 0.44
30.01 to 35.00 54 20,603,011.20 0.97
35.01 to 40.00 79 38,495,948.33 1.81
40.01 to 45.00 96 41,299,081.16 1.94
45.01 to 50.00 158 69,013,871.47 3.24
50.01 to 55.00 210 85,240,629.82 4.00
55.01 to 60.00 283 119,207,137.83 5.60
60.01 to 65.00 345 141,420,889.33 6.64
65.01 to 70.00 484 194,278,228.12 9.12
70.01 to 75.00 717 293,371,527.23 13.78
75.01 to 80.00 1,942 757,429,920.20 35.58
80.01 to 85.00 166 73,210,449.31 3.44
85.01 to 90.00 465 178,038,625.68 8.36
90.01 to 95.00 159 62,156,774.15 2.92
95.01 to 100.00 86 35,862,521.76 1.68
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT LTV (%) MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 6 $2,384,017.62 0.11%
0.01 to 5.00 11 445,799.80 0.02
5.01 to 10.00 23 1,489,512.24 0.07
10.01 to 15.00 37 5,087,388.95 0.24
15.01 to 20.00 41 7,648,007.15 0.36
20.01 to 25.00 81 20,901,940.38 0.98
25.01 to 30.00 118 36,884,434.59 1.73
30.01 to 35.00 167 53,616,162.98 2.52
35.01 to 40.00 220 76,840,109.96 3.61
40.01 to 45.00 250 96,282,081.04 4.52
45.01 to 50.00 285 113,220,487.48 5.32
50.01 to 55.00 306 126,225,205.85 5.93
55.01 to 60.00 400 164,206,975.04 7.71
60.01 to 65.00 450 186,966,147.78 8.78
65.01 to 70.00 521 225,486,504.25 10.59
70.01 to 75.00 643 281,473,761.96 13.22
75.01 to 80.00 1,119 476,973,491.31 22.40
80.01 to 85.00 180 77,632,859.32 3.65
85.01 to 90.00 296 120,809,618.98 5.67
90.01 to 95.00 108 43,484,987.63 2.04
95.01 to 100.00 24 11,045,817.89 0.52
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
REMAINING TERM TO MATURITY (MONTHS) MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
1 to 24 47 $12,778,643.74 0.60%
25 to 48 100 39,851,467.56 1.87
49 to 72 180 43,841,969.63 2.06
73 to 96 228 56,328,251.97 2.65
97 to 120 120 35,809,570.38 1.68
121 to 144 1,036 380,640,830.39 17.88
145 to 168 149 74,725,803.69 3.51
169 to 192 126 72,227,368.78 3.39
193 to 216 37 17,245,607.48 0.81
217 to 240 57 22,415,425.68 1.05
241 to 264 205 74,553,623.42 3.50
265 to 288 231 88,821,707.50 4.17
289 to 312 308 132,790,562.82 6.24
313 to 336 1,330 573,881,265.28 26.95
337 to 360 1,132 503,193,213.88 23.63
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
SEASONING (MONTHS) MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
<1 14 $3,760,574.43 0.18%
1 to 24 1,429 666,982,631.95 31.33
25 to 48 2,134 890,001,760.12 41.80
49 to 72 682 254,078,878.47 11.93
73 to 96 390 134,723,968.43 6.33
97 to 120 478 135,770,350.31 6.38
121 to 144 101 24,944,879.19 1.17
145 to 168 38 12,938,533.27 0.61
169 to 192 12 4,642,714.62 0.22
193 to 216 1 19,842.04 0.00
217 to 240 2 291,993.77 0.01
241 to 264 1 233,912.18 0.01
265 to 288 1 191,931.52 0.01
313 to 336 1 46,858.34 0.00
337 to 360 2 476,483.56 0.02
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
DOCUMENTATION TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Full 3,091 $1,263,101,200.97 59.33%
Alternate 1,005 403,816,546.94 18.97
Assets Verified / No Income 546 232,187,460.41 10.91
Missing 427 153,295,663.56 7.20
No Income / No Assets 217 76,704,440.32 3.60
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
AGGREGATE
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
PROPERTY TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Single Family 4,853 $1,939,904,820.42 91.11%
Condo 199 81,695,470.87 3.84
Land 125 58,810,644.15 2.76
Two to Four Family 31 13,405,611.77 0.63
Multi-Family (5+ Units) 25 11,234,724.98 0.53
PUD 27 10,153,512.72 0.48
Townhouse 17 7,369,700.30 0.35
Cooperative 9 6,530,826.99 0.31
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
LOAN PURPOSE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Purchase 2,907 $1,194,266,954.62 56.09%
Refinance (Rate/Term) 1,443 555,297,469.54 26.08
Refinance (Cash-out) 842 344,914,137.09 16.20
Debt Consolidation 55 21,127,617.85 0.99
Construction 21 7,220,287.66 0.34
Home Improvement 18 6,278,845.44 0.29
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
OCCUPANCY TYPE MORTGAGE LOANS PRINCIPAL BALANCE PRINCIPAL BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Owner Occupied 4,770 $1,893,449,008.42 88.93%
Second Home 479 219,899,982.40 10.33
Investment Property 29 12,763,806.04 0.60
Unknown 8 2,992,515.34 0.14
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 5,286 $2,129,105,312.20 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
DESCRIPTION OF COLLATERAL
-------------------------
GROUP I
SUMMARY STATISTICS
NUMBER OF MORTGAGE LOANS 1,925
CURRENT PRINCIPAL BALANCE $696,594,134.07
Minimum $7,282.32
Maximum $2,929,922.53
Average $361,867.08
CURRENT LTV RATIO (%)
Minimum 2.13%
Maximum 97.34%
Weighted Average 54.99%
MORTGAGE RATE (%)
Minimum 5.375%
Maximum 10.500%
Weighted Average 6.935%
REMAINING TERM (MONTHS)
Minimum 2
Maximum 316
Weighted Average 123
WEIGHTED AVERAGE SEASONING 45.01
FICO SCORE
Minimum 484
Maximum 816
Weighted Average 724
DELINQUENCY STATUS
1-30 Days 1.62%
31-60 Days 0.00%
61-90 Days 0.00%
DOCUMENTATION
Full 64.86%
Alternate 12.62%
Assets Verified / No Income 12.86%
No Income / No Assets 3.75%
Missing 5.90%
% FIRST LIEN 100.00%
PRODUCT TYPE
Fully Amortizing 91.53%
Balloon 8.47%
PROPERTY TYPE
Single Family 85.27%
Condo 4.93%
Land 8.35%
Two to Four Family 0.31%
Multi-Family (5+ Units) 0.47%
PUD 0.17%
Townhouse 0.19%
Cooperative 0.31%
LOAN PURPOSE
Purchase 37.57%
Refinance (Rate/Term) 38.26%
Refinance (Cash-out) 22.78%
Debt Consolidation 0.83%
Construction 0.46%
Home Improvement 0.10%
OCCUPANCY STATUS
Owner Occupied 80.02%
Second Home 19.56%
Investment Property 0.43%
Unknown 0.00%
LOCATION (> 5.00%)
Florida 30.49%
North Carolina 10.94%
New Jersey 10.80%
Pennsylvania 6.79%
Georgia 5.84%
South Carolina 5.61%
Virginia 5.21%
NUMBER OF STATES 43
% HIGH NET WORTH LOANS 34.68%
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT BALANCE AS OF 8/31/02 GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
0.01 to 100,000.00 57 $3,342,820.67 0.48%
100,000.01 to 200,000.00 217 35,346,581.89 5.07
200,000.01 to 300,000.00 563 146,324,050.73 21.01
300,000.01 to 400,000.00 515 177,045,708.53 25.42
400,000.01 to 500,000.00 269 120,100,773.94 17.24
500,000.01 to 600,000.00 153 82,823,928.14 11.89
600,000.01 to 700,000.00 57 36,521,534.77 5.24
700,000.01 to 800,000.00 20 14,856,244.07 2.13
800,000.01 to 900,000.00 30 25,373,880.32 3.64
900,000.01 to 1,000,000.00 20 19,106,104.28 2.74
1,000,000.01 to 1,100,000.00 5 5,303,898.06 0.76
1,100,000.01 to 1,200,000.00 2 2,394,830.04 0.34
1,200,000.01 to 1,300,000.00 7 8,734,013.64 1.25
1,400,000.01 to 1,500,000.00 1 1,454,337.21 0.21
1,700,000.01 to 1,800,000.00 4 6,970,122.65 1.00
1,900,000.01 to 2,000,000.00 3 5,823,863.51 0.84
2,100,000.01 to 2,200,000.00 1 2,141,519.09 0.31
2,900,000.01 to 3,000,000.00 1 2,929,922.53 0.42
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
MORTGAGE RATE (%) GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
5.251 to 5.500 3 $1,391,642.87 0.20%
5.501 to 5.750 10 3,789,202.16 0.54
5.751 to 6.000 71 24,249,593.10 3.48
6.001 to 6.250 98 36,735,860.79 5.27
6.251 to 6.500 225 82,851,939.83 11.89
6.501 to 6.750 440 163,209,345.94 23.43
6.751 to 7.000 479 167,490,033.97 24.04
7.001 to 7.250 235 85,712,195.26 12.30
7.251 to 7.500 145 53,413,124.80 7.67
7.501 to 7.750 96 34,740,629.29 4.99
7.751 to 8.000 49 14,698,219.99 2.11
8.001 to 8.250 37 12,949,700.01 1.86
8.251 to 8.500 16 5,658,606.56 0.81
8.501 to 8.750 13 5,072,744.72 0.73
8.751 to 9.000 3 3,346,422.41 0.48
9.001 to 9.250 1 791,489.83 0.11
9.501 to 9.750 1 111,768.58 0.02
9.751 to 10.000 1 153,544.04 0.02
10.251 to 10.500 2 228,069.92 0.03
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
GEOGRAPHIC LOCATION GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Florida 587 $212,414,547.24 30.49%
North Carolina 209 76,203,864.31 10.94
New Jersey 210 75,241,345.87 10.80
Pennsylvania 130 47,327,679.97 6.79
Georgia 119 40,668,135.70 5.84
South Carolina 97 39,070,159.13 5.61
Virginia 118 36,298,497.72 5.21
Connecticut 83 31,803,902.36 4.57
New York 60 25,424,997.99 3.65
California 70 23,292,108.06 3.34
Maryland 43 16,699,854.50 2.40
Texas 34 10,547,480.17 1.51
Colorado 19 8,468,157.27 1.22
Delaware 20 8,388,982.27 1.20
Illinois 13 5,549,363.50 0.80
Tennessee 16 5,434,815.37 0.78
Massachusetts 15 5,193,214.76 0.75
Arizona 14 5,167,708.79 0.74
District of Columbia 12 3,976,950.79 0.57
Washington 9 3,270,338.48 0.47
Alabama 6 1,495,156.61 0.21
Utah 3 1,488,297.84 0.21
Ohio 5 1,354,924.72 0.19
Idaho 3 1,210,428.48 0.17
Maine 3 1,189,142.80 0.17
Wisconsin 1 1,073,978.25 0.15
Rhode Island 3 909,402.13 0.13
New Mexico 2 699,986.57 0.10
Kentucky 2 642,942.05 0.09
Missouri 2 596,291.83 0.09
Nevada 2 626,821.27 0.09
Vermont 1 617,334.78 0.09
Oklahoma 1 523,220.27 0.08
Oregon 2 531,374.42 0.08
Louisiana 2 501,382.36 0.07
Montana 2 515,571.68 0.07
West Virginia 1 429,684.13 0.06
Indiana 1 344,231.74 0.05
Minnesota 1 348,459.45 0.05
Arkansas 1 261,619.99 0.04
Kansas 1 291,614.84 0.04
Mississippi 1 260,125.03 0.04
New Hampshire 1 240,038.58 0.03
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
FICO SCORE GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 31 $12,392,311.58 1.78%
451 to 500 1 250,116.54 0.04
501 to 550 13 4,472,888.68 0.64
551 to 600 37 14,248,355.08 2.05
601 to 650 136 48,261,538.01 6.93
651 to 700 349 140,448,486.31 20.16
701 to 750 596 216,753,370.08 31.12
751 to 800 717 245,564,353.08 35.25
801 to 850 45 14,202,714.71 2.04
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
ORIGINAL LTV (%) GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 4 $1,596,442.36 0.23%
15.01 to 20.00 3 1,161,672.92 0.17
20.01 to 25.00 9 3,531,946.61 0.51
25.01 to 30.00 10 3,696,678.34 0.53
30.01 to 35.00 32 10,526,699.01 1.51
35.01 to 40.00 47 21,030,385.64 3.02
40.01 to 45.00 61 24,508,525.93 3.52
45.01 to 50.00 92 36,440,562.73 5.23
50.01 to 55.00 114 39,688,999.37 5.70
55.01 to 60.00 132 50,657,964.48 7.27
60.01 to 65.00 155 56,681,590.01 8.14
65.01 to 70.00 211 74,761,428.96 10.73
70.01 to 75.00 278 96,177,958.73 13.81
75.01 to 80.00 495 165,956,150.52 23.82
80.01 to 85.00 49 21,634,251.15 3.11
85.01 to 90.00 155 58,473,589.49 8.39
90.01 to 95.00 31 12,074,954.76 1.73
95.01 to 100.00 47 17,994,333.06 2.58
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT LTV (%) GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 4 $1,596,442.36 0.23%
0.01 to 5.00 9 193,786.97 0.03
5.01 to 10.00 20 1,320,679.67 0.19
10.01 to 15.00 32 4,312,423.43 0.62
15.01 to 20.00 34 5,347,042.22 0.77
20.01 to 25.00 61 15,520,291.96 2.23
25.01 to 30.00 96 25,744,338.72 3.70
30.01 to 35.00 136 40,308,444.89 5.79
35.01 to 40.00 164 53,403,514.97 7.67
40.01 to 45.00 179 63,442,208.38 9.11
45.01 to 50.00 174 65,453,428.49 9.40
50.01 to 55.00 169 63,574,627.05 9.13
55.01 to 60.00 202 79,186,418.76 11.37
60.01 to 65.00 198 75,943,234.49 10.90
65.01 to 70.00 175 71,442,763.65 10.26
70.01 to 75.00 86 40,939,823.32 5.88
75.01 to 80.00 72 34,388,249.82 4.94
80.01 to 85.00 24 14,726,569.28 2.11
85.01 to 90.00 65 29,343,208.47 4.21
90.01 to 95.00 18 7,357,715.43 1.06
95.01 to 100.00 7 3,048,921.74 0.44
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
REMAINING TERM TO MATURITY (MONTHS) GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
1 to 24 44 $12,255,301.84 1.76%
25 to 48 100 39,851,467.56 5.72
49 to 72 174 43,238,383.67 6.21
73 to 96 223 55,354,102.94 7.95
97 to 120 110 32,943,378.44 4.73
121 to 144 1,012 371,725,868.09 53.36
145 to 168 140 72,264,994.49 10.37
169 to 192 109 65,378,125.50 9.39
193 to 216 2 289,206.92 0.04
241 to 264 5 1,459,581.34 0.21
265 to 288 3 929,763.13 0.13
289 to 312 2 350,005.99 0.05
313 to 336 1 553,954.16 0.08
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
SEASONING (MONTHS) GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
<1 13 $3,582,511.54 0.51%
1 to 24 285 156,879,648.65 22.52
25 to 48 756 295,265,842.12 42.39
49 to 72 406 136,499,289.36 19.60
73 to 96 139 38,395,420.72 5.51
97 to 120 267 57,915,170.06 8.31
121 to 144 49 7,086,850.38 1.02
145 to 168 10 969,401.24 0.14
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
DOCUMENTATION TYPE GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Full 1,221 $451,814,707.76 64.86%
Assets Verified / No Income 219 89,597,487.43 12.86
Alternate 246 87,904,898.06 12.62
Missing 147 41,124,610.88 5.90
No Income / No Assets 92 26,152,429.94 3.75
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
PROPERTY TYPE GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Single Family 1,689 $593,978,613.29 85.27%
Land 123 58,187,942.38 8.35
Condo 87 34,315,682.32 4.93
Multi-Family (5+ Units) 10 3,283,533.67 0.47
Cooperative 4 2,145,069.97 0.31
Two to Four Family 5 2,158,842.03 0.31
Townhouse 3 1,321,129.71 0.19
PUD 4 1,203,320.70 0.17
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
GROUP I
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
LOAN PURPOSE GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Refinance (Rate/Term) 769 $266,545,745.95 38.26%
Purchase 690 261,683,285.50 37.57
Refinance (Cash-out) 434 158,670,298.41 22.78
Debt Consolidation 18 5,792,988.57 0.83
Construction 11 3,170,921.02 0.46
Home Improvement 3 730,894.62 0.10
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
OCCUPANCY TYPE GROUP I LOANS GROUP I BALANCE GROUP I BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Primary Residence 1,610 $557,381,624.93 80.02%
Second Home 305 136,220,520.87 19.56
Investment Property 10 2,991,988.27 0.43
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 1,925 $696,594,134.07 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
DESCRIPTION OF COLLATERAL
-------------------------
GROUP II
SUMMARY STATISTICS
NUMBER OF MORTGAGE LOANS 3,361
CURRENT PRINCIPAL BALANCE $1,432,511,178.13
Minimum $8,277.80
Maximum $2,809,025.77
Average $426,215.76
CURRENT LTV RATIO (%)
Minimum 1.52%
Maximum 99.36%
Weighted Average 70.02%
MORTGAGE RATE (%)
Minimum 3.625%
Maximum 10.800%
Weighted Average 7.157%
REMAINING TERM (MONTHS)
Minimum 10
Maximum 355
Weighted Average 317
WEIGHTED AVERAGE SEASONING 41.07
FICO SCORE
Minimum 457
Maximum 820
Weighted Average 715
DELINQUENCY STATUS
1-30 Days 1.86%
31-60 Days 0.00%
61-90 Days 0.00%
DOCUMENTATION
Full 56.63%
Alternate 22.05%
Assets Verified / No Income 9.95%
No Income / No Assets 3.53%
Missing 7.83%
% FIRST LIEN 100.00%
PRODUCT TYPE
Fully Amortizing 100.00%
Balloon 0.00%
PROPERTY TYPE
Single Family 93.96%
Condo 3.31%
Land 0.04%
Two to Four Family 0.79%
Multi-Family (5+ Units) 0.56%
PUD 0.62%
Townhouse 0.42%
Cooperative 0.31%
LOAN PURPOSE
Purchase 65.10%
Refinance (Rate/Term) 20.16%
Refinance (Cash-out) 13.00%
Debt Consolidation 1.07%
Construction 0.28%
Home Improvement 0.39%
OCCUPANCY STATUS
Owner Occupied 93.27%
Second Home 5.84%
Investment Property 0.68%
Unknown 0.21%
LOCATION (> 5.00%)
Florida 17.28%
California 10.49%
New Jersey 9.42%
Virginia 7.15%
North Carolina 6.60%
Connecticut 6.34%
Pennsylvania 6.02%
New York 5.35%
Georgia 5.09%
NUMBER OF STATES 45
% HIGH NET WORTH LOANS 15.53%
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT BALANCE AS OF 8/31/02 GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
0.01 to 100,000.00 13 765,034.08 0.05%
100,000.01 to 200,000.00 36 5,988,387.69 0.42
200,000.01 to 300,000.00 345 96,570,716.89 6.74
300,000.01 to 400,000.00 1,564 537,917,456.07 37.55
400,000.01 to 500,000.00 711 315,239,875.36 22.01
500,000.01 to 600,000.00 302 165,283,264.92 11.54
600,000.01 to 700,000.00 179 114,118,463.04 7.97
700,000.01 to 800,000.00 75 55,626,667.42 3.88
800,000.01 to 900,000.00 48 40,778,037.96 2.85
900,000.01 to 1,000,000.00 55 52,537,695.87 3.67
1,000,000.01 to 1,100,000.00 6 6,314,197.63 0.44
1,100,000.01 to 1,200,000.00 7 8,105,225.94 0.57
1,200,000.01 to 1,300,000.00 5 6,370,055.23 0.44
1,300,000.01 to 1,400,000.00 2 2,615,450.89 0.18
1,400,000.01 to 1,500,000.00 2 2,972,249.48 0.21
1,500,000.01 to 1,600,000.00 1 1,537,873.56 0.11
1,600,000.01 to 1,700,000.00 3 5,010,723.06 0.35
1,700,000.01 to 1,800,000.00 2 3,543,951.96 0.25
1,800,000.01 to 1,900,000.00 1 1,828,623.26 0.13
1,900,000.01 to 2,000,000.00 1 1,983,152.89 0.14
2,200,000.01 to 2,300,000.00 1 2,262,399.89 0.16
2,300,000.01 to 2,400,000.00 1 2,332,649.27 0.16
2,800,000.01 to 2,900,000.00 1 2,809,025.77 0.20
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
MORTGAGE RATE (%) GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
3.501 to 3.750 1 977,682.79 0.07%
4.001 to 4.250 2 645,879.78 0.05
4.501 to 4.750 3 994,404.00 0.07
4.751 to 5.000 2 726,865.09 0.05
5.001 to 5.250 1 862,589.14 0.06
5.251 to 5.500 4 1,715,544.23 0.12
5.501 to 5.750 1 303,736.10 0.02
5.751 to 6.000 59 24,241,161.82 1.69
6.001 to 6.250 79 33,861,342.98 2.36
6.251 to 6.500 267 111,291,399.49 7.77
6.501 to 6.750 531 216,307,886.52 15.10
6.751 to 7.000 650 274,309,792.13 19.15
7.001 to 7.250 616 258,032,845.12 18.01
7.251 to 7.500 519 226,452,462.08 15.81
7.501 to 7.750 269 124,015,365.11 8.66
7.751 to 8.000 166 76,511,410.62 5.34
8.001 to 8.250 59 25,536,194.61 1.78
8.251 to 8.500 55 26,001,875.72 1.82
8.501 to 8.750 37 15,924,668.20 1.11
8.751 to 9.000 22 7,687,096.91 0.54
9.001 to 9.250 1 988,836.01 0.07
9.251 to 9.500 5 1,049,896.29 0.07
9.501 to 9.750 7 2,617,524.32 0.18
9.751 to 10.000 1 299,193.52 0.02
10.251 to 10.500 2 796,338.86 0.06
10.501 to 10.750 1 21,632.49 0.00
10.751 to 11.000 1 337,554.20 0.02
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
GEOGRAPHIC LOCATION GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Florida 558 247,498,830.74 17.28%
California 340 150,219,342.02 10.49
New Jersey 318 134,878,606.33 9.42
Virginia 261 102,427,234.16 7.15
North Carolina 216 94,574,800.43 6.60
Connecticut 198 90,839,519.19 6.34
Pennsylvania 194 86,296,029.77 6.02
New York 172 76,570,175.92 5.35
Georgia 172 72,973,807.37 5.09
Massachusetts 140 57,952,983.25 4.05
Maryland 108 44,607,777.71 3.11
Texas 85 32,997,716.90 2.30
Colorado 70 30,914,777.36 2.16
Illinois 65 25,895,435.16 1.81
South Carolina 58 25,122,674.80 1.75
Ohio 62 24,466,182.98 1.71
Washington 46 18,663,134.36 1.30
Michigan 41 15,447,070.21 1.08
Arizona 36 14,781,514.60 1.03
Tennessee 25 9,892,329.70 0.69
District of Columbia 26 9,375,779.81 0.65
Minnesota 24 8,479,789.99 0.59
Indiana 22 8,337,051.61 0.58
Missouri 19 7,281,231.98 0.51
Delaware 12 5,773,971.34 0.40
New Hampshire 13 5,101,148.89 0.36
Nevada 8 4,234,333.31 0.30
Rhode Island 10 3,648,798.03 0.25
Alabama 9 3,323,533.56 0.23
Oregon 9 2,976,147.33 0.21
Kentucky 6 2,660,612.28 0.19
Kansas 7 2,449,073.35 0.17
Wisconsin 6 2,167,978.94 0.15
Louisiana 5 1,753,324.61 0.12
Maine 4 1,489,865.97 0.10
Mississippi 3 1,365,617.52 0.10
Vermont 2 1,203,646.60 0.08
Utah 3 1,047,649.10 0.07
Arkansas 2 746,229.43 0.05
Montana 1 386,279.93 0.03
Oklahoma 1 385,472.27 0.03
Wyoming 1 359,758.24 0.03
Iowa 1 300,106.18 0.02
Idaho 1 325,057.57 0.02
West Virginia 1 318,777.33 0.02
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
FICO SCORE GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 33 14,576,688.59 1.02%
451 to 500 7 2,751,174.47 0.19
501 to 550 39 16,646,536.90 1.16
551 to 600 97 45,313,221.44 3.16
601 to 650 330 144,600,005.49 10.09
651 to 700 706 304,759,555.94 21.27
701 to 750 970 419,282,309.24 29.27
751 to 800 1,119 461,890,899.56 32.24
801 to 850 60 22,690,786.50 1.58
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
ORIGINAL LTV (%) GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 2 787,575.26 0.05%
0.01 to 5.00 1 243,735.03 0.02
15.01 to 20.00 1 926,455.80 0.06
20.01 to 25.00 4 1,778,201.98 0.12
25.01 to 30.00 8 5,753,988.31 0.40
30.01 to 35.00 22 10,076,312.19 0.70
35.01 to 40.00 32 17,465,562.69 1.22
40.01 to 45.00 35 16,790,555.23 1.17
45.01 to 50.00 66 32,573,308.74 2.27
50.01 to 55.00 96 45,551,630.45 3.18
55.01 to 60.00 151 68,549,173.35 4.79
60.01 to 65.00 190 84,739,299.32 5.92
65.01 to 70.00 273 119,516,799.16 8.34
70.01 to 75.00 439 197,193,568.50 13.77
75.01 to 80.00 1,447 591,473,769.68 41.29
80.01 to 85.00 117 51,576,198.16 3.60
85.01 to 90.00 310 119,565,036.19 8.35
90.01 to 95.00 128 50,081,819.39 3.50
95.01 to 100.00 39 17,868,188.70 1.25
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
CURRENT LTV (%) GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Not Available 2 787,575.26 0.05%
0.01 to 5.00 2 252,012.83 0.02
5.01 to 10.00 3 168,832.57 0.01
10.01 to 15.00 5 774,965.52 0.05
15.01 to 20.00 7 2,300,964.93 0.16
20.01 to 25.00 20 5,381,648.42 0.38
25.01 to 30.00 22 11,140,095.87 0.78
30.01 to 35.00 31 13,307,718.09 0.93
35.01 to 40.00 56 23,436,594.99 1.64
40.01 to 45.00 71 32,839,872.66 2.29
45.01 to 50.00 111 47,767,058.99 3.33
50.01 to 55.00 137 62,650,578.80 4.37
55.01 to 60.00 198 85,020,556.28 5.94
60.01 to 65.00 252 111,022,913.29 7.75
65.01 to 70.00 346 154,043,740.60 10.75
70.01 to 75.00 557 240,533,938.64 16.79
75.01 to 80.00 1,047 442,585,241.49 30.90
80.01 to 85.00 156 62,906,290.04 4.39
85.01 to 90.00 231 91,466,410.51 6.39
90.01 to 95.00 90 36,127,272.20 2.52
95.01 to 100.00 17 7,996,896.15 0.56
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
REMAINING TERM TO MATURITY (MONTHS) GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
1 to 24 3 523,341.90 0.04%
49 to 72 6 603,585.96 0.04
73 to 96 5 974,149.03 0.07
97 to 120 10 2,866,191.94 0.20
121 to 144 24 8,914,962.30 0.62
145 to 168 9 2,460,809.20 0.17
169 to 192 17 6,849,243.28 0.48
193 to 216 35 16,956,400.56 1.18
217 to 240 57 22,415,425.68 1.56
241 to 264 200 73,094,042.08 5.10
265 to 288 228 87,891,944.37 6.14
289 to 312 306 132,440,556.83 9.25
313 to 336 1,329 573,327,311.12 40.02
337 to 360 1,132 503,193,213.88 35.13
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
SEASONING (MONTHS) GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
<1 1 $178,062.89 0.01%
1 to 24 1,144 510,102,983.30 35.61
25 to 48 1378 594,735,918.00 41.52
49 to 72 276 117,579,589.11 8.21
73 to 96 251 96,328,547.71 6.72
97 to 120 211 77,855,180.25 5.43
121 to 144 52 17,858,028.81 1.25
145 to 168 28 11,969,132.03 0.84
169 to 192 12 4,642,714.62 0.32
193 to 216 1 19,842.04 0.00
217 to 240 2 291,993.77 0.02
241 to 264 1 233,912.18 0.02
265 to 288 1 191,931.52 0.01
313 to 336 1 46,858.34 0.00
337 to 360 2 476,483.56 0.03
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
DOCUMENTATION TYPE GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Full 1,870 811,286,493.21 56.63%
Alternate 759 315,911,648.88 22.05
Assets Verified / No Income 327 142,589,972.98 9.95
Missing 280 112,171,052.68 7.83
No Income / No Assets 125 50,552,010.38 3.53
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
PROPERTY TYPE GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Single Family 3,164 1,345,926,207.13 93.96%
Condo 112 47,379,788.55 3.31
Two to Four Family 26 11,246,769.74 0.79
PUD 23 8,950,192.02 0.62
Multi-Family (5+ Units) 15 7,951,191.31 0.56
Townhouse 14 6,048,570.59 0.42
Cooperative 5 4,385,757.02 0.31
Land 2 622,701.77 0.04
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
SERIES TERM SHEET DATED SEPTEMBER 11, 2002
WASI, SERIES 2002-1
- --------------------------------------------------------------------------------
GROUP II
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
LOAN PURPOSE GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Purchase 2,217 932,583,669.12 65.10%
Refinance (Rate/Term) 674 288,751,723.59 20.16
Refinance (Cash-out) 408 186,243,838.68 13.00
Debt Consolidation 37 15,334,629.28 1.07
Home Improvement 15 5,547,950.82 0.39
Construction 10 4,049,366.64 0.28
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
NUMBER OF AGGREGATE PERCENT OF AGGREGATE
OCCUPANCY TYPE GROUP II LOANS GROUP II BALANCE GROUP II BALANCE
- ----------------------------------- -------------- ----------------- --------------------
Primary Residence 3,160 1,336,067,383.49 93.27%
Second Home 174 83,679,461.53 5.84
Investment Property 19 9,771,817.77 0.68
Unknown 8 2,992,515.34 0.21
- ----------------------------------- -------------- ----------------- -------------------
TOTAL 3,361 $1,432,511,178.13 100.00%
============== ================= ===================
This page must be accompanied by a disclaimer. If you did not receive such a
disclaimer, please contact Wachovia Securities immediately. This Series Term
Sheet supersedes any previous Series Term Sheet and will be superseded by the
information in the Prospectus Supplement.
WASI 2002-1
DISCLAIMER
Wachovia Securities has provided this data as an accommodation. By accepting
this data, the recipient agrees that Wachovia Securities does not guarantee and
makes no representation or warranty whatsoever, whether express or implied,
including without limitation, any warranties of fitness for a particular purpose
or merchantability, with respect to this data or the accuracy, currency or
completeness thereof. By accepting this data, the recipient agrees that neither
Wachovia Securities, its employees nor any of its affiliates shall have any
liability to the recipient or any other entity claiming by or through the
recipient for any loss, injury, damages or expenses arising from or occasioned
by or through this data, the reliance thereon by the recipient or any other
party or the provision thereof by Wachovia Securities.
This data is for your information only and is not an offer to sell or a
solicitation of any offer to buy any securities, including any of the securities
that may be mentioned in this data. Wachovia Securities or its affiliates may
provide advice or may from time to time acquire, hold or sell positions in any
of the securities that may be mentioned in this data, either for its own account
of for the account of others. Wachovia Securities is a subsidiary of Wachovia
Corporation and is a member of the NYSE, the NASD and the SIPC.
[WACHOVIA SECURITIES LOGO]
1. CURRENT BALANCE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
CURRENT BALANCE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
1 -- 50,000 8 0.74 253,899.50 7.578 0 150 234 139 139 95 70.75 743.019
50,001 -- 100,000 16 3.6 1,232,246.65 7.164 0 177 206 134 134 72 71.5 724.934
100,001 -- 150,000 23 8.81 3,010,570.27 7.019 1 215 215 127 127 88 69.86 717.525
150,001 -- 200,000 66 34.35 11,739,861.64 7.038 0 202 207 109 109 98 68.39 730.27
200,001 -- 250,000 78 52.5 17,945,092.97 7.068 0 211 211 134 134 77 71.12 730.439
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 19,842.04
Average: 178,961.63
Maximum: 249,132.16
2. DELINQUENCY STATUS (CALCULATED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
DELINQUENCY STATUS (CALCULATED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0 189 98.91 33,809,038.71 7.062 0 207 210 125 125 85 70.01 730.693
1 -- 30 2 1.09 372,632.32 6.938 30 180 180 87 87 93 75.67 588.324
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.00
Wt. Average: 0.33
Maximum: 30.00
3. PAY-THRU-DATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PAY-THRU-DATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
2002-07 2 1.09 372,632.32 6.938 30 180 180 87 87 93 75.67 588.324
2002-08 171 89.92 30,734,877.80 7.067 0 210 212 128 128 84 69.96 729.415
2002-09 17 8.47 2,895,462.79 6.986 0 167 190 98 98 93 70.75 742.426
2002-12 1 0.52 178,698.12 7.375 0 180 180 67 67 113 68.27 759
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
4. NEXT PAYMENT DATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
NEXT PAYMENT DATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
2002-08 2 1.09 372,632.32 6.938 30 180 180 87 87 93 75.67 588.324
2002-09 171 89.92 30,734,877.80 7.067 0 210 212 128 128 84 69.96 729.415
2002-10 17 8.47 2,895,462.79 6.986 0 167 190 98 98 93 70.75 742.426
2003-01 1 0.52 178,698.12 7.375 0 180 180 67 67 113 68.27 759
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
5. INTEREST RATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
INTEREST RATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
5.251 -- 5.375 1 0.68 233,940.73 5.375 0 180 180 214 214 -34 85.86 646
5.876 -- 6.000 4 1.88 641,397.02 5.993 7 176 176 76 76 101 73.52 674.901
6.001 -- 6.125 4 1.8 616,729.90 6.125 0 180 180 117 117 63 76.15 690.302
6.251 -- 6.375 7 3.84 1,313,598.65 6.375 0 223 223 133 133 90 69.9 768.068
6.376 -- 6.500 12 7.35 2,513,984.36 6.5 0 190 190 100 100 89 70.57 735.142
6.501 -- 6.625 14 7.33 2,505,015.63 6.625 0 183 183 90 90 92 68.43 717.833
6.626 -- 6.750 20 10.72 3,664,972.10 6.75 0 197 197 121 121 76 68.87 744.419
6.751 -- 6.875 26 13.59 4,645,494.17 6.872 0 186 186 103 103 82 71.25 730.035
6.876 -- 7.000 19 9.1 3,110,720.88 7 0 223 226 139 139 87 69.7 742.753
7.001 -- 7.125 18 9.62 3,289,522.28 7.125 0 208 208 111 111 97 71.75 729.661
7.126 -- 7.250 10 4.79 1,637,352.66 7.25 0 253 253 164 164 89 65.79 743.665
7.251 -- 7.375 18 9.69 3,313,050.55 7.375 0 241 241 146 146 96 70.63 730.28
7.376 -- 7.500 10 5.93 2,025,290.49 7.5 3 200 200 129 129 71 69.04 692.88
7.501 -- 7.625 6 3.12 1,065,444.77 7.625 0 221 221 138 138 83 60.08 713.775
7.626 -- 7.750 7 3.48 1,190,343.90 7.75 0 152 202 102 102 99 75.93 705.18
7.751 -- 7.875 2 1.23 420,664.33 7.875 0 180 180 93 93 87 65 750.063
7.876 -- 8.000 2 0.88 301,901.95 8 0 316 316 228 228 88 60.13 781.437
8.001 -- 8.125 1 0.71 242,708.09 8.125 0 180 180 97 97 83 79.05 726
8.126 -- 8.250 1 0.16 55,266.19 8.25 0 180 180 210 210 -30 79.83 783
8.251 -- 8.375 1 0.64 218,316.07 8.375 0 240 240 116 116 124 34.97 751
8.376 -- 8.500 2 1.09 373,895.71 8.5 0 301 301 191 191 110 68.09 750.458
8.501 -- 8.625 1 0.71 241,411.06 8.625 0 180 180 262 262 -82 82.67 749
8.751 -- 8.875 1 0.72 244,934.99 8.875 0 360 360 236 236 124 80 769
8.876 -- 9.000 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
9.376 -- 9.500 1 0.06 19,842.04 9.5 0 0 295 81 81 214 88.89 716
9.626 -- 9.750 1 0.52 178,062.89 9.75 0 209 209 226 226 -17 78.49 695
10.626 -- 10.750 1 0.06 21,632.49 10.75 0 0 350 162 162 188 70 713
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
IRIMinimum: 5.375
Wt. Average: 7.061
Maximum: 10.750
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
6. ORIGINAL BALANCE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
ORIGINAL BALANCE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
0.01 -- 50,000.00 2 0.12 41,474.53 10.152 0 0 324 123 123 200 79.04 714.435
50,000.01 -- 100,000.00 1 0.13 44,816.61 7 0 0 173 72 72 101 90 660
100,000.01 -- 150,000.00 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
200,000.01 -- 250,000.00 1 0.5 171,793.92 7.75 0 0 342 240 240 102 77.51 643
300,000.01 -- 350,000.00 90 49.28 16,844,447.21 7.091 1 211 211 131 131 80 69.36 730.62
350,000.01 -- 400,000.00 53 27.59 9,430,417.86 6.997 0 204 204 115 115 88 69.75 729.764
400,000.01 -- 450,000.00 22 12.81 4,378,814.11 6.94 0 209 209 111 111 98 71.97 720.995
450,000.01 -- 500,000.00 9 3.41 1,166,587.08 7.012 0 209 209 131 131 78 75.91 753.572
500,000.01 -- 550,000.00 4 2.34 798,731.76 6.927 0 192 192 121 121 71 69.18 756.767
550,000.01 -- 600,000.00 4 2.01 688,301.77 7.462 0 228 228 143 143 85 67.14 741.391
600,000.01 -- 650,000.00 1 0.23 77,696.77 6.625 0 186 186 63 63 123 56.52 655
750,000.01 -- 800,000.00 2 0.96 328,518.44 7.162 0 238 238 138 138 100 69.24 679.572
950,000.01 -- 1,000,000.00 1 0.33 113,893.84 7.75 0 180 180 65 65 115 59.75 783
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 27,300.00
Average: 373,177.59
Maximum: 971,000.00
7. LOAN CLOSE DATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LOAN CLOSE DATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
1978 1 0.56 191,931.52 7.125 0 360 360 74 74 286 50 716
1979 1 0.06 19,842.04 9.5 0 0 295 81 81 214 88.89 716
1986 1 0.06 21,632.49 10.75 0 0 350 162 162 188 70 713
1987 2 0.59 200,092.49 6.524 0 248 248 151 151 97 79.08 733.922
1988 4 1.78 607,012.81 7.056 0 244 244 105 105 139 70.1 781.451
1989 4 1.62 552,736.57 6.991 0 180 180 125 125 55 72.12 765.486
1990 4 1.66 569,013.00 6.926 0 249 249 165 165 84 73.61 713.406
1991 4 2.14 732,687.02 7.736 0 261 261 171 171 90 81.12 721.186
1992 23 11.63 3,975,737.96 7.379 1 204 219 104 104 115 65.55 722.175
1993 43 21.62 7,388,817.10 6.944 0 204 205 106 106 99 69.05 723.901
1994 34 18.33 6,264,731.59 6.966 1 205 211 122 122 89 72.38 722.869
1995 21 12.79 4,373,529.80 7.133 0 205 205 126 126 79 73.7 723.857
1996 14 8.5 2,905,165.16 6.927 0 195 195 126 126 69 71.06 740.832
1997 6 3.29 1,124,293.37 7.412 0 180 180 133 133 47 57.58 722.161
1998 24 13.13 4,488,073.18 6.915 0 206 206 154 154 51 69.1 742.91
1999 4 1.66 567,077.14 7.118 0 226 226 187 187 39 72.72 747.38
2000 1 0.58 199,297.79 7.5 0 171 171 147 147 24 67.59 701
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
8. STATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
STATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
FL 170 87.48 29,902,062.63 7.05 0 200 204 118 118 86 70.38 727.278
NY 13 7.97 2,722,815.64 7.284 3 265 265 166 166 98 66.73 738.75
TX 8 4.55 1,556,792.76 6.874 0 222 222 171 171 50 70.09 747.698
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
9. TOP 20 ZIP
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
TOP 20 ZIP COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
32082 5 2.85 973,033.54 7.239 0 215 215 128 128 87 73.78 718.179
33156 5 2.72 931,278.70 7.759 0 223 223 142 142 81 71.66 727.433
32073 4 2.07 705,898.88 6.707 0 168 168 84 84 84 69.06 721.28
32903 4 1.98 675,317.33 6.485 0 180 180 74 74 106 74.53 719.797
33496 3 1.91 653,546.95 7.192 0 243 243 158 158 85 74.62 772.869
32217 3 1.84 629,240.51 6.994 0 198 198 125 125 73 70.12 764.746
33940 3 1.83 626,329.74 7.185 0 218 218 92 92 126 69.66 747.441
32207 3 1.71 585,082.61 6.669 0 191 191 136 136 55 74.39 697.6
33308 4 1.65 565,479.00 7.339 0 180 180 83 83 97 72.71 725.438
33143 3 1.52 518,826.51 7.539 0 231 231 114 114 117 67.39 707.573
33414 2 1.43 487,221.04 6.992 0 263 263 167 167 96 78.52 706.683
32776 2 1.38 472,092.92 8.259 0 180 180 192 192 -12 81.36 774.898
33432 2 1.37 467,791.41 6.815 0 180 180 131 131 49 76 757.086
32210 2 1.34 457,504.56 6.696 0 180 180 83 83 97 76.9 722.124
10538 2 1.3 445,033.23 7.634 0 360 360 266 266 94 63.08 739.433
33070 2 1.29 439,513.03 6.957 0 180 180 105 105 75 55.64 707.757
32223 2 1.28 438,364.65 7.263 0 219 219 112 112 107 53.46 758.709
33141 2 1.25 427,617.98 6.923 0 208 208 155 155 53 51.84 717.352
34616 2 1.23 419,356.97 6.949 0 215 215 111 111 104 50.76 739.336
33146 2 1.21 414,854.11 7.307 0 180 180 67 67 113 59.05 730.949
Other 134 66.84 22,848,287.36 7.016 0 205 210 124 124 85 70.48 727.573
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
10. MATURITY DATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
MATURITY DATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
2007 11 5.08 1,737,070.03 7.095 2 182 182 63 63 119 62.72 688.92
2008 43 20.97 7,166,198.62 6.957 0 181 182 72 72 111 69.45 730.986
2009 30 15.02 5,133,376.57 6.792 0 176 177 80 80 97 70.41 716.977
2010 7 4.26 1,457,626.75 7.581 0 177 177 96 96 81 76.13 734.086
2011 12 7.18 2,453,244.41 7.013 3 187 187 105 105 82 75.25 734.346
2012 9 5.6 1,914,270.26 7.397 0 200 200 120 120 79 58.15 736.661
2013 37 20.29 6,936,831.83 6.852 0 185 185 129 129 56 71.31 734.294
2014 7 3.88 1,327,894.54 7.148 0 213 213 140 140 73 62.55 761.881
2015 1 0.69 235,950.68 7 0 219 219 149 149 70 75.86 774
2016 1 0.06 21,632.49 10.75 0 0 350 162 162 188 70 713
2017 1 0.23 79,795.88 7.125 0 351 351 176 176 175 78.17 773
2018 2 1.05 358,353.21 7.125 0 294 294 189 189 105 62.15 731.164
2020 3 1.29 440,459.85 6.079 0 242 242 213 213 28 77.08 707.488
2021 2 1.12 382,016.35 8.482 0 290 290 225 225 64 78.91 685.924
2022 4 2.22 759,869.01 7.895 0 273 351 237 237 114 75.95 734.191
2023 4 2.05 700,492.77 7.475 0 352 352 253 253 98 71.15 727.578
2024 9 5.21 1,781,410.63 7.417 0 312 332 262 262 70 77.2 724.65
2025 1 0.67 227,774.95 8 0 360 360 274 274 86 56 778
2026 1 0.63 213,934.51 6.75 0 360 360 286 286 74 69.15 728
2027 1 0.2 68,973.22 7.625 0 180 180 304 304 -124 90 741
2028 4 1.87 639,149.81 7.24 0 360 360 313 313 47 62.09 757.926
2029 1 0.43 145,344.66 7.375 0 360 360 322 322 38 81.4 676
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
11. ORIGINAL TERM
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
ORIGINAL TERM COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
61 -- 120 1 0.35 118,845.93 6.875 0 120 120 64 64 56 67.89 678
121 -- 180 144 75.46 25,795,115.78 6.969 0 178 178 99 99 80 70.26 726.271
181 -- 240 15 8.73 2,985,186.42 7.281 0 232 232 131 131 101 68.36 746.868
241 -- 300 2 0.72 246,792.24 7.776 0 234 258 134 134 124 60.64 773.015
301 -- 360 29 14.73 5,035,730.66 7.37 0 336 356 253 253 103 70.68 732.224
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 120
Wt. Average: 210
Maximum: 360
12. CALL (BALLOON?) DATE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
CALL (BALLOON?) DATE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
EMPTY 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
13. APPRAISED VALUE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
APPRAISED VALUE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0 1 0.6 204,011.83 7.375 0 180 180 68 68 112 0 706
1 -- 100,000 3 0.25 86,291.14 8.515 0 0 245 97 97 149 84.73 686.163
100,001 -- 200,000 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
200,001 -- 300,000 1 0.5 171,793.92 7.75 0 0 342 240 240 102 77.51 643
300,001 -- 400,000 18 11.01 3,763,623.49 7.181 0 212 212 143 143 69 80.87 722.989
400,001 -- 500,000 72 37.01 12,651,816.77 6.995 1 208 208 125 125 82 76.55 726.257
500,001 -- 600,000 40 22.64 7,739,673.86 7.004 0 209 209 121 121 88 71.12 740.14
600,001 -- 700,000 23 12.1 4,134,807.07 7.012 0 194 194 113 113 80 63.76 735.005
700,001 -- 800,000 6 2.84 969,802.91 6.902 0 245 245 154 154 92 57.63 748.077
800,001 -- 900,000 12 6.37 2,177,200.51 7.267 0 225 225 111 111 114 50.76 729.504
900,001 -- 1,000,000 6 2.96 1,012,722.82 7.174 0 208 208 112 112 96 40.99 740.309
1,000,001 -- 1,100,000 2 0.81 278,050.15 7.533 0 180 180 116 116 64 30.81 660.983
1,100,001 -- 1,200,000 3 1.35 460,294.68 7.251 0 181 181 90 90 91 60.1 666.66
1,200,001 -- 1,300,000 1 0.4 135,232.69 6.5 0 322 322 246 246 76 66.12 759
1,500,001 -- 1,600,000 1 0.54 186,278.22 6.5 0 180 180 76 76 104 22.19 0
1,600,001 -- 1,700,000 1 0.33 113,893.84 7.75 0 180 180 65 65 115 59.75 783
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.00
Average: 559,282.02
Maximum: 1,625,000.00
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
14. PROPERTY PURCHASE PRICE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PROPERTY PURCHASE PRICE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0 125 65.27 22,309,502.03 6.991 1 200 201 112 112 89 67.88 727.947
100,001 - 200,000 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
200,001 - 300,000 1 0.5 171,793.92 7.75 0 0 342 240 240 102 77.51 643
300,001 - 400,000 10 6.05 2,068,716.26 7.414 0 233 233 169 169 64 79.49 721.818
400,001 - 500,000 27 13.57 4,638,465.00 7.132 0 213 213 137 137 77 77.74 746.273
500,001 - 600,000 15 8.73 2,985,312.60 7.008 0 227 227 146 146 81 72.2 731.231
600,001 - 700,000 5 2.3 787,040.74 7.377 0 232 232 162 162 70 63.78 739.228
700,001 - 800,000 2 1.02 348,488.20 7.261 0 176 176 77 77 99 62.53 720.189
800,001 - 900,000 2 0.76 258,344.55 7.03 0 292 292 144 144 148 49.99 745.515
1,000,001 - 1,100,000 1 0.57 193,285.75 7.625 0 180 180 63 63 117 71.43 624
1,100,001 - 1,200,000 2 0.95 324,544.85 6.865 0 239 239 177 177 62 56.72 733.334
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.00
Average: 179,067.38
Maximum: 1,200,000.00
15. PRODUCT CODE (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PRODUCT CODE (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
16. PRODUCT CODE (RE-MAPPED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PRODUCT CODE (RE-MAPPED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
FR15 145 75.81 25,913,961.71 6.969 0 178 178 99 99 79 70.25 726.048
FR30 46 24.19 8,267,709.32 7.35 0 295 308 205 205 103 69.54 738.729
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
17. LOANTYPE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LOANTYPE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
CONVENTIONAL WITHOUT PMI 190 99.57 34,036,326.37 7.059 0 206 209 124 124 85 70.03 729.36
CONVENTIONAL WITH PMI 1 0.43 145,344.66 7.375 0 360 360 322 322 38 81.4 676
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
18. PROPERTY TYPE (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PROPERTY TYPE (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
SINGLE FAMILY 77 41.21 14,084,797.57 7.152 0 218 218 146 146 71 69.51 737.71
CONDO 5 3.09 1,056,648.65 7.66 0 246 246 162 162 84 73.86 717.435
OTHER 1 0.56 191,931.52 7.125 0 360 360 74 74 286 50 716
UNKNOWN 107 54.75 18,713,060.60 6.961 0 193 199 106 106 94 70.53 723.196
LAND 1 0.4 135,232.69 6.5 0 322 322 246 246 76 66.12 759
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
19. LOAN PURPOSE (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LOAN PURPOSE (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
PURCHASE 60 30.78 10,519,476.56 7.093 0 226 226 147 147 79 73.28 730.516
CONSTRUCTION/PERMANENT 36 19.86 6,786,921.82 6.93 0 205 205 128 128 77 73.77 734.724
CONSTRUCTION 1 0.36 123,927.09 7 0 173 173 72 72 101 80 778
HOME IMPROVEMENT 38 18.84 6,440,284.52 6.974 1 194 194 94 94 101 67.3 729.233
CASH OUT REFINANCE 31 16.67 5,698,182.16 7.227 0 206 206 113 113 93 64.73 712.361
NO CASH OUT REFINANCE 16 10.47 3,577,941.71 7.025 2 187 187 126 126 62 66.1 745.811
OTHER 1 0.56 191,931.52 7.125 0 360 360 74 74 286 50 716
UNKNOWN 8 2.47 843,005.65 7.404 0 121 256 150 150 106 78.5 704.469
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
20. OCCUPANCY CODE (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
OCCUPANCY CODE (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
OWNER OCCUPIED 173 92.77 31,710,559.48 7.036 0 209 209 124 124 85 70.3 730.114
SECONDARY RESIDENCE 12 5.98 2,042,722.36 7.195 0 209 209 124 124 85 63.93 730.409
UNKNOWN 5 1.04 354,262.19 8.276 0 0 323 211 211 112 84.71 621.207
RENTAL 1 0.22 74,127.00 8 0 180 180 87 87 93 72.83 792
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
21. INTEREST METHOD (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
INTEREST METHOD (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
ARREARS INTEREST 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
22. FICO BORROWER 1 (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
FICO BORROWER 1 (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.000
Wt. Average: 0.000
Maximum: 0.000
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
23. FICO BORROWER 1
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
FICO BORROWER 1 COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0 1 0.54 186,278.22 6.5 0 180 180 76 76 104 22.19 0
501 -- 550 2 0.69 235,701.05 7.224 18 107 253 142 142 111 81.24 513.937
551 -- 600 2 0.94 321,084.75 7.413 0 180 180 71 71 109 58.81 578.598
601 -- 650 10 5.91 2,020,217.59 7.009 3 165 194 130 130 64 70.01 632.566
651 -- 700 32 17.04 5,823,356.44 7.151 0 214 215 125 125 90 70.74 679.95
701 -- 750 64 34.38 11,750,229.81 6.99 0 201 202 122 122 80 70.97 726.877
751 -- 800 78 39.12 13,371,977.14 7.078 0 218 218 128 128 90 69.41 771.898
801 -- 850 2 1.38 472,826.03 7.363 0 180 180 123 123 57 80 803.536
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.000
Non Zero Wt. Average: 729.132
Maximum: 805.000
24. LTV (SBO)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LTV (SBO) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0.00 1 0.6 204,011.83 7.375 0 180 180 68 68 112 0 706
0.01 -- 10.00 16 8.3 2,835,403.60 6.938 0 188 188 101 101 87 69.43 709.18
20.01 -- 30.00 2 1.26 430,080.29 7.138 0 180 180 102 102 78 26.51 643
30.01 -- 40.00 6 3.37 1,150,684.22 7.213 0 204 204 112 112 92 35.97 748.824
40.01 -- 50.00 9 4.27 1,457,916.13 7.203 0 223 223 113 113 110 48.59 710.568
50.01 -- 60.00 15 7.31 2,498,980.00 7.179 0 224 224 126 126 98 54.32 744.728
60.01 -- 70.00 33 17.24 5,893,855.57 7.002 1 219 221 136 136 84 66.24 734.098
70.01 -- 80.00 88 48.2 16,477,184.23 7.041 0 204 207 123 123 85 76.58 730.491
80.01 -- 90.00 16 7.75 2,647,725.72 7.093 0 203 208 148 148 61 84.46 724.453
90.01 -- 100.00 5 1.71 585,829.44 7.34 0 161 220 146 146 74 83.6 743.557
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 0.000
Non Zero Wt. Average: 65.028
Maximum: 99.963
25. LTV (@ORIGINATION - CALCULATED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LTV (@ORIGINATION - CALCULATED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0.00 1 0.6 204,011.83 7.375 0 180 180 68 68 112 0 706
20.01 -- 30.00 2 1.26 430,080.29 7.138 0 180 180 102 102 78 26.51 643
30.01 -- 40.00 6 3.37 1,150,684.22 7.213 0 204 204 112 112 92 35.97 748.824
40.01 -- 50.00 12 5.61 1,917,686.74 7.196 0 213 213 102 102 111 48.05 695.727
50.01 -- 60.00 17 8.04 2,747,612.74 7.107 0 220 220 127 127 92 55.35 750.922
60.01 -- 70.00 39 20.54 7,020,010.29 7.014 1 216 217 132 132 85 66.4 729.777
70.01 -- 80.00 96 52.32 17,882,728.45 7.024 0 203 206 121 121 85 76.69 732.228
80.01 -- 90.00 15 6.83 2,335,353.74 7.133 0 202 208 159 159 49 85.93 716.661
90.01 -- 100.00 3 1.44 493,502.73 7.371 0 158 228 136 136 92 92.76 681.494
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 22.194
Non Zero Wt. Average: 70.075
Maximum: 97.557
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
26. CURRENT LTV (CALCULATED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
CURRENT LTV (CALCULATED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0.000 1 0.6 204,011.83 7.375 0 180 180 68 68 112 0 706
0.001 - 10.000 10 1.71 583,091.79 7.191 0 194 194 115 115 80 58.24 747.585
10.001 - 20.000 23 8.05 2,752,045.37 6.911 0 212 212 126 126 86 61.38 735.545
20.001 - 30.000 31 15.43 5,272,562.93 7.168 0 211 211 117 117 94 54.93 727.301
30.001 - 40.000 55 30.38 10,384,273.79 6.992 0 202 202 108 108 94 70.11 730.788
40.001 - 50.000 36 21.31 7,283,224.20 7.06 0 218 219 134 134 85 75.83 732.532
50.001 - 60.000 24 15.36 5,250,652.77 7.026 1 206 209 135 135 75 78.59 724.334
60.001 - 70.000 10 6.89 2,355,631.22 7.24 0 186 211 161 161 49 78.98 724.943
80.001 - 90.000 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 3.262
Non Zero Wt. Average: 38.715
Maximum: 87.038
27. LIEN POSITION (RE-MAPPPED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LIEN POSITION (RE-MAPPPED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
1 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
28. LOAN AGE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
LOAN AGE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0 5 2.28 777,654.09 7.79 0 187 187 239 239 -53 83.12 707.357
1 -- 60 50 26.52 9,064,301.81 6.944 0 196 196 145 145 51 68.45 731.461
61 -- 120 122 64.99 22,213,050.45 7.047 1 202 207 109 109 98 70.73 727.321
121 -- 180 11 5.54 1,893,258.63 7.406 0 299 299 162 162 137 66.74 749.647
181 -- 240 2 0.12 41,474.53 10.152 0 0 324 123 123 200 79.04 714.435
241 -- 300 1 0.56 191,931.52 7.125 0 360 360 74 74 286 50 716
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: *******
Wt. Average: 85.176
Maximum: 286.000
29. REMAINING TERM
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
REMAINING TERM COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
1 -- 60 1 0.41 139,523.92 6 30 180 180 60 60 120 70 507
61 -- 120 106 54.8 18,732,348.86 7.018 0 182 183 82 82 101 69.8 726.978
121 -- 180 52 28.06 9,592,019.28 6.947 0 191 192 131 131 62 68.93 737.377
181 -- 240 11 5.68 1,940,698.42 7.456 0 273 303 220 220 83 74.24 718.071
241 -- 300 15 8.55 2,923,612.86 7.427 0 329 341 263 263 78 73.51 729.753
301 -- 360 6 2.5 853,467.69 7.294 0 345 345 314 314 32 67.63 742.606
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 60.000
Wt. Average: 124.490
Maximum: 322.000
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
30. REMAINING TERM (CALCULATED)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
REMAINING TERM (CALCULATED) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
1 -- 60 1 0.41 139,523.92 6 30 180 180 60 60 120 70 507
61 -- 120 106 54.8 18,732,348.86 7.018 0 182 183 82 82 101 69.8 726.978
121 -- 180 52 28.06 9,592,019.28 6.947 0 191 192 131 131 62 68.93 737.377
181 -- 240 11 5.68 1,940,698.42 7.456 0 273 303 220 220 83 74.24 718.071
241 -- 300 15 8.55 2,923,612.86 7.427 0 329 341 263 263 78 73.51 729.753
301 -- 360 6 2.5 853,467.69 7.294 0 345 345 314 314 32 67.63 742.606
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 60.000
Wt. Average: 124.490
Maximum: 322.000
31. P & I PAYMENTS
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
P & I PAYMENTS COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
0.01 - 500.00 3 0.22 76,006.83 8.72 0 82 258 124 124 134 79.36 752.856
500.01 - 1,000.00 4 1.26 432,386.40 7.682 0 220 318 248 248 70 73.78 689.272
1,000.01 - 1,500.00 5 2.24 766,843.75 6.89 0 253 330 215 215 115 70.66 733.132
1,500.01 - 2,000.00 13 6.47 2,210,418.32 7.105 0 288 288 210 210 78 70.2 732.641
2,000.01 - 2,500.00 21 11.55 3,949,344.59 7.119 0 285 285 210 210 75 73.77 737.858
2,500.01 - 3,000.00 60 32.78 11,206,204.16 6.983 0 190 190 111 111 80 67.95 725.32
3,000.01 - 3,500.00 40 21.19 7,242,284.95 7.005 1 184 184 92 92 92 70.48 734.748
3,500.01 - 4,000.00 30 17.09 5,841,870.45 7.122 0 179 179 85 85 94 70.1 722.613
4,000.01 - 4,500.00 7 3.76 1,285,128.79 7.157 0 211 211 130 130 81 74.69 742.847
4,500.01 - 5,000.00 3 1.28 437,395.31 7.128 0 180 180 114 114 66 71.81 754.82
5,000.01 - 5,500.00 1 0.55 189,312.16 7.125 0 180 180 128 128 52 50 715
5,500.01 - 6,000.00 2 0.69 237,295.73 6.961 0 176 176 84 84 92 74.56 718.895
7,000.01 - 7,500.00 1 0.57 193,285.75 7.625 0 180 180 63 63 117 71.43 624
9,000.01 - 9,500.00 1 0.33 113,893.84 7.75 0 180 180 65 65 115 59.75 783
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 254.84
Average: 2,976.13
Maximum: 9,139.79
32. SERVICER NAME
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
SERVICER NAME COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
ALLIANCE MORTGAGE COMPANY 186 98.96 33,827,408.84 7.048 0 208 208 124 124 85 69.92 730.269
GMAC MORTGAGE CORPORATION 5 1.04 354,262.19 8.276 0 0 323 211 211 112 84.71 621.207
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
33. HIGH NET WORTH
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
HIGH NET WORTH COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
F 181 95.09 32,502,348.17 7.065 0 207 210 123 123 87 70.58 728.423
T 10 4.91 1,679,322.86 6.98 0 194 194 154 154 40 60.41 742.785
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
34. RELOCATION
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
RELOCATION COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
F 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
35. FILE SOURCE
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
FILE SOURCE COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
GMAC 5 1.04 354,262.19 8.276 0 0 323 211 211 112 84.71 621.207
JUMBO 186 98.96 33,827,408.84 7.048 0 208 208 124 124 85 69.92 730.269
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
36. CURRENT DELINQUENT
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
CURRENT DELINQUENT COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
not DQ 189 98.91 33,809,038.71 7.062 0 207 210 125 125 85 70.01 730.693
1 pmt 2 1.09 372,632.32 6.938 30 180 180 87 87 93 75.67 588.324
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
37. DOCUMENTATION
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
DOCUMENTATION COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
FULL 121 64.01 21,879,262.27 7.112 1 208 213 128 128 85 69.94 735.056
ALTERNATE 13 6.25 2,135,444.38 7.175 0 209 212 133 133 79 72.5 712.188
ASSETS VERIFIED/NO INCOME 17 8.03 2,746,342.56 6.891 0 184 184 108 108 75 68.43 719.729
NO INCOME/NO ASSETS 17 8.89 3,039,415.43 6.968 0 187 187 99 99 88 69.43 708.966
MISSING 23 12.82 4,381,206.39 6.918 0 225 225 131 131 94 70.99 727.944
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
38. PROPERTY TYPE (FILE)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PROPERTY TYPE (FILE) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
HI-RISE CONDO 3 1.95 666,369.00 7.275 0 180 180 100 100 80 69.95 707.519
LOW-RISE CONDO 6 3.11 1,061,740.76 7.483 0 246 246 161 161 85 73.29 738.862
LAND 2 0.61 209,359.69 7.031 0 272 272 190 190 82 68.49 770.684
MULTI FAMILY (5+ Units) 1 0.47 161,159.41 7.125 0 219 219 112 112 107 90.27 785
SINGLE FAMILY 179 93.86 32,083,042.17 7.042 0 205 209 123 123 85 69.88 728.705
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.
39. PURPOSE (FILE)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
PURPOSE (FILE) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
PURCHASE 75 39.23 13,409,518.32 7.145 0 216 223 140 140 82 73.94 730.923
REFINANCE 75 38.35 13,109,229.59 6.945 1 201 203 115 115 87 67.48 735.459
CASHOUT REFINANCE 32 17.43 5,958,965.44 7.165 0 201 201 116 116 85 67.33 712.99
CONSTRUCTION/PERM 7 3.92 1,339,819.44 6.896 0 197 197 111 111 86 67.37 713.223
HOME IMPROVEMENT 1 0.64 219,495.75 7.125 0 180 180 80 80 100 77.21 755
DEBT CONSOLIDATION 1 0.42 144,642.49 6.875 0 180 180 66 66 114 70.3 771
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
40. OCCUPANCY (FILE)
CALC FICO
CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
OCCUPANCY (FILE) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
OWNER OCCUPIED 179 94.36 32,252,548.87 7.047 0 207 210 125 125 85 70.45 729.188
SECOND HOME 11 5.58 1,907,489.67 7.244 0 201 201 115 115 86 63.77 728.382
INVESTMENT 1 0.06 21,632.49 10.75 0 0 350 162 162 188 70 713
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
41. CURRENT LTV (CALCULATED FROM NEW APPRAISALS)
CALC FICO
CURRENT LTV (CALCULATED FROM NEW CURRENT DAYS AMORT ORIG REMAINING REM CALC (NON
APPRAISALS) COUNT % BALANCE WAC DELQ TERM TERM TERM TERM SEASON LTV ZERO)
- -------------------------------- ----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
<= 0.000 1 0.6 204,011.83 7.375 0 180 180 68 68 112 0 706
0.001 - 10.000 11 1.87 637,786.94 7.153 0 193 193 111 111 82 60.46 742.476
10.001 - 20.000 22 7.89 2,697,350.22 6.914 0 212 212 127 127 86 60.92 736.58
20.001 - 30.000 31 15.43 5,272,562.93 7.168 0 211 211 117 117 94 54.93 727.301
30.001 - 40.000 56 30.85 10,544,737.56 6.989 0 202 202 108 108 94 70.26 730.821
40.001 - 50.000 35 20.84 7,122,760.43 7.067 0 219 220 135 135 85 75.74 732.521
50.001 - 60.000 24 15.36 5,250,652.77 7.026 1 206 209 135 135 75 78.59 724.334
60.001 - 70.000 10 6.89 2,355,631.22 7.24 0 186 211 161 161 49 78.98 724.943
80.001 - 90.000 1 0.28 96,177.13 9 0 0 360 262 262 98 97.56 524
----- ----- ------------- ----- ---- ----- ---- --------- ---- ------ ----- -------
TOTAL: 191 100 34,181,671.03 7.061 0 206 210 124 124 85 70.08 729.132
===== ===== ============= ===== ==== ===== ==== ========= ==== ====== ===== =======
Minimum: 3.262
Non Zero Wt. Average: 38.715
Maximum: 87.038
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT WACHOVIA SECURITIES IMMEDIATELY.