UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 25, 2005
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2005-6 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-26
Pooling and Servicing Agreement) (Commission 54-2176713
(State or other File Number) 54-2176714
jurisdiction 54-2176715
of Incorporation) IRS EIN
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On July 25, 2005 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-6
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2005-6 Trust, relating to the
July 25, 2005 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2005-6 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 7/26/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-6 Trust,
relating to the July 25, 2005 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 6/30/2005
Distribution Date: 7/25/2005
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Series 2005-6
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest
Class CUSIP Description Rate Balance Distribution
<s> <c> <c> <c> <c> <c>
1CB1 05948KC98 SEN 5.50000% 17,658,000.00 80,932.50
1CB2 05948KD22 SEN 5.00000% 119,304,000.00 497,100.00
1CB3IO 05948KD30 SEN 4.02000% 0.00 99,917.10
1CB4 05948KD48 SEN 3.42000% 28,558,000.00 81,390.30
1CB5 05948KD55 SEN 3.42000% 1,268,000.00 3,613.80
1CB6IO 05948KD63 SEN 0.06000% 0.00 1,491.30
1CB7 05948KD71 SEN 5.25000% 8,382,000.00 36,671.25
1CB8IO 05948KD89 SEN 5.50000% 0.00 1,746.25
1CB9 05948KD97 SEN 5.50000% 2,023,000.00 9,272.08
1CB10 05948KE22 SEN 5.50000% 1,000,000.00 4,583.33
1CBR 05948KE39 SEN 5.50000% 100.00 0.81
2CB1 05948KE54 SEN 6.00000% 89,780,000.00 448,900.00
2CB2 05948KE62 SEN 6.00000% 38,400,000.00 192,000.00
2CB3 05948KE70 SEN 6.00000% 1,704,000.00 8,520.00
3CB1 05948KE88 SEN 6.00000% 93,431,000.00 467,155.00
4CB1 05948KE96 SEN 6.50000% 15,240,000.00 82,550.00
5A1 05948KF20 SEN 5.50000% 17,971,000.00 82,367.08
5A2 05948KF38 SEN 5.50000% 146,259,000.00 670,353.75
5A3 05948KF46 SEN 5.50000% 5,347,000.00 24,507.08
5A4 05948KF53 SEN 5.50000% 5,347,000.00 24,507.08
5A5 05948KF61 SEN 5.50000% 5,362,000.00 24,575.83
5A6 05948KF79 SEN 5.50000% 1,000,000.00 4,583.33
5IO 05948KF87 SEN 5.50000% 0.00 49,230.84
6A1 05948KF95 SEN 5.00000% 23,684,000.00 98,683.33
7A1 05948KG29 SEN 5.50000% 63,709,000.00 291,999.58
15IO 05948KG37 SEN 5.50000% 0.00 16,266.00
CBIO 05948KE47 SEN 5.50000% 0.00 63,715.42
APO 05948KG45 PO 0.00000% 1,307,864.00 0.00
B1 05948KG52 SUB 5.66798% 13,273,000.00 62,692.56
B2 05948KG60 SUB 5.66798% 5,738,000.00 27,102.38
B3 05948KG78 SUB 5.66798% 4,303,000.00 20,324.43
B4 05948KG86 SUB 5.66798% 2,869,000.00 13,551.19
B5 05948KG94 SUB 5.66798% 1,435,000.00 6,777.96
B6 05948KH28 SUB 5.66798% 2,868,916.00 13,550.79
RL BAA0505RL SEN 0.00000% 0.00 0.00
RM BAA0505RM SEN 0.00000% 0.00 0.00
Totals 717,221,880.00 3,510,632.35
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1CB1 0.00 0.00 17,658,000.00 80,932.50 0.00
1CB2 299,948.13 0.00 119,004,051.87 797,048.13 0.00
1CB3IO 0.00 0.00 0.00 99,917.10 0.00
1CB4 71,799.09 0.00 28,486,200.91 153,189.39 0.00
1CB5 3,187.94 0.00 1,264,812.06 6,801.74 0.00
1CB6IO 0.00 0.00 0.00 1,491.30 0.00
1CB7 0.00 0.00 8,382,000.00 36,671.25 0.00
1CB8IO 0.00 0.00 0.00 1,746.25 0.00
1CB9 0.00 0.00 2,023,000.00 9,272.08 0.00
1CB10 0.00 0.00 1,000,000.00 4,583.33 0.00
1CBR 100.00 0.00 0.00 100.81 0.00
2CB1 1,206,490.65 0.00 88,573,509.35 1,655,390.65 0.00
2CB2 516,030.75 0.00 37,883,969.25 708,030.75 0.00
2CB3 22,898.86 0.00 1,681,101.14 31,418.86 0.00
3CB1 507,246.53 0.00 92,923,753.47 974,401.53 0.00
4CB1 96,059.65 0.00 15,143,940.35 178,609.65 0.00
5A1 0.00 0.00 17,971,000.00 82,367.08 0.00
5A2 1,557,656.91 0.00 144,701,343.09 2,228,010.66 0.00
5A3 0.00 0.00 5,347,000.00 24,507.08 0.00
5A4 0.00 0.00 5,347,000.00 24,507.08 0.00
5A5 0.00 0.00 5,362,000.00 24,575.83 0.00
5A6 0.00 0.00 1,000,000.00 4,583.33 0.00
5IO 0.00 0.00 0.00 49,230.84 0.00
6A1 389,247.07 0.00 23,294,752.93 487,930.40 0.00
7A1 797,917.21 0.00 62,911,082.79 1,089,916.79 0.00
15IO 0.00 0.00 0.00 16,266.00 0.00
CBIO 0.00 0.00 0.00 63,715.42 0.00
APO 2,362.67 0.00 1,305,501.33 2,362.67 0.00
B1 17,375.85 0.00 13,255,624.15 80,068.41 0.00
B2 7,511.69 0.00 5,730,488.31 34,614.07 0.00
B3 5,633.11 0.00 4,297,366.89 25,957.54 0.00
B4 3,755.84 0.00 2,865,244.16 17,307.03 0.00
B5 1,878.58 0.00 1,433,121.42 8,656.54 0.00
B6 3,755.73 0.00 2,865,160.27 17,306.52 0.00
RL 0.00 0.00 0.00 0.00 0.00
RM 0.00 0.00 0.00 0.00 0.00
Totals 5,510,856.26 0.00 711,711,023.74 9,021,488.61 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
This report has been compiled from information provided to Wells Fargo Bank, N.A. by various
third parties, which may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received
from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly
disclaims any responsibility for the accuracy or completeness of information furnished by
third parties.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1CB1 17,658,000.00 17,658,000.00 0.00 0.00 0.00 0.00
1CB2 119,304,000.00 119,304,000.00 145,910.87 154,037.25 0.00 0.00
1CB3IO 0.00 0.00 0.00 0.00 0.00 0.00
1CB4 28,558,000.00 28,558,000.00 34,926.93 36,872.16 0.00 0.00
1CB5 1,268,000.00 1,268,000.00 1,550.79 1,637.16 0.00 0.00
1CB6IO 0.00 0.00 0.00 0.00 0.00 0.00
1CB7 8,382,000.00 8,382,000.00 0.00 0.00 0.00 0.00
1CB8IO 0.00 0.00 0.00 0.00 0.00 0.00
1CB9 2,023,000.00 2,023,000.00 0.00 0.00 0.00 0.00
1CB10 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00
1CBR 100.00 100.00 48.65 51.35 0.00 0.00
2CB1 89,780,000.00 89,780,000.00 82,918.02 1,123,572.63 0.00 0.00
2CB2 38,400,000.00 38,400,000.00 35,465.05 480,565.70 0.00 0.00
2CB3 1,704,000.00 1,704,000.00 1,573.76 21,325.10 0.00 0.00
3CB1 93,431,000.00 93,431,000.00 88,887.68 418,358.84 0.00 0.00
4CB1 15,240,000.00 15,240,000.00 13,556.97 82,502.68 0.00 0.00
5A1 17,971,000.00 17,971,000.00 0.00 0.00 0.00 0.00
5A2 146,259,000.00 146,259,000.00 182,331.92 1,375,324.99 0.00 0.00
5A3 5,347,000.00 5,347,000.00 0.00 0.00 0.00 0.00
5A4 5,347,000.00 5,347,000.00 0.00 0.00 0.00 0.00
5A5 5,362,000.00 5,362,000.00 0.00 0.00 0.00 0.00
5A6 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00
5IO 0.00 0.00 0.00 0.00 0.00 0.00
6A1 23,684,000.00 23,684,000.00 87,154.36 302,092.71 0.00 0.00
7A1 63,709,000.00 63,709,000.00 223,039.24 574,877.97 0.00 0.00
15IO 0.00 0.00 0.00 0.00 0.00 0.00
CBIO 0.00 0.00 0.00 0.00 0.00 0.00
APO 1,307,864.00 1,307,864.00 1,794.18 568.49 0.00 0.00
B1 13,273,000.00 13,273,000.00 17,375.85 0.00 0.00 0.00
B2 5,738,000.00 5,738,000.00 7,511.69 0.00 0.00 0.00
B3 4,303,000.00 4,303,000.00 5,633.11 0.00 0.00 0.00
B4 2,869,000.00 2,869,000.00 3,755.84 0.00 0.00 0.00
B5 1,435,000.00 1,435,000.00 1,878.58 0.00 0.00 0.00
B6 2,868,916.00 2,868,916.00 3,755.73 0.00 0.00 0.00
RL 0.00 0.00 0.00 0.00 0.00 0.00
RM 0.00 0.00 0.00 0.00 0.00 0.00
Totals 717,221,880.00 717,221,880.00 939,069.22 4,571,787.03 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1CB1 0.00 17,658,000.00 1.00000000 0.00
1CB2 299,948.13 119,004,051.87 0.99748585 299,948.13
1CB3IO 0.00 0.00 0.00000000 0.00
1CB4 71,799.09 28,486,200.91 0.99748585 71,799.09
1CB5 3,187.94 1,264,812.06 0.99748585 3,187.94
1CB6IO 0.00 0.00 0.00000000 0.00
1CB7 0.00 8,382,000.00 1.00000000 0.00
1CB8IO 0.00 0.00 0.00000000 0.00
1CB9 0.00 2,023,000.00 1.00000000 0.00
1CB10 0.00 1,000,000.00 1.00000000 0.00
1CBR 100.00 0.00 0.00000000 100.00
2CB1 1,206,490.65 88,573,509.35 0.98656170 1,206,490.65
2CB2 516,030.75 37,883,969.25 0.98656170 516,030.75
2CB3 22,898.86 1,681,101.14 0.98656170 22,898.86
3CB1 507,246.53 92,923,753.47 0.99457090 507,246.53
4CB1 96,059.65 15,143,940.35 0.99369687 96,059.65
5A1 0.00 17,971,000.00 1.00000000 0.00
5A2 1,557,656.91 144,701,343.09 0.98935001 1,557,656.91
5A3 0.00 5,347,000.00 1.00000000 0.00
5A4 0.00 5,347,000.00 1.00000000 0.00
5A5 0.00 5,362,000.00 1.00000000 0.00
5A6 0.00 1,000,000.00 1.00000000 0.00
5IO 0.00 0.00 0.00000000 0.00
6A1 389,247.07 23,294,752.93 0.98356498 389,247.07
7A1 797,917.21 62,911,082.79 0.98747560 797,917.21
15IO 0.00 0.00 0.00000000 0.00
CBIO 0.00 0.00 0.00000000 0.00
APO 2,362.67 1,305,501.33 0.99819349 2,362.67
B1 17,375.85 13,255,624.15 0.99869089 17,375.85
B2 7,511.69 5,730,488.31 0.99869089 7,511.69
B3 5,633.11 4,297,366.89 0.99869089 5,633.11
B4 3,755.84 2,865,244.16 0.99869089 3,755.84
B5 1,878.58 1,433,121.42 0.99869089 1,878.58
B6 3,755.73 2,865,160.27 0.99869089 3,755.73
RL 0.00 0.00 0.00000000 0.00
RM 0.00 0.00 0.00000000 0.00
Totals 5,510,856.26 711,711,023.74 0.99231639 5,510,856.26
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1CB1 17,658,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1CB2 119,304,000.00 1000.00000000 1.22301742 1.29113232 0.00000000
1CB3IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1CB4 28,558,000.00 1000.00000000 1.22301737 1.29113243 0.00000000
1CB5 1,268,000.00 1000.00000000 1.22302050 1.29113565 0.00000000
1CB6IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1CB7 8,382,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1CB8IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1CB9 2,023,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1CB10 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1CBR 100.00 1000.00000000 486.50000000 513.50000000 0.00000000
2CB1 89,780,000.00 1000.00000000 0.92356895 12.51473190 0.00000000
2CB2 38,400,000.00 1000.00000000 0.92356901 12.51473177 0.00000000
2CB3 1,704,000.00 1000.00000000 0.92356808 12.51473005 0.00000000
3CB1 93,431,000.00 1000.00000000 0.95137246 4.47773052 0.00000000
4CB1 15,240,000.00 1000.00000000 0.88956496 5.41356168 0.00000000
5A1 17,971,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
5A2 146,259,000.00 1000.00000000 1.24663727 9.40335289 0.00000000
5A3 5,347,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
5A4 5,347,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
5A5 5,362,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
5A6 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
5IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
6A1 23,684,000.00 1000.00000000 3.67988347 12.75513891 0.00000000
7A1 63,709,000.00 1000.00000000 3.50090631 9.02349699 0.00000000
15IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
CBIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
APO 1,307,864.00 1000.00000000 1.37183989 0.43467058 0.00000000
B1 13,273,000.00 1000.00000000 1.30911248 0.00000000 0.00000000
B2 5,738,000.00 1000.00000000 1.30911293 0.00000000 0.00000000
B3 4,303,000.00 1000.00000000 1.30911225 0.00000000 0.00000000
B4 2,869,000.00 1000.00000000 1.30911119 0.00000000 0.00000000
B5 1,435,000.00 1000.00000000 1.30911498 0.00000000 0.00000000
B6 2,868,916.00 1000.00000000 1.30911118 0.00000000 0.00000000
RL 0.00 0.00000000 0.00000000 0.00000000 0.00000000
RM 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All classes are per 1,000 dollar denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1CB1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1CB2 0.00000000 2.51414982 997.48585018 0.99748585 2.51414982
1CB3IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1CB4 0.00000000 2.51414980 997.48585020 0.99748585 2.51414980
1CB5 0.00000000 2.51414826 997.48585174 0.99748585 2.51414826
1CB6IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1CB7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1CB8IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1CB9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1CB10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1CBR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
2CB1 0.00000000 13.43830085 986.56169915 0.98656170 13.43830085
2CB2 0.00000000 13.43830078 986.56169922 0.98656170 13.43830078
2CB3 0.00000000 13.43829812 986.56170188 0.98656170 13.43829812
3CB1 0.00000000 5.42910308 994.57089692 0.99457090 5.42910308
4CB1 0.00000000 6.30312664 993.69687336 0.99369687 6.30312664
5A1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
5A2 0.00000000 10.64999015 989.35000985 0.98935001 10.64999015
5A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
5A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
5A5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
5A6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
5IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
6A1 0.00000000 16.43502238 983.56497762 0.98356498 16.43502238
7A1 0.00000000 12.52440330 987.47559670 0.98747560 12.52440330
15IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CBIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
APO 0.00000000 1.80651046 998.19348954 0.99819349 1.80651046
B1 0.00000000 1.30911248 998.69088752 0.99869089 1.30911248
B2 0.00000000 1.30911293 998.69088707 0.99869089 1.30911293
B3 0.00000000 1.30911225 998.69088775 0.99869089 1.30911225
B4 0.00000000 1.30911119 998.69088881 0.99869089 1.30911119
B5 0.00000000 1.30911498 998.69088502 0.99869089 1.30911498
B6 0.00000000 1.30911118 998.69088882 0.99869089 1.30911118
RL 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
RM 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1CB1 17,658,000.00 5.50000% 17,658,000.00 80,932.50 0.00 0.00
1CB2 119,304,000.00 5.00000% 119,304,000.00 497,100.00 0.00 0.00
1CB3IO 0.00 4.02000% 29,826,000.00 99,917.10 0.00 0.00
1CB4 28,558,000.00 3.42000% 28,558,000.00 81,390.30 0.00 0.00
1CB5 1,268,000.00 3.42000% 1,268,000.00 3,613.80 0.00 0.00
1CB6IO 0.00 0.06000% 29,826,000.00 1,491.30 0.00 0.00
1CB7 8,382,000.00 5.25000% 8,382,000.00 36,671.25 0.00 0.00
1CB8IO 0.00 5.50000% 381,000.00 1,746.25 0.00 0.00
1CB9 2,023,000.00 5.50000% 2,023,000.00 9,272.08 0.00 0.00
1CB10 1,000,000.00 5.50000% 1,000,000.00 4,583.33 0.00 0.00
1CBR 100.00 5.50000% 100.00 0.46 0.00 0.00
2CB1 89,780,000.00 6.00000% 89,780,000.00 448,900.00 0.00 0.00
2CB2 38,400,000.00 6.00000% 38,400,000.00 192,000.00 0.00 0.00
2CB3 1,704,000.00 6.00000% 1,704,000.00 8,520.00 0.00 0.00
3CB1 93,431,000.00 6.00000% 93,431,000.00 467,155.00 0.00 0.00
4CB1 15,240,000.00 6.50000% 15,240,000.00 82,550.00 0.00 0.00
5A1 17,971,000.00 5.50000% 17,971,000.00 82,367.08 0.00 0.00
5A2 146,259,000.00 5.50000% 146,259,000.00 670,353.75 0.00 0.00
5A3 5,347,000.00 5.50000% 5,347,000.00 24,507.08 0.00 0.00
5A4 5,347,000.00 5.50000% 5,347,000.00 24,507.08 0.00 0.00
5A5 5,362,000.00 5.50000% 5,362,000.00 24,575.83 0.00 0.00
5A6 1,000,000.00 5.50000% 1,000,000.00 4,583.33 0.00 0.00
5IO 0.00 5.50000% 10,741,273.54 49,230.84 0.00 0.00
6A1 23,684,000.00 5.00000% 23,684,000.00 98,683.33 0.00 0.00
7A1 63,709,000.00 5.50000% 63,709,000.00 291,999.58 0.00 0.00
15IO 0.00 5.50000% 3,548,944.38 16,266.00 0.00 0.00
CBIO 0.00 5.50000% 13,901,546.36 63,715.42 0.00 0.00
APO 1,307,864.00 0.00000% 1,307,864.00 0.00 0.00 0.00
B1 13,273,000.00 5.66798% 13,273,000.00 62,692.56 0.00 0.00
B2 5,738,000.00 5.66798% 5,738,000.00 27,102.38 0.00 0.00
B3 4,303,000.00 5.66798% 4,303,000.00 20,324.43 0.00 0.00
B4 2,869,000.00 5.66798% 2,869,000.00 13,551.19 0.00 0.00
B5 1,435,000.00 5.66798% 1,435,000.00 6,777.96 0.00 0.00
B6 2,868,916.00 5.66798% 2,868,916.00 13,550.79 0.00 0.00
RL 0.00 0.00000% 0.00 0.00 0.00 0.00
RM 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 717,221,880.00 3,510,632.00 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1CB1 0.00 0.00 80,932.50 0.00 17,658,000.00
1CB2 0.00 0.00 497,100.00 0.00 119,004,051.87
1CB3IO 0.00 0.00 99,917.10 0.00 29,751,012.97
1CB4 0.00 0.00 81,390.30 0.00 28,486,200.91
1CB5 0.00 0.00 3,613.80 0.00 1,264,812.06
1CB6IO 0.00 0.00 1,491.30 0.00 29,751,012.97
1CB7 0.00 0.00 36,671.25 0.00 8,382,000.00
1CB8IO 0.00 0.00 1,746.25 0.00 381,000.00
1CB9 0.00 0.00 9,272.08 0.00 2,023,000.00
1CB10 0.00 0.00 4,583.33 0.00 1,000,000.00
1CBR 0.00 0.00 0.81 0.00 0.00
2CB1 0.00 0.00 448,900.00 0.00 88,573,509.35
2CB2 0.00 0.00 192,000.00 0.00 37,883,969.25
2CB3 0.00 0.00 8,520.00 0.00 1,681,101.14
3CB1 0.00 0.00 467,155.00 0.00 92,923,753.47
4CB1 0.00 0.00 82,550.00 0.00 15,143,940.35
5A1 0.00 0.00 82,367.08 0.00 17,971,000.00
5A2 0.00 0.00 670,353.75 0.00 144,701,343.09
5A3 0.00 0.00 24,507.08 0.00 5,347,000.00
5A4 0.00 0.00 24,507.08 0.00 5,347,000.00
5A5 0.00 0.00 24,575.83 0.00 5,362,000.00
5A6 0.00 0.00 4,583.33 0.00 1,000,000.00
5IO 0.00 0.00 49,230.84 0.00 10,643,537.65
6A1 0.00 0.00 98,683.33 0.00 23,294,752.93
7A1 0.00 0.00 291,999.58 0.00 62,911,082.79
15IO 0.00 0.00 16,266.00 0.00 3,491,282.34
CBIO 0.00 0.00 63,715.42 0.00 13,786,501.35
APO 0.00 0.00 0.00 0.00 1,305,501.33
B1 0.00 0.00 62,692.56 0.00 13,255,624.15
B2 0.00 0.00 27,102.38 0.00 5,730,488.31
B3 0.00 0.00 20,324.43 0.00 4,297,366.89
B4 0.00 0.00 13,551.19 0.00 2,865,244.16
B5 0.00 0.00 6,777.96 0.00 1,433,121.42
B6 0.00 0.00 13,550.79 0.00 2,865,160.27
RL 0.00 0.00 0.00 0.00 0.00
RM 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 3,510,632.35 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1CB1 17,658,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1CB2 119,304,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
1CB3IO 0.00 4.02000% 1000.00000000 3.35000000 0.00000000 0.00000000
1CB4 28,558,000.00 3.42000% 1000.00000000 2.85000000 0.00000000 0.00000000
1CB5 1,268,000.00 3.42000% 1000.00000000 2.85000000 0.00000000 0.00000000
1CB6IO 0.00 0.06000% 1000.00000000 0.05000000 0.00000000 0.00000000
1CB7 8,382,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1CB8IO 0.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1CB9 2,023,000.00 5.50000% 1000.00000000 4.58333169 0.00000000 0.00000000
1CB10 1,000,000.00 5.50000% 1000.00000000 4.58333000 0.00000000 0.00000000
1CBR 100.00 5.50000% 1000.00000000 4.60000000 0.00000000 0.00000000
2CB1 89,780,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
2CB2 38,400,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
2CB3 1,704,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
3CB1 93,431,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
4CB1 15,240,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000
5A1 17,971,000.00 5.50000% 1000.00000000 4.58333315 0.00000000 0.00000000
5A2 146,259,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
5A3 5,347,000.00 5.50000% 1000.00000000 4.58333271 0.00000000 0.00000000
5A4 5,347,000.00 5.50000% 1000.00000000 4.58333271 0.00000000 0.00000000
5A5 5,362,000.00 5.50000% 1000.00000000 4.58333271 0.00000000 0.00000000
5A6 1,000,000.00 5.50000% 1000.00000000 4.58333000 0.00000000 0.00000000
5IO 0.00 5.50000% 1000.00005027 4.58333384 0.00000000 0.00000000
6A1 23,684,000.00 5.00000% 1000.00000000 4.16666653 0.00000000 0.00000000
7A1 63,709,000.00 5.50000% 1000.00000000 4.58333328 0.00000000 0.00000000
15IO 0.00 5.50000% 1000.00010707 4.58333521 0.00000000 0.00000000
CBIO 0.00 5.50000% 1000.00002590 4.58333339 0.00000000 0.00000000
APO 1,307,864.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
B1 13,273,000.00 5.66798% 1000.00000000 4.72331500 0.00000000 0.00000000
B2 5,738,000.00 5.66798% 1000.00000000 4.72331474 0.00000000 0.00000000
B3 4,303,000.00 5.66798% 1000.00000000 4.72331629 0.00000000 0.00000000
B4 2,869,000.00 5.66798% 1000.00000000 4.72331474 0.00000000 0.00000000
B5 1,435,000.00 5.66798% 1000.00000000 4.72331707 0.00000000 0.00000000
B6 2,868,916.00 5.66798% 1000.00000000 4.72331361 0.00000000 0.00000000
RL 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
RM 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All classes are per 1,000 dollar denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1CB1 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1CB2 0.00000000 0.00000000 4.16666667 0.00000000 997.48585018
1CB3IO 0.00000000 0.00000000 3.35000000 0.00000000 997.48585026
1CB4 0.00000000 0.00000000 2.85000000 0.00000000 997.48585020
1CB5 0.00000000 0.00000000 2.85000000 0.00000000 997.48585174
1CB6IO 0.00000000 0.00000000 0.05000000 0.00000000 997.48585026
1CB7 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000
1CB8IO 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1CB9 0.00000000 0.00000000 4.58333169 0.00000000 1000.00000000
1CB10 0.00000000 0.00000000 4.58333000 0.00000000 1000.00000000
1CBR 0.00000000 0.00000000 8.10000000 0.00000000 0.00000000
2CB1 0.00000000 0.00000000 5.00000000 0.00000000 986.56169915
2CB2 0.00000000 0.00000000 5.00000000 0.00000000 986.56169922
2CB3 0.00000000 0.00000000 5.00000000 0.00000000 986.56170188
3CB1 0.00000000 0.00000000 5.00000000 0.00000000 994.57089692
4CB1 0.00000000 0.00000000 5.41666667 0.00000000 993.69687336
5A1 0.00000000 0.00000000 4.58333315 0.00000000 1000.00000000
5A2 0.00000000 0.00000000 4.58333333 0.00000000 989.35000985
5A3 0.00000000 0.00000000 4.58333271 0.00000000 1000.00000000
5A4 0.00000000 0.00000000 4.58333271 0.00000000 1000.00000000
5A5 0.00000000 0.00000000 4.58333271 0.00000000 1000.00000000
5A6 0.00000000 0.00000000 4.58333000 0.00000000 1000.00000000
5IO 0.00000000 0.00000000 4.58333384 0.00000000 990.90095280
6A1 0.00000000 0.00000000 4.16666653 0.00000000 983.56497762
7A1 0.00000000 0.00000000 4.58333328 0.00000000 987.47559670
15IO 0.00000000 0.00000000 4.58333521 0.00000000 983.75244580
CBIO 0.00000000 0.00000000 4.58333339 0.00000000 991.72432692
APO 0.00000000 0.00000000 0.00000000 0.00000000 998.19348954
B1 0.00000000 0.00000000 4.72331500 0.00000000 998.69088752
B2 0.00000000 0.00000000 4.72331474 0.00000000 998.69088707
B3 0.00000000 0.00000000 4.72331629 0.00000000 998.69088775
B4 0.00000000 0.00000000 4.72331474 0.00000000 998.69088881
B5 0.00000000 0.00000000 4.72331707 0.00000000 998.69088502
B6 0.00000000 0.00000000 4.72331361 0.00000000 998.69088882
RL 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
RM 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
1CBIO 5.50000% 0.00 7,001,950.00 0.00 0.00 99.83567347%
2CBIO 5.50000% 0.00 4,728,817.96 0.00 0.00 97.90391755%
3CBIO 5.50000% 0.00 1,993,251.24 0.00 0.00 99.88850981%
4CBIO 5.50000% 0.00 62,482.15 0.00 0.00 99.91548733%
6IO 5.50000% 0.00 875,318.50 0.00 0.00 97.81581335%
7IO 5.50000% 0.00 2,615,963.84 0.00 0.00 98.56386544%
1APO 0.00000% 0.00 0.00 452,555.00 451,959.79 99.86847786%
2APO 0.00000% 0.00 0.00 16,957.00 16,879.09 99.54054373%
3APO 0.00000% 0.00 0.00 20,598.00 20,408.34 99.07923099%
4APO 0.00000% 0.00 0.00 338,892.00 338,533.60 99.89424359%
5APO 0.00000% 0.00 0.00 358,460.00 357,784.00 99.81141550%
6APO 0.00000% 0.00 0.00 112,424.00 111,997.24 99.62040134%
7APO 0.00000% 0.00 0.00 7,978.00 7,939.26 99.51441464%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 9,172,404.06
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 9,172,404.06
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 150,915.45
Payment of Interest and Principal 9,021,488.61
Total Withdrawals (Pool Distribution Amount) 9,172,404.06
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 149,421.23
Wells Fargo Bank, N.A. 1,494.22
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 150,915.45
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
4 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
5 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
6 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
7 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
3 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
4 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
5 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
6 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
7 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Aug-04 0.000%
Original Principal Balance 0.00 Sep-04 0.000%
Current Principal Balance 0.00 Oct-04 0.000%
Nov-04 0.000%
Current Foreclosure Total Dec-04 0.000%
Loans in Foreclosure 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number FC Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure loans this period.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)
Current Paid Current Approximate
Loan Principal To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure loans this period.
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 6.126218%
Weighted Average Pass-Through Rate 5.873716%
Weighted Average Maturity(Stepdown Calculation) 1
Beginning Scheduled Collateral Loan Count 3,947
Number Of Loans Paid In Full 19
Ending Scheduled Collateral Loan Count 3,928
Beginning Scheduled Collateral Balance 717,221,880.00
Ending Scheduled Collateral Balance 711,711,024.42
Ending Actual Collateral Balance at 30-Jun-2005 712,429,246.94
Monthly P&I Constant 4,600,617.08
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 8,835,215.47
Class AP Deferred Amount (0.27)
Scheduled Principal 939,069.23
Unscheduled Principal 4,571,787.04
Miscellaneous Reporting
Senior % 95.741539%
Group Level Collateral Statement
Group 1 2 3
Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Fixed 15 & 30 Year
Weighted Average Coupon Rate 5.945907 6.447564 6.363686
Weighted Average Net Rate 5.695906 6.197562 6.113685
Weighted Average Maturity 358 358 359
Beginning Loan Count 1,109 898 615
Loans Paid In Full 1 8 1
Ending Loan Count 1,108 890 614
Beginning Scheduled Balance 186,575,882.10 135,667,586.74 97,600,196.14
Ending Scheduled Balance 186,192,132.63 133,916,762.68 97,088,813.09
Record Date 06/30/2005 06/30/2005 06/30/2005
Principal And Interest Constant 1,115,599.91 854,236.83 610,435.69
Scheduled Principal 191,130.87 125,299.00 92,854.87
Unscheduled Principal 192,618.60 1,625,525.06 418,528.18
Scheduled Interest 924,469.04 728,937.83 517,580.82
Servicing Fees 38,869.98 28,264.08 20,333.37
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 388.70 282.64 203.33
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread 1 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00
Net Interest 885,210.36 700,391.11 497,044.12
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000 0.0000
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 5.693405 6.195062 6.111186
Group Level Collateral Statement
Group 4 5 6
Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Fixed 15 & 30 Year
Weighted Average Coupon Rate 6.638253 6.053517 5.427914
Weighted Average Net Rate 6.388248 5.801017 5.177910
Weighted Average Maturity 358 358 178
Beginning Loan Count 280 316 168
Loans Paid In Full 1 3 2
Ending Loan Count 279 313 166
Beginning Scheduled Balance 16,270,896.22 189,708,040.84 24,853,384.61
Ending scheduled Balance 16,173,862.58 188,141,597.83 24,459,821.29
Record Date 06/30/2005 06/30/2005 06/30/2005
Principal And Interest Constant 104,488.66 1,147,863.91 203,888.15
Scheduled Principal 14,480.06 190,863.14 91,469.79
Unscheduled Principal 82,553.58 1,375,579.87 302,093.53
Scheduled Interest 90,008.60 957,000.77 112,418.36
Servicing Fees 3,389.77 39,522.51 5,177.79
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 33.90 395.23 51.78
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread 1 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00
Net Interest 86,584.93 917,083.03 107,188.79
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000 0.0000
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 6.385749 5.803517 5.175408
Group Level Collateral Statement
Group 7 Total
Collateral Description Fixed 15 & 30 Year Mixed Fixed
Weighted Average Coupon Rate 5.971201 6.126218
Weighted Average Net Rate 5.721200 5.876217
Weighted Average Maturity 179.00 1.00
Record Date 06/30/2005 06/30/2005
Principal And Interest Constant 564,103.93 4,600,617.08
Beginning Loan Count 561 3,947
Loans Paid In Full 3 19
Ending Loan Count 558 3,928
Beginning Scheduled Balance 66,545,894.04 717,221,880.69
Ending Scheduled Balance 65,738,034.32 711,711,024.42
Scheduled Principal 232,971.50 939,069.23
Unscheduled Principal 574,888.22 4,571,787.04
Scheduled Interest 331,132.43 3,661,547.85
Servicing Fee 13,863.73 149,421.23
Master Servicing Fee 0.00 0.00
Trustee Fee 138.64 1,494.22
Fry Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread 1 0.00 0.00
Spread 2 0.00 0.00
Spread 3 0.00 0.00
Net Interest 317,130.06 3,510,632.40
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalties 0.00 0.00
Special Servicing Fee 0.00 0.00
Pass-Through Rate 5.718700 5.873716
Miscellaneous Reporting
Group 1
CPR 1.233111%
Subordinate % 4.260738%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.739262%
Group 2
CPR 13.478993%
Subordinate % 4.251090%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.748910%
Senior % 95.748499%
Group 3
CPR 5.030855%
Subordinate % 4.251501%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Miscellaneous Reporting
Group 4
CPR 5.926504%
Subordinate % 4.343485%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.656515%
Group 5
CPR 8.370572%
Subordinate % 4.258568%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.741432%
Group 6
CPR 13.696452%
Subordinate % 4.272110%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.727890%
Miscellaneous Reporting
Group 7
CPR 9.921210%
Subordinate % 4.251584%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 95.748416%
Prepayment Detail - Prepayments during Current Period
Summary Loans Paid In Full Repurchased Loans
Original Current Original Current
Principal Principal Principal Principal
Group Count Balance Balance Count Balance Balance
<s> <c> <c> <c> <c> <c> <c>
1 1 114,976.00 114,740.97 0 0.00 0.00
2 8 1,546,961.00 1,546,186.71 0 0.00 0.00
3 1 332,000.00 331,684.98 0 0.00 0.00
4 1 82,000.00 81,858.38 0 0.00 0.00
5 3 1,261,500.00 1,259,851.67 0 0.00 0.00
6 2 294,550.00 293,077.76 0 0.00 0.00
7 3 410,371.00 408,792.19 0 0.00 0.00
Total 19 4,042,358.00 4,036,192.66 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued)
Summary Substitution Loans Liquidated Loans Curtailments
Original Current Original Current
Principal Principal Principal Principal Curtailment
Group Count Balance Balance Count Balance Balance Amount
<s> <c> <c> <c> <c> <c> <c> <c>
1 0 0.00 0.00 0 0.00 0.00 77,900.39
2 0 0.00 0.00 0 0.00 0.00 80,715.91
3 0 0.00 0.00 0 0.00 0.00 87,159.86
4 0 0.00 0.00 0 0.00 0.00 83,085.43
5 0 0.00 0.00 0 0.00 0.00 116,965.16
6 0 0.00 0.00 0 0.00 0.00 10,074.87
7 0 0.00 0.00 0 0.00 0.00 167,503.76
Total 0 0.00 0.00 0 0.00 0.00 623,405.38
Prepayment Loan Detail - Prepayments during Current Period
First Original
Loan LTV at Payment Principal Prepayment
Group Number State Origination Date Balance Amount
<s> <c> <c> <c> <c> <c> <c>
1 3300642182 AZ 80.00 01-May-2005 114,976.00 114,718.21
2 3302114750 FL 64.37 01-Jul-2005 82,400.00 82,315.13
2 6098558262 FL 88.41 01-Jun-2005 359,000.00 358,364.77
2 6244828353 TX 80.00 01-Jun-2005 88,000.00 87,832.55
2 6284545602 CT 70.24 01-Jun-2005 165,000.00 164,708.03
2 6434519770 AZ 80.00 01-Jul-2005 273,781.00 273,533.49
2 6497379419 FL 80.00 01-Jul-2005 174,320.00 174,169.91
2 6808465329 FL 90.00 01-Jul-2005 155,160.00 155,026.40
2 6891286616 MA 90.00 01-Jun-2005 249,300.00 248,858.87
3 6986355037 CO 80.00 01-Jun-2005 332,000.00 331,368.32
4 6594225879 FL 59.42 01-May-2005 82,000.00 (531.85)
5 6319321466 CO 46.24 01-May-2005 400,000.00 398,741.09
5 6959937928 CA 70.00 01-Jun-2005 486,500.00 485,505.53
5 6988010697 CA 72.11 01-Jun-2005 375,000.00 374,368.09
6 3301946004 FL 80.00 01-Jun-2005 176,800.00 175,528.54
6 6165566446 FL 58.87 01-May-2005 117,750.00 116,490.12
7 6019853354 VA 40.42 01-May-2005 52,371.00 51,833.73
7 6504573111 IL 62.02 01-Jun-2005 98,000.00 97,324.34
7 6629196624 NJ 86.66 01-Jun-2005 260,000.00 258,226.39
Prepayment Loan Detail - Prepayments during Current Period (continued)
Current
Loan PIF Months Loan Original
Group Number Type Delinquent Rate Term Seasoning
<s> <c> <c> <c> <c> <c> <c>
1 3300642182 Loan Paid in Full (1) 5.875% 360 2
2 3302114750 Loan Paid in Full (2) 6.375% 360 0
2 6098558262 Loan Paid in Full (1) 6.625% 360 1
2 6244828353 Loan Paid in Full (1) 6.250% 360 1
2 6284545602 Loan Paid in Full (1) 6.625% 360 1
2 6434519770 Loan Paid in Full (2) 6.500% 360 0
2 6497379419 Loan Paid in Full (2) 6.750% 360 0
2 6808465329 Loan Paid in Full (2) 6.750% 360 0
2 6891286616 Loan Paid in Full (1) 6.625% 360 1
3 6986355037 Loan Paid in Full (1) 6.250% 360 1
4 6594225879 Loan Paid in Full (1) 6.750% 360 2
5 6319321466 Loan Paid in Full (1) 5.750% 360 2
5 6959937928 Loan Paid in Full (1) 5.875% 360 1
5 6988010697 Loan Paid in Full (1) 6.875% 360 1
6 3301946004 Loan Paid in Full (1) 5.500% 180 1
6 6165566446 Loan Paid in Full (1) 5.625% 180 2
7 6019853354 Loan Paid in Full (2) 6.125% 180 2
7 6504573111 Loan Paid in Full (1) 6.000% 180 1
7 6629196624 Loan Paid in Full (1) 6.125% 180 1
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.638% Current Month 7.396% Current Month 3,652.099%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 7.396% N/A Jul-2005 3,652.099% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.103% Current Month 1.233% Current Month 734.290%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 1.233% N/A Jul-2005 734.290% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.199% Current Month 13.479% Current Month 9,348.693%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 13.479% N/A Jul-2005 9,348.693% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
3
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.429% Current Month 5.031% Current Month 3,490.451%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 5.031% N/A Jul-2005 3,490.451% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
4
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.508% Current Month 5.927% Current Month 3,944.125%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 5.927% N/A Jul-2005 3,944.125% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
5
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.726% Current Month 8.371% Current Month 2,736.933%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 8.371% N/A Jul-2005 2,736.933% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
6
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.220% Current Month 13.696% Current Month 5,016.048%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 13.696% N/A Jul-2005 5,016.048% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
7
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.867% Current Month 9.921% Current Month 5,051.546%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
CPR: Current vs 12mo Average* PSA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 9.921% N/A Jul-2005 5,051.546% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
Calculation Methodology:
Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled
Principal)
Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12)
PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal
Balance))
</FN>
Realized Loss Detail Report - Loans with Losses during Current Period
Summary
# Loans Prior Realized Current
with Principal Loss/(Gain) Loss
Group Losses Balance Amount Percentage
<s> <c> <c> <c> <c>
1 0 0.00 0.00 0.000%
2 0 0.00 0.00 0.000%
3 0 0.00 0.00 0.000%
4 0 0.00 0.00 0.000%
5 0 0.00 0.00 0.000%
6 0 0.00 0.00 0.000%
7 0 0.00 0.00 0.000%
Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period
Original Current
Loan Principal Note LTV at Original
Group Number Balance Rate State Origination Term
<s> <c> <c> <c> <c> <c> <c>
No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued)
Prior Cumulative
Loan Principal Realized Realized
Group Number Balance Loss/(Gain) Loss/(Gain)
<s> <c> <c> <c> <c>
No losses this period.
Realized Loss Report - Collateral
Summary
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
3
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
4
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
5
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
6
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
7
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Aug-2004 N/A N/A Aug-2004 N/A N/A
Sep-2004 N/A N/A Sep-2004 N/A N/A
Oct-2004 N/A N/A Oct-2004 N/A N/A
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
</FN>
<FN>
Calculation Methodology:
Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance).
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and
less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 -
((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
</FN>