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): August 25, 2005
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-3 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-17
Pooling and Servicing Agreement) (Commission 54-2169425
(State or other File Number) 54-2169426
jurisdiction 54-2169427
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 August 25, 2005 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-3
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 2005-3 Trust, relating to the
August 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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-3 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 8/25/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-3 Trust,
relating to the August 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 7/29/2005
Distribution Date: 8/25/2005
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series 2005-3
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>
1-A-1 05949A2C3 SEN 5.50000% 12,916,015.27 59,198.40
1-A-2 05949A2D1 SEN 5.50000% 125,000.00 572.92
1-A-3 05949A2E9 SEN 5.50000% 2,100,000.00 9,625.00
1-A-4 05949A2F6 SEN 5.50000% 680,000.00 3,116.67
1-A-5 05949A2G4 SEN 5.50000% 3,256,500.00 14,925.63
1-A-6 05949A2H2 SEN 4.54000% 4,075,441.71 15,418.75
1-A-7 05949A2J8 SEN 5.50000% 0.00 10,194.87
1-A-8 05949A2K5 SEN 7.10000% 1,262,939.08 7,472.39
1-A-9 05949A2L3 SEN 6.46000% 1,970,543.25 10,608.09
1-A-10 05949A2M1 SEN 5.50000% 3,582,000.00 16,417.50
1-A-11 05949A2N9 SEN 5.50000% 2,373,000.00 10,876.25
1-A-12 05949A2P4 SEN 5.25000% 5,374,208.85 23,512.16
1-A-13 05949A2Q2 SEN 7.00000% 895,701.48 5,224.93
1-A-15 05949A2S8 SEN 5.50000% 10,000,000.00 45,833.33
1-A-16 05949A2T6 SEN 5.50000% 4,750,039.46 21,771.01
1-A-17 05949A2U3 SEN 5.50000% 2,415,572.34 11,071.37
1-A-18 05949A2V1 SEN 5.00000% 9,742,065.70 40,591.94
1-A-19 05949A2W9 SEN 5.25000% 29,451,238.83 128,849.17
1-A-20 05949A2X7 SEN 5.50000% 29,264,000.00 134,126.67
1-A-21 05949A2Y5 SEN 5.50000% 22,137,000.00 101,461.25
1-A-22 05949A2Z2 SEN 5.50000% 1,314,000.00 6,022.50
1-A-23 05949A3A6 SEN 5.50000% 1,307,000.00 5,990.42
1-A-24 05949A3B4 SEN 5.50000% 20,866,500.00 95,638.13
1-A-25 05949A3C2 SEN 5.50000% 37,422,389.98 171,519.29
1-A-26 05949A3D0 SEN 5.50000% 47,272,466.56 216,665.47
1-A-27 05949A3E8 SEN 5.50000% 28,565,000.00 130,922.92
1-A-28 05949A3F5 SEN 5.50000% 5,814,386.77 26,649.27
1-A-29 05949A3G3 SEN 5.50000% 15,169,613.23 69,527.39
1-A-30 05949A3H1 SEN 5.50000% 1,098,000.00 5,032.50
1-A-31 05949A3J7 SEN 5.50000% 35,676,635.48 163,517.91
1-A-32 05949A3K4 SEN 5.50000% 1,448,246.49 6,637.80
1-A-R 05949A3L2 SEN 5.50000% 0.00 3.71
2-A-1 05949A3N8 SEN 5.50000% 21,583,000.00 98,922.08
2-A-2 05949A3P3 SEN 5.50000% 157,091,626.93 720,003.29
2-A-3 05949A3Q1 SEN 5.50000% 31,907,000.00 146,240.42
2-A-4 05949A3R9 SEN 5.50000% 1,136,000.00 5,206.67
30-PO 05949A3T5 SEN 0.00000% 1,954,051.08 0.00
1-A-IO 05949A3M0 SEN 5.50000% 0.00 20,166.17
2-A-IO 05949A3S7 SEN 5.50000% 0.00 14,676.79
1-B-1 05949A3U2 SUB 5.50000% 6,611,882.70 30,304.46
1-B-2 05949A3V0 SUB 5.50000% 1,836,191.52 8,415.88
1-B-3 05949A3W8 SUB 5.50000% 1,102,312.37 5,052.27
1-B-4 05949A4A5 SUB 5.50000% 734,874.91 3,368.18
1-B-5 05949A4B3 SUB 5.50000% 550,658.30 2,523.85
1-B-6 05949A4C1 SUB 5.50000% 551,537.56 2,527.88
2-B-1 05949A3X6 SUB 5.50000% 3,733,235.49 17,110.66
2-B-2 05949A3Y4 SUB 5.50000% 1,357,268.60 6,220.81
2-B-3 05949A3Z1 SUB 5.50000% 679,132.20 3,112.69
2-B-4 05949A4D9 SUB 5.50000% 452,090.93 2,072.08
2-B-5 05949A4E7 SUB 5.50000% 339,566.10 1,556.34
2-B-6 05949A4F4 SUB 5.50000% 339,521.78 1,556.14
Totals 574,285,454.95 2,658,032.27
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 590,290.90 0.00 12,325,724.37 649,489.30 0.00
1-A-2 0.00 0.00 125,000.00 572.92 0.00
1-A-3 0.00 0.00 2,100,000.00 9,625.00 0.00
1-A-4 0.00 0.00 680,000.00 3,116.67 0.00
1-A-5 0.00 0.00 3,256,500.00 14,925.63 0.00
1-A-6 186,256.84 0.00 3,889,184.87 201,675.59 0.00
1-A-7 0.00 0.00 0.00 10,194.87 0.00
1-A-8 57,719.15 0.00 1,205,219.93 65,191.54 0.00
1-A-9 90,058.25 0.00 1,880,484.99 100,666.34 0.00
1-A-10 163,000.00 0.00 3,419,000.00 179,417.50 0.00
1-A-11 0.00 0.00 2,373,000.00 10,876.25 0.00
1-A-12 245,613.41 0.00 5,128,595.44 269,125.57 0.00
1-A-13 40,935.57 0.00 854,765.91 46,160.50 0.00
1-A-15 0.00 0.00 10,000,000.00 45,833.33 0.00
1-A-16 21,449.03 0.00 4,728,590.43 43,220.04 0.00
1-A-17 306,035.52 0.00 2,109,536.82 317,106.89 0.00
1-A-18 84,082.01 0.00 9,657,983.69 124,673.95 0.00
1-A-19 254,188.32 0.00 29,197,050.51 383,037.49 0.00
1-A-20 0.00 0.00 29,264,000.00 134,126.67 0.00
1-A-21 0.00 0.00 22,137,000.00 101,461.25 0.00
1-A-22 0.00 0.00 1,314,000.00 6,022.50 0.00
1-A-23 0.00 0.00 1,307,000.00 5,990.42 0.00
1-A-24 0.00 0.00 20,866,500.00 95,638.13 0.00
1-A-25 978,575.09 0.00 36,443,814.89 1,150,094.38 0.00
1-A-26 1,035,492.66 0.00 46,236,973.90 1,252,158.13 0.00
1-A-27 0.00 0.00 28,565,000.00 130,922.92 0.00
1-A-28 (26,649.27) 0.00 5,841,036.05 0.00 0.00
1-A-29 26,649.27 0.00 15,142,963.95 96,176.66 0.00
1-A-30 0.00 0.00 1,098,000.00 5,032.50 0.00
1-A-31 932,924.56 0.00 34,743,710.92 1,096,442.47 0.00
1-A-32 37,870.86 0.00 1,410,375.64 44,508.66 0.00
1-A-R 0.00 0.00 0.00 3.71 0.00
2-A-1 0.00 0.00 21,583,000.00 98,922.08 0.00
2-A-2 7,282,033.20 0.00 149,809,593.74 8,002,036.49 0.00
2-A-3 0.00 0.00 31,907,000.00 146,240.42 0.00
2-A-4 0.00 0.00 1,136,000.00 5,206.67 0.00
30-PO 35,963.77 0.00 1,918,087.31 35,963.77 0.00
1-A-IO 0.00 0.00 0.00 20,166.17 0.00
2-A-IO 0.00 0.00 0.00 14,676.79 0.00
1-B-1 7,153.02 0.00 6,604,729.68 37,457.48 0.00
1-B-2 1,986.47 0.00 1,834,205.05 10,402.35 0.00
1-B-3 1,192.53 0.00 1,101,119.84 6,244.80 0.00
1-B-4 795.02 0.00 734,079.90 4,163.20 0.00
1-B-5 595.73 0.00 550,062.58 3,119.58 0.00
1-B-6 596.68 0.00 550,940.89 3,124.56 0.00
2-B-1 3,999.80 0.00 3,729,235.69 21,110.46 0.00
2-B-2 1,454.18 0.00 1,355,814.42 7,674.99 0.00
2-B-3 727.62 0.00 678,404.57 3,840.31 0.00
2-B-4 484.37 0.00 451,606.56 2,556.45 0.00
2-B-5 363.81 0.00 339,202.29 1,920.15 0.00
2-B-6 363.76 0.00 339,158.01 1,919.90 0.00
Totals 12,362,202.13 0.00 561,923,252.84 15,020,234.40 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>
1-A-1 14,420,000.00 12,916,015.27 43,508.93 546,781.97 0.00 0.00
1-A-2 125,000.00 125,000.00 0.00 0.00 0.00 0.00
1-A-3 2,100,000.00 2,100,000.00 0.00 0.00 0.00 0.00
1-A-4 680,000.00 680,000.00 0.00 0.00 0.00 0.00
1-A-5 3,256,500.00 3,256,500.00 0.00 0.00 0.00 0.00
1-A-6 4,550,000.00 4,075,441.71 13,728.55 172,528.29 0.00 0.00
1-A-7 0.00 0.00 0.00 0.00 0.00 0.00
1-A-8 1,410,000.00 1,262,939.08 4,254.34 53,464.81 0.00 0.00
1-A-9 2,200,000.00 1,970,543.25 6,637.98 83,420.27 0.00 0.00
1-A-10 4,000,000.00 3,582,000.00 12,014.34 150,985.66 0.00 0.00
1-A-11 2,373,000.00 2,373,000.00 0.00 0.00 0.00 0.00
1-A-12 6,000,000.00 5,374,208.85 18,103.58 227,509.83 0.00 0.00
1-A-13 1,000,000.00 895,701.48 3,017.26 37,918.31 0.00 0.00
1-A-15 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
1-A-16 4,800,000.00 4,750,039.46 1,580.96 19,868.07 0.00 0.00
1-A-17 3,200,000.00 2,415,572.34 22,557.15 283,478.37 0.00 0.00
1-A-18 10,000,000.00 9,742,065.70 6,197.48 77,884.52 0.00 0.00
1-A-19 30,231,000.00 29,451,238.83 18,735.61 235,452.71 0.00 0.00
1-A-20 29,264,000.00 29,264,000.00 0.00 0.00 0.00 0.00
1-A-21 22,137,000.00 22,137,000.00 0.00 0.00 0.00 0.00
1-A-22 1,314,000.00 1,314,000.00 0.00 0.00 0.00 0.00
1-A-23 1,307,000.00 1,307,000.00 0.00 0.00 0.00 0.00
1-A-24 20,866,500.00 20,866,500.00 0.00 0.00 0.00 0.00
1-A-25 40,000,000.00 37,422,389.98 72,128.44 906,446.65 0.00 0.00
1-A-26 50,000,000.00 47,272,466.56 76,323.69 959,168.97 0.00 0.00
1-A-27 28,565,000.00 28,565,000.00 0.00 0.00 0.00 0.00
1-A-28 5,709,000.00 5,814,386.77 0.00 0.00 (26,649.27) 0.00
1-A-29 15,275,000.00 15,169,613.23 1,964.25 24,685.02 0.00 0.00
1-A-30 1,098,000.00 1,098,000.00 0.00 0.00 0.00 0.00
1-A-31 38,134,000.00 35,676,635.48 68,763.64 864,160.91 0.00 0.00
1-A-32 1,548,000.00 1,448,246.49 2,791.37 35,079.49 0.00 0.00
1-A-R 100.00 0.00 0.00 0.00 0.00 0.00
2-A-1 21,583,000.00 21,583,000.00 0.00 0.00 0.00 0.00
2-A-2 165,542,000.00 157,091,626.93 226,835.04 7,055,198.16 0.00 0.00
2-A-3 31,907,000.00 31,907,000.00 0.00 0.00 0.00 0.00
2-A-4 1,136,000.00 1,136,000.00 0.00 0.00 0.00 0.00
30-PO 1,971,571.00 1,954,051.08 2,213.97 33,749.81 0.00 0.00
1-A-IO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-IO 0.00 0.00 0.00 0.00 0.00 0.00
1-B-1 6,640,000.00 6,611,882.70 7,153.02 0.00 0.00 0.00
1-B-2 1,844,000.00 1,836,191.52 1,986.47 0.00 0.00 0.00
1-B-3 1,107,000.00 1,102,312.37 1,192.53 0.00 0.00 0.00
1-B-4 738,000.00 734,874.91 795.02 0.00 0.00 0.00
1-B-5 553,000.00 550,658.30 595.73 0.00 0.00 0.00
1-B-6 553,883.00 551,537.56 596.68 0.00 0.00 0.00
2-B-1 3,749,000.00 3,733,235.49 3,999.80 0.00 0.00 0.00
2-B-2 1,363,000.00 1,357,268.60 1,454.18 0.00 0.00 0.00
2-B-3 682,000.00 679,132.20 727.62 0.00 0.00 0.00
2-B-4 454,000.00 452,090.93 484.37 0.00 0.00 0.00
2-B-5 341,000.00 339,566.10 363.81 0.00 0.00 0.00
2-B-6 340,955.00 339,521.78 363.76 0.00 0.00 0.00
Totals 596,068,509.00 574,285,454.95 621,069.57 11,767,781.82 (26,649.27) 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>
1-A-1 590,290.90 12,325,724.37 0.85476591 590,290.90
1-A-2 0.00 125,000.00 1.00000000 0.00
1-A-3 0.00 2,100,000.00 1.00000000 0.00
1-A-4 0.00 680,000.00 1.00000000 0.00
1-A-5 0.00 3,256,500.00 1.00000000 0.00
1-A-6 186,256.84 3,889,184.87 0.85476591 186,256.84
1-A-7 0.00 0.00 0.00000000 0.00
1-A-8 57,719.15 1,205,219.93 0.85476591 57,719.15
1-A-9 90,058.25 1,880,484.99 0.85476590 90,058.25
1-A-10 163,000.00 3,419,000.00 0.85475000 163,000.00
1-A-11 0.00 2,373,000.00 1.00000000 0.00
1-A-12 245,613.41 5,128,595.44 0.85476591 245,613.41
1-A-13 40,935.57 854,765.91 0.85476591 40,935.57
1-A-15 0.00 10,000,000.00 1.00000000 0.00
1-A-16 21,449.03 4,728,590.43 0.98512301 21,449.03
1-A-17 306,035.52 2,109,536.82 0.65923026 306,035.52
1-A-18 84,082.01 9,657,983.69 0.96579837 84,082.01
1-A-19 254,188.32 29,197,050.51 0.96579837 254,188.32
1-A-20 0.00 29,264,000.00 1.00000000 0.00
1-A-21 0.00 22,137,000.00 1.00000000 0.00
1-A-22 0.00 1,314,000.00 1.00000000 0.00
1-A-23 0.00 1,307,000.00 1.00000000 0.00
1-A-24 0.00 20,866,500.00 1.00000000 0.00
1-A-25 978,575.09 36,443,814.89 0.91109537 978,575.09
1-A-26 1,035,492.66 46,236,973.90 0.92473948 1,035,492.66
1-A-27 0.00 28,565,000.00 1.00000000 0.00
1-A-28 (26,649.27) 5,841,036.05 1.02312770 (26,649.27)
1-A-29 26,649.27 15,142,963.95 0.99135607 26,649.27
1-A-30 0.00 1,098,000.00 1.00000000 0.00
1-A-31 932,924.56 34,743,710.92 0.91109537 932,924.56
1-A-32 37,870.86 1,410,375.64 0.91109537 37,870.86
1-A-R 0.00 0.00 0.00000000 0.00
2-A-1 0.00 21,583,000.00 1.00000000 0.00
2-A-2 7,282,033.20 149,809,593.74 0.90496426 7,282,033.20
2-A-3 0.00 31,907,000.00 1.00000000 0.00
2-A-4 0.00 1,136,000.00 1.00000000 0.00
30-PO 35,963.77 1,918,087.31 0.97287255 35,963.77
1-A-IO 0.00 0.00 0.00000000 0.00
2-A-IO 0.00 0.00 0.00000000 0.00
1-B-1 7,153.02 6,604,729.68 0.99468820 7,153.02
1-B-2 1,986.47 1,834,205.05 0.99468820 1,986.47
1-B-3 1,192.53 1,101,119.84 0.99468820 1,192.53
1-B-4 795.02 734,079.90 0.99468821 795.02
1-B-5 595.73 550,062.58 0.99468821 595.73
1-B-6 596.68 550,940.89 0.99468821 596.68
2-B-1 3,999.80 3,729,235.69 0.99472811 3,999.80
2-B-2 1,454.18 1,355,814.42 0.99472811 1,454.18
2-B-3 727.62 678,404.57 0.99472811 727.62
2-B-4 484.37 451,606.56 0.99472811 484.37
2-B-5 363.81 339,202.29 0.99472812 363.81
2-B-6 363.76 339,158.01 0.99472954 363.76
Totals 12,362,202.13 561,923,252.84 0.94271589 12,362,202.13
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>
1-A-1 14,420,000.00 895.70147503 3.01726283 37.91830583 0.00000000
1-A-2 125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 2,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 680,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 3,256,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 4,550,000.00 895.70147473 3.01726374 37.91830549 0.00000000
1-A-7 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-8 1,410,000.00 895.70147518 3.01726241 37.91830496 0.00000000
1-A-9 2,200,000.00 895.70147727 3.01726364 37.91830455 0.00000000
1-A-10 4,000,000.00 895.50000000 3.00358500 37.74641500 0.00000000
1-A-11 2,373,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-12 6,000,000.00 895.70147500 3.01726333 37.91830500 0.00000000
1-A-13 1,000,000.00 895.70148000 3.01726000 37.91831000 0.00000000
1-A-15 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 4,800,000.00 989.59155417 0.32936667 4.13918125 0.00000000
1-A-17 3,200,000.00 754.86635625 7.04910938 88.58699062 0.00000000
1-A-18 10,000,000.00 974.20657000 0.61974800 7.78845200 0.00000000
1-A-19 30,231,000.00 974.20657041 0.61974827 7.78845258 0.00000000
1-A-20 29,264,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-21 22,137,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 1,314,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-23 1,307,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-24 20,866,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-25 40,000,000.00 935.55974950 1.80321100 22.66116625 0.00000000
1-A-26 50,000,000.00 945.44933120 1.52647380 19.18337940 0.00000000
1-A-27 28,565,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-28 5,709,000.00 1018.45976003 0.00000000 0.00000000 (4.66794009)
1-A-29 15,275,000.00 993.10070245 0.12859247 1.61604059 0.00000000
1-A-30 1,098,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-31 38,134,000.00 935.55974931 1.80321078 22.66116615 0.00000000
1-A-32 1,548,000.00 935.55974806 1.80321059 22.66116925 0.00000000
1-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 21,583,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-2 165,542,000.00 948.95329844 1.37025673 42.61878049 0.00000000
2-A-3 31,907,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 1,136,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
30-PO 1,971,571.00 991.11372606 1.12294713 17.11823211 0.00000000
1-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-B-1 6,640,000.00 995.76546687 1.07726205 0.00000000 0.00000000
1-B-2 1,844,000.00 995.76546638 1.07726139 0.00000000 0.00000000
1-B-3 1,107,000.00 995.76546522 1.07726287 0.00000000 0.00000000
1-B-4 738,000.00 995.76546070 1.07726287 0.00000000 0.00000000
1-B-5 553,000.00 995.76546112 1.07726944 0.00000000 0.00000000
1-B-6 553,883.00 995.76545949 1.07726722 0.00000000 0.00000000
2-B-1 3,749,000.00 995.79500934 1.06689784 0.00000000 0.00000000
2-B-2 1,363,000.00 995.79501101 1.06689655 0.00000000 0.00000000
2-B-3 682,000.00 995.79501466 1.06689150 0.00000000 0.00000000
2-B-4 454,000.00 995.79500000 1.06689427 0.00000000 0.00000000
2-B-5 341,000.00 995.79501466 1.06689150 0.00000000 0.00000000
2-B-6 340,955.00 995.79645408 1.06688566 0.00000000 0.00000000
<FN>
(2) All classes are per $1,000 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>
1-A-1 0.00000000 40.93556865 854.76590638 0.85476591 40.93556865
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-6 0.00000000 40.93556923 854.76590549 0.85476591 40.93556923
1-A-7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-8 0.00000000 40.93556738 854.76590780 0.85476591 40.93556738
1-A-9 0.00000000 40.93556818 854.76590455 0.85476590 40.93556818
1-A-10 0.00000000 40.75000000 854.75000000 0.85475000 40.75000000
1-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-12 0.00000000 40.93556833 854.76590667 0.85476591 40.93556833
1-A-13 0.00000000 40.93557000 854.76591000 0.85476591 40.93557000
1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-16 0.00000000 4.46854792 985.12300625 0.98512301 4.46854792
1-A-17 0.00000000 95.63610000 659.23025625 0.65923026 95.63610000
1-A-18 0.00000000 8.40820100 965.79836900 0.96579837 8.40820100
1-A-19 0.00000000 8.40820085 965.79836955 0.96579837 8.40820085
1-A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-22 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-23 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-24 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-25 0.00000000 24.46437725 911.09537225 0.91109537 24.46437725
1-A-26 0.00000000 20.70985320 924.73947800 0.92473948 20.70985320
1-A-27 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-28 0.00000000 (4.66794009) 1,023.12770187 1.02312770 (4.66794009)
1-A-29 0.00000000 1.74463306 991.35606874 0.99135607 1.74463306
1-A-30 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-31 0.00000000 24.46437720 911.09537211 0.91109537 24.46437720
1-A-32 0.00000000 24.46437984 911.09537468 0.91109537 24.46437984
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-2 0.00000000 43.98903722 904.96426128 0.90496426 43.98903722
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
30-PO 0.00000000 18.24117417 972.87255189 0.97287255 18.24117417
1-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-B-1 0.00000000 1.07726205 994.68820482 0.99468820 1.07726205
1-B-2 0.00000000 1.07726139 994.68820499 0.99468820 1.07726139
1-B-3 0.00000000 1.07726287 994.68820235 0.99468820 1.07726287
1-B-4 0.00000000 1.07726287 994.68821138 0.99468821 1.07726287
1-B-5 0.00000000 1.07726944 994.68820976 0.99468821 1.07726944
1-B-6 0.00000000 1.07726722 994.68821033 0.99468821 1.07726722
2-B-1 0.00000000 1.06689784 994.72811150 0.99472811 1.06689784
2-B-2 0.00000000 1.06689655 994.72811445 0.99472811 1.06689655
2-B-3 0.00000000 1.06689150 994.72810850 0.99472811 1.06689150
2-B-4 0.00000000 1.06689427 994.72810573 0.99472811 1.06689427
2-B-5 0.00000000 1.06689150 994.72812317 0.99472812 1.06689150
2-B-6 0.00000000 1.06688566 994.72953909 0.99472954 1.06688566
<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>
1-A-1 14,420,000.00 5.50000% 12,916,015.27 59,198.40 0.00 0.00
1-A-2 125,000.00 5.50000% 125,000.00 572.92 0.00 0.00
1-A-3 2,100,000.00 5.50000% 2,100,000.00 9,625.00 0.00 0.00
1-A-4 680,000.00 5.50000% 680,000.00 3,116.67 0.00 0.00
1-A-5 3,256,500.00 5.50000% 3,256,500.00 14,925.63 0.00 0.00
1-A-6 4,550,000.00 4.54000% 4,075,441.71 15,418.75 0.00 0.00
1-A-7 0.00 5.50000% 2,224,335.01 10,194.87 0.00 0.00
1-A-8 1,410,000.00 7.10000% 1,262,939.08 7,472.39 0.00 0.00
1-A-9 2,200,000.00 6.46000% 1,970,543.25 10,608.09 0.00 0.00
1-A-10 4,000,000.00 5.50000% 3,582,000.00 16,417.50 0.00 0.00
1-A-11 2,373,000.00 5.50000% 2,373,000.00 10,876.25 0.00 0.00
1-A-12 6,000,000.00 5.25000% 5,374,208.85 23,512.16 0.00 0.00
1-A-13 1,000,000.00 7.00000% 895,701.48 5,224.93 0.00 0.00
1-A-15 10,000,000.00 5.50000% 10,000,000.00 45,833.33 0.00 0.00
1-A-16 4,800,000.00 5.50000% 4,750,039.46 21,771.01 0.00 0.00
1-A-17 3,200,000.00 5.50000% 2,415,572.34 11,071.37 0.00 0.00
1-A-18 10,000,000.00 5.00000% 9,742,065.70 40,591.94 0.00 0.00
1-A-19 30,231,000.00 5.25000% 29,451,238.83 128,849.17 0.00 0.00
1-A-20 29,264,000.00 5.50000% 29,264,000.00 134,126.67 0.00 0.00
1-A-21 22,137,000.00 5.50000% 22,137,000.00 101,461.25 0.00 0.00
1-A-22 1,314,000.00 5.50000% 1,314,000.00 6,022.50 0.00 0.00
1-A-23 1,307,000.00 5.50000% 1,307,000.00 5,990.42 0.00 0.00
1-A-24 20,866,500.00 5.50000% 20,866,500.00 95,638.13 0.00 0.00
1-A-25 40,000,000.00 5.50000% 37,422,389.98 171,519.29 0.00 0.00
1-A-26 50,000,000.00 5.50000% 47,272,466.56 216,665.47 0.00 0.00
1-A-27 28,565,000.00 5.50000% 28,565,000.00 130,922.92 0.00 0.00
1-A-28 5,709,000.00 5.50000% 5,814,386.77 26,649.27 0.00 0.00
1-A-29 15,275,000.00 5.50000% 15,169,613.23 69,527.39 0.00 0.00
1-A-30 1,098,000.00 5.50000% 1,098,000.00 5,032.50 0.00 0.00
1-A-31 38,134,000.00 5.50000% 35,676,635.48 163,517.91 0.00 0.00
1-A-32 1,548,000.00 5.50000% 1,448,246.49 6,637.80 0.00 0.00
1-A-R 100.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 21,583,000.00 5.50000% 21,583,000.00 98,922.08 0.00 0.00
2-A-2 165,542,000.00 5.50000% 157,091,626.93 720,003.29 0.00 0.00
2-A-3 31,907,000.00 5.50000% 31,907,000.00 146,240.42 0.00 0.00
2-A-4 1,136,000.00 5.50000% 1,136,000.00 5,206.67 0.00 0.00
30-PO 1,971,571.00 0.00000% 1,954,051.08 0.00 0.00 0.00
1-A-IO 0.00 5.50000% 4,399,890.73 20,166.17 0.00 0.00
2-A-IO 0.00 5.50000% 3,202,209.38 14,676.79 0.00 0.00
1-B-1 6,640,000.00 5.50000% 6,611,882.70 30,304.46 0.00 0.00
1-B-2 1,844,000.00 5.50000% 1,836,191.52 8,415.88 0.00 0.00
1-B-3 1,107,000.00 5.50000% 1,102,312.37 5,052.27 0.00 0.00
1-B-4 738,000.00 5.50000% 734,874.91 3,368.18 0.00 0.00
1-B-5 553,000.00 5.50000% 550,658.30 2,523.85 0.00 0.00
1-B-6 553,883.00 5.50000% 551,537.56 2,527.88 0.00 0.00
2-B-1 3,749,000.00 5.50000% 3,733,235.49 17,110.66 0.00 0.00
2-B-2 1,363,000.00 5.50000% 1,357,268.60 6,220.81 0.00 0.00
2-B-3 682,000.00 5.50000% 679,132.20 3,112.69 0.00 0.00
2-B-4 454,000.00 5.50000% 452,090.93 2,072.08 0.00 0.00
2-B-5 341,000.00 5.50000% 339,566.10 1,556.34 0.00 0.00
2-B-6 340,955.00 5.50000% 339,521.78 1,556.14 0.00 0.00
Totals 596,068,509.00 2,658,028.56 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>
1-A-1 0.00 0.00 59,198.40 0.00 12,325,724.37
1-A-2 0.00 0.00 572.92 0.00 125,000.00
1-A-3 0.00 0.00 9,625.00 0.00 2,100,000.00
1-A-4 0.00 0.00 3,116.67 0.00 680,000.00
1-A-5 0.00 0.00 14,925.63 0.00 3,256,500.00
1-A-6 0.00 0.00 15,418.75 0.00 3,889,184.87
1-A-7 0.00 0.00 10,194.87 0.00 2,205,137.18
1-A-8 0.00 0.00 7,472.39 0.00 1,205,219.93
1-A-9 0.00 0.00 10,608.09 0.00 1,880,484.99
1-A-10 0.00 0.00 16,417.50 0.00 3,419,000.00
1-A-11 0.00 0.00 10,876.25 0.00 2,373,000.00
1-A-12 0.00 0.00 23,512.16 0.00 5,128,595.44
1-A-13 0.00 0.00 5,224.93 0.00 854,765.91
1-A-15 0.00 0.00 45,833.33 0.00 10,000,000.00
1-A-16 0.00 0.00 21,771.01 0.00 4,728,590.43
1-A-17 0.00 0.00 11,071.37 0.00 2,109,536.82
1-A-18 0.00 0.00 40,591.94 0.00 9,657,983.69
1-A-19 0.00 0.00 128,849.17 0.00 29,197,050.51
1-A-20 0.00 0.00 134,126.67 0.00 29,264,000.00
1-A-21 0.00 0.00 101,461.25 0.00 22,137,000.00
1-A-22 0.00 0.00 6,022.50 0.00 1,314,000.00
1-A-23 0.00 0.00 5,990.42 0.00 1,307,000.00
1-A-24 0.00 0.00 95,638.13 0.00 20,866,500.00
1-A-25 0.00 0.00 171,519.29 0.00 36,443,814.89
1-A-26 0.00 0.00 216,665.47 0.00 46,236,973.90
1-A-27 0.00 0.00 130,922.92 0.00 28,565,000.00
1-A-28 0.00 0.00 26,649.27 0.00 5,841,036.05
1-A-29 0.00 0.00 69,527.39 0.00 15,142,963.95
1-A-30 0.00 0.00 5,032.50 0.00 1,098,000.00
1-A-31 0.00 0.00 163,517.91 0.00 34,743,710.92
1-A-32 0.00 0.00 6,637.80 0.00 1,410,375.64
1-A-R 0.00 0.00 3.71 0.00 0.00
2-A-1 0.00 0.00 98,922.08 0.00 21,583,000.00
2-A-2 0.00 0.00 720,003.29 0.00 149,809,593.74
2-A-3 0.00 0.00 146,240.42 0.00 31,907,000.00
2-A-4 0.00 0.00 5,206.67 0.00 1,136,000.00
30-PO 0.00 0.00 0.00 0.00 1,918,087.31
1-A-IO 0.00 0.00 20,166.17 0.00 4,345,186.61
2-A-IO 0.00 0.00 14,676.79 0.00 3,122,071.34
1-B-1 0.00 0.00 30,304.46 0.00 6,604,729.68
1-B-2 0.00 0.00 8,415.88 0.00 1,834,205.05
1-B-3 0.00 0.00 5,052.27 0.00 1,101,119.84
1-B-4 0.00 0.00 3,368.18 0.00 734,079.90
1-B-5 0.00 0.00 2,523.85 0.00 550,062.58
1-B-6 0.00 0.00 2,527.88 0.00 550,940.89
2-B-1 0.00 0.00 17,110.66 0.00 3,729,235.69
2-B-2 0.00 0.00 6,220.81 0.00 1,355,814.42
2-B-3 0.00 0.00 3,112.69 0.00 678,404.57
2-B-4 0.00 0.00 2,072.08 0.00 451,606.56
2-B-5 0.00 0.00 1,556.34 0.00 339,202.29
2-B-6 0.00 0.00 1,556.14 0.00 339,158.01
Totals 0.00 0.00 2,658,032.27 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>
1-A-1 14,420,000.00 5.50000% 895.70147503 4.10529820 0.00000000 0.00000000
1-A-2 125,000.00 5.50000% 1000.00000000 4.58336000 0.00000000 0.00000000
1-A-3 2,100,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-4 680,000.00 5.50000% 1000.00000000 4.58333824 0.00000000 0.00000000
1-A-5 3,256,500.00 5.50000% 1000.00000000 4.58333487 0.00000000 0.00000000
1-A-6 4,550,000.00 4.54000% 895.70147473 3.38873626 0.00000000 0.00000000
1-A-7 0.00 5.50000% 974.20668641 4.46511451 0.00000000 0.00000000
1-A-8 1,410,000.00 7.10000% 895.70147518 5.29956738 0.00000000 0.00000000
1-A-9 2,200,000.00 6.46000% 895.70147727 4.82185909 0.00000000 0.00000000
1-A-10 4,000,000.00 5.50000% 895.50000000 4.10437500 0.00000000 0.00000000
1-A-11 2,373,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-12 6,000,000.00 5.25000% 895.70147500 3.91869333 0.00000000 0.00000000
1-A-13 1,000,000.00 7.00000% 895.70148000 5.22493000 0.00000000 0.00000000
1-A-15 10,000,000.00 5.50000% 1000.00000000 4.58333300 0.00000000 0.00000000
1-A-16 4,800,000.00 5.50000% 989.59155417 4.53562708 0.00000000 0.00000000
1-A-17 3,200,000.00 5.50000% 754.86635625 3.45980313 0.00000000 0.00000000
1-A-18 10,000,000.00 5.00000% 974.20657000 4.05919400 0.00000000 0.00000000
1-A-19 30,231,000.00 5.25000% 974.20657041 4.26215375 0.00000000 0.00000000
1-A-20 29,264,000.00 5.50000% 1000.00000000 4.58333345 0.00000000 0.00000000
1-A-21 22,137,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-22 1,314,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-23 1,307,000.00 5.50000% 1000.00000000 4.58333588 0.00000000 0.00000000
1-A-24 20,866,500.00 5.50000% 1000.00000000 4.58333357 0.00000000 0.00000000
1-A-25 40,000,000.00 5.50000% 935.55974950 4.28798225 0.00000000 0.00000000
1-A-26 50,000,000.00 5.50000% 945.44933120 4.33330940 0.00000000 0.00000000
1-A-27 28,565,000.00 5.50000% 1000.00000000 4.58333345 0.00000000 0.00000000
1-A-28 5,709,000.00 5.50000% 1018.45976003 4.66794009 0.00000000 0.00000000
1-A-29 15,275,000.00 5.50000% 993.10070245 4.55171129 0.00000000 0.00000000
1-A-30 1,098,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-31 38,134,000.00 5.50000% 935.55974931 4.28798212 0.00000000 0.00000000
1-A-32 1,548,000.00 5.50000% 935.55974806 4.28798450 0.00000000 0.00000000
1-A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 21,583,000.00 5.50000% 1000.00000000 4.58333318 0.00000000 0.00000000
2-A-2 165,542,000.00 5.50000% 948.95329844 4.34936928 0.00000000 0.00000000
2-A-3 31,907,000.00 5.50000% 1000.00000000 4.58333344 0.00000000 0.00000000
2-A-4 1,136,000.00 5.50000% 1000.00000000 4.58333627 0.00000000 0.00000000
30-PO 1,971,571.00 0.00000% 991.11372606 0.00000000 0.00000000 0.00000000
1-A-IO 0.00 5.50000% 953.31350320 4.36935446 0.00000000 0.00000000
2-A-IO 0.00 5.50000% 950.70842147 4.35741271 0.00000000 0.00000000
1-B-1 6,640,000.00 5.50000% 995.76546687 4.56392470 0.00000000 0.00000000
1-B-2 1,844,000.00 5.50000% 995.76546638 4.56392625 0.00000000 0.00000000
1-B-3 1,107,000.00 5.50000% 995.76546522 4.56392954 0.00000000 0.00000000
1-B-4 738,000.00 5.50000% 995.76546070 4.56392954 0.00000000 0.00000000
1-B-5 553,000.00 5.50000% 995.76546112 4.56392405 0.00000000 0.00000000
1-B-6 553,883.00 5.50000% 995.76545949 4.56392415 0.00000000 0.00000000
2-B-1 3,749,000.00 5.50000% 995.79500934 4.56405975 0.00000000 0.00000000
2-B-2 1,363,000.00 5.50000% 995.79501101 4.56405723 0.00000000 0.00000000
2-B-3 682,000.00 5.50000% 995.79501466 4.56406158 0.00000000 0.00000000
2-B-4 454,000.00 5.50000% 995.79500000 4.56405286 0.00000000 0.00000000
2-B-5 341,000.00 5.50000% 995.79501466 4.56404692 0.00000000 0.00000000
2-B-6 340,955.00 5.50000% 995.79645408 4.56406271 0.00000000 0.00000000
<FN>
(5) All classes are per $1,000 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>
1-A-1 0.00000000 0.00000000 4.10529820 0.00000000 854.76590638
1-A-2 0.00000000 0.00000000 4.58336000 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-4 0.00000000 0.00000000 4.58333824 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 4.58333487 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 3.38873626 0.00000000 854.76590549
1-A-7 0.00000000 0.00000000 4.46511451 0.00000000 965.79848609
1-A-8 0.00000000 0.00000000 5.29956738 0.00000000 854.76590780
1-A-9 0.00000000 0.00000000 4.82185909 0.00000000 854.76590455
1-A-10 0.00000000 0.00000000 4.10437500 0.00000000 854.75000000
1-A-11 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-12 0.00000000 0.00000000 3.91869333 0.00000000 854.76590667
1-A-13 0.00000000 0.00000000 5.22493000 0.00000000 854.76591000
1-A-15 0.00000000 0.00000000 4.58333300 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.53562708 0.00000000 985.12300625
1-A-17 0.00000000 0.00000000 3.45980313 0.00000000 659.23025625
1-A-18 0.00000000 0.00000000 4.05919400 0.00000000 965.79836900
1-A-19 0.00000000 0.00000000 4.26215375 0.00000000 965.79836955
1-A-20 0.00000000 0.00000000 4.58333345 0.00000000 1000.00000000
1-A-21 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-23 0.00000000 0.00000000 4.58333588 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.58333357 0.00000000 1000.00000000
1-A-25 0.00000000 0.00000000 4.28798225 0.00000000 911.09537225
1-A-26 0.00000000 0.00000000 4.33330940 0.00000000 924.73947800
1-A-27 0.00000000 0.00000000 4.58333345 0.00000000 1000.00000000
1-A-28 0.00000000 0.00000000 4.66794009 0.00000000 1023.12770187
1-A-29 0.00000000 0.00000000 4.55171129 0.00000000 991.35606874
1-A-30 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-31 0.00000000 0.00000000 4.28798212 0.00000000 911.09537211
1-A-32 0.00000000 0.00000000 4.28798450 0.00000000 911.09537468
1-A-R 0.00000000 0.00000000 37.10000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.58333318 0.00000000 1000.00000000
2-A-2 0.00000000 0.00000000 4.34936928 0.00000000 904.96426128
2-A-3 0.00000000 0.00000000 4.58333344 0.00000000 1000.00000000
2-A-4 0.00000000 0.00000000 4.58333627 0.00000000 1000.00000000
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 972.87255189
1-A-IO 0.00000000 0.00000000 4.36935446 0.00000000 941.46089606
2-A-IO 0.00000000 0.00000000 4.35741271 0.00000000 926.91612670
1-B-1 0.00000000 0.00000000 4.56392470 0.00000000 994.68820482
1-B-2 0.00000000 0.00000000 4.56392625 0.00000000 994.68820499
1-B-3 0.00000000 0.00000000 4.56392954 0.00000000 994.68820235
1-B-4 0.00000000 0.00000000 4.56392954 0.00000000 994.68821138
1-B-5 0.00000000 0.00000000 4.56392405 0.00000000 994.68820976
1-B-6 0.00000000 0.00000000 4.56392415 0.00000000 994.68821033
2-B-1 0.00000000 0.00000000 4.56405975 0.00000000 994.72811150
2-B-2 0.00000000 0.00000000 4.56405723 0.00000000 994.72811445
2-B-3 0.00000000 0.00000000 4.56406158 0.00000000 994.72810850
2-B-4 0.00000000 0.00000000 4.56405286 0.00000000 994.72810573
2-B-5 0.00000000 0.00000000 4.56404692 0.00000000 994.72812317
2-B-6 0.00000000 0.00000000 4.56406271 0.00000000 994.72953909
<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>
30-PO-1 0.00000% 0.00 0.00 1,869,180.65 1,836,780.17 97.48230805%
30-PO-2 0.00000% 0.00 0.00 84,870.43 81,307.13 93.07987224%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 15,142,030.95
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 15,142,030.95
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 121,796.55
Payment of Interest and Principal 15,020,234.40
Total Withdrawals (Pool Distribution Amount) 15,142,030.95
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 119,642.97
Trustee Fee - Wells Fargo Bank, N.A. 2,153.58
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 121,796.55
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
1-A-10 Reserve Fund 194.09 63.63 805.90 936.37
1-A-11 Reserve Fund 999.99 0.00 0.00 999.99
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 11 0 0 0 11
3,604,837.89 0.00 0.00 0.00 3,604,837.89
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 11 0 0 0 11
3,604,837.89 0.00 0.00 0.00 3,604,837.89
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 0.722259% 0.000000% 0.000000% 0.000000% 0.722259%
0.640964% 0.000000% 0.000000% 0.000000% 0.640964%
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 0.722259% 0.000000% 0.000000% 0.000000% 0.722259%
0.640964% 0.000000% 0.000000% 0.000000% 0.640964%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 -30 Year Fixed 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 3 0 0 0 3
1,278,219.43 0.00 0.00 0.00 1,278,219.43
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 3 0 0 0 3
1,278,219.43 0.00 0.00 0.00 1,278,219.43
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.457317% 0.000000% 0.000000% 0.000000% 0.457317%
0.364356% 0.000000% 0.000000% 0.000000% 0.364356%
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 0.457317% 0.000000% 0.000000% 0.000000% 0.457317%
0.364356% 0.000000% 0.000000% 0.000000% 0.364356%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 -15 Year Fixed 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 8 0 0 0 8
2,326,618.46 0.00 0.00 0.00 2,326,618.46
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 8 0 0 0 8
2,326,618.46 0.00 0.00 0.00 2,326,618.46
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.922722% 0.000000% 0.000000% 0.000000% 0.922722%
1.099571% 0.000000% 0.000000% 0.000000% 1.099571%
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 0.922722% 0.000000% 0.000000% 0.000000% 0.922722%
1.099571% 0.000000% 0.000000% 0.000000% 1.099571%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 20,601.59
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current REO Total Jan-05 0.000%
Loans in REO 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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 -30 Year Fixed 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current REO Total Jan-05 0.000%
Loans in REO 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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 -15 Year Fixed 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current REO Total Jan-05 0.000%
Loans in REO 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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.
REO Loan Detail - All Mortgage Loans in REO during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number REO Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO 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 REO loans this period.
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 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current Foreclosure Total Jan-05 0.000%
Loans in Foreclosure 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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 -30 Year Fixed 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current Foreclosure Total Jan-05 0.000%
Loans in Foreclosure 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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 -15 Year Fixed 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Sep-04 0.000%
Original Principal Balance 0.00 Oct-04 0.000%
Current Principal Balance 0.00 Nov-04 0.000%
Dec-04 0.000%
Current Foreclosure Total Jan-05 0.000%
Loans in Foreclosure 0 Feb-05 0.000%
Original Principal Balance 0.00 Mar-05 0.000%
Current Principal Balance 0.00 Apr-05 0.000%
May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-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 5.808592%
Weighted Average Pass-Through Rate 5.554092%
Weighted Average Maturity(Stepdown Calculation) 353
Beginning Scheduled Collateral Loan Count 1,557
Number Of Loans Paid In Full 34
Ending Scheduled Collateral Loan Count 1,523
Beginning Scheduled Collateral Balance 574,286,262.05
Ending Scheduled Collateral Balance 561,923,317.63
Ending Actual Collateral Balance at 29-Jul-2005 562,409,158.07
Monthly P&I Constant 3,398,934.11
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 14,844,768.90
Class AP Deferred Amount 0.00
Scheduled Principal 619,105.34
Unscheduled Principal 11,743,839.08
Miscellaneous Reporting
Senior % 96.804605%
Subordinate % 3.195395%
Group Level Collateral Statement
Group 1 -30 Year Fixed 2 -15 Year Fixed Total
Collateral Description Fixed 30 Year Fixed 15 Year Mixed Fixed
Weighted Average Coupon Rate 5.793644 5.832896 5.808592
Weighted Average Net Rate 5.543644 5.582896 5.558592
Weighted Average Maturity 353 353 353
Beginning Loan Count 664 893 1,557
Loans Paid In Full 8 26 34
Ending Loan Count 656 867 1,523
Beginning Scheduled Balance 355,582,949.69 218,703,312.36 574,286,262.05
Ending Scheduled Balance 350,512,995.32 211,410,322.31 561,923,317.63
Record Date 07/29/2005 07/29/2005 07/29/2005
Principal And Interest Constant 2,101,552.46 1,297,381.65 3,398,934.11
Scheduled Principal 384,785.00 234,320.34 619,105.34
Unscheduled Principal 4,685,169.37 7,058,669.71 11,743,839.08
Scheduled Interest 1,716,767.46 1,063,061.31 2,779,828.77
Servicing Fees 74,079.78 45,563.19 119,642.97
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,333.44 820.14 2,153.58
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 1,641,354.24 1,016,677.98 2,658,032.22
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 5.539144 5.578396 5.554092
Miscellaneous Reporting
Group 1 -30 Year Fixed
CPR 14.729083%
Subordinate % 3.219399%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.780601%
Group 2 -15 Year Fixed
CPR 32.572571%
Subordinate % 3.156557%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.843444%
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 -30 Year Fixed 8 4,656,900.00 4,630,827.26 0 0.00 0.00
2 -15 Year Fixed 26 7,043,297.00 7,003,290.86 0 0.00 0.00
Total 34 11,700,197.00 11,634,118.12 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 -30 Year Fixed 0 0.00 0.00 0 0.00 0.00 59,405.92
2 -15 Year Fixed 0 0.00 0.00 0 0.00 0.00 62,842.70
Total 0 0.00 0.00 0 0.00 0.00 122,248.62
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 -30 Year Fixed 3301091512 DC 80.00 01-Apr-2005 380,000.00 376,705.11
1 -30 Year Fixed 6174897832 CA 76.08 01-Apr-2005 475,500.00 472,925.99
1 -30 Year Fixed 6233318317 PA 80.00 01-Mar-2005 424,800.00 422,106.79
1 -30 Year Fixed 6379001446 IL 80.00 01-Mar-2005 848,000.00 842,748.59
1 -30 Year Fixed 6411088849 CA 80.00 01-Mar-2005 433,600.00 430,469.90
1 -30 Year Fixed 6572119656 CA 61.00 01-Mar-2005 1,159,000.00 1,151,652.05
1 -30 Year Fixed 6714993109 CA 80.00 01-Feb-2005 552,000.00 548,002.13
1 -30 Year Fixed 6937331624 CA 79.17 01-Feb-2005 384,000.00 381,152.89
2 -15 Year Fixed 3301340539 FL 64.62 01-Mar-2005 170,611.00 169,517.81
2 -15 Year Fixed 6007033670 CA 41.77 01-Mar-2005 355,100.00 352,845.90
2 -15 Year Fixed 6082716587 OH 80.00 01-Feb-2005 168,000.00 166,839.33
2 -15 Year Fixed 6097924101 MA 66.66 01-Feb-2005 310,000.00 307,700.13
2 -15 Year Fixed 6141788759 CT 68.14 01-Mar-2005 276,000.00 274,250.14
2 -15 Year Fixed 6155494385 CA 63.82 01-Mar-2005 300,000.00 298,098.02
2 -15 Year Fixed 6157749596 VA 80.00 01-Dec-2004 341,360.00 338,090.17
2 -15 Year Fixed 6160003239 IL 44.44 01-Mar-2005 300,000.00 298,098.02
2 -15 Year Fixed 6214318484 FL 79.99 01-Feb-2005 163,426.00 162,296.91
2 -15 Year Fixed 6309620521 IL 80.00 01-Mar-2005 264,000.00 262,326.22
2 -15 Year Fixed 6373680294 CA 80.00 01-Feb-2005 336,000.00 333,566.49
2 -15 Year Fixed 6429178178 MD 60.00 01-Mar-2005 282,000.00 280,212.13
2 -15 Year Fixed 6532913081 CA 39.74 01-Mar-2005 359,650.00 357,422.79
2 -15 Year Fixed 6605812079 CA 36.84 01-Feb-2005 350,000.00 347,404.43
2 -15 Year Fixed 6607471932 WI 78.20 01-Mar-2005 231,500.00 230,066.35
2 -15 Year Fixed 6624535362 WI 62.21 01-Mar-2005 163,000.00 161,990.58
2 -15 Year Fixed 6629327047 CA 62.50 01-Mar-2005 200,000.00 198,589.17
2 -15 Year Fixed 6673726821 CA 70.80 01-Mar-2005 308,000.00 306,092.64
2 -15 Year Fixed 6713323084 CA 44.44 01-Mar-2005 300,000.00 298,139.86
2 -15 Year Fixed 6717926940 HI 80.00 01-Mar-2005 184,000.00 182,860.54
2 -15 Year Fixed 6858556241 IL 77.43 01-Mar-2005 222,250.00 220,840.91
2 -15 Year Fixed 6859571215 CO 80.00 01-Feb-2005 354,400.00 351,772.30
2 -15 Year Fixed 6879785605 CA 69.73 01-Feb-2005 265,000.00 263,080.71
2 -15 Year Fixed 6924169581 IL 80.00 01-Mar-2005 320,000.00 317,971.18
2 -15 Year Fixed 6988514888 CA 39.44 01-Mar-2005 215,000.00 213,636.87
2 -15 Year Fixed 6995034482 IL 74.14 01-Mar-2005 304,000.00 302,117.41
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 -30 Year Fixed 3301091512 Loan Paid in Full (1) 5.500% 360 4
1 -30 Year Fixed 6174897832 Loan Paid in Full 0 5.625% 360 4
1 -30 Year Fixed 6233318317 Loan Paid in Full 0 5.750% 360 5
1 -30 Year Fixed 6379001446 Loan Paid in Full (1) 5.875% 360 5
1 -30 Year Fixed 6411088849 Loan Paid in Full 0 6.000% 360 5
1 -30 Year Fixed 6572119656 Loan Paid in Full 0 5.750% 360 5
1 -30 Year Fixed 6714993109 Loan Paid in Full (1) 5.875% 360 6
1 -30 Year Fixed 6937331624 Loan Paid in Full (1) 5.750% 360 6
2 -15 Year Fixed 3301340539 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6007033670 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6082716587 Loan Paid in Full 0 6.125% 360 6
2 -15 Year Fixed 6097924101 Loan Paid in Full 1 5.750% 360 6
2 -15 Year Fixed 6141788759 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6155494385 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6157749596 Loan Paid in Full 0 5.750% 360 8
2 -15 Year Fixed 6160003239 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6214318484 Loan Paid in Full 0 6.125% 360 6
2 -15 Year Fixed 6309620521 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6373680294 Loan Paid in Full (1) 5.875% 360 6
2 -15 Year Fixed 6429178178 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6532913081 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6605812079 Loan Paid in Full (1) 5.750% 360 6
2 -15 Year Fixed 6607471932 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6624535362 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6629327047 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6673726821 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6713323084 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6717926940 Loan Paid in Full 0 5.875% 360 5
2 -15 Year Fixed 6858556241 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6859571215 Loan Paid in Full (1) 5.750% 360 6
2 -15 Year Fixed 6879785605 Loan Paid in Full 0 5.875% 360 6
2 -15 Year Fixed 6924169581 Loan Paid in Full (1) 5.750% 360 5
2 -15 Year Fixed 6988514888 Loan Paid in Full 0 5.750% 360 5
2 -15 Year Fixed 6995034482 Loan Paid in Full 0 5.875% 360 5
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 2.047% Current Month 21.980% Current Month 2,122.714%
3 Month Average 1.134% 3 Month Average 12.533% 3 Month Average 1,405.087%
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>
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 10.244% N/A Apr-2005 4,319.109% N/A
May-2005 11.735% N/A May-2005 2,691.048% N/A
Jun-2005 5.955% N/A Jun-2005 936.202% N/A
Jul-2005 9.665% N/A Jul-2005 1,156.346% N/A
Aug-2005 21.980% N/A Aug-2005 2,122.714% 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 -30 Year Fixed
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.319% Current Month 14.729% Current Month 1,447.430%
3 Month Average 0.808% 3 Month Average 9.196% 3 Month Average 1,081.389%
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>
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 12.220% N/A Apr-2005 5,584.627% N/A
May-2005 11.874% N/A May-2005 2,841.445% N/A
Jun-2005 5.662% N/A Jun-2005 916.194% N/A
Jul-2005 7.198% N/A Jul-2005 880.544% N/A
Aug-2005 14.729% N/A Aug-2005 1,447.430% 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 -15 Year Fixed
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 3.231% Current Month 32.573% Current Month 3,058.136%
3 Month Average 1.662% 3 Month Average 17.508% 3 Month Average 1,862.145%
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>
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 6.949% N/A Apr-2005 2,603.942% N/A
May-2005 11.508% N/A May-2005 2,472.805% N/A
Jun-2005 6.427% N/A Jun-2005 965.927% N/A
Jul-2005 13.526% N/A Jul-2005 1,562.373% N/A
Aug-2005 32.573% N/A Aug-2005 3,058.136% 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 -30 Year Fixed 0 0.00 0.00 0.000%
2 -15 Year Fixed 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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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 -30 Year Fixed
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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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 -15 Year Fixed
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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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>
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 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-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>