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): September 26, 2005
ACE SECURITIES CORP. HOME EQUITY LOAN TRUST
Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-119047-05
Pooling and Servicing Agreement) (Commission 54-2165618
(State or other File Number) 54-2165619
jurisdiction IRS EIN
of Incorporation)
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 September 26, 2005 a distribution was made to holders of ACE SECURITIES
CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series
2005-HE1 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Asset Backed Pass-Through Certificates,
Series 2005-HE1 Trust, relating to the
September 26, 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.
ACE SECURITIES CORP. HOME EQUITY LOAN TRUST
Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Securities Administrator
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 9/27/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Asset Backed
Pass-Through Certificates, Series 2005-HE1 Trust,
relating to the September 26, 2005 distribution.
EX-99.1
ACE Securities Corporation
Asset Backed Pass-Through Certificates
Record Date: 8/31/2005
Distribution Date: 9/26/2005
ACE Securities Corporation
Asset Backed Pass-Through Certificates
Series ACE 2005-HE1
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>
A-1A 004421KP7 SEN 3.88125% 595,655,307.79 2,055,010.81
A-1B 004421KQ5 SEN 3.93125% 148,914,031.14 520,371.81
A-2A 004421KR3 SEN 3.76125% 132,074,509.93 441,569.11
A-2B 004421KS1 SEN 3.87125% 60,016,000.00 206,521.72
A-2C 004421KT9 SEN 3.99125% 47,430,000.00 168,271.10
M-1 004421KU6 SEN 4.12125% 58,509,000.00 214,337.97
M-2 004421KV4 SEN 4.14125% 49,271,000.00 181,372.03
M-3 004421KW2 SEN 4.19125% 30,024,000.00 111,856.08
M-4 004421KX0 SEN 4.36125% 29,255,000.00 113,411.88
M-5 004421KY8 SEN 4.42125% 36,953,000.00 145,225.29
M-6 004421KZ5 SEN 4.49125% 20,016,000.00 79,908.32
M-7 004421LA9 SEN 4.92125% 15,397,000.00 67,353.32
M-8 004421LB7 SEN 5.02125% 19,246,000.00 85,901.31
M-9 004421LC5 SEN 5.84125% 18,477,000.00 95,936.69
B-1 004421LD3 SEN 6.89125% 25,405,000.00 155,619.74
B-2 004421LE1 SEN 6.89125% 21,556,000.00 132,042.48
CE ACE05HE1CE SEN 0.00000% 10,778,018.64 2,553,543.93
CE-1 ACE05HE1CE1 SEN 0.00000% 0.00 16,440.41
P ACE05HE1P SEN 0.00000% 100.00 1,156,315.12
R ACE5HE1R1 SEN 0.00000% 0.00 0.00
Totals 1,318,976,967.50 8,501,009.12
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A-1A 37,133,868.95 0.00 558,521,438.84 39,188,879.76 0.00
A-1B 9,283,479.97 0.00 139,630,551.17 9,803,851.78 0.00
A-2A 12,071,400.08 0.00 120,003,109.85 12,512,969.19 0.00
A-2B 0.00 0.00 60,016,000.00 206,521.72 0.00
A-2C 0.00 0.00 47,430,000.00 168,271.10 0.00
M-1 0.00 0.00 58,509,000.00 214,337.97 0.00
M-2 0.00 0.00 49,271,000.00 181,372.03 0.00
M-3 0.00 0.00 30,024,000.00 111,856.08 0.00
M-4 0.00 0.00 29,255,000.00 113,411.88 0.00
M-5 0.00 0.00 36,953,000.00 145,225.29 0.00
M-6 0.00 0.00 20,016,000.00 79,908.32 0.00
M-7 0.00 0.00 15,397,000.00 67,353.32 0.00
M-8 0.00 0.00 19,246,000.00 85,901.31 0.00
M-9 0.00 0.00 18,477,000.00 95,936.69 0.00
B-1 0.00 0.00 25,405,000.00 155,619.74 0.00
B-2 0.00 0.00 21,556,000.00 132,042.48 0.00
CE 0.00 0.00 10,778,018.64 2,553,543.93 0.00
CE-1 0.00 0.00 0.00 16,440.41 0.00
P 0.00 0.00 100.00 1,156,315.12 0.00
R 0.00 0.00 0.00 0.00 0.00
Totals 58,488,749.00 0.00 1,260,488,218.50 66,989,758.12 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</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>
A-1A 729,291,000.00 595,655,307.79 0.00 37,133,868.95 0.00 0.00
A-1B 182,323,000.00 148,914,031.14 0.00 9,283,479.97 0.00 0.00
A-2A 185,769,000.00 132,074,509.93 0.00 12,071,400.08 0.00 0.00
A-2B 60,016,000.00 60,016,000.00 0.00 0.00 0.00 0.00
A-2C 47,430,000.00 47,430,000.00 0.00 0.00 0.00 0.00
M-1 58,509,000.00 58,509,000.00 0.00 0.00 0.00 0.00
M-2 49,271,000.00 49,271,000.00 0.00 0.00 0.00 0.00
M-3 30,024,000.00 30,024,000.00 0.00 0.00 0.00 0.00
M-4 29,255,000.00 29,255,000.00 0.00 0.00 0.00 0.00
M-5 36,953,000.00 36,953,000.00 0.00 0.00 0.00 0.00
M-6 20,016,000.00 20,016,000.00 0.00 0.00 0.00 0.00
M-7 15,397,000.00 15,397,000.00 0.00 0.00 0.00 0.00
M-8 19,246,000.00 19,246,000.00 0.00 0.00 0.00 0.00
M-9 18,477,000.00 18,477,000.00 0.00 0.00 0.00 0.00
B-1 25,405,000.00 25,405,000.00 0.00 0.00 0.00 0.00
B-2 21,556,000.00 21,556,000.00 0.00 0.00 0.00 0.00
CE 10,778,849.00 10,778,018.64 0.00 0.00 0.00 0.00
CE-1 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00
Totals 1,539,716,949.00 1,318,976,967.50 0.00 58,488,749.00 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>
A-1A 37,133,868.95 558,521,438.84 0.76584167 37,133,868.95
A-1B 9,283,479.97 139,630,551.17 0.76584167 9,283,479.97
A-2A 12,071,400.08 120,003,109.85 0.64598028 12,071,400.08
A-2B 0.00 60,016,000.00 1.00000000 0.00
A-2C 0.00 47,430,000.00 1.00000000 0.00
M-1 0.00 58,509,000.00 1.00000000 0.00
M-2 0.00 49,271,000.00 1.00000000 0.00
M-3 0.00 30,024,000.00 1.00000000 0.00
M-4 0.00 29,255,000.00 1.00000000 0.00
M-5 0.00 36,953,000.00 1.00000000 0.00
M-6 0.00 20,016,000.00 1.00000000 0.00
M-7 0.00 15,397,000.00 1.00000000 0.00
M-8 0.00 19,246,000.00 1.00000000 0.00
M-9 0.00 18,477,000.00 1.00000000 0.00
B-1 0.00 25,405,000.00 1.00000000 0.00
B-2 0.00 21,556,000.00 1.00000000 0.00
CE 0.00 10,778,018.64 0.99992296 0.00
CE-1 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
R 0.00 0.00 0.00000000 0.00
Totals 58,488,749.00 1,260,488,218.50 0.81864931 58,488,749.00
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>
A-1A 729,291,000.00 816.75943867 0.00000000 50.91776664 0.00000000
A-1B 182,323,000.00 816.75943869 0.00000000 50.91776666 0.00000000
A-2A 185,769,000.00 710.96097804 0.00000000 64.98070227 0.00000000
A-2B 60,016,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-2C 47,430,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-1 58,509,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 49,271,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-3 30,024,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-4 29,255,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-5 36,953,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-6 20,016,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-7 15,397,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-8 19,246,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-9 18,477,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-1 25,405,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-2 21,556,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
CE 10,778,849.00 999.92296395 0.00000000 0.00000000 0.00000000
CE-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000000 0.00000000 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>
A-1A 0.00000000 50.91776664 765.84167203 0.76584167 50.91776664
A-1B 0.00000000 50.91776666 765.84167203 0.76584167 50.91776666
A-2A 0.00000000 64.98070227 645.98027577 0.64598028 64.98070227
A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
CE 0.00000000 0.00000000 999.92296395 0.99992296 0.00000000
CE-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R 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>
A-1A 729,291,000.00 3.88125% 595,655,307.79 2,055,010.81 0.00 0.00
A-1B 182,323,000.00 3.93125% 148,914,031.14 520,371.81 0.00 0.00
A-2A 185,769,000.00 3.76125% 132,074,509.93 441,569.11 0.00 0.00
A-2B 60,016,000.00 3.87125% 60,016,000.00 206,521.72 0.00 0.00
A-2C 47,430,000.00 3.99125% 47,430,000.00 168,271.10 0.00 0.00
M-1 58,509,000.00 4.12125% 58,509,000.00 214,337.97 0.00 0.00
M-2 49,271,000.00 4.14125% 49,271,000.00 181,372.03 0.00 0.00
M-3 30,024,000.00 4.19125% 30,024,000.00 111,856.08 0.00 0.00
M-4 29,255,000.00 4.36125% 29,255,000.00 113,411.88 0.00 0.00
M-5 36,953,000.00 4.42125% 36,953,000.00 145,225.29 0.00 0.00
M-6 20,016,000.00 4.49125% 20,016,000.00 79,908.32 0.00 0.00
M-7 15,397,000.00 4.92125% 15,397,000.00 67,353.32 0.00 0.00
M-8 19,246,000.00 5.02125% 19,246,000.00 85,901.31 0.00 0.00
M-9 18,477,000.00 5.84125% 18,477,000.00 95,936.69 0.00 0.00
B-1 25,405,000.00 6.89125% 25,405,000.00 155,619.74 0.00 0.00
B-2 21,556,000.00 6.89125% 21,556,000.00 132,042.48 0.00 0.00
CE 10,778,849.00 0.00000% 1,318,976,967.50 0.00 0.00 0.00
CE-1 0.00 0.00000% 0.00 0.00 0.00 0.00
P 100.00 0.00000% 100.00 0.00 0.00 0.00
R 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 1,539,716,949.00 4,774,709.66 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>
A-1A 0.00 0.00 2,055,010.81 0.00 558,521,438.84
A-1B 0.00 0.00 520,371.81 0.00 139,630,551.17
A-2A 0.00 0.00 441,569.11 0.00 120,003,109.85
A-2B 0.00 0.00 206,521.72 0.00 60,016,000.00
A-2C 0.00 0.00 168,271.10 0.00 47,430,000.00
M-1 0.00 0.00 214,337.97 0.00 58,509,000.00
M-2 0.00 0.00 181,372.03 0.00 49,271,000.00
M-3 0.00 0.00 111,856.08 0.00 30,024,000.00
M-4 0.00 0.00 113,411.88 0.00 29,255,000.00
M-5 0.00 0.00 145,225.29 0.00 36,953,000.00
M-6 0.00 0.00 79,908.32 0.00 20,016,000.00
M-7 0.00 0.00 67,353.32 0.00 15,397,000.00
M-8 0.00 0.00 85,901.31 0.00 19,246,000.00
M-9 0.00 0.00 95,936.69 0.00 18,477,000.00
B-1 0.00 0.00 155,619.74 0.00 25,405,000.00
B-2 0.00 0.00 132,042.48 0.00 21,556,000.00
CE 0.00 0.00 2,553,543.93 0.00 1,260,488,218.50
CE-1 0.00 0.00 16,440.41 0.00 0.00
P 0.00 0.00 1,156,315.12 0.00 100.00
R 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 8,501,009.12 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>
A-1A 729,291,000.00 3.88125% 816.75943867 2.81782006 0.00000000 0.00000000
A-1B 182,323,000.00 3.93125% 816.75943869 2.85412049 0.00000000 0.00000000
A-2A 185,769,000.00 3.76125% 710.96097804 2.37697953 0.00000000 0.00000000
A-2B 60,016,000.00 3.87125% 1000.00000000 3.44111104 0.00000000 0.00000000
A-2C 47,430,000.00 3.99125% 1000.00000000 3.54777778 0.00000000 0.00000000
M-1 58,509,000.00 4.12125% 1000.00000000 3.66333333 0.00000000 0.00000000
M-2 49,271,000.00 4.14125% 1000.00000000 3.68111120 0.00000000 0.00000000
M-3 30,024,000.00 4.19125% 1000.00000000 3.72555556 0.00000000 0.00000000
M-4 29,255,000.00 4.36125% 1000.00000000 3.87666655 0.00000000 0.00000000
M-5 36,953,000.00 4.42125% 1000.00000000 3.93000000 0.00000000 0.00000000
M-6 20,016,000.00 4.49125% 1000.00000000 3.99222222 0.00000000 0.00000000
M-7 15,397,000.00 4.92125% 1000.00000000 4.37444437 0.00000000 0.00000000
M-8 19,246,000.00 5.02125% 1000.00000000 4.46333316 0.00000000 0.00000000
M-9 18,477,000.00 5.84125% 1000.00000000 5.19222222 0.00000000 0.00000000
B-1 25,405,000.00 6.89125% 1000.00000000 6.12555560 0.00000000 0.00000000
B-2 21,556,000.00 6.89125% 1000.00000000 6.12555576 0.00000000 0.00000000
CE 10,778,849.00 0.00000% 122367.14397799 0.00000000 0.00000000 0.00000000
CE-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000% 0.00000000 0.00000000 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>
A-1A 0.00000000 0.00000000 2.81782006 0.00000000 765.84167203
A-1B 0.00000000 0.00000000 2.85412049 0.00000000 765.84167203
A-2A 0.00000000 0.00000000 2.37697953 0.00000000 645.98027577
A-2B 0.00000000 0.00000000 3.44111104 0.00000000 1000.00000000
A-2C 0.00000000 0.00000000 3.54777778 0.00000000 1000.00000000
M-1 0.00000000 0.00000000 3.66333333 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 3.68111120 0.00000000 1000.00000000
M-3 0.00000000 0.00000000 3.72555556 0.00000000 1000.00000000
M-4 0.00000000 0.00000000 3.87666655 0.00000000 1000.00000000
M-5 0.00000000 0.00000000 3.93000000 0.00000000 1000.00000000
M-6 0.00000000 0.00000000 3.99222222 0.00000000 1000.00000000
M-7 0.00000000 0.00000000 4.37444437 0.00000000 1000.00000000
M-8 0.00000000 0.00000000 4.46333316 0.00000000 1000.00000000
M-9 0.00000000 0.00000000 5.19222222 0.00000000 1000.00000000
B-1 0.00000000 0.00000000 6.12555560 0.00000000 1000.00000000
B-2 0.00000000 0.00000000 6.12555576 0.00000000 1000.00000000
CE 0.00000000 0.00000000 236.90321017 0.00000000 116940.89215834
CE-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 11563151.20000000 0.00000000 1000.00000000
R 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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 66,355,124.35
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 462,913.46
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 1,156,315.12
Total Deposits 67,974,352.93
Withdrawals
Reimbursement for Servicer Advances 436,073.42
Payment of Service Fee 548,521.39
Payment of Interest and Principal 66,989,758.12
Total Withdrawals (Pool Distribution Amount) 67,974,352.93
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 533,133.33
Credit Risk Manager Fee - The Murrayhill Company 15,388.06
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 548,521.39
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Fund 1,000.00 26,025.55 26,025.55 1,000.00
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 15 0 0 15
1,793,854.19 0.00 0.00 1,793,854.19
30 Days 137 6 2 0 145
20,740,188.85 343,934.13 310,426.61 0.00 21,394,549.59
60 Days 81 6 5 0 92
12,333,392.32 816,568.96 911,553.80 0.00 14,061,515.08
90 Days 50 4 19 0 73
6,529,433.53 376,601.35 2,966,449.03 0.00 9,872,483.91
120 Days 35 3 22 0 60
4,632,375.31 364,471.52 3,339,025.82 0.00 8,335,872.65
150 Days 19 6 13 0 38
2,716,704.37 524,003.66 2,611,496.06 0.00 5,852,204.09
180+ Days 28 2 28 2 60
3,421,645.31 413,152.76 5,507,432.75 115,950.77 9,458,181.59
Totals 350 42 89 2 483
50,373,739.69 4,632,586.57 15,646,384.07 115,950.77 70,768,661.10
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 0.197368% 0.000000% 0.000000% 0.197368%
0.142257% 0.000000% 0.000000% 0.142257%
30 Days 1.802632% 0.078947% 0.026316% 0.000000% 1.907895%
1.644752% 0.027275% 0.024618% 0.000000% 1.696644%
60 Days 1.065789% 0.078947% 0.065789% 0.000000% 1.210526%
0.978071% 0.064756% 0.072289% 0.000000% 1.115115%
90 Days 0.657895% 0.052632% 0.250000% 0.000000% 0.960526%
0.517801% 0.029865% 0.235247% 0.000000% 0.782914%
120 Days 0.460526% 0.039474% 0.289474% 0.000000% 0.789474%
0.367360% 0.028904% 0.264794% 0.000000% 0.661057%
150 Days 0.250000% 0.078947% 0.171053% 0.000000% 0.500000%
0.215442% 0.041555% 0.207099% 0.000000% 0.464095%
180+ Days 0.368421% 0.026316% 0.368421% 0.026316% 0.789474%
0.271346% 0.032764% 0.436754% 0.009195% 0.750059%
Totals 4.605263% 0.552632% 1.171053% 0.026316% 6.355263%
3.994771% 0.367376% 1.240800% 0.009195% 5.612142%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 9 0 0 9
1,487,119.33 0.00 0.00 1,487,119.33
30 Days 89 2 1 0 92
15,104,638.39 264,842.05 258,751.59 0.00 15,628,232.03
60 Days 53 3 5 0 61
10,127,576.16 366,075.41 911,553.80 0.00 11,405,205.37
90 Days 33 2 18 0 53
5,179,696.78 280,622.72 2,352,198.91 0.00 7,812,518.41
120 Days 20 1 21 0 42
2,843,184.87 141,821.83 2,979,773.21 0.00 5,964,779.91
150 Days 9 4 11 0 24
1,655,043.19 467,320.37 2,008,253.49 0.00 4,130,617.05
180+ Days 16 2 26 1 45
2,968,946.46 413,152.76 4,930,229.04 68,367.75 8,380,696.01
Totals 220 23 82 1 326
37,879,085.85 3,420,954.47 13,440,760.04 68,367.75 54,809,168.11
0-29 Days 0.204685% 0.000000% 0.000000% 0.204685%
0.188120% 0.000000% 0.000000% 0.188120%
30 Days 2.024107% 0.045486% 0.022743% 0.000000% 2.092336%
1.910735% 0.033502% 0.032732% 0.000000% 1.976970%
60 Days 1.205367% 0.068228% 0.113714% 0.000000% 1.387310%
1.281137% 0.046308% 0.115311% 0.000000% 1.442757%
90 Days 0.750512% 0.045486% 0.409370% 0.000000% 1.205367%
0.655231% 0.035499% 0.297553% 0.000000% 0.988283%
120 Days 0.454856% 0.022743% 0.477598% 0.000000% 0.955197%
0.359663% 0.017940% 0.376941% 0.000000% 0.754544%
150 Days 0.204685% 0.090971% 0.250171% 0.000000% 0.545827%
0.209363% 0.059116% 0.254044% 0.000000% 0.522523%
180+ Days 0.363884% 0.045486% 0.591312% 0.022743% 1.023425%
0.375571% 0.052264% 0.623673% 0.008649% 1.060157%
Totals 5.003411% 0.523084% 1.864908% 0.022743% 7.414146%
4.791700% 0.432750% 1.700255% 0.008649% 6.933353%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 5 0 0 5
212,087.96 0.00 0.00 212,087.96
30 Days 35 4 1 0 40
1,464,842.40 79,092.08 51,675.02 0.00 1,595,609.50
60 Days 19 2 0 0 21
659,258.11 83,350.72 0.00 0.00 742,608.83
90 Days 14 2 0 0 16
606,846.05 95,978.63 0.00 0.00 702,824.68
120 Days 11 2 0 0 13
654,312.56 222,649.69 0.00 0.00 876,962.25
150 Days 8 2 1 0 11
469,278.72 56,683.29 223,743.96 0.00 749,705.97
180+ Days 12 0 1 1 14
452,698.85 0.00 65,684.86 47,583.02 565,966.73
Totals 99 17 3 1 120
4,307,236.69 749,842.37 341,103.84 47,583.02 5,445,765.92
0-29 Days 0.218531% 0.000000% 0.000000% 0.218531%
0.131364% 0.000000% 0.000000% 0.131364%
30 Days 1.529720% 0.174825% 0.043706% 0.000000% 1.748252%
0.907298% 0.048988% 0.032007% 0.000000% 0.988293%
60 Days 0.830420% 0.087413% 0.000000% 0.000000% 0.917832%
0.408333% 0.051626% 0.000000% 0.000000% 0.459959%
90 Days 0.611888% 0.087413% 0.000000% 0.000000% 0.699301%
0.375870% 0.059447% 0.000000% 0.000000% 0.435317%
120 Days 0.480769% 0.087413% 0.000000% 0.000000% 0.568182%
0.405270% 0.137905% 0.000000% 0.000000% 0.543175%
150 Days 0.349650% 0.087413% 0.043706% 0.000000% 0.480769%
0.290663% 0.035109% 0.138583% 0.000000% 0.464355%
180+ Days 0.524476% 0.000000% 0.043706% 0.043706% 0.611888%
0.280394% 0.000000% 0.040684% 0.029472% 0.350550%
Totals 4.326923% 0.743007% 0.131119% 0.043706% 5.244755%
2.667827% 0.464439% 0.211274% 0.029472% 3.373012%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 8 0 0 0 8
3,486,996.95 0.00 0.00 0.00 3,486,996.95
60 Days 2 1 0 0 3
943,392.43 367,142.83 0.00 0.00 1,310,535.26
90 Days 1 0 1 0 2
525,801.45 0.00 614,250.12 0.00 1,140,051.57
120 Days 2 0 1 0 3
997,076.36 0.00 359,252.61 0.00 1,356,328.97
150 Days 1 0 1 0 2
473,500.00 0.00 379,498.61 0.00 852,998.61
180+ Days 0 0 1 0 1
0.00 0.00 511,518.85 0.00 511,518.85
Totals 14 1 4 0 19
6,426,767.19 367,142.83 1,864,520.19 0.00 8,658,430.21
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.415929% 0.000000% 0.000000% 0.000000% 1.415929%
1.342421% 0.000000% 0.000000% 0.000000% 1.342421%
60 Days 0.353982% 0.176991% 0.000000% 0.000000% 0.530973%
0.363186% 0.141342% 0.000000% 0.000000% 0.504529%
90 Days 0.176991% 0.000000% 0.176991% 0.000000% 0.353982%
0.202423% 0.000000% 0.236473% 0.000000% 0.438896%
120 Days 0.353982% 0.000000% 0.176991% 0.000000% 0.530973%
0.383854% 0.000000% 0.138305% 0.000000% 0.522158%
150 Days 0.176991% 0.000000% 0.176991% 0.000000% 0.353982%
0.182288% 0.000000% 0.146099% 0.000000% 0.328387%
180+ Days 0.000000% 0.000000% 0.176991% 0.000000% 0.176991%
0.000000% 0.000000% 0.196924% 0.000000% 0.196924%
Totals 2.477876% 0.176991% 0.707965% 0.000000% 3.362832%
2.474171% 0.141342% 0.717801% 0.000000% 3.333315%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 1 0 0 1
94,646.90 0.00 0.00 94,646.90
30 Days 5 0 0 0 5
683,711.11 0.00 0.00 0.00 683,711.11
60 Days 7 0 0 0 7
603,165.62 0.00 0.00 0.00 603,165.62
90 Days 2 0 0 0 2
217,089.25 0.00 0.00 0.00 217,089.25
120 Days 2 0 0 0 2
137,801.52 0.00 0.00 0.00 137,801.52
150 Days 1 0 0 0 1
118,882.46 0.00 0.00 0.00 118,882.46
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 17 1 0 0 18
1,760,649.96 94,646.90 0.00 0.00 1,855,296.86
0-29 Days 0.285714% 0.000000% 0.000000% 0.285714%
0.192091% 0.000000% 0.000000% 0.192091%
30 Days 1.428571% 0.000000% 0.000000% 0.000000% 1.428571%
1.387629% 0.000000% 0.000000% 0.000000% 1.387629%
60 Days 2.000000% 0.000000% 0.000000% 0.000000% 2.000000%
1.224157% 0.000000% 0.000000% 0.000000% 1.224157%
90 Days 0.571429% 0.000000% 0.000000% 0.000000% 0.571429%
0.440594% 0.000000% 0.000000% 0.000000% 0.440594%
120 Days 0.571429% 0.000000% 0.000000% 0.000000% 0.571429%
0.279676% 0.000000% 0.000000% 0.000000% 0.279676%
150 Days 0.285714% 0.000000% 0.000000% 0.000000% 0.285714%
0.241278% 0.000000% 0.000000% 0.000000% 0.241278%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 4.857143% 0.285714% 0.000000% 0.000000% 5.142857%
3.573335% 0.192091% 0.000000% 0.000000% 3.765426%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 462,913.46
SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current
Original $ Original % Current $ Current % Class% Prepayment%
<s> <c> <c> <c> <c> <c> <c> <c>
Class M-1 276,378,949.00 17.94998419% 276,378,118.64 21.92627544% 4.641773% 0.000000%
Class M-2 227,107,949.00 14.74998045% 227,107,118.64 18.01739321% 3.908882% 0.000000%
Class M-3 197,083,949.00 12.80001166% 197,083,118.64 15.63545900% 2.381934% 0.000000%
Class M-4 167,828,949.00 10.89998711% 167,828,118.64 13.31453291% 2.320926% 0.000000%
Class B-1 32,334,949.00 2.10005800% 32,334,118.64 2.56520594% 2.015489% 0.000000%
Class B-2 10,778,949.00 0.70006042% 10,778,118.64 0.85507492% 1.710131% 0.000000%
Class CE 100.00 0.00000649% 100.00 0.00000793% 0.855067% 0.000000%
Class CE-1 100.00 0.00000649% 100.00 0.00000793% 0.000000% 0.000000%
Class P 0.00 0.00000000% 0.00 0.00000000% 0.000008% 0.000000%
Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
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 2 Oct-04 0.000%
Original Principal Balance 116,000.00 Nov-04 0.000%
Current Principal Balance 115,950.77 Dec-04 0.000%
Jan-05 0.000%
Current REO Total Feb-05 0.000%
Loans in REO 2 Mar-05 0.000%
Original Principal Balance 116,000.00 Apr-05 0.000%
Current Principal Balance 115,950.77 May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.009%
*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.
Group 1 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 1 Oct-04 0.000%
Original Principal Balance 68,400.00 Nov-04 0.000%
Current Principal Balance 68,367.75 Dec-04 0.000%
Jan-05 0.000%
Current REO Total Feb-05 0.000%
Loans in REO 1 Mar-05 0.000%
Original Principal Balance 68,400.00 Apr-05 0.000%
Current Principal Balance 68,367.75 May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.009%
*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.
Group 2 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 1 Oct-04 0.000%
Original Principal Balance 47,600.00 Nov-04 0.000%
Current Principal Balance 47,583.02 Dec-04 0.000%
Jan-05 0.000%
Current REO Total Feb-05 0.000%
Loans in REO 1 Mar-05 0.000%
Original Principal Balance 47,600.00 Apr-05 0.000%
Current Principal Balance 47,583.02 May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.029%
*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.
Group 3 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Oct-04 0.000%
Original Principal Balance 0.00 Nov-04 0.000%
Current Principal Balance 0.00 Dec-04 0.000%
Jan-05 0.000%
Current REO Total Feb-05 0.000%
Loans in REO 0 Mar-05 0.000%
Original Principal Balance 0.00 Apr-05 0.000%
Current Principal Balance 0.00 May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-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.
Group 4 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Oct-04 0.000%
Original Principal Balance 0.00 Nov-04 0.000%
Current Principal Balance 0.00 Dec-04 0.000%
Jan-05 0.000%
Current REO Total Feb-05 0.000%
Loans in REO 0 Mar-05 0.000%
Original Principal Balance 0.00 Apr-05 0.000%
Current Principal Balance 0.00 May-05 0.000%
Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-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>
Group 1 0110200439 Sep-2005 01-Jan-2005 TX 80.00 68,400.00
Group 2 0004452790 Sep-2005 01-Jan-2005 CO 100.00 47,600.00
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>
Group 1 0110200439 68,367.75 01-Jan-2005 6 9.700% 4,202.08
Group 2 0004452790 47,583.02 01-Jan-2005 6 11.000% 3,326.54
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 64 Oct-04 0.000%
Original Principal Balance 12,036,547.00 Nov-04 0.000%
Current Principal Balance 12,005,945.44 Dec-04 0.000%
Jan-05 0.000%
Current Foreclosure Total Feb-05 0.000%
Loans in Foreclosure 89 Mar-05 0.007%
Original Principal Balance 15,681,648.00 Apr-05 0.193%
Current Principal Balance 15,646,384.07 May-05 0.340%
Jun-05 0.351%
Jul-05 0.232%
Aug-05 0.316%
Sep-05 1.241%
*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.
Group 1 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 59 Oct-04 0.000%
Original Principal Balance 10,404,497.00 Nov-04 0.000%
Current Principal Balance 10,377,525.12 Dec-04 0.000%
Jan-05 0.000%
Current Foreclosure Total Feb-05 0.000%
Loans in Foreclosure 82 Mar-05 0.011%
Original Principal Balance 13,471,884.00 Apr-05 0.208%
Current Principal Balance 13,440,760.04 May-05 0.376%
Jun-05 0.388%
Jul-05 0.297%
Aug-05 0.428%
Sep-05 1.700%
*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.
Group 2 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 2 Oct-04 0.000%
Original Principal Balance 275,800.00 Nov-04 0.000%
Current Principal Balance 275,418.98 Dec-04 0.000%
Jan-05 0.000%
Current Foreclosure Total Feb-05 0.000%
Loans in Foreclosure 3 Mar-05 0.000%
Original Principal Balance 341,514.00 Apr-05 0.049%
Current Principal Balance 341,103.84 May-05 0.086%
Jun-05 0.088%
Jul-05 0.065%
Aug-05 0.067%
Sep-05 0.211%
*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.
Group 3 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 3 Oct-04 0.000%
Original Principal Balance 1,356,250.00 Nov-04 0.000%
Current Principal Balance 1,353,001.34 Dec-04 0.000%
Jan-05 0.000%
Current Foreclosure Total Feb-05 0.000%
Loans in Foreclosure 4 Mar-05 0.000%
Original Principal Balance 1,868,250.00 Apr-05 0.255%
Current Principal Balance 1,864,520.19 May-05 0.433%
Jun-05 0.450%
Jul-05 0.181%
Aug-05 0.189%
Sep-05 0.718%
*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.
Group 4 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Oct-04 0.000%
Original Principal Balance 0.00 Nov-04 0.000%
Current Principal Balance 0.00 Dec-04 0.000%
Jan-05 0.000%
Current Foreclosure Total Feb-05 0.000%
Loans in Foreclosure 0 Mar-05 0.000%
Original Principal Balance 0.00 Apr-05 0.077%
Current Principal Balance 0.00 May-05 0.079%
Jun-05 0.081%
Jul-05 0.000%
Aug-05 0.000%
Sep-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>
Group 1 0000001407 Sep-2005 01-Dec-2004 GA 75.00 149,017.00
Group 1 0000002037 Aug-2005 01-Jan-2005 SC 100.00 63,000.00
Group 1 0000002227 Sep-2005 01-Feb-2005 IN 95.00 42,750.00
Group 1 0003859787 Aug-2005 01-Jan-2005 CA 80.00 215,200.00
Group 1 0004100611 Aug-2005 01-Dec-2004 AZ 69.83 125,000.00
Group 1 0004452755 Sep-2005 01-Jan-2005 WY 68.91 107,500.00
Group 1 0081000994 Jul-2005 01-Nov-2004 MI 80.00 120,800.00
Group 1 0082600422 Sep-2005 01-Nov-2004 TX 77.18 60,200.00
Group 1 0100400495 Jul-2005 01-Dec-2004 IL 85.00 107,950.00
Group 1 0101100924 Sep-2005 01-Jan-2005 TX 89.05 154,500.00
Group 1 0101300231 Aug-2005 01-Jan-2005 TX 80.00 72,000.00
Group 1 0101400040 Aug-2005 01-Jan-2005 KY 80.00 135,920.00
Group 1 0101500233 Jul-2005 01-Jan-2005 MI 80.00 103,200.00
Group 1 0110101496 Sep-2005 01-Jan-2005 KY 75.00 58,875.00
Group 1 0110500159 Aug-2005 01-Jan-2005 TX 80.00 111,600.00
Group 1 0110901019 Sep-2005 01-Jan-2005 TX 80.00 86,784.00
Group 1 0111801203 Aug-2005 01-Jan-2005 IN 80.00 80,000.00
Group 1 0120300088 Aug-2005 01-Feb-2005 TX 80.00 101,486.00
Group 1 1000196816 Sep-2005 01-Dec-2004 CA 100.00 245,000.00
Group 1 1000198255 Sep-2005 01-Nov-2004 CA 80.00 172,720.00
Group 1 1000200201 Sep-2005 01-Dec-2004 FL 90.00 126,000.00
Group 1 1000200492 Apr-2005 01-Dec-2004 WA 80.00 260,000.00
Group 1 1000200530 Sep-2005 01-Dec-2004 WA 80.00 184,720.00
Group 1 1000200604 Sep-2005 01-Dec-2004 MI 85.00 80,750.00
Group 1 1000200922 Sep-2005 01-Dec-2004 CA 65.00 338,000.00
Group 1 1000202626 Sep-2005 01-Dec-2004 MI 66.08 56,169.00
Group 1 5000109214 Sep-2005 01-Oct-2004 OH 90.00 54,450.00
Group 1 5000114059 May-2005 01-Jan-2005 MA 80.00 192,800.00
Group 1 5000115378 Sep-2005 01-Dec-2004 IL 58.06 90,000.00
Group 1 5000115545 Sep-2005 01-Dec-2004 MN 80.00 138,400.00
Group 1 5000115808 Sep-2005 01-Nov-2004 TX 90.00 179,053.00
Group 1 5000116140 Apr-2005 01-Dec-2004 MI 70.00 115,500.00
Group 1 5000116188 Sep-2005 01-Nov-2004 IL 85.00 68,000.00
Group 1 5000116639 Sep-2005 01-Dec-2004 CT 80.00 174,400.00
Group 1 5000117842 Sep-2005 01-Dec-2004 MN 90.00 139,500.00
Group 1 5000118115 Sep-2005 01-Dec-2004 KY 85.00 66,725.00
Group 1 5000118551 Sep-2005 01-Dec-2004 IL 80.00 327,200.00
Group 1 5000118576 Sep-2005 01-Dec-2004 IN 90.00 50,400.00
Group 1 5000118849 Sep-2005 01-Dec-2004 IL 100.00 140,000.00
Group 1 5000119017 Sep-2005 01-Dec-2004 MI 90.00 60,300.00
Group 1 5000119150 Aug-2005 01-Dec-2004 OH 100.00 52,000.00
Group 1 5000119288 Sep-2005 01-Dec-2004 IL 90.00 329,400.00
Group 1 5000119953 Sep-2005 01-Dec-2004 MI 80.00 72,000.00
Group 1 5000120286 Sep-2005 01-Dec-2004 IL 90.00 102,150.00
Group 1 5000120355 May-2005 01-Jan-2005 TX 90.00 216,000.00
Group 1 5000120640 May-2005 01-Jan-2005 MI 85.00 57,800.00
Group 1 5000121055 May-2005 01-Jan-2005 CO 80.00 262,856.00
Group 1 5000121392 May-2005 01-Jan-2005 IL 100.00 124,000.00
Group 1 5000121717 Sep-2005 01-Dec-2004 TX 90.00 226,424.00
Group 1 6000117115 Sep-2005 01-Dec-2004 MD 65.00 221,000.00
Group 1 6000117179 Sep-2005 01-Nov-2004 GA 100.00 128,000.00
Group 1 6000117743 Sep-2005 01-Dec-2004 NY 90.00 306,000.00
Group 1 6000117887 Sep-2005 01-Dec-2004 IL 80.00 92,000.00
Group 1 6000118044 Sep-2005 01-Dec-2004 NY 95.00 375,250.00
Group 1 6000118386 Sep-2005 01-Nov-2004 GA 90.00 110,610.00
Group 1 6000118771 Sep-2005 01-Dec-2004 MA 80.00 313,600.00
Group 1 6000119254 Sep-2005 01-Dec-2004 MD 90.00 107,100.00
Group 1 6000120048 Sep-2005 01-Dec-2004 GA 90.00 102,600.00
Group 1 6000120171 Sep-2005 01-Dec-2004 GA 90.00 103,500.00
Group 1 6000120249 May-2005 01-Jan-2005 FL 85.00 72,675.00
Group 1 6000121264 Sep-2005 01-Dec-2004 MO 80.00 61,600.00
Group 1 6000121939 May-2005 01-Jan-2005 GA 80.00 208,000.00
Group 1 6000123145 Sep-2005 01-Jan-2005 NJ 75.00 187,500.00
Group 1 7000116717 Sep-2005 01-Dec-2004 MI 85.00 100,300.00
Group 1 7000118618 Sep-2005 01-Dec-2004 IL 80.00 280,000.00
Group 1 7000119209 Sep-2005 01-Dec-2004 GA 80.00 108,800.00
Group 1 7000119726 Sep-2005 01-Dec-2004 NJ 75.00 318,750.00
Group 1 7000120098 Sep-2005 01-Dec-2004 WA 75.00 240,000.00
Group 1 7000120334 Sep-2005 01-Dec-2004 CA 65.00 286,000.00
Group 1 7000120628 May-2005 01-Jan-2005 GA 90.00 126,000.00
Group 1 7000121519 Sep-2005 01-Dec-2004 NV 80.00 200,000.00
Group 1 7000122336 May-2005 01-Jan-2005 NC 80.00 143,600.00
Group 1 8000020020 Sep-2005 01-Dec-2004 NJ 80.00 254,400.00
Group 1 8000021225 Sep-2005 01-Nov-2004 NJ 80.00 304,000.00
Group 1 8000022009 Sep-2005 01-Dec-2004 NY 63.49 200,000.00
Group 1 8000023461 Sep-2005 01-Dec-2004 NY 50.00 300,000.00
Group 1 8000024245 Sep-2005 01-Dec-2004 NY 69.58 167,000.00
Group 1 8000024262 Sep-2005 01-Dec-2004 MA 90.00 346,500.00
Group 1 8000024286 Sep-2005 01-Dec-2004 NY 65.00 178,750.00
Group 1 8000025359 Sep-2005 01-Dec-2004 NY 65.00 315,250.00
Group 1 8000025517 Sep-2005 01-Dec-2004 MA 80.00 281,600.00
Group 1 8000025986 Sep-2005 01-Jan-2005 NJ 90.00 333,000.00
Group 2 0004113072 Sep-2005 01-Jan-2005 GA 100.00 51,800.00
Group 2 5000121154 May-2005 01-Jan-2005 CO 100.00 65,714.00
Group 2 8000023766 Sep-2005 01-Jan-2005 NJ 80.00 224,000.00
Group 3 5000113184 Sep-2005 01-Dec-2004 TX 80.00 360,000.00
Group 3 5000121635 May-2005 01-Jan-2005 NY 80.00 512,000.00
Group 3 8000025083 Sep-2005 01-Jan-2005 NJ 100.00 380,000.00
Group 3 8000027101 Sep-2005 01-Jan-2005 NJ 85.00 616,250.00
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>
Group 1 0000001407 148,383.75 01-Apr-2005 3 6.875% 4,107.38
Group 1 0000002037 62,884.41 01-Mar-2005 4 8.490% 2,596.20
Group 1 0000002227 42,700.62 01-Mar-2005 4 8.750% 1,818.50
Group 1 0003859787 215,024.50 01-Mar-2005 4 6.750% 6,722.25
Group 1 0004100611 125,000.00 01-Mar-2005 4 6.500% 3,750.00
Group 1 0004452755 107,426.44 01-May-2005 2 6.125% 2,014.15
Group 1 0081000994 120,268.43 01-Jan-2005 6 7.900% 5,946.21
Group 1 0082600422 59,947.18 01-May-2005 2 7.900% 1,478.68
Group 1 0100400495 107,792.45 01-Jan-2005 6 7.600% 5,114.00
Group 1 0101100924 154,323.41 01-Apr-2005 3 8.800% 5,330.17
Group 1 0101300231 72,000.00 01-Feb-2005 5 8.450% 3,331.04
Group 1 0101400040 135,724.13 01-Mar-2005 4 9.650% 6,201.71
Group 1 0101500233 103,065.22 01-Feb-2005 5 8.150% 4,590.06
Group 1 0110101496 58,745.71 01-Apr-2005 3 7.600% 1,735.04
Group 1 0110500159 111,600.00 01-Apr-2005 3 6.400% 2,743.50
Group 1 0110901019 86,467.47 01-Apr-2005 3 6.900% 2,303.25
Group 1 0111801203 79,799.16 01-Mar-2005 4 7.600% 2,832.99
Group 1 0120300088 101,486.00 01-Apr-2005 3 6.650% 2,600.55
Group 1 1000196816 244,596.38 01-Jan-2005 6 6.990% 10,550.62
Group 1 1000198255 171,729.78 01-Mar-2005 4 5.300% 4,109.40
Group 1 1000200201 125,668.34 01-Mar-2005 4 8.250% 4,861.56
Group 1 1000200492 258,751.59 01-Jun-2005 1 7.990% 4,841.68
Group 1 1000200530 184,107.81 01-Mar-2005 4 6.990% 5,961.60
Group 1 1000200604 80,492.85 01-Apr-2005 3 8.350% 2,629.35
Group 1 1000200922 337,482.57 01-Jan-2005 6 7.250% 15,144.12
Group 1 1000202626 56,072.79 01-Mar-2005 4 9.190% 2,433.04
Group 1 5000109214 54,211.70 01-Apr-2005 3 8.450% 1,793.43
Group 1 5000114059 192,648.09 01-Jan-2005 6 7.200% 8,580.76
Group 1 5000115378 89,924.18 01-Jan-2005 6 10.250% 5,836.17
Group 1 5000115545 138,080.53 01-Feb-2005 5 7.350% 5,504.41
Group 1 5000115808 178,741.66 01-Jan-2005 6 8.750% 9,810.21
Group 1 5000116140 115,367.98 01-Jan-2005 6 8.800% 6,370.57
Group 1 5000116188 67,860.26 01-Feb-2005 5 9.350% 3,497.70
Group 1 5000116639 173,676.83 01-Apr-2005 3 7.000% 4,695.72
Group 1 5000117842 139,094.27 01-Mar-2005 4 7.650% 4,963.33
Group 1 5000118115 66,520.00 01-Apr-2005 3 8.500% 2,214.52
Group 1 5000118551 326,061.38 01-Mar-2005 4 6.850% 10,329.88
Group 1 5000118576 50,182.13 01-Apr-2005 3 8.000% 1,565.99
Group 1 5000118849 139,631.79 01-Mar-2005 4 8.150% 5,331.89
Group 1 5000119017 60,082.86 01-Mar-2005 4 8.250% 2,325.51
Group 1 5000119150 51,840.22 01-Apr-2005 3 8.500% 1,725.81
Group 1 5000119288 328,825.60 01-Jan-2005 6 6.700% 13,549.08
Group 1 5000119953 71,845.77 01-Mar-2005 4 9.150% 3,103.02
Group 1 5000120286 101,791.72 01-Mar-2005 4 6.700% 3,148.45
Group 1 5000120355 215,855.06 01-Jan-2005 6 8.000% 10,766.86
Group 1 5000120640 57,769.08 01-Jan-2005 6 9.100% 3,305.76
Group 1 5000121055 262,644.75 01-Jan-2005 6 7.100% 11,523.24
Group 1 5000121392 123,924.72 01-Jan-2005 6 8.490% 6,586.67
Group 1 5000121717 225,470.76 01-May-2005 2 8.450% 5,969.18
Group 1 6000117115 220,850.08 01-Jan-2005 6 11.250% 15,808.17
Group 1 6000117179 127,676.08 01-Jan-2005 6 7.800% 6,197.77
Group 1 6000117743 304,719.53 01-Mar-2005 4 5.990% 8,343.01
Group 1 6000117887 91,793.62 01-Feb-2005 5 7.500% 3,739.63
Group 1 6000118044 375,250.00 01-Jan-2005 6 7.400% 17,261.52
Group 1 6000118386 110,200.73 01-Apr-2005 3 8.500% 3,668.65
Group 1 6000118771 313,079.29 01-Jan-2005 6 6.950% 13,422.42
Group 1 6000119254 106,697.59 01-Apr-2005 3 7.500% 3,107.20
Group 1 6000120048 102,318.57 01-Mar-2005 4 7.950% 3,804.67
Group 1 6000120171 103,187.05 01-Mar-2005 4 7.450% 3,578.80
Group 1 6000120249 72,629.59 01-Jan-2005 6 8.350% 3,792.45
Group 1 6000121264 61,517.89 01-Jan-2005 6 8.050% 3,088.99
Group 1 6000121939 207,808.27 01-Jan-2005 6 6.400% 8,146.97
Group 1 6000123145 186,899.87 01-May-2005 2 8.300% 4,854.60
Group 1 7000116717 99,875.88 01-Apr-2005 3 6.900% 2,658.73
Group 1 7000118618 279,603.47 01-Jan-2005 6 7.750% 13,479.87
Group 1 7000119209 108,626.32 01-Jan-2005 6 7.150% 4,802.00
Group 1 7000119726 318,270.63 01-Jan-2005 6 7.450% 14,706.84
Group 1 7000120098 239,627.74 01-Feb-2005 5 9.300% 12,281.23
Group 1 7000120334 285,052.47 01-Apr-2005 3 11.990% 13,643.11
Group 1 7000120628 125,891.51 01-Jan-2005 6 6.750% 5,229.41
Group 1 7000121519 199,573.78 01-Feb-2005 5 7.750% 8,421.85
Group 1 7000122336 143,459.76 01-Jan-2005 6 6.100% 5,337.21
Group 1 8000020020 253,795.79 01-Mar-2005 4 8.650% 10,326.37
Group 1 8000021225 303,023.68 01-Feb-2005 5 7.150% 11,725.69
Group 1 8000022009 199,725.20 01-Jan-2005 6 7.900% 9,828.83
Group 1 8000023461 299,205.59 01-Apr-2005 3 8.150% 9,521.81
Group 1 8000024245 166,658.14 01-Feb-2005 5 7.950% 7,227.46
Group 1 8000024262 345,776.27 01-Feb-2005 5 7.850% 14,793.36
Group 1 8000024286 178,532.94 01-Mar-2005 4 11.800% 10,079.15
Group 1 8000025359 313,236.58 01-Apr-2005 3 7.750% 9,458.77
Group 1 8000025517 280,794.25 01-Feb-2005 5 6.250% 9,390.77
Group 1 8000025986 331,809.55 01-May-2005 2 7.750% 8,009.90
Group 2 0004113072 51,675.02 01-Jun-2005 1 11.250% 1,388.93
Group 2 5000121154 65,684.86 01-Jan-2005 6 9.990% 4,149.06
Group 2 8000023766 223,743.96 01-Feb-2005 5 8.800% 10,813.90
Group 3 5000113184 359,252.61 01-Mar-2005 4 9.300% 15,785.92
Group 3 5000121635 511,518.85 01-Jan-2005 6 6.300% 19,712.58
Group 3 8000025083 379,498.61 01-Feb-2005 5 8.100% 16,790.39
Group 3 8000027101 614,250.12 01-Apr-2005 3 7.100% 16,863.82
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.181216%
Weighted Average Net Coupon 6.696173%
Weighted Average Pass-Through Rate 6.682173%
Weighted Average Maturity(Stepdown Calculation) 345
Beginning Scheduled Collateral Loan Count 7,933
Number Of Loans Paid In Full 333
Ending Scheduled Collateral Loan Count 7,600
Beginning Scheduled Collateral Balance 1,318,976,967.50
Ending Scheduled Collateral Balance 1,260,488,218.50
Ending Actual Collateral Balance at 31-Aug-2005 1,260,991,923.50
Monthly P&I Constant 8,704,614.46
Special Servicing Fee 0.00
Prepayment Penalties 1,156,315.12
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 811,620.26
Unscheduled Principal 57,677,128.74
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 10,778,018.65
Overcollateralized Amount 10,778,018.65
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 0.00
Excess Cash Amount 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Coupon Rate 7.181216%
Weighted Average Net Rate 6.696173%
Weighted Average Pass Through Rate 6.682173%
Weighted Average Maturity 345
Record Date 08/31/2005
Principal and Interest Constant 8,704,614.46
Beginning Loan Count 7,933
Loans Paid in Full 333
Ending Loan Count 7,600
Beginning Scheduled Balance 1,318,976,967.50
Ending Scheduled Balance 1,260,488,218.50
Ending Actual Balance at 31-Aug-2005 1,260,991,923.50
Scheduled Principal 811,620.26
Unscheduled Principal 57,677,128.74
Scheduled Interest 7,892,994.20
Servicing Fee 533,133.33
Master Servicing Fee 0.00
Trustee Fee 0.00
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 15,388.06
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 7,344,472.81
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Special Servicing Fee 0.00
Prepayment Penalties 1,156,315.12
Required Overcollateralized Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized Reduction Amount 0.00
Specified O/C Amount 10,778,018.65
Overcollateralized Amount 10,778,018.65
Overcollateralized Deficiency Amount 0.00
Base Overcollateralization Amount 0.00
Group Level Collateral Statement
Group Group 1 Group 2 Group 3
Collateral Description Mixed ARM Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 7.081810 8.411472 6.467029
Weighted Average Net Rate 6.597647 7.925593 5.979323
Weighted Average Maturity 351 314 351
Beginning Loan Count 4,586 2,395 588
Loans Paid In Full 189 107 23
Ending Loan Count 4,397 2,288 565
Beginning Scheduled Balance 828,154,649.20 169,801,852.24 270,477,589.43
Ending Scheduled Balance 790,152,899.32 161,386,253.20 259,693,489.09
Record Date 08/31/2005 08/31/2005 08/31/2005
Principal And Interest Constant 5,386,692.30 1,343,713.56 1,576,128.93
Scheduled Principal 499,330.50 153,477.29 118,473.48
Unscheduled Principal 37,502,419.38 8,262,121.75 10,665,626.86
Scheduled Interest 4,887,361.80 1,190,236.27 1,457,655.45
Servicing Fees 334,135.33 68,752.67 109,928.06
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 0.00 0.00 0.00
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 9,661.80 1,981.02 3,155.57
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 4,543,564.67 1,119,502.58 1,344,571.82
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 6.583647 7.911593 5.965323
Group Level Collateral Statement
Group Group 4 Total
Collateral Description Mixed Fixed Mixed Fixed & Arm
Weighted Average Coupon Rate 8.493557 7.181216
Weighted Average Net Rate 8.011180 6.696173
Weighted Average Maturity 311 345
Beginning Loan Count 364 7,933
Loans Paid In Full 14 333
Ending Loan Count 350 7,600
Beginning Scheduled Balance 50,542,876.63 1,318,976,967.50
Ending scheduled Balance 49,255,576.89 1,260,488,218.50
Record Date 08/31/2005 08/31/2005
Principal And Interest Constant 398,079.67 8,704,614.46
Scheduled Principal 40,338.99 811,620.26
Unscheduled Principal 1,246,960.75 57,677,128.74
Scheduled Interest 357,740.68 7,892,994.20
Servicing Fees 20,317.27 533,133.33
Master Servicing Fees 0.00 0.00
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 589.67 15,388.06
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 336,833.74 7,344,472.81
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 7.997180 6.682173
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>
Group 1 189 37,693,652.40 37,498,418.07 0 0.00 0.00
Group 2 107 8,312,348.00 8,243,198.16 0 0.00 0.00
Group 3 23 10,712,200.00 10,667,231.10 0 0.00 0.00
Group 4 14 1,250,932.00 1,245,807.43 0 0.00 0.00
Total 333 57,969,132.40 57,654,654.76 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>
Group 1 0 0.00 0.00 0 0.00 0.00 25,521.99
Group 2 0 0.00 0.00 0 0.00 0.00 25,374.64
Group 3 0 0.00 0.00 0 0.00 0.00 3,818.22
Group 4 0 0.00 0.00 0 0.00 0.00 1,706.65
Total 0 0.00 0.00 0 0.00 0.00 56,421.50
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>
Group 1 0000001033 CA 79.03 01-Nov-2004 122,500.00 122,500.00
Group 1 0000001083 FL 80.00 01-Nov-2004 161,570.00 161,570.00
Group 1 0000001119 CA 80.00 01-Dec-2004 326,287.00 326,287.00
Group 1 0000001137 AZ 79.99 01-Nov-2004 214,050.00 214,050.00
Group 1 0000001242 AZ 90.00 01-Dec-2004 145,296.00 144,107.28
Group 1 0000001306 CO 80.00 01-Oct-2004 170,400.00 170,399.50
Group 1 0000001412 CA 80.00 01-Dec-2004 204,000.00 204,000.00
Group 1 0000001437 AZ 94.99 01-Dec-2004 255,000.00 254,936.87
Group 1 0000001583 NC 64.97 01-Dec-2004 123,435.00 122,420.39
Group 1 0000001621 AZ 86.69 01-Dec-2004 107,500.00 106,827.63
Group 1 0000001691 AZ 80.00 01-Dec-2004 110,400.00 109,515.00
Group 1 0002060259 NV 73.85 01-Dec-2004 144,000.00 143,234.24
Group 1 0002060845 CA 71.72 01-Dec-2004 312,000.00 309,922.91
Group 1 0002062153 PA 80.00 01-Dec-2004 176,000.00 174,427.67
Group 1 0002063091 MD 80.00 01-Dec-2004 232,000.00 230,764.85
Group 1 0002064040 MD 78.69 01-Dec-2004 240,000.00 238,137.42
Group 1 0003131883 CA 75.00 01-Jan-2005 321,750.00 321,749.20
Group 1 0003131972 CA 75.00 01-Jan-2005 278,950.00 278,864.29
Group 1 0003251301 WA 80.00 01-Oct-2004 140,000.00 140,000.00
Group 1 0003367761 CA 80.00 01-Jan-2005 320,000.00 320,000.00
Group 1 0003367900 CA 85.00 01-Jan-2005 242,250.00 242,250.00
Group 1 0003367901 CA 80.00 01-Jan-2005 320,000.00 320,000.00
Group 1 0003550813 CA 80.00 01-Jan-2005 184,000.00 184,000.00
Group 1 0003700739 CA 80.00 01-Jan-2005 197,600.00 197,544.43
Group 1 0003859680 CA 80.00 01-Jan-2005 256,000.00 256,000.00
Group 1 0004090100 CA 72.26 01-Jan-2005 281,800.00 280,086.75
Group 1 0004092205 CA 80.00 01-Jan-2005 160,000.00 159,999.99
Group 1 0004092304 CA 70.00 01-Jan-2005 189,000.00 188,217.18
Group 1 0004100127 CA 80.00 01-Dec-2004 276,000.00 274,048.08
Group 1 0004100284 AZ 80.00 01-Dec-2004 135,120.00 135,094.85
Group 1 0004100523 AZ 90.00 01-Dec-2004 145,800.00 145,800.00
Group 1 0004101807 CA 58.29 01-Jan-2005 211,000.00 209,597.01
Group 1 0004110508 MO 85.00 01-Jan-2005 77,775.00 77,501.54
Group 1 0004313574 WA 95.00 01-Jan-2005 204,250.00 204,249.91
Group 1 0004452613 CO 79.99 01-Jan-2005 126,450.00 126,450.00
Group 1 0004600395 AZ 79.99 01-Jan-2005 153,250.00 153,250.00
Group 1 0021026671 CA 80.00 01-Jan-2005 292,000.00 292,000.00
Group 1 0021027780 CA 80.00 01-Feb-2005 242,400.00 240,655.70
Group 1 0021028847 CA 72.87 01-Feb-2005 333,000.00 333,000.00
Group 1 0092000501 IL 80.00 01-Dec-2004 216,000.00 215,425.46
Group 1 0101200245 WA 38.46 01-Dec-2004 100,000.00 99,176.43
Group 1 0101400468 AZ 80.00 01-Jan-2005 108,000.00 108,000.00
Group 1 0101900438 IL 80.00 01-Dec-2004 118,400.00 117,205.68
Group 1 0102100416 MN 80.00 01-Jan-2005 132,000.00 131,544.26
Group 1 0102501800 CA 85.00 01-Dec-2004 246,500.00 246,500.00
Group 1 0102900931 MI 80.00 01-Jan-2005 66,400.00 66,121.83
Group 1 0111900491 OH 85.00 01-Jan-2005 86,700.00 86,251.68
Group 1 1000192244 AZ 85.00 01-Nov-2004 147,857.00 146,574.35
Group 1 1000193299 FL 70.00 01-Dec-2004 84,000.00 77,652.00
Group 1 1000195420 MD 80.00 01-Dec-2004 216,000.00 214,281.83
Group 1 1000195686 CA 65.00 01-Nov-2004 126,750.00 125,743.50
Group 1 1000196407 RI 75.00 01-Nov-2004 217,500.00 215,609.27
Group 1 1000196434 CA 80.00 01-Dec-2004 238,000.00 236,200.93
Group 1 1000197590 CA 80.00 01-Dec-2004 324,000.00 324,000.00
Group 1 1000198216 CA 63.24 01-Dec-2004 117,000.00 116,038.08
Group 1 1000198706 AZ 85.00 01-Dec-2004 165,750.00 165,750.00
Group 1 1000199088 CO 85.00 01-Dec-2004 151,300.00 149,562.07
Group 1 1000199181 CA 80.00 01-Dec-2004 113,600.00 112,502.85
Group 1 1000199712 FL 80.00 01-Dec-2004 192,000.00 192,000.00
Group 1 1000199771 AZ 90.00 01-Dec-2004 342,000.00 339,116.31
Group 1 1000199971 CA 82.44 01-Dec-2004 338,000.00 334,427.46
Group 1 1000200266 CA 87.67 01-Dec-2004 320,000.00 316,735.53
Group 1 1000200409 MD 90.00 01-Jan-2005 214,200.00 212,242.00
Group 1 1000200448 CA 80.00 01-Dec-2004 352,000.00 349,558.62
Group 1 1000200498 CA 69.31 01-Dec-2004 249,500.00 247,600.35
Group 1 1000200502 CA 65.00 01-Dec-2004 250,250.00 249,176.41
Group 1 1000200731 CA 80.00 01-Dec-2004 240,000.00 237,976.32
Group 1 1000201405 CO 85.00 01-Dec-2004 195,500.00 193,963.08
Group 1 1000201553 CA 80.00 01-Jan-2005 152,000.00 152,000.00
Group 1 1000201654 CA 80.00 01-Jan-2005 204,000.00 202,820.50
Group 1 1000202110 CA 80.00 01-Dec-2004 234,400.00 234,400.00
Group 1 1000202131 WV 85.00 01-Jan-2005 125,800.00 124,751.95
Group 1 1000202664 UT 80.00 01-Jan-2005 109,600.00 108,625.44
Group 1 1000202771 MD 80.00 01-Jan-2005 56,960.00 56,613.71
Group 1 1000203068 CA 55.46 01-Dec-2004 269,000.00 266,847.81
Group 1 1000203100 IN 88.64 01-Dec-2004 165,750.00 163,900.68
Group 1 1000203154 VA 80.00 01-Dec-2004 224,000.00 222,021.84
Group 1 1000203183 CA 80.00 01-Dec-2004 158,400.00 157,052.45
Group 1 1000203225 MD 75.00 01-Dec-2004 198,750.00 197,506.81
Group 1 1000203616 CA 75.00 01-Dec-2004 165,000.00 165,000.00
Group 1 1000203663 CA 80.00 01-Dec-2004 167,200.00 165,416.15
Group 1 1000203877 CA 71.43 01-Dec-2004 100,000.00 99,355.31
Group 1 1000203956 AZ 88.89 01-Jan-2005 200,000.00 198,474.89
Group 1 1000203966 CA 80.00 01-Dec-2004 325,600.00 323,583.91
Group 1 1000204050 CA 80.00 01-Dec-2004 204,000.00 204,000.00
Group 1 1000204349 CA 80.00 01-Dec-2004 260,000.00 260,000.00
Group 1 1000205451 CA 80.00 01-Jan-2005 228,000.00 226,104.22
Group 1 1000205540 VA 80.00 01-Jan-2005 295,460.00 295,460.00
Group 1 1000206450 AZ 80.00 01-Jan-2005 165,600.00 165,600.00
Group 1 1000207184 CA 80.00 01-Jan-2005 248,400.00 246,086.33
Group 1 1000207252 CA 90.00 01-Jan-2005 247,500.00 245,837.99
Group 1 1000207342 CA 66.84 01-Jan-2005 235,000.00 233,387.32
Group 1 1000207609 CA 61.11 01-Jan-2005 330,000.00 328,568.47
Group 1 1000208339 NV 87.57 01-Jan-2005 162,000.00 160,774.17
Group 1 1000208934 CA 59.11 01-Jan-2005 266,000.00 263,404.21
Group 1 1000209277 AZ 80.00 01-Jan-2005 130,400.00 129,532.93
Group 1 1000209290 VA 80.00 01-Jan-2005 266,400.00 264,180.12
Group 1 1000209319 NC 85.00 01-Jan-2005 118,915.00 118,270.25
Group 1 1000211016 CA 80.00 01-Jan-2005 240,000.00 238,248.38
Group 1 1200016258 CA 54.29 01-Jan-2005 133,000.00 131,646.28
Group 1 2000014668 CA 80.00 01-Feb-2005 352,000.00 352,000.00
Group 1 2000015450 NV 80.00 01-Feb-2005 292,000.00 291,987.95
Group 1 2000016748 CA 80.00 01-Feb-2005 164,400.00 163,222.64
Group 1 5000115077 MN 90.00 01-Dec-2004 175,500.00 175,500.00
Group 1 5000117043 GA 90.00 01-Nov-2004 109,800.00 108,997.47
Group 1 5000117124 NJ 90.00 01-Dec-2004 112,500.00 111,533.10
Group 1 5000117420 MA 64.79 01-Dec-2004 230,000.00 228,278.10
Group 1 5000117777 MI 90.00 01-Dec-2004 162,000.00 160,760.89
Group 1 5000117783 NJ 90.00 01-Dec-2004 256,500.00 254,308.56
Group 1 5000117984 WI 95.00 01-Dec-2004 269,800.00 267,329.11
Group 1 5000118056 MA 80.00 01-Dec-2004 184,000.00 182,860.63
Group 1 5000118083 MN 90.00 01-Dec-2004 203,400.00 201,643.75
Group 1 5000118560 FL 85.00 01-Dec-2004 167,450.00 165,853.85
Group 1 5000119196 WI 75.00 01-Jan-2005 94,450.00 93,966.50
Group 1 5000120673 WI 69.48 01-Jan-2005 148,000.00 147,178.10
Group 1 5000121068 MO 90.00 01-Dec-2004 91,800.00 90,856.62
Group 1 5000121395 WI 80.00 01-Dec-2004 146,720.00 145,532.30
Group 1 5000121794 MN 85.00 01-Jan-2005 165,750.00 164,579.98
Group 1 5000122319 IL 90.00 01-Jan-2005 185,400.00 183,767.97
Group 1 5000124274 MN 90.00 01-Jan-2005 182,709.00 181,457.65
Group 1 6000112149 NJ 90.00 01-Nov-2004 229,500.00 227,132.58
Group 1 6000116970 NJ 80.00 01-Nov-2004 212,000.00 210,012.65
Group 1 6000117679 FL 90.00 01-Nov-2004 189,000.00 187,627.70
Group 1 6000117889 FL 78.00 01-Dec-2004 273,000.00 271,100.04
Group 1 6000118399 VA 90.00 01-Dec-2004 108,000.00 107,994.82
Group 1 6000118523 FL 90.00 01-Dec-2004 173,700.00 172,156.90
Group 1 6000118545 NY 80.00 01-Dec-2004 296,000.00 293,627.02
Group 1 6000119175 MD 80.00 01-Dec-2004 86,800.00 86,187.71
Group 1 6000119520 FL 68.39 01-Dec-2004 119,000.00 118,447.48
Group 1 6000119591 FL 80.00 01-Dec-2004 103,920.00 103,036.93
Group 1 6000119646 FL 80.00 01-Dec-2004 169,520.00 167,884.20
Group 1 6000119648 OK 60.00 01-Dec-2004 55,200.00 55,005.55
Group 1 6000120151 FL 90.00 01-Jan-2005 139,500.00 138,626.04
Group 1 6000120345 NY 73.47 01-Dec-2004 360,000.00 357,485.76
Group 1 6000121131 MD 90.00 01-Dec-2004 232,200.00 230,234.07
Group 1 6000121359 GA 80.00 01-Jan-2005 72,000.00 71,461.50
Group 1 6000121663 FL 90.00 01-Dec-2004 109,350.00 108,411.80
Group 1 6000122643 MD 71.05 01-Jan-2005 162,000.00 160,867.90
Group 1 6000122783 FL 80.00 01-Jan-2005 187,200.00 185,701.92
Group 1 6000122811 FL 90.00 01-Jan-2005 130,500.00 129,804.15
Group 1 6000124544 FL 85.00 01-Jan-2005 213,360.00 211,553.07
Group 1 6000124974 MD 90.00 01-Jan-2005 181,800.00 180,517.58
Group 1 6000125103 GA 85.00 01-Jan-2005 225,250.00 223,072.14
Group 1 6000125466 FL 90.00 01-Jan-2005 272,700.00 270,957.23
Group 1 6000125503 FL 85.00 01-Jan-2005 158,015.00 158,015.00
Group 1 6000125739 MA 85.00 01-Jan-2005 136,000.00 135,039.80
Group 1 7000114981 NY 80.00 01-Dec-2004 320,000.00 317,459.61
Group 1 7000116825 HI 54.05 01-Nov-2004 200,000.00 198,985.10
Group 1 7000117518 NJ 65.00 01-Jan-2005 195,000.00 194,374.92
Group 1 7000118615 NJ 100.00 01-Jan-2005 345,400.00 343,457.87
Group 1 7000119144 HI 85.00 01-Dec-2004 178,500.00 177,026.65
Group 1 7000119191 NY 70.00 01-Jan-2005 51,030.00 50,854.51
Group 1 7000119307 HI 80.00 01-Dec-2004 212,000.00 210,127.79
Group 1 7000119422 GA 80.00 01-Dec-2004 126,400.00 125,334.17
Group 1 7000119588 NY 78.83 01-Dec-2004 175,000.00 173,469.35
Group 1 7000119764 MD 95.00 01-Dec-2004 308,750.00 306,393.05
Group 1 7000120027 NY 75.00 01-Dec-2004 195,000.00 193,895.86
Group 1 7000120283 HI 65.00 01-Jan-2005 143,000.00 142,020.61
Group 1 7000120458 CA 90.00 01-Dec-2004 310,500.00 307,883.70
Group 1 7000121316 CA 80.00 01-Dec-2004 132,000.00 131,999.40
Group 1 7000121495 CA 73.47 01-Dec-2004 180,000.00 180,000.00
Group 1 7000121944 HI 71.83 01-Dec-2004 431,000.00 427,873.22
Group 1 7000122136 MD 80.00 01-Dec-2004 266,000.00 264,178.87
Group 1 7000122207 MD 80.00 01-Jan-2005 160,000.00 158,957.01
Group 1 7000122399 CA 80.00 01-Dec-2004 344,718.40 341,732.20
Group 1 7000122701 MA 65.00 01-Dec-2004 214,435.00 213,711.54
Group 1 7000122950 CA 75.00 01-Jan-2005 348,750.00 346,692.54
Group 1 7000124057 NV 80.00 01-Jan-2005 100,000.00 99,999.00
Group 1 7000124638 WA 80.00 01-Jan-2005 282,400.00 282,400.00
Group 1 7000124643 HI 80.00 01-Jan-2005 126,400.00 125,417.33
Group 1 7000124707 MD 80.00 01-Jan-2005 195,200.00 193,682.46
Group 1 7000125171 CA 80.00 01-Jan-2005 320,000.00 316,963.27
Group 1 7000125346 OR 80.00 01-Jan-2005 127,200.00 126,267.01
Group 1 7000125820 CA 80.00 01-Jan-2005 186,800.00 186,800.00
Group 1 8000019116 NJ 90.00 01-Oct-2004 184,500.00 182,727.47
Group 1 8000023180 NJ 80.00 01-Dec-2004 88,000.00 87,354.13
Group 1 8000023242 NJ 74.81 01-Dec-2004 202,000.00 201,032.44
Group 1 8000023570 NH 80.00 01-Dec-2004 265,600.00 263,343.07
Group 1 8000024169 NJ 95.00 01-Dec-2004 118,750.00 117,801.75
Group 1 8000024246 NY 85.00 01-Dec-2004 121,550.00 120,346.75
Group 1 8000024319 NJ 73.18 01-Dec-2004 161,000.00 159,992.89
Group 1 8000024382 RI 90.00 01-Dec-2004 245,700.00 243,896.80
Group 1 8000024769 RI 90.00 01-Dec-2004 229,500.00 227,605.66
Group 1 8000025230 NJ 70.00 01-Dec-2004 140,000.00 139,105.65
Group 1 8000025593 NJ 80.00 01-Jan-2005 217,600.00 216,354.49
Group 1 8000026539 NY 80.00 01-Dec-2004 392,800.00 389,042.40
Group 1 8000027601 NY 80.00 01-Jan-2005 312,000.00 309,011.42
Group 1 8000027616 NJ 80.00 01-Jan-2005 160,800.00 159,746.99
Group 1 8000028652 NJ 93.22 01-Jan-2005 199,500.00 198,133.62
Group 2 0000000894 FL 100.00 01-Oct-2004 31,996.00 31,798.70
Group 2 0000001084 FL 100.00 01-Nov-2004 40,393.00 40,235.70
Group 2 0000001138 AZ 94.98 01-Nov-2004 40,100.00 39,926.26
Group 2 0000001307 CO 100.00 01-Oct-2004 42,600.00 42,418.21
Group 2 0000001595 CA 100.00 01-Dec-2004 51,000.00 50,708.66
Group 2 0000001692 AZ 100.00 01-Dec-2004 27,600.00 27,521.78
Group 2 0002064114 CA 60.48 01-Dec-2004 251,000.00 249,117.49
Group 2 0003252361 WA 100.00 01-Jan-2005 39,400.00 39,202.43
Group 2 0003252402 WA 100.00 01-Jan-2005 38,000.00 37,914.72
Group 2 0003256511 FL 100.00 04-May-2003 11,100.00 11,003.09
Group 2 0003550814 CA 100.00 01-Jan-2005 46,000.00 45,810.65
Group 2 0003551194 CA 100.00 01-Jan-2005 61,000.00 60,735.43
Group 2 0003700045 CA 100.00 01-Nov-2004 38,800.00 38,684.04
Group 2 0003859681 CA 100.00 01-Jan-2005 64,000.00 63,848.73
Group 2 0004092206 CA 100.00 01-Jan-2005 40,000.00 39,823.81
Group 2 0004100285 AZ 100.00 01-Dec-2004 33,780.00 33,606.06
Group 2 0004100525 CA 95.00 01-Dec-2004 51,750.00 51,557.67
Group 2 0004113245 FL 100.00 01-Jan-2005 26,000.00 25,891.09
Group 2 0004113312 FL 100.00 01-Jan-2005 36,000.00 35,851.77
Group 2 0004600396 AZ 99.99 01-Jan-2005 38,300.00 38,142.32
Group 2 0004601244 AZ 100.00 01-Dec-2004 30,300.00 30,209.33
Group 2 0004601610 AZ 100.00 01-Jan-2005 28,400.00 28,345.40
Group 2 0004701557 KY 100.00 01-Jan-2005 41,000.00 40,858.27
Group 2 0021027784 CA 100.00 01-Feb-2005 60,600.00 60,416.64
Group 2 1000001235 ID 90.00 01-Jan-2005 214,200.00 211,877.12
Group 2 1000196565 CA 100.00 01-Dec-2004 59,500.00 59,302.50
Group 2 1000198717 CA 65.00 01-Nov-2004 279,500.00 278,400.21
Group 2 1000198755 CA 100.00 01-Nov-2004 56,000.00 55,757.53
Group 2 1000199214 CA 100.00 01-Dec-2004 28,400.00 28,023.03
Group 2 1000199862 CA 77.24 01-Dec-2004 302,000.00 299,094.00
Group 2 1000200470 CA 90.00 01-Dec-2004 225,000.00 222,814.33
Group 2 1000200759 CA 55.76 01-Dec-2004 155,000.00 153,507.36
Group 2 1000200872 CA 100.00 01-Dec-2004 60,000.00 59,751.88
Group 2 1000201727 RI 100.00 01-Jan-2005 25,000.00 24,925.20
Group 2 1000202072 CA 76.88 01-Dec-2004 326,750.00 323,723.11
Group 2 1000202618 AZ 99.75 01-Dec-2004 40,000.00 39,821.01
Group 2 1000202687 UT 100.00 01-Jan-2005 27,400.00 27,298.59
Group 2 1000203749 VA 100.00 01-Dec-2004 56,000.00 55,791.41
Group 2 1000204041 FL 83.33 01-Jan-2005 150,000.00 148,752.82
Group 2 1000204069 CA 100.00 01-Dec-2004 41,800.00 41,659.13
Group 2 1000204264 CA 76.90 01-Dec-2004 223,000.00 221,030.62
Group 2 1000204352 CA 100.00 01-Dec-2004 65,000.00 64,758.33
Group 2 1000204420 CA 100.00 01-Dec-2004 51,000.00 50,257.53
Group 2 1000205385 WA 80.00 01-Jan-2005 136,000.00 134,947.74
Group 2 1000205493 CA 100.00 01-Jan-2005 57,000.00 56,809.76
Group 2 1000209595 AZ 100.00 01-Jan-2005 32,600.00 32,491.44
Group 2 1000211342 CA 100.00 01-Jan-2005 60,000.00 59,771.49
Group 2 2000016755 CA 100.00 01-Feb-2005 41,100.00 40,956.42
Group 2 4303004255 CA 85.00 01-Aug-2004 37,500.00 37,103.96
Group 2 4303004368 UT 100.00 01-Apr-2004 35,200.00 34,218.20
Group 2 4303004658 CA 95.00 01-Jun-2004 120,000.00 114,262.76
Group 2 4303004675 NY 100.00 01-Apr-2004 85,000.00 84,173.81
Group 2 4303005200 CA 100.00 01-Aug-2004 62,200.00 61,911.56
Group 2 4303005445 CA 100.00 01-Jul-2004 95,000.00 94,457.91
Group 2 4303005791 CA 100.00 01-Aug-2004 57,000.00 56,098.83
Group 2 4303005917 NJ 95.01 01-Aug-2004 36,750.00 34,898.84
Group 2 4303006285 NJ 95.00 01-Sep-2004 40,500.00 40,214.13
Group 2 4303006327 NY 90.00 01-Sep-2004 63,700.00 63,214.52
Group 2 4303006637 CA 95.17 01-Jul-2004 122,000.00 119,097.11
Group 2 4303006730 CA 100.00 01-Aug-2004 68,700.00 67,418.68
Group 2 4303007604 CA 94.99 01-Oct-2004 63,700.00 63,414.49
Group 2 4303007609 AZ 75.71 01-Oct-2004 25,000.00 24,780.62
Group 2 4303007615 CA 100.00 01-Oct-2004 115,800.00 115,370.04
Group 2 4303007620 CO 90.00 01-Oct-2004 32,400.00 32,175.35
Group 2 4303007631 FL 89.98 01-Oct-2004 34,250.00 34,033.34
Group 2 4303007648 MN 95.00 01-Oct-2004 49,500.00 49,210.16
Group 2 4303007675 NY 100.00 01-Oct-2004 97,500.00 95,941.64
Group 2 4303007685 NY 100.00 01-Oct-2004 90,150.00 89,622.10
Group 2 4303007689 NY 95.00 01-Oct-2004 49,440.00 48,922.12
Group 2 5000115471 MN 95.00 01-Dec-2004 9,750.00 9,268.77
Group 2 5000117205 NJ 95.00 01-Dec-2004 6,250.00 5,943.41
Group 2 5000117791 NJ 100.00 01-Dec-2004 28,500.00 28,178.22
Group 2 5000118535 MI 95.00 01-Dec-2004 9,000.00 8,590.37
Group 2 5000118712 NV 90.00 01-Jan-2005 150,714.00 149,619.29
Group 2 5000120700 IL 100.00 01-Dec-2004 26,980.00 26,846.64
Group 2 5000123424 WV 100.00 01-Jan-2005 8,900.00 8,681.64
Group 2 6000119197 MD 100.00 01-Dec-2004 21,700.00 21,467.44
Group 2 6000119690 FL 100.00 01-Dec-2004 25,980.00 25,725.64
Group 2 6000121072 FL 100.00 01-Jan-2005 32,400.00 32,213.32
Group 2 6000121493 GA 100.00 01-Jan-2005 18,000.00 17,646.63
Group 2 6000123726 FL 100.00 01-Jan-2005 21,000.00 20,777.11
Group 2 6000123920 VA 100.00 01-Jan-2005 52,230.00 50,016.60
Group 2 6000125297 GA 100.00 01-Jan-2005 39,750.00 39,300.07
Group 2 6000125526 FL 95.00 01-Jan-2005 15,150.00 14,541.46
Group 2 6000125611 FL 100.00 01-Jan-2005 27,885.00 27,792.12
Group 2 6000125857 MA 74.83 01-Jan-2005 333,000.00 330,320.17
Group 2 7000116748 CA 100.00 01-Nov-2004 44,000.00 43,846.11
Group 2 7000118888 HI 70.00 01-Nov-2004 490,000.00 485,872.25
Group 2 7000119360 HI 100.00 01-Dec-2004 53,000.00 52,782.44
Group 2 7000119495 GA 100.00 01-Dec-2004 31,600.00 31,482.27
Group 2 7000120241 CA 80.00 01-Dec-2004 194,400.00 192,416.85
Group 2 7000120436 ID 100.00 01-Dec-2004 27,100.00 26,705.46
Group 2 7000120514 CA 95.00 01-Dec-2004 17,250.00 16,871.50
Group 2 7000121612 CA 100.00 01-Dec-2004 33,000.00 32,852.26
Group 2 7000121991 CA 100.00 01-Dec-2004 30,700.00 30,598.04
Group 2 7000124158 NV 100.00 01-Jan-2005 25,000.00 24,909.77
Group 2 7000124716 HI 100.00 01-Jan-2005 31,600.00 31,487.76
Group 2 7000124842 MD 100.00 01-Jan-2005 48,800.00 48,452.29
Group 2 7000125435 OR 100.00 01-Jan-2005 31,800.00 31,694.12
Group 2 7000126152 CA 100.00 01-Jan-2005 46,700.00 46,544.11
Group 2 8000023666 NH 100.00 01-Dec-2004 66,400.00 66,177.75
Group 2 8000024186 NY 70.00 01-Dec-2004 210,000.00 208,308.55
Group 2 8000024377 NJ 90.00 01-Jan-2005 288,000.00 285,657.86
Group 2 8000024456 RI 95.00 01-Dec-2004 13,650.00 13,037.62
Group 2 8000024610 NJ 75.00 01-Dec-2004 150,000.00 148,605.64
Group 2 8000025692 NJ 85.00 01-Dec-2004 365,500.00 362,114.10
Group 2 8000028286 CT 100.00 01-Jan-2005 24,000.00 23,710.48
Group 3 0000000889 AZ 100.00 01-Nov-2004 410,650.00 407,405.50
Group 3 0003367772 CA 80.00 01-Jan-2005 440,000.00 440,000.00
Group 3 1000204399 CA 60.84 01-Jan-2005 505,000.00 502,167.25
Group 3 1000210456 CA 68.89 01-Jan-2005 465,000.00 461,481.58
Group 3 1000210536 CA 90.00 01-Jan-2005 418,500.00 415,020.28
Group 3 6000118735 FL 89.89 01-Dec-2004 400,000.00 400,000.00
Group 3 6000121650 MA 65.00 01-Jan-2005 481,000.00 477,640.33
Group 3 7000119172 CA 70.00 01-Dec-2004 489,300.00 489,300.01
Group 3 7000119274 CA 74.49 01-Dec-2004 365,000.00 362,646.43
Group 3 7000119367 CA 80.00 01-Dec-2004 588,000.00 588,000.00
Group 3 7000120429 CA 90.00 01-Dec-2004 477,000.00 477,000.00
Group 3 7000120935 CA 80.00 01-Dec-2004 452,000.00 446,949.25
Group 3 7000121825 HI 74.07 01-Dec-2004 600,000.00 592,769.65
Group 3 7000122306 CA 80.00 01-Dec-2004 596,000.00 596,000.00
Group 3 7000123650 CA 80.00 01-Jan-2005 416,000.00 415,999.64
Group 3 7000123721 CA 80.00 01-Jan-2005 416,000.00 412,371.85
Group 3 7000124366 CA 80.00 01-Jan-2005 528,000.00 528,000.00
Group 3 7000124701 CA 74.11 01-Jan-2005 415,000.00 411,985.55
Group 3 7000125261 CA 90.00 01-Jan-2005 585,000.00 585,000.01
Group 3 8000025162 NJ 67.93 01-Dec-2004 394,000.00 389,912.45
Group 3 8000025301 NJ 79.59 01-Jan-2005 390,000.00 387,834.35
Group 3 8000028215 MA 76.67 01-Jan-2005 460,000.00 456,941.40
Group 3 8000028485 NJ 85.00 01-Jan-2005 420,750.00 417,383.11
Group 4 0000001120 CA 100.00 01-Dec-2004 81,572.00 81,156.09
Group 4 0003131884 CA 90.00 01-Jan-2005 64,350.00 64,146.93
Group 4 0003131973 CA 99.99 01-Jan-2005 92,950.00 92,698.32
Group 4 0003367773 CA 100.00 01-Jan-2005 110,000.00 109,522.82
Group 4 0021026768 CA 100.00 01-Jan-2005 73,000.00 72,648.74
Group 4 1000198158 CA 100.00 01-Dec-2004 81,000.00 80,490.31
Group 4 1000205647 VA 100.00 01-Jan-2005 73,860.00 73,607.40
Group 4 1000207935 CA 94.55 01-Jan-2005 25,000.00 24,497.49
Group 4 2000014671 CA 100.00 01-Feb-2005 88,000.00 87,841.83
Group 4 7000119440 CA 100.00 01-Dec-2004 147,000.00 146,468.10
Group 4 7000123665 CA 100.00 01-Jan-2005 104,000.00 103,548.10
Group 4 7000124378 CA 100.00 01-Jan-2005 132,000.00 131,426.13
Group 4 7000125365 CA 100.00 01-Jan-2005 80,000.00 79,437.99
Group 4 8000026564 NY 100.00 01-Dec-2004 98,200.00 97,763.85
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>
Group 1 0000001033 Loan Paid in Full 0 7.625% 360 10
Group 1 0000001083 Loan Paid in Full 0 5.125% 360 10
Group 1 0000001119 Loan Paid in Full 0 6.125% 360 9
Group 1 0000001137 Loan Paid in Full 0 6.750% 360 10
Group 1 0000001242 Loan Paid in Full 0 7.625% 360 9
Group 1 0000001306 Loan Paid in Full 0 7.500% 360 11
Group 1 0000001412 Loan Paid in Full 0 6.375% 360 9
Group 1 0000001437 Loan Paid in Full 0 7.250% 360 9
Group 1 0000001583 Loan Paid in Full 0 7.200% 360 9
Group 1 0000001621 Loan Paid in Full 0 8.500% 360 9
Group 1 0000001691 Loan Paid in Full 0 7.250% 360 9
Group 1 0002060259 Loan Paid in Full 0 9.790% 360 9
Group 1 0002060845 Loan Paid in Full 5 8.190% 360 9
Group 1 0002062153 Loan Paid in Full 0 6.690% 360 9
Group 1 0002063091 Loan Paid in Full 0 9.290% 360 9
Group 1 0002064040 Loan Paid in Full (1) 7.440% 360 9
Group 1 0003131883 Loan Paid in Full 0 6.875% 360 8
Group 1 0003131972 Loan Paid in Full 0 7.375% 360 8
Group 1 0003251301 Loan Paid in Full 0 6.990% 360 11
Group 1 0003367761 Loan Paid in Full 1 6.000% 360 8
Group 1 0003367900 Loan Paid in Full 0 8.125% 360 8
Group 1 0003367901 Loan Paid in Full (1) 6.250% 360 8
Group 1 0003550813 Loan Paid in Full (1) 6.750% 360 8
Group 1 0003700739 Loan Paid in Full 0 6.750% 360 8
Group 1 0003859680 Loan Paid in Full 0 6.875% 360 8
Group 1 0004090100 Loan Paid in Full 0 8.100% 360 8
Group 1 0004092205 Loan Paid in Full 0 5.450% 360 8
Group 1 0004092304 Loan Paid in Full 0 8.600% 360 8
Group 1 0004100127 Loan Paid in Full 0 6.650% 360 9
Group 1 0004100284 Loan Paid in Full (1) 7.250% 360 9
Group 1 0004100523 Loan Paid in Full 0 7.000% 360 9
Group 1 0004101807 Loan Paid in Full (1) 7.650% 360 8
Group 1 0004110508 Loan Paid in Full 0 8.750% 360 8
Group 1 0004313574 Loan Paid in Full 0 7.625% 360 8
Group 1 0004452613 Loan Paid in Full (1) 8.250% 360 8
Group 1 0004600395 Loan Paid in Full (1) 6.750% 360 8
Group 1 0021026671 Loan Paid in Full 0 5.750% 360 8
Group 1 0021027780 Loan Paid in Full (1) 6.625% 360 7
Group 1 0021028847 Loan Paid in Full 0 6.375% 360 7
Group 1 0092000501 Loan Paid in Full 1 9.200% 360 9
Group 1 0101200245 Loan Paid in Full 0 6.550% 360 9
Group 1 0101400468 Loan Paid in Full 0 7.250% 360 8
Group 1 0101900438 Loan Paid in Full (1) 6.050% 360 9
Group 1 0102100416 Loan Paid in Full 0 9.400% 360 8
Group 1 0102501800 Loan Paid in Full (1) 6.100% 360 9
Group 1 0102900931 Loan Paid in Full 0 8.700% 360 8
Group 1 0111900491 Loan Paid in Full (1) 8.900% 360 8
Group 1 1000192244 Loan Paid in Full 0 7.350% 360 10
Group 1 1000193299 Loan Paid in Full (1) 9.650% 360 9
Group 1 1000195420 Loan Paid in Full (1) 7.290% 360 9
Group 1 1000195686 Loan Paid in Full 0 7.800% 360 10
Group 1 1000196407 Loan Paid in Full 0 7.350% 360 10
Group 1 1000196434 Loan Paid in Full (1) 7.550% 360 9
Group 1 1000197590 Loan Paid in Full 0 6.000% 360 9
Group 1 1000198216 Loan Paid in Full 0 7.125% 360 9
Group 1 1000198706 Loan Paid in Full 0 6.990% 360 9
Group 1 1000199088 Loan Paid in Full 0 5.350% 360 9
Group 1 1000199181 Loan Paid in Full (1) 6.500% 360 9
Group 1 1000199712 Loan Paid in Full 0 6.300% 360 9
Group 1 1000199771 Loan Paid in Full (1) 6.990% 360 9
Group 1 1000199971 Loan Paid in Full 0 5.990% 360 9
Group 1 1000200266 Loan Paid in Full 0 5.990% 360 9
Group 1 1000200409 Loan Paid in Full (1) 6.000% 360 8
Group 1 1000200448 Loan Paid in Full 0 8.150% 360 9
Group 1 1000200498 Loan Paid in Full 0 7.750% 360 9
Group 1 1000200502 Loan Paid in Full 0 10.650% 360 9
Group 1 1000200731 Loan Paid in Full (1) 6.990% 360 9
Group 1 1000201405 Loan Paid in Full 0 7.350% 360 9
Group 1 1000201553 Loan Paid in Full (1) 6.500% 360 8
Group 1 1000201654 Loan Paid in Full 1 8.350% 360 8
Group 1 1000202110 Loan Paid in Full 0 5.900% 360 9
Group 1 1000202131 Loan Paid in Full 0 6.490% 360 8
Group 1 1000202664 Loan Paid in Full 0 6.150% 360 8
Group 1 1000202771 Loan Paid in Full (1) 8.100% 360 8
Group 1 1000203068 Loan Paid in Full 0 7.500% 360 9
Group 1 1000203100 Loan Paid in Full (1) 7.150% 360 9
Group 1 1000203154 Loan Paid in Full 0 6.750% 360 9
Group 1 1000203183 Loan Paid in Full 3 6.950% 360 9
Group 1 1000203225 Loan Paid in Full 0 8.500% 360 9
Group 1 1000203616 Loan Paid in Full 2 6.500% 360 9
Group 1 1000203663 Loan Paid in Full 0 5.750% 360 9
Group 1 1000203877 Loan Paid in Full (1) 8.350% 360 9
Group 1 1000203956 Loan Paid in Full (1) 6.950% 360 8
Group 1 1000203966 Loan Paid in Full (1) 8.550% 360 9
Group 1 1000204050 Loan Paid in Full 0 6.375% 360 9
Group 1 1000204349 Loan Paid in Full 0 6.750% 360 9
Group 1 1000205451 Loan Paid in Full 0 6.500% 360 8
Group 1 1000205540 Loan Paid in Full (1) 6.300% 360 8
Group 1 1000206450 Loan Paid in Full 0 6.700% 360 8
Group 1 1000207184 Loan Paid in Full (1) 5.900% 360 8
Group 1 1000207252 Loan Paid in Full (1) 7.600% 360 8
Group 1 1000207342 Loan Paid in Full 0 7.490% 360 8
Group 1 1000207609 Loan Paid in Full 1 9.750% 360 8
Group 1 1000208339 Loan Paid in Full (1) 6.990% 360 8
Group 1 1000208934 Loan Paid in Full (1) 5.650% 360 8
Group 1 1000209277 Loan Paid in Full 0 7.650% 360 8
Group 1 1000209290 Loan Paid in Full 0 6.500% 360 8
Group 1 1000209319 Loan Paid in Full 0 8.990% 360 8
Group 1 1000211016 Loan Paid in Full 0 5.900% 360 8
Group 1 1200016258 Loan Paid in Full 0 5.600% 360 8
Group 1 2000014668 Loan Paid in Full (1) 6.000% 360 7
Group 1 2000015450 Loan Paid in Full (1) 7.850% 360 7
Group 1 2000016748 Loan Paid in Full 5 6.650% 360 7
Group 1 5000115077 Loan Paid in Full 0 6.990% 360 9
Group 1 5000117043 Loan Paid in Full 0 8.500% 360 10
Group 1 5000117124 Loan Paid in Full (1) 7.200% 360 9
Group 1 5000117420 Loan Paid in Full 0 7.600% 360 9
Group 1 5000117777 Loan Paid in Full 0 7.490% 360 9
Group 1 5000117783 Loan Paid in Full 0 7.200% 360 9
Group 1 5000117984 Loan Paid in Full (1) 5.990% 360 9
Group 1 5000118056 Loan Paid in Full 3 8.550% 360 9
Group 1 5000118083 Loan Paid in Full 0 6.950% 360 9
Group 1 5000118560 Loan Paid in Full 0 6.350% 360 9
Group 1 5000119196 Loan Paid in Full 0 8.950% 360 8
Group 1 5000120673 Loan Paid in Full (1) 8.550% 360 8
Group 1 5000121068 Loan Paid in Full (1) 7.000% 360 9
Group 1 5000121395 Loan Paid in Full 0 7.200% 360 9
Group 1 5000121794 Loan Paid in Full 0 7.350% 360 8
Group 1 5000122319 Loan Paid in Full 0 6.200% 360 8
Group 1 5000124274 Loan Paid in Full 0 7.500% 360 8
Group 1 6000112149 Loan Paid in Full 0 6.450% 360 10
Group 1 6000116970 Loan Paid in Full 5 6.950% 360 10
Group 1 6000117679 Loan Paid in Full 2 8.250% 360 10
Group 1 6000117889 Loan Paid in Full (1) 7.990% 360 9
Group 1 6000118399 Loan Paid in Full (1) 7.450% 360 9
Group 1 6000118523 Loan Paid in Full (1) 7.600% 360 9
Group 1 6000118545 Loan Paid in Full 0 7.250% 360 9
Group 1 6000119175 Loan Paid in Full 0 7.900% 360 9
Group 1 6000119520 Loan Paid in Full 0 9.950% 360 9
Group 1 6000119591 Loan Paid in Full (1) 6.950% 360 9
Group 1 6000119646 Loan Paid in Full (1) 6.500% 360 9
Group 1 6000119648 Loan Paid in Full (1) 11.250% 360 9
Group 1 6000120151 Loan Paid in Full 0 7.950% 360 8
Group 1 6000120345 Loan Paid in Full 0 7.950% 360 9
Group 1 6000121131 Loan Paid in Full (1) 7.000% 360 9
Group 1 6000121359 Loan Paid in Full 0 7.050% 360 8
Group 1 6000121663 Loan Paid in Full 0 6.900% 360 9
Group 1 6000122643 Loan Paid in Full 0 7.400% 360 8
Group 1 6000122783 Loan Paid in Full (1) 6.700% 360 8
Group 1 6000122811 Loan Paid in Full 0 8.750% 360 8
Group 1 6000124544 Loan Paid in Full (1) 6.650% 360 8
Group 1 6000124974 Loan Paid in Full 0 7.350% 360 8
Group 1 6000125103 Loan Paid in Full 0 5.700% 360 8
Group 1 6000125466 Loan Paid in Full 0 7.850% 360 8
Group 1 6000125503 Loan Paid in Full (1) 6.350% 360 8
Group 1 6000125739 Loan Paid in Full (1) 7.500% 360 8
Group 1 7000114981 Loan Paid in Full 0 7.300% 360 9
Group 1 7000116825 Loan Paid in Full 0 10.000% 360 10
Group 1 7000117518 Loan Paid in Full (1) 12.000% 360 8
Group 1 7000118615 Loan Paid in Full 0 8.490% 360 8
Group 1 7000119144 Loan Paid in Full (1) 7.100% 360 9
Group 1 7000119191 Loan Paid in Full 0 10.850% 360 8
Group 1 7000119307 Loan Paid in Full (1) 6.750% 360 9
Group 1 7000119422 Loan Paid in Full 0 6.990% 360 9
Group 1 7000119588 Loan Paid in Full 3 6.800% 360 9
Group 1 7000119764 Loan Paid in Full (1) 7.500% 360 9
Group 1 7000120027 Loan Paid in Full 4 8.990% 360 9
Group 1 7000120283 Loan Paid in Full 0 7.500% 360 8
Group 1 7000120458 Loan Paid in Full 0 7.000% 360 9
Group 1 7000121316 Loan Paid in Full 0 6.350% 360 9
Group 1 7000121495 Loan Paid in Full 0 6.450% 360 9
Group 1 7000121944 Loan Paid in Full (1) 8.050% 360 9
Group 1 7000122136 Loan Paid in Full (1) 8.050% 360 9
Group 1 7000122207 Loan Paid in Full 0 7.750% 360 8
Group 1 7000122399 Loan Paid in Full 3 6.850% 360 9
Group 1 7000122701 Loan Paid in Full 0 11.450% 360 9
Group 1 7000122950 Loan Paid in Full 5 8.250% 360 8
Group 1 7000124057 Loan Paid in Full (1) 6.650% 360 8
Group 1 7000124638 Loan Paid in Full (1) 6.250% 360 8
Group 1 7000124643 Loan Paid in Full (1) 6.850% 360 8
Group 1 7000124707 Loan Paid in Full 1 6.850% 360 8
Group 1 7000125171 Loan Paid in Full (1) 5.800% 360 8
Group 1 7000125346 Loan Paid in Full 0 7.150% 360 8
Group 1 7000125820 Loan Paid in Full (1) 6.900% 360 8
Group 1 8000019116 Loan Paid in Full (1) 7.300% 360 11
Group 1 8000023180 Loan Paid in Full 0 7.700% 360 9
Group 1 8000023242 Loan Paid in Full 0 9.800% 360 9
Group 1 8000023570 Loan Paid in Full 1 6.950% 360 9
Group 1 8000024169 Loan Paid in Full (1) 7.300% 360 9
Group 1 8000024246 Loan Paid in Full 0 6.150% 360 9
Group 1 8000024319 Loan Paid in Full 0 8.500% 360 9
Group 1 8000024382 Loan Paid in Full (1) 7.700% 360 9
Group 1 8000024769 Loan Paid in Full 0 7.100% 360 9
Group 1 8000025230 Loan Paid in Full 0 8.400% 360 9
Group 1 8000025593 Loan Paid in Full (1) 8.400% 360 8
Group 1 8000026539 Loan Paid in Full (1) 6.550% 360 9
Group 1 8000027601 Loan Paid in Full (1) 5.750% 360 8
Group 1 8000027616 Loan Paid in Full 0 7.750% 360 8
Group 1 8000028652 Loan Paid in Full 0 7.500% 360 8
Group 2 0000000894 Loan Paid in Full 0 9.500% 180 11
Group 2 0000001084 Loan Paid in Full 0 11.250% 180 10
Group 2 0000001138 Loan Paid in Full 0 10.750% 180 10
Group 2 0000001307 Loan Paid in Full 0 11.250% 180 11
Group 2 0000001595 Loan Paid in Full 0 9.500% 240 9
Group 2 0000001692 Loan Paid in Full 0 12.250% 180 9
Group 2 0002064114 Loan Paid in Full 0 7.590% 360 9
Group 2 0003252361 Loan Paid in Full 0 9.999% 360 8
Group 2 0003252402 Loan Paid in Full (1) 10.990% 180 8
Group 2 0003256511 Loan Paid in Full 0 12.250% 180 28
Group 2 0003550814 Loan Paid in Full (1) 10.000% 360 8
Group 2 0003551194 Loan Paid in Full (1) 9.750% 360 8
Group 2 0003700045 Loan Paid in Full (1) 11.500% 180 10
Group 2 0003859681 Loan Paid in Full 0 10.750% 180 8
Group 2 0004092206 Loan Paid in Full 0 10.200% 180 8
Group 2 0004100285 Loan Paid in Full 0 10.250% 180 9
Group 2 0004100525 Loan Paid in Full 0 11.000% 180 9
Group 2 0004113245 Loan Paid in Full 0 10.000% 360 8
Group 2 0004113312 Loan Paid in Full (1) 10.000% 180 8
Group 2 0004600396 Loan Paid in Full (1) 10.000% 180 8
Group 2 0004601244 Loan Paid in Full (1) 11.000% 360 9
Group 2 0004601610 Loan Paid in Full (1) 11.000% 180 8
Group 2 0004701557 Loan Paid in Full (1) 10.250% 180 8
Group 2 0021027784 Loan Paid in Full (1) 10.875% 180 7
Group 2 1000001235 Loan Paid in Full 0 7.490% 360 8
Group 2 1000196565 Loan Paid in Full (1) 11.525% 360 9
Group 2 1000198717 Loan Paid in Full 5 11.200% 360 10
Group 2 1000198755 Loan Paid in Full (1) 11.125% 360 10
Group 2 1000199214 Loan Paid in Full (1) 10.250% 240 9
Group 2 1000199862 Loan Paid in Full 0 6.300% 360 9
Group 2 1000200470 Loan Paid in Full 0 6.250% 360 9
Group 2 1000200759 Loan Paid in Full (1) 6.500% 360 9
Group 2 1000200872 Loan Paid in Full (1) 10.500% 360 9
Group 2 1000201727 Loan Paid in Full 0 11.500% 360 8
Group 2 1000202072 Loan Paid in Full (1) 6.500% 360 9
Group 2 1000202618 Loan Paid in Full (1) 10.125% 360 9
Group 2 1000202687 Loan Paid in Full 0 10.625% 360 8
Group 2 1000203749 Loan Paid in Full 0 10.990% 360 9
Group 2 1000204041 Loan Paid in Full (1) 6.500% 360 8
Group 2 1000204069 Loan Paid in Full 0 10.990% 360 9
Group 2 1000204264 Loan Paid in Full 0 6.750% 360 9
Group 2 1000204352 Loan Paid in Full (1) 11.000% 360 9
Group 2 1000204420 Loan Paid in Full 0 9.500% 240 9
Group 2 1000205385 Loan Paid in Full (1) 6.875% 360 8
Group 2 1000205493 Loan Paid in Full 0 10.990% 360 8
Group 2 1000209595 Loan Paid in Full 0 11.000% 360 8
Group 2 1000211342 Loan Paid in Full 0 11.125% 360 8
Group 2 2000016755 Loan Paid in Full 5 10.200% 180 7
Group 2 4303004255 Loan Paid in Full (1) 7.625% 180 13
Group 2 4303004368 Loan Paid in Full 0 9.250% 240 17
Group 2 4303004658 Loan Paid in Full (1) 9.250% 180 15
Group 2 4303004675 Loan Paid in Full (1) 9.375% 360 17
Group 2 4303005200 Loan Paid in Full 0 11.625% 180 13
Group 2 4303005445 Loan Paid in Full (1) 11.000% 180 14
Group 2 4303005791 Loan Paid in Full (2) 9.750% 180 13
Group 2 4303005917 Loan Paid in Full (1) 11.250% 360 13
Group 2 4303006285 Loan Paid in Full (1) 9.250% 360 12
Group 2 4303006327 Loan Paid in Full (1) 8.875% 360 12
Group 2 4303006637 Loan Paid in Full 0 9.490% 240 14
Group 2 4303006730 Loan Paid in Full (1) 7.250% 180 13
Group 2 4303007604 Loan Paid in Full 0 11.625% 180 11
Group 2 4303007609 Loan Paid in Full (1) 7.750% 180 11
Group 2 4303007615 Loan Paid in Full (1) 12.000% 180 11
Group 2 4303007620 Loan Paid in Full (1) 9.250% 180 11
Group 2 4303007631 Loan Paid in Full (1) 9.375% 180 11
Group 2 4303007648 Loan Paid in Full (1) 9.750% 180 11
Group 2 4303007675 Loan Paid in Full (1) 9.500% 360 11
Group 2 4303007685 Loan Paid in Full 0 9.750% 360 11
Group 2 4303007689 Loan Paid in Full (1) 10.500% 360 11
Group 2 5000115471 Loan Paid in Full 0 10.500% 120 9
Group 2 5000117205 Loan Paid in Full (1) 11.990% 120 9
Group 2 5000117791 Loan Paid in Full 0 11.500% 240 9
Group 2 5000118535 Loan Paid in Full 0 11.990% 120 9
Group 2 5000118712 Loan Paid in Full (1) 7.250% 360 8
Group 2 5000120700 Loan Paid in Full 0 10.990% 360 9
Group 2 5000123424 Loan Paid in Full (1) 8.990% 180 8
Group 2 6000119197 Loan Paid in Full 0 11.900% 240 9
Group 2 6000119690 Loan Paid in Full (1) 8.875% 360 9
Group 2 6000121072 Loan Paid in Full (1) 8.875% 360 8
Group 2 6000121493 Loan Paid in Full (1) 11.500% 180 8
Group 2 6000123726 Loan Paid in Full 0 11.125% 240 8
Group 2 6000123920 Loan Paid in Full (1) 11.650% 120 8
Group 2 6000125297 Loan Paid in Full 0 10.625% 240 8
Group 2 6000125526 Loan Paid in Full 0 12.250% 120 8
Group 2 6000125611 Loan Paid in Full (1) 11.000% 360 8
Group 2 6000125857 Loan Paid in Full (1) 6.800% 360 8
Group 2 7000116748 Loan Paid in Full 0 11.750% 360 10
Group 2 7000118888 Loan Paid in Full (1) 7.500% 360 10
Group 2 7000119360 Loan Paid in Full (1) 11.275% 360 9
Group 2 7000119495 Loan Paid in Full 0 10.990% 360 9
Group 2 7000120241 Loan Paid in Full (1) 5.990% 360 9
Group 2 7000120436 Loan Paid in Full (1) 9.500% 240 9
Group 2 7000120514 Loan Paid in Full 0 11.500% 180 9
Group 2 7000121612 Loan Paid in Full (1) 10.125% 360 9
Group 2 7000121991 Loan Paid in Full (1) 11.525% 360 9
Group 2 7000124158 Loan Paid in Full (1) 10.625% 360 8
Group 2 7000124716 Loan Paid in Full (1) 10.700% 360 8
Group 2 7000124842 Loan Paid in Full (1) 10.990% 360 8
Group 2 7000125435 Loan Paid in Full 0 11.000% 360 8
Group 2 7000126152 Loan Paid in Full (1) 10.990% 360 8
Group 2 8000023666 Loan Paid in Full 0 11.500% 360 9
Group 2 8000024186 Loan Paid in Full 0 7.900% 360 9
Group 2 8000024377 Loan Paid in Full (1) 6.990% 360 8
Group 2 8000024456 Loan Paid in Full (1) 12.250% 120 9
Group 2 8000024610 Loan Paid in Full 0 6.850% 360 9
Group 2 8000025692 Loan Paid in Full (1) 6.500% 360 9
Group 2 8000028286 Loan Paid in Full (1) 10.125% 240 8
Group 3 0000000889 Loan Paid in Full (1) 8.000% 360 10
Group 3 0003367772 Loan Paid in Full 0 5.250% 360 8
Group 3 1000204399 Loan Paid in Full (1) 8.500% 360 8
Group 3 1000210456 Loan Paid in Full 0 6.990% 360 8
Group 3 1000210536 Loan Paid in Full 0 6.500% 360 8
Group 3 6000118735 Loan Paid in Full 0 6.350% 360 9
Group 3 6000121650 Loan Paid in Full 0 7.400% 360 8
Group 3 7000119172 Loan Paid in Full (1) 5.700% 360 9
Group 3 7000119274 Loan Paid in Full (1) 8.350% 360 9
Group 3 7000119367 Loan Paid in Full 0 6.600% 360 9
Group 3 7000120429 Loan Paid in Full 0 6.250% 360 9
Group 3 7000120935 Loan Paid in Full (1) 5.500% 360 9
Group 3 7000121825 Loan Paid in Full (1) 5.250% 360 9
Group 3 7000122306 Loan Paid in Full (1) 5.490% 360 9
Group 3 7000123650 Loan Paid in Full 0 6.400% 360 8
Group 3 7000123721 Loan Paid in Full (1) 6.250% 360 8
Group 3 7000124366 Loan Paid in Full 0 6.650% 360 8
Group 3 7000124701 Loan Paid in Full 0 7.200% 360 8
Group 3 7000125261 Loan Paid in Full (1) 6.350% 360 8
Group 3 8000025162 Loan Paid in Full 0 5.900% 360 9
Group 3 8000025301 Loan Paid in Full 0 8.550% 360 8
Group 3 8000028215 Loan Paid in Full (1) 7.650% 360 8
Group 3 8000028485 Loan Paid in Full 0 6.700% 360 8
Group 4 0000001120 Loan Paid in Full 0 9.500% 180 9
Group 4 0003131884 Loan Paid in Full 1 11.250% 360 8
Group 4 0003131973 Loan Paid in Full 0 10.750% 360 8
Group 4 0003367773 Loan Paid in Full 0 9.750% 180 8
Group 4 0021026768 Loan Paid in Full 0 9.250% 180 8
Group 4 1000198158 Loan Paid in Full 0 8.875% 360 9
Group 4 1000205647 Loan Paid in Full (1) 10.875% 360 8
Group 4 1000207935 Loan Paid in Full 0 11.250% 180 8
Group 4 2000014671 Loan Paid in Full (1) 10.000% 180 7
Group 4 7000119440 Loan Paid in Full 0 11.125% 360 9
Group 4 7000123665 Loan Paid in Full 0 9.749% 360 8
Group 4 7000124378 Loan Paid in Full 0 9.740% 360 8
Group 4 7000125365 Loan Paid in Full (1) 9.505% 360 8
Group 4 8000026564 Loan Paid in Full (1) 10.875% 360 9
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 4.376% Current Month 41.544% Current Month 2,401.507%
3 Month Average 3.689% 3 Month Average 36.168% 3 Month Average 2,360.596%
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>
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 4.556% N/A Feb-2005 1,352.692% N/A
Mar-2005 13.548% N/A Mar-2005 2,531.312% N/A
Apr-2005 16.778% N/A Apr-2005 2,285.517% N/A
May-2005 22.318% N/A May-2005 2,393.499% N/A
Jun-2005 30.270% N/A Jun-2005 2,675.148% N/A
Jul-2005 31.037% N/A Jul-2005 2,333.148% N/A
Aug-2005 35.922% N/A Aug-2005 2,347.134% N/A
Sep-2005 41.544% N/A Sep-2005 2,401.507% 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.
Group 1
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 4.531% Current Month 42.676% Current Month 2,476.927%
3 Month Average 3.883% 3 Month Average 37.729% 3 Month Average 2,482.216%
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>
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 4.752% N/A Feb-2005 1,456.676% N/A
Mar-2005 13.648% N/A Mar-2005 2,597.209% N/A
Apr-2005 19.164% N/A Apr-2005 2,642.095% N/A
May-2005 21.402% N/A May-2005 2,316.028% N/A
Jun-2005 30.216% N/A Jun-2005 2,690.531% N/A
Jul-2005 34.124% N/A Jul-2005 2,580.451% N/A
Aug-2005 36.388% N/A Aug-2005 2,389.271% N/A
Sep-2005 42.676% N/A Sep-2005 2,476.927% 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.
Group 2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 4.870% Current Month 45.071% Current Month 2,482.620%
3 Month Average 3.442% 3 Month Average 33.851% 3 Month Average 2,072.071%
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>
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 3.612% N/A Feb-2005 814.145% N/A
Mar-2005 14.313% N/A Mar-2005 2,249.856% N/A
Apr-2005 13.319% N/A Apr-2005 1,606.582% N/A
May-2005 15.516% N/A May-2005 1,511.489% N/A
Jun-2005 22.974% N/A Jun-2005 1,876.590% N/A
Jul-2005 28.048% N/A Jul-2005 1,977.824% N/A
Aug-2005 28.434% N/A Aug-2005 1,755.769% N/A
Sep-2005 45.071% N/A Sep-2005 2,482.620% 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.
Group 3
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 3.945% Current Month 38.306% Current Month 2,260.959%
3 Month Average 3.460% 3 Month Average 34.145% 3 Month Average 2,267.285%
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>
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 4.379% N/A Feb-2005 1,450.779% N/A
Mar-2005 13.955% N/A Mar-2005 2,784.229% N/A
Apr-2005 13.863% N/A Apr-2005 1,979.972% N/A
May-2005 27.811% N/A May-2005 3,098.943% N/A
Jun-2005 36.247% N/A Jun-2005 3,304.073% N/A
Jul-2005 24.406% N/A Jul-2005 1,882.688% N/A
Aug-2005 39.723% N/A Aug-2005 2,658.209% N/A
Sep-2005 38.306% N/A Sep-2005 2,260.959% 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.
Group 4
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 2.469% Current Month 25.919% Current Month 1,481.010%
3 Month Average 2.516% 3 Month Average 26.266% 3 Month Average 1,703.041%
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>
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 5.371% N/A Feb-2005 1,525.828% N/A
Mar-2005 6.685% N/A Mar-2005 1,215.109% N/A
Apr-2005 1.887% N/A Apr-2005 251.070% N/A
May-2005 27.900% N/A May-2005 2,941.144% N/A
Jun-2005 19.675% N/A Jun-2005 1,714.484% N/A
Jul-2005 22.174% N/A Jul-2005 1,644.137% N/A
Aug-2005 30.705% N/A Aug-2005 1,983.976% N/A
Sep-2005 25.919% N/A Sep-2005 1,481.010% 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>
Group 1 0 0.00 0.00 0.000%
Group 2 0 0.00 0.00 0.000%
Group 3 0 0.00 0.00 0.000%
Group 4 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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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.
Group 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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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.
Group 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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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.
Group 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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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.
Group 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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>
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 0.000% N/A Feb-2005 0.000% N/A
Mar-2005 0.000% N/A Mar-2005 0.000% 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
Sep-2005 0.000% N/A Sep-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>