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): October 25, 2005
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-3 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-17
Pooling and Servicing Agreement) (Commission 54-2169425
(State or other File Number) 54-2169426
jurisdiction 54-2169427
of Incorporation) IRS EIN
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On October 25, 2005 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-3
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2005-3 Trust, relating to the
October 25, 2005 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-3 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 10/28/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-3 Trust,
relating to the October 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 9/30/2005
Distribution Date: 10/25/2005
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series 2005-3
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest
Class CUSIP Description Rate Balance Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 05949A2C3 SEN 5.50000% 11,561,708.75 52,991.17
1-A-2 05949A2D1 SEN 5.50000% 125,000.00 572.92
1-A-3 05949A2E9 SEN 5.50000% 2,100,000.00 9,625.00
1-A-4 05949A2F6 SEN 5.50000% 680,000.00 3,116.67
1-A-5 05949A2G4 SEN 5.50000% 3,256,500.00 14,925.62
1-A-6 05949A2H2 SEN 4.89313% 3,648,111.99 14,875.57
1-A-7 05949A2J8 SEN 5.50000% 0.00 10,010.75
1-A-8 05949A2K5 SEN 6.51145% 1,130,513.82 6,134.40
1-A-9 05949A2L3 SEN 6.10687% 1,763,922.28 8,976.70
1-A-10 05949A2M1 SEN 5.50000% 3,207,000.00 14,698.75
1-A-11 05949A2N9 SEN 5.50000% 2,373,000.00 10,876.25
1-A-12 05949A2P4 SEN 5.25000% 4,810,697.12 21,046.80
1-A-13 05949A2Q2 SEN 7.00000% 801,782.85 4,677.07
1-A-15 05949A2S8 SEN 5.50000% 10,000,000.00 45,833.33
1-A-16 05949A2T6 SEN 5.50000% 4,703,595.29 21,558.15
1-A-17 05949A2U3 SEN 5.50000% 1,710,667.54 7,840.56
1-A-18 05949A2V1 SEN 5.00000% 9,566,123.69 39,858.85
1-A-19 05949A2W9 SEN 5.25000% 28,919,348.52 126,522.15
1-A-20 05949A2X7 SEN 5.50000% 29,264,000.00 134,126.67
1-A-21 05949A2Y5 SEN 5.50000% 22,137,000.00 101,461.25
1-A-22 05949A2Z2 SEN 5.50000% 1,314,000.00 6,022.50
1-A-23 05949A3A6 SEN 5.50000% 1,307,000.00 5,990.42
1-A-24 05949A3B4 SEN 5.50000% 20,866,500.00 95,638.13
1-A-25 05949A3C2 SEN 5.50000% 35,209,980.80 161,379.08
1-A-26 05949A3D0 SEN 5.50000% 44,931,375.42 205,935.47
1-A-27 05949A3E8 SEN 5.50000% 28,565,000.00 130,922.92
1-A-28 05949A3F5 SEN 5.50000% 5,867,807.46 26,894.12
1-A-29 05949A3G3 SEN 5.50000% 15,116,192.54 69,282.55
1-A-30 05949A3H1 SEN 5.50000% 1,098,000.00 5,032.50
1-A-31 05949A3J7 SEN 5.50000% 33,567,435.19 153,850.74
1-A-32 05949A3K4 SEN 5.50000% 1,362,626.26 6,245.37
1-A-R 05949A3L2 SEN 5.50000% 0.00 0.78
2-A-1 05949A3N8 SEN 5.50000% 21,583,000.00 98,922.08
2-A-2 05949A3P3 SEN 5.50000% 148,131,207.68 678,934.70
2-A-3 05949A3Q1 SEN 5.50000% 31,907,000.00 146,240.42
2-A-4 05949A3R9 SEN 5.50000% 1,136,000.00 5,206.67
30-PO 05949A3T5 SEN 0.00000% 1,912,615.61 0.00
1-A-IO 05949A3M0 SEN 5.50000% 0.00 19,381.18
2-A-IO 05949A3S7 SEN 5.50000% 0.00 14,153.91
1-B-1 05949A3U2 SUB 5.50000% 6,597,558.78 30,238.81
1-B-2 05949A3V0 SUB 5.50000% 1,832,213.61 8,397.65
1-B-3 05949A3W8 SUB 5.50000% 1,099,924.33 5,041.32
1-B-4 05949A4A5 SUB 5.50000% 733,282.89 3,360.88
1-B-5 05949A4B3 SUB 5.50000% 549,465.36 2,518.38
1-B-6 05949A4C1 SUB 5.50000% 550,342.72 2,522.40
2-B-1 05949A3X6 SUB 5.50000% 3,725,209.13 17,073.88
2-B-2 05949A3Y4 SUB 5.50000% 1,354,350.51 6,207.44
2-B-3 05949A3Z1 SUB 5.50000% 677,672.08 3,106.00
2-B-4 05949A4D9 SUB 5.50000% 451,118.95 2,067.63
2-B-5 05949A4E7 SUB 5.50000% 338,836.04 1,553.00
2-B-6 05949A4F4 SUB 5.50000% 338,791.82 1,552.80
Totals 553,883,479.03 2,563,402.36
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 148,043.32 0.00 11,413,665.44 201,034.49 0.00
1-A-2 0.00 0.00 125,000.00 572.92 0.00
1-A-3 0.00 0.00 2,100,000.00 9,625.00 0.00
1-A-4 0.00 0.00 680,000.00 3,116.67 0.00
1-A-5 0.00 0.00 3,256,500.00 14,925.62 0.00
1-A-6 46,712.70 0.00 3,601,399.29 61,588.27 0.00
1-A-7 0.00 0.00 0.00 10,010.75 0.00
1-A-8 14,475.80 0.00 1,116,038.02 20,610.20 0.00
1-A-9 22,586.36 0.00 1,741,335.92 31,563.06 0.00
1-A-10 41,000.00 0.00 3,166,000.00 55,698.75 0.00
1-A-11 0.00 0.00 2,373,000.00 10,876.25 0.00
1-A-12 61,599.16 0.00 4,749,097.96 82,645.96 0.00
1-A-13 10,266.53 0.00 791,516.33 14,943.60 0.00
1-A-15 0.00 0.00 10,000,000.00 45,833.33 0.00
1-A-16 28,512.05 0.00 4,675,083.24 50,070.20 0.00
1-A-17 53,620.17 0.00 1,657,047.38 61,460.73 0.00
1-A-18 99,598.98 0.00 9,466,524.71 139,457.83 0.00
1-A-19 301,097.67 0.00 28,618,250.85 427,619.82 0.00
1-A-20 0.00 0.00 29,264,000.00 134,126.67 0.00
1-A-21 0.00 0.00 22,137,000.00 101,461.25 0.00
1-A-22 0.00 0.00 1,314,000.00 6,022.50 0.00
1-A-23 0.00 0.00 1,307,000.00 5,990.42 0.00
1-A-24 0.00 0.00 20,866,500.00 95,638.13 0.00
1-A-25 396,912.09 0.00 34,813,068.71 558,291.17 0.00
1-A-26 419,997.98 0.00 44,511,377.44 625,933.45 0.00
1-A-27 0.00 0.00 28,565,000.00 130,922.92 0.00
1-A-28 (26,894.12) 0.00 5,894,701.58 0.00 0.00
1-A-29 26,894.12 0.00 15,089,298.42 96,176.67 0.00
1-A-30 0.00 0.00 1,098,000.00 5,032.50 0.00
1-A-31 378,396.14 0.00 33,189,039.05 532,246.88 0.00
1-A-32 15,360.50 0.00 1,347,265.76 21,605.87 0.00
1-A-R 0.00 0.00 0.00 0.78 0.00
2-A-1 0.00 0.00 21,583,000.00 98,922.08 0.00
2-A-2 2,706,313.05 0.00 145,424,894.62 3,385,247.75 0.00
2-A-3 0.00 0.00 31,907,000.00 146,240.42 0.00
2-A-4 0.00 0.00 1,136,000.00 5,206.67 0.00
30-PO 7,053.23 0.00 1,905,562.37 7,053.23 0.00
1-A-IO 0.00 0.00 0.00 19,381.18 0.00
2-A-IO 0.00 0.00 0.00 14,153.91 0.00
1-B-1 7,213.48 0.00 6,590,345.30 37,452.29 0.00
1-B-2 2,003.26 0.00 1,830,210.35 10,400.91 0.00
1-B-3 1,202.61 0.00 1,098,721.72 6,243.93 0.00
1-B-4 801.74 0.00 732,481.15 4,162.62 0.00
1-B-5 600.76 0.00 548,864.60 3,119.14 0.00
1-B-6 601.72 0.00 549,741.00 3,124.12 0.00
2-B-1 4,078.40 0.00 3,721,130.73 21,152.28 0.00
2-B-2 1,482.76 0.00 1,352,867.75 7,690.20 0.00
2-B-3 741.92 0.00 676,930.16 3,847.92 0.00
2-B-4 493.89 0.00 450,625.06 2,561.52 0.00
2-B-5 370.96 0.00 338,465.08 1,923.96 0.00
2-B-6 370.91 0.00 338,420.90 1,923.71 0.00
Totals 4,771,508.14 0.00 549,111,970.89 7,334,910.50 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
This report has been compiled from information provided to Wells Fargo Bank, N.A. by various
third parties, which may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received
from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly
disclaims any responsibility for the accuracy or completeness of information furnished by
third parties.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1-A-1 14,420,000.00 11,561,708.75 26,283.90 121,759.41 0.00 0.00
1-A-2 125,000.00 125,000.00 0.00 0.00 0.00 0.00
1-A-3 2,100,000.00 2,100,000.00 0.00 0.00 0.00 0.00
1-A-4 680,000.00 680,000.00 0.00 0.00 0.00 0.00
1-A-5 3,256,500.00 3,256,500.00 0.00 0.00 0.00 0.00
1-A-6 4,550,000.00 3,648,111.99 8,293.46 38,419.23 0.00 0.00
1-A-7 0.00 0.00 0.00 0.00 0.00 0.00
1-A-8 1,410,000.00 1,130,513.82 2,570.06 11,905.74 0.00 0.00
1-A-9 2,200,000.00 1,763,922.28 4,010.03 18,576.33 0.00 0.00
1-A-10 4,000,000.00 3,207,000.00 7,279.22 33,720.78 0.00 0.00
1-A-11 2,373,000.00 2,373,000.00 0.00 0.00 0.00 0.00
1-A-12 6,000,000.00 4,810,697.12 10,936.44 50,662.72 0.00 0.00
1-A-13 1,000,000.00 801,782.85 1,822.74 8,443.79 0.00 0.00
1-A-15 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
1-A-16 4,800,000.00 4,703,595.29 5,062.09 23,449.96 0.00 0.00
1-A-17 3,200,000.00 1,710,667.54 9,519.83 44,100.33 0.00 0.00
1-A-18 10,000,000.00 9,566,123.69 17,683.00 81,915.98 0.00 0.00
1-A-19 30,231,000.00 28,919,348.52 53,457.48 247,640.19 0.00 0.00
1-A-20 29,264,000.00 29,264,000.00 0.00 0.00 0.00 0.00
1-A-21 22,137,000.00 22,137,000.00 0.00 0.00 0.00 0.00
1-A-22 1,314,000.00 1,314,000.00 0.00 0.00 0.00 0.00
1-A-23 1,307,000.00 1,307,000.00 0.00 0.00 0.00 0.00
1-A-24 20,866,500.00 20,866,500.00 0.00 0.00 0.00 0.00
1-A-25 40,000,000.00 35,209,980.80 70,468.56 326,443.53 0.00 0.00
1-A-26 50,000,000.00 44,931,375.42 74,567.27 345,430.71 0.00 0.00
1-A-27 28,565,000.00 28,565,000.00 0.00 0.00 0.00 0.00
1-A-28 5,709,000.00 5,867,807.46 0.00 0.00 (26,894.12) 0.00
1-A-29 15,275,000.00 15,116,192.54 4,774.83 22,119.28 0.00 0.00
1-A-30 1,098,000.00 1,098,000.00 0.00 0.00 0.00 0.00
1-A-31 38,134,000.00 33,567,435.19 67,181.20 311,214.94 0.00 0.00
1-A-32 1,548,000.00 1,362,626.26 2,727.13 12,633.36 0.00 0.00
1-A-R 100.00 0.00 0.00 0.00 0.00 0.00
2-A-1 21,583,000.00 21,583,000.00 0.00 0.00 0.00 0.00
2-A-2 165,542,000.00 148,131,207.68 221,980.60 2,484,332.45 0.00 0.00
2-A-3 31,907,000.00 31,907,000.00 0.00 0.00 0.00 0.00
2-A-4 1,136,000.00 1,136,000.00 0.00 0.00 0.00 0.00
30-PO 1,971,571.00 1,912,615.61 2,196.45 4,856.79 0.00 0.00
1-A-IO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-IO 0.00 0.00 0.00 0.00 0.00 0.00
1-B-1 6,640,000.00 6,597,558.78 7,213.48 0.00 0.00 0.00
1-B-2 1,844,000.00 1,832,213.61 2,003.26 0.00 0.00 0.00
1-B-3 1,107,000.00 1,099,924.33 1,202.61 0.00 0.00 0.00
1-B-4 738,000.00 733,282.89 801.74 0.00 0.00 0.00
1-B-5 553,000.00 549,465.36 600.76 0.00 0.00 0.00
1-B-6 553,883.00 550,342.72 601.72 0.00 0.00 0.00
2-B-1 3,749,000.00 3,725,209.13 4,078.40 0.00 0.00 0.00
2-B-2 1,363,000.00 1,354,350.51 1,482.76 0.00 0.00 0.00
2-B-3 682,000.00 677,672.08 741.92 0.00 0.00 0.00
2-B-4 454,000.00 451,118.95 493.89 0.00 0.00 0.00
2-B-5 341,000.00 338,836.04 370.96 0.00 0.00 0.00
2-B-6 340,955.00 338,791.82 370.91 0.00 0.00 0.00
Totals 596,068,509.00 553,883,479.03 610,776.70 4,187,625.52 (26,894.12) 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 148,043.32 11,413,665.44 0.79151633 148,043.32
1-A-2 0.00 125,000.00 1.00000000 0.00
1-A-3 0.00 2,100,000.00 1.00000000 0.00
1-A-4 0.00 680,000.00 1.00000000 0.00
1-A-5 0.00 3,256,500.00 1.00000000 0.00
1-A-6 46,712.70 3,601,399.29 0.79151633 46,712.70
1-A-7 0.00 0.00 0.00000000 0.00
1-A-8 14,475.80 1,116,038.02 0.79151633 14,475.80
1-A-9 22,586.36 1,741,335.92 0.79151633 22,586.36
1-A-10 41,000.00 3,166,000.00 0.79150000 41,000.00
1-A-11 0.00 2,373,000.00 1.00000000 0.00
1-A-12 61,599.16 4,749,097.96 0.79151633 61,599.16
1-A-13 10,266.53 791,516.33 0.79151633 10,266.53
1-A-15 0.00 10,000,000.00 1.00000000 0.00
1-A-16 28,512.05 4,675,083.24 0.97397567 28,512.05
1-A-17 53,620.17 1,657,047.38 0.51782731 53,620.17
1-A-18 99,598.98 9,466,524.71 0.94665247 99,598.98
1-A-19 301,097.67 28,618,250.85 0.94665247 301,097.67
1-A-20 0.00 29,264,000.00 1.00000000 0.00
1-A-21 0.00 22,137,000.00 1.00000000 0.00
1-A-22 0.00 1,314,000.00 1.00000000 0.00
1-A-23 0.00 1,307,000.00 1.00000000 0.00
1-A-24 0.00 20,866,500.00 1.00000000 0.00
1-A-25 396,912.09 34,813,068.71 0.87032672 396,912.09
1-A-26 419,997.98 44,511,377.44 0.89022755 419,997.98
1-A-27 0.00 28,565,000.00 1.00000000 0.00
1-A-28 (26,894.12) 5,894,701.58 1.03252786 (26,894.12)
1-A-29 26,894.12 15,089,298.42 0.98784278 26,894.12
1-A-30 0.00 1,098,000.00 1.00000000 0.00
1-A-31 378,396.14 33,189,039.05 0.87032672 378,396.14
1-A-32 15,360.50 1,347,265.76 0.87032672 15,360.50
1-A-R 0.00 0.00 0.00000000 0.00
2-A-1 0.00 21,583,000.00 1.00000000 0.00
2-A-2 2,706,313.05 145,424,894.62 0.87847733 2,706,313.05
2-A-3 0.00 31,907,000.00 1.00000000 0.00
2-A-4 0.00 1,136,000.00 1.00000000 0.00
30-PO 7,053.23 1,905,562.37 0.96651978 7,053.23
1-A-IO 0.00 0.00 0.00000000 0.00
2-A-IO 0.00 0.00 0.00000000 0.00
1-B-1 7,213.48 6,590,345.30 0.99252188 7,213.48
1-B-2 2,003.26 1,830,210.35 0.99252188 2,003.26
1-B-3 1,202.61 1,098,721.72 0.99252188 1,202.61
1-B-4 801.74 732,481.15 0.99252188 801.74
1-B-5 600.76 548,864.60 0.99252188 600.76
1-B-6 601.72 549,741.00 0.99252189 601.72
2-B-1 4,078.40 3,721,130.73 0.99256621 4,078.40
2-B-2 1,482.76 1,352,867.75 0.99256621 1,482.76
2-B-3 741.92 676,930.16 0.99256622 741.92
2-B-4 493.89 450,625.06 0.99256621 493.89
2-B-5 370.96 338,465.08 0.99256622 370.96
2-B-6 370.91 338,420.90 0.99256764 370.91
Totals 4,771,508.14 549,111,970.89 0.92122292 4,771,508.14
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1-A-1 14,420,000.00 801.78285368 1.82273925 8.44378710 0.00000000
1-A-2 125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 2,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 680,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 3,256,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 4,550,000.00 801.78285495 1.82273846 8.44378681 0.00000000
1-A-7 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-8 1,410,000.00 801.78285106 1.82273759 8.44378723 0.00000000
1-A-9 2,200,000.00 801.78285455 1.82274091 8.44378636 0.00000000
1-A-10 4,000,000.00 801.75000000 1.81980500 8.43019500 0.00000000
1-A-11 2,373,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-12 6,000,000.00 801.78285333 1.82274000 8.44378667 0.00000000
1-A-13 1,000,000.00 801.78285000 1.82274000 8.44379000 0.00000000
1-A-15 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 4,800,000.00 979.91568542 1.05460208 4.88540833 0.00000000
1-A-17 3,200,000.00 534.58360625 2.97494687 13.78135313 0.00000000
1-A-18 10,000,000.00 956.61236900 1.76830000 8.19159800 0.00000000
1-A-19 30,231,000.00 956.61236876 1.76830009 8.19159770 0.00000000
1-A-20 29,264,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-21 22,137,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 1,314,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-23 1,307,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-24 20,866,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-25 40,000,000.00 880.24952000 1.76171400 8.16108825 0.00000000
1-A-26 50,000,000.00 898.62750840 1.49134540 6.90861420 0.00000000
1-A-27 28,565,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-28 5,709,000.00 1027.81703626 0.00000000 0.00000000 (4.71082852)
1-A-29 15,275,000.00 989.60343961 0.31259116 1.44807070 0.00000000
1-A-30 1,098,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-31 38,134,000.00 880.24951985 1.76171396 8.16108827 0.00000000
1-A-32 1,548,000.00 880.24952196 1.76171189 8.16108527 0.00000000
1-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 21,583,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-2 165,542,000.00 894.82552875 1.34093221 15.00726372 0.00000000
2-A-3 31,907,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 1,136,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
30-PO 1,971,571.00 970.09725239 1.11406082 2.46341116 0.00000000
1-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-B-1 6,640,000.00 993.60825000 1.08636747 0.00000000 0.00000000
1-B-2 1,844,000.00 993.60824837 1.08636659 0.00000000 0.00000000
1-B-3 1,107,000.00 993.60824752 1.08636856 0.00000000 0.00000000
1-B-4 738,000.00 993.60825203 1.08636856 0.00000000 0.00000000
1-B-5 553,000.00 993.60824593 1.08636528 0.00000000 0.00000000
1-B-6 553,883.00 993.60825301 1.08636662 0.00000000 0.00000000
2-B-1 3,749,000.00 993.65407575 1.08786343 0.00000000 0.00000000
2-B-2 1,363,000.00 993.65407924 1.08786500 0.00000000 0.00000000
2-B-3 682,000.00 993.65407625 1.08785924 0.00000000 0.00000000
2-B-4 454,000.00 993.65407489 1.08786344 0.00000000 0.00000000
2-B-5 341,000.00 993.65407625 1.08785924 0.00000000 0.00000000
2-B-6 340,955.00 993.65552639 1.08785617 0.00000000 0.00000000
<FN>
(2) All classes are per $1,000 denomination
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 10.26652705 791.51632732 0.79151633 10.26652705
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-6 0.00000000 10.26652747 791.51632747 0.79151633 10.26652747
1-A-7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-8 0.00000000 10.26652482 791.51632624 0.79151633 10.26652482
1-A-9 0.00000000 10.26652727 791.51632727 0.79151633 10.26652727
1-A-10 0.00000000 10.25000000 791.50000000 0.79150000 10.25000000
1-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-12 0.00000000 10.26652667 791.51632667 0.79151633 10.26652667
1-A-13 0.00000000 10.26653000 791.51633000 0.79151633 10.26653000
1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-16 0.00000000 5.94001042 973.97567500 0.97397567 5.94001042
1-A-17 0.00000000 16.75630312 517.82730625 0.51782731 16.75630312
1-A-18 0.00000000 9.95989800 946.65247100 0.94665247 9.95989800
1-A-19 0.00000000 9.95989779 946.65247097 0.94665247 9.95989779
1-A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-22 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-23 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-24 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-25 0.00000000 9.92280225 870.32671775 0.87032672 9.92280225
1-A-26 0.00000000 8.39995960 890.22754880 0.89022755 8.39995960
1-A-27 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-28 0.00000000 (4.71082852) 1,032.52786477 1.03252786 (4.71082852)
1-A-29 0.00000000 1.76066252 987.84277709 0.98784278 1.76066252
1-A-30 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-31 0.00000000 9.92280222 870.32671763 0.87032672 9.92280222
1-A-32 0.00000000 9.92280362 870.32671835 0.87032672 9.92280362
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-2 0.00000000 16.34819593 878.47733276 0.87847733 16.34819593
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
30-PO 0.00000000 3.57746690 966.51978042 0.96651978 3.57746690
1-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-B-1 0.00000000 1.08636747 992.52188253 0.99252188 1.08636747
1-B-2 0.00000000 1.08636659 992.52188178 0.99252188 1.08636659
1-B-3 0.00000000 1.08636856 992.52187895 0.99252188 1.08636856
1-B-4 0.00000000 1.08636856 992.52188347 0.99252188 1.08636856
1-B-5 0.00000000 1.08636528 992.52188065 0.99252188 1.08636528
1-B-6 0.00000000 1.08636662 992.52188639 0.99252189 1.08636662
2-B-1 0.00000000 1.08786343 992.56621232 0.99256621 1.08786343
2-B-2 0.00000000 1.08786500 992.56621423 0.99256621 1.08786500
2-B-3 0.00000000 1.08785924 992.56621701 0.99256622 1.08785924
2-B-4 0.00000000 1.08786344 992.56621145 0.99256621 1.08786344
2-B-5 0.00000000 1.08785924 992.56621701 0.99256622 1.08785924
2-B-6 0.00000000 1.08785617 992.56764089 0.99256764 1.08785617
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 14,420,000.00 5.50000% 11,561,708.75 52,991.17 0.00 0.00
1-A-2 125,000.00 5.50000% 125,000.00 572.92 0.00 0.00
1-A-3 2,100,000.00 5.50000% 2,100,000.00 9,625.00 0.00 0.00
1-A-4 680,000.00 5.50000% 680,000.00 3,116.67 0.00 0.00
1-A-5 3,256,500.00 5.50000% 3,256,500.00 14,925.63 0.00 0.00
1-A-6 4,550,000.00 4.89313% 3,648,111.99 14,875.57 0.00 0.00
1-A-7 0.00 5.50000% 2,184,163.45 10,010.75 0.00 0.00
1-A-8 1,410,000.00 6.51145% 1,130,513.82 6,134.40 0.00 0.00
1-A-9 2,200,000.00 6.10687% 1,763,922.28 8,976.70 0.00 0.00
1-A-10 4,000,000.00 5.50000% 3,207,000.00 14,698.75 0.00 0.00
1-A-11 2,373,000.00 5.50000% 2,373,000.00 10,876.25 0.00 0.00
1-A-12 6,000,000.00 5.25000% 4,810,697.12 21,046.80 0.00 0.00
1-A-13 1,000,000.00 7.00000% 801,782.85 4,677.07 0.00 0.00
1-A-15 10,000,000.00 5.50000% 10,000,000.00 45,833.33 0.00 0.00
1-A-16 4,800,000.00 5.50000% 4,703,595.29 21,558.15 0.00 0.00
1-A-17 3,200,000.00 5.50000% 1,710,667.54 7,840.56 0.00 0.00
1-A-18 10,000,000.00 5.00000% 9,566,123.69 39,858.85 0.00 0.00
1-A-19 30,231,000.00 5.25000% 28,919,348.52 126,522.15 0.00 0.00
1-A-20 29,264,000.00 5.50000% 29,264,000.00 134,126.67 0.00 0.00
1-A-21 22,137,000.00 5.50000% 22,137,000.00 101,461.25 0.00 0.00
1-A-22 1,314,000.00 5.50000% 1,314,000.00 6,022.50 0.00 0.00
1-A-23 1,307,000.00 5.50000% 1,307,000.00 5,990.42 0.00 0.00
1-A-24 20,866,500.00 5.50000% 20,866,500.00 95,638.13 0.00 0.00
1-A-25 40,000,000.00 5.50000% 35,209,980.80 161,379.08 0.00 0.00
1-A-26 50,000,000.00 5.50000% 44,931,375.42 205,935.47 0.00 0.00
1-A-27 28,565,000.00 5.50000% 28,565,000.00 130,922.92 0.00 0.00
1-A-28 5,709,000.00 5.50000% 5,867,807.46 26,894.12 0.00 0.00
1-A-29 15,275,000.00 5.50000% 15,116,192.54 69,282.55 0.00 0.00
1-A-30 1,098,000.00 5.50000% 1,098,000.00 5,032.50 0.00 0.00
1-A-31 38,134,000.00 5.50000% 33,567,435.19 153,850.74 0.00 0.00
1-A-32 1,548,000.00 5.50000% 1,362,626.26 6,245.37 0.00 0.00
1-A-R 100.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 21,583,000.00 5.50000% 21,583,000.00 98,922.08 0.00 0.00
2-A-2 165,542,000.00 5.50000% 148,131,207.68 678,934.70 0.00 0.00
2-A-3 31,907,000.00 5.50000% 31,907,000.00 146,240.42 0.00 0.00
2-A-4 1,136,000.00 5.50000% 1,136,000.00 5,206.67 0.00 0.00
30-PO 1,971,571.00 0.00000% 1,912,615.61 0.00 0.00 0.00
1-A-IO 0.00 5.50000% 4,228,621.71 19,381.18 0.00 0.00
2-A-IO 0.00 5.50000% 3,088,126.12 14,153.91 0.00 0.00
1-B-1 6,640,000.00 5.50000% 6,597,558.78 30,238.81 0.00 0.00
1-B-2 1,844,000.00 5.50000% 1,832,213.61 8,397.65 0.00 0.00
1-B-3 1,107,000.00 5.50000% 1,099,924.33 5,041.32 0.00 0.00
1-B-4 738,000.00 5.50000% 733,282.89 3,360.88 0.00 0.00
1-B-5 553,000.00 5.50000% 549,465.36 2,518.38 0.00 0.00
1-B-6 553,883.00 5.50000% 550,342.72 2,522.40 0.00 0.00
2-B-1 3,749,000.00 5.50000% 3,725,209.13 17,073.88 0.00 0.00
2-B-2 1,363,000.00 5.50000% 1,354,350.51 6,207.44 0.00 0.00
2-B-3 682,000.00 5.50000% 677,672.08 3,106.00 0.00 0.00
2-B-4 454,000.00 5.50000% 451,118.95 2,067.63 0.00 0.00
2-B-5 341,000.00 5.50000% 338,836.04 1,553.00 0.00 0.00
2-B-6 340,955.00 5.50000% 338,791.82 1,552.80 0.00 0.00
Totals 596,068,509.00 2,563,401.59 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00 0.00 52,991.17 0.00 11,413,665.44
1-A-2 0.00 0.00 572.92 0.00 125,000.00
1-A-3 0.00 0.00 9,625.00 0.00 2,100,000.00
1-A-4 0.00 0.00 3,116.67 0.00 680,000.00
1-A-5 0.00 0.00 14,925.62 0.00 3,256,500.00
1-A-6 0.00 0.00 14,875.57 0.00 3,601,399.29
1-A-7 0.00 0.00 10,010.75 0.00 2,161,422.74
1-A-8 0.00 0.00 6,134.40 0.00 1,116,038.02
1-A-9 0.00 0.00 8,976.70 0.00 1,741,335.92
1-A-10 0.00 0.00 14,698.75 0.00 3,166,000.00
1-A-11 0.00 0.00 10,876.25 0.00 2,373,000.00
1-A-12 0.00 0.00 21,046.80 0.00 4,749,097.96
1-A-13 0.00 0.00 4,677.07 0.00 791,516.33
1-A-15 0.00 0.00 45,833.33 0.00 10,000,000.00
1-A-16 0.00 0.00 21,558.15 0.00 4,675,083.24
1-A-17 0.00 0.00 7,840.56 0.00 1,657,047.38
1-A-18 0.00 0.00 39,858.85 0.00 9,466,524.71
1-A-19 0.00 0.00 126,522.15 0.00 28,618,250.85
1-A-20 0.00 0.00 134,126.67 0.00 29,264,000.00
1-A-21 0.00 0.00 101,461.25 0.00 22,137,000.00
1-A-22 0.00 0.00 6,022.50 0.00 1,314,000.00
1-A-23 0.00 0.00 5,990.42 0.00 1,307,000.00
1-A-24 0.00 0.00 95,638.13 0.00 20,866,500.00
1-A-25 0.00 0.00 161,379.08 0.00 34,813,068.71
1-A-26 0.00 0.00 205,935.47 0.00 44,511,377.44
1-A-27 0.00 0.00 130,922.92 0.00 28,565,000.00
1-A-28 0.00 0.00 26,894.12 0.00 5,894,701.58
1-A-29 0.00 0.00 69,282.55 0.00 15,089,298.42
1-A-30 0.00 0.00 5,032.50 0.00 1,098,000.00
1-A-31 0.00 0.00 153,850.74 0.00 33,189,039.05
1-A-32 0.00 0.00 6,245.37 0.00 1,347,265.76
1-A-R 0.00 0.00 0.78 0.00 0.00
2-A-1 0.00 0.00 98,922.08 0.00 21,583,000.00
2-A-2 0.00 0.00 678,934.70 0.00 145,424,894.62
2-A-3 0.00 0.00 146,240.42 0.00 31,907,000.00
2-A-4 0.00 0.00 5,206.67 0.00 1,136,000.00
30-PO 0.00 0.00 0.00 0.00 1,905,562.37
1-A-IO 0.00 0.00 19,381.18 0.00 4,179,552.67
2-A-IO 0.00 0.00 14,153.91 0.00 3,049,352.41
1-B-1 0.00 0.00 30,238.81 0.00 6,590,345.30
1-B-2 0.00 0.00 8,397.65 0.00 1,830,210.35
1-B-3 0.00 0.00 5,041.32 0.00 1,098,721.72
1-B-4 0.00 0.00 3,360.88 0.00 732,481.15
1-B-5 0.00 0.00 2,518.38 0.00 548,864.60
1-B-6 0.00 0.00 2,522.40 0.00 549,741.00
2-B-1 0.00 0.00 17,073.88 0.00 3,721,130.73
2-B-2 0.00 0.00 6,207.44 0.00 1,352,867.75
2-B-3 0.00 0.00 3,106.00 0.00 676,930.16
2-B-4 0.00 0.00 2,067.63 0.00 450,625.06
2-B-5 0.00 0.00 1,553.00 0.00 338,465.08
2-B-6 0.00 0.00 1,552.80 0.00 338,420.90
Totals 0.00 0.00 2,563,402.36 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 14,420,000.00 5.50000% 801.78285368 3.67483842 0.00000000 0.00000000
1-A-2 125,000.00 5.50000% 1000.00000000 4.58336000 0.00000000 0.00000000
1-A-3 2,100,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-4 680,000.00 5.50000% 1000.00000000 4.58333824 0.00000000 0.00000000
1-A-5 3,256,500.00 5.50000% 1000.00000000 4.58333487 0.00000000 0.00000000
1-A-6 4,550,000.00 4.89313% 801.78285495 3.26935604 0.00000000 0.00000000
1-A-7 0.00 5.50000% 956.61248312 4.38447426 0.00000000 0.00000000
1-A-8 1,410,000.00 6.51145% 801.78285106 4.35063830 0.00000000 0.00000000
1-A-9 2,200,000.00 6.10687% 801.78285455 4.08031818 0.00000000 0.00000000
1-A-10 4,000,000.00 5.50000% 801.75000000 3.67468750 0.00000000 0.00000000
1-A-11 2,373,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-12 6,000,000.00 5.25000% 801.78285333 3.50780000 0.00000000 0.00000000
1-A-13 1,000,000.00 7.00000% 801.78285000 4.67707000 0.00000000 0.00000000
1-A-15 10,000,000.00 5.50000% 1000.00000000 4.58333300 0.00000000 0.00000000
1-A-16 4,800,000.00 5.50000% 979.91568542 4.49128125 0.00000000 0.00000000
1-A-17 3,200,000.00 5.50000% 534.58360625 2.45017500 0.00000000 0.00000000
1-A-18 10,000,000.00 5.00000% 956.61236900 3.98588500 0.00000000 0.00000000
1-A-19 30,231,000.00 5.25000% 956.61236876 4.18517912 0.00000000 0.00000000
1-A-20 29,264,000.00 5.50000% 1000.00000000 4.58333345 0.00000000 0.00000000
1-A-21 22,137,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-22 1,314,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-23 1,307,000.00 5.50000% 1000.00000000 4.58333588 0.00000000 0.00000000
1-A-24 20,866,500.00 5.50000% 1000.00000000 4.58333357 0.00000000 0.00000000
1-A-25 40,000,000.00 5.50000% 880.24952000 4.03447700 0.00000000 0.00000000
1-A-26 50,000,000.00 5.50000% 898.62750840 4.11870940 0.00000000 0.00000000
1-A-27 28,565,000.00 5.50000% 1000.00000000 4.58333345 0.00000000 0.00000000
1-A-28 5,709,000.00 5.50000% 1027.81703626 4.71082852 0.00000000 0.00000000
1-A-29 15,275,000.00 5.50000% 989.60343961 4.53568249 0.00000000 0.00000000
1-A-30 1,098,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-31 38,134,000.00 5.50000% 880.24951985 4.03447684 0.00000000 0.00000000
1-A-32 1,548,000.00 5.50000% 880.24952196 4.03447674 0.00000000 0.00000000
1-A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 21,583,000.00 5.50000% 1000.00000000 4.58333318 0.00000000 0.00000000
2-A-2 165,542,000.00 5.50000% 894.82552875 4.10128366 0.00000000 0.00000000
2-A-3 31,907,000.00 5.50000% 1000.00000000 4.58333344 0.00000000 0.00000000
2-A-4 1,136,000.00 5.50000% 1000.00000000 4.58333627 0.00000000 0.00000000
30-PO 1,971,571.00 0.00000% 970.09725239 0.00000000 0.00000000 0.00000000
1-A-IO 0.00 5.50000% 916.20506586 4.19927260 0.00000000 0.00000000
2-A-IO 0.00 5.50000% 916.83808285 4.20217414 0.00000000 0.00000000
1-B-1 6,640,000.00 5.50000% 993.60825000 4.55403765 0.00000000 0.00000000
1-B-2 1,844,000.00 5.50000% 993.60824837 4.55404013 0.00000000 0.00000000
1-B-3 1,107,000.00 5.50000% 993.60824752 4.55403794 0.00000000 0.00000000
1-B-4 738,000.00 5.50000% 993.60825203 4.55403794 0.00000000 0.00000000
1-B-5 553,000.00 5.50000% 993.60824593 4.55403255 0.00000000 0.00000000
1-B-6 553,883.00 5.50000% 993.60825301 4.55403036 0.00000000 0.00000000
2-B-1 3,749,000.00 5.50000% 993.65407575 4.55424913 0.00000000 0.00000000
2-B-2 1,363,000.00 5.50000% 993.65407924 4.55424798 0.00000000 0.00000000
2-B-3 682,000.00 5.50000% 993.65407625 4.55425220 0.00000000 0.00000000
2-B-4 454,000.00 5.50000% 993.65407489 4.55425110 0.00000000 0.00000000
2-B-5 341,000.00 5.50000% 993.65407625 4.55425220 0.00000000 0.00000000
2-B-6 340,955.00 5.50000% 993.65552639 4.55426669 0.00000000 0.00000000
<FN>
(5) All classes are per $1,000 denomination
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 0.00000000 3.67483842 0.00000000 791.51632732
1-A-2 0.00000000 0.00000000 4.58336000 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-4 0.00000000 0.00000000 4.58333824 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 4.58333180 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 3.26935604 0.00000000 791.51632747
1-A-7 0.00000000 0.00000000 4.38447426 0.00000000 946.65258426
1-A-8 0.00000000 0.00000000 4.35063830 0.00000000 791.51632624
1-A-9 0.00000000 0.00000000 4.08031818 0.00000000 791.51632727
1-A-10 0.00000000 0.00000000 3.67468750 0.00000000 791.50000000
1-A-11 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-12 0.00000000 0.00000000 3.50780000 0.00000000 791.51632667
1-A-13 0.00000000 0.00000000 4.67707000 0.00000000 791.51633000
1-A-15 0.00000000 0.00000000 4.58333300 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.49128125 0.00000000 973.97567500
1-A-17 0.00000000 0.00000000 2.45017500 0.00000000 517.82730625
1-A-18 0.00000000 0.00000000 3.98588500 0.00000000 946.65247100
1-A-19 0.00000000 0.00000000 4.18517912 0.00000000 946.65247097
1-A-20 0.00000000 0.00000000 4.58333345 0.00000000 1000.00000000
1-A-21 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-23 0.00000000 0.00000000 4.58333588 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.58333357 0.00000000 1000.00000000
1-A-25 0.00000000 0.00000000 4.03447700 0.00000000 870.32671775
1-A-26 0.00000000 0.00000000 4.11870940 0.00000000 890.22754880
1-A-27 0.00000000 0.00000000 4.58333345 0.00000000 1000.00000000
1-A-28 0.00000000 0.00000000 4.71082852 0.00000000 1032.52786477
1-A-29 0.00000000 0.00000000 4.53568249 0.00000000 987.84277709
1-A-30 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-31 0.00000000 0.00000000 4.03447684 0.00000000 870.32671763
1-A-32 0.00000000 0.00000000 4.03447674 0.00000000 870.32671835
1-A-R 0.00000000 0.00000000 7.80000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.58333318 0.00000000 1000.00000000
2-A-2 0.00000000 0.00000000 4.10128366 0.00000000 878.47733276
2-A-3 0.00000000 0.00000000 4.58333344 0.00000000 1000.00000000
2-A-4 0.00000000 0.00000000 4.58333627 0.00000000 1000.00000000
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 966.51978042
1-A-IO 0.00000000 0.00000000 4.19927260 0.00000000 905.57339765
2-A-IO 0.00000000 0.00000000 4.20217414 0.00000000 905.32650186
1-B-1 0.00000000 0.00000000 4.55403765 0.00000000 992.52188253
1-B-2 0.00000000 0.00000000 4.55404013 0.00000000 992.52188178
1-B-3 0.00000000 0.00000000 4.55403794 0.00000000 992.52187895
1-B-4 0.00000000 0.00000000 4.55403794 0.00000000 992.52188347
1-B-5 0.00000000 0.00000000 4.55403255 0.00000000 992.52188065
1-B-6 0.00000000 0.00000000 4.55403036 0.00000000 992.52188639
2-B-1 0.00000000 0.00000000 4.55424913 0.00000000 992.56621232
2-B-2 0.00000000 0.00000000 4.55424798 0.00000000 992.56621423
2-B-3 0.00000000 0.00000000 4.55425220 0.00000000 992.56621701
2-B-4 0.00000000 0.00000000 4.55425110 0.00000000 992.56621145
2-B-5 0.00000000 0.00000000 4.55425220 0.00000000 992.56621701
2-B-6 0.00000000 0.00000000 4.55426669 0.00000000 992.56764089
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
30-PO-1 0.00000% 0.00 0.00 1,831,919.41 1,825,667.20 96.89251621%
30-PO-2 0.00000% 0.00 0.00 80,696.19 79,895.17 91.46346964%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 7,452,379.98
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 7,452,379.98
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 117,469.48
Payment of Interest and Principal 7,334,910.50
Total Withdrawals (Pool Distribution Amount) 7,452,379.98
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 115,392.42
Trustee Fee - Wells Fargo Bank, N.A. 2,077.06
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 117,469.48
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
1-A-10 Reserve Fund 868.58 65.31 131.42 934.69
1-A-11 Reserve Fund 999.99 0.00 0.00 999.99
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 3 0 0 0 3
627,425.46 0.00 0.00 0.00 627,425.46
60 Days 2 0 0 0 2
345,122.66 0.00 0.00 0.00 345,122.66
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 0 0 5
972,548.12 0.00 0.00 0.00 972,548.12
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.200669% 0.000000% 0.000000% 0.000000% 0.200669%
0.114165% 0.000000% 0.000000% 0.000000% 0.114165%
60 Days 0.133779% 0.000000% 0.000000% 0.000000% 0.133779%
0.062798% 0.000000% 0.000000% 0.000000% 0.062798%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.334448% 0.000000% 0.000000% 0.000000% 0.334448%
0.176963% 0.000000% 0.000000% 0.000000% 0.176963%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 -30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 -15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 3 0 0 0 3
627,425.46 0.00 0.00 0.00 627,425.46
60 Days 2 0 0 0 2
345,122.66 0.00 0.00 0.00 345,122.66
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 0 0 5
972,548.12 0.00 0.00 0.00 972,548.12
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.352113% 0.000000% 0.000000% 0.000000% 0.352113%
0.302831% 0.000000% 0.000000% 0.000000% 0.302831%
60 Days 0.234742% 0.000000% 0.000000% 0.000000% 0.234742%
0.166576% 0.000000% 0.000000% 0.000000% 0.166576%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.586854% 0.000000% 0.000000% 0.000000% 0.586854%
0.469407% 0.000000% 0.000000% 0.000000% 0.469407%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 5,576.00
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current REO Total Mar-05 0.000%
Loans in REO 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 -30 Year Fixed 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current REO Total Mar-05 0.000%
Loans in REO 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 -15 Year Fixed 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current REO Total Mar-05 0.000%
Loans in REO 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number REO Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued)
Current Paid Current Approximate
Loan Principal To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current Foreclosure Total Mar-05 0.000%
Loans in Foreclosure 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 -30 Year Fixed 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current Foreclosure Total Mar-05 0.000%
Loans in Foreclosure 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 -15 Year Fixed 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Nov-04 0.000%
Original Principal Balance 0.00 Dec-04 0.000%
Current Principal Balance 0.00 Jan-05 0.000%
Feb-05 0.000%
Current Foreclosure Total Mar-05 0.000%
Loans in Foreclosure 0 Apr-05 0.000%
Original Principal Balance 0.00 May-05 0.000%
Current Principal Balance 0.00 Jun-05 0.000%
Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number FC Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure loans this period.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)
Current Paid Current Approximate
Loan Principal To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure loans this period.
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.808163%
Weighted Average Pass-Through Rate 5.553663%
Weighted Average Maturity(Stepdown Calculation) 351
Beginning Scheduled Collateral Loan Count 1,509
Number Of Loans Paid In Full 14
Ending Scheduled Collateral Loan Count 1,495
Beginning Scheduled Collateral Balance 553,883,611.62
Ending Scheduled Collateral Balance 549,112,037.38
Ending Actual Collateral Balance at 30-Sep-2005 549,577,803.81
Monthly P&I Constant 3,286,873.58
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 7,217,200.61
Class AP Deferred Amount 0.00
Scheduled Principal 606,001.86
Unscheduled Principal 4,165,572.38
Miscellaneous Reporting
Senior % 96.693890%
Subordinate % 3.306110%
Group Level Collateral Statement
Group 1 -30 Year Fixed 2 -15 Year Fixed Total
Collateral Description Fixed 30 Year Fixed 15 Year Mixed Fixed
Weighted Average Coupon Rate 5.792802 5.833370 5.808163
Weighted Average Net Rate 5.542802 5.583370 5.558163
Weighted Average Maturity 351 351 351
Beginning Loan Count 646 863 1,509
Loans Paid In Full 3 11 14
Ending Loan Count 643 852 1,495
Beginning Scheduled Balance 344,159,729.33 209,723,882.29 553,883,611.62
Ending Scheduled Balance 342,102,808.00 207,009,229.38 549,112,037.38
Record Date 09/30/2005 09/30/2005 09/30/2005
Principal And Interest Constant 2,037,766.88 1,249,106.70 3,286,873.58
Scheduled Principal 376,392.59 229,609.27 606,001.86
Unscheduled Principal 1,680,528.74 2,485,043.64 4,165,572.38
Scheduled Interest 1,661,374.29 1,019,497.43 2,680,871.72
Servicing Fees 71,699.94 43,692.48 115,392.42
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,290.60 786.46 2,077.06
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread 1 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00
Net Interest 1,588,383.75 975,018.49 2,563,402.24
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000 0.0000
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 5.538302 5.578870 5.553663
Miscellaneous Reporting
Group 1 -30 Year Fixed
CPR 5.710833%
Subordinate % 3.319271%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.680729%
Group 2 -15 Year Fixed
CPR 13.341605%
Subordinate % 3.284618%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.715382%
Prepayment Detail - Prepayments during Current Period
Summary Loans Paid In Full Repurchased Loans
Original Current Original Current
Principal Principal Principal Principal
Group Count Balance Balance Count Balance Balance
<s> <c> <c> <c> <c> <c> <c>
1 -30 Year Fixed 3 1,481,500.00 1,469,397.07 0 0.00 0.00
2 -15 Year Fixed 11 2,613,378.00 2,290,724.71 0 0.00 0.00
Total 14 4,094,878.00 3,760,121.78 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued)
Summary Substitution Loans Liquidated Loans Curtailments
Original Current Original Current
Principal Principal Principal Principal Curtailment
Group Count Balance Balance Count Balance Balance Amount
<s> <c> <c> <c> <c> <c> <c> <c>
1 -30 Year Fixed 0 0.00 0.00 0 0.00 0.00 212,811.57
2 -15 Year Fixed 0 0.00 0.00 0 0.00 0.00 198,605.57
Total 0 0.00 0.00 0 0.00 0.00 411,417.14
Prepayment Loan Detail - Prepayments during Current Period
First Original
Loan LTV at Payment Principal Prepayment
Group Number State Origination Date Balance Amount
<s> <c> <c> <c> <c> <c> <c>
1 -30 Year Fixed 6448166949 CA 74.82 01-Mar-2005 535,000.00 530,663.89
1 -30 Year Fixed 6497687142 IL 79.95 01-Apr-2005 534,000.00 529,978.46
1 -30 Year Fixed 6841274209 CA 77.83 01-Jan-2005 412,500.00 407,074.82
2 -15 Year Fixed 3301212415 FL 57.68 01-Feb-2005 152,290.00 150,862.93
2 -15 Year Fixed 3301233510 MD 61.46 01-Mar-2005 228,660.00 226,762.61
2 -15 Year Fixed 3301306761 AZ 80.00 01-Mar-2005 156,630.00 155,330.33
2 -15 Year Fixed 3301347484 WA 71.24 01-Mar-2005 192,350.00 190,753.91
2 -15 Year Fixed 6114170357 RI 73.61 01-Mar-2005 226,000.00 223,974.52
2 -15 Year Fixed 6302371833 VA 95.00 01-Mar-2005 263,150.00 260,914.76
2 -15 Year Fixed 6385825184 CA 74.94 01-Mar-2005 318,500.00 315,857.24
2 -15 Year Fixed 6503947399 CA 70.24 01-Mar-2005 359,650.00 355,323.64
2 -15 Year Fixed 6655113022 CA 59.87 01-Feb-2005 245,500.00 243,118.21
2 -15 Year Fixed 6763215255 RI 79.16 01-Mar-2005 304,000.00 (1,548.60)
2 -15 Year Fixed 6955763799 MD 57.58 01-Feb-2005 166,648.00 165,088.52
Prepayment Loan Detail - Prepayments during Current Period (continued)
Current
Loan PIF Months Loan Original
Group Number Type Delinquent Rate Term Seasoning
<s> <c> <c> <c> <c> <c> <c>
1 -30 Year Fixed 6448166949 Loan Paid in Full (1) 6.000% 360 7
1 -30 Year Fixed 6497687142 Loan Paid in Full (2) 5.875% 360 6
1 -30 Year Fixed 6841274209 Loan Paid in Full 0 5.875% 360 9
2 -15 Year Fixed 3301212415 Loan Paid in Full 1 5.875% 360 8
2 -15 Year Fixed 3301233510 Loan Paid in Full 0 5.875% 360 7
2 -15 Year Fixed 3301306761 Loan Paid in Full 1 5.875% 360 7
2 -15 Year Fixed 3301347484 Loan Paid in Full 0 5.875% 360 7
2 -15 Year Fixed 6114170357 Loan Paid in Full 0 5.875% 360 7
2 -15 Year Fixed 6302371833 Loan Paid in Full 0 5.750% 360 7
2 -15 Year Fixed 6385825184 Loan Paid in Full 0 5.875% 360 7
2 -15 Year Fixed 6503947399 Loan Paid in Full (1) 5.750% 360 7
2 -15 Year Fixed 6655113022 Loan Paid in Full 0 5.750% 360 8
2 -15 Year Fixed 6763215255 Loan Paid in Full 0 5.750% 360 7
2 -15 Year Fixed 6955763799 Loan Paid in Full 0 5.875% 360 8
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.753% Current Month 8.670% Current Month 604.164%
3 Month Average 1.375% 3 Month Average 15.143% 3 Month Average 1,307.847%
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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 10.244% N/A Apr-2005 4,319.109% N/A
May-2005 11.735% N/A May-2005 2,691.048% N/A
Jun-2005 5.955% N/A Jun-2005 936.202% N/A
Jul-2005 9.665% N/A Jul-2005 1,156.346% N/A
Aug-2005 21.980% N/A Aug-2005 2,122.714% N/A
Sep-2005 14.779% N/A Sep-2005 1,196.664% N/A
Oct-2005 8.670% N/A Oct-2005 604.164% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1 -30 Year Fixed
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.489% Current Month 5.711% Current Month 403.087%
3 Month Average 1.171% 3 Month Average 13.031% 3 Month Average 1,127.880%
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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 12.220% N/A Apr-2005 5,584.627% N/A
May-2005 11.874% N/A May-2005 2,841.445% N/A
Jun-2005 5.662% N/A Jun-2005 916.194% N/A
Jul-2005 7.198% N/A Jul-2005 880.544% N/A
Aug-2005 14.729% N/A Aug-2005 1,447.430% N/A
Sep-2005 18.654% N/A Sep-2005 1,533.122% N/A
Oct-2005 5.711% N/A Oct-2005 403.087% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2 -15 Year Fixed
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.186% Current Month 13.342% Current Month 910.602%
3 Month Average 1.703% 3 Month Average 17.964% 3 Month Average 1,533.157%
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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 6.949% N/A Apr-2005 2,603.942% N/A
May-2005 11.508% N/A May-2005 2,472.805% N/A
Jun-2005 6.427% N/A Jun-2005 965.927% N/A
Jul-2005 13.526% N/A Jul-2005 1,562.373% N/A
Aug-2005 32.573% N/A Aug-2005 3,058.136% N/A
Sep-2005 7.978% N/A Sep-2005 630.735% N/A
Oct-2005 13.342% N/A Oct-2005 910.602% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
Calculation Methodology:
Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled
Principal)
Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12)
PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal
Balance))
</FN>
Realized Loss Detail Report - Loans with Losses during Current Period
Summary
# Loans Prior Realized Current
with Principal Loss/(Gain) Loss
Group Losses Balance Amount Percentage
<s> <c> <c> <c> <c>
1 -30 Year Fixed 0 0.00 0.00 0.000%
2 -15 Year Fixed 0 0.00 0.00 0.000%
Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period
Original Current
Loan Principal Note LTV at Original
Group Number Balance Rate State Origination Term
<s> <c> <c> <c> <c> <c> <c>
No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued)
Prior Cumulative
Loan Principal Realized Realized
Group Number Balance Loss/(Gain) Loss/(Gain)
<s> <c> <c> <c> <c>
No losses this period.
Realized Loss Report - Collateral
Summary
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1 -30 Year Fixed
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2 -15 Year Fixed
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-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>
Nov-2004 N/A N/A Nov-2004 N/A N/A
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 0.000% N/A Apr-2005 0.000% N/A
May-2005 0.000% N/A May-2005 0.000% N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-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>