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): December 27, 2005
FBR SECURITIZATION TRUST
Callable Mortgage-Backed Notes, Series 2005-2
(Exact name of registrant as specified in its charter)
New York (governing law of 333-127901-01
Pooling and Servicing Agreement) (Commission N/A
(State or other File Number) IRS EIN
jurisdiction
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 December 27, 2005 a distribution was made to holders of FBR SECURITIZATION
TRUST, Callable Mortgage-Backed Notes, Series 2005-2 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Callable Mortgage-Backed Notes, Series
2005-2 Trust, relating to the December
27, 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.
FBR SECURITIZATION TRUST
Callable Mortgage-Backed Notes, Series 2005-2 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Securities Administrator
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 12/29/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Callable
Mortgage-Backed Notes, Series 2005-2 Trust, relating
to the December 27, 2005 distribution.
EX-99.1
Friedman, Billings, Ramsey & Co., Inc.
Callable Mortgage-Backed Notes
Record Date: 11/30/2005
Distribution Date: 12/27/2005
Friedman, Billings, Ramsey & Co., Inc.
Callable Mortgage-Backed Notes
Series 2005-2
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
Class CUSIP Certificate Beginning Interest
Pass-Through Certificate Distribution
Rate Balance
<s> <c> <c> <c> <c>
AV1 30246QAC7 4.44375% 824,343,988.96 3,256,158.76
AV2-A1 30246QAD5 4.33375% 187,414,169.24 721,961.03
AV2-1B1 30246QAS2 4.31375% 199,981,990.01 766,819.83
AV2-1B2 30246QAT0 4.37375% 76,688,000.00 298,145.90
AV2-2A 30246QAE3 4.44375% 154,260,000.00 609,327.00
AV2-3A 30246QAF0 4.48375% 134,000,000.00 534,064.44
AV2-3B1 30246QAU7 4.46375% 139,180,000.00 552,235.31
AV2-3B2 30246QAV5 4.57375% 24,560,000.00 99,850.04
M-1 30246QAG8 4.67375% 83,200,000.00 345,649.78
M-2 30246QAH6 4.69375% 71,800,000.00 299,565.56
M-3 30246QAJ2 4.70375% 41,030,000.00 171,550.99
M-4 30246QAK9 4.81375% 38,750,000.00 165,806.94
M-5 30246QAL7 4.84375% 35,330,000.00 152,115.28
M-6 30246QAM5 4.91375% 29,630,000.00 129,417.26
M-7 30246QAN3 5.44375% 27,350,000.00 132,343.61
M-8 30246QAP8 5.54375% 22,800,000.00 112,353.33
M-9 30246QAQ6 6.04375% 17,100,000.00 91,865.00
M-10 30246QAR4 6.44375% 48,920,000.00 280,202.89
N 30246QAW3 5.19400% 46,698,517.58 202,126.75
OWNTRST FBR0502OT 0.00000% 0.00 0.00
Totals 2,203,036,665.79 8,921,559.70
Certificateholder Distribution Summary (continued)
Class Principal Current Ending Total Cummulative
Distribution Realized Certificate Distribution Realized
Loss Balance Losses
<s> <c> <c> <c> <c> <c>
AV1 35,694,535.73 0.00 788,649,453.23 38,950,694.49 0.00
AV2-A1 14,116,178.62 0.00 173,297,990.62 14,838,139.65 0.00
AV2-1B1 20,838,995.33 0.00 179,142,994.68 21,605,815.16 0.00
AV2-1B2 0.00 0.00 76,688,000.00 298,145.90 0.00
AV2-2A 0.00 0.00 154,260,000.00 609,327.00 0.00
AV2-3A 0.00 0.00 134,000,000.00 534,064.44 0.00
AV2-3B1 0.00 0.00 139,180,000.00 552,235.31 0.00
AV2-3B2 0.00 0.00 24,560,000.00 99,850.04 0.00
M-1 0.00 0.00 83,200,000.00 345,649.78 0.00
M-2 0.00 0.00 71,800,000.00 299,565.56 0.00
M-3 0.00 0.00 41,030,000.00 171,550.99 0.00
M-4 0.00 0.00 38,750,000.00 165,806.94 0.00
M-5 0.00 0.00 35,330,000.00 152,115.28 0.00
M-6 0.00 0.00 29,630,000.00 129,417.26 0.00
M-7 0.00 0.00 27,350,000.00 132,343.61 0.00
M-8 0.00 0.00 22,800,000.00 112,353.33 0.00
M-9 0.00 0.00 17,100,000.00 91,865.00 0.00
M-10 0.00 0.00 48,920,000.00 280,202.89 0.00
N 4,996,628.33 0.00 41,701,889.25 5,198,755.08 0.00
OWNTRST 0.00 0.00 0.00 0.00 0.00
Totals 75,646,338.01 0.00 2,127,390,327.78 84,567,897.71 0.00
<FN>
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
Class Original Beginning Scheduled UnScheduled Accretion Realized
Face Certificate Principal Principal Loss
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
AV1 876,720,000.00 824,343,988.96 0.00 35,694,535.73 0.00 0.00
AV2-A1 211,360,000.00 187,414,169.24 0.00 14,116,178.62 0.00 0.00
AV2-1B1 235,332,000.00 199,981,990.01 0.00 20,838,995.33 0.00 0.00
AV2-1B2 76,688,000.00 76,688,000.00 0.00 0.00 0.00 0.00
AV2-2A 154,260,000.00 154,260,000.00 0.00 0.00 0.00 0.00
AV2-3A 134,000,000.00 134,000,000.00 0.00 0.00 0.00 0.00
AV2-3B1 139,180,000.00 139,180,000.00 0.00 0.00 0.00 0.00
AV2-3B2 24,560,000.00 24,560,000.00 0.00 0.00 0.00 0.00
M-1 83,200,000.00 83,200,000.00 0.00 0.00 0.00 0.00
M-2 71,800,000.00 71,800,000.00 0.00 0.00 0.00 0.00
M-3 41,030,000.00 41,030,000.00 0.00 0.00 0.00 0.00
M-4 38,750,000.00 38,750,000.00 0.00 0.00 0.00 0.00
M-5 35,330,000.00 35,330,000.00 0.00 0.00 0.00 0.00
M-6 29,630,000.00 29,630,000.00 0.00 0.00 0.00 0.00
M-7 27,350,000.00 27,350,000.00 0.00 0.00 0.00 0.00
M-8 22,800,000.00 22,800,000.00 0.00 0.00 0.00 0.00
M-9 17,100,000.00 17,100,000.00 0.00 0.00 0.00 0.00
M-10 48,920,000.00 48,920,000.00 0.00 0.00 0.00 0.00
Totals 2,268,010,000.00 2,156,338,148.21 0.00 70,649,709.68 0.00 0.00
Principal Distribution Statement (continued)
Class Total Ending Ending Total
Principal Certificate Certificate Principal
Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
AV1 35,694,535.73 788,649,453.23 0.899545 35,694,535.73
AV2-A1 14,116,178.62 173,297,990.62 0.819919 14,116,178.62
AV2-1B1 20,838,995.33 179,142,994.68 0.761235 20,838,995.33
AV2-1B2 0.00 76,688,000.00 1.000000 0.00
AV2-2A 0.00 154,260,000.00 1.000000 0.00
AV2-3A 0.00 134,000,000.00 1.000000 0.00
AV2-3B1 0.00 139,180,000.00 1.000000 0.00
AV2-3B2 0.00 24,560,000.00 1.000000 0.00
M-1 0.00 83,200,000.00 1.000000 0.00
M-2 0.00 71,800,000.00 1.000000 0.00
M-3 0.00 41,030,000.00 1.000000 0.00
M-4 0.00 38,750,000.00 1.000000 0.00
M-5 0.00 35,330,000.00 1.000000 0.00
M-6 0.00 29,630,000.00 1.000000 0.00
M-7 0.00 27,350,000.00 1.000000 0.00
M-8 0.00 22,800,000.00 1.000000 0.00
M-9 0.00 17,100,000.00 1.000000 0.00
M-10 0.00 48,920,000.00 1.000000 0.00
Totals 70,649,709.68 2,085,688,438.53 0.919612 70,649,709.68
Principal Distribution Factors Statement
Class Original Beginning Scheduled UnScheduled Accretion
Face Certificate Principal Principal
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c>
AV1 876,720,000.00 940.259135 0.000000 40.713724 0.000000
AV2-A1 211,360,000.00 886.705948 0.000000 66.787370 0.000000
AV2-1B1 235,332,000.00 849.786642 0.000000 88.551473 0.000000
AV2-1B2 76,688,000.00 1000.000000 0.000000 0.000000 0.000000
AV2-2A 154,260,000.00 1000.000000 0.000000 0.000000 0.000000
AV2-3A 134,000,000.00 1000.000000 0.000000 0.000000 0.000000
AV2-3B1 139,180,000.00 1000.000000 0.000000 0.000000 0.000000
AV2-3B2 24,560,000.00 1000.000000 0.000000 0.000000 0.000000
M-1 83,200,000.00 1000.000000 0.000000 0.000000 0.000000
M-2 71,800,000.00 1000.000000 0.000000 0.000000 0.000000
M-3 41,030,000.00 1000.000000 0.000000 0.000000 0.000000
M-4 38,750,000.00 1000.000000 0.000000 0.000000 0.000000
M-5 35,330,000.00 1000.000000 0.000000 0.000000 0.000000
M-6 29,630,000.00 1000.000000 0.000000 0.000000 0.000000
M-7 27,350,000.00 1000.000000 0.000000 0.000000 0.000000
M-8 22,800,000.00 1000.000000 0.000000 0.000000 0.000000
M-9 17,100,000.00 1000.000000 0.000000 0.000000 0.000000
M-10 48,920,000.00 1000.000000 0.000000 0.000000 0.000000
N 55,000,000.00 849.063956 0.000000 0.000000 0.000000
OWNTRST 0.00 0.000000 0.000000 0.000000 0.000000
Principal Distribution Factors Statement (continued)
Class Realized Total Ending Ending Total
Loss Principal Certificate Certificate Principal
Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
AV1 0.000000 40.713724 899.545412 0.899545 40.713724
AV2-A1 0.000000 66.787370 819.918578 0.819919 66.787370
AV2-1B1 0.000000 88.551473 761.235169 0.761235 88.551473
AV2-1B2 0.000000 0.000000 1,000.000000 1.000000 0.000000
AV2-2A 0.000000 0.000000 1,000.000000 1.000000 0.000000
AV2-3A 0.000000 0.000000 1,000.000000 1.000000 0.000000
AV2-3B1 0.000000 0.000000 1,000.000000 1.000000 0.000000
AV2-3B2 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-1 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-2 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-3 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-4 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-5 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-6 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-7 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-8 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-9 0.000000 0.000000 1,000.000000 1.000000 0.000000
M-10 0.000000 0.000000 1,000.000000 1.000000 0.000000
N 0.000000 90.847788 758.216168 0.758216 90.847788
OWNTRST 0.000000 0.000000 0.000000 0.000000 0.000000
<FN>
All Classes are per $1,000 denomination
</FN>
Interest Distribution Statement
Class Accrual Accrual Current Beginning Current Payment of
Dates Days Certificate Certificate/ Accrued Unpaid Interest
Rate Notional Balance Interest Shortfall
<s> <c> <c> <c> <c> <c> <c>
AV1 11/25/05 - 12/26/05 32 4.44375% 824,343,988.96 3,256,158.76 0.00
AV2-A1 11/25/05 - 12/26/05 32 4.33375% 187,414,169.24 721,961.03 0.00
AV2-1B1 11/25/05 - 12/26/05 32 4.31375% 199,981,990.01 766,819.83 0.00
AV2-1B2 11/25/05 - 12/26/05 32 4.37375% 76,688,000.00 298,145.90 0.00
AV2-2A 11/25/05 - 12/26/05 32 4.44375% 154,260,000.00 609,327.00 0.00
AV2-3A 11/25/05 - 12/26/05 32 4.48375% 134,000,000.00 534,064.44 0.00
AV2-3B1 11/25/05 - 12/26/05 32 4.46375% 139,180,000.00 552,235.31 0.00
AV2-3B2 11/25/05 - 12/26/05 32 4.57375% 24,560,000.00 99,850.04 0.00
M-1 11/25/05 - 12/26/05 32 4.67375% 83,200,000.00 345,649.78 0.00
M-2 11/25/05 - 12/26/05 32 4.69375% 71,800,000.00 299,565.56 0.00
M-3 11/25/05 - 12/26/05 32 4.70375% 41,030,000.00 171,550.99 0.00
M-4 11/25/05 - 12/26/05 32 4.81375% 38,750,000.00 165,806.94 0.00
M-5 11/25/05 - 12/26/05 32 4.84375% 35,330,000.00 152,115.28 0.00
M-6 11/25/05 - 12/26/05 32 4.91375% 29,630,000.00 129,417.26 0.00
M-7 11/25/05 - 12/26/05 32 5.44375% 27,350,000.00 132,343.61 0.00
M-8 11/25/05 - 12/26/05 32 5.54375% 22,800,000.00 112,353.33 0.00
M-9 11/25/05 - 12/26/05 32 6.04375% 17,100,000.00 91,865.00 0.00
M-10 11/25/05 - 12/26/05 32 6.44375% 48,920,000.00 280,202.89 0.00
N 11/25/05 - 12/24/05 30 5.19400% 46,698,517.58 202,126.75 0.00
OWNTRST N/A N/A 0.00000% 0.00 0.00 0.00
Totals 8,921,559.70 0.00
Interest Distribution Statement (continued)
Class Current Non-Supported Total Remaining Ending
Interest Interest Interest Unpaid Interest Certificate/Notional
Shortfall(1) Shortfall Distribution Shortfall(2) Balance
<s> <c> <c> <c> <c> <c>
AV1 0.00 0.00 3,256,158.76 0.00 788,649,453.23
AV2-A1 0.00 0.00 721,961.03 0.00 173,297,990.62
AV2-1B1 0.00 0.00 766,819.83 0.00 179,142,994.68
AV2-1B2 0.00 0.00 298,145.90 0.00 76,688,000.00
AV2-2A 0.00 0.00 609,327.00 0.00 154,260,000.00
AV2-3A 0.00 0.00 534,064.44 0.00 134,000,000.00
AV2-3B1 0.00 0.00 552,235.31 0.00 139,180,000.00
AV2-3B2 0.00 0.00 99,850.04 0.00 24,560,000.00
M-1 0.00 0.00 345,649.78 0.00 83,200,000.00
M-2 0.00 0.00 299,565.56 0.00 71,800,000.00
M-3 0.00 0.00 171,550.99 0.00 41,030,000.00
M-4 0.00 0.00 165,806.94 0.00 38,750,000.00
M-5 0.00 0.00 152,115.28 0.00 35,330,000.00
M-6 0.00 0.00 129,417.26 0.00 29,630,000.00
M-7 0.00 0.00 132,343.61 0.00 27,350,000.00
M-8 0.00 0.00 112,353.33 0.00 22,800,000.00
M-9 0.00 0.00 91,865.00 0.00 17,100,000.00
M-10 0.00 0.00 280,202.89 0.00 48,920,000.00
N 0.00 0.00 202,126.75 0.00 41,701,889.25
OWNTRST 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 8,921,559.70 0.00
<FN>
(1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable
</FN>
Interest Distribution Factors Statement
Class Accrual Original Current Beginning Current Payment of
Dates Face Certificate Certificate/Notional Accrued Unpaid Interest
Amount Rate Balance Interest Shortfall
<s> <c> <c> <c> <c> <c> <c>
AV1 11/25/05 - 12/26/05 876,720,000.00 4.44375% 940.259135 3.714024 0.000000
AV2-A1 11/25/05 - 12/26/05 211,360,000.00 4.33375% 886.705948 3.415788 0.000000
AV2-1B1 11/25/05 - 12/26/05 235,332,000.00 4.31375% 849.786642 3.258460 0.000000
AV2-1B2 11/25/05 - 12/26/05 76,688,000.00 4.37375% 1000.000000 3.887778 0.000000
AV2-2A 11/25/05 - 12/26/05 154,260,000.00 4.44375% 1000.000000 3.950000 0.000000
AV2-3A 11/25/05 - 12/26/05 134,000,000.00 4.48375% 1000.000000 3.985556 0.000000
AV2-3B1 11/25/05 - 12/26/05 139,180,000.00 4.46375% 1000.000000 3.967778 0.000000
AV2-3B2 11/25/05 - 12/26/05 24,560,000.00 4.57375% 1000.000000 4.065555 0.000000
M-1 11/25/05 - 12/26/05 83,200,000.00 4.67375% 1000.000000 4.154444 0.000000
M-2 11/25/05 - 12/26/05 71,800,000.00 4.69375% 1000.000000 4.172222 0.000000
M-3 11/25/05 - 12/26/05 41,030,000.00 4.70375% 1000.000000 4.181111 0.000000
M-4 11/25/05 - 12/26/05 38,750,000.00 4.81375% 1000.000000 4.278889 0.000000
M-5 11/25/05 - 12/26/05 35,330,000.00 4.84375% 1000.000000 4.305556 0.000000
M-6 11/25/05 - 12/26/05 29,630,000.00 4.91375% 1000.000000 4.367778 0.000000
M-7 11/25/05 - 12/26/05 27,350,000.00 5.44375% 1000.000000 4.838889 0.000000
M-8 11/25/05 - 12/26/05 22,800,000.00 5.54375% 1000.000000 4.927778 0.000000
M-9 11/25/05 - 12/26/05 17,100,000.00 6.04375% 1000.000000 5.372222 0.000000
M-10 11/25/05 - 12/26/05 48,920,000.00 6.44375% 1000.000000 5.727778 0.000000
N 11/25/05 - 12/24/05 55,000,000.00 5.19400% 849.063956 3.675032 0.000000
OWNTRST N/A 0.00 0.00000% 0.000000 0.000000 0.000000
Interest Distribution Factors Statement (continued)
Class Current Non-Supported Total Remaining Unpaid Ending
Interest Interest Interest Interest Certificate/
Shortfall(1) Shortfall Distribution Shortfall(2) Notional Balance
<s> <c> <c> <c> <c> <c>
AV1 0.000000 0.000000 3.714024 0.000000 899.545412
AV2-A1 0.000000 0.000000 3.415788 0.000000 819.918578
AV2-1B1 0.000000 0.000000 3.258460 0.000000 761.235169
AV2-1B2 0.000000 0.000000 3.887778 0.000000 1000.000000
AV2-2A 0.000000 0.000000 3.950000 0.000000 1000.000000
AV2-3A 0.000000 0.000000 3.985556 0.000000 1000.000000
AV2-3B1 0.000000 0.000000 3.967778 0.000000 1000.000000
AV2-3B2 0.000000 0.000000 4.065555 0.000000 1000.000000
M-1 0.000000 0.000000 4.154444 0.000000 1000.000000
M-2 0.000000 0.000000 4.172222 0.000000 1000.000000
M-3 0.000000 0.000000 4.181111 0.000000 1000.000000
M-4 0.000000 0.000000 4.278889 0.000000 1000.000000
M-5 0.000000 0.000000 4.305556 0.000000 1000.000000
M-6 0.000000 0.000000 4.367778 0.000000 1000.000000
M-7 0.000000 0.000000 4.838889 0.000000 1000.000000
M-8 0.000000 0.000000 4.927778 0.000000 1000.000000
M-9 0.000000 0.000000 5.372222 0.000000 1000.000000
M-10 0.000000 0.000000 5.727778 0.000000 1000.000000
N 0.000000 0.000000 3.675032 0.000000 758.216168
OWNTRST 0.000000 0.000000 0.000000 0.000000 0.000000
<FN>
(1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable.
All Classes are per $1,000 denomination
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 83,502,250.26
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 1,567,202.77
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 1,759,838.25
Swap/Cap Payments 0.00
Total Deposits 86,829,291.28
Withdrawals
Swap Payments 0.00
Reserve Funds and Credit Enhancements 0.00
Reimbursement for Servicer Advances 419,207.89
Total Administration Fees 1,842,185.68
Payment of Interest and Principal 84,567,897.71
Total Withdrawals (Pool Distribution Amount) 86,829,291.28
Ending Balance 0.00
<FN>
Please see Additional Reporting Page for information related to SWAP and CAP payments.
</FN>
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
ADMINISTRATION FEES
<s> <c>
Gross Servicing Fee* 903,223.22
Credit Risk Manager's Fee 22,580.59
MGIC Fee 907,349.64
Wells Fargo Bank, NA 9,032.23
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 1,842,185.68
<FN>
*Servicer Payees include: CHASE HOME FINANCE LLC
</FN>
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.180680%
Weighted Average Net Coupon 6.680680%
Weighted Average Pass-Through Rate 6.160896%
Weighted Average Remaining Term 350
Beginning Scheduled Collateral Loan Count 11,048
Number Of Loans Paid In Full 286
Ending Scheduled Collateral Loan Count 10,762
Beginning Scheduled Collateral Balance 2,167,735,705.62
Ending Scheduled Collateral Balance 2,097,085,995.94
Ending Actual Collateral Balance at 30-Nov-2005 2,098,441,681.15
Monthly P&I Constant 14,259,112.19
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 1,759,838.25
Prepayment Penalty Paid Count Not Available
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 1,287,598.42
Unscheduled Principal 69,362,111.26
Group Level Collateral Statement
<s> <c> <c>
Group Group 1 Group 2 Group 3
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM
Weighted Average Coupon Rate 7.296898 7.281413 7.739792
Weighted Average Net Rate 6.796898 6.781413 7.239792
Weighted Average Remaining Term 332 355 307
Beginning Loan Count 1,275 5,146 1,157
Loans Paid In Full 20 146 23
Ending Loan Count 1,255 5,000 1,134
Beginning Scheduled Balance 156,512,390.74 870,109,935.88 156,316,824.21
Ending Scheduled Balance 153,433,770.69 837,494,020.20 153,229,992.20
Record Date 11/30/2005 11/30/2005 11/30/2005
Principal And Interest Constant 1,092,248.49 5,817,870.71 1,126,693.04
Scheduled Principal 140,536.05 538,179.13 118,476.61
Unscheduled Principal 2,938,084.00 32,077,736.55 2,968,355.40
Scheduled Interest 951,712.44 5,279,691.58 1,008,216.43
Servicing Fee 65,213.50 362,545.81 65,132.01
Master Servicing Fee 652.13 3,625.46 651.32
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 68,655.32 434,140.26 53,979.03
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 817,191.49 4,479,380.05 888,454.07
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 Penalty Waived Amount 0.00 0.00 0.00
Prepayment Penalty Waived Count 0 0 0
Prepayment Penalty Paid Amount 1759838.25 0.00 0.00
Prepayment Penalty Paid Count Not Available 0 0
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 6.265509 6.177675 6.820410
<FN>
</FN>
Group Level Collateral Statement
<s> <c> <c>
Group Group 4 Total
Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 6.984460 7.180680
Weighted Average Net Rate 6.484460 6.680680
Weighted Average Remaining Term 355 350
Beginning Loan Count 3,470 11,048
Loans Paid In Full 97 286
Ending Loan Count 3,373 10,762
Beginning Scheduled Balance 984,796,554.79 2,167,735,705.62
Ending scheduled Balance 952,928,212.85 2,097,085,995.94
Record Date 11/30/2005 11/30/2005
Principal And Interest Constant 6,222,299.95 14,259,112.19
Scheduled Principal 490,406.63 1,287,598.42
Unscheduled Principal 31,377,935.31 69,362,111.26
Scheduled Interest 5,731,893.32 12,971,513.77
Servicing Fee 410,331.90 903,223.22
Master Servicing Fee 4,103.32 9,032.23
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 373,155.62 929,930.23
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 4,944,302.48 11,129,328.09
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalty Waived Amount 0.00 0.00
Prepayment Penalty Waived Count 0 0
Prepayment Penalty Paid Amount 0.00 1759838.25
Prepayment Penalty Paid Count 0 Not Available
Special Servicing Fee 0.00 0.00
Pass-Through Rate 6.024760 6.160896
<FN>
</FN>
Additional Reporting - Deal Level
Cash Reporting
<s> <c>
Cap Payment 1,029,568.77
Excess Cash Amount 2,787,954.60
Extra Principal Amount 0.00
Miscellaneous Reporting
<s> <c>
Current LIBOR Rate Used 4.19375%
Next Month's LIBOR Rate 4.37875%
Misc Adj (547.88)
Soldier/Sailor 0.00
Structural Reporting
<s> <c>
OC Deficiency Amount 0.00
OC Amount 11,397,557.41
OC Release Amount 0.00
OC Target Amount 11,397,557.41
OC Increase Amount 0.00
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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 249 0 0 0 249
44,117,103.29 0.00 0.00 0.00 44,117,103.29
60 Days 111 0 0 0 111
20,183,494.83 0.00 0.00 0.00 20,183,494.83
90 Days 85 0 0 0 85
16,279,109.69 0.00 0.00 0.00 16,279,109.69
120 Days 17 0 0 0 17
3,617,721.24 0.00 0.00 0.00 3,617,721.24
150 Days 1 0 0 0 1
315,000.00 0.00 0.00 0.00 315,000.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 463 0 0 0 463
84,512,429.05 0.00 0.00 0.00 84,512,429.05
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 2.313696% 0.000000% 0.000000% 0.000000% 2.313696%
2.102375% 0.000000% 0.000000% 0.000000% 2.102375%
60 Days 1.031407% 0.000000% 0.000000% 0.000000% 1.031407%
0.961833% 0.000000% 0.000000% 0.000000% 0.961833%
90 Days 0.789816% 0.000000% 0.000000% 0.000000% 0.789816%
0.775771% 0.000000% 0.000000% 0.000000% 0.775771%
120 Days 0.157963% 0.000000% 0.000000% 0.000000% 0.157963%
0.172400% 0.000000% 0.000000% 0.000000% 0.172400%
150 Days 0.009292% 0.000000% 0.000000% 0.000000% 0.009292%
0.015011% 0.000000% 0.000000% 0.000000% 0.015011%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 4.302174% 0.000000% 0.000000% 0.000000% 4.302174%
4.027390% 0.000000% 0.000000% 0.000000% 4.027390%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 1,567,202.77
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 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
Current REO Total May-05 0.000%
Loans in REO 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Principal Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.000%
Dec-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 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
Current Foreclosure Total May-05 0.000%
Loans in Foreclosure 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Principal Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.000%
Dec-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.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 0 Jan-05 0.000%
Original Principal Balance 0.00 Feb-05 0.000%
Current Principal Balance 0.00 Mar-05 0.000%
Apr-05 0.000%
Current Bankruptcy Total May-05 0.000%
Loans in Bankruptcy 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Principal Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.000%
Dec-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.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Group Loan Month Loan First State LTV at Original
Number Entered Payment Origination Principal
Bankruptcy Date Balance
<s> <c> <c> <c> <c> <c> <c>
No Bankruptcy Loans this Period
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued)
Group Loan Current Paid To Months Current Approximate
Number Principal Date Delinquent Loan Rate Delinquent
Balance Interest
<s> <c> <c> <c> <c> <c> <c>
No Bankruptcy Loans this Period
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>
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>
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at
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>
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at
ctslink.com. www.ctslink.com.
<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>
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>
Total 286 69,495,527.00 69,158,482.64 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>
Total 0 0.00 0.00 0 0.00 0.00 246,287.33
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 0000195517 VA 79.51 01-May-2005 130,000.00 123,851.21
Group 1 0000197525 CA 69.51 01-May-2005 212,000.00 210,313.88
Group 1 0000198211 CA 84.29 01-May-2005 177,000.00 175,631.70
Group 1 0000201323 IL 85.00 01-May-2005 153,000.00 151,757.63
Group 1 0000203201 CA 54.88 01-May-2005 135,000.00 133,956.36
Group 1 0000203997 MI 77.95 01-May-2005 99,000.00 95,634.32
Group 1 0000214288 PA 70.00 01-Jul-2005 182,000.00 181,035.35
Group 1 0000214370 CA 100.00 01-Jul-2005 61,400.00 60,920.25
Group 1 0000214512 MI 90.00 01-Jun-2005 144,000.00 143,073.80
Group 1 0000216907 IL 100.00 01-Jul-2005 63,000.00 62,454.25
Group 1 0000217280 RI 78.77 01-Jul-2005 256,000.00 254,442.57
Group 1 0000218046 MA 90.00 01-Jul-2005 328,500.00 327,205.77
Group 1 0000229435 IL 57.14 01-Aug-2005 120,000.00 119,730.09
Group 1 0000235595 FL 78.95 01-Sep-2005 120,000.00 119,650.28
Group 1 0505049121 MD 85.00 01-Jul-2005 72,250.00 71,939.32
Group 1 0505050871 IL 70.00 01-Jul-2005 217,000.00 213,090.70
Group 1 0505197753 MD 95.00 01-Jul-2005 104,500.00 104,159.25
Group 1 0505244171 CA 80.00 01-Jul-2005 280,000.00 278,266.04
Group 1 1000708253 IL 95.00 01-Aug-2005 49,200.00 49,113.30
Group 1 1000764211 CA 100.00 01-Aug-2005 55,000.00 54,882.67
Group 2 0000174598 CA 85.00 01-Feb-2005 204,000.00 201,550.70
Group 2 0000179743 CA 76.98 01-May-2005 204,000.00 202,631.94
Group 2 0000179773 CA 95.00 01-Mar-2005 270,750.00 267,605.59
Group 2 0000185206 VA 80.00 01-Apr-2005 336,000.00 333,457.60
Group 2 0000185646 CA 63.11 01-Apr-2005 130,000.00 129,116.57
Group 2 0000185863 CA 78.98 01-Apr-2005 347,500.00 347,499.09
Group 2 0000188487 CA 90.00 01-Apr-2005 292,500.00 292,499.99
Group 2 0000188502 CA 80.00 01-Apr-2005 288,000.00 285,266.94
Group 2 0000189790 CA 95.00 01-Apr-2005 247,000.00 245,131.07
Group 2 0000191263 CA 90.00 01-May-2005 108,000.00 107,275.67
Group 2 0000191503 IL 85.71 01-Apr-2005 180,000.00 178,612.85
Group 2 0000191892 NV 82.29 01-Apr-2005 139,900.00 138,841.46
Group 2 0000192094 MD 86.70 01-May-2005 163,000.00 163,000.00
Group 2 0000192192 VA 79.95 01-Apr-2005 159,104.00 158,064.70
Group 2 0000192276 IL 95.00 01-Apr-2005 161,500.00 160,273.85
Group 2 0000192348 IL 87.16 01-Apr-2005 292,000.00 289,636.28
Group 2 0000192640 NY 79.00 01-Apr-2005 395,000.00 390,755.13
Group 2 0000193655 IL 90.00 01-May-2005 349,484.00 346,456.98
Group 2 0000194045 FL 85.00 01-May-2005 182,750.00 181,629.92
Group 2 0000194416 CA 79.01 01-May-2005 128,000.00 127,043.72
Group 2 0000194435 MA 95.00 01-May-2005 307,800.00 305,735.84
Group 2 0000194525 CA 95.00 01-May-2005 272,650.00 271,143.29
Group 2 0000194677 CA 85.00 01-May-2005 267,750.00 266,169.41
Group 2 0000194698 FL 80.00 01-Apr-2005 128,000.00 127,282.01
Group 2 0000194998 FL 80.00 01-May-2005 176,000.00 175,077.36
Group 2 0000195109 IL 95.00 01-May-2005 242,250.00 240,548.18
Group 2 0000195424 MA 90.00 01-May-2005 328,500.00 326,301.65
Group 2 0000195504 CA 85.00 01-May-2005 327,250.00 327,250.00
Group 2 0000195740 CA 85.90 01-Jun-2005 268,000.00 266,250.12
Group 2 0000196135 IL 68.81 01-May-2005 225,000.00 223,172.92
Group 2 0000196528 WI 80.00 01-Jun-2005 133,600.00 132,818.29
Group 2 0000196939 IL 40.29 01-May-2005 280,000.00 278,122.28
Group 2 0000197233 CA 85.00 01-May-2005 354,450.00 354,349.40
Group 2 0000197464 VA 83.00 01-May-2005 276,390.00 274,822.01
Group 2 0000197710 CA 61.48 01-May-2005 300,000.00 297,563.94
Group 2 0000197889 CA 80.00 01-May-2005 148,000.00 146,742.88
Group 2 0000198822 CA 85.00 01-May-2005 157,250.00 157,249.99
Group 2 0000199040 CA 66.82 01-May-2005 220,500.00 218,962.46
Group 2 0000199531 CA 90.00 01-May-2005 378,000.00 376,352.33
Group 2 0000200081 CA 95.00 01-Jun-2005 294,500.00 294,498.38
Group 2 0000200509 IL 59.26 01-May-2005 240,000.00 237,824.53
Group 2 0000201055 CA 84.50 01-May-2005 338,000.00 335,123.70
Group 2 0000201256 CA 64.85 01-May-2005 190,000.00 188,713.41
Group 2 0000201480 VA 85.00 01-May-2005 357,850.00 355,450.19
Group 2 0000201568 CA 80.00 01-May-2005 142,400.00 141,338.23
Group 2 0000202105 CA 84.81 01-May-2005 335,000.00 335,000.00
Group 2 0000202700 NV 68.97 01-May-2005 280,000.00 280,000.00
Group 2 0000202910 IA 100.00 01-May-2005 147,900.00 147,235.06
Group 2 0000203177 CA 83.97 01-May-2005 285,500.00 283,585.38
Group 2 0000204504 CA 44.65 01-Jun-2005 192,000.00 190,940.66
Group 2 0000205165 MD 80.00 01-May-2005 128,000.00 127,329.68
Group 2 0000205808 CA 53.49 01-May-2005 115,000.00 114,184.30
Group 2 0000208652 CA 60.00 01-Jun-2005 300,000.00 297,082.67
Group 2 0000208813 CA 88.93 01-Jun-2005 225,000.00 225,000.00
Group 2 0000209062 MD 95.00 01-Jun-2005 139,650.00 138,784.00
Group 2 0000209211 IL 80.00 01-Jun-2005 240,000.00 238,330.90
Group 2 0000209369 CA 95.00 01-Jun-2005 356,250.00 354,268.98
Group 2 0000210254 CA 68.82 01-Jun-2005 320,000.00 319,696.99
Group 2 0000210361 CA 86.90 01-Jun-2005 252,000.00 251,999.60
Group 2 0000210855 CA 90.00 01-Jun-2005 306,000.00 304,156.71
Group 2 0000211018 IL 94.69 01-Jun-2005 330,000.00 328,200.70
Group 2 0000212017 CA 90.00 01-Jun-2005 303,300.00 301,525.50
Group 2 0000212727 RI 95.00 01-Jun-2005 299,250.00 299,235.44
Group 2 0000214844 FL 80.00 01-Jul-2005 100,000.00 99,547.67
Group 2 0000215133 CA 85.00 01-Jun-2005 289,000.00 288,914.50
Group 2 0000217328 IL 95.00 01-Jul-2005 237,500.00 235,913.04
Group 2 0000217531 CA 95.00 01-Jul-2005 222,300.00 222,298.12
Group 2 0000217685 CA 78.66 01-Jul-2005 263,500.00 263,468.39
Group 2 0000217940 CA 89.75 01-Jul-2005 278,240.00 278,240.00
Group 2 0000218326 CA 90.00 01-Jul-2005 301,500.00 301,106.01
Group 2 0000218889 CA 87.88 01-Jul-2005 290,000.00 288,552.77
Group 2 0000218918 IL 76.92 01-Jul-2005 100,000.00 99,551.25
Group 2 0000219060 IL 80.00 01-Jul-2005 174,000.00 173,129.97
Group 2 0000221660 IL 80.00 01-Aug-2005 348,800.00 347,599.70
Group 2 0000222812 OH 90.00 01-Jul-2005 104,400.00 103,931.48
Group 2 0000223921 WI 80.00 01-Jul-2005 88,000.00 87,775.70
Group 2 0000224749 CA 66.09 01-Jul-2005 167,200.00 167,200.00
Group 2 0000227111 CA 80.00 01-Aug-2005 352,000.00 351,999.99
Group 2 0000227202 MA 85.00 01-Jul-2005 437,750.00 436,509.90
Group 2 0000228290 CA 80.00 01-Aug-2005 344,000.00 344,000.00
Group 2 0000228355 IA 86.96 01-Aug-2005 60,000.00 59,873.09
Group 2 0000229035 IL 84.21 01-Aug-2005 320,000.00 318,795.23
Group 2 0000231486 IL 85.00 01-Sep-2005 106,250.00 105,955.48
Group 2 0000232317 CA 30.49 01-Aug-2005 125,000.00 124,591.92
Group 2 0000235421 VA 85.00 01-Aug-2005 153,850.00 153,390.63
Group 2 0000238209 CA 80.00 01-Aug-2005 292,000.00 291,313.23
Group 2 0041502014 MD 80.00 01-Jun-2005 164,000.00 162,895.62
Group 2 0041502444 DC 90.00 01-Jun-2005 342,000.00 340,359.49
Group 2 0041554171 HI 70.00 01-Jul-2005 147,000.00 146,296.05
Group 2 0041563479 UT 90.00 01-Jul-2005 94,500.00 94,148.59
Group 2 0041615857 DC 80.00 01-Jul-2005 140,000.00 139,290.13
Group 2 0041684838 IL 80.00 01-Jul-2005 150,400.00 149,717.02
Group 2 0041693110 WA 34.67 01-Aug-2005 104,000.00 103,574.90
Group 2 0041736331 IL 63.16 01-Aug-2005 120,000.00 119,717.74
Group 2 0041748526 AZ 82.54 01-Aug-2005 156,000.00 155,395.54
Group 2 0041751835 IL 90.00 01-Jul-2005 54,000.00 53,841.03
Group 2 0041772047 CA 36.25 01-Jul-2005 145,000.00 143,979.79
Group 2 0041796533 CA 80.00 01-Aug-2005 208,000.00 207,047.71
Group 2 0041808916 IL 80.00 01-Aug-2005 125,600.00 125,136.75
Group 2 0041809641 CA 95.00 01-Aug-2005 308,750.00 307,587.60
Group 2 0041825845 AZ 80.00 01-Aug-2005 200,000.00 199,166.11
Group 2 0041826884 FL 65.00 01-Aug-2005 52,000.00 51,822.85
Group 2 0041835745 FL 80.00 01-Aug-2005 64,000.00 63,780.29
Group 2 0041835869 CA 68.60 01-Aug-2005 295,000.00 293,546.15
Group 2 0041836115 CA 90.00 01-Aug-2005 234,000.00 233,258.76
Group 2 0041836255 MD 90.00 01-Aug-2005 260,100.00 259,276.96
Group 2 0041836602 CA 80.00 01-Aug-2005 348,000.00 346,473.91
Group 2 0041845884 CA 48.54 01-Aug-2005 250,000.00 249,032.27
Group 2 0041847823 CA 56.20 01-Aug-2005 195,000.00 194,245.19
Group 2 00QB540723 CA 75.00 01-Jun-2005 277,500.00 275,940.57
Group 2 00QB550432 CA 75.00 01-Jul-2005 348,750.00 347,092.79
Group 2 00QB551008 CA 66.33 01-Jul-2005 262,000.00 260,692.52
Group 2 0503216551 CA 80.00 01-Jul-2005 132,800.00 132,799.99
Group 2 0503285475 VA 85.00 01-Jun-2005 113,050.00 112,487.58
Group 2 0504226935 NJ 80.00 01-Aug-2005 198,400.00 197,575.71
Group 2 0504227488 CA 46.05 01-Jul-2005 175,000.00 174,143.57
Group 2 0504269896 IL 70.00 01-Jun-2005 171,500.00 170,636.08
Group 2 0504272602 TX 95.00 01-Jun-2005 110,010.00 109,508.69
Group 2 0504272670 TX 95.00 01-Jun-2005 110,010.00 109,508.69
Group 2 0505026347 MD 59.38 01-Jul-2005 190,000.00 189,022.87
Group 2 0505094051 AZ 95.00 01-Jul-2005 176,700.00 175,899.15
Group 2 0505094213 NJ 80.00 01-Jul-2005 308,000.00 306,462.89
Group 2 0505106487 CA 80.00 01-Jul-2005 188,000.00 187,015.02
Group 2 0505117594 VA 83.00 01-Jul-2005 287,180.00 285,828.70
Group 2 0505120127 CA 61.19 01-Jul-2005 205,000.00 204,072.78
Group 2 0505131049 AZ 90.00 01-Jul-2005 151,055.00 150,467.01
Group 2 0505163769 VA 85.00 01-Jul-2005 204,000.00 203,175.49
Group 2 0505174507 NV 85.00 01-Jul-2005 323,000.00 321,574.83
Group 2 0505187169 VA 80.00 01-Aug-2005 153,840.00 153,376.91
Group 2 0505197742 IL 80.00 01-Jul-2005 204,000.00 202,981.69
Group 2 0505198910 NV 85.00 01-Jul-2005 189,550.00 188,834.15
Group 2 0505244649 OR 80.00 01-Jul-2005 117,600.00 117,581.40
Group 2 0505254992 AL 80.00 01-Jul-2005 84,000.00 83,639.12
Group 2 1000708231 IL 80.00 01-Aug-2005 262,400.00 261,474.99
Group 2 1000743612 CA 80.00 01-Jul-2005 216,000.00 216,000.00
Group 2 1000744589 CA 80.00 01-Aug-2005 232,000.00 231,243.96
Group 2 1000747212 CA 70.00 01-Aug-2005 178,500.00 177,729.61
Group 2 1000749180 CA 80.00 01-Aug-2005 200,000.00 199,998.92
Group 2 1000753455 FL 80.00 01-Aug-2005 120,000.00 119,583.70
Group 2 1000753916 CA 70.00 01-Jul-2005 355,600.00 353,625.98
Group 2 1000782255 CA 74.62 01-Aug-2005 190,292.00 189,725.02
Group 2 1000799871 IL 90.00 01-Aug-2005 247,500.00 246,699.12
Group 2 1000803877 FL 80.00 01-Aug-2005 142,400.00 141,776.40
Group 2 5000000288 AZ 88.89 01-Apr-2005 200,000.00 200,000.00
Group 2 5000000862 WA 80.00 01-May-2005 200,000.00 198,658.44
Group 2 5000001235 VA 90.00 01-May-2005 175,500.00 174,281.40
Group 3 0000198521 FL 90.00 01-May-2005 196,200.00 194,818.60
Group 3 0000199309 CA 73.44 01-Jun-2005 235,000.00 233,262.66
Group 3 0000207268 FL 82.06 01-Jun-2005 215,000.00 213,998.31
Group 3 0000215937 CA 100.00 01-Jul-2005 103,500.00 102,395.30
Group 3 0000215962 CA 100.00 01-Jun-2005 55,000.00 54,809.47
Group 3 0000216831 CA 100.00 01-Jul-2005 102,200.00 101,922.40
Group 3 0000218298 CA 100.00 01-Jul-2005 130,000.00 129,041.40
Group 3 0000219176 CA 100.00 01-Jul-2005 37,600.00 37,494.78
Group 3 0000219938 WI 100.00 01-Jul-2005 108,000.00 107,177.91
Group 3 0000220662 VA 100.00 01-Jul-2005 80,000.00 79,489.16
Group 3 0000224812 NJ 90.00 01-Jul-2005 343,800.00 342,320.39
Group 3 0041848128 CA 100.00 01-Aug-2005 59,800.00 59,668.73
Group 3 0503081576 IN 87.01 01-Jun-2005 205,000.00 203,914.84
Group 3 0504271823 TN 77.19 01-Jul-2005 65,460.00 65,229.81
Group 3 0504283385 OH 75.00 01-Jul-2005 63,750.00 63,517.38
Group 3 0505026345 OH 100.00 01-Jul-2005 192,000.00 189,987.26
Group 3 0505037515 WA 65.41 01-Jul-2005 302,500.00 300,666.93
Group 3 1000707230 CA 64.06 01-Jul-2005 180,000.00 180,000.00
Group 3 1000743566 IL 100.00 01-Jul-2005 50,000.00 49,868.44
Group 3 1000758427 AZ 100.00 01-Aug-2005 47,900.00 47,766.93
Group 3 1000761735 IL 100.00 01-Aug-2005 83,000.00 82,849.27
Group 3 1000770230 CA 95.00 01-Aug-2005 90,000.00 89,797.15
Group 3 1000803888 FL 100.00 01-Aug-2005 35,600.00 35,535.34
Group 4 0000171825 SC 100.00 01-Feb-2005 125,000.00 123,723.13
Group 4 0000184760 CA 80.00 01-Mar-2005 284,000.00 283,986.83
Group 4 0000185908 CA 87.93 01-Apr-2005 382,500.00 382,499.99
Group 4 0000186389 CA 78.89 01-Apr-2005 213,000.00 210,976.92
Group 4 0000189335 CA 74.44 01-Apr-2005 335,000.00 331,937.76
Group 4 0000189375 CA 80.00 01-Apr-2005 332,000.00 329,212.98
Group 4 0000193319 MD 79.94 01-May-2005 518,000.00 518,000.00
Group 4 0000194332 CA 85.00 01-Apr-2005 382,500.00 382,500.00
Group 4 0000194528 CA 70.00 01-May-2005 245,000.00 243,772.24
Group 4 0000195096 MD 84.14 01-Apr-2005 244,000.00 244,000.00
Group 4 0000195507 CA 85.00 01-May-2005 536,350.00 532,653.13
Group 4 0000196761 IL 95.00 01-May-2005 418,000.00 347,325.99
Group 4 0000197336 CA 53.81 01-May-2005 169,500.00 168,067.96
Group 4 0000198287 VA 61.73 01-May-2005 214,500.00 213,061.50
Group 4 0000198716 IL 94.53 01-May-2005 139,900.00 138,547.09
Group 4 0000198753 CA 90.00 01-Jun-2005 450,000.00 447,155.16
Group 4 0000199588 CA 90.00 01-May-2005 306,000.00 305,999.99
Group 4 0000199709 CA 70.00 01-May-2005 168,000.00 167,353.46
Group 4 0000200348 MD 73.31 01-May-2005 173,000.00 171,885.62
Group 4 0000200621 VA 80.00 01-May-2005 521,600.00 521,600.00
Group 4 0000200674 MD 95.00 01-May-2005 194,750.00 193,481.60
Group 4 0000200767 CA 85.00 01-May-2005 409,700.00 407,357.13
Group 4 0000200981 CA 80.00 01-May-2005 202,400.00 202,400.00
Group 4 0000202168 MD 95.00 01-May-2005 475,000.00 448,617.71
Group 4 0000203464 CA 88.37 01-Jun-2005 380,000.00 380,000.00
Group 4 0000203875 CA 85.00 01-Jul-2005 177,650.00 176,915.76
Group 4 0000206043 CA 95.00 01-Jun-2005 389,500.00 389,500.00
Group 4 0000206078 CA 95.00 01-May-2005 374,300.00 371,789.90
Group 4 0000206544 CA 84.94 01-Jun-2005 352,500.00 352,492.81
Group 4 0000210040 CA 90.00 01-Jun-2005 252,000.00 252,000.00
Group 4 0000211656 CA 84.67 01-Jul-2005 580,000.00 576,884.13
Group 4 0000212473 IL 95.00 01-Jul-2005 437,000.00 434,683.78
Group 4 0000213787 FL 85.00 01-Jun-2005 170,000.00 169,075.97
Group 4 0000217653 CA 90.00 01-Jul-2005 445,500.00 445,500.00
Group 4 0000218766 CA 90.00 01-Jul-2005 397,800.00 396,050.05
Group 4 0000219918 WI 80.00 01-Jul-2005 432,000.00 431,999.77
Group 4 0000222650 CA 80.00 01-Jul-2005 220,000.00 220,000.00
Group 4 0000223223 CA 78.26 01-Jul-2005 360,000.00 358,287.92
Group 4 0000224191 CA 60.18 01-Jul-2005 340,000.00 338,443.77
Group 4 0000224346 NH 60.00 01-Aug-2005 147,000.00 146,752.06
Group 4 0000227307 CA 85.00 01-Aug-2005 471,750.00 471,750.00
Group 4 0000227833 CA 80.00 01-Jul-2005 576,000.00 575,988.00
Group 4 0000228123 NY 100.00 01-Aug-2005 320,000.00 319,110.94
Group 4 0000238018 IL 58.70 01-Aug-2005 135,000.00 134,487.07
Group 4 0000238966 CA 80.00 01-Aug-2005 464,000.00 463,166.27
Group 4 0041593336 MD 84.89 01-Jul-2005 399,000.00 396,752.97
Group 4 0041639733 CA 75.00 01-Jul-2005 731,250.00 727,214.02
Group 4 0041640004 DC 95.00 01-Jun-2005 95,000.00 94,576.18
Group 4 0041674383 FL 90.00 01-Aug-2005 288,000.00 287,155.00
Group 4 0041678715 IN 80.00 01-Jul-2005 84,000.00 83,596.80
Group 4 0041785320 AZ 80.00 01-Aug-2005 183,118.00 183,118.00
Group 4 0041791906 MD 82.76 01-Aug-2005 360,000.00 358,388.06
Group 4 0041805011 FL 90.00 01-Aug-2005 135,000.00 134,502.69
Group 4 0041812017 AZ 85.00 01-Aug-2005 185,300.00 184,785.18
Group 4 0041812173 CA 80.00 01-Aug-2005 508,000.00 504,848.18
Group 4 0041812967 AZ 85.00 01-Aug-2005 218,450.00 217,740.96
Group 4 0041827395 GA 90.00 01-Aug-2005 493,200.00 491,471.84
Group 4 0041840521 AZ 83.40 01-Aug-2005 325,250.00 324,193.30
Group 4 0041847997 CA 80.00 01-Aug-2005 239,200.00 238,051.06
Group 4 0041849209 VA 83.01 01-Aug-2005 386,000.00 384,351.88
Group 4 0041871013 AZ 74.18 01-Aug-2005 135,000.00 134,451.61
Group 4 0041880600 IL 85.00 01-Aug-2005 164,050.00 163,367.07
Group 4 00QB522424 CA 80.00 01-May-2005 368,000.00 368,000.00
Group 4 0502180574 CA 80.00 01-Jul-2005 233,637.00 233,335.26
Group 4 0503231028 VA 80.00 01-Jul-2005 207,380.00 206,364.24
Group 4 0504122517 IL 80.00 01-Jun-2005 276,000.00 274,723.10
Group 4 0504158812 CA 80.00 01-Jul-2005 156,132.00 155,443.07
Group 4 0504203380 CA 85.00 01-Jul-2005 605,625.00 603,407.04
Group 4 0504271266 IL 80.00 01-Jul-2005 248,800.00 247,750.41
Group 4 0504271382 NY 80.00 01-Jul-2005 240,000.00 238,772.75
Group 4 0504272610 CA 80.00 01-Jul-2005 207,200.00 207,200.00
Group 4 0504283798 CA 70.59 01-Jul-2005 600,000.00 600,000.00
Group 4 0505037424 VA 100.00 01-Jul-2005 134,000.00 133,486.78
Group 4 0505037823 KS 76.98 01-Jul-2005 408,000.00 406,061.25
Group 4 0505038579 CA 89.17 01-Jul-2005 481,500.00 479,524.93
Group 4 0505049145 CA 87.72 01-Jul-2005 500,000.00 497,949.09
Group 4 0505052113 MD 78.29 01-Jul-2005 375,000.00 375,000.00
Group 4 0505063470 CA 80.00 01-Jul-2005 151,200.00 150,549.26
Group 4 0505129392 FL 80.00 01-Jul-2005 197,600.00 197,600.00
Group 4 0505131764 TX 80.00 01-Jul-2005 360,000.00 360,000.00
Group 4 0505175518 NV 90.00 01-Jul-2005 105,300.00 104,890.10
Group 4 0505187378 CA 80.00 01-Jul-2005 279,920.00 278,356.88
Group 4 0505197693 FL 53.19 01-Jul-2005 500,000.00 497,738.45
Group 4 0505200438 WI 90.00 01-Jul-2005 98,100.00 97,667.85
Group 4 0505244716 OR 80.00 01-Jul-2005 218,800.00 218,799.99
Group 4 1000602751 OR 73.58 01-Jul-2005 596,000.00 596,000.00
Group 4 1000695832 IL 80.00 01-Jul-2005 200,000.00 198,900.35
Group 4 1000738492 CA 80.00 01-Aug-2005 412,000.00 409,816.21
Group 4 1000739022 CA 80.00 01-Jul-2005 482,400.00 482,400.00
Group 4 1000747144 CA 85.00 01-Aug-2005 391,000.00 391,000.00
Group 4 1000753578 CA 81.39 01-Jul-2005 411,000.00 411,000.00
Group 4 1000759541 CA 43.95 01-Aug-2005 167,000.00 166,259.42
Group 4 1000761656 IL 80.00 01-Aug-2005 332,000.00 330,763.59
Group 4 1000764075 CA 80.00 01-Aug-2005 220,000.00 220,000.00
Group 4 1000770218 CA 80.00 01-Aug-2005 480,000.00 477,772.69
Group 4 5000005025 MD 85.92 01-Jul-2005 537,000.00 534,957.15
Group 4 5000009395 CA 74.90 01-Sep-2005 382,000.00 382,000.00
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 0000195517 Loan Paid in Full 0 6.950% 120 7
Group 1 0000197525 Loan Paid in Full 0 6.100% 360 7
Group 1 0000198211 Loan Paid in Full 0 6.250% 360 7
Group 1 0000201323 Loan Paid in Full 0 5.990% 360 7
Group 1 0000203201 Loan Paid in Full 0 6.250% 360 7
Group 1 0000203997 Loan Paid in Full 0 7.050% 180 7
Group 1 0000214288 Loan Paid in Full 0 6.690% 360 5
Group 1 0000214370 Loan Paid in Full 0 10.250% 240 5
Group 1 0000214512 Loan Paid in Full 1 6.500% 360 6
Group 1 0000216907 Loan Paid in Full (1) 9.900% 240 5
Group 1 0000217280 Loan Paid in Full 0 6.250% 360 5
Group 1 0000218046 Loan Paid in Full 0 8.190% 360 5
Group 1 0000229435 Loan Paid in Full 0 10.000% 360 4
Group 1 0000235595 Loan Paid in Full 0 7.640% 360 3
Group 1 0505049121 Loan Paid in Full 0 8.500% 360 5
Group 1 0505050871 Loan Paid in Full 0 7.750% 180 5
Group 1 0505197753 Loan Paid in Full 0 9.250% 360 5
Group 1 0505244171 Loan Paid in Full 0 5.875% 360 5
Group 1 1000708253 Loan Paid in Full 0 11.140% 180 4
Group 1 1000764211 Loan Paid in Full 0 10.250% 180 4
Group 2 0000174598 Loan Paid in Full 0 5.640% 360 10
Group 2 0000179743 Loan Paid in Full 0 6.990% 360 7
Group 2 0000179773 Loan Paid in Full 0 5.290% 360 9
Group 2 0000185206 Loan Paid in Full 0 6.990% 360 8
Group 2 0000185646 Loan Paid in Full 0 7.540% 360 8
Group 2 0000185863 Loan Paid in Full 0 6.165% 360 8
Group 2 0000188487 Loan Paid in Full 3 6.940% 360 8
Group 2 0000188502 Loan Paid in Full 0 5.800% 360 8
Group 2 0000189790 Loan Paid in Full 0 6.990% 360 8
Group 2 0000191263 Loan Paid in Full 0 6.990% 360 7
Group 2 0000191503 Loan Paid in Full 0 6.950% 360 8
Group 2 0000191892 Loan Paid in Full 0 6.990% 360 8
Group 2 0000192094 Loan Paid in Full 0 6.990% 360 7
Group 2 0000192192 Loan Paid in Full 0 7.740% 360 8
Group 2 0000192276 Loan Paid in Full 0 6.990% 360 8
Group 2 0000192348 Loan Paid in Full 0 6.640% 360 8
Group 2 0000192640 Loan Paid in Full 0 5.990% 360 8
Group 2 0000193655 Loan Paid in Full 0 6.040% 360 7
Group 2 0000194045 Loan Paid in Full 0 7.450% 360 7
Group 2 0000194416 Loan Paid in Full 0 6.490% 360 7
Group 2 0000194435 Loan Paid in Full 0 6.990% 360 7
Group 2 0000194525 Loan Paid in Full (1) 7.990% 360 7
Group 2 0000194677 Loan Paid in Full 0 7.640% 360 7
Group 2 0000194698 Loan Paid in Full 0 8.500% 360 8
Group 2 0000194998 Loan Paid in Full 0 8.240% 360 7
Group 2 0000195109 Loan Paid in Full 0 6.750% 360 7
Group 2 0000195424 Loan Paid in Full 0 7.000% 360 7
Group 2 0000195504 Loan Paid in Full 0 6.150% 360 7
Group 2 0000195740 Loan Paid in Full 0 6.990% 360 6
Group 2 0000196135 Loan Paid in Full 0 5.990% 360 7
Group 2 0000196528 Loan Paid in Full 0 6.990% 360 6
Group 2 0000196939 Loan Paid in Full 0 6.990% 360 7
Group 2 0000197233 Loan Paid in Full 0 6.990% 360 7
Group 2 0000197464 Loan Paid in Full 0 7.840% 360 7
Group 2 0000197710 Loan Paid in Full 0 5.990% 360 7
Group 2 0000197889 Loan Paid in Full 0 5.750% 360 7
Group 2 0000198822 Loan Paid in Full 0 6.500% 360 7
Group 2 0000199040 Loan Paid in Full 0 6.790% 360 7
Group 2 0000199531 Loan Paid in Full 0 9.140% 360 7
Group 2 0000200081 Loan Paid in Full 0 6.990% 360 6
Group 2 0000200509 Loan Paid in Full 0 5.400% 360 7
Group 2 0000201055 Loan Paid in Full 0 5.740% 360 7
Group 2 0000201256 Loan Paid in Full 0 6.940% 360 7
Group 2 0000201480 Loan Paid in Full 0 6.990% 360 7
Group 2 0000201568 Loan Paid in Full 0 6.440% 360 7
Group 2 0000202105 Loan Paid in Full 0 6.600% 360 7
Group 2 0000202700 Loan Paid in Full 0 5.500% 360 7
Group 2 0000202910 Loan Paid in Full 0 8.990% 360 7
Group 2 0000203177 Loan Paid in Full 0 6.990% 360 7
Group 2 0000204504 Loan Paid in Full 2 7.290% 360 6
Group 2 0000205165 Loan Paid in Full 0 8.240% 360 7
Group 2 0000205808 Loan Paid in Full 0 6.700% 360 7
Group 2 0000208652 Loan Paid in Full (1) 6.750% 360 6
Group 2 0000208813 Loan Paid in Full 0 6.700% 360 6
Group 2 0000209062 Loan Paid in Full 0 6.690% 360 6
Group 2 0000209211 Loan Paid in Full 0 6.090% 360 6
Group 2 0000209369 Loan Paid in Full 0 7.250% 360 6
Group 2 0000210254 Loan Paid in Full (1) 6.000% 360 6
Group 2 0000210361 Loan Paid in Full 0 6.190% 360 6
Group 2 0000210855 Loan Paid in Full 0 6.840% 360 6
Group 2 0000211018 Loan Paid in Full 0 7.350% 360 6
Group 2 0000212017 Loan Paid in Full 0 6.990% 360 6
Group 2 0000212727 Loan Paid in Full 0 7.600% 360 6
Group 2 0000214844 Loan Paid in Full 0 7.500% 360 5
Group 2 0000215133 Loan Paid in Full 0 7.100% 360 6
Group 2 0000217328 Loan Paid in Full 0 7.250% 360 5
Group 2 0000217531 Loan Paid in Full 0 7.500% 360 5
Group 2 0000217685 Loan Paid in Full 0 6.340% 360 5
Group 2 0000217940 Loan Paid in Full 0 6.600% 360 5
Group 2 0000218326 Loan Paid in Full 0 6.240% 360 5
Group 2 0000218889 Loan Paid in Full 0 7.000% 360 5
Group 2 0000218918 Loan Paid in Full 0 7.540% 360 5
Group 2 0000219060 Loan Paid in Full (1) 6.990% 360 5
Group 2 0000221660 Loan Paid in Full 0 7.940% 360 4
Group 2 0000222812 Loan Paid in Full 0 7.540% 360 5
Group 2 0000223921 Loan Paid in Full 0 10.290% 360 5
Group 2 0000224749 Loan Paid in Full 0 6.990% 360 5
Group 2 0000227111 Loan Paid in Full 0 6.550% 360 4
Group 2 0000227202 Loan Paid in Full 0 9.790% 360 5
Group 2 0000228290 Loan Paid in Full 0 6.590% 360 4
Group 2 0000228355 Loan Paid in Full 0 10.290% 360 4
Group 2 0000229035 Loan Paid in Full 0 7.490% 360 4
Group 2 0000231486 Loan Paid in Full 0 7.890% 360 3
Group 2 0000232317 Loan Paid in Full 0 8.500% 360 4
Group 2 0000235421 Loan Paid in Full 0 8.640% 360 4
Group 2 0000238209 Loan Paid in Full (1) 6.820% 360 4
Group 2 0041502014 Loan Paid in Full 0 6.260% 360 6
Group 2 0041502444 Loan Paid in Full 0 7.995% 360 6
Group 2 0041554171 Loan Paid in Full 0 7.225% 360 5
Group 2 0041563479 Loan Paid in Full 0 8.475% 360 5
Group 2 0041615857 Loan Paid in Full 0 6.990% 360 5
Group 2 0041684838 Loan Paid in Full 1 7.480% 360 5
Group 2 0041693110 Loan Paid in Full 0 7.100% 360 4
Group 2 0041736331 Loan Paid in Full 0 9.788% 360 4
Group 2 0041748526 Loan Paid in Full 0 7.345% 360 4
Group 2 0041751835 Loan Paid in Full 0 9.725% 360 5
Group 2 0041772047 Loan Paid in Full 1 6.788% 360 5
Group 2 0041796533 Loan Paid in Full 0 6.490% 360 4
Group 2 0041808916 Loan Paid in Full 0 7.855% 360 4
Group 2 0041809641 Loan Paid in Full 0 7.490% 360 4
Group 2 0041825845 Loan Paid in Full 0 6.975% 360 4
Group 2 0041826884 Loan Paid in Full 0 8.600% 360 4
Group 2 0041835745 Loan Paid in Full 0 7.980% 360 4
Group 2 0041835869 Loan Paid in Full 0 6.105% 360 4
Group 2 0041836115 Loan Paid in Full 0 8.350% 360 4
Group 2 0041836255 Loan Paid in Full 0 8.355% 360 4
Group 2 0041836602 Loan Paid in Full 0 6.850% 360 4
Group 2 0041845884 Loan Paid in Full 0 7.350% 360 4
Group 2 0041847823 Loan Paid in Full 0 7.350% 360 4
Group 2 00QB540723 Loan Paid in Full 0 7.200% 360 6
Group 2 00QB550432 Loan Paid in Full 0 7.250% 360 5
Group 2 00QB551008 Loan Paid in Full 0 7.000% 360 5
Group 2 0503216551 Loan Paid in Full 0 6.500% 360 5
Group 2 0503285475 Loan Paid in Full 0 7.850% 360 6
Group 2 0504226935 Loan Paid in Full 0 6.990% 360 4
Group 2 0504227488 Loan Paid in Full 0 7.100% 360 5
Group 2 0504269896 Loan Paid in Full 0 7.750% 360 6
Group 2 0504272602 Loan Paid in Full 0 8.250% 360 6
Group 2 0504272670 Loan Paid in Full 0 8.250% 360 6
Group 2 0505026347 Loan Paid in Full 0 7.050% 360 5
Group 2 0505094051 Loan Paid in Full 0 7.490% 360 5
Group 2 0505094213 Loan Paid in Full 0 7.000% 360 5
Group 2 0505106487 Loan Paid in Full 0 6.750% 360 5
Group 2 0505117594 Loan Paid in Full 0 8.200% 360 5
Group 2 0505120127 Loan Paid in Full 0 7.500% 360 5
Group 2 0505131049 Loan Paid in Full 0 8.250% 360 5
Group 2 0505163769 Loan Paid in Full 0 8.125% 360 5
Group 2 0505174507 Loan Paid in Full 0 7.625% 360 5
Group 2 0505187169 Loan Paid in Full 0 8.600% 360 4
Group 2 0505197742 Loan Paid in Full 0 6.999% 360 5
Group 2 0505198910 Loan Paid in Full 0 8.399% 360 5
Group 2 0505244649 Loan Paid in Full 0 6.750% 360 5
Group 2 0505254992 Loan Paid in Full 0 7.759% 360 5
Group 2 1000708231 Loan Paid in Full 0 7.820% 360 4
Group 2 1000743612 Loan Paid in Full 0 7.370% 360 5
Group 2 1000744589 Loan Paid in Full 0 8.210% 360 4
Group 2 1000747212 Loan Paid in Full 0 6.795% 360 4
Group 2 1000749180 Loan Paid in Full 0 6.990% 360 4
Group 2 1000753455 Loan Paid in Full (1) 7.900% 360 4
Group 2 1000753916 Loan Paid in Full 0 6.450% 360 5
Group 2 1000782255 Loan Paid in Full 1 8.650% 360 4
Group 2 1000799871 Loan Paid in Full 0 8.245% 360 4
Group 2 1000803877 Loan Paid in Full 0 6.720% 360 4
Group 2 5000000288 Loan Paid in Full 0 6.850% 360 8
Group 2 5000000862 Loan Paid in Full 0 6.990% 360 7
Group 2 5000001235 Loan Paid in Full 0 6.840% 360 7
Group 3 0000198521 Loan Paid in Full (1) 6.990% 360 7
Group 3 0000199309 Loan Paid in Full 0 5.990% 360 6
Group 3 0000207268 Loan Paid in Full 0 8.140% 360 6
Group 3 0000215937 Loan Paid in Full (1) 11.000% 240 5
Group 3 0000215962 Loan Paid in Full 0 10.250% 180 6
Group 3 0000216831 Loan Paid in Full 3 9.990% 180 5
Group 3 0000218298 Loan Paid in Full 0 10.700% 240 5
Group 3 0000219176 Loan Paid in Full (1) 10.750% 180 5
Group 3 0000219938 Loan Paid in Full (1) 10.600% 240 5
Group 3 0000220662 Loan Paid in Full 0 11.800% 240 5
Group 3 0000224812 Loan Paid in Full 0 7.750% 360 5
Group 3 0041848128 Loan Paid in Full 1 10.115% 180 4
Group 3 0503081576 Loan Paid in Full 0 7.500% 360 6
Group 3 0504271823 Loan Paid in Full (1) 8.750% 360 5
Group 3 0504283385 Loan Paid in Full 0 8.750% 360 5
Group 3 0505026345 Loan Paid in Full 0 7.999% 240 5
Group 3 0505037515 Loan Paid in Full 0 5.990% 360 5
Group 3 1000707230 Loan Paid in Full 0 6.180% 360 5
Group 3 1000743566 Loan Paid in Full (1) 10.140% 180 5
Group 3 1000758427 Loan Paid in Full 0 8.990% 180 4
Group 3 1000761735 Loan Paid in Full 0 11.000% 180 4
Group 3 1000770230 Loan Paid in Full 1 9.990% 180 4
Group 3 1000803888 Loan Paid in Full 0 11.000% 180 4
Group 4 0000171825 Loan Paid in Full 0 6.990% 360 10
Group 4 0000184760 Loan Paid in Full 0 5.990% 360 9
Group 4 0000185908 Loan Paid in Full 0 6.940% 360 8
Group 4 0000186389 Loan Paid in Full 0 5.790% 360 8
Group 4 0000189335 Loan Paid in Full 0 6.000% 360 8
Group 4 0000189375 Loan Paid in Full 0 6.450% 360 8
Group 4 0000193319 Loan Paid in Full 0 6.940% 360 7
Group 4 0000194332 Loan Paid in Full 0 5.540% 360 8
Group 4 0000194528 Loan Paid in Full 0 8.990% 360 7
Group 4 0000195096 Loan Paid in Full 0 6.750% 360 8
Group 4 0000195507 Loan Paid in Full 0 6.850% 360 7
Group 4 0000196761 Loan Paid in Full 0 8.750% 360 7
Group 4 0000197336 Loan Paid in Full 0 5.750% 360 7
Group 4 0000198287 Loan Paid in Full 0 6.990% 360 7
Group 4 0000198716 Loan Paid in Full 0 8.875% 360 7
Group 4 0000198753 Loan Paid in Full (2) 6.590% 360 6
Group 4 0000199588 Loan Paid in Full 0 7.015% 360 7
Group 4 0000199709 Loan Paid in Full 2 9.740% 360 7
Group 4 0000200348 Loan Paid in Full 0 7.200% 360 7
Group 4 0000200621 Loan Paid in Full 0 6.375% 360 7
Group 4 0000200674 Loan Paid in Full 0 7.140% 360 7
Group 4 0000200767 Loan Paid in Full 0 7.800% 360 7
Group 4 0000200981 Loan Paid in Full 0 6.490% 360 7
Group 4 0000202168 Loan Paid in Full 0 7.350% 360 7
Group 4 0000203464 Loan Paid in Full 0 7.450% 360 6
Group 4 0000203875 Loan Paid in Full (1) 7.990% 360 5
Group 4 0000206043 Loan Paid in Full 0 7.250% 360 6
Group 4 0000206078 Loan Paid in Full 0 6.990% 360 7
Group 4 0000206544 Loan Paid in Full 0 6.590% 360 6
Group 4 0000210040 Loan Paid in Full 0 6.990% 360 6
Group 4 0000211656 Loan Paid in Full 0 6.950% 360 5
Group 4 0000212473 Loan Paid in Full 0 6.690% 360 5
Group 4 0000213787 Loan Paid in Full 0 7.390% 360 6
Group 4 0000217653 Loan Paid in Full 0 6.690% 360 5
Group 4 0000218766 Loan Paid in Full 2 7.640% 360 5
Group 4 0000219918 Loan Paid in Full 0 6.965% 360 5
Group 4 0000222650 Loan Paid in Full 0 5.990% 360 5
Group 4 0000223223 Loan Paid in Full 0 7.640% 360 5
Group 4 0000224191 Loan Paid in Full 0 7.440% 360 5
Group 4 0000224346 Loan Paid in Full 0 11.340% 360 4
Group 4 0000227307 Loan Paid in Full 0 7.850% 360 4
Group 4 0000227833 Loan Paid in Full 0 6.290% 360 5
Group 4 0000228123 Loan Paid in Full 0 8.990% 360 4
Group 4 0000238018 Loan Paid in Full 0 7.444% 360 4
Group 4 0000238966 Loan Paid in Full (1) 7.250% 360 4
Group 4 0041593336 Loan Paid in Full 0 6.375% 360 5
Group 4 0041639733 Loan Paid in Full 0 6.480% 360 5
Group 4 0041640004 Loan Paid in Full (1) 8.355% 360 6
Group 4 0041674383 Loan Paid in Full 1 8.725% 360 4
Group 4 0041678715 Loan Paid in Full 0 7.225% 360 5
Group 4 0041785320 Loan Paid in Full 0 6.475% 360 4
Group 4 0041791906 Loan Paid in Full 0 6.605% 360 4
Group 4 0041805011 Loan Paid in Full 0 7.600% 360 4
Group 4 0041812017 Loan Paid in Full 0 8.990% 360 4
Group 4 0041812173 Loan Paid in Full (1) 6.605% 360 4
Group 4 0041812967 Loan Paid in Full 0 8.230% 360 4
Group 4 0041827395 Loan Paid in Full 0 7.850% 360 4
Group 4 0041840521 Loan Paid in Full 0 8.225% 360 4
Group 4 0041847997 Loan Paid in Full 1 6.240% 360 4
Group 4 0041849209 Loan Paid in Full 0 6.850% 360 4
Group 4 0041871013 Loan Paid in Full (1) 7.105% 360 4
Group 4 0041880600 Loan Paid in Full 0 6.980% 360 4
Group 4 00QB522424 Loan Paid in Full 0 6.500% 360 7
Group 4 0502180574 Loan Paid in Full 0 6.899% 360 5
Group 4 0503231028 Loan Paid in Full 0 7.490% 360 5
Group 4 0504122517 Loan Paid in Full 0 8.175% 360 6
Group 4 0504158812 Loan Paid in Full 0 7.625% 360 5
Group 4 0504203380 Loan Paid in Full 0 8.550% 360 5
Group 4 0504271266 Loan Paid in Full 0 7.850% 360 5
Group 4 0504271382 Loan Paid in Full 0 6.875% 360 5
Group 4 0504272610 Loan Paid in Full 0 6.750% 360 5
Group 4 0504283798 Loan Paid in Full 0 7.375% 360 5
Group 4 0505037424 Loan Paid in Full 0 8.390% 360 5
Group 4 0505037823 Loan Paid in Full 0 7.250% 360 5
Group 4 0505038579 Loan Paid in Full 0 7.990% 360 5
Group 4 0505049145 Loan Paid in Full (1) 7.990% 360 5
Group 4 0505052113 Loan Paid in Full 0 6.375% 360 5
Group 4 0505063470 Loan Paid in Full 0 7.750% 360 5
Group 4 0505129392 Loan Paid in Full 0 7.999% 360 5
Group 4 0505131764 Loan Paid in Full 1 7.500% 360 5
Group 4 0505175518 Loan Paid in Full 0 8.250% 360 5
Group 4 0505187378 Loan Paid in Full 0 6.800% 360 5
Group 4 0505197693 Loan Paid in Full 0 7.500% 360 5
Group 4 0505200438 Loan Paid in Full 0 8.750% 360 5
Group 4 0505244716 Loan Paid in Full (1) 6.250% 360 5
Group 4 1000602751 Loan Paid in Full 0 6.500% 360 5
Group 4 1000695832 Loan Paid in Full (1) 6.500% 360 5
Group 4 1000738492 Loan Paid in Full 0 5.720% 360 4
Group 4 1000739022 Loan Paid in Full 0 6.390% 360 5
Group 4 1000747144 Loan Paid in Full 0 8.970% 360 4
Group 4 1000753578 Loan Paid in Full 0 5.380% 360 5
Group 4 1000759541 Loan Paid in Full 0 6.670% 360 4
Group 4 1000761656 Loan Paid in Full 0 7.545% 360 4
Group 4 1000764075 Loan Paid in Full 0 6.250% 360 4
Group 4 1000770218 Loan Paid in Full 2 6.420% 360 4
Group 4 5000005025 Loan Paid in Full (2) 10.070% 360 5
Group 4 5000009395 Loan Paid in Full 0 6.990% 360 3
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 3.202% Current Month 32.327% Current Month 3,135.705%
3 Month Average 2.684% 3 Month Average 27.777% 3 Month Average 3,380.716%
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>
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 23.961% N/A Oct-2005 3,762.938% N/A
Nov-2005 27.044% N/A Nov-2005 3,243.504% N/A
Dec-2005 32.327% N/A Dec-2005 3,135.705% 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>
Modifications
Loan Beginning Current Prior Modified Prior Modified
Number Balance Balance Rate Rate Payment Payment
<s> <c> <c> <c> <c> <c> <c>
No Modifications this Period
Substitutions
Loans Repurchased Loans Substituted
Loan Current Current Current Loan Current Current Current
Number Balance Rate Payment Number Balance Rate Payment
<s> <c> <c> <c> <c> <c> <c> <c>
No Substitutions this Period
Repurchases
Loan Current Current Current
Number Balance Rate Payment
<s> <c> <c> <c>
No Repurchases this Period