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
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-D
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-19
Pooling and Servicing Agreement) (Commission 54-2173100
(State or other File Number) 54-2173101
jurisdiction IRS EIN
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On December 27, 2005 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-D
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-D 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.
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-D Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 12/30/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-D Trust,
relating to the December 27, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 11/30/2005
Distribution Date: 12/27/2005
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series BOAMS2005-D
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>
1-A-1 05949A4G2 4.42955% 29,173,508.25 107,687.89
1-A-2 05949A4H0 4.42955% 1,110,827.66 4,100.39
1-A-R 05949A4J6 4.41056% 0.00 0.00
2-A-1 05949A4K3 4.79349% 23,069,066.26 92,151.09
2-A-2 05949A4L1 4.79349% 71,854,013.80 287,026.18
2-A-3 05949A4M9 4.79349% 41,212,000.00 164,624.38
2-A-4 05949A4N7 4.79349% 71,406,000.00 285,236.55
2-A-5 05949A4P2 4.79349% 44,652,000.00 178,365.72
2-A-6 05949A4Q0 4.79349% 46,315,000.00 185,008.69
2-A-7 05949A4R8 4.79349% 92,221,000.00 368,383.61
3-A-1 05949A4S6 5.11932% 26,454,330.37 112,856.71
1-IO 05949A4Z0 0.27100% 0.00 7,150.57
B-1 05949A4T4 4.78506% 9,139,968.02 36,446.06
B-2 05949A4U1 4.78506% 3,301,236.40 13,163.84
B-3 05949A4V9 4.78506% 2,285,241.27 9,112.51
B-4 05949A4W7 4.78506% 1,014,998.08 4,047.35
B-5 05949A4X5 4.78506% 761,747.09 3,037.50
B-6 05949A4Y3 4.78506% 1,270,437.61 5,065.93
Totals 465,241,374.81 1,863,464.97
Certificateholder Distribution Summary (continued)
Class Principal Current Ending Total Cummulative
Distribution Realized Certificate Distribution Realized
Loss Balance Losses
<s> <c> <c> <c> <c> <c>
1-A-1 1,979,852.57 0.00 27,193,655.68 2,087,540.46 0.00
1-A-2 75,386.03 0.00 1,035,441.63 79,486.42 0.00
1-A-R 0.00 0.00 0.00 0.00 0.00
2-A-1 295,071.01 0.00 22,773,995.25 387,222.10 0.00
2-A-2 4,702,652.85 0.00 67,151,360.95 4,989,679.03 0.00
2-A-3 0.00 0.00 41,212,000.00 164,624.38 0.00
2-A-4 0.00 0.00 71,406,000.00 285,236.55 0.00
2-A-5 0.00 0.00 44,652,000.00 178,365.72 0.00
2-A-6 0.00 0.00 46,315,000.00 185,008.69 0.00
2-A-7 0.00 0.00 92,221,000.00 368,383.61 0.00
3-A-1 91,082.99 0.00 26,363,247.37 203,939.70 0.00
1-IO 0.00 0.00 0.00 7,150.57 0.00
B-1 3,998.46 0.00 9,135,969.56 40,444.52 0.00
B-2 1,444.19 0.00 3,299,792.21 14,608.03 0.00
B-3 999.72 0.00 2,284,241.54 10,112.23 0.00
B-4 444.03 0.00 1,014,554.05 4,491.38 0.00
B-5 333.24 0.00 761,413.85 3,370.74 0.00
B-6 555.78 0.00 1,269,881.83 5,621.71 0.00
Totals 7,151,820.87 0.00 458,089,553.92 9,015,285.84 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>
1-A-1 36,768,000.00 29,173,508.25 17,428.42 1,962,424.15 0.00 0.00
1-A-2 1,400,000.00 1,110,827.66 663.61 74,722.42 0.00 0.00
1-A-R 100.00 0.00 0.00 0.00 0.00 0.00
2-A-1 25,000,000.00 23,069,066.26 9,617.43 285,453.57 0.00 0.00
2-A-2 102,628,000.00 71,854,013.80 153,276.50 4,549,376.35 0.00 0.00
2-A-3 41,212,000.00 41,212,000.00 0.00 0.00 0.00 0.00
2-A-4 71,406,000.00 71,406,000.00 0.00 0.00 0.00 0.00
2-A-5 44,652,000.00 44,652,000.00 0.00 0.00 0.00 0.00
2-A-6 46,315,000.00 46,315,000.00 0.00 0.00 0.00 0.00
2-A-7 92,221,000.00 92,221,000.00 0.00 0.00 0.00 0.00
3-A-1 29,879,000.00 26,454,330.37 13,889.16 77,193.83 0.00 0.00
1-IO 0.00 0.00 0.00 0.00 0.00 0.00
B-1 9,167,000.00 9,139,968.02 3,998.46 0.00 0.00 0.00
B-2 3,311,000.00 3,301,236.40 1,444.19 0.00 0.00 0.00
B-3 2,292,000.00 2,285,241.27 999.72 0.00 0.00 0.00
B-4 1,018,000.00 1,014,998.08 444.03 0.00 0.00 0.00
B-5 764,000.00 761,747.09 333.24 0.00 0.00 0.00
B-6 1,274,195.00 1,270,437.61 555.78 0.00 0.00 0.00
Totals 509,307,295.00 465,241,374.81 202,650.54 6,949,170.32 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>
1-A-1 1,979,852.57 27,193,655.68 0.739601 1,979,852.57
1-A-2 75,386.03 1,035,441.63 0.739601 75,386.03
1-A-R 0.00 0.00 0.000000 0.00
2-A-1 295,071.01 22,773,995.25 0.910960 295,071.01
2-A-2 4,702,652.85 67,151,360.95 0.654318 4,702,652.85
2-A-3 0.00 41,212,000.00 1.000000 0.00
2-A-4 0.00 71,406,000.00 1.000000 0.00
2-A-5 0.00 44,652,000.00 1.000000 0.00
2-A-6 0.00 46,315,000.00 1.000000 0.00
2-A-7 0.00 92,221,000.00 1.000000 0.00
3-A-1 91,082.99 26,363,247.37 0.882334 91,082.99
1-IO 0.00 0.00 0.000000 0.00
B-1 3,998.46 9,135,969.56 0.996615 3,998.46
B-2 1,444.19 3,299,792.21 0.996615 1,444.19
B-3 999.72 2,284,241.54 0.996615 999.72
B-4 444.03 1,014,554.05 0.996615 444.03
B-5 333.24 761,413.85 0.996615 333.24
B-6 555.78 1,269,881.83 0.996615 555.78
Totals 7,151,820.87 458,089,553.92 0.899436 7,151,820.87
Principal Distribution Factors Statement
Class Original Beginning Scheduled UnScheduled Accretion
Face Certificate Principal Principal
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 36,768,000.00 793.448331 0.474011 53.373155 0.000000
1-A-2 1,400,000.00 793.448329 0.474007 53.373157 0.000000
1-A-R 100.00 0.000000 0.000000 0.000000 0.000000
2-A-1 25,000,000.00 922.762650 0.384697 11.418143 0.000000
2-A-2 102,628,000.00 700.140447 1.493515 44.328803 0.000000
2-A-3 41,212,000.00 1000.000000 0.000000 0.000000 0.000000
2-A-4 71,406,000.00 1000.000000 0.000000 0.000000 0.000000
2-A-5 44,652,000.00 1000.000000 0.000000 0.000000 0.000000
2-A-6 46,315,000.00 1000.000000 0.000000 0.000000 0.000000
2-A-7 92,221,000.00 1000.000000 0.000000 0.000000 0.000000
3-A-1 29,879,000.00 885.382053 0.464847 2.583548 0.000000
1-IO 0.00 0.000000 0.000000 0.000000 0.000000
B-1 9,167,000.00 997.051164 0.436180 0.000000 0.000000
B-2 3,311,000.00 997.051163 0.436179 0.000000 0.000000
B-3 2,292,000.00 997.051165 0.436178 0.000000 0.000000
B-4 1,018,000.00 997.051159 0.436179 0.000000 0.000000
B-5 764,000.00 997.051165 0.436178 0.000000 0.000000
B-6 1,274,195.00 997.051166 0.436181 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>
1-A-1 0.000000 53.847165 739.601166 0.739601 53.847165
1-A-2 0.000000 53.847164 739.601164 0.739601 53.847164
1-A-R 0.000000 0.000000 0.000000 0.000000 0.000000
2-A-1 0.000000 11.802840 910.959810 0.910960 11.802840
2-A-2 0.000000 45.822318 654.318129 0.654318 45.822318
2-A-3 0.000000 0.000000 1,000.000000 1.000000 0.000000
2-A-4 0.000000 0.000000 1,000.000000 1.000000 0.000000
2-A-5 0.000000 0.000000 1,000.000000 1.000000 0.000000
2-A-6 0.000000 0.000000 1,000.000000 1.000000 0.000000
2-A-7 0.000000 0.000000 1,000.000000 1.000000 0.000000
3-A-1 0.000000 3.048395 882.333658 0.882334 3.048395
1-IO 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 0.000000 0.436180 996.614984 0.996615 0.436180
B-2 0.000000 0.436179 996.614983 0.996615 0.436179
B-3 0.000000 0.436178 996.614983 0.996615 0.436178
B-4 0.000000 0.436179 996.614980 0.996615 0.436179
B-5 0.000000 0.436178 996.614987 0.996615 0.436178
B-6 0.000000 0.436181 996.614984 0.996615 0.436181
<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>
1-A-1 11/01/05 - 11/30/05 30 4.42955% 29,173,508.25 107,687.89 0.00
1-A-2 11/01/05 - 11/30/05 30 4.42955% 1,110,827.66 4,100.39 0.00
1-A-R N/A N/A 4.41056% 0.00 0.00 0.00
2-A-1 11/01/05 - 11/30/05 30 4.79349% 23,069,066.26 92,151.09 0.00
2-A-2 11/01/05 - 11/30/05 30 4.79349% 71,854,013.80 287,026.18 0.00
2-A-3 11/01/05 - 11/30/05 30 4.79349% 41,212,000.00 164,624.38 0.00
2-A-4 11/01/05 - 11/30/05 30 4.79349% 71,406,000.00 285,236.55 0.00
2-A-5 11/01/05 - 11/30/05 30 4.79349% 44,652,000.00 178,365.72 0.00
2-A-6 11/01/05 - 11/30/05 30 4.79349% 46,315,000.00 185,008.69 0.00
2-A-7 11/01/05 - 11/30/05 30 4.79349% 92,221,000.00 368,383.61 0.00
3-A-1 11/01/05 - 11/30/05 30 5.11932% 26,454,330.37 112,856.71 0.00
1-IO 11/01/05 - 11/30/05 30 0.27100% 31,663,029.97 7,150.57 0.00
B-1 11/01/05 - 11/30/05 30 4.78506% 9,139,968.02 36,446.06 0.00
B-2 11/01/05 - 11/30/05 30 4.78506% 3,301,236.40 13,163.84 0.00
B-3 11/01/05 - 11/30/05 30 4.78506% 2,285,241.27 9,112.51 0.00
B-4 11/01/05 - 11/30/05 30 4.78506% 1,014,998.08 4,047.35 0.00
B-5 11/01/05 - 11/30/05 30 4.78506% 761,747.09 3,037.50 0.00
B-6 11/01/05 - 11/30/05 30 4.78506% 1,270,437.61 5,065.93 0.00
Totals 1,863,464.97 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>
1-A-1 0.00 0.00 107,687.89 0.00 27,193,655.68
1-A-2 0.00 0.00 4,100.39 0.00 1,035,441.63
1-A-R 0.00 0.00 0.00 0.00 0.00
2-A-1 0.00 0.00 92,151.09 0.00 22,773,995.25
2-A-2 0.00 0.00 287,026.18 0.00 67,151,360.95
2-A-3 0.00 0.00 164,624.38 0.00 41,212,000.00
2-A-4 0.00 0.00 285,236.55 0.00 71,406,000.00
2-A-5 0.00 0.00 178,365.72 0.00 44,652,000.00
2-A-6 0.00 0.00 185,008.69 0.00 46,315,000.00
2-A-7 0.00 0.00 368,383.61 0.00 92,221,000.00
3-A-1 0.00 0.00 112,856.71 0.00 26,363,247.37
1-IO 0.00 0.00 7,150.57 0.00 29,606,967.73
B-1 0.00 0.00 36,446.06 0.00 9,135,969.56
B-2 0.00 0.00 13,163.84 0.00 3,299,792.21
B-3 0.00 0.00 9,112.51 0.00 2,284,241.54
B-4 0.00 0.00 4,047.35 0.00 1,014,554.05
B-5 0.00 0.00 3,037.50 0.00 761,413.85
B-6 0.00 0.00 5,065.93 0.00 1,269,881.83
Totals 0.00 0.00 1,863,464.97 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>
1-A-1 11/01/05 - 11/30/05 36,768,000.00 4.42955% 793.448331 2.928848 0.000000
1-A-2 11/01/05 - 11/30/05 1,400,000.00 4.42955% 793.448329 2.928850 0.000000
1-A-R N/A 100.00 4.41056% 0.000000 0.000000 0.000000
2-A-1 11/01/05 - 11/30/05 25,000,000.00 4.79349% 922.762650 3.686044 0.000000
2-A-2 11/01/05 - 11/30/05 102,628,000.00 4.79349% 700.140447 2.796763 0.000000
2-A-3 11/01/05 - 11/30/05 41,212,000.00 4.79349% 1000.000000 3.994574 0.000000
2-A-4 11/01/05 - 11/30/05 71,406,000.00 4.79349% 1000.000000 3.994574 0.000000
2-A-5 11/01/05 - 11/30/05 44,652,000.00 4.79349% 1000.000000 3.994574 0.000000
2-A-6 11/01/05 - 11/30/05 46,315,000.00 4.79349% 1000.000000 3.994574 0.000000
2-A-7 11/01/05 - 11/30/05 92,221,000.00 4.79349% 1000.000000 3.994574 0.000000
3-A-1 11/01/05 - 11/30/05 29,879,000.00 5.11932% 885.382053 3.777125 0.000000
1-IO 11/01/05 - 11/30/05 0.00 0.27100% 800.532397 0.180787 0.000000
B-1 11/01/05 - 11/30/05 9,167,000.00 4.78506% 997.051164 3.975789 0.000000
B-2 11/01/05 - 11/30/05 3,311,000.00 4.78506% 997.051163 3.975790 0.000000
B-3 11/01/05 - 11/30/05 2,292,000.00 4.78506% 997.051165 3.975790 0.000000
B-4 11/01/05 - 11/30/05 1,018,000.00 4.78506% 997.051159 3.975786 0.000000
B-5 11/01/05 - 11/30/05 764,000.00 4.78506% 997.051165 3.975785 0.000000
B-6 11/01/05 - 11/30/05 1,274,195.00 4.78506% 997.051166 3.975789 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>
1-A-1 0.000000 0.000000 2.928848 0.000000 739.601166
1-A-2 0.000000 0.000000 2.928850 0.000000 739.601164
1-A-R 0.000000 0.000000 0.000000 0.000000 0.000000
2-A-1 0.000000 0.000000 3.686044 0.000000 910.959810
2-A-2 0.000000 0.000000 2.796763 0.000000 654.318129
2-A-3 0.000000 0.000000 3.994574 0.000000 1000.000000
2-A-4 0.000000 0.000000 3.994574 0.000000 1000.000000
2-A-5 0.000000 0.000000 3.994574 0.000000 1000.000000
2-A-6 0.000000 0.000000 3.994574 0.000000 1000.000000
2-A-7 0.000000 0.000000 3.994574 0.000000 1000.000000
3-A-1 0.000000 0.000000 3.777125 0.000000 882.333658
1-IO 0.000000 0.000000 0.180787 0.000000 748.549234
B-1 0.000000 0.000000 3.975789 0.000000 996.614984
B-2 0.000000 0.000000 3.975790 0.000000 996.614983
B-3 0.000000 0.000000 3.975790 0.000000 996.614983
B-4 0.000000 0.000000 3.975786 0.000000 996.614980
B-5 0.000000 0.000000 3.975785 0.000000 996.614987
B-6 0.000000 0.000000 3.975789 0.000000 996.614984
<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 9,115,742.54
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 0.00
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Swap/Cap Payments 0.00
Total Deposits 9,115,742.54
Withdrawals
Swap Payments 0.00
Reserve Funds and Credit Enhancements 0.00
Total Administration Fees 100,456.70
Payment of Interest and Principal 9,015,285.84
Total Withdrawals (Pool Distribution Amount) 9,115,742.54
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
ADMINISTRATION FEES
<s> <c>
Gross Servicing Fee* 100,223.80
Trustee Fee - Wells Fargo Bank, N.A. 232.90
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 100,456.70
<FN>
*Servicer Payees include: BANK OF AMERICA (NY)
</FN>
COLLATERAL STATEMENT
Collateral Description Mixed ARM
Weighted Average Gross Coupon 5.065554%
Weighted Average Net Coupon 4.807047%
Weighted Average Pass-Through Rate 4.806447%
Weighted Average Remaining Term 352
Beginning Scheduled Collateral Loan Count 986
Number Of Loans Paid In Full 16
Ending Scheduled Collateral Loan Count 970
Beginning Scheduled Collateral Balance 465,241,375.78
Ending Scheduled Collateral Balance 458,089,554.90
Ending Actual Collateral Balance at 30-Nov-2005 458,253,477.13
Monthly P&I Constant 2,166,571.69
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 0.00
Prepayment Penalty Paid Count 0
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 202,650.56
Unscheduled Principal 6,949,170.32
Ancillary Fees $1,928.28
Group Level Collateral Statement
<s> <c> <c>
Group 1- Three Year ARM 2- Five Year ARM 3- Seven Year ARM
Collateral Description Mixed ARM Mixed ARM Mixed ARM
Weighted Average Coupon Rate 5.076147 5.044089 5.369915
Weighted Average Net Rate 4.701147 4.794089 5.119915
Weighted Average Remaining Term 349 352 352
Beginning Loan Count 85 842 59
Loans Paid In Full 4 12 0
Ending Loan Count 81 830 59
Beginning Scheduled Balance 31,663,029.97 406,043,958.81 27,534,387.00
Ending Scheduled Balance 29,606,967.73 401,039,850.22 27,442,736.95
Record Date 11/30/2005 11/30/2005 11/30/2005
Principal And Interest Constant 152,854.17 1,876,046.86 137,670.66
Scheduled Principal 18,915.67 169,278.67 14,456.22
Unscheduled Principal 2,037,146.57 4,834,829.92 77,193.83
Scheduled Interest 133,938.50 1,706,768.19 123,214.44
Servicing Fee 9,894.70 84,592.49 5,736.33
Master Servicing Fee 0.00 0.00 0.00
Trustee Fee 15.83 203.02 13.77
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 124,027.97 1,621,972.68 117,464.34
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 0.00 0.00 0.00
Prepayment Penalty Paid Count 0 0 0
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 4.700547 4.793489 5.119315
<FN>
</FN>
Group Level Collateral Statement
<s> <c> <c>
Group Total
Collateral Description Mixed ARM
Weighted Average Coupon Rate 5.065554
Weighted Average Net Rate 4.807047
Weighted Average Remaining Term 352
Beginning Loan Count 986
Loans Paid In Full 16
Ending Loan Count 970
Beginning Scheduled Balance 465,241,375.78
Ending scheduled Balance 458,089,554.90
Record Date 11/30/2005
Principal And Interest Constant 2,166,571.69
Scheduled Principal 202,650.56
Unscheduled Principal 6,949,170.32
Scheduled Interest 1,963,921.13
Servicing Fee 100,223.52
Master Servicing Fee 0.00
Trustee Fee 232.62
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 1,863,464.99
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 0.00
Prepayment Penalty Paid Count 0
Special Servicing Fee 0.00
Pass-Through Rate 4.806447
<FN>
</FN>
Additional Reporting - Deal Level
Miscellaneous Reporting
<s> <c>
Total Senior Percentage 96.179698%
Aggregate Senior Percentage 3.820302%
Additional Reporting - Group Level
Miscellaneous Reporting
<s> <c>
1- Three Year ARM
CPR 55.000071%
Subordinate Percentage 4.354270%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 95.645730%
2- Five Year ARM
CPR 13.394227%
Subordinate Percentage 3.771729%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.228271%
3- Seven Year ARM
CPR 3.314571%
Subordinate Percentage 3.922573%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.077427%
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 1 0 0 1
66,500.00 0.00 0.00 66,500.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 1 0 0 0 1
440,000.00 0.00 0.00 0.00 440,000.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 1 0 1
0.00 0.00 222,418.84 0.00 222,418.84
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 1 1 1 0 3
440,000.00 66,500.00 222,418.84 0.00 728,918.84
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 0.103093% 0.000000% 0.000000% 0.103093%
0.014512% 0.000000% 0.000000% 0.014512%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.103093% 0.000000% 0.000000% 0.000000% 0.103093%
0.096017% 0.000000% 0.000000% 0.000000% 0.096017%
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% 0.103093% 0.000000% 0.103093%
0.000000% 0.000000% 0.048536% 0.000000% 0.048536%
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 0.103093% 0.103093% 0.103093% 0.000000% 0.309278%
0.096017% 0.014512% 0.048536% 0.000000% 0.159065%
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 2,784.24
Delinquency Status By Group
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
1- Three Year ARM
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 1 0 1
0.00 0.00 222,418.84 0.00 222,418.84
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 1 0 1
0.00 0.00 222,418.84 0.00 222,418.84
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% 1.234568% 0.000000% 1.234568%
0.000000% 0.000000% 0.750901% 0.000000% 0.750901%
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% 1.234568% 0.000000% 1.234568%
0.000000% 0.000000% 0.750901% 0.000000% 0.750901%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
2- Five Year ARM
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
66,500.00 0.00 0.00 66,500.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 1 0 0 0 1
440,000.00 0.00 0.00 0.00 440,000.00
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 1 1 0 0 2
440,000.00 66,500.00 0.00 0.00 506,500.00
0-29 Days 0.120482% 0.000000% 0.000000% 0.120482%
0.016576% 0.000000% 0.000000% 0.016576%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.120482% 0.000000% 0.000000% 0.000000% 0.120482%
0.109677% 0.000000% 0.000000% 0.000000% 0.109677%
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 0.120482% 0.120482% 0.000000% 0.000000% 0.240964%
0.109677% 0.016576% 0.000000% 0.000000% 0.126253%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
3- Seven Year ARM
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%
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.
1- Three Year ARM 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.
2- Five Year ARM 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.
3- Seven Year ARM 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 1 Jan-05 0.000%
Original Principal Balance 223,250.00 Feb-05 0.000%
Current Principal Balance 222,418.84 Mar-05 0.000%
Apr-05 0.000%
Current Foreclosure Total May-05 0.000%
Loans in Foreclosure 1 Jun-05 0.000%
Original Principal Balance 223,250.00 Jul-05 0.000%
Current Principal Balance 222,418.84 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.000%
Dec-05 0.049%
*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- Three Year ARM 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 1 Jan-05 0.000%
Original Principal Balance 223,250.00 Feb-05 0.000%
Current Principal Balance 222,418.84 Mar-05 0.000%
Apr-05 0.000%
Current Foreclosure Total May-05 0.000%
Loans in Foreclosure 1 Jun-05 0.000%
Original Principal Balance 223,250.00 Jul-05 0.000%
Current Principal Balance 222,418.84 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.000%
Dec-05 0.751%
*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- Five Year ARM 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.
3- Seven Year ARM 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>
1- Three Year ARM 6701630847 Dec-2005 01-Jan-2005 AZ 95.00 223,250.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)
Current Paid Current Approximate
Loan Principal To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
1- Three Year ARM 6701630847 222,418.84 01-Jul-2005 4 6.000% 6,255.48
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 1 Jun-05 0.000%
Original Principal Balance 66,500.00 Jul-05 0.000%
Current Principal Balance 66,500.00 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.014%
Dec-05 0.015%
*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- Three Year ARM 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.
2- Five Year ARM 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 1 Jun-05 0.000%
Original Principal Balance 66,500.00 Jul-05 0.000%
Current Principal Balance 66,500.00 Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-05 0.016%
Dec-05 0.017%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
3- Seven Year ARM 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>
2- Five Year ARM 6437888552 Nov-2005 01-Jan-2005 FL 95.00 66,500.00
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>
2- Five Year ARM 6437888552 66,500.00 01-Nov-2005 0 4.875% 512.62
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- Three Year ARM 0 0.00 0.00 0.000%
2- Five Year ARM 0 0.00 0.00 0.000%
3- Seven Year ARM 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>
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 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
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 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
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.
1- Three Year ARM
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 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
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 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
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.
2- Five Year ARM
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 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
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 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
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.
3- Seven Year ARM
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 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
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 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
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>
1- Three Year ARM 4 2,049,400.00 2,037,359.17 0 0.00 0.00
2- Five Year ARM 12 5,290,124.00 4,649,751.19 0 0.00 0.00
3- Seven Year ARM 0 0.00 0.00 0 0.00 0.00
Total 16 7,339,524.00 6,687,110.36 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- Three Year ARM 0 0.00 0.00 0 0.00 0.00 586.75
2- Five Year ARM 0 0.00 0.00 0 0.00 0.00 187,454.63
3- Seven Year ARM 0 0.00 0.00 0 0.00 0.00 77,193.83
Total 0 0.00 0.00 0 0.00 0.00 265,235.21
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- Three Year ARM 6324914974 CA 89.87 01-May-2005 355,000.00 351,913.49
1- Three Year ARM 6456252730 CA 67.79 01-Apr-2005 1,000,000.00 995,400.50
1- Three Year ARM 6470533024 FL 80.00 01-Dec-2004 344,400.00 339,245.83
1- Three Year ARM 6957196527 NJ 77.77 01-Mar-2005 350,000.00 350,000.00
2- Five Year ARM 3301523985 CA 31.21 01-Apr-2005 390,243.00 386,143.12
2- Five Year ARM 3301795849 NC 80.00 01-May-2005 543,200.00 538,138.36
2- Five Year ARM 6359617104 CA 59.45 01-Apr-2005 440,000.00 434,090.12
2- Five Year ARM 6385827784 FL 80.00 01-Apr-2005 628,000.00 5,089.69
2- Five Year ARM 6523580303 FL 80.00 01-Apr-2005 388,000.00 388,000.00
2- Five Year ARM 6560400670 CA 79.99 01-Apr-2005 417,490.00 417,490.00
2- Five Year ARM 6702327740 MD 55.55 01-May-2005 500,000.00 495,233.00
2- Five Year ARM 6747876313 VA 71.67 01-Apr-2005 573,400.00 573,400.00
2- Five Year ARM 6825310714 CA 61.66 01-Mar-2005 185,000.00 185,000.00
2- Five Year ARM 6874014613 WA 79.99 01-Apr-2005 448,791.00 448,791.00
2- Five Year ARM 6882725887 CA 80.00 01-May-2005 368,000.00 368,000.00
2- Five Year ARM 6910549507 CA 80.00 01-May-2005 408,000.00 408,000.00
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>
1- Three Year ARM 6324914974 Loan Paid in Full 0 5.625% 360 7
1- Three Year ARM 6456252730 Loan Paid in Full 0 5.375% 360 8
1- Three Year ARM 6470533024 Loan Paid in Full 0 5.375% 360 12
1- Three Year ARM 6957196527 Loan Paid in Full 0 5.000% 360 9
2- Five Year ARM 3301523985 Loan Paid in Full 0 5.250% 360 8
2- Five Year ARM 3301795849 Loan Paid in Full 0 5.250% 360 7
2- Five Year ARM 6359617104 Loan Paid in Full 0 3.875% 360 8
2- Five Year ARM 6385827784 Loan Paid in Full 0 5.125% 360 8
2- Five Year ARM 6523580303 Loan Paid in Full (1) 5.375% 360 8
2- Five Year ARM 6560400670 Loan Paid in Full 0 5.500% 360 8
2- Five Year ARM 6702327740 Loan Paid in Full 0 5.125% 360 7
2- Five Year ARM 6747876313 Loan Paid in Full (1) 5.625% 360 8
2- Five Year ARM 6825310714 Loan Paid in Full (1) 6.250% 360 9
2- Five Year ARM 6874014613 Loan Paid in Full 0 5.375% 360 8
2- Five Year ARM 6882725887 Loan Paid in Full 0 5.000% 360 7
2- Five Year ARM 6910549507 Loan Paid in Full (1) 5.125% 360 7
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.494% Current Month 16.529% Current Month 1,065.828%
3 Month Average 1.394% 3 Month Average 15.481% 3 Month Average 1,146.457%
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 7.745% N/A May-2005 5,142.207% N/A
Jun-2005 10.328% N/A Jun-2005 2,943.464% N/A
Jul-2005 14.564% N/A Jul-2005 2,644.903% N/A
Aug-2005 16.292% N/A Aug-2005 2,169.027% N/A
Sep-2005 18.196% N/A Sep-2005 1,912.549% N/A
Oct-2005 12.442% N/A Oct-2005 1,080.721% N/A
Nov-2005 17.471% N/A Nov-2005 1,292.822% N/A
Dec-2005 16.529% N/A Dec-2005 1,065.828% 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- Three Year ARM
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 6.438% Current Month 55.000% Current Month 3,142.935%
3 Month Average 4.091% 3 Month Average 37.153% 3 Month Average 2,401.908%
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 28.887% N/A May-2005 8,738.111% N/A
Jun-2005 32.444% N/A Jun-2005 6,065.621% N/A
Jul-2005 24.396% N/A Jul-2005 3,323.084% N/A
Aug-2005 28.932% N/A Aug-2005 3,076.616% N/A
Sep-2005 42.370% N/A Sep-2005 3,703.384% N/A
Oct-2005 44.336% N/A Oct-2005 3,280.175% N/A
Nov-2005 12.122% N/A Nov-2005 782.613% N/A
Dec-2005 55.000% N/A Dec-2005 3,142.935% 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- Five Year ARM
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.191% Current Month 13.394% Current Month 873.747%
3 Month Average 1.267% 3 Month Average 14.115% 3 Month Average 1,059.645%
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 6.117% N/A May-2005 4,633.863% N/A
Jun-2005 8.796% N/A Jun-2005 2,646.899% N/A
Jul-2005 11.551% N/A Jul-2005 2,169.950% N/A
Aug-2005 12.526% N/A Aug-2005 1,710.454% N/A
Sep-2005 15.622% N/A Sep-2005 1,674.685% N/A
Oct-2005 10.043% N/A Oct-2005 886.669% N/A
Nov-2005 18.908% N/A Nov-2005 1,418.520% N/A
Dec-2005 13.394% N/A Dec-2005 873.747% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
3- Seven Year ARM
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.281% Current Month 3.315% Current Month 207.563%
3 Month Average 0.105% 3 Month Average 1.242% 3 Month Average 79.231%
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 0.004% N/A May-2005 2.335% N/A
Jun-2005 0.101% N/A Jun-2005 25.933% N/A
Jul-2005 39.455% N/A Jul-2005 6,683.527% N/A
Aug-2005 46.418% N/A Aug-2005 5,823.244% N/A
Sep-2005 20.956% N/A Sep-2005 2,101.924% N/A
Oct-2005 0.064% N/A Oct-2005 5.363% N/A
Nov-2005 0.346% N/A Nov-2005 24.766% N/A
Dec-2005 3.315% N/A Dec-2005 207.563% 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