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
ACE SECURITIES CORP. HOME EQUITY LOAN TRUST
Asset Backed Pass-Through Certificates, Series 2005-HE6
(Exact name of registrant as specified in its charter)
New York (governing law of 333-123741-08
Pooling and Servicing Agreement) (Commission 54-2184212
(State or other File Number) 54-2184213
jurisdiction 54-2184217
of Incorporation) IRS EIN
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On December 27, 2005 a distribution was made to holders of ACE SECURITIES CORP
. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series
2005-HE6 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Asset Backed Pass-Through Certificates,
Series 2005-HE6 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.
ACE SECURITIES CORP. HOME EQUITY LOAN TRUST
Asset Backed Pass-Through Certificates, Series 2005-HE6 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Securities Administrator
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 12/31/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Asset Backed
Pass-Through Certificates, Series 2005-HE6 Trust,
relating to the December 27, 2005 distribution.
EX-99.1
ACE Securities Corporation
Asset Backed Pass-Through Certificates
Record Date: 11/30/2005
Distribution Date: 12/27/2005
ACE Securities Corporation
Asset Backed Pass-Through Certificates
Series ACE 2005-HE6
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>
A-1 004421SG9 4.45375% 510,875,481.81 2,022,499.27
A-2A 004421SH7 4.30375% 304,480,279.47 1,164,806.22
A-2B 004421SJ3 4.39375% 144,691,000.00 565,098.74
A-2C 004421SK0 4.46375% 104,177,000.00 413,351.19
A-2D 004421SL8 4.55375% 81,311,000.00 329,128.86
M-1 004421SM6 4.66375% 59,839,000.00 248,065.90
M-2 004421SN4 4.67375% 55,176,000.00 229,225.63
M-3 004421SP9 4.70375% 37,302,000.00 155,963.81
M-4 004421SQ7 4.78375% 26,422,000.00 112,352.22
M-5 004421SR5 4.83375% 27,200,000.00 116,869.33
M-6 004421SS3 4.88375% 23,314,000.00 101,208.66
M-7 004421ST1 5.39375% 24,091,000.00 115,502.96
M-8 004421SU8 5.59375% 17,874,000.00 88,873.50
M-9 004421SV6 5.94375% 17,874,000.00 94,434.30
M-10 004421SW4 7.19375% 12,434,000.00 79,508.52
M-11 004421SX2 7.19375% 15,543,000.00 99,388.85
B-1 004421SE4 7.19375% 25,645,000.00 163,985.53
B-2 004421SF1 7.19375% 15,543,000.00 99,388.85
P ACE05HE6P 0.00000% 100.00 257,261.61
CE ACE05H6CE 0.00000% 11,656,950.10 2,694,574.25
R-1 ACE05H6R1 0.00000% 0.00 0.00
Totals 1,515,448,811.38 9,151,488.20
Certificateholder Distribution Summary (continued)
Class Principal Current Ending Total Cummulative
Distribution Realized Certificate Distribution Realized
Loss Balance Losses
<s> <c> <c> <c> <c> <c>
A-1 7,800,085.26 0.00 503,075,396.55 9,822,584.53 0.00
A-2A 9,701,000.70 0.00 294,779,278.77 10,865,806.92 0.00
A-2B 0.00 0.00 144,691,000.00 565,098.74 0.00
A-2C 0.00 0.00 104,177,000.00 413,351.19 0.00
A-2D 0.00 0.00 81,311,000.00 329,128.86 0.00
M-1 0.00 0.00 59,839,000.00 248,065.90 0.00
M-2 0.00 0.00 55,176,000.00 229,225.63 0.00
M-3 0.00 0.00 37,302,000.00 155,963.81 0.00
M-4 0.00 0.00 26,422,000.00 112,352.22 0.00
M-5 0.00 0.00 27,200,000.00 116,869.33 0.00
M-6 0.00 0.00 23,314,000.00 101,208.66 0.00
M-7 0.00 0.00 24,091,000.00 115,502.96 0.00
M-8 0.00 0.00 17,874,000.00 88,873.50 0.00
M-9 0.00 0.00 17,874,000.00 94,434.30 0.00
M-10 0.00 0.00 12,434,000.00 79,508.52 0.00
M-11 0.00 0.00 15,543,000.00 99,388.85 0.00
B-1 0.00 0.00 25,645,000.00 163,985.53 0.00
B-2 0.00 0.00 15,543,000.00 99,388.85 0.00
P 0.00 0.00 100.00 257,261.61 0.00
CE 0.00 0.00 11,656,950.10 2,694,574.25 0.00
R-1 0.00 0.00 0.00 0.00 0.00
Totals 17,501,085.96 0.00 1,497,947,725.42 26,652,574.16 0.00
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>
A-1 531,329,000.00 510,875,481.81 0.00 7,800,085.26 0.00 0.00
A-2A 322,838,000.00 304,480,279.47 0.00 9,701,000.70 0.00 0.00
A-2B 144,691,000.00 144,691,000.00 0.00 0.00 0.00 0.00
A-2C 104,177,000.00 104,177,000.00 0.00 0.00 0.00 0.00
A-2D 81,311,000.00 81,311,000.00 0.00 0.00 0.00 0.00
M-1 59,839,000.00 59,839,000.00 0.00 0.00 0.00 0.00
M-2 55,176,000.00 55,176,000.00 0.00 0.00 0.00 0.00
M-3 37,302,000.00 37,302,000.00 0.00 0.00 0.00 0.00
M-4 26,422,000.00 26,422,000.00 0.00 0.00 0.00 0.00
M-5 27,200,000.00 27,200,000.00 0.00 0.00 0.00 0.00
M-6 23,314,000.00 23,314,000.00 0.00 0.00 0.00 0.00
M-7 24,091,000.00 24,091,000.00 0.00 0.00 0.00 0.00
M-8 17,874,000.00 17,874,000.00 0.00 0.00 0.00 0.00
M-9 17,874,000.00 17,874,000.00 0.00 0.00 0.00 0.00
M-10 12,434,000.00 12,434,000.00 0.00 0.00 0.00 0.00
M-11 15,543,000.00 15,543,000.00 0.00 0.00 0.00 0.00
B-1 25,645,000.00 25,645,000.00 0.00 0.00 0.00 0.00
B-2 15,543,000.00 15,543,000.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
CE 11,656,913.88 11,656,950.10 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
Totals 1,554,260,013.88 1,515,448,811.38 0.00 17,501,085.96 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>
A-1 7,800,085.26 503,075,396.55 0.946825 7,800,085.26
A-2A 9,701,000.70 294,779,278.77 0.913087 9,701,000.70
A-2B 0.00 144,691,000.00 1.000000 0.00
A-2C 0.00 104,177,000.00 1.000000 0.00
A-2D 0.00 81,311,000.00 1.000000 0.00
M-1 0.00 59,839,000.00 1.000000 0.00
M-2 0.00 55,176,000.00 1.000000 0.00
M-3 0.00 37,302,000.00 1.000000 0.00
M-4 0.00 26,422,000.00 1.000000 0.00
M-5 0.00 27,200,000.00 1.000000 0.00
M-6 0.00 23,314,000.00 1.000000 0.00
M-7 0.00 24,091,000.00 1.000000 0.00
M-8 0.00 17,874,000.00 1.000000 0.00
M-9 0.00 17,874,000.00 1.000000 0.00
M-10 0.00 12,434,000.00 1.000000 0.00
M-11 0.00 15,543,000.00 1.000000 0.00
B-1 0.00 25,645,000.00 1.000000 0.00
B-2 0.00 15,543,000.00 1.000000 0.00
P 0.00 100.00 1.000000 0.00
CE 0.00 11,656,950.10 1.000003 0.00
R-1 0.00 0.00 0.000000 0.00
Totals 17,501,085.96 1,497,947,725.42 0.963769 17,501,085.96
Principal Distribution Factors Statement
Class Original Beginning Scheduled UnScheduled Accretion
Face Certificate Principal Principal
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c>
A-1 531,329,000.00 961.504984 0.000000 14.680330 0.000000
A-2A 322,838,000.00 943.136432 0.000000 30.049129 0.000000
A-2B 144,691,000.00 1000.000000 0.000000 0.000000 0.000000
A-2C 104,177,000.00 1000.000000 0.000000 0.000000 0.000000
A-2D 81,311,000.00 1000.000000 0.000000 0.000000 0.000000
M-1 59,839,000.00 1000.000000 0.000000 0.000000 0.000000
M-2 55,176,000.00 1000.000000 0.000000 0.000000 0.000000
M-3 37,302,000.00 1000.000000 0.000000 0.000000 0.000000
M-4 26,422,000.00 1000.000000 0.000000 0.000000 0.000000
M-5 27,200,000.00 1000.000000 0.000000 0.000000 0.000000
M-6 23,314,000.00 1000.000000 0.000000 0.000000 0.000000
M-7 24,091,000.00 1000.000000 0.000000 0.000000 0.000000
M-8 17,874,000.00 1000.000000 0.000000 0.000000 0.000000
M-9 17,874,000.00 1000.000000 0.000000 0.000000 0.000000
M-10 12,434,000.00 1000.000000 0.000000 0.000000 0.000000
M-11 15,543,000.00 1000.000000 0.000000 0.000000 0.000000
B-1 25,645,000.00 1000.000000 0.000000 0.000000 0.000000
B-2 15,543,000.00 1000.000000 0.000000 0.000000 0.000000
P 100.00 1000.000000 0.000000 0.000000 0.000000
CE 11,656,913.88 1000.003107 0.000000 0.000000 0.000000
R-1 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>
A-1 0.000000 14.680330 946.824654 0.946825 14.680330
A-2A 0.000000 30.049129 913.087303 0.913087 30.049129
A-2B 0.000000 0.000000 1,000.000000 1.000000 0.000000
A-2C 0.000000 0.000000 1,000.000000 1.000000 0.000000
A-2D 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
M-11 0.000000 0.000000 1,000.000000 1.000000 0.000000
B-1 0.000000 0.000000 1,000.000000 1.000000 0.000000
B-2 0.000000 0.000000 1,000.000000 1.000000 0.000000
P 0.000000 0.000000 1,000.000000 1.000000 0.000000
CE 0.000000 0.000000 1,000.003107 1.000003 0.000000
R-1 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>
A-1 11/25/05 - 12/26/05 32 4.45375% 510,875,481.81 2,022,499.27 0.00
A-2A 11/25/05 - 12/26/05 32 4.30375% 304,480,279.47 1,164,806.22 0.00
A-2B 11/25/05 - 12/26/05 32 4.39375% 144,691,000.00 565,098.74 0.00
A-2C 11/25/05 - 12/26/05 32 4.46375% 104,177,000.00 413,351.19 0.00
A-2D 11/25/05 - 12/26/05 32 4.55375% 81,311,000.00 329,128.86 0.00
M-1 11/25/05 - 12/26/05 32 4.66375% 59,839,000.00 248,065.90 0.00
M-2 11/25/05 - 12/26/05 32 4.67375% 55,176,000.00 229,225.63 0.00
M-3 11/25/05 - 12/26/05 32 4.70375% 37,302,000.00 155,963.81 0.00
M-4 11/25/05 - 12/26/05 32 4.78375% 26,422,000.00 112,352.22 0.00
M-5 11/25/05 - 12/26/05 32 4.83375% 27,200,000.00 116,869.33 0.00
M-6 11/25/05 - 12/26/05 32 4.88375% 23,314,000.00 101,208.66 0.00
M-7 11/25/05 - 12/26/05 32 5.39375% 24,091,000.00 115,502.96 0.00
M-8 11/25/05 - 12/26/05 32 5.59375% 17,874,000.00 88,873.50 0.00
M-9 11/25/05 - 12/26/05 32 5.94375% 17,874,000.00 94,434.30 0.00
M-10 11/25/05 - 12/26/05 32 7.19375% 12,434,000.00 79,508.52 0.00
M-11 11/25/05 - 12/26/05 32 7.19375% 15,543,000.00 99,388.85 0.00
B-1 11/25/05 - 12/26/05 32 7.19375% 25,645,000.00 163,985.53 0.00
B-2 11/25/05 - 12/26/05 32 7.19375% 15,543,000.00 99,388.85 0.00
P N/A N/A 0.00000% 100.00 0.00 0.00
CE N/A N/A 0.00000% 0.00 0.00 0.00
R-1 N/A N/A 0.00000% 0.00 0.00 0.00
Totals 6,199,652.34 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>
A-1 0.00 0.00 2,022,499.27 0.00 503,075,396.55
A-2A 0.00 0.00 1,164,806.22 0.00 294,779,278.77
A-2B 0.00 0.00 565,098.74 0.00 144,691,000.00
A-2C 0.00 0.00 413,351.19 0.00 104,177,000.00
A-2D 0.00 0.00 329,128.86 0.00 81,311,000.00
M-1 0.00 0.00 248,065.90 0.00 59,839,000.00
M-2 0.00 0.00 229,225.63 0.00 55,176,000.00
M-3 0.00 0.00 155,963.81 0.00 37,302,000.00
M-4 0.00 0.00 112,352.22 0.00 26,422,000.00
M-5 0.00 0.00 116,869.33 0.00 27,200,000.00
M-6 0.00 0.00 101,208.66 0.00 23,314,000.00
M-7 0.00 0.00 115,502.96 0.00 24,091,000.00
M-8 0.00 0.00 88,873.50 0.00 17,874,000.00
M-9 0.00 0.00 94,434.30 0.00 17,874,000.00
M-10 0.00 0.00 79,508.52 0.00 12,434,000.00
M-11 0.00 0.00 99,388.85 0.00 15,543,000.00
B-1 0.00 0.00 163,985.53 0.00 25,645,000.00
B-2 0.00 0.00 99,388.85 0.00 15,543,000.00
P 0.00 0.00 257,261.61 0.00 100.00
CE 0.00 0.00 2,694,574.25 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 9,151,488.20 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>
A-1 11/25/05 - 12/26/05 531,329,000.00 4.45375% 961.504984 3.806491 0.000000
A-2A 11/25/05 - 12/26/05 322,838,000.00 4.30375% 943.136432 3.608021 0.000000
A-2B 11/25/05 - 12/26/05 144,691,000.00 4.39375% 1000.000000 3.905556 0.000000
A-2C 11/25/05 - 12/26/05 104,177,000.00 4.46375% 1000.000000 3.967778 0.000000
A-2D 11/25/05 - 12/26/05 81,311,000.00 4.55375% 1000.000000 4.047778 0.000000
M-1 11/25/05 - 12/26/05 59,839,000.00 4.66375% 1000.000000 4.145556 0.000000
M-2 11/25/05 - 12/26/05 55,176,000.00 4.67375% 1000.000000 4.154445 0.000000
M-3 11/25/05 - 12/26/05 37,302,000.00 4.70375% 1000.000000 4.181111 0.000000
M-4 11/25/05 - 12/26/05 26,422,000.00 4.78375% 1000.000000 4.252222 0.000000
M-5 11/25/05 - 12/26/05 27,200,000.00 4.83375% 1000.000000 4.296667 0.000000
M-6 11/25/05 - 12/26/05 23,314,000.00 4.88375% 1000.000000 4.341111 0.000000
M-7 11/25/05 - 12/26/05 24,091,000.00 5.39375% 1000.000000 4.794444 0.000000
M-8 11/25/05 - 12/26/05 17,874,000.00 5.59375% 1000.000000 4.972222 0.000000
M-9 11/25/05 - 12/26/05 17,874,000.00 5.94375% 1000.000000 5.283333 0.000000
M-10 11/25/05 - 12/26/05 12,434,000.00 7.19375% 1000.000000 6.394444 0.000000
M-11 11/25/05 - 12/26/05 15,543,000.00 7.19375% 1000.000000 6.394444 0.000000
B-1 11/25/05 - 12/26/05 25,645,000.00 7.19375% 1000.000000 6.394445 0.000000
B-2 11/25/05 - 12/26/05 15,543,000.00 7.19375% 1000.000000 6.394444 0.000000
P N/A 100.00 0.00000% 1000.000000 0.000000 0.000000
CE N/A 11,656,913.88 0.00000% 0.000000 0.000000 0.000000
R-1 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>
A-1 0.000000 0.000000 3.806491 0.000000 946.824654
A-2A 0.000000 0.000000 3.608021 0.000000 913.087303
A-2B 0.000000 0.000000 3.905556 0.000000 1000.000000
A-2C 0.000000 0.000000 3.967778 0.000000 1000.000000
A-2D 0.000000 0.000000 4.047778 0.000000 1000.000000
M-1 0.000000 0.000000 4.145556 0.000000 1000.000000
M-2 0.000000 0.000000 4.154445 0.000000 1000.000000
M-3 0.000000 0.000000 4.181111 0.000000 1000.000000
M-4 0.000000 0.000000 4.252222 0.000000 1000.000000
M-5 0.000000 0.000000 4.296667 0.000000 1000.000000
M-6 0.000000 0.000000 4.341111 0.000000 1000.000000
M-7 0.000000 0.000000 4.794444 0.000000 1000.000000
M-8 0.000000 0.000000 4.972222 0.000000 1000.000000
M-9 0.000000 0.000000 5.283333 0.000000 1000.000000
M-10 0.000000 0.000000 6.394444 0.000000 1000.000000
M-11 0.000000 0.000000 6.394444 0.000000 1000.000000
B-1 0.000000 0.000000 6.394445 0.000000 1000.000000
B-2 0.000000 0.000000 6.394444 0.000000 1000.000000
P 0.000000 0.000000 2572616.100000 0.000000 1000.000000
CE 0.000000 0.000000 231.156743 0.000000 0.000000
R-1 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 26,221,594.98
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 1,062,647.81
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 257,261.61
Swap/Cap Payments 0.00
Total Deposits 27,541,504.40
Withdrawals
Swap Payments 0.00
Reserve Funds and Credit Enhancements 0.00
Reimbursement for Servicer Advances 236,655.82
Total Administration Fees 652,274.42
Payment of Interest and Principal 26,652,574.16
Total Withdrawals (Pool Distribution Amount) 27,541,504.40
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* 631,437.00
Credit Risk Manager Fee: Murrayhill 17,680.23
Master Servicing Fee: Wells Fargo 3,157.19
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 652,274.42
<FN>
*Servicer Payees include: FREMONT INVESTMENT AND LOAN; OCWEN FEDERAL BANK FSB
</FN>
Reserve Accounts
Account Name Beginning Current Withdrawals Current Deposits Ending Balance
Balance
<s> <c> <c> <c> <c>
Reserve Fund 0.00 35,784.80 35,784.80 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.317821%
Weighted Average Net Coupon 6.817821%
Weighted Average Pass-Through Rate 6.801321%
Weighted Average Remaining Term 350
Beginning Scheduled Collateral Loan Count 7,861
Number Of Loans Paid In Full 78
Ending Scheduled Collateral Loan Count 7,783
Beginning Scheduled Collateral Balance 1,515,448,811.39
Ending Scheduled Collateral Balance 1,497,947,725.43
Ending Actual Collateral Balance at 30-Nov-2005 1,498,821,802.49
Monthly P&I Constant 10,049,416.35
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 257,261.61
Prepayment Penalty Paid Count 46
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 807,930.52
Unscheduled Principal 16,693,155.44
Required Overcollateralized Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized Reduction Amount 0.00
Specified O/C Amount 11,656,950.10
Overcollateralized Amount 11,656,950.10
Overcollateralized Deficiency Amount 0.00
Base Overcollateralization Amount 0.00
Credit Enhancement Percentage: 22.886501914%
Supplemental Trust Payment in respect of the Swap Agreement: $318,231.31
Group Level Collateral Statement
<s> <c> <c>
Group Gr I Sub-Gr 1 Gr 1 Sub-Gr 2 Gr 2 Sub-Gr 3
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM
Weighted Average Coupon Rate 7.964835 7.325709 8.987110
Weighted Average Net Rate 7.464835 6.825709 8.487110
Weighted Average Remaining Term 328 356 300
Beginning Loan Count 1,163 3,273 1,265
Loans Paid In Full 3 38 14
Ending Loan Count 1,160 3,235 1,251
Beginning Scheduled Balance 99,017,357.26 577,811,091.42 121,351,818.94
Ending Scheduled Balance 98,701,877.37 570,326,486.05 120,114,734.08
Record Date 11/30/2005 11/30/2005 11/30/2005
Principal And Interest Constant 739,355.29 3,853,385.63 991,810.09
Scheduled Principal 82,141.16 325,989.21 82,975.00
Unscheduled Principal 233,338.73 7,158,616.16 1,154,109.86
Scheduled Interest 657,214.13 3,527,396.42 908,835.09
Servicing Fee 41,257.23 240,754.62 50,563.26
Master Servicing Fee 206.29 1,203.77 252.82
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 1,155.20 6,741.13 1,415.77
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 614,595.41 3,278,696.90 856,603.24
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000 0.0000
Prepayment Penalty Waived Amount 0.00 0.00 0.00
Prepayment Penalty Waived Count 0 0 0
Prepayment Penalty Paid Amount Not Available Not Available Not Available
Prepayment Penalty Paid Count Not Available Not Available Not Available
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 7.448335 6.809209 8.470610
<FN>
</FN>
Group Level Collateral Statement
<s> <c> <c>
Group Gr 2 Sub-Gr 4 Total
Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 6.939727 7.317821
Weighted Average Net Rate 6.439727 6.817821
Weighted Average Remaining Term 356 350
Beginning Loan Count 2,160 7,861
Loans Paid In Full 23 78
Ending Loan Count 2,137 7,783
Beginning Scheduled Balance 717,268,543.77 1,515,448,811.39
Ending scheduled Balance 708,804,627.93 1,497,947,725.43
Record Date 11/30/2005 11/30/2005
Principal And Interest Constant 4,464,865.34 10,049,416.35
Scheduled Principal 316,825.15 807,930.52
Unscheduled Principal 8,147,090.69 16,693,155.44
Scheduled Interest 4,148,040.19 9,241,485.83
Servicing Fee 298,861.89 631,437.00
Master Servicing Fee 1,494.31 3,157.19
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 8,368.13 17,680.23
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 3,839,315.86 8,589,211.41
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 Not Available 257261.61
Prepayment Penalty Paid Count Not Available 46
Special Servicing Fee 0.00 0.00
Pass-Through Rate 6.423227 6.801321
<FN>
</FN>
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 163 0 0 0 163
27,641,538.23 0.00 0.00 0.00 27,641,538.23
60 Days 99 0 0 0 99
17,386,463.37 0.00 0.00 0.00 17,386,463.37
90 Days 34 0 0 0 34
6,230,219.88 0.00 0.00 0.00 6,230,219.88
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 296 0 0 0 296
51,258,221.48 0.00 0.00 0.00 51,258,221.48
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 2.094308% 0.000000% 0.000000% 0.000000% 2.094308%
1.844218% 0.000000% 0.000000% 0.000000% 1.844218%
60 Days 1.272003% 0.000000% 0.000000% 0.000000% 1.272003%
1.160009% 0.000000% 0.000000% 0.000000% 1.160009%
90 Days 0.436850% 0.000000% 0.000000% 0.000000% 0.436850%
0.415674% 0.000000% 0.000000% 0.000000% 0.415674%
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 3.803161% 0.000000% 0.000000% 0.000000% 3.803161%
3.419901% 0.000000% 0.000000% 0.000000% 3.419901%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 1,062,647.81
Delinquency Status By Group
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr I Sub-Gr 1
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 27 0 0 0 27
1,398,828.14 0.00 0.00 0.00 1,398,828.14
60 Days 10 0 0 0 10
760,591.68 0.00 0.00 0.00 760,591.68
90 Days 6 0 0 0 6
173,880.00 0.00 0.00 0.00 173,880.00
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 43 0 0 0 43
2,333,299.82 0.00 0.00 0.00 2,333,299.82
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 2.327586% 0.000000% 0.000000% 0.000000% 2.327586%
1.416052% 0.000000% 0.000000% 0.000000% 1.416052%
60 Days 0.862069% 0.000000% 0.000000% 0.000000% 0.862069%
0.769957% 0.000000% 0.000000% 0.000000% 0.769957%
90 Days 0.517241% 0.000000% 0.000000% 0.000000% 0.517241%
0.176021% 0.000000% 0.000000% 0.000000% 0.176021%
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 3.706897% 0.000000% 0.000000% 0.000000% 3.706897%
2.362030% 0.000000% 0.000000% 0.000000% 2.362030%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr 1 Sub-Gr 2
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 85 0 0 0 85
13,021,365.98 0.00 0.00 0.00 13,021,365.98
60 Days 41 0 0 0 41
6,371,114.50 0.00 0.00 0.00 6,371,114.50
90 Days 17 0 0 0 17
2,489,946.29 0.00 0.00 0.00 2,489,946.29
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 143 0 0 0 143
21,882,426.77 0.00 0.00 0.00 21,882,426.77
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 2.627512% 0.000000% 0.000000% 0.000000% 2.627512%
2.281699% 0.000000% 0.000000% 0.000000% 2.281699%
60 Days 1.267388% 0.000000% 0.000000% 0.000000% 1.267388%
1.116393% 0.000000% 0.000000% 0.000000% 1.116393%
90 Days 0.525502% 0.000000% 0.000000% 0.000000% 0.525502%
0.436307% 0.000000% 0.000000% 0.000000% 0.436307%
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 4.420402% 0.000000% 0.000000% 0.000000% 4.420402%
3.834399% 0.000000% 0.000000% 0.000000% 3.834399%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr 2 Sub-Gr 3
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 16 0 0 0 16
1,332,252.28 0.00 0.00 0.00 1,332,252.28
60 Days 16 0 0 0 16
1,365,358.71 0.00 0.00 0.00 1,365,358.71
90 Days 2 0 0 0 2
69,473.59 0.00 0.00 0.00 69,473.59
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 34 0 0 0 34
2,767,084.58 0.00 0.00 0.00 2,767,084.58
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.278977% 0.000000% 0.000000% 0.000000% 1.278977%
1.108382% 0.000000% 0.000000% 0.000000% 1.108382%
60 Days 1.278977% 0.000000% 0.000000% 0.000000% 1.278977%
1.135925% 0.000000% 0.000000% 0.000000% 1.135925%
90 Days 0.159872% 0.000000% 0.000000% 0.000000% 0.159872%
0.057799% 0.000000% 0.000000% 0.000000% 0.057799%
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 2.717826% 0.000000% 0.000000% 0.000000% 2.717826%
2.302107% 0.000000% 0.000000% 0.000000% 2.302107%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr 2 Sub-Gr 4
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 35 0 0 0 35
11,889,091.83 0.00 0.00 0.00 11,889,091.83
60 Days 32 0 0 0 32
8,889,398.48 0.00 0.00 0.00 8,889,398.48
90 Days 9 0 0 0 9
3,496,920.00 0.00 0.00 0.00 3,496,920.00
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 76 0 0 0 76
24,275,410.31 0.00 0.00 0.00 24,275,410.31
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.637810% 0.000000% 0.000000% 0.000000% 1.637810%
1.676520% 0.000000% 0.000000% 0.000000% 1.676520%
60 Days 1.497426% 0.000000% 0.000000% 0.000000% 1.497426%
1.253523% 0.000000% 0.000000% 0.000000% 1.253523%
90 Days 0.421151% 0.000000% 0.000000% 0.000000% 0.421151%
0.493112% 0.000000% 0.000000% 0.000000% 0.493112%
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 3.556387% 0.000000% 0.000000% 0.000000% 3.556387%
3.423156% 0.000000% 0.000000% 0.000000% 3.423156%
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.
Gr I Sub-Gr 1 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.
Gr 1 Sub-Gr 2 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.
Gr 2 Sub-Gr 3 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.
Gr 2 Sub-Gr 4 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.
Gr I Sub-Gr 1 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.
Gr 1 Sub-Gr 2 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.
Gr 2 Sub-Gr 3 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.
Gr 2 Sub-Gr 4 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.
Gr I Sub-Gr 1 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.
Gr 1 Sub-Gr 2 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.
Gr 2 Sub-Gr 3 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.
Gr 2 Sub-Gr 4 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>
Gr I Sub-Gr 1 0 0.00 0.00 0.000%
Gr 1 Sub-Gr 2 0 0.00 0.00 0.000%
Gr 2 Sub-Gr 3 0 0.00 0.00 0.000%
Gr 2 Sub-Gr 4 0 0.00 0.00 0.000%
Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period
Original Current
Loan Principal Note LTV at Original
Group Number Balance Rate State Origination Term
<s> <c> <c> <c> <c> <c> <c>
No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued)
Prior Cumulative
Loan Principal Realized Realized
Group Number Balance Loss/(Gain) Loss/(Gain)
<s> <c> <c> <c> <c>
No losses this period.
Realized Loss Report - Collateral
Summary
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
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.
Gr I Sub-Gr 1
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
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.
Gr 1 Sub-Gr 2
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
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.
Gr 2 Sub-Gr 3
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
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.
Gr 2 Sub-Gr 4
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
MDR: Current vs 12mo Average* SDA: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
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>
Gr I Sub-Gr 1 3 231,700.00 230,404.33 0 0.00 0.00
Gr 1 Sub-Gr 2 38 7,167,070.00 7,151,186.47 0 0.00 0.00
Gr 2 Sub-Gr 3 14 1,157,198.00 1,155,262.47 0 0.00 0.00
Gr 2 Sub-Gr 4 23 8,145,804.00 8,137,676.20 0 0.00 0.00
Total 78 16,701,772.00 16,674,529.47 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>
Gr I Sub-Gr 1 0 0.00 0.00 0 0.00 0.00 3,177.90
Gr 1 Sub-Gr 2 0 0.00 0.00 0 0.00 0.00 11,392.86
Gr 2 Sub-Gr 3 0 0.00 0.00 0 0.00 0.00 (644.57)
Gr 2 Sub-Gr 4 0 0.00 0.00 0 0.00 0.00 11,523.12
Total 0 0.00 0.00 0 0.00 0.00 25,449.31
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>
Gr I Sub-Gr 1 0110799894 CA 90.00 01-Sep-2005 16,500.00 16,362.69
Gr I Sub-Gr 1 0110804397 TN 100.00 01-Aug-2005 53,200.00 53,020.71
Gr I Sub-Gr 1 0110805248 MD 73.64 01-Jul-2005 162,000.00 160,777.43
Gr 1 Sub-Gr 2 0110558532 CA 85.00 01-Aug-2005 139,400.00 139,400.00
Gr 1 Sub-Gr 2 0110558576 CA 58.54 01-Aug-2005 120,000.00 119,693.89
Gr 1 Sub-Gr 2 0110558582 CA 65.00 01-Jul-2005 154,700.00 154,182.31
Gr 1 Sub-Gr 2 0110558587 SC 90.00 01-Aug-2005 269,370.00 269,370.00
Gr 1 Sub-Gr 2 0110572492 CA 80.00 01-Aug-2005 352,000.00 352,000.00
Gr 1 Sub-Gr 2 0110575008 NC 90.00 01-Aug-2005 135,900.00 135,900.00
Gr 1 Sub-Gr 2 0110575315 VA 89.92 01-Aug-2005 119,600.00 119,168.16
Gr 1 Sub-Gr 2 0110575487 CA 67.74 01-Aug-2005 210,000.00 209,285.98
Gr 1 Sub-Gr 2 0110582880 FL 49.43 01-Aug-2005 215,000.00 213,880.65
Gr 1 Sub-Gr 2 0110593424 CA 42.00 01-Aug-2005 210,000.00 209,321.18
Gr 1 Sub-Gr 2 0110758690 CA 80.00 01-Sep-2005 264,000.00 263,282.88
Gr 1 Sub-Gr 2 0110776836 FL 80.00 01-Sep-2005 168,000.00 167,580.05
Gr 1 Sub-Gr 2 0110783434 FL 87.63 01-Sep-2005 170,000.00 169,612.53
Gr 1 Sub-Gr 2 0110783436 AZ 84.60 01-Sep-2005 206,000.00 205,233.94
Gr 1 Sub-Gr 2 0110799470 NJ 64.81 01-Aug-2005 245,000.00 244,609.54
Gr 1 Sub-Gr 2 0110799763 NJ 81.29 01-Jun-2005 126,000.00 125,332.97
Gr 1 Sub-Gr 2 0110800005 CA 90.00 01-Aug-2005 229,500.00 228,481.28
Gr 1 Sub-Gr 2 0110800396 WA 80.00 01-Aug-2005 115,200.00 114,827.61
Gr 1 Sub-Gr 2 0110800531 GA 62.26 01-Jul-2005 165,000.00 164,215.90
Gr 1 Sub-Gr 2 0110800863 MO 71.43 01-Sep-2005 75,000.00 74,820.04
Gr 1 Sub-Gr 2 0110801030 MD 65.09 01-Aug-2005 220,000.00 219,023.43
Gr 1 Sub-Gr 2 0110801788 FL 85.00 01-Jun-2005 178,500.00 177,564.38
Gr 1 Sub-Gr 2 0110802416 MN 80.00 01-Aug-2005 292,000.00 292,000.00
Gr 1 Sub-Gr 2 0110803159 CA 85.00 01-Sep-2005 208,250.00 208,250.00
Gr 1 Sub-Gr 2 0110803195 AZ 70.00 01-Sep-2005 166,600.00 166,125.06
Gr 1 Sub-Gr 2 0110803598 CA 47.04 01-Sep-2005 294,000.00 293,118.98
Gr 1 Sub-Gr 2 0110803629 CA 80.00 01-Aug-2005 320,000.00 319,994.50
Gr 1 Sub-Gr 2 0110803791 NJ 90.00 01-Aug-2005 225,000.00 224,102.91
Gr 1 Sub-Gr 2 0110804014 VA 85.00 01-Aug-2005 221,000.00 220,233.36
Gr 1 Sub-Gr 2 0110804647 MD 82.39 01-Aug-2005 145,000.00 144,491.91
Gr 1 Sub-Gr 2 0110804696 IL 85.00 01-Aug-2005 182,750.00 182,153.26
Gr 1 Sub-Gr 2 0110804744 TN 80.00 01-Aug-2005 212,800.00 211,902.56
Gr 1 Sub-Gr 2 0110805039 NH 69.49 01-Aug-2005 189,000.00 187,975.42
Gr 1 Sub-Gr 2 0110805051 OH 90.00 01-Aug-2005 63,000.00 62,884.39
Gr 1 Sub-Gr 2 0110805071 TN 83.72 01-Aug-2005 72,000.00 71,791.97
Gr 1 Sub-Gr 2 0110805212 AZ 90.00 01-Jul-2005 67,500.00 67,193.38
Gr 1 Sub-Gr 2 0110805282 AZ 69.47 01-Aug-2005 132,000.00 131,284.42
Gr 1 Sub-Gr 2 0110805386 IL 90.00 01-Jul-2005 288,000.00 286,934.46
Gr 2 Sub-Gr 3 0110558527 CA 100.00 01-Aug-2005 92,000.00 91,786.40
Gr 2 Sub-Gr 3 0110572470 CA 100.00 01-Aug-2005 131,000.00 130,759.53
Gr 2 Sub-Gr 3 0110575230 CA 100.00 01-Aug-2005 97,000.00 96,823.49
Gr 2 Sub-Gr 3 0110785577 CA 100.00 01-Aug-2005 36,998.00 36,927.63
Gr 2 Sub-Gr 3 0110799409 MA 95.00 01-Sep-2005 79,500.00 79,349.02
Gr 2 Sub-Gr 3 0110799811 FL 100.00 01-Aug-2005 75,400.00 75,230.03
Gr 2 Sub-Gr 3 0110800615 MD 100.00 01-Sep-2005 102,000.00 101,856.44
Gr 2 Sub-Gr 3 0110802148 TX 100.00 01-Aug-2005 73,900.00 73,733.43
Gr 2 Sub-Gr 3 0110802393 MN 100.00 01-Aug-2005 73,000.00 72,826.15
Gr 2 Sub-Gr 3 0110802789 NV 100.00 01-Aug-2005 117,000.00 116,722.55
Gr 2 Sub-Gr 3 0110803623 CA 100.00 01-Aug-2005 80,000.00 79,756.23
Gr 2 Sub-Gr 3 0110803862 AZ 100.00 01-Aug-2005 71,000.00 70,859.30
Gr 2 Sub-Gr 3 0110803890 CA 100.00 01-Sep-2005 75,000.00 74,857.57
Gr 2 Sub-Gr 3 0110804402 CA 100.00 01-Aug-2005 53,400.00 53,266.66
Gr 2 Sub-Gr 4 0110557491 NV 90.00 01-Jul-2005 571,500.00 571,500.00
Gr 2 Sub-Gr 4 0110558489 CA 94.02 01-Aug-2005 456,000.00 456,000.00
Gr 2 Sub-Gr 4 0110558528 CA 80.00 01-Aug-2005 368,000.00 368,000.00
Gr 2 Sub-Gr 4 0110572520 CA 80.00 01-Aug-2005 524,000.00 524,000.00
Gr 2 Sub-Gr 4 0110575506 CA 80.00 01-Aug-2005 388,000.00 388,000.00
Gr 2 Sub-Gr 4 0110584355 FL 95.00 01-Aug-2005 427,500.00 427,500.00
Gr 2 Sub-Gr 4 0110785617 CA 80.00 01-Aug-2005 147,992.00 147,990.19
Gr 2 Sub-Gr 4 0110799307 NJ 85.00 01-Aug-2005 191,250.00 190,559.43
Gr 2 Sub-Gr 4 0110799609 NJ 100.00 01-Aug-2005 410,000.00 408,909.43
Gr 2 Sub-Gr 4 0110800642 MD 80.00 01-Sep-2005 408,000.00 406,752.89
Gr 2 Sub-Gr 4 0110802133 WI 80.00 01-Aug-2005 196,000.00 195,366.40
Gr 2 Sub-Gr 4 0110802158 TX 80.00 01-Aug-2005 295,600.00 294,489.30
Gr 2 Sub-Gr 4 0110802793 NV 80.00 01-Aug-2005 468,000.00 466,223.99
Gr 2 Sub-Gr 4 0110803867 AZ 80.00 01-Aug-2005 284,000.00 282,819.13
Gr 2 Sub-Gr 4 0110803903 CA 80.00 01-Sep-2005 300,000.00 299,999.99
Gr 2 Sub-Gr 4 0110804338 FL 89.62 01-Jun-2005 427,500.00 427,500.00
Gr 2 Sub-Gr 4 0110804766 CA 80.00 01-Aug-2005 213,600.00 213,525.35
Gr 2 Sub-Gr 4 0110804772 TX 90.00 01-Aug-2005 65,700.00 65,532.39
Gr 2 Sub-Gr 4 0110804855 AZ 63.16 01-Aug-2005 180,000.00 179,021.42
Gr 2 Sub-Gr 4 0110804873 MI 95.00 01-Aug-2005 442,662.00 442,662.00
Gr 2 Sub-Gr 4 0110805181 MI 78.54 01-Aug-2005 377,000.00 375,715.66
Gr 2 Sub-Gr 4 0110805317 NJ 80.00 01-Aug-2005 500,000.00 500,000.00
Gr 2 Sub-Gr 4 0110813186 AZ 95.00 01-Sep-2005 503,500.00 503,500.00
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>
Gr I Sub-Gr 1 0110799894 Loan Paid in Full 0 11.750% 180 3
Gr I Sub-Gr 1 0110804397 Loan Paid in Full (1) 9.650% 180 4
Gr I Sub-Gr 1 0110805248 Loan Paid in Full 0 5.500% 360 5
Gr 1 Sub-Gr 2 0110558532 Loan Paid in Full 0 6.780% 360 4
Gr 1 Sub-Gr 2 0110558576 Loan Paid in Full 0 9.450% 360 4
Gr 1 Sub-Gr 2 0110558582 Loan Paid in Full 0 8.990% 360 5
Gr 1 Sub-Gr 2 0110558587 Loan Paid in Full 0 7.650% 360 4
Gr 1 Sub-Gr 2 0110572492 Loan Paid in Full 0 7.900% 360 4
Gr 1 Sub-Gr 2 0110575008 Loan Paid in Full 0 7.450% 360 4
Gr 1 Sub-Gr 2 0110575315 Loan Paid in Full 0 7.700% 360 4
Gr 1 Sub-Gr 2 0110575487 Loan Paid in Full 0 8.000% 360 4
Gr 1 Sub-Gr 2 0110582880 Loan Paid in Full 0 6.975% 360 4
Gr 1 Sub-Gr 2 0110593424 Loan Paid in Full 0 8.250% 360 4
Gr 1 Sub-Gr 2 0110758690 Loan Paid in Full 0 7.990% 360 3
Gr 1 Sub-Gr 2 0110776836 Loan Paid in Full 0 8.400% 360 3
Gr 1 Sub-Gr 2 0110783434 Loan Paid in Full 0 8.850% 360 3
Gr 1 Sub-Gr 2 0110783436 Loan Paid in Full 0 6.400% 360 3
Gr 1 Sub-Gr 2 0110799470 Loan Paid in Full 0 11.600% 360 4
Gr 1 Sub-Gr 2 0110799763 Loan Paid in Full 0 7.500% 360 6
Gr 1 Sub-Gr 2 0110800005 Loan Paid in Full 0 6.650% 360 4
Gr 1 Sub-Gr 2 0110800396 Loan Paid in Full 0 8.250% 360 4
Gr 1 Sub-Gr 2 0110800531 Loan Paid in Full 0 7.250% 360 5
Gr 1 Sub-Gr 2 0110800863 Loan Paid in Full (1) 8.600% 360 3
Gr 1 Sub-Gr 2 0110801030 Loan Paid in Full 0 6.650% 360 4
Gr 1 Sub-Gr 2 0110801788 Loan Paid in Full 1 7.550% 360 6
Gr 1 Sub-Gr 2 0110802416 Loan Paid in Full 0 6.990% 360 4
Gr 1 Sub-Gr 2 0110803159 Loan Paid in Full 0 6.450% 360 3
Gr 1 Sub-Gr 2 0110803195 Loan Paid in Full 0 7.750% 360 3
Gr 1 Sub-Gr 2 0110803598 Loan Paid in Full (1) 7.500% 360 3
Gr 1 Sub-Gr 2 0110803629 Loan Paid in Full 0 6.275% 360 4
Gr 1 Sub-Gr 2 0110803791 Loan Paid in Full 0 7.200% 360 4
Gr 1 Sub-Gr 2 0110804014 Loan Paid in Full 0 7.900% 360 4
Gr 1 Sub-Gr 2 0110804647 Loan Paid in Full 0 7.850% 360 4
Gr 1 Sub-Gr 2 0110804696 Loan Paid in Full 0 8.200% 360 4
Gr 1 Sub-Gr 2 0110804744 Loan Paid in Full (1) 7.350% 360 4
Gr 1 Sub-Gr 2 0110805039 Loan Paid in Full 0 5.600% 360 4
Gr 1 Sub-Gr 2 0110805051 Loan Paid in Full 0 10.950% 360 4
Gr 1 Sub-Gr 2 0110805071 Loan Paid in Full 0 8.800% 360 4
Gr 1 Sub-Gr 2 0110805212 Loan Paid in Full 0 8.200% 360 5
Gr 1 Sub-Gr 2 0110805282 Loan Paid in Full 0 5.600% 360 4
Gr 1 Sub-Gr 2 0110805386 Loan Paid in Full 0 8.500% 360 5
Gr 2 Sub-Gr 3 0110558527 Loan Paid in Full 0 9.850% 180 4
Gr 2 Sub-Gr 3 0110572470 Loan Paid in Full 0 10.950% 360 4
Gr 2 Sub-Gr 3 0110575230 Loan Paid in Full 0 10.990% 180 4
Gr 2 Sub-Gr 3 0110785577 Loan Paid in Full 0 10.875% 180 4
Gr 2 Sub-Gr 3 0110799409 Loan Paid in Full 0 9.725% 360 3
Gr 2 Sub-Gr 3 0110799811 Loan Paid in Full 0 9.990% 360 4
Gr 2 Sub-Gr 3 0110800615 Loan Paid in Full 0 11.125% 360 3
Gr 2 Sub-Gr 3 0110802148 Loan Paid in Full 0 9.990% 360 4
Gr 2 Sub-Gr 3 0110802393 Loan Paid in Full 0 9.730% 360 4
Gr 2 Sub-Gr 3 0110802789 Loan Paid in Full 0 9.750% 360 4
Gr 2 Sub-Gr 3 0110803623 Loan Paid in Full 0 8.990% 360 4
Gr 2 Sub-Gr 3 0110803862 Loan Paid in Full 0 10.625% 360 4
Gr 2 Sub-Gr 3 0110803890 Loan Paid in Full 0 9.725% 360 3
Gr 2 Sub-Gr 3 0110804402 Loan Paid in Full 0 10.750% 180 4
Gr 2 Sub-Gr 4 0110557491 Loan Paid in Full 0 6.625% 360 5
Gr 2 Sub-Gr 4 0110558489 Loan Paid in Full 0 7.950% 360 4
Gr 2 Sub-Gr 4 0110558528 Loan Paid in Full 0 7.250% 360 4
Gr 2 Sub-Gr 4 0110572520 Loan Paid in Full 0 7.750% 360 4
Gr 2 Sub-Gr 4 0110575506 Loan Paid in Full 0 6.600% 360 4
Gr 2 Sub-Gr 4 0110584355 Loan Paid in Full 0 7.600% 360 4
Gr 2 Sub-Gr 4 0110785617 Loan Paid in Full 0 7.125% 360 4
Gr 2 Sub-Gr 4 0110799307 Loan Paid in Full 0 7.700% 360 4
Gr 2 Sub-Gr 4 0110799609 Loan Paid in Full 0 9.200% 360 4
Gr 2 Sub-Gr 4 0110800642 Loan Paid in Full 0 7.400% 360 3
Gr 2 Sub-Gr 4 0110802133 Loan Paid in Full 0 8.250% 360 4
Gr 2 Sub-Gr 4 0110802158 Loan Paid in Full 0 7.500% 360 4
Gr 2 Sub-Gr 4 0110802793 Loan Paid in Full 0 7.450% 360 4
Gr 2 Sub-Gr 4 0110803867 Loan Paid in Full 0 6.990% 360 4
Gr 2 Sub-Gr 4 0110803903 Loan Paid in Full 0 6.550% 360 3
Gr 2 Sub-Gr 4 0110804338 Loan Paid in Full 0 7.450% 360 6
Gr 2 Sub-Gr 4 0110804766 Loan Paid in Full 0 6.990% 360 4
Gr 2 Sub-Gr 4 0110804772 Loan Paid in Full 0 9.400% 360 4
Gr 2 Sub-Gr 4 0110804855 Loan Paid in Full 0 5.900% 360 4
Gr 2 Sub-Gr 4 0110804873 Loan Paid in Full 0 7.950% 360 4
Gr 2 Sub-Gr 4 0110805181 Loan Paid in Full 0 7.990% 360 4
Gr 2 Sub-Gr 4 0110805317 Loan Paid in Full 0 5.900% 360 4
Gr 2 Sub-Gr 4 0110813186 Loan Paid in Full 0 8.150% 360 3
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.102% Current Month 12.452% Current Month 1,636.699%
3 Month Average 1.170% 3 Month Average 13.172% 3 Month Average 2,590.723%
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 13.363% N/A Oct-2005 3,694.559% N/A
Nov-2005 13.699% N/A Nov-2005 2,440.910% N/A
Dec-2005 12.452% N/A Dec-2005 1,636.699% 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.
Gr I Sub-Gr 1
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.236% Current Month 2.794% Current Month 375.123%
3 Month Average 0.703% 3 Month Average 7.934% 3 Month Average 1,575.416%
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 4.771% N/A Oct-2005 1,372.704% N/A
Nov-2005 16.238% N/A Nov-2005 2,978.419% N/A
Dec-2005 2.794% N/A Dec-2005 375.123% 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.
Gr 1 Sub-Gr 2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.240% Current Month 13.902% Current Month 1,809.941%
3 Month Average 1.413% 3 Month Average 15.633% 3 Month Average 2,935.025%
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 12.534% N/A Oct-2005 3,395.107% N/A
Nov-2005 20.462% N/A Nov-2005 3,600.028% N/A
Dec-2005 13.902% N/A Dec-2005 1,809.941% 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.
Gr 2 Sub-Gr 3
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.952% Current Month 10.841% Current Month 1,451.044%
3 Month Average 0.786% 3 Month Average 9.022% 3 Month Average 1,751.349%
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 7.962% N/A Oct-2005 2,293.221% N/A
Nov-2005 8.262% N/A Nov-2005 1,509.784% N/A
Dec-2005 10.841% N/A Dec-2005 1,451.044% 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.
Gr 2 Sub-Gr 4
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.136% Current Month 12.815% Current Month 1,687.249%
3 Month Average 1.102% 3 Month Average 12.398% 3 Month Average 2,542.909%
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 16.010% N/A Oct-2005 4,447.126% N/A
Nov-2005 8.369% N/A Nov-2005 1,494.352% N/A
Dec-2005 12.815% N/A Dec-2005 1,687.249% 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>