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-HE7
(Exact name of registrant as specified in its charter)
New York (governing law of 333-123741-11 54-2186766
Pooling and Servicing Agreement) (Commission 54-2186767
(State or other File Number) 54-2186768
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 ACE SECURITIES
CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series
2005-HE7 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-HE7 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-HE7 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Securities Administrator
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 1/4/2006
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Asset Backed
Pass-Through Certificates, Series 2005-HE7 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-HE7
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-1A 004421TV5 4.44000% 572,103,000.00 2,046,221.73
A-1B1 004421TW3 4.45000% 124,168,000.00 445,107.79
A-1B2 004421TX1 4.50000% 31,042,000.00 112,527.25
A-2A 004421TY9 4.30000% 314,093,000.00 1,087,983.25
A-2B 004421TZ6 4.38000% 145,702,000.00 514,085.22
A-2C 004421UA9 4.53000% 97,005,000.00 347,735.98
A-2D 004421UB7 4.53000% 79,376,000.00 289,656.25
M-1 004421UC5 4.64000% 69,208,000.00 258,684.12
M-2 004421UD3 4.66000% 62,916,000.00 236,179.67
M-3 004421UE1 4.68000% 44,940,000.00 169,423.80
M-4 004421UF8 4.82000% 32,357,000.00 125,635.04
M-5 004421UG6 4.90000% 30,559,000.00 120,623.16
M-6 004421UH4 5.00000% 26,964,000.00 108,605.00
M-7 004421UJ0 5.80000% 28,762,000.00 134,382.46
M-8 004421UK7 5.90000% 21,571,000.00 102,522.17
M-9 004421UL5 6.70000% 19,774,000.00 106,724.67
M-10 004421UM3 6.70000% 18,875,000.00 101,872.57
M-11 004421UN1 6.70000% 17,976,000.00 97,020.47
CE ACE05H7CE 0.00000% 60,220,369.00 3,132,091.15
R-1 ACE05H7R1 0.00000% 0.00 0.00
P ACE05HE7P 0.00000% 100.00 134,694.20
Totals 1,797,611,469.00 9,671,775.95
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-1A 8,996,510.80 0.00 563,106,489.20 11,042,732.53 0.00
A-1B1 1,142,214.57 0.00 123,025,785.43 1,587,322.36 0.00
A-1B2 285,553.64 0.00 30,756,446.36 398,080.89 0.00
A-2A 11,205,571.94 0.00 302,887,428.06 12,293,555.19 0.00
A-2B 0.00 0.00 145,702,000.00 514,085.22 0.00
A-2C 0.00 0.00 97,005,000.00 347,735.98 0.00
A-2D 0.00 0.00 79,376,000.00 289,656.25 0.00
M-1 0.00 0.00 69,208,000.00 258,684.12 0.00
M-2 0.00 0.00 62,916,000.00 236,179.67 0.00
M-3 0.00 0.00 44,940,000.00 169,423.80 0.00
M-4 0.00 0.00 32,357,000.00 125,635.04 0.00
M-5 0.00 0.00 30,559,000.00 120,623.16 0.00
M-6 0.00 0.00 26,964,000.00 108,605.00 0.00
M-7 0.00 0.00 28,762,000.00 134,382.46 0.00
M-8 0.00 0.00 21,571,000.00 102,522.17 0.00
M-9 0.00 0.00 19,774,000.00 106,724.67 0.00
M-10 0.00 0.00 18,875,000.00 101,872.57 0.00
M-11 0.00 0.00 17,976,000.00 97,020.47 0.00
CE 0.00 0.00 60,219,984.22 3,132,091.15 0.00
R-1 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 100.00 134,694.20 0.00
Totals 21,629,850.95 0.00 1,775,981,233.27 31,301,626.90 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-1A 572,103,000.00 572,103,000.00 0.00 8,996,510.80 0.00 0.00
A-1B1 124,168,000.00 124,168,000.00 0.00 1,142,214.57 0.00 0.00
A-1B2 31,042,000.00 31,042,000.00 0.00 285,553.64 0.00 0.00
A-2A 314,093,000.00 314,093,000.00 0.00 11,205,571.94 0.00 0.00
A-2B 145,702,000.00 145,702,000.00 0.00 0.00 0.00 0.00
A-2C 97,005,000.00 97,005,000.00 0.00 0.00 0.00 0.00
A-2D 79,376,000.00 79,376,000.00 0.00 0.00 0.00 0.00
M-1 69,208,000.00 69,208,000.00 0.00 0.00 0.00 0.00
M-2 62,916,000.00 62,916,000.00 0.00 0.00 0.00 0.00
M-3 44,940,000.00 44,940,000.00 0.00 0.00 0.00 0.00
M-4 32,357,000.00 32,357,000.00 0.00 0.00 0.00 0.00
M-5 30,559,000.00 30,559,000.00 0.00 0.00 0.00 0.00
M-6 26,964,000.00 26,964,000.00 0.00 0.00 0.00 0.00
M-7 28,762,000.00 28,762,000.00 0.00 0.00 0.00 0.00
M-8 21,571,000.00 21,571,000.00 0.00 0.00 0.00 0.00
M-9 19,774,000.00 19,774,000.00 0.00 0.00 0.00 0.00
M-10 18,875,000.00 18,875,000.00 0.00 0.00 0.00 0.00
M-11 17,976,000.00 17,976,000.00 0.00 0.00 0.00 0.00
M-11 17,976,000.00 17,976,000.00 0.00 0.00 0.00 0.00
CE 60,220,369.00 60,220,369.00 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
Totals 1,815,587,569.00 1,815,587,569.00 0.00 21,629,850.95 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-1A 8,996,510.80 563,106,489.20 0.984275 8,996,510.80
A-1B1 1,142,214.57 123,025,785.43 0.990801 1,142,214.57
A-1B2 285,553.64 30,756,446.36 0.990801 285,553.64
A-2A 11,205,571.94 302,887,428.06 0.964324 11,205,571.94
A-2B 0.00 145,702,000.00 1.000000 0.00
A-2C 0.00 97,005,000.00 1.000000 0.00
A-2D 0.00 79,376,000.00 1.000000 0.00
M-1 0.00 69,208,000.00 1.000000 0.00
M-2 0.00 62,916,000.00 1.000000 0.00
M-3 0.00 44,940,000.00 1.000000 0.00
M-4 0.00 32,357,000.00 1.000000 0.00
M-5 0.00 30,559,000.00 1.000000 0.00
M-6 0.00 26,964,000.00 1.000000 0.00
M-7 0.00 28,762,000.00 1.000000 0.00
M-8 0.00 21,571,000.00 1.000000 0.00
M-9 0.00 19,774,000.00 1.000000 0.00
M-10 0.00 18,875,000.00 1.000000 0.00
M-11 0.00 17,976,000.00 1.000000 0.00
0.00 17,976,000.00 1.000000 0.00
CE 0.00 60,219,984.22 0.999994 0.00
R-1 0.00 0.00 0.000000 0.00
0.00 0.00 0.000000 0.00
P 0.00 100.00 1.000000 0.00
0.00 100.00 1.000000 0.00
Totals 21,629,850.95 1,793,957,333.27 0.988086 21,629,850.95
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-1A 572,103,000.00 1000.000000 0.000000 15.725334 0.000000
A-1B1 124,168,000.00 1000.000000 0.000000 9.198945 0.000000
A-1B2 31,042,000.00 1000.000000 0.000000 9.198945 0.000000
A-2A 314,093,000.00 1000.000000 0.000000 35.675968 0.000000
A-2B 145,702,000.00 1000.000000 0.000000 0.000000 0.000000
A-2C 97,005,000.00 1000.000000 0.000000 0.000000 0.000000
A-2D 79,376,000.00 1000.000000 0.000000 0.000000 0.000000
M-1 69,208,000.00 1000.000000 0.000000 0.000000 0.000000
M-2 62,916,000.00 1000.000000 0.000000 0.000000 0.000000
M-3 44,940,000.00 1000.000000 0.000000 0.000000 0.000000
M-4 32,357,000.00 1000.000000 0.000000 0.000000 0.000000
M-5 30,559,000.00 1000.000000 0.000000 0.000000 0.000000
M-6 26,964,000.00 1000.000000 0.000000 0.000000 0.000000
M-7 28,762,000.00 1000.000000 0.000000 0.000000 0.000000
M-8 21,571,000.00 1000.000000 0.000000 0.000000 0.000000
M-9 19,774,000.00 1000.000000 0.000000 0.000000 0.000000
M-10 18,875,000.00 1000.000000 0.000000 0.000000 0.000000
M-11 17,976,000.00 1000.000000 0.000000 0.000000 0.000000
CE 60,220,369.00 1000.000000 0.000000 0.000000 0.000000
R-1 0.00 0.000000 0.000000 0.000000 0.000000
P 100.00 1000.000000 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-1A 0.000000 15.725334 984.274666 0.984275 15.725334
A-1B1 0.000000 9.198945 990.801055 0.990801 9.198945
A-1B2 0.000000 9.198945 990.801055 0.990801 9.198945
A-2A 0.000000 35.675968 964.324032 0.964324 35.675968
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
CE 0.000000 0.000000 999.993610 0.999994 0.000000
R-1 0.000000 0.000000 0.000000 0.000000 0.000000
P 0.000000 0.000000 1,000.000000 1.000000 0.000000
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-1A 11/28/05 - 12/26/05 29 4.44000% 572,103,000.00 2,030,381.95 0.00
A-1B1 11/28/05 - 12/26/05 29 4.45000% 124,168,000.00 441,669.96 0.00
A-1B2 11/28/05 - 12/26/05 29 4.50000% 31,042,000.00 111,667.79 0.00
A-2A 11/28/05 - 12/26/05 29 4.30000% 314,093,000.00 1,079,286.98 0.00
A-2B 11/28/05 - 12/26/05 29 4.38000% 145,702,000.00 510,051.18 0.00
A-2C 11/28/05 - 12/26/05 29 4.53000% 97,005,000.00 345,050.21 0.00
A-2D 11/28/05 - 12/26/05 29 4.53000% 79,376,000.00 287,458.57 0.00
M-1 11/28/05 - 12/26/05 29 4.64000% 69,208,000.00 256,767.97 0.00
M-2 11/28/05 - 12/26/05 29 4.66000% 62,916,000.00 234,437.72 0.00
M-3 11/28/05 - 12/26/05 29 4.68000% 44,940,000.00 168,179.55 0.00
M-4 11/28/05 - 12/26/05 29 4.82000% 32,357,000.00 124,739.17 0.00
M-5 11/28/05 - 12/26/05 29 4.90000% 30,559,000.00 119,777.08 0.00
M-6 11/28/05 - 12/26/05 29 5.00000% 26,964,000.00 107,858.45 0.00
M-7 11/28/05 - 12/26/05 29 5.80000% 28,762,000.00 133,586.12 0.00
M-8 11/28/05 - 12/26/05 29 5.90000% 21,571,000.00 101,924.93 0.00
M-9 11/28/05 - 12/26/05 29 6.70000% 19,774,000.00 106,177.19 0.00
M-10 11/28/05 - 12/26/05 29 6.70000% 18,875,000.00 101,349.98 0.00
M-11 11/28/05 - 12/26/05 29 6.70000% 17,976,000.00 96,522.77 0.00
CE N/A N/A 0.00000% 1,797,611,469.20 0.00 0.00
R-1 N/A N/A 0.00000% 0.00 0.00 0.00
P N/A N/A 0.00000% 100.00 0.00 0.00
Totals 6,356,887.57 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-1A 0.00 0.00 2,046,221.73 0.00 563,106,489.20
A-1B1 0.00 0.00 445,107.79 0.00 123,025,785.43
A-1B2 0.00 0.00 112,527.25 0.00 30,756,446.36
A-2A 0.00 0.00 1,087,983.25 0.00 302,887,428.06
A-2B 0.00 0.00 514,085.22 0.00 145,702,000.00
A-2C 0.00 0.00 347,735.98 0.00 97,005,000.00
A-2D 0.00 0.00 289,656.25 0.00 79,376,000.00
M-1 0.00 0.00 258,684.12 0.00 69,208,000.00
M-2 0.00 0.00 236,179.67 0.00 62,916,000.00
M-3 0.00 0.00 169,423.80 0.00 44,940,000.00
M-4 0.00 0.00 125,635.04 0.00 32,357,000.00
M-5 0.00 0.00 120,623.16 0.00 30,559,000.00
M-6 0.00 0.00 108,605.00 0.00 26,964,000.00
M-7 0.00 0.00 134,382.46 0.00 28,762,000.00
M-8 0.00 0.00 102,522.17 0.00 21,571,000.00
M-9 0.00 0.00 106,724.67 0.00 19,774,000.00
M-10 0.00 0.00 101,872.57 0.00 18,875,000.00
M-11 0.00 0.00 97,020.47 0.00 17,976,000.00
CE 0.00 0.00 3,132,091.15 0.00 1,775,981,233.26
R-1 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 134,694.20 0.00 100.00
Totals 0.00 0.00 9,671,775.95 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-1A 11/28/05 - 12/26/05 572,103,000.00 4.44000% 1000.000000 3.548980 0.000000
A-1B1 11/28/05 - 12/26/05 124,168,000.00 4.45000% 1000.000000 3.557035 0.000000
A-1B2 11/28/05 - 12/26/05 31,042,000.00 4.50000% 1000.000000 3.597313 0.000000
A-2A 11/28/05 - 12/26/05 314,093,000.00 4.30000% 1000.000000 3.436202 0.000000
A-2B 11/28/05 - 12/26/05 145,702,000.00 4.38000% 1000.000000 3.500646 0.000000
A-2C 11/28/05 - 12/26/05 97,005,000.00 4.53000% 1000.000000 3.557035 0.000000
A-2D 11/28/05 - 12/26/05 79,376,000.00 4.53000% 1000.000000 3.621480 0.000000
M-1 11/28/05 - 12/26/05 69,208,000.00 4.64000% 1000.000000 3.710091 0.000000
M-2 11/28/05 - 12/26/05 62,916,000.00 4.66000% 1000.000000 3.726202 0.000000
M-3 11/28/05 - 12/26/05 44,940,000.00 4.68000% 1000.000000 3.742313 0.000000
M-4 11/28/05 - 12/26/05 32,357,000.00 4.82000% 1000.000000 3.855091 0.000000
M-5 11/28/05 - 12/26/05 30,559,000.00 4.90000% 1000.000000 3.919535 0.000000
M-6 11/28/05 - 12/26/05 26,964,000.00 5.00000% 1000.000000 4.000091 0.000000
M-7 11/28/05 - 12/26/05 28,762,000.00 5.80000% 1000.000000 4.644535 0.000000
M-8 11/28/05 - 12/26/05 21,571,000.00 5.90000% 1000.000000 4.725091 0.000000
M-9 11/28/05 - 12/26/05 19,774,000.00 6.70000% 1000.000000 5.369535 0.000000
M-10 11/28/05 - 12/26/05 18,875,000.00 6.70000% 1000.000000 5.369535 0.000000
M-11 11/28/05 - 12/26/05 17,976,000.00 6.70000% 1000.000000 5.369535 0.000000
CE N/A 60,220,369.00 0.00000% 29850.555535 0.000000 0.000000
R-1 N/A 0.00 0.00000% 0.000000 0.000000 0.000000
P N/A 100.00 0.00000% 1000.000000 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-1A 0.000000 0.000000 3.576667 0.000000 984.274666
A-1B1 0.000000 0.000000 3.584722 0.000000 990.801055
A-1B2 0.000000 0.000000 3.625000 0.000000 990.801055
A-2A 0.000000 0.000000 3.463889 0.000000 964.324032
A-2B 0.000000 0.000000 3.528333 0.000000 1000.000000
A-2C 0.000000 0.000000 3.584722 0.000000 1000.000000
A-2D 0.000000 0.000000 3.649167 0.000000 1000.000000
M-1 0.000000 0.000000 3.737778 0.000000 1000.000000
M-2 0.000000 0.000000 3.753889 0.000000 1000.000000
M-3 0.000000 0.000000 3.770000 0.000000 1000.000000
M-4 0.000000 0.000000 3.882778 0.000000 1000.000000
M-5 0.000000 0.000000 3.947222 0.000000 1000.000000
M-6 0.000000 0.000000 4.027778 0.000000 1000.000000
M-7 0.000000 0.000000 4.672222 0.000000 1000.000000
M-8 0.000000 0.000000 4.752778 0.000000 1000.000000
M-9 0.000000 0.000000 5.397222 0.000000 1000.000000
M-10 0.000000 0.000000 5.397222 0.000000 1000.000000
M-11 0.000000 0.000000 5.397222 0.000000 1000.000000
CE 0.000000 0.000000 52.010494 0.000000 29491.370823
R-1 0.000000 0.000000 0.000000 0.000000 0.000000
P 0.000000 0.000000 1346942.000000 0.000000 1000.000000
<FN>
(1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable.
Per $1 denomination.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 31,467,765.91
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 126,435.77
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 134,694.20
Swap/Cap Payments 0.00
Total Deposits 31,728,895.88
Withdrawals
Swap Payments 0.00
Reserve Funds and Credit Enhancements 0.00
Reimbursement for Servicer Advances 0.00
Total Administration Fees 21,721.15
Payment of Interest and Principal 31,707,174.73
Total Withdrawals (Pool Distribution Amount) 31,728,895.88
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* 0.00
Credit Risk Manager Fee: Clayton Fixed Income Services 19,474.13
Master Servicing Fee: Wells Fargo 2,247.02
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 21,721.15
<FN>
*Servicer Payees include: COUNTRYWIDE HOME LOANS INC.; WELLS FARGO BANK, N.A.
</FN>
Reserve Accounts
Account Name Beginning Current Withdrawals Current Deposits Ending Balance
Balance
<s> <c> <c> <c> <c>
Reserve Fund 0.00 0.00 0.00 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 0.000000%
Weighted Average Net Coupon 6.651760%
Weighted Average Pass-Through Rate 0.000000%
Weighted Average Remaining Term 344
Beginning Scheduled Collateral Loan Count 9,000
Number Of Loans Paid In Full 78
Ending Scheduled Collateral Loan Count 8,922
Beginning Scheduled Collateral Balance 1,797,611,469.20
Ending Scheduled Collateral Balance 0.00
Ending Actual Collateral Balance at 30-Nov-2005 0.00
Monthly P&I Constant 11,556,625.94
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 134,694.20
Prepayment Penalty Paid Count 6
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 0.00
Unscheduled Principal 20,787,014.45
Required Overcollateralized Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized Reduction Amount 384.98
Specified O/C Amount 60,219,984.22
Overcollateralized Amount 60,219,984.22
Overcollateralized Deficiency Amount 0.00
Base Overcollateralization Amount 0.00
Swap Out Deustche Bank Recipient $405,547.62
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Coupon Rate 0.000000%
Weighted Average Net Rate 6.651760%
Weighted Average Pass Through Rate 0.000000%
Weighted Average Remaining Term 344
Record Date 11/30/2005
Principal and Interest Constant 11,556,625.94
Beginning Loan Count 9,000
Loans Paid in Full 78
Ending Loan Count 8,922
Beginning Scheduled Balance 1,797,611,469.20
Ending Scheduled Balance 0.00
Ending Actual Balance at 30-Nov-2005 0.00
Scheduled Principal 0.00
Unscheduled Principal 20,787,014.45
Scheduled Interest 10,713,404.45
Servicing Fee 0.00
Master Servicing Fee 2,247.02
Trustee Fee 0.00
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 19,474.13
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 9,942,678.53
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 134,694.20
Prepayment Penalty Paid Count 6
Required Overcollateralized Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized Reduction Amount 384.98
Specified O/C Amount 60,219,984.22
Overcollateralized Amount 60,219,984.22
Overcollateralized Deficiency Amount 0.00
Base Overcollateralization Amount 0.00
Group Level Collateral Statement
<s> <c> <c>
Group Gr I Sub-Gr 1 Gr I 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 0.000000 0.000000 0.000000
Weighted Average Net Rate 0.000000 0.000000 0.000000
Weighted Average Remaining Term 297 358 222
Beginning Loan Count 1,372 3,519 384
Loans Paid In Full 0 0 0
Ending Loan Count 0 0 0
Beginning Scheduled Balance 111,871,922.53 642,383,548.90 25,076,239.41
Ending Scheduled Balance 0.00 0.00 0.00
Record Date 11/30/2005 11/30/2005 11/30/2005
Principal And Interest Constant 0.00 0.00 0.00
Scheduled Principal 0.00 0.00 0.00
Unscheduled Principal 0.00 0.00 0.00
Scheduled Interest 0.00 0.00 0.00
Servicing Fee 0.00 0.00 0.00
Master Servicing Fee 0.00 0.00 0.00
Trustee Fee 0.00 0.00 0.00
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 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 0.00 0.00 0.00
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 134694.20 0.00 0.00
Prepayment Penalty Paid Count 6 0 0
Special Servicing Fee 0.00 0.00 0.00
<FN>
</FN>
Group Level Collateral Statement
<s> <c> <c>
Group Gr 2 Sub-Gr 4 Gr 3 Sub-Gr 5 Gr 3 Sub-Gr 6
Collateral Description Fixed 15/30 & ARM Mixed Fixed Fixed 15/30 & ARM
Weighted Average Coupon Rate 6.661922 8.861439 6.835015
Weighted Average Net Rate 6.161922 8.361439 6.335015
Weighted Average Remaining Term 358 244 358
Beginning Loan Count 712 1,109 1,904
Loans Paid In Full 4 8 22
Ending Loan Count 708 1,101 1,882
Beginning Scheduled Balance 179,551,052.81 131,129,856.60 707,598,848.95
Ending scheduled Balance 0.00 0.00 0.00
Record Date 11/30/2005 11/30/2005 11/30/2005
Principal And Interest Constant 1,078,293.04 1,048,167.82 4,281,357.30
Scheduled Principal 0.00 0.00 0.00
Unscheduled Principal 1,140,273.29 804,278.48 10,070,674.34
Scheduled Interest 0.00 0.00 0.00
Servicing Fee 0.00 0.00 0.00
Master Servicing Fee 224.44 163.91 884.50
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 1,945.14 1,420.57 7,665.65
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 0.00 0.00 0.00
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
0.000000 0.000000 0.000000
<FN>
</FN>
Group Level Collateral Statement
<s> <c> <c>
Group Total
Collateral Description Mixed Fixed & Arm
Weighted Average Coupon Rate 0.000000
Weighted Average Net Rate 6.651760
Weighted Average Remaining Term 344
Record Date 11/30/2005
Principal And Interest Constant 6,407,818.16
Beginning Loan Count 9,000
Loans Paid In Full 34
Ending Loan Count 3,691
Beginning Scheduled Balance 1,797,611,469.20
Ending Scheduled Balance 0.00
Scheduled Principal 0.00
Unscheduled Principal 12,015,226.11
Scheduled Interest 0.00
Servicing Fee 0.00
Master Servicing Fee 1,272.85
Trustee Fee 0.00
Fry Amount 0.00
Special Hazard Fee 0.00
Other Fee 11,031.36
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 0.00
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 134694.20
Prepayment Penalty Paid Count 6
Special Servicing Fee 0.00
0.000000
<FN>
</FN>
Additional Reporting - Deal Level
Miscellaneous Reporting
<s> <c>
Credit Enhancement Percentage: 24.444091%
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 23 0 0 0 23
4,080,681.59 0.00 0.00 0.00 4,080,681.59
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 23 0 0 0 23
4,080,681.59 0.00 0.00 0.00 4,080,681.59
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.257790% 0.000000% 0.000000% 0.000000% 0.257790%
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 0.257790% 0.000000% 0.000000% 0.000000% 0.257790%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 126,435.77
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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr I 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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr 3 Sub-Gr 5
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 1 0 0 0 1
73,895.12 0.00 0.00 0.00 73,895.12
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 1 0 0 0 1
73,895.12 0.00 0.00 0.00 73,895.12
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.090827% 0.000000% 0.000000% 0.000000% 0.090827%
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 0.090827% 0.000000% 0.000000% 0.000000% 0.090827%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
Gr 3 Sub-Gr 6
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 6 0 0 0 6
1,980,532.09 0.00 0.00 0.00 1,980,532.09
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 6 0 0 0 6
1,980,532.09 0.00 0.00 0.00 1,980,532.09
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.318810% 0.000000% 0.000000% 0.000000% 0.318810%
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 0.318810% 0.000000% 0.000000% 0.000000% 0.318810%
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.
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 I 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.
Gr 3 Sub-Gr 5 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 3 Sub-Gr 6 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 I 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.
Gr 3 Sub-Gr 5 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 3 Sub-Gr 6 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 I 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.
Gr 3 Sub-Gr 5 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 3 Sub-Gr 6 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 I 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%
Gr 3 Sub-Gr 5 0 0.00 0.00 0.000%
Gr 3 Sub-Gr 6 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 3 Sub-Gr 5
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 3 Sub-Gr 6
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A 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 8 1,060,400.00 1,057,708.16 0 0.00 0.00
Gr I Sub-Gr 2 33 7,464,497.00 7,450,265.63 0 0.00 0.00
Gr 2 Sub-Gr 3 3 185,400.00 185,224.37 0 0.00 0.00
Gr 2 Sub-Gr 4 4 1,121,600.00 1,120,158.15 0 0.00 0.00
Gr 3 Sub-Gr 5 8 783,900.00 783,214.37 0 0.00 0.00
Gr 3 Sub-Gr 6 22 10,040,592.00 10,030,337.61 0 0.00 0.00
Total 78 20,656,389.00 20,626,908.29 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 14,104.39
Gr I Sub-Gr 2 0 0.00 0.00 0 0.00 0.00 62,745.86
Gr 2 Sub-Gr 3 0 0.00 0.00 0 0.00 0.00 6,613.25
Gr 2 Sub-Gr 4 0 0.00 0.00 0 0.00 0.00 20,842.41
Gr 3 Sub-Gr 5 0 0.00 0.00 0 0.00 0.00 21,391.22
Gr 3 Sub-Gr 6 0 0.00 0.00 0 0.00 0.00 44,351.30
Total 0 0.00 0.00 0 0.00 0.00 170,048.43
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 0110835266 RI 70.00 01-Aug-2005 164,500.00 163,940.72
Gr I Sub-Gr 1 0110895872 CA 90.00 01-Sep-2005 310,500.00 309,614.88
Gr I Sub-Gr 1 0110896132 MD 100.00 01-Oct-2005 57,800.00 57,722.64
Gr I Sub-Gr 1 0110896136 MD 80.00 01-Oct-2005 231,200.00 230,937.92
Gr I Sub-Gr 1 0110896814 CO 100.00 01-Sep-2005 32,400.00 32,338.13
Gr I Sub-Gr 1 0110897007 AZ 100.00 01-Sep-2005 40,000.00 39,910.36
Gr I Sub-Gr 1 0110897573 MD 90.00 01-Oct-2005 26,000.00 25,965.12
Gr I Sub-Gr 1 0110900216 VA 90.00 01-Sep-2005 198,000.00 196,371.87
Gr I Sub-Gr 2 0110835219 KY 39.89 01-Aug-2005 75,000.00 74,749.39
Gr I Sub-Gr 2 0110835418 CA 80.00 01-Jun-2005 208,000.00 206,822.82
Gr I Sub-Gr 2 0110835559 CT 90.00 01-Oct-2005 199,800.00 199,445.39
Gr I Sub-Gr 2 0110876605 CA 85.00 01-Oct-2005 295,800.00 295,800.00
Gr I Sub-Gr 2 0110876643 CA 87.59 01-Sep-2005 346,000.00 346,000.00
Gr I Sub-Gr 2 0110876713 CA 75.47 01-Sep-2005 200,000.00 199,370.23
Gr I Sub-Gr 2 0110876866 CA 80.00 01-Oct-2005 314,400.00 313,603.04
Gr I Sub-Gr 2 0110877040 CA 84.90 01-Oct-2005 208,000.00 208,000.00
Gr I Sub-Gr 2 0110877056 NV 52.66 01-Oct-2005 227,500.00 227,500.00
Gr I Sub-Gr 2 0110877082 FL 60.00 01-Oct-2005 321,000.00 320,244.21
Gr I Sub-Gr 2 0110894814 CA 74.73 01-Oct-2005 340,000.00 339,380.88
Gr I Sub-Gr 2 0110894931 CA 66.67 01-Oct-2005 330,000.00 329,310.73
Gr I Sub-Gr 2 0110897008 AZ 80.00 01-Sep-2005 160,000.00 159,786.37
Gr I Sub-Gr 2 0110897473 CA 74.82 01-Oct-2005 280,590.00 279,915.29
Gr I Sub-Gr 2 0110897574 MD 80.00 01-Oct-2005 208,000.00 208,000.00
Gr I Sub-Gr 2 0110899293 MD 85.00 01-Oct-2005 195,500.00 195,062.03
Gr I Sub-Gr 2 0110899343 NY 48.06 01-Sep-2005 346,000.00 344,544.61
Gr I Sub-Gr 2 0110899389 MD 85.00 01-Oct-2005 157,250.00 157,106.93
Gr I Sub-Gr 2 0110899543 CO 25.00 01-Sep-2005 100,000.00 100,000.00
Gr I Sub-Gr 2 0110899638 CA 80.00 01-Sep-2005 264,000.00 262,614.22
Gr I Sub-Gr 2 0110899826 MI 55.44 01-Jun-2005 107,000.00 106,538.88
Gr I Sub-Gr 2 0110899915 MD 90.06 01-Oct-2005 163,000.00 162,853.81
Gr I Sub-Gr 2 0110899970 VA 78.18 01-Oct-2005 273,639.00 273,345.78
Gr I Sub-Gr 2 0110900130 CA 79.07 01-Sep-2005 340,000.00 335,805.30
Gr I Sub-Gr 2 0110900822 CA 77.05 01-Sep-2005 235,000.00 234,241.57
Gr I Sub-Gr 2 0110923284 HI 80.00 01-Sep-2005 400,000.00 400,000.00
Gr I Sub-Gr 2 0110923775 PA 100.00 01-Sep-2005 90,000.00 89,758.47
Gr I Sub-Gr 2 0110924197 AZ 80.00 01-Aug-2005 140,800.00 140,800.00
Gr I Sub-Gr 2 0110924375 MD 85.00 01-Sep-2005 220,150.00 219,621.76
Gr I Sub-Gr 2 0110924585 VA 72.81 01-Oct-2005 158,000.00 157,752.37
Gr I Sub-Gr 2 0110924733 CA 88.24 01-Sep-2005 300,000.00 299,161.82
Gr I Sub-Gr 2 0110924875 AZ 80.00 01-Jul-2005 112,000.00 111,498.42
Gr I Sub-Gr 2 0110924930 IL 80.00 01-Oct-2005 148,068.00 147,741.20
Gr 2 Sub-Gr 3 0110896490 CA 100.00 01-Oct-2005 62,000.00 61,916.84
Gr 2 Sub-Gr 3 0110898251 CA 100.00 01-Oct-2005 57,400.00 57,329.10
Gr 2 Sub-Gr 3 0110898763 CA 100.00 01-Sep-2005 66,000.00 65,901.74
Gr 2 Sub-Gr 4 0110896749 CA 80.00 01-Oct-2005 324,000.00 323,225.77
Gr 2 Sub-Gr 4 0110898291 CA 80.00 01-Oct-2005 229,600.00 229,018.00
Gr 2 Sub-Gr 4 0110898593 CA 80.00 01-Oct-2005 328,000.00 327,187.11
Gr 2 Sub-Gr 4 0110898729 CA 80.00 01-Oct-2005 240,000.00 240,000.00
Gr 3 Sub-Gr 5 0110876766 CA 100.00 01-Oct-2005 86,000.00 85,884.65
Gr 3 Sub-Gr 5 0110894396 CA 90.00 01-Oct-2005 63,900.00 63,829.11
Gr 3 Sub-Gr 5 0110896748 CA 100.00 01-Oct-2005 81,000.00 80,910.15
Gr 3 Sub-Gr 5 0110897342 CA 100.00 01-Oct-2005 97,000.00 96,935.22
Gr 3 Sub-Gr 5 0110898001 CA 100.00 01-Oct-2005 105,000.00 104,807.82
Gr 3 Sub-Gr 5 0110898007 CA 100.00 01-Oct-2005 129,000.00 128,844.87
Gr 3 Sub-Gr 5 0110898055 CA 100.00 01-Oct-2005 140,000.00 139,768.87
Gr 3 Sub-Gr 5 0110898592 CA 100.00 01-Oct-2005 82,000.00 81,906.57
Gr 3 Sub-Gr 6 0110835356 NJ 85.00 01-Aug-2005 382,500.00 381,062.78
Gr 3 Sub-Gr 6 0110876760 CA 95.00 01-Oct-2005 551,000.00 551,000.00
Gr 3 Sub-Gr 6 0110876767 CA 80.00 01-Oct-2005 344,000.00 344,000.00
Gr 3 Sub-Gr 6 0110894903 IL 85.00 01-Oct-2005 429,250.00 428,050.95
Gr 3 Sub-Gr 6 0110895387 CA 90.00 01-Oct-2005 720,000.00 717,834.81
Gr 3 Sub-Gr 6 0110895455 CA 80.00 01-Oct-2005 511,200.00 510,659.88
Gr 3 Sub-Gr 6 0110896922 CA 80.00 01-Oct-2005 388,000.00 387,612.66
Gr 3 Sub-Gr 6 0110897750 CA 80.00 01-Oct-2005 376,000.00 375,602.84
Gr 3 Sub-Gr 6 0110898002 CA 80.00 01-Oct-2005 420,000.00 419,506.94
Gr 3 Sub-Gr 6 0110898009 CA 80.00 01-Oct-2005 516,000.00 516,000.00
Gr 3 Sub-Gr 6 0110898058 CA 80.00 01-Oct-2005 560,000.00 560,000.00
Gr 3 Sub-Gr 6 0110898062 NY 90.00 01-Oct-2005 391,500.00 390,531.65
Gr 3 Sub-Gr 6 0110898302 CA 95.00 01-Aug-2005 479,750.00 477,651.05
Gr 3 Sub-Gr 6 0110899797 FL 80.00 01-Oct-2005 665,600.00 664,678.05
Gr 3 Sub-Gr 6 0110922608 CA 80.00 01-Oct-2005 537,600.00 537,600.00
Gr 3 Sub-Gr 6 0110922850 CO 95.44 01-Oct-2005 398,000.00 397,593.10
Gr 3 Sub-Gr 6 0110923077 CA 80.00 01-Oct-2005 271,192.00 271,192.00
Gr 3 Sub-Gr 6 0110923440 ID 80.00 01-Oct-2005 420,000.00 420,000.00
Gr 3 Sub-Gr 6 0110924347 VA 80.00 01-Sep-2005 364,000.00 363,090.14
Gr 3 Sub-Gr 6 0110924431 NC 64.41 01-Oct-2005 375,000.00 373,952.49
Gr 3 Sub-Gr 6 0110924807 NY 85.00 01-Aug-2005 595,000.00 595,000.00
Gr 3 Sub-Gr 6 0110924910 NY 66.99 01-Aug-2005 345,000.00 343,703.70
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 0110835266 Loan Paid in Full 0 8.000% 360 4
Gr I Sub-Gr 1 0110895872 Loan Paid in Full 0 7.750% 360 3
Gr I Sub-Gr 1 0110896132 Loan Paid in Full 0 10.000% 180 2
Gr I Sub-Gr 1 0110896136 Loan Paid in Full 0 7.050% 360 2
Gr I Sub-Gr 1 0110896814 Loan Paid in Full 0 9.750% 180 3
Gr I Sub-Gr 1 0110897007 Loan Paid in Full 0 9.990% 180 3
Gr I Sub-Gr 1 0110897573 Loan Paid in Full 0 9.990% 180 2
Gr I Sub-Gr 1 0110900216 Loan Paid in Full 0 6.500% 240 3
Gr I Sub-Gr 2 0110835219 Loan Paid in Full 0 8.100% 360 4
Gr I Sub-Gr 2 0110835418 Loan Paid in Full 0 7.950% 360 6
Gr I Sub-Gr 2 0110835559 Loan Paid in Full 0 8.650% 360 2
Gr I Sub-Gr 2 0110876605 Loan Paid in Full 0 7.400% 360 2
Gr I Sub-Gr 2 0110876643 Loan Paid in Full 0 6.990% 360 3
Gr I Sub-Gr 2 0110876713 Loan Paid in Full 0 7.250% 360 3
Gr I Sub-Gr 2 0110876866 Loan Paid in Full 0 6.875% 360 2
Gr I Sub-Gr 2 0110877040 Loan Paid in Full 0 7.000% 360 2
Gr I Sub-Gr 2 0110877056 Loan Paid in Full 0 6.300% 360 2
Gr I Sub-Gr 2 0110877082 Loan Paid in Full 0 7.250% 360 2
Gr I Sub-Gr 2 0110894814 Loan Paid in Full 0 8.525% 360 2
Gr I Sub-Gr 2 0110894931 Loan Paid in Full 0 7.850% 360 2
Gr I Sub-Gr 2 0110897008 Loan Paid in Full 0 7.500% 360 3
Gr I Sub-Gr 2 0110897473 Loan Paid in Full 0 7.150% 360 2
Gr I Sub-Gr 2 0110897574 Loan Paid in Full 0 6.500% 360 2
Gr I Sub-Gr 2 0110899293 Loan Paid in Full 0 7.500% 360 2
Gr I Sub-Gr 2 0110899343 Loan Paid in Full 0 5.750% 360 3
Gr I Sub-Gr 2 0110899389 Loan Paid in Full 0 7.825% 360 2
Gr I Sub-Gr 2 0110899543 Loan Paid in Full 0 8.250% 360 3
Gr I Sub-Gr 2 0110899638 Loan Paid in Full 0 6.740% 360 3
Gr I Sub-Gr 2 0110899826 Loan Paid in Full 0 8.525% 360 6
Gr I Sub-Gr 2 0110899915 Loan Paid in Full 0 7.875% 360 2
Gr I Sub-Gr 2 0110899970 Loan Paid in Full 0 7.250% 360 2
Gr I Sub-Gr 2 0110900130 Loan Paid in Full 0 7.250% 360 3
Gr I Sub-Gr 2 0110900822 Loan Paid in Full 0 7.125% 360 3
Gr I Sub-Gr 2 0110923284 Loan Paid in Full 0 6.400% 360 3
Gr I Sub-Gr 2 0110923775 Loan Paid in Full 0 8.050% 360 3
Gr I Sub-Gr 2 0110924197 Loan Paid in Full 0 5.990% 360 4
Gr I Sub-Gr 2 0110924375 Loan Paid in Full 0 8.600% 360 3
Gr I Sub-Gr 2 0110924585 Loan Paid in Full 0 9.250% 360 2
Gr I Sub-Gr 2 0110924733 Loan Paid in Full 0 7.850% 360 3
Gr I Sub-Gr 2 0110924875 Loan Paid in Full 0 7.550% 360 5
Gr I Sub-Gr 2 0110924930 Loan Paid in Full 0 7.575% 360 2
Gr 2 Sub-Gr 3 0110896490 Loan Paid in Full 0 9.990% 180 2
Gr 2 Sub-Gr 3 0110898251 Loan Paid in Full 0 10.375% 180 2
Gr 2 Sub-Gr 3 0110898763 Loan Paid in Full 0 10.865% 180 3
Gr 2 Sub-Gr 4 0110896749 Loan Paid in Full 0 7.175% 360 2
Gr 2 Sub-Gr 4 0110898291 Loan Paid in Full 0 6.875% 360 2
Gr 2 Sub-Gr 4 0110898593 Loan Paid in Full 0 6.990% 360 2
Gr 2 Sub-Gr 4 0110898729 Loan Paid in Full 0 6.990% 360 2
Gr 3 Sub-Gr 5 0110876766 Loan Paid in Full 0 9.990% 180 2
Gr 3 Sub-Gr 5 0110894396 Loan Paid in Full 0 10.875% 180 2
Gr 3 Sub-Gr 5 0110896748 Loan Paid in Full 0 10.875% 180 2
Gr 3 Sub-Gr 5 0110897342 Loan Paid in Full 0 9.990% 180 2
Gr 3 Sub-Gr 5 0110898001 Loan Paid in Full 0 8.500% 180 2
Gr 3 Sub-Gr 5 0110898007 Loan Paid in Full 0 10.500% 180 2
Gr 3 Sub-Gr 5 0110898055 Loan Paid in Full 0 9.000% 180 2
Gr 3 Sub-Gr 5 0110898592 Loan Paid in Full 0 10.750% 180 2
Gr 3 Sub-Gr 6 0110835356 Loan Paid in Full 0 7.500% 360 4
Gr 3 Sub-Gr 6 0110876760 Loan Paid in Full 0 7.200% 360 2
Gr 3 Sub-Gr 6 0110876767 Loan Paid in Full 0 6.875% 360 2
Gr 3 Sub-Gr 6 0110894903 Loan Paid in Full 0 6.375% 360 2
Gr 3 Sub-Gr 6 0110895387 Loan Paid in Full 0 5.990% 360 2
Gr 3 Sub-Gr 6 0110895455 Loan Paid in Full 0 7.300% 360 2
Gr 3 Sub-Gr 6 0110896922 Loan Paid in Full 0 7.500% 360 2
Gr 3 Sub-Gr 6 0110897750 Loan Paid in Full 0 7.301% 360 2
Gr 3 Sub-Gr 6 0110898002 Loan Paid in Full 0 6.925% 360 2
Gr 3 Sub-Gr 6 0110898009 Loan Paid in Full 0 7.275% 360 2
Gr 3 Sub-Gr 6 0110898058 Loan Paid in Full 0 7.125% 360 2
Gr 3 Sub-Gr 6 0110898062 Loan Paid in Full 0 7.000% 360 2
Gr 3 Sub-Gr 6 0110898302 Loan Paid in Full 0 6.725% 360 4
Gr 3 Sub-Gr 6 0110899797 Loan Paid in Full 0 7.000% 360 2
Gr 3 Sub-Gr 6 0110922608 Loan Paid in Full 0 7.590% 360 2
Gr 3 Sub-Gr 6 0110922850 Loan Paid in Full 0 11.250% 360 2
Gr 3 Sub-Gr 6 0110923077 Loan Paid in Full 0 7.600% 360 2
Gr 3 Sub-Gr 6 0110923440 Loan Paid in Full 0 8.450% 360 2
Gr 3 Sub-Gr 6 0110924347 Loan Paid in Full 0 8.400% 360 3
Gr 3 Sub-Gr 6 0110924431 Loan Paid in Full 0 6.375% 360 2
Gr 3 Sub-Gr 6 0110924807 Loan Paid in Full 0 8.000% 360 4
Gr 3 Sub-Gr 6 0110924910 Loan Paid in Full 0 7.500% 360 4
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.157% Current Month 13.033% Current Month 2,846.790%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 13.033% N/A Dec-2005 2,846.790% 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 0.958% Current Month 10.909% Current Month 2,306.637%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 10.909% N/A Dec-2005 2,306.637% 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 2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.170% Current Month 13.166% Current Month 2,836.792%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 13.166% N/A Dec-2005 2,836.792% 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 0.765% Current Month 8.805% Current Month 2,019.959%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 8.805% N/A Dec-2005 2,019.959% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
Gr 2 Sub-Gr 4
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.635% Current Month 7.363% Current Month 1,649.051%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 7.363% N/A Dec-2005 1,649.051% 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 3 Sub-Gr 5
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.614% Current Month 7.121% Current Month 1,580.906%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 7.121% N/A Dec-2005 1,580.906% 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 3 Sub-Gr 6
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.424% Current Month 15.808% Current Month 3,476.678%
3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000%
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 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 15.808% N/A Dec-2005 3,476.678% 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>