UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 25, 2005
AAMES MORTGAGE INVESTMENT TRUST
Mortgage-Backed Notes, Series 2005-2
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118926-25
Pooling and Servicing Agreement) (Commission N/A
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
Subsequent to filing the 8-K relating to the payment date on November 25, 2005,
a revision was made to holders of AAMES MORTGAGE INVESTMENT TRUST,
Mortgage-Backed Notes, Series 2005-2 Trust which was not included in the
original 8-K filed. The 8-K is being amended because the delinquency data was
revised. This revision was not previously disclosed in a 1934 Act filing. The
revised data has been and will continue to be available on the Wells Fargo
Bank, N.A., website at www.ctslink.com.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Amended monthly report distributed to holders of
Mortgage-Backed Notes, Series 2005-2 Trust,
relating to the November 25, 2005 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AAMES MORTGAGE INVESTMENT TRUST
Mortgage-Backed Notes, Series 2005-2 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trust Administrator
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 2/10/2006
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Amended monthly report distributed to holders of
Mortgage-Backed Notes, Series 2005-2 Trust, relating
to the November 25, 2005 distribution.
EX-99.1
Aames Mortgage Investment Trust
Mortgage-Backed Notes
Record Date: 10/31/2005
Distribution Date: 11/25/2005
Aames Mortgage Investment Trust
Mortgage-Backed Notes
Series 2005-2
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Class CUSIP Certificate Beginning Interest
Pass-Through Certificate Distribution
Rate Balance
<s> <c> <c> <c> <c>
1A1 126673K43 4.11750% 75,486,187.45 267,645.71
1A2 126673K50 4.25750% 289,696,000.00 1,062,077.84
1A3 126673K68 4.39750% 17,300,000.00 65,510.53
2A1 126673K76 4.26750% 387,781,111.82 1,425,014.80
M1 126673K84 4.48750% 40,542,000.00 156,663.86
M2 126673K92 4.50750% 41,121,000.00 159,609.45
M3 126673L26 4.53750% 24,325,000.00 95,044.87
M4 126673L34 4.66750% 22,008,000.00 88,455.35
M5 126673L42 4.69750% 19,113,000.00 77,313.41
M6 126673L59 4.75750% 16,796,000.00 68,808.78
M7 126673L67 5.23750% 18,533,000.00 83,585.12
M8 126673L75 5.38750% 14,479,000.00 67,171.50
M9 126673L83 5.88750% 13,321,000.00 67,534.69
B1 126673L91 7.03750% 12,700,000.00 76,962.88
B2 126673M25 7.03750% 5,833,000.00 35,348.39
B3 126673M33 7.03750% 6,950,000.00 42,117.48
B4 126673M90 7.03750% 9,264,000.00 56,140.48
OC 126673OT0 0.00000% 13,900,088.16 2,739,727.83
Totals 1,029,148,387.43 6,634,732.97
Certificateholder Distribution Summary (continued)
Class Principal Current Ending Total Cummulative
Distribution Realized Certificate Distribution Realized
Loss Balance Losses
<s> <c> <c> <c> <c> <c>
1A1 23,289,574.89 0.00 52,196,612.56 23,557,220.60 0.00
1A2 0.00 0.00 289,696,000.00 1,062,077.84 0.00
1A3 0.00 0.00 17,300,000.00 65,510.53 0.00
2A1 18,505,839.10 0.00 369,275,272.72 19,930,853.90 0.00
M1 0.00 0.00 40,542,000.00 156,663.86 0.00
M2 0.00 0.00 41,121,000.00 159,609.45 0.00
M3 0.00 0.00 24,325,000.00 95,044.87 0.00
M4 0.00 0.00 22,008,000.00 88,455.35 0.00
M5 0.00 0.00 19,113,000.00 77,313.41 0.00
M6 0.00 0.00 16,796,000.00 68,808.78 0.00
M7 0.00 0.00 18,533,000.00 83,585.12 0.00
M8 0.00 0.00 14,479,000.00 67,171.50 0.00
M9 0.00 0.00 13,321,000.00 67,534.69 0.00
B1 0.00 0.00 12,700,000.00 76,962.88 0.00
B2 0.00 0.00 5,833,000.00 35,348.39 0.00
B3 0.00 0.00 6,950,000.00 42,117.48 0.00
B4 0.00 0.00 9,264,000.00 56,140.48 0.00
OC 0.00 0.00 13,900,088.16 2,739,727.83 0.00
Totals 41,795,413.99 0.00 987,352,973.44 48,430,146.96 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>
1A1 143,042,000.00 75,486,187.45 0.00 23,289,574.89 0.00 0.00
1A2 289,696,000.00 289,696,000.00 0.00 0.00 0.00 0.00
1A3 17,300,000.00 17,300,000.00 0.00 0.00 0.00 0.00
2A1 449,414,000.00 387,781,111.82 0.00 18,505,839.10 0.00 0.00
M1 40,542,000.00 40,542,000.00 0.00 0.00 0.00 0.00
M2 41,121,000.00 41,121,000.00 0.00 0.00 0.00 0.00
M3 24,325,000.00 24,325,000.00 0.00 0.00 0.00 0.00
M4 22,008,000.00 22,008,000.00 0.00 0.00 0.00 0.00
M5 19,113,000.00 19,113,000.00 0.00 0.00 0.00 0.00
M6 16,796,000.00 16,796,000.00 0.00 0.00 0.00 0.00
M7 18,533,000.00 18,533,000.00 0.00 0.00 0.00 0.00
M8 14,479,000.00 14,479,000.00 0.00 0.00 0.00 0.00
M9 13,321,000.00 13,321,000.00 0.00 0.00 0.00 0.00
B1 12,700,000.00 12,700,000.00 0.00 0.00 0.00 0.00
B2 5,833,000.00 5,833,000.00 0.00 0.00 0.00 0.00
B3 6,950,000.00 6,950,000.00 0.00 0.00 0.00 0.00
B4 9,264,000.00 9,264,000.00 0.00 0.00 0.00 0.00
OC 0.00 13,900,088.16 0.00 0.00 0.00 0.00
Totals 1,144,437,000.00 1,029,148,387.43 0.00 41,795,413.99 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>
1A1 23,289,574.89 52,196,612.56 0.36490410 23,289,574.89
1A2 0.00 289,696,000.00 1.00000000 0.00
1A3 0.00 17,300,000.00 1.00000000 0.00
2A1 18,505,839.10 369,275,272.72 0.82168173 18,505,839.10
M1 0.00 40,542,000.00 1.00000000 0.00
M2 0.00 41,121,000.00 1.00000000 0.00
M3 0.00 24,325,000.00 1.00000000 0.00
M4 0.00 22,008,000.00 1.00000000 0.00
M5 0.00 19,113,000.00 1.00000000 0.00
M6 0.00 16,796,000.00 1.00000000 0.00
M7 0.00 18,533,000.00 1.00000000 0.00
M8 0.00 14,479,000.00 1.00000000 0.00
M9 0.00 13,321,000.00 1.00000000 0.00
B1 0.00 12,700,000.00 1.00000000 0.00
B2 0.00 5,833,000.00 1.00000000 0.00
B3 0.00 6,950,000.00 1.00000000 0.00
B4 0.00 9,264,000.00 1.00000000 0.00
OC 0.00 13,900,088.16 0.00000000 0.00
Totals 41,795,413.99 987,352,973.44 0.86274122 41,795,413.99
Principal Distribution Factors Statement
Class Original Beginning Scheduled UnScheduled Accretion
Face Certificate Principal Principal
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c>
1A1 143,042,000.00 527.72044190 0.00000000 162.81633989 0.00000000
1A2 289,696,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1A3 17,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2A1 449,414,000.00 862.85943878 0.00000000 41.17770942 0.00000000
M1 40,542,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M2 41,121,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M3 24,325,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M4 22,008,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M5 19,113,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M6 16,796,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M7 18,533,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M8 14,479,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M9 13,321,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B1 12,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B2 5,833,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B3 6,950,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B4 9,264,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
OC 0.00 0.00000000 0.00000000 0.00000000 0.00000000
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>
1A1 0.00000000 162.81633989 364.90410201 0.36490410 162.81633989
1A2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1A3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
2A1 0.00000000 41.17770942 821.68172936 0.82168173 41.17770942
M1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
OC 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
NOTE: All classes per $1,000 denominations
</FN>
Interest Distribution Statement
Class Accrual Accrual Current Beginning Current Payment of
Dates Days Certificate Certificate/ Accrued Unpaid Interest
Rate Notional Balance Interest Shortfall (1)
<s> <c> <c> <c> <c> <c> <c>
1A1 ** ** 4.11750% 75,486,187.45 267,645.71 0.00
1A2 ** ** 4.25750% 289,696,000.00 1,062,077.84 0.00
1A3 ** ** 4.39750% 17,300,000.00 65,510.53 0.00
2A1 ** ** 4.26750% 387,781,111.82 1,425,014.80 0.00
M1 ** ** 4.48750% 40,542,000.00 156,663.86 0.00
M2 ** ** 4.50750% 41,121,000.00 159,609.45 0.00
M3 ** ** 4.53750% 24,325,000.00 95,044.87 0.00
M4 ** ** 4.66750% 22,008,000.00 88,455.35 0.00
M5 ** ** 4.69750% 19,113,000.00 77,313.41 0.00
M6 ** ** 4.75750% 16,796,000.00 68,808.78 0.00
M7 ** ** 5.23750% 18,533,000.00 83,585.12 0.00
M8 ** ** 5.38750% 14,479,000.00 67,171.50 0.00
M9 ** ** 5.88750% 13,321,000.00 67,534.69 0.00
B1 ** ** 7.03750% 12,700,000.00 76,962.88 0.00
B2 ** ** 7.03750% 5,833,000.00 35,348.39 0.00
B3 ** ** 7.03750% 6,950,000.00 42,117.48 0.00
B4 ** ** 7.03750% 9,264,000.00 56,140.48 0.00
OC ** ** 0.00000% 13,900,088.16 0.00 0.00
Totals 3,895,005.14 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(1) Balance
<s> <c> <c> <c> <c> <c>
1A1 0.00 0.00 267,645.71 0.00 52,196,612.56
1A2 0.00 0.00 1,062,077.84 0.00 289,696,000.00
1A3 0.00 0.00 65,510.53 0.00 17,300,000.00
2A1 0.00 0.00 1,425,014.80 0.00 369,275,272.72
M1 0.00 0.00 156,663.86 0.00 40,542,000.00
M2 0.00 0.00 159,609.45 0.00 41,121,000.00
M3 0.00 0.00 95,044.87 0.00 24,325,000.00
M4 0.00 0.00 88,455.35 0.00 22,008,000.00
M5 0.00 0.00 77,313.41 0.00 19,113,000.00
M6 0.00 0.00 68,808.78 0.00 16,796,000.00
M7 0.00 0.00 83,585.12 0.00 18,533,000.00
M8 0.00 0.00 67,171.50 0.00 14,479,000.00
M9 0.00 0.00 67,534.69 0.00 13,321,000.00
B1 0.00 0.00 76,962.88 0.00 12,700,000.00
B2 0.00 0.00 35,348.39 0.00 5,833,000.00
B3 0.00 0.00 42,117.48 0.00 6,950,000.00
B4 0.00 0.00 56,140.48 0.00 9,264,000.00
OC 0.00 0.00 2,739,727.83 0.00 13,900,088.16
Totals 0.00 0.00 6,634,732.97 0.00
<FN>
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.
** For distribution dates prior to December 1, 2005 this information was not available for
reporting purposes.
</FN>
Interest Distribution Factors Statement
Class Original Current Beginning Current Payment of
Face Certificate Certificate/Notional Accrued Unpaid Interest
Amount Rate Balance Interest Shortfall (1)
<s> <c> <c> <c> <c> <c>
1A1 143,042,000.00 4.11750% 527.72044190 1.87109877 0.00000000
1A2 289,696,000.00 4.25750% 1000.00000000 3.66618055 0.00000000
1A3 17,300,000.00 4.39750% 1000.00000000 3.78673584 0.00000000
2A1 449,414,000.00 4.26750% 862.85943878 3.17082868 0.00000000
M1 40,542,000.00 4.48750% 1000.00000000 3.86423610 0.00000000
M2 41,121,000.00 4.50750% 1000.00000000 3.88145838 0.00000000
M3 24,325,000.00 4.53750% 1000.00000000 3.90729168 0.00000000
M4 22,008,000.00 4.66750% 1000.00000000 4.01923619 0.00000000
M5 19,113,000.00 4.69750% 1000.00000000 4.04506932 0.00000000
M6 16,796,000.00 4.75750% 1000.00000000 4.09673613 0.00000000
M7 18,533,000.00 5.23750% 1000.00000000 4.51006961 0.00000000
M8 14,479,000.00 5.38750% 1000.00000000 4.63923614 0.00000000
M9 13,321,000.00 5.88750% 1000.00000000 5.06979131 0.00000000
B1 12,700,000.00 7.03750% 1000.00000000 6.06006929 0.00000000
B2 5,833,000.00 7.03750% 1000.00000000 6.06007029 0.00000000
B3 6,950,000.00 7.03750% 1000.00000000 6.06006906 0.00000000
B4 9,264,000.00 7.03750% 1000.00000000 6.06006908 0.00000000
OC 0.00 0.00000% 0.00000000 0.00000000 0.00000000
Interest Distribution Factors Statement (continued)
Class Current Non-Supported Total Remaining Unpaid Ending
Interest Interest Interest Interest Certificate/
Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance
<s> <c> <c> <c> <c> <c>
1A1 0.00000000 0.00000000 1.87109877 0.00000000 364.90410201
1A2 0.00000000 0.00000000 3.66618055 0.00000000 1000.00000000
1A3 0.00000000 0.00000000 3.78673584 0.00000000 1000.00000000
2A1 0.00000000 0.00000000 3.17082868 0.00000000 821.68172936
M1 0.00000000 0.00000000 3.86423610 0.00000000 1000.00000000
M2 0.00000000 0.00000000 3.88145838 0.00000000 1000.00000000
M3 0.00000000 0.00000000 3.90729168 0.00000000 1000.00000000
M4 0.00000000 0.00000000 4.01923619 0.00000000 1000.00000000
M5 0.00000000 0.00000000 4.04506932 0.00000000 1000.00000000
M6 0.00000000 0.00000000 4.09673613 0.00000000 1000.00000000
M7 0.00000000 0.00000000 4.51006961 0.00000000 1000.00000000
M8 0.00000000 0.00000000 4.63923614 0.00000000 1000.00000000
M9 0.00000000 0.00000000 5.06979131 0.00000000 1000.00000000
B1 0.00000000 0.00000000 6.06006929 0.00000000 1000.00000000
B2 0.00000000 0.00000000 6.06007029 0.00000000 1000.00000000
B3 0.00000000 0.00000000 6.06006906 0.00000000 1000.00000000
B4 0.00000000 0.00000000 6.06006908 0.00000000 1000.00000000
OC 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.
NOTE: All classes per $1,000 denominations
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 48,079,715.09
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 0.00
Gains & Subsequent Recoveries (Realized Losses) 0.00
Prepayment Penalties 789,964.00
Swap/Cap Payments 0.00
Total Deposits 48,869,679.09
Withdrawals
Swap Payments 0.00
Reserve Funds and Credit Enhancements 0.00
Total Administration Fees 439,532.12
Payment of Interest and Principal 48,430,146.97
Total Withdrawals (Pool Distribution Amount) 48,869,679.09
Ending Balance 0.00
<FN>
Servicer Advances are calculated as delinquent scheduled principal and interest.
</FN>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
ADMINISTRATION FEES
<s> <c>
Gross Servicing Fee* 428,811.83
Master Servicing Fee 10,720.29
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 439,532.12
<FN>
*Servicer Payees include: AAMES CAPITAL CORPORATION
</FN>
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.327575%
Weighted Average Net Coupon 6.827575%
Weighted Average Pass-Through Rate 6.815075%
Weighted Average Remaining Term 353
Beginning Scheduled Collateral Loan Count 5,930
Number Of Loans Paid In Full 190
Ending Scheduled Collateral Loan Count 5,740
Beginning Scheduled Collateral Balance 1,029,148,387.43
Ending Scheduled Collateral Balance 987,352,973.44
Ending Actual Collateral Balance at 31-Oct-2005 988,069,657.99
Monthly P&I Constant 6,965,726.98
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 789,964.00
Prepayment Penalty Paid Count Not Available
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 681,425.66
Unscheduled Principal 41,113,988.33
Group Level Collateral Statement
<s> <c> <c>
Group 1 2
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM
Weighted Average Coupon Rate 7.042982 7.609350
Weighted Average Net Rate 6.542982 7.109350
Pass-Through Rate 6.530482 7.096850
Weighted Average Remaining Term 353 353
Record Date 10/31/2005 10/31/2005
Principal And Interest Constant 3,323,780.74 3,641,946.24
Beginning Loan Count 1,817 4,113
Loans Paid in Full 75 115
Ending Loan Count 1,742 3,998
Beginning Scheduled Balance 512,014,486.46 517,133,900.97
Ending Scheduled Balance 488,724,911.57 498,628,061.87
Scheduled Principal 318,690.01 362,735.65
Unscheduled Principal 22,970,884.88 18,143,103.45
Scheduled Interest 3,005,090.73 3,279,210.59
Servicing Fees 213,339.37 215,472.46
Master Servicing Fees 5,333.48 5,386.81
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
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 2,786,417.88 3,058,351.32
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 Not Available
Prepayment Penalty Paid Count Not Available Not Available
Special Servicing Fee 0.00 0.00
Group Level Collateral Statement
<s> <c> <c>
Group Total
Collateral Description Mixed Fixed & Arm
Weighted Average Coupon Rate 7.327575
Weighted Average Net Rate 6.827575
Pass-Through Rate 6.815075
Weighted Average Remaining Term 353
Record Date 10/31/2005
Principal And Interest Constant 6,965,726.98
Beginning Loan Count 5,930
Loans Paid in Full 190
Ending Loan Count 5,740
Beginning Scheduled Balance 1,029,148,387.43
Ending Scheduled Balance 987,352,973.44
Scheduled Principal 681,425.66
Unscheduled Principal 41,113,988.33
Scheduled Interest 6,284,301.32
Servicing Fees 428,811.83
Master Servicing Fees 10,720.29
Trustee Fee 0.00
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 5,844,769.20
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 789,964.00
Prepayment Penalty Paid Count Not Available
Special Servicing Fee 0.00
Additional Reporting - Deal Level
Miscellaneous Reporting
<s> <c>
LIBOR Index 4.037500%
Group 1 Cap Payment 0.00
Group 2 Cap Payment 0.00
Subordinate Cap Payment 0.00
Prepayment Penalties 789,964.00
Servicer Termination Trigger Event NO
Target Overcollateralization 13,900,088.16
Overcollateralization Amount 13,900,088.16
Overcollateralization Increase 0.00
Overcollateralization Reduction 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 18 1 0 19
2,662,830.23 182,180.23 0.00 2,845,010.46
30 Days 131 6 0 0 137
19,299,711.34 809,392.94 0.00 0.00 20,109,104.28
60 Days 39 4 10 0 53
4,542,215.72 322,467.38 3,351,190.20 0.00 8,215,873.30
90 Days 22 0 17 0 39
2,746,933.76 0.00 4,149,814.37 0.00 6,896,748.13
120 Days 8 2 22 0 32
858,353.03 246,400.00 4,046,059.57 0.00 5,150,812.60
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 200 30 50 0 280
27,447,213.85 4,041,090.55 11,729,244.37 0.00 43,217,548.77
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 0.313589% 0.017422% 0.000000% 0.331010%
0.269498% 0.018438% 0.000000% 0.287936%
30 Days 2.282230% 0.104530% 0.000000% 0.000000% 2.386760%
1.953274% 0.081917% 0.000000% 0.000000% 2.035191%
60 Days 0.679443% 0.069686% 0.174216% 0.000000% 0.923345%
0.459706% 0.032636% 0.339165% 0.000000% 0.831507%
90 Days 0.383275% 0.000000% 0.296167% 0.000000% 0.679443%
0.278010% 0.000000% 0.419992% 0.000000% 0.698002%
120 Days 0.139373% 0.034843% 0.383275% 0.000000% 0.557491%
0.086872% 0.024938% 0.409491% 0.000000% 0.521301%
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 3.484321% 0.522648% 0.871080% 0.000000% 4.878049%
2.777862% 0.408988% 1.187087% 0.000000% 4.373937%
<FN>
</FN>
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 284,415.44
Delinquency Status By Group
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
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 3 0 0 3
931,638.88 0.00 0.00 931,638.88
30 Days 36 0 0 0 36
9,720,254.86 0.00 0.00 0.00 9,720,254.86
60 Days 4 0 8 0 12
1,045,847.37 0.00 2,907,337.65 0.00 3,953,185.02
90 Days 5 0 10 0 15
1,063,749.06 0.00 3,045,311.83 0.00 4,109,060.89
120 Days 1 0 11 0 12
164,400.00 0.00 2,829,344.97 0.00 2,993,744.97
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 46 3 29 0 78
11,994,251.29 931,638.88 8,781,994.45 0.00 21,707,884.62
0-29 Days 0.172216% 0.000000% 0.000000% 0.172216%
0.190494% 0.000000% 0.000000% 0.190494%
30 Days 2.066590% 0.000000% 0.000000% 0.000000% 2.066590%
1.987518% 0.000000% 0.000000% 0.000000% 1.987518%
60 Days 0.229621% 0.000000% 0.459242% 0.000000% 0.688863%
0.213846% 0.000000% 0.594469% 0.000000% 0.808315%
90 Days 0.287026% 0.000000% 0.574053% 0.000000% 0.861079%
0.217507% 0.000000% 0.622680% 0.000000% 0.840187%
120 Days 0.057405% 0.000000% 0.631458% 0.000000% 0.688863%
0.033615% 0.000000% 0.578521% 0.000000% 0.612136%
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 2.640643% 0.172216% 1.664753% 0.000000% 4.477612%
2.452486% 0.190494% 1.795670% 0.000000% 4.438650%
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
<s> <c> <c> <c> <c> <c>
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 15 1 0 16
1,731,191.35 182,180.23 0.00 1,913,371.58
30 Days 95 6 0 0 101
9,579,456.48 809,392.94 0.00 0.00 10,388,849.42
60 Days 35 4 2 0 41
3,496,368.35 322,467.38 443,852.55 0.00 4,262,688.28
90 Days 17 0 7 0 24
1,683,184.70 0.00 1,104,502.54 0.00 2,787,687.24
120 Days 7 2 11 0 20
693,953.03 246,400.00 1,216,714.60 0.00 2,157,067.63
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 154 27 21 0 202
15,452,962.56 3,109,451.67 2,947,249.92 0.00 21,509,664.15
0-29 Days 0.375188% 0.025013% 0.000000% 0.400200%
0.346929% 0.036509% 0.000000% 0.383438%
30 Days 2.376188% 0.150075% 0.000000% 0.000000% 2.526263%
1.919713% 0.162201% 0.000000% 0.000000% 2.081914%
60 Days 0.875438% 0.100050% 0.050025% 0.000000% 1.025513%
0.700669% 0.064622% 0.088948% 0.000000% 0.854238%
90 Days 0.425213% 0.000000% 0.175088% 0.000000% 0.600300%
0.337308% 0.000000% 0.221341% 0.000000% 0.558650%
120 Days 0.175088% 0.050025% 0.275138% 0.000000% 0.500250%
0.139067% 0.049378% 0.243828% 0.000000% 0.432274%
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 3.851926% 0.675338% 0.525263% 0.000000% 5.052526%
3.096757% 0.623131% 0.590626% 0.000000% 4.310514%
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 Dec-04 0.000%
Original Principal Balance 0.00 Jan-05 0.000%
Current Principal Balance 0.00 Feb-05 0.000%
Mar-05 0.000%
Current REO Total Apr-05 0.000%
Loans in REO 0 May-05 0.000%
Original Principal Balance 0.00 Jun-05 0.000%
Current Principal Balance 0.00 Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.024%
Nov-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Dec-04 0.000%
Original Principal Balance 0.00 Jan-05 0.000%
Current Principal Balance 0.00 Feb-05 0.000%
Mar-05 0.000%
Current REO Total Apr-05 0.000%
Loans in REO 0 May-05 0.000%
Original Principal Balance 0.00 Jun-05 0.000%
Current Principal Balance 0.00 Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.049%
Nov-05 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Dec-04 0.000%
Original Principal Balance 0.00 Jan-05 0.000%
Current Principal Balance 0.00 Feb-05 0.000%
Mar-05 0.000%
Current REO Total Apr-05 0.000%
Loans in REO 0 May-05 0.000%
Original Principal Balance 0.00 Jun-05 0.000%
Current Principal Balance 0.00 Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.000%
Nov-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 19 Dec-04 0.000%
Original Principal Balance 4,919,617.63 Jan-05 0.000%
Current Principal Balance 4,913,251.89 Feb-05 0.000%
Mar-05 0.000%
Current Foreclosure Total Apr-05 0.000%
Loans in Foreclosure 50 May-05 0.000%
Original Principal Balance 11,740,948.26 Jun-05 0.000%
Current Principal Balance 11,729,244.37 Jul-05 0.060%
Aug-05 0.235%
Sep-05 0.557%
Oct-05 0.748%
Nov-05 1.187%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 12 Dec-04 0.000%
Original Principal Balance 3,770,904.00 Jan-05 0.000%
Current Principal Balance 3,765,704.40 Feb-05 0.000%
Mar-05 0.000%
Current Foreclosure Total Apr-05 0.000%
Loans in Foreclosure 29 May-05 0.000%
Original Principal Balance 8,790,835.00 Jun-05 0.000%
Current Principal Balance 8,781,994.45 Jul-05 0.063%
Aug-05 0.268%
Sep-05 0.719%
Oct-05 1.153%
Nov-05 1.796%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 7 Dec-04 0.000%
Original Principal Balance 1,148,713.63 Jan-05 0.000%
Current Principal Balance 1,147,547.49 Feb-05 0.000%
Mar-05 0.000%
Current Foreclosure Total Apr-05 0.000%
Loans in Foreclosure 21 May-05 0.000%
Original Principal Balance 2,950,113.26 Jun-05 0.000%
Current Principal Balance 2,947,249.92 Jul-05 0.057%
Aug-05 0.201%
Sep-05 0.395%
Oct-05 0.348%
Nov-05 0.591%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number FC Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
1 0003458221 Nov-2005 01-May-2005 VA 90.00 252,000.00
1 0003532579 Nov-2005 01-May-2005 MA 80.00 348,000.00
1 0003671229 Nov-2005 01-May-2005 FL 80.00 252,000.00
1 0003678661 Sep-2005 01-May-2005 WA 80.00 209,560.00
1 0003687415 Nov-2005 01-May-2005 TX 80.00 272,000.00
1 0003698206 Nov-2005 01-May-2005 TX 80.00 187,200.00
1 0003710985 Nov-2005 01-May-2005 AZ 80.00 281,600.00
1 0003731668 Nov-2005 01-May-2005 NY 80.00 436,000.00
1 0003744638 Nov-2005 01-May-2005 TX 80.00 260,000.00
1 0003750932 Oct-2005 01-May-2005 CA 80.00 413,600.00
1 0003753886 Sep-2005 01-May-2005 OH 75.00 285,000.00
1 0003756582 Oct-2005 01-May-2005 NY 72.86 255,000.00
1 0003811452 Nov-2005 01-May-2005 FL 80.00 512,000.00
1 0003842283 Sep-2005 01-May-2005 OK 80.00 197,748.00
1 0003856465 Sep-2005 01-Jun-2005 CA 80.00 316,000.00
1 0003876687 Nov-2005 01-May-2005 TX 80.00 372,000.00
1 0003902244 Nov-2005 01-Jun-2005 MA 80.00 281,600.00
1 0003906336 Nov-2005 01-Jun-2005 CA 80.00 300,000.00
1 0003954450 Oct-2005 01-Jul-2005 NY 80.00 360,000.00
1 0003996857 Sep-2005 01-Jun-2005 SC 100.00 220,123.00
1 0004015459 Nov-2005 01-Jun-2005 CA 95.00 475,000.00
1 0004044483 Nov-2005 01-Jun-2005 GA 80.00 244,584.00
1 0004056933 Nov-2005 01-Jun-2005 FL 80.00 279,920.00
1 0004070389 Nov-2005 01-Jul-2005 CA 80.00 240,000.00
1 0004112991 Oct-2005 01-Jun-2005 NY 80.00 304,000.00
1 0004126264 Nov-2005 01-Jun-2005 CA 85.00 433,500.00
1 0004181699 Nov-2005 01-Jul-2005 CA 80.00 298,400.00
1 0004196226 Oct-2005 01-Jul-2005 FL 80.00 268,000.00
1 0004231528 Nov-2005 01-Jul-2005 GA 80.00 236,000.00
2 0003400074 Oct-2005 01-Apr-2005 FL 91.72 132,927.81
2 0003410719 Sep-2005 01-Apr-2005 UT 80.00 103,121.94
2 0003485828 Nov-2005 01-Apr-2005 PA 80.00 65,563.63
2 0003491107 Sep-2005 01-Apr-2005 OH 80.00 167,899.88
2 0003506318 Oct-2005 01-May-2005 MN 80.00 236,000.00
2 0003616182 Nov-2005 01-May-2005 OK 80.00 232,000.00
2 0003628963 Nov-2005 01-May-2005 MO 75.27 35,000.00
2 0003686136 Nov-2005 01-May-2005 FL 90.00 142,200.00
2 0003710167 Sep-2005 01-May-2005 OH 80.00 140,000.00
2 0003715893 Oct-2005 01-May-2005 FL 80.00 132,000.00
2 0003740115 Nov-2005 01-May-2005 WA 79.51 128,800.00
2 0003780947 Nov-2005 01-May-2005 GA 80.00 104,000.00
2 0003785367 Nov-2005 01-May-2005 CT 70.00 245,000.00
2 0003786373 Nov-2005 01-May-2005 WA 80.00 133,600.00
2 0003805322 Nov-2005 01-May-2005 MI 70.00 131,600.00
2 0003870623 Sep-2005 01-Jun-2005 OH 85.00 92,650.00
2 0003901063 Nov-2005 01-Jun-2005 NC 90.00 101,250.00
2 0003926912 Nov-2005 01-Jun-2005 FL 85.00 199,750.00
2 0004037602 Nov-2005 01-Jun-2005 NY 25.97 100,000.00
2 0004089298 Nov-2005 01-Jun-2005 CA 84.61 182,750.00
2 0004158382 Nov-2005 01-Jul-2005 GA 80.00 144,000.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)
Current Paid Current Approximate
Loan Principal To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
1 0003458221 251,856.51 01-May-2005 4 8.800% 10,437.89
1 0003532579 347,660.25 01-Jun-2005 3 9.555% 13,103.86
1 0003671229 251,597.13 01-Jul-2005 2 9.155% 7,252.65
1 0003678661 209,391.59 01-May-2005 4 7.100% 6,896.78
1 0003687415 271,807.24 01-May-2005 4 7.730% 9,809.30
1 0003698206 186,946.92 01-Jun-2005 3 7.980% 5,818.50
1 0003710985 281,369.12 01-May-2005 4 6.999% 9,125.32
1 0003731668 433,772.48 01-Jul-2005 2 6.980% 9,357.43
1 0003744638 259,806.27 01-May-2005 4 7.480% 9,051.22
1 0003750932 412,434.58 01-Jul-2005 2 6.330% 8,003.50
1 0003753886 284,776.71 01-May-2005 4 7.230% 9,564.97
1 0003756582 254,866.54 01-May-2005 4 9.205% 11,079.25
1 0003811452 510,836.82 01-Jul-2005 2 7.430% 11,786.67
1 0003842283 197,747.99 01-May-2005 4 7.040% 6,466.37
1 0003856465 316,000.00 01-May-2005 4 6.340% 9,227.16
1 0003876687 371,362.62 01-Jun-2005 3 6.790% 9,715.86
1 0003902244 281,600.00 01-May-2005 4 6.390% 8,293.14
1 0003906336 300,000.00 01-Jul-2005 2 6.990% 6,490.00
1 0003954450 360,000.00 01-Jun-2005 3 7.290% 10,169.14
1 0003996857 220,123.00 01-May-2005 4 9.910% 10,344.98
1 0004015459 474,478.05 01-Jul-2005 2 8.990% 13,416.46
1 0004044483 244,298.59 01-Jul-2005 2 8.700% 6,671.55
1 0004056933 279,920.00 01-Jul-2005 2 6.710% 5,794.36
1 0004070389 240,000.00 01-Jun-2005 3 6.050% 5,539.01
1 0004112991 303,798.08 01-Jun-2005 3 8.050% 9,544.11
1 0004126264 433,143.96 01-Jun-2005 3 6.990% 11,693.45
1 0004181699 298,400.00 01-Jun-2005 3 10.750% 12,734.49
1 0004196226 268,000.00 01-Jun-2005 3 7.160% 7,425.11
1 0004231528 236,000.00 01-Jun-2005 3 6.410% 5,800.76
2 0003400074 132,781.78 01-Jun-2005 3 9.030% 4,714.01
2 0003410719 103,043.40 01-May-2005 4 7.405% 3,551.15
2 0003485828 65,526.99 01-May-2005 4 8.930% 2,758.30
2 0003491107 167,799.04 01-May-2005 4 8.580% 6,769.41
2 0003506318 235,715.97 01-Jun-2005 3 8.550% 7,896.62
2 0003616182 231,767.95 01-Jun-2005 3 9.440% 8,624.55
2 0003628963 34,984.53 01-May-2005 4 10.005% 1,660.89
2 0003686136 142,116.65 01-May-2005 4 8.660% 5,790.28
2 0003710167 139,899.99 01-May-2005 4 7.690% 5,020.88
2 0003715893 131,909.25 01-May-2005 4 7.880% 4,859.50
2 0003740115 128,800.00 01-Jun-2005 3 6.980% 3,477.60
2 0003780947 103,934.75 01-May-2005 4 8.330% 4,062.98
2 0003785367 244,372.87 01-Jul-2005 2 6.825% 5,145.48
2 0003786373 133,600.00 01-May-2005 4 6.980% 4,328.64
2 0003805322 131,482.81 01-Jun-2005 3 9.990% 5,194.32
2 0003870623 92,650.00 01-May-2005 4 9.360% 4,099.14
2 0003901063 101,250.00 01-May-2005 4 9.140% 4,368.14
2 0003926912 199,479.68 01-Jul-2005 2 7.975% 4,965.25
2 0004037602 99,954.03 01-Jun-2005 3 9.820% 3,877.92
2 0004089298 182,180.23 01-Sep-2005 0 7.300% 2,063.88
2 0004158382 144,000.00 01-Jun-2005 3 6.510% 3,599.46
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 18 Dec-04 0.000%
Original Principal Balance 2,247,958.33 Jan-05 0.000%
Current Principal Balance 2,241,180.70 Feb-05 0.000%
Mar-05 0.000%
Current Bankruptcy Total Apr-05 0.000%
Loans in Bankruptcy 30 May-05 0.000%
Original Principal Balance 4,053,177.40 Jun-05 0.000%
Current Principal Balance 4,041,090.55 Jul-05 0.000%
Aug-05 0.008%
Sep-05 0.029%
Oct-05 0.179%
Nov-05 0.409%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
1 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 2 Dec-04 0.000%
Original Principal Balance 544,298.82 Jan-05 0.000%
Current Principal Balance 541,222.56 Feb-05 0.000%
Mar-05 0.000%
Current Bankruptcy Total Apr-05 0.000%
Loans in Bankruptcy 3 May-05 0.000%
Original Principal Balance 935,798.82 Jun-05 0.000%
Current Principal Balance 931,638.88 Jul-05 0.000%
Aug-05 0.000%
Sep-05 0.000%
Oct-05 0.076%
Nov-05 0.190%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
2 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 16 Dec-04 0.000%
Original Principal Balance 1,703,659.51 Jan-05 0.000%
Current Principal Balance 1,699,958.14 Feb-05 0.000%
Mar-05 0.000%
Current Bankruptcy Total Apr-05 0.000%
Loans in Bankruptcy 27 May-05 0.000%
Original Principal Balance 3,117,378.58 Jun-05 0.000%
Current Principal Balance 3,109,451.67 Jul-05 0.000%
Aug-05 0.016%
Sep-05 0.058%
Oct-05 0.281%
Nov-05 0.623%
*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>
1 0003474822 Nov-2005 01-Apr-2005 NV 80.00 288,548.82
1 0003762507 Oct-2005 01-May-2005 WI 90.00 391,500.00
1 0003762713 Nov-2005 01-May-2005 NV 75.00 255,750.00
2 0003297835 Oct-2005 01-May-2005 IN 80.00 63,600.00
2 0003385721 Nov-2005 01-May-2005 IN 70.00 35,000.00
2 0003465218 Nov-2005 01-Apr-2005 GA 85.00 93,459.51
2 0003471869 Oct-2005 01-May-2005 TN 85.00 53,550.00
2 0003502705 Oct-2005 01-Apr-2005 OH 83.00 99,542.45
2 0003548815 Oct-2005 01-Apr-2005 FL 75.00 102,575.50
2 0003586591 Aug-2005 01-Apr-2005 OK 80.00 91,109.73
2 0003607652 Oct-2005 01-Apr-2005 WA 80.00 207,792.54
2 0003668381 Oct-2005 01-Jun-2005 CA 75.00 120,000.00
2 0003679123 Oct-2005 01-May-2005 FL 85.00 225,148.85
2 0003709896 Nov-2005 01-May-2005 GA 80.00 72,000.00
2 0003731148 Nov-2005 01-May-2005 OK 80.00 100,000.00
2 0003823341 Nov-2005 01-May-2005 FL 90.00 115,200.00
2 0003832631 Nov-2005 01-May-2005 MO 95.00 101,650.00
2 0003833498 Nov-2005 01-Jun-2005 TX 61.54 40,000.00
2 0003839636 Nov-2005 01-Jun-2005 VA 80.00 88,000.00
2 0003853413 Sep-2005 01-Jun-2005 WI 80.00 126,400.00
2 0003882131 Oct-2005 01-May-2005 NJ 80.00 228,000.00
2 0003925120 Sep-2005 01-Jun-2005 OH 80.00 96,000.00
2 0003995107 Nov-2005 01-Jun-2005 FL 95.00 141,550.00
2 0004023271 Nov-2005 01-Jun-2005 GA 80.00 124,800.00
2 0004025409 Nov-2005 01-Jun-2005 WA 76.63 145,600.00
2 0004040812 Nov-2005 01-Jul-2005 PA 67.05 180,000.00
2 0004083150 Nov-2005 01-Jul-2005 WA 89.86 124,000.00
2 0004128542 Nov-2005 01-Jul-2005 OH 80.00 122,400.00
2 0004128799 Nov-2005 01-Jun-2005 MI 80.00 84,000.00
2 0004129607 Nov-2005 01-Jun-2005 HI 85.00 136,000.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued)
Group Loan Current Paid To Months Current Approximate
Number Principal Date Delinquent Loan Rate Delinquent
Balance Interest
<s> <c> <c> <c> <c> <c> <c>
1 0003474822 286,751.40 01-Nov-2005 (1) 6.700% 1,482.90
1 0003762507 390,416.32 01-Oct-2005 0 9.900% 6,117.97
1 0003762713 254,471.16 01-Oct-2005 0 6.990% 2,753.69
2 0003297835 63,495.02 01-Sep-2005 0 11.440% 1,157.52
2 0003385721 34,964.63 01-Jul-2005 2 11.305% 1,258.66
2 0003465218 93,335.98 01-Jul-2005 2 10.100% 2,984.74
2 0003471869 53,388.02 01-Oct-2005 0 9.605% 810.36
2 0003502705 99,248.36 01-Sep-2005 0 8.730% 1,360.94
2 0003548815 102,130.47 01-Oct-2005 0 6.835% 1,078.81
2 0003586591 90,744.09 01-Aug-2005 1 6.030% 1,253.26
2 0003607652 206,739.58 01-Sep-2005 0 5.990% 1,890.70
2 0003668381 120,000.00 01-May-2005 4 7.125% 3,966.99
2 0003679123 224,840.36 01-Aug-2005 1 9.930% 5,298.14
2 0003709896 71,889.56 01-Jul-2005 2 9.380% 2,126.28
2 0003731148 99,659.25 01-Oct-2005 0 8.990% 1,410.58
2 0003823341 114,838.46 01-Oct-2005 0 9.300% 1,684.75
2 0003832631 101,483.43 01-Aug-2005 1 10.440% 2,520.82
2 0003833498 39,887.33 01-Oct-2005 0 8.925% 560.24
2 0003839636 88,000.00 01-Aug-2005 1 7.725% 1,588.42
2 0003853413 126,400.00 01-May-2005 4 8.325% 4,937.56
2 0003882131 226,973.16 01-Sep-2005 0 6.575% 2,297.04
2 0003925120 95,534.47 01-Oct-2005 0 6.190% 906.42
2 0003995107 141,088.42 01-Oct-2005 0 8.300% 1,834.79
2 0004023271 124,547.10 01-Aug-2005 1 8.000% 2,333.65
2 0004025409 145,126.94 01-Oct-2005 0 8.225% 1,869.12
2 0004040812 179,777.96 01-Aug-2005 1 8.430% 3,561.87
2 0004083150 123,753.49 01-Sep-2005 0 8.110% 1,569.09
2 0004128542 122,277.21 01-Jul-2005 2 5.960% 2,222.06
2 0004128799 83,725.39 01-Sep-2005 0 7.060% 915.00
2 0004129607 135,602.99 01-Oct-2005 0 8.750% 1,865.10
Realized Loss Detail Report - Loans with Losses during Current Period
Summary
# Loans Prior Realized Current
with Principal Loss/(Gain) Loss
Group Losses Balance Amount Percentage
<s> <c> <c> <c> <c>
1 0 0.00 0.00 0.000%
2 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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1
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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2
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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 0.000% N/A Jun-2005 0.000% N/A
Jul-2005 0.000% N/A Jul-2005 0.000% N/A
Aug-2005 0.000% N/A Aug-2005 0.000% N/A
Sep-2005 0.000% N/A Sep-2005 0.000% N/A
Oct-2005 0.000% N/A Oct-2005 0.000% N/A
Nov-2005 0.000% N/A Nov-2005 0.000% N/A
*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:
Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance).
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and
less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 -
((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
</FN>
Prepayment Detail - Prepayments during Current Period
Summary
Loans Paid In Full Repurchased Loans
Original Current Original Current
Principal Principal Principal Principal
Group Count Balance Balance Count Balance Balance
<s> <c> <c> <c> <c> <c> <c>
1 75 23,046,727.58 22,971,049.95 0 0.00 0.00
2 115 18,188,275.35 18,126,971.96 0 0.00 0.00
Total 190 41,235,002.93 41,098,021.91 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued)
Summary
Substitution Loans Liquidated Loans Curtailments
Original Current Original Current
Principal Principal Principal Principal Curtailment
Group Count Balance Balance Count Balance Balance Amount
<s> <c> <c> <c> <c> <c> <c> <c>
1 0 0.00 0.00 0 0.00 0.00 13,963.90
2 0 0.00 0.00 0 0.00 0.00 27,390.80
Total 0 0.00 0.00 0 0.00 0.00 41,354.70
Prepayment Loan Detail - Prepayments during Current Period
First Original
Loan LTV at Payment Principal Prepayment
Group Number State Origination Date Balance Amount
<s> <c> <c> <c> <c> <c> <c>
1 0003210077 NY 70.00 01-Apr-2005 321,831.72 320,621.57
1 0003262870 FL 90.00 01-May-2005 216,586.56 215,656.99
1 0003340130 MD 80.00 01-May-2005 249,200.00 249,199.97
1 0003351103 NY 64.18 01-Apr-2005 256,511.28 254,804.42
1 0003358843 NY 80.00 01-Apr-2005 299,816.57 298,495.87
1 0003393667 CA 80.00 01-Apr-2005 328,000.00 328,000.00
1 0003492386 WA 80.00 01-Apr-2005 191,643.74 190,552.00
1 0003493541 NJ 80.00 01-Apr-2005 279,814.21 278,478.28
1 0003493772 CA 85.00 01-Apr-2005 258,797.92 257,411.08
1 0003494390 FL 75.00 01-Apr-2005 250,228.64 248,293.59
1 0003501145 MD 63.21 01-Apr-2005 274,729.10 272,794.17
1 0003505617 FL 70.00 01-Apr-2005 288,112.35 286,058.16
1 0003527470 NY 80.00 01-Apr-2005 339,816.39 338,491.76
1 0003530185 NJ 80.00 01-Apr-2005 275,537.65 274,118.35
1 0003540044 NJ 90.00 01-Apr-2005 395,736.97 393,845.68
1 0003549557 CA 75.00 01-Apr-2005 252,244.55 250,697.63
1 0003556487 FL 80.00 01-Apr-2005 167,200.00 167,200.00
1 0003561016 CA 80.00 01-Apr-2005 227,646.01 226,557.94
1 0003562030 CA 80.00 01-Apr-2005 223,608.08 222,408.41
1 0003565454 CA 80.00 01-Apr-2005 199,786.38 198,262.73
1 0003590122 FL 31.81 01-Apr-2005 349,643.50 347,098.60
1 0003594124 FL 80.00 01-May-2005 240,000.00 240,000.00
1 0003595824 CA 92.42 01-Apr-2005 499,693.96 497,490.51
1 0003603917 FL 85.00 01-Apr-2005 233,526.06 231,925.73
1 0003608494 FL 76.66 01-May-2005 344,718.88 342,997.22
1 0003616794 NY 75.00 01-May-2005 266,250.00 265,350.52
1 0003634334 CA 80.00 01-Apr-2005 228,212.41 226,868.33
1 0003657301 CA 65.96 01-May-2005 343,000.00 340,569.01
1 0003670361 CA 80.00 01-May-2005 297,600.00 297,600.00
1 0003686144 FL 85.00 01-May-2005 323,000.00 321,186.19
1 0003690906 CA 73.18 01-May-2005 472,000.00 472,000.00
1 0003709193 MD 80.00 01-May-2005 339,643.56 337,950.50
1 0003710209 CA 89.74 01-May-2005 350,000.00 348,147.32
1 0003723368 CA 80.00 01-Jun-2005 284,000.00 282,582.72
1 0003728581 CA 56.26 01-May-2005 400,000.00 397,165.02
1 0003737798 FL 85.00 01-May-2005 158,803.70 157,961.50
1 0003738416 CA 95.00 01-May-2005 277,400.00 276,348.22
1 0003751161 CA 72.00 01-May-2005 540,000.00 537,407.17
1 0003760188 FL 80.00 01-May-2005 375,858.59 374,983.10
1 0003761962 CA 80.00 01-May-2005 228,000.00 226,907.41
1 0003773173 CA 73.42 01-May-2005 256,571.85 255,158.12
1 0003798808 CA 83.12 01-May-2005 320,000.00 317,602.87
1 0003800323 VA 80.00 01-May-2005 215,919.99 215,919.96
1 0003812963 NY 80.00 01-May-2005 335,728.63 334,065.89
1 0003835592 RI 90.00 01-May-2005 198,900.00 198,125.26
1 0003844545 IL 80.00 01-May-2005 201,600.00 200,373.82
1 0003848009 CA 90.00 01-May-2005 288,000.00 286,752.45
1 0003866456 NY 80.00 01-May-2005 223,280.00 221,879.29
1 0003876984 CA 77.94 01-May-2005 264,803.33 263,597.22
1 0003889029 CA 95.00 01-May-2005 194,750.00 193,789.77
1 0003898012 AZ 94.83 01-Jun-2005 275,000.00 273,693.21
1 0003928207 CA 80.00 01-Jun-2005 218,400.00 217,485.98
1 0003952686 MD 80.00 01-May-2005 228,000.00 226,842.26
1 0003961687 CA 80.00 01-Jun-2005 452,000.00 451,999.99
1 0003963758 WA 70.00 01-Jun-2005 329,000.00 327,006.35
1 0003968948 CA 90.00 01-Jun-2005 355,500.00 353,725.91
1 0003972742 CA 85.00 01-Jun-2005 425,000.00 423,537.74
1 0003979564 CA 80.00 01-Jun-2005 367,200.00 367,200.00
1 0003979630 FL 89.11 01-Jul-2005 499,000.00 497,473.16
1 0003989688 CA 58.40 01-Jun-2005 292,000.00 290,743.28
1 0004004909 CA 90.00 01-Jun-2005 405,900.00 403,917.48
1 0004010161 CA 94.79 01-Jun-2005 400,000.00 399,025.12
1 0004014288 CA 90.00 01-Jun-2005 355,500.00 354,132.94
1 0004014908 CA 80.00 01-Jun-2005 269,600.00 269,574.18
1 0004038246 FL 80.00 01-Jun-2005 380,000.00 380,000.00
1 0004039798 CA 80.00 01-Jun-2005 392,000.00 392,000.00
1 0004048724 HI 75.00 01-Jun-2005 600,000.00 597,992.21
1 0004056479 FL 95.00 01-Jun-2005 170,050.00 169,560.12
1 0004066353 NV 66.67 01-Jun-2005 260,000.00 258,696.09
1 0004083580 CA 77.92 01-Jun-2005 600,000.00 600,000.00
1 0004088035 FL 85.00 01-Jun-2005 250,325.00 249,457.48
1 0004100863 NY 73.00 01-Jul-2005 219,000.00 217,893.72
1 0004112942 FL 80.00 01-Jun-2005 204,000.00 203,317.29
1 0004113593 CA 80.00 01-Jun-2005 512,000.00 512,000.00
1 0004127486 CA 72.58 01-Jun-2005 239,500.00 237,894.15
2 0002763530 CA 80.00 01-Apr-2005 150,180.09 149,179.79
2 0003168051 MD 65.00 01-Apr-2005 139,693.01 138,816.66
2 0003216496 MI 70.00 01-May-2005 55,961.39 55,727.34
2 0003266632 WI 85.00 01-Apr-2005 148,599.95 148,135.49
2 0003273224 OK 80.00 01-Apr-2005 75,968.33 75,738.90
2 0003292752 MD 72.73 01-Apr-2005 240,000.00 239,999.90
2 0003334984 NY 54.78 01-May-2005 195,000.00 194,400.72
2 0003363579 AZ 80.00 01-Apr-2005 215,784.56 214,246.06
2 0003370988 NY 72.03 01-Apr-2005 84,961.64 84,683.96
2 0003374683 NY 54.89 01-May-2005 247,000.00 246,291.53
2 0003418035 FL 80.00 01-Apr-2005 119,929.95 119,425.20
2 0003421542 NV 75.00 01-Apr-2005 191,683.06 190,709.88
2 0003423712 NJ 58.96 01-May-2005 227,000.00 225,699.73
2 0003425196 PA 80.00 01-Apr-2005 155,081.43 154,230.81
2 0003425709 FL 80.00 01-Apr-2005 154,191.27 153,548.21
2 0003425782 FL 80.00 01-Apr-2005 105,471.07 105,073.18
2 0003435344 FL 90.00 01-Apr-2005 100,741.40 100,319.14
2 0003444056 MD 90.00 01-Apr-2005 204,136.03 203,626.65
2 0003457348 AZ 80.00 01-Apr-2005 144,561.92 143,830.83
2 0003458023 VA 62.85 01-Apr-2005 219,870.91 218,940.83
2 0003469053 CA 75.00 01-Apr-2005 213,749.99 213,749.97
2 0003484250 CA 25.00 01-Apr-2005 59,950.86 59,598.75
2 0003495397 CA 80.00 01-Apr-2005 211,668.22 210,648.57
2 0003497039 NV 80.00 01-Apr-2005 175,884.28 174,968.65
2 0003502804 FL 90.00 01-May-2005 136,800.00 136,182.86
2 0003506144 NY 72.85 01-Apr-2005 101,889.42 101,547.50
2 0003515129 WI 90.00 01-Apr-2005 93,037.89 92,691.83
2 0003531225 FL 90.00 01-May-2005 103,500.00 102,960.04
2 0003536273 FL 72.97 01-Apr-2005 108,000.00 108,000.00
2 0003539160 VA 68.83 01-Jun-2005 206,500.00 206,129.89
2 0003542305 NY 71.85 01-May-2005 233,500.00 232,624.67
2 0003543402 NV 70.00 01-Apr-2005 127,944.25 127,463.56
2 0003544343 MD 70.00 01-Apr-2005 171,374.12 170,470.46
2 0003547254 RI 85.00 01-May-2005 220,879.28 220,135.70
2 0003547536 CA 80.00 01-Apr-2005 179,678.70 178,693.45
2 0003548336 CA 56.41 01-Apr-2005 109,846.63 108,951.83
2 0003550076 CT 80.00 01-May-2005 164,000.00 163,162.26
2 0003550498 NY 75.00 01-Apr-2005 221,158.30 220,493.99
2 0003575685 AZ 85.00 01-Apr-2005 139,321.44 138,754.35
2 0003576295 MD 78.18 01-May-2005 214,841.78 213,870.68
2 0003577285 MD 75.00 01-Apr-2005 206,089.10 204,935.27
2 0003579802 FL 50.43 01-May-2005 58,000.00 57,636.10
2 0003583408 AZ 80.00 01-May-2005 88,000.00 87,485.13
2 0003583440 CO 73.07 01-Apr-2005 204,600.00 204,600.00
2 0003590759 TX 80.00 01-Apr-2005 83,889.83 83,550.24
2 0003591906 NY 80.00 01-May-2005 132,000.00 131,604.73
2 0003602646 FL 63.51 01-May-2005 126,000.00 125,454.20
2 0003611852 AZ 80.00 01-May-2005 138,820.00 137,806.01
2 0003613270 AZ 63.17 01-Jun-2005 117,500.00 117,180.86
2 0003618303 MI 85.00 01-May-2005 139,291.25 138,655.39
2 0003627627 FL 87.35 01-Apr-2005 137,035.34 136,214.05
2 0003630357 ME 78.41 01-Apr-2005 246,552.21 245,100.53
2 0003643061 CA 58.33 01-May-2005 174,849.33 173,927.32
2 0003645256 VA 80.00 01-May-2005 184,000.00 184,000.00
2 0003653003 TN 90.00 01-May-2005 114,300.00 113,751.17
2 0003667318 FL 80.00 01-May-2005 162,400.00 162,398.05
2 0003671302 CT 68.18 01-May-2005 210,000.00 208,387.68
2 0003673886 CA 70.00 01-May-2005 125,886.75 125,194.17
2 0003675063 CA 80.00 01-May-2005 122,322.82 121,848.40
2 0003688785 CA 80.00 01-May-2005 200,000.00 198,829.81
2 0003691912 NC 95.00 01-May-2005 80,275.00 80,002.34
2 0003694122 CA 80.00 01-May-2005 246,400.00 246,400.00
2 0003694619 CA 80.00 01-May-2005 151,900.00 151,600.00
2 0003699204 MD 69.24 01-May-2005 190,400.00 189,884.53
2 0003705357 CA 76.06 01-May-2005 142,862.47 142,022.28
2 0003720026 CA 80.00 01-May-2005 244,000.00 242,239.41
2 0003724499 AZ 95.00 01-May-2005 142,500.00 141,993.55
2 0003725256 NJ 80.00 01-May-2005 240,000.00 239,066.20
2 0003744216 MD 80.00 01-May-2005 216,673.75 215,896.85
2 0003744398 MI 80.00 01-May-2005 100,800.00 100,110.79
2 0003745676 FL 40.00 01-May-2005 49,967.65 49,768.89
2 0003756772 AZ 80.00 01-Jun-2005 148,800.00 147,903.79
2 0003756970 OH 75.00 01-May-2005 91,447.90 91,127.19
2 0003758851 CA 41.46 01-May-2005 170,000.00 168,690.39
2 0003771201 DE 73.95 01-May-2005 122,014.99 122,014.95
2 0003772332 OH 90.00 01-May-2005 136,800.00 136,097.02
2 0003783354 CA 80.00 01-May-2005 238,400.00 238,399.97
2 0003805595 CA 67.50 01-May-2005 242,855.79 241,968.58
2 0003811775 NY 80.00 01-Jun-2005 242,400.00 241,190.28
2 0003820701 FL 75.00 01-May-2005 150,000.00 149,511.50
2 0003826427 MD 80.00 01-Jun-2005 168,000.00 167,399.77
2 0003837150 OR 70.00 01-Jun-2005 84,000.00 83,737.97
2 0003861507 MD 46.46 01-Jun-2005 223,000.00 222,999.96
2 0003863297 MD 80.00 01-Jun-2005 160,000.00 159,486.70
2 0003885373 CA 85.00 01-Jun-2005 182,750.00 181,957.57
2 0003893583 MN 70.00 01-Jun-2005 94,500.00 94,233.04
2 0003895794 CA 70.00 01-Jun-2005 189,000.00 188,300.72
2 0003902061 AZ 80.00 01-Jun-2005 149,600.00 148,946.46
2 0003908803 FL 80.00 01-May-2005 144,000.00 143,464.07
2 0003910205 FL 80.00 01-May-2005 76,080.00 75,527.39
2 0003917929 VA 80.00 01-Jun-2005 100,800.00 100,800.00
2 0003919545 CA 65.54 01-Jun-2005 213,000.00 211,777.28
2 0003927720 CA 66.20 01-Jun-2005 235,000.00 234,999.99
2 0003937273 GA 80.00 01-Jun-2005 83,920.00 83,589.34
2 0003968393 CA 46.15 01-Jun-2005 210,000.00 208,916.70
2 0003969359 NJ 79.37 01-Jun-2005 200,000.00 199,286.68
2 0003970308 CA 63.78 01-Jun-2005 236,000.00 235,028.03
2 0003981073 MD 90.00 01-Jul-2005 154,800.00 154,449.95
2 0003983731 CA 71.13 01-Jun-2005 110,250.00 109,722.08
2 0004000683 WA 80.00 01-Jun-2005 128,000.00 127,261.73
2 0004008181 CA 85.00 01-Jun-2005 180,200.00 179,424.43
2 0004016010 CA 38.55 01-Jun-2005 160,000.00 159,276.28
2 0004022711 MA 20.92 01-Jun-2005 100,000.00 99,520.12
2 0004022950 MD 80.00 01-Jun-2005 141,600.00 140,741.43
2 0004035382 RI 89.56 01-Jun-2005 201,500.00 200,644.83
2 0004041612 FL 85.00 01-Jun-2005 143,650.00 143,169.29
2 0004048112 FL 83.09 01-Jun-2005 172,000.00 171,103.22
2 0004068896 NV 85.00 01-Jul-2005 170,000.00 169,477.70
2 0004070868 FL 70.00 01-Jun-2005 122,500.00 121,848.80
2 0004072450 NY 65.00 01-Jun-2005 240,500.00 239,681.00
2 0004081519 MD 80.00 01-Jul-2005 128,000.00 127,469.23
2 0004081766 FL 70.00 01-Jul-2005 77,000.00 76,594.12
2 0004082723 WI 73.57 01-Jul-2005 77,250.00 76,974.57
2 0004115077 CA 56.67 01-Jun-2005 136,000.00 135,260.81
2 0004116109 CA 90.00 01-Jun-2005 306,000.00 304,469.95
Prepayment Loan Detail - Prepayments during Current Period (continued)
Current
Loan PIF Months Loan Original
Group Number Type Delinquent Rate Term Seasoning
<s> <c> <c> <c> <c> <c> <c>
1 0003210077 Loan Paid in Full 0 9.230% 358 7
1 0003262870 Loan Paid in Full 0 7.800% 359 6
1 0003340130 Loan Paid in Full 0 7.392% 359 6
1 0003351103 Loan Paid in Full 0 6.355% 358 7
1 0003358843 Loan Paid in Full 0 8.455% 358 7
1 0003393667 Loan Paid in Full 2 6.750% 358 7
1 0003492386 Loan Paid in Full 0 6.380% 358 7
1 0003493541 Loan Paid in Full 0 8.055% 358 7
1 0003493772 Loan Paid in Full 0 6.700% 358 7
1 0003494390 Loan Paid in Full 0 5.555% 358 7
1 0003501145 Loan Paid in Full 0 6.055% 358 7
1 0003505617 Loan Paid in Full 0 5.990% 358 7
1 0003527470 Loan Paid in Full 0 9.055% 358 7
1 0003530185 Loan Paid in Full 0 6.905% 358 7
1 0003540044 Loan Paid in Full 0 8.050% 358 7
1 0003549557 Loan Paid in Full 0 5.990% 358 7
1 0003556487 Loan Paid in Full 0 6.630% 358 7
1 0003561016 Loan Paid in Full 0 7.290% 358 7
1 0003562030 Loan Paid in Full 0 6.700% 358 7
1 0003565454 Loan Paid in Full 0 5.630% 358 7
1 0003590122 Loan Paid in Full 0 5.880% 358 7
1 0003594124 Loan Paid in Full 0 6.730% 359 6
1 0003595824 Loan Paid in Full 0 8.450% 358 7
1 0003603917 Loan Paid in Full 0 6.200% 358 7
1 0003608494 Loan Paid in Full 0 7.030% 359 6
1 0003616794 Loan Paid in Full 0 9.705% 359 6
1 0003634334 Loan Paid in Full 0 6.990% 358 7
1 0003657301 Loan Paid in Full 0 5.990% 359 6
1 0003670361 Loan Paid in Full 0 6.500% 359 6
1 0003686144 Loan Paid in Full 0 7.200% 359 6
1 0003690906 Loan Paid in Full (1) 6.500% 359 6
1 0003709193 Loan Paid in Full 0 7.040% 359 6
1 0003710209 Loan Paid in Full 0 7.500% 359 6
1 0003723368 Loan Paid in Full 0 7.000% 360 5
1 0003728581 Loan Paid in Full 0 5.990% 359 6
1 0003737798 Loan Paid in Full 0 7.200% 359 6
1 0003738416 Loan Paid in Full 0 9.150% 359 6
1 0003751161 Loan Paid in Full 0 7.990% 359 6
1 0003760188 Loan Paid in Full (1) 10.755% 359 6
1 0003761962 Loan Paid in Full 0 8.000% 359 6
1 0003773173 Loan Paid in Full 1 6.550% 359 6
1 0003798808 Loan Paid in Full 0 5.695% 359 6
1 0003800323 Loan Paid in Full 0 6.680% 359 6
1 0003812963 Loan Paid in Full 0 7.075% 359 6
1 0003835592 Loan Paid in Full 0 9.200% 359 6
1 0003844545 Loan Paid in Full 0 6.790% 359 6
1 0003848009 Loan Paid in Full 0 8.500% 359 6
1 0003866456 Loan Paid in Full 0 6.630% 359 6
1 0003876984 Loan Paid in Full 0 7.500% 359 6
1 0003889029 Loan Paid in Full 0 7.875% 359 6
1 0003898012 Loan Paid in Full 0 7.250% 360 5
1 0003928207 Loan Paid in Full 0 7.890% 360 5
1 0003952686 Loan Paid in Full 0 7.710% 359 6
1 0003961687 Loan Paid in Full 0 6.500% 360 5
1 0003963758 Loan Paid in Full (1) 5.990% 360 5
1 0003968948 Loan Paid in Full 0 7.000% 360 5
1 0003972742 Loan Paid in Full 0 8.855% 360 5
1 0003979564 Loan Paid in Full 0 6.440% 360 5
1 0003979630 Loan Paid in Full 0 8.520% 360 5
1 0003989688 Loan Paid in Full 0 7.750% 360 5
1 0004004909 Loan Paid in Full 0 7.110% 360 5
1 0004010161 Loan Paid in Full 2 10.500% 360 5
1 0004014288 Loan Paid in Full 0 8.310% 360 5
1 0004014908 Loan Paid in Full 0 7.140% 360 5
1 0004038246 Loan Paid in Full 0 6.550% 360 5
1 0004039798 Loan Paid in Full 0 6.930% 360 5
1 0004048724 Loan Paid in Full 0 8.990% 360 5
1 0004056479 Loan Paid in Full 0 9.710% 360 5
1 0004066353 Loan Paid in Full 0 6.975% 360 5
1 0004083580 Loan Paid in Full 0 7.700% 360 5
1 0004088035 Loan Paid in Full 0 8.820% 360 5
1 0004100863 Loan Paid in Full 0 5.975% 360 5
1 0004112942 Loan Paid in Full 0 8.990% 360 5
1 0004113593 Loan Paid in Full 0 6.990% 360 5
1 0004127486 Loan Paid in Full 0 5.450% 360 5
2 0002763530 Loan Paid in Full 0 6.350% 358 7
2 0003168051 Loan Paid in Full 0 10.380% 358 7
2 0003216496 Loan Paid in Full 0 7.930% 359 6
2 0003266632 Loan Paid in Full (1) 9.400% 358 7
2 0003273224 Loan Paid in Full 0 10.280% 358 7
2 0003292752 Loan Paid in Full 0 6.005% 358 7
2 0003334984 Loan Paid in Full 0 10.155% 359 6
2 0003363579 Loan Paid in Full 0 5.990% 358 7
2 0003370988 Loan Paid in Full 0 9.990% 358 7
2 0003374683 Loan Paid in Full 2 10.480% 359 6
2 0003418035 Loan Paid in Full 0 8.680% 358 7
2 0003421542 Loan Paid in Full 0 6.980% 358 7
2 0003423712 Loan Paid in Full 0 7.917% 359 6
2 0003425196 Loan Paid in Full 0 7.355% 358 7
2 0003425709 Loan Paid in Full 0 7.980% 358 7
2 0003425782 Loan Paid in Full 0 8.480% 358 7
2 0003435344 Loan Paid in Full 0 8.700% 358 7
2 0003444056 Loan Paid in Full 0 10.475% 358 7
2 0003457348 Loan Paid in Full (1) 7.000% 358 7
2 0003458023 Loan Paid in Full 0 8.655% 358 7
2 0003469053 Loan Paid in Full 0 6.755% 358 7
2 0003484250 Loan Paid in Full 0 7.005% 358 7
2 0003495397 Loan Paid in Full 0 7.250% 358 7
2 0003497039 Loan Paid in Full 0 8.100% 358 7
2 0003502804 Loan Paid in Full 0 8.300% 359 6
2 0003506144 Loan Paid in Full 0 9.055% 358 7
2 0003515129 Loan Paid in Full 0 8.550% 358 7
2 0003531225 Loan Paid in Full 0 7.580% 359 6
2 0003536273 Loan Paid in Full 0 5.930% 358 7
2 0003539160 Loan Paid in Full 0 11.918% 360 5
2 0003542305 Loan Paid in Full 0 9.205% 359 6
2 0003543402 Loan Paid in Full (2) 8.500% 358 7
2 0003544343 Loan Paid in Full 0 7.555% 358 7
2 0003547254 Loan Paid in Full 0 9.000% 359 6
2 0003547536 Loan Paid in Full 0 6.580% 358 7
2 0003548336 Loan Paid in Full 0 6.300% 358 7
2 0003550076 Loan Paid in Full 0 7.680% 359 6
2 0003550498 Loan Paid in Full 0 10.305% 358 7
2 0003575685 Loan Paid in Full 0 8.850% 358 7
2 0003576295 Loan Paid in Full 0 7.542% 359 6
2 0003577285 Loan Paid in Full 0 7.250% 358 7
2 0003579802 Loan Paid in Full 0 6.630% 359 6
2 0003583408 Loan Paid in Full 0 6.990% 359 6
2 0003583440 Loan Paid in Full 0 6.600% 358 7
2 0003590759 Loan Paid in Full (1) 8.130% 358 7
2 0003591906 Loan Paid in Full 1 10.455% 359 6
2 0003602646 Loan Paid in Full 1 8.500% 359 6
2 0003611852 Loan Paid in Full 0 5.830% 359 6
2 0003613270 Loan Paid in Full 0 9.990% 360 5
2 0003618303 Loan Paid in Full 0 7.500% 359 6
2 0003627627 Loan Paid in Full 0 6.900% 358 7
2 0003630357 Loan Paid in Full 0 6.500% 358 7
2 0003643061 Loan Paid in Full 0 6.750% 359 6
2 0003645256 Loan Paid in Full 0 6.905% 359 6
2 0003653003 Loan Paid in Full 0 7.990% 359 6
2 0003667318 Loan Paid in Full 0 6.425% 359 6
2 0003671302 Loan Paid in Full 0 7.555% 359 6
2 0003673886 Loan Paid in Full 0 6.530% 359 6
2 0003675063 Loan Paid in Full 0 8.305% 359 6
2 0003688785 Loan Paid in Full 0 6.990% 359 6
2 0003691912 Loan Paid in Full 0 9.680% 359 6
2 0003694122 Loan Paid in Full 0 6.500% 359 6
2 0003694619 Loan Paid in Full 0 6.600% 359 6
2 0003699204 Loan Paid in Full 0 10.750% 359 6
2 0003705357 Loan Paid in Full (1) 6.180% 359 6
2 0003720026 Loan Paid in Full 0 5.895% 359 6
2 0003724499 Loan Paid in Full 0 9.462% 359 6
2 0003725256 Loan Paid in Full 1 9.025% 359 6
2 0003744216 Loan Paid in Full 0 8.692% 359 6
2 0003744398 Loan Paid in Full 0 6.180% 359 6
2 0003745676 Loan Paid in Full 0 8.180% 359 6
2 0003756772 Loan Paid in Full 0 6.030% 360 5
2 0003756970 Loan Paid in Full 0 8.800% 359 6
2 0003758851 Loan Paid in Full (1) 5.545% 359 6
2 0003771201 Loan Paid in Full 0 7.030% 359 6
2 0003772332 Loan Paid in Full 0 7.650% 359 6
2 0003783354 Loan Paid in Full 0 6.500% 359 6
2 0003805595 Loan Paid in Full 0 8.600% 359 6
2 0003811775 Loan Paid in Full 0 7.000% 360 5
2 0003820701 Loan Paid in Full 0 9.880% 359 6
2 0003826427 Loan Paid in Full (1) 9.280% 360 5
2 0003837150 Loan Paid in Full (1) 10.250% 360 5
2 0003861507 Loan Paid in Full 0 5.800% 360 5
2 0003863297 Loan Paid in Full 0 9.255% 360 5
2 0003885373 Loan Paid in Full 0 8.175% 360 5
2 0003893583 Loan Paid in Full 1 9.805% 360 5
2 0003895794 Loan Paid in Full 0 8.500% 360 5
2 0003902061 Loan Paid in Full 0 7.675% 360 5
2 0003908803 Loan Paid in Full 0 9.240% 359 6
2 0003910205 Loan Paid in Full (1) 7.540% 359 6
2 0003917929 Loan Paid in Full 0 6.390% 360 5
2 0003919545 Loan Paid in Full 0 6.275% 360 5
2 0003927720 Loan Paid in Full 0 6.990% 360 5
2 0003937273 Loan Paid in Full 0 8.190% 360 5
2 0003968393 Loan Paid in Full (1) 6.830% 360 5
2 0003969359 Loan Paid in Full 0 8.680% 360 5
2 0003970308 Loan Paid in Full 0 7.990% 360 5
2 0003981073 Loan Paid in Full 0 9.975% 360 5
2 0003983731 Loan Paid in Full 0 7.250% 360 5
2 0004000683 Loan Paid in Full 0 6.250% 360 5
2 0004008181 Loan Paid in Full 0 7.750% 360 5
2 0004016010 Loan Paid in Full 0 7.500% 360 5
2 0004022711 Loan Paid in Full 0 7.200% 360 5
2 0004022950 Loan Paid in Full 0 5.990% 360 5
2 0004035382 Loan Paid in Full 0 7.820% 360 5
2 0004041612 Loan Paid in Full 0 8.990% 360 5
2 0004048112 Loan Paid in Full 0 6.775% 360 5
2 0004068896 Loan Paid in Full 0 8.500% 360 5
2 0004070868 Loan Paid in Full 0 6.675% 360 5
2 0004072450 Loan Paid in Full 0 8.905% 360 5
2 0004081519 Loan Paid in Full 0 7.000% 360 5
2 0004081766 Loan Paid in Full 0 5.750% 360 5
2 0004082723 Loan Paid in Full 0 7.975% 360 5
2 0004115077 Loan Paid in Full 0 6.560% 360 5
2 0004116109 Loan Paid in Full 0 6.990% 360 5
Prepayment - Voluntary Prepayments
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 3.998% Current Month 38.711% Current Month 3,337.619%
3 Month Average 3.836% 3 Month Average 37.364% 3 Month Average 3,948.707%
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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 6.568% N/A Jun-2005 3,949.511% N/A
Jul-2005 14.595% N/A Jul-2005 3,996.436% N/A
Aug-2005 21.013% N/A Aug-2005 3,723.101% N/A
Sep-2005 32.293% N/A Sep-2005 4,232.053% N/A
Oct-2005 41.087% N/A Oct-2005 4,276.450% N/A
Nov-2005 38.711% N/A Nov-2005 3,337.619% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 4.489% Current Month 42.372% Current Month 3,671.041%
3 Month Average 4.205% 3 Month Average 40.009% 3 Month Average 4,219.825%
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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 5.483% N/A Jun-2005 3,343.455% N/A
Jul-2005 13.395% N/A Jul-2005 3,688.303% N/A
Aug-2005 22.454% N/A Aug-2005 3,994.554% N/A
Sep-2005 31.744% N/A Sep-2005 4,182.423% N/A
Oct-2005 45.910% N/A Oct-2005 4,806.010% N/A
Nov-2005 42.372% N/A Nov-2005 3,671.041% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 3.511% Current Month 34.876% Current Month 2,992.838%
3 Month Average 3.469% 3 Month Average 34.522% 3 Month Average 3,661.276%
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>
Dec-2004 N/A N/A Dec-2004 N/A N/A
Jan-2005 N/A N/A Jan-2005 N/A N/A
Feb-2005 N/A N/A Feb-2005 N/A N/A
Mar-2005 N/A N/A Mar-2005 N/A N/A
Apr-2005 N/A N/A Apr-2005 N/A N/A
May-2005 N/A N/A May-2005 N/A N/A
Jun-2005 7.643% N/A Jun-2005 4,532.909% N/A
Jul-2005 15.785% N/A Jul-2005 4,297.961% N/A
Aug-2005 19.539% N/A Aug-2005 3,447.934% N/A
Sep-2005 32.839% N/A Sep-2005 4,280.736% N/A
Oct-2005 35.850% N/A Oct-2005 3,710.255% N/A
Nov-2005 34.876% N/A Nov-2005 2,992.838% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
Calculation Methodology:
Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled
Principal)
Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12)
PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal
Balance))
</FN>
Modifications
Loan Beginning Current Prior Modified Prior Modified
Number Balance Balance Rate Rate Payment Payment
<s> <c> <c> <c> <c> <c> <c>
No Modifications this Period
Substitutions
Loans Repurchased Loans Substituted
Loan Current Current Current Loan Current Current Current
Number Balance Rate Payment Number Balance Rate Payment
<s> <c> <c> <c> <c> <c> <c> <c>
No Substitutions this Period
Repurchases
Loan Current Current Current
Number Balance Rate Payment
<s> <c> <c> <c>
No Repurchases this Period