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):  October 25, 2005

                         ASSET BACKED FUNDING CORPORATION
                    Asset Backed Certificates, Series 2005-WM1
              (Exact name of registrant as specified in its charter)

New York (governing law of          333-127970-01         54-2184218
Pooling and Servicing Agreement)    (Commission           54-2184219
(State or other                     File Number)          54-2184220
jurisdiction                                              54-2184221
of Incorporation)                                         54-2184346
                                                          54-2184347
                                                          54-2184348
                                                          54-6675915
                                                          IRS EIN



       c/o Wells Fargo Bank, N.A.
       9062 Old Annapolis Road
       Columbia, MD                                         21045
       (Address of principal executive offices)             (Zip Code)


       Registrant's telephone number, including area code:  (410) 884-2000

       (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act(17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act(17 CFR 240.13e-4(c))

ITEM 8.01  Other Events

 Subsequent to filing the 8-K relating to the payment date on October 25, 2005,
 a revision was made to the ASSET BACKED FUNDING CORPORATION, Asset Backed
 Certificates, Series 2005-WM1 Trust which was not included in the original 8-K
 filed. The 8-K is being amended because the Principal was not correct in the
 original 8-K filed. The revised data has been and will continue to be available
 on the Wells Fargo Bank, 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 Asset Backed Certificates,
                                        Series 2005-WM1 Trust, relating to the
                                        October 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.



                         ASSET BACKED FUNDING CORPORATION
                 Asset Backed Certificates, Series 2005-WM1 Trust
                                   (Registrant)

       By: Wells Fargo Bank, N.A. as Trustee
       By:  /s/ Kelly Rentz as Officer
       By: Kelly Rentz as Officer
       Date:11/13/2006

                                INDEX TO EXHIBITS


Exhibit Number            Description
EX-99.1                   Amended monthly report distributed to holders of Asset
                          Backed Certificates, Series 2005-WM1 Trust, relating
                          to the October 25, 2005 distribution.


 EX-99.1

Asset Backed Funding Corporation
Asset Backed Certificates



Distribution Date:       10/25/2005


Asset Backed Funding Corporation
Asset Backed Certificates
Series 2005-WMC1


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>
           R                   ABF05WM1R           0.00000%                  0.00                 0.00
          A-1                  04542BNX6           4.10063%        235,900,000.00           671,762.93
          A-2A                 04542BNY4           3.95063%        216,231,000.00           593,228.25
          A-2B                 04542BNZ1           4.02063%         86,365,000.00           241,140.08
          A-2C                 04542BPA4           4.12063%        141,576,000.00           405,126.61
          A-2D                 04542BPB2           4.20063%         45,876,000.00           133,825.07
         A-2MZ                 04542BPC0           4.16063%         54,450,000.00           157,323.82
          M-1                  04542BPD8           4.28063%         37,257,000.00           110,752.38
          M-2                  04542BPE6           4.29063%         33,734,000.00           100,513.97
          M-3                  04542BPF3           4.33063%         23,160,000.00            69,650.97
          M-4                  04542BPG1           4.43063%         16,111,000.00            49,570.75
          M-5                  04542BPH9           4.47063%         16,615,000.00            51,583.00
          M-6                  04542BPJ5           4.52063%         14,098,000.00            44,258.22
          M-7                  04542BPK2           4.96063%         15,104,000.00            52,031.50
          M-8                  04542BPL0           5.14063%         11,580,000.00            41,339.23
          M-9                  04542BPM8           5.59063%         10,070,000.00            39,095.59
          M-10                 04542BPN6           5.84063%         15,104,000.00            61,261.72
          M-11                 04542BPP1           6.84063%          6,042,000.00            28,702.14
          M-12                 04542BPQ9           6.34063%          9,063,000.00            39,906.34
          B-1                  04542BPR7           6.34063%         10,573,000.00            46,555.20
          B-2                  04542BPS5           6.34063%          3,021,000.00            13,302.11
           CE                  ABF5WM1CE           0.00000%          5,035,323.42         2,174,178.94
          R-X                  ABF5WM1RX           0.00000%                  0.00                 0.00
           P                   ABF05WM1P           0.00000%                100.00           291,883.84

Totals                                                           1,006,965,423.42         5,416,992.66





                                       Certificateholder Distribution Summary (continued)

         Class                      Principal             Current               Ending               Total            Cumulative
                                 Distribution            Realized          Certificate        Distribution              Realized
                                                             Loss              Balance                                    Losses
<s>                   <c>                   <c>                 <c>                  <c>                 <c>
           R                             0.00                0.00                 0.00                0.00                  0.00
          A-1                    5,630,234.61                0.00       230,269,765.50        6,301,997.54                  0.00
          A-2A                  14,827,650.94                0.00       201,403,349.04       15,420,879.19                  0.00
          A-2B                           0.00                0.00        86,365,000.00          241,140.08                  0.00
          A-2C                           0.00                0.00       141,576,000.00          405,126.61                  0.00
          A-2D                           0.00                0.00        45,876,000.00          133,825.07                  0.00
         A-2MZ                   1,647,893.37                0.00        52,802,106.63        1,805,217.19                  0.00
          M-1                            0.00                0.00        37,257,000.00          110,752.38                  0.00
          M-2                            0.00                0.00        33,734,000.00          100,513.97                  0.00
          M-3                            0.00                0.00        23,160,000.00           69,650.97                  0.00
          M-4                            0.00                0.00        16,111,000.00           49,570.75                  0.00
          M-5                            0.00                0.00        16,615,000.00           51,583.00                  0.00
          M-6                            0.00                0.00        14,098,000.00           44,258.22                  0.00
          M-7                            0.00                0.00        15,104,000.00           52,031.50                  0.00
          M-8                            0.00                0.00        11,580,000.00           41,339.23                  0.00
          M-9                            0.00                0.00        10,070,000.00           39,095.59                  0.00
          M-10                           0.00                0.00        15,104,000.00           61,261.72                  0.00
          M-11                           0.00                0.00         6,042,000.00           28,702.14                  0.00
          M-12                           0.00                0.00         9,063,000.00           39,906.34                  0.00
          B-1                            0.00                0.00        10,573,000.00           46,555.20                  0.00
          B-2                            0.00                0.00         3,021,000.00           13,302.11                  0.00
           CE                            0.00                0.00         5,034,727.12        2,174,178.94                  0.00
          R-X                            0.00                0.00                 0.00                0.00                  0.00
           P                             0.00                0.00               100.00          291,883.84                  0.00

Totals                          22,105,778.92                0.00       984,859,048.29       27,522,771.58                  0.00

<FN>

This report has been compiled from information provided to Wells Fargo Bank, N.A., by various
third parties, which may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received
from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly
disclaims any responsibility for the accuracy or completeness of information furnished by
third parties.

</FN>





                                                Principal Distribution Statement

         Class                   Original          Beginning        Scheduled       UnScheduled        Accretion        Realized
                                     Face        Certificate        Principal         Principal                             Loss
                                   Amount            Balance     Distribution      Distribution
<s>                  <c>                <c>                <c>              <c>               <c>              <c>
           R                         0.00               0.00             0.00              0.00             0.00            0.00
          A-1              235,900,000.00     235,900,000.00             0.00      5,630,234.61             0.00            0.00
         A-2A              216,231,000.00     216,231,000.00             0.00     14,827,650.94             0.00            0.00
         A-2B               86,365,000.00      86,365,000.00             0.00              0.00             0.00            0.00
         A-2C              141,576,000.00     141,576,000.00             0.00              0.00             0.00            0.00
         A-2D               45,876,000.00      45,876,000.00             0.00              0.00             0.00            0.00
         A-2MZ              54,450,000.00      54,450,000.00             0.00      1,647,893.37             0.00            0.00
          M-1               37,257,000.00      37,257,000.00             0.00              0.00             0.00            0.00
          M-2               33,734,000.00      33,734,000.00             0.00              0.00             0.00            0.00
          M-3               23,160,000.00      23,160,000.00             0.00              0.00             0.00            0.00
          M-4               16,111,000.00      16,111,000.00             0.00              0.00             0.00            0.00
          M-5               16,615,000.00      16,615,000.00             0.00              0.00             0.00            0.00
          M-6               14,098,000.00      14,098,000.00             0.00              0.00             0.00            0.00
          M-7               15,104,000.00      15,104,000.00             0.00              0.00             0.00            0.00
          M-8               11,580,000.00      11,580,000.00             0.00              0.00             0.00            0.00
          M-9               10,070,000.00      10,070,000.00             0.00              0.00             0.00            0.00
         M-10               15,104,000.00      15,104,000.00             0.00              0.00             0.00            0.00
         M-11                6,042,000.00       6,042,000.00             0.00              0.00             0.00            0.00
         M-12                9,063,000.00       9,063,000.00             0.00              0.00             0.00            0.00
          B-1               10,573,000.00      10,573,000.00             0.00              0.00             0.00            0.00
          B-2                3,021,000.00       3,021,000.00             0.00              0.00             0.00            0.00
          CE                 5,035,323.42       5,035,323.42             0.00              0.00             0.00            0.00
          R-X                        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

Totals                   1,006,965,423.42   1,006,965,423.42             0.00     22,105,778.92             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>
           R                            0.00                0.00           0.00000000                0.00
          A-1                   5,630,234.61      230,269,765.50           0.97613296        5,630,234.61
          A-2A                 14,827,650.94      201,403,349.04           0.93142680       14,827,650.94
          A-2B                          0.00       86,365,000.00           1.00000000                0.00
          A-2C                          0.00      141,576,000.00           1.00000000                0.00
          A-2D                          0.00       45,876,000.00           1.00000000                0.00
         A-2MZ                  1,647,893.37       52,802,106.63           0.96973566        1,647,893.37
          M-1                           0.00       37,257,000.00           1.00000000                0.00
          M-2                           0.00       33,734,000.00           1.00000000                0.00
          M-3                           0.00       23,160,000.00           1.00000000                0.00
          M-4                           0.00       16,111,000.00           1.00000000                0.00
          M-5                           0.00       16,615,000.00           1.00000000                0.00
          M-6                           0.00       14,098,000.00           1.00000000                0.00
          M-7                           0.00       15,104,000.00           1.00000000                0.00
          M-8                           0.00       11,580,000.00           1.00000000                0.00
          M-9                           0.00       10,070,000.00           1.00000000                0.00
          M-10                          0.00       15,104,000.00           1.00000000                0.00
          M-11                          0.00        6,042,000.00           1.00000000                0.00
          M-12                          0.00        9,063,000.00           1.00000000                0.00
          B-1                           0.00       10,573,000.00           1.00000000                0.00
          B-2                           0.00        3,021,000.00           1.00000000                0.00
           CE                           0.00        5,034,727.12           0.99988158                0.00
          R-X                           0.00                0.00           0.00000000                0.00
           P                            0.00              100.00           1.00000000                0.00

Totals                         22,105,778.92      984,859,048.29           0.97804654       22,105,778.92






                                            Principal Distribution Factors Statement

     Class                          Original           Beginning            Scheduled          UnScheduled           Accretion
                                        Face         Certificate            Principal            Principal
                                      Amount             Balance         Distribution         Distribution
<s>                   <c>                  <c>                 <c>                  <c>                  <c>
           R                            0.00          0.00000000           0.00000000           0.00000000          0.00000000
          A-1                 235,900,000.00       1000.00000000           0.00000000          23.86703947          0.00000000
          A-2A                216,231,000.00       1000.00000000           0.00000000          68.57319691          0.00000000
          A-2B                 86,365,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          A-2C                141,576,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          A-2D                 45,876,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
         A-2MZ                 54,450,000.00       1000.00000000           0.00000000          30.26434105          0.00000000
          M-1                  37,257,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-2                  33,734,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-3                  23,160,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-4                  16,111,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-5                  16,615,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-6                  14,098,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-7                  15,104,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-8                  11,580,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-9                  10,070,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-10                 15,104,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-11                  6,042,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          M-12                  9,063,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          B-1                  10,573,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
          B-2                   3,021,000.00       1000.00000000           0.00000000           0.00000000          0.00000000
           CE                   5,035,323.42       1000.00000000           0.00000000           0.00000000          0.00000000
          R-X                           0.00          0.00000000           0.00000000           0.00000000          0.00000000
           P                          100.00       1000.00000000           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>
           R                    0.00000000           0.00000000            0.00000000             0.00000000          0.00000000
          A-1                   0.00000000          23.86703947          976.13296100             0.97613296         23.86703947
          A-2A                  0.00000000          68.57319691          931.42680300             0.93142680         68.57319691
          A-2B                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          A-2C                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          A-2D                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
         A-2MZ                  0.00000000          30.26434105          969.73565895             0.96973566         30.26434105
          M-1                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-2                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-3                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-4                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-5                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-6                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-7                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-8                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-9                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-10                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-11                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          M-12                  0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          B-1                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
          B-2                   0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
           CE                   0.00000000           0.00000000          999.88157662             0.99988158          0.00000000
          R-X                   0.00000000           0.00000000            0.00000000             0.00000000          0.00000000
           P                    0.00000000           0.00000000         1000.00000000             1.00000000          0.00000000
<FN>


NOTE: All Classes are per $1000 denomination.
</FN>





                                                 Interest Distribution Statement

         Class                Accrual         Accrual         Current          Beginning           Current           Payment of
                               Dates            Days      Certificate       Certificate/           Accrued               Unpaid
                                                                 Rate           Notional          Interest              Interest
                                                                                 Balance                           Shortfall (1)
<s>                             <c>             <c>          <c>             <c>               <c>                  <c>
           R                     **              **          0.00000%               0.00              0.00                  0.00
          A-1                    **              **          4.10063%     235,900,000.00        671,762.93                  0.00
          A-2A                   **              **          3.95063%     216,231,000.00        593,228.25                  0.00
          A-2B                   **              **          4.02063%      86,365,000.00        241,140.08                  0.00
          A-2C                   **              **          4.12063%     141,576,000.00        405,126.61                  0.00
          A-2D                   **              **          4.20063%      45,876,000.00        133,825.07                  0.00
         A-2MZ                   **              **          4.16063%      54,450,000.00        157,323.82                  0.00
          M-1                    **              **          4.28063%      37,257,000.00        110,752.38                  0.00
          M-2                    **              **          4.29063%      33,734,000.00        100,513.97                  0.00
          M-3                    **              **          4.33063%      23,160,000.00         69,650.97                  0.00
          M-4                    **              **          4.43063%      16,111,000.00         49,570.75                  0.00
          M-5                    **              **          4.47063%      16,615,000.00         51,583.00                  0.00
          M-6                    **              **          4.52063%      14,098,000.00         44,258.22                  0.00
          M-7                    **              **          4.96063%      15,104,000.00         52,031.50                  0.00
          M-8                    **              **          5.14063%      11,580,000.00         41,339.23                  0.00
          M-9                    **              **          5.59063%      10,070,000.00         39,095.59                  0.00
          M-10                   **              **          5.84063%      15,104,000.00         61,261.72                  0.00
          M-11                   **              **          6.84063%       6,042,000.00         28,702.14                  0.00
          M-12                   **              **          6.34063%       9,063,000.00         39,906.34                  0.00
          B-1                    **              **          6.34063%      10,573,000.00         46,555.20                  0.00
          B-2                    **              **          6.34063%       3,021,000.00         13,302.11                  0.00
           CE                    **              **          0.00000%       5,035,323.42              0.00                  0.00
          R-X                    **              **          0.00000%               0.00              0.00                  0.00
           P                     **              **          0.00000%             100.00              0.00                  0.00
Totals                                                                                        2,950,929.88                  0.00







                                           Interest Distribution Statement (continued)

         Class                      Current      Non-Supported               Total            Remaining                   Ending
                                   Interest           Interest            Interest      Unpaid Interest             Certificate/
                               Shortfall(1)          Shortfall        Distribution         Shortfall(1)                 Notional
                                                                                                                         Balance
<s>                            <c>                 <c>                 <c>                 <c>                    <c>
           R                           0.00               0.00                0.00                 0.00                     0.00
          A-1                          0.00               0.00          671,762.93                 0.00           230,269,765.50
          A-2A                         0.00               0.00          593,228.25                 0.00           201,403,349.04
          A-2B                         0.00               0.00          241,140.08                 0.00            86,365,000.00
          A-2C                         0.00               0.00          405,126.61                 0.00           141,576,000.00
          A-2D                         0.00               0.00          133,825.07                 0.00            45,876,000.00
         A-2MZ                         0.00               0.00          157,323.82                 0.00            52,802,106.63
          M-1                          0.00               0.00          110,752.38                 0.00            37,257,000.00
          M-2                          0.00               0.00          100,513.97                 0.00            33,734,000.00
          M-3                          0.00               0.00           69,650.97                 0.00            23,160,000.00
          M-4                          0.00               0.00           49,570.75                 0.00            16,111,000.00
          M-5                          0.00               0.00           51,583.00                 0.00            16,615,000.00
          M-6                          0.00               0.00           44,258.22                 0.00            14,098,000.00
          M-7                          0.00               0.00           52,031.50                 0.00            15,104,000.00
          M-8                          0.00               0.00           41,339.23                 0.00            11,580,000.00
          M-9                          0.00               0.00           39,095.59                 0.00            10,070,000.00
          M-10                         0.00               0.00           61,261.72                 0.00            15,104,000.00
          M-11                         0.00               0.00           28,702.14                 0.00             6,042,000.00
          M-12                         0.00               0.00           39,906.34                 0.00             9,063,000.00
          B-1                          0.00               0.00           46,555.20                 0.00            10,573,000.00
          B-2                          0.00               0.00           13,302.11                 0.00             3,021,000.00
           CE                          0.00               0.00        2,174,178.94                 0.00             5,034,727.12
          R-X                          0.00               0.00                0.00                 0.00                     0.00
           P                           0.00               0.00          291,883.84                 0.00                   100.00

Totals                                 0.00               0.00        5,416,992.66                 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/                Accrued       Unpaid Interest
                                       Amount            Rate              Notional               Interest         Shortfall (1)
                                                                            Balance
<s>                   <c>                   <c>             <c>                   <c>                    <c>
           R                             0.00        0.00000%            0.00000000             0.00000000            0.00000000
          A-1                  235,900,000.00        4.10063%         1000.00000000             2.84765973            0.00000000
          A-2A                 216,231,000.00        3.95063%         1000.00000000             2.74349307            0.00000000
          A-2B                  86,365,000.00        4.02063%         1000.00000000             2.79210421            0.00000000
          A-2C                 141,576,000.00        4.12063%         1000.00000000             2.86154864            0.00000000
          A-2D                  45,876,000.00        4.20063%         1000.00000000             2.91710415            0.00000000
         A-2MZ                  54,450,000.00        4.16063%         1000.00000000             2.88932635            0.00000000
          M-1                   37,257,000.00        4.28063%         1000.00000000             2.97265963            0.00000000
          M-2                   33,734,000.00        4.29063%         1000.00000000             2.97960426            0.00000000
          M-3                   23,160,000.00        4.33063%         1000.00000000             3.00738212            0.00000000
          M-4                   16,111,000.00        4.43063%         1000.00000000             3.07682639            0.00000000
          M-5                   16,615,000.00        4.47063%         1000.00000000             3.10460427            0.00000000
          M-6                   14,098,000.00        4.52063%         1000.00000000             3.13932615            0.00000000
          M-7                   15,104,000.00        4.96063%         1000.00000000             3.44488215            0.00000000
          M-8                   11,580,000.00        5.14063%         1000.00000000             3.56988169            0.00000000
          M-9                   10,070,000.00        5.59063%         1000.00000000             3.88238232            0.00000000
          M-10                  15,104,000.00        5.84063%         1000.00000000             4.05599311            0.00000000
          M-11                   6,042,000.00        6.84063%         1000.00000000             4.75043694            0.00000000
          M-12                   9,063,000.00        6.34063%         1000.00000000             4.40321527            0.00000000
          B-1                   10,573,000.00        6.34063%         1000.00000000             4.40321574            0.00000000
          B-2                    3,021,000.00        6.34063%         1000.00000000             4.40321417            0.00000000
           CE                    5,035,323.42        0.00000%         1000.00000000             0.00000000            0.00000000
          R-X                            0.00        0.00000%            0.00000000             0.00000000            0.00000000
           P                           100.00        0.00000%         1000.00000000             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>
           R                       0.00000000           0.00000000           0.00000000          0.00000000           0.00000000
          A-1                      0.00000000           0.00000000           2.84765973          0.00000000         976.13296100
          A-2A                     0.00000000           0.00000000           2.74349307          0.00000000         931.42680300
          A-2B                     0.00000000           0.00000000           2.79210421          0.00000000        1000.00000000
          A-2C                     0.00000000           0.00000000           2.86154864          0.00000000        1000.00000000
          A-2D                     0.00000000           0.00000000           2.91710415          0.00000000        1000.00000000
         A-2MZ                     0.00000000           0.00000000           2.88932635          0.00000000         969.73565895
          M-1                      0.00000000           0.00000000           2.97265963          0.00000000        1000.00000000
          M-2                      0.00000000           0.00000000           2.97960426          0.00000000        1000.00000000
          M-3                      0.00000000           0.00000000           3.00738212          0.00000000        1000.00000000
          M-4                      0.00000000           0.00000000           3.07682639          0.00000000        1000.00000000
          M-5                      0.00000000           0.00000000           3.10460427          0.00000000        1000.00000000
          M-6                      0.00000000           0.00000000           3.13932615          0.00000000        1000.00000000
          M-7                      0.00000000           0.00000000           3.44488215          0.00000000        1000.00000000
          M-8                      0.00000000           0.00000000           3.56988169          0.00000000        1000.00000000
          M-9                      0.00000000           0.00000000           3.88238232          0.00000000        1000.00000000
          M-10                     0.00000000           0.00000000           4.05599311          0.00000000        1000.00000000
          M-11                     0.00000000           0.00000000           4.75043694          0.00000000        1000.00000000
          M-12                     0.00000000           0.00000000           4.40321527          0.00000000        1000.00000000
          B-1                      0.00000000           0.00000000           4.40321574          0.00000000        1000.00000000
          B-2                      0.00000000           0.00000000           4.40321417          0.00000000        1000.00000000
           CE                      0.00000000           0.00000000         431.78536087          0.00000000         999.88157662
          R-X                      0.00000000           0.00000000           0.00000000          0.00000000           0.00000000
           P                       0.00000000           0.00000000     2918838.40000000          0.00000000        1000.00000000
<FN>
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.

NOTE: All Classes are per $1000 denomination.
</FN>






                                        CERTIFICATEHOLDER ACCOUNT STATEMENT

                                                CERTIFICATE ACCOUNT

<s>                                                                                      <c>
Beginning Balance                                                                                              0.00

Deposits
     Payments of Interest and Principal                                                               27,579,047.39
     Reserve Funds and Credit Enhancements                                                                     0.00
     Proceeds from Repurchased Loans                                                                           0.00
     Servicer Advances                                                                                    65,684.90
     Gains & Subsequent Recoveries (Realized Losses)                                                           0.00
     Prepayment Penalties                                                                                291,883.84
Total Deposits                                                                                        27,936,616.13

Withdrawals
     Reserve Funds and Credit Enhancements                                                                     0.00
     Reimbursement for Servicer Advances                                                                       0.00
     Total Administration Fees                                                                           413,844.55
     Payment of Interest and Principal                                                                27,522,771.58
Total Withdrawals (Pool Distribution Amount)                                                          27,936,616.13

Ending Balance                                                                                                 0.00

<FN>
Servicer Advances are calculated as delinquent scheduled principal and interest.

NOTE: Swap/Cap Payments are reported on the following page.

</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*                                                                    413,844.55
Credit Risk Manager Fee                                                                       0.00
Supported Prepayment/Curtailment Interest Shortfall                                           0.00

Total Administration Fees                                                               413,844.55
<FN>
*Servicer Payees include: HOMEQ SERVICING CORPORATION
</FN>




                                                   Reserve and Guaranty Funds

                                       Account Name           Beginning             Current           Current             Ending
                                                                Balance         Withdrawals          Deposits            Balance
<s>                                               <c>                 <c>                 <c>               <c>
                         Cap Carryover Reserve Fund                0.00                0.00              0.00               0.00



                                     COLLATERAL STATEMENT
                                                           
Collateral Description                                                       Fixed & Mixed ARM
Weighted Average Gross Coupon                                                        7.083498%
Weighted Average Net Coupon                                                          6.590319%
Weighted Average Pass-Through Rate                                                   6.583498%
Weighted Average Remaining Term                                                            338

Beginning Scheduled Collateral Loan Count                                                5,216
Number Of Loans Paid In Full                                                                88
Ending Scheduled Collateral Loan Count                                                   5,128

Beginning Scheduled Collateral Balance                                        1,006,965,423.42
Ending Scheduled Collateral Balance                                             971,121,022.38
Ending Actual Collateral Balance at 30-Sep-2005                                 971,571,953.06

Monthly P&I Constant                                                              6,384,638.69
Special Servicing Fee                                                                     0.00
Prepayment Penalty Paid Amount                                                      291,883.84
Prepayment Penalty Paid Count                                                                *
Realized Loss Amount                                                                      0.00
Cumulative Realized Loss                                                                  0.00

Ending Scheduled Balance for Premium Loans                                      971,121,022.38

Scheduled Principal                                                                 521,704.78
Unscheduled Principal                                                            21,584,200.54


Required Overcollateralized Amount                                                        0.00
Overcollateralized Increase Amount                                                        0.00
Overcollateralized Reduction Amount                                                     596.32
Specified O/C Amount                                                              5,034,827.12
Overcollateralized Amount                                                         5,034,827.12
Overcollateralized Deficiency Amount                                                      0.00
Base Overcollateralization Amount                                                         0.00
Extra Principal Distribution Amount                                                       0.00
Excess Cash Amount                                                                2,789,308.39
<FN>

* This data is currently not provided for reporting.
</FN>





                                         Group Level Collateral Statement

<s>                               <c>                       <c>
Group                                                                  1                               1
 Collateral Description                                       Mixed Fixed                       Mixed ARM
 Weighted Average Coupon Rate                                    8.232451                        6.821530
 Weighted Average Net Rate                                       7.732451                        6.321530
 Pass-Through Rate                                               7.732451                        6.321530
 Weighted Average Remaining Term                                      278                             357
 Record Date                                                   09/30/2005                      09/30/2005
 Principal And Interest Constant                               434,263.10                    1,493,119.91
 Beginning Loan Count                                                 831                           1,267
 Loans Paid in Full                                                     9                              21
 Ending Loan Count                                                    822                           1,246
 Beginning Scheduled Balance                                57,051,453.33                  239,886,662.07
 Ending Scheduled Balance                                   56,275,350.07                  235,032,404.32
 Scheduled Principal                                            42,868.71                      129,458.26
 Unscheduled Principal                                         733,234.55                    4,724,799.49
 Scheduled Interest                                            391,394.39                    1,363,661.65
 Servicing Fees                                                 23,771.44                       99,952.78
 Master Servicing Fees                                               0.00                            0.00
 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                                                  367,622.95                    1,263,708.87
 Realized Loss Amount                                                0.00                            0.00
 Cumulative Realized Loss                                            0.00                            0.00
 Percentage of Cumulative Losses                                   0.0000                          0.0000
 Prepayment Penalty Paid Amount                                         *                               *
 Prepayment Penalty Paid Count                                          *                               *
 Special Servicing Fee                                               0.00                            0.00

<FN>
* This data is currently not provided for reporting.
</FN>




                                         Group Level Collateral Statement

<s>                               <c>                       <c>
Group                                                                  2                               2
 Collateral Description                                       Mixed Fixed                       Mixed ARM
 Weighted Average Coupon Rate                                    8.678795                        6.716367
 Weighted Average Net Rate                                       8.178795                        6.216367
 Pass-Through Rate                                               8.178795                        6.216367
 Weighted Average Remaining Term                                      246                             357
 Record Date                                                   09/30/2005                      09/30/2005
 Principal And Interest Constant                             1,019,585.27                    3,437,670.41
 Beginning Loan Count                                               1,227                           1,891
 Loans Paid in Full                                                    18                              40
 Ending Loan Count                                                  1,209                           1,851
 Beginning Scheduled Balance                               128,882,298.47                  567,406,513.83
 Ending Scheduled Balance                                  126,880,133.97                  552,933,134.02
 Scheduled Principal                                            87,466.10                      261,911.71
 Unscheduled Principal                                       1,914,698.40                   14,211,468.10
 Scheduled Interest                                            932,119.17                    3,175,758.70
 Servicing Fees                                                 53,700.95                      236,419.38
 Master Servicing Fees                                               0.00                            0.00
 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                                                  878,418.22                    2,939,339.32
 Realized Loss Amount                                                0.00                            0.00
 Cumulative Realized Loss                                            0.00                            0.00
 Percentage of Cumulative Losses                                   0.0000                          0.0000
 Prepayment Penalty Paid Amount                                         *                               *
 Prepayment Penalty Paid Count                                          *                               *
 Special Servicing Fee                                               0.00                            0.00

<FN>
* This data is currently not provided for reporting.
</FN>




                                         Group Level Collateral Statement

<s>                               <c>                       <c>
Group                                                              Total
 Collateral Description                                 Fixed & Mixed ARM
 Weighted Average Coupon Rate                                    7.083498
 Weighted Average Net Rate                                       6.590319
 Pass-Through Rate                                               6.583498
 Weighted Average Remaining Term                                      338
 Record Date                                                   09/30/2005
 Principal And Interest Constant                             6,384,638.69
 Beginning Loan Count                                               5,216
 Loans Paid in Full                                                    88
 Ending Loan Count                                                  5,128
 Beginning Scheduled Balance                               993,226,927.70
 Ending Scheduled Balance                                  971,121,022.38
 Scheduled Principal                                           521,704.78
 Unscheduled Principal                                      21,584,200.54
 Scheduled Interest                                          5,862,933.91
 Servicing Fees                                                413,844.55
 Master Servicing Fees                                               0.00
 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                                                5,449,089.36
 Realized Loss Amount                                                0.00
 Cumulative Realized Loss                                            0.00
 Percentage of Cumulative Losses                                   0.0000
 Prepayment Penalty Paid Amount                                291,883.84
 Prepayment Penalty Paid Count                                          *
 Special Servicing Fee                                               0.00

<FN>
* This data is currently not provided for reporting.
</FN>




                            Additional Reporting - Deal Level


                                 Miscellaneous Reporting

<s>                                                              <c>
Group 1 Available Funds                                                      7,553,576.68
Group 2 Available Funds                                                     20,293,301.84
CAP In                                                                               0.00
CAP Out                                                                        324,432.72
OC Amount                                                                    5,034,827.12
OC Deficiency Amount                                                                 0.00
Trigger Event                                                                          NO





                               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
             Actual Balance       Actual Balance      Actual Balance       Actual Balance      Actual Balance

0-29 Days                        0                    0                   0                    0
                                 0.00                 0.00                0.00                 0.00

30 Days      47                  0                    0                   0                    47
             8,920,046.60        0.00                 0.00                0.00                 8,920,046.60

60 Days      2                   0                    0                   0                    2
             613,350.00          0.00                 0.00                0.00                 613,350.00

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       49                  0                    0                   0                    49
             9,533,396.60        0.00                 0.00                0.00                 9,533,396.60

             No. of Loans        No. of Loans         No. of Loans        No. of Loans         No. of Loans
             Actual Balance       Actual Balance      Actual Balance       Actual Balance      Actual Balance

0-29 Days                        0.000000%            0.000000%           0.000000%            0.000000%
                                 0.000000%            0.000000%           0.000000%            0.000000%

30 Days      0.916537%           0.000000%            0.000000%           0.000000%            0.916537%
             0.918105%           0.000000%            0.000000%           0.000000%            0.918105%

60 Days      0.039002%           0.000000%            0.000000%           0.000000%            0.039002%
             0.063130%           0.000000%            0.000000%           0.000000%            0.063130%

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       0.955538%           0.000000%            0.000000%           0.000000%            0.955538%
             0.981234%           0.000000%            0.000000%           0.000000%            0.981234%






<s>                                                                                 <c>
Current Period Class A Insufficient Funds                                                                  0.00
Principal Balance of Contaminated Properties                                                               0.00
Periodic Advance                                                                                      65,684.90





                                                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
                        Actual Balance        Actual Balance       Actual Balance       Actual Balance       Actual Balance
0-29 Days                                    0                     0                    0                    0
                                             0.00                  0.00                 0.00                 0.00

30 Days                 7                    0                     0                    0                    7
                        339,603.27           0.00                  0.00                 0.00                 339,603.27

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                  7                    0                     0                    0                    7
                        339,603.27           0.00                  0.00                 0.00                 339,603.27


0-29 Days                                    0.000000%             0.000000%            0.000000%            0.000000%
                                             0.000000%             0.000000%            0.000000%            0.000000%

30 Days                 0.851582%            0.000000%             0.000000%            0.000000%            0.851582%
                        0.603101%            0.000000%             0.000000%            0.000000%            0.603101%

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                  0.851582%            0.000000%             0.000000%            0.000000%            0.851582%
                        0.603101%            0.000000%             0.000000%            0.000000%            0.603101%


                        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
                        Actual Balance        Actual Balance       Actual Balance       Actual Balance       Actual Balance
0-29 Days                                    0                     0                    0                    0
                                             0.00                  0.00                 0.00                 0.00

30 Days                 10                   0                     0                    0                    10
                        1,503,117.41         0.00                  0.00                 0.00                 1,503,117.41

60 Days                 1                    0                     0                    0                    1
                        221,350.00           0.00                  0.00                 0.00                 221,350.00

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                  11                   0                     0                    0                    11
                        1,724,467.41         0.00                  0.00                 0.00                 1,724,467.41


0-29 Days                                    0.000000%             0.000000%            0.000000%            0.000000%
                                             0.000000%             0.000000%            0.000000%            0.000000%

30 Days                 0.802568%            0.000000%             0.000000%            0.000000%            0.802568%
                        0.639232%            0.000000%             0.000000%            0.000000%            0.639232%

60 Days                 0.080257%            0.000000%             0.000000%            0.000000%            0.080257%
                        0.094134%            0.000000%             0.000000%            0.000000%            0.094134%

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                  0.882825%            0.000000%             0.000000%            0.000000%            0.882825%
                        0.733366%            0.000000%             0.000000%            0.000000%            0.733366%


                        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
                        Actual Balance        Actual Balance       Actual Balance       Actual Balance       Actual Balance
0-29 Days                                    0                     0                    0                    0
                                             0.00                  0.00                 0.00                 0.00

30 Days                 12                   0                     0                    0                    12
                        1,148,735.89         0.00                  0.00                 0.00                 1,148,735.89

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                  12                   0                     0                    0                    12
                        1,148,735.89         0.00                  0.00                 0.00                 1,148,735.89


0-29 Days                                    0.000000%             0.000000%            0.000000%            0.000000%
                                             0.000000%             0.000000%            0.000000%            0.000000%

30 Days                 0.992556%            0.000000%             0.000000%            0.000000%            0.992556%
                        0.904866%            0.000000%             0.000000%            0.000000%            0.904866%

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                  0.992556%            0.000000%             0.000000%            0.000000%            0.992556%
                        0.904866%            0.000000%             0.000000%            0.000000%            0.904866%


                        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
                        Actual Balance        Actual Balance       Actual Balance       Actual Balance       Actual Balance
0-29 Days                                    0                     0                    0                    0
                                             0.00                  0.00                 0.00                 0.00

30 Days                 18                   0                     0                    0                    18
                        5,928,590.03         0.00                  0.00                 0.00                 5,928,590.03

60 Days                 1                    0                     0                    0                    1
                        392,000.00           0.00                  0.00                 0.00                 392,000.00

90 Days                 0                    0                     0                    0                    0
                        0.00                 0.00                  0.00                 0.00                 0.00

120 Days                0                    0                     0                    0                    0
                        0.00                 0.00                  0.00                 0.00                 0.00

150 Days                0                    0                     0                    0                    0
                        0.00                 0.00                  0.00                 0.00                 0.00

180+ Days               0                    0                     0                    0                    0
                        0.00                 0.00                  0.00                 0.00                 0.00

Totals                  19                   0                     0                    0                    19
                        6,320,590.03         0.00                  0.00                 0.00                 6,320,590.03


0-29 Days                                    0.000000%             0.000000%            0.000000%            0.000000%
                                             0.000000%             0.000000%            0.000000%            0.000000%

30 Days                 0.972447%            0.000000%             0.000000%            0.000000%            0.972447%
                        1.071754%            0.000000%             0.000000%            0.000000%            1.071754%

60 Days                 0.054025%            0.000000%             0.000000%            0.000000%            0.054025%
                        0.070865%            0.000000%             0.000000%            0.000000%            0.070865%

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                  1.026472%            0.000000%             0.000000%            0.000000%            1.026472%
                        1.142618%            0.000000%             0.000000%            0.000000%            1.142618%








                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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current REO Total                                                Mar-05            0.000%
     Loans in REO                              0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current REO Total                                                Mar-05            0.000%
     Loans in REO                              0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current REO Total                                                Mar-05            0.000%
     Loans in REO                              0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current REO Total                                                Mar-05            0.000%
     Loans in REO                              0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current REO Total                                                Mar-05            0.000%
     Loans in REO                              0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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            Actual             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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
  Current Foreclosure Total                                       Mar-05            0.000%
     Loans in Foreclosure                      0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Foreclosure History*
  New Foreclosure Loans                                           Month     Foreclosure Percentage
     <s>                            <c>                             <s>               <c>
     Loans in Foreclosure                      0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
  Current Foreclosure Total                                       Mar-05            0.000%
     Loans in Foreclosure                      0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Foreclosure History*
  New Foreclosure Loans                                           Month     Foreclosure Percentage
     <s>                            <c>                             <s>               <c>
     Loans in Foreclosure                      0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
  Current Foreclosure Total                                       Mar-05            0.000%
     Loans in Foreclosure                      0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Foreclosure History*
  New Foreclosure Loans                                           Month     Foreclosure Percentage
     <s>                            <c>                             <s>               <c>
     Loans in Foreclosure                      0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
  Current Foreclosure Total                                       Mar-05            0.000%
     Loans in Foreclosure                      0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Foreclosure History*
  New Foreclosure Loans                                           Month     Foreclosure Percentage
     <s>                            <c>                             <s>               <c>
     Loans in Foreclosure                      0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
  Current Foreclosure Total                                       Mar-05            0.000%
     Loans in Foreclosure                      0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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           Actual                 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                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current Bankruptcy Total                                         Mar-05            0.000%
     Loans in Bankruptcy                       0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Bankruptcy History*
 New Bankruptcy Loans                                             Month    Bankruptcy Percentage
     <s>                          <c>                               <s>               <c>
     Loans in Bankruptcy                       0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current Bankruptcy Total                                         Mar-05            0.000%
     Loans in Bankruptcy                       0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Bankruptcy History*
 New Bankruptcy Loans                                             Month    Bankruptcy Percentage
     <s>                          <c>                               <s>               <c>
     Loans in Bankruptcy                       0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current Bankruptcy Total                                         Mar-05            0.000%
     Loans in Bankruptcy                       0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Bankruptcy History*
 New Bankruptcy Loans                                             Month    Bankruptcy Percentage
     <s>                          <c>                               <s>               <c>
     Loans in Bankruptcy                       0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current Bankruptcy Total                                         Mar-05            0.000%
     Loans in Bankruptcy                       0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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 Bankruptcy History*
 New Bankruptcy Loans                                             Month    Bankruptcy Percentage
     <s>                          <c>                               <s>               <c>
     Loans in Bankruptcy                       0                  Nov-04            0.000%
     Original Principal Balance             0.00                  Dec-04            0.000%
     Current Actual Balance                 0.00                  Jan-05            0.000%
                                                                  Feb-05            0.000%
 Current Bankruptcy Total                                         Mar-05            0.000%
     Loans in Bankruptcy                       0                  Apr-05            0.000%
     Original Principal Balance             0.00                  May-05            0.000%
     Current Actual Balance                 0.00                  Jun-05            0.000%
                                                                  Jul-05            0.000%
                                                                  Aug-05            0.000%
                                                                  Sep-05            0.000%
                                                                  Oct-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             Actual             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             Actual       Loss/(Gain)               Loss
         Group                      Losses            Balance            Amount         Percentage
<s>                    <c>                <c>                <c>                <c>
           1                             0               0.00              0.00             0.000%
           1                             0               0.00              0.00             0.000%
           2                             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             Actual          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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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>


         Nov-2004             N/A             N/A                        Nov-2004              N/A               N/A
         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             N/A             N/A                        Jun-2005              N/A               N/A
         Jul-2005             N/A             N/A                        Jul-2005              N/A               N/A
         Aug-2005             N/A             N/A                        Aug-2005              N/A               N/A
         Sep-2005             N/A             N/A                        Sep-2005              N/A               N/A
         Oct-2005          0.000%             N/A                        Oct-2005           0.000%               N/A

   *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 Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled 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 Scheduled Balance of Liquidated Loans).
Includes losses on loans liquidating in the current period only.








</FN>





               Prepayment Detail - Prepayments during Current Period
Summary
                                    Loans Paid In Full                            Repurchased Loans


                                         Original            Current                  Original            Current
                                        Principal          Scheduled                 Principal          Scheduled
         Group            Count           Balance            Balance   Count           Balance            Balance
<s>                       <c>    <c>                <c>                <c>    <c>                <c>
           1                  9        732,050.00         730,529.23       0              0.00               0.00
           1                 21      4,737,761.00       4,726,566.46       0              0.00               0.00
           2                 18      1,741,268.00       1,738,667.27       0              0.00               0.00
           2                 40     14,231,304.00      14,206,138.76       0              0.00               0.00
         Total               88     21,442,383.00      21,401,901.72       0              0.00               0.00




              Prepayment Detail - Prepayments during Current Period (continued)

Summary
                                   Substitution Loans                               Liquidated Loans                    Curtailments

                                       Original            Current                     Original           Current
                                      Principal          Scheduled                    Principal         Scheduled        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           3,185.22
           1                 0             0.00               0.00          0              0.00              0.00           1,291.41
           2                 0             0.00               0.00          0              0.00              0.00         176,830.53
           2                 0             0.00               0.00          0              0.00              0.00          12,932.65
         Total               0             0.00               0.00          0              0.00              0.00         194,239.81





               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                    0011190237           WA           80.00        01-Jun-2005        119,200.00        118,763.12
           1                    0011190255           WA          100.00        01-Jun-2005         29,800.00         29,736.29
           1                    0011212270           CA          100.00        01-Jul-2005         66,000.00         65,901.94
           1                    0011212393           WA          100.00        01-Jul-2005         20,000.00         19,964.08
           1                    0011213042           FL           95.00        01-Jul-2005         17,250.00         17,229.94
           1                    0011213574           CA          100.00        01-Jul-2005         55,400.00         55,282.29
           1                    0011214813           MD           90.00        01-Jul-2005        153,000.00        152,568.22
           1                    0011218464           TN          100.00        01-Jul-2005         21,400.00         21,352.60
           1                    0011220797           TN           55.56        01-Jul-2005        250,000.00        249,250.85
           1                    0011165579           CA           95.00        01-May-2005        218,500.00        217,407.45
           1                    0011184387           NY           90.00        01-Jun-2005        355,500.00        354,279.12
           1                    0011185177           CA           80.00        01-Jul-2005        280,000.00        280,000.00
           1                    0011189281           MD           90.00        01-Jun-2005        270,000.00        269,999.50
           1                    0011195980           IL           72.58        01-Jun-2005         90,000.00         89,594.66
           1                    0011196391           CA           80.00        01-Jul-2005        216,000.00        215,133.40
           1                    0011196972           NV           90.00        01-Jul-2005        251,811.00        251,145.39
           1                    0011200163           GA           90.00        01-Jun-2005        143,100.00        143,100.00
           1                    0011202142           CA           94.01        01-Jun-2005        267,000.00        266,929.75
           1                    0011203307           MD           80.00        01-Jun-2005        124,000.00        123,122.65
           1                    0011203558           CA           80.00        01-Jul-2005        275,200.00        274,880.60
           1                    0011209790           FL           80.00        01-Jul-2005        166,400.00        165,784.88
           1                    0011212263           CA           80.00        01-Jul-2005        264,000.00        263,083.10
           1                    0011215474           NJ           57.94        01-Jul-2005        135,000.00        134,585.31
           1                    0011216608           IL           95.00        01-Jul-2005        289,750.00        289,040.37
           1                    0011217421           CA           80.00        01-Jul-2005        252,000.00        251,054.41
           1                    0011219250           CA           65.28        01-Jul-2005        235,000.00        234,011.49
           1                    0011224163           NY           70.00        01-Jul-2005        315,000.00        313,571.98
           1                    0011228419           AZ           90.00        01-Jun-2005        193,500.00        192,893.26
           1                    0011228526           FL           80.00        01-Jun-2005        156,000.00        155,216.31
           1                    0011230947           CA           35.04        01-Jun-2005        240,000.00        238,674.45
           2                    0011179101           CA          100.00        01-Jul-2005         85,000.00         84,870.26
           2                    0011192714           CA           97.00        01-Jun-2005        128,000.00        127,761.11
           2                    0011193096           FL           70.00        01-Jul-2005         72,800.00         72,638.80
           2                    0011194317           CA          100.00        01-Jun-2005         65,600.00         65,452.16
           2                    0011198614           CA          100.00        01-Jun-2005         43,000.00         42,919.80
           2                    0011199501           AZ          100.00        01-Jul-2005         40,265.00         40,192.70
           2                    0011199668           CA          100.00        01-Jul-2005         76,000.00         75,887.08
           2                    0011211038           CA          100.00        01-Jul-2005        115,000.00        114,814.79
           2                    0011211446           CA          100.00        01-Jul-2005        125,000.00        124,692.98
           2                    0011212161           CA          100.00        01-Jul-2005        123,995.00        123,734.87
           2                    0011212221           CA          100.00        01-Jul-2005        120,520.00        120,340.95
           2                    0011212898           NY          100.00        01-Jul-2005         77,200.00         77,026.69
           2                    0011215761           CA          100.00        01-Jul-2005        124,000.00        123,696.33
           2                    0011216345           MO          100.00        01-Jul-2005         31,980.00         31,916.31
           2                    0011221033           CA          100.00        01-Jul-2005        127,200.00        126,971.61
           2                    0011229638           MD          100.00        01-Jul-2005        119,000.00        118,736.53
           2                    0011229984           CA          100.00        01-Jul-2005        151,708.00        151,421.40
           2                    0011232097           CA          100.00        01-Jul-2005        115,000.00        114,793.50
           2                    0011152773           AZ           90.00        01-Jul-2005        204,245.00        203,645.05
           2                    0011172092           CA           80.00        01-May-2005        440,000.00        437,210.44
           2                    0011178405           CT           80.00        01-Jul-2005        480,000.00        478,409.24
           2                    0011179100           CA           80.00        01-Jul-2005        340,000.00        338,908.10
           2                    0011182876           CA           80.00        01-Jun-2005        400,000.00        400,000.00
           2                    0011185777           CA           85.00        01-Jun-2005        374,000.00        372,559.45
           2                    0011190188           MA           83.80        01-Jul-2005        238,000.00        237,111.21
           2                    0011191187           AZ           80.00        01-Jun-2005        123,200.00        122,759.59
           2                    0011192160           DE           90.00        01-Jul-2005        377,910.00        376,589.60
           2                    0011192628           CA           80.00        01-Jul-2005        185,965.00        185,343.87
           2                    0011194041           CA           90.00        01-Jul-2005        607,500.00        605,643.07
           2                    0011194658           CA           85.00        01-Jul-2005        382,500.00        381,353.82
           2                    0011196394           CA           64.94        01-Jul-2005        250,000.00        249,250.85
           2                    0011197564           VA           90.00        01-Jul-2005        211,500.00        210,914.99
           2                    0011202705           AZ           80.00        01-Jun-2005        197,264.00        197,226.43
           2                    0011202874           IL           95.00        01-Jun-2005        332,072.00        331,051.79
           2                    0011203685           CA           85.00        01-Jun-2005        399,500.00        397,657.27
           2                    0011205541           CA           68.64        01-Jun-2005        429,000.00        428,017.38
           2                    0011206062           CA           80.00        01-Jul-2005        316,800.00        315,616.93
           2                    0011206277           CA           90.00        01-Jul-2005        522,000.00        521,234.86
           2                    0011210006           CA           75.00        01-Jul-2005        634,021.00        632,954.14
           2                    0011211868           CA           67.42        01-Jul-2005        300,000.00        299,665.10
           2                    0011212164           CA           80.00        01-Jul-2005        495,995.00        495,995.00
           2                    0011213122           VA           85.00        01-Jul-2005        306,000.00        305,632.91
           2                    0011213271           CA           85.00        01-Jul-2005        100,300.00        100,178.82
           2                    0011214056           WI           90.00        01-Jul-2005        153,000.00        152,472.14
           2                    0011216100           IL           85.00        01-Jul-2005         72,250.00         72,043.62
           2                    0011217094           CA           80.00        01-Jul-2005        581,600.00        581,441.87
           2                    0011219107           MD           85.00        01-Jul-2005        270,300.00        270,056.93
           2                    0011219573           DC           80.00        01-Jul-2005        380,000.00        380,000.00
           2                    0011220994           CA           80.00        01-Jul-2005        460,000.00        458,425.55
           2                    0011221031           CA           80.00        01-Jul-2005        508,800.00        508,800.00
           2                    0011221249           MD           80.00        01-Jul-2005        560,000.00        560,000.00
           2                    0011222567           VA           85.00        01-Jun-2005        374,000.00        372,696.08
           2                    0011225008           CA           67.61        01-Jul-2005        240,000.00        239,763.24
           2                    0011229637           MD           80.00        01-Jul-2005        476,000.00        475,003.75
           2                    0011229900           CA           80.00        01-Jul-2005        606,832.00        604,454.64
           2                    0011234110           CA           88.03        01-Jul-2005        515,000.00        513,751.56
           2                    0011237226           IL           44.62        01-Jul-2005         58,000.00         57,885.14
           2                    0011237697           IL           95.00        01-Jul-2005        327,750.00        326,811.02





               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                   0011190237       Loan Paid in Full          (1)             7.625%          360               4
           1                   0011190255       Loan Paid in Full          (1)            10.240%          180               4
           1                   0011212270       Loan Paid in Full           0             10.875%          180               3
           1                   0011212393       Loan Paid in Full           0              9.990%          180               3
           1                   0011213042       Loan Paid in Full           0             11.990%          180               3
           1                   0011213574       Loan Paid in Full           0              9.250%          180               3
           1                   0011214813       Loan Paid in Full           1              7.800%          360               3
           1                   0011218464       Loan Paid in Full           0              8.990%          180               3
           1                   0011220797       Loan Paid in Full           0              7.500%          360               3
           1                   0011165579       Loan Paid in Full           0              6.990%          360               5
           1                   0011184387       Loan Paid in Full           0              7.950%          360               4
           1                   0011185177       Loan Paid in Full           0              5.500%          360               3
           1                   0011189281       Loan Paid in Full           0              6.700%          360               4
           1                   0011195980       Loan Paid in Full           0              6.575%          360               4
           1                   0011196391       Loan Paid in Full           0              6.000%          360               3
           1                   0011196972       Loan Paid in Full           0              8.125%          360               3
           1                   0011200163       Loan Paid in Full           0              6.825%          360               4
           1                   0011202142       Loan Paid in Full           0              7.000%          360               4
           1                   0011203307       Loan Paid in Full           0              8.275%          360               4
           1                   0011203558       Loan Paid in Full           0              7.990%          360               3
           1                   0011209790       Loan Paid in Full           0              7.990%          360               3
           1                   0011212263       Loan Paid in Full           0              6.750%          360               3
           1                   0011215474       Loan Paid in Full           0              7.375%          360               3
           1                   0011216608       Loan Paid in Full           0              8.500%          360               3
           1                   0011217421       Loan Paid in Full           0              6.350%          360               3
           1                   0011219250       Loan Paid in Full          (1)             5.750%          360               3
           1                   0011224163       Loan Paid in Full           0              5.350%          360               3
           1                   0011228419       Loan Paid in Full           1              8.400%          360               4
           1                   0011228526       Loan Paid in Full          (1)             7.250%          360               4
           1                   0011230947       Loan Paid in Full           1              5.500%          360               4
           2                   0011179101       Loan Paid in Full           0             10.750%          180               3
           2                   0011192714       Loan Paid in Full           0             10.875%          180               4
           2                   0011193096       Loan Paid in Full           0              8.990%          360               3
           2                   0011194317       Loan Paid in Full           0              9.990%          180               4
           2                   0011198614       Loan Paid in Full           1             10.875%          180               4
           2                   0011199501       Loan Paid in Full           0              9.990%          180               3
           2                   0011199668       Loan Paid in Full           1             10.875%          180               3
           2                   0011211038       Loan Paid in Full           1             10.500%          180               3
           2                   0011211446       Loan Paid in Full           0             10.850%          180               3
           2                   0011212161       Loan Paid in Full          (1)             9.250%          180               3
           2                   0011212221       Loan Paid in Full           0             10.875%          180               3
           2                   0011212898       Loan Paid in Full           0              9.990%          180               3
           2                   0011215761       Loan Paid in Full           0              8.500%          180               3
           2                   0011216345       Loan Paid in Full           0              9.500%          180               3
           2                   0011221033       Loan Paid in Full           0              9.990%          180               3
           2                   0011229638       Loan Paid in Full           0              8.990%          180               3
           2                   0011229984       Loan Paid in Full           0              9.750%          180               3
           2                   0011232097       Loan Paid in Full           1              9.990%          180               3
           2                   0011152773       Loan Paid in Full           0              7.600%          360               3
           2                   0011172092       Loan Paid in Full           0              5.750%          360               5
           2                   0011178405       Loan Paid in Full           0              6.990%          360               3
           2                   0011179100       Loan Paid in Full           0              7.150%          360               3
           2                   0011182876       Loan Paid in Full           0              6.990%          360               4
           2                   0011185777       Loan Paid in Full           0              7.375%          360               4
           2                   0011190188       Loan Paid in Full           0              6.375%          360               3
           2                   0011191187       Loan Paid in Full           0              7.750%          360               4
           2                   0011192160       Loan Paid in Full           0              7.250%          360               3
           2                   0011192628       Loan Paid in Full           0              6.950%          360               3
           2                   0011194041       Loan Paid in Full           0              7.400%          360               3
           2                   0011194658       Loan Paid in Full           0              7.500%          360               3
           2                   0011196394       Loan Paid in Full           0              7.500%          360               3
           2                   0011197564       Loan Paid in Full           0              7.900%          360               3
           2                   0011202705       Loan Paid in Full           0              6.250%          360               4
           2                   0011202874       Loan Paid in Full           0              8.500%          360               4
           2                   0011203685       Loan Paid in Full           0              6.451%          360               4
           2                   0011205541       Loan Paid in Full           1              6.375%          360               4
           2                   0011206062       Loan Paid in Full           1              6.375%          360               3
           2                   0011206277       Loan Paid in Full           0              7.170%          360               3
           2                   0011210006       Loan Paid in Full           1              6.675%          360               3
           2                   0011211868       Loan Paid in Full           1              8.125%          360               3
           2                   0011212164       Loan Paid in Full          (1)             6.490%          360               3
           2                   0011213122       Loan Paid in Full           0              7.875%          360               3
           2                   0011213271       Loan Paid in Full           0              7.850%          360               3
           2                   0011214056       Loan Paid in Full           0              6.790%          360               3
           2                   0011216100       Loan Paid in Full          (2)             7.740%          360               3
           2                   0011217094       Loan Paid in Full           0              6.490%          360               3
           2                   0011219107       Loan Paid in Full           1              8.865%          360               3
           2                   0011219573       Loan Paid in Full           0              6.500%          360               3
           2                   0011220994       Loan Paid in Full           0              6.825%          360               3
           2                   0011221031       Loan Paid in Full           0              7.750%          360               3
           2                   0011221249       Loan Paid in Full           0              6.550%          360               3
           2                   0011222567       Loan Paid in Full           0              7.875%          360               4
           2                   0011225008       Loan Paid in Full           0              8.550%          360               3
           2                   0011229637       Loan Paid in Full           0              5.875%          360               3
           2                   0011229900       Loan Paid in Full           0              6.125%          360               3
           2                   0011234110       Loan Paid in Full           0              8.550%          360               3
           2                   0011237226       Loan Paid in Full           0              9.525%          360               3
           2                   0011237697       Loan Paid in Full          (1)             7.725%          360               3




                                            Prepayment - Voluntary Prepayments


  Summary
     SMM                                   CPR                                      PSA
     <s>                  <c>              <s>                   <c>                <s>                         <c>
     Current Month            2.174%       Current Month             23.187%        Current Month               3,483.069%
     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>



         Nov-2004          N/A           N/A                          Nov-2004          N/A           N/A
         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          N/A           N/A                          Jun-2005          N/A           N/A
         Jul-2005          N/A           N/A                          Jul-2005          N/A           N/A
         Aug-2005          N/A           N/A                          Aug-2005          N/A           N/A
         Sep-2005          N/A           N/A                          Sep-2005          N/A           N/A
         Oct-2005      23.187%           N/A                          Oct-2005   3,483.069%           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            1.286%       Current Month             14.388%        Current Month               2,143.952%
     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>



         Nov-2004          N/A           N/A                          Nov-2004          N/A           N/A
         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          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      14.388%           N/A                          Oct-2005   2,143.952%           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            1.971%       Current Month             21.246%        Current Month               3,187.102%
     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>



         Nov-2004          N/A           N/A                          Nov-2004          N/A           N/A
         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          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      21.246%           N/A                          Oct-2005   3,187.102%           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            1.487%       Current Month             16.451%        Current Month               2,424.256%
     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>



         Nov-2004          N/A           N/A                          Nov-2004          N/A           N/A
         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          N/A           N/A                          Jun-2005          N/A           N/A
         Jul-2005          N/A           N/A                          Jul-2005          N/A           N/A
         Aug-2005          N/A           N/A                          Aug-2005          N/A           N/A
         Sep-2005          N/A           N/A                          Sep-2005          N/A           N/A
         Oct-2005      16.451%           N/A                          Oct-2005   2,424.256%           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            2.506%       Current Month             26.253%        Current Month               3,966.903%
     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>



         Nov-2004          N/A           N/A                          Nov-2004          N/A           N/A
         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          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      26.253%           N/A                          Oct-2005   3,966.903%           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
                           Beginning            Current
             Loan          Scheduled          Scheduled        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

                          Current                                                          Current
            Loan        Scheduled     Current          Current             Loan           Scheduled    Current           Current
          Number          Balance        Rate          Payment           Number             Balance       Rate           Payment
<s>               <c>               <c>         <c>              <c>              <c>                 <c>    <c>

                                                 No Substitutions this Period




                                  Repurchases

                                   Current
               Loan              Scheduled        Current               Current
             Number                Balance           Rate               Payment
<s>                                   <c>            <c>                   <c>

                           No Repurchases this Period




                                       Breaches

                                   Current
               Loan              Scheduled        Current               Current
             Number                Balance           Rate               Payment
<s>                                   <c>            <c>                   <c>

                             No Breaches this Period