Common use of Documentation Level Clause in Contracts

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 Total: 1,891 406,749,915 100.00 6.983 351 80.23 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ----------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 2,676 477,792,525 63.93 6.798 342 83.48 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 1,318 238,118,671 31.86 7.032 337 80.15 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 156 31,476,786 4.21 6.877 333 82.71 Total: 1,891 406,749,915 4,150 747,387,982 100.00 6.983 351 80.23 Top6.876 340 82.39 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ----------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 876 216,217,593 67.78 6.820 340 83.77 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 314 87,871,202 27.55 7.108 331 80.58 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 46 14,895,697 4.67 6.827 329 82.37 Total: 1,891 406,749,915 1,236 318,984,491 100.00 6.983 351 80.23 Top6.900 337 82.83 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 1,248 120,952,829 53.05 8.058 285 86.14 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 994 86,645,064 38.00 9.066 245 88.41 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 220 20,412,779 8.95 8.669 246 90.72 Total: 1,891 406,749,915 2,462 228,010,672 100.00 6.983 351 80.23 Top8.496 266 87.41

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 610 94,282,322 60.86 6.871 351 78.54 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 331 58,218,889 37.58 7.214 355 77.93 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 14 2,410,956 1.56 7.141 335 82.70 ---------------------------------------------------------------------------------------------------------------------------- Total: 1,891 406,749,915 955 154,912,167 100.00 6.983 351 80.23 Top7.004 352 78.38

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ----------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 1,800 261,574,932 61.06 6.779 344 83.24 Stated Documentation 773 188,413,431 46.32 7.149 353 79.18 1,004 150,247,469 35.07 6.987 340 79.90 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 110 16,581,089 3.87 6.921 337 83.01 Total: 1,891 406,749,915 2,914 428,403,491 100.00 6.983 351 80.23 Top6.858 342 82.06 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Weighted Average of Date Date Gross Remaining Average Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 1,027 193,841,748 47.66 6.837 349 81.01 1,701 319,491,533 56.84 6.826 351 79.60 Stated Documentation 773 188,413,431 46.32 7.149 1,010 220,674,357 39.26 7.328 352 79.86 Limited 82 21,922,637 3.90 6.808 353 79.18 Limited Documentation 91 24,494,735 6.02 6.860 356 82.10 79.63 ---------------------------------------------------------------------------------------------------------------------------- Total: 1,891 406,749,915 2,793 562,088,526 100.00 6.983 7.022 351 80.23 Top79.70