Common use of Documentation Level Clause in Contracts

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 Total: 4,150 747,387,982 100.00 6.876 340 82.39 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 876 216,217,593 67.78 6.820 340 83.77 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 314 87,871,202 27.55 7.108 331 80.58 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 46 14,895,697 4.67 6.827 329 82.37 Total: 4,150 747,387,982 1,236 318,984,491 100.00 6.876 340 82.39 6.900 337 82.83 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 1,248 120,952,829 53.05 8.058 285 86.14 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 994 86,645,064 38.00 9.066 245 88.41 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 220 20,412,779 8.95 8.669 246 90.72 Total: 4,150 747,387,982 2,462 228,010,672 100.00 6.876 340 82.39 -----------------------------------------------------------------------------------------------------------8.496 266 87.41

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 610 94,282,322 60.86 6.871 351 78.54 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 331 58,218,889 37.58 7.214 355 77.93 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 14 2,410,956 1.56 7.141 335 82.70 ---------------------------------------------------------------------------------------------------------------------------- Total: 4,150 747,387,982 955 154,912,167 100.00 6.876 340 82.39 -----------------------------------------------------------------------------------------------------------7.004 352 78.38

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 1,800 261,574,932 61.06 6.779 344 83.24 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 1,004 150,247,469 35.07 6.987 340 79.90 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 110 16,581,089 3.87 6.921 337 83.01 Total: 4,150 747,387,982 2,914 428,403,491 100.00 6.876 340 82.39 6.858 342 82.06 -----------------------------------------------------------------------------------------------------------

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ----------------------------------------------- -------- ----------- --------- -------- --------- -------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 1,027 193,841,748 47.66 6.837 349 81.01 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 773 188,413,431 46.32 7.149 353 79.18 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 91 24,494,735 6.02 6.860 356 82.10 Total: 4,150 747,387,982 1,891 406,749,915 100.00 6.876 340 82.39 -----------------------------------------------------------------------------------------------------------6.983 351 80.23 Top

Documentation Level. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Combined Comb Mortgage Principal Principal Interest Term Original Documentation Level Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- Full Documentation 2,676 477,792,525 63.93 6.798 342 83.48 1,701 319,491,533 56.84 6.826 351 79.60 Stated Documentation 1,318 238,118,671 31.86 7.032 337 80.15 1,010 220,674,357 39.26 7.328 352 79.86 Limited Documentation 156 31,476,786 4.21 6.877 333 82.71 82 21,922,637 3.90 6.808 353 79.63 ---------------------------------------------------------------------------------------------------------------------------- Total: 4,150 747,387,982 2,793 562,088,526 100.00 6.876 340 82.39 -----------------------------------------------------------------------------------------------------------7.022 351 79.70