Contract

EXHIBIT 99.2

The depositor has purchased mortgage loans from IndyMac Bank, F.S.B. (“IndyMac Bank”) pursuant to a pooling and servicing agreement, dated as of June 1, 2006, among IndyMac Bank, as seller and servicer, the depositor and the trustee, and assigned to the trustee for the benefit of holders of the certificates the mortgage loans (the “Closing Date Mortgage Loans”). Pursuant to each subsequent transfer instrument, the trust acquired subsequent mortgage loans (the “Subsequent Mortgage Loans” and together with the Closing Date Mortgage Loans, the “Mortgage Loans”) to be included in the mortgage pool. The Closing Date Mortgage Loans and Subsequent Mortgage Loans included in the trust are referred to as the “Mortgage Loans”. The Mortgage Loans have an aggregate principal balance as of the subsequent cut-off date of approximately $55,713,769. The Mortgage Loans included in loan group I have an aggregate principal balance equal to approximately $191,571,886, the Mortgage Loans included in loan group II have an aggregate principal balance equal to approximately $191,086,390 and the Mortgage Loans included in loan group III have an aggregate principal balance equal to approximately $383,400,483.

At origination, 99.18% of the Mortgage Loans in loan group I, approximately 96.56% of the Mortgage Loans in loan group II and approximately 97.51% of the Mortgage Loans in loan group III had stated terms to maturity of 30 years. Substantially all of the Mortgage Loans provide for payments due on the first day of each month (a “due date”). Scheduled monthly payments made by the mortgagors on the mortgage loans (“scheduled payments”) either earlier or later than the scheduled due dates thereof is not expected to affect the amortization schedule or the relative application of those payments to principal and interest.

With the exception of 116 of the Mortgage Loans in loan group I, 131 of the Mortgage Loans in loan group II, and 544 of the Mortgage Loans in loan group III, representing approximately 13.61%, 14.67% and 34.65%, respectively, of the Mortgage Loans in that loan group (these Mortgage Loans are referred to in this prospectus supplement as the “interest-only mortgage loans”), all of the Mortgage Loans in each loan group will provide for the amortization of the amount financed over a series of substantially equal monthly payments. The terms of the interest-only mortgage loans only require the related mortgagor to pay interest on the principal balance of the mortgage loan for either the first two, three, five or ten years after its origination, but require that the entire principal balance of the mortgage loan be fully amortized over the related remaining term of the mortgage loan following such interest only period.

Approximately 14.49% of the Mortgage Loans in loan group I, approximately 16.87% of the Mortgage Loans in loan group II and approximately 13.31% of the Mortgage Loans in loan group III are balloon loans and provide for equal monthly payments, consisting of principal and interest, based on a stated amortization schedule, and a single payment of the remaining principal balance of the loan at maturity.

Approximately 698 Mortgage Loans in loan group I, approximately 755 Mortgage Loans in loan group II and approximately 1235 of the Mortgage Loans in loan group III representing approximately 59.90%, 58.27% and 63.04% of the cut-off date principal balance of the mortgage loans in the respective loan groups contain prepayment charges. Prepayment charges provide that if the borrower were to prepay the mortgage loan in full at any time from the origination of the mortgage loan to a date set forth in the related mortgage note (the “Prepayment Charge Period”), the borrower would also have to pay a fee in addition to the amount necessary to repay the mortgage loan. The Prepayment Charge Period for the mortgage loans vary from one year to five years, depending on the terms set forth in the related mortgage note. The amount of the prepayment charge varies.

The mortgage rate of each of the fixed-rate mortgage loans will be fixed for the life of the loan. The Mortgage Rates for a substantial majority of the adjustable-rate mortgage loans will be fixed for a period after the origination of each such mortgage loan, after which it will adjust semi-annually or annually based on the applicable Loan Index. The rates on these loans adjust periodically on a date (the “Adjustment Date”) after an initial period during which their rate is fixed that ends on their initial Adjustment Date. The change in the interest rate of any adjustable rate loan on any single Adjustment Date may not exceed a maximum known as its “Periodic Rate Cap” nor the maximum known as the “Maximum Mortgage Rate”. The interest rate for each of these mortgage loans is computed as a margin specified in the related mortgage note over the applicable Loan Index which may be 6-month LIBOR, 1-year LIBOR or 1-year CMT. “6-month LIBOR” is the average of interbank offered rates for six month U.S. dollar deposits, respectively, in the London market based on quotations of major banks, as published either (x) by Xxxxxx Xxx either 30 or 45 days before the Adjustment Date or (y) in the “Money Rates” section of The Wall Street Journal as of the first business day of the month before the Adjustment Date. “1-year LIBOR” is the average of interbank offered rates for one year U.S. dollar deposits, respectively, in the London market based on quotations of major banks, as published either (x) by Xxxxxx Mae either 30 or 45 days before the Adjustment Date or (y) in the “Money Rates” section of The Wall Street Journal as of the first business day of the month before the Adjustment Date. “1-year CMT” is the weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of one year as made available by the Federal Reserve. The following tables summarize these characteristics of the different loan programs for the different types of adjustable-rate mortgage loans that will be included in the trust.

Type	Initial Fixed Rate Period	Base Index	Periodic Rate Adjustment Period
2/6 LIBOR Adjustable Mortgage Loans	2 years	6-month LIBOR	6 mos.
3/6 LIBOR Adjustable Mortgage Loans	3 years	6-month LIBOR	6 mos.
3/1 CMT Adjustable Mortgage Loans	3 years	1-year CMT	1 year
3/1 LIBOR Adjustable Mortgage Loans	3 years	1-year LIBOR	1 year
5/6 LIBOR Adjustable Mortgage Loans	5 years	6-month LIBOR	6 mos.
5/1 CMT Adjustable Mortgage Loans	5 years	1-year CMT	1 year
5/1 LIBOR Adjustable Mortgage Loans	5 years	1-year LIBOR	1 year

The 2/28 Adjustable Mortgage Loans will include performance loans (“Performance Loans”) that provide borrowers the potential of a margin reduction for good payment history. The payment history for the Performance Loan is evaluated in the second month preceding the month in which the initial Adjustment Date occurs. If the related borrower has made scheduled payments in full since the origination of that loan with a maximum of one late payment (which cannot be in the month of evaluation) the loan is eligible for a reduction (ranging from 0.50% to 1.00%) in the margin used to calculate the mortgage rate. Approximately 1.3767% of the Mortgage Loans are Performance Loans.

ALL MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS

Current Principal Balance

Mortgage Loans and Subsequent Mortgage Loans

Range of Current Mortgage Loan Principal Balance		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.01-50,000.00			384		$	13,620,771			1.78	%
50,000.01-100,000.00			839			64,306,000			8.39
100,000.01-150,000.00			880			109,533,704			14.30
150,000.01-200,000.00			707			124,580,719			16.26
200,000.01-250,000.00			508			114,442,466			14.94
250,000.01-300,000.00			390			106,985,977			13.97
300,000.01-350,000.00			217			70,104,152			9.15
350,000.01-400,000.00			191			71,905,048			9.39
400,000.01-450,000.00			76			32,668,998			4.26
450,000.01-500,000.00			56			27,019,399			3.53
500,000.01-550,000.00			16			8,379,302			1.09
550,000.01-600,000.00			13			7,473,992			0.98
600,000.01-650,000.00			7			4,463,800			0.58
650,000.01-700,000.00			1			670,500			0.09
700,000.01-750,000.00			7			5,097,121			0.67
800,000.01-850,000.00			1			824,000			0.11
950,000.01-1,000,000.00			4			3,964,811			0.52
Total			4,297		$	766,040,759			100.00	%

The average current principal balance of the Mortgage Loans is approximately $178,273.

Mortgage Rate

Mortgage Loans and Subsequent Mortgage Loans

Current Gross Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.001-4.500			2		$	596,720			0.08	%
4.501-5.000			2			980,000			0.13
5.001-5.500			11			3,633,130			0.47
5.501-6.000			44			12,458,804			1.63
6.001-6.500			144			36,161,256			4.72
6.501-7.000			276			70,601,618			9.22
7.001-7.500			339			77,948,627			10.18
7.501-8.000			534			113,974,452			14.88
8.001-8.500			477			98,500,620			12.86
8.501-9.000			595			103,279,748			13.48
9.001-9.500			538			81,853,251			10.69
9.501-10.000			517			74,145,666			9.68
10.001-10.500			320			35,822,985			4.68
10.501-11.000			189			21,994,275			2.87
11.001-11.500			110			12,733,427			1.66
11.501-12.000			109			12,002,878			1.57
12.001-12.500			53			6,575,357			0.86
12.501-13.000			20			1,559,900			0.20
13.001-13.500			8			864,505			0.11
13.501-14.000			7			293,949			0.04
14.001-14.500			2			59,590			0.01
Total			4,297		$	766,040,759			100.00	%

The weighted average mortgage rate of the Mortgage Loans is approximately 8.494%.

FICO Score

Mortgage Loans and Subsequent Mortgage Loans

FICO Score		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
500 and below			27		$	3,545,689			0.46	%
501-520			238			37,023,457			4.83
521-540			327			55,163,257			7.20
541-560			386			65,008,808			8.49
561-580			407			70,509,160			9.20
581-600			447			82,349,929			10.75
601-620			713			128,671,428			16.80
621-640			463			92,817,666			12.12
641-660			359			69,912,039			9.13
661-680			265			54,225,311			7.08
681-700			250			37,892,340			4.95
701-720			179			24,773,011			3.23
721-740			131			20,636,737			2.69
000-000			00			00,724,742			1.53
761-780			24			5,416,929			0.71
781-800			17			5,528,924			0.72
801-820			3			841,331			0.11
Total			4,297		$	766,040,759			100.00	%

The non-zero weighted average FICO score of the Mortgage Loans is approximately 614.

CREDIT LEVELS

Mortgage Loans and Subsequent Mortgage Loans

Credit Level		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			403		$	43,507,992			5.68	%
1++			2,647			504,237,432			65.82
1+			409			78,638,649			10.27
1			249			48,387,275			6.32
2			180			30,390,450			3.97
3			157			24,138,217			3.15
4			252			36,740,744			4.80
Total			4,297		$	766,040,759			100.00	%

LIEN STATUS

Mortgage Loans and Subsequent Mortgage Loans

Lien Status		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
First Lien			3,960		$	748,111,360			97.66	%
Second Lien			337			17,929,399			2.34
Total			4,297		$	766,040,759			100.00	%

Original Loan-To-Value Ratios ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans

Original Loan-to-Value Ratios		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
50.00 and below			231		$	33,220,605			4.34	%
50.01-55.00			84			15,037,215			1.96
55.01-60.00			127			22,870,399			2.99
60.01-65.00			193			39,841,627			5.20
65.01-70.00			358			63,196,097			8.25
70.01-75.00			298			56,437,300			7.37
75.01-80.00			1,275			268,706,328			35.08
80.01-85.00			370			66,832,838			8.72
85.01-90.00			765			115,696,118			15.10
90.01-95.00			236			37,559,103			4.90
95.01-100.00			360			46,643,128			6.09
Total			4,297		$	766,040,759			100.00	%

⁽¹⁾ References to loan-to-value ratios are references to combined loan-to-value ratios with respect to second lien mortgage loans.

The weighted average original loan-to-value ratio of the Mortgage Loans is approximately 78.54%.

TYPE OF DOCUMENTATION PROGRAM

Mortgage Loans and Subsequent Mortgage Loans

Type of Documentation Program		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Full			2,210		$	368,700,167			48.13	%
Limited Income & Asset			81			17,738,352			2.32
Stated Doc			1,949			367,129,726			47.93
No Ratio			17			4,030,967			0.53
No Income No Asset			22			4,875,645			0.64
No Doc			18			3,565,901			0.47
Total			4,297		$	766,040,759			100.00	%

LOAN PURPOSE

Mortgage Loans and Subsequent Mortgage Loans

Loan Purpose		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Purchase			1,620		$	288,248,410			37.63	%
Cashout			2,418			440,615,070			57.52
Refinance-Rate Term			259			37,177,278			4.85
Total			4,297		$	766,040,759			100.00	%

Occupancy type ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans

Occupancy Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Owner Occupied			3,888		$	707,244,856			92.32	%
Second Home			42			8,759,806			1.14
Investor Occupied			367			50,036,097			6.53
Total			4,297		$	766,040,759			100.00	%

⁽¹⁾ Based on representations of the related mortgagors at the time of origination.

PROPERTY TYPE

Mortgage Loans and Subsequent Mortgage Loans

Property Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Single Family Residence			3,016		$	519,091,270			67.76	%
PUD			609			124,767,545			16.29
2 Unit			221			45,412,857			5.93
Condo Xxxx			000			44,282,414			5.78
Townhouse			113			14,099,443			1.84
3 Unit			32			9,167,069			1.20
4 Xxxx			00			5,166,521			0.67
High Rise Condo			27			4,053,641			0.53
Total			4,297		$	766,040,759			100.00	%

STATE

Mortgage Loans and Subsequent Mortgage Loans

State		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
California			469		$	117,911,945			15.39	%
Florida			571			106,833,802			13.95
New York			271			73,869,979			9.64
New Jersey			262			58,215,995			7.60
Maryland			224			45,683,311			5.96
Georgia			235			36,112,647			4.71
Texas			303			33,491,239			4.37
Illinois			185			33,171,630			4.33
Virginia			175			33,039,697			4.31
Massachusetts			113			27,530,151			3.59
Other			1,489			200,180,365			26.13
Total			4,297		$	766,040,759			100.00	%

ZIP CODE

Mortgage Loans and Subsequent Mortgage Loans

Zip Code		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
20735			9		$	2,453,674			0.32	%
22193			7			2,056,289			0.27
92223			6			2,017,231			0.26
11706			7			1,962,931			0.26
11717			7			1,856,748			0.24
93535			6			1,787,354			0.23
07726			4			1,686,986			0.22
11413			5			1,680,541			0.22
34953			7			1,643,238			0.21
33186			7			1,599,628			0.21
Other			4,232			747,296,137			97.55
Total			4,297		$	766,040,759			100.00	%

REMAINING TERM TO MATURITY

Mortgage Loans and Subsequent Mortgage Loans

Remaining Term to Maturity (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
180 and below			284		$	17,244,471			2.25	%
181 - 240			6			454,611			0.06
241 - 360			4007			748,341,677			97.69
Total			4,297		$	766,040,759			100.00	%

The weighted average term to maturity of the Mortgage Loans is approximately 354 months.

Product Type

Statistical Calculation Mortgage Loans and Subsequent Mortgage Loans

Product Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
10 Year Fixed			1		$	113,503			0.01	%
15 Year Fixed			59			6,192,215			0.81
15 Year Fixed-60 Month IO			1			238,000			0.03
20 Year Fixed			6			454,611			0.06
30 Year Fixed			599			92,274,687			12.05
30 Year Fixed-120 Month IO			210			29,545,695			3.86
Fixed-30/10 Balloon			1			168,935			0.02
Fixed-30/15 Balloon			223			10,700,753			1.40
Fixed-40/30 Balloon			55			10,175,719			1.33
2/6 Month LIBOR			1943			329,688,850			43.04
2/6 Month LIBOR-24 Month IO			22			6,432,995			0.84
2/6 Month LIBOR-60 Month IO			1			217,000			0.03
2/6 Month LIBOR-120 Month IO			395			106,903,551			13.96
2/6 Month LIBOR-40/30 Balloon			355			83,267,513			10.87
3/6 Month LIBOR			58			8,275,570			1.08
3/6 Month LIBOR-36 Month IO			4			810,000			0.11
3/6 Month LIBOR-120 Month IO			21			5,219,452			0.68
3/6 Month LIBOR-40/30 Balloon			1			268,046			0.03
3/1 ARM 1 Year LIBOR			117			18,987,720			2.48
3/1 ARM 1 Year LIBOR-120 Month IO			24			6,328,037			0.83
3/1 ARM 1 Year LIBOR-40/30 Balloon			19			4,335,352			0.57
3/1 ARM 1 Year CMT			1			142,334			0.02
3/1 ARM 1 Year CMT-40/30 Balloon			1			264,585			0.03
5/6 Month LIBOR			5			747,027			0.10
5/6 Month LIBOR-120 Month IO			21			5,605,570			0.73
5/1 ARM 1 Year LIBOR			52			11,155,285			1.46
5/1 ARM 1 Year LIBOR-60 Month IO			1			127,406			0.02
5/1 ARM 1 Year LIBOR-120 Month IO			91			25,527,483			3.33
5/1 ARM 1 Year LIBOR-40/30 Balloon			10			1,872,866			0.24
Total			4297		$	766,040,759			100.00	%

PREPAYMENT CHARGE TERM

Mortgage Loans and Subsequent Mortgage Loans

Prepayment Charge Term (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			1,609		$	298,278,138			38.94	%
12			205			45,733,973			5.97
24			1,458			259,896,713			33.93
36			1,022			160,521,406			20.95
60			3			1,610,529			0.21
Total			4,297		$	766,040,759			100.00	%

INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans

Initial Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
1.001-1.500			63		$	9,821,709			1.59	%
1.501-2.000			178			34,224,355			5.55
2.001-2.500			1			123,437			0.02
2.501-3.000			2,713			524,236,987			85.08
3.501-4.000			3			730,069			0.12
4.001-4.500			1			372,000			0.06
4.501-5.000			182			45,932,086			7.45
6.001-6.500			1			736,000			0.12
Total			3,142		$	616,176,643			100.00	%

SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans

Subsequent Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.501-1.000			2,742		$	532,010,585			86.34	%
1.001-1.500			72			11,992,929			1.95
1.501-2.000			324			71,319,622			11.57
2.001-2.500			1			123,437			0.02
2.501-3.000			3			730,069			0.12
Total			3,142		$	616,176,643			100.00	%

GROSS MARGIN OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans

Gross Margin		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			252		$	68,589,732			11.13	%
4.001-4.500			123			28,168,211			4.57
4.501-5.000			389			101,934,636			16.54
5.001-5.500			882			158,548,869			25.73
5.501-6.000			750			145,289,541			23.58
6.001-6.500			307			45,268,225			7.35
6.501-7.000			204			38,887,823			6.31
7.001-7.500			197			23,837,395			3.87
7.501-8.000			23			2,705,345			0.44
8.001-8.500			13			2,733,281			0.44
8.501-9.000			2			213,586			0.03
Total			3,142		$	616,176,643			100.00	%

The weighted average gross margin of the Mortgage Loans is approximately 5.401%.

MAXIMUM MORTGAGE RATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans

Maximum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
8.501-9.000			1		$	280,000			0.05	%
9.001-9.500			2			336,900			0.05
9.501-10.000			2			187,083			0.03
10.001-10.500			10			1,950,716			0.32
10.501-11.000			14			3,251,592			0.53
11.001-11.500			28			8,468,029			1.37
11.501-12.000			55			16,391,301			2.66
12.001-12.500			85			22,936,530			3.72
12.501-13.000			153			39,895,387			6.47
13.001-13.500			221			54,978,425			8.92
13.501-14.000			396			90,505,082			14.69
14.001-14.500			385			83,706,460			13.58
14.501-15.000			478			89,234,419			14.48
15.001-15.500			395			69,577,943			11.29
15.501-16.000			375			59,779,819			9.70
16.001-16.500			221			29,409,728			4.77
16.501-17.000			129			19,216,873			3.12
17.001-17.500			75			10,346,819			1.68
17.501-18.000			68			9,094,325			1.48
18.001-18.500			32			4,799,712			0.78
18.501-19.000			10			1,050,944			0.17
19.001-19.500			7			778,555			0.13
Total			3,142		$	616,176,643			100.00	%

The weighted average maximum mortgage rate of the Mortgage Loans is approximately 14.496%.

Minimum Mortgage Rate of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans

Minimum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			242		$	65,215,756			10.58	%
4.001-4.500			126			29,663,251			4.81
4.501-5.000			384			100,451,446			16.30
5.001-5.500			867			157,004,320			25.48
5.501-6.000			735			143,192,455			23.24
6.001-6.500			305			45,545,394			7.39
6.501-7.000			212			40,473,662			6.57
7.001-7.500			210			25,378,151			4.12
7.501-8.000			29			3,671,118			0.60
8.001-8.500			19			3,667,948			0.60
8.501-9.000			10			1,353,641			0.22
9.001-9.500			2			334,500			0.05
9.501-10.000			1			225,000			0.04
Total			3,142		$	616,176,643			100.00	%

The weighted average minimum mortgage rate of the Mortgage Loans is approximately 5.436%.

NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans

Next Rate Adjustment Date		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
June 2006			2		$	300,799			0.05	%
July 2006			2			236,235			0.04
August 2006			5			824,052			0.13
September 2006			12			1,498,357			0.24
October 2006			23			3,348,597			0.54
November 2006			12			1,268,977			0.21
December 2006			3			426,613			0.07
January 2007			4			578,625			0.09
February 2007			3			336,331			0.05
March 2007			4			865,275			0.14
April 2007			9			1,590,819			0.26
May 2007			13			1,962,206			0.32
June 2007			11			2,887,191			0.47
July 2007			16			2,282,766			0.37
August 2007			17			4,374,006			0.71
September 2007			25			4,185,811			0.68
October 2007			2			206,154			0.03
November 2007			2			277,645			0.05
December 2007			4			715,097			0.12
January 2008			10			2,121,265			0.34
February 2008			34			10,150,328			1.65
March 2008			113			26,445,721			4.29
April 2008			670			132,726,973			21.54
May 2008			735			138,149,964			22.42
June 2008			765			147,839,026			23.99
July 2008			218			40,019,172			6.49
September 2008			1			670,500			0.11
October 2008			1			90,316			0.01
November 2008			4			842,108			0.14
January 2009			32			5,413,070			0.88
February 2009			9			1,332,537			0.22
March 2009			14			2,790,458			0.45
April 2009			75			12,796,066			2.08
May 2009			49			9,620,345			1.56
June 2009			46			8,302,905			1.35
July 2009			14			2,571,100			0.42
August 2010			1			117,623			0.02
October 2010			3			557,776			0.09
November 2010			3			834,000			0.14
December 2010			2			858,597			0.14
February 2011			16			3,845,114			0.62
March 2011			32			9,213,168			1.50
April 2011			62			15,837,984			2.57
May 2011			33			7,751,297			1.26
June 2011			25			5,755,723			0.93
July 2011			6			1,357,950			0.22
Total			3,142		$	616,176,643			100.00	%

The weighted average number of months to the next adjustment date for the Mortgage Loans is approximately 26 months.

MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS IN LOAN GROUP I

The Mortgage Loans to be included in loan group I consist of 1,104 adjustable-rate and fixed-rate Mortgage Loans having an aggregate principal balance of $191,571,886, subject to a permitted variance of plus or minus 5%. The Mortgage Loans included in loan group I have the characteristics set forth below (the sum in any column may not equal the total indicated due to rounding).

CURRENT PRINCIPAL BALANCE

mortgage loans and subsequent mortgage loans in loan group i

Range of Current Mortgage Loan Principal Balance		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.01-50,000.00			47		$	1,882,890			0.98	%
50,000.01-100,000.00			217			17,055,924			8.90
100,000.01-150,000.00			273			33,874,834			17.68
150,000.01-200,000.00			190			33,751,930			17.62
200,000.01-250,000.00			151			34,026,837			17.76
250,000.01-300,000.00			112			30,547,818			15.95
300,000.01-350,000.00			62			19,986,330			10.43
350,000.01-400,000.00			45			17,038,073			8.89
400,000.01-450,000.00			4			1,728,250			0.90
450,000.01-500,000.00			1			480,000			0.25
550,000.01-600,000.00			1			559,000			0.29
600,000.01-650,000.00			1			640,000			0.33
Total			1,104		$	191,571,886			100.00	%

The average current principal balance of the Group I Mortgage Loans is approximately $173,525.

mortgage rate

Mortgage Loans and Subsequent Mortgage Loans in Loan Group i

Current Gross Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
5.001-5.500			2		$	676,323			0.35	%
5.501-6.000			2			524,109			0.27
6.001-6.500			14			3,016,123			1.57
6.501-7.000			43			9,834,032			5.13
7.001-7.500			70			15,487,923			8.08
7.501-8.000			132			26,305,017			13.73
8.001-8.500			141			28,760,254			15.01
8.501-9.000			178			30,970,986			16.17
9.001-9.500			153			24,863,014			12.98
9.501-10.000			140			21,313,270			11.13
10.001-10.500			85			11,157,480			5.82
10.501-11.000			51			7,002,683			3.66
11.001-11.500			37			4,599,921			2.40
11.501-12.000			33			3,736,707			1.95
12.001-12.500			16			2,447,604			1.28
12.501-13.000			5			645,701			0.34
13.001-13.500			2			230,740			0.12
Total			1,104		$	191,571,886			100.00	%

The weighted average mortgage rate of the Group I Mortgage Loans is approximately 8.848%.

FICO SCORE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

FICO Score		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
500 and below			8		$	1,018,531			0.53	%
000-000			00			00,812,951			7.21
521-540			110			20,617,975			10.76
541-560			117			19,513,166			10.19
561-580			137			22,834,861			11.92
581-600			115			19,808,208			10.34
601-620			197			32,572,080			17.00
621-640			113			21,732,590			11.34
641-660			102			17,824,633			9.30
661-680			55			9,490,089			4.95
681-700			28			4,590,387			2.40
701-720			19			3,589,863			1.87
721-740			9			1,540,388			0.80
741-760			5			1,097,372			0.57
761-780			4			624,759			0.33
781-800			2			506,909			0.26
801-820			1			397,123			0.21
Total			1,104		$	191,571,886			100.00	%

The non-zero weighted average FICO score of the Group I Mortgage Loans is approximately 597.

Credit Levels

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Credit Level		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			21		$	4,234,564			2.21	%
1++			699			121,007,276			63.17
1+			113			21,904,131			11.43
1			83			15,583,850			8.13
2			58			9,844,858			5.14
3			47			7,668,484			4.00
4			83			11,328,721			5.91
Total			1,104		$	191,571,886			100.00	%

LIEN STATUS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Lien Status		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
First Lien			1,104		$	191,571,886			100.00	%
Total			1,104		$	191,571,886			100.00	%

ORIGINAL LOAN-TO-VALUE RATIOS ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Original Loan-to-Value Ratios		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
50.00 and below			70		$	10,244,190			5.35	%
50.01-55.00			29			5,164,604			2.70
55.01-60.00			39			7,474,103			3.90
60.01-65.00			61			11,965,931			6.25
65.01-70.00			113			18,630,643			9.73
70.01-75.00			90			17,715,698			9.25
75.01-80.00			266			46,618,406			24.33
80.01-85.00			105			19,849,248			10.36
85.01-90.00			207			36,438,485			19.02
90.01-95.00			48			8,450,058			4.41
95.01-100.00			76			9,020,519			4.71
Total			1,104		$	191,571,886			100.00	%

⁽¹⁾ References to loan-to-value ratios are references to combined loan-to-value ratios with respect to second lien mortgage loans.

The weighted average original loan-to-value ratio of the Group I Mortgage Loans is approximately 77.32%.

type of documentation program

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Type of Documentation Program		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Full			623		$	99,872,210			52.13	%
Stated			449			84,598,546			44.16
Limited Documentation			30			6,355,929			3.32
No Ratio			2			745,200			0.39
Total			1,104		$	191,571,886			100.00	%

LOAN PURPOSE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Loan Purpose		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Cashout			771		$	146,625,449			76.54	%
Purchase			256			34,081,402			17.79
Refinance-Rate Term			77			10,865,034			5.67
Total			1,104		$	191,571,886			100.00	%

OCCUPANCY TYPE ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Occupancy Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Owner Occupied			952		$	168,279,141			87.84	%
Investor Occupied			135			20,368,496			10.63
Second Home			17			2,924,249			1.53
Total			1,104		$	191,571,886			100.00	%

⁽¹⁾ Based on representations of the related mortgagors at the time of origination.

property type

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Property Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Single Family Residence			821		$	137,585,610			71.82	%
PUD			132			25,739,471			13.44
2 Unit			50			10,869,710			5.67
Condo Unit			54			8,445,828			4.41
Townhouse			29			3,964,792			2.07
3 Unit			8			2,789,034			1.46
4 Unit			4			1,083,749			0.57
High Rise Condo			6			1,093,692			0.57
Total			1,104		$	191,571,886			100.00	%

STATE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

State		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Florida			143		$	25,752,828			13.44	%
California			81			20,335,608			10.62
New York			70			18,379,094			9.59
New Jersey			73			16,233,729			8.47
Maryland			70			14,971,317			7.81
Georgia			68			9,810,146			5.12
Illinois			51			9,256,582			4.83
Texas			85			8,755,780			4.57
Virginia			47			8,662,513			4.52
Massachusetts			30			6,257,580			3.27
Other			386			53,156,706			27.75
Total			1,104		$	191,571,886			100.00	%

ZIP Code

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Zip Code		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
85338			5		$	1,185,283			0.62	%
20735			4			1,171,888			0.61
11717			4			1,104,366			0.58
33196			3			839,779			0.44
30044			5			835,872			0.44
10306			2			799,776			0.42
30013			3			663,361			0.35
08527			2			651,877			0.34
22193			2			643,000			0.34
90247			1			640,000			0.33
Other			1,073			183,036,684			95.54
Total			1,104		$	191,571,886			100.00	%

remaining term to maturity

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Remaining Term to Maturity (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
180 and below			15		$	1,486,431			0.78	%
181 - 240			1			79,500			0.04
241 - 360			1,088			190,005,955			99.18
Total			1,104		$	191,571,886			100.00	%

The weighted average term to maturity of the Group I Mortgage Loans is approximately 357 months.

PRODUCT TYPE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Product Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
15 Year Fixed			15		$	1,486,431			0.78	%
20 Year Fixed			1			79,500			0.04
30 Year Fixed			183			26,334,602			13.75
30 Year Fixed-120 Month IO			26			6,029,691			3.15
Fixed-40/30 Balloon			22			4,285,393			2.24
2/6 Month LIBOR			588			98,235,500			51.28
2/6 Month LIBOR-24 Month IO			1			188,000			0.10
2/6 Month LIBOR-120 Month IO			60			13,348,599			6.97
2/6 Month LIBOR-40/30 Balloon			100			21,364,795			11.15
3/6 Month LIBOR			8			1,330,027			0.69
3/6 Month LIBOR-36 Month IO			3			622,850			0.33
3/6 Month LIBOR-120 Month IO			3			596,865			0.31
3/6 Month LIBOR-40/30 Balloon			1			268,046			0.14
3/1 ARM 1 Year LIBOR			39			5,678,140			2.96
3/1 ARM 1 Year LIBOR-120 Month IO			3			772,940			0.40
3/1 ARM 1 Year LIBOR-40/30 Balloon			7			1,341,749			0.70
3/1 ARM 1 Year CMT			1			142,334			0.07
5/6 Month LIBOR-120 Month IO			4			862,320			0.45
5/1 ARM 1 Year LIBOR			20			4,438,256			2.32
5/1 ARM 1 Year LIBOR-120 Month IO			16			3,657,900			1.91
5/1 ARM 1 Year LIBOR-40/30 Balloon			3			507,947			0.27
Total			1,104		$	191,571,886			100.00	%

Prepayment Charge Term

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Prepayment Charge Term (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			406		$	76,822,203			40.10	%
12			51			10,303,334			5.38
24			384			62,083,542			32.41
36			263			42,362,807			22.11
Total			1,104		$	191,571,886			100.00	%

INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Initial Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
1.001-1.500			9		$	1,699,425			1.11	%
1.501-2.000			51			8,134,216			5.30
2.501-3.000			753			133,793,555			87.24
3.501-4.000			1			262,650			0.17
4.501-5.000			43			9,466,423			6.17
Total			857		$	153,356,269			100.00	%

SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Subsequent Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.501-1.000			756		$	134,513,540			87.71	%
1.001-1.500			10			1,800,999			1.17
1.501-2.000			90			16,779,080			10.94
2.501-3.000			1			262,650			0.17
Total			857		$	153,356,269			100.00	%

Gross Margin of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Gross Margin		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			18		$	3,394,014			2.21	%
4.001-4.500			16			2,739,250			1.79
4.501-5.000			124			31,655,480			20.64
5.001-5.500			237			39,349,004			25.66
5.501-6.000			237			43,730,551			28.52
6.001-6.500			96			13,282,067			8.66
6.501-7.000			60			10,699,812			6.98
7.001-7.500			60			6,916,154			4.51
7.501-8.000			5			728,656			0.48
8.001-8.500			4			861,282			0.56
Total			857		$	153,356,269			100.00	%

The weighted average gross margin of the Group I Mortgage Loans is approximately 5.663%.

MAXIMUM MORTGAGE RATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Maximum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
9.001-9.500			1		$	215,300			0.14	%
10.001-10.500			2			285,112			0.19
10.501-11.000			3			541,550			0.35
11.001-11.500			3			854,776			0.56
11.501-12.000			6			1,655,925			1.08
12.001-12.500			14			2,770,579			1.81
12.501-13.000			22			4,857,464			3.17
13.001-13.500			42			9,358,022			6.10
13.501-14.000			100			20,377,522			13.29
14.001-14.500			114			23,861,844			15.56
14.501-15.000			146			26,014,781			16.96
15.001-15.500			128			21,766,742			14.19
15.501-16.000			110			17,940,130			11.70
16.001-16.500			60			8,640,079			5.63
16.501-17.000			41			5,575,385			3.64
17.001-17.500			23			3,107,092			2.03
17.501-18.000			24			2,827,304			1.84
18.001-18.500			11			1,830,218			1.19
18.501-19.000			5			645,701			0.42
19.001-19.500			2			230,740			0.15
Total			857		$	153,356,269			100.00	%

The weighted average maximum mortgage rate of the Group I Mortgage Loans is approximately 14.847%.

Minimum Mortgage Rate of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Minimum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			18		$	3,394,014			2.21	%
4.001-4.500			16			2,739,250			1.79
4.501-5.000			119			30,280,290			19.75
5.001-5.500			235			39,379,040			25.68
5.501-6.000			233			43,188,305			28.16
6.001-6.500			96			13,456,386			8.77
6.501-7.000			60			10,690,702			6.97
7.001-7.500			64			7,395,709			4.82
7.501-8.000			7			1,167,691			0.76
8.001-8.500			6			1,105,382			0.72
9.001-9.500			2			334,500			0.22
9.501-10.000			1			225,000			0.15
Total			857		$	153,356,269			100.00	%

The weighted average minimum mortgage rate of the Group I Mortgage Loans is approximately 5.699%.

NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group I

Next Rate Adjustment Date		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
July 2007			2		$	236,268			0.15	%
September 2007			1			40,891			0.03
December 2007			2			462,650			0.30
January 2008			2			588,789			0.38
February 2008			2			555,600			0.36
March 2008			25			5,082,310			3.31
April 2008			199			34,926,614			22.77
May 2008			230			41,355,434			26.97
June 2008			236			41,608,907			27.13
July 2008			50			8,279,430			5.40
February 2009			3			443,176			0.29
March 2009			3			516,272			0.34
April 2009			25			3,722,673			2.43
May 2009			16			2,545,237			1.66
June 2009			15			2,922,594			1.91
July 2009			3			603,000			0.39
February 2011			2			312,000			0.20
March 2011			6			1,264,781			0.82
April 2011			14			2,706,545			1.76
May 2011			10			2,351,347			1.53
June 2011			7			1,818,300			1.19
July 2011			4			1,013,450			0.66
Total			857		$	153,356,269			100.00	%

The weighted average number of months to the next adjustment date for the Group I Mortgage Loans is approximately 26 months.

MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS IN LOAN GROUP II

The Mortgage Loans to be included in loan group II consist of 1,226 adjustable-rate and fixed-rate Mortgage Loans having an aggregate principal balance of $191,068,390, subject to a permitted variance of plus or minus 5%. The Mortgage Loans included in loan group II have the characteristics set forth below (the sum in any column may not equal the total indicated due to rounding).

CURRENT PRINCIPAL BALANCE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Range of Current Mortgage Loan Principal Balance		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.01-50,000.00			162		$	5,475,737			2.87	%
50,000.01-100,000.00			216			16,899,776			8.84
100,000.01-150,000.00			281			35,088,552			18.36
150,000.01-200,000.00			228			39,909,238			20.89
200,000.01-250,000.00			145			32,780,726			17.16
250,000.01-300,000.00			97			26,354,119			13.79
300,000.01-350,000.00			47			15,269,168			7.99
350,000.01-400,000.00			43			16,284,222			8.52
400,000.01-450,000.00			5			2,047,940			1.07
450,000.01-500,000.00			2			958,911			0.50
Total			1,226		$	191,068,390			100.00	%

The average current principal balance of the Group II Mortgage Loans is approximately $155,847.

Mortgage rate

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Current Gross Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.001-4.500			1		$	103,920			0.05	%
5.501-6.000			7			1,451,305			0.76
6.001-6.500			18			3,877,806			2.03
6.501-7.000			39			7,223,770			3.78
7.001-7.500			74			14,672,146			7.68
7.501-8.000			142			26,802,727			14.03
8.001-8.500			123			23,941,372			12.53
8.501-9.000			184			31,137,772			16.30
9.001-9.500			184			26,719,952			13.98
9.501-10.000			155			21,064,311			11.02
10.001-10.500			115			12,339,359			6.46
10.501-11.000			69			8,555,053			4.48
11.001-11.500			39			5,235,351			2.74
11.501-12.000			42			4,564,222			2.39
12.001-12.500			25			2,764,057			1.45
12.501-13.000			7			342,524			0.18
13.001-13.500			2			272,742			0.14
Total			1,226		$	191,068,390			100.00	%

The weighted average mortgage rate of the Group II Mortgage Loans is approximately 8.918%.

FICO SCORE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

FICO Score		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
500 and below			13		$	1,654,327			0.87	%
000-000			00			00,194,500			6.91
521-540			106			17,046,110			8.92
541-560			122			20,698,198			10.83
561-580			125			21,672,619			11.34
581-600			125			21,528,663			11.27
601-620			187			29,952,231			15.68
621-640			118			21,137,644			11.06
000-000			00			00,986,405			8.89
000-000			00			00,716,462			6.13
681-700			69			6,510,960			3.41
701-720			45			3,432,164			1.80
721-740			35			2,384,360			1.25
741-760			12			1,360,583			0.71
761-780			7			874,499			0.46
781-800			3			918,667			0.48
Total			1,226		$	191,068,390			100.00	%

The non-zero weighted average FICO score of the Group II Mortgage Loans is approximately 600.

Credit Levels

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Credit Level		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			150		$	7,569,755			3.96	%
1++			683			116,703,473			61.08
1+			110			20,704,680			10.84
1			71			11,605,102			6.07
2			63			11,628,265			6.09
3			52			7,745,586			4.05
4			97			15,111,529			7.91
Total			1,226		$	191,068,390			100.00	%

LIEN STATUS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Lien Status		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
First Lien			1,093		$	186,236,816			97.47	%
Second Lien			133			4,831,573			2.53
Total			1,226		$	191,068,390			100.00	%

ORIGINAL LOAN-TO-VALUE RATIOS ⁽¹⁾

Mortgage Loans nd Subsequent Mortgage Loans in Loan Group II

Original Loan-to-Value Ratios		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
50.00 and below			77		$	10,185,157			5.33	%
50.01-55.00			34			6,164,840			3.23
55.01-60.00			39			6,426,101			3.36
60.01-65.00			60			11,179,716			5.85
65.01-70.00			131			22,469,397			11.76
70.01-75.00			93			17,643,653			9.23
75.01-80.00			264			44,290,322			23.18
80.01-85.00			117			19,862,842			10.40
85.01-90.00			261			34,230,900			17.92
90.01-95.00			81			10,156,177			5.32
95.01-100.00			69			8,459,285			4.43
Total			1,226		$	191,068,390			100.00	%

⁽¹⁾ References to loan-to-value ratios are references to combined loan-to-value ratios with respect to second lien mortgage loans.

The weighted average original loan-to-value ratio of the Group II Mortgage Loans is approximately 77.17%.

type of documentation program

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Type of Documentation Program		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Full			644		$	97,166,637			50.85	%
Limited Income & Asset			24			4,344,685			2.27
Stated Doc			558			89,557,068			46.87
Total			1,226		$	191,068,390			100.00	%

LOAN PURPOSE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Loan Purpose		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Purchase			277		$	32,194,643			16.85	%
Refinance-Rate Term			88			11,728,424			6.14
Cashout			861			147,145,323			77.01
Total			1,226		$	191,068,390			100.00	%

OCCUPANCY TYPE ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Occupancy Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Owner Occupied			1,113		$	174,189,969			91.17	%
Second Home			12			2,213,646			1.16
Investor Occupied			101			14,664,774			7.68
Total			1,226		$	191,068,390			100.00	%

⁽¹⁾ Based on representations of the related mortgagors at the time of origination.

property type

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Property Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Single Family Residence			888		$	135,644,062			70.99	%
PUD			140			24,931,397			13.05
2 Unit			58			10,949,415			5.73
Condo Unit			80			10,667,749			5.58
Townhouse			35			3,459,092			1.81
3 Unit			13			3,132,197			1.64
High Rise Condo			9			1,555,111			0.81
4 Unit			3			729,367			0.38
Total			1,226		$	191,068,390			100.00	%

STATE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

State		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Florida			142		$	21,774,064			11.40	%
New York			85			19,859,482			10.39
New Jersey			96			17,529,738			9.17
California			98			17,304,432			9.06
Maryland			76			14,546,355			7.61
Illinois			69			11,950,625			6.25
Georgia			70			10,759,910			5.63
Virginia			47			8,128,556			4.25
Massachusetts			36			7,906,856			4.14
Michigan			59			6,629,928			3.47
Other			448			54,678,445			28.62
Total			1,226		$	191,068,390			100.00	%

ZIP CODE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Zip Code		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
07111			4		$	923,498			0.48	%
11706			3			907,282			0.47
07106			4			802,002			0.42
20772			3			767,634			0.40
10473			4			721,015			0.38
07731			3			702,359			0.37
60056			2			692,551			0.36
30058			4			653,222			0.34
94621			2			651,639			0.34
20906			3			646,840			0.34
Other			1,194			183,600,348			96.09
Total			1,226		$	191,068,390			100.00	%

remaining term to maturity

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Remaining Term to Maturity (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
180 and below			149		$	6,510,092			3.41	%
181-240			1			66,814			0.03
241-360			1076			184,491,483			96.56
Total			1,226		$	191,068,390			100.00	%

The weighted average term to maturity of the Group II Mortgage Loans is approximately 353 months.

PRODUCT TYPE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Product Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
15 Year Fixed			19		$	1,813,360			0.95	%
20 Year Fixed			1			66,814			0.03
30 Year Fixed			152			22,281,067			11.66
Fixed-30/15 Balloon			130			4,696,732			2.46
Fixed-40/30 Balloon			16			2,940,787			1.54
2/6 Month LIBOR			590			95,543,512			50.00
2/6 Month LIBOR-24 Month IO			6			1,425,740			0.75
2/6 Month LIBOR-120 Month IO			96			21,227,692			11.11
2/6 Month LIBOR-40/30 Balloon			112			23,277,581			12.18
3/6 Month LIBOR			8			846,107			0.44
3/6 Month LIBOR-36 Month IO			1			187,150			0.10
3/1 ARM 1 Year LIBOR			42			7,166,199			3.75
3/1 ARM 1 Year LIBOR-120 Month IO			7			1,155,474			0.60
3/1 ARM 1 Year LIBOR-40/30 Balloon			4			900,985			0.47
5/6 Month LIBOR			2			277,883			0.15
5/6 Month LIBOR-120 Month IO			3			632,283			0.33
5/1 ARM 1 Year LIBOR			16			2,802,442			1.47
5/1 ARM 1 Year LIBOR-60 Month IO			1			127,406			0.07
5/1 ARM 1 Year LIBOR-120 Month IO			17			3,273,330			1.71
5/1 ARM 1 Year LIBOR-40/30 Balloon			3			425,846			0.22
Total			1,226		$	191,068,390			100.00	%

Prepayment Charge Term

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Prepayment Charge Term (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			471		$	79,736,967			41.73	%
12			50			9,439,250			4.94
24			396			62,348,319			32.63
36			309			39,543,853			20.70
Total			1,226		$	191,068,390			100.00	%

INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Initial Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
1.001-1.500			7		$	911,736			0.57	%
1.501-2.000			54			9,297,672			5.84
2.001-2.500			1			123,437			0.08
2.501-3.000			804			141,397,594			88.78
4.501-5.000			42			7,539,190			4.73
Total			908		$	159,269,629			100.00	%

SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Subsequent Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.501-1.000			809		$	142,307,760			89.35	%
1.001-1.500			8			986,751			0.62
1.501-2.000			90			15,851,682			9.95
2.001-2.500			1			123,437			0.08
Total			908		$	159,269,629			100.00	%

Gross Margin of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Gross Margin		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			40		$	7,332,996			4.60	%
4.001-4.500			18			3,533,309			2.22
4.501-5.000			89			22,994,391			14.44
5.001-5.500			289			47,697,068			29.95
5.501-6.000			231			42,042,481			26.4
6.001-6.500			93			12,402,668			7.79
6.501-7.000			69			13,710,278			8.61
7.001-7.500			77			9,433,937			5.92
7.501-8.000			2			122,500			0.08
Total			908		$	159,269,629			100.00	%

The weighted average gross margin of the Group II Mortgage Loans is approximately 5.639%.

MAXIMUM MORTGAGE RATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Maximum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
10.001-10.500			5		$	704,106			0.44	%
10.501-11.000			5			684,234			0.43
11.001-11.500			6			916,214			0.58
11.501-12.000			10			1,621,321			1.02
12.001-12.500			15			3,709,175			2.33
12.501-13.000			23			4,587,069			2.88
13.001-13.500			43			8,979,696			5.64
13.501-14.000			109			22,145,544			13.90
14.001-14.500			110			22,039,749			13.84
14.501-15.000			149			26,287,164			16.50
15.001-15.500			129			22,772,376			14.30
15.501-16.000			106			16,805,263			10.55
16.001-16.500			74			9,713,262			6.10
16.501-17.000			47			7,315,132			4.59
17.001-17.500			30			4,784,391			3.00
17.501-18.000			29			3,815,287			2.40
18.001-18.500			14			1,980,936			1.24
18.501-19.000			2			135,968			0.09
19.001-19.500			2			272,742			0.17
Total			908		$	159,269,629			100.00	%

The weighted average maximum mortgage rate of the Group II Mortgage Loans is approximately 14.883%.

Minimum Mortgage Rate of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Minimum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			38		$	6,753,796			4.24	%
4.001-4.500			17			3,354,349			2.11
4.501-5.000			88			22,694,391			14.25
5.001-5.500			287			47,598,734			29.89
5.501-6.000			229			41,684,251			26.17
6.001-6.500			95			12,866,348			8.08
6.501-7.000			68			13,354,628			8.38
7.001-7.500			78			9,502,037			5.97
7.501-8.000			2			122,500			0.08
8.001-8.500			3			635,650			0.40
8.501-9.000			3			702,944			0.44
Total			908		$	159,269,629			100.00	%

The weighted average minimum mortgage rate of the Group II Mortgage Loans is approximately 5.672%.

Next Rate Adjustment Date of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group II

Next Rate Adjustment Date		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
June 2007			1		$	103,597			0.07	%
July 2007			3			571,825			0.36
January 2008			3			502,109			0.32
February 2008			10			2,239,898			1.41
March 2008			37			7,524,870			4.72
April 2008			202			36,369,531			22.84
May 2008			257			45,063,686			28.29
June 2008			231			38,567,911			24.22
July 2008			60			10,531,097			6.61
March 2009			3			491,547			0.31
April 2009			25			3,941,177			2.47
May 2009			13			2,286,691			1.44
June 2009			16			2,645,400			1.66
July 2009			5			891,100			0.56
February 2011			4			757,046			0.48
March 2011			5			833,438			0.52
April 2011			14			2,918,731			1.83
May 2011			9			1,491,533			0.94
June 2011			9			1,488,942			0.93
July 2011			1			49,500			0.03
Total			908		$	159,269,629			100.00	%

The weighted average number of months to the next adjustment date for the Group II Mortgage Loans is approximately 25 months.

MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS IN LOAN GROUP III

The Mortgage Loans to be included in loan group III consist of 1,967 adjustable-rate and fixed-rate Mortgage Loans having an aggregate principal balance of $383,400,483, subject to a permitted variance of plus or minus 5%. The Mortgage Loans included in loan group III have the characteristics set forth below (the sum in any column may not equal the total indicated due to rounding).

CURRENT PRINCIPAL BALANCE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Range of Current Mortgage Loan Principal Balance		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.01-50,000.00			175		$	6,262,144			1.63	%
50,000.01-100,000.00			406			30,350,301			7.92
100,000.01-150,000.00			326			40,570,318			10.58
150,000.01-200,000.00			289			50,919,551			13.28
200,000.01-250,000.00			212			47,634,903			12.42
250,000.01-300,000.00			181			50,084,039			13.06
300,000.01-350,000.00			108			34,848,655			9.09
350,000.01-400,000.00			103			38,582,753			10.06
400,000.01-450,000.00			67			28,892,808			7.54
450,000.01-500,000.00			53			25,580,487			6.67
500,000.01-550,000.00			16			8,379,302			2.19
550,000.01-600,000.00			12			6,914,992			1.80
600,000.01-650,000.00			6			3,823,800			1.00
650,000.01-700,000.00			1			670,500			0.17
700,000.01-750,000.00			7			5,097,121			1.33
800,000.01-850,000.00			1			824,000			0.21
950,000.01-1,000,000.00			4			3,964,811			1.03
Total			1,967		$	383,400,483			100.00	%

The average current principal balance of the Group III Mortgage Loans is approximately $194,916.

Mortgage rate

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Current Gross Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.001-4.500			1		$	492,800			0.13	%
4.501-5.000			2			980,000			0.26
5.001-5.500			9			2,956,807			0.77
5.501-6.000			35			10,483,391			2.73
6.001-6.500			112			29,267,327			7.63
6.501-7.000			194			53,543,815			13.97
7.001-7.500			195			47,788,558			12.46
7.501-8.000			260			60,866,708			15.88
8.001-8.500			213			45,798,995			11.95
8.501-9.000			233			41,170,990			10.74
9.001-9.500			201			30,270,284			7.90
9.501-10.000			222			31,768,085			8.29
10.001-10.500			120			12,326,146			3.21
10.501-11.000			69			6,436,539			1.68
11.001-11.500			34			2,898,155			0.76
11.501-12.000			34			3,701,949			0.97
12.001-12.500			12			1,363,697			0.36
12.501-13.000			8			571,675			0.15
13.001-13.500			4			361,023			0.09
13.501-14.000			7			293,949			0.08
14.001-14.500			2			59,590			0.02
Total			1,967		$	383,400,483			100.00	%

The weighted average mortgage rate of the Group III Mortgage Loans is approximately 8.105%.

FICO SCORE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

FICO Score		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
500 and below			6		$	872,832			0.23	%
000-000			00			00,016,005			2.61
521-540			111			17,499,172			4.56
541-560			147			24,797,444			6.47
561-580			145			26,001,681			6.78
581-600			207			41,013,057			10.70
601-620			329			66,147,118			17.25
621-640			232			49,947,433			13.03
641-660			161			35,101,001			9.16
661-680			134			33,018,761			8.61
681-700			153			26,790,993			6.99
701-720			115			17,750,984			4.63
000-000			00			00,711,989			4.36
741-760			44			9,266,787			2.42
761-780			13			3,917,671			1.02
781-800			12			4,103,349			1.07
801-820			2			444,208			0.12
Total			1,967		$	383,400,483			100.00	%

The non-zero weighted average FICO score of the Group III Mortgage Loans is approximately 630.

Credit Levels

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Credit Level		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			232		$	31,703,673			8.27	%
1++			1,265			266,526,683			69.52
1+			186			36,029,837			9.40
1			95			21,198,323			5.53
2			59			8,917,327			2.33
3			58			8,724,147			2.28
4			72			10,300,494			2.69
Total			1,967		$	383,400,483			100.00	%

LIEN STATUS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Lien Status		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
First Lien			1,763		$	370,302,658			96.58	%
Second Lien			204			13,097,825			3.42
Total			1,967		$	383,400,483			100.00	%

ORIGINAL LOAN-TO-VALUE RATIOS ⁽¹⁾

Mortgage Loans nd Subsequent Mortgage Loans in Loan Group III

Original Loan-to-Value Ratios		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
50.00 and below			84		$	12,791,259			3.34	%
50.01-55.00			21			3,707,771			0.97
55.01-60.00			49			8,970,195			2.34
60.01-65.00			72			16,695,980			4.35
65.01-70.00			114			22,096,057			5.76
70.01-75.00			115			21,077,949			5.50
75.01-80.00			745			177,797,601			46.37
80.01-85.00			148			27,120,748			7.07
85.01-90.00			297			45,026,733			11.74
90.01-95.00			107			18,952,867			4.94
95.01-100.00			215			29,163,324			7.61
Total			1,967		$	383,400,483			100.00	%

⁽¹⁾ References to loan-to-value ratios are references to combined loan-to-value ratios with respect to second lien mortgage loans.

The weighted average original loan-to-value ratio of the Group III Mortgage Loans is approximately 79.82%.

type of documentation program

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Type of Documentation Program		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Full			943		$	171,661,320			44.77	%
Limited Income & Assets			27			7,037,738			1.84
Stated Doc			942			192,974,112			50.33
No Ratio			15			3,285,767			0.86
No Income No Assets			22			4,875,645			1.27
No Doc			18			3,565,901			0.93
Total			1,967		$	383,400,483			100.00	%

LOAN PURPOSE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Loan Purpose		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Purchase			1,087		$	221,972,365			57.90	%
Refinance-Rate Term			94			14,583,820			3.80
Cashout			786			146,844,298			38.30
Total			1,967		$	383,400,483			100.00	%

OCCUPANCY TYPE ⁽¹⁾

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Occupancy Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Owner Occupied			1,823		$	364,775,746			95.14	%
Second Home			13			3,621,911			0.94
Investor Occupied			131			15,002,827			3.91
Total			1,967		$	383,400,483			100.00	%

⁽¹⁾ Based on representations of the related mortgagors at the time of origination.

property type

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Property Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
Single Family Residence			1,307		$	245,861,598			64.13	%
PUD			337			74,096,677			19.33
Condo Xxxx			000			25,168,836			6.56
2 Unit			113			23,593,732			6.15
Townhouse			49			6,675,559			1.74
4 Unit			10			3,353,405			0.87
3 Xxxx			00			3,245,838			0.85
High Rise Condo			12			1,404,839			0.37
Total			1,967		$	383,400,483			100.00	%

STATE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

State		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
California			290		$	80,271,904			20.94	%
Florida			286			59,306,910			15.47
New York			116			35,631,403			9.29
New Jersey			93			24,452,527			6.38
Texas			152			18,416,206			4.80
Virginia			81			16,248,628			4.24
Maryland			78			16,165,638			4.22
Georgia			97			15,542,591			4.05
Massachusetts			47			13,365,715			3.49
Illinois			65			11,964,423			3.12
Other			662			92,034,538			24.00
Total			1,967		$	383,400,483			100.00	%

ZIP CODE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Zip Code		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
92223			6		$	2,017,231			0.53	%
07726			4			1,686,986			0.44
11413			4			1,410,845			0.37
33142			7			1,374,242			0.36
33909			6			1,313,405			0.34
93535			4			1,241,492			0.32
95132			4			1,198,601			0.31
92879			3			1,170,897			0.31
02909			4			1,146,234			0.30
92154			3			1,087,163			0.28
Other			1,922			369,753,388			96.44
Total			1,967		$	383,400,483			100.00	%

remaining term to maturity

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Remaining Term to Maturity (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
180 and below			120		$	9,247,948			2.41	%
181 - 240			4			308,297			0.08
241 - 360			1,843			373,844,239			97.51
Total			1,967		$	383,400,483			100.00	%

The weighted average term to maturity of the Group III Mortgage Loans is approximately 356 months.

PRODUCT TYPE

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Product Type		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
10 Year Fixed			1		$	113,503			0.03	%
15 Year Fixed			25			2,892,424			0.75
15 Year Fixed-60 Month IO			1			238,000			0.06
20 Year Fixed			4			308,297			0.08
30 Year Fixed			264			43,659,018			11.39
30 Year Fixed-120 Month IO			184			23,516,004			6.13
Fixed-30/10 Balloon			1			168,935			0.04
Fixed-30/15 Balloon			93			6,004,021			1.57
Fixed-40/30 BALLOON			17			2,949,538			0.77
2/6 Month LIBOR			765			135,909,838			35.45
2/6 Month LIBOR-24 Month IO			15			4,819,255			1.26
2/6 Month LIBOR-60 Month IO			1			217,000			0.06
2/6 Month LIBOR-120 Month IO			239			72,327,260			18.86
2/6 Month LIBOR-40/30 Balloon			143			38,625,138			10.07
3/6 Month LIBOR			42			6,099,436			1.59
3/6 Month LIBOR-120 Month IO			18			4,622,587			1.21
3/1 ARM 1 Year LIBOR			36			6,143,381			1.60
3/1 ARM 1 Year LIBOR-120 Month IO			14			4,399,623			1.15
3/1 ARM 1 Year LIBOR-40/30 Balloon			8			2,092,617			0.55
3/1 ARM 1 Year CMT-40/30 Balloon			1			264,585			0.07
5/6 Month LIBOR			3			469,143			0.12
5/6 Month LIBOR-120 Month IO			14			4,110,967			1.07
5/1 ARM 1 Year LIBOR			16			3,914,587			1.02
5/1 ARM 1 Year LIBOR-120 Month IO			58			18,596,252			4.85
5/1 ARM 1 Year LIBOR-40/30 Balloon			4			939,074			0.24
Total			1967		$	383,400,483			100.00	%

Prepayment Charge Term

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Prepayment Charge Term (months)		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0			732		$	141,718,968			36.96	%
12			104			25,991,389			6.78
24			678			135,464,851			35.33
36			450			78,614,746			20.50
60			3			1,610,529			0.42
Total			1,967		$	383,400,483			100.00	%

INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Initial Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
1.001-1.500			47		$	7,210,548			2.38	%
1.501-2.000			73			16,792,467			5.53
2.501-3.000			1,156			249,045,839			82.04
3.501-4.000			2			467,419			0.15
4.001-4.500			1			372,000			0.12
4.501-5.000			97			28,926,473			9.53
6.001-6.500			1			736,000			0.24
Total			1,377		$	303,550,744			100.00	%

SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Subsequent Periodic Rate Cap		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
0.501-1.000			1,177		$	255,189,286			84.07	%
1.001-1.500			54			9,205,179			3.03
1.501-2.000			144			38,688,861			12.75
2.501-3.000			2			467,419			0.15
Total			1,377		$	303,550,744			100.00	%

Gross Margin of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Gross Margin		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			194		$	57,862,722			19.06	%
4.001-4.500			89			21,895,652			7.21
4.501-5.000			176			47,284,765			15.58
5.001-5.500			356			71,502,796			23.56
5.501-6.000			282			59,516,508			19.61
6.001-6.500			118			19,583,490			6.45
6.501-7.000			75			14,477,733			4.77
7.001-7.500			60			7,487,303			2.47
7.501-8.000			16			1,854,189			0.61
8.001-8.500			9			1,871,999			0.62
8.501-9.000			2			213,586			0.07
Total			1,377		$	303,550,744			100.00	%

The weighted average gross margin of the Group III Mortgage Loans is approximately 5.144%.

MAXIMUM MORTGAGE RATE OF THE ADJUSTABLE-RATE LOANS

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Maximum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
8.501-9.000			1		$	280,000			0.09	%
9.001-9.500			1			121,600			0.04
9.501-10.000			2			187,083			0.06
10.001-10.500			3			961,498			0.32
10.501-11.000			6			2,025,808			0.67
11.001-11.500			19			6,697,039			2.21
11.501-12.000			39			13,114,054			4.32
12.001-12.500			56			16,456,776			5.42
12.501-13.000			108			30,450,854			10.03
13.001-13.500			136			36,640,707			12.07
13.501-14.000			187			47,982,016			15.81
14.001-14.500			161			37,804,867			12.45
14.501-15.000			183			36,932,473			12.17
15.001-15.500			138			25,038,825			8.25
15.501-16.000			159			25,034,425			8.25
16.001-16.500			87			11,056,386			3.64
16.501-17.000			41			6,326,357			2.08
17.001-17.500			22			2,455,336			0.81
17.501-18.000			15			2,451,733			0.81
18.001-18.500			7			988,558			0.33
18.501-19.000			3			269,275			0.09
19.001-19.500			3			275,073			0.09
Total			1,377		$	303,550,744			100.00	%

The weighted average maximum mortgage rate of the Group III Mortgage Loans is approximately 14.116%.

Minimum Mortgage Rate of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Minimum Mortgage Rate		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
4.000 and below			186		$	55,067,946			18.14	%
4.001-4.500			93			23,569,652			7.76
4.501-5.000			177			47,476,765			15.64
5.001-5.500			345			70,026,546			23.07
5.501-6.000			273			58,319,898			19.21
6.001-6.500			114			19,222,660			6.33
6.501-7.000			84			16,428,332			5.41
7.001-7.500			68			8,480,405			2.79
7.501-8.000			20			2,380,927			0.78
8.001-8.500			10			1,926,916			0.63
8.501-9.000			7			650,697			0.21
Total			1,377		$	303,550,744			100.00	%

The weighted average minimum mortgage rate of the Group III Mortgage Loans is approximately 5.178%.

Next Rate Adjustment Date of the Adjustable-Rate Loans

Mortgage Loans and Subsequent Mortgage Loans in Loan Group III

Next Rate Adjustment Date		Number of Mortgage Loans			Aggregate Principal Balance Outstanding			Percentage of Aggregate Principal Balance of Mortgage Loans
June 2006			2		$	300,799			0.10	%
July 2006			2			236,235			0.08
August 2006			5			824,052			0.27
September 2006			12			1,498,357			0.49
October 2006			23			3,348,597			1.10
November 2006			12			1,268,977			0.42
December 2006			3			426,613			0.14
January 2007			4			578,625			0.19
February 2007			3			336,331			0.11
March 2007			4			865,275			0.29
April 2007			9			1,590,819			0.52
May 2007			13			1,962,206			0.65
June 2007			10			2,783,593			0.92
July 2007			11			1,474,673			0.49
August 2007			17			4,374,006			1.44
September 2007			24			4,144,920			1.37
October 2007			2			206,154			0.07
November 2007			2			277,645			0.09
December 2007			2			252,446			0.08
January 2008			5			1,030,367			0.34
February 2008			22			7,354,830			2.42
March 2008			51			13,838,541			4.56
April 2008			269			61,430,828			20.24
May 2008			248			51,730,844			17.04
June 2008			298			67,662,208			22.29
July 2008			108			21,208,645			6.99
September 2008			1			670,500			0.22
October 2008			1			90,316			0.03
November 2008			4			842,108			0.28
January 2009			32			5,413,070			1.78
February 2009			6			889,361			0.29
March 2009			8			1,782,640			0.59
April 2009			25			5,132,216			1.69
May 2009			20			4,788,417			1.58
June 2009			15			2,734,911			0.90
July 2009			6			1,077,000			0.35
August 2010			1			117,623			0.04
October 2010			3			557,776			0.18
November 2010			3			834,000			0.27
December 2010			2			858,597			0.28
February 2011			10			2,776,068			0.91
March 2011			21			7,114,949			2.34
April 2011			34			10,212,708			3.36
May 2011			14			3,908,417			1.29
June 2011			9			2,448,481			0.81
July 2011			1			295,000			0.10
Total			1,377		$	303,550,744			100.00	%

The weighted average number of months to the next adjustment date for the Group III Mortgage Loans is approximately 26 months.