EXHIBIT 99.2
The mortgage loans delivered to the Trust Fund on the Closing Date (the
"Initial Mortgage Loans") and the mortgage loans delivered to the Trust Fund on
the Subsequent Transfer Dates (the "Subsequent Mortgage Loans" and together with
the Initial Mortgage Loans, the "Mortgage Loans") will consist of conventional,
one-to four- family, adjustable-rate and fixed-rate mortgage loans. The
Depositor purchased the Initial Mortgage Loans from the Seller pursuant to the
Mortgage Loan Purchase Agreement, dated as of October 8, 2004 between the Seller
and the Depositor and the Depositor purchased the subsequent Mortgage Loans from
the Seller pursuant to the Subsequent Mortgage Loan Purchase Agreement dated as
of December 22, 2004. Pursuant to the Pooling and Servicing Agreement, dated as
of the Cut-off Date (the "Pooling and Servicing Agreement"), among the
Depositor, the Master Servicer and the Trustee, the Depositor will cause the
Initial Mortgage Loans to be assigned to the Trustee for the benefit of the
certificateholders.
The Mortgage Loans included in loan group I and loan group II are expected
to have an aggregate principal balance as of the Cut-off Date of approximately
$2,034,724,687.75 and $765,275,219.20, respectively. The Group I Mortgage Loans
will consist of adjustable-rate and fixed-rate mortgage loans with principal
balances at origination that conform to Xxxxxxx Mac and Xxxxxx Mae loan limits
and the Group II Mortgage Loans will consist of adjustable-rate and fixed-rate
mortgage loans with principal balances at origination that may or may not
conform to Xxxxxxx Mac or Xxxxxx Mae loan limits.
Subsequent Group I Mortgage Loans (the "Subsequent Group I Mortgage
Loans") and subsequent Group II Mortgage Loans (the "Subsequent Group II
Mortgage Loans"; together with the Subsequent Group I Mortgage Loans, the
"Subsequent Mortgage Loans") are intended to be purchased by the Trust Fund from
the Depositor from time to time on or before the 90th day following the Closing
Date from funds on deposit in the Pre-Funding Accounts. The Subsequent Mortgage
Loans, if available, will be purchased by the Depositor and sold by the
Depositor to the Trust Fund for deposit in the mortgage pool. The Pooling and
Servicing Agreement will provide that each Mortgage Loan in the mortgage pool
must conform to certain specified characteristics and following the conveyance
of the Subsequent Mortgage Loans, the mortgage pool must conform to certain
specified characteristics, as described below under "--Conveyance of Subsequent
Mortgage Loans and Pre-Funding Accounts."
The Mortgage Loans will be secured by mortgages or deeds of trust or other
similar security instruments creating first liens and second liens on
residential properties (the "Mortgaged Properties") consisting of attached,
detached or semi-detached one-to four-family dwelling units, individual
condominium units or individual units in planned unit developments and
manufactured housing. The Mortgage Loans will have original terms to maturity of
not greater than 30 years from the date on which the first payment was due on
each Mortgage Loan. Approximately 0.45% of the Group I Collateral Selection Date
Mortgage Loans and approximately 4.09% of the Group II Collateral Selection Date
Mortgage Loans are secured by second liens, in each case by aggregate scheduled
principal balance of the related loan group as of the Cut-off Date.
Each adjustable-rate Mortgage Loan will accrue interest at the
adjustable-rate calculated as specified under the terms of the related mortgage
note and each fixed-rate Mortgage Loan will have a Mortgage Rate that is fixed
for the life of such Mortgage (each such rate, a "Mortgage Rate").
Approximately 0.41%, 84.85% and 6.81% of the Mortgage Loans, in each case,
by aggregate scheduled principal balance as of the Cut-off Date, were originated
or acquired by the Seller, the Seller's retail lending affiliate Town & Country
Credit Corporation ("Town & Country" and together with the Seller (in its
capacity as an originator, the "Retail Originators") and the Seller's wholesale
lending affiliates, Argent Mortgage Company, LLC ("Argent") and Olympus Mortgage
Company ("Olympus" and together with Argent, the "Wholesale Originators"),
respectively.
Each adjustable-rate Mortgage Loan will accrue interest at a Mortgage Rate
that is adjustable. The adjustable-rate Mortgage Loans will provide for
semi-annual adjustment to the Mortgage Rate thereon and for corresponding
adjustments to the monthly payment amount due thereon, in each case on each
adjustment date applicable thereto (each such date, an "Adjustment Date");
provided, that the first adjustment for
approximately 60.45% of the adjustable-rate Group I Mortgage Loans and
approximately 53.69% of the adjustable-rate Group II Mortgage Loans will occur
after an initial period of two years after origination, and the first adjustment
for approximately 19.43% of the adjustable-rate Group I Mortgage Loans and
approximately 13.84% of the adjustable-rate Group II Mortgage Loans will occur
after an initial period of three years after origination. On each Adjustment
Date for each adjustable-rate Mortgage Loan, the Mortgage Rate thereon will be
adjusted (subject to rounding) to equal the sum of the applicable Index (as
defined below) and a fixed percentage amount (the "Gross Margin"). The Mortgage
Rate on each adjustable-rate Mortgage Loan will not decrease on the first
related Adjustment Date, will not increase by more than 2.000% per annum on the
first related Adjustment Date (the "Initial Periodic Rate Cap") and will not
increase or decrease by more than 1.000% per annum on any Adjustment Date
thereafter (the "Periodic Rate Cap"). Each Mortgage Rate on each adjustable-rate
Mortgage Loan will not exceed a specified maximum Mortgage Rate over the life of
such Mortgage Loan (the "Maximum Mortgage Rate") or be less than a specified
minimum Mortgage Rate over the life of such Mortgage Loan (the "Minimum Mortgage
Rate"). Effective with the first monthly payment due on each adjustable-rate
Mortgage Loan after each related Adjustment Date, the monthly payment amount
will be adjusted to an amount that will amortize fully the outstanding principal
balance of the related Mortgage Loan over its remaining term, and pay interest
at the Mortgage Rate as so adjusted. Due to the application of the Periodic Rate
Caps and the Maximum Mortgage Rates, the Mortgage Rate on each such
adjustable-rate Mortgage Loan, as adjusted on any related Adjustment Date, may
be less than the sum of the Index and the related Gross Margin, rounded as
described herein. None of the adjustable-rate Mortgage Loans permits the related
mortgagor to convert the adjustable Mortgage Rate thereon to a fixed Mortgage
Rate.
The Mortgage Loans will have scheduled monthly payments due on the first
day of the month (with respect to each Mortgage Loan, a "Due Date"). Each
Mortgage Loan will contain a customary "due-on-sale" clause which provides that
(subject to state and federal restrictions) the Mortgage Loan must be repaid at
the time of sale of the related mortgaged property or with the consent of the
holder of the mortgage note assumed by a creditworthy purchaser of the related
mortgaged property.
None of the Mortgage Loans will be buydown mortgage loans.
Approximately 69.229% of the Group I Mortgage Loans and approximately
73.157% of the Group II Mortgage Loans, in each case by aggregate scheduled
principal balances of the related loan group as of the Cut-off Date, provide for
payment by the mortgagor of a prepayment charge on certain principal
prepayments, subject to certain limitations in the related mortgage note and
limitations upon collection in the Pooling and Servicing Agreement. Generally,
each such Mortgage Loan provides for payment of a prepayment charge on certain
prepayments made within a defined period set forth in the related Mortgage Note
(generally within the first three years but possibly as short as one year from
the date of origination of such Mortgage Loan). The amount of the prepayment
charge is as provided in the related Mortgage Note. The holders of the Class P
Certificates will be entitled to all prepayment charges received on the Mortgage
Loans in each loan group, and such amounts will not be available for
distribution on the other classes of Certificates. Under certain instances, as
described under the terms of the Pooling and Servicing Agreement, the Master
Servicer may waive the payment of any otherwise applicable prepayment charge.
Investors should conduct their own analysis of the effect, if any, that the
prepayment charges, and decisions by the Master Servicer with respect to the
waiver thereof, may have on the prepayment performance of the Mortgage Loans.
The Depositor makes no representation as to the effect that the prepayment
charges, and decisions by the Master Servicer with respect to the waiver
thereof, may have on the prepayment performance of the Mortgage Loans. As of
July 1, 2003, the Alternative Mortgage Parity Act of 1982 (the "Parity Act"),
which regulates the ability of the Originators to impose prepayment charges, was
amended, and as a result, the Originators will be required to comply with state
and local laws in originating mortgage loans with prepayment charge provisions
with respect to loans originated on or after July 1, 2003. The Depositor makes
no representations as to the effect that the prepayment charges, decisions by
the Master Servicer with respect to the waiver thereof and the recent amendment
of the Parity Act, may have on the prepayment performance of the Mortgage Loans.
However, the ruling of the Office of Thrift Supervision (the "OTS") does not
retroactively affect loans originated before July 1, 2003. See "Legal Aspects of
Mortgage Assets--Enforceability of Certain Provisions--Prepayment Charges" in
the prospectus.
COLLATERAL TYPE
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
COLLATERAL TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
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2 YEAR ARMS 9,958 $1,640,948,739.33 58.61% 358 39.56% 7.648% 600 84.05%
3 YEAR ARMS 2,858 501,274,505.73 17.90 358 38.54 7.49 617 85.71
FIXED 5,049 657,776,661.89 23.49 348 38.23 7.433 633 80.20
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TOTAL: 17,865 $2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
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PRINCIPAL % OF REMAINING DEBT-
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AS OF THE CUT-OFF DATE ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* OLTV (%)*
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000 1,087 $ 43,366,016.14 1.55% 349 34% 9.581% 622 83.66%
50,001 - 100,000 5,852 418,860,723.07 14.96 349 36.19 8.219 605 82.83
100,001 - 150,000 3,820 473,554,974.67 16.91 355 38.17 7.718 607 83.76
150,001 - 200,000 2,510 435,728,104.52 15.56 357 39.34 7.522 605 83.11
200,001 - 250,000 1,629 364,980,258.70 13.04 357 40.27 7.424 609 82.84
250,001 - 300,000 1,096 300,188,805.47 10.72 357 40.09 7.33 609 82.6
300,001 - 350,000 663 214,211,276.40 7.65 359 40.86 7.294 619 84.74
350,001 - 400,000 409 153,520,912.46 5.48 358 40.81 7.269 619 84.39
400,001 - 450,000 282 119,782,108.18 4.28 357 40.18 7.288 623 86.83
450,001 - 500,000 274 131,697,804.01 4.7 358 39.72 7.191 625 85.25
500,001 - 550,000 82 43,349,821.67 1.55 359 40.67 6.95 615 82.27
550,001 - 600,000 74 42,483,697.76 1.52 359 39.84 6.868 619 81.01
600,001 - 650,000 43 26,926,907.90 0.96 359 40.02 7.053 612 84.01
650,001 - 700,000 20 13,564,647.18 0.48 359 40.69 6.858 628 76.8
700,001 - 750,000 23 16,904,521.78 0.6 359 36.24 6.647 624 76.85
850,001 - 900,000 1 879,327.04 0.03 359 41 7.35 684 80
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TOTAL: 17,865 $ 2,799,999,906.95 100% 356 39.06% 7.569% 611 83.44%
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* Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCES AT ORGINATION
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PRINCIPAL % OF REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
BALANCES AT MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
ORIGINATION ($) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000 1,056 $ 41,900,287.20 1.49% 350 33.95% 9.639% 623 83.91%
50,001 - 100,000 5,878 420,388,692.00 15.00 349 36.19 8.219 604 82.80
100,001 - 150,000 3,819 473,593,349.00 16.90 355 38.17 7.718 607 83.74
150,001 - 200,000 2,516 437,037,307.00 15.59 357 39.34 7.521 605 83.14
200,001 - 250,000 1,626 364,576,138.00 13.01 357 40.26 7.426 609 82.84
250,001 - 300,000 1,097 300,613,696.00 10.73 357 40.08 7.327 609 82.61
300,001 - 350,000 662 213,952,037.00 7.63 359 40.87 7.299 619 84.69
350,001 - 400,000 412 154,710,539.00 5.52 358 40.83 7.264 619 84.41
400,001 - 450,000 281 119,462,490.00 4.26 358 40.17 7.289 624 86.84
450,001 - 500,000 275 132,280,572.00 4.72 357 39.74 7.190 624 85.25
500,001 - 550,000 82 43,389,699.00 1.55 359 40.67 6.950 615 82.27
550,001 - 600,000 74 42,521,026.00 1.52 359 39.84 6.867 619 81.01
600,001 - 650,000 43 26,946,465.00 0.96 359 40.02 7.053 612 84.02
650,001 - 700,000 20 13,576,830.00 0.48 359 40.69 6.858 628 76.80
700,001 - 750,000 23 16,919,681.00 0.60 359 36.24 6.647 624 76.85
850,001 - 900,000 1 880,000.00 0.03 359 41.00 7.350 684 80.00
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TOTAL: 17,865 $ 2,802,748,808.20 100.00% 356 39.06% 7.569% 611 83.44%
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REMAINING TERM TO MATURITY
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
REMAINING LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
60.01 - 120.00 15 $ 1,212,463.81 0.04% 119 36.25% 8.282% 664 69.46%
120.01 - 180.00 317 29,008,451.78 1.04 179 37.59 7.606 610 73.01
180.01 - 240.00 244 24,976,907.34 0.89 239 38.24 7.878 617 79.20
240.01 - 300.00 12 1,350,375.34 0.05 299 38.34 7.790 660 82.64
300.01 - 360.00 17,277 2,743,451,708.68 97.98 359 39.09 7.566 611 83.60
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TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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MORTGAGE RATE
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RANGE OF PRINCIPAL % OF REMAINING DEBT-
CURRENT NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 559 $ 141,402,575.05 5.05% 356 38.38% 5.873% 654 76.28%
6.000 - 6.499 1,498 311,773,618.66 11.13 356 38.32 6.238 636 79.72
6.500 - 6.999 2,819 551,571,316.81 19.70 355 39.27 6.750 626 82.16
7.000 - 7.499 2,413 404,297,393.61 14.44 356 39.43 7.235 616 84.02
7.500 - 7.999 3,355 528,242,701.72 18.87 356 39.49 7.751 601 85.08
8.000 - 8.499 2,244 314,964,925.60 11.25 356 38.83 8.231 592 85.37
8.500 - 8.999 2,122 280,775,572.20 10.03 355 38.89 8.721 586 86.03
9.000 - 9.499 968 115,311,386.46 4.12 356 39.06 9.200 581 85.51
9.500 - 9.999 691 73,814,187.70 2.64 353 39.31 9.700 575 83.01
10.000 - 10.499 254 23,069,657.17 0.82 354 39.38 10.210 573 82.17
10.500 - 10.999 277 19,136,231.01 0.68 351 38.49 10.756 589 84.21
11.000 - 11.499 262 15,801,698.92 0.56 352 38.45 11.208 621 87.55
11.500 - 11.999 168 9,238,563.04 0.33 347 37.54 11.710 614 89.85
12.000 - 12.499 153 7,181,818.51 0.26 358 37.71 12.294 628 96.79
12.500 - 12.999 82 3,418,260.49 0.12 358 34.20 12.570 625 96.59
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TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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ORIGINAL LOAN-TO-VALUE RATIOS
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RANGE OF PRINCIPAL % OF REMAINING DEBT-
ORIGINAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 25.000 32 $ 2,306,561.14 0.08% 337 33.69% 7.065% 622 19.94%
25.001 - 30.000 32 3,398,299.88 0.12 335 37.34 6.826 610 28.06
30.001 - 35.000 57 6,541,111.38 0.23 346 35.51 7.166 610 33.42
35.001 - 40.000 85 9,976,439.31 0.36 341 39.50 7.150 598 37.79
40.001 - 45.000 91 11,851,149.01 0.42 344 37.88 7.094 619 42.80
45.001 - 50.000 164 20,873,012.37 0.75 350 37.91 7.346 595 48.00
50.001 - 55.000 215 30,295,024.10 1.08 349 38.48 7.206 594 52.81
55.001 - 60.000 342 52,460,374.11 1.87 352 40.00 7.522 582 58.13
60.001 - 65.000 560 88,844,945.83 3.17 354 39.24 7.328 582 63.37
65.001 - 70.000 833 133,736,637.25 4.78 354 40.05 7.539 583 68.59
70.001 - 75.000 1,415 229,353,156.46 8.19 355 40.92 7.622 579 74.01
75.001 - 80.000 3,166 511,958,697.89 18.28 355 38.44 7.227 609 79.49
80.001 - 85.000 2,059 333,775,169.60 11.92 356 39.08 7.391 601 84.31
85.001 - 90.000 4,519 707,228,059.93 25.26 357 38.22 7.664 610 89.68
90.001 - 95.000 3,170 576,215,727.13 20.58 357 39.96 7.627 639 94.76
95.001 - 100.000 1,125 81,185,541.56 2.90 355 37.41 9.810 667 99.91
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TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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FICO SCORE AT ORIGINATION
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
FICO SCORES LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
500 - 519 1,042 $ 151,234,877.94 5.40% 357 42.07% 8.384% 510 75.15%
520 - 539 1,415 203,306,184.69 7.26 356 40.93 8.204 530 77.21
540 - 559 1,827 280,734,518.98 10.03 356 40.35 7.960 551 80.61
560 - 579 1,441 224,470,705.56 8.02 356 39.45 7.789 569 80.51
580 - 599 2,076 332,696,277.90 11.88 356 39.03 7.578 589 83.34
600 - 619 2,412 387,706,852.40 13.85 356 38.89 7.463 609 85.23
620 - 639 2,498 387,972,899.47 13.86 355 38.99 7.377 629 85.83
640 - 659 1,803 278,472,824.74 9.95 356 38.27 7.277 649 86.09
660 - 679 1,188 191,523,107.97 6.84 356 38.00 7.226 669 86.23
680 - 699 903 150,229,283.85 5.37 356 37.27 7.169 689 87.35
700 - 719 544 94,309,133.65 3.37 355 37.11 7.116 709 86.49
720 - 739 321 51,233,229.13 1.83 356 37.54 7.193 729 85.90
740 - 759 203 36,341,242.35 1.30 355 36.47 7.049 749 85.83
760 - 779 117 19,277,964.18 0.69 355 34.79 7.163 767 86.20
780 - 799 62 9,144,989.77 0.33 353 34.63 7.285 788 82.29
800 - 819 13 1,345,814.37 0.05 348 38.01 6.972 804 76.37
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TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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DEBT-TO-INCOME RATIO
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PRINCIPAL % OF REMAINING DEBT-
RANGE OF DEBT- NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
TO-INCOME MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 20.00 1,172 $ 150,187,826.68 5.36% 355 14.67% 7.543% 628 82.09%
20.01 - 25.00 1,153 144,273,442.86 5.15 355 23.20 7.629 616 82.74
25.01 - 30.00 1,637 215,797,859.40 7.71 355 28.16 7.621 612 82.68
30.01 - 35.00 2,349 340,608,958.67 12.16 355 33.15 7.495 617 83.38
35.01 - 40.00 3,007 468,455,442.94 16.73 356 38.16 7.582 614 84.12
40.01 - 45.00 3,914 643,879,817.84 23.00 356 43.06 7.567 615 84.60
45.01 - 50.00 3,939 714,298,676.41 25.51 356 48.09 7.546 604 85.15
50.01 - 55.00 694 122,497,882.15 4.37 355 53.16 7.748 571 68.86
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TOTAL: 17,865 $ 2,799,999,906.95 100% 356 39.06% 7.569% 611 83.44%
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
STATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
AK 47 $ 8,028,470.29 0.29% 359 37.84% 7.743% 626 87.29%
AL 187 18,663,068.99 0.67 353 37.81 8.206 603 85.97
AR 34 3,655,277.98 0.13 353 38.25 8.562 588 85.30
AZ 863 99,779,020.00 3.56 355 37.40 7.698 611 87.29
CA 2,978 757,953,846.48 27.07 357 40.80 7.165 610 79.42
CO 304 49,477,427.85 1.77 357 39.25 7.459 611 86.51
CT 248 48,843,764.14 1.74 357 39.12 7.489 608 83.17
DE 34 4,984,258.35 0.18 347 41.18 7.820 596 82.23
FL 1,853 249,671,280.16 8.92 355 38.72 7.706 612 84.45
GA 454 60,127,045.97 2.15 357 36.24 7.830 617 87.27
HI 170 43,815,533.41 1.56 357 40.59 6.832 639 81.19
IA 112 9,820,914.51 0.35 349 38.42 7.981 599 86.45
ID 39 4,749,893.36 0.17 350 35.40 7.452 612 84.02
IL 1,252 189,390,066.22 6.76 358 38.96 7.870 619 86.94
IN 524 39,757,772.27 1.42 356 36.03 7.955 606 86.92
KS 101 9,183,055.28 0.33 353 36.85 8.098 603 85.34
KY 101 9,232,736.72 0.33 350 37.19 7.774 598 85.31
LA 201 19,362,006.02 0.69 350 37.36 8.031 583 82.98
MA 294 65,173,926.96 2.33 357 39.14 7.493 615 81.51
MD 466 81,747,572.91 2.92 355 38.51 7.551 602 83.90
ME 47 6,773,838.63 0.24 356 35.80 7.648 600 82.18
MI 1,070 109,410,723.07 3.91 358 37.33 7.916 599 85.56
MN 296 51,615,881.48 1.84 358 40.34 7.620 612 86.51
MO 417 37,863,501.52 1.35 356 37.67 8.067 592 86.03
MS 130 10,943,206.41 0.39 348 38.71 7.957 598 85.82
MT 6 717,395.88 0.03 359 37.30 7.498 595 71.67
NC 252 25,434,998.96 0.91 351 37.20 8.040 598 83.79
ND 11 808,451.91 0.03 347 39.88 7.411 625 84.31
NE 77 6,794,872.45 0.24 356 37.97 7.656 611 86.60
XX 00 6,471,198.96 0.23 359 40.16 7.506 602 78.84
NJ 348 78,325,309.65 2.80 357 39.39 7.609 618 84.46
NM 56 6,308,270.59 0.23 358 35.73 7.950 616 89.85
NV 350 64,503,231.97 2.30 358 39.03 7.658 614 83.19
NY 772 208,986,618.95 7.46 357 39.52 7.534 625 83.97
OH 797 75,303,164.18 2.69 353 37.60 7.682 601 87.03
OK 122 10,998,727.34 0.39 351 35.92 8.265 599 86.60
OR 103 14,674,857.83 0.52 355 36.69 7.421 616 82.69
PA 433 48,573,946.34 1.73 351 37.16 7.693 596 83.65
RI 111 19,625,384.65 0.70 355 39.65 7.420 621 80.83
SC 161 14,039,886.99 0.50 350 36.45 7.905 594 83.71
SD 15 1,799,007.28 0.06 359 36.49 7.890 594 88.42
TN 320 28,887,288.59 1.03 348 36.86 8.072 603 86.83
TX 914 97,781,015.99 3.49 343 37.56 8.052 601 83.31
UT 201 23,134,020.62 0.83 358 37.20 7.718 629 87.86
VT 7 819,365.53 0.03 359 46.87 7.527 585 69.25
WA 284 47,015,366.66 1.68 358 39.46 7.563 611 85.00
WI 252 27,717,660.16 0.99 356 39.62 8.073 603 85.97
WY 12 1,255,776.49 0.04 346 36.74 8.203 599 85.21
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TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
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OCCUPANCY STATUS
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
OCCUPANCY MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
STATUS* LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 15,365 $ 2,524,219,359.83 90.15% 356 39.74% 7.527% 607 83.31%
Non-owner Occupied 2,356 253,575,050.41 9.06 357 32.33 8.010 646 85.00
Second Home 144 22,205,496.71 0.79 357 39.21 7.329 623 81.59
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
74. [_] Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
INCOME MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
DOCUMENTATION LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Full Docs 10,500 $ 1,548,913,164.74 55.32% 355 39.40% 7.357% 601 82.30%
Stated Docs 6,099 1,037,067,406.90 37.04 357 39.20 7.907 627 85.17
Limited Docs 1,266 214,019,335.31 7.64 355 35.93 7.463 607 83.34
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PURPOSE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Refi-Cashout** 10,401 $ 1,738,463,562.68 62.09 355 39.64% 7.455% 597 80.40%
Purchase 6,531 930,587,553.90 33.24 358 37.96 7.813 636 89.22
Refi No Cashout*** 933 130,948,790.37 4.68 353 39.22 7.344 610 82.81
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2,000 of the original principal balance
of the related loan. Also includes all home equity loans
originated in Texas with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2,000 of the original principal
balance of the related loan. Excludes home equity loans
originated in Texas with any cash proceeds.
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RISK CATEGORY LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
8A 68 $ 10,538,566.39 0.38% 329 37.06% 6.503% 745 74.92%
7A 74 12,972,176.52 0.46 344 40.53 6.825 692 80.81
6A 78 14,731,533.99 0.53 350 39.83 6.872 670 81.81
5A 143 19,085,309.81 0.68 344 39.47 7.052 649 76.88
4A 87 17,182,489.91 0.61 345 41.71 7.340 629 80.47
3A 99 16,114,912.65 0.58 342 39.14 7.400 616 76.06
2A 287 45,337,268.50 1.62 352 40.41 7.653 580 78.39
1 11,539 1,752,444,465.12 62.59 356 38.51 7.429 626 85.91
2 1,190 202,971,444.96 7.25 357 38.95 7.581 585 82.79
3 1,225 198,232,762.03 7.08 356 39.21 7.621 580 82.91
4 821 121,498,020.44 4.34 357 39.17 8.002 568 79.18
5 480 81,805,866.29 2.92 356 42.37 8.190 555 70.24
6 120 18,721,520.14 0.67 357 44.42 9.774 546 65.35
A+ 436 93,906,703.72 3.35 358 39.26 7.364 627 84.91
A 387 64,859,493.43 2.32 352 40.80 7.919 592 80.60
X- 00 16,263,113.48 0.58 356 38.45 7.983 552 75.41
B 360 51,590,991.38 1.84 353 42.73 8.677 546 73.98
C 272 41,911,453.60 1.50 357 41.04 8.514 538 69.34
C- 68 14,117,319.35 0.50 358 42.38 8.823 554 78.74
D 46 5,714,495.24 0.20 346 41.07 9.018 524 57.84
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PROPERTY TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
SFR 13,436 $ 2,060,192,542.93 73.58% 355 39.23% 7.555% 607 83.26%
2-4 UNITS 1,270 257,415,380.79 9.19 357 38.13 7.664 635 83.86
PUD 1,295 247,733,842.25 8.85 357 39.38 7.542 607 84.93
CONDO 1,079 161,537,738.95 5.77 357 38.65 7.613 626 85.37
MANU/MOBIL 695 59,870,258.75 2.14 352 37.44 7.631 619 76.64
PUD-ATTACH 58 9,516,052.56 0.34 359 39.44 7.475 621 87.15
SFR-ATTACH 32 3,734,090.72 0.13 351 35.62 8.149 614 76.09
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE PRINCIPAL % OF REMAINING DEBT-
TERM AT NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
(MONTHS) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
0 5,694 $ 831,528,829.56 29.70% 355 38.55% 7.882% 614 85.21%
12 586 127,361,406.24 4.55 356 38.20 7.491 628 82.29
24 5,529 895,432,824.87 31.98 358 39.52 7.623 601 84.44
30 3 489,753.63 0.02 357 40.35 7.936 578 89.74
36 6,053 945,187,092.65 33.76 354 39.20 7.253 614 81.10
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
CONFORMING MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
BALANCE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 16,678 $ 2,271,337,062.65 81.12% 355 38.77% 7.664% 609 83.24%
Non-Conforming Balance 1,187 528,662,844.30 18.88 358 40.33 7.163 618 84.32
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 17,865 $ 2,799,999,906.95 100.00% 356 39.06% 7.569% 611 83.44%
------------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
RANGE OF LOANS BALANCE REMAINING DEBT-
MAXIMUM NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE RATES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 346 $ 80,257,563.15 3.75% 358 39.38% 5.876% 638 79.86%
12.000 - 12.499 957 199,452,755.20 9.31 358 38.75 6.247 628 82.17
12.500 - 12.999 1,976 398,453,412.32 18.60 358 39.23 6.756 622 83.77
13.000 - 13.499 1,863 324,299,825.62 15.14 358 39.46 7.233 613 84.83
13.500 - 13.999 2,668 443,762,767.29 20.72 358 39.68 7.754 599 85.65
14.000 - 14.499 1,832 269,983,053.01 12.60 358 38.810 8.231 591 85.76
14.500 - 14.999 1,669 236,790,087.30 11.05 358 39.30 8.721 584 86.34
15.000 - 15.499 748 96,633,367.58 4.51 358 39.06 9.195 576 85.38
15.500 - 15.999 461 58,026,938.80 2.71 357 39.67 9.702 567 82.11
16.000 - 16.499 130 15,459,750.19 0.72 357 41.62 10.198 554 78.22
16.500 - 16.999 88 10,322,842.84 0.48 353 40.47 10.754 541 75.15
17.000 - 17.499 46 5,662,488.05 0.26 359 43.93 11.223 530 67.98
17.500 - 17.999 22 2,375,431.16 0.11 359 42.82 11.716 534 66.04
18.000 - 18.499 6 462,561.95 0.02 359 40.10 12.281 590 74.07
18.500 - 18.999 4 280,400.60 0.01 358 31.98 12.707 559 72.92
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
RANGE OF LOANS BALANCE REMAINING DEBT-
MINIMUM NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE RATES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 346 $ 80,257,563.15 3.75% 358 39.38% 5.876% 638 79.86%
6.000 - 6.499 957 199,452,755.20 9.31 358 38.75 6.247 628 82.17
6.500 - 6.999 1,976 398,453,412.32 18.60 358 39.23 6.756 622 83.77
7.000 - 7.499 1,863 324,299,825.62 15.14 358 39.46 7.233 613 84.83
7.500 - 7.999 2,668 443,762,767.29 20.72 358 39.68 7.754 599 85.65
8.000 - 8.499 1,832 269,983,053.01 12.60 358 38.81 8.231 591 85.76
8.500 - 8.999 1,669 236,790,087.30 11.05 358 39.30 8.721 584 86.34
9.000 - 9.499 748 96,633,367.58 4.51 358 39.06 9.195 576 85.38
9.500 - 9.999 461 58,026,938.80 2.71 357 39.67 9.702 567 82.11
10.000 - 10.499 130 15,459,750.19 0.72 357 41.62 10.198 554 78.22
10.500 - 10.999 88 10,322,842.84 0.48 353 40.47 10.754 541 75.15
11.000 - 11.499 46 5,662,488.05 0.26 359 43.93 11.223 530 67.98
11.500 - 11.999 22 2,375,431.16 0.11 359 42.82 11.716 534 66.04
12.000 - 12.499 6 462,561.95 0.02 359 40.10 12.281 590 74.07
12.500 - 12.999 4 280,400.60 0.01 358 31.98 12.707 559 72.92
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
RANGE OF LOANS BALANCE REMAINING DEBT-
MORTGAGE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MARGINS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 214 $ 28,792,074.32 1.34% 356 37.63% 7.463% 614 85.95%
4.750 - 4.999 22 3,928,809.55 0.18 355 40.81 6.594 707 83.95
5.000 - 5.249 157 27,454,775.25 1.28 360 38.84 7.401 640 87.20
5.250 - 5.499 40 8,898,397.24 0.42 356 38.91 6.690 665 83.96
5.500 - 5.749 696 146,888,656.70 6.86 358 40.20 7.488 607 83.47
5.750 - 5.999 80 16,478,790.67 0.77 356 41.14 7.353 614 82.13
6.000 - 6.249 10,589 1,764,576,107.93 82.37 358 39.14 7.565 606 85.27
6.250 - 6.499 147 21,297,775.27 0.99 351 39.74 8.409 567 75.81
6.500 - 6.749 565 77,196,527.97 3.60 355 40.82 8.324 560 78.50
6.750 - 6.999 195 27,155,177.54 1.27 356 40.97 8.530 541 67.57
7.000 - 7.249 111 19,556,152.62 0.91 359 41.68 9.125 537 69.64
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
LOANS BALANCE REMAINING DEBT-
NEXT RATE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
ADJUSTMENT MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
DATE LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2006-03 8 $ 897,591.83 0.04% 353 33.63% 8.181% 587 88.69%
2006-04 89 10,141,623.30 0.47 354 39.52 7.565 594 86.98
2006-05 152 14,488,110.64 0.68 354 36.36 7.559 608 84.08
2006-06 215 26,187,227.39 1.22 356 38.05 7.549 590 85.26
2006-07 453 61,785,246.73 2.88 357 39.10 7.604 610 88.72
2006-08 1,447 201,330,561.52 9.40 358 39.07 7.744 604 86.58
2006-09 5,437 956,196,188.47 44.64 358 39.83 7.634 600 83.11
2006-10 266 47,261,317.25 2.21 358 39.14 7.816 591 85.70
2006-11 411 72,102,959.20 3.37 359 39.78 7.573 600 84.53
2006-12 1,451 244,308,114.00 11.40 359 39.43 7.660 600 83.75
2007-01 29 6,249,799.00 0.29 360 38.13 7.012 565 82.79
2007-03 2 461,737.86 0.02 353 41.15 7.616 558 83.81
2007-04 17 1,240,124.82 0.06 354 33.62 7.361 643 83.69
2007-05 55 5,200,710.44 0.24 355 38.35 7.619 615 87.64
2007-06 45 6,184,238.46 0.29 355 38.97 7.245 598 87.62
2007-07 151 20,928,198.33 0.98 355 39.38 7.594 619 89.23
2007-08 372 53,954,136.17 2.52 358 38.75 7.467 626 87.51
2007-09 1,585 300,758,452.21 14.04 359 38.40 7.504 616 85.38
2007-10 71 11,923,813.92 0.56 358 39.33 7.768 597 87.31
2007-11 127 23,281,948.52 1.09 359 39.87 7.485 609 83.62
2007-12 423 75,208,295.00 3.51 360 38.27 7.410 620 85.22
2008-01 10 2,132,850.00 0.10 360 37.75 6.774 630 75.13
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
LOANS BALANCE REMAINING DEBT-
INITIAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2.000 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE
RATE % OF
MORTGAGE PRINCIPAL
LOANS BALANCE REMAINING DEBT-
SUBSEQUENT NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
1.000 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 12,816 $ 2,142,223,245.06 100.00% 358 39.32% 7.611% 604 84.44%
------------------------------------------------------------------------------------------------------------------------------------
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 13,598 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $2,034,724,687.75, after application of scheduled
payments due on or before the Cut-off Date whether or not received and
application of all unscheduled payments of principal received prior to the
Collateral Selection Date, and subject to a permitted variance of plus or minus
5.0%. None of the Group I Mortgage Loans had a first Due Date prior to April 1,
2004, or after February 1, 2005, or will have a remaining term to stated
maturity of less than 119 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group I Mortgage Loan is January 1, 2035.
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
COLLATERAL TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 8,224 $ 1,230,088,554.69 60.45% 358 39.27% 7.712% 600 83.83%
3 YEAR ARMS 2,457 395,344,528.46 19.43 358 38.36 7.542 616 85.50
FIXED 2,917 409,291,604.60 20.12 348 38.81 7.151 633 78.97
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* OLTV (%)*
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000 359 $ 15,240,325.00 0.75% 353 32.91% 9.154% 621 80.08%
50,001 - 100,000 4,070 299,387,143.00 14.70 351 36.39 8.045 605 82.50
100,001 - 150,000 3,463 431,070,428.00 21.17 355 38.18 7.692 608 83.69
150,001 - 200,000 2,388 415,263,642.00 20.39 357 39.37 7.502 606 83.11
200,001 - 250,000 1,584 355,303,003.00 17.45 357 40.29 7.410 610 82.83
250,001 - 300,000 1,059 290,127,786.00 14.25 358 40.00 7.317 610 82.62
300,001 - 350,000 510 162,496,160.00 7.98 359 40.86 7.280 621 84.97
350,001 - 400,000 88 33,168,919.00 1.63 358 38.75 7.358 642 84.77
400,001 - 450,000 46 19,109,680.00 0.94 359 40.44 7.313 652 87.10
450,001 - 500,000 23 11,149,549.00 0.55 359 39.78 7.011 636 77.05
500,001 - 550,000 5 2,620,100.00 0.13 359 34.34 6.670 650 84.92
550,001 - 600,000 3 1,720,000.00 0.08 359 42.03 6.680 610 80.00
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,036,656,735.00 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 377 $ 16,114,996.91 0.79% 353 33.24% 9.088% 619 80.14%
50,000.01 - 100,000.00 4,056 298,564,003.00 14.67 351 36.38 8.045 606 82.51
100,000.01 - 150,000.00 3,464 431,021,153.35 21.18 355 38.19 7.692 608 83.71
150,000.01 - 200,000.00 2,383 414,136,041.41 20.35 357 39.37 7.502 606 83.08
200,000.01 - 250,000.00 1,587 355,714,158.93 17.48 357 40.30 7.409 610 82.82
250,000.01 - 300,000.00 1,058 289,712,212.80 14.24 358 40.01 7.319 610 82.61
300,000.01 - 350,000.00 508 161,754,991.50 7.95 359 40.83 7.278 621 85.01
350,000.01 - 400,000.00 88 33,142,921.12 1.63 358 38.75 7.357 642 84.77
400,000.01 - 450,000.00 46 19,088,858.61 0.94 359 40.44 7.313 652 87.10
450,000.01 - 500,000.00 23 11,138,492.65 0.55 359 39.78 7.011 636 77.04
500,000.01 - 550,000.00 5 2,617,814.32 0.13 359 34.34 6.670 650 84.92
550,000.01 - 600,000.00 3 1,719,043.15 0.08 359 42.04 6.680 610 80.00
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
REMAINING LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
60.01 - 120.00 8 $ 673,339.45 0.03% 119 32.26% 7.394% 703 67.18%
120.01 - 180.00 191 19,338,078.37 0.95 179 37.33 7.376 617 72.84
180.01 - 240.00 148 16,564,858.87 0.81 239 38.36 7.549 621 76.72
240.01 - 300.00 10 1,088,567.35 0.05 298 40.27 7.351 674 81.18
300.01 - 360.00 13,241 1,997,059,843.71 98.15 359 39.02 7.568 610 83.34
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 408 $ 81,401,112.82 4.00% 356 38.52% 5.872% 648 74.73%
6.000 - 6.499 1,186 217,594,203.31 10.69 356 38.48 6.242 638 78.91
6.500 - 6.999 2,272 392,831,448.04 19.31 355 38.98 6.750 626 81.32
7.000 - 7.499 1,982 307,306,822.41 15.10 356 39.47 7.235 617 84.03
7.500 - 7.999 2,759 407,207,310.63 20.01 357 39.29 7.751 603 85.16
8.000 - 8.499 1,841 248,259,061.22 12.20 356 38.57 8.228 595 85.72
8.500 - 8.999 1,556 205,100,663.45 10.08 357 38.62 8.717 586 86.09
9.000 - 9.499 709 86,810,076.70 4.27 358 39.01 9.202 580 85.90
9.500 - 9.999 434 50,070,884.14 2.46 356 39.70 9.704 571 82.63
10.000 - 10.499 140 14,886,401.88 0.73 354 41.04 10.206 561 79.47
10.500 - 10.999 132 10,985,339.90 0.54 349 39.56 10.736 557 78.15
11.000 - 11.499 77 6,264,671.10 0.31 356 41.45 11.214 570 75.31
11.500 - 11.999 50 3,498,193.45 0.17 352 40.17 11.709 573 78.49
12.000 - 12.499 38 1,842,139.54 0.09 357 35.85 12.325 630 95.41
12.500 - 12.999 14 666,359.16 0.03 359 33.92 12.609 592 83.61
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF ORIGINAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 25.000 24 $ 1,887,028.80 0.09% 339 33.47% 6.880% 629 20.39%
25.001 - 30.000 22 2,262,617.45 0.11 330 35.62 6.675 612 27.97
30.001 - 35.000 42 4,356,684.66 0.21 346 32.53 7.372 592 33.24
35.001 - 40.000 67 7,826,554.69 0.38 341 38.66 6.980 608 37.73
40.001 - 45.000 74 10,088,398.33 0.50 345 37.41 7.049 613 42.83
45.001 - 50.000 129 17,537,353.09 0.86 350 38.25 7.318 600 47.94
50.001 - 55.000 165 23,958,064.06 1.18 349 39.30 7.227 590 52.75
55.001 - 60.000 268 40,182,302.76 1.97 351 40.06 7.528 582 58.16
60.001 - 65.000 427 68,063,967.51 3.35 355 39.98 7.348 580 63.45
65.001 - 70.000 617 98,398,822.76 4.84 356 40.20 7.608 578 68.58
70.001 - 75.000 1,059 161,087,969.30 7.92 355 40.57 7.636 581 73.93
75.001 - 80.000 2,581 394,868,772.02 19.41 355 38.51 7.224 611 79.52
80.001 - 85.000 1,550 229,057,565.99 11.26 357 38.95 7.449 601 84.34
85.001 - 90.000 3,498 491,691,658.90 24.17 357 38.03 7.756 608 89.72
90.001 - 95.000 2,676 444,128,308.80 21.83 357 39.68 7.648 638 94.78
95.001 - 100.000 399 39,328,618.63 1.93 357 38.40 9.069 669 99.84
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF FICO MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
SCORES LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
500 - 519 761 $ 107,195,292.41 5.27% 357 42.22% 8.428% 510 74.80%
520 - 539 1,062 150,588,635.21 7.40 357 40.78 8.233 529 77.50
540 - 559 1,417 207,309,122.57 10.19 356 40.27 7.981 551 80.52
560 - 579 1,071 158,039,886.36 7.77 357 39.65 7.825 569 80.29
580 - 599 1,650 245,699,177.92 12.08 357 38.74 7.617 589 83.23
600 - 619 1,885 285,738,958.50 14.04 356 38.60 7.469 609 85.17
620 - 639 1,855 277,214,476.53 13.62 355 38.78 7.300 629 85.15
640 - 659 1,383 209,823,229.90 10.31 356 38.37 7.222 649 85.18
660 - 679 897 143,150,883.57 7.04 357 38.35 7.181 669 86.04
680 - 699 688 105,766,735.22 5.20 356 37.34 7.161 689 86.89
700 - 719 422 68,061,549.56 3.35 354 37.24 7.136 709 86.22
720 - 739 221 33,839,663.57 1.66 356 37.92 7.161 729 86.42
740 - 759 146 23,099,542.67 1.14 354 35.39 7.087 749 86.42
760 - 779 85 12,542,817.31 0.62 353 34.44 7.207 767 86.57
780 - 799 45 5,954,444.95 0.29 353 33.09 7.205 789 80.48
800 - 819 10 700,271.50 0.03 338 33.08 6.738 805 76.92
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
INCOME RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 20.00 833 $ 105,414,563.05 5.18% 355 14.71% 7.567% 628 82.15%
20.01 - 25.00 828 104,192,690.61 5.12 355 23.17 7.577 616 82.37
25.01 - 30.00 1,190 155,419,097.60 7.64 355 28.19 7.587 611 82.27
30.01 - 35.00 1,802 253,854,119.71 12.48 356 33.16 7.514 614 83.27
35.01 - 40.00 2,367 354,929,145.61 17.44 356 38.12 7.563 614 83.95
40.01 - 45.00 3,002 479,552,827.53 23.57 357 43.05 7.539 614 84.12
45.01 - 50.00 3,018 490,276,331.32 24.10 356 48.09 7.568 603 85.00
50.01 - 55.00 558 91,085,912.32 4.48 356 53.12 7.797 570 68.88
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
STATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
AK 39 $ 7,432,904.95 0.37% 359 38.06% 7.619% 626 87.18%
AL 136 13,613,161.65 0.67 353 37.78 8.011 607 85.70
AR 27 2,631,545.11 0.13 355 36.83 8.539 588 86.43
AZ 621 77,183,751.22 3.79 357 37.77 7.643 611 87.78
CA 2,221 453,074,110.60 22.27 357 40.71 7.245 606 77.16
CO 255 40,695,318.33 2.00 357 39.15 7.354 612 86.76
CT 212 36,539,413.60 1.80 357 39.13 7.529 608 84.06
DE 28 4,220,906.77 0.21 345 40.50 7.689 588 80.92
FL 1,435 198,714,288.19 9.77 356 38.95 7.622 615 84.82
GA 389 52,133,166.26 2.56 357 36.55 7.774 616 87.14
HI 147 40,079,588.23 1.97 357 40.55 6.776 638 81.24
IA 90 8,249,035.99 0.41 351 38.45 7.858 603 87.09
ID 34 3,915,871.10 0.19 348 38.00 7.510 603 83.85
IL 1,042 161,637,154.65 7.94 358 38.97 7.769 619 86.65
IN 341 27,036,798.28 1.33 357 35.95 7.906 608 87.36
KS 73 7,341,582.82 0.36 356 37.08 8.038 600 85.71
KY 69 7,304,470.01 0.36 354 37.80 7.688 605 87.15
LA 127 13,282,549.23 0.65 351 36.18 7.779 586 83.98
MA 221 46,378,269.45 2.28 357 39.08 7.423 617 78.98
MD 349 60,951,555.08 3.00 355 38.68 7.570 602 83.72
ME 33 5,256,961.11 0.26 359 35.16 7.617 604 82.98
MI 701 78,997,005.95 3.88 358 37.85 7.824 601 86.67
MN 266 44,055,453.53 2.17 358 40.51 7.600 611 86.53
MO 312 29,392,171.68 1.44 356 37.84 7.997 595 86.57
MS 90 8,279,405.88 0.41 353 38.73 7.781 600 86.69
MT 5 597,484.05 0.03 359 35.56 7.487 602 79.29
NC 224 23,103,034.21 1.14 352 37.04 7.927 598 83.80
ND 7 619,136.41 0.03 343 39.78 7.247 618 83.84
NE 63 6,049,970.50 0.30 356 38.11 7.569 613 86.46
XX 00 5,429,642.63 0.27 359 41.23 7.520 604 77.77
NJ 291 59,413,368.09 2.92 357 38.45 7.678 619 83.80
NM 47 5,826,474.38 0.29 358 35.80 7.849 617 90.42
NV 287 50,790,242.07 2.50 359 39.05 7.577 614 81.98
NY 524 127,946,432.45 6.29 356 39.68 7.531 619 82.07
OH 565 56,842,675.87 2.79 354 38.05 7.596 605 87.73
OK 85 8,268,146.29 0.41 353 35.79 8.061 596 86.18
OR 84 11,956,620.50 0.59 355 36.52 7.325 615 82.74
PA 306 36,849,881.93 1.81 355 37.70 7.658 599 84.52
RI 92 17,494,426.28 0.86 357 39.55 7.273 617 80.33
SC 133 11,658,802.85 0.57 352 36.85 7.809 593 84.41
SD 11 1,212,494.38 0.06 359 33.13 7.857 609 89.00
TN 234 21,166,597.07 1.04 349 37.25 8.011 603 87.61
TX 754 80,763,827.24 3.97 345 37.60 7.994 601 83.85
UT 158 19,268,498.01 0.95 359 37.80 7.545 630 87.83
VT 7 819,365.53 0.04 359 46.87 7.527 585 69.25
WA 216 35,248,887.78 1.73 359 39.01 7.507 611 84.44
WI 203 23,896,953.86 1.17 358 39.52 7.964 605 86.21
WY 10 1,105,285.70 0.05 359 37.96 8.044 608 86.02
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
OCCUPATION MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
STATUS* LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 11,692 $ 1,818,737,721.73 89.38% 356 39.70% 7.523% 606 82.99
Non-owner Occupied 1,790 200,379,911.95 9.85 358 32.60 7.972 647 85.13
Second Home 116 15,607,054.07 0.77 357 39.91 7.342 618 80.66
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
INCOME MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
DOCUMENTATION LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Full Docs 8,068 $ 1,143,522,862.52 56.20% 355 39.46% 7.366% 600 82.35%
Stated Docs 4,529 737,198,004.04 36.23 357 38.87 7.885 626 84.45
Limited Docs 1,001 154,003,821.19 7.57 355 36.19 7.520 607 83.28
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PURPOSE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 7,894 $ 1,239,157,178.32 60.90% 355 39.61% 7.489% 597 79.97%
Purchase 4,935 690,869,958.59 33.95 358 37.91 7.740 634 88.85
Refi-No Cashout *** 769 104,697,550.84 5.15 354 38.99 7.329 609 83.74
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in
Texas with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance
of the related loan. Excludes home equity loans originated in Texas
with any cash proceeds.
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RISK CATEGORY LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
8A 59 $ 8,441,573.88 0.41% 322 37.04% 6.547% 747 74.25%
7A 62 8,825,888.35 0.43 339 40.66 6.666 694 79.41
6A 61 8,858,454.83 0.44 345 39.87 7.033 670 80.49
5A 129 16,735,173.12 0.82 345 39.15 7.009 649 76.23
4A 54 7,580,327.75 0.37 344 42.29 7.374 631 78.54
3A 74 11,006,688.14 0.54 355 38.69 7.338 613 73.93
2A 253 38,002,492.77 1.87 355 39.85 7.627 580 77.54
1 8,682 1,280,338,557.84 62.92 357 38.55 7.406 626 85.81
2 916 143,873,956.69 7.07 357 38.84 7.609 585 82.44
3 935 142,593,809.35 7.01 357 39.11 7.658 582 83.05
4 615 89,186,900.99 4.38 357 38.84 8.014 569 79.01
5 327 53,042,755.11 2.61 358 41.51 8.228 556 70.38
6 76 10,829,733.69 0.53 357 45.49 10.130 544 65.72
A+ 343 65,742,131.21 3.23 358 39.19 7.430 621 83.62
A 288 43,616,247.94 2.14 353 40.46 7.864 588 78.58
X- 00 13,141,464.27 0.65 356 38.89 8.014 554 74.72
B 325 44,204,935.61 2.17 353 42.26 8.682 547 73.40
C 237 34,799,375.55 1.71 357 41.08 8.526 541 68.87
C- 52 9,174,206.00 0.45 359 42.84 9.256 556 75.67
D 38 4,730,014.66 0.23 343 40.96 8.956 523 57.18
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PROPERTY TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
SFR 10,137 $ 1,472,529,101.55 72.37% 356 39.15% 7.558% 606 83.06%
2-4 UNITS 1,001 204,935,277.40 10.07 357 38.12 7.620 633 82.83
PUD 999 174,497,253.90 8.58 356 39.43 7.548 608 85.09
CONDO 855 124,651,320.59 6.13 357 38.46 7.578 624 84.84
MANU/MOBIL 533 48,723,289.07 2.39 355 37.86 7.538 623 77.29
PUD-ATTACH 45 6,199,627.40 0.30 359 40.80 7.713 618 85.97
SFR-ATTACH 28 3,188,817.84 0.16 350 36.09 8.257 611 75.10
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
PREPAYMENT CHARGE NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
(MOS.) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
0 4,223 $ 626,106,223.04 30.77% 355 38.46% 7.792% 612 84.48%
12 434 79,252,142.05 3.89 356 38.20 7.514 630 81.81
24 4,540 673,890,390.32 33.12 358 39.26 7.674 602 84.43
30 3 489,753.63 0.02 357 40.35 7.936 578 89.74
36 4,398 654,986,178.71 32.19 354 39.34 7.244 614 80.82
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
CONFORMING MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
BALANCE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 13,598 $ 2,034,724,687.75 100.00% 356 39.00% 7.566% 610 83.18%
------------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RANGE OF RATE BALANCE REMAINING DEBT-
MAXIMUM NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE RATES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 263 $ 50,545,813.47 3.11% 358 38.82% 5.869% 638 77.36%
12.000 - 12.499 768 139,960,689.03 8.61 358 38.58 6.251 631 81.37
12.500 - 12.999 1,615 284,674,100.03 17.51 358 38.81 6.755 622 82.84
13.000 - 13.499 1,554 246,179,311.06 15.15 358 39.44 7.234 614 84.93
13.500 - 13.999 2,233 340,835,388.95 20.97 358 39.43 7.755 601 85.69
14.000 - 14.499 1,545 214,657,629.35 13.21 358 38.52 8.228 593 85.96
14.500 - 14.999 1,410 189,776,208.96 11.68 358 38.75 8.724 585 86.17
15.000 - 15.499 659 83,223,832.36 5.12 358 38.98 9.197 579 85.75
15.500 - 15.999 383 46,523,819.26 2.86 357 39.55 9.705 568 82.15
16.000 - 16.499 109 12,959,565.68 0.80 357 41.91 10.195 556 78.43
16.500 - 16.999 79 8,792,812.75 0.54 352 40.31 10.739 537 74.38
17.000 - 17.499 38 4,593,548.28 0.28 359 43.44 11.225 533 67.34
17.500 - 17.999 17 2,080,755.07 0.13 359 43.49 11.709 535 66.42
18.000 - 18.499 4 349,208.30 0.02 359 37.10 12.321 611 75.80
18.500 - 18.999 4 280,400.60 0.02 358 31.98 12.707 559 72.92
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 263 $ 50,545,813.47 3.11% 358 38.82% 5.869% 638 77.36%
6.000 - 6.499 768 139,960,689.03 8.61 358 38.58 6.251 631 81.37
6.500 - 6.999 1,615 284,674,100.03 17.51 358 38.81 6.755 622 82.84
7.000 - 7.499 1,554 246,179,311.06 15.15 358 39.44 7.234 614 84.93
7.500 - 7.999 2,233 340,835,388.95 20.97 358 39.43 7.755 601 85.69
8.000 - 8.499 1,545 214,657,629.35 13.21 358 38.52 8.228 593 85.96
8.500 - 8.999 1,410 189,776,208.96 11.68 358 38.75 8.724 585 86.17
9.000 - 9.499 659 83,223,832.36 5.12 358 38.98 9.197 579 85.75
9.500 - 9.999 383 46,523,819.26 2.86 357 39.55 9.705 568 82.15
10.000 - 10.499 109 12,959,565.68 0.80 357 41.91 10.195 556 78.43
10.500 - 10.999 79 8,792,812.75 0.54 352 40.31 10.739 537 74.38
11.000 - 11.499 38 4,593,548.28 0.28 359 43.44 11.225 533 67.34
11.500 - 11.999 17 2,080,755.07 0.13 359 43.49 11.709 535 66.42
12.000 - 12.499 4 349,208.30 0.02 359 37.10 12.321 611 75.80
12.500 - 12.999 4 280,400.60 0.02 358 31.98 12.707 559 72.92
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF GROSS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
MARGINS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 159 $ 19,395,107.74 1.19% 355 36.89% 7.584% 615 86.04%
4.750 - 4.999 17 2,159,002.86 0.13 351 39.41 6.809 712 81.53
5.000 - 5.249 122 19,096,773.78 1.17 360 38.85 7.391 641 88.33
5.250 - 5.499 28 4,468,053.70 0.27 355 39.58 6.889 662 81.32
5.500 - 5.749 571 103,895,718.18 6.39 358 39.89 7.559 603 81.83
5.750 - 5.999 64 9,600,393.33 0.59 353 40.81 7.507 609 80.28
6.000 - 6.249 8,814 1,344,405,318.23 82.71 359 38.87 7.610 608 85.27
6.250 - 6.499 139 18,655,758.84 1.15 350 39.52 8.392 567 74.58
6.500 - 6.749 497 64,336,157.45 3.96 354 40.43 8.398 561 78.38
6.750 - 6.999 176 23,656,548.63 1.46 355 40.72 8.550 545 67.08
7.000 - 7.249 94 15,764,250.41 0.97 359 42.11 9.246 542 69.85
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
NEXT RATE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
ADJUSTMENT DATE LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2006-03 7 $ 458,705.10 0.03% 353 34.24% 8.354% 603 87.44%
2006-04 62 6,835,862.20 0.42 354 39.05 7.823 595 87.03
2006-05 93 8,552,102.13 0.53 354 35.85 7.684 617 84.53
2006-06 140 17,117,575.67 1.05 356 40.18 7.673 582 86.91
2006-07 330 44,351,330.44 2.73 357 38.78 7.596 614 89.41
2006-08 1,148 153,660,701.94 9.45 358 38.94 7.750 606 86.80
2006-09 4,585 721,568,052.91 44.39 358 39.42 7.712 600 82.68
2006-10 218 28,552,831.64 1.76 358 38.83 7.964 588 86.08
2006-11 364 57,179,406.66 3.52 359 39.58 7.600 600 84.27
2006-12 1,258 188,315,686.00 11.59 359 39.19 7.720 600 83.66
2007-01 19 3,496,300.00 0.22 360 38.15 6.630 570 80.55
2007-03 2 461,737.86 0.03 353 41.15 7.616 558 83.81
2007-04 17 1,240,124.82 0.08 354 33.62 7.361 643 83.69
2007-05 38 3,477,487.20 0.21 355 36.72 7.574 625 87.69
2007-06 38 5,087,923.38 0.31 356 41.38 7.317 599 87.66
2007-07 112 15,160,383.39 0.93 355 39.07 7.591 619 89.17
2007-08 315 43,768,736.27 2.69 358 38.31 7.524 626 87.50
2007-09 1,378 236,543,324.42 14.55 359 38.29 7.574 614 85.05
2007-10 67 10,016,417.47 0.62 358 39.54 7.895 596 87.24
2007-11 113 18,678,112.65 1.15 359 38.70 7.446 615 84.13
2007-12 368 59,427,431.00 3.66 360 38.08 7.426 622 85.15
2008-01 9 1,482,850.00 0.09 360 39.83 6.680 586 68.77
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
INITIAL PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2.000 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NUMBER OF LOANS AS OF AS OF TERM TO TO- MORTGAGE
SUBSEQUENT MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
PERIODIC RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
1.000 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 10,681 $ 1,625,433,083.15 100.00% 358 39.05% 7.670% 604 84.24%
------------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 4,267 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $765,275,219.20, after application of scheduled
payments due on or before the Cut-off Date whether or not received and
application of all unscheduled payments of principal received prior to the
Cut-off Date. None of the Group II Mortgage Loans had a first Due Date prior to
April 1, 2004 or after February 1, 2005, or will have a remaining term to stated
maturity of less than 119 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group II Mortgage Loan is January 1, 2035.
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
COLLATERAL TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 1,734 $ 410,860,184.64 53.69% 358 40.41% 7.458% 599 84.70%
3 YEAR ARMS 401 105,929,977.27 13.84 359 39.24 7.296 619 86.52
FIXED 2,132 248,485,057.29 32.47 348 37.29 7.896 632 82.23
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
BALANCES AT MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000 697 $ 26,659,962.20 3.48% 347 34.54% 9.917% 624 85.95%
50,001 - 100,000 1,808 121,001,549.00 15.79 345 35.70 8.651 602 83.55
100,001 - 150,000 356 42,522,921.00 5.55 351 37.99 7.977 591 84.28
150,001 - 200,000 128 21,773,665.00 2.84 356 38.67 7.891 595 83.76
200,001 - 250,000 42 9,273,135.00 1.21 359 39.23 8.006 599 83.46
250,001 - 300,000 38 10,485,910.00 1.37 347 42.30 7.614 588 82.24
300,001 - 350,000 152 51,455,877.00 6.72 359 40.89 7.358 611 83.80
350,001 - 400,000 324 121,541,620.00 15.87 358 41.40 7.238 613 84.32
400,001 - 450,000 235 100,352,810.00 13.10 357 40.12 7.285 618 86.79
450,001 - 500,000 252 121,131,023.00 15.81 357 39.73 7.206 623 86.00
500,001 - 550,000 77 40,769,599.00 5.32 359 41.08 6.968 613 82.10
550,001 - 600,000 71 40,801,026.00 5.33 359 39.74 6.875 620 81.05
600,001 - 650,000 43 26,946,465.00 3.52 359 40.02 7.053 612 84.01
650,001 - 700,000 20 13,576,830.00 1.77 359 40.69 6.858 628 76.80
700,001 - 750,000 23 16,919,681.00 2.21 359 36.24 6.647 624 76.85
850,001 - 900,000 1 880,000.00 0.11 359 41.00 7.350 684 80.00
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 766,092,073.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 710 $ 27,251,019.23 3.56% 347 34.45% 9.872% 623 85.75%
50,000.01 - 100,000.00 1,796 120,296,720.07 15.72 345 35.73 8.653 602 83.60
100,000.01 - 150,000.00 356 42,533,821.32 5.56 352 38.02 7.975 591 84.31
150,000.01 - 200,000.00 127 21,592,063.11 2.82 356 38.59 7.906 594 83.67
200,000.01 - 250,000.00 42 9,266,099.77 1.21 359 39.23 8.006 599 83.46
250,000.01 - 300,000.00 38 10,476,592.67 1.37 347 42.30 7.615 588 82.24
300,000.01 - 350,000.00 155 52,456,284.90 6.85 359 40.93 7.342 610 83.89
350,000.01 - 400,000.00 321 120,377,991.34 15.73 358 41.38 7.245 613 84.28
400,000.01 - 450,000.00 236 100,693,249.57 13.16 357 40.13 7.283 618 86.78
450,000.01 - 500,000.00 251 120,559,311.36 15.75 358 39.72 7.207 624 86.01
500,000.01 - 550,000.00 77 40,732,007.35 5.32 359 41.07 6.969 613 82.10
550,000.01 - 600,000.00 71 40,764,654.61 5.33 359 39.74 6.876 620 81.05
600,000.01 - 650,000.00 43 26,926,907.90 3.52 359 40.02 7.053 612 84.01
650,000.01 - 700,000.00 20 13,564,647.18 1.77 359 40.69 6.858 628 76.80
700,000.01 - 750,000.00 23 16,904,521.78 2.21 359 36.24 6.647 624 76.85
850,000.01 - 900,000.00 1 879,327.04 0.11 359 41.00 7.350 684 80.00
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
REMAINING LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
60.01 - 120.00 7 $ 539,124.36 0.07% 119 41.23% 9.390% 616 72.31%
120.01 - 180.00 126 9,670,373.41 1.26 179 38.10 8.066 595 73.34
180.01 - 240.00 96 8,412,048.47 1.10 239 38.01 8.526 609 84.08
240.01 - 300.00 2 261,807.99 0.03 299 30.34 9.617 602 88.67
300.01 - 360.00 4,036 746,391,864.97 97.53 359 39.26 7.559 613 84.30
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 151 $ 60,001,462.23 7.84% 357 38.19% 5.875% 663 78.38%
6.000 - 6.499 312 94,179,415.35 12.31 356 37.97 6.228 632 81.58
6.500 - 6.999 547 158,739,868.77 20.74 356 39.98 6.751 626 84.24
7.000 - 7.499 431 96,990,571.20 12.67 357 39.32 7.236 611 83.97
7.500 - 7.999 596 121,035,391.09 15.82 355 40.17 7.753 594 84.81
8.000 - 8.499 403 66,705,864.38 8.72 357 39.79 8.241 583 84.10
8.500 - 8.999 566 75,674,908.75 9.89 351 39.60 8.731 588 85.87
9.000 - 9.499 259 28,501,309.76 3.72 349 39.21 9.193 583 84.32
9.500 - 9.999 257 23,743,303.56 3.10 347 38.50 9.692 586 83.81
10.000 - 10.499 114 8,183,255.29 1.07 354 36.36 10.216 594 87.08
10.500 - 10.999 145 8,150,891.11 1.07 353 37.05 10.783 633 92.38
11.000 - 11.499 185 9,537,027.82 1.25 349 36.48 11.204 655 95.60
11.500 - 11.999 118 5,740,369.59 0.75 345 35.93 11.711 639 96.78
12.000 - 12.499 115 5,339,678.97 0.70 358 38.35 12.283 627 97.26
12.500 - 12.999 68 2,751,901.33 0.36 357 34.27 12.560 633 99.73
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
RANGE OF ORIGINAL NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 25.000 8 $ 419,532.34 0.05% 329 34.67% 7.895% 591 17.92%
25.001 - 30.000 10 1,135,682.43 0.15 345 40.76 7.127 604 28.26
30.001 - 35.000 15 2,184,426.72 0.29 345 41.45 6.755 647 33.77
35.001 - 40.000 18 2,149,884.62 0.28 342 42.57 7.766 563 38.02
40.001 - 45.000 17 1,762,750.68 0.23 338 40.56 7.350 652 42.65
45.001 - 50.000 35 3,335,659.28 0.44 348 36.13 7.492 565 48.36
50.001 - 55.000 50 6,336,960.04 0.83 348 35.39 7.128 606 53.06
55.001 - 60.000 74 12,278,071.35 1.60 355 39.79 7.502 580 58.03
60.001 - 65.000 133 20,780,978.32 2.72 352 36.80 7.261 587 63.09
65.001 - 70.000 216 35,337,814.49 4.62 347 39.64 7.349 597 68.62
70.001 - 75.000 356 68,265,187.16 8.92 353 41.75 7.588 573 74.20
75.001 - 80.000 585 117,089,925.87 15.30 355 38.21 7.240 602 79.38
80.001 - 85.000 509 104,717,603.61 13.68 354 39.37 7.266 601 84.25
85.001 - 90.000 1,021 215,536,401.03 28.16 357 38.66 7.453 616 89.59
90.001 - 95.000 494 132,087,418.33 17.26 357 40.91 7.555 641 94.66
95.001 - 100.000 726 41,856,922.93 5.47 354 36.48 10.507 665 99.98
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
FICO SCORES LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
500 - 519 281 $ 44,039,585.53 5.75% 356 41.69% 8.274% 510 75.99%
520 - 539 353 52,717,549.48 6.89 352 41.33 8.122 530 76.40
540 - 559 410 73,425,396.41 9.59 355 40.61 7.902 552 80.89
560 - 579 370 66,430,819.20 8.68 354 38.99 7.704 570 81.03
580 - 599 426 86,997,099.98 11.37 355 39.87 7.468 589 83.67
600 - 619 527 101,967,893.90 13.32 354 39.69 7.448 609 85.41
620 - 639 643 110,758,422.94 14.47 355 39.51 7.570 629 87.54
640 - 659 420 68,649,594.84 8.97 355 37.97 7.445 649 88.85
660 - 679 291 48,372,224.40 6.32 354 36.98 7.357 669 86.82
680 - 699 215 44,462,548.63 5.81 359 37.11 7.190 688 88.43
700 - 719 122 26,247,584.09 3.43 356 36.79 7.066 709 87.17
720 - 739 100 17,393,565.56 2.27 357 36.80 7.256 730 84.89
740 - 759 57 13,241,699.68 1.73 358 38.35 6.984 750 84.80
760 - 779 32 6,735,146.87 0.88 359 35.43 7.082 766 85.51
780 - 799 17 3,190,544.82 0.42 353 37.50 7.434 788 85.68
800 - 819 3 645,542.87 0.08 359 43.35 7.227 802 75.77
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
INCOME RATIOS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
<= 20.00 339 $ 44,773,263.63 5.85% 355 14.57% 7.487% 630 81.95%
20.01 - 25.00 325 40,080,752.25 5.24 354 23.27 7.764 616 83.68
25.01 - 30.00 447 60,378,761.80 7.89 354 28.08 7.708 616 83.74
30.01 - 35.00 547 86,754,838.96 11.34 354 33.13 7.439 626 83.71
35.01 - 40.00 640 113,526,297.33 14.83 356 38.27 7.639 611 84.67
40.01 - 45.00 912 164,326,990.31 21.47 354 43.08 7.646 617 86.01
45.01 - 50.00 921 224,022,345.09 29.27 356 48.09 7.496 605 85.47
50.01 - 55.00 136 31,411,969.83 4.10 353 53.29 7.606 575 68.82
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
STATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
AK 8 $ 595,565.34 0.08% 358 35.04% 9.295% 622 88.68%
AL 51 5,049,907.34 0.66 352 37.91 8.731 593 86.69
AR 7 1,023,732.87 0.13 348 41.90 8.620 588 82.41
AZ 242 22,595,268.78 2.95 350 36.13 7.886 611 85.61
CA 757 304,879,735.88 39.84 358 40.93 7.046 616 82.79
CO 49 8,782,109.52 1.15 355 39.68 7.947 606 85.35
CT 36 12,304,350.54 1.61 359 39.09 7.372 609 80.52
DE 6 763,351.58 0.10 360 44.97 8.548 645 89.47
FL 418 50,956,991.97 6.66 352 37.81 8.036 601 83.02
GA 65 7,993,879.71 1.04 359 34.24 8.193 621 88.14
HI 23 3,735,945.18 0.49 359 41.06 7.436 648 80.58
IA 22 1,571,878.52 0.21 336 38.23 8.628 577 83.07
ID 5 834,022.26 0.11 357 23.19 7.180 658 84.80
IL 210 27,752,911.57 3.63 358 38.93 8.461 621 88.63
IN 183 12,720,973.99 1.66 355 36.22 8.057 602 85.98
KS 28 1,841,472.46 0.24 341 35.92 8.336 616 83.86
KY 32 1,928,266.71 0.25 334 34.89 8.101 572 78.33
LA 74 6,079,456.79 0.79 347 39.94 8.579 576 80.81
MA 73 18,795,657.51 2.46 359 39.29 7.667 612 87.76
MD 117 20,796,017.83 2.72 355 37.99 7.497 601 84.43
ME 14 1,516,877.52 0.20 346 38.00 7.755 586 79.41
MI 369 30,413,717.12 3.97 356 35.98 8.155 596 82.70
MN 30 7,560,427.95 0.99 358 39.37 7.734 617 86.43
MO 105 8,471,329.84 1.11 354 37.09 8.310 582 84.15
MS 40 2,663,800.53 0.35 332 38.68 8.504 590 83.13
MT 1 119,911.83 0.02 359 46.00 7.550 561 33.71
NC 28 2,331,964.75 0.30 339 38.76 9.155 604 83.69
ND 4 189,315.50 0.02 358 40.22 7.948 645 85.85
NE 14 744,901.95 0.10 349 36.87 8.363 592 87.73
NH 5 1,041,556.33 0.14 359 34.56 7.428 592 84.45
NJ 57 18,911,941.56 2.47 358 42.34 7.393 612 86.53
NM 9 481,796.21 0.06 358 34.82 9.173 601 82.93
NV 63 13,712,989.90 1.79 356 38.95 7.956 612 87.69
NY 248 81,040,186.50 10.59 358 39.26 7.538 635 86.99
OH 232 18,460,488.31 2.41 349 36.22 7.947 589 84.87
OK 37 2,730,581.05 0.36 347 36.32 8.882 607 87.85
OR 19 2,718,237.33 0.36 355 37.46 7.843 624 82.45
PA 127 11,724,064.41 1.53 338 35.48 7.802 589 80.91
RI 19 2,130,958.37 0.28 341 40.51 8.633 656 84.89
SC 28 2,381,084.14 0.31 337 34.50 8.371 601 80.29
SD 4 586,512.90 0.08 359 43.45 7.956 562 87.23
TN 86 7,720,691.52 1.01 347 35.81 8.240 602 84.69
TX 160 17,017,188.75 2.22 334 37.39 8.331 599 80.75
UT 43 3,865,522.61 0.51 355 34.24 8.581 626 87.99
WA 68 11,766,478.88 1.54 357 40.80 7.732 610 86.69
WI 49 3,820,706.30 0.50 341 40.23 8.754 586 84.47
WY 2 150,490.79 0.02 251 27.82 9.371 537 79.27
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
OCCUPATION STATUS* LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 3,673 $ 705,481,638.10 92.19% 355 39.85% 7.537% 610 84.13%
Non-owner Occupied 566 53,195,138.46 6.95 354 31.31 8.153 642 84.51
Second Home 28 6,598,442.64 0.86 359 37.54 7.297 635 83.77
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
INCOME DOCUMENTATION LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Full Docs 2,432 $ 405,390,302.22 52.97% 354 39.24% 7.332% 601 82.18%
Stated Docs 1,570 299,869,402.86 39.18 356 40.01 7.962 629 86.94
Limited Docs 265 60,015,514.12 7.84 354 35.27 7.317 607 83.52
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PURPOSE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 2,507 $ 499,306,384.36 65.25% 354 39.71% 7.373% 598 81.46%
Purchase 1,596 239,717,595.31 31.32 358 38.13 8.024 641 90.30
Refi-No Cashout *** 164 26,251,239.53 3.43 350 40.13 7.405 618 79.10
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in
Texas with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance
of the related loan. Excludes home equity loans originated in Texas
with any cash proceeds.
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
RISK CATEGORY LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
8A 9 $ 2,096,992.51 0.27% 359 37.13% 6.327% 735 77.63%
7A 12 4,146,288.17 0.54 355 40.27 7.165 688 83.79
6A 17 5,873,079.16 0.77 358 39.77 6.629 670 83.81
5A 14 2,350,136.69 0.31 335 41.75 7.359 646 81.47
4A 33 9,602,162.16 1.25 346 41.25 7.313 628 81.98
3A 25 5,108,224.51 0.67 314 40.10 7.532 623 80.66
2A 34 7,334,775.73 0.96 341 43.27 7.787 583 82.81
1 2,857 472,105,907.28 61.69 356 38.42 7.490 628 86.17
2 274 59,097,488.27 7.72 356 39.21 7.513 586 83.63
3 290 55,638,952.68 7.27 355 39.46 7.528 576 82.55
4 206 32,311,119.45 4.22 356 40.07 7.967 567 79.64
5 153 28,763,111.18 3.76 353 43.95 8.119 553 70.00
6 44 7,891,786.45 1.03 358 42.94 9.286 550 64.84
A+ 93 28,164,572.51 3.68 358 39.44 7.207 641 87.92
A 99 21,243,245.49 2.78 348 41.50 8.030 602 84.73
X- 00 3,121,649.21 0.41 355 36.60 7.851 547 78.34
B 35 7,386,055.77 0.97 357 45.55 8.642 542 77.42
C 35 7,112,078.05 0.93 359 40.82 8.457 523 71.61
C- 16 4,943,113.35 0.65 357 41.53 8.019 549 84.44
D 8 984,480.58 0.13 359 41.56 9.318 532 61.05
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
PROPERTY TYPE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
------------------------------------------------------------------------------------------------------------------------------------
SFR 3,299 $ 587,663,441.38 76.79% 355 39.41% 7.546% 610 83.75%
PUD 296 73,236,588.35 9.57 357 39.28 7.526 604 84.56
2-4 UNITS 269 52,480,103.39 6.86 357 38.18 7.836 640 87.88
CONDO 224 36,886,418.36 4.82 355 39.28 7.733 633 87.14
MANU/MOBIL 162 11,146,969.68 1.46 341 35.62 8.042 604 73.80
PUD-ATTACH 13 3,316,425.16 0.43 358 36.91 7.03 626 89.36
SFR-ATTACH 4 545,272.88 0.07 358 32.87 7.518 632 81.84
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
------------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
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PRINCIPAL % OF REMAINING DEBT-
PREPAYMENT CHARGE NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
(MOS.) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
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0 1,471 $ 205,422,606.52 26.84% 354 38.81% 8.156% 622 87.43%
12 152 48,109,264.19 6.29 355 38.20 7.454 624 83.09
24 989 221,542,434.55 28.95 358 40.31 7.468 599 84.48
36 1,655 290,200,913.94 37.92 353 38.88 7.273 614 81.75
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TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
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CONFORMING BALANCE
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PRINCIPAL % OF REMAINING DEBT-
NUMBER OF BALANCE PRINCIPAL TERM TO TO- MORTGAGE
CONFORMING MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
BALANCE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
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Conforming Balance 3,080 $ 236,612,374.90 30.92% 348 36.77% 8.504% 601 83.77%
Non-Conforming Balance 1,187 528,662,844.30 69.08 358 40.33 7.163 618 84.32
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TOTAL: 4,267 $ 765,275,219.20 100.00% 355 39.23% 7.578% 612 84.15%
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MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
LOANS AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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11.500 - 11.999 83 $ 29,711,749.68 5.75% 358 40.34% 5.888% 638 84.13%
12.000 - 12.499 189 59,492,066.17 11.51 358 39.14 6.238 622 84.05
12.500 - 12.999 361 113,779,312.29 22.02 358 40.29 6.758 622 86.10
13.000 - 13.499 309 78,120,514.56 15.12 359 39.55 7.232 607 84.52
13.500 - 13.999 435 102,927,378.34 19.92 358 40.53 7.753 591 85.49
14.000 - 14.499 287 55,325,423.66 10.71 358 39.94 8.245 580 84.99
14.500 - 14.999 259 47,013,878.34 9.10 359 41.55 8.709 583 87.02
15.000 - 15.499 89 13,409,535.22 2.59 359 39.59 9.179 562 83.06
15.500 - 15.999 78 11,503,119.54 2.23 357 40.15 9.692 563 81.93
16.000 - 16.499 21 2,500,184.51 0.48 358 40.14 10.211 544 77.14
16.500 - 16.999 9 1,530,030.09 0.30 359 41.36 10.838 560 79.54
17.000 - 17.499 8 1,068,939.77 0.21 358 46.05 11.212 518 70.73
17.500 - 17.999 5 294,676.09 0.06 357 38.11 11.761 529 63.42
18.000 - 18.499 2 113,353.65 0.02 359 49.37 12.157 523 68.75
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
LOANS AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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5.500 - 5.999 83 $ 29,711,749.68 5.75% 358 40.34% 5.888% 638 84.13%
6.000 - 6.499 189 59,492,066.17 11.51 358 39.14 6.238 622 84.05
6.500 - 6.999 361 113,779,312.29 22.02 358 40.29 6.758 622 86.10
7.000 - 7.499 309 78,120,514.56 15.12 359 39.55 7.232 607 84.52
7.500 - 7.999 435 102,927,378.34 19.92 358 40.53 7.753 591 85.49
8.000 - 8.499 287 55,325,423.66 10.71 358 39.94 8.245 580 84.99
8.500 - 8.999 259 47,013,878.34 9.10 359 41.55 8.709 583 87.02
9.000 - 9.499 89 13,409,535.22 2.59 359 39.59 9.179 562 83.06
9.500 - 9.999 78 11,503,119.54 2.23 357 40.15 9.692 563 81.93
10.000 - 10.499 21 2,500,184.51 0.48 358 40.14 10.211 544 77.14
10.500 - 10.999 9 1,530,030.09 0.30 359 41.36 10.838 560 79.54
11.000 - 11.499 8 1,068,939.77 0.21 358 46.05 11.212 518 70.73
11.500 - 11.999 5 294,676.09 0.06 357 38.11 11.761 529 63.42
12.000 - 12.499 2 113,353.65 0.02 359 49.37 12.157 523 68.75
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
LOANS AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF GROSS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
MARGINS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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4.500 - 4.749 55 $ 9,396,966.58 1.82% 357 39.15% 7.212% 611 85.77%
4.750 - 4.999 5 1,769,806.69 0.34 359 42.52 6.332 701 86.90
5.000 - 5.249 35 8,358,001.47 1.62 359 38.81 7.424 636 84.60
5.250 - 5.499 12 4,430,343.54 0.86 358 38.24 6.490 668 86.63
5.500 - 5.749 125 42,992,938.52 8.32 359 40.95 7.314 617 87.44
5.750 - 5.999 16 6,878,397.34 1.33 359 41.58 7.139 620 84.70
6.000 - 6.249 1,775 420,170,789.70 81.30 358 40.02 7.418 602 85.26
6.250 - 6.499 8 2,642,016.43 0.51 359 41.30 8.529 567 84.46
6.500 - 6.749 68 12,860,370.52 2.49 358 42.81 7.954 555 79.09
6.750 - 6.999 19 3,498,628.91 0.68 360 42.66 8.396 516 70.87
7.000 - 7.249 17 3,791,902.21 0.73 358 39.90 8.624 516 68.75
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
NEXT RATE LOANS AS OF AS OF TERM TO TO- MORTGAGE
ADJUSTMENT MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
DATE LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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2006-03 1 $ 438,886.73 0.08% 353 33.00% 8.000% 571 90.00%
2006-04 27 3,305,761.10 0.64 354 40.50 7.033 592 86.88
2006-05 59 5,936,008.51 1.15 355 37.10 7.378 595 83.42
2006-06 75 9,069,651.72 1.75 355 34.04 7.316 605 82.15
2006-07 123 17,433,916.29 3.37 356 39.93 7.625 599 86.97
2006-08 299 47,669,859.58 9.22 357 39.47 7.723 596 85.90
2006-09 852 234,628,135.56 45.40 358 41.10 7.393 599 84.44
2006-10 48 18,708,485.61 3.62 359 39.60 7.590 595 85.11
2006-11 47 14,923,552.54 2.89 359 40.55 7.466 602 85.55
2006-12 193 55,992,428.00 10.83 360 40.23 7.458 600 84.03
2007-01 10 2,753,499.00 0.53 360 38.11 7.496 557 85.63
2007-05 17 1,723,223.24 0.33 355 41.63 7.709 595 87.54
2007-06 7 1,096,315.08 0.21 350 27.78 6.915 596 87.46
2007-07 39 5,767,814.94 1.12 355 40.18 7.603 617 89.39
2007-08 57 10,185,399.90 1.97 358 40.61 7.219 625 87.55
2007-09 207 64,215,127.79 12.43 359 38.83 7.248 622 86.60
2007-10 4 1,907,396.45 0.37 359 38.22 7.100 607 87.69
2007-11 14 4,603,835.87 0.89 359 44.61 7.644 586 81.55
2007-12 55 15,780,864.00 3.05 359 39.02 7.349 612 85.49
2008-01 1 650,000.00 0.13 360 33.00 6.990 730 89.66
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
INITIAL LOANS AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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2.000 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL
BALANCE OF % OF
ADJUSTABLE PRINCIPAL
RATE BALANCE REMAINING DEBT-
SUBSEQUENT LOANS AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO OLTV (%)
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1.000 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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TOTAL: 2,135 $ 516,790,161.91 100.00% 358 40.17% 7.425% 603 85.07%
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