. . EXHIBIT 99.7
.
.
.
EXHIBIT 99.7
------------------------------------------------------------------------------------------------------------------------------------
SCENARIO 1 2 2
------------------------------------------------------------------------------------------------------------------------------------
SPEED PRICING 100% pricing 100% pricing 100% pricing
RATES Forward Forward +100 Forward +200
TRIGGERS Fail Fail Fail
CLEANUP CALL To Maturity To Maturity To Maturity
DEFAULT P&I ADVANCE 100% Advance 100% Advance 100% Advance
DEFAULT SEVERITY 100% 100% 100%
DEFAULT RECOVERY LAG Months 12 months 12 months 12 months
DEFAULT BALANCE Current Balance Current Balance Current Balance
CPR = CDR + CRR Capped at prepay
CPR = CRR PSA standard CPR = CRR CPR = CRR CPR = CRR
------------------------------------------------------------------------------------------------------------------------------------
INITIAL
RATINGS BOND SUB-
CLASS M/S SIZE ORDINATION
------------------------------------------------------------------------------------------------------------------------------------
A Aaa/AAA 69.75 33.95 CDR
CummLosses
M1 Aa2/AA 8.45 25.50 CDR
CummLosses
M2 A2/A 6.90 18.60 CDR
CummLosses
B1 Baa1/BBB+ 4.05 14.55 CDR 8.75 7.94 7.08
CummLosses 75,271,921.15 (20.02%) 69,359,194.99 (18.45%) 62,877,573.25 (16.72%)
B2 Baa2/BBB 1.70 12.85 CDR 7.88 7.08 6.29
CummLosses 68,913,916.39 (18.33%) 62,877,573.25 (16.72%) 56,729,566.61 (15.09%)
B3 Baa3/BBB- 1.65 11.20 CDR 7.06 6.31 5.56
CummLosses 62,724,257.70 (16.68%) 56,887,576.48 (15.13%) 50,875,644.61 (13.53%)
B4 Ba1/BB+ 1.60 9.60 CDR
CummLosses
B5 Ba2/BB 1.50 8.10 CDR
CummLosses
8.10 CDR
CummLosses
8.10 CDR
CummLosses
8.10 CDR
CummLosses
-- 8.10 CDR -- -- --
CummLosses
OC 4.40 8.10 -- -- --
