XXXXXX XXXXXXX XXXX XXXXXX
--------------------------------------------------------------------------------
02/13/2001 16:27:35 CARVE Version 513.0
/u/xxxxxx/deal/msdwc_00-TOP1/010213/TOP1.4AAAs.0213.carve
MSDWCI MSDWCI SERIES 2001-TOP1 (RED) CLASS A1
--------------------------------------------------------------------------------
Class A1
Delay 14
Payment Freq Monthly
Yield Day Count 30/360
Yield Freq XxxxXxxxxx
Xxxxx Table Date 02/13/2001
Cusip N/A
First Payment Date 03/15/2001
Next Payment Date 03/15/2001
Settlement Date 02/23/2001
Interest Freq Monthly
Credit Rating AAA/AAA
Dated Date 02/01/2001
Factor 1.00000000
Current Balance 65,000,000.00
Coupon 5.80000
Market Desc N/A
Original Balance 65,000,000.00
Lead Manager Xxxxxx Xxxxxxx & Co.
Orig Deal Size 1,156,426,170.00
Num of Tranches 22
Deal Age 0
TREASURY CURVE
1 4.7197 2 4.6648 5 4.8438 10 5.0543 30 5.4248
SWAP CURVE
2 yr 62.2500 3 yr 71.5000 5 yr 82.0000 7 yr 89.7500 10 yr 92.5000 20 yr 100.2500 30 yr 84.7500
Prepay CPR 0 (!YM) CPR 25 (!YM) CPR 50 (!YM) CPR 75 (!YM) CPR 100
------------------------------------------------------------------------------------------------------------------
Price / Yield
99/16 5.964 6.018 6.048 6.065 6.081
99/18 5.942 5.996 6.025 6.041 6.056
99/20 5.921 5.974 6.002 6.018 6.032
99/22 5.900 5.951 5.979 5.994 6.008
99/24 5.879 5.929 5.956 5.971 5.983
99/26 5.858 5.907 5.933 5.947 5.959
99/28 5.836 5.885 5.910 5.924 5.934
99/30 5.815 5.863 5.888 5.900 5.910
100/00 5.794 5.840 5.865 5.877 5.886
100/02 5.773 5.818 5.842 5.854 5.862
100/04 5.752 5.796 5.819 5.830 5.837
100/06 5.731 5.774 5.796 5.807 5.813
100/08 5.710 5.752 5.773 5.784 5.789
100/10 5.689 5.730 5.751 5.760 5.765
100/12 5.668 5.708 5.728 5.737 5.741
100/14 5.647 5.686 5.705 5.714 5.716
100/16 5.626 5.664 5.682 5.691 5.692
Average Life 3.40 3.23 3.13 3.06 2.94
First Prin 03/15/2001 03/15/2001 03/15/2001 03/15/2001 03/15/2001
Last Prin 11/15/2005 10/15/2005 10/15/2005 10/15/2005 08/15/2005
Payment Window 57 56 56 56 54
Accrual Factor 0.3544 0.3544 0.3544 0.3544 0.3544
Mod Duration @ 100/00 2.95 2.81 2.72 2.66 2.56
Spread Interp. @ 100/00 105 110 113 115 116
Page 1 of 4
--------------------------------------------------------------------------------
This information is being delivered to a specific number of prospective
sophisticated investors in order to assist them in determining whether they have
an interest in the type of security described herein. It has been prepared
solely for information purposes and is not an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any trading strategy. No representation or warranty can be given
with respect to the accuracy or completeness of the information, or with respect
to the terms of any future offer of securities conforming to the terms hereof.
Any such offer of securities would be made pursuant to a definitive Prospectus
or Private Placement Memorandum, as the case may be, prepared by the issuer
which could contain material information not contained herein and to which the
prospective purchasers are referred. In the event of any such offering, this
information shall be deemed superseded, amended and supplemented in its entirety
by such Prospectus or Private Placement Memorandum. Such Prospectus or Private
Placement Memorandum will contain all material information in respect of any
securities offered thereby and any decision to invest in such securities should
be made solely in reliance upon such Prospectus or Private Placement Memorandum.
Certain assumptions may have been made in this analysis which have resulted in
any returns detailed herein. No representation is made that any returns
indicated will be achieved. Changes to the assumptions may have a material
impact on any returns detailed. Xxxxxx Xxxxxxx & Co. Incorporated disclaims any
and all liability relating to this information, including without limitation any
express or implied representations or warranties for, statements contained in,
and omissions from, this information. Additional information is available upon
request. Xxxxxx Xxxxxxx & Co. Incorporated and others associated with it may
have positions in, and may effect transaction in, securities and instruments of
issuers mentioned herein and may also perform or seek to perform investment
banking services for the issuers of such securities and instruments. Past
performance is not necessarily indicative of future results. Price and
availability are subject to change without notice. To our readers worldwide: In
addition, please note that this publication has been issued by Xxxxxx Xxxxxxx &
Co. Incorporated, approved by Xxxxxx Xxxxxxx International Limited, a member of
The Securities and Futures Authority, any by Xxxxxx Xxxxxxx Japan Ltd. We
recommend that such investors obtain the advice of their Xxxxxx Xxxxxxx & Co.
Incorporated, Xxxxxx Xxxxxxx International or Xxxxxx Xxxxxxx Japan Ltd.
representative about the investments concerned. NOT FOR DISTRIBUTION TO PRIVATE
CUSTOMERS AS DEFINED BY THE U. K. SECURITIES AND FUTURES AUTHORITY.
XXXXXX XXXXXXX XXXX XXXXXX
--------------------------------------------------------------------------------
02/13/2001 16:27:35 CARVE Version 513.0
/u/xxxxxx/deal/msdwc_00-TOP1/010213/TOP1.4AAAs.0213.carve
MSDWCI MSDWCI SERIES 2001-TOP1 (RED) CLASS A2
--------------------------------------------------------------------------------
Class A2
Delay 14
Payment Freq Monthly
Yield Day Count 30/360
Yield Freq XxxxXxxxxx
Xxxxx Table Date 02/13/2001
Cusip N/A
First Payment Date 03/15/2001
Next Payment Date 03/15/2001
Settlement Date 02/23/2001
Interest Freq Monthly
Credit Rating AAA/AAA
Dated Date 02/01/2001
Factor 1.00000000
Current Balance 203,500,000.00
Coupon 6.10000
Market Desc N/A
Original Balance 203,500,000.00
Lead Manager Xxxxxx Xxxxxxx & Co.
Orig Deal Size 1,156,426,170.00
Num of Tranches 22
Deal Age 0
TREASURY CURVE
1 4.7197 2 4.6648 5 4.8438 10 5.0543 30 5.4248
SWAP CURVE
2 yr 65.2500 3 yr 71.5000 5 yr 82.0000 7 yr 89.7500 10 yr 92.5000 20 yr 100.2500 30 yr 84.7500
Prepay CPR 0 (!YM) CPR 25 (!YM) CPR 50 (!YM) CPR 75 (!YM) CPR 100
------------------------------------------------------------------------------------------------------------------
Price / Yield
99/16 6.235 6.247 6.252 6.255 6.258
99/18 6.222 6.233 6.238 6.241 6.243
99/20 6.208 6.219 6.224 6.226 6.229
99/22 6.194 6.205 6.210 6.212 6.215
99/24 6.181 6.191 6.196 6.198 6.200
99/26 6.167 6.178 6.182 6.184 6.186
99/28 6.154 6.164 6.168 6.170 6.172
99/30 6.140 6.150 6.154 6.156 6.157
100/00 6.126 6.136 6.140 6.142 6.143
100/02 6.113 6.122 6.126 6.128 6.129
100/04 6.099 6.109 6.112 6.114 6.115
100/06 6.086 6.095 6.098 6.100 6.100
100/08 6.072 6.081 6.084 6.086 6.086
100/10 6.059 6.067 6.071 6.072 6.072
100/12 6.045 6.053 6.057 6.058 6.058
100/14 6.032 6.040 6.043 6.044 6.043
100/16 6.018 6.026 6.029 6.030 6.029
Average Life 5.70 5.59 5.54 5.51 5.40
First Prin 03/15/2001 03/15/2001 03/15/2001 03/15/2001 03/15/2001
Last Prin 09/15/2009 09/15/2009 09/15/2009 09/15/2009 07/15/2009
Payment Window 103 103 103 103 101
Accrual Factor 0.3728 0.3728 0.3728 0.3728 0.3728
Mod Duration @ 100/00 4.59 4.51 4.47 4.44 4.36
Spread Interp. @ 100/00 125 127 127 128 128
Page 2 of 4
--------------------------------------------------------------------------------
This information is being delivered to a specific number of prospective
sophisticated investors in order to assist them in determining whether they have
an interest in the type of security described herein. It has been prepared
solely for information purposes and is not an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any trading strategy. No representation or warranty can be given
with respect to the accuracy or completeness of the information, or with respect
to the terms of any future offer of securities conforming to the terms hereof.
Any such offer of securities would be made pursuant to a definitive Prospectus
or Private Placement Memorandum, as the case may be, prepared by the issuer
which could contain material information not contained herein and to which the
prospective purchasers are referred. In the event of any such offering, this
information shall be deemed superseded, amended and supplemented in its entirety
by such Prospectus or Private Placement Memorandum. Such Prospectus or Private
Placement Memorandum will contain all material information in respect of any
securities offered thereby and any decision to invest in such securities should
be made solely in reliance upon such Prospectus or Private Placement Memorandum.
Certain assumptions may have been made in this analysis which have resulted in
any returns detailed herein. No representation is made that any returns
indicated will be achieved. Changes to the assumptions may have a material
impact on any returns detailed. Xxxxxx Xxxxxxx & Co. Incorporated disclaims any
and all liability relating to this information, including without limitation any
express or implied representations or warranties for, statements contained in,
and omissions from, this information. Additional information is available upon
request. Xxxxxx Xxxxxxx & Co. Incorporated and others associated with it may
have positions in, and may effect transaction in, securities and instruments of
issuers mentioned herein and may also perform or seek to perform investment
banking services for the issuers of such securities and instruments. Past
performance is not necessarily indicative of future results. Price and
availability are subject to change without notice. To our readers worldwide: In
addition, please note that this publication has been issued by Xxxxxx Xxxxxxx &
Co. Incorporated, approved by Xxxxxx Xxxxxxx International Limited, a member of
The Securities and Futures Authority, any by Xxxxxx Xxxxxxx Japan Ltd. We
recommend that such investors obtain the advice of their Xxxxxx Xxxxxxx & Co.
Incorporated, Xxxxxx Xxxxxxx International or Xxxxxx Xxxxxxx Japan Ltd.
representative about the investments concerned. NOT FOR DISTRIBUTION TO PRIVATE
CUSTOMERS AS DEFINED BY THE U. K. SECURITIES AND FUTURES AUTHORITY.
XXXXXX XXXXXXX XXXX XXXXXX
--------------------------------------------------------------------------------
02/13/2001 16:27:35 CARVE Version 513.0
/u/xxxxxx/deal/msdwc_00-TOP1/010213/TOP1.4AAAs.0213.carve
MSDWCI MSDWCI SERIES 2001-TOP1 (RED) CLASS A3
--------------------------------------------------------------------------------
Class A3
Delay 14
Payment Freq Monthly
Yield Day Count 30/360
Yield Freq XxxxXxxxxx
Xxxxx Table Date 02/13/2001
Cusip N/A
First Payment Date 03/15/2001
Next Payment Date 03/15/2001
Settlement Date 02/23/2001
Interest Freq Monthly
Credit Rating AAA
Dated Date 02/01/2001
Factor 1.00000000
Current Balance 138,500,000.00
Coupon 6.27000
Market Desc N/A
Original Balance 138,500,000.00
Lead Manager Xxxxxx Xxxxxxx & Co.
Orig Deal Size 1,156,426,170.00
Num of Tranches 22
Deal Age 0
TREASURY CURVE
1 4.7197 2 4.6648 5 4.8438 10 5.0543 30 5.4248
SWAP CURVE
2 yr 65.2500 3 yr 71.5000 5 yr 82.0000 7 yr 89.7500 10 yr 92.5000 20 yr 100.2500 30 yr 84.7500
Prepay CPR 0 (!YM) CPR 25 (!YM) CPR 50 (!YM) CPR 75 (!YM) CPR 100
------------------------------------------------------------------------------------------------------------------
Price / Yield
99/24 6.354 6.355 6.354 6.354 6.354
99/26 6.342 6.343 6.342 6.342 6.342
99/28 6.330 6.331 6.330 6.330 6.330
99/30 6.319 6.319 6.318 6.318 6.317
100/00 6.307 6.307 6.306 6.306 6.305
100/02 6.295 6.295 6.295 6.294 6.293
100/04 6.284 6.284 6.283 6.282 6.281
100/06 6.272 6.272 6.271 6.271 6.269
100/08 6.260 6.260 6.259 6.259 6.257
100/10 6.249 6.248 6.247 6.247 6.245
100/12 6.237 6.237 6.236 6.235 6.234
100/14 6.225 6.225 6.224 6.223 6.222
100/16 6.214 6.213 6.212 6.212 6.210
100/18 6.202 6.201 6.200 6.200 6.198
100/20 6.191 6.190 6.189 6.188 6.186
100/22 6.179 6.178 6.177 6.176 6.174
100/24 6.167 6.166 6.165 6.165 6.162
Average Life 6.78 6.70 6.67 6.66 6.55
First Prin 11/15/2005 10/15/2005 10/15/2005 10/15/2005 08/15/2005
Last Prin 09/15/2009 09/15/2009 09/15/2009 09/15/2009 07/15/2009
Payment Window 47 48 48 48 48
Accrual Factor 0.3832 0.3832 0.3832 0.3832 0.3832
Mod Duration @ 100/08 5.34 5.28 5.26 5.26 5.18
Spread Interp. @ 100/08 134 134 135 135 135
Page 3 of 4
--------------------------------------------------------------------------------
This information is being delivered to a specific number of prospective
sophisticated investors in order to assist them in determining whether they have
an interest in the type of security described herein. It has been prepared
solely for information purposes and is not an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any trading strategy. No representation or warranty can be given
with respect to the accuracy or completeness of the information, or with respect
to the terms of any future offer of securities conforming to the terms hereof.
Any such offer of securities would be made pursuant to a definitive Prospectus
or Private Placement Memorandum, as the case may be, prepared by the issuer
which could contain material information not contained herein and to which the
prospective purchasers are referred. In the event of any such offering, this
information shall be deemed superseded, amended and supplemented in its entirety
by such Prospectus or Private Placement Memorandum. Such Prospectus or Private
Placement Memorandum will contain all material information in respect of any
securities offered thereby and any decision to invest in such securities should
be made solely in reliance upon such Prospectus or Private Placement Memorandum.
Certain assumptions may have been made in this analysis which have resulted in
any returns detailed herein. No representation is made that any returns
indicated will be achieved. Changes to the assumptions may have a material
impact on any returns detailed. Xxxxxx Xxxxxxx & Co. Incorporated disclaims any
and all liability relating to this information, including without limitation any
express or implied representations or warranties for, statements contained in,
and omissions from, this information. Additional information is available upon
request. Xxxxxx Xxxxxxx & Co. Incorporated and others associated with it may
have positions in, and may effect transaction in, securities and instruments of
issuers mentioned herein and may also perform or seek to perform investment
banking services for the issuers of such securities and instruments. Past
performance is not necessarily indicative of future results. Price and
availability are subject to change without notice. To our readers worldwide: In
addition, please note that this publication has been issued by Xxxxxx Xxxxxxx &
Co. Incorporated, approved by Xxxxxx Xxxxxxx International Limited, a member of
The Securities and Futures Authority, any by Xxxxxx Xxxxxxx Japan Ltd. We
recommend that such investors obtain the advice of their Xxxxxx Xxxxxxx & Co.
Incorporated, Xxxxxx Xxxxxxx International or Xxxxxx Xxxxxxx Japan Ltd.
representative about the investments concerned. NOT FOR DISTRIBUTION TO PRIVATE
CUSTOMERS AS DEFINED BY THE U. K. SECURITIES AND FUTURES AUTHORITY.
XXXXXX XXXXXXX XXXX XXXXXX
--------------------------------------------------------------------------------
02/13/2001 16:27:35 CARVE Version 513.0
/u/xxxxxx/deal/msdwc_00-TOP1/010213/TOP1.4AAAs.0213.carve
MSDWCI MSDWCI SERIES 2001-TOP1 (RED) CLASS A4
--------------------------------------------------------------------------------
Class A4
Delay 14
Payment Freq Monthly
Yield Day Count 30/360
Yield Freq XxxxXxxxxx
Xxxxx Table Date 02/13/2001
Cusip N/A
First Payment Date 03/15/2001
Next Payment Date 03/15/2001
Settlement Date 02/23/2001
Interest Freq Monthly
Credit Rating AAA
Dated Date 02/01/2001
Factor 1.00000000
Current Balance 575,962,000.00
Coupon 6.45000
Market Desc N/A
Original Balance 575,962,000.00
Lead Manager Xxxxxx Xxxxxxx & Co.
Orig Deal Size 1,156,426,170.00
Num of Tranches 22
Deal Age 0
TREASURY CURVE
1 4.7197 2 4.6648 5 4.8438 10 5.0543 30 5.4248
SWAP CURVE
2 yr 62.2500 3 yr 71.5000 5 yr 82.0000 7 yr 89.7500 10 yr 92.5000 20 yr 100.2500 30 yr 84.7500
Prepay CPR 0 (!YM) CPR 25 (!YM) CPR 50 (!YM) CPR 75 (!YM) CPR 100
------------------------------------------------------------------------------------------------------------------
Price / Yield
100/00 6.501 6.501 6.501 6.501 6.501
100/02 6.492 6.492 6.492 6.492 6.492
100/04 6.484 6.483 6.483 6.483 6.483
100/06 6.475 6.475 6.475 6.474 6.474
100/08 6.466 6.466 6.466 6.466 6.465
100/10 6.457 6.457 6.457 6.457 6.456
100/12 6.448 6.448 6.448 6.448 6.447
100/14 6.439 6.439 6.439 6.439 6.438
100/16 6.430 6.430 6.430 6.430 6.429
100/18 6.421 6.421 6.421 6.421 6.420
100/20 6.412 6.412 6.412 6.412 6.411
100/22 6.404 6.403 6.403 6.403 6.402
100/24 6.395 6.395 6.395 6.394 6.393
100/26 6.386 6.386 6.386 6.385 6.384
100/28 6.377 6.377 6.377 6.377 6.375
100/30 6.368 6.368 6.368 6.368 6.366
100/00 6.359 6.359 6.359 6.359 6.357
Average Life 9.65 9.64 9.63 9.61 9.47
First Prin 09/15/2009 09/15/2009 09/15/2009 09/15/2009 07/15/2009
Last Prin 01/15/2011 01/15/2011 01/15/2011 01/15/2011 12/15/2010
Payment Window 17 17 17 17 18
Accrual Factor 0.3942 0.3942 0.3942 0.3942 0.3942
Mod Duration @ 100/16 6.98 6.98 6.97 6.96 6.89
Spread Interp. @ 100/16 139 139 139 139 140
Page 4 of 4
--------------------------------------------------------------------------------
This information is being delivered to a specific number of prospective
sophisticated investors in order to assist them in determining whether they have
an interest in the type of security described herein. It has been prepared
solely for information purposes and is not an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any trading strategy. No representation or warranty can be given
with respect to the accuracy or completeness of the information, or with respect
to the terms of any future offer of securities conforming to the terms hereof.
Any such offer of securities would be made pursuant to a definitive Prospectus
or Private Placement Memorandum, as the case may be, prepared by the issuer
which could contain material information not contained herein and to which the
prospective purchasers are referred. In the event of any such offering, this
information shall be deemed superseded, amended and supplemented in its entirety
by such Prospectus or Private Placement Memorandum. Such Prospectus or Private
Placement Memorandum will contain all material information in respect of any
securities offered thereby and any decision to invest in such securities should
be made solely in reliance upon such Prospectus or Private Placement Memorandum.
Certain assumptions may have been made in this analysis which have resulted in
any returns detailed herein. No representation is made that any returns
indicated will be achieved. Changes to the assumptions may have a material
impact on any returns detailed. Xxxxxx Xxxxxxx & Co. Incorporated disclaims any
and all liability relating to this information, including without limitation any
express or implied representations or warranties for, statements contained in,
and omissions from, this information. Additional information is available upon
request. Xxxxxx Xxxxxxx & Co. Incorporated and others associated with it may
have positions in, and may effect transaction in, securities and instruments of
issuers mentioned herein and may also perform or seek to perform investment
banking services for the issuers of such securities and instruments. Past
performance is not necessarily indicative of future results. Price and
availability are subject to change without notice. To our readers worldwide: In
addition, please note that this publication has been issued by Xxxxxx Xxxxxxx &
Co. Incorporated, approved by Xxxxxx Xxxxxxx International Limited, a member of
The Securities and Futures Authority, any by Xxxxxx Xxxxxxx Japan Ltd. We
recommend that such investors obtain the advice of their Xxxxxx Xxxxxxx & Co.
Incorporated, Xxxxxx Xxxxxxx International or Xxxxxx Xxxxxxx Japan Ltd.
representative about the investments concerned. NOT FOR DISTRIBUTION TO PRIVATE
CUSTOMERS AS DEFINED BY THE U. K. SECURITIES AND FUTURES AUTHORITY.