EXHIBIT 99.1
The mortgage loans delivered to the trust (the "Mortgage Loans") consist of
conventional, one-to four- family, adjustable-rate and fixed-rate mortgage
loans. The Depositor purchased the Mortgage Loans from the Seller pursuant to
the Mortgage Loan Purchase Agreement, dated April 2, 2004 (the "Mortgage Loan
Purchase Agreement"), between the Seller and the Depositor. Pursuant to the
Pooling and Servicing Agreement, dated as of April 1, 2004 (the "Pooling and
Servicing Agreement"), among the Depositor, the Master Servicer and the Trustee,
the Depositor caused the Mortgage Loans to be assigned to the Trustee for the
benefit of the certificateholders.
The Mortgage Loans are secured by mortgages or deeds of trust or other
similar security instruments creating first 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 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.
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 95.17% and approximately 4.83% of the Mortgage Loans, by
aggregate scheduled principal balance as of the Cut-off Date, were originated by
the Seller's wholesale lending affiliates, Argent Mortgage Company, LLC
("Argent") and Olympus Mortgage Company ("Olympus" and together with Argent, the
"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 73.68% of the
adjustable-rate Group I Mortgage Loans and approximately 78.50% 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 26.32%
of the adjustable-rate Group I Mortgage Loans and approximately 21.50% 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 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.
For purposes of calculating interest and principal distributions on the
Class A Certificates, the Mortgage Loans will be divided into three loan groups,
designated as the "Group I Mortgage Loans," the "Group II Mortgage Loans" and
the "Group III Mortgage Loans." The Group I Mortgage Loans will consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that conform to Freddie Mac and Xxxxxx Xxx loan limits, the Group II
-2-
Mortgage Loans will consist of adjustable-rate and fixed-rate mortgage loans
with principal balances at origination that may or may not conform to Freddie
Mac or Xxxxxx Xxx loan limits and the Group III Mortgage Loans will consist of
fixed-rate mortgage loans with principal balances at origination that may or may
not conform to Freddie Mac or Xxxxxx Xxx loan limits.
Approximately 76.32% of the Group I Mortgage Loans, approximately 77.93% of
the Group II Mortgage Loans and approximately 79.31% of the Group III 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.
Group I Mortgage Loan Statistics
The Group I Mortgage Loans consist of 5,529 adjustable-rate and fixed-rate
Mortgage Loans having an aggregate principal balance as of the Cut-off Date of
approximately $900,078,518.83, after application of scheduled payments due on or
before the Cut-off Date whether or not received and application of all
unscheduled payments of principal received prior to the Cut-off Date. None of
the Group I Mortgage Loans had a first Due Date prior to November 2003 or after
May 2004, or will have a remaining term to stated maturity of less than 175
months or greater than 360 months as of the Cut-off Date. The latest maturity
date of any Group I Mortgage Loans is April 2034.
-3-
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Collateral Type
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PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 3,139 $497,925,090.58 55.32% 358 38.52 7.345 596 85.28
3-yr Fixed / Adjustable-Rate 1,120 177,891,432.59 19.76 358 38.35 7.159 608 85.19
Fixed Rate 1,270 224,261,995.66 24.92 347 38.71 6.348 654 79.48
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
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Principal Balances at Origination
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PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO GROSS
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
AT ORIGINATION ($) LOANS ORIGINATION ($) ORIGINATION (months) INCOME (%)* (%)* FICO* (%)*
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,289 $103,359,422.00 11.47% 353 36.19 7.579 606 83.11
100,000.01 - 150,000.00 1,546 192,833,652.00 21.39 353 37.81 7.286 606 84.15
150,000.01 - 200,000.00 1,135 196,678,828.00 21.82 355 38.82 7.085 608 83.90
200,000.01 - 250,000.00 751 168,114,875.00 18.65 357 39.81 6.900 613 82.91
250,000.01 - 300,000.00 475 129,769,455.00 14.40 356 38.66 6.825 621 84.76
300,000.01 - 350,000.00 271 85,885,120.00 9.53 358 40.02 6.661 623 84.09
350,000.01 - 400,000.00 42 15,667,575.00 1.74 354 37.74 6.587 640 85.41
400,000.01 - 450,000.00 10 4,223,425.00 0.47 359 36.05 6.499 671 82.57
450,000.01 - 500,000.00 10 4,860,710.00 0.54 358 37.17 6.778 678 78.76
------------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $901,393,062.00 100.00% 355 38.53 7.059 613 83.81
------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-4-
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Principal Balance as of the Cut-Off Date
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PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
BALANCES AS OF THE CUT- MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OFF DATE ($) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,290 $103,311,042.56 11.48% 353 36.18 7.579 606 83.11
100,000.01 - 150,000.00 1,553 193,654,195.55 21.52 353 37.82 7.285 606 84.19
150,000.01 - 200,000.00 1,129 195,593,383.03 21.73 355 38.81 7.084 608 83.84
200,000.01 - 250,000.00 749 167,471,894.23 18.61 357 39.81 6.902 613 82.94
250,000.01 - 300,000.00 485 132,572,221.48 14.73 356 38.66 6.821 620 84.49
300,000.01 - 350,000.00 261 82,761,215.47 9.19 358 40.06 6.664 623 84.50
350,000.01 - 400,000.00 42 15,642,898.18 1.74 354 37.74 6.587 640 85.41
400,000.01 - 450,000.00 10 4,217,665.11 0.47 359 36.05 6.499 671 82.57
450,000.01 - 500,000.00 10 4,854,003.22 0.54 358 37.17 6.778 678 78.76
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
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Remaining Term to Maturity
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF MONTHS MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
REMAINING LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
121-180 84 $ 10,622,220.23 1.18% 178 36.77 6.198 652 72.79
181 - 240 52 7,377,666.29 0.82 238 37.10 6.527 646 83.66
301 - 360 5,393 882,078,632.31 98.00 358 38.57 7.074 612 83.95
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
-5-
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Mortgage Rate
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 126 $ 27,907,809.01 3.10% 356 40.32 5.336 668 72.34
5.500 - 5.999 541 105,735,062.13 11.75 349 39.03 5.768 639 79.09
6.000 - 6.499 811 147,973,033.59 16.44 353 38.50 6.246 631 82.46
6.500 - 6.999 1,067 182,356,950.27 20.26 355 38.31 6.729 624 85.12
7.000 - 7.499 928 146,376,106.30 16.26 358 37.93 7.240 611 86.99
7.500 - 7.999 922 137,249,794.29 15.25 357 38.44 7.709 595 86.03
8.000 - 8.499 540 76,101,125.80 8.45 358 38.55 8.207 580 86.62
8.500 - 8.999 336 42,879,085.32 4.76 358 38.88 8.688 571 84.59
9.000 - 9.499 122 15,974,437.85 1.77 358 37.87 9.187 556 81.79
9.500 - 9.999 59 7,103,512.47 0.79 358 40.80 9.728 556 79.73
10.000 - 10.499 22 3,246,874.51 0.36 358 42.44 10.224 548 72.27
10.500 - 10.999 24 3,324,515.06 0.37 358 41.12 10.693 545 69.82
11.000 - 11.499 13 1,620,576.65 0.18 359 41.97 11.211 523 65.46
11.500 - 11.999 12 1,665,932.44 0.19 358 38.44 11.695 534 56.38
12.000 - 12.499 6 563,703.14 0.06 357 32.86 12.261 539 59.84
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
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Original Loan-to-Value Ratios
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PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Less than 25.000 7 $ 850,340.10 0.09% 337 41.14 6.400 635 22.71
25.001 - 30.000 7 995,089.22 0.11 358 33.49 7.826 579 28.30
30.001 - 35.000 14 1,923,302.04 0.21 347 36.22 6.501 624 32.67
35.001 - 40.000 9 1,752,763.00 0.19 358 31.02 6.233 641 37.17
40.001 - 45.000 24 3,402,973.50 0.38 358 38.04 6.227 649 42.76
45.001 - 50.000 36 5,048,671.90 0.56 353 39.96 6.643 588 47.86
50.001 - 55.000 69 10,597,763.05 1.18 336 40.24 6.544 617 52.84
55.001 - 60.000 107 17,723,590.91 1.97 353 38.71 7.327 590 58.11
60.001 - 65.000 171 28,619,138.21 3.18 351 39.88 6.836 601 63.39
65.001 - 70.000 250 41,342,966.93 4.59 352 39.93 7.057 587 68.67
70.001 - 75.000 423 71,645,769.90 7.96 353 40.36 6.975 591 74.02
75.001 - 80.000 786 124,206,769.22 13.80 354 37.98 6.996 595 79.35
80.001 - 85.000 744 122,744,084.14 13.64 356 38.28 6.931 600 84.42
85.001 - 90.000 1,671 265,226,935.08 29.47 357 37.60 7.184 619 89.69
90.001 - 95.000 1,211 203,998,361.63 22.66 357 39.10 7.114 640 94.73
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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-6-
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FICO Score at Origination
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PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
500 - 519 281 $ 40,780,610.43 4.53% 358 41.48 8.246 510 75.10
520 - 539 396 60,328,426.43 6.70 358 40.87 7.848 530 77.64
540 - 559 558 85,199,554.93 9.47 358 39.19 7.567 551 80.69
560 - 579 552 87,053,177.44 9.67 356 39.54 7.393 569 82.59
580 - 599 639 100,613,423.89 11.18 356 38.54 7.174 589 84.86
600 - 619 731 123,512,665.85 13.72 357 38.36 6.864 608 85.02
620 - 639 659 113,730,584.62 12.64 355 38.82 6.695 629 86.38
640 - 659 606 102,061,235.42 11.34 353 37.56 6.787 649 86.00
660 - 679 400 65,675,507.26 7.30 349 37.56 6.721 668 86.29
680 - 699 298 49,072,985.73 5.45 353 37.69 6.628 688 86.71
700 - 719 182 31,523,087.93 3.50 353 35.29 6.533 708 86.04
720 - 739 117 19,159,828.20 2.13 352 36.87 6.555 729 83.63
740 - 759 57 11,036,228.26 1.23 355 38.28 6.266 747 82.29
760 - 779 39 7,350,085.05 0.82 353 30.95 6.383 768 83.17
780 - 799 13 2,680,156.17 0.30 358 33.49 6.139 787 80.45
800 - 819 1 300,961.22 0.03 358 23.00 5.375 803 55.00
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
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Debt-to-Income Ratio
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO- MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME RATIOS (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Less than 20.000 340 $ 50,098,989.29 5.57% 354 15.02 7.029 635 83.99
20.001 - 25.000 336 50,355,307.03 5.59 353 23.20 7.058 622 81.91
25.001 - 30.000 526 81,418,429.72 9.05 355 28.23 7.046 617 83.42
30.001 - 35.000 752 118,555,660.52 13.17 356 33.13 7.065 614 84.17
35.001 - 40.000 933 150,860,425.65 16.76 354 38.07 7.076 618 84.49
40.001 - 45.000 1,121 187,541,575.46 20.84 356 42.99 7.094 611 84.85
45.001 - 50.000 1,344 229,863,780.71 25.54 356 48.13 7.033 605 85.18
50.001 - 55.000 177 31,384,350.45 3.49 355 53.14 7.032 589 66.88
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
-7-
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Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
California 993 $216,590,970.44 24.06% 356 40.16 6.778 613 80.26
Illinois 516 84,075,791.84 9.34 358 39.32 7.515 611 86.33
Florida 559 81,086,484.90 9.01 355 38.33 7.026 617 85.72
New York 274 68,556,237.84 7.62 353 37.81 6.643 630 80.46
Arizona 315 39,607,281.19 4.40 352 36.95 7.022 618 86.83
Texas 262 33,136,643.96 3.68 349 34.43 7.295 614 84.74
Michigan 266 29,971,030.96 3.33 357 37.36 7.540 593 85.03
Ohio 253 27,065,663.83 3.01 354 37.50 7.280 614 88.20
Maryland 144 25,675,685.97 2.85 356 37.41 7.163 598 82.84
Minnesota 145 24,840,719.34 2.76 357 38.16 7.142 606 86.58
Colorado 139 24,575,810.29 2.73 357 38.13 6.842 617 85.98
Nevada 143 24,555,311.67 2.73 356 39.30 7.156 613 86.53
Massachusetts 113 23,913,844.95 2.66 358 40.58 6.855 603 77.30
Washington 120 20,102,001.88 2.23 355 37.99 6.943 610 84.75
Connecticut 99 17,847,933.16 1.98 358 39.19 6.922 609 82.50
Missouri 149 15,282,391.65 1.70 357 38.11 7.634 594 85.91
Pennsylvania 106 13,626,423.20 1.51 349 40.45 7.422 593 84.92
Georgia 79 13,101,378.35 1.46 351 38.74 7.214 623 87.61
Hawaii 44 12,318,284.66 1.37 353 37.72 6.252 653 82.49
Rhode Island 59 10,645,857.75 1.18 357 40.29 6.695 619 77.84
Other 751 93,502,771.00 10.39 356 37.03 7.417 608 87.11
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
-8-
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Occupancy Status
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Owner Occupied 4,822 $807,219,059.61 89.68% 355 39.23 7.022 608 83.57
Non-Owner Occupied 664 85,847,965.02 9.54 357 31.86 7.443 654 85.99
Second Home 43 7,011,494.20 0.78 355 40.13 6.679 654 84.93
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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*Based on mortgagor representation at origination.
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Documentation Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Full Documentation 3,815 $601,331,735.62 66.81% 355 39.62 6.925 605 83.07
Stated Documentation 1,406 248,774,780.06 27.64 357 36.72 7.357 633 85.40
Limited Documentation 308 49,972,003.15 5.55 353 34.52 7.194 611 84.91
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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Loan Purpose
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Refinance-Debt
Consolidation Cash Out** 3,723 $632,687,862.33 70.29% 355 39.14 6.982 605 81.96
Purchase 1,423 212,762,796.51 23.64 358 36.81 7.330 634 89.56
Refinance-Debt Consolidation
No Cash Out*** 383 54,627,859.99 6.07 350 38.23 6.904 618 82.97
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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** 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 $2,000 of the original principal balance of the related loan.
Excludes home equity loans originated in Texas with any cash proceeds.
-9-
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Credit Grade
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PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
I 3,830 $622,615,686.97 69.17% 355 38.24 6.842 626 85.41
II 429 72,426,900.18 8.05 356 39.39 7.067 589 82.32
III 434 67,111,206.90 7.46 355 38.19 7.241 585 82.59
IV 357 53,477,997.75 5.94 358 40.35 7.814 576 82.87
V 181 29,307,117.61 3.26 358 38.73 8.035 556 71.81
VI 78 10,695,542.37 1.19 358 37.96 9.855 552 66.77
A 160 31,816,509.92 3.53 357 38.77 7.225 621 80.83
A- 16 3,412,997.35 0.38 358 40.59 7.843 536 76.97
B 6 1,358,641.62 0.15 359 42.86 7.884 514 62.21
C 10 1,819,214.63 0.20 358 39.94 8.693 550 72.75
C- 28 6,036,703.53 0.67 358 42.50 9.047 541 75.36
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
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Property Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Single Family Detached 4,118 $656,156,563.21 72.90% 355 38.78 7.053 609 83.66
Two-to Four-Family 444 90,094,682.88 10.01 357 36.97 7.117 632 82.44
PUD Detached 467 82,059,574.63 9.12 355 38.24 6.979 618 85.54
Condominium 352 53,130,681.20 5.90 357 38.39 7.205 618 86.53
Manufactured Housing 112 12,301,804.18 1.37 351 38.34 7.114 628 78.44
PUD Attached 31 5,632,968.27 0.63 358 41.35 6.598 642 83.93
Single Family Attached 5 702,244.46 0.08 325 39.29 7.225 624 87.29
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Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
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Prepayment Charge Term
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
TERM AT ORIGINATION MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(MOS.) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
0 1,332 $213,167,819.83 23.68% 356 38.30 7.323 610 84.90
12 296 62,946,134.71 6.99 352 37.82 6.733 639 79.57
24 2,050 324,645,148.62 36.07 358 38.58 7.324 596 85.04
36 1,851 299,319,415.67 33.25 353 38.80 6.654 627 82.60
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
-10-
-----------------------------------------------------------------------------------------------------------------------------
Conforming Balance
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Conforming 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
Total: 5,529 $900,078,518.83 100.00% 355 38.54 7.060 613 83.81
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Maximum Mortgage Rates of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE AS OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 46 $ 8,990,941.58 1.33% 358 39.16 5.351 635 81.00
11.500 - 11.999 248 47,457,262.93 7.02 358 37.92 5.775 627 84.56
12.000 - 12.499 439 79,361,499.61 11.74 358 38.78 6.257 627 85.60
12.500 - 12.999 817 140,810,011.28 20.84 358 38.12 6.742 614 85.77
13.000 - 13.499 815 128,598,032.85 19.03 358 38.11 7.242 602 86.54
13.500 - 13.999 828 125,233,115.12 18.53 358 38.62 7.710 587 85.69
14.000 - 14.499 505 71,823,286.65 10.63 358 38.60 8.206 575 86.35
14.500 - 14.999 316 41,190,049.42 6.09 358 39.05 8.688 566 84.35
15.000 - 15.499 114 15,197,520.95 2.25 358 38.43 9.190 551 81.33
15.500 - 15.999 54 6,733,200.98 1.00 358 41.32 9.727 550 79.04
16.000 - 16.499 22 3,246,874.51 0.48 358 42.44 10.224 548 72.27
16.500 - 16.999 24 3,324,515.06 0.49 358 41.12 10.693 545 69.82
17.000 - 17.499 13 1,620,576.65 0.24 359 41.97 11.211 523 65.46
17.500 - 17.999 12 1,665,932.44 0.25 358 38.44 11.695 534 56.38
18.000 - 18.499 6 563,703.14 0.08 357 32.86 12.261 539 59.84
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
-11-
-----------------------------------------------------------------------------------------------------------------------------
Minimum Mortgage Rates of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE AS OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 46 $ 8,990,941.58 1.33% 358 39.16 5.351 635 81.00
5.500 - 5.999 248 47,457,262.93 7.02 358 37.92 5.775 627 84.56
6.000 - 6.499 439 79,361,499.61 11.74 358 38.78 6.257 627 85.60
6.500 - 6.999 817 140,810,011.28 20.84 358 38.12 6.742 614 85.77
7.000 - 7.499 815 128,598,032.85 19.03 358 38.11 7.242 602 86.54
7.500 - 7.999 828 125,233,115.12 18.53 358 38.62 7.710 587 85.69
8.000 - 8.499 505 71,823,286.65 10.63 358 38.60 8.206 575 86.35
8.500 - 8.999 316 41,190,049.42 6.09 358 39.05 8.688 566 84.35
9.000 - 9.499 114 15,197,520.95 2.25 358 38.43 9.190 551 81.33
9.500 - 9.999 54 6,733,200.98 1.00 358 41.32 9.727 550 79.04
10.000 - 10.499 22 3,246,874.51 0.48 358 42.44 10.224 548 72.27
10.500 - 10.999 24 3,324,515.06 0.49 358 41.12 10.693 545 69.82
11.000 - 11.499 13 1,620,576.65 0.24 359 41.97 11.211 523 65.46
11.500 - 11.999 12 1,665,932.44 0.25 358 38.44 11.695 534 56.38
12.000 - 12.499 6 563,703.14 0.08 357 32.86 12.261 539 59.84
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Gross Margins of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE AS OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 2,371 $349,366,067.00 51.70% 358 38.16 7.328 600 85.50
4.750 - 4.999 6 955,447.32 0.14 359 37.59 7.015 587 74.85
5.000 - 5.249 1 237,097.81 0.04 358 37.00 6.850 625 95.00
5.250 - 5.499 1 116,795.97 0.02 358 50.00 6.700 589 90.00
5.500 - 5.749 161 32,698,771.93 4.84 358 39.60 7.437 598 80.82
5.750 - 5.999 1 161,872.36 0.02 359 35.00 7.200 689 90.00
6.000 - 6.249 2 269,607.33 0.04 358 35.03 6.667 601 93.01
6.250 - 6.499 9 1,434,306.65 0.21 359 37.87 7.569 581 84.28
6.500 - 6.749 1,681 285,872,464.98 42.30 358 38.70 7.201 599 85.76
6.750 - 6.999 2 286,215.41 0.04 358 46.15 8.037 599 70.64
7.000 - 7.249 24 4,417,876.41 0.65 358 40.74 9.862 537 68.22
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
-12-
-----------------------------------------------------------------------------------------------------------------------------
Next Adjustment Date of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
NEXT ADJUSTMENT DATE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
October 2005 15 $ 2,207,253.83 0.33% 354 41.08 7.757 590 78.11
November 2005 31 4,826,511.01 0.71 355 39.17 8.122 583 80.82
December 2005 48 6,623,893.76 0.98 356 40.17 8.313 582 80.77
January 2006 102 17,280,307.06 2.56 357 39.23 7.493 589 83.70
February 2006 1,510 243,595,243.98 36.04 358 38.80 7.331 597 85.91
March 2006 1,372 215,831,841.94 31.94 359 38.08 7.273 597 85.06
April 2006 61 7,560,039.00 1.12 360 37.93 8.016 550 83.52
October 2006 1 126,552.72 0.02 354 42.00 6.900 674 80.00
December 2006 6 847,410.96 0.13 356 27.72 7.585 592 88.13
January 2007 26 4,909,898.55 0.73 357 40.46 6.841 615 84.80
February 2007 559 90,151,573.98 13.34 358 39.09 7.151 609 85.43
March 2007 501 78,782,586.38 11.66 359 37.43 7.177 608 85.00
April 2007 27 3,073,410.00 0.45 360 39.60 7.321 584 82.83
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Initial Periodic Cap of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INITIAL PERIODIC CAP (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
2.000 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Periodic Cap of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE OF
BALANCE OF ADJUSTABLE REMAINING
NUMBER OF ADJUSTABLE RATE RATE LOANS AS TERM TO GROSS
MORTGAGE LOANS AS OF THE OF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
1.000 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
Total: 4,259 $675,816,523.17 100.00% 358 38.48 7.296 599 85.25
-----------------------------------------------------------------------------------------------------------------------------
Group II Mortgage Loan Statistics
The Group II Mortgage Loans consist of 741 adjustable-rate and fixed-rate
Mortgage Loans having an aggregate principal balance as of the Cut-off Date of
approximately $237,795,067.51, after application of scheduled payments due on or
before the Cut-off Date whether or not received and application of all
unscheduled payments of principal received prior to the Cut-off Date. None of
the Group II Mortgage Loans had a first Due Date prior to November 2003 or after
May 2004, or will have a remaining term to stated maturity of less than 177
months or greater than 360 months as of the Cut-off Date. The latest maturity
date of any Group II Mortgage Loans is April 2034.
-13-
-----------------------------------------------------------------------------------------------------------------------------
Collateral Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 268 $112,059,998.19 47.12% 358 39.11 6.914 614 84.24
3-yr Fixed / Adjustable-Rate 73 30,686,009.46 12.90 359 38.08 6.616 621 85.28
Fixed Rate 400 95,049,059.86 39.97 351 39.63 6.456 651 76.95
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
Principal Balances at Origination
----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO GROSS
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
AT ORIGINATION ($) LOANS ORIGINATION ($) ORIGINATION (months) INCOME (%) (%) FICO (%)
----------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 111 $ 8,658,780.00 3.64% 344 38.82 8.105 580 80.67
100,000.01 - 150,000.00 77 9,505,449.00 3.99 349 37.91 7.996 585 85.40
150,000.01 - 200,000.00 30 5,150,485.00 2.16 330 40.21 8.020 572 82.25
200,000.01 - 250,000.00 17 3,743,101.00 1.57 358 36.41 7.990 588 78.36
250,000.01 - 300,000.00 9 2,477,455.00 1.04 359 43.33 7.853 581 84.61
300,000.01 - 350,000.00 69 23,580,785.00 9.90 359 40.29 6.739 618 84.74
350,000.01 - 400,000.00 173 65,015,492.00 27.30 354 39.98 6.459 640 81.20
400,000.01 - 450,000.00 112 47,861,191.00 20.10 358 39.36 6.571 630 81.72
450,000.01 - 500,000.00 116 56,071,909.00 23.54 358 38.53 6.495 639 80.74
500,000.01 - 550,000.00 14 7,433,600.00 3.12 358 36.55 6.075 662 80.93
550,000.01 - 600,000.00 3 1,687,250.00 0.71 358 31.93 5.651 637 83.63
600,000.01 - 650,000.00 4 2,530,000.00 1.06 358 38.51 6.488 681 72.94
700,000.01 - 750,000.00 6 4,441,000.00 1.86 359 37.69 6.392 652 71.98
----------------------------------------------------------------------------------------------------------------------------
Total: 741 $238,156,497.00 100.00% 356 39.18 6.693 630 81.46
----------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-14-
-----------------------------------------------------------------------------------------------------------------------------
Principal Balances as of the Cut-Off Date
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
BALANCES AS OF THE CUT- MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OFF DATE ($) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 111 $ 8,646,644.38 3.64% 344 38.83 8.105 580 80.67
100,000.01 - 150,000.00 77 9,491,607.97 3.99 349 37.91 7.996 585 85.40
150,000.01 - 200,000.00 30 5,141,773.60 2.16 330 40.21 8.020 572 82.25
200,000.01 - 250,000.00 17 3,737,623.30 1.57 358 36.41 7.990 588 78.37
250,000.01 - 300,000.00 9 2,475,106.01 1.04 359 43.33 7.853 581 84.61
300,000.01 - 350,000.00 69 23,550,263.53 9.90 359 40.29 6.739 618 84.74
350,000.01 - 400,000.00 174 65,308,506.99 27.46 354 39.87 6.465 640 81.26
400,000.01 - 450,000.00 111 47,387,096.43 19.93 358 39.51 6.564 631 81.65
450,000.01 - 500,000.00 116 55,989,265.47 23.55 358 38.53 6.495 639 80.74
500,000.01 - 550,000.00 14 7,421,715.85 3.12 358 36.55 6.075 662 80.93
550,000.01 - 600,000.00 3 1,684,287.30 0.71 358 31.93 5.651 637 83.64
600,000.01 - 650,000.00 4 2,525,534.37 1.06 358 38.53 6.488 681 72.95
700,000.01 - 750,000.00 6 4,435,642.31 1.87 359 37.69 6.392 652 71.99
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Remaining Term to Maturity
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
121 - 180 18 $ 2,971,911.55 1.25% 178 38.20 6.783 617 72.65
181 - 240 8 1,145,369.17 0.48 239 38.94 7.075 628 62.10
301 - 360 715 233,677,786.79 98.27 358 39.20 6.690 630 81.67
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-15-
-----------------------------------------------------------------------------------------------------------------------------
Mortgage Rate
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES(%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 67 $ 28,652,564.05 12.05% 359 40.02 5.321 695 73.20
5.500 - 5.999 144 60,305,142.13 25.36 353 39.59 5.740 666 77.99
6.000 - 6.499 53 22,654,119.68 9.53 359 40.45 6.273 639 86.01
6.500 - 6.999 88 37,248,740.52 15.66 358 39.27 6.731 616 84.63
7.000 - 7.499 107 28,776,984.77 12.10 356 37.71 7.257 610 85.12
7.500 - 7.999 132 30,184,783.57 12.69 353 38.97 7.685 587 85.25
8.000 - 8.499 75 15,711,317.50 6.61 353 39.95 8.178 570 83.28
8.500 - 8.999 46 8,216,514.44 3.46 352 36.30 8.750 570 84.87
9.000 - 9.499 14 3,233,443.31 1.36 359 33.38 9.148 560 74.63
9.500 - 9.999 6 1,205,598.94 0.51 359 42.92 9.652 546 77.90
10.000 - 10.499 3 325,398.25 0.14 358 44.58 10.179 544 71.53
10.500 - 10.999 3 925,557.87 0.39 359 27.25 10.800 541 67.80
11.500 - 11.999 2 150,954.69 0.06 359 49.06 11.790 536 51.62
12.500 - 12.999 1 203,947.79 0.09 359 47.00 12.500 550 60.00
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Original Loan-to-Value Ratios
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
25.001 - 30.000 2 $ 828,802.85 0.35% 358 33.78 7.126 652 26.78
30.001 - 35.000 1 399,081.78 0.17 239 35.00 5.500 758 31.50
35.001 - 40.000 1 110,841.21 0.05 358 22.00 7.700 548 36.39
40.001 - 45.000 5 1,447,729.94 0.61 358 40.86 6.676 613 41.75
45.001 - 50.000 5 1,968,989.87 0.83 359 37.77 5.861 670 46.90
50.001 - 55.000 11 3,795,418.95 1.60 334 43.17 5.664 687 53.00
55.001 - 60.000 17 4,774,287.38 2.01 356 41.19 6.655 650 58.74
60.001 - 65.000 28 9,920,719.32 4.17 348 37.44 6.302 614 63.48
65.001 - 70.000 54 18,574,872.40 7.81 358 40.70 6.770 613 68.62
70.001 - 75.000 83 28,847,750.89 12.13 354 41.95 6.470 636 73.84
75.001 - 80.000 118 37,092,984.84 15.60 356 39.15 6.413 637 79.04
80.001 - 85.000 90 28,168,563.67 11.85 357 37.50 6.668 616 84.37
85.001 - 90.000 186 56,476,609.37 23.75 357 37.37 6.932 622 89.48
90.001 - 95.000 140 45,388,415.04 19.09 357 40.15 6.961 639 94.77
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-16-
-----------------------------------------------------------------------------------------------------------------------------
FICO Score at Origination
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
500 - 519 35 $ 8,878,533.43 3.73% 350 39.46 7.913 508 75.13
520 - 539 37 9,844,012.25 4.14 351 40.78 8.026 530 75.26
540 - 559 58 13,736,305.65 5.78 354 38.65 7.653 552 79.74
560 - 579 79 20,830,668.71 8.76 356 39.37 7.554 568 81.76
580 - 599 76 20,647,549.63 8.68 358 39.34 7.105 589 83.05
600 - 619 136 39,759,903.91 16.72 355 37.27 6.758 609 84.01
620 - 639 102 32,880,337.60 13.83 358 40.09 6.637 627 84.98
640 - 659 46 19,187,717.59 8.07 358 41.09 6.243 648 81.99
660 - 679 46 18,954,100.44 7.97 355 39.65 6.247 668 86.39
680 - 699 37 15,520,217.86 6.53 354 38.94 6.049 690 81.19
700 - 719 23 9,485,861.42 3.99 358 39.57 5.759 711 76.33
720 - 739 26 10,592,378.57 4.45 352 37.61 5.737 729 74.73
740 - 759 20 8,518,400.17 3.58 353 38.19 5.651 748 77.02
760 - 779 15 6,396,498.52 2.69 359 39.05 5.656 768 73.76
780 - 799 4 2,113,097.93 0.89 359 43.38 5.660 788 79.10
800 - 819 1 449,483.83 0.19 359 38.00 5.250 801 75.00
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Debt-to-Income Ratio
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RATIOS (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Less than 20.000 46 $ 15,682,587.68 6.6% 356 13.92 7.020 623 81.90
20.001 - 25.000 40 11,810,369.72 4.97 357 22.71 6.671 634 81.62
25.001 - 30.000 41 12,083,280.71 5.08 357 27.67 6.706 633 79.83
30.001 - 35.000 96 30,337,807.04 12.76 354 33.10 6.719 629 81.26
35.001 - 40.000 132 41,318,764.95 17.38 353 37.96 6.686 641 80.68
40.001 - 45.000 142 45,429,019.20 19.10 355 43.10 6.771 620 83.48
45.001 - 50.000 206 68,992,130.34 29.01 357 48.15 6.586 630 83.44
50.001 - 55.000 38 12,141,107.87 5.11 357 53.02 6.553 629 66.73
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-17-
-----------------------------------------------------------------------------------------------------------------------------
Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
California 308 $126,913,362.45 53.37% 357 40.40 6.251 649 81.08
New York 61 21,467,681.94 9.03 357 39.09 6.618 624 80.49
Florida 50 12,221,441.34 5.14 353 37.03 7.364 603 83.71
Illinois 32 10,482,100.52 4.41 356 36.62 7.501 602 81.36
Texas 31 5,454,214.82 2.29 340 33.65 7.723 586 80.45
Massachusetts 14 5,355,645.58 2.25 359 41.62 6.452 614 75.15
Ohio 43 4,723,527.02 1.99 350 38.19 7.556 594 84.36
Maryland 14 4,575,146.53 1.92 346 41.13 7.273 591 76.36
New Jersey 12 4,142,905.73 1.74 358 37.23 7.565 634 87.76
Washington 11 4,015,293.12 1.69 358 32.11 7.570 579 83.99
Minnesota 11 3,941,062.48 1.66 359 40.37 7.220 601 85.35
Connecticut 12 3,613,401.29 1.52 346 37.59 6.975 622 72.89
Colorado 8 3,303,769.05 1.39 358 40.84 6.240 630 74.54
Georgia 14 2,696,735.53 1.13 351 33.30 8.028 582 85.04
Michigan 10 2,515,719.64 1.06 353 30.34 7.296 583 78.68
Nevada 7 2,410,036.64 1.01 358 40.58 6.872 630 87.14
Pennsylvania 11 2,168,018.57 0.91 358 38.73 8.036 590 79.13
Arizona 8 1,667,683.14 0.70 352 44.44 7.206 623 91.93
Tennessee 11 1,580,139.09 0.66 358 40.74 7.866 594 88.00
Wisconsin 11 1,315,167.50 0.55 339 36.75 7.893 596 82.11
Other 62 13,232,015.53 5.56 356 37.15 7.335 612 85.53
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-18-
-----------------------------------------------------------------------------------------------------------------------------
Occupancy Status
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Owner Occupied 676 $222,634,790.27 93.62% 356 39.74 6.654 628 81.20
Non-Owner Occupied 60 12,973,997.99 5.46 356 28.98 7.422 650 86.02
Second Home 5 2,186,279.25 0.92 358 42.48 6.289 651 81.46
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------
Documentation Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Full Documentation 500 $153,815,819.51 64.68% 355 38.94 6.468 634 80.04
Stated Documentation 198 68,726,368.00 28.90 358 40.16 7.108 627 83.95
Limited Documentation 43 15,252,880.00 6.41 352 37.23 7.095 598 84.63
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Loan Purpose
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Refinance-Debt
Consolidation Cash Out** 519 $170,366,334.70 71.64% 355 39.64 6.658 622 80.16
Purchase 168 50,922,056.07 21.41 357 38.26 6.846 650 86.31
Refinance-Debt Consolidation
No Cash Out*** 54 16,506,676.74 6.94 355 37.33 6.575 647 79.96
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
** 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 $2,000 of the original principal balance of the related loan.
Excludes home equity loans originated in Texas with any cash proceeds.
-19-
-----------------------------------------------------------------------------------------------------------------------------
Credit Grade
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
I 511 $163,889,928.39 68.92% 356 39.25 6.467 643 82.18
II 76 25,264,729.46 10.62 357 37.08 6.817 607 82.47
III 50 14,684,097.07 6.18 357 40.17 6.998 597 80.12
IV 27 7,082,304.19 2.98 341 39.58 7.508 581 77.92
V 31 9,930,751.47 4.18 359 38.51 7.880 556 70.37
VI 8 2,040,040.32 0.86 359 36.56 10.352 550 59.48
A 31 12,029,059.41 5.06 353 42.88 6.910 642 85.98
C 1 471,992.55 0.20 358 53.00 9.100 568 70.00
C- 6 2,402,164.65 1.01 358 33.28 6.943 602 84.88
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
-----------------------------------------------------------------------------------------------------------------------------
Property Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Single Family Detached 584 $188,374,284.86 79.22% 356 39.74 6.653 629 81.24
PUD Detached 78 29,715,680.56 12.50 356 37.61 6.543 635 82.23
Condominium 32 9,516,033.16 4.00 349 37.24 7.143 630 84.24
Two-to Four-Family 33 8,077,212.64 3.40 356 35.92 7.359 625 80.57
Manufactured Housing 10 854,672.94 0.36 359 32.16 8.093 575 78.42
PUD Attached 2 719,085.85 0.30 359 30.46 7.494 649 88.35
Single Family Attached 2 538,097.50 0.23 359 36.63 7.470 599 74.48
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Prepayment Charge Term
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
PREPAYMENT CHARGE MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
TERM AT ORIGINATION (MOS.) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
0 189 $ 52,484,246.45 22.07% 356 38.57 7.173 618 83.08
12 55 18,510,866.09 7.78 356 40.68 6.884 629 81.95
24 183 71,975,072.27 30.27 358 38.48 6.906 606 84.45
36 314 94,824,882.70 39.88 353 39.76 6.228 654 78.20
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
-20-
-----------------------------------------------------------------------------------------------------------------------------
Conforming Balance
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Conforming 251 $ 31,801,721.39 13.37% 347 38.51 7.998 583 82.83
Non-Conforming 490 205,993,346.12 86.63 357 39.29 6.491 637 81.25
-----------------------------------------------------------------------------------------------------------------------------
Total: 741 $237,795,067.51 100.00% 356 39.18 6.693 630 81.46
-----------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
Maximum Mortgage Rates of the Adjustable-Rate Loans
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 15 $ 6,510,172.32 4.56% 359 41.81 5.371 641 81.64
11.500 - 11.999 54 22,560,971.94 15.80 358 37.71 5.795 643 83.32
12.000 - 12.499 53 22,654,119.68 15.87 359 40.45 6.273 639 86.01
12.500 - 12.999 88 37,248,740.52 26.09 358 39.27 6.731 616 84.63
13.000 - 13.499 49 20,041,342.39 14.04 358 37.94 7.235 616 86.45
13.500 - 13.999 42 17,339,526.65 12.15 358 38.47 7.676 593 87.43
14.000 - 14.499 22 8,923,228.91 6.25 358 41.15 8.153 556 81.96
14.500 - 14.999 9 3,750,522.54 2.63 359 34.91 8.757 569 83.16
15.000 - 15.499 5 2,057,389.95 1.44 359 31.42 9.084 549 66.40
15.500 - 15.999 2 862,041.63 0.60 359 44.21 9.649 527 72.57
16.500 - 16.999 2 797,951.12 0.56 359 25.69 10.775 531 67.46
------------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
------------------------------------------------------------------------------------------------------------------------------
-21-
-----------------------------------------------------------------------------------------------------------------------------
Minimum Mortgage Rates of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 15 $ 6,510,172.32 4.56% 359 41.81 5.371 641 81.64
5.500 - 5.999 54 22,560,971.94 15.80 358 37.71 5.795 643 83.32
6.000 - 6.499 53 22,654,119.68 15.87 359 40.45 6.273 639 86.01
6.500 - 6.999 88 37,248,740.52 26.09 358 39.27 6.731 616 84.63
7.000 - 7.499 49 20,041,342.39 14.04 358 37.94 7.235 616 86.45
7.500 - 7.999 42 17,339,526.65 12.15 358 38.47 7.676 593 87.43
8.000 - 8.499 22 8,923,228.91 6.25 358 41.15 8.153 556 81.96
8.500 - 8.999 9 3,750,522.54 2.63 359 34.91 8.757 569 83.16
9.000 - 9.499 5 2,057,389.95 1.44 359 31.42 9.084 549 66.40
9.500 - 9.999 2 862,041.63 0.60 359 44.21 9.649 527 72.57
10.500 - 10.999 2 797,951.12 0.56 359 25.69 10.775 531 67.46
-----------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Gross Margins of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
MARGINS (%) LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 113 $ 46,892,776.88 32.85% 358 37.09 6.941 611 82.00
4.750 - 4.999 1 543,267.89 0.38 357 27.00 7.450 629 89.56
5.500 - 5.749 28 11,905,599.40 8.34 358 42.62 6.978 635 88.63
6.500 - 6.749 198 82,932,370.93 58.10 358 39.37 6.764 615 85.31
7.000 - 7.249 1 471,992.55 0.33 358 53.00 9.100 568 70.00
-----------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
-22-
-----------------------------------------------------------------------------------------------------------------------------
Next Adjustment Date of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
NEXT ADJUSTMENT MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
DATE LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
October 2005 3 $ 1,305,330.01 0.91% 354 44.22 6.980 618 76.40
November 2005 1 607,292.29 0.43 355 15.00 6.650 692 58.10
December 2005 2 843,538.58 0.59 356 42.46 7.662 563 81.38
January 2006 12 5,005,109.44 3.51 357 35.35 7.087 610 87.11
February 2006 131 53,982,848.53 37.82 358 39.91 6.780 619 85.49
March 2006 115 48,901,667.34 34.26 359 38.49 7.033 609 82.98
April 2006 4 1,414,212.00 0.99 360 47.09 6.916 586 90.15
January 2007 4 1,623,234.30 1.14 357 41.28 6.356 607 85.54
February 2007 25 10,787,650.09 7.56 358 37.93 6.472 626 83.31
March 2007 40 17,104,145.07 11.98 359 38.06 6.761 618 87.26
April 2007 4 1,170,980.00 0.82 360 35.34 6.206 638 74.18
-----------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Initial Periodic Cap of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
CAP (%) LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
2.000 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Periodic Cap of the Adjustable-Rate Loans
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO GROSS
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- COUPON OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE ($) CUT-OFF DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
1.000 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
Total: 341 $142,746,007.65 100.00% 358 38.89 6.850 615 84.46
-----------------------------------------------------------------------------------------------------------------------------
Group III Mortgage Loan Statistics
The Group III Mortgage Loans consist of 902 fixed-rate Mortgage Loans
having an aggregate principal balance as of the Cut-off Date of approximately
$162,121,521.43, after application of scheduled payments due on or before the
Cut-off Date whether or not received and application of all unscheduled payments
of principal received prior to the Cut-off Date. None of the Group III Mortgage
Loans had a first Due Date prior to November 2003 or after May 2004, or will
have a remaining term to stated maturity of less than 174 months or greater than
360 months as of the Cut-off Date. The latest maturity date of any Group III
Mortgage Loans is April 2034.
-23-
-----------------------------------------------------------------------------------------------------------------------------
Collateral Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Fixed Rate 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
Principal Balances at Origination
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO GROSS
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
AT ORIGINATION ($) LOANS ORIGINATION ($) ORIGINATION (months) INCOME (%)* (%)* FICO* (%)*
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 268 $ 21,013,695.00 12.94% 340 38.40 7.728 588 81.59
100,000.01 - 150,000.00 240 29,660,199.00 18.26 342 39.17 7.509 588 81.45
150,000.01 - 200,000.00 112 19,256,304.00 11.86 348 39.43 7.419 587 82.00
200,000.01 - 250,000.00 75 16,571,183.00 10.20 347 40.23 7.194 590 80.62
250,000.01 - 300,000.00 53 14,317,179.00 8.82 345 41.64 7.339 594 82.36
300,000.01 - 350,000.00 41 13,484,350.00 8.30 354 38.07 6.789 617 84.93
350,000.01 - 400,000.00 48 17,975,079.00 11.07 356 39.75 6.558 629 83.29
400,000.01 - 450,000.00 34 14,524,402.00 8.94 353 38.78 6.641 649 84.24
450,000.01 - 500,000.00 25 12,241,609.00 7.54 358 35.74 6.717 624 81.00
500,000.01 - 550,000.00 3 1,608,000.00 0.99 358 28.29 6.443 707 73.22
550,000.01 - 600,000.00 3 1,740,000.00 1.07 359 38.26 6.247 653 76.24
------------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,392,000.00 100.00% 348 38.99 7.153 606 82.10
------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-24-
-----------------------------------------------------------------------------------------------------------------------------
Principal Balances as of the Cut-Off Date
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
BALANCES AS OF THE CUT- MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OFF DATE ($) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 268 $ 20,975,764.54 12.94% 340 38.40 7.728 588 81.60
100,000.01 - 150,000.00 240 29,609,320.61 18.26 342 39.17 7.509 588 81.46
150,000.01 - 200,000.00 112 19,225,432.66 11.86 348 39.42 7.419 587 82.00
200,000.01 - 250,000.00 75 16,543,057.42 10.20 347 40.23 7.195 590 80.62
250,000.01 - 300,000.00 53 14,294,047.89 8.82 345 41.64 7.339 594 82.36
300,000.01 - 350,000.00 41 13,461,761.30 8.30 354 38.07 6.789 617 84.93
350,000.01 - 400,000.00 48 17,944,535.66 11.07 356 39.75 6.558 629 83.29
400,000.01 - 450,000.00 34 14,501,569.15 8.94 353 38.78 6.641 649 84.24
450,000.01 - 500,000.00 25 12,224,144.32 7.54 358 35.74 6.718 624 81.00
500,000.01 - 550,000.00 3 1,603,540.35 0.99 358 28.31 6.443 707 73.23
550,000.01 - 600,000.00 3 1,738,347.53 1.07 359 38.26 6.247 653 76.24
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Remaining Term to Maturity
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF MONTHS MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
REMAINING LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
121 - 180 49 $ 6,587,258.82 4.06% 178 40.70 7.245 596 77.71
181 - 240 28 3,758,837.35 2.32 238 39.47 7.049 595 76.30
301 - 360 825 151,775,425.26 93.62 358 38.90 7.152 606 82.44
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-25-
-----------------------------------------------------------------------------------------------------------------------------
Mortgage Rate
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RATES (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 5 $ 1,962,884.53 1.21% 358 32.81 5.901 668 85.25
6.000 - 6.499 59 24,285,786.01 14.98 354 38.76 6.241 652 79.83
6.500 - 6.999 285 57,726,340.92 35.61 348 38.96 6.760 609 81.59
7.000 - 7.499 198 30,893,457.49 19.06 342 38.24 7.190 594 80.84
7.500 - 7.999 158 23,562,813.30 14.53 349 39.60 7.702 589 85.03
8.000 - 8.499 99 13,107,187.09 8.08 349 40.81 8.202 583 85.09
8.500 - 8.999 64 6,783,323.38 4.18 350 39.39 8.693 570 85.29
9.000 - 9.499 19 2,243,671.94 1.38 358 38.28 9.167 566 79.90
9.500 - 9.999 10 1,058,159.45 0.65 359 38.31 9.629 563 82.47
10.000 - 10.499 2 237,117.29 0.15 359 40.26 10.189 567 70.02
10.500 - 10.999 1 73,358.20 0.05 174 44.00 10.600 582 80.00
11.000 - 11.499 1 71,452.54 0.04 358 51.00 11.350 514 65.00
12.000 - 12.499 1 115,969.29 0.07 359 55.00 12.350 520 51.56
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Original Loan-to-Value Ratios
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
25.001 - 30.000 2 $ 129,295.86 0.08% 211 45.59 6.859 594 27.32
30.001 - 35.000 1 116,775.40 0.07 239 34.00 7.000 613 34.93
35.001 - 40.000 5 506,419.79 0.31 359 33.31 6.966 581 37.34
40.001 - 45.000 7 1,156,261.41 0.71 358 44.60 6.817 602 43.13
45.001 - 50.000 8 890,981.85 0.55 287 35.52 7.153 591 48.57
50.001 - 55.000 8 1,204,603.64 0.74 347 43.49 7.400 560 52.88
55.001 - 60.000 23 3,470,583.02 2.14 345 41.73 7.117 575 58.07
60.001 - 65.000 34 5,915,418.60 3.65 337 38.97 7.055 594 63.75
65.001 - 70.000 57 10,648,197.00 6.57 353 37.01 7.002 587 68.59
70.001 - 75.000 92 17,384,160.58 10.72 343 39.62 7.170 590 73.84
75.001 - 80.000 155 28,007,828.88 17.28 343 37.35 7.074 603 79.31
80.001 - 85.000 123 24,337,796.42 15.01 351 39.12 7.074 608 84.37
85.001 - 90.000 236 40,256,581.39 24.83 351 39.59 7.251 609 89.45
90.001 - 95.000 151 28,096,617.59 17.33 354 39.45 7.241 628 94.65
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-26-
-----------------------------------------------------------------------------------------------------------------------------
FICO Score at Origination
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
500 - 519 20 $ 3,285,844.95 2.03% 358 47.48 8.096 511 73.41
520 - 539 62 9,856,302.79 6.08 356 41.69 7.659 531 75.76
540 - 559 112 16,274,202.39 10.04 340 38.99 7.503 551 77.82
560 - 579 109 16,589,699.23 10.23 347 37.82 7.450 569 77.81
580 - 599 164 25,674,298.15 15.84 348 38.85 7.286 590 81.56
600 - 619 186 31,560,783.02 19.47 343 39.32 7.100 610 84.58
620 - 639 180 32,355,929.07 19.96 348 38.14 7.047 629 85.45
640 - 659 18 7,465,892.01 4.61 352 33.62 6.605 648 86.23
660 - 679 13 4,958,781.96 3.06 359 42.22 6.332 668 82.28
680 - 699 22 7,427,927.77 4.58 359 39.67 6.540 691 86.06
700 - 719 7 2,902,769.33 1.79 359 36.74 6.590 711 84.75
720 - 739 4 1,572,675.96 0.97 358 41.27 6.526 728 84.65
740 - 759 5 2,196,414.80 1.35 358 42.25 6.382 749 75.97
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Debt-to-Income Ratio
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RATIOS(%) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Less than 20.000 41 $ 8,498,720.61 5.24% 351 15.05 7.031 604 80.99
20.001 - 25.000 51 7,932,132.16 4.89 350 23.18 7.228 599 81.25
25.001 - 30.000 76 12,615,126.25 7.78 347 28.37 7.121 607 79.39
30.001 - 35.000 133 23,293,095.14 14.37 349 33.23 7.082 615 81.43
35.001 - 40.000 142 26,889,311.72 16.59 349 37.90 7.156 610 82.62
40.001 - 45.000 178 33,525,777.27 20.68 347 43.36 7.113 607 83.48
45.001 - 50.000 231 41,476,769.66 25.58 348 47.88 7.225 602 84.71
50.001 - 55.000 50 7,890,588.62 4.87 344 52.97 7.255 583 69.17
-----------------------------------------------------------------------------------------------------------------------------
Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-27-
-----------------------------------------------------------------------------------------------------------------------------
Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
California 134 $ 37,997,246.28 23.44% 354 40.81 6.739 618 81.01
New York 85 25,113,566.32 15.49 350 40.74 6.982 621 78.85
Florida 152 23,030,204.58 14.21 346 38.13 7.358 598 84.51
Texas 68 9,831,919.11 6.06 334 37.56 7.456 595 82.52
Ohio 100 9,643,925.81 5.95 348 38.22 7.504 584 86.42
Maryland 32 5,875,932.29 3.62 357 36.22 7.171 598 80.27
Illinois 31 4,676,175.13 2.88 338 39.08 7.829 593 85.49
Pennsylvania 27 4,002,010.16 2.47 345 34.03 7.056 593 83.03
Connecticut 16 3,787,088.18 2.34 358 39.32 7.160 609 79.46
Massachusetts 14 3,574,159.47 2.20 342 35.21 6.967 609 77.93
Colorado 10 3,125,262.82 1.93 358 38.25 6.894 599 87.71
Arizona 21 2,468,485.04 1.52 336 35.80 7.330 603 81.97
Utah 11 2,449,547.74 1.51 358 36.65 7.046 617 84.13
Georgia 14 2,431,229.70 1.50 358 36.22 7.371 615 82.92
Tennessee 18 2,288,544.07 1.41 329 35.95 7.321 604 87.53
Minnesota 13 2,095,630.68 1.29 351 39.01 7.491 597 80.51
Rhode Island 10 2,005,200.56 1.24 358 36.25 6.992 573 74.20
Washington 10 1,691,762.67 1.04 340 39.01 7.218 598 81.71
New Jersey 7 1,672,282.36 1.03 356 45.37 7.219 588 83.30
Michigan 16 1,557,936.51 0.96 358 39.29 7.599 583 79.78
Other 113 12,803,411.95 7.90 340 38.95 7.553 597 83.89
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
-----------------------------------------------------------------------------------------------------------------------------
-28-
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Occupancy Status
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PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
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Owner Occupied 822 $152,143,979.51 93.85% 348 39.19 7.113 605 82.05
Non-Owner Occupied 68 7,002,511.23 4.32 354 35.84 8.056 606 82.36
Second Home 12 2,975,030.69 1.84 355 35.95 7.084 633 84.13
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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*Based on mortgagor representation at origination.
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Documentation Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Full Documentation 663 $111,998,411.51 69.08% 348 39.61 7.139 598 82.28
Stated Documentation 190 39,941,113.22 24.64 348 38.54 7.188 625 81.51
Limited Documentation 49 10,181,996.70 6.28 349 33.85 7.174 612 82.41
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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-----------------------------------------------------------------------------------------------------------------------------
Loan Purpose
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Refinance-Debt Consolidation
Cash Out** 682 $126,120,630.80 77.79% 347 39.45 7.104 602 80.95
Purchase 159 23,673,249.01 14.60 357 37.98 7.612 618 88.73
Refinance-Debt Consolidation
No Cash Out*** 61 12,327,641.62 7.60 348 36.14 6.779 623 81.13
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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** 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 $2,000 of the original principal balance of the related loan.
Excludes home equity loans originated in Texas with any cash proceeds.
-29-
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Credit Grade
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
I 669 $120,376,734.24 74.25% 349 38.67 7.091 612 83.26
II 57 11,001,688.06 6.79 354 39.92 7.056 600 81.93
III 84 14,183,156.07 8.75 347 38.40 7.209 589 81.53
IV 47 8,812,010.64 5.44 337 41.46 7.376 584 75.62
V 24 3,955,416.77 2.44 349 39.12 8.158 554 69.66
VI 3 298,517.16 0.18 359 46.97 11.050 546 59.78
A 11 2,572,492.11 1.59 330 40.48 6.905 620 78.17
A- 1 99,916.39 0.06 359 51.00 6.900 535 57.14
B 3 299,713.02 0.18 358 47.00 8.442 527 78.40
C 1 215,763.14 0.13 358 45.00 9.000 566 80.00
C- 2 306,113.83 0.19 359 48.16 8.728 594 75.70
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
-----------------------------------------------------------------------------------------------------------------------------
Property Type
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Single Family Detached 701 $126,274,587.06 77.89% 347 39.28 7.107 605 81.83
PUD Detached 76 16,262,403.09 10.03 355 39.00 7.176 611 84.02
Two-to-Four Family 67 12,382,873.47 7.64 355 37.97 7.444 609 81.42
Condominium 28 4,513,973.69 2.78 349 33.65 7.397 615 86.58
Manufactured Housing 25 2,183,318.24 1.35 331 36.91 7.326 603 79.12
PUD Attached 3 301,693.00 0.19 309 46.14 7.758 550 78.12
Single Family Attached 2 202,672.88 0.13 359 45.83 7.963 586 78.57
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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Prepayment Charge Term
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
0 248 $ 33,549,725.75 20.69% 347 38.80 7.443 592 82.93
12 91 25,703,391.33 15.85 349 40.19 6.975 618 77.74
24 31 4,479,120.39 2.76 343 38.11 7.689 590 82.65
36 532 98,389,283.96 60.69 349 38.78 7.076 608 82.93
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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Conforming Balance
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE AS OF TERM TO GROSS
MORTGAGE AS OF THE THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE ($) DATE (months) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------
Conforming 773 $108,787,952.17 67.10% 344 39.52 7.437 589 81.88
Non-Conforming 129 53,333,569.26 32.90 356 37.89 6.573 640 82.56
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Total: 902 $162,121,521.43 100.00% 348 38.99 7.153 606 82.10
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