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 June 4, 2004 (the
"Mortgage Loan Purchase Agreement"), between the Seller and the Depositor.
Pursuant to the Pooling and Servicing Agreement, dated as of June 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 will have
original terms to maturity of not greater than 30 years from the date on which
the first payment was due on each Mortgage Loan.
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 93.30% of the Mortgage Loans were originated by
Ameriquest and approximately 6.70% of the Mortgage Loans were originated by the
Seller's affiliate Town & Country Credit Corporation (together with Ameriquest,
the "Originators"), in each case, by aggregate scheduled principal balance of
the Mortgage Loans as of the Cut-off Date.
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"). The
first adjustment will occur after an initial period of two 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 two loan groups,
designated as the "Group I Mortgage Loans" and the "Group II 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 and the Group II Mortgage Loans will consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that may or may not conform to Freddie Mac or Xxxxxx Xxx loan
limits.
Approximately 70.60% of the Group I Mortgage Loans and approximately
68.33% of the Group II Mortgage Loans, in each case by aggregate scheduled
principal balances of the related Loan Group as of the Cut-off Date, provide for
payment by the mortgagor of a prepayment charge on certain principal
prepayments, subject to certain limitations in the related mortgage note and
limitations upon collection in the Pooling and Servicing Agreement. Generally,
each such Mortgage Loan will provide 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.
TOTAL POOL MORTGAGE LOAN STATISTICS
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING DEBT-
NUMBER OF AS OF BALANCE AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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2 Yr Fixed/Adjustable 4,439 $ 719,999,768.54 80.00% 356 39.76 7.459 595 78.12
Rate
Fixed Rate 1,164 179,999,893.06 20.00 337 37.82 7.025 657 76.98
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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PRINCIPAL BALANCES AT ORIGINATION
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RANGE OF PRINCIPAL REMAINING DEBT-
PRINCIPAL NUMBER OF BALANCE % OF PRINCIPAL TERM TO TO- MORTGAGE
BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
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50,000.01 - 100,000.00 1,730 $ 135,198,918.00 15.01% 342 37.58 8.361 591 74.83
100,000.01 - 150,000.00 1,507 185,631,102.00 20.60 349 39.30 7.635 597 77.78
150,000.01 - 200,000.00 993 173,611,554.00 19.27 353 39.69 7.259 605 77.85
200,000.01 - 250,000.00 559 124,858,487.00 13.86 355 39.87 7.055 613 78.41
250,000.01 - 300,000.00 341 93,870,683.00 10.42 356 39.71 7.024 610 77.98
300,000.01 - 350,000.00 184 59,737,757.00 6.63 357 40.23 6.848 620 79.75
350,000.01 - 400,000.00 121 45,164,479.00 5.01 359 40.95 7.091 613 80.12
400,000.01 - 450,000.00 55 23,397,996.00 2.60 355 41.22 6.994 621 81.17
450,000.01 - 500,000.00 47 22,394,622.00 2.49 359 38.07 6.733 642 81.26
500,000.01 - 550,000.00 28 14,776,624.00 1.64 359 41.63 6.854 627 77.61
550,000.01 - 600,000.00 38 22,314,171.00 2.48 359 36.52 6.672 646 78.31
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TOTAL 5,603 $ 900,956,393.00 100.00% 352 39.37 7.372 607 77.89
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* Based on the original balances of the Mortgage Loans.
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PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
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PRINCIPAL
RANGE OF BALANCE % OF PRINCIPAL REMAINING DEBT-
PRINCIPAL NUMBER OF AS OF BALANCE AS OF TERM TO TO- MORTGAGE
BALANCES AS OF THE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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50,000.01 - 100,000.00 1,732 $ 135,232,291.90 15.03% 342 37.58 8.360 591 74.81
100,000.01 - 150,000.00 1,506 185,385,380.72 20.60 349 39.29 7.635 597 77.80
150,000.01 - 200,000.00 992 173,268,255.27 19.25 353 39.70 7.258 605 77.85
200,000.01 - 250,000.00 560 124,974,745.96 13.89 355 39.85 7.055 613 78.40
250,000.01 - 300,000.00 340 93,531,642.46 10.39 356 39.74 7.025 610 77.99
300,000.01 - 350,000.00 184 59,679,707.36 6.63 357 40.23 6.849 620 79.75
350,000.01 - 400,000.00 121 45,120,266.75 5.01 359 40.95 7.092 613 80.12
400,000.01 - 450,000.00 55 23,377,957.50 2.60 355 41.21 6.994 621 81.17
450,000.01 - 500,000.00 47 22,371,163.40 2.49 359 38.07 6.733 642 81.26
500,000.01 - 550,000.00 28 14,764,338.77 1.64 359 41.63 6.854 627 77.61
550,000.01 - 600,000.00 38 22,293,911.51 2.48 359 36.52 6.672 646 78.31
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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REMAINING TERM TO MATURITY
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PRINCIPAL
BALANCE % OF PRINCIPAL REMAINING
NUMBER OF AS OF BALANCE AS OF TERM TO DEBT-TO- MORTGAGE
RANGE OF MONTHS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
REMAINING LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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61 - 120 22 $ 1,967,953.59 0.22% 119 35.11 7.738 626 67.97
121 - 180 154 16,816,140.26 1.87 179 35.68 7.153 641 72.18
181 - 240 160 18,553,832.26 2.06 239 37.99 7.210 632 76.27
241 - 300 34 4,000,541.21 0.44 299 36.68 6.980 669 77.70
301 - 360 5,233 858,661,194.28 95.41 359 39.50 7.381 605 78.06
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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MORTGAGE RATE
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PRINCIPAL
RANGE OF BALANCE % OF PRINCIPAL REMAINING
CURRENT NUMBER OF AS OF BALANCE AS OF TERM TO DEBT-TO- MORTGAGE
MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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5.000 - 5.499 61 $ 14,081,657.33 1.56% 353 37.37 5.343 694 75.98
5.500 - 5.999 554 120,631,630.35 13.40 353 38.12 5.816 672 76.80
6.000 - 6.499 576 114,044,872.31 12.67 350 38.87 6.243 646 77.19
6.500 - 6.999 1,020 184,192,541.51 20.47 351 38.69 6.761 619 79.63
7.000 - 7.499 495 81,462,013.70 9.05 352 39.46 7.252 590 77.27
7.500 - 7.999 1,047 158,516,578.11 17.61 354 40.04 7.760 580 77.72
8.000 - 8.499 343 48,479,500.86 5.39 354 39.46 8.258 571 77.94
8.500 - 8.999 654 86,468,730.92 9.61 353 40.56 8.752 568 77.72
9.000 - 9.499 186 22,330,674.91 2.48 350 39.29 9.261 556 78.16
9.500 - 9.999 340 37,372,508.38 4.15 353 41.25 9.747 556 78.19
10.000 - 10.499 93 9,647,312.40 1.07 349 41.24 10.235 552 78.23
10.500 - 10.999 132 13,694,638.98 1.52 355 41.52 10.715 552 77.90
11.000 - 11.499 25 2,312,949.22 0.26 355 43.45 11.305 542 74.03
11.500 - 11.999 60 5,133,620.78 0.57 355 41.81 11.728 548 77.55
12.000 - 12.499 12 1,223,511.69 0.14 352 44.24 12.275 555 77.02
12.500 - 12.999 5 406,920.15 0.05 356 34.40 12.598 543 81.08
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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ORIGINAL LOAN-TO-VALUE RATIOS
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% OF
RANGE OF PRINCIPAL PRINCIPAL
ORIGINAL BALANCE BALANCE REMAINING
LOAN- NUMBER OF AS OF AS OF TERM TO DEBT-TO- MORTGAGE
TO-VALUE MORTGAGE THE CUT-OFF THE CUT- MATURITY INCOME RATES OLTV
RATIOS (%) LOANS DATE OFF DATE (MONTHS) (%) (%) FICO (%)
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Less than or equal 19 $ 1,679,248.59 0.19% 347 37.85 7.958 601 21.05
to 25.00
25.01 - 30.00 10 958,016.78 0.11 359 35.00 6.998 632 28.11
30.01 - 35.00 21 2,492,826.60 0.28 343 37.24 7.138 629 33.44
35.01 - 40.00 42 5,044,680.93 0.56 336 38.35 7.342 591 37.72
40.01 - 45.00 40 6,014,715.88 0.67 331 38.81 6.950 638 43.30
45.01 - 50.00 93 14,012,238.42 1.56 349 35.30 7.097 607 47.74
50.01 - 55.00 117 16,877,561.79 1.88 352 37.83 7.169 611 52.89
55.01 - 60.00 260 37,106,341.61 4.12 350 37.51 7.479 582 58.02
60.01 - 65.00 269 40,374,060.40 4.49 348 38.03 7.272 601 63.09
65.01 - 70.00 383 59,323,346.91 6.59 348 37.91 7.239 600 67.86
70.01 - 75.00 972 139,713,638.85 15.52 354 40.15 7.806 576 73.71
75.01 - 80.00 897 153,151,517.59 17.02 350 38.96 7.111 618 78.71
80.01 - 85.00 1,010 170,164,447.43 18.91 354 39.92 7.534 603 83.78
85.01 - 90.00 1,395 239,559,693.81 26.62 355 40.00 7.272 623 89.09
90.01 - 95.00 75 13,527,326.01 1.50 352 41.31 6.928 682 93.77
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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FICO SCORE AT ORIGINATION
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% OF
PRINCIPAL PRINCIPAL
BALANCE BALANCE REMAINING
NUMBER OF AS OF AS OF TERM TO DEBT-TO- MORTGAGE
RANGE OF FICO MORTGAGE THE CUT-OFF THE CUT- MATURITY INCOME RATES OLTV
SCORES LOANS DATE OFF DATE (MONTHS) (%) (%) FICO (%)
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500 - 519 324 $ 41,019,924.22 4.56% 358 42.75 8.625 510 68.30
520 - 539 624 88,406,381.44 9.82 354 41.53 8.647 529 74.35
540 - 559 728 107,120,964.45 11.90 355 39.92 8.135 551 76.48
560 - 579 730 115,247,701.59 12.81 355 39.25 7.682 569 78.93
580 - 599 593 91,079,009.40 10.12 355 39.34 7.694 589 78.52
600 - 619 502 81,552,791.71 9.06 355 39.82 7.281 609 78.99
620 - 639 596 99,253,698.08 11.03 352 38.07 6.931 629 80.68
640 - 659 521 94,402,649.21 10.49 348 38.76 6.615 649 81.21
660 - 679 346 63,447,238.88 7.05 348 38.73 6.496 669 78.60
680 - 699 272 49,698,611.11 5.52 348 37.64 6.409 689 78.25
700 - 719 157 30,664,349.69 3.41 345 38.69 6.188 709 77.18
720 - 739 86 15,037,754.44 1.67 344 37.74 6.217 729 78.85
740 - 759 62 12,791,883.00 1.42 347 37.54 5.994 749 76.64
760 - 779 34 6,125,961.29 0.68 341 37.56 6.002 770 75.69
780 - 799 20 3,196,531.05 0.36 338 37.92 6.367 788 72.92
800 - 819 8 954,212.04 0.11 359 30.05 5.824 805 69.51
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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DEBT-TO-INCOME RATIO
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PRINCIPAL
BALANCE % OF PRINCIPAL REMAINING DEBT-
RANGE OF DEBT- NUMBER OF AS OF BALANCE AS OF TERM TO TO- MORTGAGE
TO-INCOME MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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Less than 20.00 317 $ 44,886,500.13 4.99% 346 14.48 7.299 613 76.03
20.01 - 25.00 348 52,003,563.71 5.78 351 23.33 7.355 611 75.00
25.01 - 30.00 530 77,528,025.86 8.61 349 27.97 7.249 614 75.42
30.01 - 35.00 672 105,315,042.83 11.70 351 33.02 7.228 614 77.32
35.01 - 40.00 841 137,207,546.09 15.25 352 38.09 7.292 608 78.48
40.01 - 45.00 1,044 175,794,940.38 19.53 353 43.07 7.344 610 78.67
45.01 - 50.00 1,433 240,619,106.34 26.74 353 48.14 7.285 611 79.40
50.01 - 55.00 418 66,644,936.26 7.40 357 53.19 8.363 557 76.48
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL
BALANCE % OF PRINCIPAL REMAINING
NUMBER OF AS OF BALANCE AS OF TERM TO DEBT-TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
STATE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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California 911 $ 212,095,014.36 23.57% 356 39.04 6.696 619 75.65
Florida 807 104,756,978.84 11.64 353 39.22 7.489 598 79.06
New York 304 70,897,547.74 7.88 351 40.29 7.580 611 72.28
Massachusetts 282 62,339,787.18 6.93 356 39.45 7.006 611 74.96
Maryland 224 41,501,191.38 4.61 355 39.53 7.456 597 78.51
Texas 355 40,671,187.11 4.52 338 39.69 8.110 599 76.79
Illinois 260 40,218,526.00 4.47 355 39.55 7.817 599 81.03
Minnesota 198 32,680,543.16 3.63 353 38.77 7.461 603 80.04
Michigan 275 31,989,495.66 3.55 356 39.82 7.637 589 80.84
Connecticut 147 24,100,879.86 2.68 354 41.16 7.319 605 76.85
Pennsylvania 201 23,724,097.47 2.64 348 40.15 7.553 603 81.60
Georgia 157 19,546,068.46 2.17 349 39.24 8.768 598 82.39
Colorado 97 16,711,325.87 1.86 348 40.53 7.133 609 80.22
Washington 77 14,630,945.99 1.63 355 40.76 7.245 607 81.61
Rhode Island 82 14,135,097.41 1.57 351 39.22 7.034 609 74.60
Indiana 130 13,927,706.34 1.55 347 38.07 7.742 601 82.35
Wisconsin 106 13,603,585.11 1.51 347 40.41 8.034 609 81.16
Nevada 66 11,385,390.50 1.27 353 38.27 7.517 609 81.74
Tennessee 106 11,235,709.05 1.25 341 37.87 7.683 605 80.91
Alabama 89 9,908,720.29 1.10 349 39.04 8.289 599 82.14
Other 729 89,939,863.82 9.99 348 38.67 7.691 607 80.53
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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OCCUPANCY STATUS
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PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
OCCUPANCY MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
STATUS* LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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Owner Occupied 5,391 $ 869,036,346.75 96.56% 352 39.51 7.366 606 77.89
Non-Owner Occupied 166 23,231,222.56 2.58 353 33.86 7.444 645 76.44
Second Home 46 7,732,092.29 0.86 355 40.09 7.88 618 82.17
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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* Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
INCOME MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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Full Documentation 4,146 $ 663,848,065.90 73.76% 351 39.41 7.279 607 78.85
Stated Documentation 836 132,616,513.33 14.74 354 39.69 7.767 612 72.84
Limited Documentation 621 103,535,082.37 11.5 354 38.75 7.468 600 78.22
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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LOAN PURPOSE
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PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PURPOSE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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Refinance -
Cashout** 5,212 $ 842,252,307.55 93.58% 352 39.29 7.37 606 77.81
Refinance - Rate
Term*** 377 54,674,068.29 6.07 351 40.50 7.448 614 78.65
Purchase 14 3,073,285.76 0.34 359 41.54 6.712 656 86.94
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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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.
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CREDIT GRADE
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PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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8A 280 $ 51,290,604.12 5.70% 344 37.74 6.054 740 77.22
7A 317 60,139,877.14 6.68 347 38.05 6.302 693 78.13
6A 317 59,292,611.41 6.59 348 38.86 6.401 669 78.97
5A 443 81,732,674.09 9.08 349 38.76 6.514 649 82.23
4A 465 79,638,192.73 8.85 351 38.02 6.764 631 81.06
3A 372 63,302,972.86 7.03 354 39.86 7.098 614 78.87
2A 1,288 201,416,123.92 22.38 354 39.40 7.393 584 80.04
A 431 68,408,377.21 7.60 356 38.12 8.051 577 79.54
B 940 134,465,439.79 14.94 354 41.11 8.602 546 76.11
C 646 86,467,092.69 9.61 356 41.39 8.431 543 69.58
D 104 13,845,695.64 1.54 358 38.96 8.682 527 56.29
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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PROPERTY TYPE
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PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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Single Family Detached 4,804 $ 764,335,162.58 84.93% 352 39.34 7.369 606 78.25
Two - Four Family 254 55,476,099.59 6.16 355 39.77 7.440 619 72.01
Condominium 211 33,228,943.30 3.69 356 39.61 7.044 614 79.62
PUD Detached 192 31,386,957.66 3.49 353 40.87 7.489 604 78.88
Manufactured/Mobile
Home 78 7,316,986.45 0.81 343 34.99 7.936 614 70.06
Single Family Attached 42 4,442,899.05 0.49 359 36.9 8.018 587 80.38
PUD Attached 22 3,812,612.97 0.42 359 37.93 7.082 607 80.24
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TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
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PREPAYMENT CHARGE TERM AT ORIGINATION
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PRINCIPAL % OF PRINCIPAL
PREPAYMENT BALANCE BALANCE REMAINING DEBT-
CHARGE TERM AT NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
ORIGINATION MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
(months) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
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0 1,699 $ 267,565,862.05 29.73% 352 39.76 7.892 600 77.68
12 183 37,866,089.91 4.21 343 39.75 6.941 640 74.46
24 7 1,627,752.21 0.18 359 39.29 7.491 645 89.82
30 8 1,805,640.63 0.20 327 36.17 7.429 596 84.25
36 3,706 591,134,316.80 65.68 353 39.18 7.164 608 78.16
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CONFORMING BALANCE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 5,299 $ 768,648,008.98 85.41% 351 39.29 7.463 604 77.56
Non-Conforming 304 131,351,652.62 14.59 358 39.89 6.844 625 79.82
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,603 $ 899,999,661.60 100.00% 352 39.37 7.372 607 77.89
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
RANGE OF BALANCE BALANCE REMAINING DEBT-
MAXIMUM NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE RATES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 59 $ 13,348,466.59 1.85% 353 37.11 5.338 694 76.02
11.500 - 11.999 438 95,437,023.60 13.26 356 38.47 5.809 659 78.54
12.000 - 12.499 382 75,411,408.25 10.47 356 39.64 6.240 623 78.22
12.500 - 12.999 717 134,108,137.65 18.63 356 38.91 6.770 604 79.29
13.000 - 13.499 382 65,460,097.93 9.09 356 39.79 7.250 580 76.94
13.500 - 13.999 869 136,454,974.41 18.95 356 40.56 7.763 573 77.70
14.000 - 14.499 284 41,407,582.06 5.75 357 39.59 8.256 567 78.23
14.500 - 14.999 564 76,134,372.56 10.57 356 40.63 8.754 564 77.64
15.000 - 15.499 160 19,936,073.64 2.77 354 39.78 9.262 552 78.53
15.500 - 15.999 295 33,018,059.12 4.59 356 41.30 9.753 554 78.01
16.000 - 16.499 85 8,913,957.77 1.24 351 41.37 10.238 551 77.96
16.500 - 16.999 115 12,219,772.78 1.70 359 41.72 10.707 552 78.15
17.000 - 17.499 18 1,866,095.45 0.26 358 43.94 11.286 538 72.93
17.500 - 17.999 57 4,929,977.46 0.68 357 42.02 11.730 546 77.69
18.000 - 18.499 10 1,091,312.96 0.15 358 44.50 12.296 557 77.19
18.500 - 18.999 4 262,456.31 0.04 354 36.82 12.596 550 78.92
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 S78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
RANGE OF BALANCE BALANCE REMAINING DEBT-
MINIMUM NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE RATES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
(%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 59 $ 13,348,466.59 1.85% 353 37.11 5.338 694 76.02
5.500 - 5.999 438 95,437,023.60 13.26 356 38.47 5.809 659 78.54
6.000 - 6.499 382 75,411,408.25 10.47 356 39.64 6.240 623 78.22
6.500 - 6.999 717 134,108,137.65 18.63 356 38.91 6.770 604 79.29
7.000 - 7.499 382 65,460,097.93 9.09 356 39.79 7.250 580 76.94
7.500 - 7.999 869 136,454,974.41 18.95 356 40.56 7.763 573 77.70
8.000 - 8.499 284 41,407,582.06 5.75 357 39.59 8.256 567 78.23
8.500 - 8.999 564 76,134,372.56 10.57 356 40.63 8.754 564 77.64
9.000 - 9.499 160 19,936,073.64 2.77 354 39.78 9.262 552 78.53
9.500 - 9.999 295 33,018,059.12 4.59 356 41.30 9.753 554 78.01
10.000 - 10.499 85 8,913,957.77 1.24 351 41.37 10.238 551 77.96
10.500 - 10.999 115 12,219,772.78 1.70 359 41.72 10.707 552 78.15
11.000 - 11.499 18 1,866,095.45 0.26 358 43.94 11.286 538 72.93
11.500 - 11.999 57 4,929,977.46 0.68 357 42.02 11.730 546 77.69
12.000 - 12.499 10 1,091,312.96 0.15 358 44.50 12.296 557 77.19
12.500 - 12.999 4 262,456.31 0.04 354 36.82 12.596 550 78.92
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
MARGINS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
3.500 - 3.749 2 $ 229,311.08 0.03% 359 32.99 5.550 712 79.44
3.750 - 3.999 3 424,979.19 0.06 296 37.26 6.870 608 87.09
4.000 - 4.249 4 826,799.64 0.11 358 45.59 7.053 608 75.20
4.250 - 4.499 1 194,814.97 0.03 359 26.00 6.250 627 72.22
4.500 - 4.749 8 1,604,870.02 0.22 359 32.79 5.725 722 84.81
4.750 - 4.999 129 23,832,984.66 3.31 353 37.59 5.965 729 80.52
5.000 - 5.249 168 34,200,069.62 4.75 355 39.46 6.198 685 80.79
5.250 - 5.499 204 40,394,819.56 5.61 355 38.97 6.308 662 80.09
5.500 - 5.749 276 53,498,553.71 7.43 357 40.25 6.439 643 82.10
5.750 - 5.999 402 71,595,759.90 9.94 356 39.08 6.788 618 80.86
6.000 - 6.249 1,354 222,947,527.77 30.96 356 39.29 7.314 588 80.20
6.250 - 6.499 417 64,483,486.31 8.96 357 39.33 8.111 572 78.97
6.500 - 6.749 873 125,710,623.36 17.46 355 41.04 8.547 544 75.39
6.750 - 6.999 598 80,055,168.75 11.12 357 41.00 8.527 540 67.83
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NEXT RATE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
ADJUSTMENT MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
DATE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
November 2005 5 $ 620,725.53 0.09% 353 45.27 8.774 577 79.19
December 2005 167 22,538,116.71 3.13 348 39.43 8.823 586 78.36
January 2006 28 2,971,173.33 0.41 355 37.04 8.983 586 81.76
February 2006 5 933,373.81 0.13 356 49.71 8.023 612 85.50
March 2006 8 1,014,452.62 0.14 357 37.00 7.001 610 81.84
April 2006 79 11,746,826.86 1.63 347 40.51 7.923 564 79.71
May 2006 4,003 660,177,445.68 91.69 356 39.71 7.377 596 78.04
June 2006 143 19,867,654.00 2.76 358 41.45 8.089 587 78.43
July 2007 1 130,000.00 0.02 360 41.00 9.200 559 78.79
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
INITIAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC RATE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
SUBSEQUENT NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC RATE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,439 $ 719,999,768.54 100.00% 356 39.76 7.459 595 78.12
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 5,299 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $768,648,008.98, 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
December 1, 2003 or after August 1, 2004, or will have a remaining term to
stated maturity of less than 118 months or greater than 360 months as of the
Cut-off Date. The latest maturity date of any Group I Mortgage Loan is July 1,
2034.
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / 4,189 $ 613,532,241.04 79.82% 356 39.68 7.551 591 77.73
Adjustable-Rate
Fixed Rate 1,110 155,115,767.94 20.18 334 37.72 7.113 654 76.90
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING DEBT-
RANGE OF NUMBER OF BALANCE BALANCE TERM TO TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,730 $ 135,198,918.00 17.57% 342 37.58 8.361 591 74.83
100,000.01 - 150,000.00 1,507 185,631,102.00 24.12 349 39.30 7.635 597 77.78
150,000.01 - 200,000.00 993 173,611,554.00 22.56 353 39.69 7.259 605 77.85
200,000.01 - 250,000.00 559 124,858,487.00 16.23 355 39.87 7.055 613 78.41
250,000.01 - 300,000.00 341 93,870,683.00 12.20 356 39.71 7.024 610 77.98
300,000.01 - 350,000.00 141 45,031,900.00 5.85 357 40.78 6.922 620 80.11
350,000.01 - 400,000.00 16 5,895,450.00 0.77 359 38.47 7.576 617 78.26
400,000.01 - 450,000.00 6 2,518,500.00 0.33 340 38.93 7.547 646 80.06
450,000.01 - 500,000.00 6 2,861,500.00 0.37 359 32.95 6.537 686 80.61
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 769,478,094.00 100.00% 351 39.28 7.462 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
BALANCES AS OF THE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,732 $ 135,232,291.90 17.59% 342 37.58 8.360 591 74.81
100,000.01 - 150,000.00 1,506 185,385,380.72 24.12 349 39.29 7.635 597 77.80
150,000.01 - 200,000.00 992 173,268,255.27 22.54 353 39.70 7.258 605 77.85
200,000.01 - 250,000.00 560 124,974,745.96 16.26 355 39.85 7.055 613 78.40
250,000.01 - 300,000.00 340 93,531,642.46 12.17 356 39.74 7.025 610 77.99
300,000.01 - 350,000.00 141 44,989,882.31 5.85 357 40.78 6.922 620 80.11
350,000.01 - 400,000.00 16 5,891,020.66 0.77 359 38.47 7.576 617 78.26
400,000.01 - 450,000.00 6 2,515,895.56 0.33 340 38.93 7.548 646 80.06
450,000.01 - 500,000.00 6 2,858,894.14 0.37 359 32.95 6.537 686 80.61
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MONTHS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
REMAINING LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
61-120 22 $ 1,967,953.59 0.26% 119 35.11 7.738 626 67.97
121-180 154 16,816,140.26 2.19 179 35.68 7.153 641 72.18
181-240 159 18,139,653.40 2.36 239 37.74 7.220 632 76.58
241-300 34 4,000,541.21 0.52 299 36.68 6.980 669 77.70
301-360 4,930 727,723,720.52 94.68 359 39.43 7.478 602 77.74
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF CURRENT MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000- 5.499 52 $ 10,190,011.23 1.33% 351 36.39 5.347 697 77.05
5.500- 5.999 487 91,677,450.95 11.93 351 37.66 5.816 669 75.82
6.000- 6.499 530 93,799,627.78 12.20 348 38.62 6.239 646 76.73
6.500- 6.999 945 151,264,286.72 19.68 349 38.60 6.765 620 79.26
7.000- 7.499 470 70,855,960.31 9.22 350 39.63 7.257 589 76.75
7.500- 7.999 1,002 139,359,371.91 18.13 354 39.74 7.759 579 77.39
8.000- 8.499 330 42,760,755.40 5.56 353 39.57 8.257 572 77.79
8.500- 8.999 636 79,297,144.19 10.32 352 40.36 8.753 568 77.90
9.000- 9.499 182 20,366,233.18 2.65 349 39.74 9.250 556 77.92
9.500- 9.999 339 37,018,075.58 4.82 353 41.46 9.747 557 78.08
10.000- 10.499 93 9,647,312.40 1.26 349 41.24 10.235 552 78.23
10.500- 10.999 131 13,334,777.49 1.73 355 41.18 10.716 553 77.97
11.000- 11.499 25 2,312,949.22 0.30 355 43.45 11.305 542 74.03
11.500- 11.999 60 5,133,620.78 0.67 355 41.81 11.728 548 77.55
12.000- 12.499 12 1,223,511.69 0.16 352 44.24 12.275 555 77.02
12.500- 12.999 5 406,920.15 0.05 356 34.40 12.598 543 81.08
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
LOAN-TO-VALUE RATIOS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
25.00 or less 19 $ 1,679,248.59 0.22% 347 37.85 7.958 601 21.05
25.01 - 30.00 10 958,016.78 0.12 359 35.00 6.998 632 28.11
30.01 - 35.00 21 2,492,826.60 0.32 343 37.24 7.138 629 33.44
35.01 - 40.00 42 5,044,680.93 0.66 336 38.35 7.342 591 37.72
40.01 - 45.00 37 4,645,885.28 0.60 322 36.82 6.967 639 42.96
45.01 - 50.00 90 12,613,467.76 1.64 348 34.90 7.132 603 47.72
50.01 - 55.00 111 14,315,828.82 1.86 351 37.70 7.255 601 52.80
55.01 - 60.00 253 34,101,044.13 4.44 349 37.30 7.555 581 58.05
60.01 - 65.00 257 35,038,519.45 4.56 348 37.17 7.318 600 63.07
65.01 - 70.00 365 51,650,729.37 6.72 347 37.93 7.274 602 67.89
70.01 - 75.00 942 127,091,963.22 16.53 353 40.03 7.872 573 73.72
75.01 - 80.00 839 127,295,316.51 16.56 348 39.16 7.199 615 78.73
80.01 - 85.00 949 143,442,469.94 18.66 353 40.09 7.666 598 83.80
85.01 - 90.00 1,291 195,614,800.14 25.45 354 39.77 7.362 620 89.10
90.01 - 95.00 73 12,663,211.46 1.65 352 41.42 7.001 683 93.72
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RANGE OF FICO SCORES LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 318 $ 38,801,455.49 5.05% 357 42.69 8.618 510 68.39
520-539 607 81,497,239.32 10.60 354 41.75 8.683 529 74.52
540-559 698 94,703,467.49 12.32 354 40.27 8.197 551 76.13
560-579 697 101,001,558.37 13.14 354 38.90 7.744 569 78.63
580-599 559 76,794,442.11 9.99 354 38.88 7.795 589 78.45
600-619 476 70,828,577.68 9.21 354 39.85 7.332 609 78.86
620-639 561 84,017,751.25 10.93 350 37.96 6.975 629 80.46
640-659 478 75,612,009.59 9.84 347 38.40 6.641 649 80.44
660-679 320 50,987,357.60 6.63 345 38.38 6.550 669 78.34
680-699 252 40,205,378.71 5.23 345 37.58 6.491 689 77.97
700-719 144 25,098,987.67 3.27 343 39.24 6.187 709 76.96
720-739 80 12,583,251.26 1.64 341 36.41 6.279 730 77.28
740-759 52 8,513,215.20 1.11 342 35.28 5.991 749 78.57
760-779 30 4,289,830.23 0.56 333 34.13 6.048 770 73.93
780-799 19 2,759,274.97 0.36 335 38.70 6.433 787 72.95
800-819 8 954,212.04 0.12 359 30.05 5.824 805 69.51
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
INCOME RATIOS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
20.00 or less 303 $ 38,438,231.06 5.00% 344 15.28 7.351 614 75.11
20.01 - 25.00 332 44,560,625.64 5.80 350 23.31 7.415 609 74.28
25.01 - 30.00 516 71,417,418.60 9.29 348 27.99 7.308 613 75.55
30.01 - 35.00 639 91,024,289.94 11.84 350 33.02 7.303 610 76.93
35.01 - 40.00 787 114,698,634.64 14.92 351 38.09 7.388 607 77.93
40.01 - 45.00 979 147,898,833.66 19.24 352 43.07 7.424 607 78.40
45.01 - 50.00 1,351 205,597,530.52 26.75 352 48.15 7.393 606 79.36
50.01 - 55.00 392 55,012,444.92 7.16 356 53.24 8.563 548 75.86
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
STATE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 781 $ 156,985,151.11 20.42% 355 38.72 6.775 613 74.09
Florida 783 94,355,549.86 12.28 353 38.96 7.529 597 79.27
New York 269 55,029,620.47 7.16 350 39.99 7.732 604 71.92
Massachusetts 260 52,603,921.99 6.84 355 39.52 7.052 611 73.82
Texas 347 37,312,665.60 4.85 336 40.00 8.172 597 76.60
Illinois 247 34,983,577.46 4.55 354 39.29 7.901 598 80.80
Maryland 206 33,148,756.99 4.31 354 39.94 7.570 596 78.04
Michigan 269 29,448,906.59 3.83 356 39.89 7.663 587 80.39
Minnesota 189 29,077,703.13 3.78 353 39.59 7.391 606 79.79
Pennsylvania 198 22,488,093.31 2.93 347 40.27 7.549 603 81.47
Connecticut 143 22,274,888.70 2.90 354 40.70 7.302 602 76.39
Georgia 155 18,696,263.18 2.43 348 39.10 8.844 597 82.04
Colorado 91 14,251,644.64 1.85 346 39.01 7.169 608 79.80
Indiana 130 13,927,706.34 1.81 347 38.07 7.742 601 82.35
Rhode Island 81 13,765,397.72 1.79 351 39.60 7.033 611 74.34
Wisconsin 106 13,603,585.11 1.77 347 40.41 8.034 609 81.16
Washington 70 11,551,555.23 1.50 355 40.65 7.221 607 81.01
Tennessee 105 10,831,064.63 1.41 340 38.50 7.722 603 80.90
Nevada 63 10,056,992.52 1.31 353 37.48 7.588 607 82.51
Alabama 89 9,908,720.29 1.29 349 39.04 8.289 599 82.14
Other 717 84,346,244.11 10.97 347 38.77 7.747 605 80.31
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
OCCUPATION MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
STATUS* LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 5,094 $ 741,024,941.84 96.41% 351 39.46 7.457 603 77.59
Non-Owner Occupied 164 22,089,739.49 2.87 353 33.86 7.489 643 75.97
Second Home 41 5,533,327.65 0.72 353 38.1 8.128 617 80.55
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
INCOME MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Documentation 3,918 $ 564,821,918.46 73.48% 350 39.41 7.362 604 78.62
Stated Documentation 795 115,153,788.05 14.98 354 39.17 7.892 608 72.24
Limited Documentation 586 88,672,302.47 11.54 353 38.63 7.544 597 77.73
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PURPOSE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Refinance-Debt 4,923 $ 717,023,531.02 93.28% 351 39.21 7.462 603 77.47
Consolidation Cash Out**
Refinance-Debt 365 49,802,513.69 6.48 350 40.41 7.495 613 78.67
Consolidation No Cash Out***
Purchase 11 1,821,964.27 0.24 359 36.59 6.979 648 84.98
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-----------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 254 $ 39,876,685.49 5.19% 340 36.77 6.090 739 76.51
7A 291 48,198,059.36 6.27 344 38.13 6.350 693 77.96
6A 292 47,432,288.27 6.17 345 38.65 6.448 669 78.47
5A 404 64,614,532.70 8.41 347 38.45 6.545 649 81.61
4A 431 64,866,791.91 8.44 349 37.84 6.786 631 81.13
3A 347 52,846,004.56 6.88 353 39.80 7.116 614 78.63
2A 1,222 174,061,326.85 22.65 353 39.03 7.447 585 79.81
A 415 61,575,871.85 8.01 356 38.53 8.090 577 79.25
B 911 122,164,904.44 15.89 354 41.27 8.663 546 76.13
C 631 80,275,248.50 10.44 356 41.33 8.462 542 69.83
D 101 12,736,295.05 1.66 358 38.50 8.659 527 56.55
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 4,536 $ 649,862,492.49 84.55% 351 39.28 7.458 603 77.90
Two-to Four Family 242 49,095,415.24 6.39 355 39.36 7.509 613 71.87
Condominium 203 29,729,196.64 3.87 356 39.09 7.121 613 79.58
PUD Detached 178 25,181,240.63 3.28 352 41.37 7.691 596 79.08
Manufactured Housing 78 7,316,986.45 0.95 343 34.99 7.936 614 70.06
Single Family Attached 42 4,442,899.05 0.58 359 36.9 8.018 587 80.38
PUD Attached 20 3,019,778.48 0.39 359 36.93 7.268 612 79.21
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
PREPAYMENT CHARGE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
(MOS.) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 1,605 $ 225,969,797.65 29.40% 351 39.67 8.013 596 77.28
12 167 30,638,671.23 3.99 341 39.51 7.012 634 74.23
24 5 777,946.93 0.10 359 35.97 7.917 683 89.62
30 7 1,356,010.22 0.18 316 34.90 7.575 597 82.46
36 3,515 509,905,582.95 66.34 352 39.12 7.245 605 77.86
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CONFORMING BALANCE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 5,299 $ 768,648,008.98 100.00% 351 39.29 7.463 604 77.56
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000-11.499 51 $ 10,021,369.03 1.63% 351 36.51 5.347 697 77.18
11.500-11.999 384 72,469,793.61 11.81 355 38.10 5.808 656 77.45
12.000-12.499 352 62,632,739.81 10.21 356 39.20 6.235 624 78.06
12.500-12.999 658 108,619,303.29 17.70 356 38.80 6.774 604 78.72
13.000-13.499 359 55,746,917.08 9.09 355 40.12 7.254 578 76.32
13.500-13.999 828 118,937,576.76 19.39 356 40.24 7.760 571 77.26
14.000-14.499 272 36,176,032.03 5.90 357 39.80 8.255 567 77.91
14.500-14.999 547 69,369,539.96 11.31 355 40.33 8.754 564 77.91
15.000-15.499 156 17,971,631.91 2.93 353 40.34 9.250 552 78.29
15.500-15.999 294 32,663,626.32 5.32 356 41.54 9.753 554 77.88
16.000-16.499 85 8,913,957.77 1.45 351 41.37 10.238 551 77.96
16.500-16.999 114 11,859,911.29 1.93 359 41.35 10.709 554 78.24
17.000-17.499 18 1,866,095.45 0.30 358 43.94 11.286 538 72.93
17.500-17.999 57 4,929,977.46 0.80 357 42.02 11.730 546 77.69
18.000-18.499 10 1,091,312.96 0.18 358 44.50 12.296 557 77.19
18.500-18.999 4 262,456.31 0.04 354 36.82 12.596 550 78.92
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 51 $ 10,021,369.03 1.63% 351 36.51 5.347 697 77.18
5.500-5.999 384 72,469,793.61 11.81 355 38.10 5.808 656 77.45
6.000-6.499 352 62,632,739.81 10.21 356 39.20 6.235 624 78.06
6.500-6.999 658 108,619,303.29 17.70 356 38.80 6.774 604 78.72
7.000-7.499 359 55,746,917.08 9.09 355 40.12 7.254 578 76.32
7.500-7.999 828 118,937,576.76 19.39 356 40.24 7.760 571 77.26
8.000-8.499 272 36,176,032.03 5.90 357 39.80 8.255 567 77.91
8.500-8.999 547 69,369,539.96 11.31 355 40.33 8.754 564 77.91
9.000-9.499 156 17,971,631.91 2.93 353 40.34 9.250 552 78.29
9.500-9.999 294 32,663,626.32 5.32 356 41.54 9.753 554 77.88
10.000-10.499 85 8,913,957.77 1.45 351 41.37 10.238 551 77.96
10.500-10.999 114 11,859,911.29 1.93 359 41.35 10.709 554 78.24
11.000-11.499 18 1,866,095.45 0.30 358 43.94 11.286 538 72.93
11.500-11.999 57 4,929,977.46 0.80 357 42.02 11.730 546 77.69
12.000-12.499 10 1,091,312.96 0.18 358 44.50 12.296 557 77.19
12.500-12.999 4 262,456.31 0.04 354 36.82 12.596 550 78.92
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
RANGE OF GROSS MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
MARGINS (%) LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
3.250-3.499 2 $ 229,311.08 0.04% 359 32.99 5.550 712 79.44
3.750-3.999 3 424,979.19 0.07 296 37.26 6.870 608 87.09
4.000-4.249 4 826,799.64 0.13 358 45.59 7.053 608 75.20
4.250-4.499 1 194,814.97 0.03 359 26.00 6.250 627 72.22
4.500-4.749 8 1,604,870.02 0.26 359 32.79 5.725 722 84.81
4.750-4.999 115 18,121,629.37 2.95 352 37.17 6.012 728 79.08
5.000-5.249 149 25,503,775.30 4.16 353 39.56 6.254 683 81.06
5.250-5.499 185 31,238,124.44 5.09 354 39.08 6.356 662 80.47
5.500-5.749 248 41,740,528.96 6.80 356 39.56 6.464 642 81.75
5.750-5.999 373 59,244,950.60 9.66 356 38.80 6.777 617 80.06
6.000-6.249 1,269 187,630,743.02 30.58 356 39.14 7.361 589 80.00
6.250-6.499 403 58,667,468.71 9.56 356 39.13 8.148 572 78.70
6.500-6.749 847 114,555,768.64 18.67 355 41.26 8.598 544 75.30
6.750-6.999 582 73,548,477.10 11.99 357 40.88 8.563 539 67.96
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
NEXT RATE ADJUSTMENT MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
DATE LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
November 2005 5 $ 620,725.53 0.10% 353 45.27 8.774 577 79.19
December 2005 160 19,853,053.13 3.24 348 39.57 8.966 579 77.27
January 2006 27 2,612,385.07 0.43 355 41.16 9.111 581 82.00
February 2006 4 563,625.19 0.09 356 46.23 8.760 604 84.58
March 2006 8 1,014,452.62 0.17 357 37.00 7.001 610 81.84
April 2006 77 11,042,465.31 1.80 346 40.89 7.882 567 80.63
May 2006 3,774 561,935,211.19 91.59 356 39.56 7.466 593 77.66
June 2006 133 15,760,323.00 2.57 357 42.79 8.249 583 77.47
July 2006 1 130,000.00 0.02 360 41.00 9.200 559 78.79
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
INITIAL PERIODIC MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
RATE CAP(%) LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING DEBT-
NUMBER OF ADJUSTABLE ADJUSTABLE RATE TERM TO TO- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE RATE LOANS AS OF LOANS AS OF THE MATURITY INCOME RATES OLTV
RATE CAP(%) LOANS THE CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 4,189 $ 613,532,241.04 100.00% 356 39.68 7.551 591 77.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 304 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $131,351,652.62, 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
January 1, 2004 or after July 1, 2004, or will have a remaining term to stated
maturity of less than 239 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group II Mortgage Loan is June 1, 2034.
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / 250 $ 106,467,527.50 81.06% 359 40.23 6.93 612 80.36
Adjustable-Rate
Fixed Rate 54 24,884,125.12 18.94 357 38.42 6.478 678 77.51
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PRINICPAL BALANCES MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 43 $ 14,705,857.00 11.19% 359 38.54 6.623 619 78.64
350,000.01 - 400,000.00 105 39,269,029.00 29.87 359 41.33 7.019 612 80.40
400,000.01 - 450,000.00 49 20,879,496.00 15.88 357 41.49 6.927 618 81.30
450,000.01 - 500,000.00 41 19,533,122.00 14.86 359 38.82 6.762 636 81.36
500,000.01 - 550,000.00 28 14,776,624.00 11.24 359 41.63 6.854 627 77.61
550,000.01 - 600,000.00 38 22,314,171.00 16.97 359 36.52 6.672 646 78.31
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL 304 $ 131,478,299.00 100.00% 358 39.89 6.844 625 79.82
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
BALANCES AS OF THE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
300,000.01-350,000.00 43 $ 14,689,825.05 11.18% 359 38.54 6.623 619 78.64
350,000.01-400,000.00 105 39,229,246.09 29.87 359 41.33 7.019 612 80.40
400,000.01-450,000.00 49 20,862,061.94 15.88 357 41.49 6.927 618 81.30
450,000.01-500,000.00 41 19,512,269.26 14.85 359 38.82 6.762 636 81.36
500,000.01-550,000.00 28 14,764,338.77 11.24 359 41.63 6.854 627 77.61
550,000.01-600,000.00 38 22,293,911.51 16.97 359 36.52 6.672 646 78.31
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
OF MONTHS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
REMAINING LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 $ 414,178.86 0.32% 239 49.00 6.750 645 62.88
301 - 360 303 130,937,473.76 99.68 359 39.86 6.845 625 79.87
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
CURRENT MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000- 5.499 9 $ 3,891,646.10 2.96% 359 39.93 5.331 686 73.17
5.500- 5.999 67 28,954,179.40 22.04 359 39.60 5.815 681 79.89
6.000- 6.499 46 20,245,244.53 15.41 359 40.04 6.266 644 79.34
6.500- 6.999 75 32,928,254.79 25.07 357 39.13 6.741 615 81.28
7.000- 7.499 25 10,606,053.39 8.07 359 38.34 7.223 597 80.72
7.500- 7.999 45 19,157,206.20 14.58 359 42.28 7.768 590 80.12
8.000- 8.499 13 5,718,745.46 4.35 359 38.61 8.269 567 79.08
8.500- 8.999 18 7,171,586.73 5.46 359 42.77 8.742 568 75.72
9.000- 9.499 4 1,964,441.73 1.50 358 34.66 9.374 549 80.73
9.500- 9.999 1 354,432.80 0.27 359 19.00 9.700 525 90.00
10.500- 10.999 1 359,861.49 0.27 359 54.00 10.650 500 75.00
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF ORIGINAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
LOAN-TO-VALUE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 3 $ 1,368,830.60 1.04% 359 45.56 6.892 634 44.48
45.01 - 50.00 3 1,398,770.66 1.06 359 38.86 6.783 647 47.95
50.01 - 55.00 6 2,561,732.97 1.95 359 38.56 6.693 667 53.40
55.01 - 60.00 7 3,005,297.48 2.29 359 39.81 6.614 597 57.67
60.01 - 65.00 12 5,335,540.95 4.06 350 43.71 6.969 608 63.24
65.01 - 70.00 18 7,672,617.54 5.84 359 37.76 7.002 588 67.66
70.01 - 75.00 30 12,621,675.63 9.61 359 41.32 7.137 598 73.55
75.01 - 80.00 58 25,856,201.08 19.68 359 37.95 6.678 632 78.61
80.01 - 85.00 61 26,721,977.49 20.34 359 38.97 6.825 627 83.64
85.01 - 90.00 104 43,944,893.67 33.46 359 41.03 6.873 633 89.03
90.01 - 95.00 2 864,114.55 0.66 359 39.81 5.855 676 94.54
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
FICO SCORES LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 6 $ 2,218,468.73 1.69% 359 43.90 8.760 509 66.79
520-539 17 6,909,142.12 5.26 359 38.95 8.213 530 72.33
540-559 30 12,417,496.96 9.45 359 37.30 7.665 550 79.17
560-579 33 14,246,143.22 10.85 359 41.71 7.238 569 81.04
580-599 34 14,284,567.29 10.88 359 41.77 7.147 590 78.86
600-619 26 10,724,214.03 8.16 359 39.59 6.942 609 79.79
620-639 35 15,235,946.83 11.60 359 38.69 6.689 630 81.92
640-659 43 18,790,639.62 14.31 356 40.22 6.509 651 84.27
660-679 26 12,459,881.28 9.49 359 40.14 6.277 669 79.68
680-699 20 9,493,232.40 7.23 359 37.90 6.063 688 79.42
700-719 13 5,565,362.02 4.24 359 36.24 6.189 710 78.21
720-739 6 2,454,503.18 1.87 359 44.57 5.898 728 86.90
740-759 10 4,278,667.80 3.26 358 42.04 6.001 750 72.80
760-779 4 1,836,131.06 1.40 359 45.57 5.895 770 79.81
780-799 1 437,256.08 0.33 359 33.00 5.950 795 72.71
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
DEBT-TO-INCOME MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
20.00 or less 14 $ 6,448,269.07 4.91% 359 9.74 6.994 610 81.49
20.01 - 25.00 16 7,442,938.07 5.67 358 23.49 6.995 622 79.31
25.01 - 30.00 14 6,110,607.26 4.65 359 27.75 6.561 632 73.87
30.01 - 35.00 33 14,290,752.89 10.88 359 33.02 6.745 636 79.83
35.01 - 40.00 54 22,508,911.45 17.14 359 38.12 6.804 617 81.25
40.01 - 45.00 65 27,896,106.72 21.24 359 43.10 6.921 624 80.10
45.01 - 50.00 82 35,021,575.82 26.66 357 48.07 6.649 636 79.65
50.01 - 55.00 26 11,632,491.34 8.86 359 52.95 7.420 601 79.40
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
STATE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
CA 130 $ 55,109,863.25 41.96% 359 39.93 6.470 637 80.12
NY 35 15,867,927.27 12.08 356 41.32 7.055 634 73.53
FL 24 10,401,428.98 7.92 359 41.56 7.126 610 77.17
MA 22 9,735,865.19 7.41 359 39.07 6.757 616 81.10
MD 18 8,352,434.39 6.36 359 37.92 7.006 602 80.41
IL 13 5,234,948.54 3.99 358 41.29 7.254 605 82.60
MN 9 3,602,840.03 2.74 358 32.18 8.025 577 82.12
TX 8 3,358,521.51 2.56 359 36.29 7.419 615 78.90
WA 7 3,079,390.76 2.34 358 41.17 7.333 608 83.85
MI 6 2,540,589.07 1.93 359 38.95 7.341 602 86.10
CO 6 2,459,681.23 1.87 359 49.37 6.928 614 82.69
AZ 4 1,948,307.34 1.48 359 36.81 6.650 640 77.92
CT 4 1,825,991.16 1.39 359 46.84 7.527 637 82.43
NV 3 1,328,397.98 1.01 359 44.25 6.981 623 75.96
PA 3 1,236,004.16 0.94 359 38.00 7.615 608 83.90
MO 2 861,253.17 0.66 359 43.24 6.728 645 83.97
GA 2 849,805.28 0.65 359 42.33 7.101 610 90.00
OR 1 559,488.81 0.43 359 3.00 6.450 694 84.85
WY 1 547,281.79 0.42 359 54.00 7.990 633 90.00
DE 1 463,072.78 0.35 359 33.00 6.400 659 90.00
Other 5 1,988,559.93 1.51 358 35.22 6.963 608 85.91
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
OCCUPATION STATUS* LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 297 $ 128,011,404.91 97.46% 358 39.85 6.840 624 79.66
Non-Owner Occupied 2 1,141,483.07 0.87 359 33.98 6.582 680 85.58
Second Home 5 2,198,764.64 1.67 359 45.12 7.256 619 86.26
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
INCOME MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Documentation 228 $ 99,026,147.44 75.39% 359 39.38 6.802 623 80.16
Stated Documentation 41 17,462,725.28 13.29 356 43.11 6.943 642 76.82
Limited Documentation 35 14,862,779.90 11.32 359 39.50 7.014 615 81.11
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PURPOSE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Refinance-Debt 289 $ 125,228,776.53 95.34% 359 39.74 6.845 625 79.77
Consolidation Cash Out**
Refinance-Debt
Consolidation No Cash
Out*** 12 4,871,554.60 3.71 358 41.5 6.968 619 78.42
Purchase 3 1,251,321.49 0.95 359 48.75 6.323 667 89.79
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-----------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 26 $ 11,413,918.63 8.69% 358 41.12 5.926 742 79.71
7A 26 11,941,817.78 9.09 359 37.71 6.108 691 78.80
6A 25 11,860,323.14 9.03 359 39.69 6.213 670 80.96
5A 39 17,118,141.39 13.03 356 39.92 6.396 650 84.58
4A 34 14,771,400.82 11.25 359 38.78 6.669 633 80.75
3A 25 10,456,968.30 7.96 359 40.15 7.009 613 80.05
2A 66 27,354,797.07 20.83 359 41.71 7.050 577 81.55
A 16 6,832,505.36 5.20 358 34.43 7.696 579 82.14
B 29 12,300,535.35 9.36 359 39.52 7.993 547 75.92
C 15 6,191,844.19 4.71 359 42.21 8.042 558 66.39
D 3 1,109,400.59 0.84 359 44.32 8.945 526 53.23
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family 268 $ 114,472,670.09 87.15% 358 39.64 6.868 623 80.26
Detached
PUD Detached 14 6,205,717.03 4.72 359 38.85 6.668 633 78.04
Condominium 8 3,499,746.66 2.66 359 44.00 6.385 624 79.95
Two-to Four Family 12 6,380,684.35 4.86 359 42.91 6.912 659 73.09
PUD Attached 2 792,834.49 0.60 359 41.74 6.372 587 84.14
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
PREPAYMENT CHARGE NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
(MOS.) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 94 $ 41,596,064.40 31.67% 359 40.29 7.237 617 79.82
12 16 7,227,418.68 5.50 352 40.74 6.642 668 75.47
24 2 849,805.28 0.65 359 42.33 7.101 610 90.00
30 1 449,630.41 0.34 359 40.00 6.990 591 89.64
36 191 81,228,733.85 61.84 359 39.58 6.658 625 80.05
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
CONFORMING MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
BALANCE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Nonconforming 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
TOTAL 304 $ 131,351,652.62 100.00% 358 39.89 6.844 625 79.82
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000- 11.499 8 $ 3,327,097.56 3.12% 359 38.90 5.310 685 72.54
11.500- 11.999 54 22,967,229.99 21.57 359 39.65 5.809 669 81.98
12.000- 12.499 30 12,778,668.44 12.00 359 41.81 6.266 619 79.01
12.500- 12.999 59 25,488,834.36 23.94 359 39.37 6.750 604 81.68
13.000- 13.499 23 9,713,180.85 9.12 359 37.87 7.221 588 80.50
13.500- 13.999 41 17,517,397.65 16.45 359 42.71 7.783 588 80.68
14.000- 14.499 12 5,231,550.03 4.91 359 38.11 8.261 568 80.39
14.500- 14.999 17 6,764,832.60 6.35 359 43.72 8.757 567 74.89
15.000- 15.499 4 1,964,441.73 1.85 358 34.66 9.374 549 80.73
15.500- 15.999 1 354,432.80 0.33 359 19.00 9.700 525 90.00
16.500- 16.999 1 359,861.49 0.34 359 54.00 10.650 500 75.00
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
RANGE OF NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
MINIMUM MORTGAGE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATES (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000- 5.499 8 $ 3,327,097.56 3.12% 359 38.90 5.310 685 72.54
5.500- 5.999 54 22,967,229.99 21.57 359 39.65 5.809 669 81.98
6.000- 6.499 30 12,778,668.44 12.00 359 41.81 6.266 619 79.01
6.500- 6.999 59 25,488,834.36 23.94 359 39.37 6.750 604 81.68
7.000- 7.499 23 9,713,180.85 9.12 359 37.87 7.221 588 80.50
7.500- 7.999 41 17,517,397.65 16.45 359 42.71 7.783 588 80.68
8.000 - 8.499 12 5,231,550.03 4.91 359 38.11 8.261 568 80.39
8.500- 8.999 17 6,764,832.60 6.35 359 43.72 8.757 567 74.89
9.000- 9.499 4 1,964,441.73 1.85 358 34.66 9.374 549 80.73
9.500- 9.999 1 354,432.80 0.33 359 19.00 9.700 525 90.00
10.500 - 10.999 1 359,861.49 0.34 359 54.00 10.650 500 75.00
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
RANGE OF GROSSS MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
MARGINS (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
4.750-4.999 14 $ 5,711,355.29 5.36% 358 38.92 5.815 732 85.09
5.000-5.249 19 8,696,294.32 8.17 359 39.15 6.033 688 80.00
5.250-5.499 19 9,156,695.12 8.60 359 38.59 6.148 661 78.78
5.500-5.749 28 11,758,024.75 11.04 359 42.68 6.350 643 83.37
5.750-5.999 29 12,350,809.30 11.60 359 40.43 6.844 625 84.66
6.000-6.249 85 35,316,784.75 33.17 359 40.12 7.063 586 81.23
6.250-6.499 14 5,816,017.60 5.46 359 41.38 7.731 570 81.71
6.500-6.749 26 11,154,854.72 10.48 359 38.77 8.024 546 76.33
6.750-6.999 16 6,506,691.65 6.11 359 42.38 8.113 553 66.28
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
NEXT RATE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
ADJUSTMENT DATE LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
December 2005 7 $ 2,685,063.58 2.52% 354 38.42 7.764 634 86.46
January 2006 1 358,788.26 0.34 355 7.00 8.050 623 80.00
February 2006 1 369,748.62 0.35 356 55.00 6.900 625 86.89
April 2006 2 704,361.55 0.66 358 34.59 8.573 528 65.29
May 2006 229 98,242,234.49 92.27 359 40.55 6.869 613 80.21
June 2006 10 4,107,331.00 3.86 360 36.31 7.475 601 82.11
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
INITIAL NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE BALANCE REMAINING DEBT-
SUBSEQUENT NUMBER OF AS OF AS OF TERM TO TO- MORTGAGE
PERIODIC RATE MORTGAGE THE CUT-OFF THE CUT-OFF MATURITY INCOME RATES OLTV
CAP (%) LOANS DATE DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
TOTAL 250 $ 106,467,527.50 100.00% 359 40.23 6.930 612 80.36
===================================================================================================================================
