EXHIBIT 99.2
The mortgage loans delivered to the Trust Fund on the Closing Date
(the "Initial Mortgage Loans") and the mortgage loans delivered to the Trust
Fund on the Subsequent Transfer Date (the "Subsequent Mortgage Loans", and
together with the Initial Mortgage Loans, 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 as of December 1, 2004, between the
Seller and the Depositor, and the Depositor purchased the Subsequent Mortgage
Loans from the Seller pursuant to the Subsequent Mortage Loan Purchase
Agreement, dated as of December 22, 2004. Pursuant to the Pooling and Servicing
Agreement, dated as of the Cut-off Date (the "Pooling and Servicing Agreement"),
among the Depositor, the Master Servicer and the Trustee, the Depositor will
cause the Mortgage Loans to be assigned to the Trustee for the benefit of the
certificateholders.
The Mortgage Loans included in loan group I (the "Group I Mortgage
Loans") and loan group II (the "Group II Mortgage Loans") have an aggregate
principal balance as of the Cut-off Date of approximately $1,132,223,964.31 and
$367,776,231.08, respectively. 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.
The Mortgage Loans will be 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 93.23% of the Mortgage Loans were originated by
Ameriquest and approximately 6.76% 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
Collateral Selection Date 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 (as defined below) and a fixed percentage amount (the "
Gross Margin"). The Mortgage Rate on each adjustable-rate Mortgage Loan will not
decrease on the first related Adjustment Date, will not increase by more than
2.000% per annum on the first related Adjustment Date (the " Initial Periodic
Rate Cap") and will not increase or decrease by more than 1.000% per annum on
any Adjustment Date thereafter (the " Periodic Rate Cap"). Each Mortgage Rate on
each adjustable-rate Mortgage Loan will not exceed a specified maximum
Mortgage Rate over the life of such Mortgage Loan (the " Maximum Mortgage Rate")
or be less than a specified minimum Mortgage Rate over the life of such Mortgage
Loan (the " Minimum Mortgage Rate"). Effective with the first monthly payment
due on each adjustable-rate Mortgage Loan after each related Adjustment Date,
the monthly payment amount will be adjusted to an amount that will amortize
fully the outstanding principal balance of the related Mortgage Loan over its
remaining term, and pay interest at the Mortgage Rate as so adjusted. Due to the
application of the Periodic Rate Caps and the Maximum Mortgage Rates, the
Mortgage Rate on each such adjustable-rate Mortgage Loan, as adjusted on any
related Adjustment Date, may be less than the sum of the Index and the related
Gross Margin, rounded as described herein. None of the adjustable-rate Mortgage
Loans permits the related mortgagor to convert the adjustable Mortgage Rate
thereon to a fixed Mortgage Rate.
The Mortgage Loans will have scheduled monthly payments due on the
first day of the month (with respect to each Mortgage Loan, a "Due Date"). Each
Mortgage Loan will contain a customary "due-on-sale" clause which provides that
(subject to state and federal restrictions) the Mortgage Loan must be repaid at
the time of sale of the related mortgaged property or with the consent of the
holder of the mortgage note assumed by a creditworthy purchaser of the related
mortgaged property.
None of the Mortgage Loans will be buydown mortgage loans.
Approximately 66.91% of the Group I Mortgage Loans and approximately
69.83% of the Group II Mortgage Loans, in each case by aggregate scheduled
principal balances of the related loan group as of the Cut-off Date, provide for
payment by the mortgagor of a prepayment charge on certain principal
prepayments, subject to certain limitations in the related mortgage note and
limitations upon collection in the Pooling and Servicing Agreement. Generally,
each such Mortgage Loan provides for payment of a prepayment charge on certain
prepayments made within a defined period set forth in the related Mortgage Note
(generally within the first three years but possibly as short as one year from
the date of origination of such Mortgage Loan). The amount of the prepayment
charge is as provided in the related Mortgage Note. The holders of the Class P
Certificates will be entitled to all prepayment charges received on the Mortgage
Loans in each loan group, and such amounts will not be available for
distribution on the other classes of Certificates. Under certain instances, as
described under the terms of the Pooling and Servicing Agreement, the Master
Servicer may waive the payment of any otherwise applicable prepayment charge.
Investors should conduct their own analysis of the effect, if any, that the
prepayment charges, and decisions by the Master Servicer with respect to the
waiver thereof, may have on the prepayment performance of the Mortgage Loans.
The Depositor makes no representation as to the effect that the prepayment
charges, and decisions by the Master Servicer with respect to the waiver
thereof, may have on the prepayment performance of the Mortgage Loans. As of
July 1, 2003, the Alternative Mortgage Parity Act of 1982 (the "Parity Act"),
which regulates the ability of the Originators to impose prepayment charges, was
amended, and as a result, the Originators will be required to comply with state
and local laws in originating mortgage loans with prepayment charge provisions
with respect to loans originated on or after July 1, 2003. The Depositor makes
no representations as to the effect that the prepayment charges, decisions by
the Master Servicer with respect to the waiver thereof and the recent amendment
of the Parity Act, may have on the prepayment performance of the Mortgage Loans.
However, the ruling of the Office of Thrift Supervision (the "OTS") does not
retroactively affect loans originated before July 1, 2003. See "Legal Aspects of
Mortgage Assets--Enforceability of Certain Provisions--Prepayment Charges" in
the prospectus.
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
COLLATERAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 6,559 $1,177,186,561.37 78.48 356 40.79 7.552 600 78.6
FIXED 1,810 322,813,634.02 21.52 333 37.67 6.539 708 73.47
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
---------------------------------------------------------------------------------------------------------------------------
% OF
RANGE OF PRINCIPAL PRINCIPAL REMAINING
PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
BALANCES AT MORTGAGE AS OF AS OF MATURITY INCOME RATES OLTV
ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
---------------------------------------------------------------------------------------------------------------------------
50,001 - 100,000 2,276 $ 177,237,256.00 11.80 340 38.04 8.433 597 73.93
100,001 - 150,000 2,012 250,230,978.00 16.66 349 39.66 7.663 612 77.25
150,001 - 200,000 1,506 262,728,822.00 17.50 350 39.89 7.256 625 76.73
200,001 - 250,000 916 205,252,437.00 13.67 353 40.67 7.180 625 77.54
250,001 - 300,000 636 174,519,765.00 11.62 355 40.66 6.984 630 77.65
300,001 - 350,000 363 117,499,793.00 7.83 356 41.86 6.909 633 78.49
350,001 - 400,000 208 77,669,185.00 5.17 353 40.67 7.026 628 79.61
400,001 - 450,000 131 55,537,444.00 3.70 356 40.74 7.092 631 81.57
450,001 - 500,000 112 53,544,260.00 3.57 355 41.14 6.950 635 81.64
500,001 - 550,000 59 31,128,415.00 2.07 355 42.63 6.877 642 80.31
550,001 - 600,000 69 39,985,900.00 2.66 357 39.34 6.978 636 79.12
600,001 - 650,000 17 10,631,000.00 0.71 359 40.20 7.247 632 78.35
650,001 - 700,000 31 21,036,078.00 1.40 359 37.56 6.482 662 80.12
700,001 - 750,000 31 22,862,538.00 1.52 359 40.12 6.964 642 73.42
800,001 - 850,000 1 811,000.00 0.05 359 50.00 7.150 649 73.73
850,001 - 900,000 1 880,000.00 0.06 359 32.00 6.650 658 79.49
===========================================================================================================================
TOTAL: 8,369 $1,501,554,871.00 100.00 351 40.12 7.334 623 77.49
---------------------------------------------------------------------------------------------------------------------------
* Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------
RANGE OF % OF
PRINCIPAL PRINCIPAL PRINCIPAL REMAINING
BALANCES NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 2,280 $ 177,439,403.37 11.83 340 38.07 8.432 597 73.95
100,000.01 - 150,000.00 2,009 249,706,029.92 16.65 349 39.64 7.663 612 77.23
150,000.01 - 200,000.00 1,505 262,315,578.96 17.49 350 39.90 7.256 625 76.74
200,000.01 - 250,000.00 917 205,295,567.37 13.69 353 40.68 7.181 624 77.53
250,000.01 - 300,000.00 637 174,680,758.73 11.65 355 40.68 6.986 630 77.71
300,000.01 - 350,000.00 362 117,121,461.02 7.81 356 41.79 6.909 633 78.42
350,000.01 - 400,000.00 207 77,246,595.33 5.15 353 40.70 7.024 628 79.66
400,000.01 - 450,000.00 131 55,478,040.99 3.70 356 40.74 7.092 631 81.57
450,000.01 - 500,000.00 113 53,996,755.80 3.60 355 41.21 6.952 634 81.67
500,000.01 - 550,000.00 59 31,148,433.25 2.08 355 42.61 6.857 644 80.27
550,000.01 - 600,000.00 68 39,401,290.16 2.63 356 39.25 6.992 634 79.07
600,000.01 - 650,000.00 17 10,623,081.15 0.71 359 40.20 7.247 632 78.35
650,000.01 - 700,000.00 31 21,016,714.22 1.40 359 37.56 6.482 662 80.13
700,000.01 - 750,000.00 31 22,840,903.09 1.52 359 40.12 6.965 642 73.42
800,000.01 - 850,000.00 1 810,354.66 0.05 359 50.00 7.150 649 73.73
850,000.01 - 900,000.00 1 879,227.37 0.06 359 32.00 6.650 658 79.49
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
61 - 120 33 $ 3,079,786.30 0.21 118 32.58 7.134 701 65.81
121 - 180 254 29,990,930.85 2.00 179 35.98 7.045 671 71.08
181 - 240 267 38,263,061.57 2.55 239 38.67 6.854 677 72.33
241 - 300 71 12,513,726.73 0.83 299 38.48 6.406 719 73.18
301 - 360 7,744 1,416,152,689.94 94.41 359 40.28 7.362 619 77.83
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 1,028 $ 232,981,263.18 15.53 343 37.89 5.840 720 71.78
6.000 - 6.499 881 196,749,626.88 13.12 350 39.32 6.255 666 79.84
6.500 - 6.999 1,531 320,505,064.00 21.37 352 39.56 6.759 631 80.34
7.000 - 7.499 812 158,008,009.51 10.53 354 40.88 7.248 605 78.82
7.500 - 7.999 1,505 251,800,232.74 16.79 355 40.93 7.753 582 77.67
8.000 - 8.499 496 72,539,147.56 4.84 354 40.74 8.262 572 76.37
8.500 - 8.999 800 109,078,985.05 7.27 353 41.17 8.756 569 77.50
9.000 - 9.499 292 37,451,359.65 2.50 356 42.00 9.241 560 75.70
9.500 - 9.999 487 61,440,178.04 4.10 352 42.26 9.770 554 76.23
10.000 - 10.499 163 18,402,929.25 1.23 350 42.60 10.268 551 77.88
10.500 - 10.999 218 24,656,022.00 1.64 353 43.56 10.749 553 75.40
11.000 - 11.499 66 6,947,455.16 0.46 347 40.89 11.254 554 74.89
11.500 - 11.999 56 5,934,963.54 0.40 353 42.84 11.708 551 76.16
12.000 - 12.499 22 2,062,480.99 0.14 352 42.92 12.192 552 76.15
12.500 - 12.999 12 1,442,477.84 0.10 358 46.50 12.700 537 76.81
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
RANGE OF PRINCIPAL PRINCIPAL REMAINING
ORIGINAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
<= 25.00 35 $ 3,566,444.99 0.24 333 36.96 7.654 626 20.47
25.01 - 30.00 30 3,264,023.32 0.22 311 37.51 7.167 658 27.35
30.01 - 35.00 34 5,595,339.81 0.37 345 41.65 6.906 638 32.85
35.01 - 40.00 80 10,124,659.52 0.67 325 36.53 7.014 649 37.92
40.01 - 45.00 98 14,940,301.93 1.00 343 39.09 6.861 665 42.82
45.01 - 50.00 165 26,417,491.26 1.76 341 38.82 7.260 624 47.67
50.01 - 55.00 199 31,645,124.82 2.11 346 36.71 7.137 635 52.68
55.01 - 60.00 388 59,736,499.40 3.98 347 38.20 7.625 599 58.25
60.01 - 65.00 432 68,597,676.60 4.57 346 40.33 7.321 616 63.12
65.01 - 70.00 596 110,700,819.39 7.38 351 39.81 7.247 617 67.89
70.01 - 75.00 1,343 221,076,375.32 14.74 353 40.61 7.777 587 73.70
75.01 - 80.00 1,349 244,797,939.03 16.32 348 39.43 6.965 639 78.62
80.01 - 85.00 1,265 248,815,277.68 16.59 355 40.62 7.500 615 83.69
85.01 - 90.00 2,239 431,286,325.35 28.75 354 40.76 7.263 637 89.13
90.01 - 95.00 116 19,435,896.97 1.30 349 39.87 7.078 682 93.22
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
500 - 519 581 $ 78,400,337.10 5.23 354 43.22 8.859 509 67.77
520 - 539 887 131,129,977.98 8.74 356 42.17 8.714 529 72.06
540 - 559 820 132,840,361.67 8.86 356 40.99 8.169 551 76.10
560 - 579 892 149,935,948.11 10.00 355 40.15 7.911 569 78.95
580 - 599 677 118,375,152.42 7.89 354 40.37 7.719 589 78.45
600 - 619 843 161,101,603.35 10.74 356 41.00 7.311 610 79.61
620 - 639 766 145,140,237.75 9.68 356 39.85 7.149 629 81.66
640 - 659 672 134,391,036.23 8.96 355 39.80 6.874 648 82.89
660 - 679 506 100,933,536.74 6.73 350 39.98 6.627 669 80.96
680 - 699 484 102,318,976.52 6.82 345 39.21 6.466 690 78.67
700 - 719 358 71,420,239.77 4.76 339 39.75 6.391 708 77.71
720 - 739 223 46,455,665.20 3.10 340 38.89 6.199 730 75.64
740 - 759 263 57,388,668.90 3.83 343 36.72 5.986 749 73.22
760 - 779 228 39,734,877.16 2.65 329 36.08 6.036 769 72.09
780 - 799 146 26,594,248.66 1.77 333 34.29 5.965 789 69.40
800 - 819 23 3,839,327.83 0.26 317 34.20 5.874 805 59.65
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
DEBT-TO-INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
<= 20.00 444 $ 74,470,023.43 4.96 348 14.61 7.219 631 74.42
20.01 - 25.00 498 78,788,256.40 5.25 346 23.25 7.174 632 75.77
25.01 - 30.00 700 111,790,279.38 7.45 349 28.13 7.110 638 76.51
30.01 - 35.00 946 159,152,514.32 10.61 349 33.12 7.152 635 76.63
35.01 - 40.00 1,201 214,437,755.55 14.30 350 38.04 7.248 628 77.66
40.01 - 45.00 1,552 287,651,265.61 19.18 352 43.14 7.297 627 77.89
45.01 - 50.00 2,362 454,855,050.48 30.32 354 48.27 7.305 624 79.62
50.01 - 55.00 666 118,855,050.22 7.92 354 53.14 8.324 557 73.22
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
California 1,251 $ 337,595,712.06 22.51 353 40.81 6.753 634 74.09
Florida 859 130,396,733.76 8.69 352 39.84 7.392 613 78.79
New Jersey 522 103,225,604.81 6.88 355 41.78 7.955 610 75.05
New York 406 100,725,544.14 6.72 351 40.05 7.239 635 74.19
Maryland 344 68,168,696.75 4.54 353 39.37 7.302 619 78.48
Massachusetts 263 67,741,919.28 4.52 354 39.53 7.089 627 75.26
Texas 533 59,917,336.48 3.99 337 39.94 8.117 604 76.42
Michigan 346 45,475,774.76 3.03 355 40.40 7.565 608 82.15
Illinois 245 43,572,187.97 2.90 356 40.56 8.251 613 79.79
Pennsylvania 287 43,014,155.77 2.87 350 38.90 7.296 618 79.58
Minnesota 221 42,760,689.54 2.85 353 39.98 7.227 632 81.66
Connecticut 172 33,875,314.02 2.26 346 41.60 7.283 630 78.13
Rhode Island 164 32,170,573.43 2.14 353 42.60 7.080 617 76.41
Washington 176 31,230,131.36 2.08 352 39.58 6.876 645 80.02
Colorado 151 29,594,877.00 1.97 355 40.13 7.040 640 80.56
Georgia 181 24,568,857.08 1.64 351 38.46 8.337 605 82.18
Arizona 151 23,546,240.81 1.57 355 37.67 7.155 620 81.38
Nevada 102 22,321,417.54 1.49 353 40.92 7.232 611 77.31
Ohio 192 22,258,093.69 1.48 341 40.45 7.714 611 82.38
Wisconsin 156 21,830,964.33 1.46 346 41.89 7.905 620 80.44
Other 1,647 216,009,370.81 14.40 348 38.66 7.591 621 80.26
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
OCCUPANCY MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 7,917 $1,433,287,927.86 95.55 351 40.25 7.318 622 77.35
Non-owner Occupied 351 51,147,840.06 3.41 356 36.74 7.737 642 79.98
Second Home 101 15,564,427.47 1.04 352 39.15 7.494 636 82.07
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
* Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Docs 6,159 $1,117,792,165.94 74.52 350 39.88 7.127 629 77.75
Stated Docs 1,160 189,822,384.81 12.65 354 41.25 8.306 609 74.24
Limited Docs 1,050 192,385,644.64 12.83 353 40.39 7.578 602 79.19
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Refi-Cashout** 7,901 $1,421,101,618.16 94.74 351 40.15 7.339 622 77.38
Refi No Cashout*** 411 68,042,232.46 4.54 346 40.04 7.156 639 78.56
Purchase 57 10,856,344.77 0.72 356 35.88 7.834 632 84.99
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation payments exceed
2% or $2,000 of the original principal balance of the related loan. Also
includes all home equity loans originated in Texas with any cash proceeds.
***Cash proceeds to the borrower inclusive of debt consolidation payments do not
exceed 2% or $2,000 of the original principal balance of the related loan.
Excludes home equity loans originated in Texas with any cash proceeds.
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RISK MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
8A 985 $ 196,688,859.03 13.11 337 37.02 6.069 751 73.17
7A 712 146,589,458.34 9.77 342 39.42 6.434 694 78.70
6A 463 94,255,595.31 6.28 350 40.11 6.560 669 81.00
5A 602 123,358,500.95 8.22 355 39.87 6.822 648 83.50
4A 660 127,196,232.10 8.48 356 39.85 7.037 631 82.22
3A 670 129,003,410.37 8.60 355 41.31 7.211 613 80.11
2A 1,534 275,026,440.42 18.34 355 39.97 7.535 582 80.29
A 549 92,848,640.41 6.19 356 39.78 8.208 575 78.25
B 1,091 160,713,821.28 10.71 355 42.72 8.669 543 73.51
C 941 131,844,938.50 8.79 354 42.25 8.736 532 69.44
D 162 22,474,298.68 1.50 356 39.93 8.881 525 56.27
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
PROPERTY MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 6,931 $1,252,417,497.45 83.49 351 40.06 7.304 623 77.78
2-4 Units 419 88,656,543.01 5.91 355 41.68 7.713 624 74.39
Condominium 362 63,210,899.19 4.21 354 39.80 7.116 628 77.47
PUD 282 53,943,015.70 3.60 350 41.00 7.306 613 79.14
Manufactured/ Mobile
Housing 295 29,994,081.16 2.00 346 37.64 7.798 623 70.81
SFR-Attached 53 6,135,759.49 0.41 356 40.63 8.359 601 77.32
PUD-Attached 27 5,642,399.39 0.38 359 36.20 7.078 621 82.51
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
PREPAYMENT NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CHARGE TERM AT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATION (MONTHS) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 2,767 $ 485,583,539.31 32.37 353 40.46 7.871 611 77.39
12 291 61,111,857.65 4.07 343 40.78 6.700 663 73.52
24 11 3,289,869.45 0.22 359 35.73 6.969 625 85.11
30 44 9,497,235.67 0.63 351 43.97 7.805 604 82.48
36 5,256 940,517,693.31 62.7 351 39.87 7.094 627 77.72
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CONFORMING MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 7,649 $1,168,055,027.04 77.87 350 39.95 7.439 620 76.86
Non-Conforming Balance 720 331,945,168.35 22.13 356 40.72 6.964 633 79.73
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MAXIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 348 $ 87,502,699.60 7.43 356 39.36 5.851 683 78.11
12.000 - 12.499 578 134,427,711.97 11.42 358 40.47 6.272 643 80.67
12.500 - 12.999 1,275 273,831,594.37 23.26 356 39.91 6.765 618 80.48
13.000 - 13.499 688 136,292,063.91 11.58 357 40.99 7.251 594 78.78
13.500 - 13.999 1,354 233,672,033.48 19.85 357 41.04 7.754 576 77.66
14.000 - 14.499 439 65,700,255.02 5.58 355 41.03 8.264 567 76.52
14.500 - 14.999 713 101,003,678.45 8.58 356 41.43 8.758 566 77.52
15.000 - 15.499 258 34,256,241.94 2.91 358 42.19 9.239 559 75.79
15.500 - 15.999 431 56,295,538.31 4.78 355 42.30 9.769 554 76.52
16.000 - 16.499 145 16,737,820.58 1.42 354 42.61 10.271 552 78.56
16.500 - 16.999 186 22,020,535.28 1.87 356 43.45 10.752 552 75.76
17.000 - 17.499 61 6,566,359.73 0.56 352 41.17 11.255 554 75.66
17.500 - 17.999 53 5,707,455.16 0.48 356 42.61 11.697 553 76.28
18.000 - 18.499 18 1,730,095.73 0.15 359 41.33 12.213 557 76.82
18.500 - 18.999 12 1,442,477.84 0.12 358 46.50 12.700 537 76.81
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.6
------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MINIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 348 $ 87,502,699.60 7.43 356 39.36 5.851 683 78.11
6.000 - 6.499 578 134,427,711.97 11.42 358 40.47 6.272 643 80.67
6.500 - 6.999 1,275 273,831,594.37 23.26 356 39.91 6.765 618 80.48
7.000 - 7.499 688 136,292,063.91 11.58 357 40.99 7.251 594 78.78
7.500 - 7.999 1,354 233,672,033.48 19.85 357 41.04 7.754 576 77.66
8.000 - 8.499 439 65,700,255.02 5.58 355 41.03 8.264 567 76.52
8.500 - 8.999 713 101,003,678.45 8.58 356 41.43 8.758 566 77.52
9.000 - 9.499 258 34,256,241.94 2.91 358 42.19 9.239 559 75.79
9.500 - 9.999 431 56,295,538.31 4.78 355 42.30 9.769 554 76.52
10.000 - 10.499 145 16,737,820.58 1.42 354 42.61 10.271 552 78.56
10.500 - 10.999 186 22,020,535.28 1.87 356 43.45 10.752 552 75.76
11.000 - 11.499 61 6,566,359.73 0.56 352 41.17 11.255 554 75.66
11.500 - 11.999 53 5,707,455.16 0.48 356 42.61 11.697 553 76.28
12.000 - 12.499 18 1,730,095.73 0.15 359 41.33 12.213 557 76.82
12.500 - 12.999 12 1,442,477.84 0.12 358 46.50 12.700 537 76.81
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.60
------------------------------------------------------------------------------------------------------------------------------
MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MORTGAGE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
3.000 - 3.249 2 $ 145,950.97 0.01 359 33.59 7.562 592 76.04
3.500 - 3.749 6 867,885.44 0.07 359 43.42 7.458 656 85.50
3.750 - 3.999 5 579,515.76 0.05 328 36.77 7.834 597 80.29
4.000 - 4.249 3 453,138.31 0.04 359 46.35 6.578 615 78.92
4.250 - 4.499 2 242,883.08 0.02 359 35.99 6.576 696 77.69
4.500 - 4.749 30 5,068,653.86 0.43 357 41.57 6.650 719 77.60
4.750 - 4.999 164 38,875,631.78 3.30 357 38.71 6.310 728 81.67
5.000 - 5.249 288 63,200,848.84 5.37 355 41.38 6.594 687 83.59
5.250 - 5.499 370 77,131,804.13 6.55 356 40.66 6.530 664 82.71
5.500 - 5.749 559 113,996,988.62 9.68 357 39.78 6.794 644 83.91
5.750 - 5.999 711 143,363,945.96 12.18 357 39.88 7.021 620 81.25
6.000 - 6.249 1,953 365,661,852.59 31.06 356 40.52 7.454 589 80.34
6.250 - 6.499 540 88,533,562.77 7.52 356 40.62 8.305 567 77.27
6.500 - 6.749 1,025 151,402,738.39 12.86 356 42.45 8.683 540 73.10
6.750 - 6.999 901 127,661,160.87 10.84 356 42.00 8.754 532 67.38
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.60
------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NEXT RATE NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
ADJUSTMENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2006-06 2 $ 337,227.39 0.03 354 44.82 5.963 676 90.00
2006-07 52 9,190,560.77 0.78 353 42.36 7.830 588 83.62
2006-08 183 32,355,115.74 2.75 353 41.01 7.781 599 84.61
2006-09 215 39,753,523.79 3.38 355 41.12 7.652 609 84.40
2006-10 414 66,970,800.21 5.69 354 40.59 7.661 595 78.91
2006-11 4,303 798,763,895.47 67.85 356 40.84 7.517 599 77.96
2006-12 600 96,531,829.00 8.20 358 41.27 7.669 614 80.98
2007-01 790 133,283,609.00 11.32 358 39.94 7.522 591 76.93
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.60
------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
INITIAL PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.6
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.6
------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.60
==============================================================================================================================
TOTAL: 6,559 $1,177,186,561.37 100.00 356 40.79 7.552 600 78.60
------------------------------------------------------------------------------------------------------------------------------
LOB
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF % OF
ADJUSTABLE RATE PRINCIPAL REMAINING
NUMBER OF MORTGAGE LOANS BALANCE TERM TO DEBT-TO MORTGAGE
LOB MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATORS LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
AMC 7,904 $1,398,479,133.06 93.23 351 40.22 7.355 622 77.56
Quest 1 92,419.57 0.01 359 49.00 6.700 515 30.23
TCCC 464 101,428,642.76 6.76 351 38.63 7.050 643 76.59
==============================================================================================================================
TOTAL: 8,369 $1,500,000,195.39 100.00 351 40.12 7.334 623 77.49
------------------------------------------------------------------------------------------------------------------------------
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 7,299 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $1,132,223,964.31, 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, and subject to a permitted variance of plus or minus 5%. None of
the Group I Mortgage Loans had a first Due Date prior to June 1, 2004, or after
February 1, 2005, or will have a remaining term to stated maturity of less than
114 months or greater than 360 months as of the Cut-off Date. The latest
maturity date of any Group I Mortgage Loan is January 1, 2035.
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
COLLATERAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 5,701 $ 879,513,245.33 77.68 356 40.68 7.677 595 78.17
FIXED 1,598 252,710,718.98 22.32 331 37.57 6.557 709 72.93
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
------------------------------------------------------------------------------------------------------------------------------
50,001 - 100,000 2,046 $ 159,796,998.00 14.10 341 38.07 8.433 595 74.32
100,001 - 150,000 1,937 241,108,223.00 21.27 348 39.71 7.678 611 77.37
150,001 - 200,000 1,483 258,734,198.00 22.83 350 39.88 7.261 625 76.82
200,001 - 250,000 903 202,359,887.00 17.85 353 40.62 7.180 624 77.60
250,001 - 300,000 628 172,407,505.00 15.21 355 40.69 6.977 630 77.58
300,001 - 350,000 259 81,970,829.00 7.23 355 42.02 6.858 641 78.57
350,001 - 400,000 27 9,976,999.00 0.88 352 40.32 7.420 643 77.67
400,001 - 450,000 11 4,700,420.00 0.41 359 38.53 6.722 671 79.79
450,001 - 500,000 4 1,864,250.00 0.16 359 32.65 6.940 627 82.21
500,001 - 550,000 1 513,000.00 0.05 239 45.00 6.990 684 90.00
==============================================================================================================================
TOTAL: 7,299 $1,133,432,309.00 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 2,050 $ 160,014,370.58 14.13 341 38.10 8.432 595 74.35
100,000.01 - 150,000.00 1,934 240,590,701.76 21.25 349 39.69 7.678 611 77.36
150,000.01 - 200,000.00 1,482 258,326,258.41 22.82 350 39.88 7.261 625 76.83
200,000.01 - 250,000.00 904 202,405,639.93 17.88 353 40.64 7.181 624 77.59
250,000.01 - 300,000.00 629 172,571,666.77 15.24 355 40.71 6.979 630 77.64
300,000.01 - 350,000.00 258 81,628,090.56 7.21 355 41.92 6.857 641 78.46
350,000.01 - 400,000.00 26 9,618,265.68 0.85 352 40.55 7.410 646 77.97
400,000.01 - 450,000.00 11 4,694,339.65 0.41 359 38.53 6.722 671 79.79
450,000.01 - 500,000.00 4 1,862,616.95 0.16 359 32.65 6.941 627 82.21
500,000.01 - 550,000.00 1 512,014.02 0.05 239 45.00 6.990 684 90.00
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
61 - 120 33 $ 3,079,786.30 0.27 118 32.58 7.134 701 65.81
121 - 180 227 26,693,958.27 2.36 179 36.27 7.017 670 70.96
181 - 240 236 31,575,598.80 2.79 239 38.12 6.876 677 72.46
241 - 300 65 10,516,990.60 0.93 299 38.96 6.342 724 72.43
301 - 360 6,738 1,060,357,630.34 93.65 359 40.17 7.465 616 77.37
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 903 $ 177,652,461.56 15.69 340 37.37 5.839 723 70.68
6.000 - 6.499 723 131,083,902.97 11.58 347 38.97 6.265 668 79.63
6.500 - 6.999 1,289 226,043,799.56 19.96 350 39.76 6.764 633 80.22
7.000 - 7.499 671 106,116,458.36 9.37 353 40.63 7.252 603 78.79
7.500 - 7.999 1,332 201,646,784.39 17.81 355 40.55 7.760 580 77.36
8.000 - 8.499 450 60,498,179.34 5.34 354 40.71 8.261 566 76.04
8.500 - 8.999 719 92,131,869.82 8.14 352 41.04 8.755 567 77.29
9.000 - 9.499 261 30,426,002.73 2.69 357 41.55 9.238 555 75.47
9.500 - 9.999 448 53,722,575.72 4.74 351 42.17 9.770 553 75.92
10.000 - 10.499 153 16,137,934.48 1.43 351 42.61 10.270 548 76.86
10.500 - 10.999 203 21,397,784.83 1.89 353 43.98 10.735 548 74.78
11.000 - 11.499 61 6,188,883.30 0.55 345 40.99 11.263 544 73.87
11.500 - 11.999 55 5,860,236.41 0.52 353 42.89 11.708 551 76.30
12.000 - 12.499 20 1,936,197.23 0.17 351 42.26 12.196 553 76.78
12.500 - 12.999 11 1,380,893.61 0.12 358 46.17 12.709 539 77.78
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
<= 25.00 35 $ 3,566,444.99 0.31 333 36.96 7.654 626 20.47
25.01 - 30.00 30 3,264,023.32 0.29 311 37.51 7.167 658 27.35
30.01 - 35.00 31 4,454,054.00 0.39 341 41.11 6.972 630 32.72
35.01 - 40.00 73 8,680,136.20 0.77 328 35.98 7.108 641 37.97
40.01 - 45.00 94 13,829,164.98 1.22 342 39.74 6.863 666 42.71
45.01 - 50.00 151 21,417,066.99 1.89 338 37.25 7.282 628 47.73
50.01 - 55.00 175 26,061,033.71 2.30 346 38.54 7.120 634 52.67
55.01 - 60.00 355 50,493,458.74 4.46 346 39.16 7.727 595 58.32
60.01 - 65.00 343 51,903,858.35 4.58 344 39.66 7.260 622 63.02
65.01 - 70.00 501 81,776,908.08 7.22 349 40.20 7.385 609 67.86
70.01 - 75.00 1,180 176,731,412.01 15.61 353 40.64 7.908 583 73.77
75.01 - 80.00 1,157 180,711,879.69 15.96 347 39.15 7.068 636 78.70
80.01 - 85.00 1,094 172,542,380.49 15.24 354 40.42 7.653 609 83.65
85.01 - 90.00 1,971 319,989,553.08 28.26 353 40.48 7.323 636 89.17
90.01 - 95.00 109 16,802,589.68 1.48 348 39.51 7.117 690 93.31
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
500 - 519 559 $ 72,981,528.99 6.45 355 43.41 8.905 509 67.58
520 - 539 821 112,239,806.44 9.91 356 41.90 8.765 529 72.08
540 - 559 739 109,224,475.97 9.65 356 40.72 8.260 551 75.99
560 - 579 777 111,845,753.96 9.88 354 39.65 7.993 569 78.84
580 - 599 581 85,222,095.35 7.53 353 40.25 7.802 589 78.25
600 - 619 700 113,616,255.23 10.03 355 40.72 7.381 609 79.97
620 - 639 648 103,918,008.29 9.18 355 39.82 7.199 629 81.74
640 - 659 555 90,174,957.10 7.96 353 39.83 6.906 649 83.02
660 - 679 418 70,100,271.68 6.19 351 40.50 6.682 669 81.16
680 - 699 404 71,682,541.65 6.33 341 37.92 6.459 690 77.92
700 - 719 311 54,339,798.70 4.80 335 40.06 6.362 708 77.80
720 - 739 194 35,108,431.61 3.10 339 37.97 6.154 730 74.33
740 - 759 228 43,932,551.45 3.88 340 36.32 5.993 749 72.12
760 - 779 211 33,566,586.51 2.96 327 36.25 6.040 769 71.90
780 - 799 131 20,972,651.55 1.85 330 35.76 6.008 787 67.94
800 - 819 22 3,298,249.83 0.29 309 32.27 5.935 806 58.05
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
DEBT-TO-INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
<= 20.00 371 $ 49,178,190.03 4.34 344 14.83 7.329 624 74.40
20.01 - 25.00 440 60,724,578.86 5.36 345 23.2 7.287 630 75.12
25.01 - 30.00 629 92,126,287.57 8.14 347 28.15 7.136 638 76.03
30.01 - 35.00 853 130,891,264.00 11.56 348 33.12 7.220 633 76.21
35.01 - 40.00 1,048 160,558,665.87 14.18 348 38.03 7.326 628 76.91
40.01 - 45.00 1,371 221,376,152.39 19.55 351 43.10 7.380 622 77.65
45.01 - 50.00 2,013 332,781,398.41 29.39 353 48.25 7.383 622 79.23
50.01 - 55.00 574 84,587,427.18 7.47 354 53.27 8.710 542 71.86
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
California 881 $ 181,770,416.28 16.05 351 40.45 6.704 636 70.5
Florida 761 106,463,164.97 9.40 352 40.36 7.440 609 78.83
New Jersey 502 93,787,968.50 8.28 355 41.80 7.995 607 74.63
New York 332 66,713,345.44 5.89 347 39.44 7.308 638 71.69
Texas 519 55,923,929.97 4.94 336 39.81 8.125 603 76.68
Maryland 303 51,021,833.57 4.51 351 38.78 7.363 615 78.11
Massachusetts 223 47,743,010.80 4.22 352 39.23 7.065 629 72.95
Michigan 320 39,565,403.02 3.49 354 40.43 7.581 606 82.04
Pennsylvania 273 36,012,193.39 3.18 349 38.91 7.423 612 79.30
Illinois 225 34,960,284.77 3.09 355 41.29 8.346 608 79.01
Minnesota 190 32,176,943.98 2.84 351 40.23 7.188 633 80.45
Rhode Island 161 30,955,012.68 2.73 353 42.47 7.109 616 76.74
Connecticut 156 27,167,782.99 2.40 349 41.62 7.337 631 77.31
Washington 149 25,543,454.40 2.26 352 40.21 6.885 644 80.36
Colorado 131 22,788,906.18 2.01 355 38.95 7.094 634 81.45
Wisconsin 149 20,765,170.42 1.83 348 41.79 7.934 619 80.71
Indiana 165 19,010,600.92 1.68 349 37.02 7.382 625 83.50
Georgia 149 18,997,034.86 1.68 351 39.52 8.463 602 82.89
Missouri 160 18,552,017.98 1.64 349 38.88 7.486 610 81.52
Arizona 124 18,144,400.08 1.60 355 38.42 7.180 618 82.73
Other 1,426 184,161,089.11 16.27 347 38.86 7.663 616 80.09
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
OCCUPATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 6,879 $1,076,062,246.17 95.04 350 40.11 7.409 619 76.86
Non-owner Occupied 331 44,873,940.92 3.96 355 36.96 7.817 639 79.50
Second Home 89 11,287,777.22 1.00 349 39.92 7.632 630 80.59
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Docs 5,348 $ 837,436,255.54 73.96 349 39.72 7.197 627 77.34
Stated Docs 1,068 156,521,277.53 13.82 354 40.92 8.422 604 73.61
Limited Docs 883 138,266,431.24 12.21 352 40.58 7.694 597 78.81
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 6,881 $1,069,466,792.97 94.46 350 40.03 7.432 619 76.85
Refi-No Cashout *** 370 55,361,606.84 4.89 347 39.77 7.258 631 78.86
Purchase 48 7,395,564.50 0.65 355 35.19 7.987 632 84.74
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
** 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
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RISK MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
8A 867 $ 151,732,361.29 13.40 335 36.87 6.060 752 72.17
7A 611 108,114,657.01 9.55 338 38.67 6.417 695 78.15
6A 378 63,652,427.28 5.62 351 40.70 6.594 669 81.18
5A 496 81,267,785.65 7.18 353 39.83 6.849 649 83.43
4A 551 89,251,577.86 7.88 356 39.67 7.069 631 82.49
3A 560 92,588,270.88 8.18 354 40.90 7.255 613 80.32
2A 1,309 197,497,330.36 17.44 354 39.89 7.611 583 80.66
A 488 71,176,926.31 6.29 355 39.54 8.281 574 78.90
B 983 134,045,594.82 11.84 355 42.17 8.717 542 73.60
C 898 121,636,617.89 10.74 354 42.19 8.769 533 69.32
D 158 21,260,414.96 1.88 356 40.78 8.892 524 56.18
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
PROPERTY MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 6,230 $ 950,831,878.38 83.98 350 39.83 7.409 620 77.27
Two-to-Four Family 399 79,068,442.36 6.98 355 41.71 7.772 621 73.54
Condominium 340 53,467,657.42 4.72 353 39.51 7.131 631 76.32
PUD Detached 243 37,823,923.74 3.34 348 41.43 7.464 607 78.40
Single Family Attached 52 5,903,877.27 0.52 356 40.31 8.320 602 76.92
PUD-Attached 24 4,192,639.89 0.37 359 36.81 7.129 617 80.12
Manufactured/Mobile
Housing 11 935,545.25 0.08 358 38.88 8.065 591 71.46
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
PREPAYMENT NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CHARGE TERM AT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 2,466 $ 374,641,513.38 33.09 352 40.54 7.988 606 76.7
12 274 53,242,741.26 4.70 342 40.47 6.731 660 73.55
24 4 415,977.06 0.04 360 40.78 8.792 613 87.44
30 41 8,234,699.47 0.73 350 43.24 7.974 596 81.38
36 4,514 695,689,033.14 61.44 350 39.62 7.171 625 77.37
==============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CONFORMING MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
=============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
-----------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF MAXIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 274 $ 55,101,547.72 6.27 354 38.39 5.844 678 77.36
12.000 - 12.499 470 89,594,232.52 10.19 357 40.31 6.279 644 80.48
12.500 - 12.999 1,062 190,213,944.03 21.63 355 40.06 6.769 619 80.50
13.000 - 13.499 577 93,641,723.08 10.65 356 40.75 7.252 593 78.71
13.500 - 13.999 1,204 186,542,292.29 21.21 357 40.66 7.761 575 77.22
14.000 - 14.499 398 55,052,510.19 6.26 356 41.01 8.261 560 75.81
14.500 - 14.999 643 84,910,163.82 9.65 355 41.26 8.757 563 77.28
15.000 - 15.499 231 27,562,108.52 3.13 358 41.60 9.236 553 75.55
15.500 - 15.999 396 48,866,859.55 5.56 355 42.15 9.769 553 76.19
16.000 - 16.499 137 14,611,794.02 1.66 355 42.67 10.272 549 77.48
16.500 - 16.999 173 18,924,548.11 2.15 355 43.93 10.737 547 75.09
17.000 - 17.499 56 5,807,787.87 0.66 351 41.32 11.265 543 74.68
17.500 - 17.999 52 5,632,728.03 0.64 356 42.66 11.697 553 76.43
18.000 - 18.499 17 1,670,111.97 0.19 359 40.98 12.212 559 77.13
18.500 - 18.999 11 1,380,893.61 0.16 358 46.17 12.709 539 77.78
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF MINIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 274 $ 55,101,547.72 6.27 354 38.39 5.844 678 77.36
6.000 - 6.499 470 89,594,232.52 10.19 357 40.31 6.279 644 80.48
6.500 - 6.999 1,062 190,213,944.03 21.63 355 40.06 6.769 619 80.50
7.000 - 7.499 577 93,641,723.08 10.65 356 40.75 7.252 593 78.71
7.500 - 7.999 1,204 186,542,292.29 21.21 357 40.66 7.761 575 77.22
8.000 - 8.499 398 55,052,510.19 6.26 356 41.01 8.261 560 75.81
8.500 - 8.999 643 84,910,163.82 9.65 355 41.26 8.757 563 77.28
9.000 - 9.499 231 27,562,108.52 3.13 358 41.60 9.236 553 75.55
9.500 - 9.999 396 48,866,859.55 5.56 355 42.15 9.769 553 76.19
10.000 - 10.499 137 14,611,794.02 1.66 355 42.67 10.272 549 77.48
10.500 - 10.999 173 18,924,548.11 2.15 355 43.93 10.737 547 75.09
11.000 - 11.499 56 5,807,787.87 0.66 351 41.32 11.265 543 74.68
11.500 - 11.999 52 5,632,728.03 0.64 356 42.66 11.697 553 76.43
12.000 - 12.499 17 1,670,111.97 0.19 359 40.98 12.212 559 77.13
12.500 - 12.999 11 1,380,893.61 0.16 358 46.17 12.709 539 77.78
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF GROSS MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
3.000-3.249 2 $ 145,950.97 0.02 359 33.59 7.562 592 76.04
3.500-3.749 5 777,947.70 0.09 359 45.67 7.412 660 86.72
3.750-3.999 5 579,515.76 0.07 328 36.77 7.834 597 80.29
4.000-4.249 3 453,138.31 0.05 359 46.35 6.578 615 78.92
4.250-4.499 2 242,883.08 0.03 359 35.99 6.576 696 77.69
4.500-4.749 26 3,819,201.42 0.43 357 41.63 6.675 718 75.34
4.750-4.999 130 24,547,898.97 2.79 357 39.40 6.404 723 82.47
5.000-5.249 230 40,786,390.17 4.64 354 40.10 6.529 688 83.29
5.250-5.499 303 53,062,998.32 6.03 354 40.67 6.578 664 82.57
5.500-5.749 467 77,578,957.88 8.82 356 39.97 6.816 645 83.72
5.750-5.999 589 98,117,869.70 11.16 357 39.78 7.013 621 81.81
6.000-6.249 1,660 262,441,307.63 29.84 355 40.32 7.526 590 80.58
6.250-6.499 485 70,348,975.16 8.00 356 40.25 8.367 566 78.09
6.500-6.749 924 126,754,117.06 14.41 356 41.95 8.716 540 73.12
6.750-6.999 870 119,856,093.20 13.63 356 42.00 8.782 532 67.19
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NEXT RATE NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
ADJUSTMENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2006-06 2 $ 337,227.39 0.04 354 44.82 5.963 676 90.00
2006-07 47 7,130,270.51 0.81 352 42.01 7.728 591 82.52
2006-08 167 26,165,478.90 2.97 353 41.29 7.943 593 83.56
2006-09 183 28,228,271.42 3.21 354 41.75 7.803 605 84.31
2006-10 369 51,401,431.96 5.84 353 40.57 7.797 590 78.06
2006-11 3,692 587,301,160.15 66.78 356 40.67 7.645 594 77.50
2006-12 525 73,116,650.00 8.31 358 41.59 7.799 611 81.19
2007-01 716 105,832,755.00 12.03 357 39.64 7.616 588 76.61
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
INITIAL NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
SUBSEQUENT NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
=============================================================================================================================
TOTAL: 5,701 $ 879,513,245.33 100.00 356 40.68 7.677 595 78.17
-----------------------------------------------------------------------------------------------------------------------------
LOB
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
LOB MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATIONS LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
AMC 6,905 $1,062,288,484.87 93.82 350 40.14 7.452 619 77.17
Quest 1 92,419.57 0.01 359 49 6.700 515 30.23
TCCC 393 69,843,059.87 6.17 349 37.65 7.042 641 74.58
=============================================================================================================================
TOTAL: 7,299 $1,132,223,964.31 100.00 350 39.99 7.427 620 77.00
-----------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 1070 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $367,776,231.08, 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
August 1, 2004 or after February 1, 2005 or will have a remaining term to stated
maturity of less than 176 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group II Mortgage Loan is January 1, 2035.
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
COLLATERAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 858 $ 297,673,316.04 80.94 358 41.10 7.183 614 79.84
FIXED 212 70,102,915.04 19.06 342 38.02 6.473 706 75.41
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
------------------------------------------------------------------------------------------------------------------------------
50,001 - 100,000 230 $ 17,440,258.00 4.74 335 37.79 8.438 610 70.31
100,001 - 150,000 75 9,122,755.00 2.48 356 38.46 7.272 635 73.87
150,001 - 200,000 23 3,994,624.00 1.09 337 40.73 6.917 644 71.12
200,001 - 250,000 13 2,892,550.00 0.79 351 44.06 7.165 635 73.36
250,001 - 300,000 8 2,112,260.00 0.57 358 38.00 7.532 624 83.33
300,001 - 350,000 104 35,528,964.00 9.65 357 41.48 7.028 616 78.32
350,001 - 400,000 181 67,692,186.00 18.39 354 40.72 6.968 625 79.90
400,001 - 450,000 120 50,837,024.00 13.81 355 40.94 7.126 628 81.74
450,001 - 500,000 108 51,680,010.00 14.04 355 41.45 6.950 635 81.61
500,001 - 550,000 58 30,615,415.00 8.32 357 42.59 6.875 641 80.15
550,001 - 600,000 69 39,985,900.00 10.86 357 39.34 6.978 636 79.12
600,001 - 650,000 17 10,631,000.00 2.89 359 40.20 7.247 632 78.35
650,001 - 700,000 31 21,036,078.00 5.71 359 37.56 6.482 662 80.12
700,001 - 750,000 31 22,862,538.00 6.21 359 40.12 6.964 642 73.42
800,001 - 850,000 1 811,000.00 0.22 359 50.00 7.150 649 73.73
850,001 - 900,000 1 880,000.00 0.24 359 32.00 6.650 658 79.49
=============================================================================================================================
TOTAL: 1,070 $ 368,122,562.00 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 230 $ 17,425,032.79 4.74 335 37.79 8.439 610 70.31
100,000.01 - 150,000.00 75 9,115,328.16 2.48 356 38.46 7.272 635 73.87
150,000.01 - 200,000.00 23 3,989,320.55 1.08 337 40.73 6.917 644 71.12
200,000.01 - 250,000.00 13 2,889,927.44 0.79 351 44.06 7.166 635 73.36
250,000.01 - 300,000.00 8 2,109,091.96 0.57 358 38.00 7.532 624 83.33
300,000.01 - 350,000.00 104 35,493,370.46 9.65 357 41.48 7.029 616 78.32
350,000.01 - 400,000.00 181 67,628,329.65 18.39 354 40.72 6.969 625 79.90
400,000.01 - 450,000.00 120 50,783,701.34 13.81 355 40.94 7.127 628 81.73
450,000.01 - 500,000.00 109 52,134,138.85 14.18 355 41.51 6.952 635 81.65
500,000.01 - 550,000.00 58 30,636,419.23 8.33 357 42.57 6.855 644 80.11
550,000.01 - 600,000.00 68 39,401,290.16 10.71 356 39.25 6.992 634 79.07
600,000.01 - 650,000.00 17 10,623,081.15 2.89 359 40.20 7.247 632 78.35
650,000.01 - 700,000.00 31 21,016,714.22 5.71 359 37.56 6.482 662 80.13
700,000.01 - 750,000.00 31 22,840,903.09 6.21 359 40.12 6.965 642 73.42
800,000.01 - 850,000.00 1 810,354.66 0.22 359 50.00 7.150 649 73.73
850,000.01 - 900,000.00 1 879,227.37 0.24 359 32.00 6.650 658 79.49
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MONTHS MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
121 - 180 27 $ 3,296,972.58 0.90 179 33.69 7.27 675 72.03
181 - 240 31 6,687,462.77 1.82 239 41.25 6.750 677 71.66
241 - 300 6 1,996,736.13 0.54 299 35.97 6.745 693 77.14
301 - 360 1,006 355,795,059.60 96.74 359 40.59 7.053 630 79.21
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 125 $ 55,328,801.62 15.04 352 39.55 5.842 712 75.32
6.000 - 6.499 158 65,665,723.91 17.85 356 40.01 6.237 663 80.24
6.500 - 6.999 242 94,461,264.44 25.68 354 39.09 6.748 625 80.64
7.000 - 7.499 141 51,891,551.15 14.11 357 41.38 7.241 608 78.88
7.500 - 7.999 173 50,153,448.35 13.64 355 42.48 7.725 588 78.93
8.000 - 8.499 46 12,040,968.22 3.27 353 40.90 8.263 603 78.08
8.500 - 8.999 81 16,947,115.23 4.61 356 41.91 8.760 581 78.61
9.000 - 9.499 31 7,025,356.92 1.91 356 43.94 9.256 584 76.69
9.500 - 9.999 39 7,717,602.32 2.10 355 42.94 9.770 562 78.34
10.000 - 10.499 10 2,264,994.77 0.62 345 42.47 10.259 573 85.12
10.500 - 10.999 15 3,258,237.17 0.89 351 40.81 10.842 582 79.50
11.000 - 11.499 5 758,571.86 0.21 359 40.03 11.180 642 83.18
11.500 - 11.999 1 74,727.13 0.02 359 39.00 11.700 522 65.00
12.000 - 12.499 2 126,283.76 0.03 360 53.10 12.145 522 66.51
12.500 - 12.999 1 61,584.23 0.02 359 54.00 12.500 503 55.00
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
LOAN-TO-VALUE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 3 $ 1,141,285.81 0.31 359 43.77 6.649 670 33.35
35.01 - 40.00 7 1,444,523.32 0.39 308 39.81 6.453 695 37.63
40.01 - 45.00 4 1,111,136.95 0.30 349 31.09 6.842 647 44.17
45.01 - 50.00 14 5,000,424.27 1.36 356 45.51 7.166 607 47.43
50.01 - 55.00 24 5,584,091.11 1.52 344 28.18 7.218 643 52.71
55.01 - 60.00 33 9,243,040.66 2.51 350 32.94 7.068 622 57.85
60.01 - 65.00 89 16,693,818.25 4.54 351 42.42 7.510 598 63.44
65.01 - 70.00 95 28,923,911.31 7.86 354 38.70 6.856 640 67.99
70.01 - 75.00 163 44,344,963.31 12.06 353 40.49 7.256 605 73.40
75.01 - 80.00 192 64,086,059.34 17.43 353 40.21 6.675 647 78.39
80.01 - 85.00 171 76,272,897.19 20.74 358 41.07 7.152 627 83.77
85.01 - 90.00 268 111,296,772.27 30.26 356 41.57 7.092 640 89.02
90.01 - 95.00 7 2,633,307.29 0.72 354 42.20 6.832 631 92.67
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RANGE OF MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
500 - 519 22 $ 5,418,808.11 1.47 347 40.65 8.230 507 70.33
520 - 539 66 18,890,171.54 5.14 358 43.78 8.414 529 71.97
540 - 559 81 23,615,885.70 6.42 358 42.27 7.749 552 76.61
560 - 579 115 38,090,194.15 10.36 357 41.61 7.671 569 79.26
580 - 599 96 33,153,057.07 9.01 357 40.66 7.506 590 78.98
600 - 619 143 47,485,348.12 12.91 358 41.67 7.143 610 78.74
620 - 639 118 41,222,229.46 11.21 357 39.92 7.022 630 81.44
640 - 659 117 44,216,079.13 12.02 357 39.74 6.809 647 82.63
660 - 679 88 30,833,265.06 8.38 348 38.80 6.503 669 80.52
680 - 699 80 30,636,434.87 8.33 354 42.23 6.482 689 80.42
700 - 719 47 17,080,441.07 4.64 352 38.74 6.486 709 77.42
720 - 739 29 11,347,233.59 3.09 344 41.73 6.337 728 79.69
740 - 759 35 13,456,117.45 3.66 352 38.04 5.965 751 76.81
760 - 779 17 6,168,290.65 1.68 341 35.18 6.016 769 73.14
780 - 799 15 5,621,597.11 1.53 345 28.81 5.802 793 74.83
800 - 819 1 541,078.00 0.15 360 46.00 5.500 801 69.37
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
DEBT-TO-INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
<= 20.00 73 $ 25,291,833.40 6.88 354 14.18 7.003 646 74.44
20.01 - 25.00 58 18,063,677.54 4.91 349 23.43 6.797 642 77.97
25.01 - 30.00 71 19,663,991.81 5.35 354 28.05 6.986 638 78.74
30.01 - 35.00 93 28,261,250.32 7.68 352 33.09 6.836 644 78.61
35.01 - 40.00 153 53,879,089.68 14.65 356 38.09 7.016 631 79.88
40.01 - 45.00 181 66,275,113.22 18.02 357 43.29 7.019 641 78.69
45.01 - 50.00 349 122,073,652.07 33.19 355 48.34 7.092 630 80.68
50.01 - 55.00 92 34,267,623.04 9.32 355 52.83 7.371 594 76.58
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
California 370 $ 155,825,295.78 42.37 356 41.23 6.810 632 78.28
New York 74 34,012,198.70 9.25 358 41.25 7.104 628 79.09
Florida 98 23,933,568.79 6.51 355 37.53 7.175 628 78.61
Massachusetts 40 19,998,908.48 5.44 359 40.24 7.147 623 80.76
Maryland 41 17,146,863.18 4.66 358 41.11 7.120 633 79.57
Minnesota 31 10,583,745.56 2.88 359 39.22 7.345 631 85.33
New Jersey 20 9,437,636.31 2.57 357 41.52 7.559 634 79.19
Illinois 20 8,611,903.20 2.34 359 37.60 7.867 635 82.96
Pennsylvania 14 7,001,962.38 1.90 355 38.85 6.640 649 80.99
Colorado 20 6,805,970.82 1.85 356 44.09 6.861 657 77.56
Connecticut 16 6,707,531.03 1.82 335 41.49 7.064 630 81.49
Nevada 19 6,408,006.82 1.74 349 41.93 7.224 613 78.75
Michigan 26 5,910,371.74 1.61 357 40.23 7.461 621 82.84
Washington 27 5,686,676.96 1.55 351 36.77 6.834 649 78.49
Georgia 32 5,571,822.22 1.52 350 34.85 7.905 615 79.77
Arizona 27 5,401,840.73 1.47 356 35.14 7.073 629 76.87
Ohio 28 4,303,079.60 1.17 336 45.56 7.334 608 81.35
Texas 14 3,993,406.51 1.09 346 41.79 8.011 618 72.82
North Carolina 20 3,378,067.52 0.92 350 45.31 8.021 644 84.52
Maine 10 2,718,457.88 0.74 359 31.83 7.897 625 69.60
Other 123 24,338,916.87 6.62 348 40.35 7.047 645 77.29
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
OCCUPATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,038 $ 357,225,681.69 97.13 355 40.65 7.045 631 78.84
Non-owner Occupied 20 6,273,899.14 1.71 357 35.09 7.168 661 83.40
Second Home 12 4,276,650.25 1.16 359 37.12 7.130 653 85.99
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Docs 811 $ 280,355,910.40 76.23 354 40.37 6.919 635 78.99
Stated Docs 92 33,301,107.28 9.05 357 42.79 7.758 635 77.17
Limited Docs 167 54,119,213.40 14.72 356 39.89 7.281 615 80.13
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 1,020 $ 351,634,825.19 95.61 355 40.52 7.056 630 79.00
Refi-No Cashout *** 41 12,680,625.62 3.45 338 41.25 6.709 670 77.24
Purchase 9 3,460,780.27 0.94 359 37.36 7.508 630 85.53
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
** 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
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
RISK MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
8A 118 $ 44,956,497.74 12.22 346 37.53 6.100 747 76.57
7A 101 38,474,801.33 10.46 355 41.52 6.482 693 80.22
6A 85 30,603,168.03 8.32 348 38.87 6.491 669 80.62
5A 106 42,090,715.30 11.44 358 39.95 6.771 647 83.63
4A 109 37,944,654.24 10.32 357 40.27 6.963 630 81.59
3A 110 36,415,139.49 9.90 358 42.35 7.100 612 79.58
2A 225 77,529,110.06 21.08 357 40.18 7.340 582 79.35
A 61 21,671,714.10 5.89 358 40.55 7.968 578 76.13
B 108 26,668,226.46 7.25 357 45.49 8.423 546 73.06
C 43 10,208,320.61 2.78 353 42.88 8.333 526 70.88
D 4 1,213,883.72 0.33 352 25.02 8.699 533 57.78
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
PROPERTY MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 701 $ 301,585,619.07 82.00 356 40.79 6.976 633 79.4
Manufactured/ Mobile 284 29,058,535.91 7.90 346 37.60 7.790 624 70.79
Housing
PUD 39 16,119,091.96 4.38 354 39.97 6.934 628 80.89
Condominium 22 9,743,241.77 2.65 359 41.37 7.031 616 83.81
2-4 Units 20 9,588,100.65 2.61 355 41.5 7.226 650 81.40
PUD-Attached 3 1,449,759.50 0.39 359 34.43 6.931 633 89.45
SFR-Attached 1 231,882.22 0.06 359 49.00 9.350 571 87.34
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
PREPAYMENT NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CHARGE TERM AT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 301 $ 110,942,025.93 30.17 356 40.21 7.476 630 79.75
12 17 7,869,116.39 2.14 355 42.87 6.494 682 73.37
24 7 2,873,892.39 0.78 359 35.00 6.705 627 84.77
30 3 1,262,536.20 0.34 358 48.72 6.706 658 89.61
36 742 244,828,660.17 66.57 354 40.60 6.877 631 78.71
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO MORTGAGE
CONFORMING MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 350 $ 35,831,062.73 9.74 343 38.66 7.828 622 72.19
Non-Conforming Balance 720 331,945,168.35 90.26 356 40.72 6.964 633 79.73
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF MAXIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 74 $ 32,401,151.88 10.88 358 41.01 5.861 690 79.39
12.000 - 12.499 108 44,833,479.45 15.06 359 40.78 6.256 641 81.07
12.500 - 12.999 213 83,617,650.34 28.09 358 39.57 6.753 617 80.44
13.000 - 13.499 111 42,650,340.83 14.33 359 41.51 7.248 595 78.91
13.500 - 13.999 150 47,129,741.19 15.83 357 42.54 7.726 583 79.41
14.000 - 14.499 41 10,647,744.83 3.58 354 41.15 8.282 598 80.20
14.500 - 14.999 70 16,093,514.63 5.41 358 42.31 8.760 578 78.77
15.000 - 15.499 27 6,694,133.42 2.25 357 44.65 9.252 584 76.76
15.500 - 15.999 35 7,428,678.76 2.50 357 43.32 9.772 561 78.65
16.000 - 16.499 8 2,126,026.56 0.71 349 42.21 10.263 569 85.94
16.500 - 16.999 13 3,095,987.17 1.04 359 40.53 10.843 584 79.82
17.000 - 17.499 5 758,571.86 0.25 359 40.03 11.180 642 83.18
17.500 - 17.999 1 74,727.13 0.03 359 39.00 11.70 522 65.00
18.000 - 18.499 1 59,983.76 0.02 359 51.00 12.25 511 68.18
18.500 - 18.999 1 61,584.23 0.02 359 54.00 12.50 503 55.00
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.10 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF MINIMUM MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 74 $ 32,401,151.88 10.88 358 41.01 5.861 690 79.39
6.000 - 6.499 108 44,833,479.45 15.06 359 40.78 6.256 641 81.07
6.500 - 6.999 213 83,617,650.34 28.09 358 39.57 6.753 617 80.44
7.000 - 7.499 111 42,650,340.83 14.33 359 41.51 7.248 595 78.91
7.500 - 7.999 150 47,129,741.19 15.83 357 42.54 7.726 583 79.41
8.000 - 8.499 41 10,647,744.83 3.58 354 41.15 8.282 598 80.20
8.500 - 8.999 70 16,093,514.63 5.41 358 42.31 8.760 578 78.77
9.000 - 9.499 27 6,694,133.42 2.25 357 44.65 9.252 584 76.76
9.500 - 9.999 35 7,428,678.76 2.50 357 43.32 9.772 561 78.65
10.000 - 10.499 8 2,126,026.56 0.71 349 42.21 10.263 569 85.94
10.500 - 10.999 13 3,095,987.17 1.04 359 40.53 10.843 584 79.82
11.000 - 11.499 5 758,571.86 0.25 359 40.03 11.180 642 83.18
11.500 - 11.999 1 74,727.13 0.03 359 39.00 11.700 522 65.00
12.000 - 12.499 1 59,983.76 0.02 359 51.00 12.250 511 68.18
12.500 - 12.999 1 61,584.23 0.02 359 54.00 12.500 503 55.00
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.10 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
RANGE OF GROSS MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
3.500 - 3.749 1 $ 89,937.74 0.03 359 24.00 7.85 615 75.00
4.500 - 4.749 4 1,249,452.44 0.42 358 41.38 6.572 721 84.50
4.750 - 4.999 34 14,327,732.81 4.81 358 37.53 6.148 737 80.30
5.000 - 5.249 58 22,414,458.67 7.53 358 43.70 6.713 685 84.12
5.250 - 5.499 67 24,068,805.81 8.09 359 40.62 6.426 662 83.04
5.500 - 5.749 92 36,418,030.74 12.23 359 39.40 6.747 644 84.33
5.750 - 5.999 122 45,246,076.26 15.20 358 40.11 7.038 619 80.04
6.000 - 6.249 293 103,220,544.96 34.68 358 41.03 7.272 588 79.73
6.250 - 6.499 55 18,184,587.61 6.11 358 42.06 8.063 573 74.12
6.500 - 6.749 101 24,648,621.33 8.28 358 45.01 8.511 542 73.02
6.750 - 6.999 31 7,805,067.67 2.62 352 41.97 8.321 524 70.41
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.10 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NEXT RATE NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
ADJUSTMENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2006-07 5 $ 2,060,290.26 0.69 355 43.59 8.182 576 87.41
2006-08 16 6,189,636.84 2.08 356 39.85 7.096 625 89.04
2006-09 32 11,525,252.37 3.87 357 39.57 7.284 618 84.64
2006-10 45 15,569,368.25 5.23 354 40.66 7.212 611 81.74
2006-11 611 211,462,735.32 71.04 358 41.33 7.163 615 79.26
2006-12 75 23,415,179.00 7.87 359 40.28 7.262 623 80.33
2007-01 74 27,450,854.00 9.22 360 41.08 7.160 606 78.15
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.10 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
INITIAL NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 858 $ 297,673,316.04 100.00 358 41.1 7.183 614 79.84
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.1 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
SUBSEQUENT NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
PERIODIC MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 858 $ 297,673,316.04 100.00 358 41.1 7.183 614 79.84
=============================================================================================================================
TOTAL: 858 $ 297,673,316.04 100.00 358 41.1 7.183 614 79.84
-----------------------------------------------------------------------------------------------------------------------------
LOB
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF
ADJUSTABLE ADJUSTABLE REMAINING
NUMBER OF RATE LOANS RATE LOANS TERM TO DEBT-TO MORTGAGE
LOB MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES OLTV
ORIGINATIONS LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
AMC 999 $ 336,190,648.19 91.41 355 40.49 7.046 630 78.8
TCCC 71 31,585,582.89 8.59 355 40.80 7.068 646 81.05
=============================================================================================================================
TOTAL: 1,070 $ 367,776,231.08 100.00 355 40.52 7.048 632 79.00
-----------------------------------------------------------------------------------------------------------------------------
