EXHIBIT 99.1
The pool (the "Mortgage Pool") delivered to the trust (the "Mortgage
Loans") consists of conventional, one-to four- family, fixed-rate mortgage
loans. The Depositor purchased the Mortgage Loans from the Seller pursuant to
the Mortgage Loan Purchase Agreement, dated April 8, 2004 (the " Mortgage Loan
Purchase Agreement"), between the Seller and the Depositor. 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 caused the Mortgage Loans to be assigned to the Trustee for the
benefit of the certificateholders.
The Mortgage Loans are secured by mortgages or deeds of trust or other
similar security instruments creating first liens on residential properties (the
"Mortgaged Properties") consisting of attached, detached or semi-detached one-to
four-family dwelling units, individual condominium units or individual units in
planned unit developments and manufactured housing. The Mortgage Loans have
original terms to maturity of not greater than 30 years from the date on which
the first payment was due on each Mortgage Loan with principal balances at
origination that may or may not conform to ▇▇▇▇▇▇▇ Mac or ▇▇▇▇▇▇ Mae loan
limits.
Approximately 94.64% of the Mortgage Loans were originated or acquired
by Ameriquest and approximately 5.36% of the Mortgage Loans were originated by
the Seller's affiliate Town & Country Credit Corporation ("Town & Country" and
together with Ameriquest, the "Originators"), in each case, by aggregate
scheduled principal balance of the Mortgage Loans as of the Cut-off Date.
The Mortgage Loans have scheduled monthly payments due on the first day
of the month (with respect to each Mortgage Loan, a "Due Date"). Each Mortgage
Loan contains 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 are Buydown Mortgage Loans.
Approximately 90.04% of the Mortgage Loans, by aggregate scheduled
principal balances as of the Cut-off Date, provide for payment by the mortgagor
of a prepayment charge on certain principal prepayments, subject to certain
limitations in the related mortgage note and limitations upon collection in the
Pooling and Servicing Agreement. Generally, each such Mortgage Loan will provide
for payment of a prepayment charge on certain prepayments made within a defined
period set forth in the related Mortgage Note (generally within the first three
years but possibly as short as one year from the date of origination of such
Mortgage Loan). The amount of the prepayment charge is as provided in the
related Mortgage Note. The holders of the Class P Certificates will be entitled
to all prepayment charges received on the Mortgage Loans, 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.
MORTGAGE LOAN STATISTICS
The Mortgage Loans consist of 3,777 fixed-rate Mortgage Loans having an
aggregate principal balance as of the Cut-off Date of approximately
$699,999,866.82, 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 Closing Date. None of the Mortgage Loans had
a first Due Date prior to October 2003 or after June 2004, or will have a
remaining term to stated maturity of less than 116 months or greater than 360
months as of the Cut-off Date. The latest maturity date of any Mortgage Loan is
May 2034.
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COLLATERAL TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Fixed Rate................ 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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PRINCIPAL BALANCES AT ORIGINATION
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PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
PRINCIPAL BALANCES MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
AT ORIGINATION ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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50,000.01 - 100,000.00.. 882 $71,791,469.00 10.25% 321 36.35 7.401 636 76.53
100,000.01 - 150,000.00... 1,027 128,692,450.00 18.37 334 36.91 6.930 641 81.18
150,000.01 - 200,000.00... 721 125,304,787.00 17.88 341 37.52 6.638 647 81.49
200,000.01 - 250,000.00... 389 87,303,279.00 12.46 343 38.07 6.547 651 80.72
250,000.01 - 300,000.00... 246 67,370,817.00 9.61 348 39.40 6.507 652 82.08
300,000.01 - 350,000.00... 144 47,151,919.00 6.73 356 39.15 6.302 666 83.03
350,000.01 - 400,000.00... 100 37,372,666.00 5.33 354 38.03 6.187 683 82.23
400,000.01 - 450,000.00... 80 34,090,949.00 4.87 349 38.20 6.222 673 79.91
450,000.01 - 500,000.00... 60 28,684,681.00 4.09 349 36.31 6.198 678 80.07
500,000.01 - 550,000.00... 44 23,240,489.00 3.32 347 35.91 6.061 694 80.59
550,000.01 - 600,000.00... 78 45,562,186.00 6.50 354 37.61 6.121 686 78.46
600,000.01 - 650,000.00... 1 644,500.00 0.09 357 42.00 6.450 692 68.56
650,000.01 - 700,000.00... 3 2,050,999.00 0.29 299 37.08 5.763 712 63.24
700,000.01 - 750,000.00... 2 1,458,000.00 0.21 358 34.34 5.873 683 58.07
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TOTAL..................... 3,777 $700,719,191.00 100.00% 342 37.61 6.604 656 80.55
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*Based on the original balances of the Mortgage Loans.
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PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
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PRINCIPAL REMAINING
BALANCE OF PRINICPAL NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
BALANCES AS OF THE CUT- MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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50,000.01 - 100,000.00.. 883 $71,777,080.00 10.25% 321 36.37 7.405 636 76.55
100,000.01 - 150,000.00... 1,029 128,908,688.10 18.42 334 36.91 6.924 641 81.20
150,000.01 - 200,000.00... 720 125,138,913.56 17.88 342 37.48 6.638 647 81.39
200,000.01 - 250,000.00... 388 87,066,465.61 12.44 343 38.15 6.549 651 80.87
250,000.01 - 300,000.00... 245 67,044,234.42 9.58 348 39.38 6.510 652 82.04
300,000.01 - 350,000.00... 144 47,114,237.06 6.73 356 39.15 6.302 666 83.03
350,000.01 - 400,000.00... 101 37,741,545.68 5.39 354 38.15 6.204 682 82.31
400,000.01 - 450,000.00... 79 33,667,656.84 4.81 349 38.07 6.204 673 79.79
450,000.01 - 500,000.00... 60 28,664,761.43 4.09 349 36.31 6.197 678 80.07
500,001.00 - 550,000.00... 44 23,215,475.52 3.32 347 35.91 6.061 694 80.59
550,000.01 - 600,000.00... 78 45,511,610.31 6.50 354 37.61 6.121 686 78.46
600,000.01 - 650,000.00... 1 642,725.54 0.09 357 42.00 6.450 692 68.56
650,000.01 - 700,000.00... 3 2,050,999.00 0.29 299 37.08 5.763 712 63.24
700,000.01 - 750,000.00... 2 1,455,473.75 0.21 358 34.35 5.873 683 58.07
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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STATED REMAINING TERM TO MATURITY
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
RANGE OF MONTHS MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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60.01-120.00............ 28 $ 3,358,752.52 0.48% 119 34.28 6.662 659 72.07
120.01-180.00............ 241 32,241,086.97 4.61 179 34.38 6.611 662 76.85
180.01-240.00............ 257 38,068,934.17 5.44 239 36.65 6.618 663 79.45
240.01-300.00............ 72 13,037,422.89 1.86 299 37.81 6.315 668 79.12
300.01-360.00............ 3,179 613,293,670.27 87.61 359 37.85 6.608 655 80.89
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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MORTGAGE RATE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
RANGE OF CURRENT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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5.000- 5.499............ 10 $ 2,639,351.57 0.38% 339 36.47 5.350 750 76.11
5.500- 5.999............ 1,034 238,873,121.70 34.12 341 36.39 5.784 701 79.44
6.000- 6.499............ 739 153,733,752.53 21.96 343 37.56 6.235 666 82.60
6.500- 6.999............ 829 146,763,423.06 20.97 345 37.98 6.713 647 83.68
7.000- 7.499............ 203 31,370,049.37 4.48 346 38.10 7.242 620 80.94
7.500- 7.999............ 432 62,523,760.44 8.93 340 39.12 7.759 596 79.42
8.000- 8.499............ 131 19,391,593.40 2.77 341 39.34 8.248 566 73.95
8.500- 8.999............ 220 26,432,369.39 3.78 344 38.43 8.734 553 73.53
9.000- 9.499............ 58 6,513,428.83 0.93 347 41.00 9.294 557 72.68
9.500- 9.999............ 70 7,132,046.85 1.02 320 43.27 9.754 564 74.15
10.000-10.499............ 20 1,903,800.58 0.27 350 44.52 10.265 545 73.50
10.500-10.999............ 18 1,577,627.04 0.23 358 38.90 10.773 548 76.42
11.000-11.499............ 5 525,840.59 0.08 309 44.81 11.293 532 73.73
11.500-11.999............ 5 394,732.68 0.06 340 41.33 11.749 553 74.77
12.000-12.499............ 2 145,959.02 0.02 308 25.82 12.130 542 77.05
12.500-12.999............ 1 79,009.77 0.01 358 36.00 12.550 599 85.00
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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ORIGINAL LOAN-TO-VALUE RATIOS
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PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
LOAN-TO-VALUE RATIOS MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
(%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Less than 25.000.......... 3 $ 233,799.28 0.03% 359 36.77 7.081 684 18.28
25.001-30.000............ 5 442,802.20 0.06 335 39.78 7.147 659 26.83
30.001-35.000............ 13 1,562,957.49 0.22 316 32.79 6.388 678 31.92
35.001-40.000............ 23 3,555,476.47 0.51 305 40.65 6.752 643 37.63
40.001-45.000............ 24 3,362,062.69 0.48 325 34.40 6.768 652 42.36
45.001-50.000............ 41 6,516,519.67 0.93 304 33.60 6.531 666 47.85
50.001-55.000............ 56 8,622,664.77 1.23 336 37.23 6.920 643 53.06
55.001-60.000............ 111 18,118,444.55 2.59 342 37.53 7.149 624 58.27
60.001-65.000............ 126 24,483,602.41 3.50 331 35.62 6.557 663 62.60
65.001-70.000............ 190 35,545,753.03 5.08 334 37.95 6.643 652 67.95
70.001-75.000............ 529 88,996,678.85 12.71 345 38.49 7.171 617 73.39
75.001-80.000............ 549 107,483,480.08 15.35 342 37.68 6.447 661 78.54
80.001-85.000............ 524 101,173,905.68 14.45 344 36.03 6.516 659 83.28
85.001-90.000............ 1,348 257,763,769.51 36.82 345 38.11 6.482 662 88.99
90.001-95.000............ 235 42,137,950.14 6.02 345 38.02 6.445 697 93.39
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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FICO SCORE AT ORIGINATION
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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500-519................... 184 $23,392,592.61 3.34% 339 41.87 8.677 509 69.40
520-539................... 108 15,455,327.84 2.21 343 41.15 8.568 529 71.92
540-559................... 172 24,450,505.80 3.49 346 38.82 7.982 552 75.93
560-579................... 178 25,567,819.44 3.65 343 38.27 7.814 569 76.49
580-599................... 171 25,728,646.23 3.68 342 37.50 7.759 589 78.56
600-619................... 204 34,139,242.47 4.88 344 38.36 7.135 609 79.02
620-639................... 466 84,640,499.63 12.09 347 38.91 6.748 629 82.78
640-659................... 593 113,927,274.28 16.28 344 37.45 6.390 649 83.25
660-679................... 450 92,774,245.98 13.25 342 36.83 6.319 669 81.88
680-699................... 418 86,442,865.59 12.35 342 37.07 6.168 688 82.69
700-719................... 330 71,126,445.11 10.16 341 38.35 5.983 710 81.73
720-739................... 281 55,301,759.08 7.90 338 34.96 5.983 728 80.33
740-759................... 130 28,303,966.64 4.04 337 36.40 5.851 749 77.16
760-779................... 70 14,896,517.28 2.13 337 35.54 5.800 768 79.80
780-799................... 20 3,632,386.76 0.52 322 27.38 5.731 785 66.84
800-819................... 2 219,772.08 0.03 180 30.09 5.705 809 70.68
----------------------------- ------------- ------------------- ----------------- ------------- ---------- ---------- ------- ------
TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
----------------------------- ------------- ------------------- ----------------- ------------- ---------- ---------- ------- ------
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DEBT-TO-INCOME RATIO
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
RANGE OF DEBT-TO- MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
INCOME RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Less than 20.000.......... 314 $58,375,636.01 8.34% 331 14.38 6.494 667 77.85
20.001-25.000............ 288 48,540,123.29 6.93 338 23.23 6.533 660 79.97
25.001-30.000............ 404 68,911,508.88 9.84 336 28.16 6.508 664 81.38
30.001-35.000............ 448 83,820,776.24 11.97 342 33.12 6.495 661 80.49
35.001-40.000............ 569 103,477,089.65 14.78 347 38.22 6.567 654 81.25
40.001-45.000............ 689 133,850,446.21 19.12 343 42.92 6.609 657 81.03
45.001-50.000............ 898 170,751,516.73 24.39 344 48.15 6.611 655 81.55
50.001-55.000............ 167 32,272,769.81 4.61 348 53.18 7.454 608 75.30
----------------------------- ------------- ------------------- ----------------- ------------- ---------- ---------- ------- ------
TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
----------------------------- ------------- ------------------- ----------------- ------------- ---------- ---------- ------- ------
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Alabama................... 93 $11,191,252.39 1.60% 318 35.68 7.159 657 85.29
Arizona................... 86 14,425,686.18 2.06 346 35.60 6.434 662 85.01
California................ 619 172,422,832.35 24.63 352 38.04 6.266 671 78.93
Colorado.................. 63 13,655,798.05 1.95 351 38.66 6.520 665 84.24
Connecticut............... 101 18,211,189.20 2.60 337 36.85 6.443 674 78.30
Florida................... 557 75,737,033.51 10.82 339 37.78 6.932 636 81.11
Illinois.................. 58 8,760,941.98 1.25 332 38.86 7.296 637 80.92
Indiana................... 77 9,131,291.44 1.30 333 34.21 6.745 646 83.81
Maryland.................. 96 17,779,372.64 2.54 334 36.40 6.793 655 81.38
Massachusetts............. 171 41,439,518.43 5.92 344 36.70 6.475 665 78.18
Michigan.................. 163 24,704,451.15 3.53 346 38.40 6.787 644 83.84
Minnesota................. 86 16,452,530.37 2.35 346 38.04 6.507 664 84.07
New Hampshire............. 52 10,223,814.97 1.46 351 40.67 6.447 656 79.98
New York.................. 265 74,148,302.06 10.59 347 38.77 6.536 651 77.33
Pennsylvania.............. 204 27,511,631.05 3.93 326 38.36 6.634 655 83.28
Rhode Island.............. 57 11,478,706.65 1.64 349 38.43 6.440 645 79.52
Tennessee................. 91 11,794,200.47 1.68 313 35.80 7.072 640 83.33
Texas..................... 154 20,709,741.74 2.96 313 39.75 7.135 631 78.44
Washington................ 134 24,313,796.50 3.47 351 35.65 6.524 656 82.69
Wisconsin................. 94 15,324,357.31 2.19 341 37.72 6.758 650 83.05
Other..................... 556 80,583,418.38 11.51 335 36.24 6.803 654 82.13
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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OCCUPANCY STATUS
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Owner Occupied............ 3,558 $665,575,008.54 95.08% 342 37.83 6.598 655 80.72
Non-Owner Occupied........ 183 28,971,026.03 4.14 341 32.48 6.716 678 76.35
Second Home............... 36 5,453,832.25 0.78 355 37.50 6.667 667 82.48
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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*Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Full Documentation........ 2,794 $521,800,859.22 74.54% 342 37.62 6.549 658 81.41
Stated Documentation...... 383 68,205,927.54 9.74 345 39.39 6.935 657 73.18
Limited Documentation..... 600 109,993,080.06 15.71 342 36.47 6.660 646 81.07
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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LOAN PURPOSE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Refinance-Debt 3,205 $598,470,301.61 85.50% 342 37.51 6.635 654 80.47
Consolidation Cash Out**..
Refinance-Debt
Consolidation No Cash Out*** 567 99,969,185.28 14.28 344 38.10 6.410 671 80.86
Purchase.................. 5 1,560,379.93 0.22 359 43.75 6.908 665 91.51
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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** 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.
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CREDIT GRADE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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8A........................ 698 $143,549,574.63 20.51% 338 36.20 5.907 734 79.34
7A........................ 546 115,041,333.65 16.43 341 37.28 6.141 692 83.12
6A........................ 440 90,818,560.16 12.97 342 36.80 6.299 669 81.88
5A........................ 581 111,928,655.91 15.99 344 37.64 6.376 649 83.30
4A........................ 431 79,845,252.19 11.41 348 38.87 6.698 630 83.17
3A........................ 165 28,868,007.20 4.12 344 38.12 6.923 616 79.04
2A........................ 439 65,487,148.17 9.36 342 38.22 7.565 581 79.15
A......................... 44 6,515,761.06 0.93 354 36.47 8.368 578 74.51
B......................... 88 11,440,364.28 1.63 344 42.38 8.629 545 74.57
C......................... 308 42,027,304.32 6.00 339 40.25 8.539 535 70.67
D......................... 37 4,477,905.25 0.64 339 36.81 9.007 523 58.63
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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PROPERTY TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Single Family Detached.... 3,229 $592,095,426.98 84.59% 342 37.68 6.610 654 81.02
Two-to Four Family........ 174 42,115,316.00 6.02 347 36.00 6.628 673 75.49
Condominium .............. 172 28,442,145.12 4.06 333 38.35 6.458 671 78.51
PUD Detached.............. 120 28,102,306.47 4.01 351 38.72 6.476 657 81.44
Manufactured Housing...... 68 7,787,502.58 1.11 342 34.46 6.849 649 76.53
PUD Attached.............. 6 860,084.99 0.12 359 41.54 6.978 635 88.49
Single Family Attached.... 8 597,084.68 0.09 323 30.77 7.690 594 77.06
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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PREPAYMENT CHARGE TERM
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PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
TERM AT ORIGINATION MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
(MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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0......................... 470 $69,698,831.45 9.96% 327 38.48 7.219 638 79.02
12........................ 369 100,168,679.11 14.31 348 38.29 6.440 657 77.96
24........................ 11 4,078,021.92 0.58 333 36.05 6.152 667 76.23
30........................ 9 1,912,851.73 0.27 359 38.81 6.742 642 89.84
36........................ 2,918 524,141,482.61 74.88 343 37.37 6.556 658 81.25
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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CONFORMING BALANCE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Conforming................ 3,384 $520,686,298.33 74.38% 339 37.53 6.767 647 80.73
Non-Conforming............ 393 179,313,568.49 25.62 351 37.84 6.131 682 80.06
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TOTAL..................... 3,777 $699,999,866.82 100.00% 342 37.61 6.604 656 80.55
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