XXXXXX XXXXXXX 2003-SD1 Mortgage Loan Characteristics
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AGGREGATE POOL PERFORMING
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COLLATERAL CHARACTERISTICS: COLLATERAL CHARACTERISTICS:
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Principal Balance of Statistical Loan Group: 174,511,813.17 Principal Balance of Statistical Loan Group: 151,755,726.21
Percent of Aggregate Pool: 100.00% Percent of Aggregate Pool: 86.96%
Maximum Balance: 1,099,234.73 Maximum Balance: 1,099,234.73
Minimum Balance: 134.64 Minimum Balance: 134.64
Average Balance: 111,580.44 Average Balance: 113,759.91
Number of Loans: 1564 Number of Loans: 1334
Fixed/Floating: Fixed/Floating:
-FRM Percentage: 38.46 -FRM Percentage: 39.24
-ARM Percentage: 61.54 -ARM Percentage: 60.76
Wtd Avg Coupon: 8.882 Wtd Avg Coupon: 8.750
Wtd Avg Margin: 6.414 Wtd Avg Margin: 6.473
Wtd Avg Max Rate: 15.355 Wtd Avg Max Rate: 15.219
Wtd Avg Orig Term (mths): 347 Wtd Avg Orig Term (mths): 000
Xxx Xxx Xxx Rem Term (mths): 316 Wtd Avg Std Rem Term (mths): 317
Wtd Avg Seasoning (mths): 30 Wtd Avg Seasoning (mths): 28
% Owner Occupied: 91.26 % Owner Occupied: 90.47
State Concentration (TOP 3): CA(31%),NY(8%),FL(6%) State Concentration (TOP 3): CA(33%),NY(8%),FL(6%)
Lien Composition: Lien Composition:
% 1st Lien: 98.07 % 1st Lien: 97.88
% 2nd Lien: 1.93 % 2nd Lien: 2.12
% Cashout Refinance: 51.78 % Cashout Refinance: 52.43
% Purchase: 36.07 % Purchase: 35.98
% Rate Term Refinance: 10.53 % Rate Term Refinance: 10.32
% Full Documentation: 56.79 % Full Documentation: 58.00
% Stated Documentation: 12.50 % Stated Documentation: 13.72
% Limited Documentation: 13.05 % Limited Documentation: 12.16
% Other: 17.65 % Other: 16.12
Wtd Avg FICO: 603.3 Wtd Avg FICO: 610.0
% FICO below 600 (inc. N/A): 50.26 % FICO below 600 (inc. N/A): 45.85
% FICO below 550 (inc. N/A): 24.10 % FICO below 550 (inc. N/A): 20.16
% FICO below 500 (inc. N/A): 3.32 % FICO below 500 (inc. N/A): 2.19
% w/ Prepay Penalty: 58.87 % w/ Prepay Penalty: 61.77
% w/ Mort Insurance: 1.38 % w/ Mort Insurance: 1.18
Wtd Avg Comb Amortized LTV: 79.10 Wtd Avg Comb Amortized LTV: 79.26
% Comb Amortized Current LTV > 80: 46.48 % Comb Amortized Current LTV > 80: 47.64
% Comb Amortized Current LTV > 90: 16.51 % Comb Amortized Current LTV > 90: 17.91
% Comb Amortized Current LTV > 100: 0.08 % Comb Amortized Current LTV > 100: 0.06
XXXXXX XXXXXXX 2003-SD1 Mortgage Loan Characteristics
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REPERFORMING SUBPERFORMING
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COLLATERAL CHARACTERISTICS: COLLATERAL CHARACTERISTICS:
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Principal Balance of Statistical Loan Group: 9,372,496.74 Principal Balance of Statistical Loan Group: 13,383,590.22
rcent of Aggregate Pool: 5.37% Percent of Aggregate Pool: 7.67%
Maximum Balance: 259,641.47 Maximum Balance: 701,866.09
Minimum Balance: 2,816.13 Minimum Balance: 15,592.87
Average Balance: 86,782.38 Average Balance: 109,701.56
Number of Loans: 108 Number of Loans: 122
Fixed/Floating: Fixed/Floating:
-FRM Percentage: 53.80 -FRM Percentage: 18.93
-ARM Percentage: 46.20 -ARM Percentage: 81.07
Wtd Avg Coupon: 9.551 Wtd Avg Coupon: 9.908
Wtd Avg Margin: 5.280 Wtd Avg Margin: 6.360
Wtd Avg Max Rate: 15.912 Wtd Avg Max Rate: 16.286
Wtd Avg Orig Term (mths): 344 Wtd Avg Orig Term (mths): 000
Xxx Xxx Xxx Rem Term (mths): 277 Wtd Avg Std Rem Term (mths): 325
Wtd Avg Seasoning (mths): 65 Wtd Avg Seasoning (mths): 23
% Owner Occupied: 98.78 % Owner Occupied: 94.93
State Concentration (TOP 3): NJ(15%),PA(13%),FL(10%) State Concentration (TOP 3): CA(27%),FL(7%),NY(7%)
Lien Composition: Lien Composition:
% 1st Lien: 100.00 % 1st Lien: 98.83
% 2nd Lien: 0.00 % 2nd Lien: 1.17
% Cashout Refinance: 37.91 % Cashout Refinance: 54.07
% Purchase: 41.07 % Purchase: 33.62
% Rate Term Refinance: 14.38 % Rate Term Refinance: 10.27
% Full Documentation: 40.46 % Full Documentation: 54.55
% Stated Documentation: 3.48 % Stated Documentation: 5.01
% Limited Documentation: 2.74 % Limited Documentation: 30.33
% Other: 53.32 % Other: 10.11
Wtd Avg FICO: 567.8 Wtd Avg FICO: 551.2
% FICO below 600 (inc. N/A): 73.87 % FICO below 600 (inc. N/A): 83.71
% FICO below 550 (inc. N/A): 37.64 % FICO below 550 (inc. N/A): 59.38
% FICO below 500 (inc. N/A): 7.74 % FICO below 500 (inc. N/A): 13.04
% w/ Prepay Penalty: 1.22 % w/ Prepay Penalty: 66.39
% w/ Mort Insurance: 2.85 % w/ Mort Insurance: 2.68
Wtd Avg Comb Amortized LTV: 77.46 Wtd Avg Comb Amortized LTV: 78.41
% Comb Amortized Current LTV > 80: 34.41 % Comb Amortized Current LTV > 80: 41.72
% Comb Amortized Current LTV > 90: 5.62 % Comb Amortized Current LTV > 90: 8.27
% Comb Amortized Current LTV > 100: 0.54 % Comb Amortized Current LTV > 100: 0.00
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