-6-
EXHIBIT 99.1
The mortgage loans delivered to the trust (the "Mortgage Loans")
consist of conventional, one-to four- family, adjustable-rate and fixed-rate
purchase money mortgage loans. The Depositor purchased the Mortgage Loans from
the Seller pursuant to the Mortgage Loan Purchase Agreement, dated May 27, 2004
(the "Mortgage Loan Purchase Agreement"), between the Seller and the Depositor.
Pursuant to the Pooling and Servicing Agreement, dated June 1, 2004 (the
"Pooling and Servicing Agreement"), among the Depositor, the Master Servicer and
the Trustee, the Depositor caused the Mortgage Loans to be assigned to the
Trustee for the benefit of the certificateholders.
The Mortgage Loans are secured by mortgages or deeds of trust or other
similar security instruments creating first liens on residential properties (the
"Mortgaged Properties") consisting of attached, detached or semi-detached one-to
four-family dwelling units, individual condominium units or individual units in
planned unit developments and manufactured housing. The Mortgage Loans will have
original terms to maturity of not greater than 30 years from the date on which
the first payment was due on each Mortgage Loan.
Each adjustable-rate Mortgage Loan will accrue interest at the
adjustable-rate calculated as specified under the terms of the related mortgage
note and each fixed-rate Mortgage Loan will have a Mortgage Rate that is fixed
for the life of such Mortgage (each such rate, a "Mortgage Rate").
Approximately 93.02% and approximately 6.98% of the Mortgage Loans, by
aggregate scheduled principal balance as of the Cut-off Date, were originated by
the Seller's wholesale lending affiliates, Argent Mortgage Company, LLC
("Argent") and Olympus Mortgage Company ("Olympus" and together with Argent, the
"Originators"), respectively.
Each adjustable-rate Mortgage Loan will accrue interest at a Mortgage
Rate that is adjustable. The adjustable-rate Mortgage Loans will provide for
semi-annual adjustment to the Mortgage Rate thereon and for corresponding
adjustments to the monthly payment amount due thereon, in each case on each
adjustment date applicable thereto (each such date, an "Adjustment Date");
provided, that the first adjustment for approximately 78.99% of the
adjustable-rate Group I Mortgage Loans and approximately 74.26% of the
adjustable-rate Group II Mortgage Loans will occur after an initial period of
two years after origination, and the first adjustment for approximately 21.01%
of the adjustable-rate Group I Mortgage Loans and approximately 25.74% of the
adjustable-rate Group II Mortgage Loans will occur after an initial period of
three years after origination. On each Adjustment Date for each adjustable-rate
Mortgage Loan, the Mortgage Rate thereon will be adjusted (subject to rounding)
to equal the sum of the applicable Index and a fixed percentage amount (the
"Gross Margin"). The Mortgage Rate on each adjustable-rate Mortgage Loan will
not decrease on the first related Adjustment Date, will not increase by more
than 2.000% per annum on the first related Adjustment Date (the "Initial
Periodic Rate Cap") and will not increase or decrease by more than 1.000% per
annum on any Adjustment Date thereafter (the "Periodic Rate Cap"). Each Mortgage
Rate on each adjustable-rate Mortgage Loan will not exceed a specified maximum
Mortgage Rate over the life of such Mortgage Loan (the "Maximum Mortgage Rate")
or be less than a specified minimum Mortgage Rate over the life of such Mortgage
Loan (the "Minimum Mortgage Rate"). Effective with the first monthly payment due
on each adjustable-rate Mortgage Loan after each related Adjustment Date, the
monthly payment amount will be adjusted to an amount that will amortize fully
the outstanding principal balance of the related Mortgage Loan over its
remaining term, and pay interest at the Mortgage Rate as so adjusted. Due to the
application of the Periodic Rate Caps and the Maximum Mortgage Rates, the
Mortgage Rate on each such adjustable-rate Mortgage Loan, as adjusted on any
related Adjustment Date, may be less than the sum of the Index and the related
Gross Margin, rounded as described herein. None of the adjustable-rate Mortgage
Loans permits the related mortgagor to convert the adjustable Mortgage Rate
thereon to a fixed Mortgage Rate.
The Mortgage Loans will have scheduled monthly payments due on the
first day of the month (with respect to each Mortgage Loan, a "Due Date"). Each
Mortgage Loan 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 will be buydown mortgage loans.
For purposes of calculating interest and principal distributions on the
Class A Certificates and interest distributions on the Class IO Certificates,
the Mortgage Loans are divided into two loan groups, designated as the "Group I
Mortgage Loans" and the "Group II Mortgage Loans." The Group I Mortgage Loans
consist of adjustable-rate and fixed-rate mortgage loans with principal balances
at origination that conform to Xxxxxxx Mac and Xxxxxx Mae loan limits
-7-
and the Group II Mortgage Loans consist of adjustable-rate and fixed-rate
mortgage loans with principal balances at origination that may or may not
conform to Xxxxxxx Mac or Xxxxxx Mae loan limits.
Approximately 77.99% of the Group I Mortgage Loans and approximately
69.55% 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 are 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. 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.
-8-
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
COLLATERAL TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed/Adjustable Rate 1,364 $232,419,719.87 66.41% 358 37.14 7.318 640 92.78
3-yr Fixed/Adjustable Rate 353 65,151,099.51 18.61 358 37.04 7.254 646 92.72
Fixed Rate 300 52,425,347.21 14.98 355 36.90 7.263 661 92.70
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
% OF REMAINING DEBT-
RANGE OF NUMBER OF PRINCIPAL PRINCIPAL TERM TO TO- GROSS
PRINCIPAL BALANCES MORTGAGE BALANCE AS OF BALANCE AS OF MATURITY INCOME COUPON QLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 508 $40,346,589.00 11.51% 357 34.09 7.756 643 91.88
100,000.01 - 150,000.00 557 69,583,059.00 19.85 356 35.99 7.488 638 92.71
150,000.01 - 200,000.00 357 61,657,480.00 17.59 358 36.43 7.364 639 92.98
200,000.01 - 250,000.00 219 48,844,118.00 13.93 357 37.01 7.186 641 92.82
250,000.01 - 300,000.00 134 36,585,709.00 10.44 358 37.35 7.256 646 93.20
300,000.01 - 350,000.00 88 28,664,639.00 8.18 358 38.39 7.146 653 92.65
350,000.01 - 400,000.00 69 25,742,893.00 7.34 358 40.91 6.901 650 93.65
400,000.01 - 450,000.00 34 14,405,654.00 4.11 358 39.47 6.896 647 92.91
450,000.01 - 500,000.00 46 22,168,857.00 6.32 358 38.89 6.943 657 92.31
500,000.01 - 550,000.00 5 2,586,783.00 0.74 359 44.97 7.055 691 90.00
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $350,585,781.00 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-9-
-------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
BALANCES AS OF THE MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CUT-OFF DATE ($) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
-------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 508 $40,284,210.21 11.51% 357 34.09 7.756 643 91.88
100,000.01 - 150,000.00 559 69,765,737.43 19.93 356 36.00 7.487 638 92.71
150,000.01 - 200,000.00 356 61,451,493.77 17.56 358 36.42 7.365 640 92.99
200,000.01 - 250,000.00 218 48,554,243.35 13.87 357 37.02 7.186 641 92.81
250,000.01 - 300,000.00 136 37,124,936.41 10.61 358 37.43 7.260 646 93.23
300,000.01 - 350,000.00 87 28,368,264.80 8.11 358 38.24 7.123 653 92.63
350,000.01 - 400,000.00 69 25,749,662.33 7.36 358 40.80 6.911 650 93.58
400,000.01 - 450,000.00 33 13,982,965.21 4.00 358 39.82 6.906 645 92.99
450,000.01 - 500,000.00 46 22,130,720.82 6.32 358 38.89 6.943 657 92.30
500,000.01 - 550,000.00 5 2,583,932.26 0.74 359 44.97 7.055 691 90.00
-------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
-------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MONTHS MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
REMAINING LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
121 - 180 8 $ 1,007,373.71 0.29% 178 36.03 7.735 689 90.00
181 - 240 1 125,345.94 0.04 237 39.00 7.900 654 90.00
301 - 360 2,008 348,863,446.94 99.68 358 37.09 7.296 644 92.77
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-10-
-------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF CURRENT NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE RATES MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
(%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
-------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 10 $2,667,520.35 0.76% 358 40.51 5.315 667 91.88
5.500 - 5.999 56 13,965,803.39 3.99 358 36.55 5.759 679 92.34
6.000 - 6.499 143 33,064,099.10 9.45 358 37.23 6.272 668 92.62
6.500 - 6.999 376 76,282,704.75 21.80 357 37.66 6.762 659 93.01
7.000 - 7.499 464 80,510,928.65 23.00 358 37.67 7.240 648 93.00
7.500 - 7.999 492 78,186,699.10 22.34 358 36.72 7.719 634 92.57
8.000 - 8.499 287 41,817,942.36 11.95 357 36.05 8.199 618 92.92
8.500 - 8.999 155 18,824,936.36 5.38 355 36.05 8.678 606 92.03
9.000 - 9.499 26 3,518,318.07 1.01 358 33.21 9.137 605 91.29
9.500 - 9.999 5 688,792.74 0.20 358 44.25 9.628 587 94.31
10.000 - 10.499 2 168,636.66 0.05 358 42.00 10.052 599 92.60
11.000 - 11.499 1 299,785.06 0.09 358 42.00 11.000 548 89.15
-------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
-------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF ORIGINAL NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
LOAN-TO-VALUE MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RATIOS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 2 $ 762,450.00 0.22% 360 34.66 6.940 625 85.00
85.01 - 90.00 935 148,315,647.75 42.38 357 35.19 7.333 648 89.93
90.01 - 95.00 1,080 200,918,068.84 57.41 358 38.49 7.273 642 94.87
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-11-
--------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF FICO MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
SCORES LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
--------------------------------------------------------------------------------------------------------------------------------
500 - 519 3 $ 457,387.49 0.13% 358 45.21 8.502 510 90.00
520 - 539 2 232,269.39 0.07 358 47.13 8.538 528 90.00
540 - 559 61 9,993,009.49 2.86 358 37.35 8.052 553 90.72
560 - 579 92 13,331,199.56 3.81 358 38.59 8.113 570 90.87
580 - 599 242 38,553,352.32 11.02 358 38.81 7.765 589 93.18
600 - 619 316 53,921,382.09 15.41 358 38.28 7.428 610 93.36
620 - 639 341 61,134,299.95 17.47 357 37.56 7.305 629 93.15
640 - 659 292 51,856,457.98 14.82 357 36.73 7.133 650 93.24
660 - 679 206 38,115,097.69 10.89 357 36.51 7.128 668 92.92
680 - 699 177 31,894,118.32 9.11 358 35.54 7.021 689 92.05
700 - 719 128 22,837,096.00 6.52 358 35.60 6.920 708 92.03
720 - 739 86 13,787,188.90 3.94 355 35.22 6.978 729 92.36
740 - 759 39 8,076,709.50 2.31 358 34.50 6.686 748 92.24
760 - 779 23 3,958,443.68 1.13 353 37.47 6.732 765 91.15
780 - 799 9 1,848,154.23 0.53 358 25.93 6.954 788 91.74
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
--------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RATIOS LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
20.00 or less 144 $19,692,612.57 5.63% 358 14.77 7.407 661 91.26
20.01 - 25.00 157 23,199,118.36 6.63 358 23.25 7.360 657 91.89
25.01 - 30.00 222 35,060,290.46 10.02 357 28.13 7.308 647 92.37
30.01 - 35.00 333 54,283,265.62 15.51 357 33.21 7.287 648 92.81
35.01 - 40.00 382 68,459,659.49 19.56 357 38.17 7.337 645 93.04
40.01 - 45.00 430 83,078,314.36 23.74 358 42.98 7.302 638 93.01
45.01 - 50.00 346 65,094,243.93 18.60 358 47.88 7.190 637 93.07
50.01 - 55.00 3 1,128,661.80 0.32 358 51.00 7.847 634 92.07
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-12-
------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
STATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
California 243 $65,204,244.97 18.63% 358 38.39 6.872 651 92.87
Florida 370 60,493,036.49 17.28 357 37.66 7.317 644 93.16
Illinois 163 27,163,458.13 7.76 356 37.27 7.822 642 92.60
New York 84 26,532,382.37 7.58 357 39.07 7.163 655 92.66
Texas 156 22,070,114.34 6.31 356 35.40 7.666 624 92.28
Arizona 124 16,486,847.37 4.71 358 37.62 7.290 638 93.68
Nevada 67 12,362,672.34 3.53 358 37.14 7.288 643 92.84
Michigan 86 9,598,027.79 2.74 358 35.86 7.675 620 92.16
Minnesota 46 9,576,773.09 2.74 358 35.56 7.013 667 91.98
Connecticut 44 9,187,835.21 2.63 358 38.89 7.514 638 92.89
Massachusetts 35 8,631,177.92 2.47 358 37.21 6.949 656 93.13
New Jersey 42 8,469,427.34 2.42 358 36.08 7.276 660 93.53
Indiana 61 6,506,809.01 1.86 358 36.02 7.154 672 91.10
Tennessee 49 6,378,445.63 1.82 356 36.58 7.741 624 92.81
Georgia 42 6,340,543.24 1.81 358 33.17 7.209 647 91.36
Utah 43 6,073,802.02 1.74 358 38.49 7.402 645 93.75
Washington 32 5,997,127.74 1.71 358 36.11 7.280 630 92.85
Colorado 29 5,332,331.69 1.52 358 35.68 6.882 649 91.92
Missouri 49 4,959,487.78 1.42 358 35.69 7.636 629 91.57
Maryland 23 4,337,887.57 1.24 358 36.69 7.447 634 92.10
Other 229 28,293,734.55 8.08 358 34.10 7.526 637 92.67
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-13-
------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
OCCUPANCY STATUS* LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,439 $270,688,414.46 77.34% 358 38.30 7.286 635 93.51
Non-Owner Occupied 545 73,839,723.71 21.10 356 32.62 7.395 674 90.14
Second Home 33 5,468,028.42 1.56 358 36.94 6.592 669 90.61
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
INCOME DOCUMENTATION LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Documentation 925 $143,802,086.79 41.09% 358 38.63 7.173 636 93.29
Stated Documentation 965 184,843,563.62 52.81 357 35.97 7.405 652 92.29
Limited Documentation 127 21,350,516.18 6.10 358 36.34 7.206 636 93.18
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PURPOSE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Purchase 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-14-
------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RISK CATEGORY* LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
I 1,743 $298,421,580.30 85.26% 357 36.85 7.264 646 92.85
II 73 13,438,668.72 3.84 358 38.55 7.472 635 92.34
III 80 11,926,927.17 3.41 357 37.44 7.593 614 92.85
IV 14 1,765,957.93 0.50 358 41.24 8.621 597 90.89
A 44 10,181,439.41 2.91 358 39.74 7.266 638 91.90
A+ 57 12,298,415.25 3.51 358 36.50 7.410 648 91.89
C- 6 1,963,177.81 0.56 358 46.86 7.674 616 92.52
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
* Letters correspond to risk categories of Olympus Mortgage Company and roman numerals correspond to risk
categories of Argent Mortgage Company, LLC.
------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PROPERTY TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 1,339 $221,903,096.19 63.40% 357 36.95 7.270 641 92.80
Detached PUD 249 50,839,776.91 14.53 357 37.45 7.302 635 92.80
2-4 Family 202 42,191,979.85 12.05 358 37.24 7.407 658 92.52
Condominium 206 32,484,676.69 9.28 357 37.23 7.319 661 92.70
Attached PUD 14 1,803,793.46 0.52 358 35.35 7.571 643 92.93
Manu. Housing / Mobile 5 508,518.89 0.15 358 40.22 7.404 646 90.47
Single Family Attached 2 264,324.60 0.08 358 41.81 7.756 612 92.62
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
PREPAYMENT CHARGE TERM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
AT ORIGINATION (MOS.) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 426 $ 82,640,240.46 23.61% 357 36.88 7.522 650 92.55
12 107 22,041,367.83 6.30 357 37.32 7.350 655 92.56
24 950 160,089,733.50 45.74 358 37.18 7.288 638 92.88
36 534 85,224,824.80 24.35 357 37.04 7.086 647 92.78
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
-15-
------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CONFORMING BALANCE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Conforming 1,856 $283,686,910.77 81.05% 357 36.46 7.396 642 92.78
Non-conforming 161 66,309,255.82 18.95 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 2,017 $349,996,166.59 100.00% 357 37.08 7.298 644 92.76
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MAXIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 7 $ 2,007,319.24 0.67% 358 42.27 5.323 655 92.50
11.500 - 11.999 46 11,727,401.23 3.94 358 37.33 5.763 679 92.29
12.000 - 12.499 125 28,314,384.68 9.52 358 37.17 6.278 668 92.74
12.500 - 12.999 306 62,025,838.15 20.84 358 37.83 6.754 654 93.07
13.000 - 13.499 405 69,073,122.70 23.21 358 37.40 7.242 647 93.07
13.500 - 13.999 430 68,953,985.89 23.17 358 36.69 7.719 632 92.47
14.000 - 14.499 245 36,594,246.43 12.30 358 36.25 8.195 615 92.87
14.500 - 14.999 126 15,522,043.93 5.22 358 35.77 8.670 598 91.87
15.000 - 15.499 20 2,361,354.84 0.79 358 35.52 9.140 581 91.72
15.500 - 15.999 4 522,700.57 0.18 358 46.24 9.589 572 94.10
16.000 - 16.499 2 168,636.66 0.06 358 42.00 10.052 599 92.60
17.000 - 17.499 1 299,785.06 0.10 358 42.00 11.000 548 89.15
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
-16-
------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MINIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 7 $ 2,007,319.24 0.67% 358 42.27 5.323 655 92.50
5.500 - 5.999 46 11,727,401.23 3.94 358 37.33 5.763 679 92.29
6.000 - 6.499 125 28,314,384.68 9.52 358 37.17 6.278 668 92.74
6.500 - 6.999 306 62,025,838.15 20.84 358 37.83 6.754 654 93.07
7.000 - 7.499 405 69,073,122.70 23.21 358 37.40 7.242 647 93.07
7.500 - 7.999 430 68,953,985.89 23.17 358 36.69 7.719 632 92.47
8.000 - 8.499 245 36,594,246.43 12.30 358 36.25 8.195 615 92.87
8.500 - 8.999 126 15,522,043.93 5.22 358 35.77 8.670 598 91.87
9.000 - 9.499 20 2,361,354.84 0.79 358 35.52 9.140 581 91.72
9.500 - 9.999 4 522,700.57 0.18 358 46.24 9.589 572 94.10
10.000 - 10.499 2 168,636.66 0.06 358 42.00 10.052 599 92.60
11.000 - 11.499 1 299,785.06 0.10 358 42.00 11.000 548 89.15
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF GROSS MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MARGINS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 876 $142,930,088.24 48.03% 358 36.93 7.370 643 92.66
4.750 - 4.999 2 136,578.93 0.05 358 28.84 7.106 656 90.00
5.500 - 5.749 99 22,007,406.32 7.40 358 38.25 7.395 639 92.09
6.000 - 6.249 114 19,793,153.43 6.65 359 37.40 7.452 643 91.94
6.250 - 6.499 2 277,703.12 0.09 358 40.66 7.717 608 93.41
6.500 - 6.749 620 111,832,257.48 37.58 358 37.10 7.174 639 93.18
7.000 - 7.249 4 593,631.86 0.20 358 34.34 7.489 621 93.47
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
-17-
------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
NEXT ADJUSTMENT MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
DATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
March 2006 105 $ 18,902,609.50 6.35% 356 38.49 7.220 635 93.31
April 2006 1,208 204,340,765.01 68.67 358 36.97 7.329 640 92.78
May 2006 26 5,013,994.36 1.68 359 41.59 7.202 648 92.20
June 2006 25 4,162,351.00 1.40 360 33.93 7.352 642 91.14
March 2007 21 3,967,577.88 1.33 357 37.25 7.134 650 92.90
April 2007 321 58,561,976.98 19.68 358 36.84 7.264 645 92.76
May 2007 5 1,158,594.65 0.39 359 41.78 6.890 643 94.26
June 2007 6 1,462,950.00 0.49 360 40.93 7.458 665 89.30
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
INITIAL PERIODIC MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
PERIODIC MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,717 $297,570,819.38 100.00% 358 37.12 7.304 641 92.77
------------------------------------------------------------------------------------------------------------------------------
-18-
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 1,856 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $283,686,910.77, 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 has a first Due Date prior to April 2004 or after
July 2004, or will have a remaining term to stated maturity of less than 177
months or greater than 360 months as of the Cut-off Date. The latest maturity
date of any Group I Mortgage Loans is June 2034.
-19-
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
---------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
COLLATERAL TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
---------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 1,264 $191,233,517.56 67.41% 358 36.42 7.414 637 92.76
3-yr Fixed / Adjustable-Rate 319 50,876,349.60 17.93 358 36.24 7.345 644 92.85
Fixed Rate 273 41,577,043.61 14.66 354 36.90 7.378 658 92.77
---------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
---------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-------------------------------------------------------------------------------------------------------------------------------
% OF REMAINING DEBT-
RANGE OF NUMBER OF PRINCIPAL PRINCIPAL TERM TO TO- GROSS
PRINCIPAL BALANCES MORTGAGE BALANCE AS OF BALANCE AS OF MATURITY INCOME COUPON QLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS) (%) (%) FICO (%)
-------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 508 $40,346,589.00 14.20% 357 34.09 7.756 643 91.88
100,000.01 - 150,000.00 557 69,583,059.00 24.49 356 35.99 7.488 638 92.71
150,000.01 - 200,000.00 357 61,657,480.00 21.70 358 36.43 7.364 639 92.98
200,000.01 - 250,000.00 219 48,844,118.00 17.19 357 37.01 7.186 641 92.82
250,000.01 - 300,000.00 134 36,585,709.00 12.87 358 37.35 7.256 646 93.20
300,000.01 - 350,000.00 63 20,109,278.00 7.08 358 38.91 7.172 650 92.89
350,000.01 - 400,000.00 11 4,114,535.00 1.45 358 40.05 7.465 651 94.10
400,000.01 - 450,000.00 6 2,470,175.00 0.87 358 39.05 7.654 624 93.34
450,000.01 - 500,000.00 1 456,000.00 0.16 358 36.00 7.475 683 95.00
-------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $284,166,943.00 100.00% 357 36.46 7.396 642 92.78
-------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-20-
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
BALANCES AS OF THE MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CUT-OFF DATE ($) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 508 $ 40,284,210.21 14.20% 357 34.09 7.756 643 91.88
100,000.01 - 150,000.00 559 69,765,737.43 24.59 356 36.00 7.487 638 92.71
150,000.01 - 200,000.00 356 61,451,493.77 21.66 358 36.42 7.365 640 92.99
200,000.01 - 250,000.00 218 48,554,243.35 17.12 357 37.02 7.186 641 92.81
250,000.01 - 300,000.00 136 37,124,936.41 13.09 358 37.43 7.260 646 93.23
300,000.01 - 350,000.00 61 19,476,127.44 6.87 358 38.80 7.163 650 92.82
350,000.01 - 400,000.00 11 4,108,347.89 1.45 358 40.05 7.465 651 94.10
400,000.01 - 450,000.00 6 2,466,598.31 0.87 358 39.05 7.655 624 93.34
450,000.01 - 500,000.00 1 455,215.96 0.16 358 36.00 7.475 683 95.00
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MONTHS MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
REMAINING LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
121 - 180 8 $ 1,007,373.71 0.36% 178 36.03 7.735 689 90.00
181 - 240 1 125,345.94 0.04 237 39.00 7.900 654 90.00
301 - 360 1,847 282,554,191.12 99.60 358 36.46 7.395 641 92.79
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
-21-
------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF CURRENT MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 6 $ 1,120,385.28 0.39% 358 37.35 5.312 677 91.64
5.500 - 5.999 43 8,585,103.73 3.03 358 34.41 5.722 674 92.17
6.000 - 6.499 113 20,145,389.10 7.10 358 36.36 6.277 677 92.63
6.500 - 6.999 325 55,755,167.60 19.65 356 37.09 6.757 659 92.98
7.000 - 7.499 431 67,153,995.62 23.67 358 36.99 7.241 647 93.11
7.500 - 7.999 474 70,550,868.93 24.87 358 36.21 7.718 633 92.68
8.000 - 8.499 276 37,369,988.81 13.17 357 35.68 8.203 618 92.81
8.500 - 8.999 155 18,824,936.36 6.64 355 36.05 8.678 606 92.03
9.000 - 9.499 25 3,023,860.88 1.07 358 34.71 9.159 596 91.34
9.500 - 9.999 5 688,792.74 0.24 358 44.25 9.628 587 94.31
10.000 - 10.499 2 168,636.66 0.06 358 42.00 10.052 599 92.60
11.000 - 11.499 1 299,785.06 0.11 358 42.00 11.000 548 89.15
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
LOAN-TO-VALUE RATIOS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 872 $121,691,823.82 42.90% 356 34.23 7.438 645 89.94
90.01 - 95.00 984 161,995,086.95 57.10 358 38.13 7.365 639 94.90
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
-22-
------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RANGE OF FICO SCORES LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
500 - 519 3 $ 457,387.49 0.16% 358 45.21 8.502 510 90.00
520 - 539 2 232,269.39 0.08 358 47.13 8.538 528 90.00
540 - 559 58 8,686,720.70 3.06 358 36.82 8.218 553 90.60
560 - 579 89 12,117,132.43 4.27 358 38.41 8.129 570 90.96
580 - 599 234 35,474,748.65 12.50 358 38.41 7.817 589 93.17
600 - 619 295 45,413,583.39 16.01 358 37.18 7.508 610 93.42
620 - 639 306 46,658,661.23 16.45 357 36.82 7.456 629 93.27
640 - 659 267 41,670,007.55 14.69 357 35.99 7.203 650 93.28
660 - 679 184 28,961,008.41 10.21 357 35.73 7.180 668 92.97
680 - 699 162 25,625,232.41 9.03 358 34.72 7.038 689 92.13
700 - 719 114 17,061,899.07 6.01 358 35.49 6.987 708 91.97
720 - 739 80 11,314,142.30 3.99 354 35.04 7.074 729 92.15
740 - 759 34 5,812,340.57 2.05 358 32.89 6.840 748 91.57
760 - 779 21 3,085,978.89 1.09 351 35.42 6.784 765 91.47
780 - 799 7 1,115,798.29 0.39 359 27.47 7.159 783 91.12
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF DEBT-TO- MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
INCOME RATIOS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Less than 20.00 142 $18,872,630.02 6.65% 358 14.84 7.423 658 91.31
20.01 - 25.00 150 20,437,417.62 7.20 358 23.26 7.354 655 91.94
25.01 - 30.00 207 28,898,930.40 10.19 356 28.20 7.455 644 92.39
30.01 - 35.00 314 46,220,516.17 16.29 357 33.25 7.362 643 92.76
35.01 - 40.00 352 56,299,832.52 19.85 357 38.18 7.417 641 93.07
40.01 - 45.00 385 64,660,327.27 22.79 357 42.93 7.442 634 93.07
45.01 - 50.00 305 48,149,113.23 16.97 358 47.79 7.318 636 93.22
50.01 - 55.00 1 148,143.54 0.05 358 51.00 6.550 635 90.00
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
-23-
------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
STATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Florida 356 $ 54,364,499.20 19.16% 357 37.22 7.329 644 93.14
California 175 37,371,302.77 13.17 357 36.69 7.093 646 92.74
Illinois 154 23,375,365.56 8.24 355 37.82 7.828 641 92.68
Texas 151 19,966,743.09 7.04 356 35.70 7.683 620 92.46
Arizona 122 15,696,881.08 5.53 358 37.36 7.311 638 93.61
New York 55 14,281,512.52 5.03 356 38.23 7.331 653 92.86
Nevada 60 9,450,284.03 3.33 358 36.41 7.442 641 93.05
Michigan 85 9,251,782.39 3.26 358 35.33 7.680 621 92.25
New Jersey 42 8,469,427.34 2.99 358 36.08 7.276 660 93.53
Connecticut 42 8,205,483.57 2.89 358 38.10 7.560 638 93.30
Minnesota 42 8,057,416.59 2.84 358 34.34 7.055 666 91.85
Massachusetts 30 6,669,058.18 2.35 358 36.92 6.905 653 93.25
Georgia 42 6,340,543.24 2.24 358 33.17 7.209 647 91.36
Indiana 60 6,084,661.41 2.14 358 36.99 7.238 670 91.17
Tennessee 48 5,921,159.06 2.09 355 36.09 7.719 626 92.64
Utah 42 5,739,990.86 2.02 358 38.11 7.446 641 93.67
Missouri 49 4,959,487.78 1.75 358 35.69 7.636 629 91.57
Washington 29 4,899,008.99 1.73 358 35.51 7.180 633 93.11
Colorado 27 4,552,275.68 1.60 358 35.91 6.964 646 92.31
Maryland 20 3,272,861.49 1.15 358 35.50 7.614 641 91.69
Other 225 26,757,165.94 9.43 358 33.97 7.590 635 92.62
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
-24-
------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
OCCUPATION STATUS* LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,293 $210,579,179.81 74.23% 358 37.75 7.407 631 93.68
Non-owner Occupied 531 68,116,209.22 24.01 356 32.47 7.417 672 90.13
Second Home 32 4,991,521.74 1.76 358 36.46 6.668 661 90.67
------------------------------------------------------------------------------------------------------------------------------
Total: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
INCOME DOCUMENTATION LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Documentation 877 $124,666,816.00 43.95% 358 38.67 7.258 634 93.23
Stated Documentation 858 140,094,538.09 49.38 357 34.69 7.530 649 92.30
Limited Documentation 121 18,925,556.68 6.67 358 35.02 7.315 633 93.27
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PURPOSE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Purchase 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
** 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.
-25-
------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RISK CATEGORY LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
I 1,610 $243,824,018.99 85.95% 357 36.32 7.364 644 92.86
II 64 9,731,643.34 3.43 358 35.96 7.607 634 92.19
III 78 11,057,924.38 3.90 357 37.82 7.584 616 92.90
IV 14 1,765,957.93 0.62 358 41.24 8.621 597 90.89
A 35 6,391,324.36 2.25 358 39.01 7.421 633 91.81
A+ 51 9,933,382.22 3.50 358 35.73 7.555 644 92.14
C- 4 982,659.55 0.35 358 42.73 7.305 599 92.66
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
* Letters correspond to risk categories of Olympus Mortgage Company and roman numerals correspond to risk
categories of Argent Mortgage Company, LLC.
------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PROPERTY TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 1,235 $179,678,991.23 63.34% 357 36.13 7.385 639 92.74
PUD Detached 216 37,507,599.42 13.22 357 37.05 7.429 628 93.15
Two-to Four-Family 188 35,692,526.29 12.58 358 36.98 7.470 655 92.54
Condominium 196 28,231,156.88 9.95 357 37.05 7.316 662 92.87
PUD Attached 14 1,803,793.46 0.64 358 35.35 7.571 643 92.93
Manufactured 5 508,518.89 0.18 358 40.22 7.404 646 90.47
Single Family Attached 2 264,324.60 0.09 358 41.81 7.756 612 92.62
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
PREPAYMENT CHARGE TERM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
AT ORIGINATION (MOS.) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 377 $ 62,450,915.14 22.01% 357 35.96 7.628 648 92.67
12 94 16,817,174.01 5.93 357 36.91 7.487 650 92.64
24 882 132,046,252.24 46.55 358 36.41 7.404 635 92.77
36 503 72,372,569.38 25.51 357 36.87 7.161 646 92.92
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
-26-
------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CONFORMING BALANCE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Conforming 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,856 $283,686,910.77 100.00% 357 36.46 7.396 642 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MAXIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 4 $ 815,276.39 0.34% 358 35.47 5.301 671 92.26
11.500 - 11.999 34 6,687,057.73 2.76 358 34.79 5.726 672 92.16
12.000 - 12.499 101 18,042,327.12 7.45 358 35.86 6.283 678 92.60
12.500 - 12.999 265 45,431,857.77 18.76 358 37.27 6.750 654 93.05
13.000 - 13.499 378 58,073,453.52 23.99 358 36.71 7.241 647 93.18
13.500 - 13.999 414 62,039,080.69 25.62 358 36.11 7.714 630 92.61
14.000 - 14.499 234 32,146,292.88 13.28 358 35.85 8.200 615 92.74
14.500 - 14.999 126 15,522,043.93 6.41 358 35.77 8.670 598 91.87
15.000 - 15.499 20 2,361,354.84 0.98 358 35.52 9.140 581 91.72
15.500 - 15.999 4 522,700.57 0.22 358 46.24 9.589 572 94.10
16.000 - 16.499 2 168,636.66 0.07 358 42.00 10.052 599 92.60
17.000 - 17.499 1 299,785.06 0.12 358 42.00 11.000 548 89.15
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
-27-
------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MINIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 4 $ 815,276.39 0.34% 358 35.47 5.301 671 92.26
5.500 - 5.999 34 6,687,057.73 2.76 358 34.79 5.726 672 92.16
6.000 - 6.499 101 18,042,327.12 7.45 358 35.86 6.283 678 92.60
6.500 - 6.999 265 45,431,857.77 18.76 358 37.27 6.750 654 93.05
7.000 - 7.499 378 58,073,453.52 23.99 358 36.71 7.241 647 93.18
7.500 - 7.999 414 62,039,080.69 25.62 358 36.11 7.714 630 92.61
8.000 - 8.499 234 32,146,292.88 13.28 358 35.85 8.200 615 92.74
8.500 - 8.999 126 15,522,043.93 6.41 358 35.77 8.670 598 91.87
9.000 - 9.499 20 2,361,354.84 0.98 358 35.52 9.140 581 91.72
9.500 - 9.999 4 522,700.57 0.22 358 46.24 9.589 572 94.10
10.000 - 10.499 2 168,636.66 0.07 358 42.00 10.052 599 92.60
11.000 - 11.499 1 299,785.06 0.12 358 42.00 11.000 548 89.15
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
GROSS MARGINS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 830 $123,288,594.68 50.92% 358 36.40 7.419 640 92.66
4.750 - 4.999 2 136,578.93 0.06 358 28.84 7.106 656 90.00
5.500 - 5.749 85 16,198,447.17 6.69 358 37.13 7.471 638 92.09
6.000 - 6.249 101 14,471,201.20 5.98 359 36.01 7.523 643 92.24
6.250 - 6.499 2 277,703.12 0.11 358 40.66 7.717 608 93.41
6.500 - 6.749 559 87,143,710.20 35.99 358 36.30 7.337 637 93.16
7.000 - 7.249 4 593,631.86 0.25 358 34.34 7.489 621 93.47
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
-28-
------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
NEXT ADJUSTMENT DATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
March 2006 95 $ 14,748,212.39 6.09% 356 36.81 7.281 636 93.25
April 2006 1,126 170,711,380.07 70.51 358 36.43 7.424 637 92.72
May 2006 21 2,812,874.10 1.16 359 39.23 7.471 631 93.08
June 2006 22 2,961,051.00 1.22 360 31.36 7.460 645 92.17
March 2007 21 3,967,577.88 1.64 357 37.25 7.134 650 92.90
April 2007 292 46,313,998.32 19.13 358 36.10 7.364 644 92.86
May 2007 3 381,173.40 0.16 359 42.36 6.503 649 92.76
June 2007 3 213,600.00 0.09 360 36.14 8.704 626 89.02
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
INITIAL PERIODIC MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PERIODIC CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,583 $242,109,867.16 100.00% 358 36.38 7.400 639 92.78
------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 161 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $66,309,255.82, 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
Cut-off Date, and subject to a permitted variance of plus or minus 5%. None of
the Group II Mortgage Loans had a first Due Date prior to April 2004 or after
July 2004, or will have a remaining term to stated maturity of less than 357
months or greater than 360 months as of the Cut-off Date. The latest maturity
date of any Group II Mortgage Loans is June 2034.
-29-
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
------------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
COLLATERAL TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 100 $41,186,202.31 62.11% 358 40.45 6.874 652 92.89
3-yr Fixed / Adjustable-Rate 34 14,274,749.91 21.53 358 39.92 6.928 650 92.25
Fixed Rate 27 10,848,303.60 16.36 358 36.90 6.822 672 92.42
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
% OF REMAINING DEBT-
RANGE OF NUMBER OF PRINCIPAL PRINCIPAL TERM TO TO- GROSS
PRINCIPAL BALANCES MORTGAGE BALANCE AS OF BALANCE AS OF MATURITY INCOME COUPON QLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS) (%) (%) FICO (%)
--------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 25 $ 8,555,361.00 12.88% 358 37.15 7.086 658 92.10
350,000.01 - 400,000.00 58 21,628,358.00 32.56 358 41.07 6.794 650 93.57
400,000.01 - 450,000.00 28 11,935,479.00 17.97 358 39.55 6.739 652 92.82
450,000.01 - 500,000.00 45 21,712,857.00 32.69 358 38.95 6.932 657 92.25
500,000.01 - 550,000.00 5 2,586,783.00 3.89 359 44.97 7.055 691 90.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,418,838.00 100.00% 358 39.76 6.877 655 92.67
--------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-30-
------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
BALANCES AS OF THE MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CUT-OFF DATE ($) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 26 $ 8,892,137.36 13.41% 358 36.99 7.036 660 92.22
350,000.01 - 400,000.00 58 21,641,314.44 32.64 358 40.94 6.806 650 93.48
400,000.01 - 450,000.00 27 11,516,366.90 17.37 358 39.99 6.745 650 92.92
450,000.01 - 500,000.00 45 21,675,504.86 32.69 358 38.96 6.932 657 92.25
500,000.01 - 550,000.00 5 2,583,932.26 3.90 359 44.97 7.055 691 90.00
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MONTHS MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
REMAINING LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
300 - 360 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
-31-
------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF CURRENT MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 4 $ 1,547,135.07 2.33% 358 42.80 5.318 659 92.05
5.500 - 5.999 13 5,380,699.66 8.11 358 39.96 5.817 687 92.62
6.000 - 6.499 30 12,918,710.00 19.48 358 38.59 6.264 655 92.62
6.500 - 6.999 51 20,527,537.15 30.96 358 39.20 6.774 659 93.07
7.000 - 7.499 33 13,356,933.03 20.14 358 41.11 7.239 651 92.49
7.500 - 7.999 18 7,635,830.17 11.52 358 41.47 7.733 649 91.63
8.000 - 8.499 11 4,447,953.55 6.71 358 39.12 8.165 621 93.84
9.000 - 9.499 1 494,457.19 0.75 358 24.00 9.000 663 90.99
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
RANGE OF ORIGINAL NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
LOAN-TO-VALUE MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RATIOS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 2 $ 762,450.00 1.15% 360 34.66 6.940 625 85.00
85.01 - 90.00 63 26,623,823.93 40.15 358 39.57 6.855 660 89.88
90.01 - 95.00 96 38,922,981.89 58.70 358 39.98 6.891 653 94.74
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
-32-
------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
FICO SCORES LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
540 - 559 3 $1,306,288.79 1.97% 359 40.86 6.944 554 91.51
560 - 579 3 1,214,067.13 1.83 358 40.42 7.960 578 90.00
580 - 599 8 3,078,603.67 4.64 358 43.43 7.176 589 93.32
600 - 619 21 8,507,798.70 12.83 358 44.14 7.001 610 93.07
620 - 639 35 14,475,638.72 21.83 358 39.96 6.819 629 92.74
640 - 659 25 10,186,450.43 15.36 358 39.76 6.848 651 93.08
660 - 679 22 9,154,089.28 13.81 358 38.98 6.964 668 92.75
680 - 699 15 6,268,885.91 9.45 358 38.89 6.951 691 91.74
700 - 719 14 5,775,196.93 8.71 358 35.91 6.723 707 92.21
720 - 739 6 2,473,046.60 3.73 359 36.05 6.542 730 93.33
740 - 759 5 2,264,368.93 3.41 358 38.65 6.289 746 93.95
760 - 779 2 872,464.79 1.32 359 44.74 6.550 763 90.00
780 - 799 2 732,355.94 1.10 358 23.58 6.642 795 92.70
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
------------------------------------------------------------------------------------------------------------------------------
% OF
RANGE OF PRINCIPAL PRINCIPAL REMAINING DEBT-
DEBT-TO-INCOME NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RATIOS (%) MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Less than 20.00 2 $ 819,982.55 1.24% 358 13.12 7.045 731 90.00
20.01 - 25.00 7 2,761,700.74 4.16 358 23.21 7.406 671 91.51
25.01 - 30.00 15 6,161,360.06 9.29 358 27.82 6.622 660 92.27
30.01 - 35.00 19 8,062,749.45 12.16 358 32.96 6.857 673 93.12
35.01 - 40.00 30 12,159,826.97 18.34 358 38.12 6.964 659 92.95
40.01 - 45.00 45 18,417,987.09 27.78 358 43.16 6.811 651 92.79
45.01 - 50.00 41 16,945,130.70 25.55 358 48.14 6.826 641 92.62
50.01 - 55.00 2 980,518.26 1.48 358 51.00 8.043 633 92.39
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
-33-
------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
STATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
California 68 $27,832,942.20 41.97% 358 40.66 6.574 658 93.04
New York 29 12,250,869.85 18.48 358 40.05 6.967 657 92.41
Florida 14 6,128,537.29 9.24 358 41.63 7.218 646 93.27
Illinois 9 3,788,092.57 5.71 358 33.92 7.785 650 92.14
Nevada 7 2,912,388.31 4.39 359 39.51 6.787 649 92.17
Texas 5 2,103,371.25 3.17 358 32.53 7.503 664 90.58
Massachusetts 5 1,962,119.74 2.96 358 38.18 7.100 668 92.72
Minnesota 4 1,519,356.50 2.29 358 42.03 6.790 669 92.67
Washington 3 1,098,118.75 1.66 358 38.77 7.727 619 91.71
Maryland 3 1,065,026.08 1.61 358 40.35 6.933 616 93.38
Connecticut 2 982,351.64 1.48 358 45.50 7.123 644 89.51
Arizona 2 789,966.29 1.19 358 42.83 6.876 639 95.00
Colorado 2 780,056.01 1.18 358 34.31 6.404 667 89.62
Rhode Island 2 718,571.16 1.08 358 37.42 6.295 665 95.00
Delaware 1 476,506.68 0.72 359 42.00 5.800 743 90.00
Tennessee 1 457,286.57 0.69 358 43.00 8.025 601 95.00
Indiana 1 422,147.60 0.64 358 22.00 5.950 709 90.00
Michigan 1 346,245.40 0.52 359 50.00 7.550 586 90.00
Oregon 1 341,490.77 0.51 358 26.00 7.500 637 95.00
Utah 1 333,811.16 0.50 358 45.00 6.650 709 95.00
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
-34-
------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
OCCUPATION STATUS* LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 146 $60,109,234.65 90.65% 358 40.24 6.861 650 92.93
Non-Owner Occupied 14 5,723,514.49 8.63 358 34.44 7.129 697 90.23
Second Home 1 476,506.68 0.72 359 42.00 5.800 743 90.00
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
INCOME DOCUMENTATION LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Full Documentation 48 $19,135,270.79 28.86% 358 38.33 6.620 646 93.65
Stated Documentation 107 44,749,025.53 67.49 358 39.99 7.015 659 92.27
Limited Documentation 6 2,424,959.50 3.66 358 46.61 6.352 663 92.45
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PURPOSE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Purchase 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
** 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.
-35-
------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
RISK CATEGORY LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
I 133 $54,597,561.31 82.34% 358 39.20 6.821 658 92.81
II 9 3,707,025.38 5.59 358 45.35 7.116 640 92.71
III 2 869,002.79 1.31 358 32.53 7.710 586 92.16
A 9 3,790,115.05 5.72 358 40.99 7.005 646 92.07
A+ 6 2,365,033.03 3.57 358 39.76 6.802 666 90.84
C- 2 980,518.26 1.48 358 51.00 8.043 633 92.39
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
* Letters correspond to risk categories of Olympus Mortgage Company and roman numerals correspond to risk
categories of Argent Mortgage Company, LLC.
------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PROPERTY TYPE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 104 $42,224,104.96 63.68% 358 40.43 6.780 653 93.10
PUD Detached 33 13,332,177.49 20.11 358 38.57 6.946 655 91.81
Two-to Four-Family 14 6,499,453.56 9.80 358 38.69 7.062 671 92.41
Condominium 10 4,253,519.81 6.41 358 38.37 7.340 655 91.60
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
PREPAYMENT NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
CHARGE TERM AT MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
ORIGINATION (MOS.) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
0 49 $20,189,325.32 30.45% 358 39.76 7.193 655 92.19
12 13 5,224,193.82 7.88 358 38.62 6.908 669 92.29
24 68 28,043,481.26 42.29 358 40.77 6.742 652 93.40
36 31 12,852,255.42 19.38 358 38.01 6.662 656 92.01
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
-36-
------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CONFORMING BALANCE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
Non-Conforming 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 161 $66,309,255.82 100.00% 358 39.75 6.877 655 92.67
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MAXIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 3 $ 1,192,042.85 2.15% 358 46.91 5.338 643 92.66
11.500 - 11.999 12 5,040,343.50 9.09 358 40.70 5.811 688 92.46
12.000 - 12.499 24 10,272,057.56 18.52 358 39.48 6.270 650 92.99
12.500 - 12.999 41 16,593,980.38 29.92 358 39.38 6.765 654 93.12
13.000 - 13.499 27 10,999,669.18 19.83 358 41.07 7.248 648 92.46
13.500 - 13.999 16 6,914,905.20 12.47 358 41.93 7.757 650 91.28
14.000 - 14.499 11 4,447,953.55 8.02 358 39.12 8.165 621 93.84
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
-37-
------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MINIMUM MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
MORTGAGE RATES (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 3 $ 1,192,042.85 2.15% 358 46.91 5.338 643 92.66
5.500 - 5.999 12 5,040,343.50 9.09 358 40.70 5.811 688 92.46
6.000 - 6.499 24 10,272,057.56 18.52 358 39.48 6.270 650 92.99
6.500 - 6.999 41 16,593,980.38 29.92 358 39.38 6.765 654 93.12
7.000 - 7.499 27 10,999,669.18 19.83 358 41.07 7.248 648 92.46
7.500 - 7.999 16 6,914,905.20 12.47 358 41.93 7.757 650 91.28
8.000 - 8.499 11 4,447,953.55 8.02 358 39.12 8.165 621 93.84
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TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
RANGE OF MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
GROSS MARGINS (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 46 $19,641,493.56 35.41% 358 40.28 7.064 661 92.68
5.500 - 5.749 14 5,808,959.15 10.47 358 41.36 7.182 641 92.09
6.000 - 6.249 13 5,321,952.23 9.60 359 41.18 7.257 645 91.12
6.500 - 6.749 61 24,688,547.28 44.52 358 39.90 6.599 649 93.26
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
-38-
------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
NEXT ADJUSTMENT DATE LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
March 2006 10 $ 4,154,397.11 7.49% 357 44.42 7.006 631 93.52
April 2006 82 33,629,384.94 60.64 358 39.69 6.851 655 93.08
May 2006 5 2,201,120.26 3.97 359 44.61 6.858 671 91.08
June 2006 3 1,201,300.00 2.17 360 40.25 7.087 633 88.59
April 2007 29 12,247,978.66 22.08 358 39.63 6.887 649 92.37
May 2007 2 777,421.25 1.40 359 41.49 7.080 639 95.00
June 2007 3 1,249,350.00 2.25 360 41.75 7.245 672 89.34
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
INITIAL PERIODIC MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
2.000 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL REMAINING DEBT-
NUMBER OF BALANCE BALANCE AS OF TERM TO TO- GROSS
MORTGAGE AS OF THE CUT- THE CUT-OFF MATURITY INCOME COUPON QLTV
PERIODIC CAP (%) LOANS OFF DATE DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------
1.000 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
------------------------------------------------------------------------------------------------------------------------------
TOTAL: 134 $55,460,952.22 100.00% 358 40.31 6.888 652 92.72
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