Contract

EXHIBIT 99.2

The depositor has purchased mortgage loans from IndyMac Bank, F.S.B. (“IndyMac Bank”) pursuant to a pooling and servicing agreement, dated as of September 1, 2006, among IndyMac Bank, as seller and servicer, the depositor and the trustee, and assigned to the trustee for the benefit of holders of the certificates the mortgage loans (the “Closing Date Mortgage Loans”). Pursuant to each subsequent transfer instrument, the trust acquired subsequent mortgage loans (the “Subsequent Mortgage Loans” and together with the Closing Date Mortgage Loans, the “Mortgage Loans”) to be included in the mortgage pool. The Mortgage Loans have an aggregate principal balance as of the subsequent cut-off date of approximately $949,997,358. The Mortgage Loans included in loan group I have an aggregate principal balance equal to approximately $249,989,542 and the Mortgage Loans included in loan group II have an aggregate principal balance equal to approximately $700,007,816.

At origination, approximately 98.68% of the Mortgage Loans in loan group I and approximately 96.66% of the Mortgage Loans in loan group II had stated terms to maturity of 30 years and the remaining loans in each loan group had stated terms to maturity at origination of less than 30 years. Substantially all of the Mortgage Loans provide for payments due on the first day of each month. Scheduled monthly payments made by the mortgagors on the mortgage loans either earlier or later than the scheduled due dates thereof is not expected to affect the amortization schedule or the relative application of those payments to principal and interest.

Certain of the mortgage loans included in the trust will be mortgage loans that only require the related mortgagor to pay interest on the principal balance of the mortgage loan for either the first two, five or ten years after its origination, but require that the entire principal balance of the mortgage loan be fully amortized over the related remaining term of the mortgage loan following such interest only period (such mortgage loans are referred to as “Interest-Only Mortgage Loans”). The mortgage rate at which interest is calculated during the period in which only payments of interest are due may be fixed or adjustable or initially fixed and then adjustable. Approximately 105 of the Mortgage Loans in loan group I and approximately 473 of the Mortgage Loans in loan group II, representing approximately 10.34% and 19.55%, respectively, of the Mortgage Loans in that loan group are Interest Only Mortgage Loans. See the tables entitled “Product Type” in Annex II for additional characteristics of the Interest-Only Mortgage Loans.

Certain of the mortgage loans included in the trust will be secured by a second lien on the related mortgages property (each a “Second Lien Loan”). Approximately 0.58% of the Mortgage Loans in loan group I and approximately 2.79% of the Loans in loan group II are Second Lien Loans.

Approximately 25.97% of the Mortgage Loans in loan group I and approximately 25.84% of the Mortgage Loans in loan group II are balloon loans and provide for equal monthly payments, consisting of principal and interest, based on a stated amortization schedule, and a single payment of the remaining principal balance of the loan at maturity. See the tables entitled “Product Type” in Annex II for the balloon loans included in the mortgage pool.

Approximately 65.40% of the Mortgage Loans in loan group I and approximately 62.94% of the Mortgage Loans in loan group II contain prepayment charges. Prepayment charges provide that if the borrower were to prepay the mortgage loan in full at any time from the origination of the mortgage loan to a date set forth in the related mortgage note (the “Prepayment Charge Period”), the borrower would also have to pay a fee in addition to the amount necessary to repay the mortgage loan. The Prepayment Charge Period for the mortgage loans vary from one year to three years, depending on the terms set forth in the related mortgage note. The amount of the prepayment charge varies.

The mortgage rate of each of the fixed-rate mortgage loans will be fixed for the life of the loan. The Mortgage Rates for a substantial majority of the adjustable-rate mortgage loans will be fixed for a period after the origination of each such mortgage loan, after which it will adjust semi-annually or annually based on the applicable Loan Index. The rates on these mortgage loans adjust periodically on a date (the “Adjustment Date”) after an initial period during which their rate is fixed that ends on their initial Adjustment Date. The change in the interest rate of any adjustable rate mortgage loan on any single Adjustment Date may not exceed a maximum known as its “Periodic Rate Cap” nor the maximum known as the “Maximum Mortgage Rate”. The interest rate for each of these mortgage loans is computed as a margin specified in the related mortgage note over the applicable Loan Index which may be 6-month LIBOR or 1-year LIBOR. “6-month LIBOR” is the average of interbank offered rates for six month U.S. dollar deposits, respectively, in the London market based on quotations of major banks, as published either (x) by Xxxxxx Xxx either 30 or 45 days before the Adjustment Date or (y) in the “Money Rates” section of The Wall Street Journal as of the first business day of the month before the Adjustment Date. “1-year LIBOR” is the average of interbank offered rates for one year U.S. dollar deposits, respectively, in the London market based on quotations of major banks, as published either (x) by Xxxxxx Mae either 30 or 45 days before the Adjustment Date or (y) in the “Money Rates” section of The Wall Street Journal as of the first business day of the month before the Adjustment Date. The following tables summarize these characteristics of the different loan programs for the different types of adjustable-rate mortgage loans that will be included in the trust. See the tables entitled “Product Type” in Annex II for the adjustable-rate mortgage loans.

Type	Initial Fixed Rate Period	Base Index	Periodic Rate Adjustment Period
2/6 LIBOR Adjustable Mortgage Loans	2 years	6-month LIBOR	6 mos.
3/6 LIBOR Adjustable Mortgage Loans	3 years	6-month LIBOR	6 mos.
3/1 LIBOR Adjustable Mortgage Loans	3 years	1-year LIBOR	1 year
5/6 LIBOR Adjustable Mortgage Loans	5 years	6-month LIBOR	6 mos.
5/1 LIBOR Adjustable Mortgage Loans	5 years	1-year LIBOR	1 year

The 2/28 Adjustable Mortgage Loans will include performance loans (“Performance Loans”) that provide borrowers the potential of a margin reduction for good payment history. The payment history for the Performance Loan is evaluated in the second month preceding the month in which the initial Adjustment Date occurs. If the related borrower has made scheduled payments in full since the origination of that loan with a maximum of one late payment (which cannot be in the month of evaluation) the loan is eligible for a reduction (ranging from 0.50% to 1.00%) in the margin used to calculate the mortgage rate. Approximately 4.00% of the Mortgage Loans are Performance Loans.

CLOSING DATE MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS

CURRENT STATED PRINCIPAL BALANCE

Current Unpaid Principal Balance ($)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50,000 or less		292	$	10,712,664		1.13	%	$	36,687		10.531	%		81.07	%		623		42.64	%		35.39	%
50,000.01- 100,000.00		858		65,469,384		6.89			76,305		9.795			81.85			617		46.04			37.78
100,000.01- 150,000.00		913		114,858,791		12.09			125,804		8.959			77.46			604		53.26			38.97
150,000.01- 200,000.00		752		132,069,281		13.90			175,624		8.661			78.41			607		49.44			40.83
200,000.01- 250,000.00		634		143,186,157		15.07			225,846		8.455			78.56			612		43.77			40.98
250,000.01- 300,000.00		471		130,088,521		13.69			276,196		8.338			78.93			611		40.29			42.21
300,000.01- 350,000.00		332		107,698,108		11.34			324,392		8.127			81.24			620		37.49			42.48
350,000.01- 400,000.00		210		78,936,526		8.31			375,888		8.107			81.12			631		28.69			41.91
400,000.01- 450,000.00		144		61,272,683		6.45			425,505		7.870			81.57			637		40.12			43.10
450,000.01- 500,000.00		87		41,569,876		4.38			477,815		7.858			80.29			640		35.48			40.85
500,000.01- 550,000.00		37		19,439,257		2.05			525,385		7.695			82.55			637		48.75			41.83
550,000.01- 600,000.00		29		16,627,019		1.75			573,345		7.939			82.33			629		37.90			42.08
600,000.01- 650,000.00		22		13,896,077		1.46			631,640		7.892			79.32			651		22.68			36.17
650,000.01- 700,000.00		8		5,318,399		0.56			664,800		7.672			86.07			633		37.52			42.21
700,000.01- 750,000.00		3		2,184,544		0.23			728,181		8.376			80.13			668		32.73			46.87
750,000.01- 800,000.00		4		3,129,636		0.33			782,409		7.410			73.03			649		49.91			45.34
800,000.01- 850,000.00		2		1,647,433		0.17			823,717		8.995			79.99			619		0.00			47.58
850,000.01- 900,000.00		1		895,000		0.09			895,000		7.625			66.30			592		100.00			24.30
950,000.01- 1,000,000.00		1		998,000		0.11			998,000		9.125			75.61			637		100.00			43.63
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

The average current principal balance of the Mortgage Loans is approximately $197,916.

FICO SCORE

FICO	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
500 or less		10	$	1,663,674		0.18	%	$	166,367		9.503	%		67.04	%		500		64.95	%		40.59	%
501 - 520		219		35,695,357		3.76			162,992		9.985			67.87			510		69.27			42.25
521 - 540		311		52,163,614		5.49			167,729		9.501			73.63			530		59.29			40.85
541 - 560		442		82,967,534		8.73			187,709		8.919			75.07			550		56.35			41.16
561 - 580		446		88,882,084		9.36			199,287		8.657			76.88			571		56.62			40.94
581 - 600		485		105,718,363		11.13			217,976		8.576			78.32			591		49.79			42.28
601 - 620		839		162,143,640		17.07			193,258		8.701			82.89			612		50.41			40.82
621 - 640		597		120,790,123		12.71			202,329		8.306			81.53			630		32.11			40.74
641 - 660		454		98,403,809		10.36			216,748		8.223			83.65			649		28.94			40.92
661 - 680		361		68,331,506		7.19			189,284		8.029			82.56			670		23.77			40.24
681 - 700		222		43,213,391		4.55			194,655		7.758			82.43			690		25.97			40.77
701 - 720		158		30,289,962		3.19			191,709		7.447			81.20			711		23.05			41.74
721 - 740		110		23,447,231		2.47			213,157		7.463			81.95			729		22.35			39.42
741 - 760		64		15,465,223		1.63			241,644		7.315			78.32			749		23.59			39.68
761 - 780		51		12,482,120		1.31			244,747		7.100			80.94			771		18.82			40.90
781 - 800		17		4,589,843		0.48			269,991		6.954			75.89			786		47.32			37.13
801 - 820		14		3,749,884		0.39			267,849		6.766			79.36			807		11.17			37.47
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

The non-zero weighted average FICO score of the Mortgage Loans is approximately 618.

ORIGINAL TERM TO MATURITY

Original Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		363	$	26,134,630		2.75	%	$	71,996		10.576	%		90.98	%		660		12.12	%		39.81	%
181 - 240		12		567,423		0.06			47,285		12.065			85.73			613		46.44			42.41
301 - 360		4,425		923,295,304		97.19			208,654		8.413			79.35			617		43.36			41.02
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

REMAINING TERM TO MATURITY

Remaining Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		363	$	26,134,630		2.75	%	$	71,996		10.576	%		90.98	%		660		12.12	%		39.81	%
181 - 240		12		567,423		0.06			47,285		12.065			85.73			613		46.44			42.41
241 - 300		2		377,611		0.04			188,805		10.451			80.00			614		100.00			39.76
301 - 360		4,423		922,917,694		97.15			208,663		8.412			79.35			617		43.33			41.02
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

The weighted remaining average term to maturity of the Mortgage Loans is approximately 354 months.

PROPERTY TYPE

Property Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Single Family Residence		3,337	$	644,613,701		67.85	%	$	193,172		8.508	%		79.68	%		613		43.74	%		40.82	%
PUD		618		130,787,722		13.77			211,631		8.337			81.08			627		44.42			41.84
2 Unit		242		60,637,950		6.38			250,570		8.367			77.36			631		29.59			42.32
Condo Xxxx		000		55,335,752		5.82			181,429		8.435			80.95			634		40.13			40.21
Townhouse		194		31,280,282		3.29			161,239		8.569			79.25			603		51.54			40.25
3 Xxxx		00		13,491,441		1.42			293,292		8.551			71.96			626		24.19			40.54
High Rise Condo		37		8,693,823		0.92			234,968		8.602			78.86			646		34.86			39.82
4 Xxxx		00		5,156,687		0.54			245,557		8.480			80.85			633		21.88			40.38
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

OCCUPANCY TYPE

Occupancy Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Owner Occupied		4,358	$	883,610,645		93.01	%	$	202,756		8.423	%		79.52	%		616		44.48	%		41.35	%
Investor Occupied		396		54,983,301		5.79			138,847		9.192			82.10			651		16.48			34.86
Second Home		46		11,403,412		1.20			247,900		9.004			79.79			631		14.65			42.17
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

Based on representations of the related mortgagors at the time of origination.

LOAN PURPOSE

Loan Purpose	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Cash Out Refinance		2,776	$	598,211,877		62.97	%	$	215,494		8.494	%		77.16	%		600		44.98	%		40.99	%
Purchase		1,765		308,013,356		32.42			174,512		8.366			85.23			654		36.18			41.10
Rate & Term Refinance		259		43,772,125		4.61			169,004		8.965			74.78			606		53.01			39.99
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

ORIGINAL LOAN-TO-VALUE RATIOS

Original LTV (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50.00 or less		241	$	31,816,391		3.35	%	$	132,018		8.740	%		39.24	%		593		36.22	%		37.41	%
50.01 - 55.00		102		16,895,966		1.78			165,647		8.668			52.74			591		40.40			39.99
55.01 - 60.00		150		30,766,564		3.24			205,110		8.705			57.90			584		41.58			41.26
60.01 - 65.00		220		47,094,171		4.96			214,064		8.428			63.25			592		47.54			40.79
65.01 - 70.00		347		65,934,973		6.94			190,014		8.965			68.81			582		47.94			40.10
70.01 - 75.00		351		76,674,941		8.07			218,447		8.413			73.82			595		45.29			41.12
75.01 - 80.00		1,334		298,600,583		31.43			223,839		7.861			79.67			641		33.98			41.38
80.01 - 85.00		435		91,947,189		9.68			211,373		8.565			84.41			592		47.28			41.71
85.01 - 90.00		782		164,188,176		17.28			209,959		8.574			89.60			623		38.22			40.31
90.01 - 95.00		205		50,985,491		5.37			248,710		8.640			94.64			625		55.73			41.42
95.01 - 100.00		633		75,092,913		7.90			118,630		9.881			99.93			641		63.61			42.08
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

The weighted average original loan-to-value ratio of the Mortgage Loans is approximately 79.67%.

GEOGRAPHIC DISTRIBUTION

State	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
New York		398	$	125,019,445		13.16	%	$	314,119		7.833	%		77.17	%		627		40.60	%		41.33	%
Florida		619		120,851,871		12.72			195,237		8.677			80.64			613		41.32			40.76
Southern California		359		100,360,990		10.56			279,557		8.017			76.90			641		28.27			42.77
New Jersey		334		79,284,978		8.35			237,380		8.656			77.10			599		41.05			42.00
Maryland		292		60,586,653		6.38			207,489		8.419			78.47			608		45.57			39.92
Illinois		224		46,289,603		4.87			206,650		8.782			83.44			616		33.79			41.72
Northern California		160		45,956,993		4.84			287,231		8.053			77.99			624		36.64			41.52
Virginia		179		37,710,705		3.97			210,674		8.277			79.47			618		45.36			41.58
Massachusetts		144		36,970,056		3.89			256,736		8.570			80.31			605		43.55			41.11
Texas		267		30,864,773		3.25			115,598		9.154			86.86			612		62.96			40.78
Other		1,824		266,101,290		28.01			145,889		8.770			81.23			616		48.63			39.88
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

ZIP CODE

Zip Code	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
22193		17	$	4,501,443		0.47	%	$	264,791		7.838	%		82.98	%		639		53.69	%		44.94	%
11717		11		3,093,065		0.33			281,188		7.836			75.46			623		57.95			44.73
11706		10		2,562,164		0.27			256,216		8.109			81.62			619		35.17			45.12
20772		8		2,433,968		0.26			304,246		8.115			87.75			625		33.34			42.28
02909		9		2,343,049		0.25			260,339		9.092			86.44			621		44.66			45.88
33177		9		2,302,851		0.24			255,872		7.687			82.37			640		88.61			39.23
89085		7		2,234,362		0.24			319,195		6.349			80.94			662		13.42			42.23
20744		9		2,124,485		0.22			236,054		7.676			78.14			610		62.84			43.66
11203		6		2,123,184		0.22			353,864		7.958			78.09			622		34.61			46.54
33012		8		2,029,028		0.21			253,628		8.235			78.18			608		32.66			42.75
Other		4,706		924,249,760		97.29			196,398		8.491			79.63			617		42.38			40.90
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

TYPE OF DOCUMENTATION PROGRAM

Documentation	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Full		2,155	$	403,725,582		42.50	%	$	187,344		8.409	%		80.54	%		600		100.00	%		41.37	%
Limited Documentation		123		29,508,344		3.11			239,905		8.469			80.63			611		0.00			34.86
No Document		5		834,455		0.09			166,891		6.944			81.27			713		0.00			0.00
No Income No Assets		5		1,038,320		0.11			207,664		7.056			71.07			723		0.00			0.00
No Ratio		6		1,774,469		0.19			295,745		7.480			79.04			686		0.00			0.00
Stated		2,506		513,116,188		54.01			204,755		8.535			78.95			632		0.00			41.03
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

LIEN STATUS

Lien Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
First Lien		4,473	$	929,051,017		97.80	%	$	207,702		8.413	%		79.22	%		617		43.32	%		40.98	%
Second Lien		327		20,946,341		2.20			64,056		11.192			99.65			669		6.06			41.09
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

MORTGAGE RATE

Current Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.501 - 5.000		6	$	1,536,354		0.16	%	$	256,059		4.934	%		66.59	%		674		59.50	%		45.68	%
5.001 - 5.500		9		2,610,688		0.27			290,076		5.352			75.11			729		28.58			39.71
5.501 - 6.000		42		11,531,883		1.21			274,569		5.849			74.95			695		68.25			40.23
6.001 - 6.500		105		29,516,155		3.11			281,106		6.387			77.24			688		46.05			41.77
6.501 - 7.000		277		78,620,867		8.28			283,830		6.855			76.39			664		50.12			40.87
7.001 - 7.500		413		103,711,450		10.92			251,117		7.339			76.94			646		43.12			41.76
7.501 - 8.000		639		161,380,139		16.99			252,551		7.826			78.86			623		43.63			41.82
8.001 - 8.500		644		141,009,034		14.84			218,958		8.330			79.92			611		37.81			40.71
8.501 - 9.000		762		146,994,927		15.47			192,907		8.811			81.20			602		39.71			40.72
9.001 - 9.500		598		105,883,091		11.15			177,062		9.320			83.81			599		41.99			40.95
9.501 - 10.000		542		81,135,057		8.54			149,696		9.792			84.17			593		41.91			40.38
10.001 - 10.500		220		31,197,329		3.28			141,806		10.293			80.53			587		33.86			39.96
10.501 - 11.000		149		17,287,688		1.82			116,025		10.799			77.28			570		40.09			39.17
11.001 - 11.500		101		12,590,692		1.33			124,660		11.315			71.30			565		54.56			41.26
11.501 - 12.000		118		12,690,105		1.34			107,543		11.818			68.96			562		55.89			39.78
12.001 - 12.500		49		4,796,969		0.50			97,897		12.256			65.59			544		70.79			36.82
12.501 - 13.000		52		3,178,315		0.33			61,121		12.875			89.17			612		28.08			40.64
13.001 - 13.500		24		1,879,139		0.20			78,297		13.343			85.71			606		6.38			41.28
13.501 - 14.000		43		2,212,176		0.23			51,446		13.903			99.94			629		2.90			41.08
14.001 - 14.500		4		153,204		0.02			38,301		14.226			100.00			626		0.00			41.33
14.501 - 15.000		3		82,097		0.01			27,366		14.703			99.99			625		0.00			35.35
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

The weighted average mortgage rate of the Mortgage Loans is approximately 8.474%.

MAXIMUM MORTGAGE RATE

Life Maximum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
10.000 or less		4	$	580,331		0.08	%	$	145,083		8.200	%		72.00	%		607		59.77	%		37.21	%
10.001-10.500		5		689,558		0.09			137,912		8.761			81.95			598		87.27			44.00
10.501-11.000		15		3,485,903		0.48			232,394		7.283			73.03			631		59.99			44.28
11.001-11.500		37		8,784,201		1.21			237,411		6.653			74.27			683		38.84			40.46
11.501-12.000		53		13,665,920		1.88			257,848		6.430			78.67			675		46.46			41.97
12.001-12.500		118		31,019,424		4.26			262,876		6.942			77.80			673		35.36			41.73
12.501-13.000		198		56,461,272		7.76			285,158		7.078			79.07			658		45.75			41.50
13.001-13.500		277		69,511,950		9.55			250,946		7.438			78.20			638		43.72			42.20
13.501-14.000		463		116,083,465		15.95			250,720		7.878			79.69			620		42.20			42.27
14.001-14.500		490		112,627,277		15.48			229,852		8.368			80.85			611		36.21			40.89
14.501-15.000		554		115,393,670		15.86			208,292		8.837			81.81			600		36.45			40.89
15.001-15.500		455		85,727,591		11.78			188,412		9.342			84.23			598		40.36			40.82
15.501-16.000		373		60,556,501		8.32			162,350		9.780			84.35			592		39.28			40.55
16.001-16.500		142		21,069,139		2.90			148,374		10.285			77.20			580		31.30			40.62
16.501-17.000		76		10,890,919		1.50			143,302		10.800			73.98			553		47.84			39.64
17.001-17.500		56		8,509,304		1.17			151,952		11.327			64.44			544		58.69			40.58
17.501-18.000		59		8,359,130		1.15			141,680		11.809			62.39			539		70.01			39.59
18.001-18.500		28		3,349,496		0.46			119,625		12.253			64.14			534		75.61			38.31
18.501-19.000		6		427,254		0.06			71,209		12.709			64.05			522		85.58			36.08
19.001-19.500		3		408,138		0.06			136,046		13.381			46.32			504		29.38			38.78
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

The weighted average maximum mortgage rate of the Mortgage Loans is approximately 14.354%.

MINIMUM MORTGAGE RATE

Life Minimum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 and below		254	$	66,312,689		9.11	%	$	261,074		7.069	%		77.98	%		699		24.49	%		41.44	%
4.001 - 4.500		95		22,784,134		3.13			239,833		7.573			80.10			658		16.35			42.70
4.501 - 5.000		22		4,709,662		0.65			214,076		7.950			85.26			631		50.82			40.31
5.001 - 5.500		252		52,069,513		7.16			206,625		7.442			79.85			655		30.04			42.03
5.501 - 6.000		1,625		341,302,382		46.91			210,032		8.598			83.64			609		37.61			40.92
6.001 - 6.500		726		164,276,111		22.58			226,276		8.632			77.85			592		50.56			41.63
6.501 - 7.000		211		38,793,145		5.33			183,854		9.317			73.48			577		53.13			41.31
7.001 - 7.500		171		27,406,305		3.77			160,271		10.737			64.32			561		77.54			39.83
7.501 - 8.000		22		3,991,937		0.55			181,452		8.979			76.74			580		57.01			42.62
8.001 - 8.500		15		2,758,206		0.38			183,880		8.889			81.66			617		38.81			42.48
8.501 - 9.000		7		1,545,497		0.21			220,785		9.301			80.02			596		19.27			37.68
9.001 - 9.500		4		474,216		0.07			118,554		9.625			78.94			524		100.00			43.88
9.501 - 10.000		6		942,765		0.13			157,127		9.928			77.39			602		44.91			43.60
10.501 - 11.000		1		55,185		0.01			55,185		8.500			75.00			519		100.00			24.93
11.501 - 12.000		1		178,697		0.02			178,697		11.875			55.00			531		0.00			43.93
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

The weighted average minimum mortgage rate of the Mortgage Loans is approximately 5.821%.

PRODUCT TYPE

Product Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Fixed - 30/15 Balloon		321	$	20,971,961		2.21	%	$	65,333		11.151	%		97.28	%		670		7.44	%		40.86	%
15 Year Fixed		42		5,162,670		0.54			122,921		8.237			65.41			622		31.12			35.45
20 Year Fixed		12		567,423		0.06			47,285		12.065			85.73			613		46.44			42.41
2/6 Month LIBOR		1,898		336,411,471		35.41			177,245		8.948			78.88			597		43.88			40.55
2/6 Month LIBOR - 24 Month IO		16		4,885,207		0.51			305,325		7.225			79.06			677		17.33			42.69
2/6 Month LIBOR - 40 Year Am Term		634		167,353,232		17.62			263,964		8.205			83.40			618		33.87			41.79
2/6 Month LIBOR - 60 Month IO		1		229,500		0.02			229,500		7.875			90.00			721		100.00			54.21
2/6 Month LIBOR -120 Month IO		369		104,321,626		10.98			282,714		7.641			80.82			661		42.52			42.47
30 Year Fixed		829		149,000,982		15.68			179,736		8.279			75.72			620		56.73			39.83
30 Year Fixed -120 Month IO		50		13,251,489		1.39			265,030		7.630			77.91			653		55.34			42.17
3/1 Arm 1 Year LIBOR		122		22,310,438		2.35			182,872		9.102			75.03			570		54.50			40.82
3/1 Arm 1 Year LIBOR - 40 Year Am Term		49		12,608,403		1.33			257,314		8.250			79.60			603		45.00			40.78
3/1 Arm 1 Year LIBOR -120 Month IO		22		6,027,915		0.63			273,996		7.837			72.12			622		70.67			42.57
3/6 Month LIBOR		27		3,785,168		0.40			140,191		9.167			74.02			576		42.67			41.51
3/6 Month LIBOR - 60 Month IO		10		1,651,055		0.17			165,106		8.929			81.82			604		100.00			46.43
5/1 Arm 1 Year LIBOR		111		24,215,936		2.55			218,162		8.526			81.09			612		39.44			41.73
5/1 Arm 1 Year LIBOR - 40 Year Am Term		43		11,445,495		1.20			266,174		8.346			81.55			617		27.51			42.07
5/1 Arm 1 Year LIBOR - 60 Month IO		1		895,000		0.09			895,000		7.625			66.30			592		100.00			24.30
5/1 Arm 1 Year LIBOR -120 Month IO		105		30,242,898		3.18			288,028		7.473			78.38			669		23.79			41.16
5/6 Month LIBOR -120 Month IO		4		1,217,100		0.13			304,275		7.703			80.00			638		0.00			45.15
Fixed - 40/30 Balloon		134		33,442,389		3.52			249,570		7.984			79.62			629		37.59			40.75
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

PREPAYMENT PENALTY TERM

Penalty (months)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
0		1,685	$	345,955,340		36.42	%	$	205,315		8.696	%		78.86	%		614		38.89	%		41.15	%
12		283		67,605,776		7.12			238,890		8.454			80.53			625		40.38			41.28
24		1,667		311,937,419		32.84			187,125		8.438			80.66			616		43.00			41.03
36		1,165		224,498,822		23.63			192,703		8.189			79.29			624		48.00			40.57
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

CREDIT GRADE

Credit Grade	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1++		3,430	$	679,560,009		71.53	%	$	198,122		8.285	%		82.01	%		630		36.90	%		41.03	%
1+		442		98,117,667		10.33			221,986		8.498			78.80			604		44.35			41.14
1		298		66,566,166		7.01			223,376		8.528			75.77			585		60.13			41.42
2		238		45,529,355		4.79			191,300		8.796			71.59			578		56.93			40.16
3		190		31,536,373		3.32			165,981		9.312			68.02			571		60.92			40.78
4		202		28,687,788		3.02			142,019		11.323			61.99			554		84.79			39.72
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

NEXT RATE ADJUSTMENT DATE

Next Adjustment Date	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
October 1, 2006		4	$	948,266		0.13	%	$	237,066		7.669	%		82.34	%		572		100.00	%		47.18	%
November 1, 2006		7		868,590		0.12			124,084		6.745			74.36			568		75.77			38.59
December 1, 2006		7		1,037,151		0.14			148,164		7.334			76.93			543		74.12			28.65
January 1, 2007		1		220,800		0.03			220,800		9.375			78.07			589		100.00			48.37
February 1, 2007		1		145,082		0.02			145,082		10.125			80.00			536		100.00			42.97
March 1, 2007		8		1,299,764		0.18			162,470		8.319			83.05			603		94.57			39.53
April 1, 2007		2		163,316		0.02			81,658		7.570			92.52			579		100.00			29.97
May 1, 2007		2		253,358		0.03			126,679		7.174			84.63			541		100.00			36.13
June 1, 2007		2		636,384		0.09			318,192		5.558			64.84			729		0.00			36.31
November 1, 2007		2		438,602		0.06			219,301		7.100			85.23			743		52.33			54.21
February 1, 2008		2		395,839		0.05			197,920		7.946			79.99			673		0.00			48.02
March 1, 2008		7		1,834,813		0.25			262,116		7.645			76.66			665		30.92			36.08
April 1, 2008		10		2,683,800		0.37			268,380		7.664			80.51			660		19.60			40.14
May 1, 2008		12		2,364,940		0.33			197,078		8.124			81.84			644		39.02			41.36
June 1, 2008		73		17,419,560		2.39			238,624		7.898			81.09			645		39.05			42.34
July 1, 2008		638		131,933,040		18.13			206,792		8.484			80.52			615		40.33			41.80
August 1, 2008		946		202,436,356		27.82			213,992		8.598			80.65			614		37.51			40.91
September 1, 2008		974		203,189,876		27.93			208,614		8.538			80.75			611		43.95			41.28
October 1, 2008		220		44,931,499		6.18			204,234		8.544			78.01			609		39.68			40.80
January 1, 2009		1		310,933		0.04			310,933		7.625			80.00			646		0.00			47.75
March 1, 2009		2		191,663		0.03			95,831		9.064			80.00			617		100.00			48.30
April 1, 2009		23		3,161,034		0.43			137,436		9.352			76.40			574		66.04			43.97
May 1, 2009		12		1,820,116		0.25			151,676		9.087			77.19			585		61.53			40.39
June 1, 2009		8		2,530,354		0.35			316,294		8.254			66.06			596		54.93			44.07
July 1, 2009		39		8,554,309		1.18			219,341		8.922			76.30			588		51.57			41.51
August 1, 2009		63		11,759,348		1.62			186,656		8.895			74.79			580		49.56			40.55
September 1, 2009		63		14,015,623		1.93			222,470		8.442			78.84			588		66.22			41.12
October 1, 2009		19		4,039,599		0.56			212,610		8.276			74.54			603		25.96			39.33
June 1, 2010		1		88,941		0.01			88,941		6.875			80.00			677		0.00			35.15
December 1, 2010		1		327,200		0.04			327,200		6.990			80.00			614		0.00			43.40
April 1, 2011		1		438,400		0.06			438,400		7.625			80.00			631		0.00			38.76
May 1, 2011		3		911,000		0.13			303,667		7.410			80.00			676		0.00			45.02
June 1, 2011		20		4,910,663		0.67			245,533		7.383			79.09			681		16.68			41.37
July 1, 2011		62		15,131,816		2.08			244,062		7.785			80.46			663		10.21			41.17
August 1, 2011		76		20,222,948		2.78			266,091		8.248			82.37			640		21.71			41.53
September 1, 2011		82		22,064,211		3.03			269,076		8.000			76.80			616		57.93			40.90
October 1, 2011		17		3,521,250		0.48			207,132		8.827			80.87			601		24.18			44.17
December 1, 2011		1		400,000		0.05			400,000		6.875			80.00			607		100.00			35.47
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

The weighted average number of months to the next adjustment date for the Mortgage Loans is approximately 27 months.

GROSS MARGIN

Margin (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 and below		283	$	73,800,078		10.14	%	$	260,778		7.126	%		78.13	%		700		23.45	%		41.34	%
4.001 - 4.500		89		20,634,083		2.84			231,844		7.611			80.42			646		16.10			42.52
4.501 - 5.000		18		3,594,465		0.49			199,693		7.860			86.26			595		63.23			41.42
5.001 - 5.500		249		51,332,880		7.06			206,156		7.465			79.91			653		30.70			42.10
5.501 - 6.000		1,715		360,654,827		49.57			210,294		8.624			83.64			609		37.52			40.98
6.001 - 6.500		710		159,341,372		21.90			224,424		8.617			77.35			590		52.15			41.66
6.501 - 7.000		179		32,032,381		4.40			178,952		9.369			71.51			574		55.16			41.27
7.001 - 7.500		163		25,513,304		3.51			156,523		11.000			63.08			556		80.39			39.43
7.501 - 8.000		4		527,806		0.07			131,951		10.554			76.66			562		79.69			43.50
8.001 - 8.500		1		114,063		0.02			114,063		9.600			80.00			610		100.00			49.46
10.501 - 11.000		1		55,185		0.01			55,185		8.500			75.00			519		100.00			24.93
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

The weighted average gross margin of the Mortgage Loans is approximately 5.752%.

INITIAL PERIODIC RATE CAP

Initial Cap (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1.000		1	$	114,412		0.02	%	$	114,412		10.625	%		80.00	%		600		100.00	%		40.82	%
1.500		36		5,315,327		0.73			147,648		9.148			76.93			584		61.45			43.14
2.000		195		41,224,547		5.67			211,408		8.641			76.04			588		53.59			41.06
3.000		2,902		609,268,153		83.74			209,948		8.517			80.48			614		40.91			41.24
5.000		264		67,639,127		9.30			256,209		8.010			79.76			639		30.73			41.35
6.000		14		4,038,876		0.56			288,491		7.186			75.26			675		8.92			40.48
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

SUBSEQUENT PERIODIC RATE CAP

Periodic Cap (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1.000		2,909	$	610,610,335		83.92	%	$	209,904		8.517	%		80.47	%		614		40.84	%		41.24	%
1.500		36		5,315,327		0.73			147,648		9.148			76.93			584		61.45			43.14
2.000		467		111,674,781		15.35			239,132		8.210			78.24			621		38.72			41.24
Total		3,412	$	727,600,443		100.00	%	$	213,247		8.474	%		80.10	%		615		40.66	%		41.25	%

INTEREST ONLY TERM

Interest Only Term	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
0		4,222	$	787,275,567		82.87	%	$	186,470		8.651	%		79.67	%		609		42.80	%		40.74	%
24		16		4,885,207		0.51			305,325		7.225			79.06			677		17.33			42.69
60		12		2,775,555		0.29			231,296		8.421			77.49			610		100.00			39.94
120		550		155,061,028		16.32			281,929		7.616			79.75			660		40.72			42.21
Total		4,800	$	949,997,358		100.00	%	$	197,916		8.474	%		79.67	%		618		42.50	%		40.98	%

CLOSING DATE MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS

IN LOAN GROUP I

The Mortgage Loans to be included in loan group I consist of 1,352 adjustable-rate and fixed-rate Mortgage Loans having an aggregate principal balance of $249,989,542, subject to a permitted variance of plus or minus 5%. The Mortgage Loans included in loan group I have the characteristics set forth below (the sum in any column may not equal the total indicated due to rounding).

CURRENT STATED PRINCIPAL BALANCE

Current Unpaid Principal Balance ($)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50,000 or less		58	$	2,170,570		0.87	%	$	37,424		10.109	%		77.37	%		622		44.15	%		35.49	%
50,000.01- 100,000.00		222		17,310,117		6.92			77,973		9.636			80.92			604		65.19			38.35
100,000.01- 150,000.00		307		38,580,351		15.43			125,669		8.899			80.38			606		61.28			40.46
150,000.01- 200,000.00		259		45,483,078		18.19			175,610		8.638			80.32			611		53.12			41.85
200,000.01- 250,000.00		201		45,159,797		18.06			224,676		8.431			79.54			611		45.69			41.39
250,000.01- 300,000.00		110		30,411,740		12.17			276,470		8.106			78.36			616		40.07			42.70
300,000.01- 350,000.00		94		30,494,336		12.20			324,408		8.109			82.31			618		40.31			42.91
350,000.01- 400,000.00		64		24,138,326		9.66			377,161		8.280			80.58			616		26.77			41.26
400,000.01- 450,000.00		26		10,803,073		4.32			415,503		7.761			80.61			642		49.96			45.13
450,000.01- 500,000.00		8		3,854,435		1.54			481,804		7.010			74.59			641		49.80			42.30
500,000.01- 550,000.00		2		1,031,718		0.41			515,859		7.060			74.69			634		0.00			35.68
550,000.01- 600,000.00		1		552,000		0.22			552,000		7.375			80.00			734		0.00			38.46
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

The average current principal balance of the Group I Mortgage Loans is approximately $184,904.

FICO SCORE

FICO	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
500 or less		3	$	385,331		0.15	%	$	128,444		9.663	%		70.96	%		500		0.00	%		40.73	%
501 - 520		42		6,447,725		2.58			153,517		10.047			73.23			512		82.59			43.24
521 - 540		84		14,222,860		5.69			169,320		9.604			76.64			530		45.53			41.52
541 - 560		134		23,747,494		9.50			177,220		8.995			76.54			550		51.49			40.95
561 - 580		120		22,648,938		9.06			188,741		8.785			75.48			571		35.87			40.45
581 - 600		132		24,067,018		9.63			182,326		8.689			80.24			590		47.76			43.16
601 - 620		322		54,221,042		21.69			168,388		8.644			84.38			613		57.60			41.57
621 - 640		166		34,518,097		13.81			207,940		8.119			80.24			630		46.59			41.29
641 - 660		132		27,976,246		11.19			211,941		8.139			82.33			649		41.79			41.43
661 - 680		88		17,453,279		6.98			198,333		7.950			80.14			669		27.78			40.47
681 - 700		46		7,629,846		3.05			165,866		7.608			80.85			692		41.44			41.45
701 - 720		43		8,109,560		3.24			188,594		7.427			77.48			710		38.78			43.30
721 - 740		19		4,110,360		1.64			216,335		7.254			83.05			731		41.55			40.84
741 - 760		12		1,915,634		0.77			159,636		7.056			78.14			752		68.53			39.10
761 - 780		7		1,739,499		0.70			248,500		6.935			79.53			770		75.51			45.75
781 - 800		2		796,614		0.32			398,307		7.186			78.92			784		100.00			49.36
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

The non-zero weighted average FICO score of the Group I Mortgage Loans is approximately 614.

ORIGINAL TERM TO MATURITY

Original Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		51	$	3,278,960		1.31	%	$	64,293		8.896	%		81.59	%		661		23.23	%		38.25	%
181 - 240		1		18,281		0.01			18,281		11.650			20.00			557		100.00			49.43
301 - 360		1,300		246,692,301		98.68			189,763		8.481			80.12			613		47.90			41.59
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

REMAINING TERM TO MATURITY

Remaining Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		51	$	3,278,960		1.31	%	$	64,293		8.896	%		81.59	%		661		23.23	%		38.25	%
181 - 240		1		18,281		0.01			18,281		11.650			20.00			557		100.00			49.43
301 - 360		1,300		246,692,301		98.68			189,763		8.481			80.12			613		47.90			41.59
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

The weighted average remaining term to maturity of the Group I Mortgage Loans is approximately 357 months.

PROPERTY TYPE

Property Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Single Family Residence		956	$	173,245,654		69.30	%	$	181,219		8.537	%		80.00	%		611		47.29	%		41.54	%
PUD		173		30,394,611		12.16			175,691		8.233			82.35			625		59.01			41.42
2 Unit		59		16,008,218		6.40			271,326		8.327			76.06			624		36.30			42.76
Condo Unit		71		11,885,746		4.75			167,405		8.646			82.29			624		43.84			41.17
Townhouse		65		10,706,791		4.28			164,720		8.596			79.92			599		56.36			41.99
3 Unit		11		3,635,968		1.45			330,543		8.240			77.74			632		13.27			39.84
High Rise Condo		13		2,475,107		0.99			190,393		8.960			83.59			641		36.93			37.35
4 Unit		4		1,637,447		0.66			409,362		7.442			79.06			626		38.22			41.90
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

OCCUPANCY TYPE

Occupancy Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Owner Occupied		1,268	$	235,476,961		94.19	%	$	185,707		8.450	%		80.07	%		612		49.04	%		41.79	%
Investor Occupied		75		12,386,265		4.95			165,150		9.142			82.08			642		23.00			36.72
Second Home		9		2,126,316		0.85			236,257		8.761			76.06			638		28.82			42.61
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

Based on representations of the related mortgagors at the time of origination.

LOAN PURPOSE

Loan Purpose	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Cash Out Refinance		853	$	181,238,343		72.50	%	$	212,472		8.335	%		78.58	%		612		41.53	%		41.27	%
Purchase		353		45,110,913		18.05			127,793		8.762			89.70			633		63.65			43.21
Rate & Term Refinance		146		23,640,286		9.46			161,920		9.129			73.77			595		63.29			40.49
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

ORIGINAL LOAN-TO-VALUE RATIOS

Original LTV (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50.00 or less		60	$	8,116,866		3.25	%	$	135,281		8.334	%		41.89	%		606		41.16	%		39.64	%
50.01 - 55.00		29		4,189,523		1.68			144,466		8.366			52.56			609		37.02			39.59
55.01 - 60.00		39		6,393,253		2.56			163,930		8.829			57.72			601		35.45			42.22
60.01 - 65.00		60		12,822,543		5.13			213,709		8.288			62.97			611		52.57			40.20
65.01 - 70.00		107		19,170,954		7.67			179,168		8.680			68.76			594		47.91			39.57
70.01 - 75.00		90		20,366,190		8.15			226,291		8.245			73.68			605		40.10			41.43
75.01 - 80.00		366		72,213,129		28.89			197,304		8.088			79.60			619		44.11			41.78
80.01 - 85.00		149		29,493,786		11.80			197,945		8.700			84.43			593		28.20			41.84
85.01 - 90.00		182		36,738,846		14.70			201,862		8.483			89.36			630		42.97			41.85
90.01 - 95.00		74		16,444,305		6.58			222,220		8.620			94.55			625		62.02			41.32
95.01 - 100.00		196		24,040,146		9.62			122,654		9.476			99.87			627		89.57			43.33
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

The weighted average original loan-to-value ratio of the Group I Mortgage Loans is approximately 80.13%.

GEOGRAPHIC DISTRIBUTION

State	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
New York		101	$	31,110,207		12.44	%	$	308,022		7.804	%		76.93	%		623		42.74	%		42.15	%
Florida		158		29,743,142		11.90			188,248		8.640			78.76			607		38.97			41.45
New Jersey		91		20,487,262		8.20			225,135		8.732			77.23			599		43.69			43.12
Maryland		88		18,701,652		7.48			212,519		8.186			79.29			616		44.57			40.09
Southern California		63		18,152,356		7.26			288,133		7.758			72.72			631		35.89			43.21
Illinois		78		14,459,895		5.78			185,383		8.777			84.89			610		40.80			42.72
Texas		128		13,663,184		5.47			106,744		9.279			91.15			606		79.81			42.25
Georgia		75		11,357,363		4.54			151,432		8.837			89.48			623		61.68			41.32
Massachusetts		37		9,390,533		3.76			253,798		8.646			79.67			589		42.20			42.25
Virginia		45		9,213,159		3.69			204,737		7.956			80.06			638		42.55			41.66
Other		488		73,710,790		29.49			151,047		8.689			80.54			614		52.31			40.41
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

ZIP CODE

Zip Code	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
11203		4	$	1,484,250		0.59	%	$	371,063		7.760	%		80.54	%		630		29.31	%		47.56	%
11208		4		1,455,000		0.58			363,750		7.863			75.57			648		11.72			44.31
20744		5		1,368,016		0.55			273,603		7.445			81.31			615		84.80			46.40
11717		4		1,039,185		0.42			259,796		7.733			73.86			670		34.85			42.07
20716		4		1,005,575		0.40			251,394		7.797			81.20			622		27.57			39.82
11706		3		977,309		0.39			325,770		7.463			76.96			618		30.44			45.23
02301		3		956,066		0.38			318,689		8.977			92.16			629		40.27			43.86
11207		2		949,003		0.38			474,502		7.880			83.11			629		0.00			41.41
22193		4		941,940		0.38			235,485		7.416			83.78			691		71.34			47.95
20602		3		864,059		0.35			288,020		8.306			85.97			571		0.00			39.19
Other		1,316		238,949,138		95.58			181,572		8.517			80.09			613		48.20			41.43
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

TYPE OF DOCUMENTATION PROGRAM

Documentation	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Full		704	$	118,937,604		47.58	%	$	168,945		8.472	%		82.25	%		612		100.00	%		41.89	%
Limited Documentation		37		7,343,516		2.94			198,473		8.285			80.77			592		0.00			40.97
Stated		611		123,708,423		49.49			202,469		8.513			78.06			617		0.00			41.25
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

LIEN STATUS

Lien Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
First Lien		1,316	$	248,542,904		99.42	%	$	188,862		8.479	%		80.02	%		614		47.82	%		41.55	%
Second Lien		36		1,446,638		0.58			40,184		9.749			99.50			695		5.95			40.54
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

MORTGAGE RATE

Current Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.501-5.000		1	$	185,177		0.07	%	$	185,177		5.000	%		80.00	%		637		100.00	%		49.46	%
5.001-5.500		1		134,880		0.05			134,880		5.500			80.00			712		100.00			34.73
5.501-6.000		12		3,300,695		1.32			275,058		5.840			67.30			715		95.42			39.71
6.001-6.500		27		6,356,272		2.54			235,417		6.391			76.07			665		52.00			43.15
6.501-7.000		70		18,598,257		7.44			265,689		6.862			76.27			653		61.07			41.31
7.001-7.500		130		29,317,663		11.73			225,520		7.346			76.49			636		52.68			41.89
7.501-8.000		192		42,398,654		16.96			220,826		7.839			78.63			622		44.00			42.17
8.001-8.500		197		39,645,302		15.86			201,245		8.332			78.24			608		33.71			41.18
8.501-9.000		200		37,385,473		14.95			186,927		8.820			82.61			609		40.13			41.32
9.001-9.500		168		27,839,151		11.14			165,709		9.356			87.36			597		48.54			42.28
9.501-10.000		171		23,232,943		9.29			135,865		9.812			87.77			589		53.30			41.08
10.001-10.500		59		8,097,405		3.24			137,244		10.293			83.09			590		47.10			40.83
10.501-11.000		45		5,319,761		2.13			118,217		10.797			78.35			558		44.82			39.93
11.001-11.500		32		4,269,489		1.71			133,422		11.301			71.92			569		75.54			42.19
11.501-12.000		22		2,085,587		0.83			94,799		11.807			62.94			552		74.97			40.86
12.001-12.500		15		1,253,890		0.50			83,593		12.220			62.73			545		75.62			35.27
12.501-13.000		10		568,942		0.23			56,894		12.711			68.01			543		89.19			36.00
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

The weighted average mortgage rate of the Group I Mortgage Loans is approximately 8.487%.

MAXIMUM MORTGAGE RATE

Life Maximum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
10.501-11.000		1	$	185,177		0.10	%	$	185,177		5.000	%		80.00	%		637		100.00	%		49.46	%
11.001-11.500		5		1,319,880		0.72			263,976		6.243			75.01			690		86.97			42.63
11.501-12.000		9		2,180,205		1.19			242,245		6.370			75.86			648		85.96			39.31
12.001-12.500		25		5,897,356		3.22			235,894		6.585			76.71			659		42.00			42.86
12.501-13.000		49		13,055,785		7.12			266,445		7.094			79.89			652		50.02			43.49
13.001-13.500		83		19,812,099		10.80			238,700		7.445			77.62			631		45.31			41.41
13.501-14.000		136		30,625,436		16.70			225,187		7.898			79.02			622		42.70			42.20
14.001-14.500		144		30,430,352		16.60			211,322		8.381			79.71			609		34.29			41.98
14.501-15.000		148		28,378,656		15.48			191,748		8.861			81.86			604		42.45			41.32
15.001-15.500		123		21,422,418		11.68			174,166		9.354			88.04			597		47.50			42.31
15.501-16.000		109		15,937,740		8.69			146,218		9.801			87.69			587		47.69			41.46
16.001-16.500		36		5,323,933		2.90			147,887		10.273			79.64			579		42.49			41.88
16.501-17.000		21		2,798,865		1.53			133,279		10.851			75.06			549		53.38			41.20
17.001-17.500		21		3,048,569		1.66			145,170		11.301			71.34			568		70.67			41.02
17.501-18.000		14		1,506,563		0.82			107,612		11.775			66.18			543		73.93			41.25
18.001-18.500		11		1,080,900		0.59			98,264		12.216			63.03			542		71.72			36.78
18.501-19.000		4		365,661		0.20			91,415		12.724			64.60			522		100.00			37.80
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

The weighted average maximum mortgage rate of the Group I Mortgage Loans is approximately 14.448%.

MINIMUM MORTGAGE RATE

Life Minimum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 and below		24	$	4,801,942		2.62	%	$	200,081		7.078	%		76.98	%		677		48.51	%		43.30	%
4.001-4.500		5		687,086		0.37			137,417		7.567			80.00			650		0.00			43.07
4.501-5.000		3		788,266		0.43			262,755		7.948			86.22			621		41.49			43.95
5.001-5.500		54		9,171,836		5.00			169,849		7.185			79.28			672		40.27			43.77
5.501-6.000		513		99,245,230		54.12			193,460		8.527			83.99			612		38.54			41.93
6.001-6.500		224		49,705,735		27.11			221,901		8.411			78.19			605		49.81			41.24
6.501-7.000		51		10,041,182		5.48			196,886		9.029			75.65			592		54.98			42.67
7.001-7.500		52		7,287,049		3.97			140,136		10.924			66.85			572		94.43			41.67
7.501-8.000		5		544,226		0.30			108,845		9.927			71.96			531		51.40			35.98
8.001-8.500		5		655,948		0.36			131,190		8.971			76.12			616		59.11			38.99
9.001-9.500		1		185,417		0.10			185,417		9.500			80.00			537		100.00			47.90
9.501-10.000		1		76,981		0.04			76,981		12.625			70.00			533		100.00			33.45
11.501-12.000		1		178,697		0.10			178,697		11.875			55.00			531		0.00			43.93
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

The weighted average minimum mortgage rate of the Group I Mortgage Loans is approximately 6.069%.

PRODUCT TYPE

Product Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Fixed - 30/15 Balloon		36	$	1,464,687		0.59	%	$	40,686		9.839	%		97.02	%		696		4.15	%		40.26	%
15 Year Fixed		15		1,814,273		0.73			120,952		8.134			69.13			632		38.63			36.63
20 Year Fixed		1		18,281		0.01			18,281		11.650			20.00			557		100.00			49.43
2/6 Month LIBOR		550		94,578,548		37.83			171,961		8.948			80.23			597		49.05			41.53
2/6 Month LIBOR - 24 Month IO		4		683,892		0.27			170,973		7.287			69.87			677		0.00			41.69
2/6 Month LIBOR - 40 Year Am Term		191		43,767,514		17.51			229,149		8.202			82.65			614		37.53			41.27
2/6 Month LIBOR -120 Month IO		77		18,645,035		7.46			242,143		7.543			80.05			673		48.57			43.92
30 Year Fixed		311		51,136,066		20.46			164,425		8.462			77.75			616		59.45			40.76
3/1 Arm 1 Year LIBOR		28		5,405,729		2.16			193,062		8.303			77.92			582		71.80			44.57
3/1 Arm 1 Year LIBOR - 40 Year Am Term		15		3,335,896		1.33			222,393		8.232			76.06			602		15.94			42.78
3/1 Arm 1 Year LIBOR -120 Month IO		7		1,901,401		0.76			271,629		8.256			81.71			646		33.09			38.13
3/6 Month LIBOR		1		120,896		0.05			120,896		6.750			52.61			611		0.00			37.09
5/1 Arm 1 Year LIBOR		33		6,142,336		2.46			186,131		8.795			85.38			603		39.17			43.65
5/1 Arm 1 Year LIBOR - 40 Year Am Term		16		4,158,869		1.66			259,929		8.115			81.36			614		31.39			39.92
5/1 Arm 1 Year LIBOR -120 Month IO		17		4,629,480		1.85			272,322		7.473			78.32			664		44.56			44.32
Fixed - 40/30 Balloon		50		12,186,641		4.87			243,733		7.992			80.49			631		41.59			40.51
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

PREPAYMENT PENALTY TERM

Penalty (months)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
0		453	$	86,500,911		34.60	%	$	190,951		8.664	%		78.71	%		608		46.69	%		41.88	%
12		75		16,880,456		6.75			225,073		8.563			82.33			628		51.73			42.79
24		467		84,537,602		33.82			181,023		8.453			81.32			613		47.40			41.62
36		357		62,070,573		24.83			173,867		8.266			79.89			619		47.92			40.64
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

CREDIT GRADE

Credit Grade	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1++		929	$	167,623,078		67.05	%	$	180,434		8.330	%		82.77	%		621		43.32	%		41.64	%
1+		143		30,815,906		12.33			215,496		8.475			78.36			616		38.74			41.50
1		88		19,266,609		7.71			218,939		8.362			76.28			592		62.26			42.29
2		74		14,725,163		5.89			198,989		8.472			74.76			596		56.16			39.47
4		69		9,025,859		3.61			130,810		11.148			63.87			569		94.33			41.55
3		49		8,532,926		3.41			174,141		9.105			69.92			590		65.74			41.75
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

NEXT RATE ADJUSTMENT DATE

Next Adjustment Date	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
April 1, 2008		1	$	259,201		0.14	%	$	259,201		8.500	%		80.00	%		593		0.00	%		44.99	%
May 1, 2008		3		619,507		0.34			206,502		8.605			72.79			585		57.34			40.66
June 1, 2008		14		3,200,319		1.75			228,594		8.527			78.61			615		59.66			45.06
July 1, 2008		165		30,162,670		16.45			182,804		8.742			82.54			599		44.86			41.79
August 1, 2008		285		53,842,213		29.36			188,920		8.704			81.77			607		45.32			42.21
September 1, 2008		295		56,509,399		30.82			191,557		8.465			79.76			617		47.73			41.15
October 1, 2008		59		13,081,680		7.13			221,723		8.054			78.66			634		35.95			41.39
April 1, 2009		1		133,239		0.07			133,239		9.125			80.00			559		100.00			41.30
June 1, 2009		2		627,531		0.34			313,765		9.330			71.74			601		36.42			50.81
July 1, 2009		8		1,767,449		0.96			220,931		9.254			79.42			585		33.52			41.26
August 1, 2009		18		2,752,054		1.50			152,892		8.565			73.50			596		44.10			40.66
September 1, 2009		17		3,933,400		2.15			231,376		7.752			81.92			603		67.92			44.45
October 1, 2009		5		1,550,249		0.85			310,050		7.332			74.89			618		13.06			41.00
June 1, 2011		4		941,600		0.51			235,400		7.715			80.00			649		0.00			45.60
July 1, 2011		12		1,830,786		1.00			152,566		8.379			83.04			642		13.54			43.78
August 1, 2011		19		4,491,163		2.45			236,377		8.494			82.46			618		33.14			44.27
September 1, 2011		27		6,587,135		3.59			243,968		8.043			81.64			623		58.93			41.04
October 1, 2011		4		1,080,000		0.59			270,000		7.993			83.23			613		14.44			43.59
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

The weighted average number of months to the next adjustment date for the Group I Mortgage Loans is approximately 27 months.

GROSS MARGIN

Margin (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 and below		27	$	5,091,284		2.78	%	$	188,566		7.142	%		77.15	%		678		47.80	%		43.11	%
4.001 - 4.500		5		687,086		0.37			137,417		7.567			80.00			650		0.00			43.07
4.501 - 5.000		2		686,736		0.37			343,368		7.958			87.14			615		47.62			44.63
5.001 - 5.500		54		9,199,887		5.02			170,368		7.216			79.37			669		39.01			43.66
5.501 - 6.000		535		103,480,424		56.43			193,421		8.548			84.10			611		38.86			41.94
6.001 - 6.500		216		48,624,744		26.52			225,115		8.371			77.71			605		50.90			41.33
6.501 - 7.000		46		8,318,146		4.54			180,829		9.144			73.32			586		57.17			41.83
7.001 - 7.500		53		7,204,656		3.93			135,937		11.126			65.65			567		91.88			41.56
7.501 - 8.000		1		76,632		0.04			76,632		11.750			80.00			509		0.00			26.25
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

The weighted average gross margin of the Group I Mortgage Loans is approximately 6.030%.

INITIAL PERIODIC RATE CAP

Initial Cap (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
2.000		50	$	10,643,026		5.80	%	$	212,861		8.272	%		78.01	%		600		47.37	%		42.86	%
3.000		822		157,674,989		85.99			191,819		8.568			80.84			611		45.58			41.74
5.000		66		14,930,684		8.14			226,222		8.196			82.07			625		38.67			42.82
6.000		1		120,896		0.07			120,896		6.750			52.61			611		0.00			37.09
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

SUBSEQUENT PERIODIC RATE CAP

Periodic Cap (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1.000		822	$	157,674,989		85.99	%	$	191,819		8.568	%		80.84	%		611		45.58	%		41.74	%
2.000		117		25,694,606		14.01			219,612		8.221			80.25			614		42.10			42.81
Total		939	$	183,369,595		100.00	%	$	195,282		8.519	%		80.75	%		612		45.09	%		41.89	%

INTEREST ONLY TERM

Interest Only Term	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
0		1,247	$	224,129,734		89.66	%	$	179,735		8.592	%		80.20	%		608		47.82	%		41.32	%
24		4		683,892		0.27			170,973		7.287			69.87			677		0.00			41.69
120		101		25,175,916		10.07			249,266		7.584			79.86			670		46.67			43.56
Total		1,352	$	249,989,542		100.00	%	$	184,904		8.487	%		80.13	%		614		47.58	%		41.54	%

CLOSING DATE MORTGAGE LOANS AND SUBSEQUENT MORTGAGE LOANS

IN LOAN GROUP II

The Mortgage Loans to be included in loan group II consist of 3,448 adjustable-rate and fixed-rate Mortgage Loans having an aggregate principal balance of $700,007,816, subject to a permitted variance of plus or minus 5%. The Mortgage Loans included in loan group II have the characteristics set forth below (the sum in any column may not equal the total indicated due to rounding).

CURRENT STATED PRINCIPAL BALANCE

Current Unpaid Principal Balance ($)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50,000 or less		234	$	8,542,094		1.22	%	$	36,505		10.639	%		82.01	%		623		42.25	%		35.37	%
50,000.01-100,000.00		636		48,159,267		6.88			75,722		9.852			82.18			622		39.16			37.58
100,000.01-150,000.00		606		76,278,440		10.90			125,872		8.989			75.98			603		49.20			38.22
150,000.01-200,000.00		493		86,586,203		12.37			175,631		8.673			77.41			605		47.51			40.30
200,000.01-250,000.00		433		98,026,361		14.00			226,389		8.465			78.11			612		42.89			40.79
250,000.01-300,000.00		361		99,676,781		14.24			276,113		8.408			79.10			609		40.36			42.06
300,000.01-350,000.00		238		77,203,772		11.03			324,386		8.135			80.81			621		36.37			42.31
350,000.01-400,000.00		146		54,798,200		7.83			375,330		8.031			81.36			638		29.53			42.20
400,000.01-450,000.00		118		50,469,610		7.21			427,709		7.894			81.78			636		38.01			42.67
450,000.01-500,000.00		79		37,715,441		5.39			477,411		7.945			80.87			640		34.02			40.70
500,000.01-550,000.00		35		18,407,539		2.63			525,930		7.731			82.99			638		51.48			42.19
550,000.01-600,000.00		28		16,075,019		2.30			574,108		7.959			82.41			626		39.20			42.21
600,000.01-650,000.00		22		13,896,077		1.99			631,640		7.892			79.32			651		22.68			36.17
650,000.01-700,000.00		8		5,318,399		0.76			664,800		7.672			86.07			633		37.52			42.21
700,000.01-750,000.00		3		2,184,544		0.31			728,181		8.376			80.13			668		32.73			46.87
750,000.01-800,000.00		4		3,129,636		0.45			782,409		7.410			73.03			649		49.91			45.34
800,000.01-850,000.00		2		1,647,433		0.24			823,717		8.995			79.99			619		0.00			47.58
850,000.01-900,000.00		1		895,000		0.13			895,000		7.625			66.30			592		100.00			24.30
950,000.01-1,000,000.00		1		998,000		0.14			998,000		9.125			75.61			637		100.00			43.63
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

The average current principal balance of the Group II Mortgage Loans is approximately $203,019.

FICO SCORE

FICO	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
500 or less		7	$	1,278,343		0.18	%	$	182,620		9.454	%		65.86	%		500		84.52	%		40.55	%
501 - 520		177		29,247,632		4.18			165,241		9.972			66.69			509		66.33			42.03
521 - 540		227		37,940,755		5.42			167,140		9.462			72.50			530		64.45			40.60
541 - 560		308		59,220,041		8.46			192,273		8.888			74.48			551		58.29			41.24
561 - 580		326		66,233,146		9.46			203,169		8.613			77.35			571		63.71			41.11
581 - 600		353		81,651,346		11.66			231,307		8.543			77.76			591		50.39			42.02
601 - 620		517		107,922,597		15.42			208,748		8.730			82.13			611		46.79			40.44
621 - 640		431		86,272,026		12.32			200,167		8.381			82.05			631		26.32			40.52
641 - 660		322		70,427,562		10.06			218,719		8.256			84.17			649		23.84			40.72
661 - 680		273		50,878,227		7.27			186,367		8.056			83.39			670		22.40			40.17
681 - 700		176		35,583,545		5.08			202,179		7.791			82.77			690		22.65			40.63
701 - 720		115		22,180,402		3.17			192,873		7.454			82.57			711		17.30			41.16
721 - 740		91		19,336,872		2.76			212,493		7.508			81.72			729		18.27			39.11
741 - 760		52		13,549,589		1.94			260,569		7.351			78.35			749		17.24			39.77
761 - 780		44		10,742,621		1.53			244,150		7.127			81.17			771		9.64			40.09
781 - 800		15		3,793,228		0.54			252,882		6.906			75.26			786		36.25			34.57
801		14		3,749,884		0.54			267,849		6.766			79.36			807		11.17			37.47
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

The non-zero weighted average FICO score of the Group II Mortgage Loans is approximately 619.

ORIGINAL TERM TO MATURITY

Original Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		312	$	22,855,671		3.27	%	$	73,255		10.817	%		92.33	%		660		10.52	%		40.04	%
181 - 240		11		549,142		0.08			49,922		12.078			87.91			614		44.65			42.17
301 - 360		3,125		676,603,003		96.66			216,513		8.388			79.07			618		41.70			40.81
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

REMAINING TERM TO MATURITY

Remaining Months to Maturity	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
180 or less		312	$	22,855,671		3.27	%	$	73,255		10.817	%		92.33	%		660		10.52	%		40.04	%
181 - 240		11		549,142		0.08			49,922		12.078			87.91			614		44.65			42.17
241 - 300		2		377,611		0.05			188,805		10.451			80.00			614		100.00			39.76
301 - 360		3,123		676,225,392		96.60			216,531		8.387			79.07			618		41.67			40.81
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

The weighted average remaining term to maturity of the Group II Mortgage Loans is approximately 353 months.

PROPERTY TYPE

Property Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Single Family Residence		2,381	$	471,368,047		67.34	%	$	197,971		8.497	%		79.56	%		614		42.43	%		40.55	%
PUD		445		100,393,110		14.34			225,602		8.368			80.69			627		40.00			41.97
2 Unit		183		44,629,732		6.38			243,878		8.382			77.83			633		27.18			42.16
Condo Xxxx		000		43,450,006		6.21			185,684		8.377			80.58			636		39.12			39.95
Townhouse		129		20,573,491		2.94			159,484		8.555			78.90			605		49.03			39.34
3 Xxxx		00		9,855,473		1.41			281,585		8.665			69.82			624		28.21			40.79
High Rise Condo		24		6,218,716		0.89			259,113		8.460			76.98			647		34.04			40.80
4 Xxxx		00		3,519,240		0.50			207,014		8.963			81.68			637		14.28			39.67
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

OCCUPANCY TYPE

Occupancy Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Owner Occupied		3,090	$	648,133,684		92.59	%	$	209,752		8.413	%		79.32	%		617		42.82	%		41.19	%
Investor Occupied		321		42,597,036		6.09			132,701		9.206			82.11			653		14.58			34.31
Second Home		37		9,277,096		1.33			250,732		9.060			80.65			629		11.40			42.06
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

Based on representations of the related mortgagors at the time of origination.

LOAN PURPOSE

Loan Purpose	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Cash Out Refinance		1,923	$	416,973,534		59.57	%	$	216,835		8.564	%		76.55	%		595		46.48	%		40.87	%
Purchase		1,412		262,902,443		37.56			186,192		8.298			84.47			657		31.47			40.74
Rate & Term Refinance		113		20,131,839		2.88			178,158		8.773			75.98			618		40.94			39.38
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

ORIGINAL LOAN-TO-VALUE RATIOS

Original LTV (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
50.00 or less		181	$	23,699,525		3.39	%	$	130,937		8.880	%		38.33	%		589		34.52	%		36.64	%
50.01-55.00		73		12,706,443		1.82			174,061		8.768			52.80			586		41.52			40.12
55.01-60.00		111		24,373,311		3.48			219,579		8.673			57.95			580		43.19			41.01
60.01-65.00		160		34,271,628		4.90			214,198		8.481			63.36			585		45.66			41.01
65.01-70.00		240		46,764,019		6.68			194,850		9.082			68.82			578		47.95			40.31
70.01-75.00		261		56,308,751		8.04			215,742		8.474			73.86			591		47.17			41.00
75.01-80.00		968		226,387,453		32.34			233,871		7.789			79.69			648		30.74			41.25
80.01-85.00		286		62,453,403		8.92			218,369		8.501			84.41			592		56.29			41.66
85.01-90.00		600		127,449,330		18.21			212,416		8.601			89.68			621		36.85			39.87
90.01-95.00		131		34,541,186		4.93			263,673		8.650			94.68			625		52.73			41.47
95.01-100.00		437		51,052,768		7.29			116,826		10.071			99.95			647		51.39			41.50
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

The weighted average original loan-to-value ratio of the Group II Mortgage Loans is approximately 79.51%.

GEOGRAPHIC DISTRIBUTION

State	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
New York		297	$	93,909,238		13.42	%	$	316,193		7.843	%		77.25	%		629		39.89	%		41.06	%
Florida		461		91,108,729		13.02			197,633		8.689			81.25			615		42.09			40.54
Southern California		296		82,208,635		11.74			277,732		8.074			77.82			644		26.58			42.67
New Jersey		243		58,797,716		8.40			241,966		8.629			77.05			600		40.14			41.62
Maryland		204		41,885,001		5.98			205,319		8.522			78.11			605		46.02			39.85
Northern California		130		38,549,950		5.51			296,538		8.061			78.53			626		36.96			41.97
Illinois		146		31,829,708		4.55			218,012		8.785			82.78			618		30.60			41.26
Virginia		134		28,497,547		4.07			212,668		8.381			79.27			611		46.27			41.56
Massachusetts		107		27,579,522		3.94			257,753		8.544			80.52			610		44.01			40.72
Pennsylvania		157		17,475,387		2.50			111,308		8.984			79.56			602		54.11			37.53
Other		1,273		188,166,383		26.88			147,813		8.774			81.13			617		45.43			39.75
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

ZIP CODE

Zip Code	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
22193		13	$	3,559,503		0.51	%	$	273,808		7.949	%		82.76	%		625		49.02	%		44.15	%
02909		9		2,343,049		0.33			260,339		9.092			86.44			621		44.66			45.88
89085		7		2,234,362		0.32			319,195		6.349			80.94			662		13.42			42.23
20772		7		2,139,668		0.31			305,667		8.096			87.45			633		37.92			41.42
33177		8		2,091,126		0.30			261,391		7.731			84.64			639		87.45			39.52
11717		7		2,053,880		0.29			293,411		7.888			76.27			600		69.64			46.07
20735		6		1,859,279		0.27			309,880		8.478			79.89			583		87.10			40.09
11435		4		1,842,105		0.26			460,526		7.560			88.41			698		0.00			41.07
11746		3		1,756,405		0.25			585,468		7.113			74.17			613		55.16			36.53
89081		8		1,749,677		0.25			218,710		7.015			81.46			670		0.00			44.02
Other		3,376		678,378,763		96.91			200,942		8.492			79.41			619		40.54			40.73
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

TYPE OF DOCUMENTATION PROGRAM

Documentation	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Full		1,451	$	284,787,978		40.68	%	$	196,270		8.383	%		79.83	%		595		100.00	%		41.15	%
Limited Documentation		86		22,164,828		3.17			257,731		8.530			80.59			618		0.00			32.84
No Document		5		834,455		0.12			166,891		6.944			81.27			713		0.00			0.00
No Income No Assets		5		1,038,320		0.15			207,664		7.056			71.07			723		0.00			0.00
No Ratio		6		1,774,469		0.25			295,745		7.480			79.04			686		0.00			0.00
Stated		1,895		389,407,765		55.63			205,492		8.542			79.23			636		0.00			40.96
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

LIEN STATUS

Lien Status	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
First Lien		3,157	$	680,508,113		97.21	%	$	215,555		8.389	%		78.93	%		618		41.68	%		40.77	%
Second Lien		291		19,499,703		2.79			67,009		11.299			99.66			668		6.07			41.13
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

MORTGAGE RATE

Current Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.501-5.000		5	$	1,351,177		0.19	%	$	270,235		4.925	%		64.75	%		679		53.95	%		45.16	%
5.001-5.500		8		2,475,808		0.35			309,476		5.344			74.84			730		24.69			40.04
5.501-6.000		30		8,231,187		1.18			274,373		5.852			78.02			686		57.36			40.43
6.001-6.500		78		23,159,883		3.31			296,922		6.386			77.56			694		44.42			41.38
6.501-7.000		207		60,022,610		8.57			289,964		6.853			76.42			667		46.73			40.74
7.001-7.500		283		74,393,787		10.63			262,876		7.336			77.12			649		39.35			41.71
7.501-8.000		447		118,981,485		17.00			266,178		7.821			78.94			623		43.49			41.70
8.001-8.500		447		101,363,732		14.48			226,765		8.329			80.58			613		39.41			40.52
8.501-9.000		562		109,609,454		15.66			195,035		8.807			80.72			600		39.57			40.52
9.001-9.500		430		78,043,940		11.15			181,498		9.307			82.54			600		39.65			40.48
9.501-10.000		371		57,902,114		8.27			156,070		9.784			82.72			594		37.34			40.10
10.001-10.500		161		23,099,924		3.30			143,478		10.293			79.63			586		29.21			39.65
10.501-11.000		104		11,967,927		1.71			115,076		10.799			76.81			575		37.99			38.84
11.001-11.500		69		8,321,203		1.19			120,597		11.322			70.99			563		43.79			40.78
11.501-12.000		96		10,604,518		1.51			110,464		11.821			70.15			564		52.13			39.57
12.001-12.500		34		3,543,079		0.51			104,208		12.268			66.60			544		69.08			37.36
12.501-13.000		42		2,609,373		0.37			62,128		12.911			93.78			627		14.76			41.65
13.001-13.500		24		1,879,139		0.27			78,297		13.343			85.71			606		6.38			41.28
13.501-14.000		43		2,212,176		0.32			51,446		13.903			99.94			629		2.90			41.08
14.001-14.500		4		153,204		0.02			38,301		14.226			100.00			626		0.00			41.33
14.501-15.000		3		82,097		0.01			27,366		14.703			99.99			625		0.00			35.35
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

The weighted average mortgage rate of the Group II Mortgage Loans is approximately 8.470%.

MAXIMUM MORTGAGE RATE

Life Maximum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
10.000 or less		4	$	580,331		0.11	%	$	145,083		8.200	%		72.00	%		607		59.77	%		37.21	%
10.001-10.500		5		689,558		0.13			137,912		8.761			81.95			598		87.27			44.00
10.501-11.000		14		3,300,726		0.61			235,766		7.411			72.64			630		57.75			43.99
11.001-11.500		32		7,464,321		1.37			233,260		6.726			74.13			682		30.32			40.06
11.501-12.000		44		11,485,715		2.11			261,039		6.442			79.20			680		38.96			42.47
12.001-12.500		93		25,122,068		4.62			270,130		7.026			78.06			676		33.80			41.46
12.501-13.000		149		43,405,487		7.98			291,312		7.073			78.83			660		44.46			40.89
13.001-13.500		194		49,699,852		9.13			256,185		7.435			78.43			640		43.09			42.51
13.501-14.000		327		85,458,029		15.70			261,340		7.871			79.93			619		42.02			42.29
14.001-14.500		346		82,196,925		15.10			237,563		8.363			81.26			612		36.92			40.49
14.501-15.000		406		87,015,015		15.99			214,323		8.830			81.80			599		34.50			40.75
15.001-15.500		332		64,305,173		11.82			193,690		9.338			82.96			598		37.98			40.32
15.501-16.000		264		44,618,761		8.20			169,010		9.772			83.15			593		36.27			40.23
16.001-16.500		106		15,745,205		2.89			148,540		10.289			76.37			580		27.51			40.20
16.501-17.000		55		8,092,054		1.49			147,128		10.782			73.60			554		45.92			39.10
17.001-17.500		35		5,460,735		1.00			156,021		11.342			60.58			530		52.00			40.34
17.501-18.000		45		6,852,567		1.26			152,279		11.817			61.55			538		69.14			39.23
18.001-18.500		17		2,268,596		0.42			133,447		12.271			64.67			530		77.47			39.03
18.501-19.000		2		61,593		0.01			30,797		12.625			60.82			527		0.00			25.92
19.001-19.500		3		408,138		0.07			136,046		13.381			46.32			504		29.38			38.78
Total		2,473	$	544,230,849		100.00	%	$	220,069		8.459	%		79.88	%		616		39.17	%		41.03	%

The weighted average maximum mortgage rate of the Group II Mortgage Loans is approximately 14.322%.

MINIMUM MORTGAGE RATE

Life Minimum Rate (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 or less		230	$	61,510,747		11.30	%	$	267,438		7.068	%		78.06	%		700		22.61	%		41.29	%
4.001-4.500		90		22,097,048		4.06			245,523		7.573			80.10			658		16.85			42.69
4.501-5.000		19		3,921,396		0.72			206,389		7.950			85.07			633		52.70			39.58
5.001-5.500		198		42,897,677		7.88			216,655		7.497			79.97			651		27.86			41.66
5.501-6.000		1,112		242,057,152		44.48			217,677		8.627			83.50			608		37.22			40.51
6.001-6.500		502		114,570,375		21.05			228,228		8.728			77.70			587		50.88			41.80
6.501-7.000		160		28,751,964		5.28			179,700		9.418			72.72			572		52.48			40.83
7.001-7.500		119		20,119,256		3.70			169,069		10.669			63.40			557		71.43			39.16
7.501-8.000		17		3,447,711		0.63			202,807		8.830			77.49			588		57.89			43.66
8.001-8.500		10		2,102,258		0.39			210,226		8.863			83.39			617		32.48			43.57
8.501-9.000		7		1,545,497		0.28			220,785		9.301			80.02			596		19.27			37.68
9.001-9.500		3		288,799		0.05			96,266		9.705			78.27			515		100.00			41.29
9.501-10.000		5		865,784		0.16			173,157		9.688			78.05			608		40.01			44.50
10.501-11.000		1		55,185		0.01			55,185		8.500			75.00			519		100.00			24.93
Total		2,473	$	544,230,849		100.00	%	$	220,069		8.459	%		79.88	%		616		39.17	%		41.03	%

The weighted average minimum mortgage rate of the Group II Mortgage Loans is approximately 5.737%.

PRODUCT TYPE

Product Type	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
Fixed-30/15 Balloon		285	$	19,507,274		2.79	%	$	68,447		11.250	%		97.30	%		668		7.69	%		40.90	%
15 Year Fixed		27		3,348,396		0.48			124,015		8.293			63.39			617		27.05			34.79
20 Year Fixed		11		549,142		0.08			49,922		12.078			87.91			614		44.65			42.17
2/6 Month LIBOR		1,348		241,832,922		34.55			179,401		8.948			78.35			597		41.86			40.17
2/6 Month LIBOR-24 Month IO		12		4,201,315		0.60			350,110		7.214			80.56			677		20.15			42.95
2/6 Month LIBOR-40 Year Am Term		443		123,585,718		17.65			278,975		8.207			83.66			619		32.57			41.98
2/6 Month LIBOR-60 Month IO		1		229,500		0.03			229,500		7.875			90.00			721		100.00			54.21
2/6 Month LIBOR -120 Month IO		292		85,676,590		12.24			293,413		7.663			80.99			658		41.20			42.15
30 Year Fixed		518		97,864,917		13.98			188,928		8.183			74.66			621		55.31			39.34
30 Year Fixed -120 Month IO		50		13,251,489		1.89			265,030		7.630			77.91			653		55.34			42.17
3/1 Arm 1 Year LIBOR		94		16,904,709		2.41			179,837		9.358			74.11			566		48.97			39.63
3/1 Arm 1 Year LIBOR-40 Year Am Term		34		9,272,507		1.32			272,721		8.257			80.88			603		55.45			40.07
3/1 Arm 1 Year LIBOR -120 Month IO		15		4,126,514		0.59			275,101		7.644			67.70			611		87.98			44.61
3/6 Month LIBOR		26		3,664,272		0.52			140,934		9.247			74.72			575		44.07			41.66
3/6 Month LIBOR-60 Month IO		10		1,651,055		0.24			165,106		8.929			81.82			604		100.00			46.43
5/1 Arm 1 Year LIBOR		78		18,073,600		2.58			231,713		8.435			79.63			615		39.53			41.07
5/1 Arm 1 Year LIBOR-40 Year Am Term		27		7,286,626		1.04			269,875		8.478			81.66			619		25.30			43.29
5/1 Arm 1 Year LIBOR-60 Month IO		1		895,000		0.13			895,000		7.625			66.30			592		100.00			24.30
5/1 Arm 1 Year LIBOR -120 Month IO		88		25,613,419		3.66			291,062		7.474			78.39			670		20.03			40.59
5/6 Month LIBOR -120 Month IO		4		1,217,100		0.17			304,275		7.703			80.00			638		0.00			45.15
Fixed-40/30 Balloon		84		21,255,749		3.04			253,045		7.979			79.12			628		35.29			40.89
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

PREPAYMENT PENALTY TERM

Penalty (months)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
0		1,232	$	259,454,429		37.06	%	$	210,596		8.706	%		78.91	%		616		36.29	%		40.91	%
12		208		50,725,321		7.25			243,872		8.418			79.94			625		36.61			40.77
24		1,200		227,399,817		32.49			189,500		8.433			80.42			617		41.36			40.81
36		808		162,428,249		23.20			201,025		8.160			79.05			626		48.04			40.55
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

CREDIT GRADE

Credit Grade	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1++		2,501	$	511,936,931		73.13	%	$	204,693		8.270	%		81.76	%		633		34.79	%		40.84	%
1+		299		67,301,760		9.61			225,089		8.509			79.00			599		46.91			40.98
1		210		47,299,557		6.76			225,236		8.595			75.56			583		59.26			41.07
2		164		30,804,192		4.40			187,830		8.951			70.07			569		57.30			40.49
3		141		23,003,446		3.29			163,145		9.388			67.31			564		59.13			40.43
4		133		19,661,929		2.81			147,834		11.403			61.13			548		80.42			38.89
Total		3,448	$	700,007,816		100.00	%	$	203,019		8.470	%		79.51	%		619		40.68	%		40.78	%

NEXT RATE ADJUSTMENT DATE

Next Adjustment Date	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
October 1, 2006		4	$	948,266		0.17	%	$	237,066		7.669	%		82.34	%		572		100.00	%		47.18	%
November 1, 2006		7		868,590		0.16			124,084		6.745			74.36			568		75.77			38.59
December 1, 2006		7		1,037,151		0.19			148,164		7.334			76.93			543		74.12			28.65
January 1, 2007		1		220,800		0.04			220,800		9.375			78.07			589		100.00			48.37
February 1, 2007		1		145,082		0.03			145,082		10.125			80.00			536		100.00			42.97
March 1, 2007		8		1,299,764		0.24			162,470		8.319			83.05			603		94.57			39.53
April 1, 2007		2		163,316		0.03			81,658		7.570			92.52			579		100.00			29.97
May 1, 2007		2		253,358		0.05			126,679		7.174			84.63			541		100.00			36.13
June 1, 2007		2		636,384		0.12			318,192		5.558			64.84			729		0.00			36.31
November 1, 2007		2		438,602		0.08			219,301		7.100			85.23			743		52.33			54.21
February 1, 2008		2		395,839		0.07			197,920		7.946			79.99			673		0.00			48.02
March 1, 2008		7		1,834,813		0.34			262,116		7.645			76.66			665		30.92			36.08
April 1, 2008		9		2,424,598		0.45			269,400		7.574			80.56			667		21.69			39.35
May 1, 2008		9		1,745,433		0.32			193,937		7.953			85.05			665		32.52			41.70
June 1, 2008		59		14,219,241		2.61			241,004		7.757			81.65			652		34.41			41.72
July 1, 2008		473		101,770,371		18.70			215,159		8.407			79.92			620		38.99			41.80
August 1, 2008		661		148,594,142		27.30			224,802		8.559			80.25			616		34.68			40.44
September 1, 2008		679		146,680,477		26.95			216,024		8.565			81.13			609		42.50			41.33
October 1, 2008		161		31,849,819		5.85			197,825		8.745			77.75			599		41.22			40.56
January 1, 2009		1		310,933		0.06			310,933		7.625			80.00			646		0.00			47.75
March 1, 2009		2		191,663		0.04			95,831		9.064			80.00			617		100.00			48.30
April 1, 2009		22		3,027,795		0.56			137,627		9.362			76.24			575		64.55			44.09
May 1, 2009		12		1,820,116		0.33			151,676		9.087			77.19			585		61.53			40.39
June 1, 2009		6		1,902,824		0.35			317,137		7.899			64.19			594		61.04			41.84
July 1, 2009		31		6,786,860		1.25			218,931		8.835			75.48			589		56.27			41.58
August 1, 2009		45		9,007,294		1.66			200,162		8.996			75.18			575		51.23			40.52
September 1, 2009		46		10,082,223		1.85			219,179		8.711			77.63			583		65.56			39.83
October 1, 2009		14		2,489,350		0.46			177,811		8.865			74.32			594		33.99			38.30
June 1, 2010		1		88,941		0.02			88,941		6.875			80.00			677		0.00			35.15
December 1, 2010		1		327,200		0.06			327,200		6.990			80.00			614		0.00			43.40
April 1, 2011		1		438,400		0.08			438,400		7.625			80.00			631		0.00			38.76
May 1, 2011		3		911,000		0.17			303,667		7.410			80.00			676		0.00			45.02
June 1, 2011		16		3,969,063		0.73			248,066		7.304			78.88			688		20.64			40.36
July 1, 2011		50		13,301,030		2.44			266,021		7.704			80.10			665		9.75			40.81
August 1, 2011		57		15,731,785		2.89			275,996		8.178			82.35			646		18.44			40.74
September 1, 2011		55		15,477,076		2.84			281,401		7.982			74.74			613		57.51			40.84
October 1, 2011		13		2,441,250		0.45			187,788		9.195			79.82			596		28.49			44.43
December 1, 2011		1		400,000		0.07			400,000		6.875			80.00			607		100.00			35.47
Total		2,473	$	544,230,849		100.00	%	$	220,069		8.459	%		79.88	%		616		39.17	%		41.03	%

The weighted average number of months to the next adjustment date for the Group II Mortgage Loans is approximately 27 months.

GROSS MARGIN

Margin (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
4.000 or less		256	$	68,708,794		12.62	%	$	268,394		7.125	%		78.20	%		702		21.65	%		41.21	%
4.001-4.500		84		19,946,997		3.67			237,464		7.613			80.44			646		16.65			42.50
4.501-5.000		16		2,907,729		0.53			181,733		7.836			86.06			590		66.91			40.61
5.001-5.500		195		42,132,993		7.74			216,067		7.519			80.03			649		28.89			41.76
5.501-6.000		1,180		257,174,404		47.25			217,944		8.655			83.46			608		36.99			40.59
6.001-6.500		494		110,716,628		20.34			224,123		8.725			77.19			584		52.70			41.80
6.501-7.000		133		23,714,235		4.36			178,303		9.447			70.87			570		54.46			41.07
7.001-7.500		110		18,308,649		3.36			166,442		10.951			62.07			552		75.86			38.60
7.501-8.000		3		451,174		0.08			150,391		10.351			76.09			571		93.22			46.42
8.001-8.500		1		114,063		0.02			114,063		9.600			80.00			610		100.00			49.46
10.501-11.000		1		55,185		0.01			55,185		8.500			75.00			519		100.00			24.93
Total		2,473	$	544,230,849		100.00	%	$	220,069		8.459	%		79.88	%		616		39.17	%		41.03	%

The weighted average gross margin of the Group II Mortgage Loans is approximately 5.658%.

INITIAL PERIODIC RATE CAP

Initial Cap (%)	Number of Loans		Unpaid Principal Balance ($)		% of Pool by Principal Balance			Avg. Principal Balance ($)		Wtd. Avg. Gross Coupon (%)			Wtd. Avg. Orig. LTV (%)			Wtd. Avg. FICO		% Full Doc Loan			Weighted Average DTI (%)
1.000		1	$	114,412		0.02	%	$	114,412		10.625	%		80.00	%		600		100.00	%		40.82	%
1.500		36		5,315,327		0.98			147,648		9.148			76.93			584		61.45			43.14
2.000		145		30,581,521		5.62			210,907		8.770			75.35			584		55.75			40.43
3.000		2,080		451,593,164		82.98			217,112		8.499			80.35			615		39.28			41.06
5.000		198		52,708,443		9.68			266,204		7.957			79.10			643		28.48			40.93
6.000		13		3,917,980		0.72			301,383		7.199			75.96			677		9.19			40.66
Total		2,473	$	544,230,849		100.00	%	$	220,069		8.459	%		79.88	%		616		39.17	%

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