EXHIBIT 99.1
The mortgage loans delivered to the trust (the "Mortgage Loans")
consists of conventional, one-to four- family, adjustable-rate and fixed-rate
mortgage loans. The Depositor purchased the Mortgage Loans from the Seller
pursuant to the Mortgage Loan Purchase Agreement, dated February 3, 2004 (the
"Mortgage Loan Purchase Agreement"), between the Seller and the Depositor.
Pursuant to the Pooling and Servicing Agreement, dated as of the Cut-off Date
(the "Pooling and Servicing Agreement"), among the Depositor, the Master
Servicer and the Trustee, the Depositor caused the Mortgage Loans to be assigned
to the Trustee for the benefit of the certificateholders.
The Mortgage Loans are secured by mortgages or deeds of trust or other
similar security instruments creating first liens on residential properties (the
"Mortgaged Properties") consisting of attached, detached or semi-detached one-to
four-family dwelling units, individual condominium units or individual units in
planned unit developments and manufactured housing. The Mortgage Loans have
original terms to maturity of not greater than 30 years from the date on which
the first payment was due on each Mortgage Loan.
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 94.58% of the Mortgage Loans, by aggregate scheduled
principal balance of the Mortgage Loans as of the Cut-off Date, were originated
by the Seller's wholesale lending subsidiary, Argent Mortgage Company, LLC
("Argent") and approximately 5.42% of the Mortgage Loans included in the
Mortgage Pool on the Closing Date, by aggregate scheduled principal balance of
the Mortgage Loans as of the Cut-off Date, were originated by the Seller's
subsidiary, Town & Country Credit Corporation, through its wholesale lending
division, Olympus Mortgage Company ("Olympus" and together with Argent, the
"Originators").
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 62.82% of the
adjustable-rate Group I Mortgage Loans included in the Mortgage Pool on the
Closing Date and approximately 69.26% of the adjustable-rate Group II Mortgage
Loans included in the Mortgage Pool on the Closing Date will occur after an
initial period of two years after origination and the first adjustment for
approximately 37.18% of the adjustable-rate Group I Mortgage Loans included in
the Mortgage Pool on the Closing Date and approximately 30.74% of the
adjustable-rate Group II Mortgage Loans included in the Mortgage Pool on the
Closing 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 (as defined below) and a fixed percentage amount (the "Gross
Margin"). The Mortgage Rate on each adjustable-rate Mortgage Loan will not
decrease on the first related Adjustment Date, will not increase by more than
2.00% per annum on the first related Adjustment Date (the "Initial Periodic Rate
Cap") and will not increase or decrease by more than 1.00% per annum on any
Adjustment Date thereafter (the "Periodic Rate Cap"). Each Mortgage Rate on each
adjustable-rate Mortgage Loan will not exceed a specified maximum Mortgage Rate
over the life of such Mortgage Loan (the "Maximum Mortgage Rate") or be less
than a specified minimum Mortgage Rate over the life of such Mortgage Loan (the
"Minimum Mortgage Rate"). Effective with the first monthly payment due on each
adjustable-rate Mortgage Loan after each related Adjustment Date, the monthly
payment amount will be adjusted to an amount that will amortize fully the
outstanding principal balance of the related Mortgage Loan over its remaining
term, and pay interest at the Mortgage Rate as so adjusted. Due to the
application of the Periodic Rate Caps and the Maximum Mortgage Rates, the
Mortgage Rate on each such adjustable-rate Mortgage Loan, as adjusted on any
related Adjustment Date, may be less than the sum of the Index and the related
Gross Margin, rounded as described herein. None of the adjustable-rate Mortgage
Loans permits the related mortgagor to convert the adjustable Mortgage Rate
thereon to a fixed Mortgage Rate.
The Mortgage Loans will have scheduled monthly payments due on the
first day of the month (with respect to each Mortgage Loan, a "Due Date"). Each
Mortgage Loan will contain a customary "due-on-sale" clause which provides that
(subject to state and federal restrictions) the Mortgage Loan must be repaid at
the time of sale of the related Mortgaged Property or with the consent of the
holder of the mortgage note assumed by a creditworthy purchaser of the related
Mortgaged Property.
None of the Mortgage Loans will be Buydown Mortgage Loans.
For purposes of calculating interest and principal distributions on the
Class A Certificates, the Mortgage Loans will be divided into three loan groups,
designated as the "Group I Mortgage Loans," the "Group II Mortgage Loans" and
the "Group III Mortgage Loans." The Group I Mortgage Loans will consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that conform to Freddie Mac and Xxxxxx Xxx loan limits, the Group II
Mortgage Loans will consist of adjustable-rate and fixed-rate mortgage loans
with principal balances at origination that may or may not conform to Freddie
Mac or Xxxxxx Xxx loan limits and the Group III Mortgage Loans will consist of
fixed-rate mortgage loans with principal balances at origination that may or may
not conform to Freddie Mac or Xxxxxx Xxx loan limits.
Approximately 71.13% of the Group I Mortgage Loans, approximately
76.82% of the Group II Mortgage Loans and approximately 85.90% of the Group III
Mortgage Loans, in each case by aggregate scheduled principal balances of the
related Loan Group as of the Cut-off Date, provide for payment by the mortgagor
of a prepayment charge on certain principal prepayments, subject to certain
limitations in the related mortgage note and limitations upon collection in the
Pooling and Servicing Agreement. Generally, each such Mortgage Loan provides for
payment of a prepayment charge on certain prepayments made within a defined
period set forth in the related Mortgage Note (generally within the first three
years but possibly as short as one year from the date of origination of such
Mortgage Loan). The amount of the prepayment charge is as provided in the
related Mortgage Note. The holders of the Class P Certificates will be entitled
to all prepayment charges received on the Mortgage Loans in both loan groups,
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.
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 5,104 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $805,284,141, 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
Calculation Date. None of the Group I Mortgage Loans had a first Due Date prior
to August 2003 or after March 2004, or will have a remaining term to stated
maturity of less than 174 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group I Mortgage Loans is February 2034.
The Group I Mortgage Loans are expected to have the characteristics set forth in
the following tables as of the Cut-off Date (the sum in any column may not equal
the total indicated due to rounding).
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COLLATERAL TYPE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
COLLATERAL MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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2-yr Fixed / Adjustable-Rate 2,499 $ 379,391,347.39 47.11% 358 38.31 7.49 612 88.82
3-yr Fixed / Adjustable-Rate 1,352 224,545,536.99 27.88 358 38.72 7.24 606 84.7
Fixed Rate 1,253 201,347,256.70 25.00 346 38.72 6.93 630 82.4
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TOTAL: 5,104 $ 805,284,141.08 100.00% 355 38.52 7.28 615 86.07
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PRINCIPAL BALANCES AT ORIGINATION
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RANGE OF
PRINCIPAL
BALANCES PRINCIPAL % OF REMAINING
AT NUMBER OF BALANCE PRINCIPAL TERM TO GROSS
ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
($) LOANS ORIGINATION ORIGINATION (months)* INCOME (%)* (%)* FICO* (%)*
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50,000.01 - 100,000.00 1,335 $107,509,276.00 13.33% 352 35.67 7.776 602 83.89
100,000.01 - 150,000.00 1,416 176,086,349.00 21.84 354 37.46 7.509 608 86.11
150,000.01 - 200,000.00 1,051 181,822,235.00 22.55 356 38.57 7.221 614 86.25
200,000.01 - 250,000.00 621 139,031,182.00 17.24 355 39.94 7.126 618 86.74
250,000.01 - 300,000.00 418 114,136,101.00 14.16 356 40.42 7.045 619 86.2
300,000.01 - 350,000.00 210 66,699,715.00 8.27 358 39.65 6.866 631 87.33
350,000.01 - 400,000.00 36 13,567,955.00 1.68 359 36.93 7.189 647 88.47
400,000.01 - 450,000.00 13 5,442,775.00 0.68 359 39.42 7.024 624 85.52
450,000.01 - 500,000.00 4 1,994,999.00 0.25 358 45.53 6.666 631 71.36
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TOTAL: 5,104 $806,290,587.00 100.00% 355 38.52 7.284 615 86.07
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*Based on the original balances of the Mortgage Loans.
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PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
BALANCES AS OF THE CUT- MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OFF DATE ($) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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50,000.01-100,000.00 1,337 $ 107,582,020.66 13.36% 352 35.66 7.77 602 83.83
100,000.01-150,000.00 1,418 176,278,320.47 21.89 354 37.47 7.51 608 86.18
150,000.01-200,000.00 1,047 180,993,705.14 22.48 356 38.58 7.22 614 86.22
200,000.01-250,000.00 623 139,356,154.44 17.31 355 39.89 7.12 618 86.71
250,000.01-300,000.00 418 114,081,193.19 14.17 356 40.50 7.03 619 86.19
300,000.01-350,000.00 208 66,010,736.69 8.20 358 39.61 6.87 631 87.42
350,000.01-400,000.00 36 13,553,794.18 1.68 359 36.93 7.19 647 88.47
400,000.01-450,000.00 13 5,436,494.69 0.68 359 39.42 7.02 624 85.51
450,000.01-500,000.00 4 1,991,721.62 0.25 358 45.52 6.66 631 71.36
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TOTAL: 5,104 $ 805,284,141.08 100.00% 355 38.52 7.28 615 86.07
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REMAINING TERM TO MATURITY
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF MONTHS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
REMAINING LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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120 - 180 89 $ 11,294,314.88 1.40% 179 38.34 6.790 624 73.37
181 - 240 45 6,264,231.14 0.78 239 37.58 6.879 613 79.63
301 - 360 4,970 787,725,595.06 97.82 359 38.53 7.295 614 86.30
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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MORTGAGE RATE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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5.000-5.499 56 $ 13,020,515.77 1.62% 354 39.22 5.353 659 75.67
5.500-5.999 298 59,876,092.26 7.44 350 40.30 5.802 645 80.09
6.000-6.499 505 91,089,787.61 11.31 353 38.82 6.247 637 83.76
6.500-6.999 968 170,849,719.89 21.22 355 38.89 6.749 630 87.29
7.000-7.499 941 146,522,955.55 18.20 356 37.77 7.240 618 87.85
7.500-7.999 989 146,412,257.49 18.18 355 38.40 7.723 604 87.93
8.000-8.499 646 87,213,703.99 10.83 357 37.99 8.209 593 87.52
8.500-8.999 423 56,008,721.88 6.96 357 38.24 8.700 576 86.63
9.000-9.499 149 18,064,476.65 2.24 356 37.65 9.185 564 84.47
9.500-9.999 73 9,152,843.57 1.14 358 38.43 9.710 556 83.01
10.000-10.499 23 2,510,116.81 0.31 358 41.26 10.155 544 72.81
10.500-10.999 10 1,328,643.97 0.16 359 39.43 10.683 541 67.54
11.000-11.499 8 1,184,859.84 0.15 358 43.70 11.180 545 60.47
11.500-11.999 9 1,466,927.64 0.18 359 31.61 11.662 529 61.36
12.000-12.499 6 582,518.16 0.07 359 37.51 12.236 530 57.19
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.2840 615 86.07
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ORIGINAL LOAN-TO-VALUE RATIOS
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
LOAN-TO-VALUE RATIOS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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25.000 or less 6 $ 624,361.98 0.08% 269 28.29 7.374 583 20.94
25.001 - 30.000 2 344,689.88 0.04 359 28.87 6.559 654 28.82
30.001 - 35.000 7 809,790.02 0.10 281 33.81 7.387 578 32.92
35.001 - 40.000 9 1,347,776.59 0.17 328 43.50 7.010 581 37.79
40.001 - 45.000 15 2,030,291.12 0.25 339 38.18 6.393 602 42.88
45.001 - 50.000 34 5,067,851.43 0.63 353 42.80 7.203 595 48.28
50.001 - 55.000 45 6,499,703.68 0.81 337 39.79 6.932 598 52.68
55.001 - 60.000 62 8,779,360.40 1.09 339 39.37 7.931 584 58.25
60.001 - 65.000 118 19,239,736.57 2.39 352 38.76 7.179 591 63.66
65.001 - 70.000 197 31,234,121.82 3.88 349 39.14 7.156 586 68.55
70.001 - 75.000 307 45,802,053.98 5.69 355 39.15 7.267 585 73.92
75.001 - 80.000 579 86,265,197.16 10.71 353 38.14 7.095 596 79.37
80.001 - 85.000 641 98,604,073.16 12.24 355 37.70 7.183 598 84.34
85.001 - 90.000 1,461 222,815,049.20 27.67 357 37.16 7.469 619 89.67
90.001 - 95.000 1,621 275,820,084.09 34.25 357 39.74 7.253 635 94.73
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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FICO SCORE AT ORIGINATION
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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500-519 179 $ 23,623,171.15 2.93% 355 39.92 8.385 510 75.36
520-539 299 41,547,859.13 5.16 356 39.77 8.152 530 76.42
540-559 448 63,655,061.60 7.90 356 39.05 7.741 552 80.69
560-579 521 79,597,132.61 9.88 356 39.62 7.767 569 82.77
580-599 676 101,244,895.22 12.57 355 38.96 7.545 589 86.72
600-619 809 128,338,807.71 15.94 355 38.68 7.153 609 88.48
620-639 756 125,263,245.43 15.56 356 38.79 7.018 629 89.06
640-659 549 92,863,557.01 11.53 356 37.96 6.963 649 88.23
660-679 338 57,256,604.44 7.11 352 37.59 6.889 669 88.70
680-699 230 40,284,828.52 5.00 354 36.62 6.721 688 88.17
700-719 134 22,076,784.38 2.74 352 36.82 6.701 708 87.67
720-739 78 14,183,015.14 1.76 357 36.40 6.651 730 88.55
740-759 51 8,732,549.92 1.08 359 35.18 6.911 749 88.56
760-779 27 4,818,019.08 0.60 355 36.11 6.574 767 85.01
780-799 9 1,798,609.74 0.22 359 32.20 6.170 786 77.69
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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DEBT-TO-INCOME RATIO
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO- MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME RATIOS (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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20.000 or less 303 $ 40,904,333.58 5.08% 356 14.74 7.473 624 84.47
20.001-25.000 336 46,852,139.17 5.82 352 23.28 7.255 621 84.53
25.001-30.000 515 72,919,770.27 9.06 355 28.09 7.363 620 85.61
30.001-35.000 681 104,753,625.37 13.01 355 32.99 7.313 618 86.23
35.001-40.000 866 136,513,561.03 16.95 355 38.14 7.275 616 86.65
40.001-45.000 1,041 172,892,413.01 21.47 356 43.11 7.260 614 87.22
45.001-50.000 1,249 211,180,025.28 26.22 356 48.02 7.237 611 87.29
50.001-55.000 113 19,268,273.37 2.39 346 53.16 7.311 579 66.08
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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California 760 $160,726,109.63 19.96% 355 40.27 6.879 621 83.13
Florida 667 94,622,972.23 11.75 354 38.66 7.225 615 87.48
Illinois 550 87,615,850.51 10.88 357 38.35 7.544 617 87.58
New York 264 64,359,693.54 7.99 354 39.15 6.968 624 82.67
Arizona 255 30,206,931.92 3.75 353 37.34 7.271 619 89.12
Maryland 152 27,431,822.53 3.41 354 39.84 7.361 605 87.14
Texas 221 26,686,866.29 3.31 353 34.80 7.746 607 85.83
Michigan 225 24,377,252.08 3.03 359 36.73 7.942 590 86.69
Ohio 228 23,859,846.23 2.96 355 36.38 7.644 600 88.55
Minnesota 147 23,806,394.69 2.96 359 39.07 7.284 619 87.86
Massachusetts 83 19,302,134.13 2.40 354 40.22 7.493 607 84.05
Washington 110 18,154,289.14 2.25 358 38.47 7.194 614 87.59
Connecticut 98 16,970,227.52 2.11 354 39.38 7.138 612 84.03
Colorado 92 15,819,653.11 1.96 359 38.81 6.957 628 90.59
Pennsylvania 111 15,709,078.43 1.95 352 36.95 7.365 604 86.37
Nevada 91 14,460,760.04 1.80 359 39.90 7.492 620 89.67
New Jersey 70 13,490,056.63 1.68 355 39.41 7.446 609 80.96
Missouri 122 13,056,152.89 1.62 355 36.52 7.839 596 86.53
Georgia 78 11,884,286.57 1.48 359 37.14 7.209 608 86.73
Hawaii 35 9,955,250.57 1.24 352 38.73 6.529 652 85.63
Other 745 92,788,512.40 11.52 355 36.84 7.603 608 87.89
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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OCCUPANCY STATUS
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Owner Occupied 4,480 $723,941,475.47 89.90% 355 39.29 7.251 611 86.08
Non-Owner Occupied 581 75,092,710.27 9.32 357 31.26 7.638 647 86.11
Second Home 43 6,249,955.34 0.78 354 37.38 6.945 629 83.99
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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*Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Full Documentation 3,430 $513,853,851.85 63.81% 355 39.27 7.135 608 85.17
Stated Documentation 1,448 255,054,686.54 31.67 357 37.42 7.578 629 87.67
Limited Documentation 226 36,375,602.69 4.52 353 35.74 7.328 615 87.48
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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LOAN PURPOSE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Refinance-Debt 3,436 $553,714,693.44 68.76% 354 39.00 7.209 606 84.25
Consolidation Cash Out**
Purchase 1,391 211,881,474.69 26.31 358 37.19 7.486 637 91.05
Refinance-Debt
Consolidation No Cash Out*** 277 39,687,972.95 4.93 351 38.93 7.252 611 84.86
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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** 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.
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CREDIT GRADE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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1 3,460 $550,182,345.60 68.32% 355 38.22 7.098 626 87.64
2 444 69,548,034.77 8.64 353 38.77 7.445 595 85.10
3 490 74,338,282.14 9.23 355 37.77 7.491 587 84.48
4 322 46,921,099.88 5.83 357 40.38 7.776 592 83.42
5 165 23,442,329.34 2.91 352 40.61 8.244 568 72.06
6 51 7,497,257.75 0.93 359 39.91 10.116 550 63.90
A 131 25,698,337.34 3.19 354 39.87 7.342 625 84.75
A- 4 651,469.61 0.08 359 38.41 7.878 571 74.12
B 12 2,313,643.86 0.29 358 39.12 8.320 564 78.84
C 7 1,279,987.86 0.16 358 42.30 9.086 524 77.23
C- 18 3,411,352.93 0.42 359 44.43 7.999 570 88.44
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TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
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* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
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PROPERTY TYPE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Single Family Detached 3,859 $595,140,126.18 73.90% 355 38.55 7.276 611 86.09
Two-to Four-Family 413 80,418,583.58 9.99 357 37.51 7.400 629 84.49
PUD Detached 370 64,965,004.81 8.07 355 39.18 7.173 619 88.32
Condominium 321 48,259,379.27 5.99 356 38.83 7.328 636 87.76
Manufactured Housing 111 12,216,775.25 1.52 355 39.55 7.258 605 76.31
PUD Attached 20 3,103,880.66 0.39 359 39.74 7.631 620 86.45
Single Family Attached 10 1,180,391.33 0.15 359 31.66 7.204 652 86.42
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
TERM AT ORIGINATION MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(MOS.) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 1,410 $232,479,356.47 28.87% 356 38.46 7.435 613 86.05
12 224 43,791,935.60 5.44 352 38.25 7.212 628 82.29
24 1,714 255,214,440.06 31.69 358 38.28 7.456 612 88.54
36 1,756 273,798,408.95 34.00 352 38.85 7.007 617 84.38
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,104 $805,284,141.08 100.00% 355 38.52 7.284 615 86.07
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MAXIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000-11.499 29 $ 6,484,971.27 1.07% 359 40.62 5.358 644 78.34
11.500-11.999 150 29,139,842.14 4.82 355 39.69 5.799 636 84.17
12.000-12.499 311 55,233,813.15 9.15 358 38.82 6.250 633 86.98
12.500-12.999 702 124,671,802.52 20.64 358 39.03 6.751 627 88.20
13.000-13.499 747 118,012,976.76 19.54 358 37.73 7.238 617 88.47
13.500-13.999 787 119,419,506.96 19.77 358 38.28 7.720 603 88.45
14.000-14.499 548 74,667,749.96 12.36 358 37.96 8.211 590 87.59
14.500-14.999 359 48,577,022.40 8.04 358 38.34 8.700 576 86.45
15.000-15.499 119 14,996,606.53 2.48 359 38.65 9.182 562 84.18
15.500-15.999 52 6,869,329.78 1.14 359 39.26 9.707 552 81.58
16.000-16.499 21 2,370,368.23 0.39 358 42.22 10.153 540 71.94
16.500-16.999 8 1,070,243.43 0.18 359 38.84 10.691 539 67.84
17.000-17.499 6 817,783.56 0.14 358 46.42 11.142 544 60.96
17.500-17.999 8 1,210,127.64 0.20 359 26.64 11.675 530 61.65
18.000-18.499 4 394,740.05 0.07 358 38.22 12.303 535 56.71
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MINIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 29 $ 6,484,971.27 1.07% 359 40.62 5.358 644 78.34
5.500-5.999 150 29,139,842.14 4.82 355 39.69 5.799 636 84.17
6.000-6.499 311 55,233,813.15 9.15 358 38.82 6.250 633 86.98
6.500-6.999 702 124,671,802.52 20.64 358 39.03 6.751 627 88.20
7.000-7.499 747 118,012,976.76 19.54 358 37.73 7.238 617 88.47
7.500-7.999 787 119,419,506.96 19.77 358 38.28 7.720 603 88.45
8.000-8.499 548 74,667,749.96 12.36 358 37.96 8.211 590 87.59
8.500-8.999 359 48,577,022.40 8.04 358 38.34 8.700 576 86.45
9.000-9.499 119 14,996,606.53 2.48 359 38.65 9.182 562 84.18
9.500-9.999 52 6,869,329.78 1.14 359 39.26 9.707 552 81.58
10.000-10.499 21 2,370,368.23 0.39 358 42.22 10.153 540 71.94
10.500-10.999 8 1,070,243.43 0.18 359 38.84 10.691 539 67.84
11.000-11.499 6 817,783.56 0.14 358 46.42 11.142 544 60.96
11.500-11.999 8 1,210,127.64 0.20 359 26.64 11.675 530 61.65
12.000-12.499 4 394,740.05 0.07 358 38.22 12.303 535 56.71
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF GROSS MARGINS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
(%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
4.500-4.749 1,726 $253,050,975.01 41.90% 358 37.92 7.462 608 87.49
4.750-4.999 3 378,601.91 0.06 359 40.59 8.088 605 90.71
5.250-5.499 1 188,832.43 0.03 359 34.00 6.600 721 90.00
5.500-5.749 120 23,927,972.68 3.96 359 40.25 7.516 613 86.32
5.750-5.999 2 402,245.35 0.07 359 39.27 6.037 606 74.79
6.250-6.499 18 2,285,342.45 0.38 359 38.19 7.593 584 88.53
6.500-6.749 1,969 321,743,500.24 53.27 358 38.74 7.339 611 87.25
7.000-7.249 12 1,959,414.31 0.32 358 40.85 8.715 545 79.62
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
NEXT ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
July 2005 5 $ 873,644.07 0.14% 353 42.13 7.410 622 77.52
August 2005 48 8,375,240.80 1.39 351 44.21 7.636 586 79.08
September 2005 7 946,406.16 0.16 355 33.96 7.796 617 86.35
October 2005 15 2,624,204.43 0.43 356 40.42 7.944 563 73.68
November 2005 93 15,494,437.17 2.57 357 38.61 7.880 594 88.69
December 2005 632 96,344,108.21 15.95 358 38.48 7.565 611 89.62
January 2006 1,675 250,728,831.55 41.52 359 37.99 7.432 615 89.05
February 2006 24 4,004,475.00 0.66 360 39.09 7.812 611 89.28
September 2006 1 122,038.57 0.02 355 48.00 8.700 643 85.00
October 2006 6 785,045.12 0.13 356 44.81 8.355 557 83.53
November 2006 56 9,770,231.09 1.62 357 40.68 7.257 601 83.04
December 2006 331 57,087,520.48 9.45 357 39.05 7.374 605 85.00
January 2007 943 155,015,681.73 25.67 358 38.45 7.180 607 84.76
February 2007 15 1,765,020.00 0.29 360 37.55 7.685 596 79.27
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,851 $603,936,884.38 100.00% 358 38.46 7.402 610 87.29
-----------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 1593 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $394,785,556, 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
Calculation Date. None of the Group II Mortgage Loans had a first Due Date prior
to August 2003 or after March 2004, or will have a remaining term to stated
maturity of less than 174 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group II Mortgage Loans February 2034. The
Group II Mortgage Loans are expected to have the characteristics set forth in
the following tables as of the Cut-off Date (the sum in any column may not equal
the total indicated due to rounding).
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
COLLATERAL MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 613 $ 164,032,928.45 41.55% 358 40.10 7.176 611 86.47
3-yr Fixed / Adjustable-Rate 248 72,816,879.60 18.44 358 38.77 6.930 616 84.73
Fixed Rate 732 157,935,747.78 40.01 350 38.39 6.665 640 81.23
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
RANGE OF
PRINCIPAL
BALANCES PRINCIPAL % OF REMAINING
AT NUMBER OF BALANCE PRINCIPAL TERM TO GROSS
ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
($) LOANS ORIGINATION ORIGINATION (months)* INCOME (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 248 $ 20,216,751.00 5.11% 349 35.66 7.690 605 81.29
100,000.01 - 150,000.00 290 36,032,775.00 9.11 350 37.85 7.269 613 83.08
150,000.01 - 200,000.00 203 35,502,155.00 8.98 353 38.80 7.166 611 82.95
200,000.01 - 250,000.00 143 32,078,177.00 8.11 354 39.93 6.948 619 83.19
250,000.01 - 300,000.00 110 30,222,071.00 7.64 357 39.56 6.911 620 83.08
300,000.01 - 350,000.00 123 40,625,471.00 10.28 356 40.24 6.868 623 86.20
350,000.01 - 400,000.00 215 80,763,046.00 20.43 355 40.41 6.706 635 86.71
400,000.01 - 450,000.00 121 51,263,212.00 12.97 357 38.23 6.919 631 83.79
450,000.01 - 500,000.00 125 60,354,154.00 15.27 358 38.98 6.710 625 82.86
500,000.01 - 550,000.00 10 5,284,800.00 1.34 341 39.76 6.437 636 78.80
550,000.01 - 600,000.00 4 2,253,625.00 0.57 358 42.24 6.931 629 89.54
700,000.01 - 750,000.00 1 747,500.00 0.19 358 42.00 6.350 633 65.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 395,343,737.00 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
BALANCES AS OF THE CUT- MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OFF DATE ($) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01-100,000.00 248 $ 20,189,342.08 5.11% 349 35.66 7.690 605 81.29
100,000.01-150,000.00 291 36,126,321.44 9.15 350 37.83 7.267 613 83.13
150,000.01-200,000.00 202 35,295,114.15 8.94 353 38.82 7.167 611 82.91
200,000.01-250,000.00 144 32,279,846.96 8.18 354 39.87 6.957 619 83.24
250,000.01-300,000.00 113 31,128,172.53 7.88 357 39.81 6.870 620 82.61
300,000.01-350,000.00 120 39,721,723.88 10.06 356 40.01 6.895 623 86.66
350,000.01-400,000.00 214 80,302,530.82 20.34 355 40.46 6.704 635 86.70
400,000.01-450,000.00 121 51,192,996.41 12.97 357 38.23 6.920 631 83.80
450,000.01-500,000.00 125 60,284,626.19 15.27 358 38.98 6.710 625 82.86
500,000.01-550,000.00 10 5,269,076.84 1.33 341 39.75 6.438 636 78.79
550,000.01-600,000.00 4 2,249,699.61 0.57 358 42.24 6.932 629 89.55
700,000.01-750,000.00 1 746,104.92 0.19 358 42.00 6.350 633 65.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF MONTHS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
REMAINING LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
120 - 180 31 $ 5,497,689.94 1.39% 179 36.21 6.944 627 76.75
181 - 240 24 3,886,157.58 0.98 238 37.05 6.650 629 78.68
300 - 360 1,538 385,401,708.31 97.62 359 39.23 6.929 623 84.21
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 54 $ 16,861,904.34 4.270% 353 36.44 5.356 678 75.28
5.500-5.999 172 53,963,570.33 13.670 355 39.14 5.796 652 78.99
6.000-6.499 233 65,600,107.59 16.620 356 39.44 6.217 641 83.29
6.500-6.999 358 94,703,638.75 23.990 354 39.96 6.737 627 86.13
7.000-7.499 247 58,069,359.01 14.710 355 39.51 7.229 620 86.81
7.500-7.999 258 56,490,665.15 14.310 354 38.61 7.734 600 86.34
8.000-8.499 120 22,156,279.06 5.610 357 37.40 8.206 586 86.45
8.500-8.999 88 15,596,479.14 3.950 357 39.30 8.761 578 83.95
9.000-9.499 30 4,131,455.35 1.050 358 40.09 9.171 557 78.17
9.500-9.999 22 4,742,428.41 1.200 348 38.25 9.671 560 84.31
10.000-10.499 7 1,037,957.26 0.260 359 44.03 10.161 556 79.45
10.500-10.999 1 431,840.85 0.110 359 22.00 10.850 538 60.00
11.000-11.499 1 487,328.05 0.120 359 53.00 11.050 542 65.00
11.500-11.999 2 512,542.54 0.130 357 40.30 11.650 531 48.86
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.000% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
LOAN-TO-VALUE RATIOS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
25.000 or less 1 $ 99,886.36 0.03% 359 22.00 5.300 650 17.39
25.001-30.000 2 187,694.65 0.05 357 50.08 6.163 644 28.15
30.001-35.000 1 64,557.54 0.02 178 53.00 6.150 617 32.50
35.001-40.000 6 970,009.28 0.25 359 30.56 5.971 680 38.34
40.001-45.000 2 488,254.03 0.12 358 46.01 6.228 631 44.21
45.001-50.000 13 2,791,519.35 0.71 358 33.41 7.624 611 47.40
50.001-55.000 21 3,988,859.32 1.01 340 35.85 6.526 618 52.98
55.001-60.000 34 7,226,868.98 1.83 355 40.72 6.795 595 57.62
60.001-65.000 57 14,053,047.18 3.56 345 38.86 6.727 613 63.47
65.001-70.000 71 16,968,221.32 4.30 355 40.48 6.618 630 68.60
70.001-75.000 127 31,492,065.78 7.98 353 39.91 6.761 596 73.86
75.001-80.000 240 59,818,184.42 15.15 351 38.27 6.752 620 79.18
80.001-85.000 199 45,719,301.28 11.58 356 40.15 6.959 605 84.18
85.001-90.000 451 114,041,509.65 28.89 356 37.62 7.118 626 89.56
90.001-95.000 368 96,875,576.69 24.54 357 40.89 6.952 643 94.71
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 47 $ 9,289,284.10 2.35% 357 42.83 8.000 510 76.31
520-539 98 18,753,580.19 4.75 353 39.80 8.027 530 74.58
540-559 127 26,295,944.54 6.66 358 41.35 7.767 551 81.65
560-579 127 29,405,601.13 7.45 355 40.47 7.470 569 81.27
580-599 151 39,876,445.48 10.10 356 39.81 7.043 590 83.14
600-619 273 69,334,310.02 17.56 355 40.49 6.947 609 85.97
620-639 239 61,658,398.39 15.62 353 39.45 6.659 629 86.01
640-659 187 46,881,947.52 11.88 354 37.84 6.617 649 86.69
660-679 109 28,883,276.89 7.32 356 38.75 6.719 668 85.96
680-699 109 29,824,218.52 7.55 356 37.26 6.447 689 85.92
700-719 43 10,729,336.23 2.72 359 36.47 6.356 709 84.90
720-739 31 9,406,704.04 2.38 347 34.35 6.145 728 81.76
740-759 29 8,005,443.59 2.03 353 32.57 6.156 749 80.75
760-779 19 5,064,342.15 1.28 358 36.50 6.342 767 80.68
780-799 3 852,466.42 0.22 359 33.81 6.423 782 91.86
800-819 1 524,256.62 0.13 359 42.00 5.970 810 70.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO- MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME RATIOS (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
20.000 or less 95 $ 21,165,821.34 5.36% 356 14.06 6.926 643 80.89
20.001-25.000 92 18,992,961.27 4.81 346 23.21 6.866 635 79.35
25.001-30.000 128 29,528,598.29 7.48 355 28.45 6.955 633 84.40
30.001-35.000 208 47,896,581.09 12.13 352 33.23 6.851 635 84.56
35.001-40.000 274 70,346,246.46 17.82 355 38.11 6.969 622 84.50
40.001-45.000 315 81,478,128.01 20.64 357 43.07 6.934 624 85.72
45.001-50.000 417 109,153,342.84 27.65 355 47.99 6.942 617 86.02
50.001-55.000 64 16,223,876.53 4.11 357 53.36 6.839 585 68.03
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 515 $ 167,433,338.15 42.41% 356 40.58 6.615 627 83.62
New York 141 44,191,761.17 11.19 354 38.68 6.676 635 80.63
Florida 169 29,448,489.48 7.46 350 38.74 7.113 615 84.39
Illinois 97 24,655,710.08 6.25 354 39.74 7.556 618 86.16
Maryland 37 10,420,722.20 2.64 358 41.57 6.983 614 86.54
Arizona 60 9,531,505.12 2.41 356 36.65 6.916 621 85.80
Colorado 31 9,052,589.84 2.29 358 40.01 6.799 615 86.82
Massachusetts 28 8,646,931.60 2.19 359 34.91 7.338 614 82.08
Texas 57 8,446,568.47 2.14 349 33.69 7.215 624 83.77
Connecticut 32 8,257,897.59 2.09 347 38.36 6.671 641 84.11
New Jersey 26 7,327,538.37 1.86 353 39.20 7.318 612 81.77
Washington 33 6,719,446.73 1.70 358 38.78 7.212 625 86.50
Ohio 54 6,243,949.03 1.58 350 38.15 7.463 607 86.68
Minnesota 29 6,215,650.52 1.57 358 37.79 7.236 617 85.94
Michigan 45 5,198,712.93 1.32 346 39.12 7.663 587 83.45
Georgia 23 4,649,862.13 1.18 355 36.11 7.703 618 89.25
Nevada 20 3,719,854.29 0.94 358 40.07 7.489 631 84.89
Hawaii 11 3,629,865.46 0.92 358 34.96 6.125 634 86.29
Rhode Island 13 3,108,959.82 0.79 358 35.30 6.942 656 84.53
Pennsylvania 16 2,994,889.50 0.76 351 37.28 7.322 612 82.97
Other 156 24,891,313.35 6.31 353 36.23 7.770 610 86.27
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,452 $ 367,615,581.41 93.12% 355 39.78 6.890 621 83.96
Non-Owner Occupied 132 24,851,422.63 6.29 355 30.75 7.486 654 85.38
Second Home 9 2,318,551.79 0.59 359 33.21 6.695 657 85.24
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Documentation 992 $ 217,969,823.84 55.21% 354 39.39 6.704 622 83.67
Stated Documentation 509 153,356,962.83 38.85 356 39.24 7.237 628 84.86
Limited Documentation 92 23,458,769.16 5.94 351 36.72 6.965 613 82.35
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Refinance-Debt 1,173 $ 293,346,092.76 74.31% 354 39.53 6.876 617 82.65
Consolidation Cash Out**
Purchase 344 84,778,621.20 21.47 358 38.37 7.133 644 89.47
Refinance-Debt
Consolidation No Cash Out*** 76 16,660,841.87 4.22 347 37.03 6.75 633 81.18
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2,000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2,000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-----------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1 1,095 $ 271,786,730.70 68.84% 355 38.45 6.712 635 85.10
2 136 33,741,870.60 8.55 356 41.78 7.201 597 83.15
3 112 23,342,271.40 5.91 354 38.51 7.295 593 81.42
4 97 22,589,910.93 5.72 353 41.14 7.543 597 82.05
5 38 7,446,015.97 1.89 353 39.80 8.121 557 70.19
6 9 2,634,509.35 0.67 359 44.25 8.980 550 67.16
A 75 22,788,395.05 5.77 358 39.60 7.073 627 84.94
A- 4 934,687.19 0.24 359 46.30 8.083 558 78.43
B 8 2,121,375.52 0.54 358 40.21 8.083 538 74.63
C 3 432,134.53 0.11 359 48.58 8.764 534 67.37
C- 16 6,967,654.59 1.76 358 44.57 7.569 601 85.97
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
-----------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 1,256 $ 307,489,090.26 77.89% 355 39.49 6.901 622 83.77
PUD Detached 125 35,444,988.78 8.98 356 39.05 6.952 619 86.72
Two-to Four-Family 103 27,520,512.96 6.97 352 37.34 7.084 639 82.7
Condominium 83 20,117,596.77 5.10 358 37.17 7.033 635 86.11
Manufactured Housing 17 1,695,256.57 0.43 359 35.44 7.405 634 76.57
PUD Attached 6 1,535,397.70 0.39 316 40.34 6.562 630 89.18
Single Family Attached 3 982,712.79 0.25 359 40.07 7.003 654 76.78
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
TERM AT ORIGINATION MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(MOS.) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 370 $ 91,526,186.09 23.18% 354 38.67 7.244 618 84.38
12 126 37,297,919.37 9.45 353 38.70 6.928 641 82.85
24 405 107,506,565.27 27.23 357 40.15 7.164 607 85.94
36 692 158,454,885.10 40.14 354 38.90 6.582 634 82.86
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 1,069 $ 178,930,632.31 45.32% 353 38.65 7.104 617 83.11
Non-Conforming 524 215,854,923.52 54.68 356 39.61 6.779 629 84.84
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 1,593 $ 394,785,555.83 100.00% 355 39.17 6.926 624 84.05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MAXIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000-11.499 22 $ 6,912,667.34 2.92% 359 38.32 5.343 647 78.42
11.500-11.999 63 21,598,997.64 9.12 359 39.71 5.785 630 84.76
12.000-12.499 91 30,215,965.66 12.76 359 39.93 6.199 635 86.05
12.500-12.999 194 59,374,184.62 25.07 358 40.54 6.746 623 87.35
13.000-13.499 162 43,115,773.04 18.20 358 39.78 7.229 615 87.02
13.500-13.999 164 41,199,801.71 17.39 358 38.39 7.730 599 87.21
14.000-14.499 71 14,384,247.02 6.07 357 38.80 8.204 581 85.46
14.500-14.999 58 11,917,460.65 5.03 358 40.01 8.761 576 84.68
15.000-15.499 19 3,058,582.17 1.29 358 40.90 9.164 545 74.70
15.500-15.999 11 2,982,186.65 1.26 358 40.28 9.677 546 81.94
16.000-16.499 3 731,184.75 0.31 359 46.72 10.125 556 82.14
16.500-16.999 1 431,840.85 0.18 359 22.00 10.850 538 60.00
17.000-17.499 1 487,328.05 0.21 359 53.00 11.050 542 65.00
17.500-17.999 1 439,587.90 0.19 357 43.00 11.650 529 48.89
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MINIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 22 $ 6,912,667.34 2.92% 359 38.32 5.343 647 78.42
5.500-5.999 63 21,598,997.64 9.12 359 39.71 5.785 630 84.76
6.000-6.499 91 30,215,965.66 12.76 359 39.93 6.199 635 86.05
6.500-6.999 194 59,374,184.62 25.07 358 40.54 6.746 623 87.35
7.000-7.499 162 43,115,773.04 18.2 358 39.78 7.229 615 87.02
7.500-7.999 164 41,199,801.71 17.39 358 38.39 7.730 599 87.21
8.000-8.499 71 14,384,247.02 6.07 357 38.80 8.204 581 85.46
8.500-8.999 58 11,917,460.65 5.03 358 40.01 8.761 576 84.68
9.000-9.499 19 3,058,582.17 1.29 358 40.90 9.164 545 74.70
9.500-9.999 11 2,982,186.65 1.26 358 40.28 9.677 546 81.94
10.000-10.499 3 731,184.75 0.31 359 46.72 10.125 556 82.14
10.500-10.999 1 431,840.85 0.18 359 22.00 10.850 538 60.00
11.000-11.499 1 487,328.05 0.21 359 53.00 11.050 542 65.00
11.500-11.999 1 439,587.90 0.19 357 43.00 11.650 529 48.89
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF GROSS MARGINS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
(%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
4.500-4.749 265 $ 67,248,294.70 28.39% 358 38.36 7.206 618 85.93
5.000-5.249 1 121,424.09 0.05 359 21.00 8.350 668 90.00
5.250-5.499 1 128,588.10 0.05 359 43.00 6.700 606 90.00
5.500-5.749 71 24,195,301.79 10.22 358 41.37 7.289 619 87.56
6.000-6.249 1 360,619.50 0.15 359 40.00 5.700 606 95.00
6.500-6.749 515 143,594,626.53 60.63 358 40.01 7.008 610 85.75
6.750-6.999 2 289,048.53 0.12 359 39.67 7.250 568 88.08
7.000-7.249 5 911,904.81 0.39 359 45.71 9.225 532 67.14
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
NEXT ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
July 2005 5 $ 995,116.76 0.42% 353 48.72 7.936 562 74.90
August 2005 16 3,683,266.57 1.56 354 36.15 7.891 592 78.24
September 2005 1 257,960.69 0.11 355 36.00 9.000 535 70.27
October 2005 12 3,310,556.26 1.40 356 45.05 7.057 606 86.01
November 2005 47 12,374,294.17 5.22 357 40.53 7.555 613 83.43
December 2005 152 40,377,456.14 17.05 357 41.83 7.157 613 87.78
January 2006 370 99,769,197.86 42.12 359 39.16 7.084 612 86.80
February 2006 10 3,265,080.00 1.38 360 43.12 7.727 605 86.50
September 2006 1 340,676.18 0.14 355 42.00 7.350 693 95.00
October 2006 5 912,162.82 0.39 356 24.49 6.606 598 83.52
November 2006 12 3,031,913.02 1.28 357 37.75 7.436 620 90.42
December 2006 56 17,011,817.03 7.18 357 41.60 6.927 614 86.69
January 2007 169 50,063,111.55 21.14 359 38.25 6.896 617 83.63
February 2007 5 1,457,199.00 0.62 360 34.00 7.204 612 86.07
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO- GROSS OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) INCOME (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 861 $ 236,849,808.05 100.00% 358 39.69 7.100 613 85.94
-----------------------------------------------------------------------------------------------------------------------------------
GROUP III MORTGAGE LOAN STATISTICS
The Group III Mortgage Loans consist of 434 fixed-rate Mortgage Loans
having an aggregate principal balance as of the Cut-off Date of approximately
$99,928,971, 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 Calculation Date. None of the Group III
Mortgage Loans had a first Due Date prior to September 2003 or after March 2004,
or will have a remaining term to stated maturity of less than 178 months or
greater than 360 months as of the Cut-off Date. The latest maturity date of any
Group III Mortgage Loans is February 2034. The Group III Mortgage Loans are
expected to have the characteristics set forth in the following tables as of the
Cut-off Date (the sum in any column may not equal the total indicated due to
rounding).
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
COLLATERAL MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Rate 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
RANGE OF
PRINCIPAL
BALANCES PRINCIPAL % OF REMAINING
AT NUMBER OF BALANCE PRINCIPAL TERM TO GROSS
ORIGINATION MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
($) LOANS ORIGINATION ORIGINATION (months)* INCOME (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 89 $ 7,092,735.00 7.09% 343 36.51 7.474 609 80.81
100,000.01 - 150,000.00 81 9,972,050.00 9.96 337 36.30 7.218 621 80.59
150,000.01 - 200,000.00 53 9,447,255.00 9.44 342 37.61 6.922 627 82.29
200,000.01 - 250,000.00 29 6,642,140.00 6.64 352 41.97 6.690 635 80.82
250,000.01 - 300,000.00 45 12,248,256.00 12.24 345 40.10 6.546 648 84.22
300,000.01 - 350,000.00 34 11,071,850.00 11.06 351 41.66 6.462 644 80.73
350,000.01 - 400,000.00 51 19,321,624.00 19.30 353 40.23 6.343 670 81.52
400,000.01 - 450,000.00 24 10,134,330.00 10.12 351 38.69 6.458 648 77.51
450,000.01 - 500,000.00 23 11,063,600.00 11.05 359 33.68 5.993 660 76.53
500,000.01 - 550,000.00 2 1,067,500.00 1.07 358 33.45 6.114 633 71.97
600,000.01 - 650,000.00 1 650,000.00 0.65 358 21.00 5.625 709 72.22
650,000.01 - 700,000.00 2 1,392,000.00 1.39 298 30.46 6.276 618 66.76
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 100,103,340.00 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
RANGE OF
PRINCIPAL
BALANCES PRINCIPAL % OF REMAINING
AS OF THE CUT- NUMBER OF BALANCE PRINCIPAL TERM TO GROSS
OFF DATE MORTGAGE AS OF BALANCE AS OF MATURITY DEBT-TO- COUPON OLTV
($) LOANS ORIGINATION ORIGINATION (months)* INCOME (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01-100,000.00 89 $ 7,083,230.31 7.09% 343 36.51 7.474 609 80.81
100,000.01-150,000.00 81 9,957,889.33 9.96 337 36.30 7.219 621 80.59
150,000.01-200,000.00 53 9,432,288.52 9.44 342 37.61 6.922 627 82.29
200,000.01-250,000.00 30 6,882,117.94 6.89 352 41.82 6.673 638 80.79
250,000.01-300,000.00 45 12,268,527.56 12.28 346 40.16 6.534 649 83.87
300,000.01-350,000.00 33 10,755,225.56 10.76 351 41.68 6.482 640 81.12
350,000.01-400,000.00 51 19,290,211.43 19.30 353 40.23 6.343 670 81.52
400,000.01-450,000.00 24 10,117,880.14 10.13 351 38.70 6.458 648 77.52
450,000.01-500,000.00 23 11,050,867.69 11.06 359 33.68 5.994 660 76.53
500,000.01-550,000.00 2 1,065,880.94 1.07 358 33.46 6.114 633 71.98
600,000.01-650,000.00 1 648,606.96 0.65 358 21.00 5.625 709 72.22
650,000.01-700,000.00 2 1,376,244.58 1.38 299 30.39 6.277 618 66.73
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF MONTHS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
REMAINING LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
120 - 180 22 $ 3,688,571.64 3.69% 179 37.06 6.617 630 70.17
181 - 240 13 3,036,833.84 3.04 239 40.87 6.332 640 76.42
300 - 360 399 93,203,565.48 93.27 359 38.34 6.599 645 80.85
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF CURRENT MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
MORTGAGE RATES (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 24 $ 9,176,858.19 9.18% 357 35.45 5.346 712 66.24
5.500-5.999 68 20,071,453.94 20.09 346 37.46 5.770 683 77.05
6.000-6.499 84 22,576,682.67 22.59 347 39.05 6.278 637 78.35
6.500-6.999 86 20,314,335.95 20.33 346 39.44 6.694 627 83.21
7.000-7.499 48 8,959,736.95 8.97 342 40.25 7.226 621 84.06
7.500-7.999 66 11,312,857.98 11.32 352 37.94 7.736 615 88.06
8.000-8.499 29 4,064,285.62 4.07 356 36.80 8.213 611 89.34
8.500-8.999 24 3,014,867.58 3.02 352 40.61 8.725 585 86.93
9.000-9.499 3 316,836.93 0.32 358 30.49 9.262 594 88.39
9.500-9.999 2 121,055.15 0.12 357 23.41 9.725 601 85.05
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
RANGE OF ORIGINAL NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
LOAN-TO-VALUE RATIOS MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
25.001-30.000 1 $ 402,546.30 0.40% 359 55.00 5.350 705 26.87
35.001-40.000 1 84,836.99 0.08 359 45.00 7.500 561 39.51
40.001-45.000 2 242,380.17 0.24 180 31.53 6.184 664 42.93
45.001-50.000 4 1,017,548.86 1.02 359 27.73 5.568 726 47.96
50.001-55.000 12 2,897,795.04 2.90 325 37.70 6.218 648 54.06
55.001-60.000 14 2,988,109.12 2.99 344 41.19 6.005 661 58.21
60.001-65.000 27 6,519,096.62 6.52 343 40.68 6.278 625 63.30
65.001-70.000 27 7,793,461.21 7.80 337 36.62 5.951 664 68.31
70.001-75.000 37 8,815,589.72 8.82 341 37.06 6.188 657 73.57
75.001-80.000 69 17,089,664.86 17.10 348 37.23 6.440 635 78.85
80.001-85.000 60 13,443,720.28 13.45 354 41.70 6.541 631 84.17
85.001-90.000 95 20,178,752.06 20.19 354 36.11 6.980 638 89.47
90.001-95.000 85 18,455,469.73 18.47 354 39.96 7.154 653 94.52
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RANGE OF FICO SCORES LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 5 $ 466,327.51 0.47% 277 39.20 8.145 505 62.19
520-539 14 2,233,971.64 2.24 337 44.83 7.252 532 74.59
540-559 34 5,619,272.53 5.62 350 40.25 7.275 551 79.26
560-579 25 5,181,657.32 5.19 354 34.79 7.107 571 79.12
580-599 38 7,277,132.09 7.28 356 41.36 7.092 590 80.54
600-619 56 12,224,582.07 12.23 355 36.94 6.810 610 83.95
620-639 71 16,757,967.01 16.77 338 40.58 6.885 628 81.85
640-659 59 14,286,809.74 14.30 345 38.76 6.279 649 79.64
660-679 42 9,743,775.98 9.75 345 39.26 6.516 668 84.85
680-699 38 9,725,410.34 9.73 351 36.18 6.385 689 82.60
700-719 16 4,838,797.30 4.84 358 33.77 5.963 710 74.35
720-739 15 3,997,250.88 4.00 354 37.00 5.773 731 76.71
740-759 7 2,554,980.87 2.56 340 35.24 5.867 745 72.21
760-779 10 3,456,038.25 3.46 359 38.50 5.747 772 75.76
780-799 2 794,351.94 0.79 359 36.04 5.334 789 57.61
800-819 2 770,645.49 0.77 358 33.50 5.710 804 84.52
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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DEBT-TO-INCOME RATIO
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
RANGE OF DEBT-TO- MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME RATIOS (%) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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20.000 or less 29 $ 6,838,107.86 6.84% 342 14.87 6.308 657 77.97
20.001-25.000 25 5,824,116.12 5.83 355 23.06 6.609 644 80.48
25.001-30.000 37 8,133,935.83 8.14 353 28.16 6.448 662 79.38
30.001-35.000 69 14,601,994.77 14.61 349 32.86 6.553 652 79.42
35.001-40.000 69 16,637,800.22 16.65 348 38.42 6.695 647 81.61
40.001-45.000 80 17,104,855.09 17.12 342 43.17 6.833 632 81.84
45.001-50.000 108 26,221,409.70 26.24 353 48.24 6.562 644 82.63
50.001-55.000 17 4,566,751.37 4.57 340 54.05 6.252 614 64.53
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
STATE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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California 136 $ 43,247,796.88 43.28% 352 38.14 6.162 666 77.87
New York 50 16,542,869.35 16.55 339 39.71 6.531 638 80.09
Florida 58 8,036,089.72 8.04 340 39.00 6.944 622 80.24
Maryland 15 3,273,677.99 3.28 342 38.38 6.747 629 81.07
Texas 19 2,938,872.10 2.94 358 28.93 7.299 595 77.89
Illinois 14 2,577,304.05 2.58 345 45.08 7.404 617 82.38
Connecticut 10 2,119,184.83 2.12 351 41.71 7.124 620 83.56
New Jersey 7 2,021,636.27 2.02 358 45.78 6.839 626 81.81
Ohio 17 1,949,986.84 1.95 351 35.25 7.391 613 87.94
Hawaii 7 1,921,581.82 1.92 359 42.42 6.201 667 89.42
Pennsylvania 10 1,904,064.22 1.91 349 41.15 7.108 610 79.51
Nevada 9 1,705,008.30 1.71 346 34.31 7.145 624 85.30
Washington 9 1,595,476.88 1.60 350 36.80 7.285 645 86.75
Arizona 11 1,207,328.01 1.21 326 39.39 7.145 655 88.35
Georgia 8 1,037,623.58 1.04 331 34.95 7.905 613 87.45
Massachusetts 4 1,019,765.62 1.02 359 44.67 6.203 601 75.75
Minnesota 4 820,489.83 0.82 356 24.49 6.829 625 77.58
Missouri 8 817,748.00 0.82 343 35.46 7.378 628 80.03
Michigan 4 656,301.34 0.66 359 27.81 7.989 627 89.80
Alabama 6 642,265.18 0.64 329 37.85 8.126 600 86.47
Other 28 3,893,900.15 3.90 355 35.97 7.152 636 88.13
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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OCCUPANCY STATUS
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
OCCUPATION STATUS* LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Owner Occupied 405 $ 94,869,089.03 94.94% 348 38.70 6.557 644 80.11
Non-Owner Occupied 25 3,767,942.10 3.77 355 32.42 7.641 650 88.49
Second Home 4 1,291,939.83 1.29 359 31.79 6.039 650 72.13
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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*Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
INCOME DOCUMENTATION LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Full Documentation 337 $ 75,302,852.37 75.36% 348 38.31 6.479 645 79.84
Stated Documentation 73 18,345,861.46 18.36 350 40.00 7.108 646 82.10
Limited Documentation 24 6,280,257.13 6.28 344 34.32 6.423 639 80.97
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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LOAN PURPOSE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PURPOSE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Refinance-Debt 342 $ 80,716,008.04 80.77% 347 38.78 6.551 641 79.91
Consolidation Cash Out**
Purchase 56 12,168,003.57 12.18 358 36.34 6.898 665 87.46
Refinance-Debt
Consolidation No Cash
Out*** 36 7,044,959.35 7.05 346 37.21 6.521 648 72.75
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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** 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.
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CREDIT GRADE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
RISK CATEGORY LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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1 339 $ 81,028,488.90 81.09% 350 38.26 6.506 651 80.65
2 33 6,785,472.44 6.79 341 36.41 6.808 611 81.35
3 20 3,942,634.49 3.95 334 39.67 7.216 608 81.00
4 17 2,669,351.45 2.67 344 39.85 6.805 629 74.65
5 12 1,641,818.01 1.64 326 43.45 7.509 577 69.10
A 10 2,625,081.30 2.63 346 41.88 7.106 651 81.88
C- 3 1,236,124.37 1.24 358 35.18 6.234 625 75.15
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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* Letters correspond to risk categories of Olympus Mortgage Company and
roman numerals correspond to risk categories of Argent Mortgage Company, LLC.
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PROPERTY TYPE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
PROPERTY TYPE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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Single Family Detached 347 $ 80,183,294.35 80.24% 347 38.22 6.578 644 80.52
PUD Detached 29 8,583,964.37 8.59 351 38.38 6.392 641 77.95
Two-to Four-Family 27 6,430,765.89 6.44 353 39.06 6.870 658 81.28
Condominium 20 3,483,405.94 3.49 354 39.14 6.612 645 79.19
Manufactured Housing 10 988,759.08 0.99 345 40.42 7.461 622 83.78
PUD Attached 1 258,781.33 0.26 359 49.00 6.850 621 77.31
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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PREPAYMENT CHARGE TERM
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
TERM AT ORIGINATION MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
(MOS.) LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
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0 82 $ 14,090,745.39 14.10% 349 38.49 7.188 615 82.32
12 52 16,608,486.43 16.62 339 39.66 6.521 641 80.32
24 9 1,874,406.40 1.88 345 42.77 6.672 632 76.07
36 291 67,355,332.74 67.40 350 37.91 6.481 652 80.02
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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CONFORMING BALANCE
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PRINCIPAL % OF
BALANCE PRINCIPAL REMAINING
NUMBER OF AS OF THE BALANCE AS OF TERM TO GROSS
MORTGAGE CUT-OFF THE CUT-OFF MATURITY DEBT-TO- COUPON OLTV
CONFORMING BALANCE LOANS DATE DATE (MONTHS) INCOME (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 325 $ 54,468,375.14 54.51% 345 38.77 6.856 633 81.89
Non-Conforming 109 45,460,595.82 45.49 352 37.90 6.273 659 78.45
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TOTAL: 434 $ 99,928,970.96 100.00% 348 38.37 6.591 645 80.32
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