EXHIBIT 99.1
The mortgage loans delivered to the Trust (the "Mortgage Loans")
consisted 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 as of the date of the
prospectus supplement (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 accrued interest at the
adjustable-rate calculated as specified under the terms of the related mortgage
note and each fixed-rate Mortgage Loan has a Mortgage Rate that is fixed for the
life of such Mortgage (each such rate, a "Mortgage Rate").
Approximately 95.03% of the Mortgage Loans were originated by
Ameriquest and approximately 4.97% of the Mortgage Loans were originated by the
Seller's affiliate Town & Country Credit Corporation (together with Ameriquest,
the "Originators"), in each case by aggregate scheduled principal balance of the
Mortgage Loans as of the Cut-off Date.
Each adjustable-rate Mortgage Loan will accrue interest at a Mortgage
Rate that is adjustable. The adjustable-rate Mortgage Loans 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"). The
first adjustment will occur after an initial period of two 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 2.000% per annum on the first related Adjustment Date (the "Initial
Periodic Rate Cap") and will not increase or decrease by more than 1.000% per
annum on any Adjustment Date thereafter (the "Periodic Rate Cap"). Each Mortgage
Rate on each adjustable-rate Mortgage Loan will not exceed a specified maximum
Mortgage Rate over the life of such Mortgage Loan (the "Maximum Mortgage Rate")
or be less than a specified minimum Mortgage Rate over the life of such Mortgage
Loan (the "Minimum Mortgage Rate"). Effective with the first monthly payment due
on each adjustable-rate Mortgage Loan after each related Adjustment Date, the
monthly payment amount will be adjusted to an amount that will amortize fully
the outstanding principal balance of the related Mortgage Loan over its
remaining term, and pay interest at the Mortgage Rate as so adjusted. Due to the
application of the Periodic Rate Caps and the Maximum Mortgage Rates, the
Mortgage Rate on each such adjustable-rate Mortgage Loan, as adjusted on any
related Adjustment Date, may be less than the sum of the Index and the related
Gross Margin, rounded as described herein. None of the adjustable-rate Mortgage
Loans permits the related mortgagor to convert the adjustable Mortgage Rate
thereon to a fixed Mortgage Rate.
The Mortgage Loans will have scheduled monthly payments due on the
first day of the month (with respect to each Mortgage Loan, a "Due Date"). Each
Mortgage Loan 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 are divided into two loan groups,
designated as the "Group I Mortgage Loans" and the "Group II Mortgage Loans."
The Group I Mortgage Loans consist of adjustable-rate and fixed-rate mortgage
loans with principal balances at origination that conform to Xxxxxxx Mac and
Xxxxxx Mae loan limits and the Group II Mortgage Loans consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that may or may not conform to Xxxxxxx Mac or Xxxxxx Mae loan
limits.
Approximately 69.51% of the Group I Mortgage Loans and approximately
66.49% of the Group II Mortgage Loans, in each case by aggregate scheduled
principal balances of the related loan group as of the Cut-off Date, provide for
payment by the mortgagor of a prepayment charge on certain principal
prepayments, subject to certain limitations in the related mortgage note and
limitations upon collection in the Pooling and Servicing Agreement. Generally,
each such Mortgage Loan provides for payment of a prepayment charge on certain
prepayments made within a defined period set forth in the related Mortgage Note
(generally within the first three years but possibly as short as one year from
the date of origination of such Mortgage Loan). The amount of the prepayment
charge is as provided in the related Mortgage Note. The holders of the Class P
Certificates will be entitled to all prepayment charges received on the Mortgage
Loans in each loan group, and such amounts will not be available for
distribution on the other classes of Certificates. Under certain instances, as
described under the terms of the Pooling and Servicing Agreement, the Master
Servicer may waive the payment of any otherwise applicable prepayment charge.
Investors should conduct their own analysis of the effect, if any, that the
prepayment charges, and decisions by the Master Servicer with respect to the
waiver thereof, may have on the prepayment performance of the Mortgage Loans.
The Depositor makes no representation as to the effect that the prepayment
charges, and decisions by the Master Servicer with respect to the waiver
thereof, may have on the prepayment performance of the Mortgage Loans.
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COLLATERAL TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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2 YEAR ARMS 5,425 $ 850,002,101.68 85.00% 355 39.71 7.510 600 77.71
FIXED 965 149,997,601.82 15.00 333 38.38 7.437 651 76.79
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TOTAL: 6,390 $ 999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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PRINCIPAL BALANCES AT ORIGINATION
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PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
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50,000.01 - 100,000.00 2,101 $ 166,490,375.00 16.63% 343 37.66 8.308 589 75.15
100,000.01 - 150,000.00 1,810 224,461,666.00 22.42 349 39.35 7.662 604 78.15
150,000.01 - 200,000.00 1,097 190,442,789.00 19.02 353 39.38 7.453 604 78.16
200,000.01 - 250,000.00 499 112,139,192.00 11.20 355 40.45 7.270 606 77.43
250,000.01 - 300,000.00 368 100,483,826.00 10.03 354 41.04 7.231 611 77.94
300,000.01 - 350,000.00 187 60,341,257.00 6.03 357 40.95 7.204 610 77.52
350,000.01 - 400,000.00 122 45,882,102.00 4.58 356 40.89 7.102 619 79.29
400,000.01 - 450,000.00 76 32,236,334.00 3.22 356 40.08 6.861 636 78.74
450,000.01 - 500,000.00 50 23,834,020.00 2.38 359 38.13 6.723 647 78.14
500,000.01 - 550,000.00 41 21,749,350.00 2.17 351 38.27 6.847 649 80.51
550,000.01 - 600,000.00 37 21,656,719.00 2.16 355 39.88 6.613 646 76.16
600,000.01 - 650,000.00 1 648,000.00 0.06 360 26.00 6.400 610 81.00
1,000,000.01 >= 1 1,021,000.00 0.10 358 43.00 6.250 742 60.06
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TOTAL: 6,390 $ 1,001,386,630.00 100.00% 352 39.51 7.499 608 77.58
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* Based on the original balances of the Mortgage Loans.
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PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
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PRINCIPAL REMAINING
RANGE OF PRINCIPAL BALANCES NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
AS OF THE MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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50,000.01 - 100,000.00 2,108 $ 166,945,135.39 16.69% 343 37.65 8.304 589 75.12
100,000.01 - 150,000.00 1,804 223,592,121.34 22.36 349 39.35 7.664 604 78.19
150,000.01 - 200,000.00 1,096 190,049,595.89 19.00 353 39.39 7.454 604 78.15
200,000.01 - 250,000.00 500 112,247,987.66 11.22 355 40.46 7.269 607 77.43
250,000.01 - 300,000.00 367 100,103,553.28 10.01 354 41.04 7.233 610 77.94
300,000.01 - 350,000.00 187 60,255,720.98 6.03 357 40.95 7.204 610 77.52
350,000.01 - 400,000.00 123 46,202,172.26 4.62 356 40.89 7.098 620 79.38
400,000.01 - 450,000.00 75 31,785,258.88 3.18 356 40.08 6.864 636 78.59
450,000.01 - 500,000.00 50 23,802,559.10 2.38 359 38.13 6.723 647 78.14
500,000.01 - 550,000.00 41 21,719,905.99 2.17 351 38.28 6.848 649 80.51
550,000.01 - 600,000.00 37 21,628,635.32 2.16 355 39.88 6.613 646 76.17
600,000.01 - 650,000.00 1 648,000.00 0.06 360 26.00 6.400 610 81.00
1,000,000.01 >= 1 1,019,057.41 0.10 358 43.00 6.250 742 60.06
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TOTAL: 6,390 $ 999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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REMAINING TERM TO MATURITY
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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61 - 120 15 $ 1,356,540.88 0.14% 118 36.83 7.594 664 64.94
121 - 180 172 18,466,020.80 1.85 178 35.59 7.490 636 74.25
181 - 240 210 26,190,284.76 2.62 239 35.97 7.460 624 75.56
241 - 300 28 3,669,357.92 0.37 298 37.98 7.487 656 72.29
301 - 360 5,965 950,317,499.14 95.03 359 39.69 7.500 606 77.73
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TOTAL: 6,390 $ 999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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MORTGAGE RATE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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5.500 - 5.999 357 $ 78,595,115.66 7.86% 351 38.22 5.909 676 78.84
6.000 - 6.499 557 115,434,179.95 11.54 352 37.69 6.263 646 76.08
6.500 - 6.999 1,188 216,833,213.38 21.68 351 39.13 6.767 631 78.40
7.000 - 7.499 685 114,441,738.58 11.44 351 39.49 7.269 601 77.37
7.500 - 7.999 1,432 215,151,214.65 21.52 351 40.28 7.759 585 76.88
8.000 - 8.499 512 68,454,809.70 6.85 355 40.48 8.255 574 77.38
8.500 - 8.999 776 97,028,775.92 9.70 353 40.22 8.746 571 77.92
9.000 - 9.499 255 27,745,788.21 2.77 352 41.44 9.249 571 77.51
9.500 - 9.999 352 38,931,297.18 3.89 353 40.28 9.740 570 78.92
10.000 - 10.499 86 8,790,973.76 0.88 351 41.10 10.259 566 78.15
10.500 - 10.999 135 14,029,689.91 1.40 346 40.41 10.738 571 77.73
11.000 - 11.499 31 2,601,367.76 0.26 349 36.56 11.214 560 75.11
11.500 - 11.999 17 1,349,042.98 0.13 336 34.68 11.681 563 77.10
12.000 - 12.499 3 220,591.36 0.02 326 36.29 12.368 583 77.93
12.500 - 12.999 4 391,904.50 0.04 358 42.29 12.643 556 71.37
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TOTAL: 6,390 $ 999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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ORIGINAL LOAN-TO-VALUE RATIOS
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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<= 25.00 34 $ 2,964,344.92 0.30% 359 34.43 7.823 601 20.67
25.01 - 30.00 23 2,711,343.92 0.27 345 34.22 7.409 604 27.89
30.01 - 35.00 26 2,925,519.32 0.29 346 36.89 7.071 634 33.01
35.01 - 40.00 54 6,732,614.76 0.67 347 37.99 7.445 591 37.48
40.01 - 45.00 51 6,276,902.15 0.63 344 37.09 7.134 625 42.88
45.01 - 50.00 93 12,497,884.67 1.25 344 39.38 7.412 609 47.85
50.01 - 55.00 150 22,007,955.35 2.20 344 37.94 7.454 598 52.99
55.01 - 60.00 251 37,736,495.31 3.77 349 39.87 7.721 582 57.93
60.01 - 65.00 287 44,247,830.60 4.42 352 38.68 7.329 596 62.90
65.01 - 70.00 421 67,808,346.62 6.78 349 37.73 7.465 596 67.96
70.01 - 75.00 1,144 167,435,202.00 16.74 352 40.40 7.796 574 73.70
75.01 - 80.00 942 150,141,137.44 15.01 349 39.66 7.265 612 78.61
80.01 - 85.00 1,409 229,454,359.95 22.95 354 39.82 7.556 602 83.68
85.01 - 90.00 1,351 221,480,976.33 22.15 353 39.23 7.453 636 89.10
90.01 - 95.00 154 25,578,790.16 2.56 353 41.94 7.070 702 93.85
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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FICO SCORE AT ORIGINATION
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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500 - 519 337 $ 41,681,522.13 4.17% 356 42.05 8.405 510 69.84
520 - 539 707 96,695,886.96 9.67 356 41.88 8.334 530 73.11
540 - 559 820 112,419,727.18 11.24 353 40.60 8.159 550 74.52
560 - 579 828 122,824,608.48 12.28 354 39.81 7.827 569 77.39
580 - 599 727 113,689,707.43 11.37 353 38.77 7.665 589 76.83
600 - 619 674 110,176,023.53 11.02 351 38.90 7.387 609 78.32
620 - 639 657 109,764,620.03 10.98 351 39.22 7.272 629 80.26
640 - 659 459 80,489,152.46 8.05 349 37.59 6.956 649 79.15
660 - 679 412 75,542,581.88 7.55 350 38.02 6.750 670 80.93
680 - 699 330 55,839,793.38 5.58 350 39.93 6.692 689 82.79
700 - 719 202 35,749,628.15 3.57 348 38.76 6.730 709 80.82
720 - 739 118 22,683,480.41 2.27 338 38.27 6.639 729 79.26
740 - 759 75 14,674,763.86 1.47 349 39.42 6.384 749 78.37
760 - 779 29 4,176,350.19 0.42 337 35.63 6.742 771 77.16
780 - 799 15 3,591,857.43 0.36 334 40.95 6.703 786 75.98
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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DEBT-TO-INCOME RATIO
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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<= 20.00 368 $ 52,037,441.46 5.20% 346 14.69 7.455 615 74.87
20.01 - 25.00 395 55,460,570.41 5.55 346 23.27 7.401 612 75.35
25.01 - 30.00 582 86,742,669.62 8.67 349 28.20 7.405 612 78.11
30.01 - 35.00 803 120,320,828.92 12.03 350 33.18 7.390 611 77.57
35.01 - 40.00 975 148,298,474.40 14.83 352 38.07 7.503 604 77.49
40.01 - 45.00 1,091 175,274,228.18 17.53 353 43.07 7.504 613 77.91
45.01 - 50.00 1,671 283,742,893.02 28.37 353 48.17 7.396 616 79.21
50.01 - 55.00 505 78,122,597.49 7.81 355 53.22 8.223 553 73.85
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Total: 6,390 $ 999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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GEOGRAPHIC DISTRIBUTION
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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California 822 $201,593,820.95 20.16% 356 39.55 6.942 615 73.87
Florida 787 105,250,366.28 10.53 350 40.46 7.570 598 78.40
New York 261 60,017,653.92 6.00 354 40.11 7.519 620 73.55
Massachusetts 224 49,006,568.45 4.90 356 40.92 7.270 604 73.43
Maryland 277 48,987,295.38 4.90 353 39.53 7.530 605 78.22
Illinois 270 40,754,179.44 4.08 353 40.43 8.313 604 79.48
Ohio 352 39,662,909.19 3.97 352 38.21 7.543 595 82.84
Texas 376 39,469,095.92 3.95 334 38.44 7.917 603 76.54
Michigan 331 38,801,468.05 3.88 355 38.51 7.597 600 80.04
Minnesota 191 30,053,144.80 3.01 348 36.93 7.457 605 78.07
Connecticut 155 28,861,825.83 2.89 354 41.31 7.493 610 79.45
Pennsylvania 223 28,130,595.24 2.81 341 38.52 7.495 608 78.00
Georgia 185 25,111,116.76 2.51 355 39.05 8.368 603 81.57
Rhode Island 110 20,596,773.31 2.06 356 41.46 7.025 607 75.08
Wisconsin 161 20,209,448.28 2.02 349 40.77 8.231 608 81.76
Washington 106 19,851,002.36 1.99 356 39.24 7.195 609 79.60
Indiana 156 17,082,380.84 1.71 348 36.75 7.611 605 81.66
Tennessee 141 15,071,177.22 1.51 340 37.97 7.862 604 81.64
Arizona 110 14,996,378.11 1.50 358 39.65 7.555 602 80.49
Nevada 69 14,557,074.15 1.46 358 38.48 7.238 606 78.10
Other 1,083 141,935,429.02 14.19 349 39.30 7.741 610 79.67
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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OCCUPANCY STATUS
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
OCCUPANCY STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Owner Occupied 6,126 $963,422,569.91 96.34% 352 39.68 7.489 606 77.53
Non-owner Occupied 199 26,402,290.55 2.64 351 33.06 7.784 643 77.68
Second Home 65 10,174,843.04 1.02 349 40.41 7.665 637 81.99
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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* Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Full Docs 4,696 $720,642,155.69 72.06% 351 39.43 7.427 604 77.87
Stated Docs 762 132,355,303.56 13.24 355 39.97 7.769 632 74.76
Limited Docs 932 147,002,244.25 14.70 351 39.52 7.606 605 78.66
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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LOAN PURPOSE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Refi-Cash Out** 5,873 $929,297,734.70 92.93% 351 39.49 7.493 607 77.34
Xxxx-Xx Xxxxxxx*** 000 65,582,715.38 6.56 352 40.03 7.563 613 80.70
Purchase 31 5,119,253.42 0.51 358 36.43 7.811 659 80.71
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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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 REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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8A 335 $ 61,973,075.17 6.20% 342 38.40 6.575 735 78.89
7A 407 71,048,031.96 7.10 350 39.97 6.696 693 82.67
6A 367 69,004,910.92 6.90 350 38.37 6.658 670 81.29
5A 357 66,173,494.95 6.62 348 37.97 6.805 649 79.77
4A 483 84,071,113.82 8.41 350 38.99 7.117 631 80.71
3A 420 70,269,906.92 7.03 350 39.74 7.153 612 78.22
2A 1,472 227,048,678.90 22.70 353 38.65 7.463 587 79.16
A 426 64,071,521.56 6.41 355 38.55 7.886 579 77.10
B 1,165 157,925,134.04 15.79 355 41.40 8.429 551 75.00
C 889 120,218,124.87 12.02 355 41.23 8.323 547 69.96
D 69 8,195,710.39 0.82 345 39.16 8.964 531 57.98
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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PROPERTY TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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Single Family Detached 5,524 $851,385,544.50 85.14% 351 39.48 7.514 605 77.82
Two-to-Four Family 281 58,291,996.55 5.83 353 40.83 7.333 633 73.73
Condominium 244 42,032,508.23 4.20 357 38.96 7.356 613 79.22
PUD Detached 173 30,171,390.22 3.02 352 39.66 7.451 613 78.58
Manufactured Housing 119 11,658,190.00 1.17 349 38.30 7.782 617 70.70
Single Family
Attached 41 5,185,328.81 0.52 352 36.82 7.768 607 75.81
PUD Attached 8 1,274,745.19 0.13 346 37.08 7.033 677 81.92
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TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
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PREPAYMENT CHARGE TERM AT ORIGINATION
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
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0 1,997 $310,967,062.34 31.10% 352 39.38 7.877 610 77.90
12 164 33,158,374.70 3.32 350 40.92 7.070 628 72.75
24 8 2,028,848.20 0.20 359 34.64 7.056 602 80.26
30 16 3,263,647.77 0.33 359 35.74 8.287 600 82.72
36 4,205 650,581,770.49 65.06 351 39.53 7.338 605 77.63
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming
Balance 6,043 $848,442,035.77 84.84% 351 39.47 7.606 603 77.45
Non-Conforming
Balance 347 151,557,667.73 15.16 356 39.76 6.901 632 78.29
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 6,390 $999,999,703.50 100.00% 352 39.51 7.499 608 77.58
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 330 $ 71,949,377.31 8.46% 353 38.34 5.910 673 78.98
12.000 - 12.499 469 97,651,781.32 11.49 355 37.67 6.260 635 76.88
12.500 - 12.999 957 173,087,772.63 20.36 355 39.53 6.766 619 79.02
13.000 - 13.499 567 95,713,370.43 11.26 355 39.65 7.267 591 77.13
13.500 - 13.999 1,213 183,524,110.58 21.59 355 40.44 7.768 578 76.46
14.000 - 14.499 459 61,939,637.90 7.29 356 40.74 8.255 570 77.28
14.500 - 14.999 680 85,294,375.95 10.03 355 40.35 8.741 569 77.91
15.000 - 15.499 228 24,786,526.48 2.92 353 41.93 9.250 569 77.49
15.500 - 15.999 291 32,716,457.99 3.85 356 40.61 9.737 570 79.60
16.000 - 16.499 75 7,682,864.53 0.90 353 40.94 10.260 566 78.01
16.500 - 16.999 115 12,144,962.50 1.43 349 39.84 10.736 575 78.47
17.000 - 17.499 24 2,096,420.84 0.25 359 35.85 11.211 568 76.86
17.500 - 17.999 11 861,932.17 0.10 359 34.84 11.671 570 73.45
18.000 - 18.499 3 220,591.36 0.03 326 36.29 12.368 583 77.93
18.500 - 18.999 3 331,919.69 0.04 358 40.36 12.660 564 71.36
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 330 $ 71,949,377.31 8.46% 353 38.34 5.910 673 78.98
6.000 - 6.499 469 97,651,781.32 11.49 355 37.67 6.260 635 76.88
6.500 - 6.999 957 173,087,772.63 20.36 355 39.53 6.766 619 79.02
7.000 - 7.499 567 95,713,370.43 11.26 355 39.65 7.267 591 77.13
7.500 - 7.999 1,213 183,524,110.58 21.59 355 40.44 7.768 578 76.46
8.000 - 8.499 459 61,939,637.90 7.29 356 40.74 8.255 570 77.28
8.500 - 8.999 680 85,294,375.95 10.03 355 40.35 8.741 569 77.91
9.000 - 9.499 228 24,786,526.48 2.92 353 41.93 9.250 569 77.49
9.500 - 9.999 291 32,716,457.99 3.85 356 40.61 9.737 570 79.60
10.000 - 10.499 75 7,682,864.53 0.90 353 40.94 10.260 566 78.01
10.500 - 10.999 115 12,144,962.50 1.43 349 39.84 10.736 575 78.47
11.000 - 11.499 24 2,096,420.84 0.25 359 35.85 11.211 568 76.86
11.500 - 11.999 11 861,932.17 0.10 359 34.84 11.671 570 73.45
12.000 - 12.499 3 220,591.36 0.03 326 36.29 12.368 583 77.93
12.500 - 12.999 3 331,919.69 0.04 358 40.36 12.660 564 71.36
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
MARGINS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
3.000 - 3.249 2 $ 282,201.97 0.03% 280 43.18 5.976 719 51.12
3.250 - 3.499 2 218,522.24 0.03 359 44.16 6.634 704 59.75
3.500 - 3.749 1 98,123.98 0.01 359 36.00 7.990 707 90.00
3.750 - 3.999 2 182,258.04 0.02 275 31.39 6.714 679 90.00
4.250 - 4.499 1 466,397.54 0.05 359 35.00 5.750 680 71.83
4.500 - 4.749 19 3,006,385.21 0.35 359 37.84 6.215 737 81.26
4.750 - 4.999 199 36,355,479.57 4.28 353 39.95 6.599 728 84.47
5.000 - 5.249 269 48,144,483.65 5.66 356 39.74 6.672 690 83.84
5.250 - 5.499 274 53,151,237.81 6.25 356 38.81 6.510 667 81.37
5.500 - 5.749 268 49,877,265.89 5.87 354 39.05 6.719 647 80.76
5.750 - 5.999 495 88,088,098.68 10.36 353 38.71 7.017 617 80.44
6.000 - 6.249 1,548 244,437,630.13 28.76 354 38.87 7.383 592 79.02
6.250 - 6.499 454 67,989,094.08 8.00 355 39.32 7.855 571 76.52
6.500 - 6.749 1,089 148,845,943.32 17.51 356 41.40 8.382 551 74.63
6.750 - 6.999 802 108,858,979.57 12.81 355 41.05 8.359 546 69.41
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
NEXT RATE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
ADJUSTMENT DATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2006-03 48 $ 7,160,292.23 0.84% 351 39.37 7.194 589 82.44
2006-04 130 20,970,014.18 2.47 353 38.98 7.795 587 78.95
2006-05 8 1,268,407.15 0.15 356 36.53 7.570 568 73.12
2006-06 71 8,226,002.29 0.97 353 40.03 7.517 577 81.14
2006-07 842 130,974,753.87 15.41 355 39.72 7.370 599 78.57
2006-08 4,104 652,048,993.96 76.71 355 39.77 7.518 601 77.30
2006-09 222 29,353,638.00 3.45 353 38.89 7.823 590 80.42
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $ 850,002,101.68 100.00% 355 39.71 7.510 600 77.71
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
INITIAL PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2.000 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC RATE CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
1.000 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,425 $850,002,101.68 100.00% 355 39.71 7.510 600 77.71
------------------------------------------------------------------------------------------------------------------------------------
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 5,646 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $800,065,789.93 after application of scheduled
payments due on or before the Cut-off Date whether or not received and
application of all unscheduled payments of principal received prior to the
Cut-off Date. None of the Group I Mortgage Loans had a first Due Date prior to
March 1, 2004 or after October 1, 2004, or will have a remaining term to stated
maturity of less than 115 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group I Mortgage Loan is September 1,
2034.
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 4,788 $680,064,367.19 85.00% 355 39.65 7.564 596 77.60
FIXED 858 120,001,422.74 15.00 330 38.57 7.512 648 76.57
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,916 $152,385,003.00 19.02% 343 37.77 8.247 590 75.16
100,000.01- 150,000.00 1,698 210,643,541.00 26.29 349 39.33 7.614 605 78.20
150,000.01 - 200,000.00 1,039 180,323,155.00 22.51 354 39.34 7.416 605 78.13
200,000.01 - 250,000.00 476 107,055,847.00 13.36 355 40.40 7.230 606 77.27
250,000.01 - 300,000.00 354 96,755,411.00 12.08 354 41.03 7.194 611 77.86
300,000.01 - 350,000.00 134 42,385,895.00 5.29 356 40.63 7.196 613 77.98
350,000.01 - 400,000.00 17 6,355,279.00 0.79 359 41.60 6.981 645 79.63
400,000.01 - 450,000.00 8 3,324,500.00 0.41 358 43.44 7.002 641 81.95
450,000.01 - 500,000.00 4 1,940,365.00 0.24 359 39.13 6.624 664 74.45
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $801,168,996.00 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF PRINCIPAL BALANCES NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
AS OF THE MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 1,923 $152,857,606.28 19.11% 343 37.76 8.243 590 75.12
100,000.01 - 150,000.00 1,692 209,789,767.63 26.22 349 39.32 7.615 604 78.24
150,000.01 - 200,000.00 1,038 179,939,302.31 22.49 354 39.35 7.416 605 78.13
200,000.01 - 250,000.00 477 107,170,813.18 13.40 355 40.41 7.228 606 77.26
250,000.01 - 300,000.00 353 96,378,884.48 12.05 354 41.02 7.196 611 77.86
300,000.01 - 350,000.00 134 42,325,238.84 5.29 356 40.64 7.196 613 77.98
350,000.01 - 400,000.00 17 6,347,447.27 0.79 359 41.60 6.982 645 79.63
400,000.01 - 450,000.00 8 3,319,004.48 0.41 358 43.44 7.002 641 81.95
450,000.01 - 500,000.00 4 1,937,725.46 0.24 359 39.12 6.624 664 74.45
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
61 - 120 14 $ 1,298,472.85 0.16% 118 37.22 7.547 668 64.07
121 - 180 153 15,513,979.76 1.94 178 37.51 7.526 633 74.25
181 - 240 195 23,429,687.03 2.93 239 36.62 7.435 624 75.33
241 - 300 27 3,598,221.86 0.45 298 38.00 7.450 655 71.84
301 - 360 5,257 756,225,428.43 94.52 359 39.63 7.561 602 77.63
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 298 $ 53,370,111.56 6.67% 351 37.96 5.914 674 78.91
6.000 - 6.499 471 80,080,975.03 10.01 349 38.16 6.271 645 75.34
6.500 - 6.999 1,063 171,290,957.27 21.41 350 38.87 6.769 629 78.27
7.000 - 7.499 618 94,329,059.29 11.79 351 39.49 7.265 601 77.65
7.500 - 7.999 1,287 179,218,404.49 22.40 350 40.21 7.768 583 76.78
8.000 - 8.499 485 63,087,962.87 7.89 354 40.31 8.259 575 77.40
8.500 - 8.999 727 86,612,443.70 10.83 353 40.06 8.752 570 77.58
9.000 - 9.499 206 22,260,222.05 2.78 350 41.17 9.246 571 78.17
9.500 - 9.999 272 28,722,381.77 3.59 353 39.88 9.739 562 78.32
10.000 - 10.499 69 6,914,176.78 0.86 354 40.89 10.252 573 79.77
10.500 - 10.999 106 10,744,932.91 1.34 347 41.18 10.739 568 77.07
11.000 - 11.499 23 1,843,245.00 0.23 345 35.51 11.207 553 72.90
11.500 - 11.999 16 1,259,100.80 0.16 334 34.01 11.694 563 75.91
12.000 - 12.499 2 139,862.97 0.02 307 34.72 12.407 578 73.84
12.500 - 12.999 3 191,953.44 0.02 358 40.52 12.584 543 73.88
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
<= 25.000 32 $ 2,814,536.49 0.35% 359 34.96 7.745 603 20.60
25.01 - 30.00 21 2,515,338.75 0.31 344 35.27 7.453 601 27.82
30.01 - 35.00 23 2,335,198.37 0.29 343 35.67 7.269 628 33.14
35.01 - 40.00 48 5,943,467.90 0.74 348 37.19 7.408 596 37.59
40.01 - 45.00 49 5,830,762.57 0.73 343 36.70 7.138 627 42.82
45.01 - 50.00 87 11,424,339.42 1.43 343 39.46 7.391 605 47.71
50.01 - 55.00 138 18,679,360.76 2.33 347 38.24 7.534 596 52.90
55.01 - 60.00 227 30,466,391.03 3.81 348 38.94 7.739 580 58.04
60.01 - 65.00 244 33,050,751.09 4.13 351 38.34 7.348 584 62.95
65.01 - 70.00 367 52,745,230.23 6.59 348 38.00 7.509 591 67.97
70.01 - 75.00 1,004 136,725,441.79 17.09 351 40.82 7.855 569 73.76
75.01 - 80.00 823 117,334,605.11 14.67 347 39.50 7.338 607 78.62
80.01 - 85.00 1,249 182,961,439.97 22.87 354 39.52 7.677 598 83.75
85.01 - 90.00 1,191 174,286,999.82 21.78 353 39.33 7.460 633 89.08
90.01 - 95.00 143 22,951,926.63 2.87 353 41.93 7.074 702 94.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500 - 519 307 $ 36,544,587.03 4.57% 355 41.98 8.372 510 69.73
520 - 539 652 87,313,170.61 10.91 355 41.91 8.352 530 73.33
540 - 559 725 94,324,544.90 11.79 353 40.36 8.167 550 74.71
560 - 579 726 100,623,660.45 12.58 354 39.44 7.788 569 77.58
580 - 599 641 94,469,929.43 11.81 353 38.59 7.667 589 76.75
600 - 619 592 88,256,664.48 11.03 350 39.09 7.426 609 77.92
620 - 639 570 83,141,555.68 10.39 350 39.05 7.275 629 79.87
640 - 659 390 56,183,737.66 7.02 348 37.94 7.057 649 78.72
660 - 679 357 54,327,882.82 6.79 347 38.05 6.820 670 81.26
680 - 699 299 45,063,713.59 5.63 348 39.75 6.745 689 83.78
700 - 719 184 28,812,685.37 3.60 345 38.36 6.827 710 81.21
720 - 739 99 14,949,982.15 1.87 337 38.64 6.630 728 80.53
740 - 759 64 9,881,934.68 1.24 346 38.56 6.483 749 78.23
760 - 779 28 3,835,040.77 0.48 335 36.31 6.742 770 76.02
780 - 799 12 2,336,700.31 0.29 321 37.18 6.327 789 71.32
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
<= 20.00 317 $ 38,640,257.89 4.83% 350 15.31 7.587 609 74.09
20.01 - 25.00 353 46,487,484.99 5.81 346 23.27 7.429 611 74.87
25.01 - 30.00 517 69,599,651.93 8.70 347 28.19 7.525 607 77.86
30.01 - 35.00 719 99,448,842.93 12.43 350 33.20 7.440 609 77.76
35.01 - 40.00 873 122,746,355.28 15.34 351 38.07 7.540 603 77.10
40.01 - 45.00 957 137,694,670.90 17.21 351 43.02 7.517 610 78.15
45.01 - 50.00 1,467 222,237,945.36 27.78 352 48.14 7.463 611 79.18
50.01 - 55.00 443 63,210,580.65 7.90 354 53.16 8.286 548 73.50
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 651 $128,089,884.61 16.01% 355 39.76 7.059 604 71.26
Florida 713 88,928,605.36 11.12 350 40.81 7.597 596 78.06
New York 213 42,828,173.95 5.35 352 39.74 7.633 612 73.12
Maryland 249 40,628,039.62 5.08 353 39.20 7.558 602 78.21
Massachusetts 197 39,733,704.85 4.97 358 40.41 7.255 600 72.94
Ohio 335 37,650,605.59 4.71 352 38.50 7.563 595 82.99
Michigan 303 35,028,272.81 4.38 355 38.47 7.574 599 79.94
Texas 332 34,338,336.16 4.29 334 38.02 7.820 605 76.67
Illinois 235 33,718,603.46 4.21 352 40.21 8.191 603 79.65
Minnesota 173 24,709,357.85 3.09 350 38.89 7.607 598 78.99
Pennsylvania 203 24,003,060.27 3.00 339 39.01 7.499 606 78.26
Connecticut 134 22,831,595.15 2.85 352 41.70 7.497 612 79.47
Georgia 157 20,369,490.63 2.55 355 39.30 8.375 603 81.65
Rhode Island 97 17,265,441.30 2.16 355 40.72 7.133 602 76.11
Wisconsin 141 16,731,791.03 2.09 347 40.24 8.134 615 81.70
Washington 91 15,064,361.76 1.88 355 39.36 7.102 613 79.80
Indiana 142 14,748,514.79 1.84 346 36.78 7.676 603 81.57
Tennessee 131 13,778,041.42 1.72 340 38.35 7.896 602 82.28
Colorado 80 12,554,896.45 1.57 356 40.16 7.451 625 79.68
Arizona 99 12,517,397.02 1.56 358 38.94 7.587 602 80.06
Other 970 124,547,615.85 15.57 349 38.77 7.724 608 79.57
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
OCCUPATION MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 5,408 $769,156,021.93 96.14% 351 39.68 7.550 602 77.39
Non-owner Occupied 180 22,785,527.67 2.85 351 32.55 7.754 642 77.93
Second Home 58 8,124,240.33 1.02 346 40.99 7.602 641 81.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Docs 4,182 $586,122,967.43 73.26% 350 39.51 7.486 601 77.68
Stated Docs 637 93,938,845.32 11.74 354 39.16 7.884 629 74.63
Limited Docs 827 120,003,977.18 15.00 352 39.63 7.639 600 78.48
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 5,173 $739,720,282.07 92.46% 351 39.48 7.555 603 77.18
Refi-No Cashout *** 447 56,946,740.37 7.12 351 39.96 7.570 611 81.03
Purchase 26 3,398,767.49 0.42 358 32.52 7.429 644 76.22
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-----------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 296 $ 45,901,016.09 5.74% 340 38.14 6.597 734 78.92
7A 364 55,474,408.37 6.93 347 39.65 6.768 692 83.82
6A 317 48,986,309.68 6.12 347 38.21 6.720 670 81.92
5A 298 43,638,070.22 5.45 346 38.54 6.887 650 79.66
4A 427 63,739,283.52 7.97 349 38.85 7.102 632 80.21
3A 362 53,684,797.37 6.71 348 39.90 7.185 612 77.73
2A 1,306 186,732,152.47 23.34 352 38.52 7.471 587 79.25
A 372 53,533,011.82 6.69 355 38.18 7.882 579 77.22
B 1,051 137,336,903.31 17.17 354 41.38 8.431 550 75.04
C 788 103,520,801.80 12.94 355 41.13 8.268 547 69.93
D 65 7,519,035.28 0.94 349 38.80 9.034 532 58.02
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 4,877 $677,379,964.33 84.67% 350 39.45 7.583 601 77.84
Two-to-Four Family 252 50,368,022.05 6.30 353 40.62 7.325 630 73.29
Condominium 211 32,414,848.14 4.05 356 39.71 7.284 609 77.54
PUD Detached 149 22,838,598.29 2.85 351 39.02 7.547 604 78.19
Manufactured Housing 111 10,924,861.87 1.37 349 38.18 7.710 619 70.75
Single Family Attached 38 4,864,750.06 0.61 352 36.86 7.761 606 75.92
PUD Attached 8 1,274,745.19 0.16 346 37.08 7.033 677 81.92
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 1,724 $243,976,024.67 30.49% 351 39.15 7.890 607 78.08
12 142 25,488,718.08 3.19 348 40.36 7.187 619 73.93
24 3 298,823.12 0.04 358 38.17 9.442 615 80.75
30 15 3,103,049.68 0.39 359 36.09 8.124 600 82.60
36 3,762 527,199,174.38 65.89 351 39.62 7.415 602 77.29
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,646 $800,065,789.93 100.00% 351 39.49 7.556 604 77.45
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 277 $ 49,575,977.08 7.29% 352 37.98 5.915 672 78.99
12.000 - 12.499 394 67,344,662.86 9.90 354 38.17 6.268 634 76.22
12.500 - 12.999 857 137,779,894.65 20.26 355 38.99 6.769 617 79.09
13.000 - 13.499 511 78,314,823.20 11.52 354 39.77 7.264 590 77.34
13.500 - 13.999 1,089 153,100,639.74 22.51 355 40.36 7.777 575 76.30
14.000 - 14.499 434 57,078,467.68 8.39 356 40.64 8.259 571 77.37
14.500 - 14.999 636 75,592,002.29 11.12 354 40.16 8.749 567 77.58
15.000 - 15.499 186 20,031,862.09 2.95 352 41.77 9.247 568 78.25
15.500 - 15.999 222 23,495,295.01 3.45 356 40.22 9.736 561 79.01
16.000 - 16.499 61 6,091,647.91 0.90 357 41.06 10.255 572 79.69
16.500 - 16.999 90 9,187,032.83 1.35 352 40.34 10.740 573 77.98
17.000 - 17.499 16 1,338,298.08 0.20 359 33.98 11.200 562 74.81
17.500 - 17.999 11 861,932.17 0.13 359 34.84 11.671 570 73.45
18.000 - 18.499 2 139,862.97 0.02 307 34.72 12.407 578 73.84
18.500 - 18.999 2 131,968.63 0.02 357 34.84 12.600 558 75.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 277 $ 49,575,977.08 7.29% 352 37.98 5.915 672 78.99
6.000 - 6.499 394 67,344,662.86 9.90 354 38.17 6.268 634 76.22
6.500 - 6.999 857 137,779,894.65 20.26 355 38.99 6.769 617 79.09
7.000 - 7.499 511 78,314,823.20 11.52 354 39.77 7.264 590 77.34
7.500 - 7.999 1,089 153,100,639.74 22.51 355 40.36 7.777 575 76.30
8.000 - 8.499 434 57,078,467.68 8.39 356 40.64 8.259 571 77.37
8.500 - 8.999 636 75,592,002.29 11.12 354 40.16 8.749 567 77.58
9.000 - 9.499 186 20,031,862.09 2.95 352 41.77 9.247 568 78.25
9.500 - 9.999 222 23,495,295.01 3.45 356 40.22 9.736 561 79.01
10.000 - 10.499 61 6,091,647.91 0.90 357 41.06 10.255 572 79.69
10.500 - 10.999 90 9,187,032.83 1.35 352 40.34 10.740 573 77.98
11.000 - 11.499 16 1,338,298.08 0.20 359 33.98 11.200 562 74.81
11.500 - 11.999 11 861,932.17 0.13 359 34.84 11.671 570 73.45
12.000 - 12.499 2 139,862.97 0.02 307 34.72 12.407 578 73.84
12.500 - 12.999 2 131,968.63 0.02 357 34.84 12.600 558 75.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF GROSS MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
MARGINS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
3.000 - 3.249 2 $ 282,201.97 0.04% 280 43.18 5.976 719 51.12
3.250 - 3.499 2 218,522.24 0.03 359 44.16 6.634 704 59.75
3.500 - 3.749 1 98,123.98 0.01 359 36.00 7.990 707 90.00
3.750 - 3.999 1 84,304.10 0.01 179 33.00 5.800 728 90.00
4.500 - 4.749 18 2,846,051.20 0.42 359 37.66 6.238 738 84.02
4.750 - 4.999 175 27,189,641.04 4.00 352 38.69 6.607 726 85.42
5.000 - 5.249 236 36,549,512.86 5.37 356 40.06 6.720 690 85.51
5.250 - 5.499 230 35,178,801.63 5.17 354 38.47 6.597 667 81.90
5.500 - 5.749 224 33,173,759.20 4.88 355 39.03 6.738 646 79.95
5.750 - 5.999 431 65,700,155.88 9.66 353 38.47 7.004 618 80.60
6.000 - 6.249 1,369 197,968,520.60 29.11 354 38.82 7.394 592 78.97
6.250 - 6.499 407 57,711,982.63 8.49 355 39.00 7.863 570 76.72
6.500 - 6.749 982 129,460,967.01 19.04 355 41.47 8.380 550 74.56
6.750 - 6.999 710 93,601,822.85 13.76 355 40.93 8.311 546 69.43
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
NEXT RATE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
ADJUSTMENT DATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2006-03 46 $ 6,573,297.73 0.97% 350 39.63 7.195 591 82.44
2006-04 112 16,889,444.93 2.48 354 39.45 7.772 586 79.73
2006-05 8 1,268,407.15 0.19 356 36.53 7.570 568 73.12
2006-06 64 7,264,141.09 1.07 353 39.60 7.570 578 81.67
2006-07 750 104,170,909.64 15.32 354 39.72 7.424 595 78.42
2006-08 3,609 519,226,643.65 76.35 355 39.70 7.577 598 77.11
2006-09 199 24,671,523.00 3.63 352 38.51 7.833 589 80.74
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $ 680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
INITIAL PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2.000 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
1.000 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,788 $680,064,367.19 100.00% 355 39.65 7.564 596 77.60
------------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 744 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $199,933,913.57, after application of scheduled
payments due on or before the Cut-off Date whether or not received and
application of all unscheduled payments of principal received prior to the
Cut-off Date. None of the Group II Mortgage Loans had a first Due Date prior to
April 1, 2004 or after October 1, 2004, or will have a remaining term to stated
maturity of less than 114 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group II Collateral Selection Date
Mortgage Loan is September 1, 2034.
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 637 $169,937,734.49 85.00% 356 39.96 7.295 615 78.17
FIXED 107 29,996,179.08 15.00 345 37.62 7.137 664 77.68
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.00 - 100,000.00 185 $ 14,105,372.00 7.05% 343 36.45 8.963 579 75.10
100,000.01 - 150,000.00 112 13,818,125.00 6.90 350 39.65 8.399 592 77.46
150,000.01 - 200,000.00 58 10,119,634.00 5.05 352 40.06 8.130 589 78.56
200,000.01 - 250,000.00 23 5,083,345.00 2.54 348 41.56 8.128 614 80.92
250,000.01 - 300,000.00 14 3,728,415.00 1.86 359 41.31 8.184 602 80.05
300,000.01 - 350,000.00 53 17,955,362.00 8.97 358 41.70 7.222 603 76.44
350,000.01 - 400,000.00 105 39,526,823.00 19.74 356 40.78 7.121 615 79.23
400,000.01 - 450,000.00 68 28,911,834.00 14.44 356 39.70 6.844 635 78.37
450,000.01 - 500,000.00 46 21,893,655.00 10.93 359 38.04 6.732 645 78.46
500,000.01 - 550,000.00 41 21,749,350.00 10.86 351 38.27 6.847 649 80.51
550,000.01 - 600,000.00 37 21,656,719.00 10.82 355 39.88 6.613 646 76.16
600,000.01 - 650,000.00 1 648,000.00 0.32 360 26.00 6.400 610 81.00
1,000,000.00 >= 1 1,021,000.00 0.51 358 43.00 6.250 742 60.06
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $200,217,634.00 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
RANGE OF PRINCIPAL BALANCES NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
AS OF THE MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CUT-OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 185 $ 14,087,529.11 7.05% 343 36.45 8.964 579 75.10
100,000.01 - 150,000.00 112 13,802,353.71 6.90 350 39.65 8.400 592 77.46
150,000.01 - 200,000.00 58 10,110,293.58 5.06 352 40.06 8.131 589 78.56
200,000.01 - 250,000.00 23 5,077,174.48 2.54 348 41.57 8.128 614 80.92
250,000.01 - 300,000.00 14 3,724,668.80 1.86 359 41.31 8.185 602 80.05
300,000.01 - 350,000.00 53 17,930,482.14 8.97 358 41.70 7.223 603 76.44
350,000.01 - 400,000.00 106 39,854,724.99 19.93 356 40.78 7.116 615 79.34
400,000.01 - 450,000.00 67 28,466,254.40 14.24 356 39.69 6.848 635 78.20
450,000.01 - 500,000.00 46 21,864,833.64 10.94 359 38.04 6.732 645 78.47
500,000.01 - 550,000.00 41 21,719,905.99 10.86 351 38.28 6.848 649 80.51
550,000.01 - 600,000.00 37 21,628,635.32 10.82 355 39.88 6.613 646 76.17
600,000.01 - 650,000.00 1 648,000.00 0.32 360 26.00 6.400 610 81.00
1,000,000.01 >= 1 1,019,057.41 0.51 358 43.00 6.250 742 60.06
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
61 - 120 1 $ 58,068.03 0.03% 114 28.00 8.650 581 84.51
121 - 180 19 2,952,041.04 1.48 178 25.45 7.302 649 74.21
181 - 240 15 2,760,597.73 1.38 238 30.45 7.671 627 77.44
241 - 300 1 71,136.06 0.04 299 37.00 9.350 688 94.99
301 - 360 708 194,092,070.71 97.08 359 39.96 7.264 622 78.16
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
MORTGAGE RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 59 $25,225,004.10 12.62% 351 38.78 5.898 679 78.71
6.000 - 6.499 86 35,353,204.92 17.68 356 36.61 6.247 648 77.76
6.500 - 6.999 125 45,542,256.11 22.78 353 40.12 6.757 637 78.91
7.000 - 7.499 67 20,112,679.29 10.06 354 39.49 7.285 603 76.06
7.500 - 7.999 145 35,932,810.16 17.97 357 40.65 7.716 594 77.38
8.000 - 8.499 27 5,366,846.83 2.68 358 42.50 8.214 568 77.08
8.500 - 8.999 49 10,416,332.22 5.21 355 41.55 8.697 580 80.78
9.000 - 9.499 49 5,485,566.16 2.74 356 42.52 9.261 575 74.80
9.500 - 9.999 80 10,208,915.41 5.11 351 41.42 9.740 591 80.62
10.000 - 10.499 17 1,876,796.98 0.94 340 41.88 10.284 542 72.17
10.500 - 10.999 29 3,284,757.00 1.64 340 37.88 10.732 581 79.87
11.000 - 11.499 8 758,122.76 0.38 359 39.13 11.230 578 80.48
11.500 - 11.999 1 89,942.18 0.04 358 44.00 11.500 559 93.75
12.000 - 12.499 1 80,728.39 0.04 359 39.00 12.300 593 85.00
12.500 - 12.999 1 199,951.06 0.10 359 44.00 12.700 569 68.97
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
<= 25.00 2 $ 149,808.43 0.07% 357 24.60 9.294 555 21.92
25.01 - 30.00 2 196,005.17 0.10 359 20.72 6.853 645 28.76
30.01 - 35.00 3 590,320.95 0.30 358 41.71 6.285 657 32.51
35.01 - 40.00 6 789,146.86 0.39 344 44.05 7.722 553 36.68
40.01 - 45.00 2 446,139.58 0.22 359 42.26 7.081 599 43.78
45.01 - 50.00 6 1,073,545.25 0.54 358 38.56 7.635 656 49.32
50.01 - 55.00 12 3,328,594.59 1.66 325 36.24 7.001 606 53.48
55.01 - 60.00 24 7,270,104.28 3.64 354 43.77 7.646 592 57.48
60.01 - 65.00 43 11,197,079.51 5.60 356 39.68 7.274 629 62.73
65.01 - 70.00 54 15,063,116.39 7.53 351 36.79 7.314 612 67.94
70.01 - 75.00 140 30,709,760.21 15.36 355 38.57 7.529 593 73.45
75.01 - 80.00 119 32,806,532.33 16.41 355 40.26 7.006 628 78.56
80.01 - 85.00 160 46,492,919.98 23.25 357 40.99 7.082 618 83.42
85.01 - 90.00 160 47,193,976.51 23.60 353 38.85 7.427 645 89.18
90.01 - 95.00 11 2,626,863.53 1.31 357 42.05 7.037 701 92.56
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500 - 519 30 $ 5,136,935.10 2.57% 358 42.49 8.641 508 70.69
520 - 539 55 9,382,716.35 4.69 358 41.63 8.172 530 71.01
540 - 559 95 18,095,182.28 9.05 354 41.86 8.114 551 73.56
560 - 579 102 22,200,948.03 11.10 355 41.52 8.004 568 76.49
580 - 599 86 19,219,778.00 9.61 357 39.65 7.659 589 77.24
600 - 619 82 21,919,359.05 10.96 356 38.13 7.229 610 79.92
620 - 639 87 26,623,064.35 13.32 352 39.75 7.262 629 81.48
640 - 659 69 24,305,414.80 12.16 350 36.79 6.720 649 80.12
660 - 679 55 21,214,699.06 10.61 357 37.94 6.572 670 80.06
680 - 699 31 10,776,079.79 5.39 358 40.68 6.471 689 78.60
700 - 719 18 6,936,942.78 3.47 358 40.44 6.328 706 79.23
720 - 739 19 7,733,498.26 3.87 338 37.57 6.657 730 76.81
740 - 759 11 4,792,829.18 2.40 353 41.20 6.181 749 78.66
760 - 779 1 341,309.42 0.17 358 28.00 6.750 778 90.00
780 - 799 3 1,255,157.12 0.63 359 47.98 7.403 782 84.67
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
<= 20.00 51 $ 13,397,183.57 6.70% 334 12.90 7.073 634 77.11
20.01 - 25.00 42 8,973,085.42 4.49 345 23.23 7.261 617 77.80
25.01 - 30.00 65 17,143,017.69 8.57 354 28.23 6.920 633 79.15
30.01 - 35.00 84 20,871,985.99 10.44 352 33.08 7.152 622 76.66
35.01 - 40.00 102 25,552,119.12 12.78 358 38.06 7.322 607 79.40
40.01 - 45.00 134 37,579,557.28 18.80 359 43.24 7.453 626 77.03
45.01 - 50.00 204 61,504,947.66 30.76 356 48.28 7.154 632 79.34
50.01 - 55.00 62 14,912,016.84 7.46 357 53.48 7.959 576 75.33
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
STATE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 171 $ 73,503,936.34 36.76% 357 39.17 6.738 635 78.40
New York 48 17,189,479.97 8.60 358 41.06 7.235 638 74.62
Florida 74 16,321,760.92 8.16 346 38.57 7.425 609 80.25
Massachusetts 27 9,272,863.60 4.64 351 43.08 7.338 623 75.54
Maryland 28 8,359,255.76 4.18 355 41.18 7.394 621 78.25
Illinois 35 7,035,575.98 3.52 355 41.46 8.899 606 78.67
Connecticut 21 6,030,230.68 3.02 358 39.84 7.479 604 79.36
Minnesota 18 5,343,786.95 2.67 340 27.87 6.761 639 73.79
Texas 44 5,130,759.76 2.57 340 41.20 8.570 590 75.66
Washington 15 4,786,640.60 2.39 359 38.89 7.485 597 78.99
Georgia 28 4,741,626.13 2.37 354 38.00 8.338 605 81.23
Pennsylvania 20 4,127,534.97 2.06 352 35.65 7.475 620 76.47
Michigan 28 3,773,195.24 1.89 359 38.93 7.814 601 80.94
Wisconsin 20 3,477,657.25 1.74 358 43.29 8.694 575 82.07
Rhode Island 13 3,331,332.01 1.67 358 45.31 6.464 633 69.75
Nevada 7 3,029,462.81 1.52 359 41.85 7.166 623 78.16
Arizona 11 2,478,981.09 1.24 357 43.22 7.388 605 82.67
Alabama 17 2,356,531.79 1.18 352 40.58 8.867 581 76.43
Indiana 14 2,333,866.05 1.17 355 36.56 7.202 617 82.28
Ohio 17 2,012,303.60 1.01 353 32.73 7.186 597 80.13
Other 88 15,297,132.07 7.65 348 40.98 7.555 616 79.31
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TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
OCCUPATION MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 718 $194,266,547.98 97.17% 354 39.69 7.251 622 78.05
Non-owner Occupied 19 3,616,762.88 1.81 347 36.30 7.973 650 76.16
Second Home 7 2,050,602.71 1.03 359 38.09 7.915 621 85.94
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TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
-----------------------------------------------------------------------------------------------------------------------------------
DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Docs 514 $134,519,188.26 67.28% 354 39.06 7.171 617 78.69
Stated Docs 125 38,416,458.24 19.21 357 41.95 7.486 638 75.08
Limited Docs 105 26,998,267.07 13.50 349 39.04 7.462 626 79.47
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 700 $189,577,452.63 94.82% 354 39.53 7.248 621 77.98
Refi-No Cashout *** 39 8,635,975.01 4.32 358 40.48 7.517 626 78.52
Purchase 5 1,720,485.93 0.86 359 44.16 8.565 686 89.58
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-----------------------------------------------------------------------------------------------------------------------------------
CREDIT GRADE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 39 $ 16,072,059.08 8.04% 347 39.13 6.514 738 78.81
7A 43 15,573,623.59 7.79 358 41.13 6.441 693 78.55
6A 50 20,018,601.24 10.01 357 38.78 6.507 670 79.75
5A 59 22,535,424.73 11.27 350 36.86 6.646 649 79.99
4A 56 20,331,830.30 10.17 353 39.41 7.164 630 82.27
3A 58 16,585,109.55 8.30 356 39.21 7.047 612 79.80
2A 166 40,316,526.43 20.16 354 39.27 7.426 588 78.74
A 54 10,538,509.74 5.27 354 40.45 7.909 579 76.48
B 114 20,588,230.73 10.30 358 41.52 8.412 556 74.77
C 101 16,697,323.07 8.35 355 41.85 8.663 545 70.11
D 4 676,675.11 0.34 304 43.10 8.182 526 57.55
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TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family
Detached 647 $ 174,005,580.17 87.03% 354 39.59 7.245 620 77.77
Condominium 33 9,617,660.09 4.81 358 36.43 7.600 626 84.87
Two-to-Four Family 29 7,923,974.50 3.96 354 42.23 7.381 655 76.49
PUD Detached 24 7,332,791.93 3.67 356 41.67 7.150 641 79.79
Manufactured Housing 8 733,328.13 0.37 348 40.05 8.849 591 70.03
Single Family
Attached 3 320,578.75 0.16 359 36.16 7.876 619 74.16
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $ 199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 273 $ 66,991,037.67 33.51% 355 40.22 7.828 620 77.25
12 22 7,669,656.62 3.84 358 42.79 6.680 657 68.82
24 5 1,730,025.08 0.87 359 34.03 6.644 599 80.18
30 1 160,598.09 0.08 359 29.00 11.450 590 85.00
36 443 123,382,596.11 61.71 353 39.18 7.008 621 79.10
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE BALANCE AS OF MATURITY INCOME RATES OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 397 $ 48,376,245.84 24.20% 349 39.14 8.431 591 77.51
Non-Conforming Balance 347 151,557,667.73 75.80 356 39.76 6.901 632 78.29
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 744 $199,933,913.57 100.00% 354 39.61 7.271 622 78.10
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MAXIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.500 - 11.999 53 $ 22,373,400.23 13.17% 354 39.14 5.900 675 78.98
12.000 - 12.499 75 30,307,118.46 17.83 357 36.55 6.243 637 78.36
12.500 - 12.999 100 35,307,877.98 20.78 354 41.65 6.756 624 78.74
13.000 - 13.499 56 17,398,547.23 10.24 359 39.11 7.283 595 76.19
13.500 - 13.999 124 30,423,470.84 17.90 357 40.84 7.725 589 77.29
14.000 - 14.499 25 4,861,170.22 2.86 359 41.93 8.215 565 76.25
14.500 - 14.999 44 9,702,373.66 5.71 359 41.79 8.681 581 80.52
15.000 - 15.499 42 4,754,664.39 2.80 357 42.62 9.263 573 74.28
15.500 - 15.999 69 9,221,162.98 5.43 358 41.60 9.741 592 81.13
16.000 - 16.499 14 1,591,216.62 0.94 337 40.48 10.282 541 71.60
16.500 - 16.999 25 2,957,929.67 1.74 338 38.26 10.725 583 80.02
17.000 - 17.499 8 758,122.76 0.45 359 39.13 11.230 578 80.48
18.000 - 18.499 1 80,728.39 0.05 359 39.00 12.300 593 85.00
18.500 - 18.999 1 199,951.06 0.12 359 44.00 12.700 569 68.97
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF MINIMUM MORTGAGE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATES (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.500 - 5.999 53 $ 22,373,400.23 13.17% 354 39.14 5.900 675 78.98
6.000 - 6.499 75 30,307,118.46 17.83 357 36.55 6.243 637 78.36
6.500 - 6.999 100 35,307,877.98 20.78 354 41.65 6.756 624 78.74
7.000 - 7.499 56 17,398,547.23 10.24 359 39.11 7.283 595 76.19
7.500 - 7.999 124 30,423,470.84 17.90 357 40.84 7.725 589 77.29
8.000 - 8.499 25 4,861,170.22 2.86 359 41.93 8.215 565 76.25
8.500 - 8.999 44 9,702,373.66 5.71 359 41.79 8.681 581 80.52
9.000 - 9.499 42 4,754,664.39 2.80 357 42.62 9.263 573 74.28
9.500 - 9.999 69 9,221,162.98 5.43 358 41.60 9.741 592 81.13
10.000 - 10.499 14 1,591,216.62 0.94 337 40.48 10.282 541 71.60
10.500 - 10.999 25 2,957,929.67 1.74 338 38.26 10.725 583 80.02
11.000 - 11.499 8 758,122.76 0.45 359 39.13 11.230 578 80.48
12.000 - 12.499 1 80,728.39 0.05 359 39.00 12.300 593 85.00
12.500 - 12.999 1 199,951.06 0.12 359 44.00 12.700 569 68.97
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
RANGE OF GROSS MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
MARGINS (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
3.750 - 3.999 1 $ 97,953.94 0.06% 358 30.00 7.500 637 90.00
4.250 - 4.499 1 466,397.54 0.27 359 35.00 5.750 680 71.83
4.500 - 4.749 1 160,334.01 0.09 359 41.00 5.800 722 32.10
4.750 - 4.999 24 9,165,838.53 5.39 355 43.69 6.573 734 81.67
5.000 - 5.249 33 11,594,970.79 6.82 359 38.75 6.519 689 78.58
5.250 - 5.499 44 17,972,436.18 10.58 359 39.49 6.338 666 80.33
5.500 - 5.749 44 16,703,506.69 9.83 352 39.08 6.681 648 82.37
5.750 - 5.999 64 22,387,942.80 13.17 355 39.41 7.055 616 79.95
6.000 - 6.249 179 46,469,109.53 27.34 355 39.11 7.336 595 79.22
6.250 - 6.499 47 10,277,111.45 6.05 357 41.12 7.811 575 75.39
6.500 - 6.749 107 19,384,976.31 11.41 358 40.96 8.394 555 75.06
6.750 - 6.999 92 15,257,156.72 8.98 354 41.77 8.656 546 69.27
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
NEXT RATE MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
ADJUSTMENT DATE LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2006-03 2 $ 586,994.50 0.35% 354 36.45 7.189 563 82.49
2006-04 18 4,080,569.25 2.40 348 37.01 7.890 589 75.74
2006-06 7 961,861.20 0.57 347 43.25 7.117 565 77.13
2006-07 92 26,803,844.23 15.77 356 39.74 7.161 614 79.13
2006-08 495 132,822,350.31 78.16 356 40.06 7.288 617 78.02
2006-09 23 4,682,115.00 2.76 358 40.91 7.771 595 78.72
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
INITIAL PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
2.000 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL
BALANCE OF
ADJUSTABLE RATE REMAINING
NUMBER OF MORTGAGE LOANS % OF PRINCIPAL TERM TO DEBT-TO- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES OLTV
RATE CAP (%) LOANS THE CUT-OFF DATE THE CUT-OFF DATE (MONTHS) (%) (%) FICO (%)
------------------------------------------------------------------------------------------------------------------------------------
1.000 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 637 $169,937,734.49 100.00% 356 39.96 7.295 615 78.17
------------------------------------------------------------------------------------------------------------------------------------
