EXHIBIT 99.2
The mortgage loans delivered to the Trust Fund on the Closing Date (the
"Initial Mortgage Loans") and the mortgage loans delivered to the Trust Fund on
the Subsequent Transfer Date (the "Subsequent Mortgage Loans" and together with
the Initial Mortgage Loans, the Mortgage Loans" will consist of conventional,
one-to four- family, adjustable-rate and fixed-rate mortgage loans. The
Depositor purchased the Initial Mortgage Loans from the Seller pursuant to the
Mortgage Loan Purchase Agreement, dated November 24, 2004 (the " Mortgage Loan
Purchase Agreement"), between the Seller and the Depositor. Pursuant to the
Pooling and Servicing Agreement, to be dated as of the Cut-off Date (the
"Pooling and Servicing Agreement"), among the Depositor, the Master Servicer,
the Trustee, the Depositor will cause the Initial Mortgage Loans to be assigned
to the Trustee for the benefit of the certificateholders.
The Mortgage Loans included in loan group I, loan group II and loan
group III are expected to have aggregate principal balances as of the Cut-off
Date of approximately $2,356,427,256, $666,645,197 and $1,276,926,965,
respectively.
Subsequent Group I Mortgage Loans (the "Subsequent Group I Mortgage
Loans"), subsequent Group II Mortgage Loans (the "Subsequent Group II Mortgage
Loans") and subsequent Group III Mortgage Loans (the "Subsequent Group III
Mortgage Loans"; together with the Subsequent Group I Mortgage Loans and the
Subsequent Group II Mortgage Loans, the "Subsequent Mortgage Loans") are
intended to be purchased by the Trust Fund from the Depositor from time to time
on or before the 90th day following the Closing Date from funds on deposit in
the Pre-Funding Accounts. The Subsequent Mortgage Loans, if available, will be
purchased by the Depositor and sold by the Depositor to the Trust for deposit in
the mortgage pool. The Pooling and Servicing Agreement will provide that each
Mortgage Loan in the mortgage pool must conform to certain specified
characteristics and following the conveyance of the Subsequent Mortgage Loans,
the mortgage pool must conform to certain specified characteristics, as
described below under "--Conveyance of Subsequent Mortgage Loans and Pre-Funding
Accounts."
The Mortgage Loans will be secured by mortgages or deeds of trust or
other similar security instruments creating first liens and second liens on
residential properties (the "Mortgaged Properties") consisting of attached,
detached or semi-detached one-to four-family dwelling units, individual
condominium units or individual units in planned unit developments and
manufactured housing. The Mortgage Loans will have original terms to maturity of
not greater than 30 years from the date on which the first payment was due on
each Mortgage Loan. Approximately 1.54% of the Group I Initial Mortgage Loans,
approximately 0.71% of the Group II Initial Mortgage Loans and approximately
0.99% of the Group III Initial Mortgage Loans are secured by second liens, in
each case by aggregate scheduled principal balance of the related loan group as
of the Cut-off Date.
Each adjustable-rate Mortgage Loan will accrue interest at the
adjustable-rate calculated as specified under the terms of the related mortgage
note and each fixed-rate Mortgage Loan will have a Mortgage Rate that is fixed
for the life of such Mortgage (each such rate, a "Mortgage Rate").
Approximately 93.01% and 6.99% of the Initial Mortgage Loans, in each
case, by aggregate scheduled principal balance as of the Cut-off Date, were
originated or acquired by the Seller's wholesale lending affiliates, Argent
Mortgage Company, LLC ("Argent") and Olympus Mortgage Company ("Olympus"),
respectively.
Each adjustable-rate Mortgage Loan will accrue interest at a
Mortgage Rate that is adjustable. The adjustable-rate Mortgage Loans will
provide for semi-annual adjustment to the Mortgage Rate thereon and for
corresponding adjustments to the monthly payment amount due thereon, in each
case on each adjustment date applicable thereto (each such date, an " Adjustment
Date"); provided, that the first adjustment for approximately 72.55% of the
adjustable-rate Group I Mortgage Loans, approximately 76.92% of the
adjustable-rate Group II Mortgage Loans and approximately 73.74% of the
adjustable-rate Group III Mortgage Loans, in each case by aggregate scheduled
principal balance of the adjustable-rate Mortgage Loans in the related loan
group as of the Cut-off Date, will occur after an initial period of two years
after origination, and the first adjustment for approximately 27.45% of the
adjustable-rate Group I Initial Mortgage Loans, approximately 23.08% of the
adjustable-rate Group II Initial Mortgage Loans and approximately 26.26% of the
adjustable-rate Group III Initial Mortgage Loans, in each case by aggregate
scheduled principal balance of the adjustable-rate Mortgage Loans in the related
loan group as of the Cut-off Date, will occur after an initial period of three
years after origination. On each Adjustment Date for each adjustable-rate
Mortgage Loan, the Mortgage Rate thereon will be adjusted (subject to rounding)
to equal the sum of the applicable Index (as defined below) and a fixed
percentage amount (the "Gross Margin"). The Mortgage Rate on each
adjustable-rate Mortgage Loan will not decrease on the first related Adjustment
Date, will not increase by more than 2.000% 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 will be divided into three loan groups,
designated as the "Group I Mortgage Loans," the "Group II Mortgage Loans" and
the "Group III Mortgage Loans." The Group I Mortgage Loans will consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that conform to Xxxxxx Xxx loan limits, the Group II Mortgage Loans
will consist of adjustable-rate and fixed-rate mortgage loans with principal
balances at origination that conform to Freddie Mac loan limits and the Group
III Mortgage Loans will consist of adjustable-rate and fixed-rate mortgage loans
with principal balances at origination that may or may not conform to Freddie
Mac or Xxxxxx Xxx loan limits.
Approximately 69.73% of the Group I Initial Mortgage Loans,
approximately 75.43% of the Group II Initial Mortgage Loans and approximately
71.14% of the Group III Initial 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. As of
July 1, 2003, the Alternative Mortgage Parity Act of 1982 (the "Parity Act"),
which regulates the ability of the Originators to impose prepayment charges, was
amended, and as a result, the Originators will be required to comply with state
and local laws in originating mortgage loans with prepayment charge provisions
with respect to loans originated on or after July 1, 2003. The Depositor makes
no representations as to the effect that the prepayment charges, decisions by
the Master Servicer with respect to the waiver thereof and the recent amendment
of the Parity Act, may have on the prepayment performance of the Mortgage Loans.
However, the ruling of the Office of Thrift Supervision (the "OTS") does not
retroactively affect loans originated before July 1, 2003. See "Legal Aspects of
Mortgage Assets--Enforceability of Certain Provisions--Prepayment Charges" in
the prospectus.
COLLATERAL TYPE
--------------------------------------------------------------------------------------------------------------------------------
REMAINING
TERM TO DEBT-TO-
PCT OF MATURITY INCOME MORTGAGE
PROGRAM COUNT SCHED BALANCE SCHED BAL. (months) (%) RATES FICO LTV
--------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 14,620 $2,531,300,031.23 58.87 359 39.12 7.396 602 83.60
3 YEAR ARMS 4,878 908,900,943.57 21.14 359 38.79 7.271 613 83.81
FIXED 5,870 859,798,443.47 20.00 351 38.57 6.961 633 79.87
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO OLTV(%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 974 $ 35,751,701.00 0.83 349 36.48 10.376 640 32.94
50,000.01 - 100,000.00 6,927 518,563,636.00 12.06 355 36.06 8.086 603 79.46
100,000.01 - 150,000.00 5,967 741,183,994.00 17.23 357 37.78 7.497 604 83.29
150,000.01 - 200,000.00 3,976 691,133,488.00 16.07 358 39.40 7.329 606 82.45
200,000.01 - 250,000.00 2,597 582,473,798.00 13.54 358 39.49 7.153 607 82.32
250,000.01 - 300,000.00 1,832 501,965,628.00 11.67 359 40.17 7.072 613 82.39
300,000.01 - 350,000.00 1,245 402,832,426.00 9.37 359 40.44 6.942 614 82.88
350,000.01 - 400,000.00 750 281,284,179.00 6.54 360 40.43 6.910 620 83.78
400,000.01 - 450,000.00 441 187,329,413.00 4.36 359 40.15 6.908 625 84.49
450,000.01 - 500,000.00 308 147,538,450.00 3.43 358 39.16 6.886 623 82.84
500,000.01 - 550,000.00 108 56,973,465.00 1.32 357 39.29 6.439 625 81.83
550,000.01 - 600,000.00 107 61,597,143.00 1.43 358 39.45 6.502 623 80.84
600,000.01 - 650,000.00 58 36,513,401.00 0.85 357 36.29 6.492 616 79.22
650,000.01 - 700,000.00 31 21,027,152.00 0.49 360 39.65 6.544 617 78.16
700,000.01 - 750,000.00 47 34,774,930.00 0.81 357 37.07 6.595 613 76.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,300,942,804.00 100.00 358 38.94 7.283 610 81.90
--------------------------------------------------------------------------------------------------------------------------------
* Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 974 $ 35,733,223.74 0.83 349 36.49 10.376 640 90.83
50,000.01 - 100,000.00 6,927 518,424,293.37 12.06 355 36.06 8.086 603 83.73
100,000.01 - 150,000.00 5,968 741,189,935.07 17.24 357 37.78 7.497 604 83.30
150,000.01 - 200,000.00 3,975 690,871,242.35 16.07 358 39.40 7.329 606 82.45
200,000.01 - 250,000.00 2,598 582,601,712.39 13.55 358 39.49 7.152 607 82.32
250,000.01 - 300,000.00 1,833 502,192,709.05 11.68 359 40.18 7.074 612 82.38
300,000.01 - 350,000.00 1,244 402,485,686.73 9.36 359 40.43 6.939 614 82.89
350,000.01 - 400,000.00 749 280,863,175.19 6.53 360 40.43 6.912 620 83.78
400,000.01 - 450,000.00 441 187,277,504.66 4.36 359 40.15 6.908 625 84.49
450,000.01 - 500,000.00 308 147,503,808.37 3.43 358 39.16 6.886 623 82.84
500,000.01 - 550,000.00 108 56,966,411.74 1.32 357 39.29 6.439 625 81.83
550,000.01 - 600,000.00 107 61,586,573.00 1.43 358 39.45 6.502 623 80.84
600,000.01 - 650,000.00 59 37,159,115.89 0.86 357 36.39 6.483 616 79.23
650,000.01 - 700,000.00 30 20,374,365.96 0.47 360 39.58 6.562 617 78.10
700,000.01 - 750,000.00 47 34,769,660.76 0.81 357 37.07 6.595 613 76.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
REMAINING TERM TO MATURITY
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
120 - 180 260 $ 26,772,037.11 00.62 180 37.04 7.111 619 76.50
181 - 240 241 28,958,021.22 00.67 240 38.78 7.101 629 77.81
301 - 360 24,867 4,244,269,359.94 98.70 360 38.95 7.285 610 82.97
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 465 $ 121,533,604.52 2.83 358 37.94 5.337 649 76.18
5.500 - 5.999 2,170 544,901,930.59 12.67 357 38.79 5.753 640 76.63
6.000 - 6.499 2,399 501,768,781.59 11.67 357 39.40 6.248 627 79.78
6.500 - 6.999 3,959 756,925,874.13 17.6 357 39.37 6.745 616 82.04
7.000 - 7.499 3,454 582,744,539.39 13.55 358 39.11 7.233 609 84.31
7.500 - 7.999 4,515 731,769,202.61 17.02 358 38.74 7.736 599 85.58
8.000 - 8.499 2,759 410,256,751.18 9.54 358 38.81 8.222 593 86.65
8.500 - 8.999 2,417 335,569,757.73 7.80 358 38.32 8.715 586 86.54
9.000 - 9.499 1,100 138,040,923.67 3.21 359 38.33 9.208 576 86.04
9.500 - 9.999 612 73,390,031.59 1.71 359 38.77 9.701 568 83.81
10.000 - 10.499 262 29,371,041.16 0.68 359 39.58 10.217 553 77.80
10.500 - 10.999 375 26,866,092.77 0.62 357 40.18 10.735 598 84.75
11.000 - 11.499 327 18,871,704.40 0.44 352 39.04 11.204 628 92.73
11.500 - 11.999 231 12,317,783.13 0.29 351 39.89 11.696 607 90.18
12.000 - 12.499 253 12,668,059.90 0.29 354 38.71 12.219 621 97.25
12.500 - 12.999 70 3,003,339.91 0.07 354 35.77 12.605 624 97.55
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 25.00 39 $ 3,925,177.63 0.09 353 38.09 6.859 601 20.15
25.01 - 30.00 29 3,314,629.34 0.08 349 37.68 7.055 587 28.51
30.01 - 35.00 47 5,198,163.08 0.12 357 36.05 7.001 591 32.99
35.01 - 40.00 77 11,043,771.35 0.26 344 36.37 6.558 608 37.84
40.01 - 45.00 126 18,586,482.87 0.43 357 35.93 6.703 598 42.92
45.01 - 50.00 160 24,704,439.24 0.57 351 36.83 6.871 597 47.97
50.01 - 55.00 235 38,315,370.34 0.89 353 38.84 6.919 589 52.85
55.01 - 60.00 449 83,680,953.50 1.95 355 39.80 6.758 598 57.88
60.01 - 65.00 782 151,515,195.21 3.52 357 39.45 6.931 591 63.41
65.01 - 70.00 1,140 209,915,062.70 4.88 356 39.55 7.160 583 68.71
70.01 - 75.00 1,816 343,643,425.58 7.99 358 39.91 7.096 585 73.96
75.01 - 80.00 5,684 998,582,933.43 23.22 358 38.80 6.865 618 79.57
80.01 - 85.00 2,906 506,374,258.13 11.78 359 38.77 7.071 599 84.38
85.01 - 90.00 6,524 1,092,862,178.93 25.42 358 38.33 7.519 608 89.70
90.01 - 95.00 3,875 700,479,028.78 16.29 359 39.76 7.596 633 94.80
95.01 - 100.00 1,479 107,858,348.16 2.51 356 37.73 9.892 661 99.97
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94% 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
500 - 519 1,385 $ 221,002,473.49 5.14 359 41.85 8.213 510 77.12
520 - 539 2,013 328,175,137.00 7.63 359 40.30 7.957 530 78.50
540 - 559 2,599 419,648,924.77 9.76 359 39.49 7.654 550 80.56
560 - 579 2,468 418,937,044.03 9.74 358 39.65 7.501 570 81.02
580 - 599 2,684 457,368,456.60 10.64 358 39.28 7.261 589 82.81
600 - 619 3,340 568,545,721.28 13.22 357 38.88 7.135 610 84.76
620 - 639 3,791 633,528,109.17 14.73 357 39.01 7.099 629 84.47
640 - 659 2,441 424,007,308.13 9.86 357 38.07 6.994 649 85.16
660 - 679 1,669 290,151,137.45 6.75 357 37.65 6.958 669 85.17
680 - 699 1,245 216,498,618.10 5.03 357 37.28 6.868 689 84.75
700 - 719 760 139,836,868.67 3.25 358 37.01 6.798 709 83.94
720 - 739 479 86,784,691.66 2.02 359 36.69 6.848 729 85.68
740 - 759 286 55,557,741.65 1.29 357 37.06 6.835 749 85.23
760 - 779 147 28,342,334.11 0.66 359 35.66 6.607 768 81.31
780 - 799 53 10,448,144.25 0.24 357 37.48 6.782 786 81.95
800 - 819 6 946,860.42 0.02 360 31.53 6.257 804 88.12
860 - 879 2 219,847.49 0.01 359 43.00 7.990 877 84.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
INCOME RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 20.00 1,491 $ 222,758,835.30 5.18 357 14.47 7.305 624 82.17
20.01 - 25.00 1,461 202,550,165.77 4.71 357 23.21 7.332 613 82.21
25.01 - 30.00 2,272 329,493,137.96 7.66 357 28.21 7.320 614 82.04
30.01 - 35.00 3,395 536,014,537.50 12.47 358 33.12 7.276 614 82.40
35.01 - 40.00 4,531 763,081,330.42 17.75 358 38.14 7.274 615 83.48
40.01 - 45.00 6,162 1,084,723,593.70 25.23 358 43.11 7.277 616 83.86
45.01 - 50.00 5,331 1,015,820,578.68 23.62 358 48.13 7.270 599 84.38
50.01 - 55.00 725 145,557,238.94 3.39 358 52.96 7.311 573 68.19
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
California 4,885 $1,278,982,380.28 29.74 358 40.15 6.745 613 78.57
Florida 2,795 419,886,904.50 9.76 358 38.91 7.424 610 84.29
Illinois 2,117 344,959,302.61 8.02 359 39.53 7.610 620 85.98
New York 917 260,631,473.29 6.06 359 39.35 7.333 617 84.12
Michigan 1,467 160,030,280.69 3.72 359 38.28 7.822 597 85.51
Arizona 1,305 159,965,433.33 3.72 355 37.04 7.438 612 86.03
New Jersey 630 145,220,467.15 3.38 358 38.55 7.317 614 83.41
Maryland 699 130,792,969.47 3.04 359 38.83 7.270 603 82.89
Nevada 604 117,181,788.73 2.73 359 38.77 7.355 610 81.72
Texas 1,004 117,036,457.41 2.72 352 36.00 7.932 598 85.18
Ohio 1,056 104,241,698.45 2.42 356 37.52 7.763 596 87.39
Massachusetts 392 88,338,195.38 2.05 359 39.75 7.242 622 82.31
Georgia 612 88,005,415.28 2.05 359 37.38 7.769 615 87.83
Minnesota 477 81,260,982.89 1.89 360 39.41 7.472 606 84.16
Colorado 480 77,893,363.08 1.81 359 38.31 7.142 618 84.89
Washington 423 69,991,976.48 1.63 357 39.05 7.427 607 83.46
Pennsylvania 567 67,961,021.74 1.58 355 38.12 7.591 592 84.69
Hawaii 199 58,395,979.37 1.36 357 38.92 6.319 642 81.04
Missouri 586 56,983,606.07 1.33 360 37.20 7.981 596 86.49
Indiana 634 52,226,159.50 1.21 358 35.93 7.798 610 86.93
Other 3,519 420,013,562.57 9.77 357 37.80 7.687 601 84.99
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
OCCUPATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 22,196 $3,892,121,481.82 90.51 358 39.57 7.225 607 82.62
Non-owner Occupied 2,890 357,554,607.73 8.32 358 32.18 7.930 643 85.77
Second Home 282 50,323,328.72 1.17 358 38.16 7.160 646 84.38
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
* Based on mortgagor representation at origination.
DOCUMENTATION TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Full Docs 13,422 $2,165,673,357.22 50.36 357 39.34 6.964 598 81.64
Stated Docs 10,488 1,841,958,732.35 42.84 359 39.07 7.676 626 84.34
Limited Docs 1,458 292,367,328.70 6.80 358 35.12 7.167 598 83.21
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 14,421 $2,636,189,442.32 61.31 357 39.56 7.137 597 80.39
Purchase 9,541 1,450,643,506.01 33.74 359 37.87 7.571 635 87.62
Refi-No Cashout *** 1,406 213,166,469.94 4.96 356 38.53 7.124 609 81.80
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2,000 of the original principal balance
of the related loan. Also includes all home equity loans
originated in Texas with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2,000 of the original principal
balance of the related loan. Excludes home equity loans
originated in Texas with any cash proceeds.
CREDIT GRADE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RISK CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1 17,643 $2,946,163,260.40 68.52 358 38.55 7.127 624 84.37
2 1,890 349,861,900.90 8.14 357 39.42 7.299 584 82.68
3 1,855 311,409,424.07 7.24 357 39.41 7.365 579 81.83
4 1,305 212,135,930.51 4.93 358 39.69 7.693 566 78.37
5 769 138,927,150.59 3.23 359 40.26 7.825 556 69.72
6 247 40,819,841.54 0.95 359 41.78 9.320 560 66.48
A+ 769 141,574,792.34 3.29 358 39.15 7.485 620 84.03
A 375 60,412,426.07 1.40 355 41.29 7.671 609 81.96
A- 132 22,725,165.41 0.53 360 39.26 8.326 559 77.23
B 99 16,393,110.03 0.38 360 40.25 8.636 558 76.94
C 117 20,895,046.03 0.49 360 41.90 9.347 535 69.22
C- 167 38,681,370.38 0.90 356 42.17 8.340 580 81.92
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PROPERTY TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 18,691 $3,125,351,780.02 72.68 358 39.05 7.256 607 82.74
PUD Detached 2,117 416,835,680.42 9.69 358 39.03 7.236 608 83.44
Two-to-Four Family 1,814 383,616,666.35 8.92 358 38.13 7.471 632 84.08
Condominium 1,680 257,678,873.66 5.99 359 38.86 7.384 623 84.13
Manufactured/Mobile Housing 936 95,565,737.39 2.22 353 38.23 7.306 618 77.50
PUD-Attached 90 15,691,809.97 0.36 357 39.09 7.348 622 84.73
Single Family Attached 40 5,258,870.46 0.12 355 40.16 7.609 611 81.68
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
(MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
0 7,771 $1,245,535,494.99 28.97 358 38.83 7.613 614 84.94
12 764 161,682,078.49 3.76 358 38.72 7.620 610 83.16
24 8,860 1,500,104,671.16 34.89 359 38.96 7.430 602 83.13
36 7,973 1,392,677,173.63 32.39 356 39.05 6.790 616 80.80
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CONFORMING BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 23,468 $3,471,635,150.19 80.74 358 38.75 7.403 608 83.05
Non-Conforming Balance 1,900 828,364,268.08 19.26 359 39.75 6.780 618 82.26
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 25,368 $4,299,999,418.27 100.00 358 38.94 7.283 610 82.90
--------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 388 $ 91,870,895.47 2.67 359 38.73 5.321 635 78.39
11.500 - 11.999 1,237 289,949,982.30 8.43 359 39.05 5.784 629 79.16
12.000 - 12.499 1,736 364,225,313.80 10.59 360 39.34 6.253 627 80.95
12.500 - 12.999 3,169 625,842,238.30 18.19 360 39.28 6.750 615 82.46
13.000 - 13.499 2,908 515,320,004.86 14.98 360 39.12 7.235 609 84.64
13.500 - 13.999 3,858 651,573,458.29 18.94 359 38.78 7.739 597 85.62
14.000 - 14.499 2,373 369,559,430.09 10.74 360 38.96 8.222 590 86.73
14.500 - 14.999 2,061 296,361,425.19 8.61 359 38.49 8.718 583 86.58
15.000 - 15.499 929 122,968,510.60 3.57 360 38.64 9.207 573 85.96
15.500 - 15.999 468 63,051,773.79 1.83 360 39.15 9.701 562 82.92
16.000 - 16.499 182 24,437,060.23 0.71 360 40.38 10.210 539 74.62
16.500 - 16.999 107 14,457,404.89 0.42 359 42.00 10.714 535 72.45
17.000 - 17.499 37 5,283,610.91 0.15 360 41.43 11.211 529 74.94
17.500 - 17.999 33 4,058,766.08 0.12 360 41.97 11.709 520 70.46
18.000 - 18.499 10 967,950.00 0.03 360 38.51 12.224 514 64.06
18.500 - 18.999 2 273,150.00 0.01 360 28.71 12.768 512 73.12
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 388 $ 91,870,895.47 2.67 359 38.73 5.321 635 78.39
5.500 - 5.999 1,237 289,949,982.30 8.43 359 39.05 5.784 629 79.16
6.000 - 6.499 1,736 364,225,313.80 10.59 360 39.34 6.253 627 80.95
6.500 - 6.999 3,169 625,842,238.30 18.19 360 39.28 6.750 615 82.46
7.000 - 7.499 2,908 515,320,004.86 14.98 360 39.12 7.235 609 84.64
7.500 - 7.999 3,858 651,573,458.29 18.94 359 38.78 7.739 597 85.62
8.000 - 8.499 2,373 369,559,430.09 10.74 360 38.96 8.222 590 86.73
8.500 - 8.999 2,061 296,361,425.19 8.61 359 38.49 8.718 583 86.58
9.000 - 9.499 929 122,968,510.60 3.57 360 38.64 9.207 573 85.96
9.500 - 9.999 468 63,051,773.79 1.83 360 39.15 9.701 562 82.92
10.000 - 10.499 182 24,437,060.23 0.71 360 40.38 10.210 539 74.62
10.500 - 10.999 107 14,457,404.89 0.42 359 42.00 10.714 535 72.45
11.000 - 11.499 37 5,283,610.91 0.15 360 41.43 11.211 529 74.94
11.500 - 11.999 33 4,058,766.08 0.12 360 41.97 11.709 520 70.46
12.000 - 12.499 10 967,950.00 0.03 360 38.51 12.224 514 64.06
12.500 - 12.999 2 273,150.00 0.01 360 28.71 12.768 512 73.12
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
MARGINS OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF GROSS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 260 $ 43,571,274.12 1.27 357 39.09 7.170 598 83.24
5.000 - 5.249 1,651 279,416,070.53 8.12 360 39.40 7.534 618 85.79
5.250 - 5.499 1 41,150.49 0.00 353 22.00 8.450 559 79.81
5.500 - 5.749 1,120 208,478,166.98 6.06 360 40.07 7.761 603 83.48
5.750 - 5.999 1 247,000.00 0.01 360 30.00 5.900 626 70.57
6.000 - 6.249 16,009 2,832,155,503.73 82.33 359 38.89 7.290 605 83.65
6.250 - 6.499 6 1,462,853.41 0.04 360 37.76 7.286 612 83.74
6.500 - 6.749 277 43,450,477.29 1.26 357 38.82 7.830 579 80.82
6.750 - 6.999 5 617,947.79 0.02 359 38.97 7.572 611 77.27
7.000 - 7.249 168 30,760,530.46 0.89 360 41.68 9.471 536 70.64
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
NEXT RATE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2005-12 1 $ 216,915.62 0.01 348 43.00 7.950 542 85.00
2006-01 6 758,476.41 0.02 349 43.90 7.318 571 83.74
2006-02 1 98,024.60 0.00 350 50.00 6.175 758 87.61
2006-03 6 825,239.16 0.02 352 37.13 7.061 589 74.18
2006-04 65 11,752,662.37 0.34 353 40.04 7.151 565 81.48
2006-05 38 6,090,748.59 0.18 354 39.61 6.912 570 81.96
2006-06 33 5,445,785.52 0.16 355 37.22 7.820 566 79.88
2006-07 43 5,730,702.96 0.17 356 37.82 7.604 600 86.39
2006-08 69 10,282,907.79 0.30 357 39.27 7.460 609 83.45
2006-09 132 24,044,062.97 0.70 358 40.27 6.832 609 83.52
2006-10 1,864 297,679,434.02 8.65 359 39.15 7.416 607 83.80
2006-11 9,761 1,728,380,826.22 50.24 360 39.14 7.420 601 83.59
2006-12 2,601 440,048,245.00 12.79 360 38.94 7.324 603 83.61
2007-02 2 133,849.94 0.00 350 36.86 9.970 580 71.38
2007-04 34 7,200,700.48 0.21 353 39.58 6.659 600 81.93
2007-05 12 2,985,804.54 0.09 354 29.86 6.672 610 85.00
2007-06 8 1,002,172.23 0.03 355 40.39 7.011 660 82.82
2007-07 9 1,736,307.21 0.05 356 36.95 7.405 597 83.43
2007-08 16 3,364,846.96 0.10 357 38.57 7.668 625 88.21
2007-09 35 6,192,452.58 0.18 358 39.86 6.914 618 84.65
2007-10 479 88,214,011.37 2.56 358 38.51 7.346 618 84.13
2007-11 3,380 636,682,131.26 18.51 360 38.82 7.285 612 83.79
2007-12 903 161,334,667.00 4.69 360 38.93 7.217 613 83.71
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2.000 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1.000 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 19,498 $3,440,200,974.80 100.00 359 39.03 7.363 605 83.66
--------------------------------------------------------------------------------------------------------------------------------
GROUP I MORTGAGE LOAN STATISTICS
The Group I Mortgage Loans consist of 14,904 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $2,356,427,256, 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
Collateral Selection Date, and subject to a permitted variance of plus or minus
5.0%. None of the Group I Mortgage Loans had a first Due Date prior to January
1, 2004, or after January 1, 2005, or will have a remaining term to stated
maturity of less than 175 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group I Mortgage Loan is December 1, 2034.
COLLATERAL TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
COLLATERAL TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 8,287 $1,368,002,028.23 58.05 360 39.20 7.352 604 83.31
3 YEAR ARMS 2,976 517,703,633.49 21.97 359 38.74 7.249 614 83.49
FIXED 3,641 470,721,593.98 19.98 352 38.84 7.170 629 80.95
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO OLTV(%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 734 $ 25,425,364.00 1.08 351 36.91 10.968 651 25.39
50,000.01 - 100,000.00 3,348 255,937,254.00 10.86 355 36.15 7.985 608 79.69
100,000.01 - 150,000.00 3,856 481,942,627.00 20.45 357 38.07 7.426 607 83.16
150,000.01 - 200,000.00 2,758 479,650,728.00 20.35 359 39.35 7.230 608 82.32
200,000.01 - 250,000.00 1,912 428,885,005.00 18.20 358 39.68 7.108 608 82.02
250,000.01 - 300,000.00 1,366 374,021,753.00 15.87 359 40.23 7.010 614 82.17
300,000.01 - 350,000.00 744 237,014,516.00 10.06 359 40.77 6.897 614 82.65
350,000.01 - 400,000.00 121 45,494,450.00 1.93 360 38.27 6.931 642 85.46
400,000.01 - 450,000.00 49 20,589,150.00 0.87 360 38.81 7.079 649 86.53
450,000.01 - 500,000.00 13 6,166,350.00 0.26 360 37.70 6.959 642 84.02
550,000.01 - 600,000.00 2 1,166,400.00 0.05 359 36.02 5.749 717 80.00
600,000.01 - 650,000.00 1 630,000.00 0.03 360 34.00 6.300 686 80.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,923,597.00 100.00 358 39.02 7.293 611 81.65
--------------------------------------------------------------------------------------------------------------------------------
* Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 734 $ 25,415,594.16 1.08 351 36.91 10.969 651 96.66
50,000.01 - 100,000.00 3,348 255,871,554.81 10.86 355 36.15 7.985 608 83.93
100,000.01 - 150,000.00 3,857 481,998,356.84 20.45 357 38.07 7.426 607 83.16
150,000.01 - 200,000.00 2,757 479,424,745.20 20.35 359 39.35 7.230 608 82.32
200,000.01 - 250,000.00 1,913 429,047,939.18 18.21 358 39.69 7.107 608 82.01
250,000.01 - 300,000.00 1,367 374,285,992.33 15.88 359 40.24 7.014 614 82.17
300,000.01 - 350,000.00 742 236,357,420.29 10.03 359 40.75 6.893 614 82.66
350,000.01 - 400,000.00 121 45,485,413.66 1.93 360 38.27 6.931 642 85.46
400,000.01 - 450,000.00 49 20,579,409.79 0.87 360 38.81 7.079 649 86.53
450,000.01 - 500,000.00 13 6,165,652.88 0.26 360 37.69 6.959 642 84.02
550,000.01 - 600,000.00 2 1,165,176.56 0.05 359 36.02 5.749 717 80.00
600,000.01 - 650,000.00 1 630,000.00 0.03 360 34.00 6.300 686 80.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00% 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
120 - 180 127 $ 13,251,588.69 0.56% 180 36.99 7.199 624 79.02
181 - 240 135 15,905,932.03 0.68 240 38.14 7.089 627 76.79
301 - 360 14,642 2,327,269,734.98 98.76 360 39.04 7.295 611 82.94
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00% 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 254 $ 55,674,180.39 2.36 359 37.80 5.331 641 76.81
5.500 - 5.999 1,243 265,594,375.99 11.27 357 39.14 5.769 637 76.08
6.000 - 6.499 1,424 268,989,680.12 11.42 357 39.41 6.254 628 79.06
6.500 - 6.999 2,451 427,204,810.87 18.13 357 39.20 6.743 619 81.78
7.000 - 7.499 2,137 347,154,110.14 14.73 358 39.32 7.231 610 83.92
7.500 - 7.999 2,859 446,334,359.96 18.94 359 38.78 7.739 602 85.77
8.000 - 8.499 1,716 247,097,096.92 10.49 358 38.64 8.225 594 86.57
8.500 - 8.999 1,097 152,002,960.69 6.45 358 38.75 8.705 587 86.40
9.000 - 9.499 439 56,414,333.03 2.39 359 38.21 9.210 572 85.94
9.500 - 9.999 282 32,871,396.12 1.39 359 38.40 9.716 571 83.78
10.000 - 10.499 122 14,207,471.62 0.60 359 42.17 10.234 552 76.92
10.500 - 10.999 240 14,600,096.61 0.62 356 40.64 10.750 610 86.43
11.000 - 11.499 221 10,145,132.17 0.43 355 38.66 11.236 638 94.97
11.500 - 11.999 175 7,879,134.20 0.33 351 40.43 11.699 623 93.62
12.000 - 12.499 187 8,009,930.33 0.34 352 38.68 12.249 627 98.88
12.500 - 12.999 57 2,248,186.54 0.10 357 36.53 12.612 624 98.10
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 25.00 17 $ 1,463,878.05 0.06 360 37.30 7.360 559 20.08
25.01 - 30.00 7 832,130.79 0.04 360 34.37 6.363 600 28.26
30.01 - 35.00 21 2,805,876.79 0.12 360 38.41 6.797 584 32.75
35.01 - 40.00 39 5,963,088.14 0.25 347 35.78 6.515 597 38.01
40.01 - 45.00 80 12,155,170.30 0.52 359 38.27 6.694 592 43.06
45.01 - 50.00 96 15,841,362.72 0.67 353 37.64 6.733 597 47.93
50.01 - 55.00 137 22,391,814.41 0.95 353 38.86 6.982 582 52.64
55.01 - 60.00 257 44,685,135.98 1.90 358 39.68 6.918 586 57.74
60.01 - 65.00 432 78,938,683.95 3.35 357 39.74 6.889 588 63.43
65.01 - 70.00 681 114,778,253.21 4.87 356 40.21 7.182 584 68.68
70.01 - 75.00 1,043 181,826,198.44 7.72 358 40.19 7.125 584 73.96
75.01 - 80.00 3,474 580,733,393.35 24.64 357 38.73 6.863 620 79.64
80.01 - 85.00 1,617 264,980,824.65 11.25 359 38.68 7.101 600 84.39
85.01 - 90.00 3,649 578,279,912.25 24.54 359 38.52 7.523 608 89.71
90.01 - 95.00 2,311 390,960,420.35 16.59 359 39.75 7.594 633 94.83
95.01 - 100.00 1,043 59,791,112.32 2.54 355 37.40 10.162 661 99.98
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00% 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
500 - 519 704 $ 113,226,926.24 4.81 359 41.85 8.211 510 76.40
520 - 539 1,055 168,436,025.85 7.15 359 40.74 7.941 530 78.51
540 - 559 1,414 224,445,807.62 9.52 359 39.74 7.576 551 80.34
560 - 579 1,361 222,698,455.40 9.45 358 39.77 7.443 570 80.52
580 - 599 1,584 254,720,107.76 10.81 358 39.24 7.245 589 82.51
600 - 619 2,012 317,785,335.09 13.49 358 38.88 7.136 610 84.38
620 - 639 2,371 361,963,007.84 15.36 357 39.08 7.137 629 84.32
640 - 659 1,529 237,965,226.50 10.10 357 38.66 7.114 649 85.16
660 - 679 1,063 165,802,506.31 7.04 357 37.68 7.046 669 85.43
680 - 699 779 121,309,938.29 5.15 358 36.84 6.937 689 85.03
700 - 719 460 76,528,776.72 3.25 357 37.20 6.827 709 84.34
720 - 739 294 46,369,416.31 1.97 359 36.45 7.021 729 87.02
740 - 759 170 27,436,277.19 1.16 358 36.76 7.010 749 87.11
760 - 779 74 12,170,018.72 0.52 360 35.30 6.801 769 82.56
780 - 799 28 4,605,082.37 0.20 360 34.81 6.928 785 85.08
800 - 819 4 744,500.00 0.03 360 30.08 6.080 804 89.11
860 - 879 2 219,847.49 0.01 359 43.00 7.990 877 84.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00% 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
INCOME RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 20.00 782 $ 108,131,559.01 4.59 357 14.93 7.377 628 82.45
20.01 - 25.00 830 109,758,269.01 4.66 358 23.26 7.349 614 82.64
25.01 - 30.00 1,298 180,369,693.00 7.65 357 28.19 7.285 616 81.86
30.01 - 35.00 1,973 298,460,436.03 12.67 358 33.15 7.271 614 82.25
35.01 - 40.00 2,736 434,136,789.32 18.42 358 38.15 7.268 615 83.74
40.01 - 45.00 3,771 611,023,246.63 25.93 358 43.07 7.282 618 83.80
45.01 - 50.00 3,097 537,439,845.44 22.81 358 48.11 7.296 598 84.10
50.01 - 55.00 417 77,107,417.26 3.27 359 52.88 7.413 571 67.93
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
California 2,898 $ 613,743,802.63 26.05 358 40.30 6.881 608 77.3
Florida 1,620 242,188,259.03 10.28 359 39.14 7.367 613 84.98
Illinois 1,457 228,152,768.51 9.68 359 39.73 7.552 622 85.84
New York 484 119,840,951.31 5.09 359 38.98 7.330 614 82.66
Arizona 737 88,896,029.75 3.77 357 37.28 7.402 617 86.07
New Jersey 417 86,649,967.95 3.68 357 38.29 7.310 614 83.64
Michigan 691 80,656,910.07 3.42 360 38.55 7.598 602 86.03
Nevada 379 69,801,061.45 2.96 359 38.67 7.270 614 82.59
Maryland 394 67,071,332.42 2.85 358 38.61 7.200 607 82.69
Texas 589 66,223,283.99 2.81 351 36.42 7.818 601 85.15
Georgia 406 55,457,302.41 2.35 359 38.16 7.721 615 87.50
Minnesota 340 55,442,042.73 2.35 360 39.13 7.410 611 83.94
Ohio 507 52,116,171.21 2.21 355 38.08 7.684 599 87.83
Massachusetts 259 51,539,603.72 2.19 359 39.97 7.181 624 82.38
Colorado 326 50,198,543.77 2.13 358 37.92 7.101 623 85.04
Washington 268 43,016,477.11 1.83 357 38.93 7.351 607 83.64
Pennsylvania 296 39,726,698.60 1.69 357 38.30 7.462 599 85.17
Hawaii 139 38,743,659.47 1.64 358 38.13 6.284 643 81.79
Connecticut 162 29,703,338.49 1.26 355 37.61 7.482 612 83.35
Missouri 291 28,675,897.36 1.22 360 38.06 7.784 603 87.43
Other 2,244 248,583,153.72 10.55 357 38.03 7.632 604 85.54
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
OCCUPATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 13,218 $2,130,166,428.26 90.40 358 39.62 7.245 607 82.56
Non-owner Occupied 1,512 197,398,895.00 8.38 358 32.70 7.835 646 85.92
Second Home 174 28,861,932.44 1.22 359 38.38 7.166 646 85.28
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Full Docs 7,926 $1,221,816,117.11 51.85 358 39.60 6.988 597 81.71
Stated Docs 6,161 997,771,867.03 42.34 358 38.85 7.666 629 84.17
Limited Docs 817 136,839,271.56 5.81 358 35.13 7.296 600 83.85
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 8,191 $1,407,511,421.25 59.73 357 39.64 7.154 597 80.23
Purchase 5,886 830,061,004.67 35.23 359 38.02 7.548 636 87.36
Refi-No Cashout *** 827 118,854,829.78 5.04 356 38.72 7.165 608 82.88
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
** 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 % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RISK CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1 10,721 $1,651,828,551.32 70.10 358 38.70 7.169 625 84.38
2 1,047 181,373,930.87 7.70 357 39.55 7.291 583 82.13
3 1,058 175,298,908.29 7.44 358 39.12 7.325 580 81.77
4 694 110,296,006.78 4.68 358 39.66 7.601 569 77.47
5 395 68,420,347.54 2.90 359 40.54 7.808 554 69.38
6 97 15,631,511.86 0.66 359 42.96 9.231 563 65.95
A+ 422 71,343,452.58 3.03 358 38.79 7.510 618 83.49
A 213 33,350,819.77 1.42 355 41.60 7.620 609 81.81
A- 68 13,067,351.36 0.55 360 41.21 8.186 563 74.96
B 45 7,838,245.51 0.33 360 39.70 8.662 549 76.27
C 62 12,355,290.74 0.52 360 42.57 9.414 534 68.43
C- 82 15,622,839.08 0.66 358 41.57 8.895 573 80.29
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PROPERTY TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 10,776 $1,673,911,418.68 71.04 358 39.12 7.274 606 82.72
Two-to-Four Family 1,097 231,880,928.80 9.84 358 38.19 7.418 634 83.59
PUD Detached 1,269 217,483,179.68 9.23 358 39.06 7.241 612 83.91
Condominium 1,085 157,308,968.07 6.68 359 39.46 7.368 623 84.02
Manufactured/Mobile Housing 590 62,902,548.94 2.67 355 38.43 7.298 620 77.59
PUD-Attached 61 9,675,968.74 0.41 356 38.68 7.466 616 85.97
Single Family Attached 26 3,264,242.79 0.14 352 39.36 7.629 614 81.73
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
(MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
0 4,889 $ 713,230,320.75 30.27 358 38.84 7.597 615 84.81
12 455 84,567,325.49 3.59 358 38.67 7.735 611 82.96
24 5,094 823,391,777.01 34.94 360 39.07 7.374 605 82.77
36 4,466 735,237,832.45 31.20 356 39.19 6.857 614 81.11
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CONFORMING BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 14,904 $2,356,427,255.70 100.00 358 39.02 7.293 611 82.88
--------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 225 $ 47,540,327.38 2.52 359 37.96 5.325 637 77.18
11.500 - 11.999 730 150,947,375.74 8.00 359 38.86 5.781 632 78.10
12.000 - 12.499 1,032 192,370,357.32 10.20 359 39.42 6.260 628 80.31
12.500 - 12.999 1,982 351,941,244.63 18.66 359 39.09 6.747 619 82.16
13.000 - 13.499 1,814 304,450,086.75 16.15 360 39.37 7.233 610 84.19
13.500 - 13.999 2,458 394,877,543.43 20.94 360 38.83 7.742 600 85.78
14.000 - 14.499 1,476 220,050,699.66 11.67 359 38.80 8.224 590 86.65
14.500 - 14.999 889 129,430,262.02 6.86 359 38.97 8.706 582 86.21
15.000 - 15.499 346 47,386,263.90 2.51 359 38.54 9.211 567 85.46
15.500 - 15.999 176 25,251,368.72 1.34 360 38.90 9.719 560 81.77
16.000 - 16.499 67 10,948,347.67 0.58 360 44.03 10.228 526 71.37
16.500 - 16.999 41 6,624,922.69 0.35 360 43.98 10.725 532 70.64
17.000 - 17.499 10 1,734,300.00 0.09 360 45.25 11.298 522 71.02
17.500 - 17.999 12 1,686,561.81 0.09 360 49.37 11.740 520 70.19
18.000 - 18.499 4 295,750.00 0.02 360 40.27 12.234 525 70.00
18.500 - 18.999 1 170,250.00 0.01 360 37.00 12.900 515 75.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 225 $ 47,540,327.38 2.52 359 37.96 5.325 637 77.18
5.500 - 5.999 730 150,947,375.74 8.00 359 38.86 5.781 632 78.10
6.000 - 6.499 1,032 192,370,357.32 10.20 359 39.42 6.260 628 80.31
6.500 - 6.999 1,982 351,941,244.63 18.66 359 39.09 6.747 619 82.16
7.000 - 7.499 1,814 304,450,086.75 16.15 360 39.37 7.233 610 84.19
7.500 - 7.999 2,458 394,877,543.43 20.94 360 38.83 7.742 600 85.78
8.000 - 8.499 1,476 220,050,699.66 11.67 359 38.80 8.224 590 86.65
8.500 - 8.999 889 129,430,262.02 6.86 359 38.97 8.706 582 86.21
9.000 - 9.499 346 47,386,263.90 2.51 359 38.54 9.211 567 85.46
9.500 - 9.999 176 25,251,368.72 1.34 360 38.90 9.719 560 81.77
10.000 - 10.499 67 10,948,347.67 0.58 360 44.03 10.228 526 71.37
10.500 - 10.999 41 6,624,922.69 0.35 360 43.98 10.725 532 70.64
11.000 - 11.499 10 1,734,300.00 0.09 360 45.25 11.298 522 71.02
11.500 - 11.999 12 1,686,561.81 0.09 360 49.37 11.740 520 70.19
12.000 - 12.499 4 295,750.00 0.02 360 40.27 12.234 525 70.00
12.500 - 12.999 1 170,250.00 0.01 360 37.00 12.900 515 75.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF GROSS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 160 $ 26,531,660.29 1.41 357 40.11 7.198 598 83.57
5.000 - 5.249 1,106 183,738,823.24 9.74 360 39.73 7.450 620 85.68
5.500 - 5.749 599 105,874,732.29 5.61 360 40.23 7.771 601 82.59
5.750 - 5.999 1 247,000.00 0.01 360 30.00 5.900 626 70.57
6.000 - 6.249 9,159 1,528,099,204.56 81.04 359 38.89 7.249 607 83.33
6.250 - 6.499 3 620,868.05 0.03 359 31.88 6.871 593 82.48
6.500 - 6.749 145 23,609,806.01 1.25 358 37.57 7.714 580 80.68
6.750 - 6.999 3 430,800.00 0.02 360 45.32 8.058 599 74.15
7.000 - 7.249 87 16,552,767.28 0.88 360 41.66 9.651 535 69.25
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
NEXT RATE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2006-03 2 $ 218,924.04 0.01 352 44.81 8.617 547 63.01
2006-04 39 6,208,715.30 0.33 353 40.27 7.082 565 82.21
2006-05 18 2,590,172.47 0.14 354 37.47 6.979 563 84.03
2006-06 19 3,161,834.05 0.17 355 39.58 7.715 579 81.19
2006-07 29 4,466,496.34 0.24 356 37.99 7.569 603 87.64
2006-08 44 6,753,439.54 0.36 357 37.76 7.251 616 85.48
2006-09 77 14,225,638.89 0.75 358 39.38 6.973 607 82.60
2006-10 1,034 158,565,231.56 8.41 359 39.13 7.343 611 83.41
2006-11 5,546 922,947,904.04 48.94 360 39.22 7.377 603 83.28
2006-12 1,479 248,917,672.00 13.20 360 39.17 7.290 606 83.33
2007-04 22 4,379,436.88 0.23 353 36.88 6.577 599 80.50
2007-05 7 1,987,047.09 0.11 354 31.32 6.744 601 85.90
2007-06 6 602,320.93 0.03 355 38.79 6.840 647 81.49
2007-07 4 745,371.00 0.04 356 28.50 7.690 549 75.12
2007-08 8 1,916,427.01 0.10 357 40.90 7.658 641 89.56
2007-09 18 3,700,536.81 0.20 358 40.49 7.166 605 84.75
2007-10 283 47,694,902.88 2.53 358 38.14 7.430 615 83.60
2007-11 2,076 361,180,971.89 19.15 360 38.82 7.248 614 83.58
2007-12 552 95,442,619.00 5.06 360 38.96 7.198 614 83.09
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2.000 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1.000 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 11,263 $1,885,705,661.72 100.00 359 39.07 7.324 607 83.36
--------------------------------------------------------------------------------------------------------------------------------
GROUP II MORTGAGE LOAN STATISTICS
The Group II Mortgage Loans consist of 5,205 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $666,645,197, 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
January 1, 2004 or after January 1, 2005, or will have a remaining term to
stated maturity of less than 178 months or greater than 360 months as of the
Cut-off Date. The latest maturity date of any Group II Mortgage Loan is December
1, 2034.
COLLATERAL TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
COLLATERAL TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 3,125 $ 410,411,060.37 61.56 359 38.55 7.379 600 82.70
3 YEAR ARMS 811 123,142,575.77 18.47 359 37.83 7.172 617 83.58
FIXED 1,269 133,091,561.11 19.96 346 37.83 7.181 612 79.83
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO OLTV(%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 173 $ 7,538,361.00 1.13 346 35.52 8.838 610 52.05%
50,000.01 - 100,000.00 2,285 164,475,647.00 24.67 353 36.06 7.837 597 80.97
100,000.01 - 150,000.00 1,224 150,448,862.00 22.56 355 37.23 7.277 606 82.70
150,000.01 - 200,000.00 643 111,916,509.00 16.78 358 39.57 7.189 606 81.13
200,000.01 - 250,000.00 409 92,116,689.00 13.81 359 39.39 6.885 609 81.85
250,000.01 - 300,000.00 281 77,213,809.00 11.58 360 40.43 7.011 606 82.09
300,000.01 - 350,000.00 156 49,843,168.00 7.47 360 41.11 6.872 615 84.93
350,000.01 - 400,000.00 25 9,396,770.00 1.41 360 36.05 7.156 622 85.09
400,000.01 - 450,000.00 8 3,324,250.00 0.50 360 40.31 7.474 656 91.33
550,000.01 - 600,000.00 1 552,500.00 0.08 360 36.00 6.250 686 85.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,826,565.00 100.00 356 38.27 7.301 605 81.72
--------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 173 $ 7,531,242.00 1.13 346 35.53 8.837 610 76.09
50,000.01 - 100,000.00 2,285 164,424,158.61 24.66 353 36.06 7.837 597 82.17
100,000.01 - 150,000.00 1,224 150,416,391.17 22.56 355 37.23 7.277 606 82.70
150,000.01 - 200,000.00 643 111,893,375.61 16.78 358 39.57 7.189 606 81.13
200,000.01 - 250,000.00 409 92,091,943.64 13.81 359 39.39 6.885 609 81.85
250,000.01 - 300,000.00 281 77,186,100.36 11.58 360 40.43 7.011 606 82.09
300,000.01 - 350,000.00 156 49,831,784.71 7.48 360 41.11 6.872 615 84.93
350,000.01 - 400,000.00 25 9,394,012.30 1.41 360 36.05 7.156 622 85.09
400,000.01 - 450,000.00 8 3,323,688.85 0.50 360 40.31 7.474 656 91.33
550,000.01 - 600,000.00 1 552,500.00 0.08 360 36.00 6.250 686 85.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
121 - 180 92 $ 7,611,348.34 1.14 180 36.95 7.130 606 74.74
181 - 240 66 6,413,554.28 0.96 240 37.91 6.850 613 79.53
301 - 360 5,047 652,620,294.63 97.90 360 38.29 7.308 605 82.40
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 102 $ 19,445,128.18 2.92 357 38.38 5.314 631 78.24
5.500 - 5.999 393 64,555,048.47 9.68 355 38.57 5.767 630 75.76
6.000 - 6.499 530 81,618,804.48 12.24 356 38.97 6.255 629 79.63
6.500 - 6.999 823 122,082,739.48 18.31 355 38.35 6.750 612 81.53
7.000 - 7.499 773 100,735,500.48 15.11 356 38.51 7.232 601 83.42
7.500 - 7.999 963 119,287,443.94 17.89 357 38.00 7.744 599 85.13
8.000 - 8.499 615 66,586,701.50 9.99 358 38.00 8.225 591 85.86
8.500 - 8.999 448 45,340,684.76 6.80 357 37.29 8.689 582 84.69
9.000 - 9.499 230 20,881,688.76 3.13 357 37.36 9.227 568 82.30
9.500 - 9.999 128 12,438,945.46 1.87 359 38.64 9.719 558 82.61
10.000 - 10.499 54 4,374,389.13 0.66 357 36.24 10.216 556 78.34
10.500 - 10.999 57 3,793,027.84 0.57 357 39.12 10.738 585 81.13
11.000 - 11.499 33 2,230,062.62 0.33 359 38.75 11.208 603 86.21
11.500 - 11.999 24 1,649,871.84 0.25 359 39.80 11.641 561 80.49
12.000 - 12.499 24 1,262,742.16 0.19 360 39.51 12.216 609 95.51
12.500 - 12.999 8 362,418.15 0.05 360 31.11 12.589 600 91.48
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 25.00 12 $ 887,805.52 0.13 350 33.63 7.705 560 20.73
25.01 - 30.00 10 864,500.00 0.13 360 30.36 7.051 590 28.48
30.01 - 35.00 15 1,200,851.03 0.18 348 27.12 6.572 617 33.40
35.01 - 40.00 22 2,940,135.80 0.44 349 36.04 6.585 599 38.23
40.01 - 45.00 34 3,872,300.93 0.58 353 33.47 6.773 598 42.43
45.01 - 50.00 49 6,018,951.53 0.90 353 35.80 6.900 602 47.94
50.01 - 55.00 60 6,383,580.64 0.96 344 37.09 6.928 588 53.33
55.01 - 60.00 116 14,549,305.99 2.18 354 40.11 6.844 592 57.67
60.01 - 65.00 186 24,672,205.00 3.70 354 39.64 7.119 574 63.45
65.01 - 70.00 248 33,579,058.09 5.04 353 38.68 7.445 564 68.87
70.01 - 75.00 392 49,970,683.06 7.50 356 39.30 7.309 574 73.91
75.01 - 80.00 1,139 151,034,542.74 22.66 357 38.28 6.961 613 79.64
80.01 - 85.00 703 87,036,386.62 13.06 357 38.17 7.182 594 84.45
85.01 - 90.00 1,385 171,432,819.33 25.72 358 37.64 7.519 607 89.72
90.01 - 95.00 681 99,771,841.92 14.97 357 38.85 7.430 635 94.77
95.01 - 100.00 153 12,430,229.05 1.86 358 38.53 9.490 657 99.99
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
500 - 519 336 $ 40,579,486.81 6.09 358 41.82 8.081 510 77.18
520 - 539 490 60,687,880.74 9.10 356 39.66 7.903 529 77.33
540 - 559 614 74,463,150.45 11.17 357 38.76 7.630 551 79.90
560 - 579 541 65,967,585.79 9.90 355 38.87 7.447 569 80.13
580 - 599 568 69,713,911.13 10.46 357 37.87 7.232 589 81.84
600 - 619 655 85,527,173.55 12.83 355 38.28 7.122 609 84.49
620 - 639 691 92,931,293.16 13.94 357 38.28 7.052 629 83.75
640 - 659 441 58,576,682.29 8.79 358 37.18 7.012 649 85.70
660 - 679 301 40,373,808.99 6.06 356 36.69 7.036 669 85.08
680 - 699 221 30,135,946.84 4.52 356 37.01 6.822 689 83.97
700 - 719 146 19,975,312.54 3.00 359 36.89 6.987 709 85.96
720 - 739 98 14,608,886.50 2.19 359 36.34 6.996 729 86.17
740 - 759 52 7,043,460.33 1.06 351 32.76 6.876 749 86.46
760 - 779 36 4,201,988.18 0.63 355 35.59 6.771 767 83.29
780 - 799 13 1,656,269.53 0.25 344 34.86 6.720 791 86.92
800 - 819 2 202,360.42 0.03 360 36.89 6.908 804 84.50
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
INCOME RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 20.00 354 $ 34,456,189.11 5.17 356 15.36 7.536 619 79.89
20.01 - 25.00 348 38,551,870.71 5.78 355 23.08 7.224 609 80.03
25.01 - 30.00 536 60,037,751.79 9.01 356 28.21 7.342 608 82.70
30.01 - 35.00 759 93,435,902.62 14.02 355 33.12 7.326 612 82.05
35.01 - 40.00 914 120,922,147.76 18.14 357 38.10 7.297 612 83.23
40.01 - 45.00 1,136 157,306,810.09 23.60 357 43.21 7.228 611 83.10
45.01 - 50.00 1,004 140,461,537.13 21.07 356 48.14 7.301 590 84.04
50.01 - 55.00 154 21,472,988.04 3.22 357 53.08 7.395 564 67.35
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
California 726 $ 144,051,742.93 21.61 358 40.02 6.814 603 76.69
Florida 689 88,222,960.18 13.23 355 39.11 7.312 603 81.97
Illinois 296 44,754,252.52 6.71 358 38.59 7.472 622 86.08
Michigan 466 39,555,825.29 5.93 359 37.05 7.824 594 83.65
Arizona 363 39,480,174.03 5.92 348 36.88 7.205 616 85.68
Ohio 404 35,131,088.06 5.27 356 36.98 7.772 593 86.61
New York 114 28,766,721.81 4.32 359 36.98 7.139 620 83.34
Maryland 140 20,534,233.43 3.08 359 37.96 7.224 599 82.29
Texas 196 20,421,418.44 3.06 350 35.33 7.998 593 83.85
Nevada 101 17,121,370.78 2.57 359 38.20 7.171 605 79.47
Pennsylvania 188 16,275,217.45 2.44 348 37.70 7.607 584 83.09
Indiana 231 16,152,562.31 2.42 357 36.68 7.789 605 87.02
New Jersey 73 15,454,795.10 2.32 360 37.35 7.209 620 83.55
Missouri 144 12,006,602.90 1.80 359 35.20 7.846 592 83.08
Washington 70 11,140,734.48 1.67 360 40.28 6.983 617 82.07
Minnesota 62 10,931,740.18 1.64 360 39.14 7.345 603 85.47
Colorado 64 10,071,426.71 1.51 360 39.99 6.931 617 83.84
Tennessee 117 9,763,442.01 1.46 354 35.82 7.662 598 84.42
Georgia 71 8,876,062.85 1.33 359 37.99 7.541 628 87.66
Massachusetts 40 7,969,491.64 1.20 360 41.49 6.884 628 78.47
Other 650 69,963,334.15 10.49 356 37.55 7.428 604 83.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
OCCUPATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 4,368 $ 585,990,165.81 87.90 356 38.89 7.229 600 81.94
Non-owner Occupied 780 72,716,604.56 10.91 358 33.15 7.913 641 84.95
Second Home 57 7,938,426.88 1.19 359 39.37 7.049 660 83.54
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Full Docs 3,029 $ 365,776,971.13 54.87 356 38.77 7.086 591 81.79
Stated Docs 1,956 270,099,869.91 40.52 358 37.78 7.609 626 83.02
Limited Docs 220 30,768,356.21 4.62 353 36.66 7.152 593 81.74
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 3,293 $ 431,198,494.27 64.68 355 38.66 7.208 591 79.97
Purchase 1,620 201,447,119.63 30.22 359 37.46 7.525 638 87.10
Refi-No Cashout *** 292 33,999,583.35 5.10 354 38.08 7.161 603 83.12
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
** 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 % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RISK CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1 3,491 $ 441,916,177.36 66.29 356 37.92 7.130 621 83.97
2 415 57,252,057.87 8.59 356 38.80 7.264 583 82.49
3 407 50,684,824.69 7.60 354 38.21 7.307 575 80.41
4 312 38,403,283.20 5.76 358 39.05 7.662 572 79.11
5 173 23,116,170.61 3.47 356 39.81 7.765 554 69.00
6 67 7,956,103.17 1.19 357 38.84 9.387 555 64.82
A+ 168 22,478,027.29 3.37 358 38.53 7.581 611 84.07
A 54 7,452,412.92 1.12 360 39.35 8.035 581 78.27
A- 28 4,163,590.69 0.62 360 39.72 8.124 549 78.58
B 28 3,965,128.95 0.59 360 40.52 8.637 564 74.35
C 30 3,840,545.95 0.58 360 39.18 9.440 534 70.60
C- 32 5,416,874.55 0.81 360 43.14 8.704 556 80.21
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PROPERTY TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 3,936 $ 488,613,554.54 73.29 356 38.40 7.303 600 82.31
2-4 Unit 361 60,604,442.65 9.09 359 36.99 7.370 629 82.71
PUD Detached 333 52,326,518.60 7.85 356 38.81 7.331 601 83.13
Condominium 312 40,843,310.69 6.13 359 38.22 7.165 629 82.82
Manufactured/Mobile Housing 241 21,642,268.97 3.25 349 37.67 7.264 615 77.35
PUD-Attached 13 1,891,661.80 0.28 360 38.93 7.112 615 84.44
Single Family Attached 9 723,440.00 0.11 360 38.25 7.461 594 80.62
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
(MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
0 1,239 $ 163,827,626.43 24.57 358 37.65 7.488 613 84.40
12 123 20,833,490.47 3.13 359 38.98 7.679 615 79.93
24 1,855 237,786,611.83 35.67 359 38.37 7.464 601 82.12
36 1,988 244,197,468.52 36.63 353 38.53 6.985 604 81.23
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CONFORMING BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,205 $ 666,645,197.25 100.00 356 38.27 7.301 605 82.29
--------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 92 $ 17,351,128.10 3.25 357 38.91 5.303 630 78.94
11.500 - 11.999 252 42,433,473.47 7.95 359 38.76 5.778 626 78.48
12.000 - 12.499 372 59,662,948.68 11.18 359 38.98 6.254 632 80.44
12.500 - 12.999 619 98,012,819.79 18.37 359 38.25 6.753 614 82.20
13.000 - 13.499 610 84,801,583.46 15.89 360 38.62 7.235 603 83.71
13.500 - 13.999 767 101,543,987.34 19.03 359 38.23 7.746 597 85.53
14.000 - 14.499 503 57,228,197.97 10.73 359 38.12 8.227 591 85.87
14.500 - 14.999 351 36,355,399.11 6.81 358 37.29 8.695 580 84.60
15.000 - 15.499 172 16,651,796.94 3.12 360 38.28 9.235 565 82.40
15.500 - 15.999 104 10,791,294.84 2.02 360 38.98 9.722 554 82.42
16.000 - 16.499 42 3,659,843.39 0.69 360 36.50 10.213 547 75.66
16.500 - 16.999 28 2,530,162.81 0.47 360 39.57 10.726 540 72.05
17.000 - 17.499 10 1,143,991.82 0.21 360 37.62 11.247 543 73.12
17.500 - 17.999 11 1,080,908.42 0.20 359 39.61 11.642 517 71.17
18.000 - 18.499 2 203,200.00 0.04 360 42.72 12.193 514 72.14
18.500 - 18.999 1 102,900.00 0.02 360 15.00 12.550 508 70.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 92 $ 17,351,128.10 3.25 357 38.91 5.303 630 78.94
5.500 - 5.999 252 42,433,473.47 7.95 359 38.76 5.778 626 78.48
6.000 - 6.499 372 59,662,948.68 11.18 359 38.98 6.254 632 80.44
6.500 - 6.999 619 98,012,819.79 18.37 359 38.25 6.753 614 82.20
7.000 - 7.499 610 84,801,583.46 15.89 360 38.62 7.235 603 83.71
7.500 - 7.999 767 101,543,987.34 19.03 359 38.23 7.746 597 85.53
8.000 - 8.499 503 57,228,197.97 10.73 359 38.12 8.227 591 85.87
8.500 - 8.999 351 36,355,399.11 6.81 358 37.29 8.695 580 84.60
9.000 - 9.499 172 16,651,796.94 3.12 360 38.28 9.235 565 82.40
9.500 - 9.999 104 10,791,294.84 2.02 360 38.98 9.722 554 82.42
10.000 - 10.499 42 3,659,843.39 0.69 360 36.50 10.213 547 75.66
10.500 - 10.999 28 2,530,162.81 0.47 360 39.57 10.726 540 72.05
11.000 - 11.499 10 1,143,991.82 0.21 360 37.62 11.247 543 73.12
11.500 - 11.999 11 1,080,908.42 0.20 359 39.61 11.642 517 71.17
12.000 - 12.499 2 203,200.00 0.04 360 42.72 12.193 514 72.14
12.500 - 12.999 1 102,900.00 0.02 360 15.00 12.550 508 70.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF GROSS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 54 $ 7,217,753.39 1.35 358 36.75 7.041 606 82.87
5.000 - 5.249 249 37,886,145.61 7.10 359 38.45 7.382 621 85.60
5.250 - 5.499 1 41,150.49 0.01 353 22.00 8.450 559 79.81
5.500 - 5.749 230 31,724,423.88 5.95 360 39.31 7.846 594 83.15
6.000 - 6.249 3,283 440,021,567.32 82.47 359 38.27 7.246 605 82.89
6.250 - 6.499 3 841,985.36 0.16 360 42.10 7.592 626 84.67
6.500 - 6.749 70 8,990,586.97 1.69 356 39.66 8.174 566 78.58
6.750 - 6.999 2 187,147.79 0.04 355 24.36 6.455 639 84.46
7.000 - 7.249 44 6,642,875.33 1.25 360 41.18 9.375 535 72.56
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
NEXT RATE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2005-12 1 $ 216,915.62 0.04 348 43.00 7.950 542 85.00
2006-01 3 365,894.23 0.07 349 39.54 7.237 599 86.53
2006-03 2 84,028.23 0.02 352 34.45 9.718 532 70.36
2006-04 13 1,482,676.40 0.28 353 35.90 7.285 553 76.27
2006-05 11 1,589,065.46 0.30 354 44.82 6.893 582 83.67
2006-06 7 1,079,982.75 0.20 355 35.78 8.006 549 81.95
2006-07 9 733,075.06 0.14 356 37.45 7.886 566 78.42
2006-08 15 1,498,506.67 0.28 357 40.98 7.954 581 70.97
2006-09 35 4,458,865.00 0.84 358 41.71 6.920 597 82.94
2006-10 470 56,399,798.82 10.57 358 38.22 7.541 599 83.70
2006-11 2,055 277,477,274.13 52.01 360 38.54 7.383 601 82.59
2006-12 504 65,024,978.00 12.19 359 38.54 7.236 599 82.73
2007-04 5 891,357.64 0.17 353 43.26 7.009 562 79.55
2007-05 1 82,425.50 0.02 354 30.00 7.500 550 90.00
2007-06 1 206,893.33 0.04 355 37.00 5.700 737 80.00
2007-07 4 889,648.04 0.17 355 42.89 6.953 647 90.78
2007-08 3 497,177.24 0.09 357 37.26 6.703 599 81.19
2007-09 10 1,310,223.58 0.25 358 40.99 6.114 644 82.92
2007-10 85 13,423,308.65 2.52 356 38.31 7.238 621 83.65
2007-11 558 85,469,561.79 16.02 359 37.63 7.214 616 83.78
2007-12 144 20,371,980.00 3.82 360 37.75 7.063 618 82.66
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2.000 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1.000 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 3,936 $ 533,553,636.14 100.00 359 38.38 7.331 604 82.90
--------------------------------------------------------------------------------------------------------------------------------
GROUP III MORTGAGE LOAN STATISTICS
The Group III Mortgage Loans consist of 5,259 adjustable-rate
and fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $1,276,926,965, 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 III Mortgage Loans had a first Due Date prior to
February 1, 2004 or after January 1, 2005, or will have a remaining term to
stated maturity of less than 172 months or greater than 360 months as of the
Cut-off Date. The latest maturity date of any Group II Mortgage Loan is December
1, 2034.
COLLATERAL TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
COLLATERAL TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2 YEAR ARMS 3,208 $ 752,886,942.63 58.96 360 39.29 7.486 598 84.62
3 YEAR ARMS 1,091 268,054,734.31 20.99 360 39.33 7.359 609 84.55
FIXED 960 255,985,288.38 20.05 353 38.47 6.464 652 77.91
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF REMAINING
RANGE OF NUMBER OF BALANCE PRINCIPAL TERM TO DEBT-TO- MORTGAGE
PRINCIPAL BALANCES MORTGAGE AS OF BALANCE AS OF MATURITY INCOME RATES
AT ORIGINATION ($) LOANS ORIGINATION ORIGINATION (MONTHS)* (%)* (%)* FICO OLTV(%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 67 $ 2,787,976.00 0.22 341 35.22 9.134 613 50.15
50,000.01 - 100,000.00 1,294 98,150,735.00 7.68 355 35.81 8.763 599 76.33
100,000.01 - 150,000.00 887 108,792,505.00 8.52 357 37.27 8.113 590 84.66
150,000.01 - 200,000.00 575 99,566,251.00 7.80 359 39.43 7.963 596 84.54
200,000.01 - 250,000.00 276 61,472,104.00 4.81 359 38.27 7.869 595 85.19
250,000.01 - 300,000.00 185 50,730,066.00 3.97 359 39.36 7.617 610 84.39
300,000.01 - 350,000.00 345 115,974,742.00 9.08 359 39.47 7.065 614 82.47
350,000.01 - 400,000.00 604 226,392,959.00 17.73 360 41.05 6.896 616 83.39
400,000.01 - 450,000.00 384 163,416,013.00 12.79 359 40.32 6.875 622 84.10
450,000.01 - 500,000.00 295 141,372,100.00 11.07 358 39.22 6.882 622 82.79
500,000.01 - 550,000.00 108 56,973,465.00 4.46 357 39.29 6.439 625 81.83
550,000.01 - 600,000.00 104 59,878,243.00 4.69 358 39.55 6.519 620 80.82
600,000.01 - 650,000.00 57 35,883,401.00 2.81 357 36.33 6.495 614 79.20
650,000.01 - 700,000.00 31 21,027,152.00 1.65 360 39.65 6.544 617 78.16
700,000.01 - 750,000.00 47 34,774,930.00 2.72 357 37.07 6.595 613 76.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,277,192,642.00 100.00 358 39.13 7.255 611 82.47
--------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
RANGE OF PRINCIPAL NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
BALANCES AS OF THE MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CUT-OFF DATE ($) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 50,000.00 67 $ 2,786,387.58 0.22 341 35.23 9.135 613 77.49
50,000.01 - 100,000.00 1,294 98,128,579.95 7.68 355 35.80 8.763 599 85.80
100,000.01 - 150,000.00 887 108,775,187.06 8.52 357 37.27 8.113 590 84.74
150,000.01 - 200,000.00 575 99,553,121.54 7.80 359 39.43 7.963 596 84.54
200,000.01 - 250,000.00 276 61,461,829.57 4.81 359 38.27 7.869 595 85.19
250,000.01 - 300,000.00 185 50,720,616.36 3.97 359 39.36 7.617 610 84.39
300,000.01 - 350,000.00 346 116,296,481.73 9.11 359 39.48 7.062 613 82.50
350,000.01 - 400,000.00 603 225,983,749.23 17.70 360 41.05 6.898 616 83.38
400,000.01 - 450,000.00 384 163,374,406.02 12.79 359 40.32 6.875 622 84.10
450,000.01 - 500,000.00 295 141,338,155.49 11.07 358 39.22 6.882 622 82.79
500,000.01 - 550,000.00 108 56,966,411.74 4.46 357 39.29 6.439 625 81.83
550,000.01 - 600,000.00 104 59,868,896.44 4.69 358 39.55 6.519 620 80.82
600,000.01 - 650,000.00 58 36,529,115.89 2.86 357 36.43 6.486 614 79.22
650,000.01 - 700,000.00 30 20,374,365.96 1.60 360 39.58 6.562 617 78.10
700,000.01 - 750,000.00 47 34,769,660.76 2.72 357 37.07 6.595 613 76.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
121 - 180 41 $ 5,909,100.08 0.46 179 37.30 6.890 625 73.11
181 - 240 40 6,638,534.91 0.52 240 41.14 7.375 649 78.61
301 - 360 5,178 1,264,379,330.33 99.02 360 39.13 7.256 611 83.33
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF CURRENT MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 109 $ 46,414,295.95 3.63 357 37.92 5.354 667 74.55
5.500 - 5.999 534 214,752,506.13 16.82 358 38.44 5.729 646 77.57
6.000 - 6.499 445 151,160,296.99 11.84 358 39.59 6.235 626 81.12
6.500 - 6.999 685 207,638,323.78 16.26 359 40.31 6.746 611 82.89
7.000 - 7.499 544 134,854,928.77 10.56 358 39.03 7.239 610 86.01
7.500 - 7.999 693 166,147,398.71 13.01 358 39.13 7.721 594 85.39
8.000 - 8.499 428 96,572,952.76 7.56 359 39.81 8.213 591 87.39
8.500 - 8.999 872 138,226,112.28 10.82 359 38.20 8.733 585 87.31
9.000 - 9.499 431 60,744,901.88 4.76 360 38.77 9.198 582 87.42
9.500 - 9.999 202 28,079,690.01 2.20 359 39.26 9.676 569 84.39
10.000 - 10.499 86 10,789,180.41 0.84 359 37.53 10.195 553 78.75
10.500 - 10.999 78 8,472,968.32 0.66 357 39.86 10.709 583 83.48
11.000 - 11.499 73 6,496,509.61 0.51 347 39.74 11.153 622 91.47
11.500 - 11.999 32 2,788,777.09 0.22 348 38.41 11.722 589 86.20
12.000 - 12.499 42 3,395,387.41 0.27 358 38.48 12.149 612 94.03
12.500 - 12.999 5 392,735.22 0.03 335 35.71 12.578 639 100.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF ORIGINAL MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 25.00 10 $ 1,573,494.06 0.12 350 41.34 5.917 662 19.89
25.01 - 30.00 12 1,617,998.55 0.13 338 43.29 7.414 579 28.65
30.01 - 35.00 11 1,191,435.26 0.09 360 39.48 7.914 582 33.14
35.01 - 40.00 16 2,140,547.41 0.17 325 38.45 6.643 651 36.84
40.01 - 45.00 12 2,559,011.64 0.20 356 28.50 6.641 631 42.95
45.01 - 50.00 15 2,844,124.99 0.22 340 34.47 7.581 590 48.20
50.01 - 55.00 38 9,539,975.29 0.75 360 39.95 6.766 607 53.02
55.01 - 60.00 76 24,446,511.53 1.91 349 39.81 6.414 624 58.26
60.01 - 65.00 164 47,904,306.26 3.75 358 38.89 6.904 604 63.37
65.01 - 70.00 211 61,557,751.40 4.82 358 38.79 6.964 594 68.68
70.01 - 75.00 381 111,846,544.08 8.76 359 39.71 6.953 590 73.99
75.01 - 80.00 1,071 266,814,997.34 20.90 358 39.25 6.814 615 79.38
80.01 - 85.00 586 154,357,046.86 12.09 359 39.27 6.958 600 84.33
85.01 - 90.00 1,490 343,149,447.35 26.87 358 38.36 7.511 606 89.66
90.01 - 95.00 883 209,746,766.51 16.43 360 40.22 7.679 631 94.77
95.01 - 100.00 283 35,637,006.79 2.79 356 37.99 9.581 663 99.96
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RANGE OF FICO SCORES LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
500 - 519 345 $ 67,196,060.44 5.26 359 41.87 8.296 510 78.29
520 - 539 468 99,051,230.41 7.76 359 39.96 8.018 530 79.20
540 - 559 571 120,739,966.70 9.46 360 39.46 7.812 550 81.37
560 - 579 566 130,271,002.84 10.20 359 39.87 7.627 570 82.31
580 - 599 532 132,934,437.71 10.41 359 40.07 7.306 589 83.87
600 - 619 673 165,233,212.64 12.94 358 39.19 7.139 610 85.64
620 - 639 729 178,633,808.17 13.99 358 39.24 7.045 629 85.16
640 - 659 471 127,465,399.34 9.98 356 37.39 6.761 650 84.92
660 - 679 305 83,974,822.15 6.58 358 38.06 6.746 669 84.70
680 - 699 245 65,052,732.97 5.09 357 38.23 6.759 690 84.58
700 - 719 154 43,332,779.41 3.39 358 36.74 6.658 709 82.29
720 - 739 87 25,806,388.85 2.02 359 37.33 6.455 730 83.02
740 - 759 64 21,078,004.13 1.65 359 38.90 6.592 749 82.37
760 - 779 37 11,970,327.21 0.94 360 36.04 6.353 768 79.34
780 - 799 12 4,186,792.35 0.33 359 41.46 6.645 785 76.53
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
RANGE OF DEBT-TO- MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
INCOME RATIOS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
<= 20.00 355 $ 80,171,087.18 6.28 358 13.48 7.108 621 82.78
20.01 - 25.00 283 54,240,026.05 4.25 356 23.21 7.373 614 82.88
25.01 - 30.00 438 89,085,693.17 6.98 358 28.26 7.377 613 81.98
30.01 - 35.00 663 144,118,198.85 11.29 359 33.05 7.252 615 82.94
35.01 - 40.00 881 208,022,393.34 16.29 359 38.15 7.272 617 83.10
40.01 - 45.00 1,255 316,393,536.98 24.78 358 43.15 7.291 615 84.35
45.01 - 50.00 1,230 337,919,196.11 26.46 358 48.14 7.215 604 84.97
50.01 - 55.00 154 46,976,833.64 3.68 357 53.03 7.104 580 69.00
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
California 1,261 $ 521,186,834.72 40.82 358 40.02 6.565 620 80.59
New York 319 112,023,800.17 8.77 358 40.36 7.386 619 85.89
Florida 486 89,475,685.29 7.01 358 38.08 7.689 608 84.73
Illinois 364 72,052,281.58 5.64 359 39.47 7.879 614 86.38
Maryland 165 43,187,403.62 3.38 360 39.60 7.400 598 83.48
New Jersey 140 43,115,704.10 3.38 360 39.51 7.370 612 82.90
Michigan 310 39,817,545.33 3.12 360 38.95 8.273 590 86.30
Arizona 205 31,589,229.55 2.47 359 36.57 7.831 593 86.35
Texas 219 30,391,754.98 2.38 357 35.51 8.134 593 86.12
Nevada 124 30,259,356.50 2.37 360 39.33 7.654 602 80.96
Massachusetts 93 28,829,100.02 2.26 360 38.88 7.449 617 83.26
Georgia 135 23,672,050.02 1.85 358 35.34 7.967 611 88.68
Colorado 90 17,623,392.60 1.38 360 38.45 7.381 604 85.07
Ohio 145 16,994,439.18 1.33 357 36.89 7.987 593 87.64
Missouri 151 16,301,105.81 1.28 360 37.17 8.427 587 87.35
Washington 85 15,834,764.89 1.24 358 38.51 7.943 598 83.98
Minnesota 75 14,887,199.98 1.17 360 40.64 7.794 593 84.02
Hawaii 36 14,340,963.24 1.12 352 40.66 6.368 644 78.53
Connecticut 63 13,804,572.09 1.08 356 37.91 7.746 582 82.09
Pennsylvania 83 11,959,105.69 0.94 357 38.08 7.997 583 85.27
Other 710 89,580,675.96 7.02 357 36.87 8.076 596 86.03
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
OCCUPANCY STATUS
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
OCCUPATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
STATUS* LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 4,610 $1,175,964,887.75 92.09 358 39.82 7.188 609 83.05
Non-owner Occupied 598 87,439,108.17 6.85 357 30.18 8.157 637 86.10
Second Home 51 13,522,969.40 1.06 357 36.99 7.214 637 82.97
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
*Based on mortgagor representation at origination.
DOCUMENTATION TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
INCOME MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
DOCUMENTATION LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Full Docs 2,467 $ 578,080,268.98 45.27 358 39.17 6.836 605 81.38
Stated Docs 2,371 574,086,995.41 44.96 359 40.05 7.725 620 85.24
Limited Docs 421 124,759,700.93 9.77 358 34.72 7.029 598 82.87
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
LOAN PURPOSE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PURPOSE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Refi-Cash Out ** 2,937 $ 797,479,526.80 62.45 358 39.91 7.071 599 80.89
Purchase 2,035 419,135,381.71 32.82 359 37.76 7.638 633 88.38
Refi-No Cashout *** 287 60,312,056.81 4.72 358 38.40 7.021 615 78.94
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
** 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 % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
RISK CATEGORY LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1 3,431 $ 852,418,531.72 66.76 358 38.57 7.044 626 84.55
2 428 111,235,912.16 8.71 359 39.53 7.330 586 83.68
3 390 85,425,691.09 6.69 358 40.73 7.482 580 82.80
4 299 63,436,640.53 4.97 360 40.13 7.872 555 79.47
5 201 47,390,632.44 3.71 359 40.08 7.880 560 70.56
6 83 17,232,226.51 1.35 360 42.07 9.371 561 67.74
A+ 179 47,753,312.47 3.74 360 39.97 7.403 629 84.81
A 108 19,609,193.38 1.54 353 41.49 7.619 621 83.62
A- 36 5,494,223.36 0.43 360 34.29 8.812 556 81.63
B 26 4,589,735.57 0.36 360 40.96 8.589 570 80.31
C 25 4,699,209.34 0.37 360 42.36 9.093 539 70.15
C- 53 17,641,656.75 1.38 354 42.41 7.736 593 83.88
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
PROPERTY TYPE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
PROPERTY TYPE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 3,979 $ 962,826,806.80 75.40 358 39.27 7.202 610 82.99
PUD Detached 515 147,025,982.14 11.51 359 39.08 7.195 606 82.87
2-4 UNITS 356 91,131,294.90 7.14 358 38.74 7.671 628 86.26
Condominium 283 59,526,594.90 4.66 360 37.73 7.577 618 85.29
Manufactured/Mobile Housing 105 11,020,919.48 0.86 351 38.15 7.433 617 77.24
PUD-Attached 16 4,124,179.43 0.32 360 40.13 7.179 638 81.95
Single Family Attached 5 1,271,187.67 0.10 360 43.28 7.640 615 82.18
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CHARGE TERM
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
PREPAYMENT CHARGE NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
TERM AT ORIGINATION MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
(MOS.) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
0 1,643 $ 368,477,547.81 28.86 359 39.31 7.700 612 85.42
12 186 56,281,262.53 4.41 358 38.70 7.425 607 84.64
24 1,911 438,926,282.32 34.37 359 39.07 7.517 598 84.35
36 1,519 413,241,872.66 32.36 357 39.10 6.556 625 79.99
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
--------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL REMAINING
NUMBER OF BALANCE BALANCE TERM TO DEBT-TO- MORTGAGE
MORTGAGE AS OF THE AS OF THE MATURITY INCOME RATES
CONFORMING BALANCE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
Conforming Balance 3,359 $ 448,562,697.24 35.13 358 37.99 8.131 598 85.11
Non-Conforming Balance 1,900 828,364,268.08 64.87 359 39.75 6.780 618 82.26
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 5,259 $1,276,926,965.32 100.00 358 39.13 7.255 611 83.26
--------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MAXIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
11.000 - 11.499 71 $ 26,979,439.99 2.64 359 39.99 5.327 633 80.19
11.500 - 11.999 255 96,569,133.09 9.46 360 39.46 5.790 624 81.11
12.000 - 12.499 332 112,192,007.80 10.99 360 39.40 6.243 622 82.33
12.500 - 12.999 568 175,888,173.88 17.23 360 40.24 6.755 607 83.22
13.000 - 13.499 484 126,068,334.65 12.35 360 38.83 7.239 611 86.34
13.500 - 13.999 633 155,151,927.52 15.20 360 39.04 7.725 592 85.30
14.000 - 14.499 394 92,280,532.46 9.04 360 39.85 8.213 590 87.46
14.500 - 14.999 821 130,575,764.06 12.79 359 38.35 8.735 585 87.49
15.000 - 15.499 411 58,930,449.76 5.77 360 38.82 9.196 581 87.36
15.500 - 15.999 188 27,009,110.23 2.65 360 39.44 9.675 567 84.20
16.000 - 16.499 73 9,828,869.17 0.96 360 37.77 10.190 549 77.84
16.500 - 16.999 38 5,302,319.39 0.52 358 40.70 10.694 537 74.91
17.000 - 17.499 17 2,405,319.09 0.24 360 40.50 11.131 527 78.63
17.500 - 17.999 10 1,291,295.85 0.13 360 34.26 11.723 522 70.22
18.000 - 18.499 4 469,000.00 0.05 360 35.58 12.230 508 56.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100.00 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF MINIMUM MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MORTGAGE RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
5.000 - 5.499 71 $ 26,979,439.99 2.64 359 39.99 5.327 633 80.19
5.500 - 5.999 255 96,569,133.09 9.46 360 39.46 5.790 624 81.11
6.000 - 6.499 332 112,192,007.80 10.99 360 39.40 6.243 622 82.33
6.500 - 6.999 568 175,888,173.88 17.23 360 40.24 6.755 607 83.22
7.000 - 7.499 484 126,068,334.65 12.35 360 38.83 7.239 611 86.34
7.500 - 7.999 633 155,151,927.52 15.20 360 39.04 7.725 592 85.30
8.000 - 8.499 394 92,280,532.46 9.04 360 39.85 8.213 590 87.46
8.500 - 8.999 821 130,575,764.06 12.79 359 38.35 8.735 585 87.49
9.000 - 9.499 411 58,930,449.76 5.77 360 38.82 9.196 581 87.36
9.500 - 9.999 188 27,009,110.23 2.65 360 39.44 9.675 567 84.20
10.000 - 10.499 73 9,828,869.17 0.96 360 37.77 10.190 549 77.84
10.500 - 10.999 38 5,302,319.39 0.52 358 40.70 10.694 537 74.91
11.000 - 11.499 17 2,405,319.09 0.24 360 40.50 11.131 527 78.63
11.500 - 11.999 10 1,291,295.85 0.13 360 34.26 11.723 522 70.22
12.000 - 12.499 4 469,000.00 0.05 360 35.58 12.230 508 56.81
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
RANGE OF GROSS MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
4.500 - 4.749 46 $ 9,821,860.44 0.96 357 38.07 7.190 594 82.63
5.000 - 5.249 296 57,791,101.68 5.66 360 38.97 7.900 612 86.27
5.500 - 5.749 291 70,879,010.81 6.94 360 40.18 7.708 611 84.96
6.000 - 6.249 3,567 864,034,731.85 84.63 360 39.22 7.386 600 84.61
6.500 - 6.749 62 10,850,084.31 1.06 356 40.83 7.795 587 82.98
7.000 - 7.249 37 7,564,887.85 0.74 360 42.18 9.161 540 72.01
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100.00 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
NEXT RATE ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
NEXT RATE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2006-01 3 $ 392,582.18 0.04 349 47.96 7.393 544 81.13
2006-02 1 98,024.60 0.01 350 50.00 6.175 758 87.61
2006-03 2 522,286.89 0.05 352 34.34 5.982 616 79.47
2006-04 13 4,061,270.67 0.40 353 41.21 7.208 570 82.25
2006-05 9 1,911,510.66 0.19 354 38.19 6.836 570 77.73
2006-06 7 1,203,968.72 0.12 355 32.32 7.928 546 74.61
2006-07 5 531,131.56 0.05 356 36.94 7.511 621 86.91
2006-08 10 2,030,961.58 0.20 357 43.05 7.789 606 85.91
2006-09 20 5,359,559.08 0.52 358 41.43 6.386 624 86.45
2006-10 360 82,714,403.64 8.10 358 39.82 7.470 603 84.60
2006-11 2,160 527,955,648.05 51.71 360 39.32 7.516 598 84.67
2006-12 618 126,105,595.00 12.35 360 38.67 7.435 598 84.63
2007-02 2 133,849.94 0.01 350 36.86 9.970 580 71.38
2007-04 7 1,929,905.96 0.19 353 44.02 6.683 620 86.27
2007-05 4 916,331.95 0.09 354 26.68 6.441 637 82.60
2007-06 1 192,957.97 0.02 355 49.00 8.950 616 90.00
2007-07 1 101,288.17 0.01 356 47.00 9.275 514 79.92
2007-08 5 951,242.71 0.09 357 34.55 8.192 606 89.15
2007-09 7 1,181,692.19 0.12 358 36.64 7.014 630 86.24
2007-10 111 27,095,799.84 2.65 359 39.27 7.254 622 85.30
2007-11 746 190,031,597.58 18.61 360 39.37 7.386 606 84.18
2007-12 207 45,520,068.00 4.46 360 39.40 7.327 609 85.47
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100.00 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
2.000 4,299 $1,020,941,676.94 100 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
SUBSEQUENT PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
--------------------------------------------------------------------------------------------------------------------------------
% OF
PRINCIPAL PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO DEBT- MORTGAGE
SUBSEQUENT PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY TO-INCOME RATES
RATE CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (MONTHS) (%) (%) FICO OLTV (%)
--------------------------------------------------------------------------------------------------------------------------------
1.000 4,299 $1,020,941,676.94 100 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
TOTAL: 4,299 $1,020,941,676.94 100 360 39.30 7.453 601 84.60
--------------------------------------------------------------------------------------------------------------------------------
