-6-
EXHIBIT 99.1
The pool (the "Mortgage Pool") delivered to the trust (the "Mortgage
Loans") consists of conventional, one-to four- family, adjustable-rate and
fixed-rate mortgage loans. The Depositor purchased the Mortgage Loans from the
Seller pursuant to the Mortgage Loan Purchase Agreement, dated April 1, 2004
(the " Mortgage Loan Purchase Agreement"), between the Seller and the Depositor.
Pursuant to the Pooling and Servicing Agreement, dated as of the Cut-off Date
(the "Pooling and Servicing Agreement"), among the Depositor, the Master
Servicer and the Trustee, the Depositor caused the Mortgage Loans to be assigned
to the Trustee for the benefit of the certificateholders.
The Mortgage Loans are secured by mortgages or deeds of trust or other
similar security instruments creating first liens on residential properties (the
"Mortgaged Properties") consisting of attached, detached or semi-detached one-to
four-family dwelling units, individual condominium units or individual units in
planned unit developments and manufactured housing. The Mortgage Loans have
original terms to maturity of not greater than 30 years from the date on which
the first payment was due on each Mortgage Loan.
Each adjustable-rate Mortgage Loan will accrue interest at the
adjustable-rate calculated as specified under the terms of the related mortgage
note and each fixed-rate Mortgage Loan will have a Mortgage Rate that is fixed
for the life of such Mortgage (each such rate, a "Mortgage Rate").
Approximately 93.25% of the Mortgage Loans were originated or acquired
by Ameriquest and approximately 6.75% of the Mortgage Loans were originated by
the Seller's affiliate Town & Country Credit Corporation ("Town & Country" and
together with Ameriquest, the "Originators"), in each case, by aggregate
scheduled principal balance of the Mortgage Loans as of the Cut-off Date.
Each adjustable-rate Mortgage Loan will accrue interest at a Mortgage
Rate that is adjustable. The adjustable-rate Mortgage Loans 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"). The
first adjustment will occur after an initial period of two years after
origination. On each Adjustment Date for each adjustable-rate Mortgage Loan, the
Mortgage Rate thereon will be adjusted (subject to rounding) to equal the sum of
the applicable Index and a fixed percentage amount (the "Gross Margin"). The
Mortgage Rate on each adjustable-rate Mortgage Loan will not decrease on the
first related Adjustment Date, will not increase by more than 2.00% per annum on
the first related Adjustment Date (the "Initial Periodic Rate Cap") and will not
increase or decrease by more than 1.00% per annum on any Adjustment Date
thereafter (the "Periodic Rate Cap"). Each Mortgage Rate on each adjustable-rate
Mortgage Loan will not exceed a specified maximum Mortgage Rate over the life of
such Mortgage Loan (the "Maximum Mortgage Rate") or be less than a specified
minimum Mortgage Rate over the life of such Mortgage Loan (the "Minimum Mortgage
Rate"). Effective with the first monthly payment due on each adjustable-rate
Mortgage Loan after each related Adjustment Date, the monthly payment amount
will be adjusted to an amount that will amortize fully the outstanding principal
balance of the related Mortgage Loan over its remaining term, and pay interest
at the Mortgage Rate as so adjusted. Due to the application of the Periodic Rate
Caps and the Maximum Mortgage Rates, the Mortgage Rate on each such
adjustable-rate Mortgage Loan, as adjusted on any related Adjustment Date, may
be less than the sum of the Index and the related Gross Margin, rounded as
described herein. None of the adjustable-rate Mortgage Loans permits the related
mortgagor to convert the adjustable Mortgage Rate thereon to a fixed Mortgage
Rate.
The Mortgage Loans have scheduled monthly payments due on the first day
of the month (with respect to each Mortgage Loan, a "Due Date"). Each Mortgage
Loan contains a customary "due-on-sale" clause which provides that (subject to
state and federal restrictions) the Mortgage Loan must be repaid at the time of
sale of the related Mortgaged Property or with the consent of the holder of the
mortgage note assumed by a creditworthy purchaser of the related Mortgaged
Property.
None of the Mortgage Loans are Buydown Mortgage Loans.
For purposes of calculating interest and principal distributions on the
Class A Certificates, the Mortgage Loans will be divided into two loan groups,
designated as the "Group I Mortgage Loans" and the "Group II 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 Xxxxxxx
Mac and Xxxxxx Mae loan limits and the Group II Mortgage Loans will consist of
adjustable-rate and fixed-rate mortgage loans with principal balances at
origination that may or may not conform to Xxxxxxx Mac or Xxxxxx Mae loan
limits.
-7-
Approximately 78.46% of the Group I Mortgage Loans and approximately
73.31% of the Group II Mortgage Loans, in each case by aggregate scheduled
principal balances of the related Loan Group as of the Cut-off Date, provide for
payment by the mortgagor of a prepayment charge on certain principal
prepayments, subject to certain limitations in the related mortgage note and
limitations upon collection in the Pooling and Servicing Agreement. Generally,
each such Mortgage Loan will provide 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.
Group I Mortgage Loan Statistics
The Group I Mortgage Loans consist of 3,341 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $519,999,864.77, after application of scheduled
payments due on or before the Cut-off Date whether or not received and
application of all unscheduled payments of principal received prior to the
Closing Date. None of the Group I Mortgage Loans had a first Due Date prior to
September 2003 or after May 2004, or will have a remaining term to stated
maturity of less than 118 months or greater than 360 months as of the Cut-off
Date. The latest maturity date of any Group I Mortgage Loan is April 2034.
-8-
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COLLATERAL TYPE
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PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 2,238 $ 337,999,585.33 65.00% 355 40.30 8.06 596 80.14
Fixed Rate 1,103 182,000,279.44 35.00 335 37.69 6.57 669 76.85
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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PRINCIPAL BALANCES AT ORIGINATION
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REMAINING
RANGE OF NUMBER OF % OF PRINCIPAL TERM TO GROSS
PRINCIPAL BALANCES MORTGAGE PRINCIPAL BALANCE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
AT ORIGINATION ($) LOANS AS OF ORIGINATION ORIGINATION (months)* (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 796 $ 68,463,692.00 13.14% 343 37.79 8.24 603 76.47
100,000.01 - 150,000.00 1,092 136,306,325.00 26.15 344 38.38 7.72 615 78.28
150,000.01 - 200,000.00 671 116,391,773.00 22.33 349 38.96 7.50 622 78.68
200,000.01 - 250,000.00 421 93,892,309.00 18.01 352 40.22 7.32 623 79.76
250,000.01 - 300,000.00 235 64,356,410.00 12.35 353 41.54 7.15 634 80.15
300,000.01 - 350,000.00 108 34,449,838.00 6.61 350 41.38 7.14 635 82.82
350,000.01 - 400,000.00 8 2,946,150.00 0.57 357 40.85 6.54 689 84.12
400,000.01 - 450,000.00 7 2,927,700.00 0.56 340 40.00 6.21 701 79.17
450,000.01 - 500,000.00 2 934,500.00 0.18 358 40.30 7.26 664 86.65
500,000.01 - 550,000.00 1 523,000.00 0.10 358 46.00 6.25 759 82.36
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Total: 3,341 $ 521,191,697.00 100.00% 348 39.39 7.54 621 78.99
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*Based on the original balances of the Mortgage Loans.
-9-
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PRINCIPAL BALANCE AS OF THE CUT-OFF DATE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF PRINCIPAL BALANCES MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
AS OF THE CUT-OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.00 or less 1 $ 41,193.45 0.01% 176 45 9.4 579 55.83
50,000.01-100,000.00 799 68,643,627.47 13.20 343 37.78 8.24 603 76.45
100,000.01-150,000.00 1,089 135,720,871.16 26.10 344 38.39 7.72 615 78.31
150,000.01-200,000.00 671 116,192,338.62 22.34 349 38.97 7.50 622 78.67
200,000.01-250,000.00 420 93,489,795.32 17.98 352 40.21 7.32 623 79.78
250,000.01-300,000.00 235 64,223,711.28 12.35 353 41.54 7.16 634 80.15
300,000.01-350,000.00 108 34,381,192.53 6.61 350 41.38 7.14 635 82.82
350,000.01-400,000.00 9 3,337,364.12 0.64 342 41.82 6.53 695 83.58
400,000.01-450,000.00 6 2,514,726.67 0.48 357 38.55 6.16 694 79.09
450,000.01-500,000.00 2 933,039.24 0.18 358 40.30 7.26 664 86.65
500,001.00 - 550,000.00 1 522,004.91 0.10 358 46.00 6.25 759 82.36
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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STATED REMAINING TERM TO MATURITY
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
60 - 120 6 $ 689,592.23 0.13% 118 38.11 5.78 705 78.95
121 - 180 117 14,688,913.34 2.82 177 36.25 6.93 660 71.62
181 - 240 119 17,842,776.09 3.43 237 38.40 6.74 667 76.90
241 - 300 23 3,193,707.21 0.61 299 32.80 6.21 678 78.06
301 - 360 3,076 483,584,875.90 93.00 358 39.57 7.60 618 79.30
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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-10-
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MORTGAGE RATE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF CURRENT MORTGAGE MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 9 $ 1,923,894.51 0.37% 358 39.29 5.32 695 78.64
5.500-5.999 504 91,584,215.11 17.61 338 36.84 5.77 696 78.09
6.000-6.499 257 45,441,746.45 8.74 343 38.09 6.20 654 79.31
6.500-6.999 518 85,097,434.58 16.36 349 38.92 6.79 641 80.39
7.000-7.499 227 36,100,335.48 6.94 352 39.88 7.24 608 79.77
7.500-7.999 584 88,561,263.92 17.03 348 40.19 7.76 600 79.30
8.000-8.499 171 25,527,020.92 4.91 353 39.29 8.26 581 76.73
8.500-8.999 500 70,213,779.55 13.50 353 40.47 8.76 580 78.56
9.000-9.499 144 19,729,823.19 3.79 354 41.33 9.25 577 79.30
9.500-9.999 252 34,744,549.56 6.68 354 42.30 9.75 567 78.60
10.000-10.499 57 6,990,628.50 1.34 354 40.14 10.23 572 77.59
10.500-10.999 76 8,689,433.71 1.67 357 43.30 10.74 566 79.87
11.000-11.499 11 1,555,752.00 0.30 358 35.92 11.21 571 76.33
11.500-11.999 23 2,510,519.52 0.48 342 37.22 11.70 562 77.93
12.000-12.499 2 426,613.24 0.08 359 48.37 12.33 608 77.09
12.500-12.999 6 902,854.53 0.17 358 38.05 12.62 571 78.04
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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ORIGINAL LOAN-TO-VALUE RATIOS
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
25.000 or less 11 $ 999,897.98 0.19% 338 33.92 6.78 646 19.85
25.001 - 30.000 8 1,126,422.02 0.22 347 37.77 7.44 643 28.80
30.001 - 35.000 20 2,407,893.35 0.46 307 33.28 7.29 639 33.28
35.001 - 40.000 25 3,195,476.72 0.61 346 37.12 7.04 636 37.74
40.001 - 45.000 40 5,581,162.43 1.07 332 37.03 7.19 637 42.56
45.001 - 50.000 44 6,285,502.11 1.21 330 37.38 7.08 630 47.65
50.001 - 55.000 69 10,224,591.93 1.97 335 37.25 7.00 630 52.84
55.001 - 60.000 119 17,521,530.46 3.37 337 37.19 7.43 617 57.64
60.001 - 65.000 142 21,891,815.49 4.21 346 37.65 7.52 608 63.28
65.001 - 70.000 188 30,895,488.24 5.94 350 38.53 7.45 614 68.07
70.001 - 75.000 475 68,987,757.24 13.27 351 40.55 8.30 584 73.73
75.001 - 80.000 398 59,693,359.79 11.48 348 38.52 7.50 625 78.62
80.001 - 85.000 646 99,977,134.98 19.23 349 39.73 7.82 606 83.83
85.001 - 90.000 1,059 173,626,670.15 33.39 349 40.11 7.31 637 89.03
90.001 - 95.000 97 17,585,161.88 3.38 353 38.95 6.49 692 92.61
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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-11-
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FICO SCORE AT ORIGINATION
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 20 $ 2,238,159.34 0.43% 358 38.61 8.847 515 69.30
520-539 318 46,260,294.33 8.90 357 42.01 8.798 530 74.25
540-559 388 55,056,529.37 10.59 355 40.95 8.706 550 75.40
560-579 400 59,916,951.84 11.52 353 40.22 8.255 570 79.60
580-599 399 57,551,673.20 11.07 352 40.08 8.293 590 80.54
600-619 307 47,440,514.26 9.12 350 39.47 7.765 611 79.08
620-639 401 62,339,332.18 11.99 347 39.28 7.185 630 80.89
640-659 309 51,165,968.67 9.84 346 38.10 6.915 650 80.13
660-679 248 42,911,735.05 8.25 339 38.90 6.603 670 80.79
680-699 155 26,562,942.46 5.11 344 39.79 6.426 690 80.39
700-719 151 26,660,593.32 5.13 334 36.82 6.297 707 80.82
720-739 74 12,399,824.42 2.38 343 37.97 6.099 731 80.37
740-759 81 14,422,931.66 2.77 334 36.83 6.025 749 79.23
760-779 49 8,514,074.85 1.64 331 32.78 6.080 768 79.47
780-799 35 5,669,731.56 1.09 334 33.65 6.109 786 71.97
800-819 6 888,608.26 0.17 321 34.80 5.966 804 61.43
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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DEBT-TO-INCOME RATIO
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
20.000 or less 202 $ 28,278,435.83 5.44% 345 14.11 7.389 631 74.68
20.001-25.000 188 26,167,069.94 5.03 342 23.19 7.156 638 76.33
25.001-30.000 298 44,762,069.08 8.61 341 28.22 7.222 639 78.92
30.001-35.000 400 60,157,735.96 11.57 347 33.02 7.459 625 78.56
35.001-40.000 493 76,533,547.92 14.72 350 38.03 7.416 622 78.82
40.001-45.000 646 102,836,866.37 19.78 350 43.14 7.600 621 79.46
45.001-50.000 905 149,181,832.13 28.69 348 48.09 7.574 621 80.90
50.001-55.000 209 32,082,307.54 6.17 355 53.17 8.640 567 75.92
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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-12-
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GEOGRAPHIC DISTRIBUTION
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
STATE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 531 $102,789,717.21 19.77% 350 38.95 7.106 629 75.37
Florida 488 64,590,880.66 12.42 350 39.96 7.634 606 80.53
New York 183 40,360,324.73 7.76 344 39.50 7.031 655 73.34
Massachusetts 187 37,527,785.77 7.22 353 40.36 7.633 614 74.42
Michigan 218 29,056,548.75 5.59 351 39.13 7.783 608 82.28
Pennsylvania 137 18,557,398.34 3.57 340 40.22 7.451 620 83.55
Minnesota 120 18,553,883.32 3.57 350 40.39 7.838 617 82.27
Rhode Island 106 17,559,803.82 3.38 350 39.49 7.362 617 74.75
Connecticut 109 17,427,659.42 3.35 347 38.96 7.597 609 79.66
Maryland 110 17,332,568.60 3.33 342 38.30 7.158 642 82.29
Illinois 102 15,145,385.33 2.91 352 38.64 7.886 625 82.09
Wisconsin 101 14,507,819.42 2.79 350 40.09 8.118 621 81.58
Texas 102 11,982,932.44 2.30 336 40.57 8.170 613 79.40
Colorado 65 11,414,249.83 2.20 358 39.77 7.374 617 83.46
Washington 62 10,139,498.26 1.95 350 38.47 7.442 631 81.71
Georgia 60 7,626,777.72 1.47 339 37.68 8.580 622 82.14
Alabama 63 7,120,134.80 1.37 341 39.10 8.412 618 83.99
Arizona 56 6,977,833.99 1.34 350 38.59 7.544 627 82.99
New Hampshire 43 6,454,510.61 1.24 355 40.35 7.347 625 75.70
Indiana 56 6,408,580.75 1.23 356 37.60 7.756 597 85.08
Other 442 58,465,571.00 11.24 341 39.09 7.955 612 81.81
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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-13-
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OCCUPANCY STATUS
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 3,138 $ 487,939,509.80 93.83% 348 39.90 7.57 619 79.15
Non-Owner Occupied 155 24,756,233.12 4.76 350 29.73 7.14 657 75.60
Second Home 48 7,304,121.85 1.40 354 38.05 7.36 634 80.23
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Total: 3,341 $ 519,999,864.77 100.00% 348 39.39 7.54 621 78.99
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*Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Documentation 2,160 $330,199,605.60 63.50% 345 39.33 7.410 623 80.30
Stated Documentation 758 119,197,879.83 22.92 352 40.15 7.916 620 74.84
Limited Documentation 423 70,602,379.34 13.58 354 38.37 7.564 615 79.88
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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LOAN PURPOSE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
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Refinance-Debt
Consolidation Cash Out** 2,959 $467,048,215.63 89.82% 348 39.38 7.553 620 78.82
Refinance-Debt
Consolidation No Cash Out*** 373 51,708,273.09 9.94 346 39.58 7.458 634 80.32
Purchase 9 1,243,376.05 0.24 358 33.41 8.820 624 86.64
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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** 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.
-14-
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CREDIT GRADE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 277 $ 47,026,667.41 9.04% 334 35.32 6.044 748 78.06
7A 243 42,651,920.46 8.20 340 38.73 6.258 696 80.99
6A 223 38,940,531.52 7.49 339 38.82 6.471 670 81.16
5A 257 42,783,749.63 8.23 347 38.42 6.764 650 80.40
4A 318 50,164,939.65 9.65 348 38.93 6.924 636 81.83
3A 212 33,142,940.86 6.37 349 39.50 7.300 619 79.90
2A 589 88,687,669.75 17.06 350 39.21 7.876 592 82.01
A 311 46,145,261.19 8.87 355 40.09 8.538 581 81.95
B 557 78,963,467.62 15.19 354 42.53 8.849 551 76.35
C 325 48,016,986.52 9.23 355 40.37 8.728 564 69.09
D 29 3,475,730.16 0.67 355 36.80 9.241 546 56.49
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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PROPERTY TYPE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 2,825 $434,358,197.75 83.53% 348 39.34 7.572 619 79.48
Two-to Four Family 204 41,096,033.92 7.90 350 39.76 7.405 643 74.32
Condominium 129 19,591,293.42 3.77 352 39.18 7.269 624 77.25
PUD Detached 90 13,899,508.54 2.67 349 41.13 7.829 608 82.03
Manufactured Housing 58 6,617,294.89 1.27 340 37.66 7.110 627 72.21
Single Family Attached 26 3,122,991.46 0.60 334 37.51 7.398 627 81.57
PUD Attached 9 1,314,544.79 0.25 336 40.26 7.448 634 84.41
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Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
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PREPAYMENT CHARGE TERM
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 746 $111,986,876.83 21.54% 347 39.16 7.980 622 79.62
12 247 48,821,265.98 9.39 346 39.34 6.811 652 74.12
24 10 1,622,889.31 0.31 358 42.63 8.248 560 69.73
30 10 2,112,644.49 0.41 342 41.99 8.033 582 79.80
36 2,328 355,456,188.16 68.36 348 39.44 7.505 617 79.50
-----------------------------------------------------------------------------------------------------------------------------------
Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
-----------------------------------------------------------------------------------------------------------------------------------
-15-
-----------------------------------------------------------------------------------------------------------------------------------
CONFORMING BALANCE
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
-----------------------------------------------------------------------------------------------------------------------------------
Total: 3,341 $519,999,864.77 100.00% 348 39.39 7.547 621 78.99
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MAXIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000-11.499 7 $ 1,485,845.13 0.44% 358 38.77 5.326 700 81.43
11.500-11.999 88 16,015,837.21 4.74 357 38.44 5.899 658 82.22
12.000-12.499 91 17,177,869.77 5.08 354 39.15 6.245 646 84.69
12.500-12.999 314 52,198,259.06 15.44 356 39.13 6.819 626 82.36
13.000-13.499 175 28,213,446.30 8.35 355 40.02 7.244 601 80.04
13.500-13.999 443 67,513,861.04 19.97 353 40.52 7.764 592 80.28
14.000-14.499 146 22,307,472.76 6.60 355 39.80 8.271 579 77.79
14.500-14.999 448 63,106,669.33 18.67 354 40.60 8.770 576 79.04
15.000-15.499 131 17,934,082.83 5.31 355 41.74 9.247 573 78.82
15.500-15.999 232 32,334,986.59 9.57 356 42.12 9.749 565 78.25
16.000-16.499 51 6,252,737.86 1.85 355 40.26 10.240 570 78.58
16.500-16.999 73 8,324,354.92 2.46 358 43.60 10.732 566 79.68
17.000-17.499 11 1,555,752.00 0.46 358 35.92 11.214 571 76.33
17.500-17.999 20 2,248,942.76 0.67 340 36.54 11.694 563 78.18
18.000-18.499 2 426,613.24 0.13 359 48.37 12.331 608 77.09
18.500-18.999 6 902,854.53 0.27 358 38.05 12.627 571 78.04
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
-16-
-----------------------------------------------------------------------------------------------------------------------------------
MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MINIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 7 $ 1,485,845.13 0.44% 358 38.77 5.326 700 81.43
5.500-5.999 88 16,015,837.21 4.74 357 38.44 5.899 658 82.22
6.000-6.499 91 17,177,869.77 5.08 354 39.15 6.245 646 84.69
6.500-6.999 314 52,198,259.06 15.44 356 39.13 6.819 626 82.36
7.000-7.499 175 28,213,446.30 8.35 355 40.02 7.244 601 80.04
7.500-7.999 443 67,513,861.04 19.97 353 40.52 7.764 592 80.28
8.000-8.499 146 22,307,472.76 6.60 355 39.80 8.271 579 77.79
8.500-8.999 448 63,106,669.33 18.67 354 40.60 8.770 576 79.04
9.000-9.499 131 17,934,082.83 5.31 355 41.74 9.247 573 78.82
9.500-9.999 232 32,334,986.59 9.57 356 42.12 9.749 565 78.25
10.000-10.499 51 6,252,737.86 1.85 355 40.26 10.240 570 78.58
10.500-10.999 73 8,324,354.92 2.46 358 43.60 10.732 566 79.68
11.000-11.499 11 1,555,752.00 0.46 358 35.92 11.214 571 76.33
11.500-11.999 20 2,248,942.76 0.67 340 36.54 11.694 563 78.18
12.000-12.499 2 426,613.24 0.13 359 48.37 12.331 608 77.09
12.500-12.999 6 902,854.53 0.27 358 38.05 12.627 571 78.04
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RANGE OF GROSS MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
3.750-3.999 2 $ 209,551.59 0.06% 358 29.08 6.990 697 88.77
4.000-4.249 2 273,487.00 0.08 358 46.26 6.559 668 83.56
4.250-4.499 2 179,830.45 0.05 359 28.22 6.827 748 89.90
4.500-4.749 6 797,772.99 0.24 358 41.73 5.889 738 89.84
4.750-4.999 56 9,454,201.84 2.80 353 34.25 6.517 720 87.64
5.000-5.249 89 15,463,414.75 4.57 353 41.91 6.725 689 87.15
5.250-5.499 71 11,256,827.34 3.33 354 40.53 7.096 666 85.99
5.500-5.749 127 21,391,532.46 6.33 357 38.89 7.179 645 83.21
5.750-5.999 210 33,297,534.83 9.85 356 40.13 7.277 625 83.94
6.000-6.249 655 98,266,827.39 29.07 354 39.54 7.887 592 82.26
6.250-6.499 265 38,470,251.35 11.38 356 40.36 8.676 576 82.36
6.500-6.749 506 72,753,932.11 21.52 355 42.19 8.869 550 75.69
6.750-6.999 247 36,184,421.23 10.71 357 40.36 8.908 561 68.60
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
-17-
-----------------------------------------------------------------------------------------------------------------------------------
NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
NEXT ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
September 2005 123 $ 18,840,204.35 5.57% 351 40.78 8.959 582 75.27
October 2005 8 1,201,828.70 0.36 354 41.29 9.391 580 84.44
November 2005 83 11,703,970.27 3.46 351 40.68 8.824 590 81.92
December 2005 32 5,298,004.63 1.57 345 41.59 8.612 591 79.70
January 2006 166 26,383,319.07 7.81 352 39.80 7.953 611 82.75
February 2006 1,336 208,600,553.48 61.72 355 40.01 7.967 595 80.38
March 2006 282 42,210,873.83 12.49 356 40.56 7.678 594 79.13
April 2006 208 23,760,831.00 7.03 357 42.08 8.511 599 79.85
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
Total: 2,238 $337,999,585.33 100.00% 355 40.30 8.068 596 80.14
-----------------------------------------------------------------------------------------------------------------------------------
Group II Mortgage Loan Statistics
The Group II Mortgage Loans consist of 1,582 adjustable-rate and
fixed-rate Mortgage Loans having an aggregate principal balance as of the
Cut-off Date of approximately $280,000,720.55, 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
Closing Date. None of the Group II Mortgage Loans had a first Due Date prior to
October 2003 or after May 2004, or will have a remaining term to stated maturity
of less than 118 months or greater than 360 months as of the Cut-off Date. The
latest maturity date of any Group II Mortgage Loan is April 2034.
-18-
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL TYPE
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL REMAINING
NUMBER OF BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
COLLATERAL TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2-yr Fixed / Adjustable-Rate 1,113 $182,005,383.70 65.00% 355 39.80 8.008 595 78.23
Fixed Rate 469 97,995,336.85 35.00 342 37.65 6.579 667 73.93
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
RANGE OF NUMBER OF % OF PRINCIPAL TERM TO GROSS
PRINCIPAL BALANCES MORTGAGE PRINCIPAL BALANCE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
AT ORIGINATION ($) LOANS AS OF ORIGINATION ORIGINATION (months)* (%)* (%)* FICO* (%)*
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 847 $60,061,384.00 21.40% 339 37.10 8.652 594 71.87
100,000.01 - 150,000.00 162 19,728,032.00 7.03 348 39.41 8.287 580 76.94
150,000.01 - 200,000.00 125 21,947,369.00 7.82 350 39.11 7.604 596 79.38
200,000.01 - 250,000.00 74 16,563,716.00 5.90 353 42.06 7.987 586 80.16
250,000.01 - 300,000.00 34 9,309,660.00 3.32 354 40.73 7.796 593 81.99
300,000.01 - 350,000.00 53 17,802,438.00 6.34 352 39.37 7.248 615 83.06
350,000.01 - 400,000.00 83 30,993,192.00 11.04 355 40.69 7.439 627 79.72
400,000.01 - 450,000.00 58 24,691,533.00 8.80 353 40.28 6.793 644 83.10
450,000.01 - 500,000.00 34 16,182,829.00 5.77 347 37.68 6.689 658 74.44
500,000.01 - 550,001.00 53 27,801,491.00 9.91 356 39.30 6.713 654 78.17
550,000.01 - 600,000.00 51 29,844,354.00 10.64 357 38.65 6.628 644 72.59
600,000.01 - 650,001.00 2 1,240,300.00 0.44 358 41.86 5.627 722 62.44
650,000.01 - 700,000.00 2 1,360,000.00 0.48 358 30.47 5.624 699 40.25
700,000.01 - 750,000.00 2 1,500,000.00 0.53 358 27.50 5.575 722 56.10
750,000.01 - 800,000.00 1 760,000.00 0.27 358 37.00 5.500 776 63.33
800,000.01 - 850,000.00 1 825,000.00 0.29 358 50.00 5.500 785 63.46
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,611,298.00 100.00% 350 39.05 7.507 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
*Based on the original balances of the Mortgage Loans.
-19-
-----------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL BALANCES AS OF THE CUT-OFF DATE
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF PRINCIPAL BALANCES MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
AS OF THE CUT-OFF DATE ($) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 847 $59,911,087.13 21.40% 340 37.10 8.653 594 71.87
100,000.01 - 150,000.00 162 19,690,608.43 7.03 348 39.41 8.287 580 76.94
150,000.01 - 200,000.00 126 22,099,267.30 7.89 348 38.92 7.607 596 79.34
200,000.01 - 250,000.00 73 16,331,402.40 5.83 355 42.36 7.987 587 80.22
250,000.01 - 300,000.00 34 9,294,084.68 3.32 355 40.73 7.796 593 81.98
300,000.01 - 350,000.00 55 18,459,041.08 6.59 352 39.68 7.255 616 83.31
350,000.01 - 400,000.00 81 30,234,507.78 10.80 355 40.53 7.441 627 79.48
400,000.01 - 450,000.00 58 24,640,376.00 8.80 353 40.28 6.793 644 83.10
450,000.01 - 500,000.00 34 16,136,383.34 5.76 347 37.68 6.690 658 74.44
500,000.01 - 550,001.00 54 28,294,772.97 10.11 356 39.51 6.753 651 78.04
550,000.01 - 600,000.00 50 29,239,467.95 10.44 357 38.44 6.589 646 72.62
600,000.01 - 650,001.00 2 1,237,642.36 0.44 358 41.86 5.627 722 62.44
650,000.01 - 700,000.00 2 1,357,016.99 0.48 358 30.47 5.624 699 40.25
700,000.01 - 750,000.00 2 1,496,754.60 0.53 358 27.50 5.575 721 56.10
750,000.01 - 800,000.00 1 758,332.45 0.27 358 37.00 5.500 776 63.33
800,000.01 - 850,000.00 1 819,975.09 0.29 358 50.00 5.500 785 63.46
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
STATED REMAINING TERM TO MATURITY
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RANGE OF MONTHS REMAINING LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
60 - 120 7 $ 456,025.53 0.16% 118 31.67 6.949 637 55.54
121 - 180 65 6,830,680.75 2.44 177 33.55 7.176 660 74.62
181 - 240 56 5,961,041.19 2.13 238 40.35 7.602 630 76.28
241 - 300 3 1,034,313.49 0.37 300 42.73 6.579 672 57.20
301 - 360 1,451 265,718,659.59 94.90 358 39.16 7.519 618 76.90
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-20-
-----------------------------------------------------------------------------------------------------------------------------------
MORTGAGE RATE
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF CURRENT MORTGAGE MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RATES (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 4 $ 1,453,740.86 0.52% 358 42.41 5.328 722 80.69
5.500-5.999 191 62,503,364.30 22.32 350 37.28 5.722 699 75.80
6.000-6.499 75 21,825,625.43 7.79 346 37.52 6.195 640 80.55
6.500-6.999 173 39,474,131.76 14.10 350 38.19 6.756 639 79.43
7.000-7.499 77 14,504,702.37 5.18 354 40.05 7.269 596 76.32
7.500-7.999 290 50,691,386.37 18.10 349 39.58 7.740 592 76.04
8.000-8.499 93 14,995,939.00 5.36 352 40.90 8.224 580 75.06
8.500-8.999 248 30,681,000.71 10.96 352 40.23 8.751 575 76.32
9.000-9.499 78 8,008,438.27 2.86 350 40.81 9.258 563 74.67
9.500-9.999 167 18,550,035.55 6.62 351 40.96 9.767 565 75.71
10.000-10.499 46 4,699,947.45 1.68 352 39.19 10.296 559 75.35
10.500-10.999 78 6,683,268.75 2.39 349 41.07 10.745 556 74.37
11.000-11.499 23 1,695,400.50 0.61 346 37.65 11.223 566 77.56
11.500-11.999 26 2,786,191.51 1.00 358 41.42 11.768 547 74.44
12.000-12.499 8 928,478.97 0.33 359 33.13 12.212 578 80.37
12.500-12.999 5 519,068.75 0.19 355 47.80 12.637 565 75.01
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
ORIGINAL LOAN-TO-VALUE RATIOS
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF ORIGINAL MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
LOAN-TO-VALUE RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
25.000 or less 13 $ 1,809,828.74 0.65% 358 35.02 6.265 658 21.62
25.001-30.000 18 1,799,142.57 0.64 318 38.69 7.866 594 27.87
30.001-35.000 10 1,237,444.29 0.44 298 43.72 7.729 611 32.79
35.001-40.000 24 4,751,692.04 1.70 346 35.28 6.908 624 37.85
40.001-45.000 21 3,214,225.81 1.15 339 34.54 7.883 614 42.22
45.001-50.000 54 6,170,598.46 2.20 340 35.03 7.262 619 48.07
50.001-55.000 40 6,216,212.13 2.22 353 37.36 7.461 627 52.65
55.001-60.000 68 7,908,611.59 2.82 346 34.36 7.685 586 58.11
60.001-65.000 86 14,987,524.01 5.35 354 38.60 7.326 626 62.70
65.001-70.000 111 18,594,715.07 6.64 353 39.35 7.514 608 67.88
70.001-75.000 299 44,319,763.73 15.83 354 39.58 8.259 584 73.64
75.001-80.000 179 32,627,806.21 11.65 344 37.01 7.664 616 78.62
80.001-85.000 255 49,306,711.95 17.61 355 40.07 7.723 607 83.61
85.001-90.000 346 76,100,836.71 27.18 351 40.27 7.129 643 88.92
90.001-95.000 58 10,955,607.24 3.91 335 39.65 6.208 707 94.38
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-21-
-----------------------------------------------------------------------------------------------------------------------------------
FICO SCORE AT ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RANGE OF FICO SCORES LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
500-519 97 $ 13,266,409.76 4.74% 352 42.07 8.747 511 67.47
520-539 199 24,615,991.16 8.79 354 40.64 8.867 531 71.38
540-559 195 24,453,872.90 8.73 352 39.85 9.066 549 74.35
560-579 190 31,312,513.45 11.18 354 39.25 8.168 569 75.69
580-599 199 31,119,310.04 11.11 351 40.25 8.119 589 78.90
600-619 140 23,401,875.42 8.36 352 36.80 7.502 610 78.17
620-639 141 27,914,900.74 9.97 349 37.61 7.329 631 80.08
640-659 112 23,711,897.59 8.47 354 40.91 6.750 650 77.47
660-679 91 22,916,698.91 8.18 342 38.05 6.466 672 78.06
680-699 68 14,648,548.25 5.23 349 36.45 6.431 690 82.80
700-719 54 14,532,031.35 5.19 347 41.93 6.206 706 79.48
720-739 31 9,179,632.25 3.28 349 34.42 6.007 731 72.36
740-759 34 8,553,343.14 3.05 352 38.51 5.772 747 82.38
760-779 23 7,658,591.28 2.74 338 37.71 5.870 770 74.59
780-799 7 2,640,173.44 0.94 322 31.94 5.676 786 70.26
800-819 1 74,930.87 0.03 359 45.00 6.400 808 48.73
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
DEBT-TO-INCOME RATIO
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
RANGE OF DEBT-TO-INCOME MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RATIOS (%) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
20.000 or less 132 $ 20,535,131.22 7.33% 350 14.61 7.430 615 74.08
20.001-25.000 97 15,148,915.32 5.41 334 22.86 7.478 628 74.85
25.001-30.000 150 21,559,089.40 7.70 349 27.95 7.412 619 69.49
30.001-35.000 186 34,316,579.32 12.26 352 33.04 7.080 645 75.78
35.001-40.000 226 37,220,142.31 13.29 353 37.86 7.498 623 79.52
40.001-45.000 284 51,910,064.05 18.54 347 42.94 7.573 621 77.30
45.001-50.000 362 75,198,403.15 26.86 352 48.31 7.440 622 79.25
50.001-55.000 145 24,112,395.78 8.61 355 53.06 8.371 573 74.54
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
-----------------------------------------------------------------------------------------------------------------------------------
-22-
-----------------------------------------------------------------------------------------------------------------------------------
GEOGRAPHIC DISTRIBUTION
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
STATE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
California 265 $ 85,573,523.65 30.56% 355 39.56 6.762 637 77.13
Florida 258 28,377,464.27 10.13 347 37.79 7.826 607 75.59
New York 78 25,020,546.89 8.94 355 41.97 7.453 624 73.52
Massachusetts 67 19,591,492.59 7.00 354 41.40 7.565 621 76.11
Michigan 102 12,734,373.52 4.55 344 34.53 7.779 607 77.94
Maryland 46 11,184,110.92 3.99 357 38.90 7.149 616 78.11
Pennsylvania 64 9,056,190.10 3.23 341 39.13 7.438 615 79.75
Texas 75 8,535,750.39 3.05 340 37.98 8.713 596 76.29
Illinois 57 8,229,842.15 2.94 356 35.77 8.006 619 74.11
Connecticut 31 6,778,073.04 2.42 345 39.57 7.416 633 75.05
Minnesota 35 5,973,956.87 2.13 342 40.63 7.486 620 79.73
Washington 24 4,895,980.83 1.75 348 31.58 7.581 655 75.22
Wisconsin 38 4,850,309.20 1.73 350 38.29 8.304 623 76.63
Missouri 40 4,731,134.30 1.69 356 40.67 8.395 590 82.32
Colorado 22 4,244,569.92 1.52 346 43.37 6.930 657 78.42
Alabama 45 3,976,192.26 1.42 339 40.21 9.040 600 80.08
Indiana 41 3,816,393.80 1.36 340 34.63 8.477 579 76.14
Georgia 28 3,620,716.18 1.29 349 45.29 8.785 577 79.43
Rhode Island 16 2,946,411.83 1.05 352 41.90 8.053 592 73.64
Tennessee 30 2,629,578.41 0.94 326 35.93 8.314 596 76.28
Other 220 23,234,109.43 8.30 344 37.21 8.303 600 77.34
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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-23-
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OCCUPANCY STATUS
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
OCCUPATION STATUS* LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
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Owner Occupied 1,496 $266,371,021.26 95.13% 350 39.25 7.524 618 76.83
Non-Owner Occupied 60 8,858,376.38 3.16 342 32.26 7.274 659 77.07
Second Home 26 4,771,322.91 1.70 355 40.07 7.046 648 70.07
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Total 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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*Based on mortgagor representation at origination.
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DOCUMENTATION TYPE
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
INCOME DOCUMENTATION LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Full Documentation 1,059 $187,313,061.63 66.90% 349 38.79 7.381 622 76.94
Stated Documentation 325 54,243,030.45 19.37 353 40.68 7.942 619 74.85
Limited Documentation 198 38,444,628.47 13.73 350 37.99 7.512 614 78.35
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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LOAN PURPOSE
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
PURPOSE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
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Refinance-Debt 1,451 $254,894,755.09 91.03% 351 39.09 7.571 616 76.72
Consolidation Cash Out**
Refinance-Debt 125 24,223,670.98 8.65 347 38.41 6.855 659 76.62
Consolidation No Cash Out***
Purchase 6 882,294.48 0.32 343 44.41 7.275 633 81.43
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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** Cash proceeds to the borrower inclusive of debt consolidation
payments exceed 2% or $2,000 of the original principal balance of the
related loan. Also includes all home equity loans originated in Texas
with any cash proceeds.
*** Cash proceeds to the borrower inclusive of debt consolidation
payments do not exceed 2% or $2,000 of the original principal balance of
the related loan. Excludes home equity loans originated in Texas with
any cash proceeds.
-24-
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CREDIT GRADE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
RISK CATEGORY LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
8A 101 $ 29,509,161.97 10.54% 344 36.09 5.764 749 75.12
7A 104 24,640,045.92 8.80 348 39.65 6.322 697 81.90
6A 81 21,370,091.43 7.63 345 38.09 6.388 672 77.78
5A 82 19,396,730.36 6.93 352 40.50 6.460 651 76.66
4A 98 20,962,400.76 7.49 353 37.76 7.054 634 80.49
3A 91 16,937,197.48 6.05 352 37.19 7.099 618 79.78
2A 309 53,443,159.85 19.09 351 39.61 7.695 594 79.20
A 129 19,534,991.37 6.98 350 37.44 8.819 576 79.83
B 317 41,670,641.76 14.88 354 41.22 8.946 548 73.88
C 249 30,615,632.58 10.93 353 40.34 8.888 547 68.05
D 21 1,920,667.07 0.69 335 36.30 9.342 542 55.67
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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PROPERTY TYPE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
PROPERTY TYPE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Single Family Detached 1,352 $237,985,158.75 84.99% 350 38.98 7.539 619 76.61
PUD Detached 49 14,072,183.06 5.03 352 41.75 7.174 616 80.89
Two-to Four-Family 57 13,160,885.73 4.70 354 39.77 7.296 632 73.84
Condominium 55 9,437,532.06 3.37 343 36.91 7.268 631 81.50
Manufactured Housing 52 3,946,256.00 1.41 336 35.95 7.742 622 66.65
Single Family Attached 14 1,115,646.21 0.40 327 39.11 8.507 586 77.72
PUD Attached 3 283,058.74 0.10 357 45.08 8.003 589 74.72
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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PREPAYMENT CHARGE TERM
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
PREPAYMENT CHARGE TERM AT MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
ORIGINATION (MOS.) LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
0 423 $ 74,723,904.40 26.69% 353 38.90 8.036 612 75.36
12 59 18,870,970.07 6.74 355 41.27 6.878 640 76.85
24 7 2,568,567.51 0.92 349 40.67 6.909 636 78.03
30 4 1,433,631.41 0.51 316 41.01 6.336 678 85.86
36 1,089 182,403,647.16 65.14 349 38.84 7.374 621 77.18
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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-25-
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CONFORMING BALANCE
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REMAINING
NUMBER OF PRINCIPAL BALANCE % OF PRINCIPAL TERM TO GROSS
MORTGAGE AS OF THE BALANCE AS OF MATURITY DEBT-TO-INCOME COUPON OLTV
CONFORMING BALANCE LOANS CUT-OFF DATE THE CUT-OFF DATE (months) (%) (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
Conforming 1,258 $132,457,736.62 47.31% 346 38.81 8.225 593 76.07
Non-Conforming 324 147,542,983.93 52.69 354 39.26 6.864 644 77.31
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Total: 1,582 $280,000,720.55 100.00% 350 39.05 7.508 620 76.73
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MAXIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
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PRINCIPAL % OF PRINCIPAL
BALANCE OF BALANCE OF REMAINING
NUMBER OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MAXIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
11.000-11.499 4 $ 1,453,740.86 0.80% 358 42.41 5.328 722 80.69
11.500-11.999 40 14,149,317.43 7.77 358 37.93 5.822 655 77.64
12.000-12.499 33 11,249,855.13 6.18 354 41.57 6.205 624 81.71
12.500-12.999 99 25,412,751.83 13.96 354 38.09 6.755 632 82.09
13.000-13.499 64 12,186,550.30 6.70 356 39.53 7.278 589 77.51
13.500-13.999 220 38,048,964.48 20.91 353 39.64 7.745 589 78.01
14.000-14.499 75 13,391,940.95 7.36 356 40.91 8.224 582 76.45
14.500-14.999 215 27,754,071.20 15.25 353 40.44 8.755 574 77.31
15.000-15.499 66 7,006,682.01 3.85 355 40.58 9.249 562 76.02
15.500-15.999 144 16,287,507.35 8.95 355 40.72 9.769 565 77.24
16.000-16.499 35 3,943,642.43 2.17 358 38.58 10.294 558 77.59
16.500-16.999 65 5,783,528.04 3.18 353 41.48 10.753 556 74.57
17.000-17.499 21 1,573,150.57 0.86 352 37.83 11.225 569 78.52
17.500-17.999 23 2,592,805.06 1.42 358 41.15 11.764 541 73.84
18.000-18.499 6 790,914.77 0.43 359 32.88 12.221 561 80.52
18.500-18.999 3 379,961.29 0.21 355 47.53 12.631 570 75.16
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Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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-26-
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MINIMUM MORTGAGE RATES OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
RANGE OF MINIMUM MORTGAGE MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RATES (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
5.000-5.499 4 $ 1,453,740.86 0.80% 358 42.41 5.328 722 80.69
5.500-5.999 40 14,149,317.43 7.77 358 37.93 5.822 655 77.64
6.000-6.499 33 11,249,855.13 6.18 354 41.57 6.205 624 81.71
6.500-6.999 99 25,412,751.83 13.96 354 38.09 6.755 632 82.09
7.000-7.499 64 12,186,550.30 6.70 356 39.53 7.278 589 77.51
7.500-7.999 220 38,048,964.48 20.91 353 39.64 7.745 589 78.01
8.000-8.499 75 13,391,940.95 7.36 356 40.91 8.224 582 76.45
8.500-8.999 215 27,754,071.20 15.25 353 40.44 8.755 574 77.31
9.000-9.499 66 7,006,682.01 3.85 355 40.58 9.249 562 76.02
9.500-9.999 144 16,287,507.35 8.95 355 40.72 9.769 565 77.24
10.000-10.499 35 3,943,642.43 2.17 358 38.58 10.294 558 77.59
10.500-10.999 65 5,783,528.04 3.18 353 41.48 10.753 556 74.57
11.000-11.499 21 1,573,150.57 0.86 352 37.83 11.225 569 78.52
11.500-11.999 23 2,592,805.06 1.42 358 41.15 11.764 541 73.84
12.000-12.499 6 790,914.77 0.43 359 32.88 12.221 561 80.52
12.500-12.999 3 379,961.29 0.21 355 47.53 12.631 570 75.16
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Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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GROSS MARGINS OF THE ADJUSTABLE-RATE LOANS
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% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
RANGE OF GROSS MARGINS (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
4.500-4.749 1 $ 588,742.65 0.32% 357 36.00 7.750 576 78.67
4.750-4.999 19 5,924,853.20 3.26 357 37.75 6.276 723 82.38
5.000-5.249 40 8,809,218.55 4.84 353 35.57 7.109 687 83.63
5.250-5.499 29 7,718,867.42 4.24 350 38.71 6.538 667 79.65
5.500-5.749 50 11,181,953.74 6.14 356 42.21 6.559 647 79.40
5.750-5.999 89 18,343,613.43 10.08 353 40.10 7.335 624 82.29
6.000-6.249 317 55,242,577.32 30.35 354 39.99 7.723 594 80.22
6.250-6.499 122 18,088,181.75 9.94 356 38.77 8.917 573 79.26
6.500-6.749 245 31,201,102.62 17.14 355 40.68 9.096 546 76.08
6.750-6.999 201 24,906,273.02 13.68 355 40.13 8.952 542 68.93
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Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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-27-
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NEXT ADJUSTMENT DATE OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
NEXT ADJUSTMENT DATE LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
September 2005 70 $ 8,974,132.39 4.93% 351 40.83 9.235 576 74.81
October 2005 3 562,322.58 0.31 354 46.32 10.109 609 83.49
November 2005 48 7,095,068.13 3.90 352 43.34 8.725 595 80.73
December 2005 17 2,156,635.02 1.18 347 38.73 8.315 586 77.53
January 2006 97 19,980,919.80 10.98 353 39.36 7.945 619 81.39
February 2006 679 112,196,433.88 61.64 356 39.95 7.853 593 78.07
March 2006 130 19,233,054.90 10.57 353 39.65 7.625 590 76.69
April 2006 69 11,806,817.00 6.49 355 36.33 8.684 586 77.91
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Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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INITIAL PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
INITIAL PERIODIC MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
2.000 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
-----------------------------------------------------------------------------------------------------------------------------------
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PERIODIC CAP OF THE ADJUSTABLE-RATE LOANS
-----------------------------------------------------------------------------------------------------------------------------------
% OF PRINCIPAL
PRINCIPAL BALANCE BALANCE OF REMAINING
NUMBER OF OF ADJUSTABLE RATE ADJUSTABLE RATE TERM TO
MORTGAGE LOANS AS OF THE LOANS AS OF THE MATURITY DEBT-TO-INCOME GROSS OLTV
PERIODIC CAP (%) LOANS CUT-OFF DATE CUT-OFF DATE (months) (%) COUPON (%) FICO (%)
-----------------------------------------------------------------------------------------------------------------------------------
1.000 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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Total: 1,113 $182,005,383.70 100.00% 355 39.80 8.008 595 78.23
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