EXHIBIT 99.3 group 1 = conforming (subgroup 1a = fixed rate conforming, subgroup 1b = floating rate conforming) group 2 = non-conforming Principal and excess interest that comes in will be first split amongst group 1 and group 2 by their respective...Exhibit • July 17th, 2003 • Equity One Abs Inc • Asset-backed securities
Principal and excess interest that comes in will be first split amongst group 1 and group 2 by their respective allocation percentages. Then within group 1, they will be further split amongst subgroup 1a and subgroup 1b by their respective allocation percentages.
