EX-1 2 ac060212.htm
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
External Parties Table of Contents
Page
Seller
Accredited Mortgage Loan 1. Certificate Payment Report 2
2. Collection Account Report 4
Servicer(s) 3. Credit Enhancement Report 6
Accredited Home Lenders 4. Collateral Report 7
5. Delinquency Report 10
Underwriter(s) 6. REO Report 11
Morgan Stanley 7. Foreclosure Report 12
8. Prepayment Report 15
Swap Counterparty 9. Prepayment Detail Report 18
Barclays Bank PLC. 10. Realized Loss Report 22
11. Realized Loss Detail Report 25
12. Triggers and Adj. Cert. Report 26
13. Other Related Information 27
Total Number of Pages 27
Dates Contacts
Cut-Off Date: June 01, 2006 Radha Nilakantan
Close Date: June 29, 2006 Administrator
First Distribution Date: July 25, 2006 (714) 247-6319
Radha.Nilakantan@db.com
Address:
Distribution Date: December 26, 2006
1761 East St. Andrew Place, Santa Ana, CA 92705
Record Date: November 30, 2006
Factor Information: (800) 735-7777
December 22, 2006 Main Phone Number: (714) 247-6000
https://www.tss.db.com/invr
Page 1 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Certificate Payment Report
Current Period Distribution -
Prior Current
Class Original Principal Total Realized Deferred Principal
Class Type Cur Face Value Balance Interest Principal Distribution Loss Interest Balance
(1) (2) (3) (4)=(2)+(3) (5) (6) (7)=(1)-(3)-(5)+(6)
A-1 SR $ 559,514,000.00 473,646,362.58 2,045,099.74 26,878,825.94 28,923,925.68 0.00 0.00 446,767,536.64
A-2 SR $ 158,862,000.00 158,862,000.00 692,329.42 0.00 692,329.42 0.00 0.00 158,862,000.00
A-3 SR $ 289,467,000.00 289,467,000.00 1,275,504.17 0.00 1,275,504.17 0.00 0.00 289,467,000.00
A-4 SR $ 181,457,000.00 181,457,000.00 815,649.22 0.00 815,649.22 0.00 0.00 181,457,000.00
M-1 SUB $ 41,300,000.00 41,300,000.00 185,976.19 0.00 185,976.19 0.00 0.00 41,300,000.00
M-2 SUB $ 37,100,000.00 37,100,000.00 167,661.08 0.00 167,661.08 0.00 0.00 37,100,000.00
M-3 SUB $ 23,800,000.00 23,800,000.00 108,323.06 0.00 108,323.06 0.00 0.00 23,800,000.00
M-4 SUB $ 20,300,000.00 20,300,000.00 92,720.25 0.00 92,720.25 0.00 0.00 20,300,000.00
M-5 SUB $ 20,300,000.00 20,300,000.00 93,210.83 0.00 93,210.83 0.00 0.00 20,300,000.00
M-6 SUB $ 17,500,000.00 17,500,000.00 81,340.97 0.00 81,340.97 0.00 0.00 17,500,000.00
M-7 SUB $ 15,400,000.00 15,400,000.00 76,542.28 0.00 76,542.28 0.00 0.00 15,400,000.00
M-8 SUB $ 10,500,000.00 10,500,000.00 53,879.58 0.00 53,879.58 0.00 0.00 10,500,000.00
M-9 SUB $ 21,700,000.00 21,700,000.00 126,209.61 0.00 126,209.61 0.00 0.00 21,700,000.00
CERT NOF/SEQ $ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 1,397,200,000.00 1,311,332,362.58 5,814,446.40 26,878,825.94 32,693,272.34 0.00 0.00 1,284,453,536.64
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
Orig. Principal Prior Current
Period Period (with Notional) Principal Total Principal
Class Starting Ending Method Cusip Balance Balance Interest Principal Distribution Balance
(1) (1) (2) (3) (4)=(2)+(3) (5)
A-1 11/27/06 12/25/06 A-Act/360 00437NAA0 559,514,000.00 846.531745 3.655136 48.039595 51.694731 798.492150
A-2 11/27/06 12/25/06 A-Act/360 00437NAB8 158,862,000.00 1,000.000000 4.358056 0.000000 4.358056 1,000.000000
A-3 11/27/06 12/25/06 A-Act/360 00437NAC6 289,467,000.00 1,000.000000 4.406389 0.000000 4.406389 1,000.000000
A-4 11/27/06 12/25/06 A-Act/360 00437NAD4 181,457,000.00 1,000.000000 4.495000 0.000000 4.495000 1,000.000000
M-1 11/27/06 12/25/06 A-Act/360 00437NAE2 41,300,000.00 1,000.000000 4.503055 0.000000 4.503055 1,000.000000
M-2 11/27/06 12/25/06 A-Act/360 00437NAF9 37,100,000.00 1,000.000000 4.519167 0.000000 4.519167 1,000.000000
M-3 11/27/06 12/25/06 A-Act/360 00437NAG7 23,800,000.00 1,000.000000 4.551389 0.000000 4.551389 1,000.000000
M-4 11/27/06 12/25/06 A-Act/360 00437NAH5 20,300,000.00 1,000.000000 4.567500 0.000000 4.567500 1,000.000000
M-5 11/27/06 12/25/06 A-Act/360 00437NAJ1 20,300,000.00 1,000.000000 4.591667 0.000000 4.591667 1,000.000000
M-6 11/27/06 12/25/06 A-Act/360 00437NAK8 17,500,000.00 1,000.000000 4.648055 0.000000 4.648055 1,000.000000
M-7 11/27/06 12/25/06 A-Act/360 00437NAL6 15,400,000.00 1,000.000000 4.970278 0.000000 4.970278 1,000.000000
M-8 11/27/06 12/25/06 A-Act/360 00437NAM4 10,500,000.00 1,000.000000 5.131389 0.000000 5.131389 1,000.000000
M-9 11/27/06 12/25/06 A-Act/360 00437NAN2 21,700,000.00 1,000.000000 5.816111 0.000000 5.816111 1,000.000000
CERT 11/01/06 11/30/06 A-30/360 0.00 0.000000 0.000000 0.000000 0.000000 0.000000
Page 2 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Distribution to Date -
Current
Original Unscheduled Scheduled Total Total Realized Deferred Principal
Class Face Value Interest Principal Principal Principal Distribution Loss Interest Balance
(1) (2) (3) (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8) (9)=(1)-(5)-(7)+(8)
A-1 559,514,000.00 14,077,943.11 108,387,780.72 4,358,682.64 112,746,463.36 126,824,406.47 0.00 0.00 446,767,536.64
A-2 158,862,000.00 4,311,474.00 0.00 0.00 0.00 4,311,474.00 0.00 0.00 158,862,000.00
A-3 289,467,000.00 7,942,900.34 0.00 0.00 0.00 7,942,900.34 0.00 0.00 289,467,000.00
A-4 181,457,000.00 5,078,934.97 0.00 0.00 0.00 5,078,934.97 0.00 0.00 181,457,000.00
M-1 41,300,000.00 1,158,041.41 0.00 0.00 0.00 1,158,041.41 0.00 0.00 41,300,000.00
M-2 37,100,000.00 1,043,984.51 0.00 0.00 0.00 1,043,984.51 0.00 0.00 37,100,000.00
M-3 23,800,000.00 674,485.92 0.00 0.00 0.00 674,485.92 0.00 0.00 23,800,000.00
M-4 20,300,000.00 577,326.80 0.00 0.00 0.00 577,326.80 0.00 0.00 20,300,000.00
M-5 20,300,000.00 580,371.80 0.00 0.00 0.00 580,371.80 0.00 0.00 20,300,000.00
M-6 17,500,000.00 506,445.53 0.00 0.00 0.00 506,445.53 0.00 0.00 17,500,000.00
M-7 15,400,000.00 476,472.06 0.00 0.00 0.00 476,472.06 0.00 0.00 15,400,000.00
M-8 10,500,000.00 335,367.31 0.00 0.00 0.00 335,367.31 0.00 0.00 10,500,000.00
M-9 21,700,000.00 785,317.44 0.00 0.00 0.00 785,317.44 0.00 0.00 21,700,000.00
CERT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 1,397,200,000.00 37,549,065.20 108,387,780.72 4,358,682.64 112,746,463.36 150,295,528.56 0.00 0.00 1,284,453,536.64
Interest Detail -
Pass Prior Principal Non- Prior Unscheduled Paid or Current
Through (with Notional) Accrued Supported Unpaid Interest Optimal Deferred Unpaid
Class Rate Balance Interest Interest SF Interest Adjustment Interest Interest Interest
(1) (2) (3) (4) (5)=(1)-(2)+(3)+(4) (6) (7)=(5)-(6)
A-1 5.36000% 473,646,362.58 2,045,099.74 0.00 0.00 0.00 2,045,099.74 2,045,099.74 0.00
A-2 5.41000% 158,862,000.00 692,329.42 0.00 0.00 0.00 692,329.42 692,329.42 0.00
A-3 5.47000% 289,467,000.00 1,275,504.17 0.00 0.00 0.00 1,275,504.17 1,275,504.17 0.00
A-4 5.58000% 181,457,000.00 815,649.22 0.00 0.00 0.00 815,649.22 815,649.22 0.00
M-1 5.59000% 41,300,000.00 185,976.19 0.00 0.00 0.00 185,976.19 185,976.19 0.00
M-2 5.61000% 37,100,000.00 167,661.08 0.00 0.00 0.00 167,661.08 167,661.08 0.00
M-3 5.65000% 23,800,000.00 108,323.06 0.00 0.00 0.00 108,323.06 108,323.06 0.00
M-4 5.67000% 20,300,000.00 92,720.25 0.00 0.00 0.00 92,720.25 92,720.25 0.00
M-5 5.70000% 20,300,000.00 93,210.83 0.00 0.00 0.00 93,210.83 93,210.83 0.00
M-6 5.77000% 17,500,000.00 81,340.97 0.00 0.00 0.00 81,340.97 81,340.97 0.00
M-7 6.17000% 15,400,000.00 76,542.28 0.00 0.00 0.00 76,542.28 76,542.28 0.00
M-8 6.37000% 10,500,000.00 53,879.58 0.00 0.00 0.00 53,879.58 53,879.58 0.00
M-9 7.22000% 21,700,000.00 126,209.61 0.00 0.00 0.00 126,209.61 126,209.61 0.00
CERT 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 1,311,332,362.58 5,814,446.40 0.00 0.00 0.00 5,814,446.40 5,814,446.40 0.00
Page 3 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Collection Account Report
SUMMARY
Total
Principal Collections 24,186,394.57
Principal Withdrawals 0.00
Principal Other Accounts 0.00
TOTAL NET PRINCIPAL 24,186,394.57
Interest Collections 8,137,749.23
Interest Withdrawals -0.00
Interest Fees -87,881.51
Interest Other Accounts 457,010.05
TOTAL NET INTEREST 8,506,877.77
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION 32,693,272.34
PRINCIPAL - COLLECTIONS
Total
Scheduled Principal Received 757,042.93
Curtailments 157,305.10
Prepayments In Full 23,272,046.54
Repurchased/Substitutions 0.00
Liquidations 33,545.13
Insurance Principal 0.00
Other Additional Principal 0.00
Delinquent Principal -624,613.70
Realized Losses -33,545.13
Advanced Principal 624,613.70
TOTAL PRINCIPAL COLLECTED 24,186,394.57
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
Total
TOTAL PRINCIPAL OTHER ACCOUNTS 0.00
Page 4 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
INTEREST - COLLECTIONS
Total
Scheduled Interest 8,598,597.92
Repurchased/Substitution Interest 0.00
Liquidation Interest 279.51
Insurance Interest 0.00
Other Additional Interest 457,010.05
Prepayment Interest Shortfalls -18,926.17
Delinquent Interest -7,213,475.04
Compensating Interest 18,926.16
Civil Relief Act Shortfalls -0.00
Interest Loss -228.93
Interest Advanced 6,752,575.77
TOTAL INTEREST COLLECTED 8,137,749.23
INTEREST - WITHDRAWALS
Total
Non-Recoverable Advances 0.00
Reimbursements to Master Servicer 0.00
TOTAL INTEREST WITHDRAWALS 0.00
INTEREST - OTHER ACCOUNTS
Total
SWAP INFLOW 5,411,697.42
SWAP OUTFLOW -5,340,490.87
TOTAL SWAP INFLOW / (OUTFLOW) 71,206.55
Prepayment Charges 385,803.50
TOTAL INTEREST OTHER ACCOUNTS 457,010.05
INTEREST FEES
Total
Current Servicing Fees 84,573.67
Tax Fees 0.00
Trustee Fees 3,307.84
TOTAL INTEREST FEES 87,881.51
Page 5 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Credit Enhancement Report
ACCOUNTS
SPACE INTENTIONALLY LEFT BLANK
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
Total
Begining Overcollateralized Amount 11,768,462.56
Overcollateralization Target Amount 34,300,000.00
Ending Overcollateralized Amount 14,460,893.93
Overcollateralization Deficiency 19,839,106.07
Page 6 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Collateral Report
COLLATERAL
Total
Loan Count:
Original 6,016
Prior 7,454
Prefunding 0
Scheduled Paid Offs -0
Full Voluntary Prepayments -130
Repurchases -0
Liquidations -1
Current 7,323
Principal Balance:
Original 1,050,076,436.40
Prior 1,323,134,370.27
Prefunding 0.00
Scheduled Principal -757,042.93
Partial Prepayments -157,305.10
Full Voluntary Prepayments -23,272,046.54
Repurchases -0.00
Liquidations -33,545.13
Current 1,298,914,430.57
PREFUNDING
Total
Prefunding Account Original Balance 349,923,563.60
Prefunding Account Beginning Balance 0.00
Subsequent Loans Added to the Pool 0.00
Prefund Release to Certificate Holders 0.00
Prefunding Account Ending Balance 0.00
Page 7 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
CHARACTERISTICS
Total
Weighted Average Coupon Original 7.90472%
Weighted Average Coupon Prior 7.84127%
Weighted Average Coupon Current 7.79526%
Weighted Average Months to Maturity Original 349
Weighted Average Months to Maturity Prior 347
Weighted Average Months to Maturity Current 346
Weighted Avg Remaining Amortization Term Original 389
Weighted Avg Remaining Amortization Term Prior 386
Weighted Avg Remaining Amortization Term Current 385
Weighted Average Seasoning Original 2.36
Weighted Average Seasoning Prior 5.70
Weighted Average Seasoning Current 6.70
Page 8 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
ARM CHARACTERISTICS
Total
Weighted Average Margin Original 5.28088%
Weighted Average Margin Prior 5.16610%
Weighted Average Margin Current 5.15873%
Weighted Average Max Rate Original 15.22998%
Weighted Average Max Rate Prior 15.17511%
Weighted Average Max Rate Current 15.16705%
Weighted Average Min Rate Original 8.23028%
Weighted Average Min Rate Prior 8.17533%
Weighted Average Min Rate Current 8.16728%
Weighted Average Cap Up Original 1.49689%
Weighted Average Cap Up Prior 1.49676%
Weighted Average Cap Up Current 1.49682%
Weighted Average Cap Down Original 1.49689%
Weighted Average Cap Down Prior 1.49676%
Weighted Average Cap Down Current 1.49682%
SERVICING FEES & ADVANCES
Total
Current Servicing Fees 84,573.67
Delinquent Servicing Fees 460,899.28
TOTAL SERVICING FEES 551,306.00
Total Servicing Fees 551,306.00
Compensating Interest -18,926.16
Delinquent Servicing Fees -460,899.28
COLLECTED SERVICING FEES 71,480.56
Total Advanced Interest 6,752,575.77
Total Advanced Principal 624,613.70
Aggregate Advances with respect to this Distribution 7,377,189.46
ADDITIONAL COLLATERAL INFORMATION
Total
Prepayment Interest Shortfall (PPIS) 18,926.17
Compensating Interest (18,926.16)
Net Prepayment Interest Shortfall (PPIS) 0.00
Ending Pool Stated Principal Balance 1,298,914,430.57
Weighted Average Net Mortgage Rate 7.650625%
Page 9 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Delinquency Report
TOTAL
< 1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL
DELINQUENT Balance 19,047,632.84 3,767,710.85 1,452,947.45 24,268,291.14
% Balance 1.47% 0.29% 0.11% 1.87%
# Loans 98 25 19 142
% # Loans 1.34% 0.34% 0.26% 1.94%
FORECLOSURE Balance 367,498.32 0.00 6,624,938.97 15,432,877.80 22,425,315.09
% Balance 0.03% 0.00% 0.51% 1.19% 1.73%
# Loans 2 0 33 76 111
% # Loans 0.03% 0.00% 0.45% 1.04% 1.52%
BANKRUPTCY Balance 90,946.75 46,262.02 545,114.54 738,445.96 1,420,769.27
% Balance 0.01% 0.00% 0.04% 0.06% 0.11%
# Loans 2 1 3 6 12
% # Loans 0.03% 0.01% 0.04% 0.08% 0.16%
REO Balance 0.00 0.00 0.00 1,710,019.42 1,710,019.42
% Balance 0.00% 0.00% 0.00% 0.13% 0.13%
# Loans 0 0 0 6 6
% # Loans 0.00% 0.00% 0.00% 0.08% 0.08%
TOTAL Balance 458,445.07 19,093,894.86 10,937,764.36 19,334,290.63 49,824,394.92
% Balance 0.04% 1.47% 0.84% 1.49% 3.84%
# Loans 4 99 61 107 271
% # Loans 0.05% 1.35% 0.83% 1.46% 3.70%
Page 10 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
REO Report
Loan Number Original Stated Current State & First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
Became REO Property this Period:
512205768 1 257,200.00 256,141.18 01-May-2006 0.000% RI - 80.00% 360 01-Mar-2006
512205794 1 484,800.00 483,257.49 01-May-2006 0.000% MA - 80.00% 360 01-Feb-2006
602101828 1 206,320.00 205,607.33 01-May-2006 0.000% GA - 80.00% 360 01-Apr-2006
603039007 1 208,000.00 207,697.21 01-May-2006 0.000% GA - 80.00% 360 01-May-2006
605027011 1 432,000.00 431,167.87 01-Jun-2006 0.000% GA - 80.00% 360 01-Jul-2006
605040150 1 126,400.00 126,148.34 01-Jun-2006 0.000% TX - 80.00% 360 01-Jul-2006
TOTAL 1,714,720.00 1,710,019.42
Page 11 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Foreclosure Report
Loan Number Original Stated Current State & First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
Became Foreclosure Property this Period:
512194491 1 81,000.00 80,426.44 01-Aug-2006 8.375% IN - 90.00% 360 01-Feb-2006
601279881 1 134,400.00 133,909.15 01-Jul-2006 9.990% KY - 80.00% 360 01-May-2006
602035148 1 70,500.00 70,226.33 01-Aug-2006 9.699% GA - 88.13% 360 01-May-2006
602035635 1 108,000.00 107,217.21 01-Aug-2006 7.999% TX - 80.00% 360 01-Apr-2006
602066525 1 90,000.00 89,639.80 01-Jul-2006 10.149% FL - 75.00% 360 01-Apr-2006
602088899 1 200,000.00 199,727.05 01-Aug-2006 10.250% IL - 80.00% 360 01-Apr-2006
602090852 1 91,500.00 91,327.21 01-Aug-2006 0.000% MO - 88.83% 360 01-Apr-2006
602155298 1 293,250.00 292,063.53 01-Aug-2006 9.500% CT - 85.00% 360 01-May-2006
602274735 1 70,000.00 68,586.15 01-Jul-2006 0.000% OK - 40.70% 180 01-May-2006
603027724 1 108,000.00 107,477.23 01-Aug-2006 7.950% FL - 80.00% 360 01-Jun-2006
603039446 1 188,000.00 187,667.11 01-Jul-2006 0.000% FL - 80.00% 360 01-May-2006
603085206 1 108,000.00 107,435.61 01-Aug-2006 8.250% FL - 80.00% 360 01-May-2006
603206303 1 350,000.00 348,517.46 01-Aug-2006 7.500% MA - 79.55% 360 01-May-2006
604075026 1 248,000.00 247,999.94 01-Aug-2006 8.000% UT - 80.00% 360 01-Jul-2006
604128664 1 208,000.00 207,677.02 01-Jun-2006 0.000% NV - 80.00% 360 01-Jul-2006
604172048 1 144,000.00 143,775.42 01-Aug-2006 7.750% OH - 90.00% 360 01-Aug-2006
604183678 1 76,000.00 75,999.95 01-Aug-2006 7.750% CO - 80.00% 360 01-Jul-2006
604194503 1 399,200.00 397,562.54 01-Aug-2006 7.990% CA - 80.00% 360 01-Jul-2006
605015572 1 319,200.00 317,717.56 01-Oct-2006 7.875% CT - 80.00% 360 01-Jul-2006
605027416 1 116,100.00 115,838.80 01-Aug-2006 9.999% IL - 90.00% 360 01-Aug-2006
605027421 1 337,600.00 336,782.42 01-Jul-2006 0.000% VA - 80.00% 360 01-Jul-2006
605051711 1 93,750.00 93,436.85 01-Jul-2006 8.999% FL - 75.00% 360 01-Jul-2006
605094450 1 281,250.00 280,947.27 01-Aug-2006 9.650% CO - 75.00% 360 01-Jul-2006
605094870 1 121,360.00 120,901.75 01-Aug-2006 8.400% CO - 80.00% 360 01-Jul-2006
605095268 1 172,600.00 172,237.85 01-Aug-2006 0.000% GA - 80.00% 360 01-Aug-2006
605105628 1 286,000.00 285,361.47 01-Aug-2006 0.000% MO - 77.30% 360 01-Aug-2006
605117362 1 68,575.00 68,407.82 01-Aug-2006 10.500% FL - 65.00% 360 01-Jul-2006
605230109 1 151,500.00 151,079.08 01-Aug-2006 8.990% WA - 81.89% 360 01-Aug-2006
605238929 1 216,000.00 215,798.14 01-Aug-2006 9.500% CT - 90.00% 360 01-Aug-2006
605263229 1 180,000.00 179,361.62 01-Aug-2006 7.790% UT - 80.00% 360 01-Aug-2006
606017019 1 96,000.00 95,705.05 01-Aug-2006 8.500% FL - 80.00% 360 01-Aug-2006
606017791 1 240,000.00 239,721.51 01-Aug-2006 8.770% TX - 80.00% 360 01-Aug-2006
606050617 1 122,800.00 122,588.48 01-Aug-2006 11.250% NE - 84.95% 360 01-Aug-2006
606061695 1 193,600.00 193,116.23 01-Aug-2006 9.500% IL - 80.00% 360 01-Aug-2006
606062446 1 170,000.00 169,643.37 01-Jul-2006 0.000% NJ - 85.00% 360 01-Aug-2006
606084372 1 405,600.00 403,998.72 01-Aug-2006 7.250% CA - 80.00% 360 01-Aug-2006
606084441 1 156,000.00 155,388.58 01-Aug-2006 8.125% NV - 28.36% 360 01-Aug-2006
606096208 1 175,950.00 175,729.04 01-Aug-2006 8.500% FL - 84.92% 360 01-Aug-2006
606163928 1 138,600.00 137,993.27 01-Aug-2006 9.990% IN - 90.00% 360 01-Aug-2006
606194745 1 150,400.00 150,400.00 01-Aug-2006 8.750% MN - 80.00% 360 01-Aug-2006
606217623 1 540,000.00 538,608.37 01-Aug-2006 8.250% FL - 74.95% 360 01-Sep-2006
606261453 1 552,000.00 552,000.00 01-Aug-2006 7.500% CA - 80.00% 360 01-Aug-2006
TOTAL 8,252,735.00 8,229,998.40
Page 12 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Loan Number Original Stated Current State & First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
Became Foreclosure Property in a Prior Period:
511162569 1 133,000.00 131,935.29 01-Jun-2006 0.000% OH - 84.71% 360 01-Jan-2006
511295277 1 54,000.00 53,675.55 01-Jun-2006 0.000% MS - 57.45% 360 01-Feb-2006
512127675 1 191,250.00 190,573.50 01-May-2006 0.000% GA - 90.00% 360 01-Apr-2006
601101571 1 312,000.00 311,365.35 01-Jun-2006 0.000% MA - 80.00% 360 01-Apr-2006
601124500 1 201,600.00 200,460.89 01-Apr-2006 9.000% FL - 80.00% 360 01-Mar-2006
601125399 1 211,500.00 211,191.61 01-Jun-2006 0.000% NV - 90.00% 360 01-Apr-2006
601167807 1 171,000.00 170,445.32 01-May-2006 0.000% IL - 90.00% 360 01-Apr-2006
601234810 1 85,000.00 84,840.42 01-Jun-2006 0.000% WA - 85.00% 360 01-Apr-2006
601268788 1 50,000.00 49,780.76 01-Oct-2006 9.700% TX - 45.45% 360 01-Apr-2006
601300242 1 180,000.00 179,539.62 01-Jul-2006 8.499% NV - 81.82% 360 01-Mar-2006
601300750 1 99,978.00 99,498.79 01-Jul-2006 7.999% SC - 52.34% 360 01-Jun-2006
601312480 1 494,800.00 494,800.00 01-Jul-2006 0.000% AZ - 80.00% 360 01-Apr-2006
602013229 1 254,400.00 252,936.45 01-Jun-2006 8.375% OH - 80.00% 360 01-Apr-2006
602035419 1 162,400.00 161,884.98 01-Jun-2006 0.000% OH - 80.00% 360 01-Apr-2006
602066941 1 450,000.00 447,400.94 01-Jun-2006 0.000% FL - 75.00% 360 01-Apr-2006
602078404 1 125,500.00 124,764.10 01-Jun-2006 8.875% FL - 72.97% 360 01-Apr-2006
602078815 1 255,000.00 254,431.60 01-Jun-2006 0.000% AZ - 85.00% 360 01-May-2006
602102093 1 208,250.00 207,343.38 01-Jun-2006 0.000% MA - 85.00% 360 01-May-2006
602133117 1 84,800.00 84,501.66 01-May-2006 0.000% OH - 80.00% 360 01-Apr-2006
602144772 1 212,000.00 211,596.39 01-May-2006 0.000% NV - 80.00% 360 01-Apr-2006
602156040 1 92,000.00 91,338.16 01-May-2006 7.250% FL - 80.00% 360 01-Apr-2006
602178638 1 356,000.00 355,057.36 01-Jun-2006 8.000% OR - 80.00% 360 01-Apr-2006
602219023 1 424,000.00 423,002.44 01-May-2006 0.000% MA - 80.00% 360 01-Apr-2006
602219582 1 324,000.00 322,619.43 01-Jul-2006 9.250% MA - 80.00% 360 01-May-2006
602219869 1 321,600.00 319,961.19 01-Jul-2006 8.375% NJ - 80.00% 360 01-May-2006
602220527 1 132,000.00 132,000.00 01-May-2006 0.000% CO - 80.00% 360 01-May-2006
602242898 1 238,500.00 237,904.08 01-May-2006 0.000% NJ - 90.00% 360 01-May-2006
602243060 1 264,324.00 263,975.44 01-May-2006 0.000% NV - 80.00% 360 01-May-2006
602274402 1 204,000.00 203,202.00 01-Jun-2006 0.000% KY - 85.00% 360 01-Apr-2006
603028594 1 100,000.00 99,362.54 01-Jul-2006 7.250% FL - 84.75% 360 01-May-2006
603083748 1 72,000.00 71,825.79 01-Jul-2006 8.490% IL - 80.00% 360 01-May-2006
603084452 1 170,000.00 169,203.98 01-Jul-2006 0.000% MD - 82.93% 360 01-May-2006
603096799 1 148,000.00 147,666.39 01-Apr-2006 0.000% FL - 80.00% 360 01-May-2006
603107461 1 77,400.00 77,203.50 01-May-2006 0.000% KY - 90.00% 360 01-May-2006
603139472 1 548,000.00 547,999.94 01-Jun-2006 7.625% CA - 80.00% 360 01-May-2006
603140476 1 99,000.00 98,868.19 01-Jun-2006 0.000% OH - 90.00% 360 01-May-2006
603140681 1 356,000.00 354,394.63 01-Jun-2006 8.975% IL - 80.00% 360 01-May-2006
603140829 1 108,000.00 107,756.72 01-Jul-2006 0.000% KY - 80.00% 360 01-Jun-2006
603152075 1 140,000.00 139,706.30 01-Jul-2006 0.000% FL - 82.35% 360 01-Aug-2006
603220158 1 210,400.00 210,206.69 01-Jul-2006 0.000% GA - 80.00% 360 01-May-2006
603229402 1 246,400.00 244,766.80 01-Jun-2006 7.050% FL - 80.00% 360 01-May-2006
603229910 1 490,500.00 490,021.30 01-Jun-2006 0.000% CA - 90.00% 360 01-May-2006
603242269 1 67,500.00 67,374.03 01-May-2006 0.000% MI - 90.00% 360 01-May-2006
603273183 1 228,000.00 227,852.35 01-Jun-2006 0.000% CT - 80.00% 360 01-Jul-2006
603273216 1 346,000.00 344,842.07 01-May-2006 9.750% MA - 80.00% 360 01-Jun-2006
Page 13 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Loan Number Original Stated Current State & First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
603284838 1
229,200.00 228,280.33 01-Jun-2006 8.875% NM - 80.00% 360 01-Jun-2006
603285030 1 127,260.00 127,031.37 01-May-2006 8.450% IL - 80.00% 360 01-Jun-2006
603307000 1 189,000.00 188,613.72 01-May-2006 0.000% OH - 90.00% 360 01-Jun-2006
603317932 1 104,000.00 103,746.86 01-Jun-2006 0.000% KY - 80.00% 360 01-May-2006
604052221 1 152,000.00 151,665.96 01-Jun-2006 7.750% IL - 80.00% 360 01-Jun-2006
604074313 1 136,000.00 135,280.04 01-Jun-2006 7.500% IL - 80.00% 360 01-Jun-2006
604139568 1 180,000.00 179,737.94 01-Jun-2006 0.000% MA - 80.00% 360 01-Jul-2006
604139654 1 83,300.00 83,086.17 01-Jun-2006 10.999% OH - 85.00% 360 01-Jun-2006
604172433 1 201,000.00 200,551.87 01-Jun-2006 7.699% CA - 51.94% 360 01-Jun-2006
604182892 1 153,000.00 152,527.25 01-Jul-2006 9.375% OH - 90.00% 360 01-Jul-2006
604206441 1 300,000.00 299,759.27 01-Jul-2006 0.000% MA - 83.33% 360 01-Jul-2006
604250207 1 172,400.00 172,207.54 01-Jun-2006 0.000% CO - 80.00% 360 01-Jul-2006
604250772 1 198,000.00 197,635.68 01-Jul-2006 0.000% IL - 90.00% 360 01-Jul-2006
604250840 1 207,000.00 206,792.77 01-Jul-2006 0.000% AZ - 90.00% 360 01-Jul-2006
604259932 1 210,000.00 209,334.06 01-May-2006 0.000% FL - 75.00% 360 01-Jun-2006
605026770 1 211,500.00 211,359.33 01-Jun-2006 0.000% FL - 90.00% 360 01-Jul-2006
605027025 1 110,700.00 110,364.94 01-Jul-2006 0.000% FL - 90.00% 360 01-Jun-2006
605027090 1 328,000.00 327,154.69 01-Jun-2006 0.000% FL - 80.00% 360 01-Jun-2006
605040362 1 540,000.00 539,240.89 01-Jul-2006 8.750% CA - 80.00% 360 01-Jul-2006
605049516 1 76,000.00 75,936.12 01-Jun-2006 0.000% OH - 80.00% 360 01-Jul-2006
605239574 1 71,000.00 70,770.49 01-Jul-2006 8.250% IN - 69.93% 360 01-Aug-2006
605252420 1 270,000.00 269,825.66 01-Jun-2006 0.000% IL - 90.00% 360 01-Jul-2006
606050609 1 153,900.00 153,832.83 01-Jul-2006 0.000% MO - 90.00% 360 01-Aug-2006
606139084 1 129,600.00 129,502.99 01-Jul-2006 0.000% GA - 80.00% 360 01-Aug-2006
TOTAL 14,232,962.00 14,195,316.69
TOTAL 22,485,697.00 22,425,315.09
Page 14 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
Total
Current
Number of Paid in Full Loans 130
Number of Repurchased Loans 0
Total Number of Loans Prepaid in Full 130
Curtailments Amount 157,305.10
Paid in Full Balance 23,272,046.54
Repurchased Loans Balance 0.00
Total Prepayment Amount 23,429,351.64
Cumulative
Number of Paid in Full Loans 513
Number of Repurchased Loans 12
Total Number of Loans Prepaid in Full 525
Paid in Full Balance 93,682,109.19
Repurchased Loans Balance 2,274,181.74
Curtailments Amount 480,708.95
Total Prepayment Amount 96,436,999.88
Page 15 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
VOLUNTARY PREPAYMENTS RATES
Total
SMM 1.77%
3 Months Avg SMM 1.57%
12 Months Avg SMM 1.23%
Avg SMM Since Cut-off 1.23%
CPR 19.33%
3 Months Avg CPR 17.26%
12 Months Avg CPR 13.77%
Avg CPR Since Cut-off 13.77%
PSA 1,442.34%
3 Months Avg PSA Approximation 1,512.22%
12 Months Avg PSA Approximation 1,571.91%
Avg PSA Since Cut-off Approximation 1,571.91%
Page 16 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
Page 17 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
511011233 1 38,800.00 38,668.52 12-Dec-2006 11.999% FL - 20.00% Paid Off - 180 01-Jan-2006
511034308 1 48,000.00 47,379.55 30-Nov-2006 11.250% RI - 20.00% Paid Off - 240 01-Jan-2006
511079291 1 27,750.00 27,587.35 13-Dec-2006 9.999% IL - 15.00% Paid Off - 180 01-Jan-2006
511105146 1 126,540.00 126,115.59 12-Dec-2006 7.899% VA - 90.00% Paid Off - 360 01-Jan-2006
511282857 1 199,920.00 199,141.70 17-Nov-2006 11.250% ME - 80.00% Paid Off - 360 01-Jan-2006
511306253 1 41,460.00 41,323.40 28-Nov-2006 12.999% GA - 20.00% Paid Off - 180 01-Feb-2006
512130052 1 81,000.00 80,635.80 29-Nov-2006 8.990% AR - 90.00% Paid Off - 360 01-Apr-2006
512292648 1 163,200.00 162,301.42 16-Nov-2006 7.990% CT - 80.00% Paid Off - 360 01-Apr-2006
601101427 1 220,000.00 218,033.33 13-Dec-2006 6.750% CA - 53.66% Paid Off - 360 01-Apr-2006
601124366 1 148,000.00 147,249.30 28-Nov-2006 8.990% NJ - 80.00% Paid Off - 360 01-Apr-2006
601279462 1 143,200.00 142,523.23 22-Nov-2006 8.750% IL - 80.00% Paid Off - 360 01-Apr-2006
601279466 1 112,500.00 112,140.84 05-Dec-2006 9.990% MO - 90.00% Paid Off - 360 01-May-2006
601279535 1 90,000.00 89,396.44 05-Dec-2006 6.990% FL - 47.37% Paid Off - 360 01-Apr-2006
601300292 1 138,926.00 138,194.93 21-Nov-2006 8.250% SC - 80.00% Paid Off - 360 01-Apr-2006
601311616 1 144,000.00 142,969.02 08-Dec-2006 6.999% MD - 60.00% Paid Off - 360 01-Apr-2006
601312505 1 188,000.00 186,992.51 27-Nov-2006 8.125% MD - 80.00% Paid Off - 360 01-Apr-2006
602012629 1 143,650.00 143,288.06 04-Dec-2006 7.750% AR - 85.00% Paid Off - 360 01-Apr-2006
602012996 1 465,000.00 461,999.91 16-Nov-2006 7.250% MA - 88.91% Paid Off - 360 01-Apr-2006
602013618 1 40,964.00 40,846.97 16-Nov-2006 10.500% MI - 90.00% Paid Off - 360 01-May-2006
602035348 1 500,000.00 498,984.60 01-Dec-2006 8.500% NY - 80.00% Paid Off - 360 01-Apr-2006
602077808 1 165,600.00 165,319.90 16-Nov-2006 9.125% VA - 80.00% Paid Off - 360 01-Apr-2006
602088956 1 231,000.00 229,804.88 27-Nov-2006 8.300% MD - 65.07% Paid Off - 360 01-Apr-2006
602088982 1 190,400.00 189,452.05 01-Dec-2006 8.490% MA - 80.00% Paid Off - 360 01-Apr-2006
602132982 1 108,000.00 107,869.74 04-Dec-2006 10.255% GA - 75.00% Paid Off - 360 01-Apr-2006
602133126 1 165,000.00 160,342.68 28-Nov-2006 5.900% CA - 35.95% Paid Off - 180 01-Apr-2006
602178397 1 352,000.00 350,169.74 11-Dec-2006 8.275% FL - 80.00% Paid Off - 360 01-Apr-2006
602220593 1 212,000.00 211,499.73 06-Dec-2006 7.499% MD - 77.09% Paid Off - 360 01-May-2006
602231945 1 224,000.00 222,572.11 30-Nov-2006 7.250% IL - 80.00% Paid Off - 360 01-Apr-2006
602286364 1 80,000.00 79,604.96 20-Nov-2006 7.850% CA - 53.33% Paid Off - 360 01-May-2006
603016618 1 290,000.00 290,000.00 20-Nov-2006 5.999% CA - 78.17% Paid Off - 360 01-May-2006
603016741 1 90,000.00 89,780.15 28-Nov-2006 10.490% OH - 90.00% Paid Off - 360 01-Jun-2006
603016759 1 256,000.00 255,695.95 27-Nov-2006 9.850% AZ - 80.00% Paid Off - 360 01-May-2006
603017279 1 137,520.00 136,968.13 11-Dec-2006 8.875% NM - 80.00% Paid Off - 360 01-May-2006
603017280 1 34,380.00 34,322.97 11-Dec-2006 12.990% NM - 20.00% Paid Off - 180 01-May-2006
603028239 1 97,500.00 97,189.71 12-Dec-2006 9.990% PA - 75.00% Paid Off - 360 01-May-2006
603062032 1 135,000.00 134,518.96 04-Dec-2006 9.450% AZ - 67.50% Paid Off - 360 01-May-2006
603095391 1 262,800.00 261,745.49 28-Nov-2006 8.875% MA - 60.00% Paid Off - 360 01-May-2006
603107397 1 221,000.00 221,000.00 27-Nov-2006 6.700% FL - 69.94% Paid Off - 360 01-May-2006
603107526 1 75,000.00 74,748.98 12-Dec-2006 9.750% FL - 46.80% Paid Off - 360 01-May-2006
603138543 1 493,000.00 491,994.35 04-Dec-2006 8.010% MD - 85.00% Paid Off - 360 01-May-2006
Page 18 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
603140161 1 125,000.00 124,195.98 15-Dec-2006 6.500% VT - 69.44% Paid Off - 360 01-May-2006
603141138 1 188,000.00 186,860.77 29-Nov-2006 5.990% AZ - 63.00% Paid Off - 360 01-Jun-2006
603141394 1 110,500.00 110,354.28 30-Nov-2006 9.500% AZ - 62.08% Paid Off - 360 01-May-2006
603175391 1 135,000.00 134,324.94 01-Dec-2006 6.990% ME - 41.80% Paid Off - 360 01-Jun-2006
603175553 1 275,000.00 273,355.68 04-Dec-2006 6.399% CA - 57.29% Paid Off - 360 01-Jun-2006
603206658 1 418,000.00 415,316.12 27-Nov-2006 6.509% CA - 67.97% Paid Off - 360 01-May-2006
603206767 1 336,000.00 335,410.97 16-Nov-2006 7.999% NJ - 75.51% Paid Off - 360 01-Jun-2006
603207059 1 70,000.00 69,713.37 29-Nov-2006 7.999% KS - 80.00% Paid Off - 360 01-Jun-2006
603217392 1 318,000.00 317,442.63 21-Nov-2006 7.990% MA - 79.50% Paid Off - 360 01-Jun-2006
603218175 1 300,000.00 299,449.16 29-Nov-2006 8.375% CA - 44.44% Paid Off - 360 01-May-2006
603228906 1 84,500.00 82,440.48 21-Nov-2006 7.550% MO - 62.59% Paid Off - 180 01-May-2006
603229155 1 51,000.00 50,928.74 11-Dec-2006 13.750% WA - 20.00% Paid Off - 180 01-May-2006
603230356 1 106,800.00 106,665.85 28-Nov-2006 8.500% MD - 84.09% Paid Off - 360 01-Jul-2006
603231587 1 248,000.00 247,491.14 22-Nov-2006 7.990% CA - 80.00% Paid Off - 360 01-May-2006
603273405 1 66,000.00 65,820.74 20-Nov-2006 9.990% FL - 51.97% Paid Off - 360 01-Jun-2006
603284093 1 232,000.00 232,000.00 16-Nov-2006 8.625% IL - 80.00% Paid Off - 360 01-Jun-2006
603284637 1 203,000.00 202,337.07 21-Nov-2006 8.205% CA - 52.75% Paid Off - 360 01-Jul-2006
603295421 1 193,000.00 192,355.44 21-Nov-2006 9.000% VT - 81.78% Paid Off - 360 01-Jun-2006
603306659 1 155,000.00 154,615.56 07-Dec-2006 10.250% MA - 51.67% Paid Off - 360 01-Jul-2006
603307295 1 142,000.00 141,473.51 30-Nov-2006 8.490% MD - 66.67% Paid Off - 360 01-Jun-2006
604038785 1 190,000.00 188,197.54 07-Dec-2006 8.990% MA - 58.46% Paid Off - 360 01-Jul-2006
604052362 1 91,530.00 91,217.91 28-Nov-2006 8.899% GA - 90.00% Paid Off - 360 01-Jun-2006
604063446 1 369,000.00 368,730.64 07-Dec-2006 8.240% MN - 90.00% Paid Off - 360 01-Jun-2006
604063831 1 62,000.00 61,885.92 30-Nov-2006 9.875% MI - 68.89% Paid Off - 360 01-Aug-2006
604105384 1 115,000.00 114,774.62 14-Dec-2006 7.599% MD - 58.97% Paid Off - 360 01-Jun-2006
604117545 1 197,600.00 197,278.69 05-Dec-2006 8.250% PA - 80.00% Paid Off - 360 01-Jun-2006
604127959 1 243,750.00 242,920.46 12-Dec-2006 8.050% MD - 75.00% Paid Off - 360 01-Jul-2006
604139916 1 242,000.00 241,398.31 01-Dec-2006 6.750% NV - 84.91% Paid Off - 360 01-Jun-2006
604171787 1 158,900.00 158,387.84 06-Dec-2006 8.750% MD - 83.63% Paid Off - 360 01-Jul-2006
604172315 1 195,300.00 195,075.32 27-Nov-2006 8.799% IL - 90.00% Paid Off - 360 01-Jul-2006
604172450 1 172,000.00 171,999.95 15-Dec-2006 8.500% AZ - 80.00% Paid Off - 360 01-Jun-2006
604183586 1 240,000.00 239,156.21 28-Nov-2006 8.750% MO - 88.89% Paid Off - 360 01-Jun-2006
604194614 1 240,000.00 239,351.61 28-Nov-2006 9.125% TX - 80.00% Paid Off - 360 01-Jul-2006
604194948 1 105,400.00 105,029.41 20-Nov-2006 8.750% OH - 85.00% Paid Off - 360 01-Jun-2006
604195488 1 103,920.00 103,738.33 12-Dec-2006 7.999% IL - 80.00% Paid Off - 360 01-Jun-2006
604195489 1 25,980.00 25,922.99 12-Dec-2006 10.990% IL - 20.00% Paid Off - 180 01-Jun-2006
604206828 1 69,500.00 69,250.79 06-Dec-2006 7.735% MI - 70.20% Paid Off - 360 01-Jul-2006
604250044 1 204,000.00 203,823.18 12-Dec-2006 8.990% CA - 85.00% Paid Off - 360 01-Aug-2006
604259969 1 132,000.00 131,642.09 29-Nov-2006 7.999% IL - 80.00% Paid Off - 360 01-Aug-2006
604261468 1 55,500.00 55,390.74 22-Nov-2006 11.490% OH - 37.00% Paid Off - 360 01-Jun-2006
604261533 1 294,000.00 293,471.70 07-Dec-2006 7.250% MA - 69.18% Paid Off - 360 01-Jul-2006
604262541 1 123,250.00 123,077.40 11-Dec-2006 8.125% FL - 85.00% Paid Off - 360 01-Jul-2006
Page 19 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
604273056 1 448,000.00 447,496.01 28-Nov-2006 8.875% MA - 80.00% Paid Off - 360 01-Jul-2006
604273057 1 112,000.00 111,827.29 28-Nov-2006 11.750% MA - 20.00% Paid Off - 180 01-Jul-2006
605015371 1 230,000.00 229,362.21 11-Dec-2006 8.999% MA - 61.33% Paid Off - 360 01-Jul-2006
605015899 1 108,750.00 108,442.17 22-Nov-2006 8.900% CO - 75.00% Paid Off - 360 01-Jul-2006
605027236 1 123,300.00 123,016.67 11-Dec-2006 9.899% IL - 90.00% Paid Off - 360 01-Jul-2006
605038176 1 69,500.00 69,297.12 16-Nov-2006 8.750% GA - 69.34% Paid Off - 360 01-Jul-2006
605038916 1 104,000.00 103,880.31 28-Nov-2006 8.799% MO - 80.00% Paid Off - 360 01-Jul-2006
605040954 1 281,250.00 280,561.82 15-Dec-2006 9.600% AZ - 75.00% Paid Off - 360 01-Jul-2006
605083122 1 272,000.00 271,604.05 05-Dec-2006 7.990% MA - 80.00% Paid Off - 360 01-Jul-2006
605094414 1 93,750.00 93,613.85 15-Dec-2006 7.999% KS - 85.23% Paid Off - 360 01-Jul-2006
605094832 1 55,000.00 54,638.16 30-Nov-2006 7.999% RI - 18.27% Paid Off - 360 01-Aug-2006
605095072 1 318,750.00 318,403.34 04-Dec-2006 8.990% CA - 74.13% Paid Off - 360 01-Jul-2006
605106485 1 108,000.00 107,785.29 05-Dec-2006 10.580% FL - 54.00% Paid Off - 360 01-Jul-2006
605116898 1 330,400.00 329,578.79 21-Nov-2006 8.750% MA - 80.00% Paid Off - 360 01-Aug-2006
605117462 1 60,800.00 60,631.66 27-Nov-2006 8.999% IL - 80.00% Paid Off - 360 01-Aug-2006
605129385 1 100,000.00 99,568.32 20-Nov-2006 6.799% NJ - 58.82% Paid Off - 360 01-Jul-2006
605185007 1 139,500.00 139,091.58 28-Nov-2006 8.875% VA - 90.00% Paid Off - 360 01-Aug-2006
605185075 1 390,000.00 388,200.71 28-Nov-2006 6.450% CA - 65.00% Paid Off - 360 01-Jul-2006
605185148 1 165,000.00 164,485.52 28-Nov-2006 7.300% NC - 13.75% Paid Off - 360 01-Aug-2006
605195782 1 100,000.00 99,714.91 17-Nov-2006 7.750% FL - 54.05% Paid Off - 360 01-Aug-2006
605196105 1 144,000.00 143,946.66 12-Dec-2006 8.825% GA - 82.29% Paid Off - 360 01-Aug-2006
605196634 1 214,100.00 213,815.03 06-Dec-2006 8.300% PA - 62.08% Paid Off - 360 01-Jul-2006
605227509 1 88,200.00 88,065.34 01-Dec-2006 10.750% WV - 70.00% Paid Off - 360 01-Aug-2006
605238694 1 215,000.00 214,775.14 11-Dec-2006 8.350% IL - 79.63% Paid Off - 360 01-Aug-2006
605238799 1 262,500.00 262,255.79 05-Dec-2006 8.750% VA - 75.00% Paid Off - 360 01-Aug-2006
605238821 1 75,000.00 74,862.71 27-Nov-2006 9.899% FL - 50.68% Paid Off - 360 01-Aug-2006
605238872 1 264,000.00 262,964.75 30-Nov-2006 6.120% TX - 80.00% Paid Off - 360 01-Aug-2006
605305103 1 103,000.00 102,782.85 30-Nov-2006 10.220% GA - 71.03% Paid Off - 360 01-Aug-2006
606017373 1 250,320.00 250,029.45 21-Nov-2006 7.990% IL - 80.00% Paid Off - 360 01-Aug-2006
606029151 1 128,000.00 127,850.90 17-Nov-2006 7.990% AZ - 70.72% Paid Off - 360 01-Aug-2006
606050189 1 180,000.00 179,988.63 06-Dec-2006 6.375% VA - 65.45% Paid Off - 360 01-Aug-2006
606059345 1 288,000.00 287,426.56 11-Dec-2006 9.500% NJ - 80.00% Paid Off - 360 01-Aug-2006
606084319 1 304,000.00 303,255.47 17-Nov-2006 8.500% MA - 80.00% Paid Off - 360 01-Aug-2006
606085461 1 410,000.00 409,524.10 30-Nov-2006 7.990% CA - 89.72% Paid Off - 360 01-Aug-2006
606095608 1 135,900.00 135,900.00 04-Dec-2006 7.249% NM - 90.00% Paid Off - 360 01-Aug-2006
606127599 1 189,000.00 188,859.26 14-Dec-2006 9.500% CA - 90.00% Paid Off - 360 01-Aug-2006
606139333 1 82,500.00 82,360.08 22-Nov-2006 10.259% MO - 75.00% Paid Off - 360 01-Aug-2006
606139557 1 231,000.00 230,502.62 28-Nov-2006 9.125% NJ - 70.00% Paid Off - 360 01-Aug-2006
606195785 1 233,000.00 232,273.47 21-Nov-2006 7.300% AZ - 68.29% Paid Off - 360 01-Aug-2006
606205946 1 147,000.00 146,603.43 16-Nov-2006 8.050% MD - 49.83% Paid Off - 360 01-Aug-2006
606207218 1 330,000.00 330,000.00 13-Dec-2006 6.990% CA - 60.00% Paid Off - 360 01-Aug-2006
606229647 1 110,000.00 109,779.34 01-Dec-2006 8.050% FL - 75.81% Paid Off - 360 01-Sep-2006
Page 20 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
606230300 1 144,000.00 143,735.88 28-Nov-2006 8.490% GA - 90.00% Paid Off - 360 01-Sep-2006
606231022 1 230,000.00 229,552.34 16-Nov-2006 8.199% MO - 65.71% Paid Off - 360 01-Sep-2006
606261586 1 157,500.00 157,228.92 29-Nov-2006 8.799% IL - 90.00% Paid Off - 360 01-Sep-2006
607060123 1 205,500.00 205,345.80 07-Dec-2006 8.490% MD - 63.23% Paid Off - 360 01-Sep-2006
607103671 1 198,000.00 197,809.24 27-Nov-2006 7.625% VA - 90.00% Paid Off - 360 01-Sep-2006
607261037 1 145,000.00 144,705.97 05-Dec-2006 7.999% FL - 72.50% Paid Off - 360 01-Sep-2006
TOTAL 23,343,060.00 23,272,046.54
Page 21 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
Total
Current
Number of Loans Liquidated 1
Collateral Principal Realized Loss/(Gain) Amount 33,545.13
Collateral Interest Realized Loss/(Gain) Amount 228.93
Net Liquidation Proceeds (228.93)
Cumulative
Number of Loans Liquidated 2
Collateral Realized Loss/(Gain) Amount 44,620.76
Net Liquidation Proceeds 179,853.76
Page 22 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
DEFAULT SPEEDS
Total
MDR 0.00%
3 Months Avg MDR 0.01%
12 Months Avg MDR 0.00%
Avg MDR Since Cut-off 0.00%
CDR 0.03%
3 Months Avg CDR 0.07%
12 Months Avg CDR 0.03%
Avg CDR Since Cut-off 0.03%
SDA 0.23%
3 Months Avg SDA Approximation 0.58%
12 Months Avg SDA Approximation 0.38%
Avg SDA Since Cut-off Approximation 0.38%
Loss Severity Approximation for Current Period 100.00%
3 Months Avg Loss Severity Approximation 19.80%
12 Months Avg Loss Severity Approximation 19.80%
Avg Loss Severity Approximation Since Cut-off 19.80%
Page 23 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Weighted Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.
Page 24 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Realized Loss Detail Report
Loan Number Current State & Prior Realized Cumulative
& Loan Note LTV at Original Principal Loss/(Gain) Realized Realized
Loan Group Status Rate Origination Term Balance Revision Loss/(Gain) Loss/(Gain)
512163653 1
9.999% FL - 20.00% 180 33,545.13 33,774.06 33,774.06
TOTAL 33,545.13 33,774.06 33,774.06
Page 25 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
Total
Has the Stepdown Date Occurred? No
Does the Group I Seq. Trigger Event Exist?
Does the Trigger Event Exist? No
A Trigger Event Exists if either (i) or (ii) are true
(i) The quotient of ( (1)/(2) > (3) )
(1) 60+ Day Rolling Delinquency Balance 22,879,518.16
(2) Stated Principal Balance 1,298,914,430.57
60+ Day Delinquency % ( (1)/(2) ) 1.761434%
(3) 34.4% of Senior Enhancement % 0.000000%
(ii) The quotient of ( (4)/(5) > (6))
(4) Aggregate Cumulative Realized Loss 44,620.76
(5) Cutoff Date Pool Principal Balance 0.00
Trigger Event Loss % ( (4)/(5) ) 0.000032%
(6) Applicable Loss % 0.000000%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
Total
Current LIBOR Rate 5.320000%
LIBOR Rate Determination Date 11/23/2006
Next LIBOR Rate 5.350000%
Next LIBOR Rate Determination Date 12/21/2006
Page 26 of 27
Accredited Mortgage Loan Trust 2006-2
Mortgage Pass-Through Certificates
December 26, 2006 Distribution
Other Related Information
ADDITIONAL INFORMATION
Total
Current Scheduled Payments 9,355,640.85
Current Scheduled Payments 1 Month Prior 9,571,525.57
Current Scheduled Payments 2 Month Prior 9,727,040.81
Current Scheduled Payments 3 Month Prior 9,890,159.07
Current Scheduled Payments 4 Month Prior 8,729,543.58
Current Scheduled Payments 5 Month Prior 7,510,194.62
Current Scheduled Payments 6 Month Prior 0.00
Current Scheduled Payments 7 Month Prior 0.00
Current Scheduled Payments 8 Month Prior 0.00
Current Scheduled Payments 9 Month Prior 0.00
Current Scheduled Payments 10 Month Prior 0.00
Current Scheduled Payments 11 Month Prior 0.00
Delinquent 60+ Scheduled Payments 0.00
Delinq. 60+ Sched. Pmnts, 1 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 2 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 3 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 4 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior 0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior 0.00
Page 27 of 27