Redwood Mkt LTV90

EX-99.1 CHARTER 4 redwoodmktltv90.htm EXHIBIT 99.1 Redwood Mkt LTV90

Redwood Sequoia: 2004-10
LTV >= 90

		Minimum	Maximum
Scheduled Principal Balance	$23,433,999	$77,000	$1,800,000
Average Scheduled Principal Balance	$344,618
Number of Mortgage Loans	68

Weighted Average Gross Coupon	3.389%	3.000%	4.250%
Weighted Average FICO Score	728	639	800
Weighted Average Combined Original LTV	97.62%	90.00%	100.00%

Weighted Average Original Term	316 months	300 months	360 months
Weighted Average Stated Remaining Term	315 months	298 months	360 months
Weighted Average Seasoning	1 months	0 months	19 months

Weighted Average Gross Margin	1.604%	1.375%	2.250%
Weighted Average Minimum Interest Rate	1.604%	1.375%	2.250%
Weighted Average Maximum Interest Rate	12.000%	12.000%	12.000%
Weighted Average Initial Rate Cap	0.000%	0.000%	0.000%
Weighted Average Subsequent Rate Cap	0.000%	0.000%	0.000%
Weighted Average Months to Roll	3 months	1 months	6 months

Maturity Date		Aug 1 2029	Oct 1 2034
Maximum Zip Code Concentration	7.68%	34134 (Bonita Beach, FL)

ARM	100.00%

1 MO LIBOR	55.84%
6 MO LIBOR	44.16%

Interest Only	100.00%

Prepay Penalty: 0 months	86.73%
Prepay Penalty: 36 months	13.27%

First Lien	100.00%

Alternative Documentation	38.13%
Full Documentation	36.21%
Lite Documentation	24.27%
No Ratio	1.39%

Cash Out Refinance	2.48%
Purchase	84.15%
Rate/Term Refinance	13.38%

Condominium	21.01%
Planned Unit Development	19.12%
Single Family	58.40%
Two-Four Family	1.47%

Investor	7.28%
Primary	69.61%
Second Home	23.11%

Top 5 States:
Florida	18.86%
Hawaii	13.12%
Minnesota	6.82%
Ohio	6.04%
Virginia	5.28%

Redwood Sequoia: 2004-10

LTV >= 90
Current Principal Balance	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
50,000.01 - 100,000.00	3	266,900.00	1.14%	3.678	342	95.41	706
100,000.01 - 150,000.00	12	1,481,811.00	6.32%	3.565	348	94.28	715
150,000.01 - 200,000.00	12	2,144,049.80	9.15%	3.667	347	94.96	735
200,000.01 - 250,000.00	11	2,398,300.00	10.23%	3.450	338	95.82	728
250,000.01 - 300,000.00	5	1,385,050.00	5.91%	3.353	320	95.89	741
300,000.01 - 350,000.00	4	1,318,750.00	5.63%	3.437	315	98.76	733
350,000.01 - 400,000.00	8	3,024,638.00	12.91%	3.501	307	98.11	735
400,000.01 - 450,000.00	2	823,000.00	3.51%	3.313	329	90.95	723
450,000.01 - 500,000.00	1	472,500.00	2.02%	3.875	299	90.00	693
500,000.01 - 550,000.00	1	502,000.00	2.14%	3.000	299	100.00	692
550,000.01 - 600,000.00	2	1,176,000.00	5.02%	3.249	300	100.00	748
650,000.01 - 700,000.00	1	695,000.00	2.97%	3.125	300	100.00	753
750,000.01 - 800,000.00	1	791,000.00	3.38%	3.125	300	100.00	784
850,000.01 - 900,000.00	1	855,000.00	3.65%	3.500	300	100.00	747
1,000,000.01+	4	6,100,000.00	26.03%	3.233	299	100.00	710
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Current Gross Rate	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
3.000 - 3.499	26	13,587,111.00	57.98%	3.178	304	99.19	724
3.500 - 3.999	38	9,221,588.00	39.35%	3.653	330	95.54	732
4.000 - 4.499	4	625,299.80	2.67%	4.080	340	94.05	739
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

FICO	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
625-649	2	2,146,938.00	9.16%	3.397	299	100.00	640
650-674	7	972,900.00	4.15%	3.645	359	94.01	661
675-699	9	3,564,100.00	15.21%	3.376	316	97.23	690
700+	50	16,750,060.80	71.48%	3.376	315	97.61	751
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Combined Original LTV	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
90.00- 94.99	23	4,713,500.00	20.11%	3.576	343	92.18	717
95.00- 99.99	18	4,168,149.80	17.79%	3.718	339	95.46	732
100.00	27	14,552,349.00	62.10%	3.233	300	100.00	730
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Original Term (months)	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
300	34	17,054,248.80	72.78%	3.302	300	99.04	732
360	34	6,379,750.00	27.22%	3.619	358	93.83	715
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Stated Remaining Term (months)	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
241-300	34	17,054,248.80	72.78%	3.302	300	99.04	732
301-360	34	6,379,750.00	27.22%	3.619	358	93.83	715
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Debt Ratio	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
0.01 -20.00	5	2,066,150.00	8.82%	3.214	303	99.42	715
20.01 -25.00	6	3,568,700.00	15.23%	3.442	309	97.35	743
25.01 -30.00	6	2,961,700.00	12.64%	3.288	307	99.33	755
30.01 -35.00	9	2,129,788.00	9.09%	3.645	329	96.27	712
35.01 -40.00	17	3,102,249.80	13.24%	3.549	346	94.48	720
40.01 -45.00	11	3,210,150.00	13.70%	3.334	323	95.91	726
45.01 -50.00	5	1,227,750.00	5.24%	3.395	318	98.38	744
50.01 -55.00	5	2,001,511.00	8.54%	3.395	300	98.54	753
55.01 -60.00	3	1,391,000.00	5.94%	3.101	300	100.00	754
None	1	1,775,000.00	7.57%	3.375	299	100.00	639
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

FRM/ARM	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
ARM	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Product	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
1 MO LIBOR	29	13,085,761.00	55.84%	3.212	307	99.08	740
6 MO LIBOR	39	10,348,237.80	44.16%	3.612	326	95.78	713
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Interest Only	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Interest Only	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Prepayment Penalty Original Term (months)	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Prepay Penalty: 0 months	51	20,324,298.80	86.73%	3.352	309	98.25	732
Prepay Penalty: 36 months	17	3,109,700.00	13.27%	3.626	359	93.52	700
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Lien	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
First Lien	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Documentation Type	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Alternative Documentation	11	8,935,838.00	38.13%	3.263	300	100.00	719
Full Documentation	40	8,486,149.80	36.21%	3.644	343	93.43	723
Lite Documentation	16	5,687,011.00	24.27%	3.221	300	100.00	747
No Ratio	1	325,000.00	1.39%	3.125	300	100.00	740
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Loan Purpose	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Cash Out Refinance	2	580,000.00	2.48%	3.080	300	100.00	707
Purchase	47	19,719,548.80	84.15%	3.373	310	98.10	731
Rate/Term Refinance	19	3,134,450.00	13.38%	3.545	353	94.18	707
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Property Type	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Condominium	11	4,922,750.00	21.01%	3.337	308	99.03	746
Planned Unit Development	15	4,481,548.80	19.12%	3.514	322	96.18	715
Single Family	40	13,685,400.00	58.40%	3.370	316	97.64	724
Two-Four Family	2	344,300.00	1.47%	3.231	327	95.37	754
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Occupancy Status	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Investor	4	1,706,500.00	7.28%	3.227	300	99.98	765
Primary	54	16,312,598.80	69.61%	3.484	322	96.58	716
Second Home	10	5,414,900.00	23.11%	3.153	300	100.00	750
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

State	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Alaska	1	205,000.00	0.87%	3.500	298	100.00	781
Arizona	3	806,349.80	3.44%	3.310	307	97.54	710
Arkansas	1	139,000.00	0.59%	3.125	300	100.00	800
California	3	1,164,000.00	4.97%	3.150	312	97.99	727
Colorado	2	413,250.00	1.76%	3.376	360	95.00	685
Florida	9	4,419,761.00	18.86%	3.397	306	98.39	744
Georgia	1	232,200.00	0.99%	3.875	359	90.00	759
Hawaii	2	3,075,000.00	13.12%	3.216	299	100.00	694
Illinois	4	1,066,950.00	4.55%	3.542	306	97.61	747
Maryland	1	695,000.00	2.97%	3.125	300	100.00	753
Massachusetts	2	1,001,000.00	4.27%	3.099	300	100.00	774
Minnesota	2	1,597,900.00	6.82%	3.192	300	100.00	700
Nevada	2	791,600.00	3.38%	3.619	330	93.38	710
New Jersey	3	770,500.00	3.29%	3.476	327	92.34	729
New Mexico	2	355,000.00	1.51%	3.299	328	97.34	755
New York	2	1,143,000.00	4.88%	3.594	300	97.48	759
North Carolina	4	970,750.00	4.14%	3.445	322	98.03	764
Ohio	9	1,415,750.00	6.04%	3.618	347	95.10	707
Oregon	1	119,250.00	0.51%	4.000	359	90.00	787
Pennsylvania	1	199,500.00	0.85%	4.250	358	95.00	695
Tennessee	1	370,000.00	1.58%	3.125	300	100.00	691
Texas	4	985,138.00	4.20%	3.460	336	96.31	672
Utah	1	259,700.00	1.11%	3.375	342	94.88	719
Virginia	7	1,238,400.00	5.28%	3.645	352	94.83	753
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Gross Margin	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
1.000 - 1.499	19	10,121,199.00	43.19%	3.133	301	99.85	735
1.500 - 1.999	31	10,279,699.80	43.87%	3.547	317	96.51	724
2.000 - 2.499	18	3,033,100.00	12.94%	3.703	356	93.94	717
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Minimum Interest Rate	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
1.000 - 1.499	19	10,121,199.00	43.19%	3.133	301	99.85	735
1.500 - 1.999	31	10,279,699.80	43.87%	3.547	317	96.51	724
2.000 - 2.499	18	3,033,100.00	12.94%	3.703	356	93.94	717
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Maximum Interest Rate	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
12.000 -12.499	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Initial Periodic Rate Cap	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
0.000	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Subsequent Periodic Rate Cap	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
0.000	68	23,433,998.80	100.00%	3.389	315	97.62	728
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728

Next Rate Change Date	# of Loans	Current Principal Balance	Pct by Curr Prin Bal	Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
11/01/04	29	13,085,761.00	55.84%	3.212	307	99.08	740
12/01/04	2	470,100.00	2.01%	3.284	356	94.83	705
02/01/05	4	664,500.00	2.84%	3.794	339	95.73	739
03/01/05	20	6,020,800.00	25.69%	3.601	328	95.24	695
04/01/05	13	3,192,837.80	13.62%	3.641	316	96.94	741
Total	68	23,433,998.80	100.00%	3.389	315	97.62	728