8-K 1 ahm04002_8k-200512.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 27, 2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the December 27, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/31/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the December 27, 2005 distribution. EX-99.1 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 11/30/2005 Distribution Date: 12/27/2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660
Certificateholder Distribution Summary Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance I-A 02660TAV5 4.54375% 130,921,975.39 528,779.31 II-A 02660TAW3 3.77000% 118,956,148.47 373,720.57 III-A 02660TAX1 4.34000% 71,806,492.35 259,700.15 IV-A-1 02660TAY9 2.44000% 0.00 0.00 IV-A-2 02660TAZ6 3.63500% 38,283,606.88 115,967.43 IV-A-3 02660TBA0 4.55000% 97,028,000.00 367,897.83 IV-A-4 02660TBB8 4.55000% 54,126,000.00 205,227.75 IV-A-5 02660TBC6 4.55000% 61,208,000.00 232,080.33 IV-A-6 02660TBD4 4.55000% 105,751,000.00 400,972.54 V-A 02660TBE2 5.50000% 57,445,476.03 263,291.77 M-1 02660TBF9 4.79375% 44,880,000.00 191,238.67 M-2 02660TBG7 5.64375% 13,808,000.00 69,270.13 M-3 02660TBH5 6.69375% 8,285,500.00 49,298.72 N 02660TBJ1 5.50000% 0.00 0.00 OT AHM0402OT 0.00000% 0.00 284,852.65 OC 0.00000% 5,523,437.16 0.00 Totals 808,023,636.28 3,342,297.85
Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cummulative Distribution Realized Certificate Distribution Realized Loss Balance Losses I-A 12,186,310.09 0.00 118,735,665.30 12,715,089.40 0.00 II-A 3,721,549.29 0.00 115,234,599.18 4,095,269.86 0.00 III-A 5,477,817.77 0.00 66,328,674.58 5,737,517.92 0.00 IV-A-1 0.00 0.00 0.00 0.00 0.00 IV-A-2 11,005,466.74 0.00 27,278,140.14 11,121,434.17 0.00 IV-A-3 0.00 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 0.00 105,751,000.00 400,972.54 0.00 V-A 1,659,747.38 0.00 55,785,728.65 1,923,039.15 0.00 M-1 0.00 0.00 44,880,000.00 191,238.67 0.00 M-2 0.00 0.00 13,808,000.00 69,270.13 0.00 M-3 0.00 0.00 8,285,500.00 49,298.72 0.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 284,852.65 0.00 OC 0.00 0.00 5,523,437.16 0.00 0.00 Totals 34,050,891.27 0.00 773,972,745.01 37,393,189.12 0.00 This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so.Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.
Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution I-A 391,853,000.00 130,921,975.39 0.00 12,186,310.09 0.00 0.00 II-A 179,968,000.00 118,956,148.47 0.00 3,721,549.29 0.00 0.00 III-A 135,297,000.00 71,806,492.35 0.00 5,477,817.77 0.00 0.00 IV-A-1 139,521,000.00 0.00 0.00 0.00 0.00 0.00 IV-A-2 52,675,000.00 38,283,606.88 0.00 11,005,466.74 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 57,445,476.03 0.00 1,659,747.38 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 808,023,636.28 0.00 34,050,891.27 0.00 0.00
Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A 12,186,310.09 118,735,665.30 0.303011 12,186,310.09 II-A 3,721,549.29 115,234,599.18 0.640306 3,721,549.29 III-A 5,477,817.77 66,328,674.58 0.490245 5,477,817.77 IV-A-1 0.00 0.00 0.000000 0.00 IV-A-2 11,005,466.74 27,278,140.14 0.517857 11,005,466.74 IV-A-3 0.00 97,028,000.00 1.000000 0.00 IV-A-4 0.00 54,126,000.00 1.000000 0.00 IV-A-5 0.00 61,208,000.00 1.000000 0.00 IV-A-6 0.00 105,751,000.00 1.000000 0.00 V-A 1,659,747.38 55,785,728.65 0.613468 1,659,747.38 M-1 0.00 44,880,000.00 1.000000 0.00 M-2 0.00 13,808,000.00 1.000000 0.00 M-3 0.00 8,285,500.00 1.000000 0.00 N 0.00 0.00 0.000000 0.00 OT 0.00 0.00 0.000000 0.00 OC 0.00 5,523,437.16 0.999936 0.00 Totals 34,050,891.27 773,972,745.01 0.554875 34,050,891.27
Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution I-A 391,853,000.00 334.109922 0.000000 31.099188 0.000000 II-A 179,968,000.00 660.985000 0.000000 20.678950 0.000000 III-A 135,297,000.00 530.732332 0.000000 40.487356 0.000000 IV-A-1 139,521,000.00 0.000000 0.000000 0.000000 0.000000 IV-A-2 52,675,000.00 726.788930 0.000000 208.931500 0.000000 IV-A-3 97,028,000.00 1000.000000 0.000000 0.000000 0.000000 IV-A-4 54,126,000.00 1000.000000 0.000000 0.000000 0.000000 IV-A-5 61,208,000.00 1000.000000 0.000000 0.000000 0.000000 IV-A-6 105,751,000.00 1000.000000 0.000000 0.000000 0.000000 V-A 90,935,000.00 631.720196 0.000000 18.252019 0.000000 M-1 44,880,000.00 1000.000000 0.000000 0.000000 0.000000 M-2 13,808,000.00 1000.000000 0.000000 0.000000 0.000000 M-3 8,285,500.00 1000.000000 0.000000 0.000000 0.000000 N 14,000,000.00 0.000000 0.000000 0.000000 0.000000 OT 0.00 0.000000 0.000000 0.000000 0.000000 OC 5,523,789.25 999.936259 0.000000 0.000000 0.000000
Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A 0.000000 31.099188 303.010734 0.303011 31.099188 II-A 0.000000 20.678950 640.306050 0.640306 20.678950 III-A 0.000000 40.487356 490.244976 0.490245 40.487356 IV-A-1 0.000000 0.000000 0.000000 0.000000 0.000000 IV-A-2 0.000000 208.931500 517.857430 0.517857 208.931500 IV-A-3 0.000000 0.000000 1,000.000000 1.000000 0.000000 IV-A-4 0.000000 0.000000 1,000.000000 1.000000 0.000000 IV-A-5 0.000000 0.000000 1,000.000000 1.000000 0.000000 IV-A-6 0.000000 0.000000 1,000.000000 1.000000 0.000000 V-A 0.000000 18.252019 613.468177 0.613468 18.252019 M-1 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-2 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-3 0.000000 0.000000 1,000.000000 1.000000 0.000000 N 0.000000 0.000000 0.000000 0.000000 0.000000 OT 0.000000 0.000000 0.000000 0.000000 0.000000 OC 0.000000 0.000000 999.936259 0.999936 0.000000
Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Balance Interest Shortfall I-A 11/25/05 - 12/26/05 32 4.54375% 130,921,975.39 528,779.31 0.00 II-A 11/01/05 - 11/30/05 30 3.77000% 118,956,148.47 373,720.57 0.00 III-A 11/01/05 - 11/30/05 30 4.34000% 71,806,492.35 259,700.15 0.00 IV-A-1 N/A N/A 2.44000% 0.00 0.00 0.00 IV-A-2 11/25/05 - 12/24/05 30 3.63500% 38,283,606.88 115,967.43 0.00 IV-A-3 11/01/05 - 11/30/05 30 4.55000% 97,028,000.00 367,897.83 0.00 IV-A-4 11/01/05 - 11/30/05 30 4.55000% 54,126,000.00 205,227.75 0.00 IV-A-5 11/01/05 - 11/30/05 30 4.55000% 61,208,000.00 232,080.33 0.00 IV-A-6 11/01/05 - 11/30/05 30 4.55000% 105,751,000.00 400,972.54 0.00 V-A 11/01/05 - 11/30/05 30 5.50000% 57,445,476.03 263,291.77 0.00 M-1 11/25/05 - 12/26/05 32 4.79375% 44,880,000.00 191,238.67 0.00 M-2 11/25/05 - 12/26/05 32 5.64375% 13,808,000.00 69,270.13 0.00 M-3 11/25/05 - 12/26/05 32 6.69375% 8,285,500.00 49,298.72 0.00 N N/A N/A 5.50000% 0.00 0.00 0.00 OT N/A N/A 0.00000% 0.00 0.00 0.00 OC N/A N/A 0.00000% 5,523,437.16 0.00 0.00 Totals 3,057,445.20 0.00
Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/Notional Shortfall(1) Shortfall Distribution Shortfall(2) Balance I-A 0.00 0.00 528,779.31 0.00 118,735,665.30 II-A 0.00 0.00 373,720.57 0.00 115,234,599.18 III-A 0.00 0.00 259,700.15 0.00 66,328,674.58 IV-A-1 0.00 0.00 0.00 0.00 0.00 IV-A-2 0.00 0.00 115,967.43 0.00 27,278,140.14 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 263,291.77 0.00 55,785,728.65 M-1 0.00 0.00 191,238.67 0.00 44,880,000.00 M-2 0.00 0.00 69,270.13 0.00 13,808,000.00 M-3 0.00 0.00 49,298.72 0.00 8,285,500.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 284,852.65 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,342,297.85 0.00 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable All Classes are per $1,000 Denomination
Interest Distribution Factors Statement Class Accrual Original Current Beginning Current Payment of Dates Face Certificate Certificate/Notional Accrued Unpaid Interest Amount Rate Balance Interest Shortfall I-A 11/25/05 - 12/26/05 391,853,000.00 4.54375% 334.109922 1.349433 0.000000 II-A 11/01/05 - 11/30/05 179,968,000.00 3.77000% 660.985000 2.076595 0.000000 III-A 11/01/05 - 11/30/05 135,297,000.00 4.34000% 530.732332 1.919482 0.000000 IV-A-1 N/A 139,521,000.00 2.44000% 0.000000 0.000000 0.000000 IV-A-2 11/25/05 - 12/24/05 52,675,000.00 3.63500% 726.788930 2.201565 0.000000 IV-A-3 11/01/05 - 11/30/05 97,028,000.00 4.55000% 1000.000000 3.791667 0.000000 IV-A-4 11/01/05 - 11/30/05 54,126,000.00 4.55000% 1000.000000 3.791667 0.000000 IV-A-5 11/01/05 - 11/30/05 61,208,000.00 4.55000% 1000.000000 3.791667 0.000000 IV-A-6 11/01/05 - 11/30/05 105,751,000.00 4.55000% 1000.000000 3.791667 0.000000 V-A 11/01/05 - 11/30/05 90,935,000.00 5.50000% 631.720196 2.895384 0.000000 M-1 11/25/05 - 12/26/05 44,880,000.00 4.79375% 1000.000000 4.261111 0.000000 M-2 11/25/05 - 12/26/05 13,808,000.00 5.64375% 1000.000000 5.016666 0.000000 M-3 11/25/05 - 12/26/05 8,285,500.00 6.69375% 1000.000000 5.949999 0.000000 N N/A 14,000,000.00 5.50000% 0.000000 0.000000 0.000000 OT N/A 0.00 0.00000% 0.000000 0.000000 0.000000 OC N/A 5,523,789.25 0.00000% 999.936259 0.000000 0.000000
Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(2) Notional Balance I-A 0.000000 0.000000 1.349433 0.000000 303.010734 II-A 0.000000 0.000000 2.076595 0.000000 640.306050 III-A 0.000000 0.000000 1.919482 0.000000 490.244976 IV-A-1 0.000000 0.000000 0.000000 0.000000 0.000000 IV-A-2 0.000000 0.000000 2.201565 0.000000 517.857430 IV-A-3 0.000000 0.000000 3.791667 0.000000 1000.000000 IV-A-4 0.000000 0.000000 3.791667 0.000000 1000.000000 IV-A-5 0.000000 0.000000 3.791667 0.000000 1000.000000 IV-A-6 0.000000 0.000000 3.791667 0.000000 1000.000000 V-A 0.000000 0.000000 2.895384 0.000000 613.468177 M-1 0.000000 0.000000 4.261111 0.000000 1000.000000 M-2 0.000000 0.000000 5.016666 0.000000 1000.000000 M-3 0.000000 0.000000 5.949999 0.000000 1000.000000 N 0.000000 0.000000 0.000000 0.000000 0.000000 OT 0.000000 0.000000 0.000000 0.000000 0.000000 OC 0.000000 0.000000 0.000000 0.000000 999.936259 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable. Per $1 denomination.
Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 37,555,845.39 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 224,062.19 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 0.00 Total Deposits 37,779,907.58 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 180,239.47 Total Administration Fees 206,478.99 Payment of Interest and Principal 37,393,189.12 Total Withdrawals (Pool Distribution Amount) 37,779,907.58 Ending Balance 0.00 *Servicer Payees include: AMERICAN HOME MTG CORP
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
ADMINISTRATION FEES Gross Servicing Fee* 206,478.99 Additional 1 Fee 0.00 Additional 2 Fee 0.00 Additional 3 Fee 0.00 Additional 4 Fee 0.00 Additional Servicing Fee 0.00 Bond Fee 1 0.00 Bond Fee 2 0.00 Bond Fee 3 0.00 Bond Fee 4 0.00 Bond Fee 5 0.00 Bond Fee 6 0.00 Certificate Administration Fee 0.00 External Master Servicing Fee 0.00 Fix Retained Yield 0.00 Master Servicing Fee 0.00 Miscellaneous Fee 0.00 Pool Insurance Fee 0.00 Special Hazard Fee 0.00 Special Servicing Fee 0.00 Spread 1 Fee 0.00 Spread 2 Fee 0.00 Spread 3 Fee 0.00 Supplemental Pool Insurance Fee 0.00 Trustee Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 206,478.99
Reserve Accounts Account Name Beginning Current Withdrawals Current Deposits Ending Balance Balance N_CLASS_RESERVE_FUND 25,684.88 0.00 74.41 25,759.29 CLASS_A_RESERVE_FUND 287,679.00 0.00 0.00 287,679.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.270306% Weighted Average Net Coupon 4.963663% Weighted Average Pass-Through Rate 4.963663% Weighted Average Remaining Term 340 Beginning Scheduled Collateral Loan Count 3,112 Number Of Loans Paid In Full 122 Ending Scheduled Collateral Loan Count 2,990 Beginning Scheduled Collateral Balance 808,023,636.28 Ending Scheduled Collateral Balance 773,972,745.01 Ending Actual Collateral Balance at 30-Nov-2005 774,422,797.58 Monthly P&I Constant 4,001,514.58 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 0.00 Prepayment Penalty Paid Count 0 Realized Loss Amount 0.00 Cumulative Realized Loss 55,907.07 Scheduled Principal 452,738.05 Unscheduled Principal 33,598,153.22 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 328,241.89
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.868521 4.280663 5.690531 Weighted Average Net Rate 5.534439 3.989585 5.348858 Weighted Average Remaining Term 341 342 342 Beginning Loan Count 624 390 382 Loans Paid In Full 40 12 20 Ending Loan Count 584 378 362 Beginning Scheduled Balance 152,604,381.70 128,934,025.15 79,309,765.31 Ending Scheduled Balance 140,418,071.61 125,212,475.86 73,831,947.54 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 809,882.44 502,026.43 445,528.05 Scheduled Principal 63,580.74 42,090.45 69,432.50 Unscheduled Principal 12,122,729.35 3,679,458.84 5,408,385.27 Scheduled Interest 746,301.70 459,935.98 376,095.55 Servicing Fee 42,485.34 31,274.94 22,581.65 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 703,816.36 428,661.04 353,513.90 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 55,907.07 0.00 0.00 Percentage of Cumulative Losses 0.0135 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount 0.00 0.00 0.00 Prepayment Penalty Paid Count 0 0 0 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.534439 3.989585 5.348858
Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.048882 6.681090 5.270306 Weighted Average Net Rate 4.745929 6.431090 4.963663 Weighted Average Remaining Term 342 322 340 Beginning Loan Count 1,322 394 3,112 Loans Paid In Full 40 10 122 Ending Loan Count 1,282 384 2,990 Beginning Scheduled Balance 384,686,098.49 62,489,365.63 808,023,636.28 Ending scheduled Balance 373,680,631.75 60,829,618.25 773,972,745.01 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 1,818,344.57 425,733.09 4,001,514.58 Scheduled Principal 199,815.48 77,818.88 452,738.05 Unscheduled Principal 10,805,651.26 1,581,928.50 33,598,153.22 Scheduled Interest 1,618,529.09 347,914.21 3,548,776.53 Servicing Fee 97,118.44 13,018.62 206,478.99 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,521,410.65 334,895.59 3,342,297.54 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 55,907.07 Percentage of Cumulative Losses 0.0000 0.0000 0.0040 Prepayment Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount 0.00 0.00 0.00 Prepayment Penalty Paid Count 0 0 0 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.745929 6.431090 4.963663
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 22 0 0 22 4,092,429.62 0.00 0.00 4,092,429.62 30 Days 11 2 0 0 13 2,061,809.58 678,540.99 0.00 0.00 2,740,350.57 60 Days 2 1 2 0 5 477,023.31 93,459.39 221,903.84 0.00 792,386.54 90 Days 4 0 1 0 5 921,732.79 0.00 489,002.43 0.00 1,410,735.22 120 Days 1 1 1 0 3 160,073.86 287,872.76 202,500.00 0.00 650,446.62 150 Days 1 1 2 0 4 50,724.70 73,051.77 173,742.73 0.00 297,519.20 180+ Days 16 4 10 0 30 3,108,819.02 851,602.89 1,299,265.63 0.00 5,259,687.54 Totals 35 31 16 0 82 6,780,183.26 6,076,957.42 2,386,414.63 0.00 15,243,555.31 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.735786% 0.000000% 0.000000% 0.735786% 0.528449% 0.000000% 0.000000% 0.528449% 30 Days 0.367893% 0.066890% 0.000000% 0.000000% 0.434783% 0.266238% 0.087619% 0.000000% 0.000000% 0.353857% 60 Days 0.066890% 0.033445% 0.066890% 0.000000% 0.167224% 0.061597% 0.012068% 0.028654% 0.000000% 0.102320% 90 Days 0.133779% 0.000000% 0.033445% 0.000000% 0.167224% 0.119022% 0.000000% 0.063144% 0.000000% 0.182166% 120 Days 0.033445% 0.033445% 0.033445% 0.000000% 0.100334% 0.020670% 0.037173% 0.026149% 0.000000% 0.083991% 150 Days 0.033445% 0.033445% 0.066890% 0.000000% 0.133779% 0.006550% 0.009433% 0.022435% 0.000000% 0.038418% 180+ Days 0.535117% 0.133779% 0.334448% 0.000000% 1.003344% 0.401437% 0.109966% 0.167772% 0.000000% 0.679175% Totals 1.170569% 1.036789% 0.535117% 0.000000% 2.742475% 0.875514% 0.784708% 0.308154% 0.000000% 1.968376%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 224,062.19
Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 292,476.46 0.00 0.00 292,476.46 30 Days 5 0 0 0 5 1,047,797.20 0.00 0.00 0.00 1,047,797.20 60 Days 1 0 0 0 1 168,591.13 0.00 0.00 0.00 168,591.13 90 Days 2 0 0 0 2 708,539.76 0.00 0.00 0.00 708,539.76 120 Days 0 0 1 0 1 0.00 0.00 202,500.00 0.00 202,500.00 150 Days 1 0 1 0 2 50,724.70 0.00 57,614.18 0.00 108,338.88 180+ Days 6 2 4 0 12 737,609.43 288,800.00 426,502.11 0.00 1,452,911.54 Totals 15 3 6 0 24 2,713,262.22 581,276.46 686,616.29 0.00 3,981,154.97 0-29 Days 0.171233% 0.000000% 0.000000% 0.171233% 0.208192% 0.000000% 0.000000% 0.208192% 30 Days 0.856164% 0.000000% 0.000000% 0.000000% 0.856164% 0.745848% 0.000000% 0.000000% 0.000000% 0.745848% 60 Days 0.171233% 0.000000% 0.000000% 0.000000% 0.171233% 0.120007% 0.000000% 0.000000% 0.000000% 0.120007% 90 Days 0.342466% 0.000000% 0.000000% 0.000000% 0.342466% 0.504356% 0.000000% 0.000000% 0.000000% 0.504356% 120 Days 0.000000% 0.000000% 0.171233% 0.000000% 0.171233% 0.000000% 0.000000% 0.144145% 0.000000% 0.144145% 150 Days 0.171233% 0.000000% 0.171233% 0.000000% 0.342466% 0.036107% 0.000000% 0.041011% 0.000000% 0.077118% 180+ Days 1.027397% 0.342466% 0.684932% 0.000000% 2.054795% 0.525049% 0.205575% 0.303595% 0.000000% 1.034218% Totals 2.568493% 0.513699% 1.027397% 0.000000% 4.109589% 1.931367% 0.413767% 0.488750% 0.000000% 2.833885% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 2 0 0 2 529,917.01 0.00 0.00 529,917.01 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 1 0 0 0 1 648,000.00 0.00 0.00 0.00 648,000.00 Totals 1 2 0 0 3 648,000.00 529,917.01 0.00 0.00 1,177,917.01 0-29 Days 0.529101% 0.000000% 0.000000% 0.529101% 0.423061% 0.000000% 0.000000% 0.423061% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.264550% 0.000000% 0.000000% 0.000000% 0.264550% 0.517333% 0.000000% 0.000000% 0.000000% 0.517333% Totals 0.264550% 0.529101% 0.000000% 0.000000% 0.793651% 0.517333% 0.423061% 0.000000% 0.000000% 0.940394% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group III No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 5 0 0 5 1,035,603.15 0.00 0.00 1,035,603.15 30 Days 2 1 0 0 3 172,176.35 350,620.29 0.00 0.00 522,796.64 60 Days 0 0 1 0 1 0.00 0.00 104,103.73 0.00 104,103.73 90 Days 0 0 1 0 1 0.00 0.00 489,002.43 0.00 489,002.43 120 Days 0 1 0 0 1 0.00 287,872.76 0.00 0.00 287,872.76 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 2 1 2 0 5 417,847.65 246,537.26 239,786.90 0.00 904,171.81 Totals 4 8 4 0 16 590,024.00 1,920,633.46 832,893.06 0.00 3,343,550.52 0-29 Days 1.381215% 0.000000% 0.000000% 1.381215% 1.401160% 0.000000% 0.000000% 1.401160% 30 Days 0.552486% 0.276243% 0.000000% 0.000000% 0.828729% 0.232953% 0.474386% 0.000000% 0.000000% 0.707338% 60 Days 0.000000% 0.000000% 0.276243% 0.000000% 0.276243% 0.000000% 0.000000% 0.140851% 0.000000% 0.140851% 90 Days 0.000000% 0.000000% 0.276243% 0.000000% 0.276243% 0.000000% 0.000000% 0.661615% 0.000000% 0.661615% 120 Days 0.000000% 0.276243% 0.000000% 0.000000% 0.276243% 0.000000% 0.389489% 0.000000% 0.000000% 0.389489% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.552486% 0.276243% 0.552486% 0.000000% 1.381215% 0.565344% 0.333562% 0.324429% 0.000000% 1.223335% Totals 1.104972% 2.209945% 1.104972% 0.000000% 4.419890% 0.798296% 2.598597% 1.126896% 0.000000% 4.523789% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group IV No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 9 0 0 9 1,735,267.42 0.00 0.00 1,735,267.42 30 Days 3 1 0 0 4 791,624.87 327,920.70 0.00 0.00 1,119,545.57 60 Days 0 1 1 0 2 0.00 93,459.39 117,800.11 0.00 211,259.50 90 Days 2 0 0 0 2 213,193.03 0.00 0.00 0.00 213,193.03 120 Days 1 0 0 0 1 160,073.86 0.00 0.00 0.00 160,073.86 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 4 1 3 0 8 926,247.69 316,265.63 441,597.71 0.00 1,684,111.03 Totals 10 12 4 0 26 2,091,139.45 2,472,913.14 559,397.82 0.00 5,123,450.41 0-29 Days 0.702028% 0.000000% 0.000000% 0.702028% 0.464140% 0.000000% 0.000000% 0.464140% 30 Days 0.234009% 0.078003% 0.000000% 0.000000% 0.312012% 0.211740% 0.087710% 0.000000% 0.000000% 0.299450% 60 Days 0.000000% 0.078003% 0.078003% 0.000000% 0.156006% 0.000000% 0.024998% 0.031509% 0.000000% 0.056507% 90 Days 0.156006% 0.000000% 0.000000% 0.000000% 0.156006% 0.057024% 0.000000% 0.000000% 0.000000% 0.057024% 120 Days 0.078003% 0.000000% 0.000000% 0.000000% 0.078003% 0.042816% 0.000000% 0.000000% 0.000000% 0.042816% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.312012% 0.078003% 0.234009% 0.000000% 0.624025% 0.247748% 0.084593% 0.118116% 0.000000% 0.450457% Totals 0.780031% 0.936037% 0.312012% 0.000000% 2.028081% 0.559327% 0.661442% 0.149625% 0.000000% 1.370393% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group V No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 5 0 0 5 499,165.58 0.00 0.00 499,165.58 30 Days 1 0 0 0 1 50,211.16 0.00 0.00 0.00 50,211.16 60 Days 1 0 0 0 1 308,432.18 0.00 0.00 0.00 308,432.18 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 1 1 0 2 0.00 73,051.77 116,128.55 0.00 189,180.32 180+ Days 3 0 1 0 4 379,114.25 0.00 191,378.91 0.00 570,493.16 Totals 5 6 2 0 13 737,757.59 572,217.35 307,507.46 0.00 1,617,482.40 0-29 Days 1.302083% 0.000000% 0.000000% 1.302083% 0.819603% 0.000000% 0.000000% 0.819603% 30 Days 0.260417% 0.000000% 0.000000% 0.000000% 0.260417% 0.082444% 0.000000% 0.000000% 0.000000% 0.082444% 60 Days 0.260417% 0.000000% 0.000000% 0.000000% 0.260417% 0.506429% 0.000000% 0.000000% 0.000000% 0.506429% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.260417% 0.260417% 0.000000% 0.520833% 0.000000% 0.119947% 0.190677% 0.000000% 0.310624% 180+ Days 0.781250% 0.000000% 0.260417% 0.000000% 1.041667% 0.622485% 0.000000% 0.314234% 0.000000% 0.936719% Totals 1.302083% 1.562500% 0.520833% 0.000000% 3.385417% 1.211358% 0.939550% 0.504911% 0.000000% 2.655819%
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.062% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.126% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.055% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group V 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.162% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 4 Jan-05 0.438% Original Principal Balance 563,750.00 Feb-05 0.523% Current Principal Balance 560,603.84 Mar-05 0.634% Apr-05 0.650% Current Foreclosure Total May-05 0.574% Loans in Foreclosure 16 Jun-05 0.672% Original Principal Balance 2,411,730.00 Jul-05 0.726% Current Principal Balance 2,386,414.63 Aug-05 0.589% Sep-05 0.583% Oct-05 0.601% Nov-05 0.698% Dec-05 0.308% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Jan-05 0.296% Original Principal Balance 338,700.00 Feb-05 0.564% Current Principal Balance 338,700.00 Mar-05 0.876% Apr-05 0.828% Current Foreclosure Total May-05 0.935% Loans in Foreclosure 6 Jun-05 1.083% Original Principal Balance 688,680.00 Jul-05 0.884% Current Principal Balance 686,616.29 Aug-05 0.717% Sep-05 0.673% Oct-05 1.042% Nov-05 0.875% Dec-05 0.489% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0.365% Original Principal Balance 0.00 Feb-05 0.444% Current Principal Balance 0.00 Mar-05 0.450% Apr-05 0.455% Current Foreclosure Total May-05 0.390% Loans in Foreclosure 0 Jun-05 0.401% Original Principal Balance 0.00 Jul-05 0.426% Current Principal Balance 0.00 Aug-05 0.445% Sep-05 0.467% Oct-05 0.483% Nov-05 0.502% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 1.504% Original Principal Balance 105,300.00 Feb-05 1.541% Current Principal Balance 104,103.73 Mar-05 2.554% Apr-05 3.021% Current Foreclosure Total May-05 2.249% Loans in Foreclosure 4 Jun-05 1.867% Original Principal Balance 847,425.00 Jul-05 2.082% Current Principal Balance 832,893.06 Aug-05 1.383% Sep-05 1.572% Oct-05 1.615% Nov-05 2.445% Dec-05 1.127% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 0.225% Original Principal Balance 119,750.00 Feb-05 0.229% Current Principal Balance 117,800.11 Mar-05 0.082% Apr-05 0.046% Current Foreclosure Total May-05 0.047% Loans in Foreclosure 4 Jun-05 0.235% Original Principal Balance 565,825.00 Jul-05 0.310% Current Principal Balance 559,397.82 Aug-05 0.320% Sep-05 0.370% Oct-05 0.299% Nov-05 0.305% Dec-05 0.150% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group V 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0.852% Original Principal Balance 0.00 Feb-05 0.865% Current Principal Balance 0.00 Mar-05 0.810% Apr-05 0.824% Current Foreclosure Total May-05 0.711% Loans in Foreclosure 2 Jun-05 1.017% Original Principal Balance 309,800.00 Jul-05 1.609% Current Principal Balance 307,507.46 Aug-05 1.132% Sep-05 0.617% Oct-05 0.291% Nov-05 0.872% Dec-05 0.505% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group I 0000554982 Sep-2005 01-Jul-2004 IL 89.97 58,300.00 Group I 0000572248 Nov-2005 01-Jul-2004 OH 90.00 111,600.00 Group I 0000577059 Dec-2005 01-Jul-2004 OH 90.00 202,500.00 Group I 0000581407 Dec-2005 01-Aug-2004 KS 71.68 136,200.00 Group I 0000582452 Nov-2005 01-Aug-2004 NM 85.00 56,580.00 Group I 0000583397 May-2005 01-Aug-2004 IL 95.00 123,500.00 Group III 0000508834 Nov-2005 01-May-2004 IL 79.37 500,000.00 Group III 0000517008 Aug-2005 01-May-2004 KS 80.00 79,200.00 Group III 0000538596 Jul-2005 01-Jun-2004 OH 95.00 162,925.00 Group III 0000576907 Dec-2005 01-Jul-2004 PA 90.00 105,300.00 Group IV 0000407144 Sep-2005 01-Jun-2004 GA 95.00 118,655.00 Group IV 0000515941 Nov-2005 01-May-2004 WI 79.97 142,350.00 Group IV 0000523074 Dec-2005 01-Jun-2004 IL 83.73 119,750.00 Group IV 0000528503 Sep-2005 01-May-2004 IL 93.00 185,070.00 Group V 0000556558 Nov-2005 01-Jul-2004 TX 80.00 192,800.00 Group V 0000566501 Sep-2005 01-Aug-2004 IL 90.00 117,000.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group I 0000554982 57,614.18 01-May-2005 5 5.750% 1,800.38 Group I 0000572248 111,193.14 01-Oct-2004 12 6.500% 7,896.72 Group I 0000577059 202,500.00 01-Jun-2005 4 6.750% 6,454.68 Group I 0000581407 136,200.00 01-Feb-2005 8 7.500% 8,086.90 Group I 0000582452 56,210.41 01-Mar-2005 7 7.125% 2,835.90 Group I 0000583397 122,898.56 01-Jan-2005 9 7.125% 7,572.12 Group III 0000508834 489,002.43 01-Jul-2005 3 4.125% 7,871.85 Group III 0000517008 78,374.47 01-Feb-2005 8 5.875% 3,574.45 Group III 0000538596 161,412.43 01-Apr-2005 6 7.000% 7,106.79 Group III 0000576907 104,103.73 01-Aug-2005 2 7.250% 2,382.63 Group IV 0000407144 118,033.38 01-Nov-2004 11 6.750% 8,106.98 Group IV 0000515941 140,722.34 01-Feb-2005 8 5.375% 5,831.78 Group IV 0000523074 117,800.11 01-Aug-2005 2 5.750% 2,106.96 Group IV 0000528503 182,841.99 01-Mar-2005 7 5.625% 7,166.22 Group V 0000556558 191,378.91 01-Feb-2005 8 6.500% 9,924.38 Group V 0000566501 116,128.55 01-May-2005 5 7.625% 4,984.19
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 11 Jan-05 0.095% Original Principal Balance 2,172,220.00 Feb-05 0.086% Current Principal Balance 2,165,977.64 Mar-05 0.088% Apr-05 0.141% Current Bankruptcy Total May-05 0.094% Loans in Bankruptcy 31 Jun-05 0.119% Original Principal Balance 6,160,470.00 Jul-05 0.175% Current Principal Balance 6,076,957.42 Aug-05 0.130% Sep-05 0.135% Oct-05 0.143% Nov-05 0.523% Dec-05 0.785% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Jan-05 0.044% Original Principal Balance 288,800.00 Feb-05 0.046% Current Principal Balance 288,800.00 Mar-05 0.048% Apr-05 0.051% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 3 Jun-05 0.033% Original Principal Balance 588,800.00 Jul-05 0.196% Current Principal Balance 581,276.46 Aug-05 0.248% Sep-05 0.356% Oct-05 0.312% Nov-05 0.254% Dec-05 0.414% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 179,920.00 Feb-05 0.000% Current Principal Balance 179,319.04 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 539,920.00 Jul-05 0.118% Current Principal Balance 529,917.01 Aug-05 0.123% Sep-05 0.129% Oct-05 0.396% Nov-05 0.272% Dec-05 0.423% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 3 Jan-05 0.230% Original Principal Balance 526,900.00 Feb-05 0.140% Current Principal Balance 525,682.15 Mar-05 0.143% Apr-05 0.149% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 8 Jun-05 0.000% Original Principal Balance 1,944,700.00 Jul-05 0.152% Current Principal Balance 1,920,633.46 Aug-05 0.162% Sep-05 0.000% Oct-05 0.000% Nov-05 1.758% Dec-05 2.599% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 4 Jan-05 0.050% Original Principal Balance 1,103,000.00 Feb-05 0.047% Current Principal Balance 1,099,124.68 Mar-05 0.047% Apr-05 0.143% Current Bankruptcy Total May-05 0.146% Loans in Bankruptcy 12 Jun-05 0.143% Original Principal Balance 2,501,350.00 Jul-05 0.180% Current Principal Balance 2,472,913.14 Aug-05 0.052% Sep-05 0.035% Oct-05 0.000% Nov-05 0.357% Dec-05 0.661% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group V 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.542% Original Principal Balance 73,600.00 Feb-05 0.551% Current Principal Balance 73,051.77 Mar-05 0.565% Apr-05 0.703% Current Bankruptcy Total May-05 0.397% Loans in Bankruptcy 6 Jun-05 0.629% Original Principal Balance 585,700.00 Jul-05 0.230% Current Principal Balance 572,217.35 Aug-05 0.243% Sep-05 0.358% Oct-05 0.256% Nov-05 1.153% Dec-05 0.940% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Group I 0000528070 Nov-2005 01-May-2004 IL 79.79 300,000.00 Group I 0000575414 Dec-2005 01-Jul-2004 NV 80.00 211,200.00 Group I 0000581554 Dec-2005 01-Aug-2004 NV 80.00 77,600.00 Group II 0000514534 Dec-2005 01-May-2004 VA 80.00 179,920.00 Group II 0000528320 Oct-2005 01-Jun-2004 CT 75.79 360,000.00 Group III 0000518582 Nov-2005 01-May-2004 IL 95.00 257,200.00 Group III 0000518877 Nov-2005 01-May-2004 OH 94.98 248,600.00 Group III 0000524148 Nov-2005 01-Jul-2004 IL 89.00 356,000.00 Group III 0000530774 Nov-2005 01-Jun-2004 UT 65.66 264,000.00 Group III 0000535824 Dec-2005 01-Jul-2004 CO 80.00 160,000.00 Group III 0000546769 Dec-2005 01-Jun-2004 CT 59.20 222,000.00 Group III 0000566656 Dec-2005 01-Jul-2004 UT 90.00 144,900.00 Group III 0000575127 Nov-2005 01-Jul-2004 TX 80.00 292,000.00 Group IV 0000500011 Dec-2005 01-May-2004 OH 80.00 512,000.00 Group IV 0000511814 Nov-2005 01-Jun-2004 TX 95.00 95,000.00 Group IV 0000529803 Nov-2005 01-May-2004 AZ 96.98 89,900.00 Group IV 0000534091 Nov-2005 01-Jun-2004 IL 94.26 333,700.00 Group IV 0000534477 Nov-2005 01-Jun-2004 AZ 95.00 135,850.00 Group IV 0000541942 Nov-2005 01-Jun-2004 GA 95.00 113,050.00 Group IV 0000542396 Nov-2005 01-Jun-2004 NV 95.00 145,350.00 Group IV 0000558275 Nov-2005 01-Jul-2004 IN 89.51 166,500.00 Group IV 0000558418 Dec-2005 01-Jul-2004 TX 80.00 148,000.00 Group IV 0000560743 Nov-2005 01-Jul-2004 NJ 79.75 319,000.00 Group IV 0000565983 Dec-2005 01-Jul-2004 FL 89.84 301,000.00 Group IV 0000567935 Dec-2005 01-Jul-2004 IN 80.00 142,000.00 Group V 0000288753 Nov-2005 01-May-2003 IA 95.00 133,000.00 Group V 0000553364 Nov-2005 01-Jul-2004 IL 78.56 143,000.00 Group V 0000564458 Oct-2005 01-Jul-2004 OH 90.00 103,500.00 Group V 0000574475 Sep-2005 01-Aug-2004 GA 80.00 69,600.00 Group V 0000585683 Dec-2005 01-Aug-2004 MO 80.00 73,600.00 Group V 0000585699 Nov-2005 01-Aug-2004 PA 90.00 63,000.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest Group I 0000528070 292,476.46 01-Oct-2005 0 5.875% 2,680.28 Group I 0000575414 211,200.00 01-Feb-2005 8 5.750% 8,756.00 Group I 0000581554 77,600.00 01-Apr-2005 6 6.125% 2,804.90 Group II 0000514534 179,319.04 01-Dec-2005 (1) 3.875% 523.22 Group II 0000528320 350,597.97 01-Nov-2005 0 4.125% 2,266.02 Group III 0000518582 252,105.16 01-Nov-2005 0 6.000% 2,364.80 Group III 0000518877 246,537.26 01-Dec-2004 10 5.875% 13,478.53 Group III 0000524148 350,620.29 01-Sep-2005 1 6.125% 5,144.24 Group III 0000530774 257,815.84 01-Nov-2005 0 4.750% 1,881.20 Group III 0000535824 159,999.61 01-Nov-2005 0 6.000% 1,500.00 Group III 0000546769 220,791.32 01-Nov-2005 0 4.875% 1,655.92 Group III 0000566656 144,891.22 01-Nov-2005 0 5.250% 1,177.24 Group III 0000575127 287,872.76 01-Jun-2005 4 6.625% 8,973.96 Group IV 0000500011 512,000.00 01-Nov-2005 0 5.125% 4,160.00 Group IV 0000511814 93,459.39 01-Aug-2005 2 5.875% 1,710.55 Group IV 0000529803 87,799.09 01-Nov-2005 0 5.250% 713.89 Group IV 0000534091 327,920.70 01-Sep-2005 1 5.750% 4,401.37 Group IV 0000534477 130,988.09 01-Jan-2006 (2) 5.750% 0.00 Group IV 0000541942 111,294.36 01-Nov-2005 0 7.000% 1,229.44 Group IV 0000542396 142,233.89 01-Nov-2005 0 5.250% 1,156.39 Group IV 0000558275 163,827.31 01-Nov-2005 0 6.500% 1,673.24 Group IV 0000558418 148,000.00 01-Nov-2005 0 5.125% 1,171.66 Group IV 0000560743 316,265.63 01-Mar-2005 7 6.500% 14,472.02 Group IV 0000565983 300,288.47 01-Nov-2005 0 6.625% 3,128.12 Group IV 0000567935 138,836.21 01-Nov-2005 0 5.000% 1,070.96 Group V 0000288753 129,910.75 01-Oct-2005 0 8.875% 1,866.76 Group V 0000553364 140,891.89 01-Oct-2005 0 6.625% 1,496.25 Group V 0000564458 97,614.55 01-Oct-2005 0 7.500% 1,177.39 Group V 0000574475 68,574.62 01-Nov-2005 0 6.625% 728.96 Group V 0000585683 73,051.77 01-May-2005 5 7.625% 3,135.34 Group V 0000585699 62,173.77 01-Nov-2005 0 7.625% 765.00
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Group I 0 0.00 0.00 0.000% Group II 0 0.00 0.00 0.000% Group III 0 0.00 0.00 0.000% Group IV 0 0.00 0.00 0.000% Group V 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.
Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.001% 12 Month Average 0.051% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.009% N/A Mar-2005 0.613% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.001% Jun-2005 0.000% 0.051% Jul-2005 0.000% 0.001% Jul-2005 0.000% 0.051% Aug-2005 0.000% 0.001% Aug-2005 0.000% 0.051% Sep-2005 0.000% 0.001% Sep-2005 0.000% 0.051% Oct-2005 0.000% 0.001% Oct-2005 0.000% 0.051% Nov-2005 0.000% 0.001% Nov-2005 0.000% 0.051% Dec-2005 0.000% 0.001% Dec-2005 0.000% 0.051% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.009% 12 Month Average 4.302% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.112% N/A Mar-2005 51.624% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.009% Jun-2005 0.000% 4.302% Jul-2005 0.000% 0.009% Jul-2005 0.000% 4.302% Aug-2005 0.000% 0.009% Aug-2005 0.000% 4.302% Sep-2005 0.000% 0.009% Sep-2005 0.000% 4.302% Oct-2005 0.000% 0.009% Oct-2005 0.000% 4.302% Nov-2005 0.000% 0.009% Nov-2005 0.000% 4.302% Dec-2005 0.000% 0.009% Dec-2005 0.000% 4.302% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Group I MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.003% 12 Month Average 0.200% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.037% N/A Mar-2005 2.395% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.003% Jun-2005 0.000% 0.200% Jul-2005 0.000% 0.003% Jul-2005 0.000% 0.200% Aug-2005 0.000% 0.003% Aug-2005 0.000% 0.200% Sep-2005 0.000% 0.003% Sep-2005 0.000% 0.200% Oct-2005 0.000% 0.003% Oct-2005 0.000% 0.200% Nov-2005 0.000% 0.003% Nov-2005 0.000% 0.200% Dec-2005 0.000% 0.003% Dec-2005 0.000% 0.200% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.037% 12 Month Average 4.302% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.441% N/A Mar-2005 51.624% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.037% Jun-2005 0.000% 4.302% Jul-2005 0.000% 0.037% Jul-2005 0.000% 4.302% Aug-2005 0.000% 0.037% Aug-2005 0.000% 4.302% Sep-2005 0.000% 0.037% Sep-2005 0.000% 4.302% Oct-2005 0.000% 0.037% Oct-2005 0.000% 4.302% Nov-2005 0.000% 0.037% Nov-2005 0.000% 4.302% Dec-2005 0.000% 0.037% Dec-2005 0.000% 4.302% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Group II MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Group III MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Group IV MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Group V MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Sep-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Oct-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Nov-2005 0.000% 0.000% Dec-2005 0.000% 0.000% Dec-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group I 40 11,909,960.00 11,808,258.40 0 0.00 0.00 Group II 12 3,709,000.00 3,662,750.75 0 0.00 0.00 Group III 20 5,480,800.00 5,404,498.58 0 0.00 0.00 Group IV 40 10,818,355.00 10,703,292.30 0 0.00 0.00 Group V 10 1,633,150.00 1,570,945.34 0 0.00 0.00 Total 122 33,551,265.00 33,149,745.37 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group I 0 0.00 0.00 0 0.00 0.00 315,780.24 Group II 0 0.00 0.00 0 0.00 0.00 16,526.19 Group III 0 0.00 0.00 0 0.00 0.00 3,888.24 Group IV 0 0.00 0.00 0 0.00 0.00 101,868.04 Group V 0 0.00 0.00 0 0.00 0.00 10,983.16 Total 0 0.00 0.00 0 0.00 0.00 449,045.87
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group I 0000452395 OH 75.70 01-May-2004 155,200.00 151,872.22 Group I 0000509989 IL 75.00 01-Jul-2004 600,000.00 600,000.00 Group I 0000511569 IL 75.79 01-Jul-2004 720,000.00 710,869.75 Group I 0000512987 CA 80.00 01-May-2004 300,000.00 299,999.64 Group I 0000514045 IL 78.15 01-May-2004 333,700.00 332,023.24 Group I 0000514492 NJ 89.98 01-Jun-2004 435,500.00 435,255.62 Group I 0000514890 MD 95.00 01-Jul-2004 247,000.00 240,775.73 Group I 0000515152 FL 80.00 01-May-2004 75,200.00 73,745.69 Group I 0000516268 IL 68.66 01-May-2004 285,000.00 285,000.00 Group I 0000522133 IL 95.00 01-May-2004 156,750.00 153,352.10 Group I 0000522342 MD 68.62 01-Jun-2004 350,000.00 350,000.00 Group I 0000522460 AZ 80.00 01-May-2004 316,000.00 316,000.00 Group I 0000524017 CO 80.00 01-Jul-2004 96,000.00 95,330.22 Group I 0000534521 OH 69.12 01-Jun-2004 141,000.00 139,716.33 Group I 0000538035 DC 47.88 01-Jun-2004 273,000.00 270,584.30 Group I 0000540162 CA 62.86 01-Jul-2004 132,000.00 129,149.38 Group I 0000541508 NJ 80.00 01-Jul-2004 560,000.00 559,941.67 Group I 0000550044 CA 76.98 01-Jul-2004 331,000.00 331,000.00 Group I 0000550397 CO 77.58 01-Jun-2004 640,000.00 640,000.00 Group I 0000552020 MD 95.00 01-Jul-2004 351,500.00 345,988.61 Group I 0000552678 NY 80.00 01-Jun-2004 476,000.00 468,075.28 Group I 0000553767 IL 36.43 01-Aug-2004 410,000.00 389,469.29 Group I 0000557459 AZ 90.00 01-Jul-2004 145,800.00 143,048.44 Group I 0000557466 CA 80.00 01-Jul-2004 500,000.00 498,263.95 Group I 0000559133 FL 90.00 01-Jul-2004 96,300.00 94,599.83 Group I 0000561093 FL 80.00 01-Jul-2004 372,000.00 366,167.06 Group I 0000561104 MT 90.00 01-Jul-2004 251,910.00 251,909.70 Group I 0000564629 ID 78.33 01-Jul-2004 235,000.00 231,648.89 Group I 0000565288 IL 80.00 01-Aug-2004 156,000.00 153,359.57 Group I 0000576486 TN 75.08 01-Jul-2004 244,000.00 243,699.86 Group I 0000577633 CO 80.00 01-Aug-2004 117,600.00 110,575.43 Group I 0000578675 NV 80.00 01-Jul-2004 327,400.00 327,400.00 Group I 0000579321 CA 80.00 01-Aug-2004 402,400.00 402,400.00 Group I 0000579864 NY 80.00 01-Aug-2004 440,000.00 434,389.01 Group I 0000582412 IA 80.00 01-Aug-2004 96,800.00 94,408.44 Group I 0035080798 CA 61.54 01-Feb-2004 320,000.00 320,000.00 Group I 0035094050 OR 80.00 01-Feb-2004 280,000.00 280,000.00 Group I 0037532256 GA 89.86 01-Feb-2004 195,000.00 193,494.43 Group I 0042106304 OH 84.88 01-Feb-2004 191,000.00 190,939.21 Group I 0042332853 GA 90.00 01-Feb-2004 153,900.00 152,496.22 Group II 0000497620 VA 76.94 01-Apr-2004 504,000.00 504,000.00 Group II 0000510979 MD 80.00 01-Jul-2004 148,000.00 147,994.55 Group II 0000517720 IL 72.41 01-Jul-2004 420,000.00 407,783.71 Group II 0000523095 CA 80.00 01-Jul-2004 204,000.00 201,377.76 Group II 0000532734 MA 80.00 01-Aug-2004 556,800.00 544,732.70 Group II 0000535061 VA 75.00 01-Jun-2004 345,000.00 345,000.00 Group II 0000564376 AZ 78.97 01-Jun-2004 649,900.00 630,856.51 Group II 0000567877 WA 66.11 01-Jul-2004 178,500.00 178,496.22 Group II 0000573641 CA 80.00 01-Jul-2004 167,600.00 167,600.00 Group II 0000573644 GA 80.00 01-Jul-2004 140,000.00 140,000.00 Group II 0000574723 AZ 80.00 01-Jul-2004 189,600.00 189,584.20 Group II 0000580450 VA 80.00 01-Aug-2004 205,600.00 205,507.00 Group III 0000522390 NY 80.00 01-May-2004 440,000.00 431,090.35 Group III 0000534641 DC 76.70 01-Jun-2004 333,700.00 333,683.88 Group III 0000540988 IL 66.66 01-Jun-2004 80,000.00 78,084.44 Group III 0000542028 IL 94.87 01-Jun-2004 277,500.00 272,388.58 Group III 0000542169 TX 80.00 01-Jun-2004 136,000.00 133,337.32 Group III 0000548136 IL 85.00 01-Jul-2004 106,250.00 103,742.64 Group III 0000553813 NV 80.00 01-Jun-2004 318,400.00 311,670.29 Group III 0000555441 TN 95.00 01-Jun-2004 152,950.00 149,728.82 Group III 0000556292 IL 78.80 01-Jul-2004 186,000.00 182,158.04 Group III 0000557988 NY 80.00 01-Jul-2004 500,000.00 493,366.35 Group III 0000558020 OR 89.25 01-Jun-2004 299,000.00 298,617.16 Group III 0000560451 TX 46.65 01-Jul-2004 139,900.00 137,199.04 Group III 0000562641 WA 64.80 01-Jul-2004 333,700.00 326,168.20 Group III 0000567410 IL 42.00 01-Jul-2004 210,000.00 206,117.65 Group III 0000571512 CA 80.00 01-Jul-2004 336,800.00 336,783.68 Group III 0000574789 AZ 80.00 01-Jul-2004 276,000.00 271,464.58 Group III 0000574919 MD 80.00 01-Aug-2004 212,000.00 211,997.67 Group III 0000577019 MD 95.00 01-Aug-2004 293,550.00 290,395.57 Group III 0000581300 CA 65.00 01-Aug-2004 349,050.00 342,577.26 Group III 0000583818 NY 86.20 01-Aug-2004 500,000.00 493,925.51 Group IV 0000280677 MD 95.00 01-Jun-2004 378,100.00 369,243.06 Group IV 0000450276 CO 80.00 01-Jan-2004 88,000.00 85,562.19 Group IV 0000487769 NY 95.00 01-May-2004 185,250.00 181,748.96 Group IV 0000522227 IL 75.58 01-May-2004 480,000.00 480,000.00 Group IV 0000524601 IL 95.00 01-Jun-2004 261,250.00 255,897.32 Group IV 0000530379 CA 64.19 01-Jun-2004 690,000.00 689,730.82 Group IV 0000534700 AZ 80.00 01-Jul-2004 117,200.00 115,035.27 Group IV 0000536917 NV 80.00 01-Jun-2004 156,000.00 155,967.35 Group IV 0000539435 IL 79.98 01-Aug-2004 168,700.00 168,121.43 Group IV 0000542383 IL 63.88 01-Jun-2004 575,000.00 568,499.99 Group IV 0000546322 CA 80.00 01-Jun-2004 304,000.00 304,000.00 Group IV 0000546500 MA 90.00 01-Jun-2004 387,000.00 381,929.01 Group IV 0000548478 NJ 95.00 01-Aug-2004 332,500.00 326,741.45 Group IV 0000548714 NJ 46.63 01-Jul-2004 450,000.00 435,066.93 Group IV 0000552867 AZ 80.00 01-Jul-2004 148,000.00 145,939.52 Group IV 0000553533 OR 80.00 01-Jul-2004 116,000.00 116,000.00 Group IV 0000554866 AZ 80.00 01-Jul-2004 151,200.00 147,973.40 Group IV 0000555439 MD 95.00 01-Jul-2004 128,150.00 126,413.62 Group IV 0000556216 VA 37.04 01-Jul-2004 100,000.00 99,740.25 Group IV 0000556332 PA 95.00 01-Jul-2004 167,105.00 160,892.21 Group IV 0000556631 CA 80.00 01-Jul-2004 212,000.00 211,553.56 Group IV 0000561706 AZ 95.00 01-Jul-2004 247,000.00 243,306.01 Group IV 0000563140 FL 90.00 01-Jun-2004 222,300.00 218,599.04 Group IV 0000563216 NJ 78.56 01-Jul-2004 330,000.00 330,000.00 Group IV 0000565769 CA 80.00 01-Jul-2004 320,000.00 319,774.91 Group IV 0000566938 NV 45.45 01-Jul-2004 500,000.00 499,969.18 Group IV 0000567307 IL 63.00 01-Aug-2004 126,000.00 123,817.85 Group IV 0000568261 MO 90.00 01-Aug-2004 283,500.00 279,023.75 Group IV 0000569702 AZ 80.00 01-Jul-2004 217,200.00 213,862.18 Group IV 0000570429 WA 80.00 01-Jul-2004 198,400.00 198,400.00 Group IV 0000573404 VA 68.41 01-Aug-2004 130,000.00 127,994.84 Group IV 0000574694 CA 41.00 01-Aug-2004 287,000.00 281,797.36 Group IV 0000574926 VA 64.44 01-Aug-2004 232,000.00 232,000.00 Group IV 0000575862 CO 38.27 01-Aug-2004 155,000.00 154,999.87 Group IV 0000577289 VA 80.00 01-Aug-2004 324,000.00 323,302.23 Group IV 0000579599 AZ 66.12 01-Aug-2004 400,000.00 398,066.58 Group IV 0000582439 IL 80.00 01-Aug-2004 420,000.00 412,033.68 Group IV 0000583793 CA 46.27 01-Aug-2004 199,000.00 197,895.60 Group IV 0000585139 CA 80.00 01-Aug-2004 400,000.00 391,854.69 Group IV 0000590168 AZ 79.41 01-Aug-2004 231,500.00 231,029.11 Group V 0000063129 NY 70.00 01-Oct-2000 157,500.00 150,731.34 Group V 0000294980 DE 6.32 01-Jul-2003 266,000.00 235,664.81 Group V 0000559366 ID 90.00 01-Jul-2004 157,500.00 151,739.70 Group V 0000564423 FL 95.00 01-Jul-2004 137,750.00 135,831.68 Group V 0000564588 TN 80.00 01-Jul-2004 189,600.00 187,084.53 Group V 0000565340 IL 80.00 01-Jul-2004 248,000.00 244,378.11 Group V 0000570412 CA 80.00 01-Jul-2004 256,000.00 251,660.84 Group V 0000573407 AZ 64.65 01-Jul-2004 88,900.00 83,750.78 Group V 0000574811 OR 79.98 01-Jul-2004 71,900.00 70,850.44 Group V 0000580695 AZ 75.00 01-Aug-2004 60,000.00 59,253.11
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I 0000452395 Loan Paid in Full 0 6.125% 360 19 Group I 0000509989 Loan Paid in Full 0 6.625% 360 18 Group I 0000511569 Loan Paid in Full 0 5.125% 360 17 Group I 0000512987 Loan Paid in Full 0 6.250% 360 19 Group I 0000514045 Loan Paid in Full 0 6.750% 360 19 Group I 0000514492 Loan Paid in Full (1) 6.375% 360 18 Group I 0000514890 Loan Paid in Full 0 6.500% 360 18 Group I 0000515152 Loan Paid in Full 9 6.125% 360 19 Group I 0000516268 Loan Paid in Full 0 6.375% 360 19 Group I 0000522133 Loan Paid in Full 0 5.500% 360 19 Group I 0000522342 Loan Paid in Full 0 5.750% 360 18 Group I 0000522460 Loan Paid in Full (1) 5.875% 360 19 Group I 0000524017 Loan Paid in Full 0 5.750% 360 18 Group I 0000534521 Loan Paid in Full 0 6.000% 360 18 Group I 0000538035 Loan Paid in Full 0 6.375% 360 18 Group I 0000540162 Loan Paid in Full 0 4.875% 360 18 Group I 0000541508 Loan Paid in Full (1) 6.375% 360 18 Group I 0000550044 Loan Paid in Full 0 5.375% 360 18 Group I 0000550397 Loan Paid in Full 0 6.500% 360 18 Group I 0000552020 Loan Paid in Full 0 6.625% 360 18 Group I 0000552678 Loan Paid in Full 14 6.625% 360 18 Group I 0000553767 Loan Paid in Full 0 6.750% 360 18 Group I 0000557459 Loan Paid in Full 0 5.625% 360 18 Group I 0000557466 Loan Paid in Full 0 5.500% 360 18 Group I 0000559133 Loan Paid in Full 0 6.000% 360 18 Group I 0000561093 Loan Paid in Full 0 6.625% 360 18 Group I 0000561104 Loan Paid in Full 0 6.375% 360 18 Group I 0000564629 Loan Paid in Full 0 7.125% 360 18 Group I 0000565288 Loan Paid in Full (1) 5.875% 360 18 Group I 0000576486 Loan Paid in Full (1) 5.875% 360 18 Group I 0000577633 Loan Paid in Full 0 6.000% 360 18 Group I 0000578675 Loan Paid in Full 0 6.625% 360 18 Group I 0000579321 Loan Paid in Full 0 6.500% 360 18 Group I 0000579864 Loan Paid in Full 11 7.375% 360 18 Group I 0000582412 Loan Paid in Full 0 6.125% 360 18 Group I 0035080798 Loan Paid in Full 0 5.750% 360 22 Group I 0035094050 Loan Paid in Full 0 5.750% 360 22 Group I 0037532256 Loan Paid in Full 0 5.750% 360 22 Group I 0042106304 Loan Paid in Full 0 5.375% 360 22 Group I 0042332853 Loan Paid in Full 0 5.750% 360 22 Group II 0000497620 Loan Paid in Full 0 4.250% 360 20 Group II 0000510979 Loan Paid in Full (1) 4.375% 360 18 Group II 0000517720 Loan Paid in Full 0 3.875% 360 18 Group II 0000523095 Loan Paid in Full (2) 4.875% 360 18 Group II 0000532734 Loan Paid in Full 0 4.500% 360 18 Group II 0000535061 Loan Paid in Full 0 4.125% 360 18 Group II 0000564376 Loan Paid in Full 0 4.500% 360 18 Group II 0000567877 Loan Paid in Full (1) 4.625% 360 18 Group II 0000573641 Loan Paid in Full 0 4.750% 360 18 Group II 0000573644 Loan Paid in Full 0 5.000% 360 18 Group II 0000574723 Loan Paid in Full 0 4.750% 360 18 Group II 0000580450 Loan Paid in Full 0 5.000% 360 18 Group III 0000522390 Loan Paid in Full 0 5.875% 360 19 Group III 0000534641 Loan Paid in Full 0 5.750% 360 18 Group III 0000540988 Loan Paid in Full 0 4.625% 360 18 Group III 0000542028 Loan Paid in Full 0 6.125% 360 18 Group III 0000542169 Loan Paid in Full 0 5.750% 360 18 Group III 0000548136 Loan Paid in Full 0 4.625% 360 18 Group III 0000553813 Loan Paid in Full (1) 5.375% 360 18 Group III 0000555441 Loan Paid in Full 0 7.000% 360 18 Group III 0000556292 Loan Paid in Full 0 5.125% 360 18 Group III 0000557988 Loan Paid in Full 12 7.500% 360 18 Group III 0000558020 Loan Paid in Full 0 5.250% 360 18 Group III 0000560451 Loan Paid in Full 0 5.500% 360 18 Group III 0000562641 Loan Paid in Full 0 4.625% 360 18 Group III 0000567410 Loan Paid in Full 0 5.750% 360 18 Group III 0000571512 Loan Paid in Full 0 5.875% 360 18 Group III 0000574789 Loan Paid in Full 0 6.375% 360 18 Group III 0000574919 Loan Paid in Full 0 6.875% 360 18 Group III 0000577019 Loan Paid in Full 0 8.250% 360 18 Group III 0000581300 Loan Paid in Full (1) 5.375% 360 18 Group III 0000583818 Loan Paid in Full 10 7.625% 360 18 Group IV 0000280677 Loan Paid in Full (1) 4.750% 360 18 Group IV 0000450276 Loan Paid in Full 0 5.250% 360 23 Group IV 0000487769 Loan Paid in Full 0 6.250% 360 19 Group IV 0000522227 Loan Paid in Full 0 4.625% 360 19 Group IV 0000524601 Loan Paid in Full 0 5.500% 360 18 Group IV 0000530379 Loan Paid in Full 0 4.625% 360 18 Group IV 0000534700 Loan Paid in Full 0 5.750% 360 18 Group IV 0000536917 Loan Paid in Full 0 4.500% 360 18 Group IV 0000539435 Loan Paid in Full 0 5.375% 360 18 Group IV 0000542383 Loan Paid in Full 0 4.375% 360 18 Group IV 0000546322 Loan Paid in Full 0 4.500% 360 18 Group IV 0000546500 Loan Paid in Full 7 7.875% 360 18 Group IV 0000548478 Loan Paid in Full (1) 5.750% 360 18 Group IV 0000548714 Loan Paid in Full 0 4.250% 360 18 Group IV 0000552867 Loan Paid in Full 0 7.250% 360 18 Group IV 0000553533 Loan Paid in Full (1) 5.750% 360 18 Group IV 0000554866 Loan Paid in Full 0 5.375% 360 18 Group IV 0000555439 Loan Paid in Full 0 3.875% 360 18 Group IV 0000556216 Loan Paid in Full 0 6.000% 360 18 Group IV 0000556332 Loan Paid in Full 0 6.125% 360 18 Group IV 0000556631 Loan Paid in Full 0 4.875% 360 18 Group IV 0000561706 Loan Paid in Full 0 6.875% 360 18 Group IV 0000563140 Loan Paid in Full 0 6.625% 360 18 Group IV 0000563216 Loan Paid in Full 0 5.500% 360 18 Group IV 0000565769 Loan Paid in Full 0 5.250% 360 18 Group IV 0000566938 Loan Paid in Full 0 5.125% 360 18 Group IV 0000567307 Loan Paid in Full 0 5.750% 360 18 Group IV 0000568261 Loan Paid in Full 8 6.250% 360 18 Group IV 0000569702 Loan Paid in Full 0 6.750% 360 17 Group IV 0000570429 Loan Paid in Full 0 5.500% 360 18 Group IV 0000573404 Loan Paid in Full 0 6.375% 360 18 Group IV 0000574694 Loan Paid in Full 0 5.500% 360 18 Group IV 0000574926 Loan Paid in Full 0 5.625% 360 18 Group IV 0000575862 Loan Paid in Full 0 5.750% 360 18 Group IV 0000577289 Loan Paid in Full 0 5.250% 360 18 Group IV 0000579599 Loan Paid in Full 0 5.375% 360 18 Group IV 0000582439 Loan Paid in Full 0 5.250% 360 18 Group IV 0000583793 Loan Paid in Full (1) 5.250% 360 18 Group IV 0000585139 Loan Paid in Full (2) 5.125% 360 18 Group IV 0000590168 Loan Paid in Full 0 5.625% 360 18 Group V 0000063129 Loan Paid in Full 0 9.125% 360 62 Group V 0000294980 Loan Paid in Full (1) 5.125% 180 29 Group V 0000559366 Loan Paid in Full 0 6.250% 360 18 Group V 0000564423 Loan Paid in Full 0 7.250% 360 18 Group V 0000564588 Loan Paid in Full 0 7.500% 360 18 Group V 0000565340 Loan Paid in Full 0 7.000% 360 18 Group V 0000570412 Loan Paid in Full 0 6.250% 360 18 Group V 0000573407 Loan Paid in Full 0 6.625% 180 18 Group V 0000574811 Loan Paid in Full 0 7.125% 360 18 Group V 0000580695 Loan Paid in Full 0 7.500% 360 18
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 4.160% Current Month 39.946% Current Month 1,085.836% 3 Month Average 3.736% 3 Month Average 36.621% 3 Month Average 1,051.250% 12 Month Average 4.674% 12 Month Average 36.374% 12 Month Average 1,475.822% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 32.489% N/A Jan-2005 2,206.082% N/A Feb-2005 25.019% N/A Feb-2005 1,492.985% N/A Mar-2005 24.857% N/A Mar-2005 1,363.511% N/A Apr-2005 33.167% N/A Apr-2005 1,591.013% N/A May-2005 36.908% N/A May-2005 1,615.735% N/A Jun-2005 39.153% 25.731% Jun-2005 1,576.507% 2,167.055% Jul-2005 48.133% 29.423% Jul-2005 1,794.312% 2,182.386% Aug-2005 42.214% 31.844% Aug-2005 1,465.043% 2,040.991% Sep-2005 44.690% 33.894% Sep-2005 1,450.920% 1,884.487% Oct-2005 33.360% 34.668% Oct-2005 1,017.353% 1,718.693% Nov-2005 36.558% 35.342% Nov-2005 1,050.561% 1,571.678% Dec-2005 39.946% 36.374% Dec-2005 1,085.836% 1,475.822% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group I SMM CPR PSA Current Month 7.947% Current Month 62.979% Current Month 1,664.664% 3 Month Average 6.776% 3 Month Average 56.654% 3 Month Average 1,583.558% 12 Month Average 8.541% 12 Month Average 56.585% 12 Month Average 2,258.441% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 55.368% N/A Jan-2005 3,612.376% N/A Feb-2005 45.084% N/A Feb-2005 2,587.352% N/A Mar-2005 41.846% N/A Mar-2005 2,273.243% N/A Apr-2005 53.690% N/A Apr-2005 2,483.496% N/A May-2005 55.891% N/A May-2005 2,359.160% N/A Jun-2005 65.161% 43.596% Jun-2005 2,534.560% 3,770.807% Jul-2005 71.498% 48.904% Jul-2005 2,580.094% 3,728.143% Aug-2005 55.861% 51.525% Aug-2005 1,879.554% 3,392.598% Sep-2005 64.662% 53.547% Sep-2005 2,040.782% 2,995.458% Oct-2005 56.032% 54.554% Oct-2005 1,661.297% 2,671.871% Nov-2005 50.951% 54.895% Nov-2005 1,424.714% 2,404.981% Dec-2005 62.979% 56.585% Dec-2005 1,664.664% 2,258.441% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group II SMM CPR PSA Current Month 2.855% Current Month 29.358% Current Month 797.603% 3 Month Average 3.352% 3 Month Average 33.491% 3 Month Average 966.429% 12 Month Average 3.777% 12 Month Average 29.370% 12 Month Average 1,139.800% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 23.828% N/A Jan-2005 1,616.263% N/A Feb-2005 10.368% N/A Feb-2005 619.512% N/A Mar-2005 15.825% N/A Mar-2005 852.750% N/A Apr-2005 14.191% N/A Apr-2005 682.629% N/A May-2005 33.336% N/A May-2005 1,464.587% N/A Jun-2005 29.027% 15.382% Jun-2005 1,172.508% 1,197.788% Jul-2005 42.378% 18.579% Jul-2005 1,582.628% 1,199.293% Aug-2005 40.288% 21.381% Aug-2005 1,399.578% 1,191.272% Sep-2005 42.721% 24.609% Sep-2005 1,387.851% 1,254.485% Oct-2005 33.178% 26.188% Oct-2005 1,011.535% 1,196.445% Nov-2005 37.938% 28.163% Nov-2005 1,090.149% 1,172.873% Dec-2005 29.358% 29.370% Dec-2005 797.603% 1,139.800% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III SMM CPR PSA Current Month 6.825% Current Month 57.187% Current Month 1,578.738% 3 Month Average 4.546% 3 Month Average 41.521% 3 Month Average 1,198.724% 12 Month Average 5.236% 12 Month Average 38.771% 12 Month Average 1,606.014% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 36.057% N/A Jan-2005 2,548.534% N/A Feb-2005 25.107% N/A Feb-2005 1,550.435% N/A Mar-2005 27.318% N/A Mar-2005 1,549.886% N/A Apr-2005 35.712% N/A Apr-2005 1,760.618% N/A May-2005 40.456% N/A May-2005 1,815.091% N/A Jun-2005 34.464% 28.496% Jun-2005 1,419.169% 2,696.829% Jul-2005 47.261% 32.141% Jul-2005 1,798.712% 2,683.993% Aug-2005 50.957% 35.129% Aug-2005 1,801.791% 2,477.811% Sep-2005 43.361% 36.588% Sep-2005 1,431.758% 2,195.536% Oct-2005 26.699% 36.258% Oct-2005 828.656% 1,916.150% Nov-2005 40.679% 36.755% Nov-2005 1,188.777% 1,709.346% Dec-2005 57.187% 38.771% Dec-2005 1,578.738% 1,606.014% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV SMM CPR PSA Current Month 2.810% Current Month 28.971% Current Month 796.981% 3 Month Average 2.593% 3 Month Average 27.010% 3 Month Average 785.224% 12 Month Average 3.125% 12 Month Average 25.740% 12 Month Average 1,040.740% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 16.794% N/A Jan-2005 1,174.863% N/A Feb-2005 16.437% N/A Feb-2005 1,007.790% N/A Mar-2005 15.094% N/A Mar-2005 842.525% N/A Apr-2005 26.640% N/A Apr-2005 1,307.290% N/A May-2005 25.904% N/A May-2005 1,157.855% N/A Jun-2005 26.359% 15.730% Jun-2005 1,081.613% 1,218.383% Jul-2005 34.628% 18.503% Jul-2005 1,313.314% 1,274.892% Aug-2005 31.940% 20.642% Aug-2005 1,126.204% 1,239.299% Sep-2005 34.052% 22.798% Sep-2005 1,121.752% 1,218.242% Oct-2005 23.849% 24.034% Oct-2005 737.374% 1,184.671% Nov-2005 28.209% 24.911% Nov-2005 821.318% 1,105.197% Dec-2005 28.971% 25.740% Dec-2005 796.981% 1,040.740% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group V SMM CPR PSA Current Month 2.535% Current Month 26.514% Current Month 703.062% 3 Month Average 2.843% 3 Month Average 29.098% 3 Month Average 811.716% 12 Month Average 3.706% 12 Month Average 29.927% 12 Month Average 1,136.979% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 22.486% N/A Jan-2005 1,420.063% N/A Feb-2005 16.710% N/A Feb-2005 936.505% N/A Mar-2005 26.507% N/A Mar-2005 1,351.461% N/A Apr-2005 18.047% N/A Apr-2005 822.832% N/A May-2005 25.851% N/A May-2005 1,084.680% N/A Jun-2005 29.092% 17.819% Jun-2005 1,124.823% 1,202.678% Jul-2005 42.428% 21.352% Jul-2005 1,521.292% 1,328.702% Aug-2005 47.391% 24.584% Aug-2005 1,589.338% 1,327.690% Sep-2005 43.314% 27.829% Sep-2005 1,357.603% 1,390.452% Oct-2005 24.784% 28.416% Oct-2005 731.222% 1,291.374% Nov-2005 35.996% 29.814% Nov-2005 1,000.863% 1,233.172% Dec-2005 26.514% 29.927% Dec-2005 703.062% 1,136.979% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))