8-K 1 abf05wm1_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 ASSET BACKED FUNDING CORPORATION Asset Backed Certificates, Series 2005-WM1 (Exact name of registrant as specified in its charter) New York (governing law of 333-127970-01 Pooling and Servicing Agreement) (Commission 54-2184218 (State or other File Number) 54-2184219 jurisdiction 54-2184220 of Incorporation) 54-2184221 54-2184346 54-2184347 54-2184348 54-6675915 IRS EIN 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 ASSET BACKED FUNDING CORPORATION, Asset Backed Certificates, Series 2005-WM1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2005-WM1 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. ASSET BACKED FUNDING CORPORATION Asset Backed Certificates, Series 2005-WM1 Trust (Registrant) By: Wells Fargo Bank, N.A. as 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 Asset Backed Certificates, Series 2005-WM1 Trust, relating to the December 27, 2005 distribution. EX-99.1 Asset Backed Funding Corporation Asset Backed Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Asset Backed Funding Corporation Asset Backed Certificates Series 2005-WMC1 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 R ABF05WM1R 0.00000% 0.00 0.00 A-1 04542BNX6 4.45375% 223,586,168.00 885,152.80 A-2A 04542BNY4 4.30375% 185,621,855.36 710,106.72 A-2B 04542BNZ1 4.37375% 86,365,000.00 335,767.93 A-2C 04542BPA4 4.47375% 141,576,000.00 563,000.56 A-2D 04542BPB2 4.55375% 45,876,000.00 185,695.85 A-2MZ 04542BPC0 4.51375% 51,048,612.46 204,818.38 M-1 04542BPD8 4.63375% 37,257,000.00 153,457.44 M-2 04542BPE6 4.64375% 33,734,000.00 139,246.46 M-3 04542BPF3 4.68375% 23,160,000.00 96,422.80 M-4 04542BPG1 4.78375% 16,111,000.00 68,507.55 M-5 04542BPH9 4.82375% 16,615,000.00 71,241.43 M-6 04542BPJ5 4.87375% 14,098,000.00 61,075.67 M-7 04542BPK2 5.31375% 15,104,000.00 71,341.23 M-8 04542BPL0 5.49375% 11,580,000.00 56,549.00 M-9 04542BPM8 5.94375% 10,070,000.00 53,203.17 M-10 04542BPN6 6.19375% 15,104,000.00 83,155.91 M-11 04542BPP1 7.19375% 6,042,000.00 38,635.23 M-12 04542BPQ9 6.69375% 9,063,000.00 53,924.85 B-1 04542BPR7 6.69375% 10,573,000.00 62,909.35 B-2 04542BPS5 6.69375% 3,021,000.00 17,974.95 CE ABF5WM1CE 0.00000% 5,034,827.14 1,369,350.39 R-X ABF5WM1RX 0.00000% 0.00 0.00 P ABF05WM1P 0.00000% 100.00 369,931.97 Totals 960,640,562.96 5,651,469.64
Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cummulative Distribution Realized Certificate Distribution Realized Loss Balance Losses R 0.00 0.00 0.00 0.00 0.00 A-1 8,672,335.52 0.00 214,913,832.48 9,557,488.32 0.00 A-2A 15,721,997.81 0.00 169,899,857.55 16,432,104.53 0.00 A-2B 0.00 0.00 86,365,000.00 335,767.93 0.00 A-2C 0.00 0.00 141,576,000.00 563,000.56 0.00 A-2D 0.00 0.00 45,876,000.00 185,695.85 0.00 A-2MZ 1,746,883.54 0.00 49,301,728.92 1,951,701.92 0.00 M-1 0.00 0.00 37,257,000.00 153,457.44 0.00 M-2 0.00 0.00 33,734,000.00 139,246.46 0.00 M-3 0.00 0.00 23,160,000.00 96,422.80 0.00 M-4 0.00 0.00 16,111,000.00 68,507.55 0.00 M-5 0.00 0.00 16,615,000.00 71,241.43 0.00 M-6 0.00 0.00 14,098,000.00 61,075.67 0.00 M-7 0.00 0.00 15,104,000.00 71,341.23 0.00 M-8 0.00 0.00 11,580,000.00 56,549.00 0.00 M-9 0.00 0.00 10,070,000.00 53,203.17 0.00 M-10 0.00 0.00 15,104,000.00 83,155.91 0.00 M-11 0.00 0.00 6,042,000.00 38,635.23 0.00 M-12 0.00 0.00 9,063,000.00 53,924.85 0.00 B-1 0.00 0.00 10,573,000.00 62,909.35 0.00 B-2 0.00 0.00 3,021,000.00 17,974.95 0.00 CE 0.00 0.00 5,034,827.14 1,369,350.39 0.00 R-X 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 100.00 369,931.97 0.00 Totals 26,141,216.87 0.00 934,499,346.09 31,792,686.51 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 R 0.00 0.00 0.00 0.00 0.00 0.00 A-1 235,900,000.00 223,586,168.00 0.00 8,672,335.52 0.00 0.00 A-2A 216,231,000.00 185,621,855.36 0.00 15,721,997.81 0.00 0.00 A-2B 86,365,000.00 86,365,000.00 0.00 0.00 0.00 0.00 A-2C 141,576,000.00 141,576,000.00 0.00 0.00 0.00 0.00 A-2D 45,876,000.00 45,876,000.00 0.00 0.00 0.00 0.00 A-2MZ 54,450,000.00 51,048,612.46 0.00 1,746,883.54 0.00 0.00 M-1 37,257,000.00 37,257,000.00 0.00 0.00 0.00 0.00 M-2 33,734,000.00 33,734,000.00 0.00 0.00 0.00 0.00 M-3 23,160,000.00 23,160,000.00 0.00 0.00 0.00 0.00 M-4 16,111,000.00 16,111,000.00 0.00 0.00 0.00 0.00 M-5 16,615,000.00 16,615,000.00 0.00 0.00 0.00 0.00 M-6 14,098,000.00 14,098,000.00 0.00 0.00 0.00 0.00 M-7 15,104,000.00 15,104,000.00 0.00 0.00 0.00 0.00 M-8 11,580,000.00 11,580,000.00 0.00 0.00 0.00 0.00 M-9 10,070,000.00 10,070,000.00 0.00 0.00 0.00 0.00 M-10 15,104,000.00 15,104,000.00 0.00 0.00 0.00 0.00 M-11 6,042,000.00 6,042,000.00 0.00 0.00 0.00 0.00 M-12 9,063,000.00 9,063,000.00 0.00 0.00 0.00 0.00 B-1 10,573,000.00 10,573,000.00 0.00 0.00 0.00 0.00 B-2 3,021,000.00 3,021,000.00 0.00 0.00 0.00 0.00 CE 5,035,323.42 5,034,827.14 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 1,006,965,423.42 960,640,562.96 0.00 26,141,216.87 0.00 0.00
Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution R 0.00 0.00 0.000000 0.00 A-1 8,672,335.52 214,913,832.48 0.911038 8,672,335.52 A-2A 15,721,997.81 169,899,857.55 0.785733 15,721,997.81 A-2B 0.00 86,365,000.00 1.000000 0.00 A-2C 0.00 141,576,000.00 1.000000 0.00 A-2D 0.00 45,876,000.00 1.000000 0.00 A-2MZ 1,746,883.54 49,301,728.92 0.905450 1,746,883.54 M-1 0.00 37,257,000.00 1.000000 0.00 M-2 0.00 33,734,000.00 1.000000 0.00 M-3 0.00 23,160,000.00 1.000000 0.00 M-4 0.00 16,111,000.00 1.000000 0.00 M-5 0.00 16,615,000.00 1.000000 0.00 M-6 0.00 14,098,000.00 1.000000 0.00 M-7 0.00 15,104,000.00 1.000000 0.00 M-8 0.00 11,580,000.00 1.000000 0.00 M-9 0.00 10,070,000.00 1.000000 0.00 M-10 0.00 15,104,000.00 1.000000 0.00 M-11 0.00 6,042,000.00 1.000000 0.00 M-12 0.00 9,063,000.00 1.000000 0.00 B-1 0.00 10,573,000.00 1.000000 0.00 B-2 0.00 3,021,000.00 1.000000 0.00 CE 0.00 5,034,827.14 0.999901 0.00 R-X 0.00 0.00 0.000000 0.00 P 0.00 100.00 1.000000 0.00 Totals 26,141,216.87 934,499,346.09 0.928035 26,141,216.87
Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution R 0.00 0.000000 0.000000 0.000000 0.000000 A-1 235,900,000.00 947.800627 0.000000 36.762762 0.000000 A-2A 216,231,000.00 858.442385 0.000000 72.709268 0.000000 A-2B 86,365,000.00 1000.000000 0.000000 0.000000 0.000000 A-2C 141,576,000.00 1000.000000 0.000000 0.000000 0.000000 A-2D 45,876,000.00 1000.000000 0.000000 0.000000 0.000000 A-2MZ 54,450,000.00 937.531909 0.000000 32.082342 0.000000 M-1 37,257,000.00 1000.000000 0.000000 0.000000 0.000000 M-2 33,734,000.00 1000.000000 0.000000 0.000000 0.000000 M-3 23,160,000.00 1000.000000 0.000000 0.000000 0.000000 M-4 16,111,000.00 1000.000000 0.000000 0.000000 0.000000 M-5 16,615,000.00 1000.000000 0.000000 0.000000 0.000000 M-6 14,098,000.00 1000.000000 0.000000 0.000000 0.000000 M-7 15,104,000.00 1000.000000 0.000000 0.000000 0.000000 M-8 11,580,000.00 1000.000000 0.000000 0.000000 0.000000 M-9 10,070,000.00 1000.000000 0.000000 0.000000 0.000000 M-10 15,104,000.00 1000.000000 0.000000 0.000000 0.000000 M-11 6,042,000.00 1000.000000 0.000000 0.000000 0.000000 M-12 9,063,000.00 1000.000000 0.000000 0.000000 0.000000 B-1 10,573,000.00 1000.000000 0.000000 0.000000 0.000000 B-2 3,021,000.00 1000.000000 0.000000 0.000000 0.000000 CE 5,035,323.42 999.901440 0.000000 0.000000 0.000000 R-X 0.00 0.000000 0.000000 0.000000 0.000000 P 100.00 1000.000000 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 R 0.000000 0.000000 0.000000 0.000000 0.000000 A-1 0.000000 36.762762 911.037866 0.911038 36.762762 A-2A 0.000000 72.709268 785.733117 0.785733 72.709268 A-2B 0.000000 0.000000 1,000.000000 1.000000 0.000000 A-2C 0.000000 0.000000 1,000.000000 1.000000 0.000000 A-2D 0.000000 0.000000 1,000.000000 1.000000 0.000000 A-2MZ 0.000000 32.082342 905.449567 0.905450 32.082342 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 M-4 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-5 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-6 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-7 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-8 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-9 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-10 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-11 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-12 0.000000 0.000000 1,000.000000 1.000000 0.000000 B-1 0.000000 0.000000 1,000.000000 1.000000 0.000000 B-2 0.000000 0.000000 1,000.000000 1.000000 0.000000 CE 0.000000 0.000000 999.901440 0.999901 0.000000 R-X 0.000000 0.000000 0.000000 0.000000 0.000000 P 0.000000 0.000000 1,000.000000 1.000000 0.000000 All Classes are per $1000 denomination.
Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Balance Interest Shortfall R N/A N/A 0.00000% 0.00 0.00 0.00 A-1 11/25/05 - 12/26/05 32 4.45375% 223,586,168.00 885,152.80 0.00 A-2A 11/25/05 - 12/26/05 32 4.30375% 185,621,855.36 710,106.72 0.00 A-2B 11/25/05 - 12/26/05 32 4.37375% 86,365,000.00 335,767.93 0.00 A-2C 11/25/05 - 12/26/05 32 4.47375% 141,576,000.00 563,000.56 0.00 A-2D 11/25/05 - 12/26/05 32 4.55375% 45,876,000.00 185,695.85 0.00 A-2MZ 11/25/05 - 12/26/05 32 4.51375% 51,048,612.46 204,818.38 0.00 M-1 11/25/05 - 12/26/05 32 4.63375% 37,257,000.00 153,457.44 0.00 M-2 11/25/05 - 12/26/05 32 4.64375% 33,734,000.00 139,246.46 0.00 M-3 11/25/05 - 12/26/05 32 4.68375% 23,160,000.00 96,422.80 0.00 M-4 11/25/05 - 12/26/05 32 4.78375% 16,111,000.00 68,507.55 0.00 M-5 11/25/05 - 12/26/05 32 4.82375% 16,615,000.00 71,241.43 0.00 M-6 11/25/05 - 12/26/05 32 4.87375% 14,098,000.00 61,075.67 0.00 M-7 11/25/05 - 12/26/05 32 5.31375% 15,104,000.00 71,341.23 0.00 M-8 11/25/05 - 12/26/05 32 5.49375% 11,580,000.00 56,549.00 0.00 M-9 11/25/05 - 12/26/05 32 5.94375% 10,070,000.00 53,203.17 0.00 M-10 11/25/05 - 12/26/05 32 6.19375% 15,104,000.00 83,155.91 0.00 M-11 11/25/05 - 12/26/05 32 7.19375% 6,042,000.00 38,635.23 0.00 M-12 11/25/05 - 12/26/05 32 6.69375% 9,063,000.00 53,924.85 0.00 B-1 11/25/05 - 12/26/05 32 6.69375% 10,573,000.00 62,909.35 0.00 B-2 11/25/05 - 12/26/05 32 6.69375% 3,021,000.00 17,974.95 0.00 CE N/A N/A 0.00000% 5,034,827.14 0.00 0.00 R-X N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 3,912,187.28 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 R 0.00 0.00 0.00 0.00 0.00 A-1 0.00 0.00 885,152.80 0.00 214,913,832.48 A-2A 0.00 0.00 710,106.72 0.00 169,899,857.55 A-2B 0.00 0.00 335,767.93 0.00 86,365,000.00 A-2C 0.00 0.00 563,000.56 0.00 141,576,000.00 A-2D 0.00 0.00 185,695.85 0.00 45,876,000.00 A-2MZ 0.00 0.00 204,818.38 0.00 49,301,728.92 M-1 0.00 0.00 153,457.44 0.00 37,257,000.00 M-2 0.00 0.00 139,246.46 0.00 33,734,000.00 M-3 0.00 0.00 96,422.80 0.00 23,160,000.00 M-4 0.00 0.00 68,507.55 0.00 16,111,000.00 M-5 0.00 0.00 71,241.43 0.00 16,615,000.00 M-6 0.00 0.00 61,075.67 0.00 14,098,000.00 M-7 0.00 0.00 71,341.23 0.00 15,104,000.00 M-8 0.00 0.00 56,549.00 0.00 11,580,000.00 M-9 0.00 0.00 53,203.17 0.00 10,070,000.00 M-10 0.00 0.00 83,155.91 0.00 15,104,000.00 M-11 0.00 0.00 38,635.23 0.00 6,042,000.00 M-12 0.00 0.00 53,924.85 0.00 9,063,000.00 B-1 0.00 0.00 62,909.35 0.00 10,573,000.00 B-2 0.00 0.00 17,974.95 0.00 3,021,000.00 CE 0.00 0.00 1,369,350.39 0.00 5,034,827.14 R-X 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 369,931.97 0.00 100.00 Totals 0.00 0.00 5,651,469.64 0.00 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable
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 R N/A 0.00 0.00000% 0.000000 0.000000 0.000000 A-1 11/25/05 - 12/26/05 235,900,000.00 4.45375% 947.800627 3.752237 0.000000 A-2A 11/25/05 - 12/26/05 216,231,000.00 4.30375% 858.442385 3.284019 0.000000 A-2B 11/25/05 - 12/26/05 86,365,000.00 4.37375% 1000.000000 3.887778 0.000000 A-2C 11/25/05 - 12/26/05 141,576,000.00 4.47375% 1000.000000 3.976667 0.000000 A-2D 11/25/05 - 12/26/05 45,876,000.00 4.55375% 1000.000000 4.047778 0.000000 A-2MZ 11/25/05 - 12/26/05 54,450,000.00 4.51375% 937.531909 3.761586 0.000000 M-1 11/25/05 - 12/26/05 37,257,000.00 4.63375% 1000.000000 4.118889 0.000000 M-2 11/25/05 - 12/26/05 33,734,000.00 4.64375% 1000.000000 4.127778 0.000000 M-3 11/25/05 - 12/26/05 23,160,000.00 4.68375% 1000.000000 4.163333 0.000000 M-4 11/25/05 - 12/26/05 16,111,000.00 4.78375% 1000.000000 4.252222 0.000000 M-5 11/25/05 - 12/26/05 16,615,000.00 4.82375% 1000.000000 4.287778 0.000000 M-6 11/25/05 - 12/26/05 14,098,000.00 4.87375% 1000.000000 4.332222 0.000000 M-7 11/25/05 - 12/26/05 15,104,000.00 5.31375% 1000.000000 4.723334 0.000000 M-8 11/25/05 - 12/26/05 11,580,000.00 5.49375% 1000.000000 4.883333 0.000000 M-9 11/25/05 - 12/26/05 10,070,000.00 5.94375% 1000.000000 5.283334 0.000000 M-10 11/25/05 - 12/26/05 15,104,000.00 6.19375% 1000.000000 5.505555 0.000000 M-11 11/25/05 - 12/26/05 6,042,000.00 7.19375% 1000.000000 6.394444 0.000000 M-12 11/25/05 - 12/26/05 9,063,000.00 6.69375% 1000.000000 5.950000 0.000000 B-1 11/25/05 - 12/26/05 10,573,000.00 6.69375% 1000.000000 5.950000 0.000000 B-2 11/25/05 - 12/26/05 3,021,000.00 6.69375% 1000.000000 5.950000 0.000000 CE N/A 5,035,323.42 0.00000% 999.901440 0.000000 0.000000 R-X N/A 0.00 0.00000% 0.000000 0.000000 0.000000 P N/A 100.00 0.00000% 1000.000000 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 R 0.000000 0.000000 0.000000 0.000000 0.000000 A-1 0.000000 0.000000 3.752237 0.000000 911.037866 A-2A 0.000000 0.000000 3.284019 0.000000 785.733117 A-2B 0.000000 0.000000 3.887778 0.000000 1000.000000 A-2C 0.000000 0.000000 3.976667 0.000000 1000.000000 A-2D 0.000000 0.000000 4.047778 0.000000 1000.000000 A-2MZ 0.000000 0.000000 3.761586 0.000000 905.449567 M-1 0.000000 0.000000 4.118889 0.000000 1000.000000 M-2 0.000000 0.000000 4.127778 0.000000 1000.000000 M-3 0.000000 0.000000 4.163333 0.000000 1000.000000 M-4 0.000000 0.000000 4.252222 0.000000 1000.000000 M-5 0.000000 0.000000 4.287778 0.000000 1000.000000 M-6 0.000000 0.000000 4.332222 0.000000 1000.000000 M-7 0.000000 0.000000 4.723334 0.000000 1000.000000 M-8 0.000000 0.000000 4.883333 0.000000 1000.000000 M-9 0.000000 0.000000 5.283334 0.000000 1000.000000 M-10 0.000000 0.000000 5.505555 0.000000 1000.000000 M-11 0.000000 0.000000 6.394444 0.000000 1000.000000 M-12 0.000000 0.000000 5.950000 0.000000 1000.000000 B-1 0.000000 0.000000 5.950000 0.000000 1000.000000 B-2 0.000000 0.000000 5.950000 0.000000 1000.000000 CE 0.000000 0.000000 271.948845 0.000000 999.901440 R-X 0.000000 0.000000 0.000000 0.000000 0.000000 P 0.000000 0.000000 3699319.700000 0.000000 1000.000000 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable. All Classes are per $1000 denomination.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 31,829,133.28 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 369,931.97 Swap/Cap Payments 0.00 Total Deposits 32,199,065.25 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 0.00 Total Administration Fees 406,378.74 Payment of Interest and Principal 31,792,686.51 Total Withdrawals (Pool Distribution Amount) 32,199,065.25 Ending Balance 0.00
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* 394,542.47 Credit Risk Manager Fee 11,836.27 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 406,378.74 *Servicer Payees include: HOMEQ SERVICING CORPORATION
Reserve Accounts Account Name Beginning Current Withdrawals Current Deposits Ending Balance Balance Cap Carryover Reserve 0.00 15,529.47 15,529.47 0.00 Fund
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 7.068252% Weighted Average Net Coupon 6.568252% Weighted Average Pass-Through Rate 6.568252% Weighted Average Remaining Term 336 Beginning Scheduled Collateral Loan Count 5,024 Number Of Loans Paid In Full 119 Ending Scheduled Collateral Loan Count 4,905 Beginning Scheduled Collateral Balance 946,901,967.20 Ending Scheduled Collateral Balance 920,760,750.33 Ending Actual Collateral Balance at 30-Nov-2005 921,258,577.15 Monthly P&I Constant 6,083,250.84 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 369,931.97 Prepayment Penalty Paid Count Not Available Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 505,799.41 Unscheduled Principal 25,635,417.46 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,034,827.12 Overcollateralized Amount 5,034,827.12 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,675,069.39
Cap Payment $112,159.51
Group Level Collateral Statement Group 1 1 2 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.236330 6.812817 8.644670 Weighted Average Net Rate 7.736330 6.312817 8.144670 Weighted Average Remaining Term 275 355 245 Beginning Loan Count 812 1,219 1,189 Loans Paid In Full 9 37 29 Ending Loan Count 803 1,182 1,160 Beginning Scheduled Balance 55,084,663.13 229,539,364.10 125,161,182.76 Ending Scheduled Balance 54,395,840.15 221,555,851.56 122,276,520.07 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 420,207.50 1,427,921.94 990,212.22 Scheduled Principal 42,127.93 124,747.16 88,564.64 Unscheduled Principal 646,695.05 7,858,765.38 2,796,098.05 Scheduled Interest 378,079.57 1,303,174.78 901,647.58 Servicing Fee 22,951.94 95,641.40 52,150.49 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 355,127.63 1,207,533.38 849,497.09 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 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 Not Available Not Available Not Available Prepayment Penalty Paid Count Not Available Not Available Not Available Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.736330 6.312817 8.144670
Group Level Collateral Statement Group 2 Total Collateral Description Mixed ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.690276 7.068252 Weighted Average Net Rate 6.190276 6.568252 Weighted Average Remaining Term 355 336 Beginning Loan Count 1,804 5,024 Loans Paid In Full 44 119 Ending Loan Count 1,760 4,905 Beginning Scheduled Balance 537,116,757.21 946,901,967.20 Ending scheduled Balance 522,532,538.55 920,760,750.33 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 3,244,909.18 6,083,250.84 Scheduled Principal 250,359.68 505,799.41 Unscheduled Principal 14,333,858.98 25,635,417.46 Scheduled Interest 2,994,549.50 5,577,451.43 Servicing Fee 223,798.64 394,542.47 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 2,770,750.86 5,182,908.96 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount Not Available 369931.97 Prepayment Penalty Paid Count Not Available Not Available Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.190276 6.568252
Additional Reporting - Deal Level Miscellaneous Reporting Group 1 Available Funds 10,603,232.50 Group 2 Available Funds 21,089,129.30 A1 Cap 0.00 A2 Cap 0.00 B1 Cap 0.00 B2 Cap 0.00 M1 Cap 0.00 M10 Cap 0.00 M11 Cap 0.00 M12 Cap 0.00 M2 Cap 0.00 M3 Cap 0.00 M4 Cap 0.00 M5 Cap 0.00 M6 Cap 0.00 M7 Cap 0.00 M8 Cap 0.00 M9 Cap 0.00 OC Amount 5,034,827.12 OC Deficiency Amount 0.00 Trigger Event NO
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 17 0 0 17 3,076,966.50 0.00 0.00 3,076,966.50 30 Days 75 2 0 0 77 12,296,634.42 444,282.05 0.00 0.00 12,740,916.47 60 Days 33 2 11 0 46 6,612,058.71 107,267.27 2,469,745.45 0.00 9,189,071.43 90 Days 11 4 17 0 32 1,829,087.88 812,679.68 4,145,401.47 0.00 6,787,169.03 120 Days 0 0 2 0 2 0.00 0.00 613,350.00 0.00 613,350.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 119 25 30 0 174 20,737,781.01 4,441,195.50 7,228,496.92 0.00 32,407,473.43 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 0.346585% 0.000000% 0.000000% 0.346585% 0.333996% 0.000000% 0.000000% 0.333996% 30 Days 1.529052% 0.040775% 0.000000% 0.000000% 1.569827% 1.334765% 0.048226% 0.000000% 0.000000% 1.382990% 60 Days 0.672783% 0.040775% 0.224261% 0.000000% 0.937819% 0.717720% 0.011644% 0.268084% 0.000000% 0.997448% 90 Days 0.224261% 0.081549% 0.346585% 0.000000% 0.652396% 0.198542% 0.088214% 0.449972% 0.000000% 0.736728% 120 Days 0.000000% 0.000000% 0.040775% 0.000000% 0.040775% 0.000000% 0.000000% 0.066577% 0.000000% 0.066577% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.426096% 0.509684% 0.611621% 0.000000% 3.547401% 2.251027% 0.482079% 0.784633% 0.000000% 3.517739%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 189,726.65
Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 1 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 72,577.79 0.00 0.00 72,577.79 30 Days 9 0 0 0 9 329,406.75 0.00 0.00 0.00 329,406.75 60 Days 2 0 2 0 4 353,148.58 0.00 105,965.58 0.00 459,114.16 90 Days 4 1 1 0 6 116,244.22 14,985.80 53,377.41 0.00 184,607.43 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 15 3 3 0 21 798,799.55 87,563.59 159,342.99 0.00 1,045,706.13 0-29 Days 0.249066% 0.000000% 0.000000% 0.249066% 0.133337% 0.000000% 0.000000% 0.133337% 30 Days 1.120797% 0.000000% 0.000000% 0.000000% 1.120797% 0.605171% 0.000000% 0.000000% 0.000000% 0.605171% 60 Days 0.249066% 0.000000% 0.249066% 0.000000% 0.498132% 0.648788% 0.000000% 0.194675% 0.000000% 0.843463% 90 Days 0.498132% 0.124533% 0.124533% 0.000000% 0.747198% 0.213558% 0.027531% 0.098062% 0.000000% 0.339152% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.867995% 0.373599% 0.373599% 0.000000% 2.615193% 1.467517% 0.160868% 0.292737% 0.000000% 1.921122% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 1 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 5 760,873.89 0.00 0.00 760,873.89 30 Days 16 0 0 0 16 2,180,699.77 0.00 0.00 0.00 2,180,699.77 60 Days 5 0 1 0 6 713,392.98 0.00 97,265.93 0.00 810,658.91 90 Days 1 1 2 0 4 84,870.26 269,542.80 409,553.02 0.00 763,966.08 120 Days 0 0 1 0 1 0.00 0.00 221,350.00 0.00 221,350.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 22 6 4 0 32 2,978,963.01 1,030,416.69 728,168.95 0.00 4,737,548.65 0-29 Days 0.423012% 0.000000% 0.000000% 0.423012% 0.343244% 0.000000% 0.000000% 0.343244% 30 Days 1.353638% 0.000000% 0.000000% 0.000000% 1.353638% 0.983752% 0.000000% 0.000000% 0.000000% 0.983752% 60 Days 0.423012% 0.000000% 0.084602% 0.000000% 0.507614% 0.321824% 0.000000% 0.043878% 0.000000% 0.365703% 90 Days 0.084602% 0.084602% 0.169205% 0.000000% 0.338409% 0.038286% 0.121596% 0.184757% 0.000000% 0.344639% 120 Days 0.000000% 0.000000% 0.084602% 0.000000% 0.084602% 0.000000% 0.000000% 0.099855% 0.000000% 0.099855% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.861252% 0.507614% 0.338409% 0.000000% 2.707276% 1.343863% 0.464839% 0.328490% 0.000000% 2.137192% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 2 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 6 0 0 6 731,701.13 0.00 0.00 731,701.13 30 Days 15 0 0 0 15 1,236,446.91 0.00 0.00 0.00 1,236,446.91 60 Days 7 1 0 0 8 434,163.95 44,639.68 0.00 0.00 478,803.63 90 Days 2 1 4 0 7 192,816.15 125,947.16 487,712.35 0.00 806,475.66 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 24 8 4 0 36 1,863,427.01 902,287.97 487,712.35 0.00 3,253,427.33 0-29 Days 0.517241% 0.000000% 0.000000% 0.517241% 0.598002% 0.000000% 0.000000% 0.598002% 30 Days 1.293103% 0.000000% 0.000000% 0.000000% 1.293103% 1.010519% 0.000000% 0.000000% 0.000000% 1.010519% 60 Days 0.603448% 0.086207% 0.000000% 0.000000% 0.689655% 0.354832% 0.036483% 0.000000% 0.000000% 0.391315% 90 Days 0.172414% 0.086207% 0.344828% 0.000000% 0.603448% 0.157584% 0.102934% 0.398596% 0.000000% 0.659114% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.068966% 0.689655% 0.344828% 0.000000% 3.103448% 1.522935% 0.737419% 0.398596% 0.000000% 2.658950% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 2 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 4 0 0 4 1,511,813.69 0.00 0.00 1,511,813.69 30 Days 35 2 0 0 37 8,550,080.99 444,282.05 0.00 0.00 8,994,363.04 60 Days 19 1 8 0 28 5,111,353.20 62,627.59 2,266,513.94 0.00 7,440,494.73 90 Days 4 1 10 0 15 1,435,157.25 402,203.92 3,194,758.69 0.00 5,032,119.86 120 Days 0 0 1 0 1 0.00 0.00 392,000.00 0.00 392,000.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 58 8 19 0 85 15,096,591.44 2,420,927.25 5,853,272.63 0.00 23,370,791.32 0-29 Days 0.227273% 0.000000% 0.000000% 0.227273% 0.289178% 0.000000% 0.000000% 0.289178% 30 Days 1.988636% 0.113636% 0.000000% 0.000000% 2.102273% 1.635449% 0.084982% 0.000000% 0.000000% 1.720430% 60 Days 1.079545% 0.056818% 0.454545% 0.000000% 1.590909% 0.977693% 0.011979% 0.433536% 0.000000% 1.423208% 90 Days 0.227273% 0.056818% 0.568182% 0.000000% 0.852273% 0.274515% 0.076933% 0.611089% 0.000000% 0.962537% 120 Days 0.000000% 0.000000% 0.056818% 0.000000% 0.056818% 0.000000% 0.000000% 0.074981% 0.000000% 0.074981% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.295455% 0.454545% 1.079545% 0.000000% 4.829545% 2.887657% 0.463072% 1.119607% 0.000000% 4.470335%
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 0.000% 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. 1 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. 1 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. 2 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. 2 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.
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 30 Jan-05 0.000% Original Principal Balance 7,237,130.00 Feb-05 0.000% Current Principal Balance 7,228,496.92 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 30 Jun-05 0.000% Original Principal Balance 7,237,130.00 Jul-05 0.000% Current Principal Balance 7,228,496.92 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.256% 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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 3 Jan-05 0.000% Original Principal Balance 159,450.00 Feb-05 0.000% Current Principal Balance 159,342.99 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 3 Jun-05 0.000% Original Principal Balance 159,450.00 Jul-05 0.000% Current Principal Balance 159,342.99 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 4.399% Dec-05 0.293% *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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 4 Jan-05 0.000% Original Principal Balance 728,950.00 Feb-05 0.000% Current Principal Balance 728,168.95 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 4 Jun-05 0.000% Original Principal Balance 728,950.00 Jul-05 0.000% Current Principal Balance 728,168.95 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.328% *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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 4 Jan-05 0.000% Original Principal Balance 488,200.00 Feb-05 0.000% Current Principal Balance 487,712.35 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 4 Jun-05 0.000% Original Principal Balance 488,200.00 Jul-05 0.000% Current Principal Balance 487,712.35 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.399% *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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 19 Jan-05 0.000% Original Principal Balance 5,860,530.00 Feb-05 0.000% Current Principal Balance 5,853,272.63 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 19 Jun-05 0.000% Original Principal Balance 5,860,530.00 Jul-05 0.000% Current Principal Balance 5,853,272.63 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 1.120% *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 1 0011213975 Dec-2005 01-Jul-2005 NY 100.00 60,000.00 1 0011218489 Dec-2005 01-Jul-2005 MD 100.00 53,400.00 1 0011221844 Dec-2005 01-Jul-2005 CA 95.00 46,050.00 1 0011174332 Dec-2005 01-May-2005 TX 82.43 97,600.00 1 0011206681 Dec-2005 01-Jul-2005 MD 74.80 190,000.00 1 0011207804 Dec-2005 01-Jun-2005 MA 80.00 220,000.00 1 0011217475 Dec-2005 01-Jul-2005 NJ 95.00 221,350.00 2 0011178603 Dec-2005 01-Jun-2005 CA 100.00 114,000.00 2 0011193110 Dec-2005 01-Jun-2005 CA 100.00 61,200.00 2 0011193554 Dec-2005 01-Jun-2005 NJ 48.86 215,000.00 2 0011221376 Dec-2005 01-Jul-2005 TX 100.00 98,000.00 2 0011139962 Dec-2005 01-May-2005 NY 72.96 456,000.00 2 0011153624 Dec-2005 01-May-2005 NY 90.00 450,000.00 2 0011158111 Dec-2005 01-May-2005 TX 80.00 223,920.00 2 0011174235 Dec-2005 01-Jun-2005 CA 80.00 220,000.00 2 0011178601 Dec-2005 01-Jun-2005 CA 80.00 456,000.00 2 0011193108 Dec-2005 01-Jun-2005 CA 80.00 244,800.00 2 0011195611 Dec-2005 01-Jul-2005 CA 80.00 236,800.00 2 0011196755 Dec-2005 01-Jul-2005 CA 90.00 342,000.00 2 0011199069 Dec-2005 01-Jun-2005 SC 80.00 90,000.00 2 0011206381 Dec-2005 01-Jun-2005 CA 80.00 600,800.00 2 0011208684 Dec-2005 01-Jul-2005 TX 80.00 87,200.00 2 0011211942 Dec-2005 01-Jul-2005 CA 80.00 200,000.00 2 0011216944 Dec-2005 01-Jul-2005 CA 80.00 340,000.00 2 0011217489 Dec-2005 01-Jul-2005 FL 75.00 135,000.00 2 0011217836 Dec-2005 01-Jul-2005 NY 95.00 636,500.00 2 0011220562 Dec-2005 01-Jul-2005 CA 80.00 329,510.00 2 0011221375 Dec-2005 01-Jul-2005 TX 80.00 392,000.00 2 0011222242 Dec-2005 01-Jul-2005 KS 80.00 160,000.00 2 0011227349 Dec-2005 01-Jul-2005 CA 80.00 260,000.00
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 1 0011213975 59,949.47 01-Sep-2005 2 10.250% 1,946.89 1 0011218489 53,377.41 01-Aug-2005 3 10.250% 1,732.73 1 0011221844 46,016.11 01-Sep-2005 2 10.875% 1,590.35 1 0011174332 97,265.93 01-Sep-2005 2 6.825% 2,044.14 1 0011206681 189,875.72 01-Aug-2005 3 8.125% 4,817.21 1 0011207804 219,677.30 01-Aug-2005 3 7.575% 5,163.38 1 0011217475 221,350.00 01-Jul-2005 4 8.500% 5,889.13 2 0011178603 113,857.80 01-Aug-2005 3 8.375% 2,983.56 2 0011193110 61,154.11 01-Aug-2005 3 10.790% 2,095.38 2 0011193554 214,743.89 01-Aug-2005 3 8.600% 5,788.42 2 0011221376 97,956.55 01-Aug-2005 3 9.990% 3,094.85 2 0011139962 454,564.17 01-Sep-2005 2 7.250% 10,213.29 2 0011153624 448,664.91 01-Sep-2005 2 7.550% 10,529.64 2 0011158111 223,433.16 01-Aug-2005 3 7.650% 5,314.31 2 0011174235 219,672.44 01-Aug-2005 3 7.500% 5,115.02 2 0011178601 455,036.46 01-Aug-2005 3 5.700% 7,864.07 2 0011193108 244,604.90 01-Aug-2005 3 6.850% 5,171.70 2 0011195611 236,596.12 01-Aug-2005 3 6.750% 4,917.27 2 0011196755 342,000.00 01-Sep-2005 2 6.490% 6,828.60 2 0011199069 89,862.60 01-Aug-2005 3 7.375% 2,054.96 2 0011206381 599,927.56 01-Aug-2005 3 7.625% 14,219.34 2 0011208684 87,079.59 01-Sep-2005 2 7.875% 2,138.07 2 0011211942 199,846.73 01-Sep-2005 2 6.990% 4,320.42 2 0011216944 339,946.67 01-Sep-2005 2 7.700% 8,158.72 2 0011217489 134,940.80 01-Sep-2005 2 8.925% 3,788.12 2 0011217836 636,500.00 01-Aug-2005 3 8.500% 16,973.32 2 0011220562 329,222.38 01-Aug-2005 3 6.680% 6,765.51 2 0011221375 392,000.00 01-Jul-2005 4 8.275% 10,134.93 2 0011222242 159,903.07 01-Aug-2005 3 8.500% 4,256.89 2 0011227349 259,471.07 01-Sep-2005 2 5.900% 4,662.06
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 25 Jan-05 0.000% Original Principal Balance 4,452,830.00 Feb-05 0.000% Current Principal Balance 4,441,195.50 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 25 Jun-05 0.000% Original Principal Balance 4,452,830.00 Jul-05 0.000% Current Principal Balance 4,441,195.50 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.389% Dec-05 0.482% *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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 3 Jan-05 0.000% Original Principal Balance 87,810.00 Feb-05 0.000% Current Principal Balance 87,563.59 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 3 Jun-05 0.000% Original Principal Balance 87,810.00 Jul-05 0.000% Current Principal Balance 87,563.59 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 6.684% Dec-05 0.161% *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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 6 Jan-05 0.000% Original Principal Balance 1,032,450.00 Feb-05 0.000% Current Principal Balance 1,030,416.69 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 6 Jun-05 0.000% Original Principal Balance 1,032,450.00 Jul-05 0.000% Current Principal Balance 1,030,416.69 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.465% *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. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 8 Jan-05 0.000% Original Principal Balance 904,650.00 Feb-05 0.000% Current Principal Balance 902,287.97 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 8 Jun-05 0.000% Original Principal Balance 904,650.00 Jul-05 0.000% Current Principal Balance 902,287.97 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.737% *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. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 8 Jan-05 0.000% Original Principal Balance 2,427,920.00 Feb-05 0.000% Current Principal Balance 2,420,927.25 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 8 Jun-05 0.000% Original Principal Balance 2,427,920.00 Jul-05 0.000% Current Principal Balance 2,420,927.25 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.463% *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 1 0011169134 Dec-2005 01-May-2005 OK 100.00 50,810.00 1 0011182971 Dec-2005 01-Jun-2005 LA 100.00 15,000.00 1 0011204121 Dec-2005 01-Jun-2005 OK 100.00 22,000.00 1 0011163762 Dec-2005 01-Jun-2005 MO 81.82 153,000.00 1 0011168316 Dec-2005 01-May-2005 OK 80.00 203,200.00 1 0011186613 Dec-2005 01-Jun-2005 TX 90.00 270,000.00 1 0011198122 Dec-2005 01-Jun-2005 OH 95.00 90,250.00 1 0011207947 Dec-2005 01-Jul-2005 TN 80.00 168,000.00 1 0011222019 Dec-2005 01-Jul-2005 AZ 89.70 148,000.00 2 0011169661 Dec-2005 01-May-2005 NC 100.00 91,980.00 2 0011186374 Dec-2005 01-Jun-2005 NJ 90.00 184,500.00 2 0011191011 Dec-2005 01-Jul-2005 MD 100.00 97,000.00 2 0011199864 Dec-2005 01-Jul-2005 CA 100.00 126,000.00 2 0011210669 Dec-2005 01-Jul-2005 CA 100.00 81,600.00 2 0011217406 Dec-2005 01-Jul-2005 CO 93.77 241,000.00 2 0011227220 Dec-2005 01-Jul-2005 TX 100.00 37,900.00 2 0011228937 Dec-2005 01-Jul-2005 MS 100.00 44,670.00 2 0011169653 Dec-2005 01-May-2005 NC 80.00 367,920.00 2 0011191042 Dec-2005 01-Jul-2005 MD 80.00 388,000.00 2 0011197033 Dec-2005 01-Jul-2005 CA 80.00 402,400.00 2 0011201844 Dec-2005 01-Jul-2005 RI 60.68 250,000.00 2 0011204769 Dec-2005 01-Jul-2005 TN 95.00 62,700.00 2 0011210668 Dec-2005 01-Jul-2005 CA 80.00 326,400.00 2 0011226856 Dec-2005 01-Jul-2005 CA 85.00 552,500.00 2 0011227918 Dec-2005 01-Jul-2005 LA 80.00 78,000.00
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 1 0011169134 50,640.61 01-Dec-2005 (1) 10.500% 422.01 1 0011182971 14,985.80 01-Aug-2005 3 11.250% 536.55 1 0011204121 21,937.18 01-Dec-2005 (1) 9.750% 169.10 1 0011163762 152,007.04 01-Dec-2005 (1) 8.550% 1,019.71 1 0011168316 203,200.00 01-Dec-2005 (1) 7.990% 1,268.30 1 0011186613 269,542.80 01-Aug-2005 3 6.850% 5,691.82 1 0011198122 90,136.65 01-Nov-2005 0 8.500% 1,201.66 1 0011207947 167,799.41 01-Dec-2005 (1) 7.100% 922.89 1 0011222019 147,730.79 01-Dec-2005 (1) 7.250% 830.99 2 0011169661 91,789.23 01-Nov-2005 0 11.250% 1,644.26 2 0011186374 183,817.35 01-Dec-2005 (1) 8.500% 1,225.45 2 0011191011 96,770.03 01-Dec-2005 (1) 9.750% 745.94 2 0011199864 125,947.16 01-Aug-2005 3 10.250% 4,088.47 2 0011210669 81,461.36 01-Nov-2005 0 10.250% 1,323.46 2 0011217406 240,048.58 01-Dec-2005 (1) 7.250% 1,350.27 2 0011227220 37,814.58 01-Dec-2005 (1) 9.990% 299.05 2 0011228937 44,639.68 01-Sep-2005 2 11.250% 1,598.62 2 0011169653 366,467.51 01-Oct-2005 1 7.250% 6,179.14 2 0011191042 386,227.15 01-Dec-2005 (1) 6.500% 1,931.13 2 0011197033 402,203.92 01-Aug-2005 3 6.125% 7,531.15 2 0011201844 248,922.67 01-Dec-2005 (1) 6.990% 1,346.25 2 0011204769 62,627.59 01-Sep-2005 2 8.750% 1,720.48 2 0011210668 325,266.40 01-Nov-2005 0 6.750% 3,386.69 2 0011226856 551,397.47 01-Dec-2005 (1) 6.875% 2,929.30 2 0011227918 77,814.54 01-Oct-2005 1 7.200% 1,302.34
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 1 0 0.00 0.00 0.000% 1 0 0.00 0.00 0.000% 2 0 0.00 0.00 0.000% 2 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 0.000% 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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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. 1 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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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. 1 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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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. 2 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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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. 2 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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *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 1 9 644,402.00 641,538.12 0 0.00 0.00 1 37 7,868,738.00 7,844,763.65 0 0.00 0.00 2 29 2,804,575.00 2,796,440.42 0 0.00 0.00 2 44 14,378,270.00 14,331,365.42 0 0.00 0.00 Total 119 25,695,985.00 25,614,107.61 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 1 0 0.00 0.00 0 0.00 0.00 5,576.89 1 0 0.00 0.00 0 0.00 0.00 17,608.79 2 0 0.00 0.00 0 0.00 0.00 1,153.73 2 0 0.00 0.00 0 0.00 0.00 10,706.63 Total 0 0.00 0.00 0 0.00 0.00 35,046.04
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0011162587 CT 100.00 01-Jul-2005 31,000.00 30,911.44 1 0011180398 FL 100.00 01-Jul-2005 42,000.00 41,897.65 1 0011187428 CA 100.00 01-Jul-2005 24,720.00 24,329.32 1 0011188981 CA 100.00 01-Jul-2005 39,000.00 38,899.75 1 0011193027 MD 100.00 01-Jul-2005 38,400.00 38,295.43 1 0011193842 NY 78.98 01-Jun-2005 342,000.00 339,851.60 1 0011195249 VA 100.00 01-Jul-2005 69,432.00 69,223.01 1 0011205852 AZ 95.00 01-Jul-2005 23,850.00 23,812.31 1 0011210922 AZ 96.00 01-Jul-2005 34,000.00 33,897.65 1 0011129608 VA 80.00 01-May-2005 119,200.00 118,648.56 1 0011162584 CT 80.00 01-Jul-2005 124,000.00 123,480.80 1 0011170701 CA 88.44 01-May-2005 283,000.00 280,596.22 1 0011174290 TX 86.50 01-May-2005 154,400.00 153,381.55 1 0011182087 MA 79.57 01-Jun-2005 296,000.00 294,003.04 1 0011183840 CO 80.00 01-Jun-2005 137,600.00 137,600.00 1 0011185069 WI 80.00 01-Jul-2005 119,480.00 118,889.55 1 0011187427 CA 80.00 01-Jul-2005 98,880.00 98,309.70 1 0011189533 AZ 80.00 01-Jul-2005 166,400.00 166,400.00 1 0011190642 NY 80.00 01-Jun-2005 300,000.00 298,157.59 1 0011192947 VA 89.74 01-Jun-2005 175,000.00 174,641.98 1 0011194356 CA 53.66 01-Jun-2005 220,000.00 218,529.82 1 0011195248 VA 80.00 01-Jul-2005 277,728.00 276,908.81 1 0011196043 FL 80.00 01-Jun-2005 156,000.00 154,816.05 1 0011196182 MD 85.00 01-Jun-2005 153,000.00 152,000.44 1 0011198715 MD 80.00 01-Jul-2005 173,600.00 172,598.71 1 0011199741 AZ 90.00 01-Jun-2005 225,000.00 224,615.77 1 0011201472 MD 81.82 01-Jul-2005 270,000.00 268,472.17 1 0011204036 CA 73.00 01-Jun-2005 313,900.00 312,772.45 1 0011204406 IL 90.00 01-Jul-2005 164,700.00 163,991.20 1 0011204958 CA 71.33 01-Jul-2005 214,000.00 213,344.38 1 0011204967 CA 75.00 01-Jul-2005 225,000.00 223,866.17 1 0011205798 VA 70.00 01-Jun-2005 195,300.00 194,451.43 1 0011205847 AZ 80.00 01-Jul-2005 127,200.00 126,904.13 1 0011206254 CA 82.73 01-Jun-2005 182,000.00 182,000.00 1 0011206493 CA 80.00 01-Jun-2005 320,000.00 320,000.00 1 0011208922 CA 86.84 01-Jul-2005 165,000.00 164,578.40 1 0011212501 CA 90.00 01-Jul-2005 265,500.00 265,490.57 1 0011216025 CA 80.00 01-Jul-2005 192,000.00 191,459.96 1 0011216047 CA 88.38 01-Jul-2005 327,000.00 326,398.00 1 0011216048 CA 75.00 01-Jul-2005 292,500.00 291,820.64 1 0011216584 NV 61.03 01-Jun-2005 119,000.00 118,259.93 1 0011220978 CA 90.00 01-Jul-2005 220,500.00 219,632.81 1 0011225653 CO 94.85 01-Jul-2005 184,000.00 183,239.16 1 0011225660 CA 90.00 01-Jul-2005 237,600.00 237,127.86 1 0011226220 CA 80.00 01-Jul-2005 356,000.00 356,000.00 1 0011227891 MD 95.00 01-Jul-2005 318,250.00 317,768.74 2 0011132450 NJ 95.00 01-Mar-2005 33,750.00 33,553.78 2 0011171304 CA 100.00 01-May-2005 90,000.00 89,727.68 2 0011175070 CA 100.00 01-Jun-2005 75,025.00 74,723.97 2 0011176856 CA 100.00 01-Jul-2005 42,000.00 41,880.05 2 0011178967 CA 100.00 01-May-2005 114,000.00 113,433.62 2 0011181432 CA 100.00 01-May-2005 53,000.00 52,806.17 2 0011182088 MA 100.00 01-Jun-2005 74,000.00 73,799.69 2 0011190648 NY 100.00 01-Jun-2005 75,000.00 74,844.87 2 0011192444 MD 100.00 01-May-2005 50,000.00 49,738.73 2 0011195425 WA 100.00 01-Jul-2005 71,600.00 71,446.71 2 0011195705 MA 100.00 01-Jun-2005 57,800.00 57,647.30 2 0011196101 CA 80.00 01-Jun-2005 242,400.00 241,104.92 2 0011196103 CA 100.00 01-Jun-2005 60,600.00 60,406.53 2 0011204530 MD 64.86 01-Jul-2005 227,000.00 225,921.33 2 0011206475 FL 80.00 01-Jul-2005 152,000.00 151,566.64 2 0011206494 CA 100.00 01-Jun-2005 80,000.00 79,740.59 2 0011208804 CA 100.00 01-Jun-2005 80,600.00 80,347.82 2 0011211204 NV 100.00 01-Jul-2005 55,000.00 54,891.96 2 0011212782 IL 100.00 01-Jul-2005 74,000.00 73,819.63 2 0011213639 FL 80.00 01-Jul-2005 145,600.00 145,131.06 2 0011214346 CA 100.00 01-Jul-2005 67,000.00 66,849.31 2 0011214416 CA 100.00 01-Jul-2005 106,000.00 105,703.45 2 0011214446 MO 90.00 01-Jul-2005 150,750.00 150,177.90 2 0011214651 CA 100.00 01-Jul-2005 72,000.00 71,804.40 2 0011215883 WV 85.00 01-Jul-2005 216,750.00 215,972.22 2 0011215961 WA 100.00 01-Jul-2005 63,200.00 63,045.94 2 0011221750 CA 95.00 01-Jul-2005 43,500.00 43,394.00 2 0011224120 CA 100.00 01-Jul-2005 110,000.00 109,745.89 2 0011227448 CA 100.00 01-Jul-2005 122,000.00 121,718.16 2 0011157508 CA 75.00 01-Jun-2005 217,500.00 216,227.51 2 0011158273 CA 90.00 01-Jul-2005 360,000.00 359,729.28 2 0011167383 MD 80.00 01-May-2005 328,000.00 326,067.61 2 0011170942 CA 80.00 01-Jun-2005 800,000.00 794,287.21 2 0011173857 IL 95.00 01-May-2005 229,425.00 228,255.91 2 0011178111 NJ 69.73 01-May-2005 410,000.00 407,921.37 2 0011180777 IL 85.00 01-Jul-2005 119,000.00 118,570.81 2 0011183650 ME 76.17 01-Jun-2005 147,000.00 146,294.18 2 0011192442 MD 80.00 01-May-2005 200,000.00 199,825.99 2 0011193912 VA 80.00 01-Jul-2005 480,000.00 480,000.00 2 0011194055 CA 80.00 01-Jun-2005 288,000.00 284,338.36 2 0011194145 NY 80.00 01-Jul-2005 200,000.00 198,846.49 2 0011197132 WV 80.00 01-Jul-2005 247,920.00 246,350.43 2 0011198797 MD 85.00 01-Jun-2005 239,275.00 238,156.85 2 0011200070 MD 85.00 01-Jul-2005 425,000.00 425,000.00 2 0011200414 DC 72.83 01-Jul-2005 335,000.00 334,489.17 2 0011201604 MI 85.00 01-Jun-2005 130,050.00 129,456.18 2 0011203362 CA 81.77 01-Jun-2005 296,000.00 294,021.94 2 0011203690 CA 85.00 01-Jul-2005 344,250.00 343,505.48 2 0011203968 DC 79.66 01-Jun-2005 235,000.00 234,317.85 2 0011205950 NY 85.00 01-Jun-2005 521,050.00 518,359.28 2 0011206875 CA 80.00 01-Jul-2005 236,000.00 234,510.80 2 0011207495 MD 80.00 01-May-2005 203,200.00 201,954.67 2 0011208089 CA 80.00 01-Jul-2005 184,000.00 184,000.00 2 0011208250 IL 80.00 01-Jul-2005 272,000.00 270,662.38 2 0011208297 CA 76.47 01-Jul-2005 650,000.00 645,974.77 2 0011208329 UT 80.00 01-Jul-2005 72,000.00 71,742.98 2 0011209646 NJ 80.00 01-Jun-2005 325,600.00 323,613.84 2 0011209949 CA 90.00 01-Jul-2005 522,000.00 520,018.98 2 0011210756 CA 90.00 01-Jul-2005 358,200.00 357,550.21 2 0011214345 CA 80.00 01-Jul-2005 268,000.00 267,023.33 2 0011217202 AZ 95.00 01-Jul-2005 166,250.00 166,071.05 2 0011218180 FL 75.00 01-Jul-2005 422,250.00 420,576.65 2 0011218386 CA 90.00 01-Jul-2005 585,000.00 583,042.43 2 0011219939 CA 90.00 01-Jul-2005 526,500.00 525,416.08 2 0011220552 MD 68.70 01-Jul-2005 446,500.00 444,668.53 2 0011220606 CA 80.00 01-Jul-2005 380,000.00 378,987.94 2 0011220777 CA 80.00 01-Jul-2005 315,200.00 315,200.00 2 0011220962 CA 80.00 01-Jul-2005 273,600.00 272,900.73 2 0011221749 CA 80.00 01-Jul-2005 232,000.00 232,000.00 2 0011222331 CA 95.00 01-Jul-2005 361,000.00 360,180.01 2 0011225342 NY 69.77 01-Jul-2005 270,000.00 268,619.35 2 0011230326 NJ 85.30 01-Jul-2005 281,500.00 280,288.52 2 0011232496 CA 95.00 01-Jul-2005 475,000.00 474,127.20
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0011162587 Loan Paid in Full 1 9.750% 180 5 1 0011180398 Loan Paid in Full (1) 10.500% 180 5 1 0011187428 Loan Paid in Full (1) 9.250% 180 5 1 0011188981 Loan Paid in Full (1) 10.250% 180 5 1 0011193027 Loan Paid in Full (1) 9.990% 180 5 1 0011193842 Loan Paid in Full (1) 6.625% 360 6 1 0011195249 Loan Paid in Full (1) 9.500% 180 5 1 0011205852 Loan Paid in Full (1) 12.490% 180 5 1 0011210922 Loan Paid in Full (1) 9.500% 180 5 1 0011129608 Loan Paid in Full (1) 8.850% 360 7 1 0011162584 Loan Paid in Full (1) 7.990% 360 5 1 0011170701 Loan Paid in Full (1) 5.750% 360 7 1 0011174290 Loan Paid in Full 1 7.075% 360 7 1 0011182087 Loan Paid in Full (1) 6.250% 360 6 1 0011183840 Loan Paid in Full (1) 5.450% 360 6 1 0011185069 Loan Paid in Full (1) 7.050% 360 5 1 0011187427 Loan Paid in Full (1) 6.250% 360 5 1 0011189533 Loan Paid in Full (1) 6.500% 360 5 1 0011190642 Loan Paid in Full (1) 6.740% 360 6 1 0011192947 Loan Paid in Full (1) 8.000% 360 6 1 0011194356 Loan Paid in Full (1) 6.300% 360 6 1 0011195248 Loan Paid in Full (1) 6.125% 360 5 1 0011196043 Loan Paid in Full (1) 5.625% 360 6 1 0011196182 Loan Paid in Full (1) 6.450% 360 6 1 0011198715 Loan Paid in Full (1) 6.250% 360 5 1 0011199741 Loan Paid in Full (1) 8.625% 360 6 1 0011201472 Loan Paid in Full (1) 6.350% 360 5 1 0011204036 Loan Paid in Full (1) 5.975% 360 6 1 0011204406 Loan Paid in Full (1) 7.750% 360 5 1 0011204958 Loan Paid in Full (2) 6.000% 360 5 1 0011204967 Loan Paid in Full 1 6.950% 360 5 1 0011205798 Loan Paid in Full (1) 8.485% 360 6 1 0011205847 Loan Paid in Full (1) 6.990% 360 5 1 0011206254 Loan Paid in Full (1) 5.675% 360 6 1 0011206493 Loan Paid in Full (1) 6.700% 360 6 1 0011208922 Loan Paid in Full (1) 6.651% 360 5 1 0011212501 Loan Paid in Full (1) 6.650% 360 5 1 0011216025 Loan Paid in Full (1) 6.300% 360 5 1 0011216047 Loan Paid in Full (1) 5.990% 360 5 1 0011216048 Loan Paid in Full (1) 6.995% 360 5 1 0011216584 Loan Paid in Full (1) 6.675% 360 6 1 0011220978 Loan Paid in Full (1) 8.200% 360 5 1 0011225653 Loan Paid in Full (1) 7.950% 360 5 1 0011225660 Loan Paid in Full (1) 7.550% 360 5 1 0011226220 Loan Paid in Full (1) 5.750% 360 5 1 0011227891 Loan Paid in Full (1) 8.500% 360 5 2 0011132450 Loan Paid in Full (2) 8.990% 180 9 2 0011171304 Loan Paid in Full (1) 10.875% 180 7 2 0011175070 Loan Paid in Full (1) 8.875% 180 6 2 0011176856 Loan Paid in Full (1) 9.750% 180 5 2 0011178967 Loan Paid in Full (1) 8.500% 180 7 2 0011181432 Loan Paid in Full (1) 9.990% 180 7 2 0011182088 Loan Paid in Full (1) 10.750% 180 6 2 0011190648 Loan Paid in Full (1) 11.990% 180 6 2 0011192444 Loan Paid in Full (1) 8.250% 180 7 2 0011195425 Loan Paid in Full (1) 11.125% 180 5 2 0011195705 Loan Paid in Full (1) 10.990% 180 6 2 0011196101 Loan Paid in Full 0 7.460% 360 6 2 0011196103 Loan Paid in Full 0 9.990% 180 6 2 0011204530 Loan Paid in Full (1) 7.250% 360 5 2 0011206475 Loan Paid in Full (1) 6.250% 360 5 2 0011206494 Loan Paid in Full (1) 9.900% 180 6 2 0011208804 Loan Paid in Full 0 10.875% 180 6 2 0011211204 Loan Paid in Full (1) 11.500% 180 5 2 0011212782 Loan Paid in Full (1) 10.500% 180 5 2 0011213639 Loan Paid in Full (1) 9.175% 360 5 2 0011214346 Loan Paid in Full (1) 10.875% 180 5 2 0011214416 Loan Paid in Full (1) 9.875% 180 5 2 0011214446 Loan Paid in Full 0 8.375% 360 5 2 0011214651 Loan Paid in Full 0 10.000% 180 5 2 0011215883 Loan Paid in Full (1) 8.650% 360 5 2 0011215961 Loan Paid in Full (1) 10.500% 180 5 2 0011221750 Loan Paid in Full (1) 10.500% 180 5 2 0011224120 Loan Paid in Full 2 10.750% 180 5 2 0011227448 Loan Paid in Full (1) 10.750% 180 5 2 0011157508 Loan Paid in Full (1) 6.990% 360 6 2 0011158273 Loan Paid in Full (1) 6.600% 360 5 2 0011167383 Loan Paid in Full (1) 7.650% 360 7 2 0011170942 Loan Paid in Full (1) 5.950% 360 6 2 0011173857 Loan Paid in Full (1) 8.375% 360 7 2 0011178111 Loan Paid in Full (1) 8.400% 360 7 2 0011180777 Loan Paid in Full (1) 8.625% 360 5 2 0011183650 Loan Paid in Full (2) 7.990% 360 6 2 0011192442 Loan Paid in Full (1) 6.725% 360 7 2 0011193912 Loan Paid in Full (2) 6.500% 360 5 2 0011194055 Loan Paid in Full (1) 6.700% 360 6 2 0011194145 Loan Paid in Full (1) 6.250% 360 5 2 0011197132 Loan Paid in Full (1) 5.875% 360 5 2 0011198797 Loan Paid in Full (1) 8.125% 360 6 2 0011200070 Loan Paid in Full (1) 6.425% 360 5 2 0011200414 Loan Paid in Full (1) 8.475% 360 5 2 0011201604 Loan Paid in Full 0 8.240% 360 6 2 0011203362 Loan Paid in Full (1) 6.300% 360 6 2 0011203690 Loan Paid in Full (1) 7.250% 360 5 2 0011203968 Loan Paid in Full (1) 6.990% 360 6 2 0011205950 Loan Paid in Full (1) 7.625% 360 6 2 0011206875 Loan Paid in Full (1) 5.775% 360 5 2 0011207495 Loan Paid in Full (1) 7.450% 360 7 2 0011208089 Loan Paid in Full (1) 6.950% 360 5 2 0011208250 Loan Paid in Full (2) 7.075% 360 5 2 0011208297 Loan Paid in Full 0 5.875% 360 5 2 0011208329 Loan Paid in Full (1) 8.675% 360 5 2 0011209646 Loan Paid in Full (2) 6.775% 360 6 2 0011209949 Loan Paid in Full (1) 8.375% 360 5 2 0011210756 Loan Paid in Full (1) 7.890% 360 5 2 0011214345 Loan Paid in Full (1) 5.750% 360 5 2 0011217202 Loan Paid in Full (1) 9.650% 360 5 2 0011218180 Loan Paid in Full (1) 5.975% 360 5 2 0011218386 Loan Paid in Full (1) 8.990% 360 5 2 0011219939 Loan Paid in Full (1) 7.425% 360 5 2 0011220552 Loan Paid in Full (1) 7.990% 360 5 2 0011220606 Loan Paid in Full (1) 6.500% 360 5 2 0011220777 Loan Paid in Full (1) 7.450% 360 5 2 0011220962 Loan Paid in Full (1) 6.650% 360 5 2 0011221749 Loan Paid in Full (1) 6.550% 360 5 2 0011222331 Loan Paid in Full (1) 7.075% 360 5 2 0011225342 Loan Paid in Full (1) 6.875% 360 5 2 0011230326 Loan Paid in Full (1) 7.750% 360 5 2 0011232496 Loan Paid in Full (1) 7.825% 360 5
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 2.709% Current Month 28.074% Current Month 2,638.909% 3 Month Average 2.440% 3 Month Average 25.627% 3 Month Average 3,028.320% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 23.187% N/A Oct-2005 3,483.069% N/A Nov-2005 25.619% N/A Nov-2005 2,962.982% N/A Dec-2005 28.074% N/A Dec-2005 2,638.909% N/A *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. 1 SMM CPR PSA Current Month 1.175% Current Month 13.223% Current Month 1,234.505% 3 Month Average 1.500% 3 Month Average 16.504% 3 Month Average 1,963.852% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 14.388% N/A Oct-2005 2,143.952% N/A Nov-2005 21.902% N/A Nov-2005 2,513.098% N/A Dec-2005 13.223% N/A Dec-2005 1,234.505% N/A *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. 1 SMM CPR PSA Current Month 3.426% Current Month 34.182% Current Month 3,211.857% 3 Month Average 2.560% 3 Month Average 26.545% 3 Month Average 3,065.263% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 21.246% N/A Oct-2005 3,187.102% N/A Nov-2005 24.207% N/A Nov-2005 2,796.830% N/A Dec-2005 34.182% N/A Dec-2005 3,211.857% N/A *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. 2 SMM CPR PSA Current Month 2.236% Current Month 23.762% Current Month 2,206.378% 3 Month Average 1.669% 3 Month Average 18.195% 3 Month Average 2,089.349% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 16.451% N/A Oct-2005 2,424.256% N/A Nov-2005 14.371% N/A Nov-2005 1,637.414% N/A Dec-2005 23.762% N/A Dec-2005 2,206.378% N/A *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. 2 SMM CPR PSA Current Month 2.670% Current Month 27.729% Current Month 2,616.274% 3 Month Average 2.660% 3 Month Average 27.634% 3 Month Average 3,314.712% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 26.253% N/A Oct-2005 3,966.903% N/A Nov-2005 28.922% N/A Nov-2005 3,360.960% N/A Dec-2005 27.729% N/A Dec-2005 2,616.274% N/A *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))
Modifications Loan Beginning Current Prior Modified Prior Modified Number Balance Balance Rate Rate Payment Payment No Modifications this Period
Substitutions Loans Repurchased Loans Substituted Loan Current Current Current Loan Current Current Current Number Balance Rate Payment Number Balance Rate Payment No Substitutions this Period
Repurchases Loan Current Current Current Number Balance Rate Payment No Repurchases this Period