SUBJECT TO REVISION
COMPUTATIONAL MATERIALS

COLLATERAL TERM SHEET

October 26, 2006

$[748,252,367] (+/- 10%)

(Approximate)

ASSET BACKED SECURITIES CORPORATION

HOME EQUITY LOAN TRUST, SERIES MO 2006-HE6

CLASS A2, A3, A4, A5, M1, M2, M3, M4, M5, M6, M7, M8 AND M9 CERTIFICATES

ASSET BACKED SECURITIES CORPORATION

HOME EQUITY LOAN TRUST, SERIES MO 2006-HE6

Issuer

ASSET BACKED SECURITIES CORPORATION

Depositor

DLJ MORTGAGE CAPITAL, INC.

Seller

Mortgage Originators

          

Servicers

Master Servicer

**Subject to Revision**

ASSET BACKED SECURITIES CORPORATION

HOME EQUITY LOAN TRUST, SERIES MO 2006-HE6

Disclaimer

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates with a file number of 333-131465.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.

The information in the accompanying term sheet supplement and the prospectus that the issuer has filed with the SEC (which you may get for free by visiting EDGAR on the SEC website at www.sec.gov) should be reviewed in connection with this term sheet.

This free writing prospectus is not required to contain all information that is required to be included in the base prospectus and the prospectus supplement that will be prepared for the securities offering to which this free writing prospectus relates.  This free writing prospectus is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.

The information in this free writing prospectus is preliminary, and may be superseded by an additional free writing prospectus provided to you prior to the time you enter into a contract of sale.  This preliminary free writing prospectus is being delivered to you solely to provide you with information about the offering of the securities referred to herein.  The securities are being offered when, as and if issued.  In particular, you are advised that these securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus.  As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials.  Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials.

A contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have confirmed the allocation of securities to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.  You may withdraw your offer to purchase securities at any time prior to our acceptance of your offer.

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential are not applicable to these materials and should be disregarded.  Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 Summary of Terms

Cut-off Date:	November 1, 2006
Expected Pricing:	On or about October [27], 2006
Mortgage Originators:	Nationstar Home Equity Company LLC, Argent Mortgage Company, LLC and Ameriquest Mortgage Company.
Issuer:	Asset Backed Securities Corporation Home Equity Loan Trust, Series MO 2006-HE6
Depositor:	Asset Backed Securities Corporation
Seller:	DLJ Mortgage Capital, Inc.
Expected Settlement:	On or about November [30], 2006 (the “Closing Date")
Legal Final Maturity:	[November] 25, 2036
Servicers:	Nationstar Home Equity Company LLC and Select Portfolio Servicing, Inc.
Master Servicer and Trust Adminstrator:	Wells Fargo Bank, N.A.
Custodian:	U.S. Bank National Association
Trustee:	U.S. Bank National Association
Lead Underwriter:	Credit Suisse Securities (USA) LLC
Co-Manager:	TBD
Loan Performance Advisor:	Office Tiger Global Real Estate Services (f/k/a MortgageRamp, Inc.)
Distribution Date:	The 25th day of each month (or if such 25th day is not a business day, the next succeeding business day) commencing on December 26, 2006.

MORTGAGE LOANS

The Mortgage Loans primarily consist of first lien adjustable rate loans, first and second lien fixed rate loans, first lien IO loans, first lien balloon loans and first lien dual amortization loans.  The 2/28, 3/12, 3/17 and 3/27 adjustable rate loans are primarily subject to semi-annual interest rate adjustments after an initial twenty-four and thirty-six month period.  The obligations of the Borrower under each mortgage are secured by the related property.

The information concerning the Mortgage Loans presented below is based on a statistical pool of loans using actual balances originated through [August] 2006.  The final pool will be approximately $[982,924,615.91] (+/-10%) with a weighted average remaining term of [355] months.  The characteristics noted below are representative of the final pool, but are subject to variances based on final delivery.  The final pool will not have any loans with LTV or CLTV ratios in excess of 100.00% and will not have any loans with FICO scores less than 500.

 ABSC MO 2006-HE6 Collateral Summary

Characteristics	Aggregate Collateral Summary	Adjustable Rate Collateral Summary	Fixed Collateral Summary	Interest Only Collateral Summary	Second Lien Collateral Summary	Silent Second Collateral Summary
Current Balance	$1,020,900,864.75	$792,723,337.16	$228,177,527.59	$98,834,354.51	$8,298,026.73	$337,353,440.63
Number of Loans	5,185	3,645	1,540	304	125	1,629
Average Current Balance	$196,895.06	$217,482.40	$148,167.23	$325,113.01	$66,384.21	$207,092.35
Interest Only Percentage	9.68%	10.99%	5.12%	100.00%	0.00%	14.27%
Fixed Rate Percentage	22.35%	0.00%	100.00%	11.82%	100.00%	17.03%
Adjustable Rate Percentage	77.65%	100.00%	0.00%	88.18%	0.00%	82.97%
W.A. Coupon	8.503%	8.475%	8.600%	7.556%	11.689%	7.876%
W.A. Margin*	6.084%	6.084%	0.000%	5.829%	0.000%	5.865%
W.A. Maximum Rate*	14.994%	14.994%	0.000%	13.720%	0.000%	14.530%
W.A. Initial Rate Adjustment Cap*	2.518%	2.518%	0.000%	2.145%	0.000%	2.661%
W.A. Periodic Rate Adjustment Cap*	1.261%	1.261%	0.000%	1.073%	0.000%	1.330%
W.A. Original LTV	81.92%	82.38%	80.32%	82.42%	99.98%	80.94%
W.A. Combined LTV	88.11%	88.96%	85.17%	92.03%	99.98%	99.68%
W.A. Original Term	359	360	354	359	360	360
W.A. Remaining Term	355	357	351	357	357	356
W.A. FICO	612	611	616	660	651	648
W.A. DTI Ratio	42.36%	42.69%	41.23%	42.00%	42.21%	43.53%
Owner Occupied Percentage	94.23%	94.02%	94.96%	98.72%	100.00%	97.87%
Prepayment Penalty Percentage	62.35%	61.65%	64.75%	70.49%	0.00%	69.20%
First Lien Percentage	99.19%	100.00%	96.36%	100.00%	0.00%	100.00%
Second Lien Percentage	0.81%	0.00%	3.64%	0.00%	100.00%	0.00%
Silent Second Percentage	33.04%	35.31%	25.17%	48.72%	0.00%	100.00%
Balloon Loan Percentage	21.47%	24.77%	10.04%	0.00%	0.00%	42.27%
W.A. CLTV of Silent Seconds	99.68%	99.74%	99.38%	99.97%	0.00%	99.68%
Non-Full Doc Percentage	36.26%	39.99%	23.27%	45.44%	66.63%	40.50%
Top 5 States by Balance	CA (25.58%) FL (12.31%) AZ (6.61%) TX (6.24%) NJ (4.65%)	CA (29.14%) FL (12.14%) AZ (7.49%) IL (4.98%) NJ (4.70%)	TX (14.31%) CA (13.20%) FL (12.91%) NY (6.83%) MD (4.68%)	CA (51.19%) AZ (7.07%) FL (6.99%) MD (5.05%) NY (4.97%)	CA (48.09%) TX (7.11%) FL (7.09%) NV (5.91%) AZ (5.25%)	CA (28.52%) FL (11.69%) TX (8.63%) AZ (6.69%) IL (3.77%)
Conforming By Balance Percentage	80.25%	77.46%	89.95%	62.14%	47.80%	81.17%

* Percentages relate to adjustable rate loans only.

ABSC MO 2006-HE6 Collateral Summary (Cont’d)

Characteristics	Balloon Collateral Summary	40 Yr. Amort. Collateral Summary	Group I Collateral Summary	Group II Collateral Summary	Ameriquest /Argent Collateral Summary	Nationstar Collateral Summary
Current Balance	$219,233,500.26	$343,128,619.40	$256,400,807.38	$764,500,057.37	$503,053,444.45	$517,847,420.30
Number of Loans	870	1,294	1,453	3,732	2,298	2,887
Average Current Balance	$251,992.53	$265,168.95	$176,463.05	$204,849.96	$218,909.24	$179,372.16
Interest Only Percentage	0.00%	0.00%	12.54%	8.72%	16.91%	2.65%
Fixed Rate Percentage	10.45%	12.33%	24.99%	21.46%	24.57%	20.19%
Adjustable Rate Percentage	89.55%	87.67%	75.01%	78.54%	75.43%	79.81%
W.A. Coupon	7.881%	8.132%	8.463%	8.517%	8.503%	8.503%
W.A. Margin*	5.940%	5.932%	5.767%	6.185%	5.849%	6.299%
W.A. Maximum Rate*	14.872%	14.815%	14.557%	15.134%	14.586%	15.368%
W.A. Initial Rate Adjustment Cap*	2.999%	2.652%	2.000%	2.684%	2.000%	2.994%
W.A. Periodic Rate Adjustment Cap*	1.500%	1.326%	1.000%	1.344%	1.000%	1.500%
W.A. Original LTV	83.95%	84.37%	81.46%	82.07%	83.07%	80.80%
W.A. Combined LTV	96.53%	93.48%	82.93%	89.85%	87.27%	88.92%
W.A. Original Term	360	360	358	359	359	358
W.A. Remaining Term	356	357	356	355	357	354
W.A. FICO	640	631	608	614	621	604
W.A. DTI Ratio	45.32%	44.50%	41.07%	42.80%	41.54%	43.16%
Owner Occupied Percentage	99.93%	97.38%	82.43%	98.18%	89.23%	99.08%
Prepayment Penalty Percentage	70.28%	66.23%	58.20%	63.73%	59.13%	65.47%
First Lien Percentage	100.00%	100.00%	99.05%	99.23%	98.35%	100.00%
Second Lien Percentage	0.00%	0.00%	0.95%	0.77%	1.65%	0.00%
Silent Second Percentage	65.04%	48.48%	10.18%	40.71%	23.65%	42.18%
Balloon Loan Percentage	100.00%	63.89%	0.00%	28.68%	0.00%	42.34%
W.A. CLTV of Silent Seconds	99.6	99.62	99.58	99.69	99.66	99.69
Non-Full Doc Percentage	36.49	42.37	37.47	35.85	44.25	28.49
Top 5 States by Balance	CA (35.82%) FL (15.24%) AZ (9.25%) VA (5.29%) NJ (3.98%)	CA (37.86%) FL (11.90%) AZ (7.74%) NJ (5.39%) MD (3.39%)	CA (15.68%) FL (10.87%) IL (9.78%) AZ (7.49%) MD (7.46%)	CA (28.90%) FL (12.79%) TX (7.08%) AZ (6.31%) NJ(3.94%)	CA (28.69%) FL (9.22%) IL (8.19%) AZ (6.01%) NJ (5.99%)	CA (22.55%) FL (15.31%) TX (9.02%) AZ (7.18%) VA (5.07%)
Conforming By Balance Percentage	75.87%	72.31%	100.00%	73.63%	74.79%	85.56%

* Percentages relate to adjustable rate loans only.

Twelve sets of tables follow.  

The first set of tables is the Aggregate Collateral.

The second set of tables is the Adjustable Rate Collateral.

The third set of tables is the Fixed Rate Collateral.

The fourth set of tables is the Interest Only Collateral.

The fifth set of tables is the Second Lien Collateral.

The sixth set of tables is the Silent Second Collateral.

The seventh set of tables is the Balloon Collateral.

The eighth set of tables is the 40 Year Amortization Collateral.

The ninth set of tables is the Group I Collateral.*

The tenth set of tables is the Group II Collateral.*

The eleventh set of tables is the Ameriquest/Argent Collateral.

The twelfth set of tables is the Nationstar Collateral.

*There will be two loan groups in the transaction (“Group I” and “Group II”).  Group I will consist of mortgage loans that have original principal balances that conform to Fannie Mae or Freddie Mac guidelines.  Group II will consist of mortgage loans that have original principal balances that may or may not conform to Fannie Mae or Freddie Mac guidelines.

AGGREGATE COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% of Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,600.00	0.02%	622	99.97%	10.396%	100.00%
25,001 - 50,000	69	2,763,934.00	0.27	625	91.37	10.598	93.27
50,001 - 75,000	508	32,813,252.70	3.21	579	74.84	9.753	85.80
75,001 - 100,000	599	53,057,128.74	5.19	590	79.81	9.243	89.14
100,001 - 125,000	659	74,387,230.12	7.27	593	80.10	8.989	93.94
125,001 - 150,000	588	80,800,254.55	7.90	603	80.75	8.772	93.35
150,001 - 175,000	470	76,416,017.69	7.47	600	80.35	8.704	94.47
175,001 - 200,000	410	76,853,853.62	7.52	605	80.68	8.470	93.91
200,001 - 250,000	573	128,171,111.20	12.53	610	81.34	8.263	94.89
250,001 - 300,000	394	108,576,022.51	10.62	616	82.10	8.315	94.41
300,001 - 400,000	453	156,548,014.92	15.31	623	83.15	8.201	94.76
400,001 - 500,000	273	121,765,691.35	11.91	629	84.97	8.477	93.40
500,001 - 600,000	111	60,626,741.85	5.93	633	85.49	8.108	100.00
600,001 - 700,000	45	28,888,872.15	2.83	632	84.06	8.115	100.00
700,001 or greater	23	20,612,002.50	2.02	627	80.42	7.532	96.18
Total:	5,185	$1,022,509,727.90	100.00%	612	81.92%	8.503%	94.23%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance($)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,388.49	0.02%	622	99.97%	10.396%	100.00%
25,001 - 50,000	73	2,939,321.84	0.29	622	90.25	10.526	93.68
50,001 - 75,000	505	32,592,737.42	3.19	579	74.86	9.751	85.76
75,001 - 100,000	601	53,165,584.24	5.21	589	79.78	9.245	89.19
100,001 - 125,000	660	74,429,665.27	7.29	593	80.13	8.981	93.79
125,001 - 150,000	585	80,303,791.82	7.87	602	80.72	8.779	93.47
150,001 - 175,000	473	76,832,161.33	7.53	600	80.42	8.705	94.50
175,001 - 200,000	408	76,431,374.29	7.49	604	80.66	8.470	93.88
200,001 - 250,000	572	127,813,273.94	12.52	610	81.33	8.255	94.89
250,001 - 300,000	397	109,378,649.90	10.71	616	82.07	8.317	94.46
300,001 - 400,000	450	155,545,584.68	15.24	623	83.18	8.197	94.73
400,001 - 500,000	272	121,224,311.69	11.87	629	84.99	8.484	93.38
500,001 - 600,000	111	60,564,111.65	5.93	633	85.49	8.108	100.00
600,001 - 700,000	45	28,858,722.50	2.83	632	84.06	8.115	100.00
700,001 or greater	23	20,592,185.69	2.02	627	80.42	7.532	96.18
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

FICO SCORES OF THE LOANS

Fico Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	21	$2,919,203.12	0.29%	500	76.06%	9.656%	100.00%
501 - 525	619	95,157,521.18	9.32	513	76.94	9.719	98.06
526 - 550	749	116,893,029.35	11.45	538	73.40	9.215	96.65
551 - 575	265	52,541,216.73	5.15	562	80.75	8.850	90.82
576 - 600	621	125,227,159.18	12.27	589	83.80	8.514	93.40
601 - 625	901	185,458,122.46	18.17	613	84.20	8.318	93.76
626 - 650	949	202,126,796.43	19.80	637	84.82	8.303	93.79
651 - 675	552	115,587,619.90	11.32	662	83.37	7.956	94.81
676 - 700	246	55,904,756.82	5.48	688	84.38	7.832	90.20
701 - 725	114	30,441,433.74	2.98	714	82.34	7.802	94.26
726 - 750	73	17,031,828.71	1.67	737	81.50	7.805	90.46
751 - 775	50	12,986,657.14	1.27	761	81.13	7.904	98.64
776 - 800	23	8,005,334.12	0.78	787	81.92	7.847	88.92
801 - 825	2	620,185.87	0.06	818	87.87	8.556	91.79
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	10	$789,598.90	0.08%	577	72.82%	9.148%	91.60%
121 - 180	45	4,918,102.91	0.48	570	73.28	9.038	98.73
181 - 240	32	3,407,388.39	0.33	624	78.64	8.807	97.73
241 - 300	4	513,420.01	0.05	605	74.47	8.526	82.85
301 - 360	5,094	1,011,272,354.54	99.06	612	81.98	8.499	94.20
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	55	$5,707,701.81	0.56%	571	73.21%	9.053%	97.74%
181 - 348	39	4,438,544.19	0.43	615	78.92	8.836	96.28
349 - 360	5,091	1,010,754,618.75	99.01	612	81.98	8.499	94.20
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	3,873	$745,672,492.57	73.04%	609	81.69%	8.527%	94.85%
PUD	796	169,285,928.58	16.58	621	82.80	8.287	96.90
Condominium	315	59,470,141.12	5.83	623	82.32	8.482	91.48
2 to 4 Family	144	35,946,390.41	3.52	618	82.22	9.024	71.85
Townhome	54	9,646,763.91	0.94	588	81.17	8.674	99.38
Manuf. Housing	3	879,148.16	0.09	688	72.83	7.809	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	4,817	$961,960,631.45	94.23%	611	81.97%	8.455%	100.00%
Investor Owned	325	50,734,021.07	4.97	625	81.47	9.334	0.00
Second Home	43	8,206,212.23	0.80	620	79.08	8.987	0.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	2,747	$531,319,736.41	52.04%	589	79.57%	8.656%	92.43%
Purchase	1,831	373,800,410.77	36.61	645	85.10	8.370	95.74
Refi - Rate/Term	607	115,780,717.57	11.34	612	82.41	8.230	97.60
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan to Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	125	$12,417,409.72	1.22%	547	39.05%	9.537%	84.28%
50.01 - 60.00	129	18,520,780.92	1.81	556	56.41	8.896	88.66
60.01 - 70.00	491	93,722,331.02	9.18	576	66.17	8.500	93.03
70.01 - 80.00	2,326	461,709,596.08	45.23	630	78.72	8.025	97.06
80.01 - 90.00	1,186	235,851,011.82	23.10	588	86.91	8.763	87.61
90.01 - 100.00	928	198,679,735.19	19.46	627	95.92	9.206	97.20
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan to Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	125	$12,417,409.72	1.22%	547	39.05%	9.537%	84.28%
50.01 - 60.00	129	18,520,780.92	1.81	556	56.41	8.896	88.66
60.01 - 70.00	486	92,480,721.26	9.06	576	66.14	8.503	92.94
70.01 - 75.00	365	64,543,199.36	6.32	588	73.06	8.407	90.44
75.01 - 80.00	533	90,033,347.94	8.82	585	78.44	8.654	92.52
80.01 - 85.00	445	86,884,538.09	8.51	567	83.34	8.819	92.31
85.01 - 90.00	607	133,426,360.33	13.07	599	88.73	8.719	86.93
90.01 - 95.00	492	114,897,010.30	11.25	625	91.91	8.630	95.28
95.01 - 100.00	2,003	407,697,496.83	39.94	645	84.78	8.262	98.55
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	739	$261,105,445.59	25.58%	631	82.29%	8.186%	95.34%
Florida	645	125,666,207.35	12.31	604	81.06	8.404	96.12
Arizona	344	67,435,976.27	6.61	611	80.87	8.434	91.39
Texas	568	63,664,378.42	6.24	603	79.99	8.835	96.08
New Jersey	173	47,465,654.81	4.65	599	80.99	8.735	95.96
Illinois	240	46,540,011.82	4.56	617	85.42	8.768	86.51
Maryland	197	42,621,291.41	4.17	600	81.17	8.149	94.82
New York	142	37,343,221.61	3.66	617	80.27	8.585	94.15
Virginia	137	26,271,337.36	2.57	596	81.34	8.504	98.66
Colorado	116	21,052,302.84	2.06	624	83.23	8.018	94.52
Other	1,884	281,735,037.27	27.60	604	82.51	8.779	93.08
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%
Number of States Represented:  50

AGGREGATE COLLATERAL

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc	3,589	$650,763,274.79	63.74%	600	81.22%	8.325%	96.23%
Stated Income	1,296	299,194,038.56	29.31	639	83.34	8.883	90.31
Limited Doc	300	70,943,551.40	6.95	610	82.35	8.537	92.37
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.04%	698	80.00%	5.500%	100.00%
5.501 - 6.000	17	3,911,926.48	0.38	656	80.42	5.934	100.00
6.001 - 6.500	96	27,751,740.31	2.72	660	80.02	6.374	97.69
6.501 - 7.000	335	92,594,830.50	9.07	644	79.84	6.848	98.84
7.001 - 7.500	506	120,861,174.91	11.84	637	79.95	7.310	99.14
7.501 - 8.000	808	179,323,492.50	17.57	629	80.60	7.796	96.50
8.001 - 8.500	691	135,998,282.57	13.32	619	81.43	8.279	95.71
8.501 - 9.000	796	155,335,533.08	15.22	605	83.32	8.786	92.58
9.001 - 9.500	458	81,332,297.78	7.97	586	82.37	9.262	88.04
9.501 - 10.000	557	93,722,955.85	9.18	578	84.32	9.780	91.33
10.001 - 10.500	380	56,797,181.53	5.56	565	81.69	10.278	89.89
10.501 - 11.000	244	39,613,022.07	3.88	582	87.53	10.758	90.58
11.001 - 11.500	88	11,696,464.61	1.15	581	86.35	11.256	76.88
11.501 - 12.000	92	10,936,489.51	1.07	576	83.00	11.756	83.62
12.001 - 12.500	75	6,470,261.45	0.63	567	83.64	12.254	95.45
12.501 - 13.000	38	3,894,491.86	0.38	589	88.91	12.682	88.77
13.001 - 13.500	3	292,719.74	0.03	587	91.93	13.066	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	2	$617,182.88	0.08%	657	85.13%	6.945%	100.00%
11.501 - 12.000	7	1,582,163.87	0.20	658	79.09	5.885	100.00
12.001 - 12.500	23	8,741,644.89	1.10	667	77.52	6.340	100.00
12.501 - 13.000	104	33,375,087.65	4.21	644	76.93	6.786	97.79
13.001 - 13.500	206	60,944,465.03	7.69	644	80.54	7.093	99.35
13.501 - 14.000	391	99,500,161.86	12.55	634	80.38	7.421	95.57
14.001 - 14.500	395	92,145,881.52	11.62	629	81.32	7.798	95.62
14.501 - 15.000	581	129,253,974.76	16.31	615	82.72	8.244	93.36
15.001 - 15.500	463	94,772,304.19	11.96	606	83.06	8.612	91.49
15.501 - 16.000	514	108,665,543.29	13.71	600	86.39	9.150	93.03
16.001 - 16.500	292	52,563,819.11	6.63	588	84.43	9.661	90.41
16.501 - 17.000	324	57,236,786.07	7.22	575	84.41	10.141	93.74
17.001 - 17.500	235	34,713,965.45	4.38	548	78.59	10.447	93.65
17.501 - 18.000	94	16,193,368.99	2.04	568	82.25	10.971	87.90
18.001 - 18.500	9	1,488,978.56	0.19	565	83.44	11.745	87.06
18.501 - 19.000	4	859,663.84	0.11	592	83.10	12.522	32.30
19.001 - 19.500	1	68,345.20	0.01	515	80.49	12.490	0.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

AGGREGATE COLLATERAL

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	3	$617,511.59	0.08%	660	88.67%	7.348%	86.61%
3.001 - 3.500	8	1,658,252.95	0.21	647	75.78	6.902	89.88
3.501 - 4.000	7	2,015,027.44	0.25	675	80.47	7.044	100.00
4.001 - 4.500	224	50,521,835.51	6.37	627	83.89	7.901	89.18
4.501 - 5.000	135	35,244,609.91	4.45	625	80.59	7.037	99.07
5.001 - 5.500	213	48,811,758.33	6.16	628	80.92	7.437	98.84
5.501 - 6.000	1,670	405,737,299.59	51.18	618	83.33	8.458	90.80
6.001 - 6.500	368	74,992,646.45	9.46	616	82.45	8.241	98.99
6.501 - 7.000	306	57,668,232.72	7.27	603	82.17	8.682	98.84
7.001 - 7.500	258	42,956,439.58	5.42	577	80.49	9.264	99.09
7.501 - 8.000	331	52,038,596.96	6.56	555	77.67	9.920	99.03
8.001 - 8.500	101	17,448,566.22	2.20	578	83.16	10.382	95.39
8.501 - 9.000	17	2,441,683.72	0.31	567	84.11	10.578	91.24
9.001 - 9.500	2	417,956.57	0.05	509	84.99	10.899	100.00
9.501 - 10.000	2	152,919.62	0.02	529	71.46	12.180	0.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

AGGREGATE COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2006-07	1	$151,528.31	0.02%	534	80.49%	11.680%	100.00%
2006-12	2	504,901.80	0.06	524	87.52	8.388	100.00
2007-11	1	69,375.23	0.01	541	70.49	10.550	100.00
2008-01	1	49,729.86	0.01	582	80.65	9.270	100.00
2008-03	7	1,197,212.48	0.15	576	82.13	9.245	100.00
2008-04	89	16,187,722.02	2.04	604	80.57	8.488	97.51
2008-05	444	87,638,345.29	11.06	599	79.57	8.189	98.57
2008-06	498	100,142,177.53	12.63	607	80.99	8.218	99.06
2008-07	507	101,110,060.34	12.75	608	81.47	8.521	97.97
2008-08	419	87,275,144.17	11.01	604	82.46	8.507	98.75
2008-09	778	195,297,200.66	24.64	622	84.01	8.685	87.31
2008-10	159	38,890,791.84	4.91	618	81.65	8.661	89.82
2009-03	1	123,547.13	0.02	637	100.00	9.990	100.00
2009-04	10	1,666,994.28	0.21	586	80.36	8.606	100.00
2009-05	46	7,091,864.64	0.89	593	81.53	8.723	100.00
2009-06	38	5,779,416.38	0.73	595	82.81	8.591	97.55
2009-07	37	6,227,593.98	0.79	605	85.40	8.864	94.03
2009-08	39	9,157,184.49	1.16	590	89.51	8.923	91.78
2009-09	484	112,423,831.85	14.18	617	83.45	8.376	90.30
2009-10	84	21,738,714.88	2.74	614	82.69	8.263	96.39
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	2,078	$384,418,170.98	37.65%	608	82.22%	8.883%	93.35%
12	182	48,492,734.81	4.75	633	80.95	8.440	93.22
24	1,197	264,981,370.37	25.96	622	83.10	8.175	93.54
30	1	171,953.56	0.02	594	75.00	8.350	100.00
36	1,727	322,836,635.03	31.62	606	80.74	8.330	95.98
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	1,776	$310,855,864.77	30.45%	582	79.85%	8.947%	91.28%
ARM - 2/28 - 2Yr IO	1	108,799.99	0.01	612	80.00	9.700	100.00
ARM - 2/28 40Yr Ball.	739	189,427,275.42	18.55	639	83.85	7.866	99.92
ARM - 2/28 40Yr Dual	218	69,859,178.32	6.84	615	86.59	8.832	90.61
ARM - 2/28 - 5Yr IO	169	57,606,640.92	5.64	667	82.47	7.601	98.86
ARM - 3/12	1	63,685.31	0.01	575	65.98	9.875	100.00
ARM - 3/17 - 5Yr IO	2	662,499.99	0.06	735	76.25	8.102	100.00
ARM - 3/27	487	93,183,028.73	9.13	600	83.15	8.736	88.45
ARM - 3/27 40Yr Ball.	33	6,897,622.11	0.68	637	87.24	8.198	100.00
ARM - 3/27 40Yr Dual	122	34,625,852.97	3.39	615	84.92	8.456	95.41
ARM - 3/27 - 5Yr IO	94	28,776,458.52	2.82	645	83.00	7.502	97.88
ARM - 6 Month	3	656,430.11	0.06	526	85.90	9.148	100.00
Balloon – 40/30	98	22,908,602.73	2.24	643	83.79	7.907	100.00
Fixed - 10Yr	10	789,598.90	0.08	577	72.82	9.148	91.60
Fixed - 12Yr	1	58,573.72	0.01	544	74.07	8.970	100.00
Fixed - 15Yr	43	4,795,843.88	0.47	570	73.36	9.027	98.69
Fixed - 17Yr	1	62,899.43	0.01	529	68.82	8.520	100.00
Fixed - 20Yr	29	2,681,988.97	0.26	599	79.45	8.988	97.12
Fixed - 25Yr	4	513,420.01	0.05	605	74.47	8.526	82.85
Fixed - 28Yr	2	448,360.56	0.04	566	87.50	9.148	100.00
Fixed - 30Yr	1,230	164,828,196.45	16.15	611	80.07	8.843	93.61
Fixed -30Yr-40Yr Dual	84	19,410,087.85	1.90	617	80.06	7.870	96.56
Fixed - 30Yr - 5Yr IO	38	11,679,955.09	1.14	656	81.14	7.421	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	1,975	$444,688,620.67	43.56%	622	83.80%	8.524%	89.07%
2	33	5,821,825.14	0.57	594	79.63	8.537	82.00
2A	36	6,142,337.03	0.60	598	79.98	8.635	89.31
3	11	2,468,015.06	0.24	560	75.68	8.852	91.47
3A	25	4,460,828.24	0.44	611	80.82	8.056	100.00
4	24	5,131,430.29	0.50	576	68.34	9.079	100.00
4A	35	6,361,938.88	0.62	629	81.32	8.123	94.33
5	3	455,509.52	0.04	561	67.65	10.212	100.00
5A	43	8,537,503.14	0.84	649	76.68	7.681	91.13
6A	24	4,791,505.36	0.47	668	77.02	7.090	92.56
7A	6	882,765.15	0.09	686	87.52	7.431	80.66
8A	11	1,130,047.67	0.11	733	82.79	6.815	34.03
A	50	8,920,317.69	0.87	569	78.08	8.827	89.92
A1	778	156,372,670.41	15.32	630	83.98	8.195	99.81
A2	432	68,130,096.41	6.67	558	75.09	8.850	94.96
A+	946	189,117,084.42	18.52	645	83.62	7.837	100.00
B	512	75,331,125.20	7.38	519	75.88	9.733	98.42
C	14	1,965,581.23	0.19	543	70.18	9.524	89.03
C1	124	17,641,309.04	1.73	524	74.37	10.232	100.00
C2	87	10,641,717.33	1.04	525	67.75	10.584	100.00
D	16	1,908,636.87	0.19	527	66.42	11.909	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

AGGREGATE COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	5,060	$1,012,602,838.02	99.19%	612	81.77%	8.477%	94.18%
Second Lien	125	8,298,026.73	0.81	651	99.98	11.689	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	6	$1,098,239.91	0.11%	614	84.30%	8.936%	25.91%
5.01 - 10.00	17	3,815,390.48	0.37	623	82.82	8.519	66.40
10.01 - 15.00	31	4,649,819.77	0.46	610	80.49	8.785	62.68
15.01 - 20.00	96	14,537,760.21	1.42	614	77.36	8.792	81.33
20.01 - 25.00	165	22,788,495.25	2.23	599	76.32	8.667	87.34
25.01 - 30.00	339	52,864,135.22	5.18	596	78.50	8.683	88.16
30.01 - 35.00	495	85,314,237.94	8.36	603	80.35	8.631	92.73
35.01 - 40.00	765	135,668,994.20	13.29	607	81.77	8.529	93.76
40.01 - 45.00	1,129	232,240,807.01	22.75	620	82.62	8.513	94.98
45.01 - 50.00	1,602	348,974,738.92	34.18	613	83.83	8.544	95.95
50.01 - 55.00	502	108,704,046.16	10.65	613	79.11	8.152	97.41
55.01 - 60.00	38	10,244,199.68	1.00	623	82.48	7.336	100.00
Total:	5,185	$1,020,900,864.75	100.00%	612	81.92%	8.503%	94.23%

ADJUSTABLE RATE COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% of Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	7	$350,000.00	0.04%	598	72.56%	9.038%	85.71%
50,001 - 75,000	227	14,786,276.71	1.86	579	74.72	9.398	76.08
75,001 - 100,000	339	30,284,996.38	3.81	583	79.53	9.168	86.80
100,001 - 125,000	437	49,376,084.73	6.22	589	80.40	8.893	93.16
125,001 - 150,000	411	56,659,654.10	7.14	597	80.64	8.776	92.24
150,001 - 175,000	343	55,804,217.75	7.03	596	80.37	8.677	94.13
175,001 - 200,000	326	61,137,002.62	7.70	603	80.85	8.519	93.56
200,001 - 250,000	460	103,084,803.10	12.99	609	81.60	8.310	95.21
250,001 - 300,000	324	89,260,924.06	11.24	615	82.55	8.335	93.81
300,001 - 400,000	369	127,143,770.52	16.02	621	83.44	8.294	94.09
400,001 - 500,000	246	109,638,634.85	13.81	628	85.39	8.516	94.37
500,001 - 600,000	93	50,744,581.45	6.39	631	86.42	8.198	100.00
600,001 - 700,000	43	27,569,499.15	3.47	631	83.99	8.137	100.00
700,001 or greater	20	18,031,602.50	2.27	612	79.86	7.647	95.64
Total:	3,645	$793,872,047.92	100.00%	611	82.38%	8.475%	94.02%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance($)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	9	$449,171.68	0.06%	587	71.78%	9.098%	88.88%
50,001 - 75,000	225	14,655,530.52	1.85	579	74.76	9.399	75.92
75,001 - 100,000	342	30,522,719.32	3.85	582	79.48	9.168	86.92
100,001 - 125,000	436	49,220,214.64	6.21	590	80.45	8.887	92.90
125,001 - 150,000	409	56,309,178.70	7.10	597	80.62	8.779	92.43
150,001 - 175,000	345	56,061,119.26	7.07	596	80.39	8.674	94.17
175,001 - 200,000	326	61,090,612.73	7.71	602	80.86	8.528	93.57
200,001 - 250,000	459	102,768,733.25	12.96	609	81.58	8.300	95.20
250,001 - 300,000	327	90,092,422.56	11.36	614	82.51	8.337	93.88
300,001 - 400,000	366	126,183,367.55	15.92	621	83.47	8.291	94.05
400,001 - 500,000	245	109,115,743.15	13.76	628	85.41	8.524	94.35
500,001 - 600,000	93	50,699,257.27	6.40	631	86.42	8.198	100.00
600,001 - 700,000	43	27,540,227.17	3.47	631	83.99	8.137	100.00
700,001 or greater	20	18,015,039.36	2.27	612	79.86	7.647	95.64
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

FICO SCORES OF THE LOANS

Fico Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	17	$2,567,615.88	0.32%	500	76.25%	9.523%	100.00%
501 - 525	434	74,923,175.72	9.45	513	77.98	9.501	97.97
526 - 550	519	90,446,331.75	11.41	538	73.62	9.054	96.91
551 - 575	200	44,038,873.17	5.56	562	81.80	8.924	90.58
576 - 600	478	103,271,201.90	13.03	589	84.29	8.516	93.51
601 - 625	653	146,861,534.61	18.53	613	84.62	8.311	93.44
626 - 650	635	150,519,644.56	18.99	637	85.67	8.322	93.16
651 - 675	348	80,099,276.85	10.10	662	83.40	7.941	94.48
676 - 700	168	43,586,687.83	5.50	688	84.68	7.813	88.71
701 - 725	83	24,814,498.28	3.13	713	82.18	7.747	94.35
726 - 750	52	14,102,195.47	1.78	736	81.07	7.738	92.23
751 - 775	38	10,530,746.02	1.33	761	81.00	7.942	99.18
776 - 800	19	6,392,293.31	0.81	786	81.04	8.008	93.39
801 - 825	1	569,261.81	0.07	819	90.49	8.650	100.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
121 - 180	1	$63,685.31	0.01%	575	65.98%	9.875%	100.00%
181 - 240	2	662,499.99	0.08	735	76.25	8.102	100.00
301 - 360	3,642	791,997,151.86	99.91	611	82.39	8.475	94.01
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	1	$63,685.31	0.01%	575	65.98%	9.875%	100.00%
181 - 348	3	731,875.22	0.09	717	75.71	8.334	100.00
349 - 360	3,641	791,927,776.63	99.90	611	82.39	8.475	94.01
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	2,673	$574,219,388.52	72.44%	609	82.19%	8.489%	94.64%
PUD	577	132,001,103.36	16.65	619	83.02	8.299	96.43
Condominium	249	51,299,240.64	6.47	621	82.20	8.418	90.79
2 to 4 Family	100	26,197,564.97	3.30	614	84.16	9.190	72.65
Townhome	44	8,245,653.04	1.04	593	81.72	8.473	99.27
Manuf. Housing	2	760,386.63	0.10	696	72.95	7.649	100.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	3,361	$745,280,802.26	94.02%	610	82.36%	8.417%	100.00%
Investor Owned	257	41,194,716.43	5.20	623	82.97	9.457	0.00
Second Home	27	6,247,818.47	0.79	624	80.79	8.952	0.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	1,798	$388,276,467.19	48.98%	585	80.12%	8.662%	92.22%
Purchase	1,438	318,411,996.25	40.17	644	85.16	8.323	95.18
Refi - Rate/Term	409	86,034,873.72	10.85	608	82.28	8.195	97.83
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan to Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	77	$8,455,139.97	1.07%	547	39.25%	9.418%	84.58%
50.01 - 60.00	79	13,017,040.80	1.64	552	56.67	8.704	94.25
60.01 - 70.00	340	70,319,059.60	8.87	575	65.99	8.448	93.62
70.01 - 80.00	1,618	349,245,728.35	44.06	631	78.87	7.968	97.12
80.01 - 90.00	906	191,970,179.81	24.22	585	86.99	8.753	86.74
90.01 - 100.00	625	159,716,188.63	20.15	624	96.09	9.195	96.63
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan to Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	77	$8,455,139.97	1.07%	547	39.25%	9.418%	84.58%
50.01 - 60.00	79	13,017,040.80	1.64	552	56.67	8.704	94.25
60.01 - 70.00	336	69,457,921.05	8.76	575	65.96	8.448	93.54
70.01 - 75.00	208	41,528,332.04	5.24	579	72.93	8.473	87.64
75.01 - 80.00	290	56,382,789.65	7.11	573	78.27	8.665	92.41
80.01 - 85.00	324	68,293,033.59	8.61	563	83.43	8.734	91.77
85.01 - 90.00	459	107,933,764.03	13.62	594	88.79	8.765	86.36
90.01 - 95.00	345	88,702,665.68	11.19	621	91.99	8.733	94.10
95.01 - 100.00	1,527	338,952,650.35	42.76	645	84.88	8.205	98.26
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	619	$230,988,219.46	29.14%	629	82.42%	8.161%	95.62%
Florida	467	96,216,495.47	12.14	603	81.62	8.381	96.66
Arizona	296	59,392,081.57	7.49	610	81.02	8.421	90.22
Illinois	189	39,440,416.88	4.98	619	85.75	8.793	84.40
New Jersey	128	37,239,416.63	4.70	598	82.29	8.791	94.86
Maryland	140	31,946,913.33	4.03	596	81.39	8.155	94.25
Texas	251	31,015,998.03	3.91	604	80.96	8.639	96.88
New York	76	21,768,616.75	2.75	602	82.66	8.796	96.84
Virginia	104	20,384,034.11	2.57	595	80.99	8.399	99.34
Nevada	70	18,016,825.66	2.27	615	81.16	8.074	96.94
Other	1,305	206,314,319.27	26.03	602	83.03	8.803	92.22
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%
Number of States Represented:  49

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc	2,394	$475,676,792.00	60.01%	597	81.54%	8.266%	96.05%
Stated Income	1,025	259,038,257.56	32.68	638	83.84	8.849	90.71
Limited Doc	226	58,008,287.60	7.32	609	82.74	8.520	92.06
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.05%	698	80.00%	5.500%	100.00%
5.501 - 6.000	16	3,516,926.48	0.44	651	79.59	5.926	100.00
6.001 - 6.500	75	23,243,656.02	2.93	654	80.42	6.372	100.00
6.501 - 7.000	245	70,603,880.42	8.91	640	79.71	6.830	98.96
7.001 - 7.500	359	91,796,730.15	11.58	637	80.10	7.309	99.33
7.501 - 8.000	571	131,713,295.43	16.62	628	80.47	7.798	96.54
8.001 - 8.500	515	110,429,076.92	13.93	619	82.14	8.279	96.40
8.501 - 9.000	586	124,654,300.47	15.72	603	84.00	8.783	92.68
9.001 - 9.500	323	63,124,111.20	7.96	586	82.68	9.260	86.65
9.501 - 10.000	407	78,584,012.31	9.91	577	85.07	9.778	90.59
10.001 - 10.500	307	48,810,909.90	6.16	564	82.24	10.277	89.76
10.501 - 11.000	170	32,487,878.13	4.10	588	89.56	10.750	88.96
11.001 - 11.500	40	7,329,447.88	0.92	593	90.38	11.239	74.59
11.501 - 12.000	23	4,542,819.16	0.57	587	83.30	11.691	64.97
12.001 - 12.500	5	803,126.45	0.10	557	87.81	12.366	83.46
12.501 - 13.000	2	715,166.24	0.09	605	90.82	12.672	38.82
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	2	$617,182.88	0.08%	657	85.13%	6.945%	100.00%
11.501 - 12.000	7	1,582,163.87	0.20	658	79.09	5.885	100.00
12.001 - 12.500	23	8,741,644.89	1.10	667	77.52	6.340	100.00
12.501 - 13.000	104	33,375,087.65	4.21	644	76.93	6.786	97.79
13.001 - 13.500	206	60,944,465.03	7.69	644	80.54	7.093	99.35
13.501 - 14.000	391	99,500,161.86	12.55	634	80.38	7.421	95.57
14.001 - 14.500	395	92,145,881.52	11.62	629	81.32	7.798	95.62
14.501 - 15.000	581	129,253,974.76	16.31	615	82.72	8.244	93.36
15.001 - 15.500	463	94,772,304.19	11.96	606	83.06	8.612	91.49
15.501 - 16.000	514	108,665,543.29	13.71	600	86.39	9.150	93.03
16.001 - 16.500	292	52,563,819.11	6.63	588	84.43	9.661	90.41
16.501 - 17.000	324	57,236,786.07	7.22	575	84.41	10.141	93.74
17.001 - 17.500	235	34,713,965.45	4.38	548	78.59	10.447	93.65
17.501 - 18.000	94	16,193,368.99	2.04	568	82.25	10.971	87.90
18.001 - 18.500	9	1,488,978.56	0.19	565	83.44	11.745	87.06
18.501 - 19.000	4	859,663.84	0.11	592	83.10	12.522	32.30
19.001 - 19.500	1	68,345.20	0.01	515	80.49	12.490	0.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin(%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	3	$617,511.59	0.08%	660	88.67%	7.348%	86.61%
3.001 - 3.500	8	1,658,252.95	0.21	647	75.78	6.902	89.88
3.501 - 4.000	7	2,015,027.44	0.25	675	80.47	7.044	100.00
4.001 - 4.500	224	50,521,835.51	6.37	627	83.89	7.901	89.18
4.501 - 5.000	135	35,244,609.91	4.45	625	80.59	7.037	99.07
5.001 - 5.500	213	48,811,758.33	6.16	628	80.92	7.437	98.84
5.501 - 6.000	1,670	405,737,299.59	51.18	618	83.33	8.458	90.80
6.001 - 6.500	368	74,992,646.45	9.46	616	82.45	8.241	98.99
6.501 - 7.000	306	57,668,232.72	7.27	603	82.17	8.682	98.84
7.001 - 7.500	258	42,956,439.58	5.42	577	80.49	9.264	99.09
7.501 - 8.000	331	52,038,596.96	6.56	555	77.67	9.920	99.03
8.001 - 8.500	101	17,448,566.22	2.20	578	83.16	10.382	95.39
8.501 - 9.000	17	2,441,683.72	0.31	567	84.11	10.578	91.24
9.001 - 9.500	2	417,956.57	0.05	509	84.99	10.899	100.00
9.501 - 10.000	2	152,919.62	0.02	529	71.46	12.180	0.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2006-07	1	$151,528.31	0.02%	534	80.49%	11.680%	100.00%
2006-12	2	504,901.80	0.06	524	87.52	8.388	100.00
2007-11	1	69,375.23	0.01	541	70.49	10.550	100.00
2008-01	1	49,729.86	0.01	582	80.65	9.270	100.00
2008-03	7	1,197,212.48	0.15	576	82.13	9.245	100.00
2008-04	89	16,187,722.02	2.04	604	80.57	8.488	97.51
2008-05	444	87,638,345.29	11.06	599	79.57	8.189	98.57
2008-06	498	100,142,177.53	12.63	607	80.99	8.218	99.06
2008-07	507	101,110,060.34	12.75	608	81.47	8.521	97.97
2008-08	419	87,275,144.17	11.01	604	82.46	8.507	98.75
2008-09	778	195,297,200.66	24.64	622	84.01	8.685	87.31
2008-10	159	38,890,791.84	4.91	618	81.65	8.661	89.82
2009-03	1	123,547.13	0.02	637	100.00	9.990	100.00
2009-04	10	1,666,994.28	0.21	586	80.36	8.606	100.00
2009-05	46	7,091,864.64	0.89	593	81.53	8.723	100.00
2009-06	38	5,779,416.38	0.73	595	82.81	8.591	97.55
2009-07	37	6,227,593.98	0.79	605	85.40	8.864	94.03
2009-08	39	9,157,184.49	1.16	590	89.51	8.923	91.78
2009-09	484	112,423,831.85	14.18	617	83.45	8.376	90.30
2009-10	84	21,738,714.88	2.74	614	82.69	8.263	96.39
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	1,416	$303,974,920.07	38.35%	608	82.58%	8.825%	92.31%
12	115	33,645,320.57	4.24	631	83.28	8.511	94.52
24	1,172	260,820,791.22	32.90	623	83.10	8.170	93.48
30	1	171,953.56	0.02	594	75.00	8.350	100.00
36	941	194,110,351.74	24.49	598	80.94	8.331	97.31
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	1,776	$310,855,864.77	39.21%	582	79.85%	8.947%	91.28%
ARM - 2/28 - 2Yr IO	1	108,799.99	0.01	612	80.00	9.700	100.00
ARM - 2/28 40Yr Ball.	739	189,427,275.42	23.90	639	83.85	7.866	99.92
ARM - 2/28 40Yr Dual	218	69,859,178.32	8.81	615	86.59	8.832	90.61
ARM - 2/28 - 5Yr IO	169	57,606,640.92	7.27	667	82.47	7.601	98.86
ARM - 3/12	1	63,685.31	0.01	575	65.98	9.875	100.00
ARM - 3/17 - 5Yr IO	2	662,499.99	0.08	735	76.25	8.102	100.00
ARM - 3/27	487	93,183,028.73	11.75	600	83.15	8.736	88.45
ARM - 3/27 40Yr Ball.	33	6,897,622.11	0.87	637	87.24	8.198	100.00
ARM - 3/27 40Yr Dual	122	34,625,852.97	4.37	615	84.92	8.456	95.41
ARM - 3/27 - 5Yr IO	94	28,776,458.52	3.63	645	83.00	7.502	97.88
ARM - 6 Month	3	656,430.11	0.08	526	85.90	9.148	100.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	1,364	$345,323,509.88	43.56%	621	84.47%	8.588%	88.16%
2	22	4,019,597.04	0.51	600	81.34	8.489	86.34
2A	21	4,140,459.81	0.52	600	78.75	8.474	89.47
3	9	2,152,894.76	0.27	564	75.48	8.853	90.22
3A	14	2,355,480.29	0.30	610	77.64	7.861	100.00
4	19	4,495,465.24	0.57	573	67.64	9.215	100.00
4A	18	3,737,512.01	0.47	629	83.16	8.045	95.09
5	2	315,648.16	0.04	539	68.08	10.532	100.00
5A	8	1,766,929.54	0.22	651	71.37	7.575	100.00
6A	6	899,456.96	0.11	665	72.17	7.413	60.35
7A	2	405,663.84	0.05	684	93.20	7.796	79.62
A	42	7,893,396.28	1.00	570	77.97	8.795	89.06
A1	549	119,941,430.08	15.13	629	83.91	8.116	99.75
A2	294	52,928,933.31	6.68	559	75.39	8.660	94.86
A+	752	158,387,727.87	19.98	644	83.73	7.808	100.00
B	379	62,297,300.05	7.86	519	76.96	9.570	98.99
C	8	1,165,396.40	0.15	552	73.00	9.575	81.49
C1	81	13,016,543.28	1.64	525	73.96	9.795	100.00
C2	55	7,479,992.36	0.94	526	66.56	10.074	100.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

ADJUSTABLE RATE COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	5	$1,042,290.74	0.13%	618	84.53%	8.885%	27.30%
5.01 - 10.00	13	2,888,796.15	0.36	630	82.30	8.494	62.05
10.01 - 15.00	13	2,433,892.87	0.31	610	84.85	9.002	52.34
15.01 - 20.00	69	10,745,494.25	1.36	607	77.75	8.856	79.08
20.01 - 25.00	106	15,560,065.63	1.96	591	75.79	8.685	87.07
25.01 - 30.00	216	38,635,597.61	4.87	595	79.01	8.616	87.08
30.01 - 35.00	328	63,872,330.37	8.06	604	80.21	8.542	92.07
35.01 - 40.00	510	99,545,260.94	12.56	605	82.44	8.501	93.18
40.01 - 45.00	805	181,153,167.42	22.85	620	83.07	8.504	94.68
45.01 - 50.00	1,175	282,288,479.13	35.61	613	84.28	8.532	95.74
50.01 - 55.00	376	86,182,078.06	10.87	611	79.43	8.090	98.07
55.01 - 60.00	29	8,375,883.99	1.06	617	82.56	7.337	100.00
Total:	3,645	$792,723,337.16	100.00%	611	82.38%	8.475%	94.02%

FIXED RATE COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% of Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,600.00	0.10%	622	99.97%	10.396%	100.00%
25,001 - 50,000	62	2,413,934.00	1.06	629	94.10	10.824	94.37
50,001 - 75,000	281	18,026,975.99	7.88	579	74.94	10.044	93.80
75,001 - 100,000	260	22,772,132.36	9.96	600	80.19	9.344	92.26
100,001 - 125,000	222	25,011,145.39	10.94	601	79.50	9.177	95.48
125,001 - 150,000	177	24,140,600.45	10.56	615	81.02	8.764	95.95
150,001 - 175,000	127	20,611,799.94	9.02	609	80.29	8.775	95.37
175,001 - 200,000	84	15,716,851.00	6.87	613	80.03	8.278	95.25
200,001 - 250,000	113	25,086,308.10	10.97	615	80.31	8.071	93.62
250,001 - 300,000	70	19,315,098.45	8.45	623	80.02	8.222	97.17
300,001 - 400,000	84	29,404,244.40	12.86	631	81.90	7.796	97.68
400,001 - 500,000	27	12,127,056.50	5.30	640	81.12	8.122	84.63
500,001 - 600,000	18	9,882,160.40	4.32	643	80.72	7.645	100.00
600,001 - 700,000	2	1,319,373.00	0.58	669	85.68	7.645	100.00
700,001 or greater	3	2,580,400.00	1.13	731	84.35	6.729	100.00
Total:	1,540	$228,637,679.98	100.00%	616	80.32%	8.600%	94.96%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,388.49	0.10%	622	99.97%	10.396%	100.00%
25,001 - 50,000	64	2,490,150.16	1.09	629	93.58	10.783	94.55
50,001 - 75,000	280	17,937,206.90	7.86	580	74.95	10.039	93.80
75,001 - 100,000	259	22,642,864.92	9.92	599	80.19	9.348	92.23
100,001 - 125,000	224	25,209,450.63	11.05	601	79.51	9.164	95.52
125,001 - 150,000	176	23,994,613.12	10.52	615	80.95	8.781	95.93
150,001 - 175,000	128	20,771,042.07	9.10	610	80.50	8.787	95.41
175,001 - 200,000	82	15,340,761.56	6.72	613	79.84	8.240	95.14
200,001 - 250,000	113	25,044,540.69	10.98	615	80.31	8.071	93.62
250,001 - 300,000	70	19,286,227.34	8.45	623	80.02	8.222	97.17
300,001 - 400,000	84	29,362,217.13	12.87	631	81.90	7.796	97.68
400,001 - 500,000	27	12,108,568.54	5.31	640	81.12	8.122	84.63
500,001 - 600,000	18	9,864,854.38	4.32	643	80.72	7.645	100.00
600,001 - 700,000	2	1,318,495.33	0.58	669	85.68	7.645	100.00
700,001 or greater	3	2,577,146.33	1.13	731	84.35	6.729	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	4	$351,587.24	0.15%	500	74.70%	10.626%	100.00%
501 - 525	185	20,234,345.46	8.87	513	73.06	10.528	98.40
526 - 550	230	26,446,697.60	11.59	538	72.61	9.765	95.74
551 - 575	65	8,502,343.56	3.73	563	75.33	8.467	92.05
576 - 600	143	21,955,957.28	9.62	590	81.48	8.505	92.90
601 - 625	248	38,596,587.85	16.92	614	82.61	8.347	94.96
626 - 650	314	51,607,151.87	22.62	639	82.33	8.245	95.64
651 - 675	204	35,488,343.05	15.55	661	83.29	7.990	95.55
676 - 700	78	12,318,068.99	5.40	687	83.34	7.900	95.47
701 - 725	31	5,626,935.46	2.47	714	83.05	8.044	93.87
726 - 750	21	2,929,633.24	1.28	739	83.62	8.126	81.92
751 - 775	12	2,455,911.12	1.08	761	81.67	7.745	96.35
776 - 800	4	1,613,040.81	0.71	789	85.42	7.210	71.21
801 - 825	1	50,924.06	0.02	801	58.62	7.500	0.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	10	$789,598.90	0.35%	577	72.82%	9.148%	91.60%
121 - 180	44	4,854,417.60	2.13	569	73.37	9.027	98.71
181 - 240	30	2,744,888.40	1.20	598	79.21	8.977	97.19
241 - 300	4	513,420.01	0.23	605	74.47	8.526	82.85
301 - 360	1,452	219,275,202.68	96.10	617	80.53	8.584	94.89
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	54	$5,644,016.50	2.47%	571	73.30%	9.044%	97.71%
181 - 348	36	3,706,668.97	1.62	595	79.56	8.935	95.54
349 - 360	1,450	218,826,842.12	95.90	617	80.52	8.583	94.88
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	1,200	$171,453,104.05	75.14%	611	80.03%	8.654%	95.53%
PUD	219	37,284,825.22	16.34	629	82.02	8.247	98.56
2 to 4 Family	44	9,748,825.44	4.27	630	77.02	8.579	69.69
Condominium	66	8,170,900.48	3.58	632	83.08	8.882	95.78
Townhome	10	1,401,110.87	0.61	562	77.93	9.860	100.00
Manuf. Housing	1	118,761.53	0.05	637	72.10	8.830	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	1,456	$216,679,829.19	94.96%	615	80.62%	8.587%	100.00%
Investor Owned	68	9,539,304.64	4.18	632	75.00	8.806	0.00
Second Home	16	1,958,393.76	0.86	608	73.61	9.102	0.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	949	$143,043,269.22	62.69%	600	78.08%	8.641%	93.00%
Purchase	393	55,388,414.52	24.27	650	84.78	8.642	98.96
Refi - Rate/Term	198	29,745,843.85	13.04	626	82.81	8.329	96.94
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	48	$3,962,269.75	1.74%	549	38.63%	9.789%	83.64%
50.01 - 60.00	50	5,503,740.12	2.41	564	55.80	9.351	75.45
60.01 - 70.00	151	23,403,271.42	10.26	580	66.72	8.655	91.26
70.01 - 80.00	708	112,463,867.73	49.29	626	78.23	8.204	96.89
80.01 - 90.00	280	43,880,832.01	19.23	601	86.54	8.805	91.41
90.01 - 100.00	303	38,963,546.56	17.08	639	95.23	9.254	99.51
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	48	$3,962,269.75	1.74%	549	38.63%	9.789%	83.64%
50.01 - 60.00	50	5,503,740.12	2.41	564	55.80	9.351	75.45
60.01 - 70.00	150	23,022,800.21	10.09	579	66.69	8.669	91.11
70.01 - 75.00	157	23,014,867.32	10.09	603	73.31	8.288	95.49
75.01 - 80.00	243	33,650,558.29	14.75	604	78.72	8.634	92.71
80.01 - 85.00	121	18,591,504.50	8.15	579	83.00	9.131	94.28
85.01 - 90.00	148	25,492,596.30	11.17	617	88.48	8.525	89.39
90.01 - 95.00	147	26,194,344.62	11.48	639	91.64	8.281	99.28
95.01 - 100.00	476	68,744,846.48	30.13	646	84.32	8.542	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Texas	317	$32,648,380.39	14.31%	603	79.07%	9.021%	95.32%
California	120	30,117,226.13	13.20	643	81.28	8.379	93.16
Florida	178	29,449,711.88	12.91	607	79.24	8.481	94.37
New York	66	15,574,604.86	6.83	639	76.92	8.290	90.40
Maryland	57	10,674,378.08	4.68	612	80.53	8.130	96.52
New Jersey	45	10,226,238.18	4.48	605	76.26	8.532	100.00
Arizona	48	8,043,894.70	3.53	617	79.82	8.535	100.00
Illinois	51	7,099,594.94	3.11	606	83.56	8.629	98.24
Colorado	42	6,772,037.21	2.97	633	82.61	7.943	91.49
Pennsylvania	52	6,453,444.03	2.83	602	80.99	9.080	93.16
Other	564	71,118,017.19	31.17	611	81.69	8.722	95.44
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%
Number of States Represented:  50

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc	1,195	$175,086,482.79	76.73%	610	80.35%	8.483%	96.70%
Stated Income	271	40,155,781.00	17.60	642	80.12	9.105	87.76
Limited Doc	74	12,935,263.80	5.67	617	80.57	8.614	93.75
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.501 - 6.000	1	$395,000.00	0.17%	694	87.78%	6.000%	100.00%
6.001 - 6.500	21	4,508,084.29	1.98	692	77.97	6.383	85.76
6.501 - 7.000	90	21,990,950.08	9.64	655	80.26	6.904	98.47
7.001 - 7.500	147	29,064,444.76	12.74	638	79.49	7.314	98.54
7.501 - 8.000	237	47,610,197.07	20.87	633	80.95	7.791	96.40
8.001 - 8.500	176	25,569,205.65	11.21	620	78.38	8.277	92.72
8.501 - 9.000	210	30,681,232.61	13.45	613	80.55	8.800	92.18
9.001 - 9.500	135	18,208,186.58	7.98	588	81.29	9.269	92.87
9.501 - 10.000	150	15,138,943.54	6.63	582	80.40	9.791	95.22
10.001 - 10.500	73	7,986,271.63	3.50	567	78.34	10.283	90.63
10.501 - 11.000	74	7,125,143.94	3.12	554	78.31	10.793	97.97
11.001 - 11.500	48	4,367,016.73	1.91	562	79.60	11.283	80.73
11.501 - 12.000	69	6,393,670.35	2.80	569	82.79	11.802	96.87
12.001 - 12.500	70	5,667,135.00	2.48	569	83.04	12.238	97.15
12.501 - 13.000	36	3,179,325.62	1.39	585	88.48	12.684	100.00
13.001 - 13.500	3	292,719.74	0.13	587	91.93	13.066	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	662	$80,443,250.91	35.25%	606	80.85%	9.103%	97.28%
12	67	14,847,414.24	6.51	639	75.66	8.278	90.30
24	25	4,160,579.15	1.82	603	82.83	8.449	97.46
36	786	128,726,283.29	56.41	619	80.45	8.328	93.97
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Balloon - 40/30	98	$22,908,602.73	10.04%	643	83.79%	7.907%	100.00%
Fixed - 10Yr	10	789,598.90	0.35	577	72.82	9.148	91.60
Fixed - 12Yr	1	58,573.72	0.03	544	74.07	8.970	100.00
Fixed - 15Yr	43	4,795,843.88	2.10	570	73.36	9.027	98.69
Fixed - 17Yr	1	62,899.43	0.03	529	68.82	8.520	100.00
Fixed - 20Yr	29	2,681,988.97	1.18	599	79.45	8.988	97.12
Fixed - 25Yr	4	513,420.01	0.23	605	74.47	8.526	82.85
Fixed - 28Yr	2	448,360.56	0.20	566	87.50	9.148	100.00
Fixed - 30Yr	1,230	164,828,196.45	72.24	611	80.07	8.843	93.61
Fixed - 30Yr-40Yr Dual	84	19,410,087.85	8.51	617	80.06	7.870	96.56
Fixed - 30Yr - 5Yr IO	38	11,679,955.09	5.12	656	81.14	7.421	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	611	$99,365,110.79	43.55%	627	81.48%	8.303%	92.25%
2	11	1,802,228.10	0.79	581	75.82	8.642	72.33
2A	15	2,001,877.22	0.88	593	82.52	8.968	88.96
3	2	315,120.30	0.14	533	77.05	8.845	100.00
3A	11	2,105,347.95	0.92	612	84.38	8.273	100.00
4	5	635,965.05	0.28	597	73.33	8.117	100.00
4A	17	2,624,426.87	1.15	629	78.70	8.233	93.25
5	1	139,861.36	0.06	610	66.67	9.488	100.00
5A	35	6,770,573.60	2.97	648	78.07	7.709	88.81
6A	18	3,892,048.40	1.71	668	78.13	7.016	100.00
7A	4	477,101.31	0.21	687	82.70	7.121	81.54
8A	11	1,130,047.67	0.50	733	82.79	6.815	34.03
A	8	1,026,921.41	0.45	568	78.91	9.073	96.50
A1	229	36,431,240.33	15.97	633	84.19	8.453	100.00
A2	138	15,201,163.10	6.66	554	74.06	9.513	95.28
A+	194	30,729,356.55	13.47	646	83.05	7.986	100.00
B	133	13,033,825.15	5.71	520	70.70	10.513	95.74
C	6	800,184.83	0.35	529	66.07	9.450	100.00
C1	43	4,624,765.76	2.03	522	75.52	11.462	100.00
C2	32	3,161,724.97	1.39	524	70.56	11.788	100.00
D	16	1,908,636.87	0.84	527	66.42	11.909	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

FIXED RATE COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	1,415	$219,879,500.86	96.36%	614	79.58%	8.484%	94.77%
Second Lien	125	8,298,026.73	3.64	651	99.98	11.689	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	1	$55,949.17	0.02%	548	80.00%	9.900%	0.00%
5.01 - 10.00	4	926,594.33	0.41	601	84.44	8.597	79.95
10.01 - 15.00	18	2,215,926.90	0.97	612	75.70	8.546	74.03
15.01 - 20.00	27	3,792,265.96	1.66	634	76.24	8.609	87.71
20.01 - 25.00	59	7,228,429.62	3.17	614	77.46	8.629	87.91
25.01 - 30.00	123	14,228,537.61	6.24	601	77.12	8.865	91.11
30.01 - 35.00	167	21,441,907.57	9.40	603	80.77	8.898	94.71
35.01 - 40.00	255	36,123,733.26	15.83	612	79.91	8.607	95.34
40.01 - 45.00	324	51,087,639.59	22.39	623	81.03	8.542	96.06
45.01 - 50.00	427	66,686,259.79	29.23	616	81.95	8.594	96.86
50.01 - 55.00	126	22,521,968.10	9.87	619	77.91	8.388	94.89
55.01 - 60.00	9	1,868,315.69	0.82	647	82.16	7.332	100.00
Total:	1,540	$228,177,527.59	100.00%	616	80.32%	8.600%	94.96%

INTEREST ONLY COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% of Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
75,001 - 100,000	2	$191,455.00	0.19%	662	57.57%	7.811%	49.67%
100,001 - 125,000	9	1,036,948.19	1.05	630	81.86	7.972	100.00
125,001 - 150,000	15	2,109,391.00	2.13	667	81.16	7.665	100.00
150,001 - 175,000	21	3,414,199.00	3.45	660	80.56	7.602	100.00
175,001 - 200,000	18	3,313,744.00	3.35	624	82.44	7.520	100.00
200,001 - 250,000	39	8,758,599.00	8.86	640	81.12	7.647	97.69
250,001 - 300,000	46	12,820,254.00	12.97	647	81.98	7.581	97.72
300,001 - 400,000	66	22,542,974.00	22.81	655	82.71	7.489	97.01
400,001 - 500,000	45	19,838,972.00	20.07	662	82.25	7.638	100.00
500,001 - 600,000	30	16,230,969.00	16.42	682	85.20	7.583	100.00
600,001 - 700,000	11	6,998,100.00	7.08	678	80.08	7.314	100.00
700,001 or greater	2	1,580,400.00	1.60	671	82.22	7.118	100.00
Total:	304	$98,836,005.19	100.00%	660	82.42%	7.556%	98.72%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
75,001 - 100,000	2	$191,455.01	0.19%	662	57.57%	7.811%	49.67%
100,001 - 125,000	9	1,036,907.26	1.05	630	81.86	7.972	100.00
125,001 - 150,000	15	2,109,209.10	2.13	667	81.16	7.665	100.00
150,001 - 175,000	21	3,414,194.89	3.45	660	80.56	7.602	100.00
175,001 - 200,000	18	3,313,557.44	3.35	624	82.44	7.520	100.00
200,001 - 250,000	39	8,758,115.32	8.86	640	81.12	7.647	97.69
250,001 - 300,000	46	12,819,733.53	12.97	647	81.98	7.581	97.72
300,001 - 400,000	66	22,542,741.18	22.81	655	82.71	7.489	97.01
400,001 - 500,000	45	19,838,971.87	20.07	662	82.25	7.638	100.00
500,001 - 600,000	30	16,230,968.94	16.42	682	85.20	7.583	100.00
600,001 - 700,000	11	6,998,099.98	7.08	678	80.08	7.314	100.00
700,001 or greater	2	1,580,399.99	1.60	671	82.22	7.118	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
576 - 600	10	$2,558,802.13	2.59%	594	86.10%	8.679%	85.85%
601 - 625	93	29,231,593.47	29.58	615	82.41	7.815	100.00
626 - 650	73	22,452,289.02	22.72	637	84.00	7.570	100.00
651 - 675	45	12,189,414.52	12.33	663	81.52	7.556	94.99
676 - 700	29	10,149,715.18	10.27	691	84.14	7.162	97.12
701 - 725	27	11,959,006.45	12.10	715	80.24	7.113	100.00
726 - 750	12	4,484,626.87	4.54	736	80.00	7.317	100.00
751 - 775	10	3,413,706.88	3.45	760	80.00	7.627	100.00
776 - 800	5	2,395,199.99	2.42	787	80.00	7.309	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
181 - 240	2	$662,499.99	0.67%	735	76.25%	8.102%	100.00%
301 - 360	302	98,171,854.52	99.33	659	82.46	7.553	98.71
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
181 - 348	2	$662,499.99	0.67%	735	76.25%	8.102%	100.00%
349 - 360	302	98,171,854.52	99.33	659	82.46	7.553	98.71
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	223	$76,190,649.63	77.09%	663	82.28%	7.542%	98.88%
PUD	58	15,643,595.29	15.83	641	82.77	7.556	100.00
Condominium	14	3,861,264.50	3.91	662	81.99	7.541	89.42
2 to 4 Family	7	2,683,669.99	2.72	665	84.82	8.011	100.00
Townhome	2	455,175.10	0.46	647	83.06	7.467	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	299	$97,569,095.51	98.72%	660	82.48%	7.544%	100.00%
Second Home	5	1,265,259.00	1.28	649	78.13	8.535	0.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Purchase	150	$48,844,270.43	49.42%	684	80.83%	7.399%	100.00%
Refi - Cash Out	136	44,674,457.92	45.20	633	83.95	7.745	97.17
Refi - Rate/Term	18	5,315,626.16	5.38	660	84.22	7.417	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	1	$96,359.00	0.10%	662	35.43%	7.625%	0.00%
50.01 - 60.00	3	941,000.00	0.95	648	56.96	6.937	100.00
60.01 - 70.00	17	5,069,498.97	5.13	616	65.61	7.981	100.00
70.01 - 80.00	183	58,867,241.96	59.56	678	79.28	7.330	98.63
80.01 - 90.00	61	18,087,896.44	18.30	631	88.40	7.773	98.00
90.01 - 100.00	39	15,772,358.14	15.96	639	94.49	8.052	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	1	$96,359.00	0.10%	662	35.43%	7.625%	0.00%
50.01 - 60.00	3	941,000.00	0.95	648	56.96	6.937	100.00
60.01 - 70.00	17	5,069,498.97	5.13	616	65.61	7.981	100.00
70.01 - 75.00	19	6,015,055.16	6.09	631	73.64	7.449	95.14
75.01 - 80.00	17	5,721,184.89	5.79	649	79.32	7.399	91.01
80.01 - 85.00	11	4,015,931.00	4.06	641	84.74	7.451	100.00
85.01 - 90.00	47	13,577,097.93	13.74	628	89.52	7.861	97.33
90.01 - 95.00	37	14,880,437.65	15.06	642	93.97	7.985	100.00
95.01 - 100.00	152	48,517,789.91	49.09	685	80.50	7.348	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	123	$50,595,770.27	51.19%	674	81.51%	7.504%	98.71%
Arizona	29	6,986,650.44	7.07	639	80.24	7.610	92.64
Florida	26	6,912,012.97	6.99	651	81.55	7.694	100.00
Maryland	17	4,992,849.99	5.05	637	88.10	7.398	98.07
New York	12	4,911,649.96	4.97	652	87.82	7.585	100.00
New Jersey	10	3,571,800.00	3.61	620	80.26	7.847	100.00
Illinois	11	3,110,275.07	3.15	642	84.43	7.641	100.00
Colorado	11	2,523,039.97	2.55	661	81.74	7.644	100.00
Nevada	7	2,372,314.69	2.40	675	82.09	7.235	100.00
Washington	5	1,377,205.00	1.39	639	91.31	7.876	100.00
Other	53	11,480,786.15	11.62	644	82.79	7.624	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%
Number of States Represented:  32

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc	177	$53,924,793.68	54.56%	656	82.52%	7.281%	99.28%
Stated Income	90	33,346,042.23	33.74	664	82.24	7.987	98.31
Limited Doc	37	11,563,518.60	11.70	667	82.50	7.601	97.30
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.37%	698	80.00%	5.500%	100.00%
5.501 - 6.000	11	2,971,221.57	3.01	666	81.03	5.930	100.00
6.001 - 6.500	16	6,433,067.99	6.51	675	81.62	6.349	100.00
6.501 - 7.000	65	22,555,677.88	22.82	666	80.40	6.840	100.00
7.001 - 7.500	61	20,528,416.50	20.77	671	81.45	7.311	100.00
7.501 - 8.000	70	20,492,464.14	20.73	663	81.98	7.792	98.54
8.001 - 8.500	37	11,047,236.84	11.18	647	85.80	8.276	97.35
8.501 - 9.000	30	10,117,314.93	10.24	630	85.21	8.850	96.92
9.001 - 9.500	8	2,988,433.67	3.02	640	86.23	9.323	87.89
9.501 - 10.000	3	698,561.00	0.71	632	87.14	9.689	100.00
10.001 - 10.500	1	242,460.00	0.25	632	90.00	10.250	100.00
10.501 - 11.000	1	391,499.99	0.40	600	90.00	10.775	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$368,000.00	0.42%	698	80.00%	5.500%	100.00%
11.501 - 12.000	5	1,305,184.90	1.50	662	80.00	5.882	100.00
12.001 - 12.500	11	4,624,044.97	5.31	681	80.81	6.368	100.00
12.501 - 13.000	54	18,944,371.57	21.74	668	79.81	6.779	100.00
13.001 - 13.500	48	17,200,614.96	19.74	674	82.41	7.234	100.00
13.501 - 14.000	50	15,431,107.39	17.71	664	82.95	7.683	98.06
14.001 - 14.500	38	11,367,932.50	13.04	652	85.21	8.051	97.43
14.501 - 15.000	34	11,061,589.57	12.69	634	84.67	8.631	97.18
15.001 - 15.500	13	4,188,527.89	4.81	634	83.67	8.917	91.36
15.501 - 16.000	6	1,371,630.00	1.57	635	83.64	8.968	100.00
16.001 - 16.500	3	533,834.68	0.61	640	87.15	9.654	100.00
16.501 - 17.000	3	757,560.99	0.87	622	85.17	10.290	100.00
Total:	266	$87,154,399.42	100.00%	660	82.59%	7.574%	98.55%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$323,000.00	0.37%	680	95.00%	8.000%	100.00%
3.001 - 3.500	3	978,079.03	1.12	656	75.61	6.609	90.15
4.001 - 4.500	22	5,825,069.65	6.68	634	80.93	7.398	100.00
4.501 - 5.000	4	1,244,700.00	1.43	638	85.35	6.980	100.00
5.001 - 5.500	10	2,685,089.90	3.08	670	78.49	7.029	100.00
5.501 - 6.000	204	71,519,009.14	82.06	663	82.98	7.580	98.37
6.001 - 6.500	12	2,734,023.71	3.14	653	81.04	7.980	100.00
6.501 - 7.000	5	811,228.40	0.93	626	82.14	8.572	100.00
7.001 - 7.500	2	368,799.99	0.42	635	80.00	9.122	100.00
7.501 - 8.000	3	665,399.60	0.76	650	80.00	9.278	100.00
Total:	266	$87,154,399.42	100.00%	660	82.59%	7.574%	98.55%

INTEREST ONLY COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-03	1	$306,000.00	0.35%	582	85.00%	8.500%	100.00%
2008-04	7	2,040,865.52	2.34	649	80.00	7.867	100.00
2008-05	10	2,170,305.89	2.49	646	81.27	7.678	100.00
2008-06	16	3,748,348.11	4.30	647	83.57	7.205	100.00
2008-07	11	3,187,056.63	3.66	655	81.30	7.655	100.00
2008-08	10	4,109,003.00	4.71	636	90.95	7.937	100.00
2008-09	100	36,823,813.79	42.25	678	81.94	7.552	99.02
2008-10	15	5,330,047.97	6.12	655	80.74	7.779	94.51
2009-05	1	218,336.66	0.25	635	80.00	7.990	100.00
2009-06	4	596,611.04	0.68	646	80.00	7.349	100.00
2009-07	2	358,654.99	0.41	611	80.00	8.500	100.00
2009-08	3	983,669.99	1.13	614	91.00	8.323	100.00
2009-09	76	23,893,485.85	27.42	652	83.35	7.436	97.44
2009-10	10	3,388,199.98	3.89	625	77.93	7.737	100.00
Total:	266	$87,154,399.42	100.00%	660	82.59%	7.574%	98.55%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	93	$29,163,397.09	29.51%	642	83.17%	8.059%	96.36%
12	19	7,084,020.48	7.17	673	83.52	7.414	100.00
24	123	42,722,191.16	43.23	671	82.87	7.352	100.00
36	69	19,864,745.78	20.10	655	79.97	7.307	98.98
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28 - 2Yr IO	1	$108,799.99	0.11%	612	80.00%	9.700%	100.00%
ARM - 2/28 - 5Yr IO	169	57,606,640.92	58.29	667	82.47	7.601	98.86
ARM - 3/17 - 5Yr IO	2	662,499.99	0.67	735	76.25	8.102	100.00
ARM - 3/27 - 5Yr IO	94	28,776,458.52	29.12	645	83.00	7.502	97.88
Fixed - 30Yr - 5Yr IO	38	11,679,955.09	11.82	656	81.14	7.421	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	232	$81,323,374.49	82.28%	663	82.74%	7.544%	98.56%
3A	5	950,750.00	0.96	608	70.90	7.711	100.00
4A	7	1,731,684.66	1.75	628	86.33	8.655	100.00
5A	1	381,000.00	0.39	646	57.79	6.600	100.00
6A	2	381,359.00	0.39	661	63.66	7.345	74.73
7A	1	323,000.00	0.33	680	95.00	8.000	100.00
A1	10	1,941,104.96	1.96	620	85.09	8.438	100.00
A+	46	11,802,081.40	11.94	652	81.21	7.350	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

INTEREST ONLY COLLATERAL

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
10.01 - 15.00	2	$554,999.99	0.56%	673	88.73%	7.582%	100.00%
15.01 - 20.00	8	2,350,779.98	2.38	691	81.59	7.236	83.46
20.01 - 25.00	9	2,603,299.99	2.63	649	76.50	7.529	100.00
25.01 - 30.00	12	4,781,375.09	4.84	642	81.82	7.344	100.00
30.01 - 35.00	22	7,339,824.96	7.43	667	81.76	7.278	100.00
35.01 - 40.00	43	12,747,494.99	12.90	660	82.70	7.685	95.57
40.01 - 45.00	81	27,407,349.38	27.73	669	81.46	7.599	98.86
45.01 - 50.00	115	38,189,756.95	38.64	654	83.81	7.632	100.00
50.01 - 55.00	9	2,026,471.19	2.05	648	79.25	7.073	100.00
55.01 - 60.00	3	833,001.99	0.84	625	80.00	6.557	100.00
Total:	304	$98,834,354.51	100.00%	660	82.42%	7.556%	98.72%

SECOND LIEN COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% of Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,600.00	2.76%	622	99.97%	10.396%	100.00%
25,001 - 50,000	50	1,844,434.00	22.21	642	100.00	11.355	100.00
50,001 - 75,000	25	1,562,698.00	18.81	647	100.00	11.586	100.00
75,001 - 100,000	13	1,171,460.00	14.10	639	100.00	11.695	100.00
100,001 - 125,000	13	1,500,218.00	18.06	652	100.00	11.969	100.00
125,001 - 150,000	9	1,207,786.00	14.54	674	100.00	12.257	100.00
150,001 - 175,000	5	790,000.00	9.51	667	99.76	11.642	100.00
Total:	125	$8,306,196.00	100.00%	651	99.98%	11.689%	100.00%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,388.49	2.76%	622	99.97%	10.396%	100.00%
25,001 - 50,000	50	1,843,194.56	22.21	642	100.00	11.355	100.00
50,001 - 75,000	25	1,561,189.41	18.81	647	100.00	11.586	100.00
75,001 - 100,000	13	1,170,182.24	14.10	639	100.00	11.695	100.00
100,001 - 125,000	13	1,498,506.16	18.06	652	100.00	11.969	100.00
125,001 - 150,000	9	1,206,285.02	14.54	674	100.00	12.257	100.00
150,001 - 175,000	5	789,280.85	9.51	667	99.76	11.642	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
576 - 600	5	$258,254.39	3.11%	598	100.00%	11.194%	100.00%
601 - 625	30	1,613,036.75	19.44	615	100.00	11.685	100.00
626 - 650	43	2,961,095.52	35.68	637	100.00	11.802	100.00
651 - 675	30	1,985,747.47	23.93	662	100.00	12.021	100.00
676 - 700	10	681,808.85	8.22	687	100.00	10.829	100.00
701 - 725	3	314,715.47	3.79	719	100.00	12.086	100.00
726 - 750	3	344,090.51	4.15	739	99.45	10.432	100.00
751 - 775	1	139,277.77	1.68	757	100.00	11.950	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

SECOND LIEN COLLATERAL

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
301 - 360	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
349 - 360	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	75	$4,970,433.00	59.90%	651	99.96%	11.663%	100.00%
Condominium	20	1,208,948.77	14.57	638	100.00	11.942	100.00
PUD	21	1,125,582.87	13.56	652	100.00	11.154	100.00
2 to 4 Family	9	993,062.09	11.97	667	100.00	12.118	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

SECOND LIEN COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Purchase	123	$8,043,211.08	96.93%	652	99.98%	11.694%	100.00%
Refi - Cash Out	2	254,815.65	3.07	623	100.00	11.549	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
90.01 - 100.00	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
95.01 - 100.00	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

SECOND LIEN COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	39	$3,990,597.24	48.09%	660	99.95%	11.963%	100.00%
Texas	16	590,194.65	7.11	639	99.99	9.836	100.00
Florida	11	588,453.59	7.09	648	100.00	11.858	100.00
Nevada	6	490,040.75	5.91	634	100.00	12.098	100.00
Arizona	7	435,457.04	5.25	655	100.00	12.272	100.00
Illinois	11	408,276.55	4.92	643	100.00	11.804	100.00
Minnesota	8	374,455.39	4.51	657	100.00	9.710	100.00
New York	3	339,252.42	4.09	639	100.00	12.638	100.00
Colorado	6	277,754.74	3.35	630	100.00	11.406	100.00
Massachusetts	3	228,756.21	2.76	672	100.00	10.855	100.00
Other	15	574,788.15	6.93	623	100.00	11.848	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Number of States Represented: 20

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Stated Income	61	$4,680,048.40	56.40%	662	100.00%	12.021%	100.00%
Full Doc	51	2,768,883.96	33.37	636	99.93	11.218	100.00
Limited Doc	13	849,094.37	10.23	638	100.00	11.398	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

SECOND LIEN COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
9.001 - 9.500	1	$49,949.03	0.60%	696	100.00%	9.350%	100.00%
9.501 - 10.000	23	934,129.35	11.26	649	99.99	9.811	100.00
10.001 - 10.500	4	294,004.51	3.54	707	99.36	10.357	100.00
10.501 - 11.000	14	765,754.94	9.23	657	100.00	10.881	100.00
11.001 - 11.500	11	720,971.99	8.69	653	100.00	11.316	100.00
11.501 - 12.000	22	1,898,909.10	22.88	652	100.00	11.860	100.00
12.001 - 12.500	28	1,847,124.13	22.26	645	100.00	12.227	100.00
12.501 - 13.000	20	1,651,994.96	19.91	643	100.00	12.687	100.00
13.001 - 13.500	2	135,188.72	1.63	639	100.00	13.050	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Fixed - 30Yr	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

SECOND LIEN COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	123	$8,203,193.59	98.86%	650	99.98%	11.706%	100.00%
2A	1	21,851.92	0.26	595	100.00	10.990	100.00
8A	1	72,981.22	0.88	739	100.00	9.990	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Second Lien	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.01 - 10.00	1	$87,864.21	1.06%	646	100.00%	11.800%	100.00%
10.01 - 15.00	1	33,876.73	0.41	626	100.00	11.200	100.00
15.01 - 20.00	1	48,346.31	0.58	611	100.00	10.875	100.00
20.01 - 25.00	1	110,291.94	1.33	638	100.00	11.450	100.00
25.01 - 30.00	7	403,734.84	4.87	665	100.00	10.620	100.00
30.01 - 35.00	13	861,678.82	10.38	659	100.00	11.532	100.00
35.01 - 40.00	16	800,416.82	9.65	652	100.00	11.151	100.00
40.01 - 45.00	32	2,085,762.10	25.14	651	99.91	11.887	100.00
45.01 - 50.00	53	3,866,054.96	46.59	648	100.00	11.860	100.00
Total:	125	$8,298,026.73	100.00%	651	99.98%	11.689%	100.00%

 
SILENT SECOND COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	1	$41,900.00	0.01%	635	89.34%	8.100%	100.00%
50,001 - 75,000	83	5,337,765.00	1.58	622	85.58	8.773	80.59
75,001 - 100,000	158	14,092,366.37	4.17	629	82.32	8.357	92.23
100,001 - 125,000	236	26,843,774.80	7.94	632	81.27	8.175	97.45
125,001 - 150,000	206	28,312,492.00	8.38	638	80.92	8.068	97.10
150,001 - 175,000	142	23,031,022.12	6.82	638	80.97	8.007	97.83
175,001 - 200,000	150	28,103,793.00	8.32	635	81.27	8.038	97.28
200,001 - 250,000	200	44,507,526.00	13.17	643	80.62	7.823	100.00
250,001 - 300,000	156	42,830,085.73	12.68	645	80.53	7.901	96.79
300,001 - 400,000	150	51,499,383.20	15.24	651	80.95	7.716	98.21
400,001 - 500,000	87	38,661,355.00	11.44	668	80.39	7.701	100.00
500,001 - 600,000	41	22,232,574.00	6.58	674	81.05	7.430	100.00
600,001 - 700,000	17	10,789,800.00	3.19	691	80.00	7.413	100.00
700,001 or greater	2	1,588,640.00	0.47	658	80.00	7.034	100.00
Total:	1,629	$337,872,477.22	100.00%	648	80.94%	7.876%	97.87%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	1	$41,760.36	0.01%	635	89.34%	8.100%	100.00%
50,001 - 75,000	84	5,399,800.81	1.60	624	85.50	8.767	80.86
75,001 - 100,000	157	13,985,341.55	4.15	629	82.33	8.357	92.19
100,001 - 125,000	238	27,031,307.99	8.01	632	81.26	8.169	97.47
125,001 - 150,000	204	28,006,912.42	8.30	638	80.92	8.073	97.08
150,001 - 175,000	143	23,169,414.68	6.87	638	80.96	7.999	97.85
175,001 - 200,000	149	27,886,759.14	8.27	635	81.28	8.045	97.27
200,001 - 250,000	201	44,685,974.81	13.25	643	80.62	7.813	100.00
250,001 - 300,000	156	42,820,615.24	12.69	645	80.53	7.913	96.79
300,001 - 400,000	150	51,531,968.32	15.28	650	80.94	7.702	98.21
400,001 - 500,000	86	38,215,679.53	11.33	668	80.39	7.716	100.00
500,001 - 600,000	41	22,210,347.82	6.58	674	81.05	7.430	100.00
600,001 - 700,000	17	10,781,513.58	3.20	691	80.00	7.413	100.00
700,001 or greater	2	1,586,044.38	0.47	658	80.00	7.034	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
501 - 525	6	$801,878.68	0.24%	504	89.89%	10.148%	100.00%
526 - 550	13	2,251,483.86	0.67	538	89.70	9.528	100.00
551 - 575	18	2,879,124.07	0.85	563	88.85	9.879	82.32
576 - 600	280	48,806,566.58	14.47	590	81.45	8.039	96.32
601 - 625	381	70,739,810.72	20.97	613	81.63	7.955	96.80
626 - 650	361	76,251,556.58	22.60	638	80.59	7.863	97.31
651 - 675	264	56,116,851.71	16.63	662	80.12	7.732	100.00
676 - 700	125	28,279,212.40	8.38	689	80.42	7.626	98.03
701 - 725	75	21,660,981.35	6.42	714	80.31	7.606	100.00
726 - 750	47	11,702,478.20	3.47	735	80.22	7.680	100.00
751 - 775	42	11,893,569.30	3.53	761	80.13	7.830	100.00
776 - 800	17	5,969,927.18	1.77	786	80.41	7.873	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
181 - 240	2	$635,564.30	0.19%	749	80.00%	8.354%	100.00%
301 - 360	1,627	336,717,876.33	99.81	647	80.94	7.875	97.87
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
181 - 348	2	$635,564.30	0.19%	749	80.00%	8.354%	100.00%
349 - 360	1,627	336,717,876.33	99.81	647	80.94	7.875	97.87
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	996	$211,553,987.69	62.71%	652	81.00%	7.848%	98.13%
PUD	456	91,803,723.74	27.21	642	80.46	7.826	99.59
Condominium	131	23,336,463.23	6.92	639	80.85	7.918	97.66
2 to 4 Family	28	6,582,312.26	1.95	636	86.36	9.267	64.87
Townhome	18	4,076,953.71	1.21	626	80.83	7.993	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	1,573	$330,169,611.05	97.87%	648	80.77%	7.839%	100.00%
Investor Owned	55	7,040,440.96	2.09	615	89.11	9.609	0.00
Second Home	1	143,388.62	0.04	640	80.00	7.700	0.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Purchase	1,276	$261,865,530.78	77.62%	651	81.22%	7.885%	97.26%
Refi - Rate/Term	282	59,086,505.46	17.51	631	79.98	7.839	100.00
Refi - Cash Out	71	16,401,404.39	4.86	647	79.99	7.877	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
60.01 - 70.00	5	$1,241,609.76	0.37%	609	68.35%	8.279%	100.00%
70.01 - 80.00	1,428	307,133,048.78	91.04	652	79.99	7.761	99.79
80.01 - 90.00	140	17,799,072.35	5.28	613	89.59	8.706	69.13
90.01 - 100.00	56	11,179,709.74	3.31	600	94.89	9.687	90.75
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
80.01 - 85.00	1	$878,524.39	0.26%	669	80.00%	6.900%	100.00%
85.01 - 90.00	5	1,380,434.56	0.41	624	76.81	8.518	72.20
90.01 - 95.00	48	10,640,718.75	3.15	638	81.09	8.056	91.66
95.01 - 100.00	1,575	324,453,762.93	96.18	648	80.96	7.870	98.18
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	263	$96,204,515.80	28.52%	670	80.44%	7.566%	99.82%
Florida	182	39,437,651.46	11.69	647	80.33	7.794	99.21
Texas	225	29,117,915.84	8.63	635	80.48	8.028	100.00
Arizona	111	22,568,696.89	6.69	644	80.48	7.771	97.91
Illinois	73	12,710,428.67	3.77	633	82.83	8.444	85.51
Colorado	65	11,632,307.25	3.45	639	80.86	7.447	100.00
Virginia	48	10,727,675.70	3.18	636	80.77	7.749	100.00
Nevada	34	10,478,707.40	3.11	644	81.11	7.418	97.26
Maryland	32	8,182,245.04	2.43	635	80.85	7.861	100.00
New Jersey	34	7,989,849.15	2.37	620	81.78	8.793	93.06
Other	562	88,303,447.43	26.18	638	81.71	8.191	95.98
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%
Number of States Represented:  46

SILENT SECOND COLLATERAL

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	1,041	$200,717,507.66	59.50%	633	80.79%	7.629%	98.30%
Stated Income	516	116,249,227.57	34.46	672	81.22	8.266	96.92
Limited Doc.	72	20,386,705.40	6.04	652	80.88	8.082	99.07
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.11%	698	80.00%	5.500%	100.00%
5.501 - 6.000	14	3,154,083.92	0.93	651	80.00	5.928	100.00
6.001 - 6.500	60	18,184,775.59	5.39	658	80.25	6.376	100.00
6.501 - 7.000	181	44,922,917.02	13.32	657	80.37	6.833	100.00
7.001 - 7.500	251	59,157,841.06	17.54	656	80.33	7.301	100.00
7.501 - 8.000	389	81,634,414.24	24.20	647	80.18	7.780	99.82
8.001 - 8.500	294	52,990,745.37	15.71	647	80.29	8.266	98.22
8.501 - 9.000	239	44,219,133.22	13.11	639	81.26	8.781	97.04
9.001 - 9.500	78	12,810,842.45	3.80	640	83.01	9.269	89.61
9.501 - 10.000	58	10,527,321.78	3.12	625	87.05	9.743	91.18
10.001 - 10.500	35	5,008,782.80	1.48	609	87.80	10.247	75.84
10.501 - 11.000	18	3,336,578.31	0.99	606	88.21	10.730	75.52
11.001 - 11.500	10	978,640.58	0.29	613	92.22	11.224	54.54
11.501 - 12.000	1	59,364.29	0.02	606	90.00	11.800	0.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$368,000.00	0.13%	698	80.00%	5.500%	100.00%
11.501 - 12.000	5	1,219,321.31	0.44	659	80.00	5.878	100.00
12.001 - 12.500	12	5,063,200.25	1.81	678	80.00	6.345	100.00
12.501 - 13.000	43	13,417,133.51	4.79	682	80.00	6.690	100.00
13.001 - 13.500	92	28,669,746.62	10.24	671	80.16	6.948	100.00
13.501 - 14.000	188	43,845,919.59	15.66	660	80.37	7.202	100.00
14.001 - 14.500	207	45,770,548.34	16.35	653	80.43	7.593	97.94
14.501 - 15.000	272	57,957,077.75	20.71	638	81.02	7.973	97.73
15.001 - 15.500	205	35,087,782.64	12.54	632	81.30	8.382	96.21
15.501 - 16.000	166	29,852,131.65	10.66	625	82.77	8.952	96.43
16.001 - 16.500	65	10,705,367.86	3.82	625	83.91	9.617	88.70
16.501 - 17.000	29	5,217,877.62	1.86	624	85.74	10.203	84.34
17.001 - 17.500	17	1,980,356.70	0.71	629	86.03	10.748	77.53
17.501 - 18.000	3	757,194.46	0.27	698	80.78	10.728	92.16
Total:	1,305	$279,911,658.30	100.00%	648	81.12%	7.869%	97.43%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$211,847.75	0.08%	614	80.00%	6.490%	100.00%
3.001 - 3.500	4	1,232,588.31	0.44	642	80.00	6.930	100.00
3.501 - 4.000	4	1,078,435.98	0.39	648	81.87	7.422	100.00
4.001 - 4.500	84	17,138,361.52	6.12	642	82.30	7.022	91.70
4.501 - 5.000	88	21,741,630.36	7.77	637	80.55	6.887	100.00
5.001 - 5.500	130	28,239,579.75	10.09	640	80.41	7.351	100.00
5.501 - 6.000	553	128,101,702.93	45.77	658	81.71	7.906	95.72
6.001 - 6.500	208	39,361,063.39	14.06	635	80.17	8.030	99.64
6.501 - 7.000	137	25,135,109.93	8.98	636	80.58	8.536	100.00
7.001 - 7.500	62	10,647,389.62	3.80	632	80.45	8.974	98.71
7.501 - 8.000	26	5,610,653.54	2.00	668	80.43	9.526	100.00
8.001 - 8.500	6	1,190,949.34	0.43	666	80.00	10.373	100.00
8.501 - 9.000	2	222,345.88	0.08	634	80.00	10.314	100.00
Total:	1,305	$279,911,658.30	100.00%	648	81.12%	7.869%	97.43%

SILENT SECOND COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-03	1	$211,372.26	0.08%	592	80.00%	7.660%	100.00%
2008-04	35	6,949,404.19	2.48	646	80.19	7.687	100.00
2008-05	187	37,558,914.27	13.42	642	80.46	7.617	99.64
2008-06	253	51,358,467.20	18.35	633	80.47	7.657	99.72
2008-07	231	47,216,527.92	16.87	638	80.77	7.933	99.60
2008-08	153	32,154,893.76	11.49	637	80.67	7.915	99.20
2008-09	194	51,168,256.24	18.28	680	82.58	8.083	94.13
2008-10	35	7,259,564.53	2.59	687	82.62	8.170	85.95
2009-04	3	511,372.24	0.18	646	79.74	7.757	100.00
2009-05	15	2,468,968.24	0.88	632	80.00	7.891	100.00
2009-06	13	2,302,266.08	0.82	637	81.08	7.703	100.00
2009-07	14	2,438,084.28	0.87	651	80.31	7.872	96.91
2009-08	7	908,659.05	0.32	619	80.79	8.413	92.09
2009-09	142	32,181,971.24	11.50	645	81.52	7.973	92.89
2009-10	22	5,222,936.80	1.87	646	81.53	7.959	100.00
Total:	1,305	$279,911,658.30	100.00%	648	81.12%	7.869%	97.43%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	532	$103,917,413.43	30.80%	645	81.38%	8.276%	96.84%
12	63	18,318,038.88	5.43	663	80.61	8.038	98.87
24	542	117,076,319.40	34.70	654	81.22	7.691	97.26
36	492	98,041,668.92	29.06	640	80.20	7.643	99.51
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	423	$67,091,193.68	19.89%	639	81.78%	8.195%	94.89%
ARM - 2/28 - 2Yr IO	1	108,799.99	0.03	612	80.00	9.700	100.00
ARM - 2/28 40Yr Ball	532	124,585,435.37	36.93	638	80.30	7.717	100.00
ARM - 2/28 40Yr Dual	45	11,597,493.37	3.44	670	87.14	8.836	88.60
ARM - 2/28 - 5Yr IO	88	30,494,477.96	9.04	701	80.38	7.267	100.00
ARM - 3/17 - 5Yr IO	1	512,000.00	0.15	771	80.00	8.500	100.00
ARM - 3/27	118	22,110,099.66	6.55	638	82.05	8.240	91.45
ARM - 3/27 40Yr Ball	19	3,768,332.78	1.12	647	80.00	7.773	100.00
ARM - 3/27 40Yr Dual	33	7,114,973.93	2.11	638	82.13	8.172	92.34
ARM - 3/27 - 5Yr IO	45	12,528,851.56	3.71	652	80.00	7.360	100.00
Balloon - 40/30	62	14,242,736.61	4.22	644	80.00	7.597	100.00
Fixed - 20Yr	1	123,564.30	0.04	656	80.00	7.750	100.00
Fixed - 30Yr	220	33,525,246.35	9.94	647	80.15	8.106	100.00
Fixed -30Yr 40Yr Dual	25	5,045,995.16	1.50	644	80.18	7.886	100.00
Fixed - 30Yr - 5Yr IO	16	4,504,239.91	1.34	673	80.00	7.495	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

SILENT SECOND COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	489	$117,136,509.51	34.72%	665	81.95%	8.014%	94.11%
3	1	125,965.65	0.04	554	90.00	10.500	100.00
3A	2	403,658.05	0.12	608	80.00	7.486	100.00
4A	1	218,336.66	0.06	635	80.00	7.990	100.00
5A	3	1,063,557.13	0.32	654	75.81	8.019	100.00
A1	359	69,304,786.75	20.54	631	80.46	8.082	99.80
A2	13	2,784,740.31	0.83	630	85.38	7.864	94.85
A+	761	146,315,886.57	43.37	642	80.31	7.666	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First lien	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
10.01 - 15.00	5	$581,716.32	0.17%	622	85.87%	8.704%	65.08%
15.01 - 20.00	17	3,135,027.54	0.93	672	81.19	8.213	88.07
20.01 - 25.00	26	4,581,934.26	1.36	644	80.34	7.650	98.72
25.01 - 30.00	61	10,697,110.50	3.17	637	81.40	8.074	89.15
30.01 - 35.00	140	25,597,043.93	7.59	645	81.40	7.987	96.18
35.01 - 40.00	232	42,887,905.66	12.71	640	81.36	7.939	96.28
40.01 - 45.00	402	84,579,113.06	25.07	660	80.72	7.899	98.78
45.01 - 50.00	553	122,616,741.66	36.35	649	81.00	7.932	98.54
50.01 - 55.00	169	36,710,293.59	10.88	631	80.46	7.522	100.00
55.01 - 60.00	24	5,966,554.11	1.77	627	80.00	7.223	100.00
Total:	1,629	$337,353,440.63	100.00%	648	80.94%	7.876%	97.87%

BALLOON COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50,001 - 75,000	1	$61,600.00	0.03%	629	80.00%	8.550%	100.00%
75,001 - 100,000	16	1,493,753.00	0.68	631	81.11	7.926	100.00
100,001 - 125,000	82	9,317,743.94	4.24	632	82.02	8.080	100.00
125,001 - 150,000	89	12,244,250.86	5.58	629	82.62	8.015	100.00
150,001 - 175,000	87	14,191,792.24	6.46	637	82.70	8.019	98.88
175,001 - 200,000	95	17,886,328.50	8.15	629	81.05	8.003	100.00
200,001 - 250,000	152	34,250,875.50	15.60	642	83.96	7.973	100.00
250,001 - 300,000	103	28,152,919.08	12.82	640	83.08	7.871	100.00
300,001 - 400,000	127	43,676,318.36	19.89	640	84.59	7.735	100.00
400,001 - 500,000	77	34,223,047.10	15.59	643	86.03	8.027	100.00
500,001 - 600,000	31	17,011,959.45	7.75	653	85.88	7.530	100.00
600,001 - 700,000	8	5,142,295.00	2.34	659	85.39	7.671	100.00
700,001 or greater	2	1,897,252.50	0.86	577	80.89	6.738	100.00
Total:	870	$219,550,135.53	100.00%	640	83.95%	7.881%	99.93%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50,001 - 75,000	1	$61,554.56	0.03%	629	80.00%	8.550%	100.00%
75,001 - 100,000	16	1,491,374.81	0.68	631	81.11	7.926	100.00
100,001 - 125,000	83	9,428,761.29	4.30	632	81.99	8.068	100.00
125,001 - 150,000	88	12,102,699.16	5.52	629	82.64	8.024	100.00
150,001 - 175,000	87	14,172,386.09	6.46	637	82.70	8.019	98.88
175,001 - 200,000	95	17,862,306.98	8.15	629	81.05	8.003	100.00
200,001 - 250,000	153	34,453,606.07	15.72	642	83.93	7.959	100.00
250,001 - 300,000	104	28,461,777.85	12.98	640	83.20	7.880	100.00
300,001 - 400,000	126	43,410,817.19	19.80	640	84.50	7.725	100.00
400,001 - 500,000	76	33,777,079.73	15.41	644	86.11	8.047	100.00
500,001 - 600,000	31	16,984,547.14	7.75	653	85.88	7.530	100.00
600,001 - 700,000	8	5,134,392.53	2.34	659	85.39	7.671	100.00
700,001 or greater	2	1,892,196.86	0.86	577	80.89	6.738	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
501 - 525	3	$1,503,241.07	0.69%	514	73.27%	8.085%	100.00%
526 - 550	7	1,525,878.36	0.70	542	69.99	8.172	100.00
551 - 575	9	2,856,729.59	1.30	567	81.75	8.256	100.00
576 - 600	145	30,841,765.09	14.07	590	82.11	7.911	100.00
601 - 625	169	41,489,659.39	18.92	613	83.90	7.856	100.00
626 - 650	243	62,278,494.38	28.41	637	84.29	7.856	100.00
651 - 675	161	43,630,826.09	19.90	663	85.02	7.862	100.00
676 - 700	80	21,116,618.33	9.63	687	85.96	7.820	99.25
701 - 725	31	7,761,222.87	3.54	714	84.84	8.285	100.00
726 - 750	12	2,954,775.74	1.35	736	80.94	7.290	100.00
751 - 775	6	1,409,807.76	0.64	761	81.71	7.396	100.00
776 - 800	3	1,295,219.78	0.59	786	80.00	8.530	100.00
801 - 825	1	569,261.81	0.26	819	90.49	8.650	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
301 - 360	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
349 - 360	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	512	$134,479,506.67	61.34%	641	84.40%	7.909%	100.00%
PUD	227	56,513,798.46	25.78	638	83.41	7.788	99.72
Condominium	112	23,026,833.94	10.50	640	83.25	7.823	100.00
Townhome	14	3,651,900.20	1.67	627	82.80	8.440	100.00
2 to 4 Family	5	1,561,460.99	0.71	645	78.32	8.364	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	869	$219,074,115.11	99.93%	640	83.95%	7.881%	100.00%
Second Home	1	159,385.15	0.07	692	90.00	8.170	0.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Purchase	551	$127,668,721.10	58.23%	642	83.34%	7.860%	99.88%
Refi - Cash Out	169	49,276,205.74	22.48	638	86.90	8.070	100.00
Refi - Rate/Term	150	42,288,573.42	19.29	636	82.37	7.725	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	4	$742,388.51	0.34%	630	45.92%	7.568%	100.00%
60.01 - 70.00	6	1,812,710.77	0.83	597	65.12	8.074	100.00
70.01 - 80.00	622	146,440,013.03	66.80	638	79.86	7.707	100.00
80.01 - 90.00	67	20,888,337.61	9.53	632	86.99	7.798	99.24
90.01 - 100.00	171	49,350,050.34	22.51	649	96.09	8.431	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	4	$742,388.51	0.34%	630	45.92%	7.568%	100.00%
60.01 - 70.00	6	1,812,710.77	0.83	597	65.12	8.074	100.00
70.01 - 75.00	6	1,409,582.55	0.64	595	72.40	7.820	100.00
75.01 - 80.00	20	6,219,727.07	2.84	604	78.36	7.965	100.00
80.01 - 85.00	13	4,852,589.26	2.21	635	83.04	7.440	100.00
85.01 - 90.00	38	12,720,254.17	5.80	639	87.35	7.820	98.75
90.01 - 95.00	96	27,115,612.67	12.37	647	88.70	7.968	100.00
95.01 - 100.00	687	164,360,635.26	74.97	641	83.63	7.881	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	215	$78,531,691.27	35.82%	647	84.25%	7.688%	100.00%
Florida	152	33,411,304.75	15.24	641	83.81	7.968	100.00
Arizona	98	20,286,114.12	9.25	639	83.81	7.895	100.00
Virginia	44	11,599,618.34	5.29	627	83.16	7.766	100.00
New Jersey	32	8,733,259.74	3.98	633	84.21	8.558	100.00
Colorado	38	7,290,358.87	3.33	639	83.93	7.536	100.00
Nevada	23	6,681,793.46	3.05	623	83.10	7.480	100.00
Washington	26	6,672,019.01	3.04	649	83.90	7.556	100.00
Texas	36	5,102,884.11	2.33	631	82.27	7.876	100.00
Maryland	16	4,159,247.96	1.90	632	83.09	7.922	100.00
Other	190	36,765,208.63	16.77	632	84.22	8.279	99.57
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%
Number of States Represented:  36

BALLOON COLLATERAL

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	573	$139,238,604.03	63.51%	629	83.73%	7.706%	99.89%
Stated Income	271	71,199,628.50	32.48	661	84.41	8.225	100.00
Limited Doc.	26	8,795,267.73	4.01	626	83.87	7.870	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.501 - 6.000	4	$663,725.94	0.30%	615	80.00%	5.961%	100.00%
6.001 - 6.500	42	12,150,188.71	5.54	651	81.77	6.403	100.00
6.501 - 7.000	113	34,497,859.87	15.74	638	82.09	6.832	100.00
7.001 - 7.500	131	31,912,758.56	14.56	642	81.45	7.307	100.00
7.501 - 8.000	209	51,995,241.27	23.72	639	82.69	7.775	100.00
8.001 - 8.500	150	34,009,036.81	15.51	634	84.10	8.276	99.53
8.501 - 9.000	140	33,542,348.73	15.30	641	87.11	8.745	100.00
9.001 - 9.500	40	10,011,309.16	4.57	633	88.04	9.230	100.00
9.501 - 10.000	20	5,827,983.81	2.66	669	92.08	9.749	100.00
10.001 - 10.500	8	1,648,377.01	0.75	632	91.47	10.299	100.00
10.501 - 11.000	12	2,828,817.93	1.29	627	93.01	10.721	100.00
11.001 - 11.500	1	145,852.46	0.07	584	100.00	11.250	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$249,182.88	0.13%	597	92.70%	9.080%	100.00%
12.501 - 13.000	4	663,725.94	0.34	615	80.00	5.961	100.00
13.001 - 13.500	37	11,163,479.43	5.69	648	81.93	6.394	100.00
13.501 - 14.000	96	29,908,929.34	15.23	638	82.05	6.814	100.00
14.001 - 14.500	115	27,729,478.90	14.12	640	81.35	7.312	100.00
14.501 - 15.000	188	46,834,469.04	23.86	639	82.55	7.782	100.00
15.001 - 15.500	139	32,075,929.82	16.34	633	84.29	8.276	99.50
15.501 - 16.000	125	30,361,236.69	15.46	640	87.53	8.738	100.00
16.001 - 16.500	34	8,576,769.23	4.37	634	87.76	9.208	100.00
16.501 - 17.000	16	5,063,449.55	2.58	674	92.10	9.745	100.00
17.001 - 17.500	8	1,648,377.01	0.84	632	91.47	10.299	100.00
17.501 - 18.000	9	2,049,869.70	1.04	644	91.79	10.712	100.00
Total:	772	$196,324,897.53	100.00%	639	83.97%	7.878%	99.92%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$211,847.75	0.11%	614	80.00%	6.490%	100.00%
3.001 - 3.500	2	350,868.28	0.18	609	80.00	8.015	100.00
3.501 - 4.000	3	1,174,536.28	0.60	698	81.27	6.752	100.00
4.001 - 4.500	33	11,549,937.35	5.88	648	82.51	6.549	100.00
4.501 - 5.000	69	21,451,175.65	10.93	635	80.84	6.824	100.00
5.001 - 5.500	113	30,075,108.16	15.32	640	82.50	7.299	100.00
5.501 - 6.000	159	37,444,384.57	19.07	634	82.51	7.652	100.00
6.001 - 6.500	171	40,657,412.13	20.71	637	83.85	8.104	99.61
6.501 - 7.000	123	28,361,996.19	14.45	638	85.81	8.537	100.00
7.001 - 7.500	51	12,627,607.13	6.43	647	89.57	8.930	100.00
7.501 - 8.000	27	7,513,919.67	3.83	652	86.79	9.547	100.00
8.001 - 8.500	17	4,433,461.09	2.26	648	94.18	10.259	100.00
8.501 - 9.000	3	472,643.28	0.24	640	93.45	10.386	100.00
Total:	772	$196,324,897.53	100.00%	639	83.97%	7.878%	99.92%

BALLOON COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-03	1	$211,372.26	0.11%	592	80.00%	7.660%	100.00%
2008-04	11	3,094,762.33	1.58	655	84.48	8.078	100.00
2008-05	136	37,020,877.73	18.86	644	82.47	7.504	100.00
2008-06	201	49,683,504.42	25.31	637	83.24	7.781	100.00
2008-07	197	49,910,390.03	25.42	641	83.83	8.001	99.68
2008-08	165	41,801,976.30	21.29	636	85.16	8.028	100.00
2008-09	28	7,704,392.35	3.92	625	87.36	8.328	100.00
2009-04	2	359,065.37	0.18	642	85.38	7.482	100.00
2009-05	10	1,919,233.65	0.98	640	86.16	7.829	100.00
2009-06	4	700,351.97	0.36	654	86.71	8.200	100.00
2009-07	11	2,714,732.23	1.38	642	87.12	8.183	100.00
2009-08	6	1,204,238.89	0.61	611	90.13	9.031	100.00
Total:	772	$196,324,897.53	100.00%	639	83.97%	7.878%	99.92%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	258	$65,163,361.22	29.72%	640	83.37%	8.274%	99.76%
12	34	8,987,114.56	4.10	647	81.62	8.042	100.00
24	312	70,727,804.48	32.26	638	83.59	7.696	100.00
36	266	74,355,220.00	33.92	640	85.10	7.693	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM 2/28 - 40Yr Ball	739	$189,427,275.42	86.40%	639	83.85%	7.866%	99.92%
ARM 3/27 - 40Yr Ball	33	6,897,622.11	3.15	637	87.24	8.198	100.00
Balloon - 40/30	98	22,908,602.73	10.45	643	83.79	7.907	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
A+	525	$124,971,293.59	57.00%	644	84.11%	7.797%	100.00%
A1	318	86,292,168.56	39.36	637	84.02	7.981	99.82
A2	23	6,830,315.71	3.12	600	81.70	7.970	100.00
B	3	933,809.97	0.43	546	75.15	8.979	100.00
C2	1	205,912.43	0.09	543	73.84	9.030	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

BALLOON COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
15.01 - 20.00	3	$563,520.54	0.26%	699	91.91%	9.051%	100.00%
20.01 - 25.00	4	454,257.93	0.21	615	80.00	7.643	100.00
25.01 - 30.00	22	3,632,613.28	1.66	639	82.74	8.157	100.00
30.01 - 35.00	55	12,438,924.07	5.67	633	83.65	8.008	100.00
35.01 - 40.00	99	23,473,462.65	10.71	636	85.24	8.068	100.00
40.01 - 45.00	201	49,290,267.18	22.48	646	84.34	7.967	100.00
45.01 - 50.00	296	75,357,271.25	34.37	640	84.28	7.891	100.00
50.01 - 55.00	166	47,325,794.74	21.59	638	82.72	7.704	99.66
55.01 - 60.00	24	6,697,388.62	3.05	627	82.51	7.267	100.00
Total:	870	$219,233,500.26	100.00%	640	83.95%	7.881%	99.93%

40 YEAR AMORTIZATION COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50,001 - 75,000	4	$268,350.00	0.08%	596	72.19%	8.796%	73.35%
75,001 - 100,000	36	3,284,398.00	0.96	622	83.41	8.624	86.21
100,001 - 125,000	102	11,604,798.94	3.38	628	81.59	8.208	94.99
125,001 - 150,000	128	17,707,250.86	5.15	624	83.37	8.207	93.03
150,001 - 175,000	121	19,712,919.24	5.74	629	82.84	8.190	94.25
175,001 - 200,000	139	26,195,113.50	7.63	627	81.82	8.072	99.28
200,001 - 250,000	203	45,749,835.50	13.32	636	83.82	8.050	98.97
250,001 - 300,000	162	44,437,060.08	12.94	632	82.95	8.039	98.25
300,001 - 400,000	197	68,248,541.36	19.87	634	84.63	7.976	97.03
400,001 - 500,000	120	53,878,896.10	15.69	632	87.41	8.497	97.66
500,001 - 600,000	50	27,541,409.45	8.02	635	88.13	8.124	100.00
600,001 - 700,000	17	11,026,945.00	3.21	633	86.68	8.333	100.00
700,001 or greater	15	13,848,252.50	4.03	608	79.36	7.652	94.32
Total:	1,294	$343,503,770.53	100.00%	631	84.37%	8.132%	97.38%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50,001 - 75,000	4	$268,209.83	0.08%	596	72.19%	8.796%	73.35%
75,001 - 100,000	36	3,281,260.80	0.96	622	83.41	8.624	86.21
100,001 - 125,000	103	11,714,787.98	3.41	628	81.57	8.197	95.05
125,001 - 150,000	127	17,563,159.85	5.12	623	83.39	8.214	92.98
150,001 - 175,000	121	19,690,933.94	5.74	629	82.84	8.190	94.25
175,001 - 200,000	139	26,166,651.02	7.63	627	81.82	8.072	99.28
200,001 - 250,000	204	45,946,654.27	13.39	636	83.79	8.039	98.97
250,001 - 300,000	163	44,738,196.32	13.04	632	83.03	8.043	98.26
300,001 - 400,000	196	67,970,529.87	19.81	633	84.58	7.970	97.02
400,001 - 500,000	119	53,424,371.23	15.57	632	87.47	8.513	97.64
500,001 - 600,000	50	27,510,117.95	8.02	635	88.13	8.124	100.00
600,001 - 700,000	17	11,016,274.75	3.21	633	86.68	8.333	100.00
700,001 or greater	15	13,837,471.59	4.03	608	79.36	7.652	94.32
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	1	$91,947.11	0.03%	500	80.00%	8.000%	100.00%
501 - 525	12	3,800,293.22	1.11	515	75.09	8.394	91.12
526 - 550	24	6,063,461.36	1.77	540	79.41	8.407	95.80
551 - 575	62	17,342,911.73	5.05	563	84.41	8.770	95.03
576 - 600	226	59,047,760.24	17.21	589	83.32	8.133	98.01
601 - 625	278	72,279,439.54	21.06	613	84.90	8.179	97.83
626 - 650	329	86,553,888.54	25.22	637	85.56	8.201	97.09
651 - 675	185	49,852,513.53	14.53	662	84.51	7.886	98.58
676 - 700	96	25,788,751.86	7.52	687	85.23	7.808	94.92
701 - 725	37	9,531,808.23	2.78	714	83.94	8.129	100.00
726 - 750	24	6,342,539.77	1.85	737	81.30	7.799	96.10
751 - 775	13	3,389,456.56	0.99	762	80.71	7.741	100.00
776 - 800	6	2,474,585.90	0.72	785	80.00	8.391	100.00
801 - 825	1	569,261.81	0.17	819	90.49	8.650	100.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
301 - 360	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
349 - 360	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	827	$227,798,618.65	66.39%	630	84.51%	8.134%	97.50%
PUD	277	71,145,799.61	20.73	635	84.29	8.014	98.15
Condominium	147	31,342,466.84	9.13	634	83.34	8.078	96.07
2 to 4 Family	29	9,189,834.10	2.68	616	85.64	9.054	92.04
Townhome	14	3,651,900.20	1.06	627	82.80	8.440	100.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	1,251	$334,148,051.67	97.38%	631	84.36%	8.105%	100.00%
Investor Owned	39	7,663,760.97	2.23	624	84.60	9.203	0.00
Second Home	4	1,316,806.76	0.38	615	85.18	8.743	0.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Purchase	715	$171,969,703.82	50.12%	641	85.23%	8.226%	97.83%
Refi - Cash Out	396	123,008,847.04	35.85	617	83.91	8.138	96.12
Refi - Rate/Term	183	48,150,068.54	14.03	632	82.43	7.783	99.02
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	5	$813,853.48	0.24%	626	45.79%	7.654%	91.22%
50.01 - 60.00	8	1,562,733.25	0.46	581	58.77	7.500	85.15
60.01 - 70.00	51	16,030,581.30	4.67	603	66.33	7.503	95.65
70.01 - 80.00	745	178,659,024.97	52.07	640	79.56	7.711	99.37
80.01 - 90.00	198	58,208,223.52	16.96	609	87.32	8.296	91.07
90.01 - 100.00	287	87,854,202.88	25.60	633	96.30	9.010	98.11
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	5	$813,853.48	0.24%	626	45.79%	7.654%	91.22%
50.01 - 60.00	8	1,562,733.25	0.46	581	58.77	7.500	85.15
60.01 - 70.00	49	15,734,511.63	4.59	603	66.27	7.487	95.57
70.01 - 75.00	34	9,517,299.86	2.77	609	73.51	7.507	95.17
75.01 - 80.00	50	14,543,856.43	4.24	614	78.92	7.827	97.52
80.01 - 85.00	69	20,029,051.61	5.84	597	84.06	8.121	90.01
85.01 - 90.00	102	33,191,983.17	9.67	617	88.63	8.353	92.67
90.01 - 95.00	147	46,566,769.44	13.57	629	91.07	8.532	97.50
95.01 - 100.00	830	201,168,560.53	58.63	642	84.82	8.113	99.22
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	334	$129,914,066.52	37.86%	634	84.70%	8.066%	97.16%
Florida	189	40,843,836.07	11.90	639	83.38	7.994	98.57
Arizona	128	26,549,429.76	7.74	635	84.06	8.110	96.90
New Jersey	60	18,507,687.17	5.39	617	84.43	8.557	98.37
Maryland	45	11,636,180.17	3.39	618	82.59	7.896	99.08
Virginia	44	11,599,618.34	3.38	627	83.16	7.766	100.00
Colorado	57	10,888,797.58	3.17	633	84.41	7.722	98.65
Illinois	47	10,006,227.35	2.92	625	85.54	8.573	93.36
New York	26	9,594,906.74	2.80	608	82.24	8.498	95.73
Washington	36	8,903,046.66	2.59	650	84.96	7.719	96.52
Other	328	64,684,823.04	18.85	627	85.02	8.350	96.99
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%
Number of States Represented:  45

40 YEAR AMORTIZATION COLLATERAL

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	789	$197,760,149.34	57.63%	621	83.12%	7.778%	98.17%
Stated Income	450	127,578,636.11	37.18	649	86.45	8.684	96.29
Limited Doc.	55	17,789,833.95	5.18	609	83.38	8.110	96.48
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.501 - 6.000	4	$663,725.94	0.19%	615	80.00%	5.961%	100.00%
6.001 - 6.500	49	14,804,229.05	4.31	653	80.14	6.390	100.00
6.501 - 7.000	138	43,421,232.70	12.65	631	79.83	6.841	100.00
7.001 - 7.500	188	48,322,884.99	14.08	632	80.74	7.314	100.00
7.501 - 8.000	298	74,573,353.46	21.73	635	82.00	7.780	98.29
8.001 - 8.500	207	50,086,308.99	14.60	637	83.34	8.271	96.83
8.501 - 9.000	200	50,783,867.12	14.80	625	87.27	8.777	96.97
9.001 - 9.500	64	17,642,352.58	5.14	618	89.21	9.250	91.68
9.501 - 10.000	68	21,520,807.84	6.27	623	93.55	9.757	92.91
10.001 - 10.500	34	8,984,447.08	2.62	621	94.43	10.311	88.00
10.501 - 11.000	31	9,221,986.23	2.69	612	95.62	10.777	96.54
11.001 - 11.500	8	1,749,881.83	0.51	625	99.15	11.220	94.32
11.501 - 12.000	3	622,381.79	0.18	627	98.48	11.665	86.27
12.001 - 12.500	1	453,530.62	0.13	552	90.00	12.350	100.00
12.501 - 13.000	1	277,629.18	0.08	638	100.00	12.550	100.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATON COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$249,182.88	0.08%	597	92.70%	9.080%	100.00%
12.001 - 12.500	7	2,654,040.34	0.88	662	72.64	6.329	100.00
12.501 - 13.000	21	7,833,395.67	2.60	599	71.00	6.790	100.00
13.001 - 13.500	75	23,164,690.12	7.70	630	80.79	6.886	100.00
13.501 - 14.000	151	44,543,140.92	14.81	633	81.37	7.137	98.05
14.001 - 14.500	163	42,049,241.25	13.98	642	81.37	7.630	97.22
14.501 - 15.000	238	61,341,374.98	20.39	629	84.17	8.033	97.49
15.001 - 15.500	162	39,549,754.90	13.15	626	85.54	8.466	95.89
15.501 - 16.000	170	45,399,832.94	15.09	629	89.80	9.076	96.64
16.001 - 16.500	60	15,912,839.30	5.29	627	91.14	9.718	93.22
16.501 - 17.000	35	11,456,617.85	3.81	636	94.71	10.335	97.21
17.001 - 17.500	15	3,252,406.38	1.08	631	95.22	10.752	96.94
17.501 - 18.000	12	2,672,251.49	0.89	640	93.35	10.934	96.80
18.001 - 18.500	1	453,530.62	0.15	552	90.00	12.350	100.00
18.501 - 19.000	1	277,629.18	0.09	638	100.00	12.550	100.00
Total:	1,112	$300,809,928.82	100.00%	631	84.69%	8.166%	97.24%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$211,847.75	0.07%	614	80.00%	6.490%	100.00%
3.001 - 3.500	2	350,868.28	0.12	609	80.00	8.015	100.00
3.501 - 4.000	3	1,174,536.28	0.39	698	81.27	6.752	100.00
4.001 - 4.500	61	17,413,944.28	5.79	638	84.05	7.283	96.18
4.501 - 5.000	69	21,451,175.65	7.13	635	80.84	6.824	100.00
5.001 - 5.500	113	30,075,108.16	10.00	640	82.50	7.299	100.00
5.501 - 6.000	471	136,065,408.93	45.23	620	85.02	8.416	94.50
6.001 - 6.500	171	40,657,412.13	13.52	637	83.85	8.104	99.61
6.501 - 7.000	123	28,361,996.19	9.43	638	85.81	8.537	100.00
7.001 - 7.500	51	12,627,607.13	4.20	647	89.57	8.930	100.00
7.501 - 8.000	27	7,513,919.67	2.50	652	86.79	9.547	100.00
8.001 - 8.500	17	4,433,461.09	1.47	648	94.18	10.259	100.00
8.501 - 9.000	3	472,643.28	0.16	640	93.45	10.386	100.00
Total:	1,112	$300,809,928.82	100.00%	631	84.69%	8.166%	97.24%

40 YEAR AMORTIZATION COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-03	1	$211,372.26	0.07%	592	80.00%	7.660%	100.00%
2008-04	11	3,094,762.33	1.03	655	84.48	8.078	100.00
2008-05	136	37,020,877.73	12.31	644	82.47	7.504	100.00
2008-06	201	49,683,504.42	16.52	637	83.24	7.781	100.00
2008-07	200	51,222,497.09	17.03	640	84.16	8.036	99.69
2008-08	168	43,137,988.08	14.34	634	85.46	8.061	100.00
2008-09	207	62,810,118.74	20.88	618	86.64	8.839	90.56
2008-10	33	12,105,333.09	4.02	615	84.79	8.387	94.76
2009-04	2	359,065.37	0.12	642	85.38	7.482	100.00
2009-05	10	1,919,233.65	0.64	640	86.16	7.829	100.00
2009-06	5	1,174,059.26	0.39	636	90.05	9.068	100.00
2009-07	12	2,901,377.79	0.96	638	87.29	8.245	100.00
2009-08	10	2,628,759.93	0.87	607	92.53	8.952	100.00
2009-09	92	24,904,009.17	8.28	614	84.74	8.516	95.18
2009-10	24	7,636,969.91	2.54	621	82.96	8.045	94.90
Total:	1,112	$300,809,928.82	100.00%	631	84.69%	8.166%	97.24%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	419	$115,859,149.36	33.77%	628	84.46%	8.517%	97.43%
12	65	20,537,921.74	5.99	636	84.61	8.516	97.25
24	459	113,130,448.09	32.97	627	84.40	7.995	95.93
36	351	93,601,100.21	27.28	637	84.17	7.738	99.11
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28 40Yr Ball	739	$189,427,275.42	55.21%	639	83.85%	7.866%	99.92%
ARM - 2/28 40Yr Dual	218	69,859,178.32	20.36	615	86.59	8.832	90.61
ARM - 3/27 40Yr Ball	33	6,897,622.11	2.01	637	87.24	8.198	100.00
ARM - 3/27 40Yr Dual	122	34,625,852.97	10.09	615	84.92	8.456	95.41
Balloon - 40/30	98	22,908,602.73	6.68	643	83.79	7.907	100.00
Fixed -30Yr-40Yr Dual	84	19,410,087.85	5.66	617	80.06	7.870	96.56
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	416	$121,938,699.96	35.54%	616	85.09%	8.582%	92.98%
2	6	1,524,612.44	0.44	613	85.26	8.031	82.72
3	2	431,806.74	0.13	553	86.13	8.977	100.00
A1	318	86,292,168.56	25.15	637	84.02	7.981	99.82
A2	23	6,830,315.71	1.99	600	81.70	7.970	100.00
A+	525	124,971,293.59	36.42	644	84.11	7.797	100.00
B	3	933,809.97	0.27	546	75.15	8.979	100.00
C2	1	205,912.43	0.06	543	73.84	9.030	100.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

40 YEAR AMORTIZATION COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	1	$412,117.07	0.12%	568	85.00%	9.950%	0.00%
5.01 - 10.00	2	783,154.61	0.23	680	81.68	7.292	66.37
10.01 - 15.00	2	245,973.21	0.07	628	85.62	8.059	100.00
15.01 - 20.00	7	1,707,314.28	0.50	637	79.03	8.393	93.72
20.01 - 25.00	9	1,822,758.32	0.53	624	78.67	7.824	100.00
25.01 - 30.00	48	9,379,443.39	2.73	624	82.85	8.207	89.08
30.01 - 35.00	78	17,920,493.41	5.22	623	82.90	8.139	96.51
35.01 - 40.00	162	39,680,115.20	11.56	628	84.42	8.136	97.04
40.01 - 45.00	312	82,699,288.69	24.10	638	84.97	8.253	96.51
45.01 - 50.00	472	131,526,839.56	38.33	628	85.35	8.254	98.33
50.01 - 55.00	177	50,253,733.04	14.65	635	82.24	7.711	99.41
55.01 - 60.00	24	6,697,388.62	1.95	627	82.51	7.267	100.00
Total:	1,294	$343,128,619.40	100.00%	631	84.37%	8.132%	97.38%

GROUP I COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans	Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,600.00	0.09%	622	99.97%	10.396%	100.00%
25,001 - 50,000	49	1,870,624.00	0.73	630	91.76	10.539	92.73
50,001 - 75,000	108	6,938,098.00	2.70	600	84.51	9.900	63.17
75,001 - 100,000	174	15,389,837.00	6.00	607	82.48	9.053	69.08
100,001 - 125,000	160	18,063,190.60	7.04	599	82.21	9.019	78.12
125,001 - 150,000	179	24,621,300.25	9.59	608	81.67	8.657	82.27
150,001 - 175,000	152	24,771,779.00	9.65	604	79.55	8.487	85.53
175,001 - 200,000	140	26,302,809.00	10.25	608	81.46	8.427	84.33
200,001 - 250,000	179	40,031,447.00	15.60	608	81.35	8.271	85.33
250,001 - 300,000	133	36,769,456.00	14.33	603	81.30	8.232	84.96
300,001 - 400,000	138	47,822,770.00	18.63	615	81.66	8.097	84.14
400,001 - 500,000	27	11,606,353.00	4.52	619	78.41	8.160	77.32
500,001 - 600,000	4	2,222,950.00	0.87	579	83.00	8.132	100.00
Total:	1,453	$256,640,213.85	100.00%	608	81.46%	8.463%	82.43%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,388.49	0.09%	622	99.97%	10.396%	100.00%
25,001 - 50,000	49	1,868,819.90	0.73	630	91.76	10.539	92.73
50,001 - 75,000	108	6,930,780.66	2.70	600	84.51	9.900	63.17
75,001 - 100,000	175	15,472,362.03	6.03	607	82.39	9.049	69.28
100,001 - 125,000	160	18,067,244.61	7.05	598	82.33	9.023	77.46
125,001 - 150,000	178	24,472,718.03	9.54	608	81.63	8.655	82.69
150,001 - 175,000	152	24,747,737.60	9.65	604	79.55	8.487	85.53
175,001 - 200,000	140	26,276,746.55	10.25	608	81.46	8.427	84.33
200,001 - 250,000	179	39,989,631.09	15.60	608	81.35	8.271	85.33
250,001 - 300,000	133	36,742,512.24	14.33	603	81.30	8.232	84.96
300,001 - 400,000	138	47,786,626.03	18.64	615	81.66	8.097	84.14
400,001 - 500,000	27	11,595,061.35	4.52	619	78.41	8.160	77.32
500,001 - 600,000	4	2,221,178.80	0.87	579	83.00	8.132	100.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	3	$667,614.98	0.26%	500	77.12%	9.232%	100.00%
501 - 525	88	14,837,617.76	5.79	514	78.93	9.176	92.33
526 - 550	122	22,337,734.86	8.71	540	74.98	9.098	89.16
551 - 575	172	29,080,935.37	11.34	562	78.94	8.781	84.01
576 - 600	196	34,268,804.36	13.37	589	81.89	8.607	82.17
601 - 625	346	61,771,528.71	24.09	614	82.48	8.275	84.63
626 - 650	281	48,544,260.62	18.93	637	83.00	8.369	81.55
651 - 675	149	27,605,661.75	10.77	661	82.74	7.901	79.77
676 - 700	60	11,353,619.61	4.43	687	86.76	7.967	64.43
701 - 725	14	2,124,250.96	0.83	713	82.39	8.060	53.75
726 - 750	17	2,774,659.07	1.08	740	83.99	8.010	61.60
751 - 775	2	286,472.42	0.11	762	83.13	7.796	100.00
776 - 800	3	747,646.91	0.29	780	81.55	8.592	19.25
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	3	$259,324.26	0.10%	627	79.37%	8.050%	100.00%
121 - 180	10	1,550,180.28	0.60	623	79.23	7.589	95.96
181 - 240	7	665,331.37	0.26	646	79.67	7.773	100.00
241 - 300	1	88,066.46	0.03	681	78.32	6.625	0.00
301 - 360	1,432	253,837,905.01	99.00	607	81.48	8.471	82.31
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	13	$1,809,504.54	0.71%	624	79.25%	7.655%	96.54%
181 - 348	8	753,397.83	0.29	650	79.51	7.639	88.31
349 - 360	1,432	253,837,905.01	99.00	607	81.48	8.471	82.31
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	1,136	$194,678,068.00	75.93%	606	81.78%	8.416%	85.54%
PUD	133	24,133,656.70	9.41	609	81.68	8.495	86.33
2 to 4 Family	94	22,143,354.20	8.64	615	78.32	8.668	57.24
Condominium	90	15,445,728.48	6.02	616	81.46	8.700	73.25
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	1,170	$211,354,703.40	82.43%	604	81.31%	8.297%	100.00%
Investor Owned	259	40,745,045.42	15.89	624	82.47	9.323	0.00
Second Home	24	4,301,058.56	1.68	617	78.79	8.452	0.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	978	$193,380,118.47	75.42%	605	79.45%	8.280%	84.82%
Purchase	342	41,408,495.36	16.15	625	89.60	9.386	68.05
Refi - Rate/Term	133	21,612,193.55	8.43	601	83.83	8.327	88.58
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	11	$1,622,257.61	0.63%	584	40.82%	9.724%	0.00%
50.01 - 60.00	32	6,227,450.21	2.43	588	56.89	8.062	72.84
60.01 - 70.00	231	43,872,370.76	17.11	590	66.08	8.256	91.66
70.01 - 80.00	372	65,171,249.56	25.42	624	77.41	7.893	85.14
80.01 - 90.00	557	104,647,323.76	40.81	599	87.70	8.656	77.26
90.01 - 100.00	250	34,860,155.48	13.60	633	95.92	9.219	86.83
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	11	$1,622,257.61	0.63%	584	40.82%	9.724%	0.00%
50.01 - 60.00	32	6,227,450.21	2.43	588	56.89	8.062	72.84
60.01 - 70.00	230	43,776,395.60	17.07	589	66.08	8.256	91.64
70.01 - 75.00	129	22,992,769.13	8.97	610	73.57	7.895	84.40
75.01 - 80.00	147	27,740,678.85	10.82	622	79.34	7.958	79.36
80.01 - 85.00	186	37,401,656.90	14.59	573	84.44	8.607	87.63
85.01 - 90.00	320	61,324,787.65	23.92	614	89.46	8.583	76.33
90.01 - 95.00	116	22,032,892.34	8.59	637	94.09	8.583	80.95
95.01 - 100.00	282	33,281,919.09	12.98	631	89.01	9.099	83.72
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	139	$40,196,442.44	15.68%	610	78.12%	8.135%	79.42%
Florida	148	27,874,780.19	10.87	604	80.88	8.245	87.35
Illinois	146	25,076,463.39	9.78	612	84.33	8.687	76.66
Arizona	104	19,213,734.99	7.49	610	80.26	8.590	73.49
Maryland	93	19,131,458.13	7.46	610	80.04	7.947	89.84
New Jersey	67	17,353,397.62	6.77	595	77.84	8.434	88.96
New York	39	10,918,912.76	4.26	621	75.34	7.918	90.63
Texas	92	9,514,227.69	3.71	622	82.93	8.718	78.58
Michigan	55	6,692,157.47	2.61	601	87.78	9.209	78.05
Massachusetts	26	6,316,024.04	2.46	602	77.06	8.825	79.03
Other	544	74,113,208.66	28.91	606	84.54	8.703	83.02
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%
Number of States Represented:  48

GROUP I COLLATERAL

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	932	$160,320,532.60	62.53%	599	81.40%	8.228%	88.38%
Stated Income	400	72,535,464.99	28.29	629	81.53	9.013	69.09
Limited Doc.	121	23,544,809.79	9.18	604	81.59	8.366	82.99
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.501 - 6.000	5	$1,018,363.88	0.40%	675	81.60%	5.935%	100.00%
6.001 - 6.500	20	4,459,021.97	1.74	657	74.68	6.317	92.90
6.501 - 7.000	89	20,411,860.05	7.96	634	76.36	6.881	94.74
7.001 - 7.500	159	34,607,928.34	13.50	620	78.99	7.330	98.18
7.501 - 8.000	245	49,959,010.28	19.48	619	79.94	7.809	89.43
8.001 - 8.500	187	35,396,604.52	13.81	605	81.96	8.288	86.84
8.501 - 9.000	228	39,354,545.17	15.35	595	82.03	8.784	78.21
9.001 - 9.500	121	20,124,502.52	7.85	585	81.85	9.291	66.85
9.501 - 10.000	167	23,832,483.04	9.30	588	85.86	9.778	71.26
10.001 - 10.500	91	12,486,919.85	4.87	598	86.15	10.273	59.74
10.501 - 11.000	67	8,040,650.97	3.14	594	86.95	10.758	66.26
11.001 - 11.500	30	3,348,149.03	1.31	591	89.08	11.173	41.21
11.501 - 12.000	22	2,375,488.21	0.93	593	82.44	11.784	52.85
12.001 - 12.500	18	802,717.14	0.31	604	90.94	12.259	80.03
12.501 - 13.000	3	143,307.85	0.06	626	100.00	12.600	100.00
13.001 - 13.500	1	39,254.56	0.02	633	100.00	13.050	100.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.501 - 12.000	4	$623,363.88	0.32%	663	77.68%	5.894%	100.00%
12.001 - 12.500	10	2,540,678.82	1.32	640	74.04	6.281	100.00
12.501 - 13.000	52	12,345,303.16	6.42	625	75.21	6.860	94.03
13.001 - 13.500	100	23,573,948.39	12.26	615	79.35	7.334	98.59
13.501 - 14.000	166	35,414,342.70	18.41	616	79.41	7.809	88.78
14.001 - 14.500	131	27,315,409.28	14.20	604	83.45	8.287	88.09
14.501 - 15.000	174	30,996,905.71	16.12	594	82.41	8.782	76.69
15.001 - 15.500	96	16,798,131.10	8.73	587	82.64	9.282	64.87
15.501 - 16.000	121	20,245,287.76	10.53	588	86.10	9.781	69.37
16.001 - 16.500	75	10,880,414.75	5.66	599	86.40	10.278	59.97
16.501 - 17.000	54	7,071,398.85	3.68	596	87.75	10.750	62.83
17.001 - 17.500	23	2,818,343.36	1.47	586	88.27	11.151	38.46
17.501 - 18.000	10	1,548,685.67	0.81	574	74.26	11.803	35.63
18.001 - 18.500	2	141,424.25	0.07	527	72.28	12.325	54.42
Total:	1,018	$192,313,637.68	100.00%	604	81.89%	8.557%	80.55%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	2	$405,663.84	0.21%	684	93.20%	7.796%	79.62%
3.001 - 3.500	4	425,664.64	0.22	663	63.56	6.822	60.58
3.501 - 4.000	2	403,306.56	0.21	651	73.66	6.819	100.00
4.001 - 4.500	129	24,138,266.04	12.55	614	83.43	8.560	79.12
4.501 - 5.000	13	2,703,410.39	1.41	563	80.23	8.435	87.86
5.001 - 5.500	12	2,243,659.97	1.17	616	72.91	8.202	84.64
5.501 - 6.000	852	161,545,427.85	84.00	602	81.85	8.569	80.57
6.001 - 6.500	3	360,503.32	0.19	556	82.66	11.096	83.39
6.501 - 7.000	1	87,735.07	0.05	673	74.58	8.600	100.00
Total:	1,018	$192,313,637.68	100.00%	604	81.89%	8.557%	80.55%

GROUP I COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-04	1	$121,890.91	0.06%	559	90.00%	8.700%	100.00%
2008-05	2	346,225.74	0.18	533	88.95	8.232	78.95
2008-06	9	1,372,449.82	0.71	601	86.97	8.970	74.91
2008-07	15	3,426,972.63	1.78	606	82.74	8.918	65.78
2008-08	6	1,384,360.57	0.72	622	86.25	8.391	75.01
2008-09	466	88,937,905.21	46.25	602	81.93	8.683	78.07
2008-10	115	20,281,380.45	10.55	600	79.40	8.731	80.48
2009-06	5	511,619.76	0.27	603	80.95	8.836	100.00
2009-07	4	558,314.15	0.29	594	89.94	8.674	33.43
2009-08	6	995,477.05	0.52	607	84.51	7.976	81.79
2009-09	332	62,309,780.80	32.40	607	82.01	8.361	82.88
2009-10	57	12,067,260.59	6.27	610	82.98	8.251	93.49
Total:	1,018	$192,313,637.68	100.00%	604	81.89%	8.557%	80.55%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	614	$107,163,913.10	41.80%	610	81.89%	8.567%	83.43%
12	60	12,726,317.93	4.96	618	78.38	8.442	75.94
24	408	74,176,001.22	28.93	600	81.72	8.580	79.19
30	1	171,953.56	0.07	594	75.00	8.350	100.00
36	370	62,162,621.57	24.24	612	81.04	8.148	85.86
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	435	$73,556,902.84	28.69%	593	80.91%	8.963%	73.62%
ARM - 2/28 40Yr Dual	120	25,750,800.68	10.04	604	82.91	8.486	79.27
ARM - 2/28 - 5Yr IO	59	16,563,481.81	6.46	637	82.99	7.843	96.05
ARM - 3/12	1	63,685.31	0.02	575	65.98	9.875	100.00
ARM - 3/17 - 5Yr IO	1	150,499.99	0.06	613	63.50	6.750	100.00
ARM - 3/27	279	47,663,701.20	18.59	598	81.66	8.600	79.43
ARM - 3/27 40Yr Dual	81	17,859,182.91	6.97	607	82.49	8.146	91.10
ARM - 3/27 - 5Yr IO	42	10,705,382.94	4.18	649	84.80	7.551	94.29
Fixed - 10Yr	3	259,324.26	0.10	627	79.37	8.050	100.00
Fixed - 15Yr	9	1,486,494.97	0.58	626	79.80	7.491	95.78
Fixed - 20Yr	6	514,831.38	0.20	655	84.40	8.072	100.00
Fixed - 25Yr	1	88,066.46	0.03	681	78.32	6.625	0.00
Fixed - 30Yr	350	47,556,011.31	18.55	620	80.11	8.325	84.80
Fixed -30Yr-40Yr Dual	46	9,444,941.32	3.68	606	79.76	7.976	97.26
Fixed - 30Yr - 5Yr IO	20	4,737,500.00	1.85	637	81.17	7.399	100.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	1,190	$211,146,027.65	82.35%	609	82.26%	8.490%	80.60%
2	27	4,824,545.04	1.88	598	81.40	8.535	88.62
2A	28	4,357,081.29	1.70	600	81.69	8.794	90.00
3	10	2,034,217.55	0.79	545	76.89	8.661	89.65
3A	20	3,243,540.95	1.27	610	78.45	7.988	100.00
4	20	3,671,452.83	1.43	576	68.88	8.835	100.00
4A	27	4,890,548.58	1.91	628	81.99	8.169	92.62
5	2	315,648.16	0.12	539	68.08	10.532	100.00
5A	32	5,824,919.79	2.27	648	75.68	7.660	86.99
6A	17	3,466,280.28	1.35	667	76.12	6.892	89.71
7A	5	736,869.49	0.29	685	89.36	7.467	76.83
8A	6	582,582.31	0.23	740	85.04	7.053	27.92
A	47	8,046,292.85	3.14	568	77.95	8.618	94.26
B	7	1,032,930.67	0.40	541	76.31	9.157	85.20
C	14	1,965,581.23	0.77	543	70.18	9.524	89.03
D	1	262,288.71	0.10	540	67.30	10.850	100.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	1,391	$253,977,374.60	99.05%	607	81.28%	8.437%	82.26%
Second Lien	62	2,423,432.78	0.95	645	100.00	11.121	100.00
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP I COLLATERAL

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	6	$1,098,239.91	0.43%	614	84.30%	8.936%	25.91%
5.01 - 10.00	7	1,401,269.87	0.55	621	83.84	8.927	13.71
10.01 - 15.00	11	1,517,450.68	0.59	632	84.09	8.240	53.20
15.01 - 20.00	27	4,140,122.90	1.61	623	74.90	8.741	34.46
20.01 - 25.00	59	8,453,633.60	3.30	613	77.38	8.599	73.84
25.01 - 30.00	112	18,300,336.31	7.14	605	78.62	8.596	73.74
30.01 - 35.00	141	23,555,111.16	9.19	609	81.82	8.596	82.07
35.01 - 40.00	240	38,314,614.20	14.94	610	82.23	8.500	79.76
40.01 - 45.00	317	58,132,745.36	22.67	609	82.20	8.431	84.83
45.01 - 50.00	466	88,460,528.99	34.50	606	83.42	8.398	88.34
50.01 - 55.00	67	13,026,754.40	5.08	594	69.73	8.264	88.68
Total:	1,453	$256,400,807.38	100.00%	608	81.46%	8.463%	82.43%

GROUP II COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans		Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	20		$893,310.00	0.12%	615	90.55%	10.721%	94.40%
50,001 - 75,000	400		25,875,154.70	3.38	573	72.24	9.713	91.89
75,001 - 100,000	425		37,667,291.74	4.92	583	78.72	9.321	97.35
100,001 - 125,000	499		56,324,039.52	7.35	591	79.42	8.979	99.02
125,001 - 150,000	409		56,178,954.30	7.34	600	80.34	8.823	98.21
150,001 - 175,000	318		51,644,238.69	6.74	598	80.74	8.808	98.76
175,001 - 200,000	270		50,551,044.62	6.60	603	80.27	8.492	98.89
200,001 - 250,000	394		88,139,664.20	11.51	611	81.34	8.259	99.24
250,001 - 300,000	261		71,806,566.51	9.38	623	82.52	8.358	99.25
300,001 - 400,000	315		108,725,244.92	14.20	626	83.81	8.246	99.44
400,001 - 500,000	246		110,159,338.35	14.38	630	85.66	8.510	95.09
500,001 - 600,000	107		58,403,791.85	7.63	635	85.58	8.107	100.00
600,001 - 700,000	45		28,888,872.15	3.77	632	84.06	8.115	100.00
700,001 or greater	23		20,612,002.50	2.69	627	80.42	7.532	96.18
Total:	3,732	$765,869,514.05		100.00%	614	82.07%	8.517%	98.18%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	24	$1,070,501.94	0.14%	608	87.61%	10.502%	95.33%
50,001 - 75,000	397	25,661,956.76	3.36	574	72.26	9.711	91.86
75,001 - 100,000	426	37,693,222.21	4.93	582	78.71	9.325	97.36
100,001 - 125,000	500	56,362,420.66	7.37	592	79.43	8.968	99.02
125,001 - 150,000	407	55,831,073.79	7.30	600	80.32	8.834	98.20
150,001 - 175,000	321	52,084,423.73	6.81	598	80.83	8.808	98.77
175,001 - 200,000	268	50,154,627.74	6.56	603	80.23	8.492	98.89
200,001 - 250,000	393	87,823,642.85	11.49	612	81.32	8.248	99.24
250,001 - 300,000	264	72,636,137.66	9.50	622	82.46	8.360	99.26
300,001 - 400,000	312	107,758,958.65	14.10	626	83.85	8.242	99.43
400,001 - 500,000	245	109,629,250.34	14.34	630	85.68	8.518	95.07
500,001 - 600,000	107	58,342,932.85	7.63	635	85.58	8.107	100.00
600,001 - 700,000	45	28,858,722.50	3.77	632	84.06	8.115	100.00
700,001 or greater	23	20,592,185.69	2.69	627	80.42	7.532	96.18
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	18	$2,251,588.14	0.29%	500	75.75%	9.781%	100.00%
501 - 525	531	80,319,903.42	10.51	513	76.57	9.819	99.12
526 - 550	627	94,555,294.49	12.37	538	73.02	9.243	98.41
551 - 575	93	23,460,281.36	3.07	563	83.01	8.936	99.26
576 - 600	425	90,958,354.82	11.90	590	84.52	8.479	97.63
601 - 625	555	123,686,593.75	16.18	613	85.06	8.339	98.32
626 - 650	668	153,582,535.81	20.09	637	85.39	8.282	97.66
651 - 675	403	87,981,958.15	11.51	662	83.57	7.973	99.53
676 - 700	186	44,551,137.21	5.83	688	83.78	7.798	96.77
701 - 725	100	28,317,182.78	3.70	714	82.33	7.783	97.30
726 - 750	56	14,257,169.64	1.86	736	81.02	7.765	96.08
751 - 775	48	12,700,184.72	1.66	761	81.08	7.907	98.61
776 - 800	20	7,257,687.21	0.95	788	81.96	7.771	96.10
801 - 825	2	620,185.87	0.08	818	87.87	8.556	91.79
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	7	$530,274.64	0.07%	553	69.62%	9.685%	87.49%
121 - 180	35	3,367,922.63	0.44	545	70.54	9.705	100.00
181 - 240	25	2,742,057.02	0.36	619	78.38	9.058	97.18
241 - 300	3	425,353.55	0.06	589	73.67	8.919	100.00
301 - 360	3,662	757,434,449.53	99.08	614	82.15	8.508	98.18
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	42	$3,898,197.27	0.51%	546	70.41%	9.702%	98.30%
181 - 348	31	3,685,146.36	0.48	608	78.80	9.081	97.90
349 - 360	3,659	756,916,713.74	99.01	614	82.15	8.508	98.18
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	2,737	$550,994,424.57	72.07%	610	81.66%	8.567%	98.13%
PUD	663	145,152,271.88	18.99	623	82.98	8.253	98.65
Condominium	225	44,024,412.64	5.76	625	82.62	8.405	97.87
2 to 4 Family	50	13,803,036.21	1.81	623	88.49	9.596	95.29
Townhome	54	9,646,763.91	1.26	588	81.17	8.674	99.38
Manuf. Housing	3	879,148.16	0.11	688	72.83	7.809	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	3,647	$750,605,928.05	98.18%	613	82.15%	8.500%	100.00%
Investor Owned	66	9,988,975.65	1.31	629	77.40	9.382	0.00
Second Home	19	3,905,153.67	0.51	624	79.40	9.577	0.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	1,769	$337,939,617.94	44.20%	580	79.64%	8.872%	96.78%
Purchase	1,489	332,391,915.41	43.48	647	84.54	8.244	99.19
Refi - Rate/Term	474	94,168,524.02	12.32	615	82.09	8.207	99.68
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	114	$10,795,152.11	1.41%	542	38.79%	9.508%	96.94%
50.01 - 60.00	97	12,293,330.71	1.61	539	56.17	9.318	96.68
60.01 - 70.00	260	49,849,960.26	6.52	565	66.25	8.714	94.24
70.01 - 80.00	1,954	396,538,346.52	51.87	631	78.93	8.047	99.02
80.01 - 90.00	629	131,203,688.06	17.16	579	86.28	8.848	95.86
90.01 - 100.00	678	163,819,579.71	21.43	626	95.92	9.204	99.40
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	114	$10,795,152.11	1.41%	542	38.79%	9.508%	96.94%
50.01 - 60.00	97	12,293,330.71	1.61	539	56.17	9.318	96.68
60.01 - 70.00	256	48,704,325.66	6.37	564	66.21	8.725	94.10
70.01 - 75.00	236	41,550,430.23	5.43	575	72.78	8.691	93.78
75.01 - 80.00	386	62,292,669.09	8.15	568	78.04	8.963	98.39
80.01 - 85.00	259	49,482,881.19	6.47	562	82.50	8.980	95.84
85.01 - 90.00	287	72,101,572.68	9.43	586	88.11	8.834	95.95
90.01 - 95.00	376	92,864,117.96	12.15	622	91.40	8.642	98.68
95.01 - 100.00	1,721	374,415,577.74	48.98	647	84.41	8.188	99.87
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	600	$220,909,003.15	28.90%	634	83.05%	8.196%	98.24%
Florida	497	97,791,427.16	12.79	604	81.11	8.450	98.62
Texas	476	54,150,150.73	7.08	600	79.47	8.855	99.15
Arizona	240	48,222,241.28	6.31	611	81.12	8.372	98.52
New Jersey	106	30,112,257.19	3.94	602	82.81	8.908	100.00
New York	103	26,424,308.85	3.46	616	82.30	8.860	95.61
Virginia	137	26,271,337.36	3.44	596	81.34	8.504	98.66
Maryland	104	23,489,833.28	3.07	592	82.09	8.313	98.87
Illinois	94	21,463,548.43	2.81	622	86.68	8.863	98.01
Nevada	66	16,943,940.99	2.22	621	81.77	8.153	99.69
Other	1,309	198,722,008.95	25.99	605	81.88	8.764	97.37
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%
Number of States Represented:  49

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	2,657	$490,442,742.19	64.15%	601	81.16%	8.356%	98.79%
Stated Income	896	226,658,573.57	29.65	642	83.92	8.841	97.11
Limited Doc.	179	47,398,741.61	6.20	614	82.72	8.623	97.02
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.05%	698	80.00%	5.500%	100.00%
5.501 - 6.000	12	2,893,562.60	0.38	649	80.00	5.933	100.00
6.001 - 6.500	76	23,292,718.34	3.05	661	81.05	6.385	98.60
6.501 - 7.000	246	72,182,970.45	9.44	647	80.83	6.838	100.00
7.001 - 7.500	347	86,253,246.57	11.28	644	80.34	7.302	99.52
7.501 - 8.000	563	129,364,482.22	16.92	633	80.85	7.791	99.23
8.001 - 8.500	504	100,601,678.05	13.16	624	81.24	8.276	98.83
8.501 - 9.000	568	115,980,987.91	15.17	609	83.76	8.787	97.46
9.001 - 9.500	337	61,207,795.26	8.01	587	82.53	9.252	95.01
9.501 - 10.000	390	69,890,472.81	9.14	574	83.79	9.781	98.18
10.001 - 10.500	289	44,310,261.68	5.80	555	80.43	10.280	98.38
10.501 - 11.000	177	31,572,371.10	4.13	579	87.68	10.758	96.77
11.001 - 11.500	58	8,348,315.58	1.09	577	85.26	11.289	91.19
11.501 - 12.000	70	8,561,001.30	1.12	572	83.16	11.749	92.16
12.001 - 12.500	57	5,667,544.31	0.74	562	82.60	12.253	97.63
12.501 - 13.000	35	3,751,184.01	0.49	588	88.49	12.685	88.34
13.001 - 13.500	2	253,465.18	0.03	579	90.68	13.069	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	2	$617,182.88	0.10%	657	85.13%	6.945%	100.00%
11.501 - 12.000	3	958,799.99	0.16	655	80.00	5.880	100.00
12.001 - 12.500	13	6,200,966.07	1.03	678	78.95	6.365	100.00
12.501 - 13.000	52	21,029,784.49	3.50	655	77.93	6.743	100.00
13.001 - 13.500	106	37,370,516.64	6.22	661	81.28	6.941	99.83
13.501 - 14.000	225	64,085,819.16	10.67	643	80.92	7.206	99.32
14.001 - 14.500	264	64,830,472.24	10.80	640	80.43	7.592	98.79
14.501 - 15.000	407	98,257,069.05	16.37	622	82.81	8.074	98.62
15.001 - 15.500	367	77,974,173.09	12.99	610	83.15	8.468	97.22
15.501 - 16.000	393	88,420,255.53	14.73	603	86.45	9.005	98.45
16.001 - 16.500	217	41,683,404.36	6.94	585	83.91	9.500	98.35
16.501 - 17.000	270	50,165,387.22	8.36	572	83.94	10.055	98.09
17.001 - 17.500	212	31,895,622.09	5.31	544	77.73	10.384	98.53
17.501 - 18.000	84	14,644,683.32	2.44	567	83.10	10.884	93.42
18.001 - 18.500	7	1,347,554.31	0.22	569	84.62	11.685	90.48
18.501 - 19.000	4	859,663.84	0.14	592	83.10	12.522	32.30
19.001 - 19.500	1	68,345.20	0.01	515	80.49	12.490	0.00
Total:	2,627	$600,409,699.48	100.00%	614	82.54%	8.449%	98.33%

GROUP II COLLATERAL

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$211,847.75	0.04%	614	80.00%	6.490%	100.00%
3.001 - 3.500	4	1,232,588.31	0.21	642	80.00	6.930	100.00
3.501 - 4.000	5	1,611,720.88	0.27	682	82.17	7.100	100.00
4.001 - 4.500	95	26,383,569.47	4.39	638	84.31	7.298	98.38
4.501 - 5.000	122	32,541,199.52	5.42	630	80.61	6.921	100.00
5.001 - 5.500	201	46,568,098.36	7.76	629	81.30	7.400	99.53
5.501 - 6.000	818	244,191,871.74	40.67	629	84.31	8.386	97.56
6.001 - 6.500	365	74,632,143.13	12.43	617	82.45	8.227	99.07
6.501 - 7.000	305	57,580,497.65	9.59	603	82.18	8.682	98.84
7.001 - 7.500	258	42,956,439.58	7.15	577	80.49	9.264	99.09
7.501 - 8.000	331	52,038,596.96	8.67	555	77.67	9.920	99.03
8.001 - 8.500	101	17,448,566.22	2.91	578	83.16	10.382	95.39
8.501 - 9.000	17	2,441,683.72	0.41	567	84.11	10.578	91.24
9.001 - 9.500	2	417,956.57	0.07	509	84.99	10.899	100.00
9.501 - 10.000	2	152,919.62	0.03	529	71.46	12.180	0.00
Total:	2,627	$600,409,699.48	100.00%	614	82.54%	8.449%	98.33%

GROUP II COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2006-07	1	$151,528.31	0.03%	534	80.49%	11.680%	100.00%
2006-12	2	504,901.80	0.08	524	87.52	8.388	100.00
2007-11	1	69,375.23	0.01	541	70.49	10.550	100.00
2008-01	1	49,729.86	0.01	582	80.65	9.270	100.00
2008-03	7	1,197,212.48	0.20	576	82.13	9.245	100.00
2008-04	88	16,065,831.11	2.68	605	80.50	8.487	97.49
2008-05	442	87,292,119.55	14.54	600	79.54	8.189	98.64
2008-06	489	98,769,727.71	16.45	607	80.91	8.208	99.40
2008-07	492	97,683,087.71	16.27	608	81.43	8.507	99.10
2008-08	413	85,890,783.60	14.31	604	82.40	8.509	99.13
2008-09	312	106,359,295.45	17.71	639	85.76	8.686	95.04
2008-10	44	18,609,411.39	3.10	638	84.09	8.584	100.00
2009-03	1	123,547.13	0.02	637	100.00	9.990	100.00
2009-04	10	1,666,994.28	0.28	586	80.36	8.606	100.00
2009-05	46	7,091,864.64	1.18	593	81.53	8.723	100.00
2009-06	33	5,267,796.62	0.88	594	82.99	8.567	97.31
2009-07	33	5,669,279.83	0.94	606	84.95	8.882	100.00
2009-08	33	8,161,707.44	1.36	588	90.12	9.039	93.00
2009-09	152	50,114,051.05	8.35	630	85.25	8.393	99.52
2009-10	27	9,671,454.29	1.61	619	82.33	8.278	100.00
Total:	2,627	$600,409,699.48	100.00%	614	82.54%	8.449%	98.33%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	1,464	$277,254,257.88	36.27%	607	82.35%	9.006%	97.19%
12	122	35,766,416.88	4.68	639	81.86	8.439	99.37
24	789	190,805,369.15	24.96	631	83.63	8.017	99.12
36	1,357	260,674,013.46	34.10	605	80.67	8.373	98.39
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	1,341	$237,298,961.93	31.04%	579	79.52%	8.942%	96.76%
ARM - 2/28 - 2Yr IO	1	108,799.99	0.01	612	80.00	9.700	100.00
ARM - 2/28 40Yr Ball	739	189,427,275.42	24.78	639	83.85	7.866	99.92
ARM - 2/28 40Yr Dual	98	44,108,377.64	5.77	622	88.74	9.034	97.23
ARM - 2/28 - 5Yr IO	110	41,043,159.11	5.37	679	82.26	7.503	100.00
ARM - 3/17 - 5Yr IO	1	512,000.00	0.07	771	80.00	8.500	100.00
ARM - 3/27	208	45,519,327.53	5.95	601	84.72	8.878	97.90
ARM - 3/27 - 40Yr Ball	33	6,897,622.11	0.90	637	87.24	8.198	100.00
ARM - 3/27 40Yr Dual	41	16,766,670.06	2.19	623	87.51	8.787	100.00
ARM - 3/27 - 5Yr IO	52	18,071,075.58	2.36	642	81.94	7.472	100.00
ARM - 6 Month	3	656,430.11	0.09	526	85.90	9.148	100.00
Balloon – 40/30	98	22,908,602.73	3.00	643	83.79	7.907	100.00
Fixed - 10Yr	7	530,274.64	0.07	553	69.62	9.685	87.49
Fixed - 12Yr	1	58,573.72	0.01	544	74.07	8.970	100.00
Fixed - 15Yr	34	3,309,348.91	0.43	545	70.47	9.718	100.00
Fixed - 17Yr	1	62,899.43	0.01	529	68.82	8.520	100.00
Fixed - 20Yr	23	2,167,157.59	0.28	586	78.28	9.205	96.44
Fixed - 25Yr	3	425,353.55	0.06	589	73.67	8.919	100.00
Fixed - 28Yr	2	448,360.56	0.06	566	87.50	9.148	100.00
Fixed - 30Yr	880	117,272,185.14	15.34	607	80.05	9.054	97.18
Fixed -30Yr-40Yr Dual	38	9,965,146.53	1.30	628	80.34	7.770	95.89
Fixed - 30Yr - 5Yr IO	18	6,942,455.09	0.91	669	81.11	7.437	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	785	$233,542,593.02	30.55%	635	85.19%	8.555%	96.73%
2	6	997,280.10	0.13	574	71.08	8.546	50.00
2A	8	1,785,255.74	0.23	593	75.79	8.247	87.62
3	1	433,797.51	0.06	629	70.00	9.750	100.00
3A	5	1,217,287.29	0.16	613	87.13	8.235	100.00
4	4	1,459,977.46	0.19	574	67.00	9.692	100.00
4A	8	1,471,390.30	0.19	630	79.10	7.967	100.00
5	1	139,861.36	0.02	610	66.67	9.488	100.00
5A	11	2,712,583.35	0.35	649	78.82	7.727	100.00
6A	7	1,325,225.08	0.17	668	79.36	7.610	100.00
7A	1	145,895.66	0.02	688	78.25	7.250	100.00
8A	5	547,465.36	0.07	726	80.41	6.563	40.54
A	3	874,024.84	0.11	578	79.33	10.752	49.94
A1	778	156,372,670.41	20.45	630	83.98	8.195	99.81
A2	432	68,130,096.41	8.91	558	75.09	8.850	94.96
A+	946	189,117,084.42	24.74	645	83.62	7.837	100.00
B	505	74,298,194.53	9.72	519	75.87	9.741	98.61
C1	124	17,641,309.04	2.31	524	74.37	10.232	100.00
C2	87	10,641,717.33	1.39	525	67.75	10.584	100.00
D	15	1,646,348.16	0.22	525	66.28	12.078	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

GROUP II COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	3,669	$758,625,463.42	99.23%	613	81.94%	8.490%	98.17%
Second Lien	63	5,874,593.95	0.77	653	99.97	11.923	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.01 - 10.00	10	$2,414,120.61	0.32%	624	82.23%	8.282%	96.98%
10.01 - 15.00	20	3,132,369.09	0.41	600	78.75	9.049	67.27
15.01 - 20.00	69	10,397,637.31	1.36	611	78.34	8.812	100.00
20.01 - 25.00	106	14,334,861.65	1.88	590	75.69	8.707	95.30
25.01 - 30.00	227	34,563,798.91	4.52	592	78.44	8.729	95.80
30.01 - 35.00	354	61,759,126.78	8.08	601	79.78	8.645	96.80
35.01 - 40.00	525	97,354,380.00	12.73	606	81.59	8.540	99.27
40.01 - 45.00	812	174,108,061.65	22.77	624	82.76	8.540	98.37
45.01 - 50.00	1,136	260,514,209.93	34.08	616	83.97	8.594	98.54
50.01 - 55.00	435	95,677,291.76	12.52	615	80.39	8.137	98.60
55.01 - 60.00	38	10,244,199.68	1.34	623	82.48	7.336	100.00
Total:	3,732	$764,500,057.37	100.00%	614	82.07%	8.517%	98.18%

AMERIQUEST/ARGENT COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans		Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10		$229,600.00	0.05%	622	99.97%	10.396%	100.00%
25,001 - 50,000	63		2,480,434.00	0.49	632	93.05	10.702	92.50
50,001 - 75,000	169		10,803,762.00	2.15	600	84.82	9.761	67.24
75,001 - 100,000	240		21,260,680.00	4.22	611	83.64	9.102	74.54
100,001 - 125,000	218		24,658,081.60	4.90	606	83.15	9.105	83.04
125,001 - 150,000	239		32,885,438.25	6.53	616	82.22	8.752	85.89
150,001 - 175,000	202		32,899,103.00	6.53	610	80.55	8.559	88.12
175,001 - 200,000	186		34,940,122.00	6.94	613	81.83	8.437	87.65
200,001 - 250,000	249		55,862,890.00	11.10	614	81.11	8.192	89.08
250,001 - 300,000	196		54,316,140.00	10.79	616	82.35	8.367	89.82
300,001 - 400,000	244		84,737,637.00	16.83	627	83.80	8.305	91.05
400,001 - 500,000	159		71,061,962.00	14.11	630	84.82	8.756	88.69
500,001 - 600,000	69		37,626,049.00	7.47	634	85.75	8.304	100.00
600,001 - 700,000	34		21,804,600.00	4.33	632	83.63	8.189	100.00
700,001 or greater	20		17,911,040.00	3.56	632	79.92	7.577	95.61
Total:	2,298	$503,477,538.85		100.00%	621	83.07%	8.503%	89.23%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1 - 25,000	10	$229,388.49	0.05%	622	99.97%	10.396%	100.00%
25,001 - 50,000	65	2,578,077.40	0.51	629	91.92	10.652	92.79
50,001 - 75,000	167	10,689,473.30	2.12	601	85.01	9.764	66.93
75,001 - 100,000	241	21,335,233.96	4.24	611	83.58	9.099	74.66
100,001 - 125,000	218	24,654,262.76	4.90	605	83.24	9.107	82.55
125,001 - 150,000	238	32,727,277.31	6.51	616	82.19	8.751	86.22
150,001 - 175,000	202	32,866,282.14	6.53	610	80.55	8.559	88.12
175,001 - 200,000	186	34,905,799.60	6.94	613	81.83	8.437	87.65
200,001 - 250,000	249	55,806,879.90	11.09	614	81.11	8.192	89.08
250,001 - 300,000	196	54,276,855.39	10.79	616	82.35	8.367	89.82
300,001 - 400,000	244	84,674,446.74	16.83	627	83.80	8.305	91.05
400,001 - 500,000	159	71,011,241.37	14.12	630	84.82	8.756	88.69
500,001 - 600,000	69	37,610,497.23	7.48	634	85.75	8.304	100.00
600,001 - 700,000	34	21,789,441.06	4.33	632	83.63	8.189	100.00
700,001 or greater	20	17,898,287.80	3.56	632	79.92	7.577	95.61
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	3	$667,614.98	0.13%	500	77.12%	9.232%	100.00%
501 - 525	110	19,306,010.27	3.84	513	79.56	9.254	94.10
526 - 550	163	33,245,831.15	6.61	540	77.05	9.115	92.02
551 - 575	229	45,331,322.96	9.01	562	80.98	8.883	89.36
576 - 600	304	70,292,024.85	13.97	589	85.29	8.821	88.24
601 - 625	542	117,603,800.69	23.38	613	84.17	8.458	90.15
626 - 650	470	100,507,515.81	19.98	637	85.45	8.587	89.08
651 - 675	227	45,925,205.42	9.13	662	81.87	7.981	87.56
676 - 700	107	26,194,623.72	5.21	689	82.99	7.734	80.40
701 - 725	53	16,843,058.89	3.35	714	80.61	7.496	90.93
726 - 750	44	11,539,451.93	2.29	737	81.21	7.897	85.92
751 - 775	30	9,512,264.81	1.89	761	80.37	8.049	99.06
776 - 800	15	6,033,794.91	1.20	786	81.47	7.606	89.99
801 - 825	1	50,924.06	0.01	801	58.62	7.500	0.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	4	$317,334.09	0.06%	631	79.49%	8.059%	100.00%
121 - 180	14	1,951,787.12	0.39	616	78.52	7.687	96.79
181 - 240	10	1,312,227.76	0.26	692	79.85	8.102	94.11
241 - 300	3	453,906.91	0.09	598	73.16	8.519	80.60
301 - 360	2,267	499,018,188.57	99.20	621	83.11	8.508	89.19
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	18	$2,269,121.21	0.45%	618	78.65%	7.739%	97.24%
181 - 348	13	1,766,134.67	0.35	668	78.13	8.209	90.64
349 - 360	2,267	499,018,188.57	99.20	621	83.11	8.508	89.19
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	1,771	$385,115,118.39	76.56%	620	83.07%	8.430%	90.79%
PUD	260	59,521,920.36	11.83	625	83.31	8.508	92.31
2 to 4 Family	134	33,339,303.96	6.63	618	82.58	9.023	70.40
Condominium	133	25,077,101.74	4.98	621	83.14	8.937	83.02
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	1,969	$448,879,442.79	89.23%	620	83.21%	8.415%	100.00%
Investor Owned	299	47,981,621.96	9.54	625	82.28	9.288	0.00
Second Home	30	6,192,379.70	1.23	625	79.62	8.838	0.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	1,300	$294,751,415.93	58.59%	604	80.46%	8.335%	87.67%
Purchase	835	180,212,754.13	35.82	649	87.27	8.818	91.61
Refi - Rate/Term	163	28,089,274.39	5.58	608	83.53	8.255	90.36
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	12	$1,772,075.21	0.35%	586	41.60%	9.621%	0.00%
50.01 - 60.00	43	7,792,679.01	1.55	581	57.29	8.136	77.64
60.01 - 70.00	296	64,544,333.14	12.83	590	66.24	8.240	92.02
70.01 - 80.00	756	177,825,266.75	35.35	654	78.39	7.725	93.40
80.01 - 90.00	677	141,554,697.13	28.14	596	87.97	8.715	80.07
90.01 - 100.00	514	109,564,393.21	21.78	620	96.77	9.657	94.92
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	12	$1,772,075.21	0.35%	586	41.60%	9.621%	0.00%
50.01 - 60.00	43	7,792,679.01	1.55	581	57.29	8.136	77.64
60.01 - 70.00	291	63,302,723.38	12.58	590	66.20	8.239	91.86
70.01 - 75.00	186	39,082,349.79	7.77	616	73.56	7.770	86.98
75.01 - 80.00	203	40,578,902.47	8.07	630	79.24	7.817	84.55
80.01 - 85.00	212	44,974,441.15	8.94	581	84.39	8.539	86.42
85.01 - 90.00	402	90,006,214.75	17.89	605	89.44	8.687	81.12
90.01 - 95.00	210	57,276,950.80	11.39	618	94.09	8.876	90.78
95.01 - 100.00	739	158,267,107.89	31.46	655	86.91	8.723	96.35
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	387	$144,341,435.77	28.69%	634	82.91%	8.401%	92.11%
Florida	228	46,376,640.14	9.22	620	81.71	8.290	90.91
Illinois	210	41,205,045.33	8.19	612	85.97	8.820	84.76
Arizona	150	30,241,446.00	6.01	620	80.92	8.647	81.52
New Jersey	100	30,113,845.00	5.99	598	81.82	8.604	93.64
Maryland	126	28,443,766.77	5.65	610	81.93	7.972	92.23
New York	80	27,990,711.42	5.56	631	81.56	8.275	93.11
Texas	142	16,972,320.65	3.37	630	82.78	8.561	87.31
Massachusetts	37	10,179,411.42	2.02	600	80.48	8.849	86.99
Colorado	56	9,980,415.62	1.98	624	83.70	8.156	89.03
Other	782	117,208,406.33	23.30	613	84.53	8.715	86.28
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%
Number of States Represented:  48

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	1,385	$280,474,059.72	55.75%	610	81.76%	8.121%	92.28%
Stated Income	716	174,184,455.03	34.63	640	85.19	9.118	83.91
Limited Doc.	197	48,394,929.70	9.62	617	83.08	8.505	90.72
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.001 - 5.500	1	$368,000.00	0.07%	698	80.00%	5.500%	100.00%
5.501 - 6.000	8	1,977,163.87	0.39	665	80.82	5.908	100.00
6.001 - 6.500	38	11,810,603.64	2.35	671	77.39	6.337	94.56
6.501 - 7.000	156	46,838,875.07	9.31	649	77.66	6.852	97.71
7.001 - 7.500	254	66,578,841.79	13.23	639	79.50	7.316	98.76
7.501 - 8.000	394	91,416,651.64	18.17	632	79.48	7.804	93.30
8.001 - 8.500	294	62,971,314.60	12.52	625	81.32	8.275	90.98
8.501 - 9.000	335	71,347,065.56	14.18	602	83.31	8.803	84.81
9.001 - 9.500	177	36,946,446.02	7.34	594	84.72	9.286	76.07
9.501 - 10.000	243	47,874,840.84	9.52	594	89.76	9.768	84.29
10.001 - 10.500	128	23,204,867.80	4.61	603	90.96	10.311	77.27
10.501 - 11.000	116	22,092,615.96	4.39	604	93.78	10.775	85.70
11.001 - 11.500	50	7,771,548.49	1.54	600	92.16	11.257	73.91
11.501 - 12.000	47	6,674,531.05	1.33	610	89.99	11.742	76.48
12.001 - 12.500	33	2,677,728.20	0.53	620	95.59	12.263	94.01
12.501 - 13.000	22	2,367,161.20	0.47	632	97.23	12.683	81.52
13.001 - 13.500	2	135,188.72	0.03	639	100.00	13.050	100.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$368,000.00	0.10%	698	80.00%	5.500%	100.00%
11.501 - 12.000	7	1,582,163.87	0.42	658	79.09	5.885	100.00
12.001 - 12.500	23	8,741,644.89	2.30	667	77.52	6.340	100.00
12.501 - 13.000	95	31,440,325.04	8.29	644	76.74	6.837	97.66
13.001 - 13.500	154	46,442,453.90	12.24	643	80.03	7.312	99.14
13.501 - 14.000	241	60,336,606.48	15.90	631	79.27	7.808	92.69
14.001 - 14.500	190	46,791,605.27	12.33	628	82.45	8.275	91.84
14.501 - 15.000	249	57,471,461.23	15.15	603	84.19	8.806	85.31
15.001 - 15.500	138	31,134,832.54	8.21	594	85.42	9.287	74.60
15.501 - 16.000	177	41,503,541.48	10.94	594	90.63	9.768	83.63
16.001 - 16.500	108	20,823,723.33	5.49	602	91.31	10.312	78.26
16.501 - 17.000	96	20,541,302.39	5.41	604	94.32	10.769	85.03
17.001 - 17.500	35	6,575,250.57	1.73	596	91.73	11.249	73.62
17.501 - 18.000	20	4,246,793.25	1.12	591	84.71	11.689	65.93
18.001 - 18.500	4	734,781.25	0.19	561	88.49	12.355	91.23
18.501 - 19.000	2	715,166.24	0.19	605	90.82	12.672	38.82
Total:	1,540	$379,449,651.73	100.00%	618	83.79%	8.586%	88.46%

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	2	$405,663.84	0.11%	684	93.20%	7.796%	79.62%
3.001 - 3.500	4	425,664.64	0.11	663	63.56	6.822	60.58
3.501 - 4.000	2	403,306.56	0.11	651	73.66	6.819	100.00
4.001 - 4.500	152	32,352,046.01	8.53	615	84.84	8.626	83.10
4.501 - 5.000	13	2,703,410.39	0.71	563	80.23	8.435	87.86
5.001 - 5.500	13	2,683,157.05	0.71	623	74.07	8.300	87.16
5.501 - 6.000	1,349	339,888,338.47	89.57	619	83.81	8.587	89.01
6.001 - 6.500	3	360,503.32	0.10	556	82.66	11.096	83.39
6.501 - 7.000	2	227,561.45	0.06	645	90.20	10.935	100.00
Total:	1,540	$379,449,651.73	100.00%	618	83.79%	8.586%	88.46%

AMERIQUEST/ARGENT COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2008-04	1	$121,890.91	0.03%	559	90.00%	8.700%	100.00%
2008-05	2	346,225.74	0.09	533	88.95	8.232	78.95
2008-06	9	1,372,449.82	0.36	601	86.97	8.970	74.91
2008-07	24	6,634,641.18	1.75	591	85.96	9.031	80.84
2008-08	17	5,547,390.88	1.46	603	92.33	8.677	92.63
2008-09	725	183,183,761.64	48.28	623	83.88	8.703	86.47
2008-10	159	38,890,791.84	10.25	618	81.65	8.661	89.82
2009-05	1	218,336.66	0.06	635	80.00	7.990	100.00
2009-06	10	2,218,088.26	0.58	604	86.78	8.951	93.61
2009-07	5	802,234.15	0.21	603	86.92	8.621	53.67
2009-08	19	5,951,293.92	1.57	593	92.45	8.905	87.35
2009-09	484	112,423,831.85	29.63	617	83.45	8.376	90.30
2009-10	84	21,738,714.88	5.73	614	82.69	8.263	96.39
Total:	1,540	$379,449,651.73	100.00%	618	83.79%	8.586%	88.46%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	967	$205,584,023.33	40.87%	617	84.33%	8.845%	88.58%
12	108	32,752,334.37	6.51	642	81.89	8.411	89.97
24	636	152,609,202.63	30.34	620	83.47	8.433	89.21
30	1	171,953.56	0.03	594	75.00	8.350	100.00
36	586	111,935,930.56	22.25	623	80.58	8.000	90.22
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	596	$120,332,538.02	23.92%	604	82.60%	9.036%	80.37%
ARM - 2/28 40Yr Dual	218	69,859,178.32	13.89	615	86.59	8.832	90.61
ARM - 2/28 - 5Yr IO	123	45,905,435.67	9.13	671	82.68	7.646	98.57
ARM - 3/12	1	63,685.31	0.01	575	65.98	9.875	100.00
ARM - 3/17 - 5Yr IO	2	662,499.99	0.13	735	76.25	8.102	100.00
ARM - 3/27	390	80,062,768.96	15.92	605	83.59	8.675	86.56
ARM - 3/27 40Yr Dual	122	34,625,852.97	6.88	615	84.92	8.456	95.41
ARM - 3/27 - 5Yr IO	88	27,937,692.49	5.55	645	83.09	7.495	97.81
Fixed - 10Yr	4	317,334.09	0.06	631	79.49	8.059	100.00
Fixed - 15Yr	13	1,888,101.81	0.38	617	78.94	7.613	96.68
Fixed - 20Yr	8	649,727.77	0.13	649	83.52	8.101	88.11
Fixed - 25Yr	3	453,906.91	0.09	598	73.16	8.519	80.60
Fixed - 30Yr	611	90,299,094.29	17.95	626	81.14	8.448	89.50
Fixed -30Yr-40Yr Dual	84	19,410,087.85	3.86	617	80.06	7.870	96.56
Fixed - 30Yr - 5Yr IO	35	10,585,540.00	2.10	659	80.77	7.364	100.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
1	1,975	$444,688,620.67	88.40%	622	83.80%	8.524%	89.07%
2	33	5,821,825.14	1.16	594	79.63	8.537	82.00
2A	36	6,142,337.03	1.22	598	79.98	8.635	89.31
3	11	2,468,015.06	0.49	560	75.68	8.852	91.47
3A	25	4,460,828.24	0.89	611	80.82	8.056	100.00
4	24	5,131,430.29	1.02	576	68.34	9.079	100.00
4A	35	6,361,938.88	1.26	629	81.32	8.123	94.33
5	3	455,509.52	0.09	561	67.65	10.212	100.00
5A	43	8,537,503.14	1.70	649	76.68	7.681	91.13
6A	24	4,791,505.36	0.95	668	77.02	7.090	92.56
7A	6	882,765.15	0.18	686	87.52	7.431	80.66
8A	11	1,130,047.67	0.22	733	82.79	6.815	34.03
A	50	8,920,317.69	1.77	569	78.08	8.827	89.92
B	7	1,032,930.67	0.21	541	76.31	9.157	85.20
C	14	1,965,581.23	0.39	543	70.18	9.524	89.03
D	1	262,288.71	0.05	540	67.30	10.850	100.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

AMERIQUEST/ARGENT COLLATERAL

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	2,173	$494,755,417.72	98.35%	620	82.79%	8.450%	89.05%
Second Lien	125	8,298,026.73	1.65	651	99.98	11.689	100.00
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
0.01 - 5.00	6	$1,098,239.91	0.22%	614	84.30%	8.936%	25.91%
5.01 - 10.00	11	2,142,742.96	0.43	639	83.22	8.483	40.16
10.01 - 15.00	22	3,535,080.39	0.70	627	81.33	8.607	50.91
15.01 - 20.00	43	8,482,064.94	1.69	648	78.88	8.198	68.01
20.01 - 25.00	87	13,810,152.74	2.75	624	78.43	8.306	82.36
25.01 - 30.00	165	32,423,013.98	6.45	611	79.83	8.365	82.18
30.01 - 35.00	217	42,965,360.14	8.54	620	81.99	8.492	85.72
35.01 - 40.00	354	68,340,970.92	13.59	622	82.65	8.346	88.23
40.01 - 45.00	523	122,867,020.31	24.42	631	83.49	8.502	91.41
45.01 - 50.00	780	188,772,828.62	37.53	617	85.52	8.637	93.05
50.01 - 55.00	90	18,615,969.54	3.70	589	70.71	8.251	91.60
Total:	2,298	$503,053,444.45	100.00%	621	83.07%	8.503%	89.23%

NATIONSTAR COLLATERAL

PRINCIPAL BALANCE OF THE LOANS AT ORIGINATION

Principal Balance at Origination ($)	Number of Loans		Aggregate Original Principal Balance	% Loans by Original Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	6		$283,500.00	0.05%	567	76.64%	9.690%	100.00%
50,001 - 75,000	339		22,009,490.70	4.24	568	69.93	9.748	94.95
75,001 - 100,000	359		31,796,448.74	6.13	576	77.25	9.338	98.92
100,001 - 125,000	441		49,729,148.52	9.58	587	78.58	8.931	99.35
125,001 - 150,000	349		47,914,816.30	9.23	594	79.74	8.786	98.48
150,001 - 175,000	268		43,516,914.69	8.38	592	80.20	8.814	99.27
175,001 - 200,000	224		41,913,731.62	8.08	598	79.72	8.498	99.13
200,001 - 250,000	324		72,308,221.20	13.93	607	81.52	8.318	99.39
250,001 - 300,000	198		54,259,882.51	10.45	616	81.85	8.263	99.00
300,001 - 400,000	209		71,810,377.92	13.84	618	82.39	8.077	99.15
400,001 - 500,000	114		50,703,729.35	9.77	627	85.18	8.086	100.00
500,001 - 600,000	42		23,000,692.85	4.43	631	85.06	7.787	100.00
600,001 - 700,000	11		7,084,272.15	1.36	635	85.38	7.886	100.00
700,001 or greater	3		2,700,962.50	0.52	595	83.75	7.233	100.00
Total:	2,887	$519,032,189.05		100.00%	604	80.80%	8.503%	99.08%

REMAINING PRINCIPAL BALANCES OF THE LOANS

Remaining Principal Balance ($)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
25,001 - 50,000	8	$361,244.44	0.07%	577	78.30%	9.626%	100.00%
50,001 - 75,000	338	21,903,264.12	4.23	569	69.91	9.745	94.95
75,001 - 100,000	360	31,830,350.28	6.15	575	77.24	9.342	98.93
100,001 - 125,000	442	49,775,402.51	9.61	587	78.60	8.919	99.36
125,001 - 150,000	347	47,576,514.51	9.19	593	79.70	8.799	98.47
150,001 - 175,000	271	43,965,879.19	8.49	592	80.32	8.814	99.28
175,001 - 200,000	222	41,525,574.69	8.02	597	79.67	8.498	99.12
200,001 - 250,000	323	72,006,394.04	13.90	608	81.50	8.304	99.39
250,001 - 300,000	201	55,101,794.51	10.64	615	81.80	8.267	99.02
300,001 - 400,000	206	70,871,137.94	13.69	618	82.43	8.069	99.14
400,001 - 500,000	113	50,213,070.32	9.70	627	85.22	8.100	100.00
500,001 - 600,000	42	22,953,614.42	4.43	631	85.06	7.787	100.00
600,001 - 700,000	11	7,069,281.44	1.37	635	85.38	7.886	100.00
700,001 or greater	3	2,693,897.89	0.52	595	83.75	7.233	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

FICO SCORES OF THE LOANS

FICO Scores	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
500	18	$2,251,588.14	0.43%	500	75.75%	9.781%	100.00%
501 - 525	509	75,851,510.91	14.65	513	76.27	9.837	99.07
526 - 550	586	83,647,198.20	16.15	537	71.94	9.255	98.48
551 - 575	36	7,209,893.77	1.39	565	79.31	8.641	100.00
576 - 600	317	54,935,134.33	10.61	589	81.89	8.122	100.00
601 - 625	359	67,854,321.77	13.10	613	84.26	8.075	100.00
626 - 650	479	101,619,280.62	19.62	637	84.19	8.022	98.45
651 - 675	325	69,662,414.48	13.45	662	84.36	7.939	99.59
676 - 700	139	29,710,133.10	5.74	687	85.61	7.918	98.85
701 - 725	61	13,598,374.85	2.63	713	84.48	8.182	98.39
726 - 750	29	5,492,376.78	1.06	736	82.12	7.611	100.00
751 - 775	20	3,474,392.33	0.67	762	83.21	7.507	97.51
776 - 800	8	1,971,539.21	0.38	789	83.31	8.586	85.65
801 - 825	1	569,261.81	0.11	819	90.49	8.650	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

ORIGINAL TERM TO MATURITY OF THE LOANS

Original Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
120 or less	6	$472,264.81	0.09%	541	68.35%	9.879%	85.95%
121 - 180	31	2,966,315.79	0.57	539	69.83	9.927	100.00
181 - 240	22	2,095,160.63	0.40	582	77.88	9.249	100.00
241 - 300	1	59,513.10	0.01	652	84.51	8.580	100.00
301 - 360	2,827	512,254,165.97	98.92	605	80.88	8.490	99.08
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

REMAINING TERM TO MATURITY OF THE LOANS

Remaining Term (in months)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
180 or less	37	$3,438,580.60	0.66%	539	69.63%	9.920%	98.07%
181 - 348	26	2,672,409.52	0.52	580	79.45	9.251	100.00
349 - 360	2,824	511,736,430.18	98.82	605	80.88	8.490	99.08
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

PROPERTY TYPES OF THE LOANS

Property Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Single Family	2,102	$360,557,374.18	69.63%	598	80.22%	8.632%	99.18%
PUD	536	109,764,008.22	21.20	619	82.52	8.167	99.38
Condominium	182	34,393,039.38	6.64	624	81.72	8.150	97.64
Townhome	54	9,646,763.91	1.86	588	81.17	8.674	99.38
2 to 4 Family	10	2,607,086.45	0.50	623	77.61	9.043	90.39
Manuf. Housing	3	879,148.16	0.17	688	72.83	7.809	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

OCCUPANCY STATUS OF THE LOANS

Occupancy Status	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Owner Occupied	2,848	$513,081,188.66	99.08%	604	80.88%	8.490%	100.00%
Investor Owned	26	2,752,399.11	0.53	620	67.35	10.145	0.00
Second Home	13	2,013,832.53	0.39	606	77.42	9.448	0.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

PURPOSE OF THE LOANS

Purpose	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Refi - Cash Out	1,447	$236,568,320.48	45.68%	571	78.46%	9.057%	98.36%
Purchase	996	193,587,656.64	37.38	640	83.08	7.954	99.58
Refi - Rate/Term	444	87,691,443.18	16.93	614	82.06	8.221	99.92
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

ORIGINAL LOAN-TO-VALUE RATIO OF THE LOANS

Original Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	113	$10,645,334.51	2.06%	541	38.63%	9.522%	98.31%
50.01 - 60.00	86	10,728,101.91	2.07	537	55.78	9.448	96.67
60.01 - 70.00	195	29,177,997.88	5.63	546	66.02	9.074	95.26
70.01 - 80.00	1,570	283,884,329.33	54.82	614	78.92	8.213	99.36
80.01 - 90.00	509	94,296,314.69	18.21	575	85.31	8.835	98.92
90.01 - 100.00	414	89,115,341.98	17.21	637	94.88	8.652	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

COMBINED LOAN-TO-VALUE RATIO OF THE LOANS

Combined Loan-to-Value Ratio of Loans (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
50.00 or less	113	$10,645,334.51	2.06%	541	38.63%	9.522%	98.31%
50.01 - 60.00	86	10,728,101.91	2.07	537	55.78	9.448	96.67
60.01 - 70.00	195	29,177,997.88	5.63	546	66.02	9.074	95.26
70.01 - 75.00	179	25,460,849.57	4.92	545	72.31	9.386	95.75
75.01 - 80.00	330	49,454,445.47	9.55	548	77.79	9.340	99.06
80.01 - 85.00	233	41,910,096.94	8.09	551	82.20	9.120	98.62
85.01 - 90.00	205	43,420,145.58	8.38	585	87.26	8.785	98.98
90.01 - 95.00	282	57,620,059.50	11.13	631	89.75	8.386	99.76
95.01 - 100.00	1,264	249,430,388.94	48.17	639	83.44	7.970	99.94
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

GEOGRAPHIC DISTRIBUTION OF THE MORTGAGED PROPERTIES

Geographic Distribution by Balance	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
California	352	$116,764,009.82	22.55%	626	81.53%	7.921%	99.32%
Florida	417	79,289,567.21	15.31	595	80.68	8.471	99.17
Texas	426	46,692,057.77	9.02	594	78.98	8.934	99.27
Arizona	194	37,194,530.27	7.18	603	80.84	8.261	99.41
Virginia	137	26,271,337.36	5.07	596	81.34	8.504	98.66
New Jersey	73	17,351,809.81	3.35	601	79.56	8.962	100.00
Maryland	71	14,177,524.64	2.74	580	79.65	8.503	100.00
Washington	59	12,677,744.35	2.45	616	81.82	8.146	100.00
Georgia	91	12,193,584.86	2.35	604	82.59	9.163	98.93
Nevada	47	11,754,840.02	2.27	616	79.99	7.775	100.00
Other	1,020	143,480,414.19	27.71	597	80.84	8.896	98.42
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%
Number of States Represented:  47

LOAN PROGRAMS OF THE LOANS

Program	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
Full Doc.	2,204	$370,289,215.07	71.51%	593	80.81%	8.479%	99.22%
Stated Income	580	125,009,583.53	24.14	638	80.75	8.555	99.23
Limited Doc.	103	22,548,621.70	4.35	597	80.77	8.606	95.91
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

CURRENT MORTGAGE RATES OF THE LOANS

Current Mortgage Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.501 - 6.000	9	$1,934,762.61	0.37%	646	80.00%	5.959%	100.00%
6.001 - 6.500	58	15,941,136.67	3.08	652	81.97	6.401	100.00
6.501 - 7.000	179	45,755,955.43	8.84	639	82.08	6.843	100.00
7.001 - 7.500	252	54,282,333.12	10.48	634	80.50	7.303	99.60
7.501 - 8.000	414	87,906,840.86	16.98	627	81.76	7.787	99.84
8.001 - 8.500	397	73,026,967.97	14.10	614	81.53	8.282	99.78
8.501 - 9.000	461	83,988,467.52	16.22	608	83.33	8.772	99.19
9.001 - 9.500	281	44,385,851.76	8.57	580	80.41	9.242	98.01
9.501 - 10.000	314	45,848,115.01	8.85	561	78.64	9.792	98.68
10.001 - 10.500	252	33,592,313.73	6.49	539	75.28	10.255	98.60
10.501 - 11.000	128	17,520,406.11	3.38	554	79.66	10.736	96.73
11.001 - 11.500	38	3,924,916.12	0.76	544	74.86	11.253	82.77
11.501 - 12.000	45	4,261,958.46	0.82	523	72.05	11.779	94.80
12.001 - 12.500	42	3,792,533.25	0.73	530	75.19	12.248	96.46
12.501 - 13.000	16	1,527,330.66	0.29	523	76.02	12.680	100.00
13.001 - 13.500	1	157,531.02	0.03	542	85.00	13.080	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

MAXIMUM RATES OF THE ADJUSTABLE RATE LOANS

Maximum Rate (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
11.001 - 11.500	1	$249,182.88	0.06%	597	92.70%	9.080%	100.00%
12.501 - 13.000	9	1,934,762.61	0.47	646	80.00	5.959	100.00
13.001 - 13.500	52	14,502,011.13	3.51	646	82.17	6.391	100.00
13.501 - 14.000	150	39,163,555.38	9.48	638	82.11	6.824	100.00
14.001 - 14.500	205	45,354,276.25	10.97	630	80.17	7.306	99.52
14.501 - 15.000	332	71,782,513.53	17.37	625	81.54	7.794	99.80
15.001 - 15.500	325	63,637,471.65	15.40	612	81.91	8.282	99.75
15.501 - 16.000	337	67,162,001.81	16.25	603	83.76	8.768	98.85
16.001 - 16.500	184	31,740,095.78	7.68	578	79.91	9.234	98.37
16.501 - 17.000	228	36,695,483.68	8.88	558	78.87	9.789	98.61
17.001 - 17.500	200	28,138,714.88	6.81	537	75.51	10.259	98.33
17.501 - 18.000	74	11,946,575.74	2.89	560	81.38	10.716	95.70
18.001 - 18.500	5	754,197.31	0.18	569	78.53	11.152	83.00
18.501 - 19.000	2	144,497.60	0.03	528	44.88	11.777	0.00
19.001 - 19.500	1	68,345.20	0.02	515	80.49	12.490	0.00
Total:	2,105	$413,273,685.43	100.00%	605	81.09%	8.373%	99.12%

NATIONSTAR COLLATERAL

GROSS MARGINS OF THE ADJUSTABLE RATE LOANS

Gross Margin (%)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2.501 - 3.000	1	$211,847.75	0.05%	614	80.00%	6.490%	100.00%
3.001 - 3.500	4	1,232,588.31	0.30	642	80.00	6.930	100.00
3.501 - 4.000	5	1,611,720.88	0.39	682	82.17	7.100	100.00
4.001 - 4.500	72	18,169,789.50	4.40	647	82.19	6.611	100.00
4.501 - 5.000	122	32,541,199.52	7.87	630	80.61	6.921	100.00
5.001 - 5.500	200	46,128,601.28	11.16	629	81.32	7.387	99.52
5.501 - 6.000	321	65,848,961.12	15.93	615	80.82	7.795	100.00
6.001 - 6.500	365	74,632,143.13	18.06	617	82.45	8.227	99.07
6.501 - 7.000	304	57,440,671.27	13.90	603	82.14	8.673	98.84
7.001 - 7.500	258	42,956,439.58	10.39	577	80.49	9.264	99.09
7.501 - 8.000	331	52,038,596.96	12.59	555	77.67	9.920	99.03
8.001 - 8.500	101	17,448,566.22	4.22	578	83.16	10.382	95.39
8.501 - 9.000	17	2,441,683.72	0.59	567	84.11	10.578	91.24
9.001 - 9.500	2	417,956.57	0.10	509	84.99	10.899	100.00
9.501 - 10.000	2	152,919.62	0.04	529	71.46	12.180	0.00
Total:	2,105	$413,273,685.43	100.00%	605	81.09%	8.373%	99.12%

NATIONSTAR COLLATERAL

MONTHS OF NEXT RATE ADJUSTMENT OF THE ADJUSTABLE RATE LOANS

Months of Next Rate Adjustment (YYYY-MM)	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
2006-07	1	$151,528.31	0.04%	534	80.49%	11.680%	100.00%
2006-12	2	504,901.80	0.12	524	87.52	8.388	100.00
2007-11	1	69,375.23	0.02	541	70.49	10.550	100.00
2008-01	1	49,729.86	0.01	582	80.65	9.270	100.00
2008-03	7	1,197,212.48	0.29	576	82.13	9.245	100.00
2008-04	88	16,065,831.11	3.89	605	80.50	8.487	97.49
2008-05	442	87,292,119.55	21.12	600	79.54	8.189	98.64
2008-06	489	98,769,727.71	23.90	607	80.91	8.208	99.40
2008-07	483	94,475,419.16	22.86	609	81.16	8.485	99.17
2008-08	402	81,727,753.29	19.78	604	81.79	8.496	99.17
2008-09	53	12,113,439.02	2.93	616	86.09	8.416	100.00
2009-03	1	123,547.13	0.03	637	100.00	9.990	100.00
2009-04	10	1,666,994.28	0.40	586	80.36	8.606	100.00
2009-05	45	6,873,527.98	1.66	592	81.57	8.746	100.00
2009-06	28	3,561,328.12	0.86	589	80.33	8.367	100.00
2009-07	32	5,425,359.83	1.31	606	85.18	8.900	100.00
2009-08	20	3,205,890.57	0.78	586	84.06	8.957	100.00
Total:	2,105	$413,273,685.43	100.00%	605	81.09%	8.373%	99.12%

ORIGINAL MONTHS TO EXPIRATION OF PREPAYMENT PENALTY OF THE LOANS

Original Months to Expiration of Prepayment Penalty	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
No Penalty	1,111	$178,834,147.65	34.53%	597	79.79%	8.927%	98.85%
12	74	15,740,400.44	3.04	616	78.99	8.500	100.00
24	561	112,372,167.74	21.70	626	82.59	7.824	99.42
36	1,141	210,900,704.47	40.73	597	80.83	8.505	99.03
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

PRODUCT TYPES OF THE LOANS

Product Type	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
ARM - 2/28	1,180	$190,523,326.75	36.79%	569	78.11%	8.891%	98.17%
ARM - 2/28 - 2Yr IO	1	108,799.99	0.02	612	80.00	9.700	100.00
ARM - 2/28 40Yr Ball	739	189,427,275.42	36.58	639	83.85	7.866	99.92
ARM - 2/28 - 5Yr IO	46	11,701,205.25	2.26	651	81.63	7.423	100.00
ARM - 3/27	97	13,120,259.77	2.53	569	80.47	9.106	100.00
ARM - 3/27 40Yr Ball	33	6,897,622.11	1.33	637	87.24	8.198	100.00
ARM - 3/27 - 5Yr IO	6	838,766.03	0.16	635	80.00	7.715	100.00
ARM - 6 Month	3	656,430.11	0.13	526	85.90	9.148	100.00
Balloon - 40/30	98	22,908,602.73	4.42	643	83.79	7.907	100.00
Fixed - 10Yr	6	472,264.81	0.09	541	68.35	9.879	85.95
Fixed - 12Yr	1	58,573.72	0.01	544	74.07	8.970	100.00
Fixed - 15Yr	30	2,907,742.07	0.56	539	69.74	9.946	100.00
Fixed - 17Yr	1	62,899.43	0.01	529	68.82	8.520	100.00
Fixed - 20Yr	21	2,032,261.20	0.39	584	78.16	9.271	100.00
Fixed - 25Yr	1	59,513.10	0.01	652	84.51	8.580	100.00
Fixed - 28Yr	2	448,360.56	0.09	566	87.50	9.148	100.00
Fixed - 30Yr	619	74,529,102.16	14.39	592	78.78	9.322	98.59
Fixed - 30Yr - 5Yr IO	3	1,094,415.09	0.21	624	84.65	7.981	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

NATIONSTAR COLLATERAL

CREDIT GRADE OF THE LOANS

Credit Grade	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
A1	778	$156,372,670.41	30.20%	630	83.98%	8.195%	99.81%
A2	432	68,130,096.41	13.16	558	75.09	8.850	94.96
A+	946	189,117,084.42	36.52	645	83.62	7.837	100.00
B	505	74,298,194.53	14.35	519	75.87	9.741	98.61
C1	124	17,641,309.04	3.41	524	74.37	10.232	100.00
C2	87	10,641,717.33	2.05	525	67.75	10.584	100.00
D	15	1,646,348.16	0.32	525	66.28	12.078	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

LIEN POSITION OF THE LOANS

Lien Position	Number of Loans	Aggregate Remaining Principal Balance	% of Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
First Lien	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

DTI RATIO OF THE LOANS

DTI Ratio (%)	Number of Loans	Aggregate Remaining Principal Balance	% Loans by Remaining Principal Balance	Weighted Average FICO	Weighted Average LTV	Weighted Average Coupon	% Owner Occupied
5.01 - 10.00	6	$1,672,647.52	0.32%	604	82.31%	8.566%	100.00%
10.01 - 15.00	9	1,114,739.38	0.22	559	77.83	9.348	100.00
15.01 - 20.00	53	6,055,695.27	1.17	567	75.24	9.624	100.00
20.01 - 25.00	78	8,978,342.51	1.73	560	73.07	9.223	95.01
25.01 - 30.00	174	20,441,121.24	3.95	572	76.39	9.188	97.64
30.01 - 35.00	278	42,348,877.80	8.18	587	78.68	8.773	99.84
35.01 - 40.00	411	67,328,023.28	13.00	592	80.87	8.714	99.37
40.01 - 45.00	606	109,373,786.70	21.12	609	81.63	8.525	99.00
45.01 - 50.00	822	160,201,910.30	30.94	610	81.84	8.435	99.38
50.01 - 55.00	412	90,088,076.62	17.40	618	80.85	8.132	98.62
55.01 - 60.00	38	10,244,199.68	1.98	623	82.48	7.336	100.00
Total:	2,887	$517,847,420.30	100.00%	604	80.80%	8.503%	99.08%

Credit Suisse Team

	NAME	PHONE EXTENSION
Asset Finance:	Banking
	Boris Grinberg	(5-4375)
	Lloyd Brown	(5-4968)
	Plern Bonython	(6-0540)
	Julian Torres	(5-2940)
	Structuring
	Amit Sharma	(5-5180)
	Collateral
	Rotimi Akeredolu	(6-5587)
	Harry Jao	(6-3549)
	Ivan Karaivanov	(6-1636)
Asset-Backed Syndicate:	Tricia Hazelwood	(5-8549)
	Melissa Simmons	(5-8549)
	James Drvostep	(5-8549)
	Garrett Smith	(5-8549)

Rating Agency Contacts

	NAME	PHONE NUMBER
Standard & Poor’s:	Frank Bruzese	(212) 438-1809
Fitch:	Christine Yan	(212) 908-0838
Moody’s:	Cecilia Lam	(415) 274-1727