EX-4.1 3 v067969_ex4-1.htm




IMPAC SECURED ASSETS CORP.,
Depositor,
 

IMPAC FUNDING CORPORATION
Master Servicer,
 
 
and
 
 
DEUTSCHE BANK NATIONAL TRUST COMPANY
Trustee
 
 
 
 
 
 
POOLING AND SERVICING AGREEMENT
 
Dated as of February 1, 2007
 
 
________________________
 
Mortgage Pass-Through Certificates
 
Series 2007-1
 
 





TABLE OF CONTENTS
 
Page
ARTICLE I DEFINITIONS
17
Section 1.01.
Defined Terms.
17
Accrual Period
17
Adjustment Date
17
Advance
17
Affected Party
17
Affiliate
17
Aggregate Stated Principal Balance
17
Agreement
17
Allocated Realized Loss Amount
18
Assessment of Compliance
18
Assignment
18
Attestation Report
18
Available Distribution Amount
18
Balloon Loan
18
Balloon Payment
18
Bankruptcy Code
18
Basic Principal Distribution Amount
18
Book-Entry Certificate
18
Business Day
19
Cap Contract I
19
Cap Contract II
19
Cap Contract III
19
Cap Contract IV
19
Cap Contract V
19
Cap Contract VI
19
Cap Contract VII
19
Cap Contract IX
19
Cap Contract X
20
Cap Contract XI
20
Cap Contract XII
20
Cap Contract XIII
20
Cap Contract XIV
20
Cap Contracts
20
Cap Contract I Counterparty
20
 

 
Cash Liquidation
20
Certificate
20
Certificate Account
20
Certificate Account Deposit Date
20
Certificate Margin
21
Certificate Owner
21
Certificate Principal Balance
21
Certificate Register
21
Certificateholder
22
Class
22
Class A Certificates
22
Class A-1 Certificate
22
Class A-2 Certificate
22
Class A-3 Certificate
22
Class A-M Certificate
22
Class A Principal Distribution Amount
23
Class B Certificate
23
Class C Certificates
23
Class C Distribution Amount
23
Class IO Interest
23
Class IO Distribution Amount
23
Class M Certificates
23
Class M-1 Certificate
24
Class M-2 Certificate
24
Class M-3 Certificate
24
Class M-4 Certificate
24
Class M-5 Certificate
24
Class M-6 Certificate
24
Class M-7 Certificate
24
Class M-8 Certificate
24
Class P Certificate
25
Class R Certificate
25
Class R-1 Interest
25
Class R-2 Interest
25
Class R-3 Interest
25
Closing Date
25
Code
25
Collateral Account
25
Collateral Value
25
 
ii

 
Commission
25
Compensating Interest
25
Corporate Trust Office
25
Corresponding Certificate
26
Countrywide
26
Credit Enhancement Percentage
26
Credit Support Annex
26
Current Report
26
Curtailment
26
Custodial Account
26
Custodian
26
Cut-off Date
26
Cut-off Date Balance
27
Defaulted Mortgage Loan
27
Defaulting Party
27
Deficient Valuation
27
Definitive Certificate
27
Deleted Mortgage Loan
27
Delinquent
27
Depositor
27
Depository
27
Depository Participant
27
Derivative Account
27
Derivative Contract
28
Derivative Termination Payment
28
Determination Date
28
Disqualified Organization
28
Distribution Date
28
Distribution Report
28
Due Date
28
Due Period
28
Eligible Account
29
Estimated Swap Termination Payment
29
Event of Default
29
Excess Proceeds
29
Exchange Act
29
Extra Principal Distribution Amount
29
Fannie Mae
29
FDIC
30
Final Scheduled Distribution Date
30
Freddie Mac
30
Gross Margin
30
Index
30
Initial Certificate Principal Balance
30
Initial Notional Amount
30
Insurance Policy
30
 
iii

 
Insurance Proceeds
30
Interest Rate Swap Agreement
30
Interest Remittance Amount
30
Late Collections
31
LIBOR
31
LIBOR Business Day
31
LIBOR Rate Adjustment Date
31
Liquidated Mortgage Loan
31
Liquidation Proceeds
31
Loan-to-Value Ratio
31
Lost Note Affidavit
31
Majority Class C Certificateholder
31
Marker Rate
31
Master Servicer
32
Master Servicer Prepayment Charge Payment Amount
32
Master Servicing Fees
32
Master Servicing Fee Rate
32
Maximum Uncertificated Accrued Interest Deferral Amount
32
MERS
33
MERS® System
33
MIN
33
MOM Loan
33
Monthly Interest Distributable Amount
33
Monthly Payment
33
Moody's
33
Mortgage
33
Mortgage File
34
Mortgage Loan
34
Mortgage Loan Purchase Agreement
34
Mortgage Loan Schedule
34
Mortgage Note
35
Mortgage Rate
35
Mortgaged Property
35
Mortgagor
35
Net Liquidation Proceeds
35
Net Monthly Excess Cashflow
36
Net Mortgage Rate
36
Net Prepayment Interest Shortfall
36
Net Swap Payment
36
Net WAC Rate
36
Net WAC Shortfall Amount
36
Net WAC Shortfall Reserve Fund
37
Net WAC Shortfall Reserve Fund Deposit
37
Nonrecoverable Advance
37
Non-United States Person
37
Notional Balance
37
 
iv

 
Officers’ Certificate
37
One Month LIBOR
37
Opinion of Counsel
38
Optional Termination Date
38
OTS
38
Outstanding Mortgage Loan
38
Overcollateralization Deficiency Amount
38
Overcollateralization Floor
38
Overcollateralization Release Amount
38
Overcollateralization Target Amount
38
Overcollateralized Amount
38
Ownership Interest
39
Pass-Through Rate
39
Percentage Interest
39
Permitted Investment
39
Permitted Transferee
41
Person
41
PMI Insurer
41
PMI Insurer Fee Rate
41
PMI Insurer Policy
41
PMI Mortgage Loan
41
Prepayment Assumption
41
Prepayment Charge
41
Prepayment Interest Excess
41
Prepayment Interest Shortfall
42
Prepayment Period
42
Primary Hazard Insurance Policy
42
Primary Insurance Policy
42
Principal Distribution Amount
42
Principal Prepayment
42
Principal Prepayment in Full
42
Principal Remittance Amount
42
Prospectus Supplement
43
Purchase Price
43
Qualified Insurer
43
Qualified Substitute Mortgage Loan
43
Rating Agency
44
Realized Loss
44
Record Date
44
Regular Certificate
44
Regulation AB
44
Relief Act
45
Relief Act Interest Shortfall
45
REMIC
45
REMIC 1
45
REMIC 1 Regular Interest
45
 
v

 
REMIC 2
46
REMIC 2 Interest Loss Allocation Amount
46
REMIC 2 Overcollateralized Amount
46
REMIC 2 Overcollateralization Target Amount
46
REMIC 2 Principal Loss Allocation Amount
46
REMIC 2 Regular Interest
46
REMIC 3
46
REMIC 3 Regular Interest
47
REMIC Provisions
47
REMIC Regular Interest
47
Remittance Report
47
REO Acquisition
47
REO Disposition
47
REO Imputed Interest
47
REO Proceeds
47
REO Property
47
Request for Release
47
Residual Certificate
47
Residual Interest
48
Responsible Officer
48
Schedule
48
Servicing Account
48
Servicing Advances
48
Servicing Criteria
48
Servicing Guide
48
Servicing Officer
48
Single Certificate
49
Sponsor
49
Standard & Poor's
49
Startup Day
49
Stated Principal Balance
49
Step-Up Date
49
Stepdown Date
49
Stepdown Target Subordination Percentage
49
Subordinate Certificates
50
Subordinate Class Principal Distribution Amount
50
Subsequent Recoveries
50
Sub-Servicer
51
Sub-Servicer Remittance Date
51
Sub-Servicing Account
51
Sub-Servicing Agreement
51
Sub-Servicing Fees
51
Sub-Servicing Fee Rate
51
Substitution Adjustment
51
Supplemental Interest Trust
51
Supplemental Interest Trust Trustee
51
 
vi

 
Swap LIBOR
52
Swap Optional Termination Payment
52
Swap Provider
52
Swap Provider Trigger Event
52
Swap Termination Payment
52
Tax Matters Person
52
Tax Returns
52
Transfer
52
Transferor
52
Trigger Event
52
Trust Fund
53
Trustee
53
Uncertificated Accrued Interest
53
Uncertificated Notional Balance
53
Uncertificated Pass-Through Rate
55
Uncertificated Principal Balance
55
Uncertificated REMIC 1 Pass-Through Rate
55
Uncertificated REMIC 2 Pass-Through Rate
56
Uninsured Cause
59
United States Person
59
Unpaid Interest Shortfall Amount
60
Voting Rights
60
Weighted Average Net Mortgage Rate
60
Section 1.02.
Determination of LIBOR.
60
Section 1.03.
Allocation of Certain Interest Shortfalls.
61
   
ARTICLE II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
62
Section 2.01.
Conveyance of Mortgage Loans.
62
Section 2.02.
Acceptance of the Trust Fund by the Trustee.
67
Section 2.03.
Representations, Warranties and Covenants of the Master Servicer and the Depositor.
68
Section 2.04.
Representations and Warranties of the Sponsor.
70
Section 2.05.
Issuance of Certificates; Conveyance of REMIC Regular Interests and Acceptance of REMIC 2 and REMIC 3 by the Trustee.
72
Section 2.06.
Purposes and Powers of the Trust.
74
   
ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND
75
Section 3.01.
Master Servicer to Act as Master Servicer.
75
Section 3.02.
Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.
77
Section 3.03.
Successor Sub-Servicers.
78
Section 3.04.
Liability of the Master Servicer.
78
Section 3.05.
No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.
79
Section 3.06.
Assumption or Termination of Sub-Servicing Agreements by Trustee.
79
 
vii

 
Section 3.07.
Collection of Certain Mortgage Loan Payments.
80
Section 3.08.
Sub-Servicing Accounts.
81
Section 3.09.
Collection of Taxes, Assessments and Similar Items; Servicing Accounts.
81
Section 3.10.
Custodial Account.
82
Section 3.11.
Permitted Withdrawals From the Custodial Account.
83
Section 3.12.
Permitted Investments.
84
Section 3.13.
Maintenance of Primary Hazard Insurance.
85
Section 3.14.
Enforcement of Due-on-Sale Clauses; Assumption Agreements.
87
Section 3.15.
Realization Upon Defaulted Mortgage Loans.
89
Section 3.16.
Trustee to Cooperate; Release of Mortgage Files.
90
Section 3.17.
Servicing Compensation.
91
Section 3.18.
Maintenance of Certain Servicing Policies.
92
Section 3.19.
Annual Statement as to Compliance.
92
Section 3.20.
Assessments of Compliance and Attestation Reports.
93
Section 3.21.
Access to Certain Documentation.
94
Section 3.22.
Title, Conservation and Disposition of REO Property.
95
Section 3.23.
Additional Obligations of the Master Servicer.
97
Section 3.24.
Additional Obligations of the Depositor.
97
Section 3.25.
Exchange Act Reporting.
98
Section 3.26.
Intention of the Parties and Interpretation.
101
Section 3.27.
Optional Purchase of Certain Mortgage Loans.
102
   
ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS
103
Section 4.01.
Distributions.
103
Section 4.02.
Statements to Certificateholders.
109
Section 4.03.
Remittance Reports; Advances by the Master Servicer.
112
Section 4.04.
Distributions on the REMIC Regular Interests.
114
Section 4.05.
Allocation of Realized Losses.
117
Section 4.06.
Information Reports to Be Filed by the Master Servicer.
119
Section 4.07.
Compliance with Withholding Requirements.
119
Section 4.08.
Net WAC Shortfall Reserve Fund.
119
Section 4.09.
Supplemental Interest Trust.
120
Section 4.10.
Tax Treatment of Class IO Distribution Amounts in the Event of Resecuritization of Class A, Class M or Class B Certificates.
123
Section 4.11.
Collateral Account.
124
   
ARTICLE V THE CERTIFICATES
125
Section 5.01.
The Certificates.
125
Section 5.02.
Registration of Transfer and Exchange of Certificates.
127
Section 5.03.
Mutilated, Destroyed, Lost or Stolen Certificates.
133
Section 5.04.
Persons Deemed Owners.
133
Section 5.05.
Rule 144A Information.
133
   
ARTICLE VI THE Depositor AND THE MASTER SERVICER
134
Section 6.01.
Liability of the Depositor and the Master Servicer.
134
 
viii

 
Section 6.02.
Merger, Consolidation or Conversion of the Depositor or the Master Servicer.
134
Section 6.03.
Limitation on Liability of the Depositor, the Master Servicer and Others.
134
Section 6.04.
Limitation on Resignation of the Master Servicer.
135
Section 6.05.
Sale and Assignment of Master Servicing.
135
   
ARTICLE VII DEFAULT
137
Section 7.01.
Events of Default.
137
Section 7.02.
Trustee to Act; Appointment of Successor.
139
Section 7.03.
Notification to Certificateholders.
140
Section 7.04.
Waiver of Events of Default.
140
Section 7.05.
List of Certificateholders.
141
   
ARTICLE VIII CONCERNING THE TRUSTEE
142
Section 8.01.
Duties of Trustee.
142
Section 8.02.
Certain Matters Affecting the Trustee.
143
Section 8.03.
Trustee Not Liable for Certificates or Mortgage Loans.
145
Section 8.04.
Trustee May Own Certificates.
145
Section 8.05.
Trustee’s Fees.
145
Section 8.06.
Eligibility Requirements for Trustee.
146
Section 8.07.
Resignation and Removal of the Trustee.
146
Section 8.08.
Successor Trustee.
147
Section 8.09.
Merger or Consolidation of Trustee.
147
Section 8.10.
Appointment of Co-Trustee or Separate Trustee.
148
   
ARTICLE IX TERMINATION
150
Section 9.01.
Termination Upon Repurchase or Liquidation of All Mortgage Loans or upon Purchase of Certificates.
150
Section 9.02.
Termination of REMIC 3 and Retirement of Class R Certificates.
153
Section 9.03.
Additional Termination Requirements.
154
   
ARTICLE X REMIC PROVISIONS
155
Section 10.01.
REMIC Administration.
155
Section 10.02.
Prohibited Transactions and Activities.
158
Section 10.03.
Master Servicer and Trustee Indemnification.
158
   
ARTICLE XI MISCELLANEOUS PROVISIONS
159
Section 11.01.
Amendment.
159
Section 11.02.
Recordation of Agreement; Counterparts.
160
Section 11.03.
Limitation on Rights of Certificateholders.
161
Section 11.04.
Governing Law.
162
Section 11.05.
Notices.
162
Section 11.06.
Severability of Provisions.
162
Section 11.07.
Successors and Assigns.
162
Section 11.08.
Article and Section Headings.
162
Section 11.09.
Notice to Rating Agencies.
163
Section 11.10.
Third Party Rights.
163

ix

Signatures
Acknowledgments
 
Exhibit A
Form of Class A Certificate
Exhibit B-1
Form of Class M Certificate
Exhibit B-2
Form of Class B Certificate
Exhibit B-3
Form of Class C Certificate
Exhibit B-4
Form of Class P Certificate
Exhibit B-5
Form of Class R Certificate
Exhibit C
Form of Trustee Initial Certification
Exhibit D
Form of Trustee Final Certification
Exhibit E
Form of Remittance Report
Exhibit F-1
Request for Release
Exhibit F-2
Request for Release for Mortgage Loans Paid in Full
Exhibit G-1
Form of Investor Representation Letter
Exhibit G-2
Form of Transferor Representation Letter
Exhibit G-3
Form of Rule 144A Investment Representation
Exhibit G-4
Transferor Certificate for Transfers of Residual Certificates
Exhibit G-5
Transfer Affidavit and Agreement for Transfers of Residual Certificates
Exhibit H
Mortgage Loan Schedule
Exhibit I
Sponsor Representations and Warranties
Exhibit J
Form of Notice Under Section 3.24
Exhibit K
Impac Funding Corporation Servicing Guide
Exhibit L-1
Form 10-K Certification
Exhibit L-2
Form 10-K Back-up Certification (Master Servicer)
Exhibit L-3
Form 10-K Back-up Certification (Trustee)
Exhibit L-4
Form of Back-up Certification to Form 10-K Certificate
Exhibit M
Form of Interest Rate Swap Agreement and Cap Contracts
Exhibit N
Servicing Criteria to be Addressed in Assessment of Compliance
Exhibit O
Form 10-D, Form 8-K and Form 10-K Reporting Responsibility
Exhibit P
[reserved]
Exhibit Q
Form of Countrywide Servicing Agreement
Exhibit R
Form of Item 1115 Agreement

This Pooling and Servicing Agreement, dated and effective as of February 1, 2007, is entered into among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”).
 
PRELIMINARY STATEMENT:
 
The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of seventeen classes of certificates, designated as (i) the Class A-1 Certificates, (ii) the Class A-2 Certificates, (iii) the Class A-3 Certificates, (iv) the Class A-M Certificates, (v) the Class M-1 Certificates, (vi) the Class M-2 Certificates, (vii) the Class M-3 Certificates, (viii) the Class M-4 Certificates, (ix) the Class M-5 Certificates, (x) the Class M-6 Certificates, (xi) the Class M-7 Certificates, (xii) the Class M-8 Certificates, (xiii) the Class B Certificates, (xiv) the Class C Certificates, (xv) the Class P Certificates and (xvi) the Class R Certificates.
x

 
REMIC 1
 
As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Net WAC Shortfall Reserve Fund, any Master Servicer Prepayment Charge Payment Amounts and, for the avoidance of doubt, the Supplemental Interest Trust, the Derivative Account, the Cap Contracts, the Collateral Account and the Interest Rate Swap Agreement) subject to this Agreement as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” The Class R-1 Interest will be the sole class of Residual Interests in REMIC 1 for purposes of the REMIC Provisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 Regular Interests (as defined herein). None of the REMIC 1 Regular Interests will be certificated.

Designation
Uncertificated
REMIC 1
Pass-Through Rate
Initial Uncertificated
Principal Balance
Latest Possible
Maturity Date (1)
1-1-A
Variable(2)
$     2,158,075.00
March 25, 2037
1-1-B
Variable(2)
$     2,158,075.00
March 25, 2037
1-2-A
Variable(2)
$     2,910,251.00
March 25, 2037
1-2-B
Variable(2)
$     2,910,251.00
March 25, 2037
1-3-A
Variable(2)
$     3,664,028.50
March 25, 2037
1-3-B
Variable(2)
$     3,664,028.50
March 25, 2037
1-4-A
Variable(2)
$     4,414,455.00
March 25, 2037
1-4-B
Variable(2)
$     4,414,455.00
March 25, 2037
1-5-A
Variable(2)
$     5,157,115.50
March 25, 2037
1-5-B
Variable(2)
$     5,157,115.50
March 25, 2037
1-6-A
Variable(2)
$     5,886,417.50
March 25, 2037
1-6-B
Variable(2)
$     5,886,417.50
March 25, 2037
1-7-A
Variable(2)
$     6,598,171.50
March 25, 2037
1-7-B
Variable(2)
$     6,598,171.50
March 25, 2037
1-8-A
Variable(2)
$     7,286,678.00
March 25, 2037
1-8-B
Variable(2)
$     7,286,678.00
March 25, 2037
1-9-A
Variable(2)
$     7,947,240.00
March 25, 2037
1-9-B
Variable(2)
$     7,947,240.00
March 25, 2037
1-10-A
Variable(2)
$     8,490,519.00
March 25, 2037
 
11

 
Designation
Uncertificated
REMIC 1
Pass-Through Rate
Initial Uncertificated
Principal Balance
Latest Possible
Maturity Date (1)
1-10-B
Variable(2)
$     8,490,519.00
March 25, 2037
1-11-A
Variable(2)
$     8,549,110.50
March 25, 2037
1-11-B
Variable(2)
$     8,549,110.50
March 25, 2037
1-12-A
Variable(2)
$     8,587,844.50
March 25, 2037
1-12-B
Variable(2)
$     8,587,844.50
March 25, 2037
1-13-A
Variable(2)
$     8,328,448.00
March 25, 2037
1-13-B
Variable(2)
$     8,328,448.00
March 25, 2037
1-14-A
Variable(2)
$     8,076,647.50
March 25, 2037
1-14-B
Variable(2)
$     8,076,647.50
March 25, 2037
1-15-A
Variable(2)
$     7,832,642.00
March 25, 2037
1-15-B
Variable(2)
$     7,832,642.00
March 25, 2037
1-16-A
Variable(2)
$     7,595,728.00
March 25, 2037
1-16-B
Variable(2)
$     7,595,728.00
March 25, 2037
1-17-A
Variable(2)
$     7,366,036.00
March 25, 2037
1-17-B
Variable(2)
$     7,366,036.00
March 25, 2037
1-18-A
Variable(2)
$     7,143,409.00
March 25, 2037
1-18-B
Variable(2)
$     7,143,409.00
March 25, 2037
1-19-A
Variable(2)
$     6,927,263.50
March 25, 2037
1-19-B
Variable(2)
$     6,927,263.50
March 25, 2037
1-20-A
Variable(2)
$     6,717,607.50
March 25, 2037
1-20-B
Variable(2)
$     6,717,607.50
March 25, 2037
1-21-A
Variable(2)
$     6,514,504.00
March 25, 2037
1-21-B
Variable(2)
$     6,514,504.00
March 25, 2037
1-22-A
Variable(2)
$     9,152,004.50
March 25, 2037
1-22-B
Variable(2)
$     9,152,004.50
March 25, 2037
1-23-A
Variable(2)
$     6,039,718.00
March 25, 2037
1-23-B
Variable(2)
$     6,039,718.00
March 25, 2037
1-24-A
Variable(2)
$   11,526,255.50
March 25, 2037
1-24-B
Variable(2)
$   11,526,255.50
March 25, 2037
1-25-A
Variable(2)
$     5,506,580.00
March 25, 2037
1-25-B
Variable(2)
$     5,506,580.00
March 25, 2037
1-26-A
Variable(2)
$     5,339,592.50
March 25, 2037
1-26-B
Variable(2)
$     5,339,592.50
March 25, 2037
1-27-A
Variable(2)
$     5,177,917.50
March 25, 2037
1-27-B
Variable(2)
$     5,177,917.50
March 25, 2037
1-28-A
Variable(2)
$     5,021,050.00
March 25, 2037
1-28-B
Variable(2)
$     5,021,050.00
March 25, 2037
1-29-A
Variable(2)
$     4,868,805.00
March 25, 2037
1-29-B
Variable(2)
$     4,868,805.00
March 25, 2037
1-30-A
Variable(2)
$     4,721,432.50
March 25, 2037
 
12

 
Designation
Uncertificated
REMIC 1
Pass-Through Rate
Initial Uncertificated
Principal Balance
Latest Possible
Maturity Date (1)
1-30-B
Variable(2)
$     4,721,432.50
March 25, 2037
1-31-A
Variable(2)
$     4,578,175.00
March 25, 2037
1-31-B
Variable(2)
$     4,578,175.00
March 25, 2037
1-32-A
Variable(2)
$     4,439,307.50
March 25, 2037
1-32-B
Variable(2)
$     4,439,307.50
March 25, 2037
1-33-A
Variable(2)
$     6,258,480.00
March 25, 2037
1-33-B
Variable(2)
$     6,258,480.00
March 25, 2037
1-34-A
Variable(2)
$     4,114,442.50
March 25, 2037
1-34-B
Variable(2)
$     4,114,442.50
March 25, 2037
1-35-A
Variable(2)
$     5,943,205.00
March 25, 2037
1-35-B
Variable(2)
$     5,943,205.00
March 25, 2037
1-36-A
Variable(2)
$   46,789,817.50
March 25, 2037
1-36-B
Variable(2)
$   46,789,817.50
March 25, 2037
1-37-A
Variable(2)
$     2,378,240.00
March 25, 2037
1-37-B
Variable(2)
$     2,378,240.00
March 25, 2037
1-38-A
Variable(2)
$     2,305,925.00
March 25, 2037
1-38-B
Variable(2)
$     2,305,925.00
March 25, 2037
1-39-A
Variable(2)
$     2,236,040.00
March 25, 2037
1-39-B
Variable(2)
$     2,236,040.00
March 25, 2037
1-40-A
Variable(2)
$     2,167,945.00
March 25, 2037
1-40-B
Variable(2)
$     2,167,945.00
March 25, 2037
1-41-A
Variable(2)
$     2,102,157.50
March 25, 2037
1-41-B
Variable(2)
$     2,102,157.50
March 25, 2037
1-42-A
Variable(2)
$     2,038,405.00
March 25, 2037
1-42-B
Variable(2)
$     2,038,405.00
March 25, 2037
1-43-A
Variable(2)
$     1,976,260.00
March 25, 2037
1-43-B
Variable(2)
$     1,976,260.00
March 25, 2037
1-44-A
Variable(2)
$     1,916,332.50
March 25, 2037
1-44-B
Variable(2)
$     1,916,332.50
March 25, 2037
1-45-A
Variable(2)
$     1,857,982.50
March 25, 2037
1-45-B
Variable(2)
$     1,857,982.50
March 25, 2037
1-46-A
Variable(2)
$     1,801,637.50
March 25, 2037
1-46-B
Variable(2)
$     1,801,637.50
March 25, 2037
1-47-A
Variable(2)
$     1,746,657.50
March 25, 2037
1-47-B
Variable(2)
$     1,746,657.50
March 25, 2037
1-48-A
Variable(2)
$     1,693,560.00
March 25, 2037
1-48-B
Variable(2)
$     1,693,560.00
March 25, 2037
1-49-A
Variable(2)
$     1,642,102.50
March 25, 2037
1-49-B
Variable(2)
$     1,642,102.50
March 25, 2037
1-50-A
Variable(2)
$     1,591,980.00
March 25, 2037
 
13

 
Designation
Uncertificated
REMIC 1
Pass-Through Rate
Initial Uncertificated
Principal Balance
Latest Possible
Maturity Date (1)
1-50-B
Variable(2)
$     1,591,980.00
March 25, 2037
1-51-A
Variable(2)
$     1,543,527.50
March 25, 2037
1-51-B
Variable(2)
$     1,543,527.50
March 25, 2037
1-52-A
Variable(2)
$     1,496,562.50
March 25, 2037
1-52-B
Variable(2)
$     1,496,562.50
March 25, 2037
1-53-A
Variable(2)
$     1,451,055.00
March 25, 2037
1-53-B
Variable(2)
$     1,451,055.00
March 25, 2037
1-54-A
Variable(2)
$     1,406,822.50
March 25, 2037
1-54-B
Variable(2)
$     1,406,822.50
March 25, 2037
1-55-A
Variable(2)
$     1,363,895.00
March 25, 2037
1-55-B
Variable(2)
$     1,363,895.00
March 25, 2037
1-56-A
Variable(2)
$     1,322,395.00
March 25, 2037
1-56-B
Variable(2)
$     1,322,395.00
March 25, 2037
1-57-A
Variable(2)
$     6,829,887.50
March 25, 2037
1-57-B
Variable(2)
$     6,829,887.50
March 25, 2037
1-58-A
Variable(2)
$   34,821,730.00
March 25, 2037
1-58-B
Variable(2)
$   34,821,730.00
March 25, 2037
P
Variable(2)
$               100.00
March 25, 2037
OC
Variable(2)
$ 309,361,016.61
March 25, 2037
___________________
(1)
For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest maturity date has been designated as the “latest possible maturity date” for each REMIC 1 Regular Interest.
(2)
Calculated in accordance with the definition of “Uncertificated REMIC 1 Pass-Through Rate” in this Agreement.
 
REMIC 2
 
As provided in this Agreement, the Trustee will make an election to treat the segregated pool of assets consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 2”. The Class R-2 Interest will represent the sole class of Residual Interests in REMIC 2 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC 2 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 2 Regular Interests (as defined herein). None of the REMIC 2 Regular Interests will be certificated.
 

14


Designation
 
Uncertificated REMIC 2 Pass-Through Rate
 
Initial Uncertificated
Principal Balance
 
Latest Possible
Maturity Date(1)
AA
 
Variable(2)
 
$  980,001,142.30
 
March 25, 2037
A-1
 
Variable(2)
 
$     3,437,880.00
 
March 25, 2037
A-2
 
Variable(2)
 
$     3,943,400.00
 
March 25, 2037
A-3
 
Variable(2)
 
$        979,720.00
 
March 25, 2037
A-M
 
Variable(2)
 
$        929,000.00
 
March 25, 2037
M-1
 
Variable(2)
 
$        135,000.00
 
March 25, 2037
M-2
 
Variable(2)
 
$        120,000.00
 
March 25, 2037
M-3
 
Variable(2)
 
$          75,000.00
 
March 25, 2037
M-4
 
Variable(2)
 
$          60,000.00
 
March 25, 2037
M-5
 
Variable(2)
 
$          50,000.00
 
March 25, 2037
M-6
 
Variable(2)
 
$          50,000.00
 
March 25, 2037
M-7
 
Variable(2)
 
$          35,000.00
 
March 25, 2037
M-8
 
Variable(2)
 
$          35,000.00
 
March 25, 2037
B
 
Variable(2)
 
$          50,000.00
 
March 25, 2037
ZZ
 
Variable(2)
 
$   10,100,023.31
 
March 25, 2037
IO
 
Variable(2)
 
        (3)
 
March 25, 2037
P
 
Variable(2)
 
$              100.00
 
March 25, 2037
___________________
(1)
For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest maturity date has been designated as the “latest possible maturity date” for each REMIC 2 Regular Interest.
(2)
Calculated in accordance with the definition of “Uncertificated REMIC 2 Pass-Through Rate” in this Agreement.
(3)
REMIC 2 Regular Interest IO will not have an Uncertificated Principal Balance but will accrue interest on its uncertificated notional amount calculated in accordance with the related definition of “Uncertificated Notional Amount” herein.

REMIC 3
 
As provided in this Agreement, the Trustee will make an election to treat the segregated pool of assets consisting of the REMIC 2 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 3”. The Class R-3 Interest will represent the sole class of Residual Interests in REMIC 3 for purposes of the REMIC Provisions.
 
The following table irrevocably sets forth the designation, the Pass-Through Rate, the Initial Certificate Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each class of Certificates and interests that represents ownership of one or more of the Regular Interests in REMIC 3 created hereunder.
 
Each Certificate, other than the Class C Certificates and the Class R Certificates, represents ownership of a Regular Interest in REMIC 3 and also represents (i) the right to receive certain amounts specified herein in respect of Net WAC Shortfall Amounts (as defined herein) and (ii) the obligation to pay Class IO Distribution Amounts (as defined herein). The entitlement to principal of the Regular Interest which corresponds to each such Certificate shall be equal in amount and timing to the entitlement to principal of such Certificate. The Class C Certificates represent ownership of a Regular Interest in REMIC 3 and also represent (i) the obligation to pay certain amounts specified herein in respect of Net WAC Shortfall Amounts and (ii) the right to receive Class IO Distribution Amounts.
15

 
Designation
 
Initial Certificate Principal Balance
 
Pass-Through Rate
 
Latest Possible Maturity Date(1)
A-1(2)
 
$          343,788,000.00
 
Variable(3)
 
March 25, 2037
A-2(2)
 
$          394,340,000.00
 
Variable(3)
 
March 25, 2037
A-3(2)
 
$            97,972,000.00
 
Variable(3)
 
March 25, 2037
A-M(2)
 
$            92,900,000.00
 
Variable(3)
 
March 25, 2037
M-1(2)
 
$            13,500,000.00
 
Variable(3)
 
March 25, 2037
M-2(2)
 
$            12,000,000.00
 
Variable(3)
 
March 25, 2037
M-3(2)
 
$              7,500,000.00
 
Variable(3)
 
March 25, 2037
M-4(2)
 
$              6,000,000.00
 
Variable(3)
 
March 25, 2037
M-5(2)
 
$              5,000,000.00
 
Variable(3)
 
March 25, 2037
M-6(2)
 
$              5,000,000.00
 
Variable(3)
 
March 25, 2037
M-7(2)
 
$              3,500,000.00
 
Variable(3)
 
March 25, 2037
M-8(2)
 
$              3,500,000.00
 
Variable(3)
 
March 25, 2037
B(2)
 
$              5,000,000.00
 
Variable(3)
 
March 25, 2037
C
 
$        10,001,165.61(4)
 
Variable(3)
 
March 25, 2037
P
 
$                        100.00
 
0.00%
 
March 25, 2037
Class IO Interest
 
(5)
 
(6)
 
March 25, 2037
___________________
(1)
For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest maturity date has been designated as the “latest possible maturity date” for each Regular Interest in REMIC 3 the ownership of which is represented by the Class A, Class B, Class M, Class C and Class P Certificates and the Class IO Interest.
(2)
This Class of Certificates represents ownership of a Regular Interest in REMIC 3. Any amount distributed on this Class of Certificates on any Distribution Date in excess of the amount distributable on the related Regular Interest in REMIC 3 on such Distribution Date shall be treated for federal income tax purposes as having been paid from the Net WAC Shortfall Reserve Fund or the Supplemental Interest Trust, as applicable, and any amount distributable on the related Regular Interest in REMIC 3 on such Distribution Date in excess of the amount distributable on such Class of Certificates on such Distribution Date shall be treated for such purposes as having been distributed to the Holders of such Certificates and then paid by such Holders to the Supplemental Interest Trust, all pursuant to and as further provided in Section 4.09 hereof.
(3)
Calculated in accordance with the definition of “Pass-Through Rate” in this Agreement. Each Regular Interest in REMIC 3 which corresponds to a Class A, Class M or Class B Certificate will have the same Pass-Through Rate as such Certificate, except with respect to the related Net WAC Rate. The Net WAC Rate for each such Regular Interest in REMIC 3 and Certificate is specified in the related definition of “Net WAC Rate .”
(4)
The Class C Certificates will not accrue interest on its Certificate Principal Balance, but will accrue interest at its variable Pass-Through Rates on its Notional Balance outstanding from time to time, which shall equal the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest P).
(5)
The Class IO Interest will not have a principal balance, but will have a notional amount equal to the Uncertificated Notional Amount of REMIC 2 Regular Interest IO.
(6)
The Class IO Interest will not have a Pass-Through Rate, but will be entitled to 100% of the amounts distributed on REMIC 2 Regular Interest IO.


16


ARTICLE I

DEFINITIONS

Section 1.01. Defined Terms.

Whenever used in this Agreement, the following words and phrases, unless the context otherwise requires, shall have the meanings specified in this Article. Unless otherwise specified, all calculations in respect of interest on the Class A, Class M and Class B Certificates shall accrue on the basis of a 360-day year and the actual number of days in the related Accrual Period. All calculations of interest on the Class C Certificates will be made on the basis of a 360-day year consisting of twelve 30-day months. The Class P and Class R Certificates do not accrue interest.

“Accrual Period”: With respect to each Class of Certificates (other than the Class C, Class P and Class R Certificates) and (i) with respect to the Distribution Date in March 2007, the period commencing on the Closing Date and ending on the day preceding the Distribution Date in March 2007, and (ii) with respect to any Distribution Date after the Distribution Date in March 2007, the period commencing on the Distribution Date in the month immediately preceding the month in which such Distribution Date occurs and ending on the day preceding such Distribution Date. With respect to the Class C Certificates and any Distribution Date, the calendar month immediately preceding such Distribution Date.

“Adjustment Date”: As to each adjustable-rate Mortgage Loan, each date set forth in the related Mortgage Note on which an adjustment to the interest rate on such Mortgage Loan becomes effective.

“Advance”: As to any Mortgage Loan, any advance made by the Sub-Servicer or Master Servicer on any Distribution Date pursuant to Section 4.03.

“Affected Party”: As defined in the Interest Rate Swap Agreement.

“Affiliate”: With respect to any Person, any other Person controlling, controlled by or under common control with such Person. For purposes of this definition, “control” means the power to direct the management and policies of a Person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and “controlling” and “controlled” shall have meanings correlative to the foregoing.

“Aggregate Stated Principal Balance”: As of any date of determination, the aggregate Stated Principal Balance of the Mortgage Loans.

“Agreement”: This Pooling and Servicing Agreement and all amendments hereof.


17


“Allocated Realized Loss Amount”: With respect to any Class of Class A, Class M and Class B Certificates and any Distribution Date, an amount equal to the sum of any Realized Loss allocated to that Class of Certificates on that Distribution Date and any Allocated Realized Loss Amount for that Class remaining unpaid from any previous Distribution Date, minus any Subsequent Recoveries applied to such Allocated Realized Loss Amount.

“Assessment of Compliance”: As defined in Section 3.20.

“Assignment”: An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the sale of the Mortgage.

“Attestation Report”: As defined in Section 3.20.

“Available Distribution Amount”: With respect to any Distribution Date, an amount equal to the amount received by the Trustee and available in the Certificate Account on that Distribution Date. The Available Distribution Amount will be equal to (i) the sum of (1) the aggregate amount of scheduled payments on the Mortgage Loans received or advanced that were due during the related Due Period and (2) any unscheduled payments and receipts, including mortgagor prepayments on such Mortgage Loans, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries, received during the related Prepayment Period, in each case net of amounts reimbursable therefrom to the Trustee, the Master Servicer, the Supplemental Interest Trust Trustee and any Sub-Servicer, minus (ii) (1) Master Servicing Fees, Subservicing Fees and any amounts needed to reimburse the Master Servicer for amounts due under the this Agreement to the extent such amounts have not been retained by, or paid previously to the Master Servicer, and any amounts in respect of the premiums payable to the PMI Insurer under the PMI Insurer Policy and (2) amounts payable by the trust to the Supplemental Interest Trust in respect of Net Swap Payments and Swap Termination Payments other than Swap Termination Payments resulting from a Swap Provider Trigger Event.

“Balloon Loan”: Each of the Mortgage Loans identified in the Mortgage Loan Schedule as having an original term to maturity that is shorter than the related amortization term.

“Balloon Payment”: With respect to any Balloon Loan, the related Monthly Payment payable on the stated maturity date of such Balloon Loan.  

“Bankruptcy Code”: The Bankruptcy Code of 1978, as amended.

“Basic Principal Distribution Amount”: With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Overcollateralization Release Amount, if any, for such Distribution Date.

“Book-Entry Certificate”: Each class of the Class A, Class M and Class B Certificates for so long as they are issued, maintained and transferred at the Depository.


18


“Business Day”: Any day other than a Saturday, a Sunday or a day on which banking institutions in California or New York (and such other state or states in which the Custodial Account or the Certificate Account are at the time located) or in the city in which the Corporate Trust Office of the Trustee is located are authorized or obligated by law or executive order to close.

“Cap Contract I”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract II”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract III”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract IV”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract V”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract VI”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract VII”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract VIII”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract IX”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.


19


“Cap Contract X”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract XI”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract XII”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract XIII”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract XIV”: The letter of agreement dated February 22, 2007, between the Cap Counterparty and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contracts”: Cap Contract I, Cap Contract II, Cap Contract III, Cap Contract IV, Cap Contract V, Cap Contract VI, Cap Contract VII, Cap Contract VIII, Cap Contract IX, Cap Contract X, Cap Contract XI, Cap Contract XII, Cap Contract XIII and Cap Contract XIV.

“Cap Counterparty”: The cap provider under each of the Cap Contracts required to make payments to the Supplemental Interest Trust for payment to the Trust Fund pursuant to the terms of the Cap Contracts, and any successor in interest or assign. Initially, the Cap Counterparty shall be Bear Stearns Financial Products Inc.

“Cash Liquidation”: As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

“Certificate”: Any Regular Certificate or Class R Certificate.

“Certificate Account”: The trust account or accounts created and maintained pursuant to Section 4.01, which shall be entitled Deutsche Bank National Trust Company, in trust for registered holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1, and which account or accounts must each be an Eligible Account.

“Certificate Account Deposit Date”: With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.


20


“Certificate Margin”: The Certificate Margin for the Class A, Class M and Class B Certificates shall be:

Certificate Margin
Class
  (1)  
  (2)  
A-1
0.060%
0.120%
A-2
0.160%
0.320%
A-3
0.240%
0.480%
A-M
0.220%
0.440%
M-1
0.270%
0.405%
M-2
0.280%
0.420%
M-3
0.310%
0.465%
M-4
0.410%
0.615%
M-5
0.430%
0.645%
M-6
0.470%
0.705%
M-7
1.150%
1.725%
M-8
1.250%
1.875%
B
1.250%
1.875%
______
(1) Initially.
(2) On and after the Step-Up Date.

“Certificate Owner”: With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Certificate, as reflected on the books of an indirect participating brokerage firm for which a Depository Participant acts as agent, if any, and otherwise on the books of a Depository Participant, if any, and otherwise on the books of the Depository.

“Certificate Principal Balance”: With respect to any Certificate (other than the Class C Certificates and Class R Certificates) as of any date of determination, the Initial Certificate Principal Balance thereof, increased by any Subsequent Recoveries allocated thereto, and reduced by the aggregate of (a) all amounts allocable to principal previously distributed with respect to such Certificate and (b) any reductions in the Certificate Principal Balance thereof deemed to have occurred in connection with allocations of Realized Losses in the manner described herein. With respect to the Class C Certificates as of any date of determination, an amount equal to the excess, if any, of (a) the then aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests over (b) the then aggregate Certificate Principal Balance of the Class A, Class M, Class B and Class P Certificates then outstanding.

“Certificate Register”: The register maintained pursuant to Section 5.02.


21


“Certificateholder” or “Holder”: The Person in whose name a Certificate is registered in the Certificate Register, except that only a Permitted Transferee shall be a holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which such Certificate is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee shall be entitled to rely upon a certification of the Depositor or the Master Servicer in determining if any Certificates are registered in the name of the respective affiliate. All references in this Agreement to “Holders” or “Certificateholders” shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified in this Agreement; provided, however, that the Trustee shall be required to recognize as a “Holder” or “Certificateholder” only the Person in whose name a Certificate is registered in the Certificate Register.

“Class”: Collectively, all of the Certificates bearing the same designation.

“Class A Certificates”: The Class A-1, Class A-2, Class A-3 and Class A-M Certificates.

“Class A-1 Certificate”: Any one of the Class A-1 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A-2 Certificate”: Any one of the Class A-2 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A-3 Certificate”: Any one of the Class A-3 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A-M Certificate”: Any one of the Class A-M Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.


22


“Class A Principal Distribution Amount”: For any Distribution Date, the excess of (1) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date, over (2) the lesser of (x) 85.80% of the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date after giving effect to distributions made on that Distribution Date and (y) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date after giving effect to distributions to be made on that Distribution Date minus the Overcollateralization Floor.

“Class B Certificate”: Any one of the Class B Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-2, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class C Certificates”: Any one of the Class C Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-3, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the obligation to pay Net WAC Shortfall Amounts and (iii) the right to receive Class IO Distribution Amounts.

“Class C Distribution Amount”: With respect to any Distribution Date, the sum of (i) the Monthly Interest Distributable Amount for the Class C Certificates for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class B and Class M Certificates on such Distribution Date; provided, however that on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class B and Class M Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralized Amount.

“Class IO Interest”: An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Supplemental Interest Trust, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

“Class IO Distribution Amount”: As defined in Section 4.09 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust with respect to the Interest Rate Swap Agreement pursuant to the fourth paragraph of Section 4.01(a) (except for the last sentence thereof) on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 4.09 hereof.

“Class M Certificates”: The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates.


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“Class M-1 Certificate”: Any one of the Class M-1 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-2 Certificate”: Any one of the Class M-2 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-3 Certificate”: Any one of the Class M-3 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-4 Certificate”: Any one of the Class M-4 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-5 Certificate”: Any one of the Class M-5 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-6 Certificate”: Any one of the Class M-6 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-7 Certificate”: Any one of the Class M-7 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-8 Certificate”: Any one of the Class M-8 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.


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“Class P Certificate”: Any one of the Class P Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-4, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3 and (ii) the right to receive any Master Servicer Prepayment Charge Payment Amounts.

“Class R Certificate”: Any one of the Class R Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-5, evidencing the ownership of the Class R-1 Interest, Class R-2 Interest and Class R-3 Interest.

“Class R-1 Interest”: The uncertificated Residual Interest in REMIC 1.

“Class R-2 Interest”: The uncertificated Residual Interest in REMIC 2.

“Class R-3 Interest”: The uncertificated Residual Interest in REMIC 3.

“Closing Date”: February 22, 2007.

“Code”: The Internal Revenue Code of 1986.

“Collateral Account”: Shall mean the segregated trust account created and maintained by the Custodian pursuant to Section 4.11 hereof.

“Collateral Value”: The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Sponsor) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Sponsor) obtained at the time of refinancing.

“Commission”: The Securities and Exchange Commission.

“Compensating Interest”: With respect to any Distribution Date, any payments made by the Sub-Servicer or the Master Servicer from its own funds to cover Prepayment Interest Shortfalls, which shall be equal to the lesser of the sum of the Master Servicing and Subservicing Fees for the related Distribution Date, and the Prepayment Interest Shortfall for such Distribution Date.

“Corporate Trust Office”: The principal corporate trust office of the Trustee at which at any particular time its corporate trust business related to this Agreement shall be administered, which office at the date of the execution of this Agreement is located at 1761 East St. Andrew Place, Santa Ana, California 92705, Attention: Corporate Trust, Impac Secured Assets Corp. Series 2007-1 (IM07S1).


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“Corresponding Certificate”: With respect to each REMIC 2 Regular Interest (other than REMIC 2 Regular Interests AA, IO and ZZ), the Certificate with the corresponding designation. With respect to each REMIC 3 Regular Interest (other than the Class IO Interest), the related Certificate representing an ownership therein.

“Countrywide”: Countrywide Home Loans Servicing LP, or its successor in interest.

“Credit Enhancement Percentage”: For any Distribution Date after the Stepdown Date, the percentage equivalent of a fraction, the numerator of which is equal to (a) the excess of (i) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over (ii) (1) before the aggregate Certificate Principal Balance of the Class A Certificates have been reduced to zero, the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account distribution of the Principal Distribution Amount for such Distribution Date), or (2) after such time, the Certificate Principal Balance of the most senior class of Subordinate Certificates outstanding (after taking into account distribution of the Principal Distribution Amount for such Distribution Date) and the denominator of which is equal to (b) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period).

“Credit Support Annex”: The credit support annex, dated as of February 22, 2007, between the Supplemental Interest Trust Trustee and Bear Stearns Financial Products Inc.

“Current Report”: The Current Report pursuant to Section 13 or 15(d) of the Exchange Act.

“Curtailment”: Any Principal Prepayment made by a Mortgagor which is not a Principal Prepayment in Full.

“Custodial Account”: The custodial account or accounts created and maintained pursuant to Section 3.10 in the name of a depository institution, as custodian for the Holders of the Certificates. Any such account or accounts shall be an Eligible Account.

“Custodian”: As defined in Section 4.11.

“Cut-off Date”: February 1, 2007.


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“Cut-off Date Balance”: The Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

“Defaulted Mortgage Loan” means any Mortgage Loan as to which the Mortgagor has failed to make unexcused three or more consecutive scheduled Monthly Payments.

“Defaulting Party”: As defined in the Interest Rate Swap Agreement.

“Deficient Valuation”: With respect to any Mortgage Loan, a valuation by a court of competent jurisdiction of the Mortgaged Property in an amount less than the then outstanding indebtedness under the Mortgage Loan, or any reduction in the amount of principal to be paid in connection with any scheduled Monthly Payment that constitutes a permanent forgiveness of principal, which valuation or reduction results from a proceeding under the Bankruptcy Code.

“Definitive Certificate”: Any definitive, fully registered Certificate.

“Deleted Mortgage Loan”: A Mortgage Loan replaced or to be replaced with a Qualified Substitute Mortgage Loan.

“Delinquent”: A Mortgage Loan is “delinquent” if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is “30 days delinquent” if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for “60 days delinquent,” “90 days delinquent” and so on.

“Depositor” Impac Secured Assets Corp., or its successor in interest.

“Depository”: The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a “clearing corporation” as defined in Section 8-102(5) of the Uniform Commercial Code of the State of New York and a “clearing agency” registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

“Depository Participant”: A broker, dealer, bank or other financial institutions or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

“Derivative Account”: As defined in Section 4.09(i).


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“Derivative Contract”: Any of the Cap Contracts or Interest Rate Swap Agreement, as applicable.

“Derivative Termination Payment”: Any termination payment due under a Derivative Contract upon the early termination of such Derivative Contract.

“Determination Date”: With respect to any Distribution Date, the 15th day of the month in which such Distribution Date occurs or, if such day is not a Business Day, on the immediately preceding Business Day.

“Disqualified Organization”: Any organization defined as a “disqualified organization” under Section 860E(e)(5) of the Code, which includes any of the following: (i) the United States, any State or political subdivision thereof, any possession of the United States, or any agency or instrumentality of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject to tax and, except for the Freddie Mac, a majority of its board of directors is not selected by such governmental unit), (ii) a foreign government, any international organization, or any agency or instrumentality of any of the foregoing, (iii) any organization (other than certain farmers' cooperatives described in Section 521 of the Code) which is exempt from the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on unrelated business taxable income), (iv) rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of the Code and (v) any other Person so designated by the Trustee based upon an Opinion of Counsel that the holding of an Ownership Interest in a Class R Certificate by such Person may cause REMIC 1, REMIC 2 or REMIC 3 or any Person having an Ownership Interest in any Class of Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would not otherwise be imposed but for the Transfer of an Ownership Interest in a Class R Certificate to such Person. The terms “United States”, “State” and “international organization” shall have the meanings set forth in Section 7701 of the Code or successor provisions.

“Distribution Date”: The 25th day of any month, or if such 25th day is not a Business Day, the Business Day immediately following such 25th day, commencing in March 2007.

“Distribution Report” The Asset-Backed Issuer Distribution Report pursuant to Section 13 or 15(d) of the Exchange Act.

“Due Date”: With respect to each Mortgage Loan, the first day of the month of the related Distribution Date.

“Due Period”: With respect to any Distribution Date, the period commencing on the second day of the month preceding the month in which such Distribution Date occurs (or, with respect to the first Due Period, the day following the Cut-off Date) and ending on the first day of the month in which such Distribution Date occurs.


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“Eligible Account”: Any of (i) a segregated account maintained with a federal or state chartered depository institution (A) the short-term obligations of which are rated A-1+ or better by Standard & Poor's and P-1 by Moody's at the time of any deposit therein or if such account is maintained with PNC Bank, National Association, rated no less than A-1 by Standard & Poor’s and no less than P-1 by Moody’s or (B) insured by the FDIC (to the limits established by such Corporation), the uninsured deposits in which account are otherwise secured such that, as evidenced by an Opinion of Counsel (obtained by the Person requesting that the account be held pursuant to this clause (ii)) delivered to the Trustee prior to the establishment of such account, the Certificateholders will have a claim with respect to the funds in such account and a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments, each of which shall mature not later than the Business Day immediately preceding the Distribution Date next following the date of investment in such collateral or the Distribution Date if such Permitted Investment is an obligation of the institution that maintains the Certificate Account, Insurance Account or Custodial Account) securing such funds that is superior to claims of any other depositors or general creditors of the depository institution with which such account is maintained, (ii) a segregated trust account or accounts maintained with a federal or state chartered depository institution or trust company subject to regulations regarding fiduciary funds on deposit similar to Title 12 of the Code of Federal Regulations Section 9.10(b), which, in either case, has corporate trust powers, acting in its fiduciary capacity or (iii) a segregated account or accounts of a depository institution acceptable to the Rating Agencies (as evidenced in writing by the Rating Agencies that use of any such account as the Custodial Account or the Certificate Account will not have an adverse effect on the then-current ratings assigned to the Classes of the Certificates then rated by the Rating Agencies). Eligible Accounts may bear interest.

“Estimated Swap Termination Payment”: As defined in the Interest Rate Swap Agreement.

“Event of Default”: One or more of the events described in Section 7.01.

“Excess Proceeds”: As defined in Section 3.22.

“Exchange Act”: The Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

“Extra Principal Distribution Amount”: With respect to any Distribution Date, the lesser of (x) the Overcollateralization Deficiency Amount for such Distribution Date and (y) the sum of (1) the Net Monthly Excess Cashflow Amount for such Distribution Date and (2) amounts available from the Supplemental Interest Trust to pay principal as provided in Section 4.01(f)(iii) hereof.

“Fannie Mae”: Fannie Mae (formerly, Federal National Mortgage Association) or any successor thereto.


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“FDIC”: Federal Deposit Insurance Corporation or any successor.

“Final Scheduled Distribution Date”: The Distribution Date occurring in March 2037.

“Freddie Mac”: Federal Home Loan Mortgage Corporation or any successor.

“Gross Margin”: With respect to any Mortgage Loan, the percentage set forth as the “Gross Margin” for such Mortgage Loan on the Mortgage Loan Schedule, as adjusted from time to time in accordance with the terms of this Agreement.

“Index”: With respect to any Mortgage Loan, the index for the adjustment of the Mortgage Rate set forth as such on the related Mortgage Note.

“Initial Certificate Principal Balance”: With respect to each Class of Regular Certificates, the Initial Certificate Principal Balance of such Class of Certificates as set forth in the Preliminary Statement hereto, or with respect to any single Certificate, the Initial Certificate Principal Balance as stated on the face thereof.

“Initial Notional Amount”: With respect to the Class C Certificates, an amount equal to the Notional Balance of the Class C Certificates, or with respect to any single Certificate, the Initial Notional Amount as stated on the face thereof.

“Insurance Policy”: With respect to any Mortgage Loan, any insurance policy (including a PMI Insurer Policy) which is required to be maintained from time to time under this Agreement in respect of such Mortgage Loan.

“Insurance Proceeds”: Proceeds paid in respect of the Mortgage Loans pursuant to any Primary Hazard Insurance Policy, any title insurance policy or any other insurance policy covering a Mortgage Loan, to the extent such proceeds are not applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that the Master Servicer would follow in servicing mortgage loans held for its own account.

“Interest Rate Swap Agreement”: An interest rate swap agreement, dated as of February 22, 2007, between the Supplemental Interest Trust, by Deutsche Bank National Trust Company, as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust, and the Swap Provider for the benefit of the Class A, Class M and Class B Certificates, together with any schedules, confirmations or other agreements relating thereto, a form of which is attached hereto as Exhibit M.

“Interest Remittance Amount”: With respect to any Distribution Date, that portion of the Available Distribution Amount for such Distribution Date that represents interest received or advanced with respect to the Mortgage Loans.


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“Late Collections”: With respect to any Mortgage Loan, all amounts received during any Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of Monthly Payments due but delinquent for a previous Due Period and not previously recovered.

“LIBOR”: With respect to any Distribution Date and the Pass-Through Rates on the Class A Certificates and Subordinate Certificates, the arithmetic mean of the London interbank offered rate quotations of reference banks (which will be selected by the Trustee after consultation with the Master Servicer) for one-month U.S. dollar deposits, expressed on a per annum basis, determined in accordance with Section 1.02.

“LIBOR Business Day”: Any day other than (i) Saturday or Sunday or (ii) a day on which banking institutions in the city of London, England and New York City are required or authorized by law to be closed.

“LIBOR Rate Adjustment Date”: With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Accrual Period.

“Liquidated Mortgage Loan”: As to any Distribution Date, any Mortgage Loan in respect of which the Master Servicer has determined, in accordance with the servicing procedures specified herein, as of the end of the related Prepayment Period, that all Liquidation Proceeds which it expects to recover with respect to the liquidation of the Mortgage Loan or disposition of the related REO Property have been recovered.

“Liquidation Proceeds”: Amounts (other than Insurance Proceeds) received by the Master Servicer in connection with the taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or in connection with the liquidation of a defaulted Mortgage Loan through trustee’s sale, foreclosure sale or otherwise, other than amounts received in respect of any REO Property.

“Loan-to-Value Ratio”: As of any date, the fraction, expressed as a percentage, the numerator of which is the current principal balance of the related Mortgage Loan at the date of determination and the denominator of which is the Collateral Value of the related Mortgaged Property.

“Lost Note Affidavit”: With respect to any Mortgage Note, an original lost note affidavit from the Sponsor stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note.

“Majority Class C Certificateholder”: The holder of a 50.01% or greater Percentage Interest of the Class C Certificates.

“Marker Rate”: With respect to the Class C Certificates and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the Uncertificated REMIC 2 Pass-Through Rates for each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate and REMIC 2 Regular Interest ZZ, with the rate on each such REMIC 2 Regular Interest (other than REMIC 2 Regular Interest ZZ) subject to a cap equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date for the purpose of this calculation, and with the rate on REMIC 2 Regular Interest ZZ subject to a cap of zero for the purpose of this calculation; provided, however, that solely for this purpose, the related cap with respect to each such REMIC 3 Regular Interest (other than REMIC 3 Regular Interest ZZ) shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period.


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“Master Servicer”: Impac Funding Corporation, or any successor master servicer appointed as herein provided.

“Master Servicer Prepayment Charge Payment Amount”: The amounts payable by the Master Servicer in respect of any waived Prepayment Charges pursuant to Section 2.03, and any amount paid to the Trust Fund by any Person to remedy any breach of any representation, warranty or covenant made with respect to the Prepayment Charges to the extent the Trust Fund, as assignee, is the beneficiary of such representation, warranty or covenant.

“Master Servicing Fees”: With respect to each Mortgage Loan, an amount, payable out of any payment of interest on the Mortgage Loan, equal to interest at the Master Servicing Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the Due Date in the calendar month preceding the month in which the payment of the Master Servicing Fee is due (alternatively, in the event such payment of interest accompanies a Principal Prepayment in part or in full made by the Mortgagor, interest for the number of days covered by such payment of interest). The Master Servicing Fee consists of servicing compensation payable to the Master Servicer in respect of its master servicing responsibilities.

“Master Servicing Fee Rate”: With respect to each Mortgage Loan, the per annum rate of 0.03%.

“Maximum Uncertificated Accrued Interest Deferral Amount”: With respect to any Distribution Date, the excess of (i) the sum of (x) the accrued interest at the Uncertificated REMIC 2 Pass-Through Rate applicable to REMIC 2 Regular Interest ZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ minus the REMIC 2 Overcollateralized Amount, in each case for such Distribution Date and (y) 1.00% of the accrued interest on REMIC 2 Regular Interest P at the applicable Uncertificated REMIC 2 Pass-Through Rate for such Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued Interest for such Distribution Date on the REMIC 2 Regular Interests for which the Class A, Class B and Class M Certificates are the Corresponding Certificates, with the rate on each such REMIC 2 Regular Interest subject to a cap equal to the lesser of (1) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (2) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date for the purpose of this calculation; provided, however, that solely for this purpose, the related cap with respect to each such REMIC 2 Regular Interest shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period.


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“MERS”: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

“MERS® System”: The system of recording transfers of Mortgages electronically maintained by MERS.

“MIN”: The Mortgage Identification Number for Mortgage Loans registered with MERS on the MERS® System.

“MOM Loan”: With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

“Monthly Interest Distributable Amount”: For any Distribution Date and each Class of Class A, Class M, Class B and Class C Certificates and Class IO Interest, the amount of interest accrued during the related Accrual Period at the related Pass-Through Rate on the Certificate Principal Balances or Notional Balances or Uncertificated Notional Amounts of such Certificates or interests immediately prior to such Distribution Date, in each case, reduced by any Prepayment Interest Shortfalls to the extent not covered by Compensating Interest payable by the Sub-Servicer or Master Servicer and any shortfalls resulting from the application of the Relief Act (in each case to the extent allocated to such Class of Certificates or interests as set forth in Section 1.03). The Monthly Interest Distributable Amount on the Class A, Class M and Class B Certificates will be calculated on the basis of the actual number of days in the related Accrual Period and a 360 day-year.

“Monthly Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of principal and interest on such Mortgage Loan which is payable by a Mortgagor from time to time under the related Mortgage Note as originally executed (after adjustment, if any, for Deficient Valuations occurring prior to such Due Date, and after any adjustment by reason of any bankruptcy or similar proceeding or any moratorium or similar waiver or grace period).

“Moody's”: Moody's Investors Service, Inc., or its successor in interest.

“Mortgage”: The mortgage, deed of trust or any other instrument securing the Mortgage Loan.


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“Mortgage File”: The mortgage documents listed in Section 2.01 pertaining to a particular Mortgage Loan and any additional documents required to be added to the Mortgage File pursuant to this Agreement and the Custodial Agreement; provided, that whenever the term “Mortgage File” is used to refer to documents actually received by the Trustee, such term shall not be deemed to include such additional documents required to be added unless they are actually so added.

“Mortgage Loan”: Each of the mortgage loans, transferred and assigned to the Trustee pursuant to Section 2.01, 2.04 or 2.06 and from time to time held in the Trust Fund (including any Qualified Substitute Mortgage Loans), the mortgage loans so transferred, assigned and held being identified in the Mortgage Loan Schedule. As used herein, the term “Mortgage Loan” includes the related Mortgage Note and Mortgage.

“Mortgage Loan Purchase Agreement”: The Mortgage Loan Purchase Agreement dated as of February 22, 2007, among Impac Funding Corporation, as sponsor, Impac Mortgage Holdings, Inc. and the Depositor, as purchaser, and all amendments thereof and supplements thereto.

“Mortgage Loan Schedule”: As of any date of determination, the schedule of Mortgage Loans included in the Trust Fund. The schedule of Mortgage Loans with accompanying information transferred on the Closing Date to the Trustee as part of the Trust Fund for the Certificates, attached hereto as Exhibit H, which list shall set forth the following information with respect to each Mortgage Loan:

(i) [reserved];

(ii) the city, state and zip code of the Mortgaged Property;

(iii) the original term to maturity;

(iv) the original principal balance and the original Mortgage Rate;

(v) the first payment date;

(vi) [reserved];

(vii) the type of Mortgaged Property;

(viii) the Monthly Payment in effect as of the Cut-off Date;

(ix) the principal balance as of the Cut-off Date;

(x) the Mortgage Rate as of the Cut-off Date;

(xi) the occupancy status;


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(xii) the purpose of the Mortgage Loan;

(xiii) the Collateral Value of the Mortgaged Property;

(xiv) the remaining term to maturity;

(xv) the paid-through date of the Mortgage Loan;

(xvi) the Master Servicing Fee Rate;

(xvii) the Sub-Servicing Fee Rate;

(xviii) the Net Mortgage Rate for the Mortgage Loan;

(xix) whether such Mortgage Loan is a PMI Mortgage Loan and, if so, the related PMI Insurer Fee Rate;

(xx) whether the Mortgage Loan is covered by a private mortgage insurance policy or an original certificate of private mortgage insurance;

(xxi) the documentation type;

(xxii) the type and term of the related Prepayment Charge, if any;

(xxiii) the Index and the Gross Margin; and

(xxiv) the Adjustment Date frequency and Distribution Date frequency.

The Mortgage Loan Schedule may be in the form of more than one schedule, collectively setting forth all of the information required.

“Mortgage Note”: The note or other evidence of the indebtedness of a Mortgagor under a Mortgage Loan.

“Mortgage Rate”: With respect to any Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan in the absence of default, as adjusted from time to time in accordance with the provisions of the Mortgage Note.

“Mortgaged Property”: The underlying property securing a Mortgage Loan.

“Mortgagor”: The obligor or obligors on a Mortgage Note.

“Net Liquidation Proceeds”: With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Master Servicing Fees, Sub-Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.


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“Net Monthly Excess Cashflow”: With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Interest Remittance Amount for such Distribution Date over (y) the aggregate Monthly Interest Distributable Amount for the Class A, Class M and Class B Certificates for such Distribution Date and any Unpaid Interest Shortfall Amount payable to the Class A Certificateholder for such Distribution Date.

“Net Mortgage Rate”: With respect to each Mortgage Loan Due Date, the then applicable Mortgage Rate thereon minus the sum of (1) the Master Servicing Fee Rate, (2) the Subservicing Fee Rate and (3) the related PMI Insurer Fee Rate, if such Mortgage Loan is a PMI Mortgage Loan.

“Net Prepayment Interest Shortfall”: With respect to any Distribution Date, the excess, if any, of any Prepayment Interest Shortfalls for such date over the related Compensating Interest.

“Net Swap Payment”: With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Interest Rate Swap Agreement by either the Swap Provider or the Supplemental Interest Trust, which net payment shall not take into account any Swap Termination Payment.

“Net WAC Rate”: With respect to the Class A, Class M and Class B Certificates and any Distribution Date, a per annum rate equal to the excess, if any, of (A) a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs over (B) the sum of (1) a per annum rate equal to the Net Swap Payment payable to the Swap Provider on such Distribution Date, divided by the outstanding Stated Principal Balance of the Mortgage Loans as of the first day of the calendar month preceding the month in which the Distribution Date occurs, multiplied by 12, and (2) a per annum rate equal to any Swap Termination Payment not due to a Swap Provider Trigger Event payable to the Swap Provider on such Distribution Date, divided by the outstanding Stated Principal Balance of the Mortgage Loans as of the first day of the calendar month preceding the month in which the Distribution Date occurs, multiplied by 12. The Net WAC Rate will be adjusted to an effective rate reflecting the accrual of interest on an actual/360 basis. With respect to any Distribution Date and the REMIC 3 Regular Interests the ownership of which is represented by the Class A, Class M and Class B Certificates, a per annum rate equal to the weighted average (adjusted for the actual number of days elapsed in the related Accrual Period) of the Uncertificated REMIC 2 Pass-Through Rates on the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest IO), weighted on the basis of the Uncertificated Principal Balances of each such REMIC 2 Regular Interest immediately prior to such Distribution Date.

“Net WAC Shortfall Amount”: With respect to any Distribution Date, the sum of (i) if the Pass-Through Rate for any of the Class A, Class M and Class B Certificates is limited to the Net WAC Rate, the excess, if any, of (a) the amount of interest such Class A, Class M and Class B Certificates would have been entitled to receive on such Distribution Date if such Net WAC Rate would not have been applicable to such Certificates, over (b) the amount of interest accrued on such Certificates at such Net WAC Rate, and (ii) the Net WAC Shortfall Amount from the prior Distribution Date not previously distributed together with interest thereon at the related Pass-Through Rate for the most recently ended Accrual Period.


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“Net WAC Shortfall Reserve Fund”: A reserve fund established by the Trustee for the benefit of the Holders of the Class A, Class M, Class B and Class C Certificates, and funded on the Closing Date by or on behalf of the Depositor with an amount equal to the Net WAC Shortfall Reserve Fund Deposit. The Net WAC Shortfall Reserve Fund is an “outside reserve fund” within the meaning of Treasury regulation Section 1.860G-2(h), which is not an asset of any REMIC, the ownership of which is evidenced by the Class C Certificates and which is established and maintained pursuant to Section 4.08.

“Net WAC Shortfall Reserve Fund Deposit”: With respect to the Net WAC Shortfall Reserve Fund, an amount equal to $5,000, which the Depositor shall fund initially pursuant to Section 4.08 hereof.

“Nonrecoverable Advance”: Any Advance or Servicing Advance previously made or proposed to be made in respect of a Mortgage Loan which, in the reasonable good faith judgment of the Master Servicer, will not or, in the case of a proposed Advance or Servicing Advance, would not be ultimately recoverable from Late Collections, Insurance Proceeds, Liquidation Proceeds or REO Proceeds. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance or Servicing Advance would constitute a Nonrecoverable Advance, shall be evidenced by a certificate of a Servicing Officer delivered to the Depositor and the Trustee.

“Non-United States Person”: Any Person other than a United States Person.

“Notional Balance”: With respect to the Class C Certificates and any Distribution Date, an amount equal to the Stated Principal Balance of the Mortgage Loans as of the related Due Date, minus the Certificate Principal Balance of the Class P Certificates. For federal income tax purposes, the Notional Balance of the Class C Certificates for any Distribution Date shall be an amount equal to the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests, other than REMIC 2 Regular Interest P, for such Distribution Date.

“Officers’ Certificate”: A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, the President or a vice president and by the Treasurer, the Secretary, or one of the assistant treasurers or assistant secretaries of the Depositor, the Sponsor, the Master Servicer or of any Sub-Servicer and delivered to the Depositor and Trustee.

“One Month LIBOR”: The London interbank offered rate for one-month United States dollar deposits, determined as described in Section 1.02 of this Agreement.


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“Opinion of Counsel”: A written opinion of counsel, who may be counsel for the Depositor, the Sponsor, or the Master Servicer, reasonably acceptable to the Trustee; except that any opinion of counsel relating to (a) the qualification of any account required to be maintained pursuant to this Agreement as an Eligible Account, (b) the qualification of REMIC 1, REMIC 2, or REMIC 3 as REMICs, (c) compliance with the REMIC Provisions or (d) resignation of the Master Servicer pursuant to Section 6.04 must be an opinion of counsel who (i) is in fact independent of the Depositor and the Master Servicer, (ii) does not have any direct financial interest or any material indirect financial interest in the Depositor or the Master Servicer or in an affiliate of either and (iii) is not connected with the Depositor or the Master Servicer as an officer, employee, director or person performing similar functions.

“Optional Termination Date”: The first Distribution Date on which the Master Servicer may opt to terminate the Trust Fund pursuant to Section 9.01.

“OTS”: Office of Thrift Supervision or any successor.

“Outstanding Mortgage Loan”: As to any Due Date, a Mortgage Loan (including an REO Property) which was not the subject of a Principal Prepayment in Full, Cash Liquidation or REO Disposition and which was not purchased prior to such Due Date pursuant to Sections 2.02, 2.04 or 3.14.

“Overcollateralization Deficiency Amount”: With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (after giving effect to distributions in respect of the Basic Principal Distribution Amount on such Distribution Date).

“Overcollateralization Floor”: With respect to any Distribution Date, 0.35% of the Cut-off Date Balance.

“Overcollateralization Release Amount”: With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal payment on such Distribution Date) over (ii) the Overcollateralization Target Amount for such Distribution Date.

“Overcollateralization Target Amount”: With respect to any Distribution Date prior to the Stepdown Date, 1.00% of the Cut-off Date Balance. With respect to any Distribution Date on or after the Stepdown Date, the greater of (x) 2.00% of the aggregate Stated Principal Balance of the Mortgage Loans and (y) the Overcollateralization Floor; provided, however, that if a Trigger Event is in effect on any Distribution Date, the Overcollateralization Target Amount will be equal to the Overcollateralization Target Amount on the prior Distribution Date.

“Overcollateralized Amount”: For any Distribution Date, the amount, if any, by which (i) the aggregate Stated Principal Balance of the Mortgage Loans (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, unscheduled collections of principal received during the related Prepayment Period and any Realized Losses on the Mortgage Loans during the related Prepayment Period), exceeds (ii) the aggregate Certificate Principal Balance of the Class A, Class M, Class B and Class P Certificates as of such Distribution Date (after giving effect to distributions to be made on such Distribution Date).


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“Ownership Interest”: As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

“Pass-Through Rate”: With respect to any Distribution Date and the Class A, Class M and Class B Certificates, the least of (x) One-Month LIBOR plus the related Certificate Margin, (y) 11.50% and (z) the Net WAC Rate.

With respect to the Class C Certificates and any Distribution Date, the sum of (x) a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amount determined for each REMIC 2 Regular Interest (other than REMIC 2 Regular Interests IO and P) equal to the product of (a) the excess, if any, of the Uncertificated REMIC 2 Pass-Through Rate for such REMIC 2 Regular Interest over the Marker Rate and (b) a notional amount equal to the Uncertificated Principal Balance of such REMIC 2 Regular Interest, and the denominator of which is the aggregate Uncertificated Principal Balance of such REMIC 2 Regular Interests, and (y) 100% of the interest distributable in respect of REMIC 2 Regular Interest P.

With respect to each of the Class P Certificates and any Distribution Date, 0.00% per annum.

With respect to the Class IO Interest and any Distribution Date, 100% of the amounts distributable to REMIC 2 Regular Interest IO for such Distribution Date.

“Percentage Interest”: With respect to any Regular Certificate, the undivided percentage ownership interest in the related Class evidenced by such Certificate, which percentage ownership interest shall be equal to the Initial Certificate Principal Balance thereof divided by the aggregate Initial Certificate Principal Balance of all of the Certificates of the same Class. With respect to any Class R Certificate, the interest in distributions to be made with respect to such Class evidenced thereby, expressed as a percentage, as stated on the face of each such Certificate.

“Permitted Investment”: One or more of the following:

(i) obligations of or guaranteed as to principal and interest by the United States or any agency or instrumentality thereof when such obligations are backed by the full faith and credit of the United States;


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(ii) repurchase agreements on obligations specified in clause (i) maturing not more than one month from the date of acquisition thereof, provided that the unsecured obligations of the party agreeing to repurchase such obligations are at the time rated by each Rating Agency in its highest short-term rating available, provided, however, that such repurchase agreements are treated as financings under generally accepted accounting principles (“GAAP”);

(iii) federal funds, certificates of deposit, demand deposits, time deposits and bankers' acceptances (which shall each have an original maturity of not more than 90 days and, in the case of bankers' acceptances, shall in no event have an original maturity of more than 365 days or a remaining maturity of more than 30 days) denominated in United States dollars of any U.S. depository institution or trust company incorporated under the laws of the United States or any state thereof or of any domestic branch of a foreign depository institution or trust company; provided that the debt obligations of such depository institution or trust company (or, if the only Rating Agency is Standard & Poor's, in the case of the principal depository institution in a depository institution holding company, debt obligations of the depository institution holding company) at the date of acquisition thereof have been rated by each Rating Agency in its highest short-term rating available; and provided further that, if the only Rating Agency is Standard & Poor's and if the depository or trust company is a principal subsidiary of a bank holding company and the debt obligations of such subsidiary are not separately rated, the applicable rating shall be that of the bank holding company; and, provided further that, if the original maturity of such short-term obligations of a domestic branch of a foreign depository institution or trust company shall exceed 30 days, the short-term rating of such institution shall be A-1+ in the case of Standard & Poor's if Standard & Poor's is the Rating Agency;

(iv) commercial paper (having original maturities of not more than 365 days) of any corporation incorporated under the laws of the United States or any state thereof which on the date of acquisition has been rated by Moody's and Standard & Poor's in their highest short-term ratings available; provided that such commercial paper shall have a remaining maturity of not more than 30 days;

(v) a money market fund or a qualified investment fund rated by Moody's in its highest long-term ratings available or rated AAAm or AAAm-G by Standard & Poor's, including any such funds for which Deutsche Bank National Trust Company or any affiliate thereof serves as an investment advisor, manager, administrator, shareholder, servicing agent, and/or custodian or sub-custodian; and

(vi) other obligations or securities that are acceptable to each Rating Agency as a Permitted Investment hereunder and will not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency, as evidenced in writing;


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provided, however, that no instrument shall be a Permitted Investment if it represents, either (1) the right to receive only interest payments with respect to the underlying debt instrument or (2) the right to receive both principal and interest payments derived from obligations underlying such instrument and the principal and interest payments with respect to such instrument provide a yield to maturity greater than 120% of the yield to maturity at par of such underlying obligations.

To the extent that the Trustee receives any materials in connection with the holding of any Permitted Investment which require the holder to vote, the Trustee shall not exercise its voting rights.

Permitted Investments shall not be sold prior to maturity, except that a money market fund or qualified investment fund may be liquidated at any time.

“Permitted Transferee”: Any transferee of a Residual Certificate other than a Disqualified Organization, a Non-United States Person or an “electing large partnership” (as defined in Section 775 of the Code).

“Person”: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

“PMI Insurer”: Any provider of primary mortgage insurance under a PMI Insurer Policy.

“PMI Insurer Fee Rate”: With respect to each PMI Mortgage Loan, the per annum rate payable to the applicable PMI Insurer under the related PMI Insurer Policy.

“PMI Insurer Policy”: The lender-paid primary mortgage insurance policy issued by the PMI Insurer in accordance with a letter between the Sponsor and any PMI Insurer.

“PMI Mortgage Loan”: Any mortgage loan covered by the PMI Insurer Policy.

“Prepayment Assumption”: As defined in the Prospectus Supplement.

“Prepayment Charge”: With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan in accordance with the terms thereof (other than any Master Servicer Prepayment Charge Payment Amount).

“Prepayment Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan that was the subject of a Principal Prepayment during the portion of the Prepayment Period from the related Due Date to the end of such Prepayment Period, any payment of interest received in connection therewith (net of any applicable Servicing Fee) representing interest accrued for any portion of such month of receipt.


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“Prepayment Interest Shortfall”: As to any Distribution Date and any Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was the subject of (a) a Principal Prepayment in Full during the related Prepayment Period, an amount equal to the excess of one month’s interest at the Net Mortgage Rate on the Stated Principal Balance of such Mortgage Loan over the amount of interest (adjusted to the Net Mortgage Rate) paid by the Mortgagor for such Prepayment Period to the date of such Principal Prepayment in Full or (b) a Curtailment during the prior calendar month, an amount equal to one month’s interest at the Net Mortgage Rate on the amount of such Curtailment.

“Prepayment Period”: With respect to any Distribution Date, the period between the 16th of the month prior to such Distribution Date and the 15th of the current month, except the initial Prepayment Period will run from February 1, 2007 through March 15, 2007.

“Primary Hazard Insurance Policy”: Each primary hazard insurance policy required to be maintained pursuant to Section 3.13.

“Primary Insurance Policy”: Any primary policy of mortgage guaranty insurance including the PMI Insurer Policy, or any replacement policy therefor.

“Principal Distribution Amount”: With respect to any Distribution Date, an amount equal to the sum of the Basic Principal Distribution Amount plus the Extra Principal Distribution Amount.

“Principal Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan which is received in advance of its scheduled Due Date and which is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

“Principal Prepayment in Full”: Any Principal Prepayment made by a Mortgagor of the entire unpaid principal balance of the Mortgage Loan.

“Principal Remittance Amount”: With respect to any Distribution Date, the sum of the following from the Available Distribution Amount: (i) each scheduled payment of principal collected or advanced on the Mortgage Loans by the Master Servicer that were due during the related Due Period, (ii) the principal portion of all partial and full Principal Prepayments of the Mortgage Loans applied by the Master Servicer during the related Prepayment Period, (iii) the principal portion of all Net Liquidation Proceeds, REO Proceeds, Insurance Proceeds, and Subsequent Recoveries received during the related Prepayment Period, (iv) the principal portion of proceeds of Mortgage Loan purchases made pursuant to Section 2.02, 2.04, 3.14 or 3.27, in each case received or made during the related Prepayment Period, (v) the principal portion of any related Substitution Adjustments deposited in the Custodial Account during the related Prepayment Period and (vi) on the Distribution Date on which the Trust Fund is to be terminated pursuant to Section 9.01, the principal portion of the termination price received from the Master Servicer in connection with a termination of the Trust Fund to occur on such Distribution Date.


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“Prospectus Supplement”: That certain Prospectus Supplement dated February 21, 2007 relating to the public offering of the Class A Certificates and Class M Certificates.

“Purchase Price”: With respect to any Mortgage Loan (or REO Property) required to be purchased pursuant to Section 2.02, 2.04, 3.14 or 3.27, an amount equal to the sum of (i) 100% of the Stated Principal Balance thereof, (ii) unpaid accrued interest (or REO Imputed Interest) at the applicable Net Mortgage Rate on the Stated Principal Balance thereof outstanding during each Due Period that such interest was not paid or advanced, from the date through which interest was last paid by the Mortgagor or advanced and distributed to Certificateholders together with unpaid Master Servicing Fees, Sub-Servicing Fees and, if such Mortgage Loan is a PMI Mortgage Loan, fees due the PMI Insurer at the PMI Insurer Fee Rate, from the date through which interest was last paid by the Mortgagor, in each case to the first day of the month in which such Purchase Price is to be distributed, (iii) the aggregate of all Advances and Servicing Advances made in respect thereof that were not previously reimbursed and (iv) costs and damages incurred by the Trust Fund in connection with a repurchase pursuant to Section 2.04 hereof that arises out of a violation of any anti-predatory lending law which also constitutes an actual breach of representations (xii), (xxxv), (xxxiii), (xxxviii), (xxxix) or (xliii) of Section 3.1(b) of the Mortgage Loan Purchase Agreement.

“Qualified Insurer”: Any insurance company duly qualified as such under the laws of the state or states in which the related Mortgaged Property or Mortgaged Properties is or are located, duly authorized and licensed in such state or states to transact the type of insurance business in which it is engaged and approved as an insurer by the Master Servicer, so long as the claims paying ability of which is acceptable to the Rating Agencies for pass-through certificates having the same rating as the Certificates rated by the Rating Agencies as of the Closing Date.

“Qualified Substitute Mortgage Loan”: A Mortgage Loan substituted by the Depositor for a Deleted Mortgage Loan which must, on the date of such substitution, as confirmed in an Officers’ Certificate of the Sponsor delivered to the Trustee, (i) have an outstanding principal balance, after deduction of the principal portion of the monthly payment due in the month of substitution (or in the case of a substitution of more than one Mortgage Loan for a Deleted Mortgage Loan, an aggregate outstanding principal balance, after such deduction), not in excess of the Stated Principal Balance of the Deleted Mortgage Loan (the amount of any shortfall to be paid to the Master Servicer for deposit in the Custodial Account in the month of substitution); (ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and not more than 1% per annum higher than the Mortgage Rate and Net Mortgage Rate, respectively, of the Deleted Mortgage Loan as of the date of substitution; (iii) have a Loan-to-Value Ratio at the time of substitution no higher than that of the Deleted Mortgage Loan at the time of substitution; (iv) have a remaining term to stated maturity not greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Section 2.04 hereof; and, (vi) comply with each non-statistical representation and warranty set forth in the Mortgage Loan Purchase Agreement.


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“Rating Agency”: Standard & Poor's or Moody's and each of their successors. If such agencies and their successors are no longer in existence, “Rating Agency” shall be such nationally recognized statistical rating agency, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee and Master Servicer. References herein to the two highest long term debt rating of a Rating Agency shall mean “AA” or better in the case of Standard & Poor's and “Aa2” or better in the case of Moody's and references herein to the highest short-term debt rating of a Rating Agency shall mean “A-1+” in the case of Standard & Poor's and “P-1” in the case of Moody's, and in the case of any other Rating Agency such references shall mean such rating categories without regard to any plus or minus.

“Realized Loss”: With respect to each Mortgage Loan or REO Property as to which a Cash Liquidation or REO Disposition has occurred, an amount (not less than zero) equal to (i) the Stated Principal Balance of the Mortgage Loan as of the date of Cash Liquidation or REO Disposition, plus (ii) interest (and REO Imputed Interest, if any) at the Net Mortgage Rate from the Due Date as to which interest was last paid or advanced to Certificateholders up to the date of the Cash Liquidation or REO Disposition on the Stated Principal Balance of such Mortgage Loan outstanding during each Due Period that such interest was not paid or advanced, minus (iii) the proceeds, if any, received during the month in which such Cash Liquidation or REO Disposition occurred, to the extent applied as recoveries of interest at the Net Mortgage Rate and to principal of the Mortgage Loan, net of the portion thereof reimbursable to the Master Servicer or any Sub-Servicer with respect to Advances or Servicing Advances not previously reimbursed. With respect to each Mortgage Loan which has become the subject of a Deficient Valuation, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation.

“Record Date”: With respect to each Distribution Date and the Class A, Class M and Class B Certificates, so long as such Certificates are Book-Entry Certificates, the Business Day prior to such Distribution Date. With respect to any Class A, Class M and Class B Certificates which are not Book-Entry Certificates, the close of business on the last Business Day of the month preceding the month in which such Distribution Date occurs.

“Regular Certificate”: Any of the Certificates other than the Class R Certificates.

“Regulation AB” Subpart 229,1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan.7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.


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“Relief Act”: The Servicemembers Relief Act, as amended, and similar legislation or regulations.

“Relief Act Interest Shortfall”: With respect to any Distribution Date, for any Mortgage Loan with respect to which there has been a reduction in the amount of interest collectible thereon for the most recently ended Due Period as a result of the application of the Relief Act, the amount by which (i) interest collectible on such Mortgage Loan during such Due Period is less than (ii) one month's interest on the Stated Principal Balance of such Mortgage Loan at the Loan Rate for such Mortgage Loan before giving effect to the application of the Relief Act.

“REMIC”: A “real estate mortgage investment conduit” within the meaning of Section 860D of the Code.

“REMIC 1”: The segregated pool of assets subject hereto (exclusive of any Net WAC Shortfall Reserve Fund, any Master Servicer Prepayment Charge Payment Amounts and, for the avoidance of doubt, any Supplemental Interest Trust, the Derivative Account, the Cap Contracts, the Collateral Account and the Interest Rate Swap Agreement) with respect to which a REMIC election is to be made, conveyed in trust to the Trustee, for the benefit of the holders of the REMIC 1 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-1 Interest), consisting of: (i) each Mortgage Loan (exclusive of payments of principal and interest due on or before the Cut-off Date, if any, received by the Master Servicer, which shall not constitute an asset of the Trust Fund) as from time to time are subject to this Agreement and all payments under and proceeds of such Mortgage Loans (exclusive of any late payment charges received on the Mortgage Loans), together with all documents included in the related Mortgage File, subject to Section 2.01; (ii) such funds or assets as from time to time are deposited in the Custodial Account or the Certificate Account and belonging to the Trust Fund; (iii) any REO Property; (iv) the Primary Hazard Insurance Policies, if any, the Primary Insurance Policies, if any, and all other Insurance Policies with respect to such Mortgage Loans; and (v) the Depositor’s interest in respect of the representations and warranties made by the Sponsor in the Mortgage Loan Purchase Agreement as assigned to the Trustee pursuant to Section 2.04 hereof.

“REMIC 1 Regular Interest”: Any of the separate non-certificated beneficial ownership interests in REMIC 1 issued hereunder and designated as a Regular Interest in REMIC 1. Each REMIC 1 Regular Interest shall accrue interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC 1 Regular Interests are set forth in the Preliminary Statement hereto. The REMIC 1 Regular Interests consist of REMIC 1 Regular Interests 1-1-A through REMIC 1 Regular Interest 1-58-B, REMIC 1 Regular Interest OC and REMIC 1 Regular Interest P, each as designated in the Preliminary Statement hereto.


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“REMIC 2”: The segregated pool of assets consisting of all of the REMIC 1 Regular Interests conveyed in trust to the Trustee, for the benefit of the holders of the REMIC 2 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-2 Interest), pursuant to Article II hereunder, with respect to which a separate REMIC election is to be made.

“REMIC 2 Interest Loss Allocation Amount”: With respect to any Distribution Date, an amount (subject to adjustment based on the actual number of days elapsed in the respective Accrual Period) equal to (a) the sum of (x) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and the REO Properties then outstanding, minus the Certificate Principal Balance of the Class P Certificates, and (ii) the Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest AA minus the Marker Rate, and (y) the accrued interest on REMIC 2 Regular Interest P, divided by (b) 12.

“REMIC 2 Overcollateralized Amount”: With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests, other than REMIC 2 Regular Interest P, minus (ii) the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate, in each case, as of such date of determination.

“REMIC 2 Overcollateralization Target Amount”: 1.00% of the Overcollateralization Target Amount.

“REMIC 2 Principal Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and the REO Properties then outstanding, minus the Certificate Principal Balance of the Class P Certificates, and (ii) 1 minus a fraction, the numerator of which is two (2) times the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and the denominator of which is the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and REMIC 2 Regular Interest ZZ.

“REMIC 2 Regular Interest”: Any of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and (except for the REMIC 2 Regular Interests IO) shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC 2 Regular Interests are set forth in the Preliminary Statement hereto.

“REMIC 3”: The segregated pool of assets consisting of all of the REMIC 2 Regular Interests conveyed in trust to the Trustee, for the benefit of the holders of the Regular 3 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-3 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.


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“REMIC 3 Regular Interest”: The Class IO Interest or any Regular Interest in REMIC 3 the ownership of which is represented by any of the Regular Certificates.

“REMIC Provisions”: Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at Sections 860A through 860G of Subchapter M of Chapter 1 of the Code, and related provisions, and proposed, temporary and final regulations and published rulings, notices and announcements promulgated thereunder, as the foregoing may be in effect from time to time.

“REMIC Regular Interest”: A REMIC 1 Regular Interest or REMIC 2 Regular Interest.

“Remittance Report”: A report prepared by the Master Servicer providing the information set forth in Exhibit E attached hereto.

“REO Acquisition”: The acquisition by the Master Servicer on behalf of the Trustee for the benefit of the Certificateholders of any REO Property pursuant to Section 3.15.

“REO Disposition”: The receipt by the Master Servicer of Insurance Proceeds, Liquidation Proceeds and other payments and recoveries (including proceeds of a final sale) which the Master Servicer expects to be finally recoverable from the sale or other disposition of the REO Property.

“REO Imputed Interest”: As to any REO Property, for any period, an amount equivalent to interest (at the Mortgage Rate that would have been applicable to the related Mortgage Loan had it been outstanding) on the unpaid principal balance of the Mortgage Loan as of the date of acquisition thereof (as such balance is reduced pursuant to Section 3.15 by any income from the REO Property treated as a recovery of principal).

“REO Proceeds”: Proceeds, net of directly related expenses, received in respect of any REO Property (including, without limitation, proceeds from the rental of the related Mortgaged Property and of any REO Disposition), which proceeds are required to be deposited into the Custodial Account as and when received.

“REO Property”: A Mortgaged Property acquired by the Master Servicer on behalf of the Trust Fund through foreclosure or deed-in-lieu of foreclosure in connection with a defaulted Mortgage Loan.

“Request for Release”: A release signed by a Servicing Officer, in the form of Exhibits F-1 or F-2 attached hereto.

“Residual Certificate”: Any of the Class R Certificates.


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“Residual Interest”: The sole class of “residual interests” in a REMIC within the meaning of Section 860G(a)(2) of the Code.

“Responsible Officer”: When used with respect to the Trustee, the Chairman or Vice Chairman of the Board of Directors or Trustees, the Chairman or Vice Chairman of the Executive or Standing Committee of the Board of Directors or Trustees, the President, the Chairman of the Committee on Trust Matters, any vice president, any assistant vice president, the Secretary, any assistant secretary, the Treasurer, any assistant treasurer, any trust officer or assistant trust officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer's knowledge of and familiarity with the particular subject.

“Schedule”: The ISDA schedule, dated as of February 22, 2007, between the Supplemental Interest Trust Trustee and the Swap Provider.

“Servicing Account”: The account or accounts created and maintained pursuant to Section 3.09.

“Servicing Advances”: All customary, reasonable and necessary “out of pocket” costs and expenses incurred in connection with a default, delinquency or other unanticipated event in the performance by the Master Servicer or any Sub-Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any enforcement or judicial proceedings, including foreclosures, including any expenses incurred in relation to any such proceedings that result from the Mortgage Loan being registered on the MERS System, (iii) the management and liquidation of any REO Property, including reasonable fees paid to any independent contractor in connection therewith, and (iv) compliance with the obligations under the second paragraph of Section 3.01, Section 3.09 and Section 3.13 (other than any deductible described in the last paragraph thereof).

“Servicing Criteria” The “servicing criteria” set forth in Item 1122(d) of Regulation AB, as such may be amended from time to time, or those Servicing Criteria otherwise mutually agreed to by Sponsor, the Master Servicer and the applicable Sub-Servicer in response to evolving interpretations of Regulation AB and incorporated into a revised Exhibit N.

“Servicing Guide”: The Impac Funding Corporation Servicing Guide attached hereto as Exhibit K.

“Servicing Officer”: Any officer of the Master Servicer involved in, or responsible for, the administration and servicing of the Mortgage Loans, whose name and specimen signature appear on a list of servicing officers furnished to the Trustee by the Master Servicer, as such list may from time to time be amended.


48


“Single Certificate”: A Regular Certificate of any Class (other than a Class P Certificate) evidencing an Initial Certificate Principal Balance of $1,000, or, in the case of a Class P Certificate, a Certificate of such Class evidencing an Initial Certificate Principal Balance of $100.

“Sponsor”: Impac Funding Corporation, or its successor in interest, in its capacity as seller under the Mortgage Loan Purchase Agreement.

“Standard & Poor’s”: Standard & Poor's Ratings Services, a division of The McGraw Hill Companies, Inc., or its successor in interest.

“Startup Day”: The day designated as such pursuant to Article X hereof.

“Stated Principal Balance”: With respect to any Mortgage Loan or related REO Property at any given time, (i) the principal balance of the Mortgage Loan outstanding as of the Cut-off Date, after application of principal payments due on or before such date, whether or not received, minus (ii) the sum of (a) the principal portion of the Monthly Payments due with respect to such Mortgage Loan or REO Property during each Due Period ending prior to the most recent Distribution Date which were received or with respect to which an Advance was made, and (b) all Principal Prepayments with respect to such Mortgage Loan or REO Property, and all Insurance Proceeds, Liquidation Proceeds and REO Proceeds to the extent applied by the Master Servicer as recoveries of principal in accordance with Section 3.15 with respect to such Mortgage Loan or REO Property, which were distributed pursuant to Section 4.01 on any previous Distribution Date, and (c) any Realized Loss with respect thereto allocated pursuant to Section 4.05 for any previous Distribution Date.

“Step-Up Date”: The Distribution Date immediately following the first Distribution Date in which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust has been reduced to less than or equal to 10% of the Cut-off Date Balance.

“Stepdown Date”: The earlier of (i) the first Distribution Date immediately following the Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero and (ii) the later to occur of (x) the Distribution Date occurring in March 2010 and (y) the first Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates (calculated for this purpose only after taking into account the receipt of principal on the Mortgage Loans, but prior to any distribution of principal to the holders of the Certificates) is less than or equal to approximately 85.80% of the aggregate principal balance of the Mortgage Loans, calculated after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period.

“Stepdown Target Subordination Percentage”: For each class of Subordinate Certificates, the respective percentages indicated in the following table:


49



 
Stepdown Target
Subordination
Percentage
Class M-1
11.50%
Class M-2
9.10%
Class M-3
7.60%
Class M-4
6.40%
Class M-5
5.40%
Class M-6
4.40%
Class M-7
3.70%
Class M-8
3.00%
Class B
2.00%

“Subordinate Certificates”: The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates.

“Subordinate Class Principal Distribution Amount”: For any class of Subordinate Certificates and any Distribution Date, the excess of (1) the sum of (a) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account distribution of the Class A Principal Distribution Amount for such Distribution Date), (b) the aggregate Certificate Principal Balance of any class(es) of Subordinate Certificates that are senior to the subject class (in each case, after taking into account distribution of the Subordinate Class Principal Distribution Amount(s) for such senior class(es) of Certificates for such Distribution Date) and (c) the Certificate Principal Balance of the subject class of Subordinate Certificates immediately prior to such Distribution Date over (2) the lesser of (a) the product of (x) 100% minus the Stepdown Target Subordination Percentage for the subject class of Certificates and (y) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (b) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date minus the Overcollateralization Floor; provided, however, that if such class of Subordinate Certificates is the only class of Subordinate Certificates outstanding on such Distribution Date, that class will be entitled to receive the entire remaining Principal Distribution Amount until the Certificate Principal Balance thereof is reduced to zero.

“Subsequent Recoveries”: Any Liquidation Proceeds (net of amounts owed to the Master Servicer or any Sub-Servicer with respect to the related Mortgage Loan) received after the final liquidation of a Mortgage Loan. If Subsequent Recoveries are received, they will be included as part of the Principal Remittance Amount for the following Distribution Date and distributed in accordance with the priorities described in Section 4.01 of this Agreement. In addition, after giving effect to all distributions on a Distribution Date, if any Allocated Realized Loss Amounts are outstanding, the Allocated Realized Loss Amount for the class of Class A, Class M and Class B Certificates then outstanding with the highest distribution priority will be decreased by the amount of such Subsequent Recoveries until reduced to zero (with any remaining Subsequent Recoveries applied to reduce the Allocated Realized Loss Amount of the class with the next highest distribution priority), and the Certificate Principal Balance of such class or classes of Class A, Class M and Class B Certificates will be increased by the same amount. Thereafter, such class or classes of Class A, Class M and Class B Certificates will accrue interest on the increased Certificate Principal Balance.


50


“Sub-Servicer”: Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

“Sub-Servicer Remittance Date”: With respect to any Mortgage Loan subserviced by Countrywide, the 21st day of each month, or if such day is not a Business Day, the immediately preceding Business Day.

“Sub-Servicing Account”: An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

“Sub-Servicing Agreement”: The written contract between the Master Servicer and a Sub-Servicer and any successor Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

“Sub-Servicing Fees”: With respect to each Mortgage Loan, accrued interest at the Sub-Servicing Fee Rate with respect to the Mortgage Loan on the same principal balance on which interest on the Mortgage Loan accrues for the calendar month. The Sub-Servicing Fees consist of subservicing and other related compensation payable to the related Sub-Servicer or to the Master Servicer if the Master Servicer is directly servicing the loan.

“Sub-Servicing Fee Rate”: On each adjustable rate Mortgage Loan, a rate equal to 0.375% per annum. On each fixed rate first lien Mortgage Loan, a rate equal to 0.250% per annum. On each fixed rate second lien Mortgage Loan, a rate equal to 0.500% per annum.

“Substitution Adjustment”: As defined in Section 2.04 hereof.

“Supplemental Interest Trust”: The corpus of a trust created pursuant to Section 4.09 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Interest Rate Swap Agreement, the Cap Contracts, the Class IO Interest, the Collateral Account and the Derivative Account. For the avoidance of doubt, the Supplemental Interest Trust does not constitute a part of the Trust Fund.

“Supplemental Interest Trust Trustee”: Deutsche Bank National Trust Company, or its successor in interest, or any successor trustee appointed as herein provided.


51


“Swap LIBOR”: LIBOR as determined pursuant to each Interest Rate Swap Agreement.

“Swap Optional Termination Payment”: As defined in Section 9.01(b) hereof.

“Swap Provider”: The swap provider under the Interest Rate Swap Agreement, and any successor in interest or assign. Initially, the Swap Provider shall be Bear Stearns Financial Products Inc.

“Swap Provider Trigger Event”: With respect to any Distribution Date, (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party, (ii) a Termination Event under the related Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party, or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

“Swap Termination Payment”: Upon the designation of an “Early Termination Date” as defined in the Interest Rate Swap Agreement, the payment to be made by the Supplemental Interest Trust to the Swap Provider or by the Swap Provider to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Interest Rate Swap Agreement.

“Tax Matters Person”: The person designated as “tax matters person” in the manner provided under Treasury Regulation Sections 1.860F-4(d) and 301.6231(a)(7)-1T. The Holder of the greatest Percentage Interest in a class of Residual Interests in a REMIC shall be the Tax Matters Person for the related REMIC. The Trustee, or any successor thereto or assignee thereof, shall serve as tax administrator hereunder and as agent for the related Tax Matters Person.

“Tax Returns”: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of REMIC 1, REMIC 2 and REMIC 3 due to their classification as REMICs under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

“Transfer”: Any direct or indirect transfer, sale, pledge, hypothecation or other form of assignment of any Ownership Interest in a Certificate.

“Transferor”: Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

“Trigger Event”: A Trigger Event is in effect with respect to any Distribution Date with respect to the Mortgage Loans if:


52


(1) the average three-month rolling percentage obtained by dividing (x) Aggregate Stated Principal Balance of Mortgage Loans that are 60 or more days delinquent (including for this purpose any such Mortgage Loans in foreclosure, Mortgage Loans with respect to which the related Mortgaged Property has been acquired by the trust, and Mortgage Loans discharged due to bankruptcy) by (y) the Aggregate Stated Principal Balance of the Mortgage Loans, in each case, as of the last day of the previous calendar month, exceeds 43.25% multiplied by the Credit Enhancement Percentage; or

(2) the cumulative amount of Realized Losses incurred on the mortgage loans from the Cut-off Date through the end of the calendar month immediately preceding such Distribution Date divided by the Cut-off Date Balance of the mortgage loans exceeds (i) 0.30% with respect to the Distribution Date occurring in March 2009, plus an additional 1/12th of 0.45% for each month thereafter up to and including the Distribution Date in February 2010, (ii) 0.75% with respect to the Distribution Date occurring in March 2010, plus an additional 1/12th of 0.50% for each month thereafter up to and including the Distribution Date in February 2011, (iii) 1.25% with respect to the Distribution Date occurring in March 2011, plus an additional 1/12th of 0.55% for each month thereafter up to and including the Distribution Date in February 2012, (iv) 1.80% with respect to the Distribution Date occurring in March 2012, plus an additional 1/12th of 0.30% for each month thereafter up to and including the Distribution Date in February 2013, (v) 2.10% with respect to the Distribution Date occurring in March 2013, plus an additional 1/12th of 0.05% for each month thereafter up to and including the Distribution Date in February 2014 and (vi) 2.15% with respect to any Distribution Date occurring in March 2014 and thereafter

For purposes of the foregoing calculation, a Mortgage Loan is considered “60 days” delinquent if a payment due on the first day of a month has not been received by the second day of the second following month.

“Trust Fund”: REMIC 1, REMIC 2, REMIC 3, the Net WAC Shortfall Reserve Fund and Master Servicer Prepayment Charge Payment Amounts.

“Trustee”: Deutsche Bank National Trust Company, or its successor in interest, or any successor trustee appointed as herein provided.

“Uncertificated Accrued Interest”: With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month's interest at the related Uncertificated Pass-Through Rate on the Uncertificated Principal Balance or Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.03).

“Uncertificated Notional Balance”: With respect to REMIC 2 Regular Interest IO and each Distribution Date listed below, the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests ending with the designation “A” listed below:


53



Distribution
Date
REMIC 1 Regular Interests
1
1-1-A through 1-58-A
2
1-2-A through 1-58-A
3
1-3-A through 1-58-A
4
1-4-A through 1-58-A
5
1-5-A through 1-58-A
6
1-6-A through 1-58-A
7
1-7-A through 1-58-A
8
1-8-A through 1-58-A
9
1-9-A through 1-58-A
10
1-10-A through 1-58-A
11
1-11-A through 1-58-A
12
1-12-A through 1-58-A
13
1-13-A through 1-58-A
14
1-14-A through 1-58-A
15
1-15-A through 1-58-A
16
1-16-A through 1-58-A
17
1-17-A through 1-58-A
18
1-18-A through 1-58-A
19
1-19-A through 1-58-A
20
1-20-A through 1-58-A
21
1-21-A through 1-58-A
22
1-22-A through 1-58-A
23
1-23-A through 1-58-A
24
1-24-A through 1-58-A
25
1-25-A through 1-58-A
26
1-26-A through 1-58-A
27
1-27-A through 1-58-A
28
1-28-A through 1-58-A
29
1-29-A through 1-58-A
30
1-30-A through 1-58-A
31
1-31-A through 1-58-A
32
1-32-A through 1-58-A
33
1-33-A through 1-58-A
34
1-34-A through 1-58-A
35
1-35-A through 1-58-A
36
1-36-A through 1-58-A
37
1-37-A through 1-58-A
38
1-38-A through 1-58-A
39
1-39-A through 1-58-A
40
1-40-A through 1-58-A
41
1-41-A through 1-58-A
42
1-42-A through 1-58-A
43
1-43-A through 1-58-A
44
1-44-A through 1-58-A
45
1-45-A through 1-58-A
46
1-46-A through 1-58-A
47
1-47-A through 1-58-A
48
1-48-A through 1-58-A
49
1-49-A through 1-58-A
 
54

 
Distribution
Date
REMIC 1 Regular Interests
50
1-50-A through 1-58-A
51
1-51-A through 1-58-A
52
1-52-A through 1-58-A
53
1-53-A through 1-58-A
54
1-54-A through 1-58-A
55
1-55-A through 1-58-A
56
1-56-A through 1-58-A
57
1-57-A through 1-58-A
58
1-58-A
thereafter
$0.00
 
With respect to the Class IO Interest and any Distribution Date, an amount equal to the Uncertificated Notional Amount of the REMIC 2 Regular Interest IO.

“Uncertificated Pass-Through Rate”: The Uncertificated REMIC 1 Pass-Through Rate or Uncertificated REMIC 2 Pass-Through Rate.

“Uncertificated Principal Balance”: With respect to each REMIC Regular Interest, the principal amount of such REMIC Regular Interest outstanding as of any date of determination. As of the Closing Date, the Uncertificated Principal Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each such REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.04 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.05. The Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ shall be increased by interest deferrals as provided in Section 4.04(b)(ii). The Uncertificated Principal Balance of each REMIC Regular Interest shall never be less than zero.

“Uncertificated REMIC 1 Pass-Through Rate”: With respect to REMIC 1 Regular Interests P and OC and any Distribution Date, a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs.

With respect to each REMIC 1 Regular Interest ending with the designation “A” and any Distribution Date, a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs multiplied by 2, subject to a maximum rate equal to 2 multiplied by the per annum fixed rate set forth in the Interest Rate Swap Agreement to be used in determining the Net Swap Payment under such agreement for such Distribution Date.

With respect to each REMIC 1 Regular Interest ending with the designation “B” and any Distribution Date, a per annum rate equal to the greater of (x) the excess of (1) 2 multiplied by the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs, over (2) 2 multiplied by the per annum fixed rate set forth in the Interest Rate Swap Agreement to be used in determining the Net Swap Payment under such agreement for such Distribution Date, and (y) 0.00%.


55


“Uncertificated REMIC 2 Pass-Through Rate”: With respect to each REMIC 2 Regular Interest (other than REMIC 2 Regular Interest IO) and any Distribution Date, a per annum rate equal to the weighted average of (i) the Uncertificated REMIC 1 Pass-Through Rates for the REMIC 1 Regular Interests ending with the designation “B”, REMIC 1 Regular Interest P and REMIC 1 Regular Interest OC for such Distribution Date, and (ii) the rates listed below for the REMIC 1 Regular Interests ending with the designation “A” for such Distribution Date, in each case weighted on the basis of the Uncertificated Principal Balances of each such REMIC 1 Regular Interest for such Distribution Date:
 
Distribution
Date
REMIC 1 Regular Interest
Rate
1
1-1-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
2
1-2-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A
Uncertificated REMIC 1 Pass-Through Rate
3
1-3-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-2-A
Uncertificated REMIC 1 Pass-Through Rate
4
1-4-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-3-A
Uncertificated REMIC 1 Pass-Through Rate
5
1-5-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-4-A
Uncertificated REMIC 1 Pass-Through Rate
6
1-6-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-5-A
Uncertificated REMIC 1 Pass-Through Rate
7
1-7-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-6-A
Uncertificated REMIC 1 Pass-Through Rate
8
1-8-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-7-A
Uncertificated REMIC 1 Pass-Through Rate
9
1-9-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-8-A
Uncertificated REMIC 1 Pass-Through Rate
10
1-10-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-9-A
Uncertificated REMIC 1 Pass-Through Rate
11
1-11-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-10-A
Uncertificated REMIC 1 Pass-Through Rate
12
1-12-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-11-A
Uncertificated REMIC 1 Pass-Through Rate
13
1-13-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-12-A
Uncertificated REMIC 1 Pass-Through Rate
 
56

 
Distribution
Date
REMIC 1 Regular Interest
Rate
14
1-14-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-13-A
Uncertificated REMIC 1 Pass-Through Rate
15
1-15-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-14-A
Uncertificated REMIC 1 Pass-Through Rate
16
1-16-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-15-A
Uncertificated REMIC 1 Pass-Through Rate
17
1-17-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-16-A
Uncertificated REMIC 1 Pass-Through Rate
18
1-18-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-17-A
Uncertificated REMIC 1 Pass-Through Rate
19
1-19-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-18-A
Uncertificated REMIC 1 Pass-Through Rate
20
1-20-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-19-A
Uncertificated REMIC 1 Pass-Through Rate
21
1-21-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-20-A
Uncertificated REMIC 1 Pass-Through Rate
22
1-22-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-21-A
Uncertificated REMIC 1 Pass-Through Rate
23
1-23-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-22-A
Uncertificated REMIC 1 Pass-Through Rate
24
1-24-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-23-A
Uncertificated REMIC 1 Pass-Through Rate
25
1-25-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-24-A
Uncertificated REMIC 1 Pass-Through Rate
26
1-26-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-25-A
Uncertificated REMIC 1 Pass-Through Rate
27
1-27-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-26-A
Uncertificated REMIC 1 Pass-Through Rate
28
1-28-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-27-A
Uncertificated REMIC 1 Pass-Through Rate
29
1-29-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-28-A
Uncertificated REMIC 1 Pass-Through Rate
30
1-30-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-29-A
Uncertificated REMIC 1 Pass-Through Rate
31
1-31-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-30-A
Uncertificated REMIC 1 Pass-Through Rate
 
57

 
Distribution
Date
REMIC 1 Regular Interest
Rate
32
1-32-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-31-A
Uncertificated REMIC 1 Pass-Through Rate
33
1-33-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-32-A
Uncertificated REMIC 1 Pass-Through Rate
34
1-34-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-33-A
Uncertificated REMIC 1 Pass-Through Rate
35
1-35-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-34-A
Uncertificated REMIC 1 Pass-Through Rate
36
1-36-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-35-A
Uncertificated REMIC 1 Pass-Through Rate
37
1-37-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-36-A
Uncertificated REMIC 1 Pass-Through Rate
38
1-38-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-37-A
Uncertificated REMIC 1 Pass-Through Rate
39
1-39-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-38-A
Uncertificated REMIC 1 Pass-Through Rate
40
1-40-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-39-A
Uncertificated REMIC 1 Pass-Through Rate
41
1-41-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-40-A
Uncertificated REMIC 1 Pass-Through Rate
42
1-42-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-41-A
Uncertificated REMIC 1 Pass-Through Rate
43
1-43-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-42-A
Uncertificated REMIC 1 Pass-Through Rate
44
1-44-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-43-A
Uncertificated REMIC 1 Pass-Through Rate
45
1-45-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-44-A
Uncertificated REMIC 1 Pass-Through Rate
46
1-46-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-45-A
Uncertificated REMIC 1 Pass-Through Rate
47
1-47-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-46-A
Uncertificated REMIC 1 Pass-Through Rate
48
1-48-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-47-A
Uncertificated REMIC 1 Pass-Through Rate
49
1-49-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-48-A
Uncertificated REMIC 1 Pass-Through Rate
50
1-50-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-49-A
Uncertificated REMIC 1 Pass-Through Rate
 
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Distribution
Date
REMIC 1 Regular Interest
Rate
51
1-51-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-50-A
Uncertificated REMIC 1 Pass-Through Rate
52
1-52-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-51-A
Uncertificated REMIC 1 Pass-Through Rate
53
1-53-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-52-A
Uncertificated REMIC 1 Pass-Through Rate
54
1-54-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-53-A
Uncertificated REMIC 1 Pass-Through Rate
55
1-55-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-54-A
Uncertificated REMIC 1 Pass-Through Rate
56
1-56-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-55-A
Uncertificated REMIC 1 Pass-Through Rate
57
1-57-A through 1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-56-A
Uncertificated REMIC 1 Pass-Through Rate
58
1-58-A
2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
 
1-1-A through 1-57-A
Uncertificated REMIC 1 Pass-Through Rate
thereafter
1-1-A through 1-58-A
Uncertificated REMIC 1 Pass-Through Rate
 
With respect to REMIC 2 Regular Interest IO and any Distribution Date, a per annum rate equal to the excess of (i) the weighted average of the Uncertificated REMIC 1 Pass-Through Rates for the REMIC 1 Regular Interests ending with the designation “A” for such Distribution Date over (ii) 2 multiplied by Swap LIBOR for such Distribution Date.

“Uninsured Cause”: Any cause of damage to property subject to a Mortgage such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies or flood insurance policies required to be maintained pursuant to Section 3.13.

“United States Person”: A citizen or resident of the United States, a corporation or a partnership (including an entity treated as a corporation or partnership for United States federal income tax purposes) created or organized in, or under the laws of, the United States or any State thereof or the District of Columbia (except, in the case of a partnership, to the extent provided in regulations) provided that, for purposes solely of the restrictions on the transfer of Class R Certificates, no partnership or other entity treated as a partnership for United States federal income tax purposes shall be treated as a United States Person unless all persons that own an interest in such partnership either directly or through any entity that is not a corporation for United States federal income tax purposes are required by the applicable operative agreement to be United States Persons or an estate whose income is subject to United States federal income tax regardless of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more such United States Persons have the authority to control all substantial decisions of the trust. To the extent prescribed in regulations by the Secretary of the Treasury, which have not yet been issued, a trust which was in existence on August 20, 1996 (other than a trust treated as owned by the grantor under subpart E of part I of subchapter J of chapter 1 of the Code), and which was treated as a United States person on August 20, 1996 may elect to continue to be treated as a United States person notwithstanding the previous sentence.


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“Unpaid Interest Shortfall Amount”: For each Class of Class A, Class M and Class B Certificates and any Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for such Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for the immediately preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such Distribution Date, plus interest on the amount of Unpaid Interest Shortfall Amount due but not paid on such Class on the immediately preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

“Voting Rights”: The portion of the voting rights of all of the Certificates which is allocated to any Certificate. At all times during the term of this Agreement, (i) 98% of all Voting Rights will be allocated among the Holders of the Class A Certificates, the Subordinate Certificates and the Class C Certificates in proportion to the then outstanding Certificate Principal Balances of their respective Certificates, (ii) 1% of all Voting Rights will be allocated to the Holders of the Class P Certificates and (iii) 1% of all Voting Rights will be allocated to the Holders of the Class R Certificates. The Voting Rights allocated to any Class of Certificates shall be allocated among all Holders of the Certificates of such Class in proportion to the outstanding Percentage Interests in such Class represented thereby.

“Weighted Average Net Mortgage Rate”: The weighted average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the first day of the calendar month preceding the month in which such Distribution Date occurs.

Section 1.02. Determination of LIBOR.

LIBOR applicable to the calculation of the Pass-Through Rate on the Class A Certificates and Subordinate Certificates for any Accrual Period will be determined on each LIBOR Rate Adjustment Date.

On each LIBOR Rate Adjustment Date, LIBOR shall be established by the Trustee and, as to any Accrual Period, will equal the rate for one month United States dollar deposits that appears on the Telerate Screen Page 3750 as of 11:00 a.m., London time, on such LIBOR Rate Adjustment Date. “Telerate Screen Page 3750” means the display designated as page 3750 on the Telerate Service (or such other page as may replace page 3750 on that service for the purpose of displaying London interbank offered rates of major banks). If such rate does not appear on such page (or such other page as may replace that page on that service, or if such service is no longer offered, LIBOR shall be so established by use of such other service for displaying LIBOR or comparable rates as may be selected by the Trustee after consultation with the Master Servicer), the rate will be the Reference Bank Rate. The “Reference Bank Rate” will be determined on the basis of the rates at which deposits in U.S. Dollars are offered by the reference banks (which shall be any three major banks that are engaged in transactions in the London interbank market, selected by the Trustee after consultation with the Master Servicer) as of 11:00 a.m., London time, on the LIBOR Rate Adjustment Date to prime banks in the London interbank market for a period of one month in amounts approximately equal to the aggregate Certificate Principal Balance of the Class A Certificates and Subordinate Certificates then outstanding. The Trustee will request the principal London office of each of the reference banks to provide a quotation of its rate. If at least two such quotations are provided, the rate will be the arithmetic mean of the quotations rounded up to the next multiple of 1/16%. If on such date fewer than two quotations are provided as requested, the rate will be the arithmetic mean of the rates quoted by one or more major banks in New York City, selected by the Trustee after consultation with the Master Servicer, as of 11:00 a.m., New York City time, on such date for loans in U.S. Dollars to leading European banks for a period of one month. If no such quotations can be obtained, the rate will be LIBOR for the prior Distribution Date; provided however, if, under the priorities described above, LIBOR for a Distribution Date would be based on LIBOR for the previous Distribution Date for the third consecutive Distribution Date, the Trustee shall select an alternative comparable index after consultation with the Master Servicer (over which the Trustee has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.


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The establishment of LIBOR by the Trustee on any LIBOR Rate Adjustment Date and the Trustee’s subsequent calculation of the Pass-Through Rate applicable to the Class A Certificates and Subordinate Certificates for the relevant Accrual Period, in the absence of manifest error, will be final and binding.

Promptly following each LIBOR Rate Adjustment Date the Trustee shall supply the Master Servicer with the results of its determination of LIBOR on such date. Furthermore, the Trustee will supply to any Certificateholder so requesting by telephone the Pass-Through Rate on the Class A Certificates and Subordinate Certificates for the current and the immediately preceding Accrual Period.

Section 1.03. Allocation of Certain Interest Shortfalls.

For purposes of calculating the amount of the Monthly Interest Distributable Amount for the Class A Certificates, the Subordinate Certificates and the Class C Certificates for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, to the Class C Certificates, based on, and to the extent of, one month's interest at the then applicable Pass-Through Rate on the Notional Balance of such Certificates and, thereafter, among the Class A, Class M and Class B Certificates on a pro rata basis, based on, and to the extent of, one month's interest at the then applicable respective Pass-Through Rates on the respective Certificate Principal Balances of each such Certificate.


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For purposes of calculating the amount of Uncertificated Accrued Interest for the REMIC 1 Regular Interests for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans shall be allocated first, to REMIC 1 Regular Interests ending with the designation “B” and REMIC 1 Regular Interests P and OC, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 1 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 1 Regular Interest, and then, to REMIC 1 Regular Interests ending with the designation “A”, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 1 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 1 Regular Interest.

For purposes of calculating the amount of Uncertificated Accrued Interest for the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest IO) for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, to Uncertificated Accrued Interest payable to REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount, 98% and 2%, respectively, and thereafter among REMIC 2 Regular Interest AA, each REMIC 2 Regular Interest for which a Class A, Class B, Class M or Class P Certificate is the Corresponding Certificate and REMIC 2 Regular Interest ZZ, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 2 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 2 Regular Interest.

ARTICLE II

CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES

 
Section 2.01.
Conveyance of Mortgage Loans.

The Depositor, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign, transfer, sell, set over and otherwise convey to the Trustee without recourse all the right, title and interest of the Depositor in and to the Mortgage Loans identified on the Mortgage Loan Schedule (exclusive of any late payment charges received thereon) and all other assets included or to be included in the Trust Fund for the benefit of the Certificateholders, including the amount to be deposited by or on behalf of the Depositor into the Net WAC Shortfall Reserve Fund. Such assignment includes all principal and interest received by the Master Servicer on or with respect to the Mortgage Loans (other than payment of principal and interest due on or before the Cut-off Date).


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In connection with such transfer and assignment, the Depositor has caused the Sponsor to deliver to, and deposit with the Trustee, as described in the Mortgage Loan Purchase Agreement, with respect to each Mortgage Loan, the following documents or instruments:

(i) the original Mortgage Note endorsed without recourse, “Deutsche Bank National Trust Company, as trustee under the Pooling and Servicing Agreement relating to Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1” with all intervening endorsements showing an unbroken chain of endorsements from the originator to the Person endorsing it to the Trustee or, with respect to any Mortgage Loan as to which the original Mortgage Note has been permanently lost or destroyed and has not been replaced, a Lost Note Affidavit;

(ii) the original recorded Mortgage, noting the presence of the MIN of the Mortgage Loan and language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan is a MOM Loan, with evidence of recording indicated thereon or, if the original Mortgage has not been returned from the public recording office, a copy of the Mortgage certified by the Sponsor or the public recording office in which such Mortgage has been recorded to be a true and complete copy of the original Mortgage submitted for recording;

(iii) unless the Mortgage Loan is registered on the MERS® System, a duly executed original Assignment of the Mortgage, without recourse, in recordable form to Deutsche Bank National Trust Company, as trustee,” or to “Deutsche Bank National Trust Company, as trustee for holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1”;

(iv) the original recorded Assignment or Assignments of the Mortgage showing an unbroken chain of assignment from the originator thereof to the Person assigning it to the Trustee (or to MERS, if the Mortgage Loan is registered on the MERS® System and noting the presence of a MIN) or, if any such Assignment has not been returned from the applicable public recording office, a copy of such Assignment certified by the Sponsor to be a true and complete copy of the original Assignment submitted to the title insurance company for recording;

(v) the original title insurance policy, or, if such policy has not been issued, any one of an original or a copy of the preliminary title report, title binder or title commitment on the Mortgaged Property with the original policy of the insurance to be delivered promptly following the receipt thereof;

(vi) a copy of the related hazard insurance policy; and


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(vii) a true and correct copy of any assumption, modification, consolidation or substitution agreement.

The Sponsor is obligated as described in the Mortgage Loan Purchase Agreement, with respect to the Mortgage Loans, to deliver to the Trustee: (a) either the original recorded Mortgage, or in the event such original cannot be delivered by the Sponsor, a copy of such Mortgage certified as true and complete by the appropriate recording office, in those instances where a copy thereof certified by the Sponsor was delivered to the Trustee pursuant to clause (ii) above; and (b) either the original Assignment or Assignments of the Mortgage, with evidence of recording thereon, showing an unbroken chain of assignment from the originator to the Sponsor, or in the event such original cannot be delivered by the Sponsor, a copy of such Assignment or Assignments certified as true and complete by the appropriate recording office, in those instances where copies thereof certified by the Sponsor were delivered to the Trustee pursuant to clause (iv) above. However, pursuant to the Mortgage Loan Purchase Agreement with respect to the Mortgage Loans, the Sponsor need not cause to be recorded any assignment in any jurisdiction under the laws of which, as evidenced by an Opinion of Counsel delivered by the Sponsor to the Trustee and the Rating Agencies, the recordation of such assignment is not necessary to protect the Trustee’s interest in the related Mortgage Loan; provided, however, notwithstanding the delivery of any Opinion of Counsel, each assignment shall be submitted for recording by the Sponsor in the manner described above, at no expense to the Trust or the Trustee, upon the earliest to occur of: (i) direction by the Holders of Certificates evidencing at least 25% of the Voting Rights, (ii) the occurrence of a Event of Default, (iii) the occurrence of a bankruptcy, insolvency or foreclosure relating to the Sponsor, (iv) the occurrence of a servicing transfer as described in Section 7.02 hereof and (v) if the Sponsor is not the Master Servicer and with respect to any one assignment, the occurrence of a bankruptcy, insolvency or foreclosure relating to the Mortgagor under the related Mortgage.

Notwithstanding anything to the contrary contained in this Section 2.01, in those instances where the public recording office retains the original Mortgage after it has been recorded, the Sponsor shall be deemed to have satisfied its obligations hereunder upon delivery to the Trustee of a copy of such Mortgage certified by the public recording office to be a true and complete copy of the recorded original thereof.

If any Assignment is lost or returned unrecorded to the Trustee because of any defect therein, the Sponsor is required, as described in the Mortgage Loan Purchase Agreement with respect to the Mortgage Loans, to prepare a substitute Assignment or cure such defect, as the case may be, and the Sponsor shall cause such Assignment to be recorded in accordance with this section.

The Sponsor is required as described in the Mortgage Loan Purchase Agreement with respect to the Mortgage Loans, to exercise its best reasonable efforts to deliver or cause to be delivered to the Trustee within 120 days of the Closing Date, with respect to the Mortgage Loans, the original or a photocopy of the title insurance policy with respect to each such Mortgage Loan assigned to the Trustee pursuant to this Section 2.01.


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In connection with the assignment of any Mortgage Loan registered on the MERS® System, the Sponsor further agrees that it will cause, at the Sponsor's own expense, as of the Closing Date, the MERS® System to indicate that such Mortgage Loans have been assigned by the Sponsor to the Trustee in accordance with this Agreement for the benefit of the Certificateholders by including (or deleting, in the case of Mortgage Loans which are repurchased in accordance with this Agreement) in such computer files (a) the code in the field which identifies the specific Trustee and (b) the code in the field “Pool Field” which identifies the series of the Certificates issued in connection with such Mortgage Loans. The Depositor further agrees that it will not, and will not permit the Master Servicer to, and the Master Servicer agrees that it will not, alter the codes referenced in this paragraph with respect to any Mortgage Loan during the term of this Agreement unless and until such Mortgage Loan is repurchased in accordance with the terms of this Agreement.

All original documents relating to the Mortgage Loans which are not delivered to the Trustee are and shall be held by the Master Servicer in trust for the benefit of the Trustee on behalf of the Certificateholders.

Except as may otherwise expressly be provided herein, none of the Depositor, the Master Servicer or the Trustee shall (and the Master Servicer shall ensure that no Sub-Servicer shall) assign, sell, dispose of or transfer any interest in the Trust Fund or any portion thereof, or cause the Trust Fund or any portion thereof to be subject to any lien, claim, mortgage, security interest, pledge or other encumbrance.

It is intended that the conveyance of the Mortgage Loans by the Depositor to the Trustee as provided in this Section be, and be construed as, a sale of the Mortgage Loans as provided for in this Section 2.01 by the Depositor to the Trustee for the benefit of the Certificateholders. It is, further, not intended that such conveyance be deemed a pledge of the Mortgage Loans by the Depositor to the Trustee to secure a debt or other obligation of the Depositor. However, in the event that the Mortgage Loans are held to be property of the Depositor, or if for any reason this Agreement is held or deemed to create a security interest in the Mortgage Loans, then it is intended that, (a) this Agreement shall also be deemed to be a security agreement within the meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the Uniform Commercial Code of any other applicable jurisdiction; (b) the conveyance provided for in this Section shall be deemed to be (1) a grant by the Depositor to the Trustee of a security interest in all of the Depositor's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to (A) the Mortgage Loans, including the Mortgage Notes, the Mortgages, any related Insurance Policies and all other documents in the related Mortgage Files, (B) all amounts payable to the holders of the Mortgage Loans in accordance with the terms thereof and (C) all proceeds of the conversion, voluntary or involuntary, of the foregoing into cash, instruments, securities or other property, including without limitation all amounts from time to time held or invested in the Certificate Account or the Custodial Account, whether in the form of cash, instruments, securities or other property and (2) an assignment by the Depositor to the Trustee of any security interest in any and all of the Sponsor's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to the property described in the foregoing clauses (1)(A) through (C); (c) the possession by the Trustee or any other custodian or agent of the Trustee of Mortgage Notes and such other items of property as constitute instruments, money, negotiable documents or chattel paper shall be deemed to be “possession by the secured party” or possession by a purchaser or a person designated by such secured party, for purposes of perfecting the security interest pursuant to the New York Uniform Commercial Code and the Uniform Commercial Code of any other applicable jurisdiction (including, without limitation, Sections 9-115, 9-305, 8-102, 8-301, 8-501 and 8-503 thereof); and (d) notifications to persons holding such property, and acknowledgments, receipts or confirmations from persons holding such property, shall be deemed notifications to, or acknowledgments, receipts or confirmations from, financial intermediaries, bailees or agents (as applicable) of the Trustee for the purpose of perfecting such security interest under applicable law. The Depositor and the Trustee shall, to the extent consistent with this Agreement, take such actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Mortgage Loans, such security interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of the Agreement.


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Concurrently with the execution of this Agreement, the Interest Rate Swap Agreement and Cap Contracts shall be delivered to the Trustee. In connection therewith, the Depositor hereby directs the Trustee, as Supplemental Interest Trust Trustee (not in its individual capacity, but solely in its capacity as Supplemental Interest Trust Trustee), to execute and deliver the Interest Rate Swap Agreement and to exercise the rights, perform the obligations, and make the representations of Party B (as defined therein) as set forth in the Interest Rate Swap Agreement and as provided in this Agreement on the Closing Date and thereafter. In addition, the Trustee, as Supplemental Interest Trust Trustee (not in its individual capacity, but solely in its capacity as Supplemental Interest Trust Trustee), is hereby directed to execute and deliver the Cap Contracts on behalf of Party B (as defined therein) and to exercise the rights, perform the obligations, and make the representations of Party B as set forth in the each Cap Contract and as provided in this Agreement on the Closing Date and thereafter. The Sponsor, the Master Servicer, the Depositor and the Certificateholders, by acceptance of their Certificates, acknowledge and agree that the Trustee, as Supplemental Interest Trust Trustee, shall execute and deliver the Interest Rate Swap Agreement and Cap Contracts on behalf of Party B (as defined therein) and shall exercise the rights, perform the obligations, and make the representations of Party B as set forth in the Interest Rate Swap Agreement and Cap Contracts and as provided in this Agreement and shall do so solely in its capacity as Supplemental Interest Trust Trustee and not in its individual capacity.

Every provision of this Agreement relating to the conduct or affecting the liability of or affording protection to the Supplemental Interest Trust Trustee shall apply to the Supplemental Interest Trust Trustee’s execution of the Interest Rate Swap Agreement and Cap Contracts, and the performance of its duties and the satisfaction of its obligations on behalf of Party B thereunder.


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Section 2.02.
Acceptance of the Trust Fund by the Trustee.

The Trustee, with respect to the Mortgage Files held by it, acknowledges receipt (subject to any exceptions noted in the Initial Certification described below) on behalf of the Trustee, of the documents referred to in Section 2.01 above and all other assets included in the definition of “Trust Fund” and declares that it holds and will hold such documents and the other documents delivered to it constituting the Mortgage Files, and that it holds or will hold such other assets included in the definition of “Trust Fund” (to the extent delivered or assigned to the Trustee), in trust for the exclusive use and benefit of all present and future Certificateholders.

The Trustee agrees, for the benefit of the Certificateholders, to review or cause to be reviewed on its behalf, each Mortgage File on or before the Closing Date to ascertain that all documents required to be delivered to it are in its possession, and the Trustee agrees to execute and deliver, or cause to be executed and delivered, to the Depositor and the Master Servicer on the Closing Date, with respect to each Mortgage Loan, an Initial Certification in the form annexed hereto as Exhibit C to the effect that, as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan specifically identified in such certification as not covered by such certification), (i) all documents required to be delivered to it pursuant to this Agreement with respect to such Mortgage Loan are in its possession, (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan and (iii) based on its examination and only as to the foregoing documents, the information set forth in items (i), (ii), (iii)(A) and (iv) of the definition of the “Mortgage Loan Schedule” accurately reflects information set forth in the Mortgage File. None of the Trustee or the Master Servicer shall be under any duty to determine whether any Mortgage File should include any of the documents specified in clause (vi) or (vii) of Section 2.01. None of the Trustee or the Master Servicer shall be under any duty or obligation to inspect, review or examine said documents, instruments, certificates or other papers to determine that the same are genuine, enforceable or appropriate for the represented purpose or that they have actually been recorded, or they are in recordable form or that they are other than what they purport to be on their face.

Within 90 days of the Closing Date, with respect to the Mortgage Loans, the Trustee shall deliver to the Depositor and the Master Servicer a Final Certification in the form annexed hereto as Exhibit D evidencing the completeness of the Mortgage Files, with any applicable exceptions noted thereon, with respect to all of the Mortgage Loans.


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If in the process of reviewing the Mortgage Files and preparing the certifications referred to above the Trustee finds any document or documents constituting a part of a Mortgage File to be missing or defective in any material respect, the Trustee shall promptly notify the Sponsor, the Master Servicer and the Depositor. The Trustee shall promptly notify the Sponsor of such defect and request that the Sponsor cure any such defect within 60 days from the date on which the Sponsor was notified of such defect, and if the Sponsor does not cure such defect in all material respects during such period, request on behalf of the Certificateholders that the Sponsor purchase such Mortgage Loan from the Trust Fund at the Purchase Price within 90 days after the date on which the Sponsor was notified of such defect; provided that if such defect would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. It is understood and agreed that the obligation of the Sponsor to cure a material defect in, or purchase any Mortgage Loan as to which a material defect in a constituent document exists shall constitute the sole remedy respecting such defect available to Certificateholders or the Trustee on behalf of Certificateholders. The Purchase Price for the purchased Mortgage Loan shall be deposited or caused to be deposited upon receipt by the Master Servicer in the Custodial Account and, upon receipt by the Trustee of written notification of such deposit signed by a Servicing Officer, the Trustee shall release or cause to be released to the Sponsor the related Mortgage File and shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as the Sponsor shall require as necessary to vest in the Sponsor ownership of any Mortgage Loan released pursuant hereto and at such time the Trustee shall have no further responsibility with respect to the related Mortgage File. In furtherance of the foregoing, if the Sponsor is not a member of MERS and the Mortgage is registered on the MERS® System, the Master Servicer, at its own expense and without any right of reimbursement, shall cause MERS to execute and deliver an assignment of the Mortgage in recordable form to transfer the Mortgage from MERS to the Sponsor and shall cause such Mortgage to be removed from registration on the MERS® System in accordance with MERS' rules and regulations.

 
Section 2.03.
Representations, Warranties and Covenants of the Master Servicer and the Depositor.

(a) The Master Servicer hereby represents and warrants to and covenants with the Depositor and the Trustee for the benefit of Certificateholders that:

(i) The Master Servicer is, and throughout the term hereof shall remain, a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation (except as otherwise permitted pursuant to Section 6.02), the Master Servicer is, and shall remain, in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to perform its obligations under this Agreement, and the Master Servicer is, and shall remain, approved to sell mortgage loans to and service mortgage loans for Fannie Mae and Freddie Mac;

(ii) The execution and delivery of this Agreement by the Master Servicer, and the performance and compliance with the terms of this Agreement by the Master Servicer, will not violate the Master Servicer's articles of incorporation or bylaws or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which it is a party or which is applicable to it or any of its assets;


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(iii) The Master Servicer has the full power and authority to enter into and consummate all transactions contemplated by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

(iv) This Agreement, assuming due authorization, execution and delivery by the Depositor and the Trustee, constitutes a valid, legal and binding obligation of the Master Servicer, enforceable against the Master Servicer in accordance with the terms hereof, subject to (A) applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the enforcement of creditors' rights generally, and (B) general principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law;

(v) The Master Servicer is not in violation of, and its execution and delivery of this Agreement and its performance and compliance with the terms of this Agreement will not constitute a violation of, any law, any order or decree of any court or arbiter, or any order, regulation or demand of any federal, state or local governmental or regulatory authority, which violation is likely to affect materially and adversely either the ability of the Master Servicer to perform its obligations under this Agreement or the financial condition of the Master Servicer;

(vi) No litigation is pending (other than litigation with respect to which pleadings or documents have been filed with a court, but not served on the Master Servicer) or, to the best of the Master Servicer's knowledge, threatened against the Master Servicer which would prohibit its entering into this Agreement or performing its obligations under this Agreement or is likely to affect materially and adversely either the ability of the Master Servicer to perform its obligations under this Agreement or the financial condition of the Master Servicer;

(vii) The Master Servicer will comply in all material respects in the performance of this Agreement with all reasonable rules and requirements of each insurer under each Insurance Policy;

(viii) The execution of this Agreement and the performance of the Master Servicer's obligations hereunder do not require any license, consent or approval of any state or federal court, agency, regulatory authority or other governmental body having jurisdiction over the Master Servicer, other than such as have been obtained;

(ix) No information, certificate of an officer, statement furnished in writing or report delivered to the Depositor, any affiliate of the Depositor or the Trustee by the Master Servicer in its capacity as Master Servicer, and not in its capacity as a Sponsor hereunder, will, to the knowledge of the Master Servicer, contain any untrue statement of a material fact;


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(x) The Master Servicer will not waive any Prepayment Charge unless it is waived in accordance with the standard set forth in Section 3.01; and

(xi) The Master Servicer is a member of MERS in good standing, and will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS.

It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.03(a) shall survive the execution and delivery of this Agreement, and shall inure to the benefit of the Depositor, the Trustee and the Certificateholders. Upon discovery by the Depositor, the Trustee or the Master Servicer of a breach of any of the foregoing representations, warranties and covenants that materially and adversely affects the interests of the Depositor or the Trustee, the party discovering such breach shall give prompt written notice to the other parties. Notwithstanding the foregoing, within 90 days of the earlier of discovery by the Master Servicer or receipt of notice by the Master Servicer of the breach of the covenant of the Master Servicer set forth in Section 2.03(x) above which materially and adversely affects the interests of the Holders of the Class P Certificates in any Prepayment Charge, the Master Servicer shall remedy such breach as follows: the Master Servicer shall pay the amount of such waived Prepayment Charge, for the benefit of the Holders of the Class P Certificates, by depositing such amount into the Custodial Account (net of any amount actually collected by the Master Servicer in respect of such Prepayment Charge and remitted by the Master Servicer, for the benefit of the Holders of the Class P Certificates, in respect of such Prepayment Charge, into the Custodial Account). The foregoing shall not, however, limit any remedies available to the Certificateholders, the Depositor or the Trustee on behalf of the Certificateholders, pursuant to the Mortgage Loan Purchase Agreement respecting a breach of any of the representations, warranties and covenants contained in the Mortgage Loan Purchase Agreement.

(b) The Depositor hereby represents and warrants to the Master Servicer and the Trustee for the benefit of Certificateholders that as of the Closing Date, the representations and warranties of the Sponsor with respect to the Mortgage Loans and the remedies therefor that are contained in the Mortgage Loan Purchase Agreement are as set forth in Exhibit I hereto.

It is understood and agreed that the representations and warranties set forth in this Section 2.03(b) shall survive delivery of the respective Mortgage Files to the Trustee.

Upon discovery by either the Depositor, the Master Servicer or the Trustee of a breach of any representation or warranty set forth in this Section 2.03 which materially and adversely affects the interests of the Certificateholders in any Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties.

 
Section 2.04.
Representations and Warranties of the Sponsor.


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The Depositor hereby assigns to the Trustee for the benefit of Certificateholders all of its rights (but none of its obligations) in, to and under the Mortgage Loan Purchase Agreement. Insofar as the Mortgage Loan Purchase Agreement relates to such representations and warranties and any remedies provided thereunder for any breach of such representations and warranties, such right, title and interest may be enforced by the Trustee on behalf of the Certificateholders. Upon the discovery by the Depositor, the Master Servicer or the Trustee of a breach of any of the representations and warranties made in the Mortgage Loan Purchase Agreement in respect of any Mortgage Loan which materially and adversely affects the interests of the Certificateholders in such Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties. The Trustee shall promptly notify the Sponsor of such breach and request that the Sponsor shall, within 90 days from the date that the Sponsor was notified or otherwise obtained knowledge of such breach, either (i) cure such breach in all material respects or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided that if such breach would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. However, in the case of a breach under the Mortgage Loan Purchase Agreement, subject to the approval of the Depositor the Sponsor shall have the option to substitute a Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such substitution occurs within two years following the Closing Date, except that if the breach would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such substitution must occur within 90 days from the date the breach was discovered if such 90 day period expires before two years following the Closing Date. In the event that the Sponsor elects to substitute a Qualified Substitute Mortgage Loan or Loans for a Deleted Mortgage Loan pursuant to this Section 2.04, the Trustee shall enforce the obligation of the Sponsor under the Mortgage Loan Purchase Agreement to deliver to the Trustee and the Master Servicer, as appropriate, with respect to such Qualified Substitute Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an Assignment of the Mortgage in recordable form, and such other documents and agreements as are required by Section 2.01, with the Mortgage Note endorsed as required by Section 2.01. No substitution will be made in any calendar month after the Determination Date for such month. Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the month of substitution, to the extent received by the Master Servicer or any Sub-Servicer, shall not be part of the Trust Fund and will be retained by the Master Servicer and remitted by the Master Servicer to the Sponsor on the next succeeding Distribution Date. For the month of substitution, distributions to Certificateholders will include the Monthly Payment due on a Deleted Mortgage Loan for such month and thereafter the Sponsor shall be entitled to retain all amounts received in respect of such Deleted Mortgage Loan. The Depositor shall amend or cause to be amended the Mortgage Loan Schedule for the benefit of the Certificateholders to reflect the removal of such Deleted Mortgage Loan and the substitution of the Qualified Substitute Mortgage Loan or Loans and the Depositor shall deliver the amended Mortgage Loan Schedule to the Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans shall be subject to the terms of this Agreement in all respects, the Sponsor shall be deemed to have made the representations and warranties with respect to the Qualified Substitute Mortgage Loan contained in the Mortgage Loan Purchase Agreement as of the date of substitution, and the Depositor shall be deemed to have made with respect to any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution, the non-statistical representations and warranties set forth in Exhibit I hereof.


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In connection with the substitution of one or more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will determine the amount (the “Substitution Adjustment”), if any, by which the aggregate principal balance of all such Qualified Substitute Mortgage Loans as of the date of substitution is less than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans (in each case after application of the principal portion of the Monthly Payments due in the month of substitution that are to be distributed to Certificateholders in the month of substitution). The Trustee shall enforce the obligation of the Sponsor under the Mortgage Loan Purchase Agreement to provide the Master Servicer on the day of substitution for immediate deposit into the Custodial Account the amount of such shortfall, without any reimbursement therefor. In accordance with the Mortgage Loan Purchase Agreement, the Sponsor shall give notice in writing to the Trustee of such event, which notice shall be accompanied by an Officers’ Certificate as to the calculation of such shortfall and by an Opinion of Counsel to the effect that such substitution will not cause (a) any federal tax to be imposed on REMIC 1, REMIC 2 or REMIC 3, including without limitation, any federal tax imposed on “prohibited transactions” under Section 860F(a)(1) of the Code or on “contributions after the startup date” under Section 860G(d)(1) of the Code or (b) any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificate is outstanding. The costs of any substitution as described above, including any related assignments, opinions or other documentation in connection therewith shall be borne by the Sponsor.

Except as expressly set forth herein none of the Trustee or the Master Servicer is under any obligation to discover any breach of the above-mentioned representations and warranties. It is understood and agreed that the obligation of the Sponsor to cure such breach, purchase or to substitute for such Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to Certificateholders or the Trustee on behalf of Certificateholders.

 
Section 2.05.
Issuance of Certificates; Conveyance of REMIC Regular Interests and Acceptance of REMIC 2 and REMIC 3 by the Trustee.

(a) The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery to it of the Mortgage Files, subject to the provisions of Sections 2.01 and 2.02, together with the assignment to it of all other assets included in the Trust Fund, receipt of which is hereby acknowledged. Concurrently with such assignment and delivery and in exchange therefor, the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Certificates in authorized denominations. The interests evidenced by the Certificates, constitute the entire beneficial ownership interest in the Trust Fund.


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(b) The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC 1 Regular Interests for the benefit of the holders of the REMIC 2 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-2 Interest). The Trustee acknowledges receipt of the REMIC 1 Regular Interests (which are uncertificated) and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC 2 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-2 Interest). The interests evidenced by the Class R-2 Interest, together with the REMIC 2 Regular Interests, constitute the entire beneficial ownership interest in REMIC 2.

(c) The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC 2 Regular Interests for the benefit of the holders of the REMIC 3 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-3 Interest). The Trustee acknowledges receipt of the REMIC 2 Regular Interests (which are uncertificated) and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC 3 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-3 Interest). The interests evidenced by the Class R-3 Interest, together with the REMIC 3 Regular Interests, constitute the entire beneficial ownership interest in REMIC 3.

(d) In exchange for the REMIC 2 Regular Interests and, concurrently with the assignment to the Trustee thereof, pursuant to the written request of the Depositor executed by an officer of the Depositor, the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Regular Certificates in authorized denominations evidencing (together with the Class R-3 Interest and the Class IO Interest) the entire beneficial ownership interest in REMIC 3.

(e) Concurrently with (i) the assignment and delivery to the Trustee of REMIC 1 (including the Residual Interest therein represented by the Class R-1 Interest) and the acceptance by the Trustee thereof, (ii) the assignment and delivery to the Trustee of REMIC 2 (including the Residual Interest therein represented by the Class R-2 Interest), and (iii) the assignment and delivery to the Trustee of REMIC 3 (including the Residual Interest therein represented by the Class R-3 Interest), and the acceptance by the Trustee thereof, the Trustee, from and pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations evidencing the Class R-1 Interest, Class R-2 Interest and Class R-3 Interest.


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Section 2.06.
Purposes and Powers of the Trust.

The purpose of the common law trust, as created hereunder, is to engage in the following activities:

(a) acquire and hold the Mortgage Loans and the other assets of the Trust Fund and the proceeds therefrom;

(b) to issue the Certificates sold to the Depositor in exchange for the Mortgage Loans;

(c) to make payments on the Certificates;

(d) to engage in those activities that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith; and

(e) subject to compliance with this Agreement, to engage in such other activities as may be required in connection with conservation of the Trust Fund and the making of distributions to the Certificateholders.

The trust is hereby authorized to engage in the foregoing activities. The Trustee shall not knowingly and explicitly cause the trust to engage in any activity other than in connection with the foregoing or other than as required or authorized by the terms of this Agreement while any Certificate is outstanding, and this Section 2.06 may not be amended, without the consent of the Certificateholders evidencing 51% or more of the aggregate voting rights of the Certificates.


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ARTICLE III
ADMINISTRATION AND SERVICING
OF THE TRUST FUND

 
Section 3.01.
Master Servicer to Act as Master Servicer.

The Master Servicer shall supervise, or take such actions as are necessary to ensure, the servicing and administration of the Mortgage Loans and any REO Property in accordance with this Agreement and its normal servicing practices, which generally shall conform to the standards (i) of the Servicing Guide, if Impac Funding Corporation is Master Servicer, or (ii) if Impac Funding Corporation is not the Master Servicer, of an institution prudently servicing mortgage loans for its own account and shall have full authority to do anything it reasonably deems appropriate or desirable in connection with such servicing and administration. To the extent consistent with the foregoing, the Master Servicer shall waive (or permit a Sub-Servicer to waive) a Prepayment Charge only if such waiver would maximize recovery of total proceeds taking into account the value of such Prepayment Charge and related Mortgage Loan and doing so is standard and customary in servicing mortgage loans similar to the Mortgage Loans (including any waiver of a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is related to a default or a reasonably foreseeable default), and in no event will it waive a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is not related to a default or a reasonably foreseeable default.

The Master Servicer may perform its responsibilities relating to servicing through other agents or independent contractors, but shall not thereby be released from any of its responsibilities as hereinafter set forth. The authority of the Master Servicer, in its capacity as master servicer, and any Sub-Servicer acting on its behalf, shall include, without limitation, the power to (i) consult with and advise any Sub-Servicer regarding administration of a related Mortgage Loan, (ii) approve any recommendation by a Sub-Servicer to foreclose on a related Mortgage Loan, (iii) supervise the filing and collection of insurance claims and take or cause to be taken such actions on behalf of the insured Person thereunder as shall be reasonably necessary to prevent the denial of coverage thereunder, and (iv) effectuate foreclosure or other conversion of the ownership of the Mortgaged Property securing a related Mortgage Loan, including the employment of attorneys, the institution of legal proceedings, the collection of deficiency judgments, the acceptance of compromise proposals, the filing of claims under any Insurance Policy and any other matter pertaining to a delinquent Mortgage Loan. The authority of the Master Servicer shall include, in addition, the power on behalf of the Certificateholders, the Trustee or any of them to (i) execute and deliver customary consents or waivers and other instruments and documents, (ii) consent to transfer of any related Mortgaged Property and assumptions of the related Mortgage Notes and Security Instruments (in the manner provided in this Agreement) and (iii) collect any Insurance Proceeds and Liquidation Proceeds. If permitted under applicable law without prejudicing any rights of the Trust Fund with respect to any Mortgage Loan, the Master Servicer, with such documentation as local law requires, acting in its own name, may pursue claims on behalf of the Trust Fund. Without limiting the generality of the foregoing, the Master Servicer and any Sub-Servicer acting on its behalf may, and is hereby authorized, and empowered by the Trustee to, execute and deliver, on behalf of itself, the Certificateholders or the Trustee or any of them, any instruments of satisfaction, cancellation, partial or full release, discharge and all other comparable instruments, with respect to the Mortgage Loans, the Insurance Policies and the accounts related thereto, and the Mortgaged Properties. The Master Servicer may exercise this power in its own name or in the name of a Sub-Servicer.


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Subject to Section 3.16, the Trustee shall execute, at the written request of the Master Servicer, and furnish to the Master Servicer and any Sub-Servicer such documents as are necessary or appropriate to enable the Master Servicer or any Sub-Servicer to carry out their servicing and administrative duties hereunder, and the Trustee hereby grants to the Master Servicer a power of attorney to carry out such duties. The Trustee shall not be liable for the actions of the Master Servicer or any Sub-Servicers under such powers of attorney.

In accordance with the standards of the preceding paragraph, the Master Servicer shall advance or cause to be advanced funds as necessary for the purpose of effecting the payment of taxes and assessments on the Mortgaged Properties, which advances shall be reimbursable in the first instance from related collections from the Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11; provided that the Master Servicer shall not be obligated to make such advance if, in its reasonable good faith judgment, the Master Servicer determines that such advance to be a Nonrecoverable Advance.

The Master Servicer is authorized and empowered by the Trustee, on behalf of the Certificateholders and the Trustee, in its own name or in the name of any Sub-Servicer, when the Master Servicer or such Sub-Servicer, as the case may be, believes it is appropriate in its best judgment to register any Mortgage Loan on the MERS® System, or cause the removal from the registration of any Mortgage Loan on the MERS® System, to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Trustee and its successors and assigns. Any expenses incurred in connection with the actions described in the preceding sentence shall be borne by the Master Servicer in accordance with Section 3.17, with no right of reimbursement; provided, that if, as a result of MERS discontinuing or becoming unable to continue operations in connection with the MERS System, it becomes necessary to remove any Mortgage Loan from registration on the MERS System and to arrange for the assignment of the related Mortgages to the Trustee, then any related expenses shall be reimbursable to the Master Servicer from the Trust Fund.

Notwithstanding anything in this Agreement to the contrary, the Master Servicer shall not (unless the Mortgagor is in default with respect to the Mortgage Loan or such default is, in the judgment of the Master Servicer, reasonably foreseeable) make or permit any modification, waiver or amendment of any term of any Mortgage Loan that would both (i) effect an exchange or reissuance of such Mortgage Loan under Section 1001 of the Code (or Treasury regulations promulgated thereunder) and (ii) cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the Code or the imposition of any tax on “prohibited transactions” or “contributions” after the startup date under the REMIC Provisions.


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The relationship of the Master Servicer (and of any successor to the Master Servicer under this Agreement) to the Trustee under this Agreement is intended by the parties to be that of an independent contractor and not that of a joint venturer, partner or agent.

 
Section 3.02.
Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.

(a) The Master Servicer may enter into Sub-Servicing Agreements with Sub-Servicers for the servicing and administration of the Mortgage Loans and for the performance of any and all other activities of the Master Servicer hereunder; provided, however, that such agreements would not result in a withdrawal or a downgrading by Standard & Poor's of its rating on any Class of Certificates. Each Sub-Servicer shall be either (i) an institution the accounts of which are insured by the FDIC or (ii) another entity that engages in the business of originating or servicing mortgage loans comparable to the Mortgage Loans, and in either case shall be authorized to transact business in the state or states in which the related Mortgaged Properties it is to service are situated, if and to the extent required by applicable law to enable the Sub-Servicer to perform its obligations hereunder and under the Sub-Servicing Agreement, and in either case shall be a Freddie Mac or Fannie Mae approved mortgage servicer. Any Sub-Servicing Agreement entered into by the Master Servicer shall include the provision that such Agreement may be immediately terminated (x) with cause and without any termination fee by any Master Servicer hereunder or (y) without cause in which case the Master Servicer shall be responsible for any termination fee or penalty resulting therefrom. In addition, each Sub-Servicing Agreement shall provide for servicing of the Mortgage Loans consistent with the terms of this Agreement. The Master Servicer and the Sub-Servicers may enter into Sub-Servicing Agreements and make amendments to the Sub-Servicing Agreements or enter into different forms of Sub-Servicing Agreements providing for, among other things, the delegation by the Master Servicer to a Sub-Servicer of additional duties regarding the administration of the Mortgage Loans; provided, however, that any such amendments or different forms shall be consistent with and not violate the provisions of this Agreement, and that no such amendment or different form shall be made or entered into which could be reasonably expected to be materially adverse to the interests of the Certificateholders, without the consent of the Holders of Certificates entitled to at least 51% of the Voting Rights. The parties hereto acknowledge that the initial Sub-Servicer shall be Countrywide.

The Master Servicer has entered into a separate Sub-Servicing Agreement with Countrywide for the servicing and administration of certain of the Mortgage Loans and may enter into additional Sub-Servicing Agreements with other Sub-Servicers for the servicing and administration of certain of the Mortgage Loans.


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(b) As part of its servicing activities hereunder, the Master Servicer, for the benefit of the Trustee and the Certificateholders, shall enforce the obligations of each Sub-Servicer under the related Sub-Servicing Agreement. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Master Servicer, in its good faith business judgment, would require were it the owner of the Mortgage Loans. The Master Servicer shall pay the costs of such enforcement at its own expense, but shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement only to the extent, if any, that such recovery exceeds all amounts due in respect of the Mortgage Loan or (ii) from a specific recovery of costs, expenses or attorneys' fees against the party against whom such enforcement is directed.

(c) [Reserved].

(d) The Master Servicer represents that it will cause any Sub-Servicer to accurately and fully report its borrower credit files to all three credit repositories in a timely manner.

Section 3.03. Successor Sub-Servicers.

The Master Servicer shall be entitled to terminate any Sub-Servicing Agreement and the rights and obligations of any Sub-Servicer pursuant to any Sub-Servicing Agreement in accordance with the terms and conditions of such Sub-Servicing Agreement. In the event of termination of any Sub-Servicer, all servicing obligations of such Sub-Servicer shall be assumed simultaneously by the Master Servicer without any act or deed on the part of such Sub-Servicer or the Master Servicer, and the Master Servicer either shall service directly the Mortgage Loans or shall enter into a Sub-Servicing Agreement with a successor Sub-Servicer which qualifies under Section 3.02.

Section 3.04. Liability of the Master Servicer.

Notwithstanding any Sub-Servicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Master Servicer and a Sub-Servicer or reference to actions taken through a Sub-Servicer or otherwise, the Master Servicer shall under all circumstances remain obligated and primarily liable to the Trustee and Certificateholders for the servicing and administering of the Mortgage Loans and any REO Property in accordance with the provisions of Article III without diminution of such obligation or liability by virtue of such Sub-Servicing Agreements or arrangements or by virtue of indemnification from the Sub-Servicer and to the same extent and under the same terms and conditions as if the Master Servicer alone were servicing and administering the Mortgage Loans. For purposes of this Agreement, the Master Servicer shall be deemed to have received payments on Mortgage Loans when the Sub-Servicer has received such payments. The Master Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Master Servicer by such Sub-Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.


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Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.

Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such and not as an originator shall be deemed to be between the Sub-Servicer and the Master Servicer alone, and the Trustee and Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06, 3.17 and 4.03. The Master Servicer (or Sub-Servicers) shall be liable for the payment of any franchise taxes which may be assessed by the California Franchise Tax Board in connection with the activities of the Trust under this Agreement.

Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.

(a) If the Trustee or its designee shall assume the master servicing obligations of the Master Servicer in accordance with Section 7.02 below, the Trustee, to the extent necessary to permit the Trustee to carry out the provisions of Section 7.02 with respect to the Mortgage Loans, shall succeed to all of the rights and obligations of the Master Servicer under each of the Sub-Servicing Agreements. In such event, the Trustee or its designee as the successor master servicer shall be deemed to have assumed all of the Master Servicer's rights and obligations therein and to have replaced the Master Servicer as a party to such Sub-Servicing Agreements to the same extent as if such Sub-Servicing Agreements had been assigned to the Trustee or its designee as a successor master servicer, except that the Trustee or its designee as a successor master servicer shall not be deemed to have assumed any obligations or liabilities of the Master Servicer arising prior to such assumption (other than the obligation to make any Advances hereunder) and the Master Servicer shall not thereby be relieved of any liability or obligations under such Sub-Servicing Agreements arising prior to such assumption. Nothing in the foregoing shall be deemed to entitle the Trustee or its designee as a successor master servicer at any time to receive any portion of the servicing compensation provided under Section 3.17 except for such portion as the Master Servicer would be entitled to receive.

(b) In the event that the Trustee or its designee as successor master servicer for the Trustee assumes the servicing obligations of the Master Servicer under Section 7.02, upon the reasonable request of the Trustee or such designee as successor master servicer the Master Servicer shall at its own expense deliver to the Trustee, or at its written request to such designee, photocopies of all documents, files and records, electronic or otherwise, relating to the Sub-Servicing Agreements and the related Mortgage Loans or REO Property then being serviced and an accounting of amounts collected and held by it, if any, and will otherwise cooperate and use its reasonable efforts to effect the orderly and efficient transfer of the Sub-Servicing Agreements, or responsibilities hereunder to the Trustee, or at its written request to such designee as successor master servicer.


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Section 3.07. Collection of Certain Mortgage Loan Payments.

(a) The Master Servicer will coordinate and monitor remittances by Sub-Servicers to the Master Servicer with respect to the Mortgage Loans in accordance with this Agreement.

(b) The Master Servicer shall make its reasonable efforts to collect or cause to be collected all payments required under the terms and provisions of the Mortgage Loans and shall follow, and use its reasonable efforts to cause Sub-Servicers to follow, collection procedures comparable to the collection procedures of prudent mortgage lenders servicing mortgage loans for their own account to the extent such procedures shall be consistent with this Agreement. Consistent with the foregoing, the Master Servicer may in its discretion (i) waive or permit to be waived any late payment charge, assumption fee, or any penalty interest in connection with the prepayment of a Mortgage Loan and (ii) suspend or reduce or permit to be suspended or reduced regular monthly payments for a period of up to six months, or arrange or permit an arrangement with a Mortgagor for a scheduled liquidation of delinquencies. In the event the Master Servicer shall consent to the deferment of the due dates for payments due on a Mortgage Note, the Master Servicer shall nonetheless make an Advance or shall cause the related Sub-Servicer to make an Advance to the same extent as if such installment were due, owing and delinquent and had not been deferred through liquidation of the Mortgaged Property; provided, however, that the obligation of the Master Servicer or related Sub-Servicer to make an Advance shall apply only to the extent that such Advances are not Nonrecoverable Advances.

(c) On each Determination Date, with respect to each Mortgage Loan for which during the related Prepayment Period the Master Servicer has determined that all amounts which it expects to recover from or on account of each such Mortgage Loan have been recovered and that no further Liquidation Proceeds will be received in connection therewith, the Master Servicer shall provide to the Trustee a certificate of a Servicing Officer that such Mortgage Loan became a Liquidated Mortgage Loan in a Cash Liquidation or REO Disposition.

The Master Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans, and shall, to the extent such procedures shall be consistent with this Agreement and the terms and provisions of any related Insurance Policy, follow such collection procedures as it would follow with respect to mortgage loans comparable to the Mortgage Loans and held for its own account. The Master Servicer shall not be required to institute or join in litigation with respect to collection of any payment (whether under a Mortgage, Mortgage Note, Primary Hazard Insurance Policy or otherwise or against any public or governmental authority with respect to a taking or condemnation) if it reasonably believes that it is prohibited by applicable law from enforcing the provision of the Mortgage or other instrument pursuant to which such payment is required. The Master Servicer shall be responsible for preparing and distributing all information statements relating to payments on the Mortgage Loans, in accordance with all applicable federal and state tax laws and regulations.


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Section 3.08. Sub-Servicing Accounts.

In those cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-Servicing Agreement, the Sub-Servicer will be required to establish and maintain one or more accounts (collectively, the “Sub-Servicing Account”). The Sub-Servicing Account shall be an Eligible Account and shall otherwise be acceptable to the Master Servicer. All amounts held in a Sub-Servicing Account shall be held in trust for the Trustee for the benefit of the Certificateholders. Any investment of funds held in such an account shall be in Permitted Investments maturing not later than the Business Day immediately preceding the next Sub-Servicer Remittance Date. The Sub-Servicer will be required to deposit into the Sub-Servicing Account no later than two Business Days after receipt all proceeds of Mortgage Loans received by the Sub-Servicer, less its servicing compensation and any unreimbursed expenses and advances, to the extent permitted by the Sub-Servicing Agreement. On each Sub-Servicer Remittance Date the Sub-Servicer will be required to remit to the Master Servicer for deposit in the Custodial Account all funds held in the Sub-Servicing Account with respect to any Mortgage Loan as of the Sub-Servicer Remittance Date, after deducting from such remittance an amount equal to the servicing compensation (including interest on Permitted Investments) and unreimbursed expenses and advances to which it is then entitled pursuant to the related Sub-Servicing Agreement, to the extent not previously paid to or retained by it. In addition, on each Sub-Servicer Remittance Date the Sub-Servicer will be required to remit to the Master Servicer any amounts required to be advanced pursuant to the related Sub-Servicing Agreement. The Sub-Servicer will also be required to remit to the Master Servicer, within five Business Days of receipt, the proceeds of any Principal Prepayment made by the Mortgagor, and, on each Sub-Servicer Remittance Date, the amount of any Insurance Proceeds or Liquidation Proceeds received during the related Prepayment Period.

Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts.

The Master Servicer and the Sub-Servicers shall establish and maintain one or more accounts (the “Servicing Accounts”), and shall deposit and retain therein all collections from the Mortgagors (or related advances from Sub-Servicers) for the payment of taxes, assessments, Primary Hazard Insurance Policy premiums, and comparable items for the account of the Mortgagors, to the extent that the Master Servicer customarily escrows for such amounts. Withdrawals of amounts so collected from a Servicing Account may be made only to (i) effect payment of taxes, assessments, Primary Hazard Insurance Policy premiums and comparable items; (ii) reimburse the Master Servicer (or a Sub-Servicer to the extent provided in the related Sub-Servicing Agreement) out of related collections for any payments made pursuant to Sections 3.01 (with respect to taxes and assessments), and 3.13 (with respect to Primary Hazard Insurance Policies); (iii) refund to Mortgagors any sums as may be determined to be overages; (iv) payment of investment income to the extent provided in the mortgage loan documentation or (v) clear and terminate the Servicing Account at the termination of this Agreement pursuant to Section 9.01. As part of its servicing duties, the Master Servicer or Sub-Servicers shall, if and to the extent required by law, pay to the Mortgagors interest on funds in Servicing Accounts from its or their own funds, without any reimbursement therefor.


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Section 3.10. Custodial Account.

(a) The Master Servicer shall establish and maintain one or more accounts (collectively, the “Custodial Account”) in which the Master Servicer shall deposit or cause to be deposited on a daily basis, or as and when received and identified from the Sub-Servicers, the following payments and collections received or made by or on behalf of it subsequent to the Cut-off Date with respect to the Mortgage Loans, or payments received by it prior to the Cut-off Date but allocable to a period subsequent thereto (other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date):

(i) all payments (including advances by a Sub-Servicer) on account of principal, including Principal Prepayments, on the Mortgage Loans;

(ii) all payments (including advances by a Sub-Servicer) on account of interest on the Mortgage Loans, net of any portion thereof retained by the Master Servicer or any Sub-Servicer as Servicing Fees;

(iii) all Insurance Proceeds, other than proceeds that represent reimbursement of costs and expenses incurred by the Master Servicer or any Sub-Servicer in connection with presenting claims under the related Insurance Policies, Liquidation Proceeds and REO Proceeds;

(iv) all proceeds of any Mortgage Loan or REO Property repurchased or purchased in accordance with Sections 2.02, 2.04, 3.14, 3.27 or 9.01; and all amounts required to be deposited in connection with the substitution of a Qualified Substitute Mortgage Loan pursuant to Section 2.04; and

(v) any amounts required to be deposited pursuant to Section 3.12, 3.13, 3.15 or 3.22.

The foregoing requirements for deposit in the Custodial Account shall be exclusive. In the event the Master Servicer shall deposit in the Custodial Account any amount not required to be deposited therein, it may withdraw such amount from the Custodial Account, any provision herein to the contrary notwithstanding. The Custodial Account shall be maintained as a segregated account, separate and apart from trust funds created for mortgage pass-through certificates of other series, and the other accounts of the Master Servicer.

(b) Funds in the Custodial Account may be invested in Permitted Investments in accordance with the provisions set forth in Section 3.12. The Master Servicer shall give notice to the Trustee and the Depositor of the location of the Custodial Account after any change thereof.


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Section 3.11. Permitted Withdrawals From the Custodial Account.

The Master Servicer may, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.10 that are attributable to the Mortgage Loans for the following purposes:

(i) to make deposits into the Certificate Account in the amounts and in the manner provided for in Section 4.01;

(ii) to pay to itself, the Depositor, the Sponsor or any other appropriate person, as the case may be, with respect to each Mortgage Loan that has previously been purchased or repurchased pursuant to Sections 2.02, 2.04, 3.14, 3.27 or 9.01 all amounts received thereon and not yet distributed as of the date of purchase or repurchase;

(iii) to reimburse itself or any Sub-Servicer for Advances not previously reimbursed, the Master Servicer's or any Sub-Servicer's right to reimbursement pursuant to this clause (iii) being limited to amounts received which represent Late Collections (net of the related Servicing Fees) of Monthly Payments on Mortgage Loans with respect to which such Advances were made and as further provided in Section 3.15;

(iv) to reimburse or pay itself, the Trustee or the Depositor for expenses incurred by or reimbursable to the Master Servicer, the Trustee or the Depositor pursuant to Sections 3.22, 6.03, 8.05 or 10.01(g), except as otherwise provided in such Sections hereof;

(v) to reimburse itself or any Sub-Servicer for costs and expenses incurred by or reimbursable to it relating to the prosecution of any claims pursuant to Section 3.13 that are in excess of the amounts so recovered;

(vi) to reimburse itself or any Sub-Servicer for unpaid Master Servicing Fees, Sub-Servicing Fees and unreimbursed Servicing Advances, the Master Servicer's or any Sub-Servicer's right to reimbursement pursuant to this clause (vi) with respect to any Mortgage Loan being limited to late recoveries of the payments for which such advances were made pursuant to Section 3.01 or Section 3.09 and any other related Late Collections and as further provided in Section 3.15;


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(vii) to pay itself as servicing compensation (in addition to the Master Servicing Fee and Sub-Servicing Fee), on or after each Distribution Date, any interest or investment income earned on funds deposited in the Custodial Account for the period ending on such Distribution Date;

(viii) to reimburse itself or any Sub-Servicer for any Advance or Servicing Advance previously made, after a Realized Loss has been allocated with respect to the related Mortgage Loan if the Advance or Servicing Advance was not reimbursed pursuant to clauses (iii) and (vi);

(ix) to pay PMI Insurer the premium under the PMI Insurer Policies;

(x) to clear and terminate the Custodial Account at the termination of this Agreement pursuant to Section 9.01; and

(xi) to reimburse itself or any Sub-Servicer from general collections for any Advance or Servicing Advance made that has been deemed by the Master Servicer to be a Nonrecoverable Advance.

The Master Servicer shall keep and maintain separate accounting records on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Custodial Account pursuant to such subclauses (ii) through (x). Reconciliations will be prepared for the Custodial Account within 45 Calendar days after the bank statement cut-off date. All items requiring reconciliation will be resolved within 90 calendar days of their original identification.

Section 3.12. Permitted Investments.

Any institution maintaining the Custodial Account shall at the direction of the Master Servicer invest the funds in such account in Permitted Investments, each of which shall mature not later than (i) the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Trustee is the obligor thereon, and (ii) no later than the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the Trustee is the obligor thereon and shall not be sold or disposed of prior to its maturity. All income and gain realized from any such investment as well as any interest earned on deposits in the Custodial Account shall be for the benefit of the Master Servicer. The Master Servicer shall deposit in the Custodial Account an amount equal to the amount of any loss incurred in respect of any such investment immediately upon realization of such loss without right of reimbursement.


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The Trustee or its Affiliates are permitted to receive additional compensation that could be deemed to be in the Trustee’s economic self-interest for (i) serving as investment adviser, administrator, shareholder servicing agent, custodian or sub-custodian with respect to certain of the Permitted Investments, (ii) using Affiliates to effect transactions in certain Permitted Investments and (iii) effecting transactions in certain Permitted Investments.

Funds on deposit in the Net WAC Shortfall Reserve Fund may be invested in Permitted Investments in accordance with this Section 3.12 subject to any limitations set forth in Section 4.08 (with respect to the Net WAC Shortfall Reserve Fund) and any investment earnings or interest paid shall accrue to the Trustee and the Trustee shall deposit in the related account from its own funds the amount of any loss incurred on Permitted Investments in such account.

Section 3.13. Maintenance of Primary Hazard Insurance.

The Master Servicer shall cause to be maintained for each Mortgage Loan primary hazard insurance by a Qualified Insurer or other insurer satisfactory to the Rating Agencies with extended coverage on the related Mortgaged Property in an amount equal to the lesser of (i) 100% of the replacement value of the improvements, as determined by the insurance company, on such Mortgaged Property or (ii) the unpaid principal balance of the Mortgage Loan. The Master Servicer shall also cause to be maintained on property acquired upon foreclosure, or deed in lieu of foreclosure, of any Mortgage Loan, fire insurance with extended coverage in an amount equal to the replacement value of the improvements thereon. Any costs incurred in maintaining any insurance described in this Section 3.13 (other than any deductible described in the last paragraph hereof) shall be recoverable as a Servicing Advance. The Master Servicer shall not be obligated to advance any amounts pursuant to this Section 3.13 if, in its good faith judgment, the Master Servicer determines that such advance would be a Nonrecoverable Advance. Pursuant to Section 3.10, any amounts collected by the Master Servicer under any such policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or property thus acquired or amounts released to the Mortgagor in accordance with the Master Servicer’s normal servicing procedures) shall be deposited in the Custodial Account, subject to withdrawal pursuant to Section 3.11. Any cost incurred by the Master Servicer in maintaining any such insurance shall not, for the purpose of calculating monthly distributions to Certificateholders, be added to the amount owing under the Mortgage Loan, notwithstanding that the terms of the Mortgage Loan so permit. It is understood and agreed that no earthquake or other additional insurance is to be required of any Mortgagor or maintained on property acquired in respect of a Mortgage Loan other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

The Master Servicer shall, or shall cause the related Sub-Servicer to, exercise its best reasonable efforts to maintain and keep in full force and effect each Primary Insurance Policy by a Qualified Insurer, or other insurer satisfactory to the Rating Agencies, with respect to each first lien Mortgage Loan as to which as of the Cut-Off Date such a Primary Insurance Policy was in effect (or, in the case of a Qualified Substitute Mortgage Loan, the date of substitution) and the original principal amount of the related Mortgage Note exceeded 80% of the Collateral Value in an amount at least equal to the excess of such original principal amount over 75% of such Collateral Value until the principal amount of any such first lien Mortgage Loan is reduced below 80% of the Collateral Value or, based upon a new appraisal, the principal amount of such first lien Mortgage Loan represents less than 80% of the new appraised value. The Master Servicer shall, or shall cause the related Sub-Servicer to, effect the timely payment of the premium on each Primary Insurance Policy. The Master Servicer and the related Sub-Servicer shall have the power to substitute for any Primary Insurance Policy another substantially equivalent policy issued by another Qualified Insurer, provided, that, such substitution shall be subject to the condition that it will not cause the ratings on the Certificates to be downgraded or withdrawn, as evidenced in writing from each Rating Agency.


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The Master Servicer shall cooperate with the PMI Insurer and shall use its best efforts to furnish all reasonable aid, evidence and information in the possession of the Master Servicer or to which the Master Servicer has access with respect to any PMI Mortgage Loan.

In the event of a default by PMI Insurer under the PMI Insurer Policy (a “Replacement Event”), the Master Servicer shall use its best efforts to obtain a substitute lender-paid primary mortgage insurance policy (a “Substitute PMI Policy”); provided, however, that the Master Servicer shall not be obligated, and shall have no liability for failing, to obtain a Substitute PMI Policy unless such Substitute PMI Policy can be obtained on the following terms and conditions: (i) the Certificates shall be rated no lower than the rating assigned by each Rating Agency to the Certificates immediately prior to such Replacement Event, as evidenced by a letter from each Rating Agency addressed to the Depositor, the Master Servicer and the Trustee, (ii) the timing and mechanism for drawing on such new Substitute PMI Policy shall be reasonably acceptable to the Master Servicer and the Trustee and (iii) the premiums under the proposed Substitute PMI Policy shall not exceed such premiums under the existing PMI Insurer Policy.

With respect to the PMI Mortgage Loans covered by a PMI Insurer Policy, the Master Servicer will confirm with PMI Insurer, and PMI Insurer will certify to the Trustee, on or before January 1, 2007, that the Mortgage Loans indicated on the Mortgage Loan Schedule as being covered by PMI Insurer Policy are so covered.

No earthquake or other additional insurance is to be required of any Mortgagor or maintained on property acquired with respect to a security instrument other than pursuant to such applicable laws and regulations as shall at any time be in force and shall require such additional insurance. When, at the time of origination of the Mortgage Loan or at any subsequent time, the Mortgaged Property is located in a federally designated special flood hazard area, the Master Servicer shall cause with respect to the Mortgage Loans and each REO Property flood insurance (to the extent available and in accordance with mortgage servicing industry practice) to be maintained. Such flood insurance shall cover the Mortgaged Property, including all items taken into account in arriving at the Collateral Value on which the Mortgage Loan was based, and shall be in an amount equal to the lesser of (i) the Stated Principal Balance of the related Mortgage Loan and (ii) the minimum amount required under the terms of coverage to compensate for any damage or loss on a replacement cost basis, but not more than the maximum amount of such insurance available for the related Mortgaged Property under either the regular or emergency programs of the National Flood Insurance Program (assuming that the area in which such Mortgaged Property is located is participating in such program). Unless applicable state law requires a higher deductible, the deductible on such flood insurance may not exceed $5,000 in the case of a one- to four-family residence and $25,000 in the case of a condominium, cooperative or PUD.


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In the event that the Master Servicer shall obtain and maintain a blanket fire insurance policy with extended coverage insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first two sentences of this Section 3.13, it being understood and agreed that such policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with the first two sentences of this Section 3.13 and there shall have been a loss which would have been covered by such policy, deposit in the Certificate Account from its own funds the amount not otherwise payable under the blanket policy because of such deductible clause. Any such deposit by the Master Servicer shall be made on the Certificate Account Deposit Date next preceding the Distribution Date which occurs in the month following the month in which payments under any such policy would have been deposited in the Custodial Account. Any such deposit shall not be deemed Servicing Advances and the Master Servicer shall not be entitled to reimbursement therefor. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to present, on behalf of itself, the Trustee and Certificateholders, claims under any such blanket policy.

Section 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements.


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The Master Servicer will, to the extent it has knowledge of any conveyance or prospective conveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note or the Mortgage), exercise or cause to be exercised its rights to accelerate the maturity of such Mortgage Loan under any “due-on-sale” clause applicable thereto; provided, however, that the Master Servicer shall not exercise any such rights if it reasonably believes that it is prohibited by law from doing so. The Master Servicer or the related Sub-Servicer may repurchase a Mortgage Loan at the Purchase Price when the Master Servicer requires acceleration of the Mortgage Loan, but only if the Master Servicer is satisfied, as evidenced by an Officer's Certificate delivered to the Trustee, that either (i) such Mortgage Loan is in default or default is reasonably foreseeable or (ii) if such Mortgage Loan is not in default or default is not reasonably foreseeable, such repurchase will have no adverse tax consequences for the Trust Fund or any Certificateholder. If the Master Servicer is unable to enforce such “due-on-sale” clause (as provided in the second preceding sentence) or if no “due-on-sale” clause is applicable, the Master Servicer or the Sub-Servicer is authorized to enter into an assumption and modification agreement with the Person to whom such property has been conveyed or is proposed to be conveyed, pursuant to which such Person becomes liable under the Mortgage Note and, to the extent permitted by applicable state law, the Mortgagor remains liable thereon; provided, however, that the Master Servicer shall not enter into any assumption and modification agreement if the coverage provided under the Primary Insurance Policy, if any, would be impaired by doing so. The Master Servicer shall notify the Trustee, whenever possible, before the completion of such assumption agreement, and shall forward to the Trustee the original copy of such assumption agreement, which copy shall be added by the Trustee to the related Mortgage File and which shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any such assumption agreement, the interest rate on the related Mortgage Loan shall not be changed and no other material alterations in the Mortgage Loan shall be made unless such material alteration would not cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC for federal income tax purposes, as evidenced by an Opinion of Counsel. The Master Servicer is also authorized to enter into a substitution of liability agreement with such Person, pursuant to which the original Mortgagor is released from liability and such Person is substituted as the Mortgagor and becomes liable under the Mortgage Note. Any fee collected by or on behalf of the Master Servicer for entering into an assumption or substitution of liability agreement will be retained by or on behalf of the Master Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including but not limited to the Mortgage Rate, the amount of the Monthly Payment and any other term affecting the amount or timing of payment on the Mortgage Loan) may be changed. The Master Servicer shall not enter into any substitution or assumption if such substitution or assumption shall (i) both constitute a “significant modification” effecting an exchange or reissuance of such Mortgage Loan under the Code (or Treasury regulations promulgated thereunder) and cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the REMIC Provisions or (ii) cause the imposition of any tax on “prohibited transactions” or “contributions” after the Startup Day under the REMIC Provisions. The Master Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed and shall forward to the Trustee the original copy of such substitution or assumption agreement, which copy shall be added to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. A portion equal to up to 2% of the Collateral Value of the related Mortgage Loan, of any fee or additional interest collected by the related Sub-Servicer for consenting in any such conveyance or entering into any such assumption agreement may be retained by the related Sub-Servicer as additional servicing compensation.

Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Master Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption that the Master Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.14, the term “assumption” is deemed to also include a sale of a Mortgaged Property that is not accompanied by an assumption or substitution of liability agreement.


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Section 3.15. Realization Upon Defaulted Mortgage Loans.

The Master Servicer shall exercise reasonable efforts, consistent with the procedures that the Master Servicer would use in servicing loans for its own account, to foreclose upon or otherwise comparably convert (which may include an REO Acquisition) the ownership of properties securing such of the Mortgage Loans as come into and continue in default and as to which no satisfactory arrangements can be made for collection of delinquent payments pursuant to Section 3.07, and which are not released from the Trust Fund pursuant to any other provision hereof. The Master Servicer shall use reasonable efforts to realize proceeds from such defaulted Mortgage Loans in such manner (including short sales and passing through to the Trust Fund less than the full amount it expects to receive from the related Mortgage Loan) as will maximize the receipt of principal and interest by Certificateholders, taking into account, among other things, the timing of foreclosure proceedings. The foregoing is subject to the provisions that, in any case in which Mortgaged Property shall have suffered damage from an Uninsured Cause, the Master Servicer shall not be required to expend its own funds toward the restoration of such property unless it shall determine in its sole discretion (i) that such restoration will increase the net proceeds of liquidation of the related Mortgage Loan to Certificateholders after reimbursement to itself for such expenses, and (ii) that such expenses will be recoverable by the Master Servicer through Insurance Proceeds or Liquidation Proceeds from the related Mortgaged Property, as contemplated in Section 3.11. The Master Servicer shall be responsible for all other costs and expenses incurred by it in any such proceedings; provided, however, that it shall be entitled to reimbursement thereof from the related property, as contemplated in Section 3.11.

The proceeds of any Cash Liquidation or REO Disposition, as well as any recovery resulting from a partial collection of Insurance Proceeds or Liquidation Proceeds or any income from an REO Property, will be deposited into the Custodial Account and applied in the following order of priority: first, to reimburse the Master Servicer or any Sub-Servicer for any related unreimbursed Servicing Advances, pursuant to Section 3.11(vi) or 3.22; second, to accrued and unpaid interest on the Mortgage Loan or REO Imputed Interest, at the Mortgage Rate, to the date of the Cash Liquidation or REO Disposition, or to the Due Date prior to the Distribution Date on which such amounts are to be distributed if not in connection with a Cash Liquidation or REO Disposition; and third, as a recovery of principal of the Mortgage Loan. If the amount of the recovery so allocated to interest is less than a full recovery thereof, that amount will be allocated as follows: first, to unpaid Master Servicing Fees or Sub-Servicing Fees; and second, to interest at the Net Mortgage Rate. The portion of the recovery so allocated to unpaid Master Servicing Fees or Sub-Servicing Fees shall be reimbursed to the Master Servicer or any Sub-Servicer pursuant to Section 3.11(vi). The portions of the recovery so allocated to interest at the Net Mortgage Rate and to principal of the Mortgage Loan shall be applied as follows: first, to reimburse the Master Servicer or any Sub-Servicer for any related unreimbursed Advances in accordance with Section 3.11(iii) or 3.22, second, payment to the PMI Insurer in accordance with Sections 3.11(ix) and third, for payment to the Trustee and distribution to the Certificateholders in accordance with the provisions of Section 4.01, subject to Section 3.22 with respect to certain recoveries from an REO Disposition constituting Excess Proceeds. To the extent the Master Servicer receives additional recoveries following a Cash Liquidation, the amount of the Realized Loss will be restated, and the additional recoveries will be passed through the Trust Fund as Liquidation Proceeds.


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The Master Servicer, on behalf of the Trust, may also, in its discretion, as an alternative to foreclosure, sell defaulted Mortgage Loans at fair market value to third-parties, if the Master Servicer reasonably believes that such sale would maximize proceeds to the Certificateholders in the aggregate (on a present value basis) with respect to that Mortgage Loan.

Section 3.16. Trustee to Cooperate; Release of Mortgage Files.

Upon the payment in full of any Mortgage Loan, or the receipt by the Master Servicer of a notification that payment in full shall be escrowed in a manner customary for such purposes, the Master Servicer will immediately notify the Trustee by a certification (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 3.10 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File in the form of the Request for Release attached hereto as Exhibit F-2. Upon receipt by the Trustee of such certification and request, the Trustee shall promptly release the related Mortgage File to the Master Servicer. Subject to the receipt by the Master Servicer of the proceeds of such payment in full and the payment of all related fees and expenses, the Master Servicer shall arrange for the release to the Mortgagor of the original canceled Mortgage Note. In connection with the satisfaction of any MOM Loan, the Master Servicer is authorized to cause the removal from the registration on the MERS® System of such Mortgage. All other documents in the Mortgage File shall be retained by the Master Servicer to the extent required by applicable law. The Master Servicer shall provide for preparation of the appropriate instrument of satisfaction covering any Mortgage Loan which pays in full and the Trustee shall cooperate in the execution and return of such instrument to provide for its delivery or recording as may be required. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account or the Certificate Account.

From time to time and as appropriate for the servicing or foreclosure of any Mortgage Loan, including, for this purpose, collection under any insurance policy relating to the Mortgage Loan, the Trustee shall, upon request of the Master Servicer and delivery to the Trustee of a Request for Release in the form attached hereto as Exhibit F-1, release the related Mortgage File to the Master Servicer and the Trustee shall execute such documents as the Master Servicer shall prepare and request as being necessary to the prosecution of any such proceedings. Such Request for Release shall obligate the Master Servicer to return each document previously requested from the Mortgage File to the Trustee when the need therefor by the Master Servicer no longer exists; and in any event within 21 days of the Master Servicer's receipt thereof, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Master Servicer has delivered to the Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a Request for Release stating that such Mortgage Loan was liquidated and that all amounts received or to be received in connection with such liquidation which are required to be deposited into the Custodial Account have been or will be so deposited, or that such Mortgage Loan has become an REO Property, a copy of the Request for Release shall be released by the Trustee to the Master Servicer.


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Upon written request of a Servicing Officer, the Trustee shall execute and deliver to the Master Servicer any court pleadings, requests for trustee’s sale or other documents prepared by the Master Servicer that are necessary to the foreclosure or trustee’s sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Each such request that such pleadings or documents be executed by the Trustee shall include a certification signed by a Servicing Officer as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee’s sale.

Section 3.17. Servicing Compensation.

As compensation for its activities hereunder, the Master Servicer shall be entitled to withhold and retain, from deposits to the Custodial Account of amounts representing payments or recoveries of interest, the Master Servicing Fees and Sub-Servicing Fees with respect to each Mortgage Loan (less any portion of such amounts retained by any Sub-Servicer). In addition, the Master Servicer shall be entitled to recover unpaid Master Servicing Fees and Sub-Servicing Fees out of related Late Collections to the extent permitted in Section 3.11.

Each Sub-Servicing Agreement shall permit the related Sub-Servicer to retain the Sub-Servicer Fees from collections on the related Mortgage Loans, or shall provide that the Sub-Servicer be paid directly by the Master Servicer from collections on the related Mortgage Loans. To the extent the Master Servicer directly services a Mortgage Loan, the Master Servicer shall be entitled to retain the Sub-Servicing Fees for that Mortgage Loan.

The Master Servicer also shall be entitled pursuant to Section 3.11 to receive from the Custodial Account as additional servicing compensation interest or other income earned on deposits therein, subject to Section 3.23, as well as any assumption fees, late payment charges and reconveyance fees. The Master Servicer shall not be entitled to retain any Prepayment Charges. Any Prepayment Charges identified on Exhibit H hereto as belonging to the Class P Certificateholder shall be paid to the Holders of the Class P Certificates. Any Prepayment Charges identified on Exhibit H hereto as belonging to a Sub-Servicer shall be paid to the related Sub-Servicer. The Master Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including payment of the premiums for any blanket policy insuring against hazard losses pursuant to Section 3.13 and servicing compensation of the Sub-Servicer to the extent not retained by it), and shall not be entitled to reimbursement therefor except as specifically provided in Section 3.11. The Master Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the Master Servicer's responsibilities and obligations under this Agreement.


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Section 3.18. Maintenance of Certain Servicing Policies.

The Master Servicer shall obtain and maintain at its own expense and shall cause each Sub-Servicer to obtain and maintain for the duration of this Agreement a blanket fidelity bond and an errors and omissions insurance policy covering the Master Servicer's and such Sub-Servicer's officers, employees and other persons acting on its behalf in connection with its activities under this Agreement. The amount of coverage shall be at least equal to the coverage maintained by the Master Servicer or Sub-Servicer in order to be acceptable to Fannie Mae or Freddie Mac to service loans for it or otherwise in an amount as is commercially available at a cost that is generally not regarded as excessive by industry standards. The Master Servicer shall promptly notify the Trustee in writing of any material change in the terms of such bond or policy. The Master Servicer shall provide annually to the Trustee a certificate of insurance that such bond and policy are in effect. If any such bond or policy ceases to be in effect, the Master Servicer shall, to the extent possible, give the Trustee ten days' notice prior to any such cessation and shall use its reasonable best efforts to obtain a comparable replacement bond or policy, as the case may be.

Section 3.19. Annual Statement as to Compliance.

Not later than March 22nd of each calendar year beginning in 2008, the Master Servicer at its own expense shall deliver to the Trustee via e-mail (DBSEC.Notifications@db.com), and shall deliver (or otherwise make available) to the Certificate Insurer, a certificate (an “Annual Statement of Compliance”) signed by a Servicing Officer stating, as to the signers thereof, that (i) a review of the activities of the Master Servicer during the preceding calendar year and of performance under this Agreement or other applicable servicing agreement has been made under such officers’ supervision, (ii) to the best of such officers’ knowledge, based on such review, the Master Servicer has fulfilled all its obligations under this Agreement or other applicable servicing agreement in all material respects for such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Master Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Sub-Servicer, the Master Servicer shall deliver a similar Annual Statement of Compliance by that Sub-Servicer to the Trustee as described above as and when required with respect to the Master Servicer.


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Failure of the Master Servicer to timely comply with this Section 3.19 shall be deemed an Event of Default, and the Trustee may, in addition to whatever rights the Trustee may have under this Agreement and at law or equity or to damages, including injunctive relief and specific performance, upon notice immediately terminate all the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Master Servicer for the same. This paragraph shall supersede any other provision in this Agreement or any other agreement to the contrary.

Section 3.20. Assessments of Compliance and Attestation Reports.

Pursuant to Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(a) of Regulation AB, the Master Servicer shall deliver to the Trustee via e-mail (DBSEC.Notifications@db.com) on or before March 22nd of each calendar year beginning in 2008, a report regarding the Master Servicer’s assessment of compliance (an “Assessment of Compliance”) with the applicable Servicing Criteria (as set forth in Exhibit N) during the preceding calendar year. The Assessment of Compliance must contain the following:

(a) A statement by such officer of its responsibility for assessing compliance with the Servicing Criteria applicable to the Master Servicer;

(b) A statement by such officer that such officer used the Servicing Criteria, and which will also be attached to the Assessment of Compliance, to assess compliance with the Servicing Criteria applicable to the Master Servicer;

(c) An assessment by such officer of the Master Servicer’s compliance with the applicable Servicing Criteria for the period consisting of the preceding calendar year, including disclosure of any material instance of noncompliance with respect thereto during such period, which assessment shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans;

(d) A statement that a registered public accounting firm has issued an attestation report on the Master Servicer’s Assessment of Compliance for the period consisting of the preceding calendar year; and

(e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Master Servicer, which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans.


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Such report at a minimum shall address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to the Master Servicer.

On or before March 22nd of each calendar year beginning in 2008, the Master Servicer shall furnish to the Trustee a report (an “Attestation Report”) by a registered public accounting firm that attests to, and reports on, the Assessment of Compliance made by the Master Servicer, as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation AB, which Attestation Report must be made in accordance with standards for attestation reports issued or adopted by the Public Company Accounting Oversight Board.

The Master Servicer shall cause any Sub-Servicer and each subcontractor determined by the Master Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, to deliver to the Trustee and the Depositor an Assessment of Compliance and Attestation Report as and when provided above.

Such Assessment of Compliance, as to any Sub-Servicer, shall address each of the Servicing Criteria applicable to the Sub-Servicer. Notwithstanding the foregoing, as to any subcontractor determined by the Master Servicer to be “participating in the servicing function,” an Assessment of Compliance is not required to be delivered unless it is required as part of a Form 10-K with respect to the Trust Fund.

Failure of the Master Servicer to timely comply with this Section 3.20 (taking into account the cure period if permitted as set forth in the preceding paragraph) shall be deemed an Event of Default, and the Trustee may, in addition to whatever rights the Trustee may have under this Agreement and at law or equity or to damages, including injunctive relief and specific performance, give notice to Certificateholders that they have ten Business Days to object. If no such objection is received, the Trustee shall immediately terminate all the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Master Servicer for the same (other than as provided herein with respect to unreimbursed Advances or Servicing Advances or accrued and unpaid Servicing Fees). This paragraph shall supercede any other provision in this Agreement or any other agreement to the contrary.

The Trustee shall also provide an Assessment of Compliance (with respect to items (a) - (d) but not (e) above) and Attestation Report, as and when provided above, which shall at a minimum address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to the “trustee”. Notwithstanding the foregoing, as to any trustee, an Assessment of Compliance is not required to be delivered unless it is required as part of a Form 10-K with respect to the Trust Fund.

Section 3.21. Access to Certain Documentation.

The Master Servicer shall provide, and shall cause any Sub-Servicer to provide, to the Trustee, access to the documentation in their possession regarding the related Mortgage Loans and REO Properties and to the Certificateholders, the FDIC, and the supervisory agents and examiners of the FDIC (to which the Trustee shall also provide) access to the documentation regarding the related Mortgage Loans required by applicable regulations, such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Sub-Servicers that are designated by these entities; provided, however, that, unless otherwise required by law, the Trustee, the Master Servicer or the Sub-Servicer shall not be required to provide access to such documentation if the provision thereof would violate the legal right to privacy of any Mortgagor. The Master Servicer and the Sub-Servicers shall allow representatives of the above entities to photocopy any of the documentation and shall provide equipment for that purpose at a charge that covers their own actual out-of-pocket costs. The Master Servicer shall designate a Servicing Officer to provide certain information regarding the Mortgage Loans.


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Section 3.22. Title, Conservation and Disposition of REO Property.

This Section shall apply only to REO Properties acquired for the account of REMIC 1 and shall not apply to any REO Property relating to a Mortgage Loan which was purchased or repurchased from REMIC 1 pursuant to Sections 2.02, 2.04, 3.14 or 3.27. In the event that title to any such REO Property is acquired, the deed or certificate of sale shall be issued to the Trustee, or to its nominee, on behalf of the Certificateholders. The Master Servicer, on behalf of REMIC 1, shall either sell any REO Property before the close of the third taxable year following the taxable year in which REMIC 1 acquires ownership of such REO Property for purposes of Section 860G(a)(8) of the Code or, at the expense of REMIC 1, request, more than 60 days before the day on which the three-year grace period would otherwise expire an extension of the three-year grace period, unless the Master Servicer has delivered to the Trustee an Opinion of Counsel (which shall not be at the expense of the Trustee), addressed to the Trustee and the Master Servicer, to the effect that the holding by REMIC 1 of such REO Property subsequent to the close of the third taxable year following the taxable year in which REMIC 1 acquires ownership of such REO Property will not result in the imposition on REMIC 1 of taxes on “prohibited transactions” thereof, as defined in Section 860F of the Code, or cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the REMIC Provisions or comparable provisions of the laws of the State of California at any time that any Certificates are outstanding. The Master Servicer shall manage, conserve, protect and operate each REO Property for the Certificateholders solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) or result in the receipt by any of REMIC 1, REMIC 2 or REMIC 3 of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code or any “net income from foreclosure property” which is subject to taxation under the REMIC Provisions. Pursuant to its efforts to sell such REO Property, the Master Servicer shall either itself or through an agent selected by the Master Servicer protect and conserve such REO Property in the same manner and to such extent as is customary in the locality where such REO Property is located and may, incident to its conservation and protection of the interests of the Certificateholders, rent the same, or any part thereof, as the Master Servicer deems to be in the best interest of the Certificateholders for the period prior to the sale of such REO Property.


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Any REO Disposition shall be for cash only (unless changes in the REMIC Provisions made subsequent to the Startup Day allow a sale for other consideration).

The Master Servicer shall segregate and hold all funds collected and received in connection with the operation of any REO Property separate and apart from its own funds and general assets. The Master Servicer shall deposit, or cause to be deposited, on a daily basis in the Custodial Account all revenues received with respect to the REO Properties, net of any directly related expenses incurred or withdraw therefrom funds necessary for the proper operation, management and maintenance of the REO Property.

If as of the date of acquisition of title to any REO Property there remain outstanding unreimbursed Servicing Advances with respect to such REO Property or any outstanding Advances allocated thereto the Master Servicer, upon an REO Disposition, shall be entitled to reimbursement for any related unreimbursed Servicing Advances and any unreimbursed related Advances as well as any unpaid Master Servicing Fees or Sub-Servicing Fees from proceeds received in connection with the REO Disposition, as further provided in Section 3.15. The Master Servicer shall not be obligated to advance any amounts with respect to an REO Property if such advance would constitute a Nonrecoverable Advance.

The REO Disposition shall be carried out by the Master Servicer at such price and upon such terms and conditions as the Master Servicer shall determine.

The Master Servicer shall deposit the proceeds from the REO Disposition, net of any payment to the Master Servicer as provided above, in the Custodial Account upon receipt thereof for distribution in accordance with Section 4.01; provided, that any such net proceeds received by the Master Servicer which are in excess of the applicable Stated Principal Balance plus all unpaid REO Imputed Interest thereon through the last day of the month in which the REO Disposition occurred (“Excess Proceeds”) shall be retained by the Master Servicer as additional servicing compensation.

With respect to any Mortgage Loan as to which the Master Servicer has received notice of, or has actual knowledge of, the presence of any toxic or hazardous substance on the Mortgaged Property, the Master Servicer shall not, on behalf of the Trustee, either (i) obtain title to the related Mortgaged Property as a result of or in lieu of foreclosure or otherwise, or (ii) otherwise acquire possession of, the related Mortgaged Property, unless the Master Servicer has, at least 30 days prior to taking such action, obtained and delivered to the Trustee an environmental audit report prepared by a Person who regularly conducts environmental audits using customary industry standards. The Master Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund (other than proceeding against the Mortgaged Property) and is hereby authorized at such time as it deems appropriate to release such Mortgaged Property from the lien of the related Mortgage.


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The cost of the environmental audit report contemplated by this Section 3.22 shall be advanced by the Master Servicer as an expense of the Trust Fund, and the Master Servicer shall be reimbursed therefor from the Custodial Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the Custodial Account.

If the Master Servicer determines, as described above, that it is in the best economic interest of the Trust Fund to take such actions as are necessary to bring any such Mortgaged Property in compliance with applicable environmental laws, or to take such action with respect to the containment, clean-up or remediation of hazardous substances, hazardous materials, hazardous wastes, or petroleum-based materials affecting any such Mortgaged Property, then the Master Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund. The cost of any such compliance, containment, clean-up or remediation shall be advanced by the Master Servicer as an expense of the Trust Fund, and the Master Servicer shall be entitled to be reimbursed therefor from the Custodial Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the Custodial Account.

Section 3.23. Additional Obligations of the Master Servicer.

On each Certificate Account Deposit Date, the Master Servicer shall deliver to the Trustee for deposit in the Certificate Account from its own funds and without any right of reimbursement therefor, a total amount equal to the amount of Compensating Interest for the related Distribution Date.

Section 3.24. Additional Obligations of the Depositor.

The Depositor agrees that on or prior to the tenth day after the Closing Date, the Depositor shall provide the Trustee with a written notification, substantially in the form of Exhibit J attached hereto, relating to each Class of Certificates, setting forth (i) in the case of each Class of such Certificates, (a) if less than 10% of the aggregate Certificate Principal Balance of such Class of Certificates has been sold as of such date, the value calculated pursuant to clause (b)(iii) of Exhibit J hereto, or, (b) if 10% or more of such Class of Certificates has been sold as of such date but no single price is paid for at least 10% of the aggregate Certificate Principal Balance of such Class of Certificates, then the weighted average price at which the Certificates of such Class were sold and the aggregate percentage of Certificates of such Class sold, (c) the first single price at which at least 10% of the aggregate Certificate Principal Balance of such Class of Certificates was sold, or (d) if any Certificates of each Class of Certificates are retained by the Depositor or an affiliate corporation, or are delivered to the Sponsor, the fair market value of such Certificates as of the Closing Date, (ii) the Prepayment Assumption used in pricing the Certificates, and (iii) such other information as to matters of fact as the Trustee may reasonably request to enable it to comply with its reporting requirements with respect to each Class of such Certificates to the extent such information can in the good faith judgment of the Depositor be determined by it.


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Section 3.25. Exchange Act Reporting.

(a) The Trustee (to the extent any information requested by the Depositor is actually in the possession of the Trustee) and the Master Servicer shall fully cooperate with the Depositor in connection with the Trust’s satisfying the reporting requirements under the Exchange Act as may be requested by the Depositor pursuant to Section 3.26.

(b) (i) Within 12 calendar days after each Distribution Date, the Trustee shall, in accordance with industry standards, file with the Commission via the Electronic Data Gathering and Retrieval System (“EDGAR”), a Distribution Report on Form 10-D, signed by the Depositor, with a copy of the monthly statement to be furnished by the Trustee to the Certificateholders for such Distribution Date. Any disclosure in addition to the monthly statement required to be included on the Form 10-D (“Additional Form 10-D Disclosure”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information, if other than the Trustee, and the Trustee will have no duty or liability to verify the accuracy or sufficiency of any such Additional Form 10-D Disclosure and the Trustee shall have no liability with respect to any failure to properly prepare or file such Form 10-D resulting from or relating to the Trustee’s inability or failure to obtain any information in a timely manner from the party responsible for delivery of such Additional Form 10-D Disclosure.

Within 3 calendar days after the related Distribution Date, each entity that is indicated in Exhibit O as the responsible party for providing Additional Form 10-D Disclosure shall be required to provide to the Trustee via e-mail (DBSEC.Notifications@db.com) and the Depositor, to the extent known by a responsible party thereof, Additional Form 10-D Disclosure, if applicable, clearly identifying which item of Form 10-D the information relates to, any. The Trustee shall compile the information provided to it, prepare the Form 10-D and forward the Form 10-D to the Depositor for verification. The Depositor will approve, as to form and substance, or disapprove, as the case may be, the Form 10-D. No later than three Business Days prior to the 10th calendar day after the related Distribution Date, an officer of the Depositor shall sign the Form 10-D and return an electronic or fax copy of such signed Form 10-D (with an original executed hard copy to follow by overnight mail) to the Trustee. The Trustee shall have no liability with respect to any failure to properly file any Form 10-D resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section.

(ii) Within four (4) Business Days after the occurrence of an event requiring disclosure on Form 8-K (each such event, a “Reportable Event”), the Depositor shall prepare and file any Form 8-K, as required by the Exchange Act, in addition to the initial Form 8-K in connection with the issuance of the Certificates. Any disclosure or information related to a Reportable Event or that is otherwise required to be included on Form 8-K (“Form 8-K Disclosure Information”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information.


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For so long as the Trust is subject to the Exchange Act reporting requirements, no later than the end of business on the second Business Day after the occurrence of a Reportable Event, the entity that is indicated in Exhibit O as the responsible party for providing Form 8-K Disclosure Information shall be required to provide to the Depositor, to the extent known by a responsible officer thereof, the form and substance of any Form 8-K Disclosure Information, if applicable. The Depositor shall compile the information provided to it, and prepare and file the Form 8-K, which shall be signed by an officer of the Depositor.

(iii) Prior to January 30 of the first year in which the Trustee is able to do so under applicable law, the Trustee shall, in accordance with industry standards, file a Form 15 Suspension Notice with respect to the Trust Fund, if applicable. On or before (x) March 15, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, on or before April 15 of each year thereafter, the Master Servicer shall provide the Trustee with an Annual Compliance Statement, together with a copy of the Assessment of Compliance and Attestation Report to be delivered by the Master Servicer pursuant to Sections 3.19 and 3.20 (including with respect to any Sub-Servicer or any subcontractor, if required to be filed). Prior to (x) March 30, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, March 30 of each year thereafter, the Trustee shall file a Form 10-K, in substance as required by applicable law or applicable Securities and Exchange Commission staff’s interpretations and conforming to industry standards, with respect to the Trust Fund. Such Form 10-K shall include the Assessment of Compliance, Attestation Report, Annual Compliance Statements and other documentation provided by the Master Servicer pursuant to Sections 3.19 and 3.20 (including with respect to any Sub-Servicer or subcontractor, if required to be filed) and Section 3.20 with respect to the Trustee, and the Form 10-K certification in the form attached hereto as Exhibit L-1 (the “Certification”) signed by the senior officer of the Depositor in charge of securitization. The Trustee shall receive the items described in the preceding sentence no later than March 15 of each calendar year prior to the filing deadline for the Form 10-K.

Any disclosure or information in addition to that described in the preceding paragraph that is required to be included on Form 10-K (“Additional Form 10-K Disclosure”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information, if other than the Trustee, and the Trustee will have no duty or liability to verify the accuracy or sufficiency of any such Additional Form 10-K Disclosure.

If information, data and exhibits to be included in the Form 10-K are not so timely delivered, the Trustee shall file an amended Form 10-K including such documents as exhibits reasonably promptly after they are delivered to the Trustee. The Trustee shall have no liability with respect to any failure to properly prepare or file such periodic reports resulting from or relating to the Trustee’s inability or failure to timely obtain any information from any other party.


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On or prior to (x) March 15, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, prior to March 15 of each year thereafter, each entity that is indicated in Exhibit O as the responsible party for providing Additional Form 10-K Disclosure shall be required to provide to the Trustee via e-mail (DBSEC.Notifications@db.com) and the Depositor, to the extent known by a responsible party thereof, the form and substance of any Additional Form 10-K Disclosure Information, if applicable. The Trustee shall compile the information provided to it, prepare the Form 10-K and forward the Form 10-K to the Depositor for verification. The Depositor will approve, as to form and substance, or disapprove, as the case may be, the Form 10-K by no later than March 25 of the relevant year (or the immediately preceding Business Day if March 25 is not a Business Day), an officer of the Depositor shall sign the Form 10-K and return an electronic or fax copy of such signed Form 10-K (with an original executed hard copy to follow by overnight mail) to the Trustee.

The Master Servicer shall be responsible for determining the pool concentration applicable to any Sub-Servicer to which the Master Servicer delegated any of its responsibilities with respect to the Mortgage Loans at any time, for purposes of disclosure as required by Items 1117 and 1119 of Regulation AB. The Trustee will provide electronic or paper copies of all Form 10-D, 8-K and 10-K filings free of charge to any Certificateholder upon request. Any expenses incurred by the Trustee in connection with the previous sentence shall be reimbursable to the Trustee out of the Trust Fund. The Trustee shall have no liability with respect to any failure to properly file any Form 10-K resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section.

The Trustee shall sign a certification (in the form attached hereto as Exhibit L-3) for the benefit of the Depositor and its officers, directors and Affiliates in respect of items 1 through 3 of the Certification (provided, however, that the Trustee shall not undertake an analysis of the Attestation Report attached as an exhibit to the Form 10-K), and the Master Servicer shall sign a certification (the “Master Servicer Certification) solely with respect to the Master Servicer (in the form attached hereto as Exhibit L-2) for the benefit of the Depositor, the Trustee and each Person, if any, who “controls” the Depositor or the Trustee within the meaning of the Securities Act of 1933, as amended, and their respective officers and directors. Each such certification shall be delivered to the Depositor and the Trustee by March 15th of each year (or if not a Business Day, the immediately preceding Business Day). The Certification attached hereto as Exhibit L-1 shall be delivered to the Trustee by March 20th for filing on or prior to March 30th of each year (or if not a Business Day, the immediately preceding Business Day).

The Trustee will have no duty to verify the accuracy or sufficiency of any information not prepared by it included in any Form 10-D, Form 10-K or Form 8-K. The Trustee shall have no liability with respect to any failure to properly prepare or file any Form 10- D or Form 10-K resulting from or relating to the Trustee’s inability or failure to obtain any information in a timely manner from the party responsible for delivery of such disclosure information. The Trustee shall have no liability with respect to any failure to properly file any Form l0-D or 10-K resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section. Nothing herein shall be construed to require the Trustee or any officer, director or Affiliate thereof to sign any Form 10-D, Form 10-K or Form 8-K.


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(c) (A) The Trustee shall indemnify and hold harmless the Depositor, the Master Servicer and their respective officers, directors and Affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon any material misstatement or omission in the Assessment of Compliance delivered by the Trustee pursuant to Section 3.20 and (B) the Master Servicer shall indemnify and hold harmless the Depositor, the Trustee and their respective officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon (i) the failure of the Master Servicer to timely deliver the Master Servicer Certification or (ii) any material misstatement or omission in the Statement as to Compliance delivered by the Master Servicer pursuant to Section 3.19 or any Sub-Servicer pursuant to Section 3.20, the Assessment of Compliance delivered by the Master Servicer or any Sub-Servicer pursuant to Section 3.20 or the Master Servicer Certification. If the indemnification provided for herein is unavailable or insufficient to hold harmless the Depositor, then the Master Servicer agrees that it shall contribute to the amount paid or payable by the Depositor and the Trustee as a result of the losses, claims, damages or liabilities of the Depositor and the Trustee in such proportion as is appropriate to reflect the relative fault of the Depositor and the Trustee on the one hand and the Master Servicer on the other in connection with the Master Servicer Certification and the related obligations of the Master Servicer under this Section 3.25.

Upon any filing with the Securities and Exchange Commission, the Trustee shall promptly deliver to the Depositor a copy of any such executed report, statement or information.

Section 3.26. Intention of the Parties and Interpretation.

Each of the parties acknowledges and agrees that the purpose of Sections 3.19, 3.20 and 3.25 of this Agreement is to facilitate compliance by the Sponsor and the Depositor with the provisions of Regulation AB. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish that purpose, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB, (c) the parties shall comply with requests made by the Sponsor or the Depositor for delivery of additional or different information as the Sponsor or the Depositor may determine in good faith is necessary to comply with the provisions of Regulation AB, and (d) no amendment of this Agreement shall be required to effect any such changes in the parties’ obligations as are necessary to accommodate evolving interpretations of the provisions of Regulation AB.


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Section 3.27. Optional Purchase of Certain Mortgage Loans.

The Master Servicer will have a one-time option to purchase up to a maximum of 1.00% (and in any case, at least five Mortgage Loans, not exceeding the 1.00% maximum in the aggregate) of the Mortgage Loans, by aggregate Stated Principal Balance of the Mortgage Loans as of such date, from the Trustee at the Purchase Price. Any Mortgage Loans that may be purchased by the Master Servicer pursuant to this Section 3.27 will be selected by the Master Servicer in its sole discretion. If at any time the Master Servicer makes a payment to the Certificate Account covering the amount of the Purchase Price for such a Mortgage Loan, and the Master Servicer provides to the Trustee a certification signed by a Servicing Officer stating that the amount of such payment has been deposited in the Certificate Account, then the Trustee shall execute the assignment of such Mortgage Loan at the request of the Master Servicer without recourse to the Master Servicer which shall succeed to all the Trustee’s right, title and interest in and to such Mortgage Loan, and all security and documents relative thereto. Such assignment shall be an assignment outright and not for security. The Master Servicer will thereupon own such Mortgage, and all such security and documents, free of any further obligation to the Trustee or the Certificateholders with respect thereto. Any tax on "prohibited transactions" (as defined in Section 860F(a)(2) of the Code) imposed on any REMIC relating to the exercise of the option provided in this Section 3.27 shall in no event be payable by the Trustee.


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ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS

Section 4.01. Distributions.

(a) The Trustee shall establish and maintain a Certificate Account, in which the Master Servicer shall cause to be deposited on behalf of the Trustee on or before 5:00 P.M. New York time on each Certificate Account Deposit Date by wire transfer of immediately available funds an amount equal to the sum of (i) any Advance for the immediately succeeding Distribution Date, (ii) any amount required to be deposited in the Certificate Account pursuant to Sections 3.10, 3.13 or 3.23, (iii) all other amounts constituting the Available Distribution Amount for the immediately succeeding Distribution Date, (iv) amounts payable by the Trust to the Supplemental Interest Trust in respect of Net Swap Payments and Swap Termination Payments other than Swap Termination Payments resulting from a Swap Provider Trigger Event and (v) any amounts on deposit in the Custodial Account representing Prepayment Charges collected by the Master Servicer (and any Master Servicer Prepayment Charge Payment Amounts paid by, or collected on behalf of the Trust Fund by, the Master Servicer or any Sub-Servicer), other than any such Prepayment Charges or Master Servicer Prepayment Charge Payment Amounts relating to Principal Prepayments that occurred after the end of the related Prepayment Period.

On each Distribution Date, prior to making any other distributions referred to in Section 4.01 herein, the Trustee shall withdraw from the Certificate Account and pay itself any income earned on retention of amounts on deposit in the Certificate Account for such Distribution Date and any other amounts payable to it hereunder.

On each Distribution Date the Trustee shall distribute to each Certificateholder of record as of the next preceding Record Date (other than as provided in Section 9.01 respecting the final distribution) either in immediately available funds (by wire transfer or otherwise) to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder has so notified the Trustee at least 5 Business Days prior to the related Record Date, or otherwise by check mailed to such Certificateholder at the address of such Holder appearing in the Certificate Register, such Certificateholder’s share (based on the aggregate of the Percentage Interests represented by Certificates of the applicable Class held by such Holder) of the amounts required to be distributed to such Holder pursuant to this Section 4.01.

Net Swap Payments and Swap Termination Payments (other than Swap Termination Payments resulting from a Swap Provider Trigger Event) payable by the Supplemental Interest Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement shall be deducted (without duplication) from the interest collections in the Available Distribution Amount, and to the extent of any such remaining amounts due, from the principal collections in the Available Distribution Amount, prior to any distributions to the Certificateholders. On each Distribution Date, such amounts will be remitted to the Supplemental Interest Trust, first to make any Net Swap Payment owed to the Swap Provider pursuant to the Interest Rate Swap Agreement for such Distribution Date and for prior Distribution Dates, and second to make any Swap Termination Payment (not due to a Swap Provider Trigger Event) owed to the Swap Provider pursuant to the Interest Rate Swap Agreement for such Distribution Date and for prior Distribution Dates. Any Swap Termination Payment triggered by a Swap Provider Trigger Event owed to the Swap Provider pursuant to the Interest Rate Swap Agreement will be subordinated to distributions to the Holders of the Class A, Class M and Class B Certificates and shall be paid as set forth in Section 4.01(e)(v).


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(b) On each Distribution Date, the Trustee shall withdraw from the Certificate Account that portion of Available Distribution Amount for such Distribution Date consisting of the Interest Remittance Amount, if any, for such Distribution Date, and make the following disbursements and transfers in the order of priority described below, in each case to the extent of the Interest Remittance Amount for such Class for such Distribution Date:

(i) to the Holders of the Class A Certificates, pro rata based on entitlement, the Monthly Interest Distributable Amount and any Unpaid Interest Shortfall Amount for each such Class for such Distribution Date; and

(ii) from the remaining Interest Remittance Amount, sequentially to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, the Monthly Interest Distributable Amount for each such Class for such Distribution Date.

(c) On each Distribution Date (i) prior to the Stepdown Date or (ii) on or after the Stepdown Date if a Trigger Event is in effect, the Trustee shall withdraw from the Certificate Account that portion of Available Distribution Amount for such Distribution Date consisting of an amount equal to the Principal Distribution Amount and distribute to the Holders of the Class A, Class M and Class B Certificates, distributions in respect of principal to the extent of the Principal Distribution Amount remaining for such Distribution Date:

(i) concurrently on a pro rata basis, among (a) the Holders of the Class A-1, Class A-2 and Class A-3 Certificates and (b) the Holders of the Class A-M Certificates (based on (1) the aggregate Certificate Principal Balance of the Class A-1, Class A-2 and Class A-3 Certificates in the case of clause (a) and (2) the Certificate Principal Balance of the Class A-M Certificates in the case of clause (b)), with such amounts between (a) and (b) being further allocated as follows:

(a) sequentially, to the Class A-1, Class A-2 and Class A-3 Certificates, in that order, until the Certificate Principal Balances of such Classes are reduced to zero; and


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(b) to the Class A-M Certificates until the Certificate Principal Balance of such Class is reduced to zero; and

(ii) from the remaining Principal Distribution Amount, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, in each case until the Certificate Principal Balances thereof have been reduced to zero.

Except as provided below, on each distribution date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, the Holders of each class of Class A, Class M and Class B Certificates shall be entitled to receive distributions in respect of principal to the extent of the Principal Distribution Amount in the following amounts and order of priority:

(i) concurrently, in an amount up to the Class A Principal Distribution Amount, pro rata among (a) the Holders of the Class A-1, Class A-2 and Class A-3 Certificates and (b) the Holders of the Class A-M Certificates (based on (1) the aggregate Certificate Principal Balance of the Class A-1, Class A-2 and Class A-3 Certificates in the case of clause (a) and (2) the Certificate Principal Balance of the Class A-M Certificates in the case of clause (b)), with such amounts between (a) and (b) being further allocated as follows:

(a) sequentially, to the Class A-1, Class A-2 and Class A-3 Certificates, in that order, until the Certificate Principal Balances of such Classes are reduced to zero; and

(b) to the Class A-M Certificates until the Certificate Principal Balance of such Class is reduced to zero; and

(ii) from the remaining Principal Distribution Amount, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, in an amount up to the Subordinated Class Principal Distribution Amount for each such Class, in each case until the Certificate Principal Balances thereof have been reduced to zero.

(d) Notwithstanding the foregoing, to the extent any Net Swap Payment or Swap Termination Payment with respect to the Interest Rate Swap Agreement is payable from principal collections, Principal Distribution Amounts will be deemed paid to the most subordinate class of Certificates (other than the Class R Certificates and Class P Certificates), until the Certificate Principal Balance thereof has been reduced to zero.

(e) On each Distribution Date the Net Monthly Excess Cashflow shall be distributed in the following order of priority:


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(i) from the portion of Net Monthly Excess Cashflow otherwise distributable to each of the Class C Certificates, to the Holders of the Class A, Class M and Class B Certificates then entitled to receive distributions in respect of principal, up to an amount equal to any Extra Principal Distribution Amount, payable to such Holders as part of the Principal Distribution Amount as described under Section 4.01(c) above, as applicable;

(ii) concurrently, to the Holders of the Class A Certificates, pro rata, up to an amount equal to any Allocated Realized Loss Amount for each such Class;

(iii) sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to the sum of the Unpaid Interest Shortfall Amount and the Allocated Realized Loss Amount (such amount to be applied first to cover Unpaid Interest Shortfall Amount for such Class and second to cover Allocated Realized Loss Amount for such Class) for each such Class;

(iv) from the portion of Net Monthly Excess Cashflow otherwise distributable to the Class C Certificates, to the Net WAC Shortfall Reserve Fund, (i) first, to pay the Class A, Class M and Class B Certificates, on a pro rata basis, based on the Certificate Principal Balances thereof, to the extent needed to pay any Net WAC Shortfall Amount for each such Class and to the extent such amount exceeds the amounts then on deposit in the Net WAC Shortfall Reserve Fund; provided that any Net Monthly Excess Cashflow remaining after such allocation to pay any such Net WAC Shortfall Amount based on the Certificate Principal Balances of the Class A, Class M and Class B Certificates will be distributed to each such Class of Certificates with respect to which there remains any unpaid Net WAC Shortfall Amount, pro rata, based on the amount of such unpaid Net WAC Shortfall Amount to the extent such amount exceeds the amounts then on deposit in the Net WAC Shortfall Reserve Fund, and (ii) second, to maintain a balance in the Net WAC Shortfall Reserve Fund equal to the Net WAC Shortfall Reserve Fund Deposit;

(v) to the Supplemental Interest Trust for payment to the Swap Provider any Swap Termination Payments with respect to the Interest Rate Swap Agreement owed to the Swap Provider due to a Swap Provider Trigger Event not previously paid;

(vi) to the Holders of the Class C Certificates, an amount equal to the Class C Distribution Amount, reduced by amounts distributed in clauses (i) and (iv) above; and

(viii) to the Class R Certificates, any remaining amounts.

(f) On or before each Distribution Date, the Trustee shall distribute from (i) the amounts received from the Swap Provider pursuant to the Interest Rate Swap Agreement in respect of any Net Swap Payment and (ii) amounts received from the Cap Counterparty pursuant to the Cap Contracts (other than any Derivative Termination Payments relating to such Cap Contract), in each case then on deposit in the Derivative Account and after distributions pursuant to Sections 4.01(b) and 4.01(e)(i)-(iv), to the Class A, Class M and Class B Certificates in the following order of priority:


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(i) concurrently to the Holders of the Class A Certificates, pro rata, based on entitlement, an amount equal to any Unpaid Interest Shortfall Amount for such Class or Classes, in each case solely to the extent the Unpaid Interest Shortfall Amount is as a result of the interest portion of Realized Losses;

(ii) sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to any Unpaid Interest Shortfall Amount for such Class or Classes, in each case solely to the extent the Unpaid Interest Shortfall Amount is as a result of the interest portion of Realized Losses;

(iii) to the Holders of the Class A, Class M and Class B Certificates, up to an amount equal to any portion of the Extra Principal Distribution Amount not covered by any Net Monthly Excess Cashflow on that Distribution Date and solely to the extent the payment of the Extra Principal Distribution Amount is as a result of current or prior period Realized Losses, to be included in the Principal Distribution Amount for that Distribution Date and payable to such Holders as part of the Principal Distribution Amount as described under Sections 4.01(c) above, as applicable;

(iv) to the Net WAC Reserve Fund, (i) first, to pay Net WAC Shortfall Amounts to the Holders of the Class A, Class M and Class B Certificates, on a pro rata basis, based on the aggregate amount of Net WAC Shortfall Amounts for such Class(es) of Class A, Class M and Class B Certificates remaining unpaid and (ii) second, to maintain a balance in the Net WAC Shortfall Reserve Fund equal to the Net WAC Shortfall Reserve Fund Deposit;

(v) to the Holders of the Class A Certificates, pro rata, up to an amount equal to any Allocated Realized Loss Amount for such Class or Classes; and

(vi) sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to any Allocated Realized Loss Amount for such Class or Classes.

(g) On each Distribution Date, all amounts representing Prepayment Charges in respect of the Mortgage Loans received during the related Prepayment Period and identified on the Mortgage Loan Schedule attached as Exhibit H as belonging to the Class P Certificateholder and any Master Servicer Prepayment Charge Amounts paid by the Master Servicer during the related Prepayment Period will be withdrawn from the Certificate Account and distributed by the Trustee to the Holders of the Class P Certificates and shall not be available for distribution to the Holders of any other Class of Certificates. The payment of the foregoing amounts to the Holders of the Class P Certificates shall not reduce the Certificate Principal Balances thereof.


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(h) Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, as Holder thereof, and the Depository shall be responsible for crediting the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. None of the Trustee, the Depositor or the Master Servicer shall have any responsibility therefor except as otherwise provided by this Agreement or applicable law.

(i) The Trustee, upon written direction of the Master Servicer, shall invest or cause the institution maintaining the Certificate Account to invest the funds in the Certificate Account in Permitted Investments designated in the name of the Trustee for the benefit of the Certificateholders, which shall mature not later than the Distribution Date next following the date of such investment and shall not be sold or disposed of prior to maturity. All income and gain realized from any such investment shall be for the benefit of the Master Servicer and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments shall be deposited in the Certificate Account by the Master Servicer out of its own funds immediately as realized without any right of reimbursement.

(j) Except as otherwise provided in Section 9.01, if the Master Servicer anticipates that a final distribution with respect to any Class of Certificates will be made on the next Distribution Date, the Master Servicer shall, no later than the 15th day of the month in the month of such final distribution (or if such 15th day is not a Business Day, the Business Day immediately preceding such 15th day), notify the Trustee and the Trustee shall, no later than two (2) Business Days after such date, mail on such date to each Holder of such Class of Certificates a notice to the effect that: (i) the Trustee anticipates that the final distribution with respect to such Class of Certificates will be made on such Distribution Date but only upon presentation and surrender of such Certificates at the office of the Trustee or as otherwise specified therein, and (ii) no interest shall accrue on such Certificates from and after the end of the prior calendar month.

Any funds not distributed to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender their Certificates shall, on such date, be set aside and held in trust and credited to the account of the appropriate non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to this Section 4.01(j) shall not have been surrendered for cancellation within six months after the time specified in such notice, the Trustee shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution with respect thereto. If within six months after the second notice all such Certificates shall not have been surrendered for cancellation, the Trustee shall take reasonable steps as directed by the Depositor, or appoint an agent to take reasonable steps, to contact the remaining non-tendering Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining the funds in trust and of contacting such Certificateholders shall be paid out of the assets remaining in the Trust Fund. If within nine months after the second notice any such Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets which remain subject hereto. No interest shall accrue or be payable to any Certificateholder on any amount held in trust as a result of such Certificateholder's failure to surrender its Certificate(s) for final payment thereof in accordance with this Section 4.01(j).


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Section 4.02. Statements to Certificateholders.

(a) On each Distribution Date, based, as applicable, on information provided to it by the Master Servicer, the Trustee shall prepare and make available on the Trustee’s website, which shall initially be located at “https://www.tss.db.com/invr” (assistance in using the website can be obtained by calling the Trustee’s customer service desk at (800) 735-7777), to each Holder of the Regular Certificates, the Swap Provider, the Master Servicer and the Rating Agencies, a statement as to the distributions made on such Distribution Date setting forth the following:

(i) the applicable record dates, accrual periods, determination dates for calculating distributions and general distributions dates;

(ii) the total cash flows received and the general sources thereof;

(iii) the amount of any Net Swap Payment and any amount from the Cap Contracts payable to the Supplemental Interest Trust, any Net Swap Payment payable to the Swap Provider, any Swap Termination Payment payable to the Supplemental Interest Trust and any Swap Termination Payment payable to the Swap Provider;

(iv)  (A) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and (B) the amount of the distribution made on such Distribution Date to the Holders of the Class P Certificates allocable to Prepayment Charges and Master Servicer Prepayment Charge Payment Amounts;

(v) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified;

(vi) the Pass-Through Rate on each Class of Regular Certificates (other than the Class P Certificates) for such Distribution Date;

(vii) the aggregate amount of Advances for such Distribution Date (including the general purpose of such Advances), the aggregate amount of unreimbursed Advances at the close of business on the Distribution Date, and the general source of funds for reimbursements;


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(viii) the number and Aggregate Stated Principal Balance of the Mortgage Loans as of the end of the related Due Period;

(ix) the Overcollateralization Release Amount and the Overcollateralization Deficiency Amount for such Distribution Date;

(x) the aggregate Certificate Principal Balance of each Class of Regular Certificates after giving effect to the amounts distributed on such Distribution Date (in the case of each Class of the Class A, Class M and Class B Certificates, separately identifying any reduction thereof due to the allocation of Realized Losses thereto);

(xi) the number and Stated Principal Balance of Mortgage Loans in respect of which (a) one Scheduled Payment is delinquent, (b) two Scheduled Payments are delinquent, (c) three or more Scheduled Payments are delinquent and (d) foreclosure proceedings have been commenced, in each case as of the end of the calendar month prior to such Distribution Date;

(xii) the number, aggregate principal balance and book value of any REO Properties as of the close of business on the last day of the calendar month preceding the month in which such Distribution Date occurs;

(xiii) the weighted average remaining term to maturity, weighted average Mortgage Rate and weighted average Net Mortgage Rate of the Mortgage Loans as of the close of business on the first day of the calendar month in which such Distribution Date occurs;

(xiv) the aggregate amount of Principal Prepayments made during the related Prepayment Period;

(xv) the aggregate amount of Realized Losses incurred during the related Prepayment Period and the cumulative amount of Realized Losses;

(xvi) if applicable, material modifications, extensions or waivers to Mortgage Loan terms, fees, penalties or payments during the preceding calendar month or that have become material over time;

(xvii) the aggregate amount of extraordinary Trust Fund expenses withdrawn from the Custodial Account or the Certificate Account for such Distribution Date;

(xviii) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Master Servicer or a Sub-Servicer pursuant to Section 3.23, and the aggregate amount of Relief Act Interest Shortfalls for such Distribution Date;

(xix) the Monthly Interest Distributable Amount in respect of each Class of the Class A, Class M and Class B Certificates for such Distribution Date and the Unpaid Interest Shortfall Amount, if any, with respect to each Class of Class A, Class M and Class B Certificates for such Distribution Date;


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(xx) (A) the Overcollateralization Target Amount, (B) the Overcollateralized Amount and (C) the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount, in each case after giving effect to the distribution made on the Regular Certificates on such Distribution Date;

(xxi) the aggregate amount of servicing compensation received by the Master Servicer with respect to the related Due Period and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns;

(xxii) the aggregate of any deposits to and withdrawals from the Net WAC Shortfall Reserve Fund for such Distribution Date and the remaining amount on deposit in the Net WAC Shortfall Reserve Fund after such deposits and withdrawals;

(xxiii) the Available Distribution Amount for such Distribution Date;

(xxiv) updated pool composition data including the following: average loan balance, weighted average mortgage rate, weighted average loan-to-value ratio at origination, weighted average FICO at origination, and weighted average remaining term; and

(xxv) information about any additions of, substitutions for or removal of any Mortgage Loans from the Trust Fund, and any changes in the underwriting, acquisition or selection criteria as to any Mortgage Loans added to the Trust Fund.

In the case of information furnished pursuant to subclauses (ii) and (iv) above, the amounts shall also be expressed as a dollar amount per Single Certificate.

On each Distribution Date the Trustee shall provide Bloomberg Financial Markets, L.P. (“Bloomberg”) CUSIP level factors for each Class of Certificates as of such Distribution Date, using a format and media mutually acceptable to the Trustee and Bloomberg.

Within a reasonable period of time after the end of each calendar year, the Trustee shall prepare and forward, to each Person who at any time during the calendar year was a Holder of a Certificate, a statement containing the information set forth in subclauses (ii) and (iv) above, aggregated for such calendar year or applicable portion thereof during which such person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code and regulations thereunder as from time to time are in force.


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On each Distribution Date the Trustee shall prepare and make available on the Trustee’s website (or deliver at the recipient's option), to each Holder of a Class R Certificate a copy of the reports forwarded to the other Certificateholders on such Distribution Date.

Within a reasonable period of time after the end of each calendar year, the Trustee shall prepare and forward, to each Person who at any time during the calendar year was a Holder of a Class R Certificate a statement containing the information provided pursuant to the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time are in force.

The location of the Trustee’s website and the procedures used therein are subject to change from time to time at the Trustee’s discretion. The Trustee shall have the right to change the way monthly distribution statement are distributed in order to make such distribution more convenient and/or more accessible to the above parties. The Trustee shall be entitled to conclusively rely on but shall not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the monthly statement, and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party hereto). As a condition to access the Trustee’s website, the Trustee may require registration and the acceptance of a disclaimer. Notwithstanding anything to the contrary set forth in this Agreement, the parties hereto acknowledge that in connection with the Trustee’s preparation of the foregoing reports, the Trustee will rely solely upon the information provided to it in the Remittance Reports.

Section 4.03. Remittance Reports; Advances by the Master Servicer.

(a) On the 19th calendar day of the month (but in any event no later than the 21st calendar day of the month), the Master Servicer shall deliver to the Trustee a report, prepared as of the close of business on the Business Day preceding such Determination Date (the “Remittance Report”), in the form of an electromagnetic tape, disk or such other electronic format agreeable to both parties. The Remittance Report and any written information supplemental thereto shall include such information with respect to the Mortgage Loans that is required by the Trustee for purposes of making the calculations and preparing the statement described in Sections 4.01 and 4.02, as set forth in written specifications or guidelines issued by the Trustee from time to time. The Trustee shall have no obligation to recompute, recalculate or verify any information provided to it by the Master Servicer.


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(b) The Master Servicer shall determine the aggregate amount of Advances required to be made for the related Distribution Date, which shall be in an aggregate amount equal to the sum of (1) the aggregate amount of Monthly Payments, other than Balloon Payments, (with each interest portion thereof adjusted to the Mortgage Rate less the sum of the Master Servicing Fee Rate, the Sub-Servicing Fee Rate and any applicable PMI Insurer Fee Rate, and less the amount of any reductions in the amount of interest collectable from the Mortgagor pursuant to the Relief Act, on the Outstanding Mortgage Loans as of the related Due Date, which Monthly Payments were delinquent as of the close of business as of the related Determination Date) plus (2) with respect to each Balloon Loan delinquent in respect of its Balloon Payment as of the close of business on the related Determination Date, an amount equal to the assumed Monthly Payment (net of the related Master Servicing Fees and Sub-Servicing Fees) that would have been due on the related Due Date based on the original principal amortization scheduled for such Balloon Loan until such Balloon Loan is finally liquidated; provided that no Advance shall be made if it would be a Nonrecoverable Advance. On or before 4:00 P.M. New York time on each Certificate Account Deposit Date, the Master Servicer shall either (i) deposit in the Certificate Account from its own funds, or funds received therefor from the Sub-Servicers, an amount equal to the Advances to be made by the Master Servicer or any Sub-Servicers in respect of the related Distribution Date, (ii) withdraw from amounts on deposit in the Custodial Account and deposit in the Certificate Account all or a portion of the amounts held for future distribution in discharge of any such Advance, or (iii) make advances in the form of any combination of (i) and (ii) aggregating the amount of such Advance. Any portion of the amounts held for future distribution so used shall be replaced by the Master Servicer (to the extent not previously replaced by late collections of Monthly Payments in respect of which such Advance was made) by deposit in the Certificate Account on or before 1:00 P.M. New York time on any future Certificate Account Deposit Date to the extent that funds attributable to the Mortgage Loans that are available in the Custodial Account for deposit in the Certificate Account on such Certificate Account Deposit Date shall be less than payments to Certificateholders required to be made on the following Distribution Date. The amount of any reimbursement pursuant to Section 3.11 in respect of outstanding Advances on any Distribution Date shall be allocated to specific Monthly Payments due but delinquent for previous Due Periods, which allocation shall be made, to the extent practicable, to Monthly Payments which have been delinquent for the longest period of time. Such allocations shall be conclusive for purposes of reimbursement to the Master Servicer from recoveries on related Mortgage Loans pursuant to Section 3.11. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance, if made, would constitute a Nonrecoverable Advance, shall be evidenced by a certificate of a Servicing Officer delivered to the Sponsor and the Trustee with the Remittance Report. The Trustee shall deposit all funds it receives pursuant to this Section 4.03 into the Certificate Account.

(c) In the event that the Master Servicer determines as of any Certificate Account Deposit Date that it will be unable to deposit in the Certificate Account an amount equal to the Advance required to be made for the immediately succeeding Distribution Date in the amount determined by the Master Servicer pursuant to paragraph (b) above, it shall give notice to the Trustee of its inability to Advance (such notice may be given by telecopy), not later than 4:00 P.M., New York time, on such date, specifying the portion of such amount that it will be unable to deposit. Not later than 4:00 P.M., New York time, on the earlier of (x) two Business Days following such Certificate Account Deposit Date or (y) the Business Day preceding the related Distribution Date, unless by such time the Master Servicer shall have directly or indirectly deposited in the Certificate Account the entire amount of the Advances required to be made for the related Distribution Date, pursuant to Section 7.01, the Trustee shall (a) terminate all of the rights and obligations of the Master Servicer under this Agreement in accordance with Section 7.01 and (b) assume the rights and obligations of the Master Servicer hereunder, including the obligation to deposit in the Certificate Account an amount equal to the Advance for the immediately succeeding Distribution Date.


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The Master Servicer and the Sub-Servicer shall in all cases have a right prior to the Certificateholders to any particular funds on deposit in the Custodial Account from time to time for the reimbursement or payment of its Servicing Fee, Advances, Servicing Advances and any amounts reimbursable thereto in accordance with Section 3.11 of this Agreement, but only if and to the extent such amounts are to be reimbursed or paid from such particular funds on deposit in the Custodial Account pursuant to the express terms of this Agreement.

Section 4.04. Distributions on the REMIC Regular Interests.

(a) On each Distribution Date, the Trustee shall cause the following amounts, in the following order of priority, to be distributed by REMIC 1 to REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from the Certificate Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-1 Interest), as the case may be:

(i) from the Available Distribution Amount for such Distribution Date, determined without regard to clause (ii)(2) of the definition thereof, to holders of the REMIC 1 Regular Interests, pro rata, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 1 Regular Interests for such Distribution Date, plus (B) any amounts payable in respect thereof remaining unpaid from previous Distribution Dates;

(ii) from the Available Distribution Amount for such Distribution Date, determined without regard to clause (ii)(2) of the definition thereof, remaining after the distribution made pursuant to clause (i) above, first, to the holders of REMIC 1 Regular Interest OC, until the Uncertificated Principal Balance thereof is reduced to zero, and second, to holders of REMIC 1 Regular Interests 1-1-A through 1-58-B, starting with the lowest numerical denomination, until the Uncertificated Principal Balance of each such REMIC 1 Regular Interest is reduced to zero, provided that, for REMIC 1 Regular Interests with the same numerical denomination, such payments of principal shall be allocated pro rata between such REMIC 1 Regular Interests;

(iii) to holders of REMIC 1 Regular Interest P, (A) all amounts representing Prepayment Charges received during the related Prepayment Period that are identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule, and (B) on the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule or any Distribution Date thereafter, any remaining Available Distribution Amount, until an amount equal to the initial Uncertificated Principal Balance of such REMIC 1 Regular Interest has been distributed pursuant to this clause; and


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(iv) any remaining amount to the Holders of the Class R Certificates (in respect of the Class R-1 Interest).

(b) On each Distribution Date, the following amounts, in the following order of priority, shall be distributed by REMIC 2 to REMIC 3 on account of the REMIC 2 Regular Interests or withdrawn from the Certificate Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-2 Interest), as the case may be:

(i) from the Available Distribution Amount for such Distribution Date, determined without regard to clause (ii)(2) of the definition thereof, to holders of REMIC 2 Regular Interest IO, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates;

(ii) to the extent of the Available Distribution Amount for such Distribution Date, determined without regard to clause (ii)(2) of the definition thereof, remaining after the distribution pursuant to clause (i), to holders of each REMIC 2 Regular Interest (other than REMIC 2 Regular Interest IO), pro rata, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates. Amounts payable as Uncertificated Accrued Interest in respect of REMIC 2 Regular Interest ZZ and REMIC 2 Regular Interest P shall be reduced when the REMIC 2 Overcollateralized Amount is less than the REMIC 2 Overcollateralization Target Amount, by the lesser of (x) the amount of such difference and (y) the Maximum Uncertificated Accrued Interest Deferral Amount, and such amount will be payable to holders of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate in the same proportion as the Extra Principal Distribution Amount is allocated to the Corresponding Certificates for each such REMIC 2 Regular Interest, and the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ shall be increased by such amount;

(iii) to the extent of the Available Distribution Amount for such Distribution Date, determined without regard to clause (ii)(2) of the definition thereof, remaining after the distributions pursuant to clauses (i) and (ii), to holders of REMIC 2 Regular Interests (other than REMIC 2 Regular Interest IO and P), allocated as follows:

(A) 98.00% of such remainder to holders of REMIC 2 Regular Interest AA, until the Uncertificated Principal Balance of such REMIC 2 Regular Interest is reduced to zero; and


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(B) 2.00% of such remainder, first, to holders of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate, in an aggregate amount equal to 1% of and in the same proportion as principal payments are allocated to the Corresponding Certificates for each such REMIC 2 Regular Interest, until the Uncertificated Principal Balances of such REMIC 2 Regular Interests are reduced to zero; and second, to the holders of REMIC 2 Regular Interest ZZ, until the Uncertificated Principal Balance of such REMIC 2 Regular Interest is reduced to zero;

(iv) to holders of REMIC 2 Regular Interest P, (A) all amounts representing Prepayment Charges distributed on REMIC 1 Regular Interest P, and (B) on the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule or any Distribution Date thereafter, any remaining Available Distribution Amount distributed in respect of REMIC 1 Regular Interest P, until an amount equal to the initial Uncertificated Principal Balance of such REMIC 2 Regular Interest has been distributed pursuant to this clause; and

(v) any remaining amount to the Holders of the Class R Certificates (in respect of the Class R-3 Interest).

(c) On each Distribution Date, interest shall be deemed payable from REMIC 3 to the holders of each REMIC 3 Regular Interest the ownership of which is represented by the Class A, Class M and Class B Certificates at a pass-through rate equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the related Net WAC Rate and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date, in each case on a principal balance equal to the Certificate Principal Balance of the Corresponding Certificate for such Distribution Date. For the avoidance of doubt, principal shall be payable to, and shortfalls, losses and prepayments shall be allocable to, the REMIC 3 Regular Interests the ownership of which is represented by the Class A, Class M and Class B Certificates as such amounts are payable and allocable to the Corresponding Certificates.

(d) On each Distribution Date, a portion of the amounts distributed pursuant to Sections 4.01(e)(i), (iv) and (vi) on such date shall be deemed distributed from REMIC 3 to Holders of the Class C Certificates in respect of the Class C Distribution Amount.

(e) On each Distribution Date, 100% of the amounts deemed distributed on REMIC 2 Regular Interest IO shall be deemed distributed by REMIC 3 in respect of the Class IO Interest for deposit into the Supplemental Interest Trust. 


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Section 4.05. Allocation of Realized Losses.

(a) All Realized Losses on the Mortgage Loans shall be allocated by the Trustee on each Distribution Date as follows: first, to Net Monthly Excess Cashflow, through a distribution of the Extra Principal Distribution Amount for that Distribution Date; second, to the Overcollateralized Amount by a reduction of the Certificate Principal Balance of the Class C Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class B Certificates, until the Certificate Principal Balance thereof has been reduced to zero; second, to the Class M-8 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class M-7 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class M-6 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-5 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the Class M-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; seventh, to the Class M-3 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; eighth, to the Class M-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and ninth to the Class M-1 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; thereafter, any Realized Losses on the Mortgage Loans will be allocated on any Distribution Date first to the Class A-M Certificates until its Certificate Principal Balance has been reduced to zero and second to the Class A-1, Class A-2 and Class A-3 Certificates, on a pro rata basis, based on the Certificate Principal Balances thereof, in each case in reduction of the Certificate Principal Balances thereof, until reduced to zero.

(b) Any allocation of Realized Losses to a Class A, Class M and Class B Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated. Any allocation of Realized Losses to Net Monthly Excess Cashflow shall be made by reducing the amount otherwise payable in respect of the Class C Certificates pursuant to Section 4.01(e)(vi), and any allocation of Realized Losses to the Overcollateralized Amount shall be made by reducing the Certificate Principal Balance of the Class C Certificates by the amount so allocated.

(c) All Realized Losses on the Mortgage Loans shall be allocated on each Distribution Date, first, to REMIC 1 Regular Interest OC, until the Uncertificated Principal Balance thereof has been reduced to zero, and second, to REMIC 1 Regular Interest I-1-A through REMIC 1 Regular Interest 1-58-B, starting with the lowest numerical denomination, until the Uncertificated Principal Balance of each such REMIC 1 Regular Interest has been reduced to zero, provided that, for REMIC 1 Regular Interests with the same numerical denomination, such Realized Losses shall be allocated pro rata between such REMIC 1 Regular Interests, and third, to REMIC 1 Regular Interest P until the Uncertificated Principal Balance thereof has been reduced to zero.


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(d) All Realized Losses on the Mortgage Loans shall be allocated by the Trustee on each Distribution Date to the following REMIC 2 Regular Interests in the specified percentages, as follows: first, to Uncertificated Accrued Interest payable to the REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount (without duplication of shortfalls allocated pursuant to Section 1.03), 98.00% and 2.00%, respectively, and to the extent of any amount equal to the REMIC 2 Interest Loss Allocation Amount remaining after the foregoing allocations to REMIC 2 Regular Interests AA and ZZ, to Uncertificated Accrued Interest payable to REMIC 2 Regular Interest P to the extent of such remaining amount; second, to the Uncertificated Principal Balances of the REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Principal Loss Allocation Amount, 98.00% and 2.00%, respectively; third, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest B and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest B has been reduced to zero; fourth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-8 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-8 has been reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-7 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-7 has been reduced to zero; sixth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-6 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-6 has been reduced to zero; seventh, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-5 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-5 has been reduced to zero; eighth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-4 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-4 has been reduced to zero; ninth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-3 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-3 has been reduced to zero; tenth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-2 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-2 has been reduced to zero; eleventh, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-1 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-1 has been reduced to zero; twelfth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest A-M and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest A-M has been reduced to zero; and thirteen, to the Uncertificated Principal Balance of REMIC 2 Regular Interests AA, 98.00%, to the Uncertificated Principal Balances of REMIC 2 Regular Interests A-1, A-2 and A-3, 1.00% pro rata, and to the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ, 1.00%, until the Uncertificated Principal Balances of such REMIC 2 Regular Interests A-1, A-2 and A-3 have been reduced to zero.


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Section 4.06. Information Reports to Be Filed by the Master Servicer.

The Master Servicer or the Sub-Servicers shall file information reports with respect to the receipt of mortgage interest received in a trade or business, foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P of the Code, respectively, and deliver to the Trustee an Officers’ Certificate stating that such reports have been filed. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by such Sections 6050H, 6050J and 6050P of the Code.

Section 4.07. Compliance with Withholding Requirements.

Notwithstanding any other provision of this Agreement, the Trustee shall comply with all federal withholding requirements respecting payments to Certificateholders of interest or original issue discount on the Mortgage Loans, that the Trustee reasonably believes are applicable under the Code. The consent of Certificateholders shall not be required for such withholding. In the event the Trustee withholds any amount from interest or original issue discount payments or advances thereof to any Certificateholder pursuant to federal withholding requirements, the Trustee shall, together with its monthly report to such Certificateholders pursuant to Section 4.02 hereof, indicate such amount withheld.

Section 4.08. Net WAC Shortfall Reserve Fund.

(a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of Class A, Class M and Class B Certificates, the Net WAC Shortfall Reserve Fund. In addition, on the Closing Date, the Depositor shall deposit into the Net WAC Shortfall Reserve Fund an amount equal to the Net WAC Shortfall Reserve Fund Deposit. On each Distribution Date as to which there is a Net WAC Shortfall Amount payable to any Class of Class A, Class M and Class B Certificates, the Trustee shall deposit the amounts distributable pursuant to clause (iv) of Section 4.01(e) into the Net WAC Shortfall Reserve Fund, and the Trustee has been directed by the Holders of the Class C Certificates to distribute amounts then on deposit in the Net WAC Shortfall Reserve Fund to the Holders of the Class A, Class M and Class B Certificates in respect of the Net WAC Shortfall Amounts in the priorities set forth in clause (iv) of Section 4.01(e). Any amount paid to the Holders of any Class A, Class M and Class B Certificates pursuant to the preceding sentence in respect of Net WAC Shortfall Amounts from amounts distributable pursuant to clause (iv) of Section 4.01(e) shall be treated as distributed to the Holders of the Class C Certificates and paid by such Holders to the Holders of such Class A, Class M and Class B Certificates. Any payments to the Holders of the Class A, Class M and Class B Certificates in respect of Net WAC Shortfall Amounts pursuant to the second preceding sentence shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1).


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(b) The Net WAC Shortfall Reserve Fund is an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h) and shall be an asset of the Trust Fund but not an asset of any REMIC. The Trustee on behalf of the Trust shall be the nominal owner of the Net WAC Shortfall Reserve Fund. The Holders of the Class C Certificates shall be the beneficial owners of the Net WAC Shortfall Reserve Fund, subject to the power of the Trustee to transfer amounts under Section 4.01. Amounts in the Net WAC Shortfall Reserve Fund shall, at the written direction of the Holders of the Class C Certificates be invested in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. In the absence of such written direction, all funds in the Net WAC Shortfall Reserve Fund shall remain uninvested. All net income and gain from such investments shall be distributed to the Holders of the Class C Certificates not as a distribution in respect of any interest in any REMIC, on each such Distribution Date. All amounts earned on amounts on deposit in the Net WAC Shortfall Reserve Fund shall be taxable to the Holders of the Class C Certificates. Any losses on such investments shall be deposited in the Net WAC Shortfall Reserve Fund by the Holders of the Class C Certificates out of their own funds immediately as realized.

Section 4.09. Supplemental Interest Trust.

(i) As of the Closing Date, the Trustee, as Supplemental Interest Trust Trustee, is directed to enter into the Interest Rate Swap Agreement and the Cap Contracts and shall establish and maintain in the name of the Supplemental Interest Trust Trustee, the Supplemental Interest Trust for the benefit of the Swap Provider and the Holders of the Class A, Class M, Class B and Class C Certificates. The Supplemental Interest Trust shall hold the Interest Rate Swap Agreement, the Class IO Interest, the Cap Contracts, the Collateral Account and the Derivative Account. The Trustee shall establish an Eligible Account (the “Derivative Account”) into which the Depositor shall deposit $1,000 on the Closing Date. Funds on deposit in the Derivative Account shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee or held pursuant to this Agreement.

(ii) On each Distribution Date, the Trustee shall deposit into the Derivative Account amounts distributable to the Supplemental Interest Trust pursuant to Sections 4.01(a) (fourth paragraph) and 4.01(e)(v) of this Agreement. In addition, the Trustee shall deposit into the Derivative Account for payment to the Swap Provider the Swap Optional Termination Payment (which shall include any related Net Swap Payment payable to the Swap Provider) payable under Section 9.01. On each Distribution Date, the Trustee shall distribute any such amounts to the Swap Provider pursuant to the Interest Rate Swap Agreement, first to pay any Net Swap Payment owed to the Swap Provider for such Distribution Date or remaining unpaid from prior Distribution Dates, and second to pay any Swap Termination Payment owed to the Swap Provider for such Distribution Date or remaining unpaid from prior Distribution Dates.


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(iii) On each Distribution Date, the Trustee, as Supplemental Interest Trust Trustee, shall deposit into the Derivative Account amounts received by the Supplemental Interest Trust (x) under the Interest Rate Swap Agreement from the Swap Provider and (y) under the Cap Contracts from the Cap Counterparty (other than Derivative Termination Payments related to any Cap Contract). On each Distribution Date, the Trustee shall, and the Trustee has been directed by the Holders of the Class C Certificates to, distribute from the Derivative Account an amount equal to the amount of any Net Swap Payment or Swap Termination Payment received from the Swap Provider under the Interest Rate Swap Agreement and payments received from the Cap Counterparty under the Cap Contracts (other than Derivative Termination Payments related to any Cap Contract), in the following order of priority:

(a) first, an amount equal to the aggregate amount required under Section 4.01(f) to be distributed on such Distribution Date, to the Class A, Class M and Class B Certificateholders in accordance with Section 4.01(f) of this Agreement, and

(b) second, any remainder, to the holder of the Class C Certificates.

(iv) The Supplemental Interest Trust constitutes an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h) and shall not be an asset of any REMIC. The Holders of the Class C Certificates shall be the beneficial owner of the Supplemental Interest Trust, subject to the power of the Trustee to transfer amounts under this Agreement. The Trustee shall keep records that accurately reflect the funds on deposit in the Derivative Account. The Trustee shall, at the written direction of the Holders of the Class C Certificates, invest amounts on deposit in the Supplemental Interest Trust in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. In the absence of such written direction, all funds in the Supplemental Interest Trust shall remain uninvested. On each Distribution Date, the Trustee shall distribute, not as a distribution in respect of any interest in any REMIC, any income or gain earned on the invested assets in the Supplemental Interest Trust to the Holders of the Class C Certificates. All amounts earned on amounts on deposit in the Supplemental Interest Trust shall be taxable to the Holders of the Class C Certificates. Any losses on such investments shall be deposited in the Supplemental Interest Trust by the Holders of the Class C Certificates, out of their own funds immediately as realized.

(v) For federal income tax purposes, amounts paid to the Supplemental Interest Trust on each Distribution Date pursuant to Section 4.01(a) (first and second sentences of the fourth paragraph) for payment to the Swap Provider with respect to the Interest Rate Swap Agreement shall first be deemed to be paid to the Supplemental Interest Trust in respect of the Class IO Interest to the extent of the amount distributable on such Class IO Interest on such Distribution Date, and shall then be deemed to be paid to the Supplemental Interest Trust in respect of a Class IO Distribution Amount as described below.


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(vi) The Trustee shall treat the Holders of the Class A, Class M and Class B Certificates as having entered into a notional principal contract with respect to the Holders of the Class C Certificates. Pursuant to each such notional principal contract, all Holders of the Class A, Class M and Class B Certificates shall be treated as having agreed to pay, on each Distribution Date, to the Holder of the Class C Certificates an aggregate amount equal to the excess, if any, of (i) the amount payable on such Distribution Date on the REMIC 3 Regular Interest corresponding to such Class of Certificates over (ii) the amount payable on such Class of Certificates on such Distribution Date (such excess, a “ Class IO Distribution Amount”). A Class IO Distribution Amount payable from interest collections shall be allocated pro rata among such Certificates based on the excess of, with respect to each such Certificate, (i) the amount of interest otherwise payable to the REMIC 3 Regular Interest relating to such Certificate over (ii) the amount of interest payable to such Certificate at a per annum rate equal to the Net WAC Rate, and a Class IO Distribution Amount payable from principal collections shall be allocated to the most subordinate Class of the Class A, Class M, Class B and Class C Certificates with an outstanding principal balance to the extent of such balance. In addition, pursuant to such notional principal contract, the Holder of the Class-C Certificates shall be treated as having agreed to pay Net WAC Shortfall Amounts to the Holders of the Class A, Class M and Class B Certificates from amounts received by the Supplemental Interest Trust pursuant to the Interest Rate Swap Agreement in accordance with the terms of this Agreement. Any payments deemed to be received by Holders of the Class A, Class M, Class B and Class C Certificates pursuant to this notional principal contract shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Section 860G(a)(1) of the Code. However, any payment from the Class A, Class M and Class B Certificates of a Class IO Distribution Amount shall be treated for tax purposes as having been received by the Holders of such Certificates in respect of their interests in REMIC 3 and as having been paid by such Holders to the Supplemental Interest Trust pursuant to the notional principal contract. Thus, each Class A, Class M, Class B and Class C Certificate shall be treated as representing not only ownership of a Regular Interest in REMIC 3, but also ownership of an interest in, and obligations with respect to, a notional principal contract.

(vii) (a) Upon designation of an early termination date with respect to a Derivative Contract other than in connection with a Optional Termination, the Trustee, as Supplemental Interest Trust Trustee, at the written direction of the Depositor will use reasonable efforts to appoint a successor derivative counterparty to enter into a new derivative contract on terms substantially similar to such Derivative Contract with a derivative counterparty meeting all applicable eligibility requirements. The Trustee, as Supplemental Interest Trust Trustee will apply any Derivative Termination Payment received from the original derivative counterparty in connection with the early termination of such Derivative Contract to the upfront payment required to appoint the successor derivative counterparty.

If a successor derivative counterparty is not appointed within 30 days of such early termination, then the Trustee, as Supplemental Interest Trust Trustee will deposit any Derivative Termination Payment received from the original derivative counterparty in connection with the early termination of such Derivative Contract into a separate, non-interest bearing reserve account and will, on each subsequent Distribution Date, withdraw from the amount then remaining on deposit in such reserve account an amount equal to the payment, if any, that would have been paid to the Supplemental Interest Trust Trustee by the original derivative counterparty calculated in accordance with the terms of the related Derivative Contract, and distribute such amount in accordance with the terms of this Agreement.


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(b) In the event that the derivative counterparty under a Derivative Contract fails to perform any of its obligations under such Derivative Contract (including, without limitation, its obligation to make any payment or transfer collateral), or breaches any of its representations and warranties thereunder, or in the event that any Event of Default, Termination Event, or Additional Termination Event (each as defined in the related Derivative Contract) occurs with respect to such Derivative Contract, the Trustee, as Supplemental Interest Trust Trustee shall, promptly following actual notice of such failure, breach or event, notify the Depositor and send any notices and make any demands, on behalf of the Supplemental Interest Trust, required to enforce the rights of the Supplemental Interest Trust under such Derivative Contract.

In the event that a derivative counterparty’s obligations are guaranteed by a third party under a guaranty relating to a Derivative Contract (such guaranty a “ Guaranty” and such third party a “ Guarantor”), then to the extent that the derivative counterparty fails to make any payment by the close of business on the day it is required to make payment under the terms of such Derivative Contract, the Trustee, as Supplemental Interest Trust Trustee shall, promptly following actual notice of the derivative counterparty’s failure to pay, demand that such Guarantor make any and all payments then required to be made by such Guarantor pursuant to such Guaranty; provided that the Trustee, as Supplemental Interest Trust Trustee shall in no event be liable for any failure or delay in the performance by the Derivative Counterparty’s or such Guarantor’s of its obligations hereunder or pursuant to such Derivative Contract and the Guaranty, nor for any special, indirect or consequential loss or damage of any kind whatsoever (including but not limited to lost profits) in connection therewith.

Section 4.10. Tax Treatment of Class IO Distribution Amounts in the Event of Resecuritization of Class A, Class M or Class B Certificates.

In the event that any Class A, Class M or Class B Certificate is resecuritized in a REMIC (the “Resecuritization REMIC”), for federal income tax purposes, (i) payments on the REMIC 3 Regular Interest corresponding to such Class A, Class M or Class B Certificate shall, for the avoidance of doubt, be deemed to include the Class IO Distribution Amount, and (ii) to the extent provided in the operative documents for the Resecuritization REMIC, (a) payments on the “regular interests” issued by the Resecuritization REMIC shall be deemed to include in the aggregate such Class IO Distribution Amount, and (b) such Class IO Distribution Amount shall be deemed paid to the holder of the Class C Certificates pursuant to a notional principal contract entered into by the holders of one or more “regular interests” issued by the Resecuritization REMIC (“Resecuritization Holders”) and the Holder of the Class C Certificates. In such event, Class IO Distribution Amounts deemed paid by Resecuritization Holders under clause (b) of the immediately preceding sentence shall be paid on behalf of such holders pursuant to Section 4.09(ii) hereof.


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Section 4.11. Collateral Account.

(i) The Trustee, as Supplemental Interest Trust Trustee, is hereby directed to perform the obligations of the Custodian as defined under Credit Support Annex One (the “Custodian”).

On or before the Closing Date, the Custodian shall establish the Collateral Account. The Collateral Account shall be held in the name of the Custodian in trust for the benefit of the Holders of the Class A, Class M and Class B Certificates. The Collateral Account must be an Eligible Account segregated from the Certificate Account and any other moneys of the Trustee held pursuant to this Agreement and shall be entitled “Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1, Collateral Account, Supplemental Interest Trust Trustee, as Custodian for the benefit of holders of the Class A, Class M and Class B Certificates.”

The Custodian shall credit to Collateral Account all collateral (whether in the form of cash or securities) posted by Bear Stearns Financial Products Inc. to secure the obligations of Bear Stearns Financial Products Inc. in accordance with the terms of the Credit Support Annex. The Custodian shall maintain and apply all collateral and earnings thereon on deposit in the Collateral Account in accordance with the Credit Support Annex.

Cash collateral posted by Bear Stearns Financial Products Inc. in accordance with the Credit Support Annex shall be invested at the written direction of Bear Stearns Financial Products Inc. in Permitted Investments in accordance with the requirements of the Credit Support Annex. All amounts earned on amounts on deposit in Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to Bear Stearns Financial Products Inc.. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon.

Upon the occurrence of an Event of Default or Specified Condition (each as defined in the Schedule) with respect to Bear Stearns Financial Products Inc. or upon occurrence or designation of an Early Termination Date (as defined in the Schedule) as a result of any such Event of Default or Specified Condition with respect to Bear Stearns Financial Products Inc., and, in either such case, unless Bear Stearns Financial Products Inc. has paid in full all of its Obligations (as defined in the Credit Support Annex) that are then due, then any collateral posted by Bear Stearns Financial Products Inc. in accordance with the Credit Support Annex, shall be applied by the Custodian to the payment of any Obligations due to Party B (each as defined in the Credit Support Annex) in accordance with the Credit Support Annex. Any excess collateral posted by Bear Stearns Financial Products Inc. in accordance with the Credit Support Annex and remaining after payment of all amounts owing to Party B shall be withdrawn from the Collateral Account and paid to Bear Stearns Financial Products Inc. in accordance with the Credit Support Annex.


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ARTICLE V
THE CERTIFICATES

Section 5.01. The Certificates.

(a) The Certificates will be substantially in the respective forms annexed hereto as Exhibits A and B-1 through B-5. The Certificates will be issuable in registered form only. The Certificates (other than the Class P, Class C and Class R Certificates) will be issued in minimum denominations of $25,000 Initial Certificate Principal Balance and integral multiples of $1 in excess thereof. The Class C Certificates will be issued in minimum denominations of $1.00 Initial Notional Amount and integral multiples of $1.00 in excess thereof. The Class P Certificates and the Class R Certificates will each be issuable in minimum denominations of any Percentage Interest representing 10.00% and multiples of 0.01% in excess thereof.

Upon original issue, the Certificates shall, upon the written request of the Depositor executed by an officer of the Depositor, be executed and delivered by the Trustee, authenticated by the Trustee and delivered to or upon the order of the Depositor upon receipt by the Trustee of the documents specified in Section 2.01. The Certificates shall be executed by manual or facsimile signature on behalf of the Trustee in its capacity as trustee hereunder by a Responsible Officer. Certificates bearing the manual or facsimile signatures of individuals who were at the time they signed the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificates or did not hold such offices at the date of such Certificates. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates issued on the Closing Date shall be dated the Closing Date and any Certificates delivered thereafter shall be dated the date of their authentication.

(b) The Class A, Class M and Class B Certificates shall initially be issued as one or more Certificates registered in the name of the Depository or its nominee and, except as provided below, registration of such Certificates may not be transferred by the Trustee except to another Depository that agrees to hold such Certificates for the respective Certificate Owners with Ownership Interests therein. The Certificate Owners shall hold their respective Ownership Interests in and to each of such Book-Entry Certificates through the book-entry facilities of the Depository and, except as provided below, shall not be entitled to Definitive Certificates in respect of such Ownership Interests. All transfers by Certificate Owners of their respective Ownership Interests in the Book-Entry Certificates shall be made in accordance with the procedures established by the Depository Participant or brokerage firm representing such Certificate Owner. Each Depository Participant shall transfer the Ownership Interests only in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures. The Trustee shall not be required to monitor, determine or inquire as to compliance with the transfer restrictions with respect to the Book-Entry Certificates, and the Trustee shall have no liability for transfers of Ownership Interests in the Book Entry Certificates made through the book-entry facilities of the Depositary or between or among Depositary Participants or Certificate Owners, made in violation of the applicable restrictions.


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The Trustee, the Master Servicer and the Depositor may for all purposes (including the making of payments due on the respective Classes of Book-Entry Certificates) deal with the Depository as the authorized representative of the Certificate Owners with respect to the respective Classes of Book-Entry Certificates for the purposes of exercising the rights of Certificateholders hereunder. The rights of Certificate Owners with respect to the respective Classes of Book-Entry Certificates shall be limited to those established by law and agreements between such Certificate Owners and the Depository Participants and brokerage firms representing such Certificate Owners. Multiple requests and directions from, and votes of, the Depository as Holder of any Class of Book-Entry Certificates with respect to any particular matter shall not be deemed inconsistent if they are made with respect to different Certificate Owners. The Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Certificateholders and shall give notice to the Depository of such record date.

If (i)(A) the Depositor advises the Trustee in writing that the Depository is no longer willing or able to properly discharge its responsibilities as Depository and (B) the Depositor is unable to locate a qualified successor or (ii) the Depositor at its option advises the Trustee in writing that it elects to terminate the book-entry system through the Depository, the Trustee shall notify all Certificate Owners, through the Depository, of the occurrence of any such event and of the availability of Definitive Certificates to Certificate Owners requesting the same. Upon surrender to the Trustee of the Book-Entry Certificates by the Depository, accompanied by registration instructions from the Depository for registration of transfer, the Trustee shall, at the expense of the Depositor, issue the Definitive Certificates. Neither the Depositor, the Master Servicer nor the Trustee shall be liable for any actions taken by the Depository or its nominee, including, without limitation, any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Certificates the Trustee and the Master Servicer shall recognize the Holders of the Definitive Certificates as Certificateholders hereunder.

(c) Each Certificate is intended to be a “security” governed by Article 8 of the Uniform Commercial Code as in effect in the State of New York and any other applicable jurisdiction, to the extent that any of such laws may be applicable.


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Section 5.02. Registration of Transfer and Exchange of Certificates.

(a) The Trustee shall maintain a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trustee shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided.

(b) Except as provided in Section 5.02(c), no transfer, sale, pledge or other disposition of a Class B, Class P, Class C or Class R Certificate shall be made unless such transfer, sale, pledge or other disposition is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”), and any applicable state securities laws or is made in accordance with said Act and laws. In the event that a transfer of a Class B, Class P, Class C or Class R Certificate is to be made under this Section 5.02(b), (i) the Trustee shall require an Opinion of Counsel acceptable to and in form and substance satisfactory to the Trustee that such transfer shall be made pursuant to an exemption, describing the applicable exemption and the basis therefor, from said Act and laws or is being made pursuant to said Act and laws, which Opinion of Counsel shall not be an expense of the Trustee, the Depositor or the Master Servicer, provided that such Opinion of Counsel will not be required in connection with the initial transfer of any such Certificate by the Depositor or any affiliate thereof, to a non-affiliate of the Depositor or (ii) the Trustee shall require the transferee to execute a representation letter, substantially in the form of Exhibit G-1 hereto, and the Trustee shall require the transferor to execute a representation letter, substantially in the form of Exhibit G-2 hereto, each acceptable to and in form and substance satisfactory to the Trustee certifying to the Depositor and the Trustee the facts surrounding such transfer, which representation letters shall not be an expense of the Trustee, the Depositor or the Master Servicer; provided, however, that such representation letters will not be required in connection with any transfer of any such Certificate by the Depositor to an affiliate of the Depositor and the Trustee shall be entitled to conclusively rely upon a representation (which, upon the request of the Trustee, shall be a written representation) from the Depositor of the status of such transferee as an affiliate of the Depositor. Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Depositor and the Master Servicer against any liability that may result if the transfer is not so exempt or is not made in accordance with such applicable federal and state laws.

No transfer of any Class C Certificate shall be made unless the proposed transferee of such Class C Certificate (1) provides to the Trustee the appropriate tax certification forms that would eliminate any withholding or deduction for taxes from amounts payable by the Swap Provider, pursuant to the related Interest Rate Swap Agreement, and by the Cap Counterparty, pursuant to the Cap Contacts, to the Supplemental Interest Trust (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as applicable (or any successor form thereto), together with any applicable attachments) and (2) agrees to update such forms (i) upon expiration of any such forms, (ii) as required under then applicable U.S. Treasury regulations and (iii) promptly upon learning that such forms have become obsolete or incorrect, each as a condition to such transfer. In addition, no transfer of any Class C Certificate shall be made if such transfer would cause the Supplemental Interest Trust to be beneficially owned by two or more persons for federal income tax purposes, or continue to be so treated, unless (i) each proposed transferee of such Class C Certificate complies with the foregoing conditions, and (ii) the proposed majority holder of the Class C Certificates (or each holder, if there is or would be no majority holder) (A) provides, or causes to be provided, on behalf of the Supplemental Interest Trust, if applicable, to the Trustee the appropriate tax certification forms that would be required from the Supplemental Interest Trust to eliminate any withholding or deduction for taxes from amounts payable by the Swap Provider, pursuant to the Interest Rate Swap Agreement, and by the Cap Counterparty, pursuant to the Cap Contacts, to the Supplemental Interest Trust (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as applicable (or any successor form thereto), together with any applicable attachments) and (B) agrees to update such forms (x) upon expiration of any such forms, (y) as required under then applicable U.S. Treasury regulations and (z) promptly upon learning that such forms have become obsolete or incorrect. If, under applicable U.S. Treasury regulations, such tax certification forms may only be signed by a trustee acting on behalf of the Supplemental Interest Trust, then the Trustee, as the Supplemental Interest Trust Trustee, shall sign such certification forms if so directed by a Holder of the Class C Certificates. Upon receipt of any such tax certification forms from a transferee of any Class C Certificate, the Trustee, as the Supplemental Interest Trust Trustee, shall forward a copy of such tax certification forms provided to it to the Swap Provider and the Cap Counterparty. Each Holder of a Class C Certificate and each transferee thereof shall be deemed to have consented to the Trustee, as the Supplemental Interest Trust Trustee, forwarding to the Swap Provider and Cap Counterparty any tax certification form it has provided and updated in accordance with these transfer restrictions. Any purported sales or transfers of any Class C Certificate to a transferee which does not comply with the requirements of this paragraph shall be deemed null and void under this Agreement.


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The Trustee shall not be liable for the content or truthfulness of any such tax certification forms provided to it. The Trustee shall only be required to forward any tax certification forms received by it to the Swap Provider and Cap Counterparty at the last known address provided to it, and shall not be liable for the receipt of such tax certification forms by the Swap Provider or the Cap Counterparty, nor any failure of the Swap Provider or Cap Counterparty to process such forms or to take any action as required under the respective Interest Rate Swap Agreement or Cap Contract, or under applicable law. The Trustee shall have no duty to take action to correct any misstatement or omission in any tax certification forms provided to it and forwarded to the Swap Provider and Cap Counterparty.

(c) Notwithstanding the requirements of Section 5.02(b), transfers of Class B, Class P, Class C and Class R Certificates may be made in accordance with this Section 5.02(c) if the prospective transferee of a Certificate provides the Trustee and the Depositor with an investment letter substantially in the form of Exhibit G-3 attached hereto, which investment letter shall not be an expense of the Trustee, the Depositor or the Master Servicer, and which investment letter states that, among other things, such transferee is a “qualified institutional buyer” as defined under Rule 144A. Such transfers shall be deemed to have complied with the requirements of Section 5.02(b) hereof. Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Depositor and the Master Servicer against any liability that may result if the transfer is not so exempt or is not made in accordance with such applicable federal and state laws.


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The Trustee shall require an Opinion of Counsel, on which the Trustee, Depositor and Master Servicer may rely, from a prospective transferee prior to the transfer of any Class P, Class C and Class R Certificate to any employee benefit plan or other retirement arrangement, including individual retirement accounts and Keogh plans, that is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or Section 4975 of the Code (any of the foregoing, a “Plan”), to a trustee or other Person acting on behalf of any Plan, or to any other person who is using “plan assets” of any Plan to effect such acquisition (including any insurance company using funds in its general or separate accounts that may constitute “plan assets” of a Plan). Such Opinion of Counsel must establish to the satisfaction of the Trustee that such transfer is permissible under applicable law, will not constitute or result in a prohibited transaction under Section 406 of ERISA and Section 4975 of the Code, and will not subject the Trustee, the Master Servicer or the Depositor to any obligation in addition to those undertaken in this Agreement. Neither the Depositor, the Master Servicer nor the Trustee, will be required to obtain such Opinion of Counsel on behalf of any prospective transferee.

Prior to the termination of the Supplemental Interest Trust, each beneficial owner of a Class A, Class M and Class B Certificate or any interest therein, shall be deemed to have represented, by virtue of its acquisition or holding of the Class A, Class M and Class B Certificate, or interest therein, that either (i) it is not a Plan or (ii) (A) it is an accredited investor within the meaning of Prohibited Transaction Exemption 2002-41 (the “Exemption”) and (B) the acquisition and holding of such Certificate and the separate right to receive payments from the Supplemental Interest Trust are eligible for the exemptive relief available under one of Prohibited Transaction Class Exemption (“PTCE”) 84-14, 91-38, 95-60, 90-1 or 96-23.

Each beneficial owner of a Subordinate Certificate or any interest therein which is acquired subsequent to the termination of the Supplemental Interest Trust shall be deemed to have represented, by virtue of its acquisition or holding of that Certificate or interest therein, that either (i) it is not a Plan or a trustee or other Person acting on behalf of a Plan or using “plan assets” of a Plan to effect such acquisition (including any insurance company using funds in its general or separate accounts that may constitute “plan assets”), (ii) it has acquired and is holding such Certificate in reliance on the Exemption, and that it understands that there are certain conditions to the availability of the Exemption, including that the Certificate must be rated, at the time of purchase, not lower than “BBB-” (or its equivalent) by Standard & Poor’s, Fitch Ratings, Inc. or Moody’s, and the Certificate is so rated or (iii) (1) it is an insurance company, (2) the source of funds used to acquire or hold the Certificate or interest therein is an “insurance company general account,” as such term is defined in PTCE 95-60, and (3) the conditions in Sections I and III of PTCE 95-60 have been satisfied.

(d) [Reserved]


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(e) (i) Each Person who has or who acquires any Ownership Interest in a Class R Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the following provisions and to have irrevocably authorized the Trustee or its designee under clause (iii)(A) below to deliver payments to a Person other than such Person and to negotiate the terms of any mandatory sale under clause (iii)(B) below and to execute all instruments of transfer and to do all other things necessary in connection with any such sale. The rights of each Person acquiring any Ownership Interest in a Class R Certificate are expressly subject to the following provisions:

(A) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall be a Permitted Transferee and shall promptly notify the Trustee of any change or impending change in its status as a Permitted Transferee.

(B) In connection with any proposed Transfer of any Ownership Interest in a Class R Certificate, the Trustee shall require delivery to it, and shall not register the Transfer of any Class R Certificate until its receipt, of (I) an affidavit and agreement (a “Transfer Affidavit and Agreement” in the form attached hereto as Exhibit G-5) from the proposed Transferee, in form and substance satisfactory to the Trustee representing and warranting, among other things, that it is a Permitted Transferee, that it is not acquiring its Ownership Interest in the Class R Certificate that is the subject of the proposed Transfer as a nominee, trustee or agent for any Person who is not a Permitted Transferee, that for so long as it retains its Ownership Interest in a Class R Certificate, it will endeavor to remain a Permitted Transferee, and that it has reviewed the provisions of this Section 5.02 and agrees to be bound by them, and (II) a certificate, in the form attached hereto as Exhibit G-4, from the Holder wishing to transfer the Class R Certificate, in form and substance satisfactory to the Trustee representing and warranting, among other things, that no purpose of the proposed Transfer is to impede the assessment or collection of tax and that it has no knowledge that the proposed transferee is not a Permitted Transferee.

(C) Notwithstanding the delivery of a Transfer Affidavit and Agreement by a proposed Transferee under clause (B) above, if a Responsible Officer of the Trustee assigned to this transaction has actual knowledge that the proposed Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest in a Class R Certificate to such proposed Transferee shall be effected.

(D) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall agree (x) to require a Transfer Affidavit and Agreement from any other Person to whom such Person attempts to transfer its Ownership Interest in a Class R Certificate and (y) not to transfer its Ownership Interest unless it provides a certificate to the Trustee in the form attached hereto as Exhibit G-4.

(E) Each Person holding or acquiring an Ownership Interest in a Class R Certificate, by purchasing an Ownership Interest in such Certificate, agrees to give the Trustee written notice that it is a “pass-through interest holder” within the meaning of Temporary Treasury Regulations Section 1.67-3T(a)(2)(i)(A) immediately upon acquiring an Ownership Interest in a Class R Certificate, if it is “a pass-through interest holder”, or is holding an Ownership Interest in a Class R Certificate on behalf of a “pass-through interest holder.”


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(ii) The Trustee will register the Transfer of any Class R Certificate only if it shall have received the Transfer Affidavit and Agreement in the form attached hereto as Exhibit G-5, a certificate of the Holder requesting such transfer in the form attached hereto as Exhibit G-4 and all of such other documents as shall have been reasonably required by the Trustee as a condition to such registration. Transfers of the Class R Certificates other than to Permitted Transferees are prohibited.

(iii) (A) If any Person other than a Permitted Transferee shall become a Holder of a Class R Certificate, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. If a transfer of a Class R Certificate is disregarded pursuant to the provisions of Treasury Regulations Section 1.860E-1 or Section 1.860G-3, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such transfer of such Class R Certificate. The prior Holder shall be entitled to recover from any purported Holder of a Class R Certificate that was in fact not a Permitted Transferee under this Section 5.02(e) at the time it became a Holder all payments made on such Class R Certificate. Each Holder of a Class R Certificate, by acceptance thereof, shall be deemed for all purposes to have consented to the provisions of this Section 5.02(e) and to any amendment of this Agreement deemed necessary (whether as a result of new legislation or otherwise) by counsel of the Depositor to ensure that the Class R Certificates are not transferred to any Person who is not a Permitted Transferee and that any transfer of such Class R Certificates will not cause the imposition of a tax upon the Trust or cause any such REMIC to fail to qualify as a REMIC. Neither the Trustee nor the Trustee shall be under any liability to any Person for any registration of Transfer of a Class R Certificate that is in fact not permitted by this Section 5.02 or for making any payments due on such Certificate to the Holder thereof or for taking any other action with respect to such Holder under the provisions of this Agreement.

(B) If any purported Transferee shall become a Holder of a Class R Certificate in violation of the restrictions in this Section 5.02 and to the extent that the retroactive restoration of the rights of the Holder of such Class R Certificate as described in clause (iii)(A) above shall be invalid, illegal or unenforceable, then the Trustee shall have the right, without notice to the Holder or any prior Holder of such Class R Certificate, to sell such Class R Certificate to a purchaser selected by the Trustee on such terms as the Trustee may choose. Such purported Transferee shall promptly endorse and deliver each Class R Certificate in accordance with the instructions of the Trustee. Such purchaser may be the Trustee itself. The proceeds of such sale, net of the commissions (which may include commissions payable to the Trustee), expenses and taxes due, if any, will be remitted by the Trustee to such purported Transferee. The terms and conditions of any sale under this clause (iii)(B) shall be determined in the sole discretion of the Trustee, and the Trustee shall not be liable to any Person having an Ownership Interest in a Class R Certificate as a result of its exercise of such discretion.


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(iv) The Trustee shall make available to the Internal Revenue Service and those Persons specified by the REMIC Provisions, all information necessary to compute any tax imposed (A) as a result of the transfer of an ownership interest in a Class R Certificate to any Person who is a Disqualified Organization, including the information regarding “excess inclusions” of such Class R Certificates required to be provided to the Internal Revenue Service and certain Persons as described in Treasury Regulations Sections 1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result of any regulated investment company, real estate investment trust, common trust fund, partnership, trust, estate or organization described in Section 1381 of the Code that holds an Ownership Interest in a Class R Certificate having as among its record Holders at any time any Person who is a Disqualified Organization. The Trustee may charge and shall be entitled to reasonable compensation for providing such information as may be required from those Persons which may have had a tax imposed upon them as specified in clauses (A) and (B) of this paragraph for providing such information.

(f) Subject to the preceding paragraphs, upon surrender for registration of transfer of any Certificate at the office of the Trustee maintained for such purpose, the Trustee shall execute and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Certificates of the same Class of a like aggregate Percentage Interest. Every Certificate surrendered for transfer shall be accompanied by notification of the account of the designated transferee or transferees for the purpose of receiving distributions pursuant to Section 4.01 by wire transfer, if any such transferee desires and is eligible for distribution by wire transfer.

(g) At the option of the Certificateholders, Certificates may be exchanged for other Certificates of authorized denominations of the same Class of a like aggregate Percentage Interest, upon surrender of the Certificates to be exchanged at the office of the Trustee. Whenever any Certificates are so surrendered for exchange the Trustee shall execute, authenticate and deliver the Certificates which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in the form satisfactory to the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing. In addition, with respect to each Class R Certificate, the Holder thereof may exchange, in the manner described above, such Class R Certificate for three separate Certificates, each representing such Holder's respective Percentage Interest in the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest, respectively, in each case that was evidenced by the Class R Certificate being exchanged.

(h) No service charge shall be made to the Certificateholders for any transfer or exchange of Certificates, but the Trustee may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates.


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(i) All Certificates surrendered for transfer and exchange shall be canceled and retained by the Trustee in accordance with the Trustee’s standard procedures.

Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.

If (i) any mutilated Certificate is surrendered to the Trustee and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Certificate, and (ii) there is delivered to the Trustee such security or indemnity as may be required by it to save it harmless, then, in the absence of notice to the Trustee that such Certificate has been acquired by a bona fide purchaser, the Trustee shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of the same Class and Percentage Interest. Upon the issuance of any new Certificate under this Section, the Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. Any replacement Certificate issued pursuant to this Section shall constitute complete and indefeasible evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

Section 5.04. Persons Deemed Owners.

The Depositor, the Master Servicer, the Trustee and any agent of any of them may treat the person in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions pursuant to Section 4.01 and for all other purposes whatsoever, and neither the Depositor, the Master Servicer, the Trustee nor any agent of any of them shall be affected by notice to the contrary.

Section 5.05. Rule 144A Information.

For so long as any Class B, Class P, Class C and Class R are outstanding and are “restricted securities” within the meaning of Rule 144(a)(3) of the Securities Act, (1) the Depositor will provide or cause to be provided to any Holder of such Certificates and any prospective purchaser thereof designated by such a Holder, upon the request of such Holder or prospective purchaser, the information required to be provided to such Holder or prospective purchaser by Rule 144A(d)(4) under the Securities Act; and (2) the Depositor shall update such information from time to time in order to prevent such information from becoming false and misleading and will take such other actions as are necessary to ensure that the safe harbor exemption from the registration requirements of the Securities Act under Rule 144A is and will be available for resales of such Certificates conducted in accordance with Rule 144A. The Master Servicer shall cooperate with the Depositor and furnish the Depositor such information in the Master Servicer's possession as the Depositor may reasonably request.


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ARTICLE VI
THE DEPOSITOR AND THE MASTER SERVICER

 
Section 6.01.
Liability of the Depositor and the Master Servicer.

The Depositor and the Master Servicer each shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Depositor and the Master Servicer herein. Only the Master Servicer, any successor Master Servicer or the Trustee acting as Master Servicer shall be liable with respect to the servicing of the Mortgage Loans and the REO Property for actions taken by any such Person in contravention of the Master Servicer's duties hereunder.

 
Section 6.02.
Merger, Consolidation or Conversion of the Depositor or the Master Servicer.

The Depositor and the Master Servicer each will keep in full effect its existence, rights and franchises as a corporation under the laws of the state of its incorporation, and each will obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans and to perform its respective duties under this Agreement.

Any Person into which the Depositor or the Master Servicer may be merged, consolidated or converted, or any corporation resulting from any merger or consolidation to which the Depositor or the Master Servicer shall be a party, or any Person succeeding to the business of the Depositor or the Master Servicer, shall be the successor of the Depositor or the Master Servicer, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Master Servicer shall be qualified to sell mortgage loans to and service mortgage loans for Fannie Mae or Freddie Mac.

Section 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others.

Neither the Depositor, the Master Servicer nor any of the directors, officers, employees or agents of the Depositor or the Master Servicer shall be under any liability to the Trust Fund or the Certificateholders for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Depositor or the Master Servicer (but this provision shall protect the above described persons) against any breach of warranties or representations made herein, or against any specific liability imposed on the Master Servicer pursuant to Section 3.01 or any other Section hereof; and provided further that this provision shall not protect the Depositor, the Master Servicer or any such person, against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence in the performance of duties or by reason of reckless disregard of obligations and duties hereunder. The Depositor, the Master Servicer and any director, officer, employee or agent of the Depositor or the Master Servicer may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Depositor, the Master Servicer and any director, officer, employee or agent of the Depositor or the Master Servicer shall be indemnified and held harmless by the Trust Fund against any loss, liability or expense incurred in connection with any legal action relating to this Agreement or the Certificates (including reasonable legal fees and disbursements of counsel), other than (a) any loss, liability or expense related to Master Servicer's servicing obligations with respect to any specific Mortgage Loan or Mortgage Loans (except as any such loss, liability or expense shall be otherwise reimbursable pursuant to this Agreement) or related to the Master Servicer's obligations under Section 3.01, or (b) any loss, liability or expense incurred by reason of willful misfeasance, bad faith or gross negligence in the performance of duties hereunder or by reason of reckless disregard of obligations and duties hereunder. Neither the Depositor nor the Master Servicer shall be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its respective duties under this Agreement and which in its opinion may involve it in any expense or liability; provided, however, that the Depositor or the Master Servicer may in its sole discretion undertake any such action which it may deem necessary or desirable with respect to this Agreement and the rights and duties of the parties hereto and the interests of the Certificateholders hereunder. In such event, the legal expenses and costs of such action and any liability resulting therefrom (except any action or liability related to the Master Servicer's obligations under Section 3.01) shall be expenses, costs and liabilities of the Trust Fund, and the Depositor and the Master Servicer shall be entitled to be reimbursed therefor from the Certificate Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Certificate Account.


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Section 6.04. Limitation on Resignation of the Master Servicer.

The Master Servicer shall not resign from the obligations and duties hereby imposed on it except (a) upon appointment of a successor servicer reasonably acceptable to the Trustee upon receipt by the Trustee of a letter from each Rating Agency (obtained by the Master Servicer and at its expense) that such a resignation and appointment will not, in and of itself, result in a downgrading of the Certificates or (b) upon determination that its duties hereunder are no longer permissible under applicable law. Any such determination permitting the resignation of the Master Servicer shall be evidenced by an Opinion of Counsel (at the expense of the resigning Master Servicer) to such effect delivered to the Trustee. No such resignation shall become effective until the Trustee or a successor servicer shall have assumed the Master Servicer's responsibilities, duties, liabilities and obligations hereunder.

Section 6.05. Sale and Assignment of Master Servicing.


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The Master Servicer may sell and assign its rights and delegate its duties and obligations in their entirety as Master Servicer under this Agreement; provided, however, that: (i) the purchaser or transferee accepting such assignment and delegation (a) shall be a Person which shall be qualified to service mortgage loans for Fannie Mae or Freddie Mac; (b) shall, in the case of successor master servicers only, have a net worth of not less than $10,000,000 (unless otherwise approved by each Rating Agency pursuant to clause (ii) below); (c) shall be reasonably satisfactory to the Trustee (as evidenced in a writing signed by the Trustee) as having a comparable servicing ability to that of the Master Servicer on the Closing Date; (d) shall execute and deliver to the Trustee an agreement, in form and substance reasonably satisfactory to the Trustee, which contains an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed or observed by it as master servicer under this Agreement and any custodial agreement, from and after the effective date of such agreement; (ii) each Rating Agency shall be given prior written notice of the identity of the proposed successor to the Master Servicer and each Rating Agency's rating of the Certificates in effect immediately prior to such assignment, sale and delegation will not be downgraded or withdrawn as a result of such assignment, sale and delegation, as evidenced by a letter to such effect obtained by the Master Servicer at its expense and delivered to the Trustee; and (iii) the Master Servicer assigning and selling the master servicing shall deliver to the Trustee an Officer's Certificate and an Opinion of Counsel (at the expense of the Master Servicer), each stating that all conditions precedent to such action under this Agreement have been completed and such action is permitted by and complies with the terms of this Agreement. No such assignment or delegation shall affect any liability of the Master Servicer arising prior to the effective date thereof.


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ARTICLE VII
DEFAULT

Section 7.01. Events of Default.

“Event of Default”, wherever used herein, means any one of the following events:

(i) any failure by the Master Servicer to deposit into the Certificate Account on each Certificate Account Deposit Date the amounts required to be deposited therein (other than an Advance) under the terms of this Agreement which continues unremedied for two (2) Business Days after such amount was required to be remitted; or

(ii) any failure on the part of the Master Servicer duly to observe or perform in any material respect any other of the covenants or agreements on the part of the Master Servicer contained in the Certificates or in this Agreement (including any breach of the Master Servicer's representations and warranties pursuant to Section 2.03(a) which materially and adversely affects the interests of the Certificateholders) which continues unremedied for a period of 60 days after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Master Servicer by the Trustee, or to the Master Servicer and the Trustee by the Holders of Certificates entitled to at least 25% of the Voting Rights; or

(iii) a decree or order of a court or agency or supervisory authority having jurisdiction in an involuntary case under any present or future federal or state bankruptcy, insolvency or similar law or the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Master Servicer and such decree or order shall have remained in force undischarged or unstayed for a period of 60 consecutive days; or

(iv) the Master Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings of or relating to the Master Servicer or of or relating to all or substantially all of its property; or

(v) the Master Servicer shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of or otherwise voluntarily commence a case or proceeding under any applicable bankruptcy, insolvency, reorganization or other similar statute, make an assignment for the benefit of its creditors, or voluntarily suspend payment of its obligations; or

(vi) the Master Servicer shall fail to deposit in the Certificate Account on any Certificate Account Deposit Date an amount equal to any required Advance which continues unremedied for the earlier of (a) a period of two (2) Business Days or (b) the Business Day immediately preceding the Distribution Date.


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If an Event of Default described in clauses (i) - (v) of this Section shall occur, then, and in each and every such case, so long as such Event of Default shall not have been remedied, the Trustee, or the Holders of Certificates entitled to at least 51% of the Voting Rights, by notice in writing to the Master Servicer and the Swap Provider (and to the Trustee if given by such Holders of Certificates), with a copy to the Rating Agencies, may terminate all of the rights and obligations (but not the liabilities) of the Master Servicer under this Agreement and in and to the Trust Fund, other than its rights as a Certificateholder hereunder; provided, however, that the successor to the Master Servicer appointed pursuant to Section 7.02 shall have accepted the duties of Master Servicer effective upon the resignation or termination of the Master Servicer. If an Event of Default described in clause (vi) hereof shall occur, the Trustee shall, by notice to the Master Servicer and the Depositor, terminate all of the rights and obligations of the Master Servicer under this Agreement and in and to the Trust Fund, other than its rights as a Certificateholder hereunder; provided, however, that if the Trustee determines (in its sole discretion) that the failure by the Master Servicer to make any required Advance was due to circumstances beyond its control, and the required Advance was otherwise made, the Trustee shall not terminate the Master Servicer. On or after the receipt by the Master Servicer of such notice, all authority and power of the Master Servicer under this Agreement, whether with respect to the Certificates (other than as a Holder thereof) or the Mortgage Loans or otherwise, shall pass to and be vested in the Trustee pursuant to and under this Section, and, without limitation, the Trustee is hereby authorized and empowered to execute and deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise at the expense of the Master Servicer. The Master Servicer agrees to cooperate with (and pay any related costs and expenses of) the Trustee in effecting the termination of the Master Servicer's responsibilities and rights hereunder, including, without limitation, the transfer to the Trustee or the successor Master Servicer for administration by it of (i) the property and amounts which are then or should be part of the Trust Fund or which thereafter become part of the Trust Fund; (ii) originals or copies of all documents of the Master Servicer reasonably requested by the Trustee to enable it to assume the Master Servicer's duties thereunder; (iii) the rights and obligations of the Master Servicer under the Sub-Servicing Agreements with respect to the Mortgage Loans; and (iv) all cash amounts which shall at the time be deposited by the Master Servicer or should have been deposited to the Custodial or the Certificate Account or thereafter be received with respect to the Mortgage Loans. The Trustee shall not be deemed to have breached any obligation hereunder as a result of a failure to make or delay in making any distribution as and when required hereunder caused by the failure of the Master Servicer to remit any amounts received by it or to deliver any documents held by it with respect to the Mortgage Loans. For purposes of this Section 7.01, the Trustee shall not be deemed to have knowledge of an Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless notice of any event which is in fact such an Event of Default is received by the Trustee as provided in Section 11.05 and such notice references the Certificates, the Trust Fund or this Agreement.


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Section 7.02. Trustee to Act; Appointment of Successor.

Within 90 days of the time the Master Servicer receives a notice of termination pursuant to Section 7.01(i) - (vi), the Trustee or its appointed agent shall be the successor in all respects to the Master Servicer in its capacity as Master Servicer under this Agreement and the transactions set forth or provided for herein and shall be subject thereafter to all the responsibilities, duties and liabilities relating thereto placed on the Master Servicer including the obligation to make Advances which have been or will be required to be made (except for the responsibilities, duties and liabilities contained in Section 2.03 and its obligations to deposit amounts in respect of losses pursuant to Section 3.12 and 4.01(i)) by the terms and provisions hereof; and provided further, that any failure to perform such duties or responsibilities caused by the Master Servicer's failure to provide information required by Section 4.03 shall not be considered a default by the Trustee hereunder. As compensation therefor, the Trustee shall be entitled to all funds relating to the Mortgage Loans which the Master Servicer would have been entitled to charge to the Custodial Account if the Master Servicer had continued to act hereunder. If the Trustee has become the successor to the Master Servicer in accordance with Section 6.04 or Section 7.02, then notwithstanding the above, if the Trustee shall be unwilling to so act, or shall be unable to so act, the Trustee may appoint, or petition a court of competent jurisdiction or appoint, any established housing and home finance institution, which is also a Fannie Mae- or Freddie Mac-approved mortgage servicing institution, having a net worth of not less than $10,000,000 as the successor to the Master Servicer hereunder in the assumption of all or any part of the responsibilities, duties or liabilities of the Master Servicer hereunder. Pending appointment of a successor to the Master Servicer hereunder, the Trustee shall act in such capacity as herein above provided. In connection with such appointment and assumption, the Trustee may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree; provided, however, that no such compensation shall be in excess of that permitted the Master Servicer hereunder. Each of the Sponsor, the Trustee and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession. In no event shall the successor Master Servicer be liable for the acts or omissions of the predecessor Master Servicer.

In connection with the termination or resignation of the Master Servicer hereunder, either (i) the successor Master Servicer, including the Trustee if the Trustee is acting as successor Master Servicer, shall represent and warrant that it is a member of MERS in good standing and shall agree to comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS, in which case the predecessor Master Servicer shall cooperate with the successor Master Servicer in causing MERS to revise its records to reflect the transfer of servicing to the successor Master Servicer as necessary under MERS' rules and regulations, or (ii) the predecessor Master Servicer shall cooperate with the successor Master Servicer in causing MERS to execute and deliver an assignment of Mortgage in recordable form to transfer the Mortgage from MERS to the Trustee and to execute and deliver such other notices, documents and other instruments as may be necessary or desirable to effect a transfer of such Mortgage Loan or servicing of such Mortgage Loan on the MERS® System to the successor Master Servicer. The predecessor Master Servicer shall file or cause to be filed any such assignment in the appropriate recording office. The predecessor Master Servicer shall bear any and all fees of MERS, costs of preparing any assignments of Mortgage, and fees and costs of filing any assignments of Mortgage that may be required under this Section 7.02. The successor Master Servicer shall cause such assignment to be delivered to the Trustee promptly upon receipt of the original with evidence of recording thereon or a copy certified by the public recording office in which such assignment was recorded.


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Any successor, including the Trustee, to the Master Servicer shall maintain in force during its term as master servicer hereunder policies and fidelity bonds to the same extent as the Master Servicer is so required pursuant to Section 3.18.

Notwithstanding anything else herein to the contrary, in no event shall the Trustee be liable for any Master Servicing Fee or Sub-Servicing Fee or for any differential in the amount of the Master Servicing Fee or Sub-Servicing Fee paid hereunder and the amount necessary to induce any successor Master Servicer or Sub-Servicer, as applicable, to act as successor Master Servicer or Sub-Servicer, as applicable, under this Agreement and the transactions set forth or provided for herein.

Section 7.03. Notification to Certificateholders.

(a) Upon any such termination or appointment of a successor to the Master Servicer, the Trustee shall give prompt notice thereof to Certificateholders, the Swap Provider and to the Rating Agencies.

(b) Within 60 days after the occurrence of any Event of Default, the Trustee shall transmit by mail to all Holders of Certificates and the Swap Provider notice of each such Event of Default hereunder known to the Trustee, unless such Event of Default shall have been cured or waived.

Section 7.04. Waiver of Events of Default.

The Holders representing at least 51% of the Voting Rights of Certificates affected by a default or Event of Default hereunder, may waive such default or Event of Default (other than an Event of Default set forth in Section 7.01(vi)); provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in the second paragraph of Section 11.01 or materially adversely affect any non-consenting Certificateholder. Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights of Certificates affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived. The Master Servicer shall give notice of any such waiver to the Rating Agencies.


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Section 7.05. List of Certificateholders.

Upon written request of three or more Certificateholders of record, for purposes of communicating with other Certificateholders with respect to their rights under this Agreement, the Trustee will afford such Certificateholders access during business hours to the most recent list of Certificateholders held by the Trustee.


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ARTICLE VIII
CONCERNING THE TRUSTEE

Section 8.01. Duties of Trustee.

The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. If an Event of Default occurs, is continuing and has not been waived, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. Any permissive right of the Trustee enumerated in this Agreement shall not be construed as a duty.

The Trustee, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee which are specifically required to be furnished pursuant to any provision of this Agreement, shall examine them in accordance with the requirements of this Agreement. If any such instrument is found not to conform to the requirements of this Agreement in a material manner, the Trustee shall take such action as it deems appropriate to have the instrument corrected, and if the instrument is not corrected to the Trustee’s satisfaction, the Trustee will provide notice thereof to the Certificateholders. Notwithstanding the foregoing, the Trustee shall not be responsible for the accuracy or content of any resolution, certificate, statement, opinion, report, document, order or other instrument furnished by the Master Servicer hereunder or any Opinion of Counsel required hereunder.

The Trustee shall prepare and file or cause to be filed on behalf of the Trust Fund any tax return that is required with respect to REMIC 1, REMIC 2 and REMIC 3 pursuant to applicable federal, state or local tax laws.

The Trustee covenants and agrees that it shall perform its obligations hereunder in a manner so as to maintain the status of REMIC 1, REMIC 2 and REMIC 3 under the REMIC Provisions and to prevent the imposition of any federal, state or local income, prohibited transaction, contribution or other tax on any of REMIC 1, REMIC 2 or REMIC 3 to the extent that maintaining such status and avoiding such taxes are within the control of the Trustee and are reasonably within the scope of its duties under this Agreement.

No provision of this Agreement shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own willful misconduct; provided, however, that:

(i) Prior to the occurrence of an Event of Default, and after the curing or waiver of all such Events of Default which may have occurred, the duties and obligations of the Trustee shall be determined solely by the express provisions of this Agreement, the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee and, in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Agreement;


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(ii) The Trustee shall not be liable for an error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and

(iii) The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with the direction of the Holders of Certificates entitled to at least 25% of the Voting Rights relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Agreement.

Section 8.02. Certain Matters Affecting the Trustee.

Except as otherwise provided in Section 8.01:

(a) The Trustee may conclusively rely upon and shall be fully protected in acting or refraining from acting in reliance upon any resolution, Officers’ Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties;

(b) The Trustee may consult with counsel and any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance therewith;

(c) The Trustee shall be under no obligation to exercise any of the trusts or powers vested in it by this Agreement, other than its obligation to give notice pursuant to this Agreement, or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to the provisions of this Agreement, unless such Certificateholders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities which may be incurred therein or thereby; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of an Event of Default of which a Responsible Officer of the Trustee’s corporate trust department has actual knowledge (which has not been waived or cured), to exercise such of the rights and powers vested in it by this Agreement, and to use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs;


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(d) The Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

(e) Prior to the occurrence of an Event of Default hereunder and after the curing or waiver of all Events of Default which may have occurred, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or document, unless requested in writing to do so by the Holders of Certificates entitled to at least 25% of the Voting Rights; provided, however, that if the payment within a reasonable time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, reasonably assured to the Trustee by the security afforded to it by the terms of this Agreement reasonable expense of every such examination shall be paid by the Certificateholders requesting the investigation;

(f) The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, nominees, custodians or attorneys appointed with due care, and shall not be responsible for any willful misconduct or negligence on the part of any agent, attorney, custodian or nominee so appointed;

(g) The Trustee shall not be required to give any bond or surety with respect to the execution of the trust created hereby or the powers granted hereunder; and

(h) Whenever in the administration of the provisions of this Agreement the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action to be taken hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by a certificate signed and delivered to the Trustee and such certificate, in the absence of gross negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Agreement upon the faith thereof.

The Trustee shall have no obligation to invest and reinvest any cash held in the absence of timely and specific written investment direction from the Master Servicer. In no event shall the Trustee be liable for the selection of investments or for investment losses incurred thereon. The Trustee shall have no liability in respect of losses incurred as a result of the liquidation of any investment incurred as a result of the liquidation of any investment prior to its stated maturity or the failure of the Master Servicer to provide timely written investment direction.

In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering (“Lending Laws”), the Trustee is required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with the Trustee. Accordingly, each of the parties agrees to provide to the Trustee upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Trustee to comply with the Lending Laws.


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Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans.

The recitals contained herein and in the Certificates (other than the signature of the Trustee, the authentication of the Trustee on the Certificates, the acknowledgments of the Trustee contained in Article II) shall be taken as the statements of the Depositor and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement or of the Certificates (other than the signature and authentication of the Trustee on the Certificates) or of any Mortgage Loan or related document, or of MERS or the MERS® System. The Trustee shall not be accountable for the use or application by the Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account by the Master Servicer.

Section 8.04. Trustee May Own Certificates.

The Trustee in its individual or any other capacity (other than as Trustee hereunder) may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee and may otherwise deal with the parties hereto.

Section 8.05. Trustee’s Fees.

On each Distribution Date, the Trustee shall be entitled to withdraw from the Certificate Account as compensation hereunder any amounts earned on funds in the Certificate Account. Such compensation (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) shall be paid for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder or of the Trustee. Except as otherwise provided in this Agreement, the Trustee and any director, officer, employee or agent of the Trustee shall be indemnified and held harmless by the Trust Fund against any claim, loss, liability, fee or expense incurred in connection with any Event of Default, any breach of this Agreement or any claim or legal action (including any pending or threatened claim or legal action), relating to the acceptance or administration of its trusts hereunder or the Trustee’s performance under the Certificates, other than any claim, loss, liability or expense (i) sustained in connection with this Agreement related to the willful misfeasance, bad faith or negligence of the Master Servicer in the performance of its duties hereunder or (ii) incurred in connection with a breach constituting willful misfeasance, bad faith or negligence of the Trustee in the performance of its duties hereunder or by reason of reckless disregard of its obligations and duties hereunder.

The Master Servicer shall indemnify the Trustee and any director, officer, employee or agent of the Trustee against any such claim or legal action (including any pending or threatened claim or legal action), loss, liability, fee or expense that may be sustained in connection with this Agreement related to the willful misfeasance, bad faith, or negligence in the performance of the Master Servicer's duties hereunder.


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The provisions of this Section 8.05 shall survive the resignation or removal of the Trustee or the termination of this Agreement.

Section 8.06. Eligibility Requirements for Trustee.

The Trustee hereunder shall at all times be a corporation or a national banking association organized and doing business under the laws of any state or the United States of America or the District of Columbia, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. In addition, the Trustee shall at all times be acceptable to the Rating Agency rating the Certificates. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07. The corporation or national banking association serving as Trustee may have normal banking and trust relationships with the Sponsor and their affiliates or the Master Servicer and its affiliates; provided, however, that such corporation cannot be an affiliate of the Master Servicer other than the Trustee in its role as successor to the Master Servicer.

Section 8.07. Resignation and Removal of the Trustee.

The Trustee may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to the Master Servicer; with a copy to the Rating Agencies and the Swap Provider; provided, that such resignation shall not be effective until successor trustee is appointed and accepts appointment in accordance with the following provisions; provided, however, that the resigning trustee shall not resign and be discharged from the trusts hereby created until such time as the Rating Agency rating the Certificates approves the successor trustee. Upon receiving such notice of resignation, the Master Servicer shall promptly appoint successor trustee who meets the eligibility requirements of Section 8.06 by written instrument, in triplicate, one copy of which instrument shall be delivered to the resigning trustee and to the successor trustee. If no successor trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning trustee may petition any court of competent jurisdiction for the appointment of a successor trustee.

If at any time the Trustee shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Master Servicer, or if at any time the Trustee shall become incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, the Master Servicer may remove the Trustee and appoint successor trustee who meets the eligibility requirements of Section 8.06 by written instrument, in triplicate, which instrument shall be delivered to the Trustee so removed and to the successor trustee.


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Any resignation or removal of the Trustee and appointment of a successor trustee pursuant to any of the provisions of this Section shall not become effective until acceptance of appointment by the successor trustee as provided in Section 8.08.

Section 8.08. Successor Trustee.

Any successor trustee appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Master Servicer an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee shall become effective and such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as trustee herein. The predecessor trustee shall after payment of its outstanding fees and expenses, promptly deliver to the successor trustee all assets and records of the Trust Fund held by it hereunder, and the Master Servicer and the predecessor trustee shall execute and deliver all such instruments and do such other things as may reasonably be required for more fully and certainly vesting and confirming in the successor trustee all such rights, powers, duties and obligations.

No successor trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor trustee shall be eligible under the provisions of Section 8.06.

Upon acceptance of appointment by successor trustee as provided in this Section, the Master Servicer shall mail notice of the succession of such trustee hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register. If the Master Servicer fails to mail such notice within ten days after acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be mailed at the expense of the Master Servicer.

Section 8.09. Merger or Consolidation of Trustee.

Any state bank or trust company or corporation or national banking association into which the Trustee may be merged or converted or with which it may be consolidated or any state bank or trust company or national banking association resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any state bank or trust company or corporation or national banking association succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such state bank or trust company or corporation or national banking association shall be eligible under the provisions of Section 8.06 without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.


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Section 8.10. Appointment of Co-Trustee or Separate Trustee.

Notwithstanding any other provisions hereof, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing the same may at the time be located, the Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity, such title to the Trust Fund, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider necessary or desirable. If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request so to do, or in case an Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment without the Master Servicer. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as successor trustee under Section 8.06 hereunder and no notice to Holders of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall be required under Section 8.08 hereof.

In the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10, all rights, powers, duties and obligations conferred or imposed upon the Trustee and required to be conferred or such co-trustee shall be conferred or imposed upon and exercised or performed by the Trustee and such separate trustee or co-trustee jointly, except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed (whether as Trustee hereunder or as successor to the Master Servicer hereunder), the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including the holding of title to the Trust Fund or any portion thereof in any such jurisdiction) shall be exercised and performed by such separate trustee or co-trustee at the direction of the Trustee.

Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection to, the Trustee. Every such instrument shall be filed with the Trustee.


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Any separate trustee or co-trustee may, at any time, constitute the Trustee its agent or attorney-in-fact, with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and be exercised by the Trustee to the extent permitted by law, without the appointment of a new or successor trustee.


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ARTICLE IX
TERMINATION

Section 9.01. Termination Upon Repurchase or Liquidation of All Mortgage Loans or upon Purchase of Certificates.

(a) Subject to Section 9.03, the respective obligations and responsibilities of the Depositor, the Master Servicer and the Trustee created hereby (other than the obligations of the Master Servicer to the Trustee pursuant to Section 8.05 and of the Master Servicer to provide for and the Trustee to make payments to Certificateholders as hereafter set forth) shall terminate upon payment to the Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them hereunder following the earlier to occur of (i) the repurchase by the Master Servicer or its designee of all Mortgage Loans and each REO Property in respect thereof remaining in the Trust Fund at a price in cash equal to (a) 100% of the unpaid principal balance of each Mortgage Loan (other than one as to which a REO Property was acquired) on the day of repurchase together with accrued interest on such unpaid principal balance at the Net Mortgage Rate to the first day of the month in which the proceeds of such repurchase are to be distributed, plus (b) the appraised value of any REO Property (but not more than the unpaid principal balance of the related Mortgage Loan, together with accrued interest on that balance at the Net Mortgage Rate to the first day of the month such repurchase price is distributed), less the good faith estimate of the Master Servicer of liquidation expenses to be incurred in connection with its disposal thereof, such appraisal to be conducted by an appraiser mutually agreed upon by the Master Servicer and the Trustee at the expense of the Master Servicer, plus (c) any Swap Termination Payment (which shall include any Net Swap Payment payable for the final Distribution Date) payable to the Swap Provider pursuant to the Interest Rate Swap Agreement which remains unpaid or which is due to the exercise of such option (a “Swap Optional Termination Payment”) and (ii) the final payment or other liquidation (or any Advance with respect thereto) of the last Mortgage Loan remaining in the Trust Fund (or the disposition of all REO Property in respect thereof); provided, however, that in no event shall the trust created hereby continue beyond the earlier of (i) the Distribution Date occurring in November 2036 (ii) the expiration of 21 years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Court of St. James, living on the date hereof and (iii) the “latest possible maturity date” specified in the Preliminary Statements with respect to the related Regular Interests and Certificates, and provided further, that the purchase price set forth above shall be increased as is necessary, as determined by the Master Servicer, to avoid disqualification of any of REMIC 1, REMIC 2 or REMIC 3 as a REMIC. In the case of any repurchase by the Master Servicer pursuant to clause (i), the Master Servicer shall exercise reasonable efforts to cooperate fully with the Trustee in effecting such repurchase and the transfer of the Mortgage Loans and related Mortgage Files and related records to the Master Servicer.


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The right of the Master Servicer or its designee to repurchase all Mortgage Loans pursuant to (i) above shall be conditioned upon the Aggregate Stated Principal Balance of such Mortgage Loans at the time of any such repurchase aggregating to an amount equal to or less than 10% of the Cut-off Date Balance. If such right is exercised, the Master Servicer upon such repurchase shall provide to the Trustee, notice of such exercise prior to the Determination Date in the month preceding the month of purchase and the certification required by Section 3.16.

In the case of a repurchase of Mortgage Loans and REO Property pursuant to clause (a)(i) above, only an amount equal to the repurchase price specified in such clause (a)(i) above for such Mortgage Loans and REO Property, less any Swap Optional Termination Payment, shall be made available for distribution to the Regular Certificates and Class IO Interests. The Swap Optional Termination Payment shall be withdrawn by the Trustee from the Certificate Account and remitted to the Supplemental Interest Trust to be paid in accordance with Section 4.09(ii). The Swap Optional Termination Payment shall not be part of any REMIC and shall not be paid into any account which is part of any REMIC.

(b) The Master Servicer has the right to repurchase all of the Mortgage Loans and related REO Properties pursuant to clause (i) of Section 9.01(a), conditioned upon the Aggregate Stated Principal Balance of such Mortgage Loans at the time of any such repurchase aggregating to an amount equal to or less than 10% of the Cut-off Date Balance. If the Master Servicer elects to terminate the Trust pursuant to this Section 9.01 (such termination, an “Optional Termination”), the Master Servicer shall, at least 20 days prior to the last date on which notice of such Optional Termination is required to be mailed to the Certificateholders pursuant to 9.01(f), notify in writing (which may be done in electronic format) the Depositor, the Master Servicer, the Trustee and the Swap Provider of the final Distribution Date on which the Master Servicer intends to terminate the Trust Fund.

(c) In connection with any Optional Termination, four Business Days prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f), the Master Servicer shall, no later than 4:00 pm New York City time on such day, request in writing (in accordance with the applicable provision of the Interest Rate Swap Agreement) and by phone from the Swap Provider the amount of the Estimated Swap Termination Payment. The Swap Provider shall, no later than 2:00 pm on the following Business Day, notify in writing (which may be done in electronic format) the Trustee of the amount of the Estimated Swap Termination Payment; the Trustee shall promptly on the same day notify the Master Servicer of the amount of the Estimated Swap Termination Payment.

(d) Two Business Days prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f), (i) the Master Servicer shall, no later than 1:00 pm New York City time on such day, deposit funds in the Certificate Account in an amount equal to the sum of the purchase price (other than the Swap Optional Termination Payment) and the Estimated Swap Termination Payment, and (ii) if Trustee is notified in writing that the aggregate Stated Principal Balance of all of the Mortgage Loans in the Trust Fund as of the related Determination Date is not more than 10% of the aggregate Cut-off Date Balance of all of the Mortgage Loans, and the requirements of the Optional Termination set forth in this Section 9.01 and Section 9.03 have been met, including the deposit required pursuant to the immediately preceding clause (i) then the Trustee shall, on the same Business Day, provide written notice to the Depositor, the Master Servicer, the Trustee on behalf of the Supplemental Interest Trust and the Swap Provider confirming (in accordance with the applicable provisions of the Interest Rate Swap Agreement) its receipt of the purchase price (other than the Swap Optional Termination Payment) and the Estimated Swap Termination Payment. Upon the Trustee’s providing the notice described in the preceding sentence, the Optional Termination shall become irrevocable, the notice to the related Certificateholders of such Optional Termination provided pursuant to the second paragraph of Section 9.01(f) shall become unrescindable, the Swap Provider shall determine the Swap Optional Termination Payment in accordance with the Interest Rate Swap Agreement, and the Swap Provider shall provide to the Trustee written notice of the amount of the Swap Optional Termination Payment not later than one Business Day prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f) and in the event the Trustee fails to provide the notice described in the preceding sentence, any notice provided under Section 9.01(f) shall be deemed rescinded.


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(e) In connection with any Optional Termination, only an amount equal to the purchase price less any Swap Optional Termination Payment shall be made available for distribution to the Regular Certificates. Any Estimated Swap Termination Payment deposited into the Distribution Account by the Master Servicer shall be withdrawn by the Trustee from the Distribution Account on the related final Distribution Date (prior to the distribution of any amounts pursuant to Section 9.01(f)) and distributed as follows: (i) to the Supplemental Interest Trust for payment to the Swap Provider in accordance with Section 4.09(ii), as applicable, an amount equal to the Swap Optional Termination Amount calculated pursuant to the Interest Rate Swap Agreement, provided that in no event shall the amount distributed to the Swap Provider in respect of the Swap Optional Termination Amount exceed the Estimated Swap Termination Payment, and (ii) to the Master Servicer an amount equal to the excess, if any, of the Estimated Swap Termination Payment over the Swap Optional Termination Payment. The Swap Optional Termination Payment shall not be part of any REMIC and shall not be paid into any account which is part of any REMIC.

(f) Written notice of any termination, specifying the Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to the Certificateholders and the Swap Provider mailed (a) in the event such notice is given in connection with the Master Servicer's election to repurchase, not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution or (b) otherwise during the month of such final distribution on or before the 15th day of the month (or if such 15th day is not a Business Day, on the Business Day immediately preceding such 15th day) in such month, in each case specifying (i) the Distribution Date upon which final payment of such Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of such Certificates at the office of the Trustee therein specified. In the event such notice is given in connection with the Master Servicer or its designee's election to repurchase, the Master Servicer or its designee shall deliver to the Trustee for deposit in the Certificate Account on the day which is two Business Days immediately preceding the Distribution Date specified in such notice an amount equal to the above-described repurchase price payable out of its own funds. Upon presentation and surrender of the Certificates by the Certificateholders, the Trustee shall first, pay itself its fee for such Distribution Date (as described in Section 8.05 ) and any other amounts owing to the Trustee under this Agreement, and second, distribute to such Certificateholders (i) the amount otherwise distributable on such Distribution Date, if not in connection with the Master Servicer's election to repurchase, or (ii) if the Master Servicer elected to so repurchase, an amount determined as follows: with respect to each Regular Certificate, the outstanding Certificate Principal Balance thereof, plus with respect to each Regular Certificate (other than the Class P Certificates) and the Class IO Interest, one month's interest thereon at the applicable Pass-Through Rate, or otherwise distributable thereto, and any Unpaid Interest Shortfall Amount, plus with respect to each Subordinate Certificate, any unpaid Allocated Realized Loss Amount; with respect to the Class R Certificates, the Percentage Interest evidenced thereby multiplied by the difference, if any, between the above described repurchase price (as adjusted in accordance with the preceding paragraph) and the aggregate amount to be distributed to the Holders of the Regular Certificates and the Class IO Interest, subject to the priorities set forth in Section 4.01. Upon certification to the Trustee by a Servicing Officer, following such final deposit, the Trustee shall promptly release the Mortgage Files as directed by the Master Servicer for the remaining Mortgage Loans, and the Trustee shall execute all assignments, endorsements and other instruments required by the Master Servicer as being necessary to effectuate such transfer.


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In the event that all of the Certificateholders shall not surrender their Certificates for cancellation within six months after the time specified in the above-mentioned notice, the Trustee shall give a second notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within six months after the second notice all of the Certificates shall not have been surrendered for cancellation, the Trustee shall take reasonable steps as directed by the Depositor in writing, or appoint an agent to take reasonable steps, to contact the remaining Certificateholders concerning surrender of their Certificates, and the cost thereof shall be paid out of the funds and other assets which remain subject hereto. If within nine months after the second notice all the Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets which remain subject hereto.

Section 9.02. Termination of REMIC 3 and Retirement of Class R Certificates.

REMIC 3 shall be terminated on the earlier of (i) the date on which the last distribution due on each of the REMIC 3 Regular Interests and Class R Certificates (in respect of the Class R-3 Interest) is made and (ii) the date on which it is terminated pursuant to an optional repurchase of all of the Mortgage Loans in accordance with Section 9.03. Notwithstanding anything to the contrary herein, the Class R Certificates will not be retired until the retirement of all the other Certificates.


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Section 9.03. Additional Termination Requirements.

(a) In the event the Master Servicer repurchases the Mortgage Loans or REO Property as provided in Section 9.01, the Trust Fund shall be terminated in accordance with the following additional requirements, unless the Master Servicer, at its own expense, obtains for the Trustee an Opinion of Counsel (which shall be provided to the Trustee at least two Business Days prior to the related Distribution Date) to the effect that the failure of the Trust Fund to comply with the requirements of this Section 9.03 will not (i) result in the imposition on the Trust of taxes on “prohibited transactions,” as described in Section 860F of the Code, or (ii) cause either REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificate is outstanding:

(i) The Master Servicer shall establish a 90-day liquidation period and notify the Trustee in writing thereof, and the Trustee shall in turn specify the first day of such period in a statement attached to the Tax Return for each of REMIC 1, REMIC 2 and REMIC 3 pursuant to Treasury Regulation Section 1.860F-1. The Master Servicer and the Trustee also shall satisfy all of the requirements of a qualified liquidation for REMIC 1, REMIC 2 and REMIC 3 under Section 860F of the Code and regulations thereunder, as evidenced by an Opinion of Counsel obtained at the expense of the Master Servicer, as applicable;

(ii) During such 90-day liquidation period, and at or prior to the time of making the final payment on the Certificates, the Trustee shall sell all of the assets of REMIC 1 for cash; and

(iii) At the time of the making of the final payment on the Certificates, the Trustee shall distribute or credit, or cause to be distributed or credited, to the Holders of the Class R Certificates, all cash on hand (other than cash retained to meet claims), and REMIC 1 shall terminate at that time.

(b) By their acceptance of the Certificates, the Holders thereof hereby authorize the adoption of a 90-day liquidation period and the adoption of a plan of complete liquidation for the REMICs, which authorization shall be binding upon all successor Certificateholders.

(c) The Trustee as agent for each REMIC hereby agrees to adopt and sign the related plan of complete liquidation meeting the requirements for a qualified liquidation under Section 860F of the Code and any regulations thereunder upon the written request of the Master Servicer and the receipt of the Opinion of Counsel referred to in clause (a)(i) above and to take such other action in connection therewith as may be reasonably requested by the Master Servicer.


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ARTICLE X
REMIC PROVISIONS

Section 10.01. REMIC Administration.

(a) The Trustee shall make an election to treat the Trust Fund as three REMICs under the Code and, if necessary, under applicable state law. Each such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of the REMIC elections in respect of the Trust Fund, (i) the Class R-1 Interest will constitute the sole class of Residual Interests in REMIC 1, the REMIC 1 Regular Interests shall be designated as the Regular Interests in REMIC 1 (ii) the Class R-2 Interest will constitute the sole class of Residual Interests in REMIC 2, the REMIC 2 Regular Interests shall be designated as the Regular Interests in REMIC 2, and (iii) the Class R-3 Interest will constitute the sole class of Residual Interests in REMIC 3, and the REMIC 3 Regular Interests shall be designated as the Regular Interests in REMIC 3. The Master Servicer and the Trustee shall not permit the creation of any “interests” (within the meaning of Section 860G of the Code) in REMIC 1, REMIC 2 or REMIC 3 other than the REMIC 1 Regular Interests, REMIC 2 Regular Interests, REMIC 3 Regular Interests, the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest. The Trustee will apply for an Employee Identification Number from the Internal Revenue Service via Form SS-4 or any other acceptable method for each of REMIC 1, REMIC 2 and REMIC 3.

(b) The Closing Date is hereby designated as the “startup day” of the Trust Fund within the meaning of Section 860G(a)(9) of the Code.

(c) The Trustee shall pay out of its own funds, without any right of reimbursement, any and all expenses relating to any tax audit of the REMICs (including, but not limited to, any professional fees or any administrative or judicial proceedings with respect to the REMICs that involve the Internal Revenue Service or state tax authorities), other than the expense of obtaining any tax-related Opinion of Counsel except as specified herein. The Trustee, as agent for the REMICs' Tax Matters Person, shall (i) act on behalf of the REMICs in relation to any tax matter or controversy involving the Trust Fund and (ii) represent the Trust Fund in any administrative or judicial proceeding relating to an examination or audit by any governmental taxing authority with respect thereto.

(d) The Trustee shall prepare, sign and file all of the Tax Returns (including Form 8811, which must be filed within 30 days of the Closing Date) in respect of the REMICs created hereunder. The expenses of preparing and filing such returns shall be borne by the Trustee without any right of reimbursement therefor. The Master Servicer shall provide on a timely basis to the Trustee or its designee such information with respect to the assets of the REMICs as is in its possession and reasonably required by the Trustee to enable it to perform its obligations under this Article X.


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(e) The Trustee shall perform on behalf of the REMICs all reporting and other tax compliance duties that are the responsibility of the REMICs under the Code, the REMIC Provisions or other compliance guidance issued by the Internal Revenue Service or any state or local taxing authority. Among its other duties, as required by the Code, the REMIC Provisions or other such compliance guidance, the Trustee shall provide (i) to any Transferor of a Class R Certificate such information as is necessary for the application of any tax relating to the transfer of a Class R Certificate to any Person who is not a Permitted Transferee, (ii) to the Certificateholders such information or reports as are required by the Code or the REMIC Provisions including reports relating to interest, original issue discount and market discount or premium (using the Prepayment Assumption as required) and (iii) to the Internal Revenue Service the name, title, address and telephone number of the Person who will serve as the representative of the REMICs. The Master Servicer shall provide on a timely basis to the Trustee such information with respect to the assets of the REMICs, including, without limitation, the Mortgage Loans, as is in its possession and reasonably required by the Trustee to enable it to perform its obligations under this subsection. In addition, the Depositor shall provide or cause to be provided to the Trustee, within ten (10) days after the Closing Date, all information or data that the Trustee reasonably determines to be relevant for tax purposes as to the valuations and issue prices of the Certificates, including, without limitation, the price, yield, Prepayment Assumption and projected cash flow of the Certificates.

(f) The Trustee shall take such action and shall cause the REMICs created hereunder to take such action as shall be necessary to create or maintain the status thereof as REMICs under the REMIC Provisions (and the Master Servicer shall assist it, to the extent reasonably requested by it). The Trustee shall not take any action or cause the Trust Fund to take any action, or fail to take (or fail to cause to be taken), any action that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger the status of the REMIC 1, REMIC 2 or REMIC 3 as REMICs or (ii) result in the imposition of a tax upon the REMICs (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code) (either such event, an “Adverse REMIC Event”) unless the Trustee has received an Opinion of Counsel, addressed to the Trustee (at the expense of the party seeking to take or not take such action, but in no event at the expense of the Trustee) to the effect that the contemplated action or omission will not, with respect to the REMICs created hereunder, endanger such status or result in the imposition of such a tax; nor shall the Master Servicer take, or fail to take, any action (whether or not authorized hereunder) as to which the Trustee has advised it in writing that it has received an Opinion of Counsel to the effect that an Adverse REMIC Event could occur with respect to the taking, or omission of, such action. In addition, prior to taking, or failing to take, any action with respect to the REMICs or the assets of the REMICs, or causing, or failing to cause, the REMICs to take any action, which is not contemplated under the terms of this Agreement, the Master Servicer will consult with the Trustee or its designee, in writing, with respect to whether the taking, or omission of, such action could cause an Adverse REMIC Event to occur with respect to any REMIC, and the Master Servicer shall not take, or fail to take, any such action, or cause, or fail to cause, any REMIC to take, any such action as to which the Trustee has advised it in writing that an Adverse REMIC Event could occur. The Trustee may consult with counsel to provide such written advice, and the cost of same shall be borne by the party seeking to take or not take the action other than as permitted by this Agreement, but in no event shall such cost be an expense of the Trustee. At all times as may be required by the Code, the Trustee will ensure that substantially all of the assets of the REMICs created hereunder will consist of “qualified mortgages” as defined in Section 860G(a)(3) of the Code and “permitted investments” as defined in Section 860G(a)(5) of the Code.


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(g) In the event that any tax is imposed on “prohibited transactions” of any REMIC created hereunder as defined in Section 860F(a)(2) of the Code, on the “net income from foreclosure property” of any REMIC as defined in Section 860G(c) of the Code, on any contributions to any REMIC after the Startup Day therefor pursuant to Section 860G(d) of the Code, or any other tax is imposed by the Code or any applicable provisions of state or local tax laws, such tax shall be charged (i) to the Trustee pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Trustee of any of its obligations under this Article X, (ii) to the Master Servicer pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Master Servicer of any of its obligations under Article III or this Article X or otherwise, (iii) to the Master Servicer as provided in Section 3.05 and (iv) against amounts on deposit in the Certificate Account and shall be paid by withdrawal therefrom to the extent not required to be paid by the Master Servicer or the Trustee pursuant to another provision of this Agreement.

(h) On or before April 15 of each calendar year, commencing April 15, 2008, the Trustee shall deliver to the Master Servicer and the Rating Agency a Certificate from a Responsible Officer of the Trustee stating the Trustee’s compliance with this Article X.

(i) The Trustee shall, for federal income tax purposes, maintain books and records with respect to the REMICs on a calendar year and on an accrual basis.

(j) Following the Startup Day, the Trustee shall not accept any contributions of assets to the REMICs other than in connection with any Qualified Substitute Mortgage Loan delivered in accordance with Section 2.04 unless it shall have received an Opinion of Counsel to the effect that the inclusion of such assets in the REMICs will not cause REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as REMICs at any time that any Certificates are outstanding or subject any of REMIC 1, REMIC 2 or REMIC 3 to any tax under the REMIC Provisions or other applicable provisions of federal, state and local law or ordinances.

(k) Neither the Trustee nor the Master Servicer shall enter into any arrangement under which the REMICs will receive a fee or other compensation for services nor permit the REMICs to receive any income from assets other than “qualified mortgages” as defined in Section 860G(a)(3) of the Code or “permitted investments” as defined in Section 860G(a)(5) of the Code.


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Section 10.02. Prohibited Transactions and Activities.

None of the Depositor, the Master Servicer or the Trustee shall (except as otherwise expressly permitted under the terms of this Agreement) (1) sell, dispose of, or substitute any property for any of, the Mortgage Loans (except in connection with (i) the foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of the Trust Fund, (iii) the termination of REMIC 1, REMIC 2 or REMIC 3 pursuant to Article IX of this Agreement, (iv) a substitution pursuant to Article II of this Agreement or (v) a purchase of defective or defaulted Mortgage Loans pursuant to Article II or III of this Agreement), (2) acquire any assets for the Trust Fund (other than REO Property acquired in respect of a defaulted Mortgage Loan), (3) sell or dispose of any investments in the Custodial Account or the Certificate Account for gain, (4) accept any contributions to the REMICs after the Closing Date (other than a Qualified Substitute Mortgage Loan delivered in accordance with Section 2.04), in each case, unless it has received an Opinion of Counsel, addressed to the Trustee (at the expense of the party seeking to cause such sale, disposition, substitution, acquisition or contribution, but in no event at the expense of the Trustee) that such sale, disposition, substitution, acquisition or contribution will not (a) affect adversely the status of REMIC 1, REMIC 2 or REMIC 3 as REMICs or (b) cause the Trust Fund to be subject to a tax on “prohibited transactions” or “contributions” pursuant to the REMIC Provisions.

Section 10.03. Master Servicer and Trustee Indemnification.

(a) The Trustee agrees to indemnify the Trust Fund, the Depositor, and the Master Servicer for any taxes and costs including, without limitation, any reasonable attorneys' fees imposed on or incurred by the Trust Fund, the Depositor or the Master Servicer, as a result of a breach of the Trustee’s covenants set forth in this Article X.

(b) The Master Servicer agrees to indemnify the Trust Fund, the Depositor and the Trustee for any taxes and costs including, without limitation, any reasonable attorneys' fees imposed on or incurred by the Trust Fund, the Depositor or the Trustee, as a result of a breach of the Master Servicer's covenants set forth in Article III or this Article X, in each case with respect to compliance with the REMIC Provisions.


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ARTICLE XI
MISCELLANEOUS PROVISIONS

Section 11.01. Amendment.

This Agreement may be amended from time to time by the Depositor, the Master Servicer and the Trustee and without the consent of any of the Certificateholders or the Swap Provider, (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein which may be defective or inconsistent with any other provisions herein or to correct any error, (iii) to amend this Agreement in any respect subject to the provisions in clauses (A) and (B) below, or (iv) if such amendment, as evidenced by an Opinion of Counsel (provided by the Person requesting such amendment) delivered to the Trustee, is reasonably necessary to comply with any requirements imposed by the Code or any successor or amendatory statute or any temporary or final regulation, revenue ruling, revenue procedure or other written official announcement or interpretation relating to federal income tax laws or any proposed such action which, if made effective, would apply retroactively to the Trust Fund at least from the effective date of such amendment; provided that such action (except any amendment described in (iv) above) shall not adversely affect in any material respect the interests of any Certificateholder (other than Certificateholders who shall consent to such amendment) and the Swap Provider, as evidenced by (A) an Opinion of Counsel (provided by the Person requesting such amendment) delivered to the Trustee and the Swap Provider and (B) a letter from each Rating Agency, confirming that such amendment shall not cause it to lower its rating on any of the Certificates. Any such amendment to the Agreement shall not be effective unless the Master Servicer has delivered to the Trustee an Officer's Certificate stating that the Master Servicer, after consultation with its accountants, does not believe that the amendment will result in the Trust failing to qualify as a "qualifying special-purpose entity" as defined in Statement of Financial Accounting Standards Number 140.

This Agreement may also be amended from time to time by the Depositor, the Master Servicer and the Trustee and Holders of Certificates entitled to at least 66-2/3% of the Voting Rights for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Holders of Certificates; provided, however, that no such amendment shall (i) reduce in any manner the amount of, or delay the timing of, payments received on Mortgage Loans which are required to be distributed on any Certificate without the consent of the Holder of such Certificate, (ii) adversely affect in any material respect the interests of the Holders of any Class of Certificates in a manner other than as described in (i), without the consent of the Holders of Certificates of such Class evidencing at least 66-2/3% of the Voting Rights of such Class, or (iii) reduce the aforesaid percentage of Certificates the Holders of which are required to consent to any such amendment, without the consent of the Holders of all Certificates then outstanding. Notwithstanding any other provision of this Agreement, for purposes of the giving or withholding of consents pursuant to this Section 11.01, Certificates registered in the name of the Sponsor or the Master Servicer or any affiliate thereof shall be entitled to Voting Rights with respect to matters described in (i), (ii) and (iii) of this paragraph.


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Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel (provided by the Person requesting such amendment) to the effect that such amendment will not result in the imposition of any tax on any of REMIC 1, REMIC 2 or REMIC 3 pursuant to the REMIC Provisions or cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificates are outstanding.

Notwithstanding any of the other provisions of this Section 11.01, none of the Depositor, the Master Servicer or the Trustee shall (i) enter into any amendment to Section 4.09, Section 4.01(e)(v) or Section 9.01 of this Agreement without the prior written consent of the Swap Provider nor (ii) enter into an amendment of this Agreement, as evidenced by an Officer's Certificate of the Depositor, that could reasonably be expected to have a material adverse effect on the interests of the Swap Provider without the Swap Provider’s consent (such consent shall not be unreasonably withheld, conditioned or delayed).

Promptly after the execution of any such amendment the Trustee shall furnish a copy of such amendment or a written statement describing the amendment to each Certificateholder, with a copy to the Rating Agencies and the Swap Provider.

It shall not be necessary for the consent of Certificateholders under this Section 11.01 to approve the particular form of any proposed amendment, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trustee may prescribe.

Prior to executing any amendment pursuant to this Section, the Trustee shall be entitled to receive an Opinion of Counsel (provided by the Person requesting such amendment) to the effect that such amendment is authorized or permitted by this Agreement. The cost of any Opinion of Counsel delivered pursuant to this Section 11.01 shall be an expense of the party requesting such amendment, but in any case shall not be an expense of the Trustee.

The Trustee may, but shall not be obligated to, enter into any amendment pursuant to this Section that affects its rights, duties and immunities under this Agreement or otherwise.

Section 11.02. Recordation of Agreement; Counterparts.

To the extent permitted by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the expense of the Certificateholders, but only upon direction of the Depositor accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders.


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For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument.

Section 11.03. Limitation on Rights of Certificateholders.

The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

No Certificateholder shall have any right to vote (except as expressly provided for herein) or in any manner otherwise control the operation and management of the Trust Fund, or the obligations of the parties hereto, nor shall anything herein set forth, or contained in the terms of the Certificates, be construed so as to constitute the Certificateholders from time to time as partners or members of an association; nor shall any Certificateholder be under any liability to any third party by reason of any action taken by the parties to this Agreement pursuant to any provision hereof.

No Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Agreement, unless such Holder previously shall have given to the Trustee a notice of an Event of Default, or of a default by the Sponsor or the Trustee in the performance of any obligation hereunder, and of the continuance thereof, as hereinbefore provided, and unless also the Holders of Certificates entitled to at least 51% of the Voting Rights shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding. It is understood and intended, and expressly covenanted by each Certificateholder with every other Certificateholder, the Trustee, that no one or more Holders of Certificates shall have any right in any manner whatever by virtue of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Agreement, except in the manner herein provided and for the equal, ratable and common benefit of all Certificateholders. For the protection and enforcement of the provisions of this Section, each and every Certificateholder and the Trustee shall be entitled to such relief as can be given either at law or in equity.


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Section 11.04. Governing Law.

This Agreement and the Certificates shall be construed in accordance with the laws of the State of New York and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.

Section 11.05. Notices.

All demands, notices and direction hereunder shall be in writing and shall be deemed effective upon receipt when delivered to (a) in the case of the Depositor, 19500 Jamboree Road, Irvine, California 92612, Attention: General Counsel, or such other address as may hereafter be furnished to the other parties hereto in writing; (b) in the case of Impac Funding, 19500 Jamboree Road, Irvine, California 92612, Attention: General Counsel, or such other address as may hereafter be furnished to the other parties hereto in writing; (c) in the case of the Trustee, to its Corporate Trust Offices, or such other address as may hereafter be furnished to the other parties hereto in writing; (d) in the case of the Rating Agencies, Standard & Poor’s, 55 Water Street, 41st Floor, New York, New York 10041, Attention: Asset Backed Surveillance Department; and Moody’s, Moody’s Investors Service, Inc., Residential Mortgage Monitoring Department, 99 Church Street, New York, New York 10007; and (e) in the case of the Bear Stearns Financial Products Inc., 383 Madison Avenue, 36th Floor, New York, New York 10179, Attention: DPC Manager. Any notice required or permitted to be mailed to a Certificateholder shall be given by first class mail, postage prepaid, at the address of such Holder as shown in the Certificate Register. Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have been duly given, whether or not the Certificateholder receives such notice.

Section 11.06. Severability of Provisions.

If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.

Section 11.07. Successors and Assigns.

The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto, and all such provisions shall inure to the benefit of the Trustee and the Certificateholders.

Section 11.08. Article and Section Headings.

The article and Section headings herein are for convenience of reference only, and shall not limit or otherwise affect the meaning hereof.


162


Section 11.09. Notice to Rating Agencies.

The Trustee shall use its best efforts to promptly provide notice to each Rating Agency referred to below with respect to each of the following of which it has actual knowledge:

1. Any material change or amendment to this Agreement;

2. The occurrence of any Event of Default that has not been cured;

3. The resignation or termination of the Master Servicer or the Trustee;

4. The repurchase or substitution of Mortgage Loans pursuant to Section 2.04;

5. The final payment to Certificateholders; and

6. Any change in the location of the Custodial Account or the Certificate Account.

In addition, the Trustee shall promptly furnish to each Rating Agency copies of each report to Certificateholders described in Section 4.02; and the Master Servicer shall promptly furnish to each Rating Agency copies of each annual independent public accountants’ servicing report received as described in Section 3.20.

Any such notice pursuant to this Section 11.09 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) in the case of Standard & Poor's, 55 Water Street, 41st Floor, New York, New York 10041, Attention: Asset Backed Surveillance Department and (ii) in the case of Moody's, Residential Mortgage Monitoring Department, 99 Church Street, New York, New York 10007, or, in each case, such other address as either such Rating Agency may designate in writing to the parties thereto.

Section 11.10. Third Party Rights.

The Swap Provider and the Cap Counterparty shall be express third-party beneficiaries of this Agreement to the extent of their express rights to receive payments under this Agreement or any other express rights of the Swap Provider and the Cap Counterparty explicitly stated in this Agreement, and shall have the right to enforce such rights under this Agreement as if the Swap Provider and the Cap Counterparty were parties hereto.


163


IN WITNESS WHEREOF, the Depositor, the Master Servicer and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized all as of the day and year first above written.
 
IMPAC SECURED ASSETS CORP.,
Depositor
By:  ____________________________________
Name:     Gretchen Verdugo
Title:  EVP, CFO
 
IMPAC FUNDING CORPORATION,
Master Servicer
 
By:  _____________________________________
Name:  Nancy Pollard
Title: EVP
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
Trustee
 
By:  _____________________________________
Name: Marion Hogan
Title: Associate
 
By:  _____________________________________
Name: Barbara Campbell
Title: Vice President
 



Agreed and accepted to with respect to
its obligations under Section 9.01(a)

IMPAC MORTGAGE HOLDINGS, INC.
(solely with respect to its obligations under
Section 9.01(a))

By: ____________________________
Name: Gretchen Verdugo
Title: EVP, CFO




STATE OF CALIFORNIA
)
 
) ss.:
COUNTY OF ORANGE
)
 
On the 22nd day of February, 2007, before me, a notary public in and for said State, personally appeared Gretchen Verdugo, known to me to be the Chief Financial Officer of Impac Secured Assets Corp., one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
_______________________
    Notary Public
 
[Notarial Seal]
 




STATE OF CALIFORNIA
)
 
) ss.:
COUNTY OF ORANGE
)
 
On the 22nd day of February, 2007, before me, a notary public in and for said State, personally appeared Nancy Pollard, known to me to be an Executive Vice President of Impac Funding Corporation, one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
/s/ Matt Parsons        
   Notary Public
 
[Notarial Seal]
 




STATE OF CALIFORNIA
)
 
) ss.:
COUNTY OF ORANGE
)
 
On the 22nd day of February, 2007, before me, a notary public in and for said State, personally appeared Marion Hogan, known to me to be an Associate of Deutsche Bank National Trust Company, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such corporation executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
/s/ Diana Nguyen            
   Notary Public
 
[Notarial Seal]




STATE OF CALIFORNIA
)
 
) ss.:
COUNTY OF ORANGE
)
 
On the 22nd day of February, 2007, before me, a notary public in and for said State, personally appeared Barbara Campbell, known to me to be a Vice President of Deutsche Bank National Trust Company, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such corporation executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
/s/ Diana Nguyen            
   Notary Public
 
[Notarial Seal]


STATE OF CALIFORNIA
)
 
) ss.:
COUNTY OF ORANGE
)
 
On the 22nd day of February, 2007, before me, a notary public in and for said State, personally appeared Gretchen Verdugo, known to me to be the Executive Vice President and Chief Financial Officer of Impac Mortgage Holdings, Inc., one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
________________________
   Notary Public
 
[Notarial Seal]
 



EXHIBIT A
 
FORM OF CLASS A CERTIFICATE
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE SHALL INITIALLY BE ISSUED AS ONE OR MORE CERTIFICATES REGISTERED IN THE NAME OF THE DEPOSITORY OR ITS NOMINEE AND, EXCEPT AS PROVIDED BELOW, REGISTRATION OF SUCH CERTIFICATES MAY NOT BE TRANSFERRED BY THE TRUSTEE EXCEPT TO ANOTHER DEPOSITORY THAT AGREES TO HOLD SUCH CERTIFICATES FOR THE RESPECTIVE CERTIFICATE OWNERS WITH OWNERSHIP INTERESTS THEREIN. THE CERTIFICATE OWNERS SHALL HOLD THEIR RESPECTIVE OWNERSHIP INTERESTS IN AND TO EACH OF SUCH BOOK-ENTRY CERTIFICATES THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY AND, EXCEPT AS PROVIDED BELOW, SHALL NOT BE ENTITLED TO DEFINITIVE CERTIFICATES IN RESPECT OF SUCH OWNERSHIP INTERESTS. ALL TRANSFERS BY CERTIFICATE OWNERS OF THEIR RESPECTIVE OWNERSHIP IN THE BOOK-ENTRY CERTIFICATES SHALL BE MADE IN ACCORDANCE WITH THE PROCEDURES ESTABLISHED BY THE DEPOSITORY PARTICIPANT OR BROKERAGE FIRM REPRESENTING SUCH CERTIFICATE OWNER. EACH DEPOSITORY PARTICIPANT SHALL TRANSFER THE OWNERSHIP INTERESTS ONLY IN THE BOOK-ENTRY CERTIFICATES OF CERTIFICATE OWNERS IT REPRESENTS OR OF BROKERAGE FIRMS FOR WHICH IT ACTS AS AGENT IN ACCORDANCE WITH THE DEPOSITORY'S NORMAL PROCEDURES. THE TRUSTEE SHALL NOT BE REQUIRED TO MONITOR, DETERMINE OR INQUIRE AS TO COMPLIANCE WITH THE TRANSFER RESTRICTIONS WITH RESPECT TO THE BOOK-ENTRY CERTIFICATES, AND THE TRUSTEE SHALL HAVE NO LIABILITY FOR TRANSFERS OF OWNERSHIP INTERESTS IN THE BOOK-ENTRY CERTIFICATES MADE THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY OR BETWEEN OR AMONG DEPOSITORY PARTICIPANTS OR CERTIFICATE OWNERS, MADE IN VIOLATION OF THE APPLICABLE RESTRICTIONS.
 
PRIOR TO THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(c) OF THE AGREEMENT (AS DEFINED BELOW).
 

A-1


Certificate No. 1
Adjustable Rate
   
Class A-[1][2][3][M] Senior
 
   
Date of Pooling and Servicing Agreement and Cut-off Date: February 1, 2007
Percentage Interest: 100%
   
First Distribution Date:
March 26, 2007
Aggregate Initial Certificate Principal Balance of the Class A-[1][2][3][M] Certificates: $[_____________]
   
Master Servicer:
Impac Funding Corporation
Initial Certificate Principal Balance of this Certificate: $[____________]
   
Assumed Final
Distribution Date: March 25, 2037
CUSIP: [_________]

MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 2007-1
 
evidencing a percentage interest in the distributions allocable to the Class A-[1][2][3][M] Certificates with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed-rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.
 
This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class A Certificates, both as specified above) in certain distributions with respect to the Trust Fund consisting primarily of an interest in a pool of one- to four-family adjustable-rate first lien and fixed-rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
A-2

 
Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered on the Business Day immediately preceding such Distribution Date (the “Record Date”), from the Available Funds in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount of interest and principal, if any, required to be distributed to Holders of Class A-[1][2][3][M] Certificates on such Distribution Date.
 
Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.
 
Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of distributions allocable to principal.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
A-3

 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
 
Prior to the termination of the Supplemental Interest Trust, any transferee shall be deemed to have made the representations in Section 5.02(c) of the Agreement.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
A-4

 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 

A-5


IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
     
Dated: February 22, 2007 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 
 
 
 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class A-[1][2][3][M] Certificates referred to in the within-mentioned Agreement.
 
     
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 

A-6


ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _____________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:                                                                                                                                                                                                                                                                                         
 
Dated:
                                                                                      
      Signature by or on behalf of assignor
 
                                                                                    
               Signature Guaranteed

A-7


DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to                                                                                     for the account of                                          account number                      ,or, if mailed by check, to                                                     Applicable statements should be mailed to                                                                                    . 
 
This information is provided by                                 , the assignee named above, or                           , as its agent.
 

 

A-8



EXHIBIT B-1
 
FORM OF CLASS M CERTIFICATE
 
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES [,] [AND] [THE CLASS M-1 CERTIFICATES] [,] [AND] [THE CLASS M-2 CERTIFICATES] [,] [AND] [THE CLASS M-3 CERTIFICATES] [,] [AND] [THE CLASS M-4 CERTIFICATES] [,] [AND] [THE CLASS M-5 CERTIFICATES] [,] [AND] [THE CLASS M-6 CERTIFICATES] [,] [AND] [THE CLASS M-7 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED BELOW).
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE SHALL INITIALLY BE ISSUED AS ONE OR MORE CERTIFICATES REGISTERED IN THE NAME OF THE DEPOSITORY OR ITS NOMINEE AND, EXCEPT AS PROVIDED BELOW, REGISTRATION OF SUCH CERTIFICATES MAY NOT BE TRANSFERRED BY THE TRUSTEE EXCEPT TO ANOTHER DEPOSITORY THAT AGREES TO HOLD SUCH CERTIFICATES FOR THE RESPECTIVE CERTIFICATE OWNERS WITH OWNERSHIP INTERESTS THEREIN. THE CERTIFICATE OWNERS SHALL HOLD THEIR RESPECTIVE OWNERSHIP INTERESTS IN AND TO EACH OF SUCH BOOK-ENTRY CERTIFICATES THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY AND, EXCEPT AS PROVIDED BELOW, SHALL NOT BE ENTITLED TO DEFINITIVE CERTIFICATES IN RESPECT OF SUCH OWNERSHIP INTERESTS. ALL TRANSFERS BY CERTIFICATE OWNERS OF THEIR RESPECTIVE OWNERSHIP IN THE BOOK-ENTRY CERTIFICATES SHALL BE MADE IN ACCORDANCE WITH THE PROCEDURES ESTABLISHED BY THE DEPOSITORY PARTICIPANT OR BROKERAGE FIRM REPRESENTING SUCH CERTIFICATE OWNER. EACH DEPOSITORY PARTICIPANT SHALL TRANSFER THE OWNERSHIP INTERESTS ONLY IN THE BOOK-ENTRY CERTIFICATES OF CERTIFICATE OWNERS IT REPRESENTS OR OF BROKERAGE FIRMS FOR WHICH IT ACTS AS AGENT IN ACCORDANCE WITH THE DEPOSITORY'S NORMAL PROCEDURES. THE TRUSTEE SHALL NOT BE REQUIRED TO MONITOR, DETERMINE OR INQUIRE AS TO COMPLIANCE WITH THE TRANSFER RESTRICTIONS WITH RESPECT TO THE BOOK-ENTRY CERTIFICATES, AND THE TRUSTEE SHALL HAVE NO LIABILITY FOR TRANSFERS OF OWNERSHIP INTERESTS IN THE BOOK-ENTRY CERTIFICATES MADE THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY OR BETWEEN OR AMONG DEPOSITORY PARTICIPANTS OR CERTIFICATE OWNERS, MADE IN VIOLATION OF THE APPLICABLE RESTRICTIONS.
B-1-1

 
ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(c) OF THE AGREEMENT.
 

B-1-2



 
Certificate No. 1
Adjustable Rate
   
Class M-[1][2][3][4][5][6]
Aggregate Initial Certificate
[7][8]
Principal Balance of the Class M-
 
[1][2][3][4][5][6][7][8] Certificates:
 
$[__________]
Date of Pooling and Servicing
Initial Certificate Principal Balance
Agreement and Cut-off Date:
of this Certificate:
February 1, 2007
$[__________]
   
First Distribution Date:
CUSIP: [__________]
March 26, 2007
 

Master Servicer:
Impac Funding Corporation
 
Assumed Final Distribution Date:
March 25, 2037
 
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 2007-1
 
evidencing a percentage interest in any distributions allocable to the Class M-[1][2][3][4][5][6][7][8] Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.
 
This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class M Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
B-1-3

 
Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered on the Business Day immediately preceding such Distribution Date (the “Record Date”), from the Available Funds in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount of interest and principal, if any, required to be distributed to Holders of Class M-[1][2][3][4][5][6][7][8] Certificates on such Distribution Date.
 
Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.
 
Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of the distributions allocable to principal and any Realized Losses allocable hereto.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
B-1-4

 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
 
Any transferee shall be deemed to have made the representations set forth in Section 5.02(c) of the Agreement.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
B-1-5

 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 

B-1-6


IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
     
Dated: February 22, 2007 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 
 
 
 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class M-[1][2][3][4][5][6][7][8] Certificates referred to in the within-mentioned Agreement.
 
     
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 
 

B-1-7


ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _____________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:                                                                                                                                                     & #160 ;                                                                                                                                                      
 
 
Dated:
                                                                                      
Signature by or on behalf of assignor
 
                                                                                   
Signature Guaranteed


B-1-8


DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to                                                                                     for the account of                                          account number                      ,or, if mailed by check, to                                                     Applicable statements should be mailed to                                                                                    . 
 
This information is provided by                                 , the assignee named above, or                           , as its agent.
 

 

B-1-9



EXHIBIT B-2
 
FORM OF CLASS B CERTIFICATE
 
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES AND THE CLASS M CERTIFICATES AS DESCRIBED IN THE AGREEMENT (AS DEFINED BELOW).
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE SHALL INITIALLY BE ISSUED AS ONE OR MORE CERTIFICATES REGISTERED IN THE NAME OF THE DEPOSITORY OR ITS NOMINEE AND, EXCEPT AS PROVIDED BELOW, REGISTRATION OF SUCH CERTIFICATES MAY NOT BE TRANSFERRED BY THE TRUSTEE EXCEPT TO ANOTHER DEPOSITORY THAT AGREES TO HOLD SUCH CERTIFICATES FOR THE RESPECTIVE CERTIFICATE OWNERS WITH OWNERSHIP INTERESTS THEREIN. THE CERTIFICATE OWNERS SHALL HOLD THEIR RESPECTIVE OWNERSHIP INTERESTS IN AND TO EACH OF SUCH BOOK-ENTRY CERTIFICATES THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY AND, EXCEPT AS PROVIDED BELOW, SHALL NOT BE ENTITLED TO DEFINITIVE CERTIFICATES IN RESPECT OF SUCH OWNERSHIP INTERESTS. ALL TRANSFERS BY CERTIFICATE OWNERS OF THEIR RESPECTIVE OWNERSHIP IN THE BOOK-ENTRY CERTIFICATES SHALL BE MADE IN ACCORDANCE WITH THE PROCEDURES ESTABLISHED BY THE DEPOSITORY PARTICIPANT OR BROKERAGE FIRM REPRESENTING SUCH CERTIFICATE OWNER. EACH DEPOSITORY PARTICIPANT SHALL TRANSFER THE OWNERSHIP INTERESTS ONLY IN THE BOOK-ENTRY CERTIFICATES OF CERTIFICATE OWNERS IT REPRESENTS OR OF BROKERAGE FIRMS FOR WHICH IT ACTS AS AGENT IN ACCORDANCE WITH THE DEPOSITORY'S NORMAL PROCEDURES. THE TRUSTEE SHALL NOT BE REQUIRED TO MONITOR, DETERMINE OR INQUIRE AS TO COMPLIANCE WITH THE TRANSFER RESTRICTIONS WITH RESPECT TO THE BOOK-ENTRY CERTIFICATES, AND THE TRUSTEE SHALL HAVE NO LIABILITY FOR TRANSFERS OF OWNERSHIP INTERESTS IN THE BOOK-ENTRY CERTIFICATES MADE THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY OR BETWEEN OR AMONG DEPOSITORY PARTICIPANTS OR CERTIFICATE OWNERS, MADE IN VIOLATION OF THE APPLICABLE RESTRICTIONS.
 
ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(c) OF THE AGREEMENT.
 

B-2-1



 
Certificate No. 1
Variable Pass-Through Rate
   
Class B
Aggregate Initial Certificate Principal
 
Balance of the Class B Certificates:
 
$[__________]
   
Date of Pooling and Servicing
Initial Certificate Principal Balance
Agreement and Cut-off Date:
of this Certificate:
February 1, 2007
$[__________]
   
First Distribution Date:
CUSIP: [__________]
March 26, 2007
 

Master Servicer:
Impac Funding Corporation
 
Assumed Final Distribution Date:
March 25, 2037
 
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 2007-1
 
evidencing a percentage interest in any distributions allocable to the Class B Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.
 
This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class B Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
B-2-2

 
Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered on the Business Day immediately preceding such Distribution Date (the “Record Date”), from the Available Funds in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount of interest and principal, if any, required to be distributed to Holders of Class B Certificates on such Distribution Date.
 
Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.
 
Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of the distributions allocable to principal and any Realized Losses allocable hereto.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
B-2-3

 
Any transferee shall be deemed to have made the representations set forth in Section 5.02(c) of the Agreement.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
B-2-4

 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 

B-2-5


IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
     
Dated: February 22, 2007 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 
 
 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class B Certificates referred to in the within-mentioned Agreement.
 
     
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
 
 
 
  By:    
 
Authorized Signatory
 
 
B-2-6


ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _____________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:                                                                                                                                                                                                                                                                                                  &am p;am p;am p;am p;#1 60;         
 
 
Dated:
                                                                                      
Signature by or on behalf of assignor
 
                                                                                   
Signature Guaranteed


B-2-7


DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to                                                                                     for the account of                                          account number                      ,or, if mailed by check, to                                                     Applicable statements should be mailed to                                                                                    . 
 
This information is provided by                                 , the assignee named above, or                           , as its agent.
 

 


B-2-8



EXHIBIT B-3
 
FORM OF CLASS C CERTIFICATES
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR SECTION 4975 OF THE CODE SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
B-3-1

 
NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE PROPOSED TRANSFEREE OF SUCH CERTIFICATE (1) PROVIDES TO THE TRUSTEE THE APPROPRIATE TAX CERTIFICATION FORMS THAT WOULD ELIMINATE ANY WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE BY THE SWAP PROVIDER, PURSUANT TO THE INTEREST RATE SWAP AGREEMENT, AND BY THE CAP COUNTERPARY, PURSUANT TO THE CAP CONTRACTS, TO THE SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM W-9 OR IRS FORM W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR FORM THERETO), TOGETHER WITH ANY APPLICABLE ATTACHMENTS) AND (2) AGREES TO UPDATE SUCH FORMS (A) UPON EXPIRATION OF ANY SUCH FORM, (B) AS REQUIRED UNDER THEN APPLICABLE U.S. TREASURY REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT SUCH FORMS HAVE BECOME OBSOLETE OR INCORRECT, EACH AS A CONDITION TO SUCH TRANSFER. IN ADDITION, NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE IF SUCH TRANSFER WOULD CAUSE THE SUPPLEMENTAL INTEREST TRUST TO BE BENEFICIALLY OWNED BY TWO OR MORE PERSONS FOR FEDERAL INCOME TAX PURPOSES, OR CONTINUE TO BE SO TREATED, UNLESS (I) EACH PROPOSED TRANSFEREE OF SUCH CERTIFICATE COMPLIES WITH THE FOREGOING CONDITIONS, AND (II) THE PROPOSED MAJORITY HOLDER OF THE CLASS C CERTIFICATES (OR EACH HOLDER, IF THERE IS OR WOULD BE NO MAJORITY HOLDER) (X) PROVIDES, OR CAUSES TO BE PROVIDED, ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST, IF APPLICABLE, TO THE TRUSTEE, THE APPROPRIATE TAX CERTIFICATION FORM THAT WOULD BE REQUIRED FROM THE SUPPLEMENTAL INTEREST TRUST TO ELIMINATE ANY WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE BY THE SWAP PROVIDER, PURSUANT TO THE INTEREST RATE SWAP AGREEMENT, AND BY THE CAP COUNTERPARY, PURSUANT TO THE CAP CONTRACTS, TO THE SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM W-9 OR IRS FORM W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR FORM THERETO), TOGETHER WITH ANY APPLICABLE ATTACHMENTS) AND (Y) AGREES TO UPDATE SUCH FORM (A) UPON EXPIRATION OF SUCH FORM, (B) AS REQUIRED UNDER THEM APPLICABLE U.S. TREASURY REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT SUCH FORM HAS BECOME OBSOLETE OR INCORRECT. UNDER THE AGREEMENT, UPON RECEIPT OF ANY TAX CERTIFICATION FORM PURSUANT TO THESE TRANSFER RESTRICTIONS FROM A PROPOSED HOLDER OF THIS CERTIFICATE, THE TRUSTEE, AS THE SUPPLEMENTAL INTEREST TRUST TRUSTEE, SHALL FORWARD SUCH TAX CERTIFICATION FORM PROVIDED TO IT TO THE SWAP PROVIDER AND CAP COUNTERPARTY. EACH HOLDER OF THIS CERTIFICATE AND EACH TRANSFEREE THEREOF SHALL BE DEEMED TO HAVE CONSENTED TO THE TRUSTEE, AS THE SUPPLEMENTAL INTEREST TRUST TRUSTEE, FORWARDING TO THE SWAP PROVIDER AND CAP COUNTERPARTY ANY TAX CERTIFICATION FORM IT HAS PROVIDED AND UPDATED IN ACCORDANCE WITH THESE TRANSFER RESTRICTIONS. ANY PURPORTED SALES OR TRANSFERS OF THIS CERTIFICATE TO A TRANSFEREE WHICH DOES NOT COMPLY WITH THESE REQUIREMENTS SHALL BE DEEMED NULL AND VOID UNDER THE AGREEMENT.

B-3-2



Certificate No. 1
 
   
Class C
Aggregate Initial Notional Amount of the Class C Certificates:
$_____________]
   
Date of Pooling and Servicing
Agreement and Cut-off Date:
February 1, 2007
Initial Notional Amount of this Certificate:
$[_____________]
   
First Distribution Date:
March 26, 2007
Initial Certificate Principal Balance
of this Certificate $[_________]
   
Master Servicer:
Impac Funding Corporation
Percentage Interest of this
 
Certificate: 100%
   
Assumed Final Distribution Date:
March 25, 2037
CUSIP: [_________]
 
MORTGAGE PASS-THROUGH CERTIFICATE
 
SERIES 2007-1
 
evidencing percentage interest in the distributions allocable to the Class C Certificates with respect to a Trust Fund consisting primarily of a pool of one- to four- family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other or obligation secured by or payable from payments on the Certificates.
 
This certifies that [___________________] is the registered owner of the Percentage Interest evidenced by this Class C Certificate (obtained by dividing the Original Class C Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Impac Secured Assets Corp. (the “Company”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the Company, Impac Funding Corporation, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class C Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class C Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
B-3-3

 
Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the “Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last Business Day of the month immediately preceding the month of such Distribution Date (the “Record Date”), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest, if any) required to be distributed to Holders of Class C Certificates on such Distribution Date.
 
Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.
 
Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
B-3-4

 
No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(c) of the Agreement.
 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
B-3-5

 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 

B-3-6


IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
Dated: February 22, 2007
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
By:______________________________
               Authorized Signatory


 
 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class C Certificates referred to in the within-mentioned Agreement.
 
 
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
By:______________________________
               Authorized Signatory



B-3-7


ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _____________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:
 
 


Dated:
 
 
Signature by or on behalf of assignor
   
   
 
Signature Guaranteed


B-3-8


DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ________________________________________________for the account of ______________ account number ___________, or, if mailed by check, to________________ _____ Applicable statements should be mailed to ______________________________________ ______________________________________________________________________________ _________.
 
This information is provided by __________________, the assignee named above, or ____________________, as its agent.
 

 

 

B-3-9



EXHIBIT B-4
 
FORM OF CLASS P CERTIFICATE
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).
 
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR SECTION 4975 OF THE CODE SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 

B-4-1



Certificate No. 1
 
   
Class P
Aggregate Initial Certificate Principal
Balance of the Class P Certificates:
$100.00
   
Date of Pooling and Servicing
Agreement and Cut-off Date:
February 1, 2007
Initial Certificate Principal Balance
of this Certificate Denomination:
$100.00
   
First Distribution Date
March 26, 2007
Percentage Interest of this Certificate:
100%
   
Master Servicer
Impac Funding Corporation
CUSIP: [_________]
   
Assumed Final Distribution Date:
March 25, 2037
 
 
MORTGAGE PASS-THROUGH CERTIFICATE
 
SERIES 2007-1
 
evidencing a percentage interest in any distributions allocable to the Class P Certificates with respect to the Trust Fund consisting primarily of a pool of one-to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.
B-4-2

 
This certifies that Deutsche Bank National Trust Company on behalf of the Impac NIM Trust 2007-1 Noteholders is the registered owner of the Percentage Interest evidenced by this Class P Certificate (obtained by dividing the Denomination of this Class P Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement; to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the “Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last Business Day of the month immediately preceding the month of such Distribution Date (the “Record Date”), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of Prepayment Charges and principal, if any) required to be distributed to Holders of Class P Certificates on such Distribution Date.
 
Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.
 
Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of the distributions allocable to principal allocable hereto.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
B-4-3

 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
 
No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder's prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(c) of the Agreement.
 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
B-4-4

 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 

B-4-5



IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
Dated: February 22, 2007
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
By:______________________________
           Authorized Signatory


 

 

 

 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class P Certificates referred to in the within-mentioned Agreement.
 
 
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
 
By:______________________________
   Authorized Signatory

 
 

B-4-6



ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 

 

 
(Please print or typewrite name and address including postal zip code of assignee)
 
the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.
 
I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:
 

 

 
 
 
 
Dated:
                                                                                      
Signature by or on behalf of assignor
 
                                                                                   
Signature Guaranteed
 

B-4-7



 
DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ________________________________________________for the account of ______________ account number ___________, or, if mailed by check, to________________ _____ Applicable statements should be mailed to ______________________________________ ______________________________________________________________________________ _________.
 
This information is provided by __________________, the assignee named above, or ____________________, as its agent.
 

 

B-4-8



EXHIBIT B-5
 
FORM OF CLASS R CERTIFICATE
 
THIS CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON OR A DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(c) OF THE AGREEMENT (AS DEFINED BELOW) OR AN OPINION OF COUNSEL AS PROVIDED IN SECTION 5.02(c) THAT THE PURCHASE OF THIS CERTIFICATE IS PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT.
 
THIS CLASS R CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.
B-5-1

 
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER SERVICER AND THE TRUSTEE THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE, (D) ANY ELECTING LARGE PARTNERSHIP UNDER SECTION 775(a) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B) (C) OR (D) BEING HEREIN REFERRED TO AS A “DISQUALIFIED ORGANIZATION”) OR (E) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX, (3) SUCH TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE AND (4) SUCH TRANSFEREE IS A UNITED STATES PERSON. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION OR A NON-UNITED STATES PERSON, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH.
 

B-5-2



Certificate No. 1
 
   
Class R Senior
 
   
Date of Pooling and Servicing
Agreement and Cut-off Date: February 1, 2007
Percentage Interest: 100%
   
First Distribution Date: March 26, 2007
 
   
Master Servicer:
Impac Funding Corporation
 
   
Assumed Final Distribution Date:
March 25, 2037
CUSIP: [_________]
 
MORTGAGE PASS-THROUGH CERTIFICATE,
 
SERIES 2007-1
 
evidencing a percentage interest in any distributions allocable to the Class R Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.
 
This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.
 
This certifies that [_______________] is the registered owner of the Percentage Interest evidenced by this Certificate stated above in certain distributions with respect to a Trust Fund, consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
B-5-3

 
This Certificate does not have a principal balance or pass-through rate and will be entitled to distributions only to the Patent set forth in the Agreement. In addition, any distribution of the proceeds of any remaining assets of the Trust will be made only upon presentment and surrender of this Certificate at the office or agency maintained by the Trustee.
 
This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).
 
As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.
 
No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder's prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(c) of the Agreement.
 
Each Holder of this Certificate will be deemed to have agreed to be bound by the restrictions of the Agreement, including but not limited to the restrictions that (i) each person holding or acquiring any Ownership Interest in this Certificate must be a Permitted Transferee, (ii) no Ownership Interest, in this Certificate may be transferred without delivery to the Trustee of (a) a transfer affidavit of the proposed transferee and (b) a transfer certificate of the transferor, each of such documents to be in the form described in the Agreement, (iii) each person holding or acquiring any Ownership Interest in this Certificate must agree to require a transfer affidavit and to deliver a transfer certificate to the Trustee as required pursuant to the Agreement, (iv) each person holding or acquiring an Ownership Interest in this Certificate must agree not to transfer an Ownership Interest in this Certificate if it has actual knowledge that the proposed transferee is not a Permitted Transferee and (v) any attempted or purported transfer of any Ownership Interest in this Certificate in violation of such restrictions will be absolutely null and void and will vest no rights in the purported transferee. Pursuant to the Agreement, the Trustee will provide the Internal Revenue Service and any pertinent persons with the information needed to compute the tax imposed under the applicable tax laws on transfers of residual interests to disqualified organizations, if any person other than a Permitted Transferee acquires an Ownership Interest on a Class R Certificate in violation of the restrictions mentioned above.
B-5-4

 
The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an, assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.
 
No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
 
The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.
B-5-5

 
This Certificate shall be governed by and construed in accordance with the laws of the State of New York.
 
The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 


B-5-6



IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.
 
Dated: February 22, 2007
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
By:______________________________
                 Authorized Signatory


 

 

 

 
CERTIFICATE OF AUTHENTICATION
 
This is one of the Class R Certificates referred to in the within-mentioned Agreement.
 
 
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
 
By:______________________________
                 Authorized Signatory


B-5-7



ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 

 

 
(Please print or typewrite name and address including postal zip code of assignee)
 
the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.
 
I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:
 

 

 
 
 
 
Dated:
                                                                                      
Signature by or on behalf of assignor
 
                                                                                   
Signature Guaranteed

B-5-8


DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ________________________________________________for the account of ______________ account number ___________, or, if mailed by check, to________________ _____ Applicable statements should be mailed to ______________________________________ ______________________________________________________________________________ _________.
 
This information is provided by __________________, the assignee named above, or ____________________, as its agent.
 

 

B-5-9



EXHIBIT C
 
FORM OF TRUSTEE'S INITIAL CERTIFICATION
 
February 22, 2007            
 
Impac Secured Assets Corp.
19500 Jamboree Road
Irvine, California 92612
 
Impac Funding Corporation
19500 Jamboree Road
Irvine, California 92612
 
 
Re:
Pooling and Servicing Agreement, dated as of February 1, 2007, among Impac Secured Assets Corp., Impac Funding Corporation and Deutsche Bank National Trust Company, relating to Mortgage Pass-Through Certificates, Series 2007-1
 
Ladies and Gentlemen:
 
In accordance with Section 2.02 of the above-captioned Pooling and Servicing Agreement, the undersigned, as Trustee, hereby certifies that as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or listed on the attachment hereto) it has reviewed the Mortgage File and the Mortgage Loan Schedule and has determined that: (i) all documents required to be included in the Mortgage File are in its possession; (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan; and (iii) based on examination by it, and only as to such documents, the information set forth in items (iii) and (iv) of the definition or description of “Mortgage Loan Schedule” is correct.
 
The Trustee has made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the above-referenced Pooling and Servicing Agreement. The Trustee makes no representation that any documents specified in clause (vi) of Section 2.01 should be included in any Mortgage File. The Trustee makes no representations as to and shall not be responsible to verify: (i) the validity, legality, sufficiency, enforceability, due authorization, recordability or genuineness of any of the documents contained in each Mortgage File of any of the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan, or (iii) the existence of any assumption, modification, written assurance or substitution agreement with respect to any Mortgage File if no such documents appear in the Mortgage File delivered to the Trustee.
 

C-1


Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Pooling and Servicing Agreement.
 
 
[_______________________________]
   
   
 
By: ________________________________
   
 
Name:
   
 
Title:

 

 

C-2



EXHIBIT D
 
FORM OF TRUSTEE FINAL CERTIFICATION
 
______________, 20__            
 
Impac Secured Assets Corp.
19500 Jamboree Road
Irvine, California 92612
 
Impac Funding Corporation
19500 Jamboree Road
Irvine, California 92612
 
 
Re:
Pooling and Servicing Agreement, dated as of February 1, 2007, among Impac
Secured Assets Corp., Impac Funding Corporation and Deutsche Bank National
Trust Company, relating to Mortgage Pass-Through Certificates, Series 2007-1
 
Ladies and Gentlemen:
 
In accordance with Section 2.02 of the above-captioned Pooling and Servicing Agreement, the undersigned, as Trustee, hereby certifies that as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or listed on the attachment hereto) it has received the documents set forth in Section 2.01.
 
The Trustee has made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the above-referenced Pooling and Servicing Agreement. The Trustee makes no representation that any documents specified in clause (vi) of Section 2.01 should be included in any Mortgage File. The Trustee makes no representations as to and shall not be responsible to verify: (i) the validity, legality, sufficiency, enforceability, due authorization, recordability or genuineness of any of the documents contained in each Mortgage File of any of the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan or (iii) the existence of any assumption, modification, written assurance or substitution agreement with respect to any Mortgage File if no such documents appear in the Mortgage File delivered to the Trustee.
 

D-1



Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Pooling and Servicing Agreement.
 
 
[_________________________]
   
   
 
By: ________________________________
   
 
Name:
   
 
Title:

 

 

D-2



EXHIBIT E
 
FORM OF REMITTANCE REPORT
 
 
 
(Provided Upon Request)
 

 

E-1



EXHIBIT F-1
 
REQUEST FOR RELEASE
 
 
(for Trustee)
 
Loan Information
   
 
Name of Mortgagor:
___________________________
     
 
Master Servicer
 
     
 
Loan No.:
___________________________
     
Trustee
   
     
 
Name:
___________________________
     
 
Address:
___________________________
     
   
___________________________
     
 
Trustee
 
     
 
Mortgage File No.:
___________________________

F-1-1


Request for Requesting Documents (check one):
 
1.
Mortgage Loan Liquidated.
 
(The Master Servicer hereby certifies that all proceeds of foreclosure, insurance or other liquidation have been finally received and deposited into the Custodial Account to the extent required pursuant to the Pooling and Servicing Agreement.)
 
2.
Mortgage Loan in Foreclosure.
 
3.
Mortgage Loan Repurchased Pursuant to Section 9.01 of the Pooling and Servicing Agreement.
 
4.
Mortgage Loan Repurchased Pursuant to Article II of the Pooling and Servicing Agreement.
 
(The Master Servicer hereby certifies that the repurchase price has been deposited into the Custodial Account pursuant to the Pooling and Servicing Agreement.)
 
5.
Other (explain).
 
_________________________________________________________________________
_________________________________________________________________________
_________________________________________________________________________
_________________________________________________________________________
_________________________________________________________________________
_________________________________________________________________________
 



F-1-2


The undersigned Master Servicer hereby acknowledges that it has received from the Trustee for the Holders of Mortgage Pass-Through Certificates, Series 2007-1, the documents referred to below (the “Documents”). All capitalized terms not otherwise defined in this Request for Release shall have the meanings given them in the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., Impac Funding Corporation and the Trustee.
 
( )
Promissory Note dated _________________, 200_, in the original principal sum of $__________, made by __________________, payable to, or endorsed to the order of, the Trustee.
 
( )
Mortgage recorded on _________________________ as instrument no. ___________ in the County Recorders Office of the County of ______________________, State of _____________________ in book/reel/docket of official records at page/image _______________.
 
( )
Deed of Trust recorded on ____________________ as instrument no._____________ in the County Recorder's Office of the County of ______________________, State of _____________________in book/reel/docket __________________ of official records at page/image ________________.
 
( )
Assignment of Mortgage or Deed of Trust to the Trustee, recorded on _______________ as instrument no. ______________ in the County Recorder's Office of the County of ________________, State of ___________________ in book/reel/docket ____________ of official records at page/image ___________.
 
( )
Other documents, including any amendments, assignments or other assumptions of the Mortgage Note or Mortgage.
 
 
( )
___________________________
 
 
( )
___________________________
 
 
( )
___________________________
 
 
( )
___________________________
 

F-1-3


The undersigned Master Servicer hereby acknowledges and agrees as follows:
 
(1) The Master Servicer shall hold and retain possession of the Documents in trust for the benefit of the Trustee, solely for the purposes provided in the Agreement.
 
(2) The Master Servicer shall not cause or knowingly permit the Documents to become subject to, or encumbered by, any claim, liens, security interest, charges, writs of attachment or other impositions nor shall the Master Servicer assert or seek to assert any claims or rights of setoff to or against the Documents or any proceeds thereof.
 
(3) The Master Servicer shall return each and every Document previously requested from the Mortgage File to the Trustee when the need therefor no longer exists, unless the Mortgage Loan relating to the Documents has been liquidated and the proceeds thereof have been remitted to the Custodial Account and except as expressly provided in the Agreement.
 
(4) The Documents and any proceeds thereof, including any proceeds of proceeds, coming into the possession or control of the Master Servicer shall at all times be earmarked for the account of the Trustee, and the Master Servicer shall keep the Documents and any proceeds separate and distinct from all other property in the Master Servicer's possession, custody or control.
 
 
IMPAC FUNDING CORPORATION
   
   
 
By: ___________________________
 
Title: ___________________________
Date: _________________, 200_
 

 

F-1-4



EXHIBIT F-2
 
REQUEST FOR RELEASE
 
[Mortgage Loans Paid in Full]
 
 
OFFICER’S CERTIFICATE AND TRUST RECEIPT
 
MORTGAGE PASS-THROUGH CERTIFICATES
 
SERIES 2007-1
 
_____________________________________ HEREBY CERTIFIES THAT HE/SHE IS AN OFFICER OF THE MASTER SERVICER, HOLDING THE OFFICE SET FORTH BENEATH HIS/HER SIGNATURE, AND HEREBY FURTHER CERTIFIES AS FOLLOWS:
 
WITH RESPECT TO THE MORTGAGE LOANS, AS THE TERM IS DEFINED IN THE POOLING AND SERVICING AGREEMENT DESCRIBED IN THE ATTACHED SCHEDULE:
 
ALL PAYMENTS OF PRINCIPAL, PREMIUM (IF ANY), AND INTEREST HAVE BEEN MADE.
 
 
 
LOAN NUMBER: _____________________
BORROWER'S NAME: ________________
   
COUNTY: ___________________________
 


F-2-1


WE HEREBY CERTIFY THAT ALL AMOUNTS RECEIVED IN CONNECTION WITH SUCH PAYMENTS, WHICH ARE REQUIRED TO BE DEPOSITED IN THE CUSTODIAL ACCOUNT PURSUANT TO SECTION 3.10 OF THE POOLING AND SERVICING AGREEMENT, HAVE BEEN OR WILL BE CREDITED.
 
_________ ____________
DATED: _____________________

//    VICE PRESIDENT
 

//    ASSISTANT VICE PRESIDENT
 

 

F-2-2



EXHIBIT G-1
 
FORM OF INVESTOR REPRESENTATION LETTER
 
___________, 200__            
 
Impac Secured Assets Corp.
19500 Jamboree Road
Irvine, California 92612
 
DB Services Tennessee
648 Grassmere Park Rd.
Nashville, TN 37211
Attn: Transfer Unit

 
Re:
Impac Secured Assets Corp.
Mortgage Pass-Through Certificates Series 2007-1, Class [_] Certificates

Ladies and Gentlemen:
 
______________ (the “Purchaser”) intends to purchase from ______________ (the “Seller”) $_________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 2007-1, Class _____ (the “Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer, and Deutsche Bank National Trust Company, as trustee (the “Trustee”). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Purchaser hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:
 
1. The Purchaser understands that (a) the Certificates have not been and will not be registered or qualified under the Securities Act of 1933, as amended (the “Act”) or any state securities law, (b) the Company is not required to so register or qualify the Certificates, (c) the Certificates may be resold only if registered and qualified pursuant to the provisions of the Act or any state securities law, or if an exemption from such registration and qualification is available, (d) the Pooling and Servicing Agreement contains restrictions regarding the transfer of the Certificates and (e) the Certificates will bear a legend to the foregoing effect.
 

G-1-1


2. The Purchaser is acquiring the Certificates for its own account for investment only and not with a view to or for sale in connection with any distribution thereof in any manner that would violate the Act or any applicable state securities laws.
 
3. The Purchaser is (a) a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters, and, in particular, in such matters related to securities similar to the Certificates, such that it is capable of evaluating the merits and risks of investment in the Certificates, (b) able to bear the economic risks of such an investment and (c) an “accredited investor” within the meaning of Rule 501(a) (1)-(3) and (7) of Regulation D promulgated pursuant to the Act.
 
4. The Purchaser has been furnished with, and has had an opportunity to review (a) a copy of the Pooling and Servicing Agreement and (b) such other information concerning the Certificates, the Mortgage Loans and the Company as has been requested by the Purchaser from the Company or the Seller and is relevant to the Purchaser's decision to purchase the Certificates. The Purchaser has had any questions arising from such review answered by the Company or the Seller to the satisfaction of the Purchaser.
 
5. The Purchaser has not and will not nor has it authorized or will it authorize any person to (a) offer, pledge, sell, dispose of or otherwise transfer any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) solicit any offer to buy or to accept a pledge, disposition of other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) otherwise approach or negotiate with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) make any general solicitation by means of general advertising or in any other manner or (e) take any other action, that (as to any of (a) through (e) above) would constitute a distribution of any Certificate under the Act, that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Purchaser will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement.
 
 
Very truly yours,
 
_________________________
(Purchaser)
   
 
By: _______________________
 
Name: _____________________
 
Title: ______________________


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EXHIBIT G-2
 
FORM OF TRANSFEROR REPRESENTATION LETTER
 
______________, 200___            
 
Impac Secured Assets Corp.
19500 Jamboree Road
Irvine, California 92612
 
DB Services Tennessee
648 Grassmere Park Rd.
Nashville, TN 37211
Attn: Transfer Unit

 
Re:
Impac Secured Assets Corp.
Mortgage Pass-Through Certificates, Series 2007-1, Class [_] Certificates

Ladies and Gentlemen:
 
In connection with the sale by ___________ (the “Seller”) to ________ (the “Purchaser”) of $_________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 2007-1, Class _____ (the “Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer, and Deutsche Bank National Trust Company, as trustee (the “Trustee”). The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:
 
Neither the Seller nor anyone acting on its behalf has (a) offered, pledged, sold, disposed of or otherwise transferred any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) has solicited any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) has otherwise approached or negotiated with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) has made any general solicitation by means of general advertising or in any other manner, or (e) has taken any other action, that (as to any of (a) through (e) above) would constitute a distribution of the Certificates under the Securities Act of 1933 (the “Act”), that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Seller will not act in any manner set forth in the foregoing sentence with respect to any Certificate. The Seller has not and will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement.
G-2-1

 
 
 
Very truly yours,
 
_________________________
(Seller)
   
 
By: _______________________
 
Name: _____________________
 
Title: ______________________

 

 

G-2-2



EXHIBIT G-3
 
FORM OF RULE 144A INVESTMENT REPRESENTATION
 
 
Description of Rule 144A Securities, including numbers:
 
Impac Secured Assets Corp.
 
Mortgage Pass-Through Certificates
 
Series 2007-1, Class ____, No. ____
 
The undersigned seller, as registered holder (the “Transferor”), intends to transfer the Rule 144A Securities described above to the undersigned buyer (the “Buyer”).
 
1. In connection with such transfer and in accordance with the agreements pursuant to which the Rule 144A Securities were issued, the Transferor hereby certifies the following facts: Neither the Transferor nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, which would constitute a distribution of the Rule 144A Securities under the Securities Act of 1933, as amended (the “1933 Act”), or which would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, and that the Transferor has not offered the Rule 144A Securities to any person other than the Buyer or another “qualified institutional buyer” as defined in Rule 144A under the 1933 Act.
 
2. The Buyer warrants and represents to, and covenants with, the Transferor, the Trustee, the Master Servicer and the Depositor pursuant to Section 5.02 of the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”), as follows:
 
a. The Buyer understands that the Rule 144A Securities have not been registered under the 1933 Act or the securities laws of any state.
 
b. The Buyer considers itself a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investment in the Rule 144A Securities.
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c. The Buyer has been furnished with all information regarding the Rule 144A Securities that it has requested from the Transferor, the Trustee or the Master Servicer.
 
d. Neither the Buyer nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security from, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, that would constitute a distribution of the Rule 144A Securities under the 1933 Act or that would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, nor will it act, nor has it authorized or will it authorize any person to act, in such manner with respect to the Rule 144A Securities.
 
e. The Buyer is a “qualified institutional buyer” as that term is defined in Rule 144 under the 1933 Act and has completed either of the forms of certification to that effect attached hereto as Annex 1 or Annex 2. The Buyer is aware that the sale to it is being made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A Securities for its own account or the account of other qualified institutional buyers, understands that such Rule 144 Securities may be resold, pledged or transferred only (i) to a person reasonably believed to be a qualified institutional buyer that purchases for its own account or for the account of a qualified institutional buyer to whom notice is given that the resale, pledge or transfer is being made in reliance on Rule 144A, or (ii) pursuant to another exemption from registration under the 1933 Act.
 
3. The Buyer warrants and represents to, and covenants with, the Transferor, the Master Servicer and the Depositor that either (1) the Buyer is not an employee benefit plan within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) (“Plan”), or a plan within the meaning of Section 4975(e)(1) of the Internal Revenue Code of 1986 (the “Code”) (also a “Plan”), and the Buyer is not directly or indirectly purchasing the Rule 144A Securities on behalf of, as investment manager of, as named fiduciary of, as trustee of, or with assets of a Plan, or (2) the Buyer has provided the Trustee with the opinion letter required by section 5.02(c) of the Pooling and Servicing Agreement.
 
4. This document may be executed in one or more counterparts and by the different parties hereto on separate counterparts, each of which, when so executed, shall be deemed to be an original; such counterparts, together, shall constitute one and the same document.
 


G-3-2



IN WITNESS WHEREOF, each of the parties has executed this document as of the date set forth below.
 

________________________________
Print Name of Transferor
________________________________
Print Name of Buyer
   
   
   
By: ________________________________
 
Name:
 
Title:
By: ________________________________
 
Name:
 
Title:
   
   
Taxpayer Identification:
 
No. ________________________________
 
Date: _______________________________
Taxpayer Identification:
 
No. ________________________________
 
Date:________________________________


 

G-3-3


 
ANNEX 1 TO EXHIBIT G-3
 
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
 
 
[For Buyers Other Than Registered Investment Companies]

 
The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached:
 
1. As indicated below, the undersigned is the President, Chief Financial Officer, Senior Vice President or other executive officer of the Buyer.
 
2. In connection with purchases by the Buyer, the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because (i) the Buyer owned and/or invested on a discretionary basis $____________________1 in securities (except for the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A) and (ii) the Buyer satisfies the criteria in the category marked below.
 
____
Corporation, etc. The Buyer is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code.
 
____
Bank. The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statement, a copy of which is attached hereto.
 
____
Savings and Loan. The Buyer (a) is a savings and loan association, building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements.
_________________________
1
Buyer must own and/or invest on a discretionary basis at least $100,000,000 in securities unless Buyer is a dealer, and, in that case, Buyer must own and/or invest on a discretionary basis at least $10,000,000 in securities.
 
G-3-4

 
____
Broker-dealer. The Buyer is a dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934.
 
____
Insurance Company. The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.
 
____
State or Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees.
 
____
ERISA Plan. The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.
 
____
Investment Adviser. The Buyer is an investment adviser registered under the Investment Advisers Act of 1940.
 
____
SBIC. The Buyer is a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958.
 
____
Business Development Company. The Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.
 
____
Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.
 
3. The term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Buyer, (ii) securities that are part of an unsold allotment to or subscription by the Buyer, if the Buyer is a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.
 
4. For purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Buyer, the Buyer used the cost of such securities to the Buyer and did not include any of the securities referred to in the preceding paragraph. Further, in determining such aggregate amount, the Buyer may have included securities owned by subsidiaries of the Buyer, but only if such subsidiaries are consolidated with the Buyer in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such subsidiaries are managed under the Buyer's direction. However, such securities were not included if the Buyer is a majority-owned, consolidated subsidiary of another enterprise and the Buyer is not itself a reporting company under the Securities Exchange Act of 1934.
G-3-5

 
5. The Buyer acknowledges that it is familiar with Rule 144A and understands that the seller to it and other parties related to the Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Buyer may be in reliance on Rule 144A.
 
___
___
 
Will the Buyer be purchasing the Rule 144A
Yes
No
 
Securities only for the Buyer's own account?
 
6. If the answer to the foregoing question is “no”, the Buyer agrees that, in connection with any purchase of securities sold to the Buyer for the account of a third party (including any separate account) in reliance on Rule 144A, the Buyer will only purchase for the account of a third party that at the time is a “qualified institutional buyer” within the meaning of Rule 144A. In addition, the Buyer agrees that the Buyer will not purchase securities for a third party unless the Buyer has obtained a current representation letter from such third party or taken other appropriate steps contemplated by Rule 144A to conclude that such third party independently meets the definition of “qualified institutional buyer” set forth in Rule 144A.
 
7. The Buyer will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice is given, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification as of the date of such purchase.
 

 
________________________________
Print Name of Buyer
 
By: ________________________________
Name:
Title:
 
Date: ________________________________
 
G-3-6

ANNEX 2 TO EXHIBIT G-3
 
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
 
 
[For Buyers That Are Registered Investment Companies]
 
The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached:
 
1. As indicated below, the undersigned is the President, Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because Buyer is part of a Family of Investment Companies (as defined below), is such an officer of the Adviser.
 
2. In connection with purchases by Buyer, the Buyer is a “qualified institutional buyer” as defined in SEC Rule 144A because (i) the Buyer is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Buyer alone, or the Buyer's Family of Investment Companies, owned at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year. For purposes of determining the amount of securities owned by the Buyer or the Buyer's Family of Investment Companies, the cost of such securities was used.
 
____
The Buyer owned $_______________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A).
 
____
The Buyer is part of a Family of Investment Companies which owned in the aggregate $____________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A).
 
3. The term “Family of Investment Companies” as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).
 
4. The term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) bank deposit notes and certificates of deposit, (iii) loan participations, (iv) repurchase agreements, (v) securities owned but subject to a repurchase agreement and (vi) currency, interest rate and commodity swaps.
G-3-7

 
5. The Buyer is familiar with Rule 144A and understands that each of the parties to which this certification is made are relying and will continue to rely on the statements made herein because one or more sales to the Buyer will be in reliance on Rule 144A. In addition, the Buyer will only purchase for the Buyer's own account.
 
6. The undersigned will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification by the undersigned as of the date of such purchase.
 
 
________________________________
Print Name of Buyer
   
 
By: ________________________________
Name:
Title:
   
   
 
IF AN ADVISER:
   
 
________________________________
Print Name of Buyer
   
   
 
Date: ________________________________


 

G-3-8



EXHIBIT G-4
 
FORM OF TRANSFEROR CERTIFICATE
 
______________, 200__            
 
Impac Secured Assets Corp.
19500 Jamboree Road
Irvine, California 92612
 
DB Services Tennessee
648 Grassmere Park Rd.
Nashville, TN 37211
Attn: Transfer Unit

 
Re:
Impac Secured Assets Corp.
Mortgage Pass-Through Certificates Series 2007-1, Class R Certificates
 
Ladies and Gentlemen:
 
This letter is delivered to you in connection with the sale by ____________ (the “Seller”) to _______________ (the “Purchaser”) of a ____% Percentage Interest in the Mortgage Pass-Through Certificates, Series 2007-1, Class R Certificates (the “Certificates”), issued pursuant to Section 5.02 of the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”). All terms used herein and not otherwise defined shall have the meaning set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:
 
1. No purpose of the Seller relating to the sale of the Certificates by the Seller to the Purchaser is or will be to impede the assessment or collection of any tax.
 
2. The Seller understands that the Purchaser has delivered to the Trustee and the Company a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit G-5. The Seller does not know or believe that any representation contained therein is false.
 
3. The Seller has at the time of the transfer conducted a reasonable investigation of the financial condition of the Purchaser as contemplated by Treasury Regulations Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Seller has determined that the Purchaser has historically paid its debts as they have become due and has found no significant evidence to indicate that the Purchaser will not continue to pay its debts as they become due in the future. The Seller understands that the transfer of the Certificates may not be respected for United States income tax purposes (and the Seller may continue to be liable for United States income taxes associated therewith) unless the Seller has conducted such an investigation.
G-4-1

 
4. The Seller has no actual knowledge that the proposed Transferee is not a Permitted Transferee.
 

 
Very truly yours,
 
________________________________
(Seller)
   
 
By: ________________________________
 
Name________________________________
 
Title: ________________________________


 

G-4-2



EXHIBIT G-5
 
FORM OF TRANSFER AFFIDAVIT AND AGREEMENT
 
STATE OF
)
 
:ss.
COUNTY OF
)
   

___________________, being first duly sworn, deposes, represents and warrants:
 
 
1. That he/she is [Title of Officer] of [Name of Owner], a [savings institution] [corporation] duly organized and existing under the laws of [the State of __________] [the United States], (the “Investor”), (record or beneficial owner of the Class R Certificates (the “Certificates”) on behalf of which he/she makes this affidavit and agreement). This Class R Certificates were issued pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Agreement”), among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”).
 
1. The Investor is, as of the date hereof, and will be, as of the date of the Transfer, a Permitted Transferee. The Investor is not acquiring its Ownership Interest in the Certificates for the account of a Person other than a Permitted Transferee.
 
2. The Investor has been advised and understands that (i) a tax will be imposed on Transfers of the Certificates to Persons that are not Permitted Transferees; (ii) such tax will be imposed on the Transferor, or, if such Transfer is through an agent (which includes a broker, nominee or middleman) for a Person that is not a Permitted Transferee, on the agent; and (iii) the Person otherwise liable for the tax shall be relieved of liability for the tax if a subsequent transferee furnishes to such Person an affidavit that such subsequent transferee is a Permitted Transferee, and at the time of Transfer, such Person does not have actual knowledge that the affidavit is false.
 
3. The Investor has been advised and understands that a tax will be imposed on a “pass-through entity” holding the Certificates if at any time during the taxable year of the pass-through entity a Person that is not a Permitted Transferee is the record holder of an interest in such entity. The Investor understands that such tax will not be imposed for any period with respect to which the record holder furnishes to the pass-through entity an affidavit that such record holder is a Permitted Transferee and the pass-through entity does not have actual knowledge that such affidavit is false. (For this purpose, a “pass-through entity” includes a regulated investment company, a real estate investment trust or common trust fund, a partnership, trust or estate, and certain cooperatives and, except as may be provided in Treasury regulations, Persons holding interests in pass-through entities as a nominee for another Person.)
G-5-1

 
4. The Investor has reviewed the provisions of Section 5.02(e) of the Agreement and understands the legal consequences of the acquisition of an Ownership Interest in the Certificates, including, without limitation, the restrictions on subsequent Transfers and the provisions regarding voiding any prohibited Transfers and mandatory sales. The Investor expressly agrees to be bound by, and to abide by, such provisions of the Agreement and the restrictions noted on the face of the Certificates. The Investor understands and agrees that any breach of any of the representations included herein shall render the Transfer of the Certificates to the Investor contemplated hereby null and void. The Investor consents to any amendment of the Agreement that shall be deemed necessary by the Depositor (upon advice of nationally recognized counsel) to constitute a reasonable arrangement to ensure that the Certificate will not be owned directly or indirectly by a Person other than a Permitted Transferee.
 
5. The Investor agrees not to Transfer the Certificates, or cause the Transfer of the Certificates by a Person for whom the Investor is acting as nominee, trustee or agent, in each case unless (i) it has received an affidavit in substantially the same form as this affidavit containing these same representations and covenants from the subsequent transferee. In connection with any such Transfer by the Investor, the Investor agrees to deliver to the Trustee a certificate substantially in the form set forth as Exhibit G-4 to the Agreement to the effect that the Investor has no actual knowledge that the Person to which the Transfer is to be made is not a Permitted Transferee.
 
6. The Investor has historically paid its debts as they have come due, intends to pay its debts as they come due in the future, and understands that the taxes associated with holder an Ownership Interest in the Certificates may exceed the cash flow with respect thereto in some or all periods and intends to pay such taxes as they become due. The Investor does not have the intention, and no purpose of the Transfer of the Certificates to the Investor is, to impede the assessment or collection of any tax legally required to be paid with respect to the Certificates.
 
7. The Investor’s U.S. taxpayer identification number is [_____________].
 
8. The Investor is a United States Person.
 
9. The Investor is aware that the Certificates may be a “noneconomic residual interest” within the meaning of Treasury regulations promulgated under Section 860E of the Code and that the transferor of a noneconomic residual interest will remain liable for any taxes due with respect to the income on such residual interest, unless no significant purpose of the transfer was to impede the assessment or collection of tax.
 
10. The Investor will not cause income from the Certificates to be attributable to a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Investor or any other United States Person.
 
11. Check one of the following:
 
o  The Transfer of the Certificates complies with U.S. Treasury Regulation Sections 1.860E-1(c)(7) and (8) and, accordingly:
G-5-2

 
(i) the present value of the anticipated tax liabilities associated with holding the Certificates does not exceed the sum of:
 
 
(a)
the present value of any consideration given to the Investor to acquire such Certificates;
 
 
(b)
the present value of the expected future distributions on such Certificates; and
 
 
(c)
the present value of the anticipated tax savings associated with holding such Certificates as the related REMIC generates losses; and
 
(ii) the Transfer of the Certificates will not result in such Certificates being held, directly or indirectly, by a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Investor or any other United States Person.
 
For purposes of the calculation in clause (i) above, (x) the Investor is assumed to pay tax at the highest rate currently specified in Section 11(b)(1) of the Code (but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate specified in Section 11(b)(1) of the Code if the Investor has been subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute its taxable income in the current taxable year using the alternative minimum tax rate) and (y) present values are computed using a discount rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer and the compounding period used by the Investor.
 
o  The Transfer of the Certificates complies with U.S. Treasury Regulation Sections 1.860E-1(c)(5) and (6) and, accordingly:
 
 
(i)
the Investor is an “eligible corporation,” as defined in U.S. Treasury Regulation Section 1.860E-1(c)(6)(i), as to which income from the Certificates will only be taxed in the United States;
 
 
(ii)
at the time of the Transfer, and at the close of the Investor’s two fiscal years preceding the fiscal year of the transfer, the Investor had gross assets for financial reporting purposes (excluding any obligation of a “related person” to the Investor within the meaning of U.S. Treasury Regulation Section 1.860E-1(c)(6)(ii) and any other asset the principal purpose of which is to permit the Investor to satisfy the condition of this clause (ii)) in excess of $100 million and net assets in excess of $10 million;
 
 
(iii)
the Investor will transfer the Certificates only to another “eligible corporation,” as defined in U.S. Treasury Regulation Section 1.860E-1(c)(6)(i), in a transaction in which the requirements of U.S. Treasury Regulation Sections 1.860E-1(c)(4)(i), (ii) and (iii) and -1(c)(5) are satisfied and, accordingly, the subsequent transferee provides a similar affidavit with this box checked; and
 
G-5-3

 
 
(iv)
the Investor determined the consideration paid to it to acquire the Certificates based on reasonable market assumptions (including, but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax rates and other factors specific to the Investor) that it has determined in good faith and has concluded that such consideration, together with other assets of the Investor, will be sufficient to cover the taxes associated with the Certificates.
 
o  None of the above.
 
11. (a) The Certificates (i) are not being acquired by, and will not be transferred to, any employee benefit plan within the meaning of section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or other retirement arrangement, including individual retirement accounts and annuities, Keogh plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that is subject to ERISA or Section 4975 of the Code (any of the foregoing, a “Plan”), (ii) are not being acquired with “plan assets” of a Plan within the meaning of the Department of Labor (“DOL”) regulation, 29 C.F.R. § 2510.3-101 or otherwise under ERISA, and (iii) will not be transferred to any entity that is deemed to be investing in plan assets within the meaning of the DOL regulation, 29 C.F.R. § 2510.3-101 or otherwise under ERISA; or
 
(b) The Investor will provide the Trustee with an opinion of counsel, as specified in Section 5.02(c) of the Agreement, acceptable to and in form and substance satisfactory to the Trustee to the effect that the purchase of Certificates is permissible under applicable law, will not constitute or result in any non-exempt prohibited transaction under ERISA or Section 4975 of the Code and will not subject the Trustee, the Depositor or the Master Servicer to any obligation or liability (including obligations or liabilities under ERISA or Section 4975 of the Code) in addition to those undertaken in the Agreement.
 
In addition, the Investor hereby certifies, represents and warrants to, and covenants with, the Depositor, the Trustee and the Master Servicer that the Investor will not transfer such Certificates to any Plan or person unless either such Plan or person meets the requirements set forth in either (a) or (b) above.
 

G-5-4


IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on its behalf, by its [Title of Officer] and its corporate seal to be hereunto attached, attested by its [Assistant] Secretary, this ______ day of _____________, _____.
 

 
 
________________________________ 
            [NAME OF INVESTOR]
 
 
By: ________________________________
[Name of Officer]
[Title of Officer]
   
[Corporate Seal]
 
 
ATTEST:
 
 
________________________________
[Assistant] Secretary
 
 
G-5-5


FORM OF TRANSFEROR AFFIDAVIT
 
STATE OF NEW YORK
)
 
 
)
ss.:
COUNTY OF NEW YORK
)
 
 
The undersigned is the [Title of Officer] of [Name of Transferor] (the “Owner”), the proposed transferor of an Ownership Interest in the Impac Secured Assets Corp., Mortgage pass-through Certificates, Series 2007-1, Class [R-1][R-2][R-3] Certificate (the “Certificate”) issued pursuant to the Pooling and Servicing Agreement (the “Agreement”) relating to the Certificate, dated as of [ ], 2007, among [ ], as depositor (the “Depositor”), [ ], as master servicer (“the Master Servicer”) and [ ], as trustee (the “Trustee”), and makes this affidavit on behalf of the Owner for the benefit of the Depositor and the Trustee. Capitalized terms used, but not defined herein, shall have the meanings ascribed to such terms in the Agreement.
 
1.  The Owner is not transferring the Certificate to impede the assessment or collection of any tax.
 
2.  The Owner has no actual knowledge that the proposed Transferee of the Certificate: (i) has insufficient assets to pay any taxes that would be owed by such Transferee as Holder of the Certificate; (ii) may become insolvent or subject to a bankruptcy proceeding for so long as the Certificate remains outstanding; and (iii) is not a Permitted Transferee.
 
3.  The Owner understands that the proposed Transferee has delivered to the Trustee a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit F-2. The Owner does not know or believe that any representation contained therein is false.
 
4.  At the time of transfer, the Owner has conducted a reasonable investigation of the financial condition of the proposed Transferee as contemplated by Treasury Regulation Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Owner has determined that the proposed Transferee has historically paid its debts as they became due and has found no significant evidence to indicate that the proposed Transferee will not continue to pay its debts as they become due in the future. The Owner understands that the transfer of the Certificate may not be respected for U.S. federal income tax purposes (and the Owner may continue to be liable for U.S. federal income taxes associated therewith) unless the Owner has conducted such an investigation.
 
 

 
G-5-6

 

 
IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on its behalf, pursuant to authority of its Board of Directors, by its [Title of Officer] this ____ day of _________, 20__.
 
           
[NAME OF OWNER]
                         
                         
           
By:
 
           
Name:
[Name of Officer]
           
Title:
[Title of Officer]
               
               
               

 
Personally appeared before me the above-named [Name of Officer], known or proved to me to be the same person who executed the foregoing instrument and to be the [Title of Officer] of the Owner, and acknowledged to me that he/she executed the same as his/her free act and deed and the free act and deed of the Owner.
 
Subscribed and sworn before me this ___ day of _________, 20___.
 
NOTARY PUBLIC
 
COUNTY OF
 
STATE OF
 
My commission expires the ___ day of ___________________, 20___.

G-5-7



EXHIBIT H
 
MORTGAGE LOAN SCHEDULE
 
         AP_NUM       PROPERTY_TYPE              Unit_Num     INTENT    PURPOSE_DESC          CASH_OUT              INTEREST_RATE        CURR_INT_RATE         LOAN_AMOUNT          CURR_BALANCE         FIRST_PAY_DATE         MATURITY_DATE          CURR_MONTHLY_PI     TERM     LTV     STATE            PD_THRU_DATE        Balloon        APPRAISAL        FIRST_SECOND     MARGIN        MONTHLY_P_I           BORR_LAST_NAME           BORR_FIRST_NAME      ADDRESS   CITY     ZIP_CODE         CLOSED_DATE       DOC_TYPE      LOAN_PROGRAM                          MICo   MICvg       SALES_PRICE      OTHER_FIN        SUBORD_LIEN    CLTV           PRI_CREDIT_SCORE      DEBT_RATIO     PREPAY_OPTION            SimpleInterest   FirstAdjDt     LIFE_CAP  InitialCap     BaseCap      LIFE_FLOOR
     1103456431       SFR                               1     OO        REFI                  Y                            13.375               13.375               68000              67956.68              12/1/2006             11/1/2021                    772.2      180      20     AZ                   2/1/2007        Y                 340000                   2          0              772.2                                                                               85027          11/17/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        624           44.68     3YR                                                             0           0           0               0
     1103583987       HI-RISE                           1     NOO       PURCHASE              N                              7.75                 7.75              145500                145500               1/1/2007             12/1/2036                   939.69      360      75     FL                   2/1/2007        N                 194000                   1          3             939.69                                                                               33317          11/22/2006              2      PA1605EI_ARM-INTONLY                             0            194000                             38800      95                        657              45     1YR                                        12/1/2011            6           3           1               3
     1103583988       HI-RISE                           1     NOO       PURCHASE              N                             14.25                14.25               38800              38786.58               1/1/2007             12/1/2021                   467.42      180      20     FL                   2/1/2007        Y                 194000                   2          0             467.42                                                                               33317          11/22/2006              2      TB1630_BALLOON                                   0            194000                                 0      95                        657              45     1YR                                                             0           0           0               0
     1103589683       CONDO                             1     NOO       PURCHASE              N                             12.03                12.03               51247              50941.97              12/1/2006             11/1/2021                   528.32      180      25     FL                   2/1/2007        Y                 205000                   2          0             528.32                                                                               33323           11/1/2006              1      TB0630_BALLOON                                   0            204990                                 0      95                        744              45     NO-PREPAY                                                       0           0           0               0
     1103597944       SFR                               1     NOO       PURCHASE              N                             13.75                13.75               25980              25954.35              10/1/2006              9/1/2021                    302.7      180      20     NC                   2/1/2007        Y                 130000                   2          0              302.7                                                                               28215           11/7/2006              2      TB1630_BALLOON                                   0            129900                                 0      95                        669           44.86     NO-PREPAY                                                       0           0           0               0
     1103598702       SFR                               1     OO        PURCHASE              N                             6.625                6.625              285523             285504.15              12/1/2006             11/1/2036                  1576.33      360      80     CA                   2/1/2007        N                 357000                   1          3            1576.33                                                                               92585          11/22/2006              2      PA1605EI_ARM-INTONLY                             0            356904                             35690      90                        655              43     NO-PREPAY                                  11/1/2011            6           3           1               3
     1103598737       SFR                               1     OO        PURCHASE              N                            12.375               12.375               35690              35415.15              12/1/2006             11/1/2021                   377.45      180      10     CA                   2/1/2007        Y                 357000                   2          0             377.45                                                                               92585          11/28/2006              2      TB1630_BALLOON                                   0            356904                                 0      90                        655           43.23     NO-PREPAY                                                       0           0           0               0
     1103600016       SFR                               1     OO        REFI                  N                              6.25                 6.25              296000             294867.77              11/1/2006             10/1/2036                  1822.52      360   73.82     FL                   2/1/2007        N                 401000                   1          3            1822.52                                                                               34476          11/28/2006              8      SA1603E_ARM                                      0                 0                                 0   73.82                        731              35     NO-PREPAY                                  10/1/2009            6           3           1               3
     1103601089       SFR                               1     OO        PURCHASE              N                             7.375                7.375              296000                296000               1/1/2007             12/1/2036                  1819.17      360      80     CA                   2/1/2007        N                 370000                   1          3            1819.17                                                                               92582           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            370000                             74000     100                        690           41.76     1YR                                        12/1/2011            6           3           1               3
     1103601507       SFR                               1     NOO       PURCHASE              N                              13.5                 13.5               58900               58838.5              10/1/2006              9/1/2021                   674.65      180      15     NY                   2/1/2007        Y                 413000                   2          0             674.65                                                                               11704          11/10/2006              2      TB0630_BALLOON                                   0            392850                                 0   94.99                        713            33.7     NO-PREPAY                                                       0           0           0               0
     1103603801       D-PUDS                            1     OO        REFI                  Y                             13.75                13.75              100000              99961.22               1/1/2007             12/1/2021                  1165.11      180      20     VA                   2/1/2007        Y                 500000                   2          0            1165.11                                                                               23227          11/29/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        633            29.5     NO-PREPAY                                                       0           0           0               0
     1103603949       SFR                               1     OO        PURCHASE              N                            11.875               11.875              115000             114897.51              12/1/2006             11/1/2021                  1171.85      180      20     CA                   2/1/2007        Y                 575000                   2          0            1171.85                                                                               94954           11/2/2006              2      TB1630_BALLOON                                   0            575000                                 0     100                        668            41.2     1YR                                                             0           0           0               0
     1103604645       CONDO                             1     NOO       PURCHASE              N                             7.125                7.125              116830                116830               1/1/2007             12/1/2036                   693.68      360      70     FL                   2/1/2007        N                 173000                   1          3             693.68                                                                               33810          12/26/2006              2      PA0605EI_ARM-INTONLY                             0            166900                             41725      95                        784           37.53     1YR                                        12/1/2011            6           3           1               3
     1103604756       SFR                               1     OO        REFI                  Y                            11.875               11.875               65000              64942.07              12/1/2006             11/1/2021                   662.35      180    7.93     CA                   2/1/2007        Y                 820000                   2          0             662.35                                                                               90041           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0   87.93                        643           35.49     2YR                                                             0           0           0               0
     1103605051       CONDO                             1     NOO       PURCHASE              N                            13.725               13.725               86400              86314.26              10/1/2006              9/1/2021                  1004.96      180      20     FL                   2/1/2007        Y                 432000                   2          0            1004.96                                                                               33131           11/2/2006              2      TB1630_BALLOON                                   0            432000                                 0      95                        661           38.15     NO-PREPAY                                                       0           0           0               0
     1103605109       SFR                               1     OO        REFI                  Y                             10.99                10.99               55500                 55500              11/1/2006             10/1/2021                   508.29      180      10     CA                   2/1/2007        Y                 555000                   2          0             508.29                                                                               94565          10/13/2006              2      TB1630I_BALLOON-INTONLY                          0                 0                                 0      90                        670           38.54     1YR                                                             0           0           0               0
     1103606245       SFR                               1     OO        REFI                  Y                              11.9                 11.9               49000              48939.53              11/1/2006             10/1/2021                   500.25      180   11.87     CA                   2/1/2007        Y                 413000                   2          0             500.25                                                                               92504          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.35                        679           37.76     NO-PREPAY                                                       0           0           0               0
     1103606554       SFR                               1     OO        REFI                  Y                              6.25                 6.25              385000                384950               1/1/2007             12/1/2036                  2005.21      360   74.76     CA                   2/1/2007        N                 515000                   1          3            2005.21                                                                               92114           12/1/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.76                        725           34.75     3YR                                        12/1/2011            6           3           1               3
     1103606577       SFR                               1     OO        PURCHASE              N                              10.5                 10.5               61000              60901.76              11/1/2006             10/1/2021                   557.99      180      10     CA                   2/1/2007        Y                 685000                   2          0             557.99                                                                               90723          10/19/2006              2      TB1630_BALLOON                                   0            610000                                 0      90                        652            4.03     3YR                                                             0           0           0               0
     1103606837       D-PUDS                            1     OO        REFI                  Y                             7.375                7.375             2000000               2000000               1/1/2007             12/1/2036                 12291.67      360    67.8     CA                   2/1/2007        N                2950000                   1          3           12291.67                                                                               91504          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            212500      75                        657           28.75     1YR                                        12/1/2011            6           3           1               3
     1103607071       SFR                               1     NOO       PURCHASE              N                                13                   13               50200              50127.62              11/1/2006             10/1/2021                   555.31      180   24.99     TX                   2/1/2007        Y                 200890                   2          0             555.31                                                                               76086          11/14/2006              2      TB1630_BALLOON                                   0            200890                                 0   94.98                        677           23.05     NO-PREPAY                                                       0           0           0               0
     1103608139       SFR                               1     OO        PURCHASE              N                             6.875                6.875              286405                286405              10/1/2006              9/1/2036                  1640.86      360      80     CA                   2/1/2007        N                 358500                   1        3.5            1640.86                                                                               92394           12/1/2006              2      PA2605EI_ARM-INTONLY                             0            358006                             71600     100                        636           41.59     3YR                                         9/1/2011            6           3           1             3.5
     1103608265       2-4FAMILY                         2     OO        PURCHASE              N                             12.35                12.35              130000             129860.24              11/1/2006             10/1/2021                  1372.32      180      20     CA                   2/1/2007        Y                 650000                   2          0            1372.32                                                                               94601           11/1/2006              2      TB2630_BALLOON                                   0            650000                                 0     100                        622           43.46     3YR                                                             0           0           0               0
     1103608814       SFR                               1     OO        REFI                  Y                            11.875               11.875               48000              47942.68              11/1/2006             10/1/2021                   489.12      180      10     CA                   2/1/2007        Y                 480000                   2          0             489.12                                                                               92505          10/25/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        651           38.77     3YR                                                             0           0           0               0
     1103608887       D-PUDS                            1     OO        PURCHASE              N                              11.5                 11.5               49250              48883.97              11/1/2006             10/1/2021                   487.72      180       5     FL                   2/1/2007        Y                1100000                   2          0             487.72                                                                               33076          10/23/2006              2      TB1630_BALLOON                                   0            985655                                 0      80                        647           39.55     3YR                                                             0           0           0               0
     1103609668       PUD                               1     OO        PURCHASE              N                             7.875                7.875              364000             363747.86              11/1/2006             10/1/2036                  2388.75      360      80     CA                   2/1/2007        N                 455000                   1          3            2388.75                                                                               92173           12/6/2006              8      SA1605EI_ARM-INTONLY                             0            455000                             91000     100                        694               0     1YR                                        10/1/2011            6           3           1               3
     1103610210       SFR                               1     OO        REFI                  Y                              12.6                 12.6               30550              30518.93              11/1/2006             10/1/2021                   328.42      180      13     CA                   2/1/2007        Y                 235000                   2          0             328.42                                                                               92227          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      88                        650           40.66     NO-PREPAY                                                       0           0           0               0
     1103610321       CONDO                             1     NOO       PURCHASE              N                             13.65                13.65               37980              37957.25              12/1/2006             11/1/2021                   439.52      180      20     FL                   2/1/2007        Y                 190000                   2          0             439.52                                                                               33063           11/2/2006              2      TB1630_BALLOON                                   0            189900                                 0      95                        670           31.05     1YR                                                             0           0           0               0
     1103610614       SFR                               1     OO        REFI                  Y                            12.525               12.525              100000              99922.85              12/1/2006             11/1/2021                   1069.2      180   15.63     CA                   2/1/2007        Y                 640000                   2          0             1069.2                                                                               92021           11/3/2006              2      TB2630_BALLOON                                   0                 0                                 0   93.75                        622           49.33     3YR                                                             0           0           0               0
     1103610990       CONDO                             1     OO        REFI                  Y                             12.75                12.75               37300              37263.31              11/1/2006             10/1/2021                   405.34      180      10     CA                   2/1/2007        Y                 373000                   2          0             405.34                                                                               92630          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        641           35.19     3YR                                                             0           0           0               0
     1103611160       SFR                               1     OO        REFI                  Y                            11.375               11.375               23100              23077.01              12/1/2006             11/1/2021                   226.56      180      10     AZ                   2/1/2007        Y                 231000                   2          0             226.56                                                                               85019          11/16/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        641              40     3YR                                                             0           0           0               0
     1103611297       CONDO                             1     OO        PURCHASE              N                              12.5                 12.5               20000              19979.21              11/1/2006             10/1/2021                   213.45      180   10.37     FL                   2/1/2007        Y                 193000                   2          0             213.45                                                                               33193           11/1/2006              2      TB1630_BALLOON                                   0            193000                                 0      90                        656           39.79     3YR                                                             0           0           0               0
     1103611298       SFR                               1     NOO       PURCHASE              N                             11.15                11.15               33000              32953.82              11/1/2006             10/1/2021                   318.01      180      15     WI                   2/1/2007        Y                 220000                   2          0             318.01                                                                               54636          10/27/2006              1      TB0630_BALLOON                                   0            220000                                 0      90                        690           48.85     NO-PREPAY                                                       0           0           0               0
     1103611606       SFR                               1     OO        REFI                  Y                             6.625                6.625              507000                507000              12/1/2006             11/1/2036                  2799.06      360   68.61     CA                   2/1/2007        N                 739000                   1          3            2799.06                                                                               92626          11/30/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0   68.61                        656           54.39     1YR                                        11/1/2011            6           3           1               3
     1103612103       2-4FAMILY                         2     NOO       REFI                  Y                              7.75                 7.75              175000                175000               1/1/2007             12/1/2036                  1130.21      360      70     CO                   2/1/2007        N                 250000                   1          3            1130.21                                                                               80033          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             62500      95                        666           44.37     NO-PREPAY                                  12/1/2011            6           3           1            7.75
     1103612648       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               76400              76320.58              11/1/2006             10/1/2021                   815.38      180   19.99     CA                   2/1/2007        Y                 383000                   2          0             815.38                                                                               92582           11/2/2006              2      TB1630_BALLOON                                   0            382285                                 0   99.98                        644           42.41     1YR                                                             0           0           0               0
     1103612937       SFR                               1     NOO       REFI                  Y                             7.375                7.375              203000                203000              12/1/2006             11/1/2036                   1247.6      360      70     AL                   2/1/2007        N                 290000                   1          3             1247.6                                                                               35209          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             72500      95                        693           49.02     NO-PREPAY                                  11/1/2011            6           3           1               3
     1103612939       SFR                               1     NOO       REFI                  Y                             13.25                13.25               72500              72420.96              12/1/2006             11/1/2021                   816.19      180      25     AL                   2/1/2007        Y                 290000                   2          0             816.19                                                                               35209          12/14/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        693           49.02     NO-PREPAY                                                       0           0           0               0
     1103613232       SFR                               1     OO        PURCHASE              N                             11.85                11.85               69750              69687.47              12/1/2006             11/1/2021                   709.42      180      30     CA                   2/1/2007        Y                 235000                   2          0             709.42                                                                               93274          11/28/2006              2      TB1630_BALLOON                                   0            232500                                 0     100                        642           41.01     3YR                                                             0           0           0               0
     1103613313       SFR                               1     OO        REFI                  Y                             12.75                12.75               94600              94530.62              12/1/2006             11/1/2021                  1028.01      180      20     CA                   2/1/2007        Y                 473000                   2          0            1028.01                                                                               90262          11/15/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        631           48.32     3YR                                                             0           0           0               0
     1103613522       SFR                               1     OO        PURCHASE              N                            11.225               11.225               86400              86281.03              11/1/2006             10/1/2021                   837.53      180      20     CA                   2/1/2007        Y                 432000                   2          0             837.53                                                                               92027           11/2/2006              2      TB1630_BALLOON                                   0            432000                                 0     100                        677           39.13     3YR                                                             0           0           0               0
     1103613808       D-PUDS                            1     OO        REFI                  N                              11.5                 11.5               30000              29952.28              11/1/2006             10/1/2021                   297.09      180     4.8     CA                   2/1/2007        Y                 625000                   2          0             297.09                                                                               95742          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0    84.8                        653           38.25     3YR                                                             0           0           0               0
     1103613866       CONDO                             1     NOO       REFI                  N                            14.075               14.075               28400              28384.58              12/1/2006             11/1/2021                   338.19      180   17.22     AZ                   2/1/2007        Y                 165000                   2          0             338.19                                                                               85029           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0   87.22                        660           25.86     1YR                                                             0           0           0               0
     1103613902       SFR                               1     NOO       REFI                  Y                                 8                    8              226800                226800               1/1/2007             12/1/2036                     1512      360      70     CA                   2/1/2007        N                 324000                   1          3               1512                                                                               95301           12/7/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             81000      95                        655           49.47     NO-PREPAY                                  12/1/2011            6           3           1               8
     1103613903       SFR                               1     NOO       REFI                  Y                            14.375               14.375               81000              80972.78               1/1/2007             12/1/2021                   983.84      180      25     CA                   2/1/2007        Y                 324000                   2          0             983.84                                                                               95301           12/7/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        655           49.47     NO-PREPAY                                                       0           0           0               0
     1103614092       SFR                               1     NOO       PURCHASE              N                                 7                    7              111755                111755              11/1/2006             10/1/2036                    651.9      360      70     MN                   2/1/2007        N                 172500                   1          3              651.9                                                                               55104            1/4/2007              2      PA0630EI_ARM-INTONLY                             0            159650                             39912      95                        781           39.81     NO-PREPAY                                   4/1/2007            6           1           1               7
     1103614240       CONDO                             1     OO        PURCHASE              N                             12.85                12.85               61900               61855.6              12/1/2006             11/1/2036                   677.49      360      10     FL                   2/1/2007        N                 650000                   2          0             677.49                                                                               33141           11/7/2006              1      TF2630_FIXEDRATE                                 0            619000                                 0      90                        632           35.23     1YR                                                             0           0           0               0
     1103614263       CONDO                             1     OO        REFI                  N                             7.125                7.125              405600                405600              11/1/2006             10/1/2036                  2408.25      360      80     CA                   2/1/2007        N                 507000                   1          3            2408.25                                                                               92688           12/1/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            101400     100                        644           49.87     3YR                                        10/1/2011            6           3           1               3
     1103614274       CONDO                             1     OO        PURCHASE              N                            12.475               12.475               51680              51625.96              11/1/2006             10/1/2021                   550.56      180      20     FL                   2/1/2007        Y                 278000                   2          0             550.56                                                                               33076           11/6/2006              2      TB1630_BALLOON                                   0            258400                                 0     100                        653           37.37     3YR                                                             0           0           0               0
     1103615431       D-PUDS                            1     2ND       PURCHASE              N                             13.75                13.75               70000                 70000              12/1/2006             11/1/2036                   802.08      360      20     NV                   2/1/2007        N                 350000                   2          0             802.08                                                                               89141          11/13/2006              2      TF1630I_FIX-INTONLY                              0            350000                                 0      95                        654           33.98     NO-PREPAY                                                       0           0           0               0
     1103615597       D-PUDS                            1     OO        REFI                  Y                              7.25                 7.25              210750                210750              12/1/2006             11/1/2036                  1273.28      360      75     FL                   2/1/2007        N                 281000                   1          3            1273.28                                                                               32225          11/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             56200      95                        640           46.44     3YR                                        11/1/2011            6           3           1               3
     1103615705       CONDO                             1     OO        PURCHASE              N                              12.5                 12.5               69000              68946.47              12/1/2006             11/1/2021                   736.41      180      20     CA                   2/1/2007        Y                 345000                   2          0             736.41                                                                               92026           11/6/2006              2      TB2630_BALLOON                                   0            349000                                 0     100                        627           47.49     3YR                                                             0           0           0               0
     1103615848       SFR                               1     OO        REFI                  Y                             11.95                11.95               40000              39952.99              11/1/2006             10/1/2021                   409.91      180    7.21     CA                   2/1/2007        Y                 555000                   2          0             409.91                                                                               91010          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0   87.21                        649           39.74     3YR                                                             0           0           0               0
     1103615884       SFR                               1     OO        PURCHASE              N                            13.875               13.875               60039              59981.44              10/1/2006              9/1/2021                   705.45      180      20     NY                   2/1/2007        Y                 320000                   2          0             705.45                                                                               11726          10/30/2006              2      TB2630_BALLOON                                   0            300195                                 0     100                        639           48.92     NO-PREPAY                                                       0           0           0               0
     1103615897       CONDO                             1     NOO       PURCHASE              N                             13.25                13.25               35725              35693.62              11/1/2006             10/1/2021                   402.18      180      25     FL                   2/1/2007        Y                 146000                   2          0             402.18                                                                               33810          11/21/2006              2      TB0630_BALLOON                                   0            142900                                 0      95                        755              26     1YR                                                             0           0           0               0
     1103616014       2-4FAMILY                         2     OO        PURCHASE              N                             11.99                11.99              126000              125853.3              11/1/2006             10/1/2021                  1295.08      180   23.21     CA                   2/1/2007        Y                 560000                   2          0            1295.08                                                                               92025          11/17/2006              2      TB1630_BALLOON                                   0            543000                                 0     100                        663           35.19     NO-PREPAY                                                       0           0           0               0
     1103616325       D-PUDS                            1     OO        REFI                  N                             12.25                12.25               35500               35499.4              11/1/2006             10/1/2036                   362.39      360    9.95     AZ                   2/1/2007        N                 357000                   2          0             362.39                                                                               85323          10/20/2006              2      TF1630I_FIX-INTONLY                              0                 0                                 0    89.5                        647           38.28     3YR                                                             0           0           0               0
     1103616560       SFR                               1     NOO       REFI                  Y                            12.675               12.675               45000              44966.42              12/1/2006             11/1/2021                   486.39      180      25     CA                   2/1/2007        Y                 180000                   2          0             486.39                                                                               93274           11/9/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        660           25.68     3YR                                                             0           0           0               0
     1103616594       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              444000                444000               1/1/2007             12/1/2036                   2682.5      360      80     CA                   2/1/2007        N                 555000                   1        3.5             2682.5                                                                               91335           12/5/2006              2      PA2605EI_ARM-INTONLY                             0            555000                            111000     100                        636           44.22     3YR                                        12/1/2011            6           3           1             3.5
     1103616602       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              111000             110942.88               1/1/2007             12/1/2021                  1184.66      180      20     CA                   2/1/2007        Y                 555000                   2          0            1184.66                                                                               91335           12/5/2006              2      TB2630_BALLOON                                   0            555000                                 0     100                        636           44.22     3YR                                                             0           0           0               0
     1103616655       SFR                               1     NOO       PURCHASE              N                            13.375               13.375               20070              20057.22              12/1/2006             11/1/2021                   227.91      180      18     PA                   2/1/2007        Y                 112000                   2          0             227.91                                                                               18102           11/6/2006              2      TB0630_BALLOON                                   0            111500                                 0      95                        708           47.89     NO-PREPAY                                                       0           0           0               0
     1103616851       CONDO                             1     OO        REFI                  Y                                13                   13               36150              36124.95              12/1/2006             11/1/2021                   399.89      180      15     MD                   2/1/2007        Y                 241000                   2          0             399.89                                                                               20746          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        648            26.6     NO-PREPAY                                                       0           0           0               0
     1103616911       D-PUDS                            1     OO        REFI                  N                            11.675               11.675               36000              35936.82              11/1/2006             10/1/2021                   361.32      180      10     CA                   2/1/2007        Y                 360000                   2          0             361.32                                                                               93561          10/27/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        653           36.68     3YR                                                             0           0           0               0
     1103616945       CONDO                             1     OO        REFI                  Y                             12.85                12.85               28000              27973.06              11/1/2006             10/1/2021                   306.46      180    9.34     CA                   2/1/2007        Y                 300000                   2          0             306.46                                                                               90723          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      84                        643           37.09     3YR                                                             0           0           0               0
     1103617093       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               55700               55633.5              11/1/2006             10/1/2021                   567.58      180      15     CA                   2/1/2007        Y                 388000                   2          0             567.58                                                                               92582           11/2/2006              2      TB0630_BALLOON                                   0            371571                                 0   89.99                        718           30.57     1YR                                                             0           0           0               0
     1103617108       D-PUDS                            1     OO        REFI                  Y                              12.5                 12.5               38000                 38000              11/1/2006             10/1/2021                   395.83      180      10     FL                   2/1/2007        Y                 380000                   2          0             395.83                                                                               33015          10/24/2006              2      TB1630I_BALLOON-INTONLY                          0                 0                                 0      90                        661           18.81     1YR                                                             0           0           0               0
     1103617296       SFR                               1     OO        REFI                  Y                             12.35                12.35               72000              71922.59              11/1/2006             10/1/2021                   760.06      180      20     CA                   2/1/2007        Y                 360000                   2          0             760.06                                                                               92392          11/17/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        655              43     3YR                                                             0           0           0               0
     1103617308       SFR                               1     OO        REFI                  N                              12.2                 12.2               49500              48996.75              12/1/2006             11/1/2021                   503.25      180     9.9     CA                   2/1/2007        Y                 500000                   2          0             503.25                                                                               92591          11/14/2006              1      TB2630I_BALLOON-INTONLY                          0                 0                                 0    89.9                        626           39.99     2YR                                                             0           0           0               0
     1103617361       D-PUDS                            1     OO        REFI                  Y                            11.875               11.875               56200              56149.91              12/1/2006             11/1/2021                   572.68      180      20     FL                   2/1/2007        Y                 281000                   2          0             572.68                                                                               32225          11/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        640           46.44     3YR                                                             0           0           0               0
     1103617417       SFR                               1     OO        REFI                  Y                            11.125               11.125               98500               98361.4              11/1/2006             10/1/2021                   947.35      180      10     CA                   2/1/2007        Y                 985000                   2          0             947.35                                                                               91739          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      85                        672           36.75     3YR                                                             0           0           0               0
     1103617456       CONDO                             1     2ND       PURCHASE              N                             13.29                13.29               40350              40323.78              12/1/2006             11/1/2021                   455.52      180      25     FL                   2/1/2007        Y                 176000                   2          0             455.52                                                                               32822           11/6/2006              2      TB1630_BALLOON                                   0            161400                                 0      95                        675              45     NO-PREPAY                                                       0           0           0               0
     1103617470       SFR                               1     NOO       REFI                  Y                             12.95                12.95              108000             107924.25              12/1/2006             11/1/2021                  1190.48      180      20     CA                   2/1/2007        Y                 540000                   2          0            1190.48                                                                               94531          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        672           41.98     3YR                                                             0           0           0               0
     1103617514       SFR                               1     2ND       REFI                  Y                            10.875               10.875              111250             111084.69              11/1/2006             10/1/2021                  1048.97      180      25     AZ                   2/1/2007        Y                 445000                   2          0            1048.97                                                                               85259          10/30/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        701           49.95     1YR                                                             0           0           0               0
     1103617752       D-PUDS                            1     OO        PURCHASE              N                              12.7                 12.7              155598             155482.57              12/1/2006             11/1/2021                  1684.82      180      20     CA                   2/1/2007        Y                 778000                   2          0            1684.82                                                                               91350           11/2/2006              2      TB2630_BALLOON                                   0            777990                                 0     100                        628           47.73     1YR                                                             0           0           0               0
     1103618392       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              332000                332000              10/1/2006              9/1/2036                  2005.83      360      80     NJ                   2/1/2007        N                 415000                   1       2.25            2005.83                                                                               07438          10/31/2006              1      XA0605DI_ARM-INTONLY                             0            415000                             83000     100                        688              55     NO-PREPAY                                   9/1/2011            5           5           2            2.25
     1103618752       SFR                               1     OO        REFI                  Y                             11.25                11.25               55700              55555.31              12/1/2006             11/1/2021                   540.99      180      10     CA                   2/1/2007        Y                 557000                   2          0             540.99                                                                               92801          10/18/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        676           37.97     3YR                                                             0           0           0               0
     1103618857       D-PUDS                            1     NOO       PURCHASE              N                                13                   13              153000             152857.75              11/1/2006             10/1/2021                  1692.49      180   21.55     FL                   2/1/2007        Y                 725000                   2          0            1692.49                                                                               32836           11/3/2006              2      TB0630_BALLOON                                   0            710000                                 0   91.55                        681           46.92     2YR                                                             0           0           0               0
     1103618970       CONDO                             1     OO        PURCHASE              N                             12.25                12.25               47000              46961.45              12/1/2006             11/1/2021                   492.51      180   19.97     CA                   2/1/2007        Y                 255000                   2          0             492.51                                                                               92551          10/31/2006              2      TB2630_BALLOON                                   0            235356                                 0   99.96                        623           48.62     3YR                                                             0           0           0               0
     1103619005       SFR                               1     NOO       REFI                  N                            12.875               12.875               24150              24132.78              12/1/2006             11/1/2021                   264.79      180      15     UT                   2/1/2007        Y                 161000                   2          0             264.79                                                                               84405          10/31/2006              1      TB0630_BALLOON                                   0                 0                                 0      90                        741              38     NO-PREPAY                                                       0           0           0               0
     1103619443       SFR                               1     NOO       REFI                  Y                            13.175               13.175               59800              59760.12              12/1/2006             11/1/2021                    669.7      180      20     CA                   2/1/2007        Y                 299000                   2          0              669.7                                                                               95219           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        655           40.54     3YR                                                             0           0           0               0
     1103619475       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              288000                288000               1/1/2007             12/1/2036                     1620      360      80     CA                   2/1/2007        N                 375000                   1          3               1620                                                                               92308           12/8/2006              8      SA0605EI_ARM-INTONLY                             0            360000                             72000     100                        731               0     1YR                                        12/1/2011            6           3           1               3
     1103619548       D-PUDS                            1     NOO       PURCHASE              N                              12.8                 12.8               27000              26980.41              12/1/2006             11/1/2021                   294.46      180      10     FL                   2/1/2007        Y                 270000                   2          0             294.46                                                                               33321           11/2/2006              2      TB1630_BALLOON                                   0            270000                                 0      90                        656           33.55     2YR                                                             0           0           0               0
     1103619600       PUD                               1     NOO       PURCHASE              N                            14.475               14.475               24000              23988.09              12/1/2006             11/1/2021                   293.42      180      20     MN                   2/1/2007        Y                 148000                   2          0             293.42                                                                               55387          11/22/2006              2      TB1630_BALLOON                                   0            120003                                 0      95                        671           34.12     NO-PREPAY                                                       0           0           0               0
     1103619615       SFR                               1     OO        PURCHASE              N                            12.475               12.475               38400              38368.17              12/1/2006             11/1/2021                   409.09      180      20     AZ                   2/1/2007        Y                 224000                   2          0             409.09                                                                               86323           11/2/2006              2      TB2630_BALLOON                                   0            192000                                 0     100                        623           37.14     3YR                                                             0           0           0               0
     1103619725       SFR                               1     OO        PURCHASE              N                             12.85                12.85              237500             237329.65              12/1/2006             11/1/2021                  2599.41      180      25     CA                   2/1/2007        Y                 950000                   2          0            2599.41                                                                               92020           11/9/2006              2      TB2630_BALLOON                                   0            950000                                 0     100                        635           48.96     3YR                                                             0           0           0               0
     1103619744       SFR                               1     OO        REFI                  Y                              11.6                 11.6               61500              61441.75              12/1/2006             11/1/2021                   613.73      180      10     CA                   2/1/2007        Y                 615000                   2          0             613.73                                                                               92804           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        661           37.97     3YR                                                             0           0           0               0
     1103619793       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               43200              43164.57              12/1/2006             11/1/2021                   452.69      180      20     FL                   2/1/2007        Y                 228000                   2          0             452.69                                                                               34420          11/16/2006              2      TB0630_BALLOON                                   0            216085                                 0   94.99                        713           38.48     1YR                                                             0           0           0               0
     1103619816       CONDO                             1     NOO       PURCHASE              N                            12.125               12.125               31350              31323.57              12/1/2006             11/1/2021                   325.49      180      25     FL                   2/1/2007        Y                 128000                   2          0             325.49                                                                               32822          10/20/2006              1      TB0630_BALLOON                                   0            125400                                 0      95                        736              45     NO-PREPAY                                                       0           0           0               0
     1103619893       SFR                               1     NOO       REFI                  Y                              13.5                 13.5               38600              38576.09              12/1/2006             11/1/2021                   442.13      180      20     CA                   2/1/2007        Y                 193000                   2          0             442.13                                                                               93308          11/16/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        669           43.45     1YR                                                             0           0           0               0
     1103619924       SFR                               1     OO        REFI                  Y                             12.55                12.55               25001              24981.81              12/1/2006             11/1/2021                    267.8      180   17.86     IL                   2/1/2007        Y                 140000                   2          0              267.8                                                                               61108           12/1/2006              2      TB2630_BALLOON                                   0                 0                                 0      90                        625           44.75     NO-PREPAY                                                       0           0           0               0
     1103619962       2-4FAMILY                         4     OO        PURCHASE              N                              7.75                 7.75              511120             511119.98               2/1/2007              1/1/2037                  3300.98      360      80     CA                   2/1/2007        N                 639000                   1          3            3300.98                                                                               92374          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            638900                            127780     100                        677           47.94     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103620131       SFR                               1     OO        REFI                  Y                             9.875                9.875              215000             214537.51              11/1/2006             10/1/2021                  1866.95      180      25     CA                   2/1/2007        Y                 860000                   2          0            1866.95                                                                               92882          10/18/2006              1      TB0630_BALLOON                                   0                 0                                 0      95                        682           40.94     3YR                                                             0           0           0               0
     1103620139       2-4FAMILY                         4     OO        PURCHASE              N                             9.375                9.375              168000             167743.49              12/1/2006             11/1/2036                  1397.34      360      80     NH                   2/1/2007        N                 210000                   1          3            1397.34                                                                               03263          12/22/2006              2      PA1605E_ARM                                      0            210000                             42000     100                        644           48.79     NO-PREPAY                                  11/1/2011            6           3           1               3
     1103620148       SFR                               1     NOO       REFI                  Y                             5.875                5.875              324000             323004.15              12/1/2006             11/1/2036                  1916.58      360   56.35     CA                   2/1/2007        N                 575000                   1          0            1916.58                                                                               94044          12/20/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   56.35                        738           51.95     3YR                                                             0           0           0               0
     1103620162       D-PUDS                            1     OO        PURCHASE              N                              6.75                 6.75              472500                472500              12/1/2006             11/1/2036                  2657.81      360      75     CA                   2/1/2007        N                 630000                   1          3            2657.81                                                                               92691           12/5/2006              2      PA0605EI_ARM-INTONLY                             0            630000                            157500     100                        746           48.76     3YR                                        11/1/2011            6           3           1               3
     1103620213       SFR                               1     NOO       REFI                  Y                              12.6                 12.6               27750              27728.95              12/1/2006             11/1/2021                   298.32      180      15     CO                   2/1/2007        Y                 185000                   2          0             298.32                                                                               80226          10/31/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        701           38.19     NO-PREPAY                                                       0           0           0               0
     1103620452       SFR                               1     OO        REFI                  Y                                13                   13               29000              28993.37              11/1/2006             10/1/2021                   314.17      180      10     NV                   2/1/2007        Y                 290000                   2          0             314.17                                                                               89081          10/30/2006              2      TB1630I_BALLOON-INTONLY                          0                 0                                 0      90                        654           39.58     3YR                                                             0           0           0               0
     1103620463       PUD                               1     NOO       REFI                  Y                             6.875                6.875              200000             199322.09              11/1/2006             10/1/2036                  1313.86      360      54     NC                   2/1/2007        N                 370370                   1          0            1313.86                                                                               27516          10/30/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      54                        765           29.17     NO-PREPAY                                                       0           0           0               0
     1103620555       SFR                               1     NOO       REFI                  Y                             8.375                8.375               59200              59051.28              11/1/2006             10/1/2036                   449.96      360      80     MD                   2/1/2007        N                  74000                   1          0             449.96                                                                               21223          10/30/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        755           21.45     NO-PREPAY                                                       0           0           0               0
     1103620747       PUD                               1     NOO       PURCHASE              N                                 8                    8              115735             115341.53              10/1/2006              9/1/2036                   849.22      360      80     NC                   2/1/2007        N                 144669                   1          0             849.22                                                                               27560          12/22/2006              2      PF0630_FIXEDRATE                                 0            144669                                 0      80                        786           29.66     NO-PREPAY                                                       0           0           0               0
     1103620877       SFR                               1     OO        PURCHASE              N                             7.375                7.375              156000             148675.57              11/1/2006             10/1/2036                  1077.45      360      80     PA                   2/1/2007        N                 195000                   1          0            1077.45                                                                               19611           12/6/2006             12      SF1630_FIXEDRATE                                 0            195000                             29250      95                        709               0     NO-PREPAY                                                       0           0           0               0
     1103621086       SFR                               1     OO        REFI                  Y                              6.75                 6.75              275000             273802.78              10/1/2006              9/1/2036                  1783.64      360   79.72     CA                   2/1/2007        N                 345000                   1          0            1783.64                                                                               95632           12/6/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   79.72                        781          39.636     NO-PREPAY                                                       0           0           0               0
     1103621173       SFR                               1     NOO       REFI                  Y                             8.375                8.375               42000              41999.55              11/1/2006             10/1/2036                   293.13      360      80     MD                   2/1/2007        N                  52500                   1          0             293.13                                                                               21223          11/22/2006              2      BF0230I_FIX-INTONLY                              0                 0                                 0      80                        713           12.18     NO-PREPAY                                                       0           0           0               0
     1103621188       SFR                               1     OO        PURCHASE              N                             7.125                7.125               55920                 55920              10/1/2006              9/1/2036                   332.03      360      80     LA                   2/1/2007        N                  69900                   1          0             332.03                                                                               70544           12/6/2006              1      PF1630I_FIX-INTONLY                              0             69900                             13980     100                        654          44.409     NO-PREPAY                                                       0           0           0               0
     1103621202       SFR                               1     NOO       REFI                  N                               7.5                  7.5               63600                 63600              10/1/2006              9/1/2036                    397.5      360      80     PA                   2/1/2007        N                  79500                   1          0              397.5                                                                               15204           12/6/2006             16      PF1630I_FIX-INTONLY                              0                 0                                 0      80                        665          49.772     NO-PREPAY                                                       0           0           0               0
     1103621235       2-4FAMILY                         2     NOO       PURCHASE              N                              7.25                 7.25               86000                 86000              11/1/2006             10/1/2036                   519.58      360      80     NC                   2/1/2007        N                 107500                   1          0             519.58                                                                               28412          10/30/2006              2      PF0630I_FIX-INTONLY                              0            107500                                 0      80                        745           48.85     NO-PREPAY                                                       0           0           0               0
     1103621922       SFR                               1     OO        PURCHASE              N                             7.875                7.875              347200                347200              10/1/2006              9/1/2036                   2278.5      360      80     NV                   2/1/2007        N                 434000                   1          0             2278.5                                                                               89061          12/22/2006              2      PF2630I_FIX-INTONLY                              0            434000                             86800     100                        638           38.97     NO-PREPAY                                                       0           0           0               0
     1103622102       SFR                               1     NOO       PURCHASE              N                              11.6                 11.6               57000              56946.02              12/1/2006             11/1/2021                   568.82      180      15     CA                   2/1/2007        Y                 400000                   2          0             568.82                                                                               91744          11/14/2006              2      TB0630_BALLOON                                   0            380000                                 0      95                        787           41.51     5YR                                                             0           0           0               0
     1103622128       SFR                               1     OO        REFI                  Y                            13.225               13.225               60000              59960.45              12/1/2006             11/1/2021                   674.29      180      30     MD                   2/1/2007        Y                 200000                   2          0             674.29                                                                               21221           11/9/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        625           40.14     NO-PREPAY                                                       0           0           0               0
     1103622163       SFR                               1     OO        PURCHASE              N                            12.625               12.625               75000              74924.19              11/1/2006             10/1/2021                   807.72      180      20     CA                   2/1/2007        Y                 399000                   2          0             807.72                                                                               92583           11/2/2006              2      TB2630_BALLOON                                   0            375000                                 0     100                        624           37.76     3YR                                                             0           0           0               0
     1103622192       SFR                               1     OO        REFI                  Y                                12                   12               44000              43961.85              12/1/2006             11/1/2021                   452.59      180    9.17     CA                   2/1/2007        Y                 480000                   2          0             452.59                                                                               92562          11/15/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.17                        646            39.8     NO-PREPAY                                                       0           0           0               0
     1103622203       SFR                               1     NOO       PURCHASE              N                              9.25                 9.25              118000                118000               1/1/2007             12/1/2036                   909.58      360      80     WA                   2/1/2007        N                 148000                   1        2.5             909.58                                                                               98370          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            147500                             22125      95                        681           32.22     NO-PREPAY                                  12/1/2011            6           3           1             2.5
     1103622220       SFR                               1     NOO       PURCHASE              N                              13.6                 13.6               22125              22116.13               1/1/2007             12/1/2021                   255.16      180      15     WA                   2/1/2007        Y                 148000                   2          0             255.16                                                                               98370          12/29/2006              2      TB0630_BALLOON                                   0            147500                                 0      95                        681              48     NO-PREPAY                                                       0           0           0               0
     1103622272       SFR                               1     NOO       PURCHASE              N                            12.125               12.125               41300              41265.16              12/1/2006             11/1/2021                    428.8      180      15     FL                   2/1/2007        Y                 276000                   2          0              428.8                                                                               33972          11/10/2006              2      TB0630_BALLOON                                   0            275400                                 0   89.64                        704           36.19     1YR                                                             0           0           0               0
     1103622302       SFR                               1     OO        REFI                  Y                             12.25                12.25               62200              62131.64              11/1/2006             10/1/2021                   651.79      180      10     NV                   2/1/2007        Y                 622000                   2          0             651.79                                                                               89502          10/24/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        668           37.28     3YR                                                             0           0           0               0
     1103622305       TOWNHOUSE                         1     NOO       PURCHASE              N                                12                   12               35800              35768.97              12/1/2006             11/1/2021                   368.24      180      20     MS                   2/1/2007        Y                 189900                   2          0             368.24                                                                               39507          10/30/2006              2      TB0630_BALLOON                                   0            179000                                 0      90                        786           38.16     NO-PREPAY                                                       0           0           0               0
     1103622330       CONDO                             1     OO        PURCHASE              N                             13.55                13.55               84000              83938.82              12/1/2006             11/1/2021                   965.46      180      30     NJ                   2/1/2007        Y                 285000                   2          0             965.46                                                                               07030           11/2/2006              2      TB2630_BALLOON                                   0            280000                                 0     100                        635           45.69     NO-PREPAY                                                       0           0           0               0
     1103622417       SFR                               1     NOO       PURCHASE              N                            11.975               11.975               44500              44474.26               1/1/2007             12/1/2021                   456.88      180      10     CA                   2/1/2007        Y                 455000                   2          0             456.88                                                                               90731          11/27/2006              2      TB0630_BALLOON                                   0            445000                                 0      90                        712           42.45     1YR                                                             0           0           0               0
     1103622448       SFR                               1     NOO       REFI                  Y                             8.375                8.375              147000                147000              12/1/2006             11/1/2036                  1025.94      360      70     CO                   2/1/2007        N                 210000                   1          3            1025.94                                                                               80234          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             52500      95                        669           42.48     NO-PREPAY                                  11/1/2011            6           3           1           8.375
     1103622449       SFR                               1     NOO       REFI                  Y                             13.85                13.85               52500              52469.98              12/1/2006             11/1/2021                   615.83      180      25     CO                   2/1/2007        Y                 210000                   2          0             615.83                                                                               80234          12/21/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        669           42.48     NO-PREPAY                                                       0           0           0               0
     1103622512       SFR                               1     NOO       PURCHASE              N                            12.475               12.475               37700              37670.57              12/1/2006             11/1/2021                   401.63      180      25     VA                   2/1/2007        Y                 160000                   2          0             401.63                                                                               24015           11/2/2006              2      TB0630_BALLOON                                   0            150800                                 0      95                        681           35.86     NO-PREPAY                                                       0           0           0               0
     1103622529       SFR                               1     OO        REFI                  Y                              6.75                 6.75              400000             399506.95              12/1/2006             11/1/2036                  2413.43      360   59.71     CA                   2/1/2007        Y                 670000                   1          3            2413.43                                                                               92024          11/30/2006              2      PL3605E_ARM-BALLOON                              0                 0                                 0   59.71                        609           44.61     2YR                                        11/1/2011            6           3           1               3
     1103622567       SFR                               1     OO        PURCHASE              N                             11.25                11.25               33500              33389.09              12/1/2006             11/1/2021                   325.37      180      10     FL                   2/1/2007        Y                 350000                   2          0             325.37                                                                               33319          10/23/2006              2      TB1630_BALLOON                                   0            335000                                 0      90                        668           39.92     3YR                                                             0           0           0               0
     1103622604       2-4FAMILY                         3     OO        PURCHASE              N                              12.6                 12.6              141000             140817.26              12/1/2006             11/1/2021                  1515.78      180      20     CA                   2/1/2007        Y                 705000                   2          0            1515.78                                                                               90602          11/10/2006              2      TB1630_BALLOON                                   0            705000                                 0     100                        672           48.39     3YR                                                             0           0           0               0
     1103622620       2-4FAMILY                         2     NOO       PURCHASE              N                               7.5                  7.5              107143             106875.58              12/1/2006             11/1/2036                   749.16      360   75.01     VA                   2/1/2007        N                 168000                   1          3             749.16                                                                               23502          11/28/2006              2      PA0605E_ARM                                      0            142857                             28571      95                        683           41.84     3YR                                        11/1/2011            6           3           1             7.5
     1103622621       2-4FAMILY                         2     NOO       PURCHASE              N                              12.3                 12.3               28571              28534.43              12/1/2006             11/1/2021                    300.5      180      20     VA                   2/1/2007        Y                 168000                   2          0              300.5                                                                               23502          11/28/2006              2      TB0630_BALLOON                                   0            142857                                 0      95                        683           41.84     3YR                                                             0           0           0               0
     1103622633       CONDO                             1     NOO       REFI                  Y                             12.75                12.75               40000              39970.65              12/1/2006             11/1/2021                   434.68      180      20     FL                   2/1/2007        Y                 200000                   2          0             434.68                                                                               33012           11/9/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        709           48.44     1YR                                                             0           0           0               0
     1103622810       CONDO                             1     2ND       PURCHASE              N                            13.525               13.525               52500              52467.66              12/1/2006             11/1/2021                   602.38      180      25     FL                   2/1/2007        Y                 210000                   2          0             602.38                                                                               34741           11/2/2006              2      TB2630_BALLOON                                   0            210000                                 0      95                        637           41.87     3YR                                                             0           0           0               0
     1103622858       SFR                               1     NOO       REFI                  N                               6.5                  6.5              112000             111796.95               1/1/2007             12/1/2036                   707.92      360   67.88     CA                   2/1/2007        N                 165000                   1          0             707.92                                                                               92243          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   67.88                        688           34.45     2YR                                                             0           0           0               0
     1103622866       SFR                               1     NOO       PURCHASE              N                             12.99                12.99               27500               27426.3             11/16/2006            10/16/2026                   321.99      240      25     SC                  1/16/2007        N                 110000                   2          0             321.99                                                                               29642           11/9/2006              2      TF0620_FIXEDRATE                                 0            110000                                 0      95                        689           38.35     NO-PREPAY                                                       0           0           0               0
     1103622877       D-PUDS                            1     OO        REFI                  Y                              12.5                 12.5               30600              30576.27              12/1/2006             11/1/2036                   326.58      360      10     AZ                   2/1/2007        N                 306000                   2          0             326.58                                                                               85323           11/1/2006              2      TF1630_FIXEDRATE                                 0                 0                                 0      90                        653           39.45     NO-PREPAY                                                       0           0           0               0
     1103622927       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              252000                252000              12/1/2006             11/1/2036                  1601.25      360      80     CA                   2/1/2007        N                 385000                   1          3            1601.25                                                                               90706          11/21/2006              2      PA0605EI_ARM-INTONLY                             0            315000                             47250      95                        756           26.65     NO-PREPAY                                  11/1/2011            6           3           1               3
     1103622928       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               47250              47211.24              12/1/2006             11/1/2021                   495.13      180      15     CA                   2/1/2007        Y                 385000                   2          0             495.13                                                                               90706          11/10/2006              2      TB0630_BALLOON                                   0            315000                                 0      95                        756              23     NO-PREPAY                                                       0           0           0               0
     1103623038       SFR                               1     OO        REFI                  Y                              12.5                 12.5               57500              56871.56              12/1/2006             11/1/2021                   613.67      180      10     CA                   2/1/2007        Y                 575000                   2          0             613.67                                                                               91331          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        652           39.27     3YR                                                             0           0           0               0
     1103623102       2-4FAMILY                         2     NOO       PURCHASE              N                              13.8                 13.8               37500                 37416              12/1/2006             11/1/2021                    438.4      180      25     FL                   2/1/2007        Y                 150600                   2          0              438.4                                                                               34476           11/8/2006              2      TB1630_BALLOON                                   0            150000                                 0      95                        677           29.31     1YR                                                             0           0           0               0
     1103623219       D-PUDS                            1     OO        PURCHASE              N                            13.275               13.275               79380              79328.25              12/1/2006             11/1/2021                    895.2      180      20     MO                   2/1/2007        Y                 405000                   2          0              895.2                                                                               64139           11/9/2006              2      TB2630_BALLOON                                   0            396900                                 0     100                        630           44.78     NO-PREPAY                                                       0           0           0               0
     1103623222       SFR                               1     OO        PURCHASE              N                             12.25                12.25              111800             111708.29              12/1/2006             11/1/2021                  1171.55      180      20     WA                   2/1/2007        Y                 560000                   2          0            1171.55                                                                               98126           11/2/2006              2      TB1630_BALLOON                                   0            559000                                 0     100                        660           45.13     NO-PREPAY                                                       0           0           0               0
     1103623293       D-PUDS                            1     OO        PURCHASE              N                            12.875               12.875              117000             116916.56              12/1/2006             11/1/2021                  1282.83      180      20     AZ                   2/1/2007        Y                 595000                   2          0            1282.83                                                                               85255           11/7/2006              2      TB1630_BALLOON                                   0            585000                                 0     100                        650           38.41     NO-PREPAY                                                       0           0           0               0
     1103623297       SFR                               1     OO        PURCHASE              N                            11.875               11.875               61000              60945.64              12/1/2006             11/1/2021                   621.59      180      20     FL                   2/1/2007        Y                 305000                   2          0             621.59                                                                               33024           11/3/2006              2      TB1630_BALLOON                                   0            305000                                 0     100                        670           39.74     2YR                                                             0           0           0               0
     1103623305       SFR                               1     OO        REFI                  N                              5.75                 5.75              516000             513532.59              12/1/2006             11/1/2036                  3011.24      360   77.25     TN                   2/1/2007        N                 668000                   1          0            3011.24                                                                               37205           12/1/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   77.25                        788           21.77     5YR                                                             0           0           0               0
     1103623336       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              127400                127400               2/1/2007              1/1/2037                    729.9      360   74.99     MS                   2/1/2007        N                 170000                   1          3              729.9                                                                               39503          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            169900                             25400   89.94                        709           36.98     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103623600       PUD                               1     NOO       REFI                  Y                             12.99                12.99              165500             165384.97              12/1/2006             11/1/2021                  1829.47      180      25     MD                   2/1/2007        Y                 662000                   2          0            1829.47                                                                               21704           11/2/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        692           45.35     NO-PREPAY                                                       0           0           0               0
     1103623632       D-PUDS                            1     NOO       PURCHASE              N                             11.35                11.35              106250             106143.73              12/1/2006             11/1/2021                  1040.04      180      25     CA                   2/1/2007        Y                 440000                   2          0            1040.04                                                                               95425          10/27/2006              2      TB0630_BALLOON                                   0            425000                                 0      95                        748           43.79     3YR                                                             0           0           0               0
     1103623674       SFR                               1     OO        REFI                  Y                            12.625               12.625              183700             183561.42              12/1/2006             11/1/2021                  1978.39      180   24.34     CA                   2/1/2007        Y                 755000                   2          0            1978.39                                                                               95124          11/10/2006              2      TB2630_BALLOON                                   0                 0                                 0   99.34                        630           42.96     3YR                                                             0           0           0               0
     1103623692       CONDO                             1     NOO       PURCHASE              N                              12.5                 12.5               41725              41703.54               1/1/2007             12/1/2021                   445.31      180      25     FL                   2/1/2007        Y                 173000                   2          0             445.31                                                                               33810          12/26/2006              2      TB0630_BALLOON                                   0            166900                                 0      95                        798              44     1YR                                                             0           0           0               0
     1103623733       D-PUDS                            1     OO        PURCHASE              N                             6.625                6.625              253000                253000               1/1/2007             12/1/2036                  1396.77      360   74.99     AZ                   2/1/2007        N                 345000                   1          3            1396.77                                                                               85323          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            337389                             84300   99.98                        684           45.57     3YR                                        12/1/2011            6           3           1               3
     1103623771       CONDO                             1     NOO       REFI                  N                              5.75                 5.75              227000                227000               1/1/2007             12/1/2036                  1087.71      360   67.77     CA                   2/1/2007        N                 335000                   1          3            1087.71                                                                               91941          11/30/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             74000   89.86                        759           35.49     3YR                                        12/1/2009            6           3           1               3
     1103623807       D-PUDS                            1     NOO       PURCHASE              N                             12.99                12.99               68750              68702.21              12/1/2006             11/1/2021                   759.98      180      25     AZ                   2/1/2007        Y                 276000                   2          0             759.98                                                                               85323           11/9/2006              2      TB1630_BALLOON                                   0            275000                                 0      95                        665           38.24     3YR                                                             0           0           0               0
     1103623883       SFR                               1     OO        REFI                  N                             5.875                5.875              580000                580000              12/1/2006             11/1/2036                  2839.58      360   68.24     CA                   2/1/2007        N                 850000                   1          0            2839.58                                                                               94531          11/17/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   68.24                        778           36.83     NO-PREPAY                                                       0           0           0               0
     1103623895       CONDO                             1     OO        PURCHASE              N                            12.975               12.975               35000              34983.81               1/1/2007             12/1/2021                   386.49      180      20     FL                   2/1/2007        Y                 175000                   2          0             386.49                                                                               33313          11/16/2006              2      TB2630_BALLOON                                   0            175000                                 0     100                        636           40.59     3YR                                                             0           0           0               0
     1103623896       SFR                               1     OO        PURCHASE              N                              5.99                 5.99              446900             446006.29               1/1/2007             12/1/2036                  2676.52      360      80     CA                   2/1/2007        N                 565000                   1          3            2676.52                                                                               92374          11/30/2006              2      PA1605E_ARM                                      0            558664                             55800   89.99                        678            45.1     1YR                                        12/1/2011            6           3           1               3
     1103623918       SFR                               1     OO        REFI                  Y                                12                   12               20000                 20000              12/1/2006             11/1/2021                      200      180       8     CA                   2/1/2007        Y                 250000                   2          0                200                                                                               93555          10/27/2006              2      TB1630I_BALLOON-INTONLY                          0                 0                                 0      88                        679           36.16     3YR                                                             0           0           0               0
     1103623958       SFR                               1     OO        PURCHASE              N                             7.125                7.125              304000                304000              12/1/2006             11/1/2036                     1805      360      80     CA                   2/1/2007        N                 390000                   1        3.5               1805                                                                               92407          11/27/2006              2      PA1605EI_ARM-INTONLY                             0            380000                             76000     100                        652           43.23     3YR                                        11/1/2011            6           3           1             3.5
     1103623967       D-PUDS                            1     OO        REFI                  N                             6.375                6.375              468000                468000               1/1/2007             12/1/2036                  2486.25      360   74.65     CA                   2/1/2007        N                 627000                   1          3            2486.25                                                                               91915          11/30/2006              7      SA1607EI_ARM-INTONLY                             0                 0                             90000      89                        687               0     NO-PREPAY                                  12/1/2013            6           3           1               3
     1103624006       D-PUDS                            1     OO        REFI                  Y                              5.75                 5.75              705000                705000              12/1/2006             11/1/2036                  3378.13      360      60     CA                   2/1/2007        N                1175000                   1          0            3378.13                                                                               92833          11/13/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      60                        777              40     3YR                                                             0           0           0               0
     1103624018       SFR                               1     OO        REFI                  Y                              5.75                 5.75              500000                500000               1/1/2007             12/1/2036                  2395.83      360   58.83     CA                   2/1/2007        N                 850000                   1       3.25            2395.83                                                                               92110            1/3/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   58.83                        684           42.24     2YR                                        12/1/2011            6           3           1            3.25
     1103624031       D-PUDS                            1     OO        PURCHASE              N                             7.125                7.125              664150                664150               1/1/2007             12/1/2036                  3943.39      360      80     CA                   2/1/2007        N                 831000                   1          3            3943.39                                                                               92009          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            830233                            166000   99.99                        693           47.77     1YR                                        12/1/2011            6           3           1               3
     1103624034       SFR                               1     OO        PURCHASE              N                            12.975               12.975               57000              56960.25              12/1/2006             11/1/2021                   629.42      180      20     FL                   2/1/2007        Y                 310000                   2          0             629.42                                                                               33063           11/1/2006              2      TB2630_BALLOON                                   0            285000                                 0     100                        622              42     3YR                                                             0           0           0               0
     1103624055       D-PUDS                            1     NOO       PURCHASE              N                               7.5                  7.5              284000                284000              12/1/2006             11/1/2036                     1775      360      80     CA                   2/1/2007        N                 355000                   1          3               1775                                                                               91384            1/3/2007              2      PA0605EI_ARM-INTONLY                             0            355000                             53250      95                        706           40.42     3YR                                        11/1/2011            6           3           1               3
     1103624115       SFR                               1     OO        PURCHASE              N                             11.99                11.99              100000              99913.12              12/1/2006             11/1/2021                  1027.84      180      25     CA                   2/1/2007        Y                 400000                   2          0            1027.84                                                                               91010          11/17/2006              2      TB1630_BALLOON                                   0            400000                                 0     100                        649            43.3     3YR                                                             0           0           0               0
     1103624200       CONDO                             1     NOO       PURCHASE              N                                14                   14               41250               41227.2              12/1/2006             11/1/2021                   488.76      180      15     FL                   2/1/2007        Y                 275000                   2          0             488.76                                                                               33183          11/15/2006              2      TB1630_BALLOON                                   0            275000                                 0      90                        676           28.62     1YR                                                             0           0           0               0
     1103624250       SFR                               1     NOO       PURCHASE              N                            11.675               11.675               52500              52451.08              12/1/2006             11/1/2021                   526.93      180      25     MD                   2/1/2007        Y                 230000                   2          0             526.93                                                                               21207           11/9/2006              2      TB0630_BALLOON                                   0            210000                                 0      95                        690           32.22     NO-PREPAY                                                       0           0           0               0
     1103624323       SFR                               1     OO        REFI                  Y                              12.5                 12.5               90000              89930.16              12/1/2006             11/1/2021                   960.54      180      30     CA                   2/1/2007        Y                 300000                   2          0             960.54                                                                               93560          11/16/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        638           41.79     3YR                                                             0           0           0               0
     1103624327       SFR                               1     OO        REFI                  Y                              12.9                 12.9               89000              88936.87              12/1/2006             11/1/2021                   977.57      180      20     FL                   2/1/2007        Y                 445000                   2          0             977.57                                                                               33196          11/10/2006              2      TB2630_BALLOON                                   0                 0                                 0      95                        631           42.46     NO-PREPAY                                                       0           0           0               0
     1103624329       SFR                               1     OO        PURCHASE              N                              13.5                 13.5               87980              87925.53              12/1/2006             11/1/2021                  1007.73      180      20     NJ                   2/1/2007        Y                 440000                   2          0            1007.73                                                                               08721           11/6/2006              2      TB1630_BALLOON                                   0            439900                                 0     100                        640           49.77     NO-PREPAY                                                       0           0           0               0
     1103624510       SFR                               1     NOO       PURCHASE              N                            13.575               13.575               22200               22186.5              12/1/2006             11/1/2021                   255.59      180      15     FL                   2/1/2007        Y                 148000                   2          0             255.59                                                                               32211          11/10/2006              2      TB1630_BALLOON                                   0            148000                                 0      95                        648           29.78     3YR                                                             0           0           0               0
     1103624624       SFR                               1     OO        REFI                  N                             5.625                5.625              567200                567200               1/1/2007             12/1/2036                  2658.75      360   79.89     CA                   2/1/2007        N                 710000                   1          3            2658.75                                                                               91304          12/20/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0   79.89                        732               0     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103624640       SFR                               1     OO        REFI                  Y                              6.99                 6.99              451000                451000               1/1/2007             12/1/2036                  2627.08      360   79.97     CA                   2/1/2007        N                 564000                   1          3            2627.08                                                                               91765          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.97                        641           46.68     1YR                                        12/1/2011            6           3           1               3
     1103624676       SFR                               1     NOO       PURCHASE              N                             6.625                6.625             1495000               1495000              12/1/2006             11/1/2036                  8253.65      360      65     CA                   2/1/2007        N                2300000                   1          3            8253.65                                                                               91789          12/14/2006              2      PA0605EI_ARM-INTONLY                             0           2600000                            225000   74.79                        742           35.19     3YR                                        11/1/2011            6           3           1               3
     1103624683       SFR                               1     NOO       REFI                  Y                              13.3                 13.3               63000              62492.49              12/1/2006             11/1/2021                   711.71      180      20     CA                   2/1/2007        Y                 315000                   2          0             711.71                                                                               92240          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        644           28.99     3YR                                                             0           0           0               0
     1103624697       SFR                               1     OO        PURCHASE              N                            11.975               11.975              117600             117497.46              12/1/2006             11/1/2021                  1207.39      180      20     CA                   2/1/2007        Y                 590000                   2          0            1207.39                                                                               91792           11/8/2006              2      TB1630_BALLOON                                   0            588000                                 0     100                        654           40.86     3YR                                                             0           0           0               0
     1103624732       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              183750                183750              12/1/2006             11/1/2036                  1052.73      360      70     MN                   2/1/2007        N                 270000                   1          3            1052.73                                                                               55398          11/28/2006              2      PA1605EI_ARM-INTONLY                             0            262500                             65625      95                        656           41.39     3YR                                        11/1/2011            6           3           1           6.875
     1103624739       CONDO                             1     NOO       PURCHASE              N                               6.5                  6.5              243600                243600              12/1/2006             11/1/2036                   1319.5      360      70     MN                   2/1/2007        N                 348000                   1          3             1319.5                                                                               55330          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            348000                             87000      95                        686           40.72     3YR                                        11/1/2011            6           3           1             6.5
     1103624740       CONDO                             1     NOO       PURCHASE              N                              13.1                 13.1               87000              86941.01              12/1/2006             11/1/2021                    969.2      180      25     MN                   2/1/2007        Y                 348000                   2          0              969.2                                                                               55330          11/28/2006              2      TB0630_BALLOON                                   0            348000                                 0      95                        686           40.72     NO-PREPAY                                                       0           0           0               0
     1103624792       SFR                               1     OO        REFI                  N                               6.5                  6.5              543750             543724.17              12/1/2006             11/1/2036                  2945.31      360      75     CA                   2/1/2007        N                 725000                   1       2.25            2945.31                                                                               94015           12/6/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            143000   94.73                        685           42.19     NO-PREPAY                                  11/1/2011            6           3           1            2.25
     1103624821       SFR                               1     OO        PURCHASE              N                             5.875                5.875              416000                416000               1/1/2007             12/1/2036                  2036.67      360      80     CA                   2/1/2007        N                 520000                   1          3            2036.67                                                                               90043          11/20/2006              1      PA1605EI_ARM-INTONLY                             0            520000                            104000     100                        673           37.19     3YR                                        12/1/2011            6           3           1               3
     1103624899       SFR                               1     OO        REFI                  Y                            12.525               12.525               27000              26931.22              12/1/2006             11/1/2021                   288.68      180    4.91     CA                   2/1/2007        Y                 550000                   2          0             288.68                                                                               90604          11/17/2006              2      TB2630_BALLOON                                   0                 0                                 0   84.91                        635           44.49     3YR                                                             0           0           0               0
     1103624908       SFR                               1     OO        PURCHASE              N                             6.875                6.875              359920                359920               1/1/2007             12/1/2036                  2062.04      360      80     CA                   2/1/2007        N                 500000                   1          3            2062.04                                                                               91722          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            449900                             89980     100                        674           43.65     2YR                                        12/1/2011            6           3           1               3
     1103624910       SFR                               1     OO        PURCHASE              N                            11.875               11.875               89980               89926.8               1/1/2007             12/1/2021                    916.9      180      20     CA                   2/1/2007        Y                 500000                   2          0              916.9                                                                               91722          12/14/2006              2      TB1630_BALLOON                                   0            449900                                 0     100                        674           43.65     2YR                                                             0           0           0               0
     1103625029       SFR                               1     NOO       REFI                  N                             6.375                6.375              409500                409500               1/1/2007             12/1/2036                  2175.47      360      70     CA                   2/1/2007        N                 585000                   1        2.5            2175.47                                                                               92563          11/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            146250      95                        688              24     1YR                                        12/1/2011            6           3           1             2.5
     1103625032       SFR                               1     NOO       REFI                  Y                            12.925               12.925              146250              146181.6               1/1/2007             12/1/2021                  1609.25      180      25     CA                   2/1/2007        Y                 585000                   2          0            1609.25                                                                               92563          11/27/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        688           24.35     1YR                                                             0           0           0               0
     1103625121       SFR                               1     OO        REFI                  Y                            12.125               12.125              106250             106160.42              12/1/2006             11/1/2021                  1103.13      180      25     CA                   2/1/2007        Y                 425000                   2          0            1103.13                                                                               92571           11/6/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        664           44.23     1YR                                                             0           0           0               0
     1103625144       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               68000              67872.97              12/1/2006             11/1/2021                   725.74      180      20     CA                   2/1/2007        Y                 364500                   2          0             725.74                                                                               92582          11/17/2006              2      TB1630_BALLOON                                   0            340000                                 0     100                        662           45.86     1YR                                                             0           0           0               0
     1103625158       CONDO                             1     OO        PURCHASE              N                             7.875                7.875              311200                311200              12/1/2006             11/1/2036                  2042.25      360      80     CA                   2/1/2007        N                 389000                   1          3            2042.25                                                                               92109          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            389000                             77800     100                        670           49.04     3YR                                        11/1/2011            6           3           1               3
     1103625159       CONDO                             1     OO        PURCHASE              N                            12.625               12.625               77800              77741.31              12/1/2006             11/1/2021                   837.88      180      20     CA                   2/1/2007        Y                 389000                   2          0             837.88                                                                               92109          11/30/2006              2      TB1630_BALLOON                                   0            389000                                 0     100                        670           49.04     NO-PREPAY                                                       0           0           0               0
     1103625169       SFR                               1     OO        PURCHASE              N                            12.125               12.125               83800              83728.38              12/1/2006             11/1/2021                   870.05      180      20     CA                   2/1/2007        Y                 445000                   2          0             870.05                                                                               92582          11/17/2006              2      TB1630_BALLOON                                   0            419000                                 0     100                        667           42.42     NO-PREPAY                                                       0           0           0               0
     1103625174       2-4FAMILY                         2     NOO       PURCHASE              N                               6.5                  6.5              210000                210000              12/1/2006             11/1/2036                   1137.5      360      75     MS                   2/1/2007        N                 280000                   1          3             1137.5                                                                               39507          11/21/2006              2      PA0605EI_ARM-INTONLY                             0            280000                             56000      95                        704           35.73     NO-PREPAY                                  11/1/2011            6           3           1               3
     1103625175       2-4FAMILY                         2     NOO       PURCHASE              N                             12.75                12.75               56000              55958.92              12/1/2006             11/1/2021                   608.55      180      20     MS                   2/1/2007        Y                 280000                   2          0             608.55                                                                               39507          11/21/2006              2      TB0630_BALLOON                                   0            280000                                 0      95                        704           35.73     NO-PREPAY                                                       0           0           0               0
     1103625259       2-4FAMILY                         2     NOO       PURCHASE              N                             12.25                12.25               27900              27877.13              12/1/2006             11/1/2021                   292.36      180      10     MS                   2/1/2007        Y                 280000                   2          0             292.36                                                                               39507          11/10/2006              2      TB0630_BALLOON                                   0            279000                                 0   84.99                        732           48.98     NO-PREPAY                                                       0           0           0               0
     1103625280       SFR                               1     OO        PURCHASE              N                             7.875                7.875              336000                336000               1/1/2007             12/1/2036                     2205      360      80     NJ                   2/1/2007        N                 430000                   1          3               2205                                                                               07110          11/28/2006              2      PA1605EI_ARM-INTONLY                             0            420000                             84000     100                        646           44.38     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103625295       SFR                               1     OO        PURCHASE              N                            11.725               11.725               43000               42960.4              12/1/2006             11/1/2021                   433.22      180      20     CA                   2/1/2007        Y                 220000                   2          0             433.22                                                                               93307           11/7/2006              2      TB1630_BALLOON                                   0            215000                                 0     100                        667           35.49     2YR                                                             0           0           0               0
     1103625326       SFR                               1     OO        REFI                  N                               5.5                  5.5              505000                505000              12/1/2006             11/1/2036                  2314.58      360   70.63     CA                   2/1/2007        N                 715000                   1          3            2314.58                                                                               94536           12/7/2006              1      PA0603EI_ARM-INTONLY                             0                 0                                 0   70.63                        816           42.99     NO-PREPAY                                  11/1/2009            6           3           1               3
     1103625342       2-4FAMILY                         4     OO        PURCHASE              N                             12.35                12.35              249000             248800.28              12/1/2006             11/1/2021                  2628.52      180      30     CA                   2/1/2007        Y                 835000                   2          0            2628.52                                                                               90302          11/13/2006              2      TB1630_BALLOON                                   0            830000                                 0     100                        661           40.15     3YR                                                             0           0           0               0
     1103625621       D-PUDS                            1     OO        REFI                  N                             5.875                5.875              555000                555000               1/1/2007             12/1/2036                  2717.19      360   39.65     CA                   2/1/2007        N                1400000                   1          3            2717.19                                                                               92679          12/26/2006              1      PA0603EI_ARM-INTONLY                             0                 0                                 0   39.65                        780           52.13     NO-PREPAY                                  12/1/2009            6           3           1               3
     1103625657       SFR                               1     OO        REFI                  Y                               5.5                  5.5              102000             100855.79              12/1/2006             11/1/2021                   833.43      180   69.87     IN                   2/1/2007        N                 146000                   1          0             833.43                                                                               46524          12/14/2006             17      PF0615_FIXEDRATE                                 0                 0                                 0   69.87                        735           22.53     NO-PREPAY                                                       0           0           0               0
     1103625682       SFR                               1     NOO       REFI                  Y                             7.375                7.375              200000             199847.82               2/1/2007              1/1/2037                  1381.35      360   67.34     CA                   2/1/2007        N                 297000                   1          3            1381.35                                                                               92392            1/3/2007              1      PA3605E_ARM                                      0                 0                                 0   67.34                        607              44     1YR                                         1/1/2012            6           3           1               3
     1103625686       D-PUDS                            1     OO        REFI                  N                              5.75                 5.75              532000             530886.46               1/1/2007             12/1/2036                  3104.61      360   39.86     CA                   2/1/2007        N                1335000                   1          3            3104.61                                                                               95138           12/8/2006              1      PA0605E_ARM                                      0                 0                                 0   39.86                        785           41.07     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103625693       SFR                               1     OO        REFI                  N                             11.65                11.65               47500              47455.52              12/1/2006             11/1/2021                   475.83      180      10     CA                   2/1/2007        Y                 475000                   2          0             475.83                                                                               92139           11/8/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        678           39.75     3YR                                                             0           0           0               0
     1103625712       SFR                               1     OO        PURCHASE              N                            11.875               11.875               81200              81127.63              12/1/2006             11/1/2021                   827.43      180      20     CA                   2/1/2007        Y                 406000                   2          0             827.43                                                                               92582          11/20/2006              2      TB1630_BALLOON                                   0            406000                                 0     100                        663           40.81     NO-PREPAY                                                       0           0           0               0
     1103625731       SFR                               1     NOO       REFI                  Y                             12.75                12.75               63000                 63000              12/1/2006             11/1/2021                   669.38      180      15     CA                   2/1/2007        Y                 420000                   2          0             669.38                                                                               94806          11/14/2006              2      TB0630I_BALLOON-INTONLY                          0                 0                                 0      95                        712           28.67     1YR                                                             0           0           0               0
     1103625789       TOWNHOUSE                         1     NOO       PURCHASE              N                            12.475               12.475               45000              44964.87              12/1/2006             11/1/2021                    479.4      180      25     DC                   2/1/2007        Y                 206000                   2          0              479.4                                                                               20010          11/16/2006              1      TB1630_BALLOON                                   0            180000                                 0      95                        663           27.88     NO-PREPAY                                                       0           0           0               0
     1103625798       PUD                               1     NOO       PURCHASE              N                            12.525               12.525               90000              89930.57              12/1/2006             11/1/2021                   962.28      180      25     MD                   2/1/2007        Y                 360000                   2          0             962.28                                                                               20866          11/28/2006              2      TB1630_BALLOON                                   0            360000                                 0      95                        660           44.38     NO-PREPAY                                                       0           0           0               0
     1103625825       SFR                               1     NOO       PURCHASE              N                             7.375                7.375              140600                140600               1/1/2007             12/1/2036                    864.1      360   69.99     TX                   2/1/2007        N                 204500                   1          3              864.1                                                                               76087          12/19/2006              2      PA0603EI_ARM-INTONLY                             0            200890                             50200   94.98                        778           26.21     NO-PREPAY                                  12/1/2009            6           3           1               3
     1103625837       2-4FAMILY                         2     NOO       PURCHASE              N                              7.63                 7.63              147000                147000               1/1/2007             12/1/2036                   934.68      360      70     NJ                   2/1/2007        N                 210000                   1       6.63             934.68                                                                               08618          11/28/2006              2      PA1605EI_ARM-INTONLY                             0            210000                             52500      95                        667           49.84     NO-PREPAY                                  12/1/2011            6           3           1            7.63
     1103625842       CONDO                             1     NOO       REFI                  Y                             12.75                12.75               38000               37972.1              12/1/2006             11/1/2021                   412.95      180      25     MN                   2/1/2007        Y                 152000                   2          0             412.95                                                                               55316          11/16/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        699           42.07     NO-PREPAY                                                       0           0           0               0
     1103625845       2-4FAMILY                         2     NOO       PURCHASE              N                             13.44                13.44               52500              52478.14               1/1/2007             12/1/2021                   598.87      180      25     NJ                   2/1/2007        Y                 210000                   2          0             598.87                                                                               08618           12/7/2006              2      TB1630_BALLOON                                   0            210000                                 0      95                        667           49.84     NO-PREPAY                                                       0           0           0               0
     1103625864       2-4FAMILY                         4     OO        PURCHASE              N                             8.125                8.125              472000                472000              12/1/2006             11/1/2036                  3195.83      360      80     CA                   2/1/2007        N                 590000                   1          3            3195.83                                                                               92410          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            590000                            118000     100                        693           44.21     1YR                                        11/1/2011            6           3           1               3
     1103625937       SFR                               1     OO        PURCHASE              N                            13.375               13.375               43000              42939.72              11/1/2006             10/1/2021                    488.3      180      20     FL                   2/1/2007        Y                 227000                   2          0              488.3                                                                               34952          11/15/2006              2      TB2630_BALLOON                                   0            215000                                 0     100                        629            46.5     NO-PREPAY                                                       0           0           0               0
     1103625938       SFR                               1     NOO       PURCHASE              N                            13.625               13.625               47950              47911.28              11/1/2006             10/1/2036                   553.94      360   20.01     NJ                   2/1/2007        N                 275000                   2          0             553.94                                                                               07734           11/1/2006              2      UF0330_FIXEDRATE                                 0            239700                                 0     100                        782           41.53     NO-PREPAY                                                       0           0           0               0
     1103625958       D-PUDS                            1     OO        REFI                  Y                             6.125                6.125              592000              590846.3               1/1/2007             12/1/2036                  3597.05      360   43.86     CA                   2/1/2007        N                1350000                   1       2.75            3597.05                                                                               91377          12/18/2006              1      PA0607E_ARM                                      0                 0                                 0   43.86                        770           37.09     NO-PREPAY                                  12/1/2013            6           3           1            2.75
     1103625995       SFR                               1     OO        PURCHASE              N                             6.625                6.625              356000                356000               1/1/2007             12/1/2036                  1965.42      360      80     CA                   2/1/2007        N                 445000                   1          3            1965.42                                                                               91790          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            445000                             89000     100                        816           46.33     2YR                                        12/1/2011            6           3           1               3
     1103625997       D-PUDS                            1     OO        PURCHASE              N                                 6                    6              240000             239924.81               1/1/2007             12/1/2036                     1200      360      80     CA                   2/1/2007        N                 310000                   1          3               1200                                                                               91730          11/28/2006              2      PA2605EI_ARM-INTONLY                             0            300000                             60000     100                        643           40.42     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103626019       SFR                               1     NOO       PURCHASE              N                            12.625               12.625               50200              50159.88               1/1/2007             12/1/2021                   540.64      180   24.99     TX                   2/1/2007        Y                 204500                   2          0             540.64                                                                               76087          12/19/2006              2      TB0630_BALLOON                                   0            200890                                 0   94.98                        778           26.21     NO-PREPAY                                                       0           0           0               0
     1103626046       HI-RISE                           1     2ND       PURCHASE              N                               6.5                  6.5              367400                367400               1/1/2007             12/1/2036                  1990.08      360      70     FL                   2/1/2007        N                 538500                   1          3            1990.08                                                                               32507          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            524865                            104900   89.99                        714           36.82     3YR                                        12/1/2011            6           3           1               3
     1103626113       SFR                               1     OO        REFI                  N                             7.375                7.375              721600                721600              12/1/2006             11/1/2036                  4434.83      360      80     CA                   2/1/2007        N                 902000                   1          3            4434.83                                                                               94534          12/11/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            135300      95                        653           41.67     3YR                                        11/1/2011            6           3           1               3
     1103626114       SFR                               1     OO        REFI                  N                            12.125               12.125              135300             135185.88              12/1/2006             11/1/2021                  1404.75      180      15     CA                   2/1/2007        Y                 902000                   2          0            1404.75                                                                               94534          12/11/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        653           41.67     NO-PREPAY                                                       0           0           0               0
     1103626160       SFR                               1     OO        REFI                  Y                            11.575               11.575              161000              160846.7              12/1/2006             11/1/2021                  1603.59      180      20     CA                   2/1/2007        Y                 805000                   2          0            1603.59                                                                               92867          11/15/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        642           44.85     3YR                                                             0           0           0               0
     1103626279       SFR                               1     NOO       REFI                  N                              6.25                 6.25              126000                126000               1/1/2007             12/1/2036                   656.25      360   54.79     FL                   2/1/2007        N                 230000                   1          3             656.25                                                                               34608          12/12/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   54.79                        746            32.1     2YR                                        12/1/2011            6           3           1               3
     1103626343       SFR                               1     NOO       PURCHASE              N                               6.5                  6.5              247500                247500               2/1/2007              1/1/2037                  1340.63      360      75     CA                   2/1/2007        N                 332000                   1       2.75            1340.63                                                                               92105          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            330000                             66000      95                        745           49.39     3YR                                         1/1/2012            6           3           1            2.75
     1103626369       SFR                               1     OO        PURCHASE              N                            12.125               12.125               85800              85727.66              12/1/2006             11/1/2021                   890.81      180      20     CA                   2/1/2007        Y                 429000                   2          0             890.81                                                                               91010          11/10/2006              2      TB1630_BALLOON                                   0            429000                                 0     100                        643           37.83     3YR                                                             0           0           0               0
     1103626390       CONDO                             1     OO        PURCHASE              N                             8.125                8.125              295200                295200              11/1/2006             10/1/2036                  1998.75      360      80     CA                   2/1/2007        N                 369000                   1       2.75            1998.75                                                                               90723           12/1/2006              2      PA2605EI_ARM-INTONLY                             0            369000                             73800     100                        635           29.67     3YR                                        10/1/2011            6           3           1           8.125
     1103626397       2-4FAMILY                         4     OO        PURCHASE              N                              7.75                 7.75              529200                529200              11/1/2006             10/1/2036                  3417.75      360      80     CA                   2/1/2007        N                 662000                   1       2.75            3417.75                                                                               90037           12/1/2006             17      PA0605EI_ARM-INTONLY                             0            661500                            132300     100                        731           49.76     3YR                                        10/1/2011            6           3           1            7.75
     1103626399       SFR                               1     OO        REFI                  Y                             9.875                9.875              464000                464000              11/1/2006             10/1/2036                  3818.33      360      80     CA                   2/1/2007        N                 580000                   1          7            3818.33                                                                               90650           12/1/2006              2      BA3202EI_ARM-INTONLY                             0                 0                                 0      80                        613           43.43     2YR                                        10/1/2008            6           3           1           9.875
     1103626400       SFR                               1     NOO       PURCHASE              N                             8.125                8.125              284000                284000              11/1/2006             10/1/2036                  1922.92      360      80     CA                   2/1/2007        N                 355000                   1       2.75            1922.92                                                                               92503           12/1/2006              8      SA0605EI_ARM-INTONLY                             0            355000                             53250      95                        729               0     3YR                                        10/1/2011            6           3           1           8.125
     1103626424       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              412000                412000              11/1/2006             10/1/2036                     2575      360      80     CA                   2/1/2007        N                 515000                   1       2.75               2575                                                                               90606           12/1/2006              8      SA0605EI_ARM-INTONLY                             0            515000                            103000     100                        682               0     1YR                                        10/1/2011            6           3           1             7.5
     1103626428       SFR                               1     OO        PURCHASE              N                             7.375                7.375              480000                480000              11/1/2006             10/1/2036                     2950      360      80     CA                   2/1/2007        N                 600000                   1       2.75               2950                                                                               90680           12/1/2006              2      PA2605EI_ARM-INTONLY                             0            600000                            115000   99.17                        631           48.72     3YR                                        10/1/2011            6           3           1           7.375
     1103626436       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              216000                216000              11/1/2006             10/1/2036                     1215      360      80     AZ                   2/1/2007        N                 270000                   1       2.75               1215                                                                               85757           12/1/2006             17      PA2605EI_ARM-INTONLY                             0            270000                                 0      80                        636           42.38     NO-PREPAY                                  10/1/2011            6           3           1            2.75
     1103626530       SFR                               1     OO        PURCHASE              N                             6.625                6.625              366000                366000              12/1/2006             11/1/2036                  2020.63      360      75     CA                   2/1/2007        N                 524000                   1          3            2020.63                                                                               92069          11/20/2006              2      PA1605EI_ARM-INTONLY                             0            488000                            122000     100                        661           47.79     2YR                                        11/1/2011            6           3           1               3
     1103626531       SFR                               1     OO        PURCHASE              N                             11.75                11.75              122000             121888.22              12/1/2006             11/1/2021                  1231.48      180      25     CA                   2/1/2007        Y                 524000                   2          0            1231.48                                                                               92069          11/20/2006              2      TB1630_BALLOON                                   0            488000                                 0     100                        661           47.79     2YR                                                             0           0           0               0
     1103626582       2-4FAMILY                         2     NOO       PURCHASE              N                              7.25                 7.25              268800                268300               1/1/2007             12/1/2036                     1624      360      70     NJ                   2/1/2007        N                 384000                   1       6.25               1624                                                                               07601          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            384000                             96000      95                        787           22.76     NO-PREPAY                                  12/1/2011            6           3           1            7.25
     1103626583       2-4FAMILY                         2     NOO       PURCHASE              N                              12.5                 12.5               96000               94950.6               1/1/2007             12/1/2021                  1024.57      180      25     NJ                   2/1/2007        Y                 384000                   2          0            1024.57                                                                               07601          12/21/2006              2      TB0630_BALLOON                                   0            384000                                 0      95                        787           22.76     NO-PREPAY                                                       0           0           0               0
     1103626597       SFR                               1     NOO       REFI                  Y                              7.75                 7.75              151000                151000               1/1/2007             12/1/2036                   975.21      360   79.48     NJ                   2/1/2007        N                 190000                   1          3             975.21                                                                               08753          11/30/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             20000      90                        716           48.42     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103626604       SFR                               1     OO        PURCHASE              N                              12.1                 12.1               71000              70939.81              12/1/2006             11/1/2021                   735.78      180      25     NV                   2/1/2007        Y                 284000                   2          0             735.78                                                                               89104          11/20/2006              2      TB1630_BALLOON                                   0            284000                                 0     100                        650           42.11     3YR                                                             0           0           0               0
     1103626621       CONDO                             1     NOO       PURCHASE              N                                14                   14               34500              34480.94              12/1/2006             11/1/2021                   408.78      180      15     NJ                   2/1/2007        Y                 244000                   2          0             408.78                                                                               08054           11/7/2006              2      TB1630_BALLOON                                   0            230000                                 0      95                        662           31.88     NO-PREPAY                                                       0           0           0               0
     1103626644       D-PUDS                            1     OO        PURCHASE              N                             10.99                10.99               89450              89353.21              12/1/2006             11/1/2021                   851.18      180   10.01     FL                   2/1/2007        Y                 895000                   2          0             851.18                                                                               33157           11/3/2006              2      TB1630_BALLOON                                   0            894450                                 0   90.05                        666            29.3     3YR                                                             0           0           0               0
     1103626647       SFR                               1     OO        REFI                  Y                             12.75                12.75               48400               48364.5              12/1/2006             11/1/2021                   525.96      180      20     NV                   2/1/2007        Y                 242000                   2          0             525.96                                                                               89107          11/17/2006              2      TB2630_BALLOON                                   0                 0                                 0      90                        628           48.71     3YR                                                             0           0           0               0
     1103626676       SFR                               1     OO        PURCHASE              N                            12.875               12.875               84000              83960.27               1/1/2007             12/1/2021                   921.01      180      20     NJ                   2/1/2007        Y                 430000                   2          0             921.01                                                                               07110          11/28/2006              2      TB1630_BALLOON                                   0            420000                                 0     100                        646           44.38     NO-PREPAY                                                       0           0           0               0
     1103626691       SFR                               1     NOO       REFI                  N                             6.875                6.875              126750                126750               2/1/2007              1/1/2037                   726.17      360      75     CA                   2/1/2007        N                 169000                   1          3             726.17                                                                               93728          12/29/2006              8      SA0605EI_ARM-INTONLY                             0                 0                             25350      90                        747               0     1YR                                         1/1/2012            6           3           1               3
     1103626750       SFR                               1     NOO       REFI                  Y                                13                   13              178000             177876.55              12/1/2006             11/1/2021                  1969.04      180      20     HI                   2/1/2007        Y                 890000                   2          0            1969.04                                                                               96753          11/10/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        681              12     NO-PREPAY                                                       0           0           0               0
     1103626965       SFR                               1     NOO       REFI                  N                               6.5                  6.5              219000                219000               1/1/2007             12/1/2036                  1186.25      360      73     CA                   2/1/2007        N                 300000                   1          3            1186.25                                                                               92404          11/29/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      73                        623           47.61     2YR                                        12/1/2011            6           3           1               3
     1103626981       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              236000                236000               1/1/2007             12/1/2036                  1425.83      360      80     CA                   2/1/2007        N                 300000                   1          3            1425.83                                                                               92405           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            295000                             44250      95                        681           45.61     3YR                                        12/1/2011            6           3           1               3
     1103626983       SFR                               1     NOO       PURCHASE              N                              11.9                 11.9               44250              44223.97               1/1/2007             12/1/2021                   451.76      180      15     CA                   2/1/2007        Y                 300000                   2          0             451.76                                                                               92405           12/8/2006              2      TB0630_BALLOON                                   0            295000                                 0      95                        681           45.61     3YR                                                             0           0           0               0
     1103626998       D-PUDS                            1     OO        REFI                  N                            13.125               13.125               37500              37474.73              12/1/2006             11/1/2021                   418.49      180      10     FL                   2/1/2007        Y                 375000                   2          0             418.49                                                                               33534           11/9/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        653           36.17     NO-PREPAY                                                       0           0           0               0
     1103627010       2-4FAMILY                         2     NOO       PURCHASE              N                             7.375                7.375              210000                210000               1/1/2007             12/1/2036                  1290.63      360      70     NJ                   2/1/2007        N                 300000                   1          3            1290.63                                                                               07050           12/7/2006              2      PA0605EI_ARM-INTONLY                             0            300000                             75000      95                        729           49.48     NO-PREPAY                                  12/1/2011            6           3           1           7.375
     1103627013       SFR                               1     OO        REFI                  N                              11.5                 11.5               77500              77424.45              12/1/2006             11/1/2021                   767.48      180      10     MN                   2/1/2007        Y                 775000                   2          0             767.48                                                                               55129           11/3/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        670           37.62     NO-PREPAY                                                       0           0           0               0
     1103627018       SFR                               1     NOO       REFI                  Y                              11.6                 11.6               70000              69830.81              12/1/2006             11/1/2021                   698.55      180      25     FL                   2/1/2007        Y                 280000                   2          0             698.55                                                                               33024           11/9/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        724           49.17     3YR                                                             0           0           0               0
     1103627019       SFR                               1     OO        PURCHASE              N                               5.5                  5.5              175000                174600               1/1/2007             12/1/2036                   802.08      360   46.67     CA                   2/1/2007        N                 399000                   1          0             802.08                                                                               92582          12/22/2006             15      SF1630I_FIX-INTONLY                              0            375000                                 0   46.67                        673               0     1YR                                                             0           0           0               0
     1103627090       SFR                               1     OO        PURCHASE              N                             6.375                6.375              540000             537847.44               1/1/2007             12/1/2036                   3368.9      360      72     FL                   2/1/2007        N                 755000                   1          0             3368.9                                                                               33157          12/14/2006              2      PF0630_FIXEDRATE                                 0            750000                                 0      72                        680           29.39     NO-PREPAY                                                       0           0           0               0
     1103627120       CONDO                             1     NOO       PURCHASE              N                                 6                    6               91000                 91000              12/1/2006             11/1/2036                      455      360      70     MO                   2/1/2007        N                 137000                   1          3                455                                                                               63366          11/21/2006              2      PA0603EI_ARM-INTONLY                             0            130000                                 0      70                        746           43.11     3YR                                        11/1/2009            6           3           1               3
     1103627219       HI-RISE                           1     OO        REFI                  N                              5.75                 5.75              527000             525896.92               1/1/2007             12/1/2036                  3075.43      360   74.76     IL                   2/1/2007        N                 705000                   1          3            3075.43                                                                               60605          12/22/2006              2      PA0605E_ARM                                      0                 0                                 0   74.76                        720           44.66     1YR                                        12/1/2011            6           3           1               3
     1103627291       HI-RISE                           1     OO        PURCHASE              N                              6.75                 6.75              975000                975000               1/1/2007             12/1/2036                  5484.38      360      65     AL                   2/1/2007        N                1600000                   1          3            5484.38                                                                               36542           12/5/2006              1      PA0605EI_ARM-INTONLY                             0           1500000                            375000      90                        680           44.69     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103627352       SFR                               1     NOO       REFI                  Y                              8.25                 8.25               58800              58356.17              11/1/2006             10/1/2036                   441.74      360    78.4     MI                   2/1/2007        N                  75000                   1          0             441.74                                                                               48235           12/6/2006              8      XF1630_FIXEDRATE                                 0                 0                                 0    78.4                        699               0     NO-PREPAY                                                       0           0           0               0
     1103627353       SFR                               1     NOO       REFI                  Y                              7.75                 7.75               59200              59031.22              11/1/2006             10/1/2036                   424.12      360      80     MO                   2/1/2007        N                  74000                   1          0             424.12                                                                               63136           12/6/2006              1      XF1630_FIXEDRATE                                 0                 0                                 0      80                        642           47.41     NO-PREPAY                                                       0           0           0               0
     1103627354       SFR                               1     NOO       REFI                  Y                              7.75                 7.75               59200              59031.22              11/1/2006             10/1/2036                   424.12      360      80     MI                   2/1/2007        N                  74000                   1          0             424.12                                                                               48223           12/6/2006              1      XF1630_FIXEDRATE                                 0                 0                                 0      80                        675          18.198     NO-PREPAY                                                       0           0           0               0
     1103627375       SFR                               1     NOO       PURCHASE              N                             8.125                8.125               64500              64329.52              11/1/2006             10/1/2036                   478.91      360      75     MD                   2/1/2007        N                 112000                   1          0             478.91                                                                               21224           12/6/2006             12      XF1630_FIXEDRATE                                 0             86000                             12900      90                        784               0     NO-PREPAY                                                       0           0           0               0
     1103627385       SFR                               1     NOO       REFI                  Y                              8.25                 8.25               68800               68622.7              11/1/2006             10/1/2036                   516.87      360      80     SC                   2/1/2007        N                  86000                   1          0             516.87                                                                               29341           12/6/2006              8      XF2630_FIXEDRATE                                 0                 0                                 0      80                        642               0     NO-PREPAY                                                       0           0           0               0
     1103627405       SFR                               1     NOO       REFI                  N                              7.75                 7.75               77830              77608.15              11/1/2006             10/1/2036                   557.58      360   76.31     TX                   2/1/2007        N                 102000                   1          0             557.58                                                                               75146          12/22/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   76.31                        729           31.84     NO-PREPAY                                                       0           0           0               0
     1103627467       SFR                               1     NOO       REFI                  N                               7.5                  7.5              102400             102093.15              11/1/2006             10/1/2036                      716      360      80     TX                   2/1/2007        N                 128000                   1          0                716                                                                               77088           12/6/2006              1      PF1630_FIXEDRATE                                 0                 0                             12800      90                        680          37.838     NO-PREPAY                                                       0           0           0               0
     1103627469       SFR                               1     OO        REFI                  Y                             8.875                8.875              103200             101865.85              11/1/2006             10/1/2036                   821.11      360   79.39     SC                   2/1/2007        N                 130000                   1          0             821.11                                                                               29801           12/6/2006              8      SF3630_FIXEDRATE                                 0                 0                                 0   79.39                        619               0     NO-PREPAY                                                       0           0           0               0
     1103627472       SFR                               1     NOO       REFI                  N                              6.75                 6.75              103900             103539.16              11/1/2006             10/1/2036                   673.89      360   79.99     ND                   2/1/2007        N                 129900                   1          0             673.89                                                                               58201           12/6/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   79.99                        685          36.247     NO-PREPAY                                                       0           0           0               0
     1103627491       SFR                               1     OO        PURCHASE              N                             7.625                7.625              111920             111592.89              11/1/2006             10/1/2036                   792.16      360      80     NY                   2/1/2007        N                 144000                   1          0             792.16                                                                               13606           12/6/2006              2      PF0630_FIXEDRATE                                 0            139900                             27980     100                        701          44.616     NO-PREPAY                                                       0           0           0               0
     1103627514       SFR                               1     NOO       REFI                  Y                             8.125                8.125              120000             119682.79              11/1/2006             10/1/2036                      891      360      80     IL                   2/1/2007        N                 150000                   1          0                891                                                                               60636           12/6/2006             17      PF2630_FIXEDRATE                                 0                 0                                 0      80                        626           36.53     NO-PREPAY                                                       0           0           0               0
     1103627541       SFR                               1     OO        PURCHASE              N                             7.375                7.375              132000             131594.52              11/1/2006             10/1/2036                   911.69      360      80     GA                   2/1/2007        N                 165000                   1          0             911.69                                                                               30019           12/6/2006              2      PF1630_FIXEDRATE                                 0            165000                             33000     100                        659          18.851     NO-PREPAY                                                       0           0           0               0
     1103627567       SFR                               1     NOO       REFI                  Y                              8.25                 8.25              148000             147618.61              11/1/2006             10/1/2036                  1111.87      360      80     IL                   2/1/2007        N                 185000                   1          0            1111.87                                                                               60623           12/6/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0      80                        679               0     NO-PREPAY                                                       0           0           0               0
     1103627633       SFR                               1     OO        REFI                  Y                             6.875                6.875              182000             181538.66              12/1/2006             11/1/2036                  1195.61      360    64.2     FL                   2/1/2007        N                 283500                   1          0            1195.61                                                                               32807          11/27/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0    64.2                        673          39.478     3YR                                                             0           0           0               0
     1103627661       2-4FAMILY                         2     NOO       REFI                  N                             7.875                7.875              200000             199384.37              11/1/2006             10/1/2036                  1450.14      360      80     NH                   2/1/2007        N                 250000                   1          0            1450.14                                                                               03103           11/7/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0      80                        661           29.49     NO-PREPAY                                                       0           0           0               0
     1103627697       SFR                               1     OO        REFI                  Y                                 7                    7              228000             227245.87              11/1/2006             10/1/2036                  1516.89      360      80     CA                   2/1/2007        N                 285000                   1          0            1516.89                                                                               95945           12/6/2006              2      PF1630_FIXEDRATE                                 0                 0                             28500      90                        650          34.184     NO-PREPAY                                                       0           0           0               0
     1103627716       SFR                               1     OO        REFI                  N                             6.875                6.875              238000             234396.71              10/1/2006              9/1/2036                  1563.49      360   63.64     FL                   2/1/2007        N                 374000                   1          0            1563.49                                                                               33993          12/22/2006              8      SF1630_FIXEDRATE                                 0                 0                                 0   63.64                        776               0     NO-PREPAY                                                       0           0           0               0
     1103627743       SFR                               1     OO        REFI                  N                             7.125                7.125              256000             255148.49              11/1/2006             10/1/2036                  1724.72      360   79.51     MA                   2/1/2007        N                 322000                   1          0            1724.72                                                                               02571           11/7/2006              2      PF1630_FIXEDRATE                                 0                 0                             32000   89.45                        656          44.429     NO-PREPAY                                                       0           0           0               0
     1103627777       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              300000             299055.36              11/1/2006             10/1/2036                  2046.53      360      40     NJ                   2/1/2007        N                 750000                   1          0            2046.53                                                                               08701          12/22/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0      40                        633           45.61     NO-PREPAY                                                       0           0           0               0
     1103627841       2-4FAMILY                         3     NOO       PURCHASE              N                              7.25                 7.25              441000             439611.39              11/1/2006             10/1/2036                   3008.4      360      70     IL                   2/1/2007        N                 670000                   1          0             3008.4                                                                               60647          12/22/2006              1      PF0630_FIXEDRATE                                 0            630000                                 0      70                        700           20.84     NO-PREPAY                                                       0           0           0               0
     1103627853       SFR                               1     NOO       REFI                  Y                                 8                    8               60000                 60000              11/1/2006             10/1/2036                      400      360      75     FL                   2/1/2007        N                  80000                   1          0                400                                                                               32209          12/22/2006              2      XF1630I_FIX-INTONLY                              0                 0                                 0      75                        650          44.161     3YR                                                             0           0           0               0
     1103627897       SFR                               1     NOO       REFI                  Y                              7.75                 7.75               92000                 92000              11/1/2006             10/1/2036                   594.17      360      80     TX                   2/1/2007        N                 115000                   1          0             594.17                                                                               75006           12/6/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        772          29.624     NO-PREPAY                                                       0           0           0               0
     1103627898       SFR                               1     NOO       REFI                  Y                             7.375                7.375               94000              93997.13              11/1/2006             10/1/2036                    577.7      360      80     MD                   2/1/2007        N                 117500                   1          0              577.7                                                                               21218           12/6/2006             17      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        713          12.724     NO-PREPAY                                                       0           0           0               0
     1103627907       SFR                               1     OO        PURCHASE              N                             6.875                6.875               95160                 95160              11/1/2006             10/1/2036                   545.19      360      80     VA                   2/1/2007        N                 120000                   1          0             545.19                                                                               23223           12/6/2006              1      PF1630I_FIX-INTONLY                              0            118950                             23790     100                        660            39.8     3YR                                                             0           0           0               0
     1103628034       CONDO                             1     NOO       REFI                  N                             7.375                7.375              146000                146000              11/1/2006             10/1/2036                   897.29      360   78.92     DC                   2/1/2007        N                 185000                   1          0             897.29                                                                               20020           12/6/2006              1      PF1630I_FIX-INTONLY                              0                 0                                 0   78.92                        652           42.96     NO-PREPAY                                                       0           0           0               0
     1103628036       SFR                               1     OO        REFI                  Y                             7.625                7.625              147200                147200              11/1/2006             10/1/2036                   935.33      360      80     GA                   2/1/2007        N                 184000                   1          0             935.33                                                                               30045           12/6/2006              1      PF2630I_FIX-INTONLY                              0                 0                             36800     100                        633          32.071     NO-PREPAY                                                       0           0           0               0
     1103628059       CONDO                             1     OO        REFI                  Y                             7.375                7.375              156000                156000              12/1/2006             11/1/2036                   958.75      360      80     FL                   2/1/2007        N                 195000                   1          0             958.75                                                                               33174           12/6/2006             17      PF0630I_FIX-INTONLY                              0                 0                             19500      90                        701          30.329     NO-PREPAY                                                       0           0           0               0
     1103628090       SFR                               1     OO        REFI                  N                             6.875                6.875              168000                168000              11/1/2006             10/1/2036                    962.5      360      80     MN                   2/1/2007        N                 210000                   1          0              962.5                                                                               55350           12/6/2006              8      SF2630I_FIX-INTONLY                              0                 0                             42000     100                        662               0     3YR                                                             0           0           0               0
     1103628173       SFR                               1     OO        REFI                  Y                              7.75                 7.75              200000                200000              11/1/2006             10/1/2036                  1291.67      360      80     CT                   2/1/2007        N                 250000                   1          0            1291.67                                                                               06516           12/6/2006              2      PF1630I_FIX-INTONLY                              0                 0                             50000     100                        650          29.774     NO-PREPAY                                                       0           0           0               0
     1103628176       PUD                               1     OO        REFI                  Y                               7.5                  7.5              200000                200000              11/1/2006             10/1/2036                     1250      360      80     IL                   2/1/2007        N                 250000                   1          0               1250                                                                               60026           12/6/2006             12      XF2630I_FIX-INTONLY                              0                 0                                 0      80                        658               0     NO-PREPAY                                                       0           0           0               0
     1103628184       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              201600                201600              11/1/2006             10/1/2036                     1218      360      80     FL                   2/1/2007        N                 252000                   1          0               1218                                                                               33936          12/22/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        713          23.896     NO-PREPAY                                                       0           0           0               0
     1103628206       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              212000                212000              11/1/2006             10/1/2036                   1192.5      360      80     IL                   2/1/2007        N                 265000                   1          0             1192.5                                                                               60629           12/6/2006              2      PF0630I_FIX-INTONLY                              0            265000                             53000     100                        707           40.76     NO-PREPAY                                                       0           0           0               0
     1103628216       SFR                               1     OO        PURCHASE              N                                 7                    7              216000                216000              12/1/2006             11/1/2036                     1260      360      80     NV                   2/1/2007        N                 270000                   1          0               1260                                                                               89506           12/6/2006              1      PF2630I_FIX-INTONLY                              0            270000                             40500      95                        638           41.85     NO-PREPAY                                                       0           0           0               0
     1103628279       CONDO                             1     NOO       REFI                  Y                              7.25                 7.25              240000                240000              11/1/2006             10/1/2036                     1450      360      80     MD                   2/1/2007        N                 300000                   1          0               1450                                                                               21144          12/22/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        722           48.77     NO-PREPAY                                                       0           0           0               0
     1103628316       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              255200                255200              11/1/2006             10/1/2036                     1595      360      80     GA                   2/1/2007        N                 325500                   1          0               1595                                                                               31220           12/6/2006              8      SF1630I_FIX-INTONLY                              0            319000                             47850      95                        708               0     NO-PREPAY                                                       0           0           0               0
     1103628320       PUD                               1     2ND       PURCHASE              N                             7.625                7.625              257900                257900              11/1/2006             10/1/2036                  1638.74      360      80     FL                   2/1/2007        N                 345000                   1          0            1638.74                                                                               33897           12/6/2006             12      XF1630I_FIX-INTONLY                              0            322375                             48356      95                        787               0     NO-PREPAY                                                       0           0           0               0
     1103628435       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              326800                326800              11/1/2006             10/1/2036                  1872.29      360      80     WA                   2/1/2007        N                 425000                   1          0            1872.29                                                                               98117          12/22/2006              2      PF0630I_FIX-INTONLY                              0            408500                                 0      80                        689           24.63     NO-PREPAY                                                       0           0           0               0
     1103628461       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              347160                347160              11/1/2006             10/1/2036                  2169.75      360      80     WA                   2/1/2007        N                 434000                   1          0            2169.75                                                                               98092          12/22/2006              2      PF1630I_FIX-INTONLY                              0            433950                             86790     100                        677          40.442     NO-PREPAY                                                       0           0           0               0
     1103628467       2-4FAMILY                         4     NOO       PURCHASE              N                               7.5                  7.5              352000                352000              11/1/2006             10/1/2036                     2200      360      80     OR                   2/1/2007        N                 447500                   1          0               2200                                                                               97132           12/6/2006              8      SF1630I_FIX-INTONLY                              0            440000                                 0      80                        688               0     NO-PREPAY                                                       0           0           0               0
     1103628499       SFR                               1     NOO       REFI                  Y                               7.5                  7.5              400000                400000              11/1/2006             10/1/2036                     2500      360    63.5     CA                   2/1/2007        N                 630000                   1          0               2500                                                                               91745           12/6/2006              8      SF1630I_FIX-INTONLY                              0                 0                                 0    63.5                        727               0     NO-PREPAY                                                       0           0           0               0
     1103628532       SFR                               1     OO        REFI                  N                              7.75                 7.75              736000                736000              11/1/2006             10/1/2036                  4753.33      360   79.57     CA                   2/1/2007        N                 925000                   1          0            4753.33                                                                               94110           12/6/2006              2      PF2630I_FIX-INTONLY                              0                 0                             92000   89.52                        626          40.071     NO-PREPAY                                                       0           0           0               0
     1103628583       SFR                               1     NOO       PURCHASE              N                              13.5                 13.5               35640               35621.8               1/1/2007             12/1/2021                   408.23      180      20     CO                   2/1/2007        Y                 181000                   2          0             408.23                                                                               80013          11/20/2006              2      TB1630_BALLOON                                   0            178200                                 0      95                        677           40.59     NO-PREPAY                                                       0           0           0               0
     1103628592       SFR                               1     OO        REFI                  Y                              11.5                 11.5               45000              44713.95              12/1/2006             11/1/2021                   525.69      180      20     WA                   2/1/2007        N                 225000                   2          0             525.69                                                                               99206          11/29/2006              2      TF1615_FIXEDRATE                                 0                 0                                 0     100                        665           35.78     NO-PREPAY                                                       0           0           0               0
     1103628629       SFR                               1     OO        REFI                  Y                                 6                    6              400000             399201.61               1/1/2007             12/1/2036                   2398.2      360   54.06     CA                   2/1/2007        N                 740000                   1          0             2398.2                                                                               94044          12/18/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   54.06                        699            43.3     3YR                                                             0           0           0               0
     1103628658       D-PUDS                            1     OO        PURCHASE              N                            12.625               12.625              153000                153000              12/1/2006             11/1/2021                  1609.69      180      20     CA                   2/1/2007        Y                 765000                   2          0            1609.69                                                                               92154          11/16/2006              2      TB1630I_BALLOON-INTONLY                          0            765000                                 0     100                        654              40     2YR                                                             0           0           0               0
     1103628662       SFR                               1     OO        PURCHASE              N                            12.375               12.375              139250             139138.94              12/1/2006             11/1/2021                  1472.66      180      25     CA                   2/1/2007        Y                 560000                   2          0            1472.66                                                                               92173          11/15/2006              2      TB1630_BALLOON                                   0            557000                                 0     100                        658           38.08     2YR                                                             0           0           0               0
     1103628665       SFR                               1     OO        PURCHASE              N                            11.475               11.475               85000              84917.26              12/1/2006             11/1/2021                   840.13      180      20     CA                   2/1/2007        Y                 425000                   2          0             840.13                                                                               92376          11/16/2006              2      TB1630_BALLOON                                   0            425000                                 0     100                        666           47.92     3YR                                                             0           0           0               0
     1103628766       SFR                               1     OO        REFI                  Y                            11.625               11.625               25500              25475.98              12/1/2006             11/1/2021                   254.96      180      10     CA                   2/1/2007        Y                 255000                   2          0             254.96                                                                               95205           11/8/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        672              40     1YR                                                             0           0           0               0
     1103628787       CONDO                             1     OO        REFI                  Y                             6.625                6.625              192000                192000              11/1/2006             10/1/2036                     1060      360      80     IL                   2/1/2007        N                 240000                   1          5               1060                                                                               60118          11/17/2006              1      PA2603EI_ARM-INTONLY                             0                 0                             48000     100                        620           45.01     NO-PREPAY                                  10/1/2009            6           2           2           6.625
     1103628810       PUD                               1     OO        PURCHASE              N                             8.125                8.125              199108                199108              11/1/2006             10/1/2036                  1348.13      360      80     AZ                   2/1/2007        N                 260000                   1       2.25            1348.13                                                                               85339          11/29/2006             15      BA1205EI_ARM-INTONLY                             0            248886                             49778     100                        646               0     NO-PREPAY                                  10/1/2011        5.005           5           1            2.25
     1103628873       SFR                               1     NOO       REFI                  Y                              9.25                 9.25              209600             209474.38              12/1/2006             11/1/2036                  1657.22      360      80     CA                   2/1/2007        Y                 262000                   1        4.5            1657.22                                                                               93654          11/27/2006              2      PL3605E_ARM-BALLOON                              0                 0                                 0      80                        616           39.64     3YR                                        11/1/2011            6           3           1             4.5
     1103628924       SFR                               1     OO        REFI                  Y                             5.875                5.875              165000                165000               1/1/2007             12/1/2036                   807.81      360   23.41     CA                   2/1/2007        N                 705000                   1          3             807.81                                                                               92530          12/15/2006              1      PA0607EI_ARM-INTONLY                             0                 0                                 0   23.41                        722           40.49     3YR                                        12/1/2013            6           3           1               3
     1103628930       SFR                               1     OO        REFI                  N                              6.25                 6.25              464000                464000               1/1/2007             12/1/2036                  2416.67      360      80     CA                   2/1/2007        N                 580000                   1          3            2416.67                                                                               94590          12/12/2006              1      PA1607EI_ARM-INTONLY                             0                 0                             87000      95                        651              41     3YR                                        12/1/2013         6.25           3           1               3
     1103628996       SFR                               1     OO        PURCHASE              N                            12.475               12.475              166500             166370.13              12/1/2006             11/1/2021                  1773.75      180      30     FL                   2/1/2007        Y                 555000                   2          0            1773.75                                                                               33904          11/16/2006              2      TB1630_BALLOON                                   0            555000                                 0     100                        656           43.83     2YR                                                             0           0           0               0
     1103629015       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               66000              65980.59               2/1/2007              1/1/2022                   672.54      180      20     CA                   2/1/2007        Y                 332000                   2          0             672.54                                                                               92105          12/22/2006              2      TB0630_BALLOON                                   0            330000                                 0      95                        745           49.39     3YR                                                             0           0           0               0
     1103629099       CONDO                             1     NOO       PURCHASE              N                             13.83                13.83               44850              44832.92               1/1/2007             12/1/2021                   525.39      180   19.98     FL                   2/1/2007        Y                 238000                   2          0             525.39                                                                               33176          11/20/2006              2      TB1630_BALLOON                                   0            224490                                 0   89.92                        677              47     1YR                                                             0           0           0               0
     1103629150       CONDO                             1     OO        REFI                  Y                             11.99                11.99               40300              40264.98              12/1/2006             11/1/2021                   414.22      180      10     CA                   2/1/2007        Y                 403000                   2          0             414.22                                                                               95121          11/10/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        641           39.55     3YR                                                             0           0           0               0
     1103629156       2-4FAMILY                         2     NOO       REFI                  Y                              8.25                 8.25              176000                176000               2/1/2007              1/1/2037                     1210      360      80     CA                   2/1/2007        N                 220000                   1          3               1210                                                                               92301          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        672              47     2YR                                         1/1/2012            6           3           1               3
     1103629182       SFR                               1     OO        PURCHASE              N                                 8                    8              328000                328000              12/1/2006             11/1/2036                  2186.67      360      80     CA                   2/1/2007        N                 410000                   1       2.75            2186.67                                                                               90040          12/15/2006              2      PA2605EI_ARM-INTONLY                             0            410000                             82000     100                        634           43.65     1YR                                        11/1/2011            6           3           1               8
     1103629183       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              378400                378400              12/1/2006             11/1/2036                   2128.5      360      80     CA                   2/1/2007        N                 480000                   1       2.75             2128.5                                                                               91746          12/15/2006              8      SA1605EI_ARM-INTONLY                             0            473000                             94600     100                        709               0     3YR                                        11/1/2011            6           3           1            6.75
     1103629184       SFR                               1     OO        REFI                  Y                               7.5                  7.5              464000             463498.44              12/1/2006             11/1/2036                     2900      360      80     CA                   2/1/2007        N                 580000                   1       2.75               2900                                                                               90660          11/30/2006              2      PA3605EI_ARM-INTONLY                             0                 0                                 0      80                        615            35.2     3YR                                        11/1/2011            6           3           1             7.5
     1103629187       2-4FAMILY                         3     OO        PURCHASE              N                               8.5                  8.5              492000                492000              12/1/2006             11/1/2036                     3485      360      80     CA                   2/1/2007        N                 620000                   1       2.75               3485                                                                               90255          12/15/2006              8      SA1605EI_ARM-INTONLY                             0            615000                            123000     100                        688               0     1YR                                        11/1/2011            6           3           1             8.5
     1103629191       CONDO                             1     NOO       PURCHASE              N                             7.875                7.875              184000                184000              12/1/2006             11/1/2036                   1207.5      360      80     CA                   2/1/2007        N                 275000                   1       2.75             1207.5                                                                               91402          12/15/2006              8      SA1605EI_ARM-INTONLY                             0            230000                             23000      90                        745               0     NO-PREPAY                                  11/1/2011            6           3           1           7.875
     1103629194       SFR                               1     OO        REFI                  Y                             7.125                7.125              280000                280000              12/1/2006             11/1/2036                   1662.5      360      80     CA                   2/1/2007        N                 350000                   1       2.75             1662.5                                                                               90061          12/15/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        627           31.35     3YR                                        11/1/2011            6           3           1           7.125
     1103629195       CONDO                             1     OO        PURCHASE              N                             7.625                7.625              310000                310000              12/1/2006             11/1/2036                  1969.79      360      80     CA                   2/1/2007        N                 388000                   1       2.75            1969.79                                                                               91335          12/15/2006              2      PA1605EI_ARM-INTONLY                             0            387500                             77500     100                        660           27.12     NO-PREPAY                                  11/1/2011            6           3           1            7.13
     1103629196       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              319200                319200              12/1/2006             11/1/2036                     1729      360      80     CA                   2/1/2007        N                 400000                   1       2.75               1729                                                                               90022          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            399000                             79800     100                        704           41.52     3YR                                        11/1/2011            6           3           1               6
     1103629199       SFR                               1     OO        REFI                  N                             5.875                5.875              348000                348000              12/1/2006             11/1/2036                  1703.75      360      80     CA                   2/1/2007        N                 435000                   1       2.75            1703.75                                                                               91764          11/30/2006              2      PA2605EI_ARM-INTONLY                             0                 0                             32700   87.52                        627           43.88     3YR                                        11/1/2011            6           3           1           5.875
     1103629202       SFR                               1     OO        REFI                  Y                             8.625                8.625              404000                404000              12/1/2006             11/1/2036                  2903.75      360      80     CA                   2/1/2007        N                 505000                   1       2.75            2903.75                                                                               92129          12/15/2006              8      SA2605EI_ARM-INTONLY                             0                 0                            101000     100                        645               0     1YR                                        11/1/2011            6           3           1           8.625
     1103629209       2-4FAMILY                         4     OO        PURCHASE              N                             8.375                8.375              728000                728000              12/1/2006             11/1/2036                  5080.83      360      80     CA                   2/1/2007        N                 910000                   1       2.75            5080.83                                                                               90006          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            910000                            182000     100                        746           45.85     1YR                                        11/1/2011            6           3           1           8.375
     1103629210       2-4FAMILY                         4     OO        PURCHASE              N                             8.875                8.875              880000                880000              12/1/2006             11/1/2036                  6508.33      360      80     CA                   2/1/2007        N                1100000                   1       2.75            6508.33                                                                               95008          12/15/2006              2      PA0605EI_ARM-INTONLY                             0           1100000                            220000     100                        760           39.86     3YR                                        11/1/2011            6           3           1           8.875
     1103629215       SFR                               1     OO        REFI                  Y                              6.25                 6.25              360000                359990              12/1/2006             11/1/2036                     1875      360      80     CA                   2/1/2007        N                 450000                   1       2.75               1875                                                                               90805          11/30/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        641           42.25     3YR                                        11/1/2011            6           3           1            2.75
     1103629216       CONDO                             1     OO        REFI                  Y                             6.125                6.125              372000             370909.77              12/1/2006             11/1/2036                  2260.31      360    74.4     CA                   2/1/2007        N                 500000                   1       3.25            2260.31                                                                               91205          12/15/2006              2      PA0607E_ARM                                      0                 0                                 0    74.4                        743           29.65     3YR                                        11/1/2013            6           5           1           6.125
     1103629217       PUD                               1     OO        PURCHASE              N                             8.125                8.125              460000             459999.58              11/1/2006             10/1/2036                  3114.58      360      80     CA                   2/1/2007        N                 580000                   1       2.75            3114.58                                                                               91710          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            575000                            115000     100                        722            40.9     3YR                                        10/1/2011            6           3           1           8.125
     1103629243       SFR                               1     OO        PURCHASE              N                             12.75                12.75               57000              56958.18              12/1/2006             11/1/2021                   619.42      180      20     CA                   2/1/2007        Y                 285000                   2          0             619.42                                                                               92320          11/14/2006              2      TB1630_BALLOON                                   0            285000                                 0     100                        676           44.83     NO-PREPAY                                                       0           0           0               0
     1103629247       PUD                               1     2ND       PURCHASE              N                             9.975                9.975              253650             252846.82              10/1/2006              9/1/2036                  2221.28      360      95     NV                   2/1/2007        N                 285000                   1      5.975            2221.28                                                                               89148           12/7/2006              8      BA2402E_ARM                                     30            267000                                 0      95                        630               0     2YR                                         9/1/2008            6           3           1           5.975
     1103629251       PUD                               1     OO        REFI                  Y                             7.925                7.925              256000              254411.8              10/1/2006              9/1/2036                  1865.07      360   91.43     VA                   2/1/2007        N                 280000                   1      4.175            1865.07                                                                               23831          11/30/2006              2      BA1402E_ARM                                     30                 0                                 0   91.43                        667            46.4     2YR                                         9/1/2008            6           3           1           4.175
     1103629268       SFR                               1     OO        REFI                  N                              6.25                 6.25              112000             111786.91               1/1/2007             12/1/2036                    689.6      360      70     AZ                   2/1/2007        N                 160000                   1          3              689.6                                                                               85602          11/28/2006             17      PA1603E_ARM                                      0                 0                                 0      70                        646           38.26     3YR                                        12/1/2009            6           3           1               3
     1103629317       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              388800                388800               1/1/2007             12/1/2036                     2430      360      80     CA                   2/1/2007        N                 490000                   1          3               2430                                                                               90660          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            486000                             97200     100                        658           44.62     1YR                                        12/1/2011            6           3           1               3
     1103629321       2-4FAMILY                         2     NOO       PURCHASE              N                             7.375                7.375              611250             610316.92               1/1/2007             12/1/2036                  4221.75      360      75     CA                   2/1/2007        N                 815000                   1          0            4221.75                                                                               95460          12/21/2006              2      PF0630_FIXEDRATE                                 0            815000                             81500      85                        714           43.97     NO-PREPAY                                                       0           0           0               0
     1103629407       SFR                               1     OO        REFI                  Y                               6.5                  6.5              104000              102636.4               1/1/2007             12/1/2036                   657.35      360   63.04     FL                   2/1/2007        N                 165000                   1          0             657.35                                                                               34472          12/15/2006             17      PF1630_FIXEDRATE                                 0                 0                             60734   99.84                        646           29.88     3YR                                                             0           0           0               0
     1103629430       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              592000                592000               1/1/2007             12/1/2036                     3330      360      80     CA                   2/1/2007        N                 803000                   1          3               3330                                                                               92708          11/28/2006              8      SA0605EI_ARM-INTONLY                             0            740000                            148000     100                        688               0     2YR                                        12/1/2011            6           3           1               3
     1103629473       SFR                               1     OO        REFI                  N                             6.375                6.375              443000                443000               1/1/2007             12/1/2036                  2353.44      360   79.11     CA                   2/1/2007        N                 560000                   1          3            2353.44                                                                               94578           12/8/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0   79.11                        623           36.32     3YR                                        12/1/2011            6           3           1               3
     1103629529       D-PUDS                            1     OO        REFI                  Y                             6.625                6.625              542500                542500               1/1/2007             12/1/2036                  2995.05      360      70     AZ                   2/1/2007        N                 775000                   1          3            2995.05                                                                               85045          11/22/2006              2      PA2605EI_ARM-INTONLY                             0                 0                            193750      95                        623           42.81     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103629531       D-PUDS                            1     OO        REFI                  Y                            13.075               13.075              193750                193750               1/1/2007             12/1/2021                  2111.07      180      25     AZ                   2/1/2007        Y                 775000                   2          0            2111.07                                                                               85045          11/22/2006              2      TB2630I_BALLOON-INTONLY                          0                 0                                 0      95                        623           42.81     NO-PREPAY                                                       0           0           0               0
     1103629561       D-PUDS                            1     OO        PURCHASE              N                             6.625                6.625              480000             479592.78               1/1/2007             12/1/2036                  2853.05      360      80     CA                   2/1/2007        Y                 620000                   1          3            2853.05                                                                               92028          12/13/2006              2      PL1605E_ARM-BALLOON                              0            600000                                 0      80                        676           41.58     3YR                                        12/1/2011            6           3           1               3
     1103629603       SFR                               1     OO        REFI                  Y                             5.875                5.875              189000             188613.65               1/1/2007             12/1/2036                  1118.01      360   60.97     MA                   2/1/2007        N                 310000                   1          3            1118.01                                                                               20659            1/2/2007              1      PA2605E_ARM                                      0                 0                                 0   60.97                        624              42     3YR                                        12/1/2011            6           3           1               3
     1103629625       D-PUDS                            1     OO        PURCHASE              N                             5.875                5.875              305100                305100               2/1/2007              1/1/2037                  1493.72      360   79.98     CA                   2/1/2007        N                 384000                   1          3            1493.72                                                                               92395          12/21/2006              2      PA2605EI_ARM-INTONLY                             0            381485                             76350     100                        633            45.2     3YR                                         1/1/2012            6           3           1               3
     1103629696       CONDO                             1     NOO       REFI                  N                             7.375                7.375              125800                125800               1/1/2007             12/1/2036                   773.15      360   79.63     UT                   2/1/2007        N                 158000                   1          3             773.15                                                                               84084          11/30/2006              7      SA0605EI_ARM-INTONLY                             0                 0                                 0   79.63                        691               0     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103629714       SFR                               1     NOO       PURCHASE              N                             6.375                6.375              559500             559444.54               1/1/2007             12/1/2036                  2972.34      360      75     CA                   2/1/2007        N                 747000                   1          3            2972.34                                                                               95632          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            746025                            111900      90                        705           49.88     2YR                                        12/1/2011            6           3           1               3
     1103629768       CONDO                             1     NOO       PURCHASE              N                             12.78                12.78               50997              50972.37               1/1/2007             12/1/2021                   555.37      180      25     FL                   2/1/2007        Y                 204000                   2          0             555.37                                                                               33409          11/22/2006              2      TB0630_BALLOON                                   0            203990                                 0      95                        752              45     NO-PREPAY                                                       0           0           0               0
     1103629843       SFR                               1     2ND       REFI                  N                             6.375                6.375              250000             249911.18              12/1/2006             11/1/2036                  1328.13      360   74.41     NV                   2/1/2007        N                 336000                   1          3            1328.13                                                                               89147          11/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.41                        720           38.21     2YR                                        11/1/2011            6           3           1               3
     1103629852       SFR                               1     NOO       REFI                  Y                             5.375                5.375              600000                600000              12/1/2006             11/1/2036                   2687.5      360   28.24     CA                   2/1/2007        N                2125000                   1        3.5             2687.5                                                                               92067           12/5/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   28.24                        758            8.84     3YR                                        11/1/2011            6           3           1             3.5
     1103629866       SFR                               1     2ND       PURCHASE              N                            14.325               14.325               27150                 27150              12/1/2006             11/1/2036                    324.1      360      15     NM                   2/1/2007        N                 184500                   2          0              324.1                                                                               87114          11/10/2006              2      TF2630I_FIX-INTONLY                              0            181000                                 0      95                        629           39.04     NO-PREPAY                                                       0           0           0               0
     1103629923       SFR                               1     NOO       REFI                  N                              6.75                 6.75              280000                280000               1/1/2007             12/1/2036                     1575      360   61.95     CA                   2/1/2007        N                 452000                   1          0               1575                                                                               90222          12/13/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   61.95                        700           45.98     2YR                                                             0           0           0               0
     1103629925       SFR                               1     OO        REFI                  Y                             12.99                12.99               46800              46778.42               1/1/2007             12/1/2021                   517.34      180   24.96     DE                   2/1/2007        Y                 187500                   2          0             517.34                                                                               19904           12/7/2006              2      TB1630_BALLOON                                   0                 0                                 0    99.9                        654           44.14     NO-PREPAY                                                       0           0           0               0
     1103629946       SFR                               1     OO        PURCHASE              N                            11.875               11.875               55800              55767.02               1/1/2007             12/1/2021                    568.6      180    9.99     CA                   2/1/2007        Y                 565000                   2          0              568.6                                                                               92374          11/30/2006              2      TB1630_BALLOON                                   0            558664                                 0   89.99                        678            45.1     6MO                                                             0           0           0               0
     1103629956       SFR                               1     OO        REFI                  Y                            11.875               11.875               33800              33769.88              12/1/2006             11/1/2021                   344.42      180      20     FL                   2/1/2007        Y                 169000                   2          0             344.42                                                                               34668          11/16/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        678           49.49     2YR                                                             0           0           0               0
     1103630032       2-4FAMILY                         4     NOO       REFI                  N                               7.5                  7.5              532000             531439.85              12/1/2006             11/1/2036                     3325      360      70     CA                   2/1/2007        N                 760000                   1          3               3325                                                                               90262          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             53000   76.98                        734           34.46     2YR                                        11/1/2011            6           3           1               3
     1103630058       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              164000             163773.54               1/1/2007             12/1/2036                  1189.11      360      80     CA                   2/1/2007        N                 205000                   1          3            1189.11                                                                               95966          11/21/2006              2      PA1605E_ARM                                      0            205000                             30750      95                        675           40.02     3YR                                        12/1/2011            6           3           1               3
     1103630059       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               30750              30733.27               1/1/2007             12/1/2021                   322.23      180      15     CA                   2/1/2007        Y                 205000                   2          0             322.23                                                                               95966          11/21/2006              2      TB1630_BALLOON                                   0            205000                                 0      95                        675           40.02     3YR                                                             0           0           0               0
     1103630062       CONDO                             1     NOO       PURCHASE              N                             7.875                7.875              252000                252000               1/1/2007             12/1/2036                  1653.75      360      80     CA                   2/1/2007        N                 315000                   1          3            1653.75                                                                               95835           12/5/2006              2      PA0605EI_ARM-INTONLY                             0            315000                             47250      95                        687           25.27     3YR                                        12/1/2011            6           3           1               3
     1103630063       SFR                               1     NOO       PURCHASE              N                            12.375               12.375               47250              47225.01               1/1/2007             12/1/2021                    499.7      180      15     CA                   2/1/2007        Y                 315000                   2          0              499.7                                                                               95835           12/7/2006              2      TB0630_BALLOON                                   0            315000                                 0      95                        687           25.27     3YR                                                             0           0           0               0
     1103630085       D-PUDS                            1     2ND       REFI                  Y                             6.625                6.625              234500                234500               1/1/2007             12/1/2036                  1294.64      360      70     NV                   2/1/2007        N                 335000                   1          3            1294.64                                                                               89139           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             50250      85                        699           30.48     3YR                                        12/1/2011            6           3           1           6.625
     1103630155       SFR                               1     NOO       REFI                  Y                            12.625               12.625              109500             109445.21               1/1/2007             12/1/2021                  1179.28      180      15     CA                   2/1/2007        Y                 730000                   2          0            1179.28                                                                               92504          11/30/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        700           38.29     NO-PREPAY                                                       0           0           0               0
     1103630161       2-4FAMILY                         2     NOO       REFI                  Y                              7.75                 7.75              665000                665000               1/1/2007             12/1/2036                  4294.79      360   68.21     CA                   2/1/2007        N                 975000                   1        3.5            4294.79                                                                               92629          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   68.21                        706           43.98     1YR                                        12/1/2011            6           3           1             3.5
     1103630260       D-PUDS                            1     NOO       PURCHASE              N                            13.125               13.125              121500             121445.68               1/1/2007             12/1/2036                  1355.92      360      90     TX                   2/1/2007        N                 135000                   1          0            1355.92                                                                               76140          12/27/2006              2      PF2430_FIXEDRATE                                25            135000                                 0      90                        633           34.48     NO-PREPAY                                                       0           0           0               0
     1103630318       2-4FAMILY                         2     OO        PURCHASE              N                               6.5                  6.5              239200                239200               2/1/2007              1/1/2037                  1295.67      360      80     CA                   2/1/2007        N                 375000                   1        5.5            1295.67                                                                               92405          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            299000                             59800     100                        769           35.63     NO-PREPAY                                   1/1/2012            6           3           1             5.5
     1103630324       SFR                               1     OO        REFI                  Y                            11.875               11.875               60000              59946.53              12/1/2006             11/1/2021                    611.4      180      10     CA                   2/1/2007        Y                 600000                   2          0              611.4                                                                               94565          11/10/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        671           40.57     1YR                                                             0           0           0               0
     1103630326       SFR                               1     NOO       PURCHASE              N                              6.25                 6.25              493500                493500               1/1/2007             12/1/2036                  2570.31      360      70     CA                   2/1/2007        N                 705000                   1          3            2570.31                                                                               90056          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            705000                            176250      95                        682           43.95     3YR                                        12/1/2011            6           3           1               3
     1103630331       SFR                               1     NOO       PURCHASE              N                            11.625               11.625              176250             176139.87               1/1/2007             12/1/2021                  1762.22      180      25     CA                   2/1/2007        Y                 705000                   2          0            1762.22                                                                               90056          11/30/2006              2      TB0630_BALLOON                                   0            705000                                 0      95                        682           43.95     3YR                                                             0           0           0               0
     1103630375       CONDO                             1     OO        PURCHASE              N                                 7                    7              663200                663200               1/1/2007             12/1/2036                  3868.67      360      80     CA                   2/1/2007        N                 829000                   1          3            3868.67                                                                               91381          11/27/2006              2      PA0605EI_ARM-INTONLY                             0            829000                            165800     100                        697           40.58     3YR                                        12/1/2011            6           3           1               3
     1103630429       D-PUDS                            1     NOO       REFI                  Y                             7.625                7.625              258750                258750               1/1/2007             12/1/2036                  1644.14      360      75     FL                   2/1/2007        N                 345000                   1          3            1644.14                                                                               34746          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             34500      85                        640           38.27     3YR                                        12/1/2011            6           3           1               3
     1103630433       D-PUDS                            1     NOO       REFI                  Y                             13.25                13.25               34500              34485.02               1/1/2007             12/1/2021                   388.39      180      10     FL                   2/1/2007        Y                 345000                   2          0             388.39                                                                               34746           12/1/2006              2      TB1630_BALLOON                                   0                 0                                 0      85                        640           38.27     3YR                                                             0           0           0               0
     1103630475       SFR                               1     NOO       REFI                  Y                             12.85                12.85               66750              66718.25               1/1/2007             12/1/2036                   730.57      360      15     CA                   2/1/2007        N                 445000                   2          0             730.57                                                                               95112          11/28/2006              2      TF0630_FIXEDRATE                                 0                 0                                 0      95                        708           40.62     NO-PREPAY                                                       0           0           0               0
     1103630571       SFR                               1     NOO       REFI                  Y                             11.85                11.85               25200               25177.4              12/1/2006             11/1/2021                   256.31      180      10     NV                   2/1/2007        Y                 252000                   2          0             256.31                                                                               89110          11/28/2006              2      TB0630_BALLOON                                   0                 0                                 0      80                        747           39.81     2YR                                                             0           0           0               0
     1103630597       SFR                               1     NOO       PURCHASE              N                            12.375               12.375               52500              52458.13              12/1/2006             11/1/2021                   555.22      180      15     CA                   2/1/2007        Y                 377000                   2          0             555.22                                                                               95363           11/9/2006              1      TB0630_BALLOON                                   0            350000                                 0      95                        691           39.81     NO-PREPAY                                                       0           0           0               0
     1103630680       2-4FAMILY                         2     OO        REFI                  N                             6.375                6.375              230000             229357.53              12/1/2006             11/1/2036                   1434.9      360    69.7     NJ                   2/1/2007        N                 330000                   1          0             1434.9                                                                               07060           12/6/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0    69.7                        688         35.0562     NO-PREPAY                                                       0           0           0               0
     1103630686       SFR                               1     OO        REFI                  N                              6.75                 6.75              465000             463792.17              12/1/2006             11/1/2036                  3015.98      360   58.13     NY                   2/1/2007        N                 800000                   1          0            3015.98                                                                               11021           12/6/2006             17      PF1630_FIXEDRATE                                 0                 0                                 0   58.13                        656         35.4919     1YR                                                             0           0           0               0
     1103630694       SFR                               1     OO        PURCHASE              N                             7.125                7.125              168000             167320.22              10/1/2006              9/1/2036                  1131.85      360      80     NH                   2/1/2007        N                 225000                   1          0            1131.85                                                                               03079           12/6/2006              2      PF0630_FIXEDRATE                                 0            210000                             21000      90                        720         40.2161     NO-PREPAY                                                       0           0           0               0
     1103630703       2-4FAMILY                         3     NOO       PURCHASE              N                             9.375                9.375              488000                488000               9/1/2006              8/1/2036                   3812.5      360      80     NY                   2/1/2007        N                 610000                   1          0             3812.5                                                                               11207           12/6/2006             12      XF1630I_FIX-INTONLY                              0            610000                                 0      80                        654               0     1YR                                                             0           0           0               0
     1103630706       SFR                               1     OO        REFI                  N                              7.25                 7.25              163000             162356.47              10/1/2006              9/1/2036                  1111.95      360    53.8     FL                   2/1/2007        N                 303000                   1          0            1111.95                                                                               33177           12/6/2006             12      XF2630_FIXEDRATE                                 0                 0                                 0    53.8                        647               0     3YR                                                             0           0           0               0
     1103630718       2-4FAMILY                         2     OO        REFI                  N                              7.75                 7.75              315000              314328.7              12/1/2006             11/1/2036                   2256.7      360      75     MA                   2/1/2007        N                 420000                   1          0             2256.7                                                                               01752           12/6/2006              8      SF0630_FIXEDRATE                                 0                 0                                 0      75                        681               0     NO-PREPAY                                                       0           0           0               0
     1103630733       SFR                               1     OO        REFI                  N                               6.5                  6.5              100000              99727.32              12/1/2006             11/1/2036                   632.07      360   60.98     FL                   2/1/2007        N                 164000                   1          0             632.07                                                                               32808           12/6/2006             12      XF1630_FIXEDRATE                                 0                 0                                 0   60.98                        651               0     1YR                                                             0           0           0               0
     1103630745       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              168000                168000              12/1/2006             11/1/2036                     1050      360      80     MA                   2/1/2007        N                 210000                   1          0               1050                                                                               01826           12/6/2006              8      SF0630I_FIX-INTONLY                              0            210000                             42000     100                        719               0     NO-PREPAY                                                       0           0           0               0
     1103630778       SFR                               1     OO        REFI                  Y                              7.15                 7.15              355000                355000               1/1/2007             12/1/2036                  2115.21      360    73.2     CA                   2/1/2007        N                 485000                   1          3            2115.21                                                                               90650          12/14/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0    73.2                        644               0     3YR                                        12/1/2011            6           3           1               3
     1103630819       SFR                               1     NOO       PURCHASE              N                             7.125                7.125              180000             179711.27               1/1/2007             12/1/2036                  1212.69      360      80     MD                   2/1/2007        N                 245000                   1          3            1212.69                                                                               20748           12/1/2006              8      SA0605E_ARM                                      0            225000                                 0      80                        724               0     3YR                                        12/1/2011            6           3           1               3
     1103630825       PUD                               1     NOO       PURCHASE              N                            11.725               11.725               57500              57447.02              12/1/2006             11/1/2021                   579.31      180      25     MD                   2/1/2007        Y                 234000                   2          0             579.31                                                                               20602          11/28/2006              2      TB0630_BALLOON                                   0            230000                                 0      95                        743           43.59     NO-PREPAY                                                       0           0           0               0
     1103630837       PUD                               1     NOO       REFI                  Y                             7.625                7.625              258300                258300               1/1/2007             12/1/2036                  1641.28      360      70     VA                   2/1/2007        N                 369000                   1          3            1641.28                                                                               20176          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             92250      95                        747           47.38     2YR                                        12/1/2011            6           3           1           7.625
     1103630838       PUD                               1     NOO       REFI                  Y                            12.225               12.225               92250              92199.52               1/1/2007             12/1/2021                   964.91      180      25     VA                   2/1/2007        Y                 369000                   2          0             964.91                                                                               20176          12/21/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        747           47.38     2YR                                                             0           0           0               0
     1103630847       CONDO                             1     OO        REFI                  N                              7.99                 7.99              152000             151952.77               1/1/2007             12/1/2036                  1012.07      360      80     MD                   2/1/2007        N                 190000                   1          3            1012.07                                                                               21060          12/11/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             38000     100                        678              43     1YR                                        12/1/2011            5           3           1               3
     1103630896       D-PUDS                            1     OO        REFI                  N                             12.75                12.75               28500              28479.09              12/1/2006             11/1/2021                   309.71      180      10     FL                   2/1/2007        Y                 285000                   2          0             309.71                                                                               34746          11/10/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        641           44.45     1YR                                                             0           0           0               0
     1103630929       SFR                               1     OO        PURCHASE              N                             6.875                6.875              236000                236000               1/1/2007             12/1/2036                  1352.08      360      80     CA                   2/1/2007        N                 315000                   1          3            1352.08                                                                               92223          11/28/2006              2      PA1605EI_ARM-INTONLY                             0            295000                             59000     100                        653           46.62     3YR                                        12/1/2011            6           3           1               3
     1103630936       SFR                               1     NOO       REFI                  Y                              6.25                 6.25              235000             234552.88               1/1/2007             12/1/2036                  1446.94      360   78.34     CA                   2/1/2007        N                 300000                   1          0            1446.94                                                                               93312          12/19/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   78.34                        730           45.07     3YR                                                             0           0           0               0
     1103630970       SFR                               1     NOO       REFI                  Y                             7.625                7.625              105000             104847.51             12/17/2006            11/17/2036                   743.19      360      75     NC                  1/17/2007        N                 140000                   1          0             743.19                                                                               27545          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        715           19.28     NO-PREPAY                                                       0           0           0               0
     1103631031       SFR                               1     OO        REFI                  Y                             5.875                5.875              180000             179812.54               1/1/2007             12/1/2036                   974.75      360   46.76     CA                   2/1/2007        Y                 385000                   1        2.5             974.75                                                                               92114           12/6/2006              1      PL1603E_ARM-BALLOON                              0                 0                                 0   46.76                        671           44.05     1YR                                        12/1/2009            6           3           1           2.875
     1103631039       SFR                               1     NOO       REFI                  N                                 8                    8              163000                163000               1/1/2007             12/1/2036                  1086.67      360   79.52     AZ                   2/1/2007        N                 205000                   1          3            1086.67                                                                               85019          11/28/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0   79.52                        624           33.13     1YR                                        12/1/2011            6           3           1               3
     1103631071       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              620000             618048.72              12/1/2006             11/1/2036                  3618.15      360   79.75     CA                   2/1/2007        N                 780000                   1          0            3618.15                                                                               94553          12/20/2006              1      PF0630_FIXEDRATE                                 0            777500                                 0   79.75                        786           48.77     3YR                                                             0           0           0               0
     1103631139       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              295000             294888.88              12/1/2006             11/1/2036                  1597.92      360   79.73     CA                   2/1/2007        N                 370000                   1       2.25            1597.92                                                                               91316          11/27/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0   79.73                        773           33.59     NO-PREPAY                                  11/1/2013            6           6           2            2.25
     1103631162       CONDO                             1     NOO       PURCHASE              N                            13.625               13.625              105591              104978.9              12/1/2006             11/1/2021                   1379.7      180   20.47     NY                   2/1/2007        N                 530000                   2          0             1379.7                                                                               11561          11/10/2006              2      TF1615_FIXEDRATE                                 0            515957                                 0   95.47                        661           27.91     NO-PREPAY                                                       0           0           0               0
     1103631166       SFR                               1     NOO       PURCHASE              N                              14.5                 14.5               50900              50874.92              12/1/2006             11/1/2021                    623.3      180      20     NJ                   2/1/2007        Y                 360000                   2          0              623.3                                                                               08882          11/29/2006             17      UB0330_BALLOON                                   0            254500                                 0     100                        731           34.72     NO-PREPAY                                                       0           0           0               0
     1103631175       HI-RISE                           1     2ND       PURCHASE              N                              6.75                 6.75              334400                334400               2/1/2007              1/1/2037                     1881      360   79.98     FL                   2/1/2007        N                 418110                   1          3               1881                                                                               32507          12/22/2006             17      PA0605EI_ARM-INTONLY                             0            418110                                 0   79.98                        791           49.93     1YR                                         1/1/2012            6           3           1               3
     1103631208       SFR                               1     OO        PURCHASE              N                             6.125                6.125              464800                464800               1/1/2007             12/1/2036                  2372.42      360      80     WA                   2/1/2007        N                 585000                   1          3            2372.42                                                                               98052          12/21/2006              1      PA0605EI_ARM-INTONLY                             0            581000                            116200     100                        687           36.17     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103631217       2-4FAMILY                         2     NOO       REFI                  Y                             6.375                6.375              375000                375000               1/1/2007             12/1/2036                  1992.19      360   68.19     CA                   2/1/2007        N                 550000                   1          3            1992.19                                                                               94601           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   68.19                        707              29     2YR                                        12/1/2011            6           3           1               3
     1103631230       SFR                               1     OO        REFI                  Y                                 6                    6              440000             439967.26               1/1/2007             12/1/2036                     2200      360   79.28     CA                   2/1/2007        N                 555000                   1      5.375               2200                                                                               90638          11/30/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0   79.28                        721               0     3YR                                        12/1/2011            6           3           1           5.375
     1103631253       2-4FAMILY                         3     NOO       REFI                  N                             7.875                7.875              650000                650000              12/1/2006             11/1/2036                  4265.63      360   66.33     CA                   2/1/2007        N                 980000                   1       2.75            4265.63                                                                               92626          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            134000      80                        704           41.63     NO-PREPAY                                  11/1/2011            6           3           1            2.75
     1103631255       SFR                               1     OO        REFI                  N                                 7                    7              548000                548000              12/1/2006             11/1/2036                  3196.67      360      80     CA                   2/1/2007        N                 685000                   1       2.25            3196.67                                                                               94109           12/6/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             99942   94.59                        651           36.97     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631267       CONDO                             1     OO        PURCHASE              N                             6.125                6.125              304800                304800              12/1/2006             11/1/2036                  1555.75      360      80     CA                   2/1/2007        N                 385000                   1       2.25            1555.75                                                                               94901          11/20/2006              2      PA0605EI_ARM-INTONLY                             0            381000                             76200     100                        687           44.14     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631271       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              310400                310400              12/1/2006             11/1/2036                  1681.33      360      80     CA                   2/1/2007        N                 400000                   1       2.25            1681.33                                                                               95462          11/20/2006              2      PA0605EI_ARM-INTONLY                             0            388000                             77600     100                        686           40.45     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631273       2-4FAMILY                         3     NOO       REFI                  N                             6.625                6.625             1000000               1000000              12/1/2006             11/1/2036                  5520.83      360   51.29     CA                   2/1/2007        N                1950000                   1       2.25            5520.83                                                                               94115           12/6/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   51.29                        746           26.11     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631274       SFR                               1     OO        REFI                  Y                             6.375                6.375              608000                608000              12/1/2006             11/1/2036                     3230      360   77.95     CA                   2/1/2007        N                 780000                   1       2.25               3230                                                                               94901          11/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            114000   92.57                        670           24.54     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631278       SFR                               1     OO        REFI                  Y                              6.75                 6.75              618750                618750              12/1/2006             11/1/2036                  3480.47      360      75     CA                   2/1/2007        N                 825000                   1       2.25            3480.47                                                                               94066           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        722           36.76     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631286       SFR                               1     OO        PURCHASE              N                             6.125                6.125              387800              387799.4              12/1/2006             11/1/2036                   1979.4      360      80     CA                   2/1/2007        N                 510000                   1       2.25             1979.4                                                                               94533          11/20/2006              2      PA0605EI_ARM-INTONLY                             0            484750                             96950     100                        695           43.85     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631291       SFR                               1     OO        REFI                  Y                             6.125                6.125              345000                345000              12/1/2006             11/1/2036                  1760.94      360   52.28     CA                   2/1/2007        N                 660000                   1       2.25            1760.94                                                                               95122           12/6/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   52.28                        653           44.49     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103631292       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75               60900                 60900              12/1/2006             11/1/2036                   342.56      360   43.52     CA                   2/1/2007        N                 145000                   1       2.75             342.56                                                                               95825           12/6/2006              1      XA0605DI_ARM-INTONLY                             0            139950                                 0   43.52                        710           35.51     NO-PREPAY                                  11/1/2011            5           5           2            2.75
     1103631297       2-4FAMILY                         3     NOO       REFI                  Y                              13.4                 13.4              134000             133915.09              12/1/2006             11/1/2021                  1524.32      180   13.68     CA                   2/1/2007        Y                 980000                   2          0            1524.32                                                                               92626          11/30/2006              2      TB0630_BALLOON                                   0                 0                                 0      80                        704           41.63     NO-PREPAY                                                       0           0           0               0
     1103631306       SFR                               1     OO        REFI                  Y                              6.75                 6.75              524000                524000               1/1/2007             12/1/2036                   2947.5      360      80     HI                   2/1/2007        N                 655000                   1          3             2947.5                                                                               96740           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             95250   94.55                        727           41.02     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103631310       SFR                               1     NOO       PURCHASE              N                            12.375               12.375              111900             111807.46               1/1/2007             12/1/2021                  1183.42      180      15     CA                   2/1/2007        Y                 747000                   2          0            1183.42                                                                               95632          11/30/2006              2      TB0630_BALLOON                                   0            746025                                 0      90                        705           49.88     NO-PREPAY                                                       0           0           0               0
     1103631311       CONDO                             1     2ND       PURCHASE              N                             7.875                7.875              113992                113992              12/1/2006             11/1/2036                   748.07      360      75     FL                   2/1/2007        N                 185000                   1          3             748.07                                                                               33035          11/28/2006              1      PA1605EI_ARM-INTONLY                             0            151990                             30398      95                        660           38.11     3YR                                        11/1/2011            6           3           1           7.875
     1103631312       CONDO                             1     2ND       PURCHASE              N                            12.825               12.825               30398              30376.07              12/1/2006             11/1/2021                   332.11      180      20     FL                   2/1/2007        Y                 185000                   2          0             332.11                                                                               33035          11/28/2006              1      TB1630_BALLOON                                   0            151990                                 0      95                        660           38.11     3YR                                                             0           0           0               0
     1103631315       SFR                               1     NOO       PURCHASE              N                             6.999                6.999              127500                127500               1/1/2007             12/1/2036                   743.64      360      75     AZ                   2/1/2007        N                 173000                   1          3             743.64                                                                               85201          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            170000                             25500      90                        688           46.42     3YR                                        12/1/2011            6           3           1               3
     1103631321       SFR                               1     NOO       PURCHASE              N                             12.75                12.75               25500              21270.87               1/1/2007             12/1/2021                   277.11      180      15     AZ                   2/1/2007        Y                 173000                   2          0             277.11                                                                               85201          12/20/2006              2      TB0630_BALLOON                                   0            170000                                 0      90                        688           46.42     NO-PREPAY                                                       0           0           0               0
     1103631360       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               68000                 67965               1/1/2007             12/1/2036                   725.74      360      20     NJ                   2/1/2007        N                 360000                   2          0             725.74                                                                               07083           12/1/2006              2      TF1630_FIXEDRATE                                 0            340000                                 0     100                        664           48.93     NO-PREPAY                                                       0           0           0               0
     1103631384       2-4FAMILY                         2     NOO       PURCHASE              N                               6.5                  6.5              340000                340000               1/1/2007             12/1/2036                  1841.67      360   41.47     CA                   2/1/2007        N                 820000                   1          3            1841.67                                                                               94063          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            820000                                 0   41.47                        725           54.86     1YR                                        12/1/2011            6           3           1             6.5
     1103631393       SFR                               1     OO        PURCHASE              N                               5.5                  5.5              479200             479196.33               1/1/2007             12/1/2036                  2196.33      360      80     CA                   2/1/2007        N                 605000                   1          3            2196.33                                                                               92840          12/11/2006              2      PA0605EI_ARM-INTONLY                             0            599000                            119800     100                        694              40     2YR                                        12/1/2011            6           3           1               3
     1103631427       PUD                               1     NOO       REFI                  N                             7.875                7.875              624000                624000              12/1/2006             11/1/2036                     4095      360      80     ME                   2/1/2007        N                 780000                   1       3.25               4095                                                                               04062          11/21/2006              8      XA0605DI_ARM-INTONLY                             0                 0                             39000      85                        683               0     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103631429       SFR                               1     OO        REFI                  N                             6.625                6.625              339600                339550              12/1/2006             11/1/2036                  1874.88      360      80     MA                   2/1/2007        N                 424500                   1       3.25            1874.88                                                                               02668          11/21/2006              8      XA0605DI_ARM-INTONLY                             0                 0                             63590   94.98                        683               0     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103631435       2-4FAMILY                         4     OO        PURCHASE              N                             6.875                6.875              880000                880000              12/1/2006             11/1/2036                  5041.67      360      80     CA                   2/1/2007        N                1100000                   1       3.25            5041.67                                                                               95129          11/21/2006              2      XA0605DI_ARM-INTONLY                             0           1100000                            110000      90                        731           48.56     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103631458       2-4FAMILY                         2     OO        PURCHASE              N                              7.75                 7.75              560000                560000              12/1/2006             11/1/2036                  3616.67      360      80     CT                   2/1/2007        N                 700000                   1       3.25            3616.67                                                                               06905          11/21/2006              8      XA1605DI_ARM-INTONLY                             0            700000                            140000     100                        657               0     1YR                                        11/1/2011            5           5           2            3.25
     1103631475       CONDO                             1     NOO       REFI                  Y                              8.25                 8.25              243000             242999.81               1/1/2007             12/1/2036                  1670.63      360   74.77     CA                   2/1/2007        N                 325000                   1       3.25            1670.63                                                                               91762          12/15/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0   74.77                        653           44.99     1YR                                        12/1/2011            6           3           1            3.25
     1103631525       SFR                               1     NOO       PURCHASE              N                             7.375                7.375              417000                417000               1/1/2007             12/1/2036                  2562.81      360   79.43     CA                   2/1/2007        N                 525000                   1          3            2562.81                                                                               94590          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            525000                             55500      90                        764           34.54     3YR                                        12/1/2011            6           3           1               3
     1103631526       SFR                               1     NOO       PURCHASE              N                            11.375               11.375               55500              55463.35               1/1/2007             12/1/2021                   544.33      180   10.58     CA                   2/1/2007        Y                 525000                   2          0             544.33                                                                               94590          12/15/2006              2      TB0630_BALLOON                                   0            525000                                 0      90                        764           34.54     3YR                                                             0           0           0               0
     1103631528       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              143800                143800               1/1/2007             12/1/2036                   868.79      360      70     TX                   2/1/2007        N                 207500                   1          3             868.79                                                                               76087          12/13/2006              2      PA0603EI_ARM-INTONLY                             0            205455                             51350   94.99                        733           38.78     NO-PREPAY                                  12/1/2009            6           3           1               3
     1103631529       SFR                               1     NOO       PURCHASE              N                              12.5                 12.5               51350               51307.4               1/1/2007             12/1/2021                   548.04      180      25     TX                   2/1/2007        Y                 207500                   2          0             548.04                                                                               76087          12/13/2006              2      TB0630_BALLOON                                   0            205455                                 0   94.99                        733           38.58     NO-PREPAY                                                       0           0           0               0
     1103631531       SFR                               1     NOO       REFI                  Y                            12.125               12.125               65000               64963.5               1/1/2007             12/1/2021                   674.86      180      20     CA                   2/1/2007        Y                 325000                   2          0             674.86                                                                               95824          11/22/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        723            49.7     1YR                                                             0           0           0               0
     1103631556       PUD                               1     2ND       REFI                  N                             6.125                6.125              138000                138000               1/1/2007             12/1/2036                   704.38      360   69.35     FL                   2/1/2007        N                 199000                   1          3             704.38                                                                               34446          12/11/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   69.35                        746           39.32     2YR                                        12/1/2011            6           3           1               3
     1103631591       SFR                               1     OO        PURCHASE              N                             7.875                7.875              412000             411864.61               1/1/2007             12/1/2036                  2703.75      360      80     CA                   2/1/2007        N                 515000                   1          3            2703.75                                                                               90247          11/30/2006              2      PA2605EI_ARM-INTONLY                             0            515000                            103000     100                        623           44.18     3YR                                        12/1/2011            6           3           1               3
     1103631884       SFR                               1     NOO       PURCHASE              N                             8.125                8.125              111125             110979.13             12/16/2006            11/16/2036                    825.1      360      70     FL                  1/16/2007        N                 180000                   1          3              825.1                                                                               34473           12/7/2006              2      PA1602E_ARM                                      0            158750                             39687      95                        673           34.61     1YR                                       11/16/2008            6           3           1           8.125
     1103631885       SFR                               1     NOO       PURCHASE              N                            13.025               13.025               39687              39668.84             12/16/2006            11/16/2021                    439.8      180      25     FL                  1/16/2007        Y                 180000                   2          0              439.8                                                                               34473           12/7/2006              2      TB1630_BALLOON                                   0            158750                                 0      95                        673           34.61     1YR                                                             0           0           0               0
     1103631899       CONDO                             1     NOO       PURCHASE              N                              7.75                 7.75              172000                172000               1/1/2007             12/1/2036                  1110.83      360      80     FL                   2/1/2007        N                 300000                   1          3            1110.83                                                                               34109          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            215000                             32250      95                        739            47.1     3YR                                        12/1/2011            6           3           1            7.75
     1103631900       CONDO                             1     NOO       PURCHASE              N                              11.6                 11.6               32250              32229.72               1/1/2007             12/1/2021                   321.84      180      15     FL                   2/1/2007        Y                 300000                   2          0             321.84                                                                               34109          11/28/2006              2      TB0630_BALLOON                                   0            215000                                 0      95                        739            47.1     3YR                                                             0           0           0               0
     1103631921       SFR                               1     NOO       PURCHASE              N                                14                   14              126000             125953.85               1/1/2007             12/1/2036                  1492.94      360      15     CA                   2/1/2007        N                 840000                   2          0            1492.94                                                                               94116           12/5/2006              2      TF0630_FIXEDRATE                                 0            840000                                 0      95                        704           38.21     NO-PREPAY                                                       0           0           0               0
     1103631940       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              599200                599200               1/1/2007             12/1/2036                  3869.83      360      80     UT                   2/1/2007        N                 795000                   1          3            3869.83                                                                               84054           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            749000                            149800     100                        649           42.02     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103631952       SFR                               1     OO        PURCHASE              N                             13.25                13.25              149800             149401.26               1/1/2007             12/1/2021                  1686.41      180      20     UT                   2/1/2007        Y                 795000                   2          0            1686.41                                                                               84054           12/8/2006              2      TB1630_BALLOON                                   0            749000                                 0     100                        649           42.02     NO-PREPAY                                                       0           0           0               0
     1103631967       SFR                               1     OO        REFI                  Y                              6.75                 6.75              285000             284507.85               1/1/2007             12/1/2036                  1848.51      360   52.98     CA                   2/1/2007        N                 538000                   1          0            1848.51                                                                               92102          12/14/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   52.98                        675           38.09     1YR                                                             0           0           0               0
     1103631997       2-4FAMILY                         2     NOO       PURCHASE              N                            12.475               12.475               33000              32982.91               1/1/2007             12/1/2021                   351.56      180      15     FL                   2/1/2007        Y                 220000                   2          0             351.56                                                                               33034          11/20/2006              2      TB0630_BALLOON                                   0            220000                                 0      95                        767           35.65     2YR                                                             0           0           0               0
     1103632006       SFR                               1     NOO       REFI                  Y                                 9                    9              104000             103885.95               1/1/2007             12/1/2036                   836.81      360      80     FL                   2/1/2007        N                 130000                   1          0             836.81                                                                               33916          12/22/2006              2      PF3630_FIXEDRATE                                 0                 0                                 0      80                        619           47.83     NO-PREPAY                                                       0           0           0               0
     1103632012       CONDO                             1     OO        REFI                  Y                             6.375                6.375              500000                500000               1/1/2007             12/1/2036                  2656.25      360      50     CA                   2/1/2007        N                1000000                   1          3            2656.25                                                                               90292          12/26/2006             15      SA0605EI_ARM-INTONLY                             0                 0                                 0      50                        680               0     2YR                                        12/1/2011            6           3           1               3
     1103632049       CONDO                             1     OO        REFI                  N                              6.25                 6.25              460000                460000               1/1/2007             12/1/2036                  2395.83      360      80     CA                   2/1/2007        N                 575000                   1          3            2395.83                                                                               92869          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        743           43.05     3YR                                        12/1/2011            6           3           1               3
     1103632053       CONDO                             1     NOO       REFI                  N                             5.875                5.875              173000             172908.58              12/1/2006             11/1/2036                   846.98      360   72.09     FL                   2/1/2007        N                 240000                   1          3             846.98                                                                               33063          12/11/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   72.09                        710           21.98     3YR                                        11/1/2011            6           3           1               3
     1103632066       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              304800                304800               1/1/2007             12/1/2036                  2000.25      360      80     CA                   2/1/2007        N                 465000                   1          3            2000.25                                                                               90043          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            381000                             57150      95                        774           49.94     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103632067       SFR                               1     NOO       PURCHASE              N                              12.6                 12.6               57150              57121.24               1/1/2007             12/1/2021                   614.38      180      15     CA                   2/1/2007        Y                 465000                   2          0             614.38                                                                               90043          12/13/2006              2      TB0630_BALLOON                                   0            381000                                 0      95                        774           49.94     NO-PREPAY                                                       0           0           0               0
     1103632070       2-4FAMILY                         2     NOO       PURCHASE              N                               7.5                  7.5              133000                133000               1/1/2007             12/1/2036                   831.25      360      70     FL                   2/1/2007        N                 195000                   1          3             831.25                                                                               33542           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            190000                             47500      95                        679           31.25     3YR                                        12/1/2011            6           3           1             7.5
     1103632071       2-4FAMILY                         2     NOO       PURCHASE              N                            13.125               13.125               47500              47478.77               1/1/2007             12/1/2021                   530.09      180      25     FL                   2/1/2007        Y                 195000                   2          0             530.09                                                                               33542          12/14/2006              2      TB1630_BALLOON                                   0            190000                                 0      95                        679           31.25     3YR                                                             0           0           0               0
     1103632083       SFR                               1     OO        REFI                  Y                                 7                    7              516000                516000               1/1/2007             12/1/2036                     3010      360      80     CA                   2/1/2007        N                 645000                   1          3               3010                                                                               90242          11/29/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        626           44.43     1YR                                        12/1/2011            6           3           1               3
     1103632091       SFR                               1     OO        REFI                  Y                             6.375                6.375              290000                290000               1/1/2007             12/1/2036                  1540.63      360   67.45     CA                   2/1/2007        N                 430000                   1          3            1540.63                                                                               92595          11/30/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   67.45                        654               0     2YR                                        12/1/2011            6           3           1               3
     1103632110       SFR                               1     NOO       PURCHASE              N                             7.375                7.375              151000                151000               1/1/2007             12/1/2036                   928.02      360   79.48     CA                   2/1/2007        N                 194000                   1          3             928.02                                                                               95966          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            190000                             20000      90                        765           31.75     3YR                                        12/1/2011            6           3           1               3
     1103632112       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               20000              19988.18               1/1/2007             12/1/2021                    203.8      180   10.53     CA                   2/1/2007        Y                 194000                   2          0              203.8                                                                               95966          12/19/2006              2      TB0630_BALLOON                                   0            190000                                 0      90                        765           31.75     3YR                                                             0           0           0               0
     1103632183       D-PUDS                            1     OO        REFI                  N                            10.875               10.875               51500              51442.45              12/1/2006             11/1/2021                   485.59      180      10     VA                   2/1/2007        Y                 515000                   2          0             485.59                                                                               20141           11/9/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        667            38.3     2YR                                                             0           0           0               0
     1103632199       2-4FAMILY                         4     OO        PURCHASE              N                              7.75                 7.75              480000                480000               1/1/2007             12/1/2036                     3100      360      80     CA                   2/1/2007        N                 600000                   1        3.5               3100                                                                               92551          12/11/2006              2      PA0605EI_ARM-INTONLY                             0            600000                            120000     100                        780           46.42     3YR                                        12/1/2011            6           3           1             3.5
     1103632210       2-4FAMILY                         3     OO        PURCHASE              N                             6.875                6.875              850000                850000              10/1/2006              9/1/2036                  4869.79      360   78.71     NY                   2/1/2007        N                1080000                   1       2.25            4869.79                                                                               11378          12/19/2006             17      PA0605EI_ARM-INTONLY                             0           1080000                            230000     100                        799           45.51     NO-PREPAY                                   9/1/2011            6           5           1            2.25
     1103632219       SFR                               1     NOO       PURCHASE              N                            11.925               11.925               26250              26234.64               1/1/2007             12/1/2021                    268.5      180      15     CA                   2/1/2007        Y                 175000                   2          0              268.5                                                                               93230          11/17/2006              2      TB0630_BALLOON                                   0            175000                                 0      95                        689           44.42     3YR                                                             0           0           0               0
     1103632263       SFR                               1     OO        PURCHASE              N                            12.625               12.625               64980              64737.53               1/1/2007             12/1/2021                   699.81      180      20     CA                   2/1/2007        Y                 337000                   2          0             699.81                                                                               92571          11/20/2006              2      TB1630_BALLOON                                   0            324900                                 0     100                        652            44.3     2YR                                                             0           0           0               0
     1103632271       SFR                               1     OO        REFI                  Y                                 6                    6              220000             219780.29               2/1/2007              1/1/2037                  1319.01      360   32.36     CA                   2/1/2007        N                 680000                   1          3            1319.01                                                                               90807          12/19/2006              2      PA0605E_ARM                                      0                 0                            100000   47.06                        723            9.66     2YR                                         1/1/2012            6           3           1               3
     1103632312       D-PUDS                            1     OO        REFI                  N                             6.875                6.875              744000                744000               1/1/2007             12/1/2036                   4262.5      360      80     CA                   2/1/2007        N                 930000                   1          5             4262.5                                                                               92688          12/15/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            186000     100                        721            39.4     NO-PREPAY                                  12/1/2011            6           3           1               5
     1103632319       SFR                               1     NOO       REFI                  Y                             8.125                8.125              103600                103600               1/1/2007             12/1/2036                   701.46      360      70     IL                   2/1/2007        N                 148000                   1          3             701.46                                                                               61107          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             37000      95                        652              32     NO-PREPAY                                  12/1/2011            6           3           1           8.125
     1103632354       SFR                               1     OO        REFI                  Y                               5.5                  5.5              494000              492916.1               1/1/2007             12/1/2036                  2804.88      360   78.42     CA                   2/1/2007        N                 630000                   1          0            2804.88                                                                               93036           12/8/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   78.42                        743              35     NO-PREPAY                                                       0           0           0               0
     1103632386       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              423000             422958.64               1/1/2007             12/1/2036                  2379.38      360      90     CA                   2/1/2007        N                 470000                   1       3.75            2379.38                                                                               90504           12/6/2006             15      EA0605EI_ARM-INTONLY                            25            470000                                 0      90                        722               0     3YR                                        12/1/2011            6           3           1            3.75
     1103632436       SFR                               1     OO        PURCHASE              N                            12.375               12.375               97200              97148.57               1/1/2007             12/1/2021                  1027.96      180      20     CA                   2/1/2007        Y                 490000                   2          0            1027.96                                                                               90660          11/30/2006              2      TB1630_BALLOON                                   0            486000                                 0     100                        658           44.62     1YR                                                             0           0           0               0
     1103632448       SFR                               1     OO        REFI                  Y                                 7                    7              132000             131782.97               1/1/2007             12/1/2036                    878.2      360      80     WA                   2/1/2007        N                 165000                   1          0              878.2                                                                               99208          12/13/2006              2      PF1630_FIXEDRATE                                 0                 0                             24750      95                        658           38.86     3YR                                                             0           0           0               0
     1103632491       D-PUDS                            1     NOO       REFI                  Y                              7.75                 7.75              297500                297500               1/1/2007             12/1/2036                  1921.35      360      70     CA                   2/1/2007        N                 425000                   1          3            1921.35                                                                               92342           12/7/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             85000      90                        650           49.45     3YR                                        12/1/2011            6           3           1               3
     1103632500       D-PUDS                            1     NOO       REFI                  Y                             13.75                13.75               85000              84967.03               1/1/2007             12/1/2021                   990.35      180      20     CA                   2/1/2007        Y                 425000                   2          0             990.35                                                                               92342           12/7/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        650           49.45     3YR                                                             0           0           0               0
     1103632508       SFR                               1     OO        REFI                  Y                              7.75                 7.75              106000             105823.87               1/1/2007             12/1/2036                    759.4      360    79.7     OK                   2/1/2007        N                 133000                   1          0              759.4                                                                               74021          12/26/2006              2      PF1630_FIXEDRATE                                 0                 0                             26000   99.25                        675           47.15     NO-PREPAY                                                       0           0           0               0
     1103632522       SFR                               1     NOO       REFI                  Y                             7.125                7.125              154000                154000               2/1/2007              1/1/2037                   914.37      360      70     CA                   2/1/2007        N                 220000                   1          3             914.37                                                                               95966            1/4/2007              2      PA1605EI_ARM-INTONLY                             0                 0                             44000      90                        666           19.37     3YR                                         1/1/2012            6           3           1           7.125
     1103632533       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              169400                169400               1/1/2007             12/1/2036                   917.58      360      70     FL                   2/1/2007        N                 242000                   1          3             917.58                                                                               34953           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             60500      95                        758           44.93     3YR                                        12/1/2011            6           3           1             6.5
     1103632534       SFR                               1     NOO       REFI                  Y                              11.6                 11.6               60500              60461.98               1/1/2007             12/1/2021                   603.75      180      25     FL                   2/1/2007        Y                 242000                   2          0             603.75                                                                               34953           12/7/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        758           44.93     3YR                                                             0           0           0               0
     1103632561       2-4FAMILY                         4     NOO       REFI                  Y                              7.49                 7.49              546000                546000               1/1/2007             12/1/2036                  3407.95      360      70     CA                   2/1/2007        N                 780000                   1          3            3407.95                                                                               90062          12/11/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             78000      80                        686           40.56     3YR                                        12/1/2011            6           3           1               3
     1103632562       2-4FAMILY                         4     NOO       REFI                  Y                            13.125               13.125               78000              77965.14               1/1/2007             12/1/2021                   870.46      180      10     CA                   2/1/2007        Y                 780000                   2          0             870.46                                                                               90062          12/18/2006              2      TB0630_BALLOON                                   0                 0                                 0      80                        686           40.56     1YR                                                             0           0           0               0
     1103632591       D-PUDS                            1     OO        PURCHASE              N                             12.75                12.75              280000              279863.8               1/1/2007             12/1/2021                  3042.74      180   30.11     FL                   2/1/2007        Y                 980000                   2          0            3042.74                                                                               33157           12/7/2006              2      TB1630_BALLOON                                   0            930000                                 0     100                        650           49.88     1YR                                                             0           0           0               0
     1103632594       SFR                               1     OO        PURCHASE              N                             7.125                7.125              508000                508000               1/1/2007             12/1/2036                  3016.25      360      80     FL                   2/1/2007        N                 635000                   1          4            3016.25                                                                               33185           12/5/2006              2      PA1605EI_ARM-INTONLY                             0            635000                            127000     100                        658           36.85     NO-PREPAY                                  12/1/2011            6           3           1               4
     1103632600       SFR                               1     OO        PURCHASE              N                            12.725               12.725              127000             126937.87               1/1/2007             12/1/2021                  1377.63      180      20     FL                   2/1/2007        Y                 635000                   2          0            1377.63                                                                               33185           12/5/2006              2      TB1630_BALLOON                                   0            635000                                 0     100                        658           36.07     NO-PREPAY                                                       0           0           0               0
     1103632683       D-PUDS                            1     OO        REFI                  Y                             11.75                11.75               28500              28471.23              12/1/2006             11/1/2021                   287.68      180      10     NV                   2/1/2007        Y                 285000                   2          0             287.68                                                                               89031          11/16/2006              2      TB1630_BALLOON                                   0                 0                                 0      85                        642           39.21     3YR                                                             0           0           0               0
     1103632695       SFR                               1     OO        REFI                  Y                             7.375                7.375              135800                135800               1/1/2007             12/1/2036                    834.6      360      70     IL                   2/1/2007        N                 194000                   1          3              834.6                                                                               60473          11/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             48500      95                        655           33.03     3YR                                        12/1/2011            6           3           1           7.375
     1103632696       SFR                               1     OO        REFI                  Y                            11.825               11.825               48500              48470.99               1/1/2007             12/1/2021                   492.36      180      25     IL                   2/1/2007        Y                 194000                   2          0             492.36                                                                               60473          11/28/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        655           33.03     NO-PREPAY                                                       0           0           0               0
     1103632703       SFR                               1     NOO       PURCHASE              N                              9.35                 9.35               84600              84513.78               1/1/2007             12/1/2036                   702.12      360   89.98     PA                   2/1/2007        N                 122000                   1          3             702.12                                                                               18702          12/29/2006              2      PA0405E_ARM                                     25             94030                                 0   89.98                        700           34.26     1YR                                        12/1/2011            6           3           1               3
     1103632725       SFR                               1     OO        REFI                  N                             6.375                6.375              390000                390000               1/1/2007             12/1/2036                  2071.88      360      75     CA                   2/1/2007        N                 520000                   1          3            2071.88                                                                               92069          11/30/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             92500   92.79                        664               0     3YR                                        12/1/2011            6           3           1               3
     1103632747       D-PUDS                            1     NOO       REFI                  Y                             12.75                12.75              137250             137183.23               1/1/2007             12/1/2021                  1491.49      180      15     CA                   2/1/2007        Y                 915000                   2          0            1491.49                                                                               92867          12/12/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        714           42.43     NO-PREPAY                                                       0           0           0               0
     1103632764       SFR                               1     OO        PURCHASE              N                             7.875                7.875              141600             141206.35              11/1/2006             10/1/2036                   1026.7      360      80     IL                   2/1/2007        N                 177000                   1          5             1026.7                                                                               60629          12/14/2006             17      PA0602E_ARM                                      0            177000                             35400     100                        714          46.047     NO-PREPAY                                  10/1/2008            5           3           1               5
     1103632768       CONDO                             1     OO        PURCHASE              N                             8.125                8.125              975000                975000              11/1/2006             10/1/2036                  6601.56      360      75     FL                   2/1/2007        N                1300000                   1       2.25            6601.56                                                                               33301          12/14/2006              2      PA0602EI_ARM-INTONLY                             0           1300000                            260000      95                        755          35.825     3YR                                        10/1/2008            5           3           1            2.25
     1103632791       PUD                               1     2ND       REFI                  Y                               6.5                  6.5              815500                815500              11/1/2006             10/1/2036                  4417.29      360      70     TN                   2/1/2007        N                1165000                   1       2.25            4417.29                                                                               37066          12/14/2006              8      XA1630DI_ARM-INTONLY                             0                 0                                 0      70                        696               0     NO-PREPAY                                  10/1/2007            6           2           2            2.25
     1103632803       SFR                               1     OO        REFI                  Y                             6.125                6.125              107200             106885.82              12/1/2006             11/1/2036                   651.36      360      80     NC                   2/1/2007        N                 134000                   1        2.5             651.36                                                                               27610          11/29/2006              1      XA2630D_ARM                                      0                 0                             13400      90                        664          27.389     NO-PREPAY                                  11/1/2007            6           2           2             2.5
     1103632804       SFR                               1     OO        PURCHASE              N                                 6                    6              180500             179592.52              10/1/2006              9/1/2036                  1082.19      360      95     GA                   2/1/2007        N                 190000                   1        2.5            1082.19                                                                               30060          11/29/2006              1      BA1230D_ARM                                     30            190000                                 0      95                        662          24.909     NO-PREPAY                                   9/1/2007            6           2           2             2.5
     1103632811       SFR                               1     OO        REFI                  N                             5.625                5.625              417000             415656.32              12/1/2006             11/1/2036                  2400.49      360      72     CA                   2/1/2007        N                 579167                   1        2.5            2400.49                                                                               91977          11/29/2006              1      XA1630D_ARM                                      0                 0                             57917      82                        680          26.505     NO-PREPAY                                  11/1/2007            6           2           2             2.5
     1103632812       CONDO                             1     OO        REFI                  N                             6.125                6.125              132600                132600               9/1/2006              8/1/2036                   676.81      360   79.88     NV                   2/1/2007        N                 166000                   1       2.25             676.81                                                                               89130          11/29/2006              1      XA0630DI_ARM-INTONLY                             0                 0                                 0   79.88                        738          33.989     NO-PREPAY                                   8/1/2009        4.875           2           2            2.25
     1103632817       SFR                               1     OO        REFI                  Y                             4.875                4.875              180000             178189.37              11/1/2006             10/1/2036                   731.25      360      80     SC                   2/1/2007        N                 225000                   1       2.25             731.25                                                                               29302          11/29/2006              1      XA0630DI_ARM-INTONLY                             0                 0                             22500      90                        793           18.42     NO-PREPAY                                  10/1/2009        6.125           2           2            2.25
     1103632828       SFR                               1     OO        REFI                  N                                 6                    6              392000             391854.01              10/1/2006              9/1/2036                     1960      360      80     AZ                   2/1/2007        N                 490000                   1       2.25               1960                                                                               85653          11/29/2006              1      XA0630DI_ARM-INTONLY                             0                 0                             73500      95                        689          34.839     NO-PREPAY                                   9/1/2009            5           2           2            2.25
     1103632830       SFR                               1     2ND       PURCHASE              N                                 6                    6               39900              39658.68               9/1/2006              8/1/2036                   239.22      360      95     IA                   2/1/2007        N                  42500                   1        2.5             239.22                                                                               50147          11/29/2006              1      BA0230D_ARM                                     30             42000                                 0      95                        795          53.049     NO-PREPAY                                   8/1/2007            6           2           2             2.5
     1103632836       SFR                               1     OO        REFI                  Y                               6.5                  6.5              502400                502400              12/1/2006             11/1/2036                  2721.33      360      80     CA                   2/1/2007        N                 628000                   1       2.25            2721.33                                                                               95127          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        648              40     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103632837       2-4FAMILY                         2     OO        REFI                  Y                              6.25                 6.25              400000                400000              12/1/2006             11/1/2036                  2083.33      360      80     NY                   2/1/2007        N                 500000                   1       2.25            2083.33                                                                               10473          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        714              29     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103632840       SFR                               1     OO        REFI                  Y                             6.125                6.125              660800             660465.28              11/1/2006             10/1/2036                  3372.83      360   79.14     NJ                   2/1/2007        N                 835000                   1       2.75            3372.83                                                                               07076          11/30/2006              1      XA1605DI_ARM-INTONLY                             0                 0                             65882   87.03                        675           29.08     NO-PREPAY                                  10/1/2011            5           5           2            2.75
     1103632846       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              396800                396800              12/1/2006             11/1/2036                  2066.67      360      80     CA                   2/1/2007        N                 496000                   1       2.25            2066.67                                                                               94587          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            496000                             99200     100                        771              40     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103632848       2-4FAMILY                         4     NOO       REFI                  Y                              6.25                 6.25              325000             324691.63              12/1/2006             11/1/2036                  1692.71      360   68.43     DC                   2/1/2007        N                 475000                   1       2.25            1692.71                                                                               20017          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   68.43                        752           37.94     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103632873       SFR                               1     OO        PURCHASE              N                                 7                    7              284000                284000              12/1/2006             11/1/2036                  1656.67      360      80     NY                   2/1/2007        N                 380000                   1          0            1656.67                                                                               10303          12/15/2006              2      PF0630I_FIX-INTONLY                              0            355000                             71000     100                        714           38.49     NO-PREPAY                                                       0           0           0               0
     1103632940       SFR                               1     OO        REFI                  Y                             6.625                6.625              198750                198750               1/1/2007             12/1/2036                  1097.27      360      75     CA                   2/1/2007        N                 265000                   1          3            1097.27                                                                               93534          11/29/2006             17      PA0605EI_ARM-INTONLY                             0                 0                             53000      95                        713              39     1YR                                        12/1/2011            6           3           1               3
     1103632967       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              236000                236000               1/1/2007             12/1/2036                  1278.33      360      80     CA                   2/1/2007        N                 295000                   1          3            1278.33                                                                               90813           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            295000                             59000     100                        686           38.46     3YR                                        12/1/2011            6           3           1               3
     1103632978       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              410000                410000               1/1/2007             12/1/2036                   2562.5      360      80     CA                   2/1/2007        N                 512500                   1          3             2562.5                                                                               91764          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            512500                            102500     100                        643           39.22     1YR                                        12/1/2011            6           3           1               3
     1103633010       CONDO                             1     OO        REFI                  N                             6.375                6.375              264000                264000               1/1/2007             12/1/2036                   1402.5      360      80     CA                   2/1/2007        N                 330000                   1          3             1402.5                                                                               90723          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        760           37.13     2YR                                        12/1/2011            6           3           1               3
     1103633013       SFR                               1     OO        REFI                  N                                 6                    6              213600                213600               1/1/2007             12/1/2036                     1068      360      80     AZ                   2/1/2007        N                 267000                   1          3               1068                                                                               85037          11/30/2006              1      PA2605EI_ARM-INTONLY                             0                 0                             53400     100                        634           39.16     3YR                                        12/1/2011            6           3           1               3
     1103633019       SFR                               1     OO        REFI                  Y                              7.25                 7.25              431000                431000               1/1/2007             12/1/2036                  2603.96      360   63.86     CA                   2/1/2007        N                 675000                   1          3            2603.96                                                                               94561          12/15/2006              7      SA2605EI_ARM-INTONLY                             0                 0                            244000     100                        668           48.79     3YR                                        12/1/2011            6           3           1               3
     1103633036       SFR                               1     OO        REFI                  N                            12.125               12.125               53400              53370.13               1/1/2007             12/1/2021                   554.42      180      20     AZ                   2/1/2007        Y                 267000                   2          0             554.42                                                                               85037          11/30/2006              1      TB2630_BALLOON                                   0                 0                                 0     100                        634           39.16     3YR                                                             0           0           0               0
     1103633086       CONDO                             1     OO        PURCHASE              N                              5.75                 5.75              395200                395200              12/1/2006             11/1/2036                  1893.67      360      80     CA                   2/1/2007        N                 495000                   1       2.25            1893.67                                                                               92126          12/11/2006              1      PA0605EI_ARM-INTONLY                             0            494000                             98800     100                        769           31.71     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103633093       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              290950                290950              12/1/2006             11/1/2036                  1515.36      360      80     CA                   2/1/2007        N                 370000                   1       2.25            1515.36                                                                               92592          11/27/2006              1      PA1605EI_ARM-INTONLY                             0            363695                             72700   99.99                        654            36.6     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103633095       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              920000                920000              11/1/2006             10/1/2036                  5270.83      360      80     CA                   2/1/2007        N                1150000                   1       2.25            5270.83                                                                               94131          12/12/2006              2      PA1605EI_ARM-INTONLY                             0           1150000                            230000     100                        673           34.64     NO-PREPAY                                  10/1/2011            6           6           2            2.25
     1103633164       D-PUDS                            1     OO        REFI                  Y                             6.125                6.125              223200                223200               2/1/2007              1/1/2037                  1139.25      360      80     AZ                   2/1/2007        N                 279000                   1          3            1139.25                                                                               85326          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        705           42.99     2YR                                         1/1/2012            6           3           1               3
     1103633174       SFR                               1     NOO       PURCHASE              N                                 6                    6              214400                214400               1/1/2007             12/1/2036                     1072      360      75     CA                   2/1/2007        N                 286000                   1          3               1072                                                                               92543          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            285900                             42850   89.98                        673           30.21     1YR                                        12/1/2011            6           3           1               3
     1103633180       D-PUDS                            1     OO        REFI                  Y                                 6                    6              620000                620000               1/1/2007             12/1/2036                     3100      360   69.98     CA                   2/1/2007        N                 886000                   1        2.5               3100                                                                               91913           12/5/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0   69.98                        755           43.47     3YR                                        12/1/2011            6           3           1             2.5
     1103633213       SFR                               1     OO        REFI                  Y                             5.625                5.625              334000                333000               1/1/2007             12/1/2036                  1565.63      360   61.86     CA                   2/1/2007        N                 540000                   1          3            1565.63                                                                               91505           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   61.86                        654           43.26     3YR                                        12/1/2011            6           3           1               3
     1103633274       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              226250                226250               1/1/2007             12/1/2036                  1366.93      360   79.99     CA                   2/1/2007        N                 285000                   1          3            1366.93                                                                               93274          12/11/2006              2      PA1605EI_ARM-INTONLY                             0            282868                             56300   99.89                        653           36.89     3YR                                        12/1/2011            6           3           1               3
     1103633289       SFR                               1     OO        PURCHASE              N                              12.1                 12.1               56300                 56300               1/1/2007             12/1/2021                   567.69      180   19.91     CA                   2/1/2007        Y                 285000                   2          0             567.69                                                                               93274          12/11/2006              2      TB1630I_BALLOON-INTONLY                          0            282868                                 0   99.89                        653           36.89     3YR                                                             0           0           0               0
     1103633307       CONDO                             1     OO        PURCHASE              N                             5.625                5.625              318500                318500               1/1/2007             12/1/2036                  1492.97      360      70     CA                   2/1/2007        N                 455000                   1          3            1492.97                                                                               92688           12/5/2006             17      PA0605EI_ARM-INTONLY                             0            455000                            136500     100                        705           36.33     2YR                                        12/1/2011            6           3           1               3
     1103633351       SFR                               1     OO        REFI                  Y                              6.25                 6.25              572000                572000               1/1/2007             12/1/2036                  2979.17      360      80     CA                   2/1/2007        N                 715000                   1          3            2979.17                                                                               94538           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             35750      85                        704           40.68     3YR                                        12/1/2011            6           3           1               3
     1103633374       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              223200                223200               2/1/2007              1/1/2037                   1162.5      360      80     NV                   2/1/2007        N                 280000                   1          3             1162.5                                                                               89145          12/29/2006              2      PA0603EI_ARM-INTONLY                             0            279000                             55800     100                        697           33.07     1YR                                         1/1/2010            6           3           1               3
     1103633456       SFR                               1     OO        REFI                  Y                               8.5                  8.5              114950             114810.23               1/1/2007             12/1/2036                   883.87      360      95     OK                   2/1/2007        N                 121000                   1          3             883.87                                                                               73162          11/29/2006              8      SA2602E_ARM                                     30                 0                                 0      95                        660               0     3YR                                        12/1/2009            6           3           1               3
     1103633469       SFR                               1     NOO       PURCHASE              N                                13                   13               24550              24538.72               1/1/2007             12/1/2021                   271.57      180   19.98     WA                   2/1/2007        Y                 126000                   2          0             271.57                                                                               99362           12/8/2006              2      TB0630_BALLOON                                   0            122880                                 0   94.98                        705           36.65     NO-PREPAY                                                       0           0           0               0
     1103633471       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              420000                420000               1/1/2007             12/1/2036                   2537.5      360   78.51     CA                   2/1/2007        N                 535000                   1        2.5             2537.5                                                                               92126          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   78.51                        669           41.77     3YR                                        12/1/2011            6           3           1             2.5
     1103633522       SFR                               1     OO        REFI                  Y                             5.625                5.625              312000             310530.64              12/1/2006             11/1/2036                   1462.5      360      80     CA                   2/1/2007        N                 390000                   1       2.75             1462.5                                                                               92337           12/6/2006              2      PA0630EI_ARM-INTONLY                             0                 0                                 0      80                        770           42.31     NO-PREPAY                                   5/1/2007            6           3           1            2.75
     1103633525       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              352000                352000              12/1/2006             11/1/2036                  1686.67      360      80     CA                   2/1/2007        N                 490000                   1       2.75            1686.67                                                                               94541          11/22/2006              2      PA0603EI_ARM-INTONLY                             0            440000                             44000      90                        760           32.85     NO-PREPAY                                  11/1/2009            6           3           1            2.75
     1103633528       CONDO                             1     OO        REFI                  N                               6.5                  6.5              496000                496000              12/1/2006             11/1/2036                  2686.67      360      80     CA                   2/1/2007        N                 620000                   1       2.75            2686.67                                                                               92869           12/6/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        733           39.97     NO-PREPAY                                  11/1/2011            6           3           1            2.75
     1103633537       SFR                               1     OO        REFI                  Y                             6.375                6.375              384000                384000              12/1/2006             11/1/2036                     2040      360      80     CA                   2/1/2007        N                 480000                   1       2.75               2040                                                                               92860          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             33600      87                        715           38.38     1YR                                        11/1/2011            6           3           1            2.75
     1103633542       SFR                               1     OO        PURCHASE              N                             5.875                5.875              452000             451993.41              12/1/2006             11/1/2036                  2212.92      360      80     WA                   2/1/2007        N                 565000                   1       2.75            2212.92                                                                               98103          11/22/2006             17      PA0630EI_ARM-INTONLY                             0            565000                                 0      80                        702           39.51     NO-PREPAY                                   5/1/2007            6           3           1            2.75
     1103633543       SFR                               1     NOO       PURCHASE              N                              6.25                 6.25              256000                256000              12/1/2006             11/1/2036                  1333.33      360      80     CA                   2/1/2007        N                 508000                   1          3            1333.33                                                                               92069          11/22/2006              1      PA0607EI_ARM-INTONLY                             0            320000                                 0      80                        701           39.11     3YR                                        11/1/2013            6           3           1               3
     1103633548       PUD                               1     OO        REFI                  Y                             6.375                6.375              360000             359824.54              12/1/2006             11/1/2036                   1912.5      360      80     CA                   2/1/2007        N                 450000                   1       2.75             1912.5                                                                               91754          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        694           40.22     3YR                                        11/1/2011            6           3           1            2.75
     1103633551       SFR                               1     OO        REFI                  Y                             6.125                6.125              627000                627000              12/1/2006             11/1/2036                  3200.31      360   78.38     CA                   2/1/2007        N                 800000                   1       2.75            3200.31                                                                               90019           12/6/2006              2      PA0630EI_ARM-INTONLY                             0                 0                                 0   78.38                        689           36.43     NO-PREPAY                                   5/1/2007            6           3           1            2.75
     1103633552       CONDO                             1     OO        REFI                  N                             5.625                5.625              360000                360000              12/1/2006             11/1/2036                   1687.5      360      80     CA                   2/1/2007        N                 450000                   1       2.75             1687.5                                                                               91745          11/22/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             45000      90                        688           44.75     1YR                                        11/1/2009            6           3           1            2.75
     1103633553       CONDO                             1     OO        REFI                  Y                             6.125                6.125              480000                480000              12/1/2006             11/1/2036                     2450      360      80     CA                   2/1/2007        N                 600000                   1       2.75               2450                                                                               91342          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686           24.26     1YR                                        11/1/2011            6           3           1            2.75
     1103633554       SFR                               1     OO        REFI                  Y                               6.5                  6.5              328000                328000              12/1/2006             11/1/2036                  1776.67      360      80     NV                   2/1/2007        N                 410000                   1       2.75            1776.67                                                                               89014           12/6/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0      80                        685           42.17     NO-PREPAY                                  11/1/2013            6           3           1            2.75
     1103633555       CONDO                             1     OO        REFI                  N                                 6                    6              310000                310000              12/1/2006             11/1/2036                     1550      360    77.5     WA                   2/1/2007        N                 400000                   1       2.75               1550                                                                               98004          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    77.5                        681           28.45     3YR                                        11/1/2011            6           3           1            2.75
     1103633557       CONDO                             1     OO        REFI                  N                               6.5                  6.5              498500                498500              12/1/2006             11/1/2036                  2700.21      360   75.54     CA                   2/1/2007        N                 660000                   1       2.75            2700.21                                                                               90042          11/22/2006              2      PA1607EI_ARM-INTONLY                             0                 0                             95502   90.01                        672            33.5     1YR                                        11/1/2013            6           3           1            2.75
     1103633558       SFR                               1     OO        REFI                  Y                               6.5                  6.5              610000                610000              12/1/2006             11/1/2036                  3304.17      360    74.4     CA                   2/1/2007        N                 820000                   1       2.75            3304.17                                                                               90621          11/22/2006              2      PA1607EI_ARM-INTONLY                             0                 0                             69000   82.81                        670           37.17     NO-PREPAY                                  11/1/2013            6           3           1            2.75
     1103633559       SFR                               1     OO        REFI                  Y                             5.875                5.875              417000                417000              12/1/2006             11/1/2036                  2041.56      360   79.43     CA                   2/1/2007        N                 525000                   1       2.75            2041.56                                                                               90650          11/22/2006              2      PA1603EI_ARM-INTONLY                             0                 0                                 0   79.43                        669           44.75     NO-PREPAY                                  11/1/2009            6           3           1            2.75
     1103633584       PUD                               1     OO        REFI                  Y                             6.875                6.875              364000                364000              12/1/2006             11/1/2036                  2085.42      360      80     NV                   2/1/2007        N                 455000                   1       3.25            2085.42                                                                               89084          11/22/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             22750      85                        652           38.29     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103633590       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              532000                532000              12/1/2006             11/1/2036                  2770.83      360   79.84     CA                   2/1/2007        N                 680000                   1       3.25            2770.83                                                                               95401          11/22/2006              8      XA0605DI_ARM-INTONLY                             0            666365                            134339     100                        692               0     3YR                                        11/1/2011            5           5           2            3.25
     1103633593       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              271920             271919.96              12/1/2006             11/1/2036                  1416.25      360      80     VA                   2/1/2007        N                 360000                   1       3.25            1416.25                                                                               22602          11/22/2006              1      XA1605DI_ARM-INTONLY                             0            339900                             67980     100                        652           47.84     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103633595       CONDO                             1     OO        REFI                  Y                             6.375                6.375              327500                327500              12/1/2006             11/1/2036                  1739.84      360   77.98     CA                   2/1/2007        N                 420000                   1       3.25            1739.84                                                                               92780          11/22/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   77.98                        782           48.12     3YR                                        11/1/2011            5           5           2            3.25
     1103633629       SFR                               1     NOO       REFI                  Y                              7.75                 7.75              245000                245000               1/1/2007             12/1/2036                  1582.29      360      70     CA                   2/1/2007        N                 350000                   1          3            1582.29                                                                               92345          12/14/2006              2      PA2605EI_ARM-INTONLY                             0                 0                             70000      90                        627           44.43     3YR                                        12/1/2011            6           3           1               3
     1103633660       SFR                               1     NOO       REFI                  N                              6.25                 6.25              309000             308107.19               1/1/2007             12/1/2036                  1609.38      360   60.83     CA                   2/1/2007        N                 508000                   1          3            1609.38                                                                               92591           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   60.83                        756           51.89     6MO                                        12/1/2011            6           3           1               3
     1103633663       HI-RISE                           1     OO        PURCHASE              N                                 7                    7              221750                221750               1/1/2007             12/1/2036                  1293.54      360      80     CA                   2/1/2007        N                 297500                   1       2.75            1293.54                                                                               92101          12/26/2006              1      PA2605EI_ARM-INTONLY                             0            277195                             55400   99.99                        624            47.6     1YR                                        12/1/2011            6           3           1            2.75
     1103633676       CONDO                             1     NOO       PURCHASE              N                              8.25                 8.25              172000                172000               1/1/2007             12/1/2036                   1182.5      360      80     FL                   2/1/2007        N                 300000                   1          3             1182.5                                                                               34109          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            215000                             32250      95                        682           23.88     3YR                                        12/1/2011            6           3           1            8.25
     1103633677       CONDO                             1     NOO       PURCHASE              N                              12.3                 12.3               32250              32232.63               1/1/2007             12/1/2021                    339.2      180      15     FL                   2/1/2007        Y                 300000                   2          0              339.2                                                                               34109          12/14/2006              2      TB0630_BALLOON                                   0            215000                                 0      95                        682           23.88     3YR                                                             0           0           0               0
     1103633688       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              228000                228000               1/1/2007             12/1/2036                   1282.5      360      60     OR                   2/1/2007        N                 380000                   1          3             1282.5                                                                               97213           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      60                        708           42.59     2YR                                        12/1/2011            6           3           1               3
     1103633741       SFR                               1     OO        PURCHASE              N                                 7                    7              339750                339750               1/1/2007             12/1/2036                  1981.88      360      75     AZ                   2/1/2007        N                 453000                   1          3            1981.88                                                                               86325          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            453000                            113250     100                        695           42.61     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103633750       SFR                               1     OO        PURCHASE              N                             6.125                6.125              388000                388000              12/1/2006             11/1/2036                  1980.42      360      80     CA                   2/1/2007        N                 510000                   1          3            1980.42                                                                               93551          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            485000                             97000     100                        692              46     3YR                                        11/1/2011            6           3           1               3
     1103633758       HI-RISE                           1     2ND       PURCHASE              N                             6.125                6.125              325500                325500               1/1/2007             12/1/2036                  1661.41      360      70     AL                   2/1/2007        N                 585000                   1          3            1661.41                                                                               36542          12/11/2006              1      PA0605EI_ARM-INTONLY                             0            465000                            116200   94.99                        766           32.01     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103633780       HI-RISE                           1     2ND       PURCHASE              N                              7.25                 7.25              230300                230300               1/1/2007             12/1/2036                   1391.4      360   67.74     MS                   2/1/2007        N                 470000                   1          3             1391.4                                                                               39507          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            340000                             68000   87.74                        741           38.83     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103633782       HI-RISE                           1     2ND       PURCHASE              N                             6.125                6.125              255400                255400               1/1/2007             12/1/2036                   1303.6      360      70     FL                   2/1/2007        N                 444000                   1          3             1303.6                                                                               32550          12/14/2006              1      PA0605EI_ARM-INTONLY                             0            364900                             91200   94.99                        791            33.6     3YR                                        12/1/2011            6           3           1               3
     1103633800       D-PUDS                            1     OO        PURCHASE              N                             5.875                5.875              243750                243750               1/1/2007             12/1/2036                  1193.36      360      75     NV                   2/1/2007        N                 340000                   1          3            1193.36                                                                               89521          12/26/2006             12      SA1607EI_ARM-INTONLY                             0            325000                                 0      75                        699               0     NO-PREPAY                                  12/1/2013            6           3           1               3
     1103633853       SFR                               1     NOO       REFI                  N                             5.625                5.625              333500                333500               1/1/2007             12/1/2036                  1563.28      360   68.77     CA                   2/1/2007        N                 485000                   1          3            1563.28                                                                               92119           12/7/2006              1      PA0603EI_ARM-INTONLY                             0                 0                                 0   68.77                        778           49.53     1YR                                        12/1/2009            6           3           1               3
     1103633932       SFR                               1     OO        REFI                  Y                             6.875                6.875              272000                272000              12/1/2006             11/1/2036                  1558.33      360      80     VA                   2/1/2007        N                 340000                   1       3.25            1558.33                                                                               22191          12/14/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      80                        633               0     1YR                                        11/1/2011            5           5           1            3.25
     1103633936       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              207920                207920              12/1/2006             11/1/2036                   1299.5      360      80     MD                   2/1/2007        N                 260000                   1       3.25             1299.5                                                                               20785          12/14/2006              8      SA0605EI_ARM-INTONLY                             0            259900                             51980     100                        706               0     NO-PREPAY                                  11/1/2011            5           5           1            3.25
     1103633944       SFR                               1     OO        REFI                  Y                                 6                    6              258400             257624.41              12/1/2006             11/1/2036                  1549.24      360      80     MD                   2/1/2007        N                 323000                   1       3.25            1549.24                                                                               21769          11/28/2006              2      PA0605E_ARM                                      0                 0                                 0      80                        709           39.45     NO-PREPAY                                  11/1/2011            5           5           1            3.25
     1103633979       2-4FAMILY                         2     NOO       PURCHASE              N                             7.875                7.875              103530                103530               1/1/2007             12/1/2036                   679.42      360      70     MD                   2/1/2007        N                 147900                   1          3             679.42                                                                               21206          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            147900                             36975      95                        647           45.48     3YR                                        12/1/2011            6           3           1           7.875
     1103634019       SFR                               1     OO        REFI                  Y                             5.875                5.875              200000                200000               1/1/2007             12/1/2036                   979.17      360   48.79     CA                   2/1/2007        N                 410000                   1          3             979.17                                                                               91764           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   48.79                        759           39.84     6MO                                        12/1/2011            6           3           1               3
     1103634032       HI-RISE                           1     OO        PURCHASE              N                              6.25                 6.25              625000             624406.98               2/1/2007              1/1/2037                  3848.23      360   51.03     NY                   2/1/2007        N                1250000                   1          0            3848.23                                                                               11211          12/29/2006              2      PF0630_FIXEDRATE                                 0           1225000                                 0   51.03                        682              44     NO-PREPAY                                                       0           0           0               0
     1103634065       SFR                               1     OO        REFI                  Y                                 6                    6              625000                625000               1/1/2007             12/1/2036                     3125      360   29.77     CA                   2/1/2007        N                2100000                   1          3               3125                                                                               92651          12/12/2006              1      PA0607EI_ARM-INTONLY                             0                 0                                 0   29.77                        737           45.48     3YR                                        12/1/2013            6           3           1               3
     1103634153       D-PUDS                            1     NOO       PURCHASE              N                              7.25                 7.25              147000                147000               1/1/2007             12/1/2036                   888.13      360      70     CO                   2/1/2007        N                 230000                   1          3             888.13                                                                               80501          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            210000                             42000      90                        678           41.01     NO-PREPAY                                  12/1/2011            6           3           1            7.25
     1103634154       D-PUDS                            1     NOO       PURCHASE              N                              13.4                 13.4               42000              41982.34               1/1/2007             12/1/2021                   477.78      180      20     CO                   2/1/2007        Y                 230000                   2          0             477.78                                                                               80501          12/14/2006              2      TB1630_BALLOON                                   0            210000                                 0      90                        678           41.01     NO-PREPAY                                                       0           0           0               0
     1103634165       CONDO                             1     OO        PURCHASE              N                             9.125                9.125              195035                195035               3/1/2007              2/1/2037                  1586.87      360      95     FL                   2/1/2007        N                 210000                   1          0            1586.87                                                                               33637           1/26/2007             12      SF0630_FIXEDRATE                                30            205300                                 0      95                        749               0     2YR                                                             0           0           0               0
     1103634206       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              324000                324000               1/1/2007             12/1/2036                  2126.25      360      80     CA                   2/1/2007        N                 405000                   1          3            2126.25                                                                               95966          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            405000                             40500      90                        703           35.64     3YR                                        12/1/2011            6           3           1               3
     1103634214       SFR                               1     OO        REFI                  N                              5.99                 5.99              388000             387946.91               1/1/2007             12/1/2036                  1936.77      360      80     CA                   2/1/2007        N                 485000                   1          3            1936.77                                                                               92057           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             72750      95                        734            42.6     3YR                                        12/1/2011            6           3           1               3
     1103634216       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               40500              40477.97               1/1/2007             12/1/2021                    424.4      180      10     CA                   2/1/2007        Y                 405000                   2          0              424.4                                                                               95966          12/21/2006              2      TB0630_BALLOON                                   0            405000                                 0      90                        703           35.64     3YR                                                             0           0           0               0
     1103634227       D-PUDS                            1     NOO       PURCHASE              N                             7.375                7.375              117215                117215               1/1/2007             12/1/2036                   720.38      360      70     CO                   2/1/2007        N                 171000                   1          0             720.38                                                                               80916           12/7/2006              2      PF1630I_FIX-INTONLY                              0            167450                             41862      95                        666           49.14     NO-PREPAY                                                       0           0           0               0
     1103634233       CONDO                             1     OO        REFI                  Y                             6.875                6.875              428600             428239.92               2/1/2007              1/1/2037                   2815.6      360   77.23     CA                   2/1/2007        N                 555000                   1          0             2815.6                                                                               92614          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   77.23                        647            46.6     2YR                                                             0           0           0               0
     1103634276       SFR                               1     OO        REFI                  N                               6.7                  6.7              562500                562500               1/1/2007             12/1/2036                  3140.63      360      75     CA                   2/1/2007        N                 750000                   1          3            3140.63                                                                               90241           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            187500     100                        709           38.02     1YR                                        12/1/2011            6           3           1               3
     1103634313       SFR                               1     NOO       PURCHASE              N                             10.75                10.75               27900              27857.42              11/1/2006             10/1/2021                   260.44      180      15     UT                   2/1/2007        Y                 186000                   2          0             260.44                                                                               84401          12/13/2006              2      TB0630_BALLOON                                   0            191979                                 0      90                        717           23.37     NO-PREPAY                                                       0           0           0               0
     1103634325       2-4FAMILY                         2     NOO       PURCHASE              N                            10.125               10.125              231200             231100.42               2/1/2007              1/1/2037                  2050.33      360      80     NJ                   2/1/2007        N                 300000                   1          3            2050.33                                                                               07055            1/4/2007              2      PA1605E_ARM                                      0            289000                             43350      95                        643           46.43     NO-PREPAY                                   1/1/2012            6           3           1          10.125
     1103634351       SFR                               1     OO        REFI                  N                               7.5                  7.5              508000                508000               1/1/2007             12/1/2036                     3175      360      80     CA                   2/1/2007        N                 635000                   1          3               3175                                                                               92804          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            127000     100                        687           40.47     3YR                                        12/1/2011            6           3           1               3
     1103634353       SFR                               1     OO        PURCHASE              N                             6.875                6.875              392800                392800               1/1/2007             12/1/2036                  2250.42      360      80     CA                   2/1/2007        N                 495000                   1          3            2250.42                                                                               90250          11/22/2006              2      PA2605EI_ARM-INTONLY                             0            491000                             98200     100                        634           41.47     3YR                                        12/1/2011            6           3           1               3
     1103634355       SFR                               1     OO        PURCHASE              N                             12.35                12.35               98200              98134.25               1/1/2007             12/1/2021                  1036.63      180      20     CA                   2/1/2007        Y                 495000                   2          0            1036.63                                                                               90250          11/22/2006              2      TB2630_BALLOON                                   0            491000                                 0     100                        634           41.47     3YR                                                             0           0           0               0
     1103634372       SFR                               1     OO        REFI                  Y                              6.75                 6.75              151800                151800               1/1/2007             12/1/2036                   853.88      360      66     MN                   2/1/2007        N                 230000                   1          0             853.88                                                                               55418           12/7/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      66                        693           29.35     3YR                                                             0           0           0               0
     1103634381       SFR                               1     OO        PURCHASE              N                             6.375                6.375              436000                436000               1/1/2007             12/1/2036                  2316.25      360      80     CA                   2/1/2007        N                 545000                   1          3            2316.25                                                                               90603           12/5/2006              2      PA0605EI_ARM-INTONLY                             0            545000                            109000     100                        689           39.47     1YR                                        12/1/2011            6           3           1               3
     1103634406       CONDO                             1     NOO       PURCHASE              N                                 9                    9              177192                177192               1/1/2007             12/1/2036                  1328.94      360      80     FL                   2/1/2007        N                 230000                   1          3            1328.94                                                                               33025           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            221490                             33223      95                        701              50     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103634414       CONDO                             1     NOO       PURCHASE              N                             13.28                13.28               33223              33208.66               1/1/2007             12/1/2021                    374.8      180      15     FL                   2/1/2007        Y                 230000                   2          0              374.8                                                                               33025           12/6/2006              2      TB0630_BALLOON                                   0            221490                                 0      95                        701              50     NO-PREPAY                                                       0           0           0               0
     1103634440       CONDO                             1     NOO       PURCHASE              N                             7.625                7.625              393750                393750               1/1/2007             12/1/2036                  2501.95      360      75     CA                   2/1/2007        N                 525000                   1          3            2501.95                                                                               92122          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            525000                             78750      90                        655           40.87     3YR                                        12/1/2011            6           3           1               3
     1103634456       CONDO                             1     NOO       PURCHASE              N                            13.625               13.625               78750              78718.58               1/1/2007             12/1/2021                   909.76      180      15     CA                   2/1/2007        Y                 525000                   2          0             909.76                                                                               92122          11/30/2006              2      TB1630_BALLOON                                   0            525000                                 0      90                        655           40.87     3YR                                                             0           0           0               0
     1103634528       SFR                               1     OO        REFI                  N                              6.75                 6.75              999000                999000              12/1/2006             11/1/2036                  5619.38      360   72.66     CA                   2/1/2007        N                1375000                   1       3.25            5619.38                                                                               95401           12/5/2006              2      XA0605DI_ARM-INTONLY                             0                 0                            237050    89.9                        692           44.29     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103634534       PUD                               1     OO        REFI                  Y                             6.125                6.125              252500             252498.28              12/1/2006             11/1/2036                   1288.8      360   84.45     AZ                   2/1/2007        N                 299000                   1       2.25             1288.8                                                                               85374           12/5/2006              1      BA0205DI_ARM-INTONLY                            12                 0                                 0   84.45                        709           39.72     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103634539       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              256000                256000              12/1/2006             11/1/2036                  1333.33      360      80     NJ                   2/1/2007        N                 320000                   1       2.25            1333.33                                                                               07735          11/20/2006              1      XA0605DI_ARM-INTONLY                             0            320000                             64000     100                        699           40.47     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103634553       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              180000                180000              12/1/2006             11/1/2036                      975      360      80     GA                   2/1/2007        N                 225400                   1       3.25                975                                                                               30132          11/20/2006              2      XA0605DI_ARM-INTONLY                             0            225000                             45000     100                        719           36.52     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103634597       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              487500                487500               2/1/2007              1/1/2037                  2742.19      360      75     CA                   2/1/2007        N                 650000                   1          3            2742.19                                                                               90640          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            650000                            162500     100                        723           44.82     2YR                                         1/1/2012            6           3           1               3
     1103634609       SFR                               1     NOO       REFI                  Y                            10.375               10.375              297500                297500               1/1/2007             12/1/2036                  2572.14      360      85     MN                   2/1/2007        N                 350000                   1          4            2572.14                                                                               55362           12/7/2006              2      PA1405EI_ARM-INTONLY                            22                 0                                 0      85                        660           11.97     3YR                                        12/1/2011            6           3           1          10.375
     1103634640       SFR                               1     OO        REFI                  Y                             6.625                6.625              332000                332000               2/1/2007              1/1/2037                  1832.92      360      80     CA                   2/1/2007        N                 415000                   1          3            1832.92                                                                               91706          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             83000     100                        700              45     3YR                                         1/1/2012            6           3           1               3
     1103634677       CONDO                             1     NOO       PURCHASE              N                             7.625                7.625              138675                138675               2/1/2007              1/1/2037                   881.16      360      75     FL                   2/1/2007        N                 185000                   1          3             881.16                                                                               33063          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            184900                             36980      95                        747              48     2YR                                         1/1/2012            6           3           1               3
     1103634678       CONDO                             1     NOO       PURCHASE              N                              12.8                 12.8               36980              36971.15               2/1/2007              1/1/2022                    403.3      180      20     FL                   2/1/2007        Y                 185000                   2          0              403.3                                                                               33063          12/28/2006              2      TB0630_BALLOON                                   0            184900                                 0      95                        747              48     2YR                                                             0           0           0               0
     1103634684       SFR                               1     NOO       PURCHASE              N                                13                   13               42850              42830.29               1/1/2007             12/1/2021                   474.01      180   14.99     CA                   2/1/2007        Y                 286000                   2          0             474.01                                                                               92543          11/30/2006              2      TB1630_BALLOON                                   0            285900                                 0   89.98                        673           30.21     1YR                                                             0           0           0               0
     1103634691       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              159200             158950.87               1/1/2007             12/1/2036                  1086.02      360      80     NJ                   2/1/2007        N                 201000                   1          3            1086.02                                                                               08844          12/12/2006              2      PA1605E_ARM                                      0            199000                             39800     100                        660           25.25     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103634696       CONDO                             1     OO        PURCHASE              N                              12.5                 12.5               39800              39779.52               1/1/2007             12/1/2021                   424.77      180      20     NJ                   2/1/2007        Y                 201000                   2          0             424.77                                                                               08844          12/13/2006              2      TB1630_BALLOON                                   0            199000                                 0     100                        660           25.25     NO-PREPAY                                                       0           0           0               0
     1103634703       SFR                               1     NOO       REFI                  Y                             5.875                5.875              100000                100000               1/1/2007             12/1/2036                   489.58      360   48.79     CA                   2/1/2007        N                 205000                   1          3             489.58                                                                               93618           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   48.79                        707           41.28     3YR                                        12/1/2011            6           3           1               3
     1103634723       SFR                               1     OO        REFI                  Y                              7.75                 7.75              150000                150000               1/1/2007             12/1/2036                   968.75      360      75     VA                   2/1/2007        N                 200000                   1          3             968.75                                                                               22556          12/14/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      75                        649           21.27     2YR                                        12/1/2011            6           3           1            7.75
     1103634741       SFR                               1     NOO       REFI                  Y                             6.125                6.125              252000             251937.72               1/1/2007             12/1/2036                  1286.25      360      70     CA                   2/1/2007        N                 360000                   1          3            1286.25                                                                               95204           12/8/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0      70                        706           40.85     1YR                                        12/1/2013            6           3           1               3
     1103634753       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              164000                164000               1/1/2007             12/1/2036                     1025      360      80     NV                   2/1/2007        N                 210000                   1          0               1025                                                                               89030          12/18/2006              2      PF1630I_FIX-INTONLY                              0            205000                             41000     100                        668           43.99     3YR                                                             0           0           0               0
     1103634773       D-PUDS                            1     NOO       PURCHASE              N                             6.625                6.625              196427                196427               1/1/2007             12/1/2036                  1084.44      360      70     CO                   2/1/2007        N                 283500                   1          3            1084.44                                                                               80920          12/14/2006              2      PA0603EI_ARM-INTONLY                             0            280610                             70152      95                        693           40.43     1YR                                        12/1/2009            6           3           1           6.625
     1103634774       D-PUDS                            1     NOO       PURCHASE              N                              13.1                 13.1               70152              70120.46               1/1/2007             12/1/2021                   781.51      180      25     CO                   2/1/2007        Y                 283500                   2          0             781.51                                                                               80920          12/14/2006              2      TB0630_BALLOON                                   0            280610                                 0      95                        693           40.62     NO-PREPAY                                                       0           0           0               0
     1103634780       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              235200                235200               1/1/2007             12/1/2036                     1127      360      70     CA                   2/1/2007        N                 336000                   1          3               1127                                                                               95624          12/14/2006             17      PA0605EI_ARM-INTONLY                             0            336000                            100800     100                        787           40.55     3YR                                        12/1/2011            6           3           1               3
     1103634786       SFR                               1     NOO       REFI                  Y                                 7                    7              510000                510000               1/1/2007             12/1/2036                     2975      360      75     CA                   2/1/2007        N                 680000                   1          3               2975                                                                               92866          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            102000      90                        714           41.77     1YR                                        12/1/2011            6           3           1               3
     1103634787       SFR                               1     NOO       REFI                  Y                             12.75                12.75              102000             101950.38               1/1/2007             12/1/2021                  1108.43      180      15     CA                   2/1/2007        Y                 680000                   2          0            1108.43                                                                               92866          12/20/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        714           41.77     NO-PREPAY                                                       0           0           0               0
     1103634790       SFR                               1     NOO       PURCHASE              N                               7.5                  7.5              427500                427500               1/1/2007             12/1/2036                  2671.88      360      75     CA                   2/1/2007        N                 570000                   1          3            2671.88                                                                               90039           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            570000                            114000      95                        656           31.19     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103634922       PUD                               1     NOO       REFI                  Y                             6.125                6.125              141000                141000               1/1/2007             12/1/2036                   719.69      360      60     MD                   2/1/2007        N                 235000                   1          3             719.69                                                                               20743           12/6/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      60                        654           41.74     3YR                                        12/1/2011            6           3           1               3
     1103634924       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              360000                360000              12/1/2006             11/1/2036                     1875      360      80     CA                   2/1/2007        N                 470000                   1       2.75               1875                                                                               90650           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            450000                             90000     100                        739           44.04     3YR                                        11/1/2011            6           3           1            6.25
     1103634925       HI-RISE                           1     NOO       REFI                  Y                             8.125                8.125              336000                336000              12/1/2006             11/1/2036                     2275      360      80     MD                   2/1/2007        N                 420000                   1       2.75               2275                                                                               21230           12/8/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        702               0     NO-PREPAY                                  11/1/2011            6           3           1           8.125
     1103634926       HI-RISE                           1     NOO       REFI                  Y                             8.125                8.125              200000                200000              12/1/2006             11/1/2036                  1354.17      360      80     VA                   2/1/2007        N                 250000                   1       2.75            1354.17                                                                               22204           12/8/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        702               0     3YR                                        11/1/2011            6           3           1           8.125
     1103634928       2-4FAMILY                         4     NOO       PURCHASE              N                               8.5                  8.5              516800                516800              12/1/2006             11/1/2036                  3660.67      360      80     CA                   2/1/2007        N                 646000                   1       2.75            3660.67                                                                               90710           12/8/2006              8      SA0605EI_ARM-INTONLY                             0            646000                             96900      95                        743               0     1YR                                        11/1/2011            6           3           1             8.5
     1103634929       SFR                               1     NOO       PURCHASE              N                              7.75                 7.75              171200                171200              12/1/2006             11/1/2036                  1105.67      360      80     CA                   2/1/2007        N                 225000                   1       2.75            1105.67                                                                               93307           12/8/2006              8      SA2605EI_ARM-INTONLY                             0            214000                             32100      95                        663               0     3YR                                        11/1/2011            6           3           1            7.75
     1103634930       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              212000                212000              12/1/2006             11/1/2036                  1280.83      360      80     CA                   2/1/2007        N                 290000                   1       2.75            1280.83                                                                               92324           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            265000                             53000     100                        644           20.71     3YR                                        11/1/2011            6           3           1            7.25
     1103634931       SFR                               1     NOO       REFI                  N                              6.75                 6.75              332000                332000              12/1/2006             11/1/2036                   1867.5      360   78.49     CA                   2/1/2007        N                 423000                   1       2.75             1867.5                                                                               91766           12/8/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   78.49                        723               0     3YR                                        11/1/2011            6           3           1            6.75
     1103634932       2-4FAMILY                         4     OO        PURCHASE              N                             7.875                7.875              536000                536000              12/1/2006             11/1/2036                   3517.5      360      80     CA                   2/1/2007        N                 670000                   1       2.75             3517.5                                                                               90002           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            670000                            134000     100                        679           40.65     1YR                                        11/1/2011            6           3           1           7.875
     1103634933       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              324947                324947              12/1/2006             11/1/2036                  2030.92      360      80     CA                   2/1/2007        N                 413000                   1       2.75            2030.92                                                                               92545           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            406184                             81236     100                        657           39.43     3YR                                        11/1/2011            6           3           1             7.5
     1103634935       SFR                               1     OO        PURCHASE              N                             7.375                7.375              391945                391945              12/1/2006             11/1/2036                  2408.83      360      80     CA                   2/1/2007        N                 509000                   1       2.75            2408.83                                                                               93727           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            489932                             97986     100                        646           40.89     1YR                                        11/1/2011            6           3           1           7.375
     1103634936       SFR                               1     OO        REFI                  Y                             7.125                7.125              332000                332000              12/1/2006             11/1/2036                  1971.25      360      80     CA                   2/1/2007        N                 415000                   1       2.75            1971.25                                                                               92504           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             83000     100                        680           46.85     1YR                                        11/1/2011            6           3           1           7.125
     1103634937       SFR                               1     OO        PURCHASE              N                             6.625                6.625              280000                280000              12/1/2006             11/1/2036                  1545.83      360      80     CA                   2/1/2007        N                 350000                   1       2.75            1545.83                                                                               93535           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            350000                             70000     100                        667           43.23     3YR                                        11/1/2011            6           3           1           6.625
     1103634938       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              480000                480000              12/1/2006             11/1/2036                     2750      360      80     CA                   2/1/2007        N                 600000                   1       2.75               2750                                                                               93036           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            600000                             60000      90                        701           30.21     3YR                                        11/1/2011            6           3           1           6.875
     1103634939       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              479920                479920              12/1/2006             11/1/2036                   2999.5      360      80     CA                   2/1/2007        N                 600000                   1       2.75             2999.5                                                                               91711           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            599900                            119980     100                        663            42.8     1YR                                        11/1/2011            6           3           1             7.5
     1103634940       2-4FAMILY                         2     OO        REFI                  Y                             8.375                8.375              472000                472000              12/1/2006             11/1/2036                  3294.17      360      80     CA                   2/1/2007        N                 590000                   1       2.75            3294.17                                                                               90221           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            118000     100                        644           42.47     NO-PREPAY                                  11/1/2011            6           3           1           8.375
     1103634942       TOWNHOUSE                         1     OO        PURCHASE              N                              6.25                 6.25              184000                184000              12/1/2006             11/1/2036                   958.33      360      80     FL                   2/1/2007        N                 230000                   1       2.75             958.33                                                                               33026           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            230000                             46000     100                        767           37.38     3YR                                        11/1/2011            6           3           1            6.25
     1103634943       2-4FAMILY                         3     NOO       PURCHASE              N                             9.375                9.375              199920             199614.76              12/1/2006             11/1/2036                  1662.83      360      80     CT                   2/1/2007        N                 255000                   1       2.75            1662.83                                                                               06604           12/8/2006              2      PA0605E_ARM                                      0            249900                             37485      95                        691           46.63     1YR                                        11/1/2011            6           3           1           9.375
     1103634945       2-4FAMILY                         4     OO        PURCHASE              N                             7.625                7.625              310800                310800              12/1/2006             11/1/2036                  1974.88      360      80     CA                   2/1/2007        N                 388500                   1       2.75            1974.88                                                                               93305           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            390000                             77700     100                        708           29.69     3YR                                        11/1/2011            6           3           1           7.625
     1103634946       SFR                               1     OO        PURCHASE              N                             6.875                6.875              424000                424000              12/1/2006             11/1/2036                  2429.17      360      80     CA                   2/1/2007        N                 535000                   1       2.75            2429.17                                                                               91306           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            530000                            106000     100                        671           41.84     3YR                                        11/1/2011            6           3           1           6.875
     1103634948       SFR                               1     OO        PURCHASE              N                             5.875                5.875              399200                399200              12/1/2006             11/1/2036                  1954.42      360      80     CA                   2/1/2007        N                 499000                   1       2.75            1954.42                                                                               90002           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            499000                             99800     100                        729           44.28     3YR                                        11/1/2011            6           3           1           5.875
     1103634949       CONDO                             1     OO        REFI                  Y                              6.75                 6.75              290000              289998.5              12/1/2006             11/1/2036                  1631.25      360   71.79     CA                   2/1/2007        N                 404000                   1       2.75            1631.25                                                                               95116           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   71.79                        785           30.71     1YR                                        11/1/2011            6           3           1            6.75
     1103634950       PUD                               1     OO        PURCHASE              N                             6.875                6.875              227960                227960              12/1/2006             11/1/2036                  1306.02      360      80     WA                   2/1/2007        N                 285000                   1       2.75            1306.02                                                                               98374           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            284950                             56990     100                        667              50     3YR                                        11/1/2011            6           3           1           6.875
     1103634951       SFR                               1     NOO       REFI                  N                             7.125                7.125              120000                120000              12/1/2006             11/1/2036                    712.5      360      80     MS                   2/1/2007        N                 150000                   1       2.75              712.5                                                                               39208           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        647            33.7     3YR                                        11/1/2011            6           3           1           7.125
     1103634954       SFR                               1     OO        REFI                  Y                               7.5                  7.5              220000                220000              12/1/2006             11/1/2036                     1375      360      80     CA                   2/1/2007        N                 275000                   1       2.75               1375                                                                               93620           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             55000     100                        673           44.99     3YR                                        11/1/2011            6           3           1             7.5
     1103634956       SFR                               1     OO        PURCHASE              N                             7.375                7.375              452000                452000              12/1/2006             11/1/2036                  2777.92      360      80     CA                   2/1/2007        N                 565000                   1       2.75            2777.92                                                                               91754           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            565000                            113000     100                        651           29.65     NO-PREPAY                                  11/1/2011            6           3           1           7.375
     1103634958       2-4FAMILY                         3     OO        PURCHASE              N                             7.625                7.625              380000             379995.54              12/1/2006             11/1/2036                  2414.58      360      80     CA                   2/1/2007        N                 475000                   1       2.75            2414.58                                                                               92501           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            475000                             95000     100                        725           41.68     1YR                                        11/1/2011            6           3           1           7.625
     1103634959       SFR                               1     OO        PURCHASE              N                                 7                    7              247200                247200              12/1/2006             11/1/2036                     1442      360      80     CA                   2/1/2007        N                 309000                   1       2.75               1442                                                                               91766           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            309000                             61800     100                        665           38.86     NO-PREPAY                                  11/1/2011            6           3           1               7
     1103634961       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              168000                168000              12/1/2006             11/1/2036                     1050      360      80     CA                   2/1/2007        N                 220000                   1       2.75               1050                                                                               92503           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            210000                             42000     100                        658           44.33     3YR                                        11/1/2011            6           3           1             7.5
     1103634962       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              343920                343920              12/1/2006             11/1/2036                  1898.73      360      80     CA                   2/1/2007        N                 430000                   1       2.75            1898.73                                                                               92108           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            429900                             85980     100                        738           40.06     3YR                                        11/1/2011            6           3           1           6.625
     1103634963       CONDO                             1     NOO       PURCHASE              N                              7.25                 7.25               80000                 80000              12/1/2006             11/1/2036                   483.33      360      80     CA                   2/1/2007        N                 100000                   1       2.75             483.33                                                                               93307           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            100000                             15000      95                        713           30.43     3YR                                        11/1/2011            6           3           1            7.25
     1103634964       SFR                               1     OO        REFI                  Y                              6.99                 6.99              420000                420000              12/1/2006             11/1/2036                   2446.5      360      80     CA                   2/1/2007        N                 525000                   1       2.75             2446.5                                                                               90605           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            105000     100                        701           44.46     3YR                                        11/1/2011            6           3           1            6.99
     1103634966       SFR                               1     OO        PURCHASE              N                             6.875                6.875              514400                514400              12/1/2006             11/1/2036                  2947.08      360      80     CA                   2/1/2007        N                 643000                   1       2.75            2947.08                                                                               91741           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            643000                            128600     100                        647           44.84     3YR                                        11/1/2011            6           3           1           6.875
     1103634967       SFR                               1     OO        REFI                  Y                              7.99                 7.99              396000                396000              12/1/2006             11/1/2036                   2636.7      360      80     CA                   2/1/2007        N                 495000                   1       2.75             2636.7                                                                               90280           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             99000     100                        652            13.6     1YR                                        11/1/2011            6           3           1            7.99
     1103634970       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              364000                364000              12/1/2006             11/1/2036                   2047.5      360      80     CA                   2/1/2007        N                 459000                   1       2.75             2047.5                                                                               91710           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            455000                             91000     100                        668           40.24     3YR                                        11/1/2011            6           3           1            6.75
     1103634971       SFR                               1     OO        REFI                  N                             6.875                6.875              456000                456000              12/1/2006             11/1/2036                   2612.5      360      80     CA                   2/1/2007        N                 570000                   1       3.25             2612.5                                                                               91331          12/22/2006              2      PA0607EI_ARM-INTONLY                             0                 0                             40000   87.02                        718            30.3     NO-PREPAY                                  11/1/2013            6           5           1           6.875
     1103634973       SFR                               1     OO        PURCHASE              N                             6.625                6.625              212000                212000              12/1/2006             11/1/2036                  1170.42      360      80     CA                   2/1/2007        N                 270000                   1       2.75            1170.42                                                                               93536           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            265000                             53000     100                        693            41.4     3YR                                        11/1/2011            6           3           1           6.625
     1103634974       SFR                               1     OO        REFI                  Y                             5.875                5.875              251388             251379.48              12/1/2006             11/1/2036                  1230.75      360   79.81     CA                   2/1/2007        N                 315000                   1       2.75            1230.75                                                                               92544           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.81                        688           41.98     3YR                                        11/1/2011            6           3           1           5.875
     1103634976       SFR                               1     OO        PURCHASE              N                             6.625                6.625              384000                384000              12/1/2006             11/1/2036                     2120      360      80     CA                   2/1/2007        N                 480000                   1       2.75               2120                                                                               90250           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            480000                             96000     100                        693           49.57     3YR                                        11/1/2011            6           3           1           6.625
     1103634981       2-4FAMILY                         4     NOO       PURCHASE              N                             7.875                7.875               96000                 96000               1/1/2007             12/1/2036                      630      360      80     TX                   2/1/2007        N                 124000                   1       2.75                630                                                                               78237           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            120000                             18000      95                        735           30.95     NO-PREPAY                                  12/1/2011            6           3           1           7.875
     1103635036       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              360000                360000               1/1/2007             12/1/2036                     2025      360      90     CA                   2/1/2007        N                 425000                   1      4.125               2025                                                                               91701          11/29/2006              2      PA1405EI_ARM-INTONLY                            25            400000                                 0      90                        659            48.4     3YR                                        12/1/2011            6           3           1           4.125
     1103635039       SFR                               1     OO        PURCHASE              N                             12.65                12.65               89000              88887.54              10/1/2006              9/1/2021                   960.23      180      20     NY                   2/1/2007        Y                 445000                   2          0             960.23                                                                               11550          11/30/2006             17      UB3330_BALLOON                                   0            445000                                 0     100                        618           44.99     NO-PREPAY                                                       0           0           0               0
     1103635043       SFR                               1     NOO       REFI                  Y                             6.625                6.625              228000                228000               1/1/2007             12/1/2036                  1258.75      360   67.06     CA                   2/1/2007        N                 340000                   1          3            1258.75                                                                               95823          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   67.06                        708           38.56     3YR                                        12/1/2011            6           3           1               3
     1103635055       SFR                               1     OO        REFI                  Y                              6.25                 6.25              152000                152000               1/1/2007             12/1/2036                   791.67      360   43.43     CA                   2/1/2007        N                 350000                   1          0             791.67                                                                               95337          12/14/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   43.43                        718            28.8     3YR                                                             0           0           0               0
     1103635065       SFR                               1     NOO       REFI                  N                             8.875                8.875              266000                266000              12/1/2006             11/1/2036                  1967.29      360      95     FL                   2/1/2007        N                 280000                   1       3.75            1967.29                                                                               33993           12/7/2006              8      XA0405EI_ARM-INTONLY                            30                 0                                 0      95                        775               0     3YR                                        11/1/2011            6           6           2            3.75
     1103635071       SFR                               1     NOO       PURCHASE              N                             9.875                9.875              182700                182700              12/1/2006             11/1/2036                  1503.47      360      90     FL                   2/1/2007        N                 203000                   1          4            1503.47                                                                               33404           12/7/2006              8      EA2605EI_ARM-INTONLY                            25            203000                                 0      90                        629               0     3YR                                        11/1/2011            6           6           2               4
     1103635072       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              165000                165000              12/1/2006             11/1/2036                  1031.25      360     100     FL                   2/1/2007        N                 185000                   1      3.875            1031.25                                                                               33716           12/7/2006              2      XA0403EI_ARM-INTONLY                            35            165000                                 0     100                        756           41.11     3YR                                        11/1/2009            6           6           2           3.875
     1103635073       CONDO                             1     NOO       PURCHASE              N                             8.875                8.875              215640                215640              12/1/2006             11/1/2036                  1594.84      360      95     FL                   2/1/2007        N                 227000                   1          4            1594.84                                                                               33556           12/7/2006              1      XA0405EI_ARM-INTONLY                            30            226990                                 0      95                        681           41.33     3YR                                        11/1/2011            6           6           2               4
     1103635074       PUD                               1     NOO       REFI                  Y                              8.25                 8.25              263500             263287.95              12/1/2006             11/1/2036                  1881.76      360      85     FL                   2/1/2007        Y                 310000                   1        3.5            1881.76                                                                               33543           12/7/2006             12      BL0105E_ARM-BALLOON                             22                 0                                 0      85                        722               0     3YR                                        11/1/2011            6           6           2             3.5
     1103635078       SFR                               1     OO        PURCHASE              N                             8.125                8.125              347000             346710.47              12/1/2006             11/1/2036                  2445.34      360     100     MD                   2/1/2007        Y                 350000                   1          4            2445.34                                                                               20706           12/7/2006              8      XL0403E_ARM-BALLOON                             35            347000                                 0     100                        709               0     NO-PREPAY                                  11/1/2009            6           6           2               4
     1103635083       SFR                               1     OO        REFI                  N                                 9                    9              279800             279619.34              12/1/2006             11/1/2036                  2158.27      360   99.93     IL                   2/1/2007        Y                 280000                   1      4.625            2158.27                                                                               60050           12/7/2006              8      XL1407E_ARM-BALLOON                             35                 0                                 0   99.93                        661               0     NO-PREPAY                                  11/1/2013            6           6           2           4.625
     1103635085       PUD                               1     OO        PURCHASE              N                               9.5                  9.5              329895                329895              12/1/2006             11/1/2036                  2611.67      360     100     NV                   2/1/2007        N                 340000                   1          4            2611.67                                                                               89436           12/7/2006              8      XA2403EI_ARM-INTONLY                            35            329895                                 0     100                        679               0     3YR                                        11/1/2009            6           6           2               4
     1103635088       SFR                               1     2ND       REFI                  N                               6.5                  6.5              203600             203044.83              12/1/2006             11/1/2036                  1286.89      360   82.77     FL                   2/1/2007        N                 246000                   1       2.25            1286.89                                                                               33971           12/7/2006              2      BA0205D_ARM                                     12                 0                                 0   82.77                        787           38.97     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103635089       HI-RISE                           1     NOO       PURCHASE              N                             7.125                7.125              251370             250696.09              12/1/2006             11/1/2036                  1584.97      360      90     AZ                   2/1/2007        Y                 280000                   1      2.875            1584.97                                                                               85012           12/7/2006              8      SL0605E_ARM-BALLOON                             25            279300                                 0      90                        728               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635090       CONDO                             1     NOO       PURCHASE              N                             7.125                7.125              270000             269003.89              12/1/2006             11/1/2036                  1819.04      360      90     AZ                   2/1/2007        N                 300000                   1      2.875            1819.04                                                                               85012           12/7/2006              8      SA0605E_ARM                                     25            300000                                 0      90                        728               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635091       CONDO                             1     NOO       PURCHASE              N                             7.375                7.375              210870             210651.89              12/1/2006             11/1/2036                  1368.23      360      90     AZ                   2/1/2007        Y                 240000                   1      2.875            1368.23                                                                               85012           12/7/2006              8      SL0605E_ARM-BALLOON                             25            234300                                 0      90                        711               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635092       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              231705             231456.71              12/1/2006             11/1/2036                  1482.15      360      95     VA                   2/1/2007        Y                 247000                   1      2.875            1482.15                                                                               22302           12/7/2006              8      SL2605E_ARM-BALLOON                             30            243900                                 0      95                        623               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635093       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              385000                385000              12/1/2006             11/1/2036                  2165.63      360     100     VA                   2/1/2007        N                 388000                   1      2.875            2165.63                                                                               22191           12/7/2006              8      XA0605EI_ARM-INTONLY                            35            385000                                 0     100                        690               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635094       PUD                               1     OO        PURCHASE              N                                 7                    7              245000                245000              12/1/2006             11/1/2036                  1429.17      360     100     MD                   2/1/2007        N                 250000                   1      2.875            1429.17                                                                               21703           12/7/2006              8      XA0603EI_ARM-INTONLY                            35            245000                                 0     100                        693               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635095       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              355000             354619.56              12/1/2006             11/1/2036                  2270.84      360     100     VA                   2/1/2007        Y                 375000                   1      2.875            2270.84                                                                               22303           12/7/2006              8      XL0603E_ARM-BALLOON                             35            355000                                 0     100                        689               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635096       SFR                               1     OO        REFI                  N                             7.125                7.125              131700             131382.15              12/1/2006             11/1/2036                   887.29      360   84.97     IL                   2/1/2007        N                 155000                   1        3.5             887.29                                                                               60073          12/22/2006              8      BA2205E_ARM                                     12                 0                                 0   84.97                        662               0     1YR                                        11/1/2011            6           6           2             3.5
     1103635098       SFR                               1     2ND       REFI                  N                             6.375                6.375              216400             215795.53              12/1/2006             11/1/2036                  1350.05      360      80     FL                   2/1/2007        N                 270500                   1       2.25            1350.05                                                                               33993           12/7/2006              2      XA0605D_ARM                                      0                 0                                 0      80                        789           36.74     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103635102       PUD                               1     OO        REFI                  Y                                 7                    7              192000                192000              12/1/2006             11/1/2036                     1120      360      80     FL                   2/1/2007        N                 240000                   1      2.875               1120                                                                               33063           12/7/2006              1      PA2603EI_ARM-INTONLY                             0                 0                                 0      80                        620          47.333     3YR                                        11/1/2009            6           6           2           2.875
     1103635103       SFR                               1     OO        REFI                  Y                             7.875                7.875              300000                300000              12/1/2006             11/1/2036                  1968.75      360      80     FL                   2/1/2007        N                 375000                   1      2.875            1968.75                                                                               33313           12/7/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      80                        636               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635105       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              301600             301276.81              12/1/2006             11/1/2036                  1929.25      360      80     VA                   2/1/2007        Y                 378000                   1      2.875            1929.25                                                                               23838           12/7/2006              8      SL0605E_ARM-BALLOON                              0            377000                             75400     100                        698               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635106       SFR                               1     OO        PURCHASE              N                             7.375                7.375              171200                171200              12/1/2006             11/1/2036                  1052.17      360      80     NC                   2/1/2007        N                 215000                   1      2.875            1052.17                                                                               27603           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            214000                             42800     100                        672               0     2YR                                        11/1/2009            6           3           1           2.875
     1103635107       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              246944                246944              12/1/2006             11/1/2036                   1543.4      360      80     FL                   2/1/2007        N                 320000                   1      2.875             1543.4                                                                               34637           12/7/2006              2      BA2603EI_ARM-INTONLY                             0            308680                             61736     100                        626          41.426     3YR                                        11/1/2009            6           6           2           2.875
     1103635108       PUD                               1     OO        PURCHASE              N                             6.875                6.875              228000                228000              12/1/2006             11/1/2036                  1306.25      360      80     FL                   2/1/2007        N                 302000                   1      2.875            1306.25                                                                               33566           12/7/2006              2      PA0605EI_ARM-INTONLY                             0            285000                             57000     100                        686           38.68     3YR                                        11/1/2011            6           6           2           2.875
     1103635109       CONDO                             1     NOO       PURCHASE              N                               7.5                  7.5              109200                109200              12/1/2006             11/1/2036                    682.5      360   69.78     FL                   2/1/2007        N                 160000                   1      2.875              682.5                                                                               33611           12/7/2006             12      BA2203EI_ARM-INTONLY                             0            156500                                 0   69.78                        629               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635110       CONDO                             1     NOO       PURCHASE              N                              7.25                 7.25              334673             334314.35              12/1/2006             11/1/2036                  2140.81      360      80     FL                   2/1/2007        Y                 490000                   1        3.5            2140.81                                                                               33946           12/7/2006             12      XL0605E_ARM-BALLOON                              0            418342                                 0      80                        716               0     3YR                                        11/1/2011            6           6           2             3.5
     1103635111       PUD                               1     OO        REFI                  Y                             7.375                7.375              192000                192000              12/1/2006             11/1/2036                     1180      360      80     FL                   2/1/2007        N                 240000                   1      2.875               1180                                                                               32808           12/7/2006             12      XA2605EI_ARM-INTONLY                             0                 0                                 0      80                        659               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635112       SFR                               1     OO        PURCHASE              N                             6.625                6.625              192610                192610              12/1/2006             11/1/2036                  1063.37      360   79.63     FL                   2/1/2007        N                 242000                   1      2.875            1063.37                                                                               32807           12/7/2006              8      SA0605EI_ARM-INTONLY                             0            241900                             25100      90                        749               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635113       PUD                               1     2ND       PURCHASE              N                               6.5                  6.5              169400                169400              12/1/2006             11/1/2036                   917.58      360      70     FL                   2/1/2007        N                 265000                   1      2.875             917.58                                                                               34746           12/7/2006             12      XA0605EI_ARM-INTONLY                             0            242000                                 0      70                        739               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635116       SFR                               1     NOO       REFI                  N                             7.375                7.375              331000                331000              12/1/2006             11/1/2036                  2034.27      360   77.89     MD                   2/1/2007        N                 425000                   1      2.875            2034.27                                                                               20850           12/7/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   77.89                        661               0     1YR                                        11/1/2011            6           3           1           2.875
     1103635117       PUD                               1     OO        PURCHASE              N                             7.875                7.875              195200             195024.95              12/1/2006             11/1/2036                  1338.97      360      80     VA                   2/1/2007        Y                 250000                   1      2.875            1338.97                                                                               22405           12/7/2006              8      SL2603E_ARM-BALLOON                              0            244000                             48800     100                        631               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635121       CONDO                             1     OO        PURCHASE              N                             8.125                8.125              208000                208000              12/1/2006             11/1/2036                  1408.33      360      80     VA                   2/1/2007        N                 260000                   1      2.875            1408.33                                                                               22304           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            260000                             52000     100                        626               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635122       SFR                               1     OO        REFI                  Y                             6.625                6.625              304000                304000              12/1/2006             11/1/2036                  1678.33      360   78.76     VA                   2/1/2007        N                 386000                   1      2.875            1678.33                                                                               22193           12/7/2006              8      SA0603EI_ARM-INTONLY                             0                 0                             43400      90                        687               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635123       CONDO                             1     OO        REFI                  Y                             7.875                7.875              219200                219200              12/1/2006             11/1/2036                   1438.5      360      80     VA                   2/1/2007        N                 274000                   1      2.875             1438.5                                                                               22192           12/7/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             54800     100                        675               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635125       PUD                               1     NOO       REFI                  Y                             7.375                7.375              455992             455520.33              12/1/2006             11/1/2036                  2958.71      360      80     SC                   2/1/2007        Y                 569990                   1      2.875            2958.71                                                                               29466           12/7/2006              8      SL0603E_ARM-BALLOON                              0                 0                                 0      80                        774               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635126       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              391200                391200              12/1/2006             11/1/2036                   2363.5      360      80     VA                   2/1/2007        N                 490000                   1      2.875             2363.5                                                                               20151           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            489000                             97800     100                        693               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635127       SFR                               1     NOO       REFI                  Y                               7.5                  7.5              180000                180000              12/1/2006             11/1/2036                     1125      360      80     MD                   2/1/2007        N                 225000                   1      2.875               1125                                                                               20640           12/7/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        690               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635128       CONDO                             1     OO        PURCHASE              N                             7.125                7.125              226400                226400              12/1/2006             11/1/2036                  1344.25      360      80     MD                   2/1/2007        N                 283000                   1      2.875            1344.25                                                                               20874           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            283000                             56600     100                        742               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635129       SFR                               1     OO        REFI                  Y                             6.625                6.625              305000             302722.02              12/1/2006             11/1/2036                  1952.95      360   55.31     MD                   2/1/2007        N                 551500                   1      2.875            1952.95                                                                               20817           12/7/2006              8      SA2607E_ARM                                      0                 0                                 0   55.31                        664               0     3YR                                        11/1/2013            6           3           1           2.875
     1103635130       PUD                               1     OO        PURCHASE              N                              7.75                 7.75              423200                423200              12/1/2006             11/1/2036                  2733.17      360      80     MD                   2/1/2007        N                 529000                   1      2.875            2733.17                                                                               20705           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            529000                            100000   98.91                        624               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635131       PUD                               1     NOO       REFI                  Y                             6.875                6.875              256000                256000              12/1/2006             11/1/2036                  1466.67      360      80     MD                   2/1/2007        N                 320000                   1      2.875            1466.67                                                                               21702           12/7/2006              8      SA0603EI_ARM-INTONLY                             0                 0                             48000      95                        715               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635132       PUD                               1     OO        REFI                  N                             6.625                6.625              274000                273984              12/1/2006             11/1/2036                  1512.71      360   79.89     MD                   2/1/2007        N                 343000                   1      2.875            1512.71                                                                               21774           12/7/2006              8      SA2603EI_ARM-INTONLY                             0                 0                             42000   92.13                        637               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635136       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              160000                160000              12/1/2006             11/1/2036                     1000      360      80     VA                   2/1/2007        N                 220000                   1      2.875               1000                                                                               20191           12/7/2006              2      PA0603EI_ARM-INTONLY                             0            200000                             40000     100                        684           43.24     1YR                                        11/1/2009            6           6           2           2.875
     1103635137       SFR                               1     OO        REFI                  Y                             7.625                7.625              280000             279730.24              12/1/2006             11/1/2036                  1868.52      360      80     MD                   2/1/2007        Y                 350000                   1      2.875            1868.52                                                                               20613           12/7/2006              8      SL0603E_ARM-BALLOON                              0                 0                                 0      80                        689               0     2YR                                        11/1/2009            6           6           2           2.875
     1103635138       SFR                               1     OO        REFI                  Y                             6.875                6.875              428000             427490.46              12/1/2006             11/1/2036                  2620.96      360      80     VA                   2/1/2007        Y                 535000                   1      2.875            2620.96                                                                               22032           12/7/2006              8      SL0605E_ARM-BALLOON                              0                 0                             53000   89.91                        702               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635139       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              404000                404000              12/1/2006             11/1/2036                  2188.33      360      80     MD                   2/1/2007        N                 514000                   1      2.875            2188.33                                                                               21666           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            505000                            100000   99.81                        749               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635142       CONDO                             1     NOO       REFI                  Y                             7.625                7.625              275500             275499.65              12/1/2006             11/1/2036                  1750.57      360   77.83     MD                   2/1/2007        N                 354000                   1      2.875            1750.57                                                                               20878           12/7/2006              8      SA2603EI_ARM-INTONLY                             0                 0                                 0   77.83                        644               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635143       SFR                               1     OO        REFI                  Y                               6.5                  6.5              290000             289921.46              12/1/2006             11/1/2036                  1570.83      360   62.37     MD                   2/1/2007        N                 465000                   1      2.875            1570.83                                                                               20906           12/7/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   62.37                        680               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635144       PUD                               1     OO        REFI                  Y                              6.75                 6.75              352000             351566.11              12/1/2006             11/1/2036                  2123.82      360      80     CA                   2/1/2007        Y                 440000                   1      2.875            2123.82                                                                               91761           12/7/2006              8      XL0607E_ARM-BALLOON                              0                 0                             44000      90                        702               0     3YR                                        11/1/2013            6           6           2           2.875
     1103635145       2-4FAMILY                         3     NOO       PURCHASE              N                              8.25                 8.25              404000                404000              12/1/2006             11/1/2036                   2777.5      360      80     CA                   2/1/2007        N                 505000                   1      2.875             2777.5                                                                               92507           12/7/2006             12      BA2203EI_ARM-INTONLY                             0            505000                                 0      80                        639               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635146       SFR                               1     OO        PURCHASE              N                             6.875                6.875              398400                398400              12/1/2006             11/1/2036                   2282.5      360      80     CA                   2/1/2007        N                 500000                   1      2.875             2282.5                                                                               90712           12/7/2006              8      SA0605EI_ARM-INTONLY                             0            498000                             99600     100                        712               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635148       2-4FAMILY                         3     NOO       PURCHASE              N                             8.375                8.375              224000                224000              12/1/2006             11/1/2036                  1563.33      360      80     AZ                   2/1/2007        N                 280000                   1      2.875            1563.33                                                                               85016           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            280000                             28000      90                        687               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635149       2-4FAMILY                         3     NOO       PURCHASE              N                             8.375                8.375              216000                216000              12/1/2006             11/1/2036                   1507.5      360      80     AZ                   2/1/2007        N                 280000                   1      2.875             1507.5                                                                               85016           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            270000                             27000      90                        687               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635151       SFR                               1     OO        REFI                  N                              6.25                 6.25              416000                416000              12/1/2006             11/1/2036                  2166.67      360      80     CA                   2/1/2007        N                 520000                   1      2.875            2166.67                                                                               90712           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             74000   94.24                        746           47.04     3YR                                        11/1/2011            6           6           2           2.875
     1103635152       SFR                               1     OO        PURCHASE              N                             6.625                6.625              750000                750000              12/1/2006             11/1/2036                  4140.63      360   71.43     CA                   2/1/2007        N                1050000                   1      2.875            4140.63                                                                               90254           12/7/2006             12      SA2603EI_ARM-INTONLY                             0           1050000                                 0   71.43                        668               0     3YR                                        11/1/2009            6           3           1           2.875
     1103635155       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              316000                316000              12/1/2006             11/1/2036                  1909.17      360      80     MD                   2/1/2007        N                 425000                   1      2.875            1909.17                                                                               21403           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            395000                             79000     100                        686               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635156       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              319920                319920              12/1/2006             11/1/2036                  1799.55      360      80     VA                   2/1/2007        N                 413000                   1      2.875            1799.55                                                                               22304           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            399900                             79980     100                        749               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635157       SFR                               1     OO        PURCHASE              N                             6.875                6.875              312000             311628.58              12/1/2006             11/1/2036                   1910.6      360      80     MD                   2/1/2007        Y                 390000                   1      2.875             1910.6                                                                               20706           12/7/2006              8      SL0605E_ARM-BALLOON                              0            390000                             78000     100                        724               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635160       2-4FAMILY                         2     OO        PURCHASE              N                             7.125                7.125              320000                320000              12/1/2006             11/1/2036                     1900      360      80     CA                   2/1/2007        N                 402000                   1      2.875               1900                                                                               92553           12/7/2006              8      SA0605EI_ARM-INTONLY                             0            400000                             80000     100                        711               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635161       SFR                               1     OO        PURCHASE              N                             6.375                6.375              212000             211670.09              12/1/2006             11/1/2036                  1222.34      360      80     NV                   2/1/2007        Y                 270000                   1      2.875            1222.34                                                                               89502           12/7/2006              2      PL0605E_ARM-BALLOON                              0            265000                             53000     100                        694           41.47     3YR                                        11/1/2011            6           6           2           2.875
     1103635162       SFR                               1     OO        REFI                  Y                             7.625                7.625              368000              366931.1              10/1/2006              9/1/2036                  2455.76      360      80     NJ                   2/1/2007        Y                 460000                   1        3.5            2455.76                                                                               08225           12/7/2006              8      SL2605E_ARM-BALLOON                              0                 0                             45000   89.79                        647               0     NO-PREPAY                                   9/1/2011            6           6           2             3.5
     1103635163       SFR                               1     OO        REFI                  Y                             7.625                7.625              170400             170182.45              12/1/2006             11/1/2036                  1137.13      360      80     NJ                   2/1/2007        Y                 213000                   1        3.5            1137.13                                                                               08094           12/7/2006              8      SL0605E_ARM-BALLOON                              0                 0                             42600     100                        696               0     NO-PREPAY                                  11/1/2011            6           6           2             3.5
     1103635164       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              288000             287689.46              12/1/2006             11/1/2036                  1842.26      360      80     FL                   2/1/2007        Y                 389000                   1      2.875            1842.26                                                                               32226           12/7/2006              8      SL0605E_ARM-BALLOON                              0            360000                             72000     100                        681               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635165       SFR                               1     NOO       PURCHASE              N                             8.875                8.875              128000                128000              12/1/2006             11/1/2036                   946.67      360      80     GA                   2/1/2007        N                 168000                   1      2.875             946.67                                                                               30605           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            160000                             24000      95                        673               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635166       SFR                               1     OO        PURCHASE              N                             6.625                6.625              200000                200000              12/1/2006             11/1/2036                  1104.17      360   76.93     CA                   2/1/2007        N                 260000                   1      2.875            1104.17                                                                               93306           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            260000                                 0   76.93                        667               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635167       PUD                               1     OO        REFI                  Y                               6.5                  6.5              252000             251312.87              12/1/2006             11/1/2036                  1592.81      360      80     CA                   2/1/2007        N                 315000                   1      2.875            1592.81                                                                               91768           12/7/2006              8      SA0605E_ARM                                      0                 0                                 0      80                        703               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635168       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              238400                238400              12/1/2006             11/1/2036                     1490      360      80     CA                   2/1/2007        N                 310000                   1      2.875               1490                                                                               91730           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            298000                             59600     100                        642           31.47     3YR                                        11/1/2011            6           6           2           2.875
     1103635170       SFR                               1     OO        REFI                  Y                             6.875                6.875              365000             364565.48              12/1/2006             11/1/2036                  2235.16      360   79.35     CA                   2/1/2007        Y                 460000                   1        3.5            2235.16                                                                               94801           12/7/2006             12      BL2205E_ARM-BALLOON                              0                 0                                 0   79.35                        653               0     1YR                                        11/1/2011            6           6           2             3.5
     1103635171       SFR                               1     OO        REFI                  N                             6.375                6.375              304000             303584.43              12/1/2006             11/1/2036                  1752.79      360   67.56     CA                   2/1/2007        Y                 450000                   1      2.875            1752.79                                                                               94806           12/7/2006              8      XL1607E_ARM-BALLOON                              0                 0                                 0   67.56                        671               0     1YR                                        11/1/2013            6           3           1           2.875
     1103635172       SFR                               1     OO        REFI                  Y                              6.75                 6.75              384000             383526.68              12/1/2006             11/1/2036                  2316.89      360      80     CA                   2/1/2007        Y                 480000                   1      2.875            2316.89                                                                               94621           12/7/2006             12      BL2205E_ARM-BALLOON                              0                 0                                 0      80                        645               0     1YR                                        11/1/2011            6           6           2           2.875
     1103635174       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              280000             279999.52              12/1/2006             11/1/2036                     1575      360      80     WA                   2/1/2007        N                 370000                   1      2.875               1575                                                                               98604           12/7/2006              8      SA2603EI_ARM-INTONLY                             0            350000                             52500      95                        668               0     3YR                                        11/1/2009            6           3           1           2.875
     1103635175       SFR                               1     OO        REFI                  Y                             6.875                6.875              464000             463999.81              12/1/2006             11/1/2036                  2658.33      360      80     CA                   2/1/2007        N                 580000                   1      2.875            2658.33                                                                               92071           12/7/2006              8      SA0605EI_ARM-INTONLY                             0                 0                             57900   89.99                        683               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635177       SFR                               1     OO        PURCHASE              N                             6.625                6.625              196000                196000              12/1/2006             11/1/2036                  1082.08      360      80     NV                   2/1/2007        N                 247000                   1      2.875            1082.08                                                                               89431           12/7/2006              8      SA0603EI_ARM-INTONLY                             0            245000                             49000     100                        688               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635178       SFR                               1     OO        PURCHASE              N                             6.875                6.875              199200             199199.99              12/1/2006             11/1/2036                  1141.25      360      80     NV                   2/1/2007        N                 260000                   1      2.875            1141.25                                                                               89431           12/7/2006              8      SA2605EI_ARM-INTONLY                             0            249000                             49800     100                        663               0     3YR                                        11/1/2011            6           3           1           2.875
     1103635200       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              367200                367200              12/1/2006             11/1/2036                   1912.5      360      80     CA                   2/1/2007        N                 465000                   1       2.25             1912.5                                                                               93536          11/29/2006              2      PA0605EI_ARM-INTONLY                             0            459000                             91800     100                        715           46.98     3YR                                        11/1/2011            5           5           1            2.25
     1103635204       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              193600                193600              12/1/2006             11/1/2036                  1048.67      360      80     CA                   2/1/2007        N                 245000                   1        2.5            1048.67                                                                               92543          11/29/2006              2      PA0605EI_ARM-INTONLY                             0            242000                             48400     100                        712           30.91     3YR                                        11/1/2011            5           5           1             2.5
     1103635213       SFR                               1     OO        PURCHASE              N                                 6                    6              704000                704000              12/1/2006             11/1/2036                     3520      360      80     CA                   2/1/2007        N                 880000                   1        2.5               3520                                                                               92860          11/29/2006              2      PA0603EI_ARM-INTONLY                             0            880000                            176000     100                        726            39.2     3YR                                        11/1/2009            5           3           1             2.5
     1103635215       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              436000             435999.67              12/1/2006             11/1/2036                  2361.67      360      80     CA                   2/1/2007        N                 545000                   1        2.5            2361.67                                                                               90712          11/29/2006              8      SA0605EI_ARM-INTONLY                             0            545000                            109000     100                        682               0     3YR                                        11/1/2011            5           5           1             2.5
     1103635231       2-4FAMILY                         2     OO        PURCHASE              N                              12.5                 12.5              100000              99922.42              12/1/2006             11/1/2021                  1067.26      180      20     CA                   2/1/2007        Y                 535000                   2          0            1067.26                                                                               90033          11/29/2006              8      TB1630_BALLOON                                   0            500000                                 0     100                        675               0     6MO                                                             0           0           0               0
     1103635232       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               94800              94726.46              12/1/2006             11/1/2021                  1011.76      180      20     CA                   2/1/2007        Y                 474000                   2          0            1011.76                                                                               92337          11/29/2006              2      TB2630_BALLOON                                   0            474000                                 0     100                        630           43.83     6MO                                                             0           0           0               0
     1103635233       SFR                               1     OO        PURCHASE              N                                11                   11               81000              80875.25              12/1/2006             11/1/2021                   771.38      180      20     CA                   2/1/2007        Y                 405000                   2          0             771.38                                                                               92399          11/29/2006              2      TB1630_BALLOON                                   0            405000                                 0     100                        643            42.3     3YR                                                             0           0           0               0
     1103635235       SFR                               1     OO        REFI                  Y                             9.875                9.875               38250              38197.45              12/1/2006             11/1/2021                   332.14      180    9.94     CA                   2/1/2007        Y                 385000                   2          0             332.14                                                                               90001          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.94                        659           35.04     6MO                                                             0           0           0               0
     1103635236       SFR                               1     OO        PURCHASE              N                            11.625               11.625               84000              83920.88              12/1/2006             11/1/2021                   839.87      180      20     CA                   2/1/2007        Y                 420000                   2          0             839.87                                                                               92509          11/29/2006              2      TB1630_BALLOON                                   0            420000                                 0     100                        644           42.79     6MO                                                             0           0           0               0
     1103635238       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              107000             106916.98              12/1/2006             11/1/2021                  1141.97      180      20     CA                   2/1/2007        Y                 535000                   2          0            1141.97                                                                               90638          11/29/2006              8      TB1630_BALLOON                                   0            535000                                 0     100                        641               0     3YR                                                             0           0           0               0
     1103635240       SFR                               1     NOO       REFI                  N                                13                   13               40300                436.38              12/1/2006             11/1/2021                    445.8      180      10     WA                   2/1/2007        Y                 403000                   2          0              445.8                                                                               98155          11/29/2006              8      TB1630_BALLOON                                   0                 0                                 0      85                        651               0     NO-PREPAY                                                       0           0           0               0
     1103635242       SFR                               1     OO        PURCHASE              N                            11.125               11.125               33000              32964.71              12/1/2006             11/1/2021                   317.39      180      20     CA                   2/1/2007        Y                 189000                   2          0             317.39                                                                               93725          11/29/2006              2      TB1630_BALLOON                                   0            165000                                 0     100                        667           45.32     1YR                                                             0           0           0               0
     1103635243       PUD                               1     OO        PURCHASE              N                            11.125               11.125               42000              41955.87              12/1/2006             11/1/2021                   403.95      180      15     NV                   2/1/2007        Y                 290000                   2          0             403.95                                                                               89108          11/29/2006              1      TB2630_BALLOON                                   0            280000                                 0      95                        628           44.69     6MO                                                             0           0           0               0
     1103635342       TOWNHOUSE                         1     NOO       PURCHASE              N                             10.75                10.75              112950                112950               1/1/2007             12/1/2036                  1011.84      360      90     MD                   2/1/2007        N                 132000                   1      4.125            1011.84                                                                               21213          12/21/2006              7      EA2605EI_ARM-INTONLY                             0            125500                                 0      90                        659               0     NO-PREPAY                                  12/1/2011            6           3           1           10.75
     1103635343       SFR                               1     NOO       PURCHASE              N                              7.95                 7.95               97500              97367.38               1/1/2007             12/1/2036                   712.03      360      75     MD                   2/1/2007        N                 130000                   1          3             712.03                                                                               21215          12/20/2006              2      PA0605E_ARM                                      0            130000                             26000      95                        704           18.16     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103635354       SFR                               1     OO        REFI                  N                              6.75                 6.75              624000                624000               1/1/2007             12/1/2036                     3510      360      80     CA                   2/1/2007        N                 780000                   1          3               3510                                                                               90638          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        706           33.08     3YR                                        12/1/2011            6           3           1               3
     1103635358       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              152000                152000               1/1/2007             12/1/2036                      950      360      80     FL                   2/1/2007        N                 235000                   1          3                950                                                                               33023          12/13/2006              2      PA1605EI_ARM-INTONLY                             0            190000                             38000     100                        677            35.6     1YR                                        12/1/2011            6           3           1               3
     1103635370       SFR                               1     NOO       REFI                  Y                             7.375                7.375              277500             277309.23               1/1/2007             12/1/2036                  1800.56      360   79.98     CA                   2/1/2007        Y                 347000                   1          3            1800.56                                                                               93550           12/6/2006              2      PL0605E_ARM-BALLOON                              0                 0                                 0   79.98                        694           49.64     3YR                                        12/1/2011            6           3           1               3
     1103635377       D-PUDS                            1     OO        REFI                  N                              6.25                 6.25              544000             543903.19               1/1/2007             12/1/2036                  2833.33      360      80     CA                   2/1/2007        N                 680000                   1          3            2833.33                                                                               92675           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             60000   88.83                        721           40.66     2YR                                        12/1/2011            6           3           1               3
     1103635383       D-PUDS                            1     OO        REFI                  Y                             5.875                5.875              548000                548000               1/1/2007             12/1/2036                  2682.92      360      80     CA                   2/1/2007        N                 685000                   1          3            2682.92                                                                               92128           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        702           43.45     3YR                                        12/1/2011            6           3           1               3
     1103635400       D-PUDS                            1     NOO       PURCHASE              N                               9.5                  9.5              114300             114187.11               1/1/2007             12/1/2036                    961.1      360      90     SC                   2/1/2007        N                 137000                   1          3              961.1                                                                               29651          12/21/2006             17      PA1605E_ARM                                     25            127000                                 0      90                        669           31.35     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103635411       SFR                               1     NOO       REFI                  Y                             6.375                6.375              245000                245000               1/1/2007             12/1/2036                  1301.56      360      70     NV                   2/1/2007        N                 350000                   1          3            1301.56                                                                               89506           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        786           52.11     3YR                                        12/1/2011            6           3           1               3
     1103635447       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              117716             117336.35              11/1/2006             10/1/2036                   823.09      360      80     FL                   2/1/2007        N                 147146                   1          0             823.09                                                                               33624          12/29/2006             12      SF0630_FIXEDRATE                                 0            147146                             22087   95.01                        778               0     NO-PREPAY                                                       0           0           0               0
     1103635494       SFR                               1     OO        REFI                  Y                               6.5                  6.5              224000             223944.34              12/1/2006             11/1/2036                  1213.33      360      80     NV                   2/1/2007        N                 280000                   1       2.25            1213.33                                                                               89107           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        700           41.76     3YR                                        11/1/2011            6           6           2            2.25
     1103635495       SFR                               1     OO        REFI                  N                             6.375                6.375              436000                436000              12/1/2006             11/1/2036                  2316.25      360      80     CA                   2/1/2007        N                 545000                   1       2.25            2316.25                                                                               94509           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             81000   94.87                        694           44.13     3YR                                        11/1/2011            6           6           2            2.25
     1103635496       PUD                               1     OO        REFI                  N                             6.625                6.625              248000                248000              12/1/2006             11/1/2036                  1369.17      360      80     AZ                   2/1/2007        N                 310000                   1       2.25            1369.17                                                                               85086           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             31000      90                        688           47.24     3YR                                        11/1/2011            6           6           2            2.25
     1103635497       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              220000                220000              12/1/2006             11/1/2036                   1237.5      360      80     NV                   2/1/2007        N                 275000                   1       2.25             1237.5                                                                               89128           12/8/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        722           49.87     3YR                                        11/1/2011            6           6           2            2.25
     1103635498       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              330400                330400              12/1/2006             11/1/2036                  1720.83      360      80     CA                   2/1/2007        N                 420000                   1       2.25            1720.83                                                                               95035           12/8/2006              1      PA0605EI_ARM-INTONLY                             0            413000                             82600     100                        746           36.65     3YR                                        11/1/2011            6           6           2            2.25
     1103635499       SFR                               1     OO        REFI                  N                             6.125                6.125              348500                348500              12/1/2006             11/1/2036                   1778.8      360   79.21     CA                   2/1/2007        N                 440000                   1       2.25             1778.8                                                                               92139           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             64500   93.87                        719           43.34     3YR                                        11/1/2011            6           6           2            2.25
     1103635500       SFR                               1     OO        REFI                  N                              6.75                 6.75              240000                240000              12/1/2006             11/1/2036                     1350      360      80     CA                   2/1/2007        N                 300000                   1       2.25               1350                                                                               93534           12/8/2006             12      SA0605EI_ARM-INTONLY                             0                 0                             30000      90                        765               0     6MO                                        11/1/2011            6           6           2            2.25
     1103635501       SFR                               1     OO        REFI                  Y                              6.75                 6.75              480000                480000              12/1/2006             11/1/2036                     2700      360      80     AZ                   2/1/2007        N                 600000                   1       2.25               2700                                                                               85250           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        656           44.36     3YR                                        11/1/2011            6           6           2            2.25
     1103635502       SFR                               1     OO        PURCHASE              N                             6.625                6.625              164000                164000              12/1/2006             11/1/2036                   905.42      360      80     AZ                   2/1/2007        N                 205000                   1       2.25             905.42                                                                               85023           12/8/2006              1      PA0605EI_ARM-INTONLY                             0            205000                             41000     100                        714           42.66     3YR                                        11/1/2011            6           6           2            2.25
     1103635513       SFR                               1     OO        REFI                  Y                              6.25                 6.25              174400             173900.98              12/1/2006             11/1/2036                  1073.81      360      80     CO                   2/1/2007        N                 218000                   1      2.875            1073.81                                                                               81504           12/1/2006              8      SA2603E_ARM                                      0                 0                                 0      80                        665               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635520       SFR                               1     OO        PURCHASE              N                             6.375                6.375              668000             667086.85              12/1/2006             11/1/2036                  3851.52      360      80     FL                   2/1/2007        Y                 915000                   1      2.875            3851.52                                                                               34786           12/1/2006              8      SL1603E_ARM-BALLOON                              0            835000                            167000     100                        745               0     1YR                                        11/1/2009            6           6           2           2.875
     1103635524       PUD                               1     OO        REFI                  Y                               6.5                  6.5              250000             249318.31              12/1/2006             11/1/2036                  1580.17      360   79.37     FL                   2/1/2007        N                 315000                   1      2.875            1580.17                                                                               34759           12/1/2006              8      SA2603E_ARM                                      0                 0                                 0   79.37                        673               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635543       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              150000                150000              12/1/2006             11/1/2036                    812.5      360      75     FL                   2/1/2007        N                 200000                   1      2.875              812.5                                                                               33172           12/1/2006              8      SA1607EI_ARM-INTONLY                             0                 0                                 0      75                        703               0     3YR                                        11/1/2013            6           6           2           2.875
     1103635544       CONDO                             1     OO        REFI                  N                             6.875                6.875              133600                133600              12/1/2006             11/1/2036                   765.42      360      80     WI                   2/1/2007        N                 167000                   1      2.875             765.42                                                                               53022           12/1/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             25000   94.97                        660               0     NO-PREPAY                                  11/1/2011            6           6           2           2.875
     1103635547       SFR                               1     OO        REFI                  Y                             6.125                6.125              248000                248000              12/1/2006             11/1/2036                  1265.83      360      80     FL                   2/1/2007        N                 310000                   1      2.875            1265.83                                                                               33064           12/1/2006              8      SA2603EI_ARM-INTONLY                             0                 0                                 0      80                        655               0     3YR                                        11/1/2009            6           6           2           2.875
     1103635549       CONDO                             1     NOO       REFI                  N                               6.5                  6.5              227200                227200              12/1/2006             11/1/2036                  1230.67      360   68.85     FL                   2/1/2007        N                 330000                   1      2.875            1230.67                                                                               33178           12/1/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0   68.85                        761               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635566       SFR                               1     OO        PURCHASE              N                             6.875                6.875              162000                162000              12/1/2006             11/1/2036                   928.13      360     100     TN                   2/1/2007        N                 167000                   1      2.875             928.13                                                                               37013           12/1/2006              8      SA2605EI_ARM-INTONLY                            35            162000                                 0     100                        677               0     3YR                                        11/1/2011            6           6           2           2.875
     1103635574       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              136900             136725.31              12/1/2006             11/1/2036                   813.71      360     100     FL                   2/1/2007        Y                 140000                   1      2.875             813.71                                                                               32812           12/1/2006              1      PL0405E_ARM-BALLOON                             35            136900                                 0     100                        734           37.59     3YR                                        11/1/2011            6           6           2           2.875
     1103635610       SFR                               1     OO        REFI                  Y                               6.5                  6.5              368000                368000               1/1/2007             12/1/2036                  1993.33      360      80     CA                   2/1/2007        N                 460000                   1          3            1993.33                                                                               90002          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             92000     100                        751           38.56     2YR                                        12/1/2011            6           3           1               3
     1103635640       SFR                               1     OO        REFI                  Y                             6.375                6.375              525000                525000               1/1/2007             12/1/2036                  2789.06      360      70     CA                   2/1/2007        N                 750000                   1          3            2789.06                                                                               92563           12/4/2006             12      SA1605EI_ARM-INTONLY                             0                 0                                 0      70                        711               0     2YR                                        12/1/2011            6           3           1               3
     1103635642       SFR                               1     OO        PURCHASE              N                             5.875                5.875              214000             213342.25              12/1/2006             11/1/2036                  1265.89      360      80     CO                   2/1/2007        N                 301000                   1        2.5            1265.89                                                                               80223          12/11/2006              1      XA0603D_ARM                                      0            267500                             26750      90                        789           25.23     NO-PREPAY                                  11/1/2009            6           2           2             2.5
     1103635643       SFR                               1     OO        REFI                  Y                              5.75                 5.75              272000             271143.95              12/1/2006             11/1/2036                  1587.32      360   51.81     WA                   2/1/2007        N                 525000                   1        2.5            1587.32                                                                               98198          12/11/2006              1      XA0603D_ARM                                      0                 0                                 0   51.81                        809          44.767     NO-PREPAY                                  11/1/2009            6           2           2             2.5
     1103635644       PUD                               1     OO        REFI                  Y                             5.625                5.625              360000              358449.7              11/1/2006             10/1/2036                  2072.36      360    57.7     MO                   2/1/2007        N                 624000                   1        2.5            2072.36                                                                               63005          12/11/2006              1      XA0603D_ARM                                      0                 0                             74483   69.63                        796          10.472     NO-PREPAY                                  10/1/2009            6           2           2             2.5
     1103635645       PUD                               1     OO        REFI                  N                              5.75                 5.75              113972             112909.48              12/1/2006             11/1/2036                   665.11      360   20.36     MD                   2/1/2007        N                 560000                   1        2.5             665.11                                                                               21114          12/11/2006              1      XA0603D_ARM                                      0                 0                                 0   20.36                        801          11.279     NO-PREPAY                                  11/1/2009            6           2           2             2.5
     1103635646       PUD                               1     OO        PURCHASE              N                              5.75                 5.75              163065              162476.2              12/1/2006             11/1/2036                    951.6      360      80     NC                   2/1/2007        N                 205000                   1        2.5              951.6                                                                               27587          12/11/2006              1      XA0603D_ARM                                      0            203832                                 0      80                        763           46.39     NO-PREPAY                                  11/1/2009            6           2           2             2.5
     1103635666       D-PUDS                            1     OO        REFI                  Y                               6.5                  6.5              132600             131806.63               1/1/2007             12/1/2036                   838.12      360      60     FL                   2/1/2007        N                 221000                   1          0             838.12                                                                               33559          12/20/2006             17      PF1630_FIXEDRATE                                 0                 0                                 0      60                        655           47.45     3YR                                                             0           0           0               0
     1103635763       CONDO                             1     OO        PURCHASE              N                               5.5                  5.5              500000             499991.67               2/1/2007              1/1/2037                  2291.67      360   74.63     CA                   2/1/2007        N                 680000                   1          3            2291.67                                                                               90802          12/20/2006              1      PA0607EI_ARM-INTONLY                             0            670000                                 0   74.63                        785            26.7     3YR                                         1/1/2014            6           3           1               3
     1103635793       SFR                               1     OO        REFI                  Y                             7.375                7.375              360500                360500               2/1/2007              1/1/2037                  2215.57      360      70     UT                   2/1/2007        N                 515000                   1          3            2215.57                                                                               84737          12/29/2006              7      SA0607EI_ARM-INTONLY                             0                 0                                 0      70                        695               0     3YR                                         1/1/2014            6           3           1               3
     1103635829       D-PUDS                            1     OO        PURCHASE              N                             6.625                6.625              928600             923474.35               2/1/2007              1/1/2037                  5126.65      360      70     FL                   2/1/2007        N                1350000                   1          3            5126.65                                                                               32561          12/26/2006              2      PA0605EI_ARM-INTONLY                             0           1326700                            267900   90.19                        752           47.16     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103635834       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              268500                268500               1/1/2007             12/1/2036                  1398.44      360      75     CA                   2/1/2007        N                 359000                   1          3            1398.44                                                                               90808          11/30/2006              7      SA2605EI_ARM-INTONLY                             0            358000                             35800      85                        622               0     2YR                                        12/1/2011            6           3           1               3
     1103635853       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              256000                256000               1/1/2007             12/1/2036                  1626.67      360      80     CA                   2/1/2007        N                 320000                   1          3            1626.67                                                                               95954          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            320000                             32000      90                        655           24.66     3YR                                        12/1/2011            6           3           1               3
     1103635855       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               32000              31982.59               1/1/2007             12/1/2021                   335.33      180      10     CA                   2/1/2007        Y                 320000                   2          0             335.33                                                                               95954          12/21/2006              2      TB1630_BALLOON                                   0            320000                                 0      90                        655           24.66     3YR                                                             0           0           0               0
     1103635876       SFR                               1     NOO       PURCHASE              N                              5.75                 5.75              521500             520955.52               2/1/2007              1/1/2037                  3043.33      360   74.35     CA                   2/1/2007        N                 712000                   1          0            3043.33                                                                               95825            1/2/2007              1      PF0630_FIXEDRATE                                 0            701500                                 0   74.35                        738           24.84     NO-PREPAY                                                       0           0           0               0
     1103635879       SFR                               1     OO        REFI                  Y                              7.25                 7.25              468000                468000               1/1/2007             12/1/2036                   2827.5      360      80     CA                   2/1/2007        N                 585000                   1          3             2827.5                                                                               94520           12/8/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             58500      90                        678           42.33     3YR                                        12/1/2011            6           3           1               3
     1103635904       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              200000             199583.33               1/1/2007             12/1/2036                  1083.33      360   56.66     CA                   2/1/2007        N                 353000                   1          0            1083.33                                                                               92376          12/14/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   56.66                        774              12     3YR                                                             0           0           0               0
     1103635930       TOWNHOUSE                         1     NOO       PURCHASE              N                             13.25                13.25               28000                 28000               1/1/2007             12/1/2021                   309.17      180   14.82     MS                   2/1/2007        Y                 189900                   2          0             309.17                                                                               39507          12/11/2006              2      TB0630I_BALLOON-INTONLY                          0            189000                                 0   89.79                        718           44.42     NO-PREPAY                                                       0           0           0               0
     1103635955       CONDO                             1     OO        REFI                  N                               6.5                  6.5              298000             297919.29               1/1/2007             12/1/2036                  1614.17      360   78.43     CA                   2/1/2007        N                 380000                   1          3            1614.17                                                                               92630           12/8/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   78.43                        729           44.98     2YR                                        12/1/2011            6           3           1               3
     1103635989       HI-RISE                           1     NOO       PURCHASE              N                             9.875                9.875              263415             263174.66               1/1/2007             12/1/2036                  2287.36      360      85     FL                   2/1/2007        N                 440000                   1        3.5            2287.36                                                                               33301           12/7/2006              2      PA0405E_ARM                                     22            309900                                 0      85                        716           17.95     NO-PREPAY                                  12/1/2011            6           3           1           9.875
     1103636009       SFR                               1     OO        REFI                  Y                              7.25                 7.25              256750                256450               1/1/2007             12/1/2036                   1551.2      360      79     CA                   2/1/2007        N                 325000                   1          0             1551.2                                                                               92346          12/13/2006             17      PF2630I_FIX-INTONLY                              0                 0                                 0      79                        638           40.89     2YR                                                             0           0           0               0
     1103636022       HI-RISE                           1     NOO       PURCHASE              N                             7.375                7.375              480000             479634.76               2/1/2007              1/1/2037                  3315.24      360      75     NV                   2/1/2007        N                 640000                   1          3            3315.24                                                                               89109          12/18/2006              2      PA1607E_ARM                                      0            640000                                 0      75                        661           24.28     NO-PREPAY                                   1/1/2014            6           3           1               3
     1103636029       D-PUDS                            1     OO        REFI                  Y                               6.5                  6.5              810000                810000               2/1/2007              1/1/2037                   4387.5      360   74.66     CA                   2/1/2007        N                1085000                   1          3             4387.5                                                                               92014          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            162000   89.59                        735           36.75     3YR                                         1/1/2012            6           3           1               3
     1103636033       TOWNHOUSE                         1     OO        PURCHASE              N                              7.11                 7.11              124492                124492               2/1/2007              1/1/2037                   737.62      360      75     FL                   2/1/2007        N                 230000                   1          3             737.62                                                                               33032          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            165990                             33198      95                        765              45     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103636049       SFR                               1     OO        PURCHASE              N                             6.875                6.875              777600             777509.74               1/1/2007             12/1/2036                     4455      360      80     CA                   2/1/2007        N                 972000                   1       2.25               4455                                                                               94598          11/30/2006              2      XA2602EI_ARM-INTONLY                             0            972000                            194400     100                        636           42.12     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103636052       2-4FAMILY                         2     OO        PURCHASE              N                             6.625                6.625              845000                845000              12/1/2006             11/1/2036                   4665.1      360      65     CA                   2/1/2007        N                1300000                   1       2.25             4665.1                                                                               94110          11/30/2006             12      BA1602EI_ARM-INTONLY                             0           1300000                            195000      80                        736               0     NO-PREPAY                                  11/1/2008            6           3           1            2.25
     1103636053       SFR                               1     OO        PURCHASE              N                             6.375                6.375              646900                646900               1/1/2007             12/1/2036                  3436.66      360      80     CA                   2/1/2007        N                 810000                   1       2.25            3436.66                                                                               94534          11/30/2006              2      PA0602EI_ARM-INTONLY                             0            808647                                 0      80                        749            42.4     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103636054       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              476000                476000              12/1/2006             11/1/2036                  2875.83      360      80     CA                   2/1/2007        N                 595000                   1       2.25            2875.83                                                                               94904          11/30/2006              2      PA0602EI_ARM-INTONLY                             0            595000                                 0      80                        800           41.49     NO-PREPAY                                  11/1/2008            6           3           1            2.25
     1103636056       PUD                               1     OO        REFI                  Y                              6.25                 6.25              760000                760000              12/1/2006             11/1/2036                  3958.33      360      80     CA                   2/1/2007        N                 950000                   1       2.25            3958.33                                                                               91381          11/30/2006              2      XA1602EI_ARM-INTONLY                             0                 0                                 0      80                        680           40.14     NO-PREPAY                                  11/1/2008            6           3           1            2.25
     1103636063       SFR                               1     OO        REFI                  N                               6.5                  6.5              500000                500000               1/1/2007             12/1/2036                  2708.33      360      80     CA                   2/1/2007        N                 625000                   1       2.25            2708.33                                                                               94607          11/30/2006              2      PA1607EI_ARM-INTONLY                             0                 0                            115400   98.47                        677            38.4     NO-PREPAY                                  12/1/2013            6           6           2            2.25
     1103636064       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              417000                417000              12/1/2006             11/1/2036                  2171.88      360   78.98     CA                   2/1/2007        N                 550000                   1       2.25            2171.88                                                                               92139          11/30/2006              2      PA0607EI_ARM-INTONLY                             0            528000                            111000     100                        754           40.89     NO-PREPAY                                  11/1/2013            6           6           2            2.25
     1103636086       SFR                               1     OO        REFI                  N                             6.625                6.625              339000             338997.83               1/1/2007             12/1/2036                  1871.55      360    69.9     CA                   2/1/2007        N                 485000                   1          0            1871.55                                                                               91746          12/26/2006              7      SF1630I_FIX-INTONLY                              0                 0                                 0    69.9                        739               0     1YR                                                             0           0           0               0
     1103636147       SFR                               1     NOO       PURCHASE              N                             6.625                6.625              304500                304500               1/1/2007             12/1/2036                  1681.09      360      70     MN                   2/1/2007        N                 435000                   1          3            1681.09                                                                               55116          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            435000                            108750      95                        641            42.8     3YR                                        12/1/2011            6           3           1           6.625
     1103636152       SFR                               1     NOO       PURCHASE              N                             14.25                14.25              108750             108712.39               1/1/2007             12/1/2021                   1310.1      180      25     MN                   2/1/2007        Y                 435000                   2          0             1310.1                                                                               55116          12/14/2006              2      TB1630_BALLOON                                   0            435000                                 0      95                        641            42.8     NO-PREPAY                                                       0           0           0               0
     1103636162       2-4FAMILY                         2     NOO       REFI                  N                              6.99                 6.99              670000                670000               1/1/2007             12/1/2036                  3902.75      360   71.28     CA                   2/1/2007        N                 940000                   1          3            3902.75                                                                               90019          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   71.28                        733           43.34     3YR                                        12/1/2011            6           3           1               3
     1103636165       SFR                               1     OO        REFI                  Y                              6.75                 6.75              233000                233000              12/1/2006             11/1/2036                  1310.63      360   77.67     MD                   2/1/2007        N                 300000                   1          4            1310.63                                                                               21009          11/30/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   77.67                        628               0     2YR                                        11/1/2011            6           6           2               4
     1103636167       TOWNHOUSE                         1     OO        PURCHASE              N                               6.5                  6.5              164250                164250              11/1/2006             10/1/2036                   889.69      360      75     MD                   2/1/2007        N                 220000                   1          4             889.69                                                                               20657          11/30/2006              8      SA0605EI_ARM-INTONLY                             0            219000                             43800      95                        751               0     2YR                                        10/1/2011            6           6           2               4
     1103636170       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              134900                134900              11/1/2006             10/1/2036                   815.02      360   74.99     FL                   2/1/2007        N                 185000                   1          4             815.02                                                                               33309           12/8/2006              8      SA1605EI_ARM-INTONLY                             0            179900                             35950   94.97                        652               0     2YR                                        10/1/2011            6           6           2               4
     1103636172       SFR                               1     OO        REFI                  N                              6.75                 6.75              396000                396000              12/1/2006             11/1/2036                   2227.5      360      80     MD                   2/1/2007        N                 495000                   1          4             2227.5                                                                               21009           12/8/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             99000     100                        675               0     2YR                                        11/1/2011            6           6           2               4
     1103636173       TOWNHOUSE                         1     OO        PURCHASE              N                               6.5                  6.5              221150                221150              11/1/2006             10/1/2036                   1197.9      360      75     MD                   2/1/2007        N                 303000                   1          4             1197.9                                                                               21703          11/30/2006              8      SA0605EI_ARM-INTONLY                             0            294900                             73700   99.99                        756               0     NO-PREPAY                                  10/1/2011            6           6           2               4
     1103636174       CONDO                             1     OO        REFI                  Y                               7.5                  7.5              174000                174000              12/1/2006             11/1/2036                   1087.5      360      75     MD                   2/1/2007        N                 232000                   1          4             1087.5                                                                               20886           12/8/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             46400      95                        660               0     2YR                                        11/1/2011            6           6           2               4
     1103636175       SFR                               1     OO        REFI                  Y                             6.875                6.875              359250                359250              12/1/2006             11/1/2036                   2058.2      360      75     VA                   2/1/2007        N                 479000                   1          4             2058.2                                                                               22042           12/8/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             71850      90                        658               0     NO-PREPAY                                  11/1/2011            6           6           2               4
     1103636176       TOWNHOUSE                         1     NOO       PURCHASE              N                              7.75                 7.75               78550                 78550              12/1/2006             11/1/2036                    507.3      360   79.75     MD                   2/1/2007        N                 118000                   1          4              507.3                                                                               21218          11/30/2006              8      SA1605EI_ARM-INTONLY                             0             98500                             15000   94.98                        663               0     NO-PREPAY                                  11/1/2011            6           6           2               4
     1103636177       TOWNHOUSE                         1     NOO       PURCHASE              N                              7.75                 7.75               78550                 78550              12/1/2006             11/1/2036                    507.3      360   79.75     MD                   2/1/2007        N                 122000                   1          4              507.3                                                                               21218          11/30/2006              8      SA1605EI_ARM-INTONLY                             0             98500                             15000   94.98                        663               0     NO-PREPAY                                  11/1/2011            6           6           2               4
     1103636179       TOWNHOUSE                         1     OO        REFI                  Y                               7.5                  7.5              371250                371250               1/1/2007             12/1/2036                  2320.31      360      75     VA                   2/1/2007        N                 495000                   1          4            2320.31                                                                               23430           12/8/2006              8      SA2605EI_ARM-INTONLY                             0                 0                            123750     100                        636               0     2YR                                        12/1/2011            6           6           2               4
     1103636181       SFR                               1     OO        REFI                  Y                             6.875                6.875              348750                348750              12/1/2006             11/1/2036                  1998.05      360      75     MD                   2/1/2007        N                 465000                   1          4            1998.05                                                                               20705          11/30/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             69750      90                        637               0     2YR                                        11/1/2011            6           6           2               4
     1103636182       SFR                               1     OO        REFI                  Y                               7.5                  7.5              552000                552000              12/1/2006             11/1/2036                     3450      360      80     MD                   2/1/2007        N                 690000                   1          4               3450                                                                               21163          11/30/2006              8      SA1605EI_ARM-INTONLY                             0                 0                            103500      95                        647               0     2YR                                        11/1/2011            6           6           2               4
     1103636183       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              300800                300800              12/1/2006             11/1/2036                     1692      360      80     VA                   2/1/2007        N                 376000                   1          4               1692                                                                               22193           12/8/2006              8      SA2605EI_ARM-INTONLY                             0            376000                             75200     100                        626               0     2YR                                        11/1/2011            6           6           2               4
     1103636184       TOWNHOUSE                         1     OO        PURCHASE              N                             7.625                7.625              352000                352000              12/1/2006             11/1/2036                  2236.67      360      80     VA                   2/1/2007        N                 469000                   1          4            2236.67                                                                               22310          11/30/2006              8      SA2605EI_ARM-INTONLY                             0            440000                             88000     100                        627               0     2YR                                        11/1/2011            6           6           2               4
     1103636186       TOWNHOUSE                         1     OO        REFI                  Y                             7.375                7.375              243000                243000              12/1/2006             11/1/2036                  1493.44      360      75     MD                   2/1/2007        N                 324000                   1          4            1493.44                                                                               20772          11/30/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             64800      95                        651               0     2YR                                        11/1/2011            6           6           2               4
     1103636188       SFR                               1     OO        REFI                  N                             6.625                6.625              109500              109177.8              12/1/2006             11/1/2036                   701.14      360      75     MD                   2/1/2007        N                 146000                   1          4             701.14                                                                               21222           12/8/2006              8      SA1605E_ARM                                      0                 0                             21500   89.73                        652               0     2YR                                        11/1/2011            6           6           2               4
     1103636189       TOWNHOUSE                         1     OO        PURCHASE              N                             7.875                7.875              255200                255200              12/1/2006             11/1/2036                  1674.75      360      80     VA                   2/1/2007        N                 340000                   1          4            1674.75                                                                               22026          11/30/2006              8      SA2605EI_ARM-INTONLY                             0            319000                             63800     100                        621               0     2YR                                        11/1/2011            6           6           2               4
     1103636190       TOWNHOUSE                         1     OO        REFI                  Y                                 7                    7              500000                500000              12/1/2006             11/1/2036                  2916.67      360      80     MD                   2/1/2007        N                 625000                   1          4            2916.67                                                                               20744          11/30/2006              8      SA0605EI_ARM-INTONLY                             0                 0                             72500    91.6                        727               0     2YR                                        11/1/2011            6           6           2               4
     1103636191       TOWNHOUSE                         1     OO        REFI                  Y                              7.25                 7.25              255000                255000              12/1/2006             11/1/2036                  1540.63      360      75     FL                   2/1/2007        N                 340000                   1          4            1540.63                                                                               32750           12/8/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             85000     100                        673               0     NO-PREPAY                                  11/1/2011            6           6           2               4
     1103636192       SFR                               1     OO        REFI                  Y                              6.75                 6.75              248250                248250              12/1/2006             11/1/2036                  1396.41      360    66.2     VA                   2/1/2007        N                 375000                   1          4            1396.41                                                                               22553           12/8/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0    66.2                        684               0     2YR                                        11/1/2011            6           6           2               4
     1103636194       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              208000                208000              12/1/2006             11/1/2036                  1343.33      360      80     MD                   2/1/2007        N                 300000                   1          4            1343.33                                                                               20601          11/30/2006              8      SA2605EI_ARM-INTONLY                             0            260000                             52000     100                        632               0     2YR                                        11/1/2011            6           6           2               4
     1103636195       TOWNHOUSE                         1     NOO       REFI                  Y                               8.6                  8.6              284000                284000              12/1/2006             11/1/2036                  2035.33      360   79.78     VA                   2/1/2007        N                 356000                   1          4            2035.33                                                                               20170          11/30/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   79.78                        694               0     1YR                                        11/1/2011            6           6           2               4
     1103636197       2-4FAMILY                         2     NOO       REFI                  Y                             7.625                7.625               78750              78749.39              12/1/2006             11/1/2036                   500.39      360    71.6     MD                   2/1/2007        N                 110000                   1          4             500.39                                                                               21222           12/8/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0    71.6                        664               0     2YR                                        11/1/2011            6           6           2               4
     1103636198       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              176000             175585.61              12/1/2006             11/1/2036                  1200.63      360      80     VA                   2/1/2007        N                 220000                   1          4            1200.63                                                                               23435          11/30/2006              8      SA1605E_ARM                                      0            220000                             44000     100                        642               0     2YR                                        11/1/2011            6           6           2               4
     1103636200       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              278400                278400              12/1/2006             11/1/2036                     1798      360      80     VA                   2/1/2007        N                 348000                   1          4               1798                                                                               23321          11/30/2006              8      SA1605EI_ARM-INTONLY                             0            348000                             69600     100                        672               0     2YR                                        11/1/2011            6           6           2               4
     1103636201       TOWNHOUSE                         1     OO        PURCHASE              N                              7.25                 7.25              239300                239300              12/1/2006             11/1/2036                  1445.77      360      80     VA                   2/1/2007        N                 302000                   1          4            1445.77                                                                               22508          11/30/2006              8      SA1605EI_ARM-INTONLY                             0            299150                             59800   99.99                        665               0     2YR                                        11/1/2011            6           6           2               4
     1103636205       SFR                               1     OO        REFI                  N                              7.25                 7.25              169500             169498.78              12/1/2006             11/1/2036                  1024.06      360      75     MD                   2/1/2007        N                 226000                   1          4            1024.06                                                                               21237           12/8/2006              8      BA3205EI_ARM-INTONLY                             0                 0                             33700   89.92                        607               0     2YR                                        11/1/2011            6           6           2               4
     1103636211       SFR                               1     OO        REFI                  Y                               8.5                  8.5              292000                292000              10/1/2006              9/1/2036                  2068.33      360      80     CA                   2/1/2007        N                 365000                   1          3            2068.33                                                                               95823          12/14/2006              2      PA2605EI_ARM-INTONLY                             0                 0                             73000     100                        635           45.44     5YR                                         9/1/2011            6           3           1               3
     1103636212       PUD                               1     OO        REFI                  Y                              7.25                 7.25              165000             164358.25              11/1/2006             10/1/2036                  1125.59      360   59.79     FL                   2/1/2007        N                 276000                   1          3            1125.59                                                                               33569          12/14/2006             12      SA0605E_ARM                                      0                 0                                 0   59.79                        696               0     2YR                                        10/1/2011            6           3           1               3
     1103636214       CONDO                             1     NOO       PURCHASE              N                              8.25                 8.25              145600             145033.29               9/1/2006              8/1/2036                  1093.84      360      80     FL                   2/1/2007        N                 182000                   1        3.5            1093.84                                                                               33012          12/14/2006              2      PA1605E_ARM                                      0            182000                             27300      95                        644           47.32     2YR                                         8/1/2011            6           3           1             3.5
     1103636215       CONDO                             1     NOO       PURCHASE              N                              8.25                 8.25              145600             145033.29               9/1/2006              8/1/2036                  1093.84      360      80     FL                   2/1/2007        N                 182000                   1        3.5            1093.84                                                                               33012          12/14/2006              2      PA1605E_ARM                                      0            182000                             27300      95                        644           47.32     2YR                                         8/1/2011            6           3           1             3.5
     1103636216       CONDOTEL                          1     2ND       PURCHASE              N                             9.125                9.125              152000                152000              12/1/2006             11/1/2036                  1155.83      360      80     FL                   2/1/2007        N                 190000                   1          3            1155.83                                                                               32819          12/14/2006              1      PA0605EI_ARM-INTONLY                             0            190000                                 0      80                                      19.75     3YR                                        11/1/2011            6           3           1               3
     1103636217       SFR                               1     OO        PURCHASE              N                             7.875                7.875               70000              69854.53              12/1/2006             11/1/2036                   507.55      360   82.36     FL                   2/1/2007        N                  85000                   1      3.375             507.55                                                                               32534          12/29/2006              1      BA0205E_ARM                                      0             85000                             15000     100                        740            45.4     3YR                                        11/1/2011            6           3           1           3.375
     1103636218       SFR                               1     NOO       PURCHASE              N                             9.125                9.125               80000              79914.52               1/1/2007             12/1/2036                   650.91      360      80     GA                   2/1/2007        N                 109000                   1          3             650.91                                                                               30296          12/14/2006              2      PA0605E_ARM                                      0            100000                             15000      95                        723           32.25     1YR                                        12/1/2011            6           3           1               3
     1103636220       SFR                               1     OO        PURCHASE              N                              7.99                 7.99               88130              87829.78              10/1/2006              9/1/2036                   646.05      360      70     MS                   2/1/2007        N                 126000                   1          3             646.05                                                                               39465          12/14/2006              2      PA2605E_ARM                                      0            125900                             37770     100                        622           47.28     2YR                                         9/1/2011            6           3           1               3
     1103636221       PUD                               1     2ND       PURCHASE              N                             6.875                6.875              239925             239111.77              11/1/2006             10/1/2036                  1576.14      360      75     FL                   2/1/2007        N                 385000                   1          3            1576.14                                                                               34292          12/14/2006              1      PA0605E_ARM                                      0            319900                                 0      75                                       45.2     2YR                                        10/1/2011            6           3           1               3
     1103636223       SFR                               1     NOO       PURCHASE              N                                 8                    8              114750             114359.89              10/1/2006              9/1/2036                   841.99      360      75     FL                   2/1/2007        N                 156000                   1          3             841.99                                                                               33777          12/14/2006              2      PA1602E_ARM                                      0            153000                             30600      95                        642           42.46     1YR                                         9/1/2008            6           3           1               3
     1103636224       PUD                               1     NOO       PURCHASE              N                             9.875                9.875               57600              57494.02              11/1/2006             10/1/2036                   500.17      360      80     MS                   2/1/2007        N                  72000                   1      7.875             500.17                                                                               38671          12/14/2006              2      PA3602E_ARM                                      0             72000                                 0      80                        600           33.35     2YR                                        10/1/2008            6           3           1           9.875
     1103636225       CONDOTEL                          1     2ND       PURCHASE              N                             8.875                8.875              152000             151742.47              12/1/2006             11/1/2036                  1209.38      360      80     FL                   2/1/2007        N                 194000                   1          3            1209.38                                                                               32819          12/29/2006              1      PA0605E_ARM                                      0            190000                                 0      80                                      10.55     3YR                                        11/1/2011            6           3           1               3
     1103636226       SFR                               1     OO        PURCHASE              N                             5.875                5.875              247920             246571.12              10/1/2006              9/1/2036                  1466.54      360      80     LA                   2/1/2007        N                 325000                   1          4            1466.54                                                                               70816          12/14/2006              2      PA2603E_ARM                                      0            309900                                 0      80                        630           41.47     2YR                                         9/1/2009            6           3           1           5.875
     1103636233       SFR                               1     NOO       PURCHASE              N                             9.875                9.875              111200             110943.23              10/1/2006              9/1/2036                    965.6      360      80     GA                   2/1/2007        N                 154000                   1          0              965.6                                                                               30535          12/14/2006              2      PF0630_FIXEDRATE                                 0            139000                             20850      95                        815           41.25     1YR                                                             0           0           0               0
     1103636234       CONDO                             1     2ND       PURCHASE              N                              8.25                 8.25              109360             109149.34              12/1/2006             11/1/2036                   821.59      360      80     GA                   2/1/2007        N                 137000                   1          0             821.59                                                                               30043          12/14/2006              1      PF0630_FIXEDRATE                                 0            136700                                 0      80                                      20.75     2YR                                                             0           0           0               0
     1103636247       SFR                               1     OO        REFI                  Y                            12.625               12.625               73000              72907.22              10/1/2006              9/1/2021                   786.19      180      20     CA                   2/1/2007        Y                 365000                   2          0             786.19                                                                               95823          12/14/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        635           45.03     3YR                                                             0           0           0               0
     1103636249       SFR                               1     NOO       PURCHASE              N                             14.05                14.05               30600              30571.83              10/1/2006              9/1/2021                   363.78      180      20     FL                   2/1/2007        Y                 156000                   2          0             363.78                                                                               33777          12/14/2006              2      TB1630_BALLOON                                   0            153000                                 0      95                        642           42.46     1YR                                                             0           0           0               0
     1103636250       CONDO                             1     NOO       PURCHASE              N                             14.45                14.45               27300              27272.28               9/1/2006              8/1/2021                   333.22      180      15     FL                   2/1/2007        Y                 182000                   2          0             333.22                                                                               33012          12/14/2006              2      TB1630_BALLOON                                   0            182000                                 0      95                        644           47.32     2YR                                                             0           0           0               0
     1103636251       CONDO                             1     NOO       PURCHASE              N                             14.45                14.45               27300              27272.28               9/1/2006              8/1/2021                   333.22      180      15     FL                   2/1/2007        Y                 182000                   2          0             333.22                                                                               33012          12/14/2006              2      TB1630_BALLOON                                   0            182000                                 0      95                        644           47.32     2YR                                                             0           0           0               0
     1103636252       SFR                               1     NOO       PURCHASE              N                              12.7                 12.7               20850              20823.96              10/1/2006              9/1/2021                   225.76      180      15     GA                   2/1/2007        Y                 154000                   2          0             225.76                                                                               30535          12/14/2006              2      TB0630_BALLOON                                   0            139000                                 0      95                        815           41.25     1YR                                                             0           0           0               0
     1103636253       SFR                               1     OO        PURCHASE              N                             13.85                13.85               37770              37733.56              10/1/2006              9/1/2036                   443.05      360      30     MS                   2/1/2007        N                 126000                   2          0             443.05                                                                               39465          12/14/2006              2      UF2330_FIXEDRATE                                 0            125900                                 0     100                        622           47.28     2YR                                                             0           0           0               0
     1103636263       D-PUDS                            1     OO        REFI                  Y                              7.55                 7.55              130000             129758.38               1/1/2007             12/1/2036                   913.43      360   48.15     FL                   2/1/2007        N                 270000                   1          0             913.43                                                                               33417          12/14/2006             12      SF1630_FIXEDRATE                                 0                 0                                 0   48.15                        773               0     3YR                                                             0           0           0               0
     1103636323       SFR                               1     OO        REFI                  Y                             5.875                5.875              215000             214560.51               1/1/2007             12/1/2036                  1271.81      360   48.32     CA                   2/1/2007        N                 445000                   1          3            1271.81                                                                               90262           12/5/2006             17      PA0605E_ARM                                      0                 0                                 0   48.32                        707           43.94     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103636348       CONDO                             1     OO        REFI                  Y                             7.625                7.625              136000                136000               2/1/2007              1/1/2037                   864.17      360      80     CO                   2/1/2007        N                 170000                   1          3             864.17                                                                               80218          12/29/2006              1      PA1605EI_ARM-INTONLY                             0                 0                             25500      95                        654           27.24     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103636394       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              307600                307600               1/1/2007             12/1/2036                  1762.29      360      80     CA                   2/1/2007        N                 390000                   1          3            1762.29                                                                               92879          12/21/2006              1      PA1605EI_ARM-INTONLY                             0            384500                             76900     100                        650              44     3YR                                        12/1/2011            6           3           1               3
     1103636421       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              647500              646144.7               1/1/2007             12/1/2036                  3778.63      360      70     WA                   2/1/2007        N                 950000                   1          0            3778.63                                                                               98671           12/8/2006              1      PF0630_FIXEDRATE                                 0            925000                            185000      90                        780           37.14     NO-PREPAY                                                       0           0           0               0
     1103636423       SFR                               1     OO        REFI                  N                             5.375                5.375              850000                850000               4/1/2006              3/1/2036                  3807.29      360   53.13     NY                   2/1/2007        N                1600000                   1       2.25            3807.29                                                                               11694          12/14/2006              1      BA0230DI_ARM-INTONLY                             0                 0                                 0   53.13                        746              44     NO-PREPAY                                   3/1/2007        5.625           2           2            2.25
     1103636424       SFR                               1     2ND       PURCHASE              N                              7.25                 7.25               65100                 65100              10/1/2006              9/1/2036                   393.31      360      70     CO                   2/1/2007        N                  93000                   1       2.25             393.31                                                                               81004          12/14/2006              8      BA0230DI_ARM-INTONLY                             0             93000                             27900     100                        682               0     NO-PREPAY                                   9/1/2007            6           2           2            2.25
     1103636426       SFR                               1     OO        PURCHASE              N                             7.625                7.625              176250                176250              12/1/2006             11/1/2036                  1119.92      360      75     VA                   2/1/2007        N                 235000                   1       2.25            1119.92                                                                               24401          12/14/2006             12      XA0630DI_ARM-INTONLY                             0            235000                             47000      95                        699               0     NO-PREPAY                                  11/1/2009            6           2           2            2.25
     1103636427       SFR                               1     OO        REFI                  Y                               6.5                  6.5              262500                262500              12/1/2006             11/1/2036                  1421.88      360      70     MD                   2/1/2007        N                 375000                   1       2.25            1421.88                                                                               21207          12/14/2006              8      XA0630DI_ARM-INTONLY                             0                 0                            112500     100                        690               0     NO-PREPAY                                  11/1/2009            6           2           2            2.25
     1103636428       SFR                               1     OO        REFI                  Y                             5.875                5.875              434000                434000              12/1/2006             11/1/2036                  2124.79      360      70     IL                   2/1/2007        N                 620000                   1       2.25            2124.79                                                                               60083          12/14/2006              1      XA0630DI_ARM-INTONLY                             0                 0                                 0      70                        793           31.03     NO-PREPAY                                  11/1/2009        5.125           2           2            2.25
     1103636429       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              252350                252350               1/1/2007             12/1/2036                  1445.76      360      70     IL                   2/1/2007        N                 360500                   1       2.25            1445.76                                                                               60302          12/14/2006              2      XA1630DI_ARM-INTONLY                             0            360500                            108150     100                        680           19.61     NO-PREPAY                                  12/1/2007            6           2           2            2.25
     1103636430       SFR                               1     OO        REFI                  Y                               7.5                  7.5              160000                160000              11/1/2006             10/1/2036                     1000      360   46.38     CA                   2/1/2007        N                 345000                   1        5.5               1000                                                                               92234          12/14/2006              2      PA1602EI_ARM-INTONLY                             0                 0                                 0   46.38                        657           39.61     NO-PREPAY                                  10/1/2008            6           3           1             5.5
     1103636431       SFR                               1     NOO       PURCHASE              N                             6.375                6.375               56000              55972.13              12/1/2006             11/1/2036                    297.5      360      70     NC                   2/1/2007        N                  81000                   1       2.25              297.5                                                                               28314          12/14/2006              1      BA0202EI_ARM-INTONLY                             0             80000                             24000     100                        741           31.08     NO-PREPAY                                  11/1/2008            5           3           1            2.25
     1103636432       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              159076                159076               1/1/2007             12/1/2036                   828.52      360      80     VA                   2/1/2007        N                 209000                   1       2.25             828.52                                                                               23324          12/14/2006              2      PA0602EI_ARM-INTONLY                             0            198845                             39769     100                        731           39.01     NO-PREPAY                                  12/1/2008            5           3           1            2.25
     1103636433       SFR                               1     NOO       REFI                  Y                             8.375                8.375               32000                 32000              12/1/2006             11/1/2036                   223.33      360      80     IN                   2/1/2007        N                  40000                   1          5             223.33                                                                               46221          12/14/2006             12      BA1203EI_ARM-INTONLY                             0                 0                                 0      80                        699               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636434       2-4FAMILY                         2     NOO       PURCHASE              N                             8.375                8.375               58030              57921.04              12/1/2006             11/1/2036                   441.07      360      70     DE                   2/1/2007        N                  86000                   1          5             441.07                                                                               19805          12/14/2006              1      XA1603E_ARM                                      0             82900                             20725      95                        669           27.12     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636435       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              448800                448800              12/1/2006             11/1/2036                  2571.25      360      80     NY                   2/1/2007        N                 561000                   1       2.25            2571.25                                                                               10469          12/14/2006              2      PA0603EI_ARM-INTONLY                             0            561000                            112200     100                        740           39.54     NO-PREPAY                                  11/1/2009            5           3           1            2.25
     1103636436       SFR                               1     NOO       REFI                  Y                              8.25                 8.25              104000                104000              12/1/2006             11/1/2036                      715      360      80     IL                   2/1/2007        N                 130000                   1          5                715                                                                               60636          12/14/2006             12      XA2603EI_ARM-INTONLY                             0                 0                                 0      80                        695               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636437       SFR                               1     OO        PURCHASE              N                             8.125                8.125              156000             155603.25              12/1/2006             11/1/2036                  1056.25      360      80     FL                   2/1/2007        N                 202000                   1          5            1056.25                                                                               33069          12/14/2006             17      PA0603EI_ARM-INTONLY                             0            195000                             39000     100                        707           40.64     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636439       SFR                               1     OO        PURCHASE              N                              8.25                 8.25              280250                280250              12/1/2006             11/1/2036                  1926.72      360      95     FL                   2/1/2007        N                 425000                   1          5            1926.72                                                                               33703          12/14/2006             12      SA2603EI_ARM-INTONLY                            30            295000                                 0      95                        661               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636440       SFR                               1     NOO       REFI                  Y                             7.375                7.375              300000                300000              12/1/2006             11/1/2036                  1843.75      360      75     AZ                   2/1/2007        N                 400000                   1          5            1843.75                                                                               85355          12/14/2006             17      PA0603EI_ARM-INTONLY                             0                 0                                 0      75                        767           48.23     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636441       SFR                               1     OO        REFI                  Y                             6.625                6.625              165000                165000              12/1/2006             11/1/2036                   910.94      360      75     FL                   2/1/2007        N                 220000                   1          5             910.94                                                                               33147          12/14/2006             17      PA0603EI_ARM-INTONLY                             0                 0                                 0      75                        683            32.7     5YR                                        11/1/2009            5           3           1               5
     1103636442       CONDO                             1     NOO       REFI                  Y                              8.25                 8.25              206000                206000              12/1/2006             11/1/2036                  1416.25      360   79.85     FL                   2/1/2007        N                 258000                   1          5            1416.25                                                                               34990          12/14/2006             17      PA1603EI_ARM-INTONLY                             0                 0                                 0   79.85                        644           34.89     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636443       CONDO                             1     NOO       REFI                  Y                              8.25                 8.25              206000                206000              12/1/2006             11/1/2036                  1416.25      360   79.85     FL                   2/1/2007        N                 258000                   1          5            1416.25                                                                               34990          12/14/2006             17      PA1603EI_ARM-INTONLY                             0                 0                                 0   79.85                        644           34.89     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636444       SFR                               1     NOO       REFI                  Y                               7.5                  7.5               96000              95784.91              12/1/2006             11/1/2036                   671.25      360      80     MI                   2/1/2007        N                 120000                   1          5             671.25                                                                               48235          12/14/2006              8      SA1603E_ARM                                      0                 0                             12000      90                        763               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636445       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              220000                220000              12/1/2006             11/1/2036                  1443.75      360      80     FL                   2/1/2007        N                 275000                   1          5            1443.75                                                                               33024          12/14/2006             17      PA1603EI_ARM-INTONLY                             0            275000                                 0      80                        673            37.8     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636446       SFR                               1     NOO       PURCHASE              N                              7.75                 7.75              265000                265000              12/1/2006             11/1/2036                  1711.46      360   66.09     NJ                   2/1/2007        N                 401000                   1          5            1711.46                                                                               07304          12/14/2006             12      XA1603EI_ARM-INTONLY                             0            401000                                 0   66.09                        721               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636447       SFR                               1     NOO       PURCHASE              N                             8.375                8.375              589000                589000              12/1/2006             11/1/2036                  4110.73      360      76     NJ                   2/1/2007        N                 775000                   1          5            4110.73                                                                               07627          12/14/2006             12      XA1603EI_ARM-INTONLY                             0            775000                                 0      76                        721               0     NO-PREPAY                                  11/1/2009            5           3           1               5
     1103636450       SFR                               1     NOO       REFI                  Y                             8.375                8.375               32000                 32000               1/1/2007             12/1/2036                   223.33      360      80     IN                   2/1/2007        N                  40000                   1          5             223.33                                                                               46241          12/14/2006             12      BA1203EI_ARM-INTONLY                             0                 0                                 0      80                        699               0     NO-PREPAY                                  12/1/2009            5           3           1               5
     1103636451       CONDO                             1     OO        REFI                  Y                              7.25                 7.25              225000             224958.56               1/1/2007             12/1/2036                  1359.38      360      75     FL                   2/1/2007        N                 300000                   1          5            1359.38                                                                               33071          12/14/2006             12      SA1603EI_ARM-INTONLY                             0                 0                                 0      75                        686               0     NO-PREPAY                                  12/1/2009            5           3           1               5
     1103636452       PUD                               1     OO        PURCHASE              N                             7.625                7.625              169200                169200               1/1/2007             12/1/2036                  1075.13      360      80     NC                   2/1/2007        N                 215000                   1          5            1075.13                                                                               28105          12/14/2006             12      SA1603EI_ARM-INTONLY                             0            211500                             42300     100                        742               0     NO-PREPAY                                  12/1/2009            5           3           1               5
     1103636461       SFR                               1     NOO       REFI                  Y                             7.375                7.375              356000                356000               1/1/2007             12/1/2036                  2187.92      360      80     CA                   2/1/2007        N                 445000                   1          3            2187.92                                                                               91764          12/13/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0      80                        715               0     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103636507       SFR                               1     NOO       REFI                  N                              6.75                 6.75              104000             103910.46               2/1/2007              1/1/2037                   674.54      360      26     CA                   2/1/2007        N                 400000                   1          0             674.54                                                                               90220          12/29/2006              7      PF0630_FIXEDRATE                                 0                 0                                 0      26                        747               0     1YR                                                             0           0           0               0
     1103636522       SFR                               1     OO        REFI                  Y                             6.875                6.875              388000                388000               1/1/2007             12/1/2036                  2222.92      360      80     CA                   2/1/2007        N                 485000                   1          3            2222.92                                                                               92377          12/13/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        657           43.22     1YR                                        12/1/2011            6           3           1               3
     1103636556       SFR                               1     OO        PURCHASE              N                             5.125                5.125              471200                471200               2/1/2007              1/1/2037                  2012.42      360      80     CA                   2/1/2007        N                 589000                   1          3            2012.42                                                                               91740            1/2/2007              2      PA0603EI_ARM-INTONLY                             0            589000                            117800     100                        698           34.31     3YR                                         1/1/2010            6           3           1               3
     1103636603       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              570000             568806.91               1/1/2007             12/1/2036                  3326.37      360   74.03     NC                   2/1/2007        N                 830000                   1          0            3326.37                                                                               27804           12/8/2006              1      PF0630_FIXEDRATE                                 0            770000                                 0   74.03                        797           20.91     NO-PREPAY                                                       0           0           0               0
     1103636670       SFR                               1     OO        PURCHASE              N                             6.625                6.625              277600              277364.5               1/1/2007             12/1/2036                  1650.01      360      80     CA                   2/1/2007        Y                 370000                   1          0            1650.01                                                                               92582          12/29/2006              2      PB1640_BALLOON                                   0            347000                             69400     100                        667           49.51     1YR                                                             0           0           0               0
     1103636673       SFR                               1     OO        REFI                  Y                                 6                    6              496000                496000               1/1/2007             12/1/2036                     2480      360      80     CA                   2/1/2007        N                 620000                   1          3               2480                                                                               91761           12/7/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        708           35.73     3YR                                        12/1/2011            6           3           1               3
     1103636678       D-PUDS                            1     OO        PURCHASE              N                              5.75                 5.75              535000             534441.42               2/1/2007              1/1/2037                  3122.12      360   79.86     FL                   2/1/2007        N                 670000                   1          0            3122.12                                                                               33437          12/28/2006              2      PF0630_FIXEDRATE                                 0         680460.39                                 0   79.86                        790           48.72     3YR                                                             0           0           0               0
     1103636685       CONDO                             1     NOO       REFI                  Y                             7.875                7.875              120000              119834.3               1/1/2007             12/1/2036                   870.08      360   79.48     FL                   2/1/2007        N                 151000                   1          0             870.08                                                                               33016          12/19/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   79.48                        670           46.24     NO-PREPAY                                                       0           0           0               0
     1103636752       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              350400                350400               1/1/2007             12/1/2036                  2041.08      360      80     CA                   2/1/2007        N                 439000                   1          3            2041.08                                                                               91768           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            438000                             87600     100                        659           45.79     2YR                                        12/1/2011            6           3           1               3
     1103636762       SFR                               1     NOO       REFI                  Y                                 7                    7              186000                186000               1/1/2007             12/1/2036                     1085      360      75     OR                   2/1/2007        N                 248000                   1          0               1085                                                                               97756          12/19/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      75                        751           42.26     3YR                                                             0           0           0               0
     1103636764       SFR                               1     OO        REFI                  N                              5.75                 5.75              609327                609327               1/1/2007             12/1/2036                  2919.69      360   52.99     CA                   2/1/2007        N                1150000                   1          3            2919.69                                                                               90240          12/15/2006              1      PA0607EI_ARM-INTONLY                             0                 0                                 0   52.99                        764           50.48     NO-PREPAY                                  12/1/2013            6           3           1               3
     1103636765       2-4FAMILY                         4     NOO       REFI                  N                             7.125                7.125              378000                378000               2/1/2007              1/1/2037                  2244.38      360   72.98     CA                   2/1/2007        N                 518000                   1          3            2244.38                                                                               93309          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   72.98                        721           38.68     2YR                                         1/1/2012            6           3           1               3
     1103636797       D-PUDS                            1     OO        REFI                  N                                 7                    7              608000                608000               1/1/2007             12/1/2036                  3546.67      360      80     AZ                   2/1/2007        N                 760000                   1          3            3546.67                                                                               85260           12/6/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             76000      90                        655           36.33     1YR                                        12/1/2011            6           3           1               3
     1103636804       D-PUDS                            1     OO        REFI                  Y                              12.5                 12.5               76000              75960.89               1/1/2007             12/1/2021                   811.12      180      10     AZ                   2/1/2007        Y                 760000                   2          0             811.12                                                                               85260           12/6/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        655           36.33     1YR                                                             0           0           0               0
     1103636865       CONDO                             1     2ND       PURCHASE              N                              8.25                 8.25              125400                125400               1/1/2007             12/1/2036                   862.13      360      80     FL                   2/1/2007        N                 198000                   1        3.5             862.13                                                                               33035          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            156750                             23500      95                        724           40.68     6MO                                        12/1/2011            6           3           1             3.5
     1103636916       SFR                               1     OO        REFI                  Y                              6.75                 6.75              215000             214628.73               1/1/2007             12/1/2036                  1394.49      360    57.8     NY                   2/1/2007        N                 372000                   1          0            1394.49                                                                               11772          12/28/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0    57.8                        811           46.57     1YR                                                             0           0           0               0
     1103636922       SFR                               1     OO        REFI                  Y                             6.875                6.875              500000                500000               2/1/2007              1/1/2037                  2864.58      360      80     CA                   2/1/2007        N                 625000                   1          0            2864.58                                                                               92806          12/19/2006             17      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        743           43.48     3YR                                                             0           0           0               0
     1103636937       SFR                               1     NOO       REFI                  Y                                 7                    7              956250             956142.25               2/1/2007              1/1/2037                  5578.13      360      75     CA                   2/1/2007        N                1275000                   1          3            5578.13                                                                               92065          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        766           23.57     2.5YR                                       1/1/2012            6           3           1               3
     1103636938       SFR                               1     OO        REFI                  N                             5.625                5.625              132000             131858.88               2/1/2007              1/1/2037                   759.87      360   33.68     CA                   2/1/2007        N                 392000                   1          0             759.87                                                                               92027          12/20/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   33.68                        728           38.79     5YR                                                             0           0           0               0
     1103636939       SFR                               1     OO        REFI                  N                             6.875                6.875              338000                338000               2/1/2007              1/1/2037                  1936.46      360   75.96     FL                   2/1/2007        N                 445000                   1          3            1936.46                                                                               33015          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   75.96                        656           33.07     3YR                                         1/1/2012            6           3           1               3
     1103636950       SFR                               1     NOO       REFI                  Y                              7.99                 7.99              256000             255999.06               1/1/2007             12/1/2036                  1704.53      360      80     FL                   2/1/2007        N                 320000                   1          3            1704.53                                                                               34112          12/21/2006              2      PA1602EI_ARM-INTONLY                             0                 0                                 0      80                        659           42.02     3YR                                        12/1/2008            6           3           1            7.99
     1103636993       SFR                               1     OO        REFI                  N                              7.75                 7.75              181000                181000               2/1/2007              1/1/2037                  1168.96      360    78.7     FL                   2/1/2007        N                 230000                   1          3            1168.96                                                                               34235          12/29/2006             12      SA2607EI_ARM-INTONLY                             0                 0                                 0    78.7                        672               0     3YR                                         1/1/2014            6           3           1               3
     1103637039       SFR                               1     OO        REFI                  N                             6.375                6.375              320000                320000               2/1/2007              1/1/2037                     1700      360   79.41     CA                   2/1/2007        N                 403000                   1          3               1700                                                                               93720          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.41                        678           34.85     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103637085       CONDO                             1     NOO       PURCHASE              N                             7.375                7.375              252000                252000               1/1/2007             12/1/2036                  1548.75      360      80     CA                   2/1/2007        N                 315000                   1          3            1548.75                                                                               95835          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            315000                             31500      90                        755           29.63     3YR                                        12/1/2011            6           3           1               3
     1103637118       SFR                               1     NOO       PURCHASE              N                            13.625               13.625              114000             113954.52               1/1/2007             12/1/2021                  1316.99      180      20     CA                   2/1/2007        Y                 570000                   2          0            1316.99                                                                               90039           12/8/2006              2      TB1630_BALLOON                                   0            570000                                 0      95                        656           31.19     NO-PREPAY                                                       0           0           0               0
     1103637121       SFR                               1     NOO       REFI                  N                             6.875                6.875              300750                300750               2/1/2007              1/1/2037                  1723.05      360      75     CA                   2/1/2007        N                 401000                   1          3            1723.05                                                                               95355          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             60150      90                        741            40.9     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103637122       SFR                               1     2ND       PURCHASE              N                              6.75                 6.75              228000                228000               1/1/2007             12/1/2036                   1282.5      360      80     FL                   2/1/2007        N                 300000                   1          3             1282.5                                                                               33414          11/29/2006              1      PA1605EI_ARM-INTONLY                             0            285000                                 0      80                                      35.27     1YR                                        12/1/2011            6           3           1               3
     1103637125       CONDO                             1     NOO       PURCHASE              N                               8.5                  8.5              111000              110999.8              12/1/2006             11/1/2036                   786.25      360   79.29     FL                   2/1/2007        N                 140000                   1          5             786.25                                                                               32117          12/20/2006              8      SA2603EI_ARM-INTONLY                             0            148000                             22200   95.15                        628               0     3YR                                        11/1/2009            6           2           2               5
     1103637126       SFR                               1     OO        REFI                  Y                             6.375                6.375              350000             349935.44               1/1/2007             12/1/2036                  1859.38      360   79.55     NJ                   2/1/2007        N                 440000                   1       2.25            1859.38                                                                               07080          12/11/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   79.55                        753              39     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103637127       2-4FAMILY                         2     OO        PURCHASE              N                             6.625                6.625              421000                421000              12/1/2006             11/1/2036                  2324.27      360      80     NJ                   2/1/2007        N                 550000                   1          5            2324.27                                                                               07093          12/11/2006              2      PA1603EI_ARM-INTONLY                             0            526250                            105250     100                        675           45.37     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103637128       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              263680             263613.62              12/1/2006             11/1/2036                  1510.67      360      80     NJ                   2/1/2007        N                 340000                   1       2.75            1510.67                                                                               07304          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            329600                             65920     100                        669           39.76     NO-PREPAY                                  11/1/2011            6           6           2           6.875
     1103637129       SFR                               1     OO        REFI                  Y                             6.875                6.875              284000                284000              12/1/2006             11/1/2036                  1627.08      360      80     NJ                   2/1/2007        N                 355000                   1          5            1627.08                                                                               07083          12/20/2006              8      SA2603EI_ARM-INTONLY                             0                 0                             35500      90                        677               0     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103637130       2-4FAMILY                         2     OO        REFI                  Y                             6.875                6.875              388000                388000              12/1/2006             11/1/2036                  2222.92      360      80     NJ                   2/1/2007        N                 485000                   1          5            2222.92                                                                               07109          12/20/2006              8      SA0603EI_ARM-INTONLY                             0                 0                             72750      95                        681               0     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103637131       2-4FAMILY                         2     OO        PURCHASE              N                             6.375                6.375              362560                362560               1/1/2007             12/1/2036                   1926.1      360      80     NJ                   2/1/2007        N                 456000                   1          5             1926.1                                                                               07002          12/11/2006              2      PA1603EI_ARM-INTONLY                             0            453200                             90640     100                        664           38.29     NO-PREPAY                                  12/1/2009            6           2           2               5
     1103637132       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              228400             227985.94               1/1/2007             12/1/2036                  1443.64      360      80     NJ                   2/1/2007        N                 286000                   1          5            1443.64                                                                               08902          12/11/2006              2      PA0603E_ARM                                      0            285500                             57100     100                        687           34.93     NO-PREPAY                                  12/1/2009            6           2           2               5
     1103637133       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              200000                200000               1/1/2007             12/1/2036                  1041.67      360   71.43     NY                   2/1/2007        N                 290000                   1          5            1041.67                                                                               12590          12/11/2006              2      PA0603EI_ARM-INTONLY                             0            280000                                 0   71.43                        686            27.8     NO-PREPAY                                  12/1/2009            6           2           2               5
     1103637134       2-4FAMILY                         2     OO        PURCHASE              N                             6.625                6.625              324000                324000               1/1/2007             12/1/2036                  1788.75      360      80     NJ                   2/1/2007        N                 410000                   1          5            1788.75                                                                               07103          12/20/2006              2      PA0603EI_ARM-INTONLY                             0            405000                             81000     100                        689           41.25     NO-PREPAY                                  12/1/2009            6           2           2               5
     1103637136       SFR                               1     OO        PURCHASE              N                             6.625                6.625              220000                220000               1/1/2007             12/1/2036                  1214.58      360   68.75     PA                   2/1/2007        N                 322000                   1       2.25            1214.58                                                                               18707          12/11/2006              2      PA0605EI_ARM-INTONLY                             0            320000                                 0   68.75                        780           39.34     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103637138       CONDO                             1     2ND       PURCHASE              N                             6.625                6.625              150400                150400               1/1/2007             12/1/2036                   830.33      360   48.93     NV                   2/1/2007        N                 384000                   1       2.25             830.33                                                                               89123          12/20/2006             17      XA0605DI_ARM-INTONLY                             0            307405                                 0   48.93                        686           41.04     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103637140       SFR                               1     OO        REFI                  Y                               6.5                  6.5              561000             558970.29              12/1/2006             11/1/2036                   3545.9      360   75.82     TX                   2/1/2007        N                 740000                   1          5             3545.9                                                                               75056          12/11/2006              2      PA0603E_ARM                                      0                 0                                 0   75.82                        715           17.71     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103637141       SFR                               1     OO        PURCHASE              N                              5.25                 5.25              611200                611200              12/1/2006             11/1/2036                     2674      360      80     WA                   2/1/2007        N                 765000                   1       2.25               2674                                                                               98110          12/11/2006              1      XA0603DI_ARM-INTONLY                             0            764000                                 0      80                        729           45.56     NO-PREPAY                                  11/1/2009            6           2           2            2.25
     1103637142       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              244000                244000               1/1/2007             12/1/2036                  1321.67      360      80     CA                   2/1/2007        N                 305000                   1       2.25            1321.67                                                                               95127          12/11/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        715           31.34     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103637143       SFR                               1     OO        REFI                  Y                               6.5                  6.5              264000                264000              12/1/2006             11/1/2036                     1430      360      80     CA                   2/1/2007        N                 330000                   1       2.25               1430                                                                               95351          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             33000      90                        670           39.71     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103637144       SFR                               1     OO        REFI                  Y                             6.625                6.625              498400                498400               1/1/2007             12/1/2036                  2751.58      360   77.88     CA                   2/1/2007        N                 640000                   1       2.25            2751.58                                                                               95757          12/11/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   77.88                        640               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103637146       SFR                               1     OO        REFI                  Y                              6.25                 6.25              280000                280000               1/1/2007             12/1/2036                  1458.33      360   79.33     WA                   2/1/2007        N                 353000                   1       2.25            1458.33                                                                               98021          12/20/2006              1      XA0610DI_ARM-INTONLY                             0                 0                                 0   79.33                        746           44.31     NO-PREPAY                                  12/1/2016            5           5           2            2.25
     1103637148       SFR                               1     NOO       PURCHASE              N                                 7                    7              597000                597000               1/1/2007             12/1/2036                   3482.5      360   74.63     CA                   2/1/2007        N                 800000                   1          4             3482.5                                                                               90066          12/26/2006              2      PA0605EI_ARM-INTONLY                             0            800000                                 0   74.63                        704           33.77     NO-PREPAY                                  12/1/2011            6           3           1               4
     1103637150       SFR                               1     OO        PURCHASE              N                             6.875                6.875              188000                188000              12/1/2006             11/1/2036                  1077.08      360      80     WA                   2/1/2007        N                 238100                   1        3.5            1077.08                                                                               98513          12/14/2006              8      XA0605DI_ARM-INTONLY                             0            235000                             47000     100                        699               0     3YR                                        11/1/2011            5           5           2           6.875
     1103637151       2-4FAMILY                         2     NOO       PURCHASE              N                             6.875                6.875              284000             282865.74              12/1/2006             11/1/2036                  1627.08      360      80     OR                   2/1/2007        N                 357000                   1        3.5            1627.08                                                                               97756          12/14/2006              1      XA0605DI_ARM-INTONLY                             0            355000                                 0      80                        788           30.99     NO-PREPAY                                  11/1/2011            5           5           2             3.5
     1103637152       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              276000              275999.5              12/1/2006             11/1/2036                   1552.5      360      80     NV                   2/1/2007        N                 350000                   1        3.5             1552.5                                                                               89431          12/14/2006             17      XA0605DI_ARM-INTONLY                             0            345000                             69000     100                        719           43.59     3YR                                        11/1/2011            5           5           2            6.75
     1103637153       HI-RISE                           1     OO        REFI                  Y                             5.875                5.875              695000             692863.82              12/1/2006             11/1/2036                  4111.19      360   58.65     FL                   2/1/2007        N                1185000                   1       2.25            4111.19                                                                               33432          12/14/2006              1      XA0605D_ARM                                      0                 0                                 0   58.65                        723           40.61     3YR                                        11/1/2011            5           5           2            2.25
     1103637154       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              321600                321600               1/1/2007             12/1/2036                     1675      360      80     CA                   2/1/2007        N                 408000                   1       2.25               1675                                                                               93312          12/14/2006              8      XA1605DI_ARM-INTONLY                             0            402000                             20100      85                        668               0     3YR                                        12/1/2011            5           5           2            2.25
     1103637155       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              292000                292000              12/1/2006             11/1/2036                  1581.67      360   78.86     TX                   2/1/2007        N                 390000                   1        3.5            1581.67                                                                               75035          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            370276                             54750   93.65                        685           40.94     1YR                                        11/1/2011            5           5           2             6.5
     1103637156       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              257000                256980               1/1/2007             12/1/2036                  1659.79      360      80     FL                   2/1/2007        N                 350120                   1        3.5            1659.79                                                                               34787          12/14/2006              2      XA1605DI_ARM-INTONLY                             0            321265                             64250     100                        672           41.39     NO-PREPAY                                  12/1/2011            5           5           2            7.75
     1103637158       SFR                               1     OO        PURCHASE              N                             6.875                6.875              366500                366500              12/1/2006             11/1/2036                  2099.74      360      80     TX                   2/1/2007        N                 458500                   1        3.5            2099.74                                                                               75039          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            458148                             91648     100                        707           30.72     1YR                                        11/1/2011            5           5           2           6.875
     1103637159       SFR                               1     OO        REFI                  Y                             7.375                7.375              332500             331736.32              12/1/2006             11/1/2036                  2296.49      360      70     CA                   2/1/2007        N                 475000                   1        3.5            2296.49                                                                               90047          12/14/2006              2      XA3605D_ARM                                      0                 0                                 0      70                        617           44.57     3YR                                        11/1/2011            5           5           2             3.5
     1103637160       SFR                               1     OO        PURCHASE              N                             7.375                7.375              175200             174755.16              12/1/2006             11/1/2036                  1076.75      360      80     KS                   2/1/2007        N                 230000                   1        3.5            1076.75                                                                               66210          12/14/2006              2      XA1605DI_ARM-INTONLY                             0            219000                             43800     100                        692           30.88     NO-PREPAY                                  11/1/2011            5           5           2           7.375
     1103637161       SFR                               1     OO        REFI                  Y                             7.375                7.375              245000             244437.29              12/1/2006             11/1/2036                  1692.15      360   69.02     NV                   2/1/2007        N                 355000                   1        3.5            1692.15                                                                               89117          12/14/2006             12      XA2605D_ARM                                      0                 0                                 0   69.02                        626               0     3YR                                        11/1/2011            5           5           2             3.5
     1103637163       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              134900             134549.59              12/1/2006             11/1/2036                   874.96      360   51.91     NM                   2/1/2007        N                 260000                   1        3.5             874.96                                                                               87114          12/14/2006             12      XA0605D_ARM                                      0            259900                                 0   51.91                        768               0     NO-PREPAY                                  11/1/2011            5           5           2             3.5
     1103637165       SFR                               1     OO        PURCHASE              N                             6.875                6.875              620000                620000              12/1/2006             11/1/2036                  3552.08      360      80     CA                   2/1/2007        N                 784000                   1        3.5            3552.08                                                                               92886          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            775000                             77500      90                        727           48.18     1YR                                        11/1/2011            5           5           2           6.875
     1103637167       HI-RISE                           1     2ND       PURCHASE              N                                 7                    7              224350             223795.05              12/1/2006             11/1/2036                  1492.61      360   37.01     NV                   2/1/2007        N                 960000                   1       2.25            1492.61                                                                               89109          12/14/2006             17      XA0607D_ARM                                      0            606250                                 0   37.01                        733           34.65     NO-PREPAY                                  11/1/2013            5           5           2            2.25
     1103637168       SFR                               1     OO        REFI                  Y                             6.375                6.375              546000                546000              12/1/2006             11/1/2036                  2900.63      360      70     CA                   2/1/2007        N                 780000                   1       2.25            2900.63                                                                               91344          12/14/2006              2      XA0607DI_ARM-INTONLY                             0                 0                                 0      70                        717           41.13     NO-PREPAY                                  11/1/2013            5           5           2           6.375
     1103637169       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              270000             269263.79              12/1/2006             11/1/2036                  1706.58      360   45.38     FL                   2/1/2007        N                 595000                   1        3.5            1706.58                                                                               33332          12/14/2006              2      XA1605D_ARM                                      0                 0                                 0   45.38                        679           36.32     2YR                                        11/1/2011            5           5           2             3.5
     1103637170       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              385600                385600               1/1/2007             12/1/2036                     2169      360      80     CA                   2/1/2007        N                 483000                   1        3.5               2169                                                                               90606          12/14/2006              2      XA1605DI_ARM-INTONLY                             0            482000                             96400     100                        655           38.63     3YR                                        12/1/2011            5           5           2            6.75
     1103637171       PUD                               1     OO        PURCHASE              N                                 6                    6              130000             129609.79              12/1/2006             11/1/2036                   779.42      360   34.22     AZ                   2/1/2007        N                 380000                   1       2.25             779.42                                                                               85260          12/21/2006             17      XA0605D_ARM                                      0            380000                                 0   34.22                        749           12.28     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103637172       SFR                               1     2ND       PURCHASE              N                             6.375                6.375              302400                302400              12/1/2006             11/1/2036                   1606.5      360      80     UT                   2/1/2007        N                 390000                   1        3.5             1606.5                                                                               84092          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            378000                             56700      95                        688           41.43     3YR                                        11/1/2011            5           5           2           6.375
     1103637173       SFR                               1     OO        REFI                  Y                             6.375                6.375              235000                235000              12/1/2006             11/1/2036                  1248.44      360   48.46     CA                   2/1/2007        N                 485000                   1        3.5            1248.44                                                                               92570          12/14/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             18236   52.22                        662           36.97     3YR                                        11/1/2011            5           5           2             3.5
     1103637174       SFR                               1     OO        REFI                  Y                                 7                    7              450000                450000               1/1/2007             12/1/2036                     2625      360    76.8     CA                   2/1/2007        N                 586000                   1       2.25               2625                                                                               91324          12/14/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0    76.8                        690            42.9     3YR                                        12/1/2011            5           5           2               7
     1103637175       2-4FAMILY                         2     NOO       REFI                  Y                             6.875                6.875              498750                498750               1/1/2007             12/1/2036                  2857.42      360      75     CA                   2/1/2007        N                 665000                   1        3.5            2857.42                                                                               90602          12/14/2006              8      XA0605DI_ARM-INTONLY                             0                 0                                 0      75                        693               0     NO-PREPAY                                  12/1/2011            5           5           2           6.875
     1103637176       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              344000                344000               1/1/2007             12/1/2036                  1863.33      360      80     CA                   2/1/2007        N                 435000                   1       2.25            1863.33                                                                               91706          12/14/2006              2      XA1605DI_ARM-INTONLY                             0            430000                             86000     100                        652           39.02     3YR                                        12/1/2011            5           5           2            2.25
     1103637179       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              425600                425600               1/1/2007             12/1/2036                  2305.33      360      80     CA                   2/1/2007        N                 548000                   1          3            2305.33                                                                               92562           12/8/2006              8      SA0605EI_ARM-INTONLY                             0            532000                             53200      90                        716               0     1YR                                        12/1/2011            6           3           1               3
     1103637182       SFR                               1     OO        PURCHASE              N                             7.625                7.625              172000             171750.23               1/1/2007             12/1/2036                  1217.41      360      80     ID                   2/1/2007        N                 215000                   1          0            1217.41                                                                               83404          12/14/2006              1      PF1630_FIXEDRATE                                 0            215000                             32250      95                        668           40.21     1YR                                                             0           0           0               0
     1103637183       SFR                               1     NOO       PURCHASE              N                             7.875                7.875               90000                 90000              12/1/2006             11/1/2036                   590.63      360      80     WA                   2/1/2007        N                 118000                   1          0             590.63                                                                               99350          12/14/2006              1      PF0630I_FIX-INTONLY                              0            112500                                 0      80                        697           40.68     1YR                                                             0           0           0               0
     1103637184       SFR                               1     OO        REFI                  Y                             5.875                5.875              156000                155313               1/1/2007             12/1/2026                  1106.41      240   44.83     CA                   2/1/2007        N                 348000                   1          0            1106.41                                                                               95758          12/14/2006              1      PF0620_FIXEDRATE                                 0                 0                                 0   44.83                        798           28.04     NO-PREPAY                                                       0           0           0               0
     1103637185       SFR                               1     OO        PURCHASE              N                             6.875                6.875              367200             366269.22              12/1/2006             11/1/2036                  2412.24      360      80     CA                   2/1/2007        N                 469000                   1          0            2412.24                                                                               91790          12/21/2006              2      PF0630_FIXEDRATE                                 0            459000                             68850      95                        682           42.64     3YR                                                             0           0           0               0
     1103637186       SFR                               1     2ND       PURCHASE              N                               7.5                  7.5              123000             122816.87               1/1/2007             12/1/2036                   860.03      360    71.1     TN                   2/1/2007        N                 177000                   1          0             860.03                                                                               37763          12/14/2006              2      PF0630_FIXEDRATE                                 0            173000                                 0    71.1                        686            44.5     NO-PREPAY                                                       0           0           0               0
     1103637187       SFR                               1     NOO       PURCHASE              N                             7.625                7.625               76950              76581.21              12/1/2006             11/1/2036                   544.65      360   69.96     TX                   2/1/2007        N                 113500                   1          0             544.65                                                                               75236          12/14/2006              2      PF0630_FIXEDRATE                                 0            109995                                 0   69.96                        686           38.24     NO-PREPAY                                                       0           0           0               0
     1103637188       CONDO                             1     2ND       PURCHASE              N                             6.625                6.625              500000                500000              12/1/2006             11/1/2036                  2760.42      360   60.61     ID                   2/1/2007        N                 835000                   1          0            2760.42                                                                               83353          12/21/2006              1      PF0630I_FIX-INTONLY                              0            825000                                 0   60.61                        764           38.45     NO-PREPAY                                                       0           0           0               0
     1103637189       SFR                               1     NOO       REFI                  N                             6.875                6.875              189000                189000              12/1/2006             11/1/2036                  1082.81      360   79.42     AZ                   2/1/2007        N                 238000                   1          0            1082.81                                                                               85212          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   79.42                        740           32.67     NO-PREPAY                                                       0           0           0               0
     1103637190       CONDO                             1     OO        REFI                  Y                                 6                    6              558300             557185.64               1/1/2007             12/1/2036                  3347.29      360   65.69     CA                   2/1/2007        N                 850000                   1          0            3347.29                                                                               90272          12/14/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   65.69                        784           40.57     NO-PREPAY                                                       0           0           0               0
     1103637191       SFR                               1     2ND       REFI                  N                             6.875                6.875              720900                720900              12/1/2006             11/1/2036                  4130.16      360   55.46     UT                   2/1/2007        N                1300000                   1          0            4130.16                                                                               84060          12/14/2006             17      PF0630I_FIX-INTONLY                              0                 0                                 0   55.46                        768           27.64     NO-PREPAY                                                       0           0           0               0
     1103637192       SFR                               1     OO        REFI                  Y                              7.25                 7.25              312000                312000              12/1/2006             11/1/2036                     1885      360    76.1     CA                   2/1/2007        N                 410000                   1          0               1885                                                                               92336          12/14/2006              2      PF1630I_FIX-INTONLY                              0                 0                             39000   85.61                        663           39.76     3YR                                                             0           0           0               0
     1103637193       SFR                               1     OO        REFI                  Y                             6.125                6.125              150000             149560.38              12/1/2006             11/1/2036                   911.42      360   66.08     AZ                   2/1/2007        N                 227000                   1          0             911.42                                                                               85042          12/21/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   66.08                        798           23.57     NO-PREPAY                                                       0           0           0               0
     1103637195       SFR                               1     2ND       PURCHASE              N                             6.375                6.375              160000             159702.83               1/1/2007             12/1/2036                   998.19      360   44.45     ID                   2/1/2007        N                 360000                   1          0             998.19                                                                               83854          12/14/2006             17      PF0630_FIXEDRATE                                 0            360000                                 0   44.45                        799           42.81     NO-PREPAY                                                       0           0           0               0
     1103637197       SFR                               1     OO        REFI                  Y                             8.125                8.125              135000             134733.27              12/1/2006             11/1/2036                  1002.37      360      36     CA                   2/1/2007        N                 375000                   1          0            1002.37                                                                               90221          12/14/2006             17      PF3630_FIXEDRATE                                 0                 0                                 0      36                        608            39.9     5YR                                                             0           0           0               0
     1103637198       SFR                               1     2ND       PURCHASE              N                             6.375                6.375              468000             467130.78               1/1/2007             12/1/2036                  2919.71      360      80     CA                   2/1/2007        N                 600000                   1          0            2919.71                                                                               92270          12/14/2006             17      PF0630_FIXEDRATE                                 0            585000                                 0      80                        786           38.71     NO-PREPAY                                                       0           0           0               0
     1103637199       SFR                               1     OO        REFI                  Y                             7.125                7.125              200000             199679.17               1/1/2007             12/1/2036                  1347.44      360   79.37     CA                   2/1/2007        N                 252000                   1          0            1347.44                                                                               92220          12/14/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   79.37                        645           44.87     NO-PREPAY                                                       0           0           0               0
     1103637200       SFR                               1     2ND       PURCHASE              N                                 8                    8              135600             135599.31               1/1/2007             12/1/2036                      904      360      80     SC                   2/1/2007        N                 169900                   1          0                904                                                                               29605          12/21/2006              8      SF2630I_FIX-INTONLY                              0            169500                                 0      80                        656               0     NO-PREPAY                                                       0           0           0               0
     1103637201       CONDO                             1     NOO       REFI                  Y                             7.625                7.625              204000             203703.76               1/1/2007             12/1/2036                   1443.9      360   71.58     CA                   2/1/2007        N                 285000                   1          0             1443.9                                                                               91765          12/21/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0   71.58                        632           11.35     3YR                                                             0           0           0               0
     1103637202       SFR                               1     NOO       REFI                  Y                             6.375                6.375               85000              84662.55              12/1/2006             11/1/2036                   530.29      360   40.48     CA                   2/1/2007        N                 210000                   1          0             530.29                                                                               93706          12/14/2006             12      SF0630_FIXEDRATE                                 0                 0                                 0   40.48                        768               0     3YR                                                             0           0           0               0
     1103637203       SFR                               1     OO        REFI                  Y                             6.375                6.375              179500             178998.57              12/1/2006             11/1/2036                  1119.85      360   63.43     CA                   2/1/2007        N                 283000                   1          0            1119.85                                                                               93535          12/14/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   63.43                        738           25.84     NO-PREPAY                                                       0           0           0               0
     1103637204       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              188000             187557.37              12/1/2006             11/1/2036                  1282.49      360   69.97     UT                   2/1/2007        N                 270000                   1          0            1282.49                                                                               84128          12/14/2006              2      PF0630_FIXEDRATE                                 0            268688                             53700   89.96                        794           32.03     NO-PREPAY                                                       0           0           0               0
     1103637205       SFR                               1     OO        REFI                  Y                               6.5                  6.5              632000                632000              12/1/2006             11/1/2036                  3423.33      360   62.27     CA                   2/1/2007        N                1015000                   1          0            3423.33                                                                               91381          12/14/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   62.27                        762           42.39     NO-PREPAY                                                       0           0           0               0
     1103637206       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              147000             146769.95               1/1/2007             12/1/2036                   1002.8      360   57.65     FL                   2/1/2007        N                 255000                   1          0             1002.8                                                                               33993          12/14/2006              2      PF0630_FIXEDRATE                                 0                 0                             31493      70                        692           41.19     3YR                                                             0           0           0               0
     1103637212       SFR                               1     OO        REFI                  Y                             6.375                6.375              280000                280000               2/1/2007              1/1/2037                   1487.5      360      70     CA                   2/1/2007        N                 400000                   1       3.25             1487.5                                                                               93614          12/22/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        691           33.52     2YR                                         1/1/2012            6           3           1           6.375
     1103637219       2-4FAMILY                         2     NOO       REFI                  Y                              7.25                 7.25              182000             181935.38               2/1/2007              1/1/2037                   1164.2      360      70     FL                   2/1/2007        Y                 260000                   1          0             1164.2                                                                               33161            1/5/2007              2      PB1640_BALLOON                                   0                 0                                 0      70                        669           43.61     2YR                                                             0           0           0               0
     1103637240       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              168000             167940.35               2/1/2007              1/1/2037                  1074.65      360      70     FL                   2/1/2007        Y                 240000                   1          0            1074.65                                                                               33167            1/9/2007              2      PB1640_BALLOON                                   0                 0                                 0      70                        669           50.18     2YR                                                             0           0           0               0
     1103637252       SFR                               1     OO        PURCHASE              N                             7.615                7.615              382400                382400               2/1/2007              1/1/2037                  2426.65      360      80     CA                   2/1/2007        N                 510000                   1       2.75            2426.65                                                                               92054            1/2/2007              2      PA1605EI_ARM-INTONLY                             0            478000                             95600     100                        654           46.75     3YR                                         1/1/2012            6           3           1            2.75
     1103637259       PUD                               1     NOO       PURCHASE              N                              8.85                 8.85              205200              204732.3              11/1/2006             10/1/2036                  1628.99      360      80     NV                   2/1/2007        N                 275000                   1       3.25            1628.99                                                                               89081          12/15/2006              2      PA1603E_ARM                                      0            256500                             25650      90                        663           17.82     NO-PREPAY                                  10/1/2009            6           2           2            3.25
     1103637260       SFR                               1     OO        PURCHASE              N                             6.775                6.775              372000                372000              11/1/2006             10/1/2036                  2100.25      360      80     CA                   2/1/2007        N                 465000                   1       3.25            2100.25                                                                               90805          12/15/2006              2      PA0602EI_ARM-INTONLY                             0            465000                             93000     100                        753           42.82     2YR                                        10/1/2008            6           2           2            3.25
     1103637265       2-4FAMILY                         3     NOO       PURCHASE              N                               8.9                  8.9              306000                306000               9/1/2006              8/1/2036                   2269.5      360      80     CA                   2/1/2007        N                 385000                   1       3.25             2269.5                                                                               95207          12/15/2006              2      PA0603EI_ARM-INTONLY                             0            382500                             57375      95                        735           29.82     1YR                                         8/1/2009            6           2           2            3.25
     1103637268       SFR                               1     NOO       PURCHASE              N                              8.75                 8.75              268426                268426              11/1/2006             10/1/2036                  1957.27      360      80     CA                   2/1/2007        N                 349000                   1       3.25            1957.27                                                                               92394          12/15/2006              2      PA0603EI_ARM-INTONLY                             0            335532                             52330    95.6                        769           27.91     NO-PREPAY                                  10/1/2009            6           2           2            3.25
     1103637269       SFR                               1     OO        PURCHASE              N                             6.475                6.475              311800             311729.21              10/1/2006              9/1/2036                  1682.42      360      80     CA                   2/1/2007        N                 390000                   1       3.25            1682.42                                                                               92236          12/15/2006              2      PA1603EI_ARM-INTONLY                             0            389789                             77950   99.99                        658           41.98     3YR                                         9/1/2009            6           2           2            3.25
     1103637270       PUD                               1     OO        REFI                  N                               7.6                  7.6              329600                329600              12/1/2006             11/1/2036                  2087.47      360      80     CA                   2/1/2007        N                 412000                   1       3.25            2087.47                                                                               92026          12/15/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             61800      95                        685           43.76     1YR                                        11/1/2009            6           2           2            3.25
     1103637271       SFR                               1     OO        PURCHASE              N                              7.45                 7.45              281800                281800              11/1/2006             10/1/2036                  1749.51      360      80     CA                   2/1/2007        N                 353000                   1       3.25            1749.51                                                                               92394          12/17/2006              8      SA2603EI_ARM-INTONLY                             0            352251                             52800   94.99                        656               0     3YR                                        10/1/2009            6           2           2            3.25
     1103637273       PUD                               1     OO        PURCHASE              N                               7.1                  7.1              317650             316796.98              12/1/2006             11/1/2036                  1879.43      360      80     CA                   2/1/2007        N                 400000                   1       3.25            1879.43                                                                               92543          12/15/2006              8      SA0603EI_ARM-INTONLY                             0            397102                             79400   99.99                        697               0     3YR                                        11/1/2009            6           2           2            3.25
     1103637274       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              125600             125332.34              12/1/2006             11/1/2036                   899.81      360      80     IL                   2/1/2007        N                 157000                   1       3.25             899.81                                                                               60505          12/15/2006              2      PA1603E_ARM                                      0            157000                             31400     100                        643            41.8     NO-PREPAY                                  11/1/2009            6           2           2            3.25
     1103637282       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               59000              58969.65               1/1/2007             12/1/2021                   629.68      180      20     CA                   2/1/2007        Y                 315000                   2          0             629.68                                                                               92223          11/28/2006              2      TB1630_BALLOON                                   0            295000                                 0     100                        653           46.62     2YR                                                             0           0           0               0
     1103637292       SFR                               1     OO        REFI                  N                             5.875                5.875              550000             543225.56               1/1/2007             12/1/2016                  6071.66      120   36.67     NY                   2/1/2007        N                1500000                   1          0            6071.66                                                                               11204          12/21/2006              2      BF1610_FIXEDRATE                                 0                 0                                 0   36.67                        730           24.98     NO-PREPAY                                                       0           0           0               0
     1103637293       SFR                               1     OO        PURCHASE              N                                 7                    7              144000             143581.83              12/1/2006             11/1/2036                   958.04      360     100     MI                   2/1/2007        N                 165000                   1          0             958.04                                                                               49010          12/21/2006              1      PF0430_FIXEDRATE                                35            144000                                 0     100                        775          40.746     NO-PREPAY                                                       0           0           0               0
     1103637294       SFR                               1     OO        PURCHASE              N                             8.125                8.125              101500             101270.02              12/1/2006             11/1/2036                   753.63      360     100     MO                   2/1/2007        N                 102000                   1          0             753.63                                                                               65068          12/21/2006              2      PF0430_FIXEDRATE                                35            101500                                 0     100                        754           41.69     NO-PREPAY                                                       0           0           0               0
     1103637295       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              150000             149765.27               1/1/2007             12/1/2036                  1023.26      360     100     UT                   2/1/2007        N                 155000                   1          0            1023.26                                                                               84104          12/21/2006              2      PF0430_FIXEDRATE                                 0            150000                                 0     100                        727          30.289     NO-PREPAY                                                       0           0           0               0
     1103637296       SFR                               1     OO        PURCHASE              N                             7.875                7.875               75000              74844.15              12/1/2006             11/1/2036                    543.8      360     100     TN                   2/1/2007        N                  77000                   1          0              543.8                                                                               37716          12/21/2006              1      PF0430_FIXEDRATE                                35             75000                                 0     100                        763          15.324     NO-PREPAY                                                       0           0           0               0
     1103637297       PUD                               1     OO        PURCHASE              N                             7.625                7.625              285000                285000               1/1/2007             12/1/2036                  1810.94      360     100     AZ                   2/1/2007        N                 285000                   1          0            1810.94                                                                               85715          12/21/2006              2      PF0430I_FIX-INTONLY                              0            285000                                 0     100                        811           49.36     NO-PREPAY                                                       0           0           0               0
     1103637298       PUD                               1     OO        PURCHASE              N                             7.125                7.125              135990             135988.55              12/1/2006             11/1/2036                   807.43      360     100     SC                   2/1/2007        N                 163000                   1          0             807.43                                                                               29577          12/21/2006              1      PF0430I_FIX-INTONLY                             35            135990                                 0     100                        753          39.269     NO-PREPAY                                                       0           0           0               0
     1103637299       SFR                               1     OO        REFI                  Y                             5.875                5.875              584000             577543.69              12/1/2006             11/1/2021                  4888.77      180      80     KY                   2/1/2007        N                 730000                   1          0            4888.77                                                                               42701          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0      80                        749          40.929     NO-PREPAY                                                       0           0           0               0
     1103637301       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              248000             245482.71              12/1/2006             11/1/2021                  2126.41      180      80     NV                   2/1/2007        N                 350000                   1          0            2126.41                                                                               89134          12/21/2006              2      PF0615_FIXEDRATE                                 0            310000                             31000      90                        784           23.82     NO-PREPAY                                                       0           0           0               0
     1103637303       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              523200             519668.75               1/1/2007             12/1/2021                  4486.04      180      80     IL                   2/1/2007        N                 675000                   1          0            4486.04                                                                               60201          12/21/2006              2      PF0615_FIXEDRATE                                 0            654028                                 0      80                        806          35.271     NO-PREPAY                                                       0           0           0               0
     1103637304       SFR                               1     OO        REFI                  Y                                 6                    6              584000             577945.47              12/1/2006             11/1/2021                  4928.12      180      80     CA                   2/1/2007        N                 730000                   1          0            4928.12                                                                               91765          12/21/2006              2      PF0615_FIXEDRATE                                 0                 0                                 0      80                        760           29.96     NO-PREPAY                                                       0           0           0               0
     1103637305       PUD                               1     OO        PURCHASE              N                             6.375                6.375              335147             331781.06              12/1/2006             11/1/2021                  2896.51      180      80     GA                   2/1/2007        N                 425000                   1          0            2896.51                                                                               30019          12/21/2006              2      PF0615_FIXEDRATE                                 0            418934                             41893      90                        685           43.47     NO-PREPAY                                                       0           0           0               0
     1103637306       SFR                               1     OO        REFI                  Y                             5.875                5.875              147500             145867.98              12/1/2006             11/1/2021                  1234.75      180   76.83     IL                   2/1/2007        N                 192000                   1          0            1234.75                                                                               60406          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   76.83                        755           34.14     NO-PREPAY                                                       0           0           0               0
     1103637307       PUD                               1     OO        REFI                  N                             6.875                6.875             1415767            1402143.01              12/1/2006             11/1/2021                 12626.58      180   72.61     TX                   2/1/2007        N                1950000                   1          0           12626.58                                                                               77356          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   72.61                        758          29.585     NO-PREPAY                                                       0           0           0               0
     1103637308       PUD                               1     OO        REFI                  Y                              6.25                 6.25              440000             435533.84              12/1/2006             11/1/2021                  3772.66      180   73.34     AZ                   2/1/2007        N                 600000                   1          0            3772.66                                                                               85749          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   73.34                        722          43.546     NO-PREPAY                                                       0           0           0               0
     1103637310       PUD                               1     OO        REFI                  N                              6.25                 6.25              950000             940357.14              12/1/2006             11/1/2021                  8145.52      180   67.38     CA                   2/1/2007        N                1410000                   1          0            8145.52                                                                               92120          12/21/2006              2      PF0615_FIXEDRATE                                 0                 0                                 0   67.38                        800          37.246     NO-PREPAY                                                       0           0           0               0
     1103637311       SFR                               1     OO        REFI                  Y                             6.375                6.375              400000             394629.39              11/1/2006             10/1/2021                     3457      180   61.54     OR                   2/1/2007        N                 650000                   1          0               3457                                                                               97055          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                             96774   76.43                        765            41.3     NO-PREPAY                                                       0           0           0               0
     1103637312       PUD                               1     OO        REFI                  N                             6.375                6.375              960000             950358.56              12/1/2006             11/1/2021                   8296.8      180      60     CA                   2/1/2007        N                1600000                   1          0             8296.8                                                                               92130          12/21/2006              2      PF0615_FIXEDRATE                                 0                 0                                 0      60                        727          38.591     NO-PREPAY                                                       0           0           0               0
     1103637313       SFR                               1     OO        PURCHASE              N                             7.125                7.125             1600000             784233.75               1/1/2007             12/1/2021                  14493.3      180   57.15     MD                   2/1/2007        N                2947000                   1          0            14493.3                                                                               21601          12/21/2006              2      PF0615_FIXEDRATE                                 0           2800000                                 0   57.15                        799          30.654     NO-PREPAY                                                       0           0           0               0
     1103637314       PUD                               1     OO        REFI                  Y                             5.875                5.875              445000             440337.65              12/1/2006             11/1/2021                  3725.18      180   49.45     CO                   2/1/2007        N                 900000                   1          0            3725.18                                                                               80401          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   49.45                        757          39.651     NO-PREPAY                                                       0           0           0               0
     1103637315       SFR                               1     OO        REFI                  N                                 6                    6              800000             791706.12              12/1/2006             11/1/2021                  6750.85      180      50     MO                   2/1/2007        N                1600000                   1          0            6750.85                                                                               65721          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0      50                        784          17.694     NO-PREPAY                                                       0           0           0               0
     1103637316       SFR                               1     OO        REFI                  Y                              6.25                 6.25              500000              496625.3               1/1/2007             12/1/2021                  4287.11      180   30.31     NJ                   2/1/2007        N                1650000                   1          0            4287.11                                                                               07024          12/21/2006              2      PF0615_FIXEDRATE                                 0                 0                                 0   30.31                        759           27.89     NO-PREPAY                                                       0           0           0               0
     1103637317       SFR                               1     NOO       REFI                  Y                             5.875                5.875              115000             113795.11              12/1/2006             11/1/2021                   962.69      180   20.91     CA                   2/1/2007        N                 550000                   1          0             962.69                                                                               94541          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   20.91                        715           41.41     NO-PREPAY                                                       0           0           0               0
     1103637318       SFR                               1     OO        PURCHASE              N                             6.875                6.875              480000             474426.95              12/1/2006             11/1/2026                  3685.51      240      80     CT                   2/1/2007        N                 600000                   1          0            3685.51                                                                               06492          12/21/2006              2      PF0620_FIXEDRATE                                 0            792000                                 0      80                        812          36.667     NO-PREPAY                                                       0           0           0               0
     1103637319       SFR                               1     OO        PURCHASE              N                             6.875                6.875               75000              74809.88              12/1/2006             11/1/2036                    492.7      360   91.47     ME                   2/1/2007        N                  88500                   1          0              492.7                                                                               04739          12/21/2006              2      PF0630_FIXEDRATE                                30             82000                                 0   91.47                        737            42.3     NO-PREPAY                                                       0           0           0               0
     1103637320       SFR                               1     OO        REFI                  Y                              6.75                 6.75              187000             186514.26              12/1/2006             11/1/2036                  1212.88      360   89.05     ME                   2/1/2007        N                 210000                   1          0            1212.88                                                                               04106          12/21/2006              1      PF0630_FIXEDRATE                                25                 0                                 0   89.05                        726           40.64     NO-PREPAY                                                       0           0           0               0
     1103637321       CONDO                             1     OO        REFI                  Y                             6.125                6.125              236250             235789.59               1/1/2007             12/1/2036                  1435.48      360   88.16     WI                   2/1/2007        N                 268000                   1          0            1435.48                                                                               53142          12/21/2006              1      PF0630_FIXEDRATE                                25                 0                                 0   88.16                        775          36.865     NO-PREPAY                                                       0           0           0               0
     1103637322       PUD                               1     OO        REFI                  N                             6.875                6.875              536000             533259.16               9/1/2006              8/1/2036                  3521.14      360      80     MD                   2/1/2007        N                 670000                   1          0            3521.14                                                                               21237          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            134000     100                        769          44.005     NO-PREPAY                                                       0           0           0               0
     1103637323       SFR                               1     OO        REFI                  N                               6.5                  6.5              519000                517545              12/1/2006             11/1/2036                  3280.43      360   79.85     IL                   2/1/2007        N                 650000                   1          0            3280.43                                                                               60422          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             45413   86.84                        743          35.042     NO-PREPAY                                                       0           0           0               0
     1103637324       SFR                               1     OO        PURCHASE              N                             6.375                6.375              138400             138013.38              12/1/2006             11/1/2036                   863.44      360      80     OH                   2/1/2007        N                 185000                   1          0             863.44                                                                               44028          12/21/2006              1      PF0630_FIXEDRATE                                 0            173000                             34600     100                        794           28.85     NO-PREPAY                                                       0           0           0               0
     1103637325       PUD                               1     OO        PURCHASE              N                             6.375                6.375              479999             478658.17              12/1/2006             11/1/2036                  2994.57      360      80     VA                   2/1/2007        N                 618000                   1          0            2994.57                                                                               20175          12/21/2006              1      PF0630_FIXEDRATE                                 0            599999                             89999      95                        736              40     NO-PREPAY                                                       0           0           0               0
     1103637326       SFR                               1     OO        REFI                  Y                               6.5                  6.5              508000             506518.79              12/1/2006             11/1/2036                   3210.9      360      80     IL                   2/1/2007        N                 635000                   1          0             3210.9                                                                               60302          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        715          21.964     NO-PREPAY                                                       0           0           0               0
     1103637327       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              188000             187391.86              12/1/2006             11/1/2036                  1188.29      360      80     SC                   2/1/2007        N                 240000                   1          0            1188.29                                                                               29061          12/29/2006              1      PF0630_FIXEDRATE                                 0            235000                             47000     100                        794          27.365     NO-PREPAY                                                       0           0           0               0
     1103637328       SFR                               1     OO        REFI                  Y                             6.375                6.375              444800             443278.03              12/1/2006             11/1/2036                  2774.97      360      80     CA                   2/1/2007        N                 556000                   1          0            2774.97                                                                               93041          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        724           30.21     NO-PREPAY                                                       0           0           0               0
     1103637329       SFR                               1     OO        REFI                  N                             6.875                6.875              528000             526661.62              12/1/2006             11/1/2036                  3468.58      360      80     FL                   2/1/2007        N                 660000                   1          0            3468.58                                                                               33176          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        743           31.97     NO-PREPAY                                                       0           0           0               0
     1103637330       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              530800             529352.63              12/1/2006             11/1/2036                  3355.02      360      80     MO                   2/1/2007        N                 663500                   1          0            3355.02                                                                               63038          12/21/2006              1      PF0630_FIXEDRATE                                 0            680000                                 0      80                        815          32.949     NO-PREPAY                                                       0           0           0               0
     1103637331       SFR                               1     OO        PURCHASE              N                             6.375                6.375              464000             462703.84              12/1/2006             11/1/2036                  2894.76      360      80     MD                   2/1/2007        N                 595000                   1          0            2894.76                                                                               21157          12/21/2006              1      PF0630_FIXEDRATE                                 0            580000                             87000      95                        779            36.6     NO-PREPAY                                                       0           0           0               0
     1103637332       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              708000             706069.46              12/1/2006             11/1/2036                  4475.04      360      80     RI                   2/1/2007        N                 890000                   1          0            4475.04                                                                               02906          12/21/2006              1      PF0630_FIXEDRATE                                 0            885000                            132750      95                        796          41.717     NO-PREPAY                                                       0           0           0               0
     1103637333       PUD                               1     OO        REFI                  N                               6.5                  6.5             1000000             997272.61              12/1/2006             11/1/2036                  6320.68      360      80     AZ                   2/1/2007        N                1250000                   1          0            6320.68                                                                               86303          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             45000    83.6                        730           35.69     NO-PREPAY                                                       0           0           0               0
     1103637334       SFR                               1     OO        REFI                  N                             6.375                6.375              823300             821000.21              12/1/2006             11/1/2036                  5136.32      360   79.94     MS                   2/1/2007        N                1030000                   1          0            5136.32                                                                               39110          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   79.94                        690           30.67     NO-PREPAY                                                       0           0           0               0
     1103637336       CONDO                             1     2ND       PURCHASE              N                                 7                    7              177400             176961.19              12/1/2006             11/1/2036                  1180.25      360   79.99     IL                   2/1/2007        N                 237000                   1          0            1180.25                                                                               60612          12/21/2006              2      PF0630_FIXEDRATE                                 0            221803                             22175   89.98                        725          38.472     NO-PREPAY                                                       0           0           0               0
     1103637337       SFR                               1     OO        REFI                  N                             6.375                6.375              570500             568906.36              12/1/2006             11/1/2036                  3559.18      360   78.69     MO                   2/1/2007        N                 725000                   1          0            3559.18                                                                               63124          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            107250   93.49                        803          47.584     NO-PREPAY                                                       0           0           0               0
     1103637338       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              505600             504145.94              12/1/2006             11/1/2036                  3195.74      360      80     NJ                   2/1/2007        N                 665000                   1          0            3195.74                                                                               08054          12/21/2006              1      PF0630_FIXEDRATE                                 0            632000                                 0      80                        716          34.429     NO-PREPAY                                                       0           0           0               0
     1103637339       SFR                               1     2ND       REFI                  N                             6.625                6.625              480000              478722.5              12/1/2006             11/1/2036                  3073.49      360    76.8     NJ                   2/1/2007        N                 625000                   1          0            3073.49                                                                               07719          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0    76.8                        767          41.993     NO-PREPAY                                                       0           0           0               0
     1103637340       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              944000             938375.35              12/1/2006             11/1/2036                  5966.72      360      80     MD                   2/1/2007        N                1250000                   1          0            5966.72                                                                               20905          12/21/2006              1      PF0630_FIXEDRATE                                 0           1180000                            118000      90                        707          37.785     NO-PREPAY                                                       0           0           0               0
     1103637341       SFR                               1     OO        REFI                  Y                             6.375                6.375              320000             319106.13              12/1/2006             11/1/2036                  1996.38      360      80     NY                   2/1/2007        N                 400000                   1          0            1996.38                                                                               11203          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             16000      84                        721          48.896     NO-PREPAY                                                       0           0           0               0
     1103637342       SFR                               1     OO        REFI                  Y                             6.625                6.625              360000             359022.16              12/1/2006             11/1/2036                  2305.12      360      80     NV                   2/1/2007        N                 450000                   1          0            2305.12                                                                               89701          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        686          44.212     NO-PREPAY                                                       0           0           0               0
     1103637343       SFR                               1     OO        REFI                  Y                             6.625                6.625              107000             106614.96              12/1/2006             11/1/2036                   685.13      360   79.86     NC                   2/1/2007        N                 134000                   1          0             685.13                                                                               28602          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   79.86                        749           24.41     NO-PREPAY                                                       0           0           0               0
     1103637344       SFR                               1     OO        REFI                  Y                               6.5                  6.5              324000             323116.53              12/1/2006             11/1/2036                   2047.9      360      80     NJ                   2/1/2007        N                 405000                   1          0             2047.9                                                                               08701          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        681            34.3     NO-PREPAY                                                       0           0           0               0
     1103637345       SFR                               1     OO        REFI                  N                             6.625                6.625              508000             506647.97              12/1/2006             11/1/2036                  3252.78      360      80     CO                   2/1/2007        N                 635000                   1          0            3252.78                                                                               80027          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        772          46.316     NO-PREPAY                                                       0           0           0               0
     1103637346       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              512000             510160.24              12/1/2006             11/1/2036                  3236.19      360      80     CA                   2/1/2007        N                 655000                   1          0            3236.19                                                                               92503          12/21/2006              1      PF0630_FIXEDRATE                                 0            640000                             64000      90                        747           42.35     NO-PREPAY                                                       0           0           0               0
     1103637347       SFR                               1     OO        REFI                  N                              6.75                 6.75              368000             367044.13              12/1/2006             11/1/2036                  2386.84      360      80     NY                   2/1/2007        N                 460000                   1          0            2386.84                                                                               11550          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             61000   93.27                        713           40.55     NO-PREPAY                                                       0           0           0               0
     1103637348       PUD                               1     OO        REFI                  Y                             6.625                6.625              319200             318350.47              12/1/2006             11/1/2036                  2043.87      360      80     NV                   2/1/2007        N                 399000                   1          0            2043.87                                                                               89703          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        806          40.842     NO-PREPAY                                                       0           0           0               0
     1103637349       SFR                               1     OO        REFI                  N                               6.5                  6.5              455000             453759.33              12/1/2006             11/1/2036                  2875.91      360      80     MO                   2/1/2007        N                 568800                   1          0            2875.91                                                                               64836          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        760          29.732     NO-PREPAY                                                       0           0           0               0
     1103637350       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              715200             713249.83              12/1/2006             11/1/2036                  4520.55      360      80     AZ                   2/1/2007        N                 915000                   1          0            4520.55                                                                               85742          12/21/2006              1      PF0630_FIXEDRATE                                 0            894000                                 0      80                        800          44.336     NO-PREPAY                                                       0           0           0               0
     1103637351       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              150000             149610.36              12/1/2006             11/1/2036                    972.9      360      80     MI                   2/1/2007        N                 188000                   1          0              972.9                                                                               49504          12/21/2006              1      PF0630_FIXEDRATE                                 0            187500                             37500     100                        715          23.704     NO-PREPAY                                                       0           0           0               0
     1103637352       SFR                               1     OO        PURCHASE              N                             6.375                6.375              980000             977262.47              12/1/2006             11/1/2036                  6113.93      360      80     GA                   2/1/2007        N                1225000                   1          0            6113.93                                                                               30328          12/21/2006              1      PF0630_FIXEDRATE                                 0           1225000                            183750      95                        794           32.01     NO-PREPAY                                                       0           0           0               0
     1103637353       SFR                               1     OO        PURCHASE              N                             6.125                6.125             1000000             997069.27              12/1/2006             11/1/2036                  6076.11      360      80     KS                   2/1/2007        N                1250000                   1          0            6076.11                                                                               66207          12/21/2006              1      PF0630_FIXEDRATE                                 0           1250000                                 0      80                        793          27.566     NO-PREPAY                                                       0           0           0               0
     1103637354       SFR                               1     OO        REFI                  Y                              6.25                 6.25              272000             271221.71              12/1/2006             11/1/2036                  1674.75      360      80     OR                   2/1/2007        N                 340000                   1          0            1674.75                                                                               97140          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             34000      90                        696          43.307     NO-PREPAY                                                       0           0           0               0
     1103637355       PUD                               1     OO        REFI                  N                               6.5                  6.5              586000             584402.15              12/1/2006             11/1/2036                  3703.91      360   79.95     WA                   2/1/2007        N                 733000                   1          0            3703.91                                                                               98006          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   79.95                        773          42.618     NO-PREPAY                                                       0           0           0               0
     1103637356       SFR                               1     OO        REFI                  Y                             6.625                6.625              200000             199467.41              12/1/2006             11/1/2036                  1280.62      360      80     WA                   2/1/2007        N                 250000                   1          0            1280.62                                                                               98682          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             30000      92                        757          48.236     NO-PREPAY                                                       0           0           0               0
     1103637357       SFR                               1     OO        REFI                  Y                             6.625                6.625              300000             299201.57              12/1/2006             11/1/2036                  1920.93      360      80     OR                   2/1/2007        N                 375000                   1          0            1920.93                                                                               97504          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        718           42.22     NO-PREPAY                                                       0           0           0               0
     1103637358       CONDO                             1     OO        REFI                  Y                              6.75                 6.75              190000             189506.46              12/1/2006             11/1/2036                  1232.34      360   79.17     AZ                   2/1/2007        N                 240000                   1          0            1232.34                                                                               85020          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             30875   92.04                        709          39.415     NO-PREPAY                                                       0           0           0               0
     1103637359       SFR                               1     OO        PURCHASE              N                             6.375                6.375              520000             518547.45              12/1/2006             11/1/2036                  3244.12      360      80     CA                   2/1/2007        N                 690000                   1          0            3244.12                                                                               95014          12/21/2006              2      PF0630_FIXEDRATE                                 0            650000                                 0      80                        714          41.651     NO-PREPAY                                                       0           0           0               0
     1103637360       PUD                               1     OO        PURCHASE              N                             6.375                6.375              508000             506580.96              12/1/2006             11/1/2036                  3169.26      360      80     VA                   2/1/2007        N                 650000                   1          0            3169.26                                                                               20152          12/21/2006              2      PF0630_FIXEDRATE                                 0            635000                                 0      80                        693          42.773     NO-PREPAY                                                       0           0           0               0
     1103637361       PUD                               1     OO        PURCHASE              N                             6.875                6.875              399200             397644.54              12/1/2006             11/1/2036                  2622.46      360      80     GA                   2/1/2007        N                 500000                   1          0            2622.46                                                                               30075          12/21/2006              1      PF0630_FIXEDRATE                                 0            499000                             99800     100                        706          37.045     NO-PREPAY                                                       0           0           0               0
     1103637362       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              729324             727237.15              12/1/2006             11/1/2036                  4490.57      360      80     FL                   2/1/2007        N                 927000                   1          0            4490.57                                                                               33437          12/21/2006              1      PF0630_FIXEDRATE                                 0          911655.8                                 0      80                        751          40.061     NO-PREPAY                                                       0           0           0               0
     1103637363       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              404000             403231.34               1/1/2007             12/1/2036                   2487.5      360      80     CO                   2/1/2007        N                 505000                   1          0             2487.5                                                                               80918          12/21/2006              2      PF0630_FIXEDRATE                                 0            505000                             50500      90                        723           36.64     NO-PREPAY                                                       0           0           0               0
     1103637364       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              740000             738658.44               1/1/2007             12/1/2036                   4677.3      360      80     IL                   2/1/2007        N                 925000                   1          0             4677.3                                                                               60605          12/21/2006              1      PF0630_FIXEDRATE                                 0            925000                             92500      90                        715           33.37     NO-PREPAY                                                       0           0           0               0
     1103637365       SFR                               1     OO        REFI                  Y                               6.5                  6.5              220000             219601.16               1/1/2007             12/1/2036                  1390.55      360      80     FL                   2/1/2007        N                 275000                   1          0            1390.55                                                                               34743          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        700           44.69     NO-PREPAY                                                       0           0           0               0
     1103637366       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              711200             709778.62               1/1/2007             12/1/2036                  4378.98      360      80     NY                   2/1/2007        N                 900000                   1          0            4378.98                                                                               11768          12/21/2006              1      PF0630_FIXEDRATE                                 0            889000                             88900      90                        714           36.31     NO-PREPAY                                                       0           0           0               0
     1103637367       SFR                               1     OO        REFI                  Y                                 7                    7              145600             145360.61               1/1/2007             12/1/2036                   968.68      360      80     FL                   2/1/2007        N                 182000                   1          0             968.68                                                                               32712          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        703          30.003     NO-PREPAY                                                       0           0           0               0
     1103637368       SFR                               1     OO        REFI                  Y                             6.375                6.375              504000             503063.92               1/1/2007             12/1/2036                   3144.3      360      80     IL                   2/1/2007        N                 630000                   1          0             3144.3                                                                               60089          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        745          42.501     NO-PREPAY                                                       0           0           0               0
     1103637370       PUD                               1     OO        PURCHASE              N                             6.375                6.375              559900             558860.08               1/1/2007             12/1/2036                  3493.05      360      80     VA                   2/1/2007        N                 703000                   1          0            3493.05                                                                               20141          12/21/2006              1      PF0630_FIXEDRATE                                 0            699900                                 0      80                        796           37.73     NO-PREPAY                                                       0           0           0               0
     1103637372       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              138000             137755.81               1/1/2007             12/1/2036                   883.63      360      80     FL                   2/1/2007        N                 172500                   1          0             883.63                                                                               33322          12/21/2006              2      PF0630_FIXEDRATE                                 0            172500                                 0      80                        736          25.689     NO-PREPAY                                                       0           0           0               0
     1103637373       SFR                               1     OO        REFI                  N                                 7                    7              184000             183697.46               1/1/2007             12/1/2036                  1224.16      360      80     IL                   2/1/2007        N                 230000                   1          0            1224.16                                                                               60435          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                             23000      90                        725           39.86     NO-PREPAY                                                       0           0           0               0
     1103637374       PUD                               1     OO        REFI                  N                             6.375                6.375              508000             502073.35               1/1/2007             12/1/2036                  3169.26      360      80     FL                   2/1/2007        N                 635000                   1          0            3169.26                                                                               33912          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        685          39.095     NO-PREPAY                                                       0           0           0               0
     1103637375       SFR                               1     OO        REFI                  Y                             7.375                7.375              460000             459297.79               1/1/2007             12/1/2036                  3177.11      360      80     AZ                   2/1/2007        N                 575000                   1          0            3177.11                                                                               86004          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        711          37.322     NO-PREPAY                                                       0           0           0               0
     1103637376       PUD                               1     OO        REFI                  Y                             6.625                6.625              220000              219220.3              12/1/2006             11/1/2036                  1408.68      360      80     AZ                   2/1/2007        N                 275000                   1          0            1408.68                                                                               85737          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      80                        795           24.71     NO-PREPAY                                                       0           0           0               0
     1103637377       SFR                               1     OO        PURCHASE              N                             6.625                6.625              400000             398935.42              12/1/2006             11/1/2036                  2561.24      360      80     CA                   2/1/2007        N                 508000                   1          0            2561.24                                                                               90650          12/21/2006              1      PF0630_FIXEDRATE                                 0            500000                            100000     100                        720          41.989     NO-PREPAY                                                       0           0           0               0
     1103637378       SFR                               1     OO        PURCHASE              N                             6.375                6.375              512000             510568.13              12/1/2006             11/1/2036                  3194.21      360      80     CT                   2/1/2007        N                 640000                   1          0            3194.21                                                                               06820          12/21/2006              1      PF0630_FIXEDRATE                                 0            640000                             64000      90                        743          35.603     NO-PREPAY                                                       0           0           0               0
     1103637379       SFR                               1     OO        PURCHASE              N                             6.625                6.625               89100              88857.13              12/1/2006             11/1/2036                   570.52      360      80     KY                   2/1/2007        N                 128000                   1          0             570.52                                                                               40214          12/21/2006              1      PF0630_FIXEDRATE                                 0            111375                             22275     100                        788           32.03     NO-PREPAY                                                       0           0           0               0
     1103637380       SFR                               1     OO        PURCHASE              N                             6.375                6.375              447000             445751.36              12/1/2006             11/1/2036                   2788.7      360   79.97     NY                   2/1/2007        N                 560000                   1          0             2788.7                                                                               11579          12/21/2006              1      PF0630_FIXEDRATE                                 0            559000                                 0   79.97                        800           35.52     NO-PREPAY                                                       0           0           0               0
     1103637381       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              471200             469851.73              12/1/2006             11/1/2036                  2901.26      360      80     CA                   2/1/2007        N                 589000                   1          0            2901.26                                                                               95966          12/21/2006              2      PF0630_FIXEDRATE                                 0            589000                             29450      85                        770          36.958     NO-PREPAY                                                       0           0           0               0
     1103637382       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              480000              478492.5              12/1/2006             11/1/2036                  2955.44      360      80     VA                   2/1/2007        N                 650000                   1          0            2955.44                                                                               22554          12/21/2006              1      PF0630_FIXEDRATE                                 0            600000                             90000      95                        796          36.089     NO-PREPAY                                                       0           0           0               0
     1103637383       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              327000             326150.61              12/1/2006             11/1/2036                  2120.92      360   79.76     NJ                   2/1/2007        N                 414000                   1          0            2120.92                                                                               07436          12/21/2006              1      PF0630_FIXEDRATE                                 0            410000                             81750    99.7                        696          37.867     NO-PREPAY                                                       0           0           0               0
     1103637384       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              505600             504683.38               1/1/2007             12/1/2036                  3195.74      360      80     CT                   2/1/2007        N                 635000                   1          0            3195.74                                                                               06906          12/21/2006              1      PF0630_FIXEDRATE                                 0            632000                             63200      90                        775          36.472     NO-PREPAY                                                       0           0           0               0
     1103637385       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              448000             446778.42              12/1/2006             11/1/2036                  2831.66      360      80     CA                   2/1/2007        N                 560000                   1          0            2831.66                                                                               92708          12/21/2006              2      PF0630_FIXEDRATE                                 0            560000                             84000      95                        778          49.242     NO-PREPAY                                                       0           0           0               0
     1103637386       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              288000             287214.68              12/1/2006             11/1/2036                  1820.36      360      80     FL                   2/1/2007        N                 385000                   1          0            1820.36                                                                               33839          12/21/2006              2      PF0630_FIXEDRATE                                 0            360000                             72000     100                        755          40.954     NO-PREPAY                                                       0           0           0               0
     1103637387       SFR                               1     OO        REFI                  Y                              7.75                 7.75              640000             637709.29              12/1/2006             11/1/2036                  4585.04      360      80     CA                   2/1/2007        N                 800000                   1          0            4585.04                                                                               95121          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        707          34.935     NO-PREPAY                                                       0           0           0               0
     1103637388       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              205520             204959.59              12/1/2006             11/1/2036                  1299.03      360      80     IA                   2/1/2007        N                 260000                   1          0            1299.03                                                                               52241          12/21/2006              2      PF0630_FIXEDRATE                                 0            256900                                 0      80                        745          24.353     NO-PREPAY                                                       0           0           0               0
     1103637389       SFR                               1     OO        REFI                  N                             7.625                7.625             1000000             997772.54              12/1/2006             11/1/2036                  7077.94      360      80     IL                   2/1/2007        N                1250000                   1          0            7077.94                                                                               60108          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                             62500      85                        725           41.95     NO-PREPAY                                                       0           0           0               0
     1103637390       SFR                               1     OO        REFI                  N                             6.875                6.875              608000             606458.81              12/1/2006             11/1/2036                  3994.13      360      80     CA                   2/1/2007        N                 760000                   1          0            3994.13                                                                               93312          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        718          45.824     NO-PREPAY                                                       0           0           0               0
     1103637391       SFR                               1     OO        REFI                  N                             6.625                6.625              663200             661434.93              12/1/2006             11/1/2036                  4246.54      360      80     CA                   2/1/2007        N                 829000                   1          0            4246.54                                                                               95133          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        723          43.351     NO-PREPAY                                                       0           0           0               0
     1103637392       SFR                               1     OO        PURCHASE              N                             7.625                7.625              920000             917989.67              12/1/2006             11/1/2036                   6511.7      360      80     CA                   2/1/2007        N                1150000                   1          0             6511.7                                                                               92886          12/21/2006              2      PF0630_FIXEDRATE                                 0           1150000                            115000      90                        747          41.774     NO-PREPAY                                                       0           0           0               0
     1103637393       PUD                               1     OO        PURCHASE              N                             6.375                6.375              372000             370960.85              12/1/2006             11/1/2036                   2320.8      360      80     FL                   2/1/2007        N                 535000                   1          0             2320.8                                                                               33315          12/21/2006              2      PF0630_FIXEDRATE                                 0            465000                                 0      80                        696          36.212     NO-PREPAY                                                       0           0           0               0
     1103637394       SFR                               1     OO        REFI                  N                             6.375                6.375              616000             614279.27              12/1/2006             11/1/2036                  3843.04      360      80     CA                   2/1/2007        N                 770000                   1          0            3843.04                                                                               91360          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        768          41.386     NO-PREPAY                                                       0           0           0               0
     1103637395       PUD                               1     OO        PURCHASE              N                             6.375                6.375              135200             134948.89               1/1/2007             12/1/2036                   843.47      360      80     TX                   2/1/2007        N                 172000                   1          0             843.47                                                                               77095          12/21/2006              2      PF0630_FIXEDRATE                                 0            169000                             33800     100                        750          25.506     NO-PREPAY                                                       0           0           0               0
     1103637396       PUD                               1     OO        PURCHASE              N                             6.625                6.625              796000             794591.53               1/1/2007             12/1/2036                  5096.88      360      80     AZ                   2/1/2007        N                1000000                   1          0            5096.88                                                                               85258          12/21/2006              2      PF0630_FIXEDRATE                                 0            995000                                 0      80                        699           30.08     NO-PREPAY                                                       0           0           0               0
     1103637397       PUD                               1     OO        REFI                  Y                               6.5                  6.5              220000             219601.16               1/1/2007             12/1/2036                  1390.55      360      80     FL                   2/1/2007        N                 275000                   1          0            1390.55                                                                               33566          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        699          41.417     NO-PREPAY                                                       0           0           0               0
     1103637398       PUD                               1     OO        PURCHASE              N                             6.125                6.125              680000             678674.79               1/1/2007             12/1/2036                  4131.75      360      80     TX                   2/1/2007        N                 850000                   1          0            4131.75                                                                               77304          12/21/2006              2      PF0630_FIXEDRATE                                 0            850000                                 0      80                        729          31.213     NO-PREPAY                                                       0           0           0               0
     1103637399       PUD                               1     OO        PURCHASE              N                                 7                    7              132000             131782.97               1/1/2007             12/1/2036                    878.2      360      80     UT                   2/1/2007        N                 169000                   1          0              878.2                                                                               84054          12/21/2006              2      PF0630_FIXEDRATE                                 0            165000                             33000     100                        740           31.68     NO-PREPAY                                                       0           0           0               0
     1103637400       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              169600             169137.54              12/1/2006             11/1/2036                  1071.99      360      80     GA                   2/1/2007        N                 212000                   1          0            1071.99                                                                               30021          12/21/2006              1      PF0630_FIXEDRATE                                 0            212000                             42400     100                        776          33.563     NO-PREPAY                                                       0           0           0               0
     1103637401       PUD                               1     OO        PURCHASE              N                             6.625                6.625              131600             131134.09              12/1/2006             11/1/2036                   842.65      360      80     TX                   2/1/2007        N                 165000                   1          0             842.65                                                                               77064          12/21/2006              1      PF0630_FIXEDRATE                                 0            164500                             32900     100                        726           19.25     NO-PREPAY                                                       0           0           0               0
     1103637402       SFR                               1     OO        PURCHASE              N                             6.625                6.625               90000              89705.71              12/1/2006             11/1/2036                   576.28      360   78.27     TN                   2/1/2007        N                 118000                   1          0             576.28                                                                               37166          12/21/2006              1      PF0630_FIXEDRATE                                 0            115000                             23924   99.07                        739          42.445     NO-PREPAY                                                       0           0           0               0
     1103637403       SFR                               1     OO        REFI                  N                              6.25                 6.25              865000             862524.93              12/1/2006             11/1/2036                  5325.95      360   78.64     OH                   2/1/2007        N                1100000                   1          0            5325.95                                                                               45243          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            200000   96.82                        757           37.57     NO-PREPAY                                                       0           0           0               0
     1103637404       PUD                               1     OO        REFI                  N                             6.375                6.375              360000             358994.39              12/1/2006             11/1/2036                  2245.93      360   78.27     MD                   2/1/2007        N                 460000                   1          0            2245.93                                                                               20653          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                             36456   86.19                        723          36.243     NO-PREPAY                                                       0           0           0               0
     1103637405       D-PUDS                            1     OO        REFI                  N                               6.5                  6.5              812000             809785.88              12/1/2006             11/1/2036                  5132.39      360   78.76     IL                   2/1/2007        N                1031000                   1          0            5132.39                                                                               60060          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            100000   88.46                        744          27.865     NO-PREPAY                                                       0           0           0               0
     1103637406       SFR                               1     OO        REFI                  N                               7.5                  7.5              549250             548432.19               1/1/2007             12/1/2036                  3840.44      360   78.47     IL                   2/1/2007        N                 700000                   1          0            3840.44                                                                               60047          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   78.47                        774            40.1     NO-PREPAY                                                       0           0           0               0
     1103637409       SFR                               1     OO        REFI                  N                             6.375                6.375              427000             425807.24              12/1/2006             11/1/2036                  2663.92      360   77.92     MD                   2/1/2007        N                 548000                   1          0            2663.92                                                                               20653          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   77.92                        771          40.844     NO-PREPAY                                                       0           0           0               0
     1103637410       SFR                               1     OO        REFI                  Y                              6.75                 6.75              147000              146745.6               1/1/2007             12/1/2036                   953.44      360   77.37     FL                   2/1/2007        N                 190000                   1          0             953.44                                                                               32216          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   77.37                        779          30.655     NO-PREPAY                                                       0           0           0               0
     1103637411       SFR                               1     OO        PURCHASE              N                             6.375                6.375              670000             668128.43              12/1/2006             11/1/2036                  4179.93      360   77.02     NY                   2/1/2007        N                 870000                   1          0            4179.93                                                                               11559          12/21/2006              1      PF0630_FIXEDRATE                                 0            870000                                 0   77.02                        724          49.914     NO-PREPAY                                                       0           0           0               0
     1103637412       SFR                               1     OO        REFI                  Y                              6.75                 6.75              571000             569516.82              12/1/2006             11/1/2036                   3703.5      360   77.17     OR                   2/1/2007        N                 740000                   1          0             3703.5                                                                               97229          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   77.17                        740           49.98     NO-PREPAY                                                       0           0           0               0
     1103637413       SFR                               1     OO        REFI                  Y                             6.375                6.375              280000             279165.91              12/1/2006             11/1/2036                  1746.84      360   76.72     UT                   2/1/2007        N                 365000                   1          0            1746.84                                                                               84124          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   76.72                        715           43.52     NO-PREPAY                                                       0           0           0               0
     1103637414       SFR                               1     OO        REFI                  Y                               6.5                  6.5              464000             462734.77              12/1/2006             11/1/2036                   2932.8      360    76.7     NY                   2/1/2007        N                 605000                   1          0             2932.8                                                                               11234          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0    76.7                        767          38.483     NO-PREPAY                                                       0           0           0               0
     1103637415       SFR                               1     OO        PURCHASE              N                             5.875                5.875              615230             613972.41               1/1/2007             12/1/2036                  3639.32      360      77     CA                   2/1/2007        N                 799000                   1          0            3639.32                                                                               94707          12/21/2006              2      PF0630_FIXEDRATE                                 0            799000                                 0      77                        778          43.362     NO-PREPAY                                                       0           0           0               0
     1103637416       SFR                               1     OO        REFI                  Y                             6.625                6.625              744000             742683.56               1/1/2007             12/1/2036                  4763.91      360   76.31     IL                   2/1/2007        N                 975000                   1          0            4763.91                                                                               60657          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   76.31                        708            33.6     NO-PREPAY                                                       0           0           0               0
     1103637417       SFR                               1     OO        PURCHASE              N                             6.375                6.375              830000              827681.5              12/1/2006             11/1/2036                  5178.12      360   75.46     MD                   2/1/2007        N                1100000                   1          0            5178.12                                                                               20815          12/21/2006              1      PF0630_FIXEDRATE                                 0           1100000                                 0   75.46                        783          30.813     NO-PREPAY                                                       0           0           0               0
     1103637418       SFR                               1     OO        REFI                  Y                               6.5                  6.5               87000              86842.27               1/1/2007             12/1/2036                    549.9      360   75.66     PA                   2/1/2007        N                 115000                   1          0              549.9                                                                               16123          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   75.66                        726          29.724     NO-PREPAY                                                       0           0           0               0
     1103637419       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              712500             711269.65               1/1/2007             12/1/2036                  4621.26      360      75     VA                   2/1/2007        N                 960000                   1          0            4621.26                                                                               20186          12/21/2006              2      PF0630_FIXEDRATE                                 0            950000                                 0      75                        717          26.468     NO-PREPAY                                                       0           0           0               0
     1103637420       PUD                               1     OO        REFI                  Y                              6.75                 6.75              262500             262046.71               1/1/2007             12/1/2036                  1702.57      360      75     FL                   2/1/2007        N                 350000                   1          0            1702.57                                                                               32757          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        732          20.803     NO-PREPAY                                                       0           0           0               0
     1103637421       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              453000             451764.77              12/1/2006             11/1/2036                  2863.27      360      75     NY                   2/1/2007        N                 604000                   1          0            2863.27                                                                               10030          12/21/2006              2      PF0630_FIXEDRATE                                 0            604000                                 0      75                        776          43.729     NO-PREPAY                                                       0           0           0               0
     1103637422       PUD                               1     OO        REFI                  N                             6.625                6.625             1237500            1231980.29              10/1/2006              9/1/2036                  7923.85      360      75     KS                   2/1/2007        N                1650000                   1          0            7923.85                                                                               66221          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        802          33.647     NO-PREPAY                                                       0           0           0               0
     1103637423       SFR                               1     OO        PURCHASE              N                             6.375                6.375              264000             263262.54              12/1/2006             11/1/2036                  1647.02      360      75     CT                   2/1/2007        N                 370000                   1          0            1647.02                                                                               06524          12/21/2006              2      PF0630_FIXEDRATE                                 0            352000                             88000     100                        715           46.38     NO-PREPAY                                                       0           0           0               0
     1103637424       SFR                               1     OO        PURCHASE              N                             6.875                6.875             1177500            1174515.23              12/1/2006             11/1/2036                  7735.34      360      75     AZ                   2/1/2007        N                1700000                   1          0            7735.34                                                                               85253          12/21/2006              2      PF0630_FIXEDRATE                                 0           1570000                             78500      80                        799           36.73     NO-PREPAY                                                       0           0           0               0
     1103637426       SFR                               1     OO        REFI                  N                             6.375                6.375              392000             390904.99              12/1/2006             11/1/2036                  2445.57      360   74.25     AZ                   2/1/2007        N                 528000                   1          0            2445.57                                                                               86351          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   74.25                        719          40.962     NO-PREPAY                                                       0           0           0               0
     1103637427       SFR                               1     OO        REFI                  Y                             6.375                6.375              506250             505309.73               1/1/2007             12/1/2036                  3158.34      360      75     MD                   2/1/2007        N                 675000                   1          0            3158.34                                                                               20744          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        750          46.057     NO-PREPAY                                                       0           0           0               0
     1103637428       SFR                               1     OO        REFI                  Y                             6.625                6.625              460000             458775.72              12/1/2006             11/1/2036                  2945.43      360    73.6     AZ                   2/1/2007        N                 625000                   1          0            2945.43                                                                               85218          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0    73.6                        690           43.47     NO-PREPAY                                                       0           0           0               0
     1103637429       SFR                               1     OO        REFI                  Y                              6.25                 6.25              510000              508540.7              12/1/2006             11/1/2036                  3140.16      360   73.92     WA                   2/1/2007        N                 690000                   1          0            3140.16                                                                               98112          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   73.92                        737          14.769     NO-PREPAY                                                       0           0           0               0
     1103637430       SFR                               1     OO        REFI                  N                              6.25                 6.25              932500             929821.16              12/1/2006             11/1/2036                  5741.56      360   73.43     CA                   2/1/2007        N                1270000                   1          0            5741.56                                                                               90056          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   73.43                        765           23.66     NO-PREPAY                                                       0           0           0               0
     1103637431       SFR                               1     OO        REFI                  Y                               6.5                  6.5              505000                503623              12/1/2006             11/1/2036                  3191.94      360   73.19     ME                   2/1/2007        N                 690000                   1          0            3191.94                                                                               04097          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   73.19                        735           41.75     NO-PREPAY                                                       0           0           0               0
     1103637432       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              555000             553969.19               1/1/2007             12/1/2036                  3462.48      360   73.51     IL                   2/1/2007        N                 755000                   1          0            3462.48                                                                               60607          12/21/2006              1      PF0630_FIXEDRATE                                 0            755000                                 0   73.51                        765          20.453     NO-PREPAY                                                       0           0           0               0
     1103637433       SFR                               1     OO        REFI                  N                             6.625                6.625              675000              673203.5              12/1/2006             11/1/2036                   4322.1      360   73.37     CA                   2/1/2007        N                 920000                   1          0             4322.1                                                                               91214          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   73.37                        775          34.878     NO-PREPAY                                                       0           0           0               0
     1103637434       SFR                               1     OO        REFI                  Y                               6.5                  6.5              415000              413868.4              12/1/2006             11/1/2036                  2623.08      360   72.81     NV                   2/1/2007        N                 570000                   1          0            2623.08                                                                               89460          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   72.81                        782          40.714     NO-PREPAY                                                       0           0           0               0
     1103637435       PUD                               1     OO        REFI                  N                              6.25                 6.25              705000              702982.7              12/1/2006             11/1/2036                  4340.81      360   72.31     AZ                   2/1/2007        N                 975000                   1          0            4340.81                                                                               85262          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   72.31                        812          31.699     NO-PREPAY                                                       0           0           0               0
     1103637436       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              130000             129764.32               1/1/2007             12/1/2036                   821.69      360   72.23     FL                   2/1/2007        N                 180000                   1          0             821.69                                                                               33313          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   72.23                        718          38.229     NO-PREPAY                                                       0           0           0               0
     1103637437       PUD                               1     OO        REFI                  N                               6.5                  6.5              807500             805298.14              12/1/2006             11/1/2036                  5103.95      360   71.78     AZ                   2/1/2007        N                1125000                   1          0            5103.95                                                                               85086          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   71.78                        726          42.621     NO-PREPAY                                                       0           0           0               0
     1103637438       PUD                               1     OO        PURCHASE              N                             6.375                6.375              445000             443455.35              12/1/2006             11/1/2036                  2776.22      360    71.2     VA                   2/1/2007        N                 700000                   1          0            2776.22                                                                               20112          12/21/2006              1      PF0630_FIXEDRATE                                 0            625000                                 0    71.2                        749          49.281     NO-PREPAY                                                       0           0           0               0
     1103637439       SFR                               1     OO        REFI                  N                               6.5                  6.5              525000              523322.2              12/1/2006             11/1/2036                  3318.36      360   70.47     CA                   2/1/2007        N                 745000                   1          0            3318.36                                                                               92860          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   70.47                        811           29.97     NO-PREPAY                                                       0           0           0               0
     1103637440       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              450000             448712.38              12/1/2006             11/1/2036                  2770.73      360   69.24     MD                   2/1/2007        N                 675000                   1          0            2770.73                                                                               21146          12/21/2006              1      PF0630_FIXEDRATE                                 0            650000                                 0   69.24                        779          40.164     NO-PREPAY                                                       0           0           0               0
     1103637441       PUD                               1     OO        REFI                  Y                               6.5                  6.5              472500             471211.62              12/1/2006             11/1/2036                  2986.52      360      70     MD                   2/1/2007        N                 675000                   1          0            2986.52                                                                               20876          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      70                        740          45.826     NO-PREPAY                                                       0           0           0               0
     1103637442       SFR                               1     OO        REFI                  Y                             7.625                7.625              677000             665165.75              12/1/2006             11/1/2036                  4791.76      360   69.94     CA                   2/1/2007        N                 968000                   1          0            4791.76                                                                               94513          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   69.94                        778          37.593     NO-PREPAY                                                       0           0           0               0
     1103637443       PUD                               1     OO        PURCHASE              N                             6.625                6.625              103600             103324.28              12/1/2006             11/1/2036                   663.36      360      70     TX                   2/1/2007        N                 149000                   1          0             663.36                                                                               78247          12/21/2006              1      PF0630_FIXEDRATE                                 0            148000                             44400     100                        694           33.36     NO-PREPAY                                                       0           0           0               0
     1103637444       SFR                               1     OO        REFI                  N                              6.25                 6.25              210000             209395.65              12/1/2006             11/1/2036                  1293.01      360      70     CA                   2/1/2007        N                 300000                   1          0            1293.01                                                                               93308          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      70                        698          13.233     NO-PREPAY                                                       0           0           0               0
     1103637445       PUD                               1     OO        REFI                  N                               7.5                  7.5              735000             733353.31              12/1/2006             11/1/2036                  5139.23      360      70     CA                   2/1/2007        N                1050000                   1          0            5139.23                                                                               91326          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      70                        760          48.069     NO-PREPAY                                                       0           0           0               0
     1103637446       PUD                               1     OO        REFI                  Y                               6.5                  6.5              472500             471211.62              12/1/2006             11/1/2036                  2986.52      360      70     FL                   2/1/2007        N                 675000                   1          0            2986.52                                                                               33613          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      70                        769          42.218     NO-PREPAY                                                       0           0           0               0
     1103637447       PUD                               1     OO        REFI                  Y                              6.75                 6.75              450000             448831.13              12/1/2006             11/1/2036                  2918.69      360   69.24     AZ                   2/1/2007        N                 650000                   1          0            2918.69                                                                               85027          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   69.24                        698          34.481     NO-PREPAY                                                       0           0           0               0
     1103637448       SFR                               1     2ND       PURCHASE              N                               6.5                  6.5             1000000             998187.08               1/1/2007             12/1/2036                  6320.68      360   69.45     MA                   2/1/2007        N                1440000                   1          0            6320.68                                                                               02642          12/29/2006              2      PF0630_FIXEDRATE                                 0           1875000                                 0   69.45                        818          29.975     NO-PREPAY                                                       0           0           0               0
     1103637449       PUD                               1     NOO       REFI                  Y                             6.375                6.375              449400             448565.33               1/1/2007             12/1/2036                  2803.67      360      70     MD                   2/1/2007        N                 642000                   1          0            2803.67                                                                               20852          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      70                        759           47.34     NO-PREPAY                                                       0           0           0               0
     1103637450       PUD                               1     OO        REFI                  N                                 7                    7             1887950            1884845.89               1/1/2007             12/1/2036                 12560.58      360   65.67     CA                   2/1/2007        N                2875000                   1          0           12560.58                                                                               95762          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   65.67                        728          33.477     NO-PREPAY                                                       0           0           0               0
     1103637451       SFR                               1     OO        REFI                  N                             6.375                6.375              910000             906484.52              12/1/2006             11/1/2036                  5677.22      360      70     CA                   2/1/2007        N                1300000                   1          0            5677.22                                                                               94598          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      70                        775          34.825     NO-PREPAY                                                       0           0           0               0
     1103637452       SFR                               1     OO        REFI                  Y                             6.625                6.625              470000             469168.37               1/1/2007             12/1/2036                  3009.46      360   68.62     NY                   2/1/2007        N                 685000                   1          0            3009.46                                                                               11946          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   68.62                        723           38.87     NO-PREPAY                                                       0           0           0               0
     1103637453       PUD                               1     OO        PURCHASE              N                             6.375                6.375              610000             608260.62              12/1/2006             11/1/2036                  3805.61      360   67.04     MD                   2/1/2007        N                 920000                   1          0            3805.61                                                                               21042          12/21/2006              2      PF0630_FIXEDRATE                                 0            910000                                 0   67.04                        718          19.039     NO-PREPAY                                                       0           0           0               0
     1103637455       SFR                               1     OO        REFI                  Y                              6.75                 6.75              850000             844772.45              12/1/2006             11/1/2036                  5513.08      360      68     CA                   2/1/2007        N                1250000                   1          0            5513.08                                                                               94707          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      68                        730          36.444     NO-PREPAY                                                       0           0           0               0
     1103637456       SFR                               1     OO        REFI                  Y                             6.375                6.375              800000             797765.29              12/1/2006             11/1/2036                  4990.96      360   66.67     RI                   2/1/2007        N                1200000                   1          0            4990.96                                                                               02835          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   66.67                        689           44.51     NO-PREPAY                                                       0           0           0               0
     1103637458       SFR                               1     OO        REFI                  Y                             6.375                6.375              897800              895292.1              12/1/2006             11/1/2036                   5601.1      360   66.51     NJ                   2/1/2007        N                1350000                   1          0             5601.1                                                                               07045          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            174200   79.41                        748          30.999     NO-PREPAY                                                       0           0           0               0
     1103637459       SFR                               1     OO        REFI                  N                             6.125                6.125              761500             760015.97               1/1/2007             12/1/2036                  4626.95      360   66.22     NJ                   2/1/2007        N                1150000                   1          0            4626.95                                                                               07042          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   66.22                        736           38.01     NO-PREPAY                                                       0           0           0               0
     1103637460       SFR                               1     OO        REFI                  N                               6.5                  6.5              651446             642368.21              12/1/2006             11/1/2036                  4117.58      360   65.15     NJ                   2/1/2007        N                1000000                   1          0            4117.58                                                                               07481          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   65.15                        791          45.333     NO-PREPAY                                                       0           0           0               0
     1103637461       SFR                               1     OO        REFI                  N                             6.625                6.625              650000             648270.05              12/1/2006             11/1/2036                  4162.02      360   65.66     KY                   2/1/2007        N                 990000                   1          0            4162.02                                                                               40245          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   65.66                        776          21.031     NO-PREPAY                                                       0           0           0               0
     1103637462       CONDO                             1     OO        REFI                  Y                               7.5                  7.5              650000             648433.21              12/1/2006             11/1/2036                  4544.89      360      65     CA                   2/1/2007        N                1000000                   1          0            4544.89                                                                               92672          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      65                        784           28.42     NO-PREPAY                                                       0           0           0               0
     1103637463       SFR                               1     OO        REFI                  Y                               6.5                  6.5              728000              726014.9              12/1/2006             11/1/2036                  4601.46      360      65     CA                   2/1/2007        N                1120000                   1          0            4601.46                                                                               95060          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      65                        689          44.861     NO-PREPAY                                                       0           0           0               0
     1103637464       SFR                               1     OO        REFI                  N                             6.625                6.625              485000             483225.51              12/1/2006             11/1/2036                  3105.51      360   64.67     NY                   2/1/2007        N                 750000                   1          0            3105.51                                                                               11367          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   64.67                        727          33.681     NO-PREPAY                                                       0           0           0               0
     1103637465       SFR                               1     OO        PURCHASE              N                             6.375                6.375              689000             687075.36              12/1/2006             11/1/2036                  4298.46      360    63.8     CA                   2/1/2007        N                1080000                   1          0            4298.46                                                                               94132          12/21/2006              2      PF0630_FIXEDRATE                                 0           1080000                                 0    63.8                        785           28.13     NO-PREPAY                                                       0           0           0               0
     1103637466       PUD                               1     2ND       PURCHASE              N                              6.25                 6.25              570000             568369.01              12/1/2006             11/1/2036                  3509.59      360   63.69     CA                   2/1/2007        N                 895000                   1          0            3509.59                                                                               93546          12/21/2006              1      PF0630_FIXEDRATE                                 0            895000                                 0   63.69                        794          25.379     NO-PREPAY                                                       0           0           0               0
     1103637467       CONDO                             1     OO        REFI                  N                              6.75                 6.75              227000             225399.08              12/1/2006             11/1/2036                  1472.32      360   63.06     CA                   2/1/2007        N                 360000                   1          0            1472.32                                                                               90740          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   63.06                        701           12.53     NO-PREPAY                                                       0           0           0               0
     1103637469       CONDO                             1     2ND       REFI                  Y                               6.5                  6.5              535000              533541.2              12/1/2006             11/1/2036                  3381.56      360   62.95     MD                   2/1/2007        N                 850000                   1          0            3381.56                                                                               21842          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   62.95                        799          27.443     NO-PREPAY                                                       0           0           0               0
     1103637470       SFR                               1     OO        REFI                  N                             6.375                6.375              962000             959312.76              12/1/2006             11/1/2036                  6001.63      360   62.07     PA                   2/1/2007        N                1550000                   1          0            6001.63                                                                               19085          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   62.07                        788           33.08     NO-PREPAY                                                       0           0           0               0
     1103637471       SFR                               1     2ND       PURCHASE              N                              6.25                 6.25              500000             498569.31              12/1/2006             11/1/2036                  3078.59      360    62.5     CA                   2/1/2007        N                 800000                   1          0            3078.59                                                                               94611          12/21/2006              1      PF0630_FIXEDRATE                                 0            800000                            119048   77.39                        750           44.75     NO-PREPAY                                                       0           0           0               0
     1103637472       SFR                               1     OO        PURCHASE              N                             6.375                6.375              450000             449164.22               1/1/2007             12/1/2036                  2807.41      360   62.94     MI                   2/1/2007        N                 735000                   1          0            2807.41                                                                               48104          12/21/2006              1      PF0630_FIXEDRATE                                 0            715000                                 0   62.94                        773           36.09     NO-PREPAY                                                       0           0           0               0
     1103637473       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              530000             528554.82              12/1/2006             11/1/2036                  3349.96      360   62.36     CA                   2/1/2007        N                 850000                   1          0            3349.96                                                                               90755          12/21/2006              1      PF0630_FIXEDRATE                                 0            850000                                 0   62.36                        729           49.45     NO-PREPAY                                                       0           0           0               0
     1103637475       SFR                               1     OO        REFI                  N                             6.375                6.375              540000             538491.56              12/1/2006             11/1/2036                   3368.9      360   60.41     WA                   2/1/2007        N                 894000                   1          0             3368.9                                                                               98136          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   60.41                        758          41.047     NO-PREPAY                                                       0           0           0               0
     1103637476       SFR                               1     OO        REFI                  Y                             6.375                6.375              507000             505583.75              12/1/2006             11/1/2036                  3163.02      360   60.36     FL                   2/1/2007        N                 840000                   1          0            3163.02                                                                               33157          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   60.36                        763          37.671     NO-PREPAY                                                       0           0           0               0
     1103637477       CONDO                             1     2ND       PURCHASE              N                              6.25                 6.25              900000             896476.03              12/1/2006             11/1/2036                  5541.45      360      60     RI                   2/1/2007        N                1500000                   1          0            5541.45                                                                               02840          12/21/2006              1      PF0630_FIXEDRATE                                 0           1500000                                 0      60                        806          24.655     NO-PREPAY                                                       0           0           0               0
     1103637478       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              289000             288448.75               1/1/2007             12/1/2036                  1779.42      360   59.11     CT                   2/1/2007        N                 500000                   1          0            1779.42                                                                               06611          12/21/2006              1      PF0630_FIXEDRATE                                 0            489000                                 0   59.11                        692          41.476     NO-PREPAY                                                       0           0           0               0
     1103637479       PUD                               1     OO        PURCHASE              N                             6.375                6.375              725000             719676.26               1/1/2007             12/1/2036                  4523.06      360   59.19     ID                   2/1/2007        N                1250000                   1          0            4523.06                                                                               83714          12/21/2006              1      PF0630_FIXEDRATE                                 0           1225000                                 0   59.19                        703          46.583     NO-PREPAY                                                       0           0           0               0
     1103637480       SFR                               1     OO        REFI                  N                               7.5                  7.5              910000             907961.26              12/1/2006             11/1/2036                  6362.85      360   56.35     CA                   2/1/2007        N                1615000                   1          0            6362.85                                                                               92651          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   56.35                        777          39.799     NO-PREPAY                                                       0           0           0               0
     1103637481       SFR                               1     OO        REFI                  Y                              6.25                 6.25              545000             541412.44              12/1/2006             11/1/2036                  3355.66      360    54.5     NJ                   2/1/2007        N                1000000                   1          0            3355.66                                                                               07704          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0    54.5                        796           21.03     NO-PREPAY                                                       0           0           0               0
     1103637482       PUD                               1     OO        PURCHASE              N                             6.375                6.375              600000             598323.97              12/1/2006             11/1/2036                  3743.22      360   54.52     PA                   2/1/2007        N                1200000                   1          0            3743.22                                                                               19002          12/21/2006              1      PF0630_FIXEDRATE                                 0         1100637.7                            250909   77.32                        736          39.169     NO-PREPAY                                                       0           0           0               0
     1103637483       PUD                               1     OO        PURCHASE              N                             6.375                6.375              436848             435627.73              12/1/2006             11/1/2036                  2725.36      360   52.21     AZ                   2/1/2007        N                 860000                   1          0            2725.36                                                                               85207          12/21/2006              1      PF0630_FIXEDRATE                                 0            836848                                 0   52.21                        781          29.772     NO-PREPAY                                                       0           0           0               0
     1103637484       SFR                               1     OO        REFI                  Y                             6.625                6.625              960000             957444.97              12/1/2006             11/1/2036                  6146.99      360   53.34     VA                   2/1/2007        N                1800000                   1          0            6146.99                                                                               20135          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   53.34                        765          40.411     NO-PREPAY                                                       0           0           0               0
     1103637485       SFR                               1     OO        REFI                  Y                             6.375                6.375              540000             538491.56              12/1/2006             11/1/2036                   3368.9      360   51.43     NJ                   2/1/2007        N                1050000                   1          0             3368.9                                                                               08226          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   51.43                        765          48.655     NO-PREPAY                                                       0           0           0               0
     1103637486       PUD                               1     OO        REFI                  Y                             5.875                5.875              485000             484008.62               1/1/2007             12/1/2036                  2868.96      360   51.71     FL                   2/1/2007        N                 938000                   1          0            2868.96                                                                               33180          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            102596   62.65                        682          35.411     NO-PREPAY                                                       0           0           0               0
     1103637487       SFR                               1     OO        REFI                  N                             6.375                6.375              990000             986938.55              12/1/2006             11/1/2036                  6176.31      360   50.77     MA                   2/1/2007        N                1950000                   1          0            6176.31                                                                               02465          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            504706   76.66                        761           38.98     NO-PREPAY                                                       0           0           0               0
     1103637488       SFR                               1     OO        REFI                  Y                               6.5                  6.5              472000             470712.98              12/1/2006             11/1/2036                  2983.36      360   49.95     CT                   2/1/2007        N                 945000                   1          0            2983.36                                                                               06883          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   49.95                        695          39.181     NO-PREPAY                                                       0           0           0               0
     1103637489       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              600000             598283.18              12/1/2006             11/1/2036                   3694.3      360   49.98     NY                   2/1/2007        N                1250000                   1          0             3694.3                                                                               11598          12/21/2006              1      PF0630_FIXEDRATE                                 0           1200500                            204000   66.98                        720          22.067     NO-PREPAY                                                       0           0           0               0
     1103637490       SFR                               1     2ND       PURCHASE              N                               6.5                  6.5              700000             698091.26              12/1/2006             11/1/2036                  4424.48      360   48.28     MA                   2/1/2007        N                1450000                   1          0            4424.48                                                                               02632          12/21/2006              2      PF0630_FIXEDRATE                                 0           1450000                                 0   48.28                        808          26.946     NO-PREPAY                                                       0           0           0               0
     1103637491       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              250000             249318.31              12/1/2006             11/1/2036                  1580.17      360   43.29     AZ                   2/1/2007        N                 580000                   1          0            1580.17                                                                               85258          12/21/2006              2      PF0630_FIXEDRATE                                 0            577500                                 0   43.29                        718          21.582     NO-PREPAY                                                       0           0           0               0
     1103637492       PUD                               1     OO        REFI                  Y                              6.25                 6.25              515500             514024.98              12/1/2006             11/1/2036                  3174.02      360   42.96     VA                   2/1/2007        N                1200000                   1          0            3174.02                                                                               20152          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   42.96                        758          49.675     NO-PREPAY                                                       0           0           0               0
     1103637493       SFR                               1     OO        REFI                  N                               6.5                  6.5              577000             574896.53              11/1/2006             10/1/2036                  3647.03      360   41.22     CA                   2/1/2007        N                1400000                   1          0            3647.03                                                                               91326          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   41.22                        727          20.066     NO-PREPAY                                                       0           0           0               0
     1103637494       PUD                               1     OO        REFI                  Y                              6.75                 6.75              573000             571009.91              11/1/2006             10/1/2036                  3716.47      360   39.52     AZ                   2/1/2007        N                1450000                   1          0            3716.47                                                                               85715          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                            300825   60.27                        704          38.839     NO-PREPAY                                                       0           0           0               0
     1103637495       CONDO                             1     OO        REFI                  Y                              6.75                 6.75               70000              69879.12               1/1/2007             12/1/2036                   454.02      360      40     FL                   2/1/2007        N                 175000                   1          0             454.02                                                                               33908          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0      40                        808          26.088     NO-PREPAY                                                       0           0           0               0
     1103637496       SFR                               1     NOO       REFI                  N                              6.75                 6.75              180000             179533.32               1/1/2007             12/1/2036                  1167.48      360   38.71     SC                   2/1/2007        N                 465000                   1          0            1167.48                                                                               29205          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   38.71                        736          46.199     NO-PREPAY                                                       0           0           0               0
     1103637497       SFR                               1     OO        REFI                  Y                             7.625                7.625              615000             614106.93               1/1/2007             12/1/2036                  4352.93      360   37.28     IL                   2/1/2007        N                1650000                   1          0            4352.93                                                                               60047          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   37.28                        767          29.859     NO-PREPAY                                                       0           0           0               0
     1103637498       SFR                               1     OO        REFI                  Y                             6.625                6.625             1000000             997338.52              12/1/2006             11/1/2036                  6403.11      360   36.37     CA                   2/1/2007        N                2750000                   1          0            6403.11                                                                               94611          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   36.37                        798          39.234     NO-PREPAY                                                       0           0           0               0
     1103637499       SFR                               1     OO        REFI                  Y                              6.25                 6.25              550000             548426.26              12/1/2006             11/1/2036                  3386.44      360   30.56     NY                   2/1/2007        N                1800000                   1          0            3386.44                                                                               11234          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   30.56                        728           30.41     NO-PREPAY                                                       0           0           0               0
     1103637500       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              185250                185250              12/1/2006             11/1/2036                   964.84      360      95     WA                   2/1/2007        N                 200000                   1          0             964.84                                                                               98277          12/21/2006              1      PF0630I_FIX-INTONLY                             30            195000                                 0      95                        698           46.51     NO-PREPAY                                                       0           0           0               0
     1103637501       SFR                               1     OO        REFI                  N                             7.375                7.375              378000                378000              10/1/2006              9/1/2036                  2323.13      360      90     VA                   2/1/2007        N                 420000                   1          0            2323.13                                                                               23321          12/21/2006              1      PF0630I_FIX-INTONLY                             25                 0                                 0      90                        750           31.79     NO-PREPAY                                                       0           0           0               0
     1103637502       SFR                               1     OO        REFI                  Y                             6.875                6.875              170100                170100              12/1/2006             11/1/2036                   974.53      360      90     LA                   2/1/2007        N                 189000                   1          0             974.53                                                                               70047          12/21/2006              1      PF0430I_FIX-INTONLY                             25                 0                                 0      90                        772           30.08     NO-PREPAY                                                       0           0           0               0
     1103637503       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              388000                386500              12/1/2006             11/1/2036                  2061.25      360      80     CA                   2/1/2007        N                 485000                   1          0            2061.25                                                                               90802          12/21/2006              2      PF0630I_FIX-INTONLY                              0            485000                                 0      80                        733          31.319     NO-PREPAY                                                       0           0           0               0
     1103637504       SFR                               1     OO        PURCHASE              N                             6.375                6.375              645100             641832.89              12/1/2006             11/1/2036                  3427.09      360      80     CA                   2/1/2007        N                 807000                   1          0            3427.09                                                                               90293          12/21/2006              2      PF0630I_FIX-INTONLY                              0            806375                                 0      80                        707           28.47     NO-PREPAY                                                       0           0           0               0
     1103637505       SFR                               1     OO        REFI                  Y                             6.875                6.875              580000                580000               1/1/2007             12/1/2036                  3322.92      360      80     VA                   2/1/2007        N                 725000                   1          0            3322.92                                                                               23323          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        772          29.686     NO-PREPAY                                                       0           0           0               0
     1103637506       SFR                               1     OO        REFI                  N                               6.5                  6.5              364000                364000               1/1/2007             12/1/2036                  1971.67      360      80     CA                   2/1/2007        N                 455000                   1          0            1971.67                                                                               90033          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        742          36.229     NO-PREPAY                                                       0           0           0               0
     1103637507       SFR                               1     OO        REFI                  Y                             6.875                6.875              618500                618500               1/1/2007             12/1/2036                  3543.49      360   79.81     CA                   2/1/2007        N                 775000                   1          0            3543.49                                                                               93010          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   79.81                        739          37.997     NO-PREPAY                                                       0           0           0               0
     1103637508       SFR                               1     OO        REFI                  Y                             6.375                6.375              408000                408000               1/1/2007             12/1/2036                   2167.5      360      80     NY                   2/1/2007        N                 510000                   1          0             2167.5                                                                               10901          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                             25500      85                        722           32.22     NO-PREPAY                                                       0           0           0               0
     1103637509       SFR                               1     2ND       PURCHASE              N                             6.625                6.625              439200                439200               1/1/2007             12/1/2036                  2424.75      360      80     NC                   2/1/2007        N                 553000                   1          0            2424.75                                                                               28516          12/21/2006              1      PF0630I_FIX-INTONLY                              0            549000                                 0      80                        811           48.36     NO-PREPAY                                                       0           0           0               0
     1103637510       PUD                               1     OO        PURCHASE              N                             6.625                6.625              632000                632000               1/1/2007             12/1/2036                  3489.17      360      80     AZ                   2/1/2007        N                 790000                   1          0            3489.17                                                                               85262          12/21/2006              2      PF0630I_FIX-INTONLY                              0            790000                            158000     100                        786          40.004     NO-PREPAY                                                       0           0           0               0
     1103637512       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              700000                700000              12/1/2006             11/1/2036                  3791.67      360      80     MD                   2/1/2007        N                 880000                   1          0            3791.67                                                                               20816          12/21/2006              1      PF0630I_FIX-INTONLY                              0            875000                             87500      90                        737           40.55     NO-PREPAY                                                       0           0           0               0
     1103637513       SFR                               1     OO        REFI                  Y                             6.375                6.375              460000                460000              12/1/2006             11/1/2036                  2443.75      360      80     VA                   2/1/2007        N                 575000                   1          0            2443.75                                                                               22033          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             34500      86                        697          38.289     NO-PREPAY                                                       0           0           0               0
     1103637514       SFR                               1     OO        REFI                  N                             6.375                6.375              616000                616000              12/1/2006             11/1/2036                   3272.5      360      80     VA                   2/1/2007        N                 770000                   1          0             3272.5                                                                               23452          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                            115500      95                        722          43.271     NO-PREPAY                                                       0           0           0               0
     1103637515       SFR                               1     OO        REFI                  Y                              7.25                 7.25              570000                570000              12/1/2006             11/1/2036                  3443.75      360   79.95     CA                   2/1/2007        N                 713000                   1          0            3443.75                                                                               95035          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   79.95                        732          32.747     NO-PREPAY                                                       0           0           0               0
     1103637516       SFR                               1     OO        REFI                  N                              6.75                 6.75              520000                520000              12/1/2006             11/1/2036                     2925      360      80     IL                   2/1/2007        N                 650000                   1          0               2925                                                                               60143          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             91000      94                        752           29.93     NO-PREPAY                                                       0           0           0               0
     1103637517       PUD                               1     OO        REFI                  Y                             6.375                6.375              166400                166400              12/1/2006             11/1/2036                      884      360      80     OR                   2/1/2007        N                 208000                   1          0                884                                                                               97351          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             31200      95                        706           20.68     NO-PREPAY                                                       0           0           0               0
     1103637518       SFR                               1     OO        REFI                  Y                             5.875                5.875              480000                480000              12/1/2006             11/1/2036                     2350      360      80     TN                   2/1/2007        N                 600000                   1          0               2350                                                                               37166          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             60000      90                        789           40.71     NO-PREPAY                                                       0           0           0               0
     1103637519       SFR                               1     OO        PURCHASE              N                             6.375                6.375              158400                133350              12/1/2006             11/1/2036                    841.5      360      80     LA                   2/1/2007        N                 203500                   1          0              841.5                                                                               70072          12/21/2006              1      PF0630I_FIX-INTONLY                              0            198000                             39600     100                        793            22.5     NO-PREPAY                                                       0           0           0               0
     1103637520       PUD                               1     OO        PURCHASE              N                             6.625                6.625              152000                152000              12/1/2006             11/1/2036                   839.17      360      80     TX                   2/1/2007        N                 200000                   1          0             839.17                                                                               77845          12/21/2006              1      PF0630I_FIX-INTONLY                              0            190000                             38000     100                        778           34.83     NO-PREPAY                                                       0           0           0               0
     1103637521       SFR                               1     OO        REFI                  N                             6.375                6.375              612000                612000               1/1/2007             12/1/2036                  3251.25      360      80     MD                   2/1/2007        N                 765000                   1          0            3251.25                                                                               20774          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             76500      90                        700           41.37     NO-PREPAY                                                       0           0           0               0
     1103637522       SFR                               1     OO        REFI                  N                             6.375                6.375              456000                456000               1/1/2007             12/1/2036                   2422.5      360   79.31     NY                   2/1/2007        N                 575000                   1          0             2422.5                                                                               10992          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             74100    92.2                        709          49.498     NO-PREPAY                                                       0           0           0               0
     1103637523       SFR                               1     OO        REFI                  Y                             6.375                6.375              440000                439999               1/1/2007             12/1/2036                  2337.49      360      80     MD                   2/1/2007        N                 550000                   1          0            2337.49                                                                               20721          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        683          27.496     NO-PREPAY                                                       0           0           0               0
     1103637524       SFR                               1     OO        REFI                  N                               6.5                  6.5              352000                352000               1/1/2007             12/1/2036                  1906.67      360      80     CA                   2/1/2007        N                 440000                   1          0            1906.67                                                                               95624          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             66000      95                        724           48.22     NO-PREPAY                                                       0           0           0               0
     1103637525       PUD                               1     OO        PURCHASE              N                             6.625                6.625              559999                559999               1/1/2007             12/1/2036                  3091.66      360      80     NJ                   2/1/2007        N                 725000                   1          0            3091.66                                                                               07920          12/21/2006              1      PF0630I_FIX-INTONLY                              0            699999                                 0      80                        758           42.57     NO-PREPAY                                                       0           0           0               0
     1103637526       SFR                               1     OO        PURCHASE              N                             6.125                6.125              644000                644000              12/1/2006             11/1/2036                  3287.08      360      80     CA                   2/1/2007        N                 805000                   1          0            3287.08                                                                               94037          12/21/2006              1      PF0630I_FIX-INTONLY                              0            805000                                 0      80                        798          46.456     NO-PREPAY                                                       0           0           0               0
     1103637527       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              516000                516000              12/1/2006             11/1/2036                  2741.25      360      80     PA                   2/1/2007        N                 650000                   1          0            2741.25                                                                               19103          12/21/2006              1      PF0630I_FIX-INTONLY                              0            645000                             96750      95                        759          36.237     NO-PREPAY                                                       0           0           0               0
     1103637528       SFR                               1     OO        PURCHASE              N                             6.875                6.875              252000                252000              12/1/2006             11/1/2036                  1443.75      360      80     NY                   2/1/2007        N                 560000                   1          0            1443.75                                                                               10701          12/21/2006              1      PF0630I_FIX-INTONLY                              0            315000                             63000     100                        728           25.01     NO-PREPAY                                                       0           0           0               0
     1103637529       SFR                               1     OO        REFI                  Y                              6.75                 6.75              392000                391000              11/1/2006             10/1/2036                     2205      360      80     NY                   2/1/2007        N                 490000                   1          0               2205                                                                               11566          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        770          43.601     NO-PREPAY                                                       0           0           0               0
     1103637530       PUD                               1     OO        REFI                  Y                             6.375                6.375              512000                512000              12/1/2006             11/1/2036                     2720      360      80     VA                   2/1/2007        N                 640000                   1          0               2720                                                                               20112          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        758          31.303     NO-PREPAY                                                       0           0           0               0
     1103637531       SFR                               1     OO        REFI                  N                             6.625                6.625              604000                604000              12/1/2006             11/1/2036                  3334.58      360      80     NV                   2/1/2007        N                 755000                   1          0            3334.58                                                                               89052          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        708          26.685     NO-PREPAY                                                       0           0           0               0
     1103637532       SFR                               1     OO        REFI                  Y                              6.75                 6.75              360000                360000              12/1/2006             11/1/2036                     2025      360      80     CA                   2/1/2007        N                 450000                   1          0               2025                                                                               95945          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        719          30.109     NO-PREPAY                                                       0           0           0               0
     1103637533       SFR                               1     OO        PURCHASE              N                             6.375                6.375              432000                432000               1/1/2007             12/1/2036                     2295      360      80     MA                   2/1/2007        N                 550000                   1          0               2295                                                                               01106          12/21/2006              2      PF0630I_FIX-INTONLY                              0            540000                                 0      80                        770          42.933     NO-PREPAY                                                       0           0           0               0
     1103637534       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              500000                500000               1/1/2007             12/1/2036                   2812.5      360      80     VA                   2/1/2007        N                 625000                   1          0             2812.5                                                                               20141          12/21/2006              2      PF0630I_FIX-INTONLY                              0            625000                             62500      90                        723            37.6     NO-PREPAY                                                       0           0           0               0
     1103637535       SFR                               1     OO        REFI                  Y                             6.625                6.625              480000              479999.8               1/1/2007             12/1/2036                     2650      360      80     MD                   2/1/2007        N                 600000                   1          0               2650                                                                               21146          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        688           29.34     NO-PREPAY                                                       0           0           0               0
     1103637536       CONDO                             1     OO        REFI                  N                              6.75                 6.75              440000                440000               1/1/2007             12/1/2036                     2475      360      80     NJ                   2/1/2007        N                 550000                   1          0               2475                                                                               07305          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                             55000      90                        716          36.905     NO-PREPAY                                                       0           0           0               0
     1103637537       PUD                               1     OO        REFI                  N                             6.875                6.875              475000                474850               1/1/2007             12/1/2036                  2721.35      360   79.17     FL                   2/1/2007        N                 600000                   1          0            2721.35                                                                               33026          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   79.17                        730          23.625     NO-PREPAY                                                       0           0           0               0
     1103637538       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              390520                390520              12/1/2006             11/1/2036                     2156      360      80     FL                   2/1/2007        N                 550000                   1          0               2156                                                                               32801          12/21/2006              2      PF0630I_FIX-INTONLY                              0            488150                             48815      90                        774          35.627     NO-PREPAY                                                       0           0           0               0
     1103637539       SFR                               1     OO        PURCHASE              N                             6.625                6.625              339200                339200               1/1/2007             12/1/2036                  1872.67      360      80     WA                   2/1/2007        N                 424000                   1          0            1872.67                                                                               98115          12/21/2006              2      PF0630I_FIX-INTONLY                              0            424000                             42400      90                        812          41.593     NO-PREPAY                                                       0           0           0               0
     1103637540       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              408000                408000               1/1/2007             12/1/2036                     2210      360      80     NJ                   2/1/2007        N                 515000                   1          0               2210                                                                               07302          12/21/2006              2      PF0630I_FIX-INTONLY                              0            510000                             51000      90                        729           33.41     NO-PREPAY                                                       0           0           0               0
     1103637541       PUD                               1     OO        REFI                  N                             6.625                6.625             1000000               1000000              12/1/2006             11/1/2036                  5520.83      360      80     SC                   2/1/2007        N                1250000                   1          0            5520.83                                                                               29910          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                             52000   84.16                        732          35.794     NO-PREPAY                                                       0           0           0               0
     1103637542       SFR                               1     OO        PURCHASE              N                             6.625                6.625              223900                223900              12/1/2006             11/1/2036                  1236.11      360    79.4     AZ                   2/1/2007        N                 282000                   1          0            1236.11                                                                               85302          12/21/2006              2      PF0630I_FIX-INTONLY                              0            282000                             25189   88.33                        722          41.319     NO-PREPAY                                                       0           0           0               0
     1103637543       SFR                               1     OO        REFI                  N                              6.75                 6.75              672000                672000              12/1/2006             11/1/2036                     3780      360   79.06     NV                   2/1/2007        N                 850000                   1          0               3780                                                                               89130          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   79.06                        740          38.027     NO-PREPAY                                                       0           0           0               0
     1103637544       SFR                               1     OO        REFI                  N                             6.375                6.375              792000                792000              12/1/2006             11/1/2036                   4207.5      360      80     CA                   2/1/2007        N                 990000                   1          0             4207.5                                                                               91390          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                             99000      90                        703          39.087     NO-PREPAY                                                       0           0           0               0
     1103637545       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              700000             664271.86              12/1/2006             11/1/2036                  4229.17      360      80     NJ                   2/1/2007        N                 875000                   1          0            4229.17                                                                               07054          12/21/2006              2      PF0630I_FIX-INTONLY                              0            875000                             52500      86                        749           32.66     NO-PREPAY                                                       0           0           0               0
     1103637546       SFR                               1     OO        REFI                  Y                             6.625                6.625              225000                225000               1/1/2007             12/1/2036                  1242.19      360   78.95     MD                   2/1/2007        N                 285000                   1          0            1242.19                                                                               21228          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                             42722   93.94                        750           45.73     NO-PREPAY                                                       0           0           0               0
     1103637547       SFR                               1     OO        REFI                  N                             6.875                6.875              294400                294400               9/1/2006              8/1/2036                  1686.67      360   77.89     CA                   2/1/2007        N                 378000                   1          0            1686.67                                                                               92314          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   77.89                        722          42.775     NO-PREPAY                                                       0           0           0               0
     1103637548       PUD                               1     OO        REFI                  N                             6.625                6.625              579000                579000              12/1/2006             11/1/2036                  3196.56      360   76.69     VA                   2/1/2007        N                 755000                   1          0            3196.56                                                                               22039          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   76.69                        747           42.39     NO-PREPAY                                                       0           0           0               0
     1103637549       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              460000                460000              12/1/2006             11/1/2036                  2395.83      360   76.72     VA                   2/1/2007        N                 620000                   1          0            2395.83                                                                               23188          12/21/2006              1      PF0630I_FIX-INTONLY                              0         599606.16                                 0   76.72                        780          47.612     NO-PREPAY                                                       0           0           0               0
     1103637550       CONDO                             1     OO        REFI                  Y                              6.75                 6.75              250000             249522.82              12/1/2006             11/1/2036                  1406.25      360   75.31     AZ                   2/1/2007        N                 332000                   1          0            1406.25                                                                               85021          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   75.31                        718           37.34     NO-PREPAY                                                       0           0           0               0
     1103637551       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              150000                150000               1/1/2007             12/1/2036                    812.5      360      75     FL                   2/1/2007        N                 215000                   1          0              812.5                                                                               34669          12/21/2006              2      PF0630I_FIX-INTONLY                              0            200000                                 0      75                        745          35.178     NO-PREPAY                                                       0           0           0               0
     1103637552       SFR                               1     OO        REFI                  N                               6.5                  6.5              678750             678741.53              11/1/2006             10/1/2036                  3676.55      360      75     ID                   2/1/2007        N                 905000                   1          0            3676.55                                                                               83333          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      75                        794          42.942     NO-PREPAY                                                       0           0           0               0
     1103637553       SFR                               1     OO        REFI                  N                             6.625                6.625              408000                408000              12/1/2006             11/1/2036                   2252.5      360   74.59     NY                   2/1/2007        N                 547000                   1          0             2252.5                                                                               11946          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   74.59                        722           36.08     NO-PREPAY                                                       0           0           0               0
     1103637554       2-4FAMILY                         2     OO        PURCHASE              N                             6.625                6.625              588750                588750               1/1/2007             12/1/2036                  3250.39      360      75     NY                   2/1/2007        N                 785000                   1          0            3250.39                                                                               11420          12/21/2006              2      PF0630I_FIX-INTONLY                              0            785000                                 0      75                        776          35.569     NO-PREPAY                                                       0           0           0               0
     1103637555       CONDO                             1     OO        REFI                  Y                             6.875                6.875              292500                292500               1/1/2007             12/1/2036                  1675.78      360   72.23     FL                   2/1/2007        N                 405000                   1          0            1675.78                                                                               33160          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   72.23                        710          35.589     NO-PREPAY                                                       0           0           0               0
     1103637556       SFR                               1     OO        PURCHASE              N                              6.75                 6.75             1000000              999999.6              12/1/2006             11/1/2036                     5625      360   72.73     CO                   2/1/2007        N                1375000                   1          0               5625                                                                               80304          12/21/2006              1      PF0630I_FIX-INTONLY                              0           1375000                            219178   88.67                        760           44.35     NO-PREPAY                                                       0           0           0               0
     1103637557       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              450000             449862.11               1/1/2007             12/1/2036                  2531.25      360   69.24     NJ                   2/1/2007        N                 650000                   1          0            2531.25                                                                               07604          12/21/2006              1      PF0630I_FIX-INTONLY                              0            650000                                 0   69.24                        688           48.44     NO-PREPAY                                                       0           0           0               0
     1103637558       SFR                               1     OO        REFI                  Y                              6.25                 6.25              590000                590000              12/1/2006             11/1/2036                  3072.92      360   69.01     CA                   2/1/2007        N                 855000                   1          0            3072.92                                                                               91016          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   69.01                        725          38.287     NO-PREPAY                                                       0           0           0               0
     1103637559       SFR                               1     OO        REFI                  N                               7.5                  7.5              612500                612500              12/1/2006             11/1/2036                  3828.13      360      70     IL                   2/1/2007        N                 875000                   1          0            3828.13                                                                               60618          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                            262500     100                        703          31.009     NO-PREPAY                                                       0           0           0               0
     1103637560       PUD                               1     OO        PURCHASE              N                             6.375                6.375              270000                270000              12/1/2006             11/1/2036                  1434.38      360    67.5     AZ                   2/1/2007        N                 438000                   1          0            1434.38                                                                               85024          12/21/2006              2      PF0630I_FIX-INTONLY                              0            400000                                 0    67.5                        722          26.941     NO-PREPAY                                                       0           0           0               0
     1103637561       PUD                               1     OO        PURCHASE              N                              6.25                 6.25             1000000             998815.99              12/1/2006             11/1/2036                  5208.33      360   66.67     VA                   2/1/2007        N                1600000                   1          0            5208.33                                                                               22066          12/21/2006              1      PF0630I_FIX-INTONLY                              0           1500000                            400000   93.34                        711            32.7     NO-PREPAY                                                       0           0           0               0
     1103637562       PUD                               1     OO        REFI                  N                               6.5                  6.5              860000                860000              12/1/2006             11/1/2036                  4658.33      360   66.16     AZ                   2/1/2007        N                1300000                   1          0            4658.33                                                                               85050          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   66.16                        706          40.765     NO-PREPAY                                                       0           0           0               0
     1103637563       SFR                               1     OO        REFI                  N                             6.375                6.375              344500                344500              12/1/2006             11/1/2036                  1830.16      360   65.13     NH                   2/1/2007        N                 529000                   1          0            1830.16                                                                               03249          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   65.13                        735           22.91     NO-PREPAY                                                       0           0           0               0
     1103637564       PUD                               1     OO        REFI                  Y                             6.125                6.125              485000                485000              12/1/2006             11/1/2036                  2475.52      360   64.67     VA                   2/1/2007        N                 750000                   1          0            2475.52                                                                               20136          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   64.67                        758          41.901     NO-PREPAY                                                       0           0           0               0
     1103637565       SFR                               1     OO        PURCHASE              N                              6.75                 6.75             1750000             1469887.5              12/1/2006             11/1/2036                  9843.75      360   64.82     TX                   2/1/2007        N                2800000                   1          0            9843.75                                                                               75205          12/21/2006              2      PF0630I_FIX-INTONLY                              0           2700000                                 0   64.82                        778          35.544     NO-PREPAY                                                       0           0           0               0
     1103637566       SFR                               1     OO        REFI                  Y                               6.5                  6.5              250000                250000               1/1/2007             12/1/2036                  1354.17      360   64.94     MD                   2/1/2007        N                 385000                   1          0            1354.17                                                                               21061          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   64.94                        730          26.637     NO-PREPAY                                                       0           0           0               0
     1103637567       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              475000                175000              12/1/2006             11/1/2036                  2572.92      360   63.34     CA                   2/1/2007        N                 750000                   1          0            2572.92                                                                               95215          12/21/2006              1      PF0630I_FIX-INTONLY                              0            750000                                 0   63.34                        724          47.837     NO-PREPAY                                                       0           0           0               0
     1103637568       SFR                               1     OO        REFI                  Y                             6.375                6.375              410000                409400              12/1/2006             11/1/2036                  2178.13      360   63.08     GA                   2/1/2007        N                 650000                   1          0            2178.13                                                                               31523          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   63.08                        778           34.97     NO-PREPAY                                                       0           0           0               0
     1103637569       SFR                               1     OO        REFI                  Y                               6.5                  6.5              500000                500000              12/1/2006             11/1/2036                  2708.33      360    62.5     MD                   2/1/2007        N                 800000                   1          0            2708.33                                                                               20878          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                             95238   74.41                        753          39.021     NO-PREPAY                                                       0           0           0               0
     1103637571       SFR                               1     OO        REFI                  N                               6.5                  6.5              850000                850000              12/1/2006             11/1/2036                  4604.17      360   61.38     NY                   2/1/2007        N                1385000                   1          0            4604.17                                                                               10901          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   61.38                        769          37.233     NO-PREPAY                                                       0           0           0               0
     1103637572       SFR                               1     OO        REFI                  Y                             6.375                6.375              492000                492000              12/1/2006             11/1/2036                  2613.75      360    61.5     CA                   2/1/2007        N                 800000                   1          0            2613.75                                                                               90505          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0    61.5                        731          37.925     NO-PREPAY                                                       0           0           0               0
     1103637573       PUD                               1     OO        REFI                  N                             6.375                6.375              560195                560195               1/1/2007             12/1/2036                  2976.04      360   59.92     SC                   2/1/2007        N                 935000                   1          0            2976.04                                                                               29449          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   59.92                        688          43.199     NO-PREPAY                                                       0           0           0               0
     1103637574       SFR                               1     OO        REFI                  Y                               6.5                  6.5              590000             588999.89              12/1/2006             11/1/2036                  3195.83      360   58.02     DC                   2/1/2007        N                1017000                   1          0            3195.83                                                                               20008          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   58.02                        793          35.921     NO-PREPAY                                                       0           0           0               0
     1103637575       SFR                               1     2ND       REFI                  N                              6.25                 6.25              389000                389000              12/1/2006             11/1/2036                  2026.04      360    58.5     CO                   2/1/2007        N                 665000                   1          0            2026.04                                                                               80478          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0    58.5                        770           34.63     NO-PREPAY                                                       0           0           0               0
     1103637576       SFR                               1     OO        PURCHASE              N                             6.625                6.625              263500                263500              12/1/2006             11/1/2036                  1454.74      360   56.85     NY                   2/1/2007        N                 470000                   1          0            1454.74                                                                               11040          12/21/2006              1      PF0630I_FIX-INTONLY                              0            463500                            198781   99.74                        740           39.72     NO-PREPAY                                                       0           0           0               0
     1103637577       CONDO                             1     OO        REFI                  Y                              6.75                 6.75               90000              89934.75              12/1/2006             11/1/2036                   506.25      360   55.91     NM                   2/1/2007        N                 161000                   1          0             506.25                                                                               87106          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   55.91                        699          21.435     NO-PREPAY                                                       0           0           0               0
     1103637578       SFR                               1     OO        REFI                  Y                             6.375                6.375              431000             430365.71              12/1/2006             11/1/2036                  2289.69      360   54.56     CA                   2/1/2007        N                 790000                   1          0            2289.69                                                                               95667          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   54.56                        700          35.336     NO-PREPAY                                                       0           0           0               0
     1103637579       SFR                               1     2ND       REFI                  Y                             6.375                6.375              685000                685000              12/1/2006             11/1/2036                  3639.06      360   53.52     DC                   2/1/2007        N                1280000                   1          0            3639.06                                                                               20007          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   53.52                        748          28.362     NO-PREPAY                                                       0           0           0               0
     1103637580       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              282000                282000              12/1/2006             11/1/2036                  1586.25      360   51.96     MD                   2/1/2007        N                 575000                   1          0            1586.25                                                                               21044          12/21/2006              2      PF0630I_FIX-INTONLY                              0            542761                                 0   51.96                        691          38.037     NO-PREPAY                                                       0           0           0               0
     1103637581       SFR                               1     OO        REFI                  N                               6.5                  6.5              514000             513358.52              12/1/2006             11/1/2036                  2784.17      360    50.9     CA                   2/1/2007        N                1010000                   1          0            2784.17                                                                               92677          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                            292274   79.83                        705           36.82     NO-PREPAY                                                       0           0           0               0
     1103637582       SFR                               1     OO        REFI                  Y                             6.625                6.625              650000                650000              12/1/2006             11/1/2036                  3588.54      360      50     NY                   2/1/2007        N                1300000                   1          0            3588.54                                                                               11566          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      50                        707          39.037     NO-PREPAY                                                       0           0           0               0
     1103637583       SFR                               1     OO        REFI                  Y                              6.25                 6.25              550000              548997.4              12/1/2006             11/1/2036                  2864.58      360      50     MD                   2/1/2007        N                1100000                   1          0            2864.58                                                                               20817          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0      50                        700          38.621     NO-PREPAY                                                       0           0           0               0
     1103637584       PUD                               1     OO        REFI                  N                             6.875                6.875              850000             849385.43              10/1/2006              9/1/2036                  4869.79      360   48.19     MD                   2/1/2007        N                1764000                   1          0            4869.79                                                                               20905          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                            160000   57.26                        729          40.491     NO-PREPAY                                                       0           0           0               0
     1103637585       PUD                               1     OO        REFI                  N                             6.875                6.875              562000                562000               1/1/2007             12/1/2036                  3219.79      360   46.84     FL                   2/1/2007        N                1200000                   1          0            3219.79                                                                               33076          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   46.84                        694          36.357     NO-PREPAY                                                       0           0           0               0
     1103637586       SFR                               1     OO        REFI                  Y                             6.125                6.125              153500             152976.19              12/1/2006             11/1/2036                   783.49      360    44.5     VA                   2/1/2007        N                 345000                   1          0             783.49                                                                               23192          12/21/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0    44.5                        789          33.886     NO-PREPAY                                                       0           0           0               0
     1103637587       CONDO                             1     OO        REFI                  Y                             6.875                6.875              185500                185490              12/1/2006             11/1/2036                  1062.76      360   39.81     FL                   2/1/2007        N                 466000                   1          0            1062.76                                                                               32922          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   39.81                        729           35.59     NO-PREPAY                                                       0           0           0               0
     1103637588       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              396000             391980.47              12/1/2006             11/1/2021                  3395.39      180      80     IL                   2/1/2007        N                 510000                   1          0            3395.39                                                                               60614          12/21/2006              2      PF1615_FIXEDRATE                                 0            495000                                 0      80                        661           43.19     NO-PREPAY                                                       0           0           0               0
     1103637589       SFR                               1     OO        REFI                  Y                             6.875                6.875              392000             391006.35              12/1/2006             11/1/2036                  2575.16      360      80     NJ                   2/1/2007        N                 490000                   1          0            2575.16                                                                               08886          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                             49000      90                        641           44.94     NO-PREPAY                                                       0           0           0               0
     1103637590       SFR                               1     OO        REFI                  Y                              6.25                 6.25              255600             254868.65              12/1/2006             11/1/2036                  1573.77      360      80     ME                   2/1/2007        N                 319500                   1          0            1573.77                                                                               04062          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                             15975      85                        668          42.586     NO-PREPAY                                                       0           0           0               0
     1103637591       CONDO                             1     OO        REFI                  Y                             6.875                6.875              468000             467211.39               1/1/2007             12/1/2036                  3074.43      360      80     NJ                   2/1/2007        N                 585000                   1          0            3074.43                                                                               07030          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0      80                        645          30.501     NO-PREPAY                                                       0           0           0               0
     1103637592       SFR                               1     OO        REFI                  Y                               6.5                  6.5              515200             514265.99               1/1/2007             12/1/2036                  3256.41      360      80     CA                   2/1/2007        N                 644000                   1          0            3256.41                                                                               95959          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0      80                        640           31.75     NO-PREPAY                                                       0           0           0               0
     1103637593       SFR                               1     OO        REFI                  N                              6.75                 6.75              440000             438857.11              12/1/2006             11/1/2036                  2853.83      360   76.53     CA                   2/1/2007        N                 575000                   1          0            2853.83                                                                               96150          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   76.53                        680           37.95     NO-PREPAY                                                       0           0           0               0
     1103637594       SFR                               1     OO        REFI                  N                                 7                    7              437611             436163.56              11/1/2006             10/1/2036                  2911.44      360   74.43     FL                   2/1/2007        N                 588000                   1          0            2911.44                                                                               34120          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   74.43                        670          40.069     NO-PREPAY                                                       0           0           0               0
     1103637595       SFR                               1     OO        REFI                  Y                               6.5                  6.5              540000             538527.55              12/1/2006             11/1/2036                  3413.17      360      75     NJ                   2/1/2007        N                 720000                   1          0            3413.17                                                                               07663          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0      75                        676           41.35     NO-PREPAY                                                       0           0           0               0
     1103637596       PUD                               1     OO        REFI                  N                               6.5                  6.5              424000             417822.15              12/1/2006             11/1/2036                  2679.97      360   73.74     MD                   2/1/2007        N                 575000                   1          0            2679.97                                                                               21601          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   73.74                        663          35.078     NO-PREPAY                                                       0           0           0               0
     1103637597       SFR                               1     OO        REFI                  Y                             6.875                6.875              270000             269545.04               1/1/2007             12/1/2036                  1773.71      360   72.98     FL                   2/1/2007        N                 370000                   1          0            1773.71                                                                               33410          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   72.98                        669           20.76     NO-PREPAY                                                       0           0           0               0
     1103637598       SFR                               1     OO        REFI                  N                               6.5                  6.5              840000             819114.27              12/1/2006             11/1/2036                  5309.37      360   64.62     NY                   2/1/2007        N                1300000                   1          0            5309.37                                                                               11223          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   64.62                        671           34.28     NO-PREPAY                                                       0           0           0               0
     1103637600       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              827600             825343.35              12/1/2006             11/1/2036                  5230.99      360   63.18     OR                   2/1/2007        N                1350000                   1          0            5230.99                                                                               97231          12/21/2006              1      PF1630_FIXEDRATE                                 0           1310000                            350000    89.9                        645          30.683     NO-PREPAY                                                       0           0           0               0
     1103637601       PUD                               1     OO        REFI                  N                             6.375                6.375             1000000             997206.61              12/1/2006             11/1/2036                   6238.7      360    62.5     NC                   2/1/2007        N                1600000                   1          0             6238.7                                                                               27614          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0    62.5                        678          39.759     NO-PREPAY                                                       0           0           0               0
     1103637602       PUD                               1     OO        REFI                  N                             6.875                6.875              193000             192510.79              12/1/2006             11/1/2036                  1267.87      360   62.26     NV                   2/1/2007        N                 310000                   1          0            1267.87                                                                               89145          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   62.26                        643           36.78     NO-PREPAY                                                       0           0           0               0
     1103637603       PUD                               1     OO        REFI                  Y                             6.875                6.875              365000             363766.39              12/1/2006             11/1/2036                  2397.79      360   60.84     FL                   2/1/2007        N                 600000                   1          0            2397.79                                                                               32934          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   60.84                        666            32.3     NO-PREPAY                                                       0           0           0               0
     1103637604       SFR                               1     OO        REFI                  Y                             6.375                6.375              580000             578379.83              12/1/2006             11/1/2036                  3618.45      360      58     MD                   2/1/2007        N                1000000                   1          0            3618.45                                                                               21210          12/21/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0      58                        677           44.99     NO-PREPAY                                                       0           0           0               0
     1103637605       PUD                               1     OO        REFI                  N                              6.25                 6.25              999000             996141.49              12/1/2006             11/1/2036                  6151.01      360   49.95     OR                   2/1/2007        N                2000000                   1          0            6151.01                                                                               97007          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   49.95                        642          49.081     NO-PREPAY                                                       0           0           0               0
     1103637606       SFR                               1     OO        REFI                  N                             6.625                6.625              510200              507924.3              10/1/2006              9/1/2036                  3266.87      360   44.37     NY                   2/1/2007        N                1150000                   1          0            3266.87                                                                               11746          12/21/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   44.37                        676          29.072     NO-PREPAY                                                       0           0           0               0
     1103637607       PUD                               1     OO        REFI                  N                               6.5                  6.5              270000                270000              12/1/2006             11/1/2036                   1462.5      360      90     CO                   2/1/2007        N                 300000                   1          0             1462.5                                                                               80022          12/21/2006              1      PF1430I_FIX-INTONLY                             25                 0                                 0      90                        688           39.13     NO-PREPAY                                                       0           0           0               0
     1103637608       PUD                               1     OO        PURCHASE              N                             7.125                7.125              103920                103920               1/1/2007             12/1/2036                   617.03      360      80     GA                   2/1/2007        N                 129900                   1          0             617.03                                                                               30121          12/21/2006              2      PF1630I_FIX-INTONLY                              0            129900                                 0      80                        668          27.932     NO-PREPAY                                                       0           0           0               0
     1103637609       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              313040                313040              12/1/2006             11/1/2036                  1695.63      360      80     VA                   2/1/2007        N                 392000                   1          0            1695.63                                                                               23456          12/21/2006              1      PF1630I_FIX-INTONLY                              0            391300                             39130      90                        675          40.202     NO-PREPAY                                                       0           0           0               0
     1103637610       SFR                               1     OO        REFI                  Y                             6.625                6.625              400000                400000              12/1/2006             11/1/2036                  2208.33      360      80     MD                   2/1/2007        N                 500000                   1          0            2208.33                                                                               21074          12/21/2006              1      PF1630I_FIX-INTONLY                              0                 0                             50000      90                        669          43.036     NO-PREPAY                                                       0           0           0               0
     1103637611       SFR                               1     OO        REFI                  Y                             6.625                6.625              166400                166350               1/1/2007             12/1/2036                   918.67      360      80     FL                   2/1/2007        N                 208000                   1          0             918.67                                                                               33714          12/21/2006              1      PF1630I_FIX-INTONLY                              0                 0                                 0      80                        654          33.038     NO-PREPAY                                                       0           0           0               0
     1103637612       SFR                               1     OO        REFI                  N                             6.375                6.375              211000             210999.16              12/1/2006             11/1/2036                  1120.94      360   78.15     NV                   2/1/2007        N                 270000                   1          0            1120.94                                                                               89015          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   78.15                        664          32.511     NO-PREPAY                                                       0           0           0               0
     1103637613       SFR                               1     2ND       REFI                  Y                             6.375                6.375              232663                232663               1/1/2007             12/1/2036                  1236.02      360   78.87     CA                   2/1/2007        N                 295000                   1          0            1236.02                                                                               93277          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   78.87                        667          30.185     NO-PREPAY                                                       0           0           0               0
     1103637614       SFR                               1     OO        REFI                  Y                              6.75                 6.75              281250             281249.64               1/1/2007             12/1/2036                  1582.03      360      75     NC                   2/1/2007        N                 375000                   1          0            1582.03                                                                               28904          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0      75                        669           41.83     NO-PREPAY                                                       0           0           0               0
     1103637615       SFR                               1     OO        REFI                  Y                              6.75                 6.75              167000                167000              12/1/2006             11/1/2036                   939.38      360   70.47     VA                   2/1/2007        N                 237000                   1          0             939.38                                                                               23456          12/21/2006              1      PF1630I_FIX-INTONLY                              0                 0                                 0   70.47                        668           26.87     NO-PREPAY                                                       0           0           0               0
     1103637616       SFR                               1     OO        REFI                  Y                               6.5                  6.5              355000                355000              12/1/2006             11/1/2036                  1922.92      360   61.42     CA                   2/1/2007        N                 578000                   1          0            1922.92                                                                               93010          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   61.42                        666          39.745     NO-PREPAY                                                       0           0           0               0
     1103637617       SFR                               1     OO        REFI                  N                               7.5                  7.5              257850                257850              12/1/2006             11/1/2036                  1611.56      360   60.25     NJ                   2/1/2007        N                 428000                   1          0            1611.56                                                                               07436          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   60.25                        660          30.273     NO-PREPAY                                                       0           0           0               0
     1103637618       PUD                               1     OO        REFI                  Y                              6.75                 6.75              240000                240000               1/1/2007             12/1/2036                     1350      360   26.97     FL                   2/1/2007        N                 890000                   1          0               1350                                                                               33931          12/21/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   26.97                        680           38.42     NO-PREPAY                                                       0           0           0               0
     1103637619       2-4FAMILY                         3     OO        REFI                  N                             6.625                6.625              424000             422871.53              12/1/2006             11/1/2036                  2714.92      360   70.67     NY                   2/1/2007        N                 600000                   1          0            2714.92                                                                               11207          12/21/2006              1      PF2630_FIXEDRATE                                 0                 0                                 0   70.67                        629          37.098     NO-PREPAY                                                       0           0           0               0
     1103637620       SFR                               1     OO        REFI                  N                             6.875                6.875              630000             627323.13              10/1/2006              9/1/2036                  4138.65      360      70     NY                   2/1/2007        N                 900000                   1          0            4138.65                                                                               10562          12/21/2006              1      PF2630_FIXEDRATE                                 0                 0                          96010.93   80.67                        647          50.913     NO-PREPAY                                                       0           0           0               0
     1103637621       PUD                               1     OO        PURCHASE              N                                 6                    6              507000             506999.97              12/1/2006             11/1/2036                     2535      360   79.89     MD                   2/1/2007        N                 641000                   1          0               2535                                                                               20759          12/21/2006              1      PF2630I_FIX-INTONLY                              0            634650                                 0   79.89                        633          35.853     NO-PREPAY                                                       0           0           0               0
     1103637622       CONDO                             1     2ND       REFI                  Y                               7.5                  7.5              220000             219983.36              12/1/2006             11/1/2036                     1375      360   73.83     FL                   2/1/2007        N                 298000                   1          0               1375                                                                               33912          12/21/2006              1      PF2630I_FIX-INTONLY                              0                 0                                 0   73.83                        629          44.833     NO-PREPAY                                                       0           0           0               0
     1103637623       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25               94000              93778.67              12/1/2006             11/1/2036                   641.25      360     100     OH                   2/1/2007        N                  98000                   1          0             641.25                                                                               44133          12/21/2006              1      XF0430_FIXEDRATE                                35             94000                                 0     100                        797           27.34     NO-PREPAY                                                       0           0           0               0
     1103637624       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              295000                295000              12/1/2006             11/1/2036                  1567.19      360     100     VA                   2/1/2007        N                 357000                   1          0            1567.19                                                                               23510          12/21/2006              1      XF0430I_FIX-INTONLY                             35            295000                                 0     100                        762          43.634     NO-PREPAY                                                       0           0           0               0
     1103637625       SFR                               1     OO        PURCHASE              N                               6.5                  6.5               66320              66137.14              12/1/2006             11/1/2036                   419.19      360      80     WA                   2/1/2007        N                  84000                   1          0             419.19                                                                               98902          12/21/2006              1      XF0630_FIXEDRATE                                 0             82900                             16580     100                        738          43.422     NO-PREPAY                                                       0           0           0               0
     1103637626       SFR                               1     OO        PURCHASE              N                             6.375                6.375             1500000            1163550.25               1/1/2007             12/1/2036                  7968.75      360   64.87     MD                   2/1/2007        N                2315000                   1          0            7968.75                                                                               20816          12/21/2006              1      XF0630I_FIX-INTONLY                              0           2312500                            200000   73.52                        759          48.677     NO-PREPAY                                                       0           0           0               0
     1103637627       PUD                               1     OO        REFI                  N                             6.375                6.375              752000             749899.38              12/1/2006             11/1/2036                   4691.5      360      80     CA                   2/1/2007        N                 940000                   1          0             4691.5                                                                               93446          12/21/2006              1      XF1630_FIXEDRATE                                 0                 0                             28200      83                        678          41.019     NO-PREPAY                                                       0           0           0               0
     1103637628       SFR                               1     OO        REFI                  N                               6.5                  6.5              791000             788843.13              12/1/2006             11/1/2036                  4999.66      360    79.9     CA                   2/1/2007        N                 990000                   1          0            4999.66                                                                               93727          12/21/2006              1      XF1630_FIXEDRATE                                 0                 0                                 0    79.9                        678          40.572     NO-PREPAY                                                       0           0           0               0
     1103637629       CONDO                             1     OO        PURCHASE              N                             7.625                7.625              571500                571500              12/1/2006             11/1/2036                  3631.41      360      90     FL                   2/1/2007        N                 680000                   1          0            3631.41                                                                               33160          12/21/2006              1      XF1630I_FIX-INTONLY                             25            635000                                 0      90                        650          31.585     NO-PREPAY                                                       0           0           0               0
     1103637630       D-PUDS                            1     OO        REFI                  N                              5.75                 5.75              490000                490000               2/1/2007              1/1/2037                  2347.92      360   58.34     CA                   2/1/2007        N                 840000                   1          3            2347.92                                                                               92627          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            125000   73.22                        721           48.13     3YR                                         1/1/2012            6           3           1               3
     1103637636       2-4FAMILY                         3     NOO       PURCHASE              N                             12.15                12.15               57375              57277.08               9/1/2006              8/1/2021                    596.8      180      15     CA                   2/1/2007        Y                 382500                   2          0              596.8                                                                               95207          12/15/2006              2      VB0630_BALLOON                                   0            382500                                 0      95                        735           29.92     NO-PREPAY                                                       0           0           0               0
     1103637657       SFR                               1     OO        PURCHASE              N                               5.5                  5.5              261600                261600               1/1/2007             12/1/2036                     1199      360      80     CA                   2/1/2007        N                 370000                   1          3               1199                                                                               92582            1/2/2007              2      PA1605EI_ARM-INTONLY                             0            327000                             65400     100                        665           42.43     1YR                                        12/1/2011            6           3           1               3
     1103637706       SFR                               1     OO        REFI                  N                                 7                    7              496000             495593.43               2/1/2007              1/1/2037                   3299.9      360      80     CA                   2/1/2007        N                 620000                   1          0             3299.9                                                                               92563            1/2/2007              2      PF1630_FIXEDRATE                                 0                 0                            124000     100                        674           47.41     3YR                                                             0           0           0               0
     1103637736       SFR                               1     OO        PURCHASE              N                             6.875                6.875              319900                319900               2/1/2007              1/1/2037                  1832.76      360      80     CA                   2/1/2007        N                 400000                   1          3            1832.76                                                                               91764          12/29/2006             17      PA0605EI_ARM-INTONLY                             0            399900                             80000     100                        724           43.75     3YR                                         1/1/2012            6           3           1               3
     1103637759       CONDO                             1     NOO       PURCHASE              N                             7.125                7.125              211400                211400               2/1/2007              1/1/2037                  1255.19      360      75     OR                   2/1/2007        N                 281900                   1          0            1255.19                                                                               97070          12/26/2006              2      PF0630I_FIX-INTONLY                              0            281900                             56400      95                        680            46.5     1YR                                                             0           0           0               0
     1103637769       CONDO                             1     NOO       PURCHASE              N                             12.99                12.99               56400              56387.07               2/1/2007              1/1/2022                   623.46      180   20.01     OR                   2/1/2007        Y                 281900                   2          0             623.46                                                                               97070          12/26/2006              2      TB0630_BALLOON                                   0            281900                                 0      95                        680            46.5     1YR                                                             0           0           0               0
     1103637790       SFR                               1     OO        REFI                  N                              6.75                 6.75              715000                715000               1/1/2007             12/1/2036                  4021.88      360   76.07     CA                   2/1/2007        N                 940000                   1        2.5            4021.88                                                                               90815          12/22/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   76.07                        679           35.45     3YR                                        12/1/2011            6           3           1             2.5
     1103637803       D-PUDS                            1     OO        PURCHASE              N                             6.875                6.875              133125                132733               2/1/2007              1/1/2037                    762.7      360      75     TX                   2/1/2007        N                 187000                   1          0              762.7                                                                               76123          12/22/2006             12      SF0630I_FIX-INTONLY                              0            177500                                 0      75                        700               0     1YR                                                             0           0           0               0
     1103637814       SFR                               1     OO        PURCHASE              N                              11.5                 11.5               64250              64208.74               1/1/2007             12/1/2021                   636.26      180      20     FL                   2/1/2007        Y                 350120                   2          0             636.26                                                                               34787          12/14/2006              2      TB1630_BALLOON                                   0            321265                                 0     100                        672           41.39     NO-PREPAY                                                       0           0           0               0
     1103637816       SFR                               1     OO        PURCHASE              N                             11.75                11.75               43800              43734.38              12/1/2006             11/1/2021                   442.12      180      20     KS                   2/1/2007        Y                 230000                   2          0             442.12                                                                               66210          12/14/2006              2      TB1630_BALLOON                                   0            219000                                 0     100                        668           30.88     NO-PREPAY                                                       0           0           0               0
     1103637817       SFR                               1     OO        PURCHASE              N                                11                   11               96400              96330.94               1/1/2007             12/1/2021                   918.04      180      20     CA                   2/1/2007        Y                 483000                   2          0             918.04                                                                               90606          12/14/2006              2      TB1630_BALLOON                                   0            482000                                 0     100                        655           35.35     3YR                                                             0           0           0               0
     1103637866       CONDO                             1     NOO       PURCHASE              N                                13                   13              126500                126500              11/1/2006             10/1/2021                  1370.42      180      25     FL                   2/1/2007        Y                 506000                   2          0            1370.42                                                                               33401          11/30/2006              2      TB0630I_BALLOON-INTONLY                          0            506000                                 0      95                        706           38.63     1YR                                                             0           0           0               0
     1103637867       SFR                               1     NOO       PURCHASE              N                             13.25                13.25               77000              76932.32              11/1/2006             10/1/2021                   866.85      180      20     FL                   2/1/2007        Y                 385000                   2          0             866.85                                                                               34667          11/30/2006             12      UB0330_BALLOON                                   0            385000                                 0      90                        733               0     2YR                                                             0           0           0               0
     1103637873       D-PUDS                            1     OO        PURCHASE              N                                 6                    6              336958                336958               2/1/2007              1/1/2037                  1684.79      360      80     CA                   2/1/2007        N                 421200                   1          3            1684.79                                                                               92223          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            421197                             84239     100                        732           43.81     1YR                                         1/1/2012            6           3           1               3
     1103637960       SFR                               1     NOO       REFI                  Y                               7.6                  7.6              252000                252000               1/1/2007             12/1/2036                     1596      360      70     CA                   2/1/2007        N                 360000                   1          3               1596                                                                               93535          12/19/2006             17      PA1605EI_ARM-INTONLY                             0                 0                             72000      90                        658           42.54     1YR                                        12/1/2011            6           3           1               3
     1103637961       D-PUDS                            1     OO        PURCHASE              N                             6.875                6.875              144750                144750               2/1/2007              1/1/2037                    829.3      360      75     TX                   2/1/2007        N                 196000                   1          0              829.3                                                                               76123            1/4/2007             15      SF0630I_FIX-INTONLY                              0            193000                                 0      75                        716               0     1YR                                                             0           0           0               0
     1103637966       SFR                               1     OO        PURCHASE              N                             8.375                8.375              232750             232605.33               2/1/2007              1/1/2037                  1769.07      360      95     NJ                   2/1/2007        N                 245000                   1      4.125            1769.07                                                                               08879          12/29/2006             12      EA0605E_ARM                                     30            245000                                 0      95                        700               0     NO-PREPAY                                   1/1/2012            6           3           1           4.125
     1103637985       CONDO                             1     OO        REFI                  Y                              6.75                 6.75              344000                344000               2/1/2007              1/1/2037                     1935      360      80     CA                   2/1/2007        N                 430000                   1          3               1935                                                                               90813            1/3/2007              2      PA0605EI_ARM-INTONLY                             0                 0                             86000     100                        687           41.46     3YR                                         1/1/2012            6           3           1               3
     1103637989       D-PUDS                            1     OO        PURCHASE              N                              6.99                 6.99              336000                336000               2/1/2007              1/1/2037                   1957.2      360      80     CA                   2/1/2007        N                 444000                   1          3             1957.2                                                                               93610          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            420000                             84000     100                        681           46.51     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103638006       SFR                               1     OO        REFI                  Y                              6.75                 6.75              413000                413000               2/1/2007              1/1/2037                  2323.13      360   79.43     CA                   2/1/2007        N                 520000                   1          0            2323.13                                                                               92879          12/29/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   79.43                        754           36.54     3YR                                                             0           0           0               0
     1103638014       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              336000                336000              12/1/2006             11/1/2036                     2100      360      80     CA                   2/1/2007        N                 425000                   1       2.75               2100                                                                               91766          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            420000                             84000     100                        643           42.91     NO-PREPAY                                  11/1/2011            6           3           1             7.5
     1103638015       SFR                               1     NOO       PURCHASE              N                             8.125                8.125              208000                208000               1/1/2007             12/1/2036                  1408.33      360      80     MD                   2/1/2007        N                 325000                   1       2.75            1408.33                                                                               21230          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            260000                             39000      95                        674            30.8     NO-PREPAY                                  12/1/2011            6           3           1           8.125
     1103638016       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              268000                268000              12/1/2006             11/1/2036                   1507.5      360      80     CA                   2/1/2007        N                 335000                   1       2.75             1507.5                                                                               92557          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            335000                             50250      95                        662           38.92     3YR                                        11/1/2011            6           3           1            6.75
     1103638017       SFR                               1     OO        PURCHASE              N                             6.625                6.625              156000                156000               1/1/2007             12/1/2036                   861.25      360      80     CA                   2/1/2007        N                 210000                   1       2.75             861.25                                                                               92277          12/20/2006              2      XA0610DI_ARM-INTONLY                             0            195000                             39000     100                        721           43.31     3YR                                        12/1/2016            6           5           1           6.625
     1103638018       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              121200             121019.54               1/1/2007             12/1/2036                   847.45      360      80     TX                   2/1/2007        N                 152000                   1       2.75             847.45                                                                               77082          12/20/2006              2      PA1605E_ARM                                      0            151500                             30300     100                        673           17.94     1YR                                        12/1/2011            6           3           1             7.5
     1103638019       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              175000             174726.14               1/1/2007             12/1/2036                  1193.81      360   53.85     CA                   2/1/2007        N                 325000                   1       2.75            1193.81                                                                               90222          12/20/2006              2      BA3210D_ARM                                      0                 0                                 0   53.85                        601           23.43     3YR                                        12/1/2016            6           5           1            7.25
     1103638020       SFR                               1     NOO       REFI                  Y                             7.125                7.125              160000                160000               1/1/2007             12/1/2036                      950      360   69.57     CA                   2/1/2007        N                 230000                   1       2.75                950                                                                               93702          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   69.57                        705           22.08     3YR                                        12/1/2011            6           3           1           7.125
     1103638021       SFR                               1     NOO       PURCHASE              N                               9.5                  9.5               61224                 61224               1/1/2007             12/1/2036                   484.69      360      80     TN                   2/1/2007        N                  80000                   1       2.75             484.69                                                                               37914            1/5/2007              8      XA1605EI_ARM-INTONLY                             0             76531                             11479      95                        707               0     3YR                                        12/1/2011            6           3           1             9.5
     1103638022       PUD                               1     OO        REFI                  Y                             6.875                6.875              649000                649000               1/1/2007             12/1/2036                  3718.23      360   74.18     FL                   2/1/2007        N                 875000                   1       2.75            3718.23                                                                               34119          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.18                        705           42.32     3YR                                        12/1/2011            6           3           1            2.75
     1103638023       2-4FAMILY                         2     OO        PURCHASE              N                             7.125                7.125              440000                440000               1/1/2007             12/1/2036                   2612.5      360      80     CA                   2/1/2007        N                 550000                   1       2.75             2612.5                                                                               90061          12/20/2006              8      SA1605EI_ARM-INTONLY                             0            550000                            110000     100                        702               0     3YR                                        12/1/2011            6           3           1           7.125
     1103638024       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              524000                524000               1/1/2007             12/1/2036                  3384.17      360      80     CA                   2/1/2007        N                 655000                   1       2.75            3384.17                                                                               92591          12/20/2006              8      SA1605EI_ARM-INTONLY                             0            655000                            131000     100                        745               0     1YR                                        12/1/2011            6           3           1            7.75
     1103638025       SFR                               1     OO        PURCHASE              N                             6.875                6.875              223200             223160.11               1/1/2007             12/1/2036                  1278.75      360      80     MN                   2/1/2007        N                 280000                   1       2.75            1278.75                                                                               55303          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            279000                             55000   99.72                        675           36.31     3YR                                        12/1/2011            6           3           1           6.875
     1103638026       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              124000                124000               1/1/2007             12/1/2036                   813.75      360      80     CA                   2/1/2007        N                 160000                   1      7.875             813.75                                                                               93523          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            155000                             23250      95                        689           35.25     3YR                                        12/1/2011            6           3           1           7.875
     1103638028       2-4FAMILY                         3     OO        PURCHASE              N                             7.375                7.375              386400             385810.15               1/1/2007             12/1/2036                  2668.77      360      80     MA                   2/1/2007        N                 492000                   1       2.75            2668.77                                                                               02122          12/20/2006              1      BA1605E_ARM                                      0            483000                             96600     100                        661           39.23     NO-PREPAY                                  12/1/2011            6           3           1           7.375
     1103638029       PUD                               1     OO        REFI                  Y                              6.75                 6.75              187500                187500               1/1/2007             12/1/2036                  1054.69      360   79.45     FL                   2/1/2007        N                 236000                   1       2.75            1054.69                                                                               33838          12/20/2006              8      SA1605EI_ARM-INTONLY                             0                 0                                 0   79.45                        751               0     3YR                                        12/1/2011            6           3           1            6.75
     1103638032       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              760000                760000               1/1/2007             12/1/2036                  4908.33      360      80     CA                   2/1/2007        N                1205000                   1       2.75            4908.33                                                                               90712          12/20/2006              8      XA2605EI_ARM-INTONLY                             0            950000                            190000     100                        664               0     NO-PREPAY                                  12/1/2011            6           3           1            7.75
     1103638033       SFR                               1     OO        PURCHASE              N                             7.125                7.125              292000             291531.59               1/1/2007             12/1/2036                  1967.26      360      80     CA                   2/1/2007        N                 387000                   1       2.75            1967.26                                                                               92376          12/20/2006              2      PA1605E_ARM                                      0            365000                             36500      90                        656           30.97     3YR                                        12/1/2011            6           3           1           7.125
     1103638034       CONDO                             1     NOO       PURCHASE              N                              8.25                 8.25              147526                147526               1/1/2007             12/1/2036                  1014.24      360      80     FL                   2/1/2007        N                 187000                   1       2.75            1014.24                                                                               24747          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            184408                             27661      95                        702           31.51     3YR                                        12/1/2011            6           3           1            2.75
     1103638035       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              348000                348000               1/1/2007             12/1/2036                   1957.5      360      80     CA                   2/1/2007        N                 560000                   1       2.75             1957.5                                                                               92563          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            435000                             87000     100                        765           36.47     3YR                                        12/1/2011            6           3           1            2.75
     1103638036       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              364000                364000               1/1/2007             12/1/2036                     2275      360      80     CA                   2/1/2007        N                 455000                   1       2.75               2275                                                                               90640          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            455000                             91000     100                        654           40.96     3YR                                        12/1/2011            6           3           1            2.75
     1103638037       SFR                               1     NOO       REFI                  Y                             8.375                8.375               88000                 88000               1/1/2007             12/1/2036                   614.17      360      80     IL                   2/1/2007        N                 110000                   1       2.75             614.17                                                                               60426            1/5/2007              2      PA1605EI_ARM-INTONLY                             0                 0                             16500      95                        678           26.47     NO-PREPAY                                  12/1/2011            6           3           1           8.375
     1103638038       SFR                               1     OO        PURCHASE              N                             7.125                7.125              425600                425600               1/1/2007             12/1/2036                     2527      360      80     CA                   2/1/2007        N                 545000                   1       2.75               2527                                                                               92027          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            532000                            106400     100                        661           40.37     3YR                                        12/1/2011            6           3           1           7.125
     1103638039       PUD                               1     NOO       PURCHASE              N                              8.75                 8.75              281996                281996               1/1/2007             12/1/2036                  2056.22      360      80     CO                   2/1/2007        N                 360000                   1       2.75            2056.22                                                                               80134          12/20/2006              8      SA1605EI_ARM-INTONLY                             0            352496                             52875      95                        688               0     3YR                                        12/1/2011            6           3           1            8.75
     1103638040       CONDO                             1     OO        PURCHASE              N                              7.99                 7.99              261592                261592               1/1/2007             12/1/2036                  1741.77      360      80     CA                   2/1/2007        N                 327000                   1       2.75            1741.77                                                                               92019          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            326990                             65398     100                        652            48.6     NO-PREPAY                                  12/1/2011            6           3           1            7.99
     1103638041       SFR                               1     OO        PURCHASE              N                              7.99                 7.99              432000                432000               1/1/2007             12/1/2036                   2876.4      360      80     CA                   2/1/2007        N                 540000                   1       2.75             2876.4                                                                               93551          12/20/2006              8      SA2605EI_ARM-INTONLY                             0            540000                            108000     100                        672               0     1YR                                        12/1/2011            6           3           1            7.99
     1103638042       2-4FAMILY                         4     OO        PURCHASE              N                             7.875                7.875              692000                692000               1/1/2007             12/1/2036                  4541.25      360      80     CA                   2/1/2007        N                 883000                   1       2.75            4541.25                                                                               90045          12/20/2006              8      XA1605EI_ARM-INTONLY                             0            865000                            173000     100                        753               0     1YR                                        12/1/2011            6           3           1           7.875
     1103638043       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              352000                352000               1/1/2007             12/1/2036                   2050.4      360      80     CA                   2/1/2007        N                 460000                   1       2.75             2050.4                                                                               91702          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            440000                             88000     100                        656           40.85     3YR                                        12/1/2011            6           3           1            6.99
     1103638044       SFR                               1     OO        REFI                  Y                              6.99                 6.99              368000                368000               1/1/2007             12/1/2036                   2143.6      360      80     CA                   2/1/2007        N                 460000                   1       2.75             2143.6                                                                               92113          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             83000   98.05                        649           41.72     3YR                                        12/1/2011            6           3           1            6.99
     1103638047       2-4FAMILY                         3     NOO       REFI                  Y                                 7                    7              220000                220000               1/1/2007             12/1/2036                  1283.33      360   75.87     CT                   2/1/2007        N                 290000                   1       2.75            1283.33                                                                               06418          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   75.87                        720           33.89     3YR                                        12/1/2011            6           3           1               7
     1103638048       SFR                               1     NOO       PURCHASE              N                             6.625                6.625            202310.4             201952.43               1/1/2007             12/1/2036                  1295.42      360      80     FL                   2/1/2007        N                 254000                   1       2.75            1295.42                                                                               33024          12/20/2006             12      XA1605E_ARM                                      0            252888                                 0      80                        739               0     3YR                                        12/1/2011            6           3           1           6.625
     1103638049       2-4FAMILY                         3     OO        PURCHASE              N                             7.625                7.625              416000                416000              12/1/2006             11/1/2036                  2643.33      360      80     CA                   2/1/2007        N                 540000                   1       2.75            2643.33                                                                               90744          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            520000                            104000     100                        685           43.39     NO-PREPAY                                  11/1/2011            6           3           1           7.625
     1103638051       2-4FAMILY                         4     OO        PURCHASE              N                             8.375                8.375              560000                560000              12/1/2006             11/1/2036                  3908.33      360      80     CA                   2/1/2007        N                 700000                   1       2.75            3908.33                                                                               90255          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            700000                            140000     100                        669           44.35     NO-PREPAY                                  11/1/2011            6           3           1           8.375
     1103638052       PUD                               1     OO        PURCHASE              N                             6.625                6.625              367920                367920              12/1/2006             11/1/2036                  2031.23      360      80     CA                   2/1/2007        N                 475000                   1       2.75            2031.23                                                                               92595          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            459900                             91980     100                        721           49.51     3YR                                        11/1/2011            6           3           1           6.625
     1103638054       SFR                               1     OO        PURCHASE              N                             7.375                7.375              384000                384000               1/1/2007             12/1/2036                     2360      360      80     CA                   2/1/2007        N                 481000                   1       2.75               2360                                                                               91307          12/20/2006              8      SA2605EI_ARM-INTONLY                             0            480000                             96000     100                        661               0     NO-PREPAY                                  12/1/2011            6           3           1           7.375
     1103638055       CONDO                             1     OO        REFI                  Y                             7.375                7.375              189600                189600               1/1/2007             12/1/2036                  1165.25      360      80     WA                   2/1/2007        N                 237000                   1       2.75            1165.25                                                                               98034          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             47400     100                        679           27.61     1YR                                        12/1/2011            6           3           1           7.375
     1103638056       SFR                               1     OO        REFI                  Y                              6.99                 6.99              220000                220000              12/1/2006             11/1/2036                   1281.5      360      80     CA                   2/1/2007        N                 275000                   1       2.75             1281.5                                                                               93304          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             41250      95                        720            43.2     NO-PREPAY                                  11/1/2011            6           3           1            6.99
     1103638057       SFR                               1     OO        REFI                  Y                               6.5                  6.5              264000                264000               1/1/2007             12/1/2036                     1430      360      80     CA                   2/1/2007        N                 330000                   1       2.75               1430                                                                               95822          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             66000     100                        653            37.1     3YR                                        12/1/2011            6           3           1             6.5
     1103638058       2-4FAMILY                         3     OO        PURCHASE              N                                 7                    7              560000                560000              12/1/2006             11/1/2036                  3266.67      360      80     CA                   2/1/2007        N                 700000                   1       2.75            3266.67                                                                               90805          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            700000                            140000     100                        712           45.82     3YR                                        11/1/2011            6           3           1               7
     1103638061       PUD                               1     NOO       REFI                  Y                             7.875                7.875              197600                197600               1/1/2007             12/1/2036                  1296.75      360      80     CA                   2/1/2007        N                 247000                   1       2.75            1296.75                                                                               92408          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             37050      95                        666           17.43     3YR                                        12/1/2011            6           3           1           7.875
     1103638062       2-4FAMILY                         3     OO        PURCHASE              N                             7.125                7.125              428000                428000               1/1/2007             12/1/2036                  2541.25      360      80     CA                   2/1/2007        N                 615000                   1       2.75            2541.25                                                                               90731          12/20/2006              8      SA1605EI_ARM-INTONLY                             0            535000                            107000     100                        701               0     3YR                                        12/1/2011            6           3           1           7.125
     1103638063       SFR                               1     OO        REFI                  Y                             6.875                6.875              168000             167999.63               1/1/2007             12/1/2036                    962.5      360      80     NE                   2/1/2007        N                 210000                   1       2.75              962.5                                                                               68138          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             42000     100                        677           38.55     3YR                                        12/1/2011            6           3           1           6.875
     1103638064       SFR                               1     OO        REFI                  N                               7.5                  7.5              190000                190000              12/1/2006             11/1/2036                   1187.5      360      80     CA                   2/1/2007        N                 237500                   1       2.75             1187.5                                                                               93308          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             23750      90                        654           44.17     3YR                                        11/1/2011            6           3           1             7.5
     1103638065       SFR                               1     NOO       REFI                  Y                             7.375                7.375              191100             191071.29               1/1/2007             12/1/2036                  1174.47      360      65     MD                   2/1/2007        N                 294000                   1       2.75            1174.47                                                                               21224          12/20/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      65                        715           24.74     3YR                                        12/1/2011            6           3           1           7.375
     1103638084       CONDO                             1     NOO       PURCHASE              N                             6.625                6.625              153750                153750               2/1/2007              1/1/2037                   848.83      360      75     CA                   2/1/2007        N                 233000                   1          3             848.83                                                                               92064          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            205000                             41000      95                        725           44.81     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103638087       CONDO                             1     NOO       PURCHASE              N                             12.75                12.75               41000              40990.09               2/1/2007              1/1/2022                   445.54      180      20     CA                   2/1/2007        Y                 233000                   2          0             445.54                                                                               92064          12/22/2006              2      TB0630_BALLOON                                   0            205000                                 0      95                        725           44.81     NO-PREPAY                                                       0           0           0               0
     1103638138       SFR                               1     OO        REFI                  Y                             6.375                6.375              479500             478163.35              12/1/2006             11/1/2036                  2991.46      360      70     CA                   2/1/2007        N                 685000                   1       2.25            2991.46                                                                               94044          12/12/2006              1      XA0605D_ARM                                      0                 0                                 0      70                        732           42.86     1YR                                        11/1/2011            5           5           2            2.25
     1103638139       SFR                               1     OO        REFI                  Y                              5.75                 5.75              121550             121538.62              12/1/2006             11/1/2036                   582.43      360   67.53     AZ                   2/1/2007        N                 180000                   1       2.25             582.43                                                                               85033           12/6/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   67.53                        691           44.67     1YR                                        11/1/2011            5           5           2            2.25
     1103638140       PUD                               1     OO        REFI                  Y                                 6                    6              190000                190000              12/1/2006             11/1/2036                      950      360   49.36     AZ                   2/1/2007        N                 385000                   1       2.25                950                                                                               85296           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   49.36                        761           20.69     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103638141       SFR                               1     OO        REFI                  Y                                 6                    6              350000                350000               1/1/2007             12/1/2036                     1750      360    40.7     CA                   2/1/2007        N                 860000                   1       2.25               1750                                                                               94542          12/12/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0    40.7                        791            21.6     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638142       SFR                               1     OO        REFI                  Y                               6.5                  6.5              375000                375000               1/1/2007             12/1/2036                  2031.25      360      75     CA                   2/1/2007        N                 500000                   1       2.25            2031.25                                                                               94520           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             70000      89                        747           43.66     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638143       SFR                               1     OO        REFI                  Y                               6.5                  6.5              315000                315000               1/1/2007             12/1/2036                  1706.25      360   72.09     VA                   2/1/2007        N                 437000                   1       2.25            1706.25                                                                               22150           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   72.09                        793              35     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638145       SFR                               1     OO        REFI                  Y                             6.875                6.875              380000                380000               1/1/2007             12/1/2036                  2177.08      360   79.17     CA                   2/1/2007        N                 480000                   1       3.25            2177.08                                                                               92071           12/6/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             48000   89.17                        666           36.09     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638146       PUD                               1     OO        REFI                  N                               6.5                  6.5              508000                508000               1/1/2007             12/1/2036                  2751.67      360      80     CA                   2/1/2007        N                 635000                   1       3.25            2751.67                                                                               92154           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                            127000     100                        713            41.4     3YR                                        12/1/2011            5           5           2            3.25
     1103638147       SFR                               1     OO        REFI                  Y                             6.875                6.875              368000                368000               1/1/2007             12/1/2036                  2108.33      360   75.88     CA                   2/1/2007        N                 485000                   1       3.25            2108.33                                                                               95407           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             45000   85.16                        686           49.78     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638148       SFR                               1     OO        PURCHASE              N                             6.375                6.375              394400                394400               1/1/2007             12/1/2036                  2095.25      360      80     CA                   2/1/2007        N                 493000                   1       3.25            2095.25                                                                               95405           12/6/2006              8      XA0605DI_ARM-INTONLY                             0            493000                             98600     100                        705               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638149       SFR                               1     OO        REFI                  Y                             6.375                6.375              956000                956000               1/1/2007             12/1/2036                  5078.75      360   48.41     CA                   2/1/2007        N                1975000                   1       3.25            5078.75                                                                               92008          12/12/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0   48.41                        670               0     1YR                                        12/1/2011            5           5           2            3.25
     1103638150       CONDO                             1     OO        REFI                  Y                              6.75                 6.75              145000             144999.99               1/1/2007             12/1/2036                   815.63      360   73.24     AZ                   2/1/2007        N                 198000                   1       3.25             815.63                                                                               85209           12/6/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   73.24                        738               0     3YR                                        12/1/2011            5           5           2            3.25
     1103638151       SFR                               1     OO        REFI                  Y                             6.625                6.625              417000             416994.12              12/1/2006             11/1/2036                  2302.19      360   77.95     CA                   2/1/2007        N                 535000                   1       3.25            2302.19                                                                               92119           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             99992   96.64                        724           40.05     3YR                                        11/1/2011            5           5           2            3.25
     1103638153       SFR                               1     OO        PURCHASE              N                             6.625                6.625              506000             505993.54               1/1/2007             12/1/2036                  2793.54      360      80     CA                   2/1/2007        N                 650000                   1       3.25            2793.54                                                                               90028          12/12/2006              2      XA0605DI_ARM-INTONLY                             0            632500                            126500     100                        724           44.05     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638154       PUD                               1     OO        PURCHASE              N                             6.375                6.375              575200                575200               1/1/2007             12/1/2036                  3055.75      360      80     CA                   2/1/2007        N                 719000                   1       3.25            3055.75                                                                               92253           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            719000                            143800     100                        704           43.85     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638155       PUD                               1     OO        PURCHASE              N                             6.375                6.375              255900                255900               1/1/2007             12/1/2036                  1359.47      360      80     AZ                   2/1/2007        N                 334000                   1       3.25            1359.47                                                                               85297           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            319900                             64012     100                        744           36.69     3YR                                        12/1/2011            5           5           2            3.25
     1103638157       SFR                               1     OO        REFI                  Y                             6.625                6.625              224000                224000               1/1/2007             12/1/2036                  1236.67      360      80     NH                   2/1/2007        N                 280000                   1       3.25            1236.67                                                                               03833          12/12/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             56000     100                        681              40     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638158       SFR                               1     OO        PURCHASE              N                             6.625                6.625              278120                278120               1/1/2007             12/1/2036                  1535.45      360      80     MA                   2/1/2007        N                 355000                   1       3.25            1535.45                                                                               01701           12/6/2006              8      XA0605DI_ARM-INTONLY                             0            347650                             69530     100                        749               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638159       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              176000                176000              12/1/2006             11/1/2036                      935      360      80     AZ                   2/1/2007        N                 220000                   1       3.25                935                                                                               85233           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            220000                             44000     100                        734           41.71     3YR                                        11/1/2011            5           5           2            3.25
     1103638161       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              261600                261600               1/1/2007             12/1/2036                  1498.75      360      80     MA                   2/1/2007        N                 330000                   1       3.25            1498.75                                                                               02124           12/6/2006              8      XA0605DI_ARM-INTONLY                             0            327000                             65400     100                        745               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638162       SFR                               1     OO        REFI                  N                             6.625                6.625              384000                384000               1/1/2007             12/1/2036                     2120      360      80     CA                   2/1/2007        N                 480000                   1       3.25               2120                                                                               94533          12/12/2006              8      XA0605DI_ARM-INTONLY                             0                 0                             48000      90                        702               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638163       SFR                               1     OO        REFI                  N                             6.375                6.375              592000                592000              12/1/2006             11/1/2036                     3145      360      80     CA                   2/1/2007        N                 740000                   1       3.25               3145                                                                               94558           12/6/2006              8      XA0605DI_ARM-INTONLY                             0                 0                            127946   97.29                        753               0     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103638164       SFR                               1     OO        REFI                  Y                             6.625                6.625              406000                406000               1/1/2007             12/1/2036                  2241.46      360      70     MD                   2/1/2007        N                 580000                   1       3.25            2241.46                                                                               20910           12/6/2006              8      XA1605DI_ARM-INTONLY                             0                 0                            116000      90                        675               0     1YR                                        12/1/2011            5           5           2            3.25
     1103638165       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              164000                164000              12/1/2006             11/1/2036                    922.5      360      80     NH                   2/1/2007        N                 215000                   1       3.25              922.5                                                                               03109           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            205000                             41000     100                        727           49.96     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103638166       CONDO                             1     NOO       REFI                  N                             6.375                6.375              214500                214500               1/1/2007             12/1/2036                  1139.53      360      65     CA                   2/1/2007        N                 330000                   1       3.25            1139.53                                                                               90717          12/12/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      65                        755              50     3YR                                        12/1/2011            5           5           2            3.25
     1103638167       PUD                               1     OO        PURCHASE              N                             6.375                6.375              179100                179100               1/1/2007             12/1/2036                   951.47      360      80     AZ                   2/1/2007        N                 234000                   1       3.25             951.47                                                                               85381           12/6/2006              8      XA0605DI_ARM-INTONLY                             0            223900                             44802     100                        713               0     3YR                                        12/1/2011            5           5           2            3.25
     1103638169       TOWNHOUSE                         1     OO        PURCHASE              N                             6.375                6.375              360000                360000               1/1/2007             12/1/2036                   1912.5      360      80     VA                   2/1/2007        N                 460000                   1       3.25             1912.5                                                                               20105          12/12/2006              2      XA0605DI_ARM-INTONLY                             0            450000                             90000     100                        698              40     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638170       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              456000                456000               1/1/2007             12/1/2036                     2470      360      80     CA                   2/1/2007        N                 575000                   1       3.25               2470                                                                               92127           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            570000                            114000     100                        736           38.24     3YR                                        12/1/2011            5           5           2            3.25
     1103638171       SFR                               1     OO        REFI                  N                              6.75                 6.75              637500                637500               1/1/2007             12/1/2036                  3585.94      360      75     CT                   2/1/2007        N                 850000                   1       3.25            3585.94                                                                               06405           12/6/2006              2      XA1605DI_ARM-INTONLY                             0                 0                            127500      90                        659           42.03     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638172       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              315000                315000               1/1/2007             12/1/2036                  1706.25      360    52.5     CA                   2/1/2007        N                 600000                   1       3.25            1706.25                                                                               95492           12/6/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0    52.5                        713               0     1YR                                        12/1/2011            5           5           2            3.25
     1103638173       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              161600                161600              12/1/2006             11/1/2036                      909      360      80     MA                   2/1/2007        N                 205000                   1       3.25                909                                                                               01702           12/6/2006              8      XA0605DI_ARM-INTONLY                             0            202000                             40400     100                        741               0     NO-PREPAY                                  11/1/2011            5           5           2            3.25
     1103638174       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              177500                177500              12/1/2006             11/1/2036                   998.44      360   72.45     AZ                   2/1/2007        N                 245000                   1       3.25             998.44                                                                               85208           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   72.45                        751           42.94     3YR                                        11/1/2011            5           5           2            3.25
     1103638179       CONDO                             1     OO        REFI                  N                               6.5                  6.5              341600                341600               1/1/2007             12/1/2036                  1850.33      360      80     CA                   2/1/2007        N                 427000                   1       3.25            1850.33                                                                               91913           12/6/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             85400     100                        703           42.98     1YR                                        12/1/2011            5           5           2            3.25
     1103638180       PUD                               1     OO        PURCHASE              N                             6.125                6.125              304000                304000               1/1/2007             12/1/2036                  1551.67      360      80     CA                   2/1/2007        N                 399000                   1       3.25            1551.67                                                                               95677           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            380000                             76000     100                        750           43.65     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638181       HI-RISE                           1     OO        PURCHASE              N                              6.25                 6.25              312800                312800               1/1/2007             12/1/2036                  1629.17      360      80     CA                   2/1/2007        N                 391000                   1       3.25            1629.17                                                                               94706           12/6/2006              2      XA0605DI_ARM-INTONLY                             0            391000                             78200     100                        743           41.42     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103638202       SFR                               1     OO        REFI                  Y                               6.5                  6.5              510000                510000              12/1/2006             11/1/2036                   2762.5      360      75     CA                   2/1/2007        N                 680000                   1       2.25             2762.5                                                                               92624          12/21/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        694           38.93     3YR                                        11/1/2011            6           6           2            2.25
     1103638203       SFR                               1     OO        REFI                  N                               6.5                  6.5              255200                255200              12/1/2006             11/1/2036                  1382.33      360   79.75     NV                   2/1/2007        N                 320000                   1       2.25            1382.33                                                                               89156          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             63800   99.69                        732           38.57     3YR                                        11/1/2011            6           6           2            2.25
     1103638205       SFR                               1     OO        REFI                  Y                             6.625                6.625              355000             354371.86              12/1/2006             11/1/2036                   1959.9      360   63.97     CA                   2/1/2007        N                 555000                   1       2.25             1959.9                                                                               90280          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   63.97                        714           40.59     3YR                                        11/1/2011            6           6           2            2.25
     1103638206       PUD                               1     OO        PURCHASE              N                             6.625                6.625              360400                360400              12/1/2006             11/1/2036                  1989.71      360   79.99     CA                   2/1/2007        N                 451000                   1       2.25            1989.71                                                                               92530          12/21/2006              8      SA0605EI_ARM-INTONLY                             0            450579                             22529   84.99                        716               0     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638207       SFR                               1     OO        PURCHASE              N                             6.625                6.625              440000                440000              12/1/2006             11/1/2036                  2429.17      360      80     MD                   2/1/2007        N                 600000                   1       2.25            2429.17                                                                               21037          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            550000                            110000     100                        700           42.48     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638208       SFR                               1     OO        PURCHASE              N                             6.625                6.625              212000                212000              12/1/2006             11/1/2036                  1170.42      360      80     MD                   2/1/2007        N                 265000                   1       2.25            1170.42                                                                               21227          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            265000                             53000     100                        725            30.4     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638209       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              384000             383002.55              12/1/2006             11/1/2036                  2490.62      360      80     CA                   2/1/2007        N                 485000                   1       2.25            2490.62                                                                               92592          12/21/2006              8      SA0605E_ARM                                      0            480000                             96000     100                        746               0     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638210       SFR                               1     OO        REFI                  Y                              6.75                 6.75              320000                320000              12/1/2006             11/1/2036                     1800      360      80     CA                   2/1/2007        N                 400000                   1       2.25               1800                                                                               91767          12/21/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        705           48.83     3YR                                        11/1/2011            6           6           2            2.25
     1103638211       SFR                               1     OO        REFI                  Y                              6.75                 6.75              356000                356000              12/1/2006             11/1/2036                   2002.5      360      80     CA                   2/1/2007        N                 445000                   1       2.25             2002.5                                                                               93550          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             22250      85                        645            41.5     3YR                                        11/1/2011            6           6           2            2.25
     1103638212       PUD                               1     OO        REFI                  N                              6.75                 6.75              400000                400000              12/1/2006             11/1/2036                     2250      360   66.67     AZ                   2/1/2007        N                 600000                   1       2.25               2250                                                                               85340          12/21/2006             17      PA0605EI_ARM-INTONLY                             0                 0                            125021   87.51                        719           36.46     3YR                                        11/1/2011            6           6           2            2.25
     1103638213       PUD                               1     OO        REFI                  Y                              6.75                 6.75              500000                500000              12/1/2006             11/1/2036                   2812.5      360      80     NV                   2/1/2007        N                 625000                   1       2.25             2812.5                                                                               89434          12/21/2006              1      PA0605EI_ARM-INTONLY                             0                 0                            125000     100                        689           45.38     3YR                                        11/1/2011            6           6           2            2.25
     1103638214       SFR                               1     NOO       REFI                  Y                              6.75                 6.75               50000                 50000              12/1/2006             11/1/2036                   281.25      360      20     CA                   2/1/2007        N                 250000                   1       2.25             281.25                                                                               95340          12/21/2006              2      XA0605EI_ARM-INTONLY                             0                 0                                 0      20                        750           23.73     3YR                                        11/1/2011            6           6           2            2.25
     1103638215       SFR                               1     OO        PURCHASE              N                             6.875                6.875              296000                296000              12/1/2006             11/1/2036                  1695.83      360      80     CA                   2/1/2007        N                 385000                   1       2.25            1695.83                                                                               93536          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            370000                             74000     100                        653           47.99     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638216       SFR                               1     OO        REFI                  Y                             6.875                6.875              252000                252000              12/1/2006             11/1/2036                  1443.75      360   64.62     CA                   2/1/2007        N                 390000                   1       2.25            1443.75                                                                               92501          12/21/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   64.62                        705               0     3YR                                        11/1/2011            6           6           2            2.25
     1103638217       SFR                               1     NOO       REFI                  Y                             6.875                6.875              204000             203482.91              12/1/2006             11/1/2036                  1340.13      360      80     CA                   2/1/2007        N                 255000                   1       2.25            1340.13                                                                               93223          12/21/2006              2      PA0605E_ARM                                      0                 0                                 0      80                        762           47.96     3YR                                        11/1/2011            6           6           2            2.25
     1103638218       SFR                               1     NOO       REFI                  Y                             6.875                6.875              196400             195902.15              12/1/2006             11/1/2036                  1290.21      360      80     CA                   2/1/2007        N                 245500                   1       2.25            1290.21                                                                               93223          12/21/2006              2      PA0605E_ARM                                      0                 0                                 0      80                        762           47.96     3YR                                        11/1/2011            6           6           2            2.25
     1103638219       SFR                               1     OO        PURCHASE              N                                 7                    7              236000                236000              12/1/2006             11/1/2036                  1376.67      360      80     CA                   2/1/2007        N                 305000                   1       2.25            1376.67                                                                               92553          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            295000                             59000     100                        701            40.6     3YR                                        11/1/2011            6           6           2            2.25
     1103638220       SFR                               1     OO        REFI                  Y                                 7                    7              506000                506000               1/1/2007             12/1/2036                  2951.67      360   79.94     CA                   2/1/2007        N                 633000                   1       2.25            2951.67                                                                               91107          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.94                        676           46.25     3YR                                        12/1/2011            6           6           2            2.25
     1103638221       PUD                               1     OO        PURCHASE              N                                 7                    7              196000                196000               1/1/2007             12/1/2036                  1143.33      360      80     AZ                   2/1/2007        N                 245000                   1       2.25            1143.33                                                                               85037          12/21/2006              8      SA2605EI_ARM-INTONLY                             0            245000                             24500      90                        678               0     3YR                                        12/1/2011            6           6           2            2.25
     1103638222       SFR                               1     OO        REFI                  Y                                 7                    7              181600                181600              12/1/2006             11/1/2036                  1059.33      360      80     AZ                   2/1/2007        N                 227000                   1       2.25            1059.33                                                                               85009          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        644           40.56     3YR                                        11/1/2011            6           6           2            2.25
     1103638223       SFR                               1     OO        REFI                  Y                                 7                    7              364000                364000               1/1/2007             12/1/2036                  2123.33      360      80     CA                   2/1/2007        N                 455000                   1       2.25            2123.33                                                                               93611          12/21/2006             12      BA0605EI_ARM-INTONLY                             0                 0                             45500      90                        699               0     3YR                                        12/1/2011            6           6           2            2.25
     1103638224       SFR                               1     OO        REFI                  Y                             7.125                7.125              572000              571800.4              12/1/2006             11/1/2036                  3396.25      360      80     CA                   2/1/2007        N                 715000                   1       2.25            3396.25                                                                               95366          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686           47.04     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638225       SFR                               1     OO        REFI                  Y                             7.125                7.125              200000                200000               1/1/2007             12/1/2036                   1187.5      360      80     AZ                   2/1/2007        N                 250000                   1       2.25             1187.5                                                                               85225          12/21/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        682            26.2     3YR                                        12/1/2011            5           5           1            2.25
     1103638226       CONDO                             1     OO        PURCHASE              N                             7.125                7.125              267300                267300              12/1/2006             11/1/2036                  1587.09      360      80     NV                   2/1/2007        N                 350000                   1       2.25            1587.09                                                                               89123          12/21/2006              8      SA0605EI_ARM-INTONLY                             0            334131                             66826     100                        700               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638227       CONDO                             1     OO        REFI                  Y                              7.25                 7.25              408000                408000              12/1/2006             11/1/2036                     2465      360      80     CA                   2/1/2007        N                 510000                   1       2.25               2465                                                                               92688          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             76500      95                        711           44.84     3YR                                        11/1/2011            6           6           2            2.25
     1103638229       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              183900                183900              12/1/2006             11/1/2036                  1111.06      360      80     NV                   2/1/2007        N                 240000                   1       2.25            1111.06                                                                               89107          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            229900                             34485      95                        645           34.69     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638230       SFR                               1     OO        PURCHASE              N                             7.375                7.375              174400                174400              12/1/2006             11/1/2036                  1071.83      360      80     NV                   2/1/2007        N                 230000                   1       2.25            1071.83                                                                               89146          12/21/2006             12      XA0605EI_ARM-INTONLY                             0            218000                             43600     100                        723               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638231       PUD                               1     NOO       PURCHASE              N                             7.375                7.375              240000                240000              12/1/2006             11/1/2036                     1475      360      80     NV                   2/1/2007        N                 320000                   1       2.25               1475                                                                               89131          12/21/2006             12      XA0605EI_ARM-INTONLY                             0            300000                             30000      90                        711               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638232       PUD                               1     OO        PURCHASE              N                             7.375                7.375              198000                198000              12/1/2006             11/1/2036                  1216.88      360      80     NV                   2/1/2007        N                 255000                   1       2.25            1216.88                                                                               89032          12/21/2006              8      SA0605EI_ARM-INTONLY                             0            247500                             49500     100                        710               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638233       PUD                               1     OO        REFI                  Y                             7.375                7.375              412000                412000              12/1/2006             11/1/2036                  2532.08      360      80     CA                   2/1/2007        N                 515000                   1       2.25            2532.08                                                                               93306          12/21/2006             12      BA2605EI_ARM-INTONLY                             0                 0                                 0      80                        664               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638235       SFR                               1     OO        PURCHASE              N                             7.625                7.625              520000             518863.72              12/1/2006             11/1/2036                  3680.53      360   78.79     CA                   2/1/2007        N                 660000                   1       2.25            3680.53                                                                               92880          12/21/2006             12      SA0605E_ARM                                      0            660000                              7986      80                        740               0     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638236       SFR                               1     NOO       REFI                  Y                             7.625                7.625              400000                400000              12/1/2006             11/1/2036                  2541.67      360      80     CA                   2/1/2007        N                 500000                   1       2.25            2541.67                                                                               91766          12/21/2006              8      BA0605EI_ARM-INTONLY                             0                 0                                 0      80                        750               0     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638237       PUD                               1     OO        REFI                  N                             7.625                7.625              244000                244000              12/1/2006             11/1/2036                  1550.42      360      80     AZ                   2/1/2007        N                 305000                   1       2.25            1550.42                                                                               85249          12/21/2006             12      XA0605EI_ARM-INTONLY                             0                 0                             61000     100                        683               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638238       SFR                               1     NOO       PURCHASE              N                              7.75                 7.75              455000                455000              12/1/2006             11/1/2036                  2938.54      360      70     CA                   2/1/2007        N                 650000                   1       2.25            2938.54                                                                               93536          12/21/2006              8      SA2605EI_ARM-INTONLY                             0            650000                            162500      95                        678               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638239       SFR                               1     OO        REFI                  Y                             7.875                7.875              632000                632000              12/1/2006             11/1/2036                   4147.5      360      80     CA                   2/1/2007        N                 790000                   1       2.25             4147.5                                                                               94037          12/21/2006              8      BA0605EI_ARM-INTONLY                             0                 0                            158000     100                        730               0     3YR                                        11/1/2011            6           6           2            2.25
     1103638240       SFR                               1     OO        REFI                  Y                             7.875                7.875              408000              407977.5              12/1/2006             11/1/2036                   2677.5      360      80     WA                   2/1/2007        N                 510000                   1       2.25             2677.5                                                                               98077          12/21/2006             12      SA2605EI_ARM-INTONLY                             0                 0                                 0      80                        667               0     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103638241       SFR                               1     OO        PURCHASE              N                             7.875                7.875              158400                158400              12/1/2006             11/1/2036                   1039.5      360      80     CA                   2/1/2007        N                 215000                   1       2.25             1039.5                                                                               92395          12/21/2006              8      SA2605EI_ARM-INTONLY                             0            198000                             39600     100                        652               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638268       SFR                               1     OO        PURCHASE              N                              9.25                 9.25              204250                204250               1/1/2007             12/1/2036                  1574.43      360      95     CA                   2/1/2007        N                 215000                   1       4.25            1574.43                                                                               93230          12/21/2006             12      EA0605EI_ARM-INTONLY                            30            215000                                 0      95                        686               0     3YR                                        12/1/2011            6           3           1            9.25
     1103638269       SFR                               1     OO        REFI                  Y                              6.75                 6.75              332000                332000               2/1/2007              1/1/2037                   1867.5      360   76.33     CA                   2/1/2007        N                 435000                   1          3             1867.5                                                                               92503          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   76.33                        688           28.69     1YR                                         1/1/2012            6           3           1               3
     1103638273       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              341600                341600               2/1/2007              1/1/2037                  2241.75      360      80     CA                   2/1/2007        N                 427000                   1          4            2241.75                                                                               90222            1/5/2007              2      PA0605EI_ARM-INTONLY                             0            427000                             63900   94.97                        743           39.59     3YR                                         1/1/2012            6           3           1               4
     1103638289       SFR                               1     OO        REFI                  Y                             6.125                6.125              495000             490498.48               2/1/2007              1/1/2037                  3007.67      360   69.72     CA                   2/1/2007        N                 710000                   1          0            3007.67                                                                               90505          12/19/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   69.72                        701           39.27     3YR                                                             0           0           0               0
     1103638291       D-PUDS                            1     OO        PURCHASE              N                              7.25                 7.25              447550                447550               2/1/2007              1/1/2037                  2703.95      360      80     HI                   2/1/2007        N                 670000                   1          3            2703.95                                                                               96732          12/18/2006              2      PA0607EI_ARM-INTONLY                             0         559498.79                            111900     100                        704           31.39     NO-PREPAY                                   1/1/2014            6           3           1               3
     1103638337       SFR                               1     OO        REFI                  Y                             5.375                5.375              356000             354932.72              10/1/2006              9/1/2036                  1805.96      360      80     NY                   2/1/2007        Y                 445000                   1        5.5            1805.96                                                                               11550          11/30/2006             17      BL2202E_ARM-BALLOON                              0                 0                             89000     100                        633           44.99     1YR                                         9/1/2008            6           3           1           5.375
     1103638342       D-PUDS                            1     OO        PURCHASE              N                              6.99                 6.99              285017                285017               1/1/2007             12/1/2036                  1660.22      360      80     CO                   2/1/2007        N                 365000                   1          3            1660.22                                                                               80109          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            356272                             71254     100                        747              35     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103638385       SFR                               1     OO        REFI                  Y                             7.375                7.375              358000                358000               1/1/2007             12/1/2036                  2200.21      360   66.92     CA                   2/1/2007        N                 535000                   1          0            2200.21                                                                               90221          12/14/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   66.92                        655           40.57     3YR                                                             0           0           0               0
     1103638395       SFR                               1     NOO       REFI                  Y                             7.125                7.125              214900                214900               1/1/2007             12/1/2036                  1275.97      360      70     VA                   2/1/2007        N                 307000                   1          3            1275.97                                                                               22701          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             76750      95                        690           26.63     3YR                                        12/1/2011            6           3           1           7.125
     1103638396       SFR                               1     NOO       REFI                  Y                            12.175               12.175               76750              76707.53               1/1/2007             12/1/2021                   799.82      180      25     VA                   2/1/2007        Y                 307000                   2          0             799.82                                                                               22701          12/21/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        690           26.63     3YR                                                             0           0           0               0
     1103638429       SFR                               1     OO        REFI                  Y                             6.625                6.625              264000                264000               2/1/2007              1/1/2037                   1457.5      360      80     CA                   2/1/2007        N                 330000                   1          3             1457.5                                                                               92571          12/15/2006              2      PA0607EI_ARM-INTONLY                             0                 0                             66000     100                        771           41.42     1YR                                         1/1/2014            6           3           1               3
     1103638449       2-4FAMILY                         4     NOO       PURCHASE              N                             12.25                12.25               86250              86106.34               9/1/2006              8/1/2021                   903.81      180   15.14     CA                   2/1/2007        Y                 575000                   2          0             903.81                                                                               90059          12/19/2006              2      VB0630_BALLOON                                   0            570000                                 0   76.67                        681          42.658     3YR                                                             0           0           0               0
     1103638487       SFR                               1     NOO       REFI                  Y                             6.625                6.625              315000             314722.08               2/1/2007              1/1/2037                  2016.98      360      75     WA                   2/1/2007        N                 420000                   1          3            2016.98                                                                               98072          12/29/2006              2      PA0605E_ARM                                      0                 0                                 0      75                        734           46.29     1YR                                         1/1/2012            6           3           1               3
     1103638527       SFR                               1     OO        REFI                  Y                              7.25                 7.25              900000                900000               1/1/2007             12/1/2036                   5437.5      360      75     CA                   2/1/2007        N                1200000                   1          3             5437.5                                                                               92675          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      75                        678           43.98     1YR                                        12/1/2011            6           3           1               3
     1103638580       D-PUDS                            1     OO        REFI                  Y                             5.875                5.875              564000                564000               2/1/2007              1/1/2037                  2761.25      360      80     CA                   2/1/2007        N                 705000                   1          0            2761.25                                                                               92056          12/27/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        797           34.81     3YR                                                             0           0           0               0
     1103638607       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              840000                840000              12/1/2006             11/1/2036                     5425      360      70     VA                   2/1/2007        N                1200000                   1       2.25               5425                                                                               23452          12/21/2006             12      XA0605EI_ARM-INTONLY                             0           1200000                            240000      90                        706               0     3YR                                        11/1/2011            5           5           1            2.25
     1103638608       PUD                               1     2ND       REFI                  Y                             7.735                7.735               75001              74763.17              12/1/2006             11/1/2036                   536.54      360    41.9     PA                   2/1/2007        N                 179000                   1       2.25             536.54                                                                               18436          12/21/2006             12      XA0605E_ARM                                      0                 0                                 0    41.9                        746               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638609       CONDO                             1     OO        REFI                  Y                             8.375                8.375              160000                160000               1/1/2007             12/1/2036                  1116.67      360      80     NH                   2/1/2007        N                 200000                   1      4.625            1116.67                                                                               03038          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             30000      95                        655           42.06     NO-PREPAY                                  12/1/2011            5           5           1           4.625
     1103638610       SFR                               1     OO        PURCHASE              N                             7.875                7.875              122800                122800              12/1/2006             11/1/2036                   805.88      360      80     FL                   2/1/2007        N                 153500                   1       2.25             805.88                                                                               33710          12/21/2006             12      BA0605EI_ARM-INTONLY                             0            153500                                 0      80                        690               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638611       CONDO                             1     NOO       REFI                  Y                             8.875                8.875              129600                129600              12/1/2006             11/1/2036                    958.5      360      80     MD                   2/1/2007        N                 162000                   1          5              958.5                                                                               21044          12/21/2006              8      SA2603EI_ARM-INTONLY                             0                 0                                 0      80                        644               0     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103638612       2-4FAMILY                         2     NOO       PURCHASE              N                               7.5                  7.5              105000             104764.74              12/1/2006             11/1/2036                   734.18      360      70     CT                   2/1/2007        N                 207000                   1       2.25             734.18                                                                               06519          12/21/2006              1      PA1605E_ARM                                      0            150000                             37500      95                        666           38.49     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638613       2-4FAMILY                         3     OO        PURCHASE              N                             7.875                7.875              260000             259459.68              12/1/2006             11/1/2036                  1885.18      360      80     NH                   2/1/2007        N                 330000                   1       2.75            1885.18                                                                               03867          12/21/2006              2      PA1605E_ARM                                      0            325000                             65000     100                        675           42.06     NO-PREPAY                                  11/1/2011            6           6           2            2.75
     1103638614       CONDO                             1     NOO       REFI                  Y                             6.875                6.875              222000             221437.28              12/1/2006             11/1/2036                  1458.38      360   60.83     MA                   2/1/2007        N                 365000                   1       2.25            1458.38                                                                               02143          12/21/2006              2      PA0605E_ARM                                      0                 0                                 0   60.83                        689           35.65     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638616       2-4FAMILY                         2     OO        PURCHASE              N                             8.125                8.125              272000             271462.61              12/1/2006             11/1/2036                  2019.59      360      80     NJ                   2/1/2007        N                 350000                   1          5            2019.59                                                                               08861          12/21/2006              8      SA2603E_ARM                                      0            340000                             68000     100                        634               0     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103638618       2-4FAMILY                         4     NOO       REFI                  Y                               7.5                  7.5              238000             237416.56              12/1/2006             11/1/2036                  1664.13      360      70     MA                   2/1/2007        N                 340000                   1       2.25            1664.13                                                                               02740          12/21/2006              2      PA1605E_ARM                                      0                 0                                 0      70                        655         28.2788     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638619       CONDO                             1     NOO       REFI                  Y                                 7                    7              165000                165000               1/1/2007             12/1/2036                    962.5      360      75     MA                   2/1/2007        N                 220000                   1       2.25              962.5                                                                               01880          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        781           41.31     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103638622       SFR                               1     OO        REFI                  N                             5.875                5.875              100000              99748.62               1/1/2007             12/1/2036                   591.54      360   75.48     PA                   2/1/2007        N                 132500                   1       2.25             591.54                                                                               18407          12/21/2006             12      SA0605E_ARM                                      0                 0                                 0   75.48                        803               0     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103638624       PUD                               1     NOO       PURCHASE              N                             7.625                7.625              121450             121449.97              12/1/2006             11/1/2036                   771.71      360      70     FL                   2/1/2007        N                 210000                   1       2.25             771.71                                                                               34758          12/21/2006             12      XA0605EI_ARM-INTONLY                             0            173500                                 0      70                        769               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638625       2-4FAMILY                         2     NOO       REFI                  Y                              6.75                 6.75              520000                520000              12/1/2006             11/1/2036                     2925      360      65     NJ                   2/1/2007        N                 800000                   1       2.25               2925                                                                               08735          12/21/2006             12      XA0605EI_ARM-INTONLY                             0                 0                                 0      65                        736               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103638626       2-4FAMILY                         2     OO        PURCHASE              N                                 7                    7              393600                393600              12/1/2006             11/1/2036                     2296      360      80     NJ                   2/1/2007        N                 493000                   1          5               2296                                                                               07512          12/21/2006             17      PA1603EI_ARM-INTONLY                             0            492000                             98400     100                        662           41.83     NO-PREPAY                                  11/1/2009            6           2           2               5
     1103638627       2-4FAMILY                         2     OO        PURCHASE              N                              8.25                 8.25               81225              81068.54              12/1/2006             11/1/2036                   610.22      360      95     PA                   2/1/2007        N                  87000                   1        4.5             610.22                                                                               18505          12/21/2006             12      XA0605E_ARM                                     30             85500                                 0      95                        747               0     NO-PREPAY                                  11/1/2011            5           5           1             4.5
     1103638631       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              295920                295920               1/1/2007             12/1/2036                  1541.25      360      80     CA                   2/1/2007        N                 370000                   1          3            1541.25                                                                               91351          12/14/2006             17      PA0605EI_ARM-INTONLY                             0            369900                             73980     100                        720           37.09     2YR                                        12/1/2011            6           3           1               3
     1103638637       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              266250                266250               2/1/2007              1/1/2037                  1497.66      360      75     AZ                   2/1/2007        N                 355000                   1          3            1497.66                                                                               85050          12/26/2006              2      PA1605EI_ARM-INTONLY                             0            355000                             88750     100                        667           30.02     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103638694       CONDO                             1     NOO       PURCHASE              N                              6.75                 6.75              144900                144900               2/1/2007              1/1/2037                   815.06      360      70     CO                   2/1/2007        N                 207000                   1          3             815.06                                                                               80013            1/4/2007              2      PA1605EI_ARM-INTONLY                             0            207000                             51750      95                        658           47.49     3YR                                         1/1/2012            6           3           1            6.75
     1103638723       SFR                               1     NOO       REFI                  Y                               8.5                  8.5              156800             156705.01               2/1/2007              1/1/2037                  1205.66      360      80     FL                   2/1/2007        N                 196000                   1          3            1205.66                                                                               33774          12/27/2006              8      SA1605E_ARM                                      0                 0                                 0      80                        640               0     3YR                                         1/1/2012            6           3           1               3
     1103638730       SFR                               1     2ND       PURCHASE              N                              6.75                 6.75              179500                179500               2/1/2007              1/1/2037                  1009.69      360   89.98     MS                   2/1/2007        N                 199500                   1          3            1009.69                                                                               39503          12/21/2006              7      SA0605EI_ARM-INTONLY                            25            199900                                 0   89.98                        695               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103638747       SFR                               1     NOO       PURCHASE              N                                 7                    7              412000             411662.28               2/1/2007              1/1/2037                  2741.05      360      80     CA                   2/1/2007        N                 520000                   1          0            2741.05                                                                               95112          12/22/2006              2      PF0630_FIXEDRATE                                 0            515000                             51500      90                        750           39.13     NO-PREPAY                                                       0           0           0               0
     1103638754       SFR                               1     NOO       PURCHASE              N                             11.75                11.75               51500              51484.42               2/1/2007              1/1/2022                   519.85      180      10     CA                   2/1/2007        Y                 520000                   2          0             519.85                                                                               95112          12/22/2006              2      TB0630_BALLOON                                   0            515000                                 0      90                        750           39.09     NO-PREPAY                                                       0           0           0               0
     1103638759       SFR                               1     NOO       PURCHASE              N                             7.375                7.375              392000                392000               1/1/2007             12/1/2036                  2409.17      360      80     CA                   2/1/2007        N                 490000                   1          3            2409.17                                                                               95973          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            490000                             49000      90                        704           20.85     3YR                                        12/1/2011            6           3           1               3
     1103638784       2-4FAMILY                         3     OO        REFI                  N                             6.625                6.625              596000             595474.17               2/1/2007              1/1/2037                  3816.25      360      80     CA                   2/1/2007        N                 745000                   1          3            3816.25                                                                               90019          12/29/2006              2      PA0605E_ARM                                      0                 0                             74000   89.94                        785              36     3YR                                         1/1/2012            6           3           1               3
     1103638804       SFR                               1     OO        REFI                  Y                              6.25                 6.25              260000             259753.31               2/1/2007              1/1/2037                  1600.86      360   47.71     CA                   2/1/2007        N                 545000                   1          0            1600.86                                                                               94804          12/29/2006             12      SF1630_FIXEDRATE                                 0                 0                                 0   47.71                        792            47.7     3YR                                                             0           0           0               0
     1103638808       SFR                               1     OO        REFI                  N                             5.875                5.875              460000                460000               1/1/2007             12/1/2036                  2252.08      360    69.7     CA                   2/1/2007        N                 660000                   1          3            2252.08                                                                               91761          12/15/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0    69.7                        647           31.48     NO-PREPAY                                  12/1/2011            6           3           1               3
     1103638814       PUD                               1     NOO       PURCHASE              N                              6.75                 6.75              112000                112000               1/1/2007             12/1/2036                      630      360      70     MO                   2/1/2007        N                 160000                   1          0                630                                                                               64015          12/18/2006              2      PF0630I_FIX-INTONLY                              0            160000                             40000      95                        712           40.33     3YR                                                             0           0           0               0
     1103638833       D-PUDS                            1     OO        PURCHASE              N                              6.25                 6.25              544150                544150               2/1/2007              1/1/2037                  2834.11      360      75     CA                   2/1/2007        N                 730000                   1          3            2834.11                                                                               95116          12/29/2006              8      SA1605EI_ARM-INTONLY                             0            725581                                 0      75                        765               0     3YR                                         1/1/2012            6           3           1               3
     1103638862       CONDO                             1     NOO       PURCHASE              N                                 6                    6              135000                135000               1/1/2007             12/1/2036                      675      360   28.43     WA                   2/1/2007        N                 475000                   1       2.75                675                                                                               98109          12/14/2006              2      PA0607EI_ARM-INTONLY                             0            475000                                 0   28.43                        813              19     3YR                                        12/1/2013            6           3           1            2.75
     1103638863       SFR                               1     OO        PURCHASE              N                                 6                    6              464000                464000               1/1/2007             12/1/2036                     2320      360      80     CA                   2/1/2007        N                 580000                   1       2.75               2320                                                                               91214          12/14/2006             17      PA0605EI_ARM-INTONLY                             0            580000                             58000      90                        800           38.76     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638864       SFR                               1     OO        REFI                  N                             5.875                5.875              408000                408000               1/1/2007             12/1/2036                   1997.5      360   79.23     CA                   2/1/2007        N                 515000                   1       2.75             1997.5                                                                               92126          12/14/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             70710   92.96                        797              35     NO-PREPAY                                  12/1/2009            6           3           1            2.75
     1103638865       PUD                               1     OO        REFI                  N                             6.125                6.125              622000                622000               1/1/2007             12/1/2036                  3174.79      360   73.18     CA                   2/1/2007        N                 850000                   1       2.25            3174.79                                                                               90621          12/14/2006             17      XA0605DI_ARM-INTONLY                             0                 0                            135320    89.1                        790           45.71     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638866       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              552000                551685               1/1/2007             12/1/2036                     3335      360      80     CA                   2/1/2007        N                 690000                   1       2.25               3335                                                                               92840          12/14/2006              8      SA1605EI_ARM-INTONLY                             0            690000                            103500      95                        787               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103638867       SFR                               1     OO        REFI                  N                               6.5                  6.5              452000             451998.33               1/1/2007             12/1/2036                  2448.33      360      80     CA                   2/1/2007        N                 565000                   1       2.25            2448.33                                                                               92054          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            113000     100                        770              45     3YR                                        12/1/2011            6           6           2            2.25
     1103638868       CONDO                             1     OO        REFI                  Y                              5.75                 5.75              200000             199784.59               1/1/2007             12/1/2036                  1065.78      360   57.15     CA                   2/1/2007        Y                 350000                   1       2.75            1065.78                                                                               91792          12/14/2006              2      PL0605E_ARM-BALLOON                              0                 0                                 0   57.15                        769           41.55     1YR                                        12/1/2011            6           3           1            2.75
     1103638869       SFR                               1     OO        REFI                  Y                                 6                    6              364000                364000               1/1/2007             12/1/2036                     1820      360      80     CA                   2/1/2007        N                 455000                   1       2.75               1820                                                                               90602          12/14/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0      80                        768           44.44     NO-PREPAY                                  12/1/2013            6           3           1            2.75
     1103638870       SFR                               1     OO        REFI                  Y                                 6                    6              446400                446400               1/1/2007             12/1/2036                     2232      360      80     CA                   2/1/2007        N                 558000                   1       2.75               2232                                                                               92703          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        760           41.39     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638871       2-4FAMILY                         2     OO        REFI                  N                              6.25                 6.25              348000                348000               1/1/2007             12/1/2036                   1812.5      360    79.1     CA                   2/1/2007        N                 440000                   1       2.75             1812.5                                                                               90011          12/14/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             43472   88.98                        760           45.16     3YR                                        12/1/2009            6           3           1            2.75
     1103638872       SFR                               1     OO        REFI                  Y                             5.875                5.875              344000             343296.84               1/1/2007             12/1/2036                  2034.89      360   78.19     CA                   2/1/2007        N                 440000                   1       2.75            2034.89                                                                               92337          12/14/2006              2      PA0605E_ARM                                      0                 0                                 0   78.19                        756           40.83     3YR                                        12/1/2011            6           3           1            2.75
     1103638873       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              328000                328000               1/1/2007             12/1/2036                     1845      360      80     CA                   2/1/2007        N                 430000                   1       2.25               1845                                                                               90605          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            410000                             82000     100                        756           43.77     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638874       SFR                               1     OO        PURCHASE              N                             6.375                6.375              277600                277600               1/1/2007             12/1/2036                  1474.75      360      80     CA                   2/1/2007        N                 350000                   1       2.25            1474.75                                                                               90032          12/14/2006              1      XA0605DI_ARM-INTONLY                             0            347000                             69400     100                        752           41.99     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638875       PUD                               1     NOO       REFI                  N                               6.5                  6.5              236000                236000               1/1/2007             12/1/2036                  1278.33      360   78.67     NV                   2/1/2007        N                 300000                   1       2.25            1278.33                                                                               89148          12/14/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0   78.67                        746               0     3YR                                        12/1/2011            5           5           2            2.25
     1103638876       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              348800                348800               1/1/2007             12/1/2036                  1889.33      360      80     CA                   2/1/2007        N                 450000                   1       2.25            1889.33                                                                               91351          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            436000                             87200     100                        746           39.67     3YR                                        12/1/2011            5           5           2            2.25
     1103638877       PUD                               1     2ND       REFI                  Y                             6.125                6.125              540000              538947.7               1/1/2007             12/1/2036                   3281.1      360      75     CA                   2/1/2007        N                 720000                   1       2.75             3281.1                                                                               92587          12/14/2006              2      PA0603E_ARM                                      0                 0                                 0      75                        743           47.09     NO-PREPAY                                  12/1/2009            6           3           1            2.75
     1103638878       SFR                               1     OO        REFI                  N                              6.25                 6.25              412000                412000               1/1/2007             12/1/2036                  2145.83      360      80     CA                   2/1/2007        N                 515000                   1       2.75            2145.83                                                                               92336          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             67002   93.02                        742           38.17     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638879       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              264000                262570               1/1/2007             12/1/2036                     1430      360      80     CA                   2/1/2007        N                 335000                   1       2.25               1430                                                                               91406          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            330000                             66000     100                        741           44.31     3YR                                        12/1/2011            6           6           2            2.25
     1103638880       SFR                               1     OO        REFI                  N                             6.125                6.125              169000             168987.94              12/1/2006             11/1/2036                    862.6      360   78.61     CA                   2/1/2007        N                 215000                   1       2.75              862.6                                                                               92311          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   78.61                        740           36.18     1YR                                        11/1/2011            6           3           1            2.75
     1103638881       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              175200                175200               1/1/2007             12/1/2036                    985.5      360      80     CA                   2/1/2007        N                 225000                   1       2.25              985.5                                                                               93702          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            219000                             43800     100                        739           39.85     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103638882       SFR                               1     OO        PURCHASE              N                             6.875                6.875              332000                332000               1/1/2007             12/1/2036                  1902.08      360      80     CA                   2/1/2007        N                 415000                   1       2.25            1902.08                                                                               92557          12/14/2006              8      XA1605DI_ARM-INTONLY                             0            415000                             83000     100                        738               0     3YR                                        12/1/2011            5           5           2            2.25
     1103638883       SFR                               1     OO        REFI                  Y                              6.25                 6.25              370000             369651.97               1/1/2007             12/1/2036                  2100.64      360   74.75     CA                   2/1/2007        Y                 495000                   1       2.75            2100.64                                                                               91744          12/14/2006              2      PL0605E_ARM-BALLOON                              0                 0                                 0   74.75                        737           42.14     3YR                                        12/1/2011            6           3           1            2.75
     1103638884       SFR                               1     OO        REFI                  Y                              6.75                 6.75              476250                476250               1/1/2007             12/1/2036                  2678.91      360      75     CA                   2/1/2007        N                 635000                   1       2.75            2678.91                                                                               90604          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            107950      92                        737              37     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638885       PUD                               1     OO        PURCHASE              N                             6.375                6.375              316000                316000               1/1/2007             12/1/2036                  1678.75      360      80     CA                   2/1/2007        N                 395000                   1       2.75            1678.75                                                                               92620          12/14/2006             17      PA0605EI_ARM-INTONLY                             0            395000                                 0      80                        736           44.63     3YR                                        12/1/2011            6           3           1            2.75
     1103638886       SFR                               1     OO        REFI                  Y                             6.875                6.875              320000                320000               1/1/2007             12/1/2036                  1833.33      360   79.02     CA                   2/1/2007        N                 405000                   1       2.75            1833.33                                                                               91768          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.02                        734           40.25     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638887       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              304000                304000               1/1/2007             12/1/2036                     1710      360      80     CA                   2/1/2007        N                 390000                   1       2.25               1710                                                                               92324          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            380000                             76000     100                        731           36.36     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638888       SFR                               1     2ND       REFI                  N                               6.5                  6.5              308000                308000               1/1/2007             12/1/2036                  1668.33      360   79.59     NV                   2/1/2007        N                 387000                   1       2.25            1668.33                                                                               89117          12/18/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0   79.59                        726               0     3YR                                        12/1/2011            5           5           2            2.25
     1103638889       SFR                               1     OO        PURCHASE              N                             6.375                6.375              368000                368000               1/1/2007             12/1/2036                     1955      360      80     CA                   2/1/2007        N                 510000                   1       2.25               1955                                                                               90255          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            460000                             92000     100                        722           42.22     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103638890       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              280000                280000               1/1/2007             12/1/2036                  1516.67      360      80     CA                   2/1/2007        N                 350000                   1       2.75            1516.67                                                                               91732          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        722           39.03     1YR                                        12/1/2011            6           3           1            2.75
     1103638891       SFR                               1     OO        REFI                  Y                             6.375                6.375              427000                427000               1/1/2007             12/1/2036                  2268.44      360      70     CA                   2/1/2007        N                 610000                   1       2.75            2268.44                                                                               91789          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        721           40.76     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638892       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              422400                422400               1/1/2007             12/1/2036                     2288      360      80     CA                   2/1/2007        N                 530000                   1       2.75               2288                                                                               91709          12/14/2006             17      PA0605EI_ARM-INTONLY                             0            528000                                 0      80                        721           41.68     3YR                                        12/1/2011            6           3           1            2.75
     1103638893       SFR                               1     OO        PURCHASE              N                             6.625                6.625              404000                404000               1/1/2007             12/1/2036                  2230.42      360      80     CA                   2/1/2007        N                 520000                   1       2.25            2230.42                                                                               91786          12/14/2006              2      XA0605DI_ARM-INTONLY                             0            505000                            101000     100                        721           43.08     3YR                                        12/1/2011            5           5           2            2.25
     1103638894       SFR                               1     OO        REFI                  Y                             5.625                5.625              200000                200000               1/1/2007             12/1/2036                    937.5      360      40     CA                   2/1/2007        N                 500000                   1       2.75              937.5                                                                               91710          12/14/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      40                        716           29.33     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638895       SFR                               1     OO        REFI                  Y                                 6                    6              492000                491960               1/1/2007             12/1/2036                     2460      360      80     CA                   2/1/2007        N                 615000                   1       2.75               2460                                                                               90042          12/18/2006              2      PA0603EI_ARM-INTONLY                             0                 0                                 0      80                        714           39.26     1YR                                        12/1/2009            6           3           1            2.75
     1103638896       CONDO                             1     OO        REFI                  N                             6.875                6.875              244000             243328.99               1/1/2007             12/1/2036                  1397.92      360      80     CA                   2/1/2007        N                 305000                   1       2.75            1397.92                                                                               91766          12/14/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0      80                        714           43.16     3YR                                        12/1/2013            6           3           1            2.75
     1103638897       SFR                               1     OO        REFI                  N                             6.375                6.375              249500                249500               1/1/2007             12/1/2036                  1325.47      360   75.61     WA                   2/1/2007        N                 330000                   1       2.75            1325.47                                                                               98092          12/14/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0   75.61                        708           33.49     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638898       PUD                               1     OO        REFI                  N                              6.25                 6.25              616000                616000              11/1/2006             10/1/2036                  3208.33      360   72.48     CA                   2/1/2007        N                 850000                   1       2.25            3208.33                                                                               90621          12/14/2006             17      XA0607DI_ARM-INTONLY                             0                 0                            110925   85.53                        707           37.17     NO-PREPAY                                  10/1/2013            5           5           2            2.25
     1103638899       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              343350                343350               1/1/2007             12/1/2036                  1931.34      360      80     CA                   2/1/2007        N                 430000                   1       2.25            1931.34                                                                               92532          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            429235                             85847     100                        704           39.99     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638900       2-4FAMILY                         3     OO        REFI                  Y                             6.875                6.875              508000                508000               1/1/2007             12/1/2036                  2910.42      360      80     CA                   2/1/2007        N                 635000                   1       2.25            2910.42                                                                               90280          12/14/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        704           29.96     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638901       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              527200                527200               1/1/2007             12/1/2036                  3020.42      360      80     CA                   2/1/2007        N                 659000                   1       2.25            3020.42                                                                               90011          12/14/2006              2      XA0607DI_ARM-INTONLY                             0            659000                            131800     100                        704           42.62     NO-PREPAY                                  12/1/2013            5           5           2            2.25
     1103638902       SFR                               1     OO        REFI                  Y                               6.5                  6.5              608000             607893.33               1/1/2007             12/1/2036                  3293.33      360      80     CA                   2/1/2007        N                 760000                   1       2.25            3293.33                                                                               92880          12/14/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             38000      85                        703           50.41     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638903       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              268000                268000               1/1/2007             12/1/2036                  1535.42      360      80     CA                   2/1/2007        N                 370000                   1       2.25            1535.42                                                                               91104          12/14/2006             17      XA0605DI_ARM-INTONLY                             0            335000                             67000     100                        701           42.52     3YR                                        12/1/2011            5           5           2            2.25
     1103638907       SFR                               1     NOO       PURCHASE              N                                 7                    7               73500                 73500               2/1/2007              1/1/2037                   428.75      360      70     CO                   2/1/2007        N                 122000                   1          3             428.75                                                                               80221          12/28/2006              1      PA1605EI_ARM-INTONLY                             0            105000                             26250      95                        654            30.4     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103638910       PUD                               1     OO        REFI                  Y                             6.125                6.125              417000                417000               1/1/2007             12/1/2036                  2128.44      360    71.9     CA                   2/1/2007        N                 580000                   1       2.25            2128.44                                                                               92879          12/14/2006              2      XA0610DI_ARM-INTONLY                             0                 0                                 0    71.9                        698           43.09     3YR                                        12/1/2016            5           5           2            2.25
     1103638911       SFR                               1     OO        REFI                  N                             6.125                6.125              444000                444000               1/1/2007             12/1/2036                  2266.25      360      80     CA                   2/1/2007        N                 555000                   1       2.75            2266.25                                                                               92508          12/14/2006             17      PA0607EI_ARM-INTONLY                             0                 0                                 0      80                        698           33.98     NO-PREPAY                                  12/1/2013            6           3           1            2.75
     1103638912       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              409600                409600               1/1/2007             12/1/2036                  2218.67      360      80     CA                   2/1/2007        N                 512000                   1       2.75            2218.67                                                                               90606          12/19/2006              8      SA1605EI_ARM-INTONLY                             0            512000                            102400     100                        697               0     2YR                                        12/1/2011            6           3           1            2.75
     1103638913       CONDO                             1     2ND       REFI                  Y                             6.875                6.875              195000                195000               1/1/2007             12/1/2036                  1117.19      360      78     NV                   2/1/2007        N                 250000                   1       2.75            1117.19                                                                               89015          12/14/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             30000      90                        697               0     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638914       SFR                               1     OO        REFI                  Y                             5.875                5.875              436150                436150               1/1/2007             12/1/2036                  2135.32      360      65     CA                   2/1/2007        N                 671000                   1       2.25            2135.32                                                                               91710          12/14/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      65                        696              33     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638915       SFR                               1     OO        REFI                  Y                              6.25                 6.25              304500                304500               1/1/2007             12/1/2036                  1585.94      360   76.13     CA                   2/1/2007        N                 400000                   1       2.75            1585.94                                                                               93543          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   76.13                        694           36.45     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638916       CONDO                             1     OO        REFI                  N                              6.75                 6.75              226500             226375.25               1/1/2007             12/1/2036                  1274.06      360   79.48     CA                   2/1/2007        N                 285000                   1       2.75            1274.06                                                                               92707          12/14/2006              2      PA0607EI_ARM-INTONLY                             0                 0                             30011   90.01                        689           34.67     NO-PREPAY                                  12/1/2013            6           3           1            2.75
     1103638917       PUD                               1     OO        REFI                  Y                               7.5                  7.5              440000                440000               1/1/2007             12/1/2036                     2750      360      80     CA                   2/1/2007        N                 550000                   1       2.25               2750                                                                               91706          12/14/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        688           32.05     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638918       CONDO                             1     OO        REFI                  Y                                 6                    6              304000                304000               1/1/2007             12/1/2036                     1520      360      80     CA                   2/1/2007        N                 380000                   1       2.75               1520                                                                               90250          12/14/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        649           42.38     1YR                                        12/1/2011            6           3           1            2.75
     1103638919       SFR                               1     OO        REFI                  Y                                 7                    7              828000                828000               1/1/2007             12/1/2036                     4830      360    63.7     CA                   2/1/2007        N                1300000                   1       2.75               4830                                                                               92592          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0    63.7                        649           42.14     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638920       SFR                               1     OO        PURCHASE              N                             6.625                6.625              408000              407999.5               1/1/2007             12/1/2036                   2252.5      360      80     CA                   2/1/2007        N                 520000                   1       2.75             2252.5                                                                               91103          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            510000                            102000     100                        682           49.53     1YR                                        12/1/2011            6           3           1            2.75
     1103638921       SFR                               1     OO        REFI                  Y                             5.625                5.625              498500                498500               1/1/2007             12/1/2036                  2336.72      360    76.7     CA                   2/1/2007        N                 650000                   1       2.75            2336.72                                                                               91311          12/19/2006              2      PA1603EI_ARM-INTONLY                             0                 0                                 0    76.7                        680           38.05     3YR                                        12/1/2009            6           3           1            2.75
     1103638922       SFR                               1     OO        PURCHASE              N                             6.875                6.875              288000                288000               1/1/2007             12/1/2036                     1650      360      80     CA                   2/1/2007        N                 362000                   1       2.75               1650                                                                               92530          12/14/2006              8      SA2605EI_ARM-INTONLY                             0            360000                             72000     100                        678               0     1YR                                        12/1/2011            6           3           1            2.75
     1103638923       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              327920                327920               1/1/2007             12/1/2036                  1844.55      360      80     CA                   2/1/2007        N                 415000                   1       2.25            1844.55                                                                               92376          12/14/2006              2      XA1605DI_ARM-INTONLY                             0            409900                             81980     100                        672           48.21     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638924       SFR                               1     OO        REFI                  Y                             7.375                7.375              272000                271600               1/1/2007             12/1/2036                  1671.67      360      80     CA                   2/1/2007        N                 340000                   1       2.25            1671.67                                                                               95210          12/14/2006              2      PA1610EI_ARM-INTONLY                             0                 0                                 0      80                        671           35.88     NO-PREPAY                                  12/1/2016            6           6           2            2.25
     1103638926       SFR                               1     OO        PURCHASE              N                             6.125                6.125              332000                332000               1/1/2007             12/1/2036                  1694.58      360      80     CA                   2/1/2007        N                 415000                   1       2.75            1694.58                                                                               95203          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            415000                             83000     100                        669           46.36     2YR                                        12/1/2011            6           3           1            2.75
     1103638927       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              348000                348000              12/1/2006             11/1/2036                   2102.5      360      80     CA                   2/1/2007        N                 438000                   1       2.25             2102.5                                                                               90262          12/14/2006              2      XA1607DI_ARM-INTONLY                             0            435000                             87000     100                        668           39.35     NO-PREPAY                                  11/1/2013            5           5           2            2.25
     1103638928       SFR                               1     OO        REFI                  Y                             7.875                7.875              427500                427500               1/1/2007             12/1/2036                  2805.47      360      75     CA                   2/1/2007        N                 570000                   1       2.75            2805.47                                                                               94589          12/14/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            142500     100                        668            43.4     1YR                                        12/1/2011            6           3           1            2.75
     1103638929       CONDO                             1     OO        PURCHASE              N                                 6                    6              350000             349299.83               1/1/2007             12/1/2036                  2098.43      360   67.97     CA                   2/1/2007        N                 515000                   1       2.75            2098.43                                                                               90275          12/14/2006              1      PA1605E_ARM                                      0            515000                                 0   67.97                        666           45.08     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638930       SFR                               1     OO        REFI                  Y                             7.125                7.125              231000                231000               1/1/2007             12/1/2036                  1371.56      360   79.66     CA                   2/1/2007        N                 290000                   1       2.25            1371.56                                                                               92583          12/14/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             30015   90.01                        664           22.84     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103638931       SFR                               1     NOO       REFI                  Y                             7.125                7.125              333000                333000               1/1/2007             12/1/2036                  1977.19      360      74     CA                   2/1/2007        N                 450000                   1       2.75            1977.19                                                                               92345          12/14/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      74                        656               0     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     1103638932       SFR                               1     OO        REFI                  Y                              6.25                 6.25              574000                574000               1/1/2007             12/1/2036                  2989.58      360   68.75     CA                   2/1/2007        N                 835000                   1       2.25            2989.58                                                                               91789          12/14/2006              1      XA1607DI_ARM-INTONLY                             0                 0                                 0   68.75                        653           51.28     NO-PREPAY                                  12/1/2013            5           5           2            2.25
     1103638933       SFR                               1     OO        REFI                  Y                             6.875                6.875              545000             544081.67               1/1/2007             12/1/2036                  3580.26      360   71.72     CA                   2/1/2007        N                 760000                   1       2.25            3580.26                                                                               92647          12/14/2006              8      XA1610D_ARM                                      0                 0                                 0   71.72                        653               0     3YR                                        12/1/2016            5           5           2            2.25
     1103638934       SFR                               1     OO        REFI                  Y                             6.875                6.875              436000                436000               1/1/2007             12/1/2036                  2497.92      360      80     CA                   2/1/2007        N                 545000                   1       2.25            2497.92                                                                               92584          12/14/2006              2      XA1607DI_ARM-INTONLY                             0                 0                                 0      80                        661           37.76     NO-PREPAY                                  12/1/2013            5           5           2            2.25
     1103638935       SFR                               1     OO        REFI                  N                                 6                    6              275000                275000               1/1/2007             12/1/2036                     1375      360   71.43     CA                   2/1/2007        N                 385000                   1       2.25               1375                                                                               91764          12/14/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0   71.43                        649           32.33     3YR                                        12/1/2011            5           5           2            2.25
     1103638936       SFR                               1     OO        PURCHASE              N                             7.875                7.875              648000                648000              12/1/2006             11/1/2036                   4252.5      360      80     CA                   2/1/2007        N                 825000                   1       2.25             4252.5                                                                               91739          12/19/2006              2      XA1605DI_ARM-INTONLY                             0            810000                            162000     100                        648           40.65     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103638937       SFR                               1     OO        PURCHASE              N                             6.625                6.625              477400                477400               1/1/2007             12/1/2036                  2635.65      360      80     CA                   2/1/2007        N                 620000                   1       2.75            2635.65                                                                               91752          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            596772                             59677      90                        647           44.38     1YR                                        12/1/2011            6           3           1            2.75
     1103638938       SFR                               1     OO        PURCHASE              N                             6.875                6.875              585000             584891.36              12/1/2006             11/1/2036                  3351.56      360      90     CA                   2/1/2007        N                 675000                   1       2.25            3351.56                                                                               90019          12/19/2006              2      BA2207DI_ARM-INTONLY                            25            650000                                 0      90                        639           37.91     NO-PREPAY                                  11/1/2013            5           5           2            2.25
     1103638939       SFR                               1     OO        REFI                  Y                             5.375                5.375              320000             319619.13               1/1/2007             12/1/2036                  1623.34      360   73.74     CA                   2/1/2007        Y                 434000                   1       2.75            1623.34                                                                               90002          12/14/2006              2      PL2603E_ARM-BALLOON                              0                 0                                 0   73.74                        630           36.94     3YR                                        12/1/2009            6           3           1            2.75
     1103638954       SFR                               1     OO        REFI                  Y                             5.875                5.875              307700                307700               2/1/2007              1/1/2037                  1506.45      360   54.47     CA                   2/1/2007        N                 565000                   1          3            1506.45                                                                               92173          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   54.47                        718           44.99     1YR                                         1/1/2012            6           3           1               3
     1103638976       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              352000                352000               1/1/2007             12/1/2036                  2016.67      360      80     CA                   2/1/2007        N                 455000                   1          3            2016.67                                                                               92509          12/29/2006              1      PA0605EI_ARM-INTONLY                             0            440000                             66000      95                        771           43.55     1YR                                        12/1/2011            6           3           1               3
     1103638986       SFR                               1     NOO       PURCHASE              N                            11.575               11.575               66000              65958.31               1/1/2007             12/1/2036                   657.37      360      15     CA                   2/1/2007        N                 445000                   2          0             657.37                                                                               92509          12/29/2006              1      TF0630_FIXEDRATE                                 0            440000                                 0      95                        771           40.53     1YR                                                             0           0           0               0
     1103639022       2-4FAMILY                         2     OO        REFI                  N                                 6                    6              393500                393500               2/1/2007              1/1/2037                   1967.5      360   61.49     CA                   2/1/2007        N                 640000                   1        2.5             1967.5                                                                               92102          12/29/2006              2      PA1607EI_ARM-INTONLY                             0                 0                                 0   61.49                        677           16.66     3YR                                         1/1/2014            6           3           1             2.5
     1103639050       SFR                               1     OO        REFI                  Y                              6.25                 6.25              417000             416604.34               2/1/2007              1/1/2037                  2567.54      360   46.86     CA                   2/1/2007        N                 890000                   1          0            2567.54                                                                               94501          12/21/2006              1      PF0630_FIXEDRATE                                 0                 0                             75000   55.29                        742           31.96     1YR                                                             0           0           0               0
     1103639066       PUD                               1     NOO       REFI                  Y                              6.75                 6.75              345000             342940.63               2/1/2007              1/1/2037                  1940.63      360   58.48     CA                   2/1/2007        N                 590000                   1          0            1940.63                                                                               93463            1/5/2007              8      SF0630I_FIX-INTONLY                              0                 0                                 0   58.48                        743               0     NO-PREPAY                                                       0           0           0               0
     1103639071       SFR                               1     OO        PURCHASE              N                              8.25                 8.25              372000                372000               2/1/2007              1/1/2037                   2557.5      360      80     CA                   2/1/2007        N                 465000                   1          3             2557.5                                                                               92509          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            465000                             69750      95                        668           38.13     3YR                                         1/1/2012            6           3           1               3
     1103639115       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               49000              48971.03               1/1/2007             12/1/2021                   499.31      180      10     CA                   2/1/2007        Y                 490000                   2          0             499.31                                                                               95973          12/22/2006              2      TB0630_BALLOON                                   0            490000                                 0      90                        704           20.85     3YR                                                             0           0           0               0
     1103639173       CONDO                             1     NOO       PURCHASE              N                             12.25                12.25               31500              31482.86               1/1/2007             12/1/2021                   330.09      180      10     CA                   2/1/2007        Y                 315000                   2          0             330.09                                                                               95835          12/26/2006              2      TB0630_BALLOON                                   0            315000                                 0      90                        755           29.63     3YR                                                             0           0           0               0
     1103639182       CONDO                             1     OO        REFI                  Y                              6.25                 6.25              350000                350000               1/1/2007             12/1/2036                  1822.92      360   32.72     CA                   2/1/2007        N                1070000                   1       2.75            1822.92                                                                               94115          12/18/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   32.72                        723            31.7     NO-PREPAY                                  12/1/2011            5           5           2            2.75
     1103639184       SFR                               1     OO        REFI                  N                             5.875                5.875              505000                505000               1/1/2007             12/1/2036                   2472.4      360   66.45     CA                   2/1/2007        N                 760000                   1       2.25             2472.4                                                                               94560          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   66.45                        773           22.43     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639185       SFR                               1     OO        REFI                  Y                              6.25                 6.25              348000                348000               1/1/2007             12/1/2036                   1812.5      360      80     CA                   2/1/2007        N                 435000                   1       2.25             1812.5                                                                               95687          12/18/2006              1      PA1605EI_ARM-INTONLY                             0                 0                             24969   85.74                        675           43.67     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639187       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              359700             359078.86               1/1/2007             12/1/2036                  2333.01      360   79.99     CA                   2/1/2007        N                 452000                   1       2.25            2333.01                                                                               92509          12/18/2006              2      PA1605E_ARM                                      0            449687                             89992     100                        657           22.53     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639188       SFR                               1     NOO       REFI                  N                              6.75                 6.75              384000                384000               1/1/2007             12/1/2036                     2160      360   56.89     CA                   2/1/2007        N                 675000                   1       2.25               2160                                                                               95127          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   56.89                        685           47.63     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639189       SFR                               1     OO        REFI                  Y                             6.375                6.375              550000                550000               1/1/2007             12/1/2036                  2921.88      360   45.53     CA                   2/1/2007        N                1208000                   1       2.25            2921.88                                                                               94941          12/18/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   45.53                        631               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639190       SFR                               1     OO        PURCHASE              N                             6.875                6.875              862000                862000               1/1/2007             12/1/2036                  4938.54      360      80     CA                   2/1/2007        N                1077500                   1       2.25            4938.54                                                                               94556          12/18/2006              8      XA2605EI_ARM-INTONLY                             0           1077500                                 0      80                        651               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639191       SFR                               1     2ND       PURCHASE              N                             6.875                6.875              198000                198000               1/1/2007             12/1/2036                  1134.38      360   79.84     CA                   2/1/2007        N                 248000                   1       2.25            1134.38                                                                               95446          12/18/2006              1      PA0605EI_ARM-INTONLY                             0            248000                             25224   90.01                        692           48.17     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639193       CONDO                             1     OO        REFI                  N                             6.875                6.875              241600                241600               1/1/2007             12/1/2036                  1384.17      360      80     CA                   2/1/2007        N                 302000                   1       2.25            1384.17                                                                               95691          12/18/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             44998    94.9                        667            41.1     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639196       PUD                               1     OO        REFI                  Y                             6.625                6.625              200000                200000               1/1/2007             12/1/2036                  1104.17      360   42.56     CA                   2/1/2007        N                 470000                   1       2.25            1104.17                                                                               95060          12/18/2006             12      XA2605EI_ARM-INTONLY                             0                 0                                 0   42.56                        634               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639197       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              268750                268750               1/1/2007             12/1/2036                  1511.72      360      80     NV                   2/1/2007        N                 336000                   1       2.25            1511.72                                                                               89145          12/18/2006              8      SA1605EI_ARM-INTONLY                             0            335950                             67230     100                        769               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639198       SFR                               1     NOO       PURCHASE              N                              6.75                 6.75              206500                206500               1/1/2007             12/1/2036                  1161.56      360      70     CA                   2/1/2007        N                 350000                   1       2.25            1161.56                                                                               95691          12/18/2006              8      SA1605EI_ARM-INTONLY                             0            295000                             59000      90                        687               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639199       SFR                               1     OO        REFI                  Y                             6.625                6.625              432000                432000               1/1/2007             12/1/2036                     2385      360      80     CA                   2/1/2007        N                 540000                   1       2.25               2385                                                                               94803          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             81000      95                        718           45.21     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639201       CONDO                             1     NOO       PURCHASE              N                               7.5                  7.5              393750                393750               1/1/2007             12/1/2036                  2460.94      360      75     NV                   2/1/2007        N                 525000                   1       2.25            2460.94                                                                               89109          12/18/2006             12      XA1605EI_ARM-INTONLY                             0            525000                                 0      75                        709               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639202       SFR                               1     OO        PURCHASE              N                             6.875                6.875              175200                175200               1/1/2007             12/1/2036                  1003.75      360      80     NV                   2/1/2007        N                 220000                   1       2.25            1003.75                                                                               89030          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            219000                             43800     100                        701           41.96     3YR                                        12/1/2011            6           6           2            2.25
     1103639203       SFR                               1     NOO       REFI                  Y                             6.875                6.875              354000                354000               1/1/2007             12/1/2036                  2028.13      360   71.66     CA                   2/1/2007        N                 494000                   1       2.25            2028.13                                                                               92019          12/18/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   71.66                        644           37.75     3YR                                        12/1/2011            6           6           2            2.25
     1103639205       SFR                               1     OO        REFI                  Y                             6.625                6.625              216000             215987.03               1/1/2007             12/1/2036                   1192.5      360   78.55     NV                   2/1/2007        N                 275000                   1       2.25             1192.5                                                                               89102          12/18/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   78.55                        732           27.58     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639206       SFR                               1     OO        PURCHASE              N                                 6                    6              388000                388000               1/1/2007             12/1/2036                     1940      360      80     CA                   2/1/2007        N                 485000                   1       2.25               1940                                                                               93446          12/18/2006              1      PA0605EI_ARM-INTONLY                             0            485000                             97000     100                        704            44.4     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639207       SFR                               1     OO        REFI                  N                              6.75                 6.75              641250                641250               1/1/2007             12/1/2036                  3607.03      360      75     CA                   2/1/2007        N                 855000                   1       2.25            3607.03                                                                               95746          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            213750     100                        705           33.69     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639208       SFR                               1     OO        PURCHASE              N                             6.875                6.875              552800                552800               1/1/2007             12/1/2036                  3167.08      360      80     CA                   2/1/2007        N                 691000                   1       2.25            3167.08                                                                               91360          12/18/2006              2      PA1605EI_ARM-INTONLY                             0            691000                            138200     100                        670           45.46     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639209       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              260000                260000               1/1/2007             12/1/2036                   1462.5      360      80     CA                   2/1/2007        N                 334000                   1       2.25             1462.5                                                                               95765          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            325000                             65000     100                        697           41.35     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639210       SFR                               1     OO        PURCHASE              N                             6.125                6.125              296000                296000               1/1/2007             12/1/2036                  1510.83      360      80     CA                   2/1/2007        N                 370000                   1       2.25            1510.83                                                                               95662          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            370000                             74000     100                        725           36.13     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103639216       SFR                               1     NOO       PURCHASE              N                             7.375                7.375              228000                228000               1/1/2007             12/1/2036                  1401.25      360      80     CA                   2/1/2007        N                 285000                   1          3            1401.25                                                                               95965          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            285000                             28500      90                        751           10.68     3YR                                        12/1/2011            6           3           1               3
     1103639220       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               28500              28483.14               1/1/2007             12/1/2021                   290.42      180      10     CA                   2/1/2007        Y                 285000                   2          0             290.42                                                                               95965          12/28/2006              2      TB0630_BALLOON                                   0            285000                                 0      90                        751           10.68     3YR                                                             0           0           0               0
     1103639222       SFR                               1     NOO       PURCHASE              N                              8.35                 8.35              123750                123750               2/1/2007              1/1/2037                   861.09      360      75     FL                   2/1/2007        N                 165000                   1          3             861.09                                                                               33852          12/18/2006              2      PA1605EI_ARM-INTONLY                             0            165000                             33000      95                        647              45     1YR                                         1/1/2012            6           3           1               3
     1103639223       SFR                               1     NOO       PURCHASE              N                             13.95                13.95               33000              32993.93               2/1/2007              1/1/2022                    389.7      180      20     FL                   2/1/2007        Y                 165000                   2          0              389.7                                                                               33852          12/18/2006              2      TB1630_BALLOON                                   0            165000                                 0      95                        647              45     1YR                                                             0           0           0               0
     1103639266       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              361600                361600               2/1/2007              1/1/2037                  2071.67      360      80     CA                   2/1/2007        N                 452000                   1          3            2071.67                                                                               95954          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            452000                             45200      90                        777           22.16     3YR                                         1/1/2012            6           3           1               3
     1103639267       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               45200               45186.7               2/1/2007              1/1/2022                   460.59      180      10     CA                   2/1/2007        Y                 452000                   2          0             460.59                                                                               95954          12/29/2006              2      TB0630_BALLOON                                   0            452000                                 0      90                        777           22.16     3YR                                                             0           0           0               0
     1103639275       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              332000                332000               2/1/2007              1/1/2037                  1902.08      360      80     CA                   2/1/2007        N                 415000                   1          3            1902.08                                                                               95926          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            415000                             41500      90                        769           30.03     3YR                                         1/1/2012            6           3           1               3
     1103639283       SFR                               1     NOO       PURCHASE              N                            10.875               10.875               41500              41484.79               2/1/2007              1/1/2022                    391.3      180      10     CA                   2/1/2007        Y                 415000                   2          0              391.3                                                                               95926          12/27/2006              2      TB0630_BALLOON                                   0            415000                                 0      90                        769           30.03     3YR                                                             0           0           0               0
     1103639344       SFR                               1     NOO       REFI                  N                             6.375                6.375              399000                399000               2/1/2007              1/1/2037                  2119.69      360   65.52     CA                   2/1/2007        N                 609000                   1          0            2119.69                                                                               94601          12/22/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   65.52                        700           36.78     3YR                                                             0           0           0               0
     1103639397       2-4FAMILY                         2     NOO       REFI                  N                             6.375                6.375              395000                395000               2/1/2007              1/1/2037                  2098.44      360   68.11     CA                   2/1/2007        N                 580000                   1          0            2098.44                                                                               94605          12/22/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   68.11                        707           35.21     3YR                                                             0           0           0               0
     1103639419       SFR                               1     NOO       REFI                  Y                              9.25                 9.25              375000              374805.6               2/1/2007              1/1/2037                  3085.03      360   89.93     CA                   2/1/2007        N                 417000                   1        3.5            3085.03                                                                               95519            1/3/2007              2      PA0405E_ARM                                     25                 0                                 0   89.93                        704            41.8     NO-PREPAY                                   1/1/2012            6           3           1             3.5
     1103639443       D-PUDS                            1     2ND       REFI                  Y                             7.795                7.795              451000                451000               2/1/2007              1/1/2037                  2929.62      360   71.03     FL                   2/1/2007        N                 635000                   1          3            2929.62                                                                               33178          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   71.03                                         45     1YR                                         1/1/2012            6           3           1               3
     1103639466       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              384000                384000               2/1/2007              1/1/2037                     2200      360      80     CA                   2/1/2007        N                 480000                   1          3               2200                                                                               95301          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            480000                             48000      90                        751           25.51     3YR                                         1/1/2012            6           3           1               3
     1103639472       SFR                               1     NOO       PURCHASE              N                            11.875               11.875               48000              47985.88               2/1/2007              1/1/2022                   489.12      180      10     CA                   2/1/2007        Y                 480000                   2          0             489.12                                                                               95301          12/28/2006              2      TB0630_BALLOON                                   0            480000                                 0      90                        751           25.51     3YR                                                             0           0           0               0
     1103639509       SFR                               1     OO        REFI                  N                               7.5                  7.5              344000                344000               1/1/2007             12/1/2036                     2150      360      80     CA                   2/1/2007        N                 430000                   1       2.75               2150                                                                               91767          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             86000     100                        676          42.371     3YR                                        12/1/2011            6           3           1             7.5
     1103639510       SFR                               1     OO        PURCHASE              N                             6.125                6.125              476000                476000               1/1/2007             12/1/2036                  2429.58      360      80     CA                   2/1/2007        N                 609000                   1       2.75            2429.58                                                                               92840          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            595000                            119000     100                        730           44.14     3YR                                        12/1/2011            6           3           1           6.125
     1103639511       SFR                               1     OO        PURCHASE              N                             7.625                7.625              228000             227668.91               1/1/2007             12/1/2036                  1613.77      360      80     CT                   2/1/2007        N                 300000                   1       2.75            1613.77                                                                               06460          12/29/2006              2      PA1605E_ARM                                      0            285000                             57000     100                        676          44.641     3YR                                        12/1/2011            6           3           1           7.625
     1103639513       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              174400                174400               1/1/2007             12/1/2036                      981      360      80     FL                   2/1/2007        N                 249000                   1       2.75                981                                                                               34953          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            218000                             43600     100                        787           30.17     3YR                                        12/1/2011            6           3           1            6.75
     1103639515       PUD                               1     OO        PURCHASE              N                             6.125                6.125              857209                857209               1/1/2007             12/1/2036                  4375.34      360   63.16     AZ                   2/1/2007        N                1360000                   1       2.75            4375.34                                                                               85255          12/29/2006              2      PA0605EI_ARM-INTONLY                             0           1357209                                 0   63.16                        770           39.64     1YR                                        12/1/2011            6           3           1           6.125
     1103639517       TOWNHOUSE                         1     OO        REFI                  Y                              8.25                 8.25              104000                104000               1/1/2007             12/1/2036                      715      360      80     DE                   2/1/2007        N                 130000                   1       2.75                715                                                                               19801          12/29/2006              1      PA2605EI_ARM-INTONLY                             0                 0                             26000     100                        623          43.573     1YR                                        12/1/2011            6           3           1            8.25
     1103639518       PUD                               1     OO        PURCHASE              N                                 6                    6             1200000               1200000               1/1/2007             12/1/2036                     6000      360   66.67     AZ                   2/1/2007        N                1800000                   1       3.25               6000                                                                               85262          12/29/2006              2      XA1605EI_ARM-INTONLY                             0           1800000                            400000   88.89                        675          29.479     1YR                                        12/1/2011            5           5           1               6
     1103639519       SFR                               1     OO        PURCHASE              N                             6.625                6.625              383200                383200               1/1/2007             12/1/2036                  2115.58      360      80     CA                   2/1/2007        N                 480000                   1       2.75            2115.58                                                                               90262          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            479000                             95800     100                        683              39     3YR                                        12/1/2011            6           3           1           6.625
     1103639520       SFR                               1     OO        PURCHASE              N                             6.375                6.375              444000                444000               1/1/2007             12/1/2036                  2358.75      360      80     CA                   2/1/2007        N                 555000                   1       2.75            2358.75                                                                               90037          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            555000                            111000     100                        674          39.612     3YR                                        12/1/2011            6           3           1           6.375
     1103639521       PUD                               1     NOO       PURCHASE              N                              8.75                 8.75              232000                232000               1/1/2007             12/1/2036                  1691.67      360      80     MD                   2/1/2007        N                 295000                   1       2.75            1691.67                                                                               20707          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            290000                             43500      95                        649           48.31     NO-PREPAY                                  12/1/2011            6           3           1            8.75
     1103639524       2-4FAMILY                         3     OO        PURCHASE              N                              7.25                 7.25              312000                312000               1/1/2007             12/1/2036                     1885      360      80     CT                   2/1/2007        N                 390000                   1       2.75               1885                                                                               06610          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            390000                             78000     100                        741           36.92     3YR                                        12/1/2011            6           3           1            7.25
     1103639525       PUD                               1     OO        PURCHASE              N                             7.375                7.375              420000                420000               1/1/2007             12/1/2036                  2581.25      360      80     CA                   2/1/2007        N                 525000                   1       2.75            2581.25                                                                               91784          12/29/2006              8      SA1605EI_ARM-INTONLY                             0            525000                            105000     100                        707               0     3YR                                        12/1/2011            6           3           1           7.375
     1103639527       SFR                               1     OO        REFI                  N                              6.99                 6.99              255200                255200               1/1/2007             12/1/2036                  1486.54      360      80     CA                   2/1/2007        N                 319000                   1       2.75            1486.54                                                                               93657          12/29/2006              8      SA1605EI_ARM-INTONLY                             0                 0                             63800     100                        720               0     3YR                                        12/1/2011            6           3           1            6.99
     1103639529       SFR                               1     OO        REFI                  N                             6.125                6.125             1658400               1658400               1/1/2007             12/1/2036                  8464.75      360   17.46     CA                   2/1/2007        N                9500000                   1       2.75            8464.75                                                                               90049          12/29/2006              2      PA1610EI_ARM-INTONLY                             0                 0                                 0   17.46                        677          24.176     NO-PREPAY                                  12/1/2016            6           5           1           6.125
     1103639530       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              124128             123664.28               1/1/2007             12/1/2036                   846.77      360      80     TX                   2/1/2007        N                 158000                   1       2.75             846.77                                                                               77388          12/29/2006              2      PA1605E_ARM                                      0            155160                             31032     100                        661          45.054     3YR                                        12/1/2011            6           3           1            7.25
     1103639531       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              488000                488000               1/1/2007             12/1/2036                  2795.83      360      80     CA                   2/1/2007        N                 610000                   1       2.75            2795.83                                                                               90304          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            610000                            122000     100                        804          43.998     3YR                                        12/1/2011            6           3           1           6.875
     1103639532       PUD                               1     NOO       REFI                  N                             6.875                6.875              416000                416000               1/1/2007             12/1/2036                  2383.33      360   58.11     VA                   2/1/2007        N                 716000                   1       2.75            2383.33                                                                               22553          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   58.11                        730           17.88     3YR                                        12/1/2011            6           3           1           6.875
     1103639533       PUD                               1     NOO       REFI                  N                             6.875                6.875              346000                346000               1/1/2007             12/1/2036                  1982.29      360   49.46     VA                   2/1/2007        N                 699600                   1       2.75            1982.29                                                                               22553          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   49.46                        730          25.062     3YR                                        12/1/2011            6           3           1           6.875
     1103639534       SFR                               1     OO        REFI                  Y                                 7                    7              332000             331454.14               1/1/2007             12/1/2036                   2208.8      360      80     MD                   2/1/2007        N                 415000                   1       2.75             2208.8                                                                               20716          12/29/2006             12      SA2605E_ARM                                      0                 0                                 0      80                        667               0     NO-PREPAY                                  12/1/2011            6           3           1               7
     1103639535       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              300000                300000               1/1/2007             12/1/2036                   1747.5      360      80     CA                   2/1/2007        N                 375000                   1       2.75             1747.5                                                                               92372          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            375000                             56250      95                        644           37.42     3YR                                        12/1/2011            6           3           1            6.99
     1103639536       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              155920                155920               1/1/2007             12/1/2036                   990.74      360      80     VA                   2/1/2007        N                 197000                   1       2.75             990.74                                                                               23504          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            194900                             29235      95                        654          41.256     3YR                                        12/1/2011            6           3           1           7.625
     1103639537       2-4FAMILY                         4     OO        PURCHASE              N                              7.25                 7.25              502000                502000               1/1/2007             12/1/2036                  3032.92      360      80     CA                   2/1/2007        N                 627500                   1       2.75            3032.92                                                                               90003          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            627500                            125500     100                        728          41.465     1YR                                        12/1/2011            6           3           1           7.125
     1103639538       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              244000                244000               1/1/2007             12/1/2036                  1474.17      360      80     FL                   2/1/2007        N                 320000                   1       2.75            1474.17                                                                               34761          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            305000                             61000     100                        645          44.868     3YR                                        12/1/2011            6           3           1            7.25
     1103639539       SFR                               1     OO        REFI                  N                             6.375                6.375              380000             379294.21               1/1/2007             12/1/2036                  2370.71      360      80     CT                   2/1/2007        N                 475000                   1       2.75            2370.71                                                                               06854          12/29/2006             12      SA1605E_ARM                                      0                 0                                 0      80                        751               0     3YR                                        12/1/2011            6           3           1           6.375
     1103639541       PUD                               1     NOO       PURCHASE              N                              6.75                 6.75              184000                183935               1/1/2007             12/1/2036                     1035      360      80     AZ                   2/1/2007        N                 236000                   1       2.75               1035                                                                               85041          12/29/2006             17      PA0605EI_ARM-INTONLY                             0            230000                                 0      80                        693          32.146     3YR                                        12/1/2011            6           3           1            6.75
     1103639542       SFR                               1     OO        REFI                  N                             6.875                6.875              136125             135895.63               1/1/2007             12/1/2036                   894.24      360      75     FL                   2/1/2007        N                 181500                   1       2.75             894.24                                                                               32927          12/29/2006             12      SA2610E_ARM                                      0                 0                                 0      75                        660               0     3YR                                        12/1/2016            6           5           1           6.875
     1103639543       PUD                               1     NOO       PURCHASE              N                              8.75                 8.75              262240                262240               1/1/2007             12/1/2036                  1912.17      360      80     CO                   2/1/2007        N                 330000                   1       2.75            1912.17                                                                               80234          12/29/2006              8      SA1605EI_ARM-INTONLY                             0            327800                             49170      95                        688               0     3YR                                        12/1/2011            6           3           1            8.75
     1103639544       SFR                               1     OO        PURCHASE              N                             8.375                8.375              352000                352000               1/1/2007             12/1/2036                  2456.67      360      80     IL                   2/1/2007        N                 440000                   1       2.75            2456.67                                                                               60411          12/29/2006             17      PA0605EI_ARM-INTONLY                             0            440000                             88000     100                        726          39.572     NO-PREPAY                                  12/1/2011            6           3           1           8.375
     1103639545       SFR                               1     OO        PURCHASE              N                             6.375                6.375              280000                280000               1/1/2007             12/1/2036                   1487.5      360      80     CA                   2/1/2007        N                 350000                   1       2.75             1487.5                                                                               90011          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            350000                             70000     100                        673          33.719     3YR                                        12/1/2011            6           3           1           6.375
     1103639566       SFR                               1     OO        PURCHASE              N                             7.125                7.125              240000                240000               1/1/2007             12/1/2036                     1425      360      75     VA                   2/1/2007        N                 320000                   1          4               1425                                                                               23454          12/27/2006              8      SA2605EI_ARM-INTONLY                             0            320000                             80000     100                        691               0     2YR                                        12/1/2011            6           6           2               4
     1103639569       2-4FAMILY                         2     OO        PURCHASE              N                             7.125                7.125               96750                 96750               1/1/2007             12/1/2036                   574.45      360      75     VA                   2/1/2007        N                 140000                   1          4             574.45                                                                               23504          12/27/2006             12      SA0605EI_ARM-INTONLY                             0            129000                             19350      90                        690               0     2YR                                        12/1/2011            6           6           2               4
     1103639570       TOWNHOUSE                         1     OO        REFI                  Y                             7.125                7.125              322500                322500               1/1/2007             12/1/2036                  1914.84      360      75     MD                   2/1/2007        N                 430000                   1          4            1914.84                                                                               21113          12/27/2006              8      SA0605EI_ARM-INTONLY                             0                 0                            107500     100                        681               0     2YR                                        12/1/2011            6           6           2               4
     1103639574       CONDO                             1     OO        REFI                  Y                              7.25                 7.25              202500                202500               1/1/2007             12/1/2036                  1223.44      360   73.64     MD                   2/1/2007        N                 275000                   1          4            1223.44                                                                               20879          12/27/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             59750   95.37                        626               0     2YR                                        12/1/2011            6           6           2               4
     1103639576       SFR                               1     OO        PURCHASE              N                              8.75                 8.75              448000                448000               1/1/2007             12/1/2036                  3266.67      360      80     VA                   2/1/2007        N                 675000                   1          4            3266.67                                                                               22101          12/27/2006              8      SA2605EI_ARM-INTONLY                             0            560000                            112000     100                        636               0     2YR                                        12/1/2011            6           6           2               4
     1103639577       TOWNHOUSE                         1     OO        REFI                  N                             6.375                6.375              316600             316549.66               1/1/2007             12/1/2036                  1681.94      360   79.15     MD                   2/1/2007        N                 400000                   1          4            1681.94                                                                               21666          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.15                        720           47.56     2YR                                        12/1/2011            6           6           2               4
     1103639578       TOWNHOUSE                         1     OO        PURCHASE              N                              7.25                 7.25              319900                319900               1/1/2007             12/1/2036                  1932.73      360      80     MD                   2/1/2007        N                 402000                   1          4            1932.73                                                                               20879          12/27/2006              8      SA0605EI_ARM-INTONLY                             0            399900                             79950   99.99                        687               0     2YR                                        12/1/2011            6           6           2               4
     1103639581       TOWNHOUSE                         1     OO        PURCHASE              N                             7.125                7.125              434850                434850               1/1/2007             12/1/2036                  2581.92      360      80     VA                   2/1/2007        N                 566000                   1          4            2581.92                                                                               22407          12/27/2006             12      SA2605EI_ARM-INTONLY                             0            543616                             54350   89.99                        679               0     2YR                                        12/1/2011            6           6           2               4
     1103639594       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               35000              34980.96               1/1/2007             12/1/2021                   366.76      180      20     VA                   2/1/2007        Y                 210000                   2          0             366.76                                                                               23220          12/27/2006              8      UB1330_BALLOON                                   0            175000                                 0      95                        671               0     2YR                                                             0           0           0               0
     1103639624       SFR                               1     NOO       REFI                  Y                              7.75                 7.75               64000              63909.37               1/1/2007             12/1/2036                    458.5      360      80     TN                   2/1/2007        N                  80000                   1       3.25              458.5                                                                               37917          12/18/2006              2      XA1605D_ARM                                      0                 0                                 0      80                        657           24.02     1YR                                        12/1/2011            5           5           2            3.25
     1103639625       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              455000                455000               1/1/2007             12/1/2036                  2464.58      360      65     NJ                   2/1/2007        N                 700000                   1       3.25            2464.58                                                                               07740          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             99960   79.28                        687              36     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639626       TOWNHOUSE                         1     NOO       PURCHASE              N                             7.125                7.125              104000                104000               1/1/2007             12/1/2036                    617.5      360      80     FL                   2/1/2007        N                 196000                   1       3.25              617.5                                                                               32250          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            130000                                 0      80                        748           26.34     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639627       TOWNHOUSE                         1     NOO       PURCHASE              N                             7.125                7.125              104000                104000               1/1/2007             12/1/2036                    617.5      360      80     FL                   2/1/2007        N                 196000                   1       3.25              617.5                                                                               32250          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            130000                                 0      80                        748           26.34     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639628       SFR                               1     NOO       PURCHASE              N                                 7                    7              417000                417000               1/1/2007             12/1/2036                   2432.5      360    66.2     CA                   2/1/2007        N                 630000                   1       3.25             2432.5                                                                               92505          12/18/2006              2      XA1605DI_ARM-INTONLY                             0            630000                                 0    66.2                        654           35.03     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639629       SFR                               1     NOO       PURCHASE              N                                 7                    7              143600                143600               1/1/2007             12/1/2036                   837.67      360      80     UT                   2/1/2007        N                 180000                   1       3.25             837.67                                                                               84058          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            179500                             17950      90                        710           43.35     3YR                                        12/1/2011            5           5           2            3.25
     1103639630       SFR                               1     NOO       REFI                  Y                             6.875                6.875              309600                309600               1/1/2007             12/1/2036                  1773.75      360      80     AZ                   2/1/2007        N                 387000                   1       3.25            1773.75                                                                               85257          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        690           38.16     3YR                                        12/1/2011            5           5           2            3.25
     1103639631       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              154000                154000               1/1/2007             12/1/2036                   834.17      360   53.48     AZ                   2/1/2007        N                 288000                   1       3.25             834.17                                                                               85013          12/18/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   53.48                        683               0     3YR                                        12/1/2011            5           5           2            3.25
     1103639632       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              253500                253500               1/1/2007             12/1/2036                  1373.13      360      65     CA                   2/1/2007        N                 390000                   1       3.25            1373.13                                                                               95377          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0      65                        659           37.05     1YR                                        12/1/2011            5           5           2            3.25
     1103639633       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              245000                245000               1/1/2007             12/1/2036                  1327.08      360   56.98     CA                   2/1/2007        N                 430000                   1       3.25            1327.08                                                                               95377          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0   56.98                        659           36.69     1YR                                        12/1/2011            5           5           2            3.25
     1103639634       CONDO                             1     NOO       REFI                  Y                             6.875                6.875              529750                529750               1/1/2007             12/1/2036                  3035.03      360      65     CA                   2/1/2007        N                 815000                   1       3.25            3035.03                                                                               93546          12/18/2006              8      XA0605DI_ARM-INTONLY                             0                 0                                 0      65                        769               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639635       2-4FAMILY                         2     NOO       REFI                  Y                                 7                    7              118000                118000              12/1/2006             11/1/2036                   688.33      360      80     CT                   2/1/2007        N                 147500                   1       3.25             688.33                                                                               06705          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        652           27.06     1YR                                        11/1/2011            5           5           2            3.25
     1103639636       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              237000                237000               1/1/2007             12/1/2036                  1333.13      360   67.72     MD                   2/1/2007        N                 350000                   1       3.25            1333.13                                                                               20748          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0   67.72                        672           30.04     3YR                                        12/1/2011            5           5           2            3.25
     1103639637       SFR                               1     OO        REFI                  N                               6.5                  6.5              202000             201633.79               1/1/2007             12/1/2036                  1276.78      360   79.22     NH                   2/1/2007        N                 255000                   1       2.25            1276.78                                                                               03835          12/18/2006              1      XA2605D_ARM                                      0                 0                             25016   89.03                        637              45     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639638       SFR                               1     OO        REFI                  Y                              6.25                 6.25              175000             174667.03               1/1/2007             12/1/2036                  1077.51      360      70     ME                   2/1/2007        N                 250000                   1       2.25            1077.51                                                                               04092          12/18/2006              2      XA0605D_ARM                                      0                 0                                 0      70                        705           30.75     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639639       SFR                               1     OO        PURCHASE              N                                 7                    7              226800                226800               1/1/2007             12/1/2036                     1323      360      80     MA                   2/1/2007        N                 289000                   1       2.25               1323                                                                               02648          12/18/2006              1      XA1605DI_ARM-INTONLY                             0            283500                             56700     100                        669            43.6     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639640       SFR                               1     OO        PURCHASE              N                             5.375                5.375              550800                550800               1/1/2007             12/1/2036                  2467.13      360      80     NJ                   2/1/2007        N                 725500                   1       2.25            2467.13                                                                               08003          12/18/2006              1      XA0605DI_ARM-INTONLY                             0            688500                                 0      80                        792           35.64     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639641       PUD                               1     OO        REFI                  Y                             5.875                5.875              592000                592000               1/1/2007             12/1/2036                  2898.33      360   65.64     VA                   2/1/2007        N                 902000                   1       2.25            2898.33                                                                               20187          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   65.64                        764           42.93     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639642       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              495000                495000               1/1/2007             12/1/2036                  2578.13      360   58.58     CA                   2/1/2007        N                 875000                   1       2.25            2578.13                                                                               94952          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            845000                                 0   58.58                        796           42.67     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103639643       SFR                               1     OO        REFI                  Y                             5.875                5.875              873000                873000               1/1/2007             12/1/2036                  4274.06      360   74.94     CA                   2/1/2007        N                1165000                   1       2.25            4274.06                                                                               95070          12/18/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   74.94                        690            43.4     3YR                                        12/1/2011            5           5           2            2.25
     1103639644       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              410000              409256.7               1/1/2007             12/1/2036                  2591.48      360    69.5     CA                   2/1/2007        N                 640000                   1       3.25            2591.48                                                                               92782          12/18/2006             12      XA0605D_ARM                                      0            590000                                 0    69.5                        743               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639645       SFR                               1     OO        REFI                  Y                               6.5                  6.5              266000             265517.76               1/1/2007             12/1/2036                   1681.3      360   67.18     MD                   2/1/2007        N                 396000                   1       3.25             1681.3                                                                               20601          12/18/2006              2      XA1605D_ARM                                      0                 0                                 0   67.18                        666           27.79     3YR                                        12/1/2011            5           5           2            3.25
     1103639646       SFR                               1     OO        PURCHASE              N                             7.375                7.375             1333500               1333500               1/1/2007             12/1/2036                  8195.47      360      70     NJ                   2/1/2007        N                2000000                   1       3.25            8195.47                                                                               07722          12/18/2006              2      XA0605DI_ARM-INTONLY                             0           1905000                            381000      90                        684              37     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639647       2-4FAMILY                         2     OO        REFI                  N                             6.625                6.625              368000                368000               1/1/2007             12/1/2036                  2031.67      360      80     MA                   2/1/2007        N                 460000                   1       3.25            2031.67                                                                               01960          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             92000     100                        716              44     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639648       SFR                               1     OO        REFI                  Y                             6.625                6.625             1333800               1333800               1/1/2007             12/1/2036                  7363.69      360      60     FL                   2/1/2007        N                2223000                   1       3.25            7363.69                                                                               32080          12/18/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0      60                        681               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639649       SFR                               1     OO        PURCHASE              N                                 7                    7              454139                454134               1/1/2007             12/1/2036                  2649.14      360      70     IL                   2/1/2007        N                 650000                   1       3.25            2649.14                                                                               60103          12/18/2006              8      XA0605DI_ARM-INTONLY                             0            648771                            194631     100                        704               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639650       2-4FAMILY                         2     OO        REFI                  Y                             6.875                6.875              480000                480000               1/1/2007             12/1/2036                     2750      360      75     NJ                   2/1/2007        N                 640000                   1       3.25               2750                                                                               07407          12/18/2006              8      XA1605DI_ARM-INTONLY                             0                 0                            128000      95                        668               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639651       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              616000                616000               1/1/2007             12/1/2036                  3336.67      360      80     CA                   2/1/2007        N                 770000                   1       3.25            3336.67                                                                               95129          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            770000                            149996   99.48                        689           45.71     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639652       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              244000                244000               1/1/2007             12/1/2036                   1372.5      360      80     CA                   2/1/2007        N                 305000                   1       3.25             1372.5                                                                               95401          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            305000                             61000     100                        810           49.99     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639653       SFR                               1     OO        PURCHASE              N                             6.375                6.375              583200                583200               1/1/2007             12/1/2036                  3098.25      360      80     CA                   2/1/2007        N                 759500                   1       3.25            3098.25                                                                               95492          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            729000                            109350      95                        707           46.35     3YR                                        12/1/2011            5           5           2            3.25
     1103639654       SFR                               1     OO        REFI                  N                             6.375                6.375              324000                324000               1/1/2007             12/1/2036                  1721.25      360      80     CA                   2/1/2007        N                 405000                   1       3.25            1721.25                                                                               90002          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             81000     100                        698           43.11     3YR                                        12/1/2011            5           5           2            3.25
     1103639655       CONDO                             1     OO        REFI                  Y                             6.875                6.875              240000             239990.07               1/1/2007             12/1/2036                     1375      360      80     AZ                   2/1/2007        N                 300000                   1       3.25               1375                                                                               85268          12/18/2006              1      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        649           43.05     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639656       SFR                               1     OO        REFI                  Y                              7.25                 7.25              196000             195999.99               1/1/2007             12/1/2036                  1184.17      360      80     AZ                   2/1/2007        N                 245000                   1       3.25            1184.17                                                                               85301          12/18/2006              1      XA2605DI_ARM-INTONLY                             0                 0                             49000     100                        629           30.93     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639657       PUD                               1     OO        PURCHASE              N                             6.375                6.375              150000                150000               1/1/2007             12/1/2036                   796.88      360   30.62     AZ                   2/1/2007        N                 490000                   1       3.25             796.88                                                                               86351          12/18/2006             12      XA0605DI_ARM-INTONLY                             0            490000                                 0   30.62                        816               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639658       SFR                               1     OO        REFI                  Y                             6.875                6.875              252000                252000               1/1/2007             12/1/2036                  1443.75      360      80     CA                   2/1/2007        N                 315000                   1       3.25            1443.75                                                                               95843          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             55976   97.78                        713           42.57     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639659       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              175000                175000               1/1/2007             12/1/2036                   947.92      360   41.67     CA                   2/1/2007        N                 420000                   1       3.25             947.92                                                                               94577          12/18/2006             12      XA2605DI_ARM-INTONLY                             0                 0                                 0   41.67                        628               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639660       SFR                               1     OO        PURCHASE              N                             6.375                6.375              260000                260000               1/1/2007             12/1/2036                  1381.25      360      80     CA                   2/1/2007        N                 325000                   1       3.25            1381.25                                                                               95376          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            325000                             65000     100                        751           43.95     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639661       SFR                               1     OO        REFI                  N                               6.5                  6.5              317500             317460.46               1/1/2007             12/1/2036                  1719.79      360    75.6     CA                   2/1/2007        N                 420000                   1       3.25            1719.79                                                                               95758          12/18/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0    75.6                        692           46.47     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639662       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              468000                468000               1/1/2007             12/1/2036                     2535      360      80     CA                   2/1/2007        N                 585000                   1       3.25               2535                                                                               94577          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            585000                             58500      90                        745           41.82     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103639663       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              750000                750000               1/1/2007             12/1/2036                  3906.25      360   78.13     CA                   2/1/2007        N                 960000                   1       3.25            3906.25                                                                               95945          12/18/2006              2      XA0605DI_ARM-INTONLY                             0            960000                            199968   98.96                        718           28.17     3YR                                        12/1/2011            5           5           2            3.25
     1103639664       SFR                               1     OO        REFI                  Y                               6.5                  6.5              496000                496000               1/1/2007             12/1/2036                  2686.67      360      80     CA                   2/1/2007        N                 620000                   1       3.25            2686.67                                                                               91790          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        648           35.99     3YR                                        12/1/2011            5           5           2            3.25
     1103639666       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              221600                221600               1/1/2007             12/1/2036                   1246.5      360      80     MD                   2/1/2007        N                 277000                   1       3.25             1246.5                                                                               20743          12/18/2006              8      XA1605DI_ARM-INTONLY                             0            277000                             55400     100                        669               0     3YR                                        12/1/2011            5           5           2            3.25
     1103639667       CONDO                             1     OO        REFI                  N                              7.75                 7.75              156000             155994.98               1/1/2007             12/1/2036                   1007.5      360      80     MD                   2/1/2007        N                 195000                   1       3.25             1007.5                                                                               21209          12/18/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             29250      95                        645           31.24     3YR                                        12/1/2011            5           5           2            3.25
     1103639668       SFR                               1     OO        PURCHASE              N                             6.875                6.875              316000                316000               1/1/2007             12/1/2036                  1810.42      360      80     VA                   2/1/2007        N                 395000                   1       3.25            1810.42                                                                               22191          12/18/2006              8      XA0605DI_ARM-INTONLY                             0            395000                             79000     100                        803               0     1YR                                        12/1/2011            5           5           2            3.25
     1103639669       PUD                               1     2ND       REFI                  Y                               6.5                  6.5              220720                220720               1/1/2007             12/1/2036                  1195.57      360      80     FL                   2/1/2007        N                 275900                   1       2.25            1195.57                                                                               34746          12/18/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        813           34.49     1YR                                        12/1/2011            5           5           2            2.25
     1103639675       SFR                               1     OO        REFI                  Y                             6.625                6.625              337500                337500               1/1/2007             12/1/2036                  1863.28      360      75     FL                   2/1/2007        N                 450000                   1       2.25            1863.28                                                                               33177          12/15/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      75                        678               0     3YR                                        12/1/2011            6           6           2            2.25
     1103639679       CONDO                             1     2ND       PURCHASE              N                               6.5                  6.5              153450                153450               1/1/2007             12/1/2036                   831.19      360   49.99     FL                   2/1/2007        N                 315000                   1       2.25             831.19                                                                               33178          12/28/2006              1      XA2605EI_ARM-INTONLY                             0            306990                                 0   49.99                        620           22.81     3YR                                        12/1/2011            6           6           2            2.25
     1103639680       PUD                               1     OO        REFI                  N                             6.375                6.375              999000                999000               1/1/2007             12/1/2036                  5307.19      360      74     NC                   2/1/2007        N                1350000                   1       2.25            5307.19                                                                               28117          12/15/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      74                        708           37.45     6MO                                        12/1/2011            6           6           2            2.25
     1103639682       SFR                               1     OO        REFI                  Y                              6.25                 6.25              268000                268000               1/1/2007             12/1/2036                  1395.83      360   73.83     IL                   2/1/2007        N                 363000                   1       2.25            1395.83                                                                               60164          12/15/2006              2      PA0603EI_ARM-INTONLY                             0                 0                             27000   81.27                        766           46.56     NO-PREPAY                                  12/1/2009            6           2           1            2.25
     1103639684       SFR                               1     OO        PURCHASE              N                             6.875                6.875              152800                152800               1/1/2007             12/1/2036                   875.42      360      80     SC                   2/1/2007        N                 195000                   1       2.25             875.42                                                                               29910          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            191000                             38200     100                        745           42.24     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103639685       SFR                               1     OO        PURCHASE              N                             6.875                6.875              183340                183340               1/1/2007             12/1/2036                  1050.39      360      80     FL                   2/1/2007        N                 240000                   1       2.25            1050.39                                                                               32907          12/15/2006              1      PA0605EI_ARM-INTONLY                             0            229175                             45835     100                        695            39.9     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103639686       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              131600                131600               1/1/2007             12/1/2036                   740.25      360      80     SC                   2/1/2007        N                 172000                   1       2.25             740.25                                                                               29928          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            164500                             32900     100                        771           25.62     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103639687       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              193592                193592               1/1/2007             12/1/2036                  1209.95      360      80     FL                   2/1/2007        N                 242000                   1       2.25            1209.95                                                                               33176          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            241990                             48398     100                        690            41.5     3YR                                        12/1/2011            6           6           2            2.25
     1103639688       SFR                               1     OO        PURCHASE              N                             6.875                6.875              239992                239992               1/1/2007             12/1/2036                  1374.95      360      80     FL                   2/1/2007        N                 315000                   1       2.25            1374.95                                                                               33196          12/15/2006              8      SA2605EI_ARM-INTONLY                             0            299990                             59998     100                        639               0     3YR                                        12/1/2011            6           6           2            2.25
     1103639689       SFR                               1     OO        REFI                  Y                              6.75                 6.75              174400             174098.84               1/1/2007             12/1/2036                  1131.16      360      80     IL                   2/1/2007        N                 218000                   1          5            1131.16                                                                               60440          12/15/2006              2      PA0603E_ARM                                      0                 0                             43600     100                        717           19.27     NO-PREPAY                                  12/1/2009            6           2           2               5
     1103639691       SFR                               1     OO        REFI                  Y                              6.75                 6.75              135800                135800               1/1/2007             12/1/2036                   763.88      360   79.89     FL                   2/1/2007        N                 170000                   1       2.25             763.88                                                                               32712          12/15/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.89                        691           24.83     3YR                                        12/1/2011            6           6           2            2.25
     1103639727       SFR                               1     OO        REFI                  N                              5.75                 5.75              256000                256000               2/1/2007              1/1/2037                  1226.67      360      80     CA                   2/1/2007        N                 320000                   1          3            1226.67                                                                               92345            1/3/2007              1      PA1605EI_ARM-INTONLY                             0                 0                             48000      95                        671           47.93     3YR                                         1/1/2012            6           3           1               3
     1103639769       HI-RISE                           1     2ND       PURCHASE              N                             7.375                7.375              408750                408750               2/1/2007              1/1/2037                  2512.11      360      75     NV                   2/1/2007        N                 600000                   1          3            2512.11                                                                               89109          12/29/2006              2      PA1607EI_ARM-INTONLY                             0            545000                                 0      75                        677           38.02     1YR                                         1/1/2014            6           3           1               3
     1103639778       SFR                               1     OO        PURCHASE              N                             6.375                6.375              466500                466500               2/1/2007              1/1/2037                  2478.28      360      75     CA                   2/1/2007        N                 630000                   1          3            2478.28                                                                               91345          12/26/2006              2      PA0605EI_ARM-INTONLY                             0            622000                             93300      90                        708            45.9     2YR                                         1/1/2012            6           3           1               3
     1103639816       SFR                               1     NOO       REFI                  Y                             6.875                6.875              166500             166360.12               2/1/2007              1/1/2037                  1093.79      360      75     CA                   2/1/2007        N                 222000                   1          0            1093.79                                                                               93292          12/22/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        686           27.69     2YR                                                             0           0           0               0
     1103639826       TOWNHOUSE                         1     NOO       PURCHASE              N                            10.375               10.375              156591                156591               1/1/2007             12/1/2036                  1353.86      360      90     FL                   2/1/2007        N                 234000                   1      3.875            1353.86                                                                               33032          12/13/2006             17      PA1405EI_ARM-INTONLY                            25            173990                                 0      90                        669              44     1YR                                        12/1/2011            6           3           1           3.875
     1103639833       SFR                               1     NOO       REFI                  N                             5.625                5.625              170000             169818.26               2/1/2007              1/1/2037                   978.62      360   52.31     CA                   2/1/2007        N                 325000                   1          3             978.62                                                                               95204          12/22/2006              1      PA0605E_ARM                                      0                 0                                 0   52.31                        754           42.32     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103639881       SFR                               1     OO        REFI                  Y                             6.375                6.375              149500             149361.53               2/1/2007              1/1/2037                   932.69      360   49.84     CA                   2/1/2007        N                 300000                   1          0             932.69                                                                               92543          12/26/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   49.84                        725              40     3YR                                                             0           0           0               0
     1103639893       CONDO                             1     OO        REFI                  N                               7.5                  7.5              672000                672000               2/1/2007              1/1/2037                     4200      360      80     CA                   2/1/2007        N                 840000                   1       2.75               4200                                                                               92673          12/18/2006              2      PA1607EI_ARM-INTONLY                             0                 0                            126000      95                        651            39.5     NO-PREPAY                                   1/1/2014            6           3           1            2.75
     1103639912       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              174400                174400               1/1/2007             12/1/2036                     1090      360      80     FL                   2/1/2007        N                 230000                   1          3               1090                                                                               34231          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            218000                             43600     100                        807            41.4     3YR                                        12/1/2011            6           3           1             7.5
     1103639918       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              760000                760000               2/1/2007              1/1/2037                  4908.33      360      80     CA                   2/1/2007        N                1005000                   1          3            4908.33                                                                               92107          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            950000                            190000     100                        648           41.56     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103639920       SFR                               1     OO        REFI                  N                              6.25                 6.25             1925000               1925000               2/1/2007              1/1/2037                 10026.04      360      70     CA                   2/1/2007        N                2750000                   1          3           10026.04                                                                               91436          12/29/2006              2      PA1603EI_ARM-INTONLY                             0                 0                                 0      70                        662            35.9     1YR                                         1/1/2010            6           3           1               3
     1103639938       SFR                               1     OO        PURCHASE              N                                 8                    8              156800             156700.33              11/1/2006             10/1/2036                  1045.33      360      80     FL                   2/1/2007        N                 220000                   1          0            1045.33                                                                               33990          12/22/2006              8      SF2630I_FIX-INTONLY                              0            196000                             39200     100                        659               0     3YR                                                             0           0           0               0
     1103639940       SFR                               1     OO        PURCHASE              N                             7.625                7.625              175750             175494.78               1/1/2007             12/1/2036                  1243.95      360      95     FL                   2/1/2007        N                 215000                   1          0            1243.95                                                                               34736          12/22/2006             12      SF1630_FIXEDRATE                                30            185000                                 0      95                        695               0     3YR                                                             0           0           0               0
     1103639941       SFR                               1     OO        REFI                  Y                             7.375                7.375              100000              99931.25               1/1/2007             12/1/2036                   648.85      360   56.18     FL                   2/1/2007        Y                 178000                   1          0             648.85                                                                               34753          12/22/2006             12      SB1640_BALLOON                                   0                 0                                 0   56.18                        734               0     3YR                                                             0           0           0               0
     1103639942       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              500000             499048.69               1/1/2007             12/1/2036                  3078.59      360   63.27     FL                   2/1/2007        N                 875000                   1          0            3078.59                                                                               33629          12/22/2006              1      PF0630_FIXEDRATE                                 0         790365.85                                 0   63.27                        795           30.25     3YR                                                             0           0           0               0
     1103639944       CONDO                             1     2ND       PURCHASE              N                             7.875                7.875              125000             124827.38               1/1/2007             12/1/2036                   906.34      360   89.35     FL                   2/1/2007        N                 142000                   1          0             906.34                                                                               33617          12/22/2006              8      EF1630_FIXEDRATE                                25            139900                                 0   89.35                        686               0     3YR                                                             0           0           0               0
     1103639945       CONDO                             1     OO        PURCHASE              N                               7.5                  7.5              119192             119145.59               1/1/2007             12/1/2036                   744.95      360      80     FL                   2/1/2007        N                 157000                   1          0             744.95                                                                               33556          12/22/2006              8      SF2630I_FIX-INTONLY                              0            148990                                 0      80                        620               0     3YR                                                             0           0           0               0
     1103639946       CONDO                             1     NOO       PURCHASE              N                             7.125                7.125              104350              104182.6               1/1/2007             12/1/2036                   703.03      360   69.87     FL                   2/1/2007        N                 155000                   1          0             703.03                                                                               33615          12/22/2006              8      SF1630_FIXEDRATE                                 0            149350                                 0   69.87                        738               0     3YR                                                             0           0           0               0
     1103639947       CONDO                             1     NOO       PURCHASE              N                             7.125                7.125              104350              104182.6               1/1/2007             12/1/2036                   703.03      360   67.61     FL                   2/1/2007        N                 155000                   1          0             703.03                                                                               33615          12/22/2006              8      SF1630_FIXEDRATE                                 0            154350                                 0   67.61                        738               0     3YR                                                             0           0           0               0
     1103639948       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              156000                156000               1/1/2007             12/1/2036                   893.75      360      80     FL                   2/1/2007        N                 203000                   1          0             893.75                                                                               33556          12/22/2006             12      SF1630I_FIX-INTONLY                              0            195000                                 0      80                        753               0     3YR                                                             0           0           0               0
     1103639949       SFR                               1     NOO       REFI                  Y                               7.5                  7.5               93000              92861.53               1/1/2007             12/1/2036                   650.27      360   58.13     FL                   2/1/2007        N                 160000                   1          0             650.27                                                                               32955          12/22/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0   58.13                        663               0     3YR                                                             0           0           0               0
     1103639950       SFR                               1     OO        REFI                  Y                             7.875                7.875              296000             295823.58               1/1/2007             12/1/2036                  2030.41      360      80     FL                   2/1/2007        Y                 370000                   1          0            2030.41                                                                               34212          12/22/2006              8      SB2640_BALLOON                                   0                 0                                 0      80                        641               0     3YR                                                             0           0           0               0
     1103639951       HI-RISE                           1     OO        PURCHASE              N                             7.125                7.125              346091             345835.66               1/1/2007             12/1/2036                  2182.21      360      80     FL                   2/1/2007        Y                 500000                   1          0            2182.21                                                                               34236          12/22/2006              8      SB1640_BALLOON                                   0            432614                                 0      80                        709               0     3YR                                                             0           0           0               0
     1103639952       SFR                               1     OO        PURCHASE              N                             7.125                7.125              229500             229330.68               1/1/2007             12/1/2036                  1447.07      360      90     FL                   2/1/2007        Y                 260000                   1          0            1447.07                                                                               34207          12/22/2006              8      SB2640_BALLOON                                  25            255000                                 0      90                        674               0     3YR                                                             0           0           0               0
     1103639953       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              145000             144773.08               1/1/2007             12/1/2036                   989.16      360   74.36     NH                   2/1/2007        N                 208000                   1          0             989.16                                                                               03249          12/22/2006              8      SF2630_FIXEDRATE                                 0            195000                                 0   74.36                        654               0     1YR                                                             0           0           0               0
     1103639954       SFR                               1     NOO       PURCHASE              N                               7.5                  7.5              117520             117442.04               1/1/2007             12/1/2036                   773.36      360      80     FL                   2/1/2007        Y                 148000                   1          0             773.36                                                                               33619          12/22/2006              8      SB1640_BALLOON                                   0            146900                                 0      80                        703               0     3YR                                                             0           0           0               0
     1103639955       PUD                               1     NOO       PURCHASE              N                             8.125                8.125              208585             208311.18               1/1/2007             12/1/2036                  1548.74      360      90     FL                   2/1/2007        N                 240000                   1          0            1548.74                                                                               33897          12/22/2006              8      SF2630_FIXEDRATE                                25            231762                                 0      90                        645               0     1YR                                                             0           0           0               0
     1103639956       PUD                               1     OO        PURCHASE              N                             6.875                6.875              154400             154277.81               1/1/2007             12/1/2036                    945.5      360      80     TX                   2/1/2007        Y                 203000                   1          0              945.5                                                                               78613          12/22/2006              8      SB1640_BALLOON                                   0            193000                             38600     100                        689               0     3YR                                                             0           0           0               0
     1103639957       SFR                               1     OO        REFI                  Y                               7.5                  7.5               60000              59910.66               1/1/2007             12/1/2036                   419.53      360   32.44     MD                   2/1/2007        N                 185000                   1          0             419.53                                                                               21222          12/22/2006              8      XF2630_FIXEDRATE                                 0                 0                                 0   32.44                        669               0     3YR                                                             0           0           0               0
     1103639959       PUD                               1     OO        PURCHASE              N                               8.5                  8.5              439900             439681.39               1/1/2007             12/1/2036                  3224.88      360     100     VA                   2/1/2007        Y                 460000                   1          0            3224.88                                                                               22003          12/22/2006              8      XB1440_BALLOON                                  35            439900                                 0     100                        694               0     3YR                                                             0           0           0               0
     1103639960       SFR                               1     OO        REFI                  N                              7.25                 7.25              163500             163274.81               1/1/2007             12/1/2036                   987.81      360   41.93     CA                   2/1/2007        N                 390000                   1          0             987.81                                                                               90059          12/22/2006             12      SF1630I_FIX-INTONLY                              0                 0                                 0   41.93                        773               0     1YR                                                             0           0           0               0
     1103639962       SFR                               1     OO        REFI                  Y                             6.875                6.875              380000             379699.26               1/1/2007             12/1/2036                  2327.02      360      80     CA                   2/1/2007        Y                 475000                   1          0            2327.02                                                                               91767          12/22/2006             12      SB2640_BALLOON                                   0                 0                                 0      80                        662               0     3YR                                                             0           0           0               0
     1103639963       SFR                               1     OO        PURCHASE              N                              9.25                 9.25              279000             278832.78              12/1/2006             11/1/2036                  2205.94      360     100     NV                   2/1/2007        Y                 285000                   1          0            2205.94                                                                               89434          12/22/2006              8      XB2440_BALLOON                                  35            279000                                 0     100                        671               0     NO-PREPAY                                                       0           0           0               0
     1103639965       SFR                               1     2ND       PURCHASE              N                              7.75                 7.75              112800             112695.14              12/1/2006             11/1/2036                   763.23      360      80     IL                   2/1/2007        Y                 141000                   1          0             763.23                                                                               60073          12/22/2006              8      SB2640_BALLOON                                   0            141001                             21150      95                        680               0     1YR                                                             0           0           0               0
     1103639967       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              379900              379492.9              12/1/2006             11/1/2036                  2430.11      360     100     CA                   2/1/2007        Y                 385000                   1          0            2430.11                                                                               91737          12/22/2006              1      PB0440_BALLOON                                  35            379900                                 0     100                        801           47.69     1YR                                                             0           0           0               0
     1103639968       PUD                               1     OO        REFI                  N                               6.5                  6.5              524000             523074.68              11/1/2006             10/1/2036                  3067.79      360      80     CA                   2/1/2007        Y                 655000                   1          0            3067.79                                                                               94513          12/22/2006              8      SB1640_BALLOON                                   0                 0                             65000   89.93                        741               0     1YR                                                             0           0           0               0
     1103639970       SFR                               1     OO        REFI                  Y                             6.875                6.875              140000             139889.21               1/1/2007             12/1/2036                   857.32      360    58.1     NJ                   2/1/2007        Y                 241000                   1          0             857.32                                                                               08244          12/22/2006              8      SB1640_BALLOON                                   0                 0                                 0    58.1                        725               0     NO-PREPAY                                                       0           0           0               0
     1103639971       SFR                               1     OO        REFI                  N                               6.5                  6.5              276800             276556.93               1/1/2007             12/1/2036                  1620.54      360   79.09     NV                   2/1/2007        Y                 350000                   1          0            1620.54                                                                               89434          12/22/2006              2      PB1640_BALLOON                                   0                 0                                 0   79.09                        665           45.97     3YR                                                             0           0           0               0
     1103639972       SFR                               1     OO        PURCHASE              N                             6.375                6.375              239200             238982.58               1/1/2007             12/1/2036                  1379.17      360      80     NV                   2/1/2007        Y                 305000                   1          0            1379.17                                                                               89434          12/22/2006              2      PB0640_BALLOON                                   0            299000                                 0      80                        763           44.87     3YR                                                             0           0           0               0
     1103639973       CONDO                             1     OO        PURCHASE              N                              6.75                 6.75              122400              122299.7               1/1/2007             12/1/2036                   738.51      360      80     NV                   2/1/2007        Y                 155000                   1          0             738.51                                                                               89502          12/22/2006              2      PB0640_BALLOON                                   0            153000                             30600     100                        682           42.93     3YR                                                             0           0           0               0
     1103640007       SFR                               1     OO        REFI                  N                             5.675                5.675              790000                790000               2/1/2007              1/1/2037                  3736.04      360    68.7     CA                   2/1/2007        N                1150000                   1          3            3736.04                                                                               93035          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    68.7                        715           35.92     3YR                                         1/1/2012            6           3           1               3
     1103640039       PUD                               1     OO        REFI                  Y                             6.875                6.875               95000                 95000               1/1/2007             12/1/2036                   544.27      360   51.36     NJ                   2/1/2007        N                 185000                   1       2.25             544.27                                                                               08757          12/28/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   51.36                        719               0     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640040       PUD                               1     OO        REFI                  Y                              6.25                 6.25              133000              132977.3              12/1/2006             11/1/2036                   692.71      360   57.09     AZ                   2/1/2007        N                 233000                   1       2.25             692.71                                                                               85746          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   57.09                        752           36.19     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640041       SFR                               1     OO        REFI                  N                             6.375                6.375              162400             162334.87              12/1/2006             11/1/2036                   862.75      360      80     UT                   2/1/2007        N                 203000                   1       2.25             862.75                                                                               84065          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        735           44.44     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640042       PUD                               1     OO        REFI                  Y                              6.25                 6.25              165000             164527.88              12/1/2006             11/1/2036                  1015.93      360   71.74     AL                   2/1/2007        N                 230000                   1       2.25            1015.93                                                                               36526          12/28/2006              2      XA0605D_ARM                                      0                 0                                 0   71.74                        802           25.57     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103640043       PUD                               1     OO        PURCHASE              N                             6.875                6.875              170000                170000              12/1/2006             11/1/2036                   973.96      360   73.92     GA                   2/1/2007        N                 233000                   1       2.25             973.96                                                                               30043          12/28/2006             12      SA0605EI_ARM-INTONLY                             0            230000                                 0   73.92                        804               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640044       SFR                               1     NOO       REFI                  Y                             7.625                7.625              171700                171700               1/1/2007             12/1/2036                  1091.01      360   53.66     MD                   2/1/2007        N                 320000                   1       2.25            1091.01                                                                               20743          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   53.66                        739           37.42     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640045       PUD                               1     OO        REFI                  Y                               6.5                  6.5              186000                186000              11/1/2006             10/1/2036                   1007.5      360   77.83     VA                   2/1/2007        N                 239000                   1       2.25             1007.5                                                                               22408          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   77.83                        686           43.07     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103640046       PUD                               1     OO        REFI                  Y                              6.25                 6.25              188500                188500              12/1/2006             11/1/2036                   981.77      360   74.81     AZ                   2/1/2007        N                 252000                   1       2.25             981.77                                                                               85226          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.81                        732           26.95     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640047       PUD                               1     OO        REFI                  N                              6.25                 6.25              196000                196000              12/1/2006             11/1/2036                  1020.83      360      80     AZ                   2/1/2007        N                 245000                   1       2.25            1020.83                                                                               85339          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             47996    99.6                        756           34.52     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640048       PUD                               1     OO        PURCHASE              N                             5.875                5.875              201600                201600              12/1/2006             11/1/2036                      987      360      80     AZ                   2/1/2007        N                 255000                   1       2.25                987                                                                               85250          12/28/2006              1      PA0605EI_ARM-INTONLY                             0            252000                             50400     100                        751           43.35     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640049       SFR                               1     OO        REFI                  Y                             6.625                6.625              204000                204000              12/1/2006             11/1/2036                  1126.25      360      80     CO                   2/1/2007        N                 255000                   1       2.25            1126.25                                                                               80645          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             51000     100                        682           47.47     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640050       SFR                               1     OO        REFI                  Y                             6.125                6.125              220000                220000              12/1/2006             11/1/2036                  1122.92      360      80     MD                   2/1/2007        N                 275000                   1       2.25            1122.92                                                                               20659          12/28/2006             17      PA1603EI_ARM-INTONLY                             0                 0                             27500      90                        666           27.03     NO-PREPAY                                  11/1/2009            5           3           1            2.25
     1103640051       SFR                               1     OO        REFI                  Y                                 7                    7              224000                224000               1/1/2007             12/1/2036                  1306.67      360      80     MN                   2/1/2007        N                 280000                   1       2.25            1306.67                                                                               56442          12/28/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        663           48.05     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640052       PUD                               1     NOO       PURCHASE              N                              7.75                 7.75              230320                230320              12/1/2006             11/1/2036                  1487.48      360      80     MD                   2/1/2007        N                 295000                   1       2.25            1487.48                                                                               20876          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            287900                                 0      80                        716           54.23     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103640053       SFR                               1     OO        REFI                  Y                               6.5                  6.5              238500             237849.65              12/1/2006             11/1/2036                  1507.49      360   78.98     NV                   2/1/2007        N                 302000                   1       2.25            1507.49                                                                               89131          12/28/2006              1      PA0605E_ARM                                      0                 0                                 0   78.98                        683          34.001     NO-PREPAY                                  11/1/2011            5           3           1            2.25
     1103640054       SFR                               1     OO        REFI                  Y                             6.625                6.625              262500                262500              12/1/2006             11/1/2036                  1449.22      360      75     IL                   2/1/2007        N                 350000                   1       2.25            1449.22                                                                               60706          12/28/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        731           33.39     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640055       CONDO                             1     OO        REFI                  Y                             6.875                6.875              264000                264000              12/1/2006             11/1/2036                   1512.5      360      80     MD                   2/1/2007        N                 330000                   1       2.25             1512.5                                                                               20877          12/28/2006             17      PA1605EI_ARM-INTONLY                             0                 0                             23001   86.97                        662           44.69     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640056       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              276000                276000               1/1/2007             12/1/2036                   1667.5      360      80     NV                   2/1/2007        N                 390000                   1       2.25             1667.5                                                                               89123          12/28/2006             12      SA0605EI_ARM-INTONLY                             0            345000                                 0      80                        789               0     1YR                                        12/1/2011            5           5           2            2.25
     1103640057       TOWNHOUSE                         1     OO        REFI                  Y                             7.375                7.375              293000                293000               1/1/2007             12/1/2036                  1800.73      360   73.25     MA                   2/1/2007        N                 400000                   1       2.25            1800.73                                                                               02127          12/28/2006             17      PA1605EI_ARM-INTONLY                             0                 0                             26160   79.79                        645           47.36     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640058       PUD                               1     OO        REFI                  Y                              6.75                 6.75              300000                300000              12/1/2006             11/1/2036                   1687.5      360   66.67     MN                   2/1/2007        N                 450000                   1       2.25             1687.5                                                                               55126          12/28/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0   66.67                        816              45     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640059       CONDO                             1     NOO       REFI                  Y                                 7                    7              303000             302501.81               1/1/2007             12/1/2036                  2015.87      360   45.91     CA                   2/1/2007        N                 660000                   1       2.25            2015.87                                                                               94539          12/28/2006             12      XA0605E_ARM                                      0                 0                                 0   45.91                        702               0     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640061       SFR                               1     OO        REFI                  Y                              6.75                 6.75              320000             319699.44              12/1/2006             11/1/2036                     1800      360      80     MD                   2/1/2007        N                 400000                   1       2.25               1800                                                                               21403          12/28/2006              1      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        628           36.58     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640062       SFR                               1     OO        REFI                  Y                             6.875                6.875              323000                323000              11/1/2006             10/1/2036                  1850.52      360   79.76     IL                   2/1/2007        N                 405000                   1       2.25            1850.52                                                                               60046          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.76                        754           36.88     NO-PREPAY                                  10/1/2011            5           5           1            2.25
     1103640064       SFR                               1     OO        REFI                  Y                             6.875                6.875              348000                348000               1/1/2007             12/1/2036                  1993.75      360      80     MD                   2/1/2007        N                 435000                   1       2.25            1993.75                                                                               20906          12/28/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        647           44.13     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640066       PUD                               1     OO        PURCHASE              N                                 6                    6              356000                356000              12/1/2006             11/1/2036                     1780      360      80     VA                   2/1/2007        N                 465000                   1       2.25               1780                                                                               22406          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            445000                             44500      90                        754           49.97     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640067       PUD                               1     OO        PURCHASE              N                             6.375                6.375              364000                364000              12/1/2006             11/1/2036                  1933.75      360      80     MD                   2/1/2007        N                 460000                   1       2.25            1933.75                                                                               20879          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            455000                             91000     100                        685           47.29     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640068       SFR                               1     OO        REFI                  Y                             7.125                7.125              365000                365000              12/1/2006             11/1/2036                  2167.19      360    78.5     NJ                   2/1/2007        N                 465000                   1       2.25            2167.19                                                                               07036          12/28/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0    78.5                        799               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640069       CONDO                             1     NOO       PURCHASE              N                              6.25                 6.25              380000                380000              12/1/2006             11/1/2036                  1979.17      360   50.67     CA                   2/1/2007        N                 750000                   1       2.25            1979.17                                                                               93463          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            750000                                 0   50.67                        676           31.83     3YR                                        11/1/2011            5           5           1            2.25
     1103640070       2-4FAMILY                         2     OO        PURCHASE              N                             6.875                6.875              384000                384000               1/1/2007             12/1/2036                     2200      360      80     NY                   2/1/2007        N                 540000                   1       2.25               2200                                                                               10461          12/28/2006             17      PA0605EI_ARM-INTONLY                             0            480000                             47952   89.99                        754          27.926     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640072       2-4FAMILY                         2     NOO       PURCHASE              N                              7.25                 7.25              520000                520000               1/1/2007             12/1/2036                  3141.67      360      80     NY                   2/1/2007        N                 650000                   1       2.25            3141.67                                                                               11413          12/28/2006              8      SA0603EI_ARM-INTONLY                             0            650000                                 0      80                        757               0     NO-PREPAY                                  12/1/2009            5           3           1            2.25
     1103640073       PUD                               1     OO        REFI                  Y                                 7                    7              544000                544000               1/1/2007             12/1/2036                  3173.33      360      80     NC                   2/1/2007        N                 680000                   1       2.25            3173.33                                                                               27513          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             49980   87.35                        645              47     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640074       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              560000                560000              12/1/2006             11/1/2036                     3150      360      80     MD                   2/1/2007        N                 700000                   1       2.25               3150                                                                               20814          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            710000                            140000     100                        727           42.21     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640075       SFR                               1     OO        REFI                  Y                              6.25                 6.25              612000                612000               1/1/2007             12/1/2036                   3187.5      360   66.53     CA                   2/1/2007        N                 920000                   1       2.25             3187.5                                                                               92646          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   66.53                        732           51.93     1YR                                        12/1/2011            5           5           1            2.25
     1103640076       SFR                               1     OO        REFI                  Y                             6.875                6.875              651000                651000              12/1/2006             11/1/2036                  3729.69      360      70     FL                   2/1/2007        N                 930000                   1       2.25            3729.69                                                                               32211          12/28/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        734           31.41     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640077       SFR                               1     OO        REFI                  N                             6.125                6.125              738575                738575              12/1/2006             11/1/2036                  3769.81      360   53.72     MA                   2/1/2007        N                1375000                   1       2.25            3769.81                                                                               02459          12/28/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   53.72                        796               0     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103640078       2-4FAMILY                         2     NOO       PURCHASE              N                             7.625                7.625              169200                169200              12/1/2006             11/1/2036                  1075.13      360   89.06     NJ                   2/1/2007        N                 198000                   1       2.25            1075.13                                                                               08322          12/29/2006              2      XA1605DI_ARM-INTONLY                            25            190000                                 0   89.06                        673           45.55     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103640089       SFR                               1     NOO       REFI                  Y                                 8                    8              164800             164799.15               2/1/2007              1/1/2037                  1098.67      360      80     MN                   2/1/2007        N                 206000                   1          3            1098.67                                                                               55106          12/20/2006              8      SA2607EI_ARM-INTONLY                             0                 0                                 0      80                        668               0     3YR                                         1/1/2014            6           3           1               3
     1103640161       SFR                               1     2ND       REFI                  Y                             7.375                7.375              275000             274790.74               2/1/2007              1/1/2037                  1899.36      360   78.58     AZ                   2/1/2007        N                 350000                   1          0            1899.36                                                                               85344          12/29/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0   78.58                        665               0     3YR                                                             0           0           0               0
     1103640175       SFR                               1     OO        REFI                  Y                              7.68                 7.68              262500                262500               2/1/2007              1/1/2037                     1680      360   74.58     VA                   2/1/2007        N                 352000                   1          0               1680                                                                               23456            1/2/2007             17      PF0630I_FIX-INTONLY                              0                 0                                 0   74.58                        715           43.74     3YR                                                             0           0           0               0
     1103640179       SFR                               1     OO        REFI                  Y                             6.875                6.875              165000                165000               2/1/2007              1/1/2037                   945.31      360   38.38     FL                   2/1/2007        N                 430000                   1          0             945.31                                                                               34120          12/19/2006             12      SF1630I_FIX-INTONLY                              0                 0                                 0   38.38                        723           38.38     3YR                                                             0           0           0               0
     1103640181       SFR                               1     NOO       PURCHASE              N                             8.125                8.125              146400             146304.23               2/1/2007              1/1/2037                  1087.02      360      80     MO                   2/1/2007        N                 183000                   1          3            1087.02                                                                               64139          12/27/2006              7      SA0605E_ARM                                      0            183000                                 0      80                        758               0     3YR                                         1/1/2012            6           3           1               3
     1103640210       CONDO                             1     NOO       REFI                  Y                               6.5                  6.5              120000                120000               2/1/2007              1/1/2037                      650      360   74.54     MD                   2/1/2007        N                 161000                   1          3                650                                                                               20784            1/2/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.54                        697           37.03     2YR                                         1/1/2012            6           3           1               3
     1103640216       SFR                               1     NOO       REFI                  Y                             6.125                6.125              159250             158708.22               2/1/2007              1/1/2022                  1354.62      180      65     CA                   2/1/2007        N                 245000                   1          0            1354.62                                                                               95322            1/4/2007              2      PF0615_FIXEDRATE                                 0                 0                                 0      65                        772           54.84     NO-PREPAY                                                       0           0           0               0
     1103640221       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              245000             244778.51               2/1/2007              1/1/2037                  1548.57      360   68.06     CA                   2/1/2007        N                 360000                   1          0            1548.57                                                                               92346          12/22/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   68.06                        781           32.79     NO-PREPAY                                                       0           0           0               0
     1103640283       PUD                               1     OO        PURCHASE              N                             5.875                5.875              556500             555932.62               2/1/2007              1/1/2037                  3291.91      360   76.76     AZ                   2/1/2007        N                 725000                   1          0            3291.91                                                                               85396            1/2/2007              1      PF1630_FIXEDRATE                                 0            724987                                 0   76.76                        669            42.5     NO-PREPAY                                                       0           0           0               0
     1103640284       2-4FAMILY                         2     NOO       PURCHASE              N                             7.375                7.375               70250                 70250               2/1/2007              1/1/2037                   431.74      360   73.95     WA                   2/1/2007        N                  98000                   1          3             431.74                                                                               98632          12/20/2006              2      PA0605EI_ARM-INTONLY                             0             95000                             20000      95                        735           31.27     1YR                                         1/1/2012            6           3           1               3
     1103640290       2-4FAMILY                         2     NOO       PURCHASE              N                             13.15                13.15               20000              19995.58               2/1/2007              1/1/2022                   223.59      180   21.06     WA                   2/1/2007        Y                  98000                   2          0             223.59                                                                               98632          12/20/2006              2      TB0630_BALLOON                                   0             95000                                 0      95                        735           31.27     NO-PREPAY                                                       0           0           0               0
     1103640293       2-4FAMILY                         2     NOO       PURCHASE              N                             8.125                8.125               94650              94379.49               2/1/2007              1/1/2022                   911.37      180   79.98     UT                   2/1/2007        N                 133000                   1          0             911.37                                                                               84401          12/29/2006             17      PF0615_FIXEDRATE                                 0            118350                                 0   79.98                        695           21.74     NO-PREPAY                                                       0           0           0               0
     1103640317       HI-RISE                           1     OO        PURCHASE              N                             7.375                7.375              634500                634500               2/1/2007              1/1/2037                  3899.53      360      75     AL                   2/1/2007        N                 846000                   1          3            3899.53                                                                               36542          12/29/2006              7      SA1605EI_ARM-INTONLY                             0            846000                            200000   98.65                        765               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103640333       SFR                               1     OO        REFI                  Y                                 6                    6              170000                170000               2/1/2007              1/1/2037                      850      360   70.84     CA                   2/1/2007        N                 240000                   1          0                850                                                                               92314            1/3/2007              1      PF0630I_FIX-INTONLY                              0                 0                                 0   70.84                        684           34.51     3YR                                                             0           0           0               0
     1103640349       SFR                               1     OO        REFI                  Y                              8.25                 8.25              525000                525000               2/1/2007              1/1/2037                  3609.38      360      75     FL                   2/1/2007        N                 700000                   1          3            3609.38                                                                               32503          12/21/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      75                        620               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     1103640467       CONDO                             1     NOO       REFI                  Y                             7.875                7.875              140250                140250               1/1/2007             12/1/2036                   920.39      360      75     FL                   2/1/2007        N                 187000                   1       2.25             920.39                                                                               33196          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             37400      95                        692              35     3YR                                        12/1/2011            5           5           1           2.875
     1103640468       CONDO                             1     NOO       REFI                  Y                             7.875                7.875              152250                152250               1/1/2007             12/1/2036                   999.14      360      75     FL                   2/1/2007        N                 203000                   1       2.25             999.14                                                                               33193          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             40600      95                        692              38     3YR                                        12/1/2011            5           5           1            2.25
     1103640469       HI-RISE                           1     OO        PURCHASE              N                              8.75                 8.75              504720                504720               1/1/2007             12/1/2036                  3680.25      360      80     FL                   2/1/2007        N                 642000                   1          5            3680.25                                                                               33139          12/29/2006              8      SA2605EI_ARM-INTONLY                             0            630900                            126180     100                        664               0     6MO                                        12/1/2011            6           6           2               5
     1103640470       PUD                               1     OO        PURCHASE              N                             6.875                6.875              435660                435660               1/1/2007             12/1/2036                  2495.97      360      80     FL                   2/1/2007        N                 550000                   1       2.25            2495.97                                                                               34288          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            544576                             81686      95                        709              33     3YR                                        12/1/2011            6           6           2            2.25
     1103640471       CONDO                             1     OO        REFI                  Y                             7.625                7.625               85000                 85000               2/1/2007              1/1/2037                    540.1      360   79.44     FL                   2/1/2007        N                 107000                   1       2.25              540.1                                                                               33322          12/20/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0   79.44                        723               0     3YR                                         1/1/2012            5           5           2           2.625
     1103640472       SFR                               1     OO        PURCHASE              N                             6.875                6.875              105000              104772.2               1/1/2007             12/1/2036                   689.78      360      75     IL                   2/1/2007        N                 140000                   1       2.25             689.78                                                                               61111          12/20/2006              2      PA0605E_ARM                                      0            140000                             35000     100                        703              37     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640473       SFR                               1     NOO       REFI                  Y                             7.125                7.125              110000                110000               1/1/2007             12/1/2036                   653.12      360    57.6     FL                   2/1/2007        N                 191000                   1       2.25             653.12                                                                               32810          12/20/2006             12      XA2605EI_ARM-INTONLY                             0                 0                                 0    57.6                        666               0     3YR                                        12/1/2011            5           5           1            2.25
     1103640474       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              111750                111750               1/1/2007             12/1/2036                   605.31      360      75     SC                   2/1/2007        N                 149000                   1       2.25             605.31                                                                               29910          12/29/2006              1      PA0605EI_ARM-INTONLY                             0            149000                             37250     100                        764              37     NO-PREPAY                                  12/1/2011            5           5           1            2.25
     1103640476       CONDO                             1     2ND       REFI                  Y                             7.625                7.625              252000                252000               1/1/2007             12/1/2036                  1601.25      360      80     NC                   2/1/2007        N                 315000                   1       2.25            1601.25                                                                               28401          12/20/2006              8      SA2605EI_ARM-INTONLY                             0                 0                             31500      90                        630               0     3YR                                        12/1/2011            5           5           1            2.25
     1103640477       SFR                               1     NOO       PURCHASE              N                             8.375                8.375              113400             113258.55               1/1/2007             12/1/2036                   861.92      360      90     IN                   2/1/2007        N                 126000                   1       2.25             861.92                                                                               46323          12/20/2006             17      PA0605E_ARM                                     25            126000                                 0      90                        773              41     2YR                                        12/1/2011            5           5           1           3.375
     1103640478       SFR                               1     NOO       PURCHASE              N                             8.375                8.375              125900             125742.95               1/1/2007             12/1/2036                   956.93      360      90     IN                   2/1/2007        N                 140000                   1       2.25             956.93                                                                               46410          12/20/2006             17      PA0605E_ARM                                     25            139900                                 0      90                        773              40     2YR                                        12/1/2011            5           5           1            2.25
     1103640480       2-4FAMILY                         3     NOO       REFI                  Y                               7.5                  7.5              329000                329000               1/1/2007             12/1/2036                  2056.25      360      70     FL                   2/1/2007        N                 470000                   1       2.25            2056.25                                                                               33135          12/20/2006              8      SA1607EI_ARM-INTONLY                             0                 0                             94000      90                        768               0     6MO                                        12/1/2013            5           5           1            2.25
     1103640481       SFR                               1     NOO       REFI                  Y                             6.375                6.375              415500                415500               1/1/2007             12/1/2036                  2207.34      360   62.49     SC                   2/1/2007        N                 665000                   1       2.25            2207.34                                                                               29575          12/20/2006             12      XA1605EI_ARM-INTONLY                             0                 0                            183000      90                        694               0     6MO                                        12/1/2011            5           5           1            2.25
     1103640482       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              243992             243927.19               1/1/2007             12/1/2036                  1296.21      360      80     FL                   2/1/2007        N                 308000                   1       2.25            1296.21                                                                               33178          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            304990                             60998     100                        771              48     3YR                                        12/1/2011            5           5           1            2.25
     1103640483       SFR                               1     OO        PURCHASE              N                             7.875                7.875              334400                334400               2/1/2007              1/1/2037                   2194.5      360   79.72     FL                   2/1/2007        N                 423000                   1       2.75             2194.5                                                                               33189          12/29/2006              8      SA2605EI_ARM-INTONLY                             0            419494                             83600   99.65                        648               0     NO-PREPAY                                   1/1/2012            6           6           2           7.875
     1103640484       CONDO                             1     NOO       PURCHASE              N                                 8                    8              132000             131822.27               1/1/2007             12/1/2036                   968.57      360      80     FL                   2/1/2007        N                 167000                   1       2.25             968.57                                                                               34747          12/20/2006              8      XA1605D_ARM                                      0            165000                             16500      90                        644               0     3YR                                        12/1/2011            5           5           2            2.25
     1103640485       CONDO                             1     NOO       PURCHASE              N                                 8                    8              124000             123833.04               1/1/2007             12/1/2036                   909.87      360      80     FL                   2/1/2007        N                 159000                   1       2.25             909.87                                                                               34747          12/20/2006              8      XA1605D_ARM                                      0            155000                             15500      90                        644               0     3YR                                        12/1/2011            5           5           2            2.25
     1103640486       PUD                               1     OO        PURCHASE              N                                 7                    7              307200                307200              12/1/2006             11/1/2036                     1792      360      80     FL                   2/1/2007        N                 410000                   1       2.75               1792                                                                               33327          12/20/2006              8      SA2605EI_ARM-INTONLY                             0            384000                             76800     100                        658               0     3YR                                        11/1/2011            6           6           2            2.75
     1103640498       HI-RISE                           1     2ND       PURCHASE              N                             6.125                6.125              570500             568559.11               2/1/2007              1/1/2022                  4852.82      180      70     NV                   2/1/2007        N                 815000                   1          0            4852.82                                                                               89109            1/2/2007              2      PF0615_FIXEDRATE                                 0            815000                                 0      70                        773           23.02     NO-PREPAY                                                       0           0           0               0
     1103640520       SFR                               1     NOO       REFI                  Y                                 6                    6              190000                190000               2/1/2007              1/1/2037                      950      360    69.1     AZ                   2/1/2007        N                 275000                   1          3                950                                                                               85301          12/29/2006             17      PA0603EI_ARM-INTONLY                             0                 0                                 0    69.1                        722           22.58     2YR                                         1/1/2010            6           3           1               3
     1103640545       SFR                               1     OO        REFI                  Y                                 6                    6              192000             191808.86               2/1/2007              1/1/2037                  1151.14      360    51.2     CA                   2/1/2007        N                 375000                   1          0            1151.14                                                                               92551          12/29/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0    51.2                        635           34.48     1YR                                                             0           0           0               0
     1103640574       SFR                               1     OO        REFI                  Y                                 6                    6              243000             242758.09               2/1/2007              1/1/2037                  1456.91      360   42.27     CA                   2/1/2007        N                 575000                   1          3            1456.91                                                                               92805          12/18/2006              2      PA1605E_ARM                                      0                 0                                 0   42.27                        646           40.54     3YR                                         1/1/2012            6           3           1               3
     1103640579       SFR                               1     NOO       REFI                  N                              6.75                 6.75              150000             149870.85               2/1/2007              1/1/2037                    972.9      360      75     CO                   2/1/2007        N                 200000                   1          3              972.9                                                                               80229            1/2/2007              1      PA0605E_ARM                                      0                 0                             40000      95                        698           25.05     3YR                                         1/1/2012            6           3           1               3
     1103640611       2-4FAMILY                         2     NOO       REFI                  Y                              7.25                 7.25              436200                436200               2/1/2007              1/1/2037                  2635.38      360   69.02     CA                   2/1/2007        N                 632000                   1          0            2635.38                                                                               91706          12/29/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   69.02                        681           28.91     1YR                                                             0           0           0               0
     1103640614       SFR                               1     OO        PURCHASE              N                             6.625                6.625              248000             247999.06               2/1/2007              1/1/2037                  1369.17      360      80     CA                   2/1/2007        N                 317500                   1          3            1369.17                                                                               93308          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            310000                             62000     100                        659           44.74     3YR                                         1/1/2012            6           3           1               3
     1103640623       SFR                               1     NOO       REFI                  N                            12.125               12.125               60150              60133.27               2/1/2007              1/1/2022                    624.5      180      15     CA                   2/1/2007        Y                 401000                   2          0              624.5                                                                               95355          12/29/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        741            40.9     NO-PREPAY                                                       0           0           0               0
     1103640673       SFR                               1     OO        REFI                  Y                             6.625                6.625              500000              496731.9               1/1/2007             12/1/2021                  4389.97      180   76.93     CA                   2/1/2007        N                 650000                   1          0            4389.97                                                                               94564          12/20/2006              8      SF1615_FIXEDRATE                                 0                 0                             85023   90.01                        776               0     NO-PREPAY                                                       0           0           0               0
     1103640674       SFR                               1     NOO       REFI                  Y                                 7                    7              250000                250000               1/1/2007             12/1/2036                  1458.33      360   31.65     CA                   2/1/2007        N                 790000                   1          0            1458.33                                                                               94903          12/20/2006             12      XF1630I_FIX-INTONLY                              0                 0                                 0   31.65                        693               0     NO-PREPAY                                                       0           0           0               0
     1103640675       CONDO                             1     NOO       PURCHASE              N                             6.875                6.875              741000             739751.38               1/1/2007             12/1/2036                  4867.84      360      65     CA                   2/1/2007        N                1150000                   1          0            4867.84                                                                               94920          12/20/2006              2      PF0630_FIXEDRATE                                 0           1140000                             92910   73.15                        787            34.7     NO-PREPAY                                                       0           0           0               0
     1103640676       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              539000                539000               1/1/2007             12/1/2036                  3031.88      360   64.94     CA                   2/1/2007        N                 830000                   1          0            3031.88                                                                               94080          12/20/2006             12      XF2630I_FIX-INTONLY                              0                 0                                 0   64.94                        672               0     NO-PREPAY                                                       0           0           0               0
     1103640677       SFR                               1     OO        REFI                  N                             6.375                6.375              540000             538997.04               1/1/2007             12/1/2036                   3368.9      360   36.62     CA                   2/1/2007        N                1475000                   1          0             3368.9                                                                               94952          12/20/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   36.62                        786           30.69     NO-PREPAY                                                       0           0           0               0
     1103640678       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              576000             574904.09               1/1/2007             12/1/2036                  3546.53      360      80     CA                   2/1/2007        N                 720000                   1          0            3546.53                                                                               94602          12/20/2006              1      PF0630_FIXEDRATE                                 0            720000                             72000      90                        779           33.22     NO-PREPAY                                                       0           0           0               0
     1103640679       SFR                               1     OO        REFI                  N                               6.5                  6.5              422000             421598.92               1/1/2007             12/1/2036                  2285.83      360   78.15     CA                   2/1/2007        N                 540000                   1          0            2285.83                                                                               95834          12/20/2006              1      PF1630I_FIX-INTONLY                              0                 0                                 0   78.15                        677           44.52     NO-PREPAY                                                       0           0           0               0
     1103640680       SFR                               1     2ND       REFI                  Y                             7.125                7.125              225000             224639.07               1/1/2007             12/1/2036                  1515.87      360    57.7     CA                   2/1/2007        N                 390000                   1          0            1515.87                                                                               93536          12/28/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0    57.7                        645           44.32     NO-PREPAY                                                       0           0           0               0
     1103640681       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              165000             164715.08               1/1/2007             12/1/2036                  1070.19      360   40.74     CA                   2/1/2007        N                 440000                   1          0            1070.19                                                                               90280          12/20/2006             12      SF1630_FIXEDRATE                                 0            405007                                 0   40.74                        701               0     NO-PREPAY                                                       0           0           0               0
     1103640682       SFR                               1     OO        REFI                  N                             6.875                6.875              244000             243995.82               1/1/2007             12/1/2036                  1397.92      360   71.98     CA                   2/1/2007        N                 339000                   1          0            1397.92                                                                               93291          12/28/2006             12      SF2630I_FIX-INTONLY                              0                 0                                 0   71.98                        671               0     NO-PREPAY                                                       0           0           0               0
     1103640683       CONDO                             1     NOO       PURCHASE              N                             8.625                8.625              307900                307900               1/1/2007             12/1/2036                  2213.03      360   79.99     NV                   2/1/2007        N                 410000                   1          0            2213.03                                                                               89109          12/20/2006              2      PF0630I_FIX-INTONLY                              0            384923                                 0   79.99                        754           43.44     NO-PREPAY                                                       0           0           0               0
     1103640685       PUD                               1     OO        REFI                  Y                               6.5                  6.5              200000                200000               1/1/2007             12/1/2036                  1083.33      360    63.5     NV                   2/1/2007        N                 315000                   1          0            1083.33                                                                               89011          12/20/2006             12      SF1630I_FIX-INTONLY                              0                 0                                 0    63.5                        727               0     3YR                                                             0           0           0               0
     1103640686       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              264000             263544.12               1/1/2007             12/1/2036                   1712.3      360      80     CA                   2/1/2007        N                 330000                   1          0             1712.3                                                                               92583          12/20/2006              2      PF0630_FIXEDRATE                                 0            330000                             66000     100                        713            44.5     NO-PREPAY                                                       0           0           0               0
     1103640687       SFR                               1     OO        REFI                  Y                                 6                    6             1100000            1092416.23               1/1/2007             12/1/2021                  9282.43      180    19.3     CA                   2/1/2007        N                5700000                   1          0            9282.43                                                                               94062          12/28/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0    19.3                        761           36.87     NO-PREPAY                                                       0           0           0               0
     1103640688       PUD                               1     OO        REFI                  N                               6.5                  6.5              637000                627000               1/1/2007             12/1/2036                  3450.42      360    55.4     CA                   2/1/2007        N                1150000                   1          0            3450.42                                                                               94568          12/20/2006              2      PF0630I_FIX-INTONLY                              0                 0                            235986   75.92                        813            43.9     NO-PREPAY                                                       0           0           0               0
     1103640689       SFR                               1     OO        REFI                  Y                               6.5                  6.5              470000                470000               1/1/2007             12/1/2036                  2545.83      360   52.23     CA                   2/1/2007        N                 900000                   1          0            2545.83                                                                               95682          12/20/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   52.23                        767           38.15     NO-PREPAY                                                       0           0           0               0
     1103640690       2-4FAMILY                         2     NOO       REFI                  N                              6.25                 6.25               78500              78235.77               2/1/2007              1/1/2022                   673.08      180   14.28     CA                   2/1/2007        N                 550000                   1          0             673.08                                                                               90011          12/21/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   14.28                        779           44.42     NO-PREPAY                                                       0           0           0               0
     1103640694       SFR                               1     OO        REFI                  Y                             6.625                6.625              130000             129576.32               2/1/2007              1/1/2022                  1141.39      180   31.33     CA                   2/1/2007        N                 415000                   1          0            1141.39                                                                               90044          12/29/2006              7      SF0615_FIXEDRATE                                 0                 0                                 0   31.33                        707               0     3YR                                                             0           0           0               0
     1103640696       SFR                               1     OO        REFI                  Y                             6.375                6.375              220000                220000               2/1/2007              1/1/2037                  1168.75      360      50     CA                   2/1/2007        N                 440000                   1          3            1168.75                                                                               91706          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      50                        682           40.91     1YR                                         1/1/2012            6           3           1               3
     1103640757       SFR                               1     OO        REFI                  Y                             6.875                6.875              488000                488000               1/1/2007             12/1/2036                  2795.83      360      80     CA                   2/1/2007        N                 610000                   1       3.25            2795.83                                                                               94565          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        740           38.76     3YR                                        12/1/2011            5           5           1            3.25
     1103640758       PUD                               1     2ND       PURCHASE              N                               6.5                  6.5              470000             268916.67               1/1/2007             12/1/2036                  2545.83      360   54.03     VA                   2/1/2007        N                 920000                   1       3.25            2545.83                                                                               22033          12/28/2006             12      BA2605EI_ARM-INTONLY                             0            870000                                 0   54.03                                          0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640759       PUD                               1     OO        PURCHASE              N                             6.875                6.875              279600                279600               1/1/2007             12/1/2036                  1601.88      360      80     WA                   2/1/2007        N                 350000                   1       3.25            1601.88                                                                               98001          12/28/2006             12      XA2605EI_ARM-INTONLY                             0            349500                             69900     100                        677               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640760       2-4FAMILY                         3     NOO       PURCHASE              N                                 8                    8              396000                396000               1/1/2007             12/1/2036                     2640      360      80     CA                   2/1/2007        N                 495000                   1       3.25               2640                                                                               90044          12/28/2006             12      XA2605EI_ARM-INTONLY                             0            495000                             49500      90                        664               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640761       SFR                               1     OO        REFI                  Y                             6.125                6.125              352500                352500               1/1/2007             12/1/2036                  1799.22      360      75     VA                   2/1/2007        N                 470000                   1       3.25            1799.22                                                                               20164          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      75                        677           47.73     3YR                                        12/1/2011            5           5           1            3.25
     1103640763       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              452000                452000               1/1/2007             12/1/2036                     2825      360      80     VA                   2/1/2007        N                 565000                   1       3.25               2825                                                                               22312          12/28/2006             12      XA2605EI_ARM-INTONLY                             0            565000                            113000     100                        667               0     3YR                                        12/1/2011            5           5           1            3.25
     1103640764       PUD                               1     OO        PURCHASE              N                             6.875                6.875              248000                248000               2/1/2007              1/1/2037                  1420.83      360      80     FL                   2/1/2007        N                 322000                   1       3.25            1420.83                                                                               34786          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            310000                             46500      95                        650           35.72     NO-PREPAY                                   1/1/2012            5           5           1            3.25
     1103640765       SFR                               1     OO        REFI                  Y                              6.75                 6.75              250000             249906.25               1/1/2007             12/1/2036                  1406.25      360   51.03     CA                   2/1/2007        N                 490000                   1       3.25            1406.25                                                                               93033          12/28/2006              8      SA2607EI_ARM-INTONLY                             0                 0                                 0   51.03                        628               0     3YR                                        12/1/2013            5           5           1            3.25
     1103640768       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              256000                256000               1/1/2007             12/1/2036                  1333.33      360      80     VA                   2/1/2007        N                 327000                   1       3.25            1333.33                                                                               22003          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            320000                             64000     100                        683           43.85     3YR                                        12/1/2011            5           5           1            3.25
     1103640769       TOWNHOUSE                         1     OO        REFI                  Y                              6.75                 6.75              360000                360000               1/1/2007             12/1/2036                     2025      360      80     VA                   2/1/2007        N                 450000                   1       3.25               2025                                                                               20164          12/28/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0      80                        627               0     1YR                                        12/1/2011            5           5           1            3.25
     1103640771       2-4FAMILY                         4     OO        PURCHASE              N                             7.625                7.625              360000             359477.22               1/1/2007             12/1/2036                  2548.06      360      80     NJ                   2/1/2007        N                 450000                   1       3.25            2548.06                                                                               07503          12/28/2006              8      SA2607E_ARM                                      0            450000                             90000     100                        679               0     NO-PREPAY                                  12/1/2013            5           5           1            3.25
     1103640773       SFR                               1     OO        PURCHASE              N                             6.625                6.625              184800                184800               1/1/2007             12/1/2036                  1020.25      360      80     AZ                   2/1/2007        N                 231000                   1       3.25            1020.25                                                                               85345          12/28/2006              8      SA0605EI_ARM-INTONLY                             0            231000                             46200     100                        708               0     1YR                                        12/1/2011            5           5           1            3.25
     1103640776       SFR                               1     OO        REFI                  N                             6.625                6.625              480000                480000               1/1/2007             12/1/2036                     2650      360   68.58     VA                   2/1/2007        N                 700000                   1       3.25               2650                                                                               20121          12/28/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   68.58                        704               0     3YR                                        12/1/2011            5           5           1            3.25
     1103640777       PUD                               1     OO        PURCHASE              N                             6.625                6.625              255200                255200               1/1/2007             12/1/2036                  1408.92      360      80     GA                   2/1/2007        N                 320000                   1       3.25            1408.92                                                                               30024          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            319000                             63800     100                        755          38.549     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640779       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              480000                480000               1/1/2007             12/1/2036                     2900      360      80     MD                   2/1/2007        N                 605000                   1       3.25               2900                                                                               20705          12/28/2006              8      SA2605EI_ARM-INTONLY                             0            600000                             90000      95                        636               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640780       TOWNHOUSE                         1     OO        PURCHASE              N                             7.375                7.375              335200                335200               1/1/2007             12/1/2036                  2060.08      360      80     VA                   2/1/2007        N                 430000                   1       3.25            2060.08                                                                               22031          12/28/2006              8      SA2605EI_ARM-INTONLY                             0            419000                             83800     100                        677               0     3YR                                        12/1/2011            5           5           1            3.25
     1103640781       SFR                               1     OO        PURCHASE              N                                 7                    7              252000                252000               1/1/2007             12/1/2036                     1470      360      80     GA                   2/1/2007        N                 316000                   1       3.25               1470                                                                               30228          12/28/2006              8      SA0605EI_ARM-INTONLY                             0            315000                             63000     100                        694               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640782       CONDO                             1     OO        PURCHASE              N                             7.375                7.375              179900                179900               1/1/2007             12/1/2036                  1105.64      360      80     MD                   2/1/2007        N                 230000                   1       3.25            1105.64                                                                               20877          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            224900                             45002     100                        683           38.78     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640783       SFR                               1     OO        PURCHASE              N                             6.875                6.875              196000                196000               1/1/2007             12/1/2036                  1122.92      360      80     TN                   2/1/2007        N                 245000                   1       3.25            1122.92                                                                               38024          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            245000                             49000     100                        719           41.21     1YR                                        12/1/2011            5           5           1            3.25
     1103640785       PUD                               1     OO        REFI                  Y                             7.375                7.375              257000                257000               1/1/2007             12/1/2036                  1579.48      360   77.88     VA                   2/1/2007        N                 330000                   1       3.25            1579.48                                                                               20164          12/28/2006              8      SA2605EI_ARM-INTONLY                             0                 0                                 0   77.88                        640               0     1YR                                        12/1/2011            5           5           1            3.25
     1103640786       PUD                               1     OO        REFI                  Y                             7.875                7.875              400000                400000               1/1/2007             12/1/2036                     2625      360      80     GA                   2/1/2007        N                 500000                   1       3.25               2625                                                                               30024          12/28/2006             12      SA2605EI_ARM-INTONLY                             0                 0                             50000      90                        671               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640787       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              370400                370400               1/1/2007             12/1/2036                  2237.84      360      80     VA                   2/1/2007        N                 466000                   1       3.25            2237.84                                                                               20151          12/28/2006             12      XA0605EI_ARM-INTONLY                             0            463000                             92600     100                        692               0     3YR                                        12/1/2011            5           5           1            3.25
     1103640788       SFR                               1     OO        PURCHASE              N                             6.875                6.875              424000                424000               1/1/2007             12/1/2036                  2429.17      360      80     VA                   2/1/2007        N                 555000                   1       3.25            2429.17                                                                               22030          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            530000                            106000     100                        671           44.23     1YR                                        12/1/2011            5           5           1            3.25
     1103640789       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              239200                239200               1/1/2007             12/1/2036                  1245.83      360      80     MD                   2/1/2007        N                 315000                   1       3.25            1245.83                                                                               20886          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            299000                             59800     100                        711              40     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640790       PUD                               1     OO        PURCHASE              N                             6.625                6.625              180654                180654               1/1/2007             12/1/2036                   997.36      360      80     GA                   2/1/2007        N                 226000                   1       3.25             997.36                                                                               30519          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            225818                             45164     100                        682          39.244     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640791       TOWNHOUSE                         1     OO        PURCHASE              N                             6.875                6.875              212000                212000               1/1/2007             12/1/2036                  1214.58      360      80     MD                   2/1/2007        N                 284000                   1       3.25            1214.58                                                                               21117          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            265000                             53000     100                        674          34.073     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640792       SFR                               1     OO        PURCHASE              N                             7.125                7.125              480000                480000               1/1/2007             12/1/2036                     2850      360      80     VA                   2/1/2007        N                 600000                   1       3.25               2850                                                                               22042          12/28/2006              8      SA2605EI_ARM-INTONLY                             0            600000                            120000     100                        662               0     3YR                                        12/1/2011            5           5           1            3.25
     1103640795       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              464000                464000               1/1/2007             12/1/2036                  2803.33      360      80     MD                   2/1/2007        N                 580000                   1       3.25            2803.33                                                                               20877          12/28/2006              8      SA0605EI_ARM-INTONLY                             0            580000                            116000     100                        688               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640796       SFR                               1     OO        PURCHASE              N                             6.875                6.875              650000                650000               1/1/2007             12/1/2036                  3723.96      360   79.27     VA                   2/1/2007        N                 820000                   1       3.25            3723.96                                                                               22042          12/28/2006              8      SA2605EI_ARM-INTONLY                             0            820000                            128986      95                        656               0     1YR                                        12/1/2011            5           5           1            3.25
     1103640797       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              184000                184000               1/1/2007             12/1/2036                     1035      360      80     AZ                   2/1/2007        N                 230000                   1       3.25               1035                                                                               85353          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            230000                             46000     100                        732          38.285     1YR                                        12/1/2011            5           5           1            3.25
     1103640799       PUD                               1     OO        PURCHASE              N                             6.625                6.625              194320                194320               1/1/2007             12/1/2036                  1072.81      360   79.98     GA                   2/1/2007        N                 250000                   1       3.25            1072.81                                                                               30043          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            242990                             48574   99.97                        673          37.316     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640802       SFR                               1     OO        PURCHASE              N                              6.75                 6.75               80000              79861.85               1/1/2007             12/1/2036                   518.88      360   45.72     AZ                   2/1/2007        N                 180000                   1       3.25             518.88                                                                               85701          12/28/2006             12      BA2605E_ARM                                      0            175000                                 0   45.72                        667               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640804       PUD                               1     OO        REFI                  Y                             6.125                6.125              240000             239532.27               1/1/2007             12/1/2036                  1458.27      360   64.87     NV                   2/1/2007        N                 370000                   1       3.25            1458.27                                                                               89147          12/28/2006              8      SA0605E_ARM                                      0                 0                                 0   64.87                        706               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640805       2-4FAMILY                         2     OO        PURCHASE              N                             7.375                7.375              367600             367038.86               1/1/2007             12/1/2036                  2538.92      360      80     NJ                   2/1/2007        N                 460000                   1       3.25            2538.92                                                                               07057          12/28/2006              8      SA2605E_ARM                                      0            459500                             91900     100                        667               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640807       2-4FAMILY                         2     OO        PURCHASE              N                              7.75                 7.75              400000             399433.54               1/1/2007             12/1/2036                  2865.65      360      80     NJ                   2/1/2007        N                 512000                   1       3.25            2865.65                                                                               07201          12/28/2006             12      BA2605E_ARM                                      0            500000                            100000     100                        671               0     NO-PREPAY                                  12/1/2011            5           5           1            3.25
     1103640808       TOWNHOUSE                         1     OO        PURCHASE              N                              6.25                 6.25              303440              303439.8               1/1/2007             12/1/2036                  1580.42      360      80     VA                   2/1/2007        N                 390000                   1       3.25            1580.42                                                                               22315          12/28/2006              8      SA2603EI_ARM-INTONLY                             0            379300                             75860     100                        678               0     3YR                                        12/1/2009            6           2           1            3.25
     1103640809       SFR                               1     OO        REFI                  Y                              7.75                 7.75              312000             311558.16               1/1/2007             12/1/2036                  2235.21      360      80     MD                   2/1/2007        N                 390000                   1       3.25            2235.21                                                                               20740          12/28/2006              8      SA2603E_ARM                                      0                 0                             58500      95                        626               0     NO-PREPAY                                  12/1/2009            6           2           1            3.25
     1103640813       2-4FAMILY                         2     OO        REFI                  Y                                 7                    7              588000             587550.65               1/1/2007             12/1/2036                  3654.02      360      80     CA                   2/1/2007        Y                 735000                   1          0            3654.02                                                                               92701          12/28/2006              8      SB0640_BALLOON                                   0                 0                             36456   84.96                        719               0     3YR                                                             0           0           0               0
     1103640814       PUD                               1     OO        PURCHASE              N                                 7                    7              247200             246793.56               1/1/2007             12/1/2036                  1644.63      360      80     TX                   2/1/2007        N                 315000                   1          0            1644.63                                                                               77382          12/28/2006             12      XF0630_FIXEDRATE                                 0            309000                             61800     100                        764               0     3YR                                                             0           0           0               0
     1103640815       PUD                               1     OO        REFI                  Y                             6.875                6.875              340000             339427.07               1/1/2007             12/1/2036                  2233.56      360   66.15     VA                   2/1/2007        N                 514000                   1          0            2233.56                                                                               20164          12/28/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   66.15                        667          38.443     NO-PREPAY                                                       0           0           0               0
     1103640817       CONDO                             1     OO        REFI                  N                             7.375                7.375              200000              199694.7               1/1/2007             12/1/2036                  1381.35      360      80     VA                   2/1/2007        N                 250000                   1          0            1381.35                                                                               22042          12/28/2006              2      PF1630_FIXEDRATE                                 0                 0                             12500      85                        647          45.289     1YR                                                             0           0           0               0
     1103640819       TOWNHOUSE                         1     OO        PURCHASE              N                             6.375                6.375              216305             215903.26               1/1/2007             12/1/2036                  1349.46      360      80     GA                   2/1/2007        N                 277000                   1          0            1349.46                                                                               30097          12/28/2006              2      PF0630_FIXEDRATE                                 0            270385                             54104     100                        697            39.6     NO-PREPAY                                                       0           0           0               0
     1103640820       SFR                               1     OO        PURCHASE              N                             6.875                6.875              531952             531055.62               1/1/2007             12/1/2036                  3494.55      360      80     MD                   2/1/2007        N                 675000                   1          0            3494.55                                                                               21076          12/28/2006              2      PF1630_FIXEDRATE                                 0            664940                                 0      80                        676          38.267     NO-PREPAY                                                       0           0           0               0
     1103640821       SFR                               1     OO        REFI                  Y                               6.5                  6.5              211000             209605.99               1/1/2007             12/1/2021                  1838.04      180    41.3     CA                   2/1/2007        N                 511000                   1          0            1838.04                                                                               91790          12/28/2006              2      PF0615_FIXEDRATE                                 0                 0                                 0    41.3                        684           37.91     1YR                                                             0           0           0               0
     1103640824       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              220000             219806.81               1/1/2007             12/1/2036                     1288      360   45.37     CA                   2/1/2007        Y                 485000                   1          0               1288                                                                               90241          12/28/2006             12      SB0640_BALLOON                                   0                 0                                 0   45.37                        731               0     3YR                                                             0           0           0               0
     1103640894       SFR                               1     OO        REFI                  Y                                 6                    6              577100             576525.49               2/1/2007              1/1/2037                  3460.01      360    67.9     CA                   2/1/2007        N                 850000                   1          0            3460.01                                                                               92886          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0    67.9                        716           24.06     3YR                                                             0           0           0               0
     1103640897       SFR                               1     OO        REFI                  N                             6.375                6.375              500000                500000               2/1/2007              1/1/2037                  2656.25      360   74.08     CA                   2/1/2007        N                 675000                   1          3            2656.25                                                                               95624          12/22/2006              1      PA1605EI_ARM-INTONLY                             0                 0                             80000   85.93                        652           35.97     2YR                                         1/1/2012            6           3           1               3
     1103640921       SFR                               1     OO        PURCHASE              N                             6.125                6.125              169600                169600               2/1/2007              1/1/2037                   865.67      360      80     CO                   2/1/2007        N                 212000                   1          3             865.67                                                                               80013            1/2/2007              2      PA0605EI_ARM-INTONLY                             0            212000                             42400     100                        694           38.41     2YR                                         1/1/2012            6           3           1               3
     1103641010       SFR                               1     NOO       PURCHASE              N                               7.5                  7.5              118400             118312.13               2/1/2007              1/1/2037                   827.87      360      80     GA                   2/1/2007        N                 148000                   1          0             827.87                                                                               30161            1/8/2007             17      PF0630_FIXEDRATE                                 0            148000                                 0      80                        714           22.96     NO-PREPAY                                                       0           0           0               0
     1103641054       SFR                               1     OO        REFI                  Y                             6.875                6.875              273000              272309.3               1/1/2007             12/1/2036                  1793.42      360      65     NJ                   2/1/2007        N                 420000                   1          0            1793.42                                                                               07083          12/19/2006             12      SF0630_FIXEDRATE                                 0                 0                                 0      65                        705               0     NO-PREPAY                                                       0           0           0               0
     1103641055       SFR                               1     NOO       REFI                  N                              6.75                 6.75              450000              448833.3               1/1/2007             12/1/2036                  2918.69      360      75     NJ                   2/1/2007        N                 600000                   1          0            2918.69                                                                               08008          12/19/2006              8      SF0630_FIXEDRATE                                 0                 0                                 0      75                        687               0     NO-PREPAY                                                       0           0           0               0
     1103641056       2-4FAMILY                         3     NOO       REFI                  Y                              8.25                 8.25              480000             479385.74               1/1/2007             12/1/2036                  3606.08      360      80     NY                   2/1/2007        N                 600000                   1          0            3606.08                                                                               10314          12/19/2006              2      BF0230_FIXEDRATE                                 0                 0                             24000      84                        779           43.95     NO-PREPAY                                                       0           0           0               0
     1103641057       SFR                               1     OO        PURCHASE              N                             7.125                7.125              113600             113417.11               1/1/2007             12/1/2036                   765.34      360      80     TX                   2/1/2007        N                 143000                   1          0             765.34                                                                               75002          12/19/2006              8      SF0630_FIXEDRATE                                 0            142000                             28400     100                        681               0     NO-PREPAY                                                       0           0           0               0
     1103641058       SFR                               1     OO        REFI                  N                                 7                    7              358000             357706.54               2/1/2007              1/1/2037                  2381.78      360   79.56     NY                   2/1/2007        N                 450000                   1          0            2381.78                                                                               11716          12/19/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   79.56                        685           40.33     NO-PREPAY                                                       0           0           0               0
     1103641059       SFR                               1     OO        REFI                  N                             6.625                6.625              528000             527065.74               1/1/2007             12/1/2036                  3380.84      360      80     NY                   2/1/2007        N                 660000                   1          0            3380.84                                                                               11949          12/19/2006              1      PF1630_FIXEDRATE                                 0                 0                             66000      90                        670           37.89     NO-PREPAY                                                       0           0           0               0
     1103641073       2-4FAMILY                         3     NOO       REFI                  Y                              12.5                 12.5               24000              23987.65               1/1/2007             12/1/2021                   256.14      180       4     NY                   2/1/2007        Y                 600000                   2          0             256.14                                                                               10314          12/19/2006              2      TB0630_BALLOON                                   0                 0                                 0      84                        779           43.95     NO-PREPAY                                                       0           0           0               0
     1103641081       SFR                               1     OO        REFI                  Y                             5.875                5.875              255000                255000               1/1/2007             12/1/2036                  1248.44      360   57.96     CA                   2/1/2007        N                 440000                   1       2.25            1248.44                                                                               95687          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   57.96                        739           13.55     3YR                                        12/1/2011            6           6           2            2.25
     1103641082       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              392000              391608.9               1/1/2007             12/1/2036                     2205      360      80     CA                   2/1/2007        N                 490000                   1       2.25               2205                                                                               96094          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            490000                             98000     100                        683           38.72     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641083       2-4FAMILY                         2     OO        REFI                  N                             6.875                6.875              322400                322400               1/1/2007             12/1/2036                  1847.08      360      80     CA                   2/1/2007        N                 403000                   1       2.25            1847.08                                                                               95817          12/22/2006             17      PA0605EI_ARM-INTONLY                             0                 0                             55977   93.89                        690           47.34     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641084       SFR                               1     OO        PURCHASE              N                              5.75                 5.75             1000000               1000000               1/1/2007             12/1/2036                  4791.67      360   74.08     CA                   2/1/2007        N                1645000                   1       2.25            4791.67                                                                               95076          12/22/2006              2      PA0605EI_ARM-INTONLY                             0           1350000                            135682   84.13                        772           43.67     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641085       CONDO                             1     OO        PURCHASE              N                               5.5                  5.5              688000             686490.43               1/1/2007             12/1/2036                  3906.39      360      80     CA                   2/1/2007        N                 860000                   1       2.25            3906.39                                                                               94110          12/22/2006              1      PA0605E_ARM                                      0            860000                             49966   85.81                        699           47.47     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641086       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              328000                328000               1/1/2007             12/1/2036                  1776.67      360      80     CA                   2/1/2007        N                 410000                   1       2.25            1776.67                                                                               92345          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            410000                             82000     100                        697           43.33     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641087       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              314000                314000               2/1/2007              1/1/2037                  1635.42      360      80     CA                   2/1/2007        N                 393000                   1       2.25            1635.42                                                                               92064          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            392500                             78500     100                        696           48.91     NO-PREPAY                                   1/1/2012            6           6           2            2.25
     1103641088       SFR                               1     OO        PURCHASE              N                                 6                    6              212000                212000               1/1/2007             12/1/2036                     1060      360      80     CA                   2/1/2007        N                 265000                   1       2.25               1060                                                                               93535          12/22/2006              1      PA1605EI_ARM-INTONLY                             0            265000                             53000     100                        650           42.07     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641089       SFR                               1     NOO       REFI                  Y                             6.875                6.875              484000             482773.12              12/1/2006             11/1/2036                  3179.54      360      80     CA                   2/1/2007        N                 605000                   1       2.25            3179.54                                                                               90755          12/22/2006              2      PA0605E_ARM                                      0                 0                             30190   84.99                        691           38.33     NO-PREPAY                                  11/1/2011            6           6           2            2.25
     1103641090       SFR                               1     OO        REFI                  Y                             6.875                6.875              399100              398427.5               1/1/2007             12/1/2036                   2621.8      360   73.23     CA                   2/1/2007        N                 545000                   1       2.25             2621.8                                                                               95688          12/22/2006             17      PA1605E_ARM                                      0                 0                             86012   89.02                        673           43.17     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641092       SFR                               1     2ND       REFI                  N                               5.5                  5.5              475000                475000               1/1/2007             12/1/2036                  2177.08      360    62.1     CA                   2/1/2007        N                 765000                   1       2.25            2177.08                                                                               96137          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    62.1                        703           35.49     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641093       SFR                               1     OO        REFI                  N                             5.875                5.875              359000                359000               1/1/2007             12/1/2036                   1757.6      360   63.43     CA                   2/1/2007        N                 566000                   1       2.25             1757.6                                                                               95405          12/22/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            100024    81.1                        668           26.71     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641094       SFR                               1     OO        REFI                  Y                             7.375                7.375              424000                424000               1/1/2007             12/1/2036                  2605.83      360      80     CA                   2/1/2007        N                 530000                   1       2.25            2605.83                                                                               94544          12/22/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        620           38.35     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641095       SFR                               1     NOO       PURCHASE              N                               6.5                  6.5              203450             203081.16               1/1/2007             12/1/2036                  1285.94      360      65     CA                   2/1/2007        N                 338500                   1       2.25            1285.94                                                                               93312          12/22/2006              2      PA0605E_ARM                                      0            313000                                 0      65                        691            44.7     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641096       SFR                               1     OO        REFI                  Y                             7.125                7.125              352000                352000               1/1/2007             12/1/2036                     2090      360      80     CA                   2/1/2007        N                 440000                   1       2.25               2090                                                                               95949          12/22/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             29964   86.81                        647           37.92     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641097       SFR                               1     OO        REFI                  Y                              6.75                 6.75              720000                720000               1/1/2007             12/1/2036                     4050      360   52.37     CA                   2/1/2007        N                1375000                   1       2.25               4050                                                                               95003          12/28/2006             12      XA1605EI_ARM-INTONLY                             0                 0                                 0   52.37                        647               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641098       SFR                               1     OO        PURCHASE              N                             6.375                6.375              544000                544000               1/1/2007             12/1/2036                     2890      360      80     CA                   2/1/2007        N                 680000                   1       2.25               2890                                                                               94560          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            680000                            136000     100                        722           48.28     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641099       2-4FAMILY                         4     OO        REFI                  N                             6.875                6.875              508400                508400               1/1/2007             12/1/2036                  2912.71      360    76.8     CA                   2/1/2007        N                 662000                   1       2.25            2912.71                                                                               94804          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    76.8                        684           44.89     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641100       SFR                               1     NOO       REFI                  Y                             6.375                6.375              360000                360000               1/1/2007             12/1/2036                   1912.5      360   62.07     CA                   2/1/2007        N                 580000                   1       2.25             1912.5                                                                               95405          12/22/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   62.07                        795               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641101       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              430000                430000               1/1/2007             12/1/2036                  2418.75      360      80     CA                   2/1/2007        N                 540000                   1       2.25            2418.75                                                                               91342          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            537500                            107500     100                        792           39.02     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641102       PUD                               1     OO        PURCHASE              N                             6.125                6.125              368000                368000               1/1/2007             12/1/2036                  1878.33      360   79.66     CA                   2/1/2007        N                 462000                   1       2.25            1878.33                                                                               93065          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            462000                             91988   99.57                        723            41.6     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641103       CONDO                             1     OO        PURCHASE              N                             5.875                5.875              532000                532000               1/1/2007             12/1/2036                  2604.58      360      80     CA                   2/1/2007        N                 665000                   1       2.25            2604.58                                                                               94107          12/22/2006              1      PA1605EI_ARM-INTONLY                             0            665000                             99750      95                        660            39.9     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103641128       SFR                               1     OO        PURCHASE              N                             6.125                6.125              384300                381700               2/1/2007              1/1/2037                  1961.53      360      70     CA                   2/1/2007        N                 570000                   1          0            1961.53                                                                               91740          12/22/2006             17      PF0630I_FIX-INTONLY                              0            549000                                 0      70                        735              40     3YR                                                             0           0           0               0
     1103641148       PUD                               1     NOO       PURCHASE              N                             8.125                8.125               92283              92161.85               1/1/2007             12/1/2036                    685.2      360      80     TX                   2/1/2007        N                 121000                   1       2.75              685.2                                                                               77433          12/29/2006              2      PA1605E_ARM                                      0            115354                             17303      95                        674           19.43     NO-PREPAY                                  12/1/2011            6           3           1           8.125
     1103641153       CONDO                             1     NOO       PURCHASE              N                              8.25                 8.25              223600                223600               1/1/2007             12/1/2036                  1537.25      360      80     FL                   2/1/2007        N                 280000                   1       2.75            1537.25                                                                               34747          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            279500                             41925      95                        702           29.09     3YR                                        12/1/2011            6           3           1            8.25
     1103641155       SFR                               1     OO        REFI                  Y                              5.75                 5.75              316000                316000               1/1/2007             12/1/2036                  1514.17      360   42.14     CA                   2/1/2007        N                 750000                   1       2.75            1514.17                                                                               94087          12/29/2006              1      XA0610EI_ARM-INTONLY                             0                 0                                 0   42.14                        789           49.33     3YR                                        12/1/2016            6           3           1            5.75
     1103641157       SFR                               1     NOO       REFI                  Y                               8.5                  8.5              296000                296000               1/1/2007             12/1/2036                  2096.67      360      80     CA                   2/1/2007        N                 370000                   1       2.75            2096.67                                                                               95757          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             55500      95                        705           42.53     3YR                                        12/1/2011            6           3           1             8.5
     1103641159       SFR                               1     OO        REFI                  Y                               6.5                  6.5              445000                445000               1/1/2007             12/1/2036                  2410.42      360   58.79     CA                   2/1/2007        N                 757000                   1       2.75            2410.42                                                                               91913          12/29/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0   58.79                        677           40.14     3YR                                        12/1/2011            6           3           1             6.5
     1103641160       2-4FAMILY                         2     OO        REFI                  Y                             6.875                6.875              345000                345000               1/1/2007             12/1/2036                  1976.56      360   66.35     CA                   2/1/2007        N                 520000                   1       2.75            1976.56                                                                               90262          12/29/2006              2      BA3205EI_ARM-INTONLY                             0                 0                                 0   66.35                        616           41.46     3YR                                        12/1/2011            6           3           1           6.875
     1103641161       SFR                               1     2ND       REFI                  Y                              6.49                 6.49              232500                232500               1/1/2007             12/1/2036                  1257.44      360      75     CA                   2/1/2007        N                 310000                   1       2.75            1257.44                                                                               96094          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      75                        653           49.56     3YR                                        12/1/2011            6           3           1            6.49
     1103641162       SFR                               1     OO        REFI                  Y                             6.625                6.625              480000                480000               1/1/2007             12/1/2036                     2650      360      80     CA                   2/1/2007        N                 600000                   1       2.75               2650                                                                               93030          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            120000     100                        666            47.7     3YR                                        12/1/2011            6           3           1           6.625
     1103641163       SFR                               1     OO        PURCHASE              N                             6.875                6.875              240000                240000               1/1/2007             12/1/2036                     1375      360      80     WA                   2/1/2007        N                 300000                   1       2.75               1375                                                                               98058          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            300000                             60000     100                        667            49.7     1YR                                        12/1/2011            6           3           1           6.875
     1103641164       SFR                               1     OO        PURCHASE              N                             7.375                7.375              368000                368000               1/1/2007             12/1/2036                  2261.67      360      80     CA                   2/1/2007        N                 460000                   1       2.75            2261.67                                                                               91733          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            460000                             92000     100                        666           45.29     3YR                                        12/1/2011            6           3           1           7.375
     1103641165       SFR                               1     OO        PURCHASE              N                             6.375                6.375              480000                480000               1/1/2007             12/1/2036                     2550      360      80     CA                   2/1/2007        N                 620000                   1       2.75               2550                                                                               91911          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            600000                            120000     100                        674           48.09     3YR                                        12/1/2011            6           3           1           6.375
     1103641166       SFR                               1     NOO       REFI                  Y                              8.25                 8.25              111200             111057.69               1/1/2007             12/1/2036                   835.41      360      80     IL                   2/1/2007        N                 139000                   1       2.75             835.41                                                                               60827          12/29/2006              2      PA1605E_ARM                                      0                 0                             20850      95                        660              41     NO-PREPAY                                  12/1/2011            6           3           1            8.25
     1103641168       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              458400                458400               1/1/2007             12/1/2036                  2670.18      360      80     CA                   2/1/2007        N                 580000                   1       2.75            2670.18                                                                               91342          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            573000                            114600     100                        761            45.9     3YR                                        12/1/2011            6           3           1            6.99
     1103641169       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              276000                276000               1/1/2007             12/1/2036                     1725      360      80     CA                   2/1/2007        N                 350000                   1       2.75               1725                                                                               92404          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            345000                             69000     100                        655           41.05     3YR                                        12/1/2011            6           3           1             7.5
     1103641170       2-4FAMILY                         4     OO        PURCHASE              N                             8.125                8.125              860000                860000               1/1/2007             12/1/2036                  5822.92      360      80     CA                   2/1/2007        N                1075000                   1       2.75            5822.92                                                                               91205          12/29/2006              2      XA1605EI_ARM-INTONLY                             0           1075000                            161250      95                        669           43.66     1YR                                        12/1/2011            6           3           1           8.125
     1103641171       2-4FAMILY                         4     NOO       REFI                  Y                              8.25                 8.25              746250                746250               1/1/2007             12/1/2036                  5130.47      360      75     CA                   2/1/2007        N                 995000                   1       2.75            5130.47                                                                               92831          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        726           36.81     3YR                                        12/1/2011            6           3           1            8.25
     1103641172       SFR                               1     OO        PURCHASE              N                             7.625                7.625              483200                483200               1/1/2007             12/1/2036                  3070.33      360      80     CA                   2/1/2007        N                 604000                   1       2.75            3070.33                                                                               90016          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            604000                            120800     100                        647           35.11     3YR                                        12/1/2011            6           3           1           7.625
     1103641173       2-4FAMILY                         4     OO        PURCHASE              N                              7.99                 7.99              640000             639136.54               1/1/2007             12/1/2036                  4691.63      360      80     CA                   2/1/2007        N                 800000                   1       2.75            4691.63                                                                               90058          12/29/2006              2      PA0605E_ARM                                      0            800000                            160000     100                        683           23.59     NO-PREPAY                                  12/1/2011            6           3           1            7.99
     1103641174       CONDO                             1     OO        PURCHASE              N                               8.5                  8.5              195120                195120               1/1/2007             12/1/2036                   1382.1      360      80     FL                   2/1/2007        N                 244000                   1       2.75             1382.1                                                                               33161          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            243900                             48780     100                        661           38.28     3YR                                        12/1/2011            6           3           1             8.5
     1103641175       CONDO                             1     OO        PURCHASE              N                              8.75                 8.75              560000                560000               1/1/2007             12/1/2036                  4083.33      360      80     CA                   2/1/2007        N                 700000                   1       2.75            4083.33                                                                               92887          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            700000                            140000     100                        682           40.06     3YR                                        12/1/2011            6           3           1            8.75
     1103641176       SFR                               1     OO        REFI                  Y                              7.25                 7.25              456000                456000               1/1/2007             12/1/2036                     2755      360      80     CA                   2/1/2007        N                 570000                   1       2.75               2755                                                                               91350          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            114000     100                        726           49.03     NO-PREPAY                                  12/1/2011            6           3           1            7.25
     1103641177       PUD                               1     OO        PURCHASE              N                              6.99                 6.99              183999                183999               1/1/2007             12/1/2036                  1071.79      360      80     NV                   2/1/2007        N                 230000                   1       2.75            1071.79                                                                               89108          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            229999                             46000     100                        668           41.77     3YR                                        12/1/2011            6           3           1            6.99
     1103641178       2-4FAMILY                         4     OO        PURCHASE              N                              7.99                 7.99              680000                680000               1/1/2007             12/1/2036                  4527.67      360      80     CA                   2/1/2007        N                 920000                   1       2.75            4527.67                                                                               90813          12/29/2006              8      SA0605EI_ARM-INTONLY                             0            850000                            170000     100                        685               0     3YR                                        12/1/2011            6           3           1            7.99
     1103641180       CONDO                             1     OO        PURCHASE              N                             7.875                7.875              253600                253600               1/1/2007             12/1/2036                  1664.25      360      80     CA                   2/1/2007        N                 317000                   1       2.75            1664.25                                                                               91706          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            317000                             63400     100                        718           45.53     3YR                                        12/1/2011            6           3           1           7.875
     1103641181       2-4FAMILY                         3     OO        PURCHASE              N                             7.625                7.625              456000             455911.54               1/1/2007             12/1/2036                   2897.5      360      80     CA                   2/1/2007        N                 570000                   1       2.75             2897.5                                                                               90022          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            570000                            114000     100                        686           44.34     3YR                                        12/1/2011            6           3           1           7.625
     1103641183       SFR                               1     OO        PURCHASE              N                             8.375                8.375              370000                370000               1/1/2007             12/1/2036                  2582.29      360      80     CA                   2/1/2007        N                 505000                   1       2.75            2582.29                                                                               92111          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            462500                             92500     100                        649           44.39     3YR                                        12/1/2011            6           3           1           8.375
     1103641185       2-4FAMILY                         2     OO        PURCHASE              N                              7.75                 7.75              432000                432000               1/1/2007             12/1/2036                     2790      360      80     CA                   2/1/2007        N                 540000                   1       2.75               2790                                                                               90262          12/29/2006              8      SA0605EI_ARM-INTONLY                             0            540000                            108000     100                        695               0     3YR                                        12/1/2011            6           3           1            2.75
     1103641186       SFR                               1     OO        PURCHASE              N                             8.125                8.125              592000                592000               1/1/2007             12/1/2036                  4008.33      360      80     CA                   2/1/2007        N                 890000                   1       2.75            4008.33                                                                               92653          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            740000                            148000     100                        659            36.2     3YR                                        12/1/2011            6           3           1           8.125
     1103641187       SFR                               1     OO        PURCHASE              N                             7.125                7.125              430400                430400               1/1/2007             12/1/2036                   2555.5      360      80     CA                   2/1/2007        N                 555000                   1       2.75             2555.5                                                                               91605          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            538000                            107600     100                        726           39.76     NO-PREPAY                                  12/1/2011            6           3           1           7.125
     1103641190       PUD                               1     OO        PURCHASE              N                              8.25                 8.25              412000                412000               1/1/2007             12/1/2036                   2832.5      360      80     CA                   2/1/2007        N                 520000                   1       2.75             2832.5                                                                               92883          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            515000                            103000     100                        650           39.11     3YR                                        12/1/2011            6           3           1            8.25
     1103641192       SFR                               1     OO        REFI                  Y                             7.125                7.125              428000                428000               1/1/2007             12/1/2036                  2541.25      360      80     CA                   2/1/2007        N                 535000                   1       2.75            2541.25                                                                               90042          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        688           18.75     3YR                                        12/1/2011            6           3           1           7.125
     1103641193       CONDO                             1     NOO       PURCHASE              N                             8.375                8.375              156000                156000               1/1/2007             12/1/2036                  1088.75      360      80     IL                   2/1/2007        N                 196000                   1       2.75            1088.75                                                                               61801          12/29/2006              1      PA2605EI_ARM-INTONLY                             0            195000                             29250      95                        636           47.48     NO-PREPAY                                  12/1/2011            6           3           1           8.375
     1103641194       CONDO                             1     NOO       PURCHASE              N                             8.375                8.375              132000                132000               1/1/2007             12/1/2036                   921.25      360      80     IL                   2/1/2007        N                 170000                   1       2.75             921.25                                                                               61801          12/29/2006              1      PA2605EI_ARM-INTONLY                             0            165000                             24750      95                        636           47.48     NO-PREPAY                                  12/1/2011            6           3           1           8.375
     1103641230       2-4FAMILY                         2     OO        REFI                  Y                              7.99                 7.99              510000                510000               2/1/2007              1/1/2037                  3395.75      360      85     CA                   2/1/2007        N                 600000                   1        3.5            3395.75                                                                               90255          12/21/2006              2      PA0405EI_ARM-INTONLY                            22                 0                                 0      85                        768            44.9     3YR                                         1/1/2012            6           3           1             3.5
     1103641304       SFR                               1     NOO       REFI                  Y                             6.375                6.375              240000                240000               2/1/2007              1/1/2037                     1275      360      75     HI                   2/1/2007        N                 320000                   1          3               1275                                                                               96792          12/29/2006              2      PA0603EI_ARM-INTONLY                             0                 0                                 0      75                        698           30.31     NO-PREPAY                                   1/1/2010            6           3           1               3
     1103641339       SFR                               1     OO        REFI                  Y                             6.875                6.875              128000                128000               2/1/2007              1/1/2037                   733.33      360      80     CA                   2/1/2007        N                 160000                   1          0             733.33                                                                               93307          12/28/2006              2      PF2630I_FIX-INTONLY                              0                 0                                 0      80                        637           40.15     3YR                                                             0           0           0               0
     1103641369       SFR                               1     OO        PURCHASE              N                                 7                    7              439200                439200               2/1/2007              1/1/2037                     2562      360      80     CA                   2/1/2007        N                 549000                   1          3               2562                                                                               91342          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            549000                            109800     100                        722           38.06     3YR                                         1/1/2012            6           3           1               3
     1103641411       SFR                               1     OO        REFI                  Y                             6.375                6.375              203500                203500               2/1/2007              1/1/2037                  1081.09      360   69.94     FL                   2/1/2007        N                 291000                   1          3            1081.09                                                                               32533            1/3/2007              1      PA1607EI_ARM-INTONLY                             0                 0                                 0   69.94                        655           15.69     1YR                                         1/1/2014            6           3           1               3
     1103641456       SFR                               1     NOO       REFI                  Y                              6.25                 6.25              390000             389629.93               2/1/2007              1/1/2037                   2401.3      360      60     CA                   2/1/2007        N                 650000                   1          0             2401.3                                                                               95076            1/3/2007              7      SF1630_FIXEDRATE                                 0                 0                                 0      60                        683               0     NO-PREPAY                                                       0           0           0               0
     1103641480       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              256000                256000               2/1/2007              1/1/2037                     1600      360      80     CA                   2/1/2007        N                 365000                   1          3               1600                                                                               92571          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            320000                             64000     100                        669           41.21     3YR                                         1/1/2012            6           3           1               3
     1103641486       SFR                               1     OO        REFI                  Y                              6.25                 6.25              202000                202000               2/1/2007              1/1/2037                  1052.08      360   67.34     CA                   2/1/2007        N                 300000                   1          3            1052.08                                                                               92345          12/28/2006             12      SA1605EI_ARM-INTONLY                             0                 0                                 0   67.34                        693               0     1YR                                         1/1/2012            6           3           1               3
     1103641539       D-PUDS                            1     NOO       REFI                  N                             6.625                6.625              185000             184836.77               2/1/2007              1/1/2037                  1184.58      360   58.74     CA                   2/1/2007        N                 315000                   1          0            1184.58                                                                               93312            1/9/2007              2      PF1630_FIXEDRATE                                 0                 0                                 0   58.74                        663           40.67     3YR                                                             0           0           0               0
     1103641542       SFR                               1     OO        REFI                  N                             7.375                7.375              101000             100923.14               2/1/2007              1/1/2037                   697.59      360    77.7     PA                   2/1/2007        N                 130000                   1          0             697.59                                                                               17756          12/27/2006              7      SF0630_FIXEDRATE                                 0                 0                                 0    77.7                        695               0     3YR                                                             0           0           0               0
     1103641559       SFR                               1     OO        PURCHASE              N                             7.125                7.125              163000                163000               2/1/2007              1/1/2037                   967.81      360      80     CA                   2/1/2007        N                 210000                   1          3             967.81                                                                               92314          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            203750                             40750     100                        680           46.64     2YR                                         1/1/2012            6           3           1               3
     1103641600       SFR                               1     OO        REFI                  Y                              7.25                 7.25              366400             365826.63               1/1/2007             12/1/2036                  2499.49      360      80     NJ                   2/1/2007        N                 458000                   1          0            2499.49                                                                               07461          12/28/2006             12      SF0630_FIXEDRATE                                 0                 0                                 0      80                        771               0     NO-PREPAY                                                       0           0           0               0
     1103641602       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              226600             226260.49               1/1/2007             12/1/2036                  1416.25      360      80     NY                   2/1/2007        N                 286000                   1          0            1416.25                                                                               12550          12/28/2006             12      XF0630I_FIX-INTONLY                              0            283250                             56650     100                        760               0     NO-PREPAY                                                       0           0           0               0
     1103641608       2-4FAMILY                         2     NOO       REFI                  Y                                 7                    7              720000              718816.2               1/1/2007             12/1/2036                  4790.18      360      40     NY                   2/1/2007        N                1800000                   1          0            4790.18                                                                               11232          12/28/2006              8      BF0230_FIXEDRATE                                 0                 0                                 0      40                        775               0     NO-PREPAY                                                       0           0           0               0
     1103641609       SFR                               1     OO        REFI                  Y                              6.25                 6.25              178700                178360               1/1/2007             12/1/2036                  1100.29      360   30.82     NJ                   2/1/2007        N                 580000                   1          0            1100.29                                                                               07649          12/28/2006              8      SF0630_FIXEDRATE                                 0                 0                                 0   30.82                        752               0     NO-PREPAY                                                       0           0           0               0
     1103641610       2-4FAMILY                         3     OO        PURCHASE              N                             6.375                6.375              420000             419219.93               1/1/2007             12/1/2036                  2620.25      360      80     NY                   2/1/2007        N                 690000                   1          0            2620.25                                                                               11221          12/28/2006              2      PF0630_FIXEDRATE                                 0            525000                            105000     100                        688           23.17     NO-PREPAY                                                       0           0           0               0
     1103641611       2-4FAMILY                         2     OO        PURCHASE              N                              8.25                 8.25              391760                391760               1/1/2007             12/1/2036                  2693.35      360      80     NY                   2/1/2007        N                 494000                   1          0            2693.35                                                                               10456          12/28/2006             12      XF0630I_FIX-INTONLY                              0            489700                             97940     100                        740               0     NO-PREPAY                                                       0           0           0               0
     1103641612       SFR                               1     OO        REFI                  Y                             6.375                6.375              885000             883356.27               1/1/2007             12/1/2036                  5521.25      360   40.23     NJ                   2/1/2007        N                2200000                   1          0            5521.25                                                                               07458          12/28/2006             12      BF0230_FIXEDRATE                                 0                 0                            550220   65.24                        791               0     NO-PREPAY                                                       0           0           0               0
     1103641622       SFR                               1     OO        REFI                  N                              6.25                 6.25              248000             247528.15               1/1/2007             12/1/2036                  1526.98      360      80     WA                   2/1/2007        N                 310000                   1          0            1526.98                                                                               98021          12/28/2006              1      PF1630_FIXEDRATE                                 0                 0                             32984   90.64                        655              42     NO-PREPAY                                                       0           0           0               0
     1103641643       SFR                               1     OO        REFI                  Y                                 7                    7              207920                207920               2/1/2007              1/1/2037                  1212.87      360   79.36     OR                   2/1/2007        N                 262000                   1        2.5            1212.87                                                                               97306            1/2/2007              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.36                        721           18.07     3YR                                         1/1/2012            6           3           1             2.5
     1103641709       D-PUDS                            1     OO        PURCHASE              N                              5.75                 5.75              332000                332000               2/1/2007              1/1/2037                  1590.83      360      80     CA                   2/1/2007        N                 415000                   1          3            1590.83                                                                               92883          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            415000                             83000     100                        709           37.21     2YR                                         1/1/2012            6           3           1               3
     1103641834       SFR                               1     NOO       PURCHASE              N                                13                   13               25400                 25400               2/1/2007              1/1/2022                   275.17      180   14.95     MS                   2/1/2007        Y                 170000                   2          0             275.17                                                                               39503          12/29/2006              2      TB0630I_BALLOON-INTONLY                          0            169900                                 0   89.94                        709           41.92     NO-PREPAY                                                       0           0           0               0
     1103641919       SFR                               1     OO        REFI                  Y                             7.625                7.625              123900                123900               3/1/2007              2/1/2037                   876.96      360      70     FL                   2/1/2007        N                 177000                   1          0             876.96                                                                               32566           1/31/2007             12      SF2630_FIXEDRATE                                 0                 0                                 0      70                        677               0     3YR                                                             0           0           0               0
     1103642004       SFR                               1     OO        REFI                  N                               6.5                  6.5              558400                558400               1/1/2007             12/1/2036                  3024.67      360      80     CA                   2/1/2007        N                 698000                   1       2.25            3024.67                                                                               95713          12/28/2006              2      PA0602EI_ARM-INTONLY                             0                 0                             69591   89.97                        764           38.48     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103642005       SFR                               1     OO        PURCHASE              N                             6.125                6.125              424000                424000               1/1/2007             12/1/2036                  2164.17      360      80     CA                   2/1/2007        N                 530000                   1       2.25            2164.17                                                                               94544          12/28/2006              2      PA0602EI_ARM-INTONLY                             0            530000                            106000     100                        689           37.06     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103642006       SFR                               1     OO        PURCHASE              N                             6.625                6.625              560000                560000               1/1/2007             12/1/2036                  3091.67      360      80     CA                   2/1/2007        N                 750000                   1       2.25            3091.67                                                                               94403          12/28/2006              2      PA0602EI_ARM-INTONLY                             0            700000                            140000     100                        701           44.05     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103642009       SFR                               1     OO        PURCHASE              N                             6.625                6.625              375920                375920               1/1/2007             12/1/2036                  2075.39      360      80     NV                   2/1/2007        N                 519000                   1       2.25            2075.39                                                                               89074          12/28/2006              2      PA0602EI_ARM-INTONLY                             0            469900                             93980     100                        705           34.09     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103642010       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              768000             766515.99               1/1/2007             12/1/2036                     4160      360      80     CA                   2/1/2007        N                 960000                   1       2.25               4160                                                                               94610          12/28/2006              2      PA0602EI_ARM-INTONLY                             0            960000                            144000      95                        785           37.34     NO-PREPAY                                  12/1/2008            6           3           1            2.25
     1103642045       D-PUDS                            1     OO        REFI                  N                             6.625                6.625              343200                343200               2/1/2007              1/1/2037                  1894.75      360      80     CA                   2/1/2007        N                 429000                   1          0            1894.75                                                                               92585            1/3/2007              1      PF0630I_FIX-INTONLY                              0                 0                             37500   88.75                        692              42     NO-PREPAY                                                       0           0           0               0
     1103642092       SFR                               1     OO        REFI                  Y                             7.625                7.625              492000                492000              12/1/2006             11/1/2036                  3126.25      360      80     CA                   2/1/2007        N                 615000                   1       2.75            3126.25                                                                               91342          12/21/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        684               0     3YR                                        11/1/2011            5           5           1            2.75
     1103642094       PUD                               1     OO        REFI                  Y                             6.875                6.875              435500             434766.17               1/1/2007             12/1/2036                  2860.92      360      65     FL                   2/1/2007        N                 670000                   1       2.25            2860.92                                                                               33647          12/21/2006             12      SA1605E_ARM                                      0                 0                                 0      65                        667               0     3YR                                        12/1/2011            5           5           1            2.25
     1103642095       SFR                               1     OO        REFI                  Y                              5.75                 5.75              205000                205000               1/1/2007             12/1/2036                   982.29      360   43.16     CA                   2/1/2007        N                 475000                   1       2.25             982.29                                                                               90037          12/21/2006             12      SA1605EI_ARM-INTONLY                             0                 0                                 0   43.16                        664               0     3YR                                        12/1/2011            5           5           1            2.25
     1103642096       SFR                               1     OO        REFI                  Y                               6.5                  6.5              248000                248000               1/1/2007             12/1/2036                  1343.33      360   61.24     CA                   2/1/2007        N                 405000                   1       2.75            1343.33                                                                               91766          12/21/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0   61.24                        684            38.4     3YR                                        12/1/2011            5           5           1            2.75
     1103642097       SFR                               1     OO        REFI                  Y                               6.5                  6.5              417000                417000               1/1/2007             12/1/2036                  2258.75      360   64.16     CA                   2/1/2007        N                 650000                   1       2.25            2258.75                                                                               90620          12/21/2006             12      BA0205EI_ARM-INTONLY                             0                 0                             33000   69.24                        684               0     3YR                                        12/1/2011            5           5           1            2.25
     1103642099       SFR                               1     OO        PURCHASE              N                             6.875                6.875              212000                212000               1/1/2007             12/1/2036                  1214.58      360      80     CA                   2/1/2007        N                 269000                   1       2.25            1214.58                                                                               92543          12/21/2006             17      PA0605EI_ARM-INTONLY                             0            265000                             53000     100                        705           41.24     3YR                                        12/1/2011            5           5           1            2.25
     1103642201       D-PUDS                            1     OO        REFI                  Y                            11.625               11.625              263150                263150               2/1/2007              1/1/2037                  2549.27      360      95     NV                   2/1/2007        N                 277000                   1       4.25            2549.27                                                                               89148            1/5/2007              7      EA1602EI_ARM-INTONLY                            30                 0                                 0      95                        676               0     3YR                                         1/1/2009            6           3           1           5.625
     1103642204       SFR                               1     OO        REFI                  Y                             6.625                6.625              613600                613600               2/1/2007              1/1/2037                  3387.58      360      80     CA                   2/1/2007        N                 767000                   1          3            3387.58                                                                               92886          12/29/2006              2      PA0603EI_ARM-INTONLY                             0                 0                                 0      80                        716           45.97     2YR                                         1/1/2010            6           3           1               3
     1103642223       2-4FAMILY                         3     NOO       REFI                  N                             6.875                6.875              313000                313000               1/1/2007             12/1/2036                  1793.23      360   63.62     CA                   2/1/2007        N                 492000                   1       2.25            1793.23                                                                               95207          12/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   63.62                        670           32.17     1YR                                        12/1/2011            6           6           2            2.25
     1103642225       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              450000                450000               1/1/2007             12/1/2036                  2718.75      360      75     CA                   2/1/2007        N                 600000                   1       2.25            2718.75                                                                               91405          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        699              51     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642226       SFR                               1     OO        REFI                  Y                             6.625                6.625              450000             449964.92               1/1/2007             12/1/2036                  2484.38      360   74.39     CA                   2/1/2007        N                 605000                   1       2.25            2484.38                                                                               93551          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.39                        702           31.48     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642227       SFR                               1     OO        PURCHASE              N                               6.5                  6.5             1000000               1000000               1/1/2007             12/1/2036                  5416.67      360   76.93     CA                   2/1/2007        N                1350000                   1       2.25            5416.67                                                                               93021          12/27/2006              2      PA0605EI_ARM-INTONLY                             0           1300000                                 0   76.93                        791           31.73     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642228       SFR                               1     OO        PURCHASE              N                             6.875                6.875              239200                237830               1/1/2007             12/1/2036                  1370.42      360      80     CA                   2/1/2007        N                 300000                   1       2.25            1370.42                                                                               92325          12/27/2006              1      PA2605EI_ARM-INTONLY                             0            299000                             59800     100                        631            39.8     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642229       SFR                               1     OO        REFI                  N                              6.75                 6.75              380000                380000               1/1/2007             12/1/2036                   2137.5      360      80     CA                   2/1/2007        N                 475000                   1       2.25             2137.5                                                                               93458          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             44983   89.48                        698           43.26     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642230       SFR                               1     OO        REFI                  Y                              6.75                 6.75              270000                270000               1/1/2007             12/1/2036                  1518.75      360      54     CA                   2/1/2007        N                 500000                   1       2.25            1518.75                                                                               94805          12/27/2006             12      XA2605EI_ARM-INTONLY                             0                 0                                 0      54                        628               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642231       CONDO                             1     NOO       REFI                  Y                               6.5                  6.5              150000                150000               1/1/2007             12/1/2036                    812.5      360   28.58     CA                   2/1/2007        N                 525000                   1       2.25              812.5                                                                               93111          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   28.58                        715           35.67     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642232       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              641000                641000               1/1/2007             12/1/2036                  3338.54      360   68.12     CA                   2/1/2007        N                 941000                   1       2.25            3338.54                                                                               94925          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            941000                                 0   68.12                        672           33.87     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642233       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              922300                922300               1/1/2007             12/1/2036                  5187.94      360      80     CA                   2/1/2007        N                1153000                   1       2.25            5187.94                                                                               94952          12/27/2006              2      PA0605EI_ARM-INTONLY                             0           1152934                            172479   94.96                        691           43.95     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642234       SFR                               1     OO        PURCHASE              N                             6.625                6.625              304000                304000               1/1/2007             12/1/2036                  1678.33      360      80     CA                   2/1/2007        N                 401000                   1       2.25            1678.33                                                                               93706          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            380000                             38000      90                        688           43.91     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642235       SFR                               1     OO        PURCHASE              N                             6.375                6.375              692000             691952.37               1/1/2007             12/1/2036                  3676.25      360      80     CA                   2/1/2007        N                 980000                   1       2.25            3676.25                                                                               94610          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            865000                            173000     100                        679            39.3     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642236       SFR                               1     OO        REFI                  N                             6.625                6.625              730000                730000               1/1/2007             12/1/2036                  4030.21      360   75.26     CA                   2/1/2007        N                 970000                   1       2.25            4030.21                                                                               94030          12/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   75.26                        652           39.43     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642237       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              231200                231200               1/1/2007             12/1/2036                  1204.17      360      80     CA                   2/1/2007        N                 290000                   1       2.25            1204.17                                                                               92111          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            289000                             57800     100                        784           32.76     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642238       SFR                               1     OO        REFI                  Y                              6.75                 6.75              356000                356000               1/1/2007             12/1/2036                   2002.5      360      80     CA                   2/1/2007        N                 445000                   1       2.25             2002.5                                                                               92508          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             54958   92.36                        686           40.64     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642239       2-4FAMILY                         4     NOO       REFI                  Y                              7.25                 7.25              862500                862500               1/1/2007             12/1/2036                  5210.94      360      75     CA                   2/1/2007        N                1150000                   1       2.75            5210.94                                                                               94952          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        709            43.9     NO-PREPAY                                  12/1/2011            6           6           2            2.75
     1103642240       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              155700             155699.59               1/1/2007             12/1/2036                   859.59      360   79.99     NV                   2/1/2007        N                 197000                   1       2.25             859.59                                                                               89149          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            194670                             38915   99.98                        685            42.4     3YR                                        12/1/2011            6           6           2            2.25
     1103642241       SFR                               1     OO        REFI                  Y                             6.625                6.625              411450                411450               1/1/2007             12/1/2036                  2271.55      360      65     CA                   2/1/2007        N                 633000                   1       2.25            2271.55                                                                               94545          12/27/2006              7      PA0605EI_ARM-INTONLY                             0                 0                            157554   89.89                        761               0     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642242       SFR                               1     OO        PURCHASE              N                             7.125                7.125              512000                512000               1/1/2007             12/1/2036                     3040      360      80     CA                   2/1/2007        N                 660000                   1       2.25               3040                                                                               91354          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            640000                            128000     100                        650           33.56     NO-PREPAY                                  12/1/2011            6           6           2            2.25
     1103642281       SFR                               1     NOO       REFI                  N                                 6                    6              220000                220000               2/1/2007              1/1/2037                     1100      360      55     CA                   2/1/2007        N                 400000                   1          0               1100                                                                               92253            1/8/2007              2      PF0630I_FIX-INTONLY                              0                 0                                 0      55                        707              40     2YR                                                             0           0           0               0
     1103642295       SFR                               1     NOO       REFI                  Y                             7.875                7.875              330000                330000              12/1/2006             11/1/2036                  2165.63      360      75     NY                   2/1/2007        N                 440000                   1          0            2165.63                                                                               11575            1/4/2007              8      SF2630I_FIX-INTONLY                              0                 0                                 0      75                        661               0     1YR                                                             0           0           0               0
     1103642296       HI-RISE                           1     NOO       PURCHASE              N                              7.75                 7.75             1939000               1939000              12/1/2006             11/1/2036                 12522.71      360      70     NY                   2/1/2007        N                2780000                   1          0           12522.71                                                                               10022            1/4/2007              8      XF0630I_FIX-INTONLY                              0           2770036                                 0      70                        757               0     1YR                                                             0           0           0               0
     1103642309       2-4FAMILY                         4     NOO       PURCHASE              N                                 8                    8               94400              94208.72              12/1/2006             11/1/2036                   692.67      360      80     NY                   2/1/2007        N                 118000                   1          0             692.67                                                                               14207           1/10/2007              8      SF0630_FIXEDRATE                                 0            118000                                 0      80                        736               0     3YR                                                             0           0           0               0
     1103642312       2-4FAMILY                         3     NOO       REFI                  Y                              7.25                 7.25              546000             544714.48              12/1/2006             11/1/2036                  3724.68      360      65     NY                   2/1/2007        N                 840000                   1          0            3724.68                                                                               11105            1/4/2007              8      SF2630_FIXEDRATE                                 0                 0                                 0      65                        657               0     1YR                                                             0           0           0               0
     1103642316       2-4FAMILY                         2     NOO       REFI                  Y                              8.25                 8.25              942500             940684.58              12/1/2006             11/1/2036                  7080.69      360      65     NY                   2/1/2007        N                1450000                   1          0            7080.69                                                                               11238            1/4/2007              8      BF2230_FIXEDRATE                                 0                 0                                 0      65                        647               0     1YR                                                             0           0           0               0
     1103642320       2-4FAMILY                         3     NOO       REFI                  Y                                 7                    7              380000             379060.09              12/1/2006             11/1/2036                  2528.15      360    69.1     NY                   2/1/2007        N                 550000                   1          0            2528.15                                                                               10462            1/4/2007              8      SF0630_FIXEDRATE                                 0                 0                                 0    69.1                        729               0     1YR                                                             0           0           0               0
     1103642322       2-4FAMILY                         2     OO        REFI                  Y                             7.375                7.375              150000             149771.03               1/1/2007             12/1/2036                  1036.01      360   31.58     NY                   2/1/2007        N                 475000                   1          0            1036.01                                                                               11203            1/4/2007             12      BF2230_FIXEDRATE                                 0                 0                                 0   31.58                        634               0     1YR                                                             0           0           0               0
     1103642324       SFR                               1     OO        REFI                  Y                             7.125                7.125              225000             224639.07               1/1/2007             12/1/2036                  1515.87      360   51.37     NY                   2/1/2007        N                 438000                   1          0            1515.87                                                                               11580            1/4/2007              8      SF2630_FIXEDRATE                                 0                 0                                 0   51.37                        664               0     1YR                                                             0           0           0               0
     1103642327       SFR                               1     NOO       REFI                  Y                              8.25                 8.25              330000             329577.69               1/1/2007             12/1/2036                  2479.18      360      55     NY                   2/1/2007        N                 600000                   1          0            2479.18                                                                               11726            1/4/2007              8      XF3630_FIXEDRATE                                 0                 0                                 0      55                        624               0     1YR                                                             0           0           0               0
     1103642329       SFR                               1     OO        REFI                  Y                             6.875                6.875              185000             184844.58               2/1/2007              1/1/2037                  1215.32      360   48.06     NY                   2/1/2007        N                 385000                   1          0            1215.32                                                                               11752            1/4/2007              8      SF0630_FIXEDRATE                                 0                 0                                 0   48.06                        686               0     1YR                                                             0           0           0               0
     1103642331       2-4FAMILY                         3     NOO       REFI                  Y                                 7                    7              507000             502173.27              12/1/2006             11/1/2021                  4557.06      180      65     NY                   2/1/2007        N                 780000                   1          0            4557.06                                                                               11354            1/4/2007              8      SF2615_FIXEDRATE                                 0                 0                                 0      65                        639               0     1YR                                                             0           0           0               0
     1103642333       2-4FAMILY                         2     NOO       REFI                  Y                             6.875                6.875              165000              163412.2              12/1/2006             11/1/2021                  1471.56      180   23.58     NY                   2/1/2007        N                 700000                   1          0            1471.56                                                                               11355            1/4/2007              8      SF2615_FIXEDRATE                                 0                 0                                 0   23.58                        669               0     1YR                                                             0           0           0               0
     1103642357       SFR                               1     NOO       PURCHASE              N                                 7                    7              476250                476250               2/1/2007              1/1/2037                  2778.13      360      75     CA                   2/1/2007        N                 635000                   1          3            2778.13                                                                               94044            1/5/2007              2      PA0603EI_ARM-INTONLY                             0            635000                             95250      90                        738           32.88     6MO                                         1/1/2010            6           3           1               3
     1103642372       SFR                               1     2ND       REFI                  Y                             5.625                5.625              270000                270000               2/1/2007              1/1/2037                  1265.63      360      75     CA                   2/1/2007        N                 360000                   1          3            1265.63                                                                               92122            1/3/2007              2      PA0603EI_ARM-INTONLY                             0                 0                             41700   86.59                        721            39.6     NO-PREPAY                                   1/1/2010            6           3           1               3
     1103642375       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              139300             139107.65               1/1/2007             12/1/2036                  1010.02      360      70     NJ                   2/1/2007        N                 241000                   1          0            1010.02                                                                               08250          12/29/2006             12      XF0630_FIXEDRATE                                 0            199000                             39800      90                        725               0     NO-PREPAY                                                       0           0           0               0
     1103642376       SFR                               1     OO        REFI                  Y                             6.875                6.875              489250             488425.59               1/1/2007             12/1/2036                  3214.02      360   59.67     NY                   2/1/2007        N                 820000                   1          0            3214.02                                                                               10512            1/3/2007             12      BF2230_FIXEDRATE                                 0                 0                            289706      95                        680               0     1YR                                                             0           0           0               0
     1103642377       SFR                               1     OO        PURCHASE              N                             7.125                7.125              239200              238816.3               1/1/2007             12/1/2036                  1611.53      360      80     NJ                   2/1/2007        N                 300000                   1          0            1611.53                                                                               08723          12/29/2006             17      PF1630_FIXEDRATE                                 0            299000                                 0      80                        678          42.245     NO-PREPAY                                                       0           0           0               0
     1103642378       SFR                               1     OO        REFI                  Y                              7.75                 7.75              160000             159719.33               1/1/2007             12/1/2036                  1146.26      360      80     FL                   2/1/2007        N                 200000                   1          0            1146.26                                                                               32953          12/29/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0      80                        695          28.677     NO-PREPAY                                                       0           0           0               0
     1103642379       SFR                               1     OO        REFI                  Y                               6.5                  6.5              432000             431216.82               1/1/2007             12/1/2036                  2730.53      360      80     NY                   2/1/2007        N                 540000                   1          0            2730.53                                                                               11793          12/29/2006              2      XF1630_FIXEDRATE                                 0                 0                                 0      80                        647          51.523     1YR                                                             0           0           0               0
     1103642380       SFR                               1     OO        REFI                  Y                              6.75                 6.75              200000             199654.63               1/1/2007             12/1/2036                   1297.2      360   66.67     NJ                   2/1/2007        N                 300000                   1          0             1297.2                                                                               08753          12/29/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   66.67                        730          34.597     NO-PREPAY                                                       0           0           0               0
     1103642382       SFR                               1     OO        REFI                  Y                              7.25                 7.25              320000             319499.24               1/1/2007             12/1/2036                  2182.96      360   79.02     NJ                   2/1/2007        N                 405000                   1          0            2182.96                                                                               08050          12/29/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   79.02                        643           35.11     NO-PREPAY                                                       0           0           0               0
     1103642383       SFR                               1     OO        REFI                  Y                             6.875                6.875              120000              119797.8               1/1/2007             12/1/2036                   788.31      360      48     NJ                   2/1/2007        N                 250000                   1          0             788.31                                                                               08757          12/29/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0      48                        669          21.663     NO-PREPAY                                                       0           0           0               0
     1103642384       SFR                               1     OO        REFI                  Y                             7.375                7.375              384000             383413.82               1/1/2007             12/1/2036                  2652.19      360   78.37     NY                   2/1/2007        N                 490000                   1          0            2652.19                                                                               11766          12/29/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   78.37                        730          35.472     1YR                                                             0           0           0               0
     1103642385       2-4FAMILY                         2     OO        REFI                  Y                              7.25                 7.25              400000             399236.77               1/1/2007             12/1/2036                  2728.71      360      80     NJ                   2/1/2007        N                 500000                   1          0            2728.71                                                                               07644          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        701          48.223     NO-PREPAY                                                       0           0           0               0
     1103642386       SFR                               1     NOO       PURCHASE              N                               8.5                  8.5              262500             262180.83               1/1/2007             12/1/2036                   2018.4      360      70     FL                   2/1/2007        N                 375000                   1          0             2018.4                                                                               33625          12/29/2006             12      XF0630_FIXEDRATE                                 0            375000                             75000      90                        710               0     2YR                                                             0           0           0               0
     1103642387       2-4FAMILY                         4     NOO       PURCHASE              N                              7.25                 7.25              188800             188504.55               1/1/2007             12/1/2036                  1287.95      360      80     WI                   2/1/2007        N                 238000                   1          0            1287.95                                                                               53218          12/29/2006              1      PF1630_FIXEDRATE                                 0            236000                                 0      80                        660          29.092     3YR                                                             0           0           0               0
     1103642388       SFR                               1     OO        REFI                  Y                             7.375                7.375              324000              323505.4               1/1/2007             12/1/2036                  2237.79      360      80     NY                   2/1/2007        N                 405000                   1          0            2237.79                                                                               11704          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                             60750      95                        699           40.52     1YR                                                             0           0           0               0
     1103642389       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              352000             351681.79               2/1/2007              1/1/2037                  2224.88      360      80     NJ                   2/1/2007        N                 440000                   1          0            2224.88                                                                               07712          12/29/2006             17      PF0630_FIXEDRATE                                 0            440000                                 0      80                        756           45.27     NO-PREPAY                                                       0           0           0               0
     1103642390       2-4FAMILY                         2     OO        PURCHASE              N                               7.5                  7.5              440000             439971.36               1/1/2007             12/1/2036                     2750      360      80     NY                   2/1/2007        N                 550000                   1          0               2750                                                                               10550          12/29/2006              2      PF0630I_FIX-INTONLY                              0            550000                            110000     100                        782          34.074     1YR                                                             0           0           0               0
     1103642391       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              329600                329600               1/1/2007             12/1/2036                     2060      360      80     NY                   2/1/2007        N                 412000                   1          0               2060                                                                               10704          12/29/2006              8      SF0630I_FIX-INTONLY                              0            412500                             82400     100                        726               0     1YR                                                             0           0           0               0
     1103642393       2-4FAMILY                         2     OO        PURCHASE              N                             8.875                8.875              304850                304850               1/1/2007             12/1/2036                  2254.62      360      80     NY                   2/1/2007        N                 382000                   1          0            2254.62                                                                               10460          12/29/2006             17      PF0630I_FIX-INTONLY                              0            381100                             76220     100                        751          40.724     NO-PREPAY                                                       0           0           0               0
     1103642394       2-4FAMILY                         4     OO        REFI                  Y                              7.65                 7.65              508000             507677.07               1/1/2007             12/1/2036                  3399.45      360      80     NY                   2/1/2007        Y                 635000                   1          0            3399.45                                                                               11212          12/29/2006              2      PB0640_BALLOON                                   0                 0                             31750      85                        748          36.841     1YR                                                             0           0           0               0
     1103642517       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              455000                455000               1/1/2007             12/1/2036                  2464.58      360   79.14     CA                   2/1/2007        N                 585000                   1       3.25            2464.58                                                                               94550          12/28/2006              2      XA1605DI_ARM-INTONLY                             0            575000                                 0   79.14                        655           44.98     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642518       2-4FAMILY                         4     NOO       REFI                  Y                              6.25                 6.25              380000                380000               1/1/2007             12/1/2036                  1979.17      360   40.87     CA                   2/1/2007        N                 930000                   1       3.25            1979.17                                                                               92805          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   40.87                        709           20.24     3YR                                        12/1/2011            5           5           2            3.25
     1103642519       PUD                               1     OO        REFI                  Y                             6.375                6.375              207000             206805.44               1/1/2007             12/1/2036                  1099.69      360   55.95     CA                   2/1/2007        N                 370000                   1       3.25            1099.69                                                                               93446          12/28/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   55.95                        697               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642520       SFR                               1     OO        PURCHASE              N                                 7                    7              252000                252000               1/1/2007             12/1/2036                     1470      360      80     CA                   2/1/2007        N                 315000                   1       3.25               1470                                                                               95206          12/28/2006              2      XA1605DI_ARM-INTONLY                             0            315000                             63000     100                        676           41.46     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642521       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              417000                417000               1/1/2007             12/1/2036                  2258.75      360   78.68     CA                   2/1/2007        N                 530000                   1       3.25            2258.75                                                                               94565          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            530000                            113049     100                        706           42.94     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642522       SFR                               1     OO        PURCHASE              N                             6.875                6.875              482400                482400               1/1/2007             12/1/2036                  2763.75      360      80     CA                   2/1/2007        N                 605000                   1       3.25            2763.75                                                                               90250          12/28/2006              8      XA1605DI_ARM-INTONLY                             0            603000                            120600     100                        668               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642523       SFR                               1     OO        REFI                  Y                             6.375                6.375              345000                345000               1/1/2007             12/1/2036                  1832.81      360      75     CA                   2/1/2007        N                 460000                   1       3.25            1832.81                                                                               92316          12/28/2006             12      XA0605DI_ARM-INTONLY                             0                 0                             46000      85                        697               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642524       PUD                               1     OO        PURCHASE              N                                 6                    6              167200                167200               1/1/2007             12/1/2036                      836      360      80     PA                   2/1/2007        N                 214000                   1       2.25                836                                                                               19320          12/28/2006              1      XA1605DI_ARM-INTONLY                             0            209000                             41800     100                        676           44.22     3YR                                        12/1/2011            5           5           2            2.25
     1103642526       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              228000                228000               1/1/2007             12/1/2036                   1187.5      360      80     CA                   2/1/2007        N                 300000                   1       3.25             1187.5                                                                               92127          12/28/2006              1      XA1605DI_ARM-INTONLY                             0            285000                             57000     100                        642           40.46     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642527       SFR                               1     NOO       REFI                  N                             6.375                6.375              393000                393000               1/1/2007             12/1/2036                  2087.81      360   64.43     CA                   2/1/2007        N                 610000                   1       3.25            2087.81                                                                               92563          12/28/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   64.43                        705               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642528       SFR                               1     OO        PURCHASE              N                             6.375                6.375              248000                248000               1/1/2007             12/1/2036                   1317.5      360      80     CA                   2/1/2007        N                 340000                   1       3.25             1317.5                                                                               92544          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            310000                             62000     100                        747           40.95     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642529       PUD                               1     OO        REFI                  Y                             5.875                5.875              225000              223928.4               1/1/2007             12/1/2036                  1101.56      360   69.24     CA                   2/1/2007        N                 325000                   1       2.25            1101.56                                                                               94589          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   69.24                        799            27.5     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642530       SFR                               1     OO        REFI                  N                             6.625                6.625              504000                504000               1/1/2007             12/1/2036                   2782.5      360      70     CA                   2/1/2007        N                 720000                   1       3.25             2782.5                                                                               92703          12/28/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0      70                        678               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642531       SFR                               1     NOO       REFI                  Y                             6.875                6.875              544000             543916.67               1/1/2007             12/1/2036                  3116.67      360      80     CA                   2/1/2007        N                 680000                   1       3.25            3116.67                                                                               94578          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        733           40.75     1YR                                        12/1/2011            5           5           2            3.25
     1103642532       PUD                               1     OO        PURCHASE              N                             6.625                6.625              565609                565609               1/1/2007             12/1/2036                  3122.63      360      80     VA                   2/1/2007        N                 735000                   1       3.25            3122.63                                                                               22191          12/28/2006              8      XA0605DI_ARM-INTONLY                             0            707012                            105981   94.99                        708               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642533       SFR                               1     OO        REFI                  Y                              6.75                 6.75              273750                273750               1/1/2007             12/1/2036                  1539.84      360      75     CA                   2/1/2007        N                 365000                   1       3.25            1539.84                                                                               95360          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             54750      90                        682           39.66     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642534       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              116000                116000               1/1/2007             12/1/2036                   616.25      360      80     NJ                   2/1/2007        N                 145000                   1       2.25             616.25                                                                               08823          12/28/2006              1      XA0605DI_ARM-INTONLY                             0            145000                             29000     100                        729           37.32     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642535       PUD                               1     NOO       REFI                  N                             6.875                6.875              209000                209000               2/1/2007              1/1/2037                   1197.4      360   74.65     FL                   2/1/2007        N                 280000                   1       3.25             1197.4                                                                               32246          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   74.65                        713            44.6     1YR                                         1/1/2012            5           5           2            3.25
     1103642536       CONDO                             1     OO        PURCHASE              N                               6.5                  6.5              240000                240000               1/1/2007             12/1/2036                     1300      360      80     CA                   2/1/2007        N                 300000                   1       3.25               1300                                                                               91762          12/28/2006              2      XA1605DI_ARM-INTONLY                             0            300000                             60000     100                        661           41.62     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642538       CONDO                             1     OO        PURCHASE              N                                 7                    7              480000                480000               1/1/2007             12/1/2036                     2800      360      80     CA                   2/1/2007        N                 615000                   1       3.25               2800                                                                               94582          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            600000                            120000     100                        780           42.45     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642539       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              173600                173600               1/1/2007             12/1/2036                   940.33      360      80     AZ                   2/1/2007        N                 225000                   1       3.25             940.33                                                                               85323          12/28/2006              8      XA0605DI_ARM-INTONLY                             0            217000                             43400     100                        687               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642540       CONDO                             1     OO        REFI                  N                             6.375                6.375              301500                301500               1/1/2007             12/1/2036                  1601.72      360   79.35     CA                   2/1/2007        N                 380000                   1       3.25            1601.72                                                                               92126          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             73910    98.8                        745           46.26     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642542       SFR                               1     OO        REFI                  N                             6.375                6.375              412500                412500               2/1/2007              1/1/2037                  2191.41      360      75     CA                   2/1/2007        N                 550000                   1       3.25            2191.41                                                                               94931          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             55000      85                        695           34.45     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103642544       SFR                               1     OO        REFI                  Y                             6.625                6.625              664000                664000               1/1/2007             12/1/2036                  3665.83      360      80     CA                   2/1/2007        N                 830000                   1       3.25            3665.83                                                                               95117          12/28/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        672           42.43     3YR                                        12/1/2011            5           5           2            3.25
     1103642545       SFR                               1     2ND       PURCHASE              N                               7.5                  7.5              708000                708000               1/1/2007             12/1/2036                     4425      360      80     CA                   2/1/2007        N                 925000                   1       3.25               4425                                                                               92084          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            885000                             88500      90                        788           35.12     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642546       SFR                               1     OO        PURCHASE              N                             6.875                6.875              142400                142400               1/1/2007             12/1/2036                   815.83      360      80     NH                   2/1/2007        N                 178000                   1       3.25             815.83                                                                               03103          12/28/2006              1      XA2605DI_ARM-INTONLY                             0            178000                             35600     100                        633           48.92     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642547       SFR                               1     NOO       REFI                  Y                              6.25                 6.25              270000                270000               1/1/2007             12/1/2036                  1406.25      360   63.53     CA                   2/1/2007        N                 425000                   1       3.25            1406.25                                                                               90059          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   63.53                        728           40.02     3YR                                        12/1/2011            5           5           2            3.25
     1103642548       SFR                               1     OO        REFI                  Y                             6.375                6.375              350000                350000               1/1/2007             12/1/2036                  1859.38      360   58.34     CA                   2/1/2007        N                 600000                   1       3.25            1859.38                                                                               92307          12/28/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   58.34                        739               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642549       SFR                               1     NOO       REFI                  Y                              7.75                 7.75              206250                206250               2/1/2007              1/1/2037                  1332.03      360      75     CT                   2/1/2007        N                 275000                   1       3.25            1332.03                                                                               06513          12/28/2006              2      XA2605DI_ARM-INTONLY                             0                 0                                 0      75                        628           29.03     1YR                                         1/1/2012            5           5           2            3.25
     1103642550       PUD                               1     NOO       REFI                  Y                              6.25                 6.25              392000                392000               1/1/2007             12/1/2036                  2041.67      360      70     CA                   2/1/2007        N                 560000                   1       3.25            2041.67                                                                               92129          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      70                        741           45.19     3YR                                        12/1/2011            5           5           2            3.25
     1103642551       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              182478             182314.18               1/1/2007             12/1/2036                  1045.45      360      80     NJ                   2/1/2007        N                 229000                   1       3.25            1045.45                                                                               08075          12/28/2006              1      XA0605DI_ARM-INTONLY                             0            228123                             45602   99.99                        719              44     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642552       SFR                               1     OO        REFI                  Y                               6.5                  6.5              200000                200000               1/1/2007             12/1/2036                  1083.33      360   41.03     CA                   2/1/2007        N                 487500                   1       3.25            1083.33                                                                               94954          12/28/2006             12      XA2605DI_ARM-INTONLY                             0                 0                                 0   41.03                        634               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642553       SFR                               1     OO        REFI                  Y                             6.375                6.375              450000                450000               1/1/2007             12/1/2036                  2390.63      360   46.16     NH                   2/1/2007        N                 975000                   1       3.25            2390.63                                                                               03801          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   46.16                        715              34     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642554       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              196000                195950               1/1/2007             12/1/2036                  1061.67      360      80     AZ                   2/1/2007        N                 246000                   1       3.25            1061.67                                                                               85015          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            245000                             49000     100                        751           37.34     3YR                                        12/1/2011            5           5           2            3.25
     1103642556       SFR                               1     OO        REFI                  Y                              6.75                 6.75              304000                304000               1/1/2007             12/1/2036                     1710      360      80     CT                   2/1/2007        N                 380000                   1       2.25               1710                                                                               06234          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        709              41     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642557       SFR                               1     OO        REFI                  Y                              6.75                 6.75              397500                397500               1/1/2007             12/1/2036                  2235.94      360      75     CA                   2/1/2007        N                 530000                   1       3.25            2235.94                                                                               90745          12/28/2006              8      XA0605DI_ARM-INTONLY                             0                 0                            132500     100                        681               0     3YR                                        12/1/2011            5           5           2            3.25
     1103642558       SFR                               1     OO        REFI                  N                              6.25                 6.25              296000                296000               1/1/2007             12/1/2036                  1541.67      360      80     NJ                   2/1/2007        N                 370000                   1       2.25            1541.67                                                                               08854          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             66489   97.97                        747            39.5     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642559       SFR                               1     OO        REFI                  Y                             6.625                6.625              432000                432000               1/1/2007             12/1/2036                     2385      360      80     CA                   2/1/2007        N                 540000                   1       3.25               2385                                                                               90805          12/28/2006              2      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        668           47.48     3YR                                        12/1/2011            5           5           2            3.25
     1103642560       SFR                               1     OO        REFI                  N                              6.25                 6.25              304000                304000               1/1/2007             12/1/2036                  1583.33      360   73.26     CA                   2/1/2007        N                 415000                   1       2.25            1583.33                                                                               94603          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   73.26                        704           39.54     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642561       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              248000              247611.9               1/1/2007             12/1/2036                   1691.8      360      80     CT                   2/1/2007        N                 370000                   1       3.25             1691.8                                                                               06239          12/28/2006              2      XA0605D_ARM                                      0            310000                                 0      80                        718           44.02     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642562       PUD                               1     OO        REFI                  N                             6.625                6.625              195200                195200               1/1/2007             12/1/2036                  1077.67      360      80     AZ                   2/1/2007        N                 244000                   1       3.25            1077.67                                                                               85326          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             48800     100                        696           41.09     3YR                                        12/1/2011            5           5           2            3.25
     1103642563       SFR                               1     OO        REFI                  N                              6.75                 6.75              216000                216000               1/1/2007             12/1/2036                     1215      360      80     AZ                   2/1/2007        N                 270000                   1       3.25               1215                                                                               85015          12/28/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             40500      95                        678              42     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642564       PUD                               1     OO        REFI                  Y                             6.625                6.625              368000                368000               2/1/2007              1/1/2037                  2031.67      360      80     AZ                   2/1/2007        N                 460000                   1       3.25            2031.67                                                                               85086          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        687           45.34     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103642565       SFR                               1     OO        PURCHASE              N                             6.625                6.625              412000                412000               1/1/2007             12/1/2036                  2274.58      360      80     CA                   2/1/2007        N                 525000                   1       3.25            2274.58                                                                               95401          12/28/2006              2      XA0605DI_ARM-INTONLY                             0            515000                            103000     100                        684           33.54     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642567       SFR                               1     NOO       REFI                  Y                             6.625                6.625              308000             307455.02               1/1/2007             12/1/2036                  1972.16      360      80     CA                   2/1/2007        N                 385000                   1       3.25            1972.16                                                                               95621          12/28/2006              1      XA0605D_ARM                                      0                 0                                 0      80                        692           47.33     3YR                                        12/1/2011            5           5           2            3.25
     1103642568       CONDO                             1     OO        REFI                  Y                              7.25                 7.25              129600                129600               1/1/2007             12/1/2036                      783      360   78.55     AZ                   2/1/2007        N                 165000                   1       3.25                783                                                                               85719          12/28/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             32406   98.19                        666           25.74     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103642569       PUD                               1     OO        REFI                  Y                              7.75                 7.75              492000                492000               2/1/2007              1/1/2037                   3177.5      360      80     AZ                   2/1/2007        N                 615000                   1       3.25             3177.5                                                                               85242          12/28/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        643               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103642570       PUD                               1     OO        REFI                  Y                             5.875                5.875              388000              387206.9               1/1/2007             12/1/2036                  2295.17      360      80     VA                   2/1/2007        N                 485000                   1       2.25            2295.17                                                                               20148          12/28/2006              2      XA0605D_ARM                                      0                 0                             44960   89.28                        731           43.29     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642571       SFR                               1     OO        REFI                  N                             6.625                6.625              698000             697853.54               1/1/2007             12/1/2036                  3853.54      360   77.56     CA                   2/1/2007        N                 900000                   1       2.25            3853.54                                                                               94066          12/28/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             99990   88.67                        687           43.14     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642572       2-4FAMILY                         4     NOO       REFI                  Y                               6.5                  6.5              682500                682500               1/1/2007             12/1/2036                  3696.88      360      65     CA                   2/1/2007        N                1050000                   1       3.25            3696.88                                                                               90242          12/28/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      65                        710           38.71     3YR                                        12/1/2011            5           5           2            3.25
     1103642586       SFR                               1     OO        REFI                  Y                              6.75                 6.75              406000             405999.88              10/1/2006              9/1/2036                  2283.75      360      70     CO                   2/1/2007        N                 580000                   1       2.25            2283.75                                                                               80207          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0      70                        674         49.4339     3YR                                         9/1/2011            6           6           2            2.25
     1103642587       PUD                               1     OO        PURCHASE              N                              7.25                 7.25               83920              83518.73              10/1/2006              9/1/2036                   572.49      360      80     AZ                   2/1/2007        N                 105000                   1       2.25             572.49                                                                               85033          12/29/2006             12      XA0605D_ARM                                      0            104900                                 0      80                        694               0     3YR                                         9/1/2011            6           6           2            2.25
     1103642588       PUD                               1     OO        REFI                  Y                             6.875                6.875              605500                605350              11/1/2006             10/1/2036                  3469.01      360      70     VA                   2/1/2007        N                 865000                   1       2.25            3469.01                                                                               22030          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      70                        732         35.9061     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642589       SFR                               1     OO        REFI                  N                             6.875                6.875              324000             323795.15              10/1/2006              9/1/2036                  1856.25      360      80     MN                   2/1/2007        N                 405000                   1       2.25            1856.25                                                                               55371          12/29/2006             12      SA1605EI_ARM-INTONLY                             0                 0                             40500      90                        690               0     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642590       PUD                               1     OO        PURCHASE              N                             6.875                6.875              400000             399909.26              10/1/2006              9/1/2036                  2291.67      360      80     AZ                   2/1/2007        N                 505000                   1       2.25            2291.67                                                                               85641          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            500000                             75000      95                        717         36.2758     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642591       PUD                               1     OO        PURCHASE              N                             7.625                7.625              163992                163992              10/1/2006              9/1/2036                  1042.03      360      80     GA                   2/1/2007        N                 205000                   1       2.25            1042.03                                                                               30052          12/29/2006             12      SA2605EI_ARM-INTONLY                             0            204990                                 0      80                        664               0     NO-PREPAY                                   9/1/2011            5           5           1            2.25
     1103642592       PUD                               1     OO        PURCHASE              N                             7.375                7.375              221600                221600              10/1/2006              9/1/2036                  1361.92      360      80     NM                   2/1/2007        N                 277000                   1       2.75            1361.92                                                                               87113          12/29/2006             12      SA1605EI_ARM-INTONLY                             0            277000                                 0      80                        731               0     NO-PREPAY                                   9/1/2011            6           6           2           7.375
     1103642593       SFR                               1     OO        REFI                  Y                                 7                    7              387200                387200              10/1/2006              9/1/2036                  2258.67      360      70     VA                   2/1/2007        N                 553200                   1       2.25            2258.67                                                                               23322          12/29/2006             12      SA1605EI_ARM-INTONLY                             0                 0                             83035   85.01                        718               0     3YR                                         9/1/2011            6           6           2            2.25
     1103642594       PUD                               1     OO        REFI                  N                               6.5                  6.5              459700             458024.13              11/1/2006             10/1/2036                  2905.62      360   76.62     ID                   2/1/2007        N                 600000                   1       2.25            2905.62                                                                               83642          12/29/2006              1      XA0605D_ARM                                      0                 0                                 0   76.62                        739         18.9108     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642595       2-4FAMILY                         2     NOO       REFI                  Y                                 7                    7              165000             164259.73              10/1/2006              9/1/2036                  1097.75      360   39.29     FL                   2/1/2007        N                 420000                   1       2.25            1097.75                                                                               33133          12/29/2006             12      XA1605D_ARM                                      0                 0                                 0   39.29                        673               0     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642596       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              684324                684324              11/1/2006             10/1/2036                  3849.32      360      80     MD                   2/1/2007        N                 856000                   1       2.25            3849.32                                                                               20705          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            855405                                 0      80                        732         32.9046     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642597       SFR                               1     OO        REFI                  Y                             6.375                6.375              192500             191781.13              11/1/2006             10/1/2036                  1200.95      360      70     AZ                   2/1/2007        N                 275000                   1       2.25            1200.95                                                                               85203          12/29/2006             12      SA2605E_ARM                                      0                 0                                 0      70                        671               0     3YR                                        10/1/2011            6           6           2            2.25
     1103642598       SFR                               1     OO        REFI                  N                              6.25                 6.25              440000             437146.32              11/1/2006             10/1/2036                  2291.67      360      80     CA                   2/1/2007        N                 550000                   1       2.25            2291.67                                                                               95492          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             23045   84.19                        736         31.0916     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642599       SFR                               1     OO        REFI                  N                               6.5                  6.5              459500                459500              11/1/2006             10/1/2036                  2488.96      360   78.55     AZ                   2/1/2007        N                 585000                   1       2.25            2488.96                                                                               85254          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   78.55                        701          37.887     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642600       PUD                               1     OO        REFI                  Y                              6.75                 6.75              531000                531000              11/1/2006             10/1/2036                  2986.88      360      75     AZ                   2/1/2007        N                 708000                   1       2.25            2986.88                                                                               86336          12/29/2006              1      XA1605DI_ARM-INTONLY                             0                 0                             49985   82.06                        674         40.7468     3YR                                        10/1/2011            5           5           2            2.25
     1103642601       SFR                               1     OO        REFI                  Y                             5.875                5.875              648000             647599.46              11/1/2006             10/1/2036                   3172.5      360      80     CA                   2/1/2007        N                 810000                   1       2.25             3172.5                                                                               94122          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             60993   87.53                        732         39.7098     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642602       PUD                               1     OO        REFI                  N                             5.875                5.875              528000                528000              11/1/2006             10/1/2036                     2585      360   75.43     AZ                   2/1/2007        N                 700000                   1       2.25               2585                                                                               85310          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   75.43                        740         33.1019     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642603       PUD                               1     OO        REFI                  Y                               6.5                  6.5              975000                975000              12/1/2006             11/1/2036                  5281.25      360      65     AZ                   2/1/2007        N                1500000                   1       2.25            5281.25                                                                               85749          12/29/2006              1      XA1605DI_ARM-INTONLY                             0                 0                                 0      65                        664         34.7414     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642604       SFR                               1     OO        REFI                  Y                             6.875                6.875              428000                428000              11/1/2006             10/1/2036                  2452.08      360      80     CA                   2/1/2007        N                 535000                   1       2.25            2452.08                                                                               92111          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        671          45.161     3YR                                        10/1/2011            6           6           2            2.25
     1103642605       SFR                               1     OO        REFI                  Y                             6.875                6.875              536000                536000              11/1/2006             10/1/2036                  3070.83      360      80     CA                   2/1/2007        N                 670000                   1       2.25            3070.83                                                                               91340          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        661         44.9066     3YR                                        10/1/2011            6           6           2            2.25
     1103642606       PUD                               1     OO        PURCHASE              N                             6.875                6.875              210400                210400              11/1/2006             10/1/2036                  1205.42      360      80     AZ                   2/1/2007        N                 305000                   1       2.75            1205.42                                                                               85297          12/29/2006             12      SA1605EI_ARM-INTONLY                             0            263000                             26300      90                        702               0     NO-PREPAY                                  10/1/2011            5           5           1            2.75
     1103642607       PUD                               1     OO        PURCHASE              N                             6.125                6.125              519299             517264.56              11/1/2006             10/1/2036                  3155.32      360      80     WA                   2/1/2007        N                 650000                   1       2.25            3155.32                                                                               98029          12/29/2006             17      XA0605D_ARM                                      0            649124                                 0      80                        703         42.6208     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642608       PUD                               1     OO        PURCHASE              N                             7.375                7.375              363200                363200              11/1/2006             10/1/2036                  2232.17      360      80     NC                   2/1/2007        N                 460000                   1       3.25            2232.17                                                                               28117          12/29/2006             12      XA1605DI_ARM-INTONLY                             0            454000                             31780      87                        664               0     NO-PREPAY                                  10/1/2011            5           5           2            3.25
     1103642609       PUD                               1     OO        PURCHASE              N                             6.875                6.875              231328             229268.06              11/1/2006             10/1/2036                  1325.32      360      80     AZ                   2/1/2007        N                 292000                   1       2.25            1325.32                                                                               85741          12/29/2006             12      XA0605DI_ARM-INTONLY                             0            289160                                 0      80                        732               0     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642610       SFR                               1     NOO       REFI                  Y                               6.5                  6.5               78331              77930.91              11/1/2006             10/1/2036                   495.11      360   68.12     VA                   2/1/2007        N                 115000                   1       3.25             495.11                                                                               23607          12/29/2006             12      XA1605D_ARM                                      0                 0                                 0   68.12                        672               0     3YR                                        10/1/2011            5           5           2            3.25
     1103642611       SFR                               1     NOO       REFI                  Y                                 8                    8               62000              61831.88              11/1/2006             10/1/2036                   454.93      360   79.49     PA                   2/1/2007        N                  78000                   1       2.25             454.93                                                                               18702          12/29/2006             17      PA0605E_ARM                                      0                 0                                 0   79.49                        701         37.7707     3YR                                        10/1/2011            5           5           1            2.25
     1103642612       PUD                               1     OO        REFI                  Y                                 7                    7              960000             959461.55              11/1/2006             10/1/2036                     5600      360      80     AZ                   2/1/2007        N                1200000                   1       3.25               5600                                                                               85086          12/29/2006              8      XA0605DI_ARM-INTONLY                             0                 0                            175560   94.63                        722               0     NO-PREPAY                                  10/1/2011            5           5           2            3.25
     1103642613       SFR                               1     OO        REFI                  Y                                 6                    6              412500             412322.11              11/1/2006             10/1/2036                   2062.5      360      75     CA                   2/1/2007        N                 550000                   1       2.25             2062.5                                                                               94952          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             76505   88.91                        740         39.5361     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642614       PUD                               1     OO        PURCHASE              N                              6.25                 6.25              536973             535434.98              12/1/2006             11/1/2036                  3306.24      360      80     CA                   2/1/2007        N                 671500                   1       2.25            3306.24                                                                               90305          12/29/2006             17      XA0605D_ARM                                      0            671217                             67122      90                        716         42.2103     1YR                                        11/1/2011            5           5           2            2.25
     1103642616       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              429000             427392.53              11/1/2006             10/1/2036                  2782.49      360      65     CA                   2/1/2007        N                 660000                   1       2.25            2782.49                                                                               95112          12/29/2006             17      XA1605D_ARM                                      0                 0                                 0      65                        678         24.2003     1YR                                        10/1/2011            5           5           2            2.25
     1103642617       PUD                               1     OO        REFI                  N                              6.25                 6.25              639975             639951.32              12/1/2006             11/1/2036                   3333.2      360    79.5     KS                   2/1/2007        N                 805000                   1       2.25             3333.2                                                                               67230          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             84525      90                        710           30.93     6MO                                        11/1/2011            5           5           2            2.25
     1103642618       PUD                               1     2ND       PURCHASE              N                             6.625                6.625              480000             478291.96              11/1/2006             10/1/2036                  3073.49      360      80     CA                   2/1/2007        N                 600000                   1       2.25            3073.49                                                                               91913          12/29/2006             17      XA1605D_ARM                                      0            600000                                 0      80                        660         28.8577     1YR                                        10/1/2011            5           5           2            2.25
     1103642619       SFR                               1     OO        REFI                  Y                             5.625                5.625              620000                620000              12/1/2006             11/1/2036                  2906.25      360   59.05     AZ                   2/1/2007        N                1050000                   1       2.25            2906.25                                                                               85086          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   59.05                        732         46.9093     3YR                                        11/1/2011            5           5           2            2.25
     1103642620       SFR                               1     OO        PURCHASE              N                                 6                    6             1000000             993951.77               9/1/2006              8/1/2036                  5995.51      360   79.06     CA                   2/1/2007        N                1265000                   1       2.25            5995.51                                                                               95014          12/29/2006             17      XA0605D_ARM                                      0           1265000                            138518   90.01                        730         42.4196     NO-PREPAY                                   8/1/2011            5           5           2            2.25
     1103642621       SFR                               1     OO        REFI                  Y                             5.875                5.875              372000                372000              11/1/2006             10/1/2036                  1821.25      360      80     CA                   2/1/2007        N                 465000                   1       2.25            1821.25                                                                               91762          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        663         26.7694     3YR                                        10/1/2011            5           5           2            2.25
     1103642623       CONDO                             1     OO        REFI                  Y                             5.875                5.875              215000             214116.71              11/1/2006             10/1/2036                  1271.81      360   55.13     CA                   2/1/2007        N                 390000                   1       2.25            1271.81                                                                               91342          12/29/2006             12      XA0605D_ARM                                      0                 0                                 0   55.13                        713               0     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642624       SFR                               1     OO        REFI                  Y                             7.375                7.375              577500                577500              10/1/2006              9/1/2036                  3549.22      360      70     UT                   2/1/2007        N                 825000                   1       2.25            3549.22                                                                               84054          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                            165000      90                        661          39.819     NO-PREPAY                                   9/1/2011            5           5           2            2.25
     1103642625       PUD                               1     OO        REFI                  N                             5.625                5.625              652000                652000              12/1/2006             11/1/2036                  3056.25      360      80     CA                   2/1/2007        N                 815000                   1       2.25            3056.25                                                                               92010          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             43032   85.28                        738         45.5273     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642626       SFR                               1     OO        PURCHASE              N                             6.375                6.375              624000             623903.65              10/1/2006              9/1/2036                     3315      360   78.99     TX                   2/1/2007        N                 800000                   1       2.25               3315                                                                               77055          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            790000                                 0   78.99                        703         31.0182     5YR                                         9/1/2011            5           5           2            2.25
     1103642627       SFR                               1     OO        REFI                  Y                             5.625                5.625              480000                480000              11/1/2006             10/1/2036                     2250      360      80     CA                   2/1/2007        N                 600000                   1       2.25               2250                                                                               94568          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        740         44.5876     1YR                                        10/1/2011            5           5           2            2.25
     1103642629       SFR                               1     OO        REFI                  N                             6.125                6.125              488000                488000              12/1/2006             11/1/2036                  2490.83      360      80     CA                   2/1/2007        N                 610000                   1       2.25            2490.83                                                                               92683          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             50020    88.2                        701         37.0843     1YR                                        11/1/2011            5           5           2            2.25
     1103642630       PUD                               1     OO        REFI                  N                             5.875                5.875              457600             457599.97              11/1/2006             10/1/2036                  2240.33      360      80     CA                   2/1/2007        N                 572000                   1       2.25            2240.33                                                                               91915          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        688          37.281     1YR                                        10/1/2011            5           5           2            2.25
     1103642631       SFR                               1     OO        REFI                  Y                              6.25                 6.25              448000                448000              11/1/2006             10/1/2036                  2333.33      360      80     IN                   2/1/2007        N                 560000                   1       2.25            2333.33                                                                               47119          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             39984   87.14                        727          47.665     1YR                                        10/1/2011            5           5           2            2.25
     1103642632       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              899000                899000              12/1/2006             11/1/2036                  4963.23      360   79.99     HI                   2/1/2007        N                1150000                   1       2.25            4963.23                                                                               96753          12/29/2006             17      XA0605DI_ARM-INTONLY                             0           1124000                                 0   79.99                        710         27.4824     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642634       PUD                               1     OO        REFI                  N                             6.875                6.875              450000                450000              12/1/2006             11/1/2036                  2578.13      360   44.78     UT                   2/1/2007        N                1005000                   1       2.25            2578.13                                                                               84062          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                            249944   69.65                        727          54.743     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642635       SFR                               1     OO        REFI                  N                             5.875                5.875              296000                296000              11/1/2006             10/1/2036                  1449.17      360      80     CA                   2/1/2007        N                 370000                   1       2.25            1449.17                                                                               95945          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             55500      95                        740         45.1619     3YR                                        10/1/2011            5           5           2            2.25
     1103642636       PUD                               1     OO        REFI                  N                                 6                    6              700000                700000              12/1/2006             11/1/2036                     3500      360      80     CA                   2/1/2007        N                 875000                   1       2.25               3500                                                                               92025          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             52238   85.97                        700         27.1365     1YR                                        11/1/2011            5           5           2            2.25
     1103642637       PUD                               1     OO        REFI                  N                             5.875                5.875              760000                760000              12/1/2006             11/1/2036                  3720.83      360      80     CA                   2/1/2007        N                 950000                   1       2.25            3720.83                                                                               94547          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             61845   86.51                        740         42.8362     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642638       SFR                               1     OO        REFI                  Y                             5.875                5.875              595000             593042.51              12/1/2006             11/1/2036                  3519.65      360   79.34     CA                   2/1/2007        N                 750000                   1       2.25            3519.65                                                                               91750          12/29/2006              1      XA0605D_ARM                                      0                 0                                 0   79.34                        703         41.2798     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642639       PUD                               1     OO        PURCHASE              N                               5.5                  5.5              440000              438060.3              11/1/2006             10/1/2036                  2498.27      360   74.58     KS                   2/1/2007        N                 592000                   1       2.25            2498.27                                                                               66221          12/29/2006              1      XA0605D_ARM                                      0            590000                                 0   74.58                        699         53.4695     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642640       SFR                               1     OO        PURCHASE              N                             5.625                5.625              475027                475027              12/1/2006             11/1/2036                  2226.69      360      80     KY                   2/1/2007        N                 600000                   1       2.25            2226.69                                                                               40245          12/29/2006              1      XA0605DI_ARM-INTONLY                             0            593785                             89068      95                        711         47.3989     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642641       SFR                               1     OO        REFI                  N                             5.875                5.875             1520000            1513301.72              11/1/2006             10/1/2036                  8991.37      360   72.39     MN                   2/1/2007        N                2100000                   1       2.25            8991.37                                                                               55373          12/29/2006              1      XA0605D_ARM                                      0                 0                                 0   72.39                        721         10.5255     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642642       SFR                               1     OO        REFI                  Y                             6.625                6.625              586600                586600              12/1/2006             11/1/2036                  3238.52      360      70     CT                   2/1/2007        N                 838000                   1       2.25            3238.52                                                                               06443          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      70                        724         50.5669     3YR                                        11/1/2011            5           5           2            2.25
     1103642643       SFR                               1     OO        REFI                  Y                              8.25                 8.25              344800             343911.41              11/1/2006             10/1/2036                  2590.37      360      80     IL                   2/1/2007        N                 431000                   1       2.25            2590.37                                                                               60625          12/29/2006             12      SA1605E_ARM                                      0                 0                                 0      80                        698               0     NO-PREPAY                                  10/1/2011            5           5           1            2.25
     1103642644       SFR                               1     OO        REFI                  Y                              6.75                 6.75              416000                416000              10/1/2006              9/1/2036                     2340      360      80     CA                   2/1/2007        N                 520000                   1       2.75               2340                                                                               92555          12/29/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        663         49.0614     3YR                                         9/1/2011            5           5           1            2.75
     1103642645       SFR                               1     2ND       REFI                  N                             6.875                6.875           197164.13             196326.37              10/1/2006              9/1/2036                  1295.23      360   55.54     FL                   2/1/2007        N                 355000                   1       2.25            1295.23                                                                               32060          12/29/2006             17      XA1605D_ARM                                      0                 0                                 0   55.54                        669          49.682     NO-PREPAY                                   9/1/2011            5           5           2            2.25
     1103642646       SFR                               1     OO        REFI                  N                              6.75                 6.75           220400.58             219159.44               9/1/2006              8/1/2036                  1239.75      360   79.43     AZ                   2/1/2007        N                 277500                   1       2.25            1239.75                                                                               85615          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   79.43                        704         50.9356     NO-PREPAY                                   8/1/2011            5           5           2            2.25
     1103642647       SFR                               1     OO        PURCHASE              N                             6.375                6.375             1000000             994368.47               9/1/2006              8/1/2036                   6238.7      360   76.99     WI                   2/1/2007        N                1350000                   1       2.25             6238.7                                                                               53146          12/29/2006             17      XA0605D_ARM                                      0           1299000                            164194   89.63                        731         48.2206     NO-PREPAY                                   8/1/2011            5           5           2            2.25
     1103642648       PUD                               1     OO        PURCHASE              N                             5.875                5.875              690000             685414.22               9/1/2006              8/1/2036                  3378.13      360      75     MD                   2/1/2007        N                 925000                   1       2.25            3378.13                                                                               21043          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            920025                                 0      75                        707              37     NO-PREPAY                                   8/1/2011            5           5           2            2.25
     1103642649       SFR                               1     OO        REFI                  Y                              6.75                 6.75              200000             199983.66               9/1/2006              8/1/2036                  1124.98      360   57.48     AZ                   2/1/2007        N                 348000                   1       2.25            1124.98                                                                               85251          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   57.48                        697         44.5637     NO-PREPAY                                   8/1/2011            5           2           2            2.25
     1103642650       2-4FAMILY                         2     OO        PURCHASE              N                               6.5                  6.5              588000             584767.15               9/1/2006              8/1/2036                  3716.56      360      80     CA                   2/1/2007        N                 750000                   1       2.25            3716.56                                                                               90006          12/29/2006             17      XA0605D_ARM                                      0            735000                                 0      80                        739         45.2815     1YR                                         8/1/2011            5           5           2            2.25
     1103642651       SFR                               1     OO        PURCHASE              N                                 8                    8              746250                746250               9/1/2006              8/1/2036                     4975      360      75     NC                   2/1/2007        N                 995000                   1       2.25               4975                                                                               27587          12/29/2006             17      PA1605EI_ARM-INTONLY                             0            995000                                 0      75                        661           30.55     1YR                                         8/1/2011            6           6           2            2.25
     1103642652       PUD                               1     OO        REFI                  N                              6.75                 6.75              218800             218756.44              11/1/2006             10/1/2036                  1230.75      360   65.32     AZ                   2/1/2007        N                 335000                   1       2.25            1230.75                                                                               85086          12/29/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0   65.32                        665               0     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642653       SFR                               1     OO        REFI                  Y                             6.375                6.375              377000             375235.11              10/1/2006              9/1/2036                  2351.99      360   74.66     CA                   2/1/2007        N                 505000                   1       2.25            2351.99                                                                               91901          12/29/2006             17      PA0605E_ARM                                      0                 0                                 0   74.66                        684         32.4244     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642654       SFR                               1     OO        REFI                  Y                             6.375                6.375              820000             819782.19              11/1/2006             10/1/2036                  4356.25      360      80     PA                   2/1/2007        N                1025000                   1       2.25            4356.25                                                                               19422          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        707          46.732     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642655       SFR                               1     OO        REFI                  Y                              5.75                 5.75              352000                352000              11/1/2006             10/1/2036                  1686.67      360    74.9     CA                   2/1/2007        N                 470000                   1       2.25            1686.67                                                                               92335          12/29/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0    74.9                        691         39.2903     3YR                                        10/1/2011            6           6           2            2.25
     1103642656       PUD                               1     OO        PURCHASE              N                             6.875                6.875              515200             488890.62              11/1/2006             10/1/2036                  2951.67      360      80     IL                   2/1/2007        N                 645000                   1       2.25            2951.67                                                                               60618          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            644000                                 0      80                        738         43.6898     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642657       SFR                               1     OO        REFI                  N                             6.375                6.375              389000                389000              11/1/2006             10/1/2036                  2066.56      360   77.03     MN                   2/1/2007        N                 505000                   1       2.25            2066.56                                                                               55330          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0   77.03                        663          36.169     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642658       SFR                               1     OO        PURCHASE              N                             6.875                6.875              520000             518237.47              11/1/2006             10/1/2036                  3416.03      360      80     PA                   2/1/2007        N                 673000                   1       2.25            3416.03                                                                               15044          12/29/2006             17      XA0605D_ARM                                      0            650000                                 0      80                        717         28.6601     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642659       SFR                               1     OO        REFI                  Y                                 6                    6              490000                490000              11/1/2006             10/1/2036                     2450      360   78.15     ID                   2/1/2007        N                 627000                   1       2.25               2450                                                                               83860          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   78.15                        730         53.8648     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642660       PUD                               1     OO        REFI                  Y                                 6                    6              559000             553592.41              11/1/2006             10/1/2036                  3351.49      360   69.88     WI                   2/1/2007        N                 800000                   1       2.25            3351.49                                                                               53092          12/29/2006              1      XA1605D_ARM                                      0                 0                                 0   69.88                        673         37.7382     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642661       PUD                               1     OO        REFI                  N                               6.5                  6.5              486400                486400              12/1/2006             11/1/2036                  2634.67      360   71.53     GA                   2/1/2007        N                 680000                   1       2.25            2634.67                                                                               30041          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   71.53                        710         23.2722     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642662       SFR                               1     OO        REFI                  Y                             6.875                6.875              152250                152250              10/1/2006              9/1/2036                   872.27      360      75     OR                   2/1/2007        N                 203000                   1       2.25             872.27                                                                               97501          12/29/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0      75                        684               0     3YR                                         9/1/2011            5           5           2            2.25
     1103642663       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              788000                788000              11/1/2006             10/1/2036                  4104.17      360      80     HI                   2/1/2007        N                1000000                   1       2.25            4104.17                                                                               96713          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            985000                                 0      80                        706         36.2305     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642664       SFR                               1     OO        PURCHASE              N                                 6                    6              518793              516711.6              11/1/2006             10/1/2036                  3110.43      360      80     CA                   2/1/2007        N                 650000                   1       2.25            3110.43                                                                               93306          12/29/2006             17      XA0605D_ARM                                      0            648492                                 0      80                        727         44.3632     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642665       SFR                               1     OO        PURCHASE              N                              7.25                 7.25              244000                244000               9/1/2006              8/1/2036                  1474.17      360      80     UT                   2/1/2007        N                 305000                   1       2.25            1474.17                                                                               84047          12/29/2006             12      SA1605EI_ARM-INTONLY                             0            305000                             30500      90                        714               0     NO-PREPAY                                   8/1/2011            6           6           2            2.25
     1103642666       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              278488                278488              10/1/2006              9/1/2036                  1508.48      360      80     AZ                   2/1/2007        N                 406000                   1       2.25            1508.48                                                                               85379          12/29/2006              1      PA1605EI_ARM-INTONLY                             0            348111                             34811      90                        677         48.2138     NO-PREPAY                                   9/1/2011            5           5           1            2.25
     1103642667       PUD                               1     OO        REFI                  Y                             7.125                7.125              224000                224000              10/1/2006              9/1/2036                     1330      360      80     AZ                   2/1/2007        N                 280000                   1       2.25               1330                                                                               85323          12/29/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        703               0     3YR                                         9/1/2011            6           6           2            2.25
     1103642668       SFR                               1     OO        REFI                  Y                              6.75                 6.75              255000                255000              10/1/2006              9/1/2036                  1434.38      360   61.45     OR                   2/1/2007        N                 415000                   1       2.25            1434.38                                                                               97526          12/29/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0   61.45                        673               0     3YR                                         9/1/2011            6           6           2            2.25
     1103642670       SFR                               1     OO        REFI                  Y                             7.125                7.125              402400             401101.33              11/1/2006             10/1/2036                  2711.04      360      80     CA                   2/1/2007        N                 503000                   1       2.75            2711.04                                                                               92882          12/29/2006             12      SA1605E_ARM                                      0                 0                             73488   94.61                        684               0     3YR                                        10/1/2011            5           5           1            2.75
     1103642671       PUD                               1     OO        PURCHASE              N                               7.5                  7.5              266721                266721              11/1/2006             10/1/2036                  1667.01      360      80     AZ                   2/1/2007        N                 348000                   1       2.25            1667.01                                                                               85629          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            333402                             50010      95                        723          41.949     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642672       PUD                               1     OO        PURCHASE              N                             7.125                7.125              365290                365290              11/1/2006             10/1/2036                  2168.91      360      80     UT                   2/1/2007        N                 459000                   1       2.25            2168.91                                                                               84043          12/29/2006             17      PA1605EI_ARM-INTONLY                             0            456613                             68492      95                        669         43.3664     NO-PREPAY                                  10/1/2011            5           5           1            2.25
     1103642673       PUD                               1     OO        PURCHASE              N                                 6                    6              327498                327498              11/1/2006             10/1/2036                  1637.49      360      80     AZ                   2/1/2007        N                 410000                   1       2.25            1637.49                                                                               85382          12/29/2006              1      XA0605DI_ARM-INTONLY                             0            409373                             40937      90                        685          36.794     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642674       SFR                               1     OO        REFI                  Y                               6.5                  6.5              502000                502000              12/1/2006             11/1/2036                  2719.17      360   70.71     IL                   2/1/2007        N                 710000                   1       2.25            2719.17                                                                               60302          12/29/2006              1      XA1605DI_ARM-INTONLY                             0                 0                                 0   70.71                        680         51.2323     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642675       PUD                               1     2ND       PURCHASE              N                             6.125                6.125              483000             481067.72              12/1/2006             11/1/2036                  2934.76      360      60     TN                   2/1/2007        N                 824000                   1       2.25            2934.76                                                                               37774          12/29/2006              1      XA0605D_ARM                                      0            805000                                 0      60                        683         41.3088     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642677       PUD                               1     OO        REFI                  N                             6.125                6.125              729600             729310.54              11/1/2006             10/1/2036                     3724      360      80     VA                   2/1/2007        N                 912000                   1       2.25               3724                                                                               20136          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        720         51.0127     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642678       PUD                               1     OO        REFI                  Y                             5.875                5.875              167200              167199.7              11/1/2006             10/1/2036                   818.58      360   73.99     AZ                   2/1/2007        N                 226000                   1       2.25             818.58                                                                               85326          12/29/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   73.99                        717               0     1YR                                        10/1/2011            5           5           2            2.25
     1103642679       SFR                               1     OO        REFI                  Y                               6.5                  6.5              425000             424949.93              11/1/2006             10/1/2036                  2302.08      360   70.84     IL                   2/1/2007        N                 600000                   1       2.25            2302.08                                                                               60067          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                            115020   90.01                        716         50.3991     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642680       CONDO                             1     OO        REFI                  N                             6.375                6.375              496946                496946              12/1/2006             11/1/2036                  2640.03      360      80     CA                   2/1/2007        N                 621183                   1       2.25            2640.03                                                                               92101          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             62118      90                        740         19.9265     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642681       PUD                               1     OO        PURCHASE              N                                 6                    6             1440000            1435677.87              12/1/2006             11/1/2036                  8633.53      360      80     FL                   2/1/2007        N                1800000                   1       2.25            8633.53                                                                               33076          12/29/2006              1      XA0605D_ARM                                      0           1800000                                 0      80                        700          8.1654     1YR                                        11/1/2011            5           5           2            2.25
     1103642682       SFR                               1     OO        REFI                  N                              6.25                 6.25              612000                612000              12/1/2006             11/1/2036                   3187.5      360      80     CA                   2/1/2007        N                 765000                   1       2.25             3187.5                                                                               92865          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             25016   83.27                        721         36.6234     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642683       PUD                               1     OO        REFI                  Y                             5.375                5.375              195000                195000              11/1/2006             10/1/2036                   873.44      360   72.23     AZ                   2/1/2007        N                 270000                   1       2.25             873.44                                                                               85379          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0   72.23                        661         43.0584     5YR                                        10/1/2011            5           5           2            2.25
     1103642685       SFR                               1     OO        REFI                  N                             6.625                6.625             1000000               1000000              12/1/2006             11/1/2036                  5520.83      360   60.61     CO                   2/1/2007        N                1650000                   1       2.25            5520.83                                                                               80231          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                            349965   81.82                        700         27.8237     1YR                                        11/1/2011            5           5           2            2.25
     1103642686       SFR                               1     OO        REFI                  Y                                 6                    6              450000             448647.29              12/1/2006             11/1/2036                  2697.98      360   61.23     CA                   2/1/2007        N                 735000                   1       2.25            2697.98                                                                               91304          12/29/2006             17      XA0605D_ARM                                      0                 0                                 0   61.23                        732         31.1732     3YR                                        11/1/2011            5           5           2            2.25
     1103642687       SFR                               1     OO        REFI                  N                             5.875                5.875              530500             530123.12              12/1/2006             11/1/2036                  2597.24      360   78.95     MA                   2/1/2007        N                 672000                   1       2.25            2597.24                                                                               02472          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   78.95                        711         43.7279     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642688       PUD                               1     OO        PURCHASE              N                             6.125                6.125              880000              876552.5              11/1/2006             10/1/2036                  5346.97      360      80     AZ                   2/1/2007        N                1100000                   1       2.25            5346.97                                                                               85213          12/29/2006             17      XA0605D_ARM                                      0           1100000                                 0      80                        721         50.1301     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642689       SFR                               1     OO        REFI                  Y                             7.375                7.375              562000                562000              11/1/2006             10/1/2036                  3453.96      360   74.94     ID                   2/1/2007        N                 750000                   1       2.25            3453.96                                                                               83406          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0   74.94                        663         35.1904     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642690       SFR                               1     2ND       REFI                  Y                                 8                    8              800000             798378.87              12/1/2006             11/1/2036                  5870.12      360   74.42     IL                   2/1/2007        N                1075000                   1       2.25            5870.12                                                                               60543          12/29/2006              8      XA0605D_ARM                                      0                 0                                 0   74.42                        684               0     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642691       SFR                               1     OO        REFI                  N                              6.25                 6.25              528000             526266.42              12/1/2006             11/1/2036                     2750      360      80     CA                   2/1/2007        N                 660000                   1       2.25               2750                                                                               94545          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        737         24.0497     1YR                                        11/1/2011            5           5           2            2.25
     1103642692       SFR                               1     OO        REFI                  Y                               6.5                  6.5              476000                476000              12/1/2006             11/1/2036                  2578.33      360   58.41     AZ                   2/1/2007        N                 815000                   1       2.25            2578.33                                                                               86406          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0   58.41                        721         18.8209     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642693       SFR                               1     OO        REFI                  N                              6.25                 6.25              580000                580000              12/1/2006             11/1/2036                  3020.83      360      80     CA                   2/1/2007        N                 725000                   1       2.25            3020.83                                                                               94112          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             55028   87.59                        718            35.3     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642694       SFR                               1     OO        REFI                  Y                             5.875                5.875              450400             448859.42              12/1/2006             11/1/2036                  2664.29      360   73.84     CA                   2/1/2007        N                 610000                   1       2.25            2664.29                                                                               96150          12/29/2006             17      XA0605D_ARM                                      0                 0                                 0   73.84                        689         14.1068     1YR                                        11/1/2011            5           5           2            2.25
     1103642695       PUD                               1     OO        REFI                  Y                             6.375                6.375              488000                488000              12/1/2006             11/1/2036                   2592.5      360      80     CA                   2/1/2007        N                 610000                   1       2.25             2592.5                                                                               91301          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0      80                        674         27.3112     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642696       SFR                               1     OO        REFI                  N                             6.125                6.125              440000                440000              12/1/2006             11/1/2036                  2245.83      360      80     CA                   2/1/2007        N                 550000                   1       2.25            2245.83                                                                               91342          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                             43010   87.82                        704         42.5457     1YR                                        11/1/2011            5           5           2            2.25
     1103642698       PUD                               1     OO        REFI                  N                             6.125                6.125              424000             423989.86              12/1/2006             11/1/2036                  2164.17      360      80     AZ                   2/1/2007        N                 530000                   1       2.25            2164.17                                                                               85249          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             79500      95                        698         40.5977     3YR                                        11/1/2011            5           5           2            2.25
     1103642699       SFR                               1     OO        REFI                  N                              6.25                 6.25              510000                510000              12/1/2006             11/1/2036                  2656.25      360    79.2     MA                   2/1/2007        N                 644000                   1       2.25            2656.25                                                                               01730          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0    79.2                        707         48.7168     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642700       SFR                               1     OO        REFI                  Y                             6.875                6.875              672950             672821.32              12/1/2006             11/1/2036                  3855.44      360   79.18     GA                   2/1/2007        N                 850000                   1       2.25            3855.44                                                                               30101          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                                 0   79.18                        712          36.235     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642701       2-4FAMILY                         2     OO        REFI                  Y                                 7                    7              536000             534674.24              12/1/2006             11/1/2036                  3566.02      360      80     CA                   2/1/2007        N                 670000                   1       2.25            3566.02                                                                               90042          12/29/2006             17      XA1605D_ARM                                      0                 0                                 0      80                        665         36.5501     3YR                                        11/1/2011            5           5           2            2.25
     1103642702       PUD                               1     OO        REFI                  Y                              6.75                 6.75              960000             958342.27               1/1/2007             12/1/2036                  6226.54      360      80     CA                   2/1/2007        N                1200000                   1       2.25            6226.54                                                                               94404          12/29/2006             17      XA0605D_ARM                                      0                 0                                 0      80                        709         32.4272     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642706       PUD                               1     OO        PURCHASE              N                             6.875                6.875              440000                440000              12/1/2006             11/1/2036                  2520.83      360      80     VA                   2/1/2007        N                 560000                   1       2.25            2520.83                                                                               20147          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            550000                            110000     100                        685          34.366     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642707       PUD                               1     OO        REFI                  Y                             6.875                6.875              308000                308000              10/1/2006              9/1/2036                  1764.58      360   59.24     NM                   2/1/2007        N                 520000                   1       2.25            1764.58                                                                               87508          12/29/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0   59.24                        720               0     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642708       PUD                               1     OO        REFI                  Y                              6.75                 6.75              300000                300000              10/1/2006              9/1/2036                   1687.5      360   57.92     CA                   2/1/2007        N                 518000                   1       2.25             1687.5                                                                               94536          12/29/2006             17      XA1605DI_ARM-INTONLY                             0                 0                                 0   57.92                        662         27.8867     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642709       SFR                               1     OO        REFI                  Y                             6.875                6.875              204000             203826.35              10/1/2006              9/1/2036                  1168.75      360      80     OR                   2/1/2007        N                 255000                   1       2.25            1168.75                                                                               97230          12/29/2006             17      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        683         45.5475     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642710       PUD                               1     OO        PURCHASE              N                              7.25                 7.25              282738                282738              10/1/2006              9/1/2036                  1708.21      360      80     AZ                   2/1/2007        N                 355000                   1       2.75            1708.21                                                                               85297          12/29/2006              8      SA2605EI_ARM-INTONLY                             0            353423                                 0      80                        677               0     NO-PREPAY                                   9/1/2011            5           5           1            2.75
     1103642711       2-4FAMILY                         4     OO        REFI                  Y                                 7                    7              260000             258921.88              10/1/2006              9/1/2036                  1729.79      360   46.02     MA                   2/1/2007        N                 565000                   1       2.25            1729.79                                                                               01970          12/29/2006             12      XA0605D_ARM                                      0                 0                                 0   46.02                        692               0     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642712       SFR                               1     NOO       REFI                  Y                             7.375                7.375              102400             102005.54              10/1/2006              9/1/2036                   707.26      360   73.15     IN                   2/1/2007        N                 140000                   1       2.25             707.26                                                                               47868          12/29/2006             17      XA1605D_ARM                                      0                 0                                 0   73.15                        671           42.55     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642713       PUD                               1     OO        REFI                  N                             6.875                6.875             1141000               1141000              10/1/2006              9/1/2036                  6536.98      360   63.39     AZ                   2/1/2007        N                1800000                   1       2.25            6536.98                                                                               85383          12/29/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0   63.39                        678               0     NO-PREPAY                                   9/1/2011            5           5           2            2.25
     1103642714       SFR                               1     OO        REFI                  Y                               6.5                  6.5              920000                920000              12/1/2006             11/1/2036                  4983.33      360      80     AL                   2/1/2007        N                1150000                   1       2.25            4983.33                                                                               36064          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             80040   86.96                        689         47.0962     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642716       SFR                               1     OO        REFI                  Y                              7.25                 7.25              321600             320330.35              10/1/2006              9/1/2036                  2193.88      360      80     NH                   2/1/2007        N                 402000                   1       2.25            2193.88                                                                               03031          12/29/2006             12      XA0605D_ARM                                      0                 0                             40200      90                        729               0     NO-PREPAY                                   9/1/2011            6           6           2            2.25
     1103642717       PUD                               1     OO        PURCHASE              N                             6.125                6.125              231870                231870              10/1/2006              9/1/2036                   1183.5      360      80     AZ                   2/1/2007        N                 299000                   1       2.25             1183.5                                                                               85043          12/29/2006              1      PA1605EI_ARM-INTONLY                             0            289838                                 0      80                        662         48.1075     NO-PREPAY                                   9/1/2011            5           5           1            2.25
     1103642718       PUD                               1     OO        PURCHASE              N                             6.875                6.875              212000              211599.3              10/1/2006              9/1/2036                  1214.58      360      80     AZ                   2/1/2007        N                 303000                   1       2.25            1214.58                                                                               85297          12/29/2006              8      SA1605EI_ARM-INTONLY                             0            265000                                 0      80                        686               0     NO-PREPAY                                   9/1/2011            5           5           1            2.25
     1103642720       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              598500              597414.9               1/1/2007             12/1/2036                  3782.93      360      80     CA                   2/1/2007        N                 748184                   1       2.25            3782.93                                                                               94089          12/29/2006              1      XA0605D_ARM                                      0            748184                                 0      80                        795         47.0258     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642721       SFR                               1     OO        REFI                  Y                             6.375                6.375              720000              718662.8               1/1/2007             12/1/2036                  4491.86      360   64.58     CA                   2/1/2007        N                1115000                   1       2.25            4491.86                                                                               93001          12/29/2006              1      XA0605D_ARM                                      0                 0                                 0   64.58                        728         41.7477     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642722       SFR                               1     OO        PURCHASE              N                             6.625                6.625              575000                575000              11/1/2006             10/1/2036                  3174.48      360   86.47     NJ                   2/1/2007        N                 695000                   1       2.25            3174.48                                                                               08807          12/29/2006              1      XA1605DI_ARM-INTONLY                            25            665000                                 0   86.47                        660         50.9789     NO-PREPAY                                  10/1/2011            5           5           2            2.25
     1103642723       PUD                               1     OO        PURCHASE              N                             6.875                6.875              252000                252000              12/1/2006             11/1/2036                  1443.75      360      80     AZ                   2/1/2007        N                 341000                   1       2.25            1443.75                                                                               85297          12/29/2006              1      XA0605DI_ARM-INTONLY                             0            315000                             63000     100                        703         52.4493     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642724       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              220000                220000              12/1/2006             11/1/2036                   1237.5      360      80     TN                   2/1/2007        N                 275000                   1       2.25             1237.5                                                                               37221          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            275000                             55000     100                        711           22.57     NO-PREPAY                                  11/1/2011            5           5           2            2.25
     1103642725       PUD                               1     OO        PURCHASE              N                             6.375                6.375              225495                225435              12/1/2006             11/1/2036                  1197.94      360      80     NV                   2/1/2007        N                 290000                   1       2.25            1197.94                                                                               89130          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            281869                             56374     100                        690         39.6612     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103642726       PUD                               1     OO        PURCHASE              N                              6.75                 6.75              153378             153377.76              12/1/2006             11/1/2036                   862.75      360      75     AZ                   2/1/2007        N                 205000                   1       2.25             862.75                                                                               85232          12/29/2006              1      PA0605EI_ARM-INTONLY                             0            204504                             11882   80.82                        729          22.437     NO-PREPAY                                  11/1/2011            5           5           1            2.25
     1103642727       SFR                               1     OO        REFI                  Y                             6.375                6.375              555000              553455.1               1/1/2007             12/1/2036                  3462.48      360      75     CA                   2/1/2007        N                 740000                   1       2.25            3462.48                                                                               91387          12/29/2006              1      XA0605D_ARM                                      0                 0                                 0      75                        690         47.3569     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642728       SFR                               1     OO        REFI                  Y                               6.5                  6.5              450000                450000              12/1/2006             11/1/2036                   2437.5      360      75     CA                   2/1/2007        N                 600000                   1       2.25             2437.5                                                                               92021          12/29/2006              1      XA1605DI_ARM-INTONLY                             0                 0                             90000      90                        678         42.4046     1YR                                        11/1/2011            5           5           2            2.25
     1103642729       CONDO                             1     OO        REFI                  N                             6.125                6.125              450000                449123               1/1/2007             12/1/2036                  2734.25      360   69.24     MA                   2/1/2007        N                 650000                   1       2.25            2734.25                                                                               02152          12/29/2006             17      XA0605D_ARM                                      0                 0                                 0   69.24                        715         33.5874     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642827       SFR                               1     NOO       REFI                  Y                              8.25                 8.25              612000                612000               1/1/2007             12/1/2036                   4207.5      360      80     CA                   2/1/2007        N                 765000                   1          5             4207.5                                                                               91344          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686           40.97     NO-PREPAY                                  12/1/2011            6           3           1            8.25
     1103642926       CONDO                             1     NOO       REFI                  Y                             6.625                6.625              352500                352500               1/1/2007             12/1/2036                  1946.09      360   74.22     CA                   2/1/2007        N                 475000                   1       2.25            1946.09                                                                               95124            1/4/2007              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   74.22                        681              43     NO-PREPAY                                  12/1/2011            5           5           2            2.25
     1103642974       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              126400                126400               1/1/2007             12/1/2036                      711      360      80     FL                   2/1/2007        N                 160000                   1          5                711                                                                               34982          12/29/2006             17      PA1603EI_ARM-INTONLY                             0            158000                             31600     100                        658            34.8     NO-PREPAY                                  12/1/2009            6           3           2               5
     1103642979       2-4FAMILY                         3     OO        REFI                  Y                             6.875                6.875              322500                322500               1/1/2007             12/1/2036                  1847.66      360      75     CT                   2/1/2007        N                 430000                   1       2.25            1847.66                                                                               06606          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        697           44.39     3YR                                        12/1/2011            6           6           2            2.25
     1103642981       SFR                               1     NOO       PURCHASE              N                              8.75                 8.75              198400                198400               2/1/2007              1/1/2037                  1446.67      360   79.81     FL                   2/1/2007        N                 295000                   1       2.75            1446.67                                                                               33756          12/29/2006             12      SA2605EI_ARM-INTONLY                             0            248600                                 0   79.81                        661               0     1YR                                         1/1/2012            5           5           1            2.75
     1103643045       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              480000                480000               2/1/2007              1/1/2037                     2500      360      80     CA                   2/1/2007        N                 644000                   1          0               2500                                                                               92646          12/29/2006              2      PF0630I_FIX-INTONLY                              0            600000                                 0      80                        764           43.63     1YR                                                             0           0           0               0
     1103643070       PUD                               1     NOO       REFI                  Y                             7.425                7.425              189000                189000               2/1/2007              1/1/2037                  1169.44      360      70     FL                   2/1/2007        N                 270000                   1          0            1169.44                                                                               33025            1/9/2007              2      PF0630I_FIX-INTONLY                              0                 0                             54000      90                        721              41     1YR                                                             0           0           0               0
     1103643160       SFR                               1     OO        REFI                  Y                             9.625                9.625               88000              87957.84               2/1/2007              1/1/2037                   747.99      360      80     FL                   2/1/2007        N                 110000                   1          0             747.99                                                                               33801            2/1/2007              7      SF2630_FIXEDRATE                                 0                 0                                 0      80                        652               0     3YR                                                             0           0           0               0
     1103643568       2-4FAMILY                         2     NOO       REFI                  Y                              6.75                 6.75              435000                435000               2/1/2007              1/1/2037                  2446.88      360      75     CA                   2/1/2007        N                 580000                   1          3            2446.88                                                                               91767            1/5/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        683           32.56     2YR                                         1/1/2012            6           3           1               3
     1103643667       PUD                               1     OO        REFI                  Y                              6.25                 6.25              230400             230181.39               2/1/2007              1/1/2037                  1418.61      360      80     AZ                   2/1/2007        N                 288000                   1       3.25            1418.61                                                                               85233          12/29/2006              2      XA0605D_ARM                                      0                 0                             57600     100                        698           49.14     3YR                                         1/1/2012            5           5           2            3.25
     1103643669       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              232000                232000               1/1/2007             12/1/2036                  1208.33      360      80     CA                   2/1/2007        N                 300000                   1       3.25            1208.33                                                                               92677          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            290000                             58000     100                        760           35.21     3YR                                        12/1/2011            5           5           2            3.25
     1103643670       SFR                               1     OO        REFI                  N                              6.25                 6.25              325000                325000               2/1/2007              1/1/2037                  1692.71      360   78.89     CA                   2/1/2007        N                 412000                   1       3.25            1692.71                                                                               92104          12/29/2006              1      XA1605DI_ARM-INTONLY                             0                 0                             40994   88.84                        652           41.29     3YR                                         1/1/2012            5           5           2            3.25
     1103643671       CONDO                             1     OO        REFI                  N                               6.5                  6.5              274400                274400               2/1/2007              1/1/2037                  1486.33      360      80     CA                   2/1/2007        N                 343000                   1       3.25            1486.33                                                                               92040          12/29/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             68600     100                        677            37.1     3YR                                         1/1/2012            5           5           2            3.25
     1103643672       PUD                               1     OO        REFI                  Y                              6.25                 6.25              383500              383497.4               2/1/2007              1/1/2037                   1997.4      360      65     AZ                   2/1/2007        N                 590000                   1       3.25             1997.4                                                                               85242          12/29/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0      65                        688               0     3YR                                         1/1/2012            5           5           2            3.25
     1103643673       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              320000                320000               2/1/2007              1/1/2037                  1933.33      360      80     AZ                   2/1/2007        N                 400000                   1       3.25            1933.33                                                                               85213          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        735           31.49     3YR                                         1/1/2012            5           5           2            3.25
     1103643674       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              400000                400000               2/1/2007              1/1/2037                  2166.67      360      80     AZ                   2/1/2007        N                 500000                   1       3.25            2166.67                                                                               85207          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            500000                            100000     100                        705           43.97     3YR                                         1/1/2012            5           5           2            3.25
     1103643675       SFR                               1     OO        PURCHASE              N                             6.625                6.625              796000                796000               1/1/2007             12/1/2036                  4394.58      360      80     CA                   2/1/2007        N                1052000                   1       3.25            4394.58                                                                               91001          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            995000                            199000     100                        760           44.81     3YR                                        12/1/2011            5           5           2            3.25
     1103643676       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              309600                309600               2/1/2007              1/1/2037                     1677      360      80     CA                   2/1/2007        N                 390000                   1       3.25               1677                                                                               95209          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            387000                             77400     100                        695           44.41     3YR                                         1/1/2012            5           5           2            3.25
     1103643678       PUD                               1     OO        REFI                  N                               6.5                  6.5              504700                504700               2/1/2007              1/1/2037                  2733.79      360   77.65     CA                   2/1/2007        N                 650000                   1       3.25            2733.79                                                                               95247          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0   77.65                        684           46.96     3YR                                         1/1/2012            5           5           2            3.25
     1103643681       SFR                               1     NOO       REFI                  Y                             7.125                7.125              288000                288000               2/1/2007              1/1/2037                     1710      360      80     AZ                   2/1/2007        N                 360000                   1       3.25               1710                                                                               85296          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        707           34.54     1YR                                         1/1/2012            5           5           2            3.25
     1103643683       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              401250                401250               2/1/2007              1/1/2037                  2549.61      360      75     CT                   2/1/2007        N                 535000                   1       3.25            2549.61                                                                               06460          12/29/2006              2      XA1605DI_ARM-INTONLY                             0            535000                             53500      85                        658           45.65     1YR                                         1/1/2012            5           5           2            3.25
     1103643684       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              209000             208822.25               1/1/2007             12/1/2036                  1088.54      360   77.99     GA                   2/1/2007        N                 300000                   1       3.25            1088.54                                                                               30071          12/29/2006              8      SA1630EI_ARM-INTONLY                             0            268000                             59014     100                        724               0     NO-PREPAY                                   6/1/2007            6           1           1            3.25
     1103643685       PUD                               1     OO        PURCHASE              N                             6.375                6.375              690000                690000               2/1/2007              1/1/2037                  3665.63      360      80     FL                   2/1/2007        N                 862500                   1       2.25            3665.63                                                                               32225          12/29/2006              2      XA1605DI_ARM-INTONLY                             0            862500                             86250      90                        679              45     NO-PREPAY                                   1/1/2012            5           5           2            2.25
     1103643686       SFR                               1     OO        REFI                  N                             6.125                6.125              264500                264500               2/1/2007              1/1/2037                  1350.05      360   74.51     ME                   2/1/2007        N                 355000                   1       2.25            1350.05                                                                               04092          12/29/2006              1      XA2605DI_ARM-INTONLY                             0                 0                             32412   83.64                        631              45     NO-PREPAY                                   1/1/2012            5           5           2            2.25
     1103643687       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              150000             149861.08               2/1/2007              1/1/2037                    935.8      360      75     NJ                   2/1/2007        N                 205000                   1       3.25              935.8                                                                               07416          12/29/2006              8      XA1605D_ARM                                      0            200000                             50000     100                        702               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643688       TOWNHOUSE                         1     OO        PURCHASE              N                               6.5                  6.5              351800                351800               1/1/2007             12/1/2036                  1905.58      360   77.99     FL                   2/1/2007        N                 460000                   1       3.25            1905.58                                                                               33626          12/29/2006              2      XA1605DI_ARM-INTONLY                             0            451085                             99239   99.99                        668           47.67     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103643689       CONDO                             1     2ND       PURCHASE              N                             6.875                6.875              272000                272000               2/1/2007              1/1/2037                  1558.33      360      80     SC                   2/1/2007        N                 340000                   1       3.25            1558.33                                                                               29582          12/29/2006              8      XA1605DI_ARM-INTONLY                             0            340000                                 0      80                        811               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643690       SFR                               1     OO        REFI                  N                               6.5                  6.5              330000                330000               2/1/2007              1/1/2037                   1787.5      360   79.91     NH                   2/1/2007        N                 413000                   1       3.25             1787.5                                                                               03801          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             80411   99.38                        703              41     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643691       SFR                               1     OO        PURCHASE              N                                 7                    7              293205                293205               2/1/2007              1/1/2037                  1710.36      360      80     IL                   2/1/2007        N                 370000                   1       3.25            1710.36                                                                               60543          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            366507                             73301     100                        759           46.23     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643692       CONDO                             1     OO        PURCHASE              N                                 7                    7              362000                362000               2/1/2007              1/1/2037                  2111.67      360      80     MA                   2/1/2007        N                 452500                   1       3.25            2111.67                                                                               02155          12/29/2006              8      XA1605DI_ARM-INTONLY                             0            457500                             90500     100                        682               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643693       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              237200                237200               2/1/2007              1/1/2037                  1284.83      360      80     NJ                   2/1/2007        N                 300000                   1       3.25            1284.83                                                                               08857          12/29/2006              8      XA1605DI_ARM-INTONLY                             0            296500                             59300     100                        701               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643694       SFR                               1     OO        PURCHASE              N                             6.875                6.875              296000                296000               2/1/2007              1/1/2037                  1695.83      360      80     NJ                   2/1/2007        N                 370000                   1       3.25            1695.83                                                                               08742          12/29/2006              8      XA1605DI_ARM-INTONLY                             0            384000                             74000     100                        690               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643695       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              280000                280000               2/1/2007              1/1/2037                  1458.33      360      80     NJ                   2/1/2007        N                 355000                   1       3.25            1458.33                                                                               07748          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            350000                             70000     100                        696           39.44     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643696       SFR                               1     OO        REFI                  Y                               6.5                  6.5              257600                257600               2/1/2007              1/1/2037                  1395.33      360      80     CA                   2/1/2007        N                 322000                   1       3.25            1395.33                                                                               95662          12/29/2006              1      XA0605DI_ARM-INTONLY                             0                 0                             64400     100                        722           42.76     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643698       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              417000             416939.06               2/1/2007              1/1/2037                  2389.06      360   78.69     CA                   2/1/2007        N                 535000                   1       3.25            2389.06                                                                               95136          12/29/2006              1      XA1605DI_ARM-INTONLY                             0            529950                            105937   98.68                        650            43.3     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643699       SFR                               1     OO        REFI                  N                              6.75                 6.75              205600                205600               2/1/2007              1/1/2037                   1156.5      360      80     AZ                   2/1/2007        N                 257000                   1       3.25             1156.5                                                                               85338          12/29/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             51400     100                        680           44.64     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643700       SFR                               1     OO        REFI                  N                               6.5                  6.5              229000                229000               2/1/2007              1/1/2037                  1240.42      360   76.34     AZ                   2/1/2007        N                 300000                   1       3.25            1240.42                                                                               85022          12/29/2006              8      XA1605DI_ARM-INTONLY                             0                 0                                 0   76.34                        760               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643701       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              267900                267900               1/1/2007             12/1/2036                  1674.38      360      95     AZ                   2/1/2007        N                 288000                   1       3.25            1674.38                                                                               85251          12/29/2006             12      XA1605DI_ARM-INTONLY                            30            282000                                 0      95                        689               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103643702       PUD                               1     OO        REFI                  N                             6.625                6.625              182000                182000               2/1/2007              1/1/2037                  1004.79      360      70     AZ                   2/1/2007        N                 260000                   1       3.25            1004.79                                                                               85086          12/29/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             52000      90                        671           40.96     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643703       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              127900                127900               2/1/2007              1/1/2037                   692.79      360   79.99     AZ                   2/1/2007        N                 160000                   1       3.25             692.79                                                                               85746          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            159900                             31948   99.97                        688           44.01     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643704       SFR                               1     OO        REFI                  N                               6.5                  6.5              396000                396000               2/1/2007              1/1/2037                     2145      360      80     CA                   2/1/2007        N                 495000                   1       3.25               2145                                                                               95765          12/29/2006              2      XA1605DI_ARM-INTONLY                             0                 0                             99000     100                        672           44.57     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643705       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              258750                258750               1/1/2007             12/1/2036                  1401.56      360      75     CA                   2/1/2007        N                 345000                   1       3.25            1401.56                                                                               92342          12/29/2006              2      XA0605DI_ARM-INTONLY                             0            345000                             86250     100                        718           44.03     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103643706       CONDO                             1     OO        REFI                  N                             6.625                6.625              356000                356000               2/1/2007              1/1/2037                  1965.42      360      80     CA                   2/1/2007        N                 445000                   1       3.25            1965.42                                                                               94401          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                             89000     100                        707           40.76     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643707       CONDO                             1     OO        REFI                  Y                              6.25                 6.25              292000             291981.05               2/1/2007              1/1/2037                  1520.83      360    62.8     CA                   2/1/2007        N                 465000                   1       3.25            1520.83                                                                               93546          12/29/2006             12      XA1605DI_ARM-INTONLY                             0                 0                                 0    62.8                        682               0     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643708       SFR                               1     2ND       REFI                  Y                                 7                    7              300000                300000               2/1/2007              1/1/2037                     1750      360      80     CA                   2/1/2007        N                 375000                   1       3.25               1750                                                                               92315          12/29/2006              2      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        682           33.52     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643709       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              257600                257600               2/1/2007              1/1/2037                  1475.83      360      80     CA                   2/1/2007        N                 350000                   1       3.25            1475.83                                                                               93546          12/29/2006             17      XA0605DI_ARM-INTONLY                             0            322000                             64400     100                        690           40.54     NO-PREPAY                                   1/1/2012            5           5           2            3.25
     1103643710       SFR                               1     OO        REFI                  N                              6.99                 6.99              280000                280000               1/1/2007             12/1/2036                     1631      360      80     MD                   2/1/2007        N                 350000                   1       3.25               1631                                                                               20781          12/29/2006             12      XA0605DI_ARM-INTONLY                             0                 0                                 0      80                        700               0     NO-PREPAY                                  12/1/2011            5           5           2            3.25
     1103644600       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              175500                175500               2/1/2007              1/1/2037                  1005.47      360      75     FL                   2/1/2007        N                 260000                   1       2.75            1005.47                                                                               33020            1/4/2007              8      SA2605EI_ARM-INTONLY                             0            234000                             46800      95                        671               0     3YR                                         1/1/2012            6           3           1            2.75
     1103646604       PUD                               1     NOO       PURCHASE              N                              7.75                 7.75              258700                258700               3/1/2007              2/1/2037                  1670.77      360      65     CA                   2/1/2007        N                 400000                   1      2.875            1670.77                                                                               92240            1/4/2007              2      PA0602EI_ARM-INTONLY                             0            398000                            139300     100                        753           33.35     6MO                                         2/1/2009            6           3           1           2.875
     1103647943       2-4FAMILY                         3     NOO       PURCHASE              N                             8.875                8.875              224000             223874.43               2/1/2007              1/1/2037                  1782.24      360      80     NJ                   2/1/2007        N                 320000                   1          0            1782.24                                                                               08244           1/30/2007             12      XF1630_FIXEDRATE                                 0            280000                                 0      80                        796               0     NO-PREPAY                                                       0           0           0               0
     2503161584       D-PUDS                            1     NOO       REFI                  N                               6.5                  6.5              322500                322500               2/1/2007              1/1/2037                  1746.88      360      75     CA                   2/1/2007        N                 430000                   1          3            1746.88                                                                               92557          12/18/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             64500      90                        644           36.54     2YR                                         1/1/2012            6           3           1               3
     2503161588       D-PUDS                            1     NOO       REFI                  Y                              13.7                 13.7               64500              64487.43               2/1/2007              1/1/2022                   748.95      180      15     CA                   2/1/2007        Y                 430000                   2          0             748.95                                                                               92557          12/18/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        644           33.46     2YR                                                             0           0           0               0
     2503178287       CONDO                             1     OO        PURCHASE              N                              11.5                 11.5               63800              63759.02               1/1/2007             12/1/2021                   631.81      180   19.86     CA                   2/1/2007        Y                 330000                   2          0             631.81                                                                               92025           11/8/2006              2      TB1630_BALLOON                                   0            321343                                 0   99.85                        667           44.92     1YR                                                             0           0           0               0
     2503178866       CONDO                             1     OO        PURCHASE              N                            12.375               12.375               63600              63546.89              12/1/2006             11/1/2021                   672.61      180      20     CA                   2/1/2007        Y                 325000                   2          0             672.61                                                                               92025           11/2/2006              2      TB1630_BALLOON                                   0            318000                                 0     100                        646           48.07     1YR                                                             0           0           0               0
     2503179897       2-4FAMILY                         3     OO        PURCHASE              N                             12.55                12.55              114000                113942               1/1/2007             12/1/2021                   1221.1      180      20     CA                   2/1/2007        Y                 570000                   2          0             1221.1                                                                               90003          11/20/2006              2      TB2630_BALLOON                                   0            570000                                 0     100                        635           46.23     3YR                                                             0           0           0               0
     2503180695       SFR                               1     OO        PURCHASE              N                             10.99                10.99              108000             107883.17              12/1/2006             11/1/2021                  1027.69      180      20     CA                   2/1/2007        Y                 540000                   2          0            1027.69                                                                               90043           11/6/2006              2      TB1630_BALLOON                                   0            540000                                 0     100                        670           49.39     3YR                                                             0           0           0               0
     2503182837       SFR                               1     NOO       REFI                  Y                              14.9                 14.9               20000              19994.05               1/1/2007             12/1/2021                   251.29      180   15.39     RI                   2/1/2007        Y                 130000                   2          0             251.29                                                                               02889           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        652           48.05     NO-PREPAY                                                       0           0           0               0
     2503182942       SFR                               1     OO        REFI                  Y                             11.65                11.65               43000              42959.74              12/1/2006             11/1/2021                   430.75      180      20     OR                   2/1/2007        Y                 215000                   2          0             430.75                                                                               97501           11/2/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        644            28.5     3YR                                                             0           0           0               0
     2503183583       CONDO                             1     OO        PURCHASE              N                              13.4                 13.4               40400              40383.03               1/1/2007             12/1/2021                   459.57      180   19.94     FL                   2/1/2007        Y                 202700                   2          0             459.57                                                                               33193           11/6/2006              2      TB1630_BALLOON                                   0            205000                                 0   99.86                        653           43.83     NO-PREPAY                                                       0           0           0               0
     2503183972       SFR                               1     OO        PURCHASE              N                             13.65                13.65               52000              51968.77              12/1/2006             11/1/2021                   601.76      180      20     CO                   2/1/2007        Y                 260000                   2          0             601.76                                                                               80013          10/31/2006              2      TB2630_BALLOON                                   0            260000                                 0     100                        638           43.34     NO-PREPAY                                                       0           0           0               0
     2503184597       SFR                               1     OO        REFI                  N                             5.875                5.875              303000                303000               2/1/2007              1/1/2037                  1483.44      360   23.28     CA                   2/1/2007        N                1302000                   1          3            1483.44                                                                               91316          12/18/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             50000   27.12                        780           17.05     3YR                                         1/1/2012            6           3           1               3
     2503184739       SFR                               1     NOO       PURCHASE              N                              11.7                 11.7               44500              44472.66               1/1/2007             12/1/2021                   447.48      180      20     NY                   2/1/2007        Y                 229000                   2          0             447.48                                                                               11901           11/2/2006              2      TB0630_BALLOON                                   0            222600                                 0      95                        761           42.33     1YR                                                             0           0           0               0
     2503184950       SFR                               1     OO        PURCHASE              N                              12.7                 12.7               66000              65967.53               1/1/2007             12/1/2021                   714.65      180      20     CA                   2/1/2007        Y                 331000                   2          0             714.65                                                                               93535          11/16/2006              2      TB2630_BALLOON                                   0            330000                                 0     100                        623           43.24     2YR                                                             0           0           0               0
     2503185063       CONDOTEL                          1     2ND       PURCHASE              N                              8.05                 8.05              242150             241989.16               2/1/2007              1/1/2037                  1785.26      360      80     FL                   2/1/2007        N                 370000                   1          3            1785.26                                                                               32821          12/12/2006              2      PA1605E_ARM                                      0            302700                                 0      80                        640           49.58     3YR                                         1/1/2012            6           3           1               3
     2503185199       D-PUDS                            1     OO        PURCHASE              N                              6.65                 6.65              215182                215182               1/1/2007             12/1/2036                  1192.47      360      80     AZ                   2/1/2007        N                 275000                   1          3            1192.47                                                                               85339           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            268978                             53795     100                        655           44.85     3YR                                        12/1/2011            6           3           1               3
     2503185200       D-PUDS                            1     OO        PURCHASE              N                              11.9                 11.9               53795              53763.38               1/1/2007             12/1/2021                    549.2      180      20     AZ                   2/1/2007        Y                 275000                   2          0              549.2                                                                               85339           12/7/2006              2      TB1630_BALLOON                                   0            268978                                 0     100                        655           44.85     3YR                                                             0           0           0               0
     2503185223       HI-RISE                           1     OO        REFI                  Y                             13.35                13.35               28000              27982.07              12/1/2006             11/1/2021                   317.41      180      20     FL                   2/1/2007        Y                 140000                   2          0             317.41                                                                               33162          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        643            44.7     NO-PREPAY                                                       0           0           0               0
     2503185827       2-4FAMILY                         4     OO        PURCHASE              N                              9.15                 9.15              446250                446250               1/1/2007             12/1/2036                  3402.66      360      75     NY                   2/1/2007        N                 595000                   1          3            3402.66                                                                               10301          11/20/2006              2      PA1605EI_ARM-INTONLY                             0            595000                            148750     100                        641           41.66     1YR                                        12/1/2011            6           3           1               3
     2503185828       2-4FAMILY                         4     OO        PURCHASE              N                              13.5                 13.5              148750             148688.94               1/1/2007             12/1/2021                   1703.8      180      25     NY                   2/1/2007        Y                 595000                   2          0             1703.8                                                                               10301          11/20/2006              2      TB1630_BALLOON                                   0            595000                                 0     100                        641           41.66     NO-PREPAY                                                       0           0           0               0
     2503186132       CONDO                             1     NOO       PURCHASE              N                              12.6                 12.6               29250               29235.3               1/1/2007             12/1/2021                   314.44      180      15     NJ                   2/1/2007        Y                 265000                   2          0             314.44                                                                               08901          11/14/2006              2      TB0630_BALLOON                                   0            195000                                 0      95                        743           29.52     NO-PREPAY                                                       0           0           0               0
     2503186162       SFR                               1     NOO       REFI                  Y                             12.45                12.45               60000              59968.78               1/1/2007             12/1/2021                   638.03      180      20     FL                   2/1/2007        Y                 300000                   2          0             638.03                                                                               33312          11/20/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        733           48.48     NO-PREPAY                                                       0           0           0               0
     2503186472       SFR                               1     NOO       PURCHASE              N                            11.975               11.975               47400              47358.68              12/1/2006             11/1/2021                   486.65      180   20.01     FL                   2/1/2007        Y                 290000                   2          0             486.65                                                                               33064          10/17/2006              1      TB0630_BALLOON                                   0            236900                                 0      95                        687            18.7     NO-PREPAY                                                       0           0           0               0
     2503186545       D-PUDS                            1     OO        PURCHASE              N                             11.25                11.25               39950              39909.15              12/1/2006             11/1/2021                   388.02      180      10     FL                   2/1/2007        Y                 400000                   2          0             388.02                                                                               33428          10/12/2006              2      TB1630_BALLOON                                   0            399500                                 0      90                        666           37.05     2YR                                                             0           0           0               0
     2503186678       CONDO                             1     OO        REFI                  Y                              12.5                 12.5               20000              19984.49              12/1/2006             11/1/2021                   213.45      180      10     FL                   2/1/2007        Y                 200000                   2          0             213.45                                                                               33324          10/23/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        657           39.11     3YR                                                             0           0           0               0
     2503186740       D-PUDS                            1     OO        PURCHASE              N                                10                   10              150000             149799.26              12/1/2006             11/1/2021                  1316.36      180      20     CA                   2/1/2007        Y                 750000                   2          0            1316.36                                                                               90746          10/13/2006              1      TB0630_BALLOON                                   0            755000                                 0     100                        759           44.55     NO-PREPAY                                                       0           0           0               0
     2503186933       SFR                               1     OO        REFI                  Y                              11.4                 11.4               41800              41758.63              12/1/2006             11/1/2021                   410.76      180      10     VA                   2/1/2007        Y                 418000                   2          0             410.76                                                                               22193          10/11/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        677           30.94     2YR                                                             0           0           0               0
     2503187002       2-4FAMILY                         4     OO        PURCHASE              N                             12.69                12.69              132500             132434.67               1/1/2007             12/1/2021                  1433.68      180      25     IL                   2/1/2007        Y                 540000                   2          0            1433.68                                                                               60639          11/10/2006              2      TB1630_BALLOON                                   0            530000                                 0     100                        665           49.52     NO-PREPAY                                                       0           0           0               0
     2503187198       CONDO                             1     NOO       PURCHASE              N                              14.2                 14.2               32950              32938.47               1/1/2007             12/1/2021                   395.64      180   19.97     FL                   2/1/2007        Y                 170000                   2          0             395.64                                                                               33064           11/6/2006              2      TB1630_BALLOON                                   0            164999                                 0   94.94                        646           38.73     1YR                                                             0           0           0               0
     2503187241       SFR                               1     OO        REFI                  N                             5.125                5.125              320000                320000               1/1/2007             12/1/2036                  1366.67      360   48.13     CA                   2/1/2007        N                 665000                   1          0            1366.67                                                                               95404          11/17/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   48.13                        767           46.34     3YR                                                             0           0           0               0
     2503187276       HI-RISE                           1     OO        PURCHASE              N                               7.6                  7.6              282200                282200               3/1/2007              2/1/2037                  1787.27      360      75     MN                   2/1/2007        N                 376283                   1      3.875            1787.27                                                                               55415            1/2/2007              2      PA1605EI_ARM-INTONLY                             0            380000                             94000   99.98                        660           49.04     3YR                                         2/1/2012            6           3           1           3.875
     2503187421       CONDO                             1     OO        REFI                  Y                               7.5                  7.5              206000             205847.09               2/1/2007              1/1/2037                  1440.38      360   78.04     FL                   2/1/2007        N                 264000                   1          3            1440.38                                                                               33351          12/11/2006              2      PA1605E_ARM                                      0                 0                                 0   78.04                        643           31.83     3YR                                         1/1/2012            6           3           1               3
     2503187715       SFR                               1     NOO       PURCHASE              N                              6.43                 6.43              167600                167600               1/1/2007             12/1/2036                   898.06      360   74.99     NY                   2/1/2007        N                 225000                   1          3             898.06                                                                               12186          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            223500                             44700   94.99                        700           45.83     1YR                                        12/1/2011            6           3           1               3
     2503187716       SFR                               1     NOO       PURCHASE              N                             12.55                12.55               44700              44677.26               1/1/2007             12/1/2021                    478.8      180      20     NY                   2/1/2007        Y                 225000                   2          0              478.8                                                                               12186          11/28/2006              2      TB0630_BALLOON                                   0            223500                                 0   94.99                        700           45.83     NO-PREPAY                                                       0           0           0               0
     2503187746       CONDO                             1     OO        REFI                  Y                              12.7                 12.7               90000              89933.24              12/1/2006             11/1/2021                   974.52      180      25     CA                   2/1/2007        Y                 360000                   2          0             974.52                                                                               92804          10/31/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        620           44.43     3YR                                                             0           0           0               0
     2503187759       CONDO                             1     OO        REFI                  Y                            10.875               10.875               29500              29467.29              12/1/2006             11/1/2021                   278.15      180      10     CA                   2/1/2007        Y                 295000                   2          0             278.15                                                                               90723          10/19/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        679           38.61     2YR                                                             0           0           0               0
     2503187908       SFR                               1     OO        REFI                  Y                             11.74                11.74              188000             187827.38              12/1/2006             11/1/2021                  1896.25      180      25     CA                   2/1/2007        Y                 752000                   2          0            1896.25                                                                               95062          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        658           37.37     3YR                                                             0           0           0               0
     2503188012       SFR                               1     OO        REFI                  N                              6.75                 6.75              456000             455999.44               1/1/2007             12/1/2036                     2565      360      80     CA                   2/1/2007        N                 570000                   1          3               2565                                                                               92509          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             85500      95                        712           46.83     3YR                                        12/1/2011            6           3           1               3
     2503188140       CONDO                             1     NOO       PURCHASE              N                              13.9                 13.9               20000               19988.7              12/1/2006             11/1/2021                   235.39      180   20.21     FL                   2/1/2007        Y                  99000                   2          0             235.39                                                                               33613          10/30/2006              2      TB0630_BALLOON                                   0             99900                                 0   94.95                        707           45.29     NO-PREPAY                                                       0           0           0               0
     2503188393       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              300000             299678.95               2/1/2007              1/1/2037                   1896.2      360   51.11     HI                   2/1/2007        N                 587000                   1          0             1896.2                                                                               96744          12/28/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   51.11                        733           38.79     NO-PREPAY                                                       0           0           0               0
     2503188489       SFR                               1     NOO       PURCHASE              N                              13.5                 13.5               22000              21901.39              12/1/2006             11/1/2021                   251.99      180      20     FL                   2/1/2007        Y                 121000                   2          0             251.99                                                                               34690          10/31/2006              2      TB1630_BALLOON                                   0            110000                                 0      95                        648           28.36     3YR                                                             0           0           0               0
     2503188558       D-PUDS                            1     OO        REFI                  Y                              6.25                 6.25              178500                178500               2/1/2007              1/1/2037                   929.69      360      70     FL                   2/1/2007        N                 255000                   1          3             929.69                                                                               33025          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             49745   89.51                        719           47.42     3YR                                         1/1/2012            6           3           1               3
     2503188590       SFR                               1     OO        REFI                  Y                             11.55                11.55               97000              96907.15              12/1/2006             11/1/2021                   964.28      180      20     CA                   2/1/2007        Y                 485000                   2          0             964.28                                                                               95828          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        660           49.44     3YR                                                             0           0           0               0
     2503188620       SFR                               1     OO        REFI                  Y                                12                   12               24600              24578.67              12/1/2006             11/1/2021                   253.04      180      10     AZ                   2/1/2007        Y                 246000                   2          0             253.04                                                                               85201          10/24/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        657           37.71     3YR                                                             0           0           0               0
     2503188630       CONDO                             1     OO        PURCHASE              N                            11.575               11.575               43500              43458.57              12/1/2006             11/1/2021                   433.27      180      10     CA                   2/1/2007        Y                 475000                   2          0             433.27                                                                               91401          10/25/2006              2      TB1630_BALLOON                                   0            435000                                 0      90                        670           37.89     1YR                                                             0           0           0               0
     2503188834       SFR                               1     OO        PURCHASE              N                             13.24                13.24               67500               67470.6               1/1/2007             12/1/2036                   759.37      360      25     FL                   2/1/2007        N                 300000                   2          0             759.37                                                                               33024           11/9/2006              2      TF2630_FIXEDRATE                                 0            270000                                 0     100                        636           43.08     2YR                                                             0           0           0               0
     2503188888       SFR                               1     OO        REFI                  Y                             12.85                12.85              105000              104924.7              12/1/2006             11/1/2021                  1149.21      180      20     CA                   2/1/2007        Y                 525000                   2          0            1149.21                                                                               90621          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        653           49.68     2YR                                                             0           0           0               0
     2503188970       2-4FAMILY                         3     OO        PURCHASE              N                               6.5                  6.5              420000                420000               1/1/2007             12/1/2036                     2275      360      75     NY                   2/1/2007        N                 560000                   1          3               2275                                                                               11207          11/22/2006              2      PA2605EI_ARM-INTONLY                             0            560000                            140000     100                        630           49.37     1YR                                        12/1/2011            6           3           1               3
     2503188973       2-4FAMILY                         3     OO        PURCHASE              N                            13.625               13.625              140000             139944.13               1/1/2007             12/1/2021                  1617.36      180      25     NY                   2/1/2007        Y                 560000                   2          0            1617.36                                                                               11207          11/22/2006              2      TB2630_BALLOON                                   0            560000                                 0     100                        630           48.67     NO-PREPAY                                                       0           0           0               0
     2503188985       SFR                               1     OO        REFI                  Y                              12.5                 12.5               35000              34972.85              12/1/2006             11/1/2021                   373.54      180     7.3     FL                   2/1/2007        Y                 480000                   2          0             373.54                                                                               34761          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0    87.3                        658           32.65     3YR                                                             0           0           0               0
     2503189039       SFR                               1     NOO       PURCHASE              N                              8.75                 8.75              381600                381600               1/1/2007             12/1/2036                   2782.5      360      80     NY                   2/1/2007        N                 480000                   1          3             2782.5                                                                               11417          11/27/2006              2      PA1605EI_ARM-INTONLY                             0            477000                             71550      95                        640           37.83     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503189040       SFR                               1     NOO       PURCHASE              N                             13.55                13.55               71550              71520.96               1/1/2007             12/1/2021                   822.36      180      15     NY                   2/1/2007        Y                 480000                   2          0             822.36                                                                               11417          11/27/2006              2      TB1630_BALLOON                                   0            477000                                 0      95                        640           37.83     NO-PREPAY                                                       0           0           0               0
     2503189068       2-4FAMILY                         3     OO        PURCHASE              N                               8.5                  8.5              322500             322107.86               1/1/2007             12/1/2036                  2479.75      360      75     NY                   2/1/2007        N                 430000                   1          3            2479.75                                                                               10701          11/29/2006              2      PA1605E_ARM                                      0            430000                            107500     100                        651           38.11     1YR                                        12/1/2011            6           3           1               3
     2503189069       2-4FAMILY                         3     OO        PURCHASE              N                             13.25                13.25              107500             107453.28               1/1/2007             12/1/2021                  1210.21      180      25     NY                   2/1/2007        Y                 430000                   2          0            1210.21                                                                               10701          11/29/2006              2      TB1630_BALLOON                                   0            430000                                 0     100                        651           38.11     NO-PREPAY                                                       0           0           0               0
     2503189129       CONDO                             1     NOO       PURCHASE              N                                12                   12               87000              86924.58              12/1/2006             11/1/2021                   894.89      180      15     CA                   2/1/2007        Y                 585000                   2          0             894.89                                                                               90064          10/31/2006              1      TB0630_BALLOON                                   0            580000                                 0      95                        787           20.87     NO-PREPAY                                                       0           0           0               0
     2503189217       2-4FAMILY                         3     OO        PURCHASE              N                             13.35                13.35              149975             149911.29               1/1/2007             12/1/2021                  1700.15      180      25     NJ                   2/1/2007        Y                 610000                   2          0            1700.15                                                                               07047           11/3/2006              2      TB1630_BALLOON                                   0            599900                                 0     100                        649           44.09     NO-PREPAY                                                       0           0           0               0
     2503189397       2-4FAMILY                         2     OO        PURCHASE              N                            12.875               12.875              150000             149929.05               1/1/2007             12/1/2021                  1644.66      180      25     NY                   2/1/2007        Y                 600000                   2          0            1644.66                                                                               11236          11/28/2006              2      TB1630_BALLOON                                   0            600000                                 0     100                        669           49.43     NO-PREPAY                                                       0           0           0               0
     2503189427       SFR                               1     OO        REFI                  Y                              12.5                 12.5               45900               45833.7              12/1/2006             11/1/2021                   489.87      180   12.08     MD                   2/1/2007        Y                 380000                   2          0             489.87                                                                               21060          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.98                        648           37.13     NO-PREPAY                                                       0           0           0               0
     2503189448       CONDO                             1     2ND       PURCHASE              N                             8.163                8.163              183100                183100               1/1/2007             12/1/2036                  1245.54      360      80     FL                   2/1/2007        N                 234000                   1          3            1245.54                                                                               33190          11/28/2006              1      PA1605EI_ARM-INTONLY                             0            228900                                 0      80                        640           31.48     3YR                                        12/1/2011            6           3           1               3
     2503189459       SFR                               1     OO        PURCHASE              N                             11.99                11.99               91000              79837.63               1/1/2007             12/1/2021                   935.34      180      20     NY                   2/1/2007        Y                 510000                   2          0             935.34                                                                               11801          11/13/2006              2      TB1630_BALLOON                                   0            455000                                 0      95                        649           44.51     NO-PREPAY                                                       0           0           0               0
     2503189535       CONDO                             1     NOO       PURCHASE              N                               6.9                  6.9              136850                136850               1/1/2007             12/1/2036                   786.89      360   74.99     FL                   2/1/2007        N                 185000                   1          3             786.89                                                                               33064          11/22/2006              2      PA0605EI_ARM-INTONLY                             0            182500                             36500   94.99                        770           47.43     3YR                                        12/1/2011            6           3           1               3
     2503189537       CONDO                             1     NOO       PURCHASE              N                            12.625               12.625               36500              36481.74               1/1/2007             12/1/2021                   393.09      180      20     FL                   2/1/2007        Y                 185000                   2          0             393.09                                                                               33064          11/22/2006              2      TB0630_BALLOON                                   0            182500                                 0   94.99                        770           47.43     NO-PREPAY                                                       0           0           0               0
     2503189540       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              155000             154879.75              12/1/2006             11/1/2021                  1654.25      180      20     CA                   2/1/2007        Y                 775000                   2          0            1654.25                                                                               91791           11/6/2006              2      TB1630_BALLOON                                   0            775000                                 0     100                        655           38.06     2YR                                                             0           0           0               0
     2503189555       2-4FAMILY                         3     OO        PURCHASE              N                              13.3                 13.3              162500             162394.69              12/1/2006             11/1/2021                  1835.76      180      25     NY                   2/1/2007        Y                 650000                   2          0            1835.76                                                                               11422          10/30/2006              2      TB1630_BALLOON                                   0            650000                                 0     100                        645           46.03     NO-PREPAY                                                       0           0           0               0
     2503189606       SFR                               1     NOO       REFI                  N                             12.05                12.05               54600               54553.2              12/1/2006             11/1/2021                   563.72      180      20     NV                   2/1/2007        Y                 273000                   2          0             563.72                                                                               89032           11/2/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        730            33.1     1YR                                                             0           0           0               0
     2503189639       PUD                               1     OO        REFI                  N                              5.25                 5.25              211500                211500               2/1/2007              1/1/2037                   925.31      360   52.23     CA                   2/1/2007        N                 405000                   1          0             925.31                                                                               95409          12/11/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   52.23                        797           44.58     3YR                                                             0           0           0               0
     2503189641       SFR                               1     OO        REFI                  Y                             11.39                11.39               25000               24975.2              12/1/2006             11/1/2021                   245.48      180      10     FL                   2/1/2007        Y                 250000                   2          0             245.48                                                                               34205           11/6/2006              2      TB1630_BALLOON                                   0                 0                                 0    88.8                        675           28.72     3YR                                                             0           0           0               0
     2503189706       SFR                               1     OO        REFI                  Y                                 5                    5             1000000               1000000               1/1/2007             12/1/2036                  4166.67      360   58.83     CA                   2/1/2007        N                1700000                   1          0            4166.67                                                                               95448          11/30/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   58.83                        725           27.63     3YR                                                             0           0           0               0
     2503189711       2-4FAMILY                         3     OO        PURCHASE              N                             10.84                10.84               57400              57335.83              12/1/2006             11/1/2021                   539.71      180      20     RI                   2/1/2007        Y                 320000                   2          0             539.71                                                                               02907          10/31/2006              1      TB0630_BALLOON                                   0            287000                                 0     100                        694           37.93     1YR                                                             0           0           0               0
     2503189756       SFR                               1     OO        REFI                  N                             7.125                7.125              104000             103916.83               2/1/2007              1/1/2037                   700.67      360   78.79     OH                   2/1/2007        N                 132000                   1          0             700.67                                                                               44405          12/20/2006              2      PF2630_FIXEDRATE                                 0                 0                             26000   98.49                        624           33.16     3YR                                                             0           0           0               0
     2503189777       SFR                               1     OO        REFI                  Y                              11.1                 11.1               42000              41955.64              12/1/2006             11/1/2021                   403.15      180      15     CA                   2/1/2007        Y                 280000                   2          0             403.15                                                                               93722          10/24/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        674           33.71     2YR                                                             0           0           0               0
     2503189802       D-PUDS                            1     OO        REFI                  Y                              11.6                 11.6               99800              99705.36              12/1/2006             11/1/2021                   995.93      180      20     CA                   2/1/2007        Y                 499000                   2          0             995.93                                                                               92057           11/1/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        662           43.49     1YR                                                             0           0           0               0
     2503189908       SFR                               1     OO        REFI                  N                              11.6                 11.6               72500              72431.33              12/1/2006             11/1/2021                    723.5      180      10     CA                   2/1/2007        Y                 725000                   2          0              723.5                                                                               91941          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        653            39.8     3YR                                                             0           0           0               0
     2503190029       2-4FAMILY                         3     OO        PURCHASE              N                             12.59                12.59              167500             167415.54               1/1/2007             12/1/2021                  1799.36      180      25     NY                   2/1/2007        Y                 670000                   2          0            1799.36                                                                               11208          11/10/2006              2      TB1630_BALLOON                                   0            670000                                 0     100                        672           49.89     NO-PREPAY                                                       0           0           0               0
     2503190156       SFR                               1     OO        PURCHASE              N                             10.99                10.99               70800              70749.17               1/1/2007             12/1/2021                   673.71      180      10     CA                   2/1/2007        Y                 708400                   2          0             673.71                                                                               93905          11/13/2006              2      TB1630_BALLOON                                   0            708400                                 0      90                        669            36.9     3YR                                                             0           0           0               0
     2503190173       SFR                               1     NOO       REFI                  Y                              12.8                 12.8              142000             141931.69               1/1/2007             12/1/2021                  1548.64      180      20     FL                   2/1/2007        Y                 710000                   2          0            1548.64                                                                               34787           11/8/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        704           41.31     2YR                                                             0           0           0               0
     2503190251       CONDO                             1     OO        PURCHASE              N                             12.35                12.35               45000               44971.1               1/1/2007             12/1/2021                   475.03      180      20     CA                   2/1/2007        Y                 225000                   2          0             475.03                                                                               92335           11/3/2006              2      TB1630_BALLOON                                   0            225000                                 0     100                        643              41     3YR                                                             0           0           0               0
     2503190422       SFR                               1     OO        REFI                  N                             5.875                5.875              495000                495000               2/1/2007              1/1/2037                  2423.44      360   26.89     CA                   2/1/2007        N                1841500                   1          3            2423.44                                                                               90272           12/7/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   26.89                        769           14.22     3YR                                         1/1/2012            6           3           1               3
     2503190448       SFR                               1     OO        REFI                  Y                             13.15                13.15               78750              78697.19              12/1/2006             11/1/2021                   880.37      180      25     FL                   2/1/2007        Y                 315000                   2          0             880.37                                                                               33068          10/31/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        625           47.64     3YR                                                             0           0           0               0
     2503190463       SFR                               1     OO        PURCHASE              N                             11.54                11.54               46800               46770.2               1/1/2007             12/1/2021                   464.89      180      20     AZ                   2/1/2007        Y                 237000                   2          0             464.89                                                                               85225          11/22/2006              2      TB1630_BALLOON                                   0            234000                                 0     100                        672           39.84     2YR                                                             0           0           0               0
     2503190525       SFR                               1     OO        REFI                  N                             12.45                12.45               54000              53945.92              12/1/2006             11/1/2021                   574.22      180      10     VA                   2/1/2007        Y                 540000                   2          0             574.22                                                                               22193          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        646           33.61     NO-PREPAY                                                       0           0           0               0
     2503190549       PUD                               1     OO        REFI                  Y                              12.4                 12.4               95500              95449.74               1/1/2007             12/1/2021                  1011.83      180      25     FL                   2/1/2007        Y                 382000                   2          0            1011.83                                                                               34771           11/8/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        643           34.96     3YR                                                             0           0           0               0
     2503190552       SFR                               1     OO        PURCHASE              N                             13.45                13.45               41800              41782.64               1/1/2007             12/1/2021                   477.14      180      20     OR                   2/1/2007        Y                 215000                   2          0             477.14                                                                               97266          11/16/2006              2      TB2630_BALLOON                                   0            209000                                 0     100                        630           44.42     NO-PREPAY                                                       0           0           0               0
     2503190574       D-PUDS                            1     NOO       REFI                  Y                              13.2                 13.2              110000             109951.66               1/1/2007             12/1/2021                  1234.04      180      20     NV                   2/1/2007        Y                 550000                   2          0            1234.04                                                                               89015          11/15/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        678           28.18     2YR                                                             0           0           0               0
     2503190675       SFR                               1     OO        REFI                  N                             10.89                10.89               35500              35460.74              12/1/2006             11/1/2021                   335.13      180      10     CA                   2/1/2007        Y                 355000                   2          0             335.13                                                                               92551           11/1/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        658           38.22     3YR                                                             0           0           0               0
     2503190696       2-4FAMILY                         2     OO        PURCHASE              N                              13.3                 13.3              125000              124946.3               1/1/2007             12/1/2021                  1412.12      180      25     NY                   2/1/2007        Y                 500000                   2          0            1412.12                                                                               10458          11/14/2006              2      TB1630_BALLOON                                   0            500000                                 0     100                        647           49.98     NO-PREPAY                                                       0           0           0               0
     2503190780       SFR                               1     OO        REFI                  N                            10.775               10.775              165750             165562.14              12/1/2006             11/1/2021                  1550.36      180   25.04     CA                   2/1/2007        Y                 662000                   2          0            1550.36                                                                               94086          10/30/2006              2      TB0630_BALLOON                                   0                 0                                 0     100                        713           37.32     NO-PREPAY                                                       0           0           0               0
     2503190805       2-4FAMILY                         2     NOO       PURCHASE              N                              8.75                 8.75              202400                202400               1/1/2007             12/1/2036                  1475.83      360      80     FL                   2/1/2007        N                 253000                   1          3            1475.83                                                                               33441          11/30/2006              7      SA2605EI_ARM-INTONLY                             0            253000                                 0      80                        635               0     3YR                                        12/1/2011            6           3           1               3
     2503190809       CONDO                             1     OO        REFI                  Y                              12.5                 12.5               26000              25979.81              12/1/2006             11/1/2021                   277.49      180      10     IL                   2/1/2007        Y                 260000                   2          0             277.49                                                                               60660          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        654           39.66     NO-PREPAY                                                       0           0           0               0
     2503190816       SFR                               1     OO        PURCHASE              N                             12.49                12.49               55000               54942.3               1/1/2007             12/1/2021                   586.57      180      25     FL                   2/1/2007        Y                 225000                   2          0             586.57                                                                               32822           11/3/2006              2      TB1630_BALLOON                                   0            220000                                 0     100                        642           37.32     2YR                                                             0           0           0               0
     2503190844       SFR                               1     OO        REFI                  N                              11.5                 11.5               41200              40191.38              12/1/2006             11/1/2021                      408      180    8.87     CA                   2/1/2007        Y                 465000                   2          0                408                                                                               92377          10/25/2006              2      TB1630_BALLOON                                   0                 0                                 0   88.87                        651           38.27     3YR                                                             0           0           0               0
     2503190871       SFR                               1     OO        REFI                  Y                            11.925               11.925               49000              48946.72              12/1/2006             11/1/2021                   501.19      180      10     CA                   2/1/2007        Y                 490000                   2          0             501.19                                                                               92026          10/24/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        650           36.38     3YR                                                             0           0           0               0
     2503190896       CONDO                             1     NOO       PURCHASE              N                              12.4                 12.4               26050              26029.33              12/1/2006             11/1/2021                      276      180   21.71     IL                   2/1/2007        Y                 134000                   2          0                276                                                                               60641          10/30/2006              2      TB0630_BALLOON                                   0            120000                                 0      95                        713            41.3     NO-PREPAY                                                       0           0           0               0
     2503190898       SFR                               1     NOO       REFI                  N                               6.6                  6.6              151700                151700               1/1/2007             12/1/2036                   834.35      360   70.56     MO                   2/1/2007        N                 215000                   1          4             834.35                                                                               63021          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             42700   90.42                        735           45.54     NO-PREPAY                                  12/1/2011            6           3           1               4
     2503190899       SFR                               1     NOO       REFI                  N                             12.25                12.25               42700              42676.78               1/1/2007             12/1/2021                   447.45      180   19.87     MO                   2/1/2007        Y                 215000                   2          0             447.45                                                                               63021          11/30/2006              2      TB0630_BALLOON                                   0                 0                                 0   90.42                        735           45.54     NO-PREPAY                                                       0           0           0               0
     2503190929       SFR                               1     OO        PURCHASE              N                              12.3                 12.3              137500             137426.04               1/1/2007             12/1/2021                  1446.17      180      25     IL                   2/1/2007        Y                 550000                   2          0            1446.17                                                                               60646           11/6/2006              2      TB1630_BALLOON                                   0            550000                                 0     100                        673           48.94     NO-PREPAY                                                       0           0           0               0
     2503190934       CONDO                             1     OO        PURCHASE              N                            11.625               11.625               68600              68557.14               1/1/2007             12/1/2021                   685.89      180   19.99     CA                   2/1/2007        Y                 345000                   2          0             685.89                                                                               92025           11/9/2006              2      TB1630_BALLOON                                   0            343241                                 0   99.98                        666           49.27     1YR                                                             0           0           0               0
     2503190998       SFR                               1     NOO       REFI                  Y                               6.7                  6.7              150000                150000               2/1/2007              1/1/2037                    837.5      360      75     MD                   2/1/2007        N                 200000                   1          3              837.5                                                                               21234          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             40000      95                        800           28.27     3YR                                         1/1/2012            6           3           1               3
     2503190999       SFR                               1     NOO       REFI                  Y                             12.59                12.59               40000              39989.97               2/1/2007              1/1/2022                    429.7      180      20     MD                   2/1/2007        Y                 200000                   2          0              429.7                                                                               21234          12/19/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        800           28.27     NO-PREPAY                                                       0           0           0               0
     2503191044       SFR                               1     OO        PURCHASE              N                             12.85                12.85               60500              60471.23               1/1/2007             12/1/2021                   662.16      180      25     RI                   2/1/2007        Y                 242000                   2          0             662.16                                                                               02904           11/7/2006              2      TB1630_BALLOON                                   0            242000                                 0     100                        640           48.08     1YR                                                             0           0           0               0
     2503191128       CONDO                             1     OO        PURCHASE              N                             8.405                8.405              321090             320691.91               1/1/2007             12/1/2036                  2447.32      360      95     FL                   2/1/2007        N                 338000                   1       4.25            2447.32                                                                               33178          11/22/2006             12      EA0605E_ARM                                     30            337990                                 0      95                        694               0     2YR                                        12/1/2011            6           3           1            4.25
     2503191167       HI-RISE                           1     OO        PURCHASE              N                             13.44                13.44               93750              93691.14              12/1/2006             11/1/2021                   1069.4      180      25     FL                   2/1/2007        Y                 395000                   2          0             1069.4                                                                               33020          10/31/2006              2      TB1630_BALLOON                                   0            375000                                 0     100                        656           44.32     NO-PREPAY                                                       0           0           0               0
     2503191218       D-PUDS                            1     NOO       PURCHASE              N                             12.75                12.75               61150              61105.15              12/1/2006             11/1/2021                   664.51      180      20     AZ                   2/1/2007        Y                 500000                   2          0             664.51                                                                               85239           11/7/2006              2      TB0630_BALLOON                                   0            305890                                 0   94.99                        690            41.9     NO-PREPAY                                                       0           0           0               0
     2503191220       2-4FAMILY                         2     NOO       REFI                  N                              11.9                 11.9              125000             121874.33              12/1/2006             11/1/2036                  1276.15      360      20     CA                   2/1/2007        N                 625000                   2          0            1276.15                                                                               92113           11/2/2006              2      TF0630_FIXEDRATE                                 0                 0                                 0      90                        720           23.12     3YR                                                             0           0           0               0
     2503191313       CONDO                             1     2ND       PURCHASE              N                             12.79                12.79               39747              39717.51               1/1/2007             12/1/2021                   433.17      180      25     FL                   2/1/2007        Y                 195000                   2          0             433.17                                                                               32822           11/9/2006              2      TB1630_BALLOON                                   0            158990                                 0      95                        675           40.85     NO-PREPAY                                                       0           0           0               0
     2503191318       SFR                               1     NOO       PURCHASE              N                             12.05                12.05              130000             129926.07               1/1/2007             12/1/2021                   1342.2      180      20     FL                   2/1/2007        Y                 650000                   2          0             1342.2                                                                               32136           11/8/2006              2      TB0630_BALLOON                                   0            650000                                 0   94.93                        772           37.88     NO-PREPAY                                                       0           0           0               0
     2503191337       CONDO                             1     2ND       PURCHASE              N                             6.375                6.375              151900                151900               1/1/2007             12/1/2036                   806.97      360      70     CA                   2/1/2007        N                 290000                   1          3             806.97                                                                               92101          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            217030                             54257   94.99                        686           34.97     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503191379       SFR                               1     OO        REFI                  N                             12.25                12.25               29000              28976.21              12/1/2006             11/1/2021                   303.89      180      10     IL                   2/1/2007        Y                 290000                   2          0             303.89                                                                               60107          10/27/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        657           35.67     NO-PREPAY                                                       0           0           0               0
     2503191384       2-4FAMILY                         2     OO        PURCHASE              N                            13.775               13.775               90000                 90000              12/1/2006             11/1/2021                  1033.13      180      30     FL                   2/1/2007        Y                 300000                   2          0            1033.13                                                                               33020          10/30/2006              2      TB1630I_BALLOON-INTONLY                          0            300000                                 0     100                        649           46.19     NO-PREPAY                                                       0           0           0               0
     2503191416       SFR                               1     OO        REFI                  Y                             12.99                12.99               93750              93684.84              12/1/2006             11/1/2021                  1036.33      180      25     OR                   2/1/2007        Y                 375000                   2          0            1036.33                                                                               97211          10/31/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        636           49.66     3YR                                                             0           0           0               0
     2503191417       HI-RISE                           1     OO        PURCHASE              N                              13.1                 13.1               42000              41976.87               1/1/2007             12/1/2021                   467.89      180   20.01     FL                   2/1/2007        Y                 209900                   2          0             467.89                                                                               33162           11/7/2006              2      TB1630_BALLOON                                   0            209900                                 0     100                        677           44.15     2YR                                                             0           0           0               0
     2503191472       SFR                               1     OO        REFI                  Y                              6.21                 6.21              240000                240000               1/1/2007             12/1/2036                     1242      360   72.73     FL                   2/1/2007        N                 330000                   1          3               1242                                                                               34232          11/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   72.73                        682           37.28     3YR                                        12/1/2011            6           3           1               3
     2503191487       CONDO                             1     OO        REFI                  N                             6.125                6.125              120000                120000               2/1/2007              1/1/2037                    612.5      360   59.71     CA                   2/1/2007        N                 201000                   1          3              612.5                                                                               92105          12/11/2006              1      PA1603EI_ARM-INTONLY                             0                 0                             70800   94.93                        678           44.26     3YR                                         1/1/2010            6           3           1               3
     2503191508       D-PUDS                            1     OO        REFI                  Y                                11                   11              225000             224757.09              12/1/2006             11/1/2021                  2142.73      180   25.72     VA                   2/1/2007        Y                 875000                   2          0            2142.73                                                                               22079          10/31/2006              2      TB0630_BALLOON                                   0                 0                                 0     100                        712            36.2     3YR                                                             0           0           0               0
     2503191521       SFR                               1     OO        PURCHASE              N                             12.55                12.55               82500              82458.02               1/1/2007             12/1/2021                   883.69      180      25     FL                   2/1/2007        Y                 330000                   2          0             883.69                                                                               33157           11/2/2006              1      TB2630_BALLOON                                   0            330000                                 0     100                        624            45.3     2YR                                                             0           0           0               0
     2503191538       SFR                               1     OO        REFI                  Y                              10.7                 10.7               64000              63926.29              12/1/2006             11/1/2021                   595.02      180    9.56     CA                   2/1/2007        Y                 670000                   2          0             595.02                                                                               92802          10/31/2006              1      TB1630_BALLOON                                   0                 0                                 0   89.56                        644           48.95     3YR                                                             0           0           0               0
     2503191551       CONDO                             1     OO        PURCHASE              N                             12.19                12.19               85500              85428.93              12/1/2006             11/1/2021                   891.99      180      25     CA                   2/1/2007        Y                 348000                   2          0             891.99                                                                               92691          10/27/2006              2      TB1630_BALLOON                                   0            342000                                 0     100                        655           37.93     3YR                                                             0           0           0               0
     2503191563       SFR                               1     OO        PURCHASE              N                              12.6                 12.6               70000              69964.78               1/1/2007             12/1/2021                   752.52      180      20     CA                   2/1/2007        Y                 350000                   2          0             752.52                                                                               92324           11/8/2006              2      TB2630_BALLOON                                   0            350000                                 0     100                        625           42.43     3YR                                                             0           0           0               0
     2503191596       CONDO                             1     OO        PURCHASE              N                             12.54                12.54               62500              62468.12               1/1/2007             12/1/2021                   668.98      180   25.01     FL                   2/1/2007        Y                 256000                   2          0             668.98                                                                               33196          11/22/2006              2      TB1630_BALLOON                                   0            249900                                 0     100                        669           43.11     NO-PREPAY                                                       0           0           0               0
     2503191676       SFR                               1     OO        PURCHASE              N                             11.65                11.65               68000              67957.75               1/1/2007             12/1/2021                   681.19      180      25     CA                   2/1/2007        Y                 273500                   2          0             681.19                                                                               93706          11/21/2006              2      TB1630_BALLOON                                   0            272000                                 0     100                        663           48.75     2YR                                                             0           0           0               0
     2503191757       CONDO                             1     OO        PURCHASE              N                             12.75                12.75              109500             109419.68              12/1/2006             11/1/2021                  1189.93      180      25     CA                   2/1/2007        Y                 438000                   2          0            1189.93                                                                               94303          10/31/2006              2      TB2630_BALLOON                                   0            438000                                 0     100                        638            31.5     3YR                                                             0           0           0               0
     2503191788       D-PUDS                            1     2ND       PURCHASE              N                              7.99                 7.99              418000                418000               2/1/2007              1/1/2037                  2783.18      360   89.93     FL                   2/1/2007        N                 515000                   1      3.875            2783.18                                                                               34747          12/20/2006              2      PA1405EI_ARM-INTONLY                            25            464840                                 0   89.93                        666           33.29     3YR                                         1/1/2012            6           3           1           3.875
     2503191795       CONDO                             1     OO        PURCHASE              N                              12.6                 12.6               50000              49974.85               1/1/2007             12/1/2021                   537.51      180      20     CA                   2/1/2007        Y                 260000                   2          0             537.51                                                                               95242          11/10/2006              2      TB2630_BALLOON                                   0            250000                                 0     100                        634           47.03     3YR                                                             0           0           0               0
     2503191796       D-PUDS                            1     OO        REFI                  Y                             11.85                11.85               58000              57948.01              12/1/2006             11/1/2036                   589.91      360    8.17     AZ                   2/1/2007        N                 710000                   2          0             589.91                                                                               85338          10/31/2006              2      TF1630_FIXEDRATE                                 0                 0                                 0   88.17                        642           35.54     3YR                                                             0           0           0               0
     2503191801       SFR                               1     OO        PURCHASE              N                             11.75                11.75               76250              76203.66               1/1/2007             12/1/2021                   769.67      180      25     IL                   2/1/2007        Y                 305000                   2          0             769.67                                                                               60634           11/2/2006              2      TB1630_BALLOON                                   0            305000                                 0     100                        676           40.75     NO-PREPAY                                                       0           0           0               0
     2503191823       PUD                               1     NOO       REFI                  Y                              12.6                 12.6               50000              49969.92               1/1/2007             12/1/2021                   537.51      180      20     TX                   2/1/2007        Y                 250000                   2          0             537.51                                                                               78746          11/20/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        746              36     NO-PREPAY                                                       0           0           0               0
     2503191861       SFR                               1     NOO       REFI                  Y                             13.99                13.99              132000             131926.89              12/1/2006             11/1/2021                  1562.99      180      15     CA                   2/1/2007        Y                 880000                   2          0            1562.99                                                                               94563           11/3/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        657           26.14     NO-PREPAY                                                       0           0           0               0
     2503191867       2-4FAMILY                         2     OO        PURCHASE              N                               7.4                  7.4              438750                438750               1/1/2007             12/1/2036                  2705.63      360      75     NY                   2/1/2007        N                 585000                   1          3            2705.63                                                                               10466          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            585000                            146250     100                        662           45.86     1YR                                        12/1/2011            6           3           1               3
     2503191868       2-4FAMILY                         2     OO        PURCHASE              N                             12.24                12.24              146250             146170.26               1/1/2007             12/1/2021                  1531.42      180      25     NY                   2/1/2007        Y                 585000                   2          0            1531.42                                                                               10466          11/30/2006              2      TB1630_BALLOON                                   0            585000                                 0     100                        662           45.86     NO-PREPAY                                                       0           0           0               0
     2503191878       2-4FAMILY                         4     NOO       PURCHASE              N                             6.375                6.375              712500                712500               1/1/2007             12/1/2036                  3785.16      360      75     CA                   2/1/2007        N                 975000                   1          3            3785.16                                                                               90026          11/15/2006              2      PA0605EI_ARM-INTONLY                             0            950000                            142500      90                        691            36.8     3YR                                        12/1/2011            6           3           1               3
     2503191879       2-4FAMILY                         4     NOO       PURCHASE              N                             12.25                12.25              142500             142422.48               1/1/2007             12/1/2021                  1493.25      180      15     CA                   2/1/2007        Y                 975000                   2          0            1493.25                                                                               90026          11/15/2006              2      TB0630_BALLOON                                   0            950000                                 0      90                        691            36.8     3YR                                                             0           0           0               0
     2503191880       CONDO                             1     NOO       REFI                  Y                                 7                    7              326250              325713.6               1/1/2007             12/1/2036                  2170.55      360      75     CA                   2/1/2007        N                 435000                   1          3            2170.55                                                                               94109          11/29/2006             17      PA0605E_ARM                                      0                 0                                 0      75                        743           13.15     2YR                                        12/1/2011            6           3           1               3
     2503191893       SFR                               1     NOO       REFI                  N                             11.99                11.99               81000              80929.63              12/1/2006             11/1/2021                   832.55      180      20     CA                   2/1/2007        Y                 405000                   2          0             832.55                                                                               92571          10/31/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        715           44.79     3YR                                                             0           0           0               0
     2503191911       SFR                               1     NOO       PURCHASE              N                             13.35                13.35               39000              38975.02              12/1/2006             11/1/2021                   442.11      180      20     MN                   2/1/2007        Y                 201991                   2          0             442.11                                                                               55411          10/31/2006              2      TB1630_BALLOON                                   0            195000                                 0      95                        647           45.33     NO-PREPAY                                                       0           0           0               0
     2503191917       2-4FAMILY                         4     NOO       PURCHASE              N                             12.44                12.44               82000              81957.24               1/1/2007             12/1/2021                   871.34      180      20     MN                   2/1/2007        Y                 415000                   2          0             871.34                                                                               55106          11/14/2006              2      TB0630_BALLOON                                   0            410000                                 0      90                        724            26.3     NO-PREPAY                                                       0           0           0               0
     2503191970       SFR                               1     NOO       PURCHASE              N                                12                   12               42000              41963.58              12/1/2006             11/1/2021                   432.02      180      20     CO                   2/1/2007        Y                 210000                   2          0             432.02                                                                               80550          10/30/2006              2      TB0630_BALLOON                                   0            210000                                 0      95                        788           25.59     NO-PREPAY                                                       0           0           0               0
     2503192004       CONDO                             1     OO        PURCHASE              N                              12.5                 12.5               66250               66198.6              12/1/2006             11/1/2021                   707.06      180      25     CA                   2/1/2007        Y                 265000                   2          0             707.06                                                                               92337           11/6/2006              2      TB2630_BALLOON                                   0            265000                                 0     100                        639           39.03     3YR                                                             0           0           0               0
     2503192032       2-4FAMILY                         2     NOO       PURCHASE              N                             13.99                13.99               67500              67475.23               1/1/2007             12/1/2021                   799.25      180      25     MN                   2/1/2007        Y                 270000                   2          0             799.25                                                                               55411          11/10/2006              2      TB1630_BALLOON                                   0            270000                                 0      95                        661           48.14     NO-PREPAY                                                       0           0           0               0
     2503192037       SFR                               1     OO        PURCHASE              N                             13.25                13.25               90100              90040.95              12/1/2006             11/1/2021                  1014.32      180      25     NY                   2/1/2007        Y                 361000                   2          0            1014.32                                                                               11706           11/3/2006              2      TB2630_BALLOON                                   0            360400                                 0     100                        629           38.89     NO-PREPAY                                                       0           0           0               0
     2503192096       SFR                               1     OO        REFI                  Y                              12.5                 12.5               31000               30944.5               1/1/2007             12/1/2021                   330.85      180      10     WA                   2/1/2007        Y                 310000                   2          0             330.85                                                                               98042          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        642           35.75     NO-PREPAY                                                       0           0           0               0
     2503192100       SFR                               1     OO        REFI                  Y                            11.875               11.875               32700              32680.67               1/1/2007             12/1/2021                   333.21      180      15     OR                   2/1/2007        Y                 218000                   2          0             333.21                                                                               97146          11/14/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        648           41.95     1YR                                                             0           0           0               0
     2503192104       CONDO                             1     OO        REFI                  Y                             12.75                12.75               92250              92182.35              12/1/2006             11/1/2021                  1002.47      180      25     CA                   2/1/2007        Y                 369000                   2          0            1002.47                                                                               92618           11/7/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        625           37.57     3YR                                                             0           0           0               0
     2503192175       SFR                               1     OO        REFI                  Y                             11.49                11.49               28500              28470.74              12/1/2006             11/1/2021                   282.02      180      10     CA                   2/1/2007        Y                 285000                   2          0             282.02                                                                               92311           11/6/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        647           38.27     3YR                                                             0           0           0               0
     2503192185       SFR                               1     OO        REFI                  N                             11.85                11.85               72500              72435.04              12/1/2006             11/1/2021                   737.38      180      10     CA                   2/1/2007        Y                 725000                   2          0             737.38                                                                               94503          10/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        672           38.26     3YR                                                             0           0           0               0
     2503192261       SFR                               1     OO        REFI                  Y                              11.8                 11.8               66500              66460.02               1/1/2007             12/1/2021                   673.81      180      10     CA                   2/1/2007        Y                 665000                   2          0             673.81                                                                               95037          11/14/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        641           39.14     2YR                                                             0           0           0               0
     2503192290       HI-RISE                           1     2ND       PURCHASE              N                              6.75                 6.75              180800                180800               2/1/2007              1/1/2037                     1017      360   69.99     CA                   2/1/2007        N                 290000                   1          3               1017                                                                               92101           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            258346                             64550   94.97                        687           35.79     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503192312       SFR                               1     NOO       PURCHASE              N                             11.75                11.75               53400              53348.04              12/1/2006             11/1/2021                   539.02      180      20     FL                   2/1/2007        Y                 267000                   2          0             539.02                                                                               32807          10/31/2006              2      TB0630_BALLOON                                   0            267000                                 0      95                        745           31.16     1YR                                                             0           0           0               0
     2503192316       CONDO                             1     2ND       PURCHASE              N                             8.163                8.163              183150                183150               1/1/2007             12/1/2036                  1245.88      360   79.99     FL                   2/1/2007        N                 234000                   1          3            1245.88                                                                               33190          11/28/2006              1      PA1605EI_ARM-INTONLY                             0            228990                                 0   79.99                        640           30.28     3YR                                        12/1/2011            6           3           1               3
     2503192331       CONDO                             1     2ND       PURCHASE              N                             12.25                12.25               24450              24132.98              12/1/2006             11/1/2021                   256.21      180      15     FL                   2/1/2007        Y                 163000                   2          0             256.21                                                                               33172          10/31/2006              2      TB0630_BALLOON                                   0            163000                                 0      90                        807           36.02     NO-PREPAY                                                       0           0           0               0
     2503192354       SFR                               1     OO        REFI                  N                             10.99                10.99               53100               53017.3              12/1/2006             11/1/2021                   505.28      180      10     CA                   2/1/2007        Y                 531000                   2          0             505.28                                                                               92407          10/27/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        675           36.88     3YR                                                             0           0           0               0
     2503192365       SFR                               1     OO        REFI                  N                              6.25                 6.25              496000                496000               1/1/2007             12/1/2036                  2583.33      360   79.24     CA                   2/1/2007        N                 626000                   1          3            2583.33                                                                               94536          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.24                        748           41.16     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503192366       SFR                               1     OO        PURCHASE              N                             12.74                12.74              147000             146928.34               1/1/2007             12/1/2021                  1596.29      180      30     CA                   2/1/2007        Y                 493000                   2          0            1596.29                                                                               91722          11/21/2006              2      TB2630_BALLOON                                   0            490000                                 0     100                        629           41.82     3YR                                                             0           0           0               0
     2503192376       SFR                               1     OO        REFI                  Y                             11.99                11.99               55000              54952.21              12/1/2006             11/1/2021                   565.31      180      20     CA                   2/1/2007        Y                 275000                   2          0             565.31                                                                               95991           11/2/2006              1      TB1630_BALLOON                                   0                 0                                 0     100                        646           37.65     NO-PREPAY                                                       0           0           0               0
     2503192397       SFR                               1     OO        PURCHASE              N                             11.75                11.75               20500              20481.22              12/1/2006             11/1/2021                   206.93      180       5     CA                   2/1/2007        Y                 412000                   2          0             206.93                                                                               92879          10/31/2006              2      TB1630_BALLOON                                   0            410000                                 0      85                        653           35.56     NO-PREPAY                                                       0           0           0               0
     2503192429       SFR                               1     OO        REFI                  N                             11.45                11.45               59000              58942.21              12/1/2006             11/1/2021                   582.02      180      10     CA                   2/1/2007        Y                 590000                   2          0             582.02                                                                               95667          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        648           38.79     3YR                                                             0           0           0               0
     2503192496       CONDO                             1     OO        REFI                  N                             12.55                12.55               57000              56956.27              12/1/2006             11/1/2021                   610.55      180      20     FL                   2/1/2007        Y                 285000                   2          0             610.55                                                                               33126          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        649           39.18     3YR                                                             0           0           0               0
     2503192520       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              116800             116709.39              12/1/2006             11/1/2021                  1246.56      180      20     CA                   2/1/2007        Y                 584000                   2          0            1246.56                                                                               93004          10/30/2006              2      TB2630_BALLOON                                   0            584000                                 0     100                        625           42.49     3YR                                                             0           0           0               0
     2503192559       SFR                               1     OO        REFI                  Y                              12.3                 12.3               60000              59967.72               1/1/2007             12/1/2021                   631.06      180      20     IL                   2/1/2007        Y                 300000                   2          0             631.06                                                                               60441           11/7/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        667           44.64     NO-PREPAY                                                       0           0           0               0
     2503192560       SFR                               1     NOO       REFI                  Y                              6.49                 6.49              250000             249545.88               2/1/2007              1/1/2037                  1578.53      360   60.98     NY                   2/1/2007        N                 410000                   1          3            1578.53                                                                               11575           12/5/2006              8      SA1605E_ARM                                      0                 0                                 0   60.98                        668               0     1YR                                         1/1/2012            6           3           1               3
     2503192566       2-4FAMILY                         2     OO        PURCHASE              N                             13.55                13.55              162500             162400.51              12/1/2006             11/1/2021                  1867.69      180      25     NY                   2/1/2007        Y                 650000                   2          0            1867.69                                                                               11236          10/31/2006              2      TB2630_BALLOON                                   0            650000                                 0     100                        628            46.1     NO-PREPAY                                                       0           0           0               0
     2503192578       2-4FAMILY                         3     OO        PURCHASE              N                              12.8                 12.8              177500             177414.61               1/1/2007             12/1/2021                   1935.8      180      25     NY                   2/1/2007        Y                 710000                   2          0             1935.8                                                                               11207          11/15/2006              2      TB1630_BALLOON                                   0            710000                                 0     100                        643           43.51     NO-PREPAY                                                       0           0           0               0
     2503192591       SFR                               1     OO        PURCHASE              N                             11.75                11.75               88750              88696.06               1/1/2007             12/1/2021                   895.85      180      25     CA                   2/1/2007        Y                 355000                   2          0             895.85                                                                               93552          11/13/2006              2      TB1630_BALLOON                                   0            355000                                 0     100                        641           41.25     3YR                                                             0           0           0               0
     2503192612       SFR                               1     OO        REFI                  Y                             6.125                6.125              487500                487500               1/1/2007             12/1/2036                  2488.28      360      75     CA                   2/1/2007        N                 650000                   1          3            2488.28                                                                               92504          11/30/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            162500     100                        704           38.51     3YR                                        12/1/2011            6           3           1               3
     2503192691       SFR                               1     OO        REFI                  N                             5.155                5.155              536000             535324.01               1/1/2007             12/1/2036                  2639.84      360      80     HI                   2/1/2007        Y                 670000                   1          3            2639.84                                                                               96817          11/30/2006              2      PL0605E_ARM-BALLOON                              0                 0                                 0      80                        720            42.8     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503192715       CONDO                             1     NOO       PURCHASE              N                            12.975               12.975               74236              74184.23              12/1/2006             11/1/2021                   819.75      180      15     CA                   2/1/2007        Y                 494910                   2          0             819.75                                                                               91103           11/7/2006              2      TB0630_BALLOON                                   0            494910                                 0      90                        690           34.03     NO-PREPAY                                                       0           0           0               0
     2503192736       SFR                               1     OO        PURCHASE              N                             12.05                12.05               79500              79450.54               1/1/2007             12/1/2021                   820.81      180      25     FL                   2/1/2007        Y                 335000                   2          0             820.81                                                                               33408          11/16/2006              2      TB1630_BALLOON                                   0            318000                                 0     100                        662           37.76     NO-PREPAY                                                       0           0           0               0
     2503192738       SFR                               1     NOO       PURCHASE              N                             9.055                9.055              225000             224905.07               1/1/2007             12/1/2036                   1745.1      360      90     FL                   2/1/2007        Y                 250000                   1      4.375             1745.1                                                                               34986          11/29/2006              2      PL2405E_ARM-BALLOON                             25            250000                                 0      90                        623            44.8     3YR                                        12/1/2011            6           3           1           4.375
     2503192780       CONDO                             1     OO        PURCHASE              N                             12.29                12.29              114750             114688.13               1/1/2007             12/1/2021                  1206.01      180      25     CA                   2/1/2007        Y                 459000                   2          0            1206.01                                                                               92630           11/8/2006              2      TB1630_BALLOON                                   0            459000                                 0     100                        644           42.42     3YR                                                             0           0           0               0
     2503192790       D-PUDS                            1     NOO       PURCHASE              N                               6.4                  6.4              101200             101106.72               2/1/2007              1/1/2037                   633.01      360   74.97     TX                   2/1/2007        N                 135000                   1          0             633.01                                                                               77318          12/27/2006              2      PF0630_FIXEDRATE                                 0            134990                             20200   89.94                        688           29.13     NO-PREPAY                                                       0           0           0               0
     2503192791       D-PUDS                            1     NOO       PURCHASE              N                             12.35                12.35               20200              20198.64               2/1/2007              1/1/2022                   213.24      180   14.97     TX                   2/1/2007        Y                 135000                   2          0             213.24                                                                               77318          12/27/2006              2      TB0630_BALLOON                                   0            134990                                 0   89.94                        688           28.22     NO-PREPAY                                                       0           0           0               0
     2503192799       HI-RISE                           1     OO        REFI                  Y                            12.875               12.875              104000             103925.81              12/1/2006             11/1/2021                   1140.3      180      20     HI                   2/1/2007        Y                 520000                   2          0             1140.3                                                                               96826          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        646            43.7     NO-PREPAY                                                       0           0           0               0
     2503192818       SFR                               1     OO        PURCHASE              N                               7.1                  7.1              387550                387550               2/1/2007              1/1/2037                     2293      360      80     HI                   2/1/2007        N                 490000                   1          0               2293                                                                               96743          12/13/2006              2      PF1630I_FIX-INTONLY                              0            484494                             96900     100                        657           44.03     3YR                                                             0           0           0               0
     2503192819       SFR                               1     OO        PURCHASE              N                              11.9                 11.9               96900              96871.66               2/1/2007              1/1/2022                   989.27      180   20.01     HI                   2/1/2007        Y                 490000                   2          0             989.27                                                                               96743          12/13/2006              2      TB1630_BALLOON                                   0            484494                                 0     100                        657           44.03     3YR                                                             0           0           0               0
     2503192881       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               90981               90934.2               1/1/2007             12/1/2021                      971      180      25     CA                   2/1/2007        Y                 365000                   2          0                971                                                                               93535          11/10/2006              2      TB2630_BALLOON                                   0            363926                                 0     100                        632           49.14     3YR                                                             0           0           0               0
     2503192917       CONDO                             1     OO        PURCHASE              N                             12.74                12.74               42000              41956.73               1/1/2007             12/1/2021                   456.08      180   24.57     FL                   2/1/2007        Y                 192000                   2          0             456.08                                                                               32822          11/13/2006              2      TB1630_BALLOON                                   0            170990                                 0   99.57                        642           45.82     3YR                                                             0           0           0               0
     2503192941       2-4FAMILY                         3     OO        PURCHASE              N                             12.14                12.14               66000              65928.89               1/1/2007             12/1/2021                   686.01      180      20     RI                   2/1/2007        Y                 340000                   2          0             686.01                                                                               02907           11/3/2006              2      TB1630_BALLOON                                   0            330000                                 0     100                        663           39.47     1YR                                                             0           0           0               0
     2503192974       SFR                               1     OO        REFI                  Y                              12.5                 12.5               75000              74941.83              12/1/2006             11/1/2021                   800.44      180      15     MD                   2/1/2007        Y                 500000                   2          0             800.44                                                                               21108           11/3/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        649           44.55     NO-PREPAY                                                       0           0           0               0
     2503192976       CONDO                             1     NOO       REFI                  Y                             12.75                12.75              114000             113916.38              12/1/2006             11/1/2021                  1238.83      180      20     CA                   2/1/2007        Y                 570000                   2          0            1238.83                                                                               92653           11/3/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        707           47.64     1YR                                                             0           0           0               0
     2503193020       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               90000              89930.19              12/1/2006             11/1/2021                   960.53      180      20     CA                   2/1/2007        Y                 465000                   2          0             960.53                                                                               95624           11/6/2006              2      TB2630_BALLOON                                   0            450000                                 0      95                        635           38.18     2YR                                                             0           0           0               0
     2503193022       SFR                               1     OO        PURCHASE              N                                12                   12               64500               64462.9               1/1/2007             12/1/2021                   663.46      180      25     IL                   2/1/2007        Y                 266000                   2          0             663.46                                                                               60160           11/8/2006              2      TB2630_BALLOON                                   0            258000                                 0     100                        627           43.09     NO-PREPAY                                                       0           0           0               0
     2503193031       SFR                               1     OO        REFI                  Y                              12.7                 12.7              160000             159921.29               1/1/2007             12/1/2021                  1732.48      180   13.34     CA                   2/1/2007        Y                1200000                   2          0            1732.48                                                                               92131          11/21/2006              2      TB2630_BALLOON                                   0                 0                                 0   88.34                        620           44.84     NO-PREPAY                                                       0           0           0               0
     2503193035       SFR                               1     NOO       PURCHASE              N                             13.75                13.75               98250               98211.9               1/1/2007             12/1/2021                  1144.72      180      15     WA                   2/1/2007        Y                 900000                   2          0            1144.72                                                                               98014          11/13/2006              2      TB0630_BALLOON                                   0            655000                                 0      95                        694           44.04     NO-PREPAY                                                       0           0           0               0
     2503193130       CONDO                             1     OO        PURCHASE              N                              6.05                 6.05              159750             159670.87               2/1/2007              1/1/2037                   884.54      360      75     FL                   2/1/2007        Y                 214000                   1          3             884.54                                                                               33183           12/8/2006              2      PL0605E_ARM-BALLOON                              0            213000                             53250     100                        706           33.27     3YR                                         1/1/2012            6           3           1               3
     2503193135       SFR                               1     OO        REFI                  Y                              12.5                 12.5               60700              60668.76               1/1/2007             12/1/2021                   647.83      180      20     CA                   2/1/2007        Y                 303500                   2          0             647.83                                                                               92346           11/9/2006              2      TB2630_BALLOON                                   0                 0                                 0     100                        624           32.43     1YR                                                             0           0           0               0
     2503193140       SFR                               1     OO        REFI                  Y                             6.375                6.375              331500                331500               1/1/2007             12/1/2036                  1761.09      360      75     MD                   2/1/2007        N                 442000                   1          3            1761.09                                                                               20906          11/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             43500   84.85                        646           40.11     3YR                                        12/1/2011            6           3           1               3
     2503193143       SFR                               1     OO        REFI                  Y                              12.4                 12.4               66250              66215.14               1/1/2007             12/1/2021                   701.92      180   17.67     CA                   2/1/2007        Y                 375000                   2          0             701.92                                                                               95621          11/17/2006              2      TB2630_BALLOON                                   0                 0                                 0   92.67                        621           42.19     3YR                                                             0           0           0               0
     2503193158       HI-RISE                           1     NOO       PURCHASE              N                              6.92                 6.92              170925                170925               2/1/2007              1/1/2037                   985.67      360      75     FL                   2/1/2007        N                 275000                   1          3             985.67                                                                               33308          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            227900                             45550   94.99                        739           37.82     3YR                                         1/1/2012            6           3           1               3
     2503193161       HI-RISE                           1     NOO       PURCHASE              N                            12.875               12.875               45550              45539.28               2/1/2007              1/1/2022                   499.43      180   19.99     FL                   2/1/2007        Y                 275000                   2          0             499.43                                                                               33308          12/20/2006              2      TB0630_BALLOON                                   0            227900                                 0   94.99                        739           37.02     NO-PREPAY                                                       0           0           0               0
     2503193170       HI-RISE                           1     NOO       PURCHASE              N                               6.9                  6.9              246750                246750               2/1/2007              1/1/2037                  1418.81      360    74.8     FL                   2/1/2007        N                 340000                   1          3            1418.81                                                                               33308          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            329900                             49350   89.76                        742           41.41     3YR                                         1/1/2012            6           3           1               3
     2503193174       HI-RISE                           1     NOO       PURCHASE              N                             12.75                12.75               49350              49338.06               2/1/2007              1/1/2022                   536.28      180   14.96     FL                   2/1/2007        Y                 340000                   2          0             536.28                                                                               33308          12/15/2006              2      TB0630_BALLOON                                   0            329900                                 0   89.76                        742           41.41     NO-PREPAY                                                       0           0           0               0
     2503193269       SFR                               1     OO        PURCHASE              N                             12.66                12.66               50400              50307.53              12/1/2006             11/1/2021                   544.16      180      20     CA                   2/1/2007        Y                 252000                   2          0             544.16                                                                               95817          10/30/2006              2      TB2630_BALLOON                                   0            252000                                 0     100                        639            35.6     1YR                                                             0           0           0               0
     2503193301       SFR                               1     OO        REFI                  N                             6.238                6.238              588000                588000               1/1/2007             12/1/2036                  3056.62      360      80     VA                   2/1/2007        N                 735000                   1          3            3056.62                                                                               22193          11/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            147000     100                        661           43.36     3YR                                        12/1/2011            6           3           1               3
     2503193302       SFR                               1     OO        REFI                  Y                             11.19                11.19              147000             146898.97               1/1/2007             12/1/2021                  1421.06      180      20     VA                   2/1/2007        Y                 735000                   2          0            1421.06                                                                               22193          11/21/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        661           43.36     3YR                                                             0           0           0               0
     2503193304       SFR                               1     OO        REFI                  N                              6.99                 6.99              264000                264000               2/1/2007              1/1/2037                   1537.8      360      80     CA                   2/1/2007        N                 330000                   1          4             1537.8                                                                               95660          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             66000     100                        654           39.89     2YR                                         1/1/2012            6           3           1               4
     2503193357       SFR                               1     OO        PURCHASE              N                             11.89                11.89               38700              38677.19               1/1/2007             12/1/2021                    394.8      180      15     FL                   2/1/2007        Y                 265000                   2          0              394.8                                                                               32712          11/13/2006              2      TB1630_BALLOON                                   0            258000                                 0      95                        658           26.52     2YR                                                             0           0           0               0
     2503193379       CONDO                             1     OO        PURCHASE              N                             13.34                13.34               53450              53427.25               1/1/2007             12/1/2021                    605.5      180   24.99     FL                   2/1/2007        Y                 214000                   2          0              605.5                                                                               33021          11/15/2006              2      TB1630_BALLOON                                   0            213900                                 0   99.98                        649            47.1     1YR                                                             0           0           0               0
     2503193385       SFR                               1     OO        REFI                  Y                            11.675               11.675               30000              29972.06              12/1/2006             11/1/2021                    301.1      180      10     CA                   2/1/2007        Y                 300000                   2          0              301.1                                                                               93307          10/31/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        643           29.22     3YR                                                             0           0           0               0
     2503193400       SFR                               1     NOO       PURCHASE              N                              12.2                 12.2               37600              37568.81              12/1/2006             11/1/2021                   392.56      180      20     CA                   2/1/2007        Y                 188000                   2          0             392.56                                                                               93235           11/6/2006              2      TB0630_BALLOON                                   0            188000                                 0      95                        754           41.09     1YR                                                             0           0           0               0
     2503193427       SFR                               1     OO        PURCHASE              N                             11.55                11.55               76000              75889.47              12/1/2006             11/1/2021                   755.52      180      20     CA                   2/1/2007        Y                 380000                   2          0             755.52                                                                               92324           11/1/2006              2      TB1630_BALLOON                                   0            380000                                 0     100                        664           44.99     1YR                                                             0           0           0               0
     2503193442       SFR                               1     OO        REFI                  Y                             11.29                11.29               21000              20985.89               1/1/2007             12/1/2021                    204.6      180    9.93     AZ                   2/1/2007        Y                 211500                   2          0              204.6                                                                               85210          11/10/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.37                        660           36.96     3YR                                                             0           0           0               0
     2503193444       2-4FAMILY                         3     OO        PURCHASE              N                             12.49                12.49              137500             137393.11              12/1/2006             11/1/2021                  1466.41      180      25     NY                   2/1/2007        Y                 565000                   2          0            1466.41                                                                               10457          10/30/2006              2      TB1630_BALLOON                                   0            550000                                 0     100                        661           48.27     NO-PREPAY                                                       0           0           0               0
     2503193450       D-PUDS                            1     OO        REFI                  N                              6.85                 6.85              322500                322500               2/1/2007              1/1/2037                  1840.94      360   67.19     CA                   2/1/2007        N                 480000                   1          0            1840.94                                                                               92223          12/19/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   67.19                        674            43.3     3YR                                                             0           0           0               0
     2503193461       SFR                               1     OO        PURCHASE              N                              11.6                 11.6               48000              47954.53              12/1/2006             11/1/2021                   479.01      180      20     AZ                   2/1/2007        Y                 240000                   2          0             479.01                                                                               85203           11/6/2006              2      TB1630_BALLOON                                   0            240000                                 0     100                        672           41.84     NO-PREPAY                                                       0           0           0               0
     2503193487       CONDO                             1     2ND       PURCHASE              N                             6.625                6.625              192300                192300               2/1/2007              1/1/2037                  1061.66      360   69.99     CA                   2/1/2007        N                 291000                   1          3            1061.66                                                                               92101          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            274776                             68650   94.97                        682           44.12     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503193493       2-4FAMILY                         2     OO        PURCHASE              N                             7.875                7.875              562500                562500               1/1/2007             12/1/2036                  3691.41      360      75     NY                   2/1/2007        N                 750000                   1          3            3691.41                                                                               11433          11/27/2006              2      PA1605EI_ARM-INTONLY                             0            750000                            187500     100                        659           49.76     1YR                                        12/1/2011            6           3           1               3
     2503193498       2-4FAMILY                         2     OO        PURCHASE              N                             13.14                13.14              187500             187416.47               1/1/2007             12/1/2021                  2094.66      180      25     NY                   2/1/2007        Y                 750000                   2          0            2094.66                                                                               11433          11/27/2006              2      TB1630_BALLOON                                   0            750000                                 0     100                        659           49.54     NO-PREPAY                                                       0           0           0               0
     2503193558       CONDO                             1     OO        REFI                  N                              6.25                 6.25              344000             343881.25               1/1/2007             12/1/2036                  1791.67      360      80     CA                   2/1/2007        N                 430000                   1          3            1791.67                                                                               93906          11/21/2006              2      PA1405EI_ARM-INTONLY                             0                 0                             43000      90                        679           44.56     1YR                                        12/1/2011            6           3           1               3
     2503193574       SFR                               1     OO        REFI                  N                             6.875                6.875              750000                750000               2/1/2007              1/1/2037                  4296.88      360    62.5     MI                   2/1/2007        N                1200000                   1          3            4296.88                                                                               48304          12/14/2006              2      PA1405EI_ARM-INTONLY                             0                 0                            390000      95                        648           44.51     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503193575       SFR                               1     OO        REFI                  Y                             13.55                13.55              390000              389921.3               2/1/2007              1/1/2022                  4482.45      180    32.5     MI                   2/1/2007        Y                1200000                   2          0            4482.45                                                                               48304          12/14/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        648           44.51     NO-PREPAY                                                       0           0           0               0
     2503193609       D-PUDS                            1     OO        REFI                  Y                              11.8                 11.8               49500              49455.13              12/1/2006             11/1/2021                   501.56      180      15     MD                   2/1/2007        Y                 330000                   2          0             501.56                                                                               20601           11/6/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        670           41.21     NO-PREPAY                                                       0           0           0               0
     2503193627       SFR                               1     NOO       PURCHASE              N                              11.5                 11.5               73750              73678.61              12/1/2006             11/1/2021                   730.34      180      25     CA                   2/1/2007        Y                 300000                   2          0             730.34                                                                               92545           11/3/2006              2      TB0630_BALLOON                                   0            295000                                 0      95                        733           36.56     1YR                                                             0           0           0               0
     2503193669       SFR                               1     OO        REFI                  Y                            10.975               10.975               38700              38672.12               1/1/2007             12/1/2021                   367.82      180    5.91     CA                   2/1/2007        Y                 655000                   2          0             367.82                                                                               93955           11/7/2006              2      TB1630_BALLOON                                   0                 0                                 0   84.69                        665           38.93     3YR                                                             0           0           0               0
     2503193735       SFR                               1     OO        PURCHASE              N                            11.625               11.625               40400              40374.75               1/1/2007             12/1/2021                   403.94      180      20     AZ                   2/1/2007        Y                 204000                   2          0             403.94                                                                               85204          11/10/2006              2      TB1630_BALLOON                                   0            202000                                 0     100                        664           39.08     NO-PREPAY                                                       0           0           0               0
     2503193745       D-PUDS                            1     NOO       REFI                  N                              5.75                 5.75              180000                180000               1/1/2007             12/1/2036                    862.5      360   59.02     NV                   2/1/2007        N                 305000                   1          3              862.5                                                                               89032           12/4/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   59.02                        717            44.5     1YR                                        12/1/2011            6           3           1               3
     2503193806       TOWNHOUSE                         1     OO        REFI                  Y                            12.375               12.375               46250              46225.52               1/1/2007             12/1/2021                   489.13      180      25     IL                   2/1/2007        Y                 185000                   2          0             489.13                                                                               60544          11/20/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        658           35.66     NO-PREPAY                                                       0           0           0               0
     2503193826       HI-RISE                           1     NOO       PURCHASE              N                            13.525               13.525               30200              30187.67               1/1/2007             12/1/2021                   346.51      180      20     FL                   2/1/2007        Y                 164000                   2          0             346.51                                                                               33014           9/16/2006              2      TB0630_BALLOON                                   0            151000                                 0      95                        760           49.07     NO-PREPAY                                                       0           0           0               0
     2503193839       SFR                               1     NOO       REFI                  Y                             11.85                11.85              118000             117929.84               1/1/2007             12/1/2021                  1200.16      180      20     CA                   2/1/2007        Y                 590000                   2          0            1200.16                                                                               95023           11/6/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        729           48.86     2YR                                                             0           0           0               0
     2503193852       SFR                               1     NOO       PURCHASE              N                             13.89                13.89               40000              39984.97               1/1/2007             12/1/2021                   470.47      180      20     FL                   2/1/2007        Y                 200000                   2          0             470.47                                                                               34207           11/3/2006              2      TB1630_BALLOON                                   0            200000                                 0      95                        655           30.15     NO-PREPAY                                                       0           0           0               0
     2503193871       SFR                               1     OO        PURCHASE              N                             11.85                11.85               37000              36948.03              12/1/2006             11/1/2021                   376.32      180      20     FL                   2/1/2007        Y                 185000                   2          0             376.32                                                                               33055          10/30/2006              2      TB1630_BALLOON                                   0            185000                                 0     100                        673           48.77     2YR                                                             0           0           0               0
     2503193884       D-PUDS                            1     OO        PURCHASE              N                             11.99                11.99              116250             116148.97              12/1/2006             11/1/2021                  1194.87      180      25     FL                   2/1/2007        Y                 470000                   2          0            1194.87                                                                               33196          10/31/2006              2      TB1630_BALLOON                                   0            465000                                 0     100                        658           38.77     3YR                                                             0           0           0               0
     2503193910       SFR                               1     NOO       REFI                  Y                              6.35                 6.35              341250                341250               1/1/2007             12/1/2036                  1805.78      360      65     CA                   2/1/2007        N                 525000                   1          3            1805.78                                                                               91790           12/4/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      65                        676           44.81     3YR                                        12/1/2011            6           3           1               3
     2503193935       SFR                               1     OO        REFI                  Y                             12.55                12.55              139000             138929.29               1/1/2007             12/1/2021                  1488.88      180      20     CA                   2/1/2007        Y                 695000                   2          0            1488.88                                                                               92701          11/17/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        652           41.81     1YR                                                             0           0           0               0
     2503193981       SFR                               1     OO        REFI                  Y                             12.29                12.29              112000             111939.61               1/1/2007             12/1/2021                  1177.11      180      20     PA                   2/1/2007        Y                 560000                   2          0            1177.11                                                                               18901           11/9/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        667            21.8     3YR                                                             0           0           0               0
     2503194017       D-PUDS                            1     OO        PURCHASE              N                               6.9                  6.9              560000                560000               1/1/2007             12/1/2036                     3220      360      80     HI                   2/1/2007        N                 700000                   1          3               3220                                                                               96720          11/29/2006              2      PA1605EI_ARM-INTONLY                             0            700000                            140000     100                        644           42.08     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503194019       SFR                               1     NOO       PURCHASE              N                              9.05                 9.05              103500             103444.05               2/1/2007              1/1/2037                   836.51      360      90     FL                   2/1/2007        N                 116000                   1      3.625             836.51                                                                               33712          12/12/2006             17      PA0405E_ARM                                     25            115000                                 0      90                        705            34.4     NO-PREPAY                                   1/1/2012            6           3           1           3.625
     2503194147       SFR                               1     OO        REFI                  Y                            12.625               12.625               78000              77960.99               1/1/2007             12/1/2021                   840.03      180   19.95     IL                   2/1/2007        Y                 391000                   2          0             840.03                                                                               60142           12/1/2006              2      TB2630_BALLOON                                   0                 0                                 0   94.95                        632              35     NO-PREPAY                                                       0           0           0               0
     2503194157       D-PUDS                            1     NOO       PURCHASE              N                            12.725               12.725              100000              99950.83               1/1/2007             12/1/2021                  1084.75      180      20     VA                   2/1/2007        Y                 538000                   2          0            1084.75                                                                               20136           11/7/2006              2      TB0630_BALLOON                                   0            500000                                 0      95                        685            46.6     NO-PREPAY                                                       0           0           0               0
     2503194201       SFR                               1     OO        REFI                  Y                              11.7                 11.7               48750              48720.04               1/1/2007             12/1/2021                   490.22      180      15     CA                   2/1/2007        Y                 325000                   2          0             490.22                                                                               92301          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        652           31.79     3YR                                                             0           0           0               0
     2503194241       2-4FAMILY                         3     OO        PURCHASE              N                             13.25                13.25              135150             135091.28               1/1/2007             12/1/2021                  1521.48      180      25     NY                   2/1/2007        Y                 560000                   2          0            1521.48                                                                               10453           11/3/2006              2      TB1630_BALLOON                                   0            540600                                 0     100                        655           42.77     NO-PREPAY                                                       0           0           0               0
     2503194291       2-4FAMILY                         3     OO        REFI                  N                              6.42                 6.42              502500                502500               2/1/2007              1/1/2037                  2688.38      360      75     NY                   2/1/2007        N                 670000                   1          3            2688.38                                                                               11207          12/20/2006              2      PA0602EI_ARM-INTONLY                             0                 0                            167500     100                        680           44.12     1YR                                         1/1/2009            6           3           1               3
     2503194307       SFR                               1     NOO       REFI                  Y                            13.875               13.875               85000              84951.66              12/1/2006             11/1/2021                   998.74      180      17     CA                   2/1/2007        Y                 500000                   2          0             998.74                                                                               91352          10/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      92                        657           30.77     NO-PREPAY                                                       0           0           0               0
     2503194313       CONDO                             1     NOO       PURCHASE              N                             14.09                14.09               57000              56979.56               1/1/2007             12/1/2021                   679.44      180      20     FL                   2/1/2007        Y                 285000                   2          0             679.44                                                                               33444          11/14/2006              2      TB1630_BALLOON                                   0            285000                                 0      95                        648           45.32     2YR                                                             0           0           0               0
     2503194375       D-PUDS                            1     OO        REFI                  Y                             6.363                6.363              155000             154711.45               1/1/2007             12/1/2036                   965.78      360   66.24     FL                   2/1/2007        N                 234000                   1          3             965.78                                                                               33189          11/30/2006              2      PA1605E_ARM                                      0                 0                                 0   66.24                        655            40.2     2YR                                        12/1/2011            6           3           1               3
     2503194376       D-PUDS                            1     OO        PURCHASE              N                             12.99                12.99              112500             112448.14               1/1/2007             12/1/2021                   1243.6      180      25     FL                   2/1/2007        Y                 450000                   2          0             1243.6                                                                               33027           11/7/2006              2      TB1630_BALLOON                                   0            450000                                 0     100                        644           43.56     NO-PREPAY                                                       0           0           0               0
     2503194415       SFR                               1     NOO       PURCHASE              N                             12.35                12.35               50400              50373.18               1/1/2007             12/1/2021                   532.04      180      20     FL                   2/1/2007        Y                 255000                   2          0             532.04                                                                               34232          11/14/2006              2      TB0630_BALLOON                                   0            252000                                 0      95                        691           35.33     NO-PREPAY                                                       0           0           0               0
     2503194473       D-PUDS                            1     OO        PURCHASE              N                             6.825                6.825              164000                164000               1/1/2007             12/1/2036                   932.75      360      80     AZ                   2/1/2007        N                 210000                   1          3             932.75                                                                               85242          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            205000                             41000     100                        666           48.31     1YR                                        12/1/2011            6           3           1               3
     2503194474       D-PUDS                            1     OO        PURCHASE              N                                12                   12               41000              40976.42               1/1/2007             12/1/2021                   421.73      180      20     AZ                   2/1/2007        Y                 205000                   2          0             421.73                                                                               85242          11/30/2006              2      TB1630_BALLOON                                   0            205000                                 0     100                        666           46.91     1YR                                                             0           0           0               0
     2503194495       HI-RISE                           1     NOO       PURCHASE              N                             14.55                14.55               44250              44228.45              12/1/2006             11/1/2021                   543.63      180      15     HI                   2/1/2007        Y                 295000                   2          0             543.63                                                                               96818           11/3/2006              2      TB1630_BALLOON                                   0            295000                                 0      95                        659           41.14     NO-PREPAY                                                       0           0           0               0
     2503194500       HI-RISE                           1     NOO       PURCHASE              N                              13.5                 13.5               35200              35185.54               1/1/2007             12/1/2021                   403.19      180   20.02     FL                   2/1/2007        Y                 176000                   2          0             403.19                                                                               33162          11/17/2006              2      TB1630_BALLOON                                   0            175900                                 0      95                        650           43.44     3YR                                                             0           0           0               0
     2503194502       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               81000              80958.32               1/1/2007             12/1/2021                   864.48      180      20     CA                   2/1/2007        Y                 405000                   2          0             864.48                                                                               93927          11/13/2006              2      TB1630_BALLOON                                   0            405000                                 0     100                        655            45.1     1YR                                                             0           0           0               0
     2503194540       SFR                               1     OO        REFI                  N                              6.25                 6.25              509845                509845               1/1/2007             12/1/2036                  2655.44      360      75     CA                   2/1/2007        N                 679794                   1          3            2655.44                                                                               91910          11/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             81000   86.92                        652           46.64     3YR                                        12/1/2011            6           3           1               3
     2503194541       SFR                               1     OO        REFI                  Y                             11.65                11.65               81000              80949.67               1/1/2007             12/1/2021                   811.42      180   11.92     CA                   2/1/2007        Y                 679794                   2          0             811.42                                                                               91910          11/27/2006              2      TB1630_BALLOON                                   0                 0                                 0   86.92                        652           46.61     3YR                                                             0           0           0               0
     2503194550       HI-RISE                           1     2ND       REFI                  Y                              12.1                 12.1               54500              54469.35               1/1/2007             12/1/2021                   564.79      180      10     FL                   2/1/2007        Y                 545000                   2          0             564.79                                                                               33141           11/9/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        736           40.47     NO-PREPAY                                                       0           0           0               0
     2503194587       SFR                               1     NOO       PURCHASE              N                                 8                    8              309900             309482.73               1/1/2007             12/1/2036                  2273.94      360      80     CA                   2/1/2007        N                 430000                   1          3            2273.94                                                                               93536          11/21/2006              2      PA0605E_ARM                                      0            387400                             58100      95                        699           49.58     3YR                                        12/1/2011            6           3           1               3
     2503194588       SFR                               1     NOO       PURCHASE              N                              12.2                 12.2               58100              58068.04               1/1/2007             12/1/2021                   606.58      180      15     CA                   2/1/2007        Y                 430000                   2          0             606.58                                                                               93536          11/21/2006              2      TB0630_BALLOON                                   0            387400                                 0      95                        699           49.58     3YR                                                             0           0           0               0
     2503194626       D-PUDS                            1     NOO       REFI                  Y                             7.125                7.125              721000                721000               2/1/2007              1/1/2037                  4280.94      360   77.12     CA                   2/1/2007        N                 935000                   1          3            4280.94                                                                               92587          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   77.12                        710           22.89     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503194658       HI-RISE                           1     NOO       PURCHASE              N                              14.5                 14.5               91000              90970.28               1/1/2007             12/1/2021                  1114.35      180      20     FL                   2/1/2007        Y                 490500                   2          0            1114.35                                                                               33131           11/2/2006              2      TB1630_BALLOON                                   0            455000                                 0      90                        644           39.78     NO-PREPAY                                                       0           0           0               0
     2503194673       D-PUDS                            1     OO        PURCHASE              N                             12.35                12.35               57000              56969.68               1/1/2007             12/1/2021                   601.71      180      20     FL                   2/1/2007        Y                 290000                   2          0             601.71                                                                               33437          11/14/2006              2      TB1630_BALLOON                                   0            285000                                 0     100                        674           32.73     NO-PREPAY                                                       0           0           0               0
     2503194696       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25              340000                340000               1/1/2007             12/1/2036                  2054.17      360      80     HI                   2/1/2007        N                 425000                   1          3            2054.17                                                                               96706          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            425000                             63750      95                        696           46.61     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503194697       SFR                               1     NOO       PURCHASE              N                             12.85                12.85               63750              63719.67               1/1/2007             12/1/2021                   697.74      180      15     HI                   2/1/2007        Y                 425000                   2          0             697.74                                                                               96706          11/29/2006              2      TB0630_BALLOON                                   0            425000                                 0      95                        696           46.61     NO-PREPAY                                                       0           0           0               0
     2503194704       2-4FAMILY                         3     OO        REFI                  N                              8.09                 8.09              251250             251109.29               1/1/2007             12/1/2036                  1763.96      360   74.78     RI                   2/1/2007        Y                 336000                   1          3            1763.96                                                                               02863           12/5/2006              2      PL1605E_ARM-BALLOON                              0                 0                             83750   99.71                        666           41.96     1YR                                        12/1/2011            6           3           1               3
     2503194706       2-4FAMILY                         3     OO        REFI                  N                             12.34                12.34               83750              83705.35               1/1/2007             12/1/2021                   883.44      180   24.93     RI                   2/1/2007        Y                 336000                   2          0             883.44                                                                               02863           12/5/2006              2      TB1630_BALLOON                                   0                 0                                 0   99.71                        666           41.96     1YR                                                             0           0           0               0
     2503194714       SFR                               1     OO        REFI                  Y                            11.825               11.825              125000             124925.27               1/1/2007             12/1/2021                  1268.95      180      20     CA                   2/1/2007        Y                 625000                   2          0            1268.95                                                                               95337           11/7/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        672           42.81     1YR                                                             0           0           0               0
     2503194720       SFR                               1     NOO       PURCHASE              N                                12                   12               28750              28693.58               1/1/2007             12/1/2021                   295.73      180      25     IL                   2/1/2007        Y                 115000                   2          0             295.73                                                                               60617           11/9/2006              2      TB1630_BALLOON                                   0            115000                                 0      90                        659           34.78     NO-PREPAY                                                       0           0           0               0
     2503194737       SFR                               1     OO        REFI                  Y                              5.99                 5.99              312000                312000               1/1/2007             12/1/2036                   1557.4      360      80     CA                   2/1/2007        N                 390000                   1          3             1557.4                                                                               92553          11/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        661           38.82     5YR                                        12/1/2011            6           3           1               3
     2503194742       CONDO                             1     OO        PURCHASE              N                             12.45                12.45               28000              27983.17               1/1/2007             12/1/2021                   297.75      180      20     IL                   2/1/2007        Y                 154500                   2          0             297.75                                                                               60634          11/14/2006              2      TB1630_BALLOON                                   0            140000                                 0     100                        675           46.47     NO-PREPAY                                                       0           0           0               0
     2503194762       SFR                               1     OO        REFI                  Y                              6.75                 6.75              371250                371250               1/1/2007             12/1/2036                  2088.28      360      75     CA                   2/1/2007        N                 495000                   1          3            2088.28                                                                               91733          11/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             99000      95                        702           38.02     3YR                                        12/1/2011            6           3           1               3
     2503194766       SFR                               1     OO        PURCHASE              N                             12.05                12.05               43800              43674.09               1/1/2007             12/1/2021                   452.22      180      20     IL                   2/1/2007        Y                 221000                   2          0             452.22                                                                               60544          11/20/2006              2      TB1630_BALLOON                                   0            219000                                 0     100                        660           33.96     NO-PREPAY                                                       0           0           0               0
     2503194769       SFR                               1     NOO       REFI                  N                              8.48                 8.48              151200             151015.41               1/1/2007             12/1/2036                  1160.45      360      80     FL                   2/1/2007        N                 189000                   1          3            1160.45                                                                               32720          11/30/2006              2      PA1605E_ARM                                      0                 0                             28350      95                        665           35.61     3YR                                        12/1/2011            6           3           1               3
     2503194770       SFR                               1     NOO       REFI                  Y                              13.4                 13.4               28350              28338.09               1/1/2007             12/1/2021                    322.5      180      15     FL                   2/1/2007        Y                 189000                   2          0              322.5                                                                               32720          11/30/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        665           35.61     NO-PREPAY                                                       0           0           0               0
     2503194805       HI-RISE                           1     NOO       PURCHASE              N                              6.99                 6.99              142500             142491.76               1/1/2007             12/1/2036                   830.06      360      75     PA                   2/1/2007        N                 203000                   1          3             830.06                                                                               19107          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            190000                             38000      95                        707           39.88     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503194809       HI-RISE                           1     NOO       PURCHASE              N                             12.94                12.94               38000               37982.3               1/1/2007             12/1/2021                   418.57      180      20     PA                   2/1/2007        Y                 203000                   2          0             418.57                                                                               19107          11/30/2006              2      TB0630_BALLOON                                   0            190000                                 0      95                        707           39.88     NO-PREPAY                                                       0           0           0               0
     2503194827       SFR                               1     NOO       PURCHASE              N                              14.3                 14.3               35900              35887.73               1/1/2007             12/1/2021                   433.91      180      19     NV                   2/1/2007        Y                 189000                   2          0             433.91                                                                               89015          11/16/2006              2      TB1630_BALLOON                                   0            189000                                 0      95                        652            42.5     NO-PREPAY                                                       0           0           0               0
     2503194835       SFR                               1     NOO       REFI                  Y                            14.375               14.375               20000              19993.28               1/1/2007             12/1/2021                   242.92      180      20     FL                   2/1/2007        Y                 100000                   2          0             242.92                                                                               34482          11/13/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        649           33.17     2YR                                                             0           0           0               0
     2503194897       SFR                               1     OO        PURCHASE              N                             13.79                13.79               74400              74371.42               1/1/2007             12/1/2021                   869.19      180      20     FL                   2/1/2007        Y                 372000                   2          0             869.19                                                                               33032           11/8/2006              2      TB2630_BALLOON                                   0            372000                                 0     100                        628           45.35     NO-PREPAY                                                       0           0           0               0
     2503194899       D-PUDS                            1     OO        PURCHASE              N                            12.375               12.375               62800              62766.78               1/1/2007             12/1/2021                   664.15      180      20     AZ                   2/1/2007        Y                 330000                   2          0             664.15                                                                               85242          11/21/2006              2      TB2630_BALLOON                                   0            314000                                 0     100                        628           39.05     1YR                                                             0           0           0               0
     2503194920       SFR                               1     OO        REFI                  N                              6.95                 6.95              165000                165000               1/1/2007             12/1/2036                   955.63      360      75     CA                   2/1/2007        N                 220000                   1          3             955.63                                                                               95901          11/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             48400      97                        663           45.84     3YR                                        12/1/2011            6           3           1               3
     2503194921       SFR                               1     OO        REFI                  Y                             11.35                11.35               48400              48367.87               1/1/2007             12/1/2021                   473.77      180      22     CA                   2/1/2007        Y                 220000                   2          0             473.77                                                                               95901          11/27/2006              2      TB1630_BALLOON                                   0                 0                                 0      97                        663           45.84     3YR                                                             0           0           0               0
     2503194930       D-PUDS                            1     NOO       REFI                  N                              13.2                 13.2               34250              34227.31              12/1/2006             11/1/2021                   384.23      180       5     HI                   2/1/2007        Y                 685000                   2          0             384.23                                                                               96707           11/7/2006              2      TB1630_BALLOON                                   0                 0                                 0      85                        673           31.46     NO-PREPAY                                                       0           0           0               0
     2503194940       SFR                               1     NOO       REFI                  N                            11.625               11.625               25500              25484.06               1/1/2007             12/1/2021                   254.96      180      10     CA                   2/1/2007        Y                 255000                   2          0             254.96                                                                               93292          11/17/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        725           41.58     2YR                                                             0           0           0               0
     2503194945       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              137800             137729.11               1/1/2007             12/1/2021                  1470.68      180      20     CA                   2/1/2007        Y                 689000                   2          0            1470.68                                                                               95023          11/13/2006              2      TB1630_BALLOON                                   0            689000                                 0     100                        664           44.44     NO-PREPAY                                                       0           0           0               0
     2503194947       SFR                               1     OO        REFI                  N                               6.6                  6.6              341250                341250               1/1/2007             12/1/2036                  1876.88      360      75     NJ                   2/1/2007        N                 455000                   1          3            1876.88                                                                               07644          11/20/2006              1      PA1605EI_ARM-INTONLY                             0                 0                             91000      95                        641           47.45     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503194955       2-4FAMILY                         4     OO        PURCHASE              N                              7.75                 7.75              438750                438750               2/1/2007              1/1/2037                  2833.59      360      75     CA                   2/1/2007        N                 589000                   1          0            2833.59                                                                               91766          12/13/2006              2      PF0630I_FIX-INTONLY                              0            585000                            146250     100                        694           44.16     3YR                                                             0           0           0               0
     2503194958       D-PUDS                            1     NOO       PURCHASE              N                                13                   13               99000              98954.47               1/1/2007             12/1/2021                  1095.14      180      20     FL                   2/1/2007        Y                 495000                   2          0            1095.14                                                                               33029           11/9/2006              2      TB0630_BALLOON                                   0            495000                                 0      90                        693           38.15     NO-PREPAY                                                       0           0           0               0
     2503194959       SFR                               1     OO        REFI                  Y                             12.15                12.15               91000              90949.38               1/1/2007             12/1/2021                   946.56      180      20     NJ                   2/1/2007        Y                 455000                   2          0             946.56                                                                               07644          11/20/2006              1      TB1630_BALLOON                                   0                 0                                 0      95                        641           47.45     NO-PREPAY                                                       0           0           0               0
     2503194962       SFR                               1     OO        PURCHASE              N                              6.45                 6.45              240000                240000               1/1/2007             12/1/2036                     1290      360      80     FL                   2/1/2007        N                 320000                   1          3               1290                                                                               34746          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            300000                             60000     100                        723              39     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503194981       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              359900                359900               1/1/2007             12/1/2036                  2061.93      360      80     CA                   2/1/2007        N                 458000                   1          3            2061.93                                                                               92881          11/27/2006              2      PA0605EI_ARM-INTONLY                             0            449900                             90000     100                        766           43.51     1YR                                        12/1/2011            6           3           1               3
     2503194984       SFR                               1     NOO       REFI                  Y                             12.54                12.54               75000              74961.76               1/1/2007             12/1/2021                   802.77      180      20     FL                   2/1/2007        Y                 375000                   2          0             802.77                                                                               33060          11/15/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        699           42.49     3YR                                                             0           0           0               0
     2503195015       CONDO                             1     OO        REFI                  Y                              7.27                 7.27              428000                428000               2/1/2007              1/1/2037                  2592.97      360      80     CA                   2/1/2007        N                 535000                   1          3            2592.97                                                                               94551          12/26/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             80250      95                        643            32.4     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503195026       2-4FAMILY                         2     OO        PURCHASE              N                             11.89                11.89               94500              94444.32               1/1/2007             12/1/2021                   964.04      180      25     FL                   2/1/2007        Y                 378000                   2          0             964.04                                                                               33144          11/10/2006              2      TB1630_BALLOON                                   0            378000                                 0     100                        677           41.34     3YR                                                             0           0           0               0
     2503195038       CONDO                             1     OO        PURCHASE              N                              13.5                 13.5               47950              47930.31               1/1/2007             12/1/2021                   549.23      180   24.99     FL                   2/1/2007        Y                 194000                   2          0             549.23                                                                               33021          11/30/2006              2      TB1630_BALLOON                                   0            191900                                 0   99.98                        658           45.19     1YR                                                             0           0           0               0
     2503195043       SFR                               1     NOO       PURCHASE              N                              6.75                 6.75              151500             151369.56               2/1/2007              1/1/2037                   982.63      360      75     FL                   2/1/2007        N                 205000                   1          4             982.63                                                                               32909           12/6/2006              2      PA0605E_ARM                                      0            202000                             40400      95                        721           45.49     3YR                                         1/1/2012            6           3           1               4
     2503195044       SFR                               1     NOO       PURCHASE              N                              11.5                 11.5               40400              40387.09               2/1/2007              1/1/2022                   400.08      180      20     FL                   2/1/2007        Y                 205000                   2          0             400.08                                                                               32909           12/6/2006              2      TB0630_BALLOON                                   0            202000                                 0      95                        721           45.49     3YR                                                             0           0           0               0
     2503195046       SFR                               1     OO        REFI                  Y                             10.75                10.75               55750              55706.66               1/1/2007             12/1/2021                   520.42      180      25     FL                   2/1/2007        Y                 223000                   2          0             520.42                                                                               33991          11/15/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        676           36.34     3YR                                                             0           0           0               0
     2503195074       SFR                               1     NOO       PURCHASE              N                              12.7                 12.7               75000              74963.11               1/1/2007             12/1/2021                    812.1      180      20     IL                   2/1/2007        Y                 375000                   2          0              812.1                                                                               60647          11/16/2006              2      TB0630_BALLOON                                   0            375000                                 0      95                        692           49.03     NO-PREPAY                                                       0           0           0               0
     2503195100       CONDO                             1     NOO       PURCHASE              N                             12.65                12.65               22500              22488.82               1/1/2007             12/1/2021                   242.75      180      10     DC                   2/1/2007        Y                 225000                   2          0             242.75                                                                               20010          11/30/2006              2      TB0630_BALLOON                                   0            225000                                 0      90                        730           50.41     NO-PREPAY                                                       0           0           0               0
     2503195106       SFR                               1     NOO       PURCHASE              N                             6.375                6.375              300000                300000               1/1/2007             12/1/2036                  1593.75      360      75     CA                   2/1/2007        N                 400000                   1          3            1593.75                                                                               91754           12/7/2006              1      PA0605EI_ARM-INTONLY                             0            400000                                 0      75                        680           35.23     3YR                                        12/1/2011            6           3           1               3
     2503195125       SFR                               1     OO        REFI                  N                             6.375                6.375              392000                392000               1/1/2007             12/1/2036                   2082.5      360      80     CA                   2/1/2007        N                 490000                   1          3             2082.5                                                                               93905          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             88500   98.07                        698           38.22     2YR                                        12/1/2011            6           3           1               3
     2503195136       SFR                               1     OO        REFI                  Y                               6.6                  6.6              420000             419547.06               1/1/2007             12/1/2036                     2310      360      80     HI                   2/1/2007        N                 525000                   1          3               2310                                                                               96793          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        666            39.5     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195145       SFR                               1     OO        PURCHASE              N                             5.875                5.875              367500                367500               1/1/2007             12/1/2036                  1799.22      360      70     CA                   2/1/2007        N                 560000                   1          3            1799.22                                                                               90715           12/1/2006              2      PA1605EI_ARM-INTONLY                             0            525000                             78750      85                        669            41.8     3YR                                        12/1/2011            6           3           1               3
     2503195146       SFR                               1     OO        PURCHASE              N                            10.625               10.625               78750              78688.81               1/1/2007             12/1/2021                   727.73      180      15     CA                   2/1/2007        Y                 560000                   2          0             727.73                                                                               90715           12/1/2006              2      TB1630_BALLOON                                   0            525000                                 0      85                        669            41.8     3YR                                                             0           0           0               0
     2503195164       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              624000                624000               1/1/2007             12/1/2036                     3250      360      80     HI                   2/1/2007        N                 780000                   1       2.75               3250                                                                               96797           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            790000                            156000     100                        730           39.65     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     2503195166       D-PUDS                            1     OO        PURCHASE              N                              7.67                 7.67              361600                361600               1/1/2007             12/1/2036                  2311.23      360      90     DE                   2/1/2007        N                 406000                   1          3            2311.23                                                                               19977          11/29/2006             17      PA2605EI_ARM-INTONLY                            25            401780                                 0      90                        625           50.44     2YR                                        12/1/2011            6           3           1               3
     2503195169       D-PUDS                            1     OO        PURCHASE              N                             12.21                12.21               23800              23786.95               1/1/2007             12/1/2021                   248.66      180      10     NV                   2/1/2007        Y                 265000                   2          0             248.66                                                                               89015          11/30/2006              2      TB1630_BALLOON                                   0            238065                                 0      90                        665           45.24     3YR                                                             0           0           0               0
     2503195216       CONDO                             1     OO        PURCHASE              N                                12                   12               27200              27184.36               1/1/2007             12/1/2021                   279.78      180      20     IL                   2/1/2007        Y                 140000                   2          0             279.78                                                                               60008          11/14/2006              2      TB1630_BALLOON                                   0            136000                                 0      95                        648           33.94     NO-PREPAY                                                       0           0           0               0
     2503195243       SFR                               1     OO        PURCHASE              N                             5.875                5.875              504000                504000               1/1/2007             12/1/2036                   2467.5      360      80     NY                   2/1/2007        N                 630000                   1          3             2467.5                                                                               11369          11/21/2006              2      PA0605EI_ARM-INTONLY                             0            630000                             63000      90                        687           31.35     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195245       SFR                               1     OO        PURCHASE              N                             6.781                6.781              180000             179851.88               1/1/2007             12/1/2036                  1090.06      360      75     FL                   2/1/2007        Y                 240000                   1          3            1090.06                                                                               33032          11/30/2006              1      PL2605E_ARM-BALLOON                              0            240000                             60000     100                        629           48.38     1YR                                        12/1/2011            6           3           1               3
     2503195246       SFR                               1     OO        PURCHASE              N                             12.84                12.84               60000              59966.81               1/1/2007             12/1/2021                   656.22      180      25     FL                   2/1/2007        Y                 240000                   2          0             656.22                                                                               33032          11/30/2006              1      TB2630_BALLOON                                   0            240000                                 0     100                        629           48.38     1YR                                                             0           0           0               0
     2503195252       2-4FAMILY                         2     NOO       PURCHASE              N                              11.7                 11.7               42000              41474.19               1/1/2007             12/1/2021                   422.34      180      20     OK                   2/1/2007        Y                 210000                   2          0             422.34                                                                               74403           12/1/2006              1      TB0630_BALLOON                                   0            210000                                 0      95                        730           38.26     NO-PREPAY                                                       0           0           0               0
     2503195267       SFR                               1     OO        PURCHASE              N                             11.84                11.84              108150             108085.56               1/1/2007             12/1/2021                  1099.14      180      20     NY                   2/1/2007        Y                 550000                   2          0            1099.14                                                                               10705          11/14/2006              2      TB1630_BALLOON                                   0            540750                                 0     100                        667           41.24     NO-PREPAY                                                       0           0           0               0
     2503195273       CONDO                             1     2ND       REFI                  Y                             6.315                6.315              200000                200000               2/1/2007              1/1/2037                   1052.5      360   56.34     FL                   2/1/2007        N                 355000                   1          0             1052.5                                                                               32963          12/14/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   56.34                        708           30.42     1YR                                                             0           0           0               0
     2503195338       SFR                               1     OO        REFI                  N                               7.5                  7.5              484500                484500               2/1/2007              1/1/2037                  3028.12      360      75     IL                   2/1/2007        N                 646000                   1          3            3028.12                                                                               60422          12/18/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            161500     100                        674           36.28     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503195359       SFR                               1     OO        REFI                  Y                               6.5                  6.5              584800                584800               1/1/2007             12/1/2036                  3167.67      360      80     HI                   2/1/2007        N                 731000                   1          3            3167.67                                                                               96740          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             49200   86.74                        673           47.12     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195360       SFR                               1     OO        REFI                  Y                            10.875               10.875               49200              49163.79               1/1/2007             12/1/2021                    463.9      180    6.74     HI                   2/1/2007        Y                 731000                   2          0              463.9                                                                               96740          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0   86.74                        673           47.12     3YR                                                             0           0           0               0
     2503195373       D-PUDS                            1     OO        PURCHASE              N                             11.39                11.39              137000             136909.87               1/1/2007             12/1/2021                  1345.21      180      20     CA                   2/1/2007        Y                 687000                   2          0            1345.21                                                                               90746          11/16/2006              2      TB1630_BALLOON                                   0            685000                                 0     100                        671           45.29     3YR                                                             0           0           0               0
     2503195374       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              368000                368000               1/1/2007             12/1/2036                  1916.67      360      80     CA                   2/1/2007        N                 470000                   1          3            1916.67                                                                               93063          11/29/2006              2      PA0605EI_ARM-INTONLY                             0            460000                             92000     100                        688            44.1     3YR                                        12/1/2011            6           3           1               3
     2503195414       SFR                               1     NOO       PURCHASE              N                             6.175                6.175              373100                373100               1/1/2007             12/1/2036                  1919.91      360      70     CA                   2/1/2007        N                 533000                   1          3            1919.91                                                                               94564           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            533000                             53300      80                        732           33.65     3YR                                        12/1/2011            6           3           1               3
     2503195447       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               58750              58734.97               2/1/2007              1/1/2022                   627.01      180      25     CA                   2/1/2007        Y                 235000                   2          0             627.01                                                                               93702           12/8/2006              2      TB1630_BALLOON                                   0            235000                                 0     100                        654           37.95     2YR                                                             0           0           0               0
     2503195476       D-PUDS                            1     OO        REFI                  Y                             13.25                13.25               98000              97957.41               1/1/2007             12/1/2021                  1103.26      180      20     WA                   2/1/2007        Y                 490000                   2          0            1103.26                                                                               98682          11/16/2006              1      TB2630_BALLOON                                   0                 0                                 0     100                        626           43.02     NO-PREPAY                                                       0           0           0               0
     2503195492       SFR                               1     OO        REFI                  Y                             5.375                5.375              330000                330000               1/1/2007             12/1/2036                  1478.13      360   71.74     NY                   2/1/2007        N                 460000                   1          3            1478.13                                                                               11714          11/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   71.74                        709           43.15     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195500       SFR                               1     NOO       PURCHASE              N                             11.69                11.69               53300              53267.16               1/1/2007             12/1/2021                   535.57      180      10     CA                   2/1/2007        Y                 533000                   2          0             535.57                                                                               94564           12/6/2006              2      TB0630_BALLOON                                   0            533000                                 0      80                        732           33.91     NO-PREPAY                                                       0           0           0               0
     2503195525       SFR                               1     OO        PURCHASE              N                            12.375               12.375              141000              140925.4               1/1/2007             12/1/2021                  1491.17      180      20     CA                   2/1/2007        Y                 705000                   2          0            1491.17                                                                               92708          11/10/2006              2      TB1630_BALLOON                                   0            705000                                 0     100                        652           44.44     NO-PREPAY                                                       0           0           0               0
     2503195574       HI-RISE                           1     NOO       REFI                  N                              5.75                 5.75              210000                210000               1/1/2007             12/1/2036                  1006.25      360   66.67     FL                   2/1/2007        N                 315000                   1          3            1006.25                                                                               33125          11/30/2006              7      SA0605EI_ARM-INTONLY                             0                 0                                 0   66.67                        711               0     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195594       CONDO                             1     NOO       REFI                  N                              5.75                 5.75              210000                210000               1/1/2007             12/1/2036                  1006.25      360   66.67     FL                   2/1/2007        N                 315000                   1          3            1006.25                                                                               33125          11/30/2006              7      SA0605EI_ARM-INTONLY                             0                 0                                 0   66.67                        711               0     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195618       D-PUDS                            1     OO        REFI                  Y                             6.375                6.375             1560000            1558555.13               2/1/2007              1/1/2037                  9732.37      360      65     CA                   2/1/2007        N                2400000                   1          3            9732.37                                                                               92648          12/11/2006              2      PA0605E_ARM                                      0                 0                                 0      65                        707            34.7     1YR                                         1/1/2012            6           3           1               3
     2503195663       CONDO                             1     OO        PURCHASE              N                              7.15                 7.15              227200                227200               2/1/2007              1/1/2037                  1353.73      360   74.99     FL                   2/1/2007        N                 306000                   1          3            1353.73                                                                               33178           12/4/2006              2      PA0605EI_ARM-INTONLY                             0            302990                             75748   99.99                        693           28.93     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503195668       HI-RISE                           1     NOO       PURCHASE              N                             13.99                13.99               51000              50981.29               1/1/2007             12/1/2021                   603.88      180      20     FL                   2/1/2007        Y                 270000                   2          0             603.88                                                                               33125          11/29/2006              2      TB1630_BALLOON                                   0            255094                                 0   94.99                        669            49.8     NO-PREPAY                                                       0           0           0               0
     2503195674       SFR                               1     NOO       PURCHASE              N                               6.5                  6.5               84000              83847.71               1/1/2007             12/1/2036                   530.94      360      70     FL                   2/1/2007        N                 135000                   1          3             530.94                                                                               32208          11/30/2006              1      PA1605E_ARM                                      0            120000                             24000      90                        648           42.26     2YR                                        12/1/2011            6           3           1               3
     2503195705       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              468000                468000               1/1/2007             12/1/2036                   2632.5      360      80     CA                   2/1/2007        N                 585000                   1          3             2632.5                                                                               92078          11/29/2006              2      PA0605EI_ARM-INTONLY                             0            585000                            117000     100                        686           48.09     3YR                                        12/1/2011            6           3           1               3
     2503195725       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              276000                275800               1/1/2007             12/1/2036                   1437.5      360      80     HI                   2/1/2007        N                 350000                   1          3             1437.5                                                                               96782          11/30/2006              2      PA0603EI_ARM-INTONLY                             0            345000                             69000     100                        780           40.65     NO-PREPAY                                  12/1/2009            6           3           1               3
     2503195729       D-PUDS                            1     2ND       REFI                  Y                               6.1                  6.1              460000                460000               1/1/2007             12/1/2036                  2338.33      360      80     HI                   2/1/2007        N                 575000                   1          3            2338.33                                                                               96797          11/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        678           32.18     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503195740       SFR                               1     OO        PURCHASE              N                             12.05                12.05              124000             123929.48               1/1/2007             12/1/2021                  1280.25      180      20     CA                   2/1/2007        Y                 620000                   2          0            1280.25                                                                               91786          11/16/2006              2      TB1630_BALLOON                                   0            620000                                 0     100                        670           42.23     NO-PREPAY                                                       0           0           0               0
     2503195759       D-PUDS                            1     OO        REFI                  Y                                 8                    8              248000                248000               1/1/2007             12/1/2036                  1653.33      360      80     FL                   2/1/2007        N                 310000                   1          3            1653.33                                                                               33035          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        658           34.32     3YR                                        12/1/2011            6           3           1               3
     2503195778       CONDO                             1     OO        REFI                  N                               5.9                  5.9              463000             462992.24               1/1/2007             12/1/2036                  2276.42      360   78.88     CA                   2/1/2007        N                 587000                   1          4            2276.42                                                                               92123          11/28/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0   78.88                        689           45.24     3YR                                        12/1/2013            6           3           1               4
     2503195815       CONDO                             1     OO        REFI                  Y                               6.9                  6.9              110600                110600               1/1/2007             12/1/2036                   635.95      360      70     FL                   2/1/2007        N                 158000                   1          3             635.95                                                                               33319          11/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             47400     100                        651            49.2     3YR                                        12/1/2011            6           3           1               3
     2503195816       CONDO                             1     OO        REFI                  Y                             12.99                12.99               47400              47378.16               1/1/2007             12/1/2021                   523.97      180      30     FL                   2/1/2007        Y                 158000                   2          0             523.97                                                                               33319          11/27/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        651           47.38     3YR                                                             0           0           0               0
     2503195823       HI-RISE                           1     2ND       PURCHASE              N                               6.5                  6.5              198900                198900               1/1/2007             12/1/2036                  1077.38      360      70     CA                   2/1/2007        N                 285000                   1          3            1077.38                                                                               92101           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            284159                             71000   94.99                        684           42.17     1YR                                        12/1/2011            6           3           1               3
     2503195825       2-4FAMILY                         4     OO        PURCHASE              N                              8.75                 8.75              487500                487500               2/1/2007              1/1/2037                  3554.69      360      75     NY                   2/1/2007        N                 650000                   1          3            3554.69                                                                               10462          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            650000                            162500     100                        741           49.58     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503195827       CONDO                             1     NOO       PURCHASE              N                             7.067                7.067              144742                144742               1/1/2007             12/1/2036                   852.41      360      75     FL                   2/1/2007        N                 260000                   1          3             852.41                                                                               33173          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            192990                             38598      95                        685           36.42     3YR                                        12/1/2011            6           3           1               3
     2503195828       CONDO                             1     NOO       PURCHASE              N                             12.44                12.44               38598              38577.88               1/1/2007             12/1/2021                   410.14      180      20     FL                   2/1/2007        Y                 260000                   2          0             410.14                                                                               33173          11/28/2006              2      TB0630_BALLOON                                   0            192990                                 0      95                        685           36.42     3YR                                                             0           0           0               0
     2503195845       SFR                               1     OO        REFI                  Y                              12.7                 12.7              111000             110945.39               1/1/2007             12/1/2021                  1201.91      180      20     CA                   2/1/2007        Y                 555000                   2          0            1201.91                                                                               92054          11/16/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        653           36.88     NO-PREPAY                                                       0           0           0               0
     2503195916       SFR                               1     OO        REFI                  N                             6.125                6.125              308000                308000               1/1/2007             12/1/2036                  1572.08      360      80     CA                   2/1/2007        N                 385000                   1          3            1572.08                                                                               92501          11/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             38500      90                        692           39.99     2YR                                        12/1/2011            6           3           1               3
     2503195926       CONDO                             1     NOO       REFI                  Y                              7.67                 7.67              118500                118500               1/1/2007             12/1/2036                   757.41      360      75     FL                   2/1/2007        N                 158000                   1          3             757.41                                                                               32811          11/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             31600      95                        689           38.26     2YR                                        12/1/2011            6           3           1               3
     2503195927       CONDO                             1     NOO       REFI                  Y                             12.74                12.74               31600               31584.6               1/1/2007             12/1/2021                   343.15      180      20     FL                   2/1/2007        Y                 158000                   2          0             343.15                                                                               32811          11/21/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        689           42.71     3YR                                                             0           0           0               0
     2503195929       HI-RISE                           1     2ND       PURCHASE              N                               6.5                  6.5              249650                249650               1/1/2007             12/1/2036                  1352.27      360   69.99     CA                   2/1/2007        N                 395000                   1          3            1352.27                                                                               92101          11/30/2006              2      PA0607EI_ARM-INTONLY                             0            356694                             89150   94.99                        772            41.4     NO-PREPAY                                  12/1/2013            6           3           1               3
     2503195957       SFR                               1     OO        PURCHASE              N                            11.725               11.725               80000               79951.1               1/1/2007             12/1/2021                      806      180      20     CA                   2/1/2007        Y                 400000                   2          0                806                                                                               90059          11/21/2006              2      TB1630_BALLOON                                   0            400000                                 0     100                        652           39.32     3YR                                                             0           0           0               0
     2503195974       SFR                               1     NOO       PURCHASE              N                            12.125               12.125              102500             102442.67               1/1/2007             12/1/2021                   1064.2      180      25     CA                   2/1/2007        Y                 410000                   2          0             1064.2                                                                               90280          11/30/2006              2      TB0630_BALLOON                                   0            410000                                 0      95                        794           43.06     NO-PREPAY                                                       0           0           0               0
     2503195975       SFR                               1     OO        REFI                  Y                               6.3                  6.3              316800                316800               1/1/2007             12/1/2036                   1663.2      360      88     CA                   2/1/2007        N                 360000                   1      3.875             1663.2                                                                               92405          11/30/2006              2      PA1405EI_ARM-INTONLY                            25                 0                                 0      88                        671           44.94     5YR                                        12/1/2011            6           3           1           3.875
     2503195983       SFR                               1     NOO       PURCHASE              N                             12.25                12.25               74700              74659.36               1/1/2007             12/1/2021                   782.78      180      15     MN                   2/1/2007        Y                 498000                   2          0             782.78                                                                               55378          11/17/2006              2      TB0630_BALLOON                                   0            498000                                 0      95                        683           35.01     NO-PREPAY                                                       0           0           0               0
     2503195998       CONDO                             1     NOO       PURCHASE              N                             11.99                11.99               54200              54168.76               1/1/2007             12/1/2021                   557.09      180   20.01     FL                   2/1/2007        Y                 293000                   2          0             557.09                                                                               33141          11/15/2006              2      TB0630_BALLOON                                   0            270864                                 0      95                        744           44.01     NO-PREPAY                                                       0           0           0               0
     2503196015       SFR                               1     OO        PURCHASE              N                             6.375                6.375              192500             192499.66               2/1/2007              1/1/2037                  1022.66      360      70     CA                   2/1/2007        N                 275000                   1          3            1022.66                                                                               92405          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            275000                             82500     100                        661           48.32     3YR                                         1/1/2012            6           3           1               3
     2503196026       SFR                               1     OO        REFI                  Y                                12                   12               58000              57966.63               1/1/2007             12/1/2021                    596.6      180   14.88     OR                   2/1/2007        Y                 390000                   2          0              596.6                                                                               97202          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0   94.88                        661           37.64     NO-PREPAY                                                       0           0           0               0
     2503196060       SFR                               1     NOO       PURCHASE              N                              7.07                 7.07              286160                286160               1/1/2007             12/1/2036                  1685.96      360      80     CA                   2/1/2007        N                 358000                   1      3.875            1685.96                                                                               95824           12/4/2006              2      PA1605EI_ARM-INTONLY                             0            357700                             35770      90                        657           33.08     1YR                                        12/1/2011            6           3           1           3.875
     2503196062       SFR                               1     OO        REFI                  N                              5.99                 5.99              440000             439999.33               1/1/2007             12/1/2036                  2196.33      360      80     CA                   2/1/2007        N                 550000                   1          3            2196.33                                                                               91335          11/20/2006              2      PA1603EI_ARM-INTONLY                             0                 0                            110000     100                        677           31.02     3YR                                        12/1/2009            6           3           1               3
     2503196063       SFR                               1     OO        REFI                  Y                            11.125               11.125              110000             109923.31               1/1/2007             12/1/2021                  1057.96      180      20     CA                   2/1/2007        Y                 550000                   2          0            1057.96                                                                               91335          11/20/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        677           31.02     3YR                                                             0           0           0               0
     2503196064       SFR                               1     NOO       PURCHASE              N                             13.25                13.25               35770              35754.46               1/1/2007             12/1/2021                   402.69      180      10     CA                   2/1/2007        Y                 358000                   2          0             402.69                                                                               95824           12/4/2006              2      TB1630_BALLOON                                   0            357700                                 0      90                        657           33.08     1YR                                                             0           0           0               0
     2503196091       CONDO                             1     NOO       PURCHASE              N                              6.99                 6.99              270000              269793.1               1/1/2007             12/1/2036                   1675.9      360      75     CA                   2/1/2007        Y                 360000                   1          3             1675.9                                                                               94582          11/28/2006              2      PL0605E_ARM-BALLOON                              0            360000                             72000      95                        711           39.19     1YR                                        12/1/2011            6           3           1               3
     2503196092       CONDO                             1     NOO       PURCHASE              N                             12.49                12.49               72000              71962.87               1/1/2007             12/1/2021                   767.87      180      20     CA                   2/1/2007        Y                 360000                   2          0             767.87                                                                               94582          11/28/2006              2      TB0630_BALLOON                                   0            360000                                 0      95                        711           39.19     1YR                                                             0           0           0               0
     2503196097       CONDO                             1     NOO       REFI                  N                               6.5                  6.5              141850             141532.85               1/1/2007             12/1/2036                   896.59      360   73.03     FL                   2/1/2007        N                 194241                   1          3             896.59                                                                               32903          11/29/2006              2      PA0605E_ARM                                      0                 0                                 0   73.03                        686           47.25     3YR                                        12/1/2011            6           3           1               3
     2503196099       CONDO                             1     OO        REFI                  Y                             6.875                6.875              247500                247500               2/1/2007              1/1/2037                  1417.97      360      75     CA                   2/1/2007        N                 330000                   1          3            1417.97                                                                               92701          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             82500     100                        692            42.6     3YR                                         1/1/2012            6           3           1               3
     2503196126       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              616000                616000               1/1/2007             12/1/2036                   3588.2      360      80     CA                   2/1/2007        N                 770000                   1          3             3588.2                                                                               91326          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            770000                            154000     100                        683           49.98     3YR                                        12/1/2011            6           3           1               3
     2503196200       SFR                               1     NOO       PURCHASE              N                              6.25                 6.25              294000                294000               1/1/2007             12/1/2036                  1531.25      360    73.5     WA                   2/1/2007        N                 400000                   1          3            1531.25                                                                               98118          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            435000                                 0    73.5                        676           28.66     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503196206       SFR                               1     OO        PURCHASE              N                             12.24                12.24              207500             207386.87               1/1/2007             12/1/2021                  2172.78      180      25     FL                   2/1/2007        Y                 850000                   2          0            2172.78                                                                               33176          11/22/2006              2      TB1630_BALLOON                                   0            830000                                 0     100                        651           41.92     3YR                                                             0           0           0               0
     2503196239       SFR                               1     OO        REFI                  N                              11.6                 11.6               97500              97438.75               1/1/2007             12/1/2021                   972.98      180      15     MI                   2/1/2007        Y                 650000                   2          0             972.98                                                                               48170           12/5/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        661           33.95     3YR                                                             0           0           0               0
     2503196242       D-PUDS                            1     OO        PURCHASE              N                             13.25                13.25               36000              35984.35               1/1/2007             12/1/2021                   405.28      180      20     GA                   2/1/2007        Y                 180000                   2          0             405.28                                                                               30110          11/16/2006              1      TB2630_BALLOON                                   0            180100                                 0     100                        621           48.37     NO-PREPAY                                                       0           0           0               0
     2503196246       HI-RISE                           1     OO        PURCHASE              N                               7.5                  7.5              200000                200000               1/1/2007             12/1/2036                     1250      360      80     FL                   2/1/2007        N                 250000                   1          3               1250                                                                               33126          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            250000                             50000     100                        647           41.03     5YR                                        12/1/2011            6           3           1               3
     2503196253       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              144750             144523.48               1/1/2007             12/1/2036                   987.45      360   79.98     FL                   2/1/2007        N                 181000                   1          3             987.45                                                                               33411          11/21/2006              2      PA1605E_ARM                                      0            180990                             36200   99.98                        655           34.89     3YR                                        12/1/2011            6           3           1               3
     2503196254       CONDO                             1     OO        PURCHASE              N                              13.2                 13.2               36200              36183.43               1/1/2007             12/1/2021                   406.11      180   20.01     FL                   2/1/2007        Y                 181000                   2          0             406.11                                                                               33411          11/21/2006              2      TB1630_BALLOON                                   0            180990                                 0   99.98                        655           34.89     NO-PREPAY                                                       0           0           0               0
     2503196255       D-PUDS                            1     NOO       PURCHASE              N                              7.48                 7.48              392000                389557               2/1/2007              1/1/2037                  2443.47      360      80     FL                   2/1/2007        N                 490000                   1          3            2443.47                                                                               32835          12/26/2006              2      PA0605EI_ARM-INTONLY                             0            490000                             73500      95                        743           42.14     3YR                                         1/1/2012            6           3           1               3
     2503196257       2-4FAMILY                         3     OO        PURCHASE              N                             7.875                7.875              316500                316500               2/1/2007              1/1/2037                  2077.03      360      75     NJ                   2/1/2007        N                 450000                   1          3            2077.03                                                                               07029          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            422000                            105500     100                        641           42.75     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503196258       2-4FAMILY                         3     OO        PURCHASE              N                              13.5                 13.5              105500             105478.46               2/1/2007              1/1/2022                  1208.41      180      25     NJ                   2/1/2007        Y                 450000                   2          0            1208.41                                                                               07029          12/19/2006              2      TB1630_BALLOON                                   0            422000                                 0     100                        641           42.75     NO-PREPAY                                                       0           0           0               0
     2503196263       D-PUDS                            1     NOO       PURCHASE              N                             11.54                11.54               73500              73476.72               2/1/2007              1/1/2022                   730.11      180      15     FL                   2/1/2007        Y                 490000                   2          0             730.11                                                                               32835          12/26/2006              2      TB0630_BALLOON                                   0            490000                                 0      95                        743           42.14     3YR                                                             0           0           0               0
     2503196265       SFR                               1     OO        PURCHASE              N                             6.875                6.875              264000             263468.44               1/1/2007             12/1/2036                  1734.29      360      80     IL                   2/1/2007        N                 332000                   1          3            1734.29                                                                               60638          11/30/2006              1      PA1605E_ARM                                      0            330000                             66000     100                        666           48.22     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503196273       SFR                               1     NOO       REFI                  N                              7.99                 7.99              420000                420000               1/1/2007             12/1/2036                   2796.5      360      80     CA                   2/1/2007        N                 525000                   1          3             2796.5                                                                               94553          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             52500      90                        643           45.18     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503196274       SFR                               1     NOO       REFI                  Y                            13.925               13.925               52500              52480.45               1/1/2007             12/1/2021                   618.94      180      10     CA                   2/1/2007        Y                 525000                   2          0             618.94                                                                               94553          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        643           45.18     NO-PREPAY                                                       0           0           0               0
     2503196276       D-PUDS                            1     2ND       PURCHASE              N                             12.99                12.99               40500              40481.34               1/1/2007             12/1/2021                   447.69      180   15.01     GA                   2/1/2007        Y                 270000                   2          0             447.69                                                                               30019          11/22/2006              2      TB1630_BALLOON                                   0            269900                                 0      95                        659           41.73     NO-PREPAY                                                       0           0           0               0
     2503196280       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              165750                165528               1/1/2007             12/1/2036                   932.34      360      70     FL                   2/1/2007        N                 236811                   1          3             932.34                                                                               32164          11/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        707           47.41     3YR                                        12/1/2011            6           3           1               3
     2503196322       SFR                               1     OO        PURCHASE              N                             6.685                6.685             1500000               1498692               2/1/2007              1/1/2037                  9664.25      360      75     OH                   2/1/2007        N                2000000                   1          3            9664.25                                                                               44040          12/13/2006              2      PA1605E_ARM                                      0           2400000                                 0      75                        650           42.82     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503196364       SFR                               1     OO        PURCHASE              N                              12.1                 12.1               57000              56967.94               1/1/2007             12/1/2021                    590.7      180      20     MD                   2/1/2007        Y                 285000                   2          0              590.7                                                                               20781          11/20/2006              2      TB1630_BALLOON                                   0            285000                                 0     100                        660           39.05     NO-PREPAY                                                       0           0           0               0
     2503196386       CONDO                             1     NOO       PURCHASE              N                             12.34                12.34               35950              35930.84               1/1/2007             12/1/2021                   379.22      180   19.99     FL                   2/1/2007        Y                 182000                   2          0             379.22                                                                               33063          11/20/2006              2      TB0630_BALLOON                                   0            179900                                 0   94.97                        745           38.47     1YR                                                             0           0           0               0
     2503196392       SFR                               1     OO        PURCHASE              N                             6.375                6.375              492000                492000               1/1/2007             12/1/2036                  2613.75      360      80     CA                   2/1/2007        N                 615000                   1          3            2613.75                                                                               92555          11/22/2006              2      PA0605EI_ARM-INTONLY                             0            615000                            123000     100                        693           33.97     3YR                                        12/1/2011            6           3           1               3
     2503196394       SFR                               1     OO        REFI                  Y                              5.99                 5.99              347000                347000               1/1/2007             12/1/2036                  1732.11      360   77.98     CA                   2/1/2007        N                 445000                   1          3            1732.11                                                                               91733          11/28/2006             17      PA2607EI_ARM-INTONLY                             0                 0                                 0   77.98                        639           35.22     3YR                                        12/1/2013            6           3           1               3
     2503196448       D-PUDS                            1     NOO       REFI                  N                              5.75                 5.75              203000                203000               1/1/2007             12/1/2036                   972.71      360      70     NV                   2/1/2007        N                 290000                   1      3.875             972.71                                                                               89032           12/1/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             43500      85                        688           34.64     3YR                                        12/1/2011            6           3           1           3.875
     2503196449       D-PUDS                            1     NOO       REFI                  N                            12.925               12.925               43500              43479.65               1/1/2007             12/1/2021                   478.65      180      15     NV                   2/1/2007        Y                 290000                   2          0             478.65                                                                               89032           12/1/2006              2      TB0630_BALLOON                                   0                 0                                 0      85                        688           34.64     NO-PREPAY                                                       0           0           0               0
     2503196462       2-4FAMILY                         2     NOO       PURCHASE              N                              12.5                 12.5              118000              117939.3               1/1/2007             12/1/2021                  1259.36      180      20     IL                   2/1/2007        Y                 591000                   2          0            1259.36                                                                               60618          11/30/2006              2      TB1630_BALLOON                                   0            590000                                 0      95                        679           39.66     NO-PREPAY                                                       0           0           0               0
     2503196466       SFR                               1     OO        REFI                  Y                               5.7                  5.7              307000                307000               1/1/2007             12/1/2036                  1458.25      360   59.39     CA                   2/1/2007        N                 517000                   1          3            1458.25                                                                               90805           12/5/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   59.39                        709           36.23     2YR                                        12/1/2011            6           3           1               3
     2503196467       SFR                               1     OO        PURCHASE              N                              12.5                 12.5              151250             151211.29               2/1/2007              1/1/2022                  1614.23      180      25     CA                   2/1/2007        Y                 605000                   2          0            1614.23                                                                               92505           12/7/2006              2      TB1630_BALLOON                                   0            605000                                 0     100                        645           42.06     2YR                                                             0           0           0               0
     2503196476       2-4FAMILY                         2     OO        REFI                  Y                             6.875                6.875              608000                608000               1/1/2007             12/1/2036                  3483.33      360      80     CA                   2/1/2007        N                 760000                   1          3            3483.33                                                                               90755           12/5/2006              7      SA0605EI_ARM-INTONLY                             0                 0                             75900   89.99                        703               0     3YR                                        12/1/2011            6           3           1               3
     2503196504       SFR                               1     OO        REFI                  Y                              6.25                 6.25              570000                570000               1/1/2007             12/1/2036                  2968.75      360      75     CA                   2/1/2007        N                 760000                   1          3            2968.75                                                                               92562          11/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            114000      90                        685           42.88     2YR                                        12/1/2011            6           3           1               3
     2503196516       SFR                               1     OO        REFI                  Y                              6.99                 6.99              104250                104250               2/1/2007              1/1/2037                   607.26      360      75     CO                   2/1/2007        N                 139000                   1          3             607.26                                                                               80223          12/11/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             34750     100                        643           46.47     3YR                                         1/1/2012            5           3           1               3
     2503196527       SFR                               1     OO        REFI                  Y                              6.25                 6.25              487500                487500               1/1/2007             12/1/2036                  2539.06      360      75     CA                   2/1/2007        N                 650000                   1          3            2539.06                                                                               92019          11/30/2006              2      PA2605EI_ARM-INTONLY                             0                 0                             97500      90                        626           41.87     3YR                                        12/1/2011            6           3           1               3
     2503196528       SFR                               1     OO        REFI                  N                              12.4                 12.4               97500               97448.7               1/1/2007             12/1/2021                  1033.02      180      15     CA                   2/1/2007        Y                 650000                   2          0            1033.02                                                                               92019          11/30/2006              2      TB2630_BALLOON                                   0                 0                                 0      90                        626           41.87     1YR                                                             0           0           0               0
     2503196584       D-PUDS                            1     OO        REFI                  N                               6.5                  6.5              352500             352181.34               2/1/2007              1/1/2037                  2228.04      360      75     IL                   2/1/2007        N                 470000                   1          3            2228.04                                                                               60154          12/19/2006              2      PA0605E_ARM                                      0                 0                            117500     100                        682           46.77     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503196602       SFR                               1     OO        REFI                  Y                               7.5                  7.5              173000             172871.61               2/1/2007              1/1/2037                  1209.64      360   79.73     FL                   2/1/2007        N                 217000                   1          3            1209.64                                                                               34689          12/15/2006              8      SA1605E_ARM                                      0                 0                                 0   79.73                        640               0     3YR                                         1/1/2012            6           3           1               3
     2503196605       SFR                               1     NOO       PURCHASE              N                             12.45                12.45               87500              87454.47               1/1/2007             12/1/2021                   930.46      180      25     CA                   2/1/2007        Y                 439000                   2          0             930.46                                                                               92553          11/30/2006              2      TB0630_BALLOON                                   0            350000                                 0      95                        770           23.58     NO-PREPAY                                                       0           0           0               0
     2503196608       2-4FAMILY                         4     NOO       PURCHASE              N                              7.25                 7.25              101250                101250               2/1/2007              1/1/2037                   611.72      360      75     IL                   2/1/2007        N                 165000                   1          3             611.72                                                                               60628          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            135000                             20250      90                        686           52.76     2YR                                         1/1/2012            6           3           1               3
     2503196636       SFR                               1     OO        PURCHASE              N                              12.6                 12.6               52900              52886.76               2/1/2007              1/1/2022                   568.69      180   19.97     NJ                   2/1/2007        Y                 270000                   2          0             568.69                                                                               08080           12/1/2006              2      TB1630_BALLOON                                   0            264948                                 0   99.95                        658           41.77     NO-PREPAY                                                       0           0           0               0
     2503196640       2-4FAMILY                         2     OO        REFI                  Y                               7.9                  7.9              211000             210999.21               1/1/2007             12/1/2036                  1389.08      360   79.63     IL                   2/1/2007        N                 265000                   1          3            1389.08                                                                               60608          11/22/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.63                        657           40.66     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503196648       SFR                               1     OO        REFI                  N                              6.99                 6.99              142500                142500               2/1/2007              1/1/2037                   830.06      360   72.34     CO                   2/1/2007        N                 197000                   1          3             830.06                                                                               80239          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             49250   97.34                        654           41.65     3YR                                         1/1/2012            5           3           1               3
     2503196654       SFR                               1     OO        REFI                  N                              6.75                 6.75              356000             355708.28               1/1/2007             12/1/2036                  2147.95      360      80     CA                   2/1/2007        Y                 445000                   1          3            2147.95                                                                               92371          11/28/2006              2      PL1605E_ARM-BALLOON                              0                 0                             44500      90                        651           40.22     3YR                                        12/1/2011            6           3           1               3
     2503196655       SFR                               1     OO        REFI                  Y                              11.5                 11.5               44500              44471.42               1/1/2007             12/1/2021                   440.68      180      10     CA                   2/1/2007        Y                 445000                   2          0             440.68                                                                               92371          11/28/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        651           42.34     3YR                                                             0           0           0               0
     2503196656       D-PUDS                            1     NOO       REFI                  N                               7.1                  7.1              405000                405000               2/1/2007              1/1/2037                  2396.25      360      75     MD                   2/1/2007        N                 540000                   1          3            2396.25                                                                               20602          12/14/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            108000      95                        661            31.8     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503196672       D-PUDS                            1     NOO       REFI                  Y                              13.5                 13.5              108000             107977.95               2/1/2007              1/1/2022                  1237.05      180      20     MD                   2/1/2007        Y                 540000                   2          0            1237.05                                                                               20602          12/14/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        661           35.49     NO-PREPAY                                                       0           0           0               0
     2503196677       CONDO                             1     NOO       REFI                  Y                             6.875                6.875               90000              89924.39               2/1/2007              1/1/2037                   591.24      360      75     FL                   2/1/2007        N                 120000                   1          3             591.24                                                                               33445          12/18/2006              2      PA1605E_ARM                                      0                 0                             24000      95                        668            40.9     3YR                                         1/1/2012            6           3           1               3
     2503196678       CONDO                             1     NOO       REFI                  Y                             13.85                13.85               24000              23995.48               2/1/2007              1/1/2022                   281.52      180      20     FL                   2/1/2007        Y                 120000                   2          0             281.52                                                                               33445          12/18/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        668            40.9     NO-PREPAY                                                       0           0           0               0
     2503196722       SFR                               1     OO        REFI                  Y                               6.5                  6.5              414400                414400               1/1/2007             12/1/2036                  2244.67      360      80     CA                   2/1/2007        N                 518000                   1          3            2244.67                                                                               90262          11/27/2006             17      PA2607EI_ARM-INTONLY                             0                 0                                 0      80                        635           42.64     3YR                                        12/1/2013            6           3           1               3
     2503196740       SFR                               1     OO        REFI                  N                               5.5                  5.5              444500                444500               2/1/2007              1/1/2037                  2037.29      360      70     CA                   2/1/2007        N                 635000                   1          3            2037.29                                                                               93422          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        722           36.84     3YR                                         1/1/2012            6           3           1               3
     2503196750       SFR                               1     OO        REFI                  N                              6.75                 6.75              307500             307235.25               2/1/2007              1/1/2037                  1994.44      360   69.89     FL                   2/1/2007        N                 440000                   1          0            1994.44                                                                               33176          12/18/2006             17      PF2630_FIXEDRATE                                 0                 0                                 0   69.89                        628           40.41     5YR                                                             0           0           0               0
     2503196754       SFR                               1     NOO       REFI                  Y                                12                   12               50000              49971.24               1/1/2007             12/1/2021                   514.31      180      20     FL                   2/1/2007        Y                 250000                   2          0             514.31                                                                               33033          11/27/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        729           42.68     2YR                                                             0           0           0               0
     2503196762       SFR                               1     NOO       PURCHASE              N                            12.525               12.525               44250              44227.36               1/1/2007             12/1/2021                   473.12      180      15     CA                   2/1/2007        Y                 295000                   2          0             473.12                                                                               92346          11/30/2006              2      TB0630_BALLOON                                   0            295000                                 0      95                        762           29.21     NO-PREPAY                                                       0           0           0               0
     2503196776       SFR                               1     OO        REFI                  Y                              6.25                 6.25              135500             135372.55               1/1/2007             12/1/2036                   769.29      360   73.25     AZ                   2/1/2007        Y                 185000                   1          3             769.29                                                                               85223          11/29/2006              2      PL2605E_ARM-BALLOON                              0                 0                                 0   73.25                        622           41.38     3YR                                        12/1/2011            6           3           1               3
     2503196779       SFR                               1     OO        REFI                  N                              6.75                 6.75              285000                285000               1/1/2007             12/1/2036                  1603.13      360   74.22     CA                   2/1/2007        N                 384000                   1          3            1603.13                                                                               92583          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             57000   89.07                        659           46.98     2YR                                        12/1/2011            6           3           1               3
     2503196782       SFR                               1     OO        REFI                  Y                             12.65                12.65               57000              56971.65               1/1/2007             12/1/2021                   614.98      180   14.85     CA                   2/1/2007        Y                 384000                   2          0             614.98                                                                               92583          11/30/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.07                        659           46.98     NO-PREPAY                                                       0           0           0               0
     2503196829       CONDO                             1     OO        PURCHASE              N                             11.75                11.75              141750             140799.66               1/1/2007             12/1/2021                  1430.84      180      25     CA                   2/1/2007        Y                 600000                   2          0            1430.84                                                                               90278          11/30/2006              2      TB1630_BALLOON                                   0            567000                                 0     100                        643           39.08     3YR                                                             0           0           0               0
     2503196851       D-PUDS                            1     OO        REFI                  Y                             5.875                5.875              145000                145000               2/1/2007              1/1/2037                    709.9      360   78.38     FL                   2/1/2007        N                 185000                   1          3              709.9                                                                               34759           12/6/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   78.38                        681           43.77     3YR                                         1/1/2012            6           3           1               3
     2503196859       SFR                               1     OO        REFI                  N                              6.55                 6.55              352500                352500               1/1/2007             12/1/2036                  1924.06      360      75     CA                   2/1/2007        N                 470000                   1          3            1924.06                                                                               92114          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             70500      90                        645           44.52     3YR                                        12/1/2011            6           3           1               3
     2503196860       SFR                               1     OO        REFI                  Y                              11.7                 11.7               70500              70456.68               1/1/2007             12/1/2021                   708.93      180      15     CA                   2/1/2007        Y                 470000                   2          0             708.93                                                                               92114          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        645           44.52     3YR                                                             0           0           0               0
     2503196920       2-4FAMILY                         2     NOO       PURCHASE              N                                13                   13              122000             121943.91               1/1/2007             12/1/2021                  1349.56      180      20     NY                   2/1/2007        Y                 610000                   2          0            1349.56                                                                               11435          11/29/2006              2      TB0630_BALLOON                                   0            610000                                 0      95                        782           38.21     NO-PREPAY                                                       0           0           0               0
     2503196930       SFR                               1     OO        PURCHASE              N                             6.625                6.625              536000                536000               2/1/2007              1/1/2037                  2959.17      360      80     CA                   2/1/2007        N                 670000                   1          3            2959.17                                                                               94518          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            670000                            134000     100                        718           48.18     3YR                                         1/1/2012            6           3           1               3
     2503196932       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              470000             469595.34               2/1/2007              1/1/2037                  3048.41      360   67.15     CA                   2/1/2007        N                 700000                   1          3            3048.41                                                                               91307          12/18/2006             17      PA1605E_ARM                                      0                 0                                 0   67.15                        673           32.76     3YR                                         1/1/2012            6           3           1               3
     2503196986       SFR                               1     OO        REFI                  Y                               6.7                  6.7              322240                322240               2/1/2007              1/1/2037                  1799.17      360      80     HI                   2/1/2007        N                 402800                   1      3.875            1799.17                                                                               96720          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             40280      90                        649            39.3     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503196997       SFR                               1     NOO       PURCHASE              N                               6.5                  6.5              231000                231000               1/1/2007             12/1/2036                  1251.25      360      70     CA                   2/1/2007        N                 330000                   1          3            1251.25                                                                               95820          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            330000                             82500      95                        643           38.33     1YR                                        12/1/2011            6           3           1               3
     2503197005       SFR                               1     NOO       PURCHASE              N                              13.7                 13.7               82500              82467.65               1/1/2007             12/1/2021                   957.96      180      25     CA                   2/1/2007        Y                 330000                   2          0             957.96                                                                               95820          11/30/2006              2      TB1630_BALLOON                                   0            330000                                 0      95                        643           38.33     1YR                                                             0           0           0               0
     2503197016       SFR                               1     NOO       PURCHASE              N                              12.9                 12.9               21000              20990.13               1/1/2007             12/1/2021                   230.66      180      10     CA                   2/1/2007        Y                 210000                   2          0             230.66                                                                               95815          11/15/2006              2      TB1630_BALLOON                                   0            210000                                 0      90                        664            49.2     3YR                                                             0           0           0               0
     2503197026       CONDO                             1     OO        PURCHASE              N                              7.28                 7.28              355200                355200               2/1/2007              1/1/2037                  2154.88      360      80     CA                   2/1/2007        N                 445000                   1          3            2154.88                                                                               91367          12/15/2006              2      PA1605EI_ARM-INTONLY                             0            444000                             88800     100                        653           44.69     3YR                                         1/1/2012            6           3           1               3
     2503197045       CONDO                             1     NOO       PURCHASE              N                               8.7                  8.7              140000                140000               2/1/2007              1/1/2037                     1015      360      80     IL                   2/1/2007        N                 180000                   1          3               1015                                                                               60621           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            175000                             26250      95                        691           41.36     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197053       CONDO                             1     NOO       PURCHASE              N                              10.5                 10.5              274500             274280.88               1/1/2007             12/1/2036                  2401.87      360      90     CA                   2/1/2007        N                 305000                   1          5            2401.87                                                                               92111           12/6/2006              7      EA0605EI_ARM-INTONLY                            25            305000                                 0      90                        683               0     3YR                                        12/1/2011            6           3           1               5
     2503197055       CONDO                             1     2ND       PURCHASE              N                              9.95                 9.95              274500                274500               1/1/2007             12/1/2036                  2276.06      360      90     CA                   2/1/2007        N                 305000                   1        4.5            2276.06                                                                               92111           12/6/2006              7      EA1605EI_ARM-INTONLY                            25            305000                                 0      90                        678               0     3YR                                        12/1/2011            6           3           1             4.5
     2503197066       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              329600                329600               1/1/2007             12/1/2036                  1785.33      360      80     HI                   2/1/2007        N                 412000                   1          3            1785.33                                                                               96792          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            412000                             82400     100                        670           47.37     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197068       SFR                               1     OO        REFI                  Y                             5.875                5.875              850000             849133.39               2/1/2007              1/1/2037                  5028.07      360   62.97     HI                   2/1/2007        N                1350000                   1          0            5028.07                                                                               96761           12/7/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   62.97                        749            33.6     NO-PREPAY                                                       0           0           0               0
     2503197093       SFR                               1     2ND       REFI                  Y                            12.625               12.625               98000              97950.97               1/1/2007             12/1/2021                  1055.43      180      20     CA                   2/1/2007        Y                 490000                   2          0            1055.43                                                                               92114          11/28/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        648           27.67     3YR                                                             0           0           0               0
     2503197157       SFR                               1     OO        REFI                  Y                             11.99                11.99              165000              164904.9               1/1/2007             12/1/2021                  1695.94      180      15     HI                   2/1/2007        Y                1100000                   2          0            1695.94                                                                               96821          11/20/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        647           43.98     NO-PREPAY                                                       0           0           0               0
     2503197162       HI-RISE                           1     OO        PURCHASE              N                             13.65                13.65               50000              49980.17               1/1/2007             12/1/2021                   578.61      180      20     FL                   2/1/2007        Y                 250000                   2          0             578.61                                                                               33126          11/30/2006              2      TB1630_BALLOON                                   0            250000                                 0     100                        647           41.03     NO-PREPAY                                                       0           0           0               0
     2503197195       SFR                               1     OO        PURCHASE              N                             7.125                7.125              360000                360000               2/1/2007              1/1/2037                   2137.5      360      80     FL                   2/1/2007        N                 460000                   1      3.875             2137.5                                                                               33165           12/5/2006              2      PA0605EI_ARM-INTONLY                             0            450000                             90000     100                        680           46.26     2YR                                         1/1/2012            6           3           1           3.875
     2503197198       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              240000             239816.09               1/1/2007             12/1/2036                  1489.69      360      80     CT                   2/1/2007        Y                 300000                   1          4            1489.69                                                                               06604          11/27/2006              2      PL1605E_ARM-BALLOON                              0            300000                             60000     100                        644           40.37     3YR                                        12/1/2011            6           3           1               4
     2503197199       SFR                               1     OO        PURCHASE              N                              12.5                 12.5               60000              59969.14               1/1/2007             12/1/2021                   640.35      180      20     CT                   2/1/2007        Y                 300000                   2          0             640.35                                                                               06604          11/27/2006              2      TB1630_BALLOON                                   0            300000                                 0     100                        644           41.56     3YR                                                             0           0           0               0
     2503197204       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              130000             129886.25               2/1/2007              1/1/2037                   843.18      360   41.94     CA                   2/1/2007        N                 310000                   1          0             843.18                                                                               93535          12/27/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   41.94                        701           33.96     NO-PREPAY                                                       0           0           0               0
     2503197222       SFR                               1     NOO       REFI                  Y                              7.31                 7.31              427500                427500               1/1/2007             12/1/2036                  2604.19      360      75     CA                   2/1/2007        N                 570000                   1          3            2604.19                                                                               90638          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            114000      95                        656           44.47     2YR                                        12/1/2011            6           3           1               3
     2503197223       SFR                               1     NOO       REFI                  Y                             13.74                13.74              114000             113955.69               1/1/2007             12/1/2021                  1327.33      180      20     CA                   2/1/2007        Y                 570000                   2          0            1327.33                                                                               90638          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        656           44.47     2YR                                                             0           0           0               0
     2503197232       D-PUDS                            1     NOO       REFI                  N                             6.125                6.125              193000                193000               2/1/2007              1/1/2037                    985.1      360   59.39     AZ                   2/1/2007        N                 325000                   1          3              985.1                                                                               85249          12/26/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0   59.39                        667           21.49     3YR                                         1/1/2012            6           3           1               3
     2503197254       SFR                               1     OO        REFI                  Y                             11.75                11.75               43500              43473.57               1/1/2007             12/1/2021                   439.09      180    9.85     MD                   2/1/2007        Y                 442000                   2          0             439.09                                                                               20906          11/28/2006              2      TB1630_BALLOON                                   0                 0                                 0   84.85                        646           44.71     NO-PREPAY                                                       0           0           0               0
     2503197255       SFR                               1     OO        REFI                  Y                            11.215               11.215              254000             253826.35               1/1/2007             12/1/2021                  2460.26      180   19.54     CA                   2/1/2007        Y                1300000                   2          0            2460.26                                                                               94939          11/30/2006              2      TB1630_BALLOON                                   0                 0                                 0   80.31                        662           45.77     3YR                                                             0           0           0               0
     2503197275       SFR                               1     OO        REFI                  N                               6.4                  6.4              224000                224000               2/1/2007              1/1/2037                  1194.67      360      80     NV                   2/1/2007        N                 280000                   1          3            1194.67                                                                               89129          12/11/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             56000     100                        742           28.24     3YR                                         1/1/2012            6           3           1               3
     2503197294       SFR                               1     OO        PURCHASE              N                              7.67                 7.67              168750                168750               2/1/2007              1/1/2037                  1078.59      360      75     IL                   2/1/2007        N                 230000                   1          3            1078.59                                                                               60155          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            225000                             56250     100                        715           43.43     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197296       SFR                               1     OO        REFI                  N                              6.45                 6.45              528500                528500               2/1/2007              1/1/2037                  2840.69      360      70     CA                   2/1/2007        N                 755000                   1          0            2840.69                                                                               94560          12/27/2006              2      PF2630I_FIX-INTONLY                              0                 0                                 0      70                        632           41.55     3YR                                                             0           0           0               0
     2503197309       SFR                               1     OO        REFI                  Y                              5.58                 5.58              280000                280000               1/1/2007             12/1/2036                     1302      360      70     CA                   2/1/2007        N                 400000                   1      3.875               1302                                                                               92021           12/4/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0      70                        728           47.12     3YR                                        12/1/2013            6           3           1           3.875
     2503197311       SFR                               1     OO        REFI                  Y                             6.125                6.125              595000             594923.89               1/1/2007             12/1/2036                  3036.98      360   72.13     CA                   2/1/2007        N                 825000                   1          3            3036.98                                                                               92881          11/30/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0   72.13                        672           43.74     3YR                                        12/1/2011            6           3           1               3
     2503197351       SFR                               1     OO        REFI                  Y                             6.375                6.375              197000                197000               1/1/2007             12/1/2036                  1046.56      360   70.36     CA                   2/1/2007        N                 280000                   1          3            1046.56                                                                               93618          11/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   70.36                        676           27.28     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197359       SFR                               1     OO        REFI                  N                               6.6                  6.6              416000                416000               1/1/2007             12/1/2036                     2288      360      80     CA                   2/1/2007        N                 520000                   1          3               2288                                                                               94513          11/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            104000     100                        687           44.79     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197369       SFR                               1     OO        REFI                  Y                             5.625                5.625              548000                548000               1/1/2007             12/1/2036                  2568.75      360      80     CA                   2/1/2007        N                 685000                   1          3            2568.75                                                                               93927          11/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        768           42.05     1YR                                        12/1/2011            6           3           1               3
     2503197385       CONDO                             1     NOO       PURCHASE              N                              6.95                 6.95              118650                118650               3/1/2007              2/1/2037                   687.18      360      70     AZ                   2/1/2007        N                 169500                   1          3             687.18                                                                               85251            1/5/2007              2      PA0605EI_ARM-INTONLY                             0            169500                             42375      95                        692           46.91     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503197396       CONDO                             1     OO        PURCHASE              N                              6.65                 6.65              140400                140400               1/1/2007             12/1/2036                   778.05      360      80     WA                   2/1/2007        N                 175500                   1      3.875             778.05                                                                               98058           12/1/2006              2      PA0605EI_ARM-INTONLY                             0            175500                             35100     100                        684            37.1     2YR                                        12/1/2011            6           3           1           3.875
     2503197409       CONDO                             1     NOO       REFI                  N                             11.75                11.75               35000              34978.02               1/1/2007             12/1/2021                   353.29      180      20     CO                   2/1/2007        Y                 175000                   2          0             353.29                                                                               80133          11/29/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        701           42.61     3YR                                                             0           0           0               0
     2503197412       SFR                               1     OO        PURCHASE              N                               6.2                  6.2              322500             322416.69               1/1/2007             12/1/2036                  1666.25      360      75     CA                   2/1/2007        N                 460000                   1       2.75            1666.25                                                                               93635           12/4/2006              2      PA0605EI_ARM-INTONLY                             0            430000                            107500     100                        725           41.81     NO-PREPAY                                  12/1/2011            6           3           1            2.75
     2503197443       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              188000                188000               1/1/2007             12/1/2036                  1018.33      360      80     VA                   2/1/2007        N                 240000                   1          4            1018.33                                                                               22407          11/30/2006              2      PA1605EI_ARM-INTONLY                             0            235000                             47000     100                        654           31.79     3YR                                        12/1/2011            6           3           1               4
     2503197444       SFR                               1     OO        REFI                  N                              5.77                 5.77              534000             532886.49               1/1/2007             12/1/2036                  3123.07      360   48.11     WA                   2/1/2007        N                1110000                   1          0            3123.07                                                                               98004          11/28/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   48.11                        760           53.14     3YR                                                             0           0           0               0
     2503197445       SFR                               1     OO        PURCHASE              N                              12.7                 12.7               47000              46976.87               1/1/2007             12/1/2021                   508.92      180      20     VA                   2/1/2007        Y                 240000                   2          0             508.92                                                                               22407          11/30/2006              2      TB1630_BALLOON                                   0            235000                                 0     100                        654           31.79     NO-PREPAY                                                       0           0           0               0
     2503197466       SFR                               1     OO        PURCHASE              N                             7.375                7.375              122000                122000               2/1/2007              1/1/2037                   749.79      360      80     MD                   2/1/2007        N                 195000                   1          3             749.79                                                                               21206           12/1/2006              2      PA1605EI_ARM-INTONLY                             0            152500                             30500     100                        676           13.15     1YR                                         1/1/2012            6           3           1               3
     2503197502       CONDO                             1     OO        PURCHASE              N                               6.3                  6.3              200925             200736.19               2/1/2007              1/1/2037                  1243.67      360      75     FL                   2/1/2007        N                 267900                   1          3            1243.67                                                                               33166          12/14/2006              1      PA2605E_ARM                                      0            267900                             66975     100                        625           43.05     2YR                                         1/1/2012            6           3           1               3
     2503197503       CONDO                             1     OO        PURCHASE              N                             12.49                12.49               66975              66957.82               2/1/2007              1/1/2022                   714.28      180      25     FL                   2/1/2007        Y                 267900                   2          0             714.28                                                                               33166          12/14/2006              1      TB2630_BALLOON                                   0            267900                                 0     100                        625           43.05     3YR                                                             0           0           0               0
     2503197519       SFR                               1     2ND       REFI                  Y                              7.75                 7.75              160000                160000               1/1/2007             12/1/2036                  1033.33      360      80     WA                   2/1/2007        N                 200000                   1          3            1033.33                                                                               98407           12/4/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        646            43.4     2YR                                        12/1/2011            6           3           1               3
     2503197525       D-PUDS                            1     OO        REFI                  N                               8.2                  8.2              248000                248000               1/1/2007             12/1/2036                  1694.67      360      80     IL                   2/1/2007        N                 310000                   1          3            1694.67                                                                               60560           12/1/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             59500    99.2                        699           42.29     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197547       SFR                               1     OO        REFI                  Y                              6.55                 6.55              275600                275600               2/1/2007              1/1/2037                  1504.32      360   74.09     CA                   2/1/2007        N                 372000                   1      3.875            1504.32                                                                               95207          12/15/2006              2      PA0607EI_ARM-INTONLY                             0                 0                             74400   94.09                        704           46.82     1YR                                         1/1/2014            6           3           1           3.875
     2503197570       SFR                               1     OO        PURCHASE              N                               6.8                  6.8              284000                284000               2/1/2007              1/1/2037                  1609.33      360      80     CA                   2/1/2007        N                 355000                   1          3            1609.33                                                                               92503          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            355000                             71000     100                        694           40.69     3YR                                         1/1/2012            6           3           1               3
     2503197584       D-PUDS                            1     OO        PURCHASE              N                             6.675                6.675              472500                472500               1/1/2007             12/1/2036                  2628.28      360      75     AZ                   2/1/2007        N                 630000                   1          3            2628.28                                                                               85086          11/27/2006              2      PA1605EI_ARM-INTONLY                             0            630000                            157500     100                        673           44.07     1YR                                        12/1/2011            6           3           1               3
     2503197585       D-PUDS                            1     OO        PURCHASE              N                             11.85                11.85              157500             157406.36               1/1/2007             12/1/2021                   1601.9      180      25     AZ                   2/1/2007        Y                 630000                   2          0             1601.9                                                                               85086          11/27/2006              2      TB1630_BALLOON                                   0            630000                                 0     100                        673           44.07     1YR                                                             0           0           0               0
     2503197648       CONDO                             1     NOO       PURCHASE              N                               6.6                  6.6              241500                241500               2/1/2007              1/1/2037                  1328.25      360      70     CA                   2/1/2007        N                 345000                   1          3            1328.25                                                                               92116          12/18/2006              2      PA1605EI_ARM-INTONLY                             0            345000                             86250      95                        678           38.53     2YR                                         1/1/2012            6           3           1               3
     2503197655       CONDO                             1     NOO       PURCHASE              N                             13.44                13.44               86250              86232.15               2/1/2007              1/1/2022                   983.85      180      25     CA                   2/1/2007        Y                 345000                   2          0             983.85                                                                               92116          12/18/2006              2      TB1630_BALLOON                                   0            345000                                 0      95                        678           38.53     NO-PREPAY                                                       0           0           0               0
     2503197659       SFR                               1     OO        PURCHASE              N                             6.875                6.875              400000                400000               1/1/2007             12/1/2036                  2291.67      360      80     CA                   2/1/2007        N                 500000                   1          3            2291.67                                                                               95757          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            500000                            100000     100                        703           30.85     1YR                                        12/1/2011            6           3           1               3
     2503197668       CONDO                             1     OO        PURCHASE              N                              7.25                 7.25              126350                126350               2/1/2007              1/1/2037                   763.36      360   79.98     FL                   2/1/2007        N                 166500                   1          3             763.36                                                                               33411          12/12/2006              2      PA1605EI_ARM-INTONLY                             0            157990                             31600   99.98                        676            27.5     3YR                                         1/1/2012            6           3           1               3
     2503197678       SFR                               1     NOO       PURCHASE              N                              7.49                 7.49              600000                600000               2/1/2007              1/1/2037                     3745      360      80     WA                   2/1/2007        N                 750000                   1          3               3745                                                                               98056          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            750000                            112500      95                        653           48.34     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197679       SFR                               1     NOO       PURCHASE              N                            14.395               14.395              112500              112481.3               2/1/2007              1/1/2037                  1368.23      360      15     WA                   2/1/2007        N                 750000                   2          0            1368.23                                                                               98056          12/27/2006              2      TF1630_FIXEDRATE                                 0            750000                                 0      95                        653           48.34     NO-PREPAY                                                       0           0           0               0
     2503197705       SFR                               1     OO        REFI                  N                              7.65                 7.65              520000                520000               1/1/2007             12/1/2036                     3315      360      80     CA                   2/1/2007        N                 650000                   1          3               3315                                                                               94565          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            130000     100                        660           45.79     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197706       SFR                               1     OO        REFI                  N                              12.5                 12.5              130000             129933.11               1/1/2007             12/1/2021                  1387.44      180      20     CA                   2/1/2007        Y                 650000                   2          0            1387.44                                                                               94565          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        656           45.79     NO-PREPAY                                                       0           0           0               0
     2503197718       SFR                               1     OO        PURCHASE              N                             5.875                5.875              615000             613742.89               1/1/2007             12/1/2036                  3637.96      360   62.13     CA                   2/1/2007        N                 990000                   1          3            3637.96                                                                               91302           12/4/2006             15      SA0605E_ARM                                      0            990000                                 0   62.13                        778               0     3YR                                        12/1/2011            6           3           1               3
     2503197742       2-4FAMILY                         2     OO        REFI                  N                              6.99                 6.99              595000                595000               2/1/2007              1/1/2037                  3465.88      360      70     HI                   2/1/2007        N                 850000                   1       2.75            3465.88                                                                               96717          12/14/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      70                        635           44.05     NO-PREPAY                                   1/1/2012            6           3           1            2.75
     2503197766       D-PUDS                            1     OO        REFI                  N                              5.49                 5.49              292800             292799.92               2/1/2007              1/1/2037                  1339.56      360      80     CA                   2/1/2007        N                 366000                   1      3.875            1339.56                                                                               93312          12/13/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        776           39.16     3YR                                         1/1/2012            6           3           1           3.875
     2503197788       SFR                               1     OO        REFI                  Y                              6.55                 6.55              480000                480000               1/1/2007             12/1/2036                     2620      360   71.12     MN                   2/1/2007        N                 675000                   1          3               2620                                                                               55025           12/4/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   71.12                        676              45     3YR                                        12/1/2011            6           3           1               3
     2503197796       CONDO                             1     OO        PURCHASE              N                             7.075                7.075              213750                213750               2/1/2007              1/1/2037                  1260.23      360      75     FL                   2/1/2007        N                 285000                   1          3            1260.23                                                                               33444          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            285000                             71250     100                        733           34.38     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197807       SFR                               1     OO        REFI                  Y                            12.125               12.125              120000             119966.61               2/1/2007              1/1/2022                  1245.89      180      20     CA                   2/1/2007        Y                 600000                   2          0            1245.89                                                                               91321           12/7/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        646              45     1YR                                                             0           0           0               0
     2503197830       SFR                               1     OO        REFI                  N                               6.6                  6.6              357800                357800               1/1/2007             12/1/2036                   1967.9      360      80     CA                   2/1/2007        N                 447250                   1          3             1967.9                                                                               95240           12/5/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        673           38.08     3YR                                        12/1/2011            6           3           1               3
     2503197833       D-PUDS                            1     NOO       REFI                  N                                 7                    7              508500                508500               2/1/2007              1/1/2037                  2966.25      360      75     GA                   2/1/2007        N                 678000                   1          3            2966.25                                                                               30064          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             97000   89.31                        753           28.62     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197834       D-PUDS                            1     NOO       REFI                  N                            12.125               12.125               97000                 96973               2/1/2007              1/1/2022                   1007.1      180   14.31     GA                   2/1/2007        Y                 678000                   2          0             1007.1                                                                               30064          12/29/2006              2      TB0630_BALLOON                                   0                 0                                 0   89.31                        753           28.62     NO-PREPAY                                                       0           0           0               0
     2503197848       SFR                               1     NOO       PURCHASE              N                              8.05                 8.05              246400                246400               1/1/2007             12/1/2036                  1652.93      360      80     CA                   2/1/2007        N                 308000                   1          3            1652.93                                                                               95206           12/1/2006              2      PA0605EI_ARM-INTONLY                             0            308000                             46200      95                        732           44.17     1YR                                        12/1/2011            6           3           1               3
     2503197849       SFR                               1     NOO       PURCHASE              N                             11.95                11.95               46200              46173.14               1/1/2007             12/1/2021                   473.44      180      15     CA                   2/1/2007        Y                 308000                   2          0             473.44                                                                               95206           12/1/2006              2      TB0630_BALLOON                                   0            308000                                 0      95                        732           44.17     NO-PREPAY                                                       0           0           0               0
     2503197855       SFR                               1     OO        REFI                  Y                              12.5                 12.5               99500              99448.81               1/1/2007             12/1/2021                  1061.92      180      25     UT                   2/1/2007        Y                 398000                   2          0            1061.92                                                                               84404          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        660            41.6     NO-PREPAY                                                       0           0           0               0
     2503197859       CONDO                             1     OO        PURCHASE              N                              7.65                 7.65              224000                224000               1/1/2007             12/1/2036                     1428      360      80     FL                   2/1/2007        N                 280000                   1          3               1428                                                                               33312          11/27/2006              2      PA1605EI_ARM-INTONLY                             0            280000                             56000     100                        656           44.43     2YR                                        12/1/2011            6           3           1               3
     2503197860       CONDO                             1     OO        PURCHASE              N                              12.9                 12.9               56000              55973.66               1/1/2007             12/1/2021                    615.1      180      20     FL                   2/1/2007        Y                 280000                   2          0              615.1                                                                               33312          11/27/2006              2      TB1630_BALLOON                                   0            280000                                 0     100                        656           44.43     2YR                                                             0           0           0               0
     2503197864       D-PUDS                            1     OO        PURCHASE              N                              5.99                 5.99              382500                382500               1/1/2007             12/1/2036                  1909.31      360      75     CA                   2/1/2007        N                 550000                   1          3            1909.31                                                                               91913          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            510000                             76500      90                        690           42.01     3YR                                        12/1/2011            6           3           1               3
     2503197878       D-PUDS                            1     OO        PURCHASE              N                              7.25                 7.25              522400                522400               1/1/2007             12/1/2036                  3156.17      360      80     NV                   2/1/2007        N                 655000                   1          3            3156.17                                                                               89129           12/6/2006              2      PA1605EI_ARM-INTONLY                             0            653000                            130600     100                        666           44.46     1YR                                        12/1/2011            6           3           1               3
     2503197879       SFR                               1     NOO       REFI                  N                              7.75                 7.75              120000                120000               2/1/2007              1/1/2037                      775      360      80     IL                   2/1/2007        N                 150000                   1          3                775                                                                               60617          12/20/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        654           41.92     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503197880       D-PUDS                            1     OO        PURCHASE              N                             11.35                11.35              130600             130513.33               1/1/2007             12/1/2021                  1278.39      180      20     NV                   2/1/2007        Y                 655000                   2          0            1278.39                                                                               89129           12/6/2006              2      TB1630_BALLOON                                   0            653000                                 0     100                        666           44.46     2YR                                                             0           0           0               0
     2503197891       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              252000                252000               2/1/2007              1/1/2037                   1312.5      360      80     CA                   2/1/2007        N                 325000                   1          0             1312.5                                                                               95209          12/13/2006              2      PF1630I_FIX-INTONLY                              0            315000                                 0      80                        655           40.04     3YR                                                             0           0           0               0
     2503197895       SFR                               1     OO        REFI                  Y                                 6                    6              520000             519476.47               1/1/2007             12/1/2036                  2861.11      360    69.8     HI                   2/1/2007        Y                 745000                   1          3            2861.11                                                                               96732          11/27/2006              2      PL3605E_ARM-BALLOON                              0                 0                                 0    69.8                        617           45.65     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197897       SFR                               1     OO        PURCHASE              N                              11.4                 11.4               82400               82345.9               1/1/2007             12/1/2021                   809.72      180      20     HI                   2/1/2007        Y                 412000                   2          0             809.72                                                                               96792          11/30/2006              2      TB1630_BALLOON                                   0            412000                                 0     100                        670           47.36     3YR                                                             0           0           0               0
     2503197930       D-PUDS                            1     OO        PURCHASE              N                               7.5                  7.5              292000                292000               1/1/2007             12/1/2036                     1825      360      80     NV                   2/1/2007        N                 365000                   1          3               1825                                                                               89512           12/6/2006              2      PA1605EI_ARM-INTONLY                             0            365000                             73000     100                        660           47.82     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503197931       D-PUDS                            1     OO        PURCHASE              N                             12.19                12.19               73000              72959.75               1/1/2007             12/1/2021                   761.58      180      20     NV                   2/1/2007        Y                 365000                   2          0             761.58                                                                               89512           12/6/2006              2      TB1630_BALLOON                                   0            365000                                 0     100                        660           47.82     NO-PREPAY                                                       0           0           0               0
     2503197949       SFR                               1     NOO       REFI                  N                               6.7                  6.7              124000             123948.62               2/1/2007              1/1/2037                   743.71      360   71.68     MN                   2/1/2007        Y                 173000                   1          3             743.71                                                                               55411           12/4/2006              2      PL0605E_ARM-BALLOON                              0                 0                             14000   79.77                        732           30.51     3YR                                         1/1/2012            6           3           1               3
     2503197987       SFR                               1     OO        PURCHASE              N                              6.49                 6.49              326250             325657.38               1/1/2007             12/1/2036                  2059.98      360      75     FL                   2/1/2007        N                 435000                   1      3.875            2059.98                                                                               33182          11/27/2006              2      PA1605E_ARM                                      0            435000                            108750     100                        660           39.76     2YR                                        12/1/2011            6           3           1           3.875
     2503197988       SFR                               1     OO        PURCHASE              N                             11.74                11.74              108750             108683.76               1/1/2007             12/1/2021                   1096.9      180      25     FL                   2/1/2007        Y                 435000                   2          0             1096.9                                                                               33182          11/27/2006              2      TB1630_BALLOON                                   0            435000                                 0     100                        660           39.92     2YR                                                             0           0           0               0
     2503197990       D-PUDS                            1     OO        PURCHASE              N                               7.5                  7.5              235992             235356.61               2/1/2007              1/1/2037                  1474.95      360      80     FL                   2/1/2007        N                 296000                   1          3            1474.95                                                                               33033           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            294990                             58998     100                        647            48.9     1YR                                         1/1/2012            6           3           1               3
     2503197991       D-PUDS                            1     OO        PURCHASE              N                            12.625               12.625               58998              58983.32               2/1/2007              1/1/2022                   635.39      180      20     FL                   2/1/2007        Y                 296000                   2          0             635.39                                                                               33033           12/7/2006              2      TB1630_BALLOON                                   0            294990                                 0     100                        647            48.9     1YR                                                             0           0           0               0
     2503198003       SFR                               1     OO        PURCHASE              N                              6.15                 6.15              238400              238399.6               1/1/2007             12/1/2036                   1221.8      360      80     MD                   2/1/2007        N                 301300                   1          3             1221.8                                                                               20743          11/29/2006              2      PA1605EI_ARM-INTONLY                             0            298000                             59600     100                        678           31.58     3YR                                        12/1/2011            6           3           1               3
     2503198004       SFR                               1     OO        PURCHASE              N                             11.75                11.75               59600              59562.98               1/1/2007             12/1/2021                   601.61      180      20     MD                   2/1/2007        Y                 301300                   2          0             601.61                                                                               20743          11/29/2006              2      TB1630_BALLOON                                   0            298000                                 0     100                        678           31.58     NO-PREPAY                                                       0           0           0               0
     2503198007       SFR                               1     NOO       REFI                  Y                             6.082                6.082              273000                273000               2/1/2007              1/1/2037                  1383.66      360      70     FL                   2/1/2007        N                 390000                   1          3            1383.66                                                                               33013          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             97500      95                        735           35.78     1YR                                         1/1/2012            6           3           1               3
     2503198009       SFR                               1     NOO       REFI                  N                            11.725               11.725               97500              97470.35               2/1/2007              1/1/2022                   982.31      180      25     FL                   2/1/2007        Y                 390000                   2          0             982.31                                                                               33013          12/27/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        735           35.78     NO-PREPAY                                                       0           0           0               0
     2503198012       2-4FAMILY                         2     NOO       PURCHASE              N                              8.75                 8.75              202400                202400               1/1/2007             12/1/2036                  1475.83      360      80     FL                   2/1/2007        N                 253000                   1          3            1475.83                                                                               33441          11/30/2006              7      SA2605EI_ARM-INTONLY                             0            253000                                 0      80                        635               0     3YR                                        12/1/2011            6           3           1               3
     2503198021       SFR                               1     OO        REFI                  N                              6.25                 6.25              568000                568000               1/1/2007             12/1/2036                  2958.33      360      80     CA                   2/1/2007        N                 710000                   1          3            2958.33                                                                               91343          11/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            142000     100                        716           31.52     3YR                                        12/1/2011            6           3           1               3
     2503198054       CONDO                             1     NOO       PURCHASE              N                              6.99                 6.99               85500              85429.78               2/1/2007              1/1/2037                   568.26      360      75     FL                   2/1/2007        N                 123000                   1          3             568.26                                                                               32714           12/4/2006              2      PA0605E_ARM                                      0            114000                             22800      95                        730           29.51     3YR                                         1/1/2012            6           3           1               3
     2503198078       SFR                               1     OO        PURCHASE              N                              7.45                 7.45              308000                308000               2/1/2007              1/1/2037                  1912.17      360      80     IN                   2/1/2007        N                 385000                   1          0            1912.17                                                                               46324          12/21/2006              2      PF0630I_FIX-INTONLY                              0            385000                             77000     100                        707           36.67     2YR                                                             0           0           0               0
     2503198095       SFR                               1     OO        PURCHASE              N                             12.24                12.24              215000             214882.77               1/1/2007             12/1/2021                  2251.32      180      25     FL                   2/1/2007        Y                 860000                   2          0            2251.32                                                                               33015          11/30/2006              2      TB1630_BALLOON                                   0            860000                                 0     100                        657           41.69     3YR                                                             0           0           0               0
     2503198099       CONDO                             1     NOO       PURCHASE              N                            12.725               12.725               22800              22794.45               2/1/2007              1/1/2022                   247.32      180      20     FL                   2/1/2007        Y                 123000                   2          0             247.32                                                                               32714           12/4/2006              2      TB0630_BALLOON                                   0            114000                                 0      95                        730           29.51     3YR                                                             0           0           0               0
     2503198120       SFR                               1     OO        REFI                  N                                 6                    6              400000                400000               1/1/2007             12/1/2036                     2000      360   74.63     CA                   2/1/2007        N                 536000                   1          3               2000                                                                               93445          11/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            109200      95                        697           42.39     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503198121       CONDO                             1     OO        REFI                  N                               7.5                  7.5              472000                472000               1/1/2007             12/1/2036                     2950      360      80     CA                   2/1/2007        N                 590000                   1          3               2950                                                                               91354          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            118000     100                        670           45.89     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503198124       CONDO                             1     OO        REFI                  Y                              12.5                 12.5              118000              117939.3               1/1/2007             12/1/2021                  1259.36      180      20     CA                   2/1/2007        Y                 590000                   2          0            1259.36                                                                               91354          11/30/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        670           45.89     NO-PREPAY                                                       0           0           0               0
     2503198134       SFR                               1     NOO       PURCHASE              N                             7.125                7.125              315000                315000               2/1/2007              1/1/2037                  1870.31      360      75     CA                   2/1/2007        N                 425000                   1          3            1870.31                                                                               92315          12/12/2006              2      PA0605EI_ARM-INTONLY                             0            420000                             84000      95                        693           45.05     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198135       SFR                               1     NOO       PURCHASE              N                                13                   13               84000              83980.79               2/1/2007              1/1/2022                   929.21      180      20     CA                   2/1/2007        Y                 425000                   2          0             929.21                                                                               92315          12/12/2006              2      TB0630_BALLOON                                   0            420000                                 0      95                        693           45.05     NO-PREPAY                                                       0           0           0               0
     2503198136       SFR                               1     OO        REFI                  Y                              5.45                 5.45              277300             277299.76               2/1/2007              1/1/2037                   1259.4      360    56.6     CA                   2/1/2007        N                 490000                   1          3             1259.4                                                                               90301           12/7/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0    56.6                        658           41.58     3YR                                         1/1/2012            6           3           1               3
     2503198141       CONDO                             1     OO        REFI                  N                              5.75                 5.75              167500                167500               2/1/2007              1/1/2037                    802.6      360   60.25     CA                   2/1/2007        N                 278052                   1          3              802.6                                                                               92109           12/7/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   60.25                        805           35.99     3YR                                         1/1/2012            6           3           1               3
     2503198150       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              378000                378000               1/1/2007             12/1/2036                  1968.75      360      70     CA                   2/1/2007        N                 545000                   1      3.875            1968.75                                                                               90280           12/8/2006              2      PA1605EI_ARM-INTONLY                             0            540000                            162000     100                        652           40.11     3YR                                        12/1/2011            6           3           1           3.875
     2503198151       SFR                               1     OO        PURCHASE              N                            11.975               11.975              162000             161906.31               1/1/2007             12/1/2021                  1663.24      180      30     CA                   2/1/2007        Y                 545000                   2          0            1663.24                                                                               90280           12/8/2006              2      TB1630_BALLOON                                   0            540000                                 0     100                        652           40.11     3YR                                                             0           0           0               0
     2503198156       SFR                               1     NOO       REFI                  Y                              6.65                 6.65              435000                435000               2/1/2007              1/1/2037                  2410.63      360      75     CA                   2/1/2007        N                 580000                   1          3            2410.63                                                                               91335          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            116000      95                        750           36.45     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198160       SFR                               1     NOO       REFI                  N                             12.05                12.05              116000             115967.17               2/1/2007              1/1/2022                  1197.66      180      20     CA                   2/1/2007        Y                 580000                   2          0            1197.66                                                                               91335          12/29/2006              2      TB0630_BALLOON                                   0                 0                                 0      95                        750           23.32     NO-PREPAY                                                       0           0           0               0
     2503198165       SFR                               1     OO        PURCHASE              N                               6.5                  6.5               96000                 96000               1/1/2007             12/1/2036                      520      360      75     FL                   2/1/2007        N                 128000                   1          3                520                                                                               33610          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            128000                             32000     100                        723           36.35     1YR                                        12/1/2011            6           3           1               3
     2503198178       2-4FAMILY                         3     OO        PURCHASE              N                               6.4                  6.4              437250                437250               2/1/2007              1/1/2037                     2332      360      75     NY                   2/1/2007        N                 630000                   1          3               2332                                                                               11221           12/5/2006              2      PA1605EI_ARM-INTONLY                             0            583000                            116600      95                        644           40.03     1YR                                         1/1/2012            6           3           1               3
     2503198179       2-4FAMILY                         3     OO        PURCHASE              N                              12.7                 12.7              116600             116571.47               2/1/2007              1/1/2022                  1262.55      180      20     NY                   2/1/2007        Y                 630000                   2          0            1262.55                                                                               11221           12/5/2006              2      TB1630_BALLOON                                   0            583000                                 0      95                        644           40.03     NO-PREPAY                                                       0           0           0               0
     2503198187       SFR                               1     OO        PURCHASE              N                              5.99                 5.99              424800                424800               1/1/2007             12/1/2036                  2120.46      360      80     CA                   2/1/2007        N                 560000                   1      3.875            2120.46                                                                               95829          11/28/2006              2      PA0605EI_ARM-INTONLY                             0            531050                            106200     100                        751           34.38     2YR                                        12/1/2011            6           3           1           3.875
     2503198189       SFR                               1     OO        PURCHASE              N                               6.2                  6.2              337500                337500               1/1/2007             12/1/2036                  1743.75      360      75     FL                   2/1/2007        N                 450000                   1          3            1743.75                                                                               33174          11/30/2006              1      PA2603EI_ARM-INTONLY                             0            450000                            112500     100                        626           41.67     3YR                                        12/1/2009            6           3           1               3
     2503198190       SFR                               1     OO        PURCHASE              N                             12.79                12.79              112500             112445.75               1/1/2007             12/1/2021                  1226.04      180      25     FL                   2/1/2007        Y                 450000                   2          0            1226.04                                                                               33174          11/30/2006              1      TB2630_BALLOON                                   0            450000                                 0     100                        626           41.67     NO-PREPAY                                                       0           0           0               0
     2503198192       CONDO                             1     NOO       PURCHASE              N                               6.2                  6.2              341250                341250               2/1/2007              1/1/2037                  1763.13      360      75     CA                   2/1/2007        N                 460000                   1          3            1763.13                                                                               95051          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            455000                                 0      75                        748           43.08     3YR                                         1/1/2012            6           3           1               3
     2503198201       SFR                               1     OO        PURCHASE              N                             7.625                7.625              483200             482850.27               2/1/2007              1/1/2037                  3420.06      360      80     IL                   2/1/2007        N                 604000                   1          3            3420.06                                                                               60641          12/18/2006              2      PA0605E_ARM                                      0            604000                            120800     100                        736           41.38     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198207       SFR                               1     NOO       PURCHASE              N                               6.6                  6.6              300000                300000               1/1/2007             12/1/2036                     1650      360      75     IL                   2/1/2007        N                 417500                   1          3               1650                                                                               60712          11/30/2006              2      PA0605EI_ARM-INTONLY                             0            400000                             80000      95                        785           29.76     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503198210       2-4FAMILY                         4     OO        PURCHASE              N                               6.6                  6.6              255000                255000               1/1/2007             12/1/2036                   1402.5      360      75     IL                   2/1/2007        N                 345000                   1          3             1402.5                                                                               60636          11/30/2006              1      PA0605EI_ARM-INTONLY                             0            340000                             85000     100                        783           43.98     1YR                                        12/1/2011            6           3           1               3
     2503198257       SFR                               1     OO        REFI                  N                              6.99                 6.99              148000                148000               2/1/2007              1/1/2037                    862.1      360      80     CO                   2/1/2007        N                 185000                   1          3              862.1                                                                               80010          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             37000     100                        685           46.04     3YR                                         1/1/2012            5           3           1               3
     2503198261       PUD                               1     OO        PURCHASE              N                                12                   12               57250              57233.62               2/1/2007              1/1/2022                   588.88      180      25     MN                   2/1/2007        Y                 230000                   2          0             588.88                                                                               55119           12/8/2006              2      TB1630_BALLOON                                   0            229000                                 0     100                        662            44.8     NO-PREPAY                                                       0           0           0               0
     2503198271       CONDO                             1     OO        REFI                  Y                             7.675                7.675              198400             198257.84               2/1/2007              1/1/2037                  1411.09      360      80     FL                   2/1/2007        N                 248000                   1          3            1411.09                                                                               33186          12/26/2006              1      PA1605E_ARM                                      0                 0                                 0      80                        640           24.38     3YR                                         1/1/2012            6           3           1               3
     2503198274       SFR                               1     OO        PURCHASE              N                              7.45                 7.45              209250                209250               2/1/2007              1/1/2037                  1299.09      360      75     FL                   2/1/2007        N                 290000                   1          3            1299.09                                                                               34461          12/13/2006              2      PA1605EI_ARM-INTONLY                             0            279000                             69750     100                        653           49.21     2YR                                         1/1/2012            6           3           1               3
     2503198277       SFR                               1     OO        PURCHASE              N                            12.725               12.725               69750              69733.03               2/1/2007              1/1/2022                   756.61      180      25     FL                   2/1/2007        Y                 290000                   2          0             756.61                                                                               34461          12/13/2006              2      TB1630_BALLOON                                   0            279000                                 0     100                        653           49.21     2YR                                                             0           0           0               0
     2503198278       2-4FAMILY                         3     OO        PURCHASE              N                               7.9                  7.9              637500                637500               2/1/2007              1/1/2037                  4196.88      360      75     NY                   2/1/2007        N                 850000                   1          3            4196.88                                                                               11101          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            850000                            170000      95                        742           42.24     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198280       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              433300                433300               2/1/2007              1/1/2037                  2076.23      360      70     CA                   2/1/2007        N                 619000                   1          3            2076.23                                                                               92802           12/6/2006              2      PA0605EI_ARM-INTONLY                             0            619000                            185700     100                        692           45.53     3YR                                         1/1/2012            6           3           1               3
     2503198317       2-4FAMILY                         2     OO        PURCHASE              N                              6.89                 6.89              555200                555200               1/1/2007             12/1/2036                  3187.77      360      80     CA                   2/1/2007        N                 694000                   1          3            3187.77                                                                               95116           12/1/2006              2      PA1605EI_ARM-INTONLY                             0            694000                            138800     100                        677           45.67     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503198334       CONDO                             1     OO        PURCHASE              N                                 8                    8              344000                344000               1/1/2007             12/1/2036                  2293.33      360      80     CA                   2/1/2007        N                 435000                   1      3.875            2293.33                                                                               92649           12/4/2006              2      PA1605EI_ARM-INTONLY                             0            430000                             86000     100                        649           41.73     NO-PREPAY                                  12/1/2011            6           3           1           3.875
     2503198335       CONDO                             1     OO        PURCHASE              N                              12.7                 12.7               86000              85957.69               1/1/2007             12/1/2021                   931.21      180      20     CA                   2/1/2007        Y                 435000                   2          0             931.21                                                                               92649           12/4/2006              2      TB1630_BALLOON                                   0            430000                                 0     100                        649           41.73     NO-PREPAY                                                       0           0           0               0
     2503198339       SFR                               1     NOO       REFI                  Y                             7.125                7.125              187500                187500               1/1/2007             12/1/2036                  1113.28      360   73.53     NV                   2/1/2007        N                 255000                   1          3            1113.28                                                                               89145          11/30/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             37500   88.24                        662           35.97     1YR                                        12/1/2011            6           3           1               3
     2503198340       CONDO                             1     OO        PURCHASE              N                             5.875                5.875              373750                373750               2/1/2007              1/1/2037                  1829.82      360    74.9     CA                   2/1/2007        N                 535000                   1          3            1829.82                                                                               92653          12/26/2006              2      PA0605EI_ARM-INTONLY                             0            499000                             49900    84.9                        693           39.11     2YR                                         1/1/2012            6           3           1               3
     2503198346       SFR                               1     OO        REFI                  N                             6.875                6.875              385000             384676.55               2/1/2007              1/1/2037                  2529.18      360   72.65     NY                   2/1/2007        N                 530000                   1          0            2529.18                                                                               11426          12/19/2006              2      PF1630_FIXEDRATE                                 0                 0                                 0   72.65                        650           39.77     1YR                                                             0           0           0               0
     2503198353       CONDO                             1     OO        REFI                  N                              6.25                 6.25              453500                453500               2/1/2007              1/1/2037                  2361.98      360   74.11     CA                   2/1/2007        N                 612000                   1      3.875            2361.98                                                                               92606          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.11                        691           43.01     1YR                                         1/1/2012            6           3           1           3.875
     2503198356       SFR                               1     NOO       REFI                  Y                             12.99                12.99               37500              37482.72               1/1/2007             12/1/2021                   414.53      180   14.71     NV                   2/1/2007        Y                 255000                   2          0             414.53                                                                               89145          11/30/2006              2      TB1630_BALLOON                                   0                 0                                 0   88.24                        662           35.77     NO-PREPAY                                                       0           0           0               0
     2503198365       SFR                               1     NOO       REFI                  N                              7.31                 7.31              431250                431250               1/1/2007             12/1/2036                  2627.03      360      75     CA                   2/1/2007        N                 575000                   1          3            2627.03                                                                               91709          11/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             86250      90                        656           44.48     2YR                                        12/1/2011            6           3           1               3
     2503198366       SFR                               1     NOO       REFI                  Y                             13.79                13.79               86250              86216.87               1/1/2007             12/1/2021                  1007.63      180      15     CA                   2/1/2007        Y                 575000                   2          0            1007.63                                                                               91709          11/29/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        656           44.48     2YR                                                             0           0           0               0
     2503198384       2-4FAMILY                         3     NOO       REFI                  Y                               6.5                  6.5              250000             249754.17               2/1/2007              1/1/2037                  1580.17      360    46.3     CA                   2/1/2007        N                 540000                   1          0            1580.17                                                                               90001            1/8/2007              2      PF0630_FIXEDRATE                                 0                 0                                 0    46.3                        780           24.24     3YR                                                             0           0           0               0
     2503198391       D-PUDS                            1     OO        PURCHASE              N                             11.75                11.75               98000              97970.36               2/1/2007              1/1/2022                   989.22      180      20     HI                   2/1/2007        Y                 513000                   2          0             989.22                                                                               96706           12/5/2006              2      TB1630_BALLOON                                   0            490000                                 0     100                        669           41.42     1YR                                                             0           0           0               0
     2503198398       D-PUDS                            1     OO        PURCHASE              N                             6.999                6.999              455900                455900               2/1/2007              1/1/2037                  2659.04      360      80     MD                   2/1/2007        N                 588000                   1          3            2659.04                                                                               21701           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            569900                            113950     100                        642           49.56     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198399       D-PUDS                            1     OO        PURCHASE              N                             12.35                12.35              113950             113919.85               2/1/2007              1/1/2022                  1202.89      180      20     MD                   2/1/2007        Y                 588000                   2          0            1202.89                                                                               21701           12/7/2006              2      TB1630_BALLOON                                   0            569900                                 0     100                        642           49.56     NO-PREPAY                                                       0           0           0               0
     2503198410       PUD                               1     OO        REFI                  N                              5.75                 5.75              301500                301500               2/1/2007              1/1/2037                  1444.69      360      90     MD                   2/1/2007        N                 335000                   1          3            1444.69                                                                               20886           12/6/2006              2      PA1605EI_ARM-INTONLY                            25                 0                                 0      90                        652           42.26     3YR                                         1/1/2012            6           3           1               3
     2503198430       2-4FAMILY                         2     OO        PURCHASE              N                               7.5                  7.5              480000                480000               1/1/2007             12/1/2036                     3000      360      80     CA                   2/1/2007        N                 600000                   1      3.875               3000                                                                               90280           12/6/2006              2      PA0602EI_ARM-INTONLY                             0            600000                            120000     100                        736           39.12     2YR                                        12/1/2008            6           3           1           3.875
     2503198460       SFR                               1     OO        REFI                  Y                               5.5                  5.5              630000             629310.43               2/1/2007              1/1/2037                  3577.07      360   69.24     CA                   2/1/2007        N                 910000                   1          3            3577.07                                                                               92604          12/20/2006              1      PA0607E_ARM                                      0                 0                                 0   69.24                        721           52.71     3YR                                         1/1/2014            6           3           1               3
     2503198467       CONDO                             1     OO        REFI                  N                              6.99                 6.99              117600             117555.07               2/1/2007              1/1/2037                   729.95      360      70     IL                   2/1/2007        Y                 168000                   1          0             729.95                                                                               60031          12/20/2006              2      PB0640_BALLOON                                   0                 0                             50400     100                        725           47.66     NO-PREPAY                                                       0           0           0               0
     2503198470       SFR                               1     OO        PURCHASE              N                              6.85                 6.85              144650             144527.88               2/1/2007              1/1/2037                   947.83      360   74.99     IL                   2/1/2007        N                 196000                   1          3             947.83                                                                               60446           12/1/2006              2      PA0605E_ARM                                      0            192900                             48250     100                        696           44.21     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198474       SFR                               1     OO        REFI                  Y                               6.2                  6.2              157500             157349.01               2/1/2007              1/1/2037                   964.64      360      70     FL                   2/1/2007        N                 225000                   1          0             964.64                                                                               33311          12/28/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0      70                        635           32.43     3YR                                                             0           0           0               0
     2503198484       CONDO                             1     OO        PURCHASE              N                             5.625                5.625              327200             327033.75               2/1/2007              1/1/2037                  1533.75      360      80     CA                   2/1/2007        N                 409500                   1          0            1533.75                                                                               92025          12/29/2006              2      PF0630I_FIX-INTONLY                              0            409015                             61350      95                        696            41.6     1YR                                                             0           0           0               0
     2503198495       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              146250                146250               2/1/2007              1/1/2037                   822.66      360      75     FL                   2/1/2007        N                 195000                   1          3             822.66                                                                               32935          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        686           40.47     2YR                                         1/1/2012            6           3           1               3
     2503198500       SFR                               1     NOO       PURCHASE              N                              6.55                 6.55              178400                178400               2/1/2007              1/1/2037                   973.77      360   69.99     MN                   2/1/2007        N                 255000                   1          3             973.77                                                                               55406          12/11/2006              2      PA1605EI_ARM-INTONLY                             0            254900                             50950   89.98                        661           11.53     3YR                                         1/1/2012            6           3           1               3
     2503198501       SFR                               1     NOO       PURCHASE              N                             13.05                13.05               50950              50938.48               2/1/2007              1/1/2022                    565.6      180   19.99     MN                   2/1/2007        Y                 255000                   2          0              565.6                                                                               55406          12/11/2006              2      TB1630_BALLOON                                   0            254900                                 0   89.98                        661           11.53     NO-PREPAY                                                       0           0           0               0
     2503198502       CONDO                             1     OO        REFI                  N                             6.875                6.875              248000                248000               2/1/2007              1/1/2037                  1420.83      360      80     CA                   2/1/2007        N                 310000                   1          3            1420.83                                                                               92173          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             62000     100                        738           44.25     3YR                                         1/1/2012            6           3           1               3
     2503198525       SFR                               1     OO        REFI                  N                              6.25                 6.25              386250             385883.51               2/1/2007              1/1/2037                  2378.21      360      75     NY                   2/1/2007        N                 515000                   1          0            2378.21                                                                               11421          12/28/2006              2      PF1630_FIXEDRATE                                 0                 0                             93000   93.06                        643           47.22     1YR                                                             0           0           0               0
     2503198535       D-PUDS                            1     OO        PURCHASE              N                               6.7                  6.7              295920                295920               1/1/2007             12/1/2036                  1652.22      360      80     CA                   2/1/2007        N                 370000                   1          3            1652.22                                                                               95776          11/28/2006              2      PA1605EI_ARM-INTONLY                             0            369900                             73980     100                        667           37.74     3YR                                        12/1/2011            6           3           1               3
     2503198536       D-PUDS                            1     OO        PURCHASE              N                             11.15                11.15               73980              73928.65               1/1/2007             12/1/2021                   712.93      180      20     CA                   2/1/2007        Y                 370000                   2          0             712.93                                                                               95776          11/28/2006              2      TB1630_BALLOON                                   0            369900                                 0     100                        667           37.74     3YR                                                             0           0           0               0
     2503198543       CONDO                             1     OO        REFI                  N                              6.25                 6.25              708000                708000               2/1/2007              1/1/2037                   3687.5      360   79.56     HI                   2/1/2007        N                 890000                   1          3             3687.5                                                                               96707           12/7/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   79.56                        754           43.76     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198580       SFR                               1     OO        REFI                  Y                             5.875                5.875              540000                540000               2/1/2007              1/1/2037                  2643.75      360   62.43     HI                   2/1/2007        N                 865000                   1          3            2643.75                                                                               96762          12/29/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   62.43                        731           50.29     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198582       SFR                               1     NOO       REFI                  N                               6.9                  6.9              731250                731250               2/1/2007              1/1/2037                  4204.69      360      75     CA                   2/1/2007        N                 975000                   1       2.75            4204.69                                                                               94019          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            146250      90                        721            43.1     2YR                                         1/1/2012            6           3           1            2.75
     2503198589       SFR                               1     OO        REFI                  N                             6.375                6.375              619000                619000               2/1/2007              1/1/2037                  3288.44      360   74.58     CA                   2/1/2007        N                 830000                   1        3.5            3288.44                                                                               94547          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            200000   98.68                        694           43.21     NO-PREPAY                                   1/1/2012            6           3           1             3.5
     2503198594       D-PUDS                            1     OO        REFI                  N                             5.875                5.875              720000                720000               1/1/2007             12/1/2036                     3525      360   63.89     CA                   2/1/2007        N                1127000                   1          3               3525                                                                               92009           12/5/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   63.89                        753               0     3YR                                        12/1/2011            6           3           1               3
     2503198597       SFR                               1     OO        REFI                  Y                               6.7                  6.7              252000                252000               2/1/2007              1/1/2037                     1407      360      80     CA                   2/1/2007        N                 315000                   1          3               1407                                                                               95206          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             63000     100                        691           44.05     1YR                                         1/1/2012            6           3           1               3
     2503198620       SFR                               1     NOO       REFI                  Y                             12.15                12.15               39400              39389.09               2/1/2007              1/1/2022                   409.83      180      20     IL                   2/1/2007        Y                 197000                   2          0             409.83                                                                               60107           12/7/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        700           34.59     NO-PREPAY                                                       0           0           0               0
     2503198631       D-PUDS                            1     OO        REFI                  N                               8.1                  8.1              640000                640000               2/1/2007              1/1/2037                     4320      360      80     CO                   2/1/2007        N                 800000                   1          3               4320                                                                               80104          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            160000     100                        660           43.92     3YR                                         1/1/2012         3.89           3           1               3
     2503198636       SFR                               1     NOO       REFI                  Y                             11.99                11.99              146250             146208.06               2/1/2007              1/1/2022                  1503.22      180      15     CA                   2/1/2007        Y                 975000                   2          0            1503.22                                                                               94019          12/14/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        721           44.55     NO-PREPAY                                                       0           0           0               0
     2503198648       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              300000             299686.78               2/1/2007              1/1/2037                  1750.72      360      80     CA                   2/1/2007        N                 387500                   1          3            1750.72                                                                               92555          12/14/2006              2      PA1603E_ARM                                      0            375000                             75000     100                        670           44.19     3YR                                         1/1/2010            6           3           1               3
     2503198652       SFR                               1     OO        PURCHASE              N                             11.25                11.25               75000              74974.68               2/1/2007              1/1/2022                   728.45      180      20     CA                   2/1/2007        Y                 387500                   2          0             728.45                                                                               92555          12/14/2006              2      TB1630_BALLOON                                   0            375000                                 0     100                        670           44.04     3YR                                                             0           0           0               0
     2503198654       SFR                               1     OO        REFI                  Y                                 7                    7              107000              106912.3               2/1/2007              1/1/2037                   711.87      360   64.85     CA                   2/1/2007        N                 165000                   1          0             711.87                                                                               93268          12/14/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0   64.85                        629           43.03     3YR                                                             0           0           0               0
     2503198655       SFR                               1     OO        REFI                  Y                                 7                    7              312000                311644               2/1/2007              1/1/2037                  2075.74      360   44.58     CA                   2/1/2007        N                 700000                   1          0            2075.74                                                                               93933          12/14/2006              2      PF3630_FIXEDRATE                                 0                 0                                 0   44.58                        602           39.91     NO-PREPAY                                                       0           0           0               0
     2503198671       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              351200                351200               2/1/2007              1/1/2037                  1902.33      360      80     CA                   2/1/2007        N                 439000                   1        4.8            1902.33                                                                               92646          12/11/2006              2      PA1607EI_ARM-INTONLY                             0            439000                             87800     100                        652              44     3YR                                         1/1/2014            6           3           1             4.8
     2503198692       PUD                               1     OO        PURCHASE              N                             11.75                11.75               87800              87773.45               2/1/2007              1/1/2022                   886.26      180      20     CA                   2/1/2007        Y                 439000                   2          0             886.26                                                                               92646          12/11/2006              2      TB1630_BALLOON                                   0            439000                                 0     100                        658           43.17     3YR                                                             0           0           0               0
     2503198704       D-PUDS                            1     OO        PURCHASE              N                              8.45                 8.45              233100             232982.45               1/1/2007             12/1/2036                  1699.98      360      90     HI                   2/1/2007        Y                 282000                   1          4            1699.98                                                                               96771           12/6/2006              2      PL2405E_ARM-BALLOON                             25            259000                             25900     100                        620           49.94     NO-PREPAY                                  12/1/2011            6           3           1               4
     2503198707       SFR                               1     OO        REFI                  N                             6.375                6.375              584000                584000               2/1/2007              1/1/2037                   3102.5      360      80     CA                   2/1/2007        N                 730000                   1          0             3102.5                                                                               95050          12/19/2006              1      PF2630I_FIX-INTONLY                              0                 0                             49000   86.72                        633           42.86     3YR                                                             0           0           0               0
     2503198711       CONDO                             1     NOO       PURCHASE              N                               7.5                  7.5              121500             121409.83               2/1/2007              1/1/2037                   849.55      360      75     FL                   2/1/2007        N                 170000                   1          0             849.55                                                                               33012          12/13/2006              2      PF0630_FIXEDRATE                                 0            162000                             32400      95                        741           45.26     1YR                                                             0           0           0               0
     2503198712       CONDO                             1     NOO       PURCHASE              N                             12.45                12.45               32400              32391.62               2/1/2007              1/1/2022                   344.53      180      20     FL                   2/1/2007        Y                 170000                   2          0             344.53                                                                               33012          12/13/2006              2      TB0630_BALLOON                                   0            162000                                 0      95                        741           37.37     1YR                                                             0           0           0               0
     2503198715       2-4FAMILY                         4     OO        REFI                  Y                             6.625                6.625              825000                825000               2/1/2007              1/1/2037                  4554.69      360   58.93     CA                   2/1/2007        N                1400000                   1          3            4554.69                                                                               94704          12/11/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0   58.93                        649           34.23     2YR                                         1/1/2012            6           3           1               3
     2503198720       SFR                               1     OO        REFI                  Y                               7.5                  7.5               70000              69948.05               2/1/2007              1/1/2037                   489.45      360   17.95     CA                   2/1/2007        N                 390000                   1          0             489.45                                                                               90003          12/14/2006             17      PF2630_FIXEDRATE                                 0                 0                                 0   17.95                        638            17.9     NO-PREPAY                                                       0           0           0               0
     2503198737       2-4FAMILY                         3     OO        PURCHASE              N                               8.3                  8.3              483750                483750               2/1/2007              1/1/2037                  3345.94      360      75     NY                   2/1/2007        N                 645000                   1          3            3345.94                                                                               11206          12/11/2006              2      PA0605EI_ARM-INTONLY                             0            645000                            161250     100                        699           44.79     1YR                                         1/1/2012            6           3           1               3
     2503198748       2-4FAMILY                         2     NOO       PURCHASE              N                              7.75                 7.75              124500                124500               2/1/2007              1/1/2037                   804.06      360      75     GA                   2/1/2007        N                 166000                   1          3             804.06                                                                               30274           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            166000                             33200      95                        689           42.58     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198768       2-4FAMILY                         2     OO        REFI                  Y                              7.28                 7.28              410000                410000               2/1/2007              1/1/2037                  2487.33      360   68.34     FL                   2/1/2007        N                 600000                   1          3            2487.33                                                                               33145          12/11/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            190000     100                        648           37.77     3YR                                         1/1/2012            6           3           1               3
     2503198769       2-4FAMILY                         2     OO        REFI                  Y                             12.74                12.74              190000             189953.93               2/1/2007              1/1/2022                  2063.24      180   31.67     FL                   2/1/2007        Y                 600000                   2          0            2063.24                                                                               33145          12/11/2006              2      TB1630_BALLOON                                   0                 0                                 0     100                        648           37.77     3YR                                                             0           0           0               0
     2503198782       SFR                               1     OO        REFI                  N                             7.175                7.175              153750                153750               2/1/2007              1/1/2037                    919.3      360      75     CO                   2/1/2007        N                 205000                   1          3              919.3                                                                               80204          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             51250     100                        769           30.03     3YR                                         1/1/2012        4.815           3           1               3
     2503198807       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              471411                471411               2/1/2007              1/1/2037                  2651.69      360      80     CA                   2/1/2007        N                 589264                   1          3            2651.69                                                                               92584          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            589264                            117853     100                        664           51.24     3YR                                         1/1/2012            6           3           1               3
     2503198809       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              392000                392000               2/1/2007              1/1/2037                  2490.83      360      80     CA                   2/1/2007        N                 490000                   1          3            2490.83                                                                               91344           12/7/2006              2      PA0605EI_ARM-INTONLY                             0            490000                             73500      95                        728            47.5     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198810       SFR                               1     NOO       PURCHASE              N                             11.99                11.99               73500              73478.93               2/1/2007              1/1/2022                   755.46      180      15     CA                   2/1/2007        Y                 490000                   2          0             755.46                                                                               91344           12/7/2006              2      TB0630_BALLOON                                   0            490000                                 0      95                        728           47.64     NO-PREPAY                                                       0           0           0               0
     2503198832       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              275200                275200               2/1/2007              1/1/2037                  1490.67      360      80     CA                   2/1/2007        N                 344000                   1          3            1490.67                                                                               93930          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            344000                             68800     100                        643           37.16     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198840       SFR                               1     OO        REFI                  Y                             7.237                7.237              250750                250750               2/1/2007              1/1/2037                  1512.23      360      85     FL                   2/1/2007        N                 295000                   1      3.875            1512.23                                                                               33023          12/14/2006              2      PA1405EI_ARM-INTONLY                            22                 0                                 0      85                        640           45.75     3YR                                         1/1/2012            6           3           1           3.875
     2503198862       SFR                               1     NOO       REFI                  Y                              11.6                 11.6               85500              85446.28               1/1/2007             12/1/2021                   853.23      180   14.87     CA                   2/1/2007        Y                 575000                   2          0             853.23                                                                               93905           12/5/2006              2      TB0630_BALLOON                                   0                 0                                 0   89.22                        748           39.85     1YR                                                             0           0           0               0
     2503198895       2-4FAMILY                         4     OO        PURCHASE              N                              8.69                 8.69              462750                462750               2/1/2007              1/1/2037                  3351.08      360      75     NY                   2/1/2007        N                 630000                   1          3            3351.08                                                                               11207           12/5/2006              2      PA1605EI_ARM-INTONLY                             0            617000                            154250     100                        659           40.74     1YR                                         1/1/2012            6           3           1               3
     2503198902       2-4FAMILY                         4     OO        PURCHASE              N                             12.99                12.99              154250             154214.65               2/1/2007              1/1/2022                  1705.11      180      25     NY                   2/1/2007        Y                 630000                   2          0            1705.11                                                                               11207           12/5/2006              2      TB1630_BALLOON                                   0            617000                                 0     100                        659           40.74     NO-PREPAY                                                       0           0           0               0
     2503198938       SFR                               1     NOO       PURCHASE              N                             11.99                11.99               25600              25592.66               2/1/2007              1/1/2022                   263.13      180   20.02     IL                   2/1/2007        Y                 128000                   2          0             263.13                                                                               60064           12/4/2006              2      TB0630_BALLOON                                   0            127900                                 0      95                        790           48.19     NO-PREPAY                                                       0           0           0               0
     2503198949       SFR                               1     OO        PURCHASE              N                              6.45                 6.45              228000             227993.85               2/1/2007              1/1/2037                   1225.5      360      80     FL                   2/1/2007        N                 287000                   1          3             1225.5                                                                               34286          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            285000                             57000     100                        704            31.2     1YR                                         1/1/2012            6           3           1               3
     2503198967       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              399920                399920               2/1/2007              1/1/2037                  2166.23      360      80     CA                   2/1/2007        N                 499900                   1          3            2166.23                                                                               92557          12/18/2006              8      SA2605EI_ARM-INTONLY                             0            499900                                 0      80                        625               0     3YR                                         1/1/2012            6           3           1               3
     2503198979       CONDO                             1     OO        PURCHASE              N                              6.25                 6.25              140000             139867.17               2/1/2007              1/1/2037                      862      360   65.89     FL                   2/1/2007        N                 215000                   1          0                862                                                                               33063          12/11/2006              2      PF0630_FIXEDRATE                                 0            212500                                 0   65.89                        702            41.7     3YR                                                             0           0           0               0
     2503198982       2-4FAMILY                         2     NOO       PURCHASE              N                             6.817                6.817              562500                562500               2/1/2007              1/1/2037                  3195.47      360      75     NY                   2/1/2007        N                 750000                   1          3            3195.47                                                                               11368           12/4/2006              2      PA0605EI_ARM-INTONLY                             0            750000                            150000      95                        777           47.56     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503198983       2-4FAMILY                         2     NOO       PURCHASE              N                             12.79                12.79              150000             149964.04               2/1/2007              1/1/2022                  1634.71      180      20     NY                   2/1/2007        Y                 750000                   2          0            1634.71                                                                               11368           12/4/2006              2      TB0630_BALLOON                                   0            750000                                 0      95                        777           47.56     NO-PREPAY                                                       0           0           0               0
     2503198986       SFR                               1     OO        PURCHASE              N                             7.125                7.125              900000                900000               2/1/2007              1/1/2037                  5343.75      360      75     CA                   2/1/2007        N                1200000                   1      3.875            5343.75                                                                               91342          12/13/2006              2      PA1605EI_ARM-INTONLY                             0           1200000                            180000      90                        669           44.89     3YR                                         1/1/2012            6           3           1           3.875
     2503198987       SFR                               1     OO        PURCHASE              N                             11.75                11.75              180000             179945.56               2/1/2007              1/1/2022                  1816.94      180      15     CA                   2/1/2007        Y                1200000                   2          0            1816.94                                                                               91342          12/13/2006              2      TB1630_BALLOON                                   0           1200000                                 0      90                        669           44.89     1YR                                                             0           0           0               0
     2503198999       D-PUDS                            1     NOO       REFI                  N                              6.25                 6.25              149000                149000               2/1/2007              1/1/2037                   776.04      360   64.23     AZ                   2/1/2007        N                 232000                   1          3             776.04                                                                               85323           12/6/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   64.23                        692           28.06     3YR                                         1/1/2012            6           3           1               3
     2503199013       SFR                               1     OO        REFI                  Y                              6.65                 6.65              170000                170000               1/1/2007             12/1/2036                   942.08      360   74.57     AZ                   2/1/2007        N                 228000                   1          3             942.08                                                                               85031           12/5/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   74.57                        695           34.87     3YR                                        12/1/2011            6           3           1               3
     2503199020       SFR                               1     OO        REFI                  Y                              6.25                 6.25              160000                160000               2/1/2007              1/1/2037                   833.33      360   27.83     UT                   2/1/2007        N                 575000                   1          0             833.33                                                                               84109          12/20/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   27.83                        760           44.96     NO-PREPAY                                                       0           0           0               0
     2503199027       D-PUDS                            1     NOO       REFI                  Y                             7.125                7.125              153600                153600               2/1/2007              1/1/2037                      912      360      80     FL                   2/1/2007        N                 192000                   1          3                912                                                                               32935          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686           39.87     2YR                                         1/1/2012            6           3           1               3
     2503199038       SFR                               1     2ND       PURCHASE              N                               6.7                  6.7              187912                187912               2/1/2007              1/1/2037                  1049.18      360   74.41     CA                   2/1/2007        N                 252550                   1          3            1049.18                                                                               93257          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            252550                             50110   94.25                        747           44.28     3YR                                         1/1/2012            6           3           1               3
     2503199092       SFR                               1     NOO       REFI                  Y                               8.5                  8.5              184000                184000               2/1/2007              1/1/2037                  1303.33      360      80     FL                   2/1/2007        N                 230000                   1          4            1303.33                                                                               33009          12/12/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        667           44.16     3YR                                         1/1/2012            6           3           1               4
     2503199101       SFR                               1     OO        REFI                  Y                             11.99                11.99               31000              30982.13               1/1/2007             12/1/2021                   318.63      180      20     NC                   2/1/2007        Y                 155000                   2          0             318.63                                                                               27205           12/5/2006              2      TB1630_BALLOON                                   0                 0                                 0      95                        673           43.82     NO-PREPAY                                                       0           0           0               0
     2503199102       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              533600                533600               2/1/2007              1/1/2037                  2779.17      360      80     CA                   2/1/2007        N                 673000                   1      3.875            2779.17                                                                               93940          12/12/2006              2      PA0605EI_ARM-INTONLY                             0            667000                            133400     100                        691           46.38     2YR                                         1/1/2012            6           3           1           3.875
     2503199123       SFR                               1     OO        REFI                  N                               6.4                  6.4              599000                599000               2/1/2007              1/1/2037                  3194.67      360   63.86     CA                   2/1/2007        N                 938000                   1      3.875            3194.67                                                                               95014          12/18/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0   63.86                        625           30.32     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199138       2-4FAMILY                         2     NOO       REFI                  Y                              6.87                 6.87              168000                167900               2/1/2007              1/1/2037                    961.8      360      70     MN                   2/1/2007        N                 240000                   1          3              961.8                                                                               55106           12/1/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             48000      90                        725           37.42     3YR                                         1/1/2012            6           3           1               3
     2503199139       2-4FAMILY                         2     NOO       REFI                  Y                             12.99                12.99               48000                 47989               2/1/2007              1/1/2022                    530.6      180      20     MN                   2/1/2007        Y                 240000                   2          0              530.6                                                                               55106           12/1/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        725           37.42     NO-PREPAY                                                       0           0           0               0
     2503199148       SFR                               1     OO        PURCHASE              N                             11.24                11.24               95000               94935.4               1/1/2007             12/1/2021                   921.98      180      25     CA                   2/1/2007        Y                 430000                   2          0             921.98                                                                               94806           12/5/2006              2      TB1630_BALLOON                                   0            380000                                 0     100                        660           40.07     3YR                                                             0           0           0               0
     2503199156       SFR                               1     OO        REFI                  Y                              5.99                 5.99              257000                257000               2/1/2007              1/1/2037                  1282.86      360   68.54     CA                   2/1/2007        N                 375000                   1          3            1282.86                                                                               92551          12/20/2006             17      PA2605EI_ARM-INTONLY                             0                 0                                 0   68.54                        630           43.88     3YR                                         1/1/2012            6           3           1               3
     2503199158       2-4FAMILY                         3     NOO       REFI                  Y                              6.55                 6.55              252000             251774.39               2/1/2007              1/1/2037                  1601.11      360   45.82     CA                   2/1/2007        N                 550000                   1          0            1601.11                                                                               90042          12/14/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   45.82                        799           20.48     3YR                                                             0           0           0               0
     2503199166       D-PUDS                            1     OO        PURCHASE              N                             5.875                5.875              750000                750000               2/1/2007              1/1/2037                  3671.87      360    62.5     CA                   2/1/2007        N                1200000                   1          3            3671.87                                                                               91901          12/20/2006              2      PA0605EI_ARM-INTONLY                             0           1200000                            400000   95.84                        758           36.23     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199171       SFR                               1     NOO       PURCHASE              N                                 7                    7              129000             128894.26               2/1/2007              1/1/2037                   858.24      360      75     IL                   2/1/2007        N                 172000                   1          3             858.24                                                                               60085          12/22/2006              2      PA0605E_ARM                                      0            172000                             34400      95                        694           42.13     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199172       SFR                               1     NOO       PURCHASE              N                            12.425               12.425               34400              34391.04               2/1/2007              1/1/2022                   365.14      180      20     IL                   2/1/2007        Y                 172000                   2          0             365.14                                                                               60085          12/22/2006              2      TB0630_BALLOON                                   0            172000                                 0      95                        694           42.13     NO-PREPAY                                                       0           0           0               0
     2503199182       SFR                               1     OO        REFI                  Y                              6.25                 6.25              135000             134871.91               2/1/2007              1/1/2037                   831.22      360   42.19     OR                   2/1/2007        N                 320000                   1          0             831.22                                                                               97214          12/22/2006              1      PF2630_FIXEDRATE                                 0                 0                                 0   42.19                        638            32.2     3YR                                                             0           0           0               0
     2503199185       SFR                               1     NOO       REFI                  N                              6.05                 6.05              236250                236250               2/1/2007              1/1/2037                  1191.09      360      75     CA                   2/1/2007        N                 315000                   1          3            1191.09                                                                               95833          12/22/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      75                        735               0     3YR                                         1/1/2012            6           3           1               3
     2503199192       2-4FAMILY                         4     NOO       PURCHASE              N                              6.25                 6.25              468930                468930               2/1/2007              1/1/2037                  2442.34      360      70     CA                   2/1/2007        N                 680000                   1          3            2442.34                                                                               92551          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            669900                            100485      85                        719            29.8     3YR                                         1/1/2012            6           3           1               3
     2503199193       2-4FAMILY                         4     NOO       PURCHASE              N                            10.875               10.875              100485             100448.19               2/1/2007              1/1/2022                   947.46      180      15     CA                   2/1/2007        Y                 680000                   2          0             947.46                                                                               92551          12/15/2006              2      TB0630_BALLOON                                   0            669900                                 0      85                        719            29.8     3YR                                                             0           0           0               0
     2503199224       SFR                               1     OO        REFI                  Y                               6.5                  6.5              410000                410000               2/1/2007              1/1/2037                  2220.83      360   66.67     CA                   2/1/2007        N                 615000                   1      3.875            2220.83                                                                               95377          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   66.67                        654           45.17     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199250       PUD                               1     NOO       PURCHASE              N                             6.175                6.175              198450                198450               2/1/2007              1/1/2037                  1021.19      360      70     TX                   2/1/2007        N                 290000                   1          3            1021.19                                                                               77054          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            283500                             70875      95                        703           39.77     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199251       PUD                               1     NOO       PURCHASE              N                            12.375               12.375               70875              70851.71               2/1/2007              1/1/2022                   749.55      180      25     TX                   2/1/2007        Y                 290000                   2          0             749.55                                                                               77054          12/20/2006              2      TB0630_BALLOON                                   0            283500                                 0      95                        703           39.77     NO-PREPAY                                                       0           0           0               0
     2503199257       D-PUDS                            1     OO        REFI                  Y                               5.6                  5.6              300000             299999.63               2/1/2007              1/1/2037                     1400      360      60     NV                   2/1/2007        N                 500000                   1      3.875               1400                                                                               89148          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      60                        659           36.69     3YR                                         1/1/2012            6           3           1           3.875
     2503199260       2-4FAMILY                         2     OO        REFI                  Y                                 6                    6              350000             349651.57               2/1/2007              1/1/2037                  2098.43      360   64.82     CA                   2/1/2007        N                 540000                   1          0            2098.43                                                                               90022          12/14/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   64.82                        742           27.51     NO-PREPAY                                                       0           0           0               0
     2503199261       SFR                               1     OO        REFI                  Y                             6.375                6.375              326250                326250               2/1/2007              1/1/2037                   1733.2      360   74.66     CA                   2/1/2007        N                 437000                   1          0             1733.2                                                                               92335          12/18/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   74.66                        698           33.67     3YR                                                             0           0           0               0
     2503199263       PUD                               1     OO        PURCHASE              N                             6.625                6.625               77150                 77150               2/1/2007              1/1/2037                   425.93      360   74.98     CO                   2/1/2007        N                 115000                   1          3             425.93                                                                               80014           12/5/2006              2      PA1605EI_ARM-INTONLY                             0            102900                             25250   99.52                        666           40.17     1YR                                         1/1/2012        5.365           3           1               3
     2503199264       PUD                               1     OO        PURCHASE              N                             11.99                11.99               25250              25242.76               2/1/2007              1/1/2022                   259.53      180   24.54     CO                   2/1/2007        Y                 115000                   2          0             259.53                                                                               80014           12/5/2006              2      TB1630_BALLOON                                   0            102900                                 0   99.52                        666           39.41     NO-PREPAY                                                       0           0           0               0
     2503199265       SFR                               1     OO        PURCHASE              N                             6.875                6.875              311200                311200               2/1/2007              1/1/2037                  1782.92      360      80     CA                   2/1/2007        N                 390000                   1      3.875            1782.92                                                                               92553          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            389000                             77800     100                        644           44.85     3YR                                         1/1/2012            6           3           1           3.875
     2503199268       SFR                               1     NOO       REFI                  Y                             6.775                6.775              101250             101163.25               2/1/2007              1/1/2037                   658.39      360   72.12     FL                   2/1/2007        N                 140400                   1      3.875             658.39                                                                               33711           12/6/2006              7      SA0605E_ARM                                      0                 0                                 0   72.12                        691               0     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199272       SFR                               1     OO        REFI                  N                              6.25                 6.25              249000                249000               2/1/2007              1/1/2037                  1296.88      360      75     OR                   2/1/2007        N                 332000                   1          0            1296.88                                                                               97017          12/22/2006              2      PF0630I_FIX-INTONLY                              0                 0                             83000     100                        718           46.14     3YR                                                             0           0           0               0
     2503199279       2-4FAMILY                         2     OO        REFI                  Y                               6.5                  6.5              462000                462000               2/1/2007              1/1/2037                   2502.5      360   79.66     CA                   2/1/2007        N                 580000                   1        3.5             2502.5                                                                               90037          12/15/2006             17      PA0603EI_ARM-INTONLY                             0                 0                                 0   79.66                        705           35.64     3YR                                         1/1/2010            6           3           1             3.5
     2503199293       SFR                               1     OO        REFI                  Y                               6.5                  6.5              452000             451802.07               2/1/2007              1/1/2037                  2646.26      360      80     HI                   2/1/2007        Y                 565000                   1          3            2646.26                                                                               96779           12/8/2006              2      PL3605E_ARM-BALLOON                              0                 0                                 0      80                        616           49.87     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199303       SFR                               1     OO        PURCHASE              N                             11.99                11.99               77800              77777.69               2/1/2007              1/1/2022                   799.66      180      20     CA                   2/1/2007        Y                 390000                   2          0             799.66                                                                               92553          12/14/2006              2      TB1630_BALLOON                                   0            389000                                 0     100                        644           44.85     3YR                                                             0           0           0               0
     2503199313       2-4FAMILY                         2     NOO       PURCHASE              N                               7.2                  7.2              225000                225000               2/1/2007              1/1/2037                     1350      360      75     FL                   2/1/2007        N                 315000                   1          3               1350                                                                               33321           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            300000                             60000      95                        702            43.9     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199319       2-4FAMILY                         2     NOO       PURCHASE              N                             12.69                12.69               60000              59985.29               2/1/2007              1/1/2022                   649.21      180      20     FL                   2/1/2007        Y                 315000                   2          0             649.21                                                                               33321           12/8/2006              2      TB0630_BALLOON                                   0            300000                                 0      95                        702            43.9     NO-PREPAY                                                       0           0           0               0
     2503199320       SFR                               1     NOO       PURCHASE              N                             14.15                14.15               26000              25995.42               2/1/2007              1/1/2022                   311.16      180      20     IL                   2/1/2007        Y                 140000                   2          0             311.16                                                                               60123           12/8/2006              2      TB1630_BALLOON                                   0            130000                                 0      90                        671           47.62     NO-PREPAY                                                       0           0           0               0
     2503199322       CONDO                             1     NOO       PURCHASE              N                              7.25                 7.25              156700                156700               2/1/2007              1/1/2037                   946.73      360   79.99     FL                   2/1/2007        N                 209000                   1          3             946.73                                                                               33411          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            195900                             29385   94.99                        691           24.85     3YR                                         1/1/2012            6           3           1               3
     2503199323       CONDO                             1     NOO       PURCHASE              N                             13.25                13.25               29385                 29385               2/1/2007              1/1/2022                   324.46      180      15     FL                   2/1/2007        Y                 209000                   2          0             324.46                                                                               33411          12/13/2006              2      TB0630I_BALLOON-INTONLY                          0            195900                                 0   94.99                        691           24.85     NO-PREPAY                                                       0           0           0               0
     2503199334       SFR                               1     OO        REFI                  Y                               6.4                  6.4              227700             227490.12               2/1/2007              1/1/2037                  1424.28      360      66     WA                   2/1/2007        N                 345000                   1          0            1424.28                                                                               98003          12/22/2006             17      PF2630_FIXEDRATE                                 0                 0                                 0      66                        639           48.52     3YR                                                             0           0           0               0
     2503199338       SFR                               1     NOO       REFI                  Y                             6.125                6.125              350000                350000               2/1/2007              1/1/2037                  1786.46      360      50     CA                   2/1/2007        N                 700000                   1          3            1786.46                                                                               95437          12/19/2006              7      SA0605EI_ARM-INTONLY                             0                 0                                 0      50                        723               0     3YR                                         1/1/2012            6           3           1               3
     2503199347       SFR                               1     NOO       PURCHASE              N                              7.43                 7.43              101100                101100               2/1/2007              1/1/2037                   625.98      360    79.3     CA                   2/1/2007        N                 200000                   1          3             625.98                                                                               93304          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            127500                             20000   94.99                        716           35.06     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199348       2-4FAMILY                         4     NOO       PURCHASE              N                             7.125                7.125              318750                318750               2/1/2007              1/1/2037                  1892.58      360      75     MO                   2/1/2007        N                 425000                   1          0            1892.58                                                                               64133          12/21/2006              2      PF0630I_FIX-INTONLY                              0            425000                             63750      90                        727           19.28     3YR                                                             0           0           0               0
     2503199351       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              296250                296250               1/1/2007             12/1/2036                  1666.41      360      75     CA                   2/1/2007        N                 425000                   1          3            1666.41                                                                               92562           12/5/2006              2      PA1605EI_ARM-INTONLY                             0            395000                             98750     100                        650           47.18     NO-PREPAY                                  12/1/2011            6           3           1               3
     2503199358       2-4FAMILY                         4     NOO       PURCHASE              N                                11                   11               63750              63727.26               2/1/2007              1/1/2022                   607.11      180      15     MO                   2/1/2007        Y                 425000                   2          0             607.11                                                                               64133          12/21/2006              2      TB0630_BALLOON                                   0            425000                                 0      90                        727           19.28     3YR                                                             0           0           0               0
     2503199366       HI-RISE                           1     OO        REFI                  N                             7.375                7.375              240000                240000               2/1/2007              1/1/2037                     1475      360      75     IL                   2/1/2007        N                 320000                   1          3               1475                                                                               60657          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             48000      90                        654           49.08     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199377       SFR                               1     OO        REFI                  Y                             7.375                7.375              194400             194252.08               2/1/2007              1/1/2037                  1342.67      360      80     CA                   2/1/2007        N                 243000                   1          3            1342.67                                                                               95961          12/18/2006              2      PA3605E_ARM                                      0                 0                                 0      80                        602           37.08     3YR                                         1/1/2012            6           3           1               3
     2503199388       SFR                               1     NOO       PURCHASE              N                             12.75                12.75               20000              19995.16               2/1/2007              1/1/2022                   217.34      180   15.69     CA                   2/1/2007        Y                 150000                   2          0             217.34                                                                               93304          12/14/2006              2      TB0630_BALLOON                                   0            127500                                 0   94.99                        716           35.06     NO-PREPAY                                                       0           0           0               0
     2503199389       SFR                               1     OO        PURCHASE              N                             12.75                12.75               98750              98701.96               1/1/2007             12/1/2021                  1073.11      180      25     CA                   2/1/2007        Y                 425000                   2          0            1073.11                                                                               92562           12/5/2006              2      TB1630_BALLOON                                   0            395000                                 0     100                        650           47.18     NO-PREPAY                                                       0           0           0               0
     2503199392       CONDO                             1     OO        REFI                  N                              6.99                 6.99              129000             128894.05               2/1/2007              1/1/2037                   857.37      360   61.43     FL                   2/1/2007        N                 210000                   1          3             857.37                                                                               34209          12/20/2006              8      SA0605E_ARM                                      0                 0                                 0   61.43                        688               0     3YR                                         1/1/2012            6           3           1               3
     2503199437       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              223600                223600               1/1/2007             12/1/2036                  1257.75      360      80     CA                   2/1/2007        N                 290000                   1          3            1257.75                                                                               92345           12/4/2006              2      PA0605EI_ARM-INTONLY                             0            279500                             55900     100                        682           42.43     2YR                                        12/1/2011            6           3           1               3
     2503199461       CONDO                             1     NOO       PURCHASE              N                              6.55                 6.55              200000             199820.95               2/1/2007              1/1/2037                  1270.72      360      80     FL                   2/1/2007        N                 255000                   1          3            1270.72                                                                               33015           12/4/2006              8      SA0605E_ARM                                      0            250000                                 0      80                        785               0     3YR                                         1/1/2012            6           3           1               3
     2503199474       SFR                               1     NOO       REFI                  Y                              9.45                 9.45              650000                650000               2/1/2007              1/1/2037                  5118.75      360   78.79     CA                   2/1/2007        N                 825000                   1          3            5118.75                                                                               93730          12/11/2006              2      PA1602EI_ARM-INTONLY                             0                 0                            133750      95                        642           47.79     NO-PREPAY                                   1/1/2009            6           3           1               3
     2503199480       HI-RISE                           1     OO        PURCHASE              N                             7.375                7.375              200000             199847.82               2/1/2007              1/1/2037                  1381.35      360      80     FL                   2/1/2007        N                 250000                   1          3            1381.35                                                                               33126          12/29/2006              2      PA1605E_ARM                                      0            250000                             50000     100                        652           49.27     5YR                                         1/1/2012            6           3           1               3
     2503199485       D-PUDS                            1     OO        PURCHASE              N                               5.6                  5.6              124300             124180.07               2/1/2007              1/1/2037                   580.07      360   79.99     SC                   2/1/2007        N                 159000                   1          3             580.07                                                                               29349          12/22/2006             12      SA0605EI_ARM-INTONLY                             0            155400                                 0   79.99                        790           32.04     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199489       SFR                               1     OO        REFI                  Y                              5.99                 5.99              185000             184599.13               2/1/2007              1/1/2027                  1324.33      240   45.13     CA                   2/1/2007        N                 410000                   1          0            1324.33                                                                               92376          12/13/2006              2      PF0620_FIXEDRATE                                 0                 0                                 0   45.13                        728           39.65     3YR                                                             0           0           0               0
     2503199514       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              312000                312000               2/1/2007              1/1/2037                     1625      360      80     HI                   2/1/2007        N                 390000                   1          3               1625                                                                               96749          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            390000                             78000     100                        661           41.21     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199530       SFR                               1     OO        REFI                  Y                              7.37                 7.37              376000             375713.61               2/1/2007              1/1/2037                  2595.66      360      80     VA                   2/1/2007        N                 470000                   1          0            2595.66                                                                               22554          12/20/2006              2      PF1630_FIXEDRATE                                 0                 0                             94000     100                        667           42.68     3YR                                                             0           0           0               0
     2503199531       SFR                               1     OO        REFI                  Y                             6.875                6.875              540000             539546.33               2/1/2007              1/1/2037                  3547.42      360    67.5     IL                   2/1/2007        N                 800000                   1          0            3547.42                                                                               60070          12/13/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0    67.5                        729           28.74     NO-PREPAY                                                       0           0           0               0
     2503199557       D-PUDS                            1     OO        PURCHASE              N                               5.8                  5.8              279200                279200               2/1/2007              1/1/2037                  1349.47      360      80     CO                   2/1/2007        N                 349000                   1          3            1349.47                                                                               80634          12/15/2006              1      PA2605EI_ARM-INTONLY                             0            349000                             34900      90                        630           35.48     2YR                                         1/1/2012            6           3           1               3
     2503199568       SFR                               1     NOO       PURCHASE              N                             12.05                12.05               80000               79954.5               1/1/2007             12/1/2021                   825.97      180      20     IL                   2/1/2007        Y                 417500                   2          0             825.97                                                                               60712          11/30/2006              2      TB0630_BALLOON                                   0            400000                                 0      95                        785           29.89     NO-PREPAY                                                       0           0           0               0
     2503199575       SFR                               1     OO        REFI                  Y                              6.75                 6.75              130000              129817.8               2/1/2007              1/1/2037                   843.18      360   40.63     FL                   2/1/2007        N                 320000                   1          0             843.18                                                                               32951          12/20/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   40.63                        746           27.07     3YR                                                             0           0           0               0
     2503199577       SFR                               1     OO        REFI                  Y                               6.1                  6.1              166400                166400               2/1/2007              1/1/2037                   845.87      360      80     NV                   2/1/2007        N                 208000                   1          4             845.87                                                                               89030          12/11/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             24500   91.78                        734           50.43     3YR                                         1/1/2012            6           3           1               4
     2503199670       SFR                               1     OO        REFI                  N                                 6                    6              345000                345000               2/1/2007              1/1/2037                     1725      360      75     CA                   2/1/2007        N                 460000                   1      3.875               1725                                                                               95757          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        720           32.58     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199672       SFR                               1     OO        REFI                  Y                              6.99                 6.99              260000             259900.67               2/1/2007              1/1/2037                  1613.83      360   74.29     CA                   2/1/2007        Y                 350000                   1          3            1613.83                                                                               93535          12/18/2006              2      PL2605E_ARM-BALLOON                              0                 0                                 0   74.29                        620           41.44     3YR                                         1/1/2012            6           3           1               3
     2503199674       2-4FAMILY                         2     OO        PURCHASE              N                             7.455                7.455              179925                179925               2/1/2007              1/1/2037                  1117.78      360      75     CT                   2/1/2007        N                 240000                   1          3            1117.78                                                                               06051           12/4/2006              2      PA1605EI_ARM-INTONLY                             0            239900                             59975     100                        645            41.1     2YR                                         1/1/2012            6           3           1               3
     2503199676       SFR                               1     OO        REFI                  Y                               6.6                  6.6              532000                532000               2/1/2007              1/1/2037                     2926      360      80     CA                   2/1/2007        N                 665000                   1      3.875               2926                                                                               94555          12/14/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        708               0     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199677       2-4FAMILY                         2     OO        PURCHASE              N                             12.79                12.79               59975              59960.62               2/1/2007              1/1/2022                   653.61      180      25     CT                   2/1/2007        Y                 240000                   2          0             653.61                                                                               06051           12/4/2006              2      TB1630_BALLOON                                   0            239900                                 0     100                        645            41.1     2YR                                                             0           0           0               0
     2503199683       SFR                               1     OO        REFI                  Y                             6.375                6.375              284000                284000               2/1/2007              1/1/2037                  1508.75      360   51.36     CA                   2/1/2007        N                 553000                   1          0            1508.75                                                                               90301          12/13/2006              2      PF2630I_FIX-INTONLY                              0                 0                                 0   51.36                        628           32.07     3YR                                                             0           0           0               0
     2503199690       SFR                               1     OO        REFI                  Y                             6.725                6.725              140000             139878.87               2/1/2007              1/1/2037                   905.71      360   54.27     OR                   2/1/2007        N                 258000                   1          0             905.71                                                                               97444          12/28/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   54.27                        693           31.08     3YR                                                             0           0           0               0
     2503199698       D-PUDS                            1     OO        PURCHASE              N                              7.79                 7.79              447200                447200               2/1/2007              1/1/2037                  2903.07      360      80     CA                   2/1/2007        N                 559000                   1          3            2903.07                                                                               92555          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            559000                            111800     100                        663           42.91     1YR                                         1/1/2012            6           3           1               3
     2503199699       SFR                               1     OO        PURCHASE              N                               7.3                  7.3              552000                552000               2/1/2007              1/1/2037                     3358      360      80     CA                   2/1/2007        N                 690000                   1      3.875               3358                                                                               92802          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            690000                            138000     100                        661           46.05     2YR                                         1/1/2012            6           3           1           3.875
     2503199714       D-PUDS                            1     NOO       PURCHASE              N                                 6                    6              983125                983125               2/1/2007              1/1/2037                  4915.63      360      65     CA                   2/1/2007        N                1520000                   1          3            4915.63                                                                               92646          12/11/2006              2      PA0605EI_ARM-INTONLY                             0           1512500                                 0      65                        762            46.7     3YR                                         1/1/2012            6           3           1               3
     2503199731       SFR                               1     NOO       REFI                  Y                               7.5                  7.5              320000                320000               2/1/2007              1/1/2037                     2000      360      80     CA                   2/1/2007        N                 400000                   1          3               2000                                                                               92504          12/15/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        679             7.3     3YR                                         1/1/2012            6           3           1               3
     2503199732       CONDO                             1     OO        REFI                  Y                             7.025                7.025              247000             246798.53               2/1/2007              1/1/2037                  1647.45      360   67.68     CA                   2/1/2007        N                 365000                   1          3            1647.45                                                                               90604          12/27/2006              2      PA3605E_ARM                                      0                 0                                 0   67.68                        617           42.94     1YR                                         1/1/2012            6           3           1               3
     2503199741       SFR                               1     OO        REFI                  Y                              6.99                 6.99              200600             200435.25               2/1/2007              1/1/2037                  1333.25      360   71.65     IL                   2/1/2007        N                 280000                   1          3            1333.25                                                                               60402          12/18/2006              1      PA1605E_ARM                                      0                 0                                 0   71.65                        647           51.99     1YR                                         1/1/2012            6           3           1               3
     2503199745       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              240000                240000               2/1/2007              1/1/2037                     1350      360      80     CA                   2/1/2007        N                 300000                   1          3               1350                                                                               95987          12/13/2006              2      PA0605EI_ARM-INTONLY                             0            300000                             60000     100                        731           41.94     3YR                                         1/1/2012            6           3           1               3
     2503199752       CONDO                             1     OO        REFI                  N                              7.35                 7.35              212000             211926.83               2/1/2007              1/1/2037                  1371.67      360      80     HI                   2/1/2007        Y                 265000                   1          0            1371.67                                                                               96817          12/13/2006              2      PB0640_BALLOON                                   0                 0                             53000     100                        729           41.98     3YR                                                             0           0           0               0
     2503199756       HI-RISE                           1     OO        PURCHASE              N                              7.95                 7.95              496000                496000               2/1/2007              1/1/2037                     3286      360      80     FL                   2/1/2007        N                 625000                   1          3               3286                                                                               33312           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            620000                            124000     100                        696           45.74     3YR                                         1/1/2012            6           3           1               3
     2503199807       D-PUDS                            1     NOO       PURCHASE              N                             7.625                7.625              283500                283500               2/1/2007              1/1/2037                  1801.41      360      75     FL                   2/1/2007        N                 382000                   1          3            1801.41                                                                               32820          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            378000                             75600      95                        654           28.98     2YR                                         1/1/2012            6           3           1               3
     2503199808       SFR                               1     OO        REFI                  N                              6.35                 6.35              440000             439590.49               2/1/2007              1/1/2037                  2737.84      360   78.58     CA                   2/1/2007        N                 560000                   1      3.875            2737.84                                                                               94928          12/11/2006              2      PA0605E_ARM                                      0                 0                                 0   78.58                        681           39.96     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503199809       D-PUDS                            1     NOO       PURCHASE              N                             13.95                13.95               75600              75586.08               2/1/2007              1/1/2022                   892.77      180      20     FL                   2/1/2007        Y                 382000                   2          0             892.77                                                                               32820          12/14/2006              2      TB1630_BALLOON                                   0            378000                                 0      95                        654           28.98     2YR                                                             0           0           0               0
     2503199813       SFR                               1     OO        REFI                  Y                             6.375                6.375              600000                600000               2/1/2007              1/1/2037                   3187.5      360   60.61     CA                   2/1/2007        N                 990000                   1          0             3187.5                                                                               94110          12/29/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   60.61                        697           38.36     NO-PREPAY                                                       0           0           0               0
     2503199876       TOWNHOUSE                         1     OO        REFI                  N                                 7                    7              128000                128000               2/1/2007              1/1/2037                   746.67      360      80     IL                   2/1/2007        N                 160000                   1          0             746.67                                                                               60560          12/13/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        767           41.54     NO-PREPAY                                                       0           0           0               0
     2503199877       SFR                               1     OO        PURCHASE              N                              9.99                 9.99              408500             408435.21               2/1/2007              1/1/2037                  3465.55      360      95     NY                   2/1/2007        Y                 430000                   1          0            3465.55                                                                               11701          12/21/2006              2      PB2440_BALLOON                                  30            430000                                 0      95                        624           46.63     1YR                                                             0           0           0               0
     2503199885       SFR                               1     OO        PURCHASE              N                             5.859                5.859              107000             106890.58               2/1/2007              1/1/2037                   631.85      360   13.99     CA                   2/1/2007        N                 795000                   1          0             631.85                                                                               94553          12/13/2006              2      PF0630_FIXEDRATE                                 0            765000                                 0   13.99                        785           34.72     2YR                                                             0           0           0               0
     2503199896       SFR                               1     OO        PURCHASE              N                             6.425                6.425              320000                320000               2/1/2007              1/1/2037                  1713.33      360      80     CA                   2/1/2007        N                 400000                   1          4            1713.33                                                                               92557          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            400000                             80000     100                        719           39.13     3YR                                         1/1/2012            6           3           1               4
     2503199897       SFR                               1     NOO       PURCHASE              N                              6.37                 6.37              135000                135000               2/1/2007              1/1/2037                   716.63      360      75     TX                   2/1/2007        N                 180000                   1          3             716.63                                                                               79935          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            180000                             36000      95                        691           39.07     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199900       SFR                               1     OO        PURCHASE              N                             6.875                6.875              451200                451200               2/1/2007              1/1/2037                     2585      360      80     CA                   2/1/2007        N                 564000                   1          3               2585                                                                               91304          12/18/2006              2      PA1605EI_ARM-INTONLY                             0            564000                            112800     100                        640           38.02     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199901       SFR                               1     OO        REFI                  Y                             6.625                6.625              172000             171949.58               2/1/2007              1/1/2037                   949.58      360    68.8     AZ                   2/1/2007        N                 250000                   1          0             949.58                                                                               86004          12/18/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0    68.8                        714           24.18     5YR                                                             0           0           0               0
     2503199903       SFR                               1     OO        REFI                  N                              6.45                 6.45              528000                528000               2/1/2007              1/1/2037                     2838      360      80     CA                   2/1/2007        N                 660000                   1          3               2838                                                                               95037          12/13/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            132000     100                        682           42.49     3YR                                         1/1/2012            6           3           1               3
     2503199904       SFR                               1     OO        PURCHASE              N                              11.3                 11.3              138000             137953.92               2/1/2007              1/1/2022                  1345.58      180      20     CA                   2/1/2007        Y                 690000                   2          0            1345.58                                                                               92802          12/14/2006              2      TB1630_BALLOON                                   0            690000                                 0     100                        661           49.38     3YR                                                             0           0           0               0
     2503199907       SFR                               1     OO        REFI                  Y                             5.125                5.125              465000                465000               2/1/2007              1/1/2037                  1985.94      360   69.41     CA                   2/1/2007        N                 670000                   1          3            1985.94                                                                               94931            1/2/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   69.41                        687           36.52     3YR                                         1/1/2012            6           3           1               3
     2503199926       CONDO                             1     OO        REFI                  N                                 6                    6              300000                300000               2/1/2007              1/1/2037                     1500      360   76.93     CA                   2/1/2007        N                 390000                   1          3               1500                                                                               93933          12/18/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   76.93                        695           36.38     3YR                                         1/1/2012            6           3           1               3
     2503199938       D-PUDS                            1     OO        PURCHASE              N                             5.875                5.875              526000                526000               2/1/2007              1/1/2037                  2575.21      360      80     HI                   2/1/2007        N                 660000                   1          3            2575.21                                                                               96753          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            657500                            131500     100                        729           38.79     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199945       SFR                               1     NOO       PURCHASE              N                             12.65                12.65               36000              35991.09               2/1/2007              1/1/2022                   388.41      180      20     TX                   2/1/2007        Y                 180000                   2          0             388.41                                                                               79935          12/19/2006              2      TB0630_BALLOON                                   0            180000                                 0      95                        691           39.07     NO-PREPAY                                                       0           0           0               0
     2503199947       SFR                               1     NOO       REFI                  N                               7.3                  7.3              476000                476000               2/1/2007              1/1/2037                  2895.67      360      80     WA                   2/1/2007        N                 595000                   1          3            2895.67                                                                               98126            1/3/2007              2      PA0605EI_ARM-INTONLY                             0                 0                             89250      95                        703           37.13     1YR                                         1/1/2012            6           3           1               3
     2503199949       SFR                               1     OO        REFI                  N                              6.45                 6.45              487500                487500               2/1/2007              1/1/2037                  2620.31      360   76.66     CA                   2/1/2007        N                 636000                   1          3            2620.31                                                                               92880            1/3/2007              2      PA1605EI_ARM-INTONLY                             0                 0                             60000   86.09                        661           45.34     3YR                                         1/1/2012            6           3           1               3
     2503199966       SFR                               1     OO        REFI                  Y                              6.25                 6.25              600000                600000               2/1/2007              1/1/2037                     3125      360   68.19     CA                   2/1/2007        N                 880000                   1          3               3125                                                                               91335          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   68.19                        685           26.88     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503199980       CONDO                             1     NOO       PURCHASE              N                              7.99                 7.99              124150             124066.53               2/1/2007              1/1/2037                    910.1      360      80     IL                   2/1/2007        N                 155200                   1          0              910.1                                                                               60005          12/20/2006              2      PF1630_FIXEDRATE                                 0            155200                                 0      80                        642           44.81     NO-PREPAY                                                       0           0           0               0
     2503199995       SFR                               1     OO        REFI                  Y                               6.3                  6.3              320000                320000               2/1/2007              1/1/2037                     1680      360      80     CA                   2/1/2007        N                 400000                   1          3               1680                                                                               95322          12/12/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        670           40.03     3YR                                         1/1/2012            6           3           1               3
     2503200018       2-4FAMILY                         2     OO        REFI                  Y                               7.5                  7.5              400000                400000               2/1/2007              1/1/2037                     2500      360      80     IL                   2/1/2007        N                 500000                   1          3               2500                                                                               60653          12/28/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200025       SFR                               1     OO        PURCHASE              N                              6.95                 6.95              660000                660000               2/1/2007              1/1/2037                   3822.5      360      75     PA                   2/1/2007        N                 880000                   1          3             3822.5                                                                               18940          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            880000                            220000     100                        794           46.36     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200027       SFR                               1     NOO       REFI                  N                              8.25                 8.25              111200                111200               2/1/2007              1/1/2037                    764.5      360      80     FL                   2/1/2007        N                 139000                   1          3              764.5                                                                               33476          12/22/2006              7      SA1605EI_ARM-INTONLY                             0                 0                                 0      80                        677               0     3YR                                         1/1/2012            6           3           1               3
     2503200038       SFR                               1     OO        PURCHASE              N                                 6                    6              582400                582400               2/1/2007              1/1/2037                     2912      360      80     CA                   2/1/2007        N                 728000                   1          3               2912                                                                               94521           12/8/2006              2      PA0605EI_ARM-INTONLY                             0            728000                            145600     100                        720           41.95     2YR                                         1/1/2012            6           3           1               3
     2503200049       SFR                               1     OO        REFI                  N                               5.5                  5.5              163500                163500               2/1/2007              1/1/2037                   749.38      360    32.7     CA                   2/1/2007        N                 500000                   1          0             749.38                                                                               90744          12/26/2006              8      SF0630I_FIX-INTONLY                              0                 0                                 0    32.7                        793               0     2YR                                                             0           0           0               0
     2503200056       SFR                               1     NOO       REFI                  Y                              7.35                 7.35              320000             319889.56               2/1/2007              1/1/2037                  2070.44      360      80     CA                   2/1/2007        Y                 400000                   1          0            2070.44                                                                               95252          12/26/2006              2      PB0640_BALLOON                                   0                 0                             28000      87                        688           42.44     3YR                                                             0           0           0               0
     2503200061       CONDO                             1     OO        REFI                  N                                 6                    6              324000                324000               2/1/2007              1/1/2037                     1620      360      80     CA                   2/1/2007        N                 405000                   1          3               1620                                                                               95122          12/29/2006              2      PA2605EI_ARM-INTONLY                             0                 0                             30000   87.41                        622           50.27     3YR                                         1/1/2012            6           3           1               3
     2503200065       2-4FAMILY                         4     OO        PURCHASE              N                              8.79                 8.79              640000                640000               3/1/2007              2/1/2037                     4688      360      80     CA                   2/1/2007        N                 800000                   1          3               4688                                                                               90806           1/22/2007              2      PA0605EI_ARM-INTONLY                             0            800000                            160000     100                        721           45.56     3YR                                         2/1/2012            6           3           1               3
     2503200098       SFR                               1     OO        REFI                  Y                              5.99                 5.99              171000                171000               2/1/2007              1/1/2037                   853.58      360   67.06     OR                   2/1/2007        N                 255000                   1          0             853.58                                                                               97124          12/28/2006             15      SF0630I_FIX-INTONLY                              0                 0                                 0   67.06                        683               0     3YR                                                             0           0           0               0
     2503200106       SFR                               1     NOO       REFI                  Y                               5.7                  5.7              301000                301000               2/1/2007              1/1/2037                  1429.75      360      70     CA                   2/1/2007        N                 430000                   1          4            1429.75                                                                               96150          12/22/2006              1      PA0607EI_ARM-INTONLY                             0                 0                                 0      70                        718           16.69     3YR                                         1/1/2014            6           3           1               4
     2503200113       2-4FAMILY                         2     NOO       REFI                  Y                              5.99                 5.99              306500                306500               2/1/2007              1/1/2037                  1529.95      360   68.12     CA                   2/1/2007        N                 450000                   1          0            1529.95                                                                               95630          12/22/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   68.12                        718           17.32     3YR                                                             0           0           0               0
     2503200123       SFR                               1     OO        REFI                  N                              6.99                 6.99              208000                208000               2/1/2007              1/1/2037                   1211.6      360      80     CA                   2/1/2007        N                 260000                   1      3.875             1211.6                                                                               95961          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             52000     100                        714           43.97     3YR                                         1/1/2012            6           3           1           3.875
     2503200133       SFR                               1     OO        PURCHASE              N                              7.73                 7.73              128000             127960.36               2/1/2007              1/1/2037                   864.17      360      80     CO                   2/1/2007        Y                 160000                   1          3             864.17                                                                               80631          12/20/2006              2      PL0605E_ARM-BALLOON                              0            160000                             32000     100                        694           42.57     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200150       SFR                               1     NOO       PURCHASE              N                               7.4                  7.4              181211             180603.85               2/1/2007              1/1/2037                  1117.47      360      75     FL                   2/1/2007        N                 290000                   1          3            1117.47                                                                               34986            1/4/2007              2      PA1605EI_ARM-INTONLY                             0            241615                             24161      85                        670           48.16     3YR                                         1/1/2012            6           3           1               3
     2503200152       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              304000             303725.18               2/1/2007              1/1/2037                  1921.49      360      80     CA                   2/1/2007        N                 430000                   1          0            1921.49                                                                               90221          12/21/2006              2      PF0630_FIXEDRATE                                 0            380000                                 0      80                        696           42.71     NO-PREPAY                                                       0           0           0               0
     2503200155       SFR                               1     OO        REFI                  Y                             7.375                7.375              204800                204800               2/1/2007              1/1/2037                  1258.67      360      80     UT                   2/1/2007        N                 256000                   1          3            1258.67                                                                               84088          12/15/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             51200     100                        699           30.65     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200158       SFR                               1     OO        REFI                  N                             7.535                7.535              160800                160800               2/1/2007              1/1/2037                  1009.69      360      80     NV                   2/1/2007        N                 201000                   1          3            1009.69                                                                               89108          12/15/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             40200     100                        646           32.36     3YR                                         1/1/2012            6           3           1               3
     2503200160       SFR                               1     OO        REFI                  Y                               6.5                  6.5              267000                267000               2/1/2007              1/1/2037                  1446.25      360   86.13     CA                   2/1/2007        N                 310000                   1      3.625            1446.25                                                                               96002          12/15/2006              2      PA0405EI_ARM-INTONLY                            25                 0                                 0   86.13                        716           37.47     3YR                                         1/1/2012            6           3           1           3.625
     2503200181       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              328000                328000               2/1/2007              1/1/2037                     1845      360      80     CA                   2/1/2007        N                 430000                   1          3               1845                                                                               92337          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            410000                             82000     100                        699           34.15     1YR                                         1/1/2012            6           3           1               3
     2503200189       SFR                               1     OO        REFI                  Y                              6.75                 6.75              452000                452000               2/1/2007              1/1/2037                   2542.5      360      80     CA                   2/1/2007        N                 565000                   1          3             2542.5                                                                               90018          12/13/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        631           43.56     3YR                                         1/1/2012            6           3           1               3
     2503200191       SFR                               1     OO        REFI                  N                               5.5                  5.5              304000                304000               2/1/2007              1/1/2037                  1393.33      360   63.21     CA                   2/1/2007        N                 481000                   1          3            1393.33                                                                               92025          12/13/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   63.21                        749            22.5     2YR                                         1/1/2012            6           3           1               3
     2503200193       SFR                               1     OO        REFI                  N                             5.625                5.625              538000                538000               2/1/2007              1/1/2037                  2521.88      360   67.25     CA                   2/1/2007        N                 800000                   1      3.875            2521.88                                                                               94112          12/18/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   67.25                        718            42.2     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503200204       SFR                               1     OO        REFI                  Y                             7.125                7.125              265500                265500               2/1/2007              1/1/2037                  1576.41      360      75     NV                   2/1/2007        N                 354000                   1          3            1576.41                                                                               89169          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             88500     100                        692           37.02     1YR                                         1/1/2012            6           3           1               3
     2503200219       CONDO                             1     OO        PURCHASE              N                               8.4                  8.4              252000                252000               2/1/2007              1/1/2037                     1764      360      80     CA                   2/1/2007        N                 315000                   1          3               1764                                                                               93063          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            315000                             63000     100                        675           39.57     5YR                                         1/1/2012            6           3           1               3
     2503200236       CONDO                             1     OO        PURCHASE              N                             11.75                11.75               63000              62980.94               2/1/2007              1/1/2022                   635.93      180      20     CA                   2/1/2007        Y                 315000                   2          0             635.93                                                                               93063          12/14/2006              2      TB1630_BALLOON                                   0            315000                                 0     100                        675           39.57     3YR                                                             0           0           0               0
     2503200259       SFR                               1     OO        REFI                  Y                              6.99                 6.99              210000                210000               2/1/2007              1/1/2037                  1223.25      360   53.17     NY                   2/1/2007        N                 395000                   1          0            1223.25                                                                               11740          12/20/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   53.17                        656            43.4     1YR                                                             0           0           0               0
     2503200260       CONDO                             1     2ND       PURCHASE              N                              7.61                 7.61              135950                135950               2/1/2007              1/1/2037                   862.15      360   74.99     FL                   2/1/2007        N                 183000                   1          3             862.15                                                                               33401          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            181300                             36250   94.99                        655              50     3YR                                         1/1/2012            6           3           1               3
     2503200274       SFR                               1     NOO       PURCHASE              N                               6.5                  6.5              135000                135000               2/1/2007              1/1/2037                   731.25      360      75     CA                   2/1/2007        N                 198000                   1          3             731.25                                                                               93706          12/28/2006              2      PA0607EI_ARM-INTONLY                             0            180000                             36000      95                        686           40.41     1YR                                         1/1/2014            6           3           1               3
     2503200281       SFR                               1     NOO       PURCHASE              N                            12.375               12.375               36000              35990.53               2/1/2007              1/1/2022                   380.72      180      20     CA                   2/1/2007        Y                 198000                   2          0             380.72                                                                               93706          12/28/2006              2      TB0630_BALLOON                                   0            180000                                 0      95                        686           40.41     1YR                                                             0           0           0               0
     2503200285       SFR                               1     NOO       REFI                  N                              7.28                 7.28              117000                117000               2/1/2007              1/1/2037                    709.8      360      75     MN                   2/1/2007        N                 156000                   1          3              709.8                                                                               55411           12/4/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             23400      90                        668           29.28     3YR                                         1/1/2012            6           3           1               3
     2503200288       SFR                               1     NOO       PURCHASE              N                               8.8                  8.8              243000             242861.63               2/1/2007              1/1/2037                  1920.37      360      90     FL                   2/1/2007        N                 275000                   1          3            1920.37                                                                               34235            1/2/2007             17      PA0605E_ARM                                     30            270000                                 0      90                        746           43.18     1YR                                         1/1/2012            6           3           1               3
     2503200289       SFR                               1     NOO       REFI                  Y                             13.79                13.79               23400              23395.52               2/1/2007              1/1/2022                   273.38      180      15     MN                   2/1/2007        Y                 156000                   2          0             273.38                                                                               55411           12/4/2006              2      TB1630_BALLOON                                   0                 0                                 0      90                        668           29.28     NO-PREPAY                                                       0           0           0               0
     2503200302       SFR                               1     OO        REFI                  Y                             7.125                7.125              272000             271782.49               2/1/2007              1/1/2037                  1832.51      360   77.72     CA                   2/1/2007        N                 350000                   1          0            1832.51                                                                               92405          12/14/2006              2      PF2630_FIXEDRATE                                 0                 0                                 0   77.72                        623           36.59     3YR                                                             0           0           0               0
     2503200334       2-4FAMILY                         4     NOO       REFI                  N                              6.62                 6.62              430000                430000               2/1/2007              1/1/2037                  2372.17      360   69.92     CA                   2/1/2007        N                 615000                   1          3            2372.17                                                                               95350          12/20/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0   69.92                        728           41.86     NO-PREPAY                                   1/1/2014            6           3           1               3
     2503200342       D-PUDS                            1     OO        REFI                  N                              6.61                 6.61              256000                256000               2/1/2007              1/1/2037                  1410.13      360      80     NC                   2/1/2007        N                 320000                   1          3            1410.13                                                                               27265          12/15/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             64000     100                        667           43.51     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200357       SFR                               1     OO        PURCHASE              N                               6.3                  6.3              319920                319920               2/1/2007              1/1/2037                  1679.58      360      80     CA                   2/1/2007        N                 399900                   1          3            1679.58                                                                               95838          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            399900                             79980     100                        692           38.53     1YR                                         1/1/2012            6           3           1               3
     2503200364       SFR                               1     NOO       PURCHASE              N                             6.875                6.875              186450                186450               2/1/2007              1/1/2037                   1068.2      360      75     FL                   2/1/2007        N                 249000                   1          3             1068.2                                                                               33064          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            248600                             49700      95                        734            37.1     1YR                                         1/1/2012            6           3           1               3
     2503200366       D-PUDS                            1     OO        REFI                  N                              5.34                 5.34              900000                900000               2/1/2007              1/1/2037                     4005      360   51.43     CA                   2/1/2007        N                1750000                   1          3               4005                                                                               94539          12/29/2006              2      PA0603EI_ARM-INTONLY                             0                 0                                 0   51.43                        789           29.11     NO-PREPAY                                   1/1/2010            6           3           1               3
     2503200373       SFR                               1     NOO       PURCHASE              N                            12.525               12.525               49700              49687.35               2/1/2007              1/1/2022                   531.39      180      20     FL                   2/1/2007        Y                 249000                   2          0             531.39                                                                               33064          12/28/2006              2      TB0630_BALLOON                                   0            248600                                 0      95                        734           37.77     NO-PREPAY                                                       0           0           0               0
     2503200382       PUD                               1     OO        REFI                  N                              5.99                 5.99              363750                363750               2/1/2007              1/1/2037                  1815.72      360      75     CA                   2/1/2007        N                 485000                   1          3            1815.72                                                                               92840          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            121250     100                        699           44.94     3YR                                         1/1/2012            6           3           1               3
     2503200406       SFR                               1     OO        REFI                  Y                                 7                    7              203000             202833.61               2/1/2007              1/1/2037                  1350.56      360   62.47     CA                   2/1/2007        N                 325000                   1          0            1350.56                                                                               92404          12/19/2006              7      SF3630_FIXEDRATE                                 0                 0                                 0   62.47                        610               0     3YR                                                             0           0           0               0
     2503200439       SFR                               1     OO        REFI                  Y                              5.25                 5.25              520000                520000               2/1/2007              1/1/2037                     2275      360   54.74     CA                   2/1/2007        N                 950000                   1          3               2275                                                                               94112          12/27/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   54.74                        774           31.01     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200445       SFR                               1     OO        REFI                  N                             6.625                6.625              363750                363750               2/1/2007              1/1/2037                   2008.2      360      75     CA                   2/1/2007        N                 485000                   1          3             2008.2                                                                               90650          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            121250     100                        666           44.78     2YR                                         1/1/2012            6           3           1               3
     2503200449       SFR                               1     OO        PURCHASE              N                             5.975                5.975              480000             479519.87               2/1/2007              1/1/2037                  2870.13      360      80     CA                   2/1/2007        N                 600000                   1          0            2870.13                                                                               90640          12/29/2006              8      SF2630_FIXEDRATE                                 0            610000                                 0      80                        624               0     NO-PREPAY                                                       0           0           0               0
     2503200458       SFR                               1     NOO       PURCHASE              N                              8.92                 8.92               70000                 69961               2/1/2007              1/1/2037                   559.21      360   89.75     IL                   2/1/2007        N                  78000                   1          3             559.21                                                                               60033          12/18/2006              2      PA0605E_ARM                                     30             78000                                 0   89.75                        687           48.13     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200459       SFR                               1     OO        REFI                  Y                              5.99                 5.99              195000             194805.51               2/1/2007              1/1/2037                  1167.87      360      52     CA                   2/1/2007        N                 375000                   1          0            1167.87                                                                               90011          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      52                        753           32.51     3YR                                                             0           0           0               0
     2503200460       2-4FAMILY                         2     NOO       PURCHASE              N                             7.125                7.125              428000                427800               2/1/2007              1/1/2037                  2541.25      360      80     CA                   2/1/2007        N                 535000                   1          3            2541.25                                                                               90255            1/5/2007             17      PA0605EI_ARM-INTONLY                             0            535000                                 0      80                        738           39.43     3YR                                         1/1/2012            6           3           1               3
     2503200463       CONDO                             1     NOO       PURCHASE              N                             6.695                6.695              254925                254925               2/1/2007              1/1/2037                  1422.27      360      75     CA                   2/1/2007        N                 355000                   1          4            1422.27                                                                               90755          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            339900                             50985      90                        719           42.23     2YR                                         1/1/2012            6           3           1               4
     2503200464       CONDO                             1     NOO       PURCHASE              N                             12.39                12.39               50985              50971.63               2/1/2007              1/1/2022                   539.79      180      15     CA                   2/1/2007        Y                 355000                   2          0             539.79                                                                               90755          12/22/2006              2      TB0630_BALLOON                                   0            339900                                 0      90                        719           42.23     2YR                                                             0           0           0               0
     2503200513       SFR                               1     OO        PURCHASE              N                             7.255                7.255              187500                187500               2/1/2007              1/1/2037                  1133.59      360      75     FL                   2/1/2007        N                 252000                   1      3.875            1133.59                                                                               33009          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            250000                             62500     100                        703           38.29     3YR                                         1/1/2012            6           3           1           3.875
     2503200532       SFR                               1     OO        REFI                  N                                 7                    7              279000                279000               2/1/2007              1/1/2037                   1627.5      360   88.58     CA                   2/1/2007        N                 315000                   1          0             1627.5                                                                               95240            1/3/2007              2      PF2430I_FIX-INTONLY                             25                 0                                 0   88.58                        634            46.7     3YR                                                             0           0           0               0
     2503200533       SFR                               1     OO        REFI                  Y                             6.634                6.634              170500                170500               2/1/2007              1/1/2037                   942.58      360    77.5     NV                   2/1/2007        N                 220000                   1      3.875             942.58                                                                               89101          12/14/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    77.5                        685           35.09     3YR                                         1/1/2012            6           3           1           3.875
     2503200543       D-PUDS                            1     NOO       PURCHASE              N                              12.8                 12.8               51000               50987.8               2/1/2007              1/1/2022                    556.2      180      20     CO                   2/1/2007        Y                 260000                   2          0              556.2                                                                               80634          12/12/2006              2      TB0630_BALLOON                                   0            255000                                 0      95                        699           37.37     NO-PREPAY                                                       0           0           0               0
     2503200544       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              379200                379200               2/1/2007              1/1/2037                     1975      360      80     CA                   2/1/2007        N                 475000                   1          3               1975                                                                               91701          12/11/2006              2      PA0605EI_ARM-INTONLY                             0            474000                             94800     100                        741           42.09     2YR                                         1/1/2012            6           3           1               3
     2503200547       SFR                               1     OO        REFI                  Y                                 6                    6              630000                630000               2/1/2007              1/1/2037                     3150      360   56.76     CA                   2/1/2007        N                1110000                   1       3.45               3150                                                                               91325          12/22/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0   56.76                        755           34.65     NO-PREPAY                                   1/1/2014            6           3           1            3.45
     2503200551       SFR                               1     OO        REFI                  N                             6.375                6.375              327000             326697.14               2/1/2007              1/1/2037                  2040.05      360   71.09     CA                   2/1/2007        N                 460000                   1          0            2040.05                                                                               92503          12/14/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   71.09                        704           38.97     NO-PREPAY                                                       0           0           0               0
     2503200566       SFR                               1     OO        PURCHASE              N                               5.8                  5.8              296000                296000               2/1/2007              1/1/2037                  1430.67      360      80     CA                   2/1/2007        N                 370000                   1          0            1430.67                                                                               93657          12/15/2006              1      PF0630I_FIX-INTONLY                              0            370000                                 0      80                        711           43.69     3YR                                                             0           0           0               0
     2503200575       SFR                               1     NOO       REFI                  N                                 8                    8              186350                186350               2/1/2007              1/1/2037                  1242.33      360   74.99     IL                   2/1/2007        N                 248500                   1          3            1242.33                                                                               60629          12/18/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             37250   89.98                        652            33.5     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200577       SFR                               1     OO        REFI                  Y                               6.6                  6.6              212500                212500               2/1/2007              1/1/2037                  1168.75      360      85     CA                   2/1/2007        N                 250000                   1          4            1168.75                                                                               93203          12/20/2006             17      PA2405EI_ARM-INTONLY                            22                 0                                 0      85                        631           42.91     2YR                                         1/1/2012            6           3           1               4
     2503200582       SFR                               1     NOO       REFI                  Y                              6.69                 6.69              305500                305500               2/1/2007              1/1/2037                  1703.16      360   40.74     CA                   2/1/2007        N                 750000                   1          0            1703.16                                                                               94134          12/29/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   40.74                        686           50.87     2YR                                                             0           0           0               0
     2503200584       HI-RISE                           1     NOO       REFI                  N                              6.25                 6.25              243750                243750               2/1/2007              1/1/2037                  1269.53      360      75     CA                   2/1/2007        N                 325000                   1          3            1269.53                                                                               92101          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      75                        773           14.77     1YR                                         1/1/2012            6           3           1               3
     2503200589       SFR                               1     NOO       REFI                  Y                              12.2                 12.2               37250              37239.81               2/1/2007              1/1/2022                    388.9      180   14.99     IL                   2/1/2007        Y                 248500                   2          0              388.9                                                                               60629          12/18/2006              2      TB1630_BALLOON                                   0                 0                                 0   89.98                        652            33.5     NO-PREPAY                                                       0           0           0               0
     2503200607       D-PUDS                            1     NOO       PURCHASE              N                               6.9                  6.9              163650                163650               2/1/2007              1/1/2037                   940.99      360      75     FL                   2/1/2007        N                 240000                   1          3             940.99                                                                               33928          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            218225                             43600   94.98                        793            31.4     2YR                                         1/1/2012            6           3           1               3
     2503200608       D-PUDS                            1     NOO       PURCHASE              N                             11.75                11.75               43600              43586.82               2/1/2007              1/1/2022                    440.1      180   19.98     FL                   2/1/2007        Y                 240000                   2          0              440.1                                                                               33928          12/20/2006              2      TB0630_BALLOON                                   0            218225                                 0   94.98                        793            31.4     2YR                                                             0           0           0               0
     2503200612       SFR                               1     OO        PURCHASE              N                              8.42                 8.42              116000             115928.56               2/1/2007              1/1/2037                   885.37      360      80     MI                   2/1/2007        N                 145000                   1          3             885.37                                                                               48076          12/22/2006              2      PA1605E_ARM                                      0            145000                             29000     100                        650           49.92     3YR                                         1/1/2012            6           3           1               3
     2503200618       SFR                               1     OO        REFI                  Y                               6.5                  6.5              532000                532000               2/1/2007              1/1/2037                  2881.67      360   73.89     CA                   2/1/2007        N                 720000                   1          3            2881.67                                                                               95131          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   73.89                        725           33.48     3YR                                         1/1/2012            6           3           1               3
     2503200626       SFR                               1     OO        REFI                  N                              6.45                 6.45              328500                328500               2/1/2007              1/1/2037                  1765.69      360      75     CA                   2/1/2007        N                 438000                   1          3            1765.69                                                                               92071          12/26/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             87600      95                        641           47.75     3YR                                         1/1/2012            6           3           1               3
     2503200634       SFR                               1     OO        PURCHASE              N                             6.175                6.175              348000                348000               2/1/2007              1/1/2037                  1790.75      360      80     CA                   2/1/2007        N                 485000                   1          3            1790.75                                                                               93906           12/7/2006              2      PA1605EI_ARM-INTONLY                             0            435000                             87000     100                        651           43.57     2YR                                         1/1/2012            6           3           1               3
     2503200638       SFR                               1     OO        REFI                  Y                             6.375                6.375              480000             479555.42               2/1/2007              1/1/2037                  2994.58      360   68.58     CA                   2/1/2007        N                 700000                   1          0            2994.58                                                                               90713          12/18/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   68.58                        740           28.47     NO-PREPAY                                                       0           0           0               0
     2503200639       SFR                               1     OO        PURCHASE              N                            12.225               12.225               87000              86976.32               2/1/2007              1/1/2022                   909.99      180      20     CA                   2/1/2007        Y                 485000                   2          0             909.99                                                                               93906           12/7/2006              2      TB1630_BALLOON                                   0            435000                                 0     100                        651           43.99     3YR                                                             0           0           0               0
     2503200642       SFR                               1     OO        REFI                  N                               5.8                  5.8              204800                204800               2/1/2007              1/1/2037                   989.87      360      80     AZ                   2/1/2007        N                 256000                   1      3.875             989.87                                                                               85032          12/20/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             38400      95                        683            49.9     3YR                                         1/1/2012            6           3           1           3.875
     2503200644       SFR                               1     OO        PURCHASE              N                             7.375                7.375              624000                624000               2/1/2007              1/1/2037                     3835      360      80     CA                   2/1/2007        N                 780000                   1          3               3835                                                                               94014          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            780000                            156000     100                        665           38.76     1YR                                         1/1/2012            6           3           1               3
     2503200679       SFR                               1     OO        REFI                  N                              5.99                 5.99              362500             358306.87               2/1/2007              1/1/2037                  1809.48      360   51.79     CA                   2/1/2007        N                 700000                   1          0            1809.48                                                                               93907          12/20/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   51.79                        729           41.93     NO-PREPAY                                                       0           0           0               0
     2503200686       CONDO                             1     OO        PURCHASE              N                              6.99                 6.99              188000             187845.59               2/1/2007              1/1/2037                  1249.51      360      80     CA                   2/1/2007        N                 235000                   1          3            1249.51                                                                               95687          12/20/2006              2      PA0605E_ARM                                      0            235000                             47000     100                        750           43.01     3YR                                         1/1/2012            6           3           1               3
     2503200690       D-PUDS                            1     NOO       PURCHASE              N                               6.5                  6.5              388100                388100               2/1/2007              1/1/2037                  2102.21      360      75     FL                   2/1/2007        N                 535000                   1          3            2102.21                                                                               33437            1/2/2007              2      PA0605EI_ARM-INTONLY                             0            517511                             77650      90                        704           44.13     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200707       2-4FAMILY                         3     OO        PURCHASE              N                               8.8                  8.8              487500                487500               3/1/2007              2/1/2037                     3575      360      75     NY                   2/1/2007        N                 650000                   1          3               3575                                                                               11221            1/3/2007              2      PA1605EI_ARM-INTONLY                             0            650000                            162500     100                        672           46.93     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503200708       D-PUDS                            1     OO        REFI                  N                             5.625                5.625              579200                579200               2/1/2007              1/1/2037                     2715      360      80     VA                   2/1/2007        N                 724000                   1          3               2715                                                                               22079          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            144800     100                        655            38.8     2YR                                         1/1/2012            6           3           1               3
     2503200711       SFR                               1     2ND       REFI                  Y                              5.75                 5.75              171400                171400               2/1/2007              1/1/2037                   821.29      360   42.33     CA                   2/1/2007        N                 405000                   1          3             821.29                                                                               92234            1/3/2007              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   42.33                        743           30.32     3YR                                         1/1/2012            6           3           1               3
     2503200727       D-PUDS                            1     OO        REFI                  N                               5.8                  5.8              557000                557000               2/1/2007              1/1/2037                  2692.17      360   60.55     CA                   2/1/2007        N                 920000                   1          3            2692.17                                                                               94587          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   60.55                        771           36.15     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200730       D-PUDS                            1     NOO       REFI                  Y                               6.5                  6.5              543100                543100               2/1/2007              1/1/2037                  2941.79      360   74.92     CA                   2/1/2007        N                 725000                   1          3            2941.79                                                                               94590          12/18/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   74.92                        763               0     3YR                                         1/1/2012            6           3           1               3
     2503200734       SFR                               1     OO        REFI                  Y                             6.365                6.365              192800                192800               2/1/2007              1/1/2037                  1022.64      360      80     CA                   2/1/2007        N                 241000                   1          3            1022.64                                                                               95531          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        664           29.24     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200738       SFR                               1     OO        REFI                  N                               6.5                  6.5              380000                380000               2/1/2007              1/1/2037                  2058.33      360      80     CA                   2/1/2007        N                 475000                   1          3            2058.33                                                                               91701          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             47500      90                        687            40.7     3YR                                         1/1/2012            6           3           1               3
     2503200750       D-PUDS                            1     OO        REFI                  Y                              6.99                 6.99              333000              332793.5               2/1/2007              1/1/2037                  1939.73      360      90     NV                   2/1/2007        N                 370000                   1          0            1939.73                                                                               89074          12/18/2006              1      PF0430I_FIX-INTONLY                             25                 0                                 0      90                        751            40.4     1YR                                                             0           0           0               0
     2503200771       SFR                               1     OO        PURCHASE              N                             6.625                6.625              270000                270000               2/1/2007              1/1/2037                  1490.63      360      75     FL                   2/1/2007        N                 365000                   1          3            1490.63                                                                               33309          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            360000                             90000     100                        759           41.56     2YR                                         1/1/2012            6           3           1               3
     2503200794       SFR                               1     OO        REFI                  Y                              7.75                 7.75              480000             479661.22               2/1/2007              1/1/2037                  3438.78      360   73.19     FL                   2/1/2007        N                 655900                   1          0            3438.78                                                                               32137          12/18/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0   73.19                        669               0     3YR                                                             0           0           0               0
     2503200804       SFR                               1     OO        REFI                  Y                              6.89                 6.89              255000             254899.81               2/1/2007              1/1/2037                  1564.32      360   68.55     FL                   2/1/2007        Y                 372000                   1          3            1564.32                                                                               33125          12/27/2006             17      PL1605E_ARM-BALLOON                              0                 0                                 0   68.55                        674           49.19     3YR                                         1/1/2012            6           3           1               3
     2503200827       D-PUDS                            1     NOO       REFI                  Y                              5.75                 5.75              370000             369999.92               2/1/2007              1/1/2037                  1772.92      360   59.88     CA                   2/1/2007        N                 618000                   1          3            1772.92                                                                               91915          12/22/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   59.88                        786           47.64     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200834       SFR                               1     OO        PURCHASE              N                               8.1                  8.1              304000                304000               2/1/2007              1/1/2037                     2052      360      80     CA                   2/1/2007        N                 380000                   1      3.875               2052                                                                               92395          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            380000                             76000     100                        707           42.05     1YR                                         1/1/2012            6           3           1           3.875
     2503200835       SFR                               1     OO        REFI                  Y                              6.75                 6.75               96000              95917.35               2/1/2007              1/1/2037                   622.65      360      50     FL                   2/1/2007        N                 192000                   1          0             622.65                                                                               33023          12/26/2006              1      PF2630_FIXEDRATE                                 0                 0                                 0      50                        634           35.94     1YR                                                             0           0           0               0
     2503200843       SFR                               1     OO        REFI                  Y                              5.25                 5.25              620000                620000               2/1/2007              1/1/2037                   2712.5      360   63.27     CA                   2/1/2007        N                 980000                   1          3             2712.5                                                                               94044          12/26/2006             17      PA0605EI_ARM-INTONLY                             0                 0                                 0   63.27                        717           38.99     3YR                                         1/1/2012            6           3           1               3
     2503200852       2-4FAMILY                         4     OO        PURCHASE              N                              7.99                 7.99              341250             341020.57               2/1/2007              1/1/2037                  2501.59      360      75     CA                   2/1/2007        N                 455000                   1          0            2501.59                                                                               93305          12/20/2006              2      PF1630_FIXEDRATE                                 0            455000                            113750     100                        668           35.19     3YR                                                             0           0           0               0
     2503200862       SFR                               1     OO        PURCHASE              N                              5.75                 5.75              560000                560000               2/1/2007              1/1/2037                  2683.33      360      80     CA                   2/1/2007        N                 755000                   1          3            2683.33                                                                               93906          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            700000                                 0      80                        715           29.84     2YR                                         1/1/2012            6           3           1               3
     2503200865       SFR                               1     OO        REFI                  N                              5.75                 5.75              240000                240000               2/1/2007              1/1/2037                     1150      360   61.54     OR                   2/1/2007        N                 390000                   1       3.25               1150                                                                               97062          12/26/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   61.54                        821           26.09     1YR                                         1/1/2012            6           3           1            3.25
     2503200872       SFR                               1     OO        REFI                  Y                             7.125                7.125              276000                276000               2/1/2007              1/1/2037                  1638.75      360      80     CA                   2/1/2007        N                 345000                   1          4            1638.75                                                                               92374          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             48300      94                        658           28.02     3YR                                         1/1/2012            6           3           1               4
     2503200875       HI-RISE                           1     NOO       PURCHASE              N                              6.75                 6.75              200000                200000               2/1/2007              1/1/2037                     1125      360      80     HI                   2/1/2007        N                 250000                   1          4               1125                                                                               96822          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            250000                             37500      95                        771           47.64     NO-PREPAY                                   1/1/2012            6           3           1               4
     2503200891       2-4FAMILY                         4     NOO       REFI                  N                               5.5                  5.5              635000                635000               2/1/2007              1/1/2037                  2910.42      360   30.61     CA                   2/1/2007        N                2075000                   1          3            2910.42                                                                               90211          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   30.61                        697           15.44     2YR                                         1/1/2012            6           3           1               3
     2503200910       SFR                               1     OO        REFI                  N                              5.82                 5.82              480000                480000               2/1/2007              1/1/2037                     2328      360      80     CA                   2/1/2007        N                 600000                   1          3               2328                                                                               95122          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             78000      93                        742            44.7     2YR                                         1/1/2012            6           3           1               3
     2503200918       SFR                               1     OO        REFI                  Y                              6.55                 6.55              322000                322000               2/1/2007              1/1/2037                  1757.58      360      70     CA                   2/1/2007        N                 460000                   1          3            1757.58                                                                               90047          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      70                        674           54.94     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503200925       SFR                               1     OO        PURCHASE              N                              6.99                 6.99              163600                163600               2/1/2007              1/1/2037                   952.97      360      80     FL                   2/1/2007        N                 204500                   1          3             952.97                                                                               32164          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            204500                             40900     100                        640            41.8     3YR                                         1/1/2012            6           3           1               3
     2503200930       CONDO                             1     NOO       PURCHASE              N                               6.5                  6.5               94400                 94400               2/1/2007              1/1/2037                   511.33      360   69.98     FL                   2/1/2007        N                 135000                   1          3             511.33                                                                               33916          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            134900                             33700   94.96                        720           41.76     5YR                                         1/1/2012            6           3           1               3
     2503200935       HI-RISE                           1     OO        REFI                  Y                             6.125                6.125             1075000               1075000               2/1/2007              1/1/2037                  5486.98      360   67.19     CA                   2/1/2007        N                1600000                   1          0            5486.98                                                                               94109          12/22/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   67.19                        755           30.88     3YR                                                             0           0           0               0
     2503200952       HI-RISE                           1     NOO       PURCHASE              N                              6.75                 6.75              424400                424400               2/1/2007              1/1/2037                  2387.25      360      75     FL                   2/1/2007        N                 595000                   1          3            2387.25                                                                               33019          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            565900                            113200      95                        721           32.02     3YR                                         1/1/2012            6           3           1               3
     2503200957       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              106000             105904.18               2/1/2007              1/1/2037                   669.99      360   48.19     RI                   2/1/2007        N                 220000                   1          0             669.99                                                                               02860          12/29/2006             17      PF0630_FIXEDRATE                                 0                 0                                 0   48.19                        733           47.94     1YR                                                             0           0           0               0
     2503200959       HI-RISE                           1     NOO       PURCHASE              N                             12.65                12.65              113200             113171.99               2/1/2007              1/1/2022                  1221.33      180   20.01     FL                   2/1/2007        Y                 595000                   2          0            1221.33                                                                               33019          12/29/2006              2      TB0630_BALLOON                                   0            565900                                 0      95                        721           32.02     NO-PREPAY                                                       0           0           0               0
     2503200964       SFR                               1     OO        REFI                  N                             6.375                6.375              571000                571000               2/1/2007              1/1/2037                  3033.44      360   79.31     CA                   2/1/2007        N                 720000                   1          4            3033.44                                                                               94124          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.31                        679           48.23     NO-PREPAY                                   1/1/2012            6           3           1               4
     2503200965       SFR                               1     NOO       REFI                  Y                              5.75                 5.75              245550             244687.52               2/1/2007              1/1/2022                  2039.07      180   70.16     WA                   2/1/2007        N                 350000                   1          0            2039.07                                                                               98118          12/28/2006              8      SF2615_FIXEDRATE                                 0                 0                                 0   70.16                        639               0     NO-PREPAY                                                       0           0           0               0
     2503200987       SFR                               1     OO        REFI                  N                              6.75                 6.75              180000                180000               2/1/2007              1/1/2037                   1012.5      360   74.39     IL                   2/1/2007        N                 242000                   1          4             1012.5                                                                               60101          12/27/2006              1      PA0605EI_ARM-INTONLY                             0                 0                             55200   97.19                        701           46.28     NO-PREPAY                                   1/1/2012            6           3           1               4
     2503201008       CONDO                             1     NOO       PURCHASE              N                             5.875                5.875              115400                115400               2/1/2007              1/1/2037                   564.98      360   69.99     FL                   2/1/2007        N                 165000                   1          3             564.98                                                                               33712          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            164900                             41200   94.97                        724            44.9     5YR                                         1/1/2012            6           3           1               3
     2503201024       D-PUDS                            1     NOO       PURCHASE              N                             7.925                7.925               90400                 90400               2/1/2007              1/1/2037                   597.02      360      80     TX                   2/1/2007        N                 125000                   1          3             597.02                                                                               77066          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            113000                                 0      80                        659           19.49     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201025       D-PUDS                            1     OO        PURCHASE              N                              6.86                 6.86              482800                482800               2/1/2007              1/1/2037                  2760.01      360      80     VA                   2/1/2007        N                 700000                   1          3            2760.01                                                                               20105          12/13/2006              2      PA1605EI_ARM-INTONLY                             0            603500                            120700     100                        642           46.52     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201029       D-PUDS                            1     OO        PURCHASE              N                             12.75                12.75              120700              120670.8               2/1/2007              1/1/2022                  1311.64      180      20     VA                   2/1/2007        Y                 700000                   2          0            1311.64                                                                               20105          12/13/2006              2      TB1630_BALLOON                                   0            603500                                 0     100                        642           46.52     NO-PREPAY                                                       0           0           0               0
     2503201030       CONDO                             1     OO        PURCHASE              N                              7.31                 7.31              105000             104919.07               2/1/2007              1/1/2037                   720.56      360   60.91     FL                   2/1/2007        N                 175000                   1          0             720.56                                                                               33193          12/29/2006              2      PF1630_FIXEDRATE                                 0            172400                                 0   60.91                        657           42.91     2YR                                                             0           0           0               0
     2503201031       SFR                               1     NOO       REFI                  Y                              7.25                 7.25              269500                269500               2/1/2007              1/1/2037                  1628.23      360      70     CA                   2/1/2007        N                 385000                   1          0            1628.23                                                                               92507          12/29/2006              7      SF1630I_FIX-INTONLY                              0                 0                                 0      70                        659               0     2YR                                                             0           0           0               0
     2503201047       SFR                               1     OO        REFI                  Y                             6.125                6.125              130000             129873.65               2/1/2007              1/1/2037                   789.89      360   54.17     CA                   2/1/2007        N                 240000                   1          0             789.89                                                                               95820          12/22/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   54.17                        683           43.12     3YR                                                             0           0           0               0
     2503201063       HI-RISE                           1     NOO       PURCHASE              N                             12.95                12.95               37500              37491.33               2/1/2007              1/1/2022                   413.36      180      15     HI                   2/1/2007        Y                 250000                   2          0             413.36                                                                               96822          12/22/2006              2      TB0630_BALLOON                                   0            250000                                 0      95                        771           46.85     NO-PREPAY                                                       0           0           0               0
     2503201065       SFR                               1     OO        REFI                  Y                              5.25                 5.25              375000                375000               2/1/2007              1/1/2037                  1640.63      360   46.88     CA                   2/1/2007        N                 800000                   1          3            1640.63                                                                               91304          12/28/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   46.88                        781               0     1YR                                         1/1/2012            6           3           1               3
     2503201070       CONDO                             1     OO        PURCHASE              N                               6.3                  6.3              332000                332000               2/1/2007              1/1/2037                     1743      360      80     CA                   2/1/2007        N                 415000                   1          3               1743                                                                               91335          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            415000                             83000     100                        791           40.81     3YR                                         1/1/2012            6           3           1               3
     2503201073       HI-RISE                           1     OO        PURCHASE              N                             6.625                6.625              132000                132000               2/1/2007              1/1/2037                   728.75      360      80     FL                   2/1/2007        N                 182000                   1          3             728.75                                                                               33179          12/20/2006              2      PA1605EI_ARM-INTONLY                             0            165000                             33000     100                        665           43.48     3YR                                         1/1/2012            6           3           1               3
     2503201077       SFR                               1     OO        PURCHASE              N                              8.45                 8.45              256000                256000               2/1/2007              1/1/2037                  1802.67      360      80     FL                   2/1/2007        N                 337000                   1      3.875            1802.67                                                                               33018          12/19/2006              2      PA1605EI_ARM-INTONLY                             0            320000                             64000     100                        648           47.94     3YR                                         1/1/2012            6           3           1           3.875
     2503201082       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              368000                368000               2/1/2007              1/1/2037                  2376.67      360      80     FL                   2/1/2007        N                 460000                   1          3            2376.67                                                                               33165          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            460000                             92000     100                        645           42.28     3YR                                         1/1/2012            6           3           1               3
     2503201086       SFR                               1     OO        REFI                  Y                                 6                    6              307500                307500               2/1/2007              1/1/2037                   1537.5      360      75     MA                   2/1/2007        N                 410000                   1          3             1537.5                                                                               02169          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             41000      85                        643           28.01     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201092       SFR                               1     OO        REFI                  Y                              5.75                 5.75              287000             286845.82               2/1/2007              1/1/2037                  1529.39      360    62.4     CA                   2/1/2007        Y                 460000                   1       5.55            1529.39                                                                               95366          12/13/2006              2      PL0605E_ARM-BALLOON                              0                 0                                 0    62.4                        788           33.82     NO-PREPAY                                   1/1/2012            6           3           1            5.55
     2503201094       2-4FAMILY                         3     OO        PURCHASE              N                              8.55                 8.55              517425                517425               2/1/2007              1/1/2037                  3686.65      360      75     NJ                   2/1/2007        N                 690000                   1          3            3686.65                                                                               07105          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            689900                            172475     100                        687            45.9     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201106       CONDO                             1     OO        PURCHASE              N                              7.67                 7.67              141319                141319               2/1/2007              1/1/2037                   903.26      360      80     FL                   2/1/2007        N                 177000                   1          3             903.26                                                                               33351          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            176649                             35329     100                        658           44.19     3YR                                         1/1/2012            6           3           1               3
     2503201113       SFR                               1     OO        REFI                  N                               6.5                  6.5              322500                322500               2/1/2007              1/1/2037                  1746.88      360      75     CA                   2/1/2007        N                 430000                   1          3            1746.88                                                                               92860          12/27/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            107500     100                        686           40.69     1YR                                         1/1/2012            6           3           1               3
     2503201128       D-PUDS                            1     OO        REFI                  N                                 6                    6              118000                118000               2/1/2007              1/1/2027                      590      240   42.91     CA                   2/1/2007        N                 275000                   1          0                590                                                                               91351          12/28/2006              2      PF0620I_FIX-INTONLY                              0                 0                                 0   42.91                        762           44.32     3YR                                                             0           0           0               0
     2503201132       SFR                               1     OO        REFI                  N                             5.875                5.875              665250                665250               2/1/2007              1/1/2037                  3256.95      360   67.96     CA                   2/1/2007        N                 979000                   1          0            3256.95                                                                               92604          12/29/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   67.96                        738           39.69     3YR                                                             0           0           0               0
     2503201133       CONDO                             1     OO        PURCHASE              N                              5.99                 5.99              188350                188350               3/1/2007              2/1/2037                  1128.04      360   79.99     MD                   2/1/2007        N                 236000                   1          0            1128.04                                                                               21030            1/3/2007              2      PF0630_FIXEDRATE                                 0            235490                             47050   99.97                        751           47.71     3YR                                                             0           0           0               0
     2503201137       SFR                               1     OO        REFI                  Y                              6.99                 6.99              301000                301000               2/1/2007              1/1/2037                  1753.33      360      70     IL                   2/1/2007        N                 430000                   1          3            1753.33                                                                               60077          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      70                        652           29.53     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201140       SFR                               1     OO        REFI                  Y                              6.15                 6.15              417000                416900               2/1/2007              1/1/2037                  2137.13      360   72.53     CA                   2/1/2007        N                 575000                   1          0            2137.13                                                                               95407            1/2/2007              2      PF0630I_FIX-INTONLY                              0                 0                                 0   72.53                        739           48.43     3YR                                                             0           0           0               0
     2503201142       SFR                               1     OO        REFI                  N                               5.8                  5.8              488000                488000               2/1/2007              1/1/2037                  2358.67      360   40.67     CA                   2/1/2007        N                1200000                   1          3            2358.67                                                                               94563          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   40.67                        788           23.76     1YR                                         1/1/2012            6           3           1               3
     2503201146       SFR                               1     OO        PURCHASE              N                              7.92                 7.92              600000                600000               2/1/2007              1/1/2037                     3960      360      80     CA                   2/1/2007        N                 750000                   1      3.875               3960                                                                               90039          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            750000                            150000     100                        696           49.38     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503201182       SFR                               1     OO        REFI                  Y                             6.625                6.625              440000              439611.8               2/1/2007              1/1/2037                  2817.37      360      80     CA                   2/1/2007        N                 550000                   1          3            2817.37                                                                               92025          12/26/2006              2      PA1607E_ARM                                      0                 0                             27500      85                        644           35.54     3YR                                         1/1/2014            6           3           1               3
     2503201186       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              319900                319900               2/1/2007              1/1/2037                  1999.37      360      80     VA                   2/1/2007        N                 415000                   1          3            1999.37                                                                               22712          12/12/2006              2      PA1605EI_ARM-INTONLY                             0            399900                             79950   99.99                        668           36.48     3YR                                         1/1/2012            6           3           1               3
     2503201187       SFR                               1     OO        PURCHASE              N                             11.25                11.25               79950              79923.01               2/1/2007              1/1/2022                   776.52      180      20     VA                   2/1/2007        Y                 415000                   2          0             776.52                                                                               22712          12/12/2006              2      TB1630_BALLOON                                   0            399900                                 0   99.99                        668           36.48     3YR                                                             0           0           0               0
     2503201191       PUD                               1     OO        REFI                  N                              5.85                 5.85              110000                110000               2/1/2007              1/1/2037                   536.25      360   58.21     CA                   2/1/2007        N                 189000                   1          0             536.25                                                                               93230          12/18/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   58.21                        762           23.64     1YR                                                             0           0           0               0
     2503201195       D-PUDS                            1     OO        PURCHASE              N                              8.54                 8.54              364600                364600               2/1/2007              1/1/2037                  2594.74      360      95     FL                   2/1/2007        N                 395000                   1       4.25            2594.74                                                                               33325          12/21/2006             12      EA0605EI_ARM-INTONLY                            30            383800                                 0      95                        690               0     3YR                                         1/1/2012            6           3           1            4.25
     2503201197       SFR                               1     OO        REFI                  Y                              5.75                 5.75              336000                336000               2/1/2007              1/1/2037                     1610      360      70     CA                   2/1/2007        N                 480000                   1          3               1610                                                                               92336          12/26/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        791           21.03     3YR                                         1/1/2012            6           3           1               3
     2503201198       SFR                               1     OO        REFI                  Y                              6.09                 6.09              510000             509500.97               2/1/2007              1/1/2037                  3087.28      360   77.51     CA                   2/1/2007        N                 658000                   1          0            3087.28                                                                               95020          12/15/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   77.51                        682           33.73     3YR                                                             0           0           0               0
     2503201203       SFR                               1     OO        PURCHASE              N                                 7                    7              162400                162400               2/1/2007              1/1/2037                   947.33      360      80     CO                   2/1/2007        N                 208000                   1          3             947.33                                                                               81005          12/14/2006              2      PA1605EI_ARM-INTONLY                             0            203000                             30450      95                        672           49.72     2YR                                         1/1/2012         4.99           3           1               3
     2503201216       SFR                               1     NOO       PURCHASE              N                              7.25                 7.25               73100                 73100               2/1/2007              1/1/2037                   441.65      360    74.6     NC                   2/1/2007        N                 112000                   1          3             441.65                                                                               28269          12/29/2006              2      PA1605EI_ARM-INTONLY                             0             98000                             20000      95                        659            31.1     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201218       SFR                               1     OO        REFI                  Y                              5.75                 5.75              250000             249941.67               2/1/2007              1/1/2037                  1197.92      360   53.77     CA                   2/1/2007        N                 465000                   1          3            1197.92                                                                               90650          12/26/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   53.77                        770               0     3YR                                         1/1/2012            6           3           1               3
     2503201230       2-4FAMILY                         2     OO        PURCHASE              N                              7.15                 7.15              502100                502100               2/1/2007              1/1/2037                  2991.68      360      80     NY                   2/1/2007        N                 630000                   1          3            2991.68                                                                               11420          12/15/2006              2      PA0605EI_ARM-INTONLY                             0            627660                            125500     100                        734           48.31     1YR                                         1/1/2012            6           3           1               3
     2503201244       SFR                               1     NOO       PURCHASE              N                              14.4                 14.4               20000              19996.68               2/1/2007              1/1/2022                   243.32      180   20.41     NC                   2/1/2007        Y                 112000                   2          0             243.32                                                                               28269          12/29/2006              2      TB1630_BALLOON                                   0             98000                                 0      95                        659            6.21     NO-PREPAY                                                       0           0           0               0
     2503201247       SFR                               1     OO        REFI                  Y                               6.5                  6.5              163000             162882.92               2/1/2007              1/1/2037                   882.92      360   31.97     CA                   2/1/2007        N                 510000                   1          3             882.92                                                                               91331          12/21/2006             12      SA0605EI_ARM-INTONLY                             0                 0                                 0   31.97                        695               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201249       SFR                               1     OO        REFI                  N                             6.875                6.875              508000                508000               2/1/2007              1/1/2037                  2910.42      360   78.76     IL                   2/1/2007        N                 645000                   1          0            2910.42                                                                               60439          12/20/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   78.76                        691           27.07     NO-PREPAY                                                       0           0           0               0
     2503201251       SFR                               1     NOO       REFI                  Y                             7.375                7.375              378750                378750               2/1/2007              1/1/2037                  2327.73      360      75     NJ                   2/1/2007        N                 505000                   1          3            2327.73                                                                               07062          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             75750      90                        714           34.02     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201253       SFR                               1     NOO       REFI                  N                              12.3                 12.3               75750              75729.73               2/1/2007              1/1/2022                   796.71      180      15     NJ                   2/1/2007        Y                 505000                   2          0             796.71                                                                               07062          12/22/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        714           34.02     NO-PREPAY                                                       0           0           0               0
     2503201266       PUD                               1     OO        PURCHASE              N                             7.125                7.125              172400                172400               2/1/2007              1/1/2037                  1023.62      360   74.99     FL                   2/1/2007        N                 232000                   1        3.5            1023.62                                                                               33626          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            229902                             46000      95                        649           32.75     NO-PREPAY                                   1/1/2012            6           3           1             3.5
     2503201289       HI-RISE                           1     OO        PURCHASE              N                             6.983                6.983              257900             257687.89               2/1/2007              1/1/2037                  1712.87      360      75     FL                   2/1/2007        N                 350000                   1          0            1712.87                                                                               33301          12/29/2006              2      PF0630_FIXEDRATE                                 0            343900                             86000     100                        693           41.88     NO-PREPAY                                                       0           0           0               0
     2503201311       2-4FAMILY                         3     NOO       REFI                  N                              5.99                 5.99              173500              172902.9               2/1/2007              1/1/2022                  1463.15      180   61.97     IL                   2/1/2007        N                 280000                   1          0            1463.15                                                                               60623          12/18/2006              2      PF1615_FIXEDRATE                                 0                 0                                 0   61.97                        672           48.64     NO-PREPAY                                                       0           0           0               0
     2503201320       CONDO                             1     OO        PURCHASE              N                             6.375                6.375              480000                480000               2/1/2007              1/1/2037                     2550      360      75     CA                   2/1/2007        N                 645000                   1          3               2550                                                                               95135          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            640000                            160000     100                        690           44.23     3YR                                         1/1/2012            6           3           1               3
     2503201336       CONDO                             1     OO        PURCHASE              N                              5.25                 5.25              627000                627000               2/1/2007              1/1/2037                  2743.12      360      80     HI                   2/1/2007        N                 825000                   1          3            2743.12                                                                               96707          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            783750                            156750     100                        707           35.31     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201348       CONDO                             1     OO        PURCHASE              N                                 8                    8              500000             499856.77               2/1/2007              1/1/2037                  3476.56      360      80     FL                   2/1/2007        Y                 625000                   1      3.875            3476.56                                                                               33483          12/19/2006              2      PL1602E_ARM-BALLOON                              0            625000                            125000     100                        651           46.12     NO-PREPAY                                   1/1/2009            6           3           1           3.875
     2503201352       CONDO                             1     OO        REFI                  Y                              5.74                 5.74              280000                280000               2/1/2007              1/1/2037                  1339.33      360      80     CA                   2/1/2007        N                 350000                   1          3            1339.33                                                                               91402          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        743           44.28     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201355       D-PUDS                            1     OO        PURCHASE              N                              7.25                 7.25              324000             323747.25               2/1/2007              1/1/2037                  2210.25      360      80     AZ                   2/1/2007        N                 405000                   1          0            2210.25                                                                               85032          12/20/2006              2      PF2630_FIXEDRATE                                 0            405000                             60750      95                        639           43.29     NO-PREPAY                                                       0           0           0               0
     2503201356       SFR                               1     NOO       REFI                  N                              6.25                 6.25              239200                239200               2/1/2007              1/1/2037                  1245.83      360      80     CA                   2/1/2007        N                 299000                   1          4            1245.83                                                                               95993          12/28/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        733           35.43     3YR                                         1/1/2012            6           3           1               4
     2503201370       CONDO                             1     OO        PURCHASE              N                             6.625                6.625              312000              311997.5               2/1/2007              1/1/2037                   1722.5      360      80     CA                   2/1/2007        N                 390000                   1          3             1722.5                                                                               92688          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            390000                             78000     100                        680           49.65     3YR                                         1/1/2012            6           3           1               3
     2503201372       SFR                               1     OO        REFI                  N                               6.5                  6.5              528000                528000               2/1/2007              1/1/2037                     2860      360      80     CA                   2/1/2007        N                 660000                   1          3               2860                                                                               95023          12/21/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            132000     100                        656           39.53     1YR                                         1/1/2012            6           3           1               3
     2503201380       CONDO                             1     OO        PURCHASE              N                             6.875                6.875              107900                107900               2/1/2007              1/1/2037                   618.18      360   79.99     FL                   2/1/2007        N                 135000                   1          3             618.18                                                                               33916          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            134900                             27000     100                        736           41.93     5YR                                         1/1/2012            6           3           1               3
     2503201387       SFR                               1     OO        REFI                  Y                              5.99                 5.99              210000                210000               2/1/2007              1/1/2037                  1048.25      360      70     CA                   2/1/2007        N                 300000                   1          3            1048.25                                                                               95824          12/19/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             45000      85                        704           44.03     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201404       2-4FAMILY                         2     NOO       REFI                  N                             5.715                5.715              421400                421400               2/1/2007              1/1/2037                  2006.92      360      49     CA                   2/1/2007        N                 860000                   1      3.875            2006.92                                                                               95076            1/4/2007              8      SA0605EI_ARM-INTONLY                             0                 0                                 0      49                        702               0     1YR                                         1/1/2012            6           3           1           3.875
     2503201406       SFR                               1     OO        REFI                  Y                             6.625                6.625              190500             190331.92               2/1/2007              1/1/2037                  1219.79      360      75     OR                   2/1/2007        N                 254000                   1          0            1219.79                                                                               97756          12/28/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      75                        694           38.77     3YR                                                             0           0           0               0
     2503201433       SFR                               1     OO        REFI                  Y                              6.25                 6.25              317500              317491.7               2/1/2007              1/1/2037                  1653.65      360   60.48     CA                   2/1/2007        N                 525000                   1          0            1653.65                                                                               94928          12/27/2006             17      PF0630I_FIX-INTONLY                              0                 0                                 0   60.48                        703            34.5     NO-PREPAY                                                       0           0           0               0
     2503201453       CONDO                             1     2ND       PURCHASE              N                              8.55                 8.55              116000             115930.45               2/1/2007              1/1/2037                   896.05      360      80     FL                   2/1/2007        N                 145000                   1          3             896.05                                                                               33009          12/18/2006              2      PA1605E_ARM                                      0            145000                                 0      80                                       7.75     3YR                                         1/1/2012            6           3           1               3
     2503201458       SFR                               1     OO        PURCHASE              N                             7.625                7.625              356000                356000               2/1/2007              1/1/2037                  2262.08      360      80     CA                   2/1/2007        N                 445000                   1          3            2262.08                                                                               94553          12/15/2006              2      PA1605EI_ARM-INTONLY                             0            445000                             89000     100                        640           42.75     1YR                                         1/1/2012            6           3           1               3
     2503201459       D-PUDS                            1     2ND       PURCHASE              N                               6.5                  6.5             1000000               1000000               2/1/2007              1/1/2037                  5416.67      360   67.55     FL                   2/1/2007        N                1600000                   1          3            5416.67                                                                               33076          12/29/2006              2      PA0605EI_ARM-INTONLY                             0           1480594                            332400      90                        703           29.69     3YR                                         1/1/2012            6           3           1               3
     2503201460       SFR                               1     OO        REFI                  N                               6.4                  6.4              388000                388000               2/1/2007              1/1/2037                  2069.33      360      80     NY                   2/1/2007        N                 485000                   1          3            2069.33                                                                               11580          12/22/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             97000     100                        709            34.3     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201469       2-4FAMILY                         3     OO        PURCHASE              N                             9.875                9.875              324800                324800               2/1/2007              1/1/2037                  2672.83      360      80     IL                   2/1/2007        N                 407000                   1          3            2672.83                                                                               60651          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            406000                             81200     100                        641           46.78     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201478       SFR                               1     OO        REFI                  Y                              6.65                 6.65              460000             459999.17               2/1/2007              1/1/2037                  2549.16      360   63.45     CA                   2/1/2007        N                 725000                   1          0            2549.16                                                                               90604          12/28/2006              8      SF1630I_FIX-INTONLY                              0                 0                                 0   63.45                        648               0     3YR                                                             0           0           0               0
     2503201518       SFR                               1     OO        PURCHASE              N                             11.99                11.99               30450              30441.27               2/1/2007              1/1/2022                   312.98      180      15     CO                   2/1/2007        Y                 208000                   2          0             312.98                                                                               81005          12/14/2006              2      TB1630_BALLOON                                   0            203000                                 0      95                        672           49.72     NO-PREPAY                                                       0           0           0               0
     2503201519       SFR                               1     OO        PURCHASE              N                             6.375                6.375              221600                221600               2/1/2007              1/1/2037                  1177.25      360      80     CA                   2/1/2007        N                 290000                   1          3            1177.25                                                                               95991          12/14/2006              1      PA0605EI_ARM-INTONLY                             0            277000                             55400     100                        775           43.65     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201522       HI-RISE                           1     2ND       PURCHASE              N                              7.71                 7.71              168000                168000               2/1/2007              1/1/2037                   1079.4      360      80     FL                   2/1/2007        N                 225000                   1          3             1079.4                                                                               33125          12/19/2006              2      PA1605EI_ARM-INTONLY                             0            210000                                 0      80                        640            8.38     3YR                                         1/1/2012            6           3           1               3
     2503201538       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              420800                420800               2/1/2007              1/1/2037                     2630      360      80     CA                   2/1/2007        N                 526000                   1          3               2630                                                                               94520          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            526000                            105200     100                        707           48.91     2YR                                         1/1/2012            6           3           1               3
     2503201546       SFR                               1     OO        REFI                  Y                             6.875                6.875              772000                772000               2/1/2007              1/1/2037                  4422.92      360      80     CA                   2/1/2007        N                 965000                   1          3            4422.92                                                                               90232          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        751           23.66     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201551       SFR                               1     OO        REFI                  N                             5.875                5.875              414000             413577.91               2/1/2007              1/1/2037                  2448.97      360   78.12     CA                   2/1/2007        N                 530000                   1          0            2448.97                                                                               90640          12/26/2006              2      PF1630_FIXEDRATE                                 0                 0                             89500      95                        676           46.14     3YR                                                             0           0           0               0
     2503201562       SFR                               1     OO        REFI                  Y                             5.875                5.875              200000                200000               2/1/2007              1/1/2037                   979.17      360   50.51     CA                   2/1/2007        N                 396000                   1          3             979.17                                                                               93230          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   50.51                        696           30.45     3YR                                         1/1/2012            6           3           1               3
     2503201588       SFR                               1     OO        REFI                  N                             5.625                5.625              587500             587478.11               2/1/2007              1/1/2037                  2753.91      360   58.75     CA                   2/1/2007        N                1000000                   1          3            2753.91                                                                               94561          12/27/2006              1      PA0605EI_ARM-INTONLY                             0                 0                                 0   58.75                        744           46.79     3YR                                         1/1/2012            6           3           1               3
     2503201613       SFR                               1     OO        REFI                  Y                              7.25                 7.25              750000                750000               2/1/2007              1/1/2037                  4531.25      360    70.1     CA                   2/1/2007        N                1070000                   1          3            4531.25                                                                               91320            1/3/2007              2      PA1605EI_ARM-INTONLY                             0                 0                            200000   88.79                        678            37.3     3YR                                         1/1/2012            6           3           1               3
     2503201622       SFR                               1     OO        REFI                  Y                             6.875                6.875              173000             172854.66               2/1/2007              1/1/2037                  1136.49      360   41.69     CA                   2/1/2007        N                 415000                   1          0            1136.49                                                                               92345          12/21/2006              7      SF3630_FIXEDRATE                                 0                 0                                 0   41.69                        601           29.68     3YR                                                             0           0           0               0
     2503201633       SFR                               1     OO        REFI                  Y                               7.6                  7.6              192000                192000               2/1/2007              1/1/2037                     1216      360      80     AZ                   2/1/2007        N                 240000                   1          3               1216                                                                               85210          12/19/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        657           46.93     3YR                                         1/1/2012            6           3           1               3
     2503201636       2-4FAMILY                         2     OO        REFI                  Y                              6.75                 6.75              440000                440000               2/1/2007              1/1/2037                     2475      360      80     CA                   2/1/2007        N                 550000                   1          3               2475                                                                               90262          12/26/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      80                        686           44.61     2YR                                         1/1/2012            6           3           1               3
     2503201645       SFR                               1     OO        REFI                  Y                               5.6                  5.6              392000                392000               2/1/2007              1/1/2037                  1829.33      360   64.27     CA                   2/1/2007        N                 610000                   1          3            1829.33                                                                               91201          12/27/2006              7      SA2605EI_ARM-INTONLY                             0                 0                                 0   64.27                        631               0     3YR                                         1/1/2012            6           3           1               3
     2503201647       D-PUDS                            1     OO        PURCHASE              N                               6.1                  6.1              618750                618750               2/1/2007              1/1/2037                  3145.31      360      75     CA                   2/1/2007        N                 845000                   1          3            3145.31                                                                               91387            1/3/2007              2      PA0605EI_ARM-INTONLY                             0            825000                            206250     100                        685           38.74     1YR                                         1/1/2012            6           3           1               3
     2503201655       D-PUDS                            1     OO        REFI                  Y                             5.875                5.875              450000             449541.21               2/1/2007              1/1/2037                  2661.92      360   73.18     HI                   2/1/2007        N                 615000                   1          0            2661.92                                                                               96797          12/21/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   73.18                        767           47.05     3YR                                                             0           0           0               0
     2503201674       SFR                               1     OO        REFI                  N                              7.25                 7.25              480000             479625.55               2/1/2007              1/1/2037                  3274.45      360      80     CA                   2/1/2007        N                 600000                   1          3            3274.45                                                                               95023          12/28/2006              2      PA1605E_ARM                                      0                 0                            120000     100                        677           40.32     2YR                                         1/1/2012            6           3           1               3
     2503201694       SFR                               1     OO        REFI                  N                              6.54                 6.54              298400                298400               2/1/2007              1/1/2037                  1626.28      360      80     CA                   2/1/2007        N                 373000                   1       2.75            1626.28                                                                               95210          12/29/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             55950      95                        647           46.39     3YR                                         1/1/2012            6           3           1            2.75
     2503201734       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              284000                284000               2/1/2007              1/1/2037                  1479.17      360      80     CA                   2/1/2007        N                 359000                   1      3.875            1479.17                                                                               95831          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            355000                             71000     100                        681            38.7     1YR                                         1/1/2012            6           3           1           3.875
     2503201764       SFR                               1     OO        REFI                  Y                              5.25                 5.25              330000                330000               2/1/2007              1/1/2037                  1443.75      360   51.57     CA                   2/1/2007        N                 640000                   1      3.875            1443.75                                                                               90240          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   51.57                        688           47.24     1YR                                         1/1/2012            6           3           1           3.875
     2503201796       SFR                               1     OO        PURCHASE              N                              5.99                 5.99              408000                408000               2/1/2007              1/1/2037                   2036.6      360      80     CA                   2/1/2007        N                 510000                   1          3             2036.6                                                                               93906          12/18/2006              2      PA0605EI_ARM-INTONLY                             0            510000                            102000     100                        763           46.02     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201810       SFR                               1     OO        REFI                  Y                               5.6                  5.6              120000             119572.25               2/1/2007              1/1/2022                   986.88      180   39.16     HI                   2/1/2007        N                 306500                   1          0             986.88                                                                               96720          12/27/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   39.16                        727           38.56     3YR                                                             0           0           0               0
     2503201815       2-4FAMILY                         2     NOO       REFI                  N                             5.875                5.875              191750             191083.61               2/1/2007              1/1/2022                  1605.17      180   63.92     IL                   2/1/2007        N                 300000                   1          0            1605.17                                                                               60623          12/18/2006              2      PF1615_FIXEDRATE                                 0                 0                                 0   63.92                        672           48.64     NO-PREPAY                                                       0           0           0               0
     2503201818       D-PUDS                            1     OO        PURCHASE              N                               7.7                  7.7              152800                152800               2/1/2007              1/1/2037                   980.47      360      80     FL                   2/1/2007        N                 240000                   1          3             980.47                                                                               33309          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            191000                             38200     100                        681           25.38     3YR                                         1/1/2012            6           3           1               3
     2503201832       SFR                               1     OO        REFI                  N                               6.7                  6.7              464000                464000               2/1/2007              1/1/2037                  2590.67      360   74.84     CA                   2/1/2007        N                 620000                   1          3            2590.67                                                                               95407            1/2/2007              1      PA1605EI_ARM-INTONLY                             0                 0                            116000   93.55                        647           39.68     3YR                                         1/1/2012            6           3           1               3
     2503201833       SFR                               1     OO        REFI                  N                              5.99                 5.99              217600             217382.97               2/1/2007              1/1/2037                  1303.22      360      80     NV                   2/1/2007        N                 272000                   1          3            1303.22                                                                               89145          12/29/2006              2      PA1605E_ARM                                      0                 0                             25400   89.34                        678           39.21     2YR                                         1/1/2012            6           3           1               3
     2503201840       SFR                               1     OO        REFI                  Y                              6.65                 6.65              155000                155000               2/1/2007              1/1/2037                   858.96      360   68.89     AZ                   2/1/2007        N                 225000                   1      3.875             858.96                                                                               85023            1/3/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   68.89                        680           32.24     3YR                                         1/1/2012            6           3           1           3.875
     2503201851       HI-RISE                           1     OO        PURCHASE              N                             6.817                6.817              304400                304400               2/1/2007              1/1/2037                  1729.25      360      75     FL                   2/1/2007        N                 406000                   1          3            1729.25                                                                               33301          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            405900                            101450   99.99                        751           39.41     2YR                                         1/1/2012            6           3           1               3
     2503201860       SFR                               1     OO        REFI                  N                             5.875                5.875              327000                327000               2/1/2007              1/1/2037                  1600.94      360   41.51     CA                   2/1/2007        N                 787927                   1          3            1600.94                                                                               92007          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   41.51                        700           40.39     1YR                                         1/1/2012            6           3           1               3
     2503201868       2-4FAMILY                         2     OO        REFI                  N                              5.99                 5.99              412000                412000               2/1/2007              1/1/2037                  2056.57      360   69.25     CA                   2/1/2007        N                 595000                   1          0            2056.57                                                                               90280          12/21/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   69.25                        722           52.49     3YR                                                             0           0           0               0
     2503201874       SFR                               1     OO        PURCHASE              N                              6.55                 6.55              204000                204000               2/1/2007              1/1/2037                   1113.5      360      80     NV                   2/1/2007        N                 255000                   1          3             1113.5                                                                               89110          12/19/2006              2      PA0605EI_ARM-INTONLY                             0            255000                             51000     100                        688           44.03     3YR                                         1/1/2012            6           3           1               3
     2503201877       SFR                               1     OO        REFI                  N                             5.925                5.925              224000                224000               2/1/2007              1/1/2037                     1106      360   77.25     VA                   2/1/2007        N                 290000                   1          3               1106                                                                               22630          12/21/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             56000   96.56                        706           29.67     2YR                                         1/1/2012            6           3           1               3
     2503201882       SFR                               1     OO        REFI                  N                              6.25                 6.25              144000             143875.74               2/1/2007              1/1/2037                      750      360      75     OR                   2/1/2007        N                 192000                   1          3                750                                                                               97045          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             38400      95                        704           37.68     3YR                                         1/1/2012            6           3           1               3
     2503201892       SFR                               1     OO        PURCHASE              N                               5.9                  5.9              360000                360000               2/1/2007              1/1/2037                     1770      360      80     CA                   2/1/2007        N                 460000                   1      3.875               1770                                                                               90810          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            450000                             90000     100                        694           39.37     3YR                                         1/1/2012            6           3           1           3.875
     2503201898       SFR                               1     OO        PURCHASE              N                               7.1                  7.1              176000                176000               2/1/2007              1/1/2037                  1041.33      360      80     NV                   2/1/2007        N                 226000                   1          3            1041.33                                                                               89101          12/21/2006              2      PA1605EI_ARM-INTONLY                             0            220000                             44000     100                        667           47.58     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201918       2-4FAMILY                         2     NOO       REFI                  N                             6.375                6.375              417000                417000               2/1/2007              1/1/2037                  2215.31      360    69.5     CA                   2/1/2007        N                 600000                   1          4            2215.31                                                                               90062          12/20/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             92000   84.84                        682           29.25     3YR                                         1/1/2012            6           3           1               4
     2503201919       SFR                               1     OO        REFI                  N                             5.875                5.875              535000                535000               2/1/2007              1/1/2037                  2619.27      360    60.8     CA                   2/1/2007        N                 880000                   1      3.875            2619.27                                                                               95148          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0    60.8                        774           38.35     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503201920       2-4FAMILY                         2     NOO       REFI                  Y                            12.175               12.175               92000              91974.69               2/1/2007              1/1/2022                   958.73      180   15.34     CA                   2/1/2007        Y                 600000                   2          0             958.73                                                                               90062          12/20/2006              2      TB0630_BALLOON                                   0                 0                                 0   84.84                        682           29.25     3YR                                                             0           0           0               0
     2503201927       SFR                               1     OO        REFI                  Y                              7.66                 7.66              182500             182368.84               2/1/2007              1/1/2037                  1296.12      360   79.35     IL                   2/1/2007        N                 230000                   1          0            1296.12                                                                               60430          12/28/2006              1      PF2630_FIXEDRATE                                 0                 0                                 0   79.35                        627           38.14     NO-PREPAY                                                       0           0           0               0
     2503201929       D-PUDS                            1     OO        REFI                  N                             6.875                6.875              980000                980000               2/1/2007              1/1/2037                  5614.58      360      70     IL                   2/1/2007        N                1400000                   1          3            5614.58                                                                               60010          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            207000   84.79                        661           41.76     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201933       SFR                               1     NOO       PURCHASE              N                               9.3                  9.3               88000              87982.81               2/1/2007              1/1/2037                   699.19      360      80     IL                   2/1/2007        Y                 115000                   1          3             699.19                                                                               60636          12/28/2006              2      PL1605E_ARM-BALLOON                              0            110000                             16000   94.55                        661           40.26     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503201936       2-4FAMILY                         2     OO        PURCHASE              N                               6.5                  6.5              488000                488000               2/1/2007              1/1/2037                  2643.33      360      80     CA                   2/1/2007        N                 610000                   1      3.875            2643.33                                                                               91702          12/21/2006              2      PA0605EI_ARM-INTONLY                             0            610000                            122000     100                        756           41.99     3YR                                         1/1/2012            6           3           1           3.875
     2503201945       SFR                               1     OO        REFI                  Y                              6.95                 6.95              330000             329799.33               2/1/2007              1/1/2037                  2038.75      360   78.58     CA                   2/1/2007        Y                 420000                   1          0            2038.75                                                                               91766          12/28/2006              2      PB3640_BALLOON                                   0                 0                                 0   78.58                        606           42.13     3YR                                                             0           0           0               0
     2503201952       SFR                               1     OO        REFI                  Y                              6.99                 6.99              148200             148078.28               2/1/2007              1/1/2037                   984.98      360      78     CA                   2/1/2007        N                 190000                   1      3.875             984.98                                                                               95917          12/29/2006              2      PA2605E_ARM                                      0                 0                                 0      78                        637           35.75     3YR                                         1/1/2012            6           3           1           3.875
     2503201991       SFR                               1     OO        REFI                  Y                             5.625                5.625              270000                269865               2/1/2007              1/1/2037                  1265.63      360   55.68     CA                   2/1/2007        N                 485000                   1          3            1265.63                                                                               90002          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   55.68                        671           34.17     3YR                                         1/1/2012            6           3           1               3
     2503202028       D-PUDS                            1     OO        PURCHASE              N                              6.99                 6.99              154100             154041.12               2/1/2007              1/1/2037                   956.51      360   74.99     CO                   2/1/2007        Y                 206000                   1          3             956.51                                                                               80603          12/22/2006              2      PL1605E_ARM-BALLOON                              0            205515                             51350   99.97                        641           49.83     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202030       D-PUDS                            1     NOO       PURCHASE              N                              6.63                 6.63              245950                245950               2/1/2007              1/1/2037                  1358.87      360      75     WA                   2/1/2007        N                 375000                   1          0            1358.87                                                                               98042            1/2/2007              2      PF0630I_FIX-INTONLY                              0            327950                             65500   94.97                        728           47.46     1YR                                                             0           0           0               0
     2503202031       SFR                               1     NOO       PURCHASE              N                             7.625                7.625              148000                148000               2/1/2007              1/1/2037                   940.42      360      80     GA                   2/1/2007        N                 195000                   1          3             940.42                                                                               30004          12/20/2006              2      PA0605EI_ARM-INTONLY                             0            185000                             27700   94.98                        767           35.93     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202032       SFR                               1     NOO       PURCHASE              N                             12.45                12.45               27700              27692.83               2/1/2007              1/1/2022                   294.56      180   14.98     GA                   2/1/2007        Y                 195000                   2          0             294.56                                                                               30004          12/20/2006              2      TB0630_BALLOON                                   0            185000                                 0   94.98                        767           35.92     NO-PREPAY                                                       0           0           0               0
     2503202045       SFR                               1     OO        PURCHASE              N                               6.3                  6.3              417000                417000               2/1/2007              1/1/2037                  2189.25      360   79.43     CA                   2/1/2007        N                 580000                   1          3            2189.25                                                                               92807          12/27/2006              2      PA0605EI_ARM-INTONLY                             0            525000                            108000     100                        682           42.69     1YR                                         1/1/2012            6           3           1               3
     2503202073       SFR                               1     NOO       REFI                  Y                              5.99                 5.99              350000                350000               2/1/2007              1/1/2037                  1747.08      360      74     CA                   2/1/2007        N                 473000                   1          3            1747.08                                                                               93905          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      74                        761           49.26     3YR                                         1/1/2012            6           3           1               3
     2503202077       SFR                               1     OO        PURCHASE              N                               6.7                  6.7              280000                280000               2/1/2007              1/1/2037                  1563.33      360      80     CA                   2/1/2007        N                 350000                   1          3            1563.33                                                                               95358          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            350000                             70000     100                        662           42.01     3YR                                         1/1/2012            6           3           1               3
     2503202102       SFR                               1     NOO       REFI                  N                              11.8                 11.8               28000              27991.62               2/1/2007              1/1/2037                   283.71      360       7     CA                   2/1/2007        N                 400000                   2          0             283.71                                                                               95252          12/26/2006              2      TF0630_FIXEDRATE                                 0                 0                                 0      87                        688           42.02     3YR                                                             0           0           0               0
     2503202112       2-4FAMILY                         2     OO        REFI                  Y                              6.25                 6.25              460000             459562.79               2/1/2007              1/1/2037                   2832.3      360      80     CA                   2/1/2007        N                 575000                   1          0             2832.3                                                                               90063            1/3/2007              2      PF0630_FIXEDRATE                                 0                 0                                 0      80                        728           49.81     3YR                                                             0           0           0               0
     2503202117       SFR                               1     NOO       REFI                  Y                             8.545                8.545               96000                 96000               2/1/2007              1/1/2037                    683.6      360      80     IL                   2/1/2007        N                 120000                   1          3              683.6                                                                               60466          12/26/2006              1      PA1605EI_ARM-INTONLY                             0                 0                                 0      80                        665           47.91     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202120       SFR                               1     OO        REFI                  Y                              5.99                 5.99              425000                425000               2/1/2007              1/1/2037                  2121.46      360   51.21     CA                   2/1/2007        N                 830000                   1          3            2121.46                                                                               93924          12/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   51.21                        668           29.08     1YR                                         1/1/2012            6           3           1               3
     2503202139       SFR                               1     OO        REFI                  Y                              5.99                 5.99              444000                444000               2/1/2007              1/1/2037                   2216.3      360   62.54     CA                   2/1/2007        N                 710000                   1          3             2216.3                                                                               94080          12/28/2006              2      PA0607EI_ARM-INTONLY                             0                 0                                 0   62.54                        790           28.06     NO-PREPAY                                   1/1/2014            6           3           1               3
     2503202146       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              516000             515939.67               2/1/2007              1/1/2037                     2795      360      80     NV                   2/1/2007        N                 645000                   1      3.875               2795                                                                               89449          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            645000                            129000     100                        711           49.86     3YR                                         1/1/2012            6           3           1           3.875
     2503202150       CONDO                             1     NOO       PURCHASE              N                               6.5                  6.5             1118000               1118000               2/1/2007              1/1/2037                  6055.83      360      65     UT                   2/1/2007        N                1720000                   1          0            6055.83                                                                               84060          12/21/2006              2      PF0630I_FIX-INTONLY                              0           1720000                            258000      80                        771           20.04     3YR                                                             0           0           0               0
     2503202152       PUD                               1     NOO       PURCHASE              N                              6.95                 6.95              172100                172100               2/1/2007              1/1/2037                   996.75      360   74.99     MN                   2/1/2007        N                 229500                   1          3             996.75                                                                               55119          12/14/2006              2      PA0605EI_ARM-INTONLY                             0            229500                             45900   94.99                        809           47.75     3YR                                         1/1/2012            6           3           1               3
     2503202153       CONDO                             1     NOO       PURCHASE              N                             11.49                11.49              258000             257917.37               2/1/2007              1/1/2022                  2552.98      180      15     UT                   2/1/2007        Y                1720000                   2          0            2552.98                                                                               84060          12/21/2006              2      TB0630_BALLOON                                   0           1720000                                 0      80                        771           20.04     NO-PREPAY                                                       0           0           0               0
     2503202155       PUD                               1     NOO       PURCHASE              N                              12.3                 12.3               45900              45887.72               2/1/2007              1/1/2022                   482.76      180      20     MN                   2/1/2007        Y                 229500                   2          0             482.76                                                                               55119          12/14/2006              2      TB0630_BALLOON                                   0            229500                                 0   94.99                        809           47.75     NO-PREPAY                                                       0           0           0               0
     2503202167       SFR                               1     OO        REFI                  Y                              7.25                 7.25              217600             217430.25               2/1/2007              1/1/2037                  1484.42      360      80     FL                   2/1/2007        N                 272000                   1          3            1484.42                                                                               32707          12/27/2006              2      PA1605E_ARM                                      0                 0                             54400     100                        643           49.85     3YR                                         1/1/2012            6           3           1               3
     2503202189       CONDO                             1     NOO       PURCHASE              N                              7.25                 7.25              310312                310312               2/1/2007              1/1/2037                   1874.8      360      75     WA                   2/1/2007        N                 415000                   1          3             1874.8                                                                               98012            1/3/2007              2      PA1605EI_ARM-INTONLY                             0            413750                             82750      95                        674           49.98     3YR                                         1/1/2012            6           3           1               3
     2503202193       SFR                               1     OO        REFI                  N                              6.65                 6.65              463000             462593.49               2/1/2007              1/1/2037                   2972.3      360   76.28     CA                   2/1/2007        N                 607000                   1          0             2972.3                                                                               93927          12/26/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0   76.28                        637               0     3YR                                                             0           0           0               0
     2503202200       SFR                               1     NOO       PURCHASE              N                               7.4                  7.4              200000                200000               3/1/2007              2/1/2037                  1384.76      360      80     IL                   2/1/2007        N                 280500                   1          3            1384.76                                                                               60652            1/5/2007              2      PA0605E_ARM                                      0            250000                             37500      95                        685           44.17     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503202213       SFR                               1     NOO       REFI                  Y                              6.95                 6.95              326250             325979.92               2/1/2007              1/1/2037                  2159.61      360      75     CA                   2/1/2007        N                 435000                   1          0            2159.61                                                                               93927          12/22/2006              8      SF2630_FIXEDRATE                                 0                 0                                 0      75                        637               0     3YR                                                             0           0           0               0
     2503202220       SFR                               1     NOO       REFI                  Y                             5.875                5.875              442650             442420.08               2/1/2007              1/1/2037                  2397.06      360      65     CA                   2/1/2007        Y                 681000                   1          0            2397.06                                                                               92802          12/29/2006              1      PB0640_BALLOON                                   0                 0                                 0      65                        703           43.83     3YR                                                             0           0           0               0
     2503202256       SFR                               1     NOO       PURCHASE              N                              6.99                 6.99              225000             224815.21               2/1/2007              1/1/2037                  1495.42      360      90     WA                   2/1/2007        N                 250000                   1          0            1495.42                                                                               98312          12/29/2006              8      EF0630_FIXEDRATE                                25            250000                                 0      90                        726               0     NO-PREPAY                                                       0           0           0               0
     2503202310       SFR                               1     OO        PURCHASE              N                             6.125                6.125              175200             174603.96               2/1/2007              1/1/2022                  1490.29      180      80     CA                   2/1/2007        N                 220000                   1          0            1490.29                                                                               93307          12/20/2006              2      PF0615_FIXEDRATE                                 0            219000                             43600   99.91                        699           42.45     2YR                                                             0           0           0               0
     2503202328       SFR                               1     OO        REFI                  N                              5.75                 5.75              335000                335000               2/1/2007              1/1/2037                  1605.21      360   60.91     CA                   2/1/2007        N                 550000                   1          0            1605.21                                                                               95765          12/28/2006              1      PF0630I_FIX-INTONLY                              0                 0                                 0   60.91                        743           41.53     3YR                                                             0           0           0               0
     2503202342       CONDO                             1     NOO       PURCHASE              N                              7.99                 7.99              125750             125665.46               2/1/2007              1/1/2037                   921.83      360      80     IL                   2/1/2007        N                 157200                   1          0             921.83                                                                               60005          12/20/2006              2      PF1630_FIXEDRATE                                 0            157200                                 0      80                        642           41.77     NO-PREPAY                                                       0           0           0               0
     2503202345       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              228750                228750               2/1/2007              1/1/2037                  1239.06      360      75     IL                   2/1/2007        N                 325000                   1          3            1239.06                                                                               60526          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            305000                             76250     100                        707           44.53     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202353       SFR                               1     OO        REFI                  Y                              6.25                 6.25              419000             418982.29               2/1/2007              1/1/2037                  2182.29      360   73.51     CA                   2/1/2007        N                 570000                   1          0            2182.29                                                                               92407          12/29/2006              2      PF1630I_FIX-INTONLY                              0                 0                                 0   73.51                        666           21.66     3YR                                                             0           0           0               0
     2503202356       SFR                               1     OO        PURCHASE              N                               6.5                  6.5              207200                207200               2/1/2007              1/1/2037                  1122.33      360      80     CA                   2/1/2007        N                 265000                   1          3            1122.33                                                                               93722          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            259000                             51800     100                        740           45.14     2YR                                         1/1/2012            6           3           1               3
     2503202359       CONDO                             1     OO        PURCHASE              N                              9.99                 9.99              178500             178471.69               2/1/2007              1/1/2037                  1514.32      360   94.99     MN                   2/1/2007        Y                 196000                   1        4.5            1514.32                                                                               55033          12/14/2006             12      EL1605E_ARM-BALLOON                             30            187920                                 0   94.99                        666               0     3YR                                         1/1/2012            6           3           1             4.5
     2503202407       D-PUDS                            1     OO        REFI                  Y                             6.375                6.375              500000                500000               2/1/2007              1/1/2037                  2656.25      360   79.37     CA                   2/1/2007        N                 630000                   1          0            2656.25                                                                               92532          12/28/2006              2      PF2630I_FIX-INTONLY                              0                 0                                 0   79.37                        630           42.11     2YR                                                             0           0           0               0
     2503202411       2-4FAMILY                         2     NOO       PURCHASE              N                              7.28                 7.28              131250                131250               3/1/2007              2/1/2037                   796.25      360      75     MN                   2/1/2007        N                 178000                   1          3             796.25                                                                               55101            1/3/2007              2      PA0605EI_ARM-INTONLY                             0            175000                             35000      95                        691           44.01     3YR                                         2/1/2012            6           3           1               3
     2503202474       SFR                               1     NOO       REFI                  N                             6.585                6.585               75000              74933.31               2/1/2007              1/1/2037                   478.25      360   77.32     VA                   2/1/2007        N                  97000                   1          0             478.25                                                                               23222          12/22/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   77.32                        772           23.98     3YR                                                             0           0           0               0
     2503202513       SFR                               1     OO        PURCHASE              N                              5.99                 5.99              304000                304000               2/1/2007              1/1/2037                  1517.47      360      80     CA                   2/1/2007        N                 380000                   1          3            1517.47                                                                               94542          12/29/2006              1      PA2605EI_ARM-INTONLY                             0            380000                             76000     100                        620           44.68     2YR                                         1/1/2012            6           3           1               3
     2503202516       CONDO                             1     OO        PURCHASE              N                               7.3                  7.3              160000             158736.42               2/1/2007              1/1/2037                  1096.91      360      80     HI                   2/1/2007        N                 200000                   1          3            1096.91                                                                               96797            1/3/2007              2      PA3605E_ARM                                      0            200000                                 0      80                        614           21.98     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202525       SFR                               1     OO        PURCHASE              N                              5.59                 5.59              475000             474488.83               2/1/2007              1/1/2037                  2723.88      360   65.52     CA                   2/1/2007        N                 725000                   1          0            2723.88                                                                               93940          12/20/2006              2      PF0630_FIXEDRATE                                 0            725000                                 0   65.52                        716            35.3     3YR                                                             0           0           0               0
     2503202537       SFR                               1     OO        REFI                  Y                              6.99                 6.99              168000             167862.02               2/1/2007              1/1/2037                  1116.58      360      80     CO                   2/1/2007        N                 210000                   1      3.875            1116.58                                                                               80205          12/29/2006              2      PA0605E_ARM                                      0                 0                             42000     100                        747            40.2     3YR                                         1/1/2012            5           3           1           3.875
     2503202561       CONDO                             1     OO        REFI                  Y                               6.5                  6.5              135000             134877.96               2/1/2007              1/1/2037                   853.29      360   41.58     CA                   2/1/2007        N                 324683                   1          0             853.29                                                                               91765          12/26/2006              1      PF1630_FIXEDRATE                                 0                 0                                 0   41.58                        648           27.52     3YR                                                             0           0           0               0
     2503202618       SFR                               1     NOO       REFI                  Y                             7.125                7.125              162000                162000               2/1/2007              1/1/2037                   961.88      360   77.15     AZ                   2/1/2007        N                 210000                   1          0             961.88                                                                               85008          12/28/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0   77.15                        762           25.74     1YR                                                             0           0           0               0
     2503202643       SFR                               1     NOO       REFI                  N                             6.125                6.125              416500                416500               2/1/2007              1/1/2037                  2125.89      360      70     CA                   2/1/2007        N                 595000                   1          3            2125.89                                                                               92879          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             61000   80.26                        720           30.69     1YR                                         1/1/2012            6           3           1               3
     2503202647       SFR                               1     NOO       REFI                  N                              11.5                 11.5               61000               60980.5               2/1/2007              1/1/2022                   604.08      180   10.26     CA                   2/1/2007        Y                 595000                   2          0             604.08                                                                               92879          12/28/2006              2      TB0630_BALLOON                                   0                 0                                 0   80.26                        720           30.69     1YR                                                             0           0           0               0
     2503202681       SFR                               1     OO        REFI                  Y                              5.59                 5.59              250000             249859.81               2/1/2007              1/1/2037                  1304.77      360   48.55     CA                   2/1/2007        Y                 515000                   1          3            1304.77                                                                               92591          12/22/2006              2      PL3605E_ARM-BALLOON                              0                 0                                 0   48.55                        613           18.61     3YR                                         1/1/2012            6           3           1               3
     2503202687       SFR                               1     OO        PURCHASE              N                                 7                    7              165750                165750               2/1/2007              1/1/2037                   966.88      360      75     FL                   2/1/2007        N                 225000                   1          3             966.88                                                                               33904          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            221000                             55250     100                        646           41.89     3YR                                         1/1/2012            6           3           1               3
     2503202692       SFR                               1     OO        PURCHASE              N                              7.75                 7.75              246500                246500               2/1/2007              1/1/2037                  1591.98      360      85     PA                   2/1/2007        N                 290000                   1      3.625            1591.98                                                                               19128          12/21/2006             17      PA1405EI_ARM-INTONLY                            22            290000                                 0      85                        668           43.14     2YR                                         1/1/2012            6           3           1           3.625
     2503202694       SFR                               1     NOO       PURCHASE              N                             9.285                9.285              138600             138528.67               2/1/2007              1/1/2037                  1143.75      360      90     FL                   2/1/2007        N                 154000                   1          3            1143.75                                                                               32771          12/29/2006             17      PA0605E_ARM                                     25            154000                                 0      90                        702           38.17     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202697       PUD                               1     OO        REFI                  Y                               7.6                  7.6              360000                360000               2/1/2007              1/1/2037                     2280      360      80     VA                   2/1/2007        N                 450000                   1          3               2280                                                                               22153          12/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             90000     100                        644           48.32     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202702       SFR                               1     OO        REFI                  N                             5.875                5.875              117500             117275.26               2/1/2007              1/1/2037                   695.06      360   47.96     FL                   2/1/2007        N                 245000                   1          0             695.06                                                                               33604          12/26/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   47.96                        687           22.37     NO-PREPAY                                                       0           0           0               0
     2503202741       2-4FAMILY                         2     NOO       PURCHASE              N                             6.875                6.875              386250                386250               2/1/2007              1/1/2037                  2212.89      360      75     CA                   2/1/2007        N                 515000                   1          3            2212.89                                                                               93927          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            515000                            103000      95                        715           33.11     1YR                                         1/1/2012            6           3           1               3
     2503202746       2-4FAMILY                         2     NOO       PURCHASE              N                                12                   12              103000             102930.72               2/1/2007              1/1/2022                  1059.47      180      20     CA                   2/1/2007        Y                 515000                   2          0            1059.47                                                                               93927          12/29/2006              2      TB0630_BALLOON                                   0            515000                                 0      95                        715           33.11     1YR                                                             0           0           0               0
     2503202747       SFR                               1     OO        REFI                  Y                             6.375                6.375              428000                428000               2/1/2007              1/1/2037                  2273.75      360    73.8     CA                   2/1/2007        N                 580000                   1          0            2273.75                                                                               91001          12/28/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0    73.8                        761           30.83     3YR                                                             0           0           0               0
     2503202780       D-PUDS                            1     OO        REFI                  Y                               6.5                  6.5              650000             649998.39               2/1/2007              1/1/2037                  3520.83      360   68.43     NV                   2/1/2007        N                 950000                   1          3            3520.83                                                                               89183          12/27/2006             17      PA1605EI_ARM-INTONLY                             0                 0                                 0   68.43                        648           33.28     3YR                                         1/1/2012            6           3           1               3
     2503202786       CONDO                             1     NOO       REFI                  Y                             6.825                6.825              125000             124889.61               2/1/2007              1/1/2037                   816.99      360   69.45     NV                   2/1/2007        N                 180000                   1          0             816.99                                                                               89145          12/27/2006             17      PF1630_FIXEDRATE                                 0                 0                                 0   69.45                        648           34.91     3YR                                                             0           0           0               0
     2503202787       2-4FAMILY                         2     NOO       REFI                  N                              5.99                 5.99              705000                705000               2/1/2007              1/1/2037                  3519.13      360      75     CA                   2/1/2007        N                 940000                   1          3            3519.13                                                                               95060          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            141000      90                        701           42.82     3YR                                         1/1/2012            6           3           1               3
     2503202792       SFR                               1     OO        REFI                  Y                              5.75                 5.75              170000             169822.08               2/1/2007              1/1/2037                   992.07      360   64.16     HI                   2/1/2007        N                 265000                   1          0             992.07                                                                               96749            1/3/2007              2      PF0630_FIXEDRATE                                 0                 0                                 0   64.16                        688           25.68     3YR                                                             0           0           0               0
     2503202794       2-4FAMILY                         2     NOO       REFI                  Y                             12.55                12.55              141000             140964.32               2/1/2007              1/1/2022                  1510.31      180      15     CA                   2/1/2007        Y                 940000                   2          0            1510.31                                                                               95060          12/28/2006              2      TB0630_BALLOON                                   0                 0                                 0      90                        701           42.83     NO-PREPAY                                                       0           0           0               0
     2503202814       SFR                               1     OO        REFI                  Y                               6.5                  6.5              490400                490400               2/1/2007              1/1/2037                  2656.33      360      80     NV                   2/1/2007        N                 613000                   1          0            2656.33                                                                               89002            1/3/2007              2      PF0630I_FIX-INTONLY                              0                 0                                 0      80                        686           38.59     3YR                                                             0           0           0               0
     2503202828       SFR                               1     OO        REFI                  N                              5.99                 5.99              442500                442500               2/1/2007              1/1/2037                  2208.81      360      75     CA                   2/1/2007        N                 590000                   1      3.875            2208.81                                                                               95020          12/26/2006              2      PA0605EI_ARM-INTONLY                             0                 0                            147500     100                        699           36.49     3YR                                         1/1/2012            6           3           1           3.875
     2503202829       SFR                               1     OO        REFI                  Y                              6.45                 6.45              345000             344606.31               2/1/2007              1/1/2037                   2169.3      360   67.65     IL                   2/1/2007        N                 510000                   1          0             2169.3                                                                               60653          12/28/2006              1      PF0630_FIXEDRATE                                 0                 0                                 0   67.65                        814           43.99     2YR                                                             0           0           0               0
     2503202831       SFR                               1     OO        PURCHASE              N                               6.3                  6.3              363200                363200               2/1/2007              1/1/2037                   1906.8      360      80     CA                   2/1/2007        N                 475000                   1          3             1906.8                                                                               94804          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            454000                             90800     100                        740           41.03     3YR                                         1/1/2012            6           3           1               3
     2503202852       CONDO                             1     OO        PURCHASE              N                             7.875                7.875              185150             185146.37               2/1/2007              1/1/2037                  1215.05      360      95     FL                   2/1/2007        N                 200000                   1          3            1215.05                                                                               34741          12/29/2006             15      SA1605EI_ARM-INTONLY                            30            194900                                 0      95                        663               0     2YR                                         1/1/2012            6           3           1               3
     2503202857       D-PUDS                            1     NOO       REFI                  N                             6.875                6.875              361250                361250               2/1/2007              1/1/2037                  2069.66      360   71.54     CA                   2/1/2007        N                 505000                   1          0            2069.66                                                                               93551            1/5/2007              8      SF0630I_FIX-INTONLY                              0                 0                                 0   71.54                        699               0     2YR                                                             0           0           0               0
     2503202861       SFR                               1     OO        REFI                  Y                               5.5                  5.5              158000             157827.06               2/1/2007              1/1/2037                   897.11      360   28.37     CA                   2/1/2007        N                 557000                   1          0             897.11                                                                               95076          12/27/2006              7      SF3630_FIXEDRATE                                 0                 0                                 0   28.37                        614           24.86     2YR                                                             0           0           0               0
     2503202874       CONDOTEL                          1     2ND       PURCHASE              N                              6.25                 6.25              292500             292222.47               2/1/2007              1/1/2037                  1800.97      360      75     SC                   2/1/2007        N                 390000                   1          0            1800.97                                                                               29577          12/29/2006              1      PF0630_FIXEDRATE                                 0            390000                                 0      75                        791           35.22     2YR                                                             0           0           0               0
     2503202875       PUD                               1     OO        REFI                  N                              6.95                 6.95              174750             174605.34               2/1/2007              1/1/2037                  1156.75      360      75     FL                   2/1/2007        N                 233000                   1          3            1156.75                                                                               33415            1/2/2007              2      PA1605E_ARM                                      0                 0                             58250     100                        669           48.83     3YR                                         1/1/2012            6           3           1               3
     2503202878       SFR                               1     OO        REFI                  N                              6.25                 6.25              322500             322348.73               2/1/2007              1/1/2037                  1830.96      360      75     IL                   2/1/2007        Y                 430000                   1          4            1830.96                                                                               60634          12/28/2006              2      PL0605E_ARM-BALLOON                              0                 0                             64500      90                        694           46.53     NO-PREPAY                                   1/1/2012            6           3           1               4
     2503202880       SFR                               1     OO        REFI                  N                               6.4                  6.4              292500                292500               2/1/2007              1/1/2037                     1560      360      75     RI                   2/1/2007        N                 390000                   1          3               1560                                                                               02911          12/26/2006              2      PA0605EI_ARM-INTONLY                             0                 0                             97500     100                        720           40.25     1YR                                         1/1/2012            6           3           1               3
     2503202899       SFR                               1     OO        PURCHASE              N                               5.9                  5.9              210000                210000               2/1/2007              1/1/2037                   1032.5      360      75     CA                   2/1/2007        N                 282000                   1          3             1032.5                                                                               95334          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            280000                             70000     100                        706           44.18     3YR                                         1/1/2012            6           3           1               3
     2503202917       SFR                               1     OO        REFI                  Y                              6.65                 6.65              365000             364679.54               2/1/2007              1/1/2037                  2343.17      360   76.85     MD                   2/1/2007        N                 475000                   1          0            2343.17                                                                               21012            1/2/2007              1      PF3630_FIXEDRATE                                 0                 0                                 0   76.85                        611           41.62     3YR                                                             0           0           0               0
     2503202921       CONDO                             1     NOO       PURCHASE              N                               8.6                  8.6              214550                214550               2/1/2007              1/1/2037                  1537.61      360      80     FL                   2/1/2007        N                 275000                   1          3            1537.61                                                                               33785          12/27/2006              2      PA1605EI_ARM-INTONLY                             0            268200                                 0      80                        643           39.69     2YR                                         1/1/2012            6           3           1               3
     2503202968       SFR                               1     NOO       REFI                  Y                             7.375                7.375              141000                141000               2/1/2007              1/1/2037                   866.56      360   74.22     AZ                   2/1/2007        N                 190000                   1          3             866.56                                                                               85302          12/28/2006              8      SA0605EI_ARM-INTONLY                             0                 0                                 0   74.22                        704               0     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503202976       PUD                               1     NOO       REFI                  N                             7.875                7.875              160000                160000               3/1/2007              2/1/2037                     1050      360      80     OR                   2/1/2007        N                 200000                   1          0               1050                                                                               97006            1/8/2007              8      SF0630I_FIX-INTONLY                              0                 0                                 0      80                        699               0     3YR                                                             0           0           0               0
     2503202980       SFR                               1     OO        REFI                  Y                               5.5                  5.5              273000                273000               2/1/2007              1/1/2037                  1251.25      360   79.14     CA                   2/1/2007        N                 345000                   1          3            1251.25                                                                               92408            1/3/2007              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   79.14                        673           48.82     3YR                                         1/1/2012            6           3           1               3
     2503202987       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              408000                408000               2/1/2007              1/1/2037                     2295      360      80     VA                   2/1/2007        N                 510000                   1          3               2295                                                                               22042          12/22/2006              2      PA0605EI_ARM-INTONLY                             0            510000                            102000     100                        706           47.27     3YR                                         1/1/2012            6           3           1               3
     2503202993       SFR                               1     OO        REFI                  Y                             7.125                7.125              343900             343773.51               2/1/2007              1/1/2037                   2168.4      360      95     HI                   2/1/2007        Y                 362000                   1          0             2168.4                                                                               96792          12/29/2006             17      PB0440_BALLOON                                  30                 0                                 0      95                        713           31.37     2YR                                                             0           0           0               0
     2503202999       SFR                               1     NOO       PURCHASE              N                             7.375                7.375               91920                 91920               2/1/2007              1/1/2037                   564.92      360      80     GA                   2/1/2007        N                 118000                   1          3             564.92                                                                               30349          12/28/2006              2      PA0605EI_ARM-INTONLY                             0            114900                                 0      80                        717           30.79     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203039       SFR                               1     NOO       REFI                  Y                              6.75                 6.75              246000                246000               3/1/2007              2/1/2037                  1595.55      360    69.3     LA                   2/1/2007        N                 355000                   1          0            1595.55                                                                               70047            1/4/2007              2      PF0630_FIXEDRATE                                 0                 0                                 0    69.3                        746           21.08     NO-PREPAY                                                       0           0           0               0
     2503203055       SFR                               1     NOO       REFI                  Y                               6.5                  6.5              279000                279000               2/1/2007              1/1/2037                  1511.25      360   69.75     CA                   2/1/2007        N                 400000                   1          3            1511.25                                                                               91764          12/29/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   69.75                        781           34.67     3YR                                         1/1/2012            6           3           1               3
     2503203060       D-PUDS                            1     OO        REFI                  Y                              6.65                 6.65              291750             291627.44               2/1/2007              1/1/2037                  1739.34      360      75     AZ                   2/1/2007        Y                 389000                   1          3            1739.34                                                                               85323          12/29/2006              2      PL3405E_ARM-BALLOON                              0                 0                                 0      75                        617           30.64     3YR                                         1/1/2012            6           3           1               3
     2503203063       SFR                               1     OO        REFI                  Y                               6.5                  6.5              600000                600000               2/1/2007              1/1/2037                     3250      360   69.77     CA                   2/1/2007        N                 860000                   1          3               3250                                                                               91902          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   69.77                        643           42.67     3YR                                         1/1/2012            6           3           1               3
     2503203087       SFR                               1     OO        REFI                  Y                             5.875                5.875              255000             254867.55               2/1/2007              1/1/2037                  1380.89      360    42.5     HI                   2/1/2007        Y                 600000                   1          0            1380.89                                                                               96719          12/29/2006              2      PB0640_BALLOON                                   0                 0                                 0    42.5                        685           42.85     3YR                                                             0           0           0               0
     2503203104       PUD                               1     OO        PURCHASE              N                               6.5                  6.5              250000                249774               2/1/2007              1/1/2037                  1580.17      360   51.55     CA                   2/1/2007        N                 485000                   1          0            1580.17                                                                               91377          12/21/2006             12      SF0630_FIXEDRATE                                 0            485000                                 0   51.55                        720               0     NO-PREPAY                                                       0           0           0               0
     2503203107       CONDO                             1     OO        REFI                  N                               6.8                  6.8              176000             175849.94               2/1/2007              1/1/2037                  1147.39      360      80     IL                   2/1/2007        N                 220000                   1          3            1147.39                                                                               60136          12/28/2006              2      PA0605E_ARM                                      0                 0                             27750   92.62                        710           38.24     3YR                                         1/1/2012            6           3           1               3
     2503203157       SFR                               1     OO        REFI                  N                               6.5                  6.5              520000                520000               2/1/2007              1/1/2037                  2816.67      360      80     CA                   2/1/2007        N                 650000                   1          3            2816.67                                                                               95127          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             65000      90                        671           42.84     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203160       HI-RISE                           1     NOO       PURCHASE              N                             7.125                7.125              265000                265000               2/1/2007              1/1/2037                  1573.44      360   73.82     MN                   2/1/2007        N                 359000                   1          3            1573.44                                                                               55101          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            360000                             70650    93.5                        714           35.43     3YR                                         1/1/2012            6           3           1               3
     2503203167       HI-RISE                           1     NOO       PURCHASE              N                             12.99                12.99               70650              70633.81               2/1/2007              1/1/2022                   780.98      180   19.68     MN                   2/1/2007        Y                 359000                   2          0             780.98                                                                               55102          12/29/2006              2      TB0630_BALLOON                                   0            360000                                 0    93.5                        714           35.43     NO-PREPAY                                                       0           0           0               0
     2503203170       SFR                               1     OO        REFI                  Y                             5.875                5.875              300000             299694.14               2/1/2007              1/1/2037                  1774.61      360      60     CA                   2/1/2007        N                 500000                   1          0            1774.61                                                                               95695          12/28/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      60                        703           25.44     1YR                                                             0           0           0               0
     2503203188       SFR                               1     OO        PURCHASE              N                              6.75                 6.75              420000                420000               2/1/2007              1/1/2037                   2362.5      360      80     CA                   2/1/2007        N                 525000                   1      3.875             2362.5                                                                               92802            1/2/2007              2      PA1605EI_ARM-INTONLY                             0            525000                            105000     100                        679           48.71     1YR                                         1/1/2012            6           3           1           3.875
     2503203223       SFR                               1     OO        REFI                  Y                               6.5                  6.5              200000             199812.42               2/1/2007              1/1/2037                  1170.91      360   65.58     CA                   2/1/2007        Y                 305000                   1          0            1170.91                                                                               92582          12/29/2006              7      SB0640_BALLOON                                   0                 0                                 0   65.58                        687               0     3YR                                                             0           0           0               0
     2503203257       SFR                               1     OO        PURCHASE              N                              5.99                 5.99              472000             471529.23               2/1/2007              1/1/2037                  2826.84      360      80     HI                   2/1/2007        N                 590000                   1      3.875            2826.84                                                                               96734          12/29/2006              2      PA0605E_ARM                                      0            590000                            118000     100                        749           46.83     NO-PREPAY                                   1/1/2012            6           3           1           3.875
     2503203261       SFR                               1     OO        REFI                  Y                             6.658                6.658              101250                101250               2/1/2007              1/1/2037                   561.77      360      75     FL                   2/1/2007        N                 135000                   1          0             561.77                                                                               32536            1/2/2007              2      PF1630I_FIX-INTONLY                              0                 0                                 0      75                        655           31.05     3YR                                                             0           0           0               0
     2503203287       D-PUDS                            1     NOO       REFI                  Y                               7.7                  7.7              276000                276000               3/1/2007              2/1/2037                  1967.77      360   78.86     FL                   2/1/2007        N                 350000                   1          3            1967.77                                                                               32824            1/5/2007              2      PA0605E_ARM                                      0                 0                             51750   93.65                        693           34.81     3YR                                         2/1/2012            6           3           1               3
     2503203288       SFR                               1     NOO       REFI                  Y                              5.99                 5.99              160000             159840.42               2/1/2007              1/1/2037                   958.25      360   34.79     CA                   2/1/2007        N                 460000                   1          0             958.25                                                                               91790          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0   34.79                        752           38.49     3YR                                                             0           0           0               0
     2503203293       SFR                               1     OO        PURCHASE              N                               7.5                  7.5              337500                337500               2/1/2007              1/1/2037                  2109.38      360      75     FL                   2/1/2007        N                 450000                   1          3            2109.38                                                                               33165          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            450000                            112500     100                        693           49.79     1YR                                         1/1/2012            6           3           1               3
     2503203320       CONDO                             1     NOO       REFI                  Y                              7.28                 7.28              112450              112362.8               2/1/2007              1/1/2037                    769.4      360      65     UT                   2/1/2007        N                 173000                   1          0              769.4                                                                               84606          12/27/2006              7      SF0630_FIXEDRATE                                 0                 0                                 0      65                        681               0     NO-PREPAY                                                       0           0           0               0
     2503203335       SFR                               1     OO        PURCHASE              N                               6.2                  6.2              461250                461250               2/1/2007              1/1/2037                  2383.13      360      75     CA                   2/1/2007        N                 615000                   1          3            2383.13                                                                               91709          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            615000                            153750     100                        742           41.37     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203338       SFR                               1     OO        REFI                  Y                               6.5                  6.5              210000                210000               2/1/2007              1/1/2037                   1137.5      360   64.62     CA                   2/1/2007        N                 325000                   1          3             1137.5                                                                               93311          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0   64.62                        668           28.28     3YR                                         1/1/2012            6           3           1               3
     2503203347       SFR                               1     OO        REFI                  Y                             6.125                6.125              553000             552462.51               2/1/2007              1/1/2037                  3360.09      360      70     CA                   2/1/2007        N                 790000                   1          0            3360.09                                                                               92562          12/29/2006              2      PF0630_FIXEDRATE                                 0                 0                                 0      70                        727           50.99     3YR                                                             0           0           0               0
     2503203348       SFR                               1     OO        REFI                  Y                              7.45                 7.45              464000                464000               2/1/2007              1/1/2037                  2880.67      360      80     CA                   2/1/2007        N                 580000                   1          3            2880.67                                                                               93635          12/28/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        625           40.47     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203357       SFR                               1     OO        REFI                  N                              6.75                 6.75              600000                600000               2/1/2007              1/1/2037                     3375      360      80     CA                   2/1/2007        N                 750000                   1          3               3375                                                                               93906          12/26/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             75000      90                        667           33.43     2YR                                         1/1/2012            6           3           1               3
     2503203378       SFR                               1     OO        REFI                  Y                                 6                    6              203000             202993.68               2/1/2007              1/1/2037                     1015      360      70     NV                   2/1/2007        N                 290000                   1      3.875               1015                                                                               89156          12/28/2006              2      PA0605EI_ARM-INTONLY                             0                 0                                 0      70                        704           48.55     2YR                                         1/1/2012            6           3           1           3.875
     2503203417       2-4FAMILY                         2     OO        REFI                  N                             5.875                5.875              195000             194322.31               2/1/2007              1/1/2022                  1632.38      180   46.99     IL                   2/1/2007        N                 415000                   1          0            1632.38                                                                               60641          12/28/2006              1      PF0615_FIXEDRATE                                 0                 0                                 0   46.99                        801           46.42     3YR                                                             0           0           0               0
     2503203448       D-PUDS                            1     OO        PURCHASE              N                              6.65                 6.65              199920                199920               2/1/2007              1/1/2037                  1107.89      360      80     NV                   2/1/2007        N                 250000                   1       3.95            1107.89                                                                               89142            1/3/2007              2      PA0605EI_ARM-INTONLY                             0            249900                             49980     100                        702              50     NO-PREPAY                                   1/1/2012            6           3           1            3.95
     2503203475       2-4FAMILY                         2     NOO       REFI                  Y                              8.39                 8.39              625600                625600               3/1/2007              2/1/2037                  4373.99      360      80     CA                   2/1/2007        N                 782000                   1          3            4373.99                                                                               94541           1/19/2007              2      PA0605EI_ARM-INTONLY                             0                 0                            117300      95                        704           31.11     1YR                                         2/1/2012            6           3           1               3
     2503203489       SFR                               1     OO        PURCHASE              N                             6.365                6.365              480000                480000               2/1/2007              1/1/2037                     2546      360      75     CA                   2/1/2007        N                 640000                   1          3               2546                                                                               91304          12/28/2006              2      PA1605EI_ARM-INTONLY                             0            640000                            160000     100                        646           44.06     3YR                                         1/1/2012            6           3           1               3
     2503203523       2-4FAMILY                         2     NOO       PURCHASE              N                              9.45                 9.45              119625                119625               3/1/2007              2/1/2037                   942.05      360      75     NJ                   2/1/2007        N                 159500                   1          3             942.05                                                                               08066            1/5/2007              2      PA1605EI_ARM-INTONLY                             0            159500                             31900      95                        674           29.37     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503203551       PUD                               1     OO        PURCHASE              N                               7.2                  7.2              184000                184000               2/1/2007              1/1/2037                     1104      360      80     CO                   2/1/2007        N                 230000                   1       2.25               1104                                                                               80013          12/26/2006              2      AA1607EI_ARM-INTONLY                             0            230000                             46000     100                        773           23.79     3YR                                         1/1/2014         4.79           3           1            2.25
     2503203563       CONDO                             1     NOO       PURCHASE              N                             7.375                7.375              176400             176265.77               2/1/2007              1/1/2037                  1218.35      360      80     CO                   2/1/2007        N                 221000                   1          3            1218.35                                                                               80027            1/3/2007             17      PA0605E_ARM                                      0            220500                                 0      80                        686           40.08     3YR                                         1/1/2012        4.615           3           1               3
     2503203568       SFR                               1     OO        PURCHASE              N                              6.15                 6.15              280000                280000               2/1/2007              1/1/2037                     1435      360      80     IL                   2/1/2007        N                 350000                   1          3               1435                                                                               60478          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            350000                             70000     100                        724           49.83     3YR                                         1/1/2012            6           3           1               3
     2503203612       SFR                               1     OO        REFI                  N                              6.99                 6.99              200000                200000               2/1/2007              1/1/2037                     1165      360      80     WA                   2/1/2007        N                 250000                   1          3               1165                                                                               98405          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                             37500      95                        646           43.96     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203632       CONDO                             1     NOO       PURCHASE              N                             6.375                6.375              243750                243750               3/1/2007              2/1/2037                  1294.92      360      75     MS                   2/1/2007        N                 355000                   1          0            1294.92                                                                               39560            1/9/2007              1      PF0630I_FIX-INTONLY                              0            325000                             65000      95                        784           25.61     2YR                                                             0           0           0               0
     2503203638       SFR                               1     OO        PURCHASE              N                               6.9                  6.9              186000                186000               2/1/2007              1/1/2037                   1069.5      360      80     CA                   2/1/2007        N                 241000                   1      3.875             1069.5                                                                               93727          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            232500                             46500     100                        645           37.16     2YR                                         1/1/2012            6           3           1           3.875
     2503203642       SFR                               1     NOO       REFI                  Y                               6.3                  6.3              285600                285600               2/1/2007              1/1/2037                   1499.4      360      70     CA                   2/1/2007        N                 408000                   1          3             1499.4                                                                               93635          12/27/2006              2      PA1605EI_ARM-INTONLY                             0                 0                                 0      70                        655            41.9     3YR                                         1/1/2012            6           3           1               3
     2503203682       SFR                               1     OO        REFI                  Y                               6.3                  6.3              300000             299718.08               2/1/2007              1/1/2037                  1856.92      360   47.62     CA                   2/1/2007        N                 630000                   1          0            1856.92                                                                               93030            1/2/2007             17      PF1630_FIXEDRATE                                 0                 0                                 0   47.62                        644           40.71     2YR                                                             0           0           0               0
     2503203696       SFR                               1     OO        PURCHASE              N                              6.45                 6.45              313760                313760               3/1/2007              2/1/2037                  1686.46      360      80     NY                   2/1/2007        N                 400000                   1          3            1686.46                                                                               11575            1/3/2007              2      PA0605EI_ARM-INTONLY                             0            392200                             78440     100                        718           43.91     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503203700       SFR                               1     OO        PURCHASE              N                              6.25                 6.25              279920                279920               2/1/2007              1/1/2037                  1457.92      360      80     CA                   2/1/2007        N                 349900                   1          3            1457.92                                                                               92553          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            349900                             69980     100                        681           42.45     3YR                                         1/1/2012            6           3           1               3
     2503203740       SFR                               1     OO        PURCHASE              N                               7.6                  7.6               99200              99168.12               2/1/2007              1/1/2037                   660.15      360      80     FL                   2/1/2007        Y                 124000                   1          3             660.15                                                                               32211          12/28/2006              2      PL0605E_ARM-BALLOON                              0            124000                             24800     100                        704           39.73     3YR                                         1/1/2012            6           3           1               3
     2503203763       SFR                               1     OO        PURCHASE              N                               6.2                  6.2              291900                291900               2/1/2007              1/1/2037                  1508.15      360      80     VA                   2/1/2007        N                 400000                   1          3            1508.15                                                                               22193          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            364900                             72950   99.99                        786           38.55     2YR                                         1/1/2012            6           3           1               3
     2503203803       SFR                               1     NOO       REFI                  N                              6.25                 6.25              460000                460000               2/1/2007              1/1/2037                  2395.83      360   63.72     CA                   2/1/2007        N                 722000                   1          3            2395.83                                                                               94587            1/4/2007              2      PA0605EI_ARM-INTONLY                             0                 0                                 0   63.72                        749           27.87     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203845       SFR                               1     OO        REFI                  N                             6.875                6.875              320000                320000               2/1/2007              1/1/2037                  1833.33      360      80     CA                   2/1/2007        N                 400000                   1          3            1833.33                                                                               92544          12/29/2006              2      PA2605EI_ARM-INTONLY                             0                 0                                 0      80                        620           36.24     1YR                                         1/1/2012            6           3           1               3
     2503203888       SFR                               1     NOO       REFI                  Y                              7.81                 7.81              502000                502000               2/1/2007              1/1/2037                  3267.18      360   74.93     CA                   2/1/2007        N                 670000                   1          3            3267.18                                                                               95122          12/28/2006              2      PA1605EI_ARM-INTONLY                             0                 0                            134000   94.93                        672           44.66     NO-PREPAY                                   1/1/2012            6           3           1               3
     2503203890       2-4FAMILY                         3     OO        PURCHASE              N                               8.3                  8.3              502500                502500               2/1/2007              1/1/2037                  3475.63      360      75     NY                   2/1/2007        N                 670000                   1          3            3475.63                                                                               11233          12/29/2006              2      PA0605EI_ARM-INTONLY                             0            670000                            167500     100                        716           48.28     1YR                                         1/1/2012            6           3           1               3
     2503203892       SFR                               1     NOO       REFI                  Y                              12.5                 12.5              134000              133965.7               2/1/2007              1/1/2022                  1430.13      180      20     CA                   2/1/2007        Y                 670000                   2          0            1430.13                                                                               95122          12/28/2006              2      TB1630_BALLOON                                   0                 0                                 0   94.93                        672           44.66     NO-PREPAY                                                       0           0           0               0
     2503203918       SFR                               1     OO        REFI                  Y                             6.125                6.125             1088000               1088000               2/1/2007              1/1/2037                  5553.33      360    55.8     CA                   2/1/2007        N                1950000                   1          0            5553.33                                                                               93908          12/28/2006              2      PF0630I_FIX-INTONLY                              0                 0                                 0    55.8                        702           42.59     1YR                                                             0           0           0               0
     2503204124       SFR                               1     NOO       REFI                  N                             5.875                5.875              154000                154000               2/1/2007              1/1/2037                   753.96      360      70     FL                   2/1/2007        N                 220000                   1          3             753.96                                                                               32967          12/29/2006              2      PA0607EI_ARM-INTONLY                             0                 0                             44000      90                        689           38.84     3YR                                         1/1/2014            6           3           1               3
     2503204128       SFR                               1     NOO       REFI                  Y                             12.39                12.39               44000                 44000               2/1/2007              1/1/2022                    454.3      180      20     FL                   2/1/2007        Y                 220000                   2          0              454.3                                                                               32967          12/29/2006              2      TB0630I_BALLOON-INTONLY                          0                 0                                 0      90                        689           38.84     3YR                                                             0           0           0               0
     2503204130       SFR                               1     OO        PURCHASE              N                               6.4                  6.4              164000                164000               2/1/2007              1/1/2037                   874.67      360      80     CA                   2/1/2007        N                 205000                   1          3             874.67                                                                               93702            1/2/2007              2      PA1605EI_ARM-INTONLY                             0            205000                             41000     100                        642           40.85     2YR                                         1/1/2012            6           3           1               3
     2503204154       SFR                               1     NOO       PURCHASE              N                             7.875                7.875              172500                172499               2/1/2007              1/1/2037                  1132.03      360      75     IL                   2/1/2007        N                 250000                   1       2.75            1132.03                                                                               60638          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            230000                             34500      90                        674           15.03     NO-PREPAY                                   1/1/2012            6           3           1            2.75
     2503204156       SFR                               1     NOO       PURCHASE              N                             12.54                12.54               34500              34491.25               2/1/2007              1/1/2022                   369.28      180      15     IL                   2/1/2007        Y                 250000                   2          0             369.28                                                                               60638          12/29/2006              2      TB1630_BALLOON                                   0            230000                                 0      90                        674           15.03     NO-PREPAY                                                       0           0           0               0
     2503204208       SFR                               1     OO        PURCHASE              N                              6.71                 6.71              320000                320000               2/1/2007              1/1/2037                  1789.33      360      80     CA                   2/1/2007        N                 400000                   1          3            1789.33                                                                               94585          12/29/2006              2      PA1605EI_ARM-INTONLY                             0            400000                             80000     100                        670           40.78     1YR                                         1/1/2012            6           3           1               3
     2503204322       SFR                               1     OO        REFI                  Y                              6.75                 6.75              648000             647735.25               2/1/2007              1/1/2037                  3909.75      360      80     HI                   2/1/2007        Y                 810000                   1          0            3909.75                                                                               96720            1/3/2007              2      PB1640_BALLOON                                   0                 0                             81000      90                        662           43.32     3YR                                                             0           0           0               0
     2503204544       CONDO                             1     OO        PURCHASE              N                               8.5                  8.5              101925                101925               3/1/2007              2/1/2037                   721.97      360      75     FL                   2/1/2007        N                 136000                   1       6.65             721.97                                                                               32822           1/26/2007              2      PA1602EI_ARM-INTONLY                             0            135900                             33975     100                        676           37.42     1YR                                         2/1/2009            6           3           1            6.65
     2503204648       CONDO                             1     NOO       PURCHASE              N                             7.375                7.375              176400             176265.77               2/1/2007              1/1/2037                  1218.35      360      80     CO                   2/1/2007        N                 221000                   1      3.875            1218.35                                                                               80027            1/3/2007             17      PA0605E_ARM                                      0            220500                                 0      80                        686           43.33     3YR                                         1/1/2012        4.615           3           1           3.875
     2503204946       SFR                               1     NOO       REFI                  Y                             7.375                7.375               71250                 71250               3/1/2007              2/1/2037                   492.11      360      75     FL                   2/1/2007        N                  95000                   1          3             492.11                                                                               33712            1/5/2007              7      SA0605E_ARM                                      0                 0                                 0      75                        691               0     NO-PREPAY                                   2/1/2012            6           3           1               3
     2503206276       D-PUDS                            1     OO        PURCHASE              N                             8.675                8.675              393750                393750               3/1/2007              2/1/2037                  2846.48      360      75     CA                   2/1/2007        N                 530000                   1       2.75            2846.48                                                                               92883           1/18/2007              2      PA0605EI_ARM-INTONLY                             0            525000                            131250     100                        779           42.47     5YR                                         2/1/2012            6           3           1            2.75
     2503207804       SFR                               1     NOO       PURCHASE              N                             9.163                9.163              303300                303300               3/1/2007              2/1/2037                  2476.08      360      90     FL                   2/1/2007        N                 337000                   1      3.875            2476.08                                                                               33613           1/30/2007             17      PA0405E_ARM                                     25            337000                                 0      90                        683           48.43     1YR                                         2/1/2012            6           3           1           3.875
     3900013477       2-4FAMILY                         2     NOO       PURCHASE              N                             6.625                6.625              141600             130836.43               5/1/2005              4/1/2020                  1243.24      180      80     NY                   2/1/2007        N                 177500                   1          0            1243.24                                                                               12601           4/29/2005              7      BF1615_FIXEDRATE                                 0            177000                                 0      80                        652          43.281     3YR                                                             0           0           0               0

         AP_NUM            LPMIPrem        NEXT_RATE_ADJ     FOREIGN_NATL            PaymentTable LOANTYPE           CREDQUAL                       AMORT    INDEXP                     INT_ONLY_MOS   Status          PURCH_SERVICING          ESCROW_LOAN        MERS_MOM         MERS_MIN     B1_SSN     C1_SSN    a_Group4
     1103456431                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                              1.0009E+17                          FIX-2
     1103583987                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103583988                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00099E+17                          FIX-2
     1103589683                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00099E+17                          FIX-2
     1103597944                   0                          N                                    BALLOON            SERIES1                    360/5/360                                          0                                                                             1.00113E+17                          FIX-2
     1103598702                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00066E+17                          ARM-1
     1103598737                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00066E+17                          FIX-2
     1103600016                   0            10/1/2009     N                                    ARM                EXPRESS1                   360/4/360    6MOLIBORWSJ                           0                                                                              1.0001E+17                          ARM-1
     1103601089                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00453E+17                          ARM-1
     1103601507                   0                          N                                    BALLOON            SERIES0                    360/5/360                                          0                                                                             1.00366E+17                          FIX-2
     1103603801                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                               1.004E+17                          FIX-2
     1103603949                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00063E+17                          FIX-2
     1103604645                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00104E+17                          ARM-1
     1103604756                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00145E+17                          FIX-2
     1103605051                   0                          N                                    BALLOON            SERIES1                    360/5/360                                          0                                                                             1.00078E+17                          FIX-2
     1103605109                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                         60                                                                             1.00063E+17                          FIX-2
     1103606245                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00136E+17                          FIX-2
     1103606554                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103606577                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00407E+17                          FIX-2
     1103606837                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103607071                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00039E+17                          FIX-2
     1103608139                   0             9/1/2011     N                                    ARM-INTONLY        SERIES2                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00033E+17                          ARM-1
     1103608265                   0                          N                                    BALLOON            SERIES2                    360/4/360                                          0                                                                             1.00125E+17                          FIX-2
     1103608814                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00316E+17                          FIX-2
     1103608887                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                              1.0041E+17                          FIX-2
     1103609668                   0            10/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/4/360    6MOLIBORWSJ                          60                                                                             1.00094E+17                          ARM-1
     1103610210                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00094E+17                          FIX-2
     1103610321                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103610614                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00094E+17                          FIX-2
     1103610990                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00256E+17                          FIX-2
     1103611160                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103611297                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00415E+17                          FIX-2
     1103611298                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                             1.00017E+17                          FIX-2
     1103611606                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00302E+17                          ARM-1
     1103612103                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103612648                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00453E+17                          FIX-2
     1103612937                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00104E+17                          ARM-1
     1103612939                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00104E+17                          FIX-2
     1103613232                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103613313                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00407E+17                          FIX-2
     1103613522                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00094E+17                          FIX-2
     1103613808                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                              1.0011E+17                          FIX-2
     1103613866                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00348E+17                          FIX-2
     1103613902                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103613903                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103614092                   0             4/1/2007     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103614240                   0                          N                                    FIXEDRATE          A1                         360/3/360                                          0                                                                             1.00415E+17                          FIX-2
     1103614263                   0            10/1/2011     N                                    ARM-INTONLY        SERIES1                    360/4/360    6MOLIBORWSJ                          60                                                                             1.00033E+17                          ARM-1
     1103614274                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00094E+17                          FIX-2
     1103615431                   0                          N                                    FIX-INTONLY        A                          360/3/360                                         60                                                                             1.00136E+17                          FIX-2
     1103615597                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00453E+17                          ARM-1
     1103615705                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00094E+17                          FIX-2
     1103615848                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00104E+17                          FIX-2
     1103615884                   0                          N                                    BALLOON            SERIES2                    360/5/360                                          0                                                                             1.00366E+17                          FIX-2
     1103615897                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                             1.00104E+17                          FIX-2
     1103616014                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00364E+17                          FIX-2
     1103616325                   0                          N                                    FIX-INTONLY        A                          360/4/360                                         60                                                                             1.00104E+17                          FIX-2
     1103616560                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103616594                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00407E+17                          ARM-1
     1103616602                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00407E+17                          FIX-2
     1103616655                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00058E+17                          FIX-2
     1103616851                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0041E+17                          FIX-2
     1103616911                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00247E+17                          FIX-2
     1103616945                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00104E+17                          FIX-2
     1103617093                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                             1.00453E+17                          FIX-2
     1103617108                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                         60                                                                             1.00415E+17                          FIX-2
     1103617296                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00306E+17                          FIX-2
     1103617308                   0                          N                                    FIX-INTONLY        SERIES2                    360/3/360                                         60                                                                             1.00145E+17                          FIX-2
     1103617361                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00453E+17                          FIX-2
     1103617417                   0                          N                                    BALLOON            SERIES1                    360/4/360                                          0                                                                             1.00317E+17                          FIX-2
     1103617456                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00099E+17                          FIX-2
     1103617470                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00317E+17                          FIX-2
     1103617514                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                              1.0009E+17                          FIX-2
     1103617752                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103618392                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                                                                  ARM-1
     1103618752                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0041E+17                          FIX-2
     1103618857                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                             1.00104E+17                          FIX-2
     1103618970                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00133E+17                          FIX-2
     1103619005                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00145E+17                          FIX-2
     1103619443                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103619475                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103619548                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00109E+17                          FIX-2
     1103619600                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00017E+17                          FIX-2
     1103619615                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103619725                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00145E+17                          FIX-2
     1103619744                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00183E+17                          FIX-2
     1103619793                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103619816                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00099E+17                          FIX-2
     1103619893                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103619924                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00017E+17                          FIX-2
     1103619962                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00158E+17                          ARM-1
     1103620131                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                             1.00467E+17                          FIX-2
     1103620139                   0            11/1/2011     N                                    ARM                SERIES1                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00017E+17                          ARM-1
     1103620148                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                              1.0013E+17                          FIX-1
     1103620162                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103620213                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00175E+17                          FIX-2
     1103620452                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                         60                                                                             1.00246E+17                          FIX-2
     1103620463                   0                          N                                    FIXEDRATE          SERIES0                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103620555                   0                          N                                    FIXEDRATE          SERIES0                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103620747                   0                          N                                    FIXEDRATE          SERIES0                    360/5/360                                          0                                                                             1.00024E+17                          FIX-1
     1103620877                   0                          N                                    FIXEDRATE          EXPRESS1                   360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103621086                   0                          N                                    FIXEDRATE          SERIES0                    360/5/360                                          0                                                                             1.00024E+17                          FIX-1
     1103621173                   0                          N                                    FIX-INTONLY        ADAPT0                     360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103621188                   0                          N                                    FIX-INTONLY        SERIES1                    360/5/360                                        120                                                                             1.00024E+17                          FIX-1
     1103621202                   0                          N                                    FIX-INTONLY        SERIES1                    360/5/360                                        120                                                                             1.00024E+17                          FIX-1
     1103621235                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00111E+17                          FIX-1
     1103621922                   0                          N                                    FIX-INTONLY        SERIES2                    360/5/360                                        120                                                                             1.00024E+17                          FIX-1
     1103622102                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00109E+17                          FIX-2
     1103622128                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103622163                   0                          N                                    BALLOON            SERIES2                    360/4/360                                          0                                                                             1.00453E+17                          FIX-2
     1103622192                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00176E+17                          FIX-2
     1103622203                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00094E+17                          ARM-1
     1103622220                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00094E+17                          FIX-2
     1103622272                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
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     1103622449                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103622512                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
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     1103622604                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00175E+17                          FIX-2
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     1103622621                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
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     1103622928                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
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     1103623222                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
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     1103623600                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
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     1103623883                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00079E+17                          FIX-1
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     1103623896                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103623918                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                         60                                                                             1.00063E+17                          FIX-2
     1103623958                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00033E+17                          ARM-1
     1103623967                   0            12/1/2013     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00094E+17                          ARM-1
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     1103624018                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00079E+17                          ARM-1
     1103624031                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00453E+17                          ARM-1
     1103624034                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                                                                  FIX-2
     1103624055                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00267E+17                          ARM-1
     1103624115                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00317E+17                          FIX-2
     1103624200                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00185E+17                          FIX-2
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     1103624323                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
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     1103624624                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00079E+17                          ARM-1
     1103624640                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
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     1103624683                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00122E+17                          FIX-2
     1103624697                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00109E+17                          FIX-2
     1103624732                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103624739                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103624740                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103624792                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00047E+17                          ARM-1
     1103624821                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103624899                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00183E+17                          FIX-2
     1103624908                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103624910                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00109E+17                          FIX-2
     1103625029                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00094E+17                          ARM-1
     1103625032                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00094E+17                          FIX-2
     1103625121                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00063E+17                          FIX-2
     1103625144                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00453E+17                          FIX-2
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     1103625159                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00365E+17                          FIX-2
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     1103625174                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103625175                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                                                                  FIX-2
     1103625259                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                                                                  FIX-2
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     1103625295                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00109E+17                          FIX-2
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     1103625342                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00122E+17                          FIX-2
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     1103625657                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                             1.00079E+17                          FIX-1
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     1103625686                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00079E+17                          ARM-1
     1103625693                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00104E+17                          FIX-2
     1103625712                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00453E+17                          FIX-2
     1103625731                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                         60                                                                             1.00158E+17                          FIX-2
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     1103625798                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
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     1103625837                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103625842                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103625845                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103625864                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
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     1103626046                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103626113                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00365E+17                          ARM-1
     1103626114                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00365E+17                          FIX-2
     1103626160                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00173E+17                          FIX-2
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     1103626369                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
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     1103626983                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00109E+17                          FIX-2
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     1103627013                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
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     1103627541                   0                          N                                    FIXEDRATE          SERIES1                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103627567                   0                          N                                    FIXEDRATE          EXPRESS2                   360/4/360                                          0                                                                             1.00024E+17                          FIX-1
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     1103627661                   0                          N                                    FIXEDRATE          SERIES1                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
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     1103627716                   0                          N                                    FIXEDRATE          EXPRESS1                   360/5/360                                          0                                                                             1.00437E+17                          FIX-1
     1103627743                   0                          N                                    FIXEDRATE          SERIES1                    360/4/360                                          0                                                                             1.00214E+17                          FIX-1
     1103627777                   0                          N                                    FIXEDRATE          SERIES2                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103627841                   0                          N                                    FIXEDRATE          SERIES0                    360/4/360                                          0                                                                             1.00024E+17                          FIX-1
     1103627853                   0                          N                                    FIX-INTONLY        ADAPT1                     360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103627897                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103627898                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103627907                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628034                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                        120                                                                             1.00214E+17                          FIX-1
     1103628036                   0                          N                                    FIX-INTONLY        SERIES2                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628059                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628090                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628173                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628176                   0                          N                                    FIX-INTONLY        SERIES2                    360/4/360                                        120                                                                             1.00187E+17                          FIX-1
     1103628184                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628206                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628216                   0                          N                                    FIX-INTONLY        SERIES2                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628279                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628316                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628320                   0                          N                                    FIX-INTONLY        ADAPT1                     360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628435                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00188E+17                          FIX-1
     1103628461                   0                          N                                    FIX-INTONLY        SERIES1                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628467                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628499                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628532                   0                          N                                    FIX-INTONLY        SERIES2                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103628583                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00113E+17                          FIX-2
     1103628592                   0                          N                                    FIXEDRATE          SERIES1                    180/3/180                                          0                                                                              1.0009E+17                          FIX-2
     1103628629                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00079E+17                          FIX-1
     1103628658                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                         60                                                                             1.00097E+17                          FIX-2
     1103628662                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103628665                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00109E+17                          FIX-2
     1103628766                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00063E+17                          FIX-2
     1103628787                   0            10/1/2009     N                                    ARM-INTONLY        SERIES2                    360/4/360    6MOLIBORWSJ                          60                                                                             1.00029E+17                          ARM-1
     1103628810                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    6MOLIBORWSJ                         120                                                                             1.00029E+17                          ARM-1
     1103628873                   0            11/1/2011     N                                    BALLOON            SERIES3                    480/3/480    6MOLIBORWSJ                           0                                                                             1.00104E+17                          ARM-1
     1103628924                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00474E+17                          ARM-1
     1103628930                   0            12/1/2013     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00176E+17                          ARM-1
     1103628996                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00182E+17                          FIX-2
     1103629015                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                              1.0009E+17                          FIX-2
     1103629099                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00099E+17                          FIX-2
     1103629150                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103629156                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
     1103629182                   0            11/1/2011     N                                    ARM-INTONLY        SERIES2                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629183                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629184                   0            11/1/2011     N                                    ARM-INTONLY        SERIES3                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629187                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629191                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629194                   0            11/1/2011     N                                    ARM-INTONLY        SERIES2                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629195                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629196                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629199                   0            11/1/2011     N                                    ARM-INTONLY        SERIES2                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629202                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629209                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629210                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629215                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629216                   0            11/1/2013     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103629217                   0            10/1/2011     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103629243                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00066E+17                          FIX-2
     1103629247                2.46             9/1/2008     N                                    ARM                ADAPT2                     360/5/360    6MOLIBORWSJ                           0                                                                             1.00039E+17                          ARM-1
     1103629251                 1.2             9/1/2008     N                                    ARM                ADAPT1                     360/5/360    6MOLIBORWSJ                           0                                                                             1.00077E+17                          ARM-1
     1103629268                   0            12/1/2009     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103629317                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103629321                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00094E+17                          FIX-1
     1103629407                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00421E+17                          FIX-1
     1103629430                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103629473                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103629529                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103629531                   0                          N                                    FIX-INTONLY        SERIES2                    360/2/360                                         60                                                                             1.00175E+17                          FIX-2
     1103629561                   0            12/1/2011     N                                    BALLOON            SERIES1                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00094E+17                          ARM-1
     1103629603                   0            12/1/2011     N                                    ARM                SERIES2                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00419E+17                          ARM-1
     1103629625                   0             1/1/2012     N                                    ARM-INTONLY        SERIES2                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103629696                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103629714                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103629768                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00099E+17                          FIX-2
     1103629843                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00125E+17                          ARM-1
     1103629852                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00047E+17                          ARM-1
     1103629866                   0                          N                                    FIX-INTONLY        A1                         360/3/360                                        120                                                                             1.00273E+17                          FIX-2
     1103629923                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00316E+17                          FIX-1
     1103629925                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                               1.004E+17                          FIX-2
     1103629946                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103629956                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103630032                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00104E+17                          ARM-1
     1103630058                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00364E+17                          ARM-1
     1103630059                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103630062                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103630063                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103630085                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103630155                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103630161                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103630260                1.41                          N                                    FIXEDRATE          SERIES2                    360/2/360                                          0                                                                             1.00078E+17                          FIX-1
     1103630318                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103630324                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103630326                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00316E+17                          ARM-1
     1103630331                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00316E+17                          FIX-2
     1103630375                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00316E+17                          ARM-1
     1103630429                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103630433                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103630475                   0                          N                                    FIXEDRATE          A+                         360/2/360                                          0                                                                             1.00348E+17                          FIX-2
     1103630571                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103630597                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                              1.0047E+17                          FIX-2
     1103630680                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630686                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630694                   0                          N                                    FIXEDRATE          SERIES0                    360/5/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630703                   0                          N                                    FIX-INTONLY        ADAPT1                     360/6/360                                         60                                                                             1.00212E+17                          FIX-1
     1103630706                   0                          N                                    FIXEDRATE          ADAPT2                     360/5/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630718                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/3/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630733                   0                          N                                    FIXEDRATE          ADAPT1                     360/3/360                                          0                                                                             1.00212E+17                          FIX-1
     1103630745                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/3/360                                        120                                                                             1.00212E+17                          FIX-1
     1103630778                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00419E+17                          ARM-1
     1103630819                   0            12/1/2011     N                                    ARM                EXPRESS1+                  360/2/360    6MOLIBORWSJ                           0                                                                             1.00419E+17                          ARM-1
     1103630825                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103630837                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103630838                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103630847                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00357E+17                          ARM-1
     1103630896                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103630929                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103630936                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00079E+17                          FIX-1
     1103630970                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-1
     1103631031                   0            12/1/2009     N                                    BALLOON            SERIES1                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00094E+17                          ARM-1
     1103631039                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103631071                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00079E+17                          FIX-1
     1103631139                   0            11/1/2013     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631162                   0                          N                                    FIXEDRATE          SERIES1                    180/3/180                                          0                                                                             1.00366E+17                          FIX-2
     1103631166                   0                          N                                    BALLOON            ADAPT0                     360/3/360                                          0                                                                             1.00366E+17                          FIX-2
     1103631175                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103631208                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00079E+17                          ARM-1
     1103631217                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103631230                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103631253                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103631255                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631267                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631271                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631273                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631274                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631278                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631286                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631291                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103631292                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00096E+17                          ARM-1
     1103631297                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                                                                  FIX-2
     1103631306                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103631310                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103631311                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103631312                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00078E+17                          FIX-2
     1103631315                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103631321                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00317E+17                          FIX-2
     1103631360                   0                          N                                    FIXEDRATE          A                          360/2/360                                          0                                                                             1.00058E+17                          FIX-2
     1103631384                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103631393                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
     1103631427                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103631429                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103631435                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103631458                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103631475                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00365E+17                          ARM-1
     1103631525                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103631526                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103631528                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00039E+17                          ARM-1
     1103631529                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00039E+17                          FIX-2
     1103631531                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00182E+17                          FIX-2
     1103631556                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00399E+17                          ARM-1
     1103631591                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103631884                   0           11/16/2008     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00078E+17                          ARM-1
     1103631885                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103631899                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103631900                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103631921                   0                          N                                    FIXEDRATE          A+                         360/2/360                                          0                                                                             1.00134E+17                          FIX-2
     1103631940                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103631952                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103631967                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00094E+17                          FIX-1
     1103631997                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00415E+17                          FIX-2
     1103632006                   0                          N                                    FIXEDRATE          SERIES3                    360/2/360                                          0                                                                             1.00437E+17                          FIX-1
     1103632012                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103632049                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00316E+17                          ARM-1
     1103632053                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00366E+17                          ARM-1
     1103632066                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00306E+17                          ARM-1
     1103632067                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00306E+17                          FIX-2
     1103632070                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103632071                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103632083                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00316E+17                          ARM-1
     1103632091                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103632110                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103632112                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103632183                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103632199                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00317E+17                          ARM-1
     1103632210                   0             9/1/2011     N                                    ARM-INTONLY        SERIES0                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00366E+17                          ARM-1
     1103632219                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00317E+17                          FIX-2
     1103632263                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00066E+17                          FIX-2
     1103632271                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103632312                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00478E+17                          ARM-1
     1103632319                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103632354                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00079E+17                          FIX-1
     1103632386                0.64            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103632436                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103632448                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                              1.0009E+17                          FIX-1
     1103632491                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0041E+17                          ARM-1
     1103632500                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0041E+17                          FIX-2
     1103632508                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00061E+17                          FIX-1
     1103632522                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103632533                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103632534                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103632561                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00317E+17                          ARM-1
     1103632562                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00317E+17                          FIX-2
     1103632591                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00152E+17                          FIX-2
     1103632594                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00415E+17                          ARM-1
     1103632600                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00415E+17                          FIX-2
     1103632683                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                              1.0036E+17                          FIX-2
     1103632695                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103632696                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103632703                0.67            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00058E+17                          ARM-1
     1103632725                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103632747                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00306E+17                          FIX-2
     1103632764                   0            10/1/2008     N                                    ARM                SERIES0                    360/4/360    6MOLIBORWSJ                           0                                                                             1.00024E+17                          ARM-1
     1103632768                   0            10/1/2008     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103632791                   0            10/1/2007     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103632803                   0            11/1/2007     N                                    ARM                ADAPT2                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103632804                   0             9/1/2007     N                                    ARM                ADAPT1                     360/5/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103632811                   0            11/1/2007     N                                    ARM                ADAPT1                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103632812                   0             8/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/6/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103632817                   0            10/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00111E+17                          ARM-1
     1103632828                   0             9/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                              1.0013E+17                          ARM-1
     1103632830                   0             8/1/2007     N                                    ARM                ADAPT0                     360/6/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103632836                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103632837                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103632840                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103632846                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103632848                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103632873                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00037E+17                          FIX-1
     1103632940                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
     1103632967                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103632978                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103633010                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103633013                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103633019                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00071E+17                          ARM-1
     1103633036                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103633086                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103633093                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103633095                   0            10/1/2011     N                                    ARM-INTONLY        SERIES1                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103633164                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103633174                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103633180                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00094E+17                          ARM-1
     1103633213                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103633274                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00273E+17                          ARM-1
     1103633289                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                         60                                                                             1.00273E+17                          FIX-2
     1103633307                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103633351                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103633374                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103633456                   0            12/1/2009     N                                    ARM                EXPRESS2                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00061E+17                          ARM-1
     1103633469                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103633471                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00094E+17                          ARM-1
     1103633522                   0             5/1/2007     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633525                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633528                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633537                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633542                   0             5/1/2007     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633543                   0            11/1/2013     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633548                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633551                   0             5/1/2007     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633552                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633553                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633554                   0            11/1/2013     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633555                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633557                   0            11/1/2013     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633558                   0            11/1/2013     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633559                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103633584                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103633590                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103633593                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103633595                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103633629                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00145E+17                          ARM-1
     1103633660                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00453E+17                          ARM-1
     1103633663                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00453E+17                          ARM-1
     1103633676                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103633677                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103633688                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103633741                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103633750                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                              1.0013E+17                          ARM-1
     1103633758                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103633780                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103633782                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103633800                   0            12/1/2013     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                              1.0011E+17                          ARM-1
     1103633853                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103633932                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103633936                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103633944                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103633979                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103634019                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103634032                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00366E+17                          FIX-1
     1103634065                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00361E+17                          ARM-1
     1103634153                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103634154                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103634165                   0                          N                                    FIXEDRATE          EXPRESS1+                    360/360                                          0                                                                             1.00062E+17                          FIX-1
     1103634206                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103634214                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103634216                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103634227                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                         60                                                                             1.00078E+17                          FIX-1
     1103634233                   0                          N                                    FIXEDRATE          SERIES1                    360/1/360                                          0                                                                              1.0036E+17                          FIX-1
     1103634276                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103634313                   0                          N                                    BALLOON            SERIES0                    360/4/360                                          0                                                                              1.0036E+17                          FIX-2
     1103634325                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00078E+17                          ARM-1
     1103634351                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103634353                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103634355                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00109E+17                          FIX-2
     1103634372                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                         60                                                                             1.00078E+17                          FIX-1
     1103634381                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103634406                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103634414                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00099E+17                          FIX-2
     1103634440                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103634456                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103634528                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103634534                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103634539                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103634553                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103634597                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103634609                0.73            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103634640                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00158E+17                          ARM-1
     1103634677                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103634678                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00099E+17                          FIX-2
     1103634684                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103634691                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00058E+17                          ARM-1
     1103634696                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00058E+17                          FIX-2
     1103634703                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103634723                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103634741                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103634753                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                         60                                                                             1.00055E+17                          FIX-1
     1103634773                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103634774                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103634780                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103634786                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
     1103634787                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00306E+17                          FIX-2
     1103634790                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103634922                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00113E+17                          ARM-1
     1103634924                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634925                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634926                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634928                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634929                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634930                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634931                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634932                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634933                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634935                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634936                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634937                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634938                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634939                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634940                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634942                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634943                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103634945                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634946                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634948                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634949                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634950                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634951                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634954                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634956                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634958                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634959                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634961                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634962                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634963                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634964                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634966                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634967                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634970                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634971                   0            11/1/2013     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634973                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634974                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634976                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103634981                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103635036                1.24            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00097E+17                          ARM-1
     1103635039                   0                          N                                    BALLOON            ADAPT3                     360/5/360                                          0                                                                             1.00061E+17                          FIX-2
     1103635043                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103635055                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                         60                                                                              1.0036E+17                          FIX-1
     1103635065                0.83            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635071                1.55            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635072                0.87            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635073                0.97            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635074                0.63            11/1/2011     N                                    BALLOON            ADAPT0                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635078                1.15            11/1/2009     N                                    BALLOON            ADAPT0                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635083                1.56            11/1/2013     N                                    BALLOON            ADAPT1                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635085                1.92            11/1/2009     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635088                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00063E+17                          ARM-1
     1103635089                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635090                   0            11/1/2011     N                                    ARM                EXPRESS1+                  360/3/360    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635091                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635092                   0            11/1/2011     N                                    BALLOON            EXPRESS2                   480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635093                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635094                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635095                   0            11/1/2009     N                                    BALLOON            ADAPT0                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635096                   0            11/1/2011     N                                    ARM                ADAPT2                     360/3/360    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635098                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00063E+17                          ARM-1
     1103635102                   0            11/1/2009     N                                    ARM-INTONLY        SERIES2                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635103                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635105                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635106                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635107                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635108                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635109                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635110                   0            11/1/2011     N                                    BALLOON            ADAPT0                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635111                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635112                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635113                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635116                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00063E+17                          ARM-1
     1103635117                   0            11/1/2009     N                                    BALLOON            EXPRESS2                   480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635121                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635122                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635123                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635125                   0            11/1/2009     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635126                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635127                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635128                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635129                   0            11/1/2013     N                                    ARM                EXPRESS2                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635130                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635131                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635132                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635136                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635137                   0            11/1/2009     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635138                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635139                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635142                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635143                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635144                   0            11/1/2013     N                                    BALLOON            ADAPT0                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635145                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635146                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635148                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635149                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635151                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635152                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635155                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635156                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635157                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635160                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635161                   0            11/1/2011     N                                    BALLOON            SERIES0                    480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635162                   0             9/1/2011     N                                    BALLOON            EXPRESS2                   480/5/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635163                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635164                   0            11/1/2011     N                                    BALLOON            EXPRESS1+                  480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635165                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635166                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635167                   0            11/1/2011     N                                    ARM                EXPRESS1+                  360/3/360    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635168                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635170                   0            11/1/2011     N                                    BALLOON            ADAPT2                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635171                   0            11/1/2013     N                                    BALLOON            ADAPT1                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635172                   0            11/1/2011     N                                    BALLOON            ADAPT2                     480/3/480    6MOLIBORWSJ                           0                                                                             1.00063E+17                          ARM-1
     1103635174                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635175                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635177                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103635178                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00063E+17                          ARM-1
     1103635200                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00123E+17                          ARM-1
     1103635204                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00123E+17                          ARM-1
     1103635213                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          36                                                                             1.00123E+17                          ARM-1
     1103635215                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                          60                                                                             1.00123E+17                          ARM-1
     1103635231                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635232                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635233                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635235                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635236                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635238                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635240                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635242                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635243                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00123E+17                          FIX-2
     1103635342                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103635343                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                              1.0001E+17                          ARM-1
     1103635354                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103635358                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103635370                   0            12/1/2011     N                                    BALLOON            SERIES0                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103635377                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103635383                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103635400                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00058E+17                          ARM-1
     1103635411                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103635447                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/4/360                                          0                                                                             1.00037E+17                          FIX-1
     1103635494                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635495                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635496                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635497                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635498                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635499                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635500                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635501                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635502                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00193E+17                          ARM-1
     1103635513                   0            11/1/2009     N                                    ARM                EXPRESS2                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00197E+17                          ARM-1
     1103635520                   0            11/1/2009     N                                    BALLOON            EXPRESS1                   480/3/480    6MOLIBORWSJ                           0                                                                             1.00197E+17                          ARM-1
     1103635524                   0            11/1/2009     N                                    ARM                EXPRESS2                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00197E+17                          ARM-1
     1103635543                   0            11/1/2013     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00197E+17                          ARM-1
     1103635544                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00197E+17                          ARM-1
     1103635547                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00197E+17                          ARM-1
     1103635549                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00197E+17                          ARM-1
     1103635566                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00197E+17                          ARM-1
     1103635574                0.53            11/1/2011     N                                    BALLOON            SERIES0                    480/3/480    6MOLIBORWSJ                           0                                                                             1.00197E+17                          ARM-1
     1103635610                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
     1103635640                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00306E+17                          ARM-1
     1103635642                   0            11/1/2009     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103635643                   0            11/1/2009     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103635644                   0            10/1/2009     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103635645                   0            11/1/2009     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103635646                   0            11/1/2009     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00024E+17                          ARM-1
     1103635666                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00421E+17                          FIX-1
     1103635763                   0             1/1/2014     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103635793                   0             1/1/2014     N                                    ARM-INTONLY        EXPRESS1+                  360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103635829                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103635834                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103635853                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103635855                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103635876                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00079E+17                          FIX-1
     1103635879                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103635904                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00467E+17                          FIX-1
     1103635930                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                         60                                                                                                                  FIX-2
     1103635955                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103635989                0.52            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00078E+17                          ARM-1
     1103636009                   0                          N                                    FIX-INTONLY        SERIES2                    360/2/360                                        120                                                                             1.00056E+17                          FIX-1
     1103636022                   0             1/1/2014     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103636029                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00176E+17                          ARM-1
     1103636033                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103636049                   0            12/1/2008     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103636052                   0            11/1/2008     N                                    ARM-INTONLY        ADAPT1                     360/3/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103636053                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103636054                   0            11/1/2008     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103636056                   0            11/1/2008     N                                    ARM-INTONLY        ADAPT1                     360/3/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103636063                   0            12/1/2013     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103636064                   0            11/1/2013     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103636086                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/2/360                                        120                                                                             1.00056E+17                          FIX-1
     1103636147                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103636152                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103636162                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636165                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636167                   0            10/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/4/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636170                   0            10/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/4/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636172                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636173                   0            10/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/4/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636174                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636175                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636176                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636177                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636179                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636181                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636182                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636183                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636184                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636186                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636188                   0            11/1/2011     N                                    ARM                EXPRESS1                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103636189                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636190                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636191                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636192                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636194                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636195                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636197                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636198                   0            11/1/2011     N                                    ARM                EXPRESS1                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103636200                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636201                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636205                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT3                     360/3/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103636211                   0             9/1/2011     N                                    ARM-INTONLY        SERIES2                    360/5/360    6MOLIBORWSJ                          60                                                                             1.00306E+17                          ARM-1
     1103636212                   0            10/1/2011     N                                    ARM                EXPRESS1+                  360/4/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636214                   0             8/1/2011     N                                    ARM                SERIES1                    360/6/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636215                   0             8/1/2011     N                                    ARM                SERIES1                    360/6/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636216                   0            11/1/2011     Y                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00306E+17                          ARM-1
     1103636217                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636218                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636220                   0             9/1/2011     N                                    ARM                SERIES2                    360/5/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636221                   0            10/1/2011     Y                                    ARM                SERIES0                    360/4/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636223                   0             9/1/2008     N                                    ARM                SERIES1                    360/5/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636224                   0            10/1/2008     N                                    ARM                SERIES3                    360/4/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636225                   0            11/1/2011     Y                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636226                   0             9/1/2009     N                                    ARM                SERIES2                    360/5/360    6MOLIBORWSJ                           0                                                                             1.00306E+17                          ARM-1
     1103636233                   0                          N                                    FIXEDRATE          SERIES0                    360/5/360                                          0                                                                             1.00306E+17                          FIX-1
     1103636234                   0                          Y                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00306E+17                          FIX-1
     1103636247                   0                          N                                    BALLOON            SERIES2                    360/5/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636249                   0                          N                                    BALLOON            SERIES1                    360/5/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636250                   0                          N                                    BALLOON            SERIES1                    360/6/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636251                   0                          N                                    BALLOON            SERIES1                    360/6/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636252                   0                          N                                    BALLOON            SERIES0                    360/5/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636253                   0                          N                                    FIXEDRATE          ADAPT2                     360/5/360                                          0                                                                             1.00306E+17                          FIX-2
     1103636263                   0                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00332E+17                          FIX-1
     1103636323                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00122E+17                          ARM-1
     1103636348                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103636394                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00056E+17                          ARM-1
     1103636421                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00079E+17                          FIX-1
     1103636423                   0             3/1/2007     N                                    ARM-INTONLY        ADAPT0                    360/11/360    1YLIBOR                             120                                                                                                                  ARM-1
     1103636424                   0             9/1/2007     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103636426                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103636427                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103636428                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103636429                   0            12/1/2007     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00024E+17                          ARM-1
     1103636430                   0            10/1/2008     N                                    ARM-INTONLY        SERIES1                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00307E+17                          ARM-1
     1103636431                   0            11/1/2008     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636432                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636433                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT1                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636434                   0            11/1/2009     N                                    ARM                ADAPT1                     360/3/360    6MOLIBORWSJ                           0                                                                             1.00024E+17                          ARM-1
     1103636435                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636436                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636437                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636439                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636440                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636441                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636442                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636443                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636444                   0            11/1/2009     N                                    ARM                EXPRESS1                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00024E+17                          ARM-1
     1103636445                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636446                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT1                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636447                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT1                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636450                   0            12/1/2009     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636451                   0            12/1/2009     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636452                   0            12/1/2009     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00024E+17                          ARM-1
     1103636461                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00056E+17                          ARM-1
     1103636507                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-1
     1103636522                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103636556                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636603                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00079E+17                          FIX-1
     1103636670                   0                          N                                    BALLOON            SERIES1                    480/2/480                                          0                                                                             1.00453E+17                          FIX-1
     1103636673                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00399E+17                          ARM-1
     1103636678                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00079E+17                          FIX-1
     1103636685                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00062E+17                          FIX-1
     1103636752                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636762                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00467E+17                          FIX-1
     1103636764                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00079E+17                          ARM-1
     1103636765                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636797                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636804                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103636865                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00317E+17                          ARM-1
     1103636916                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103636922                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                             1.00096E+17                          FIX-1
     1103636937                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103636938                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00434E+17                          FIX-1
     1103636939                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103636950                   0            12/1/2008     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103636993                   0             1/1/2014     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103637039                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103637085                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103637118                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103637121                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103637122                   0            12/1/2011     Y                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103637125                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637126                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103637127                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637128                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637129                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637130                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637131                   0            12/1/2009     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637132                   0            12/1/2009     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00037E+17                          ARM-1
     1103637133                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637134                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637136                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637138                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103637140                   0            11/1/2009     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00037E+17                          ARM-1
     1103637141                   0            11/1/2009     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103637142                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00037E+17                          ARM-1
     1103637143                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637144                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00037E+17                          ARM-1
     1103637146                   0            12/1/2016     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103637148                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00253E+17                          ARM-1
     1103637150                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637151                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637152                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637153                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637154                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637155                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637156                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637158                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637159                   0            11/1/2011     N                                    ARM                ADAPT3                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637160                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637161                   0            11/1/2011     N                                    ARM                ADAPT2                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637163                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637165                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637167                   0            11/1/2013     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637168                   0            11/1/2013     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              84                                                                             1.00197E+17                          ARM-1
     1103637169                   0            11/1/2011     N                                    ARM                ADAPT1                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637170                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637171                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00197E+17                          ARM-1
     1103637172                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637173                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637174                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637175                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637176                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00197E+17                          ARM-1
     1103637179                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103637182                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637183                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637184                   0                          N                                    FIXEDRATE          SERIES0                    240/2/240                                          0                                                                             1.00197E+17                          FIX-1
     1103637185                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637186                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637187                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637188                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637189                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637190                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637191                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637192                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637193                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637195                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637197                   0                          N                                    FIXEDRATE          SERIES3                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637198                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637199                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637200                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/2/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637201                   0                          N                                    FIXEDRATE          SERIES2                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637202                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637203                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637204                   0                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637205                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00197E+17                          FIX-1
     1103637206                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103637212                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00302E+17                          ARM-1
     1103637219                   0                          N                                    BALLOON            SERIES1                    480/1/480                                          0                                                                              1.0036E+17                          FIX-1
     1103637240                   0                          N                                    BALLOON            SERIES1                    480/1/480                                          0                                                                              1.0036E+17                          FIX-1
     1103637252                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0029E+17                          ARM-1
     1103637259                   0            10/1/2009     N                                    ARM                SERIES1                    360/4/360    6MOLIBORWSJ                           0                                                                             1.00091E+17                          ARM-1
     1103637260                   0            10/1/2008     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637265                   0             8/1/2009     N                                    ARM-INTONLY        SERIES0                    360/6/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637268                   0            10/1/2009     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637269                   0             9/1/2009     N                                    ARM-INTONLY        SERIES1                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637270                   0            11/1/2009     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637271                   0            10/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/4/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637273                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00091E+17                          ARM-1
     1103637274                   0            11/1/2009     N                                    ARM                SERIES1                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00091E+17                          ARM-1
     1103637282                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                              1.0036E+17                          FIX-2
     1103637292                   0                          N                                    FIXEDRATE          ADAPT1                     120/2/120                                          0                                                                                                                  FIX-1
     1103637293                1.29                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                                                                  FIX-1
     1103637294                0.72                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                             1.00024E+17                          FIX-1
     1103637295                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103637296                1.29                          N                                    FIXEDRATE          SERIES0                    360/3/360                                          0                                                                                                                  FIX-1
     1103637297                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637298                1.39                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637299                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                                                                  FIX-1
     1103637301                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                                                                  FIX-1
     1103637303                   0                          N                                    FIXEDRATE          SERIES0                    180/2/180                                          0                                                                                                                  FIX-1
     1103637304                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                                                                  FIX-1
     1103637305                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                             1.00162E+17                          FIX-1
     1103637306                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                                                                  FIX-1
     1103637307                   0                          N                                    FIXEDRATE          SERIES0                    180/3/180                                          0                                                                                                                  FIX-1
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     1103637518                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637519                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637520                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637521                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637522                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637523                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637524                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637525                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637526                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637527                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637528                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637529                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                                                                  FIX-1
     1103637530                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637531                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637532                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637533                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637534                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637535                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637536                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637537                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637538                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637539                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637540                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637541                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637542                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637543                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637544                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637545                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637546                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637547                   0                          N                                    FIX-INTONLY        SERIES0                    360/6/360                                        120                                                                                                                  FIX-1
     1103637548                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637549                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637550                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637551                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637552                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637553                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637554                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637555                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637556                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637557                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637558                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637559                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637560                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637561                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637562                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637563                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637564                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637565                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637566                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637567                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637568                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637569                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637571                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637572                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637573                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637574                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637575                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637576                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637577                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637578                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637579                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637580                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637581                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637582                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637583                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637584                   0                          N                                    FIX-INTONLY        SERIES0                    360/5/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637585                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103637586                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
     1103637587                   0                          N                                    FIX-INTONLY        SERIES0                    360/3/360                                        120                                                                                                                  FIX-1
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     1103637589                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                             1.00024E+17                          FIX-1
     1103637590                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
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     1103637593                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                             1.00024E+17                          FIX-1
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     1103637595                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637596                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637597                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                                                                  FIX-1
     1103637598                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637600                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637601                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637602                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637603                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                             1.00024E+17                          FIX-1
     1103637604                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637605                   0                          N                                    FIXEDRATE          SERIES1                    360/3/360                                          0                                                                                                                  FIX-1
     1103637606                   0                          N                                    FIXEDRATE          SERIES1                    360/5/360                                          0                                                                                                                  FIX-1
     1103637607                0.58                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637608                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                        120                                                                                                                  FIX-1
     1103637609                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637610                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                                                                  FIX-1
     1103637611                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                        120                                                                                                                  FIX-1
     1103637612                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                                                                  FIX-1
     1103637613                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                        120                                                                                                                  FIX-1
     1103637614                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637615                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                             1.00024E+17                          FIX-1
     1103637616                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                                                                  FIX-1
     1103637617                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                        120                                                                                                                  FIX-1
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     1103637620                   0                          N                                    FIXEDRATE          SERIES2                    360/5/360                                          0                                                                                                                  FIX-1
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     1103637622                   0                          N                                    FIX-INTONLY        SERIES2                    360/3/360                                        120                                                                                                                  FIX-1
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     1103637636                   0                          N                                    BALLOON            ADAPT0                     360/6/360                                          0                                                                             1.00091E+17                          FIX-2
     1103637657                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00453E+17                          ARM-1
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     1103637736                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
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     1103637769                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-2
     1103637790                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00094E+17                          ARM-1
     1103637803                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/1/360                                        120                                                                             1.00096E+17                          FIX-1
     1103637814                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00197E+17                          FIX-2
     1103637816                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00197E+17                          FIX-2
     1103637817                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00197E+17                          FIX-2
     1103637866                   0                          N                                    FIX-INTONLY        SERIES0                    360/4/360                                         60                                                                             1.00061E+17                          FIX-2
     1103637867                   0                          N                                    BALLOON            ADAPT0                     360/4/360                                          0                                                                             1.00061E+17                          FIX-2
     1103637873                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00306E+17                          ARM-1
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     1103637961                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/1/360                                        120                                                                             1.00096E+17                          FIX-1
     1103637966                0.88             1/1/2012     N                                    ARM                EXPRESS1+                  360/1/360    6MOLIBORWSJ                           0                                                                             1.00058E+17                          ARM-1
     1103637985                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00316E+17                          ARM-1
     1103637989                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103638006                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                              1.0036E+17                          FIX-1
     1103638014                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638015                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638016                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
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     1103638018                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103638019                   0            12/1/2016     N                                    ARM                ADAPT3                     360/2/360    1YLIBOR                               0                                                                             1.00142E+17                          ARM-1
     1103638020                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638021                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638022                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638023                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638024                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638025                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638026                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638028                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103638029                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638032                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638033                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103638034                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638035                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638036                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638037                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638038                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638039                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638040                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638041                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638042                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638043                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638044                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638047                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638048                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    6MOLIBORWSJ                           0                                                                                                                  ARM-1
     1103638049                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638051                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638052                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638054                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638055                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638056                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638057                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638058                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638061                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638062                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638063                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638064                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638065                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103638084                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103638087                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-2
     1103638138                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103638139                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638140                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638141                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638142                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638143                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638145                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638146                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638147                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638148                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638149                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638150                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638151                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638153                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638154                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638155                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638157                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638158                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638159                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638161                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638162                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638163                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638164                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638165                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                               1.004E+17                          ARM-1
     1103638166                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638167                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638169                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638170                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638171                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638172                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638173                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638174                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638179                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638180                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638181                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103638202                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638203                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638205                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638206                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638207                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638208                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638209                   0            11/1/2011     N                                    ARM                EXPRESS1+                  360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103638210                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638211                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638212                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638213                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638214                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638215                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638216                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638217                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103638218                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103638219                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638220                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638221                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638222                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638223                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638224                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638225                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638226                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638227                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638229                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638230                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638231                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638232                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638233                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638235                   0            11/1/2011     N                                    ARM                EXPRESS1+                  360/3/360    6MOLIBORWSJ                           0                                                                             1.00183E+17                          ARM-1
     1103638236                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638237                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638238                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638239                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638240                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638241                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00183E+17                          ARM-1
     1103638268                1.21            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103638269                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103638273                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00317E+17                          ARM-1
     1103638289                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00361E+17                          FIX-1
     1103638291                   0             1/1/2014     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103638337                   0             9/1/2008     N                                    BALLOON            SERIES2                    480/5/480    6MOLIBORWSJ                           0                                                                             1.00061E+17                          ARM-1
     1103638342                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103638385                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                         60                                                                             1.00145E+17                          FIX-1
     1103638395                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103638396                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00078E+17                          FIX-2
     1103638429                   0             1/1/2014     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00158E+17                          ARM-1
     1103638449                   0                          N                                    BALLOON            ADAPT0                     360/6/360                                          0                                                                             1.00091E+17                          FIX-2
     1103638487                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103638527                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00467E+17                          ARM-1
     1103638580                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00302E+17                          FIX-1
     1103638607                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638608                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638609                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638610                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638611                   0            11/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638612                   0            11/1/2011     N                                    ARM                SERIES1                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638613                   0            11/1/2011     N                                    ARM                SERIES1                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638614                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638616                   0            11/1/2009     N                                    ARM                EXPRESS2                   360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638618                   0            11/1/2011     N                                    ARM                SERIES1                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638619                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638622                   0            12/1/2011     N                                    ARM                EXPRESS1+                  360/2/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638624                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638625                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    6MOLIBORWSJ                         120                                                                             1.00212E+17                          ARM-1
     1103638626                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                          60                                                                             1.00212E+17                          ARM-1
     1103638627                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    6MOLIBORWSJ                           0                                                                             1.00212E+17                          ARM-1
     1103638631                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103638637                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103638694                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103638723                   0             1/1/2012     N                                    ARM                EXPRESS1                   360/1/360    6MOLIBORWSJ                           0                                                                             1.00185E+17                          ARM-1
     1103638730                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS1+                  360/1/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103638747                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00478E+17                          FIX-1
     1103638754                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00478E+17                          FIX-2
     1103638759                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103638784                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00158E+17                          ARM-1
     1103638804                   0                          N                                    FIXEDRATE          EXPRESS1                   360/1/360                                          0                                                                             1.00175E+17                          FIX-1
     1103638808                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                              1.0013E+17                          ARM-1
     1103638814                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00104E+17                          FIX-1
     1103638833                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS1                   360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103638862                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638863                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638864                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638865                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638866                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638867                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638868                   0            12/1/2011     N                                    BALLOON            SERIES0                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638869                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638870                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638871                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638872                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638873                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638874                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638875                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638876                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638877                   0            12/1/2009     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638878                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638879                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638880                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638881                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638882                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638883                   0            12/1/2011     N                                    BALLOON            SERIES0                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638884                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638885                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638886                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638887                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638888                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638889                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638890                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638891                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638892                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638893                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638894                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638895                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638896                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638897                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638898                   0            10/1/2013     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638899                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638900                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638901                   0            12/1/2013     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638902                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638903                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638907                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103638910                   0            12/1/2016     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00136E+17                          ARM-1
     1103638911                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638912                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638913                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638914                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638915                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638916                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638917                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638918                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638919                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638920                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638921                   0            12/1/2009     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638922                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638923                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638924                   0            12/1/2016     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638926                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638927                   0            11/1/2013     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638928                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638929                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638930                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638931                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638932                   0            12/1/2013     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638933                   0            12/1/2016     N                                    ARM                ADAPT1                     360/2/360    1YLIBOR                               0                                                                             1.00136E+17                          ARM-1
     1103638934                   0            12/1/2013     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638935                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638936                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                              60                                                                             1.00136E+17                          ARM-1
     1103638937                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00136E+17                          ARM-1
     1103638938                   0            11/1/2013     N                                    ARM-INTONLY        ADAPT2                     360/3/360    1YLIBOR                              84                                                                             1.00136E+17                          ARM-1
     1103638939                   0            12/1/2009     N                                    BALLOON            SERIES2                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00136E+17                          ARM-1
     1103638954                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103638976                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00176E+17                          ARM-1
     1103638986                   0                          N                                    FIXEDRATE          A+                         360/2/360                                          0                                                                             1.00176E+17                          FIX-2
     1103639022                   0             1/1/2014     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00094E+17                          ARM-1
     1103639050                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00399E+17                          FIX-1
     1103639066                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/1/360                                        120                                                                              1.0036E+17                          FIX-1
     1103639071                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103639115                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639173                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639182                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                              60                                                                             1.00096E+17                          ARM-1
     1103639184                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639185                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639187                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00096E+17                          ARM-1
     1103639188                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639189                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639190                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639191                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639193                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639196                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639197                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639198                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639199                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639201                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639202                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639203                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639205                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639206                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639207                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639208                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639209                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639210                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103639216                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103639220                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639222                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103639223                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00099E+17                          FIX-2
     1103639266                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103639267                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639275                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103639283                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639344                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00097E+17                          FIX-1
     1103639397                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00097E+17                          FIX-1
     1103639419                0.72             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                                                                  ARM-1
     1103639443                   0             1/1/2012     Y                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103639466                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00364E+17                          ARM-1
     1103639472                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00364E+17                          FIX-2
     1103639509                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639510                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639511                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639513                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639515                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639517                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639518                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639519                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639520                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639521                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639524                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639525                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639527                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639529                   0            12/1/2016     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639530                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639531                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639532                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639533                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639534                   0            12/1/2011     N                                    ARM                EXPRESS2                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639535                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639536                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639537                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639538                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639539                   0            12/1/2011     N                                    ARM                EXPRESS1                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639541                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639542                   0            12/1/2016     N                                    ARM                EXPRESSNODOC2              360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639543                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639544                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639545                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639566                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639569                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639570                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639574                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639576                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639577                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639578                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639581                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00183E+17                          ARM-1
     1103639594                   0                          N                                    BALLOON            ADAPT1                     360/2/360                                          0                                                                             1.00183E+17                          FIX-2
     1103639624                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103639625                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639626                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639627                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639628                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639629                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639630                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639631                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639632                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639633                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639634                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639635                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639636                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639637                   0            12/1/2011     N                                    ARM                ADAPT2                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103639638                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103639639                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639640                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639641                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639642                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639643                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639644                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103639645                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103639646                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639647                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639648                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639649                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639650                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639651                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639652                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639653                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639654                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639655                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639656                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639657                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639658                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639659                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639660                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639661                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639662                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639663                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639664                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639666                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639667                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639668                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639669                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103639675                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639679                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639680                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639682                   0            12/1/2009     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639684                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639685                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00142E+17                          ARM-1
     1103639686                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639687                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639688                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639689                   0            12/1/2009     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103639691                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103639727                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103639769                   0             1/1/2014     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103639778                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103639816                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00096E+17                          FIX-1
     1103639826                1.09            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00099E+17                          ARM-1
     1103639833                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                              1.0036E+17                          ARM-1
     1103639881                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00097E+17                          FIX-1
     1103639893                   0             1/1/2014     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00448E+17                          ARM-1
     1103639912                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103639918                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103639920                   0             1/1/2010     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103639938                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/4/360                                        120                                                                             1.00063E+17                          FIX-1
     1103639940                   0                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639941                   0                          N                                    BALLOON            EXPRESS1                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639942                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639944                0.87                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639945                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/2/360                                        120                                                                             1.00197E+17                          FIX-1
     1103639946                   0                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639947                   0                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639948                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/2/360                                        120                                                                             1.00063E+17                          FIX-1
     1103639949                   0                          N                                    FIXEDRATE          EXPRESS2                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639950                   0                          N                                    BALLOON            EXPRESS2                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639951                   0                          N                                    BALLOON            EXPRESS1                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639952                   0                          N                                    BALLOON            EXPRESS2                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639953                   0                          N                                    FIXEDRATE          EXPRESS2                   360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639954                   0                          N                                    BALLOON            EXPRESS1                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639955                   0                          N                                    FIXEDRATE          EXPRESS2                   360/2/360                                          0                                                                             1.00197E+17                          FIX-1
     1103639956                   0                          N                                    BALLOON            EXPRESS1                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639957                   0                          N                                    FIXEDRATE          ADAPT2                     360/2/360                                          0                                                                             1.00063E+17                          FIX-1
     1103639959                1.38                          N                                    BALLOON            ADAPT1                     480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639960                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/2/360                                        120                                                                             1.00197E+17                          FIX-1
     1103639962                   0                          N                                    BALLOON            EXPRESS2                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639963                1.59                          N                                    BALLOON            ADAPT3                     480/3/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639965                   0                          N                                    BALLOON            EXPRESS2                   480/3/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639967                0.87                          N                                    BALLOON            SERIES0                    480/3/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639968                   0                          N                                    BALLOON            EXPRESS1                   480/4/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639970                   0                          N                                    BALLOON            EXPRESS1                   480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639971                   0                          N                                    BALLOON            SERIES1                    480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639972                   0                          N                                    BALLOON            SERIES0                    480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103639973                   0                          N                                    BALLOON            SERIES0                    480/2/480                                          0                                                                             1.00063E+17                          FIX-1
     1103640007                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00383E+17                          ARM-1
     1103640039                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640040                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00177E+17                          ARM-1
     1103640041                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640042                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00139E+17                          ARM-1
     1103640043                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640044                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640045                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00059E+17                          ARM-1
     1103640046                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00177E+17                          ARM-1
     1103640047                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00177E+17                          ARM-1
     1103640048                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00177E+17                          ARM-1
     1103640049                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00177E+17                          ARM-1
     1103640050                   0            11/1/2009     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00239E+17                          ARM-1
     1103640051                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.23031E+17                          ARM-1
     1103640052                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00177E+17                          ARM-1
     1103640053                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00014E+17                          ARM-1
     1103640054                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640055                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00097E+17                          ARM-1
     1103640056                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.23183E+17                          ARM-1
     1103640057                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640058                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00144E+17                          ARM-1
     1103640059                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    6MOLIBORWSJ                           0                                                                             1.00014E+17                          ARM-1
     1103640061                   0            11/1/2011     N                                    ARM-INTONLY        SERIES2                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00239E+17                          ARM-1
     1103640062                   0            10/1/2011     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.23342E+17                          ARM-1
     1103640064                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00097E+17                          ARM-1
     1103640066                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00239E+17                          ARM-1
     1103640067                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00128E+17                          ARM-1
     1103640068                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                              1.0006E+17                          ARM-1
     1103640069                   0            11/1/2011     N                                    ARM-INTONLY        SERIES1                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00099E+17                          ARM-1
     1103640070                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640072                   0            12/1/2009     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640073                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.23219E+17                          ARM-1
     1103640074                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640075                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640076                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640077                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00014E+17                          ARM-1
     1103640078                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00059E+17                          ARM-1
     1103640089                   0             1/1/2014     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103640161                   0                          N                                    FIXEDRATE          EXPRESS2                   360/1/360                                          0                                                                              1.0036E+17                          FIX-1
     1103640175                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                             1.00332E+17                          FIX-1
     1103640179                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/1/360                                        120                                                                             1.00434E+17                          FIX-1
     1103640181                   0             1/1/2012     N                                    ARM                EXPRESS1+                  360/1/360    6MOLIBORWSJ                           0                                                                             1.00078E+17                          ARM-1
     1103640210                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103640216                   0                          N                                    FIXEDRATE          SERIES0                    180/1/180                                          0                                                                             1.00365E+17                          FIX-1
     1103640221                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-1
     1103640283                   0                          N                                    FIXEDRATE          SERIES1                    360/1/360                                          0                                                                             1.00079E+17                          FIX-1
     1103640284                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00122E+17                          ARM-1
     1103640290                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00122E+17                          FIX-2
     1103640293                   0                          N                                    FIXEDRATE          SERIES0                    180/1/180                                          0                                                                              1.0036E+17                          FIX-1
     1103640317                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS1                   360/1/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103640333                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                                                                  FIX-1
     1103640349                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103640467                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640468                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640469                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640470                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640471                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                              60                                                                             1.00142E+17                          ARM-1
     1103640472                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103640473                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640474                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640476                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640477                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                                                                  ARM-1
     1103640478                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103640480                   0            12/1/2013     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          84                                                                             1.00142E+17                          ARM-1
     1103640481                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640482                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640483                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640484                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    1YLIBOR                               0                                                                             1.00142E+17                          ARM-1
     1103640485                   0            12/1/2011     N                                    ARM                ADAPT1                     360/2/360    1YLIBOR                               0                                                                             1.00142E+17                          ARM-1
     1103640486                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/3/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103640498                   0                          N                                    FIXEDRATE          SERIES0                    180/1/180                                          0                                                                             1.00313E+17                          FIX-1
     1103640520                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103640545                   0                          N                                    FIXEDRATE          SERIES2                    360/1/360                                          0                                                                             1.00158E+17                          FIX-1
     1103640574                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                                                                  ARM-1
     1103640579                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00113E+17                          ARM-1
     1103640611                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                              1.0036E+17                          FIX-1
     1103640614                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103640623                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-2
     1103640673                   0                          N                                    FIXEDRATE          EXPRESS1                   180/2/180                                          0                                                                             1.00096E+17                          FIX-1
     1103640674                   0                          N                                    FIX-INTONLY        ADAPT1                     360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640675                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640676                   0                          N                                    FIX-INTONLY        SERIES2                    360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640677                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640678                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640679                   0                          N                                    FIX-INTONLY        SERIES1                    360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640680                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640681                   0                          N                                    FIXEDRATE          EXPRESS1                   360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640682                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640683                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640685                   0                          N                                    FIX-INTONLY        EXPRESS1                   360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640686                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00096E+17                          FIX-1
     1103640687                   0                          N                                    FIXEDRATE          SERIES0                    180/2/180                                          0                                                                             1.00096E+17                          FIX-1
     1103640688                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640689                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00096E+17                          FIX-1
     1103640690                   0                          N                                    FIXEDRATE          SERIES0                    180/1/180                                          0                                                                             1.00383E+17                          FIX-1
     1103640694                   0                          N                                    FIXEDRATE          EXPRESS1+                  180/1/180                                          0                                                                              1.0036E+17                          FIX-1
     1103640696                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103640757                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640758                   0            12/1/2011     Y                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640759                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640760                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640761                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640763                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640764                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640765                   0            12/1/2013     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640768                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640769                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640771                   0            12/1/2013     N                                    ARM                EXPRESS2                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640773                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640776                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640777                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640779                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640780                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640781                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640782                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640783                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640785                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640786                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640787                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640788                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640789                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640790                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640791                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640792                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640795                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640796                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640797                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640799                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640802                   0            12/1/2011     N                                    ARM                ADAPT2                     360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640804                   0            12/1/2011     N                                    ARM                EXPRESS1+                  360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640805                   0            12/1/2011     N                                    ARM                EXPRESS2                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640807                   0            12/1/2011     N                                    ARM                ADAPT2                     360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640808                   0            12/1/2009     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00187E+17                          ARM-1
     1103640809                   0            12/1/2009     N                                    ARM                EXPRESS2                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00187E+17                          ARM-1
     1103640813                   0                          N                                    BALLOON            EXPRESS1+                  480/2/480                                          0                                                                             1.00187E+17                          FIX-1
     1103640814                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                             1.00187E+17                          FIX-1
     1103640815                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00187E+17                          FIX-1
     1103640817                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00187E+17                          FIX-1
     1103640819                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00187E+17                          FIX-1
     1103640820                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00187E+17                          FIX-1
     1103640821                   0                          N                                    FIXEDRATE          SERIES0                    180/2/180                                          0                                                                             1.00187E+17                          FIX-1
     1103640824                   0                          N                                    BALLOON            EXPRESS1+                  480/2/480                                          0                                                                             1.00187E+17                          FIX-1
     1103640894                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                              1.0036E+17                          FIX-1
     1103640897                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103640921                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103641010                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                                                                  FIX-1
     1103641054                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641055                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641056                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641057                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641058                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641059                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00366E+17                          FIX-1
     1103641073                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00366E+17                          FIX-2
     1103641081                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641082                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641083                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641084                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641085                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00096E+17                          ARM-1
     1103641086                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641087                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641088                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641089                   0            11/1/2011     N                                    ARM                SERIES0                    360/3/360    6MOLIBORWSJ                           0                                                                             1.00096E+17                          ARM-1
     1103641090                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00096E+17                          ARM-1
     1103641092                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641093                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641094                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641095                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00096E+17                          ARM-1
     1103641096                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641097                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641098                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641099                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641100                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641101                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641102                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641103                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103641128                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00097E+17                          FIX-1
     1103641148                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103641153                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641155                   0            12/1/2016     N                                    ARM-INTONLY        ADAPT0                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641157                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641159                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641160                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT3                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641161                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641162                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641163                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641164                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641165                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641166                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103641168                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641169                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641170                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641171                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641172                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641173                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00142E+17                          ARM-1
     1103641174                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641175                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641176                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641177                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641178                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641180                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641181                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641183                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641185                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641186                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641187                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641190                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641192                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641193                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641194                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00142E+17                          ARM-1
     1103641230                0.44             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103641304                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103641339                   0                          N                                    FIX-INTONLY        SERIES2                    360/1/360                                         60                                                                             1.00434E+17                          FIX-1
     1103641369                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00097E+17                          ARM-1
     1103641411                   0             1/1/2014     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                                                                  ARM-1
     1103641456                   0                          N                                    FIXEDRATE          EXPRESS1                   360/1/360                                          0                                                                             1.00063E+17                          FIX-1
     1103641480                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00109E+17                          ARM-1
     1103641486                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS1                   360/1/360    6MOLIBORWSJ                          60                                                                             1.00173E+17                          ARM-1
     1103641539                   0                          N                                    FIXEDRATE          SERIES1                    360/1/360                                          0                                                                                                                  FIX-1
     1103641542                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/1/360                                          0                                                                             1.00078E+17                          FIX-1
     1103641559                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00175E+17                          ARM-1
     1103641600                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641602                   0                          N                                    FIX-INTONLY        ADAPT0                     360/2/360                                        120                                                                             1.00037E+17                          FIX-1
     1103641608                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641609                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641610                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641611                   0                          N                                    FIX-INTONLY        ADAPT0                     360/2/360                                        120                                                                             1.00037E+17                          FIX-1
     1103641612                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641622                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                             1.00037E+17                          FIX-1
     1103641643                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00139E+17                          ARM-1
     1103641709                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                              1.0036E+17                          ARM-1
     1103641834                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                                                                  FIX-2
     1103641919                   0                          N                                    FIXEDRATE          EXPRESS2                     360/360                                          0                                                                             1.00332E+17                          FIX-1
     1103642004                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103642005                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103642006                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103642009                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103642010                   0            12/1/2008     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00096E+17                          ARM-1
     1103642045                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00158E+17                          FIX-1
     1103642092                   0            11/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/3/360    6MOLIBORWSJ                         120                                                                             1.00291E+17                          ARM-1
     1103642094                   0            12/1/2011     N                                    ARM                EXPRESS1                   360/2/360    6MOLIBORWSJ                           0                                                                             1.00291E+17                          ARM-1
     1103642095                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00291E+17                          ARM-1
     1103642096                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00291E+17                          ARM-1
     1103642097                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00291E+17                          ARM-1
     1103642099                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00291E+17                          ARM-1
     1103642201                1.71             1/1/2009     N                                    ARM-INTONLY        EXPRESS1                   360/1/360    6MOLIBORWSJ                          60                                                                             1.00332E+17                          ARM-1
     1103642204                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103642223                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642225                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642226                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642227                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642228                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642229                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642230                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642231                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642232                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642233                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642234                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642235                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642236                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642237                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642238                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642239                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642240                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642241                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642242                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00096E+17                          ARM-1
     1103642281                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00097E+17                          FIX-1
     1103642295                   0                          N                                    FIX-INTONLY        EXPRESS2                   360/3/360                                        120                                                                             1.00306E+17                          FIX-1
     1103642296                   0                          N                                    FIX-INTONLY        ADAPT0                     360/3/360                                        120                                                                             1.00306E+17                          FIX-1
     1103642309                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/3/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642312                   0                          N                                    FIXEDRATE          EXPRESS2                   360/3/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642316                   0                          N                                    FIXEDRATE          ADAPT2                     360/3/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642320                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/3/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642322                   0                          N                                    FIXEDRATE          ADAPT2                     360/2/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642324                   0                          N                                    FIXEDRATE          EXPRESS2                   360/2/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642327                   0                          N                                    FIXEDRATE          ADAPT3                     360/2/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642329                   0                          N                                    FIXEDRATE          EXPRESS1+                  360/1/360                                          0                                                                             1.00306E+17                          FIX-1
     1103642331                   0                          N                                    FIXEDRATE          EXPRESS2                   180/3/180                                          0                                                                             1.00306E+17                          FIX-1
     1103642333                   0                          N                                    FIXEDRATE          EXPRESS2                   180/3/180                                          0                                                                             1.00306E+17                          FIX-1
     1103642357                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103642372                   0             1/1/2010     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00079E+17                          ARM-1
     1103642375                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                                                                  FIX-1
     1103642376                   0                          N                                    FIXEDRATE          ADAPT2                     360/2/360                                          0                                                                                                                  FIX-1
     1103642377                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                                                                  FIX-1
     1103642378                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103642379                   0                          N                                    FIXEDRATE          ADAPT1                     360/2/360                                          0                                                                                                                  FIX-1
     1103642380                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103642382                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                                                                  FIX-1
     1103642383                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                                                                  FIX-1
     1103642384                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103642385                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103642386                   0                          N                                    FIXEDRATE          ADAPT0                     360/2/360                                          0                                                                                                                  FIX-1
     1103642387                   0                          N                                    FIXEDRATE          SERIES1                    360/2/360                                          0                                                                                                                  FIX-1
     1103642388                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                                                                  FIX-1
     1103642389                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                                                                  FIX-1
     1103642390                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103642391                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/2/360                                        120                                                                                                                  FIX-1
     1103642393                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                                                                  FIX-1
     1103642394                   0                          N                                    BALLOON            SERIES0                    480/2/480                                          0                                                                                                                  FIX-1
     1103642517                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642518                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642519                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642520                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642521                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642522                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642523                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642524                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642526                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642527                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642528                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642529                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642530                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642531                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642532                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642533                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642534                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642535                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642536                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642538                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642539                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642540                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642542                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642544                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642545                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642546                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642547                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642548                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642549                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT2                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642550                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642551                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642552                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT2                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642553                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642554                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642556                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                               1.004E+17                          ARM-1
     1103642557                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642558                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642559                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642560                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642561                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                               1.004E+17                          ARM-1
     1103642562                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642563                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642564                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642565                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642567                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103642568                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642569                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642570                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103642571                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642572                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642586                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642587                   0             9/1/2011     N                                    ARM                ADAPT0                     360/5/360    1YLIBOR                               0                                                                             1.00131E+17                          ARM-1
     1103642588                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00039E+17                          ARM-1
     1103642589                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/5/360    6MOLIBORWSJ                         120                                                                             1.00061E+17                          ARM-1
     1103642590                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642591                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/5/360    6MOLIBORWSJ                         120                                                                             1.00032E+17                          ARM-1
     1103642592                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/5/360    6MOLIBORWSJ                         120                                                                              1.0011E+17                          ARM-1
     1103642593                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/5/360    6MOLIBORWSJ                         120                                                                              1.0011E+17                          ARM-1
     1103642594                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642595                   0             9/1/2011     N                                    ARM                ADAPT1                     360/5/360    1YLIBOR                               0                                                                             1.00131E+17                          ARM-1
     1103642596                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00028E+17                          ARM-1
     1103642597                   0            10/1/2011     N                                    ARM                EXPRESS2                   360/4/360    6MOLIBORWSJ                           0                                                                             1.00173E+17                          ARM-1
     1103642598                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00053E+17                          ARM-1
     1103642599                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00053E+17                          ARM-1
     1103642600                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00061E+17                          ARM-1
     1103642601                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00301E+17                          ARM-1
     1103642602                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00149E+17                          ARM-1
     1103642603                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                              1.0013E+17                          ARM-1
     1103642604                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00033E+17                          ARM-1
     1103642605                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00033E+17                          ARM-1
     1103642606                   0            10/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/4/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642607                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                              1.0002E+17                          ARM-1
     1103642608                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642609                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                              1.0002E+17                          ARM-1
     1103642610                   0            10/1/2011     N                                    ARM                ADAPT1                     360/4/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103642611                   0            10/1/2011     N                                    ARM                SERIES0                    360/4/360    6MOLIBORWSJ                           0                                                                             1.00378E+17                          ARM-1
     1103642612                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642613                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103642614                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642616                   0            10/1/2011     N                                    ARM                ADAPT1                     360/4/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642617                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642618                   0            10/1/2011     N                                    ARM                ADAPT1                     360/4/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642619                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642620                   0             8/1/2011     N                                    ARM                ADAPT0                     360/6/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642621                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642623                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642624                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/5/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642625                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642626                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642627                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642629                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642630                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642631                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642632                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642634                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642635                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642636                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642637                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642638                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642639                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642640                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642641                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642642                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642643                   0            10/1/2011     N                                    ARM                EXPRESS1                   360/4/360    6MOLIBORWSJ                           0                                                                             1.00378E+17                          ARM-1
     1103642644                   0             9/1/2011     N                                    ARM-INTONLY        SERIES1                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00312E+17                          ARM-1
     1103642645                   0             9/1/2011     N                                    ARM                ADAPT1                     360/5/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642646                   0             8/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/6/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642647                   0             8/1/2011     N                                    ARM                ADAPT0                     360/6/360    1YLIBOR                               0                                                                             1.00207E+17                          ARM-1
     1103642648                   0             8/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/6/360    1YLIBOR                             120                                                                             1.00063E+17                          ARM-1
     1103642649                   0             8/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/6/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642650                   0             8/1/2011     N                                    ARM                ADAPT0                     360/6/360    1YLIBOR                               0                                                                             1.00147E+17                          ARM-1
     1103642651                   0             8/1/2011     N                                    ARM-INTONLY        SERIES1                    360/6/360    6MOLIBORWSJ                         120                                                                             1.00497E+17                          ARM-1
     1103642652                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642653                   0             9/1/2011     N                                    ARM                SERIES0                    360/5/360    6MOLIBORWSJ                           0                                                                             1.00099E+17                          ARM-1
     1103642654                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00094E+17                          ARM-1
     1103642655                   0            10/1/2011     N                                    ARM-INTONLY        SERIES0                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00317E+17                          ARM-1
     1103642656                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00167E+17                          ARM-1
     1103642657                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                               1.002E+17                          ARM-1
     1103642658                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00447E+17                          ARM-1
     1103642659                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00197E+17                          ARM-1
     1103642660                   0            10/1/2011     N                                    ARM                ADAPT1                     360/4/360    1YLIBOR                               0                                                                              1.2321E+17                          ARM-1
     1103642661                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00053E+17                          ARM-1
     1103642662                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                              1.0007E+17                          ARM-1
     1103642663                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00065E+17                          ARM-1
     1103642664                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00147E+17                          ARM-1
     1103642665                   0             8/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/6/360    6MOLIBORWSJ                         120                                                                             1.00053E+17                          ARM-1
     1103642666                   0             9/1/2011     N                                    ARM-INTONLY        SERIES1                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642667                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642668                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642670                   0            10/1/2011     N                                    ARM                EXPRESS1                   360/4/360    6MOLIBORWSJ                           0                                                                             1.00312E+17                          ARM-1
     1103642671                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00063E+17                          ARM-1
     1103642672                   0            10/1/2011     N                                    ARM-INTONLY        SERIES1                    360/4/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642673                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00063E+17                          ARM-1
     1103642674                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642675                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642677                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642678                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642679                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642680                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642681                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642682                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642683                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642685                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642686                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642687                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642688                   0            10/1/2011     N                                    ARM                ADAPT0                     360/4/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642689                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642690                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642691                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642692                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642693                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642694                   0            11/1/2011     N                                    ARM                ADAPT0                     360/3/360    1YLIBOR                               0                                                                             1.00016E+17                          ARM-1
     1103642695                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642696                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642698                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642699                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642700                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00134E+17                          ARM-1
     1103642701                   0            11/1/2011     N                                    ARM                ADAPT1                     360/3/360    1YLIBOR                               0                                                                             1.00259E+17                          ARM-1
     1103642702                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642706                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00244E+17                          ARM-1
     1103642707                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642708                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642709                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/5/360    1YLIBOR                             120                                                                             1.00131E+17                          ARM-1
     1103642710                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/5/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642711                   0             9/1/2011     N                                    ARM                ADAPT0                     360/5/360    1YLIBOR                               0                                                                             1.00131E+17                          ARM-1
     1103642712                   0             9/1/2011     N                                    ARM                ADAPT1                     360/5/360    1YLIBOR                               0                                                                             1.00131E+17                          ARM-1
     1103642713                   0             9/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/5/360    1YLIBOR                             120                                                                             1.00149E+17                          ARM-1
     1103642714                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00319E+17                          ARM-1
     1103642716                   0             9/1/2011     N                                    ARM                ADAPT0                     360/5/360    1YLIBOR                               0                                                                             1.00131E+17                          ARM-1
     1103642717                   0             9/1/2011     N                                    ARM-INTONLY        SERIES1                    360/5/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642718                   0             9/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/5/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642720                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00083E+17                          ARM-1
     1103642721                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00155E+17                          ARM-1
     1103642722                   0            10/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/4/360    1YLIBOR                             120                                                                             1.00016E+17                          ARM-1
     1103642723                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                             1.00063E+17                          ARM-1
     1103642724                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/3/360    1YLIBOR                             120                                                                              1.0004E+17                          ARM-1
     1103642725                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642726                   0            11/1/2011     N                                    ARM-INTONLY        SERIES0                    360/3/360    6MOLIBORWSJ                         120                                                                             1.00063E+17                          ARM-1
     1103642727                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642728                   0            11/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/3/360    1YLIBOR                             120                                                                             1.00383E+17                          ARM-1
     1103642729                   0            12/1/2011     N                                    ARM                ADAPT0                     360/2/360    1YLIBOR                               0                                                                             1.00134E+17                          ARM-1
     1103642827                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00078E+17                          ARM-1
     1103642926                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00037E+17                          ARM-1
     1103642974                   0            12/1/2009     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00366E+17                          ARM-1
     1103642979                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00366E+17                          ARM-1
     1103642981                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                         120                                                                             1.00366E+17                          ARM-1
     1103643045                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                             1.00453E+17                          FIX-1
     1103643070                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                             1.00099E+17                          FIX-1
     1103643160                   0                          N                                    FIXEDRATE          EXPRESS2                   360/1/360                                          0                                                                             1.00332E+17                          FIX-1
     1103643568                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                              1.0036E+17                          ARM-1
     1103643667                   0             1/1/2012     N                                    ARM                ADAPT0                     360/1/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103643669                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643670                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643671                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643672                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643673                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643674                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643675                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643676                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643678                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643681                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643683                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643684                   0             6/1/2007     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                         120                                                                             1.00074E+17                          ARM-1
     1103643685                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643686                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT2                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643687                   0             1/1/2012     N                                    ARM                ADAPT1                     360/1/360    1YLIBOR                               0                                                                             1.00074E+17                          ARM-1
     1103643688                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643689                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643690                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643691                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643692                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643693                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643694                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643695                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643696                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643698                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643699                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643700                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643701                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT1                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643702                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643703                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643704                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643705                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643706                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643707                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT1                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643708                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643709                   0             1/1/2012     N                                    ARM-INTONLY        ADAPT0                     360/1/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103643710                   0            12/1/2011     N                                    ARM-INTONLY        ADAPT0                     360/2/360    1YLIBOR                             120                                                                             1.00074E+17                          ARM-1
     1103644600                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS2                   360/1/360    6MOLIBORWSJ                          60                                                                             1.00067E+17                          ARM-1
     1103646604                   0             2/1/2009     N                                    ARM-INTONLY        SERIES0                      360/360    6MOLIBORWSJ                          60                                                                                                                  ARM-1
     1103647943                   0                          N                                    FIXEDRATE          ADAPT1                     360/1/360                                          0                                                                             1.00061E+17                          FIX-1
     2503161584                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503161588                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503178287                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503178866                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503179897                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503180695                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503182837                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503182942                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503183583                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503183972                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503184597                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503184739                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503184950                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503185063                   0             1/1/2012     Y                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503185199                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503185200                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503185223                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503185827                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503185828                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186132                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186162                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186472                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186545                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186678                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186740                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503186933                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503187002                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503187198                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503187241                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00054E+17                          FIX-1
     2503187276                   0             2/1/2012     N                                    ARM-INTONLY        SERIES1                      360/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503187421                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503187715                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503187716                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503187746                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                                                                  FIX-2
     2503187759                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503187908                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188012                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503188140                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188393                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503188489                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188558                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503188590                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188620                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188630                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188834                   0                          N                                    FIXEDRATE          A1                         360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188888                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188970                   0            12/1/2011     N                                    ARM-INTONLY        SERIES2                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503188973                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503188985                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189039                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503189040                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189068                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503189069                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189129                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189217                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189397                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189427                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189448                   0            12/1/2011     Y                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503189459                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189535                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503189537                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189540                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189555                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189606                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189639                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00054E+17                          FIX-1
     2503189641                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189706                   0                          N                                    FIX-INTONLY        SERIES0                    360/2/360                                        120                                                                             1.00054E+17                          FIX-1
     2503189711                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189756                   0                          N                                    FIXEDRATE          SERIES2                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503189777                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189802                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503189908                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190029                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190156                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190173                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190251                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190422                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503190448                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190463                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190525                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190549                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190552                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190574                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190675                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190696                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190780                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190805                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503190809                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190816                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190844                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190871                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190896                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190898                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503190899                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190929                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190934                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503190998                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503190999                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191044                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191128                1.26            12/1/2011     N                                    ARM                EXPRESS1+                  360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503191167                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191218                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191220                   0                          N                                    FIXEDRATE          A+                         360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191313                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191318                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191337                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503191379                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191384                   0                          N                                    FIX-INTONLY        SERIES1                    360/3/360                                         60                                                                             1.00054E+17                          FIX-2
     2503191416                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191417                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191472                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503191487                   0             1/1/2010     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503191508                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191521                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191538                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191551                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191563                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191596                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191676                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191757                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191788                0.94             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503191795                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191796                   0                          N                                    FIXEDRATE          A                          360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191801                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191823                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191861                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191867                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503191868                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191878                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503191879                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191880                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503191893                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191911                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191917                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503191970                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192004                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192032                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192037                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192096                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192100                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192104                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192175                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192185                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192261                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192290                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503192312                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192316                   0            12/1/2011     Y                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503192331                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192354                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192365                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503192366                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192376                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192397                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192429                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192496                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192520                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192559                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192560                   0             1/1/2012     N                                    ARM                EXPRESS1                   360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503192566                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192578                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192591                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192612                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503192691                   0            12/1/2011     N                                    BALLOON            SERIES0                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503192715                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192736                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192738                1.41            12/1/2011     N                                    BALLOON            SERIES2                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503192780                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192790                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503192791                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192799                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192818                   0                          N                                    FIX-INTONLY        SERIES1                    360/1/360                                         60                                                                             1.00054E+17                          FIX-1
     2503192819                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192881                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192917                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192941                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192974                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503192976                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193020                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193022                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193031                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193035                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193130                   0             1/1/2012     N                                    BALLOON            SERIES0                    480/1/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503193135                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193140                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193143                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193158                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193161                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193170                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193174                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193269                   0                          N                                    BALLOON            SERIES2                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193301                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193302                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193304                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503193357                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193379                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193385                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193400                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193427                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193442                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193444                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193450                   0                          N                                    FIX-INTONLY        SERIES1                    360/1/360                                         60                                                                             1.00054E+17                          FIX-1
     2503193461                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503193498                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193558                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193574                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193575                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193609                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193627                   0                          N                                    BALLOON            SERIES0                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193669                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193735                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193745                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503193806                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193826                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193839                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193852                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193871                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193884                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503193935                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503193981                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194017                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503194147                   0                          N                                    BALLOON            SERIES2                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194157                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194201                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194241                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194291                   0             1/1/2009     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194307                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194313                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194375                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503194376                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194415                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194473                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194474                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194495                   0                          N                                    BALLOON            SERIES1                    360/3/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194500                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194502                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194540                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194541                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194550                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194587                   0            12/1/2011     N                                    ARM                SERIES0                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503194588                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503194658                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194673                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194696                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194697                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194704                   0            12/1/2011     N                                    BALLOON            SERIES1                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503194706                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194714                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194720                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194737                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194742                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194762                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503194766                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194769                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503194770                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194805                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503194809                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503194827                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503195360                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503196920                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503196932                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503196986                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503196997                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197005                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197016                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197026                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197045                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197053                1.12            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197055                1.14            12/1/2011     N                                    ARM-INTONLY        EXPRESS1                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197066                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197068                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503197093                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197157                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197162                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197195                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197198                   0            12/1/2011     N                                    BALLOON            SERIES1                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197199                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197204                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503197222                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197223                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197232                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197254                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197255                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197275                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197294                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197296                   0                          N                                    FIX-INTONLY        SERIES2                    360/1/360                                        120                                                                             1.00054E+17                          FIX-1
     2503197309                   0            12/1/2013     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197311                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197351                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197359                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197369                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197385                   0             2/1/2012     N                                    ARM-INTONLY        SERIES0                      360/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197396                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197409                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197412                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197443                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197444                   0                          N                                    FIXEDRATE          SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-1
     2503197445                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197466                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197502                   0             1/1/2012     N                                    ARM                SERIES2                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197503                   0                          N                                    BALLOON            SERIES2                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197519                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197525                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197547                   0             1/1/2014     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197570                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197584                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197585                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197648                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197655                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197659                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197668                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197678                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197679                   0                          N                                    FIXEDRATE          A                          360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197705                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197706                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197718                   0            12/1/2011     N                                    ARM                EXPRESS1+                  360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197742                   0             1/1/2012     N                                    ARM-INTONLY        SERIES2                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197766                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197788                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197796                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197807                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197830                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197833                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197834                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197848                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197849                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197855                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197859                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197860                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197864                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197878                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503197880                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197891                   0                          N                                    FIX-INTONLY        SERIES1                    360/1/360                                         60                                                                             1.00054E+17                          FIX-1
     2503197895                   0            12/1/2011     N                                    BALLOON            SERIES3                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197897                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197930                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503197931                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197949                   0             1/1/2012     N                                    BALLOON            SERIES0                    480/1/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197987                   0            12/1/2011     N                                    ARM                SERIES1                    360/2/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503197988                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503197990                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503197991                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198003                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198004                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198007                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198009                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198012                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS2                   360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198021                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198054                   0             1/1/2012     N                                    ARM                SERIES0                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503198078                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                         60                                                                             1.00054E+17                          FIX-1
     2503198095                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198099                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198120                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198121                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198124                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198134                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198135                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198136                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198141                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503198150                   0            12/1/2011     N                                    ARM-INTONLY        SERIES1                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198151                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198156                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198160                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198165                   0            12/1/2011     N                                    ARM-INTONLY        SERIES0                    360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198178                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198179                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503198261                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503198501                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503198536                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198543                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198580                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198582                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198589                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503198594                   0            12/1/2011     N                                    ARM-INTONLY        EXPRESS1+                  360/2/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198597                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198620                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198631                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198636                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503198652                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198654                   0                          N                                    FIXEDRATE          SERIES2                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503198655                   0                          N                                    FIXEDRATE          SERIES3                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
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     2503198692                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198704                1.21            12/1/2011     N                                    BALLOON            SERIES2                    480/2/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
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     2503198711                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
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     2503198737                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198748                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198768                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198769                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198782                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198807                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503198810                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198832                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198840                0.84             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503198862                   0                          N                                    BALLOON            SERIES0                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198895                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198902                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198938                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198949                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503198983                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503198986                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503198987                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503199027                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199038                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199092                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199101                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199102                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199123                   0             1/1/2012     N                                    ARM-INTONLY        SERIES2                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199138                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199139                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199148                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199156                   0             1/1/2012     N                                    ARM-INTONLY        SERIES2                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503199166                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
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     2503199172                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503199224                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503199251                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503199268                   0             1/1/2012     N                                    ARM                EXPRESS1+                  360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
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     2503199303                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199313                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199319                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199320                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503199358                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199366                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
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     2503199389                   0                          N                                    BALLOON            SERIES1                    360/2/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199392                   0             1/1/2012     N                                    ARM                EXPRESS1+                  360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
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     2503199480                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
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     2503199531                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
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     2503199732                   0             1/1/2012     N                                    ARM                SERIES3                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503199741                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503199745                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199752                   0                          N                                    BALLOON            SERIES0                    480/1/480                                          0                                                                             1.00054E+17                          FIX-1
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     2503199877                1.75                          N                                    BALLOON            SERIES2                    480/1/480                                          0                                                                             1.00054E+17                          FIX-1
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     2503199901                   0                          N                                    FIX-INTONLY        SERIES0                    360/1/360                                        120                                                                             1.00054E+17                          FIX-1
     2503199903                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199904                   0                          N                                    BALLOON            SERIES1                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199907                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503199926                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503199938                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
     2503199945                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
     2503199947                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199949                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503199966                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
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     2503202031                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503202032                   0                          N                                    BALLOON            SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-2
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     2503202139                   0             1/1/2014     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
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     2503202828                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503202829                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
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     2503202857                   0                          N                                    FIX-INTONLY        EXPRESS1+                  360/1/360                                        120                                                                             1.00054E+17                          FIX-1
     2503202861                   0                          N                                    FIXEDRATE          EXPRESS3                   360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503202874                   0                          N                                    FIXEDRATE          SERIES0                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503202875                   0             1/1/2012     N                                    ARM                SERIES1                    360/1/360    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503202878                   0             1/1/2012     N                                    BALLOON            SERIES0                    480/1/480    6MOLIBORWSJ                           0                                                                             1.00054E+17                          ARM-1
     2503202880                   0             1/1/2012     N                                    ARM-INTONLY        SERIES0                    360/1/360    6MOLIBORWSJ                         120                                                                             1.00054E+17                          ARM-1
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     2503202917                   0                          N                                    FIXEDRATE          SERIES3                    360/1/360                                          0                                                                             1.00054E+17                          FIX-1
     2503202921                   0             1/1/2012     N                                    ARM-INTONLY        SERIES1                    360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503202968                   0             1/1/2012     N                                    ARM-INTONLY        EXPRESS1+                  360/1/360    6MOLIBORWSJ                          60                                                                             1.00054E+17                          ARM-1
     2503202976                   0                          N                                    FIX-INTONLY        EXPRESS1+                    360/360                                        120                                                                             1.00054E+17                          FIX-1
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H-1



EXHIBIT I
 
SPONSOR REPRESENTATIONS AND WARRANTIES
 
Sponsor’s Representations Assigned by Company to Trustee
 
Representations and Warranties. Pursuant to the Mortgage Loan Purchase Agreement, the Sponsor has made certain representations and warranties to the Company. The Sponsor shall confirm such representations and warranties and shall deliver a Sponsor’s Warranty Certificate and an Officer’s Certificate on the Closing Date (i) reaffirming such representations and warranties and (ii) specifically restating and reaffirming the following representations and warranties as of such date. The following representations are, pursuant to the Pooling and Servicing Agreement, assigned by the Company to the Trustee for the benefit of the Certificateholders, together with the related repurchase rights specified in the Mortgage Loan Purchase Agreement. Pursuant to the Mortgage Loan Purchase Agreement, the Sponsor’s Warranty Certificate and related Officer’s Certificate, the Sponsor affirms each such representation and warranty and agrees, consents to and acknowledges the assignment thereof to the Trustee. All capitalized terms herein shall have the meanings assigned in the Pooling and Servicing Agreement and the Sponsor’s Warranty Certificate, as applicable.
 
The Sponsor hereby represents and warrants to the Company and Trustee, as to each Mortgage Loan, that as of the Closing Date or as of such other date specifically provided herein:
 
(i) the information set forth in the Mortgage Loan Schedule hereto is true and correct in all material respects;
 
(ii) the Mortgage Loans, individually and in the aggregate, conform in all material respects to the descriptions thereof in the Prospectus Supplement;
 
(iii) the terms of the Mortgage Note and the Mortgage have not been impaired, waived, altered or modified in any respect, except by written instruments, (i) if required by law in the jurisdiction where the Mortgaged Property is located, or (ii) to protect the interests of the Trustee on behalf of the Certificateholders;
 
(iv) the Mortgage File for each Mortgage Loan contains a true and complete copy of each of the documents contained in such Mortgage File, including all amendments, modifications and, if applicable, waivers and assumptions that have been executed in connection with such Mortgage Loan;
 
(v) immediately prior to the transfer to the Purchaser, the Sponsor was the sole owner of beneficial title and holder of each Mortgage and Mortgage Note relating to the Mortgage Loans and is conveying the same free and clear of any and all liens, claims, encumbrances, participation interests, equities, pledges, charges or security interests of any nature and the Sponsor has full right and authority to sell or assign the same pursuant to this Agreement;
I-1

 
(vi) each Mortgage is a valid and enforceable first lien on the property securing the related Mortgage Note and each Mortgaged Property is owned by the Mortgagor in fee simple (except with respect to common areas in the case of condominiums, PUDs and de minimis PUDs) or by leasehold for a term at least five years longer than the term of the related Mortgage, subject only to (i) the lien of current real property taxes and assessments, (ii) covenants, conditions and restrictions, rights of way, easements and other matters of public record as of the date of recording of such Mortgage, such exceptions being acceptable to mortgage lending institutions generally or specifically reflected in the appraisal obtained in connection with the origination of the related Mortgage Loan or referred to in the lender's title insurance policy delivered to the originator of the related Mortgage Loan and (iii) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by such Mortgage;
 
(vii) no payment of principal of or interest on or in respect of any Mortgage Loan is 30 or more days past due;
 
(viii) there is no mechanics’ lien or claim for work, labor or material affecting the premises subject to any Mortgage which is or may be a lien prior to, or equal with, the lien of such Mortgage except those which are insured against by the title insurance policy referred to in (xii) below;
 
(ix) as of the Cut-off Date, (i) no Mortgage Loan had been 30 days or more delinquent more than once during the preceding 12 months, (ii) no Mortgage Loan had been delinquent for 60 days or more during the preceding 12 months and (iii) to Sponsor’s knowledge, there was no delinquent tax or assessment lien against the property subject to any Mortgage, except where such lien was being contested in good faith and a stay had been granted against levying on the property;
 
(x) there is no valid offset, defense or counterclaim to any Mortgage Note or Mortgage, including the obligation of the Mortgagor to pay the unpaid principal and interest on such Mortgage Note;
 
(xi)  to Sponsor’s knowledge, except to the extent insurance is in place which will over such damage, the physical property subject to any Mortgage is free of material damage and is in good repair and there is no proceeding pending or threatened for the total or partial condemnation of any Mortgaged Property;
 
(xii) each Mortgage Loan complies in all material respects with applicable local, state and federal laws, including, without limitation, usury, equal credit opportunity, real estate settlement procedures, the Federal Truth In Lending Act and disclosure laws, including, but not limited to, any applicable predatory lending laws. The consummation of the transactions contemplated hereby, including without limitation, the receipt of interest by the owner of such Mortgage Loan or the holders of Certificates secured thereby, will not involve the violation of any such laws. Each Mortgage Loan is being serviced in all material respects in accordance with applicable local, state and federal laws, including, without limitation, the Federal Truth In Lending Act and other consumer protection laws, real estate settlement procedures, usury, equal credit opportunity and disclosure laws;
I-2

 
(xiii) a lender's title insurance policy (on an ALTA or CLTA form) or binder, or other assurance of title customary in the relevant jurisdiction therefor in a form acceptable to Fannie Mae or Freddie Mac, was issued on the date that each Mortgage Loan was created by a title insurance company which, to the best of Sponsor’s knowledge, was qualified to do business in the jurisdiction where the related Mortgaged Property is located, insuring the Sponsor and its successors and assigns that the Mortgage is a first priority lien on the related Mortgaged Property in the original principal amount of the Mortgage Loan. Sponsor is the sole insured under such lender's title insurance policy, and such policy, binder or assurance is valid and remains in full force and effect, and each such policy, binder or assurance shall contain all applicable endorsements including a negative amortization endorsement, if applicable;
 
(xiv) in the event the Mortgage constitutes a deed of trust, either a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves and is named in the Mortgage or if no duly qualified trustee has been properly designated and so serves, the Mortgage contains satisfactory provisions for the appointment of such trustee by the holder of the Mortgage at no cost or expense to such holder, and no fees or expenses are or will become payable by Purchaser to the trustee under the deed of trust, except in connection with a trustee's sale after default by the mortgagor;
 
(xv) at the time of origination, each Mortgaged Property was the subject of an appraisal which conforms to the Sponsor’s underwriting requirements, and a complete copy of such appraisal is contained in the Mortgage File;
 
(xvi) neither the Sponsor nor any servicer of the related Mortgage Loans has advanced funds or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required by the Mortgage, except for (i) interest accruing from the date of the related Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is later, to the date which precedes by 30 days the first Due Date under the related Mortgage Note, and (ii) customary advances for insurance and taxes;
 
(xvii) each Mortgage Note, the related Mortgage and other agreements executed in connection therewith are genuine, and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditor's rights generally and by general equity principles (regardless of whether such enforcement is considered in a proceeding in equity or at law); and, to the best of Sponsor’s knowledge, all parties to each Mortgage Note and the Mortgage had legal capacity to execute the Mortgage Note and the Mortgage and each Mortgage Note and Mortgage has been duly and properly executed by the Mortgagor;
 
(xviii) to the extent required under applicable law, each conduit seller and subsequent mortgagee or servicer of the Mortgage Loans was authorized to transact and do business in the jurisdiction in which the related Mortgaged Property is located at all times when it held or serviced the Mortgage Loan; and any obligations of the holder of the related Mortgage Note, Mortgage and other loan documents have been complied with in all material respects; servicing of each Mortgage Loan has been in accordance with the servicing standard set forth in Section 3.01 of the Pooling and Servicing Agreement and the terms of the Mortgage Notes, the Mortgage and other loan documents, whether the creation of such Mortgage Loan and servicing was done by the Sponsor, its affiliates, or any third party which created the Mortgage Loan on behalf of, or sold the Mortgage Loan to, any of them, or any servicing agent of any of the foregoing;
I-3

 
(xix) the related Mortgage Note and Mortgage contain customary and enforceable provisions such as to render the rights and remedies of the holder adequate for the realization against the Mortgaged Property of the benefits of the security, including realization by judicial, or, if applicable, non judicial foreclosure, and, to Sponsor’s knowledge, there is no homestead or other exemption available to the Mortgagor which would interfere with such right to foreclosure;
 
(xx) except with respect to holdbacks required by certain Mortgage Loans which holdbacks create a fund for (i) the repair of Mortgaged Property due to damage from adverse weather conditions, or (ii) the completion of new construction, or both, the proceeds of the Mortgage Loans have been fully disbursed, there is no requirement for future advances thereunder and any and all requirements as to completion of any on site or off site improvements and as to disbursements of any escrow funds therefor have been complied with; and all costs, fees and expenses incurred in making, closing or recording the Mortgage Loan have been paid, except recording fees with respect to Mortgages not recorded as of the Closing Date;
 
(xxi) as of the Closing Date, the improvements on each Mortgaged Property securing a Mortgage Loan is insured (by an insurer which is acceptable to the Sponsor) against loss by fire and such hazards as are covered under a standard extended coverage endorsement in the locale in which the Mortgaged Property is located, in an amount which is not less than the lesser of the maximum insurable value of the improvements securing such Mortgage Loan or the outstanding principal balance of the Mortgage Loan, but in no event in an amount less than an amount that is required to prevent the Mortgagor from being deemed to be a co insurer thereunder; if the improvement on the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the condominium project; if upon origination of the related Mortgage Loan, the improvements on the Mortgaged Property were in an area identified as a federally designated flood area, a flood insurance policy is in effect in an amount representing coverage not less than the least of (i) the outstanding principal balance of the Mortgage Loan, (ii) the restorable cost of improvements located on such Mortgaged Property or (iii) the maximum coverage available under federal law; and each Mortgage obligates the Mortgagor thereunder to maintain the insurance referred to above at the Mortgagor's cost and expense;
 
(xxii) there is no monetary default existing under any Mortgage or the related Mortgage Note and there is no material event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach or event of acceleration; and neither the Sponsor, any of its affiliates nor any servicer of any related Mortgage Loan has taken any action to waive any default, breach or event of acceleration; no foreclosure action is threatened or has been commenced with respect to the Mortgage Loan;
I-4

 
(xxiii) to Sponsor’s knowledge, no Mortgagor, at the time of origination of the applicable Mortgage, was a debtor in any state or federal bankruptcy or insolvency proceeding;
 
(xxiv) each Mortgage Loan was originated or funded by (a) a savings and loan association, savings bank, commercial bank, credit union, insurance company or similar institution which is supervised and examined by a federal or state authority (or originated by (i) a subsidiary of any of the foregoing institutions which subsidiary is actually supervised and examined by applicable regulatory authorities or (ii) a mortgage loan correspondent of any of the foregoing and that was originated pursuant to the criteria established by any of the foregoing) or (b) a mortgagee approved by the Secretary of Housing and Urban Development pursuant to sections 203 and 211 of the National Housing Act, as amended;
 
(xxv) all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including, but not limited to, certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities;
 
(xxvi) to Sponsor’s knowledge, the Mortgaged Property and all improvements thereon comply with all requirements of any applicable zoning and subdivision laws and ordinances;
 
(xxvii) no instrument of release or waiver has been executed in connection with the Mortgage Loans, and no Mortgagor has been released, in whole or in part, except in connection with an assumption agreement which has been approved by the primary mortgage guaranty insurer, if any, and which has been delivered to the Trustee;
 
(xxviii) [Reserved];
 
(xxix) no Mortgage Loan was originated based on an appraisal of the related Mortgaged Property made prior to completion of construction of the improvements thereon unless a certificate of completion was obtained prior to closing of the Mortgage Loan;
 
(xxx) each of the Mortgaged Properties consists of a single parcel of real property with a detached single family residence erected thereon, or a two to four family dwelling, or an individual condominium unit in a condominium project or a townhouse, a condohotel, an individual unit in a PUD or an individual unit in a de minimis PUD;
 
(xxxi) no Mortgaged Property consists of a single parcel of real property with a cooperative housing development erected thereon. Any condominium unit, PUD or de minimis PUD conforms with Progressive Loan Series Program requirements regarding such dwellings or is covered by a waiver confirming that such condominium unit, PUD or de minimis PUD is acceptable to the Sponsor;
 
(xxxii) each Mortgage Loan constitutes a “qualified mortgage” under Section 860G(a)(3)(A) of the Code and Treasury Regulation Section 1.860G 2(a)(1);
 
(xxxiii) with respect to each Mortgage Loan directly originated by the Sponsor (and not through a third party broker or other third party) as of the Closing Date, to the best of Sponsor’s knowledge, there has been no fraud, misrepresentation or dishonesty with respect to the origination of any Mortgage Loan;
I-5

 
(xxxiv) no selection procedure reasonably believed by the Sponsor to be adverse to the interests of the Certificateholders was utilized in selecting the Mortgage Loans;
 
(xxxv) no Mortgage Loan is subject to the Home Ownership and Equity Protection Act of 1994 or any comparable state law;
 
(xxxvi) no proceeds from any Mortgage Loan were used to finance single premium credit insurance policies;
 
(xxxvii) no Mortgage Loan provides for payment of a Prepayment Charge on Principal Prepayments made more than five years from the date of the first contractual Due Date of the related Mortgage Loan;
 
(xxxviii) none of the Mortgage Loans is a “high cost home loan” as defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”), the New York Predatory Lending Law, codified as N.Y. Banking Law §6 I, N.Y. Gen. Bus. Law §771 a, and N.Y. Real Prop. Acts Law §1302 (together, the “New York Act”), the Arkansas Home Loan Protection Act, as amended (the “Arkansas Act”), or Kentucky Revised Statutes §360.100, as amended (the “Kentucky Act”); and all the Mortgage Loans that are subject to the Georgia Act, the New York Act, the Arkansas Act and the Kentucky Act comply with the requirements of each such act. Each Mortgage Loan for which the related Mortgaged Property is located in the State of Georgia was originated prior to October 1, 2002, or on or after March 9, 2003;
 
(xxxix)  no mortgage loan in the trust is a “high cost home,” “covered” (excluding home loans defined as “covered home loans” in the New Jersey Home Ownership Security Act of 2002 that were originated between November 26, 2003 and July 7, 2004), “high risk home” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees);
 
(l) no subprime mortgage loan originated on or after October 1, 2002 underlying the Security will impose a prepayment premium for a term in excess of three years. Any loans originated prior to such date, and any non subprime loans, will not impose prepayment penalties in excess of five years;
 
(li) the servicer for each mortgage loan underlying the Security has fully furnished and will fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (i.e., favorable and unfavorable) on its borrower credit files to Equifax, Experian, and Trans Union Credit Information Company (three of the credit repositories), on a monthly basis;
 
(lii) with respect to any mortgage loan originated on or after August 1, 2004 and underlying the Security, neither the related mortgage nor the related mortgage note requires the borrower to submit to arbitration to resolve any dispute arising out of or relating in any way to the mortgage loan transaction;
I-6

 
(liii) No mortgage loan is a High Cost Loan or Covered Loan, as applicable (as such terms are defined in the then current Standard & Poor's LEVELS® Glossary which is now Version 5.7 Revised, Appendix E) and no mortgage loan originated on or after October 1, 2002 through March 6, 2003 is governed by the Georgia Fair Lending Act;
 
(liv) Information provided to the rating agencies, including the loan level detail, is true and correct according to the rating agency requirements;
 
(lv) The prepayment penalties included in the transaction are enforceable and were originated in compliance with all applicable federal, state and local laws; and
 
(lvi) The schedule of Prepayment Charges is true and correct.
 

 

I-7



EXHIBIT J
 
FORM OF NOTICE UNDER SECTION 3.24
 
February 22, 2007            
Deutsche Bank National Trust Company
1761 East St. Andrew Place
Santa Ana, California 92705-4934
 
 
Re:
Impac Secured Assets Corp.
Mortgage Pass-Through Certificates, Series 2007-1
 
Pursuant to Section 3.24 of the Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Funding Corporation, as master servicer, Impac Secured Assets Corp., as depositor (the “Depositor”), and Deutsche Bank National Trust Company, as trustee, relating to the Certificates referenced above, the undersigned does hereby notify you that:
 
(a) The prepayment assumption used in pricing the Certificates with respect to the Mortgage Loans in Series 2007-1 consisted of a Prepayment Assumption (the “Prepayment Assumption”) of ____% per annum.
 
(b) With respect to each Class of Certificates comprising the captioned series, set forth below is (i) the first price, as a percentage of the Certificate Principal Balance or Notional Amount of each Class of Certificates, at which 10% of the aggregate Certificate Principal Balance or Notional Amount of each such Class of Certificates was first sold at a single price, if applicable, or (ii) if more than 10% of a Class of Certificates have been sold but no single price is paid for at least 10% of the aggregate Certificate Principal Balance or Notional Amount of such Class of Certificates, then the weighted average price at which the Certificates of such Class were sold expressed as a percentage of the Certificate Principal Balance or Notional Amount of such Class of Certificates, or (iii) if less than 10% of the aggregate Certificate Principal Balance or Notional Amount of a Class of Certificates has been sold, the purchase price for each such Class of Certificates paid by [_____________] (the “Underwriter”), expressed as a percentage of the Certificate Principal Balance or Notional Amount of such Class of Certificates calculated by: (1) estimating the fair market value of each such Class of Certificates as of February 22, 2007; (2) adding such estimated fair market value to the aggregate purchase prices of each Class of Certificates described in clause (i) or (ii) above; (3) dividing each of the fair market values determined in clause (1) by the sum obtained in clause (2); (4) multiplying the quotient obtained for each Class of Certificates in clause (3) by the purchase price paid by the Underwriters for all the Certificates purchased by it; and (5) for each Class of Certificates, dividing the product obtained from such Class of Certificates in clause (4) by the initial Certificate Principal Balance or Notional Amount of such Class of Certificates or (iv) the fair market value (but not less than zero) as of the Closing Date of each Certificate of each Class of Certificates retained by the Company or an affiliate corporation, or delivered to the seller:
J-1

 
Series 2007-1
 
 
Class A-1:
____%
 
 
Class A-2:
____%
 
 
Class A-3
____%
 
 
Class A-M:
____%
 
 
Class M-1:
____%
 
 
Class M-2:
____%
 
 
Class M-3:
____%
 
 
Class M-4:
____%
 
 
Class M-5:
____%
 
 
Class M-6:
____%
 
 
Class M-7:
____%
 
 
Class M-8:
____%
 
 
Class B:
____%
 
 
Class C:
____%
 
 
Class P:
____%
 
 
Class R:
____%
 
 
Capitalized terms not defined herein have the meanings assigned to them in the Pooling and Servicing Agreement.
 
[SIGNATURE PAGE FOLLOWS]
 
J-2



The prices and values set forth above do not include accrued interest with respect to periods before the closing.
 

 
IMPAC SECURED ASSETS CORP.
 
 
By:___________________________
Name:
Title:

 

 

J-3



EXHIBIT K
 
IMPAC SERVICING GUIDE
 
 
(Provided Upon Request)
 

 

K-1



EXHIBIT L-1
 
FORM 10-K CERTIFICATION
 

 
 
Re:
Impac Secured Assets Corp.,
Mortgage Pass-Through Certificates, Series 2007-1
 
 
I, [identify the certifying individual], certify that:

1. I have reviewed this report on Form 10-K and all reports on Form 10-D required to be filed in respect of the period covered by this report on Form 10-K of [identify the issuing entity] (the “Exchange Act periodic reports”);

2. Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, all of the distribution, servicing and other information required to be provided under Form 10-D for the period covered by this report is included in the Exchange Act periodic reports;

4. [I am responsible for reviewing the activities performed by the servicer(s) and based on my knowledge and the compliance review(s) conducted in preparing the servicer compliance statement(s) required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicer(s) [has/have] fulfilled [its/their] obligations under the servicing agreement(s); and] [Based on my knowledge and the servicer compliance statement(s) required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicer(s) [has/have] fulfilled [its/their] obligations under the servicing agreement(s); and]

5. All of the reports on assessment of compliance with servicing criteria for asset-backed securities and their related attestation reports on assessment of compliance with servicing criteria for asset-backed securities required to be included in this report in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included as an exhibit to this report, except as otherwise disclosed in this report. Any material instances of noncompliance described in such reports have been disclosed in this report on Form 10-K. 

[In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties [name of servicer, sub-servicer, co-servicer, depositor or trustee].]

Date: __________________
 
_______________________
[Signature]
[Title]
L-1-1



EXHIBIT L-2
 
FORM 10-K BACK-UP CERTIFICATION (MASTER SERVICER)
 

 
 
Re:
Impac Secured Assets Corp.,
Mortgage Pass-Through Certificates, Series 2007-1
 
I, [Identify the certifying individual], a [______________] of Deutsche Bank National Trust Company, as Trustee, hereby certify to Impac Funding Corporation and its officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:
 
1. I have reviewed the annual report on Form 10-K for the fiscal year [__], and all reports on Form 8-K containing distribution reports filed in respect of periods included in the year covered by that annual report, of the Issuer relating to the above-referenced trust;
 
2. Based on my knowledge, the information in these distribution reports prepared by the Trustee, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by that annual report; and
 
3. Based on my knowledge, the distribution information required to be provided by the Trustee under the Agreement is included in these distribution reports.
 
Capitalized terms used but not defined herein have the meanings ascribed to them in the Pooling and Servicing Agreement, dated February 1, 2007 (the “Agreement”), among Impac Secured Assets Corp., as Depositor, Impac Funding Corporation, as Master Servicer, and Deutsche Bank National Trust Company, as Trustee.
 
DEUTSCHE BANK NATIONAL TRUST COMPANY, as
Trustee
 
By:__________________________
Name:
Title:
 
Date:
 


L-2-1



EXHIBIT L-3
 
FORM 10-K BACK-UP CERTIFICATION (TRUSTEE)
 
 
 
Re:
Impac Secured Assets Corp.,
Mortgage Pass-Through Certificates, Series 2007-1
 
 
I, [Identify the certifying individual], a [_________________] of Deutsche Bank National Trust Company, as Trustee, hereby certify to Impac Funding Corporation and its officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:
 
1. Based on my knowledge, the distribution information required to be provided by the Trustee under the Agreement is included in these distribution reports.
 
Capitalized terms used but not defined herein have the meanings ascribed to them in the Pooling and Servicing Agreement, dated February 1, 2007 (the “Agreement”), among Impac Secured Assets Corp., as Depositor, Impac Funding Corporation, as Master Servicer and Deutsche Bank National Trust Company, as Trustee.
 
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
 
By:__________________________
Name:
Title:
 
Date:
 

 

L-3-1



EXHIBIT L-4
 
FORM OF BACK-UP CERTIFICATION TO FORM 10-K CERTIFICATE
 
 
Re: The [                    ] agreement dated as of [             ], 200[  ] (the “Agreement”), among [IDENTIFY PARTIES]
 
I, ________________________________, the _______________________ of [NAME OF COMPANY], certify to [the Purchaser], [the Depositor], and the [Master Servicer] [Trustee], and their officers, with the knowledge and intent that they will rely upon this certification, that:
 
(1) I have reviewed the servicer compliance statement of the Company provided in accordance with Item 1123 of Regulation AB (the “Compliance Statement”), the report on assessment of the Company’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided in accordance with Rules 13a-18 and 15d-18 under Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Item 1122 of Regulation AB (the “Servicing Assessment”), the registered public accounting firm’s attestation report provided in accordance with Rules 13a-18 and 15d-18 under the Exchange Act and Section 1122(b) of Regulation AB (the Attestation Report”), and all servicing reports, officer’s certificates and other information relating to the servicing of the Mortgage Loans by the Company during 200[ ] that were delivered by the Company to the [Depositor] [Master Servicer] [Trustee] pursuant to the Agreement (collectively, the “Company Servicing Information”);
 
(2) Based on my knowledge, the Company Servicing Information, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in the light of the circumstances under which such statements were made, not misleading with respect to the period of time covered by the Company Servicing Information;
 
(3) Based on my knowledge, all of the Company Servicing Information required to be provided by the Company under the Agreement has been provided to the [Depositor] [Master Servicer] [Trustee];
 
(4) I am responsible for reviewing the activities performed by the Company as servicer under the Agreement, and based on my knowledge and the compliance review conducted in preparing the Compliance Statement and except as disclosed in the Compliance Statement, the Servicing Assessment or the Attestation Report, the Company has fulfilled its obligations under the Agreement in all material respects; and
L-4-1

 
(5) The Compliance Statement required to be delivered by the Company pursuant to the Agreement, and the Servicing Assessment and Attestation Report required to be provided by the Company and by any Subservicer or Subcontractor pursuant to the Agreement, have been provided to the [Depositor] [Master Servicer]. Any material instances of noncompliance described in such reports have been disclosed to the [Depositor] [Master Servicer]. Any material instance of noncompliance with the Servicing Criteria has been disclosed in such reports.
 

Date:
_________________________
By:
Name:
________________________________
Title:
________________________________



L-4-2



EXHIBIT M
 
FORM OF INTEREST RATE SWAP AGREEMENT AND CAP CONTRACTS
 
M-1

 
BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009

DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
 
ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9218
 
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Bear Stearns”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.18500%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 


Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A
     
 
NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 


Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.




Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.



By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:

am


Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7

SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
14,759,175
3/25/2007
4/25/2007
14,613,870
4/25/2007
5/25/2007
14,435,970
5/25/2007
6/25/2007
14,225,745
6/25/2007
7/25/2007
13,983,645
7/25/2007
8/25/2007
13,710,390
8/25/2007
9/25/2007
13,406,865
9/25/2007
10/25/2007
13,074,195
10/25/2007
11/25/2007
12,713,730
11/25/2007
12/25/2007
12,327,015
12/25/2007
1/25/2008
11,951,985
1/25/2008
2/25/2008
11,588,295
2/25/2008
3/25/2008
11,235,585
3/25/2008
4/25/2008
10,893,540
4/25/2008
5/25/2008
10,561,830
5/25/2008
6/25/2008
10,240,155
6/25/2008
7/25/2008
9,928,215
7/25/2008
8/25/2008
9,625,695
8/25/2008
9/25/2008
9,332,325
9/25/2008
10/25/2008
9,047,850
10/25/2008
11/25/2008
8,771,970
11/25/2008
12/25/2008
8,504,445
12/25/2008
1/25/2009
8,245,005
1/25/2009
2/25/2009
7,993,440
2/25/2009
3/25/2009
7,749,480
3/25/2009
4/25/2009
7,512,915
4/25/2009
5/25/2009
7,283,520
5/25/2009
6/25/2009
7,061,070
6/25/2009
7/25/2009
6,845,370
7/25/2009
8/25/2009
6,636,195
8/25/2009
9/25/2009
6,433,365
9/25/2009
10/25/2009
6,236,700
10/25/2009
11/25/2009
6,045,990
 

 
Reference Number: FXNCC9218
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
5,861,055
12/25/2009
1/25/2010
5,681,745
1/25/2010
2/25/2010
5,507,880
2/25/2010
3/25/2010
5,339,280
3/25/2010
4/25/2010
5,175,810
4/25/2010
5/25/2010
5,017,290
5/25/2010
6/25/2010
4,863,600
6/25/2010
7/25/2010
4,714,575
7/25/2010
8/25/2010
4,570,065
8/25/2010
9/25/2010
4,429,965
9/25/2010
10/25/2010
4,294,110
10/25/2010
11/25/2010
4,162,395
11/25/2010
12/25/2010
4,034,670
12/25/2010
1/25/2011
3,910,845
1/25/2011
2/25/2011
3,790,785
2/25/2011
3/25/2011
3,674,370
3/25/2011
4/25/2011
3,561,510
4/25/2011
5/25/2011
3,452,085
5/25/2011
6/25/2011
3,345,990
6/25/2011
7/25/2011
3,243,120
7/25/2011
8/25/2011
3,143,385
8/25/2011
9/25/2011
3,046,695
9/25/2011
10/25/2011
2,952,945
10/25/2011
Termination Date
2,862,060



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
 
ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9219

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7
 
2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239  is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.18600%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt


Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  ______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1

 
By:  ______________________________
Name:
Title:

am


Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7

SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
24,598,625
3/25/2007
4/25/2007
24,356,450
4/25/2007
5/25/2007
24,059,950
5/25/2007
6/25/2007
23,709,575
6/25/2007
7/25/2007
23,306,075
7/25/2007
8/25/2007
22,850,650
8/25/2007
9/25/2007
22,344,775
9/25/2007
10/25/2007
21,790,325
10/25/2007
11/25/2007
21,189,550
11/25/2007
12/25/2007
20,545,025
12/25/2007
1/25/2008
19,919,975
1/25/2008
2/25/2008
19,313,825
2/25/2008
3/25/2008
18,725,975
3/25/2008
4/25/2008
18,155,900
4/25/2008
5/25/2008
17,603,050
5/25/2008
6/25/2008
17,066,925
6/25/2008
7/25/2008
16,547,025
7/25/2008
8/25/2008
16,042,825
8/25/2008
9/25/2008
15,553,875
9/25/2008
10/25/2008
15,079,750
10/25/2008
11/25/2008
14,619,950
11/25/2008
12/25/2008
14,174,075
12/25/2008
1/25/2009
13,741,675
1/25/2009
2/25/2009
13,322,400
2/25/2009
3/25/2009
12,915,800
3/25/2009
4/25/2009
12,521,525
4/25/2009
5/25/2009
12,139,200
5/25/2009
6/25/2009
11,768,450
6/25/2009
7/25/2009
11,408,950
7/25/2009
8/25/2009
11,060,325
8/25/2009
9/25/2009
10,722,275
9/25/2009
10/25/2009
10,394,500
10/25/2009
11/25/2009
10,076,650
 

 
Reference Number: FXNCC9219
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
9,768,425
12/25/2009
1/25/2010
9,469,575
1/25/2010
2/25/2010
9,179,800
2/25/2010
3/25/2010
8,898,800
3/25/2010
4/25/2010
8,626,350
4/25/2010
5/25/2010
8,362,150
5/25/2010
6/25/2010
8,106,000
6/25/2010
7/25/2010
7,857,625
7/25/2010
8/25/2010
7,616,775
8/25/2010
9/25/2010
7,383,275
9/25/2010
10/25/2010
7,156,850
10/25/2010
11/25/2010
6,937,325
11/25/2010
12/25/2010
6,724,450
12/25/2010
1/25/2011
6,518,075
1/25/2011
2/25/2011
6,317,975
2/25/2011
3/25/2011
6,123,950
3/25/2011
4/25/2011
5,935,850
4/25/2011
5/25/2011
5,753,475
5/25/2011
6/25/2011
5,576,650
6/25/2011
7/25/2011
5,405,200
7/25/2011
8/25/2011
5,238,975
8/25/2011
9/25/2011
5,077,825
9/25/2011
10/25/2011
4,921,575
10/25/2011
Termination Date
4,770,100

 



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
 
ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9220

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.




Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.16700%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt


Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1

 
By:  _______________________________
Name:
Title:

am


Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7

SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
19,678,900
3/25/2007
4/25/2007
19,485,160
4/25/2007
5/25/2007
19,247,960
5/25/2007
6/25/2007
18,967,660
6/25/2007
7/25/2007
18,644,860
7/25/2007
8/25/2007
18,280,520
8/25/2007
9/25/2007
17,875,820
9/25/2007
10/25/2007
17,432,260
10/25/2007
11/25/2007
16,951,640
11/25/2007
12/25/2007
16,436,020
12/25/2007
1/25/2008
15,935,980
1/25/2008
2/25/2008
15,451,060
2/25/2008
3/25/2008
14,980,780
3/25/2008
4/25/2008
14,524,720
4/25/2008
5/25/2008
14,082,440
5/25/2008
6/25/2008
13,653,540
6/25/2008
7/25/2008
13,237,620
7/25/2008
8/25/2008
12,834,260
8/25/2008
9/25/2008
12,443,100
9/25/2008
10/25/2008
12,063,800
10/25/2008
11/25/2008
11,695,960
11/25/2008
12/25/2008
11,339,260
12/25/2008
1/25/2009
10,993,340
1/25/2009
2/25/2009
10,657,920
2/25/2009
3/25/2009
10,332,640
3/25/2009
4/25/2009
10,017,220
4/25/2009
5/25/2009
9,711,360
5/25/2009
6/25/2009
9,414,760
6/25/2009
7/25/2009
9,127,160
7/25/2009
8/25/2009
8,848,260
8/25/2009
9/25/2009
8,577,820
9/25/2009
10/25/2009
8,315,600
10/25/2009
11/25/2009
8,061,320
 

 
Reference Number: FXNCC9220
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
7,814,740
12/25/2009
1/25/2010
7,575,660
1/25/2010
2/25/2010
7,343,840
2/25/2010
3/25/2010
7,119,040
3/25/2010
4/25/2010
6,901,080
4/25/2010
5/25/2010
6,689,720
5/25/2010
6/25/2010
6,484,800
6/25/2010
7/25/2010
6,286,100
7/25/2010
8/25/2010
6,093,420
8/25/2010
9/25/2010
5,906,620
9/25/2010
10/25/2010
5,725,480
10/25/2010
11/25/2010
5,549,860
11/25/2010
12/25/2010
5,379,560
12/25/2010
1/25/2011
5,214,460
1/25/2011
2/25/2011
5,054,380
2/25/2011
3/25/2011
4,899,160
3/25/2011
4/25/2011
4,748,680
4/25/2011
5/25/2011
4,602,780
5/25/2011
6/25/2011
4,461,320
6/25/2011
7/25/2011
4,324,160
7/25/2011
8/25/2011
4,191,180
8/25/2011
9/25/2011
4,062,260
9/25/2011
10/25/2011
3,937,260
10/25/2011
Termination Date
3,816,080
 



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
 
ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9221

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Bear Stearns”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Counterparty”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Bear Stearns and Counterparty (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9221
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 6

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2008, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Bear Stearns Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Bear Stearns Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Bear Stearns
     
 
Cap Rate:
5.14125%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9221
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 6
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Bear Stearns

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN BEAR STEARNS IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Bear Stearns:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Counterparty:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt


Reference Number: FXNCC9221
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 6
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Counterparty acknowledges that Bear Stearns has advised Counterparty to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Counterparty has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Bear Stearns a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9221
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 6

We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:
 
am


Reference Number: FXNCC9221
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 6

SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
19,678,900
3/25/2007
4/25/2007
19,485,158
4/25/2007
5/25/2007
19,247,960
5/25/2007
6/25/2007
18,967,654
6/25/2007
7/25/2007
18,644,868
7/25/2007
8/25/2007
18,280,520
8/25/2007
9/25/2007
17,875,816
9/25/2007
10/25/2007
17,432,260
10/25/2007
11/25/2007
16,951,638
11/25/2007
12/25/2007
16,436,024
12/25/2007
1/25/2008
15,935,986
1/25/2008
2/25/2008
15,451,056
2/25/2008
3/25/2008
14,980,780
3/25/2008
4/25/2008
14,524,720
4/25/2008
5/25/2008
14,082,444
5/25/2008
6/25/2008
13,653,542
6/25/2008
7/25/2008
13,237,610
7/25/2008
8/25/2008
12,834,258
8/25/2008
9/25/2008
12,443,108
9/25/2008
10/25/2008
12,063,792
10/25/2008
Termination Date
11,695,956



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9222

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Bear Stearns”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
December 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.96800%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt


Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1

 
By:  _______________________________
Name:
Title:
 
am


Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
34,700,960
3/25/2007
4/25/2007
34,438,075
4/25/2007
5/25/2007
34,099,030
5/25/2007
6/25/2007
33,683,930
6/25/2007
7/25/2007
33,193,405
7/25/2007
8/25/2007
32,628,505
8/25/2007
9/25/2007
31,990,910
9/25/2007
10/25/2007
31,282,685
10/25/2007
11/25/2007
30,506,455
11/25/2007
12/25/2007
29,665,370
12/25/2007
1/25/2008
28,763,035
1/25/2008
2/25/2008
27,887,965
2/25/2008
3/25/2008
27,039,355
3/25/2008
4/25/2008
26,216,365
4/25/2008
5/25/2008
25,418,260
5/25/2008
6/25/2008
24,644,270
6/25/2008
7/25/2008
23,893,695
7/25/2008
8/25/2008
23,165,835
8/25/2008
9/25/2008
22,459,955
9/25/2008
10/25/2008
21,775,425
10/25/2008
11/25/2008
21,111,650
11/25/2008
12/25/2008
20,467,930
12/25/2008
1/25/2009
19,843,705
1/25/2009
2/25/2009
19,238,345
2/25/2009
3/25/2009
18,651,360
3/25/2009
4/25/2009
18,082,120
4/25/2009
5/25/2009
17,530,135
5/25/2009
6/25/2009
16,994,880
6/25/2009
7/25/2009
16,475,830
7/25/2009
8/25/2009
15,972,530
8/25/2009
9/25/2009
15,484,455
9/25/2009
10/25/2009
15,011,185
10/25/2009
11/25/2009
14,552,300
 

 
Reference Number: FXNCC9222
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
14,107,310
12/25/2009
1/25/2010
13,675,795
1/25/2010
2/25/2010
13,257,405
2/25/2010
3/25/2010
12,851,720
3/25/2010
4/25/2010
12,458,320
4/25/2010
5/25/2010
12,076,890
5/25/2010
6/25/2010
11,707,010
6/25/2010
7/25/2010
11,348,400
7/25/2010
8/25/2010
11,000,675
8/25/2010
9/25/2010
10,663,485
9/25/2010
10/25/2010
10,336,585
10/25/2010
11/25/2010
10,019,590
11/25/2010
12/25/2010
9,712,255
12/25/2010
1/25/2011
9,414,230
1/25/2011
2/25/2011
9,125,305
2/25/2011
3/25/2011
8,845,165
3/25/2011
4/25/2011
8,573,530
4/25/2011
5/25/2011
8,310,190
5/25/2011
6/25/2011
8,054,865
6/25/2011
7/25/2011
7,807,310
7/25/2011
8/25/2011
7,567,280
8/25/2011
9/25/2011
7,334,565
9/25/2011
10/25/2011
7,108,955
10/25/2011
11/25/2011
6,890,205
11/25/2011
Termination Date
6,678,140



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9223

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Counterparty”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Counterparty (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
January 25, 2010, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, , FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.97000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Party A Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Counterparty:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Counterparty acknowledges that Party A has advised Counterparty to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Counterparty has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount (USD)
Effective Date
3/25/2007
9,968,000
3/25/2007
4/25/2007
9,914,560
4/25/2007
5/25/2007
9,839,450
5/25/2007
6/25/2007
9,742,580
6/25/2007
7/25/2007
9,623,980
7/25/2007
8/25/2007
9,483,830
8/25/2007
9/25/2007
9,322,430
9/25/2007
10/25/2007
9,140,260
10/25/2007
11/25/2007
8,937,910
11/25/2007
12/25/2007
8,716,130
12/25/2007
1/25/2008
8,475,820
1/25/2008
2/25/2008
8,218,010
2/25/2008
3/25/2008
7,967,990
3/25/2008
4/25/2008
7,725,530
4/25/2008
5/25/2008
7,490,390
5/25/2008
6/25/2008
7,262,360
6/25/2008
7/25/2008
7,041,220
7/25/2008
8/25/2008
6,826,770
8/25/2008
9/25/2008
6,618,810
9/25/2008
10/25/2008
6,417,130
10/25/2008
11/25/2008
6,221,550
11/25/2008
12/25/2008
6,031,900
12/25/2008
1/25/2009
5,847,980
1/25/2009
2/25/2009
5,669,630
2/25/2009
3/25/2009
5,496,670
3/25/2009
4/25/2009
5,328,960
4/25/2009
5/25/2009
5,166,320
5/25/2009
6/25/2009
5,008,610
6/25/2009
7/25/2009
4,855,680
7/25/2009
8/25/2009
4,707,380
8/25/2009
9/25/2009
4,563,580
9/25/2009
10/25/2009
4,424,130
10/25/2009
11/25/2009
4,288,910
11/25/2009
12/25/2009
4,157,800
 

 
Reference Number: FXNCC9223
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
12/25/2009
Termination Date
4,030,660
 


BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9224

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Counterparty”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Counterparty (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 8

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
December 25, 2013, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.91000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 8
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Counterparty:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 8

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Counterparty acknowledges that Party A has advised Counterparty to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Counterparty has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 8
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 8
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
29,743,677
3/25/2007
4/25/2007
29,518,351
4/25/2007
5/25/2007
29,227,736
5/25/2007
6/25/2007
28,871,940
6/25/2007
7/25/2007
28,451,481
7/25/2007
8/25/2007
27,967,302
8/25/2007
9/25/2007
27,420,779
9/25/2007
10/25/2007
26,813,725
10/25/2007
11/25/2007
26,148,390
11/25/2007
12/25/2007
25,427,457
12/25/2007
1/25/2008
24,654,036
1/25/2008
2/25/2008
23,903,979
2/25/2008
3/25/2008
23,176,584
3/25/2008
4/25/2008
22,471,171
4/25/2008
5/25/2008
21,787,079
5/25/2008
6/25/2008
21,123,667
6/25/2008
7/25/2008
20,480,314
7/25/2008
8/25/2008
19,856,415
8/25/2008
9/25/2008
19,251,387
9/25/2008
10/25/2008
18,664,662
10/25/2008
11/25/2008
18,095,689
11/25/2008
12/25/2008
17,543,934
12/25/2008
1/25/2009
17,008,880
1/25/2009
2/25/2009
16,490,023
2/25/2009
3/25/2009
15,986,876
3/25/2009
4/25/2009
15,498,966
4/25/2009
5/25/2009
15,025,836
5/25/2009
6/25/2009
14,567,038
6/25/2009
7/25/2009
14,122,143
7/25/2009
8/25/2009
13,690,731
8/25/2009
9/25/2009
13,272,396
9/25/2009
10/25/2009
12,866,745
10/25/2009
11/25/2009
12,473,394
 

Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 8
 
11/25/2009
12/25/2009
12,091,974
12/25/2009
1/25/2010
11,722,124
1/25/2010
2/25/2010
11,363,496
2/25/2010
3/25/2010
11,015,752
3/25/2010
4/25/2010
10,678,564
4/25/2010
5/25/2010
10,351,612
5/25/2010
6/25/2010
10,034,588
6/25/2010
7/25/2010
9,727,194
7/25/2010
8/25/2010
9,429,137
8/25/2010
9/25/2010
9,140,137
9/25/2010
10/25/2010
8,859,920
10/25/2010
11/25/2010
8,588,220
11/25/2010
12/25/2010
8,324,781
12/25/2010
1/25/2011
8,069,354
1/25/2011
2/25/2011
7,821,696
2/25/2011
3/25/2011
7,581,572
3/25/2011
4/25/2011
7,348,755
4/25/2011
5/25/2011
7,123,024
5/25/2011
6/25/2011
6,904,165
6/25/2011
7/25/2011
6,691,970
7/25/2011
8/25/2011
6,486,238
8/25/2011
9/25/2011
6,286,773
9/25/2011
10/25/2011
6,093,386
10/25/2011
11/25/2011
5,905,893
11/25/2011
12/25/2011
5,724,115
12/25/2011
1/25/2012
5,547,879
1/25/2012
2/25/2012
5,377,019
2/25/2012
3/25/2012
5,211,370
3/25/2012
4/25/2012
5,050,776
4/25/2012
5/25/2012
4,895,083
5/25/2012
6/25/2012
4,744,143
6/25/2012
7/25/2012
4,597,811
7/25/2012
8/25/2012
4,455,949
8/25/2012
9/25/2012
4,318,420
9/25/2012
10/25/2012
4,185,093
10/25/2012
11/25/2012
4,055,842
11/25/2012
12/25/2012
3,930,541
12/25/2012
1/25/2013
3,809,073
 

Reference Number: FXNCC9224
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 8 of 8
 
1/25/2013
2/25/2013
3,691,319
2/25/2013
3/25/2013
3,577,168
3/25/2013
4/25/2013
3,466,510
4/25/2013
5/25/2013
3,359,240
5/25/2013
6/25/2013
3,255,254
6/25/2013
7/25/2013
3,154,452
7/25/2013
8/25/2013
3,056,738
8/25/2013
9/25/2013
2,962,018
9/25/2013
10/25/2013
2,870,202
10/25/2013
11/25/2013
2,781,200
11/25/2013
Termination Date
2,694,928



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9225

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.




Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
January 25, 2010, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.98000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

 
Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount (USD)
Effective Date
3/25/2007
9,968,000
3/25/2007
4/25/2007
9,914,560
4/25/2007
5/25/2007
9,839,450
5/25/2007
6/25/2007
9,742,580
6/25/2007
7/25/2007
9,623,980
7/25/2007
8/25/2007
9,483,830
8/25/2007
9/25/2007
9,322,430
9/25/2007
10/25/2007
9,140,260
10/25/2007
11/25/2007
8,937,910
11/25/2007
12/25/2007
8,716,130
12/25/2007
1/25/2008
8,475,820
1/25/2008
2/25/2008
8,218,010
2/25/2008
3/25/2008
7,967,990
3/25/2008
4/25/2008
7,725,530
4/25/2008
5/25/2008
7,490,390
5/25/2008
6/25/2008
7,262,360
6/25/2008
7/25/2008
7,041,220
7/25/2008
8/25/2008
6,826,770
8/25/2008
9/25/2008
6,618,810
9/25/2008
10/25/2008
6,417,130
10/25/2008
11/25/2008
6,221,550
11/25/2008
12/25/2008
6,031,900
12/25/2008
1/25/2009
5,847,980
1/25/2009
2/25/2009
5,669,630
2/25/2009
3/25/2009
5,496,670
3/25/2009
4/25/2009
5,328,960
4/25/2009
5/25/2009
5,166,320
5/25/2009
6/25/2009
5,008,610
6/25/2009
7/25/2009
4,855,680
7/25/2009
8/25/2009
4,707,380
8/25/2009
9/25/2009
4,563,580
9/25/2009
10/25/2009
4,424,130
10/25/2009
11/25/2009
4,288,910
11/25/2009
12/25/2009
4,157,800
 

Reference Number: FXNCC9225
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
12/25/2009
Termination Date
4,030,660
 


BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
 
c/o Deutsche Bank National Trust Company as Trustee 
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9226

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218 FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.23000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
14,759,175
3/25/2007
4/25/2007
14,613,870
4/25/2007
5/25/2007
14,435,970
5/25/2007
6/25/2007
14,225,745
6/25/2007
7/25/2007
13,983,645
7/25/2007
8/25/2007
13,710,390
8/25/2007
9/25/2007
13,406,865
9/25/2007
10/25/2007
13,074,195
10/25/2007
11/25/2007
12,713,730
11/25/2007
12/25/2007
12,327,015
12/25/2007
1/25/2008
11,951,985
1/25/2008
2/25/2008
11,588,295
2/25/2008
3/25/2008
11,235,585
3/25/2008
4/25/2008
10,893,540
4/25/2008
5/25/2008
10,561,830
5/25/2008
6/25/2008
10,240,155
6/25/2008
7/25/2008
9,928,215
7/25/2008
8/25/2008
9,625,695
8/25/2008
9/25/2008
9,332,325
9/25/2008
10/25/2008
9,047,850
10/25/2008
11/25/2008
8,771,970
11/25/2008
12/25/2008
8,504,445
12/25/2008
1/25/2009
8,245,005
1/25/2009
2/25/2009
7,993,440
2/25/2009
3/25/2009
7,749,480
3/25/2009
4/25/2009
7,512,915
4/25/2009
5/25/2009
7,283,520
5/25/2009
6/25/2009
7,061,070
6/25/2009
7/25/2009
6,845,370
7/25/2009
8/25/2009
6,636,195
8/25/2009
9/25/2009
6,433,365
9/25/2009
10/25/2009
6,236,700
10/25/2009
11/25/2009
6,045,990
 

 
Reference Number: FXNCC9226
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
5,861,055
12/25/2009
1/25/2010
5,681,745
1/25/2010
2/25/2010
5,507,880
2/25/2010
3/25/2010
5,339,280
3/25/2010
4/25/2010
5,175,810
4/25/2010
5/25/2010
5,017,290
5/25/2010
6/25/2010
4,863,600
6/25/2010
7/25/2010
4,714,575
7/25/2010
8/25/2010
4,570,065
8/25/2010
9/25/2010
4,429,965
9/25/2010
10/25/2010
4,294,110
10/25/2010
11/25/2010
4,162,395
11/25/2010
12/25/2010
4,034,670
12/25/2010
1/25/2011
3,910,845
1/25/2011
2/25/2011
3,790,785
2/25/2011
3/25/2011
3,674,370
3/25/2011
4/25/2011
3,561,510
4/25/2011
5/25/2011
3,452,085
5/25/2011
6/25/2011
3,345,990
6/25/2011
7/25/2011
3,243,120
7/25/2011
8/25/2011
3,143,385
8/25/2011
9/25/2011
3,046,695
9/25/2011
10/25/2011
2,952,945
10/25/2011
Termination Date
2,862,060
 


BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9227

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
January 25, 2012, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.98000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Party A Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.


By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:

am


Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
19,936,000
3/25/2007
4/25/2007
19,829,120
4/25/2007
5/25/2007
19,678,900
5/25/2007
6/25/2007
19,485,160
6/25/2007
7/25/2007
19,247,960
7/25/2007
8/25/2007
18,967,660
8/25/2007
9/25/2007
18,644,860
9/25/2007
10/25/2007
18,280,520
10/25/2007
11/25/2007
17,875,820
11/25/2007
12/25/2007
17,432,260
12/25/2007
1/25/2008
16,951,640
1/25/2008
2/25/2008
16,436,020
2/25/2008
3/25/2008
15,935,980
3/25/2008
4/25/2008
15,451,060
4/25/2008
5/25/2008
14,980,780
5/25/2008
6/25/2008
14,524,720
6/25/2008
7/25/2008
14,082,440
7/25/2008
8/25/2008
13,653,540
8/25/2008
9/25/2008
13,237,620
9/25/2008
10/25/2008
12,834,260
10/25/2008
11/25/2008
12,443,100
11/25/2008
12/25/2008
12,063,800
12/25/2008
1/25/2009
11,695,960
1/25/2009
2/25/2009
11,339,260
2/25/2009
3/25/2009
10,993,340
3/25/2009
4/25/2009
10,657,920
4/25/2009
5/25/2009
10,332,640
5/25/2009
6/25/2009
10,017,220
6/25/2009
7/25/2009
9,711,360
7/25/2009
8/25/2009
9,414,760
8/25/2009
9/25/2009
9,127,160
9/25/2009
10/25/2009
8,848,260
10/25/2009
11/25/2009
8,577,820
 

 
Reference Number: FXNCC9227
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
8,315,600
12/25/2009
1/25/2010
8,061,320
1/25/2010
2/25/2010
7,814,740
2/25/2010
3/25/2010
7,575,660
3/25/2010
4/25/2010
7,343,840
4/25/2010
5/25/2010
7,119,040
5/25/2010
6/25/2010
6,901,080
6/25/2010
7/25/2010
6,689,720
7/25/2010
8/25/2010
6,484,800
8/25/2010
9/25/2010
6,286,100
9/25/2010
10/25/2010
6,093,420
10/25/2010
11/25/2010
5,906,620
11/25/2010
12/25/2010
5,725,480
12/25/2010
1/25/2011
5,549,860
1/25/2011
2/25/2011
5,379,560
2/25/2011
3/25/2011
5,214,460
3/25/2011
4/25/2011
5,054,380
4/25/2011
5/25/2011
4,899,160
5/25/2011
6/25/2011
4,748,680
6/25/2011
7/25/2011
4,602,780
7/25/2011
8/25/2011
4,461,320
8/25/2011
9/25/2011
4,324,160
9/25/2011
10/25/2011
4,191,180
10/25/2011
11/25/2011
4,062,260
11/25/2011
12/25/2011
3,937,260
12/25/2011
Termination Date
3,816,080
 



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9228

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9229, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.18600%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.


By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
24,598,625
3/25/2007
4/25/2007
24,356,450
4/25/2007
5/25/2007
24,059,950
5/25/2007
6/25/2007
23,709,575
6/25/2007
7/25/2007
23,306,075
7/25/2007
8/25/2007
22,850,650
8/25/2007
9/25/2007
22,344,775
9/25/2007
10/25/2007
21,790,325
10/25/2007
11/25/2007
21,189,550
11/25/2007
12/25/2007
20,545,025
12/25/2007
1/25/2008
19,919,975
1/25/2008
2/25/2008
19,313,825
2/25/2008
3/25/2008
18,725,975
3/25/2008
4/25/2008
18,155,900
4/25/2008
5/25/2008
17,603,050
5/25/2008
6/25/2008
17,066,925
6/25/2008
7/25/2008
16,547,025
7/25/2008
8/25/2008
16,042,825
8/25/2008
9/25/2008
15,553,875
9/25/2008
10/25/2008
15,079,750
10/25/2008
11/25/2008
14,619,950
11/25/2008
12/25/2008
14,174,075
12/25/2008
1/25/2009
13,741,675
1/25/2009
2/25/2009
13,322,400
2/25/2009
3/25/2009
12,915,800
3/25/2009
4/25/2009
12,521,525
4/25/2009
5/25/2009
12,139,200
5/25/2009
6/25/2009
11,768,450
6/25/2009
7/25/2009
11,408,950
7/25/2009
8/25/2009
11,060,325
8/25/2009
9/25/2009
10,722,275
9/25/2009
10/25/2009
10,394,500
10/25/2009
11/25/2009
10,076,650
 

 
Reference Number: FXNCC9228
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
9,768,425
12/25/2009
1/25/2010
9,469,575
1/25/2010
2/25/2010
9,179,800
2/25/2010
3/25/2010
8,898,800
3/25/2010
4/25/2010
8,626,350
4/25/2010
5/25/2010
8,362,150
5/25/2010
6/25/2010
8,106,000
6/25/2010
7/25/2010
7,857,625
7/25/2010
8/25/2010
7,616,775
8/25/2010
9/25/2010
7,383,275
9/25/2010
10/25/2010
7,156,850
10/25/2010
11/25/2010
6,937,325
11/25/2010
12/25/2010
6,724,450
12/25/2010
1/25/2011
6,518,075
1/25/2011
2/25/2011
6,317,975
2/25/2011
3/25/2011
6,123,950
3/25/2011
4/25/2011
5,935,850
4/25/2011
5/25/2011
5,753,475
5/25/2011
6/25/2011
5,576,650
6/25/2011
7/25/2011
5,405,200
7/25/2011
8/25/2011
5,238,975
8/25/2011
9/25/2011
5,077,825
9/25/2011
10/25/2011
4,921,575
10/25/2011
Termination Date
4,770,100



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009
 
DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9229

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Counterparty”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Counterparty (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
December 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9238 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.91000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Counterparty:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Counterparty acknowledges that Party A has advised Counterparty to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Counterparty has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1
 

By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
9,914,560
3/25/2007
4/25/2007
9,839,450
4/25/2007
5/25/2007
9,742,580
5/25/2007
6/25/2007
9,623,980
6/25/2007
7/25/2007
9,483,830
7/25/2007
8/25/2007
9,322,430
8/25/2007
9/25/2007
9,140,260
9/25/2007
10/25/2007
8,937,910
10/25/2007
11/25/2007
8,716,130
11/25/2007
12/25/2007
8,475,820
12/25/2007
1/25/2008
8,218,010
1/25/2008
2/25/2008
7,967,990
2/25/2008
3/25/2008
7,725,530
3/25/2008
4/25/2008
7,490,390
4/25/2008
5/25/2008
7,262,360
5/25/2008
6/25/2008
7,041,220
6/25/2008
7/25/2008
6,826,770
7/25/2008
8/25/2008
6,618,810
8/25/2008
9/25/2008
6,417,130
9/25/2008
10/25/2008
6,221,550
10/25/2008
11/25/2008
6,031,900
11/25/2008
12/25/2008
5,847,980
12/25/2008
1/25/2009
5,669,630
1/25/2009
2/25/2009
5,496,670
2/25/2009
3/25/2009
5,328,960
3/25/2009
4/25/2009
5,166,320
4/25/2009
5/25/2009
5,008,610
5/25/2009
6/25/2009
4,855,680
6/25/2009
7/25/2009
4,707,380
7/25/2009
8/25/2009
4,563,580
8/25/2009
9/25/2009
4,424,130
9/25/2009
10/25/2009
4,288,910
10/25/2009
11/25/2009
4,157,800
 

 
Reference Number: FXNCC9229
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
4,030,660
12/25/2009
1/25/2010
3,907,370
1/25/2010
2/25/2010
3,787,830
2/25/2010
3/25/2010
3,671,920
3/25/2010
4/25/2010
3,559,520
4/25/2010
5/25/2010
3,450,540
5/25/2010
6/25/2010
3,344,860
6/25/2010
7/25/2010
3,242,400
7/25/2010
8/25/2010
3,143,050
8/25/2010
9/25/2010
3,046,710
9/25/2010
10/25/2010
2,953,310
10/25/2010
11/25/2010
2,862,740
11/25/2010
12/25/2010
2,774,930
12/25/2010
1/25/2011
2,689,780
1/25/2011
2/25/2011
2,607,230
2/25/2011
3/25/2011
2,527,190
3/25/2011
4/25/2011
2,449,580
4/25/2011
5/25/2011
2,374,340
5/25/2011
6/25/2011
2,301,390
6/25/2011
7/25/2011
2,230,660
7/25/2011
8/25/2011
2,162,080
8/25/2011
9/25/2011
2,095,590
9/25/2011
10/25/2011
2,031,130
10/25/2011
11/25/2011
1,968,630
11/25/2011
Termination Date
1,908,040
 



BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9238

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Counterparty”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Counterparty (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
January 25, 2012, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229 and FXNCC9239 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
4.97000%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Counterparty:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7
 
Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Counterparty acknowledges that Party A has advised Counterparty to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Counterparty has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.
 

By:  _______________________________
Name:
Title:

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1

 
By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
19,936,000
3/25/2007
4/25/2007
19,829,120
4/25/2007
5/25/2007
19,678,900
5/25/2007
6/25/2007
19,485,160
6/25/2007
7/25/2007
19,247,960
7/25/2007
8/25/2007
18,967,660
8/25/2007
9/25/2007
18,644,860
9/25/2007
10/25/2007
18,280,520
10/25/2007
11/25/2007
17,875,820
11/25/2007
12/25/2007
17,432,260
12/25/2007
1/25/2008
16,951,640
1/25/2008
2/25/2008
16,436,020
2/25/2008
3/25/2008
15,935,980
3/25/2008
4/25/2008
15,451,060
4/25/2008
5/25/2008
14,980,780
5/25/2008
6/25/2008
14,524,720
6/25/2008
7/25/2008
14,082,440
7/25/2008
8/25/2008
13,653,540
8/25/2008
9/25/2008
13,237,620
9/25/2008
10/25/2008
12,834,260
10/25/2008
11/25/2008
12,443,100
11/25/2008
12/25/2008
12,063,800
12/25/2008
1/25/2009
11,695,960
1/25/2009
2/25/2009
11,339,260
2/25/2009
3/25/2009
10,993,340
3/25/2009
4/25/2009
10,657,920
4/25/2009
5/25/2009
10,332,640
5/25/2009
6/25/2009
10,017,220
6/25/2009
7/25/2009
9,711,360
7/25/2009
8/25/2009
9,414,760
8/25/2009
9/25/2009
9,127,160
9/25/2009
10/25/2009
8,848,260
10/25/2009
11/25/2009
8,577,820
 

 
Reference Number: FXNCC9238
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
11/25/2009
12/25/2009
8,315,600
12/25/2009
1/25/2010
8,061,320
1/25/2010
2/25/2010
7,814,740
2/25/2010
3/25/2010
7,575,660
3/25/2010
4/25/2010
7,343,840
4/25/2010
5/25/2010
7,119,040
5/25/2010
6/25/2010
6,901,080
6/25/2010
7/25/2010
6,689,720
7/25/2010
8/25/2010
6,484,800
8/25/2010
9/25/2010
6,286,100
9/25/2010
10/25/2010
6,093,420
10/25/2010
11/25/2010
5,906,620
11/25/2010
12/25/2010
5,725,480
12/25/2010
1/25/2011
5,549,860
1/25/2011
2/25/2011
5,379,560
2/25/2011
3/25/2011
5,214,460
3/25/2011
4/25/2011
5,054,380
4/25/2011
5/25/2011
4,899,160
5/25/2011
6/25/2011
4,748,680
6/25/2011
7/25/2011
4,602,780
7/25/2011
8/25/2011
4,461,320
8/25/2011
9/25/2011
4,324,160
9/25/2011
10/25/2011
4,191,180
10/25/2011
11/25/2011
4,062,260
11/25/2011
12/25/2011
3,937,260
12/25/2011
Termination Date
3,816,080


 


BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNCC9239

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Bear Stearns”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Bear Stearns and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.



Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
     
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
November 25, 2009, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. The Fixed Amounts for this Transaction and for the Transactions with the Party A Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229 and FXNCC9238 is embedded in the determination of the Additional Amount specified in the Confirmation identified by Party A Reference Number FXNSC9240.
     
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Cap Rate:
5.15900%
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt
 

Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1
 

By:  _______________________________
Name:
Title:


am


Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Effective Date
3/25/2007
24,598,625
3/25/2007
4/25/2007
24,356,450
4/25/2007
5/25/2007
24,059,950
5/25/2007
6/25/2007
23,709,575
6/25/2007
7/25/2007
23,306,075
7/25/2007
8/25/2007
22,850,650
8/25/2007
9/25/2007
22,344,775
9/25/2007
10/25/2007
21,790,325
10/25/2007
11/25/2007
21,189,550
11/25/2007
12/25/2007
20,545,025
12/25/2007
1/25/2008
19,919,975
1/25/2008
2/25/2008
19,313,825
2/25/2008
3/25/2008
18,725,975
3/25/2008
4/25/2008
18,155,900
4/25/2008
5/25/2008
17,603,050
5/25/2008
6/25/2008
17,066,925
6/25/2008
7/25/2008
16,547,025
7/25/2008
8/25/2008
16,042,825
8/25/2008
9/25/2008
15,553,875
9/25/2008
10/25/2008
15,079,750
10/25/2008
11/25/2008
14,619,950
11/25/2008
12/25/2008
14,174,075
12/25/2008
1/25/2009
13,741,675
1/25/2009
2/25/2009
13,322,400
2/25/2009
3/25/2009
12,915,800
3/25/2009
4/25/2009
12,521,525
4/25/2009
5/25/2009
12,139,200
5/25/2009
6/25/2009
11,768,450
6/25/2009
7/25/2009
11,408,950
7/25/2009
8/25/2009
11,060,325
8/25/2009
9/25/2009
10,722,275
9/25/2009
10/25/2009
10,394,500
10/25/2009
Termination Date
10,076,650
 

Reference Number: FXNCC9239
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
 
 
 
 

 


BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009



DATE:
February 22, 2007
 
 
TO:
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1

ATTENTION:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee  
TELEPHONE:
714-247-6000
FACSIMILE:
714-247-6285

FROM:
Derivatives Documentation
TELEPHONE:
212-272-2711
FACSIMILE: 
212-272-9857

SUBJECT:
Fixed Income Derivatives Confirmation

REFERENCE NUMBER(S):
FXNSC9240

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. (“Party A”) and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1. (“Party B”). This letter agreement constitutes the sole and complete “Confirmation,” as referred to in the Master Agreement specified below, with respect to this Transaction.

1.   
This Confirmation is subject to and incorporates the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of February 22, 2007 between Party A and Party B (the agreement, as amended and supplemented from time to time, being referred to herein as the “Master Agreement”). All provisions contained in, or incorporated by reference to, the Master Agreement shall govern the Transaction referenced in this Confirmation except as expressly modified herein. In the event of any inconsistency between this Confirmation and the Definitions or Master Agreement, this Confirmation shall prevail.





Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 2 of 7

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
 
     
 
Type of Transaction:
Interest Rate Swap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.
     
 
Trade Date:
February 16, 2007
     
 
Effective Date:
February 26, 2007
     
 
Termination Date:
December 25, 2011, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount:
 
     
 
Fixed Rate Payer:
Party B
     
 
Fixed Rate Payer
 
 
Payment Date:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Rate:
With respect to any Calculation Period, the Fixed Rate set forth for such period on Schedule I attached hereto
     
 
Fixed Rate Day
 
 
Count Fraction:
30/360
 
   
 
Floating Amounts:
 
     
 
Floating Rate Payer:
Party A
     
 
Floating Rate Payer
 
 
Payment Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
     
 
Floating Rate Option:
USD-LIBOR-BBA
     
 

 
Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 3 of 7
 
 
Designated Maturity:
One month
     
 
Floating Rate Day
 
 
Count Fraction:
Actual/360
     
 
Reset Dates:
The first day of each Calculation Period
     
 
Compounding:
Inapplicable
     
 
Business Days:
New York
     
 
Business Day Convention:
Following
     
 
Additional Amount:
In connection with entering into this Transaction, USD 80,000 is payable by Party B to Party A on February 22, 2007. The Fixed Amounts for the Transactions identified by the Party A Reference Number FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238 and FXNCC9239 are embedded in the determination of the Additional Amount.
     
 
Calculation Agent:
Party A

NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS TRANSACTION.

3.
Account Details and
 
 
Settlement Information:
Payments to Party A:
   
Citibank, N.A., New York
   
ABA Number: 021-0000-89, for the account of
   
Bear, Stearns Securities Corp.
   
Account Number: 0925-3186, for further credit to
   
Bear Stearns Financial Products Inc.
   
Sub-account Number: 102-04654-1-3
   
Attention: Derivatives Department
     
   
Payments to Party B:
   
Deutsche Bank Trust Company - Americas
   
ABA  Number: 021001033     
   
Account Number: 014-19-663
   
Account Name: NYLTD Funds Control - Stars West
   
Ref:  ISAC 2007-1 Derivative Acct - SWAP/Cap pmt


Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 4 of 7

Additional Provisions:
Non-Reliance. Each party represents to the other party that (a) it has not received and is not relying upon any legal, tax, regulatory, accounting or other advice (whether written or oral) of the other party regarding this Transaction, other than representations expressly made by that other party in this Confirmation and in the Master Agreement and (b) in respect of this Transaction, (i) it has the capacity to evaluate (internally or through independent professional advice) this Transaction and has made its own decision to enter into this Transaction and (ii) it understands the terms, conditions and risks of this Transaction and is willing to assume (financially and otherwise) those risks. Party B acknowledges that Party A has advised Party B to consult its own tax, accounting and legal advisors in connection with this Transaction evidenced by this Confirmation and that the Party B has done so.

This Confirmation may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Party B hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Party A a facsimile of the fully-executed Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6233. Originals will be provided for your execution upon your request.



Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 5 of 7
 
We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Very truly yours,

BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:

Party B, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1


By:  _______________________________
Name:
Title:


am


Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 6 of 7
 
SCHEDULE I
(All such dates adjustment in accordance with the Business Day Convention)

From and including
To but excluding
Notional Amount
(USD)
Fixed Rate
(%)
Effective Date
3/25/2007
690,640,149
5.03290
3/25/2007
4/25/2007
686,323,999
5.03319
4/25/2007
5/25/2007
680,503,497
5.03348
5/25/2007
6/25/2007
673,175,440
5.03379
6/25/2007
7/25/2007
664,346,530
5.03410
7/25/2007
8/25/2007
654,032,299
5.03442
8/25/2007
9/25/2007
642,259,464
5.03476
9/25/2007
10/25/2007
629,063,121
5.03510
10/25/2007
11/25/2007
614,489,765
5.03546
11/25/2007
12/25/2007
598,595,285
5.03583
12/25/2007
1/25/2008
581,614,247
5.03622
1/25/2008
2/25/2008
564,516,026
5.03642
2/25/2008
3/25/2008
547,340,337
5.03642
3/25/2008
4/25/2008
530,683,441
5.03642
4/25/2008
5/25/2008
514,530,146
5.03642
5/25/2008
6/25/2008
498,864,862
5.03642
6/25/2008
7/25/2008
483,673,406
5.03642
7/25/2008
8/25/2008
468,941,334
5.03642
8/25/2008
9/25/2008
454,654,516
5.03642
9/25/2008
10/25/2008
440,799,989
5.03642
10/25/2008
11/25/2008
427,364,774
5.03642
11/25/2008
12/25/2008
414,335,766
5.03643
12/25/2008
1/25/2009
396,031,757
5.03711
1/25/2009
2/25/2009
383,952,321
5.03711
2/25/2009
3/25/2009
360,899,810
5.03010
3/25/2009
4/25/2009
349,886,650
5.03010
4/25/2009
5/25/2009
339,207,465
5.03011
5/25/2009
6/25/2009
328,851,630
5.03011
6/25/2009
7/25/2009
318,809,530
5.03011
7/25/2009
8/25/2009
309,071,920
5.03011
8/25/2009
9/25/2009
299,629,055
5.03011
9/25/2009
10/25/2009
290,472,705
5.03011
10/25/2009
11/25/2009
281,594,090
5.03011
11/25/2009
12/25/2009
269,077,130
5.02952
12/25/2009
1/25/2010
260,848,245
5.02952
 

 
Reference Number: FXNSC9240
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1
February 22, 2007
Page 7 of 7
 
1/25/2010
2/25/2010
248,961,835
5.02818
2/25/2010
3/25/2010
155,382,200
4.92206
3/25/2010
4/25/2010
150,625,720
4.92206
4/25/2010
5/25/2010
146,013,870
4.92206
5/25/2010
6/25/2010
141,541,790
4.92206
6/25/2010
7/25/2010
137,205,900
4.92206
7/25/2010
8/25/2010
133,001,585
4.92206
8/25/2010
9/25/2010
128,924,775
4.92206
9/25/2010
10/25/2010
124,972,255
4.92206
10/25/2010
11/25/2010
121,139,590
4.92206
11/25/2010
12/25/2010
117,423,625
4.92206
12/25/2010
1/25/2011
113,820,350
4.92206
1/25/2011
2/25/2011
110,327,035
4.92206
2/25/2011
3/25/2011
106,939,915
4.92206
3/25/2011
4/25/2011
103,655,710
4.92206
4/25/2011
5/25/2011
100,471,750
4.92206
5/25/2011
6/25/2011
97,384,695
4.92206
6/25/2011
7/25/2011
94,391,570
4.92206
7/25/2011
8/25/2011
91,489,460
4.92206
8/25/2011
9/25/2011
88,675,815
4.92206
9/25/2011
10/25/2011
85,948,025
4.92206
10/25/2011
11/25/2011
83,303,235
4.92206
11/25/2011
Termination Date
69,643,460
4.89955


 

ANNEX A


ISDA®
CREDIT SUPPORT ANNEX
to the Schedule to the
ISDA Master Agreement
dated as of February 22, 2007 between
Bear Stearns Financial Products Inc. (hereinafter referred to as “Party A” or “Pledgor”)
And
Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1.
 
For the avoidance of doubt, and notwithstanding anything to the contrary that may be contained in the Agreement, this Credit Support Annex shall relate solely to the Transactions documented in the Confirmations dated February 22, 2007, between Party A and Party B, Reference Numbers FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.
 

 
Paragraph 13. Elections and Variables.
 
(a)
Security Interest for “Obligations”. The term “Obligations as used in this Annex includes the following additional obligations:
 
With respect to Party A: not applicable.
 
With respect to Party B: not applicable.
 
(b)
Credit Support Obligations.
 
 
(i)
Delivery Amount, Return Amount and Credit Support Amount.
 
 
(A)
“Delivery Amount has the meaning specified in Paragraph 3(a) as amended (I) by deleting the words “upon a demand made by the Secured Party on or promptly following a Valuation Date” and inserting in lieu thereof the words “not later than the close of business on each Valuation Date” and (II) by deleting in its entirety the sentence beginning “Unless otherwise specified in Paragraph 13” and ending “(ii) the Value as of that Valuation Date of all Posted Credit Support held by the Secured Party.” and inserting in lieu thereof the following:
 
The “Delivery Amount applicable to the Pledgor for any Valuation Date will equal the greatest of
 

Copyright © 1994 by International Swaps and Derivatives Association, Inc.
 

 
 
(1)
the amount by which (a) the S&P Credit Support Amount for such Valuation Date exceeds (b) the S&P Value as of such Valuation Date of all Posted Credit Support held by the Secured Party,
 
 
(2)
the amount by which (a) the Moody’s First Trigger Credit Support Amount for such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such Valuation Date of all Posted Credit Support held by the Secured Party, and
 
 
(3)
the amount by which (a) the Moody’s Second Trigger Credit Support Amount for such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of such Valuation Date of all Posted Credit Support held by the Secured Party.
 
 
(B)
“Return Amount” has the meaning specified in Paragraph 3(b) as amended by deleting in its entirety the sentence beginning “Unless otherwise specified in Paragraph 13” and ending “(ii) the Credit Support Amount.” and inserting in lieu thereof the following:
 
The “Return Amount” applicable to the Secured Party for any Valuation Date will equal the least of
 
 
(1)
the amount by which (a) the S&P Value as of such Valuation Date of all Posted Credit Support held by the Secured Party exceeds (b) the S&P Credit Support Amount for such Valuation Date,
 
 
(2)
the amount by which (a) the Moody’s First Trigger Value as of such Valuation Date of all Posted Credit Support held by the Secured Party exceeds (b) the Moody’s First Trigger Credit Support Amount for such Valuation Date, and
 
 
(3)
the amount by which (a) the Moody’s Second Trigger Value as of such Valuation Date of all Posted Credit Support held by the Secured Party exceeds (b) the Moody’s Second Trigger Credit Support Amount for such Valuation Date.
 
 
(C)
“Credit Support Amount” shall not apply. For purposes of calculating any Delivery Amount or Return Amount for any Valuation Date, reference shall be made to the S&P Credit Support Amount, the Moody’s First Trigger Credit Support Amount, or the Moody’s Second Trigger Credit Support Amount, in each case for such Valuation Date, as provided in Paragraphs 13(b)(i)(A) and 13(b)(i)(B), above.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 2 of 15

 
 
(ii)
Eligible Collateral.
 
The items set forth on the schedule of Eligible Collateral attached as Schedule A hereto will qualify as “Eligible Collateral” (for the avoidance of doubt, all Eligible Collateral described in (D) and (E) of column one of the Collateral Schedule to be denominated in USD).
 
 
(iii)
Other Eligible Support. 
 
The following items will qualify as “Other Eligible Support” for the party specified:
 
Not applicable.
 
 
(iv)
Threshold.
 
 
(A)
“Independent Amount” means zero with respect to Party A and Party B.
 
 
(B)
“Threshold” means, with respect to Party A and any Valuation Date, zero if (i) a Collateral Event has occurred and has been continuing (x) for at least 30 days or (y) since this Annex was executed or (ii) a Required Ratings Downgrade Event has occurred and is continuing; otherwise, infinity.
 
  “Threshold” means, with respect to Party B and any Valuation Date, infinity.
 
 
(C)
“Minimum Transfer Amount” means USD 100,000 with respect to Party A and Party B; provided, however, that if the aggregate Certificate Principal Balance of the Certificates and the aggregate principal balance of the Notes rated by S&P is at the time of any transfer less than USD 50,000,000, the “Minimum Transfer Amount” shall be USD 50,000.
 
 
(D)
Rounding: The Delivery Amount will be rounded up to the nearest integral multiple of USD 10,000. The Return Amount will be rounded down to the nearest integral multiple of USD 10,000.
 
(c)
Valuation and Timing.
 
 
(i)
“Valuation Agent” means Party A.
 
 
(ii)
“Valuation Date” means each Local Business Day on which any of the S&P Credit Support Amount, the Moody’s First Trigger Credit Support Amount or the Moody’s Second Trigger Credit Support Amount is greater than zero.
 
 
(iii)
“Valuation Time” means the close of business in the city of the Valuation Agent on the Local Business Day immediately preceding the Valuation Date or date of calculation, as applicable; provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date. The Valuation Agent will notify each party (or the other party, if the Valuation Agent is a party) of its calculations not later than the Notification Time on the applicable Valuation Date (or in the case of Paragraph 6(d), the Local Business Day following the day on which such relevant calculations are performed).”
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 3 of 15

 
 
(iv)
“Notification Time” means 11:00 a.m., New York time, on a Local Business Day.
 
 
(v)
External Calculations. At any time at which Party A (or, to the extent applicable, its Credit Support Provider) does not have a long-term unsubordinated and unsecured debt rating of at least “BBB+” from S&P, the Valuation Agent shall (at its own expense) obtain external calculations of Party B’s Exposure from at least two Reference Market-makers on the last Local Business Day of each calendar month. Any determination of the S&P Credit Support Amount shall be based on the greatest of Party B’s Exposure determined by the Valuation Agent and such Reference Market-makers. Such external calculation may not be obtained from the same Reference Market-maker more than four times in any 12-month period.
 
 
(vi)
Notice to S&P. At any time at which Party A (or, to the extent applicable, its Credit Support Provider) does not have a long-term unsubordinated and unsecured debt rating of at least “BBB+” from S&P, the Valuation Agent shall provide to S&P not later than the Notification Time on the Local Business Day following each Valuation Date its calculations of Party B’s Exposure and the S&P Value of any Eligible Credit Support or Posted Credit Support for that Valuation Date. The Valuation Agent shall also provide to S&P any external marks of Party B’s Exposure.
 
(d)
Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A and Party B: None.
 
(e)
Substitution.
 
 
(i)
Substitution Date” has the meaning specified in Paragraph 4(d)(ii).
 
 
(ii)
Consent. If specified here as applicable, then the Pledgor must obtain the Secured Party’s consent for any substitution pursuant to Paragraph 4(d): Inapplicable.
 
(f)
Dispute Resolution.
 
 
(i)
Resolution Time” means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.
 
 
(ii)
Value. Notwithstanding anything to the contrary in Paragraph 12, for the purpose of Paragraphs 5(i)(C) and 5(ii), the S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value, on any date, of Eligible Collateral other than Cash will be calculated as follows:
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 4 of 15

 
For Eligible Collateral in the form of securities listed in Paragraph 13(b)(ii): the product of (1)(x) the bid-side quotation at the Valuation Time for such securities on the principal national securities exchange on which such securities are listed, or (y) if such securities are not listed on a national securities exchange, the arithmetic mean of the bid-side quotations for such securities quoted at the Valuation Time by any three principal market makers for such securities selected by the Valuation Agent, provided that if only two bid-side quotations are obtained, then the arithmetic mean of such two bid-side quotations will be used, and if only one bid-side quotation is obtained, such quotation shall be used, or (z) if no such bid price is listed or quoted for such date, the bid price listed or quoted (as the case may be) at the Valuation Time for the day next preceding such date on which such prices were available and (2) the applicable Valuation Percentage for such Eligible Collateral.
 
 
(iii)
Alternative. The provisions of Paragraph 5 will apply.
 
(g)
Holding and Using Posted Collateral.
 
 
(i)
Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), provided that the following conditions applicable to it are satisfied:
 
 
(1)
it is not a Defaulting Party.
 
 
(2)
Posted Collateral consisting of Cash or certificated securities that cannot be paid or delivered by book-entry may be held only in any state of the United States which has adopted the Uniform Commercial Code.
 
 
(3)
in the case of any Custodian for Party B, such Custodian (or, to the extent applicable, its parent company or credit support provider) shall then have a short-term unsecured and unsubordinated debt rating from S&P of at least “A-1”.
 
Initially, the Custodian for Party B is: Supplemental Interest Trust Trustee
 
 
(ii)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Party B, and Party B shall not have any right to use Posted Collateral or take any action specified in such Paragraph 6(c).
 
(h)
Distributions and Interest Amount.
 
 
(i)
Interest Rate. The “Interest Rate” will be the actual interest rate earned on Posted Collateral in the form of Cash that is held by Party B or its Custodian. Posted Collateral in the form of Cash shall be invested in such overnight (or redeemable within two Local Business Days of demand) Permitted Investments rated at least (x) AAAm or AAAm-G by S&P and (y) Prime-1 by Moody’s or Aaa by Moody’s, as directed by Party A. Gains and losses incurred in respect of any investment of Posted Collateral in the form of Cash in Permitted Investments as directed by Party A shall be for the account of Party A.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 5 of 15

 
 
(ii)
Amendment of Paragraph 6(d)(i) - Distributions. Clause (d)(i) of Paragraph 6 shall be amended and restated to read in its entirety as follows:
 
“(i) Distributions. If Party B receives Distributions on a Local Business Day, it will Transfer to Party A not later than the following Local Business Day any Distributions it receives, and such Distributions will constitute Posted Collateral and will be subject to the security interest granted under Paragraph 2. For the avoidance of doubt, any Distributions will not be Transferred to Party A pursuant to Paragraph 6.”
 
 
(iii)
Amendment of Paragraph 6(d)(ii) - Interest Amount. Clause (d)(ii) of Paragraph 6 shall be amended and restated to read in its entirety as follows:
 
“(ii) Interest Amount. In lieu of any interest, dividends or other amounts paid with respect to Posted Collateral in the form of Cash (all of which may be retained by the Secured Party), the Secured Party will Transfer to the Pledgor on the 20th day of each calendar month (or if such day is not a Local Business Day, the next Local Business Day) the Interest Amount. Any Interest Amount or portion thereof not Transferred pursuant to this Paragraph will constitute Posted Collateral in the form of Cash and will be subject to the security interest granted under Paragraph 2. For purposes of calculating the Interest Amount the amount of interest calculated for each day of the interest period shall be compounded monthly.” Secured Party shall not be obligated to transfer any Interest Amount unless and until it has received such amount.
 

 
(i)
Additional Representation(s). There are no additional representations by either party.
 
(j)
Other Eligible Support and Other Posted Support.
 
 
(i)
Value” with respect to Other Eligible Support and Other Posted Support means: not applicable.
 
 
(ii)
Transfer” with respect to Other Eligible Support and Other Posted Support means: not applicable.
 
(k)
Demands and Notices.All demands, specifications and notices under this Annex will be made pursuant to the Notices Section of this Agreement, except that any demand, specification or notice shall be given to or made at the following addresses, or at such other address as the relevant party may from time to time designate by giving notice (in accordance with the terms of this paragraph) to the other party:
 
If to Party A, at the address specified pursuant to the Notices Section of this Agreement.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 6 of 15

 
If to Party B, at the address specified pursuant to the Notices Section of this Agreement.
 
If to Party B’s Custodian: at the address designated in writing from time to time.
 
(l)
Address for Transfers. Each Transfer hereunder shall be made to the address specified below or to an address specified in writing from time to time by the party to which such Transfer will be made.
 
Party A account details for holding collateral:
 
Citibank, N.A., New York
ABA Number: 021-0000-89, for the account of Bear, Stearns Securities Corp.
Account Number: 0925-3186, for further credit to Bear Stearns Financial Products Inc.
Sub-account Number: 102-04654-1-3
Attention: Derivatives Department

Party B’s Custodian account details for holding collateral:
 
Deutsche Bank Trust Company - Americas
ABA Number: 021001033
Account Number: 014-19-663
Account Name: NYLTD Funds Control - Stars West
Ref: ISAC 2007-1 Posted Collateral Acct


(m)
Other Provisions.
 
 
(i)
Collateral Account. Party B shall open and maintain a segregated account, which shall be an Eligible Account, and hold, record and identify all Posted Collateral in such segregated account.
 
 
(ii)
Agreement as to Single Secured Party and Single Pledgor. Party A and Party B hereby agree that, notwithstanding anything to the contrary in this Annex, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.
 
 
(iii)
Calculation of Value. Paragraph 4(c) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, Moody’s Second Trigger Value”. Paragraph 4(d)(ii) is hereby amended by (A) deleting the words “a Value” and inserting in lieu thereof “an S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value” and (B) deleting the words “the Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”. Paragraph 5 (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value”. Paragraph 5(i) (flush language) is hereby amended by deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”. Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if” and inserting in lieu thereof “any one or more of the S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value, as may be”. Paragraph 5(ii) is hereby amended by (1) deleting the first instance of the words “the Value” and inserting in lieu thereof “any one or more of the S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value” and (2) deleting the second instance of the words “the Value” and inserting in lieu thereof “such disputed S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value”. Each of Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by deleting the word “Value” and inserting in lieu thereof “least of the S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 7 of 15

 
 
 
(iv)
Form of Annex. Party A and Party B hereby agree that the text of Paragraphs 1 through 12, inclusive, of this Annex is intended to be the printed form of ISDA Credit Support Annex (Bilateral Form - ISDA Agreements Subject to New York Law Only version) as published and copyrighted in 1994 by the International Swaps and Derivatives Association, Inc.
 
 
(v)
Events of Default. Clause (iii) of Paragraph 7 shall not apply to Party B.
 
 
(vi)
Expenses. Notwithstanding anything to the contrary in Paragraph 10, the Pledgor will be responsible for, and will reimburse the Secured Party for, all transfer and other taxes and other costs involved in any Transfer of Eligible Collateral.
 
 
(vii)
Withholding. Paragraph 6(d)(ii) is hereby amended by inserting immediately after “the Interest Amount” in the fourth line thereof the words “less any applicable withholding taxes.”
 
(ix) Additional Definitions. As used in this Annex:
 
“Collateral Event” means that no Relevant Entity has credit ratings at least equal to the Approved Ratings Threshold.
 
“DV01” means, with respect to a Transaction and any date of determination, the estimated change in the Secured Party’s Transaction Exposure with respect to such Transaction that would result from a one basis point change in the relevant swap curve on such date, as determined by the Valuation Agent in good faith and in a commercially reasonable manner. The Valuation Agent shall, upon request of Party B, provide to Party B a statement showing in reasonable detail such calculation.
 
“Exposure” has the meaning specified in Paragraph 12, except that after the word “Agreement” the words “(assuming, for this purpose only, that Part 1(f) of the Schedule is deleted)” shall be inserted.
 
Local Business Day” means, for purposes of this Annex: any day on which (A) commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in New York and the location of Party A, Party B and any Custodian, and (B) in relation to a Transfer of Eligible Collateral, any day on which the clearance system agreed between the parties for the delivery of Eligible Collateral is open for acceptance and execution of settlement instructions (or in the case of a Transfer of Cash or other Eligible Collateral for which delivery is contemplated by other means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign deposits) in New York and the location of Party A, Party B and any Custodian.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 8 of 15

 
“Moody’s First Trigger Credit Support Amount” means, for any Valuation Date, the excess, if any, of
 
 
(I)
(A)
for any Valuation Date on which (I) a Moody’s First Trigger Ratings Event has occurred and has been continuing (x) for at least 30 Local Business Days or (y) since this Annex was executed and (II) it is not the case that a Moody’s Second Trigger Ratings Event has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greater of (a) zero and (b) the sum of (i) the Secured Party’s Exposure for such Valuation Date and (ii) the sum, for each Transaction to which this Annex relates, of the lesser of (x) the product of the Moody’s First Trigger DV01 Multiplier and DV01 for such Transaction and such Valuation Date and (y) the product of (i) Moody’s First Trigger Notional Amount Multiplier, and (ii) the Notional Amount for such Transaction for the Calculation Period for such Transaction (each as defined in the related Confirmation) which includes such Valuation Date, or
 
 
(B)
for any other Valuation Date, zero, over
 
(II)   the Threshold for Party A such Valuation Date.
 
“Moody’s First Trigger DV01 Multiplier” means 15.
 
“Moody’s First Trigger Value” means, on any date and with respect to any Eligible Collateral other than Cash, the bid price obtained by the Valuation Agent multiplied by the Moody’s First Trigger Valuation Percentage for such Eligible Collateral set forth in Paragraph 13(b)(ii).
 
“Moody’s First Trigger Notional Amount Multiplier” means 2%.
 
“Moody’s Second Trigger Credit Support Amount” means, for any Valuation Date, the excess, if any, of
 
 
(I)
(A)
for any Valuation Date on which it is the case that a Moody’s Second Trigger Ratings Event has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the next payment due to be paid by Party A under each Transaction to which this Annex relates, and (c) the sum of (x) the Secured Party’s Exposure for such Valuation Date and (y) the sum, for each Transaction to which this Annex relates, of:
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 9 of 15

 
 
(1)
if such Transaction is not a Transaction-Specific Hedge, the lesser of (i) the product of the Moody’s Second Trigger DV01 Multiplier and DV01 for such Transaction and such Valuation Date and (ii) the product of (1) the Moody’s Second Trigger Notional Amount Multiplier, and (2) the Notional Amount for such Transaction for the Calculation Period for such Transaction (each as defined in the related Confirmation) which includes such Valuation Date; or
 
 
(2)
if such Transaction is a Transaction-Specific Hedge, the lesser of (i) the product of the Moody’s Second Trigger Transaction-Specific Hedge DV01 Multiplier and DV01 for such Transaction and such Valuation Date and (ii) the product of (1) the Moody’s Second Trigger Transaction-Specific Hedge Notional Amount Multiplier, and (2) the Notional Amount for such Transaction for the Calculation Period for such Transaction (each as defined in the related Confirmation) which includes such Valuation Date; or
 
 
(B)
for any other Valuation Date, zero, over
 
(II) the Threshold for Party A for such Valuation Date.
 
Moody’s Second Trigger DV01 Multiplier” means 50.
 
“Moody’s Second Trigger Notional Amount Multiplier” means 8%.
 
“Moody’s Second Trigger Transaction-Specific Hedge DV01 Multiplier” means 65.
 
“Moody’s Second Trigger Transaction-Specific Hedge Notional Amount Multiplier” means 10%.
 
“Moody’s Second Trigger Value” means, on any date and with respect to any Eligible Collateral other than Cash, the bid price obtained by the Valuation Agent multiplied by the Moody’s Second Trigger Valuation Percentage for such Eligible Collateral set forth in Paragraph 13(b)(ii).
 
“Remaining Weighted Average Maturity” means, with respect to a Transaction, the expected weighted average maturity for such Transaction as determined by the Valuation Agent. 
 
“S&P Credit Support Amount” means, for any Valuation Date, the excess, if any, of
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 10 of 15

 
 
(I)
(A)
for any Valuation Date on which (i) an S&P Approved Ratings Downgrade Event has occurred and been continuing for at least 30 days or (ii) a S&P Required Ratings Downgrade Event has occurred and is continuing, an amount equal to the sum of (1) 100.0% of the Secured Party’s Exposure for such Valuation Date and (2) the sum, for each Transaction to which this Annex relates, of the product of (i) the Volatility Buffer for such Transaction, and (ii) the Notional Amount of such Transaction for the Calculation Period of such Transaction (each as defined in the related Confirmation) which includes such Valuation Date, or
 
 
(B)
for any other Valuation Date, zero, over
 
(II) the Threshold for Party A for such Valuation Date.
 
“S&P Value” means, on any date and with respect to any Eligible Collateral other than Cash, the product of (A) the bid price obtained by the Valuation Agent for such Eligible Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral set forth in paragraph 13(b)(ii).
 
“Transaction Exposure” means, for any Transaction, Exposure determined as if such Transaction were the only Transaction between the Secured Party and the Pledgor.
 
“Transaction-Specific Hedge” means any Transaction that is (i) an interest rate swap in respect of which (x) the notional amount of the interest rate swap is “balance guaranteed” or (y) the notional amount of the interest rate swap for any Calculation Period (as defined in the related Confirmation) otherwise is not a specific dollar amount that is fixed at the inception of the Transaction, (ii) an interest rate cap, (iii) an interest rate floor or (iv) an interest rate swaption.
 
“Valuation Percentage” shall mean, for purposes of determining the S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger Value with respect to any Eligible Collateral or Posted Collateral, the applicable S&P Valuation Percentage, Moody’s First Trigger Valuation Percentage, or Moody’s Second Trigger Valuation Percentage for such Eligible Collateral or Posted Collateral, respectively, in each case as set forth in Paragraph 13(b)(ii).
 
“Value” shall mean, in respect of any date, the related S&P Value, the related Moody’s First Trigger Value, and the related Moody’s Second Trigger Value.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 11 of 15

 
“Volatility Buffer” means, for any Transaction, the related percentage set forth in the following table.
 
The higher of the S&P short-term credit rating of (i) Party A and (ii) the Credit Support Provider of Party A, if applicable
Remaining Weighted Average Maturity
up to 3 years
Remaining Weighted Average Maturity
up to 5 years
Remaining Weighted Average Maturity
up to 10 years
Remaining Weighted Average Maturity
up to 30 years
A-2” or higher
2.75%
3.25%
4.00%
4.75%
A-3”
3.25%
4.00%
5.00%
6.25%
BB+” or lower
3.50%
4.50%
6.75%
7.50%

 

 

 
[Remainder of this page intentionally left blank]
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 12 of 15

 
IN WITNESS WHEREOF, the parties have executed this Annex by their duly authorized representatives as of the date of the Agreement.
 
BEAR STEARNS FINANCIAL PRODUCTS INC.
DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1
   
   
   
By:  _____________________________
Name
Title:
Date:
By:  _____________________________
Name
Title:
Date:
 

REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 13 of 15

 
SCHEDULE A
 
ELIGIBLE COLLATERAL
 
 
ISDA Collateral Asset Definition(ICAD) Code
Remaining Maturity in Years
S&P
Valuation
Percentage
Moody’s
First Trigger ValuationPercentage
Moody’s
Second Trigger
Valuation
Percentage
(A) US-CASH
N/A
100%
100%
100%
(B) EU-CASH
N/A
92.5%
98%
94%
(C) GB-CASH
N/A
94.1%
98%
95%
(D) US-TBILL
US-TNOTE
US-TBOND
       
 
1 or less
98.9%
100%
100%
 
More than 1 but not more than 2
98.0%
100%
99%
 
More than 2 but not more than 3
97.4%
100%
98%
 
More than 3 but not more than 5
95.5%
100%
97%
 
More than 5 but not more than 7
93.7%
100%
96%
 
More than 7 but not more than 10
92.5%
100%
94%
 
More than 10 but not more than 20
91.1%
100%
90%
 
More than 20
88.6%
100%
88%
(E) US-GNMA
US-FNMA
US-FHLMC
       
 
1 or less
98.5%
100%
99%
 
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 14 of 15

 
 
 
More than 1 but not more than 2
97.7%
100%
99%
 
More than 2 but not more than 3
97.3%
100%
98%
 
More than 3 but not more than 5
94.5%
100%
96%
 
More than 5 but not more than 7
93.1%
100%
93%
 
More than 7 but not more than 10
90.7%
100%
93%
 
More than 10 but not more than 20
87.7%
100%
89%
 
More than 20
84.4%
100%
87%
(F) Fixed-Rate GA-EUROZONE-GOV
 
Rated AAA or better by S&P
Rated Aa3 or better by Moody's
Rated Aa3 or better by Moody's
 
1 or less
98.8%
98%
94%
 
More than 1 but not more than 2
97.9%
98%
93%
 
More than 2 but not more than 3
97.1%
98%
92%
 
More than 3 but not more than 5
91.2%
98%
90%
 
More than 5 but not more than 7
87.5%
98%
89%
 
More than 7 but not more than 10
83.8%
98%
88%
 
More than 10 but not more than 20
75.5%
98%
84%

 
The ISDA Collateral Asset Definition (ICAD) Codes used in this Schedule A are taken from the Collateral Asset Definitions (First Edition - June 2003) as published and copyrighted in 2003 by the International Swaps and Derivatives Association, Inc.
 
REFERENCE NUMBERS: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240
Page 15 of 15

 

(Multicurrency - Cross Border)
 
ISDA®
International Swap Dealers Association, Inc.
 
MASTER AGREEMENT
 
dated as of February 22, 2007
 
BEAR STEARNS FINANCIAL PRODUCTS INC.       and
DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1

 
have entered and/or anticipate entering into one of more transactions (each a "Transaction") that are or will be governed by this Master Agreement, which includes the schedule (the "Schedule"), and the documents and other confirming evidence (each a "Confirmation") exchanged between the parties confirming those Transactions.
 
Accordingly, the parties agree as follows: —
 
1.  Interpretation
 
(a)  Definitions. The terms defined in Section 14 and in the Schedule will have the meanings therein specified for the purpose of this Master Agreement.
 
(b)  Inconsistency. In the event of any inconsistency between the provisions of the Schedule and the other provisions of this Master Agreement, the Schedule will prevail. In the event of any inconsistency between the provisions of any Confirmation and this Master Agreement (including the Schedule), such Confirmation will prevail for the purpose of the relevant Transaction.
 
(c)  Single Agreement. All Transactions are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties (collectively referred to as this "Agreement"), and the parties would not otherwise enter into any Transactions.
 
2.  Obligations
 
(a)  General Conditions.
 
(i)  Each party will make each payment or delivery specified in each Confirmation to be made by it, subject to the other provisions of this Agreement.
 
(ii)  Payments under this Agreement will be made on the due date for value on that date in the place of the account specified in the relevant Confirmation or otherwise pursuant to this Agreement, in freely transferable funds and in the manner customary for payments in the required currency. Where settlement is by delivery (that is, other than by payment), such delivery will be made for receipt on the due date in the manner customary for the relevant obligation unless otherwise specified in the relevant Confirmation or elsewhere in this Agreement.
 
(iii)  Each obligation of each party under Section 2(a)(i) is subject to (1) the condition precedent that no Event of Default or Potential Event of Default with respect to the other party has occurred and is continuing, (2) the condition precedent that no Early Termination Date in respect of the relevant Transaction has occurred or been effectively designated and (3) each other applicable condition precedent specified in this Agreement.

 
Copyright © 1992 by International Swap Dealers Association, Inc.

 
 
(b) Change of Account. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the scheduled date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.
 
(c) Netting. If on any date amounts would otherwise be payable:—
 
(i) in the same currency; and
 
(ii) in respect of the same Transaction,
 
by each party to the other, then, on such date, each party’s obligation to make payment of any such amount will be automatically satisfied and discharged and, if the aggregate amount that would otherwise have been payable by one party exceeds the aggregate amount that would otherwise have been payable by the other party, replaced by an obligation upon the party by whom the larger aggregate amount would have been payable to pay to the other party the excess of the larger aggregate amount over the smaller aggregate amount.
 
The parties may elect in respect of two or more Transactions that a net amount will be determined in respect of all amounts payable on the same date in the same currency in respect of such Transactions, regardless of whether such amounts are payable in respect of the same Transaction. The election may be made in the Schedule or a Confirmation by specifying that subparagraph (ii) above will not apply to the Transactions identified as being subject to the election, together with the starting date (in which case subparagraph (ii) above will not, or will cease to, apply to such Transactions from such date). This election may be made separately for different groups of Transactions and will apply separately to each pairing of Offices through which the parties make and receive payments or deliveries.
 
(d) Deduction or Withholding for Tax. 
 
(i) Gross-Up. All payments under this Agreement will be made without any deduction or withholding for or on account of any Tax unless such deduction or withholding is required by any applicable law, as modified by the practice of any relevant governmental revenue authority, then in effect. If a party is so required to deduct or withhold, then that party (“X”) will:—
 
(1) promptly notify the other party (“Y”) of such requirement;
 
(2) pay to the relevant authorities the full amount required to be deducted or withheld (including the full amount required to be deducted or withheld from any additional amount paid by X to Y under this Section 2(d)) promptly upon the earlier of determining that such deduction or withholding is required or receiving notice that such amount has been assessed against Y;
 
(3) promptly forward to Y an official receipt (or a certified copy), or other documentation reasonably acceptable to Y, evidencing such payment to such authorities; and
 
(4) if such Tax is an Indemnifiable Tax, pay to Y, in addition to the payment to which Y is otherwise entitled under this Agreement, such additional amount as is necessary to ensure that the net amount actually received by Y (free and clear of Indemnifiable Taxes, whether assessed against X or Y) will equal the full amount Y would have received had no such deduction or withholding been required. However, X will not be required to pay any additional amount to Y to the extent that it would not be required to be paid but for:—
 
(A) the failure by Y to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d); or
 
(B) the failure of a representation made by Y pursuant to Section 3(f) to be accurate and true unless such failure would not have occurred but for (I) any action taken by a taxing authority, or brought in a court of competent jurisdiction, on or after the date on which a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (II) a Change in Tax Law.
 
ISDA® 1992
 
2

 
(ii) Liability. If: —
 
(1) X is required by any applicable law, as modified by the practice of any relevant governmental revenue authority, to make any deduction or withholding in respect of which X would not be required to pay an additional amount to Y under Section 2(d)(i)(4);
 
(2) X does not so deduct or withhold; and
 
(3) a liability resulting from such Tax is assessed directly against X,
 
then, except to the extent Y has satisfied or then satisfies the liability resulting from such Tax, Y will promptly pay to X the amount of such liability (including any related liability for interest, but including any related liability for penalties only if Y has failed to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d)).
 
(e) Default Interest; Other Amounts. Prior to the occurrence or effective designation of an Early Termination Date in respect of the relevant Transaction, a party that defaults in the performance of any payment obligation will, to the extent permitted by law and subject to Section 6(c), be required to pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as such overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment, at the Default Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed. If, prior to the occurrence or effective designation of an Early Termination Date in respect of the relevant Transaction, a party defaults in the performance of any obligation required to be settled by delivery, it will compensate the other party on demand if and to the extent provided for in the relevant Confirmation or elsewhere in this Agreement.
 
3.
Representations
 
Each party represents to the other party (which representations will be deemed to be repeated by each party on each date on which a Transaction is entered into and, in the case of the representations in Section 3(f), at all times until the termination of this Agreement) that:—
 
(a) Basic Representations.
 
(i) Status. It is duly organised and validly existing under the laws of the jurisdiction of its organisation or incorporation and, if relevant under such laws, in good standing;
 
(ii) Powers. It has the power to execute this Agreement and any other documentation relating to this Agreement to which it is a party, to deliver this Agreement and any other documentation relating to this Agreement that it is required by this Agreement to deliver and to perform its obligations under this Agreement and any obligations it has under any Credit Support Document to which it is a party and has taken all necessary action to authorise such execution, delivery and performance;
 
(iii) No Violation or Conflict. Such execution, delivery and performance do not violate or conflict with any law applicable to it, any provision of its constitutional documents, any order or judgment of any court or other agency of government applicable to it or any of its assets or any contractual restriction binding on or affecting it or any of its assets;
 
(iv) Consents. All governmental and other consents that are required to have been obtained by it with respect to this Agreement or any Credit Support Document to which it is a party have been obtained and are in full force and effect and all conditions of any such consents have been complied with; and
 
(v) Obligations Binding. Its obligations under this Agreement and any Credit Support Document to which it is a party constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms (subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)).
 
ISDA® 1992
 
3

 
(b) Absence of Certain Events. No Event of Default or Potential Event of Default or, to its knowledge, Termination Event with respect to it has occurred and is continuing and no such event or circumstance would occur as a result of its entering into or performing its obligations under this Agreement or any Credit Support Document to which it is a party.
 
(c) Absence of Litigation. There is not pending or, to its knowledge, threatened against it or any of its Affiliates any action, suit or proceeding at law or in equity or before any court, tribunal, governmental body, agency or official or any arbitrator that is likely to affect the legality, validity or enforceability against it of this Agreement or any Credit Support Document to which it is a party or its ability to perform its obligations under this Agreement or such Credit Support Document.
 
(d) Accuracy of Specified Information. All applicable information that is furnished in writing by or on behalf of it to the other party and is identified for the purpose of this Section 3(d) in the Schedule is, as of the date of the information, true, accurate and complete in every material respect.
 
(e) Payer Tax Representation. Each representation specified in the Schedule as being made by it for the purpose of this Section 3(e) is accurate and true.
 
(f) Payee Tax Representations. Each representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.
 
4.
Agreements
 
Each party agrees with the other that, so long as either party has or may have any obligation under this Agreement or under any Credit Support Document to which it is a party:—
 
(a) Furnish Specified Information. It will deliver to the other party or, in certain cases under subparagraph (iii) below, to such government or taxing authority as the other party reasonably directs:—
 
(i) any forms, documents or certificates relating to taxation specified in the Schedule or any Confirmation;
 
(ii) any other documents specified in the Schedule or any Confirmation; and
 
(iii) upon reasonable demand by such other party, any form or document that may be required or reasonably requested in writing in order to allow such other party or its Credit Support Provider to make a payment under this Agreement or any applicable Credit Support Document without any deduction or withholding for or on account of any Tax or with such deduction or withholding at a reduced rate (so long as the completion, execution or submission of such form or document would not materially prejudice the legal or commercial position of the party in receipt of such demand), with any such form or document to be accurate and completed in a manner reasonably satisfactory to such other party and to be executed and to be delivered with any reasonably required certification,
 
in each case by the date specified in the Schedule or such Confirmation or, if none is specified, as soon as reasonably practicable.
 
(b) Maintain Authorisations. It will use all reasonable efforts to maintain in full force and effect all consents of any governmental or other authority that are required to be obtained by it with respect to this Agreement or any Credit Support Document to which it is a party and will use all reasonable efforts to obtain any that may become necessary in the future.
 
(c) Comply with Laws. It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document to which it is a party.
 
(d) Tax Agreement. It will give notice of any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure.
 
ISDA® 1992
 
4

 
(e) Payment of Stamp Tax. Subject to Section 11, it will pay any Stamp Tax levied or imposed upon it or in respect of its execution or performance of this Agreement by a jurisdiction in which it is incorporated, organised, managed and controlled, or considered to have its seat, or in which a branch or office through which it is acting for the purpose of this Agreement is located (“Stamp Tax Jurisdiction”) and will indemnify the other party against any Stamp Tax levied or imposed upon the other party or in respect of the other party’s execution or performance of this Agreement by any such Stamp Tax Jurisdiction which is not also a Stamp Tax Jurisdiction with respect to the other party.
 
5.
Events of Default and Termination Events
 
(a) Events of Default. The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any of the following events constitutes an event of default (an “Event of Default”) with respect to such party:—
 
(i) Failure to Pay or Deliver. Failure by the party to make, when due, any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) required to be made by it if such failure is not remedied on or before the third Local Business Day after notice of such failure is given to the party;
 
(ii) Breach of Agreement. Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;
 
(iii) Credit Support Default.
 
(1) Failure by the party or any Credit Support Provider of such party to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any Credit Support Document if such failure is continuing after any applicable grace period has elapsed;
 
(2) the expiration or termination of such Credit Support Document or the failing or ceasing of such Credit Support Document to be in full force and effect for the purpose of this Agreement (in either case other than in accordance with its terms) prior to the satisfaction of all obligations of such party under each Transaction to which such Credit Support Document relates without the written consent of the other party; or
 
(3) the party or such Credit Support Provider disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, such Credit Support Document;
 
(iv) Misrepresentation. A representation (other than a representation under Section 3(e) or (f)) made or repeated or deemed to have been made or repeated by the party or any Credit Support Provider of such party in this Agreement or any Credit Support Document proves to have been incorrect or misleading in any material respect when made or repeated or deemed to have been made or repeated;
 
(v) Default under Specified Transaction. The party, any Credit Support Provider of such party or any applicable Specified Entity of such party (1) defaults under a Specified Transaction and, after giving effect to any applicable notice requirement or grace period, there occurs a liquidation of, an acceleration of obligations under, or an early termination of, that Specified Transaction, (2) defaults, after giving effect to any applicable notice requirement or grace period, in making any payment or delivery due on the last payment, delivery or exchange date of, or any payment on early termination of, a Specified Transaction (or such default continues for at least three Local Business Days if there is no applicable notice requirement or grace period) or (3) disaffirms, disclaims, repudiates or rejects, in whole or in part, a Specified Transaction (or such action is taken by any person or entity appointed or empowered to operate it or act on its behalf);
 
ISDA® 1992
 
5

 
(vi) Cross Default. If “Cross Default” is specified in the Schedule as applying to the party, the occurrence or existence of (1) a default, event of default or other similar condition or event (however described) in respect of such party, any Credit Support Provider of such party or any applicable Specified Entity of such party under one or more agreements or instruments relating to Specified Indebtedness of any of them (individually or collectively) in an aggregate amount of not less than the applicable Threshold Amount (as specified in the Schedule) which has resulted in such Specified Indebtedness becoming, or becoming capable at such time of being declared, due and payable under such agreements or instruments, before it would otherwise have been due and payable or (2) a default by such party, such Credit Support Provider or such Specified Entity (individually or collectively) in making one or more payments on the due date thereof in an aggregate amount of not less than the applicable Threshold Amount under such agreements or instruments (after giving effect to any applicable notice requirement or grace period);
 
(vii) Bankruptcy. The party, any Credit Support Provider of such party or any applicable Specified Entity of such party: —
 
(1) is dissolved (other than pursuant to a consolidation, amalgamation or merger); (2) becomes insolvent or is unable to pay its debts or fails or admits in writing its inability generally to pay its debts as they become due; (3) makes a general assignment, arrangement or composition with or for the benefit of its creditors; (4) institutes or has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented for its winding- up or liquidation, and, in the case of any such proceeding or petition instituted or presented against it, such proceeding or petition (A) results in a judgment of insolvency or bankruptcy or the entry of an order for relief or the making of an order for its winding-up or liquidation or (B) is not dismissed, discharged, stayed or restrained in each case within 30 days of the institution or presentation thereof; (5) has a resolution passed for its winding-up, official management or liquidation (other than pursuant to a consolidation, amalgamation or merger); (6) seeks or becomes subject to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official for it or for all or substantially all its assets; (7) has a secured party take possession of all or substantially all its assets or has a distress, execution, attachment, sequestration or other legal process levied, enforced or sued on or against all or substantially all its assets and such secured party maintains possession, or any such process is not dismissed, discharged, stayed or restrained, in each case within 30 days thereafter; (8) causes or is subject to any event with respect to it which, under the applicable laws of any jurisdiction, has an analogous effect to any of the events specified in clauses (1) to (7) (inclusive); or (9) takes any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the foregoing acts; or
 
(viii) Merger Without Assumption. The party or any Credit Support Provider of such party consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, another entity and, at the time of such consolidation, amalgamation, merger or transfer: —
 
(1) the resulting, surviving or transferee entity fails to assume all the obligations of such party or such Credit Support Provider under this Agreement or any Credit Support Document to which it or its predecessor was a party by operation of law or pursuant to an agreement reasonably satisfactory to the other party to this Agreement; or
 
(2) the benefits of any Credit Support Document fail to extend (without the consent of the other party) to the performance by such resulting, surviving or transferee entity of its obligations under this Agreement.
 
(b) Termination Events. The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any event specified below constitutes an Illegality if the event is specified in (i) below, a Tax Event if the event is specified in (ii) below or a Tax Event Upon Merger if the event is specified in (iii) below, and, if specified to be applicable, a Credit Event Upon Merger if the event is specified pursuant to (iv) below or an Additional Termination Event if the event is specified pursuant to (v) below:—
 
ISDA® 1992
 
6

 
(i) Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party): —
 
(1) to perform any absolute or contingent obligation to make a payment or delivery or to receive a payment or delivery in respect of such Transaction or to comply with any other material provision of this Agreement relating to such Transaction; or
 
(2) to perform, or for any Credit Support Provider of such party to perform, any contingent or other obligation which the party (or such Credit Support Provider) has under any Credit Support Document relating to such Transaction;
 
(ii) Tax Event. Due to (x) any action taken by a taxing authority, or brought in a court of competent jurisdiction, on or after the date on which a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (y) a Change in Tax Law, the party (which will be the Affected Party) will, or there is a substantial likelihood that it will, on the next succeeding Scheduled Payment Date (1) be required to pay to the other party an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 2(e), 6(d)(ii) or 6(e)) or (2) receive a payment from which an amount is required to be deducted or withheld for or on account of a Tax (except in respect of interest under Section 2(e), 6(d)(ii) or 6(e)) and no additional amount is required to be paid in respect of such Tax under Section 2(d)(i)(4) (other than by reason of Section 2(d)(i)(4)(A) or (B));
 
(iii) Tax Event Upon Merger. The party (the “Burdened Party”) on the next succeeding Scheduled Payment Date will either (1) be required to pay an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 2(e), 6(d)(ii) or 6(e)) or (2) receive a payment from which an amount has been deducted or withheld for or on account of any Indemnifiable Tax in respect of which the other party is not required to pay an additional amount (other than by reason of Section 2(d)(i)(4)(A) or (B)), in either case as a result of a party consolidating or amalgamating with, or merging with or into, or transferring all or substantially all its assets to, another entity (which will be the Affected Party) where such action does not constitute an event described in Section 5(a)(viii);
 
(iv) Credit Event Upon Merger. If “Credit Event Upon Merger” is specified in the Schedule as applying to the party, such party (“X”), any Credit Support Provider of X or any applicable Specified Entity of X consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, another entity and such action does not constitute an event described in Section 5(a)(viii) but the creditworthiness of the resulting, surviving or transferee entity is materially weaker than that of X, such Credit Support Provider or such Specified Entity, as the case may be, immediately prior to such action (and, in such event, X or its successor or transferee, as appropriate, will be the Affected Party); or
 
(v) Additional Termination Event. If any “Additional Termination Event” is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties shall be as specified for such Additional Termination Event in the Schedule or such Confirmation).
 
(c) Event of Default and Illegality. If an event or circumstance which would otherwise constitute or give rise to an Event of Default also constitutes an Illegality, it will be treated as an Illegality and will not constitute an Event of
Default.
 
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6.
Early Termination
 
(a) Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).
 
(b) Right to Terminate Following Termination Event.
 
(i) Notice. If a Termination Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction and will also give such other information about that Termination Event as the other party may reasonably require.
 
(ii) Transfer to Avoid Termination Event. If either an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, excluding immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist.
 
If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i).
 
Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other party, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.
 
(iii) Two Affected Parties. If an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there are two Affected Parties, each party will use all reasonable efforts to reach agreement within 30 days after notice thereof is given under Section 6(b)(i) on action to avoid that Termination Event.
 
(iv) Right to Terminate. If: —
 
(1) a transfer under Section 6(b)(ii) or an agreement under Section 6(b)(iii), as the case may be, has not been effected with respect to all Affected Transactions within 30 days after an Affected Party gives notice under Section 6(b)(i); or
 
(2) an Illegality under Section 5(b)(i)(2), a Credit Event Upon Merger or an Additional Termination Event occurs, or a Tax Event Upon Merger occurs and the Burdened Party is not the Affected Party,
 
either party in the case of an Illegality, the Burdened Party in the case of a Tax Event Upon Merger, any Affected Party in the case of a Tax Event or an Additional Termination Event if there is more than one Affected Party, or the party which is not the Affected Party in the case of a Credit Event Upon Merger or an Additional Termination Event if there is only one Affected Party may, by not more than 20 days notice to the other party and provided that the relevant Termination Event is then continuing, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all Affected Transactions.
 
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(c) Effect of Designation. 
 
(i) If notice designating an Early Termination Date is given under Section 6(a) or (b), the Early Termination Date will occur on the date so designated, whether or not the relevant Event of Default or Termination Event is then continuing.
 
(ii) Upon the occurrence or effective designation of an Early Termination Date, no further payments or deliveries under Section 2(a)(i) or 2(e) in respect of the Terminated Transactions will be required to be made, but without prejudice to the other provisions of this Agreement. The amount, if any, payable in respect of an Early Termination Date shall be determined pursuant to Section 6(e).
 
(d) Calculations.
 
(i) Statement. On or as soon as reasonably practicable following the occurrence of an Early Termination Date, each party will make the calculations on its part, if any, contemplated by Section 6(e) and will provide to the other party a statement (1) showing, in reasonable detail, such calculations (including all relevant quotations and specifying any amount payable under Section 6(e)) and (2) giving details of the relevant account to which any amount payable to it is to be paid. In the absence of written confirmation from the source of a quotation obtained in determining a Market Quotation, the records of the party obtaining such quotation will be conclusive evidence of the existence and accuracy of such quotation.
 
(ii) Payment Date. An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.
 
(e) Payments on Early Termination. If an Early Termination Date occurs, the following provisions shall apply based on the parties’ election in the Schedule of a payment measure, either “Market Quotation” or “Loss”, and a payment method, either the “First Method” or the “Second Method”. If the parties fail to designate a payment measure or payment method in the Schedule, it will be deemed that “Market Quotation” or the “Second Method”, as the case may be, shall apply. The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section will be subject to any Set-off
 
(i) Events of Default. If the Early Termination Date results from an Event of Default: —
 
(1) First Method and Market Quotation. If the First Method and Market Quotation apply, the Defaulting Party will pay to the Non-defaulting Party the excess, if a positive number, of (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party over (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.
 
(2) First Method and Loss. If the First Method and Loss apply, the Defaulting Party will pay to the Non-defaulting Party, if a positive number, the Non- defaulting Party’s Loss in respect of this Agreement.
 
(3) Second Method and Market Quotation. If the Second Method and Market Quotation apply, an amount will be payable equal to (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party. If that amount is a positive number, the Defaulting Party will pay it to the Non-defaulting Party; if it is a negative number, the Non-defaulting Party will pay the absolute value of that amount to the Defaulting Party.
 
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(4) Second Method and Loss. If the Second Method and Loss apply, an amount will be payable equal to the Non-defaulting Party’s Loss in respect of this Agreement. If that amount is a positive number, the Defaulting Party will pay it to the Non-defaulting Party; if it is a negative number, the Non-defaulting Party will pay the absolute value of that amount to the Defaulting Party.
 
(ii) Termination Events. If the Early Termination Date results from a Termination Event: —
 
(1) One Affected Party. If there is one Affected Party, the amount payable will be determined in accordance with Section 6(e)(i)(3), if Market Quotation applies, or Section 6(e)(i)(4), if Loss applies, except that, in either case, references to the Defaulting Party and to the Non-defaulting Party will be deemed to be references to the Affected Party and the party which is not the Affected Party, respectively, and, if Loss applies and fewer than all the Transactions are being terminated, Loss shall be calculated in respect of all Terminated Transactions.
 
(2) Two Affected Parties. If there are two Affected Parties: —
 
(A) if Market Quotation applies, each party will determine a Settlement Amount in respect of the Terminated Transactions, and an amount will be payable equal to (I) the sum of (a) one-half of the difference between the Settlement Amount of the party with the higher Settlement Amount (“X”) and the Settlement Amount of the party with the lower Settlement Amount (“Y”) and (b) the Termination Currency Equivalent of the Unpaid Amounts owing to X less (II) the Termination Currency Equivalent of the Unpaid Amounts owing to Y; and
 
(B) if Loss applies, each party will determine its Loss in respect of this Agreement (or, if fewer than all the Transactions are being terminated, in respect of all Terminated Transactions) and an amount will be payable equal to one-half of the difference between the Loss of the party with the higher Loss (“X”) and the Loss of the party with the lower Loss (“Y”).
 
If the amount payable is a positive number, Y will pay it to X; if it is a negative number, X will pay the absolute value of that amount to Y.
 
(iii) Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because “Automatic Early Termination” applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).
 
(iv) Pre-Estimate. The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.
 
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7.
Transfer
 
Subject to Section 6(b)(ii), neither this Agreement nor any interest or obligation in or under this Agreement may be transferred (whether by way of security or otherwise) by either party without the prior written consent of the other party, except that: —
 
(a) a party may make such a transfer of this Agreement pursuant to a consolidation or amalgamation with, or merger with or into, or transfer of all or substantially all its assets to, another entity (but without prejudice to any other right or remedy under this Agreement); and
 
(b) a party may make such a transfer of all or any part of its interest in any amount payable to it from a Defaulting Party under Section 6(e).
 
Any purported transfer that is not in compliance with this Section will be void.
 
8.
Contractual Currency
 
(a) Payment in the Contractual Currency. Each payment under this Agreement will be made in the relevant currency specified in this Agreement for that payment (the “Contractual Currency”). To the extent permitted by applicable law, any obligation to make payments under this Agreement in the Contractual Currency will not be discharged or satisfied by any tender in any currency other than the Contractual Currency, except to the extent such tender results in the actual receipt by the party to which payment is owed, acting in a reasonable manner and in good faith in converting the currency so tendered into the Contractual Currency, of the full amount in the Contractual Currency of all amounts payable in respect of this Agreement. If for any reason the amount in the Contractual Currency so received falls short of the amount in the Contractual Currency payable in respect of this Agreement, the party required to make the payment will, to the extent permitted by applicable law, immediately pay such additional amount in the Contractual Currency as may be necessary to compensate for the shortfall. If for any reason the amount in the Contractual Currency so received exceeds the amount in the Contractual Currency payable in respect of this Agreement, the party receiving the payment will refund promptly the amount of such excess.
 
(b) Judgments. To the extent permitted by applicable law, if any judgment or order expressed in a currency other than the Contractual Currency is rendered (i) for the payment of any amount owing in respect of this Agreement, (ii) for the payment of any amount relating to any early termination in respect of this Agreement or (iii) in respect of a judgment or order of another court for the payment of any amount described in (i) or (ii) above, the party seeking recovery, after recovery in full of the aggregate amount to which such party is entitled pursuant to the judgment or order, will be entitled to receive immediately from the other party the amount of any shortfall of the Contractual Currency received by such party as a consequence of sums paid in such other currency and will refund promptly to the other party any excess of the Contractual Currency received by such party as a consequence of sums paid in such other currency if such shortfall or such excess arises or results from any variation between the rate of exchange at which the Contractual Currency is converted into the currency of the judgment or order for the purposes of such judgment or order and the rate of exchange at which such party is able, acting in a reasonable manner and in good faith in converting the currency received into the Contractual Currency, to purchase the Contractual Currency with the amount of the currency of the judgment or order actually received by such party. The term “rate of exchange” includes, without limitation, any premiums and costs of exchange payable in connection with the purchase of or conversion into the Contractual Currency.
 
(c) Separate Indemnities. To the extent permitted by applicable law, these indemnities constitute separate and independent obligations from the other obligations in this Agreement, will be enforceable as separate and independent causes of action, will apply notwithstanding any indulgence granted by the party to which any payment is owed and will not be affected by judgment being obtained or claim or proof being made for any other sums payable in respect of this Agreement.
 
(d) Evidence of Loss. For the purpose of this Section 8, it will be sufficient for a party to demonstrate that it would have suffered a loss had an actual exchange or purchase been made.
 
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9.
Miscellaneous
 
(a) Entire Agreement. This Agreement constitutes the entire agreement and understanding of the parties with respect to its subject matter and supersedes all oral communication and prior writings with respect thereto.
 
(b) Amendments. No amendment, modification or waiver in respect of this Agreement will be effective unless in writing (including a writing evidenced by a facsimile transmission) and executed by each of the parties or confirmed by an exchange of telexes or electronic messages on an electronic messaging system.
 
(c) Survival of Obligations. Without prejudice to Sections 2(a)(iii) and 6(c)(ii), the obligations of the parties under this Agreement will survive the termination of any Transaction.
 
(d) Remedies Cumulative. Except as provided in this Agreement, the rights, powers, remedies and privileges provided in this Agreement are cumulative and not exclusive of any rights, powers, remedies and privileges provided by law.
 
(e) Counterparts and Confirmations. 
 
(i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission), each of which will be deemed an original.
 
(ii) The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms (whether orally or otherwise). A Confirmation shall he entered into as soon as practicable and may he executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes or by an exchange of electronic messages on an electronic messaging system, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement. The parties will specify therein or through another effective means that any such counterpart, telex or electronic message constitutes a Confirmation.
 
(f) No Waiver of Rights. A failure or delay in exercising any right, power or privilege in respect of this Agreement will not be presumed to operate as a waiver, and a single or partial exercise of any right, power or privilege will not be presumed to preclude any subsequent or further exercise, of that right, power or privilege or the exercise of any other right, power or privilege.
 
(g) Headings. The headings used in this Agreement are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Agreement.
 
10.
Offices; Multibranch Parties
 
(a) If Section 10(a) is specified in the Schedule as applying, each party that enters into a Transaction through an Office other than its head or home office represents to the other party that, notwithstanding the place of booking office or jurisdiction of incorporation or organisation of such party, the obligations of such party are the same as if it had entered into the Transaction through its head or home office. This representation will be deemed to be repeated by such party on each date on which a Transaction is entered into.
 
(b) Neither party may change the Office through which it makes and receives payments or deliveries for the purpose of a Transaction without the prior written consent of the other party.
 
(c) If a party is specified as a Multibranch Party in the Schedule, such Multibranch Party may make and receive payments or deliveries under any Transaction through any Office listed in the Schedule, and the Office through which it makes and receives payments or deliveries with respect to a Transaction will be specified in the relevant Confirmation.
 
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11.
Expenses
 
A Defaulting Party will, on demand, indemnify and hold harmless the other party for and against all reasonable out-of-pocket expenses, including legal fees and Stamp Tax, incurred by such other party by reason of the enforcement and protection of its rights under this Agreement or any Credit Support Document to which the Defaulting Party is a party or by reason of the early termination of any Transaction, including, but not limited to, costs of collection.
 
12.
Notices
 
(a) Effectiveness. Any notice or other communication in respect of this Agreement may be given in any manner set forth below (except that a notice or other communication under Section 5 or 6 may not be given by facsimile transmission or electronic messaging system) to the address or number or in accordance with the electronic messaging system details provided (see the Schedule) and will be deemed effective as indicated:—
 
(i) if in writing and delivered in person or by courier, on the date it is delivered;
 
(ii) if sent by telex, on the date the recipient’s answerback is received;
 
(iii) if sent by facsimile transmission, on the date that transmission is received by a responsible employee of the recipient in legible form (it being agreed that the burden of proving receipt will be on the sender and will not be met by a transmission report generated by the sender’s facsimile machine);
 
(iv) if sent by certified or registered mail (airmail, if overseas) or the equivalent (return receipt requested), on the date that mail is delivered or its delivery is attempted; or
 
(v) if sent by electronic messaging system, on the date that electronic message is received,
 
unless the date of that delivery (or attempted delivery) or that receipt, as applicable, is not a Local Business Day or that communication is delivered (or attempted) or received, as applicable, after the close of business on a Local Business Day, in which case that communication shall be deemed given and effective on the first following day that is a Local Business Day.
 
(b) Change of Addresses. Either party may by notice to the other change the address, telex or facsimile number or electronic messaging system details at which notices or other communications are to be given to it.
 
13.
Governing Law and Jurisdiction
 
(a) Governing Law. This Agreement will be governed by and construed in accordance with the law specified in the Schedule.
 
(b) Jurisdiction. With respect to any suit, action or proceedings relating to this Agreement (“Proceedings”), each party irrevocably:—
 
(i) submits to the jurisdiction of the English courts, if this Agreement is expressed to be governed by English law, or to the non- exclusive jurisdiction of the courts of the State of New York and the United States District Court located in the Borough of Manhattan in New York City, if this Agreement is expressed to be governed by the laws of the State of New York; and
 
(ii) waives any objection which it may have at any time to the laying of venue of any Proceedings brought in any such court, waives any claim that such Proceedings have been brought in an inconvenient forum and further waives the right to object, with respect to such Proceedings, that such court does not have any jurisdiction over such party.
 
Nothing in this Agreement precludes either party from bringing Proceedings in any other jurisdiction (outside, if this Agreement is expressed to be governed by English law, the Contracting States, as defined in Section 1(3) of the Civil Jurisdiction and Judgments Act 1982 or any modification, extension or re- enactment thereof for the time being in force) nor will the bringing of Proceedings in any one or more jurisdictions preclude the bringing of Proceedings in any other jurisdiction.
 
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(c) Service of Process. Each party irrevocably appoints the Process Agent (if any) specified opposite its name in the Schedule to receive, for it and on its behalf, service of process in any Proceedings. If for any reason any party’s Process Agent is unable to act as such, such party will promptly notify the other party and within 30 days appoint a substitute process agent acceptable to the other party. The parties irrevocably consent to service of process given in the manner provided for notices in Section 12. Nothing in this Agreement will affect the right of either party to serve process in any other manner permitted by law.
 
(d) Waiver of Immunities. Each party irrevocably waives, to the fullest extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of their use or intended use), all immunity on the grounds of sovereignty or other similar grounds from (i) suit, (ii) jurisdiction of any court, (iii) relief by way of injunction, order for specific performance or for recovery of property, (iv) attachment of its assets (whether before or after judgment) and (v) execution or enforcement of any judgment to which it or its revenues or assets might otherwise be entitled in any Proceedings in the courts of any jurisdiction and irrevocably agrees, to the extent permitted by applicable law, that it will not claim any such immunity in any Proceedings.
 
14.
Definitions
 
As used in this Agreement:—
 
“Additional Termination Event” has the meaning specified in Section 5(b).
 
“Affected Party” has the meaning specified in Section 5(b).
 
“Affected Transactions” means (a) with respect to any Termination Event consisting of an Illegality, Tax Event or Tax Event Upon Merger, all Transactions affected by the occurrence of such Termination Event and (b) with respect to any other Termination Event, all Transactions.
 
“Affiliate” means, subject to the Schedule, in relation to any person, any entity controlled, directly or indirectly, by the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. For this purpose, “control” of any entity or person means ownership of a majority of the voting power of the entity or person.
 
“Applicable Rate” means:—
 
(a) in respect of obligations payable or deliverable (or which would have been but for Section 2(a)(iii)) by a Defaulting Party, the Default Rate;
 
(b) in respect of an obligation to pay an amount under Section 6(e) of either party from and after the date (determined in accordance with Section 6(d)(ii)) on which that amount is payable, the Default Rate;
 
(c) in respect of all other obligations payable or deliverable (or which would have been but for Section 2(a)(iii)) by a Non-defaulting Party, the Non-default Rate; and
 
(d) in all other cases, the Termination Rate.
 
“Burdened Party” has the meaning specified in Section 5(b).
 
“Change in Tax Law” means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.
 
“consent” includes a consent, approval, action, authorisation, exemption, notice, filing, registration or exchange control consent.
 
“Credit Event Upon Merger” has the meaning specified in Section 5(b).
 
“Credit Support Document” means any agreement or instrument that is specified as such in this Agreement.
 
“Credit Support Provider” has the meaning specified in the Schedule.
 
“Default Rate” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount plus 1% per annum.
 
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“Defaulting Party” has the meaning specified in Section 6(a).
 
“Early Termination Date” means the date determined in accordance with Section 6(a) or 6(b)(iv).
 
“Event of Default” has the meaning specified in Section 5(a) and, if applicable, in the Schedule.
 
“Illegality” has the meaning specified in Section 5(b).
 
“Indemnifiable Tax” means any Tax other than a Tax that would not be imposed in respect of a payment under this Agreement but for a present or former connection between the jurisdiction of the government or taxation authority imposing such Tax and the recipient of such payment or a person related to such recipient (including, without limitation, a connection arising from such recipient or related person being or having been a citizen or resident of such jurisdiction, or being or having been organised, present or engaged in a trade or business in such jurisdiction, or having or having had a permanent establishment or fixed place of business in such jurisdiction, but excluding a connection arising solely from such recipient or related person having executed, delivered, performed its obligations or received a payment under, or enforced, this Agreement or a Credit Support Document).
 
“law” includes any treaty, law, rule or regulation (as modified, in the case of tax matters, by the practice of any relevant governmental revenue authority) and “lawful” and “unlawful” will be construed accordingly.
 
“Local Business Day” means, subject to the Schedule, a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) (a) in relation to any obligation under Section 2(a)(i), in the place(s) specified in the relevant Confirmation or, if not so specified, as otherwise agreed by the parties in writing or determined pursuant to provisions contained, or incorporated by reference, in this Agreement, (b) in relation to any other payment, in the place where the relevant account is located and, if different, in the principal financial centre, if any, of the currency of such payment, (c) in relation to any notice or other communication, including notice contemplated under Section 5(a)(i), in the city specified in the address for notice provided by the recipient and, in the case of a notice contemplated by Section 2(b), in the place where the relevant new account is to be located and (d) in relation to Section 5(a)(v)(2), in the relevant locations for performance with respect to such Specified Transaction.
 
“Loss” means, with respect to this Agreement or one or more Terminated Transactions, as the case may be, and a party, the Termination Currency Equivalent of an amount that party reasonably determines in good faith to be its total losses and costs (or gain, in which case expressed as a negative number) in connection with this Agreement or that Terminated Transaction or group of Terminated Transactions, as the case may be, including any loss of bargain, cost of funding or, at the election of such party but without duplication, loss or cost incurred as a result of its terminating, liquidating, obtaining or reestablishing any hedge or related trading position (or any gain resulting from any of them). Loss includes losses and costs (or gains) in respect of any payment or delivery required to have been made (assuming satisfaction of each applicable condition precedent) on or before the relevant Early Termination Date and not made, except, so as to avoid duplication, if Section 6(e)(i)(1) or (3) or 6(e)(ii)(2)(A) applies. Loss does not include a party’s legal fees and out-of-pocket expenses referred to under Section 11. A party will determine its Loss as of the relevant Early Termination Date, or, if that is not reasonably practicable, as of the earliest date thereafter as is reasonably practicable. A party may (but need not) determine its Loss by reference to quotations of relevant rates or prices from one or more leading dealers in the relevant markets.
 
“Market Quotation” means, with respect to one or more Terminated Transactions and a party making the determination, an amount determined on the basis of quotations from Reference Market-makers. Each quotation will be for an amount, if any, that would be paid to such party (expressed as a negative number) or by such party (expressed as a positive number) in consideration of an agreement between such party (taking into account any existing Credit Support Document with respect to the obligations of such party) and the quoting Reference Market-maker to enter into a transaction (the “Replacement Transaction”) that would have the effect of preserving for such party the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that date. For this purpose, Unpaid Amounts in respect of the Terminated Transaction or group of Terminated Transactions are to be excluded but, without limitation, any payment or delivery that would, but for the relevant Early Termination Date, have been required (assuming satisfaction of each applicable condition precedent) after that Early Termination Date is to be included. The Replacement Transaction would be subject to such documentation as such party and the Reference Market-maker may, in good faith, agree. The party making the determination (or its agent) will request each Reference Market-maker to provide its quotation to the extent reasonably practicable as of the same day and time (without regard to different time zones) on or as soon as reasonably practicable after the relevant Early Termination Date. The day and time as of which those quotations are to be obtained will be selected in good faith by the party obliged to make a determination under Section 6(e), and, if each party is so obliged, after consultation with the other. If more than three quotations are provided, the Market Quotation will be the arithmetic mean of the quotations, without regard to the quotations having the highest and lowest values. If exactly three such quotations are provided, the Market Quotation will be the quotation remaining after disregarding the highest and lowest quotations. For this purpose, if more than one quotation has the same highest value or lowest value, then one of such quotations shall be disregarded. If fewer than three quotations are provided, it will be deemed that the Market Quotation in respect of such Terminated Transaction or group of Terminated Transactions cannot be determined.
 
ISDA® 1992
 
15

 
“Non-default Rate” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the Non-defaulting Party (as certified by it) if it were to fund the relevant amount.
 
“Non-defaulting Party” has the meaning specified in Section 6(a).
 
“Office” means a branch or office of a party, which may be such party’s head or home office.
 
“Potential Event of Default” means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.
 
“Reference Market-makers” means four leading dealers in the relevant market selected by the party determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same city.
 
“Relevant Jurisdiction” means, with respect to a party, the jurisdictions (a) in which the party is incorporated, organised, managed and controlled or considered to have its seat, (b) where an Office through which the party is acting for purposes of this Agreement is located, (c) in which the party executes this Agreement and (d) in relation to any payment, from or through which such payment is made.
 
“Scheduled Payment Date” means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.
 
“Set-off” means set-off, offset, combination of accounts, right of retention or withholding or similar right or requirement to which the payer of an amount under Section 6 is entitled or subject (whether arising under this Agreement, another contract, applicable law or otherwise) that is exercised by, or imposed on, such payer.
 
“Settlement Amount” means, with respect to a party and any Early Termination Date, the sum of: —
 
(a) the Termination Currency Equivalent of the Market Quotations (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions for which a Market Quotation is determined; and
 
(b) such party’s Loss (whether positive or negative and without reference to any Unpaid Amounts) for each Terminated Transaction or group of Terminated Transactions for which a Market Quotation cannot be determined or would not (in the reasonable belief of the party making the determination) produce a commercially reasonable result.
 
“Specified Entity” has the meanings specified in the Schedule.
 
“Specified Indebtedness” means, subject to the Schedule, any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.
 
ISDA® 1992
 
16

 
“Specified Transaction” means, subject to the Schedule, (a) any transaction (including an agreement with respect thereto) now existing or hereafter entered into between one party to this Agreement (or any Credit Support Provider of such party or any applicable Specified Entity of such party) and the other party to this Agreement (or any Credit Support Provider of such other party or any applicable Specified Entity of such other party) which is a rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross- currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions), (b) any combination of these transactions and (c) any other transaction identified as a Specified Transaction in this Agreement or the relevant confirmation.
 
“Stamp Tax” means any stamp, registration, documentation or similar tax.
 
“Tax” means any present or future tax, levy, impost, duty, charge, assessment or fee of any nature (including interest, penalties and additions thereto) that is imposed by any government or other taxing authority in respect of any payment under this Agreement other than a stamp, registration, documentation or similar tax.
 
“Tax Event” has the meaning specified in Section 5(b).
 
“Tax Event Upon Merger” has the meaning specified in Section 5(b).
 
“Terminated Transactions” means with respect to any Early Termination Date (a) if resulting from a Termination Event, all Affected Transactions and (b) if resulting from an Event of Default, all Transactions (in either case) in effect immediately before the effectiveness of the notice designating that Early Termination Date (or, if “Automatic Early Termination” applies, immediately before that Early Termination Date).
 
“Termination Currency” has the meaning specified in the Schedule.
 
“Termination Currency Equivalent” means, in respect of any amount denominated in the Termination Currency, such Termination Currency amount and, in respect of any amount denominated in a currency other than the Termination Currency (the “Other Currency”), the amount in the Termination Currency determined by the party making the relevant determination as being required to purchase such amount of such Other Currency as at the relevant Early Termination Date, or, if the relevant Market Quotation or Loss (as the case may be), is determined as of a later date, that later date, with the Termination Currency at the rate equal to the spot exchange rate of the foreign exchange agent (selected as provided below) for the purchase of such Other Currency with the Termination Currency at or about 11:00 a. m. (in the city in which such foreign exchange agent is located) on such date as would be customary for the determination of such a rate for the purchase of such Other Currency for value on the relevant Early Termination Date or that later date. The foreign exchange agent will, if only one party is obliged to make a determination under Section 6(e), be selected in good faith by that party and otherwise will be agreed by the parties.
 
“Termination Event” means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.
 
“Termination Rate” means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.
 
“Unpaid Amounts” owing to any party means, with respect to an Early Termination Date, the aggregate of (a) in respect of all Terminated Transactions, the amounts that became payable (or that would have become payable but for Section 2(a)(iii)) to such party under Section 2(a)(i) on or prior to such Early Termination Date and which remain unpaid as at such Early Termination Date and (b) in respect of each Terminated Transaction, for each obligation under Section 2(a)(i) which was (or would have been but for Section 2(a)(iii)) required to be settled by delivery to such party on or prior to such Early Termination Date and which has not been so settled as at such Early Termination Date, an amount equal to the fair market value of that which was (or would have been) required to be delivered as of the originally scheduled date for delivery, in each case together with (to the extent permitted under applicable law) interest, in the currency of such amounts, from (and including) the date such amounts or obligations were or would have been required to have been paid or performed to (but excluding) such Early Termination Date, at the Applicable Rate. Such amounts of interest will be calculated on the basis of daily compounding and the actual number of days elapsed. The fair market value of any obligation referred to in clause (b) above shall be reasonably determined by the party obliged to make the determination under Section 6(e) or, if each party is so obliged, it shall be the average of the Termination Currency Equivalents of the fair market values reasonably determined by both parties.
 
ISDA® 1992
 
17


IN WITNESS WHEREOF the parties have executed this document on the respective dates specified below with effect from the date specified on the first page of this document.
 
 

BEAR STEARNS FINANCIAL PRODUCTS INC.
(Name of Party)
 
DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1
 (Name of Party)
   
   
   
By:  _____________________________
Name:
Title:
Date:
By:  _____________________________
Name:
Title:
Date:

18

 

SCHEDULE
to the
ISDA®
International Swaps and Derivatives Association, Inc.
MASTER AGREEMENT
dated as of February 22, 2007


between BEAR STEARNS FINANCIAL PRODUCTS INC., a corporation organized under the laws of Delaware ("Party A"), and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee (the “Supplemental Interest Trust Trustee”), on behalf of the Supplemental Interest Trust with respect to the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1. ("the “Supplemental Interest Trust” or “Party B").

Reference is hereby made to the Pooling and Servicing Agreement, dated as of February 1, 2007, among Impac Secured Assets Corp., as Depositor, Impac Funding Corporation, as Master Servicer and Deutsche Bank National Trust Company, as Trustee (the “Pooling and Servicing Agreement”).

Part 1.
Termination Provisions.

For the purposes of this Agreement:-

(a) “Specified Entity” will not apply to Party A or Party B for any purpose.

(b)
“Specified Transaction” will have the meaning specified in Section 14.

(c)
Events of Default.

The statement below that an Event of Default will apply to a specific party means that upon the occurrence of such an Event of Default with respect to such party, the other party shall have the rights of a Non-defaulting Party under Section 6 of this Agreement; conversely, the statement below that such event will not apply to a specific party means that the other party shall not have such rights.

 
(i)
The “Failure to Pay or Deliver” provisions of Section 5(a)(i) will apply to Party A and will apply to Party B; provided, however, that notwithstanding anything to the contrary in Section 5(a)(i) or in Paragraph 7 of the Credit Support Annex, any failure by Party A to comply with or perform any obligation to be complied with or performed by Party A under the Credit Support Annex shall not constitute an Event of Default under Section 5(a)(i) unless (A) a Required Ratings Downgrade Event has occurred and been continuing for 30 or more Local Business Days and (B) such failure is not remedied on or before the third Local Business Day after notice of such failure is given to Party A.

 
(ii)
The “Breach of Agreement” provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.
 

 
 
(iii)
The “Credit Support Default” provisions of Section 5(a)(iii) will apply to Party A and will not apply to Party B except that Section 5(a)(iii)(1) will apply to Party B solely in respect of Party B’s obligations under Paragraph 3(b) of the Credit Support Annex; provided, however, that notwithstanding anything to the contrary in Section 5(a)(iii)(1), any failure by Party A to comply with or perform any obligation to be complied with or performed by Party A under the Credit Support Annex shall not constitute an Event of Default under Section 5(a)(iii) unless (A) a Required Ratings Downgrade Event has occurred and been continuing for 30 or more Local Business Days and (B) such failure is not remedied on or before the third Local Business Day after notice of such failure is given to Party A.

 
(iv)
The “Misrepresentation” provisions of Section 5(a)(iv) will apply to Party A and will not apply to Party B.

 
(v)
The “Default under Specified Transaction” provisions of Section 5(a)(v) will apply to Party A and will not apply to Party B.

 
(vi)
The “Cross Default” provisions of Section 5(a)(vi) will apply to Party A and will not apply to Party B. For purposes of Section 5(a)(vi), solely with respect to Party A:

“Specified Indebtedness” will have the meaning specified in Section 14.

“Threshold Amount” means USD 100,000,000.

 
(vii)
The “Bankruptcy” provisions of Section 5(a)(vii) will apply to Party A and will apply to Party B except that the provisions of Section 5(a)(vii)(2), (6) (to the extent that such provisions refer to any appointment contemplated or effected by the Pooling and Servicing Agreement or any appointment to which Party B has not become subject), (7) and (9) will not apply to Party B; provided that, with respect to Party B only, Section 5(a)(vii)(4) is hereby amended by adding after the words “against it” the words “(excluding any proceeding or petition instituted or presented by Party A or its Affiliates)”, and Section 5(a)(vii)(8) is hereby amended by deleting the words “to (7) inclusive” and inserting lieu thereof “, (3), (4) as amended, (5), (6) as amended, or (7)”.

 
(viii)
The “Merger Without Assumption” provisions of Section 5(a)(viii) will apply to Party A and will apply to Party B.

(d) Termination Events.

The statement below that a Termination Event will apply to a specific party means that upon the occurrence of such a Termination Event, if such specific party is the Affected Party with respect to a Tax Event, the Burdened Party with respect to a Tax Event Upon Merger (except as noted below) or the non-Affected Party with respect to a Credit Event Upon Merger, as the case may be, such specific party shall have the right to designate an Early Termination Date in accordance with Section 6 of this Agreement; conversely, the statement below that such an event will not apply to a specific party means that such party shall not have such right; provided, however, with respect to “Illegality” the statement that such event will apply to a specific party means that upon the occurrence of such a Termination Event with respect to such party, either party shall have the right to designate an Early Termination Date in accordance with Section 6 of this Agreement.

(i) The “Illegality” provisions of Section 5(b)(i) will apply to Party A and will apply to Party B.

 
(ii)
The “Tax Event” provisions of Section 5(b)(ii) will apply to Party A and will apply to Party B. 
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
 
(iii)
The “Tax Event Upon Merger” provisions of Section 5(b)(iii) will apply to Party A and will apply to Party B, provided that Party A shall not be entitled to designate an Early Termination Date by reason of a Tax Event upon Merger in respect of which it is the Affected Party.

 
(iv)
The “Credit Event Upon Merger” provisions of Section 5(b)(iv) will not apply to Party A and will not apply to Party B.

(e)
The “Automatic Early Termination” provision of Section 6(a) will not apply to Party A and will not apply to Party B.

(f)  Payments on Early Termination. For the purpose of Section 6(e) of this Agreement:

 
(i)
The Second Method will apply.

 
(ii)
Market Quotation will apply, provided, however, that, if Party A is the Defaulting Party or the sole Affected Party, the following provisions will apply:

 
(A)
Section 6(e) is hereby amended by inserting on the first line thereof the words “or is effectively designated” after “If an Early Termination Date occurs”;

 
(B)
The definition of Market Quotation in Section 14 shall be deleted in its entirety and replaced with the following:

“Market Quotation” means, with respect to one or more Terminated Transactions, and a party making the determination, an amount determined on the basis of one or more Firm Offers from Reference Market-makers that are Eligible Replacements. Each Firm Offer will be (1) for an amount that would be paid to Party B (expressed as a negative number) or by Party B (expressed as a positive number) in consideration of an agreement between Party B and such Reference Market-maker to enter into a Replacement Transaction, and (2) made on the basis that Unpaid Amounts in respect of the Terminated Transaction or group of Transactions are to be excluded but, without limitation, any payment or delivery that would, but for the relevant Early Termination Date, have been required (assuming satisfaction of each applicable condition precedent) after that Early Termination Date are to be included. The party making the determination (or its agent) will request each Reference Market-maker that is an Eligible Replacement to provide its Firm Offer to the extent reasonably practicable as of the same day and time (without regard to different time zones) on or as soon as reasonably practicable after the designation or occurrence of the relevant Early Termination Date. The day and time as of which those Firm Offers are to be provided (the “Bid Time”) will be selected in good faith by the party obliged to make a determination under Section 6(e), and, if each party is so obliged, after consultation with the other. If at least one Firm Offer from an Approved Replacement (which, if accepted, would determine the Market Quotation) is provided at the Bid Time, the Market Quotation will be the Firm Offer (among such Firm Offers as specified in clause (C) below) actually accepted by Party B no later than the Business Day immediately preceding the Early Termination Date. If no Firm Offer from an Approved Replacement (which, if accepted, would determine the Market Quotation) is provided at the Bid Time, it will be deemed that the Market Quotation in respect of such Terminated Transaction or group of Transactions cannot be determined.

 
(C)
If more than one Firm Offer from an Approved Replacement (which, if accepted, would determine the Market Quotation) is provided at the Bid Time, Party B shall accept the Firm Offer (among such Firm Offers) which would require either (x) the lowest payment by Party B to the Reference Market-maker, to the extent Party B would be required to make a payment to the Reference Market-maker or (y) the highest payment from the Reference Market-maker to Party B, to the extent the Reference Market-maker would be required to make a payment to Party B. If only one Firm Offer from an Approved Replacement (which, if accepted, would determine the Market Quotation) is provided at the Bid Time, Party B shall accept such Firm Offer.
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 

 
(D)
If Party B requests Party A in writing to obtain Market Quotations, Party A shall use its reasonable efforts to do so.

 
(E)
If the Settlement Amount is a negative number, Section 6(e)(i)(3) shall be deleted in its entirety and replaced with the following:

“(3) Second Method and Market Quotation. If the Second Method and Market Quotation apply, (I) Party B shall pay to Party A an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (II) Party B shall pay to Party A the Termination Currency Equivalent of the Unpaid Amounts owing to Party A and (III) Party A shall pay to Party B the Termination Currency Equivalent of the Unpaid Amounts owing to Party B; provided, however, that (x) the amounts payable under the immediately preceding clauses (II) and (III) shall be subject to netting in accordance with Section 2(c) of this Agreement and (y) notwithstanding any other provision of this Agreement, any amount payable by Party A under the immediately preceding clause (III) shall not be netted-off against any amount payable by Party B under the immediately preceding clause (I).”
 
(g) “Termination Currency” means USD.

(h)  Additional Termination Events. Additional Termination Events will apply as provided in Part 5(c).

Part 2.  Tax Matters.

(a) Tax Representations. 

 
(i)
Payer Representations. For the purpose of Section 3(e) of this Agreement:
 
(A) Party A makes the following representation(s):

It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 2(e), 6(d)(ii) or 6(e) of this Agreement) to be made by it to the other party under this Agreement.

In making this representation, it may rely on:

 
(1)
the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement;

 
(2)
the satisfaction of the agreement contained in Section 4(a)(i) or 4(a)(iii) of this Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement; and

 
(3)
the satisfaction of the agreement of the other party contained in Section 4(d) of this Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) by reason of material prejudice to its legal or commercial position.
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
(B) Party B makes the following representation(s):

None.

(ii)  Payee Representations. For the purpose of Section 3(f) of this Agreement:
 
(A)   Party A makes the following representation(s):

Party A is a corporation organized under the laws of the State of Delaware and its U.S. taxpayer identification number is 13-3866307.
     
(B)   Party B makes the following representation(s):

None.

(b)
Tax Provisions.

 
(i)
Gross Up. Section 2(d)(i)(4) shall not apply to Party B as X, such that Party B shall not be required to pay any additional amounts referred to therein.

 
(ii)
Indemnifiable Tax. Notwithstanding the definition of “Indemnifiable Tax” in Section 14 of this Agreement, all Taxes in relation to payments by Party A shall be Indemnifiable Taxes (including any Tax imposed in relation to a Credit Support Document or in relation to any payment thereunder) unless (i) such Taxes are assessed directly against Party B and not by deduction or withholding by Party A or (ii) arise as a result of a Change in Tax Law (in which case such Tax shall be an Indemnifiable Tax only if such Tax satisfies the definition of Indemnifiable Tax provided in Section 14). In relation to payments by Party B, no Tax shall be an Indemnifiable Tax.

Part 3.  Agreement to Deliver Documents.  

(a) For the purpose of Section 4(a)(i), tax forms, documents, or certificates to be delivered are:
 
Party required to deliver document
 
Form/Document/
Certificate
 
Date by which to
be delivered
         
Party A
 
An original properly completed and executed United States Internal Revenue Service Form W-9 (or any successor thereto) with respect to any payments received or to be received by Party A that eliminates U.S. federal withholding and backup withholding Tax on payments to Party A under this Agreement.
 
(i) upon execution of this Agreement, (ii) on or before the first payment date under this Agreement, including any Credit Support Document, (iii) promptly upon the reasonable demand by Party B, (iv) prior to the expiration or obsolescence of any previously delivered form, and (v) promptly upon the information on any such previously delivered form becoming inaccurate or incorrect.
         
Party B
 
(i) Upon execution of this Agreement, an original properly completed and executed United States Internal Revenue Service Form W-9 (or any successor thereto) with respect to any payments received or to be received by the initial beneficial owner of payments to Party B, and (ii) thereafter, the appropriate tax certification form (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as applicable (or any successor form thereto)) with respect to any payments received or to be received by the beneficial owner of payments to Party B under this Agreement from time to time.
 
(i) upon execution of this Agreement, (ii) on or before the first payment date under this Agreement, including any Credit Support Document, (iii) in the case of a tax certification form other than a Form W-9, before December 31 of each third succeeding calendar year, (iv) promptly upon the reasonable demand by Party B, (v) prior to the expiration or obsolescence of any previously delivered form, and (vi) promptly upon the information on any such previously delivered form becoming inaccurate or incorrect.
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

(b) For the purpose of Section 4(a)(ii), other documents to be delivered are:
 
Party required to deliver document
 
Form/Document/
Certificate
 
Date by which to
be delivered
 
Covered by Section 3(d) Representation
             
Party A and
Party B
 
Any documents required by the receiving party to evidence the authority of the delivering party or its Credit Support Provider, if any, for it to execute and deliver the Agreement, this Confirmation, and any Credit Support Documents to which it is a party, and to evidence the authority of the delivering party or its Credit Support Provider to perform its obligations under the Agreement, this Confirmation and any Credit Support Document, as the case may be
 
Upon the execution and delivery of this Agreement
 
Yes
             
Party A and
Party B
 
A certificate of an authorized officer of the party, as to the incumbency and authority of the respective officers of the party signing the Agreement, this Confirmation, and any relevant Credit Support Document, as the case may be
 
Upon the execution and delivery of this Agreement
 
Yes
             
Party A
 
Annual Report of Party A containing consolidated financial statements certified by independent certified public accountants and prepared in accordance with generally accepted accounting principles in the country in which Party A is organized
 
Upon request by Party B
 
Yes
             
Party A
 
Quarterly Financial Statements of Party A containing unaudited, consolidated financial statements of Party A’s fiscal quarter prepared in accordance with generally accepted accounting principles in the country in which Party A is organized
 
Upon request by Party B
 
Yes
             
Party A and
Party B
 
An opinion of counsel of such party regarding the enforceability of this Agreement in a form reasonably satisfactory to the other party.
 
Upon the execution and delivery of this Agreement
 
No
             
Party B
 
An executed copy of the Pooling and Servicing Agreement
 
Promptly upon filing of such agreement with the U.S. Securities and Exchange Commission
 
No

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


Part 4. Miscellaneous.

(a)
Address for Notices: For the purposes of Section 12(a) of this Agreement:

Address for notices or communications to Party A:
 
Address:
383 Madison Avenue, New York, New York 10179
 
Attention:
DPC Manager
 
Facsimile:
(212) 272-5823

with a copy to:

 
Address:
One Metrotech Center North, Brooklyn, New York 11201
 
Attention:
Derivative Operations 7th Floor
 
Facsimile:
(212) 272-1634

(For all purposes)

Address for notices or communications to Party B:

 
Address:
1761 East St. Andrew Place, Santa Ana, CA 92705-4934
 
Attention:
Impac Secured Assets Corp. Series 2007-1
c/o Deutsche Bank National Trust Company as Trustee
 
Facsimile:
(714) 247-6285
 
Phone:
(714) 247-6000


(For all purposes)

(b) Process Agent. For the purpose of Section 13(c):

Party A appoints as its Process Agent: Not applicable.

Party B appoints as its Process Agent: Not applicable.

(c)
Offices. The provisions of Section 10(a) will apply to this Agreement; neither Party A nor Party B has any Offices other than as set forth in the Notices Section.

(d)
Multibranch Party. For the purpose of Section 10(c) of this Agreement:

Party A is not a Multibranch Party.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


 
Party B is not a Multibranch Party.

(e)
Calculation Agent. The Calculation Agent is Party A.

(f) Credit Support Document. 
 
 
Party A:
The Credit Support Annex, and any guarantee in support of Party A’s obligations under this Agreement.

Party B: The Credit Support Annex.

(g)
Credit Support Provider.

Party A: The guarantor under any guarantee in support of Party A’s obligations under this Agreement.

Party B: None.

(h)
Governing Law. The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole, without regard to the conflict of law provisions thereof other than New York General Obligations Law Sections 5-1401 and 5-1402.

(i)
Netting of Payments. The parties agree that subparagraph (ii) of Section 2(c) will apply to each Transaction hereunder.

(j)
Affiliate. Party A and Party B shall be deemed to have no Affiliates for purposes of this Agreement, including for purposes of Section 6(b)(ii).
 
Part 5.  Others Provisions.

(a)
Definitions. Unless otherwise specified in a Confirmation, this Agreement and each Transaction under this Agreement are subject to the 2000 ISDA Definitions as published and copyrighted in 2000 by the International Swaps and Derivatives Association, Inc. (the “Definitions”), and will be governed in all relevant respects by the provisions set forth in the Definitions, without regard to any amendment to the Definitions subsequent to the date hereof. The provisions of the Definitions are hereby incorporated by reference in and shall be deemed a part of this Agreement, except that (i) references in the Definitions to a “Swap Transaction” shall be deemed references to a “Transaction” for purposes of this Agreement, and (ii) references to a “Transaction” in this Agreement shall be deemed references to a “Swap Transaction” for purposes of the Definitions. Each term capitalized but not defined in this Agreement shall have the meaning assigned thereto in the Pooling and Servicing Agreement.
 
(b) Amendments to ISDA Master Agreement.

 
(i)
Single Agreement. Section 1(c) is hereby amended by the adding the words “including, for the avoidance of doubt, the Credit Support Annex” after the words “Master Agreement”.

 
(ii)
[Reserved.]

 
(iii)
[Reserved.]
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
 
(iv)
Representations. Section 3 is hereby amended by adding at the end thereof the following subsection (g):

 
“(g)
Relationship Between Parties.

 
(1)
Nonreliance. (i) It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction, (ii) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent it has deemed necessary, and it has made its own investment, hedging and trading decisions based upon its own judgment and upon any advice from such advisors as it has deemed necessary and not upon any view expressed by the other party, (iii) it is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction; it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered investment advice or a recommendation to enter into this Transaction, and (iv) it has not received from the other party any assurance or guaranty as to the expected results of this Transaction.
 
 
(2)
Evaluation and Understanding. (i) It has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction and (ii) it understands the terms, conditions and risks of the Transaction and is willing and able to accept those terms and conditions and to assume those risks, financially and otherwise.

 
(3)
Purpose. It is entering into the Transaction for the purposes of managing its borrowings or investments, hedging its underlying assets or liabilities or in connection with a line of business.

 
(4)
Status of Parties. The other party is not acting as an agent, fiduciary or advisor for it in respect of the Transaction.

 
(5)
Eligible Contract Participant. It is an “eligible swap participant” as such term is defined in, Section 35.1(b)(2) of the regulations (17 C.F.R. 35) promulgated under, and an “eligible contract participant” as defined in Section 1(a)(12) of the Commodity Exchange Act, as amended.”

 
(v)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) deleting the last paragraph thereof and inserting the following in lieu thereof:

“Notwithstanding anything to the contrary in Section 7 (as amended herein) and Part 5(f), any transfer by Party A under this Section 6(b)(ii) shall not require the consent of Party B for such transfer if the following conditions are satisfied:

 
(1)
the transferee (the “Section 6 Transferee”) is an Eligible Replacement;

 
(2)
if the Section 6 Transferee is domiciled in a different country or political subdivision thereof from both Party A and Party B, such transfer satisfies the Rating Agency Condition;

 
(3)
the Section 6 Transferee will not, as a result of such transfer, be required on the next succeeding Scheduled Payment Date to withhold or deduct on account of any Tax (except in respect of default interest) amounts in excess of that which Party A would, on the next succeeding Scheduled Payment Date have been required to so withhold or deduct unless the Section 6 Transferee would be required to make additional payments pursuant to Section 2(d)(i)(4) corresponding to such excess;

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
 
(4)
a Termination Event or Event of Default does not occur as a result of such transfer; and

 
(5)
the Section 6 Transferee confirms in writing that it will accept all of the interests and obligations in and under this Agreement which are to be transferred to it in accordance with the terms of this provision.”

 
(vi)
Jurisdiction. Section 13(b) is hereby amended by: (i) deleting in the second line of subparagraph (i) thereof the word "non-", (ii) deleting “; and” from the end of subparagraph 1 and inserting “.” in lieu thereof, and (iii) deleting the final paragraph thereof.

 
(vii)
Local Business Day. The definition of Local Business Day in Section 14 is hereby amended by the addition of the words “or any Credit Support Document” after “Section 2(a)(i)” and the addition of the words “or Credit Support Document” after “Confirmation”.

(c)
Additional Termination Events. The following Additional Termination Events will apply:

(i)        S&P First Level Downgrade. If an S&P Approved Ratings Downgrade Event has occurred and is continuing and Party A fails to take any action described under Part (5)(d)(i)(1), within the time period specified therein, then an Additional Termination Event shall have occurred with respect to Party A, Party A shall be the sole Affected Party with respect to such Additional Termination Event and all Transactions hereunder shall be Affected Transaction.

(ii)      Moody’s First Rating Trigger Collateral. If (A) it is not the case that a Moody’s Second Trigger Ratings Event has occurred and been continuing for 30 or more Local Business Days and (B) Party A has failed to comply with or perform any obligation to be complied with or performed by Party A in accordance with the Credit Support Annex, then an Additional Termination Event shall have occurred with respect to Party A, Party A shall be the sole Affected Party with respect to such Additional Termination Event and all Transactions hereunder shall be Affected Transactions.

(iii)     S&P Second Level Downgrade. If an S&P Required Ratings Downgrade Event has occurred and is continuing and Party A fails to take any action described under Part (5)(d)(i)(2) within the time period specified therein, then an Additional Termination Event shall have occurred with respect to Party A, Party A shall be the sole Affected Party with respect to such Additional Termination Event and all Transactions hereunder shall be Affected Transaction.

(iv)    Moody’s Second Rating Trigger Replacement. If (A) a Moody’s Second Trigger Ratings Event has occurred and been continuing for 30 or more Local Business Days and (B) (i) at least one Eligible Replacement has made a Firm Offer to be the transferee of all of Party A’s rights and obligations under this Agreement (and such Firm Offer remains an offer that will become legally binding upon such Eligible Replacement upon acceptance by the offeree) and/or (ii) an Eligible Guarantor has made a Firm Offer to provide an Eligible Guarantee (and such Firm Offer remains an offer that will become legally binding upon such Eligible Guarantor immediately upon acceptance by the offeree), then an Additional Termination Event shall have occurred with respect to Party A, Party A shall be the sole Affected Party with respect to such Additional Termination Event and all Transactions hereunder shall be Affected Transactions.
 
(v)     Amendment of the Pooling and Servicing Agreement. If, without the prior written consent of Party A where such consent is required under the Pooling and Servicing Agreement (such consent not to be unreasonably withheld), an amendment is made to the Pooling and Servicing Agreement which amendment could reasonably be expected to have a material adverse effect on the interests of Party A under this Agreement, an Additional Termination Event shall have occurred with respect to Party B, Party B shall be the sole Affected Party with respect to such Additional Termination Event and all Transactions hereunder shall be Affected Transactions.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

(vi)    [Reserve]


(vii)    Failure to Pay Class A Certificates. If the Trustee on behalf of the Trust is unable to pay, or fails or admits in writing its inability to pay (1) on any Distribution Date, any Accrued Certificate Interest Distribution Amount with respect to the Class A Certificates or (2) by the Distribution Date immediately following the maturity date for the Mortgage Loan with the latest maturity date, the ultimate payment of principal with respect to the Class A Certificates, in either case to the extent required pursuant to the terms of the Pooling and Servicing Agreement to be paid to the Class A Certificates, then an Additional Termination Event shall have occurred with respect to Party B, Party B shall be the sole Affected Party and all Transactions hereunder shall be Affected Transactions. This provision shall be applicable only with respect to the Transaction identified by the reference number FXNSC9230, and shall not apply to any other Transaction.

(d)
Rating Agency Downgrade.  

(i) S&P Downgrade:

 
(1)
In the event that an S&P Approved Ratings Downgrade Event occurs and is continuing, then within 30 days after such rating downgrade, Party A shall, subject to the Rating Agency Condition with respect to S&P, at its own expense, either (i) procure a Permitted Transfer, (ii) obtain an Eligible Guarantee or (iii) post collateral in accordance with the Credit Support Annex.

 
(2)
In the event that an S&P Required Ratings Downgrade Event occurs and is continuing, then within 10 Local Business Days after such rating withdrawal or downgrade, Party A shall, subject to the Rating Agency Condition with respect to S&P, at its own expense, procure either (i) a Permitted Transfer or (ii) an Eligible Guarantee.

(ii)  Moody’s Downgrade.

 
(1)
In the event that a Moody’s Second Trigger Ratings Event occurs and is continuing, Party A shall, as soon as reasonably practicable thereafter, at its own expense and using commercially reasonable efforts, either (i) procure a Permitted Transfer or (ii) obtain an Eligible Guarantee.
 
(e)
Item 1115 Agreement. Party A and Party B hereby agree that the terms of the Item 1115 Agreement, dated as of February 22, 2007 (the “Item 1115 Agreement”), among Impac Funding Corporation (“Sponsor”), Impac Secured Assets Corp., (“Depositor”), and Party A (the “Derivative Provider”) shall be incorporated by reference into this Agreement and Party B shall be an express third party beneficiary of the Item 1115 Agreement. A copy of the Item 1115 Agreement is annexed hereto at Annex B.
 

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


(f)
Transfers. 
 
(i) Section 7 is hereby amended to read in its entirety as follows:
 
“Except with respect to a Permitted Transfer pursuant to Section 6(b)(ii), Part 5(d), the Item 1115 Agreement, Part 5(b)(v) or the succeeding sentence, neither Party A nor Party B is permitted to assign, novate or transfer (whether by way of security or otherwise) as a whole or in part any of its rights, obligations or interests under the Agreement or any Transaction unless (a) the prior written consent of the other party is obtained and (b) the Rating Agency Condition has been satisfied with respect to S&P. At any time at which no Relevant Entity has credit ratings at least equal to the Approved Ratings Threshold, Party A may make a Permitted Transfer.”
 
 
(ii)
If an Eligible Replacement has made a Firm Offer (which remains an offer that will become legally binding upon acceptance by Party B) to be the transferee pursuant to a Permitted Transfer, Party B shall, at Party A’s written request and at Party A’s expense, execute such documentation provided to it as is reasonably deemed necessary by Party A to effect such transfer.
 
(g)
Non-Recourse. Party A acknowledges and agree that, notwithstanding any provision in this Agreement to the contrary, the obligations of Party B hereunder are limited recourse obligations of Party B, payable solely from the Supplemental Interest Trust and the proceeds thereof, in accordance with the priority of payments and other terms of the Pooling and Servicing Agreement and that Party A will not have any recourse to any of the directors, officers, agents, employees, shareholders or affiliates of Party B with respect to any claims, losses, damages, liabilities, indemnities or other obligations in connection with any transactions contemplated hereby. In the event that the Supplemental Interest Trust and the proceeds thereof, should be insufficient to satisfy all claims outstanding and following the realization of the Supplemental Interest Trust and the proceeds thereof, any claims against or obligations of Party B under this Agreement or any other confirmation thereunder still outstanding shall be extinguished and thereafter not revive. The Supplemental Interest Trust Trustee shall not have liability for any failure or delay in making a payment hereunder to Party A due to any failure or delay in receiving amounts in the Supplemental Interest Trust from the Trust created pursuant to the Pooling and Servicing Agreement. This provision will survive the termination of this Agreement.

(h)
Timing of Payments by Party B upon Early Termination. Notwithstanding anything to the contrary in Section 6(d)(ii), to the extent that all or a portion (in either case, the “Unfunded Amount”) of any amount that is calculated as being due in respect of any Early Termination Date under Section 6(e) from Party B to Party A will be paid by Party B from amounts other than any upfront payment paid to Party B by an Eligible Replacement that has entered a Replacement Transaction with Party B, then such Unfunded Amount shall be due on the next subsequent Distribution Date following the date on which the payment would have been payable as determined in accordance with Section 6(d)(ii), and on any subsequent Distribution Dates until paid in full (or if such Early Termination Date is the final Distribution Date, on such final Distribution Date); provided, however, that if the date on which the payment would have been payable as determined in accordance with Section 6(d)(ii) is a Distribution Date, such payment will be payable on such Distribution Date.

(i)
Rating Agency Notifications. Notwithstanding any other provision of this Agreement, no Early Termination Date shall be effectively designated hereunder by Party B and no transfer of any rights or obligations under this Agreement shall be made by either party unless each Swap Rating Agency has been given prior written notice of such designation or transfer.

(j)
No Set-off. Except as expressly provided for in Section 2(c), Section 6 or Part 1(f)(i)(D) hereof, and notwithstanding any other provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. Section 6(e) shall be amended by deleting the following sentence: “The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section will be subject to any Set-off.”.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
(k)
Amendment. Notwithstanding any provision to the contrary in this Agreement, no amendment of either this Agreement or any Transaction under this Agreement shall be permitted by either party unless each of the Swap Rating Agencies has been provided prior written notice of the same and such amendment satisfies the Rating Agency Condition with respect to S&P.

(l)
Notice of Certain Events or Circumstances. Each Party agrees, upon learning of the occurrence or existence of any event or condition that constitutes (or that with the giving of notice or passage of time or both would constitute) an Event of Default or Termination Event with respect to such party, promptly to give the other Party and to each Swap Rating Agency notice of such event or condition; provided that failure to provide notice of such event or condition pursuant to this Part 5(l) shall not constitute an Event of Default or a Termination Event.
 
(m) Proceedings. No Relevant Entity shall institute against, or cause any other person to institute against, or join any other person in instituting against Party B, the Supplemental Interest Trust, or the trust formed pursuant to the Pooling and Servicing Agreement, in any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any federal or state bankruptcy or similar law for a period of one year (or, if longer, the applicable preference period) and one day following payment in full of the Certificates and any Notes. This provision will survive the termination of this Agreement. 

(n)
Supplemental Interest Trust Trustee Liability Limitations. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by Deutsche Bank National Trust Company (“Deutsche”) not in its individual capacity, but solely as Supplemental Interest Trust Trustee under the Pooling and Servicing Agreement in the exercise of the powers and authority conferred and invested in it thereunder; (b) Deutsche has been directed pursuant to the Pooling and Servicing Agreement to enter into this Agreement and to perform its obligations hereunder; (c) each of the representations, warranties, covenants, undertakings and agreements herein made on behalf of the Supplemental Interest Trust are made and intended not as personal representations, undertakings and agreements by Deutsche but are made and intended for the purpose of binding only the Supplemental Interest Trust; and (d) nothing herein contained shall be construed as creating any liability on Deutsche Bank National Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties who are signatories to this Agreement and by any Trust company be personally liable for the payment of any indemnity, indebtedness, fees or expenses of the Supplemental Interest Trust or be liable for the breach or failure of any obligations, representation, warranty or covenant made or undertaken by the Supplemental Interest Trust under this Agreement. .

(o)
Severability. If any term, provision, covenant, or condition of this Agreement, or the application thereof to any party or circumstance, shall be held to be invalid or unenforceable (in whole or in part) in any respect, the remaining terms, provisions, covenants, and conditions hereof shall continue in full force and effect as if this Agreement had been executed with the invalid or unenforceable portion eliminated, so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter of this Agreement and the deletion of such portion of this Agreement will not substantially impair the respective benefits or expectations of the parties; provided, however, that this severability provision shall not be applicable if any provision of Section 2, 5, 6, or 13 (or any definition or provision in Section 14 to the extent it relates to, or is used in or in connection with any such Section) shall be so held to be invalid or unenforceable.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


The parties shall endeavor to engage in good faith negotiations to replace any invalid or unenforceable term, provision, covenant or condition with a valid or enforceable term, provision, covenant or condition, the economic effect of which comes as close as possible to that of the invalid or unenforceable term, provision, covenant or condition.

(p)
Agent for Party B. Party A acknowledges that Party B has appointed the Supplemental Interest Trust Trustee as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Supplemental Interest Trust Trustee and the Swap Administrator shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.
 
 (q)
Limitation on Events of Default. Notwithstanding the provisions of Sections 5 and 6, if at any time and so long as Party B has satisfied in full all its payment obligations under Section 2(a)(i) in respect of each Transaction with the reference numbers FXNCC9210, FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228; FXNCC9229 and FXNCC9238    (each, a “Cap Transaction”) and has at the time no future payment obligations, whether absolute or contingent, under such Section in respect of such Cap Transaction, then unless Party A is required pursuant to appropriate proceedings to return to Party B or otherwise returns to Party B upon demand of Party B any portion of any such payment in respect of such Cap Transaction, (a) the occurrence of an event described in Section 5(a) with respect to Party B shall not constitute an Event of Default or Potential Event of Default with respect to Party B as Defaulting Party in respect of such Cap Transaction and (b) Party A shall be entitled to designate an Early Termination Date pursuant to Section 6 in respect of such Cap Transaction only as a result of the occurrence of a Termination Event set forth in either Section 5(b)(i) or 5(b)(ii) with respect to Party A as the Affected Party, or Section 5(b)(iii) with respect to Party A as the Burdened Party. For purposes of the Transaction to which this Agreement relates, Party B’s only obligation under Section 2(a)(i) in respect of such Cap Transaction is to pay the Fixed Amount on the Fixed Amount Payer Payment Date.
 
(r)
Consent to Recording. Each party hereto consents to the monitoring or recording, at any time and from time to time, by the other party of any and all communications between trading, marketing, and operations personnel of the parties and their Affiliates, waives any further notice of such monitoring or recording, and agrees to notify such personnel of such monitoring or recording.
 
(s)
Waiver of Jury Trial. Each party waives any right it may have to a trial by jury in respect of any in respect of any suit, action or proceeding relating to this Agreement or any Credit Support Document.
 
(t)
Payment Instructions. Party A hereby agrees that, unless notified in writing by Party B of other payment instructions, any and all amounts payable by Party A to Party B under this Agreement shall be paid to the account specified in Item 4 of this Confirmation, below.

(u)
Capacity. Party A represents to Party B on the date on which Party A enters into this Agreement that it is entering into the Agreement and the Transaction as principal and not as agent of any person. The Supplemental Interest Trust Trustee represents to Party A on the date on which Party B enters into this Agreement that the Supplemental Interest Trust Trustee is executing the Agreement not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust.

(v)
Substantial financial transactions. Each party hereto is hereby advised and acknowledges as of the date hereof that the other party has engaged in (or refrained from engaging in) substantial financial transactions and has taken (or refrained from taking) other material actions in reliance upon the entry by the parties into the Transaction being entered into on the terms and conditions set forth herein and in the Pooling and Servicing Agreement relating to such Transaction, as applicable. This paragraph shall be deemed repeated on the trade date of each Transaction.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

 
(w)
Optional Termination. In connection with the optional termination of the trust fund pursuant to Section 9.01 of the Pooling and Servicing Agreement, with effect following all distributions on the final Distribution Date under the Pooling and Servicing Agreement (such date, the “Optional Termination Distribution Date”):
 
(a) (1) (A) Party B hereby assigns all of its rights and delegates all of its liabilities and obligations to Impac Mortgage Holdings, Inc., (“IMHI”) and IMHI hereby assumes all of Party B’s rights, liabilities, and obligations, under the Confirmations arising after the final distributions on the Optional Termination Distribution Date (the “Assigned Transactions”) and (B) Party A hereby consents to such assignment, delegation and assumption;
 
(2)  Party A and IMHI agree to enter into the Assigned Transactions as evidenced by confirmations (the “New Confirmations”) and each such New Confirmation will constitute a Confirmation (as that word is defined in the New Agreement, defined below) that supplements, forms a part of, and is subject to, an agreement (the “New Agreement”) in the form of the 1992 Multicurrency - Cross Border Master Agreement in the form published by the International Swaps and Derivatives Association, Inc. (the “ISDA Form”), executed by Party A and IMHI, but without any Schedule except for the election of the State of New York as the governing law and USD as the Termination Currency (as that word is defined in the New Agreement). Party A and IMHI further agree that such New Confirmations shall have substantially identical terms to the Assigned Transactions and Confirmations.
 
 
(b)
Party A and Party B are each released and discharged from further obligations owed under and in respect of the Assigned Transactions and their respective rights against each other thereunder are cancelled;
 
 
(c)
Party A hereby agrees that IMHI may do one of the following with each of the Assigned Transactions and the New Confirmations:
 
(i) retain such Assigned Transaction and New Confirmation;
 
 
(ii)
assign all of its rights and delegate all of its liabilities and obligations under such Assigned Transaction and New Confirmation to a third party, such assignment and delegation to be effective upon the receipt of written consent thereto from Party A (in its sole and absolute discretion); or
 
 
(iii)
terminate such Assigned Transaction by giving three Business Days’ prior written notice to Party A (the “Optional Swap Termination”). In connection with the Optional Swap Termination, if any, a termination payment (if any) shall be payable by IMHI or Party A, as applicable, as determined by the Calculation Agent by the application of Section 6(e)(ii) of the ISDA Form Master Agreement, with Market Quotation and Second Method being the applicable method for determining the termination payment. The exercise of the right to terminate under this provision shall not be an Event of Default under any of the other Transactions between IMHI and Bear Stearns Financial Products Inc. For purposes of the Optional Swap Termination, IMHI shall be the sole Affected Party.
 
 
(d)
If IMHI exercises its right to retain an Assigned Transaction and New Confirmation pursuant to Part 5(w)(a)(2) of this Agreement, then Party A has the right to do one of the following with each such Assigned Transaction and New Confirmation:
 
(i) retain such Assigned Transaction and New Confirmation;

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

(ii) assign all of its rights and delegate all of its liabilities and obligations under such Assigned Transaction to a subsidiary of The Bear Stearns Companies, Inc. without the consent of IMHI;
 
or
 
(iii) assign all of its rights and delegate all of its liabilities and obligations under such Assigned Transaction to a third party with the consent of IMHI; provided, however, that if Party A exercises its right to assign such Assigned Transaction under (ii) or (iii) above the counterparty shall be an entity that (1) has executed an ISDA Master Agreement with IMHI and (2) agrees to accept all of the terms and conditions of such Assigned Transaction and New Confirmation without amendment or supplement.
 
(x)
[Reserved].

(y) Additional Definitions. 
 
As used in this Agreement, the following terms shall have the meanings set forth below, unless the context clearly requires otherwise:
 
“Approved Ratings Threshold” means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

“Approved Replacement” means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b),(c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

“Eligible Guarantee” means an unconditional and irrevocable guarantee of all present and future payment obligations and obligations to post collateral of Party A or an Eligible Replacement to Party B under this Agreement that is provided by an Eligible Guarantor as principal debtor rather than surety and that is directly enforceable by Party B, the form and substance of which guarantee are subject to the Rating Agency Condition with respect to S&P.

Eligible Guarantor” means an entity that (A) has credit ratings from S&P at least equal to the S&P Approved Ratings Threshold and (B) has credit ratings from Moody’s at least equal to the Moody’s Second Trigger Ratings Threshold, provided, for the avoidance of doubt, that an Eligible Guarantee of an Eligible Guarantor with credit ratings below the Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as defined in the Credit Support Annex) to occur or continue with respect to Moody’s.  An Eligible Guarantor shall provide Party B in writing all credit ratings described in this definition, upon request of Party B.

Eligible Replacement” means an entity (A) (i) (a) that has credit ratings from S&P at least equal to the S&P Approved Ratings Threshold, and (b) has credit ratings from Moody’s at least equal to the Moody’s Second Trigger Ratings Threshold, provided, for the avoidance of doubt, that an Eligible Replacement with credit ratings below the Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as defined in the Credit Support Annex) not to occur or continue with respect to Moody’s, or (ii) the present and future obligations (for the avoidance of doubt, not limited to payment obligations) of which entity to Party B under this Agreement are guaranteed pursuant to an Eligible Guarantee and (B) that has executed an Item 1115 Agreement with Depositor and Sponsor. An Eligible Guarantor shall provide Party B in writing all credit ratings described in this definition, upon request of Party B.
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


“Estimated Swap Termination Payment” means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of this Agreement, taking into account then current market conditions.

“Firm Offer” means (A) with respect to an Eligible Replacement, a quotation from such Eligible Replacement (i) in an amount equal to the actual amount payable by or to Party B in consideration of an agreement between Party B and such Eligible Replacement to replace Party A as the counterparty to this Agreement by way of novation or, if such novation is not possible, an agreement between Party B and such Eligible Replacement to enter into a Replacement Transaction (assuming that all Transactions hereunder become Terminated Transactions), and (ii) that constitutes an offer by such Eligible Replacement to replace Party A as the counterparty to this Agreement or enter a Replacement Transaction that will become legally binding upon such Eligible Replacement upon acceptance by Party B, and (B) with respect to an Eligible Guarantor, an offer by such Eligible Guarantor to provide an Eligible Guarantee that will become legally binding upon such Eligible Guarantor upon acceptance by the offeree.

“Moody’s” means Moody’s Investors Service, Inc., or any successor thereto.

“Moody’s First Trigger Ratings Event” means that no Relevant Entity has credit ratings from Moody’s at least equal to the Moody’s First Trigger Ratings Threshold.

“Moody’s First Trigger Ratings Threshold” means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

“Moody’s Second Trigger Ratings Event” means that no Relevant Entity has credit ratings from Moody’s at least equal to the Moody’s Second Trigger Ratings Threshold.

“Moody’s Second Trigger Ratings Threshold” means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

“Permitted Transfer” means a transfer by novation by Party A pursuant to Section 6(b)(ii), Part 5(d), the Item 1115 Agreement, Part 5(b)(v), or the second sentence of Section 7 (as amended herein) to a transferee (the “Transferee”) of all, but not less than all, of Party A’s rights, liabilities, duties and obligations under this Agreement, with respect to which transfer each of the following conditions is satisfied: (a) the Transferee is an Eligible Replacement; (b) Party A and the Transferee are both “dealers in notional principal contracts” within the meaning of Treasury regulations section 1.1001-4 (in each case as certified by such entity); (c) as of the date of such transfer the Transferee would not be required to withhold or deduct on account of Tax from any payments under this Agreement or would be required to gross up for such Tax under Section 2(d)(i)(4); (d) an Event of Default or Termination Event would not occur as a result of such transfer; (e) pursuant to a written instrument (the “Transfer Agreement”), the Transferee acquires and assumes all rights and obligations of Party A under the Agreement and the relevant Transaction; (f) Party B shall have determined, in its sole discretion, acting in a commercially reasonable manner, that such Transfer Agreement is effective to transfer to the Transferee all, but not less than all, of Party A’s rights and obligations under the Agreement and all relevant Transactions; (g) Party A will be responsible for any costs or expenses incurred in connection with such transfer (including any replacement cost of entering into a replacement transaction); (h) either (A) Moody’s has been given prior written notice of such transfer and the Rating Agency Condition is satisfied with respect to S&P or (B) each Swap Rating Agency has been given prior written notice of such transfer and such transfer is in connection with the assignment and assumption of this Agreement without modification of its terms, other than party names, dates relevant to the effective date of such transfer, tax representations (provided that the representations in Part 2(a)(i) are not modified) and any other representations regarding the status of the substitute counterparty of the type included in Part 5(b)(iv), Part 5(v)(i)(2) or Part 5(v)(ii), notice information and account details; and (i) such transfer otherwise complies with the terms of the Pooling and Servicing Agreement.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.

“Rating Agency Condition” means, with respect to any particular proposed act or omission to act hereunder and each Swap Rating Agency specified in connection with such proposed act or omission, that the party acting or failing to act must consult with each of the specified Swap Rating Agencies and receive from each such Swap Rating Agency a prior written confirmation that the proposed action or inaction would not cause a downgrade or withdrawal of the then-current rating of any Certificates or Notes.

“Relevant Entity” means Party A and, to the extent applicable, a guarantor under an Eligible Guarantee.

“Replacement Transaction” means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

“Required Ratings Downgrade Event” means that no Relevant Entity has credit ratings at least equal to the Required Ratings Threshold. For purposes of determining whether a Required Ratings Downgrade Event has occurred, each Relevant Entity shall provide its credit ratings to Party B in writing, upon request of Party B.

“Required Ratings Threshold” means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

“S&P” means Standard & Poor's Rating Services, a division of The McGraw-Hill Companies, Inc., or any successor thereto.

“S&P Approved Ratings Downgrade Event” means that no Relevant Entity has credit ratings at least equal to the S&P Approved Ratings Threshold.

Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


“S&P Approved Ratings Threshold” means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

“S&P Required Ratings Downgrade Event” means that no Relevant Entity has credit ratings at least equal to the S&P Required Ratings Threshold.

“S&P Required Ratings Threshold” means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “BBB-”.

“Swap Rating Agencies” means, with respect to any date of determination, each of S&P and Moody’s, to the extent that each such rating agency is then providing a rating for any of the Impac Secured Assets Trust 2007-1, Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-1 (the “Certificates”) or any notes backed by the Certificates (the “Notes”).

 



Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.


IN WITNESS WHEREOF, the parties have executed this Schedule by their duly authorized officers as of the date hereof.


BEAR STEARNS FINANCIAL PRODUCTS INC.

 
By:  _______________________________
Name:
Title:



DEUTSCHE BANK NATIONAL TRUST COMPANY, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS SUPPLEMENTAL INTEREST TRUST TRUSTEE ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST WITH RESPECT TO THE IMPAC SECURED ASSETS TRUST 2007-1, IMPAC SECURED ASSETS CORP., MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1.

 
By:  _______________________________
Name:
Title:
 


Agreed to by:

Impac Mortgage Holdings, Inc., solely with respect to its rights and
obligations under Part 5(w) hereof  
 

By:  _______________________________
Name:
Title:
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.



Annex A

Paragraph 13 of the Credit Support Annex





Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.



Annex B

1115 Agreement
 
 
 
 
 
 
 
 
Reference Numbers: FXNCC9218, FXNCC9219, FXNCC9220, FXNCC9221, FXNCC9222, FXNCC9223, FXNCC9224, FXNCC9225, FXNCC9226, FXNCC9227, FXNCC9228, FXNCC9229, FXNCC9238, FXNCC9239 and FXNSC9240.




EXHIBIT N

SERVICING CRITERIA TO BE ADDRESSED
IN ASSESSMENT OF COMPLIANCE
(RMBS unless otherwise noted)


Where there are multiple checks for criteria the attesting party will identify in their management assertion that they are attesting only to the portion of the distribution chain they are responsible for in the related transaction agreements.

Key: X - obligation

Reg AB Reference
Servicing Criteria
Sub-Servicer
Master Servicer
Trustee
 
General Servicing Considerations
     
1122(d)(1)(i)
Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.
X
X
X
1122(d)(1)(ii)
If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities.
To the extent applicable
X
 
1122(d)(1)(iii)
Any requirements in the transaction agreements to maintain a back-up servicer for the Pool Assets are maintained.
     
1122(d)(1)(iv)
A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.
X
X
 
 
Cash Collection and Administration
     
1122(d)(2)(i)
Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements.
X
X
X
1122(d)(2)(ii)
Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.
X
X
X
1122(d)(2)(iii)
Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements.
X
X
 
1122(d)(2)(iv)
The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.
X
X
X
 
N-1

 
1122(d)(2)(v)
Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act.
X
X
X
1122(d)(2)(vi)
Unissued checks are safeguarded so as to prevent unauthorized access.
If applicable
   
1122(d)(2)(vii)
Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements.
X
X
X
 
Investor Remittances and Reporting
     
1122(d)(3)(i)
Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of Pool Assets serviced by the Sub-Servicer.
 
X
X
1122(d)(3)(ii)
Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements.
 
X
X
1122(d)(3)(iii)
Disbursements made to an investor are posted within two business days to the Sub-Servicer’s investor records, or such other number of days specified in the transaction agreements.
 
X
X
1122(d)(3)(iv)
Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.
 
X
X
 
Pool Asset Administration
     
1122(d)(4)(i)
Collateral or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.
 
X
X
 
N-2

 
1122(d)(4)(ii)
Pool assets and related documents are safeguarded as required by the transaction agreements
 
X
X
1122(d)(4)(iii)
Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements.
X
X
X
1122(d)(4)(iv)
Payments on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the Sub-Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related pool asset documents.
X
   
1122(d)(4)(v)
The Sub-Servicer’s records regarding the pool assets agree with the Sub-Servicer’s records with respect to an obligor’s unpaid principal balance.
X
   
1122(d)(4)(vi)
Changes with respect to the terms or status of an obligor's pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.
X
X
 
1122(d)(4)(vii)
Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.
X
X
 
1122(d)(4)(viii)
Records documenting collection efforts are maintained during the period a pool asset is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).
X
   
1122(d)(4)(ix)
Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.
X
X
 
1122(d)(4)(x)
Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements.
X
   
 
N-3

 
1122(d)(4)(xi)
Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the Sub-Servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements.
X
   
1122(d)(4)(xii)
Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the Sub-Servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission.
X
   
1122(d)(4)(xiii)
Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the Sub-Servicer, or such other number of days specified in the transaction agreements.
X
   
1122(d)(4)(xiv)
Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.
X
X
 
1122(d)(4)(xv)
Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.
 
X
X


N-4



EXHIBIT O

FORM 10-D, FORM 8-K AND FORM 10-K
REPORTING RESPONSIBILITY


As to each item described below, the entity indicated as the Responsible Party shall be primarily responsible for reporting the information to the Trustee pursuant to Section 3.25. If the Trustee is indicated below as to any item, then the Trustee is primarily responsible for obtaining that information.

Under Item 1 of Form 10-D: a) items marked “4.02 statement” are required to be included in the periodic Distribution Date statement under Section 4.02, provided by the Trustee based on information received from the Master Servicer; and b) items marked “Form 10-D report” are required to be in the Form 10-D report but not the 4.02 statement, provided by the party indicated. Information under all other Items of Form 10-D is to be included in the Form 10-D report.


Form
Item
Description
Responsible Party
10-D
Must be filed within 15 days of the Distribution Date.
 
1
Distribution and Pool Performance Information
 
Item 1121(a) - Distribution and Pool Performance Information
 
(1) Any applicable record dates, accrual dates, determination dates for calculating distributions and actual distribution dates for the distribution period.
4.02 statement
(2) Cash flows received and the sources thereof for distributions, fees and expenses.
4.02 statement
(3) Calculated amounts and distribution of the flow of funds for the period itemized by type and priority of payment, including:
4.02 statement
(i) Fees or expenses accrued and paid, with an identification of the general purpose of such fees and the party receiving such fees or expenses.
4.02 statement
 
O-1

Form
Item
Description
Responsible Party
   
(ii) Payments accrued or paid with respect to enhancement or other support identified in Item 1114 of Regulation AB (such as insurance premiums or other enhancement maintenance fees), with an identification of the general purpose of such payments and the party receiving such payments.
4.02 statement
(iii) Principal, interest and other distributions accrued and paid on the asset-backed securities by type and by class or series and any principal or interest shortfalls or carryovers.
4.02 statement
(iv) The amount of excess cash flow or excess spread and the disposition of excess cash flow.
4.02 statement
(4) Beginning and ending principal balances of the asset-backed securities.
4.02 statement
(5) Interest rates applicable to the pool assets and the asset-backed securities, as applicable. Consider providing interest rate information for pool assets in appropriate distributional groups or incremental ranges.
4.02 statement
(6) Beginning and ending balances of transaction accounts, such as reserve accounts, and material account activity during the period.
4.02 statement
(7) Any amounts drawn on any credit enhancement or other support identified in Item 1114 of Regulation AB, as applicable, and the amount of coverage remaining under any such enhancement, if known and applicable.
4.02 statement
(8) Number and amount of pool assets at the beginning and ending of each period, and updated pool composition information, such as weighted average coupon, weighted average life, weighted average remaining term, pool factors and prepayment amounts.
4.02 statement
 
Updated pool composition information fields to be as specified by Depositor from time to time
(9) Delinquency and loss information for the period.
 
In addition, describe any material changes to the information specified in Item 1100(b)(5) of Regulation AB regarding the pool assets.
4.02 statement.
 
 
Form 10-D report: Depositor
(10) Information on the amount, terms and general purpose of any advances made or reimbursed during the period, including the general use of funds advanced and the general source of funds for reimbursements.
4.02 statement
 
O-2


Form
Item
Description
Responsible Party
   
(11) Any material modifications, extensions or waivers to pool asset terms, fees, penalties or payments during the distribution period or that have cumulatively become material over time.
Form 10-D report; Sub-Servicer
(12) Material breaches of pool asset representations or warranties or transaction covenants.
Form 10-D report: Sub-Servicer
(13) Information on ratio, coverage or other tests used for determining any early amortization, liquidation or other performance trigger and whether the trigger was met.
4.02 statement
(14) Information regarding any new issuance of asset-backed securities backed by the same asset pool,
[information regarding] any pool asset changes (other than in connection with a pool asset converting into cash in accordance with its terms), such as additions or removals in connection with a prefunding or revolving period and pool asset substitutions and repurchases (and purchase rates, if applicable), and cash flows available for future purchases, such as the balances of any prefunding or revolving accounts, if applicable.
Disclose any material changes in the solicitation, credit-granting, underwriting, origination, acquisition or pool selection criteria or procedures, as applicable, used to originate, acquire or select the new pool assets.
Form 10-D report: Depositor
 
Form 10-D report: Depositor
 
 
 
 
Form 10-D report: Depositor
Item 1121(b) - Pre-Funding or Revolving Period Information
Updated pool information as required under Item 1121(b).
Depositor
2
Legal Proceedings
 
 
O-3

 
Form
Item
Description
Responsible Party
   
Item 1117 - Legal proceedings pending against the following entities, or their respective property, that is material to Certificateholders, inc luding proceedings known to be contemplated by governmental authorities:
Seller
Depositor
Trustee
Trustee
Issuing entity
Master Servicer
Originator
 
 
 
Seller
Depositor
Trustee
Trustee
Depositor
Master Servicer
Originator
3
Sales of Securities and Use of Proceeds
 
Information from Item 2(a) of Part II of Form 10-Q:
 
With respect to any sale of securities by the sponsor, depositor or issuing entity, that are backed by the same asset pool or are otherwise issued by the issuing entity, whether or not registered, provide the sales and use of proceeds information in Item 701 of Regulation S-K. Pricing information can be omitted if securities were not registered.
 
 
 
Depositor
4
Defaults Upon Senior Securities
 
Information from Item 3 of Part II of Form 10-Q:
 
Report the occurrence of any Event of Default (after expiration of any grace period and provision of any required notice)
 
 
 
N/A
5
Submission of Matters to a Vote of Security Holders
 
Information from Item 4 of Part II of Form 10-Q
Trustee
6
Significant Obligors of Pool Assets
 
Item 1112(b) - Significant Obligor Financial Information*
N/A
*This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Item.
 
7
Significant Enhancement Provider Information
 
 
O-4

 
Form
Item
Description
Responsible Party
   
Item 1114(b)(2) - Credit Enhancement Provider Financial Information*
Determining applicable disclosure threshold
Obtaining required financial information or effecting incorporation by reference
 
N/A
N/A
Item 1115(b) - Derivative Counterparty Financial Information*
Determining current maximum probable exposure
Determining current significance percentage
Obtaining required financial information or effecting incorporation by reference
Depositor
*This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Items.
 
8
Other Information
 
Disclose any information required to be reported on Form 8-K during the period covered by the Form 10-D but not reported
The Responsible Party for the applicable Form 8-K item as indicated below
9
Exhibits
 
Distribution report
Trustee
Exhibits required by Item 601 of Regulation S-K, such as material agreements
Depositor
8-K
Must be filed within four business days of an event reportable on Form 8-K.
1.01
Entry into a Material Definitive Agreement
 
Disclosure is required regarding entry into or amendment of any definitive agreement that is material to the securitization, even if depositor is not a party.
Examples: servicing agreement, custodial agreement.
Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus
Depositor
1.02
Termination of a Material Definitive Agreement
 
 
O-5

 
Form
Item
Description
Responsible Party
   
Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance with its terms), even if depositor is not a party.
Examples: servicing agreement, custodial agreement.
Depositor
1.03
Bankruptcy or Receivership
 
Disclosure is required regarding the bankruptcy or receivership, if known to the Depositor, Sub-Servicer or Trustee, with respect to any of the following:
Sponsor (Seller), Depositor, Sub-Servicer, Trustee, Swap Provider, Custodian
Depositor/Sub-Servicer
2.04
Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
 
Includes an early amortization, performance trigger or other event, including event of default, that would materially alter the payment priority/distribution of cash flows/amortization schedule.
Disclosure will be made of events other than waterfall triggers which are disclosed in the 4.02 statement
N/A
3.03
Material Modification to Rights of Security Holders
 
Disclosure is required of any material modification to documents defining the rights of Certificateholders, including the Pooling and Servicing Agreement
Party requesting material modification
5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
 
Disclosure is required of any amendment “to the governing documents of the issuing entity”
Depositor
5.06
Change in Shell Company Status
 
[Not applicable to ABS issuers]
Depositor
6.01
ABS Informational and Computational Material
 
[Not included in reports to be filed under Section 3.25]
Depositor
6.02
Change of Master Servicer or Trustee
 
 
O-6

 
Form
Item
Description
Responsible Party
   
Requires disclosure of any removal, replacement, substitution or addition of any master servicer, affiliated servicer, other servicer servicing 10% or more of pool assets at time of report, other material servicers, certificate administrator or trustee. Reg AB disclosure about any new servicer or trustee is also required.
Trustee or Master Servicer
6.03
Change in Credit Enhancement or Other External Support
 
Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. Reg AB disclosure about any new enhancement provider is also required.
Depositor
6.04
Failure to Make a Required Distribution
Trustee
6.05
Securities Act Updating Disclosure
 
If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool.
Depositor
If there are any new servicers or originators required to be disclosed under Regulation AB as a result of the foregoing, provide the information called for in Items 1108 and 1110 respectively.
Depositor
7.01
Regulation FD Disclosure
Depositor
8.01
Other Events
 
Any event, with respect to which information is not otherwise called for in Form 8-K, that the registrant deems of importance to security holders.
Depositor
9.01
Financial Statements and Exhibits
The Responsible Party applicable to reportable event
10-K
Must be filed within 90 days of the fiscal year end for the registrant.
9B
Other Information
 
Disclose any information required to be reported on Form 8-K during the fourth quarter covered by the Form 10-K but not reported
The Responsible Party for the applicable Form 8-K item as indicated above
 
O-7

 
Form
Item
Description
Responsible Party
 
15
Exhibits and Financial Statement Schedules
 
Item 1112(b) - Significant Obligor Financial Information
N/A
Item 1114(b)(2) - Credit Enhancement Provider Financial Information
Determining applicable disclosure threshold
Obtaining required financial information or effecting incorporation by reference
 
N/A
 
N/A
Item 1115(b) - Derivative Counterparty Financial Information
Determining current maximum probable exposure
Determining current significance percentage
Obtaining required financial information or effecting incorporation by reference
Depositor
Item 1117 - Legal proceedings pending against the following entities, or their respective property, that is material to Certificateholders, including proceedings known to be contemplated by governmental authorities:
 
Seller
Depositor
Trustee
Issuing entity
Master Servicer
Originator
Seller
Depositor
Trustee
Issuing entity
Master Servicer
Originator
Item 1119 - Affiliations and relationships between the following entities, or their respective affiliates, that are material to Certificateholders:
Seller
Depositor
Trustee
 
 
 
 
Issuing entity
Master Servicer
Originator
Credit Enhancer/Support Provider, if any
Significant Obligor, if any
 
 
Seller
Depositor
Trustee (only with respect to affiliations with the sponsor, depositor or issuing entity)
Issuing entity
Master Servicer
Originator
Depositor
Depositor
 
O-8

 
Form
Item
Description
Responsible Party
   
Item 1122 - Assessment of Compliance with Servicing Criteria
Each Party participating in the servicing function
Item 1123 -Servicer Compliance Statement
Master Servicer

 

O-9



EXHIBIT P
 
[RESERVED]
 

 

 

 

P-1



EXHIBIT Q
 
FORM OF COUNTRYWIDE SERVICING AGREEMENT
 
(Provided Upon Request)


Q-1



EXHIBIT R

FORM OF ITEM 1115 AGREEMENT



 
 
 
R-1

 

ITEM 1115 AGREEMENT
 
Item 1115 Agreement (this “Agreement”), dated as of February 22, 2007, among Impac Funding Corporation (the “Sponsor”), Impac Secured Assets Corp., (the “Depositor”), and Bear Stearns Financial Products Inc. (the “Derivative Provider”).
 
RECITALS
 
WHEREAS, the Depositor has filed a Registration Statement on Form S-3 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “Commission”) for purposes of offering mortgage-backed or asset-backed notes and/or certificates (the “Securities”) through special purpose vehicles (each, an “Issuing Entity”);
 
WHEREAS, from time to time, on or prior to the closing date of a securitization (the “Closing Date”) pursuant to which Securities are offered (each, a “Securitization”), the Derivative Provider may enter into certain derivative agreements with respect to such Securitization with the Issuing Entity (or a trustee or securities or swap administrator or other person acting in a similar capacity in connection with such Securitization (each, an “Administrator”)), or with the Sponsor or an affiliate of the Sponsor whereby such derivative agreements are assigned to the Issuing Entity or Administrator (each, in either case, a “Derivative Agreement”);
 
WHEREAS, the Derivative Provider agrees and acknowledges that the Sponsor and Depositor are required under Regulation AB (as defined herein) to disclose certain financial data and/or financial statements with respect to the Derivative Provider, depending on the applicable “significance percentage” for each Derivative Agreement as calculated from time to time in accordance with Item 1115 of Regulation AB;
 
WHEREAS, the Sponsor, on behalf of itself and each Issuing Entity through which it effects Securitizations, the Depositor and the Derivative Provider, desire to set forth certain rights and obligations with regard to financial data and/or financial statements and other information which the Sponsor, the Issuing Entity and Depositor may be required to disclose in accordance with Regulation AB (as defined herein) and certain related matters.
 
NOW, THEREFORE, in consideration of the mutual agreements set forth herein and for other good and valuable consideration the receipt and adequacy of which is hereby acknowledged, the parties hereby agree as follows:

Section 1.
Application and Definitions.
 
 
(a)
Application. This Agreement shall apply to each Derivative Agreement entered into on or after the date hereof.
 
 
(b)
Definitions.
 
Additional Termination Event: With respect to any Derivative Agreement, as defined in the related Master Agreement, where the terms hereof are incorporated by reference in such Derivative Agreement.
 
Affected Party: With respect to any Derivative Agreement, as defined in the related Master Agreement.

 
Business Day: Any day other than a Saturday, a Sunday or any day on which banking institutions in the states where the parties are located are authorized or obligated by law, executive order or government decree to be closed.
 
Company Information: As defined in Addendum A.
 
Company Financial Information: With respect to each Securitization, the financial data described in and in accordance with Item 1115(b)(1) of Regulation AB or the financial statements described in and in accordance with Item 1115(b)(2) of Regulation AB, in either case with respect to the Derivative Provider providing derivative instruments to the related Issuing Entity and/or Administrator.
 
Derivative Disclosure Event: As defined in Section 2(b)(ii).
 
GAAP: As defined in Section 3(a)(ii).
 
Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
 
Exchange Act Reports: With respect to an Issuing Entity, all Distribution Reports on Form 10-D, Current Reports on Form 8-K and Annual Reports on Form 10-K and any amendments thereto, required to be filed by such Issuing Entity or the Depositor with respect to such Issuing Entity pursuant to the Exchange Act.
 
Free Writing Prospectus: With respect to each Securitization, the free writing prospectus or prospectuses prepared in connection with the public offering and sale of the related Securities and used to price such Securities.
 
Master Agreement: With respect to any Derivative Agreement, the ISDA Master Agreement referenced in such Derivative Agreement, together with any Schedule, Credit Support Annex and Confirmations forming a part thereof or incorporated therein by reference, or, if no such ISDA Master Agreement exists, the ISDA Master Agreement deemed to apply to such Derivative Agreement pursuant to its terms, together with any Schedule, Credit Support Annex and Confirmations deemed to form a part thereof or to be incorporated therein by reference.
 
Prospectus Supplement: With respect to each Securitization, the prospectus supplement prepared in connection with the public offering and sale of the related Securities.
 
Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.
 
Securities Act: The Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

Section 2.
Information to be Provided by the Derivative Provider.
 
 
(a)
Prior to printing the Free Writing Prospectus and/or Prospectus Supplement relating to each Securitization, the Derivative Provider, at its own expense, shall:
 
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(i)
provide to the Depositor the following information and such other information as is reasonably requested by the Depositor for the purpose of compliance with Item 1115(a)(1) of Regulation AB or the Securities Act in respect of such Securitization:
 
 
(A)
the Derivative Provider’s legal name (and any d/b/a),
 
 
(B)
the organizational form of the Derivative Provider,
 
 
(C)
a description of the general character of the business of the Derivative Provider,
 
 
(D)
a description of any affiliation or relationship (as set forth in Item 1119 of Regulation AB) between the Derivative Provider and any of the following parties:
 
 
(1)
any servicer that is not affiliated with the Sponsor (or other person acting in a similar capacity) identified as such in the related Free Writing Prospectus and/or Prospectus Supplement,
 
 
(2)
the trustee (or other person acting in a similar capacity) identified as such in the related Free Writing Prospectus and/or Prospectus Supplement,
 
 
(3)
any originator identified as such in the related Free Writing Prospectus and/or Prospectus Supplement,
 
 
(4)
any enhancement or support provider identified to the Derivative Provider by the Sponsor, and
 
 
(5)
any other material Securitization party identified to the Derivative Provider by the Sponsor in writing (including electronic mail);
 
 
(E)
information relating to any material legal or governmental proceedings that would affect the Derivative Provider’s ability to perform its obligations under the related Derivative Agreement; and
 
 
(F)
any other information that is material or otherwise required for the purpose of compliance with the Securities Act; and
 
 
(ii)
if requested by the Depositor in its reasonable discretion for the purpose of compliance with Item 1115(b) of Regulation AB with respect to such Securitization, provide to the Depositor the Company Financial Information described in Item 1115(b)(1) of Regulation AB or Item 1115(b)(2) of Regulation AB (as specified by the Depositor).
 
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(b)
Following the Closing Date with respect to each Securitization:
 
 
(i)
For the period from the closing date of the related Securitization to December 31 of the calendar year in which the closing date of the related Securitization occurs (and any additional period if notified in writing by the Sponsor that the Depositor is required to file Exchange Act reports in respect of the related Issuing entity after such period), the Derivative Provider, at its own expense, shall no later than the 25th calendar day of each month, notify the Depositor in writing of any known material affiliations or relationships that develop following the Closing Date between the Derivative Provider and any of the parties specified in Section 2(a)(i)(D) (and any other parties identified in writing by the Depositor) with respect to such Securitization, and provide to the Depositor a description of such affiliations or relationships;
 
 
(ii)
if, on any Business Day for so long as the Depositor is required to file Exchange Act Reports in respect of the related Issuing Entity, the Depositor provides written notice to the Derivative Provider that the “significance percentage” for any Derivative Agreement relating to such Securitization (calculated separately or in the aggregate with other Derivative Agreements for such Securitization, such aggregation as determined by the Depositor in its sole discretion), is (x) 10% or more (but less than 20%) or (y) 20% or more, in each case based on a reasonable good-faith determination by the Depositor of the “significance percentage” in accordance with Item 1115 of Regulation AB (the providing of such notice, a “Derivative Disclosure Event”), the Derivative Provider, at its own expense, shall:
 
 
(A)
provide to the Depositor the Company Financial Information described in and in accordance with (x) Item 1115(b)(1) of Regulation AB or (y) Item 1115(b)(2) of Regulation AB, respectively,
 
 
(B)
with respect to each Derivative Agreement entered into in connection with such Securitization, cause another entity to replace the Derivative Provider as a party to such Derivative Agreement or, if such replacement cannot be effected, to enter into a replacement derivative agreement on terms substantially identical to such Derivative Agreement (as determined by the Depositor in its commercially reasonable discretion), which entity (1) meets or exceeds (or a guarantor, as applicable, for such entity meets or exceeds) any rating agency criteria set forth in, or otherwise applicable to, such Derivative Agreement (as determined by the Depositor in its sole discretion), (2) has entered into an agreement with Sponsor and Depositor substantially in the form of this Agreement, (3) has agreed to comply with the immediately preceding clause (A) and Section 2(b)(iii), and (4) has been approved by the Depositor (which approval shall not be unreasonably withheld),
 
 
(C)
only if sufficient to satisfy the requirements of Item 1115 of Regulation AB that are applicable to the Derivative Provider as determined by the Depositor in its sole discretion, obtain a guaranty of the Derivative Provider’s obligations under each Derivative Agreement entered into in connection with the Securitization from an affiliate of the Derivative Provider, which affiliate (1) meets or exceeds any rating agency criteria set forth in, or otherwise applicable to, such Derivative Agreement (as determined by the Depositor in its commercially reasonable discretion), (2) has entered into an agreement with the Sponsor and Depositor substantially in the form of this Agreement, (3) has agreed to comply with the immediately preceding clause (A) and Section 2(b)(iii) and (4) has been approved by the Depositor (which approval shall not be unreasonably withheld), or
 
4

 
 
(D)
only if sufficient to satisfy the requirements of Item 1115 of Regulation AB that are applicable to the Derivative Provider as determined by the Depositor in its commercially reasonable discretion, post collateral in an amount sufficient to reduce the “significance percentage” for purposes of Item 1115 of Regulation AB with respect to any Derivative Agreement relating to such Securitization, calculated separately or in the aggregate with other Derivative Agreements for such Securitization (1) to 5% if the Depositor has notified the Derivative Provider that the “significance percentage” is 10% or more (but less than 20%) or (2) to 15% if the Depositor has notified the Derivative Provider that the “significance percentage” is 20% or more; and
 
 
(iii)
if the Derivative Provider has provided Company Financial Information to the Depositor pursuant to Section 2(a)(ii) or Section 2(b)(ii), the Derivate Provider, at its own expense, shall within five (5) days of the release of any updated Company Financial Information, provide to the Depositor such updated Company Financial Information if such update is released (A) during the period from the closing date of the related Securitization to December 31 of the calendar year in which the closing date of the related Securitization occurs (and any additional period if notified in writing by the Sponsor that the Depositor is required to file Exchange Act Reports in respect of the related Issuing Entity after such period) and (B) when the “significance percentage” for any Derivative Agreement relating to such Securitization (calculated separately or in the aggregate with other Derivative Agreements for such Securitization) is (x) 10% or more (but less than 20%) or (y) 20% or more, in each case based on a reasonable good-faith determination by the Depositor of the significance percentage in accordance with Item 1115 of Regulation AB.
 
 
(iv)
In no event shall the Derivative Provider be required to calculate the “significance percentage” for purposes of this Agreement.
 
 
(c)
The Derivative Provider shall provide any Company Financial Information provided pursuant to this Section 2 in Microsoft Word® format, Microsoft Excel® format or another format suitable for conversion to the format required for filing by the Depositor with the Commission via the Electronic Data Gathering and Retrieval System (EDGAR) (for avoidance of doubt, Company Financial Information shall not be provided in .pdf format); alternatively, if permitted by Regulation AB (as determined by the Sponsor in its sole discretion), the Derivative Provider may provide such Company Financial Information by providing to the Depositor written consent to incorporate by reference in Exchange Act Reports of the Depositor such Company Financial Information from reports filed by the Derivative Provider pursuant to the Exchange Act. In addition, the Derivative Provider shall also provide Company Financial Information provided pursuant to Section 2(a)(ii) in a format appropriate for use in the related Free Writing Prospectus and Prospectus Supplement. If required under the Securities Act as determined by the Depositor after consultation with counsel, the Derivative Provider shall cause its outside accounting firm to provide to the Depositor such accounting firm’s written consent to the filing or incorporation by reference in the Exchange Act Reports of the Depositor of such accounting firm’s report relating to its audits of such Company Financial Information.
 
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Section 3.
Representations and Warranties of the Derivative Provider.
 
The Derivative Provider represents and warrants to the Depositor that:
 
(1) that the information provided pursuant to Section 2(a) is true and correct in all material respects and does not omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading;
 
(2) as of the date on which the Derivative Provider first provides Company Financial Information to the Depositor under Section 2(a)(ii), Section 2(b)(ii) or Section 2(b)(iii), that, except as disclosed in writing to the Depositor prior to such date:
 
 
(a)
the outside accounting firm that certifies the financial statements and supporting schedules included in Company Financial Information, or which provides a procedures letter with respect to such Company Financial Information, (as applicable) is an independent registered public accounting firm as required by the Securities Act;
 
 
(b)
the selected financial data and summary financial information included in the Company Financial Information present fairly the information shown therein and have been compiled on a basis consistent with that of the audited financial statements of the Derivative Provider;
 
 
(c)
the financial statements included in the Company Financial Information present fairly the consolidated financial position of the Derivative Provider and its consolidated subsidiaries as of the dates indicated and the consolidated results of their operations and cash flows for the periods specified; except as otherwise stated in the Company Financial Information, such financial statements have been prepared in conformity with United States generally accepted accounting principles (“GAAP”) applied on a consistent basis; and the supporting schedules included in the Company Financial Information present fairly in accordance with GAAP the information required to be stated therein; and
 
 
(d)
the Company Financial Information and other Company Information included in any Free Writing Prospectus or Prospectus Supplement or referenced via a website link or incorporated by reference in the Registration Statement (including through filing on an Exchange Act Report), at the time they were or hereafter are filed with the Commission, complied in all material respects with the requirements of Item 1115(b) of Regulation AB (in the case of the Company Financial Information), and did not and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
 
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Section 4.
Third Party Beneficiaries.
 
The Derivative Provider agrees that the terms of this Agreement shall be incorporated by reference into any Derivative Agreement so that each Issuing Entity or Administrator that is a party to a Derivative Agreement shall be an express third party beneficiary of this Agreement.
 
Section 5.
Indemnification.
 
The Derivative Provider indemnification set forth in Addendum A hereto is incorporated by reference herein.
 
Section 6.
Additional Termination Events.
 
 
(a)
(i) Any breach by the Derivative Provider of a representation or warranty set forth in Section 3 to the extent made as of a date prior to a Closing Date, which is not cured by such Closing Date (or, in the case of information required under Section 2(a), the date of printing of the Free Writing Prospectus or Prospectus Supplement, as applicable), or (ii) any breach by the Derivative Provider of a representation or warranty pursuant to Section 3 to the extent made as of a date subsequent to such Closing Date, or (iii) any failure by the Derivative Provider to comply with the requirements of Section 2(a), Section 2(b)(ii) or so much of Section 2(b)(iii) as relates to Section 2(a) or 2(b)(ii), shall constitute an Additional Termination Event under each Derivative Agreement, entered into in connection with the related Securitization with respect to which the Derivative Provider shall be the sole Affected Party.
 
 
(b)
Any failure of the Derivative Provider to satisfy the requirements of Section 2(b)(ii) within ten (10) calendar days of any Derivative Disclosure Event shall constitute an Additional Termination Event under each Derivative Agreement entered into in connection with the related Securitization, which respect to which the Derivative Provider shall be the sole Affected Party.
 
 
(c)
Following a termination of a Derivative Agreement resulting from an Additional Termination Event set forth in this Section 6, a termination payment (if any) shall be payable under such Derivative Agreement by the applicable party as determined under the related Derivative Agreement.
 
 
(d)
In the event that a replacement entity or replacement derivative agreement has been secured in accordance with Section 2(b)(ii)(B), or a guarantor has been secured in accordance with Section 2(b)(ii)(C), the Derivative Provider shall promptly reimburse the Issuing Entity for all reasonable incidental expenses incurred by the Issuing Entity in connection with the replacement of the Derivative Provider or Derivative Agreement or addition of such guarantor. The provisions of this paragraph shall not limit whatever rights the Issuing Entity may have under other provisions of this Agreement or otherwise, whether in equity or at law, such as an action for damages, specific performance or injunctive relief.
 
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Section 7.
Miscellaneous.
 
 
(a)
Construction. Throughout this Agreement, as the context requires, (i) the singular tense and number includes the plural, and the plural tense and number includes the singular, (ii) the past tense includes the present, and the present tense includes the past, and (iii) references to parties, sections, schedules, and exhibits mean the parties, sections, schedules, and exhibits of and to this Agreement. The section headings in this Agreement are inserted only as a matter of convenience, and in no way define, limit, extend, or interpret the scope of this Agreement or of any particular section.
 
 
(b)
Assignment. No party to this Agreement may assign its rights under this Agreement without the prior written consent of the other parties hereto. Subject to the foregoing, this Agreement shall be binding on and inure to the benefit of the parties and their respective successors and permitted assigns.
 
 
(c)
Notices. All notices and other communications hereunder will be in writing (including by facsimile) and effective only upon receipt, and, if sent to the Derivative Provider will be mailed or delivered to Bear Stearns Financial Products Inc., 383 Madison Avenue, 36th Floor, New York, New York 10179, Attention: DPC Manager, if sent to the Sponsor will be mailed or delivered to Impac Funding Corporation., 19500 Jamboree Road, Irvine, California 92612, and if sent to the Depositor will be mailed or delivered to Impac Secured Assets Corp., 19500 Jamboree Road, Irvine, California 92612. 
 
 
(d)
Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York without regard to the conflict of laws principles thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law).
 
 
(e)
Additional Documents. Each party hereto agrees to execute any and all further documents and writings and to perform such other actions which may be or become necessary or expedient to effectuate and carry out this Agreement.
 
 
(f)
Amendment and Waiver. This Agreement may not be modified or amended except by an instrument in writing signed by the parties hereto. No waiver of any provision of this Agreement or of any rights or obligations of any party under this Agreement shall be effective unless in writing and signed by the party or parties waiving compliance, and shall be effective only in the specific instance and for the specific purpose stated in that writing.
 
 
(g)
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, all of which together shall constitute one and the same instrument.
 
8

 
 
(h)
Severability. Any provision hereof which is prohibited or unenforceable shall be ineffective only to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof.
 
 
(i)
Integration. This Agreement contains the entire understanding of the parties with respect to the subject matter hereof. There are no restrictions, agreements, promises, representations, warranties, covenants or undertakings with respect to the subject matter hereof other than those expressly set forth or referred to herein. This Agreement supersedes all prior agreements and understandings between the parties with respect to its subject matter.
 

9


IN WITNESS WHEREOF, the parties hereto have caused their names to be signed hereto by their respective officers thereunto duly authorized as of the day and year first above written.
 
IMPAC FUNDING CORPORATION
 
 
By:  ___________________________________
Name:
Title:
 
IMPAC SECURED ASSETS CORP.
 
 
By:  ___________________________________
Name:
Title:

 
BEAR STEARNS FINANCIAL PRODUCTS, INC.
 
 
By:  ___________________________________
Name:
Title:

10


Addendum A

 
Indemnification
 
(a) The Derivative Provider shall indemnify Impac Funding Corporation (the “Sponsor”), the Depositor and the Issuing Entity of the relevant Securitization, each person responsible for the preparation, execution or filing of any report required to be filed with the Commission with respect to such Depositor or Issuing Entity, or for execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act; each broker dealer acting as underwriter, each person who controls any of such parties (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act); and the respective present and former directors, officers, employees and agents of each of the foregoing, and shall hold each of them harmless from and against any losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments, and any other costs, fees and expenses that any of them may sustain arising out of or based upon:
 
 
(i)
(A) any untrue statement of a material fact contained or alleged to be contained in any information, report, accountants’ consent or other material provided in written or electronic form under Section 2 of that certain Item 1115 Agreement, dated as of February 22, 2007, among Impac Funding Corporation, the Depositor and the Derivative Provider (the “Agreement”) by or on behalf of the Derivative Provider or referenced via a website link or incorporated by reference in the Registration Statement (including through filing on an Exchange Act Report) (collectively, the “Company Information”), or (B) the omission or alleged omission to state in the Company Information a material fact required to be stated in the Company Information or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading;
 
 
(ii)
any failure by the Derivative Provider to deliver any information, report, certification, accountants’ letter or other material when and as required under Section 2 of the Agreement, other than the information required by Sections 2(a)(ii) and 2(b)(ii) of the Agreement; or
 
 
(iii)
any breach by the Derivative Provider of a representation or warranty set forth in Section 3 of the Agreement and made as of a date prior to the Closing Date, to the extent that such breach is not cured by the Closing Date, or any breach by the Derivative Provider of a representation or warranty pursuant to Section 3 to the extent made as of a date subsequent to the Closing Date.
 
In the case of any failure of performance described in clause 2 of this addendum, the Derivative Provider shall promptly reimburse the Depositor, the Sponsor or the Issuing Entity, as applicable, and each Person responsible for the preparation, execution or filing of any report required to be filed with the Commission with respect to such Securitization Transaction, or for execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act with respect to such Securitization Transaction, for all costs reasonably incurred by each such party in order to obtain the information, report, certification, accountants’ letter or other material not delivered as required by the Derivative Provider.
11


(b) Impac Funding Corporation and the Depositor, jointly and severally, shall indemnify the Derivative Provider, each person who controls the Derivative Provider (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act); and the respective present and former directors, officers, employees and agents of each of the foregoing, and shall hold each of them harmless from and against any losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments, and any other costs, fees and expenses that any of them may sustain arising out of or based upon (A) any untrue statement of a material fact contained or alleged to be contained in the related Free Writing Prospectus or Prospectus Supplement (other than the Company Information), or (B) the omission or alleged omission to state in related Free Writing Prospectus or Prospectus Supplement (other than the Company Information) a material fact required to be stated in the Free Writing Prospectus or Prospectus Supplement or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
 
Capitalized terms used and not otherwise defined in this addendum shall have the meanings set forth in the Agreement.
 
12