EX-99.1 3 efc5-0049_5644645exh991.txt EXHIBIT 99.1 ------------- THE INITIAL MORTGAGE POOL The following information sets forth in tabular format certain information, as of the Initial Cut-Off Date, about the Mortgage Loans included in the Initial Mortgage Pool. Other than with respect to rates of interest, percentages are approximate and are stated by that portion of the Initial Cut-Off Date Pool Principal Balance. The sum of the columns below may not equal the total indicated due to rounding. In addition, each weighted average credit bureau risk score set forth below has been calculated without regard to any Mortgage Loan for which the credit bureau risk score is unknown. MORTGAGE LOANS

--------------- (1) The Credit Bureau Risk Scores referenced in this table with respect to substantially all of the Mortgage Loans were obtained by the respective originators from one or more credit reporting agencies, and were determined at the time of origination.

------------ (1) The weighted average Gross Margin for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date was approximately 6.287%.

------------ (1) The weighted average next adjustment date for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date is October 2007. 6

------------ (1) The weighted average Maximum Mortgage Rate for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date was approximately 13.424%.

------------ (1) The weighted average Initial Periodic Rate Cap for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date was approximately 1.854%. 7

------------ (1) The weighted average Subsequent Periodic Rate Cap for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date was approximately 1.392%.

------------ (1) The weighted average Minimum Mortgage Rate for the Mortgage Loans in the Initial Mortgage Pool as of the Cut-off Date was approximately 6.707%.

------------ (1) Based on representations by the Mortgagors at the time of origination of the related Mortgage Loans.

CWABS INC ASSET BACKED CERTIFICATES SERIES 2004-AB2 8-K