SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest Event
Reported) August 30, 2001

CWABS, INC.

(Exact name of registrant as specified in its charter)


Delaware	333-38686	95-4596514

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

4500 Park Granada Calabasas, California		91302

(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code (818) 225-3237

TABLE OF CONTENTS


	Item 5. Other Events.
	Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
SIGNATURES

Item 5. Other Events.

Description of the Mortgage Pool*

On August 30, 2001, CWABS, Inc. (the “Company”) entered into a Pooling and Servicing Agreement dated as of August 1, 2001 (the “Pooling and Servicing Agreement”), by and among the Company, as depositor, Countrywide Home Loans, Inc. (“CHL”), as seller and as master servicer, The Bank of New York, as trustee (the “Trustee”), and BNY Western Trust Company, as co-trustee (the “Co-Trustee”), providing for the issuance of the Company’s Asset-Backed Certificates, Series 2001-3.

Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Prospectus dated August 7, 2001 and the Prospectus Supplement dated August 7, 2001 of CWABS, Inc., relating to its Asset-Backed Certificates, Series 2001-3.

Mortgage Loan Statistics

The following tables describe characteristics of the Initial Mortgage Loans as of the Cut-off Date. All percentages set forth below have been calculated based on the principal balance of the Initial Mortgage Loans as of the date set forth below. The sum of the columns may not equal the respective totals due to rounding.

Mortgage Loan Programs for the Adjustable Rate Initial Mortgage Loans


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Loan Programs		Loans		Outstanding		Outstanding

6-Month LIBOR			14	$	2,872,052		2.59	%
2-Year/28-Year LIBOR			431		92,136,143		83.06
3-Year/27-Year LIBOR			72		15,914,456		14.35

	Total		517	$	110,922,651		100.00	%

Mortgage Loan Principal Balances for the Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Mortgage Loan		Mortgage		Balance		Balance
Principal Balances		Loans		Outstanding		Outstanding

Up to $25,000			12	$	243,954		0.22	%
$25,000.01 to $50,000			93		3,620,440		3.26
$50,000.01 to $75,000			54		3,303,717		2.98
$75,000.01 to $100,000			34		2,951,319		2.66
$100,000.01 to $150,000			32		3,843,257		3.46
$150,000.01 to $200,000			14		2,394,142		2.16
$200,000.01 to $250,000			9		1,968,068		1.77
$250,000.01 to $300,000			71		20,557,676		18.53
$300,000.01 to $350,000			112		36,556,357		32.96
$350,000.01 to $400,000			47		17,748,203		16.00
$400,000.01 to $450,000			23		9,693,961		8.74
$450,000.01 to $500,000			11		5,300,667		4.78
Greater than $500,000			5		2,740,887		2.47

	Total		517	$	110,922,651		100.00	%

The average Principal Balance of the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately $214,551.

Mortgage Rates for the Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Mortgage		Mortgage		Balance		Balance
Rates (%)		Loans		Outstanding		Outstanding

6.501 - 7.000			9	$	2,944,284		2.65	%
7.001 - 7.500			12		3,748,094		3.38
7.501 - 8.000			46		15,073,919		13.59
8.001 - 8.500			51		16,840,846		15.18
8.501 - 9.000			62		19,661,832		17.73
9.001 - 9.500			54		16,206,935		14.61
9.501 - 10.000			60		14,489,944		13.06
10.001 - 10.500			31		6,860,463		6.18
10.501 - 11.000			27		3,124,835		2.82
11.001 - 11.500			14		1,601,525		1.44
11.501 - 12.000			15		1,640,136		1.48
12.001 - 12.500			22		1,491,966		1.35
12.501 - 13.000			28		1,863,317		1.68
13.001 - 13.500			32		1,947,986		1.76
13.501 - 14.000			24		1,813,351		1.63
14.001 - 14.500			14		841,130		0.76
14.501 - 15.000			6		238,438		0.21
15.001 - 15.500			4		304,063		0.27
15.501 - 16.000			4		148,130		0.13
16.001 - 16.500			1		35,996		0.03
16.501 - 17.000			1		45,461		0.04

	Total		517	$	110,922,651		100.00	%

The weighted average Mortgage Rate of the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 9.298% per annum.

Remaining Terms to Stated Maturity for the Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Remaining Term (months)		Loans		Outstanding		Outstanding

121 — 180			1	$	45,500		0.04
301 — 360			516		110,877,151		99.96

	Total		517	$	110,922,651		100.00	%

The weighted average remaining term to maturity of the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 359 months.

Loan-to-Value Ratios for the Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Loan-to-Value		Mortgage		Balance		Balance
Ratios (%)		Loans		Outstanding		Outstanding

Up to 50.00			30	$	2,373,664		2.14	%
50.01 - 55.00			11		1,180,925		1.06
55.01 - 60.00			16		2,214,477		2.00
60.01 - 65.00			43		5,857,310		5.28
65.01 - 70.00			73		9,376,178		8.45
70.01 - 75.00			72		14,575,423		13.14
75.01 - 80.00			121		34,811,091		31.38
80.01 - 85.00			51		14,014,083		12.63
85.01 - 90.00			64		19,583,873		17.66
90.01 - 95.00			8		2,602,353		2.35
95.01 - 100.00			28		4,333,274		3.91

	Total		517	$	110,922,651		100.00	%

The weighted average Loan-to-Value Ratio of the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 79.08%.

State Distribution of the Mortgaged Properties for the Initial Mortgage Loans


					Percent of
			Aggregate		Aggregate
	Number of		Principal		Principal
	Mortgage		Balance		Balance
State	Loans		Outstanding		Outstanding

Alabama		2	$	51,489		0.05	%
Arizona		8		1,159,174		1.05
Arkansas		2		98,700		0.09
California		172		56,479,156		50.92
Colorado		10		1,724,268		1.55
Connecticut		8		2,610,427		2.35
District of Columbia		2		569,362		0.51
Florida		17		2,548,838		2.30
Georgia		6		902,049		0.81
Illinois		8		967,831		0.87
Indiana		17		1,424,584		1.28
Iowa		3		112,171		0.10
Kansas		8		646,918		0.58
Kentucky		5		265,775		0.24
Louisiana		6		639,018		0.58
Maryland		15		3,688,229		3.33
Massachusetts		8		2,113,918		1.91


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
State		Loans		Outstanding		Outstanding

Michigan			26		3,837,809		3.46
Minnesota			5		920,589		0.83
Mississippi			5		305,271		0.28
Missouri			8		498,499		0.45
Montana			2		137,388		0.12
Nebraska			2		145,953		0.13
Nevada			7		1,487,327		1.34
New Hampshire			1		307,600		0.28
New Jersey			12		3,608,631		3.25
New Mexico			5		540,931		0.49
New York			14		2,307,445		2.08
North Carolina			13		2,005,577		1.81
Ohio			3		224,976		0.20
Oklahoma			1		25,500		0.02
Pennsylvania			17		1,671,655		1.51
South Carolina			6		489,939		0.44
Tennessee			5		1,251,142		1.13
Texas			52		7,505,105		6.77
Utah			3		1,032,561		0.93
Virginia			8		1,692,807		1.53
Washington			16		4,428,325		3.99
West Virginia			2		125,150		0.11
Wisconsin			7		370,565		0.33

	Total		517	$	110,922,651		100.00	%

Credit Bureau Risk Scores(1) for the Initial Mortgage Loans*


					Percent of
			Aggregate		Aggregate
	Number of		Principal		Principal
Credit Bureau	Mortgage		Balance		Balance
Risk Scores	Loans		Outstanding		Outstanding

621 or Greater		148	$	39,966,418		36.03	%
601 - 620		74		20,474,556		18.46
581 - 600		78		20,649,456		18.62
561 - 580		64		13,286,753		11.98
541 - 560		52		6,944,256		6.26
521 - 540		43		4,590,201		4.14
501 - 520		41		3,382,777		3.05
500 or Less		11		888,800		0.80
Not Scored		6		739,742		0.67

Percent of

Aggregate

Number of

Principal

Credit Bureau

Mortgage

Balance

Risk Scores

Loans

Outstanding

Total

517

110,922,651

100.00

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




*		The weighted average Credit Bureau Risk Score of the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 605.

Gross Margins for the Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Range of Gross Margins (%)		Loans		Outstanding		Outstanding

3.001 - 4.000			2	$	804,568		0.73	%
4.001 - 5.000			29		7,495,237		6.76
5.001 - 6.000			120		33,705,268		30.39
6.001 - 7.000			224		49,981,044		45.06
7.001 - 8.000			85		12,871,113		11.60
8.001 - 9.000			37		4,433,066		4.00
9.001 - 10.000			16		1,436,597		1.30
10.001 - 11.000			3		162,158		0.15
11.001 - 12.000			1		33,600		0.03

	Total		517	$	117,176,197		100.00	%

The weighted average Gross Margin for the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 6.382%.

Next Adjustment Date for the Hybrid Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Next Adjustment Date		Loans		Outstanding		Outstanding

December 2002			1	$	111,839		0.10	%
January 2003			1		294,500		0.27
April 2003			4		628,110		0.58
May 2003			13		3,123,328		2.89
June 2003			51		11,584,033		10.72
July 2003			151		32,071,912		29.68
August 2003			155		33,691,568		31.18
September 2003			55		10,630,854		9.84
April 2004			1		99,813		0.09
May 2004			6		1,258,582		1.16
June 2004			14		3,572,825		3.31
July 2004			21		4,496,234		4.16
August 2004			20		4,305,027		3.98
September 2004			10		2,181,975		2.02

	Total		503	$	108,050,599		100.00	%

The weighted average next adjustment date for the Hybrid Adjustable Rate Initial Mortgage Loans is September 3, 2003.

Next Adjustment Date for the Non-Hybrid Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Next Adjustment Date		Loans		Outstanding		Outstanding

December 2001			1	$	315,616		10.99	%
January 2002			5		987,836		34.39
February 2002			7		1,535,300		53.46
March 2002			1		33,300		1.16

	Total		14	$	2,872,052		100.00	%

The weighted average next adjustment date for the Non-Hybrid Adjustable Rate Initial Mortgage Loans is January 14, 2002.

Maximum Rates for the Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Range of Maximum Rates (%)		Loans		Outstanding		Outstanding

13.001 - 14.000			16	$	5,414,156		4.88	%
14.001 - 15.000			62		20,352,445		18.35
15.001 - 16.000			118		36,185,383		32.62
16.001 - 17.000			110		29,195,065		26.32
17.001 - 18.000			51		8,345,835		7.52
18.001 - 19.000			28		3,028,337		2.73
19.001 - 20.000			49		3,300,618		2.98
20.001 - 21.000			53		3,487,593		3.14
21.001 - 22.000			20		1,079,568		0.97
22.001 - 23.000			8		452,194		0.41
23.001 - 24.000			2		81,457		0.07

	Total		517	$	110,922,651		100.00	%0.41


	•	The weighted average Maximum Rate for the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 16.175%.

Initial Periodic Rate Cap for the Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Initial Periodic Rate Cap (%)		Loans		Outstanding		Outstanding

1.000			60	$	15,304,495		13.80	%
1.500			397		81,776,155		73.72
2.000			2		451,320		0.41
3.000			58		13,390,681		12.07

	Total		517	$	110,922,651		100.00	%

The weighted average Initial Periodic Rate Cap for the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 1.614%.

Subsequent Periodic Rate Cap for the Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Subsequent Periodic		Mortgage		Balance		Balance
Rate Cap (%)		Loans		Outstanding		Outstanding

1.000			63	$	14,741,617		13.29	%
1.500			454		96,181,034		86.71

	Total		517	$	110,922,651		100.00	%

The weighted average Subsequent Periodic Rate Cap for the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 1.434%.

Minimum Mortgage Rates for the Adjustable Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Minimum		Mortgage		Balance		Balance
Mortgage Rates (%)		Loans		Outstanding		Outstanding

5.001 - 6.000			2	$	808,664		0.73	%
6.001 - 7.000			10		3,224,097		2.91
7.001 - 8.000			57		18,412,887		16.60
8.001 - 9.000			112		36,103,140		32.55
9.001 - 10.000			114		30,696,879		27.67
10.001 - 11.000			58		9,985,298		9.00
11.001 - 12.000			28		2,961,849		2.67
12.001 - 13.000			50		3,355,283		3.02
13.001 - 14.000			56		3,761,337		3.39
14.001 - 15.000			20		1,079,568		0.97
15.001 - 16.000			8		452,194		0.41
16.001 - 17.000			2		81,457		0.07

	Total		517	$	110,922,651		100.00	%

The weighted average Minimum Mortgage Rate for the Adjustable Rate Initial Mortgage Loans as of the Cut-off Date was approximately 9.264%.

Mortgage Loan Programs for the Fixed Rate Initial Mortgage Loans


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Loan Programs		Loans		Outstanding		Outstanding

Fixed 15-Year			32	$	1,347,881		1.35	%
Fixed 20-Year			1		80,334		0.08
Fixed 30-Year			187		47,009,127		47.24
Fixed 30-Year/15-Year Balloon			17		1,796,257		1.81
Fixed 10-Year Second Lien			29		770,766		0.77
Fixed 15-Year Second Lien			489		15,982,149		16.06
Fixed 20-Year Second Lien			31		1,139,411		1.15
Fixed 30-Year/15-Year Balloon Second Lien			51		2,118,537		2.13
Fixed 15-Year Credit Comeback			42		2,012,025		2.02
Fixed 30-Year Credit Comeback			162	$	27,254,276		27.39

	Total		1,041	$	99,510,764		100.00	%

Mortgage Loan Principal Balances for the Fixed Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Mortgage Loan		Mortgage		Balance		Balance
Principal Balances		Loans		Outstanding		Outstanding

Up to $25,000			331	$	6,172,269		6.20	%
$25,000.01 to $50,000			329		11,856,519		11.91
$50,000.01 to $75,000			129		7,914,711		7.95
$75,000.01 to $100,000			43		3,735,465		3.75
$100,000.01 to $150,000			12		1,383,824		1.39
$150,000.01 to $200,000			4		684,258		0.69
$200,000.01 to $250,000			1		215,868		0.22
$250,000.01 to $300,000			51		14,680,553		14.75
$300,000.01 to $350,000			69		22,363,868		22.47
$350,000.01 to $400,000			32		12,023,640		12.08
$400,000.01 to $450,000			21		8,931,439		8.98
$450,000.01 to $500,000			14		6,716,011		6.75
Greater than $500,000			5		2,832,340		2.85

	Total		1,041	$	99,510,764		100.00	%

The average Principal Balance of the Fixed Rate Initial Mortgage Loans as of the Cut-off Date was approximately $95,592.

Mortgage Rates for the Fixed Rate Initial Mortgage Loans*


							Percent of
				Aggregate			Aggregate
		Number of		Principal			Principal
		Mortgage		Balance			Balance
Range of Mortgage Rates (%)		Loans		Outstanding			Outstanding

6.501 - 7.000			3		$	1,054,184		1.06	%
7.001 - 7.500			9			3,440,215		3.46
7.501 - 8.000			63			22,367,582		22.48
8.001 - 8.500			27			8,877,127		8.92
8.501 - 9.000			50			14,023,229		14.09
9.001 - 9.500			32			9,001,957		9.05
9.501 - 10.000			36			6,950,053		6.98
10.001 - 10.500			43			3,334,678		3.35
10.501 - 11.000			31			2,325,745		2.34
11.001 - 11.500			33			1,408,601		1.42
11.501 - 12.000			64			3,356,413		3.37
12.001 - 12.500			57			2,429,027		2.44
12.501 - 13.000			75			2,949,361		2.96
13.001 - 13.500			87			3,717,267		3.74
13.501 - 14.000			253			8,754,479		8.80
14.001 - 14.500			61			2,137,918		2.15
14.501 - 15.000			36			1,067,988		1.07
15.001 - 15.500			33			1,083,713		1.09
15.501 - 16.000			16			446,292		0.45
16.001 - 16.500			11			285,164		0.29
16.501 - 17.000			8			252,409		0.25
17.001 - 17.500			10			194,989		0.20
17.501 - 18.000			1			17,000		0.02
20.001 - 20.500			2			35,373		0.04

	Total		1,041		$	99,510,764		100.00	%

The weighted average Mortgage Rate of the Fixed Rate Initial Mortgage Loans as of the Cut-off Date was approximately 10.000% per annum.

Remaining Terms to Stated Maturity for the Fixed Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Remaining Term (months)		Loans		Outstanding		Outstanding

1 — 120			29	$	770,766		0.77	%
121 — 180			632		23,268,790		23.38
181 — 300			32		1,219,745		1.23
301 — 360			348		74,251,464		74.62

	Total		1,041	$	99,510,764		100.00	%

The weighted average remaining term to maturity of the Fixed Rate Initial Mortgage Loans as of the Cut-off Date was approximately 314 months.

Loan-to-Value Ratios(1) for the Fixed Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
Range of Loan-to-Value		Mortgage		Balance		Balance
Ratios (%)		Loans		Outstanding		Outstanding

Up to 50.00			92	$	4,879,848		4.90	%
50.01 - 55.00			19		2,016,529		2.03
55.01 - 60.00			27		2,165,063		2.18
60.01 - 65.00			55		6,609,359		6.64
65.01 - 70.00			84		9,631,652		9.68
70.01 - 75.00			109		16,255,479		16.34
75.01 - 80.00			137		21,238,131		21.34
80.01 - 85.00			125		13,770,619		13.84
85.01 - 90.00			117		12,009,016		12.07
90.01 - 95.00			31		2,658,956		2.67
95.01 - 100.00			240		8,023,091		8.06
100.01 - 105.00			5		253,021		0.25

	Total		1,041	$	99,510,764		100.00	%

(1)		Includes Combined Loan-to-Value Ratios for Second Lien Loans.




*		The weighted average Loan-to-Value Ratio of the Fixed Rate Initial Mortgage Loans as of the Cut-off Date was approximately 76.97%.

State Distribution of the Mortgaged Properties for the Fixed Rate Initial Mortgage Loans


					Percent of
			Aggregate		Aggregate
	Number of		Principal		Principal
	Mortgage		Balance		Balance
State	Loans		Outstanding		Outstanding

Alabama		2	$	71,600		0.07	%
Arizona		21		1,163,463		1.17
Arkansas		4		165,963		0.17
California		333		50,686,920		50.94
Colorado		21		1,028,942		1.03
Connecticut		9		591,595		0.59
Delaware		1		53,514		0.05
District of Columbia		9		2,694,439		2.71
Florida		56		2,360,567		2.37
Georgia		41		2,549,683		2.56
Hawaii		2		123,551		0.12
Idaho		12		377,142		0.38
Illinois		25		1,480,586		1.49
Indiana		25		1,044,460		1.05
Iowa		5		141,159		0.14
Kentucky		11		715,479		0.72
Louisiana		16		890,893		0.90
Maine		5		780,075		0.78
Maryland		13		1,051,378		1.06
Massachusetts		49		3,591,557		3.61
Michigan		35		2,575,085		2.59
Minnesota		9		323,720		0.33
Mississippi		7		172,491		0.17
Missouri		29		948,789		0.95
Montana		1		15,288		0.02
Nebraska		2		46,608		0.05
Nevada		13		380,364		0.38
New Hampshire		5		618,866		0.62
New Jersey		21		1,924,804		1.93
New Mexico		4		105,090		0.11
New York		32		4,877,869		4.90
North Carolina		8		1,260,138		1.27
Ohio		32		1,205,616		1.21
Oklahoma		10		808,295		0.81
Oregon		4		81,315		0.08
Pennsylvania		24		716,601		0.72
Rhode Island		1		15,000		0.02
South Carolina		10		967,753		0.97


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
State		Loans		Outstanding		Outstanding

Tennessee			23		1,374,953		1.38
Texas			24		2,702,301		2.72
Utah			11		1,172,315		1.18
Vermont			1		31,000		0.03
Virginia			30		2,733,909		2.75
Washington			35		2,624,229		2.64
West Virginia			1		24,900		0.03
Wisconsin			9		240,502		0.24

	Total		1,041	$	99,510,764		100.00	%

Credit Bureau Risk Scores(1) for the Fixed Rate Initial Mortgage Loans*


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Credit Bureau Risk Scores		Loans		Outstanding		Outstanding

621 or Greater			476	$	42,495,837		42.70	%
601 - 620			205		20,648,021		20.75
581 - 600			117		14,315,918		14.39
561 - 580			99		9,403,848		9.45
541 - 560			57		7,136,647		7.17
521 - 540			55		3,868,868		3.89
501 - 520			22		940,767		0.95
500 or Less			6		518,769		0.52
Not Scored			4		182,088		0.18

	Total		1,041	$	99,510,764		100.00	%

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




*		The weighted average Credit Bureau Risk Score of the Fixed Rate Initial Mortgage Loans as of the Cut-off Date was approximately 612.

Types of Mortgaged Properties for the Initial Mortgage Loans


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Property Type		Loans		Outstanding		Outstanding

Single-Family Dwelling			1,318	$	173,511,481		82.45	%
Two- to Four-Family Home			19		2,100,823		1.00
Planned Unit Developments			149		26,212,772		12.46
Low-Rise Condominiums			60		7,228,160		3.43
High-Rise Condominiums			2		684,202		0.33
Manufacturing Mobile Homes			10		695,977		0.33

	Total		1,558	$	210,433,415		100.00	%

Occupancy Types for the Initial Mortgage Loans(1)


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Occupancy		Loans		Outstanding		Outstanding

Owner Occupied			1,529		207,778,606		98.74	%
Non-Owner Occupied			26		1,799,546		0.86
Second Home			3		855,263		0.41

	Total		1,558	$	210,433,415		100.00	%

(1)

Based on representations by the Mortgagors at the time of origination of the related Initial Mortgage Loans.

Loan Purposes for the Initial Mortgage Loans


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Loan Purpose		Loans		Outstanding		Outstanding

Purchase			647	$	62,561,580		29.73	%
Refinance — Rate/Term			251		27,608,197		13.12
Refinance — Cash Out			660		120,263,638		57.15

	Total		1,558	$	210,433,415		100.00	%

Credit Grade Categories for the Initial Mortgage Loans(1)


						Percent of
				Aggregate		Aggregate
		Number of		Principal		Principal
		Mortgage		Balance		Balance
Credit Grade Category		Loans		Outstanding		Outstanding

A			854	$	120,674,561		57.35	%
A–			233		43,120,121		20.49
B			165		17,870,478		8.49
C			168		20,008,381		9.51
C–			89		5,408,851		2.57
D			49		3,351,023		1.59

	Total		1,558	$	210,433,415		100.00	%

(1)

Although the Mortgage Loans were originated by various originators under differing underwriting guidelines, the Statistical Calculation Pool Mortgage Loans loosely correspond to the Countrywide credit grades shown in this table. See “The Mortgage Pool — Underwriting Standards” in the Prospectus Supplement dated August 7, 2001 of CWABS, Inc., relating to its Asset-Backed Certificates, Series 2001-3.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

	(a)		Not applicable.

	(b)		Not applicable.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CWABS, INC.

By: /s/ Josh Adler

Name: Josh Adler
Title: Vice President

Dated: October 18, 2001

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

CWABS INC ASSET BACK CERTIFICATES SERIES 2001-3 8-K