8-K 1 fba01c1.txt JANUARY 8-K 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 : January 16, 2004 (Date of earliest event reported) Commission File No.: 333-53266-01 First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates, Series 2001-C1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2289281 52-2289282 52-7137420 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On January 16, 2004 a distribution was made to holders of First Union Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-C1. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C1, relating to the January 16, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates, Series 2001-C1 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 19, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C1, relating to the January 16, 2004 distribution. EX-99.1 Wells Fargo Bank MN, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union National Bank - Bank of America, N.A Commercial Mortgage Pass-Through Certificates Series 2001-C1 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 01/16/2004 Record Date: 12/31/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 Specially Serviced Loan Detail 20 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 Underwriter First Union Securities, Inc 201 South College Street Charlotte, NC 28288 Contact: William J. Cohane Phone Number (704) 383-4984 Underwriter Banc of America Securities LLC 100 North Tryon Street Charlotte, NC 28255 Contact: David Gertner Phone Number (704) 388-3621 Master Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number (704) 593-7878 Special Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number (704) 593-7878 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 337368AA2 5.711000% 167,224,000.00 ~~140~~138,~~705~~706,~~736~~989.4999 ~~866~~5,~~400~~935,856.5670 A-2 337368AB0 6.136000% 793,233,000.00 793,233,000.00 0.00 A-2F 337368AW4 1.~~550000~~600000% 60,000,000.00 60,000,000.00 0.00 B 337368AC8 6.315000% 52,331,000.00 52,331,000.00 0.00 C 337368AD6 6.403000% 26,166,000.00 26,166,000.00 0.00 D 337368AE4 6.484000% 26,165,000.00 26,165,000.00 0.00 E 337368AF1 6.624000% 16,354,000.00 16,354,000.00 0.00 F 337368AG9 6.838000% 13,082,000.00 13,082,000.00 0.00 G 337368AH7 6.936000% 26,166,000.00 26,166,000.00 0.00 H 337368AJ3 7.039000% 16,354,000.00 16,354,000.00 0.00 J 337368AK0 6.000000% 19,624,000.00 19,624,000.00 0.00 K 337368AL8 6.000000% 16,353,000.00 16,353,000.00 0.00 L 337368AM6 6.000000% 13,083,000.00 13,083,000.00 0.00 M 337368AN4 6.000000% 6,541,000.00 6,541,000.00 0.00 N 337368AP9 6.000000% 9,812,000.00 9,812,000.00 0.00 O 337368AQ7 6.000000% 13,083,000.00 13,083,000.00 0.00 P 337368AR5 6.000000% 6,542,000.00 6,542,000.00 0.00 Q 337368AS3 6.000000% 26,165,728.54 25,892,495.27 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 Totals 1,308,278,728.54 1,~~281~~279,~~487~~488,~~231~~485.7626 ~~866~~5,~~400~~935,856.5670

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level (1) A-1 337368AA2 ~~669~~660,~~642~~129.0568 0.00 0.00 16,~~536~~595,~~042~~986.6138 ~~139~~132,~~839~~771,~~335~~133.9329 22.4540% A-2 337368AB0 4,056,064.74 0.00 0.00 4,056,064.74 793,233,000.00 22.4540% A-2F 337368AW4 8082,~~083~~666.3367 0.00 0.00 8082,~~083~~666.3367 60,000,000.00 22.4540% B 337368AC8 275,391.89 0.00 0.00 275,391.89 52,331,000.00 18.3728% C 337368AD6 139,617.42 0.00 0.00 139,617.42 26,166,000.00 16.3222% D 337368AE4 141,378.22 0.00 0.00 141,378.22 26,165,000.00 14.2816% E 337368AF1 90,274.08 0.00 0.00 90,274.08 16,354,000.00 1312.0088% F 337368AG9 74,545.60 0.00 0.00 74,545.60 13,082,000.00 11.9885% G 337368AH7 151,239.48 0.00 0.00 151,239.48 26,166,000.00 9.9479% H 337368AJ3 95,929.84 0.00 0.00 95,929.84 16,354,000.00 8.6650% J 337368AK0 98,120.00 0.00 0.00 98,120.00 19,624,000.00 76.1395% K 337368AL8 81,765.00 0.00 0.00 81,765.00 16,353,000.00 5.8567% L 337368AM6 65,415.00 0.00 0.00 65,415.00 13,083,000.00 4.8364% M 337368AN4 32,705.00 0.00 0.00 32,705.00 6,541,000.00 4.3212% N 337368AP9 49,060.00 0.00 0.00 49,060.00 9,812,000.00 3.5535% O 337368AQ7 65,415.00 0.00 0.00 65,415.00 13,083,000.00 2.5332% P 337368AR5 32,710.00 0.00 0.00 32,710.00 6,542,000.00 21.0281% Q 337368AS3 98286,~~959~~719.7168 0.00 02,936,715.0017 98286,~~959~~719.7168 2522,~~892~~955,~~495~~780.2710 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 6,~~298~~479,~~316~~147.3630 0.00 02,936,715.0017 712,~~164~~415,~~716~~004.9200 1,~~280~~270,~~620~~615,~~831~~913.2039

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount IO-I 337368AT1 0.~~904135~~901672% 392,483,618.56 ~~384~~383,~~446~~846,~~169~~545.5358 IO-II 337368AU8 2.~~000900~~000831% 216,976,777.50 216,976,777.50 IO-III 337368AV6 2.~~033419~~032681% 915,795,109.98 ~~897~~895,~~041~~641,~~062~~939.2368

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount IO-I 337368AT1 ~~289~~288,~~659~~419.2578 0.00 ~~289~~288,~~659~~419.2578 ~~384~~381,~~186~~184,~~249~~774.3602 IO-II 337368AU8 361,~~790~~778.7717 0.00 361,~~790~~778.7717 216,976,777.50 IO-III 337368AV6 1,~~520~~517,~~050~~128.0655 0.00 1,~~520~~517,~~050~~128.0655 ~~896~~889,~~434~~431,~~581~~139.8437 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the balance of all classes which are not subordinate to the designated class and dividing the result by (A).

Certificate Factor Detail Beginning Principal Interest Prepayment Realized Loss/ Ending Class CUSIP Balance Distribution Distribution Penalties Additional Trust Balance Fund Expenses A-1 337368AA2 ~~841~~829.~~42070809~~46819828 535.~~18107784~~49644010 43.~~00446138~~94757738 0.00000000 0.00000000 ~~836~~793.~~23963026~~97175818 A-2 337368AB0 1,000.00000000 0.00000000 5.11333333 0.00000000 0.00000000 1,000.00000000 A-2F 337368AW4 1,000.00000000 0.00000000 1.~~33472217~~37777783 0.00000000 0.00000000 1,000.00000000 B 337368AC8 1,000.00000000 0.00000000 5.26250005 0.00000000 0.00000000 1,000.00000000 C 337368AD6 1,000.00000000 0.00000000 5.33583352 0.00000000 0.00000000 1,000.00000000 D 337368AE4 1,000.00000000 0.00000000 5.40333346 0.00000000 0.00000000 1,000.00000000 E 337368AF1 1,000.00000000 0.00000000 5.52000000 0.00000000 0.00000000 1,000.00000000 F 337368AG9 1,000.00000000 0.00000000 5.69833359 0.00000000 0.00000000 1,000.00000000 G 337368AH7 1,000.00000000 0.00000000 5.78000000 0.00000000 0.00000000 1,000.00000000 H 337368AJ3 1,000.00000000 0.00000000 5.86583344 0.00000000 0.00000000 1,000.00000000 J 337368AK0 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 K 337368AL8 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 337368AM6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 337368AN4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 337368AP9 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 O 337368AQ7 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 P 337368AR5 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 Q 337368AS3 989.55758982 0.00000000 310.~~78203534~~95783286 0.00000000 0112.~~00000000~~23517685 ~~989~~877.~~55758982~~32241298 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount IO-I 337368AT1 ~~979~~977.~~52156816~~99380007 0.~~73801615~~73485814 0.00000000 ~~978~~971.~~85932353~~21193343 IO-II 337368AU8 1,000.00000000 1.~~66741701~~66735894 0.00000000 1,000.00000000 IO-III 337368AV6 ~~979~~977.~~52156815~~99380005 1.~~65981456~~65662443 0.00000000 ~~978~~971.~~85932352~~21193341

Reconciliation Detail Advance Summary P & I Advances Outstanding 1497,~~133,472~~930.9007 Servicing Advances Outstanding ~~216~~40,~~067~~233.9816 Reimbursement for Interest on Advances 0.00 paid from general collections Aggregate amount of Nonrecoverable Advances 0.00 Current 1 Month LIBOR 0.01 Current Period Accrued Servicing Fees 86,~~616~~472.8949 Less Delinquent Servicing Fees 35,~~178~~203.0229 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 34,~~775~~293.7112 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 8785,~~214~~562.5832

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Distribution Distributable Interest Interest Shortfall Interest Interest Fund Certificate Adjustment Expenses Interest A-1 ~~669~~660,~~642~~129.0568 0.00 ~~669~~660,~~642~~129.0568 0.00 0.00 ~~669~~660,~~642~~129.0568 0.00 A-2 4,056,064.74 0.00 4,056,064.74 0.00 0.00 4,056,064.74 0.00 A-2F 8082,~~083~~666.3367 0.00 8082,~~083~~666.3367 0.00 0.00 8082,~~083~~666.3367 0.00 IO-I ~~289~~288,~~659~~419.2578 0.00 ~~289~~288,~~659~~419.2578 0.00 0.00 ~~289~~288,~~659~~419.2578 0.00 IO-II 361,~~790~~778.7717 0.00 361,~~790~~778.7717 0.00 0.00 361,~~790~~778.7717 0.00 IO-III 1,~~520~~517,~~050~~128.0655 0.00 1,~~520~~517,~~050~~128.0655 0.00 0.00 1,~~520~~517,~~050~~128.0655 0.00 B 275,391.89 0.00 275,391.89 0.00 0.00 275,391.89 0.00 C 139,617.42 0.00 139,617.42 0.00 0.00 139,617.42 0.00 D 141,378.22 0.00 141,378.22 0.00 0.00 141,378.22 0.00 E 90,274.08 0.00 90,274.08 0.00 0.00 90,274.08 0.00 F 74,545.60 0.00 74,545.60 0.00 0.00 74,545.60 0.00 G 151,239.48 0.00 151,239.48 0.00 0.00 151,239.48 0.00 H 95,929.84 0.00 95,929.84 0.00 0.00 95,929.84 0.00 J 98,120.00 0.00 98,120.00 0.00 0.00 98,120.00 0.00 K 81,765.00 0.00 81,765.00 0.00 0.00 81,765.00 0.00 L 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 M 32,705.00 0.00 32,705.00 0.00 0.00 32,705.00 0.00 N 49,060.00 0.00 49,060.00 0.00 0.00 49,060.00 0.00 O 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 P 32,710.00 0.00 32,710.00 0.00 0.00 32,710.00 0.00 Q 129,462.48 0.00 129,462.48 157,257.20 0.00 30286,~~502~~719.7768 9884,~~959~~999.7195 ~~211,761.44~~ Total 8,~~500~~489,~~319~~216.2160 0.00 8,~~500~~489,~~319~~216.2160 157,257.20 0.00 ~~30,502.77~~ 8,~~469~~646,~~816~~473.4480 ~~211~~84,~~761~~999.4495

Other Required Information Available Distribution Amount (1) 914,~~336~~582,~~217~~330.0050 Net Payments Made to Swap Counterparty ~~226~~224,~~716~~133.6733 Net Payments Received by Swap Counterparty 0.00 Aggregate Number of Outstanding Loans ~~181~~179 Aggregate Unpaid Principal Balance of Loans 1,~~280~~270,~~734~~679,~~903~~672.1546 Aggregate Stated Principal Balance of Loans 1,~~280~~270,~~620~~615,~~831~~913.2039 Aggregate Amount of Servicing Fee 8785,~~214~~562.5832 Aggregate Amount of Special Servicing Fee 11,~~575~~558.6389 Aggregate Amount of Trustee Fee 2,~~349~~345.3973 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 1 Aggregate Unpaid Principal Balance 44,~~936~~869,~~568~~416.8713 4.02 (a) (xxxii), (xxxiii), (xxxiv) The Swap Contract is in effect and there was no Rating Agency Trigger Event or Swap Default during the current period. (1) The Available Distribution Amount includes any Prepayment Premiums .

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 8,802,168.16 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 8,802,168.16 Principal: Scheduled Principal 880,234.54 Unscheduled Principal 5,055,622.16 Principal Prepayments 5,055,622.16 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 5,935,856.70 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 14,738,024.86 Total Funds Distributed Fees: Master Servicing Fee 86,472.49 Trustee Fee 2,345.73 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 88,818.22 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount (168,816.09) Special Servicing Fee 11,558.89 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses (157,257.20) Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 8,646,473.80 Principal Distribution 5,935,856.70 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 224,133.33 Total Payments to Certificateholders & Others 14,806,463.83 Total Funds Distributed 14,738,024.85

Appraisal Reduction Amount Appraisal Cumulative Current Date Appraisal Loan Reduction ASER ASER Reduction Number Amount Amount Amount Effected 265950393 2,127,425.73 80,016.26 10,637.13 11/12/2003 265950392 1,658,001.40 69,872.69 8,290.01 11/12/2003 Total 3,785,427.13 149,888.95 18,927.14

Current Mortgage Loan and Property Stratification Tables Scheduled Balance % Of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) Below 2,000,000 35 47,~~961~~872,~~453~~248.9877 3.7577 8280 8.2971 1.~~408710~~395897 2,000,001 to 4,000,000 48 ~~133~~134,~~707~~550,~~775~~759.8216 10.4459 8178 8.~~1142~~1093 1.~~389678~~364865 4,000,001 to 6,000,000 2523 ~~124~~114,~~186~~942,~~642~~312.6027 9.7005 8381 8.~~1756~~1725 1.~~427234~~484300 6,000,001 to 8,000,000 21 144,~~849~~595,~~025~~732.6892 11.3138 8179 7.9608 1.~~420658~~518706 8,000,001 to 10,000,000 16 142,~~424~~200,~~375~~336.2654 11.1219 8381 8.~~0632~~0629 1.~~474365~~490101 10,000,001 to 15,000,000 18 223,~~862~~610,~~026~~561.2740 17.4860 8482 7.~~9393~~9392 1.~~396164~~416334 15,000,001 to 20,000,000 6 108,~~989~~836,~~309~~721.3574 8.5157 8482 7.~~8667~~8666 1.~~310329~~332540 20,000,001 to 25,000,000 7 ~~169~~168,~~179~~850,~~389~~054.4810 13.2129 7977 7.7958 1.~~405727~~321915 25,000,001 to 30,000,000 2 52,~~184~~081,~~833~~310.6758 4.0710 8381 8.0815 2.~~045301~~045005 30,000,001 to 35,000,000 0 0.00 0.00 0 0.0000 0.000000 35,000,001 to 40,000,000 1 39,~~525~~463,~~068~~583.7304 3.0911 8583 7.7500 10.~~020000~~640000 40,000,001 to 45,000,000 1 44,~~936~~869,~~568~~416.8713 3.5153 8583 7.9200 0.590000 45,000,001 and greater 1 48,~~814~~742,~~361~~876.4974 3.84 81 83 8.0665 1.~~430000~~510000 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

State(3) % Of # of Scheduled Agg. WAM Weighted State Props Balance Bal. (2) WAC Avg DSCR(1) Alabama 1 1,~~568~~564,~~096~~064.9619 0.12 8583 7.8200 1.620000 Arizona 6 36,~~484~~431,~~555~~014.1582 2.8587 8280 8.0942 1.~~433310~~462495 California 35 291,~~605~~105,~~541~~479.5305 22.7791 8381 7.9748 1.~~329007~~292465 Connecticut 2 8,~~600~~587,~~366~~655.8967 0.6768 8179 8.2250 1.~~392481~~393896 Delaware 1 11,~~683~~662,~~898~~127.7822 0.9192 8381 8.3270 0.~~840000~~960000 Florida 20 111,~~943~~742,~~654~~282.3307 8.7479 8078 7.8429 1.~~439874~~448742 Georgia 7 42,~~399~~351,~~143~~099.8570 3.3133 8482 8.~~0708~~0707 1.~~223351~~216304 Hawaii 1 8,~~189~~176,~~047~~984.7547 0.64 8583 7.9800 1.640000 Idaho 2 5,~~869~~860,~~104~~430.2279 0.46 8381 8.0287 1.215332 Illinois 7 41,~~319~~239,~~839~~026.4366 3.2325 7876 8.5195 1.~~279651~~313227 Iowa 2 5,~~422~~414,~~592~~703.7764 0.4243 8684 8.0073 1.~~516790~~516782 Kentucky 2 28,~~991~~949,~~400~~898.0991 2.2628 7977 8.1256 1.~~327463~~413154 Louisiana 5 24,~~321~~267,~~569~~483.8573 1.9091 7472 7.9509 1.~~128787~~200180 Maryland 5 29,~~579~~528,~~266~~120.2408 2.3132 8280 8.~~0496~~0495 1.~~659267~~645440 Michigan 6 25,~~674~~626,~~972~~716.84 2.0002 8482 8.0897 1.~~404361~~448718 Minnesota 1 4,~~710~~698,~~334~~562.4884 0.37 8482 8.0400 1.~~140000~~070000 Missouri 3 16,~~786~~753,~~979~~780.4511 1.3132 8280 8.0674 1.~~248879~~256437 Montana 1 ~~862~~861,~~260~~168.3300 0.07 8482 8.6250 1.670000 Nevada 7 49,~~470~~399,~~681~~302.2188 3.8689 8179 8.1231 1.~~130375~~137593 New Hampshire 1 8,~~301~~289,~~541~~569.4576 0.65 8381 8.1300 0.~~890000~~960000 New Jersey 13 74,~~940~~807,~~105~~470.4289 5.8589 8381 8.~~2228~~2227 1.~~430262~~507559 New Mexico 1 2,~~861~~857,~~507~~455.1163 0.22 7573 8.4700 1.~~190000~~250000 New York 6 28,~~455~~396,~~582~~490.9233 2.2223 8179 8.~~0803~~0802 1.~~581621~~610427 North Carolina 11 108,~~906~~765,~~503~~587.6028 8.5056 8583 7.~~7386~~7385 1.~~312189~~156510 Ohio 2 5,~~554~~547,~~769~~549.1803 0.4344 8381 8.0417 1.~~785588~~785636 Oklahoma 2 8,~~945~~929,~~091~~247.9156 0.70 8078 8.~~6490~~6488 1.~~799318~~840148 Pennsylvania 3 34,~~654~~601,~~382~~760.1889 2.7172 8482 8.1505 1.~~111302~~146373 South Carolina 6 13,~~405~~383,~~916~~206.9066 1.05 8381 8.0790 1.~~408764~~402135 Tennessee 4 18,~~312~~302,~~005~~709.7712 1.4344 8381 7.~~5506~~5503 2.~~073136~~034262 Texas 97 8375,~~285~~157,~~544~~097.5740 65.5092 7876 7.~~9482~~9098 1.~~441137~~516034 Virginia 12 125,~~157~~052,~~746~~807.6522 9.7784 8583 7.~~7627~~7624 1.~~636776~~668164 Washington 3 22,~~356~~305,~~827~~059.3996 1.7576 8381 8.~~0159~~0160 1.~~660725~~703160 Totals ~~187~~185 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.19 or less 5449 ~~480~~450,~~440~~080,~~069~~027.9075 3735.5242 8381 8.~~0495~~0375 0.~~955601~~906783 1.20 to 1.24 11 5434,~~119~~957,~~756~~411.0976 42.2375 7976 8.~~1063~~1352 1.~~219587~~211560 1.25 to 1.29 11 6365,~~558~~573,~~594~~631.4625 45.9616 8381 8.~~1021~~1291 1.~~265730~~266046 1.30 to 1.34 912 4985,~~012~~651,~~679~~713.4700 36.8374 8381 8.~~0399~~1048 1.~~316671~~319934 1.35 to 1.39 59 1727,~~572~~238,~~220~~150.1412 12.3714 8480 7.~~9800~~9854 1.~~363743~~364716 1.40 to 1.44 148 ~~132~~60,~~189~~108,~~741~~296.0323 104.3273 8483 87.~~0043~~8883 1.~~422851~~421909 1.45 to 1.49 1110 5052,~~448~~441,~~314~~391.7422 34.9413 8382 7.~~7934~~7886 1.~~468128~~467819 1.50 to 1.54 78 6388,~~667~~974,~~953~~658.6500 47.9700 7881 78.~~8966~~1200 1.~~532547~~516247 1.55 to 1.59 68 1440,~~210~~830,~~381~~518.2930 13.1121 8370 87.~~5141~~8981 1.~~575450~~560600 1.60 to 1.64 7 3727,~~915~~020,~~926~~712.5697 2.9613 8381 8.~~1875~~2714 1.~~627344~~635386 1.65 to 1.69 6 1938,~~807~~908,~~562~~963.8816 13.5506 82 87.~~0028~~8862 1.~~673330~~673623 1.70 to 1.74 20 ~~23,608,115~~0.1500 10.8400 810 80.~~1459~~0000 10.~~735040~~000000 1.75 to 1.79 3 1315,~~600~~729,~~027~~302.6597 1.0624 8379 8.~~0832~~3578 1.~~755347~~762336 1.80 to 1.89 1312 ~~105~~113,~~694~~256,~~420~~959.3076 8.2591 7978 7.~~6738~~6727 1.~~862320~~842580 1.90 and greater 2225 ~~154~~169,~~775~~844,~~067~~176.8990 1213.0937 8381 7.~~8723~~9097 2.~~262911~~230516 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Property Type Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Health Care 1 9,~~765~~742,~~757~~481.2611 0.7677 7270 8.8900 2.~~250000~~230000 Industrial 9 59,~~986~~885,~~120~~324.5230 4.6871 8583 7.9236 1.~~320880~~406473 Lodging 15 108,~~743~~475,~~367~~451.4479 8.4954 8280 8.~~2498~~2499 1.~~495073~~370710 Mixed Use 2 6,~~358~~349,~~065~~245.7517 0.50 8482 8.2500 1.~~758324~~758322 Mobile Home Park 1 ~~862~~861,~~260~~168.3300 0.07 8482 8.6250 1.670000 Multi-Family 5856 ~~392~~383,~~394~~948,~~619~~844.6595 30.6422 8481 7.~~8954~~8865 1.~~269124~~307380 Office 35 374,~~666~~054,~~572~~295.7728 29.2644 8381 8.0133 1.~~376344~~347986 Retail 66 327,~~844~~299,~~067~~102.4879 25.6076 8078 7.9655 1.~~503327~~515183 Totals ~~187~~185 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 7.499% or less 13 155,~~878~~743,~~106~~323.3473 12.1726 8078 7.3218 1.~~779044~~780640 7.500% to 7.749% 9 45,~~438~~359,~~723~~480.9203 3.5557 8482 7.6352 1.~~712183~~678713 7.750% to 7.999% 44 407,~~849~~190,~~837~~148.0968 3132.8505 8381 7.~~8789~~8790 1.~~290102~~222302 8.000% to 8.249% 54 444,~~977~~240,~~881~~129.4960 34.7596 8381 8.0923 1.~~380351~~413002 8.250% to 8.499% 3937 ~~142~~134,~~453~~220,~~293~~340.7656 1110.1256 8380 8.~~3218~~3225 1.~~166137~~244443 8.500% to 8.749% 11 32,~~676~~628,~~228~~235.7812 2.5557 7876 8.6570 1.~~389039~~366997 8.750% to 8.999% 4 21,~~503~~454,~~512~~776.3268 1.6869 7371 8.8718 1.~~194941~~294133 9.000% and greater 7 29,~~843~~779,~~247~~478.5099 2.3334 8280 9.0236 1.~~682780~~714631 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 8630 ~~601~~209,~~497~~816,~~321~~261.9350 4616.9751 8584 7.~~8553~~6947 1.~~312709~~501883 37 to 48 months 87136 ~~606~~961,~~910~~800,~~359~~376.9710 4775.3970 81 8.~~1866~~0710 1.~~452749~~356813 49 months and greater 813 7298,~~213~~999,~~149~~275.3079 57.6479 66 7.~~4431~~7897 1.~~546139~~507540 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 65 months or less 6 25,~~300~~223,~~856~~834.3554 1.9899 5957 7.~~6743~~6744 1.~~265870~~334400 66 to 96 months ~~175~~173 1,~~255~~245,~~319~~392,~~974~~078.85 98.0201 8381 7.~~9954~~9933 1.~~394786~~393689 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 9 91,750,000.00 7.1622 8684 7.3369 1.844578 180 months or less 1 ~~766~~759,~~036~~807.6086 0.06 8280 8.1300 2.~~350000~~280000 181 to 228 months 2 5,~~951~~928,~~558~~399.7603 0.4647 6967 7.~~9327~~9326 1.~~095220~~095175 229 to 240 months 1 7,~~364~~339,~~333~~069.5399 0.58 6058 7.2500 1.870000 241 to 252 months 56 3034,~~524~~491,~~341~~080.0342 2.3871 7068 8.~~4745~~5515 1.~~111409~~305534 253 to 288 months 4241 ~~259~~254,~~401~~750,~~840~~272.5953 20.2605 8281 8.~~2022~~1876 1.~~433336~~417954 289 to 300 months 01 023,804,667.0054 01.0087 066 07.~~0000~~3750 01.~~000000~~550000 301 to 336 months ~~121~~118 ~~884~~851,~~862~~792,~~720~~616.6902 6967.1004 8381 7.~~9839~~9979 1.~~340169~~332494 347 to 348 months 0 0.00 0.00 0 0.0000 0.000000 349 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512

Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1 year or less ~~178~~167 1,~~268~~216,~~979~~773,~~990~~363.3489 9995.0976 8280 7.~~9863~~9864 1.~~396694~~390212 1 to 2 years 212 853,~~703~~842,~~881~~549.9650 04.6824 8577 87.~~2849~~9993 01.~~935821~~444490 2 years or greater 10 ~~2,936,958~~0.9000 0.2300 850 80.~~3100~~0000 0.~~820000~~000000 Totals ~~181~~179 1,~~280~~270,~~620~~615,~~831~~913.2039 100.00 8280 7.~~9891~~9870 1.~~392239~~392512 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 600000001 1 OF Arlington VA ~~339~~338,~~279~~786.8674 2930,~~922~~416.9911 8.067% 265950410 2 OF San Francisco CA 306,~~660~~205.4759 28,~~309~~764.3725 7.920% 265950417 3 OF Emeryville CA 263,~~949~~542.7716 26,~~197~~604.1980 7.750% 600000004 4 OF Irving TX 186,~~841~~575.1468 1516,~~822~~087.2268 8.160% 600000005 5 LO Various Various 176,~~630~~182.6263 2930,~~567~~015.8079 8.000% 255999835 6 LO Charlotte NC 167,~~768~~327.4355 30,~~058~~499.2917 7.790% 600000007 7 OF Louisville KY 174,~~409~~153.0403 15,~~374~~630.2425 8.150% 600000008 8 LO Various Various 168,~~485~~058.3502 28,~~204~~631.3063 8.000% 265330983 9 RT East Caln Township PA 171,~~614~~368.9440 1415,~~877~~123.2377 8.090% 600000010 10 RT Sherman TX 151,~~617~~313.3689 21,~~381~~685.8936 7.375% 600000011 11 OF Santa Clara CA 158,~~495~~253.1110 15,~~271~~513.7374 7.860% 600000012 12 RT St. Augustine FL 144,~~283~~008.0815 19,~~602~~876.0497 7.260% 265950323 13 MF Brandon FL 134,~~279~~076.0770 12,~~685~~888.7613 7.890% 265950318 14 MF Las Vegas NV 132,~~745~~560.9157 1011,~~993~~178.0337 8.170% 265950396 15 MF Jacksonville FL 124,~~722~~562.3807 910,~~935~~096.9324 7.770% 600000016 16 OF Seattle WA 121,~~673~~364.2375 20,~~500~~809.5503 7.950% 600000017 17 RT Phoenix AZ 122,~~485~~303.9082 11,~~186~~368.1523 8.010% 265950379 18 MF Charlotte NC 102,848.96 0.00 7.350% 265950402 19 RT Jacksonville NC 101,~~590~~440.6650 9,~~353~~503.1329 7.910% 265950389 20 MF Charlottesville VA 94,937.50 0.00 7.350% 600000021 21 MF Las Vegas NV 101,~~610~~460.0580 9,~~082~~231.6994 8.060% 600000022 22 RT Fountain Valley CA 102,~~198~~065.1222 7,~~236~~369.3323 8.660% 265330956 23 OF Sacramento CA 92,~~314~~080.9804 15,~~553~~788.8781 7.980% 265330957 24 OF Morristown NJ 89,~~271~~169.4883 56,~~936~~038.7338 7.980% 265950371 25 MF Norcross GA 85,619.42 0.00 7.860% 265950373 26 MF Durham NC 86,245.36 0.00 7.930% 265950452 27 IN Greenville NC 82,~~494~~368.9228 8,~~131~~257.2387 7.750% 265950333 28 MF San Diego CA 81,~~880~~763.7719 7,~~157~~275.9351 8.030% 265950325 29 MF Franklin TN 74,916.67 0.00 7.250% 265950364 30 IN Hayward CA 82,~~936~~838.7262 5,~~701~~799.3141 8.070% 600000031 31 MF Newark DE 83,~~846~~691.64 9,~~423~~578.22 8.327% 265950332 32 MF San Diego CA 79,~~173~~060.9727 67,~~921~~035.3000 8.030% 265330997 33 MF Houston TX 7877,~~056~~944.0619 6,~~737~~849.3320 8.100% 600000034 34 MF Edgewater Park NJ 77,~~298~~155.5465 8,~~687~~830.3120 8.327% 265950380 35 MF Virginia Beach VA 66,456.25 0.00 7.350% 265330990 36 MF Shreveport LA 70,~~357~~252.2963 6,~~468~~573.5117 7.970% 355132465 37 RT Clinton MD 61,~~550~~443.2871 7,~~520~~626.0764 7.250% 600000038 38 HC Swansea IL 74,~~838~~661.4764 10,~~304~~481.4225 8.890% 600000039 39 OF Augusta GA 6867,~~082~~987.0645 5,~~542~~636.0768 8.250% 265950376 40 MF Richmond VA 60,127.08 0.00 7.350% 265950388 41 MF Richmond VA 60,127.08 0.00 7.350% 265950406 42 RT Bradley IL 64,~~870~~778.4687 5,~~500~~592.5716 8.100% 265950351 43 IN San Jose CA 58,~~537~~445.1305 6,~~053~~145.0412 7.620% 600000044 44 LO Elmhurst IL 6766,~~018~~860.7686 9,~~244~~402.5141 8.850% 265330842 45 LO Linthicum MD 67,~~484~~342.1413 8,~~043~~185.5354 9.000% 600000046 46 OF Santa Clara CA 58,~~786~~636.1159 10,~~022~~172.8032 7.890% 600000047 47 RT Ridgefield NJ 60,~~688~~539.3037 9,~~611~~760.9083 8.140% 265950310 48 MF Brooklyn NY 58,~~483~~397.2215 5,~~293~~379.6673 7.990% 600000049 49 OF Bedford NH 58,~~152~~069.6441 45,~~989~~072.3861 8.130% 600000050 50 OF Westport CT 57,~~979~~896.3775 4,~~890~~973.9759 8.210% 265950399 51 RT Aiea HI 56,~~307~~224.2189 5,~~065~~147.4678 7.980% 265950374 52 RT Encinitas CA 56,~~546~~465.2095 4,~~796~~876.4873 8.140% 600000053 53 OF Hempstead NY 55,~~520~~384.5393 8,~~653~~789.5010 8.220% 265950385 54 MF Glen Allen VA 50,633.33 0.00 7.350% 600000055 55 IN Troy MI 52,~~142~~066.1813 4,~~670~~746.5661 7.990% 600000056 56 RT Newark CA 4645,~~049~~892.4671 11,~~775~~931.0984 7.250% 265950339 57 MF Pine Hill NJ 55,~~373~~270.3396 6,~~223~~325.2057 8.327% 265950412 58 RT Boone NC 48,~~195~~118.2806 5,~~153~~230.3456 7.540% 265331002 59 MF Harrisonburg VA 48,~~583~~509.9738 4,~~788~~863.7433 7.750% 600000060 60 RT West Islip NY 47,~~451~~375.9631 45,~~947~~023.0671 7.770% 265950420 61 RT LasVegas NV 50,~~079~~010.5235 4,~~081~~150.8097 8.190% 600000062 62 IN La Mirada CA 47,~~980~~859.1165 7,~~877~~997.1460 8.060% 600000063 63 OF Palm Springs CA 48,~~557~~485.7215 4,~~404~~476.2683 8.100% 265950343 64 MF Marlton NJ 49,~~686~~594.7590 5,~~584~~675.1196 8.327% 600000065 65 MF New Orleans LA 44,~~380~~248.6676 89,~~998~~130.8979 7.860% 265950340 66 MF Camden NJ 46,~~568~~482.1809 5,~~233~~319.6372 8.327% 600000067 67 OF Clearwater FL 42,~~126~~061.2807 4,~~198~~263.7899 7.740% 600000068 68 MF Dallas TX 4443,~~026~~960.7349 4,~~019~~085.0630 8.110% 600000069 69 MF West Lawn PA 45,~~905~~821.9711 5,~~159~~244.2107 8.327% 600000070 70 RT Gilbert AZ 44,~~146~~083.7089 3,~~701~~764.7455 8.240% 265331001 71 RT Sunnyvale CA 40,~~738~~683.8061 3,~~570~~626.8403 7.560% 600000072 72 RT Norcross GA 42,~~331~~269.2030 3,~~808~~870.1606 7.980% 265950316 73 RT Antioch CA 43,~~234~~176.8342 3,~~357~~416.7617 8.340% 600000074 74 OF Parsippany NJ 41,~~089~~029.2418 3,~~641~~701.3844 8.080% 265950383 75 MF Concord NC 37,975.00 0.00 7.350% 265950324 76 MF Phoenix AZ 39,~~964~~904.1838 3,~~727~~787.5434 7.920% 265330839 77 LO Clearwater FL 44,~~989~~894.4375 5,~~362~~457.3503 9.000% 600000078 78 OF St. Charles IL 44,~~090~~033.6559 3,~~068~~125.5359 8.740% 265330958 79 RT Rancho Cordova CA 39,~~294~~237.70 3,~~465~~522.98 8.050% 600000080 80 OF High Point NC 36,~~911~~852.2492 3,~~782~~840.5587 7.714% 265950307 81 MF Riverside CA 37,~~807~~753.3194 3,~~193~~246.3875 8.125% 265330849 82 LO Glen Allen VA 41,~~240~~153.3152 45,~~915~~002.4928 9.000% 265950342 83 MF Eatontown NJ 38,~~891~~819.0111 4,~~370~~442.8171 8.327% 265950393 84 MF College Station TX 36,~~273~~224.4756 23,~~823~~212,319.0885 8.310% 265950375 85 MF Virginia Beach VA 31,645.83 0.00 7.350% 265950314 86 MU Oklahoma City OK 34,~~754~~706.2523 2,~~809~~857.0810 8.250% 600000087 87 OF Fresno CA 32,~~797~~713.2581 5,~~561~~645.9943 7.930% 600000088 88 IN Burnsville MN 32,~~647~~566.9298 5,~~301~~381.0195 8.040% 265950331 89 MF St. Joseph MI 32,~~446~~398.9660 3,~~021~~069.1450 7.900% 600000090 90 MF Oakland Park FL 32,~~146~~099.5643 2,~~880~~927.2336 8.030% 265330980 91 RT Orange CA 33,~~300~~255.1942 2,~~563~~607.2198 8.360% 600000092 92 OF Coral Springs FL 29,~~900~~856.6189 2,~~689~~733.8961 7.980% 600000093 93 MF St. Louis MO 29,~~580~~539.6961 2,~~392~~433.3240 8.290% 600000094 94 RT Tulsa OK 31,~~917~~847.6212 34,~~953~~024.7828 9.130% 600000095 95 RT Prince Frederick MD 28,~~982~~938.2851 2,~~600~~644.4522 8.260% 265330955 96 OF Southgate KY 28,~~566~~534.8735 1,~~899~~932.7628 7.980% 600000097 97 MF Freehold NJ 29,~~734~~679.8790 3,~~341~~396.7976 8.327% 600000098 98 OF Santa Monica CA 27,~~905~~865.7441 2,~~436~~476.2457 8.090% 600000099 99 RT Gilbert AZ 28,~~046~~006.1423 2,~~351~~391.6960 8.240% 265330986 100 MF Conyers GA 26,~~483~~450.2302 2,~~007~~040.5475 7.900% 600000101 101 RT Los Gatos CA 25,~~585~~545.1659 2,~~477~~516.1370 7.930% 600000102 102 OF Columbia SC 26,~~122~~084.2054 2,~~270~~308.6632 8.100% 600000103 103 OF Suwanee GA 25,~~427~~391.8024 2,~~219~~255.1975 8.050% 265330949 104 RT Allison Park PA 25,~~857~~821.1644 2,~~089~~125.9668 8.250% 265330964 105 OF Glen Burnie MD 24,~~996~~967.0255 1,~~662~~690.2875 7.980% 265950433 106 RT Boca Raton FL 22,~~927~~892.4703 2,~~288~~324.7418 7.720% 265330966 107 OF Shrewsbury MO 24,~~034~~007.6326 1,~~598~~625.3572 7.980% 265950407 108 IN North East MD 22,~~172~~138.5551 2,~~185~~219.4751 7.750% 600000109 109 RT Shelby NC 23,~~494~~461.4785 1,~~885~~917.2385 8.340% 600000110 110 MF Naples FL 20,~~392~~318.3073 5,~~350~~423.0562 7.500% 600000111 111 RT Wilmington NC 21,~~779~~747.9690 12,~~971~~003.4349 7.990% 600000112 112 RT Nampa ID 21,~~598~~566.6178 1,~~951~~983.9174 8.010% 265330999 113 RT Spencer IA 21,~~127~~097.3118 1,~~822~~853.9811 8.060% 600000114 114 MF New Orleans LA 19,~~654~~595.2988 34,~~985~~043.2263 7.860% 265950392 115 MF College Station TX 2120,~~028~~999.1074 1,~~636~~847,839.5723 8.310% 600000116 116 OF Yonkers NY 20,~~336~~252.7254 5,~~458~~542.1533 8.420% 265330954 117 MF Hialeah FL 19,~~811~~782.3150 1,~~755~~783.0283 8.040% 600000118 118 RT Albuquerque NM 20,~~882~~853.8955 1,~~668~~697.3670 8.470% 265330978 119 RT Mentor OH 19,~~945~~916.3173 1,~~721~~750.5614 8.100% 600000120 120 RT Las Vegas NV 19,~~835~~804.4855 1,~~866~~897.4033 8.190% 600000121 121 RT Boise ID 1918,~~003~~975.0734 1,~~687~~715.9871 8.050% 265330840 122 LO Norcross GA 20,~~995~~950.0788 2,~~502~~546.4362 9.000% 265330965 123 OF Harrison OH 18,~~541~~519.0089 1,~~233~~254.0112 7.980% 265330904 124 RT Commerce ~~Townshi~~Township MI 18,~~152~~126.4103 1,~~621~~647.6098 7.980% 600000125 125 MF Temple City CA 19,~~252~~225.6165 1,~~510~~537.5955 8.570% 600000126 126 MF New Orleans LA 17,~~118~~067.2638 3,~~470~~521.9987 7.860% 600000127 127 RT Ft Worth TX 17,~~660~~635.5809 1,~~544~~569.3382 8.070% 265950327 128 IN Ft. Myers FL 17,~~788~~765.6317 1,~~322~~346.7016 8.437% 265330843 129 LO Warren MI 18,~~745~~706.5915 2,~~234~~273.3276 9.000% 600000130 130 RT Myrtle Beach SC 16,~~823~~799.7639 1,~~475~~499.1350 8.080% 600000131 131 RT Ahoskie NC 16,~~843~~819.6091 1,~~401~~425.6130 8.200% 265331000 132 RT Clinton IA 16,~~285~~261.3040 1,~~480~~504.1202 7.940% 265950302 133 MF Long Beach CA 15,~~683~~659.1857 1,~~510~~534.7132 7.750% 600000134 134 OF Mountain View CA 16,~~093~~054.2611 2,~~520~~560.9005 8.150% 600000135 135 RT Everett WA 16,~~555~~532.2535 1,~~335~~358.7969 8.270% 600000136 136 RT Boiling Springs SC 16,~~411~~388.0628 1,~~316~~339.8563 8.340% 600000137 137 RT Tumwater WA 16,~~250~~228.4208 1,~~301~~324.9226 8.270% 265950355 138 RT Bristol VA 14,~~878~~854.0993 1,~~504~~527.1329 7.690% 600000139 139 RT Lenoir City TN 15,~~629~~607.40 1,~~289~~311.92 8.260% 265330974 140 RT Verona VA 15,~~418~~396.1746 1,~~289~~310.1081 8.173% 600000141 141 OF Las Vegas NV 15,~~101~~079.0214 1,~~329~~350.1098 8.055% 600000142 142 MF Florence SC 14,~~268~~231.6878 2,~~530~~567.3323 7.740% 265950438 143 RT Naperville IL 14,~~346~~324.9492 1,~~414~~436.1315 7.750% 600000144 144 RT Crossville TN 14,~~601~~579.2827 1,~~358~~380.1011 8.000% 265330996 145 MF Shreveport LA 15,~~173~~152.1470 1,~~168~~188.4185 8.375% 600000146 146 RT Rowlett TX 15,~~753~~733.2647 1,~~031~~051.9574 8.910% 600000147 147 RT Knoxville TN 13,~~942~~922.9240 1,~~242~~262.4193 8.100% 600000148 148 RT Medford Township NJ 13,~~897~~876.6977 1,~~251~~271.0799 8.210% 600000149 149 OF Las Vegas NV 13,~~114~~093.1193 1,~~286~~306.0725 7.802% 265950401 150 OF Las Vegas NV 13,~~763~~744.4549 1,~~116~~135.8682 8.200% 600000151 151 RT Little River SC 13,~~046~~026.6378 1,~~253~~273.7055 7.850% 600000152 152 MF Fresno CA 13,~~174~~155.9853 1,~~187~~207.8429 8.040% 600000153 153 IN Orlando FL 12,~~888~~856.1815 2,~~064~~096.3538 8.160% 600000154 154 RT Norfolk VA 13,~~611~~579.0214 1,~~903~~935.8573 8.690% 265950345 155 MF Somerdale NJ 13,~~402~~377.4365 1,~~506~~531.2503 8.327% 600000156 156 OF Wellington FL 13,~~398~~380.2934 ~~983~~1,001.8984 8.660% 600000157 157 RT Orlando FL 13,~~216~~186.9278 1,~~794~~824.6882 8.690% 600000158 158 OF Pasadena CA 12,~~836~~817.7096 1,~~091~~109.2094 8.360% 265950305 159 MF Pico Rivera CA 11,~~557~~540.1886 ~~976~~992.1749 8.125% 600000160 160 RT Glendale AZ 11,~~999~~984.6122 ~~853~~868.0847 8.510% 600000161 161 RT Decatur AL 10,~~571~~544.6972 1,~~826~~853.4441 7.820% 265950329 162 RT Simi Valley CA 10,~~969~~943.0103 1,~~646~~672.1917 8.250% 265950319 163 MU Santa Monica CA 10,~~440~~426.3515 ~~828~~842.6585 8.250% 265950419 164 RT Tampa FL 9,~~899~~884.5386 ~~915~~930.3300 7.900% 265950346 165 MF Thorofare NJ 10,~~021~~002.0149 1,~~126~~144.2375 8.327% 265330917 166 MF Moreno Valley CA 9,~~314~~300.2480 ~~821~~834.3377 8.010% 600000167 167 MF Brooklyn NY 9,~~931~~918.5349 ~~717~~730.5660 8.600% 265950320 168 RT Fresno CA 8,~~934~~913.6641 1,~~341~~362.2752 8.280% 265950336 169 RT Chicago IL 8,~~884~~872.4283 ~~647~~659.8948 8.480% 600000171 171 RT Chandler AZ 7,~~810~~800.5319 ~~585~~595.2357 8.420% 600000172 172 MF Detroit MI 7,~~348~~330.0581 1,~~056~~074.9923 8.490% 600000173 173 RT White Plains NY 6,~~454~~438.0133 ~~985~~1,001.9159 8.330% 600000174 174 RT Atascadero CA 6,~~831~~816.6775 ~~870~~885.6557 8.800% 265950391 175 MF Orangeburg SC 6,~~658~~643.6374 ~~892~~907.2110 8.625% 265950352 176 MH Helena MT 6,~~407~~399.3327 ~~437~~445.2228 8.625% 600000177 177 RT Los Angeles CA 6,~~736~~722.4534 ~~778~~792.3142 9.210% 600000178 178 RT Sarasota FL 5,~~383~~340.8756 23,~~995~~039.7304 8.130% 265950344 179 MF Clementon NJ 5,~~112~~102.3085 ~~574~~584.5500 8.327% 265950326 180 MF Coral Springs FL 4,~~236~~230.5285 ~~323~~329.9158 8.375% 265950315 181 MF Boca Raton FL 4,~~180~~174.0343 ~~319~~325.6020 8.375% 600000182 182 RT Bloomfield CT 2,~~971~~964.8699 ~~418~~425.5946 8.530% Totals 8,~~816~~802,~~002~~168.1416 ~~866~~5,~~400~~935,856.5670

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 600000001 N/A 10/01/2010 N 48,844,284.48 48,814,361.49 11/01/2003 265950410 12/01/2010 11/01/2030 N 44,964,878.24 44,936,568.87 11/01/2003 265950417 12/01/2010 12/01/2030 N 39,551,265.92 39,525,068.73 11/01/2003 600000004 N/A 10/01/2010 N 26,590,295.53 26,574,473.31 11/01/2003 600000005 N/A 09/01/2010 N 25,639,928.16 25,610,360.36 11/01/2003 255999835 N/A 09/01/2010 N 25,009,994.03 24,979,935.74 11/01/2003 600000007 N/A 06/01/2010 N 24,851,476.72 24,836,102.48 11/01/2003 600000008 N/A 09/01/2010 N 24,457,550.64 24,429,346.34 11/01/2003 265330983 N/A 11/01/2010 N 24,634,705.98 24,619,828.75 11/01/2003 600000010 N/A 07/01/2009 N 23,874,138.97 23,852,757.08 11/01/2003 600000011 N/A 10/01/2010 N 23,417,154.95 23,401,883.22 11/01/2003 600000012 N/A 10/01/2009 N 23,079,137.91 23,059,535.87 11/01/2003 265950323 N/A 11/01/2010 N 19,763,876.87 19,751,191.11 11/01/2003 265950318 N/A 12/01/2010 N 18,868,608.92 18,857,615.89 11/01/2003 265950396 N/A 12/01/2010 N 18,640,784.41 18,630,848.48 11/01/2003 600000016 N/A 10/01/2010 N 17,773,326.69 17,752,826.14 11/01/2003 600000017 N/A 09/01/2010 N 17,758,013.88 17,746,827.73 11/01/2003 265950379 N/A 01/01/2011 N 16,250,000.00 16,250,000.00 11/01/2003 265950402 N/A 01/01/2011 N 14,914,822.73 14,905,469.60 11/01/2003 265950389 N/A 01/01/2011 N 15,000,000.00 15,000,000.00 11/01/2003 600000021 N/A 09/01/2010 N 14,640,045.72 14,630,963.03 11/01/2003 600000022 N/A 05/01/2010 N 13,704,582.83 13,697,346.50 11/01/2003 265330956 N/A 09/01/2010 N 13,434,146.37 13,418,592.50 11/01/2003 265330957 N/A 09/01/2010 N 12,991,241.79 12,985,305.06 11/01/2003 265950371 N/A 12/01/2010 N 12,650,000.00 12,650,000.00 11/01/2003 265950373 N/A 12/01/2010 N 12,630,000.00 12,630,000.00 11/01/2003 265950452 N/A 01/01/2011 N 12,361,362.01 12,353,230.78 11/01/2003 265950333 N/A 01/01/2011 N 11,841,513.04 11,834,355.11 11/01/2003 265950325 N/A 12/01/2010 N 12,000,000.00 12,000,000.00 11/01/2003 265950364 N/A 01/01/2011 N 11,934,771.86 11,929,070.55 11/01/2003 600000031 10/01/2010 05/01/2028 N 11,693,322.00 11,683,898.78 11/01/2003 265950332 N/A 01/01/2011 N 11,450,058.13 11,443,136.83 11/01/2003 265330997 N/A 11/01/2010 N 11,190,832.73 11,184,095.40 11/01/2003 600000034 10/01/2010 05/01/2028 N 10,780,119.00 10,771,431.69 11/01/2003 265950380 N/A 01/01/2011 N 10,500,000.00 10,500,000.00 11/01/2003 265330990 N/A 10/01/2010 N 10,251,598.95 10,245,130.44 11/01/2003 355132465 N/A 12/01/2010 N 9,858,999.93 9,851,479.86 11/01/2003 600000038 N/A 11/01/2009 N 9,776,061.68 9,765,757.26 11/01/2003 600000039 N/A 10/01/2010 N 9,583,399.12 9,577,857.05 11/01/2003 265950376 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 11/01/2003 265950388 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 11/01/2003 265950406 N/A 01/01/2011 N 9,300,424.45 9,294,923.88 11/01/2003 265950351 N/A 02/01/2011 N 8,921,076.86 8,915,023.82 11/01/2003 600000044 N/A 12/01/2009 N 8,794,151.30 8,784,906.79 10/01/2003 265330842 N/A 10/01/2010 N 8,707,631.34 8,699,587.81 11/01/2003 600000046 N/A 11/01/2010 N 8,652,439.04 8,642,416.24 11/01/2003 600000047 N/A 10/01/2010 N 8,658,075.82 8,648,463.92 11/01/2003 265950310 N/A 11/01/2010 N 8,500,124.41 8,494,830.75 11/01/2003 600000049 N/A 10/01/2010 N 8,306,530.83 8,301,541.45 11/01/2003 600000050 N/A 08/01/2010 N 8,201,081.43 8,196,190.46 11/01/2003 265950399 N/A 12/01/2010 N 8,194,113.21 8,189,047.75 11/01/2003 265950374 N/A 11/01/2010 N 8,067,144.70 8,062,348.22 11/01/2003 600000053 N/A 09/01/2010 N 7,843,729.22 7,835,075.72 10/01/2003 265950385 N/A 01/01/2011 N 8,000,000.00 8,000,000.00 11/01/2003 600000055 N/A 12/01/2010 N 7,578,499.59 7,573,829.03 11/01/2003 600000056 N/A 11/01/2008 N 7,376,108.62 7,364,333.53 11/01/2003 265950339 10/01/2010 05/01/2028 N 7,722,410.00 7,716,186.80 11/01/2003 265950412 N/A 02/01/2011 N 7,422,906.13 7,417,752.79 11/01/2003 265331002 N/A 01/01/2011 N 7,280,011.68 7,275,222.94 11/01/2003 600000060 N/A 05/01/2010 N 7,092,085.56 7,087,138.50 11/01/2003 265950420 N/A 01/01/2011 N 7,100,959.70 7,096,877.90 11/01/2003 600000062 N/A 09/01/2010 N 6,913,006.74 6,905,129.60 11/01/2003 600000063 N/A 05/01/2010 N 6,961,680.29 6,957,276.03 10/01/2003 265950343 10/01/2010 05/01/2028 N 6,929,355.00 6,923,770.89 11/01/2003 600000065 N/A 04/01/2009 N 6,557,103.11 6,548,104.22 11/01/2003 265950340 10/01/2010 05/01/2028 N 6,494,437.00 6,489,203.37 11/01/2003 600000067 N/A 12/01/2010 N 6,320,522.48 6,316,323.70 11/01/2003 600000068 N/A 04/01/2010 N 6,304,293.02 6,300,273.96 11/01/2003 600000069 10/01/2010 05/01/2028 N 6,402,085.00 6,396,925.79 11/01/2003 600000070 N/A 07/01/2010 N 6,221,740.27 6,218,038.53 11/01/2003 265331001 N/A 12/01/2010 N 6,257,880.23 6,254,309.39 11/01/2003 600000072 N/A 12/01/2010 N 6,160,252.11 6,156,443.95 11/01/2003 265950316 N/A 11/01/2010 N 6,020,166.80 6,016,809.04 11/01/2003 600000074 N/A 09/01/2010 N 5,905,512.19 5,901,870.81 11/01/2003 265950383 N/A 01/01/2011 N 6,000,000.00 6,000,000.00 11/01/2003 265950324 N/A 11/01/2010 N 5,859,851.06 5,856,123.52 11/01/2003 265330839 N/A 10/01/2010 N 5,805,087.59 5,799,725.24 11/01/2003 600000078 N/A 03/01/2010 N 5,858,357.54 5,855,289.01 11/01/2003 265330958 N/A 11/01/2010 N 5,668,640.89 5,665,174.91 11/01/2003 600000080 N/A 10/01/2010 N 5,556,737.17 5,552,954.62 11/01/2003 265950307 N/A 12/01/2010 N 5,403,724.15 5,400,530.77 11/01/2003 265330849 N/A 10/01/2010 N 5,321,330.22 5,316,414.73 11/01/2003 265950342 10/01/2010 05/01/2028 N 5,423,772.00 5,419,401.19 11/01/2003 265950393 N/A 12/01/2010 N 5,069,077.40 5,066,254.32 06/01/2002 265950375 N/A 01/01/2011 N 5,000,000.00 5,000,000.00 11/01/2003 265950314 N/A 11/01/2010 N 4,892,093.69 4,889,284.61 11/01/2003 600000087 N/A 10/01/2010 N 4,802,916.25 4,797,354.26 11/01/2003 600000088 N/A 11/01/2010 N 4,715,635.49 4,710,334.48 11/01/2003 265950331 N/A 12/01/2010 N 4,769,663.00 4,766,641.86 11/01/2003 600000090 N/A 10/01/2010 N 4,649,002.62 4,646,122.39 11/01/2003 265330980 N/A 11/01/2010 N 4,625,739.80 4,623,176.59 11/01/2003 600000092 N/A 12/01/2010 N 4,351,289.25 4,348,599.36 11/01/2003 600000093 N/A 09/01/2010 N 4,143,760.18 4,141,367.86 11/01/2003 600000094 N/A 02/01/2010 N 4,059,761.08 4,055,807.30 11/01/2003 600000095 N/A 11/01/2009 N 4,074,677.79 4,072,077.34 11/01/2003 265330955 N/A 09/01/2010 N 4,157,197.37 4,155,297.61 11/01/2003 600000097 10/01/2010 05/01/2028 N 4,146,849.00 4,143,507.21 11/01/2003 600000098 N/A 10/01/2010 N 4,005,768.85 4,003,332.61 11/01/2003 600000099 N/A 07/01/2010 N 3,952,635.12 3,950,283.43 11/01/2003 265330986 N/A 11/01/2010 N 3,893,002.62 3,890,995.08 11/01/2003 600000101 N/A 06/01/2010 N 3,746,759.48 3,744,282.35 11/01/2003 600000102 N/A 10/01/2010 N 3,745,118.67 3,742,848.01 11/01/2003 600000103 N/A 12/01/2010 N 3,668,205.80 3,665,986.61 11/01/2003 265330949 N/A 11/01/2010 N 3,639,717.60 3,637,627.64 09/01/2003 265330964 N/A 09/01/2010 N 3,637,547.70 3,635,885.42 11/01/2003 265950433 N/A 01/01/2011 N 3,448,892.72 3,446,603.98 11/01/2003 265330966 N/A 09/01/2010 N 3,497,642.02 3,496,043.67 11/01/2003 265950407 N/A 01/01/2011 N 3,322,421.28 3,320,235.81 11/01/2003 600000109 N/A 07/01/2010 N 3,271,450.59 3,269,565.36 11/01/2003 600000110 N/A 08/01/2008 N 3,157,516.76 3,152,166.71 11/01/2003 600000111 N/A 11/01/2010 N 3,165,563.58 3,163,592.15 11/01/2003 600000112 N/A 10/01/2010 N 3,131,367.47 3,129,415.56 11/01/2003 265330999 N/A 01/01/2011 N 3,044,036.61 3,042,213.63 11/01/2003 600000114 N/A 04/01/2009 N 2,903,860.28 2,899,875.06 11/01/2003 265950392 N/A 12/01/2010 N 2,938,595.47 2,936,958.90 08/01/2002 600000116 N/A 10/01/2010 N 2,804,850.20 2,799,392.05 11/01/2003 265330954 N/A 11/01/2010 N 2,861,527.69 2,859,772.67 10/01/2003 600000118 N/A 02/01/2010 N 2,863,175.47 2,861,507.11 11/01/2003 265330978 N/A 11/01/2010 N 2,859,542.76 2,857,821.20 11/01/2003 600000120 N/A 09/01/2006 N 2,812,545.53 2,810,679.13 11/01/2003 600000121 N/A 10/01/2010 N 2,741,376.64 2,739,688.66 11/01/2003 265330840 N/A 10/01/2010 N 2,709,040.75 2,706,538.32 11/01/2003 265330965 N/A 09/01/2010 N 2,698,180.99 2,696,947.98 11/01/2003 265330904 N/A 01/01/2011 N 2,641,631.39 2,640,009.79 11/01/2003 600000125 N/A 11/01/2009 N 2,608,853.10 2,607,342.51 11/01/2003 600000126 N/A 04/01/2009 N 2,529,168.69 2,525,697.70 11/01/2003 600000127 N/A 11/01/2010 N 2,541,395.70 2,539,851.37 11/01/2003 265950327 N/A 11/01/2010 N 2,448,472.12 2,447,149.42 11/01/2003 265330843 N/A 10/01/2010 N 2,418,786.43 2,416,552.11 11/01/2003 600000130 N/A 10/01/2010 N 2,417,978.71 2,416,503.58 11/01/2003 600000131 N/A 10/01/2010 N 2,385,404.17 2,384,002.56 11/01/2003 265331000 N/A 01/01/2011 N 2,381,859.26 2,380,379.14 11/01/2003 265950302 N/A 03/01/2011 N 2,350,028.61 2,348,517.90 11/01/2003 600000134 N/A 11/01/2010 N 2,293,122.59 2,290,601.69 11/01/2003 600000135 N/A 10/01/2010 N 2,324,721.72 2,323,385.93 11/01/2003 600000136 N/A 07/01/2010 N 2,285,132.61 2,283,815.76 11/01/2003 600000137 N/A 11/01/2010 N 2,281,917.24 2,280,615.32 11/01/2003 265950355 N/A 01/01/2011 N 2,246,785.81 2,245,281.68 11/01/2003 600000139 N/A 08/01/2010 N 2,197,369.26 2,196,079.34 11/01/2003 265330974 N/A 11/01/2010 N 2,190,746.09 2,189,456.99 11/01/2003 600000141 N/A 11/01/2010 N 2,177,115.50 2,175,786.40 11/01/2003 600000142 N/A 12/01/2010 N 2,140,837.56 2,138,307.23 11/01/2003 265950438 N/A 01/01/2011 N 2,149,802.07 2,148,387.94 11/01/2003 600000144 N/A 07/01/2010 N 2,119,541.35 2,118,183.25 11/01/2003 265330996 N/A 10/01/2010 N 2,103,930.84 2,102,762.43 10/01/2003 600000146 N/A 02/01/2010 N 2,053,211.24 2,052,179.29 11/01/2003 600000147 N/A 07/01/2010 N 1,998,985.59 1,997,743.18 11/01/2003 600000148 N/A 01/01/2010 N 1,965,804.58 1,964,553.51 11/01/2003 600000149 N/A 11/01/2010 N 1,951,971.74 1,950,685.67 11/01/2003 265950401 N/A 01/01/2011 N 1,949,190.05 1,948,073.19 11/01/2003 600000151 N/A 11/01/2010 N 1,930,054.33 1,928,800.63 11/01/2003 600000152 N/A 09/01/2010 N 1,902,981.85 1,901,794.01 11/01/2003 600000153 N/A 08/01/2010 N 1,834,181.38 1,832,117.03 11/01/2003 600000154 N/A 04/01/2010 N 1,818,912.67 1,817,008.82 11/01/2003 265950345 10/01/2010 05/01/2028 N 1,869,114.00 1,867,607.75 11/01/2003 600000156 N/A 02/01/2010 N 1,796,685.97 1,795,702.08 11/01/2003 600000157 N/A 07/01/2010 N 1,766,246.73 1,764,452.05 11/01/2003 600000158 N/A 12/01/2009 N 1,783,150.47 1,782,059.27 11/01/2003 265950305 N/A 12/01/2010 N 1,651,844.74 1,650,868.57 11/01/2003 600000160 N/A 12/01/2010 N 1,637,488.29 1,636,635.21 11/01/2003 600000161 N/A 12/01/2010 N 1,569,923.40 1,568,096.96 11/01/2003 265950329 N/A 12/01/2010 N 1,544,024.72 1,542,378.53 11/01/2003 265950319 N/A 01/01/2011 N 1,469,609.79 1,468,781.14 11/01/2003 265950419 N/A 01/01/2011 N 1,455,218.51 1,454,303.18 11/01/2003 265950346 10/01/2010 05/01/2028 N 1,397,539.00 1,396,412.77 11/01/2003 265330917 N/A 01/01/2011 N 1,350,379.08 1,349,557.75 11/01/2003 600000167 N/A 06/01/2010 N 1,341,091.71 1,340,374.15 11/01/2003 265950320 N/A 11/01/2010 N 1,253,107.66 1,251,766.39 11/01/2003 265950336 N/A 11/01/2010 N 1,216,673.36 1,216,025.47 11/01/2003 600000171 N/A 11/01/2010 N 1,077,231.96 1,076,646.73 11/01/2003 600000172 N/A 08/01/2010 N 1,005,090.54 1,004,033.55 11/01/2003 600000173 N/A 07/01/2010 N 899,757.66 898,771.75 11/01/2003 600000174 N/A 02/01/2010 N 901,539.63 900,668.98 11/01/2003 265950391 N/A 11/01/2010 N 896,533.90 895,641.69 11/01/2003 265950352 N/A 11/01/2010 N 862,697.55 862,260.33 11/01/2003 600000177 N/A 06/01/2010 N 849,400.30 848,621.99 11/01/2003 600000178 N/A 09/01/2010 N 769,032.33 766,036.60 11/01/2003 265950344 10/01/2010 05/01/2028 N 712,965.00 712,390.45 11/01/2003 265950326 N/A 11/01/2010 N 587,442.23 587,118.32 11/01/2003 265950315 N/A 11/01/2010 N 579,609.45 579,289.85 11/01/2003 600000182 N/A 09/01/2010 N 404,595.02 404,176.43 11/01/2003 Totals 1,281,487,231.76 1,280,620,831.20

Appraisal Appraisal Res Mod Loan Number Reduction Reduction Strat. Code Date Amount (2) (3) 265950410 13 265950393 ~~11/12/2002 2,127,425.73~~ 7 265950392 ~~11/12/2002 1,658,001.40~~ 7 265330996 9 Totals ~~3,785,427~~0.1300 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other IW- Industrial/Warehouse (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination

~~Historical~~Principal Prepayment Detail ~~Delinquencies~~Loan ~~Distribution~~Number ~~30-59~~Offering ~~Days~~Document ~~60-89~~Principal ~~Days~~Prepayment 90Amount ~~Days~~Prepayment orPenalties ~~More~~Cross-Reference ~~Foreclosure~~Payoff ~~REO~~Amount ~~Modifications~~Curtailment ~~Date~~Amount #Prepayment ~~Balance~~Premium #Yield ~~Balance~~Maintenance #Charge ~~Balance~~265950393 #84 ~~Balance # Balance # Balance 11/18/2003 1 $~~3,~~637~~209,~~627~~447.6486 0 $0.00 0 $0.00 ~~2 $~~0.00 2265950392 ~~$8,003,213.22~~115 ~~0 $0.00 10/20/2003~~ 1 $3,~~639~~846,~~717~~174.6030 0 $0.00 ~~1 $2,083,011.53~~ 0 $0.00 ~~2 $8,007,672.87~~ 0 $0.00 ~~09/17/2003~~Totals ~~0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8~~5,~~013~~055,~~937~~622.58 0 $0.00 08/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,018,321.03 0 $0.00 07/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,022,673.34 0 $0.00 06/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,028,834.88 0 $0.00 05/16~~/2003~~ 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,033,112.49 0 $0.00 04/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,039,202.23 0 $0.00 03/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,043,406.17 0 $0.00 02/18/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,053,117.41 0 $0.00 01/17/2003 1 $8,557,220.07 0 $0.00 0 $0.00 2 $8,057,222.49 0 $0.00 0 $0.00 12/17/2002 1 $3,664,669.20 0 $0.00 0 $0.00 2 $8,061,298.40 0 $0.00 0 $0.00

~~Prepayments~~Historical Detail Delinquencies Distribution ~~Curtailments~~30-59 ~~Payoff~~Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # ~~Amount~~Balance # ~~Amount~~Balance # Balance # Balance # Balance # Balance 01/16/2004 2 $12,396,593.33 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 12/17/2003 2 $12,408,121.42 0 $0.00 0 $0.00 0 $0.00 2 $7,996,874.25 0 $0.00 11/18/2003 1 $3,637,627.64 0 $0.00 0 $0.00 2 $0.00 2 $8,003,213.22 0 $0.00 10/20/2003 1 $3,639,717.60 0 $0.00 1 $2,083,011.53 0 $0.00 2 $8,007,672.87 0 $0.00 09/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,013,937.58 0 $0.00 08/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,018,321.03 0 $0.00 07/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,022,673.34 0 $0.00 06/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,028,834.88 0 $0.00 05/16/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,033,112.49 0 $0.00 04/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,039,202.23 0 $0.00 03/17/2003 0 $0.00 0 $0.00 ~~02/18/2003~~0 $0.00 0 $0.00 2 $8,043,406.17 0 $0.00 0102/1718/2003 0 $0.00 0 $0.00 ~~12/17/2002~~0 $0.00 0 $0.00 2 $8,053,117.41 0 $0.00

~~Rate~~Prepayments ~~and~~Distribution ~~Maturities~~Curtailments ~~Distribution~~Payoff ~~Next~~Date ~~Weighted~~# ~~Avg~~Amount # Amount 01/16/2004 0 $0.00 ~~WAM~~2 ~~Date~~$5,055,622.16 ~~Coupon~~12/17/2003 ~~Remit~~0 $0.00 0 $0.00 11/18/2003 ~~7.989076%~~0 7$0.~~893971%~~00 820 $0.00 10/20/2003 ~~7.989107%~~0 7$0.~~893999%~~00 830 $0.00 09/17/2003 ~~7.989133%~~0 7$0.~~894022%~~00 840 $0.00 08/15/2003 ~~7.989150%~~0 7$0.~~894445%~~00 850 $0.00 07/17/2003 ~~7.989167%~~0 7$0.~~903231%~~00 860 $0.00 06/17/~~2002~~2003 ~~7.989194%~~0 7$0.~~903252%~~00 870 $0.00 05/16/~~2002~~2003 ~~7.989210%~~0 7$0.~~903265%~~00 880 $0.00 04/17/2003 ~~7.989236%~~0 7$0.~~903286%~~00 890 $0.00 03/17/2003 ~~7.989251%~~0 7$0.~~903299%~~00 900 $0.00 02/18/2003 ~~7.989296%~~0 7$0.~~903337%~~00 910 ~~01/17/2003 7~~$0.~~989311% 7.903349% 92 12/17/2002 7.989326% 7.903360% 93 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.~~00

~~Delinquency~~Rate ~~Loan~~and ~~Detail~~Maturities ~~Offering~~Distribution #Next ofWeighted ~~Paid~~Avg. ~~Through~~WAM ~~Current Outstanding Status of Loan Number Document Months~~ Date PCoupon &Remit I01/16/2004 ~~P&I~~7.986980% ~~Mortgage Cross-Reference Delinq~~7.893186% ~~Advances~~80 ~~Advances~~12/17/2003 **7.989031% ~~Loan~~7.893931% ~~(1)~~81 ~~600000044 44 0 10~~11/0118/2003 ~~75,336~~7.95989076% ~~75,336~~7.95893971% B82 ~~600000053 53 0~~ 10/0120/2003 ~~63,347~~7.82989107% ~~63,347~~7.82893999% B83 ~~600000063 63 0 10~~09/0117/2003 ~~52,228~~7.68989133% ~~52,228~~7.68894022% ~~B 265950393~~ 84 ~~16 06~~08/0115/~~2002~~2003 ~~28,248~~7.21989150% ~~581,015~~7.51894445% 985 ~~265330949 104 1 09~~07/0117/2003 ~~27,795~~7.47989167% ~~55,590~~7.80903231% 186 ~~265950392 115 14 08~~06/0117/2002 ~~14,252~~7.22989194% ~~268,252~~7.16903252% 987 ~~265330954~~05/16/2002 ~~117~~7.989210% 07.903265% 1088 04/0117/2003 ~~21,447~~7.09989236% ~~21,447~~7.09903286% B89 ~~265330996~~03/17/2003 ~~145~~7.989251% 07.903299% 1090 02/0118/2003 ~~16,253~~7.89989296% ~~16,253~~7.89903337% B91 Note: Foreclosure and REO Totals 8are ~~298,910.32~~excluded ~~1,133,472~~from the delinquencies aging categories.90

~~Resolution~~Delinquency ~~Actual~~Loan Detail Offering # of Paid Through Current Outstanding ~~Bankruptcy~~Status ~~REO~~of Loan Number ~~Strategy~~Document ~~Servicing~~Months ~~Foreclosure~~Date ~~Principal~~P ~~Servicing~~& ~~Date~~I ~~Date~~P&I ~~Code~~Mortgage ~~(2)~~Cross-Reference ~~Transfer~~Delinq. ~~Date~~Advances ~~Date~~Advances ~~Balance~~** ~~Advances~~Loan ~~600000044~~(1) ~~8,794,151.30~~600000016 16 0~~.00~~ ~~600000053~~12/01/2003 7140,~~843,729~~306.2240 0140,306.0040 ~~600000063~~B 6600000044 44 1 11/01/2003 75,~~961,680~~339.2914 0150,677.0006 ~~265950393~~1 7600000050 0850 0 12/1401/~~2002~~2003 562,~~121,574~~007.6773 5162,~~232~~007.4873 02B 600000065 65 0 12/0401/2003 ~~265330949 3~~52,~~642,621~~690.7092 052,690.0092 ~~265950392~~B 7265330949 09104 1 11/0901/~~2002~~2003 227,~~965,490~~795.7467 ~~146~~55,~~141~~591.8824 021 600000121 121 0 12/0401/2003 ~~265330954 2~~20,~~861,527~~402.6971 020,402.0071 B 265330996 9145 080 12/1401/2003 216,~~103,930~~254.8401 ~~697~~16,254.6301 B Totals 407 394,~~294,706~~796.4558 ~~198~~497,~~071~~930.9907

~~Current~~Resolution ~~Outstanding~~ Actual Outstanding PBankruptcy &REO ILoan PNumber &Strategy IServicing Foreclosure Principal Servicing ~~Advances~~Date ~~Advances~~Date ** Balance Advances Totals By Delinquency Code: ~~Total~~(2) ~~for~~Transfer ~~Status~~Date ~~Code~~Date =Balance 1Advances (1600000016 ~~loans) 27~~17,~~795.47 55~~728,~~590~~264.8083 ~~3,642,621.70~~ 0.00 ~~Total~~600000044 ~~for Status Code = 9 (2 loans) 42~~8,~~500~~784,906.4379 ~~849,267~~0.6700 600000050 8,~~087~~189,~~065~~395.4172 ~~197,374~~0.3600 ~~Total~~600000065 ~~for Status Code = B (5 loans) 228~~6,537,614.4375 ~~228,614~~0.4300 28265330949 3,~~565~~637,~~019~~627.3464 ~~697~~0.6300 ~~(1)~~600000121 ~~Status~~2,737,376.35 ~~of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent~~ 0-.00 ~~Current~~265330996 ~~1- One Month Delinquent 2- Two Months Delinquent 3- Three or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure~~ 9- ~~REO~~08/14/2003 (2),101,096.41 ~~Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy~~ 4-,687.68 ~~Extension~~Totals 5-49,716,282.49 Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu Of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD **Outstanding P & I Advances include the current period advance4,687.68

~~Specially~~Current ~~Serviced~~Outstanding ~~Loan~~Actual ~~Detail~~Outstanding -P ~~Part~~& 1I ~~Offering~~P ~~Servicing~~& ~~Resolution~~I ~~Scheduled~~Principal ~~Property~~Servicing ~~Interest~~Advances ~~Loan~~Advances ~~Document~~** ~~Transfer Strategy~~ Balance ~~Type(2)~~Advances ~~State~~Totals ~~Rate~~By ~~Number~~Delinquency ~~Cross~~Code: ~~Reference~~Total ~~Date~~for Status Code~~(1)~~ ~~265950410~~= 1 (2 ~~08/01/2003~~loans) 13103,134.81 44206,~~936~~268.30 12,~~568~~422,534.8743 OF0.00 CATotal ~~7.920%~~for ~~265950393~~Status 84Code ~~08/14/2002~~= 7B (5 loans) 291,~~066~~661.77 291,~~254~~661.3277 MF37,293,748.06 ~~TX 8~~4,687.~~310%~~68 ~~265950392~~(1) ~~115~~Status ~~09/09/2002~~of 7Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2~~,936,958.90~~- MFTwo TXMonths ~~8.310%~~Delinquent ~~265330996~~3- ~~145~~Three ~~08/14/2003~~or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2~~,102,762.43~~) MFResolution LAStrategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu Of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD **Outstanding P & I Advances include the current period advance.~~375%~~

~~Net~~Specially ~~Remaining~~Serviced Loan ~~Actual~~Detail ~~Operating~~- ~~DSCR~~Part ~~DSCR~~1 ~~Note~~Offering ~~Maturity~~Servicing ~~Amoritization~~Resolution ~~Number~~Scheduled ~~Balance~~Property ~~Income~~Interest ~~Date~~Loan ~~Date~~Document ~~Date~~Transfer ~~Term~~Strategy ~~265950410~~Balance ~~44,936,568.87~~Type(2) ~~1,178,199.44~~State ~~06/30/2003~~Rate ~~0.59~~Number ~~01/01/2001~~Cross ~~11/01/2030~~Reference ~~324~~Date ~~265950393~~Code(1) ~~5,121,574.67~~265950410 ~~405,722.50~~2 1108/~~30/2001 0.94~~ 01/~~01/2001~~2003 ~~12/01/2010~~13 ~~324 265950392 2~~44,~~965~~869,~~490~~416.7413 ~~167,223.36~~OF ~~09/30/2001~~CA 07.82920% ~~01/01/2001 12/01/2010 324 265330996 2~~44,~~103~~869,~~930~~416.8413 ~~106,186.96~~265950393 ~~06/30/2003~~84 1.08 11/0114/~~2000~~2002 ~~10/01/2010~~7 ~~322~~0.00 ~~(1)~~MF ~~Resolution~~TX ~~Strategy~~8.310% ~~Code~~0.00 1-265950392 ~~Modification~~115 2-09/09/2002 ~~Foreclosure~~7 3-0.00 ~~Bankruptcy~~MF 4-TX ~~Extension~~8.310% 5-0.00 ~~Note~~265330996 ~~Sale~~145 6-08/14/2003 ~~DPO 7- REO 8- Resolved~~ 9- ~~Pending Return to Master Servicer 10- Deed in Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (~~2),099,907.56 ~~Property Type Code~~ MF- ~~Multi-Family~~LA ~~RT-~~8.375% ~~Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other~~2,101,096.41

Specially Serviced Loan Detail - Part 2 (cont) Loan Comments from Special Servicer Number 265950410 An agreement has been made to continue using the debt service shortfall reserve to supplement cash flow to make debt service payments (principal, interest, taxes and insurance) through the February payment, with the ability to use the TI/LC reserve to cov er the shortfall in the event the debt service reserve is depleted. The property is currently listed for sale with CB Richard Ellis and the borrower continues with leasing efforts. In the event any purchase offers are received, the borrower will submit for approval. At 12/31/03, the occupancy was at 91% and the NOI DSCR was 0.71x. The Special Servicer will evaluate resolution alternatives to include a DPO or a restructure when evaluating any offers. 265950393 The property is currently listed with an area broker for sale. The property is being jointly marketed with 505 Harvey Road as one complex for a listing price of $7.9MM. ~~The~~Marketing ~~property~~brochures ~~remains~~have ~~65%~~been ~~occupied~~sent asto ~~the apartments are utilized as student housing fo r Texas A&M University and leasing activity after the beginning of the school year is very slow. The former owner had allowed~~ a number of ~~deferred~~potential ~~maintenance~~buyers ~~issues,~~and ~~including~~there ~~the~~is ~~HVAC~~inter ~~system,~~est tofrom ~~affect~~several ~~both~~parties ~~the~~in ~~leasing~~acquiring ~~activity at~~ the ~~complex and the ab ility to retain existing tenants~~property. ~~Repairs~~Negotiations ~~have been accomplished and monthly rental revenue has increased~~ to ~~about~~sell ~~$75M.~~the Itproperty isare ~~anticipated~~ongoing ~~that~~with ~~occupancy~~a ~~can~~projected ~~increase~~close toof ~~80%~~the toproperty ~~85%~~in ~~over~~ the ~~next~~first 9quarter ~~months~~of 2004. 265950392 The property has been repaired and is listed with an area broker for sale. The property is being jointly marketed with 401 Harvey Road as one complex for a listing price of $7.9MM. ~~The~~Marketing ~~property~~brochures ~~remains~~have ~~33%~~been ~~occupied~~sent asto ~~the~~a ~~apartments~~number ~~are~~of ~~utilized~~potential asbuyers ~~studen t housing for Texas A&M University~~ and ~~leasing activity after~~ the ~~beginning~~re ~~of the school year~~ is ~~very~~interest ~~slow.~~from ~~The~~several ~~former~~parties ~~owner had combined both the student housing and section 8 government housing~~ in ~~the~~acquiring ~~same complex which along with deferred maintenance created leasing problems for~~ the ~~project~~property. ~~The~~Negotiations ~~section 8 contracts were allowed~~ to ~~expire~~sell ~~and~~the ~~re-tenanting~~property toare ~~student~~ongoing ~~housing along~~ with ~~significant~~a ~~repairs~~projected ~~should~~close ~~greatly~~of ~~increase~~the ~~occupancy~~property ~~over~~in the ~~next~~first ~~8-9~~quarter ~~months~~of 2004. 265330996 ~~The~~Borrower ~~loan~~has ~~remains~~paid ~~current and a~~ $15,000 ~~settlement~~to ofsettle ~~the~~ penalty charges. ~~has~~Counsel ~~been~~for ~~negotiated with~~ the ~~borrower~~Trust ~~(with~~continues ~~the~~to ~~balance~~research ~~accrued~~whether ~~waived~~there onare atransfer ~~contingent~~of ~~basis~~ownership ~~meaning~~issues ~~they~~relative ~~will~~to bethe ~~reinstated~~Borrowing ~~upon~~entity ~~any~~that ~~future~~would ~~payment~~need ~~default).~~to ~~The~~be ~~principal,~~approved ~~Terry~~by Dthe ~~oty,~~noteholder is in the bankruptcy. ~~(filed~~If toso, ~~stop~~dem anand ~~unrelated~~for ~~foreclosure~~additional ~~action)~~documentation ~~and~~will ~~Trust~~be ~~counsel~~made ~~has~~to ~~confirmed~~determine ~~that~~if ~~this~~consent ~~asset~~ is ~~not~~advisable. ~~involved~~If innot, the ~~bankruptcy. The~~ loan will continue to be monitored ~~for~~during ~~return upon~~ the bankruptcy ~~being discharged~~. (1) Resolution Strategy Code 1 - Modification 6 - DPO 10 - Deed in Lieu Of 2 - Foreclosure 7 - REO Foreclosure 3 - Bankruptcy 8 - Resolved 11 - Full Payoff 4 - Extension 9 - Pending Return 12 - Reps and Warranties 5 - Note Sale to Master Servicer 13 - Other or TBD

Modified Loan Detail No Modified Loans Liquidated Loan Detail Final Recovery Offering Loan Determination Document Appraisal Appraisal Actual Gross Proceeds Number Date Cross-Reference Date Value Balance 265950393 12/30/2003 84 09/19/2003 4,000,000.00 5,121,574.67 4,926,575.13 265950392 12/30/2003 115 09/19/2003 1,900,000.00 2,965,490.74 3,010,489.69 265950313 11/08/2002 170 07/31/2002 1,100,000.00 1,224,980.64 1,107,728.88 Current Total 5,900,000.00 8,087,065.41 7,937,064.82 Cumulative Total 7,000,000.00 9,312,046.05 9,044,793.70

Gross Proceeds Aggregate Net Net Proceeds Repurchased Loan as a % of Liquidation Liquidation as a % of Realized by Seller Number Actual Balance Expenses* Proceeds Actual Balance Loss (Y/N) 265950393 96.193% 857,127.64 4,069,447.49 79.457% 1,849,921.73 N 265950392 101.517% 581,325.23 2,429,164.46 81.914% 1,086,793.44 N 265950313 90.428% 9,165.88 1,098,563.00 89.680% 273,233.27 N Current Total 01,438,452.0087 06,498,611.0095 02,936,715.0017 Cumulative Total 91,~~165~~447,618.8875 17,~~098~~597,~~563~~174.0095 ~~273~~3,~~233~~209,948.2744 *Aggregate liquidation expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.)

Filing Compare · FIRST UNION COM MOR SEC INC COM MOR PASS THR CER SER 2001-C1