8-K 1 srm05007_10506.txt UNITED STATES 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): June 27, 2005 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120575-17 Pooling and Servicing Agreement) (Commission 54-2169505 (State or other File Number) 54-2169506 jurisdiction 54-2169507 of Incorporation) 54-2169508 54-2169509 54-6658779 54-6658780 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On June 27, 2005 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-7 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-7 Trust, relating to the June 27, 2005 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. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-7 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-7 Trust, relating to the June 27, 2005 distribution. EX-99.1

Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 45/2931/2005 Distribution Date: 56/2527/2005 Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series SARM 2005-7 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest ~~Principal~~ Class CUSIP Description Rate Balance Distribution ~~Distribution~~ 1-A1 863579PD4 SEN 5.~~41273~~40659% ~~297~~290,~~554~~434,~~060~~267.3228 1,~~342~~308,~~149~~549.1649 ~~7,119,793.04~~ 1-A2 863579PE2 SEN 5.~~41273~~40659% 9,~~919~~681,~~124~~782.6451 4443,~~741~~621.2620 ~~237,342.13~~ 1-A3 863579PF9 SEN 5.~~41273~~40659% ~~147~~144,~~591~~059,~~379~~852.4182 ~~665~~649,~~726~~060.5762 ~~3,531,526.59~~ 1-A4 863579PG7 SEN 5.~~41273~~40659% 13,~~890~~557,~~316~~952.6995 6261,~~653~~085.7526 ~~332,363.74~~ 2-A1 863579PH5 SEN 5.~~47549~~47391% 9897,~~824~~788,~~866~~764.2319 ~~450~~446,~~928~~072.6465 ~~1,036,102.05~~ 2-A2 863579PJ1 SEN 5.~~47549~~47391% 87,~~043~~959,~~356~~027.3297 36,~~701~~305.0886 ~~84,328.35~~ 3-A1 863579PK8 SEN 5.~~55155~~55055% ~~133~~131,~~572~~272,~~291~~079.0567 ~~617~~607,~~943~~193.9204 ~~2,300,211.38~~ 3-A2 863579PL6 SEN 5.~~55155~~55055% 10,~~871~~684,~~393~~180.4015 5049,~~294~~419.2019 ~~187,213.25~~ 4-A 863579PM4 SEN 5.~~46535~~46046% 9290,~~506~~859,~~501~~119.0975 ~~421~~413,~~316~~443.7396 ~~1,647,381.34~~ 5-A1 863579PN2 SEN 5.~~64838~~64839% 47,~~676~~658,~~871~~643.3174 224,~~414~~328.0675 ~~18,227.57~~ 5-A2 863579PP7 SEN 5.~~64838~~64839% 1,~~588~~587,~~296~~688.1289 7,~~476~~473.0824 ~~607.23~~ 6-A1 863579PQ5 SEN 5.~~94332~~93183% 24,~~886~~328,~~646~~447.4906 ~~123~~120,~~257~~260.8625 ~~558,199.42~~ 6-A2 863579PR3 SEN 5.~~94332~~93183% ~~829~~810,~~393~~790.2119 4,~~107~~007.7989 ~~18,603.02~~ 7-A 863579PS1 SEN 3.~~57100~~74700% ~~133~~129,~~581~~760,~~782~~978.5065 ~~326~~320,~~694~~447.4540 ~~3,891,626.52~~ 7-AX 863579PT9 IO 0.~~64736~~95232% 0.00 72102,~~063~~978.1827 ~~0.00~~ B1-I 863579PU6 SUB 5.~~47681~~47236% 29,~~019~~015,~~782~~629.1963 132,~~446~~319.4193 ~~4,152.55~~ B2-I 863579PV4 SUB 5.~~47681~~47236% 4,~~833~~832,~~297~~605.5290 22,~~059~~038.1913 ~~691.62~~ B3-I 863579PW2 SUB 5.~~47681~~47236% 8,~~703~~702,~~734~~489.9852 39,~~723~~685.8895 ~~1,245.45~~ B4-I 863579PX0 SUB 5.~~47681~~47236% 2,899,~~578~~163.5766 13,~~233~~221.6905 ~~414.91~~ B5-I 863579PY8 SUB 5.~~47681~~47236% 3,~~866~~865,~~438~~884.0478 17,~~646~~629.4459 ~~553.26~~ B6-I ~~863579QL5~~863579PZ5 SUB 5.~~47681~~47236% 2,415,~~648~~303.9024 11,~~025~~014.0350 ~~345.66~~ B7-I 863579QA9 SUB 5.~~47681~~47236% 481,~~929~~860.9599 2,~~199~~197.5343 ~~68.96~~ B8-I 863579QH4 SUB 5.~~47681~~47236% 5,~~318~~317,~~227~~466.03 24,~~272~~249.4123 ~~761.01~~ B9-I 863579QJ0 SUB 5.~~47681~~47236% 5,~~802~~801,~~156~~326.7045 26,~~481~~455.0778 ~~830.25~~ B10-I 863579QK7 SUB 5.~~47681~~47236% 4,381,~~750~~123.14 19,~~998~~979.3323 ~~627.00~~ B1-II 863579QB7 SUB 3.~~47000~~54000% 4,128,~~432~~311.6745 1112,~~119~~135.1652 ~~940.11~~ B2-II 863579QC5 SUB 3.~~67000~~74000% 2,927,~~597~~511.6973 89,~~372~~093.8758 ~~666.66~~ B3-II 863579QD3 SUB 3.~~72000~~79000% 749,~~896~~874.9593 2,~~175~~360.9454 ~~170.76~~ B4-II 863579QE1 SUB 4.~~32000~~39000% 1,050,~~855~~824.5973 3,~~485~~833.6332 ~~239.30~~ B5-II 863579QF8 SUB 4.~~32000~~39000% 749,~~896~~874.9593 2,~~487~~735.3748 ~~170.76~~ B6-II ~~863579NT1~~863579QL5 SUB 4.~~32000~~39000% 900,~~876~~849.2075 23,~~988~~286.1622 ~~205.14~~ B7-II 863579QM3 SUB 4.~~32000~~39000% 1,350,~~814~~774.3771 4,~~480~~927.5851 ~~307.60~~ B8-II 863579QN1 SUB 4.~~32000~~39000% 904,~~378~~352.7216 23,~~999~~299.7800 ~~205.94~~ BX-II 863579QP6 SUB 0.~~39715~~76863% 0.00 0.00 ~~0.85~~ R 863579QG6 RES 5.~~40652~~40522% 0.00 1.1605 ~~0.00~~ P SRM0507PI RES 0.00000% 0.06 98,~~192~~830.6980 ~~0.00~~ Totals 1,~~101~~080,~~821~~918,~~572~~803.0061 4,~~806~~753,~~858~~540.~~05 20,976,123.42~~91

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A1 6,164,217.79 0.00 ~~290~~284,~~434~~270,~~267~~049.2849 87,~~461~~472,~~942~~767.2028 0.00 1-A2 205,487.52 0.00 9,~~681~~476,~~782~~294.5199 ~~282~~249,~~083~~108.3972 0.00 1-A3 3,057,546.60 0.00 ~~144~~141,~~059~~002,~~852~~306.8222 43,~~197~~706,~~253~~607.1622 0.00 1-A4 287,755.90 0.00 13,~~557~~270,~~952~~197.9505 ~~395~~348,~~017~~841.4916 0.00 2-A1 1,389,378.33 0.00 9796,~~788~~399,~~764~~385.1986 1,~~487~~835,~~030~~450.6998 0.00 2-A2 113,081.51 0.00 7,~~959~~845,~~027~~946.9746 ~~121~~149,~~029~~387.4337 0.00 3-A1 3,849,837.70 0.00 ~~131~~127,~~272~~422,~~079~~241.6797 24,~~918~~457,~~155~~030.3074 0.00 3-A2 313,336.69 0.00 10,~~684~~370,~~180~~843.1546 ~~237~~362,~~507~~755.4588 0.00 4-A 1,765,724.72 0.00 9089,~~859~~093,~~119~~395.7502 2,~~068~~179,~~698~~168.0768 0.00 5-A1 637,728.46 0.00 47,~~658~~020,~~643~~915.7428 ~~242~~862,~~641~~057.6321 0.00 5-A2 21,245.14 0.00 1,~~587~~566,~~688~~443.8976 828,~~083~~718.3138 0.00 6-A1 3,303.15 0.00 24,~~328~~325,~~447~~143.0691 ~~681~~123,~~457~~563.2840 0.00 6-A2 110.08 0.00 810,~~790~~680.1910 224,~~710~~117.8197 0.00 7-A 992,954.70 0.00 ~~129~~128,~~760~~852,~~978~~755.6521 41,~~218~~313,~~320~~402.9710 0.00 7-AX 0.00 0.00 720.00 102,~~063~~978.1827 0.00 B1-I 4,123.46 0.00 29,~~015~~011,~~629~~506.6318 136,~~598~~443.9639 0.00 B2-I 686.77 0.00 4,~~832~~831,~~605~~919.9013 22,~~750~~724.8190 0.00 B3-I 1,236.72 0.00 8,~~702~~701,~~489~~252.5280 40,~~969~~922.3367 0.00 B4-I 412.00 0.00 2,~~899~~898,~~163~~751.6665 13,~~648~~633.6005 0.00 B5-I 549.39 0.00 3,865,~~884~~335.7839 18,~~199~~178.7098 0.00 B6-I 343.24 0.00 2,~~415~~414,~~303~~960.2400 11,~~370~~357.6974 0.00 B7-I 68.48 0.00 481,~~860~~792.9952 2,~~268~~265.4991 0.00 B8-I 755.67 0.00 5,~~317~~316,~~466~~710.0336 25,~~033~~004.4290 0.00 B9-I 824.44 0.00 5,~~801~~800,~~326~~502.4501 27,~~311~~280.3222 0.00 B10-I 622.61 0.00 4,~~381~~380,~~123~~500.1454 20,~~625~~601.3384 0.00 B1-II 3.88 0.00 4,128,~~311~~350.4557 12,~~059~~139.2740 0.00 B2-II 2.75 0.00 2,927,~~511~~539.7347 9,~~039~~096.5333 0.00 B3-II 0.70 0.00 749,~~874~~882.9304 2,~~346~~361.7024 0.00 B4-II 0.99 0.00 1,050,~~824~~834.7369 3,~~724~~834.9331 0.00 B5-II 0.70 0.00 749,~~874~~882.9304 2,~~658~~736.1318 0.00 B6-II 0.85 0.00 900,~~849~~858.7529 3,~~193~~287.3007 0.00 B7-II 1.27 0.00 1,350,~~774~~787.7151 4,~~788~~928.1878 0.00 B8-II 0.85 0.00 904,~~352~~360.1674 3,~~205~~299.7285 0.00 BX-II 0.01 0.00 0.00 0.8501 0.00 R 0.00 0.00 0.00 1.1605 0.00 P 0.00 0.00 0.06 98,~~192~~830.6980 0.00 Totals 18,811,343.07 0.00 1,~~080~~062,~~918~~192,~~803~~324.6177 2523,~~782~~564,~~981~~883.4798 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A1 302,410,000.00 ~~297~~290,~~554~~434,~~060~~267.3228 3533,~~254~~883.8859 76,~~084~~130,~~538~~334.1720 0.00 0.00 1-A2 10,081,000.00 9,~~919~~681,~~124~~782.6451 1,~~175~~129.2453 ~~236~~204,~~166~~357.8999 0.00 0.00 1-A3 150,000,000.00 ~~147~~144,~~591~~059,~~379~~852.4182 1716,~~486~~806.9678 3,~~514~~040,~~039~~739.6382 0.00 0.00 1-A4 14,117,000.00 13,~~890~~557,~~316~~952.6995 1,~~645~~581.7674 ~~330~~286,~~717~~174.9816 0.00 0.00 2-A1 100,086,000.00 9897,~~824~~788,~~866~~764.2319 14,~~468~~283.9546 1,~~021~~375,~~633~~094.1086 0.00 0.00 2-A2 8,146,000.00 87,~~043~~959,~~356~~027.3297 1,~~177~~162.6353 83111,~~150~~918.7298 0.00 0.00 3-A1 135,177,000.00 ~~133~~131,~~572~~272,~~291~~079.0567 26,~~769~~157.8071 23,~~273~~823,~~441~~679.5899 0.00 0.00 3-A2 11,002,000.00 10,~~871~~684,~~393~~180.4015 2,~~178~~128.7896 ~~185~~311,~~034~~207.4773 0.00 0.00 4-A 93,018,000.00 9290,~~506~~859,~~501~~119.0975 1211,~~017~~854.4851 1,~~635~~753,~~363~~870.8621 0.00 0.00 5-A1 47,698,000.00 47,~~676~~658,~~871~~643.3174 12,~~492~~567.9335 5625,~~734~~161.6411 0.00 0.00 5-A2 1,589,000.00 1,~~588~~587,~~296~~688.1289 ~~416~~418.1967 ~~191~~20,826.0447 0.00 0.00 6-A1 25,655,000.00 24,~~886~~328,~~646~~447.4906 2,~~019~~024.2658 ~~556~~1,~~180~~278.1657 0.00 0.00 6-A2 855,000.00 ~~829~~810,~~393~~790.2119 67.3047 ~~18,535~~42.7361 0.00 0.00 7-A 137,405,000.00 ~~133~~129,~~581~~760,~~782~~978.5065 ~~30,418~~121.8482 3992,~~861,207~~832.6888 0.00 0.00 B1-I 29,024,000.00 29,~~019~~015,~~782~~629.1963 4,~~152~~123.5546 0.00 0.00 0.00 B2-I 4,834,000.00 4,~~833~~832,~~297~~605.5290 ~~691~~686.6277 0.00 0.00 0.00 B3-I 8,705,000.00 8,~~703~~702,~~734~~489.9852 1,~~245~~236.4572 0.00 0.00 0.00 B4-I 2,900,000.00 2,899,~~578~~163.5766 ~~414~~412.9100 0.00 0.00 0.00 B5-I 3,867,000.00 3,~~866~~865,~~438~~884.0478 ~~553~~549.2639 0.00 0.00 0.00 B6-I 2,416,000.00 2,415,~~648~~303.9024 ~~345~~343.6624 0.00 0.00 0.00 B7-I 482,000.00 481,~~929~~860.9599 68.9648 0.00 0.00 0.00 B8-I 5,319,000.00 5,~~318~~317,~~227~~466.03 ~~761~~755.0167 0.00 0.00 0.00 B9-I 5,803,000.00 5,~~802~~801,~~156~~326.7045 ~~830~~824.2544 0.00 0.00 0.00 B10-I 4,382,387.00 4,381,~~750~~123.14 ~~627~~622.0061 0.00 0.00 0.00 B1-II 4,129,000.00 4,128,~~432~~311.6745 ~~940~~3.1188 0.00 0.00 0.00 B2-II 2,928,000.00 2,927,~~597~~511.6973 ~~666~~2.6675 0.00 0.00 0.00 B3-II 750,000.00 749,~~896~~874.9593 ~~170~~0.7670 0.00 0.00 0.00 B4-II 1,051,000.00 1,050,~~855~~824.5973 ~~239~~0.3099 0.00 0.00 0.00 B5-II 750,000.00 749,~~896~~874.9593 ~~170~~0.7670 0.00 0.00 0.00 B6-II 901,000.00 900,~~876~~849.2075 ~~205~~0.1485 0.00 0.00 0.00 B7-II 1,351,000.00 1,350,~~814~~774.3771 ~~307~~1.6027 0.00 0.00 0.00 B8-II 904,503.00 904,~~378~~352.7216 ~~205~~0.9485 0.00 0.00 0.00 BX-II 0.00 0.00 0.8501 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 P 0.06 0.06 0.00 0.00 0.00 0.00 Totals 1,117,735,990.06 1,~~101~~080,~~821~~918,~~572~~803.0061 ~~170~~133,~~187~~823.7948 2018,~~805~~677,~~935~~519.6558 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A1 76,~~119~~164,~~793~~217.0479 ~~290~~284,~~434~~270,~~267~~049.2849 0.~~96039902~~94001537 76,~~119~~164,~~793~~217.0479 1-A2 ~~237~~205,~~342~~487.1352 9,~~681~~476,~~782~~294.5199 0.~~96039902~~94001537 ~~237~~205,~~342~~487.1352 1-A3 3,~~531~~057,~~526~~546.5960 ~~144~~141,~~059~~002,~~852~~306.8222 0.~~96039902~~94001537 3,~~531~~057,~~526~~546.5960 1-A4 ~~332~~287,~~363~~755.7490 13,~~557~~270,~~952~~197.9505 0.~~96039902~~94001538 ~~332~~287,~~363~~755.7490 2-A1 1,~~036~~389,~~102~~378.0533 9796,~~788~~399,~~764~~385.1986 0.~~97704738~~96316554 1,~~036~~389,~~102~~378.0533 2-A2 84113,~~328~~081.3551 7,~~959~~845,~~027~~946.9746 0.~~97704738~~96316554 84113,~~328~~081.3551 3-A1 23,~~300~~849,~~211~~837.3870 ~~131~~127,~~272~~422,~~079~~241.6797 0.~~97111254~~94263256 23,~~300~~849,~~211~~837.3870 3-A2 ~~187~~313,~~213~~336.2569 10,~~684~~370,~~180~~843.1546 0.~~97111254~~94263256 ~~187~~313,~~213~~336.2569 4-A 1,~~647~~765,~~381~~724.3472 9089,~~859~~093,~~119~~395.7502 0.~~97679073~~95780811 1,~~647~~765,~~381~~724.3472 5-A1 18637,~~227~~728.5746 47,~~658~~020,~~643~~915.7428 0.~~99917489~~98580476 18637,~~227~~728.5746 5-A2 ~~607~~21,245.2314 1,~~587~~566,~~688~~443.8976 0.~~99917488~~98580476 ~~607~~21,245.2314 6-A1 ~~558~~3,~~199~~303.4215 24,~~328~~325,~~447~~143.0691 0.~~94829262~~94816386 ~~558~~3,~~199~~303.4215 6-A2 ~~18,603~~110.0208 810,~~790~~680.1910 0.~~94829262~~94816386 ~~18,603~~110.0208 7-A 3992,~~891,626~~954.5270 ~~129~~128,~~760~~852,~~978~~755.6521 0.~~94436868~~93775885 3992,~~891,626~~954.5270 B1-I 4,~~152~~123.5546 29,~~015~~011,~~629~~506.6318 0.~~99971161~~99956953 4,~~152~~123.5546 B2-I ~~691~~686.6277 4,~~832~~831,~~605~~919.9013 0.~~99971161~~99956953 ~~691~~686.6277 B3-I 1,~~245~~236.4572 8,~~702~~701,~~489~~252.5280 0.~~99971160~~99956953 1,~~245~~236.4572 B4-I ~~414~~412.9100 2,~~899~~898,~~163~~751.6665 0.~~99971161~~99956953 ~~414~~412.9100 B5-I ~~553~~549.2639 3,865,~~884~~335.7839 0.~~99971161~~99956953 ~~553~~549.2639 B6-I ~~345~~343.6624 2,~~415~~414,~~303~~960.2400 0.~~99971161~~99956954 ~~345~~343.6624 B7-I 68.9648 481,~~860~~792.9952 0.~~99971160~~99956954 68.9648 B8-I ~~761~~755.0167 5,~~317~~316,~~466~~710.0336 0.~~99971161~~99956954 ~~761~~755.0167 B9-I ~~830~~824.2544 5,~~801~~800,~~326~~502.4501 0.~~99971161~~99956953 ~~830~~824.2544 B10-I ~~627~~622.0061 4,~~381~~380,~~123~~500.1454 0.~~99971160~~99956954 ~~627~~622.0061 B1-II ~~940~~3.1188 4,128,~~311~~350.4557 0.~~99983324~~99984271 ~~940~~3.1188 B2-II ~~666~~2.6675 2,927,~~511~~539.7347 0.~~99983324~~99984272 ~~666~~2.6675 B3-II ~~170~~0.7670 749,~~874~~882.9304 0.~~99983324~~99984272 ~~170~~0.7670 B4-II ~~239~~0.3099 1,050,~~824~~834.7369 0.~~99983324~~99984271 ~~239~~0.3099 B5-II ~~170~~0.7670 749,~~874~~882.9304 0.~~99983324~~99984272 ~~170~~0.7670 B6-II ~~205~~0.1485 900,~~849~~858.7529 0.~~99983324~~99984272 ~~205~~0.1485 B7-II ~~307~~1.6027 1,350,~~774~~787.7151 0.~~99983324~~99984272 ~~307~~1.6027 B8-II ~~205~~0.9485 904,~~352~~360.1674 0.~~99983323~~99984272 ~~205~~0.9485 BX-II 0.8501 0.00 0.00000000 0.8501 R 0.00 0.00 0.00000000 0.00 P 0.00 0.06 1.00000000 0.00 Totals 2018,~~976~~811,~~123~~343.4207 1,~~080~~062,~~918~~192,~~803~~324.6177 0.~~96706093~~95030699 2018,~~976~~811,~~123~~343.4207

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 302,410,000.00 ~~983~~960.~~94252941~~39901882 0.~~11657974~~11204520 2320.~~42693089~~27159882 0.00000000 1-A2 10,081,000.00 ~~983~~960.~~94252951~~39901895 0.~~11657970~~11204543 2320.~~42693086~~27159905 0.00000000 1-A3 150,000,000.00 ~~983~~960.~~94252940~~39901880 0.~~11657973~~11204520 2320.~~42693087~~27159880 0.00000000 1-A4 14,117,000.00 ~~983~~960.~~94252957~~39901891 0.~~11658001~~11204505 2320.~~42693065~~27159878 0.00000000 2-A1 100,086,000.00 ~~987~~977.~~39949873~~04738115 0.~~14456517~~14271187 1013.~~20755250~~73913295 0.00000000 2-A2 8,146,000.00 ~~987~~977.~~39949914~~04738154 0.~~14456543~~14271176 1013.~~20755217~~73913332 0.00000000 3-A1 135,177,000.00 ~~988~~971.~~12883146~~11253889 0.~~19803517~~19350711 1628.~~81825740~~28646878 0.00000000 3-A2 11,002,000.00 ~~988~~971.~~12883112~~11253863 0.~~19803490~~19350664 1628.~~81825759~~28646882 0.00000000 4-A 93,018,000.00 ~~994~~976.~~50107603~~79072599 0.~~12919521~~12744318 1718.~~58115483~~85517007 0.00000000 5-A1 47,698,000.00 999.~~55703195~~17488658 0.~~26191727~~26347750 013.~~12022810~~10665248 0.00000000 5-A2 1,589,000.00 999.~~55702958~~17488357 0.~~26191945~~26348018 013.~~12022656~~10665198 0.00000000 6-A1 25,655,000.00 ~~970~~948.~~05053557~~29261586 0.~~07870824~~07891561 210.~~67921107~~04983707 0.00000000 6-A2 855,000.00 ~~970~~948.~~05053801~~29261988 0.~~07871345~~07891228 210.~~67921637~~04983626 0.00000000 7-A 137,405,000.00 ~~972~~944.~~17555766~~36868127 0.~~22138088~~00088658 287.~~10092558~~22559499 0.00000000 7-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 29,024,000.00 999.~~85467854~~71160522 0.~~14307297~~14207070 0.00000000 0.00000000 B2-I 4,834,000.00 999.~~85467935~~71160530 0.~~14307406~~14207075 0.00000000 0.00000000 B3-I 8,705,000.00 999.~~85467892~~71160482 0.~~14307295~~14207007 0.00000000 0.00000000 B4-I 2,900,000.00 999.~~85467931~~71160690 0.~~14307241~~14206897 0.00000000 0.00000000 B5-I 3,867,000.00 999.~~85467804~~71160590 0.~~14307215~~14207137 0.00000000 0.00000000 B6-I 2,416,000.00 999.~~85467715~~71160596 0.~~14307119~~14206954 0.00000000 0.00000000 B7-I 482,000.00 999.~~85466805~~71159751 0.~~14307054~~14207469 0.00000000 0.00000000 B8-I 5,319,000.00 999.~~85467757~~71160556 0.~~14307389~~14206994 0.00000000 0.00000000 B9-I 5,803,000.00 999.~~85467861~~71160607 0.~~14307255~~14207134 0.00000000 0.00000000 B10-I 4,382,387.00 999.~~85467737~~71160466 0.~~14307271~~14207098 0.00000000 0.00000000 B1-II 4,129,000.00 999.~~86259869~~83324049 0.~~22768467~~00093969 0.00000000 0.00000000 B2-II 2,928,000.00 999.~~86259904~~83324112 0.~~22768443~~00093921 0.00000000 0.00000000 B3-II 750,000.00 999.~~86260000~~83324000 0.~~22768000~~00093333 0.00000000 0.00000000 B4-II 1,051,000.00 999.~~86259753~~83323501 0.~~22768792~~00094196 0.00000000 0.00000000 B5-II 750,000.00 999.~~86260000~~83324000 0.~~22768000~~00093333 0.00000000 0.00000000 B6-II 901,000.00 999.~~86259711~~83324084 0.~~22768036~~00094340 0.00000000 0.00000000 B7-II 1,351,000.00 999.~~86259808~~83324204 0.~~22768320~~00094004 0.00000000 0.00000000 B8-II 904,503.00 999.~~86259858~~83323438 0.~~22768305~~00093974 0.00000000 0.00000000 BX-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.06 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes per $1,000 denominations

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 2320.~~54351060~~38364403 ~~960~~940.~~39901882~~01537479 0.~~96039902~~94001537 2320.~~54351060~~38364403 1-A2 0.00000000 2320.~~54351056~~38364448 ~~960~~940.~~39901895~~01537447 0.~~96039902~~94001537 2320.~~54351056~~38364448 1-A3 0.00000000 2320.~~54351060~~38364400 ~~960~~940.~~39901880~~01537480 0.~~96039902~~94001537 2320.~~54351060~~38364400 1-A4 0.00000000 2320.~~54351066~~38364383 ~~960~~940.~~39901891~~01537508 0.~~96039902~~94001538 2320.~~54351066~~38364383 2-A1 0.00000000 1013.~~35211768~~88184491 ~~977~~963.~~04738115~~16553624 0.~~97704738~~96316554 1013.~~35211768~~88184491 2-A2 0.00000000 1013.~~35211760~~88184508 ~~977~~963.~~04738154~~16553646 0.~~97704738~~96316554 1013.~~35211760~~88184508 3-A1 0.00000000 1728.~~01629256~~47997588 ~~971~~942.~~11253889~~63256301 0.~~97111254~~94263256 1728.~~01629256~~47997588 3-A2 0.00000000 1728.~~01629249~~47997546 ~~971~~942.~~11253863~~63256317 0.~~97111254~~94263256 1728.~~01629249~~47997546 4-A 0.00000000 1718.~~71035004~~98261326 ~~976~~957.~~79072599~~80811262 0.~~97679073~~95780811 1718.~~71035004~~98261326 5-A1 0.00000000 013.~~38214537~~37012998 ~~999~~985.~~17488658~~80475659 0.~~99917489~~98580476 013.~~38214537~~37012998 5-A2 0.00000000 013.~~38214600~~37013216 ~~999~~985.~~17488357~~80475771 0.~~99917488~~98580476 013.~~38214600~~37013216 6-A1 0.00000000 210.~~75791931~~12875268 948.~~29261586~~16386318 0.~~94829262~~94816386 210.~~75791931~~12875268 6-A2 0.00000000 210.~~75791813~~12874854 948.~~29261988~~16385965 0.~~94829262~~94816386 210.~~75791813~~12874854 7-A 0.00000000 287.~~32230647~~22648157 ~~944~~937.~~36868127~~75885310 0.~~94436868~~93775885 287.~~32230647~~22648157 7-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.~~14307297~~14207070 999.~~71160522~~56953487 0.~~99971161~~99956953 0.~~14307297~~14207070 B2-I 0.00000000 0.~~14307406~~14207075 999.~~71160530~~56953455 0.~~99971161~~99956953 0.~~14307406~~14207075 B3-I 0.00000000 0.~~14307295~~14207007 999.~~71160482~~56953475 0.~~99971160~~99956953 0.~~14307295~~14207007 B4-I 0.00000000 0.~~14307241~~14206897 999.~~71160690~~56953448 0.~~99971161~~99956953 0.~~14307241~~14206897 B5-I 0.00000000 0.~~14307215~~14207137 999.~~71160590~~56953452 0.~~99971161~~99956953 0.~~14307215~~14207137 B6-I 0.00000000 0.~~14307119~~14206954 999.~~71160596~~56953642 0.~~99971161~~99956954 0.~~14307119~~14206954 B7-I 0.00000000 0.~~14307054~~14207469 999.~~71159751~~56954357 0.~~99971160~~99956954 0.~~14307054~~14207469 B8-I 0.00000000 0.~~14307389~~14206994 999.~~71160556~~56953563 0.~~99971161~~99956954 0.~~14307389~~14206994 B9-I 0.00000000 0.~~14307255~~14207134 999.~~71160607~~56953472 0.~~99971161~~99956953 0.~~14307255~~14207134 B10-I 0.00000000 0.~~14307271~~14207098 999.~~71160466~~56953596 0.~~99971160~~99956954 0.~~14307271~~14207098 B1-II 0.00000000 0.~~22768467~~00093969 999.~~83324049~~84271494 0.~~99983324~~99984271 0.~~22768467~~00093969 B2-II 0.00000000 0.~~22768443~~00093921 999.~~83324112~~84271516 0.~~99983324~~99984272 0.~~22768443~~00093921 B3-II 0.00000000 0.~~22768000~~00093333 999.~~83324000~~84272000 0.~~99983324~~99984272 0.~~22768000~~00093333 B4-II 0.00000000 0.~~22768792~~00094196 999.~~83323501~~84271170 0.~~99983324~~99984271 0.~~22768792~~00094196 B5-II 0.00000000 0.~~22768000~~00093333 999.~~83324000~~84272000 0.~~99983324~~99984272 0.~~22768000~~00093333 B6-II 0.00000000 0.~~22768036~~00094340 999.~~83324084~~84271920 0.~~99983324~~99984272 0.~~22768036~~00094340 B7-II 0.00000000 0.~~22768320~~00094004 999.~~83324204~~84271651 0.~~99983324~~99984272 0.~~22768320~~00094004 B8-II 0.00000000 0.~~22768305~~00093974 999.~~83323438~~84272026 0.~~99983323~~99984272 0.~~22768305~~00093974 BX-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A1 302,410,000.00 5.~~41273~~40659% ~~297~~290,~~554~~434,~~060~~267.3228 1,~~342~~308,~~149~~549.1649 0.00 0.00 1-A2 10,081,000.00 5.~~41273~~40659% 9,~~919~~681,~~124~~782.6451 4443,~~741~~621.2620 0.00 0.00 1-A3 150,000,000.00 5.~~41273~~40659% ~~147~~144,~~591~~059,~~379~~852.4182 ~~665~~649,~~726~~060.5762 0.00 0.00 1-A4 14,117,000.00 5.~~41273~~40659% 13,~~890~~557,~~316~~952.6995 6261,~~653~~085.7526 0.00 0.00 2-A1 100,086,000.00 5.~~47549~~47391% 9897,~~824~~788,~~866~~764.2319 ~~450~~446,~~928~~072.6465 0.00 0.00 2-A2 8,146,000.00 5.~~47549~~47391% 87,~~043~~959,~~356~~027.3297 36,~~701~~305.0886 0.00 0.00 3-A1 135,177,000.00 5.~~55155~~55055% ~~133~~131,~~572~~272,~~291~~079.0567 ~~617~~607,~~943~~193.9204 0.00 0.00 3-A2 11,002,000.00 5.~~55155~~55055% 10,~~871~~684,~~393~~180.4015 5049,~~294~~419.2019 0.00 0.00 4-A 93,018,000.00 5.~~46535~~46046% 9290,~~506~~859,~~501~~119.0975 ~~421~~413,~~316~~443.7396 0.00 0.00 5-A1 47,698,000.00 5.~~64838~~64839% 47,~~676~~658,~~871~~643.3174 224,~~414~~328.0675 0.00 0.00 5-A2 1,589,000.00 5.~~64838~~64839% 1,~~588~~587,~~296~~688.1289 7,~~476~~473.0824 0.00 0.00 6-A1 25,655,000.00 5.~~94332~~93183% 24,~~886~~328,~~646~~447.4906 ~~123~~120,~~257~~260.8625 0.00 0.00 6-A2 855,000.00 5.~~94332~~93183% ~~829~~810,~~393~~790.2119 4,~~107~~007.7989 0.00 0.00 7-A 137,405,000.00 3.~~57100~~74700% ~~133~~129,~~581~~760,~~782~~978.5065 ~~397~~405,~~517~~178.1266 0.00 0.00 7-AX 0.00 0.~~64736~~95232% ~~133~~129,~~581~~760,~~782~~978.5065 72102,~~063~~978.1827 0.00 0.00 B1-I 29,024,000.00 5.~~47681~~47236% 29,~~019~~015,~~782~~629.1963 132,~~446~~319.4193 0.00 0.00 B2-I 4,834,000.00 5.~~47681~~47236% 4,~~833~~832,~~297~~605.5290 22,~~059~~038.1913 0.00 0.00 B3-I 8,705,000.00 5.~~47681~~47236% 8,~~703~~702,~~734~~489.9852 39,~~723~~685.8895 0.00 0.00 B4-I 2,900,000.00 5.~~47681~~47236% 2,899,~~578~~163.5766 13,~~233~~221.6905 0.00 0.00 B5-I 3,867,000.00 5.~~47681~~47236% 3,~~866~~865,~~438~~884.0478 17,~~646~~629.4459 0.00 0.00 B6-I 2,416,000.00 5.~~47681~~47236% 2,415,~~648~~303.9024 11,~~025~~014.0350 0.00 0.00 B7-I 482,000.00 5.~~47681~~47236% 481,~~929~~860.9599 2,~~199~~197.5343 0.00 0.00 B8-I 5,319,000.00 5.~~47681~~47236% 5,~~318~~317,~~227~~466.03 24,~~272~~249.4123 0.00 0.00 B9-I 5,803,000.00 5.~~47681~~47236% 5,~~802~~801,~~156~~326.7045 26,~~481~~455.0778 0.00 0.00 B10-I 4,382,387.00 5.~~47681~~47236% 4,381,~~750~~123.14 19,~~998~~979.3323 0.00 0.00 B1-II 4,129,000.00 3.~~47000~~54000% 4,128,~~432~~311.6745 1112,~~938~~178.0552 0.00 0.00 B2-II 2,928,000.00 3.~~67000~~74000% 2,927,~~597~~511.6973 89,~~953~~124.5708 0.00 0.00 B3-II 750,000.00 3.~~72000~~79000% 749,~~896~~874.9593 2,~~324~~368.6835 0.00 0.00 B4-II 1,051,000.00 4.~~32000~~39000% 1,050,~~855~~824.5973 3,~~783~~844.0827 0.00 0.00 B5-II 750,000.00 4.~~32000~~39000% 749,~~896~~874.9593 2,~~699~~743.6329 0.00 0.00 B6-II 901,000.00 4.~~32000~~39000% 900,~~876~~849.2075 3,~~243~~295.1561 0.00 0.00 B7-II 1,351,000.00 4.~~32000~~39000% 1,350,~~814~~774.3771 4,~~862~~941.9358 0.00 0.00 B8-II 904,503.00 4.~~32000~~39000% 904,~~378~~352.7216 3,~~255~~308.7642 0.00 0.00 BX-II 0.00 0.~~39715~~76863% 12,~~766~~770,~~482~~344.9941 48,~~237~~205.0283 0.00 0.00 R 100.00 5.~~40652~~40522% 0.00 0.00 0.00 0.00 P 0.06 0.00000% 0.06 0.00 0.00 0.00 Totals 1,117,735,990.06 4,~~875~~837,~~675~~779.2510 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A1 0.00 0.00 1,~~342~~308,~~149~~549.1649 0.00 ~~290~~284,~~434~~270,~~267~~049.2849 1-A2 0.00 0.00 4443,~~741~~621.2620 0.00 9,~~681~~476,~~782~~294.5199 1-A3 0.00 0.00 ~~665~~649,~~726~~060.5762 0.00 ~~144~~141,~~059~~002,~~852~~306.8222 1-A4 0.00 0.00 6261,~~653~~085.7526 0.00 13,~~557~~270,~~952~~197.9505 2-A1 0.00 0.00 ~~450~~446,~~928~~072.6465 0.00 9796,~~788~~399,~~764~~385.1986 2-A2 0.00 0.00 36,~~701~~305.0886 0.00 7,~~959~~845,~~027~~946.9746 3-A1 0.00 0.00 ~~617~~607,~~943~~193.9204 0.00 ~~131~~127,~~272~~422,~~079~~241.6797 3-A2 0.00 0.00 5049,~~294~~419.2019 0.00 10,~~684~~370,~~180~~843.1546 4-A 0.00 0.00 ~~421~~413,~~316~~443.7396 0.00 9089,~~859~~093,~~119~~395.7502 5-A1 0.00 0.00 224,~~414~~328.0675 0.00 47,~~658~~020,~~643~~915.7428 5-A2 0.00 0.00 7,~~476~~473.0824 0.00 1,~~587~~566,~~688~~443.8976 6-A1 0.00 0.00 ~~123~~120,~~257~~260.8625 0.00 24,~~328~~325,~~447~~143.0691 6-A2 0.00 0.00 4,~~107~~007.7989 0.00 810,~~790~~680.1910 7-A 0.00 0.00 ~~326~~320,~~694~~447.4540 0.00 ~~129~~128,~~760~~852,~~978~~755.6521 7-AX 0.00 0.00 72102,~~063~~978.1827 0.00 ~~129~~128,~~760~~852,~~978~~755.6521 B1-I 0.00 0.00 132,~~446~~319.4193 0.00 29,~~015~~011,~~629~~506.6318 B2-I 0.00 0.00 22,~~059~~038.1913 0.00 4,~~832~~831,~~605~~919.9013 B3-I 0.00 0.00 39,~~723~~685.8895 0.00 8,~~702~~701,~~489~~252.5280 B4-I 0.00 0.00 13,~~233~~221.6905 0.00 2,~~899~~898,~~163~~751.6665 B5-I 0.00 0.00 17,~~646~~629.4459 0.00 3,865,~~884~~335.7839 B6-I 0.00 0.00 11,~~025~~014.0350 0.00 2,~~415~~414,~~303~~960.2400 B7-I 0.00 0.00 2,~~199~~197.5343 0.00 481,~~860~~792.9952 B8-I 0.00 0.00 24,~~272~~249.4123 0.00 5,~~317~~316,~~466~~710.0336 B9-I 0.00 0.00 26,~~481~~455.0778 0.00 5,~~801~~800,~~326~~502.4501 B10-I 0.00 0.00 19,~~998~~979.3323 0.00 4,~~381~~380,~~123~~500.1454 B1-II 0.00 0.00 1112,~~119~~135.1652 0.00 4,128,~~311~~350.4557 B2-II 0.00 0.00 89,~~372~~093.8758 0.00 2,927,~~511~~539.7347 B3-II 0.00 0.00 2,~~175~~360.9454 0.00 749,~~874~~882.9304 B4-II 0.00 0.00 3,~~485~~833.6332 0.00 1,050,~~824~~834.7369 B5-II 0.00 0.00 2,~~487~~735.3748 0.00 749,~~874~~882.9304 B6-II 0.00 0.00 23,~~988~~286.1622 0.00 900,~~849~~858.7529 B7-II 0.00 0.00 4,~~480~~927.5851 0.00 1,350,~~774~~787.7151 B8-II 0.00 0.00 23,~~999~~299.7800 0.00 904,~~352~~360.1674 BX-II 0.00 0.00 0.00 0.00 12,~~770~~778,~~344~~671.4119 R 0.00 0.00 1.1605 0.00 0.00 P 0.00 0.00 98,~~192~~830.6980 0.00 0.06 Totals 0.00 0.00 4,~~806~~753,~~858~~540.0591 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A1 302,410,000.00 5.~~41273~~40659% ~~983~~960.~~94252941~~39901882 4.~~43817718~~32707083 0.00000000 0.00000000 1-A2 10,081,000.00 5.~~41273~~40659% ~~983~~960.~~94252951~~39901895 4.~~43817677~~32707073 0.00000000 0.00000000 1-A3 150,000,000.00 5.~~41273~~40659% ~~983~~960.~~94252940~~39901880 4.~~43817713~~32707080 0.00000000 0.00000000 1-A4 14,117,000.00 5.~~41273~~40659% ~~983~~960.~~94252957~~39901891 4.~~43817737~~32707091 0.00000000 0.00000000 2-A1 100,086,000.00 5.~~47549~~47391% ~~987~~977.~~39949873~~04738115 4.~~50541175~~45689357 0.00000000 0.00000000 2-A2 8,146,000.00 5.~~47549~~47391% ~~987~~977.~~39949914~~04738154 4.~~50541124~~45689418 0.00000000 0.00000000 3-A1 135,177,000.00 5.~~55155~~55055% ~~988~~971.~~12883146~~11253889 4.~~57136880~~49183692 0.00000000 0.00000000 3-A2 11,002,000.00 5.~~55155~~55055% ~~988~~971.~~12883112~~11253863 4.~~57136884~~49183694 0.00000000 0.00000000 4-A 93,018,000.00 5.~~46535~~46046% ~~994~~976.~~50107603~~79072599 4.~~52941076~~44477370 0.00000000 0.00000000 5-A1 47,698,000.00 5.~~64838~~64839% 999.~~55703195~~17488658 4.~~70489454~~70310600 0.00000000 0.00000000 5-A2 1,589,000.00 5.~~64838~~64839% 999.~~55702958~~17488357 4.~~70489616~~70310887 0.00000000 0.00000000 6-A1 25,655,000.00 5.~~94332~~93183% ~~970~~948.~~05053557~~29261586 4.~~80443812~~68759501 0.00000000 0.00000000 6-A2 855,000.00 5.~~94332~~93183% ~~970~~948.~~05053801~~29261988 4.~~80443275~~68759064 0.00000000 0.00000000 7-A 137,405,000.00 3.~~57100~~74700% ~~972~~944.~~17555766~~36868127 2.~~89303242~~94879124 0.00000000 0.00000000 7-AX 0.00 0.~~64736~~95232% 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 29,024,000.00 5.~~47681~~47236% 999.~~85467854~~71160522 4.~~56334103~~55898326 0.00000000 0.00000000 B2-I 4,834,000.00 5.~~47681~~47236% 999.~~85467935~~71160530 4.~~56334092~~55898428 0.00000000 0.00000000 B3-I 8,705,000.00 5.~~47681~~47236% 999.~~85467892~~71160482 4.~~56334061~~55898334 0.00000000 0.00000000 B4-I 2,900,000.00 5.~~47681~~47236% 999.~~85467931~~71160690 4.~~56334138~~55898276 0.00000000 0.00000000 B5-I 3,867,000.00 5.~~47681~~47236% 999.~~85467804~~71160590 4.~~56334109~~55898371 0.00000000 0.00000000 B6-I 2,416,000.00 5.~~47681~~47236% 999.~~85467715~~71160596 4.~~56334023~~55898179 0.00000000 0.00000000 B7-I 482,000.00 5.~~47681~~47236% 999.~~85466805~~71159751 4.~~56334025~~55898340 0.00000000 0.00000000 B8-I 5,319,000.00 5.~~47681~~47236% 999.~~85467757~~71160556 4.~~56334085~~55898289 0.00000000 0.00000000 B9-I 5,803,000.00 5.~~47681~~47236% 999.~~85467861~~71160607 4.~~56334138~~55898328 0.00000000 0.00000000 B10-I 4,382,387.00 5.~~47681~~47236% 999.~~85467737~~71160466 4.~~56334185~~55898349 0.00000000 0.00000000 B1-II 4,129,000.00 3.~~47000~~54000% 999.~~86259869~~83324049 2.~~89126907~~94950836 0.00000000 0.00000000 B2-II 2,928,000.00 3.~~67000~~74000% 999.~~86259904~~83324112 3.~~05791325~~11614754 0.00000000 0.00000000 B3-II 750,000.00 3.~~72000~~79000% 999.~~86260000~~83324000 3.~~09957333~~15780000 0.00000000 0.00000000 B4-II 1,051,000.00 4.~~32000~~39000% 999.~~86259753~~83323501 3.~~59950523~~65772598 0.00000000 0.00000000 B5-II 750,000.00 4.~~32000~~39000% 999.~~86260000~~83324000 3.~~59950667~~65772000 0.00000000 0.00000000 B6-II 901,000.00 4.~~32000~~39000% 999.~~86259711~~83324084 3.~~59950055~~65772475 0.00000000 0.00000000 B7-II 1,351,000.00 4.~~32000~~39000% 999.~~86259808~~83324204 3.~~59950407~~65772021 0.00000000 0.00000000 B8-II 904,503.00 4.~~32000~~39000% 999.~~86259858~~83323438 3.~~59950160~~65772142 0.00000000 0.00000000 BX-II 0.00 0.~~39715~~76863% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 5.~~40652~~40522% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.06 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes per $1,000 denominations

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A1 0.00000000 0.00000000 4.~~43817718~~32707083 0.00000000 ~~960~~940.~~39901882~~01537479 1-A2 0.00000000 0.00000000 4.~~43817677~~32707073 0.00000000 ~~960~~940.~~39901895~~01537447 1-A3 0.00000000 0.00000000 4.~~43817713~~32707080 0.00000000 ~~960~~940.~~39901880~~01537480 1-A4 0.00000000 0.00000000 4.~~43817737~~32707091 0.00000000 ~~960~~940.~~39901891~~01537508 2-A1 0.00000000 0.00000000 4.~~50541175~~45689357 0.00000000 ~~977~~963.~~04738115~~16553624 2-A2 0.00000000 0.00000000 4.~~50541124~~45689418 0.00000000 ~~977~~963.~~04738154~~16553646 3-A1 0.00000000 0.00000000 4.~~57136880~~49183692 0.00000000 ~~971~~942.~~11253889~~63256301 3-A2 0.00000000 0.00000000 4.~~57136884~~49183694 0.00000000 ~~971~~942.~~11253863~~63256317 4-A 0.00000000 0.00000000 4.~~52941076~~44477370 0.00000000 ~~976~~957.~~79072599~~80811262 5-A1 0.00000000 0.00000000 4.~~70489454~~70310600 0.00000000 ~~999~~985.~~17488658~~80475659 5-A2 0.00000000 0.00000000 4.~~70489616~~70310887 0.00000000 ~~999~~985.~~17488357~~80475771 6-A1 0.00000000 0.00000000 4.~~80443812~~68759501 0.00000000 948.~~29261586~~16386318 6-A2 0.00000000 0.00000000 4.~~80443275~~68759064 0.00000000 948.~~29261988~~16385965 7-A 0.00000000 0.00000000 2.~~37760234~~33213784 0.00000000 ~~944~~937.~~36868127~~75885310 7-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.00000000 4.~~56334103~~55898326 0.00000000 999.~~71160522~~56953487 B2-I 0.00000000 0.00000000 4.~~56334092~~55898428 0.00000000 999.~~71160530~~56953455 B3-I 0.00000000 0.00000000 4.~~56334061~~55898334 0.00000000 999.~~71160482~~56953475 B4-I 0.00000000 0.00000000 4.~~56334138~~55898276 0.00000000 999.~~71160690~~56953448 B5-I 0.00000000 0.00000000 4.~~56334109~~55898371 0.00000000 999.~~71160590~~56953452 B6-I 0.00000000 0.00000000 4.~~56334023~~55898179 0.00000000 999.~~71160596~~56953642 B7-I 0.00000000 0.00000000 4.~~56334025~~55898340 0.00000000 999.~~71159751~~56954357 B8-I 0.00000000 0.00000000 4.~~56334085~~55898289 0.00000000 999.~~71160556~~56953563 B9-I 0.00000000 0.00000000 4.~~56334138~~55898328 0.00000000 999.~~71160607~~56953472 B10-I 0.00000000 0.00000000 4.~~56334185~~55898349 0.00000000 999.~~71160466~~56953596 B1-II 0.00000000 0.00000000 2.~~69294260~~93909421 0.00000000 999.~~83324049~~84271494 B2-II 0.00000000 0.00000000 23.~~85958675~~10573087 0.00000000 999.~~83324112~~84271516 B3-II 0.00000000 0.00000000 23.~~90125333~~14738667 0.00000000 999.~~83324000~~84272000 B4-II 0.00000000 0.00000000 3.~~31648906~~64730733 0.00000000 999.~~83323501~~84271170 B5-II 0.00000000 0.00000000 3.~~31649333~~64730667 0.00000000 999.~~83324000~~84272000 B6-II 0.00000000 0.00000000 3.~~31649279~~64730300 0.00000000 999.~~83324084~~84271920 B7-II 0.00000000 0.00000000 3.~~31649149~~64730570 0.00000000 999.~~83324204~~84271651 B8-II 0.00000000 0.00000000 3.~~31649536~~64730686 0.00000000 999.~~83323438~~84272026 BX-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 1110.~~60000000~~50000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

~~Certificateholder~~CERTIFICATEHOLDER ~~Component~~ACCOUNT ~~Statement~~STATEMENT ~~Component~~CERTIFICATE ACCOUNT Beginning ~~Ending~~Balance ~~Beginning~~0.00 ~~Ending~~Deposits ~~Ending~~Payments ~~Pass-Through~~of ~~Notional~~Interest ~~Notional~~and ~~Component~~Principal ~~Component~~23,802,014.25 ~~Component~~Liquidations, ~~Class~~Insurance ~~Rate~~Proceeds, ~~Balance~~Reserve ~~Balance~~Funds ~~Balance~~0.00 ~~Balance~~Proceeds ~~Percentage~~from ~~7-AXN~~Repurchased ~~0.95352%~~Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 8,830.80 Total Deposits 23,810,845.05 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 245,961.07 Payment of Interest and Principal 23,564,883.98 Total Withdrawals (Pool Distribution Amount) 23,810,845.05 Ending Balance 0.~~00000000%~~00

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 26,024,637.33 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 9,192.69 Total Deposits 26,033,830.02 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 250,848.55 Payment of Interest and Principal 25,782,981.47 Total Withdrawals (Pool Distribution Amount) 26,033,830.02 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~246~~241,~~257~~457.6121 Securities Administrator Fee 4,~~590~~503.9486 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~250~~245,~~848~~961.5507

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT ~~DELINQUENCY STATUS~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 01 0 0 01 0107,899.0079 0.00 0.00 0107,899.0079 30 Days 6348 0 0 0 6348 2117,~~567~~684,~~526~~694.8446 0.00 0.00 0.00 2117,~~567~~684,~~526~~694.8446 60 Days 4 0 0 0 4 ~~954~~938,~~612~~400.6400 0.00 0.00 0.00 ~~954~~938,~~612~~400.6400 90 Days 1 0 12 0 23 ~~344~~191,~~012~~462.8564 0.00 ~~162~~527,~~400~~150.00 0.00 ~~506~~718,~~412~~612.8564 120 Days 01 0 0 0 01 0344,012.0085 0.00 0.00 0.00 0344,012.0085 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 6854 0 1 2 0 6957 2219,~~866~~158,~~152~~569.3395 0107,899.0079 ~~162~~527,~~400~~150.00 0.00 2319,~~028~~793,~~552~~619.3374 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~000000~~029369% 0.000000% 0.000000% 0.~~000000~~029369% 0.~~000000~~010158% 0.000000% 0.000000% 0.~~000000~~010158% 30 Days 1.~~818707~~409692% 0.000000% 0.000000% 0.000000% 1.~~818707~~409692% 1.~~995222~~664913% 0.000000% 0.000000% 0.000000% 1.~~995222~~664913% 60 Days 0.~~115473~~117474% 0.000000% 0.000000% 0.000000% 0.~~115473~~117474% 0.~~088312~~088345% 0.000000% 0.000000% 0.000000% 0.~~088312~~088345% 90 Days 0.~~028868~~029369% 0.000000% 0.~~028868~~058737% 0.000000% 0.~~057737~~088106% 0.~~031825~~018025% 0.000000% 0.~~015024~~049628% 0.000000% 0.~~046848~~067653% 120 Days 0.~~000000~~029369% 0.000000% 0.000000% 0.000000% 0.~~000000~~029369% 0.~~000000~~032387% 0.000000% 0.000000% 0.000000% 0.~~000000~~032387% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~963048~~585903% 0.~~000000~~029369% 0.~~028868~~058737% 0.000000% 1.~~991917~~674009% 21.~~115358~~803670% 0.~~000000~~010158% 0.~~015024~~049628% 0.000000% 21.~~130382~~863457%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3121 0 0 0 3121 137,~~506~~373,~~748~~039.0345 0.00 0.00 0.00 137,~~506~~373,~~748~~039.0345 60 Days 21 0 0 0 21 ~~527~~188,~~150~~000.00 0.00 0.00 0.00 ~~527~~188,~~150~~000.00 90 Days 1 0 0 2 0 12 ~~344,012~~0.8500 0.00 0527,150.00 0.00 ~~344~~527,~~012~~150.8500 120 Days 01 0 0 0 01 0344,012.0085 0.00 0.00 0.00 0344,012.0085 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3423 0 02 0 3425 147,~~377~~905,~~910~~052.8830 0.00 0527,150.00 0.00 148,~~377~~432,~~910~~202.8830 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~215868~~531729% 0.000000% 0.000000% 0.000000% 21.~~215868~~531729% 21.~~736134~~523602% 0.000000% 0.000000% 0.000000% 21.~~736134~~523602% 60 Days 0.~~142959~~072939% 0.000000% 0.000000% 0.000000% 0.~~142959~~072939% 0.~~106788~~038849% 0.000000% 0.000000% 0.000000% 0.~~106788~~038849% 90 Days 0.~~071480~~000000% 0.000000% 0.~~000000~~145879% 0.000000% 0.~~071480~~145879% 0.~~069689~~000000% 0.000000% 0.~~000000~~108933% 0.000000% 0.~~069689~~108933% 120 Days 0.~~000000~~072939% 0.000000% 0.000000% 0.000000% 0.~~000000~~072939% 0.~~000000~~071089% 0.000000% 0.000000% 0.000000% 0.~~000000~~071089% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~430307~~677608% 0.000000% 0.~~000000~~145879% 0.000000% 21.~~430307~~823487% 21.~~912610~~633539% 0.000000% 0.~~000000~~108933% 0.000000% 21.~~912610~~742472% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 01 0 0 01 0107,899.0079 0.00 0.00 0107,899.0079 30 Days 97 0 0 0 97 1,~~463~~687,~~047~~394.8935 0.00 0.00 0.00 1,~~463~~687,~~047~~394.8935 60 Days 02 0 0 0 02 0306,400.00 0.00 0.00 0.00 0306,400.00 90 Days 0 0 10 0 10 0.00 0.00 ~~162,400~~0.00 0.00 ~~162,400~~0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 0 1 0 0 10 1,~~463~~993,~~047~~794.8935 0107,899.0079 ~~162,400~~0.00 0.00 12,~~625~~101,~~447~~694.8914 0-29 Days 0.~~000000~~174216% 0.000000% 0.000000% 0.~~000000~~174216% 0.~~000000~~095997% 0.000000% 0.000000% 0.~~000000~~095997% 30 Days 1.~~546392~~219512% 0.000000% 0.000000% 0.000000% 1.~~546392~~219512% 1.~~284469~~501248% 0.000000% 0.000000% 0.000000% 1.~~284469~~501248% 60 Days 0.~~000000~~348432% 0.000000% 0.000000% 0.000000% 0.~~000000~~348432% 0.~~000000~~272599% 0.000000% 0.000000% 0.000000% 0.~~000000~~272599% 90 Days 0.000000% 0.000000% 0.~~171821~~000000% 0.000000% 0.~~171821~~000000% 0.000000% 0.000000% 0.~~142578~~000000% 0.000000% 0.~~142578~~000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~546392~~567944% 0.~~000000~~174216% 0.~~171821~~000000% 0.000000% 1.~~718213~~742160% 1.~~284469~~773847% 0.~~000000~~095997% 0.~~142578~~000000% 0.000000% 1.~~427046~~869844% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 85 0 0 0 85 21,~~963~~752,~~942~~883.5307 0.00 0.00 0.00 21,~~963~~752,~~942~~883.5307 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 85 0 0 0 85 21,~~963~~752,~~942~~883.5307 0.00 0.00 0.00 21,~~963~~752,~~942~~883.5307 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~110818~~347709% 0.000000% 0.000000% 0.000000% 21.~~110818~~347709% 1.~~937532~~177906% 0.000000% 0.000000% 0.000000% 1.~~937532~~177906% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~110818~~347709% 0.000000% 0.000000% 0.000000% 21.~~110818~~347709% 1.~~937532~~177906% 0.000000% 0.000000% 0.000000% 1.~~937532~~177906% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 118 0 0 0 118 21,~~391~~491,~~780~~384.0089 0.00 0.00 0.00 21,~~391~~491,~~780~~384.0089 60 Days 1 0 0 0 1 ~~236~~444,000.00 0.00 0.00 0.00 ~~236~~444,000.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 129 0 0 0 129 21,~~627~~935,~~780~~384.0089 0.00 0.00 0.00 21,~~627~~935,~~780~~384.0089 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~173913~~609658% 0.000000% 0.000000% 0.000000% 21.~~173913~~609658% 21.~~443911~~551910% 0.000000% 0.000000% 0.000000% 21.~~443911~~551910% 60 Days 0.~~197628~~201207% 0.000000% 0.000000% 0.000000% 0.~~197628~~201207% 0.~~241144~~462019% 0.000000% 0.000000% 0.000000% 0.~~241144~~462019% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~371542~~810865% 0.000000% 0.000000% 0.000000% 21.~~371542~~810865% 2.~~685054~~013929% 0.000000% 0.000000% 0.000000% 2.~~685054~~013929% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 32 0 0 0 32 ~~890~~903,~~300~~954.0022 0.00 0.00 0.00 ~~890~~903,~~300~~954.0022 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 32 0 0 0 32 ~~890~~903,~~300~~954.0022 0.00 0.00 0.00 ~~890~~903,~~300~~954.0022 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~238806~~515152% 0.000000% 0.000000% 0.000000% 21.~~238806~~515152% 1.~~680991~~728299% 0.000000% 0.000000% 0.000000% 1.~~680991~~728299% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~238806~~515152% 0.000000% 0.000000% 0.000000% 21.~~238806~~515152% 1.~~680991~~728299% 0.000000% 0.000000% 0.000000% 1.~~680991~~728299% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 03,481,406.0025 0.00 0.00 0.00 03,481,406.0025 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 01 0 0 0 01 03,481,406.0025 0.00 0.00 0.00 03,481,406.0025 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~515152% 0.000000% 0.000000% 0.000000% 01.~~000000~~515152% 012.~~000000~~831076% 0.000000% 0.000000% 0.000000% 012.~~000000~~831076% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~000000~~515152% 0.000000% 0.000000% 0.000000% 01.~~000000~~515152% 012.~~000000~~831076% 0.000000% 0.000000% 0.000000% 012.~~000000~~831076% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 14 0 0 0 14 ~~351~~994,~~708~~632.3923 0.00 0.00 0.00 ~~351~~994,~~708~~632.3923 60 Days 10 0 0 0 10 ~~191,462~~0.6400 0.00 0.00 0.00 ~~191,462~~0.6400 90 Days 01 0 0 0 01 0191,462.0064 0.00 0.00 0.00 0191,462.0064 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 25 0 0 0 25 ~~543~~1,~~171~~186,094.0387 0.00 0.00 0.00 ~~543~~1,~~171~~186,094.0387 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~251256~~015228% 0.000000% 0.000000% 0.000000% 01.~~251256~~015228% 0.~~246862~~702777% 0.000000% 0.000000% 0.000000% 0.~~246862~~702777% 60 Days 0.~~251256~~000000% 0.000000% 0.000000% 0.000000% 0.~~251256~~000000% 0.~~134387~~000000% 0.000000% 0.000000% 0.000000% 0.~~134387~~000000% 90 Days 0.~~000000~~253807% 0.000000% 0.000000% 0.000000% 0.~~000000~~253807% 0.~~000000~~135282% 0.000000% 0.000000% 0.000000% 0.~~000000~~135282% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~502513~~269036% 0.000000% 0.000000% 0.000000% 01.~~502513~~269036% 0.~~381249~~838059% 0.000000% 0.000000% 0.000000% 0.~~381249~~838059%

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 698,897.00 0.06252791% 698,897.00 0.~~06465720~~06579659% Fraud 22,354,719.00 1.99999993% 22,354,719.00 2.~~06810670~~10455094% Special Hazard 18,279,047.00 1.63536355% 1813,~~279~~158,~~047~~019.0083 1.~~69105322~~23874172% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.~~583720~~644644% Weighted Average Net Coupon 5.~~315520~~376588% Weighted Average Pass-Through Rate 5.~~309651~~370702% Weighted Average Maturity(Stepdown Calculation ) ~~358~~357 Beginning Scheduled Collateral Loan Count 3,~~523~~464 Number Of Loans Paid In Full 59 Ending Scheduled Collateral Loan Count 3,~~464~~405 Beginning Scheduled Collateral Balance 1,~~101~~080,~~825~~926,~~306~~773.0987 Ending Scheduled Collateral Balance 1,~~080~~062,~~926~~208,~~773~~500.8784 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 1,~~080~~062,~~958~~199,~~997~~170.7700 Monthly P &I Constant 5,~~192~~090,~~255~~211.0157 Special Servicing Fee 0.00 Prepayment Penalties 98,~~192~~830.6980 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 655,~~352~~672.0693 Unscheduled Principal 2018,~~833~~712,~~180~~600.1610

Pool 1-6 Special Hazard Loss Limit 9,~~383~~205,~~654~~770.5174 Pool 7 Special Hard Loss Limit 3,~~951~~952,~~333~~249.09 Component BXII-N Beginning Balance 7,969.89 Component BXII-N Ending Balance 16,175.72

Miscellaneous Reporting One-Month LIBOR 3.~~020000~~090000% One-Year MTA 2.~~171000~~34700% ~~Unpaid~~ Sub Floating Rate Cert Shortfall ~~1,151~~0.3500

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.~~669096~~662989 5.~~730489~~728913 5.~~813425~~812154 Weighted Average Net Rate 5.~~417729~~411592 5.~~480489~~478913 5.~~556546~~555546 Weighted Average Maturity ~~358~~357 ~~358~~357 ~~358~~357 Beginning Loan Count 1,~~427~~399 ~~588~~582 ~~385~~379 Loans Paid In Full 28 68 68 Ending Loan Count 1,~~399~~371 ~~582~~574 ~~379~~371 Beginning Scheduled Balance ~~504~~493,~~825~~600,~~302~~027.9645 ~~115~~113,~~013~~892,~~734~~111.7880 ~~155~~152,~~444~~954,~~389~~760.8451 Ending ~~scheduled~~Scheduled Balance ~~493~~483,~~600~~880,~~027~~835.4530 ~~113~~112,~~892~~388,~~111~~462.8037 ~~152~~148,~~954~~789,~~760~~394.5152 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant 2,~~444~~386,~~732~~962.0142 ~~566~~560,~~076~~367.5928 ~~784~~771,~~206~~308.9177 Scheduled Principal 5957,~~812~~585.8498 16,~~839~~635.1659 3130,~~153~~478.2827 Unscheduled Principal 119,~~165~~661,~~462~~606.6717 1,~~104~~487,~~783~~013.8284 24,~~458~~134,~~476~~887.0572 Scheduled Interest 2,~~384~~329,~~919~~376.1744 ~~549~~543,~~237~~731.4369 ~~753~~740,~~053~~830.6350 Servicing Fees ~~105~~103,~~746~~408.9223 23,~~961~~727.1952 3332,~~275~~707.3381 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 2,~~103~~056.4467 ~~479~~474.2255 ~~647~~637.6831 Pool Insurance Fee 0.00 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 0.00 Net Interest 2,~~277~~223,~~068~~911.8154 ~~524~~519,~~797~~529.0262 ~~719~~707,~~130~~485.6238 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 94,~~192~~818.6900 04,012.0080 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~412729~~406592 5.~~475489~~473913 5.~~551546~~550546

Group Level Collateral Statement Group 4 5 6 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.~~720349~~715463 5.~~903375~~903387 6.~~198326~~186835 Weighted Average Net Rate 5.~~470349~~465463 5.~~653375~~653387 5.~~948326~~936835 Weighted Average Maturity ~~358~~357 ~~358~~357 ~~358~~357 Beginning Loan Count ~~512~~506 134 6966 Loans Paid In Full 69 2 0 3 Ending Loan Count ~~506~~497 ~~134~~132 66 Beginning Scheduled Balance 9997,~~507~~859,~~846~~555.0618 52,~~974~~954,~~430~~624.7702 27,~~711~~134,~~336~~371.1985 Ending scheduled Balance 9796,~~859~~092,~~555~~917.1810 52,~~954~~294,~~624~~672.0257 27,~~134~~130,~~371~~792.8558 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~487~~478,~~276~~861.6880 274,~~487~~473.7058 ~~145~~142,~~385~~154.0465 Scheduled Principal 12,~~927~~767.0287 13,~~881~~963.0787 2,~~248~~258.4509 Unscheduled Principal 1,~~635~~753,~~363~~870.8621 5645,~~925~~987.6858 ~~574~~1,~~715~~321.8918 Scheduled Interest ~~474~~466,~~349~~093.6693 260,~~606~~509.6371 ~~143~~139,~~136~~896.5956 Servicing Fees 20,~~730~~387.8041 11,~~036~~032.3421 5,~~773~~652.2099 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~414~~407.6275 220.7364 ~~115~~113.4606 Pool Insurance Fee 0.00 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 0.00 Net Interest ~~453~~445,~~204~~298.2477 249,~~349~~256.5686 ~~137~~134,~~247~~130.9351 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~465349~~460463 5.~~648375~~648387 5.~~943326~~931835

Group Level Collateral Statement Group 7 Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 45.~~604905~~086038 5.~~583720~~644644 Weighted Average Net Rate 4.~~229905~~711038 5.~~315520~~376588 Weighted Average Maturity ~~358~~357.00 ~~358~~357.00 Record Date 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~490~~476,~~090~~083.0807 5,~~192~~090,~~255~~211.0157 Beginning Loan Count ~~408~~398 3,~~523~~464 Loans Paid In Full 104 59 Ending Loan Count ~~398~~394 3,~~464~~405 Beginning Scheduled Balance ~~146~~142,~~348~~531,~~265~~323.4906 1,~~101~~080,~~825~~926,~~306~~773.0987 Ending Scheduled Balance ~~142~~141,~~531~~631,~~323~~426.0640 1,~~080~~062,~~926~~208,~~773~~500.8784 Scheduled Principal (71128,~~509~~016.7674) 655,~~352~~672.0693 Unscheduled Principal 31,~~888~~027,~~452~~913.1940 2018,~~833~~712,~~180~~600.1610 Scheduled Interest ~~561~~604,~~599~~099.8481 5,~~126~~084,~~902~~538.9564 Servicing Fee 4544,~~733~~541.8304 ~~246~~241,~~257~~457.6121 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~407~~391.7287 5,~~388~~301.8785 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~514~~558,~~458~~166.2990 4,~~875~~837,~~256~~779.4758 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 98,~~192~~830.6980 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.~~218362~~699320 5.~~309651~~370702

Filing Compare · STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST SERIES 2005-7