8-K 1 mam05002_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 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-62 Pooling and Servicing Agreement) (Commission 54-2167983 (State or other File Number) 54-2167984 jurisdiction 54-2168120 of Incorporation) 54-6654308 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 MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through Certificates, Series 2005-2 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 2005-2 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-2 Trust, relating to the June 27, 2005 distribution. EX-99.1

MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Record Date: 45/2931/2005 Distribution Date: 56/2527/2005 MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Series 2005-2 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-A-1 576433XU5 SEN 5.~~68607~~69009% 3533,~~315~~336,~~582~~578.9299 ~~167~~158,~~339~~073.0735 ~~1,979,003.94~~ 2-A-1 576433XV3 SEN 5.~~18524~~17923% 48,~~868~~281,~~709~~671.3616 ~~211~~208,~~163~~384.2268 ~~587,038.21~~ 3-A-1 576433XV1 SEN 4.~~86469~~86747% ~~173~~169,~~858~~792,~~343~~408.6462 ~~704~~688,~~805~~715.2595 4~~,065,935.02 4~~-A-1 576433XX9 SEN 5.~~25172~~24764% 9290,~~975~~299,~~210~~636.1992 ~~406~~394,~~899~~883.6532 ~~2,675,573.27~~ 5-A-1 576433XY7 SEN 4.~~64084~~64080% ~~125~~124,~~732~~850,~~894~~844.1183 ~~486~~482,~~255~~839.2247 ~~882,049.28~~ 6-A-1 576433XZ4 SEN 5.~~22692~~22695% 45,~~371~~357,~~888~~432.4648 197,~~629~~567.2249 ~~14,455.98~~ 7-A-1 576433YA8 SEN 5.~~21749~~21758% 94,~~155~~117,~~389~~550.2713 409,~~378~~221.7144 ~~37,839.14~~ 7-A-2 576433YB6 SEN 5.~~38539~~38548% 6,~~967~~964,~~781~~980.1998 31,~~270~~258.1613 ~~2,800.21~~ 7-A-X 576433YC4 IO 0.16790% 0.00 13,~~173~~168.9161 ~~0.00~~ A-LR 576433YD2 SEN 5.~~69009~~69875% 0.00 0.00 ~~0.00~~ A-UR 576433YE0 SEN 5.~~69009~~69875% 0.00 0.9583 ~~0.00~~ B-1 576433YF7 SUB 5.~~05739~~05734% 22,~~558~~554,~~104~~070.9027 95,~~070~~053.9407 ~~4,034.63~~ B-2 576433YG5 SUB 5.~~05739~~05734% 7,~~177~~176,~~487~~204.9622 30,~~249~~243.4677 ~~1,283.73~~ B-3 576433YH3 SUB 5.~~05739~~05734% 7,~~519~~518,~~368~~023.3042 31,~~690~~684.3136 ~~1,344.88~~ B-4 576433YJ9 SUB 5.~~05739~~05734% 5,~~809~~808,~~966~~927.5743 24,~~486~~481.0545 ~~1,039.14~~ B-5 576433YK6 SUB 5.~~05739~~05734% 4,~~443~~442,~~444~~650.8411 18,~~726~~723.8634 ~~794.73~~ B-6 576433YL4 SUB 5.~~05739~~05734% 3,~~076~~075,~~491~~940.0277 12,~~965~~963.8441 ~~550.25~~ P 576433YM2 P 0.00000% 0.01 ~~6,144.61~~ 0.00 Totals ~~673~~663,~~830~~576,~~662~~920.7434 2,~~847~~797,~~249~~262.~~43 10,253,742.41~~67

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A-1 1,285,926.51 0.00 3332,~~336~~050,~~578~~652.9947 21,~~146~~443,~~343~~999.0186 0.00 2-A-1 259,509.55 0.00 48,~~281~~022,~~671~~161.1661 ~~798~~467,~~201~~894.4323 0.00 3-A-1 2,545,774.59 0.00 ~~169~~167,~~792~~246,~~408~~634.6202 43,~~770~~234,~~740~~490.2754 0.00 4-A-1 2,946,354.89 0.00 9087,~~299~~353,~~636~~282.9203 3,~~082~~341,~~472~~238.9221 0.00 5-A-1 2,560,653.41 0.00 ~~124~~122,~~850~~290,~~844~~191.8342 13,~~368~~043,~~304~~492.5088 0.00 6-A-1 852,686.32 0.00 4544,~~357~~504,~~432~~746.4815 ~~212~~1,~~085~~050,253.2081 0.00 7-A-1 402,873.12 0.00 9493,~~117~~714,~~550~~677.1301 ~~447~~812,~~217~~094.8556 0.00 7-A-2 29,813.82 0.00 6,~~964~~935,~~980~~167.9816 3461,~~070~~071.3795 0.00 7-A-X 0.00 0.00 0.00 13,~~173~~168.9161 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.9500 0.83 0.00 B-1 4,048.63 0.00 22,~~554~~550,~~070~~021.2764 99,~~105~~101.5770 0.00 B-2 1,288.18 0.00 7,~~176~~174,~~204~~916.2204 31,~~533~~531.1995 0.00 B-3 1,349.54 0.00 7,~~518~~516,~~023~~673.4288 33,~~035~~033.1990 0.00 B-4 1,042.75 0.00 5,~~808~~807,~~927~~884.4368 25,~~525~~524.1920 0.00 B-5 797.49 0.00 4,~~442~~441,~~650~~852.1162 19,~~521~~520.5983 0.00 B-6 552.16 0.00 3,075,~~940~~388.7762 13,~~516~~515.0957 0.01 P 0.00 0.00 0.01 ~~6,144~~0.6100 0.00 Totals 10,892,670.96 0.00 ~~663~~652,~~576~~684,~~920~~249.3436 13,~~100~~689,~~991~~933.8463 0.01 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-A-1 35,530,000.00 3533,~~315~~336,~~582~~578.9299 1312,~~456~~630.4777 1,~~965~~273,~~547~~295.4774 0.00 0.00 2-A-1 48,926,000.00 48,~~868~~281,~~709~~671.3616 2,~~935~~743.2390 ~~584~~256,~~102~~765.9865 0.00 0.00 3-A-1 178,299,000.00 ~~173~~169,~~858~~792,~~343~~408.6462 20,~~997~~578.9481 42,~~044~~525,~~937~~195.0878 0.00 0.00 4-A-1 93,235,000.00 9290,~~975~~299,~~210~~636.1992 43,~~210~~899.6720 2,~~671~~942,~~362~~455.6069 0.00 0.00 5-A-1 128,960,000.00 ~~125~~124,~~732~~850,~~894~~844.1183 38,~~204~~484.9850 ~~843~~2,~~844~~522,168.3091 0.00 0.00 6-A-1 45,845,000.00 45,~~371~~357,~~888~~432.4648 6,~~759~~805.8106 7845,~~696~~881.1726 0.00 0.00 7-A-1 95,361,000.00 94,~~155~~117,~~389~~550.2713 2223,~~999~~139.8088 14379,~~839~~733.3324 0.00 0.00 7-A-2 7,057,000.00 6,~~967~~964,~~781~~980.1998 1,~~702~~712.0542 128,~~098~~101.1640 0.00 0.00 7-A-X 0.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 22,566,000.00 22,~~558~~554,~~104~~070.9027 4,~~034~~048.63 0.00 0.00 0.00 B-2 7,180,000.00 7,~~177~~176,~~487~~204.9622 1,~~283~~288.7318 0.00 0.00 0.00 B-3 7,522,000.00 7,~~519~~518,~~368~~023.3042 1,~~344~~349.8854 0.00 0.00 0.00 B-4 5,812,000.00 5,~~809~~808,~~966~~927.5743 1,~~039~~042.1475 0.00 0.00 0.00 B-5 4,445,000.00 4,~~443~~442,~~444~~650.8411 ~~794~~797.7349 0.00 0.00 0.00 B-6 3,077,567.77 3,~~076~~075,~~491~~940.0277 ~~550~~552.2516 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 Totals 683,815,667.78 ~~673~~663,~~830~~576,~~662~~920.7434 ~~120~~119,~~314~~073.3129 10,~~133~~773,~~428~~597.0967 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-A-1 1,~~979~~285,~~003~~926.9451 3332,~~336~~050,~~578~~652.9947 0.~~93826566~~90207297 1,~~979~~285,~~003~~926.9451 2-A-1 ~~587~~259,~~038~~509.2155 48,~~281~~022,~~671~~161.1661 0.~~98683054~~98152642 ~~587~~259,~~038~~509.2155 3-A-1 42,~~065~~545,~~935~~774.0259 ~~169~~167,~~792~~246,~~408~~634.6202 0.~~95229030~~93801218 42,~~065~~545,~~935~~774.0259 4-A-1 2,~~675~~946,~~573~~354.2789 9087,~~299~~353,~~636~~282.9203 0.~~96851651~~93691513 2,~~675~~946,~~573~~354.2789 5-A-1 ~~882~~2,~~049~~560,653.2841 ~~124~~122,~~850~~290,~~844~~191.8342 0.~~96813620~~94828002 ~~882~~2,~~049~~560,653.2841 6-A-1 14852,~~455~~686.9832 4544,~~357~~504,~~432~~746.4815 0.~~98936487~~97076554 14852,~~455~~686.9832 7-A-1 37402,~~839~~873.1412 9493,~~117~~714,~~550~~677.1301 0.~~98696060~~98273589 37402,~~839~~873.1412 7-A-2 229,~~800~~813.2182 6,~~964~~935,~~980~~167.9816 0.~~98696060~~98273589 229,~~800~~813.2182 7-A-X 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 A-UR 0.00 0.00 0.00000000 0.00 B-1 4,~~034~~048.63 22,~~554~~550,~~070~~021.2764 0.~~99947134~~99929193 4,~~034~~048.63 B-2 1,~~283~~288.7318 7,~~176~~174,~~204~~916.2204 0.~~99947134~~99929193 1,~~283~~288.7318 B-3 1,~~344~~349.8854 7,~~518~~516,~~023~~673.4288 0.~~99947134~~99929193 1,~~344~~349.8854 B-4 1,~~039~~042.1475 5,~~808~~807,~~927~~884.4368 0.~~99947134~~99929193 1,~~039~~042.1475 B-5 ~~794~~797.7349 4,~~442~~441,~~650~~852.1162 0.~~99947134~~99929193 ~~794~~797.7349 B-6 ~~550~~552.2516 3,075,~~940~~388.7762 0.~~99947134~~99929192 ~~550~~552.2516 P 0.00 0.01 1.00000000 0.00 Totals 10,~~253~~892,~~742~~670.4196 ~~663~~652,~~576~~684,~~920~~249.3436 0.~~97040321~~95447396 10,~~253~~892,~~742~~670.4196

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 35,530,000.00 ~~993~~938.~~96518210~~26566254 0.~~37873543~~35549592 5535.~~32078441~~83720068 0.00000000 2-A-1 48,926,000.00 ~~998~~986.~~82903487~~83054327 0.~~05999326~~05608266 115.~~93849855~~24804092 0.00000000 3-A-1 178,299,000.00 ~~975~~952.~~09432829~~29030236 0.~~11776813~~11541742 2214.~~68625780~~16270299 0.00000000 4-A-1 93,235,000.00 ~~997~~968.~~21360208~~51651118 0.~~04516190~~04182120 2831.~~65192900~~55956122 0.00000000 5-A-1 128,960,000.00 ~~974~~968.~~97591587~~13620371 0.~~29625450~~29842199 619.~~54345766~~55776140 0.00000000 6-A-1 45,845,000.00 989.~~68019326~~36487032 0.~~14744923~~14843625 018.~~16787370~~45089454 0.00000000 7-A-1 95,361,000.00 ~~987~~986.~~35740261~~96060371 0.~~24118665~~24265559 03.~~15561215~~98206017 0.00000000 7-A-2 7,057,000.00 ~~987~~986.~~35740258~~96060366 0.~~24118606~~24265552 03.~~15561287~~98206037 0.00000000 7-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 22,566,000.00 999.~~65013294~~47134051 0.~~17879243~~17941283 0.00000000 0.00000000 B-2 7,180,000.00 999.~~65013370~~47133983 0.~~17879248~~17941226 0.00000000 0.00000000 B-3 7,522,000.00 999.~~65013294~~47134007 0.~~17879287~~17941239 0.00000000 0.00000000 B-4 5,812,000.00 999.~~65013248~~47134033 0.~~17879215~~17941328 0.00000000 0.00000000 B-5 4,445,000.00 999.~~65013273~~47134083 0.~~17879190~~17941282 0.00000000 0.00000000 B-6 3,077,567.77 999.~~65012956~~47133577 0.~~17879379~~17941441 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 5536.~~69951984~~19269659 ~~938~~902.~~26566254~~07296566 0.~~93826566~~90207297 5536.~~69951984~~19269659 2-A-1 0.00000000 115.~~99849180~~30412357 ~~986~~981.~~83054327~~52641970 0.~~98683054~~98152642 115.~~99849180~~30412357 3-A-1 0.00000000 2214.~~80402593~~27812040 ~~952~~938.~~29030236~~01218190 0.~~95229030~~93801218 2214.~~80402593~~27812040 4-A-1 0.00000000 2831.~~69709090~~60138242 ~~968~~936.~~51651118~~91512876 0.~~96851651~~93691513 2831.~~69709090~~60138242 5-A-1 0.00000000 619.~~83971216~~85618339 ~~968~~948.~~13620371~~28002032 0.~~96813620~~94828002 619.~~83971216~~85618339 6-A-1 0.00000000 018.~~31532294~~59933079 ~~989~~970.~~36487032~~76553932 0.~~98936487~~97076554 018.~~31532294~~59933079 7-A-1 0.00000000 04.~~39679890~~22471576 ~~986~~982.~~96060371~~73588794 0.~~98696060~~98273589 04.~~39679890~~22471576 7-A-2 0.00000000 04.~~39679892~~22471588 ~~986~~982.~~96060366~~73588777 0.~~98696060~~98273589 04.~~39679892~~22471588 7-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~17879243~~17941283 999.~~47134051~~29192768 0.~~99947134~~99929193 0.~~17879243~~17941283 B-2 0.00000000 0.~~17879248~~17941226 999.~~47133983~~29192758 0.~~99947134~~99929193 0.~~17879248~~17941226 B-3 0.00000000 0.~~17879287~~17941239 999.~~47134007~~29192768 0.~~99947134~~99929193 0.~~17879287~~17941239 B-4 0.00000000 0.~~17879215~~17941328 999.~~47134033~~29192705 0.~~99947134~~99929193 0.~~17879215~~17941328 B-5 0.00000000 0.~~17879190~~17941282 999.~~47134083~~29192801 0.~~99947134~~99929193 0.~~17879190~~17941282 B-6 0.00000000 0.~~17879379~~17941441 999.~~47133577~~29192461 0.~~99947134~~99929192 0.~~17879379~~17941441 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-A-1 35,530,000.00 5.~~68607~~69009% 3533,~~315~~336,~~582~~578.9299 ~~167~~158,~~339~~073.0735 0.00 0.00 2-A-1 48,926,000.00 5.~~18524~~17923% 48,~~868~~281,~~709~~671.3616 ~~211~~208,~~163~~384.2268 0.00 0.00 3-A-1 178,299,000.00 4.~~86469~~86747% ~~173~~169,~~858~~792,~~343~~408.6462 ~~704~~688,~~805~~715.2595 0.00 0.00 4-A-1 93,235,000.00 5.~~25172~~24764% 9290,~~975~~299,~~210~~636.1992 ~~406~~394,~~899~~883.6532 0.00 0.00 5-A-1 128,960,000.00 4.~~64084~~64080% ~~125~~124,~~732~~850,~~894~~844.1183 ~~486~~482,~~255~~839.2247 0.00 0.00 6-A-1 45,845,000.00 5.~~22692~~22695% 45,~~371~~357,~~888~~432.4648 197,~~629~~567.2249 0.00 0.00 7-A-1 95,361,000.00 5.~~21749~~21758% 94,~~155~~117,~~389~~550.2713 409,~~378~~221.7144 0.00 0.00 7-A-2 7,057,000.00 5.~~38539~~38548% 6,~~967~~964,~~781~~980.1998 31,~~270~~258.1613 0.00 0.00 7-A-X 0.00 0.16790% 94,~~155~~117,~~389~~550.2713 13,~~173~~168.9161 0.00 0.00 A-LR 50.00 5.~~69009~~69875% 0.00 0.00 0.00 0.00 A-UR 50.00 5.~~69009~~69875% 0.00 0.00 0.00 0.00 B-1 22,566,000.00 5.~~05739~~05734% 22,~~558~~554,~~104~~070.9027 95,~~070~~053.9407 0.00 0.00 B-2 7,180,000.00 5.~~05739~~05734% 7,~~177~~176,~~487~~204.9622 30,~~249~~243.4677 0.00 0.00 B-3 7,522,000.00 5.~~05739~~05734% 7,~~519~~518,~~368~~023.3042 31,~~690~~684.3136 0.00 0.00 B-4 5,812,000.00 5.~~05739~~05734% 5,~~809~~808,~~966~~927.5743 24,~~486~~481.0545 0.00 0.00 B-5 4,445,000.00 5.~~05739~~05734% 4,~~443~~442,~~444~~650.8411 18,~~726~~723.8634 0.00 0.00 B-6 3,077,567.77 5.~~05739~~05734% 3,~~076~~075,~~491~~940.0277 12,~~965~~963.8441 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 Totals 683,815,667.78 2,~~841~~797,~~103~~261.8784 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-A-1 0.00 0.00 ~~167~~158,~~339~~073.0735 0.00 3332,~~336~~050,~~578~~652.9947 2-A-1 0.00 0.00 ~~211~~208,~~163~~384.2268 0.00 48,~~281~~022,~~671~~161.1661 3-A-1 0.00 0.00 ~~704~~688,~~805~~715.2595 0.00 ~~169~~167,~~792~~246,~~408~~634.6202 4-A-1 0.00 0.00 ~~406~~394,~~899~~883.6532 0.00 9087,~~299~~353,~~636~~282.9203 5-A-1 0.00 0.00 ~~486~~482,~~255~~839.2247 0.00 ~~124~~122,~~850~~290,~~844~~191.8342 6-A-1 0.00 0.00 197,~~629~~567.2249 0.00 4544,~~357~~504,~~432~~746.4815 7-A-1 0.00 0.00 409,~~378~~221.7144 0.00 9493,~~117~~714,~~550~~677.1301 7-A-2 0.00 0.00 31,~~270~~258.1613 0.00 6,~~964~~935,~~980~~167.9816 7-A-X 0.00 0.00 13,~~173~~168.9161 0.00 9493,~~117~~714,~~550~~677.1301 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.9583 0.00 0.00 B-1 0.00 0.00 95,~~070~~053.9407 0.00 22,~~554~~550,~~070~~021.2764 B-2 0.00 0.00 30,~~249~~243.4677 0.00 7,~~176~~174,~~204~~916.2204 B-3 0.00 0.00 31,~~690~~684.3136 0.00 7,~~518~~516,~~023~~673.4288 B-4 0.00 0.00 24,~~486~~481.0545 0.00 5,~~808~~807,~~927~~884.4368 B-5 0.00 0.00 18,~~726~~723.8634 0.00 4,~~442~~441,~~650~~852.1162 B-6 0.00 0.00 12,~~965~~963.8441 0.00 3,075,~~940~~388.7762 P 0.00 0.00 ~~6,144~~0.6100 0.00 0.01 Totals 0.00 0.00 2,~~847~~797,~~249~~262.4367 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-A-1 35,530,000.00 5.~~68607~~69009% ~~993~~938.~~96518210~~26566254 4.~~70979651~~44901070 0.00000000 0.00000000 2-A-1 48,926,000.00 5.~~18524~~17923% ~~998~~986.~~82903487~~83054327 4.~~31597147~~25918080 0.00000000 0.00000000 3-A-1 178,299,000.00 4.~~86469~~86747% ~~975~~952.~~09432829~~29030236 3.~~95294001~~86270226 0.00000000 0.00000000 4-A-1 93,235,000.00 5.~~25172~~24764% ~~997~~968.~~21360208~~51651118 4.~~36423714~~23535496 0.00000000 0.00000000 5-A-1 128,960,000.00 4.~~64084~~64080% ~~974~~968.~~97591587~~13620371 3.~~77058949~~74410259 0.00000000 0.00000000 6-A-1 45,845,000.00 5.~~22692~~22695% 989.~~68019326~~36487032 4.~~31081296~~30946646 0.00000000 0.00000000 7-A-1 95,361,000.00 5.~~21749~~21758% ~~987~~986.~~35740261~~96060371 4.~~29293642~~29128721 0.00000000 0.00000000 7-A-2 7,057,000.00 5.~~38539~~38548% ~~987~~986.~~35740258~~96060366 4.~~43108403~~42937934 0.00000000 0.00000000 7-A-X 0.00 0.16790% ~~987~~986.~~35740261~~96060371 0.~~13814778~~13809220 0.00000000 0.00000000 A-LR 50.00 5.~~69009~~69875% 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 5.~~69009~~69875% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 22,566,000.00 5.~~05739~~05734% 999.~~65013294~~47134051 4.~~21301693~~21222503 0.00000000 0.00000000 B-2 7,180,000.00 5.~~05739~~05734% 999.~~65013370~~47133983 4.~~21301671~~21222423 0.00000000 0.00000000 B-3 7,522,000.00 5.~~05739~~05734% 999.~~65013294~~47134007 4.~~21301648~~21222547 0.00000000 0.00000000 B-4 5,812,000.00 5.~~05739~~05734% 999.~~65013248~~47134033 4.~~21301617~~21222471 0.00000000 0.00000000 B-5 4,445,000.00 5.~~05739~~05734% 999.~~65013273~~47134083 4.~~21301687~~21222497 0.00000000 0.00000000 B-6 3,077,567.77 5.~~05739~~05734% 999.~~65012956~~47133577 4.~~21301527~~21222568 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination

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-A-1 0.00000000 0.00000000 4.~~70979651~~44901070 0.00000000 ~~938~~902.~~26566254~~07296566 2-A-1 0.00000000 0.00000000 4.~~31597147~~25918080 0.00000000 ~~986~~981.~~83054327~~52641970 3-A-1 0.00000000 0.00000000 3.~~95294001~~86270226 0.00000000 ~~952~~938.~~29030236~~01218190 4-A-1 0.00000000 0.00000000 4.~~36423714~~23535496 0.00000000 ~~968~~936.~~51651118~~91512876 5-A-1 0.00000000 0.00000000 3.~~77058949~~74410259 0.00000000 ~~968~~948.~~13620371~~28002032 6-A-1 0.00000000 0.00000000 4.~~31081296~~30946646 0.00000000 ~~989~~970.~~36487032~~76553932 7-A-1 0.00000000 0.00000000 4.~~29293642~~29128721 0.00000000 ~~986~~982.~~96060371~~73588794 7-A-2 0.00000000 0.00000000 4.~~43108403~~42937934 0.00000000 ~~986~~982.~~96060366~~73588777 7-A-X 0.00000000 0.00000000 0.~~13814778~~13809220 0.00000000 ~~986~~982.~~96060371~~73588794 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 0.00000000 1916.~~00000000~~60000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~21301693~~21222503 0.00000000 999.~~47134051~~29192768 B-2 0.00000000 0.00000000 4.~~21301671~~21222423 0.00000000 999.~~47133983~~29192758 B-3 0.00000000 0.00000000 4.~~21301648~~21222547 0.00000000 999.~~47134007~~29192768 B-4 0.00000000 0.00000000 4.~~21301617~~21222471 0.00000000 999.~~47134033~~29192705 B-5 0.00000000 0.00000000 4.~~21301687~~21222497 0.00000000 999.~~47134083~~29192801 B-6 0.00000000 0.00000000 4.~~21301527~~21222568 0.00000000 999.~~47133577~~29192461 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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 13,~~231~~811,~~162~~829.5561 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 4557,~~965~~631.7815 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~6,144~~0.6100 Total Deposits 13,~~283~~869,~~272~~460.9476 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~182~~179,~~281~~527.1013 Payment of Interest and Principal 13,~~100~~689,~~991~~933.8463 Total Withdrawals (Pool Distribution Amount) 13,~~283~~869,~~272~~460.9476 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~181~~178,~~418~~666.4386 LPMI ~~862~~860.6727 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~182~~179,~~281~~527.1013

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2937 0 0 0 2937 89,~~457~~436,~~377~~774.3927 0.00 0.00 0.00 89,~~457~~436,~~377~~774.3927 60 Days 4 0 0 0 4 1,~~656~~151,~~645~~763.6411 0.00 0.00 0.00 1,~~656~~151,~~645~~763.6411 90 Days 02 0 0 0 02 01,178,000.00 0.00 0.00 0.00 01,178,000.00 120 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 3343 0 0 0 3343 1011,~~114~~766,~~023~~537.0338 0.00 0.00 0.00 1011,~~114~~766,~~023~~537.0338 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~455093~~888719% 0.000000% 0.000000% 0.000000% 1.~~455093~~888719% 1.~~274331~~445621% 0.000000% 0.000000% 0.000000% 1.~~274331~~445621% 60 Days 0.~~200702~~204186% 0.000000% 0.000000% 0.000000% 0.~~200702~~204186% 0.~~249618~~176439% 0.000000% 0.000000% 0.000000% 0.~~249618~~176439% 90 Days 0.~~000000~~102093% 0.000000% 0.000000% 0.000000% 0.~~000000~~102093% 0.~~000000~~180458% 0.000000% 0.000000% 0.000000% 0.~~000000~~180458% 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 12.~~655795~~194997% 0.000000% 0.000000% 0.000000% 12.~~655795~~194997% 1.~~523950~~802517% 0.000000% 0.000000% 0.000000% 1.~~523950~~802517%

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 614 0 0 0 614 23,~~355~~654,~~135~~688.2238 0.00 0.00 0.00 23,~~355~~654,~~135~~688.2238 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 614 0 0 0 614 23,~~355~~654,~~135~~688.2238 0.00 0.00 0.00 23,~~355~~654,~~135~~688.2238 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 411.~~615385~~023622% 0.000000% 0.000000% 0.000000% 411.~~615385~~023622% 610.~~508638~~472263% 0.000000% 0.000000% 0.000000% 610.~~508638~~472263% 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 411.~~615385~~023622% 0.000000% 0.000000% 0.000000% 411.~~615385~~023622% 610.~~508638~~472263% 0.000000% 0.000000% 0.000000% 610.~~508638~~472263% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0387,600.00 0.00 0.00 0.00 0387,600.00 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 0387,600.00 0.00 0.00 0.00 0387,600.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~540541% 0.000000% 0.000000% 0.000000% 0.~~000000~~540541% 0.~~000000~~746338% 0.000000% 0.000000% 0.000000% 0.~~000000~~746338% 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 0.~~000000~~540541% 0.000000% 0.000000% 0.000000% 0.~~000000~~540541% 0.~~000000~~746338% 0.000000% 0.000000% 0.000000% 0.~~000000~~746338% 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 74 0 0 0 74 21,~~492~~874,~~793~~741.3395 0.00 0.00 0.00 21,~~492~~874,~~793~~741.3395 60 Days 12 0 0 0 12 ~~259~~833,~~949~~763.5212 0.00 0.00 0.00 ~~259~~833,~~949~~763.5212 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 86 0 0 0 86 2,~~752~~708,~~742~~505.8507 0.00 0.00 0.00 2,~~752~~708,~~742~~505.8507 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~422764~~826446% 0.000000% 0.000000% 0.000000% 10.~~422764~~826446% 1.~~354372~~032867% 0.000000% 0.000000% 0.000000% 1.~~354372~~032867% 60 Days 0.~~203252~~413223% 0.000000% 0.000000% 0.000000% 0.~~203252~~413223% 0.~~141234~~459352% 0.000000% 0.000000% 0.000000% 0.~~141234~~459352% 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 1.~~626016~~239669% 0.000000% 0.000000% 0.000000% 1.~~626016~~239669% 1.~~495606~~492220% 0.000000% 0.000000% 0.000000% 1.~~495606~~492220% 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 86 0 0 0 86 1,~~490~~343,~~561~~949.2004 0.00 0.00 0.00 1,~~490~~343,~~561~~949.2004 60 Days 01 0 0 0 01 0133,999.0099 0.00 0.00 0.00 0133,999.0099 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 87 0 0 0 87 1,~~490~~477,~~561~~949.2003 0.00 0.00 0.00 1,~~490~~477,~~561~~949.2003 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.~~711864~~112676% 0.000000% 0.000000% 0.000000% 2.~~711864~~112676% 1.~~524844~~417594% 0.000000% 0.000000% 0.000000% 1.~~524844~~417594% 60 Days 0.~~000000~~352113% 0.000000% 0.000000% 0.000000% 0.~~000000~~352113% 0.~~000000~~141343% 0.000000% 0.000000% 0.000000% 0.~~000000~~141343% 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 2.~~711864~~464789% 0.000000% 0.000000% 0.000000% 2.~~711864~~464789% 1.~~524844~~558937% 0.000000% 0.000000% 0.000000% 1.~~524844~~558937% 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 43 0 0 0 43 1531,~~313,150~~600.0800 0.00 0.00 0.00 1531,~~313,150~~600.0800 60 Days 20 0 0 0 20 ~~868,696~~0.1200 0.00 0.00 0.00 ~~868,696~~0.1200 90 Days 01 0 0 0 01 0650,000.00 0.00 0.00 0.00 0650,000.00 120 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 64 0 0 0 64 21,181,~~846~~600.2000 0.00 0.00 0.00 21,181,~~846~~600.2000 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~152738~~877193% 0.000000% 0.000000% 0.000000% 10.~~152738~~877193% 0.~~971411~~400851% 0.000000% 0.000000% 0.000000% 0.~~971411~~400851% 60 Days 0.~~576369~~000000% 0.000000% 0.000000% 0.000000% 0.~~576369~~000000% 0.~~642623~~000000% 0.000000% 0.000000% 0.000000% 0.~~642623~~000000% 90 Days 0.~~000000~~292398% 0.000000% 0.000000% 0.000000% 0.~~000000~~292398% 0.~~000000~~490130% 0.000000% 0.000000% 0.000000% 0.~~000000~~490130% 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.~~729107~~169591% 0.000000% 0.000000% 0.000000% 1.~~729107~~169591% 10.~~614034~~890981% 0.000000% 0.000000% 0.000000% 10.~~614034~~890981% 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 2 0 0 0 2 512,506.02 0.00 0.00 0.00 512,506.02 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 2 0 0 0 2 512,506.02 0.00 0.00 0.00 512,506.02 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~418440~~438849% 0.000000% 0.000000% 0.000000% 1.~~418440~~438849% 1.~~045393~~063913% 0.000000% 0.000000% 0.000000% 1.~~045393~~063913% 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 1.~~418440~~438849% 0.000000% 0.000000% 0.000000% 1.~~418440~~438849% 1.~~045393~~063913% 0.000000% 0.000000% 0.000000% 1.~~045393~~063913% 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 27 0 0 0 27 ~~293~~1,~~231~~131,688.5488 0.00 0.00 0.00 ~~293~~1,~~231~~131,688.5488 60 Days 1 0 0 0 1 ~~528~~184,000.00 0.00 0.00 0.00 ~~528~~184,000.00 90 Days 01 0 0 0 01 0528,000.00 0.00 0.00 0.00 0528,000.00 120 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 39 0 0 0 39 ~~821~~1,~~231~~843,688.5488 0.00 0.00 0.00 ~~821~~1,~~231~~843,688.5488 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~498753~~758794% 0.000000% 0.000000% 0.000000% 01.~~498753~~758794% 01.~~268325~~039694% 0.000000% 0.000000% 0.000000% 01.~~268325~~039694% 60 Days 0.~~249377~~251256% 0.000000% 0.000000% 0.000000% 0.~~249377~~251256% 0.~~483152~~169043% 0.000000% 0.000000% 0.000000% 0.~~483152~~169043% 90 Days 0.~~000000~~251256% 0.000000% 0.000000% 0.000000% 0.~~000000~~251256% 0.~~000000~~485079% 0.000000% 0.000000% 0.000000% 0.~~000000~~485079% 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 02.~~748130~~261307% 0.000000% 0.000000% 0.000000% 02.~~748130~~261307% 01.~~751477~~693815% 0.000000% 0.000000% 0.000000% 01.~~751477~~693815%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4557,~~965~~631.7815

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 299,507.00 0.04379938% 299,507.00 0.~~04513523~~04588850% Fraud 20,514,470.00 3.00000000% 20,514,470.00 3.~~09149842~~14309255% Special Hazard 6,836,646.00 0.99977908% 6,836,646.00 1.~~03027182~~04746606% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~384235~~383170% Weighted Average Net Coupon 5.~~059617~~058516% Weighted Average Pass-Through Rate 5.~~059617~~058516% Weighted Average Maturity(Stepdown Calculation ) ~~357~~356 Beginning Scheduled Collateral Loan Count 21,~~020~~993 Number Of Loans Paid In Full 2734 Ending Scheduled Collateral Loan Count 1,~~993~~959 Beginning Scheduled Collateral Balance ~~673~~663,~~830~~576,~~662~~920.7434 Ending Scheduled Collateral Balance ~~663~~652,~~576~~684,~~920~~249.3437 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 ~~663~~652,~~671~~783,~~750~~648.1651 Monthly P &I Constant 3,~~143~~095,~~699~~862.8268 Special Servicing Fee 0.00 Prepayment Penalties ~~6,144~~0.6100 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~120~~119,~~314~~073.3130 Unscheduled Principal 10,~~133~~773,~~428~~597.0967

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.~~087807~~093205 5.~~472588~~465592 5.~~175601~~178451 Weighted Average Net Rate 5.~~713205~~718624 5.~~185240~~179226 4.~~864687~~867469 Weighted Average Maturity 354 355 ~~356~~355 ~~356~~ Beginning Loan Count ~~134~~130 ~~190~~187 ~~502~~492 Loans Paid In Full 4 3 102 8 Ending Loan Count ~~130~~127 ~~187~~185 ~~492~~484 Beginning Scheduled Balance 3836,~~152~~172,~~864~~779.9288 52,~~778~~191,~~470~~197.4642 ~~188~~184,~~103~~036,~~785~~130.5300 Ending ~~scheduled~~Scheduled Balance 3634,~~172~~885,~~779~~778.8877 5251,~~191~~931,~~197~~465.4269 ~~184~~181,~~036~~488,~~130~~629.0007 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~208~~197,~~093~~378.6284 ~~243~~240,~~865~~679.7326 ~~834~~816,~~010~~490.1615 Scheduled Principal 1413,~~537~~705.5737 32,~~170~~966.0608 22,~~718~~305.4515 Unscheduled Principal 1,~~965~~273,~~547~~295.4774 ~~584~~256,~~102~~765.9865 42,~~044~~525,~~937~~195.0878 Scheduled Interest ~~193~~183,~~556~~673.0547 ~~240~~237,~~695~~713.6718 ~~811~~794,~~291~~185.7100 Servicing Fees 11,~~910~~291.1035 12,~~638~~454.1686 4847,~~736~~693.6627 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 ~~862~~860.6727 0.00 0.00 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 ~~180~~171,~~783~~521.2885 ~~228~~225,~~057~~258.5132 ~~762~~746,~~555~~491.0573 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.~~686072~~690086 5.~~185240~~179226 4.~~864687~~867469

Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~518703~~514373 5.~~000850~~000740 5.~~587713~~587746 Weighted Average Net Rate 5.~~251718~~247641 4.~~640842~~640798 5.~~226917~~226949 Weighted Average Maturity ~~356~~ 355 ~~356~~354 355 Beginning Loan Count ~~303~~295 ~~349~~347 141 Loans Paid In Full 811 5 2 0 Ending Loan Count ~~295~~284 ~~347~~342 ~~141~~139 Beginning Scheduled Balance ~~100~~97,~~424~~748,~~879~~968.5590 ~~136~~135,~~032~~147,~~300~~122.8905 49,~~034~~019,~~959~~957.3461 Ending scheduled Balance 9794,~~748~~802,~~968~~292.9034 ~~135~~132,~~147~~583,~~122~~294.0588 4948,~~019~~166,~~957~~721.6179 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant ~~466~~453,~~393~~407.9574 ~~608~~604,~~232~~854.1558 235,~~633~~613.2978 Scheduled Principal 4,~~548~~220.0587 41,~~334~~658.5426 7,~~305~~354.56 Unscheduled Principal 2,~~671~~942,~~362~~455.6069 ~~843~~2,~~844~~522,168.3091 7845,~~696~~881.1726 Scheduled Interest ~~461~~449,~~845~~186.9087 ~~566~~563,~~897~~196.6132 228,~~327~~259.7322 Servicing Fees 2221,~~343~~727.2730 40,~~810~~537.6459 14,~~743~~738.0252 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 0.00 0.00 0.00 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 ~~439~~427,~~502~~459.6357 ~~526~~522,~~086~~658.9773 213,~~584~~520.7170 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.~~251718~~247641 4.~~640842~~640798 5.~~226917~~226949

Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~717343~~717426 5.~~384235~~383170 Weighted Average Net Rate 5.~~385387~~385480 5.~~059617~~058516 Weighted Average Maturity ~~356~~355.00 ~~357~~356.00 Record Date 0405/2931/2005 0405/2931/2005 Principal And Interest Constant 547,~~470~~438.9233 3,~~143~~095,~~699~~862.8268 Beginning Loan Count 401 21,~~020~~993 Loans Paid In Full 03 2734 Ending Loan Count ~~401~~398 1,~~993~~959 Beginning Scheduled Balance 109,~~303~~260,~~402~~764.0548 ~~673~~663,~~830~~576,~~662~~920.7434 Ending Scheduled Balance ~~109~~108,~~260~~826,~~764~~066.4883 ~~663~~652,~~576~~684,~~920~~249.3437 Scheduled Principal 26,~~700~~863.0801 ~~120~~119,~~314~~073.3130 Unscheduled Principal 15407,~~937~~834.4964 10,~~133~~773,~~428~~597.0967 Scheduled Interest 520,~~770~~575.8432 32,~~023~~976,~~385~~789.5138 Servicing Fee 30,~~236~~223.5897 ~~181~~178,~~418~~666.4386 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 0.00 ~~862~~860.6727 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 490,~~534~~351.2635 2,~~841~~797,~~104~~262.4125 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 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~385387~~385480 5.~~059617~~058516

Miscellaneous Reporting Group 1 Senior % 92.~~563384~~159295% Senior Prepayment % 100.000000% Subordinate % 7.~~436616~~840705% Group 2 Senior % 92.~~592129~~509223% Senior Prepayment % 100.000000% Subordinate % 7.~~407871~~490777% Group 3 Senior % 92.~~426818~~260367% Senior Prepayment % 100.000000% Subordinate % 7.~~573182~~739633%

Miscellaneous Reporting Group 4 Senior % 92.~~581849~~379120% Senior Prepayment % 100.000000% Subordinate % 7.~~418151~~620880% Group 5 Senior % 92.~~428705~~381431% Senior Prepayment % 100.000000% Subordinate % 7.~~571295~~618569% Group 6 Senior % 92.~~529675~~528502% Senior Prepayment % 100.000000% Subordinate % 7.~~470325~~471498%

Miscellaneous Reporting Group 7 Senior % 92.~~516032~~514940% Senior Prepayment % 100.000000% Subordinate % 7.~~483968~~485060%

Filing Compare · MASTR Adjustable Rate Mortgages 2005-2