8-K 1 srm05001_10507.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): July 25, 2005 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115858-40 Pooling and Servicing Agreement) (Commission 54-2168039 (State or other File Number) 54-2168040 jurisdiction 54-2168041 of Incorporation) 54-6651111 54-6654294 54-6654295 54-6654296 54-6654297 54-6654298 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 July 25, 2005 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-1 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 2005-1 Trust, relating to the July 25, 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 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/1/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the July 25, 2005 distribution. EX-99.1

Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 56/3130/2005 Distribution Date: 67/2725/2005 Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series SARM 2005-1 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 Class CUSIP Description Rate Balance Distribution 1-A1 863579KY3 SEN 5.~~15389~~14784% ~~415~~408,~~571~~365,~~050~~847.3676 1,~~784~~751,~~839~~834.9675 1-A2 863579KZ0 SEN 5.~~15389~~14784% 15,~~476~~208,~~915~~575.5157 6665,~~471~~242.9575 2-A 863579LA4 SEN 5.~~28593~~28426% ~~170~~169,~~747~~286,~~014~~643.8722 ~~752~~745,~~131~~461.2193 3-A 863579LB2 SEN 4.50000% 9087,~~604~~554,~~778~~348.7766 ~~339~~328,~~767~~328.9281 3-AX 863579MF2 SEN 4.50000% 0.00 6763,~~974~~568.6753 4-A1 863579LC0 SEN 5.~~29581~~29321% 9291,~~550~~778,~~364~~192.0218 ~~408~~404,~~440~~834.8426 4-A2 863579LD8 SEN 5.~~29581~~29321% 5,~~258~~214,~~220~~349.1343 23,~~205~~000.4453 5-A1 863579LE6 SEN 5.~~27359~~27083% ~~365~~357,~~069~~477,~~587~~105.0254 1,~~604~~570,~~355~~168.8338 5-A2 863579LF3 SEN 5.~~27359~~27083% 30,~~988~~343,~~172~~700.75 ~~136~~133,~~182~~280.4148 6-A 863579LG1 SEN 5.~~37945~~37480% 64,~~954~~111,~~966~~242.5822 ~~291~~287,~~185~~154.1518 B-1 863579LH9 SUB 3.~~54000~~76438% 15,~~722~~720,~~956~~982.1172 5146,~~020~~028.9970 B1X 863579LJ5 SUB 0.~~39691~~86927% 0.00 510,~~720~~628.6293 B2 863579LK2 SUB 3.~~56000~~78438% 13,~~577~~575,~~053~~349.9690 4439,~~306~~957.4578 B2X 863579LL0 SUB 0.~~37691~~84927% 0.00 48,~~690~~967.9510 B3 863579LM8 SUB 3.~~61000~~83438% 8,~~574~~573,~~613~~537.2101 2825,~~374~~568.82 B3X 863579LN6 SUB 1.~~16328~~78498% 0.00 911,~~143~~902.4482 B4 863579LP1 SUB 3.~~67000~~89438% 15,~~006~~004,~~322~~439.7429 5045,~~483~~447.7788 B4X 863579LQ9 SUB 1.~~10328~~72498% 0.00 1520,~~176~~130.4876 B5 863579LR7 SUB 34.~~87000~~09438% 5,~~715~~714,~~076~~358.1686 2018,~~274~~197.2348 B5X 863579LS5 SUB 01.~~90328~~52498% 0.00 46,~~732~~777.1179 B6 863579LT3 SUB 5.~~25061~~24474% 8,~~574~~573,~~613~~537.2101 37,~~518~~471.2764 B7 863579LU0 SUB 4.~~49000~~71438% 1,426,~~270~~091.3231 5,~~870~~229.2911 B7X 863579LV8 SUB 0.~~28328~~90498% 0.00 ~~370~~1,003.3679 B8 863579LW6 SUB 5.~~25061~~24474% 4,284,~~807~~270.8910 18,~~748~~724.2090 B9 863579LY2 SUB 5.~~25061~~24474% 3,~~570~~569,~~173~~725.4940 15,~~621~~601.3190 B10 863579LZ9 SUB 67.~~84000~~06438% 1,426,~~270~~091.3231 87,~~687~~835.2068 B10X 863579LX4 SUB 0.~~00000~~76043% 0.00 0843.0046 B11 863579MB1 SUB 8.~~09000~~31438% 7,~~144~~143,~~344~~448.9425 5146,~~276~~194.9182 B11X 863579ME5 SUB 0.~~00000~~90725% 0.00 05,040.0072 B12 863579MC9 SUB 5.~~25061~~24474% 6,~~429~~428,~~710~~903.55 28,~~133~~098.2327 B13 863579MD7 SUB 5.~~25061~~24474% 4,~~332~~331,~~142~~598.1441 18,~~955~~931.3175 R 863579MA3 RES 5.~~14764~~14561% 0.00 0.00 CX SRM0501CX RES 0.00000% 0.01 0.00 P SRM05001P SEN 0.00000% 0.01 7727,~~711~~744.2363 Totals 1,~~347~~325,~~005~~112,~~425~~338.0747 5,~~971~~819,~~371~~203.5533

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A1 7,~~205~~511,~~202~~547.6006 0.00 ~~408~~400,~~365~~854,~~847~~300.7670 89,~~990~~263,~~042~~381.5681 0.00 1-A2 ~~268~~279,~~339~~748.9498 0.00 1514,~~208~~928,~~575~~826.5758 ~~334~~344,~~811~~991.8973 0.00 2-A 1,~~460~~981,~~371~~965.6554 0.00 ~~169~~167,~~286~~304,~~643~~677.2268 2,~~212~~727,~~502~~427.8647 0.00 3-A 3931,~~050,430~~804.1123 0.00 8786,~~554~~622,~~348~~544.6643 31,~~390~~260,~~198~~133.0304 0.00 3-AX 0.00 0.00 0.00 6763,~~974~~568.6753 0.00 4-A1 ~~772~~1,~~171~~816,122.8428 0.00 9189,~~778~~962,~~192~~069.1890 12,~~180~~220,~~612~~956.6854 0.00 4-A2 43103,~~870~~182.7042 0.00 5,~~214~~111,~~349~~167.4301 67126,~~076~~182.1495 0.00 5-A1 78,~~592~~589,~~481~~376.4849 0.00 ~~357~~348,~~477~~887,~~105~~729.5405 910,~~196~~159,~~837~~544.3187 0.00 5-A2 ~~644~~729,~~472~~091.0036 0.00 3029,~~343~~614,~~700~~609.7539 ~~780~~862,~~654~~371.4184 0.00 6-A ~~843~~1,~~724~~334,728.3660 0.00 6462,~~111~~776,~~242~~513.2262 1,~~134~~621,~~909~~882.5178 0.00 B-1 1,~~973~~967.3907 0.00 15,~~720~~719,~~982~~015.7265 5247,~~994~~995.3877 0.00 B1X 0.00 0.00 0.00 510,~~720~~628.6293 0.00 B2 1,~~704~~698.0660 0.00 13,~~575~~573,~~349~~651.9030 4641,~~010~~656.5138 0.00 B2X 0.00 0.00 0.00 48,~~690~~967.9510 0.00 B3 1,~~076~~072.2075 0.00 8,~~573~~572,~~537~~464.0126 2926,~~451~~641.0257 0.00 B3X 0.00 0.00 0.00 911,~~143~~902.4482 0.00 B4 1,~~883~~877.4541 0.00 15,~~004~~002,~~439~~561.2988 5247,~~367~~325.2229 0.00 B4X 0.00 0.00 0.00 1520,~~176~~130.4876 0.00 B5 ~~717~~715.3000 0.00 5,~~714~~713,~~358~~643.8685 2018,~~991~~912.5348 0.00 B5X 0.00 0.00 0.00 46,~~732~~777.1179 0.00 B6 1,~~076~~072.2075 0.00 8,~~573~~572,~~537~~464.0126 38,~~594~~544.4739 0.00 B7 ~~179~~178.0144 0.00 1,~~426~~425,~~091~~912.3187 65,~~049~~407.3055 0.00 B7X 0.00 0.00 0.00 ~~370~~1,003.3679 0.00 B8 ~~537~~536.7906 0.00 4,~~284~~283,~~270~~734.1003 19,~~285~~260.9996 0.00 B9 ~~448~~446.0966 0.00 3,569,~~725~~278.4074 16,~~069~~048.4056 0.00 B10 ~~179~~178.0144 0.00 1,~~426~~425,~~091~~912.3187 8,~~866~~014.2112 0.00 B10X 0.00 0.00 0.00 0843.0046 0.00 B11 ~~896~~893.6982 0.00 7,~~143~~142,~~448~~554.2544 5247,~~173~~088.6064 0.00 B11X 0.00 0.00 0.00 05,040.0072 0.00 B12 ~~807~~804.0041 0.00 6,428,~~903~~099.5515 28,~~940~~902.2368 0.00 B13 ~~543~~541.7399 0.00 4,331,~~598~~056.4142 19,~~499~~473.0474 0.00 R 0.00 0.00 0.00 0.00 0.00 CX 0.00 0.00 0.01 0.00 0.00 P 0.00 0.00 0.01 7727,~~711~~744.2363 0.00 Totals 2123,~~893~~289,~~086~~550.6036 0.00 1,~~325~~301,~~112~~822,~~338~~788.4710 2729,~~864~~108,~~458~~753.1569 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 445,190,000.00 ~~415~~408,~~571~~365,~~050~~847.3676 4443,~~203~~173.1730 7,~~160~~468,~~999~~373.4376 0.00 0.00 1-A2 16,580,000.00 15,~~476~~208,~~915~~575.5157 1,~~646~~607.2488 ~~266~~278,~~693~~141.7010 0.00 0.00 2-A 179,101,000.00 ~~170~~169,~~747~~286,~~014~~643.8722 25,~~064~~049.3829 1,~~435~~956,~~307~~916.2725 0.00 0.00 3-A 103,218,000.00 9087,~~604~~554,~~778~~348.7766 8,~~660~~545.5301 3923,~~041,769~~259.5822 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 97,598,000.00 9291,~~550~~778,~~364~~192.0218 12,~~503~~563.1523 ~~759~~1,~~668~~803,559.6905 0.00 0.00 4-A2 5,545,000.00 5,~~258~~214,~~220~~349.1343 ~~710~~713.3678 43102,~~160~~468.3465 0.00 0.00 5-A1 387,899,000.00 ~~365~~357,~~069~~477,~~587~~105.0254 4341,~~241~~375.4042 78,~~549~~548,~~240~~001.07 0.00 0.00 5-A2 32,926,000.00 30,~~988~~343,~~172~~700.75 3,~~670~~512.4607 ~~640~~725,~~801~~579.5530 0.00 0.00 6-A 66,416,000.00 64,~~954~~111,~~966~~242.5822 18,~~037~~111.8772 ~~825~~1,~~686~~316,616.4988 0.00 0.00 B-1 15,731,000.00 15,~~722~~720,~~956~~982.1172 1,~~973~~967.3907 0.00 0.00 0.00 B1X 0.00 0.00 0.00 0.00 0.00 0.00 B2 13,584,000.00 13,~~577~~575,~~053~~349.9690 1,~~704~~698.0660 0.00 0.00 0.00 B2X 0.00 0.00 0.00 0.00 0.00 0.00 B3 8,579,000.00 8,~~574~~573,~~613~~537.2101 1,~~076~~072.2075 0.00 0.00 0.00 B3X 0.00 0.00 0.00 0.00 0.00 0.00 B4 15,014,000.00 15,~~006~~004,~~322~~439.7429 1,~~883~~877.4541 0.00 0.00 0.00 B4X 0.00 0.00 0.00 0.00 0.00 0.00 B5 5,718,000.00 5,~~715~~714,~~076~~358.1686 ~~717~~715.3000 0.00 0.00 0.00 B5X 0.00 0.00 0.00 0.00 0.00 0.00 B6 8,579,000.00 8,~~574~~573,~~613~~537.2101 1,~~076~~072.2075 0.00 0.00 0.00 B7 1,427,000.00 1,426,~~270~~091.3231 ~~179~~178.0144 0.00 0.00 0.00 B7X 0.00 0.00 0.00 0.00 0.00 0.00 B8 4,287,000.00 4,284,~~807~~270.8910 ~~537~~536.7906 0.00 0.00 0.00 B9 3,572,000.00 3,~~570~~569,~~173~~725.4940 ~~448~~446.0966 0.00 0.00 0.00 B10 1,427,000.00 1,426,~~270~~091.3231 ~~179~~178.0144 0.00 0.00 0.00 B10X 0.00 0.00 0.00 0.00 0.00 0.00 B11 7,148,000.00 7,~~144~~143,~~344~~448.9425 ~~896~~893.6982 0.00 0.00 0.00 B11X 0.00 0.00 0.00 0.00 0.00 0.00 B12 6,433,000.00 6,~~429~~428,~~710~~903.55 ~~807~~804.0041 0.00 0.00 0.00 B13 4,334,358.47 4,~~332~~331,~~142~~598.1441 ~~543~~541.7399 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 CX 0.01 0.01 0.00 0.00 0.00 0.00 Totals 1,430,306,458.48 1,~~347~~325,~~005~~112,~~425~~338.0646 ~~169~~166,~~759~~635.4810 2123,~~723~~122,~~327~~915.1228 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 7,~~205~~511,~~202~~547.6006 ~~408~~400,~~365~~854,~~847~~300.7670 0.~~91728441~~90041174 7,~~205~~511,~~202~~547.6006 1-A2 ~~268~~279,~~339~~748.9498 1514,~~208~~928,~~575~~826.5758 0.~~91728441~~90041174 ~~268~~279,~~339~~748.9498 2-A 1,~~460~~981,~~371~~965.6554 ~~169~~167,~~286~~304,~~643~~677.2268 0.~~94520211~~93413592 1,~~460~~981,~~371~~965.6554 3-A 3931,~~050,430~~804.1123 8786,~~554~~622,~~348~~544.6643 0.~~84824690~~83921937 3931,~~050,430~~804.1123 3-AX 0.00 0.00 0.00000000 0.00 4-A1 ~~772~~1,~~171~~816,122.8428 9189,~~778~~962,~~192~~069.1890 0.~~94036960~~92176141 ~~772~~1,~~171~~816,122.8428 4-A2 43103,~~870~~182.7042 5,~~214~~111,~~349~~167.4301 0.~~94036960~~92176141 43103,~~870~~182.7042 5-A1 78,~~592~~589,~~481~~376.4849 ~~357~~348,~~477~~887,~~105~~729.5405 0.~~92157264~~89942931 78,~~592~~589,~~481~~376.4849 5-A2 ~~644~~729,~~472~~091.0036 3029,~~343~~614,~~700~~609.7539 0.~~92157264~~89942931 ~~644~~729,~~472~~091.0036 6-A ~~843~~1,~~724~~334,728.3660 6462,~~111~~776,~~242~~513.2262 0.~~96529815~~94520166 ~~843~~1,~~724~~334,728.3660 B-1 1,~~973~~967.3907 15,~~720~~719,~~982~~015.7265 0.~~99936321~~99923817 1,~~973~~967.3907 B1X 0.00 0.00 0.00000000 0.00 B2 1,~~704~~698.0660 13,~~575~~573,~~349~~651.9030 0.~~99936321~~99923817 1,~~704~~698.0660 B2X 0.00 0.00 0.00000000 0.00 B3 1,~~076~~072.2075 8,~~573~~572,~~537~~464.0126 0.~~99936321~~99923817 1,~~076~~072.2075 B3X 0.00 0.00 0.00000000 0.00 B4 1,~~883~~877.4541 15,~~004~~002,~~439~~561.2988 0.~~99936321~~99923817 1,~~883~~877.4541 B4X 0.00 0.00 0.00000000 0.00 B5 ~~717~~715.3000 5,~~714~~713,~~358~~643.8685 0.~~99936321~~99923817 ~~717~~715.3000 B5X 0.00 0.00 0.00000000 0.00 B6 1,~~076~~072.2075 8,~~573~~572,~~537~~464.0126 0.~~99936321~~99923817 1,~~076~~072.2075 B7 ~~179~~178.0144 1,~~426~~425,~~091~~912.3187 0.~~99936322~~99923817 ~~179~~178.0144 B7X 0.00 0.00 0.00000000 0.00 B8 ~~537~~536.7906 4,~~284~~283,~~270~~734.1003 0.~~99936321~~99923817 ~~537~~536.7906 B9 ~~448~~446.0966 3,569,~~725~~278.4074 0.~~99936321~~99923817 ~~448~~446.0966 B10 ~~179~~178.0144 1,~~426~~425,~~091~~912.3187 0.~~99936322~~99923817 ~~179~~178.0144 B10X 0.00 0.00 0.00000000 0.00 B11 ~~896~~893.6982 7,~~143~~142,~~448~~554.2544 0.~~99936321~~99923817 ~~896~~893.6982 B11X 0.00 0.00 0.00000000 0.00 B12 ~~807~~804.0041 6,428,~~903~~099.5515 0.~~99936321~~99923817 ~~807~~804.0041 B13 ~~543~~541.7399 4,331,~~598~~056.4142 0.~~99936321~~99923817 ~~543~~541.7399 R 0.00 0.00 0.00000000 0.00 CX 0.00 0.01 1.00000000 0.00 Totals 2123,~~893~~289,~~086~~550.6036 1,~~325~~301,~~112~~822,~~338~~788.4609 0.~~92645344~~91017053 2123,~~893~~289,~~086~~550.6036

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 445,190,000.00 ~~933~~917.~~46896911~~28441286 0.~~09929057~~09697725 16.~~08526568~~77569972 0.00000000 1-A2 16,580,000.00 ~~933~~917.~~46896924~~28441315 0.~~09929071~~09697708 16.~~08526538~~77569964 0.00000000 2-A 179,101,000.00 ~~953~~945.~~35601069~~20211065 0.~~13994551~~13986125 810.~~01395453~~92632788 0.00000000 3-A 103,218,000.00 ~~877~~848.~~80017797~~24690132 0.~~08390523~~08278605 298.~~46937143~~94475014 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 97,598,000.00 ~~948~~940.~~28135843~~36959958 0.~~12810867~~12872426 718.~~78365018~~47946730 0.00000000 4-A2 5,545,000.00 ~~948~~940.~~28135798~~36959964 0.~~12810821~~12872498 718.~~78365014~~47946799 0.00000000 5-A1 387,899,000.00 ~~941~~921.~~14598651~~57264015 0.~~11147593~~10666545 1922.~~46187041~~03666694 0.00000000 5-A2 32,926,000.00 ~~941~~921.~~14598645~~57264016 0.~~11147604~~10666555 1922.~~46187056~~03666707 0.00000000 6-A 66,416,000.00 ~~978~~965.~~00178541~~29815436 0.~~27158923~~27270116 1219.~~43204183~~82379065 0.00000000 B-1 15,731,000.00 999.~~48865997~~36321404 0.~~12544593~~12504418 0.00000000 0.00000000 B1X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2 13,584,000.00 999.~~48866019~~36321408 0.~~12544611~~12504417 0.00000000 0.00000000 B2X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B3 8,579,000.00 999.~~48865952~~36321366 0.~~12544586~~12504371 0.00000000 0.00000000 B3X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B4 15,014,000.00 999.~~48865992~~36321367 0.~~12544625~~12504396 0.00000000 0.00000000 B4X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B5 5,718,000.00 999.~~48866037~~36321441 0.~~12544596~~12504372 0.00000000 0.00000000 B5X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B6 8,579,000.00 999.~~48865952~~36321366 0.~~12544586~~12504371 0.00000000 0.00000000 B7 1,427,000.00 999.~~48866153~~36321654 0.~~12544499~~12504555 0.00000000 0.00000000 B7X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B8 4,287,000.00 999.~~48866107~~36321437 0.~~12544670~~12504315 0.00000000 0.00000000 B9 3,572,000.00 999.~~48865901~~36321389 0.~~12544513~~12504479 0.00000000 0.00000000 B10 1,427,000.00 999.~~48866153~~36321654 0.~~12544499~~12504555 0.00000000 0.00000000 B10X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B11 7,148,000.00 999.~~48865976~~36321349 0.~~12544628~~12504477 0.00000000 0.00000000 B11X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B12 6,433,000.00 999.~~48866003~~36321312 0.~~12544691~~12504430 0.00000000 0.00000000 B13 4,334,358.47 999.~~48866020~~36321372 0.~~12544648~~12504503 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 CX 0.01 0.00000000 0.00000000 0.00000000 0.00000000 P 0.01 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 16.~~18455626~~87267697 ~~917~~900.~~28441286~~41173589 0.~~91728441~~90041174 16.~~18455626~~87267697 1-A2 0.00000000 16.~~18455609~~87267672 ~~917~~900.~~28441315~~41173583 0.~~91728441~~90041174 16.~~18455609~~87267672 2-A 0.00000000 811.~~15390003~~06618913 ~~945~~934.~~20211065~~13592152 0.~~94520211~~93413592 811.~~15390003~~06618913 3-A 0.00000000 299.~~55327666~~02753619 ~~848~~839.~~24690132~~21936513 0.~~84824690~~83921937 299.~~55327666~~02753619 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 718.~~91175885~~60819156 ~~940~~921.~~36959958~~76140802 0.~~94036960~~92176141 718.~~91175885~~60819156 4-A2 0.00000000 718.~~91175834~~60819116 ~~940~~921.~~36959964~~76140848 0.~~94036960~~92176141 718.~~91175834~~60819116 5-A1 0.00000000 1922.~~57334636~~14333239 ~~921~~899.~~57264015~~42930776 0.~~92157264~~89942931 1922.~~57334636~~14333239 5-A2 0.00000000 1922.~~57334629~~14333232 ~~921~~899.~~57264016~~42930784 0.~~92157264~~89942931 1922.~~57334629~~14333232 6-A 0.00000000 1220.~~70363105~~09649181 ~~965~~945.~~29815436~~20166255 0.~~96529815~~94520166 1220.~~70363105~~09649181 B-1 0.00000000 0.~~12544593~~12504418 999.~~36321404~~23816986 0.~~99936321~~99923817 0.~~12544593~~12504418 B1X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2 0.00000000 0.~~12544611~~12504417 999.~~36321408~~23816991 0.~~99936321~~99923817 0.~~12544611~~12504417 B2X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B3 0.00000000 0.~~12544586~~12504371 999.~~36321366~~23816995 0.~~99936321~~99923817 0.~~12544586~~12504371 B3X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B4 0.00000000 0.~~12544625~~12504396 999.~~36321367~~23816971 0.~~99936321~~99923817 0.~~12544625~~12504396 B4X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B5 0.00000000 0.~~12544596~~12504372 999.~~36321441~~23816894 0.~~99936321~~99923817 0.~~12544596~~12504372 B5X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B6 0.00000000 0.~~12544586~~12504371 999.~~36321366~~23816995 0.~~99936321~~99923817 0.~~12544586~~12504371 B7 0.00000000 0.~~12544499~~12504555 999.~~36321654~~23817099 0.~~99936322~~99923817 0.~~12544499~~12504555 B7X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B8 0.00000000 0.~~12544670~~12504315 999.~~36321437~~23816888 0.~~99936321~~99923817 0.~~12544670~~12504315 B9 0.00000000 0.~~12544513~~12504479 999.~~36321389~~23816909 0.~~99936321~~99923817 0.~~12544513~~12504479 B10 0.00000000 0.~~12544499~~12504555 999.~~36321654~~23817099 0.~~99936322~~99923817 0.~~12544499~~12504555 B10X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B11 0.00000000 0.~~12544628~~12504477 999.~~36321349~~23817012 0.~~99936321~~99923817 0.~~12544628~~12504477 B11X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B12 0.00000000 0.~~12544691~~12504430 999.~~36321312~~23817037 0.~~99936321~~99923817 0.~~12544691~~12504430 B13 0.00000000 0.~~12544648~~12504503 999.~~36321372~~23816869 0.~~99936321~~99923817 0.~~12544648~~12504503 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CX 0.00000000 0.00000000 0.00000000 1.00000000 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 445,190,000.00 5.~~15389~~14784% ~~415~~408,~~571~~365,~~050~~847.3676 1,~~784~~751,~~839~~834.9675 0.00 0.00 1-A2 16,580,000.00 5.~~15389~~14784% 15,~~476~~208,~~915~~575.5157 6665,~~471~~242.9575 0.00 0.00 2-A 179,101,000.00 5.~~28593~~28426% ~~170~~169,~~747~~286,~~014~~643.8722 ~~752~~745,~~131~~461.2193 0.00 0.00 3-A 103,218,000.00 4.50000% 9087,~~604~~554,~~778~~348.7766 ~~339~~328,~~767~~328.9281 0.00 0.00 3-AX 0.00 4.50000% 1816,~~126~~951,~~577~~608.8632 6763,~~974~~568.6753 0.00 0.00 4-A1 97,598,000.00 5.~~29581~~29321% 9291,~~550~~778,~~364~~192.0218 ~~408~~404,~~440~~834.8426 0.00 0.00 4-A2 5,545,000.00 5.~~29581~~29321% 5,~~258~~214,~~220~~349.1343 23,~~205~~000.4453 0.00 0.00 5-A1 387,899,000.00 5.~~27359~~27083% ~~365~~357,~~069~~477,~~587~~105.0254 1,~~604~~570,~~355~~168.8338 0.00 0.00 5-A2 32,926,000.00 5.~~27359~~27083% 30,~~988~~343,~~172~~700.75 ~~136~~133,~~182~~280.4148 0.00 0.00 6-A 66,416,000.00 5.~~37945~~37480% 64,~~954~~111,~~966~~242.5822 ~~291~~287,~~185~~154.1518 0.00 0.00 B-1 15,731,000.00 3.~~54000~~76438% 15,~~722~~720,~~956~~982.1172 5146,~~020~~028.9970 0.00 0.00 B1X 0.00 0.~~39691~~86927% 15,~~722~~720,~~956~~982.1172 510,~~720~~628.6293 0.00 0.00 B2 13,584,000.00 3.~~56000~~78438% 13,~~577~~575,~~053~~349.9690 4439,~~306~~957.4578 0.00 0.00 B2X 0.00 0.~~37691~~84927% 13,~~577~~575,~~053~~349.9690 48,~~690~~967.9510 0.00 0.00 B3 8,579,000.00 3.~~61000~~83438% 8,~~574~~573,~~613~~537.2101 2825,~~374~~568.82 0.00 0.00 B3X 0.00 1.~~16328~~78498% 8,~~574~~573,~~613~~537.2101 911,~~143~~902.4482 0.00 0.00 B4 15,014,000.00 3.~~67000~~89438% 15,~~006~~004,~~322~~439.7429 5045,~~483~~447.7788 0.00 0.00 B4X 0.00 1.~~10328~~72498% 15,~~006~~004,~~322~~439.7429 1520,~~176~~130.4876 0.00 0.00 B5 5,718,000.00 34.~~87000~~09438% 5,~~715~~714,~~076~~358.1686 2018,~~274~~197.2348 0.00 0.00 B5X 0.00 01.~~90328~~52498% 5,~~715~~714,~~076~~358.1686 46,~~732~~777.1179 0.00 0.00 B6 8,579,000.00 5.~~25061~~24474% 8,~~574~~573,~~613~~537.2101 37,~~518~~471.2764 0.00 0.00 B7 1,427,000.00 4.~~49000~~71438% 1,426,~~270~~091.3231 5,~~870~~229.2911 0.00 0.00 B7X 0.00 0.~~28328~~90498% 1,426,~~270~~091.3231 ~~370~~1,003.3679 0.00 0.00 B8 4,287,000.00 5.~~25061~~24474% 4,284,~~807~~270.8910 18,~~748~~724.2090 0.00 0.00 B9 3,572,000.00 5.~~25061~~24474% 3,~~570~~569,~~173~~725.4940 15,~~621~~601.3190 0.00 0.00 B10 1,427,000.00 67.~~84000~~06438% 1,426,~~270~~091.3231 87,~~942~~835.7168 0.00 0.00 B10X 0.00 0.~~00000~~76043% 1,426,~~270~~091.3231 0843.0046 0.00 0.00 B11 7,148,000.00 8.~~09000~~31438% 7,~~144~~143,~~344~~448.9425 5246,~~981~~194.2782 0.00 0.00 B11X 0.00 0.~~00000~~90725% 7,~~144~~143,~~344~~448.9425 05,040.0072 0.00 0.00 B12 6,433,000.00 5.~~25061~~24474% 6,~~429~~428,~~710~~903.55 28,~~133~~098.2327 0.00 0.00 B13 4,334,358.47 5.~~25061~~24474% 4,~~332~~331,~~142~~598.1441 18,~~955~~931.3175 0.00 0.00 R 100.00 5.~~14764~~14561% 0.00 0.00 0.00 0.00 CX 0.01 0.00000% 0.01 0.00 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 Totals 1,430,306,458.49 5,~~895~~791,~~620~~458.1970 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,~~784~~751,~~839~~834.9675 0.00 ~~408~~400,~~365~~854,~~847~~300.7670 1-A2 0.00 0.00 6665,~~471~~242.9575 0.00 1514,~~208~~928,~~575~~826.5758 2-A 0.00 0.00 ~~752~~745,~~131~~461.2193 0.00 ~~169~~167,~~286~~304,~~643~~677.2268 3-A 0.00 0.00 ~~339~~328,~~767~~328.9281 0.00 8786,~~554~~622,~~348~~544.6643 3-AX 0.00 0.00 6763,~~974~~568.6753 0.00 16,~~951~~759,~~601~~359.6266 4-A1 0.00 0.00 ~~408~~404,~~440~~834.8426 0.00 9189,~~778~~962,~~192~~069.1890 4-A2 0.00 0.00 23,~~205~~000.4453 0.00 5,~~214~~111,~~349~~167.4301 5-A1 0.00 0.00 1,~~604~~570,~~355~~168.8338 0.00 ~~357~~348,~~477~~887,~~105~~729.5405 5-A2 0.00 0.00 ~~136~~133,~~182~~280.4148 0.00 3029,~~343~~614,~~700~~609.7539 6-A 0.00 0.00 ~~291~~287,~~185~~154.1518 0.00 6462,~~111~~776,~~242~~513.2262 B-1 0.00 0.00 5146,~~020~~028.9970 0.00 15,~~720~~719,~~982~~015.7265 B1X 0.00 0.00 510,~~720~~628.6293 0.00 15,~~720~~719,~~982~~015.7265 B2 0.00 0.00 4439,~~306~~957.4578 0.00 13,~~575~~573,~~349~~651.9030 B2X 0.00 0.00 48,~~690~~967.9510 0.00 13,~~575~~573,~~349~~651.9030 B3 0.00 0.00 2825,~~374~~568.82 0.00 8,~~573~~572,~~537~~464.0126 B3X 0.00 0.00 911,~~143~~902.4482 0.00 8,~~573~~572,~~537~~464.0126 B4 0.00 0.00 5045,~~483~~447.7788 0.00 15,~~004~~002,~~439~~561.2988 B4X 0.00 0.00 1520,~~176~~130.4876 0.00 15,~~004~~002,~~439~~561.2988 B5 0.00 0.00 2018,~~274~~197.2348 0.00 5,~~714~~713,~~358~~643.8685 B5X 0.00 0.00 46,~~732~~777.1179 0.00 5,~~714~~713,~~358~~643.8685 B6 0.00 0.00 37,~~518~~471.2764 0.00 8,~~573~~572,~~537~~464.0126 B7 0.00 0.00 5,~~870~~229.2911 0.00 1,~~426~~425,~~091~~912.3187 B7X 0.00 0.00 ~~370~~1,003.3679 0.00 1,~~426~~425,~~091~~912.3187 B8 0.00 0.00 18,~~748~~724.2090 0.00 4,~~284~~283,~~270~~734.1003 B9 0.00 0.00 15,~~621~~601.3190 0.00 3,569,~~725~~278.4074 B10 0.00 0.00 87,~~687~~835.2068 0.00 1,~~426~~425,~~091~~912.3187 B10X 0.00 0.00 0843.0046 0.00 1,~~426~~425,~~091~~912.3187 B11 0.00 0.00 5146,~~276~~194.9182 0.00 7,~~143~~142,~~448~~554.2544 B11X 0.00 0.00 05,040.0072 0.00 7,~~143~~142,~~448~~554.2544 B12 0.00 0.00 28,~~133~~098.2327 0.00 6,428,~~903~~099.5515 B13 0.00 0.00 18,~~955~~931.3175 0.00 4,331,~~598~~056.4142 R 0.00 0.00 0.00 0.00 0.00 CX 0.00 0.00 0.00 0.00 0.01 P 0.00 0.00 7727,~~711~~744.2363 0.00 0.01 Totals 0.00 0.00 5,~~971~~819,~~371~~203.5533 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 445,190,000.00 5.~~15389~~14784% ~~933~~917.~~46896911~~28441286 43.~~00916454~~93502718 0.00000000 0.00000000 1-A2 16,580,000.00 5.~~15389~~14784% ~~933~~917.~~46896924~~28441315 43.~~00916466~~93502714 0.00000000 0.00000000 2-A 179,101,000.00 5.~~28593~~28426% ~~953~~945.~~35601069~~20211065 4.~~19948080~~16224326 0.00000000 0.00000000 3-A 103,218,000.00 4.50000% ~~877~~848.~~80017797~~24690132 3.~~29175066~~18092590 0.00000000 0.00000000 3-AX 0.00 4.50000% ~~831~~777.~~51483001~~61582023 32.~~11818075~~91605927 0.00000000 0.00000000 4-A1 97,598,000.00 5.~~29581~~29321% ~~948~~940.~~28135843~~36959958 4.~~18493043~~14797701 0.00000000 0.00000000 4-A2 5,545,000.00 5.~~29581~~29321% ~~948~~940.~~28135798~~36959964 4.~~18493057~~14797656 0.00000000 0.00000000 5-A1 387,899,000.00 5.~~27359~~27083% ~~941~~921.~~14598651~~57264015 4.~~13601435~~04787942 0.00000000 0.00000000 5-A2 32,926,000.00 5.~~27359~~27083% ~~941~~921.~~14598645~~57264016 4.~~13601440~~04787949 0.00000000 0.00000000 6-A 66,416,000.00 5.~~37945~~37480% ~~978~~965.~~00178541~~29815436 4.~~38426208~~32356932 0.00000000 0.00000000 B-1 15,731,000.00 3.~~54000~~76438% 999.~~48865997~~36321404 32.~~24334054~~92598690 0.00000000 0.00000000 B1X 0.00 0.~~39691~~86927% 999.~~48865997~~36321404 0.~~36365266~~67566779 0.00000000 0.00000000 B2 13,584,000.00 3.~~56000~~78438% 999.~~48866019~~36321408 32.~~26166446~~94153269 0.00000000 0.00000000 B2X 0.00 0.~~37691~~84927% 999.~~48866019~~36321408 0.~~34532906~~66012220 0.00000000 0.00000000 B3 8,579,000.00 3.~~61000~~83438% 999.~~48865952~~36321366 32.~~30747406~~98039632 0.00000000 0.00000000 B3X 0.00 1.~~16328~~78498% 999.~~48865952~~36321366 1.~~06579322~~38743676 0.00000000 0.00000000 B4 15,014,000.00 3.~~67000~~89438% 999.~~48865992~~36321367 3.~~36244638~~02703344 0.00000000 0.00000000 B4X 0.00 1.~~10328~~72498% 999.~~48865992~~36321367 1.~~01082190~~34079925 0.00000000 0.00000000 B5 5,718,000.00 34.~~87000~~09438% 999.~~48866037~~36321441 3.~~54568555~~18249038 0.00000000 0.00000000 B5X 0.00 01.~~90328~~52498% 999.~~48866037~~36321441 01.~~82758132~~18534278 0.00000000 0.00000000 B6 8,579,000.00 5.~~25061~~24474% 999.~~48865952~~36321366 4.~~37326845~~36783308 0.00000000 0.00000000 B7 1,427,000.00 4.~~49000~~71438% 999.~~48866153~~36321654 43.~~11372810~~66440785 0.00000000 0.00000000 B7X 0.00 0.~~28328~~90498% 999.~~48866153~~36321654 0.~~25953749~~70342677 0.00000000 0.00000000 B8 4,287,000.00 5.~~25061~~24474% 999.~~48866107~~36321437 4.~~37326802~~36783298 0.00000000 0.00000000 B9 3,572,000.00 5.~~25061~~24474% 999.~~48865901~~36321389 4.~~37326708~~36783315 0.00000000 0.00000000 B10 1,427,000.00 67.~~84000~~06438% 999.~~48866153~~36321654 65.~~26679047~~49101612 0.00000000 0.00000000 B10X 0.00 0.~~00000~~76043% 999.~~48866153~~36321654 0.~~00000000~~59107218 0.00000000 0.00000000 B11 7,148,000.00 8.~~09000~~31438% 999.~~48865976~~36321349 76.~~41204113~~46262171 0.00000000 0.00000000 B11X 0.00 0.~~00000~~90725% 999.~~48865976~~36321349 0.~~00000000~~70519306 0.00000000 0.00000000 B12 6,433,000.00 5.~~25061~~24474% 999.~~48866003~~36321312 4.~~37326753~~36783305 0.00000000 0.00000000 B13 4,334,358.47 5.~~25061~~24474% 999.~~48866020~~36321372 4.~~37326772~~36783209 0.00000000 0.00000000 R 100.00 5.~~14764~~14561% 0.00000000 0.00000000 0.00000000 0.00000000 CX 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.01 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 43.~~00916454~~93502718 0.00000000 ~~917~~900.~~28441286~~41173589 1-A2 0.00000000 0.00000000 43.~~00916466~~93502714 0.00000000 ~~917~~900.~~28441315~~41173583 2-A 0.00000000 0.00000000 4.~~19948080~~16224326 0.00000000 ~~945~~934.~~20211065~~13592152 3-A 0.00000000 0.00000000 3.~~29175066~~18092590 0.00000000 ~~848~~839.~~24690132~~21936513 3-AX 0.00000000 0.00000000 32.~~11818075~~91605927 0.00000000 ~~777~~768.~~61551288~~79685765 4-A1 0.00000000 0.00000000 4.~~18493043~~14797701 0.00000000 ~~940~~921.~~36959958~~76140802 4-A2 0.00000000 0.00000000 4.~~18493057~~14797656 0.00000000 ~~940~~921.~~36959964~~76140848 5-A1 0.00000000 0.00000000 4.~~13601435~~04787942 0.00000000 ~~921~~899.~~57264015~~42930776 5-A2 0.00000000 0.00000000 4.~~13601440~~04787949 0.00000000 ~~921~~899.~~57264016~~42930784 6-A 0.00000000 0.00000000 4.~~38426208~~32356932 0.00000000 ~~965~~945.~~29815436~~20166255 B-1 0.00000000 0.00000000 32.~~24334054~~92598690 0.00000000 999.~~36321404~~23816986 B1X 0.00000000 0.00000000 0.~~36365266~~67566779 0.00000000 999.~~36321404~~23816986 B2 0.00000000 0.00000000 32.~~26166446~~94153269 0.00000000 999.~~36321408~~23816991 B2X 0.00000000 0.00000000 0.~~34532906~~66012220 0.00000000 999.~~36321408~~23816991 B3 0.00000000 0.00000000 32.~~30747406~~98039632 0.00000000 999.~~36321366~~23816995 B3X 0.00000000 0.00000000 1.~~06579322~~38743676 0.00000000 999.~~36321366~~23816995 B4 0.00000000 0.00000000 3.~~36244638~~02703344 0.00000000 999.~~36321367~~23816971 B4X 0.00000000 0.00000000 1.~~01082190~~34079925 0.00000000 999.~~36321367~~23816971 B5 0.00000000 0.00000000 3.~~54568555~~18249038 0.00000000 999.~~36321441~~23816894 B5X 0.00000000 0.00000000 01.~~82758132~~18534278 0.00000000 999.~~36321441~~23816894 B6 0.00000000 0.00000000 4.~~37326845~~36783308 0.00000000 999.~~36321366~~23816995 B7 0.00000000 0.00000000 43.~~11372810~~66440785 0.00000000 999.~~36321654~~23817099 B7X 0.00000000 0.00000000 0.~~25953749~~70342677 0.00000000 999.~~36321654~~23817099 B8 0.00000000 0.00000000 4.~~37326802~~36783298 0.00000000 999.~~36321437~~23816888 B9 0.00000000 0.00000000 4.~~37326708~~36783315 0.00000000 999.~~36321389~~23816909 B10 0.00000000 0.00000000 65.~~08773651~~49101612 0.00000000 999.~~36321654~~23817099 B10X 0.00000000 0.00000000 0.~~00000000~~59107218 0.00000000 999.~~36321654~~23817099 B11 0.00000000 0.00000000 76.~~17360241~~46262171 0.00000000 999.~~36321349~~23817012 B11X 0.00000000 0.00000000 0.~~00000000~~70519306 0.00000000 999.~~36321349~~23817012 B12 0.00000000 0.00000000 4.~~37326753~~36783305 0.00000000 999.~~36321312~~23817037 B13 0.00000000 0.00000000 4.~~37326772~~36783209 0.00000000 999.~~36321372~~23816869 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CX 0.00000000 0.00000000 0.00000000 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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2829,~~083~~373,~~929~~415.5860 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 7727,~~711~~744.2363 Total Deposits 2829,~~161~~401,~~640~~160.8123 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~297~~292,~~182~~406.6253 Payment of Interest and Principal 2729,~~864~~108,~~458~~753.1970 Total Withdrawals (Pool Distribution Amount) 2829,~~161~~401,~~640~~160.8123 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~293~~288,~~253~~541.8463 Wells Fargo Bank, N.A. 3,~~928~~864.7890 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~297~~292,~~182~~406.6253

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 45 0 0 45 ~~701~~793,~~442~~306.8157 0.00 0.00 ~~701~~793,~~442~~306.8157 30 Days 5346 0 0 0 5346 1513,~~581~~932,~~536~~641.7772 0.00 0.00 0.00 1513,~~581~~932,~~536~~641.7772 60 Days 8 01 0 0 89 2,~~734~~196,~~852~~122.8724 0160,000.00 0.00 0.00 2,~~734~~356,~~852~~122.8724 90 Days 2 0 0 0 2 ~~616~~821,~~103~~900.9400 0.00 0.00 0.00 ~~616~~821,~~103~~900.9400 120 Days 1 0 1 0 2 ~~101~~199,~~700~~500.00 0.00 ~~193~~416,~~388~~603.0994 0.00 ~~295~~616,~~088~~103.0994 150 Days 0 0 01 0 01 0.00 0.00 0193,388.0009 0.00 0193,388.0009 180+ Days 0 0 01 0 01 0.00 0.00 0198,550.00 0.00 0198,550.00 Totals 6457 46 13 0 6966 1917,~~034~~150,~~193~~163.5896 ~~701~~953,~~442~~306.8157 ~~193~~808,~~388~~542.0903 0.00 1918,~~929~~912,~~024~~012.4856 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.~~091554~~116414% 0.000000% 0.000000% 0.~~091554~~116414% 0.~~052930~~060932% 0.000000% 0.000000% 0.~~052930~~060932% 30 Days 1.~~213092~~071013% 0.000000% 0.000000% 0.000000% 1.~~213092~~071013% 1.~~175756~~070132% 0.000000% 0.000000% 0.000000% 1.~~175756~~070132% 60 Days 0.~~183108~~186263% 0.~~000000~~023283% 0.000000% 0.000000% 0.~~183108~~209546% 0.~~206367~~168679% 0.~~000000~~012289% 0.000000% 0.000000% 0.~~206367~~180968% 90 Days 0.~~045777~~046566% 0.000000% 0.000000% 0.000000% 0.~~045777~~046566% 0.~~046490~~063128% 0.000000% 0.000000% 0.000000% 0.~~046490~~063128% 120 Days 0.~~022889~~023283% 0.000000% 0.~~022889~~023283% 0.000000% 0.~~045777~~046566% 0.~~007674~~015323% 0.000000% 0.~~014593~~031998% 0.000000% 0.~~022267~~047321% 150 Days 0.000000% 0.000000% 0.~~000000~~023283% 0.000000% 0.~~000000~~023283% 0.000000% 0.000000% 0.~~000000~~014854% 0.000000% 0.~~000000~~014854% 180+ Days 0.000000% 0.000000% 0.~~000000~~023283% 0.000000% 0.~~000000~~023283% 0.000000% 0.000000% 0.~~000000~~015250% 0.000000% 0.~~000000~~015250% Totals 1.~~464866~~327125% 0.~~091554~~139697% 0.~~022889~~069849% 0.000000% 1.~~579309~~536671% 1.~~436287~~317262% 0.~~052930~~073221% 0.~~014593~~062102% 0.000000% 1.~~503809~~452586%

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 01 0 0 01 092,000.00 0.00 0.00 092,000.00 30 Days 1513 0 0 0 1513 64,~~333~~113,~~640~~059.6194 0.00 0.00 0.00 64,~~333~~113,~~640~~059.6194 60 Days 24 0 0 0 24 1,~~076~~488,~~000~~216.0024 0.00 0.00 0.00 1,~~076~~488,~~000~~216.0024 90 Days 10 0 0 0 10 ~~199,500~~0.00 0.00 0.00 0.00 ~~199,500~~0.00 120 Days 1 0 0 1 0 1 0199,500.00 0.00 ~~193,388~~0.0900 0.00 ~~193~~199,~~388~~500.0900 150 Days 0 0 01 0 01 0.00 0.00 0193,388.0009 0.00 0193,388.0009 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 18 01 1 0 1920 75,~~609~~800,~~140~~776.6118 092,000.00 193,388.09 0.00 76,~~802~~086,~~528~~164.7027 0-29 Days 0.~~000000~~077700% 0.000000% 0.000000% 0.~~000000~~077700% 0.~~000000~~020492% 0.000000% 0.000000% 0.~~000000~~020492% 30 Days 1.~~145038~~010101% 0.000000% 0.000000% 0.000000% 1.~~145038~~010101% 10.~~386663~~916121% 0.000000% 0.000000% 0.000000% 10.~~386663~~916121% 60 Days 0.~~152672~~310800% 0.000000% 0.000000% 0.000000% 0.~~152672~~310800% 0.~~235575~~331477% 0.000000% 0.000000% 0.000000% 0.~~235575~~331477% 90 Days 0.~~076336~~000000% 0.000000% 0.000000% 0.000000% 0.~~076336~~000000% 0.~~043678~~000000% 0.000000% 0.000000% 0.000000% 0.~~043678~~000000% 120 Days 0.~~000000~~077700% 0.000000% 0.~~076336~~000000% 0.000000% 0.~~076336~~077700% 0.~~000000~~044436% 0.000000% 0.~~042340~~000000% 0.000000% 0.~~042340~~044436% 150 Days 0.000000% 0.000000% 0.~~000000~~077700% 0.000000% 0.~~000000~~077700% 0.000000% 0.000000% 0.~~000000~~043074% 0.000000% 0.~~000000~~043074% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~374046~~398601% 0.~~000000~~077700% 0.~~076336~~077700% 0.000000% 1.~~450382~~554002% 1.~~665916~~292033% 0.~~000000~~020492% 0.~~042340~~043074% 0.000000% 1.~~708255~~355599% 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 1 0 0 1 302,510.61 0.00 0.00 302,510.61 30 Days 119 0 0 0 119 21,~~008~~591,~~343~~855.1298 0.00 0.00 0.00 21,~~008~~591,~~343~~855.1298 60 Days 1 01 0 0 12 72135,~~800~~606.00 0160,000.00 0.00 0.00 72295,~~800~~606.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 10 0 0 0 10 ~~101,700~~0.00 0.00 0.00 0.00 ~~101,700~~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 1310 12 0 0 1412 21,~~182~~727,~~843~~461.1298 ~~302~~462,510.61 0.00 0.00 2,~~485~~189,~~353~~972.7359 0-29 Days 0.~~108342~~109409% 0.000000% 0.000000% 0.~~108342~~109409% 0.~~166071~~167898% 0.000000% 0.000000% 0.~~166071~~167898% 30 Days 10.~~191766~~984683% 0.000000% 0.000000% 0.000000% 10.~~191766~~984683% 10.~~102529~~883503% 0.000000% 0.000000% 0.000000% 10.~~102529~~883503% 60 Days 0.~~108342~~109409% 0.~~000000~~109409% 0.000000% 0.000000% 0.~~108342~~218818% 0.~~039965~~075263% 0.~~000000~~088802% 0.000000% 0.000000% 0.~~039965~~164066% 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.~~108342~~000000% 0.000000% 0.000000% 0.000000% 0.~~108342~~000000% 0.~~055831~~000000% 0.000000% 0.000000% 0.000000% 0.~~055831~~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.~~408451~~094092% 0.~~108342~~218818% 0.000000% 0.000000% 1.~~516793~~312910% 10.~~198325~~958766% 0.~~166071~~256700% 0.000000% 0.000000% 1.~~364396~~215466% 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 53 0 0 0 53 1766,~~684,583~~000.1700 0.00 0.00 0.00 1766,~~684,583~~000.1700 60 Days 10 0 0 0 10 ~~182,000~~0.00 0.00 0.00 0.00 ~~182,000~~0.00 90 Days 01 0 0 0 01 0182,000.00 0.00 0.00 0.00 0182,000.00 120 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 1948,~~866,583~~000.1700 0.00 0.00 0.00 1948,~~866,583~~000.1700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~109705~~276596% 0.000000% 0.000000% 0.000000% 21.~~109705~~276596% 10.~~773810~~814566% 0.000000% 0.000000% 0.000000% 10.~~773810~~814566% 60 Days 0.~~421941~~000000% 0.000000% 0.000000% 0.000000% 0.~~421941~~000000% 0.~~191640~~000000% 0.000000% 0.000000% 0.000000% 0.~~191640~~000000% 90 Days 0.~~000000~~425532% 0.000000% 0.000000% 0.000000% 0.~~000000~~425532% 0.~~000000~~193539% 0.000000% 0.000000% 0.000000% 0.~~000000~~193539% 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.~~531646~~702128% 0.000000% 0.000000% 0.000000% 21.~~531646~~702128% 1.~~965450~~008105% 0.000000% 0.000000% 0.000000% 1.~~965450~~008105% 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 2 0 0 2 280,000.00 0.00 0.00 280,000.00 30 Days 86 0 0 0 86 1,~~730~~117,~~165~~088.4779 0.00 0.00 0.00 1,~~730~~117,~~165~~088.4779 60 Days 01 0 0 0 01 0173,700.00 0.00 0.00 0.00 0173,700.00 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 87 2 0 0 109 1,~~730~~290,~~165~~788.4779 280,000.00 0.00 0.00 21,~~010~~570,~~165~~788.4779 0-29 Days 0.~~376648~~383142% 0.000000% 0.000000% 0.~~376648~~383142% 0.~~268190~~273216% 0.000000% 0.000000% 0.~~268190~~273216% 30 Days 1.~~506591~~149425% 0.000000% 0.000000% 0.000000% 1.~~506591~~149425% 1.~~657189~~090022% 0.000000% 0.000000% 0.000000% 1.~~657189~~090022% 60 Days 0.~~000000~~191571% 0.000000% 0.000000% 0.000000% 0.~~000000~~191571% 0.~~000000~~169491% 0.000000% 0.000000% 0.000000% 0.~~000000~~169491% 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.~~506591~~340996% 0.~~376648~~383142% 0.000000% 0.000000% 1.~~883239~~724138% 1.~~657189~~259513% 0.~~268190~~273216% 0.000000% 0.000000% 1.~~925379~~532729% 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 1 0 0 1 118,~~932~~795.2096 0.00 0.00 118,~~932~~795.2096 30 Days 1110 0 0 0 1110 23,~~993~~615,~~906~~528.6416 0.00 0.00 0.00 23,~~993~~615,~~906~~528.6416 60 Days 42 0 0 0 42 1398,~~404,052~~600.8700 0.00 0.00 0.00 1398,~~404,052~~600.8700 90 Days 1 0 0 0 1 ~~416~~639,~~603~~900.9400 0.00 0.00 0.00 ~~416~~639,~~603~~900.9400 120 Days 0 0 01 0 01 0.00 0.00 0416,603.0094 0.00 0416,603.0094 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 01 0 01 0.00 0.00 0198,550.00 0.00 0198,550.00 Totals 1613 1 02 0 1716 4,~~814~~654,~~563~~028.4516 118,~~932~~795.2096 0615,153.0094 0.00 45,~~933~~387,~~495~~978.6506 0-29 Days 0.~~083963~~085985% 0.000000% 0.000000% 0.~~083963~~085985% 0.~~028448~~029064% 0.000000% 0.000000% 0.~~028448~~029064% 30 Days 0.~~923594~~859845% 0.000000% 0.000000% 0.000000% 0.~~923594~~859845% 0.~~716137~~884555% 0.000000% 0.000000% 0.000000% 0.~~716137~~884555% 60 Days 0.~~335852~~171969% 0.000000% 0.000000% 0.000000% 0.~~335852~~171969% 0.~~335847~~097519% 0.000000% 0.000000% 0.000000% 0.~~335847~~097519% 90 Days 0.~~083963~~085985% 0.000000% 0.000000% 0.000000% 0.~~083963~~085985% 0.~~099651~~156554% 0.000000% 0.000000% 0.000000% 0.~~099651~~156554% 120 Days 0.000000% 0.000000% 0.~~000000~~085985% 0.000000% 0.~~000000~~085985% 0.000000% 0.000000% 0.~~000000~~101924% 0.000000% 0.~~000000~~101924% 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~~085985% 0.000000% 0.~~000000~~085985% 0.000000% 0.000000% 0.~~000000~~048576% 0.000000% 0.~~000000~~048576% Totals 1.~~343409~~117799% 0.~~083963~~085985% 0.~~000000~~171969% 0.000000% 1.~~427372~~375752% 1.~~151635~~138629% 0.~~028448~~029064% 0.~~000000~~150500% 0.000000% 1.~~180083~~318193% 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 35 0 0 0 35 ~~830~~2,~~897~~729,108.7685 0.00 0.00 0.00 ~~830~~2,~~897~~729,108.7685 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 35 0 0 0 35 ~~830~~2,~~897~~729,108.7685 0.00 0.00 0.00 ~~830~~2,~~897~~729,108.7685 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~694915~~873563% 0.000000% 0.000000% 0.000000% 12.~~694915~~873563% 14.~~206174~~039877% 0.000000% 0.000000% 0.000000% 14.~~206174~~039877% 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 12.~~694915~~873563% 0.000000% 0.000000% 0.000000% 12.~~694915~~873563% 14.~~206174~~039877% 0.000000% 0.000000% 0.000000% 14.~~206174~~039877%

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class 1-A-1 985,116,358.49 68.87449558% ~~916~~900,~~746~~968,~~490~~487.7140 69.~~18254884~~20822831% 30.~~817451~~791772% ~~426~~418.~~392294~~601542% Class 1-A-2 968,536,358.49 67.71530344% ~~901~~886,~~537~~039,~~915~~660.1482 68.~~03482912~~06146497% 1.~~147720~~146763% 15.~~879926~~589779% Class 2A 789,435,358.49 55.19344150% ~~732~~718,~~251~~734,~~271~~983.9214 55.~~25956183~~20989414% 12.~~775267~~851571% ~~176~~174.~~759444~~711849% Class 3A 686,217,358.49 47.97694609% ~~644~~632,~~696~~112,~~923~~438.2671 48.~~65224665~~55595128% 6.~~607315~~653943% 9190.~~419250~~457632% Class 3-AX 686,217,358.49 47.97694609% ~~644~~632,~~696~~112,~~923~~438.2671 48.~~65224665~~55595128% 0.000000% 0.000000% Class 4-A-1 588,619,358.49 41.15337346% ~~552~~542,~~918~~150,~~731~~368.0881 41.~~72617785~~64548153% 6.~~926069~~910470% 9593.~~829546~~945010% Class 4-A-2 583,074,358.49 40.76569430% ~~547~~537,~~704~~039,~~381~~201.6580 41.~~33267541~~25286535% 0.~~393502~~392616% 5.~~444526~~337456% Class B-1 80,102,358.49 5.60036334% 80,~~051~~041,~~350~~334.4209 6.~~04109917~~14840475% 1.~~186389~~207462% 16.414952% Class B-2 66,518,358.49 4.65063680% 66,~~476~~467,~~000~~682.5279 5.~~01663131~~10573969% 1.~~024468~~042665% 14.174605% Class B-3 57,939,358.49 4.05083527% 57,~~902~~895,~~463~~218.5153 4.~~36962677~~44724267% 0.~~647005~~658497% 8.951998% Class B-4 42,925,358.49 3.00113016% 42,~~898~~892,~~024~~656.2265 3.~~23731226~~29481532% 1.~~132315~~152427% 15.666778% Class B-5 37,207,358.49 2.60135569% 37,~~183~~179,~~665~~012.3680 2.~~80607646~~85591965% 0.~~431236~~438896% 5.966607% Class B-6 28,628,358.49 2.00155416% 28,~~610~~606,~~128~~548.3554 2.~~15907192~~19742263% 0.~~647005~~658497% 8.951998% Class B-7 27,201,358.49 1.90178534% 27,~~184~~180,~~037~~635.0467 2.~~05145151~~08789060% 0.~~107620~~109532% 1.489043% Class B-8 22,914,358.49 1.60205936% 22,~~899~~896,~~766~~901.9464 1.~~72813778~~75883399% 0.~~323314~~329057% 4.473390% Class B-9 19,342,358.49 1.35232267% 19,~~330~~327,~~041~~622.5490 1.~~45874738~~48465852% 0.~~269390~~274175% 3.727303% Class B-10 17,915,358.49 1.25255384% 17,~~903~~901,~~950~~710.2303 1.~~35112697~~37512649% 0.~~107620~~109532% 1.489043% Class B-11 10,767,358.49 0.75280080% 10,~~760~~759,~~501~~155.9859 0.~~81204451~~82646852% 0.~~539082~~548658% 7.458781% Class B12 4,334,358.49 0.30303705% 4,331,~~598~~056.4344 0.~~32688537~~33269171% 0.~~485159~~493777% 6.712694% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 530,630.00 0.03709904% 530,630.00 0.~~04004415~~04076054% Fraud 28,606,129.00 1.99999999% 28,606,129.00 2.~~15877010~~19739040% Special Hazard 14,301,064.00 0.99986013% 13,~~251~~018,~~123~~227.3888 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Mixed~~History* ~~Fixed~~New &REO ~~Arm~~Loans ~~Weighted~~Month ~~Average~~REO ~~Gross~~Percentage ~~Coupon~~Loans 5in REO 0 Aug-04 0.~~515204~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~0.00 5Sep-04 0.~~253955~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 0.00 Oct-~~Through~~04 ~~Rate~~0.000% 5Nov-04 0.~~250455~~000% ~~Weighted~~Current ~~Average~~REO ~~Maturity(Stepdown~~Total ~~Calculation)~~Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 ~~Beginning~~12 ~~Scheduled~~Month ~~Collateral~~REO ~~Loan~~History* ~~Count~~New ~~4,431~~REO ~~Number~~Loans OfMonth REO Percentage Loans ~~Paid~~in InREO ~~Full~~0 62Aug-04 ~~Ending~~0.000% ~~Scheduled~~Original ~~Collateral~~Principal ~~Loan~~Balance ~~Count~~0.00 ~~4,369~~Sep-04 ~~Beginning~~0.000% ~~Scheduled~~Current ~~Collateral~~Principal Balance ~~1,347,005,425~~0.0600 ~~Ending~~Oct-04 ~~Scheduled~~0.000% ~~Collateral~~Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance ~~1,325,112,338~~0.4500 ~~Ending~~Feb-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at 31www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-~~2005~~05 ~~1,325,235,979~~0.23000% ~~Monthly~~Jun-05 ~~P&I~~0.000% ~~Constant~~Jul-05 ~~6,360,601~~0.34000% ~~Special~~*The ~~Servicing~~text ~~Fee~~reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 ~~Prepayment~~Sep-04 ~~Penalties~~0.000% ~~77,711~~Current Principal Balance 0.2300 ~~Realized~~Oct-04 ~~Loss~~0.000% ~~Amount~~Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Cumulative~~Feb-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Class~~Mar-05 A0.000% ~~Optimal~~Apr-05 ~~Amount~~0.000% ~~27,355,620~~May-05 0.000% Jun-05 ~~Scheduled~~0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal ~~169,759~~Balance 0.4900 ~~Unscheduled~~Sep-04 0.000% Current Principal ~~21,723,327~~Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 5 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 6 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Miscellaneous~~REO ~~Reporting~~Loan B1Detail &- B2All ~~Cap~~Mortgage ~~Payment~~Loans 0in B3REO &during B4Current ~~Cap~~Period ~~Payment~~Month 0Loan B5First ~~Cap~~Original Loan Entered Payment 0LTV B7at ~~Cap~~Principal ~~Payment~~Group 0Number ~~B10~~REO ~~Cap~~Date ~~Payment~~State 0Origination ~~B11~~Balance ~~Cap~~No ~~Payment~~REO 0loans this period.

~~Group~~REO ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All 1Mortgage 2Loans 3in ~~Collateral~~REO ~~Description~~during ~~Fixed~~Current ~~15/30~~Period &(continued) ~~ARM~~Current ~~Fixed~~Paid ~~15/30~~Current &Approximate ~~ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.421122 5.539432 5.674177 Weighted Average Net Rate 5.157390 5.289432 5.403779 Weighted Average Maturity 354 354 354 Beginning~~ Loan ~~Count~~Principal ~~1,328~~To ~~932~~Months ~~240 Loans Paid In Full 18 9 3 Ending~~ Loan ~~Count~~Delinquent ~~1,310~~Group ~~923~~Number ~~237 Beginning Scheduled~~ Balance ~~464,195,064.93 183,601,979.41 98,014,433.99 Ending Scheduled Balance 456,717,996.62 182,139,720.75 94,963,295.62 Record~~ Date ~~05/31/2005~~Delinquent ~~05/31/2005~~Rate ~~05/31/2005 Principal And~~ Interest ~~Constant~~No ~~2,146,423.69~~REO ~~874,493.58~~loans ~~472,828.15~~this ~~Scheduled Principal 49,375~~period.18 26,951.39 9,368.79 Unscheduled Principal 7,427,693.13 1,435,307.27 3,041,769.58 Scheduled Interest 2,097,048.51 847,542.19 463,459.36 Servicing Fees 102,019.17 38,250.41 22,085.72 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 1,353.90 535.51 285.88 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,993,675.44 808,756.27 441,087.76 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 58,563.43 11,445.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.153890 5.285932 5.400279

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Group~~Summary ~~Level~~12 ~~Collateral~~Month ~~Statement~~Foreclosure ~~Group~~History* 4New 5Foreclosure 6Loans ~~Collateral~~Month ~~Description~~Foreclosure ~~Fixed~~Percentage ~~15/30~~Loans &in ~~ARM~~Foreclosure ~~Fixed~~2 ~~15/30~~Aug-04 &0.000% ~~ARM~~Original ~~Fixed~~Principal ~~15/30~~Balance &629,800.00 ~~ARM~~Sep-04 ~~Weighted~~0.000% ~~Average~~Current ~~Coupon~~Principal ~~Rate~~Balance 5615,153.~~549307~~94 5Oct-04 0.~~542993~~000% 5Nov-04 0.~~632951~~000% ~~Weighted~~Current ~~Average~~Foreclosure ~~Net~~Total ~~Rate~~Dec-04 50.~~299307~~000% 5Loans in Foreclosure 3 Jan-05 0.~~277088~~000% 5Original Principal Balance 823,400.~~382951~~00 ~~Weighted~~Feb-05 ~~Average~~0.000% ~~Maturity~~Current ~~354~~Principal ~~353~~Balance ~~353~~808,542.03 ~~Beginning~~Mar-05 ~~Loan~~0.000% ~~Count~~Apr-05 ~~535~~0.000% May-05 0.000% Jun-05 0.015% Jul-05 0.062% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1~~,217~~ ~~179~~12 Month Foreclosure History* New Foreclosure Loans ~~Paid~~Month InForeclosure ~~Full~~Percentage 4Loans 26in 2Foreclosure ~~Ending~~0 ~~Loan~~Aug-04 ~~Count~~0.000% ~~531~~Original ~~1,191~~Principal ~~177~~Balance ~~Beginning~~0.00 ~~Scheduled~~Sep-04 0.000% Current Principal Balance ~~105,211,575~~0.4700 ~~426,263,068~~Oct-04 0.62000% ~~69,719,302~~Nov-04 0.64000% ~~Ending~~Current ~~scheduled~~Foreclosure Total Dec-04 0.000% Loans in Foreclosure 1 Jan-05 0.000% Original Principal Balance ~~104~~193,~~394,532~~600.8200 ~~418,022,537~~Feb-05 0.41000% 68Current Principal Balance 193,~~874,255~~388.2309 ~~Record~~Mar-05 ~~Date~~0.000% Apr-05~~/31/2005~~ 0.000% May-05~~/31/2005~~ 0.000% Jun-05~~/31/2005~~ ~~Principal~~0.042% ~~And~~Jul-05 ~~Interest~~0.043% ~~Constant~~*The ~~500,756~~text reported in the above table is presented graphically on the monthly bond remittance report.40 The monthly bond remittance report can be viewed online at www.ctslink.com. 2~~,019,467~~ 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.40000% ~~346,632~~Original Principal Balance 0.1200 ~~Scheduled~~Sep-04 0.000% Current Principal ~~14,213~~Balance 0.6200 ~~50,489~~Oct-04 0.59000% ~~19,360~~Nov-04 0.92000% ~~Unscheduled~~Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal ~~802,829~~Balance 0.0300 ~~8,190,041~~Feb-05 0.62000% ~~825,686~~Current Principal Balance 0.4900 ~~Scheduled~~Mar-05 ~~Interest~~0.000% ~~486,542~~Apr-05 0.78000% ~~1,968,977~~May-05 0.81000% ~~327,271~~Jun-05 0.20000% ~~Servicing~~Jul-05 ~~Fees~~0.000% ~~21,919~~*The text reported in the above table is presented graphically on the monthly bond remittance report.08 ~~94,454~~The monthly bond remittance report can be viewed online at www.61ctslink.com. ~~14,524~~3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.85000% ~~Master~~Original ~~Servicing~~Principal ~~Fees~~Balance 0.00 Sep-04 0.00000% Current Principal Balance 0.00 ~~Trustee~~Oct-04 ~~Fee~~0.000% Nov-04 0.00000% Current Foreclosure Total Dec-04 0.00000% Loans in Foreclosure 0 Jan-05 0.00000% ~~FRY~~Original ~~Amount~~Principal Balance 0.00 Feb-05 0.00000% Current Principal Balance 0.00 ~~Special~~Mar-05 ~~Hazard~~0.000% ~~Fee~~Apr-05 0.00000% May-05 0.00000% Jun-05 0.00000% ~~Other~~Jul-05 ~~Fee~~0.000% ~~306~~*The text reported in the above table is presented graphically on the monthly bond remittance report.87 ~~1,243~~The monthly bond remittance report can be viewed online at www.27ctslink.com. ~~203~~4 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.35000% ~~Pool~~Original ~~Insurance~~Principal ~~Fee~~Balance 0.00 Sep-04 0.00000% Current Principal Balance 0.00 ~~Spread~~Oct-04 10.000% Nov-04 0.00000% Current Foreclosure Total Dec-04 0.00000% Loans in Foreclosure 0 Jan-05 0.00000% ~~Spread~~Original 2Principal Balance 0.00 Feb-05 0.00000% Current Principal Balance 0.00 ~~Spread~~Mar-05 30.000% Apr-05 0.00000% May-05 0.00000% Jun-05 0.00000% ~~Net~~Jul-05 ~~Interest~~0.000% ~~464,316~~*The text reported in the above table is presented graphically on the monthly bond remittance report.83 ~~1,873,279~~The monthly bond remittance report can be viewed online at www.93ctslink.com. ~~312~~5 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Aug-04 0.000% Original Principal Balance 629,~~543~~800.00 ~~Realized~~Sep-04 ~~Loss~~0.000% ~~Amount~~Current Principal Balance 615,153.94 Oct-04 0.00000% Nov-04 0.00000% Current Foreclosure Total Dec-04 0.00000% ~~Cumulative~~Loans ~~Realized~~in ~~Loss~~Foreclosure 2 Jan-05 0.000% Original Principal Balance 629,800.00 Feb-05 0.00000% Current Principal Balance 615,153.94 Mar-05 0.00000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.151% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 6 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage ofLoans ~~Cumulative~~in ~~Losses~~Foreclosure 0 Aug-04 0.~~0000~~000% Original Principal Balance 0.~~0000~~00 Sep-04 0.~~0000~~000% ~~Prepayment~~Current ~~Penalties~~Principal Balance 0.00 ~~2,271~~Oct-04 0.15000% ~~5,431~~Nov-04 0.65000% ~~Special~~Current ~~Servicing~~Foreclosure ~~Fee~~Total Dec-04 0.00000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 ~~Pass~~Mar-~~Through~~05 ~~Rate~~0.000% 5Apr-05 0.~~295807~~000% 5May-05 0.~~273588~~000% 5Jun-05 0.~~379451~~000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Group~~Foreclosure ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All ~~Total~~Mortgage ~~Collateral~~Loans ~~Description~~in ~~Mixed~~Foreclosure ~~Fixed~~during &Current ~~Arm~~Period ~~Weighted~~Month ~~Average~~Loan ~~Coupon~~First ~~Rate~~Original ~~5.515204~~Loan ~~Weighted~~Entered ~~Average~~Payment ~~Net~~LTV ~~Rate~~at ~~5.253955~~Principal ~~Weighted~~Group ~~Average~~Number ~~Maturity~~FC ~~1.00 Record~~ Date ~~05/31/2005~~State ~~Principal~~Origination ~~And Interest Constant 6,360,601.34 Beginning Loan Count 4,431 Loans Paid In Full 62 Ending Loan Count 4,369 Beginning Scheduled~~ Balance 1~~,347,005,425.06~~ ~~Ending~~0018862078 ~~Scheduled~~Jun-2005 ~~Balance~~01-Jan-2005 ~~1,325,112,338.45~~CA ~~Scheduled Principal 169,759~~80.4900 ~~Unscheduled Principal 21~~193,~~723,327~~600.~~12 Scheduled Interest 6,190,841.85 Servicing Fee 293,253.84 Master Servicing Fee 0.~~00 ~~Trustee~~5 ~~Fee~~0113802151 ~~0.00~~Jul-2005 ~~Fry~~01-Apr-2002 ~~Amount~~MA 073.0072 ~~Special Hazard Fee 0.00 Other Fee 3~~431,~~928~~250.~~78 Pool Insurance Fee 0.~~00 ~~Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest~~ 5~~,893,659.23~~ ~~Realized~~0113834469 ~~Loss~~Jul-2005 ~~Amount~~01-Nov-2004 ~~0.00~~MI ~~Cumulative Realized Loss 0~~95.00 ~~Percentage of Cumulative Losses 0.0000 Prepayment Penalties 77~~198,~~711~~550.~~23 Special Servicing Fee 0.~~00 ~~Pass-Through Rate 5.250455~~

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · Structured Adjustable Rate Mortgage Loan Trust