8-K 1 hbv05004_10508.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): August 19, 2005 HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2005-4 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-121661-19 Pooling and Servicing Agreement) (Commission 54-2175555 (State or other File Number) 54-2175556 jurisdiction 54-2176689 of Incorporation) 54-6666941 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 August 19, 2005 a distribution was made to holders of HARBORVIEW MORTGAGE LOAN TRUST, Mortgage Loan Pass-Through Certificates, Series 2005-4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2005-4 Trust, relating to the August 19, 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. HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2005-4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/19/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2005-4 Trust, relating to the August 19, 2005 distribution. EX-99.1

HarborView Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Record Date: 68/301/052005 Distribution Date: 78/19/052005 HarborView Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Series 2005-4 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 A-R 41161PNB5 SEN 4.~~95328~~95947% 0.00 0.00 1-A 41161PMV2 SEN 5.~~08620~~07827% 5958,~~521~~073,~~961~~206.8806 ~~252~~245,~~283~~759.6278 2-A 41161PMW0 SEN 4.~~94305~~93525% 6359,~~604~~810,~~809~~493.3753 ~~262~~245,~~001~~982.6997 3-A-1 41161PMX8 SEN 5.~~17217~~17227% ~~260~~257,~~240~~678,~~379~~587.2038 1,~~121~~110,~~673~~652.9048 3-A-2 41161PMY6 SEN 5.~~17217~~17227% 9,~~438~~345,~~826~~911.9465 40,~~682~~282.7297 4-A 41161PMZ3 SEN 5.~~21762~~21650% 8280,~~425~~433,~~148~~243.5690 ~~358~~349,~~385~~649.6177 5-A 41161PNA7 SEN 5.43222% 24,~~599~~596,~~493~~557.9316 111,~~358~~344.1994 B-1 41161PNC3 SUB 5.~~15306~~15098% 12,~~978~~977,~~943~~910.7233 55,~~734~~707.3547 B-2 41161PND1 SUB 5.~~15306~~15098% 9,~~192~~191,~~251~~520.9000 39,~~473~~454.4945 B-3 41161PNE9 SUB 5.~~15306~~15098% 5,407,~~559~~129.9136 23,~~221~~210.2202 B-4 41161PNF6 SUB 5.~~15306~~15098% 4,325,~~647~~303.9655 18,~~575~~566.2530 B-5 41161PNG4 SUB 5.~~15306~~15098% 2,162,~~823~~651.9877 9,~~287~~283.6315 B-6 41161PNH2 SUB 5.~~15306~~15098% 2,162,~~823~~651.9877 9,~~287~~283.6315 B-7 41161PNJ8 SUB 5.~~15306~~15098% 1,625,~~152~~023.5111 6,~~978~~975.7539 P HBV05004P SEN 0.00000% 0.00 2714,~~561~~944.0725 Totals ~~537~~527,~~685~~790,~~823~~189.8457 2,~~336~~281,~~505~~097.1209

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-R 0.00 0.00 0.00 0.00 0.00 1-A 1,~~448~~360,~~755~~726.8225 0.00 5856,~~073~~712,~~206~~479.0680 1,~~701~~606,~~039~~486.4403 0.00 2-A 3,~~794~~551,~~315~~086.8379 0.00 5956,~~810~~259,~~493~~406.5374 43,~~056~~797,~~317~~069.5276 0.00 3-A-1 25,~~561~~526,~~791~~378.8377 0.00 ~~257~~252,~~678~~152,~~587~~208.3860 36,~~683~~637,~~465~~031.7325 0.00 3-A-2 92200,~~915~~439.2981 0.00 9,~~345~~145,~~911~~471.6584 ~~133~~240,~~598~~722.0178 0.00 4-A 1924,~~991,904~~075.6624 0.00 8079,~~433~~509,~~243~~168.9066 21,~~350~~273,~~290~~725.2701 0.00 5-A 212,~~936~~105.7748 0.00 24,~~596~~584,~~557~~451.1668 ~~114~~123,~~294~~450.9642 0.00 B-1 1,~~033~~053.4041 0.00 12,~~977~~976,~~910~~856.3392 56,~~767~~760.7588 0.00 B-2 ~~731~~746.9007 0.00 9,~~191~~190,~~520~~773.0093 40,~~205~~200.3952 0.00 B-3 ~~430~~438.5689 0.00 5,~~407~~406,~~129~~690.3646 23,~~651~~648.7891 0.00 B-4 ~~344~~351.4108 0.00 4,~~325~~324,~~303~~952.5547 18,~~919~~917.6638 0.00 B-5 ~~172~~175.2154 0.00 2,162,~~651~~476.7723 9,~~459~~458.8469 0.00 B-6 ~~172~~175.2154 0.00 2,162,~~651~~476.7723 9,~~459~~458.8469 0.00 B-7 ~~129~~131.4090 0.00 1,~~625~~624,~~023~~891.1121 7,~~108~~107.1529 0.00 P 0.00 0.00 0.00 2714,~~561~~944.0725 0.00 Totals 911,~~895~~577,~~634~~884.2977 0.00 ~~527~~516,~~790~~212,~~189~~304.5777 1213,~~232~~858,~~139~~981.4186 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) A-R 100.00 0.00 0.00 0.00 0.00 0.00 1-A 60,625,700.00 5958,~~521~~073,~~961~~206.8806 3,~~900~~685.3671 1,~~444~~357,~~855~~040.4654 0.00 0.00 2-A 63,615,000.00 6359,~~604~~810,~~809~~493.3753 6,~~028~~029.6795 3,~~788~~545,~~287~~056.1684 0.00 0.00 3-A-1 261,541,000.00 ~~260~~257,~~240~~678,~~379~~587.2038 21,~~578~~664.5111 25,~~540~~504,~~213~~714.3266 0.00 0.00 3-A-2 9,486,000.00 9,~~438~~345,~~826~~911.9465 ~~782~~785.6475 92199,~~132~~654.6406 0.00 0.00 4-A 83,085,000.00 8280,~~425~~433,~~148~~243.5690 7,~~203~~228.9409 1916,~~984,700~~847.7215 0.00 0.00 5-A 24,602,000.00 24,~~599~~596,~~493~~557.9316 ~~309~~310.0963 211,~~627~~794.6885 0.00 0.00 B-1 12,980,000.00 12,~~978~~977,~~943~~910.7233 1,~~033~~053.4041 0.00 0.00 0.00 B-2 9,193,000.00 9,~~192~~191,~~251~~520.9000 ~~731~~746.9007 0.00 0.00 0.00 B-3 5,408,000.00 5,407,~~559~~129.9136 ~~430~~438.5689 0.00 0.00 0.00 B-4 4,326,000.00 4,325,~~647~~303.9655 ~~344~~351.4108 0.00 0.00 0.00 B-5 2,163,000.00 2,162,~~823~~651.9877 ~~172~~175.2154 0.00 0.00 0.00 B-6 2,163,000.00 2,162,~~823~~651.9877 ~~172~~175.2154 0.00 0.00 0.00 B-7 1,625,284.77 1,625,~~152~~023.5111 ~~129~~131.4090 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 540,813,084.77 ~~537~~527,~~685~~790,~~823~~189.8457 42,~~817~~776.3067 911,~~852~~535,~~816~~108.9810 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 A-R 0.00 0.00 0.00000000 0.00 1-A 1,~~448~~360,~~755~~726.8225 5856,~~073~~712,~~206~~479.0680 0.~~95789749~~93545278 1,~~448~~360,~~755~~726.8225 2-A 3,~~794~~551,~~315~~086.8379 5956,~~810~~259,~~493~~406.5374 0.~~94019482~~88437329 3,~~794~~551,~~315~~086.8379 3-A-1 25,~~561~~526,~~791~~378.8377 ~~257~~252,~~678~~152,~~587~~208.3860 0.~~98523210~~96410203 25,~~561~~526,~~791~~378.8377 3-A-2 92200,~~915~~439.2981 9,~~345~~145,~~911~~471.6584 0.~~98523209~~96410203 92200,~~915~~439.2981 4-A 1924,~~991,904~~075.6624 8079,~~433~~509,~~243~~168.9066 0.~~96808382~~95696177 1924,~~991,904~~075.6624 5-A 212,~~936~~105.7748 24,~~596~~584,~~557~~451.1668 0.~~99977876~~99928671 212,~~936~~105.7748 B-1 1,~~033~~053.4041 12,~~977~~976,~~910~~856.3392 0.~~99983901~~99975785 1,~~033~~053.4041 B-2 ~~731~~746.9007 9,~~191~~190,~~520~~773.0093 0.~~99983901~~99975785 ~~731~~746.9007 B-3 ~~430~~438.5689 5,~~407~~406,~~129~~690.3646 0.~~99983901~~99975785 ~~430~~438.5689 B-4 ~~344~~351.4108 4,~~325~~324,~~303~~952.5547 0.~~99983901~~99975785 ~~344~~351.4108 B-5 ~~172~~175.2154 2,162,~~651~~476.7723 0.~~99983901~~99975785 ~~172~~175.2154 B-6 ~~172~~175.2154 2,162,~~651~~476.7723 0.~~99983901~~99975785 ~~172~~175.2154 B-7 ~~129~~131.4090 1,~~625~~624,~~023~~891.1121 0.~~99983901~~99975785 ~~129~~131.4090 P 0.00 0.00 0.00000000 0.00 Totals 911,~~895~~577,~~634~~884.2977 ~~527~~516,~~790~~212,~~189~~304.5777 0.~~97591979~~95451149 911,~~895~~577,~~634~~884.2977

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A 60,625,700.00 ~~981~~957.~~79422060~~89749331 0.~~06433509~~06079451 2322.~~83239220~~38391540 0.00000000 2-A 63,615,000.00 ~~999~~940.~~83980775~~19482088 0.~~09476806~~09478818 5955.~~55021866~~72674432 0.00000000 3-A-1 261,541,000.00 ~~995~~985.~~02708638~~23209508 0.~~08250527~~08283256 921.~~71248607~~04723412 0.00000000 3-A-2 9,486,000.00 ~~995~~985.~~02708623~~23209467 0.~~08250474~~08283260 921.~~71248577~~04723382 0.00000000 4-A 83,085,000.00 ~~992~~968.~~05811591~~08381657 0.~~08670566~~08699633 2311.~~88759367~~03505025 0.00000000 5-A 24,602,000.00 999.~~89813552~~77876433 0.~~01256361~~01262621 0.~~10680758~~47942647 0.00000000 B-1 12,980,000.00 999.~~91862250~~83900847 0.~~07961479~~08115639 0.00000000 0.00000000 B-2 9,193,000.00 999.~~91862287~~83900794 0.~~07961492~~08115631 0.00000000 0.00000000 B-3 5,408,000.00 999.~~91862241~~83900888 0.~~07961538~~08115570 0.00000000 0.00000000 B-4 4,326,000.00 999.~~91862228~~83900832 0.~~07961396~~08115580 0.00000000 0.00000000 B-5 2,163,000.00 999.~~91862228~~83900601 0.~~07961627~~08115580 0.00000000 0.00000000 B-6 2,163,000.00 999.~~91862228~~83900601 0.~~07961627~~08115580 0.00000000 0.00000000 B-7 1,625,284.77 999.~~91862349~~83900667 0.~~07961682~~08115501 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A 0.00000000 2322.~~89672730~~44470992 ~~957~~935.~~89749331~~45278323 0.~~95789749~~93545278 2322.~~89672730~~44470992 2-A 0.00000000 5955.~~64498672~~82153250 ~~940~~884.~~19482088~~37328838 0.~~94019482~~88437329 5955.~~64498672~~82153250 3-A-1 0.00000000 921.~~79499134~~13006668 ~~985~~964.~~23209508~~10202836 0.~~98523210~~96410203 921.~~79499134~~13006668 3-A-2 0.00000000 921.~~79499157~~13006641 ~~985~~964.~~23209467~~10202825 0.~~98523209~~96410203 921.~~79499157~~13006641 4-A 0.00000000 2311.~~97429933~~12204658 ~~968~~956.~~08381657~~96176999 0.~~96808382~~95696177 2311.~~97429933~~12204658 5-A 0.00000000 0.~~11937119~~49205268 999.~~77876433~~28671165 0.~~99977876~~99928671 0.~~11937119~~49205268 B-1 0.00000000 0.~~07961479~~08115639 999.~~83900847~~75785208 0.~~99983901~~99975785 0.~~07961479~~08115639 B-2 0.00000000 0.~~07961492~~08115631 999.~~83900794~~75785163 0.~~99983901~~99975785 0.~~07961492~~08115631 B-3 0.00000000 0.~~07961538~~08115570 999.~~83900888~~75785133 0.~~99983901~~99975785 0.~~07961538~~08115570 B-4 0.00000000 0.~~07961396~~08115580 999.~~83900832~~75785252 0.~~99983901~~99975785 0.~~07961396~~08115580 B-5 0.00000000 0.~~07961627~~08115580 999.~~83900601~~75785021 0.~~99983901~~99975785 0.~~07961627~~08115580 B-6 0.00000000 0.~~07961627~~08115580 999.~~83900601~~75785021 0.~~99983901~~99975785 0.~~07961627~~08115580 B-7 0.00000000 0.~~07961682~~08115501 999.~~83900667~~75785167 0.~~99983901~~99975785 0.~~07961682~~08115501 P 0.00000000 0.00000000 0.00000000 0.00000000 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 A-R 100.00 4.~~95328~~95947% 0.00 0.00 0.00 0.00 1-A 60,625,700.00 5.~~08620~~07827% 5958,~~521~~073,~~961~~206.8806 ~~252~~245,~~283~~759.6278 0.00 0.00 2-A 63,615,000.00 4.~~94305~~93525% 6359,~~604~~810,~~809~~493.3753 ~~262~~245,~~001~~982.6997 0.00 0.00 3-A-1 261,541,000.00 5.~~17217~~17227% ~~260~~257,~~240~~678,~~379~~587.2038 1,~~121~~110,~~673~~652.9048 0.00 0.00 3-A-2 9,486,000.00 5.~~17217~~17227% 9,~~438~~345,~~826~~911.9465 40,~~682~~282.7297 0.00 0.00 4-A 83,085,000.00 5.~~21762~~21650% 8280,~~425~~433,~~148~~243.5690 ~~358~~349,~~385~~649.6177 0.00 0.00 5-A 24,602,000.00 5.43222% 24,~~599~~596,~~493~~557.9316 111,~~358~~344.1994 0.00 0.00 B-1 12,980,000.00 5.~~15306~~15098% 12,~~978~~977,~~943~~910.7233 55,~~734~~707.3547 0.00 0.00 B-2 9,193,000.00 5.~~15306~~15098% 9,~~192~~191,~~251~~520.9000 39,~~473~~454.4945 0.00 0.00 B-3 5,408,000.00 5.~~15306~~15098% 5,407,~~559~~129.9136 23,~~221~~210.2202 0.00 0.00 B-4 4,326,000.00 5.~~15306~~15098% 4,325,~~647~~303.9655 18,~~575~~566.2530 0.00 0.00 B-5 2,163,000.00 5.~~15306~~15098% 2,162,~~823~~651.9877 9,~~287~~283.6315 0.00 0.00 B-6 2,163,000.00 5.~~15306~~15098% 2,162,~~823~~651.9877 9,~~287~~283.6315 0.00 0.00 B-7 1,625,284.77 5.~~15306~~15098% 1,625,~~152~~023.5111 6,~~978~~975.7539 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 540,813,084.77 2,~~308~~266,~~944~~152.0584 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 A-R 0.00 0.00 0.00 0.00 0.00 1-A 0.00 0.00 ~~252~~245,~~283~~759.6278 0.00 5856,~~073~~712,~~206~~479.0680 2-A 0.00 0.00 ~~262~~245,~~001~~982.6997 0.00 5956,~~810~~259,~~493~~406.5374 3-A-1 0.00 0.00 1,~~121~~110,~~673~~652.9048 0.00 ~~257~~252,~~678~~152,~~587~~208.3860 3-A-2 0.00 0.00 40,~~682~~282.7297 0.00 9,~~345~~145,~~911~~471.6584 4-A 0.00 0.00 ~~358~~349,~~385~~649.6177 0.00 8079,~~433~~509,~~243~~168.9066 5-A 0.00 0.00 111,~~358~~344.1994 0.00 24,~~596~~584,~~557~~451.1668 B-1 0.00 0.00 55,~~734~~707.3547 0.00 12,~~977~~976,~~910~~856.3392 B-2 0.00 0.00 39,~~473~~454.4945 0.00 9,~~191~~190,~~520~~773.0093 B-3 0.00 0.00 23,~~221~~210.2202 0.00 5,~~407~~406,~~129~~690.3646 B-4 0.00 0.00 18,~~575~~566.2530 0.00 4,~~325~~324,~~303~~952.5547 B-5 0.00 0.00 9,~~287~~283.6315 0.00 2,162,~~651~~476.7723 B-6 0.00 0.00 9,~~287~~283.6315 0.00 2,162,~~651~~476.7723 B-7 0.00 0.00 6,~~978~~975.7539 0.00 1,~~625~~624,~~023~~891.1121 P 0.00 0.00 2714,~~561~~944.0725 0.00 0.00 Totals 0.00 0.00 2,~~336~~281,~~505~~097.1209 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 A-R 100.00 4.~~95328~~95947% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 60,625,700.00 5.~~08620~~07827% ~~981~~957.~~79422060~~89749331 4.~~16133125~~05372276 0.00000000 0.00000000 2-A 63,615,000.00 4.~~94305~~93525% ~~999~~940.~~83980775~~19482088 43.~~11855207~~86674479 0.00000000 0.00000000 3-A-1 261,541,000.00 5.~~17217~~17227% ~~995~~985.~~02708638~~23209508 4.~~28871152~~24657121 0.00000000 0.00000000 3-A-2 9,486,000.00 5.~~17217~~17227% ~~995~~985.~~02708623~~23209467 4.~~28871179~~24657074 0.00000000 0.00000000 4-A 83,085,000.00 5.~~21762~~21650% ~~992~~968.~~05811591~~08381657 4.~~31348149~~20833809 0.00000000 0.00000000 5-A 24,602,000.00 5.43222% 999.~~89813552~~77876433 4.~~52638769~~52584912 0.00000000 0.00000000 B-1 12,980,000.00 5.~~15306~~15098% 999.~~91862250~~83900847 4.~~29386364~~29179276 0.00000000 0.00000000 B-2 9,193,000.00 5.~~15306~~15098% 999.~~91862287~~83900794 4.~~29386381~~29179267 0.00000000 0.00000000 B-3 5,408,000.00 5.~~15306~~15098% 999.~~91862241~~83900888 4.~~29386464~~29179364 0.00000000 0.00000000 B-4 4,326,000.00 5.~~15306~~15098% 999.~~91862228~~83900832 4.~~29386269~~29179380 0.00000000 0.00000000 B-5 2,163,000.00 5.~~15306~~15098% 999.~~91862228~~83900601 4.~~29386500~~29179380 0.00000000 0.00000000 B-6 2,163,000.00 5.~~15306~~15098% 999.~~91862228~~83900601 4.~~29386500~~29179380 0.00000000 0.00000000 B-7 1,625,284.77 5.~~15306~~15098% 999.~~91862349~~83900667 4.~~29386291~~29179558 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A 0.00000000 0.00000000 4.~~16133125~~05372276 0.00000000 ~~957~~935.~~89749331~~45278323 2-A 0.00000000 0.00000000 43.~~11855207~~86674479 0.00000000 ~~940~~884.~~19482088~~37328838 3-A-1 0.00000000 0.00000000 4.~~28871152~~24657121 0.00000000 ~~985~~964.~~23209508~~10202836 3-A-2 0.00000000 0.00000000 4.~~28871179~~24657074 0.00000000 ~~985~~964.~~23209467~~10202825 4-A 0.00000000 0.00000000 4.~~31348149~~20833809 0.00000000 ~~968~~956.~~08381657~~96176999 5-A 0.00000000 0.00000000 4.~~52638769~~52584912 0.00000000 999.~~77876433~~28671165 B-1 0.00000000 0.00000000 4.~~29386364~~29179276 0.00000000 999.~~83900847~~75785208 B-2 0.00000000 0.00000000 4.~~29386381~~29179267 0.00000000 999.~~83900794~~75785163 B-3 0.00000000 0.00000000 4.~~29386464~~29179364 0.00000000 999.~~83900888~~75785133 B-4 0.00000000 0.00000000 4.~~29386269~~29179380 0.00000000 999.~~83900832~~75785252 B-5 0.00000000 0.00000000 4.~~29386500~~29179380 0.00000000 999.~~83900601~~75785021 B-6 0.00000000 0.00000000 4.~~29386500~~29179380 0.00000000 999.~~83900601~~75785021 B-7 0.00000000 0.00000000 4.~~29386291~~29179558 0.00000000 999.~~83900667~~75785167 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 1213,~~345~~967,~~554~~332.0241 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 920,~~001~~773.0353 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1213,~~354~~988,~~555~~105.0594 Withdrawals Reimbursement for Servicer Advances 09,001.0003 Payment of Service Fee ~~122~~120,~~415~~123.6405 Payment of Interest and Principal 1213,~~232~~858,~~139~~981.4186 Total Withdrawals (Pool Distribution Amount) 1213,~~354~~988,~~555~~105.0594 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~112~~110,~~258~~196.3265 LPMI 43,~~108~~988.3575 Master Servicing Fee 65,~~048~~937.9765 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~122~~120,~~415~~123.6405

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 183,~~640~~751.2265 183,~~640~~751.2265 0.00 Reserve Fund 0.00 07,380.00 07,380.00 0.00 Reserve Fund 0.00 83,~~920~~812.8560 83,~~920~~812.8560 0.00 Reserve Fund 0.00 0.00 0.00 0.00 Reserve Fund 0.00 0.00 0.00 0.00

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 918 0 0 0 918 13,~~498~~792,~~990~~879.7713 0.00 0.00 0.00 13,~~498~~792,~~990~~879.7713 60 Days 23 0 0 0 23 ~~497~~640,~~450~~040.0082 0.00 0.00 0.00 ~~497~~640,~~450~~040.0082 90 Days 01 0 0 0 01 0137,800.00 0.00 0.00 0.00 0137,800.00 120 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 1122 0 0 0 1122 14,~~996~~570,~~440~~719.7795 0.00 0.00 0.00 14,~~996~~570,~~440~~719.7795 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 0.~~472441~~964114% 0.000000% 0.000000% 0.000000% 0.~~472441~~964114% 0.~~283996~~734703% 0.000000% 0.000000% 0.000000% 0.~~283996~~734703% 60 Days 0.~~104987~~160686% 0.000000% 0.000000% 0.000000% 0.~~104987~~160686% 0.~~094246~~123980% 0.000000% 0.000000% 0.000000% 0.~~094246~~123980% 90 Days 0.~~000000~~053562% 0.000000% 0.000000% 0.000000% 0.~~000000~~053562% 0.~~000000~~026693% 0.000000% 0.000000% 0.000000% 0.~~000000~~026693% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~577428~~178361% 0.000000% 0.000000% 0.000000% 01.~~577428~~178361% 0.~~378242~~885376% 0.000000% 0.000000% 0.000000% 0.~~378242~~885376%

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 2 0 0 0 2 ~~313~~450,~~600~~000.00 0.00 0.00 0.00 ~~313~~450,~~600~~000.00 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 2 0 0 0 2 ~~313~~450,~~600~~000.00 0.00 0.00 0.00 ~~313~~450,~~600~~000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~757576~~775194% 0.000000% 0.000000% 0.000000% 0.~~757576~~775194% 0.~~500649~~734354% 0.000000% 0.000000% 0.000000% 0.~~500649~~734354% 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.~~757576~~775194% 0.000000% 0.000000% 0.000000% 0.~~757576~~775194% 0.~~500649~~734354% 0.000000% 0.000000% 0.000000% 0.~~500649~~734354% 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 716 0 0 0 716 13,~~185~~342,~~390~~879.7713 0.00 0.00 0.00 13,~~185~~342,~~390~~879.7713 60 Days 23 0 0 0 23 ~~497~~640,~~450~~040.0082 0.00 0.00 0.00 ~~497~~640,~~450~~040.0082 90 Days 01 0 0 0 01 0137,800.00 0.00 0.00 0.00 0137,800.00 120 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 920 0 0 0 920 14,~~682~~120,~~840~~719.7795 0.00 0.00 0.00 14,~~682~~120,~~840~~719.7795 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~543478~~265823% 0.000000% 0.000000% 0.000000% 01.~~543478~~265823% 01.~~412394~~186633% 0.000000% 0.000000% 0.000000% 01.~~412394~~186633% 60 Days 0.~~155280~~237342% 0.000000% 0.000000% 0.000000% 0.~~155280~~237342% 0.~~173061~~227197% 0.000000% 0.000000% 0.000000% 0.~~173061~~227197% 90 Days 0.~~000000~~079114% 0.000000% 0.000000% 0.000000% 0.~~000000~~079114% 0.~~000000~~048915% 0.000000% 0.000000% 0.000000% 0.~~000000~~048915% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~698758~~582278% 0.000000% 0.000000% 0.000000% 01.~~698758~~582278% 01.~~585455~~462746% 0.000000% 0.000000% 0.000000% 01.~~585455~~462746% 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 920,~~001~~773.0353

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 170,878.00 0.03159650% 170,878.00 0.~~03237612~~03310227% Fraud 16,224,393.00 3.00000008% 16,224,393.00 3.~~07402322~~14296906% Special Hazard 5,408,131.00 1.00000003% 5,408,131.00 1.~~02467441~~04765635% Limit of Subordinate's Exposure to Certain Types of Losses

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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. 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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 Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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 Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-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.

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~426275~~425509% Weighted Average Net Coupon 5.~~175738~~174962% Weighted Average Pass-Through Rate 5.~~153069~~152394% Weighted Average Maturity(Stepdown Calculation) ~~358~~357 Beginning Scheduled Collateral Loan Count 1,~~931~~905 Number Of Loans Paid In Full 2638 Ending Scheduled Collateral Loan Count 1,~~905~~867 Beginning Scheduled Collateral Balance ~~537~~527,~~685~~790,~~823~~189.8558 Ending Scheduled Collateral Balance ~~527~~516,~~790~~212,~~189~~304.5880 Ending Actual Collateral Balance at 3001-~~Jun~~Aug-2005 ~~527~~516,~~821~~246,~~550~~429.2622 Monthly P&I Constant 2,~~474~~429,~~176~~052.3902 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 42,~~817~~776.2968 Unscheduled Principal 911,~~852~~535,~~816~~108.9810

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~359701~~352009 5.~~206553~~198746 5.~~450458~~450190 Weighted Average Net Rate 5.~~109701~~102010 4.~~956553~~948746 5.~~200458~~200190 Weighted Average Maturity ~~356~~ 355 ~~356~~354 355 Beginning Loan Count ~~269~~264 ~~136~~130 1,~~299~~288 Loans Paid In Full 56 6 1124 Ending Loan Count ~~264~~258 ~~130~~124 1,~~288~~264 Beginning Scheduled Balance 6462,~~084~~635,~~897~~842.2543 6864,~~393~~598,~~493~~723.5381 ~~290~~287,~~077~~421,~~473~~074.2778 Ending Scheduled Balance 6261,~~635~~274,~~842~~826.4360 6461,~~598~~047,~~723~~154.8128 ~~287~~281,~~421~~692,~~074~~541.7837 Record Date 0608/3001/2005 0608/3001/2005 0608/3001/2005 Principal And Interest Constant ~~290~~283,~~429~~331.2864 ~~303~~286,~~227~~373.8701 1,~~341~~329,~~598~~580.4298 Scheduled Principal 43,~~199~~975.3629 6,~~482~~512.5669 24,~~052~~164.5369 Unscheduled Principal 1,~~444~~357,~~855~~040.4654 3,~~788~~545,~~287~~056.1684 25,~~632~~704,~~345~~368.9672 Scheduled Interest ~~286~~279,~~229~~356.9235 ~~296~~279,~~745~~860.3132 1,~~317~~305,~~545~~416.8929 Servicing Fees 13,~~351~~049.0213 1413,~~248~~458.6407 6059,~~432~~879.8139 Master Servicing Fees ~~720~~704.9665 ~~769~~726.4374 3,~~263~~233.3749 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 534.3321 0.00 3,~~574~~454.0254 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 ~~271~~265,~~623~~068.6136 ~~281~~265,~~727~~675.2451 1,~~250~~238,~~275~~848.6987 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.~~086196~~078275 4.~~943053~~935246 5.~~172173~~172267

Group Level Collateral Statement Group 4 5 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~481115~~479996 5.~~706624~~706625 5.~~426275~~425509 Weighted Average Net Rate 5.~~231115~~229996 5.~~445717~~445719 5.~~175738~~174962 Weighted Average Maturity ~~355~~ 354 ~~358~~353 357 Beginning Loan Count ~~176~~172 51 1,~~931~~905 Loans Paid In Full 42 0 2638 Ending Loan Count ~~172~~170 51 1,~~905~~867 Beginning Scheduled Balance 8886,~~678~~686,~~457~~005.0585 26,~~451~~448,~~502~~542.7571 ~~537~~527,~~685~~790,~~823~~189.8558 Ending scheduled Balance 8685,~~686~~761,~~005~~368.8571 26,~~448~~436,~~542~~413.7184 ~~527~~516,~~790~~212,~~189~~304.5880 Record Date 0608/3001/2005 0608/3001/2005 0608/3001/2005 Principal And Interest Constant ~~412~~403,~~797~~655.8078 126,~~123~~110.0261 2,~~474~~429,~~176~~052.3902 Scheduled Principal 7,~~750~~789.4899 ~~332~~334.3602 42,~~817~~776.2968 Unscheduled Principal 1916,~~984,700~~847.7215 211,~~627~~794.6885 911,~~852~~535,~~816~~108.9810 Scheduled Interest ~~405~~395,~~047~~865.3279 125,~~790~~776.6659 2,~~431~~386,~~359~~275.1034 Servicing Fees 18,~~474~~059.6858 5,~~751~~750.1748 ~~112~~110,~~258~~196.3265 Master Servicing Fees ~~997~~975.6322 297.5855 65,~~048~~937.9765 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 43,~~108~~988.3575 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 ~~385~~376,~~575~~830.0199 119,~~741~~728.9156 2,~~308~~266,~~943~~152.4629 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.~~217615~~216496 5.~~432217~~432219 5.~~153069~~152394

Miscellaneous Reporting Group 1 Senior % 920.~~8799~~927156% Senior Prepayment % ~~100~~1.000000% Subordinate Prepayment % 0.000000% Subordinate % 7289.~~1201~~575458% Group 2 Senior % 920.~~9983~~925877% Senior Prepayment % ~~100~~1.000000% Subordinate Prepayment % 0.000000% Subordinate % 7482.~~0017~~738011% Group 3 Senior % 920.~~9680~~929036% Senior Prepayment % ~~100~~1.000000% Subordinate Prepayment % 0.000000% Subordinate % 71714.~~032~~825297%

Miscellaneous Reporting Group 4 Senior % 920.~~9483~~927869% Senior Prepayment % ~~100~~1.000000% Subordinate Prepayment % 0.000000% Subordinate % 7561.~~0517~~900997% Group 5 Senior % 920.~~9985~~929978% Senior Prepayment % ~~100~~1.000000% Subordinate Prepayment % 0.000000% Subordinate % 723.~~0015~~388820%

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance 1 56 1,~~442~~353,~~099~~240.00 1,~~440~~353,~~673~~117.1301 0 0.00 0.00 2 6 32,~~785~~817,000.00 32,~~783~~816,~~021~~633.5135 0 0.00 0.00 3 1124 25,~~478~~679,~~673~~053.00 25,~~478~~674,~~365~~879.5091 0 0.00 0.00 4 42 1906,~~979,~~500.00 1906,~~978,428~~398.5958 0 0.00 0.00 5 0 0.00 0.00 0 0.00 0.00 Total 2638 910,~~685~~755,~~272~~793.00 910,~~680~~751,~~488~~028.7385 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount 1 0 0.00 0.00 0 0.00 0.00 43,~~423~~923.8153 2 0 0.00 0.00 0 0.00 0.00 5728,~~265~~423.6549 3 0 0.00 0.00 0 0.00 0.00 ~~153~~30,~~980~~096.4693 4 0 0.00 0.00 0 0.00 0.00 610,~~272~~448.1357 5 0 0.00 0.00 0 0.00 0.00 211,~~627~~794.6885 Total 0 0.00 0.00 0 0.00 0.00 ~~172~~784,~~569~~687.7337

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 ~~9041116005~~0090382294 FL 52.33 01-May-2005 112,500.00 112,459.74 1 0090827186 FL 80.00 01-May-2005 259,200.00 259,143.30 1 9041155664 CA 6480.7900 01-Jan-2005 ~~230~~324,~~000~~800.00 ~~228~~324,~~332~~800.6600 1 ~~9041349804~~9041255407 AZNV 5975.7779 01-~~Mar~~Feb-2005 ~~260~~166,~~000~~740.00 ~~260~~166,~~000~~740.00 1 ~~9041373804~~9041324591 CA 7574.0036 01-Mar-2005 ~~300~~290,000.00 ~~300~~289,~~000~~973.0097 1 ~~9041492174~~9041329962 CA 9067.0080 01-~~May~~Apr-2005 ~~310~~200,~~099~~000.00 ~~310~~200,~~099~~000.00 12 ~~9041529942~~9032768871 CA 9049.0048 01-May-2005 ~~342~~430,000.00 ~~341~~430,~~999~~000.9900 2 ~~9041068180~~9041118787 CA 7580.00 01-Dec-2004 ~~750~~360,000.00 ~~748~~360,~~109~~000.3100 2 ~~9041218538~~9041133497 CA 6880.4200 01-~~Feb~~Jan-2005 ~~390~~372,000.00 ~~390~~372,000.00 2 ~~9041356965~~9041287657 WA 78.79 01-Mar-2005 650,000.00 649,633.34 2 9041414970 CA 6374.7031 01-Apr-2005 ~~465~~405,000.00 ~~465~~405,000.01 2 ~~9041513193~~9041516915 CA 7376.5382 01-May-2005 ~~500~~600,000.00 ~~499~~600,~~912~~000.1900 23 ~~9041548033~~0044539791 IL 90.00 01-Jan-2005 233,761.00 231,821.41 3 0044564482 KY 79.99 01-May-2005 198,750.00 198,720.00 3 0044565690 FL 80.00 01-May-2005 215,360.00 215,360.00 3 0080001489 CA 6479.1798 01-~~Jun~~Apr-2005 ~~770~~208,400.00 208,400.00 3 0081103954 CA 59.45 01-Apr-2005 359,650.00 359,650.00 3 0081274560 AZ 80.00 01-May-2005 336,000.00 ~~770~~336,000.00 23 ~~9041610569~~0081655619 CA 7079.0023 01-~~Jun~~Apr-2005 ~~910~~328,000.00 ~~910~~328,000.00 3 ~~0080455785~~0081667525 AZGA 7580.00 01-~~Mar~~May-2005 ~~112~~242,~~500~~472.00 ~~112~~242,~~500~~472.00 3 ~~0080909810~~0082314901 GAAZ 5364.6815 01-~~Apr~~May-2005 ~~255~~170,000.00 ~~255~~170,000.00 3 ~~0083463690~~0084788761 CAAZ 7980.6100 01-May-2005 ~~327~~156,~~512~~000.00 ~~327~~156,~~512~~000.00 3 ~~0087369912~~0084949234 CAMI 80.00 01-May-2005 ~~231~~267,~~920~~600.00 ~~231~~267,~~920~~525.00 3 ~~0090886805~~0086176202 AZWI 80.00 01-May-2005 ~~116~~106,~~141~~400.00 ~~116~~106,~~141~~400.00 3 ~~0091338566~~0087794839 FLNC 6479.9939 01-May-2005 ~~268~~112,~~100~~800.00 ~~268~~112,~~100~~800.00 3 ~~0096604291~~0089368991 HICA 9590.00 01-~~May~~Apr-2005 ~~218~~314,~~500~~910.00 ~~218~~314,~~500~~910.00 3 ~~0098077186~~0089491820 ILSC 8072.18 01-May-2005 148,700.00 147,548.06 3 0090049461 CA 48.15 01-May-2005 ~~216~~325,000.00 ~~216~~325,000.00 3 ~~9041130899~~0090063622 CA 8067.20 01-May-2005 336,000.00 336,000.00 3 0090083526 CA 58.56 01-~~Jan~~May-2005 ~~236~~325,000.00 ~~235~~325,~~794~~000.4300 3 ~~9041181165~~0090369676 AZ 8580.9600 01-~~Jan~~May-2005 ~~150~~317,600.00 317,600.00 3 0090625270 IL 80.00 01-May-2005 164,000.00 ~~149~~163,~~898~~999.0700 3 ~~9041240128~~0091748676 CANV 7340.0556 01-~~Feb~~May-2005 ~~347~~230,000.00 ~~347~~230,000.00 43 ~~9041268673~~0094929430 CAGA 6633.0050 01-~~Feb~~May-2005 ~~587~~80,400.00 ~~587~~80,400.00 43 ~~9041295718~~9041172693 CA 7874.3147 01-~~Mar~~Jan-2005 ~~650~~175,000.00 ~~650~~173,~~000~~416.32 3 9041341041 AZ 85.00 01-Mar-2005 327,250.00 327,250.00 4 ~~9041349010~~9041250606 CA 7580.00 01-~~Apr~~Feb-2005 ~~412~~464,~~500~~000.00 ~~411~~464,~~428~~000.5900 4 ~~9041509654~~9041312273 CA 8075.00 01-~~Jun~~Mar-2005 ~~329~~442,~~600~~500.00 ~~329~~442,~~600~~398.0058

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 ~~9041116005~~0090382294 Loan Paid in Full 0(1) 5.~~875~~000% 360 63 1 ~~9041349804~~0090827186 Loan Paid in Full 0 65.~~125~~250% 360 43 1 ~~9041373804~~9041155664 Loan Paid in Full 0(1) 54.~~750~~625% 360 47 1 ~~9041492174~~9041255407 Loan Paid in Full 0 5.~~500~~625% 360 26 1 ~~9041529942~~9041324591 Loan Paid in Full 0 5.~~375~~125% 360 25 21 ~~9041068180~~9041329962 Loan Paid in Full (1) 5.000% 360 74 2 ~~9041218538~~9032768871 Loan Paid in Full 0 5.250% 360 3 2 9041118787 Loan Paid in Full 0 5.125% 360 8 2 ~~9041356965~~9041133497 Loan Paid in Full 0 5.~~250~~000% 360 37 2 ~~9041513193~~9041287657 Loan Paid in Full 0 5.~~500~~000% 360 5 2 9041414970 Loan Paid in Full 0 5.250% 360 4 2 ~~9041548033~~9041516915 Loan Paid in Full 0 5.625% 360 13 23 ~~9041610569~~0044539791 Loan Paid in Full 0 5.~~375~~875% 360 17 3 ~~0080455785~~0044564482 Loan Paid in Full 0 5.~~125~~000% 360 43 3 ~~0080909810~~0044565690 Loan Paid in Full (1) 5.~~125~~500% 360 3 3 ~~0083463690~~0080001489 Loan Paid in Full 0 5.375% 360 24 3 ~~0087369912~~0081103954 Loan Paid in Full ~~(1)~~0 5.~~375~~125% 360 24 3 ~~0090886805~~0081274560 Loan Paid in Full 0 5.500% 360 23 3 ~~0091338566~~0081655619 Loan Paid in Full 0 6.000% 360 4 3 0081667525 Loan Paid in Full 0 5.~~875~~625% 360 23 3 ~~0096604291~~0082314901 Loan Paid in Full 0 5.~~750~~250% 360 23 3 ~~0098077186~~0084788761 Loan Paid in Full 0 5.~~375~~750% 360 23 3 ~~9041130899~~0084949234 Loan Paid in Full 0 5.~~875~~500% 360 3 3 0086176202 Loan Paid in Full 0 6.125% 360 3 ~~9041181165~~3 0087794839 Loan Paid in Full 0 5.250% 360 3 3 0089368991 Loan Paid in Full 0 5.750% 360 4 3 0089491820 Loan Paid in Full 0 5.625% 360 63 3 ~~9041240128~~0090049461 Loan Paid in Full 0 5.250% 360 3 3 0090063622 Loan Paid in Full (1) 5.500% 360 3 3 0090083526 Loan Paid in Full (1) 5.375% 360 3 3 0090369676 Loan Paid in Full 0 5.750% 4360 ~~9041268673~~3 3 0090625270 Loan Paid in Full 0 5.~~375~~625% 360 3 3 0091748676 Loan Paid in Full 0 5.125% 4360 ~~9041295718~~3 3 0094929430 Loan Paid in Full (1) 5.000% 360 3 3 9041172693 Loan Paid in Full 0 5.500% 360 7 3 9041341041 Loan Paid in Full 0 5.375% 360 45 4 ~~9041349010~~9041250606 Loan Paid in Full 0 5.~~625~~750% 360 36 4 ~~9041509654~~9041312273 Loan Paid in Full 0 65.~~000~~500% 360 15

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 12.~~833~~186% Current Month 1923.~~905~~294% Current Month 32,~~211~~844.~~013~~127% 3 Month Average 01.~~000~~529% 3 Month Average 016.~~000~~610% 3 Month Average 02,544.~~000~~271% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 6.631% N/A Jun-2005 1,577.672% N/A Jul-2005 19.905% N/A Jul-2005 3,211.013% N/A Aug-2005 23.294% N/A Aug-2005 2,844.127% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 SMM CPR PSA Current Month 2.~~255~~167% Current Month 23.~~941~~115% Current Month 32,~~552~~652.~~724~~271% 3 Month Average 02.~~000~~036% 3 Month Average 021.~~000~~840% 3 Month Average 03,366.~~000~~446% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 18.462% N/A Jun-2005 3,894.345% N/A Jul-2005 23.941% N/A Jul-2005 3,552.724% N/A Aug-2005 23.115% N/A Aug-2005 2,652.271% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 5.~~539~~488% Current Month 49.~~533~~205% Current Month 65,~~430~~068.~~341~~958% 3 Month Average 03.~~000~~678% 3 Month Average 032.~~000~~937% 3 Month Average 03,837.~~000~~471% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.074% N/A Jun-2005 13.113% N/A Jul-2005 49.533% N/A Jul-2005 6,430.341% N/A Aug-2005 49.205% N/A Aug-2005 5,068.958% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 3 SMM CPR PSA Current Month 01.~~908~~985% Current Month 1021.~~363~~383% Current Month 23,~~029~~010.~~567~~184% 3 Month Average 01.~~000~~116% 3 Month Average 012.~~000~~357% 3 Month Average 02,249.~~000~~199% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 5.324% N/A Jun-2005 1,707.846% N/A Jul-2005 10.363% N/A Jul-2005 2,029.567% N/A Aug-2005 21.383% N/A Aug-2005 3,010.184% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 4 SMM CPR PSA Current Month 21.~~238~~058% Current Month 2311.~~788~~980% Current Month 31,~~302~~304.~~756~~600% 3 Month Average 01.~~000~~342% 3 Month Average 014.~~000~~728% 3 Month Average 02,075.~~000~~029% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 8.415% N/A Jun-2005 1,617.730% N/A Jul-2005 23.788% N/A Jul-2005 3,302.756% N/A Aug-2005 11.980% N/A Aug-2005 1,304.600% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 5 SMM CPR PSA Current Month 0.~~010~~045% Current Month 0.~~119~~534% Current Month 1245.~~117~~113% 3 Month Average 0.~~000~~021% 3 Month Average 0.~~000~~251% 3 Month Average 023.~~000~~319% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.100% N/A Jun-2005 12.728% N/A Jul-2005 0.119% N/A Jul-2005 12.117% N/A Aug-2005 0.534% N/A Aug-2005 45.113% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary

MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 4 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 5 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Filing Compare · HarborView Mortgage Loan Trust 2005-4