8-K 1 hbm05002_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 25, 2005 HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121040-02 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) 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 25, 2005 a distribution was made to holders of HOMEBANC MORTGAGE TRUST, Mortgage-Backed Notes, Series 2005-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2005-2 Trust, relating to the August 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. HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, Series 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2005-2 Trust, relating to the August 25, 2005 distribution. EX-99.1

HomeBanc Mortgage Trust Mortgage-Backed Notes Record Date: 67/3029/2005 Distribution Date: 78/25/2005 HomeBanc Mortgage Trust Mortgage-Backed Notes Series 2005-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution A-1 43739EAZ0 SEN 3.~~52438~~67000% ~~130~~124,~~381~~877,~~041~~696.2248 ~~357~~394,~~398~~648.4821 M-1 43739EBA4 SUB 3.~~76438~~91000% 10,737,000.00 3136,~~436~~150.3488 M-2 43739EBB2 SUB 3.~~80438~~95000% 3,080,000.00 910,~~113~~476.6028 M-3 43739EBC0 SUB 34.~~99438~~14000% 5,633,000.00 1720,~~500~~081.2765 M-4 43739EBD8 SUB 4.~~03438~~18000% 2,464,000.00 78,~~731~~869.6703 B-1 43739EBE6 SUB 4.~~56438~~71000% 2,112,000.00 78,~~497~~565.7592 B-2 43739EBF3 SUB 4.~~71438~~86000% 1,760,000.00 67,~~453~~365.4660 B-3 43739EBG1 SUB 5.~~21438~~36000% 1,761,000.00 78,~~141~~127.9699 B-4 43739EBH9 SUB 5.~~36438~~51000% 1,232,000.00 5,~~140~~845.2750 OC HBM0502OC OC 0.00000% 5,104,478.33 0.00 OT HBM0502OT OT 0.00000% 0.00 ~~382~~327,~~758~~141.4657 Totals ~~164~~158,~~264~~761,~~519~~174.5581 ~~832~~827,~~172~~272.2663

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1 5,~~503~~216,~~344~~498.7420 0.00 ~~124~~119,~~877~~661,~~696~~198.4828 5,~~860~~611,~~743~~146.2241 0.00 M-1 0.00 0.00 10,737,000.00 3136,~~436~~150.3488 0.00 M-2 0.00 0.00 3,080,000.00 910,~~113~~476.6028 0.00 M-3 0.00 0.00 5,633,000.00 1720,~~500~~081.2765 0.00 M-4 0.00 0.00 2,464,000.00 78,~~731~~869.6703 0.00 B-1 0.00 0.00 2,112,000.00 78,~~497~~565.7592 0.00 B-2 0.00 0.00 1,760,000.00 67,~~453~~365.4660 0.00 B-3 0.00 0.00 1,761,000.00 78,~~141~~127.9699 0.00 B-4 0.00 0.00 1,232,000.00 5,~~140~~845.2750 0.00 OC 0.00 0.00 5,104,478.33 0.00 0.00 OT 0.00 0.00 0.00 ~~382~~327,~~758~~141.4657 0.00 Totals 5,~~503~~216,~~344~~498.7420 0.00 ~~158~~153,~~761~~544,~~174~~676.8161 6,~~335~~043,~~517~~770.0083 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-1 142,133,000.00 ~~130~~124,~~381~~877,~~041~~696.2248 0.00 5,~~503~~216,~~344~~498.7420 0.00 0.00 M-1 10,737,000.00 10,737,000.00 0.00 0.00 0.00 0.00 M-2 3,080,000.00 3,080,000.00 0.00 0.00 0.00 0.00 M-3 5,633,000.00 5,633,000.00 0.00 0.00 0.00 0.00 M-4 2,464,000.00 2,464,000.00 0.00 0.00 0.00 0.00 B-1 2,112,000.00 2,112,000.00 0.00 0.00 0.00 0.00 B-2 1,760,000.00 1,760,000.00 0.00 0.00 0.00 0.00 B-3 1,761,000.00 1,761,000.00 0.00 0.00 0.00 0.00 B-4 1,232,000.00 1,232,000.00 0.00 0.00 0.00 0.00 OC 5,104,494.14 5,104,478.33 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 176,016,494.14 ~~164~~158,~~264~~761,~~519~~174.5581 0.00 5,~~503~~216,~~344~~498.7420 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-1 5,~~503~~216,~~344~~498.7420 ~~124~~119,~~877~~661,~~696~~198.4828 0.~~87859749~~84189596 5,~~503~~216,~~344~~498.7420 M-1 0.00 10,737,000.00 1.00000000 0.00 M-2 0.00 3,080,000.00 1.00000000 0.00 M-3 0.00 5,633,000.00 1.00000000 0.00 M-4 0.00 2,464,000.00 1.00000000 0.00 B-1 0.00 2,112,000.00 1.00000000 0.00 B-2 0.00 1,760,000.00 1.00000000 0.00 B-3 0.00 1,761,000.00 1.00000000 0.00 B-4 0.00 1,232,000.00 1.00000000 0.00 OC 0.00 5,104,478.33 0.99999690 0.00 OT 0.00 0.00 0.00000000 0.00 Totals 5,~~503~~216,~~344~~498.7420 ~~158~~153,~~761~~544,~~174~~676.8161 0.~~90196760~~87233118 5,~~503~~216,~~344~~498.7420

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 142,133,000.00 ~~917~~878.~~31716927~~59748602 0.00000000 3836.~~71968325~~70152744 0.00000000 M-1 10,737,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 3,080,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 5,633,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 2,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 2,112,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 1,760,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 1,761,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,232,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 OC 5,104,494.14 999.99690273 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 3836.~~71968325~~70152744 ~~878~~841.~~59748602~~89595857 0.~~87859749~~84189596 3836.~~71968325~~70152744 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 OC 0.00000000 0.00000000 999.99690273 0.99999690 0.00000000 OT 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-1 142,133,000.00 3.~~52438~~67000% ~~130~~124,~~381~~877,~~041~~696.2248 ~~357~~394,~~398~~648.4821 0.00 0.00 M-1 10,737,000.00 3.~~76438~~91000% 10,737,000.00 3136,~~436~~150.3488 0.00 0.00 M-2 3,080,000.00 3.~~80438~~95000% 3,080,000.00 910,~~113~~476.6028 0.00 0.00 M-3 5,633,000.00 34.~~99438~~14000% 5,633,000.00 1720,~~500~~081.2765 0.00 0.00 M-4 2,464,000.00 4.~~03438~~18000% 2,464,000.00 78,~~731~~869.6703 0.00 0.00 B-1 2,112,000.00 4.~~56438~~71000% 2,112,000.00 78,~~497~~565.7592 0.00 0.00 B-2 1,760,000.00 4.~~71438~~86000% 1,760,000.00 67,~~453~~365.4660 0.00 0.00 B-3 1,761,000.00 5.~~21438~~36000% 1,761,000.00 78,~~141~~127.9699 0.00 0.00 B-4 1,232,000.00 5.~~36438~~51000% 1,232,000.00 5,~~140~~845.2750 0.00 0.00 OC 5,104,494.14 0.00000% 5,104,478.33 0.00 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 176,016,494.14 ~~449~~500,~~413~~131.8006 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-1 0.00 0.00 ~~357~~394,~~398~~648.4821 0.00 ~~124~~119,~~877~~661,~~696~~198.4828 M-1 0.00 0.00 3136,~~436~~150.3488 0.00 10,737,000.00 M-2 0.00 0.00 910,~~113~~476.6028 0.00 3,080,000.00 M-3 0.00 0.00 1720,~~500~~081.2765 0.00 5,633,000.00 M-4 0.00 0.00 78,~~731~~869.6703 0.00 2,464,000.00 B-1 0.00 0.00 78,~~497~~565.7592 0.00 2,112,000.00 B-2 0.00 0.00 67,~~453~~365.4660 0.00 1,760,000.00 B-3 0.00 0.00 78,~~141~~127.9699 0.00 1,761,000.00 B-4 0.00 0.00 5,~~140~~845.2750 0.00 1,232,000.00 OC 0.00 0.00 0.00 0.00 5,104,478.33 OT 0.00 0.00 ~~382~~327,~~758~~141.4657 0.00 0.00 Totals 0.00 0.00 ~~832~~827,~~172~~272.2663 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-1 142,133,000.00 3.~~52438~~67000% ~~917~~878.~~31716927~~59748602 2.~~51453554~~77661212 0.00000000 0.00000000 M-1 10,737,000.00 3.~~76438~~91000% 1000.00000000 23.~~92785136~~36694421 0.00000000 0.00000000 M-2 3,080,000.00 3.~~80438~~95000% 1000.00000000 23.~~95896104~~40138961 0.00000000 0.00000000 M-3 5,633,000.00 34.~~99438~~14000% 1000.00000000 3.~~10674064~~56500089 0.00000000 0.00000000 M-4 2,464,000.00 4.~~03438~~18000% 1000.00000000 3.~~13785308~~59944399 0.00000000 0.00000000 B-1 2,112,000.00 4.~~56438~~71000% 1000.00000000 34.~~55007102~~05583333 0.00000000 0.00000000 B-2 1,760,000.00 4.~~71438~~86000% 1000.00000000 34.~~66673864~~18500000 0.00000000 0.00000000 B-3 1,761,000.00 5.~~21438~~36000% 1000.00000000 4.~~05562748~~61555366 0.00000000 0.00000000 B-4 1,232,000.00 5.~~36438~~51000% 1000.00000000 4.~~17229708~~74472403 0.00000000 0.00000000 OC 5,104,494.14 0.00000% 999.99690273 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 2.~~51453554~~77661212 0.00000000 ~~878~~841.~~59748602~~89595857 M-1 0.00000000 0.00000000 23.~~92785136~~36694421 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 23.~~95896104~~40138961 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~10674064~~56500089 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~13785308~~59944399 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 34.~~55007102~~05583333 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 34.~~66673864~~18500000 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~05562748~~61555366 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 4.~~17229708~~74472403 0.00000000 1000.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.99690273 OT 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 6,~~408~~101,~~694~~541.3403 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 210,~~336~~717.9827 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 6,~~411~~112,~~031~~258.3230 Withdrawals Reimbursement for Servicer Advances 72,~~070~~336.7798 Payment of Service Fee 6866,~~443~~150.5549 Payment of Interest and Principal 6,~~335~~043,~~517~~770.0083 Total Withdrawals (Pool Distribution Amount) 6,~~411~~112,~~031~~258.3230 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 6866,~~443~~150.5549 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 6866,~~443~~150.5549

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 1 0 0 1 28,100.00 0.00 0.00 28,100.00 30 Days 039 0 0 0 039 01,438,052.0093 0.00 0.00 0.00 01,438,052.0093 60 Days 48 0 0 0 48 59161,~~260~~770.2825 0.00 0.00 0.00 59161,~~260~~770.2825 90 Days 61 0 01 0 62 ~~270~~20,~~450~~775.00 0.00 028,289.0040 0.00 ~~270~~49,~~450~~064.0040 120 Days 3 1 0 0 04 ~~1 20~~136,~~775~~100.00 060,000.00 0.00 0.00 20196,~~775~~100.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 1 0 0 1 0.00 127,550.00 0.00 0.00 127,550.00 Totals 1151 23 01 0 1355 ~~350~~1,~~485~~756,698.2818 ~~155~~215,650.00 028,289.0040 0.00 ~~506~~2,~~135~~000,637.2858 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.~~024722~~025407% 0.000000% 0.000000% 0.~~024722~~025407% 0.~~017700~~018301% 0.000000% 0.000000% 0.~~017700~~018301% 30 Days 0.~~000000~~990854% 0.000000% 0.000000% 0.000000% 0.~~000000~~990854% 0.~~000000~~936565% 0.000000% 0.000000% 0.000000% 0.~~000000~~936565% 60 Days 0.~~098888~~203252% 0.000000% 0.000000% 0.000000% 0.~~098888~~203252% 0.~~037327~~105357% 0.000000% 0.000000% 0.000000% 0.~~037327~~105357% 90 Days 0.~~148331~~025407% 0.000000% 0.~~000000~~025407% 0.000000% 0.~~148331~~050813% 0.~~170350~~013530% 0.000000% 0.~~000000~~018424% 0.000000% 0.~~170350~~031954% 120 Days 0.~~024722~~076220% 0.~~000000~~025407% 0.000000% 0.000000% 0.~~024722~~101626% 0.~~013086~~088638% 0.~~000000~~039076% 0.000000% 0.000000% 0.~~013086~~127715% 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.~~024722~~025407% 0.000000% 0.000000% 0.~~024722~~025407% 0.000000% 0.~~080341~~083070% 0.000000% 0.000000% 0.~~080341~~083070% Totals 01.~~271941~~295732% 0.~~049444~~076220% 0.~~000000~~025407% 0.000000% 01.~~321384~~397358% 01.~~220763~~144089% 0.~~098040~~140447% 0.~~000000~~018424% 0.000000% 01.~~318803~~302961%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 210,~~336~~717.9827

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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 01 ~~Aug~~Sep-04 0.000% Original Principal Balance 028,300.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 028,289.0040 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 01 ~~Jan~~Feb-05 0.000% Original Principal Balance 028,300.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 028,289.0040 ~~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~~018% *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 Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance NoGroup ~~Foreclosure~~1 ~~loans~~0022450068 ~~this~~Aug-2005 ~~period~~01-Oct-2004 GA 80.00 28,300.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoGroup ~~Foreclosure~~1 ~~loans~~0022450068 ~~this~~28,289.40 ~~period~~01-Apr-2005 3 6.500% 683.74

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~579254~~752955% Weighted Average Net Coupon 6.~~079254~~252955% Weighted Average Pass-Through Rate 6.~~079254~~252955% Weighted Average Maturity(Stepdown Calculation) ~~233~~232 Beginning Scheduled Collateral Loan Count 4,~~141~~045 Number Of Loans Paid In Full 96109 Ending Scheduled Collateral Loan Count 43,~~045~~936 Beginning Scheduled Collateral Balance ~~164~~158,~~264~~761,~~519~~174.5581 Ending Scheduled Collateral Balance ~~158~~153,~~761~~544,~~174~~676.8161 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 ~~158~~153,~~761~~545,~~174~~526.8190 Monthly P&I Constant ~~900~~893,~~617~~422.6151 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 20.6100 Unscheduled Principal 5,~~503~~216,~~342~~498.1320 Extra principal distribution Amount 0.00 Excess Cash Amount ~~382~~327,~~758~~141.4657

Miscellaneous Reporting Basis Risk Shortfall CF Amnt A-1 0.00 Basis Risk Shortfall CF Amnt B-1 0.00 Basis Risk Shortfall CF Amnt B-2 0.00 Basis Risk Shortfall CF Amnt B-3 0.00 Basis Risk Shortfall CF Amnt B-4 0.00 Basis Risk Shortfall CF Amnt M-1 0.00 Basis Risk Shortfall CF Amnt M-2 0.00 Basis Risk Shortfall CF Amnt M-3 0.00 Basis Risk Shortfall CF Amnt M-4 0.00 LIBOR RATE 3.~~314380~~460000% ______OC REPORTING_______ Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,104,478.33 Overcollateralized Amount 5,104,478.33 Overcollateralized Deficiency Amount 0.00 Overcollateralized Floor Amount 880,082.00 Extra Principal Distribution Amount 0.00 Excess Cash Amount ~~382~~327,~~758~~141.4657

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 Group 1 96109 54,~~104~~897,~~540~~975.00 4,~~966~~735,~~145~~812.7178 0 0.00 0.00 Total 96109 54,~~104~~897,~~540~~975.00 4,~~966~~735,~~145~~812.7178 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 Group 1 0 0.00 0.00 0 0.00 0.00 ~~537~~480,~~199~~685.0342 Total 0 0.00 0.00 0 0.00 0.00 ~~537~~480,~~199~~685.0342

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 ~~0021348768~~0021348727 GA 7976.6125 01-Aug-2004 4064,~~800~~600.00 4027,~~800~~815.0097 Group 1 ~~0021349394~~0021349139 FLGA 8078.0066 01-Aug-2004 2510,~~900~~000.00 254,~~893~~000.5200 Group 1 ~~0021368055~~0021355227 GAFL 7976.4592 01-~~Jan~~Sep-~~2005~~2004 5735,~~600~~000.00 5735,~~600~~000.00 Group 1 ~~0021374616~~0021370234 NCGA 80.00 01-~~Dec~~Nov-2004 5319,~~000~~550.00 5319,~~000~~531.0067 Group 1 ~~0021391644~~0021378328 FL 7780.5200 01-~~Feb~~Dec-~~2005~~2004 1632,000.00 1632,000.00 Group 1 ~~0022316285~~0022322176 FLGA 7875.9597 01-~~Mar~~Aug-~~2005~~2004 8052,~~900~~800.00 8052,~~900~~800.00 Group 1 ~~0022328207~~0022358899 GAFL 79.9495 01-~~Dec~~Jan-~~2004~~2005 8030,~~300~~450.00 8030,~~300~~450.00 Group 1 ~~0022400451~~0022379846 FL 80.00 01-~~Sep~~Aug-2004 1022,~~750~~400.00 1022,~~604~~397.2389 Group 1 ~~0022415152~~0022396956 FL 7774.5485 01-~~Jul~~Feb-~~2004~~2005 5787,~~000~~600.00 5787,~~000~~600.00 Group 1 ~~0022417059~~0022429914 GA 7977.3423 01-~~Nov~~Aug-2004 3633,~~300~~650.00 3633,~~250~~199.0053 Group 1 ~~0022422950~~0022435655 GA 7880.00 01-~~Sep~~Jul-2004 40133,~~100~~500.00 39133,~~834~~478.0890 Group 1 ~~0022428619~~0022436570 GA 7978.1241 01-Aug-2004 ~~197~~33,~~800~~350.00 ~~197~~33,~~093~~224.8083 Group 1 ~~0022434393~~0022439459 GA 7778.0775 01-Aug-2004 3194,~~600~~500.00 3093,~~590~~370.2111 Group 1 ~~0022439384~~0022444756 FL 7280.3200 01-Aug-2004 4427,~~200~~500.00 4427,~~200~~500.00 Group 1 ~~0022443311~~0022445159 FL 80.00 01-~~Aug~~Oct-2004 3872,000.00 3872,000.00 Group 1 ~~0022444087~~0022445605 NCFL 79.6282 01-~~Sep~~Aug-2004 2644,~~100~~500.00 2542,~~843~~861.1266 Group 1 ~~0022446157~~0022446520 FLGA 8079.0092 01-Aug-2004 3674,~~000~~900.00 3562,~~940~~838.6135 Group 1 ~~0022453245~~0022446843 FL 7775.9488 01-~~Oct~~Aug-2004 2329,~~850~~500.00 2229,~~850~~500.00 Group 1 ~~0022461479~~0022447874 FL 7873.2087 01-Aug-2004 3499,~~800~~900.00 3499,~~768~~900.2400 Group 1 ~~0022461859~~0022453278 GA 80.00 01-~~Oct~~Sep-2004 6620,~~600~~900.00 ~~66,600~~115.0080 Group 1 ~~0022463533~~0022455927 FL 4980.2300 01-~~Oct~~Aug-2004 68105,~~450~~000.00 68105,~~450~~000.00 Group 1 ~~0022465769~~0022456370 FLGA 8079.0074 01-Sep-2004 1665,~~700~~200.00 1565,~~889~~152.1446 Group 1 ~~0022468243~~0022458012 FLGA 6978.3993 01-~~Mar~~Sep-~~2005~~2004 4920,~~400~~000.00 4919,~~400~~552.02 Group 1 0022459176 GA 79.72 01-Aug-2004 34,125.00 34,116.65 Group 1 ~~0022471775~~0022459341 FLNC 7879.6173 01-~~Oct~~Aug-2004 9129,~~950~~900.00 8729,~~950~~900.00 Group 1 ~~0022472336~~0022460281 GAFL 79.5202 01-Sep-2004 6546,~~600~~000.00 6546,~~600~~000.00 Group 1 ~~0022473003~~0022462345 GA 7980.4400 01-~~Sep~~Aug-2004 2834,~~200~~500.00 2834,~~148~~497.8070 Group 1 ~~0022475701~~0022463277 FLGA 79.6664 01-~~Nov~~Aug-2004 ~~112~~67,000.00 ~~112~~67,000.00 Group 1 ~~0022484679~~0022466817 FLGA 7978.5558 01-Sep-2004 3594,~~000~~300.00 3394,~~223~~300.8400 Group 1 ~~0022484992~~0022469555 GA 8078.0057 01-Sep-2004 3221,~~000~~900.00 3221,~~000~~900.00 Group 1 ~~0022485726~~0022469787 FL 8079.0094 01-~~Sep~~Oct-2004 1636,000.00 1534,~~929~~235.0962 Group 1 ~~0022490106~~0022473276 GAFL 7880.8300 01-~~Oct~~Sep-2004 2774,000.00 2774,000.00 Group 1 ~~0022494561~~0022480206 NCFL 77.9594 01-~~Oct~~Nov-2004 2444,~~750~~450.00 2444,~~750~~450.00 Group 1 ~~0022495667~~0022482525 NCFL 78.3393 01-~~Sep~~Dec-2004 5929,~~340~~600.00 5927,~~340~~750.0058 Group 1 ~~0022497341~~0022482897 FLGA 7078.0095 01-Sep-2004 ~~175~~37,~~000~~600.00 ~~175~~36,~~000~~512.0083 Group 1 ~~0022499263~~0022486963 GAFL 7679.6325 01-Sep-2004 7063,~~500~~000.00 6663,~~249~~000.4000 Group 1 ~~0022501258~~0022487037 FLGA 79.3271 01-~~Oct~~Sep-2004 3655,~~950~~800.00 3655,~~950~~600.0010 Group 1 ~~0022501670~~0022492516 GA 7772.8207 01-~~Oct~~Sep-2004 2110,~~400~~000.00 2110,~~200~~000.00 Group 1 ~~0022504575~~0022492771 NCGA 8075.0052 01-~~Nov~~Sep-2004 ~~165~~30,000.00 ~~164~~30,~~977~~000.0400 Group 1 ~~0022505309~~0022494579 FLGA 79.04 01-Oct-2004 4134,~~000~~950.00 4034,~~720~~917.7323 Group 1 ~~0022507586~~0022496533 FLGA 80.00 01-~~Nov~~Oct-2004 5649,000.00 5547,~~953~~719.0554 Group 1 ~~0022509483~~0022498760 FL 80.00 01-Oct-2004 3630,~~200~~750.00 3530,~~473~~742.8128 Group 1 ~~0022511109~~0022501530 FL 80.00 01-Oct-2004 2031,~~550~~500.00 2031,~~550~~500.00 Group 1 ~~0022512289~~0022501696 GAFL 7980.9200 01-Oct-2004 3935,~~400~~600.00 3935,~~244~~464.4941 Group 1 ~~0022513527~~0022503379 GAFL 7377.2868 01-~~Nov~~Jan-~~2004~~2005 1733,~~150~~200.00 1733,~~150~~200.00 Group 1 ~~0022514459~~0022506539 FL 80.00 01-Oct-2004 30120,~~750~~000.00 30120,~~750~~000.00 Group 1 ~~0022517742~~0022507941 FL 7977.5645 01-Oct-2004 2521,~~500~~450.00 2521,~~500~~450.00 Group 1 ~~0022518989~~0022511729 FLGA 7779.1485 01-~~Apr~~Oct-~~2005~~2004 ~~108~~68,~~000~~400.00 ~~108~~68,~~000~~400.00 Group 1 ~~0022520357~~0022514962 GA 8078.0019 01-Oct-2004 5415,150.00 50.69 Group 1 0022521504 FL 78.71 01-Nov-2004 55,000.00 4945,~~574~~852.5476 Group 1 ~~0022523963~~0022522379 FL 7679.1569 01-~~Oct~~Nov-2004 7726,~~450~~100.00 7726,~~450~~100.00 Group 1 ~~0022528038~~0022523344 FLGA 7880.8600 01-~~Dec~~Nov-2004 2225,000.00 2124,~~971~~246.6850 Group 1 ~~0022529366~~0022525497 GA 7377.7934 01-Oct-2004 2935,~~950~~550.00 2935,~~283~~516.6267 Group 1 ~~0022530117~~0022528970 GA 80.00 01-~~Nov~~Oct-2004 5234,~~600~~500.00 5024,~~900~~269.0002 Group 1 ~~0022531040~~0022529341 GAFL 7160.8990 01-~~Apr~~Oct-~~2005~~2004 6638,~~500~~250.00 6638,~~500~~250.00 Group 1 ~~0022531164~~0022532287 FLGA 80.00 01-Nov-2004 ~~140~~85,~~000~~600.00 ~~140~~85,~~000~~430.0068 Group 1 ~~0022532808~~0022540876 GA 75.9870 01-~~Dec~~Nov-2004 3517,~~900~~600.00 3517,~~898~~600.0400 Group 1 ~~0022533756~~0022541247 GAFL 7880.4600 01-Nov-2004 5719,~~850~~950.00 5719,~~850~~950.00 Group 1 ~~0022540165~~0022543078 FL 79.3007 01-~~Nov~~Dec-2004 ~~116~~12,~~000~~750.00 ~~116~~12,~~000~~750.00 Group 1 ~~0022544563~~0022545420 FL 8079.0007 01-~~Nov~~Dec-2004 2717,~~400~~000.00 2717,~~389~~000.5700 Group 1 ~~0022546980~~0022545909 GAFL 78.3073 01-~~Dec~~Feb-~~2004~~2005 2832,~~800~~700.00 2832,~~522~~700.3800 Group 1 ~~0022548036~~0022547483 FLGA 6079.5294 01-~~Dec~~Jan-~~2004~~2005 2133,~~650~~400.00 2033,~~998~~400.0300 Group 1 ~~0022549190~~0022549000 GANC 8079.0048 01-~~Nov~~Dec-2004 3776,500.00 3776,500.00 Group 1 ~~0022549232~~0022549513 FL 7377.2359 01-~~Nov~~Dec-2004 7433,~~600~~000.00 7432,~~600~~500.00 Group 1 ~~0022554471~~0022549737 GA 79.9878 01-~~Feb~~Nov-~~2005~~2004 5718,~~900~~450.00 5718,~~543~~434.8944 Group 1 ~~0022557433~~0022551592 FLGA 80.00 01-Dec-2004 6046,~~000~~800.00 5946,~~659~~800.9500 Group 1 ~~0022557615~~0022552202 FL 7975.5943 01-Dec-2004 5838,~~500~~000.00 5838,~~500~~000.00 Group 1 ~~0022557748~~0022554893 FLGA 7978.7221 01-Dec-2004 2837,~~500~~100.00 2737,~~214~~100.6300 Group 1 ~~0022560965~~0022555445 GA 7380.5400 01-Dec-2004 ~~200~~34,000.00 ~~200~~33,~~000~~996.0042 Group 1 ~~0022564207~~0022557284 GAFL 79.6042 01-Dec-2004 7913,~~600~~900.00 7913,~~600~~900.00 Group 1 ~~0022565899~~0022559165 GAFL 79.9825 01-Jan-2005 52,500.00 52,500.00 Group 1 0022567598 FL 77.97 01-Dec-2004 3086,250.00 3086,250.00 Group 1 ~~0022570535~~0022568612 FL 7579.0084 01-~~Dec~~Jan-~~2004~~2005 ~~100~~37,~~000~~100.00 ~~100~~37,~~000~~065.0022 Group 1 ~~0022571921~~0022568950 GAFL 79.9673 01-Dec-2004 4059,~~450~~800.00 4059,~~439~~385.2667 Group 1 ~~0022575401~~0022577282 FLGA 7775.2620 01-Jan-2005 47,~~350~~000.00 47,~~350~~000.00 Group 1 ~~0022576771~~0022580898 GAFL 7980.9300 01-Jan-2005 4211,~~550~~450.00 11,187.69 Group 1 0022584239 GA 74.42 01-Jan-2005 32,~~550~~000.00 32,000.00 Group 1 ~~0022579015~~0022585723 GAFL 80.00 01-Jan-2005 29,~~000~~800.00 29,~~000~~800.00 Group 1 ~~0022582118~~0022587810 FL 8078.0015 01-Jan-2005 3276,~~900~~000.00 3268,~~899~~756.9815 Group 1 ~~0022582191~~0022591432 GAFL 7951.5271 01-Feb-2005 70,000.00 70,000.00 Group 1 0022593214 FL 78.97 01-Jan-2005 2449,~~900~~600.00 2449,~~900~~600.00 Group 1 ~~0022582555~~0022596019 GAFL 79.7861 01-~~Jan~~Feb-2005 7341,~~800~~000.00 7341,~~800~~000.00 Group 1 ~~0022587166~~0022596803 GA 7776.19 01-Feb-2005 25,200.00 24,535.43 Group 1 0022598551 GA 79.34 01-Jan-2005 2560,~~650~~000.00 960,~~500~~000.00 Group 1 ~~0022587927~~0022600811 GANC 6980.4500 01-Jan-2005 1031,000.00 830,~~900~~345.00 Group 1 ~~0022588172~~0022601454 FLGA 78.6515 01-Jan-2005 6322,100.00 112.80 Group 1 0022602312 GA 79.98 01-Feb-2005 33,400.00 6232,~~346~~592.4886 Group 1 ~~0022589360~~0022605778 FLGA 8078.00 01-~~Jan~~Feb-2005 5333,~~250~~150.00 5333,~~205~~150.6300 Group 1 ~~0022589501~~0022606115 FLNC 8078.10 01-Feb-2005 30,750.00 30,750.00 Group 1 0022608004 FL 74.67 01-~~Jan~~Feb-2005 6042,000.00 6042,000.00 Group 1 ~~0022590954~~0022608178 GAFL 7976.6289 01-~~Jan~~Feb-2005 4133,600.00 4131,~~600~~278.0083 Group 1 ~~0022594048~~0022609648 FL 7379.6268 01-Feb-2005 7855,~~400~~800.00 7855,~~400~~800.00 Group 1 ~~0022598163~~0022616254 FL 75.60 01-Feb-2005 94,500.00 94,500.00 Group 1 0022622310 GA 80.00 01-~~Jan~~Feb-2005 ~~115~~23,~~000~~400.00 ~~114~~23,~~584~~381.2201 Group 1 ~~0022603583~~0022623896 GANC 80.00 01-~~Jan~~Feb-2005 2216,~~300~~350.00 2216,~~300~~350.00 Group 1 ~~0022603831~~0022627103 GAFL 7380.8100 01-Feb-2005 2531,000.00 2531,000.00 Group 1 ~~0022627558~~0022627822 FLGA 7865.5232 01-Mar-2005 3913,~~750~~950.00 3913,~~750~~945.0038 Group 1 ~~0022627608~~0022628358 GANC 79.9698 01-~~Mar~~Feb-2005 5025,~~000~~550.00 025,550.00 Group 1 ~~0022629927~~0022628747 FL 6478.57 01-~~Mar~~Feb-2005 ~~110~~75,000.00 ~~110~~75,000.00 Group 1 ~~0022634737~~0022629208 FL 8079.0081 01-~~Apr~~Mar-2005 2785,~~750~~000.00 2780,~~750~~226.0019 Group 1 ~~0022640981~~0022634836 FL 7876.9044 01-~~Apr~~Mar-2005 3525,800.00 3525,800.00 Group 1 ~~0022648018~~0022635791 FLGA 8075.35 01-Mar-2005 37,700.00 37,700.00 Group 1 0022636955 GA 77.44 01-Mar-2005 24,200.00 24,200.00 Group 1 0022638357 FL 79.76 01-Apr-2005 3099,~~400~~900.00 3099,~~400~~900.00 Group 1 ~~0022649081~~0022642227 GA 80.00 01-~~Apr~~Mar-2005 3710,000.00 3710,000.00 Group 1 ~~0022653596~~0022644223 FL 79.70 01-Mar-2005 36,450.00 35,358.83 Group 1 0022654446 GA 79.96 01-Apr-2005 47165,~~950~~150.00 3165,~~994~~150.00 Group 1 ~~0022674766~~0022670814 FLGA 8082.0076 01-Apr-2005 1657,000.00 1656,~~000~~984.18 Group 1 0024012767 FL 79.80 01-Apr-2005 29,400.00 29,364.23

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 ~~0021348768~~0021348727 Loan Paid in Full 0(1) 6.125% 240 1112 Group 1 ~~0021349394~~0021349139 Loan Paid in Full (0 7.500% 240 12 Group 1) 0021355227 Loan Paid in Full 0 6.~~750~~500% 240 11 Group 1 ~~0021368055~~0021370234 Loan Paid in Full 0 6.500% 240 69 Group 1 ~~0021374616~~0021378328 Loan Paid in Full 0(1) 57.~~875~~125% 240 8 Group 1 0022322176 Loan Paid in Full 0 7.000% 240 12 Group 1 ~~0021391644~~0022358899 Loan Paid in Full 0 67.~~750~~125% 240 57 Group 1 ~~0022316285~~0022379846 Loan Paid in Full (1) 67.750% 240 412 Group 1 ~~0022328207~~0022396956 Loan Paid in Full 0 7.000% 240 6 Group 1 0022429914 Loan Paid in Full 0 7.000% 240 12 Group 1 0022435655 Loan Paid in Full 0 7.250% 240 13 Group 1 0022436570 Loan Paid in Full 0 7.500% 240 12 Group 1 ~~0022400451~~0022439459 Loan Paid in Full 0 6.~~625~~500% 240 1012 Group 1 ~~0022415152~~0022444756 Loan Paid in Full 0 7.250% 240 12 Group 1 ~~0022417059~~0022445159 Loan Paid in Full 0(1) 6.875% 240 810 Group 1 ~~0022422950~~0022445605 Loan Paid in Full 0(5) 65.250% 240 1012 Group 1 ~~0022428619~~0022446520 Loan Paid in Full 0 67.~~125~~250% 240 1112 Group 1 ~~0022434393~~0022446843 Loan Paid in Full 0(1) 67.~~125~~000% 240 1112 Group 1 ~~0022439384~~0022447874 Loan Paid in Full 0 7.250% 240 12 Group 1 0022453278 Loan Paid in Full 2 6.~~375~~750% 240 11 Group 1 ~~0022443311~~0022455927 Loan Paid in Full 0 6.~~375~~875% 240 1112 Group 1 ~~0022444087~~0022456370 Loan Paid in Full (1) 6.~~250~~750% 240 1011 Group 1 ~~0022446157~~0022458012 Loan Paid in Full 0 6.~~125~~000% 240 11 Group 1 ~~0022453245~~0022459176 Loan Paid in Full 0 76.~~000~~750% 240 912 Group 1 ~~0022461479~~0022459341 Loan Paid in Full 0 67.~~625~~250% 240 1112 Group 1 ~~0022461859~~0022460281 Loan Paid in Full (1) 76.~~000~~250% 240 911 Group 1 ~~0022463533~~0022462345 Loan Paid in Full 0 76.~~000~~500% 240 912 Group 1 ~~0022465769~~0022463277 Loan Paid in Full 0 67.~~250~~000% 240 1012 Group 1 ~~0022468243~~0022466817 Loan Paid in Full 0 6.500% 240 411 Group 1 ~~0022471775~~0022469555 Loan Paid in Full 0 65.~~500~~750% 240 911 Group 1 ~~0022472336~~0022469787 Loan Paid in Full 0(2) 6.~~250~~500% 240 10 Group 1 ~~0022473003~~0022473276 Loan Paid in Full 0(1) 6.250% 240 1011 Group 1 ~~0022475701~~0022480206 Loan Paid in Full (1) 7.125% 240 9 Group 1 0022482525 Loan Paid in Full (1) 6.~~500~~625% 240 8 Group 1 ~~0022484679~~0022482897 Loan Paid in Full 0 65.~~250~~750% 240 1011 Group 1 ~~0022484992~~0022486963 Loan Paid in Full 0 6.250% 240 1011 Group 1 ~~0022485726~~0022487037 Loan Paid in Full ~~(1)~~0 6.~~625~~750% 240 1011 Group 1 ~~0022490106~~0022492516 Loan Paid in Full 0 76.~~000~~750% 240 911 Group 1 ~~0022494561~~0022492771 Loan Paid in Full 0 6.~~500~~875% 240 911 Group 1 ~~0022495667~~0022494579 Loan Paid in Full 0 67.~~250~~000% 240 10 Group 1 ~~0022497341~~0022496533 Loan Paid in Full 0 67.~~250~~000% 240 10 Group 1 ~~0022499263~~0022498760 Loan Paid in Full ~~(1)~~2 6.~~250~~875% 240 10 Group 1 ~~0022501258~~0022501530 Loan Paid in Full 0 6.~~500~~875% 240 910 Group 1 ~~0022501670~~0022501696 Loan Paid in Full 0 67.~~750~~000% 240 910 Group 1 ~~0022504575~~0022503379 Loan Paid in Full (1) 67.~~625~~500% 240 87 Group 1 ~~0022505309~~0022506539 Loan Paid in Full 0 6.500% 240 910 Group 1 ~~0022507586~~0022507941 Loan Paid in Full 0 76.~~125~~875% 240 810 Group 1 ~~0022509483~~0022511729 Loan Paid in Full (1) 6.500% 240 910 Group 1 ~~0022511109~~0022514962 Loan Paid in Full (1) 6.000% 240 241 Group 1 0022521504 Loan Paid in Full 0 6.625% 240 9 Group 1 ~~0022512289~~0022522379 Loan Paid in Full 0(1) 6.~~750~~625% 240 9 Group 1 ~~0022513527~~0022523344 Loan Paid in Full (1) 6.500% 240 9 Group 1 0022525497 Loan Paid in Full 0 6.750% 240 810 Group 1 ~~0022514459~~0022528970 Loan Paid in Full 0(1) 7.~~125~~750% 240 910 Group 1 ~~0022517742~~0022529341 Loan Paid in Full 0(1) 67.~~625~~125% 240 910 Group 1 ~~0022518989~~0022532287 Loan Paid in Full (1) 7.~~000~~125% 240 39 Group 1 ~~0022520357~~0022540876 Loan Paid in Full 0 6.625% 240 9 Group 1 ~~0022523963~~0022541247 Loan Paid in Full 0 6.~~500~~125% 240 9 Group 1 ~~0022528038~~0022543078 Loan Paid in Full ~~(1)~~0 76.~~000~~500% 240 78 Group 1 ~~0022529366~~0022545420 Loan Paid in Full 0 6.375% 240 98 Group 1 ~~0022530117~~0022545909 Loan Paid in Full (1) 67.~~625~~000% 240 86 Group 1 ~~0022531040~~0022547483 Loan Paid in Full ~~(1)~~0 6.~~375~~875% 240 37 Group 1 ~~0022531164~~0022549000 Loan Paid in Full 0(1) 6.~~625~~875% 240 8 Group 1 ~~0022532808~~0022549513 Loan Paid in Full 0 6.875% 240 78 Group 1 ~~0022533756~~0022549737 Loan Paid in Full 0 67.~~625~~125% 240 89 Group 1 ~~0022540165~~0022551592 Loan Paid in Full 0 6.~~875~~750% 240 8 Group 1 ~~0022544563~~0022552202 Loan Paid in Full 10 67.~~625~~375% 240 8 Group 1 ~~0022546980~~0022554893 Loan Paid in Full 0 67.~~875~~375% 240 78 Group 1 ~~0022548036~~0022555445 Loan Paid in Full ~~(1)~~0 6.~~000~~375% 240 78 Group 1 ~~0022549190~~0022557284 Loan Paid in Full 0 7.~~125~~500% 240 8 Group 1 ~~0022549232~~0022559165 Loan Paid in Full 0 7.~~500~~125% 240 87 Group 1 ~~0022554471~~0022567598 Loan Paid in Full 0 6.~~000~~125% 240 58 Group 1 ~~0022557433~~0022568612 Loan Paid in Full (1) 67.~~750~~000% 240 7 Group 1 ~~0022557615~~0022568950 Loan Paid in Full (1) 65.750% 240 78 Group 1 ~~0022557748~~0022577282 Loan Paid in Full ~~(1)~~0 6.875% 240 7 Group 1 ~~0022560965~~0022580898 Loan Paid in Full 0 6.625% 240 7 Group 1 ~~0022564207~~0022584239 Loan Paid in Full 0 56.~~750~~875% 240 7 Group 1 ~~0022565899~~0022585723 Loan Paid in Full 0 67.~~000~~375% 240 7 Group 1 ~~0022570535~~0022587810 Loan Paid in Full 0(1) 6.~~500~~875% 240 7 Group 1 ~~0022571921~~0022591432 Loan Paid in Full (1) 6.375% 240 6 Group 1 0022593214 Loan Paid in Full 0 6.750% 240 7 Group 1 ~~0022575401~~0022596019 Loan Paid in Full 0 7.~~375~~500% 240 6 Group 1 ~~0022576771~~0022596803 Loan Paid in Full 0(1) 65.~~875~~500% 240 6 Group 1 ~~0022579015~~0022598551 Loan Paid in Full 0 6.875% 240 67 Group 1 ~~0022582118~~0022600811 Loan Paid in Full 0 67.~~375~~125% 240 67 Group 1 ~~0022582191~~0022601454 Loan Paid in Full 2 7.000% 240 7 Group 1 0022602312 Loan Paid in Full 0 7.875% 240 6 Group 1 0022605778 Loan Paid in Full (1) 7.~~625~~250% 240 6 Group 1 ~~0022582555~~0022606115 Loan Paid in Full 0 6.875% 240 6 Group 1 ~~0022587166~~0022608004 Loan Paid in Full 0 67.~~875~~000% 240 6 Group 1 ~~0022587927~~0022608178 Loan Paid in Full ~~(1)~~0 7.~~375~~000% 240 6 Group 1 ~~0022588172~~0022609648 Loan Paid in Full ~~(1)~~0 7.~~375~~250% 240 6 Group 1 ~~0022589360~~0022616254 Loan Paid in Full 0 6.750% 240 6 Group 1 0022622310 Loan Paid in Full (1) 6.~~750~~250% 240 6 Group 1 ~~0022589501~~0022623896 Loan Paid in Full 0 7.~~375~~500% 240 6 Group 1 ~~0022590954~~0022627103 Loan Paid in Full 0(1) 67.~~500~~125% 240 6 Group 1 ~~0022594048~~0022627822 Loan Paid in Full 0 6.~~250~~750% 240 5 Group 1 ~~0022598163~~0022628358 Loan Paid in Full 0 57.500% 240 6 Group 1 ~~0022603583~~0022628747 Loan Paid in Full 0 7.~~500~~875% 240 6 Group 1 ~~0022603831~~0022629208 Loan Paid in Full 0(1) 6.~~000~~250% 240 5 Group 1 ~~0022627558~~0022634836 Loan Paid in Full 0(1) 6.~~125~~375% 240 45 Group 1 ~~0022627608~~0022635791 Loan Paid in Full ~~(1)~~0 56.~~750~~375% 240 ~~240~~5 Group 1 ~~0022629927~~0022636955 Loan Paid in Full 0 57.~~750~~375% 240 45 Group 1 ~~0022634737~~0022638357 Loan Paid in Full 0 6.~~500~~375% 240 34 Group 1 ~~0022640981~~0022642227 Loan Paid in Full 0 67.125% 240 35 Group 1 ~~0022648018~~0022644223 Loan Paid in Full 0 6.~~750~~875% 240 35 Group 1 ~~0022649081~~0022654446 Loan Paid in Full 0 6.~~625~~750% 240 34 Group 1 ~~0022653596~~0022670814 Loan Paid in Full 0 6.~~750~~625% 240 34 Group 1 ~~0022674766~~0024012767 Loan Paid in Full 0 7.~~500~~000% 240 34

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 3.~~350~~286% Current Month 33.~~564~~029% Current Month 2,~~498~~147.~~627~~391% 3 Month Average 23.~~913~~220% 3 Month Average 2932.~~779~~470% 3 Month Average 2,~~602~~443.~~742~~166% 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 15.938% N/A Apr-2005 2,129.111% N/A May-2005 24.954% N/A May-2005 2,626.120% N/A Jun-2005 30.819% N/A Jun-2005 2,683.479% N/A Jul-2005 33.564% N/A Jul-2005 2,498.627% N/A Aug-2005 33.029% N/A Aug-2005 2,147.391% 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. Group 1 SMM CPR PSA Current Month 3.~~350~~286% Current Month 33.~~564~~029% Current Month 2,~~498~~147.~~627~~391% 3 Month Average 23.~~913~~220% 3 Month Average 2932.~~779~~470% 3 Month Average 2,~~602~~443.~~742~~166% 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 15.938% N/A Apr-2005 2,129.111% N/A May-2005 24.954% N/A May-2005 2,626.120% N/A Jun-2005 30.819% N/A Jun-2005 2,683.479% N/A Jul-2005 33.564% N/A Jul-2005 2,498.627% N/A Aug-2005 33.029% N/A Aug-2005 2,147.391% 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 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% 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 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% 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. Group 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 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% 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 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% 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 · HomeBanc Mortgage Trust 2005-2