8-K 1 jpa050a4_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 J.P. MORGAN MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2005-A4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121990-02 Pooling and Servicing Agreement) (Commission 54-2176765 (State or other File Number) 54-2176766 jurisdiction 54-2176767 of Incorporation) 54-2176768 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 J.P. MORGAN MORTGAGE TRUST, Mortgage Pass-Through Certificates, Series 2005-A4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-A4 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. J.P. MORGAN MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2005-A4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-A4 Trust, relating to the August 25, 2005 distribution. EX-99.1

J.P. Morgan Acceptance Corporation I Mortgage Pass-Through Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 J.P. Morgan Acceptance Corporation I Mortgage Pass-Through Certificates Series 2005-A4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1-A-1 466247RN5 SEN 5.~~41661~~41628% ~~265~~264,~~645~~068,~~300~~111.0027 1,~~199~~191,~~080~~889.9208 2-A-1 466247RP0 SEN 5.~~08854~~08620% ~~205~~203,~~319~~311,~~200~~541.0008 ~~870~~861,~~646~~735.4324 3-A-1 466247RQ8 SEN 5.~~19156~~19153% ~~100~~99,~~000~~935,~~000~~214.0075 432,~~629~~347.7820 3-A-2 466247RR6 SEN 5.~~19156~~19153% 49,~~321~~245,~~600~~420.0006 213,~~379~~049.9322 3-A-3 466247RS4 SEN 5.~~19156~~19153% 45,986,000.00 198,~~949~~948.1307 3-A-4 466247RT2 SEN 5.~~19156~~19153% 22,280,800.00 96,~~393~~392.3886 4-A-1 466247RU9 SEN 5.~~11825~~11924% ~~167~~164,~~264~~987,~~850~~781.0094 ~~713~~703,~~419~~843.3016 4-A-2 466247RV7 SEN 5.~~11825~~11924% 50,244,350.00 214,~~302~~344.5801 A-R 466247RW5 SEN 5.~~41661~~41612% ~~100~~0.00 0.4702 B-1 466247RX3 SUB 5.~~21660~~21622% 12,~~695~~690,~~300~~331.0075 55,~~188~~163.5602 B-2 466247RY1 SUB 5.~~21660~~21622% 8,~~463~~460,~~400~~087.0088 36,~~791~~774.7977 B-3 466247RZ8 SUB 5.~~21660~~21622% 5,~~172~~170,~~300~~275.0084 22,~~484~~474.8444 B-4 466247SA2 SUB 5.~~21660~~21622% 3,~~761~~760,~~500~~027.0095 16,~~351~~344.8629 B-5 466247SB0 SUB 5.~~21660~~21622% 2,~~350~~349,~~900~~979.0098 10,~~219~~215.7502 B-6 466247SC8 SUB 5.~~21660~~21622% 1,880,~~886~~149.0092 8,~~176~~172.5274 Totals ~~940~~934,~~386~~370,~~486~~072.0042 4,~~088~~061,~~015~~693.2414

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A-1 166,~~577,188~~014.7357 0.00 264,~~068~~002,~~111~~096.2770 21,~~776~~257,~~269~~903.65 0.00 2-A-1 24,~~007~~773,~~658~~271.9231 0.00 ~~203~~198,~~311~~538,~~541~~269.0877 25,~~878~~635,~~305~~006.3555 0.00 3-A-1 64381,~~785~~202.2505 0.00 99,~~935~~554,~~214~~012.7570 ~~497~~813,~~415~~549.0325 0.00 3-A-2 76448,~~179~~249.9439 0.00 4948,~~245~~797,~~420~~170.0667 ~~289~~661,~~559~~298.8761 0.00 3-A-3 0.00 0.00 45,986,000.00 198,~~949~~948.1307 0.00 3-A-4 0.00 0.00 22,280,800.00 96,~~393~~392.3886 0.00 4-A-1 23,~~277~~455,~~068~~144.0643 0.00 ~~164~~161,~~987~~532,~~781~~637.9451 24,~~990~~158,~~487~~987.3659 0.00 4-A-2 0.00 0.00 50,244,350.00 214,~~302~~344.5801 0.00 A-R ~~100~~0.00 0.00 0.00 ~~100~~0.4702 0.00 B-1 45,~~968~~036.2567 0.00 12,~~690~~685,~~331~~295.7508 60,~~156~~199.8169 0.00 B-2 3,~~312~~357.1273 0.00 8,~~460~~456,~~087~~730.8816 40,~~103~~132.9150 0.00 B-3 2,~~024~~052.1603 0.00 5,~~170~~168,~~275~~223.8481 24,~~509~~526.0047 0.00 B-4 1,~~472~~492.0532 0.00 3,~~760~~758,~~027~~535.9563 17,~~823~~836.9161 0.00 B-5 ~~920~~932.0268 0.00 2,349,~~979~~047.9830 11,~~139~~147.7770 0.00 B-6 ~~736~~746.0821 0.00 1,~~880~~879,~~149~~403.9271 8,~~912~~918.6095 0.00 Totals 69,~~016~~137,~~413~~499.5839 0.00 ~~934~~925,~~370~~232,~~072~~573.4204 1013,~~104~~199,~~428~~192.8253 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 265,645,300.00 ~~265~~264,~~645~~068,~~300~~111.0027 3837,~~260~~609.3860 128,~~538,928~~404.3597 0.00 0.00 2-A-1 205,319,200.00 ~~205~~203,~~319~~311,~~200~~541.0008 50,~~113~~352.6510 14,~~957~~722,~~545~~919.2721 0.00 0.00 3-A-1 100,000,000.00 ~~100~~99,~~000~~935,~~000~~214.0075 9,~~123~~168.3867 55372,~~661~~033.8738 0.00 0.00 3-A-2 49,321,600.00 49,~~321~~245,~~600~~420.0006 10,~~728~~781.0329 65437,~~451~~468.9110 0.00 0.00 3-A-3 45,986,000.00 45,986,000.00 0.00 0.00 0.00 0.00 3-A-4 22,280,800.00 22,280,800.00 0.00 0.00 0.00 0.00 4-A-1 167,264,850.00 ~~167~~164,~~264~~987,~~850~~781.0094 ~~246~~248,~~356~~495.1626 23,~~030~~206,~~711~~649.9017 0.00 0.00 4-A-2 50,244,350.00 50,244,350.00 0.00 0.00 0.00 0.00 A-R 100.00 ~~100~~0.00 20.4300 970.5700 0.00 0.00 B-1 12,695,300.00 12,~~695~~690,~~300~~331.0075 45,~~968~~036.2567 0.00 0.00 0.00 B-2 8,463,400.00 8,~~463~~460,~~400~~087.0088 3,~~312~~357.1273 0.00 0.00 0.00 B-3 5,172,300.00 5,~~172~~170,~~300~~275.0084 2,~~024~~052.1603 0.00 0.00 0.00 B-4 3,761,500.00 3,~~761~~760,~~500~~027.0095 1,~~472~~492.0532 0.00 0.00 0.00 B-5 2,350,900.00 2,~~350~~349,~~900~~979.0098 ~~920~~932.0268 0.00 0.00 0.00 B-6 1,880,886.00 1,880,~~886~~149.0092 ~~736~~746.0821 0.00 0.00 0.00 Totals 940,386,486.00 ~~940~~934,~~386~~370,~~486~~072.0042 ~~368~~370,~~016~~024.7156 58,~~648~~767,~~396~~474.8783 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A-1 166,~~577,188~~014.7357 264,~~068~~002,~~111~~096.2770 0.~~99406280~~99381430 166,~~577,188~~014.7357 2-A-1 24,~~007~~773,~~658~~271.9231 ~~203~~198,~~311~~538,~~541~~269.0877 0.~~99022177~~96697372 24,~~007~~773,~~658~~271.9231 3-A-1 64381,~~785~~202.2505 99,~~935~~554,~~214~~012.7570 0.~~99935215~~99554013 64381,~~785~~202.2505 3-A-2 76448,~~179~~249.9439 4948,~~245~~797,~~420~~170.0667 0.~~99845544~~98936715 76448,~~179~~249.9439 3-A-3 0.00 45,986,000.00 1.00000000 0.00 3-A-4 0.00 22,280,800.00 1.00000000 0.00 4-A-1 23,~~277~~455,~~068~~144.0643 ~~164~~161,~~987~~532,~~781~~637.9451 0.~~98638645~~96572972 23,~~277~~455,~~068~~144.0643 4-A-2 0.00 50,244,350.00 1.00000000 0.00 A-R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 B-1 45,~~968~~036.2567 12,~~690~~685,~~331~~295.7508 0.~~99960865~~99921192 45,~~968~~036.2567 B-2 3,~~312~~357.1273 8,~~460~~456,~~087~~730.8816 0.~~99960865~~99921192 3,~~312~~357.1273 B-3 2,~~024~~052.1603 5,~~170~~168,~~275~~223.8481 0.~~99960865~~99921192 2,~~024~~052.1603 B-4 1,~~472~~492.0532 3,~~760~~758,~~027~~535.9563 0.~~99960865~~99921192 1,~~472~~492.0532 B-5 ~~920~~932.0268 2,349,~~979~~047.9830 0.~~99960865~~99921192 ~~920~~932.0268 B-6 ~~736~~746.0821 1,~~880~~879,~~149~~403.9271 0.~~99960865~~99921192 ~~736~~746.0821 Totals 69,~~016~~137,~~413~~499.5839 ~~934~~925,~~370~~232,~~072~~573.4204 0.~~99360219~~98388544 69,~~016~~137,~~413~~499.5839

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 265,645,300.00 ~~1000~~994.~~00000000~~06280205 0.~~14402807~~14157826 50.~~79316988~~10692819 0.00000000 2-A-1 205,319,200.00 ~~1000~~990.~~00000000~~22176728 0.~~24407678~~24523815 923.~~53415594~~00281323 0.00000000 3-A-1 100,000,000.00 ~~1000~~999.~~00000000~~35214750 0.~~09123380~~09168670 03.~~55661870~~72033380 0.00000000 3-A-2 49,321,600.00 ~~1000~~998.~~00000000~~45544467 0.~~21751180~~21859165 18.~~32704353~~86970617 0.00000000 3-A-3 45,986,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-4 22,280,800.00 1000.00000000 0.00000000 0.00000000 0.00000000 4-A-1 167,264,850.00 ~~1000~~986.~~00000000~~38645203 1.~~47285075~~48563945 1219.~~14069722~~17108807 0.00000000 4-A-2 50,244,350.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 ~~1000~~0.00000000 240.~~30000000~~00000000 ~~975~~0.~~70000000~~00000000 0.00000000 B-1 12,695,300.00 ~~1000~~999.~~00000000~~60865438 0.~~39134562~~39673501 0.00000000 0.00000000 B-2 8,463,400.00 ~~1000~~999.~~00000000~~60865373 0.~~39134627~~39673535 0.00000000 0.00000000 B-3 5,172,300.00 ~~1000~~999.~~00000000~~60865379 0.~~39134621~~39673453 0.00000000 0.00000000 B-4 3,761,500.00 ~~1000~~999.~~00000000~~60865346 0.~~39134654~~39673534 0.00000000 0.00000000 B-5 2,350,900.00 ~~1000~~999.~~00000000~~60865201 0.~~39134799~~39673317 0.00000000 0.00000000 B-6 1,880,886.00 ~~1000~~999.~~00000000~~60865252 0.~~39134748~~39673324 0.00000000 0.00000000 (2) All denominations are per $1000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 50.~~93719795~~24850645 ~~994~~993.~~06280205~~81429560 0.~~99406280~~99381430 50.~~93719795~~24850645 2-A-1 0.00000000 923.~~77823272~~24805138 ~~990~~966.~~22176728~~97371590 0.~~99022177~~96697372 923.~~77823272~~24805138 3-A-1 0.00000000 03.~~64785250~~81202050 ~~999~~995.~~35214750~~54012700 0.~~99935215~~99554013 03.~~64785250~~81202050 3-A-2 0.00000000 19.~~54455533~~08829782 ~~998~~989.~~45544467~~36714685 0.~~99845544~~98936715 19.~~54455533~~08829782 3-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 4-A-1 0.00000000 1320.~~61354797~~65672752 ~~986~~965.~~38645203~~72972451 0.~~98638645~~96572972 1320.~~61354797~~65672752 4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 B-1 0.00000000 0.~~39134562~~39673501 999.~~60865438~~21191937 0.~~99960865~~99921192 0.~~39134562~~39673501 B-2 0.00000000 0.~~39134627~~39673535 999.~~60865373~~21191956 0.~~99960865~~99921192 0.~~39134627~~39673535 B-3 0.00000000 0.~~39134621~~39673453 999.~~60865379~~21191926 0.~~99960865~~99921192 0.~~39134621~~39673453 B-4 0.00000000 0.~~39134654~~39673534 999.~~60865346~~21191812 0.~~99960865~~99921192 0.~~39134654~~39673534 B-5 0.00000000 0.~~39134799~~39673317 999.~~60865201~~21191884 0.~~99960865~~99921192 0.~~39134799~~39673317 B-6 0.00000000 0.~~39134748~~39673324 999.~~60865252~~21191928 0.~~99960865~~99921192 0.~~39134748~~39673324 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A-1 265,645,300.00 5.~~41661~~41628% ~~265~~264,~~645~~068,~~300~~111.0027 1,~~199~~191,~~080~~889.9208 0.00 0.00 2-A-1 205,319,200.00 5.~~08854~~08620% ~~205~~203,~~319~~311,~~200~~541.0008 ~~870~~861,~~646~~735.4324 0.00 0.00 3-A-1 100,000,000.00 5.~~19156~~19153% ~~100~~99,~~000~~935,~~000~~214.0075 432,~~629~~347.7820 0.00 0.00 3-A-2 49,321,600.00 5.~~19156~~19153% 49,~~321~~245,~~600~~420.0006 213,~~379~~049.9322 0.00 0.00 3-A-3 45,986,000.00 5.~~19156~~19153% 45,986,000.00 198,~~949~~948.1307 0.00 0.00 3-A-4 22,280,800.00 5.~~19156~~19153% 22,280,800.00 96,~~393~~392.3886 0.00 0.00 4-A-1 167,264,850.00 5.~~11825~~11924% ~~167~~164,~~264~~987,~~850~~781.0094 ~~713~~703,~~419~~843.3016 0.00 0.00 4-A-2 50,244,350.00 5.~~11825~~11924% 50,244,350.00 214,~~302~~344.5801 0.00 0.00 A-R 100.00 5.~~41661~~41612% ~~100~~0.00 0.4500 0.00 0.00 B-1 12,695,300.00 5.~~21660~~21622% 12,~~695~~690,~~300~~331.0075 55,~~188~~163.5602 0.00 0.00 B-2 8,463,400.00 5.~~21660~~21622% 8,~~463~~460,~~400~~087.0088 36,~~791~~774.7977 0.00 0.00 B-3 5,172,300.00 5.~~21660~~21622% 5,~~172~~170,~~300~~275.0084 22,~~484~~474.8444 0.00 0.00 B-4 3,761,500.00 5.~~21660~~21622% 3,~~761~~760,~~500~~027.0095 16,~~351~~344.8629 0.00 0.00 B-5 2,350,900.00 5.~~21660~~21622% 2,~~350~~349,~~900~~979.0098 10,~~219~~215.7502 0.00 0.00 B-6 1,880,886.00 5.~~21660~~21622% 1,880,~~886~~149.0092 8,~~176~~172.5274 0.00 0.00 Totals 940,386,486.00 4,~~088~~061,~~015~~693.2212 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A-1 0.00 0.00 1,~~199~~191,~~080~~889.9208 0.00 264,~~068~~002,~~111~~096.2770 2-A-1 0.00 0.00 ~~870~~861,~~646~~735.4324 0.00 ~~203~~198,~~311~~538,~~541~~269.0877 3-A-1 0.00 0.00 432,~~629~~347.7820 0.00 99,~~935~~554,~~214~~012.7570 3-A-2 0.00 0.00 213,~~379~~049.9322 0.00 4948,~~245~~797,~~420~~170.0667 3-A-3 0.00 0.00 198,~~949~~948.1307 0.00 45,986,000.00 3-A-4 0.00 0.00 96,~~393~~392.3886 0.00 22,280,800.00 4-A-1 0.00 0.00 ~~713~~703,~~419~~843.3016 0.00 ~~164~~161,~~987~~532,~~781~~637.9451 4-A-2 0.00 0.00 214,~~302~~344.5801 0.00 50,244,350.00 A-R 0.00 0.00 0.4702 0.00 0.00 B-1 0.00 0.00 55,~~188~~163.5602 0.00 12,~~690~~685,~~331~~295.7508 B-2 0.00 0.00 36,~~791~~774.7977 0.00 8,~~460~~456,~~087~~730.8816 B-3 0.00 0.00 22,~~484~~474.8444 0.00 5,~~170~~168,~~275~~223.8481 B-4 0.00 0.00 16,~~351~~344.8629 0.00 3,~~760~~758,~~027~~535.9563 B-5 0.00 0.00 10,~~219~~215.7502 0.00 2,349,~~979~~047.9830 B-6 0.00 0.00 8,~~176~~172.5274 0.00 1,~~880~~879,~~149~~403.9271 Totals 0.00 0.00 4,~~088~~061,~~015~~693.2414 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A-1 265,645,300.00 5.~~41661~~41628% ~~1000~~994.~~00000000~~06280205 4.~~51384203~~48676894 0.00000000 0.00000000 2-A-1 205,319,200.00 5.~~08854~~08620% ~~1000~~990.~~00000000~~22176728 4.~~24045306~~19705142 0.00000000 0.00000000 3-A-1 100,000,000.00 5.~~19156~~19153% ~~1000~~999.~~00000000~~35214750 4.~~32629780~~32347200 0.00000000 0.00000000 3-A-2 49,321,600.00 5.~~19156~~19153% ~~1000~~998.~~00000000~~45544467 4.~~32629781~~31959263 0.00000000 0.00000000 3-A-3 45,986,000.00 5.~~19156~~19153% 1000.00000000 4.~~32629779~~32627474 0.00000000 0.00000000 3-A-4 22,280,800.00 5.~~19156~~19153% 1000.00000000 4.~~32629798~~32627464 0.00000000 0.00000000 4-A-1 167,264,850.00 5.~~11825~~11924% ~~1000~~986.~~00000000~~38645203 4.~~26520754~~20795618 0.00000000 0.00000000 4-A-2 50,244,350.00 5.~~11825~~11924% 1000.00000000 4.~~26520753~~26603210 0.00000000 0.00000000 A-R 100.00 5.~~41661~~41612% ~~1000~~0.00000000 40.~~50000000~~00000000 0.00000000 0.00000000 B-1 12,695,300.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865438 4.~~34716470~~34515293 0.00000000 0.00000000 B-2 8,463,400.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865373 4.~~34716426~~34515325 0.00000000 0.00000000 B-3 5,172,300.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865379 4.~~34716470~~34515399 0.00000000 0.00000000 B-4 3,761,500.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865346 4.~~34716469~~34515220 0.00000000 0.00000000 B-5 2,350,900.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865201 4.~~34716492~~34515292 0.00000000 0.00000000 B-6 1,880,886.00 5.~~21660~~21622% ~~1000~~999.~~00000000~~60865252 4.~~34716405~~34515436 0.00000000 0.00000000 (5) All denominations are per $1000

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A-1 0.00000000 0.00000000 4.~~51384203~~48676894 0.00000000 ~~994~~993.~~06280205~~81429560 2-A-1 0.00000000 0.00000000 4.~~24045306~~19705142 0.00000000 ~~990~~966.~~22176728~~97371590 3-A-1 0.00000000 0.00000000 4.~~32629780~~32347200 0.00000000 ~~999~~995.~~35214750~~54012700 3-A-2 0.00000000 0.00000000 4.~~32629781~~31959263 0.00000000 ~~998~~989.~~45544467~~36714685 3-A-3 0.00000000 0.00000000 4.~~32629779~~32627474 0.00000000 1000.00000000 3-A-4 0.00000000 0.00000000 4.~~32629798~~32627464 0.00000000 1000.00000000 4-A-1 0.00000000 0.00000000 4.~~26520754~~20795618 0.00000000 ~~986~~965.~~38645203~~72972451 4-A-2 0.00000000 0.00000000 4.~~26520753~~26603210 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 40.~~70000000~~20000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~34716470~~34515293 0.00000000 999.~~60865438~~21191937 B-2 0.00000000 0.00000000 4.~~34716426~~34515325 0.00000000 999.~~60865373~~21191956 B-3 0.00000000 0.00000000 4.~~34716470~~34515399 0.00000000 999.~~60865379~~21191926 B-4 0.00000000 0.00000000 4.~~34716469~~34515220 0.00000000 999.~~60865346~~21191812 B-5 0.00000000 0.00000000 4.~~34716492~~34515292 0.00000000 999.~~60865201~~21191884 B-6 0.00000000 0.00000000 4.~~34716405~~34515436 0.00000000 999.~~60865252~~21191928 (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 1013,~~318~~412,~~719~~155.7041 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1013,~~318~~412,~~719~~155.7041 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~214~~212,~~290~~962.88 Payment of Interest and Principal 1013,~~104~~199,~~428~~192.8253 Total Withdrawals (Pool Distribution Amount) 1013,~~318~~412,~~719~~155.7041 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~214~~212,~~290~~962.88 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~214~~212,~~290~~962.88

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 512 0 0 0 512 26,~~579~~696,~~946~~251.4772 0.00 0.00 0.00 26,~~579~~696,~~946~~251.4772 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 512 0 0 0 512 26,~~579~~696,~~946~~251.4772 0.00 0.00 0.00 26,~~579~~696,~~946~~251.4772 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.~~255232~~618557% 0.000000% 0.000000% 0.000000% 0.~~255232~~618557% 0.~~276038~~723555% 0.000000% 0.000000% 0.000000% 0.~~276038~~723555% 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.~~255232~~618557% 0.000000% 0.000000% 0.000000% 0.~~255232~~618557% 0.~~276038~~723555% 0.000000% 0.000000% 0.000000% 0.~~276038~~723555%

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 02 0 0 0 02 02,550,000.00 0.00 0.00 0.00 02,550,000.00 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 02 0 0 0 02 02,550,000.00 0.00 0.00 0.00 02,550,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~362319% 0.000000% 0.000000% 0.000000% 0.~~000000~~362319% 0.~~000000~~930372% 0.000000% 0.000000% 0.000000% 0.~~000000~~930372% 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~~362319% 0.000000% 0.000000% 0.000000% 0.~~000000~~362319% 0.~~000000~~930372% 0.000000% 0.000000% 0.000000% 0.~~000000~~930372% 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 52 0 0 0 5 2 910,~~579,946~~732.4714 0.00 0.00 0.00 2910,~~579,946~~732.4714 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 52 0 0 0 5 2 910,~~579,946~~732.4714 0.00 0.00 0.00 2910,~~579,946~~732.4714 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~039501~~426439% 0.000000% 0.000000% 0.000000% 10.~~039501~~426439% 10.~~222022~~441377% 0.000000% 0.000000% 0.000000% 10.~~222022~~441377% 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 10.~~039501~~426439% 0.000000% 0.000000% 0.000000% 10.~~039501~~426439% 10.~~222022~~441377% 0.000000% 0.000000% 0.000000% 10.~~222022~~441377% 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 05 0 0 0 05 02,011,024.0092 0.00 0.00 0.00 02,011,024.0092 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 05 0 0 0 05 02,011,024.0092 0.00 0.00 0.00 02,011,024.0092 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~970874% 0.000000% 0.000000% 0.000000% 0.~~000000~~970874% 0.~~000000~~894302% 0.000000% 0.000000% 0.000000% 0.~~000000~~894302% 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~~970874% 0.000000% 0.000000% 0.000000% 0.~~000000~~970874% 0.~~000000~~894302% 0.000000% 0.000000% 0.000000% 0.~~000000~~894302% 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 03 0 0 0 03 01,224,494.0066 0.00 0.00 0.00 01,224,494.0066 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 03 0 0 0 03 01,224,494.0066 0.00 0.00 0.00 01,224,494.0066 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~742574% 0.000000% 0.000000% 0.000000% 0.~~000000~~742574% 0.~~000000~~556155% 0.000000% 0.000000% 0.000000% 0.~~000000~~556155% 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~~742574% 0.000000% 0.000000% 0.000000% 0.~~000000~~742574% 0.~~000000~~556155% 0.000000% 0.000000% 0.000000% 0.~~000000~~556155%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1132,~~721~~846.4262

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 207,039.00 0.02201637% 207,039.00 0.~~02215814~~02237697% Fraud 18,807,730.00 2.00000003% 18,807,730.00 2.~~01287804~~03275701% Special Hazard 9,403,865.00 1.00000001% 9,~~403~~252,~~865~~325.0073 1.~~00643902~~00000000% 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.

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.

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~490048~~489888% Weighted Average Net Coupon 5.~~216598~~216383% Weighted Average Pass-Through Rate 5.~~216598~~216383% Weighted Average Maturity(Stepdown Calculation) ~~357~~356 Beginning Scheduled Collateral Loan Count 1,~~964~~959 Number Of Loans Paid In Full 519 Ending Scheduled Collateral Loan Count 1,~~959~~940 Beginning Scheduled Collateral Balance ~~940~~934,~~386~~370,~~486~~072.0071 Ending Scheduled Collateral Balance ~~934~~925,~~370~~232,~~072~~573.7131 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 ~~934~~925,~~632~~465,~~953~~491.1790 Monthly P&I Constant 4,~~670~~644,~~322~~681.7303 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~368~~370,~~016~~024.7097 Unscheduled Principal 58,~~648~~767,~~396~~474.8743

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~695846~~695382 5.~~345370~~343085 5.~~497073~~497052 Weighted Average Net Rate 5.~~416610~~416280 5.~~088544~~086196 5.~~191557~~191529 Weighted Average Maturity ~~358~~ 357 ~~357~~356 356 Beginning Loan Count ~~554~~553 ~~483~~481 516 Loans Paid In Full 1 212 01 Ending Loan Count ~~553~~552 ~~481~~469 ~~516~~515 Beginning Scheduled Balance ~~275~~274,~~708~~130,~~843~~105.0034 ~~213~~211,~~097~~087,~~286~~729.0018 225,~~831~~689,~~279~~562.0016 Ending Scheduled Balance 274,~~130~~062,~~105~~657.3470 ~~211~~206,~~087~~312,~~729~~532.1802 ~~225~~224,~~689~~859,~~562~~354.1653 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant 1,~~348~~340,~~374~~106.9517 1992,~~001,248~~161.5509 1,~~055~~054,~~112~~562.7027 Scheduled Principal 39,~~712~~043.3207 52,~~012~~277.1095 20,~~603~~706.4415 Unscheduled Principal 128,~~539,025~~404.9257 14,~~957~~722,~~545~~919.2721 ~~121~~809,~~113~~501.7848 Scheduled Interest 1,~~308~~301,~~662~~063.6310 ~~949~~939,~~236~~883.4514 1,~~034~~033,~~509~~856.2612 Servicing Fees 6463,~~156~~758.49 45,~~607~~188.3445 57,~~495~~461.9922 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,~~244~~237,~~506~~304.1461 ~~903~~894,~~629~~694.1169 ~~977~~976,~~013~~394.2790 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.~~416610~~416280 5.~~088544~~086196 5.~~191557~~191529

Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~368249~~369239 5.~~490048~~489888 Weighted Average Net Rate 5.~~118249~~119239 5.~~216598~~216383 Weighted Average Maturity ~~358~~ 357 356 Beginning Loan Count ~~411~~409 1,~~964~~959 Loans Paid In Full 2 5 19 Ending Loan Count ~~409~~404 1,~~959~~940 Beginning Scheduled Balance ~~225~~223,~~749~~462,~~076~~676.0003 ~~940~~934,~~386~~370,~~484~~072.0071 Ending scheduled Balance ~~223~~219,~~462~~998,~~676~~029.0306 ~~934~~925,~~370~~232,~~072~~573.7131 Record Date 0607/3029/2005 0607/3029/2005 Principal And Interest Constant 1,~~265~~257,~~586~~851.5350 4,~~670~~644,~~322~~681.7303 Scheduled Principal ~~255~~257,~~688~~997.8480 ~~368~~370,~~016~~024.7097 Unscheduled Principal 23,~~030~~206,~~711~~649.9017 58,~~648~~767,~~396~~474.8743 Scheduled Interest 1999,~~009,897~~853.6970 4,~~302~~274,~~306~~656.0306 Servicing Fees 4746,~~031~~554.0672 ~~214~~212,~~290~~962.88 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~962~~953,~~866~~298.6398 4,~~088~~061,~~015~~693.1518 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~118249~~119239 5.~~216598~~216383

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 1 ~~432~~371,~~000~~920.00 ~~432,000~~0.0040 0 0.00 0.00 2 212 14,~~319~~618,~~550~~348.00 14,~~319~~612,~~550~~294.0097 0 0.00 0.00 3 01 0129,000.00 0129,000.00 0 0.00 0.00 4 25 12,~~381~~580,~~000~~558.00 12,~~379~~575,~~452~~143.6854 0 0.00 0.00 Total 519 37,~~132~~699,~~550~~826.00 37,~~131~~316,~~002~~438.6891 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 0.00 128,~~107,025~~404.9257 2 0 0.00 0.00 0 0.00 0.00 ~~637~~112,~~995~~540.2763 3 0 0.00 0.00 0 0.00 0.00 ~~121~~680,~~113~~501.7848 4 0 0.00 0.00 0 0.00 0.00 ~~652~~634,~~813~~232.4726 Total 0 0.00 0.00 0 0.00 0.00 21,~~518~~455,~~948~~678.4494

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 ~~1844147808~~0030590921 VAGA 9080.00 01-Jun-2005 371,920.00 0.00 2 0030430466 FL 77.04 01-Jun-2005 122,500.00 122,500.00 2 0222209009 MA 75.00 01-Apr-2005 405,000.00 404,500.00 2 1844166620 MD 80.00 01-Jun-2005 389,748.00 389,748.00 2 1846135628 WA 80.00 01-Jun-2005 504,000.00 502,375.98 2 1846147365 IL 75.00 01-May-2005 ~~432~~712,500.00 709,502.96 2 1847114339 CA 74.89 01-Apr-2005 674,000.00 ~~432~~674,000.00 2 ~~0105216799~~1847114576 CA 80.00 01-Apr-2005 428,000.00 428,000.00 2 1847118103 CA 80.00 01-May-2005 544,000.00 541,527.85 2 1847122712 CA 79.9914 01-May-2005 ~~469~~277,~~550~~000.00 ~~469~~277,~~550~~000.00 2 ~~1847114714~~7078935561 CATN 6895.00 01-Apr-2003 140,600.00 140,329.49 2 7079755919 MI 91.61 01-Oct-2003 284,000.00 283,942.51 2 7079986407 OH 100.00 01-May-2005 ~~850~~137,000.00 ~~850~~136,951.79 3 1845142231 FL 70.88 01-Jun-2005 129,000.00 129,000.00 4 ~~1236167605~~1076116311 CAUT 7465.8400 01-Jun-2005 ~~681~~637,000.00 ~~679~~634,~~434~~995.3221 4 ~~1412411691~~1230197909 MICA 79.82 01-Jun-2005 638,558.00 636,451.56 4 1574052465 VA 54.23 01-Jun-2005 500,000.00 498,350.62 4 1739020453 NV 79.69 01-Jun-2005 ~~700~~255,000.00 ~~698~~254,~~464~~270.1134 4 1761473362 VA 78.01 01-Jun-2005 550,000.00 548,349.18

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 ~~1844147808~~0030590921 Loan Paid in Full (1) 5.357% 360 360 2 0030430466 Loan Paid in Full (1) 5.830% 360 2 2 0222209009 Loan Paid in Full 0 5.250% 360 4 2 1844166620 Loan Paid in Full 0 6.250% 360 2 2 ~~0105216799~~1846135628 Loan Paid in Full 0 65.~~000~~625% 360 2 2 ~~1847114714~~1846147365 Loan Paid in Full 0 5.750% 360 3 2 1847114339 Loan Paid in Full 0 5.125% 360 4 2 1847114576 Loan Paid in Full 0 5.500% 360 4 2 1847118103 Loan Paid in Full 0 5.375% 360 3 2 1847122712 Loan Paid in Full 0 4.625% 360 3 2 7078935561 Loan Paid in Full 0 4.750% ~~1236167605~~360 28 2 7079755919 Loan Paid in Full 0 4.875% 360 22 2 7079986407 Loan Paid in Full 0 5.~~250~~625% 360 3 3 1845142231 Loan Paid in Full (1) 5.500% 360 2 4 ~~1412411691~~1076116311 Loan Paid in Full 0 5.750% 360 2 4 1230197909 Loan Paid in Full 0 5.500% 360 12 4 1574052465 Loan Paid in Full 0 5.500% 360 2 4 1739020453 Loan Paid in Full 0 6.250% 360 2 4 1761473362 Loan Paid in Full 0 6.000% 360 2

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 0.~~601~~939% Current Month 610.~~977~~701% Current Month 2,~~157~~052.~~803~~838% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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 N/A N/A Jun-2005 N/A N/A Jul-2005 6.977% N/A Jul-2005 2,157.803% N/A Aug-2005 10.701% N/A Aug-2005 2,052.838% 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 0.~~558~~010% Current Month 60.~~498~~124% Current Month ~~2,178~~24.~~562~~938% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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 N/A N/A Jun-2005 N/A N/A Jul-2005 6.498% N/A Jul-2005 2,178.562% N/A Aug-2005 0.124% N/A Aug-2005 24.938% 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 02.~~919~~238% Current Month 1023.~~486~~785% Current Month 23,~~543~~942.~~557~~474% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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 N/A N/A Jun-2005 N/A N/A Jul-2005 10.486% N/A Jul-2005 2,543.557% N/A Aug-2005 23.785% N/A Aug-2005 3,942.474% 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 0.~~054~~359% Current Month 04.~~642~~221% Current Month ~~197~~805.~~895~~262% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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 N/A N/A Jun-2005 N/A N/A Jul-2005 0.642% N/A Jul-2005 197.895% N/A Aug-2005 4.221% N/A Aug-2005 805.262% 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 01.~~901~~437% Current Month 1015.~~287~~941% Current Month 3,~~821~~392.~~574~~375% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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 N/A N/A Jun-2005 N/A N/A Jul-2005 10.287% N/A Jul-2005 3,821.574% N/A Aug-2005 15.941% N/A Aug-2005 3,392.375% 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 N/A N/A Jun-2005 N/A 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 · J.P. Morgan Mortgage Trust 2005-A4