8-K 1 ace05he2_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 ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-119047-07 Pooling and Servicing Agreement) (Commission 54-2169417 (State or other File Number) 54-2169418 jurisdiction IRS EIN 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 ACE SECURITIES CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series 2005-HE2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE2 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. ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE2 Trust, relating to the August 25, 2005 distribution. EX-99.1

ACE Securities Corporation Asset Backed Pass-Through Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 ACE Securities Corporation Asset Backed Pass-Through Certificates Series ACE 2005-HE2 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 004421LY7 SEN 3.~~53438~~68000% ~~647~~618,~~050~~511,~~100~~112.3540 1,~~778~~959,~~716~~992.2899 A-2A 004421LZ4 SEN 3.~~40438~~55000% ~~133~~123,~~419~~846,~~227~~083.8664 ~~353~~378,~~274~~590.2560 A-2B 004421MA8 SEN 3.~~51438~~66000% 69,647,000.00 ~~190~~219,~~373~~504.5713 A-2C 004421MB6 SEN 3.~~62438~~77000% 39,120,000.00 ~~110~~126,~~277~~998.8073 M-1 004421MC4 MEZ 3.~~75438~~90000% 70,729,000.00 ~~206~~237,~~533~~531.8756 M-2 004421MD2 MEZ 3.~~76438~~91000% 39,023,000.00 ~~114~~131,~~253~~388.5327 M-3 004421ME0 MEZ 3.~~79438~~94000% 23,780,000.00 7080,~~179~~680.1726 M-4 004421MF7 MEZ 34.~~95438~~10000% 21,341,000.00 6575,~~637~~345.0059 M-5 004421MG5 MEZ 34.~~99438~~14000% 20,731,000.00 6473,~~405~~906.8301 M-6 004421MH3 MEZ 4.~~06438~~21000% 18,292,000.00 5766,~~824~~313.3958 M-7 004421MJ9 MEZ 4.~~54438~~69000% 15,243,000.00 5361,~~876~~560.6555 M-8 004421MK6 MEZ 4.~~68438~~83000% 15,243,000.00 5563,~~536~~398.4518 M-9 004421ML4 MEZ 5.~~29438~~44000% 12,195,000.00 5057,~~217~~126.1980 M-10 004421MM2 MEZ 6.~~56438~~71000% 12,195,000.00 6270,~~263~~463.1439 B-1 004421MN0 SUB 6.~~56438~~71000% 16,463,000.00 8495,~~053~~124.9713 B-2 004421MP5 SUB 6.~~56438~~71000% 7,317,000.00 3742,~~357~~278.8903 CE ACE05H2CE SUB 0.00000% 7,316,781.97 32,~~066~~460,~~524~~934.9796 P ACE05HE2P SEN 0.00000% 100.00 ~~402~~1,~~088~~123,614.2444 R ACE05H2R1 SUB 0.00000% 0.00 0.00 Totals 1,~~169~~130,~~105~~993,~~210~~078.1801 67,~~823~~324,~~394~~752.1920

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1 2830,~~538~~331,~~987~~460.9518 0.00 ~~618~~588,~~511~~179,~~112~~652.4022 3032,~~317~~291,~~704~~453.2317 0.00 A-2A 913,~~573~~055,~~144~~341.2291 0.00 ~~123~~110,~~846~~790,~~083~~741.6473 913,~~926~~433,~~418~~932.4751 0.00 A-2B 0.00 0.00 69,647,000.00 ~~190~~219,~~373~~504.5713 0.00 A-2C 0.00 0.00 39,120,000.00 ~~110~~126,~~277~~998.8073 0.00 M-1 0.00 0.00 70,729,000.00 ~~206~~237,~~533~~531.8756 0.00 M-2 0.00 0.00 39,023,000.00 ~~114~~131,~~253~~388.5327 0.00 M-3 0.00 0.00 23,780,000.00 7080,~~179~~680.1726 0.00 M-4 0.00 0.00 21,341,000.00 6575,~~637~~345.0059 0.00 M-5 0.00 0.00 20,731,000.00 6473,~~405~~906.8301 0.00 M-6 0.00 0.00 18,292,000.00 5766,~~824~~313.3958 0.00 M-7 0.00 0.00 15,243,000.00 5361,~~876~~560.6555 0.00 M-8 0.00 0.00 15,243,000.00 5563,~~536~~398.4518 0.00 M-9 0.00 0.00 12,195,000.00 5057,~~217~~126.1980 0.00 M-10 0.00 0.00 12,195,000.00 6270,~~263~~463.1439 0.00 B-1 0.00 0.00 16,463,000.00 8495,~~053~~124.9713 0.00 B-2 0.00 0.00 7,317,000.00 3742,~~357~~278.8903 0.00 CE 0.00 0.00 7,316,781.97 32,~~066~~460,~~524~~934.9796 0.00 P 0.00 0.00 100.00 ~~402~~1,~~088~~123,614.2444 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 3843,~~112~~386,~~132~~802.1709 0.00 1,~~130~~087,~~993~~606,~~078~~275.0192 4450,~~935~~711,~~526~~554.3629 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-1 680,337,000.00 ~~647~~618,~~050~~511,~~100~~112.3540 0.00 2830,~~538~~331,~~987~~460.9518 0.00 0.00 A-2A 150,490,000.00 ~~133~~123,~~419~~846,~~227~~083.8664 0.00 913,~~573~~055,~~144~~341.2291 0.00 0.00 A-2B 69,647,000.00 69,647,000.00 0.00 0.00 0.00 0.00 A-2C 39,120,000.00 39,120,000.00 0.00 0.00 0.00 0.00 M-1 70,729,000.00 70,729,000.00 0.00 0.00 0.00 0.00 M-2 39,023,000.00 39,023,000.00 0.00 0.00 0.00 0.00 M-3 23,780,000.00 23,780,000.00 0.00 0.00 0.00 0.00 M-4 21,341,000.00 21,341,000.00 0.00 0.00 0.00 0.00 M-5 20,731,000.00 20,731,000.00 0.00 0.00 0.00 0.00 M-6 18,292,000.00 18,292,000.00 0.00 0.00 0.00 0.00 M-7 15,243,000.00 15,243,000.00 0.00 0.00 0.00 0.00 M-8 15,243,000.00 15,243,000.00 0.00 0.00 0.00 0.00 M-9 12,195,000.00 12,195,000.00 0.00 0.00 0.00 0.00 M-10 12,195,000.00 12,195,000.00 0.00 0.00 0.00 0.00 B-1 16,463,000.00 16,463,000.00 0.00 0.00 0.00 0.00 B-2 7,317,000.00 7,317,000.00 0.00 0.00 0.00 0.00 CE 7,317,562.49 7,316,781.97 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,219,463,662.49 1,~~169~~130,~~105~~993,~~210~~078.1801 0.00 3843,~~112~~386,~~132~~802.1709 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 2830,~~538~~331,~~987~~460.9518 ~~618~~588,~~511~~179,~~112~~652.4022 0.~~90912461~~86454162 2830,~~538~~331,~~987~~460.9518 A-2A 913,~~573~~055,~~144~~341.2291 ~~123~~110,~~846~~790,~~083~~741.6473 0.~~82295225~~73620002 913,~~573~~055,~~144~~341.2291 A-2B 0.00 69,647,000.00 1.00000000 0.00 A-2C 0.00 39,120,000.00 1.00000000 0.00 M-1 0.00 70,729,000.00 1.00000000 0.00 M-2 0.00 39,023,000.00 1.00000000 0.00 M-3 0.00 23,780,000.00 1.00000000 0.00 M-4 0.00 21,341,000.00 1.00000000 0.00 M-5 0.00 20,731,000.00 1.00000000 0.00 M-6 0.00 18,292,000.00 1.00000000 0.00 M-7 0.00 15,243,000.00 1.00000000 0.00 M-8 0.00 15,243,000.00 1.00000000 0.00 M-9 0.00 12,195,000.00 1.00000000 0.00 M-10 0.00 12,195,000.00 1.00000000 0.00 B-1 0.00 16,463,000.00 1.00000000 0.00 B-2 0.00 7,317,000.00 1.00000000 0.00 CE 0.00 7,316,781.97 0.99989334 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 3843,~~112~~386,~~132~~802.1709 1,~~130~~087,~~993~~606,~~078~~275.0192 0.~~92745123~~89187264 3843,~~112~~386,~~132~~802.1709

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 680,337,000.00 ~~951~~909.~~07292467~~12461383 0.00000000 4144.~~94831084~~58299369 0.00000000 A-2A 150,490,000.00 ~~886~~822.~~56540541~~95224693 0.00000000 6386.~~61315848~~75222214 0.00000000 A-2B 69,647,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 39,120,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 70,729,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 39,023,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 23,780,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 21,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 20,731,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 18,292,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 15,243,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 15,243,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 12,195,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 12,195,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 16,463,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 7,317,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 7,317,562.49 999.89333607 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 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 4144.~~94831084~~58299369 ~~909~~864.~~12461383~~54162014 0.~~90912461~~86454162 4144.~~94831084~~58299369 A-2A 0.00000000 6386.~~61315848~~75222214 ~~822~~736.~~95224693~~20002479 0.~~82295225~~73620002 6386.~~61315848~~75222214 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 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 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-10 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 CE 0.00000000 0.00000000 999.89333607 0.99989334 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 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-1 680,337,000.00 3.~~53438~~68000% ~~647~~618,~~050~~511,~~100~~112.3540 1,~~778~~959,~~716~~992.2899 0.00 0.00 A-2A 150,490,000.00 3.~~40438~~55000% ~~133~~123,~~419~~846,~~227~~083.8664 ~~353~~378,~~274~~590.2560 0.00 0.00 A-2B 69,647,000.00 3.~~51438~~66000% 69,647,000.00 ~~190~~219,~~373~~504.5713 0.00 0.00 A-2C 39,120,000.00 3.~~62438~~77000% 39,120,000.00 ~~110~~126,~~277~~998.8073 0.00 0.00 M-1 70,729,000.00 3.~~75438~~90000% 70,729,000.00 ~~206~~237,~~533~~531.8756 0.00 0.00 M-2 39,023,000.00 3.~~76438~~91000% 39,023,000.00 ~~114~~131,~~253~~388.5327 0.00 0.00 M-3 23,780,000.00 3.~~79438~~94000% 23,780,000.00 7080,~~179~~680.1726 0.00 0.00 M-4 21,341,000.00 34.~~95438~~10000% 21,341,000.00 6575,~~637~~345.0059 0.00 0.00 M-5 20,731,000.00 34.~~99438~~14000% 20,731,000.00 6473,~~405~~906.8301 0.00 0.00 M-6 18,292,000.00 4.~~06438~~21000% 18,292,000.00 5766,~~824~~313.3958 0.00 0.00 M-7 15,243,000.00 4.~~54438~~69000% 15,243,000.00 5361,~~876~~560.6555 0.00 0.00 M-8 15,243,000.00 4.~~68438~~83000% 15,243,000.00 5563,~~536~~398.4518 0.00 0.00 M-9 12,195,000.00 5.~~29438~~44000% 12,195,000.00 5057,~~217~~126.1980 0.00 0.00 M-10 12,195,000.00 6.~~56438~~71000% 12,195,000.00 6270,~~263~~463.1439 0.00 0.00 B-1 16,463,000.00 6.~~56438~~71000% 16,463,000.00 8495,~~053~~124.9713 0.00 0.00 B-2 7,317,000.00 6.~~56438~~71000% 7,317,000.00 3742,~~357~~278.8903 0.00 0.00 CE 7,317,562.49 0.00000% 1,~~169~~130,~~105~~993,~~210~~078.1801 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,219,463,662.49 3,~~354~~740,~~780~~202.9880 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 1,~~778~~959,~~716~~992.2899 0.00 ~~618~~588,~~511~~179,~~112~~652.4022 A-2A 0.00 0.00 ~~353~~378,~~274~~590.2560 0.00 ~~123~~110,~~846~~790,~~083~~741.6473 A-2B 0.00 0.00 ~~190~~219,~~373~~504.5713 0.00 69,647,000.00 A-2C 0.00 0.00 ~~110~~126,~~277~~998.8073 0.00 39,120,000.00 M-1 0.00 0.00 ~~206~~237,~~533~~531.8756 0.00 70,729,000.00 M-2 0.00 0.00 ~~114~~131,~~253~~388.5327 0.00 39,023,000.00 M-3 0.00 0.00 7080,~~179~~680.1726 0.00 23,780,000.00 M-4 0.00 0.00 6575,~~637~~345.0059 0.00 21,341,000.00 M-5 0.00 0.00 6473,~~405~~906.8301 0.00 20,731,000.00 M-6 0.00 0.00 5766,~~824~~313.3958 0.00 18,292,000.00 M-7 0.00 0.00 5361,~~876~~560.6555 0.00 15,243,000.00 M-8 0.00 0.00 5563,~~536~~398.4518 0.00 15,243,000.00 M-9 0.00 0.00 5057,~~217~~126.1980 0.00 12,195,000.00 M-10 0.00 0.00 6270,~~263~~463.1439 0.00 12,195,000.00 B-1 0.00 0.00 8495,~~053~~124.9713 0.00 16,463,000.00 B-2 0.00 0.00 3742,~~357~~278.8903 0.00 7,317,000.00 CE 0.00 0.00 32,~~066~~460,~~524~~934.9796 0.00 1,~~130~~087,~~993~~606,~~078~~275.0192 P 0.00 0.00 ~~402~~1,~~088~~123,614.2444 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 67,~~823~~324,~~394~~752.1920 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-1 680,337,000.00 3.~~53438~~68000% ~~951~~909.~~07292467~~12461383 2.~~61446354~~88091488 0.00000000 0.00000000 A-2A 150,490,000.00 3.~~40438~~55000% ~~886~~822.~~56540541~~95224693 2.~~34749319~~51571932 0.00000000 0.00000000 A-2B 69,647,000.00 3.~~51438~~66000% 1000.00000000 23.~~73340661~~15166669 0.00000000 0.00000000 A-2C 39,120,000.00 3.~~62438~~77000% 1000.00000000 23.~~81896217~~24638880 0.00000000 0.00000000 M-1 70,729,000.00 3.~~75438~~90000% 1000.00000000 23.~~92007338~~35833336 0.00000000 0.00000000 M-2 39,023,000.00 3.~~76438~~91000% 1000.00000000 23.~~92785101~~36694437 0.00000000 0.00000000 M-3 23,780,000.00 3.~~79438~~94000% 1000.00000000 23.~~95118461~~39277796 0.00000000 0.00000000 M-4 21,341,000.00 34.~~95438~~10000% 1000.00000000 3.~~07562907~~53055574 0.00000000 0.00000000 M-5 20,731,000.00 34.~~99438~~14000% 1000.00000000 3.~~10674015~~56499976 0.00000000 0.00000000 M-6 18,292,000.00 4.~~06438~~21000% 1000.00000000 3.~~16118467~~62527772 0.00000000 0.00000000 M-7 15,243,000.00 4.~~54438~~69000% 1000.00000000 34.~~53451748~~03861117 0.00000000 0.00000000 M-8 15,243,000.00 4.~~68438~~83000% 1000.00000000 34.~~64340681~~15916683 0.00000000 0.00000000 M-9 12,195,000.00 5.~~29438~~44000% 1000.00000000 4.~~11785076~~68444444 0.00000000 0.00000000 M-10 12,195,000.00 6.~~56438~~71000% 1000.00000000 5.~~10562854~~77805576 0.00000000 0.00000000 B-1 16,463,000.00 6.~~56438~~71000% 1000.00000000 5.~~10562899~~77805564 0.00000000 0.00000000 B-2 7,317,000.00 6.~~56438~~71000% 1000.00000000 5.~~10562936~~77805521 0.00000000 0.00000000 CE 7,317,562.49 0.00000% ~~159767~~154558.~~02785629~~71809166 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 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.~~61446354~~88091488 0.00000000 ~~909~~864.~~12461383~~54162014 A-2A 0.00000000 0.00000000 2.~~34749319~~51571932 0.00000000 ~~822~~736.~~95224693~~20002479 A-2B 0.00000000 0.00000000 23.~~73340661~~15166669 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 23.~~81896217~~24638880 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 23.~~92007338~~35833336 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 23.~~92785101~~36694437 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 23.~~95118461~~39277796 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~07562907~~53055574 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~10674015~~56499976 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.~~16118467~~62527772 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 34.~~53451748~~03861117 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 34.~~64340681~~15916683 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.~~11785076~~68444444 0.00000000 1000.00000000 M-10 0.00000000 0.00000000 5.~~10562854~~77805576 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 5.~~10562899~~77805564 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 5.~~10562936~~77805521 0.00000000 1000.00000000 CE 0.00000000 0.00000000 ~~419~~336.~~06372159~~30528791 0.00000000 ~~154558~~148629.~~71809166~~58497537 P 0.00000000 0.00000000 ~~4020882~~11236144.40000000 0.00000000 1000.00000000 R 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 4449,~~782~~914,~~797~~858.2014 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~310~~485,~~127~~087.8391 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~402~~1,~~088~~123,614.2444 Total Deposits 4551,~~495~~523,~~013~~560.2749 Withdrawals Reimbursement for Servicer Advances 40310,~~696~~127.4883 Payment of Service Fee ~~518~~501,~~790~~878.4337 Payment of Interest and Principal 4450,~~935~~711,~~526~~554.3629 Total Withdrawals (Pool Distribution Amount) 4551,~~495~~523,~~013~~560.2749 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~487~~471,~~127~~247.1640 Credit Risk Manager Fee - The Murrayhill Company 13,~~639~~194.5662 Master Servicing Fee Wells Fargo 1817,~~023~~436.7135 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~518~~501,~~790~~878.4337

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 010,617.0056 010,617.0056 1,000.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1514 0 0 1514 21,~~197~~836,~~672~~177.6876 0.00 0.00 21,~~197~~836,~~672~~177.6876 30 Days ~~169~~264 01 0 0 ~~169~~265 2742,~~016~~827,~~874~~738.8170 0360,385.0009 0.00 0.00 2743,~~016~~188,~~874~~123.8179 60 Days 56118 0 0 0 56118 918,~~181~~966,~~043~~404.6227 0.00 0.00 0.00 918,~~181~~966,~~043~~404.6227 90 Days 2939 0 01 0 2940 5,~~490~~687,~~768~~980.9476 0.00 0159,892.0042 0.00 5,~~490~~847,~~768~~873.9418 120 Days 250 3 1 0 290 ~~4,845,378.96~~1 ~~273,390~~0.00 7143,~~000~~861.92 0.00 0.00 5143,~~125,768~~861.9692 150 Days 024 02 01 0 027 04,713,378.0096 0129,399.00 07,000.00 0.00 04,849,777.0096 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~279~~445 18 12 0 ~~298~~465 4672,~~534~~195,~~066~~502.3369 2,~~471~~469,~~062~~823.6877 7166,~~000~~892.0042 0.00 4974,~~012~~832,~~129~~218.0188 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.~~244419~~236008% 0.000000% 0.000000% 0.~~244419~~236008% 0.~~194172~~168702% 0.000000% 0.000000% 0.~~194172~~168702% 30 Days 24.~~753788~~450438% 0.~~000000~~016858% 0.000000% 0.000000% 24.~~753788~~467296% 23.~~387034~~934867% 0.~~000000~~033111% 0.000000% 0.000000% 23.~~387034~~967978% 60 Days 01.~~912498~~989211% 0.000000% 0.000000% 0.000000% 01.~~912498~~989211% 01.~~811177~~742569% 0.000000% 0.000000% 0.000000% 01.~~811177~~742569% 90 Days 0.~~472544~~657451% 0.000000% 0.~~000000~~016858% 0.000000% 0.~~472544~~674309% 0.~~485128~~522592% 0.000000% 0.~~000000~~014690% 0.000000% 0.~~485128~~537283% 120 Days 0.~~407365~~000000% 0.~~048884~~016858% 0.~~016295~~000000% 0.000000% 0.~~472544~~016858% 0.~~428106~~000000% 0.~~024155~~013218% 0.~~000618~~000000% 0.000000% 0.~~452879~~013218% 150 Days 0.~~000000~~404585% 0.~~000000~~033715% 0.~~000000~~016858% 0.000000% 0.~~000000~~455158% 0.~~000000~~433049% 0.~~000000~~011889% 0.~~000000~~000643% 0.000000% 0.~~000000~~445581% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 47.~~546195~~501686% 0.~~293303~~303439% 0.~~016295~~033715% 0.000000% 47.~~855793~~838840% 46.~~111445~~633077% 0.~~218327~~226919% 0.~~000618~~015334% 0.000000% 46.~~330391~~875330%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 Sub Grp 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 5 0 0 5 220,~~976~~793.72 0.00 0.00 220,~~976~~793.72 30 Days 3662 0 0 0 3662 13,~~549~~946,~~813~~440.2209 0.00 0.00 0.00 13,~~549~~946,~~813~~440.2209 60 Days 422 0 0 0 422 ~~146~~694,~~795~~461.6401 0.00 0.00 0.00 ~~146~~694,~~795~~461.6401 90 Days 94 0 0 0 94 ~~353~~192,~~141~~606.5041 0.00 0.00 0.00 ~~353~~192,~~141~~606.5041 120 Days 50 10 10 0 70 ~~326,964~~0.6800 ~~15,999~~0.00 ~~7,000~~0.00 0.00 ~~349,963~~0.6800 150 Days 05 01 01 0 07 0326,964.0068 015,999.00 07,000.00 0.00 0349,963.0068 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5493 6 1 0 61100 25,~~376~~160,~~715~~472.0419 236,~~975~~792.72 7,000.00 0.00 25,~~620~~404,~~690~~264.7691 0-29 Days 0.~~327869~~336247% 0.000000% 0.000000% 0.~~327869~~336247% 0.~~180947~~184810% 0.000000% 0.000000% 0.~~180947~~184810% 30 Days 24.~~360656~~169469% 0.000000% 0.000000% 0.000000% 24.~~360656~~169469% 13.~~269066~~303270% 0.000000% 0.000000% 0.000000% 13.~~269066~~303270% 60 Days 01.~~262295~~479489% 0.000000% 0.000000% 0.000000% 01.~~262295~~479489% 0.~~120204~~581281% 0.000000% 0.000000% 0.000000% 0.~~120204~~581281% 90 Days 0.~~590164~~268998% 0.000000% 0.000000% 0.000000% 0.~~590164~~268998% 0.~~289170~~161216% 0.000000% 0.000000% 0.000000% 0.~~289170~~161216% 120 Days 0.~~327869~~000000% 0.~~065574~~000000% 0.~~065574~~000000% 0.000000% 0.~~459016~~000000% 0.~~267735~~000000% 0.~~013101~~000000% 0.~~005732~~000000% 0.000000% 0.~~286568~~000000% 150 Days 0.~~000000~~336247% 0.~~000000~~067249% 0.~~000000~~067249% 0.000000% 0.~~000000~~470746% 0.~~000000~~273678% 0.~~000000~~013392% 0.~~000000~~005859% 0.000000% 0.~~000000~~292928% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 36.~~540984~~254203% 0.~~393443~~403497% 0.~~065574~~067249% 0.000000% 46.~~000000~~724950% 14.~~946175~~319445% 0.~~194048~~198201% 0.~~005732~~005859% 0.000000% 24.~~145955~~523506% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 Sub Grp 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 7 0 0 7 1,~~031~~030,~~663~~892.1439 0.00 0.00 1,~~031~~030,~~663~~892.1439 30 Days ~~115~~172 0 0 0 ~~115~~172 2029,~~150~~395,~~954~~076.5309 0.00 0.00 0.00 2029,~~150~~395,~~954~~076.5309 60 Days 4081 0 0 0 4081 514,~~817~~098,~~592~~134.1229 0.00 0.00 0.00 514,~~817~~098,~~592~~134.1229 90 Days 1230 0 01 0 1231 14,~~739~~449,~~587~~936.0854 0.00 0159,892.0042 0.00 14,~~739~~609,~~587~~828.0896 120 Days 150 21 0 0 171 ~~2,919,724~~0.6300 ~~257~~143,~~391~~861.0092 0.00 0.00 3143,~~177,115~~861.6392 150 Days 015 01 0 0 016 02,919,724.0063 0113,400.00 0.00 0.00 03,033,124.0063 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~182~~298 9 01 0 ~~191~~308 3050,~~627~~862,~~858~~871.3655 1,~~289~~288,~~054~~154.1431 0159,892.0042 0.00 3152,~~916~~310,~~912~~918.5028 0-29 Days 0.~~187768~~194390% 0.000000% 0.000000% 0.~~187768~~194390% 0.~~147451~~153412% 0.000000% 0.000000% 0.~~147451~~153412% 30 Days 34.~~084764~~776451% 0.000000% 0.000000% 0.000000% 34.~~084764~~776451% 24.~~880095~~374410% 0.000000% 0.000000% 0.000000% 24.~~880095~~374410% 60 Days 12.~~072961~~249375% 0.000000% 0.000000% 0.000000% 12.~~072961~~249375% 02.~~831485~~098005% 0.000000% 0.000000% 0.000000% 02.~~831485~~098005% 90 Days 0.~~321888~~833102% 0.000000% 0.~~000000~~027770% 0.000000% 0.~~321888~~860872% 0.~~248632~~662214% 0.000000% 0.~~000000~~023794% 0.000000% 0.~~248632~~686009% 120 Days 0.~~402361~~000000% 0.~~053648~~027770% 0.000000% 0.000000% 0.~~456009~~027770% 0.~~417304~~000000% 0.~~036788~~021409% 0.000000% 0.000000% 0.~~454092~~021409% 150 Days 0.~~000000~~416551% 0.~~000000~~027770% 0.000000% 0.000000% 0.~~000000~~444321% 0.~~000000~~434497% 0.~~000000~~016876% 0.000000% 0.000000% 0.~~000000~~451373% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 48.~~881974~~275479% 0.~~241416~~249931% 0.~~000000~~027770% 0.000000% 58.~~123391~~553180% 47.~~377516~~569126% 0.~~184239~~191696% 0.~~000000~~023794% 0.000000% 47.~~561756~~784616% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Sub Grp 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 1 0 0 1 116,~~647~~491.7365 0.00 0.00 116,~~647~~491.7365 30 Days 812 0 0 0 812 ~~635~~1,~~897~~816,494.4485 0.00 0.00 0.00 ~~635~~1,~~897~~816,494.4485 60 Days 57 0 0 0 57 ~~432~~614,~~759~~574.9852 0.00 0.00 0.00 ~~432~~614,~~759~~574.9852 90 Days 13 0 0 0 13 75232,~~975~~536.1744 0.00 0.00 0.00 75232,~~975~~536.1744 120 Days 20 0 0 0 20 ~~238,000~~0.00 0.00 0.00 0.00 ~~238,000~~0.00 150 Days 01 0 0 0 01 0106,000.00 0.00 0.00 0.00 0106,000.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1623 1 0 0 1724 12,~~382~~769,~~632~~605.5981 116,~~647~~491.7365 0.00 0.00 12,~~499~~886,~~280~~097.3246 0-29 Days 0.~~319489~~338983% 0.000000% 0.000000% 0.~~319489~~338983% 0.~~263882~~278461% 0.000000% 0.000000% 0.~~263882~~278461% 30 Days 24.~~555911~~067797% 0.000000% 0.000000% 0.000000% 24.~~555911~~067797% 14.~~438537~~342138% 0.000000% 0.000000% 0.000000% 14.~~438537~~342138% 60 Days 12.~~597444~~372881% 0.000000% 0.000000% 0.000000% 12.~~597444~~372881% 01.~~978996~~469075% 0.000000% 0.000000% 0.000000% 01.~~978996~~469075% 90 Days 01.~~319489~~016949% 0.000000% 0.000000% 0.000000% 01.~~319489~~016949% 0.~~171872~~555854% 0.000000% 0.000000% 0.000000% 0.~~171872~~555854% 120 Days 0.~~638978~~000000% 0.000000% 0.000000% 0.000000% 0.~~638978~~000000% 0.~~538407~~000000% 0.000000% 0.000000% 0.000000% 0.~~538407~~000000% 150 Days 0.~~000000~~338983% 0.000000% 0.000000% 0.000000% 0.~~000000~~338983% 0.~~000000~~253382% 0.000000% 0.000000% 0.000000% 0.~~000000~~253382% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 57.~~111821~~796610% 0.~~319489~~338983% 0.000000% 0.000000% 58.~~431310~~135593% 36.~~127813~~620448% 0.~~263882~~278461% 0.000000% 0.000000% 36.~~391695~~898909% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Sub Grp 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 21 0 0 21 ~~828~~468,~~385~~000.0900 0.00 0.00 ~~828~~468,~~385~~000.0900 30 Days 1018 01 0 0 1019 47,~~680~~669,~~209~~727.6267 0360,385.0009 0.00 0.00 48,~~680~~030,~~209~~112.6276 60 Days 78 0 0 0 78 23,~~783~~559,~~895~~234.8845 0.00 0.00 0.00 23,~~783~~559,~~895~~234.8845 90 Days 72 0 0 0 72 3812,~~322,065~~901.1937 0.00 0.00 0.00 3812,~~322,065~~901.1937 120 Days 30 0 0 0 30 ~~1,360,689~~0.6500 0.00 0.00 0.00 ~~1,360,689~~0.6500 150 Days 03 0 0 0 03 01,360,689.0065 0.00 0.00 0.00 01,360,689.0065 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2731 2 0 0 2933 1213,~~146~~402,~~860~~553.3414 828,385.09 0.00 0.00 1214,~~975~~230,~~245~~938.4323 0-29 Days 0.~~350263~~182149% 0.000000% 0.000000% 0.~~350263~~182149% 0.~~311624~~183433% 0.000000% 0.000000% 0.~~311624~~183433% 30 Days 13.~~751313~~278689% 0.~~000000~~182149% 0.000000% 0.000000% 13.~~751313~~460838% 13.~~760616~~006163% 0.~~000000~~141254% 0.000000% 0.000000% 13.~~760616~~147416% 60 Days 1.~~225919~~457195% 0.000000% 0.000000% 0.000000% 1.~~225919~~457195% 1.~~047254~~395048% 0.000000% 0.000000% 0.000000% 1.~~047254~~395048% 90 Days 10.~~225919~~364299% 0.000000% 0.000000% 0.000000% 10.~~225919~~364299% 10.~~249705~~318618% 0.000000% 0.000000% 0.000000% 10.~~249705~~318618% 120 Days 0.~~525394~~000000% 0.000000% 0.000000% 0.000000% 0.~~525394~~000000% 0.~~511868~~000000% 0.000000% 0.000000% 0.000000% 0.~~511868~~000000% 150 Days 0.~~000000~~546448% 0.000000% 0.000000% 0.000000% 0.~~000000~~546448% 0.~~000000~~533325% 0.000000% 0.000000% 0.000000% 0.~~000000~~533325% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 45.~~728546~~646630% 0.~~350263~~364299% 0.000000% 0.000000% 56.~~078809~~010929% 45.~~569443~~253154% 0.~~311624~~324687% 0.000000% 0.000000% 45.~~881067~~577841%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~310~~485,~~127~~087.8391

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class P 1,219,463,562.49 99.99999180% 1,~~130~~087,~~992~~606,~~978~~175.0192 99.~~99999116~~99999081% 0.000009% 0.000000% Class CE 1,212,146,000.00 99.39992779% 1,~~123~~080,~~676~~289,~~196~~393.0495 99.~~35305687~~32724901% 0.~~646934~~672742% 0.000000% Class B-2 1,204,829,000.00 98.79990992% 1,~~116~~072,~~359~~972,~~196~~393.0495 98.~~70610331~~65448717% 0.~~646954~~672762% 0.000000% Class B-1 1,188,366,000.00 97.44989019% 1,~~099~~056,~~896~~509,~~196~~393.0495 97.~~25047990~~14079602% 1.~~455623~~513691% 0.000000% Class M-4 1,073,126,000.00 87.99983411% ~~984~~941,~~656~~269,~~196~~393.0495 8786.~~06120446~~54504988% 1.~~886926~~962199% 0.000000% Class M-3 1,049,346,000.00 86.04979650% ~~960~~917,~~876~~489,~~196~~393.0495 84.~~95862749~~35859688% 2.~~102577~~186453% 0.000000% Class M-2 1,010,323,000.00 82.84978315% ~~921~~878,~~853~~466,~~196~~393.0495 8180.~~50829691~~77062568% 3.~~450331~~587971% 0.000000% Class M-1 939,594,000.00 77.04977433% ~~851~~807,~~124~~737,~~196~~393.0495 7574.~~25458932~~26744511% 6.~~253708~~503181% 0.000000% Class A1-A 0.00 0.00000000% 0.00 0.00000000% 54.~~687436~~080200% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

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. Group 1 Sub Grp 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. Group 1 Sub Grp 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. Group 2 Sub Grp 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. Group 2 Sub Grp 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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 ~~Aug~~Sep-04 0.000% Original Principal Balance 7160,000.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 7159,~~000~~892.0042 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 12 ~~Jan~~Feb-05 0.000% Original Principal Balance 7167,000.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 7166,~~000~~892.0042 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.~~000~~001% ~~Jul~~Aug-05 0.~~001~~015% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 Sub Grp 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 ~~Aug~~Sep-04 0.000% Original Principal Balance ~~7,000~~0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance ~~7,000~~0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current Foreclosure Total ~~Dec~~Jan-0405 0.000% Loans in Foreclosure 1 ~~Jan~~Feb-05 0.000% Original Principal Balance 7,000.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 7,000.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.~~000~~006% ~~Jul~~Aug-05 0.006% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 Sub Grp 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 01 ~~Aug~~Sep-04 0.000% Original Principal Balance 0160,000.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0159,892.0042 ~~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 0160,000.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0159,892.0042 ~~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~~024% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 Sub Grp 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. Group 2 Sub Grp 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.

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 Group 1 Sub Grp 1 0000430334 Jul-2005 01-Feb-2005 IL 95.00 7,000.00 Group 1 Sub Grp 2 0000425767 Aug-2005 01-Mar-2005 CA 63.87 160,000.00

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 Group 1 Sub Grp 1 0000430334 7,000.00 01-Jan-2005 45 11.250% ~~246~~307.8075 Group 1 Sub Grp 2 0000425767 159,892.42 01-Mar-2005 3 7.990% 4,983.17

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~124535~~111996% Weighted Average Net Coupon 6.~~624535~~611996% Weighted Average Pass-Through Rate 6.~~592035~~579496% Weighted Average Maturity(Stepdown Calculation) ~~351~~350 Beginning Scheduled Collateral Loan Count 6,~~319~~137 Number Of Loans Paid In Full ~~182~~205 Ending Scheduled Collateral Loan Count 65,~~137~~932 Beginning Scheduled Collateral Balance 1,~~169~~130,~~105~~993,~~210~~078.1801 Ending Scheduled Collateral Balance 1,~~130~~087,~~993~~606,~~078~~275.0192 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 1,~~131~~088,~~817~~416,~~757~~445.8971 Monthly P&I Constant 7,~~671~~419,~~970~~336.5849 Special Servicing Fee 0.00 Prepayment Penalties ~~402~~1,~~088~~123,614.2444 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~730~~711,~~861~~616.6239 Unscheduled Principal 3742,~~381~~675,~~270~~185.5570 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 7,316,781.97 Overcollateralized Amount 7,316,781.97 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~124535~~111996% Weighted Average Net Rate 6.~~624535~~611996% Weighted Average Pass Through Rate 6.~~592035~~579496% Weighted Average Maturity ~~351~~350 Record Date 0607/3029/2005 Principal and Interest Constant 7,~~671~~419,~~970~~336.5849 Beginning Loan Count 6,~~319~~137 Loans Paid in Full ~~182~~205 Ending Loan Count 65,~~137~~932 Beginning Scheduled Balance 1,~~169~~130,~~105~~993,~~210~~078.1801 Ending Scheduled Balance 1,~~130~~087,~~993~~606,~~078~~275.0192 Ending Actual Balance at 3029-~~Jun~~Jul-2005 1,~~131~~088,~~817~~416,~~757~~445.8971 Scheduled Principal ~~730~~711,~~861~~616.6239 Unscheduled Principal 3742,~~381~~675,~~270~~185.5570 Scheduled Interest 6,~~941~~707,~~108~~720.9610 Servicing Fee ~~487~~471,~~127~~247.1640 Master Servicing Fee 1817,~~023~~436.7135 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 13,~~639~~194.5691 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 6,~~422~~205,~~318~~841.5392 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalties ~~402~~1,~~088~~123,614.2444 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 7,316,781.97 Overcollateralized Amount 7,316,781.97 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00

Miscellaneous Reporting Credit Enhancement Percentage 0.2526 Over Collateralization Amount 7,316,781.97 Over Collateralization Increase Amount 0.00 Over Collateralization Reduction Amount 0.00 Over Collateralization Target Amount 7,316,781.97 Senior Target Percentage 0.54 Specified Over Collateralization Amount 7,316,781.97

Group Level Collateral Statement Group Group 1 Sub Grp 1 Group 1 Sub Grp 2 Group 2 Sub Grp 1 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~077158~~073073 7.~~094952~~079847 8.~~501221~~485782 Weighted Average Net Rate 7.~~577158~~573073 6.~~594952~~579847 87.~~001221~~985782 Weighted Average Maturity ~~327~~326 ~~355~~354 ~~322~~321 Beginning Loan Count 1,~~558~~525 3,~~853~~728 ~~317~~313 Loans Paid In Full 3338 ~~125~~127 418 Ending Loan Count 1,~~525~~487 3,~~728~~601 ~~313~~295 Beginning Scheduled Balance ~~124~~122,~~626~~007,~~581~~760.8917 ~~725~~699,~~066~~146,~~599~~433.4825 44,~~666~~168,~~524~~797.2463 Ending Scheduled Balance ~~122~~119,~~007~~355,~~760~~948.1718 ~~699~~671,~~146~~466,~~433~~785.2506 4441,~~168~~801,~~797~~196.6370 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant ~~953~~933,~~038~~454.5117 4,~~735~~560,~~854~~010.4323 ~~349~~345,~~057~~018.3214 Scheduled Principal ~~114~~112,~~181~~639.3156 ~~448~~435,~~927~~135.0258 32,~~623~~679.9815 Unscheduled Principal 2,~~504~~539,~~640~~172.4143 2527,~~471~~244,~~239~~512.2161 ~~465~~2,~~102~~334,921.6378 Scheduled Interest ~~838~~820,~~857~~814.2061 4,~~286~~124,~~927~~874.4165 ~~316~~312,~~433~~338.3499 Servicing Fees 5150,~~927~~836.7457 ~~302~~291,~~111~~311.0801 18,~~611~~403.0567 Master Servicing Fees 1,~~921~~880.3395 1110,~~178~~778.1151 ~~688~~680.6194 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 1,~~453~~423.9842 8,~~459~~156.1171 ~~521~~515.1130 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 ~~783~~766,~~554~~673.1567 3,~~965~~814,~~179~~628.1142 ~~296~~292,~~612~~739.5708 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 7.~~544658~~540573 6.~~562452~~547347 7.~~968721~~953282

Group Level Collateral Statement Group Group 2 Sub Grp 2 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~546674~~548085 7.~~124535~~111996 Weighted Average Net Rate 6.~~046674~~048085 6.~~624535~~611996 Weighted Average Maturity ~~355~~354 ~~351~~350 Beginning Loan Count ~~591~~571 6,~~319~~137 Loans Paid In Full 2022 ~~182~~205 Ending Loan Count ~~571~~549 65,~~137~~932 Beginning Scheduled Balance ~~274~~265,~~745~~670,~~504~~086.5796 1,~~169~~130,~~105~~993,~~210~~078.1801 Ending scheduled Balance ~~265~~254,~~670~~982,~~086~~345.9698 1,~~130~~087,~~993~~606,~~078~~275.0192 Record Date 0607/3029/2005 0607/3029/2005 Principal And Interest Constant 1,~~634~~580,~~020~~853.3295 7,~~671~~419,~~970~~336.5849 Scheduled Principal ~~135~~131,~~129~~162.3110 ~~730~~711,~~861~~616.6239 Unscheduled Principal 810,~~940~~556,~~288~~578.3088 3742,~~381~~675,~~270~~185.5570 Scheduled Interest 1,~~498~~449,~~891~~691.0185 6,~~941~~707,~~108~~720.9610 Servicing Fees ~~114~~110,~~477~~695.2987 ~~487~~471,~~127~~247.1612 Master Servicing Fees 4,~~235~~095.6675 1817,~~023~~436.7115 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 3,~~205~~099.3648 13,~~639~~194.5691 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 1,~~376~~331,~~972~~800.7075 6,~~422~~205,~~318~~841.5392 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 6.~~014174~~015585 6.~~592035~~579496

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 Sub Grp 1 3338 2,~~508~~551,~~524~~547.00 2,~~497~~533,~~031~~359.7720 0 0.00 0.00 Group 1 Sub Grp 2 ~~125~~127 2527,~~543~~548,~~152~~445.00 2527,~~456~~237,~~993~~594.7019 0 0.00 0.00 Group 2 Sub Grp 1 418 ~~459~~2,~~187~~344,068.00 ~~458~~2,~~089~~334,983.0240 0 0.00 0.00 Group 2 Sub Grp 2 2022 810,~~952~~597,~~694~~896.00 810,~~922~~560,~~302~~521.5583 0 0.00 0.00 Total ~~182~~205 3743,~~463~~041,~~557~~956.00 3742,~~334~~666,~~417~~458.0462 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 Sub Grp 1 0 0.00 0.00 0 0.00 0.00 98,~~966~~016.0301 Group 1 Sub Grp 2 0 0.00 0.00 0 0.00 0.00 3025,~~772~~325.1952 Group 2 Sub Grp 1 0 0.00 0.00 0 0.00 0.00 71,~~228~~390.6884 Group 2 Sub Grp 2 0 0.00 0.00 0 0.00 0.00 222,~~808~~180.7133 Total 0 0.00 0.00 0 0.00 0.00 7036,~~775~~912.6170

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 Sub Grp 1 0000423652 NV 100.00 01-Nov-2004 64,223.00 63,937.03 Group 1 Sub Grp 1 0000424852 NM 100.00 01-Feb-2005 40,995.00 40,713.00 Group 1 Sub Grp 1 0000424989 AZ 95.00 01-Mar-2005 25,875.00 25,809.87 Group 1 Sub Grp 1 0000425724 CA 95.00 01-Mar-2005 104,500.00 104,202.14 Group 1 Sub Grp 1 0000427520 PA 90.00 01-Feb-2005 103,410.00 102,940.74 Group 1 Sub Grp 1 0000428193 NJ 80.00 01-Feb-2005 164,000.00 163,363.09 Group 1 Sub Grp 1 0000428317 CA 77.58 01-Feb-2005 218,000.00 216,943.54 Group 1 Sub Grp 1 0000428750 CA 100.00 01-Jan-2005 49,000.00 48,852.43 Group 1 Sub Grp 1 0000428765 CA 100.00 01-Feb-2005 53,000.00 52,883.68 Group 1 Sub Grp 1 0000428804 NV 95.00 01-Jan-2005 9,500.00 9,206.21 Group 1 Sub Grp 1 0000428920 GA 95.00 01-Feb-2005 14,003.00 13,633.73 Group 1 Sub Grp 1 0000429085 FL 48.39 01-Feb-2005 105,000.00 104,520.32 Group 1 Sub Grp 1 0000429231 FL 75.00 01-Feb-2005 87,750.00 87,509.65 Group 1 Sub Grp 1 0000429265 NC 100.00 01-Feb-2005 43,400.00 43,297.00 Group 1 Sub Grp 1 0000429327 GA 95.00 01-Feb-2005 6,850.00 6,669.33 Group 1 Sub Grp 1 0000429511 FL 90.00 01-Feb-2005 6,450.00 6,279.91 Group 1 Sub Grp 1 0000429640 VA 95.00 01-Feb-2005 12,500.00 12,169.71 Group 1 Sub Grp 1 0000429807 MD 100.00 01-Feb-2005 39,000.00 38,914.59 Group 1 Sub Grp 1 0000429911 MD 95.00 01-Feb-2005 11,745.00 11,427.26 Group 1 Sub Grp 1 0000430102 VA 100.00 01-Jan-2005 69,200.00 69,022.44 Group 1 Sub Grp 1 0000430165 CO 100.00 01-Feb-2005 60,500.00 60,276.11 Group 1 Sub Grp 1 0000430537 IL 78.86 01-Feb-2005 138,000.00 137,163.72 Group 1 Sub Grp 1 0000430575 OH 95.00 01-Feb-2005 7,000.00 6,466.15 Group 1 Sub Grp 1 0000430855 FL 90.00 01-Feb-2005 274,500.00 273,294.85 Group 1 Sub Grp 1 0000431034 MO 100.00 01-Feb-2005 16,700.00 16,575.62 Group 1 Sub Grp 1 0000431078 AZ 100.00 01-Feb-2005 32,798.00 32,733.55 Group 1 Sub Grp 1 0000431301 CA 97.20 01-Feb-2005 24,300.00 24,101.01 Group 1 Sub Grp 1 0000431757 CA 70.47 01-Feb-2005 253,700.00 252,194.37 Group 1 Sub Grp 1 0000431930 CA 95.00 01-Feb-2005 9,750.00 9,481.74 Group 1 Sub Grp 1 0000432052 CA 100.00 01-Feb-2005 39,500.00 39,408.72 Group 1 Sub Grp 1 0000432091 AR 95.00 01-Feb-2005 6,375.00 6,197.08 Group 1 Sub Grp 1 0000432599 NY 56.90 01-Feb-2005 330,000.00 328,320.68 Group 1 Sub Grp 1 0000433662 CA 100.00 01-Mar-2005 87,000.00 86,165.11 Group 1 Sub Grp 2 0000417530 NV 80.00 01-Jan-2005 349,824.00 349,824.00 Group 1 Sub Grp 2 0000423465 TX 90.00 01-Jan-2005 214,641.00 213,417.85 Group 1 Sub Grp 2 0000423719 CA 62.32 01-Feb-2005 215,000.00 215,000.00 Group 1 Sub Grp 2 0000423739 IN 80.00 01-Feb-2005 108,000.00 107,422.85 Group 1 Sub Grp 2 0000424150 NM 80.00 01-Feb-2005 163,980.00 163,078.40 Group 1 Sub Grp 2 0000425042 AZ 80.00 01-Mar-2005 138,000.00 137,998.75 Group 1 Sub Grp 2 0000425055 CA 80.00 01-Feb-2005 240,000.00 240,000.00 Group 1 Sub Grp 2 0000425577 CA 68.58 01-Mar-2005 275,000.00 273,914.69 Group 1 Sub Grp 2 0000425582 CA 85.00 01-Mar-2005 289,000.00 287,891.04 Group 1 Sub Grp 2 0000425749 GA 100.00 01-Mar-2005 174,900.00 174,274.74 Group 1 Sub Grp 2 0000427274 NY 75.47 01-Feb-2005 200,000.00 199,397.93 Group 1 Sub Grp 2 0000427361 VA 90.00 01-Feb-2005 198,000.00 196,952.51 Group 1 Sub Grp 2 0000427440 NJ 70.00 01-Feb-2005 192,500.00 191,994.24 Group 1 Sub Grp 2 0000427760 NJ 85.00 01-Feb-2005 108,800.00 108,267.51 Group 1 Sub Grp 2 0000427799 NJ 70.00 01-Feb-2005 105,000.00 104,352.79 Group 1 Sub Grp 2 0000427874 NY 75.87 01-Feb-2005 239,000.00 237,469.99 Group 1 Sub Grp 2 0000427966 NJ 80.00 01-Oct-2004 216,000.00 214,689.35 Group 1 Sub Grp 2 0000427988 CA 80.00 01-Feb-2005 253,200.00 252,263.21 Group 1 Sub Grp 2 0000428029 VA 80.00 01-Feb-2005 225,600.00 224,527.99 Group 1 Sub Grp 2 0000428152 CA 79.37 01-Feb-2005 250,000.00 248,788.47 Group 1 Sub Grp 2 0000428186 CA 90.00 01-Feb-2005 263,700.00 262,542.28 Group 1 Sub Grp 2 0000428189 CA 80.00 01-Feb-2005 252,000.00 250,739.89 Group 1 Sub Grp 2 0000428272 CA 86.54 01-Feb-2005 225,000.00 223,712.10 Group 1 Sub Grp 2 0000428304 CA 75.00 01-Feb-2005 292,500.00 291,228.55 Group 1 Sub Grp 2 0000428330 CA 70.00 01-Feb-2005 336,000.00 334,934.51 Group 1 Sub Grp 2 0000428355 CA 85.00 01-Feb-2005 338,300.00 336,754.58 Group 1 Sub Grp 2 0000428414 FL 77.42 01-Feb-2005 120,000.00 119,462.60 Group 1 Sub Grp 2 0000428440 MD 75.00 01-Feb-2005 222,750.00 222,072.39 Group 1 Sub Grp 2 0000428462 HI 85.00 01-Feb-2005 252,450.00 251,414.50 Group 1 Sub Grp 2 0000428483 FL 90.00 01-Feb-2005 135,000.00 134,436.15 Group 1 Sub Grp 2 0000428493 CA 47.27 01-Feb-2005 130,000.00 129,318.91 Group 1 Sub Grp 2 0000428513 CA 90.00 01-Feb-2005 271,800.00 270,333.96 Group 1 Sub Grp 2 0000428518 CA 80.00 01-Feb-2005 228,000.00 226,968.75 Group 1 Sub Grp 2 0000428610 CA 90.00 01-Feb-2005 74,700.00 74,398.76 Group 1 Sub Grp 2 0000428659 CA 44.64 01-Feb-2005 250,000.00 249,535.07 Group 1 Sub Grp 2 0000428771 CA 80.00 01-Feb-2005 212,000.00 212,000.00 Group 1 Sub Grp 2 0000428805 NV 90.00 01-Jan-2005 171,000.00 169,951.76 Group 1 Sub Grp 2 0000428821 NV 90.00 01-Jan-2005 159,210.00 159,210.00 Group 1 Sub Grp 2 0000428884 FL 80.00 01-Dec-2004 336,000.00 333,960.85 Group 1 Sub Grp 2 0000428914 NV 65.00 01-Feb-2005 112,450.00 112,111.43 Group 1 Sub Grp 2 0000428925 GA 90.00 01-Feb-2005 252,068.00 250,925.56 Group 1 Sub Grp 2 0000428991 NJ 100.00 01-Feb-2005 190,800.00 190,142.81 Group 1 Sub Grp 2 0000429096 MD 75.00 01-Feb-2005 142,500.00 142,043.36 Group 1 Sub Grp 2 0000429147 FL 100.00 01-Feb-2005 267,000.00 265,884.81 Group 1 Sub Grp 2 0000429148 FL 73.68 01-Feb-2005 280,000.00 278,588.95 Group 1 Sub Grp 2 0000429277 NC 80.00 01-Feb-2005 173,600.00 172,425.12 Group 1 Sub Grp 2 0000429346 GA 90.00 01-Feb-2005 123,300.00 122,769.33 Group 1 Sub Grp 2 0000429460 FL 90.00 01-Feb-2005 50,400.00 50,193.25 Group 1 Sub Grp 2 0000429492 MD 70.00 01-Feb-2005 192,500.00 192,100.79 Group 1 Sub Grp 2 0000429500 FL 90.00 01-Feb-2005 99,000.00 98,552.42 Group 1 Sub Grp 2 0000429534 FL 85.00 01-Feb-2005 109,650.00 109,198.50 Group 1 Sub Grp 2 0000429550 VA 78.69 01-Feb-2005 240,000.00 239,027.35 Group 1 Sub Grp 2 0000429618 NJ 75.00 01-Feb-2005 321,750.00 320,351.41 Group 1 Sub Grp 2 0000429652 FL 58.48 01-Feb-2005 50,000.00 49,831.07 Group 1 Sub Grp 2 0000429686 VA 90.00 01-Feb-2005 225,000.00 223,855.00 Group 1 Sub Grp 2 0000429726 FL 67.17 01-Feb-2005 110,500.00 109,980.04 Group 1 Sub Grp 2 0000429859 MD 80.00 01-Feb-2005 156,000.00 155,243.98 Group 1 Sub Grp 2 0000429900 FL 80.00 01-Feb-2005 85,600.00 85,308.18 Group 1 Sub Grp 2 0000429942 MD 90.00 01-Feb-2005 211,400.00 210,292.45 Group 1 Sub Grp 2 0000429976 FL 90.00 01-Jan-2005 134,100.00 133,390.13 Group 1 Sub Grp 2 0000430063 NC 80.00 01-Feb-2005 232,000.00 231,248.89 Group 1 Sub Grp 2 0000430064 FL 60.00 01-Feb-2005 90,000.00 89,660.14 Group 1 Sub Grp 2 0000430074 NY 100.00 01-Feb-2005 255,000.00 253,524.47 Group 1 Sub Grp 2 0000430104 VA 80.00 01-Jan-2005 276,800.00 275,305.49 Group 1 Sub Grp 2 0000430167 CO 80.00 01-Feb-2005 242,000.00 242,000.00 Group 1 Sub Grp 2 0000430264 WI 80.00 01-Feb-2005 101,600.00 101,123.14 Group 1 Sub Grp 2 0000430532 CT 70.00 01-Feb-2005 189,000.00 188,400.65 Group 1 Sub Grp 2 0000430638 IL 85.00 01-Feb-2005 63,750.00 63,571.66 Group 1 Sub Grp 2 0000430667 VA 80.00 01-Feb-2005 280,000.00 278,518.77 Group 1 Sub Grp 2 0000430737 IL 80.00 01-Feb-2005 284,000.00 282,777.68 Group 1 Sub Grp 2 0000430818 IL 95.00 01-Feb-2005 317,941.00 316,762.28 Group 1 Sub Grp 2 0000430835 VA 80.00 01-Feb-2005 76,000.00 75,748.80 Group 1 Sub Grp 2 0000430975 NY 85.00 01-Feb-2005 289,000.00 287,585.64 Group 1 Sub Grp 2 0000431095 AZ 80.00 01-Feb-2005 131,188.00 131,188.00 Group 1 Sub Grp 2 0000431151 MI 77.16 01-Feb-2005 125,000.00 124,595.30 Group 1 Sub Grp 2 0000431194 IL 85.00 01-Dec-2004 239,700.00 238,315.32 Group 1 Sub Grp 2 0000431202 NY 55.12 01-Jan-2005 350,000.00 347,916.06 Group 1 Sub Grp 2 0000431252 IL 80.00 01-Dec-2004 136,000.00 135,245.15 Group 1 Sub Grp 2 0000431304 CA 87.48 01-Feb-2005 218,700.00 218,657.97 Group 1 Sub Grp 2 0000431327 CA 90.00 01-Feb-2005 342,000.00 339,927.58 Group 1 Sub Grp 2 0000431346 CA 93.00 01-Feb-2005 292,500.00 292,500.00 Group 1 Sub Grp 2 0000431376 CA 90.00 01-Feb-2005 351,000.00 349,124.95 Group 1 Sub Grp 2 0000431509 CA 80.00 01-Feb-2005 132,000.00 131,435.19 Group 1 Sub Grp 2 0000431538 CA 57.92 01-Feb-2005 300,000.00 298,609.12 Group 1 Sub Grp 2 0000431560 CA 75.00 01-Feb-2005 322,500.00 321,166.49 Group 1 Sub Grp 2 0000431614 CA 49.18 01-Feb-2005 60,000.00 59,744.30 Group 1 Sub Grp 2 0000431666 CA 78.03 01-Feb-2005 135,000.00 134,345.77 Group 1 Sub Grp 2 0000431750 CA 85.00 01-Feb-2005 297,500.00 296,012.42 Group 1 Sub Grp 2 0000431766 CA 69.63 01-Feb-2005 233,250.00 232,083.66 Group 1 Sub Grp 2 0000431829 CA 66.67 01-Feb-2005 160,000.00 159,343.70 Group 1 Sub Grp 2 0000431841 CT 70.00 01-Feb-2005 154,000.00 153,551.52 Group 1 Sub Grp 2 0000431872 CA 80.00 01-Feb-2005 484,000.00 481,579.88 Group 1 Sub Grp 2 0000432032 CA 62.89 01-Feb-2005 239,000.00 239,000.00 Group 1 Sub Grp 2 0000432036 CA 90.00 01-Feb-2005 175,500.00 174,641.12 Group 1 Sub Grp 2 0000432044 CA 71.48 01-Feb-2005 218,000.00 216,678.99 Group 1 Sub Grp 2 0000432054 NV 80.00 01-Feb-2005 88,000.00 87,715.08 Group 1 Sub Grp 2 0000432066 CA 75.00 01-Feb-2005 240,000.00 238,836.92 Group 1 Sub Grp 2 0000432148 AR 90.00 01-Feb-2005 114,750.00 114,321.08 Group 1 Sub Grp 2 0000432161 VA 90.00 01-Feb-2005 233,100.00 231,935.00 Group 1 Sub Grp 2 0000432195 VA 75.00 01-Feb-2005 155,250.00 154,726.15 Group 1 Sub Grp 2 0000432208 WA 80.00 01-Feb-2005 243,840.00 242,937.83 Group 1 Sub Grp 2 0000432296 CA 80.00 01-Feb-2005 158,000.00 157,172.19 Group 1 Sub Grp 2 0000432342 CA 89.92 01-Feb-2005 178,500.00 177,817.64 Group 1 Sub Grp 2 0000432353 AZ 80.00 01-Feb-2005 140,800.00 140,160.16 Group 1 Sub Grp 2 0000432428 CA 70.00 01-Feb-2005 173,600.00 172,754.12 Group 1 Sub Grp 2 0000432501 CA 88.00 01-Feb-2005 352,000.00 350,064.68 Group 1 Sub Grp 2 0000432508 MD 67.80 01-Feb-2005 200,000.00 199,571.51 Group 1 Sub Grp 2 0000432594 WA 90.00 01-Feb-2005 144,000.00 143,230.83 Group 1 Sub Grp 2 0000432627 MD 80.00 01-Feb-2005 156,000.00 155,288.35 Group 1 Sub Grp 2 0000432632 CA 58.31 01-Jan-2005 242,000.00 240,013.03 Group 1 Sub Grp 2 0000432653 CA 73.26 01-Jan-2005 315,000.00 314,999.99 Group 1 Sub Grp 2 0000432664 CA 89.63 01-Jan-2005 216,000.00 216,000.00 Group 1 Sub Grp 2 0000432682 CA 80.00 01-Feb-2005 104,000.00 103,622.94 Group 1 Sub Grp 2 0000432694 MD 85.00 01-Jan-2005 157,250.00 156,400.98 Group 1 Sub Grp 2 0000432731 CA 39.61 01-Jan-2005 170,340.00 169,464.29 Group 1 Sub Grp 2 0000432750 PA 69.92 01-Feb-2005 179,000.00 178,513.80 Group 1 Sub Grp 2 0000432796 CA 90.00 01-Jan-2005 182,700.00 181,631.03 Group 1 Sub Grp 2 0000432803 GA 80.00 01-Dec-2004 246,400.00 245,072.90 Group 1 Sub Grp 2 0000432806 CA 85.00 01-Dec-2004 238,000.00 236,407.07 Group 1 Sub Grp 2 0000432826 CA 90.00 01-Dec-2004 202,500.00 202,500.00 Group 1 Sub Grp 2 0000432834 NM 80.00 01-Dec-2004 111,920.00 111,110.71 Group 1 Sub Grp 2 0000432897 CA 63.98 01-Jan-2005 135,000.00 133,927.72 Group 1 Sub Grp 2 0000433230 FL 80.00 01-Mar-2005 258,100.00 257,699.00 Group 1 Sub Grp 2 0000433255 CA 80.00 01-Feb-2005 319,200.00 319,168.01 Group 1 Sub Grp 2 0000433734 FL 89.42 01-Feb-2005 139,500.00 138,796.05 Group 2 Sub Grp 1 0000417587 WA 95.00 01-Jan-2005 92,787.00 92,459.79 Group 2 Sub Grp 1 0000427916 NJ 100.00 01-Feb-2005 110,400.00 110,054.00 Group 2 Sub Grp 1 0000429058 CA 100.00 01-Feb-2005 120,000.00 119,627.29 Group 2 Sub Grp 1 0000430377 TX 100.00 01-Feb-2005 136,000.00 135,732.87 Group 2 Sub Grp 2 0000417588 WA 80.00 01-Jan-2005 494,864.00 494,861.00 Group 2 Sub Grp 2 0000427325 MD 75.00 01-Feb-2005 557,250.00 553,750.06 Group 2 Sub Grp 2 0000427457 NJ 66.67 01-Feb-2005 400,000.00 399,967.73 Group 2 Sub Grp 2 0000427801 NY 90.00 01-Feb-2005 391,500.00 389,488.32 Group 2 Sub Grp 2 0000428337 CA 80.00 01-Feb-2005 518,400.00 516,124.01 Group 2 Sub Grp 2 0000428358 CA 80.00 01-Feb-2005 403,200.00 403,200.00 Group 2 Sub Grp 2 0000428432 CA 75.00 01-Feb-2005 367,500.00 365,753.68 Group 2 Sub Grp 2 0000429069 CA 80.00 01-Feb-2005 480,000.00 477,718.99 Group 2 Sub Grp 2 0000430378 TX 80.00 01-Feb-2005 544,000.00 540,832.29 Group 2 Sub Grp 2 0000431512 CA 80.00 01-Feb-2005 583,920.00 583,920.00 Group 2 Sub Grp 2 0000431884 AZ 80.00 01-Feb-2005 380,000.00 380,000.00 Group 2 Sub Grp 2 0000431965 CA 88.11 01-Feb-2005 400,000.00 399,999.74 Group 2 Sub Grp 2 0000432149 AZ 90.00 01-Feb-2005 409,500.00 406,702.84 Group 2 Sub Grp 2 0000432630 CA 80.00 01-Jan-2005 565,600.00 565,600.00 Group 2 Sub Grp 2 0000432775 CA 81.18 01-Jan-2005 431,040.00 420,289.43 Group 2 Sub Grp 2 0000433160 CA 70.00 01-Mar-2005 367,500.00 365,827.85 Group 2 Sub Grp 2 0000433182 CA 80.00 01-Mar-2005 488,000.00 488,000.00 Group 2 Sub Grp 2 0000433273 CA 80.00 01-Feb-2005 375,920.00 373,642.08 Group 2 Sub Grp 2 0000433355 CA 80.00 01-Mar-2005 424,000.00 422,275.95 Group 2 Sub Grp 2 0000433681 CA 95.00 01-Apr-2005 370,500.00 369,525.62

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 Sub Grp 1 ~~0000423652~~0000417561 Loan Paid in Full 0 912.~~625~~500% ~~180~~240 87 Group 1 Sub Grp 1 ~~0000424852~~0000423707 Loan Paid in Full 03 911.000% 180 58 Group 1 Sub Grp 1 ~~0000424989~~0000423718 Loan Paid in Full 03 106.~~000~~500% ~~180~~360 48 Group 1 Sub Grp 1 ~~0000425724~~0000423726 Loan Paid in Full 0 87.~~875~~500% 360 46 Group 1 Sub Grp 1 ~~0000427520~~0000425554 Loan Paid in Full 0 79.~~950~~450% ~~360~~180 5 Group 1 Sub Grp 1 ~~0000428193~~0000425716 Loan Paid in Full 0 89.~~800~~125% ~~360~~180 5 Group 1 Sub Grp 1 ~~0000428317~~0000425796 Loan Paid in Full 0 79.~~150~~500% ~~360~~180 5 Group 1 Sub Grp 1 ~~0000428750~~0000427265 Loan Paid in Full 0 1011.~~250~~900% 120 6 Group 1 Sub Grp 1 0000427284 Loan Paid in Full 3 11.750% 360 6 Group 1 Sub Grp 1 ~~0000428765~~0000427336 Loan Paid in Full 0 106.~~990~~750% 360 56 Group 1 Sub Grp 1 ~~0000428804~~0000427341 Loan Paid in Full 0(1) 1211.~~250~~875% ~~120~~240 6 Group 1 Sub Grp 1 ~~0000428920~~0000428088 Loan Paid in Full 0 1210.~~250~~990% ~~120~~360 56 Group 1 Sub Grp 1 ~~0000429085~~0000428641 Loan Paid in Full 0 710.~~450~~625% 360 56 Group 1 Sub Grp 1 ~~0000429231~~0000428965 Loan Paid in Full 03 911.~~950~~400% 360 56 Group 1 Sub Grp 1 ~~0000429265~~0000429081 Loan Paid in Full 0 1011.~~625~~000% 360 56 Group 1 Sub Grp 1 ~~0000429327~~0000429263 Loan Paid in Full 0 12.~~250~~525% ~~120~~360 56 Group 1 Sub Grp 1 ~~0000429511~~0000429371 Loan Paid in Full 0 1211.500% ~~120~~180 56 Group 1 Sub Grp 1 ~~0000429640~~0000429378 Loan Paid in Full 3 11.000% 240 6 Group 1 Sub Grp 1 0000429440 Loan Paid in Full 0 12.250% 120 56 Group 1 Sub Grp 1 ~~0000429807~~0000429457 Loan Paid in Full 0 116.~~000~~750% 360 56 Group 1 Sub Grp 1 ~~0000429911~~0000429522 Loan Paid in Full 0 1110.~~800~~625% ~~120~~360 56 Group 1 Sub Grp 1 ~~0000430102~~0000429708 Loan Paid in Full 0 118.000% 360 6 Group 1 Sub Grp 1 ~~0000430165~~0000429709 Loan Paid in Full 03 812.250% 120 6 Group 1 Sub Grp 1 0000430051 Loan Paid in Full 3 11.500% ~~360~~180 56 Group 1 Sub Grp 1 ~~0000430537~~0000430323 Loan Paid in Full 0 57.~~990~~250% 360 56 Group 1 Sub Grp 1 ~~0000430575~~0000430452 Loan Paid in Full 0 117.500% 60360 56 Group 1 Sub Grp 1 ~~0000430855~~0000430999 Loan Paid in Full 03 711.~~650~~000% 360 56 Group 1 Sub Grp 1 ~~0000431034~~0000431407 Loan Paid in Full 0 109.~~625~~250% ~~240~~360 56 Group 1 Sub Grp 1 ~~0000431078~~0000431519 Loan Paid in Full 0(1) 118.~~500~~725% 360 6 Group 1 Sub Grp 1 0000431691 Loan Paid in Full 0 5.990% 360 6 Group 1 Sub Grp 1 ~~0000431301~~0000431761 Loan Paid in Full 0 9.990% ~~240~~360 56 Group 1 Sub Grp 1 ~~0000431757~~0000431800 Loan Paid in Full 0 69.~~100~~990% 360 56 Group 1 Sub Grp 1 ~~0000431930~~0000431920 Loan Paid in Full 0 1110.~~500~~250% ~~120~~240 56 Group 1 Sub Grp 1 ~~0000432052~~0000431921 Loan Paid in Full 0 1011.~~750~~000% 360 56 Group 1 Sub Grp 1 ~~0000432091~~0000432121 Loan Paid in Full 0 11.~~250~~000% ~~120~~360 56 Group 1 Sub Grp 1 ~~0000432599~~0000432264 Loan Paid in Full 0 65.~~900~~990% 360 56 Group 1 Sub Grp 1 ~~0000433662~~0000432333 Loan Paid in Full 20 10.~~200~~620% ~~180~~120 47 Group 1 Sub Grp 1 0000432787 Loan Paid in Full 3 11.500% 120 6 Group 1 Sub Grp 2 ~~0000417530~~0000417559 Loan Paid in Full 0 6.~~500~~000% 360 67 Group 1 Sub Grp 2 ~~0000423465~~0000417562 Loan Paid in Full 0 7.~~125~~250% 360 67 Group 1 Sub Grp 2 ~~0000423719~~0000417573 Loan Paid in Full 01 7.~~000~~250% 360 57 Group 1 Sub Grp 2 ~~0000423739~~0000423653 Loan Paid in Full 0(1) 86.500% 360 59 Group 1 Sub Grp 2 ~~0000424150~~0000424097 Loan Paid in Full 0 65.~~500~~875% 360 57 Group 1 Sub Grp 2 ~~0000425042~~0000424100 Loan Paid in Full 02 6.~~125~~875% 360 48 Group 1 Sub Grp 2 ~~0000425055~~0000424870 Loan Paid in Full 01 6.~~750~~875% 360 5 Group 1 Sub Grp 2 ~~0000425577~~0000425732 Loan Paid in Full 0 76.~~250~~750% 360 45 Group 1 Sub Grp 2 ~~0000425582~~0000425738 Loan Paid in Full 0 75.~~900~~750% 360 45 Group 1 Sub Grp 2 ~~0000425749~~0000425762 Loan Paid in Full 0 7.~~750~~500% 360 46 Group 1 Sub Grp 2 ~~0000427274~~0000425772 Loan Paid in Full 0 98.~~500~~990% 360 5 Group 1 Sub Grp 2 ~~0000427361~~0000425833 Loan Paid in Full 0 6.~~700~~750% 360 5 Group 1 Sub Grp 2 ~~0000427440~~0000427287 Loan Paid in Full 0 107.~~150~~750% 360 56 Group 1 Sub Grp 2 ~~0000427760~~0000427290 Loan Paid in Full 0 76.~~100~~550% 360 56 Group 1 Sub Grp 2 ~~0000427799~~0000427301 Loan Paid in Full 0 59.~~900~~200% 360 56 Group 1 Sub Grp 2 ~~0000427874~~0000427309 Loan Paid in Full 0 57.~~700~~990% 360 56 Group 1 Sub Grp 2 ~~0000427966~~0000427344 Loan Paid in Full 0(1) 8.~~650~~200% 360 96 Group 1 Sub Grp 2 ~~0000427988~~0000427348 Loan Paid in Full 0 8.~~500~~400% 360 56 Group 1 Sub Grp 2 ~~0000428029~~0000427356 Loan Paid in Full 0 79.~~250~~050% 360 56 Group 1 Sub Grp 2 ~~0000428152~~0000427401 Loan Paid in Full 0 76.~~150~~850% 360 56 Group 1 Sub Grp 2 ~~0000428186~~0000427495 Loan Paid in Full 0 710.~~650~~450% 360 56 Group 1 Sub Grp 2 ~~0000428189~~0000427630 Loan Paid in Full 0 67.~~990~~700% 360 56 Group 1 Sub Grp 2 ~~0000428272~~0000427631 Loan Paid in Full 0 69.~~290~~450% 360 56 Group 1 Sub Grp 2 ~~0000428304~~0000427708 Loan Paid in Full 0 79.~~700~~100% 360 56 Group 1 Sub Grp 2 ~~0000428330~~0000427709 Loan Paid in Full 0 98.~~250~~500% 360 56 Group 1 Sub Grp 2 ~~0000428355~~0000427762 Loan Paid in Full 0 78.450% 360 56 Group 1 Sub Grp 2 ~~0000428414~~0000427803 Loan Paid in Full 0 7.~~550~~250% 360 56 Group 1 Sub Grp 2 ~~0000428440~~0000427880 Loan Paid in Full 0 97.~~450~~900% 360 56 Group 1 Sub Grp 2 ~~0000428462~~0000427936 Loan Paid in Full 0 78.~~990~~800% 360 56 Group 1 Sub Grp 2 ~~0000428483~~0000427997 Loan Paid in Full 03 78.~~900~~750% 360 56 Group 1 Sub Grp 2 ~~0000428493~~0000428101 Loan Paid in Full 0 6.~~750~~550% 360 56 Group 1 Sub Grp 2 ~~0000428513~~0000428102 Loan Paid in Full 0 67.~~600~~250% 360 56 Group 1 Sub Grp 2 ~~0000428518~~0000428203 Loan Paid in Full 0 7.~~500~~950% 360 56 Group 1 Sub Grp 2 ~~0000428610~~0000428301 Loan Paid in Full 0 86.~~650~~700% 360 56 Group 1 Sub Grp 2 ~~0000428659~~0000428500 Loan Paid in Full 0(1) 116.~~750~~800% 360 56 Group 1 Sub Grp 2 ~~0000428771~~0000428622 Loan Paid in Full 0 610.~~125~~750% 360 57 Group 1 Sub Grp 2 ~~0000428805~~0000428670 Loan Paid in Full 0 6.~~750~~600% 360 6 Group 1 Sub Grp 2 ~~0000428821~~0000428683 Loan Paid in Full 0 67.~~450~~550% 360 6 Group 1 Sub Grp 2 ~~0000428884~~0000428691 Loan Paid in Full 0 7.~~500~~900% 360 7 Group 1 Sub Grp 2 ~~0000428914~~0000428885 Loan Paid in Full 0(1) 95.~~500~~990% 360 58 Group 1 Sub Grp 2 ~~0000428925~~0000428886 Loan Paid in Full 0 7.~~490~~200% 360 57 Group 1 Sub Grp 2 ~~0000428991~~0000428909 Loan Paid in Full 0 86.~~850~~750% 360 58 Group 1 Sub Grp 2 ~~0000429096~~0000428969 Loan Paid in Full 03 98.~~200~~550% 360 56 Group 1 Sub Grp 2 ~~0000429147~~0000429114 Loan Paid in Full 0 7.~~900~~600% 360 56 Group 1 Sub Grp 2 ~~0000429148~~0000429119 Loan Paid in Full 0 68.~~950~~500% 360 56 Group 1 Sub Grp 2 ~~0000429277~~0000429240 Loan Paid in Full 0 57.~~400~~450% 360 56 Group 1 Sub Grp 2 ~~0000429346~~0000429280 Loan Paid in Full 0 7.~~750~~800% 360 56 Group 1 Sub Grp 2 ~~0000429460~~0000429291 Loan Paid in Full 0 7.~~990~~850% 360 56 Group 1 Sub Grp 2 ~~0000429492~~0000429319 Loan Paid in Full 0 117.~~250~~450% 360 56 Group 1 Sub Grp 2 ~~0000429500~~0000429366 Loan Paid in Full 0 7.~~500~~350% 360 56 Group 1 Sub Grp 2 ~~0000429534~~0000429379 Loan Paid in Full 03 87.150% 360 56 Group 1 Sub Grp 2 ~~0000429550~~0000429414 Loan Paid in Full 0 86.~~050~~800% 360 56 Group 1 Sub Grp 2 ~~0000429618~~0000429421 Loan Paid in Full 0 76.~~700~~600% 360 56 Group 1 Sub Grp 2 ~~0000429652~~0000429473 Loan Paid in Full 0 97.~~050~~450% 360 56 Group 1 Sub Grp 2 ~~0000429686~~0000429488 Loan Paid in Full 0 8.990% 360 6 Group 1 Sub Grp 2 0000429529 Loan Paid in Full 3 7.~~900~~750% 360 56 Group 1 Sub Grp 2 ~~0000429726~~0000429530 Loan Paid in Full 0 76.~~300~~400% 360 56 Group 1 Sub Grp 2 ~~0000429859~~0000429583 Loan Paid in Full 0 7.~~150~~400% 360 56 Group 1 Sub Grp 2 ~~0000429900~~0000429601 Loan Paid in Full 0 86.~~900~~700% 360 56 Group 1 Sub Grp 2 ~~0000429942~~0000429721 Loan Paid in Full 03 6.~~750~~850% 360 56 Group 1 Sub Grp 2 ~~0000429976~~0000429753 Loan Paid in Full 0 7.~~500~~400% 360 6 Group 1 Sub Grp 2 ~~0000430063~~0000429766 Loan Paid in Full 0 98.~~150~~500% 360 56 Group 1 Sub Grp 2 ~~0000430064~~0000429773 Loan Paid in Full 0 8.~~400~~700% 360 56 Group 1 Sub Grp 2 ~~0000430074~~0000429874 Loan Paid in Full 0 7.990% 360 56 Group 1 Sub Grp 2 ~~0000430104~~0000429935 Loan Paid in Full 03 78.~~400~~600% 360 6 Group 1 Sub Grp 2 ~~0000430167~~0000429958 Loan Paid in Full 03 58.~~500~~700% 360 56 Group 1 Sub Grp 2 ~~0000430264~~0000429964 Loan Paid in Full 0 78.~~650~~400% 360 57 Group 1 Sub Grp 2 ~~0000430532~~0000430018 Loan Paid in Full 03 97.~~250~~200% 360 56 Group 1 Sub Grp 2 ~~0000430638~~0000430058 Loan Paid in Full 03 97.~~850~~550% 360 56 Group 1 Sub Grp 2 ~~0000430667~~0000430119 Loan Paid in Full 0 68.~~700~~200% 360 56 Group 1 Sub Grp 2 ~~0000430737~~0000430279 Loan Paid in Full 0 78.750% 360 56 Group 1 Sub Grp 2 ~~0000430818~~0000430353 Loan Paid in Full 0 87.~~490~~000% 360 56 Group 1 Sub Grp 2 ~~0000430835~~0000430408 Loan Paid in Full 0 97.~~050~~750% 360 56 Group 1 Sub Grp 2 ~~0000430975~~0000430480 Loan Paid in Full 0 78.~~100~~790% 360 56 Group 1 Sub Grp 2 ~~0000431095~~0000430546 Loan Paid in Full 0 6.~~850~~950% 360 56 Group 1 Sub Grp 2 ~~0000431151~~0000430633 Loan Paid in Full 0(1) 9.~~150~~800% 360 56 Group 1 Sub Grp 2 ~~0000431194~~0000430688 Loan Paid in Full 0 7.750% 360 6 Group 1 Sub Grp 2 0000430713 Loan Paid in Full 3 7.450% 360 6 Group 1 Sub Grp 2 ~~0000431202~~0000430815 Loan Paid in Full 0 6.~~900~~750% 360 6 Group 1 Sub Grp 2 ~~0000431252~~0000431017 Loan Paid in Full 0 78.950% 360 7 Group 1 Sub Grp 2 ~~0000431304~~0000431054 Loan Paid in Full 0 56.~~990~~650% 360 56 Group 1 Sub Grp 2 ~~0000431327~~0000431135 Loan Paid in Full 0 57.990% 360 56 Group 1 Sub Grp 2 ~~0000431346~~0000431190 Loan Paid in Full 3 12.000% 360 6 Group 1 Sub Grp 2 0000431201 Loan Paid in Full 0 7.~~500~~400% 360 58 Group 1 Sub Grp 2 ~~0000431376~~0000431256 Loan Paid in Full 0 69.~~650~~850% 360 58 Group 1 Sub Grp 2 ~~0000431509~~0000431388 Loan Paid in Full 0 76.~~800~~550% 360 56 Group 1 Sub Grp 2 ~~0000431538~~0000431520 Loan Paid in Full 0 76.~~375~~700% 360 56 Group 1 Sub Grp 2 ~~0000431560~~0000431567 Loan Paid in Full 0 76.~~950~~990% 360 56 Group 1 Sub Grp 2 ~~0000431614~~0000431620 Loan Paid in Full 0 78.~~800~~990% 360 56 Group 1 Sub Grp 2 ~~0000431666~~0000431630 Loan Paid in Full 0 76.~~150~~250% 360 56 Group 1 Sub Grp 2 ~~0000431750~~0000431652 Loan Paid in Full 0 65.990% 360 56 Group 1 Sub Grp 2 ~~0000431766~~0000431728 Loan Paid in Full 0 6.~~990~~500% 360 56 Group 1 Sub Grp 2 ~~0000431829~~0000431803 Loan Paid in Full 0 7.~~990~~500% 360 56 Group 1 Sub Grp 2 ~~0000431841~~0000431911 Loan Paid in Full 03 97.~~650~~700% 360 56 Group 1 Sub Grp 2 ~~0000431872~~0000431990 Loan Paid in Full 0 6.~~990~~000% 360 56 Group 1 Sub Grp 2 ~~0000432032~~0000432014 Loan Paid in Full 0 56.~~500~~650% 360 56 Group 1 Sub Grp 2 ~~0000432036~~0000432045 Loan Paid in Full 0 75.~~100~~990% 360 56 Group 1 Sub Grp 2 ~~0000432044~~0000432071 Loan Paid in Full 0 56.990% 360 56 Group 1 Sub Grp 2 ~~0000432054~~0000432107 Loan Paid in Full 0 96.~~150~~200% 360 56 Group 1 Sub Grp 2 ~~0000432066~~0000432129 Loan Paid in Full 0 74.~~150~~990% 360 56 Group 1 Sub Grp 2 ~~0000432148~~0000432168 Loan Paid in Full 0 86.~~450~~250% 360 56 Group 1 Sub Grp 2 ~~0000432161~~0000432196 Loan Paid in Full 0 6.~~990~~950% 360 56 Group 1 Sub Grp 2 ~~0000432195~~0000432250 Loan Paid in Full 0 87.~~950~~100% 360 56 Group 1 Sub Grp 2 ~~0000432208~~0000432322 Loan Paid in Full 0 8.~~500~~100% 360 57 Group 1 Sub Grp 2 ~~0000432296~~0000432369 Loan Paid in Full 0 6.~~750~~250% 360 56 Group 1 Sub Grp 2 ~~0000432342~~0000432389 Loan Paid in Full 0 86.~~350~~250% 360 57 Group 1 Sub Grp 2 ~~0000432353~~0000432407 Loan Paid in Full 0 76.950% 360 6 Group 1 Sub Grp 2 0000432475 Loan Paid in Full 1 10.500% 360 7 Group 1 Sub Grp 2 0000432539 Loan Paid in Full 0 6.990% 360 7 Group 1 Sub Grp 2 0000432544 Loan Paid in Full 0 5.850% 360 7 Group 1 Sub Grp 2 ~~0000432428~~0000432595 Loan Paid in Full 0 7.~~150~~250% 360 57 Group 1 Sub Grp 2 ~~0000432501~~0000432619 Loan Paid in Full 0 6.500% 360 57 Group 1 Sub Grp 2 ~~0000432508~~0000432625 Loan Paid in Full 0 116.~~100~~500% 360 56 Group 1 Sub Grp 2 ~~0000432594~~0000432637 Loan Paid in Full 0 67.~~650~~350% 360 57 Group 1 Sub Grp 2 ~~0000432627~~0000432678 Loan Paid in Full 0 86.~~250~~700% 360 57 Group 1 Sub Grp 2 ~~0000432632~~0000432733 Loan Paid in Full 0 57.~~200~~375% 360 67 Group 1 Sub Grp 2 ~~0000432653~~0000432785 Loan Paid in Full 0 6.~~250~~150% 360 67 Group 1 Sub Grp 2 ~~0000432664~~0000432812 Loan Paid in Full 0 6.~~950~~990% 360 68 Group 1 Sub Grp 2 ~~0000432682~~0000432862 Loan Paid in Full 0 87.~~600~~750% 360 59 Group 1 Sub Grp 2 ~~0000432694~~0000433028 Loan Paid in Full 0 7.~~400~~550% 360 65 Group 1 Sub Grp 2 ~~0000432731~~0000433156 Loan Paid in Full 0 7.~~650~~825% 360 65 Group 1 Sub Grp 2 ~~0000432750~~0000433235 Loan Paid in Full 0(1) 9.~~990~~490% 360 5 Group 1 Sub Grp 2 ~~0000432796~~0000433237 Loan Paid in Full 0 6.~~990~~700% 360 65 Group 1 Sub Grp 2 ~~0000432803~~0000433347 Loan Paid in Full 02 89.~~100~~350% 360 75 Group 1 Sub Grp 2 ~~0000432806~~0000433700 Loan Paid in Full 0 78.~~000~~850% 360 75 Group 1 Sub Grp 2 ~~0000432826~~0000433709 Loan Paid in Full 0 65.~~350~~650% 360 75 Group 1 Sub Grp 2 ~~0000432834~~0000433720 Loan Paid in Full 0 68.~~600~~150% 360 5 Group 2 Sub Grp 1 0000417537 Loan Paid in Full 2 8.875% 180 7 Group 2 Sub Grp 1 0000417558 Loan Paid in Full 0 8.750% 240 7 Group 2 Sub Grp 1 0000421380 Loan Paid in Full 0 8.375% 180 7 Group 2 ~~0000432897~~Sub Grp 1 0000423469 Loan Paid in Full 2 11.250% 180 7 Group 2 Sub Grp 1 0000425712 Loan Paid in Full 0 9.375% 180 5 Group 2 Sub Grp 1 0000428266 Loan Paid in Full 0 9.~~450~~500% 360 6 Group 12 Sub Grp 21 ~~0000433230~~0000428346 Loan Paid in Full 0 67.~~790~~990% 360 46 Group 12 Sub Grp 1 0000428347 Loan Paid in Full 0 8.500% 360 6 Group 2 ~~0000433255~~Sub Grp 1 0000428707 Loan Paid in Full 0 9.990% 360 7 Group 2 Sub Grp 1 0000429509 Loan Paid in Full 3 11.400% 360 56 Group 12 Sub Grp 1 0000429520 Loan Paid in Full 0 10.625% 360 6 Group 2 ~~0000433734~~Sub Grp 1 0000430539 Loan Paid in Full 0 711.~~000~~125% 360 56 Group 2 Sub Grp 1 ~~0000417587~~0000431373 Loan Paid in Full 0 9.~~500~~750% ~~180~~360 6 Group 2 Sub Grp 1 ~~0000427916~~0000431378 Loan Paid in Full 0 910.~~350~~749% 360 56 Group 2 Sub Grp 1 ~~0000429058~~0000431498 Loan Paid in Full 0 9.~~350~~749% 360 56 Group 2 Sub Grp 1 ~~0000430377~~0000432038 Loan Paid in Full 0 1110.500% 360 56 Group 2 Sub Grp 21 ~~0000417588~~0000432063 Loan Paid in Full 0 5.~~250~~990% 360 6 Group 2 Sub Grp 1 0000432783 Loan Paid in Full 0 10.750% 360 7 Group 2 ~~0000427325~~Sub Grp 2 0000417538 Loan Paid in Full 2 6.000% 360 7 Group 2 Sub Grp 2 0000421381 Loan Paid in Full 0 5.~~800~~625% 360 57 Group 2 Sub Grp 2 ~~0000427457~~0000421384 Loan Paid in Full 0 6.~~800~~875% 360 6 Group 2 Sub Grp 2 0000423470 Loan Paid in Full 3 5.750% 360 7 Group 2 Sub Grp 2 ~~0000427801~~0000425754 Loan Paid in Full 0 6.~~850~~500% 360 5 Group 2 Sub Grp 2 ~~0000428337~~0000428016 Loan Paid in Full 0 7.~~650~~900% 360 56 Group 2 Sub Grp 2 ~~0000428358~~0000428447 Loan Paid in Full 0 5.990% 360 56 Group 2 Sub Grp 2 ~~0000428432~~0000428708 Loan Paid in Full 0 76.250% 360 57 Group 2 Sub Grp 2 ~~0000429069~~0000428797 Loan Paid in Full 02 76.~~250~~700% 360 56 Group 2 Sub Grp 2 ~~0000430378~~0000429161 Loan Paid in Full 0 6.~~200~~800% 360 56 Group 2 Sub Grp 2 ~~0000431512~~0000430344 Loan Paid in Full 03 68.~~250~~050% 360 56 Group 2 Sub Grp 2 ~~0000431884~~0000430777 Loan Paid in Full 0 56.~~800~~600% 360 56 Group 2 Sub Grp 2 ~~0000431965~~0000431192 Loan Paid in Full 03 67.~~650~~300% 360 58 Group 2 Sub Grp 2 ~~0000432149~~0000431320 Loan Paid in Full 03 56.990% 360 56 Group 2 Sub Grp 2 ~~0000432630~~0000431440 Loan Paid in Full 0 67.150% 360 6 Group 2 Sub Grp 2 ~~0000432775~~0000431514 Loan Paid in Full 0 46.990% 360 6 Group 2 Sub Grp 2 ~~0000433160~~0000432398 Loan Paid in Full 03 67.~~650~~950% 360 46 Group 2 Sub Grp 2 ~~0000433182~~0000432470 Loan Paid in Full 0 7.~~050~~400% 360 47 Group 2 Sub Grp 2 ~~0000433273~~0000432570 Loan Paid in Full ~~(1)~~3 56.~~990~~550% 360 56 Group 2 Sub Grp 2 ~~0000433355~~0000432576 Loan Paid in Full 0 76.~~100~~550% 360 47 Group 2 Sub Grp 2 ~~0000433681~~0000433144 Loan Paid in Full 0 86.~~150~~500% 360 5 Group 2 Sub Grp 2 0000433277 Loan Paid in Full 3 6.850% 360 6

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 3.~~199~~776% Current Month 3236.~~308~~988% Current Month 3,~~178~~043.~~657~~325% 3 Month Average 12.~~997~~745% 3 Month Average 2127.~~108~~799% 3 Month Average 2,~~548~~649.~~251~~364% 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 13.629% N/A Apr-2005 3,262.340% N/A May-2005 16.917% N/A May-2005 2,739.985% N/A Jun-2005 14.099% N/A Jun-2005 1,726.111% N/A Jul-2005 32.308% N/A Jul-2005 3,178.657% N/A Aug-2005 36.988% N/A Aug-2005 3,043.325% 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 Sub Grp 1 SMM CPR PSA Current Month 2.~~012~~083% Current Month 2122.~~639~~323% Current Month 21,~~120~~828.~~367~~823% 3 Month Average 1.~~286~~714% 3 Month Average 1418.~~233~~607% 3 Month Average 1,~~682~~798.~~577~~298% 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 5.711% N/A Apr-2005 1,357.217% N/A May-2005 9.200% N/A May-2005 1,481.662% N/A Jun-2005 11.859% N/A Jun-2005 1,445.702% N/A Jul-2005 21.639% N/A Jul-2005 2,120.367% N/A Aug-2005 22.323% N/A Aug-2005 1,828.823% 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 Sub Grp 2 SMM CPR PSA Current Month 3.~~515~~899% Current Month 3437.~~911~~953% Current Month 3,~~426~~115.~~262~~948% 3 Month Average 2.~~038~~898% 3 Month Average 2129.~~319~~065% 3 Month Average 2,~~515~~763.~~231~~413% 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 13.960% N/A Apr-2005 3,317.870% N/A May-2005 14.716% N/A May-2005 2,371.402% N/A Jun-2005 14.331% N/A Jun-2005 1,748.030% N/A Jul-2005 34.911% N/A Jul-2005 3,426.262% N/A Aug-2005 37.953% N/A Aug-2005 3,115.948% 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 2 Sub Grp 1 SMM CPR PSA Current Month 15.~~042~~290% Current Month 1147.~~812~~912% Current Month 13,~~161~~941.~~287~~235% 3 Month Average 12.~~047~~310% 3 Month Average 1122.~~789~~222% 3 Month Average 1,~~567~~983.~~829~~933% 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 2.987% N/A Apr-2005 714.922% N/A May-2005 16.613% N/A May-2005 2,692.925% N/A Jun-2005 6.942% N/A Jun-2005 849.275% N/A Jul-2005 11.812% N/A Jul-2005 1,161.287% N/A Aug-2005 47.912% N/A Aug-2005 3,941.235% 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 2 Sub Grp 2 SMM CPR PSA Current Month 3.~~256~~976% Current Month 3238.~~778~~541% Current Month 3,~~252~~195.~~393~~875% 3 Month Average 2.~~360~~878% 3 Month Average 2428.~~621~~969% 3 Month Average 32,~~126~~793.~~375~~159% 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 17.617% N/A Apr-2005 4,310.997% N/A May-2005 25.495% N/A May-2005 4,195.522% N/A Jun-2005 15.589% N/A Jun-2005 1,931.209% N/A Jul-2005 32.778% N/A Jul-2005 3,252.393% N/A Aug-2005 38.541% N/A Aug-2005 3,195.875% 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 Sub Grp 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. Group 1 Sub Grp 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 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 2 Sub Grp 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. Group 2 Sub Grp 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 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 · ACE Securities Corp Home Equity Loan Trust Series 2005-HE2