8-K 1 mlm05sl2_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 MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-SL2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121605-18 54-2176774 Pooling and Servicing Agreement) (Commission 54-2176775 (State or other File Number) 54-6671928 jurisdiction 54-6671929 of Incorporation) IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2005 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS TRUST, Mortgage Loan Asset-Backed Certificates, Series 2005-SL2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-SL2 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. MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-SL2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-SL2 Trust, relating to the August 25, 2005 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Series 2005-SL2 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 R 59020UYK5 RES 3.~~41000~~55000% ~~100~~0.00 0.2600 A-1A 59020UXY6 SEN 3.~~41000~~55000% ~~197~~179,~~815~~034,~~000~~172.0075 ~~505~~547,~~911~~297.8652 A-1B 59020UYG4 SEN 3.~~58000~~72000% 120,865,000.00 ~~324~~387,~~522~~170.5288 M-1 59020UXZ3 MEZ 34.~~92000~~06000% 44,701,000.00 ~~131~~156,~~420~~279.9466 M-2 59020UYA7 MEZ 4.~~12000~~26000% 39,024,000.00 ~~120~~143,~~584~~153.1604 B-1 59020UYB5 SUB 5.92720% 23,651,000.00 116,820.17 B-2 59020UYC3 SUB 6.12200% 9,460,000.00 48,261.77 B-3 59020UYD1 SUB 5.~~32000~~46000% 9,224,000.00 3643,~~803~~368.7617 B-4 59020UYE9 SUB 5.50000% 8,514,000.00 39,022.50 B-5 59020UYF6 SUB 5.65000% 8,514,000.00 40,086.75 C 59020UYH2 SEN 0.00000% 1013,~~870~~306,~~518~~917.5310 0.00 P 59020UYJ8 SEN 0.00000% 0.00 ~~265~~238,~~852~~210.5124 Totals ~~472~~456,~~638~~294,~~618~~089.5385 1,~~629~~759,~~287~~670.2070

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses R ~~100~~0.00 0.00 0.00 ~~100~~0.2600 0.00 A-1A 1816,~~780~~833,~~827~~214.2582 0.00 ~~179~~162,~~034~~200,~~172~~957.7593 1917,~~286~~380,~~739~~512.1134 0.00 A-1B 0.00 0.00 120,865,000.00 ~~324~~387,~~522~~170.5288 0.00 M-1 0.00 0.00 44,701,000.00 ~~131~~156,~~420~~279.9466 0.00 M-2 0.00 0.00 39,024,000.00 ~~120~~143,~~584~~153.1604 0.00 B-1 0.00 0.00 23,651,000.00 116,820.17 0.00 B-2 0.00 0.00 9,460,000.00 48,261.77 0.00 B-3 0.00 0.00 9,224,000.00 3643,~~803~~368.7617 0.00 B-4 0.00 0.00 8,514,000.00 39,022.50 0.00 B-5 0.00 0.00 8,514,000.00 40,086.75 0.00 C 0.00 0.00 1315,~~306~~431,~~917~~003.1073 0.00 0.00 P 0.00 0.00 0.00 ~~265~~238,~~852~~210.5124 0.00 Totals 1816,~~780~~833,~~927~~214.2582 0.00 ~~456~~441,~~294~~584,~~089~~961.8566 2018,~~410~~592,~~214~~885.4552 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) R 100.00 ~~100~~0.00 0.00 ~~100~~0.00 0.00 0.00 100.00 ~~100~~0.00 0.00 ~~100~~0.00 0.00 0.00 A-1A 197,815,000.00 ~~197~~179,~~815~~034,~~000~~172.0075 0.00 1816,~~780~~833,~~827~~214.2582 0.00 0.00 A-1B 120,865,000.00 120,865,000.00 0.00 0.00 0.00 0.00 M-1 44,701,000.00 44,701,000.00 0.00 0.00 0.00 0.00 M-2 39,024,000.00 39,024,000.00 0.00 0.00 0.00 0.00 B-1 23,651,000.00 23,651,000.00 0.00 0.00 0.00 0.00 B-2 9,460,000.00 9,460,000.00 0.00 0.00 0.00 0.00 B-3 9,224,000.00 9,224,000.00 0.00 0.00 0.00 0.00 B-4 8,514,000.00 8,514,000.00 0.00 0.00 0.00 0.00 B-5 8,514,000.00 8,514,000.00 0.00 0.00 0.00 0.00 C 10,870,518.53 1013,~~870~~306,~~518~~917.5310 0.00 0.00 0.00 0.00 10,870,518.53 1013,~~870~~306,~~518~~917.5310 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 483,509,237.06 ~~483~~469,~~509~~601,~~237~~006.0695 0.00 1816,~~781~~833,~~027~~214.2582 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 R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 A-1A 1816,~~780~~833,~~827~~214.2582 ~~179~~162,~~034~~200,~~172~~957.7593 0.~~90505863~~81996288 1816,~~780~~833,~~827~~214.2582 A-1B 0.00 120,865,000.00 1.00000000 0.00 M-1 0.00 44,701,000.00 1.00000000 0.00 M-2 0.00 39,024,000.00 1.00000000 0.00 B-1 0.00 23,651,000.00 1.00000000 0.00 B-2 0.00 9,460,000.00 1.00000000 0.00 B-3 0.00 9,224,000.00 1.00000000 0.00 B-4 0.00 8,514,000.00 1.00000000 0.00 B-5 0.00 8,514,000.00 1.00000000 0.00 C 0.00 1315,~~306~~431,~~917~~003.1073 1.~~22412901~~41952784 0.00 C 0.00 1315,~~306~~431,~~917~~003.1073 1.~~22412901~~41952784 0.00 P 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00000000 0.00 Totals 1816,~~781~~833,~~027~~214.2582 ~~469~~457,~~601~~015,~~006~~965.9539 0.~~97123482~~94520628 1816,~~781~~833,~~027~~214.2582

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 ~~1000~~0.00000000 0.00000000 ~~1000~~0.00000000 0.00000000 A-1A 197,815,000.00 ~~1000~~905.~~00000000~~05862927 0.00000000 9485.~~94137073~~09574512 0.00000000 A-1B 120,865,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 44,701,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 39,024,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 23,651,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 9,460,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 9,224,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 8,514,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 8,514,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 10,870,518.53 ~~1000~~1224.~~00000000~~12901126 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per $1000 Denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 A-1A 0.00000000 9485.~~94137073~~09574512 ~~905~~819.~~05862927~~96288416 0.~~90505863~~81996288 9485.~~94137073~~09574512 A-1B 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 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,~~224~~419.~~12901126~~52784381 1.~~22412901~~41952784 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall R 100.00 3.~~41000~~55000% ~~100~~0.00 0.2600 0.00 0.00 A-1A 197,815,000.00 3.~~41000~~55000% ~~197~~179,~~815~~034,~~000~~172.0075 ~~505~~547,~~911~~297.8652 0.00 0.00 A-1B 120,865,000.00 3.~~58000~~72000% 120,865,000.00 ~~324~~387,~~522~~170.5388 0.00 0.00 M-1 44,701,000.00 34.~~92000~~06000% 44,701,000.00 ~~131~~156,~~420~~279.9466 0.00 0.00 M-2 39,024,000.00 4.~~12000~~26000% 39,024,000.00 ~~120~~143,~~584~~153.1604 0.00 0.00 B-1 23,651,000.00 5.92720% 23,651,000.00 116,820.17 0.00 0.00 B-2 9,460,000.00 6.12200% 9,460,000.00 48,261.77 0.00 0.00 B-3 9,224,000.00 5.~~32000~~46000% 9,224,000.00 3643,~~803~~368.7617 0.00 0.00 B-4 8,514,000.00 5.50000% 8,514,000.00 39,022.50 0.00 0.00 B-5 8,514,000.00 5.65000% 8,514,000.00 40,086.75 0.00 0.00 C 10,870,518.53 0.00000% 1013,~~870~~306,~~518~~917.5310 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 Totals 472,638,618.53 1,~~363~~521,~~434~~460.7046 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 R 0.00 0.00 0.2600 0.00 0.00 A-1A 0.00 0.00 ~~505~~547,~~911~~297.8652 0.00 ~~179~~162,~~034~~200,~~172~~957.7593 A-1B 0.00 0.00 ~~324~~387,~~522~~170.5288 0.00 120,865,000.00 M-1 0.00 0.00 ~~131~~156,~~420~~279.9466 0.00 44,701,000.00 M-2 0.00 0.00 ~~120~~143,~~584~~153.1604 0.00 39,024,000.00 B-1 0.00 0.00 116,820.17 0.00 23,651,000.00 B-2 0.00 0.00 48,261.77 0.00 9,460,000.00 B-3 0.00 0.00 3643,~~803~~368.7617 0.00 9,224,000.00 B-4 0.00 0.00 39,022.50 0.00 8,514,000.00 B-5 0.00 0.00 40,086.75 0.00 8,514,000.00 C 0.00 0.00 0.00 0.00 1315,~~306~~431,~~917~~003.1073 P 0.00 0.00 ~~265~~238,~~852~~210.5124 0.00 0.01 Totals 0.00 0.00 1,~~629~~759,~~287~~670.2070 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 R 100.00 3.~~41000~~55000% ~~1000~~0.00000000 20.~~60000000~~00000000 0.00000000 0.00000000 A-1A 197,815,000.00 3.~~41000~~55000% ~~1000~~905.~~00000000~~05862927 2.~~55749999~~76671395 0.00000000 0.00000000 A-1B 120,865,000.00 3.~~58000~~72000% 1000.00000000 23.~~68500004~~20333331 0.00000000 0.00000000 M-1 44,701,000.00 34.~~92000~~06000% 1000.00000000 23.~~94000000~~49611105 0.00000000 0.00000000 M-2 39,024,000.00 4.~~12000~~26000% 1000.00000000 3.~~09000000~~66833333 0.00000000 0.00000000 B-1 23,651,000.00 5.92720% 1000.00000000 4.93933322 0.00000000 0.00000000 B-2 9,460,000.00 6.12200% 1000.00000000 5.10166702 0.00000000 0.00000000 B-3 9,224,000.00 5.~~32000~~46000% 1000.00000000 34.~~99000000~~70166631 0.00000000 0.00000000 B-4 8,514,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 B-5 8,514,000.00 5.65000% 1000.00000000 4.70833333 0.00000000 0.00000000 C 10,870,518.53 0.00000% ~~1000~~1224.~~00000000~~12901126 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per $1000 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 R 0.00000000 0.00000000 20.~~60000000~~00000000 0.00000000 0.00000000 A-1A 0.00000000 0.00000000 2.~~55749999~~76671395 0.00000000 ~~905~~819.~~05862927~~96288416 A-1B 0.00000000 0.00000000 23.~~68499996~~20333331 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 23.~~94000000~~49611105 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~09000000~~66833333 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 4.93933322 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 5.10166702 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 34.~~99000000~~70166631 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 4.70833333 0.00000000 1000.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 ~~1224~~1419.~~12901126~~52784381 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2018,~~310~~737,~~113~~371.3354 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~302~~377,~~689~~306.4824 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(23,474.0076) Prepayment Penalties 0.00 Total Deposits 2019,~~612~~091,~~802~~203.8102 Withdrawals Reimbursement for Servicer Advances 0302,689.0048 Payment of Service Fee ~~202~~195,~~588~~628.3601 Payment of Interest and Principal 2018,~~410~~592,~~214~~885.4553 Total Withdrawals (Pool Distribution Amount) 2019,~~612~~091,~~802~~203.8102 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~195~~188,~~301~~593.8548 Securities Administrator Fee 7,~~286~~034.5153 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~202~~195,~~588~~628.3601

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 023 0 0 023 0928,801.0038 0.00 0.00 0928,801.0038 30 Days ~~592~~726 03 01 0 ~~592~~730 2328,~~711~~626,~~272~~670.9840 083,157.0003 052,835.0023 0.00 2328,~~711~~762,~~272~~662.9866 60 Days ~~173~~178 03 0 0 ~~173~~181 67,~~919~~212,~~050~~341.2738 071,924.0061 0.00 0.00 67,~~919~~284,~~050~~265.2799 90 Days 6990 02 0 0 6992 23,~~582~~651,~~204~~319.3882 025,712.0068 0.00 0.00 23,~~582~~677,~~204~~032.3850 120 Days 048 02 0 0 050 01,661,746.0080 065,255.0061 0.00 0.00 01,727,002.0041 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~834~~1,042 033 01 0 ~~834~~1,076 3341,~~212~~152,~~527~~078.6340 01,174,851.0031 052,835.0023 0.00 3342,~~212~~379,~~527~~764.6394 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~000000~~211553% 0.000000% 0.000000% 0.~~000000~~211553% 0.~~000000~~210192% 0.000000% 0.000000% 0.~~000000~~210192% 30 Days 56.~~298962~~677704% 0.~~000000~~027594% 0.~~000000~~009198% 0.000000% 56.~~298962~~714496% 56.~~193275~~478348% 0.~~000000~~018819% 0.~~000000~~011957% 0.000000% 56.~~193275~~509124% 60 Days 1.~~548514~~637233% 0.~~000000~~027594% 0.000000% 0.000000% 1.~~548514~~664827% 1.~~515420~~632186% 0.~~000000~~016277% 0.000000% 0.000000% 1.~~515420~~648463% 90 Days 0.~~617615~~827815% 0.~~000000~~018396% 0.000000% 0.000000% 0.~~617615~~846210% 0.~~565558~~826311% 0.~~000000~~005819% 0.000000% 0.000000% 0.~~565558~~832130% 120 Days 0.~~000000~~441501% 0.~~000000~~018396% 0.000000% 0.000000% 0.~~000000~~459897% 0.~~000000~~376061% 0.~~000000~~014768% 0.000000% 0.000000% 0.~~000000~~390829% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 79.~~465091~~584253% 0.~~000000~~303532% 0.~~000000~~009198% 0.000000% 79.~~465091~~896983% 79.~~274252~~312906% 0.~~000000~~265874% 0.~~000000~~011957% 0.000000% 79.~~274252~~590738%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~302~~377,~~689~~306.4824

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Aug~~Sep-04 0.000% Original Principal Balance 0.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 0.00 ~~Oct~~Nov-04 0.000% ~~Nov~~Dec-04 0.000% Current REO Total ~~Dec~~Jan-0405 0.000% Loans in REO 0 ~~Jan~~Feb-05 0.000% Original Principal Balance 0.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 0.00 ~~Mar~~Apr-05 0.000% ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 01 ~~Aug~~Sep-04 0.000% Original Principal Balance 053,000.00 ~~Sep~~Oct-04 0.000% Current Principal Balance 052,835.0023 ~~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 053,000.00 ~~Feb~~Mar-05 0.000% Current Principal Balance 052,835.0023 ~~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~~012% *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 NoSummary ~~Foreclosure~~0067240436 ~~loans~~Aug-2005 ~~this~~01-Sep-2004 ~~period~~FL 100.00 53,000.00

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 NoSummary ~~Foreclosure~~0067240436 ~~loans~~52,835.23 ~~this~~01-Jun-2005 ~~period~~1 10.750% 901.67

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 10.~~162654~~163577% Weighted Average Net Coupon 9.~~666795~~667598% Weighted Average Pass-Through Rate 9.~~648295~~649098% Weighted Average Maturity(Stepdown Calculation) 1 Beginning Scheduled Collateral Loan Count 11,~~505~~172 Number Of Loans Paid In Full ~~333~~300 Ending Scheduled Collateral Loan Count 1110,~~172~~872 Beginning Scheduled Collateral Balance ~~472~~456,~~638~~294,~~618~~089.5385 Ending Scheduled Collateral Balance ~~456~~441,~~294~~584,~~089~~961.8566 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 ~~456~~441,~~576~~882,~~531~~227.7151 Monthly P&I Constant 4,~~341~~195,~~624~~231.4251 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 023,474.0076 Cumulative Realized Loss 023,474.0076 Scheduled Principal ~~338~~330,~~905~~581.4446 Unscheduled Principal 1614,~~005~~378,~~623~~546.2473

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 Total ~~333~~299 1614,~~089~~505,~~748~~872.2002 1514,~~941~~292,~~206~~082.8405 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 Total 0 0.00 0.00 01 023,660.00 023,562.0017 ~~275~~74,~~030~~015.0752

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Summary 0000015923 FL 100.00 01-Jan-2005 40,000.00 39,895.14 Summary 0000018370 CO 99.34 01-Mar-2005 60,000.00 59,878.69 Summary 0000226489 CA 100.00 01-Sep-2004 74,000.00 73,711.31 Summary 0000226699 CA 100.00 01-Oct-2004 50,400.00 50,179.88 Summary 0000227132 CA 100.00 01-Oct-2004 77,000.00 76,663.64 Summary 0000227425 CA 100.00 01-Nov-2004 57,980.00 57,796.65 Summary 0000306984 CA 94.47 01-Sep-2004 89,450.00 89,041.48 Summary 0000448441 VA 94.73 01-Nov-2004 52,500.00 52,321.72 Summary 0000451512 VA 100.00 01-Nov-2004 34,180.00 33,902.52 Summary 0000451938 FL 100.00 01-Nov-2004 47,300.00 47,172.92 Summary 0000666809 CA 100.00 01-Nov-2004 66,000.00 65,344.70 Summary 0000680492 CA 100.00 01-Dec-2004 68,000.00 67,738.82 Summary 000W460386 CA 100.00 01-Aug-2004 92,000.00 91,469.15 Summary 000W470006 CA 100.00 01-Sep-2004 82,000.00 81,644.85 Summary 0021059673 CA 100.00 01-Jan-2005 114,835.00 114,479.89 Summary 0021060222 CA 100.00 01-Dec-2004 52,600.00 52,407.97 Summary 0031030182 CA 100.00 01-Jan-2005 64,672.00 64,506.06 Summary 0031030270 CA 100.00 01-Jan-2005 30,000.00 29,923.00 Summary 0031030400 CA 100.00 01-Jan-2005 84,000.00 83,718.89 Summary 0031030467 CA 100.00 01-Jan-2005 77,200.00 76,941.62 Summary 0031030670 CA 87.30 01-Jan-2005 38,082.00 37,967.00 Summary 0040375690 CA 95.00 01-Jun-2004 44,700.00 42,811.00 Summary 0040435040 OH 100.00 10-Jun-2004 19,800.00 19,345.01 Summary 0040502460 CA 100.00 01-Aug-2004 54,809.00 54,373.26 Summary 0040504220 CA 100.00 01-Aug-2004 45,000.00 44,642.36 Summary 0040557440 MD 100.00 21-Jul-2004 50,000.00 49,624.33 Summary 0040768870 MD 100.00 23-Aug-2004 38,000.00 37,808.98 Summary 0040829110 CA 100.00 01-Dec-2004 42,000.00 41,826.50 Summary 0040833160 IL 94.98 01-Nov-2004 38,780.00 38,690.90 Summary 0040860840 AZ 100.00 01-Nov-2004 38,040.00 37,906.36 Summary 0040861830 AZ 100.00 01-Nov-2004 20,400.00 20,339.02 Summary 0040862190 AZ 100.00 01-Nov-2004 37,600.00 37,474.55 Summary 0040869500 FL 100.00 03-Oct-2004 33,884.40 33,700.16 Summary 0040872220 VA 95.00 24-Sep-2004 35,400.00 35,231.97 Summary 0040874420 MN 100.00 01-Oct-2004 39,000.00 38,830.01 Summary 0040898270 VA 100.00 11-Sep-2004 34,000.00 33,845.36 Summary 0040914390 MI 100.00 01-Nov-2004 40,113.00 39,940.37 Summary 0040924850 PA 98.04 20-Oct-2004 46,000.00 45,439.74 Summary 0040925780 PA 95.00 21-Oct-2004 52,350.00 51,679.56 Summary 0040930430 FL 95.00 01-Nov-2004 77,250.00 76,888.85 Summary 0040937360 CA 100.00 01-Nov-2004 40,800.00 40,522.54 Summary 0040939100 CA 100.00 01-Nov-2004 88,500.00 88,157.18 Summary 0040944000 WI 100.00 01-Nov-2004 18,980.00 18,915.90 Summary 0040952960 CA 95.00 01-Dec-2004 97,500.00 97,086.49 Summary 0040960130 NJ 100.00 01-Dec-2004 47,700.00 47,494.17 Summary 0040964190 AZ 100.00 01-Nov-2004 42,600.00 42,442.19 Summary 0040966200 AZ 100.00 01-Nov-2004 38,500.00 38,311.88 Summary 0040980040 MD 100.00 05-Nov-2004 33,000.00 32,884.42 Summary 0040981850 FL 100.00 20-Oct-2004 25,000.00 24,910.23 Summary 0041008010 ME 100.00 03-Dec-2004 18,300.00 18,117.79 Summary 0041027050 FL 100.00 15-Dec-2004 33,980.00 33,607.64 Summary 0041032750 VA 100.00 08-Nov-2004 26,400.00 26,307.53 Summary 0041037680 VA 100.00 27-Nov-2004 33,400.00 33,276.72 Summary 0041038710 CA 100.00 01-Jan-2005 59,706.40 59,550.98 Summary 0041046630 CA 91.06 01-Dec-2004 26,000.00 25,894.74 Summary 0041047010 CA 99.92 01-Jan-2005 96,980.00 96,687.90 Summary 0041069890 NY 100.00 22-Nov-2004 32,600.00 32,502.65 Summary 0041073920 AZ 100.00 01-Dec-2004 39,800.00 39,464.88 Summary 0041074390 IL 100.00 01-Dec-2004 31,028.00 30,936.33 Summary 0041077900 AZ 93.68 01-Jan-2005 26,000.00 25,908.26 Summary 0041078230 AZ 100.00 01-Dec-2004 30,800.00 30,673.82 Summary 0041080510 AZ 100.00 01-Dec-2004 25,000.00 24,907.70 Summary 0041081000 AZ 100.00 01-Jan-2005 27,820.00 27,738.64 Summary 0041090390 MN 100.00 01-Dec-2004 22,200.00 22,122.23 Summary 0041151080 CA 100.00 01-Jan-2005 60,000.00 59,809.08 Summary 0041157390 NC 97.14 12-Dec-2004 34,000.00 33,896.73 Summary 0041160760 WI 100.00 01-Jan-2005 27,980.00 27,706.59 Summary 0041182540 AZ 100.00 01-Jan-2005 38,000.00 37,844.79 Summary 0041182650 AZ 100.00 01-Jan-2005 31,000.00 30,901.35 Summary 0041198200 MN 100.00 16-Dec-2004 30,070.00 29,885.78 Summary 0050000079 NV 100.00 01-Nov-2004 77,000.00 76,648.11 Summary 0050000875 OR 98.15 01-Dec-2004 45,000.00 44,848.40 Summary 0050000920 OR 99.97 01-Dec-2004 30,300.00 30,187.96 Summary 0050001162 CA 88.89 01-Dec-2004 200,000.00 (164.34) Summary 0050001343 CA 100.00 01-Dec-2004 94,000.00 93,671.64 Summary 0050001450 AZ 100.00 01-Dec-2004 24,400.00 24,301.28 Summary 0050001472 CA 94.99 01-Dec-2004 44,300.00 44,118.92 Summary 0050001522 CA 100.00 01-Dec-2004 71,000.00 70,727.35 Summary 0050001838 CA 100.00 01-Dec-2004 58,400.00 58,164.51 Summary 0050001870 CA 100.00 01-Dec-2004 64,400.00 64,218.28 Summary 0050002109 NV 89.47 01-Dec-2004 125,000.00 124,333.52 Summary 0050002349 AZ 100.00 01-Jan-2005 117,800.00 117,467.15 Summary 0050005541 CA 100.00 01-Apr-2005 37,450.00 37,398.16 Summary 0050007523 OK 100.00 01-May-2005 23,600.00 23,571.30 Summary 0050007722 MO 100.00 01-May-2005 33,700.00 33,651.94 Summary 0051054537 GA 100.00 01-Jan-2005 21,000.00 20,865.50 Summary 0051054851 GA 100.00 01-Jan-2005 29,380.00 29,286.71 Summary 0071062530 FL 95.00 01-Jan-2005 27,450.00 27,368.01 Summary 0080013202 CA 100.00 01-Nov-2004 73,342.00 73,034.43 Summary 0080013378 DC 100.00 01-Dec-2004 41,000.00 40,879.00 Summary 0080014107 CA 100.00 01-Nov-2004 54,000.00 53,819.78 Summary 0080014158 AZ 100.00 01-Dec-2004 27,600.00 27,518.55 Summary 0080014460 CA 100.00 01-Dec-2004 59,800.00 59,581.59 Summary 0080014523 CA 100.00 01-Dec-2004 55,000.00 54,799.14 Summary 0080014649 CA 100.00 01-Dec-2004 87,000.00 86,682.33 Summary 0080016248 GA 100.00 01-Dec-2004 25,000.00 24,908.70 Summary 0080017605 CA 96.81 01-Jan-2005 41,600.00 41,466.90 Summary 0080018623 AZ 96.65 01-Feb-2005 32,000.00 31,929.81 Summary 0080019316 CA 96.37 01-Feb-2005 33,000.00 32,910.41 Summary 0080019614 KS 97.47 01-Feb-2005 41,000.00 40,888.66 Summary 0080019695 FL 95.29 01-Mar-2005 38,000.00 37,894.44 Summary 0081052145 VA 100.00 01-Jan-2005 24,680.00 24,588.30 Summary 0121035990 WI 100.00 01-Dec-2004 25,000.00 24,893.77 Summary 0131029045 OH 100.00 01-Dec-2004 30,000.00 29,857.60 Summary 0161037667 MA 100.00 01-Dec-2004 100,200.00 99,746.67 Summary 0161038084 MA 100.00 01-Jan-2005 58,400.00 58,233.21 Summary 0161038474 MA 89.47 01-Jan-2005 51,000.00 50,824.84 Summary 0171022709 AZ 100.00 01-Dec-2004 30,278.00 30,193.49 Summary 0171022772 AZ 100.00 01-Dec-2004 53,797.00 53,654.73 Summary 0171023035 AZ 100.00 01-Jan-2005 25,400.00 25,308.11 Summary 0171023207 NV 100.00 01-Jan-2005 60,000.00 59,765.39 Summary 0171023250 AZ 100.00 01-Jan-2005 36,764.00 36,570.99 Summary 0191021592 WA 100.00 01-Dec-2004 40,200.00 40,093.68 Summary 0231048774 NH 100.00 01-Jun-2004 40,000.00 39,714.94 Summary 0231058064 CT 100.00 01-Jan-2005 34,800.00 34,719.90 Summary 0231059212 NY 100.00 01-Jan-2005 18,400.00 18,211.81 Summary 0231059813 NH 100.00 01-Jan-2005 28,400.00 28,254.72 Summary 0321021586 CO 95.00 01-Dec-2004 49,500.00 49,333.33 Summary 0321021891 UT 100.00 01-Jan-2005 31,000.00 30,851.44 Summary 0321022255 CO 100.00 01-Jan-2005 51,000.00 50,767.58 Summary 0341020966 NC 100.00 01-Jan-2005 23,000.00 22,889.76 Summary 0341021025 NC 100.00 01-Jan-2005 22,400.00 22,312.37 Summary 0361022060 MI 100.00 01-Jan-2005 15,000.00 14,936.69 Summary 0371022540 FL 100.00 01-Jan-2005 89,089.00 88,785.25 Summary 0371022957 FL 100.00 01-Feb-2005 37,000.00 36,869.91 Summary 0381017812 RI 100.00 01-Jan-2005 98,000.00 97,636.05 Summary 0404196173 CA 80.00 01-Jul-2004 81,612.00 81,212.06 Summary 0406044537 CA 100.00 01-Aug-2004 67,400.00 66,938.47 Summary 0406143721 CA 100.00 01-Aug-2004 86,000.00 85,687.13 Summary 0406291001 CA 100.00 01-Sep-2004 52,000.00 51,785.51 Summary 0407079142 CA 90.00 01-Sep-2004 76,800.00 76,269.66 Summary 0511031931 AZ 100.00 01-Dec-2004 34,800.00 34,712.90 Summary 0511031968 NV 99.66 01-Dec-2004 47,200.00 47,081.83 Summary 0511032540 CA 84.99 01-Jan-2005 43,900.00 43,699.93 Summary 0521020630 WI 100.00 01-Dec-2004 24,000.00 23,938.35 Summary 0521021399 IL 100.00 01-Jan-2005 30,000.00 29,871.12 Summary 0591853922 CA 100.00 01-Aug-2004 70,000.00 69,606.76 Summary 0594118922 CA 100.00 01-Jan-2005 84,000.00 83,730.45 Summary 0594381965 CA 100.00 01-Dec-2004 36,400.00 36,261.28 Summary 0594571922 NV 95.00 01-Jan-2005 45,900.00 45,720.08 Summary 0594789965 CA 100.00 01-Jan-2005 50,200.00 50,038.91 Summary 0594967965 CA 100.00 01-Jan-2005 122,000.00 121,521.84 Summary 0595137965 CA 100.00 01-Jan-2005 60,000.00 59,764.82 Summary 0595293965 CA 100.00 01-Jan-2005 116,300.00 115,926.75 Summary 0595310965 CA 100.00 01-Jan-2005 72,396.00 72,080.80 Summary 0611013083 NY 100.00 01-Jan-2005 61,000.00 60,779.22 Summary 0631005106 CA 100.00 01-Jan-2005 44,000.00 43,852.74 Summary 0661002622 CA 100.00 01-Dec-2004 44,600.00 44,475.54 Summary 0661003340 CA 100.00 01-Jan-2005 71,000.00 69,260.56 Summary 0671001621 CA 100.00 01-Dec-2004 31,900.00 31,756.93 Summary 0671001701 CA 100.00 01-Dec-2004 115,000.00 114,602.44 Summary 0681002782 ME 100.00 01-Jan-2005 19,700.00 19,649.44 Summary 0681003246 ME 99.93 01-Jan-2005 17,920.00 17,863.11 Summary 0691000699 MD 100.00 01-Nov-2004 30,560.00 30,532.25 Summary 0691001436 MD 100.00 01-Dec-2004 27,000.00 26,858.94 Summary 0691001445 VA 100.00 01-Jan-2005 97,000.00 96,675.40 Summary 0693538619 UT 100.00 01-Jan-2005 34,714.00 34,591.55 Summary 0721005109 AZ 100.00 01-Jan-2005 54,500.00 54,251.67 Summary 0721005340 AZ 100.00 01-Jan-2005 30,000.00 29,882.66 Summary 0781001288 NJ 99.57 01-Jan-2005 45,000.00 44,845.38 Summary 0841001385 MI 100.00 01-Dec-2004 20,564.00 20,471.78 Summary 1000177458 CA 100.00 01-Aug-2004 68,400.00 68,091.37 Summary 1000181265 AZ 100.00 01-Aug-2004 38,000.00 37,512.96 Summary 1000184044 AZ 100.00 01-Sep-2004 34,200.00 33,744.31 Summary 1000189394 AZ 100.00 01-Oct-2004 26,800.00 26,497.43 Summary 1000189771 CA 95.00 01-Oct-2004 22,000.00 21,538.82 Summary 1000190556 CA 95.00 01-Oct-2004 65,915.00 65,682.79 Summary 1000192448 AZ 100.00 01-Oct-2004 33,372.00 33,260.51 Summary 1000193014 CA 95.00 01-Oct-2004 12,495.00 11,910.89 Summary 1000193502 VA 100.00 01-Oct-2004 54,854.00 54,599.13 Summary 1000217939 CA 95.00 01-Mar-2005 93,750.00 93,483.28 Summary 1000218908 CA 100.00 01-Mar-2005 99,000.00 98,776.84 Summary 1000218956 CA 95.00 01-Mar-2005 17,864.00 17,644.67 Summary 1000218995 CA 95.00 01-Mar-2005 8,925.00 8,718.47 Summary 1000220787 CA 95.00 01-Mar-2005 13,600.00 13,285.31 Summary 1000221898 VA 100.00 01-Mar-2005 30,200.00 30,109.10 Summary 1000222556 AZ 100.00 01-Mar-2005 41,600.00 41,501.35 Summary 1000222681 NV 94.86 01-Mar-2005 9,000.00 8,455.49 Summary 1000322288 CA 100.00 01-Jan-2005 75,000.00 74,769.20 Summary 1000324897 CA 100.00 01-Feb-2005 46,400.00 46,284.21 Summary 1000383207 AZ 100.00 01-Feb-2005 32,000.00 31,915.97 Summary 1418383317 IL 100.00 01-Jan-2005 48,300.00 48,144.98 Summary 1418466317 MI 100.00 01-Jan-2005 99,000.00 98,612.00 Summary 1496811317 IL 100.00 01-Jan-2005 91,000.00 90,643.33 Summary 1584199913 CA 100.00 01-Jan-2005 71,000.00 70,721.71 Summary 1584373913 CA 100.00 01-Dec-2004 81,000.00 80,701.66 Summary 1584476913 CA 100.00 01-Jan-2005 73,000.00 72,681.61 Summary 1584509913 CA 100.00 01-Jan-2005 52,200.00 51,995.44 Summary 1584596913 CA 100.00 01-Jan-2005 28,000.00 27,890.22 Summary 1584599913 CA 100.00 01-Jan-2005 79,000.00 78,688.49 Summary 2184482112 MD 100.00 01-Dec-2004 153,631.00 152,937.33 Summary 2184496112 MD 100.00 01-Jan-2005 75,600.00 75,303.68 Summary 2184597112 MD 99.98 01-Jan-2005 54,950.00 54,734.63 Summary 3058405891 RI 100.00 01-Jan-2005 40,000.00 39,882.71 Summary 3076403270 IL 100.00 01-Feb-2005 18,600.00 18,562.48 Summary 3084991772 NJ 90.00 01-Jan-2005 36,700.00 36,582.18 Summary 3085407772 NJ 92.08 01-Jan-2005 31,500.00 31,376.57 Summary 4041200254 IL 99.93 01-Jul-2004 16,000.00 15,765.23 Summary 4042200443 AZ 94.95 01-Jul-2004 28,826.00 28,435.91 Summary 4050300274 IA 99.94 01-Jul-2004 15,700.00 15,487.64 Summary 4050600210 MI 100.00 01-Aug-2004 26,600.00 26,253.70 Summary 4051000163 MI 99.89 01-Aug-2004 30,400.00 30,022.26 Summary 4060300108 OK 100.00 01-Aug-2004 17,700.00 17,480.06 Summary 4070200677 AZ 100.00 01-Oct-2004 40,400.00 40,216.38 Summary 4071900379 OH 99.91 01-Oct-2004 13,600.00 13,446.28 Summary 4080200166 AZ 99.99 01-Nov-2004 38,112.00 37,640.68 Summary 4083000923 CA 100.00 01-Nov-2004 57,000.00 56,327.24 Summary 4090800409 OH 99.93 01-Nov-2004 22,000.00 21,731.81 Summary 4091300128 MO 100.00 01-Dec-2004 29,700.00 29,425.20 Summary 4091500033 OH 100.00 01-Dec-2004 23,758.40 23,538.64 Summary 4091600021 OH 99.93 01-Nov-2004 43,050.00 42,559.68 Summary 4091700077 WI 100.00 01-Dec-2004 32,000.00 31,673.85 Summary 4092000341 MI 100.00 01-Dec-2004 16,800.00 16,628.84 Summary 4092001039 CO 95.00 01-Dec-2004 21,900.00 21,646.70 Summary 4092400055 MI 99.91 01-Dec-2004 19,425.00 18,851.38 Summary 4092400383 IL 100.00 01-Dec-2004 68,500.00 67,779.25 Summary 4092900831 AZ 100.00 01-Dec-2004 24,780.00 24,550.72 Summary 4093000292 CO 100.00 01-Dec-2004 47,800.00 47,296.87 Summary 4100400547 OH 99.93 01-Dec-2004 27,000.00 26,734.54 Summary 4101100194 WA 95.00 01-Jan-2005 40,245.00 40,146.95 Summary 4101300435 IL 95.00 01-Jan-2005 39,000.00 38,350.66 Summary 4101400979 CA 95.00 01-Jan-2005 12,100.00 11,996.00 Summary 4101500368 WA 100.00 01-Jan-2005 60,505.00 60,017.51 Summary 4101500880 AZ 100.00 01-Jan-2005 39,822.00 39,713.52 Summary 4101800154 AZ 100.00 01-Dec-2004 65,000.00 26,566.75 Summary 4101900676 WA 100.00 01-Jan-2005 32,500.00 32,222.74 Summary 4102501320 IL 100.00 01-Jan-2005 85,600.00 84,101.96 Summary 4102601166 CA 100.00 01-Jan-2005 87,500.00 86,743.11 Summary 4102800136 IN 99.94 01-Dec-2004 19,200.00 19,012.01 Summary 4102801266 CO 100.00 01-Jan-2005 32,380.00 32,119.09 Summary 4102900795 OH 99.92 01-Jan-2005 39,200.00 38,865.57 Summary 4110100699 IL 100.00 01-Jan-2005 70,000.00 69,402.86 Summary 4110101311 CA 100.00 01-Jan-2005 37,600.00 37,479.72 Summary 4110200585 IL 100.00 01-Jan-2005 23,180.00 22,967.52 Summary 4110300040 OH 100.00 01-Jan-2005 21,000.00 20,403.53 Summary 4110901095 WA 100.00 01-Jan-2005 42,200.00 42,086.95 Summary 4111501374 OK 100.00 01-Jan-2005 77,000.00 76,370.01 Summary 4111601022 MO 94.94 01-Jan-2005 15,000.00 14,879.10 Summary 4112100010 MI 100.00 01-Jan-2005 17,400.00 17,251.56 Summary 4112301125 CA 100.00 01-Feb-2005 65,800.00 65,632.65 Summary 4120701274 TX 100.00 01-Mar-2005 16,000.00 15,896.11 Summary 4120801137 CA 95.00 01-Feb-2005 18,500.00 18,384.82 Summary 4121300187 AZ 94.94 01-Mar-2005 11,780.00 11,710.62 Summary 4121300360 MI 100.00 01-Mar-2005 15,400.00 15,309.30 Summary 4121400941 UT 100.00 01-Feb-2005 32,400.00 32,146.48 Summary 4121601036 CA 94.92 01-Feb-2005 16,525.00 16,368.73 Summary 4121700246 TX 99.94 01-Feb-2005 30,170.00 29,950.36 Summary 4122200773 AZ 100.00 01-Mar-2005 42,400.00 42,143.98 Summary 4353339426 VA 100.00 01-Jan-2005 33,100.00 32,993.74 Summary 4353491426 FL 100.00 01-Jan-2005 36,150.00 36,008.28 Summary 4353602426 AZ 98.46 01-Jan-2005 48,000.00 47,811.84 Summary 5000102132 OH 100.00 01-Aug-2004 13,500.00 13,326.89 Summary 5000107317 MO 85.00 01-Sep-2004 7,900.00 7,444.88 Summary 5000107369 IL 100.00 01-Sep-2004 46,000.00 45,479.44 Summary 5000110105 FL 100.00 01-Oct-2004 28,000.00 27,903.13 Summary 5000111577 WI 95.00 01-Oct-2004 5,950.00 5,671.51 Summary 5000130672 MI 100.00 01-Mar-2005 41,000.00 40,907.55 Summary 5000130699 IL 95.00 01-Mar-2005 14,250.00 13,924.88 Summary 5010300732 CA 100.00 01-Apr-2005 71,000.00 70,655.89 Summary 5011200658 UT 100.00 01-Mar-2005 65,900.00 65,502.06 Summary 5011301197 IL 95.00 01-Mar-2005 73,500.00 73,022.83 Summary 5240406940 CA 90.00 01-Jan-2005 44,500.00 44,338.95 Summary 5240407254 CA 100.00 01-Jan-2005 108,800.00 108,454.53 Summary 5240407523 CA 100.00 01-Jan-2005 112,200.00 111,843.34 Summary 5243406170 CA 100.00 01-Dec-2004 85,000.00 84,706.14 Summary 5243406184 CA 100.00 01-Jan-2005 92,400.00 92,121.71 Summary 5243406416 CA 100.00 01-Jan-2005 102,400.00 102,074.88 Summary 5243406565 CA 100.00 01-Jan-2005 92,100.00 91,765.12 Summary 5243406826 AZ 100.00 01-Jan-2005 26,000.00 25,927.68 Summary 5243407103 CA 100.00 01-Jan-2005 73,000.00 72,754.86 Summary 5267400061 AZ 100.00 01-Jan-2005 24,600.00 24,437.31 Summary 6000000445 GA 100.00 01-Oct-2004 28,990.00 27,653.26 Summary 6000109884 MD 95.00 01-Sep-2004 22,500.00 22,002.23 Summary 6000110221 FL 100.00 01-Sep-2004 47,800.00 47,641.77 Summary 6000111934 VA 100.00 01-Oct-2004 17,750.00 17,343.08 Summary 6000134515 RI 100.00 01-Mar-2005 16,200.00 16,012.19 Summary 6000135141 FL 100.00 01-Mar-2005 115,280.00 114,698.14 Summary 6000135586 NC 100.00 01-Mar-2005 30,100.00 30,016.51 Summary 6000135846 FL 95.00 01-Mar-2005 22,000.00 21,764.64 Summary 6000136659 FL 100.00 01-Mar-2005 95,820.00 95,616.69 Summary 7000100785 CA 100.00 01-Jul-2004 48,000.00 47,201.04 Summary 7000101443 CA 100.00 01-Jun-2004 70,500.00 70,105.88 Summary 7000110254 CA 95.00 01-Sep-2004 20,241.00 19,771.88 Summary 7000110913 VA 100.00 01-Sep-2004 63,000.00 62,790.93 Summary 7000112058 CA 100.00 01-Sep-2004 70,800.00 70,380.24 Summary 7000112064 CA 95.00 01-Sep-2004 13,850.00 13,045.75 Summary 7000112334 CA 100.00 01-Oct-2004 27,900.00 27,806.82 Summary 7000112887 VA 100.00 01-Sep-2004 39,000.00 38,863.73 Summary 7000121251 CA 100.00 01-Jan-2005 35,900.00 35,805.35 Summary 7000125794 CA 100.00 01-Jan-2005 82,400.00 82,145.52 Summary 7000131156 CA 100.00 01-Mar-2005 94,000.00 93,285.61 Summary 7000131200 CA 95.00 01-Mar-2005 12,650.00 12,367.06 Summary 7000131344 NH 100.00 01-Mar-2005 51,980.00 51,877.65 Summary 7000133815 MD 100.00 01-Mar-2005 61,000.00 60,615.89 Summary 7073236304 TX 80.00 01-Apr-1998 20,000.00 13,279.82 Summary 7073456076 TX 42.68 01-Aug-1998 50,000.00 46,362.12 Summary 7074196648 TX 44.15 01-Nov-1999 20,000.00 1,066.59 Summary 7076085567 TX 31.09 01-Aug-2001 152,000.00 147,443.73 Summary 7076522361 TX 51.84 01-Feb-2003 246,500.00 241,132.69 Summary 8000018845 MA 100.00 01-Sep-2004 61,800.00 61,616.46 Summary 8000032258 NY 100.00 01-Mar-2005 76,200.00 76,065.31 Summary 8084783179 AZ 100.00 01-Jan-2005 45,000.00 44,823.64 Summary 9080879678 WA 100.00 01-Jan-2005 41,200.00 41,067.78 Summary 9091170278 CA 100.00 01-Jan-2005 93,735.00 93,434.15 Summary 9091239278 CA 100.00 01-Jan-2005 45,500.00 45,321.67 Summary 9091290278 CA 90.00 01-Jan-2005 32,000.00 31,864.14 Summary 9091655278 CA 95.00 01-Jan-2005 62,250.00 62,006.05 Summary 9091669278 CA 100.00 01-Jan-2005 65,000.00 64,743.85 Summary 9102126056 MI 100.00 01-Apr-2005 22,440.00 22,366.23 Summary 9102146305 MI 100.00 01-Mar-2005 60,000.00 59,878.39 Summary 9102149027 MI 95.00 01-Apr-2005 41,985.00 41,924.15 Summary 9102149368 MD 100.00 01-Mar-2005 62,000.00 61,859.87 Summary 9102160313 MI 100.00 01-May-2005 30,870.00 30,846.01 Summary 9202140221 MO 100.00 01-Feb-2005 32,400.00 32,354.20 Summary 9222158021 TN 100.00 01-May-2005 23,000.00 22,853.67 Summary 9522137645 AZ 100.00 01-Feb-2005 26,808.00 26,727.14 Summary 9602131792 AZ 100.00 01-Jan-2005 33,800.00 33,713.09 Summary 9602133950 AZ 100.00 01-Feb-2005 111,000.00 110,756.50 Summary 9602137550 CO 100.00 01-Feb-2005 35,200.00 35,118.64 Summary 9602140425 AZ 100.00 01-Feb-2005 60,000.00 59,837.04 Summary 9602140850 AZ 100.00 01-Feb-2005 26,200.00 26,142.53 Summary 9602141146 AZ 100.00 01-Feb-2005 27,400.00 27,339.89 Summary 9602147144 CA 100.00 01-Mar-2005 52,000.00 51,923.94 Summary 9602148010 AZ 100.00 01-Mar-2005 16,000.00 15,898.43 Summary 9602148523 AZ 100.00 01-Apr-2005 30,000.00 29,968.62 Summary 9602149276 AZ 100.00 01-Apr-2005 98,000.00 97,857.98 Summary 9602151283 AZ 100.00 01-Apr-2005 24,000.00 23,974.98 Summary 9802134379 MD 100.00 01-Feb-2005 33,000.00 32,544.13 Summary 9802140006 MD 100.00 01-Mar-2005 30,400.00 30,360.19 Summary 9802143969 OH 100.00 01-Mar-2005 14,600.00 14,580.85 Summary 9802149995 NC 100.00 01-May-2005 17,900.00 17,880.64 Summary 9802153590 OH 100.00 01-Apr-2005 22,100.00 22,076.95 Summary 9802160354 VA 100.00 01-May-2005 117,069.00 116,955.41

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Summary 0000015923 Loan Paid in Full 0 10.900% 180 6 Summary 0000018370 Loan Paid in Full 0 10.500% 180 4 Summary 0000226489 Loan Paid in Full 0 11.240% 180 10 Summary 0000226699 Loan Paid in Full 0 10.240% 180 9 Summary 0000227132 Loan Paid in Full 0 10.240% 180 9 Summary 0000227425 Loan Paid in Full 0 11.240% 180 8 Summary 0000306984 Loan Paid in Full 0 10.500% 180 10 Summary 0000448441 Loan Paid in Full 0 11.150% 180 8 Summary 0000451512 Loan Paid in Full 0 10.400% 180 8 Summary 0000451938 Loan Paid in Full 0 11.990% 180 8 Summary 0000666809 Loan Paid in Full 0 11.640% 240 8 Summary 0000680492 Loan Paid in Full 0 9.750% 180 7 Summary 000W460386 Loan Paid in Full 0 11.000% 180 11 Summary 000W470006 Loan Paid in Full 0 10.750% 360 10 Summary 0021059673 Loan Paid in Full 0 10.125% 360 6 Summary 0021060222 Loan Paid in Full 0 9.990% 360 7 Summary 0031030182 Loan Paid in Full 0 11.000% 360 6 Summary 0031030270 Loan Paid in Full 0 11.000% 360 6 Summary 0031030400 Loan Paid in Full 0 9.750% 360 6 Summary 0031030467 Loan Paid in Full 0 9.750% 360 6 Summary 0031030670 Loan Paid in Full 0 10.240% 360 6 Summary 0040375690 Loan Paid in Full 0 8.000% 180 13 Summary 0040435040 Loan Paid in Full 0 8.000% 240 13 Summary 0040502460 Loan Paid in Full 0 8.250% 180 11 Summary 0040504220 Loan Paid in Full 0 8.250% 180 11 Summary 0040557440 Loan Paid in Full 0 8.600% 180 11 Summary 0040768870 Loan Paid in Full 0 10.050% 180 10 Summary 0040829110 Loan Paid in Full 0 9.400% 180 7 Summary 0040833160 Loan Paid in Full 0 12.700% 180 8 Summary 0040860840 Loan Paid in Full 0 10.750% 180 8 Summary 0040861830 Loan Paid in Full 0 11.500% 180 8 Summary 0040862190 Loan Paid in Full 0 10.990% 180 8 Summary 0040869500 Loan Paid in Full 0 8.850% 180 9 Summary 0040872220 Loan Paid in Full 0 9.900% 180 9 Summary 0040874420 Loan Paid in Full 0 10.250% 180 9 Summary 0040898270 Loan Paid in Full 0 10.050% 180 10 Summary 0040914390 Loan Paid in Full 0 9.790% 180 8 Summary 0040924850 Loan Paid in Full 0 10.200% 240 8 Summary 0040925780 Loan Paid in Full 0 9.650% 240 8 Summary 0040930430 Loan Paid in Full 0 9.390% 180 8 Summary 0040937360 Loan Paid in Full 0 9.000% 180 8 Summary 0040939100 Loan Paid in Full 0 10.290% 180 8 Summary 0040944000 Loan Paid in Full 0 10.940% 180 8 Summary 0040952960 Loan Paid in Full 0 10.640% 180 7 Summary 0040960130 Loan Paid in Full 0 9.190% 180 7 Summary 0040964190 Loan Paid in Full 0 10.500% 180 8 Summary 0040966200 Loan Paid in Full 0 11.190% 180 8 Summary 0040980040 Loan Paid in Full 0 10.190% 180 8 Summary 0040981850 Loan Paid in Full 0 10.650% 180 8 Summary 0041008010 Loan Paid in Full 0 9.590% 240 7 Summary 0041027050 Loan Paid in Full 0 9.140% 240 7 Summary 0041032750 Loan Paid in Full 0 10.190% 180 8 Summary 0041037680 Loan Paid in Full 0 9.940% 180 7 Summary 0041038710 Loan Paid in Full 0 10.990% 180 6 Summary 0041046630 Loan Paid in Full 0 9.500% 180 7 Summary 0041047010 Loan Paid in Full 0 10.250% 180 6 Summary 0041069890 Loan Paid in Full 0 10.940% 180 7 Summary 0041073920 Loan Paid in Full 0 8.990% 180 7 Summary 0041074390 Loan Paid in Full 0 10.990% 180 7 Summary 0041077900 Loan Paid in Full 0 9.500% 180 6 Summary 0041078230 Loan Paid in Full 0 11.440% 180 7 Summary 0041080510 Loan Paid in Full 0 9.940% 180 7 Summary 0041081000 Loan Paid in Full 0 10.390% 180 6 Summary 0041090390 Loan Paid in Full 0 10.190% 180 7 Summary 0041151080 Loan Paid in Full 0 9.990% 180 6 Summary 0041157390 Loan Paid in Full 0 10.240% 180 7 Summary 0041160760 Loan Paid in Full 0 9.740% 240 6 Summary 0041182540 Loan Paid in Full 0 8.790% 180 6 Summary 0041182650 Loan Paid in Full 0 9.990% 180 6 Summary 0041198200 Loan Paid in Full 0 9.690% 180 7 Summary 0050000079 Loan Paid in Full 0 9.500% 180 8 Summary 0050000875 Loan Paid in Full 0 9.500% 180 7 Summary 0050000920 Loan Paid in Full 0 9.950% 180 7 Summary 0050001162 Loan Paid in Full 0 9.450% 180 7 Summary 0050001343 Loan Paid in Full 0 10.200% 180 7 Summary 0050001450 Loan Paid in Full 0 9.500% 180 7 Summary 0050001472 Loan Paid in Full 0 9.450% 180 7 Summary 0050001522 Loan Paid in Full 0 9.750% 180 7 Summary 0050001838 Loan Paid in Full 0 9.950% 180 7 Summary 0050001870 Loan Paid in Full 0 11.200% 180 7 Summary 0050002109 Loan Paid in Full 0 8.150% 180 7 Summary 0050002349 Loan Paid in Full 0 10.550% 180 6 Summary 0050005541 Loan Paid in Full 0 11.250% 180 3 Summary 0050007523 Loan Paid in Full 0 10.450% 180 2 Summary 0050007722 Loan Paid in Full 0 9.700% 180 2 Summary 0051054537 Loan Paid in Full 0 8.250% 360 6 Summary 0051054851 Loan Paid in Full 0 10.000% 360 6 Summary 0071062530 Loan Paid in Full 0 10.375% 360 6 Summary 0080013202 Loan Paid in Full 0 9.990% 180 8 Summary 0080013378 Loan Paid in Full 0 10.990% 180 7 Summary 0080014107 Loan Paid in Full 0 10.990% 180 8 Summary 0080014158 Loan Paid in Full 0 10.990% 180 7 Summary 0080014460 Loan Paid in Full 0 9.990% 180 7 Summary 0080014523 Loan Paid in Full 0 9.990% 180 7 Summary 0080014649 Loan Paid in Full 0 9.990% 180 7 Summary 0080016248 Loan Paid in Full 0 9.990% 180 7 Summary 0080017605 Loan Paid in Full 0 9.990% 180 6 Summary 0080018623 Loan Paid in Full 0 10.990% 180 5 Summary 0080019316 Loan Paid in Full 0 9.990% 180 5 Summary 0080019614 Loan Paid in Full 0 9.990% 180 5 Summary 0080019695 Loan Paid in Full 0 8.990% 180 4 Summary 0081052145 Loan Paid in Full 0 9.250% 360 6 Summary 0121035990 Loan Paid in Full 0 9.375% 360 7 Summary 0131029045 Loan Paid in Full 0 9.750% 360 7 Summary 0161037667 Loan Paid in Full 0 9.000% 360 7 Summary 0161038084 Loan Paid in Full 0 10.500% 360 6 Summary 0161038474 Loan Paid in Full 0 9.625% 360 6 Summary 0171022709 Loan Paid in Full 0 11.250% 360 7 Summary 0171022772 Loan Paid in Full 0 11.500% 360 7 Summary 0171023035 Loan Paid in Full 0 9.375% 360 6 Summary 0171023207 Loan Paid in Full 0 9.000% 360 6 Summary 0171023250 Loan Paid in Full 0 8.000% 360 6 Summary 0191021592 Loan Paid in Full 0 11.500% 360 7 Summary 0231048774 Loan Paid in Full 0 11.500% 360 13 Summary 0231058064 Loan Paid in Full 0 11.500% 360 6 Summary 0231059212 Loan Paid in Full 0 9.375% 240 6 Summary 0231059813 Loan Paid in Full 0 8.750% 360 6 Summary 0321021586 Loan Paid in Full 0 10.375% 360 7 Summary 0321021891 Loan Paid in Full 0 8.000% 360 6 Summary 0321022255 Loan Paid in Full 0 8.250% 360 6 Summary 0341020966 Loan Paid in Full 0 8.000% 360 6 Summary 0341021025 Loan Paid in Full 0 9.000% 360 6 Summary 0361022060 Loan Paid in Full 0 11.000% 360 6 Summary 0371022540 Loan Paid in Full 0 10.375% 360 6 Summary 0371022957 Loan Paid in Full 0 8.750% 360 5 Summary 0381017812 Loan Paid in Full 0 9.250% 360 6 Summary 0404196173 Loan Paid in Full 0 10.999% 180 12 Summary 0406044537 Loan Paid in Full 0 8.990% 180 11 Summary 0406143721 Loan Paid in Full 0 11.990% 180 11 Summary 0406291001 Loan Paid in Full 0 10.990% 180 10 Summary 0407079142 Loan Paid in Full 0 8.500% 180 10 Summary 0511031931 Loan Paid in Full 0 11.750% 360 7 Summary 0511031968 Loan Paid in Full 0 11.750% 360 7 Summary 0511032540 Loan Paid in Full 0 8.250% 360 6 Summary 0521020630 Loan Paid in Full 0 11.750% 360 7 Summary 0521021399 Loan Paid in Full 0 10.500% 360 6 Summary 0591853922 Loan Paid in Full 0 9.950% 180 11 Summary 0594118922 Loan Paid in Full 0 9.950% 180 6 Summary 0594381965 Loan Paid in Full 0 9.950% 180 7 Summary 0594571922 Loan Paid in Full 0 8.990% 180 6 Summary 0594789965 Loan Paid in Full 0 9.950% 180 6 Summary 0594967965 Loan Paid in Full 0 8.990% 180 6 Summary 0595137965 Loan Paid in Full 0 8.990% 180 6 Summary 0595293965 Loan Paid in Full 0 9.950% 180 6 Summary 0595310965 Loan Paid in Full 0 8.990% 180 6 Summary 0611013083 Loan Paid in Full 0 9.375% 360 6 Summary 0631005106 Loan Paid in Full 0 9.750% 360 6 Summary 0661002622 Loan Paid in Full 0 11.250% 360 7 Summary 0661003340 Loan Paid in Full 0 10.000% 360 6 Summary 0671001621 Loan Paid in Full 0 9.000% 360 7 Summary 0671001701 Loan Paid in Full 0 10.250% 360 7 Summary 0681002782 Loan Paid in Full 0 11.000% 360 6 Summary 0681003246 Loan Paid in Full 0 10.000% 360 6 Summary 0691000699 Loan Paid in Full 0 11.990% 360 8 Summary 0691001436 Loan Paid in Full 0 8.250% 360 7 Summary 0691001445 Loan Paid in Full 0 9.750% 360 6 Summary 0693538619 Loan Paid in Full 0 9.500% 180 6 Summary 0721005109 Loan Paid in Full 0 8.250% 360 6 Summary 0721005340 Loan Paid in Full 0 9.000% 360 6 Summary 0781001288 Loan Paid in Full 0 9.625% 360 6 Summary 0841001385 Loan Paid in Full 0 9.000% 360 7 Summary 1000177458 Loan Paid in Full 0 10.990% 360 11 Summary 1000181265 Loan Paid in Full 0 12.000% 240 11 Summary 1000184044 Loan Paid in Full 0 10.990% 240 10 Summary 1000189394 Loan Paid in Full 0 11.500% 240 9 Summary 1000189771 Loan Paid in Full 0 11.990% 180 9 Summary 1000190556 Loan Paid in Full 0 11.250% 360 9 Summary 1000192448 Loan Paid in Full 0 11.990% 360 9 Summary 1000193014 Loan Paid in Full 0 11.500% 120 9 Summary 1000193502 Loan Paid in Full 0 10.750% 360 9 Summary 1000217939 Loan Paid in Full 0 8.875% 360 4 Summary 1000218908 Loan Paid in Full 0 9.990% 360 4 Summary 1000218956 Loan Paid in Full 0 9.990% 180 4 Summary 1000218995 Loan Paid in Full 0 11.250% 120 4 Summary 1000220787 Loan Paid in Full 0 11.250% 120 4 Summary 1000221898 Loan Paid in Full 0 9.000% 360 4 Summary 1000222556 Loan Paid in Full 0 9.750% 360 4 Summary 1000222681 Loan Paid in Full 0 13.250% 60 4 Summary 1000322288 Loan Paid in Full 0 10.150% 180 6 Summary 1000324897 Loan Paid in Full 0 10.390% 180 5 Summary 1000383207 Loan Paid in Full 0 10.150% 180 5 Summary 1418383317 Loan Paid in Full 0 9.950% 180 6 Summary 1418466317 Loan Paid in Full 0 8.990% 180 6 Summary 1496811317 Loan Paid in Full 0 8.990% 180 6 Summary 1584199913 Loan Paid in Full 0 8.990% 180 6 Summary 1584373913 Loan Paid in Full 0 9.950% 180 7 Summary 1584476913 Loan Paid in Full 0 8.990% 180 6 Summary 1584509913 Loan Paid in Full 0 8.990% 180 6 Summary 1584596913 Loan Paid in Full 0 8.990% 180 6 Summary 1584599913 Loan Paid in Full 0 8.990% 180 6 Summary 2184482112 Loan Paid in Full 0 8.990% 180 7 Summary 2184496112 Loan Paid in Full 0 8.990% 180 6 Summary 2184597112 Loan Paid in Full 0 8.990% 180 6 Summary 3058405891 Loan Paid in Full 0 10.375% 180 6 Summary 3076403270 Loan Paid in Full 0 11.375% 360 5 Summary 3084991772 Loan Paid in Full 0 9.950% 180 6 Summary 3085407772 Loan Paid in Full 0 8.990% 180 6 Summary 4041200254 Loan Paid in Full 0 11.990% 240 12 Summary 4042200443 Loan Paid in Full 0 12.240% 240 12 Summary 4050300274 Loan Paid in Full 0 12.240% 240 12 Summary 4050600210 Loan Paid in Full 0 12.240% 240 11 Summary 4051000163 Loan Paid in Full 0 12.240% 240 11 Summary 4060300108 Loan Paid in Full 0 12.240% 240 11 Summary 4070200677 Loan Paid in Full 0 10.050% 180 9 Summary 4071900379 Loan Paid in Full 0 11.490% 240 9 Summary 4080200166 Loan Paid in Full 0 10.800% 240 8 Summary 4083000923 Loan Paid in Full 0 10.300% 240 8 Summary 4090800409 Loan Paid in Full 0 10.240% 240 8 Summary 4091300128 Loan Paid in Full 0 11.240% 240 7 Summary 4091500033 Loan Paid in Full 0 11.240% 240 7 Summary 4091600021 Loan Paid in Full 0 10.800% 240 8 Summary 4091700077 Loan Paid in Full 0 10.490% 240 7 Summary 4092000341 Loan Paid in Full 0 10.490% 240 7 Summary 4092001039 Loan Paid in Full 0 9.490% 240 7 Summary 4092400055 Loan Paid in Full 0 10.240% 240 7 Summary 4092400383 Loan Paid in Full 0 10.240% 240 7 Summary 4092900831 Loan Paid in Full 0 11.240% 240 7 Summary 4093000292 Loan Paid in Full 0 10.490% 240 7 Summary 4100400547 Loan Paid in Full 0 10.800% 240 7 Summary 4101100194 Loan Paid in Full 0 11.240% 180 6 Summary 4101300435 Loan Paid in Full 0 10.800% 240 6 Summary 4101400979 Loan Paid in Full 0 10.740% 240 6 Summary 4101500368 Loan Paid in Full 0 11.240% 240 6 Summary 4101500880 Loan Paid in Full 0 10.800% 180 6 Summary 4101800154 Loan Paid in Full 0 10.240% 180 7 Summary 4101900676 Loan Paid in Full 0 10.800% 240 6 Summary 4102501320 Loan Paid in Full 0 10.240% 180 6 Summary 4102601166 Loan Paid in Full 0 10.740% 240 6 Summary 4102800136 Loan Paid in Full 0 10.800% 240 7 Summary 4102801266 Loan Paid in Full 0 11.240% 240 6 Summary 4102900795 Loan Paid in Full 0 10.800% 240 6 Summary 4110100699 Loan Paid in Full 0 10.800% 240 6 Summary 4110101311 Loan Paid in Full 0 9.990% 180 6 Summary 4110200585 Loan Paid in Full 0 10.240% 240 6 Summary 4110300040 Loan Paid in Full 0 10.240% 240 6 Summary 4110901095 Loan Paid in Full 0 10.800% 180 6 Summary 4111501374 Loan Paid in Full 0 11.240% 240 6 Summary 4111601022 Loan Paid in Full 0 11.240% 240 6 Summary 4112100010 Loan Paid in Full 0 10.800% 240 6 Summary 4112301125 Loan Paid in Full 0 10.300% 180 5 Summary 4120701274 Loan Paid in Full 0 10.240% 240 4 Summary 4120801137 Loan Paid in Full 0 11.990% 240 5 Summary 4121300187 Loan Paid in Full 0 10.990% 240 4 Summary 4121300360 Loan Paid in Full 0 10.990% 240 4 Summary 4121400941 Loan Paid in Full 0 10.240% 240 5 Summary 4121601036 Loan Paid in Full 0 8.740% 240 5 Summary 4121700246 Loan Paid in Full 0 10.800% 240 5 Summary 4122200773 Loan Paid in Full 0 10.800% 240 4 Summary 4353339426 Loan Paid in Full 0 9.950% 180 6 Summary 4353491426 Loan Paid in Full 0 8.990% 180 6 Summary 4353602426 Loan Paid in Full 0 8.990% 180 6 Summary 5000102132 Loan Paid in Full 0 12.000% 240 11 Summary 5000107317 Loan Paid in Full 0 12.250% 120 10 Summary 5000107369 Loan Paid in Full 0 12.250% 240 10 Summary 5000110105 Loan Paid in Full 0 12.000% 360 9 Summary 5000111577 Loan Paid in Full 0 12.250% 120 9 Summary 5000130672 Loan Paid in Full 0 9.990% 360 4 Summary 5000130699 Loan Paid in Full 0 11.500% 120 4 Summary 5010300732 Loan Paid in Full 0 10.740% 240 3 Summary 5011200658 Loan Paid in Full 0 10.800% 240 4 Summary 5011301197 Loan Paid in Full 0 10.240% 240 4 Summary 5240406940 Loan Paid in Full 0 9.375% 360 6 Summary 5240407254 Loan Paid in Full 0 10.000% 360 6 Summary 5240407523 Loan Paid in Full 0 10.000% 360 6 Summary 5243406170 Loan Paid in Full 0 10.250% 360 7 Summary 5243406184 Loan Paid in Full 0 10.250% 360 6 Summary 5243406416 Loan Paid in Full 0 10.000% 360 6 Summary 5243406565 Loan Paid in Full 0 10.000% 360 6 Summary 5243406826 Loan Paid in Full 0 10.625% 360 6 Summary 5243407103 Loan Paid in Full 0 9.750% 360 6 Summary 5267400061 Loan Paid in Full 0 10.625% 360 6 Summary 6000000445 Loan Paid in Full 0 11.750% 120 9 Summary 6000109884 Loan Paid in Full 0 12.500% 180 10 Summary 6000110221 Loan Paid in Full 0 12.000% 360 10 Summary 6000111934 Loan Paid in Full 0 11.000% 180 9 Summary 6000134515 Loan Paid in Full 0 10.625% 180 4 Summary 6000135141 Loan Paid in Full 0 8.875% 360 4 Summary 6000135586 Loan Paid in Full 0 9.000% 360 4 Summary 6000135846 Loan Paid in Full 0 11.500% 180 4 Summary 6000136659 Loan Paid in Full 0 10.275% 360 4 Summary 7000100785 Loan Paid in Full 0 10.625% 240 12 Summary 7000101443 Loan Paid in Full 0 10.750% 360 13 Summary 7000110254 Loan Paid in Full 0 11.990% 180 10 Summary 7000110913 Loan Paid in Full 0 11.990% 360 10 Summary 7000112058 Loan Paid in Full 0 9.250% 360 10 Summary 7000112064 Loan Paid in Full 0 12.000% 120 10 Summary 7000112334 Loan Paid in Full 0 11.500% 360 9 Summary 7000112887 Loan Paid in Full 0 11.750% 360 10 Summary 7000121251 Loan Paid in Full 0 10.875% 360 6 Summary 7000125794 Loan Paid in Full 0 10.125% 360 6 Summary 7000131156 Loan Paid in Full 0 9.000% 240 4 Summary 7000131200 Loan Paid in Full 0 11.850% 120 4 Summary 7000131344 Loan Paid in Full 0 10.625% 360 4 Summary 7000133815 Loan Paid in Full 0 11.125% 240 4 Summary 7073236304 Loan Paid in Full 0 8.500% 180 87 Summary 7073456076 Loan Paid in Full 0 8.250% 360 83 Summary 7074196648 Loan Paid in Full 0 9.625% 84 68 Summary 7076085567 Loan Paid in Full 0 9.250% 360 47 Summary 7076522361 Loan Paid in Full 0 8.102% 360 29 Summary 8000018845 Loan Paid in Full 0 12.500% 360 10 Summary 8000032258 Loan Paid in Full 0 11.125% 360 4 Summary 8084783179 Loan Paid in Full 0 8.990% 180 6 Summary 9080879678 Loan Paid in Full 0 9.950% 180 6 Summary 9091170278 Loan Paid in Full 0 9.950% 180 6 Summary 9091239278 Loan Paid in Full 0 8.990% 180 6 Summary 9091290278 Loan Paid in Full 0 8.990% 180 6 Summary 9091655278 Loan Paid in Full 0 8.990% 180 6 Summary 9091669278 Loan Paid in Full 0 8.990% 180 6 Summary 9102126056 Loan Paid in Full 0 11.490% 180 3 Summary 9102146305 Loan Paid in Full 0 10.490% 180 4 Summary 9102149027 Loan Paid in Full 0 10.990% 180 3 Summary 9102149368 Loan Paid in Full 0 9.990% 180 4 Summary 9102160313 Loan Paid in Full 0 12.490% 180 2 Summary 9202140221 Loan Paid in Full 0 12.990% 180 5 Summary 9222158021 Loan Paid in Full 0 11.490% 180 2 Summary 9522137645 Loan Paid in Full 0 9.490% 180 5 Summary 9602131792 Loan Paid in Full 0 10.990% 180 6 Summary 9602133950 Loan Paid in Full 0 10.990% 180 5 Summary 9602137550 Loan Paid in Full 0 10.750% 180 5 Summary 9602140425 Loan Paid in Full 0 9.990% 180 5 Summary 9602140850 Loan Paid in Full 0 10.990% 180 5 Summary 9602141146 Loan Paid in Full 0 10.990% 180 5 Summary 9602147144 Loan Paid in Full 0 11.990% 180 4 Summary 9602148010 Loan Paid in Full 0 9.800% 180 4 Summary 9602148523 Loan Paid in Full 0 12.490% 180 3 Summary 9602149276 Loan Paid in Full 0 10.990% 180 3 Summary 9602151283 Loan Paid in Full 0 12.490% 180 3 Summary 9802134379 Loan Paid in Full 0 10.750% 180 5 Summary 9802140006 Loan Paid in Full 0 12.490% 180 4 Summary 9802143969 Loan Paid in Full 0 12.490% 360 4 Summary 9802149995 Loan Paid in Full 0 10.990% 180 2 Summary 9802153590 Loan Paid in Full 0 12.490% 180 3 Summary 9802160354 Loan Paid in Full 0 11.490% 180 2

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 3.~~389~~153% Current Month 3331.~~881~~921% Current Month 2,~~644~~162.~~987~~885% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 33.881% N/A Jul-2005 2,644.987% N/A Aug-2005 31.921% N/A Aug-2005 2,162.885% 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 Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Total 01 023,602.0033 023,474.0076 0.~~000~~005%

Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term NoSummary ~~losses~~0040848400 ~~this~~23,660.00 ~~period~~10.5000% CO 100.00 180

Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) NoSummary ~~losses~~0040848400 ~~this~~23,602.33 ~~period~~23,474.76 23,474.76

Realized Loss Report - Collateral Summary

MDR SDA Current Month 0.~~000~~005% Current Month 0.~~000~~420% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.005% N/A Aug-2005 0.420% 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~~062% Current Month 099.~~000~~629% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Aug-2004 N/A N/A Aug-2004 N/A N/A~~ Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.062% N/A Aug-2005 99.629% 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 · MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2005-SL2