8-K 1 msi05wm4_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 MORGAN STANLEY ABS CAPITAL I, INC. Mortgage Pass-Through Certificates, Series 2005-WM4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121914-03 54-2175575 Pooling and Servicing Agreement) (Commission 54-2175576 (State or other File Number) 54-6666953 jurisdiction IRS EIN of Incorporation) C/O Wells Fargo Bank, N.A. 9062 Old Annapolis Rd. 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 MORGAN STANLEY ABS CAPITAL I, INC., Mortgage Pass-Through Certificates, Series 2005-WM4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-WM4 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. MORGAN STANLEY ABS CAPITAL I, INC. Mortgage Pass-Through Certificates, Series 2005-WM4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-WM4 Trust, relating to the August 25, 2005 distribution. EX-99.1

Morgan Stanley ABS Capital I Inc Mortgage Pass-Through Certificates Record Date: 57/3129/2005 Distribution Date: 68/2725/2005 Morgan Stanley ABS Capital I Inc Mortgage Pass-Through Certificates Series 2005-WM4 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 A1ss 61744CRK4 SEN 3.~~30063~~67000% ~~287~~268,~~183~~915,~~000~~067.0024 ~~816~~849,~~234~~846.1631 A1mz 61744CQW9 SEN 3.~~35063~~72000% 7167,~~796~~229,000.0091 ~~207~~215,~~150~~356.4790 A2-a 61744CQX7 SEN 3.~~18063~~55000% ~~394~~355,~~100~~752,~~000~~838.0082 1,~~079~~087,~~390~~516.9766 A2-b 61744CQY5 SEN 3.~~32063~~69000% 136,110,000.00 ~~389~~432,~~197~~489.2153 A2-c 61744CQZ2 SEN 3.~~41063~~78000% 109,431,000.00 ~~321~~356,~~391~~197.3490 M-1 61744CRA6 MEZ 3.~~50063~~87000% 43,964,000.00 ~~132~~146,~~526~~510.4603 M-2 61744CRB4 MEZ 3.~~53063~~90000% 38,312,000.00 ~~116~~128,~~478~~664.6247 M-3 61744CRC2 MEZ 3.~~55063~~92000% 24,494,000.00 7482,~~890~~680.0986 M-4 61744CRD0 MEZ 34.~~72063~~09000% 20,726,000.00 6672,~~403~~995.5382 M-5 61744CRE8 MEZ 34.~~74063~~11000% 21,354,000.00 6875,~~783~~575.3337 M-6 61744CRF5 MEZ 34.~~79063~~16000% 18,842,000.00 6167,~~503~~496.1823 B-1 61744CRG3 SUB 4.~~29063~~66000% 16,958,000.00 6268,~~654~~048.8869 B-2 61744CRH1 SUB 4.~~36063~~73000% 15,702,000.00 5863,~~960~~955.8112 B-3 61744CRJ7 SUB 45.~~77063~~14000% 14,445,000.00 5963,~~340~~935.6717 P MORGAN05C4P SEN 0.00000% 0.00 ~~262~~542,~~901~~821.9049 X MORGAN05C4X SEN 0.00000% 042,708,286.0045 32,~~305~~762,~~983~~553.2313 Totals 1,~~213~~194,~~417~~943,~~000~~193.0042 7,~~083~~016,~~790~~643.8568

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A1ss 69,~~095~~023,~~280~~354.0672 0.00 ~~281~~259,~~087~~891,~~719~~712.9451 69,~~911~~873,~~514~~201.2203 0.00 A1mz 12,~~523~~255,~~825~~846.3254 0.00 7064,~~272~~973,~~174~~154.6837 12,~~730~~471,~~975~~203.7944 0.00 A2-a 1425,~~319~~380,~~535~~099.3972 0.00 ~~379~~330,~~780~~372,~~464~~739.6110 1526,~~398~~467,~~926~~616.3638 0.00 A2-b 0.00 0.00 136,110,000.00 ~~389~~432,~~197~~489.2153 0.00 A2-c 0.00 0.00 109,431,000.00 ~~321~~356,~~391~~197.3490 0.00 M-1 0.00 0.00 43,964,000.00 ~~132~~146,~~526~~510.4603 0.00 M-2 0.00 0.00 38,312,000.00 ~~116~~128,~~478~~664.6247 0.00 M-3 0.00 0.00 24,494,000.00 7482,~~890~~680.0986 0.00 M-4 0.00 0.00 20,726,000.00 6672,~~403~~995.5382 0.00 M-5 0.00 0.00 21,354,000.00 6875,~~783~~575.3337 0.00 M-6 0.00 0.00 18,842,000.00 6167,~~503~~496.1823 0.00 B-1 0.00 0.00 16,958,000.00 6268,~~654~~048.8869 0.00 B-2 0.00 0.00 15,702,000.00 5863,~~960~~955.8112 0.00 B-3 0.00 0.00 14,445,000.00 5963,~~340~~935.6717 0.00 P 0.00 0.00 0.00 ~~262~~542,~~901~~821.9049 0.00 X 0.00 0.00 42,708,286.45 32,~~305~~762,~~983~~553.2313 0.00 Totals 2136,~~938~~659,~~640~~300.7798 0.00 1,~~234~~158,~~186~~283,~~645~~892.6843 2943,~~022~~675,~~431~~944.6266 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) A1ss 287,183,000.00 ~~287~~268,~~183~~915,~~000~~067.0024 0.00 69,~~095~~023,~~280~~354.0672 0.00 0.00 A1mz 71,796,000.00 7167,~~796~~229,000.0091 0.00 12,~~523~~255,~~825~~846.3254 0.00 0.00 A2-a 394,100,000.00 ~~394~~355,~~100~~752,~~000~~838.0082 0.00 1425,~~319~~380,~~535~~099.3972 0.00 0.00 A2-b 136,110,000.00 136,110,000.00 0.00 0.00 0.00 0.00 A2-c 109,431,000.00 109,431,000.00 0.00 0.00 0.00 0.00 M-1 43,964,000.00 43,964,000.00 0.00 0.00 0.00 0.00 M-2 38,312,000.00 38,312,000.00 0.00 0.00 0.00 0.00 M-3 24,494,000.00 24,494,000.00 0.00 0.00 0.00 0.00 M-4 20,726,000.00 20,726,000.00 0.00 0.00 0.00 0.00 M-5 21,354,000.00 21,354,000.00 0.00 0.00 0.00 0.00 M-6 18,842,000.00 18,842,000.00 0.00 0.00 0.00 0.00 B-1 16,958,000.00 16,958,000.00 0.00 0.00 0.00 0.00 B-2 15,702,000.00 15,702,000.00 0.00 0.00 0.00 0.00 B-3 14,445,000.00 14,445,000.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 X 0.00 042,708,286.0045 0.00 0.00 0.00 0.00 Totals 1,213,417,000.00 1,~~213~~194,~~417~~943,~~000~~193.0042 0.00 2136,~~938~~659,~~640~~300.7798 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 A1ss 69,~~095~~023,~~280~~354.0672 ~~281~~259,~~087~~891,~~719~~712.9451 0.~~97877562~~90496900 69,~~095~~023,~~280~~354.0672 A1mz 12,~~523~~255,~~825~~846.3254 7064,~~272~~973,~~174~~154.6837 0.~~97877562~~90496900 12,~~523~~255,~~825~~846.3254 A2-a 1425,~~319~~380,~~535~~099.3972 ~~379~~330,~~780~~372,~~464~~739.6110 0.~~96366522~~83829672 1425,~~319~~380,~~535~~099.3972 A2-b 0.00 136,110,000.00 1.00000000 0.00 A2-c 0.00 109,431,000.00 1.00000000 0.00 M-1 0.00 43,964,000.00 1.00000000 0.00 M-2 0.00 38,312,000.00 1.00000000 0.00 M-3 0.00 24,494,000.00 1.00000000 0.00 M-4 0.00 20,726,000.00 1.00000000 0.00 M-5 0.00 21,354,000.00 1.00000000 0.00 M-6 0.00 18,842,000.00 1.00000000 0.00 B-1 0.00 16,958,000.00 1.00000000 0.00 B-2 0.00 15,702,000.00 1.00000000 0.00 B-3 0.00 14,445,000.00 1.00000000 0.00 P 0.00 0.00 0.00000000 0.00 X 0.00 42,708,286.45 0.00000000 0.00 Totals 2136,~~938~~659,~~640~~300.7798 1,~~234~~158,~~186~~283,~~645~~892.6843 10.~~01711666~~95456376 2136,~~938~~659,~~640~~300.7798

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1ss 287,183,000.00 ~~1000~~936.~~00000000~~38922652 0.00000000 2131.~~22437630~~42022585 0.00000000 A1mz 71,796,000.00 ~~1000~~936.~~00000000~~38922656 0.00000000 2131.~~22437629~~42022592 0.00000000 A2-a 394,100,000.00 ~~1000~~902.~~00000000~~69687597 0.00000000 3664.~~33477643~~40015154 0.00000000 A2-b 136,110,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A2-c 109,431,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 43,964,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 38,312,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 24,494,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 20,726,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 21,354,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 18,842,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 16,958,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 15,702,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 14,445,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1ss 0.00000000 2131.~~22437630~~42022585 ~~978~~904.~~77562370~~96900064 0.~~97877562~~90496900 2131.~~22437630~~42022585 A1mz 0.00000000 2131.~~22437629~~42022592 ~~978~~904.~~77562371~~96900064 0.~~97877562~~90496900 2131.~~22437629~~42022592 A2-a 0.00000000 3664.~~33477643~~40015154 ~~963~~838.~~66522357~~29672444 0.~~96366522~~83829672 3664.~~33477643~~40015154 A2-b 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A2-c 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 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 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 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 A1ss 287,183,000.00 3.~~30063~~67000% ~~287~~268,~~183~~915,~~000~~067.0024 ~~816~~849,~~234~~846.1631 0.00 0.00 A1mz 71,796,000.00 3.~~35063~~72000% 7167,~~796~~229,000.0091 ~~207~~215,~~150~~356.4790 0.00 0.00 A2-a 394,100,000.00 3.~~18063~~55000% ~~394~~355,~~100~~752,~~000~~838.0082 1,~~079~~087,~~390~~516.9766 0.00 0.00 A2-b 136,110,000.00 3.~~32063~~69000% 136,110,000.00 ~~389~~432,~~197~~489.2153 0.00 0.00 A2-c 109,431,000.00 3.~~41063~~78000% 109,431,000.00 ~~321~~356,~~391~~197.3490 0.00 0.00 M-1 43,964,000.00 3.~~50063~~87000% 43,964,000.00 ~~132~~146,~~526~~510.4603 0.00 0.00 M-2 38,312,000.00 3.~~53063~~90000% 38,312,000.00 ~~116~~128,~~478~~664.6247 0.00 0.00 M-3 24,494,000.00 3.~~55063~~92000% 24,494,000.00 7482,~~890~~680.0986 0.00 0.00 M-4 20,726,000.00 34.~~72063~~09000% 20,726,000.00 6672,~~403~~995.5382 0.00 0.00 M-5 21,354,000.00 34.~~74063~~11000% 21,354,000.00 6875,~~783~~575.3337 0.00 0.00 M-6 18,842,000.00 34.~~79063~~16000% 18,842,000.00 6167,~~503~~496.1823 0.00 0.00 B-1 16,958,000.00 4.~~29063~~66000% 16,958,000.00 6268,~~654~~048.8869 0.00 0.00 B-2 15,702,000.00 4.~~36063~~73000% 15,702,000.00 5863,~~960~~955.8112 0.00 0.00 B-3 14,445,000.00 45.~~77063~~14000% 14,445,000.00 5963,~~340~~935.6718 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 X 0.00 0.00000% 1,~~298~~237,~~835~~651,~~144~~479.2086 0.00 0.00 0.00 Totals 1,213,417,000.00 3,~~514~~711,~~905~~269.7207 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 A1ss 0.00 0.00 ~~816~~849,~~234~~846.1631 0.00 ~~281~~259,~~087~~891,~~719~~712.9451 A1mz 0.00 0.00 ~~207~~215,~~150~~356.4790 0.00 7064,~~272~~973,~~174~~154.6837 A2-a 0.00 0.00 1,~~079~~087,~~390~~516.9766 0.00 ~~379~~330,~~780~~372,~~464~~739.6110 A2-b 0.00 0.00 ~~389~~432,~~197~~489.2153 0.00 136,110,000.00 A2-c 0.00 0.00 ~~321~~356,~~391~~197.3490 0.00 109,431,000.00 M-1 0.00 0.00 ~~132~~146,~~526~~510.4603 0.00 43,964,000.00 M-2 0.00 0.00 ~~116~~128,~~478~~664.6247 0.00 38,312,000.00 M-3 0.00 0.00 7482,~~890~~680.0986 0.00 24,494,000.00 M-4 0.00 0.00 6672,~~403~~995.5382 0.00 20,726,000.00 M-5 0.00 0.00 6875,~~783~~575.3337 0.00 21,354,000.00 M-6 0.00 0.00 6167,~~503~~496.1823 0.00 18,842,000.00 B-1 0.00 0.00 6268,~~654~~048.8869 0.00 16,958,000.00 B-2 0.00 0.00 5863,~~960~~955.8112 0.00 15,702,000.00 B-3 0.00 0.00 5963,~~340~~935.6717 0.00 14,445,000.00 P 0.00 0.00 ~~262~~542,~~901~~821.9049 0.00 0.00 X 0.00 0.00 32,~~305~~762,~~983~~553.2313 0.00 1,~~276~~200,~~894~~992,~~932~~178.1388 Totals 0.00 0.00 7,~~083~~016,~~790~~643.8568 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 A1ss 287,183,000.00 3.~~30063~~67000% ~~1000~~936.~~00000000~~38922652 2.~~84220918~~95925006 0.00000000 0.00000000 A1mz 71,796,000.00 3.~~35063~~72000% ~~1000~~936.~~00000000~~38922656 2.~~88526478~~99956683 0.00000000 0.00000000 A2-a 394,100,000.00 3.~~18063~~55000% ~~1000~~902.~~00000000~~69687597 2.~~73887584~~75949419 0.00000000 0.00000000 A2-b 136,110,000.00 3.~~32063~~69000% 1000.00000000 23.~~85943142~~17750004 0.00000000 0.00000000 A2-c 109,431,000.00 3.~~41063~~78000% 1000.00000000 23.~~93693140~~25499995 0.00000000 0.00000000 M-1 43,964,000.00 3.~~50063~~87000% 1000.00000000 3.~~01443135~~33250000 0.00000000 0.00000000 M-2 38,312,000.00 3.~~53063~~90000% 1000.00000000 3.~~04026467~~35833342 0.00000000 0.00000000 M-3 24,494,000.00 3.~~55063~~92000% 1000.00000000 3.~~05748714~~37555565 0.00000000 0.00000000 M-4 20,726,000.00 34.~~72063~~09000% 1000.00000000 3.~~20387581~~52194442 0.00000000 0.00000000 M-5 21,354,000.00 34.~~74063~~11000% 1000.00000000 3.~~22109815~~53916690 0.00000000 0.00000000 M-6 18,842,000.00 34.~~79063~~16000% 1000.00000000 3.~~26415349~~58222216 0.00000000 0.00000000 B-1 16,958,000.00 4.~~29063~~66000% 1000.00000000 34.~~69470928~~01277804 0.00000000 0.00000000 B-2 15,702,000.00 4.~~36063~~73000% 1000.00000000 34.~~75498726~~07305566 0.00000000 0.00000000 B-3 14,445,000.00 45.~~77063~~14000% 1000.00000000 4.~~10804223~~42611146 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1ss 0.00000000 0.00000000 2.~~84220918~~95925006 0.00000000 ~~978~~904.~~77562370~~96900064 A1mz 0.00000000 0.00000000 2.~~88526478~~99956683 0.00000000 ~~978~~904.~~77562371~~96900064 A2-a 0.00000000 0.00000000 2.~~73887584~~75949419 0.00000000 ~~963~~838.~~66522357~~29672444 A2-b 0.00000000 0.00000000 23.~~85943142~~17750004 0.00000000 1000.00000000 A2-c 0.00000000 0.00000000 23.~~93693140~~25499995 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.~~01443135~~33250000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~04026467~~35833342 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~05748714~~37555565 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~20387581~~52194442 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~22109815~~53916690 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.~~26415349~~58222216 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 34.~~69470928~~01277804 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 34.~~75498726~~07305566 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~10804223~~42611076 0.00000000 1000.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 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 2943,~~550~~635,~~527~~497.1321 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0542,821.0049 Total Deposits 2944,~~550~~178,~~527~~318.1370 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~528~~502,~~095~~374.5104 Payment of Interest and Principal 2943,~~022~~675,~~431~~944.6266 Total Withdrawals (Pool Distribution Amount) 2944,~~550~~178,~~527~~318.1370 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~523~~497,~~385~~893.0401 Trustee Fee 4,~~710~~481.4703 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~528~~502,~~095~~374.5104

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00 Reserve Fund 0.00 0.00 0.00 0.00 Reserve Fund ~~2,006~~0.2800 ~~2,006~~0.2800 0.00 0.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days ~~121~~385 0 0 0 ~~121~~385 2271,~~677~~176,~~206~~952.1206 0.00 0.00 0.00 2271,~~677~~176,~~206~~952.1206 60 Days 12104 0 0 0 12104 216,~~295~~484,~~964~~015.0903 0.00 0.00 0.00 216,~~295~~484,~~964~~015.0903 90 Days 035 0 0 0 035 05,699,973.0028 0.00 0.00 0.00 05,699,973.0028 120 Days 048 0 0 0 048 09,630,134.0089 0.00 0.00 0.00 09,630,134.0089 150 Days 08 0 0 0 08 01,762,687.0095 0.00 0.00 0.00 01,762,687.0095 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~133~~580 0 0 0 ~~133~~580 24104,~~973~~753,~~170~~763.21 0.00 0.00 0.00 24104,~~973~~753,~~170~~763.21 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 16.~~847610~~192697% 0.000000% 0.000000% 0.000000% 16.~~847610~~192697% 16.~~836420~~141319% 0.000000% 0.000000% 0.000000% 16.~~836420~~141319% 60 Days 01.~~183234~~672833% 0.000000% 0.000000% 0.000000% 01.~~183234~~672833% 01.~~185929~~422280% 0.000000% 0.000000% 0.000000% 01.~~185929~~422280% 90 Days 0.~~000000~~562972% 0.000000% 0.000000% 0.000000% 0.~~000000~~562972% 0.~~000000~~491807% 0.000000% 0.000000% 0.000000% 0.~~000000~~491807% 120 Days 0.~~000000~~772077% 0.000000% 0.000000% 0.000000% 0.~~000000~~772077% 0.~~000000~~830911% 0.000000% 0.000000% 0.000000% 0.~~000000~~830911% 150 Days 0.~~000000~~128679% 0.000000% 0.000000% 0.000000% 0.~~000000~~128679% 0.~~000000~~152089% 0.000000% 0.000000% 0.000000% 0.~~000000~~152089% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 29.~~030844~~329258% 0.000000% 0.000000% 0.000000% 29.~~030844~~329258% 29.~~022349~~038407% 0.000000% 0.000000% 0.000000% 29.~~022349~~038407%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 36133 0 0 0 36133 623,~~838~~223,774.3637 0.00 0.00 0.00 623,~~838~~223,774.3637 60 Days 136 0 0 0 136 ~~183~~5,~~638~~735,387.6826 0.00 0.00 0.00 ~~183~~5,~~638~~735,387.6826 90 Days 013 0 0 0 013 01,842,839.0048 0.00 0.00 0.00 01,842,839.0048 120 Days 08 0 0 0 08 01,851,247.0077 0.00 0.00 0.00 01,851,247.0077 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 37190 0 0 0 37190 732,~~022~~653,~~413~~248.0488 0.00 0.00 0.00 732,~~022~~653,~~413~~248.0488 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 17.~~811777~~082002% 0.000000% 0.000000% 0.000000% 17.~~811777~~082002% 17.~~929246~~006136% 0.000000% 0.000000% 0.000000% 17.~~929246~~006136% 60 Days 01.~~050327~~916933% 0.000000% 0.000000% 0.000000% 01.~~050327~~916933% 01.~~051805~~730249% 0.000000% 0.000000% 0.000000% 01.~~051805~~730249% 90 Days 0.~~000000~~692226% 0.000000% 0.000000% 0.000000% 0.~~000000~~692226% 0.~~000000~~555947% 0.000000% 0.000000% 0.000000% 0.~~000000~~555947% 120 Days 0.~~000000~~425985% 0.000000% 0.000000% 0.000000% 0.~~000000~~425985% 0.~~000000~~558483% 0.000000% 0.000000% 0.000000% 0.~~000000~~558483% 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 110.~~862104~~117146% 0.000000% 0.000000% 0.000000% 110.~~862104~~117146% 19.~~981051~~850815% 0.000000% 0.000000% 0.000000% 19.~~981051~~850815% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1256 0 0 0 1256 ~~602~~3,~~871~~837,177.3325 0.00 0.00 0.00 ~~602~~3,~~871~~837,177.3325 60 Days 114 0 0 0 114 51754,~~971~~036.5461 0.00 0.00 0.00 51754,~~971~~036.5461 90 Days 07 0 0 0 07 0368,399.0042 0.00 0.00 0.00 0368,399.0042 120 Days 05 0 0 0 05 0207,885.0025 0.00 0.00 0.00 0207,885.0025 150 Days 01 0 0 0 01 051,971.0054 0.00 0.00 0.00 051,971.0054 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1383 0 0 0 1383 ~~654~~5,~~842~~219,470.8707 0.00 0.00 0.00 ~~654~~5,~~842~~219,470.8707 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 14.~~000834~~852686% 0.000000% 0.000000% 0.000000% 14.~~000834~~852686% 04.~~671908~~449183% 0.000000% 0.000000% 0.000000% 04.~~671908~~449183% 60 Days 01.~~083403~~213172% 0.000000% 0.000000% 0.000000% 01.~~083403~~213172% 0.~~057923~~874301% 0.000000% 0.000000% 0.000000% 0.~~057923~~874301% 90 Days 0.~~000000~~606586% 0.000000% 0.000000% 0.000000% 0.~~000000~~606586% 0.~~000000~~427157% 0.000000% 0.000000% 0.000000% 0.~~000000~~427157% 120 Days 0.~~000000~~433276% 0.000000% 0.000000% 0.000000% 0.~~000000~~433276% 0.~~000000~~241042% 0.000000% 0.000000% 0.000000% 0.~~000000~~241042% 150 Days 0.~~000000~~086655% 0.000000% 0.000000% 0.000000% 0.~~000000~~086655% 0.~~000000~~060261% 0.000000% 0.000000% 0.000000% 0.~~000000~~060261% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 17.~~084237~~192374% 0.000000% 0.000000% 0.000000% 17.~~084237~~192374% 06.~~729831~~051943% 0.000000% 0.000000% 0.000000% 06.~~729831~~051943% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 44131 0 0 0 44131 1237,~~983~~766,~~774~~403.0006 0.00 0.00 0.00 1237,~~983~~766,~~774~~403.0006 60 Days 533 0 0 0 533 18,~~522~~035,~~672~~996.6546 0.00 0.00 0.00 18,~~522~~035,~~672~~996.6546 90 Days 010 0 0 0 010 03,072,848.0022 0.00 0.00 0.00 03,072,848.0022 120 Days 022 0 0 0 022 06,501,281.0041 0.00 0.00 0.00 06,501,281.0041 150 Days 04 0 0 0 04 01,334,884.0030 0.00 0.00 0.00 01,334,884.0030 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 49200 0 0 0 49200 1456,~~506~~711,~~446~~413.6545 0.00 0.00 0.00 1456,~~506~~711,~~446~~413.6545 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 26.~~074493~~533666% 0.000000% 0.000000% 0.000000% 26.~~074493~~533666% 16.~~956990~~093665% 0.000000% 0.000000% 0.000000% 16.~~956990~~093665% 60 Days 01.~~235738~~645885% 0.000000% 0.000000% 0.000000% 01.~~235738~~645885% 01.~~229506~~296620% 0.000000% 0.000000% 0.000000% 01.~~229506~~296620% 90 Days 0.~~000000~~498753% 0.000000% 0.000000% 0.000000% 0.~~000000~~498753% 0.~~000000~~495809% 0.000000% 0.000000% 0.000000% 0.~~000000~~495809% 120 Days 01.~~000000~~097257% 0.000000% 0.000000% 0.000000% 01.~~000000~~097257% 01.~~000000~~048991% 0.000000% 0.000000% 0.000000% 01.~~000000~~048991% 150 Days 0.~~000000~~199501% 0.000000% 0.000000% 0.000000% 0.~~000000~~199501% 0.~~000000~~215386% 0.000000% 0.000000% 0.000000% 0.~~000000~~215386% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 29.~~310231~~975062% 0.000000% 0.000000% 0.000000% 29.~~310231~~975062% 29.~~186496~~150471% 0.000000% 0.000000% 0.000000% 29.~~186496~~150471% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2965 0 0 0 2965 26,~~251~~349,~~786~~597.4338 0.00 0.00 0.00 26,~~251~~349,~~786~~597.4338 60 Days 521 0 0 0 521 ~~537~~1,~~681~~958,594.2270 0.00 0.00 0.00 ~~537~~1,~~681~~958,594.2270 90 Days 05 0 0 0 05 0415,886.0016 0.00 0.00 0.00 0415,886.0016 120 Days 013 0 0 0 013 01,069,720.0046 0.00 0.00 0.00 01,069,720.0046 150 Days 03 0 0 0 03 0375,832.0011 0.00 0.00 0.00 0375,832.0011 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 34107 0 0 0 34107 210,~~789~~169,~~467~~630.6581 0.00 0.00 0.00 210,~~789~~169,~~467~~630.6581 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 25.~~334944~~508475% 0.000000% 0.000000% 0.000000% 25.~~334944~~508475% 15.~~770290~~226106% 0.000000% 0.000000% 0.000000% 15.~~770290~~226106% 60 Days 01.~~402576~~779661% 0.000000% 0.000000% 0.000000% 01.~~402576~~779661% 01.~~422710~~612043% 0.000000% 0.000000% 0.000000% 01.~~422710~~612043% 90 Days 0.~~000000~~423729% 0.000000% 0.000000% 0.000000% 0.~~000000~~423729% 0.~~000000~~342300% 0.000000% 0.000000% 0.000000% 0.~~000000~~342300% 120 Days 01.~~000000~~101695% 0.000000% 0.000000% 0.000000% 01.~~000000~~101695% 0.~~000000~~880445% 0.000000% 0.000000% 0.000000% 0.~~000000~~880445% 150 Days 0.~~000000~~254237% 0.000000% 0.000000% 0.000000% 0.~~000000~~254237% 0.~~000000~~309333% 0.000000% 0.000000% 0.000000% 0.~~000000~~309333% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 29.~~737520~~067797% 0.000000% 0.000000% 0.000000% 29.~~737520~~067797% 28.~~193000~~370226% 0.000000% 0.000000% 0.000000% 28.~~193000~~370226%

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Mixed~~History* ~~Fixed~~New ~~Weighted~~REO ~~Average~~Loans ~~Gross~~Month ~~Coupon~~REO 7Percentage Loans in REO 0 Sep-04 0.~~019879~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~0.00 6Oct-04 0.~~519879~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 0.00 Nov-~~Through~~04 ~~Rate~~0.000% 6Dec-04 0.~~515379~~000% ~~Weighted~~Current ~~Average~~REO ~~Maturity(Stepdown~~Total ~~Calculation)~~Jan-05 ~~337~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~REO ~~Loan~~0 ~~Count~~Feb-05 ~~6,642~~0.000% ~~Number~~Original OfPrincipal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans ~~Paid~~Month InREO ~~Full~~Percentage 93Loans ~~Ending~~in ~~Scheduled~~REO ~~Collateral~~0 ~~Loan~~Sep-04 ~~Count~~0.000% ~~6,549~~Original ~~Beginning~~Principal ~~Scheduled~~Balance ~~Collateral~~0.00 Oct-04 0.000% Current Principal Balance ~~1,256,126,072~~0.1000 ~~Ending~~Nov-04 ~~Scheduled~~0.000% ~~Collateral~~Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance ~~1,234,186,645~~0.6800 ~~Ending~~Mar-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at0.00 31Apr-05 0.000% May-~~2005~~05 ~~1,234,859,760~~0.04000% ~~Monthly~~Jun-05 ~~P&I~~0.000% ~~Constant~~Jul-05 ~~8,090,006~~0.56000% ~~Special~~Aug-05 ~~Servicing~~0.000% ~~Fee~~*The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 ~~Prepayment~~Oct-04 ~~Penalties~~0.000% Current Principal Balance 0.00 ~~Realized~~Nov-04 ~~Loss~~0.000% ~~Amount~~Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 ~~Cumulative~~Mar-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Scheduled~~Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal ~~741,807~~Balance 0.8500 ~~Unscheduled~~Oct-04 0.000% Current Principal ~~21,195,612~~Balance 0.3200 ~~Required~~Nov-04 ~~Overcollateralization~~0.000% ~~Amount~~Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 ~~Overcollateralized~~Mar-05 ~~Increase~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Overcollateralized~~Apr-05 ~~reduction~~0.000% ~~Amount~~May-05 ~~785~~0.68000% ~~Specified~~Jun-05 ~~O/C~~0.000% ~~Amount~~Jul-05 ~~42,708,286~~0.45000% ~~Overcollateralized~~Aug-05 ~~Amount~~0.000% ~~42,708,286~~*The text reported in the above table is presented graphically on the monthly bond remittance report.45 ~~Overcollateralized~~The ~~Deficiency~~monthly ~~Amount~~bond remittance report can be viewed online at www.ctslink.com. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 ~~Base~~Oct-04 ~~Overcollateralized~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Extra~~Nov-04 ~~principal~~0.000% ~~distribution~~Dec-04 ~~Amount~~0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 ~~Excess~~Mar-05 ~~Cash~~0.000% ~~Amount~~Current ~~3,305,197~~Principal Balance 0.5500 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% 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

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.~~927939~~922981 8.~~198079~~179104 6.~~550765~~525898 Weighted Average Net Rate 6.~~427939~~422981 7.~~698079~~679104 6.~~050765~~025898 Weighted Average Maturity ~~356~~354 ~~264~~262 ~~356~~354 Beginning Loan Count 21,~~020~~923 1,~~210~~176 2,~~154~~066 Loans Paid In Full 3345 1122 3361 Ending Loan Count 1,~~987~~878 1,~~199~~154 2,~~121~~005 Beginning Scheduled Balance ~~361~~340,~~329~~822,~~589~~174.1214 9087,~~216~~888,~~372~~900.0906 ~~675~~641,~~947~~631,~~419~~431.4700 Ending Scheduled Balance ~~354~~331,~~265~~253,~~555~~719.1016 8986,~~661~~178,~~345~~153.5878 ~~663~~619,~~134~~435,~~165~~778.7421 Record Date 0507/3129/2005 0507/3129/2005 0507/3129/2005 Principal And Interest Constant 2,~~321~~191,~~604~~876.2457 ~~693~~675,~~301~~173.4326 43,~~028~~813,~~656~~225.3155 Scheduled Principal ~~235~~225,~~546~~622.5600 76,~~967~~129.3126 ~~338~~323,~~678~~874.7830 Unscheduled Principal 69,~~828~~342,~~487~~832.4698 ~~478~~1,~~059~~634,657.2067 1221,~~474~~871,~~574~~778.9549 Scheduled Interest 21,~~086~~966,~~057~~254.6857 ~~616~~599,~~334~~044.1200 3,~~689~~489,~~977~~351.5325 Servicing Fees ~~150~~142,~~554~~009.0024 3736,~~590~~620.1639 ~~281~~267,~~644~~346.7643 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,~~354~~278.9908 ~~338~~329.3158 2,~~534~~406.8012 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,~~934~~822,~~148~~967.6925 ~~578~~562,~~405~~094.6503 3,~~405~~219,~~797~~598.9770 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 6.~~423439~~418481 7.~~693579~~674604 6.~~046265~~021398

Group Level Collateral Statement Group 4 Total Collateral Description Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 8.~~916965~~875194 7.~~019879~~005718 Weighted Average Net Rate 8.~~416965~~375194 6.~~519879~~505718 Weighted Average Maturity ~~238~~236 ~~337~~335 Beginning Loan Count 1,~~258~~213 6,~~642~~378 Loans Paid In Full 1633 93161 Ending Loan Count 1,~~242~~180 6,~~549~~217 Beginning Scheduled Balance ~~128~~124,~~630~~600,~~685~~688.1721 1,~~256~~194,~~124~~943,~~065~~193.8541 Ending scheduled Balance ~~127~~121,~~125~~416,~~579~~241.2628 1,~~234~~158,~~186~~283,~~645~~892.6843 Record Date 0507/3129/2005 0507/3129/2005 Principal And Interest Constant 1,~~046~~011,~~444~~848.5893 87,~~090~~692,~~006~~124.5631 Scheduled Principal 90,~~615~~302.2087 ~~741~~715,~~807~~928.8543 Unscheduled Principal 13,~~414~~094,~~490~~144.7106 2135,~~195~~943,~~612~~413.3220 Scheduled Interest ~~955~~921,~~829~~546.3806 76,~~348~~976,~~198~~195.7188 Servicing Fees 5351,~~596~~916.1295 ~~523~~497,~~385~~893.0401 Master Servicing Fees 0.00 0.00 Trustee Fee ~~482~~467.3725 4,~~710~~481.4703 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~901~~869,~~750~~161.8986 6,~~820~~473,~~103~~821.2084 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 8.~~412465~~370694 6.~~515379~~501218

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · Morgan Stanley ABS Capital I Inc. Trust 2005-WMC4