8-K 1 ace05he1_10509.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): September 26, 2005 ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-119047-05 Pooling and Servicing Agreement) (Commission 54-2165618 (State or other File Number) 54-2165619 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 26, 2005 a distribution was made to holders of ACE SECURITIES CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust, relating to the September 26, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 9/27/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE1 Trust, relating to the September 26, 2005 distribution. EX-99.1

ACE Securities Corporation Asset Backed Pass-Through Certificates Record Date: 78/2931/2005 Distribution Date: 89/2526/2005 ACE Securities Corporation Asset Backed Pass-Through Certificates Series ACE 2005-HE1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution A-1A 004421KP7 SEN 3.~~70000~~88125% ~~625~~595,~~488~~655,~~265~~307.4679 12,~~992~~055,~~875~~010.1181 A-1B 004421KQ5 SEN 3.~~75000~~93125% ~~156~~148,~~372~~914,~~280~~031.7814 ~~504~~520,~~952~~371.1681 A-2A 004421KR3 SEN 3.~~58000~~76125% ~~145~~132,~~463~~074,~~228~~509.5393 ~~448~~441,~~430~~569.8111 A-2B 004421KS1 SEN 3.~~69000~~87125% 60,016,000.00 ~~190~~206,~~700~~521.8472 A-2C 004421KT9 SEN 3.~~81000~~99125% 47,430,000.00 ~~155~~168,~~609~~271.9210 M-1 004421KU6 SEN 34.~~94000~~12125% 58,509,000.00 ~~198~~214,~~508~~337.0397 M-2 004421KV4 SEN 34.~~96000~~14125% 49,271,000.00 ~~168~~181,~~014~~372.1103 M-3 004421KW2 SEN 4.~~01000~~19125% 30,024,000.00 ~~103~~111,~~674~~856.5408 M-4 004421KX0 SEN 4.~~18000~~36125% 29,255,000.00 ~~105~~113,~~301~~411.7588 M-5 004421KY8 SEN 4.~~24000~~42125% 36,953,000.00 ~~134~~145,~~919~~225.5129 M-6 004421KZ5 SEN 4.~~31000~~49125% 20,016,000.00 7479,~~287~~908.1632 M-7 004421LA9 SEN 4.~~74000~~92125% 15,397,000.00 6267,~~845~~353.4232 M-8 004421LB7 SEN 45.~~84000~~02125% 19,246,000.00 8085,~~213~~901.0531 M-9 004421LC5 SEN 5.~~66000~~84125% 18,477,000.00 9095,~~054~~936.8569 B-1 004421LD3 SEN 6.~~71000~~89125% 25,405,000.00 ~~146~~155,~~791~~619.5074 B-2 004421LE1 SEN 6.~~71000~~89125% 21,556,000.00 ~~124~~132,~~551~~042.7748 CE ACE05HE1CE SEN 0.00000% 10,778,018.64 32,~~029~~553,~~780~~543.5693 CE-1 ACE05HE1CE1 SEN 0.00000% 0.00 1716,~~064~~440.9441 P ACE05HE1P SEN 0.00000% 100.00 1,~~148~~156,~~115~~315.7712 R ACE5HE1R1 SEN 0.00000% 0.00 0.00 Totals 1,~~369~~318,~~656~~976,~~893~~967.4150 8,~~776~~501,~~691~~009.8012

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1A 2937,~~832~~133,~~957~~868.6795 0.00 ~~595~~558,~~655~~521,~~307~~438.7984 3139,~~825~~188,~~832~~879.7876 0.00 A-1B 79,~~458~~283,~~249~~479.6497 0.00 ~~148~~139,~~914~~630,~~031~~551.1417 79,~~963~~803,~~201~~851.8078 0.00 A-2A 1312,~~388~~071,~~718~~400.6008 0.00 ~~132~~120,~~074~~003,~~509~~109.9385 1312,~~837~~512,~~149~~969.4119 0.00 A-2B 0.00 0.00 60,016,000.00 ~~190~~206,~~700~~521.8472 0.00 A-2C 0.00 0.00 47,430,000.00 ~~155~~168,~~609~~271.9210 0.00 M-1 0.00 0.00 58,509,000.00 ~~198~~214,~~508~~337.0397 0.00 M-2 0.00 0.00 49,271,000.00 ~~168~~181,~~014~~372.1103 0.00 M-3 0.00 0.00 30,024,000.00 ~~103~~111,~~674~~856.5408 0.00 M-4 0.00 0.00 29,255,000.00 ~~105~~113,~~301~~411.7588 0.00 M-5 0.00 0.00 36,953,000.00 ~~134~~145,~~919~~225.5129 0.00 M-6 0.00 0.00 20,016,000.00 7479,~~287~~908.1632 0.00 M-7 0.00 0.00 15,397,000.00 6267,~~845~~353.4232 0.00 M-8 0.00 0.00 19,246,000.00 8085,~~213~~901.0531 0.00 M-9 0.00 0.00 18,477,000.00 9095,~~054~~936.8569 0.00 B-1 0.00 0.00 25,405,000.00 ~~146~~155,~~791~~619.5074 0.00 B-2 0.00 0.00 21,556,000.00 ~~124~~132,~~551~~042.7748 0.00 CE 0.00 0.00 10,778,018.64 32,~~029~~553,~~780~~543.5693 0.00 CE-1 0.00 0.00 0.00 1716,~~064~~440.9441 0.00 P 0.00 0.00 100.00 1,~~148~~156,~~115~~315.7712 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 5058,~~679~~488,~~925~~749.9100 0.00 1,~~318~~260,~~976~~488,~~967~~218.50 5966,~~456~~989,~~617~~758.7112 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1A 729,291,000.00 ~~625~~595,~~488~~655,~~265~~307.4679 0.00 2937,~~832~~133,~~957~~868.6795 0.00 0.00 A-1B 182,323,000.00 ~~156~~148,~~372~~914,~~280~~031.7814 0.00 79,~~458~~283,~~249~~479.6497 0.00 0.00 A-2A 185,769,000.00 ~~145~~132,~~463~~074,~~228~~509.5393 0.00 1312,~~388~~071,~~718~~400.6008 0.00 0.00 A-2B 60,016,000.00 60,016,000.00 0.00 0.00 0.00 0.00 A-2C 47,430,000.00 47,430,000.00 0.00 0.00 0.00 0.00 M-1 58,509,000.00 58,509,000.00 0.00 0.00 0.00 0.00 M-2 49,271,000.00 49,271,000.00 0.00 0.00 0.00 0.00 M-3 30,024,000.00 30,024,000.00 0.00 0.00 0.00 0.00 M-4 29,255,000.00 29,255,000.00 0.00 0.00 0.00 0.00 M-5 36,953,000.00 36,953,000.00 0.00 0.00 0.00 0.00 M-6 20,016,000.00 20,016,000.00 0.00 0.00 0.00 0.00 M-7 15,397,000.00 15,397,000.00 0.00 0.00 0.00 0.00 M-8 19,246,000.00 19,246,000.00 0.00 0.00 0.00 0.00 M-9 18,477,000.00 18,477,000.00 0.00 0.00 0.00 0.00 B-1 25,405,000.00 25,405,000.00 0.00 0.00 0.00 0.00 B-2 21,556,000.00 21,556,000.00 0.00 0.00 0.00 0.00 CE 10,778,849.00 10,778,018.64 0.00 0.00 0.00 0.00 CE-1 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,539,716,949.00 1,~~369~~318,~~656~~976,~~893~~967.4150 0.00 5058,~~679~~488,~~925~~749.9100 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1A 2937,~~832~~133,~~957~~868.6795 ~~595~~558,~~655~~521,~~307~~438.7984 0.~~81675944~~76584167 2937,~~832~~133,~~957~~868.6795 A-1B 79,~~458~~283,~~249~~479.6497 ~~148~~139,~~914~~630,~~031~~551.1417 0.~~81675944~~76584167 79,~~458~~283,~~249~~479.6497 A-2A 1312,~~388~~071,~~718~~400.6008 ~~132~~120,~~074~~003,~~509~~109.9385 0.~~71096098~~64598028 1312,~~388~~071,~~718~~400.6008 A-2B 0.00 60,016,000.00 1.00000000 0.00 A-2C 0.00 47,430,000.00 1.00000000 0.00 M-1 0.00 58,509,000.00 1.00000000 0.00 M-2 0.00 49,271,000.00 1.00000000 0.00 M-3 0.00 30,024,000.00 1.00000000 0.00 M-4 0.00 29,255,000.00 1.00000000 0.00 M-5 0.00 36,953,000.00 1.00000000 0.00 M-6 0.00 20,016,000.00 1.00000000 0.00 M-7 0.00 15,397,000.00 1.00000000 0.00 M-8 0.00 19,246,000.00 1.00000000 0.00 M-9 0.00 18,477,000.00 1.00000000 0.00 B-1 0.00 25,405,000.00 1.00000000 0.00 B-2 0.00 21,556,000.00 1.00000000 0.00 CE 0.00 10,778,018.64 0.99992296 0.00 CE-1 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 5058,~~679~~488,~~925~~749.9100 1,~~318~~260,~~976~~488,~~967~~218.50 0.~~85663600~~81864931 5058,~~679~~488,~~925~~749.9100

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1A 729,291,000.00 ~~857~~816.~~66623400~~75943867 0.00000000 4050.~~90679533~~91776664 0.00000000 A-1B 182,323,000.00 ~~857~~816.~~66623399~~75943869 0.00000000 4050.~~90679530~~91776666 0.00000000 A-2A 185,769,000.00 ~~783~~710.~~03284472~~96097804 0.00000000 7264.~~07186667~~98070227 0.00000000 A-2B 60,016,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 47,430,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 58,509,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 49,271,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 30,024,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 29,255,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 36,953,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 20,016,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 15,397,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 19,246,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 18,477,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 25,405,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 21,556,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 10,778,849.00 999.92296395 0.00000000 0.00000000 0.00000000 CE-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1A 0.00000000 4050.~~90679533~~91776664 ~~816~~765.~~75943867~~84167203 0.~~81675944~~76584167 4050.~~90679533~~91776664 A-1B 0.00000000 4050.~~90679530~~91776666 ~~816~~765.~~75943869~~84167203 0.~~81675944~~76584167 4050.~~90679530~~91776666 A-2A 0.00000000 7264.~~07186667~~98070227 ~~710~~645.~~96097804~~98027577 0.~~71096098~~64598028 7264.~~07186667~~98070227 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 999.92296395 0.99992296 0.00000000 CE-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1A 729,291,000.00 3.~~70000~~88125% ~~625~~595,~~488~~655,~~265~~307.4679 12,~~992~~055,~~875~~010.1181 0.00 0.00 A-1B 182,323,000.00 3.~~75000~~93125% ~~156~~148,~~372~~914,~~280~~031.7814 ~~504~~520,~~952~~371.1681 0.00 0.00 A-2A 185,769,000.00 3.~~58000~~76125% ~~145~~132,~~463~~074,~~228~~509.5393 ~~448~~441,~~430~~569.8111 0.00 0.00 A-2B 60,016,000.00 3.~~69000~~87125% 60,016,000.00 ~~190~~206,~~700~~521.8472 0.00 0.00 A-2C 47,430,000.00 3.~~81000~~99125% 47,430,000.00 ~~155~~168,~~609~~271.9210 0.00 0.00 M-1 58,509,000.00 34.~~94000~~12125% 58,509,000.00 ~~198~~214,~~508~~337.0397 0.00 0.00 M-2 49,271,000.00 34.~~96000~~14125% 49,271,000.00 ~~168~~181,~~014~~372.1103 0.00 0.00 M-3 30,024,000.00 4.~~01000~~19125% 30,024,000.00 ~~103~~111,~~674~~856.5408 0.00 0.00 M-4 29,255,000.00 4.~~18000~~36125% 29,255,000.00 ~~105~~113,~~301~~411.7588 0.00 0.00 M-5 36,953,000.00 4.~~24000~~42125% 36,953,000.00 ~~134~~145,~~919~~225.5129 0.00 0.00 M-6 20,016,000.00 4.~~31000~~49125% 20,016,000.00 7479,~~287~~908.1632 0.00 0.00 M-7 15,397,000.00 4.~~74000~~92125% 15,397,000.00 6267,~~845~~353.4232 0.00 0.00 M-8 19,246,000.00 45.~~84000~~02125% 19,246,000.00 8085,~~213~~901.0531 0.00 0.00 M-9 18,477,000.00 5.~~66000~~84125% 18,477,000.00 9095,~~054~~936.8569 0.00 0.00 B-1 25,405,000.00 6.~~71000~~89125% 25,405,000.00 ~~146~~155,~~791~~619.5074 0.00 0.00 B-2 21,556,000.00 6.~~71000~~89125% 21,556,000.00 ~~124~~132,~~551~~042.7748 0.00 0.00 CE 10,778,849.00 0.00000% 1,~~369~~318,~~656~~976,~~893~~967.4150 0.00 0.00 0.00 CE-1 0.00 0.00000% 0.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,539,716,949.00 4,~~581~~774,~~730~~709.5366 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1A 0.00 0.00 12,~~992~~055,~~875~~010.1181 0.00 ~~595~~558,~~655~~521,~~307~~438.7984 A-1B 0.00 0.00 ~~504~~520,~~952~~371.1681 0.00 ~~148~~139,~~914~~630,~~031~~551.1417 A-2A 0.00 0.00 ~~448~~441,~~430~~569.8111 0.00 ~~132~~120,~~074~~003,~~509~~109.9385 A-2B 0.00 0.00 ~~190~~206,~~700~~521.8472 0.00 60,016,000.00 A-2C 0.00 0.00 ~~155~~168,~~609~~271.9210 0.00 47,430,000.00 M-1 0.00 0.00 ~~198~~214,~~508~~337.0397 0.00 58,509,000.00 M-2 0.00 0.00 ~~168~~181,~~014~~372.1103 0.00 49,271,000.00 M-3 0.00 0.00 ~~103~~111,~~674~~856.5408 0.00 30,024,000.00 M-4 0.00 0.00 ~~105~~113,~~301~~411.7588 0.00 29,255,000.00 M-5 0.00 0.00 ~~134~~145,~~919~~225.5129 0.00 36,953,000.00 M-6 0.00 0.00 7479,~~287~~908.1632 0.00 20,016,000.00 M-7 0.00 0.00 6267,~~845~~353.4232 0.00 15,397,000.00 M-8 0.00 0.00 8085,~~213~~901.0531 0.00 19,246,000.00 M-9 0.00 0.00 9095,~~054~~936.8569 0.00 18,477,000.00 B-1 0.00 0.00 ~~146~~155,~~791~~619.5074 0.00 25,405,000.00 B-2 0.00 0.00 ~~124~~132,~~551~~042.7748 0.00 21,556,000.00 CE 0.00 0.00 32,~~029~~553,~~780~~543.5693 0.00 1,~~318~~260,~~976~~488,~~967~~218.50 CE-1 0.00 0.00 1716,~~064~~440.9441 0.00 0.00 P 0.00 0.00 1,~~148~~156,~~115~~315.7712 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 8,~~776~~501,~~691~~009.8012 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1A 729,291,000.00 3.~~70000~~88125% ~~857~~816.~~66623400~~75943867 2.~~73261991~~81782006 0.00000000 0.00000000 A-1B 182,323,000.00 3.~~75000~~93125% ~~857~~816.~~66623399~~75943869 2.~~76954723~~85412049 0.00000000 0.00000000 A-2A 185,769,000.00 3.~~58000~~76125% ~~783~~710.~~03284472~~96097804 2.~~41391626~~37697953 0.00000000 0.00000000 A-2B 60,016,000.00 3.~~69000~~87125% 1000.00000000 3.~~17750000~~44111104 0.00000000 0.00000000 A-2C 47,430,000.00 3.~~81000~~99125% 1000.00000000 3.~~28083323~~54777778 0.00000000 0.00000000 M-1 58,509,000.00 34.~~94000~~12125% 1000.00000000 3.~~39277769~~66333333 0.00000000 0.00000000 M-2 49,271,000.00 34.~~96000~~14125% 1000.00000000 3.~~41000000~~68111120 0.00000000 0.00000000 M-3 30,024,000.00 4.~~01000~~19125% 1000.00000000 3.~~45305556~~72555556 0.00000000 0.00000000 M-4 29,255,000.00 4.~~18000~~36125% 1000.00000000 3.~~59944454~~87666655 0.00000000 0.00000000 M-5 36,953,000.00 4.~~24000~~42125% 1000.00000000 3.~~65111114~~93000000 0.00000000 0.00000000 M-6 20,016,000.00 4.~~31000~~49125% 1000.00000000 3.~~71138889~~99222222 0.00000000 0.00000000 M-7 15,397,000.00 4.~~74000~~92125% 1000.00000000 4.~~08166656~~37444437 0.00000000 0.00000000 M-8 19,246,000.00 45.~~84000~~02125% 1000.00000000 4.~~16777772~~46333316 0.00000000 0.00000000 M-9 18,477,000.00 5.~~66000~~84125% 1000.00000000 45.~~87388916~~19222222 0.00000000 0.00000000 B-1 25,405,000.00 6.~~71000~~89125% 1000.00000000 56.~~77805550~~12555560 0.00000000 0.00000000 B-2 21,556,000.00 6.~~71000~~89125% 1000.00000000 56.~~77805576~~12555576 0.00000000 0.00000000 CE 10,778,849.00 0.00000% ~~127068~~122367.~~93782536~~14397799 0.00000000 0.00000000 0.00000000 CE-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1A 0.00000000 0.00000000 2.~~73261991~~81782006 0.00000000 ~~816~~765.~~75943867~~84167203 A-1B 0.00000000 0.00000000 2.~~76954723~~85412049 0.00000000 ~~816~~765.~~75943869~~84167203 A-2A 0.00000000 0.00000000 2.~~41391626~~37697953 0.00000000 ~~710~~645.~~96097804~~98027577 A-2B 0.00000000 0.00000000 3.~~17750000~~44111104 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 3.~~28083323~~54777778 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.~~39277769~~66333333 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~41000000~~68111120 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~45305556~~72555556 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~59944454~~87666655 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~65111114~~93000000 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.~~71138889~~99222222 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 4.~~08166656~~37444437 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 4.~~16777772~~46333316 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 45.~~87388916~~19222222 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 56.~~77805550~~12555560 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 56.~~77805576~~12555576 0.00000000 1000.00000000 CE 0.00000000 0.00000000 ~~281~~236.~~08572260~~90321017 0.00000000 ~~122367~~116940.~~14397799~~89215834 CE-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~11481157~~11563151.~~70000000~~20000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5866,~~818~~355,~~346~~124.7935 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~436~~462,~~073~~913.4246 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 1,~~148~~156,~~115~~315.7712 Total Deposits 6067,~~402~~974,~~535~~352.9893 Withdrawals Reimbursement for Servicer Advances ~~376~~436,~~313~~073.5142 Payment of Service Fee ~~569~~548,~~604~~521.7639 Payment of Interest and Principal 5966,~~456~~989,~~617~~758.7112 Total Withdrawals (Pool Distribution Amount) 6067,~~402~~974,~~535~~352.9893 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~553~~533,~~625~~133.4333 Credit Risk Manager Fee - The Murrayhill Company 15,~~979~~388.3306 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~569~~548,~~604~~521.7639

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 926,~~648~~025.4455 926,~~648~~025.4455 1,000.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 15 10 0 1615 1,~~794~~793,~~926~~854.0519 ~~258,751~~0.5900 0.00 21,~~053~~793,~~677~~854.6419 30 Days ~~148~~137 56 02 0 ~~153~~145 2320,~~726~~740,~~611~~188.4085 ~~233~~343,~~532~~934.9113 0310,426.0061 0.00 2321,~~960~~394,~~144~~549.3159 60 Days 8681 16 25 0 8992 12,~~347~~333,~~497~~392.1832 ~~178~~816,~~641~~568.4096 ~~153~~911,~~326~~553.2280 0.00 1214,~~679~~061,~~464~~515.8008 90 Days 6450 34 619 0 73 96,~~067~~529,~~705~~433.4953 ~~464~~376,~~470~~601.1435 ~~720~~2,~~621~~966,449.5903 0.00 109,~~252~~872,~~797~~483.2291 120 Days 3235 5 3 22 0 4060 54,~~453~~632,~~695~~375.1531 ~~416~~364,~~632~~471.0852 ~~286~~3,~~665~~339,025.2282 0.00 68,~~156~~335,~~992~~872.4565 150 Days 4819 36 1713 0 6838 72,~~815~~716,~~323~~704.8437 ~~491~~524,~~845~~003.5766 2,~~750~~611,~~809~~496.9806 0.00 115,~~057~~852,~~979~~204.3909 180+ Days 028 02 028 02 060 03,421,645.0031 0413,152.0076 05,507,432.0075 0115,950.0077 09,458,181.0059 Totals ~~378~~350 3242 2989 02 ~~439~~483 5850,~~410~~373,~~833~~739.0669 34,~~580~~632,~~048~~586.1557 415,~~170~~646,~~174~~384.6007 0115,950.0077 6670,~~161~~768,~~055~~661.8110 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.~~189084~~197368% 0.~~012606~~000000% 0.000000% 0.~~201689~~197368% 0.~~136036~~142257% 0.~~019611~~000000% 0.000000% 0.~~155646~~142257% 30 Days 1.~~865625~~802632% 0.~~063028~~078947% 0.~~000000~~026316% 0.000000% 1.~~928652~~907895% 1.~~798219~~644752% 0.~~017699~~027275% 0.~~000000~~024618% 0.000000% 1.~~815918~~696644% 60 Days 1.~~084079~~065789% 0.~~012606~~078947% 0.~~025211~~065789% 0.000000% 1.~~121896~~210526% 0.~~935806~~978071% 0.~~013539~~064756% 0.~~011620~~072289% 0.000000% 01.~~960965~~115115% 90 Days 0.~~806757~~657895% 0.~~037817~~052632% 0.~~075633~~250000% 0.000000% 0.~~920207~~960526% 0.~~687233~~517801% 0.~~035202~~029865% 0.~~054615~~235247% 0.000000% 0.~~777050~~782914% 120 Days 0.~~403378~~460526% 0.~~063028~~039474% 0.~~037817~~289474% 0.000000% 0.~~504223~~789474% 0.~~413331~~367360% 0.~~031576~~028904% 0.~~021726~~264794% 0.000000% 0.~~466633~~661057% 150 Days 0.~~605067~~250000% 0.~~037817~~078947% 0.~~214295~~171053% 0.000000% 0.~~857179~~500000% 0.~~592317~~215442% 0.~~037277~~041555% 0.~~208481~~207099% 0.000000% 0.~~838075~~464095% 180+ Days 0.~~000000~~368421% 0.~~000000~~026316% 0.~~000000~~368421% 0.~~000000~~026316% 0.~~000000~~789474% 0.~~000000~~271346% 0.~~000000~~032764% 0.~~000000~~436754% 0.~~000000~~009195% 0.~~000000~~750059% Totals 4.~~764906~~605263% 0.~~403378~~552632% 01.~~365562~~171053% 0.~~000000~~026316% 56.~~533846~~355263% 43.~~426906~~994771% 0.~~271329~~367376% 01.~~316054~~240800% 0.~~000000~~009195% 5.~~014288~~612142%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 9 10 0 109 1,~~488~~487,~~081~~119.1533 ~~258,751~~0.5900 0.00 1,~~746~~487,~~832~~119.7433 30 Days ~~106~~89 2 1 0 092 ~~107 20~~15,~~155~~104,~~978~~638.4839 ~~107~~264,~~413~~842.2505 0258,751.0059 0.00 2015,~~263~~628,~~391~~232.7303 60 Days 5653 13 25 0 5961 810,~~926~~127,~~512~~576.6016 ~~178~~366,~~641~~075.4041 ~~153~~911,~~326~~553.2280 0.00 911,~~258~~405,~~480~~205.2237 90 Days 4333 2 618 0 5153 65,~~591~~179,~~739~~696.7978 ~~444~~280,~~831~~622.1572 ~~720~~2,~~621~~352,198.5991 0.00 7,~~757~~812,~~192~~518.5341 120 Days 20 31 321 0 2642 32,~~788~~843,~~791~~184.4087 ~~359~~141,~~948~~821.7983 ~~286~~2,~~665~~979,773.2221 0.00 45,~~435~~964,~~405~~779.4191 150 Days 349 34 1411 0 5124 71,~~042~~655,~~313~~043.8719 ~~491~~467,~~845~~320.5737 2,~~126~~008,~~023~~253.2549 0.00 94,~~660~~130,~~182~~617.6905 180+ Days 016 02 026 01 045 02,968,946.0046 0413,152.0076 04,930,229.0004 068,367.0075 08,380,696.0001 Totals ~~259~~220 1923 2682 01 ~~304~~326 4637,~~505~~879,~~336~~085.1485 3,~~070~~420,~~761~~954.3147 313,~~545~~440,~~387~~760.8704 068,367.0075 5354,~~121~~809,~~485~~168.3211 0-29 Days 0.~~196249~~204685% 0.~~021805~~000000% 0.000000% 0.~~218055~~204685% 0.~~179613~~188120% 0.~~031232~~000000% 0.000000% 0.~~210844~~188120% 30 Days 2.~~311382~~024107% 0.~~021805~~045486% 0.~~000000~~022743% 0.000000% 2.~~333188~~092336% 21.~~432847~~910735% 0.~~012965~~033502% 0.~~000000~~032732% 0.000000% 21.~~445811~~976970% 60 Days 1.~~221108~~205367% 0.~~021805~~068228% 0.~~043611~~113714% 0.000000% 1.~~286524~~387310% 1.~~077439~~281137% 0.~~021562~~046308% 0.~~018507~~115311% 0.000000% 1.~~117508~~442757% 90 Days 0.~~937636~~750512% 0.~~043611~~045486% 0.~~130833~~409370% 0.000000% 1.~~112080~~205367% 0.~~795630~~655231% 0.~~053692~~035499% 0.~~086980~~297553% 0.000000% 0.~~936301~~988283% 120 Days 0.~~436110~~454856% 0.~~065416~~022743% 0.~~065416~~477598% 0.000000% 0.~~566943~~955197% 0.~~457311~~359663% 0.~~043446~~017940% 0.~~034601~~376941% 0.000000% 0.~~535358~~754544% 150 Days 0.~~741387~~204685% 0.~~065416~~090971% 0.~~305277~~250171% 0.000000% 10.~~112080~~545827% 0.~~850014~~209363% 0.~~059366~~059116% 0.~~256613~~254044% 0.000000% 10.~~165994~~522523% 180+ Days 0.~~000000~~363884% 0.~~000000~~045486% 0.~~000000~~591312% 0.~~000000~~022743% 01.~~000000~~023425% 0.~~000000~~375571% 0.~~000000~~052264% 0.~~000000~~623673% 0.~~000000~~008649% 01.~~000000~~060157% Totals 5.~~647623~~003411% 0.~~414304~~523084% 01.~~566943~~864908% 0.~~000000~~022743% 67.~~628870~~414146% 54.~~613240~~791700% 0.~~370644~~432750% 01.~~427932~~700255% 0.~~000000~~008649% 6.~~411816~~933353% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 5 0 0 5 212,~~161~~087.2296 0.00 0.00 212,~~161~~087.2296 30 Days 2935 4 01 0 3340 ~~941~~1,~~902~~464,842.9140 ~~126~~79,~~119~~092.6608 051,675.0002 0.00 1,~~068~~595,~~022~~609.5750 60 Days 2319 02 0 0 2321 1659,~~135,989~~258.0811 083,350.0072 0.00 0.00 1742,~~135,989~~608.0883 90 Days 1614 12 0 0 1716 ~~981~~606,~~835~~846.2105 1995,~~638~~978.9963 0.00 0.00 1702,~~001,474~~824.2068 120 Days 911 2 0 0 1113 ~~693~~654,~~022~~312.68 56 222,~~683~~649.2969 0.00 0.00 ~~749~~876,~~705~~962.9725 150 Days 148 0 2 1 0 1611 ~~773~~469,~~009~~278.9772 056,683.0029 ~~113~~223,~~267~~743.8896 0.00 ~~886~~749,~~277~~705.8597 180+ Days 012 0 01 01 014 0452,698.0085 0.00 065,684.0086 047,583.0002 0565,966.0073 Totals 9199 1217 23 01 ~~105~~120 4,~~525~~307,~~759~~236.8569 ~~414~~749,~~603~~842.1637 ~~113~~341,~~267~~103.8884 047,583.0002 5,~~053~~445,~~630~~765.8992 0-29 Days 0.~~208768~~218531% 0.000000% 0.000000% 0.~~208768~~218531% 0.~~124901~~131364% 0.000000% 0.000000% 0.~~124901~~131364% 30 Days 1.~~210856~~529720% 0.~~167015~~174825% 0.~~000000~~043706% 0.000000% 1.~~377871~~748252% 0.~~554505~~907298% 0.~~074248~~048988% 0.~~000000~~032007% 0.000000% 0.~~628753~~988293% 60 Days 0.~~960334~~830420% 0.~~000000~~087413% 0.000000% 0.000000% 0.~~960334~~917832% 0.~~668765~~408333% 0.~~000000~~051626% 0.000000% 0.000000% 0.~~668765~~459959% 90 Days 0.~~668058~~611888% 0.~~041754~~087413% 0.000000% 0.000000% 0.~~709812~~699301% 0.~~578014~~375870% 0.~~011562~~059447% 0.000000% 0.000000% 0.~~589575~~435317% 120 Days 0.~~375783~~480769% 0.~~083507~~087413% 0.000000% 0.000000% 0.~~459290~~568182% 0.~~407988~~405270% 0.~~033370~~137905% 0.000000% 0.000000% 0.~~441357~~543175% 150 Days 0.~~584551~~349650% 0.~~000000~~087413% 0.~~083507~~043706% 0.000000% 0.~~668058~~480769% 0.~~455077~~290663% 0.~~000000~~035109% 0.~~066682~~138583% 0.000000% 0.~~521758~~464355% 180+ Days 0.~~000000~~524476% 0.000000% 0.~~000000~~043706% 0.~~000000~~043706% 0.~~000000~~611888% 0.~~000000~~280394% 0.000000% 0.~~000000~~040684% 0.~~000000~~029472% 0.~~000000~~350550% Totals 34.~~799582~~326923% 0.~~501044~~743007% 0.~~083507~~131119% 0.~~000000~~043706% 45.~~384134~~244755% 2.~~664348~~667827% 0.~~244080~~464439% 0.~~066682~~211274% 0.~~000000~~029472% 23.~~975109~~373012% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 48 0 0 0 48 13,~~910~~486,~~436~~996.8195 0.00 0.00 0.00 13,~~910~~486,~~436~~996.8195 60 Days 42 01 0 0 43 1943,~~958,065~~392.5543 0367,142.0083 0.00 0.00 1,~~958~~310,~~065~~535.5526 90 Days 31 0 01 0 32 1525,~~356,328~~801.9745 0.00 0614,250.0012 0.00 1,~~356~~140,~~328~~051.9757 120 Days 2 0 01 0 23 ~~852~~997,~~998~~076.6136 0.00 0359,252.0061 0.00 ~~852~~1,~~998~~356,328.6197 150 Days 01 0 1 0 12 0473,500.00 0.00 ~~511~~379,~~518~~498.8561 0.00 ~~511~~852,~~518~~998.8561 180+ Days 0 0 01 0 01 0.00 0.00 0511,518.0085 0.00 0511,518.0085 Totals 1314 0 1 4 0 1419 6,~~077~~426,~~829~~767.9419 0367,142.0083 ~~511~~1,~~518~~864,520.8519 0.00 68,~~589~~658,~~348~~430.7921 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~680272~~415929% 0.000000% 0.000000% 0.000000% 01.~~680272~~415929% 01.~~706168~~342421% 0.000000% 0.000000% 0.000000% 01.~~706168~~342421% 60 Days 0.~~680272~~353982% 0.~~000000~~176991% 0.000000% 0.000000% 0.~~680272~~530973% 0.~~723774~~363186% 0.~~000000~~141342% 0.000000% 0.000000% 0.~~723774~~504529% 90 Days 0.~~510204~~176991% 0.000000% 0.~~000000~~176991% 0.000000% 0.~~510204~~353982% 0.~~501350~~202423% 0.000000% 0.~~000000~~236473% 0.000000% 0.~~501350~~438896% 120 Days 0.~~340136~~353982% 0.000000% 0.~~000000~~176991% 0.000000% 0.~~340136~~530973% 0.~~315300~~383854% 0.000000% 0.~~000000~~138305% 0.000000% 0.~~315300~~522158% 150 Days 0.~~000000~~176991% 0.000000% 0.~~170068~~176991% 0.000000% 0.~~170068~~353982% 0.~~000000~~182288% 0.000000% 0.~~189076~~146099% 0.000000% 0.~~189076~~328387% 180+ Days 0.000000% 0.000000% 0.~~000000~~176991% 0.000000% 0.~~000000~~176991% 0.000000% 0.000000% 0.~~000000~~196924% 0.000000% 0.~~000000~~196924% Totals 2.~~210884~~477876% 0.~~000000~~176991% 0.~~170068~~707965% 0.000000% 23.~~380952~~362832% 2.~~246592~~474171% 0.~~000000~~141342% 0.~~189076~~717801% 0.000000% 23.~~435668~~333315% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 1 0 0 1 94,~~683~~646.6890 0.00 0.00 94,~~683~~646.6890 30 Days 95 0 0 0 95 ~~718~~683,~~293~~711.2011 0.00 0.00 0.00 ~~718~~683,~~293~~711.2011 60 Days 37 0 0 0 37 ~~326~~603,~~929~~165.9562 0.00 0.00 0.00 ~~326~~603,~~929~~165.9562 90 Days 2 0 0 0 2 ~~137~~217,~~801~~089.5225 0.00 0.00 0.00 ~~137~~217,~~801~~089.5225 120 Days 12 0 0 0 12 ~~118~~137,~~882~~801.4652 0.00 0.00 0.00 ~~118~~137,~~882~~801.4652 150 Days 01 0 0 0 01 0118,882.0046 0.00 0.00 0.00 0118,882.0046 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1517 1 0 0 1618 1,~~301~~760,~~907~~649.1396 94,~~683~~646.6890 0.00 0.00 1,~~396~~855,~~590~~296.8186 0-29 Days 0.~~274725~~285714% 0.000000% 0.000000% 0.~~274725~~285714% 0.~~187279~~192091% 0.000000% 0.000000% 0.~~187279~~192091% 30 Days 21.~~472527~~428571% 0.000000% 0.000000% 0.000000% 21.~~472527~~428571% 1.~~420741~~387629% 0.000000% 0.000000% 0.000000% 1.~~420741~~387629% 60 Days 02.~~824176~~000000% 0.000000% 0.000000% 0.000000% 02.~~824176~~000000% 01.~~646648~~224157% 0.000000% 0.000000% 0.000000% 01.~~646648~~224157% 90 Days 0.~~549451~~571429% 0.000000% 0.000000% 0.000000% 0.~~549451~~571429% 0.~~272563~~440594% 0.000000% 0.000000% 0.000000% 0.~~272563~~440594% 120 Days 0.~~274725~~571429% 0.000000% 0.000000% 0.000000% 0.~~274725~~571429% 0.~~235142~~279676% 0.000000% 0.000000% 0.000000% 0.~~235142~~279676% 150 Days 0.~~000000~~285714% 0.000000% 0.000000% 0.000000% 0.~~000000~~285714% 0.~~000000~~241278% 0.000000% 0.000000% 0.000000% 0.~~000000~~241278% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.~~120879~~857143% 0.~~274725~~285714% 0.000000% 0.000000% 45.~~395604~~142857% 23.~~575094~~573335% 0.~~187279~~192091% 0.000000% 0.000000% 23.~~762373~~765426%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~436~~462,~~073~~913.4246

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class M-1 276,378,949.00 17.94998419% 276,378,118.64 2021.~~95397611~~92627544% 4.~~435938~~641773% 0.000000% Class M-2 227,107,949.00 14.74998045% 227,107,118.64 1718.~~21842945~~01739321% 3.~~735547~~908882% 0.000000% Class M-3 197,083,949.00 12.80001166% 197,083,118.64 1415.~~94211980~~63545900% 2.~~276310~~381934% 0.000000% Class M-4 167,828,949.00 10.89998711% 167,828,118.64 1213.~~72411291~~31453291% 2.~~218007~~320926% 0.000000% Class B-1 32,334,949.00 2.10005800% 32,334,118.64 2.~~45145438~~56520594% 12.~~926114~~015489% 0.000000% Class B-2 10,778,949.00 0.70006042% 10,778,118.64 0.~~81715746~~85507492% 1.~~634297~~710131% 0.000000% Class CE 100.00 0.00000649% 100.00 0.~~00000758~~00000793% 0.~~817150~~855067% 0.000000% Class CE-1 100.00 0.00000649% 100.00 0.~~00000758~~00000793% 0.000000% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000008% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 02 ~~Sep~~Oct-04 0.000% Original Principal Balance 0116,000.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 0115,950.0077 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current REO Total ~~Jan~~Feb-05 0.000% Loans in REO 02 ~~Feb~~Mar-05 0.000% Original Principal Balance 0116,000.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 0115,950.0077 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.~~000~~009% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 01 ~~Sep~~Oct-04 0.000% Original Principal Balance 068,400.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 068,367.0075 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current REO Total ~~Jan~~Feb-05 0.000% Loans in REO 01 ~~Feb~~Mar-05 0.000% Original Principal Balance 068,400.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 068,367.0075 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.~~000~~009% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 01 ~~Sep~~Oct-04 0.000% Original Principal Balance 047,600.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 047,583.0002 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current REO Total ~~Jan~~Feb-05 0.000% Loans in REO 01 ~~Feb~~Mar-05 0.000% Original Principal Balance 047,600.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 047,583.0002 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.~~000~~029% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Sep~~Oct-04 0.000% Original Principal Balance 0.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 0.00 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current REO Total ~~Jan~~Feb-05 0.000% Loans in REO 0 ~~Feb~~Mar-05 0.000% Original Principal Balance 0.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 0.00 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Sep~~Oct-04 0.000% Original Principal Balance 0.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 0.00 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current REO Total ~~Jan~~Feb-05 0.000% Loans in REO 0 ~~Feb~~Mar-05 0.000% Original Principal Balance 0.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 0.00 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-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.

REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance NoGroup ~~REO~~1 ~~loans~~0110200439 ~~this~~Sep-2005 ~~period~~01-Jan-2005 TX 80.00 68,400.00 Group 2 0004452790 Sep-2005 01-Jan-2005 CO 100.00 47,600.00

REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoGroup ~~REO~~1 ~~loans~~0110200439 ~~this~~68,367.75 ~~period~~01-Jan-2005 6 9.700% 4,202.08 Group 2 0004452790 47,583.02 01-Jan-2005 6 11.000% 3,326.54

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1064 ~~Sep~~Oct-04 0.000% Original Principal Balance 112,~~058~~036,~~605~~547.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 112,~~057~~005,~~547~~945.8144 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 2989 ~~Feb~~Mar-05 0.~~000~~007% Original Principal Balance 415,~~175~~681,~~500~~648.00 ~~Mar~~Apr-05 0.~~007~~193% Current Principal Balance 415,~~170~~646,~~174~~384.6007 ~~Apr-05 0.193%~~ May-05 0.340% Jun-05 0.351% Jul-05 0.232% Aug-05 0.316% Sep-05 1.241% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1059 ~~Sep~~Oct-04 0.000% Original Principal Balance 110,~~058~~404,~~605~~497.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 110,~~057~~377,~~547~~525.8112 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 2682 ~~Feb~~Mar-05 0.~~000~~011% Original Principal Balance 313,~~550~~471,~~186~~884.00 ~~Mar~~Apr-05 0.~~011~~208% Current Principal Balance 313,~~545~~440,~~387~~760.8704 ~~Apr-05 0.208%~~ May-05 0.376% Jun-05 0.388% Jul-05 0.297% Aug-05 0.428% Sep-05 1.700% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 02 ~~Sep~~Oct-04 0.000% Original Principal Balance 0275,800.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 0275,418.0098 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 23 ~~Feb~~Mar-05 0.000% Original Principal Balance ~~113~~341,~~314~~514.00 ~~Mar~~Apr-05 0.~~000~~049% Current Principal Balance ~~113~~341,~~267~~103.8884 ~~Apr-05 0.049%~~ May-05 0.086% Jun-05 0.088% Jul-05 0.065% Aug-05 0.067% Sep-05 0.211% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 03 ~~Sep~~Oct-04 0.000% Original Principal Balance 01,356,250.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 01,353,001.0034 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 14 ~~Feb~~Mar-05 0.000% Original Principal Balance ~~512~~1,~~000~~868,250.00 ~~Mar~~Apr-05 0.~~000~~255% Current Principal Balance ~~511~~1,~~518~~864,520.8519 ~~Apr-05 0.255%~~ May-05 0.433% Jun-05 0.450% Jul-05 0.181% Aug-05 0.189% Sep-05 0.718% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 4 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Sep~~Oct-04 0.000% Original Principal Balance 0.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 0.00 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 0 ~~Feb~~Mar-05 0.000% Original Principal Balance 0.00 ~~Mar~~Apr-05 0.~~000~~077% Current Principal Balance 0.00 ~~Apr~~May-05 0.~~077~~079% ~~May~~Jun-05 0.~~079~~081% ~~Jun~~Jul-05 0.~~081~~000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group 1 0000001407 Sep-2005 01-Dec-2004 GA 75.00 149,017.00 Group 1 0000002037 Aug-2005 01-Jan-2005 SC 100.00 63,000.00 Group 1 ~~0002060845~~0000002227 ~~Jul~~Sep-2005 01-~~Dec~~Feb-~~2004~~2005 CAIN 7195.7200 ~~312~~42,~~000~~750.00 Group 1 0003859787 Aug-2005 01-Jan-2005 CA 80.00 215,200.00 Group 1 0004100611 Aug-2005 01-Dec-2004 AZ 69.83 125,000.00 Group 1 0004452755 Sep-2005 01-Jan-2005 WY 68.91 107,500.00 Group 1 0081000994 Jul-2005 01-Nov-2004 MI 80.00 120,800.00 Group 1 0082600422 Sep-2005 01-Nov-2004 TX 77.18 60,200.00 Group 1 0100400495 Jul-2005 01-Dec-2004 IL 85.00 107,950.00 Group 1 0101100924 Sep-2005 01-Jan-2005 TX 89.05 154,500.00 Group 1 0101300231 Aug-2005 01-Jan-2005 TX 80.00 72,000.00 Group 1 0101400040 Aug-2005 01-Jan-2005 KY 80.00 135,920.00 Group 1 0101500233 Jul-2005 01-Jan-2005 MI 80.00 103,200.00 Group 1 ~~0110200439~~0110101496 ~~Jul~~Sep-2005 01-Jan-2005 TXKY 8075.00 6858,~~400~~875.00 Group 1 0110500159 Aug-2005 01-Jan-2005 TX 80.00 111,600.00 Group 1 ~~0111801203~~0110901019 ~~Aug~~Sep-2005 01-Jan-2005 INTX 80.00 8086,~~000~~784.00 Group 1 ~~0111900234~~0111801203 Aug-2005 01-Jan-2005 TXIN 80.00 ~~102~~80,~~399~~000.00 Group 1 0120300088 Aug-2005 01-Feb-2005 TX 80.00 101,486.00 Group 1 1000196816 Sep-2005 01-Dec-2004 CA 100.00 245,000.00 Group 1 1000198255 Sep-2005 01-Nov-2004 CA 80.00 172,720.00 Group 1 1000200201 Sep-2005 01-Dec-2004 FL 90.00 126,000.00 Group 1 1000200492 Apr-2005 01-Dec-2004 WA 80.00 260,000.00 Group 1 1000200530 Sep-2005 01-Dec-2004 WA 80.00 184,720.00 Group 1 1000200604 Sep-2005 01-Dec-2004 MI 85.00 80,750.00 Group 1 1000200922 Sep-2005 01-Dec-2004 CA 65.00 338,000.00 Group 1 1000202626 Sep-2005 01-Dec-2004 MI 66.08 56,169.00 Group 1 5000109214 Sep-2005 01-Oct-2004 OH 90.00 54,450.00 Group 1 5000114059 May-2005 01-Jan-2005 MA 80.00 192,800.00 Group 1 5000115378 Sep-2005 01-Dec-2004 IL 58.06 90,000.00 Group 1 5000115545 Sep-2005 01-Dec-2004 MN 80.00 138,400.00 Group 1 5000115808 Sep-2005 01-Nov-2004 TX 90.00 179,053.00 Group 1 5000116140 Apr-2005 01-Dec-2004 MI 70.00 115,500.00 Group 1 5000116188 Sep-2005 01-Nov-2004 IL 85.00 68,000.00 Group 1 5000116639 Sep-2005 01-Dec-2004 CT 80.00 174,400.00 Group 1 5000117842 Sep-2005 01-Dec-2004 MN 90.00 139,500.00 Group 1 5000118115 Sep-2005 01-Dec-2004 KY 85.00 66,725.00 Group 1 5000118551 Sep-2005 01-Dec-2004 IL 80.00 327,200.00 Group 1 5000118576 Sep-2005 01-Dec-2004 IN 90.00 50,400.00 Group 1 5000118849 Sep-2005 01-Dec-2004 IL 100.00 140,000.00 Group 1 5000119017 Sep-2005 01-Dec-2004 MI 90.00 60,300.00 Group 1 5000119150 Aug-2005 01-Dec-2004 OH 100.00 52,000.00 Group 1 5000119288 Sep-2005 01-Dec-2004 IL 90.00 329,400.00 Group 1 5000119953 Sep-2005 01-Dec-2004 MI 80.00 72,000.00 Group 1 5000120286 Sep-2005 01-Dec-2004 IL 90.00 102,150.00 Group 1 5000120355 May-2005 01-Jan-2005 TX 90.00 216,000.00 Group 1 5000120640 May-2005 01-Jan-2005 MI 85.00 57,800.00 Group 1 5000121055 May-2005 01-Jan-2005 CO 80.00 262,856.00 Group 1 5000121392 May-2005 01-Jan-2005 IL 100.00 124,000.00 Group 1 5000121717 Sep-2005 01-Dec-2004 TX 90.00 226,424.00 Group 1 6000117115 Sep-2005 01-Dec-2004 MD 65.00 221,000.00 Group 1 6000117179 Sep-2005 01-Nov-2004 GA 100.00 128,000.00 Group 1 6000117743 Sep-2005 01-Dec-2004 NY 90.00 306,000.00 Group 1 6000117887 Sep-2005 01-Dec-2004 IL 80.00 92,000.00 Group 1 6000118044 Sep-2005 01-Dec-2004 NY 95.00 375,250.00 Group 1 6000118386 Sep-2005 01-Nov-2004 GA 90.00 110,610.00 Group 1 6000118771 Sep-2005 01-Dec-2004 MA 80.00 313,600.00 Group 1 6000119254 Sep-2005 01-Dec-2004 MD 90.00 107,100.00 Group 1 6000120048 Sep-2005 01-Dec-2004 GA 90.00 102,600.00 Group 1 6000120171 Sep-2005 01-Dec-2004 GA 90.00 103,500.00 Group 1 6000120249 May-2005 01-Jan-2005 FL 85.00 72,675.00 Group 1 6000121264 Sep-2005 01-Dec-2004 MO 80.00 61,600.00 Group 1 6000121939 May-2005 01-Jan-2005 GA 80.00 208,000.00 Group 1 6000123145 Sep-2005 01-Jan-2005 NJ 75.00 187,500.00 Group 1 7000116717 Sep-2005 01-Dec-2004 MI 85.00 100,300.00 Group 1 7000118618 Sep-2005 01-Dec-2004 IL 80.00 280,000.00 Group 1 7000119209 Sep-2005 01-Dec-2004 GA 80.00 108,800.00 Group 1 7000119726 Sep-2005 01-Dec-2004 NJ 75.00 318,750.00 Group 1 7000120098 Sep-2005 01-Dec-2004 WA 75.00 240,000.00 Group 1 7000120334 Sep-2005 01-Dec-2004 CA 65.00 286,000.00 Group 1 7000120628 May-2005 01-Jan-2005 GA 90.00 126,000.00 Group 1 7000121519 Sep-2005 01-Dec-2004 NV 80.00 200,000.00 Group 1 7000122336 May-2005 01-Jan-2005 NC 80.00 143,600.00 Group 1 8000020020 Sep-2005 01-Dec-2004 NJ 80.00 254,400.00 Group 1 8000021225 Sep-2005 01-Nov-2004 NJ 80.00 304,000.00 Group 1 8000022009 Sep-2005 01-Dec-2004 NY 63.49 200,000.00 Group 1 8000023461 Sep-2005 01-Dec-2004 NY 50.00 300,000.00 Group 1 8000024245 Sep-2005 01-Dec-2004 NY 69.58 167,000.00 Group 1 8000024262 Sep-2005 01-Dec-2004 MA 90.00 346,500.00 Group 1 8000024286 Sep-2005 01-Dec-2004 NY 65.00 178,750.00 Group 1 8000025359 Sep-2005 01-Dec-2004 NY 65.00 315,250.00 Group 1 8000025517 Sep-2005 01-Dec-2004 MA 80.00 281,600.00 Group 1 8000025986 Sep-2005 01-Jan-2005 NJ 90.00 333,000.00 Group 2 ~~0004452790~~0004113072 ~~Jul~~Sep-2005 01-Jan-2005 COGA 100.00 4751,~~600~~800.00 Group 2 5000121154 May-2005 01-Jan-2005 CO 100.00 65,714.00 Group 2 8000023766 Sep-2005 01-Jan-2005 NJ 80.00 224,000.00 Group 3 5000113184 Sep-2005 01-Dec-2004 TX 80.00 360,000.00 Group 3 5000121635 May-2005 01-Jan-2005 NY 80.00 512,000.00 Group 3 8000025083 Sep-2005 01-Jan-2005 NJ 100.00 380,000.00 Group 3 8000027101 Sep-2005 01-Jan-2005 NJ 85.00 616,250.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 0000001407 148,383.75 01-Apr-2005 3 6.875% 4,107.38 Group 1 0000002037 62,884.41 01-Mar-2005 34 8.490% 2,~~164~~596.1820 Group 1 ~~0002060845~~0000002227 ~~311~~42,~~595~~700.8162 01-~~Jan~~Mar-2005 54 8.~~190~~750% 141,~~022~~818.5850 Group 1 0003859787 215,024.50 01-Mar-2005 34 6.750% 56,~~602~~722.3325 Group 1 0004100611 125,000.00 01-Mar-2005 34 6.500% 3,~~125~~750.00 Group 1 0004452755 107,426.44 01-May-2005 2 6.125% 2,014.15 Group 1 0081000994 120,268.43 01-Jan-2005 56 7.900% 5,~~208~~946.3621 Group 1 0082600422 59,947.18 01-May-2005 2 7.900% 1,478.68 Group 1 0100400495 107,792.45 01-Jan-2005 56 7.600% 45,~~479~~114.5900 Group 1 0101100924 154,323.41 01-Apr-2005 3 8.800% 5,330.17 Group 1 0101300231 72,000.00 01-Feb-2005 45 8.450% 23,~~855~~331.8204 Group 1 0101400040 135,724.13 01-Mar-2005 34 9.650% 56,~~169~~201.3871 Group 1 0101500233 103,065.22 01-Feb-2005 45 8.150% 34,~~935~~590.6706 Group 1 ~~0110200439~~0110101496 6858,~~367~~745.7571 01-~~Jan~~Apr-2005 53 97.~~700~~600% 31,~~679~~735.7204 Group 1 0110500159 111,600.00 01-~~Feb~~Apr-2005 43 6.400% 32,~~292~~743.2050 Group 1 ~~0111801203~~0110901019 7986,~~799~~467.1647 01-~~Mar~~Apr-2005 3 76.~~600~~900% 2,~~360~~303.8525 Group 1 ~~0111900234~~0111801203 ~~102~~79,~~189~~799.3916 01-Mar-2005 34 7.~~950~~600% 32,~~169~~832.4599 Group 1 0120300088 101,486.00 01-Apr-2005 23 6.650% 2,~~080~~600.4455 Group 1 1000196816 244,596.38 01-Jan-2005 6 6.990% 10,550.62 Group 1 1000198255 171,729.78 01-Mar-2005 4 5.300% 4,109.40 Group 1 1000200201 125,668.34 01-Mar-2005 4 8.250% 4,861.56 Group 1 1000200492 258,751.59 01-Jun-2005 01 7.990% 4,841.68 Group 1 1000200530 184,107.81 01-Mar-2005 4 6.990% 5,961.60 Group 1 1000200604 80,492.85 01-Apr-2005 3 8.350% 2,~~228~~629.9335 Group 1 1000200922 337,482.57 01-Jan-2005 6 7.250% 15,144.12 Group 1 1000202626 56,072.79 01-Mar-2005 4 9.190% 2,433.04 Group 1 5000109214 54,211.70 01-Apr-2005 3 8.450% 1,793.43 Group 1 5000114059 192,648.09 01-Jan-2005 56 7.200% 8,580.76 Group 1 5000115378 89,924.18 01-Jan-2005 6 10.250% 5,836.17 Group 1 5000115545 138,080.53 01-Feb-2005 5 7.350% 5,~~511~~504.2341 Group 1 5000115808 178,741.66 01-Jan-2005 6 8.750% 9,810.21 Group 1 5000116140 115,367.98 01-Jan-2005 56 8.800% 6,370.57 Group 1 5000116188 67,860.26 01-Feb-2005 5 9.350% 3,~~575~~497.9170 Group 1 5000116639 173,676.83 01-Apr-2005 3 7.000% 4,695.72 Group 1 5000117842 139,094.27 01-Mar-2005 4 7.650% 4,963.33 Group 1 5000118115 66,520.00 01-Apr-2005 3 8.500% 2,214.52 Group 1 5000118551 326,061.38 01-Mar-2005 4 6.850% 10,329.88 Group 1 5000118576 50,182.13 01-Apr-2005 3 8.000% 1,565.99 Group 1 5000118849 139,631.79 01-Mar-2005 4 8.150% 5,331.89 Group 1 5000119017 60,082.86 01-Mar-2005 4 8.250% 2,325.51 Group 1 5000119150 51,840.22 01-Apr-2005 23 8.500% 1,~~381~~725.0981 Group 1 5000119288 328,825.60 01-Jan-2005 6 6.700% 13,549.08 Group 1 5000119953 71,845.77 01-Mar-2005 4 9.150% 3,103.02 Group 1 5000120286 101,791.72 01-Mar-2005 4 6.700% 3,148.45 Group 1 5000120355 215,855.06 01-Jan-2005 56 8.000% 910,~~424~~766.2886 Group 1 5000120640 57,769.08 01-Jan-2005 56 9.100% 23,~~893~~305.3576 Group 1 5000121055 262,644.75 01-Jan-2005 56 7.100% 1011,~~087~~523.0224 Group 1 5000121392 123,924.72 01-Jan-2005 56 8.490% 6,586.67 Group 1 5000121717 225,470.76 01-May-2005 2 8.450% 5,~~765~~969.18 Group 1 6000117115 220,850.08 01-Jan-2005 6 11.250% 15,808.17 Group 1 6000117179 127,676.08 01-Jan-2005 6 7.800% 6,197.77 Group 1 6000117743 304,719.53 01-Mar-2005 4 5.990% 8,343.01 Group 1 6000117887 91,793.62 01-Feb-2005 5 7.500% 3,739.63 Group 1 6000118044 375,250.00 01-Jan-2005 6 7.400% 17,261.52 Group 1 6000118386 110,200.73 01-Apr-2005 3 8.500% 3,668.65 Group 1 6000118771 313,079.29 01-Jan-2005 6 6.950% 13,422.42 Group 1 6000119254 106,697.59 01-Apr-2005 3 7.500% 3,107.20 Group 1 6000120048 102,318.57 01-Mar-2005 4 7.950% 3,804.67 Group 1 6000120171 103,187.05 01-Mar-2005 4 7.450% 3,578.80 Group 1 6000120249 72,629.59 01-Jan-2005 56 8.350% 3,~~319~~792.4745 Group 1 6000121264 61,517.89 01-Jan-2005 6 8.050% 3,088.99 Group 1 6000121939 207,808.27 01-Jan-2005 56 6.400% 78,~~131~~146.97 Group 1 6000123145 186,899.87 01-May-2005 2 8.300% 4,854.60 Group 1 7000116717 99,875.88 01-Apr-2005 3 6.900% 2,658.73 Group 1 7000118618 279,603.47 01-Jan-2005 6 7.750% 13,479.87 Group 1 7000119209 108,626.32 01-Jan-2005 6 7.150% 4,802.00 Group 1 7000119726 318,270.63 01-Jan-2005 6 7.450% 14,706.84 Group 1 7000120098 239,627.74 01-Feb-2005 5 9.300% 12,281.23 Group 1 7000120334 285,052.47 01-Apr-2005 3 11.990% 13,643.11 Group 1 7000120628 125,891.51 01-Jan-2005 56 6.750% 45,~~577~~229.7741 Group 1 7000121519 199,573.78 01-Feb-2005 5 7.750% 8,421.85 Group 1 7000122336 143,459.76 01-Jan-2005 56 6.100% 5,337.21 Group 1 8000020020 253,795.79 01-Mar-2005 4 8.650% 10,~~672~~326.4137 Group 21 ~~0004452790~~8000021225 47303,~~583~~023.0268 01-Feb-2005 5 7.150% 11,725.69 Group 1 8000022009 199,725.20 01-Jan-2005 6 7.900% 9,828.83 Group 1 8000023461 299,205.59 01-Apr-2005 3 8.150% 9,521.81 Group 1 8000024245 166,658.14 01-Feb-2005 5 7.950% 7,227.46 Group 1 8000024262 345,776.27 01-Feb-2005 5 7.850% 14,793.36 Group 1 8000024286 178,532.94 01-Mar-2005 4 11.~~000~~800% 10,079.15 Group 1 8000025359 313,236.58 01-Apr-2005 3 7.750% 9,458.77 Group 1 8000025517 280,794.25 01-Feb-2005 5 6.250% 9,390.77 Group 1 8000025986 331,809.55 01-May-2005 2 7.750% 8,~~911~~009.2690 Group 2 0004113072 51,675.02 01-Jun-2005 1 11.250% 1,388.93 Group 2 5000121154 65,684.86 01-Jan-2005 56 9.990% 4,149.06 Group 2 8000023766 223,743.96 01-Feb-2005 5 8.800% 10,813.90 Group 3 5000113184 359,~~631~~252.2761 01-Mar-2005 4 9.300% 15,785.92 Group 3 5000121635 511,518.85 01-Jan-2005 56 6.300% 1719,~~256~~712.8658 Group 3 8000025083 379,498.61 01-Feb-2005 5 8.100% 16,790.39 Group 3 8000027101 614,250.12 01-Apr-2005 3 7.100% 16,863.82

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~182950~~181216% Weighted Average Net Coupon 6.~~697901~~696173% Weighted Average Pass-Through Rate 6.~~683901~~682173% Weighted Average Maturity(Stepdown Calculation) ~~346~~345 Beginning Scheduled Collateral Loan Count 87,~~194~~933 Number Of Loans Paid In Full ~~261~~333 Ending Scheduled Collateral Loan Count 7,~~933~~600 Beginning Scheduled Collateral Balance 1,~~369~~318,~~656~~976,~~893~~967.4150 Ending Scheduled Collateral Balance 1,~~318~~260,~~976~~488,~~967~~218.50 Ending Actual Collateral Balance at 2931-~~Jul~~Aug-2005 1,~~319~~260,~~450~~991,~~576~~923.9250 Monthly P&I Constant 98,~~039~~704,~~581~~614.0246 Special Servicing Fee 0.00 Prepayment Penalties 1,~~148~~156,~~115~~315.7712 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~841~~811,~~100~~620.3826 Unscheduled Principal 4957,~~838~~677,~~825~~128.5374 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 10,778,018.65 Overcollateralized Amount 10,778,018.65 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 0.00

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~182950~~181216% Weighted Average Net Rate 6.~~697901~~696173% Weighted Average Pass Through Rate 6.~~683901~~682173% Weighted Average Maturity ~~346~~345 Record Date 0708/2931/2005 Principal and Interest Constant 98,~~039~~704,~~581~~614.0246 Beginning Loan Count 87,~~194~~933 Loans Paid in Full ~~261~~333 Ending Loan Count 7,~~933~~600 Beginning Scheduled Balance 1,~~369~~318,~~656~~976,~~893~~967.4150 Ending Scheduled Balance 1,~~318~~260,~~976~~488,~~967~~218.50 Ending Actual Balance at 2931-~~Jul~~Aug-2005 1,~~319~~260,~~450~~991,~~576~~923.9250 Scheduled Principal ~~841~~811,~~100~~620.3826 Unscheduled Principal 4957,~~838~~677,~~825~~128.5374 Scheduled Interest 87,~~198~~892,~~480~~994.6420 Servicing Fee ~~553~~533,~~625~~133.4333 Master Servicing Fee 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 15,~~979~~388.3306 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 7,~~628~~344,~~875~~472.8881 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalties 1,~~148~~156,~~115~~315.7712 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 10,778,018.65 Overcollateralized Amount 10,778,018.65 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 7.~~084800~~081810 8.~~414184~~411472 6.~~472607~~467029 Weighted Average Net Rate 6.~~600705~~597647 7.~~928117~~925593 5.~~984786~~979323 Weighted Average Maturity ~~352~~351 ~~315~~314 ~~352~~351 Beginning Loan Count 4,~~741~~586 2,~~463~~395 ~~611~~588 Loans Paid In Full ~~155~~189 68107 23 Ending Loan Count 4,~~586~~397 2,~~395~~288 ~~588~~565 Beginning Scheduled Balance ~~860~~828,~~488~~154,~~880~~649.0620 ~~174~~169,~~758~~801,~~828~~852.6924 ~~282~~270,~~256~~477,~~488~~589.4743 Ending Scheduled Balance ~~828~~790,~~154~~152,~~649~~899.2032 ~~169~~161,~~801~~386,~~852~~253.2420 ~~270~~259,~~477~~693,~~589~~489.4309 Record Date 0708/2931/2005 0708/2931/2005 0708/2931/2005 Principal And Interest Constant 5,~~599~~386,~~287~~692.0630 1,~~381~~343,~~761~~713.0256 1,~~647~~576,~~172~~128.7093 Scheduled Principal ~~518~~499,~~960~~330.9750 ~~156~~153,~~383~~477.6029 ~~124~~118,~~726~~473.5348 Unscheduled Principal 3137,~~815~~502,~~269~~419.8938 48,~~800~~262,~~592~~121.8575 1110,~~654~~665,~~172~~626.5186 Scheduled Interest 54,~~080~~887,~~326~~361.0980 1,~~225~~190,~~377~~236.4227 1,~~522~~457,~~446~~655.1745 Servicing Fees ~~347~~334,~~131~~135.8733 7068,~~787~~752.0567 ~~114~~109,~~742~~928.2106 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 109,~~039~~661.0480 21,~~038~~981.8502 3,~~292~~155.9957 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 4,~~723~~543,~~155~~564.1867 1,~~152~~119,~~551~~502.5258 1,~~404~~344,~~410~~571.9782 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.~~586705~~583647 7.~~914117~~911593 5.~~970786~~965323

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~521077~~493557 7.~~182950~~181216 Weighted Average Net Rate 8.~~038702~~011180 6.~~697901~~696173 Weighted Average Maturity ~~312~~311 ~~346~~345 Beginning Loan Count ~~379~~364 87,~~194~~933 Loans Paid In Full 1514 ~~261~~333 Ending Loan Count ~~364~~350 7,~~933~~600 Beginning Scheduled Balance 5250,~~152~~542,~~696~~876.1963 1,~~369~~318,~~656~~976,~~893~~967.4150 Ending scheduled Balance 5049,~~542~~255,~~876~~576.6389 1,~~318~~260,~~976~~488,~~967~~218.50 Record Date 0708/2931/2005 0708/2931/2005 Principal And Interest Constant ~~411~~398,~~360~~079.2467 98,~~039~~704,~~581~~614.0246 Scheduled Principal 4140,~~029~~338.2899 ~~841~~811,~~100~~620.3826 Unscheduled Principal 1,~~568~~246,~~790~~960.2875 4957,~~838~~677,~~825~~128.5374 Scheduled Interest ~~370~~357,~~330~~740.9668 87,~~198~~892,~~480~~994.6420 Servicing Fees 20,~~964~~317.3027 ~~553~~533,~~625~~133.4333 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~608~~589.4567 15,~~979~~388.3306 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 ~~348~~336,~~758~~833.2174 7,~~628~~344,~~875~~472.8881 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 87.~~024702~~997180 6.~~683901~~682173

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group 1 ~~155~~189 3137,~~983~~693,~~292~~652.0040 3137,~~834~~498,~~206~~418.3207 0 0.00 0.00 Group 2 68107 48,~~839~~312,~~862~~348.00 48,~~809~~243,~~925~~198.5016 0 0.00 0.00 Group 3 23 1110,~~695~~712,~~414~~200.00 1110,~~650~~667,~~161~~231.8510 0 0.00 0.00 Group 4 1514 1,~~575~~250,~~428~~932.00 1,~~568~~245,~~005~~807.0043 0 0.00 0.00 Total ~~261~~333 5057,~~093~~969,~~996~~132.0040 4957,~~862~~654,~~298~~654.6776 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group 1 0 0.00 0.00 0 0.00 0.00 ~~565~~25,521.0899 Group 2 0 0.00 0.00 0 0.00 0.00 (525,~~572~~374.~~96)~~64 Group 3 0 0.00 0.00 0 0.00 0.00 93,~~938~~818.9122 Group 4 0 0.00 0.00 0 0.00 0.00 1,~~719~~706.4165 Total 0 0.00 0.00 0 0.00 0.00 656,~~650~~421.4450

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 0000000865 CA 80.00 01-Nov-2004 220,000.00 220,000.00 Group 1 0000000923 TX 80.00 01-Nov-2004 140,230.00 140,230.00 Group 1 0000001073 AZ 95.00 01-Dec-2004 233,800.00 233,800.00 Group 1 0000001139 AZ 99.99 01-Nov-2004 189,050.00 189,050.00 Group 1 0000001227 AZ 99.99 01-Nov-2004 171,350.00 171,350.00 Group 1 0000001309 AZ 80.00 01-Oct-2004 120,800.00 119,943.80 Group 1 0000001553 TX 80.00 01-Dec-2004 93,392.00 92,518.07 Group 1 0000001657 AZ 95.00 01-Jan-2005 331,482.00 329,470.27 Group 1 0000001676 CA 53.27 01-Jan-2005 261,000.00 258,984.26 Group 1 0000001686 AZ 79.99 01-Jan-2005 107,100.00 107,100.00 Group 1 0000001718 AZ 80.00 01-Jan-2005 156,000.00 156,000.00 Group 1 0002059445 HI 80.00 01-Nov-2004 228,000.00 226,385.11 Group 1 0002060911 CT 66.67 01-Dec-2004 100,000.00 99,286.24 Group 1 0002063992 CA 80.00 01-Dec-2004 184,000.00 183,139.77 Group 1 0003131668 CA 79.99 01-Jan-2005 200,800.00 200,800.00 Group 1 0003251778 WA 80.00 01-Jan-2005 163,200.00 163,200.00 Group 1 0003252079 WA 90.00 01-Jan-2005 135,000.00 135,000.00 Group 1 0003367890 CA 80.00 01-Jan-2005 284,000.00 284,000.00 Group 1 0003550865 CA 79.99 01-Jan-2005 149,750.00 149,750.00 Group 1 0003550893 CA 80.00 01-Jan-2005 200,000.00 200,000.00 Group 1 0003859545 CA 80.00 01-Jan-2005 264,000.00 263,917.50 Group 1 0003859838 CA 65.00 01-Jan-2005 195,000.00 195,000.00 Group 1 0004100677 NV 80.00 01-Jan-2005 220,000.00 218,729.34 Group 1 0004110800 CA 85.00 01-Jan-2005 178,500.00 177,609.75 Group 1 0004111504 CA 62.50 01-Jan-2005 245,000.00 243,767.18 Group 1 0021025761 CA 80.00 01-Jan-2005 138,400.00 137,450.95 Group 1 0021028650 CA 80.00 01-Feb-2005 149,600.00 148,660.61 Group 1 0021028705 CA 63.62 01-Feb-2005 285,000.00 285,000.00 Group 1 0110401145 AZ 87.60 01-Feb-2005 212,000.00 210,888.83 Group 1 0110900995 IL 85.00 01-Jan-2005 161,500.00 160,585.16 Group 1 1000191560 PA 90.00 01-Oct-2004 162,000.00 160,553.06 Group 1 1000192663 CA 80.00 01-Dec-2004 333,898.00 331,369.94 Group 1 1000197643 NV 80.00 01-Dec-2004 164,160.00 163,275.77 Group 1 1000198290 VA 80.00 01-Dec-2004 214,400.00 214,400.00 Group 1 1000198753 FL 85.00 01-Dec-2004 76,500.00 76,067.96 Group 1 1000199282 WA 95.00 01-Dec-2004 199,500.00 198,262.63 Group 1 1000199356 MD 90.00 01-Dec-2004 151,200.00 150,162.40 Group 1 1000199404 NV 80.00 01-Dec-2004 139,200.00 138,280.65 Group 1 1000199519 NJ 80.00 01-Dec-2004 272,000.00 270,534.94 Group 1 1000199913 WI 95.00 01-Dec-2004 330,600.00 328,098.46 Group 1 1000199940 CA 90.00 01-Dec-2004 359,550.00 359,550.00 Group 1 1000200362 CA 80.00 01-Dec-2004 200,000.00 200,000.00 Group 1 1000200437 NV 80.00 01-Dec-2004 205,600.00 203,854.81 Group 1 1000200503 CA 52.86 01-Dec-2004 185,000.00 183,681.63 Group 1 1000200543 CA 80.00 01-Dec-2004 265,492.00 262,962.59 Group 1 1000201402 CA 70.17 01-Dec-2004 326,000.00 326,000.00 Group 1 1000202365 AZ 80.00 01-Dec-2004 115,200.00 114,313.02 Group 1 1000202408 CA 79.27 01-Dec-2004 216,000.00 214,384.52 Group 1 1000202555 NV 94.59 01-Dec-2004 218,500.00 216,846.74 Group 1 1000203085 CA 80.00 01-Dec-2004 228,000.00 226,294.77 Group 1 1000203432 CA 80.00 01-Dec-2004 232,000.00 230,130.07 Group 1 1000203440 CA 65.00 01-Dec-2004 182,000.00 180,476.95 Group 1 1000203797 MD 80.00 01-Dec-2004 206,400.00 204,404.43 Group 1 1000203846 CA 80.00 01-Dec-2004 172,000.00 170,919.72 Group 1 1000203987 NY 75.00 01-Jan-2005 270,000.00 268,476.83 Group 1 1000204073 VA 80.00 01-Dec-2004 148,000.00 147,015.87 Group 1 1000204152 CA 80.00 01-Dec-2004 284,000.00 284,000.00 Group 1 1000204397 CA 74.07 01-Jan-2005 300,000.00 299,962.82 Group 1 1000204495 FL 90.00 01-Dec-2004 171,900.00 170,663.45 Group 1 1000204506 NV 68.18 01-Jan-2005 300,000.00 298,238.52 Group 1 1000204883 NV 70.00 01-Jan-2005 157,500.00 156,989.01 Group 1 1000205115 CA 95.00 01-Jan-2005 232,750.00 232,750.00 Group 1 1000205137 UT 80.00 01-Jan-2005 107,200.00 106,314.61 Group 1 1000205146 CA 95.00 01-Jan-2005 280,250.00 280,250.00 Group 1 1000205318 CA 80.00 01-Jan-2005 284,000.00 282,250.55 Group 1 1000205439 AZ 80.00 01-Jan-2005 117,508.00 116,713.84 Group 1 1000205633 WA 90.00 01-Jan-2005 324,000.00 321,518.92 Group 1 1000206149 MD 80.00 01-Jan-2005 172,000.00 170,670.30 Group 1 1000206621 WA 80.00 01-Jan-2005 132,000.00 131,313.92 Group 1 1000206689 NV 80.00 01-Jan-2005 143,920.00 143,029.15 Group 1 1000207155 AZ 95.00 01-Jan-2005 120,650.00 119,980.36 Group 1 1000207238 CA 80.00 01-Jan-2005 224,000.00 224,000.00 Group 1 1000207795 CA 80.00 01-Jan-2005 159,200.00 159,200.00 Group 1 1000207858 CA 65.00 01-Jan-2005 176,150.00 174,863.99 Group 1 1000208033 VA 95.00 01-Jan-2005 173,850.00 172,616.85 Group 1 1000208099 CA 42.62 01-Jan-2005 205,000.00 205,000.00 Group 1 1000208415 CA 80.00 01-Jan-2005 238,224.00 238,224.00 Group 1 1000209128 FL 76.19 01-Jan-2005 160,000.00 159,048.00 Group 1 1000209401 NV 85.00 01-Jan-2005 284,750.00 282,506.56 Group 1 1000210273 CA 80.00 01-Jan-2005 304,800.00 302,857.04 Group 1 1000210790 CA 26.23 01-Jan-2005 160,000.00 159,265.74 Group 1 2000016432 AZ 85.00 01-Feb-2005 136,000.00 135,156.20 Group 1 2000016586 CA 49.00 01-Feb-2005 245,000.00 243,860.06 Group 1 5000115860 WA 90.00 01-Dec-2004 149,400.00 149,399.98 Group 1 5000115889 WI 80.00 01-Dec-2004 111,520.00 110,619.89 Group 1 5000117176 MN 90.00 01-Dec-2004 169,322.00 168,184.99 Group 1 5000117293 WI 80.00 01-Dec-2004 117,600.00 116,833.29 Group 1 5000118177 IL 80.00 01-Dec-2004 108,000.00 107,230.68 Group 1 5000119250 OH 100.00 01-Dec-2004 102,000.00 101,188.05 Group 1 5000119807 NJ 90.00 01-Jan-2005 217,800.00 216,100.22 Group 1 5000119822 CA 80.00 01-Dec-2004 336,000.00 332,957.36 Group 1 5000120027 NY 90.00 01-Jan-2005 387,000.00 383,857.47 Group 1 5000120228 MI 90.00 01-Jan-2005 208,800.00 207,581.94 Group 1 5000121029 GA 90.00 01-Dec-2004 50,310.00 50,052.47 Group 1 5000121709 MI 85.00 01-Jan-2005 136,000.00 135,999.00 Group 1 5000122504 GA 86.75 01-Jan-2005 131,000.00 130,095.55 Group 1 5000122528 MD 90.00 01-Jan-2005 243,000.00 241,026.80 Group 1 5000123080 GA 80.00 01-Jan-2005 165,600.00 165,599.99 Group 1 6000105430 NY 80.00 01-Aug-2004 403,760.00 398,523.76 Group 1 6000116987 NC 90.00 01-Dec-2004 64,800.00 64,286.36 Group 1 6000117602 MD 90.00 01-Dec-2004 164,700.00 163,727.65 Group 1 6000117782 FL 75.00 01-Dec-2004 212,250.00 211,412.15 Group 1 6000118121 GA 80.00 01-Dec-2004 145,600.00 144,749.62 Group 1 6000118696 FL 69.00 01-Nov-2004 110,400.00 109,807.32 Group 1 6000118875 GA 90.00 01-Dec-2004 94,500.00 94,500.00 Group 1 6000119760 FL 80.00 01-Dec-2004 112,000.00 111,014.08 Group 1 6000119769 PA 80.00 01-Dec-2004 100,000.00 99,415.92 Group 1 6000120149 MD 80.00 01-Dec-2004 260,000.00 257,978.66 Group 1 6000120159 FL 90.00 01-Dec-2004 131,400.00 130,624.77 Group 1 6000120387 NY 79.44 01-Jan-2005 425,000.00 422,155.44 Group 1 6000120521 NY 80.00 01-Dec-2004 224,800.00 223,075.17 Group 1 6000120853 FL 85.00 01-Dec-2004 174,250.00 173,190.56 Group 1 6000120912 NJ 85.00 01-Dec-2004 259,250.00 257,114.84 Group 1 6000121032 FL 80.00 01-Dec-2004 278,400.00 276,655.89 Group 1 6000121481 GA 80.00 01-Dec-2004 194,704.00 193,174.90 Group 1 6000121589 FL 80.00 01-Dec-2004 87,860.00 87,298.44 Group 1 6000122424 MD 90.00 01-Dec-2004 111,600.00 110,835.10 Group 1 6000122902 FL 79.88 01-Jan-2005 52,000.00 51,810.04 Group 1 6000122914 FL 80.00 01-Jan-2005 205,600.00 203,915.17 Group 1 6000122985 CA 59.78 01-Jan-2005 275,000.00 273,123.27 Group 1 6000123477 NC 50.00 01-Jan-2005 110,000.00 109,458.84 Group 1 6000123743 FL 90.00 01-Jan-2005 225,000.00 223,593.60 Group 1 6000124052 NY 65.00 01-Jan-2005 188,500.00 188,001.60 Group 1 6000124430 NY 90.00 01-Jan-2005 247,500.00 245,761.23 Group 1 7000000957 NJ 90.00 01-Dec-2004 235,800.00 234,293.06 Group 1 7000118688 FL 90.00 01-Dec-2004 238,500.00 236,693.78 Group 1 7000119088 CA 80.00 01-Dec-2004 208,000.00 206,426.11 Group 1 7000119265 CA 90.00 01-Dec-2004 292,500.00 290,286.79 Group 1 7000120162 FL 80.00 01-Dec-2004 159,920.00 159,920.00 Group 1 7000121363 CA 77.71 01-Dec-2004 272,000.00 270,226.85 Group 1 7000121583 NY 80.00 01-Dec-2004 292,000.00 289,663.33 Group 1 7000122645 CA 80.00 01-Jan-2005 154,000.00 152,843.01 Group 1 7000122978 CA 80.00 01-Jan-2005 176,000.00 174,702.74 Group 1 7000123098 CA 89.83 01-Jan-2005 265,000.00 262,852.22 Group 1 7000123114 CA 73.17 01-Jan-2005 300,000.00 298,207.87 Group 1 7000124433 CA 80.00 01-Jan-2005 323,080.00 323,080.00 Group 1 7000125179 MD 70.80 01-Jan-2005 320,000.00 317,919.86 Group 1 7000125403 CA 66.56 01-Jan-2005 218,000.00 216,453.69 Group 1 8000022843 DE 79.78 01-Dec-2004 284,000.00 282,454.65 Group 1 8000022984 CT 46.15 01-Dec-2004 180,000.00 179,133.77 Group 1 8000024172 NJ 77.78 01-Dec-2004 350,000.00 347,602.85 Group 1 8000024778 NJ 75.00 01-Dec-2004 251,250.00 249,896.70 Group 1 8000025118 NJ 80.00 01-Dec-2004 205,600.00 204,119.09 Group 1 8000025237 MA 90.00 01-Dec-2004 260,910.00 259,192.22 Group 1 8000025837 RI 100.00 01-Jan-2005 290,000.00 288,588.12 Group 1 8000026370 NJ 80.00 01-Jan-2005 296,000.00 293,980.03 Group 1 8000026565 NY 74.29 01-Jan-2005 260,000.00 258,759.66 Group 1 8000027295 NJ 62.50 01-Jan-2005 120,000.00 119,072.25 Group 1 8000027346 NJ 90.00 01-Jan-2005 391,500.00 388,530.44 Group 1 8000027520 NJ 56.63 01-Jan-2005 235,000.00 234,997.10 Group 1 8000027709 NJ 85.00 01-Jan-2005 180,200.00 179,106.39 Group 1 8000027868 NJ 78.60 01-Jan-2005 224,000.00 222,995.04 Group 1 8000028221 NJ 80.00 01-Jan-2005 164,000.00 162,802.65 Group 1 8000028339 NJ 84.95 01-Jan-2005 350,000.00 347,319.85 Group 1 8000029114 CT 80.00 01-Jan-2005 108,000.00 107,474.14 Group 2 0000000924 TX 100.00 01-Nov-2004 35,057.00 34,962.94 Group 2 0000001554 TX 100.00 01-Dec-2004 23,348.00 23,286.22 Group 2 0000001687 AZ 99.93 01-Jan-2005 26,700.00 26,614.72 Group 2 0000001719 AZ 100.00 01-Jan-2005 39,000.00 38,187.99 Group 2 0003131669 CA 99.99 01-Jan-2005 50,200.00 50,059.92 Group 2 0003550590 CA 100.00 01-Jan-2005 23,000.00 22,946.36 Group 2 0003550628 CA 100.00 01-Jan-2005 99,500.00 99,244.38 Group 2 0003550841 CA 100.00 01-Jan-2005 37,000.00 36,902.02 Group 2 0003550866 CA 99.97 01-Jan-2005 37,400.00 37,280.65 Group 2 0003858535 CA 100.00 01-Jan-2005 20,000.00 19,923.20 Group 2 0003859546 CA 100.00 01-Jan-2005 66,000.00 65,798.47 Group 2 0004101508 CA 53.82 01-Jan-2005 50,000.00 49,858.96 Group 2 0004113219 GA 100.00 01-Jan-2005 40,800.00 40,710.91 Group 2 0004113397 GA 99.98 01-Jan-2005 50,000.00 49,852.72 Group 2 0004601632 AZ 100.00 01-Jan-2005 39,400.00 39,267.84 Group 2 0004701599 OH 100.00 01-Jan-2005 30,100.00 29,565.32 Group 2 0021025781 CA 100.00 01-Jan-2005 34,600.00 34,506.03 Group 2 0021028651 CA 100.00 01-Feb-2005 37,400.00 37,301.44 Group 2 1000198356 VA 100.00 01-Dec-2004 53,600.00 53,355.04 Group 2 1000198533 CA 89.23 01-Dec-2004 290,000.00 287,805.74 Group 2 1000199062 AZ 100.00 01-Nov-2004 78,000.00 77,709.42 Group 2 1000199449 FL 82.42 01-Dec-2004 272,000.00 269,834.69 Group 2 1000199905 MD 95.00 01-Dec-2004 8,400.00 8,057.69 Group 2 1000201615 CA 62.89 01-Dec-2004 163,502.00 162,004.61 Group 2 1000202417 AZ 100.00 01-Dec-2004 28,800.00 28,704.11 Group 2 1000203199 CT 100.00 01-Dec-2004 19,990.00 19,691.64 Group 2 1000203688 CA 100.00 01-Dec-2004 58,000.00 57,689.10 Group 2 1000203951 MD 100.00 01-Dec-2004 51,600.00 51,331.76 Group 2 1000204482 CA 100.00 01-Jan-2005 36,000.00 35,872.19 Group 2 1000204503 CA 83.06 01-Jan-2005 319,800.00 317,325.86 Group 2 1000204545 VA 100.00 01-Dec-2004 37,000.00 36,889.40 Group 2 1000205618 CA 100.00 01-Jan-2005 33,000.00 32,877.14 Group 2 1000206037 CA 100.00 01-Jan-2005 139,800.00 139,231.41 Group 2 1000206768 CA 70.53 01-Jan-2005 264,500.00 262,416.12 Group 2 1000206860 CA 85.00 01-Jan-2005 182,750.00 181,350.53 Group 2 1000206867 NV 100.00 01-Jan-2005 35,980.00 35,873.98 Group 2 1000208217 MA 85.00 01-Jan-2005 264,350.00 262,203.39 Group 2 1000208528 CA 80.54 01-Jan-2005 284,311.00 281,986.86 Group 2 4303005634 CA 95.00 01-Sep-2004 48,750.00 48,558.14 Group 2 4303005873 FL 100.00 01-Jun-2004 26,300.00 26,202.49 Group 2 4303006677 CA 49.43 01-Aug-2004 90,000.00 89,296.59 Group 2 4303006692 CA 95.00 01-Aug-2004 48,750.00 48,378.47 Group 2 4303006728 CA 80.00 01-Aug-2004 53,500.00 53,060.27 Group 2 4303006754 CA 95.00 01-Aug-2004 135,000.00 133,774.20 Group 2 4303007596 AZ 100.00 01-Nov-2004 53,970.00 53,769.40 Group 2 4303007598 CA 91.70 01-Nov-2004 75,000.00 74,646.38 Group 2 5000115973 WI 100.00 01-Dec-2004 27,880.00 27,769.39 Group 2 5000116069 WA 95.00 01-Dec-2004 8,300.00 7,971.15 Group 2 5000118147 MN 100.00 01-Dec-2004 13,950.00 13,674.73 Group 2 5000118199 IL 100.00 01-Dec-2004 27,000.00 26,919.28 Group 2 5000123117 GA 100.00 01-Jan-2005 41,400.00 41,228.19 Group 2 6000120199 FL 95.00 01-Dec-2004 7,300.00 7,006.71 Group 2 6000121077 PA 85.00 01-Dec-2004 76,753.00 76,227.33 Group 2 6000121122 FL 100.00 01-Dec-2004 69,600.00 69,433.71 Group 2 6000121533 GA 100.00 01-Dec-2004 48,676.00 48,526.56 Group 2 6000122873 FL 95.00 01-Jan-2005 7,250.00 6,992.45 Group 2 6000123713 FL 100.00 01-Jan-2005 42,400.00 41,947.28 Group 2 6000124071 MD 80.00 01-Jan-2005 146,400.00 145,708.72 Group 2 6000125641 FL 100.00 01-Jan-2005 25,800.00 25,292.88 Group 2 6000125916 FL 100.00 01-Jan-2005 12,000.00 11,722.24 Group 2 7000118584 CA 90.00 01-Dec-2004 171,000.00 169,937.24 Group 2 7000118924 FL 100.00 01-Dec-2004 50,200.00 50,049.92 Group 2 7000119714 CA 95.00 01-Dec-2004 16,250.00 15,938.14 Group 2 7000122751 CA 100.00 01-Jan-2005 38,500.00 38,386.55 Group 2 7000124006 CA 100.00 01-Jan-2005 44,000.00 43,859.49 Group 2 8000025266 MA 95.00 01-Dec-2004 14,495.00 13,901.36 Group 2 8000027454 NJ 95.00 01-Jan-2005 21,750.00 21,397.46 Group 2 8000027666 CT 100.00 01-Jan-2005 36,800.00 36,108.32 Group 3 0000000818 CA 80.00 01-Nov-2004 399,614.00 399,614.00 Group 3 0003367848 CA 79.59 01-Jan-2005 386,000.00 386,000.00 Group 3 1000199118 CA 80.00 01-Dec-2004 392,000.00 388,410.04 Group 3 1000201725 CA 90.00 01-Dec-2004 765,000.00 758,936.97 Group 3 1000202941 CA 80.00 01-Dec-2004 376,000.00 375,999.84 Group 3 1000204274 CA 85.92 01-Dec-2004 698,500.00 698,500.00 Group 3 1000204275 CA 90.00 01-Dec-2004 423,000.00 423,000.00 Group 3 1000204440 CA 89.29 01-Dec-2004 500,000.00 500,000.00 Group 3 1000204442 MD 80.00 01-Dec-2004 388,000.00 384,446.60 Group 3 1000205223 CA 80.00 01-Dec-2004 368,000.00 368,000.00 Group 3 1000205930 CA 80.00 01-Jan-2005 544,000.00 540,498.25 Group 3 1000205975 CA 80.00 01-Jan-2005 559,200.00 554,877.02 Group 3 1000208294 CA 80.00 01-Jan-2005 423,200.00 423,200.00 Group 3 1000209991 CA 95.00 01-Jan-2005 527,250.00 527,250.00 Group 3 6000124885 MD 100.00 01-Jan-2005 599,000.00 599,000.00 Group 3 7000118564 CA 90.00 01-Dec-2004 810,000.00 804,000.78 Group 3 7000118738 CA 80.00 01-Nov-2004 572,000.00 566,284.12 Group 3 7000120593 CA 85.00 01-Dec-2004 849,150.00 841,953.64 Group 3 7000122264 CA 74.80 01-Dec-2004 460,000.00 456,689.10 Group 3 7000122884 CA 89.67 01-Jan-2005 486,000.00 486,000.00 Group 3 7000123886 CA 80.00 01-Jan-2005 424,000.00 420,814.48 Group 3 7000124472 VA 75.00 01-Jan-2005 385,500.00 383,584.67 Group 3 8000026725 MA 80.00 01-Dec-2004 360,000.00 357,174.09 Group 4 0000000819 CA 100.00 01-Nov-2004 99,904.00 99,394.71 Group 4 0003367947 CA 96.38 01-Jan-2005 81,500.00 81,282.82 Group 4 0004100669 AZ 100.00 01-Jan-2005 107,000.00 106,717.11 Group 4 1000192732 CA 100.00 01-Dec-2004 83,474.00 83,214.83 Group 4 1000199144 CA 100.00 01-Dec-2004 98,000.00 97,636.13 Group 4 1000201154 VA 95.00 01-Dec-2004 23,750.00 23,283.80 Group 4 1000201237 AZ 100.00 01-Dec-2004 120,800.00 120,186.71 Group 4 1000204555 MD 100.00 01-Dec-2004 97,000.00 96,659.28 Group 4 1000205781 WA 95.00 01-Jan-2005 18,000.00 17,708.22 Group 4 7000119138 CA 100.00 01-Nov-2004 143,000.00 142,332.37 Group 4 7000121605 NY 100.00 01-Dec-2004 73,000.00 72,698.83 Group 4 7000123959 CA 100.00 01-Jan-2005 106,000.00 105,592.81 Group 4 7000124423 CA 100.00 01-Jan-2005 74,000.00 73,757.38 Group 4 8000022616 CT 61.02 01-Dec-2004 360,000.00 357,006.68 Group 4 8000026763 MA 100.00 01-Dec-2004 90,000.00 89,599.19

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 0000000865 Loan Paid in Full 0 5.875% 360 9 Group 1 0000000923 Loan Paid in Full 0 6.250% 360 9 Group 1 0000001073 Loan Paid in Full 0 7.125% 360 8 Group 1 0000001139 Loan Paid in Full 0 8.625% 360 9 Group 1 0000001227 Loan Paid in Full 0 8.375% 360 9 Group 1 0000001309 Loan Paid in Full 0 8.370% 360 10 Group 1 0000001553 Loan Paid in Full 2 5.875% 360 8 Group 1 0000001657 Loan Paid in Full 0 7.500% 360 7 Group 1 0000001676 Loan Paid in Full 0 7.125% 360 7 Group 1 0000001686 Loan Paid in Full 0 6.125% 360 7 Group 1 0000001718 Loan Paid in Full (1) 6.750% 360 7 Group 1 0002059445 Loan Paid in Full (1) 8.090% 360 9 Group 1 0002060911 Loan Paid in Full 0 7.290% 360 8 Group 1 0002063992 Loan Paid in Full (1) 9.390% 360 8 Group 1 0003131668 Loan Paid in Full 0 6.375% 360 7 Group 1 0003251778 Loan Paid in Full (1) 6.750% 360 7 Group 1 0003252079 Loan Paid in Full 0 7.375% 360 7 Group 1 0003367890 Loan Paid in Full 0 6.990% 360 7 Group 1 0003550865 Loan Paid in Full 0 5.625% 360 7 Group 1 0003550893 Loan Paid in Full 0 6.875% 360 7 Group 1 0003859545 Loan Paid in Full 0 7.500% 360 7 Group 1 0003859838 Loan Paid in Full 0 6.500% 360 7 Group 1 0004100677 Loan Paid in Full 0 7.750% 360 7 Group 1 0004110800 Loan Paid in Full 0 7.800% 360 7 Group 1 0004111504 Loan Paid in Full (1) 8.400% 360 7 Group 1 0021025761 Loan Paid in Full 0 6.875% 360 7 Group 1 0021028650 Loan Paid in Full (1) 6.625% 360 6 Group 1 0021028705 Loan Paid in Full 0 6.875% 360 6 Group 1 0110401145 Loan Paid in Full 0 7.550% 360 6 Group 1 0110900995 Loan Paid in Full 0 7.850% 360 7 Group 1 1000191560 Loan Paid in Full 0 7.200% 360 10 Group 1 1000192663 Loan Paid in Full (1) 6.990% 360 8 Group 1 1000197643 Loan Paid in Full (1) 8.700% 360 8 Group 1 1000198290 Loan Paid in Full (1) 6.300% 360 8 Group 1 1000198753 Loan Paid in Full (1) 8.490% 360 8 Group 1 1000199282 Loan Paid in Full 0 8.000% 360 8 Group 1 1000199356 Loan Paid in Full 0 7.490% 360 8 Group 1 1000199404 Loan Paid in Full (1) 8.050% 360 8 Group 1 1000199519 Loan Paid in Full 0 8.700% 360 8 Group 1 1000199913 Loan Paid in Full 0 6.990% 360 8 Group 1 1000199940 Loan Paid in Full 0 5.650% 360 8 Group 1 1000200362 Loan Paid in Full (1) 6.900% 360 8 Group 1 1000200437 Loan Paid in Full 0 6.400% 360 8 Group 1 1000200503 Loan Paid in Full (1) 7.990% 360 8 Group 1 1000200543 Loan Paid in Full 0 6.000% 360 8 Group 1 1000201402 Loan Paid in Full 0 6.125% 360 8 Group 1 1000202365 Loan Paid in Full (1) 6.900% 360 8 Group 1 1000202408 Loan Paid in Full 0 7.050% 360 8 Group 1 1000202555 Loan Paid in Full 0 6.990% 360 8 Group 1 1000203085 Loan Paid in Full 0 7.050% 360 8 Group 1 1000203432 Loan Paid in Full (1) 6.660% 360 8 Group 1 1000203440 Loan Paid in Full 0 8.250% 360 8 Group 1 1000203797 Loan Paid in Full (1) 5.700% 360 8 Group 1 1000203846 Loan Paid in Full 2 8.400% 360 8 Group 1 1000203987 Loan Paid in Full 0 7.875% 360 7 Group 1 1000204073 Loan Paid in Full (1) 7.650% 360 8 Group 1 1000204152 Loan Paid in Full (1) 5.800% 360 8 Group 1 1000204397 Loan Paid in Full 0 5.850% 360 7 Group 1 1000204495 Loan Paid in Full (1) 7.250% 360 8 Group 1 1000204506 Loan Paid in Full (1) 6.450% 360 7 Group 1 1000204883 Loan Paid in Full 0 9.900% 360 7 Group 1 1000205115 Loan Paid in Full (1) 6.900% 360 7 Group 1 1000205137 Loan Paid in Full 2 5.900% 360 7 Group 1 1000205146 Loan Paid in Full (1) 6.400% 360 7 Group 1 1000205318 Loan Paid in Full 0 8.000% 360 7 Group 1 1000205439 Loan Paid in Full 1 7.600% 360 7 Group 1 1000205633 Loan Paid in Full (1) 6.300% 360 7 Group 1 1000206149 Loan Paid in Full (1) 6.250% 360 7 Group 1 1000206621 Loan Paid in Full (1) 8.750% 360 7 Group 1 1000206689 Loan Paid in Full (1) 7.400% 360 7 Group 1 1000207155 Loan Paid in Full (1) 7.950% 360 7 Group 1 1000207238 Loan Paid in Full (1) 6.250% 360 7 Group 1 1000207795 Loan Paid in Full 0 7.500% 360 7 Group 1 1000207858 Loan Paid in Full 0 6.550% 360 7 Group 1 1000208033 Loan Paid in Full (1) 6.700% 360 7 Group 1 1000208099 Loan Paid in Full (1) 6.300% 360 7 Group 1 1000208415 Loan Paid in Full (1) 5.450% 360 7 Group 1 1000209128 Loan Paid in Full (1) 7.600% 360 7 Group 1 1000209401 Loan Paid in Full 0 6.150% 360 7 Group 1 1000210273 Loan Paid in Full 0 7.250% 360 7 Group 1 1000210790 Loan Paid in Full 1 8.890% 360 7 Group 1 2000016432 Loan Paid in Full 0 7.000% 360 6 Group 1 2000016586 Loan Paid in Full (1) 8.150% 360 6 Group 1 5000115860 Loan Paid in Full 0 7.200% 360 8 Group 1 5000115889 Loan Paid in Full 0 6.850% 360 8 Group 1 5000117176 Loan Paid in Full (1) 7.600% 360 8 Group 1 5000117293 Loan Paid in Full 0 7.750% 360 8 Group 1 5000118177 Loan Paid in Full (1) 7.300% 360 8 Group 1 5000119250 Loan Paid in Full (1) 6.850% 360 8 Group 1 5000119807 Loan Paid in Full 0 6.200% 360 7 Group 1 5000119822 Loan Paid in Full 4 6.050% 360 8 Group 1 5000120027 Loan Paid in Full (1) 5.990% 360 7 Group 1 5000120228 Loan Paid in Full (1) 7.700% 360 7 Group 1 5000121029 Loan Paid in Full 0 8.950% 360 8 Group 1 5000121709 Loan Paid in Full (1) 6.550% 360 7 Group 1 5000122504 Loan Paid in Full 0 6.840% 360 7 Group 1 5000122528 Loan Paid in Full 0 5.990% 360 7 Group 1 5000123080 Loan Paid in Full 0 5.700% 360 7 Group 1 6000105430 Loan Paid in Full 0 6.150% 360 12 Group 1 6000116987 Loan Paid in Full (1) 8.200% 360 8 Group 1 6000117602 Loan Paid in Full (1) 8.250% 360 8 Group 1 6000117782 Loan Paid in Full (1) 10.200% 360 8 Group 1 6000118121 Loan Paid in Full 2 8.300% 360 8 Group 1 6000118696 Loan Paid in Full (1) 9.250% 360 9 Group 1 6000118875 Loan Paid in Full 0 7.600% 360 8 Group 1 6000119760 Loan Paid in Full (1) 6.200% 360 8 Group 1 6000119769 Loan Paid in Full 0 8.300% 360 8 Group 1 6000120149 Loan Paid in Full 4 6.850% 360 8 Group 1 6000120159 Loan Paid in Full (1) 8.250% 360 8 Group 1 6000120387 Loan Paid in Full 0 7.000% 360 7 Group 1 6000120521 Loan Paid in Full (1) 7.300% 360 8 Group 1 6000120853 Loan Paid in Full (1) 8.100% 360 8 Group 1 6000120912 Loan Paid in Full (1) 6.550% 360 8 Group 1 6000121032 Loan Paid in Full (1) 7.950% 360 8 Group 1 6000121481 Loan Paid in Full (1) 6.800% 360 8 Group 1 6000121589 Loan Paid in Full (1) 7.850% 360 8 Group 1 6000122424 Loan Paid in Full 0 7.500% 360 8 Group 1 6000122902 Loan Paid in Full (1) 9.990% 360 7 Group 1 6000122914 Loan Paid in Full 1 5.950% 360 7 Group 1 6000122985 Loan Paid in Full (1) 6.900% 360 7 Group 1 6000123477 Loan Paid in Full 0 9.300% 360 7 Group 1 6000123743 Loan Paid in Full (1) 7.350% 360 7 Group 1 6000124052 Loan Paid in Full (1) 11.500% 360 7 Group 1 6000124430 Loan Paid in Full (1) 6.750% 360 7 Group 1 7000000957 Loan Paid in Full 0 7.850% 360 8 Group 1 7000118688 Loan Paid in Full 1 6.990% 360 8 Group 1 7000119088 Loan Paid in Full 0 6.990% 360 8 Group 1 7000119265 Loan Paid in Full 0 6.990% 360 8 Group 1 7000120162 Loan Paid in Full (1) 6.400% 360 8 Group 1 7000121363 Loan Paid in Full (1) 7.750% 360 8 Group 1 7000121583 Loan Paid in Full 0 6.700% 360 8 Group 1 7000122645 Loan Paid in Full (1) 6.400% 360 7 Group 1 7000122978 Loan Paid in Full (1) 6.500% 360 7 Group 1 7000123098 Loan Paid in Full 0 6.000% 360 7 Group 1 7000123114 Loan Paid in Full (1) 7.580% 360 7 Group 1 7000124433 Loan Paid in Full 0 5.500% 360 7 Group 1 7000125179 Loan Paid in Full (1) 7.150% 360 7 Group 1 7000125403 Loan Paid in Full (1) 6.700% 360 7 Group 1 8000022843 Loan Paid in Full 0 8.650% 360 8 Group 1 8000022984 Loan Paid in Full (1) 9.250% 360 8 Group 1 8000024172 Loan Paid in Full (1) 7.500% 360 8 Group 1 8000024778 Loan Paid in Full 0 8.700% 360 8 Group 1 8000025118 Loan Paid in Full 0 7.500% 360 8 Group 1 8000025237 Loan Paid in Full (1) 7.700% 360 8 Group 1 8000025837 Loan Paid in Full (1) 8.600% 360 7 Group 1 8000026370 Loan Paid in Full 0 6.900% 360 7 Group 1 8000026565 Loan Paid in Full 0 8.700% 360 7 Group 1 8000027295 Loan Paid in Full 0 6.250% 360 7 Group 1 8000027346 Loan Paid in Full (1) 6.350% 360 7 Group 1 8000027520 Loan Paid in Full (1) 5.250% 360 7 Group 1 8000027709 Loan Paid in Full 0 7.500% 360 7 Group 1 8000027868 Loan Paid in Full 0 9.000% 360 7 Group 1 8000028221 Loan Paid in Full 0 6.550% 360 7 Group 1 8000028339 Loan Paid in Full 0 6.300% 360 7 Group 1 8000029114 Loan Paid in Full 0 8.600% 360 7 Group 2 0000000924 Loan Paid in Full 0 12.500% 180 9 Group 2 0000001554 Loan Paid in Full 3 11.500% 180 8 Group 2 0000001687 Loan Paid in Full 0 10.625% 180 7 Group 2 0000001719 Loan Paid in Full (1) 9.000% 180 7 Group 2 0003131669 Loan Paid in Full 0 11.250% 360 7 Group 2 0003550590 Loan Paid in Full (1) 10.125% 360 7 Group 2 0003550628 Loan Paid in Full (1) 11.000% 360 7 Group 2 0003550841 Loan Paid in Full 0 10.875% 360 7 Group 2 0003550866 Loan Paid in Full 0 10.625% 360 7 Group 2 0003858535 Loan Paid in Full 0 9.750% 360 7 Group 2 0003859546 Loan Paid in Full 0 11.000% 180 7 Group 2 0004101508 Loan Paid in Full 0 11.200% 180 7 Group 2 0004113219 Loan Paid in Full (1) 11.750% 360 7 Group 2 0004113397 Loan Paid in Full 0 11.000% 180 7 Group 2 0004601632 Loan Paid in Full (1) 9.750% 180 7 Group 2 0004701599 Loan Paid in Full (1) 11.250% 180 7 Group 2 0021025781 Loan Paid in Full 0 11.375% 180 7 Group 2 0021028651 Loan Paid in Full (1) 10.875% 180 6 Group 2 1000198356 Loan Paid in Full (1) 9.500% 360 8 Group 2 1000198533 Loan Paid in Full (1) 6.990% 360 8 Group 2 1000199062 Loan Paid in Full (1) 10.990% 360 9 Group 2 1000199449 Loan Paid in Full 0 7.350% 360 8 Group 2 1000199905 Loan Paid in Full 0 11.990% 120 8 Group 2 1000201615 Loan Paid in Full 0 5.990% 360 8 Group 2 1000202417 Loan Paid in Full (1) 11.000% 360 8 Group 2 1000203199 Loan Paid in Full (1) 8.500% 240 8 Group 2 1000203688 Loan Paid in Full (1) 8.725% 360 8 Group 2 1000203951 Loan Paid in Full (1) 8.875% 360 8 Group 2 1000204482 Loan Paid in Full (1) 10.125% 360 7 Group 2 1000204503 Loan Paid in Full 0 6.250% 360 7 Group 2 1000204545 Loan Paid in Full (1) 11.500% 360 8 Group 2 1000205618 Loan Paid in Full 0 9.900% 360 7 Group 2 1000206037 Loan Paid in Full 0 9.475% 360 7 Group 2 1000206768 Loan Paid in Full 0 6.150% 360 7 Group 2 1000206860 Loan Paid in Full (1) 6.300% 360 7 Group 2 1000206867 Loan Paid in Full (1) 11.000% 360 7 Group 2 1000208217 Loan Paid in Full 0 5.990% 360 7 Group 2 1000208528 Loan Paid in Full 0 5.990% 360 7 Group 2 4303005634 Loan Paid in Full (1) 11.625% 180 11 Group 2 4303005873 Loan Paid in Full (1) 12.990% 180 14 Group 2 4303006677 Loan Paid in Full 0 8.750% 180 12 Group 2 4303006692 Loan Paid in Full (1) 8.875% 180 12 Group 2 4303006728 Loan Paid in Full (1) 8.500% 180 12 Group 2 4303006754 Loan Paid in Full (1) 8.000% 180 12 Group 2 4303007596 Loan Paid in Full 0 11.000% 180 9 Group 2 4303007598 Loan Paid in Full (1) 9.875% 180 9 Group 2 5000115973 Loan Paid in Full 0 10.500% 360 8 Group 2 5000116069 Loan Paid in Full 0 12.500% 120 8 Group 2 5000118147 Loan Paid in Full (1) 11.500% 180 8 Group 2 5000118199 Loan Paid in Full (1) 11.500% 360 8 Group 2 5000123117 Loan Paid in Full 0 9.380% 360 7 Group 2 6000120199 Loan Paid in Full (1) 12.250% 120 8 Group 2 6000121077 Loan Paid in Full 0 7.500% 360 8 Group 2 6000121122 Loan Paid in Full (1) 12.525% 360 8 Group 2 6000121533 Loan Paid in Full (1) 11.400% 360 8 Group 2 6000122873 Loan Paid in Full 0 12.250% 120 7 Group 2 6000123713 Loan Paid in Full (1) 10.125% 240 7 Group 2 6000124071 Loan Paid in Full (1) 8.750% 360 7 Group 2 6000125641 Loan Paid in Full 0 10.125% 180 7 Group 2 6000125916 Loan Paid in Full (1) 8.875% 240 7 Group 2 7000118584 Loan Paid in Full 0 7.990% 360 8 Group 2 7000118924 Loan Paid in Full (1) 11.500% 360 8 Group 2 7000119714 Loan Paid in Full 0 11.750% 180 8 Group 2 7000122751 Loan Paid in Full (1) 11.000% 360 7 Group 2 7000124006 Loan Paid in Full (1) 10.625% 360 7 Group 2 8000025266 Loan Paid in Full (1) 11.900% 120 8 Group 2 8000027454 Loan Paid in Full (1) 12.250% 180 7 Group 2 8000027666 Loan Paid in Full 0 10.625% 180 7 Group 3 0000000818 Loan Paid in Full 0 5.875% 360 9 Group 3 0003367848 Loan Paid in Full 0 6.500% 360 7 Group 3 1000199118 Loan Paid in Full (1) 5.990% 360 8 Group 3 1000201725 Loan Paid in Full 0 6.750% 360 8 Group 3 1000202941 Loan Paid in Full (1) 5.600% 360 8 Group 3 1000204274 Loan Paid in Full 0 6.650% 360 8 Group 3 1000204275 Loan Paid in Full (1) 5.650% 360 8 Group 3 1000204440 Loan Paid in Full (1) 5.700% 360 8 Group 3 1000204442 Loan Paid in Full (1) 5.990% 360 8 Group 3 1000205223 Loan Paid in Full 0 6.500% 360 8 Group 3 1000205930 Loan Paid in Full (1) 7.200% 360 7 Group 3 1000205975 Loan Paid in Full 0 6.250% 360 7 Group 3 1000208294 Loan Paid in Full 0 6.100% 360 7 Group 3 1000209991 Loan Paid in Full 1 7.850% 360 7 Group 3 6000124885 Loan Paid in Full (1) 7.800% 360 7 Group 3 7000118564 Loan Paid in Full 0 7.100% 360 8 Group 3 7000118738 Loan Paid in Full 0 6.100% 360 9 Group 3 7000120593 Loan Paid in Full 0 6.400% 360 8 Group 3 7000122264 Loan Paid in Full (1) 7.250% 360 8 Group 3 7000122884 Loan Paid in Full 2 5.900% 360 7 Group 3 7000123886 Loan Paid in Full (1) 6.400% 360 7 Group 3 7000124472 Loan Paid in Full 1 8.500% 360 7 Group 3 8000026725 Loan Paid in Full 0 6.800% 360 8 Group 4 0000000819 Loan Paid in Full 0 9.500% 180 9 Group 4 0003367947 Loan Paid in Full 0 11.000% 180 7 Group 4 0004100669 Loan Paid in Full (1) 11.500% 180 7 Group 4 1000192732 Loan Paid in Full (1) 11.375% 360 8 Group 4 1000199144 Loan Paid in Full (1) 10.490% 360 8 Group 4 1000201154 Loan Paid in Full (1) 11.500% 180 8 Group 4 1000201237 Loan Paid in Full (1) 8.990% 360 8 Group 4 1000204555 Loan Paid in Full (1) 10.750% 360 8 Group 4 1000205781 Loan Paid in Full (1) 12.250% 180 7 Group 4 7000119138 Loan Paid in Full 0 9.990% 360 9 Group 4 7000121605 Loan Paid in Full 0 9.990% 360 8 Group 4 7000123959 Loan Paid in Full (1) 9.749% 360 7 Group 4 7000124423 Loan Paid in Full 0 10.500% 360 7 Group 4 8000022616 Loan Paid in Full 0 6.500% 360 8 Group 4 8000026763 Loan Paid in Full (1) 9.625% 360 8

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 34.~~641~~376% Current Month 3541.~~922~~544% Current Month 2,~~347~~401.~~134~~507% 3 Month Average 3.~~217~~689% 3 Month Average 3236.~~410~~168% 3 Month Average 2,~~451~~360.~~810~~596% 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. ~~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 4.556% N/A Feb-2005 1,352.692% N/A Mar-2005 13.548% N/A Mar-2005 2,531.312% N/A Apr-2005 16.778% N/A Apr-2005 2,285.517% N/A May-2005 22.318% N/A May-2005 2,393.499% N/A Jun-2005 30.270% N/A Jun-2005 2,675.148% N/A Jul-2005 31.037% N/A Jul-2005 2,333.148% N/A Aug-2005 35.922% N/A Aug-2005 2,347.134% N/A Sep-2005 41.544% N/A Sep-2005 2,401.507% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 SMM CPR PSA Current Month 34.~~700~~531% Current Month 3642.~~388~~676% Current Month 2,~~389~~476.~~271~~927% 3 Month Average 3.~~357~~883% 3 Month Average 3337.~~576~~729% 3 Month Average 2,~~553~~482.~~418~~216% 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. ~~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 4.752% N/A Feb-2005 1,456.676% N/A Mar-2005 13.648% N/A Mar-2005 2,597.209% N/A Apr-2005 19.164% N/A Apr-2005 2,642.095% N/A May-2005 21.402% N/A May-2005 2,316.028% N/A Jun-2005 30.216% N/A Jun-2005 2,690.531% N/A Jul-2005 34.124% N/A Jul-2005 2,580.451% N/A Aug-2005 36.388% N/A Aug-2005 2,389.271% N/A Sep-2005 42.676% N/A Sep-2005 2,476.927% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2 SMM CPR PSA Current Month 24.~~749~~870% Current Month 2845.~~434~~071% Current Month 12,~~755~~482.~~769~~620% 3 Month Average 23.~~536~~442% 3 Month Average 2633.~~485~~851% 3 Month Average 12,~~870~~072.~~061~~071% 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. ~~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 3.612% N/A Feb-2005 814.145% N/A Mar-2005 14.313% N/A Mar-2005 2,249.856% N/A Apr-2005 13.319% N/A Apr-2005 1,606.582% N/A May-2005 15.516% N/A May-2005 1,511.489% N/A Jun-2005 22.974% N/A Jun-2005 1,876.590% N/A Jul-2005 28.048% N/A Jul-2005 1,977.824% N/A Aug-2005 28.434% N/A Aug-2005 1,755.769% N/A Sep-2005 45.071% N/A Sep-2005 2,482.620% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 3 SMM CPR PSA Current Month 43.~~131~~945% Current Month 3938.~~723~~306% Current Month 2,~~658~~260.~~209~~959% 3 Month Average 3.~~372~~460% 3 Month Average 3334.~~459~~145% 3 Month Average 2,~~614~~267.~~990~~285% 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. ~~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 4.379% N/A Feb-2005 1,450.779% N/A Mar-2005 13.955% N/A Mar-2005 2,784.229% N/A Apr-2005 13.863% N/A Apr-2005 1,979.972% N/A May-2005 27.811% N/A May-2005 3,098.943% N/A Jun-2005 36.247% N/A Jun-2005 3,304.073% N/A Jul-2005 24.406% N/A Jul-2005 1,882.688% N/A Aug-2005 39.723% N/A Aug-2005 2,658.209% N/A Sep-2005 38.306% N/A Sep-2005 2,260.959% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 4 SMM CPR PSA Current Month 32.~~010~~469% Current Month 3025.~~705~~919% Current Month 1,~~983~~481.~~976~~010% 3 Month Average 2.~~296~~516% 3 Month Average 2426.~~185~~266% 3 Month Average 1,~~780~~703.~~866~~041% 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. ~~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 5.371% N/A Feb-2005 1,525.828% N/A Mar-2005 6.685% N/A Mar-2005 1,215.109% N/A Apr-2005 1.887% N/A Apr-2005 251.070% N/A May-2005 27.900% N/A May-2005 2,941.144% N/A Jun-2005 19.675% N/A Jun-2005 1,714.484% N/A Jul-2005 22.174% N/A Jul-2005 1,644.137% N/A Aug-2005 30.705% N/A Aug-2005 1,983.976% N/A Sep-2005 25.919% N/A Sep-2005 1,481.010% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary

MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 4 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~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 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Filing Compare · ACE Securities Corp Home Equity Series 2005-HE1