8-K 1 ace05he3_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-HE3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-123741-01 Pooling and Servicing Agreement) (Commission 54-2173089 (State or other File Number) 54-2173090 jurisdiction 54-2173091 of Incorporation) IRS EIN 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-HE3 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-HE3 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-HE3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 10/4/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE3 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-HE3 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 004421MX8 SEN 3.~~68000~~86125% ~~352~~342,~~563~~910,~~240~~468.3933 1,~~117~~176,~~233~~944.7493 A-1B 004421MY6 SEN 3.~~72000~~90125% 8885,~~141~~728,~~767~~548.3007 ~~282~~297,~~347~~287.4655 A-2A 004421MZ3 SEN 3.~~56000~~74125% ~~203~~194,~~087~~281,~~859~~146.6417 ~~622~~646,~~577~~092.1274 A-2B 004421NA7 SEN 3.~~67000~~85125% 119,685,000.00 ~~378~~409,~~237~~721.8565 A-2C 004421NB5 SEN 3.~~78000~~96125% 49,096,000.00 ~~159~~172,~~807~~872.4847 M-1 004421NC3 MEZ 34.~~89000~~07125% 58,358,000.00 ~~195~~211,~~483~~191.0912 M-2 004421ND1 MEZ 34.~~91000~~09125% 35,451,000.00 ~~119~~128,~~361~~923.5547 M-3 004421NE9 MEZ 34.~~93000~~11125% 22,362,000.00 7581,~~676~~720.7469 M-4 004421NF6 MEZ 4.~~09000~~27125% 19,634,000.00 6974,~~149~~543.8675 M-5 004421NG4 MEZ 4.~~12000~~30125% 18,544,000.00 6570,~~789~~899.9989 M-6 004421NH2 MEZ 4.~~15000~~33125% 17,998,000.00 6469,~~317~~292.8530 M-7 004421NJ8 MEZ 4.~~76000~~94125% 14,180,000.00 5862,~~122~~281.2471 M-8 004421NK5 MEZ 4.~~81000~~99125% 13,090,000.00 5458,~~218~~075.0597 M-9 004421NL3 MEZ 5.~~26000~~44125% 10,908,000.00 4952,~~407~~758.1836 B-1 004421NM1 SUB 6.~~71000~~89125% 6,545,000.00 3740,~~817~~091.3776 B-2 004421NN9 SUB 6.~~71000~~89125% 10,908,000.00 6366,~~027~~817.0356 B-3 004421NP4 SUB 6.~~71000~~89125% 8,181,000.00 4750,~~270~~113.2717 CE ACE05H2CE SEN 0.00000% 5,454,025.98 2,~~404~~073,~~307~~140.1939 P ACE05HE2P SEN 0.00000% 100.00 ~~361~~506,~~468~~322.6285 R-1 ACE05H3R1 SEN 0.00000% 0.00 0.00 Totals 1,~~054~~033,~~186~~314,~~993~~288.3155 6,~~225~~249,~~620~~092.6833

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1A 915,~~652~~123,~~772~~432.0609 0.00 ~~342~~327,~~910~~787,~~468~~036.3324 1016,~~770~~300,~~005~~377.8002 0.00 A-1B 23,~~413~~780,~~219~~899.2208 0.00 8581,~~728~~947,~~548~~648.0799 24,~~695~~078,~~566~~186.6863 0.00 A-2A 813,~~806~~673,~~713~~272.4771 0.00 ~~194~~180,~~281~~607,~~146~~873.1746 914,~~429~~319,~~290~~365.5945 0.00 A-2B 0.00 0.00 119,685,000.00 ~~378~~409,~~237~~721.8565 0.00 A-2C 0.00 0.00 49,096,000.00 ~~159~~172,~~807~~872.4847 0.00 M-1 0.00 0.00 58,358,000.00 ~~195~~211,~~483~~191.0912 0.00 M-2 0.00 0.00 35,451,000.00 ~~119~~128,~~361~~923.5547 0.00 M-3 0.00 0.00 22,362,000.00 7581,~~676~~720.7469 0.00 M-4 0.00 0.00 19,634,000.00 6974,~~149~~543.8675 0.00 M-5 0.00 0.00 18,544,000.00 6570,~~789~~899.9989 0.00 M-6 0.00 0.00 17,998,000.00 6469,~~317~~292.8530 0.00 M-7 0.00 0.00 14,180,000.00 5862,~~122~~281.2471 0.00 M-8 0.00 0.00 13,090,000.00 5458,~~218~~075.0597 0.00 M-9 0.00 0.00 10,908,000.00 4952,~~407~~758.1836 0.00 B-1 0.00 0.00 6,545,000.00 3740,~~817~~091.3776 0.00 B-2 0.00 0.00 10,908,000.00 6366,~~027~~817.0356 0.00 B-3 0.00 0.00 8,181,000.00 4750,~~270~~113.2717 0.00 CE 0.00 0.00 5,454,025.98 2,~~404~~073,~~307~~140.1939 0.00 P 0.00 0.00 100.00 ~~361~~506,~~468~~322.6285 0.00 R-1 0.00 0.00 0.00 0.00 0.00 Totals 2032,~~872~~577,~~704~~603.7588 0.00 1,~~033~~000,~~314~~736,~~288~~684.5567 2738,~~098~~826,~~325~~696.4321 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 368,328,000.00 ~~352~~342,~~563~~910,~~240~~468.3933 0.00 915,~~652~~123,~~772~~432.0609 0.00 0.00 A-1B 92,083,000.00 8885,~~141~~728,~~767~~548.3007 0.00 23,~~413~~780,~~219~~899.2208 0.00 0.00 A-2A 220,000,000.00 ~~203~~194,~~087~~281,~~859~~146.6417 0.00 813,~~806~~673,~~713~~272.4771 0.00 0.00 A-2B 119,685,000.00 119,685,000.00 0.00 0.00 0.00 0.00 A-2C 49,096,000.00 49,096,000.00 0.00 0.00 0.00 0.00 M-1 58,358,000.00 58,358,000.00 0.00 0.00 0.00 0.00 M-2 35,451,000.00 35,451,000.00 0.00 0.00 0.00 0.00 M-3 22,362,000.00 22,362,000.00 0.00 0.00 0.00 0.00 M-4 19,634,000.00 19,634,000.00 0.00 0.00 0.00 0.00 M-5 18,544,000.00 18,544,000.00 0.00 0.00 0.00 0.00 M-6 17,998,000.00 17,998,000.00 0.00 0.00 0.00 0.00 M-7 14,180,000.00 14,180,000.00 0.00 0.00 0.00 0.00 M-8 13,090,000.00 13,090,000.00 0.00 0.00 0.00 0.00 M-9 10,908,000.00 10,908,000.00 0.00 0.00 0.00 0.00 B-1 6,545,000.00 6,545,000.00 0.00 0.00 0.00 0.00 B-2 10,908,000.00 10,908,000.00 0.00 0.00 0.00 0.00 B-3 8,181,000.00 8,181,000.00 0.00 0.00 0.00 0.00 CE 5,454,097.00 5,454,025.98 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,090,805,197.00 1,~~054~~033,~~186~~314,~~993~~288.3155 0.00 2032,~~872~~577,~~704~~603.7588 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 915,~~652~~123,~~772~~432.0609 ~~342~~327,~~910~~787,~~468~~036.3324 0.~~93099213~~88993244 915,~~652~~123,~~772~~432.0609 A-1B 23,~~413~~780,~~219~~899.2208 8581,~~728~~947,~~548~~648.0799 0.~~93099213~~88993244 23,~~413~~780,~~219~~899.2208 A-2A 813,~~806~~673,~~713~~272.4771 ~~194~~180,~~281~~607,~~146~~873.1746 0.~~88309612~~82094488 813,~~806~~673,~~713~~272.4771 A-2B 0.00 119,685,000.00 1.00000000 0.00 A-2C 0.00 49,096,000.00 1.00000000 0.00 M-1 0.00 58,358,000.00 1.00000000 0.00 M-2 0.00 35,451,000.00 1.00000000 0.00 M-3 0.00 22,362,000.00 1.00000000 0.00 M-4 0.00 19,634,000.00 1.00000000 0.00 M-5 0.00 18,544,000.00 1.00000000 0.00 M-6 0.00 17,998,000.00 1.00000000 0.00 M-7 0.00 14,180,000.00 1.00000000 0.00 M-8 0.00 13,090,000.00 1.00000000 0.00 M-9 0.00 10,908,000.00 1.00000000 0.00 B-1 0.00 6,545,000.00 1.00000000 0.00 B-2 0.00 10,908,000.00 1.00000000 0.00 B-3 0.00 8,181,000.00 1.00000000 0.00 CE 0.00 5,454,025.98 0.99998698 0.00 P 0.00 100.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 Totals 2032,~~872~~577,~~704~~603.7588 1,~~033~~000,~~314~~736,~~288~~684.5567 0.~~94729498~~91742933 2032,~~872~~577,~~704~~603.7588

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1A 368,328,000.00 ~~957~~930.~~19912792~~99212748 0.00000000 2641.~~20700045~~05968618 0.00000000 A-1B 92,083,000.00 ~~957~~930.~~19912796~~99212743 0.00000000 2641.~~20700042~~05968615 0.00000000 A-2A 220,000,000.00 ~~923~~883.~~12663473~~09611895 0.00000000 4062.~~03051577~~15123959 0.00000000 A-2B 119,685,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 49,096,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 58,358,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 35,451,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 22,362,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 19,634,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 18,544,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 17,998,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 14,180,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 13,090,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 10,908,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 6,545,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 10,908,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 8,181,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 5,454,097.00 999.98697860 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 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 2641.~~20700045~~05968618 ~~930~~889.~~99212748~~93244130 0.~~93099213~~88993244 2641.~~20700045~~05968618 A-1B 0.00000000 2641.~~20700042~~05968615 ~~930~~889.~~99212743~~93244128 0.~~93099213~~88993244 2641.~~20700042~~05968615 A-2A 0.00000000 4062.~~03051577~~15123959 ~~883~~820.~~09611895~~94487936 0.~~88309612~~82094488 4062.~~03051577~~15123959 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 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 999.98697860 0.99998698 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 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 368,328,000.00 3.~~68000~~86125% ~~352~~342,~~563~~910,~~240~~468.3933 1,~~117~~176,~~233~~944.7493 0.00 0.00 A-1B 92,083,000.00 3.~~72000~~90125% 8885,~~141~~728,~~767~~548.3007 ~~282~~297,~~347~~287.4655 0.00 0.00 A-2A 220,000,000.00 3.~~56000~~74125% ~~203~~194,~~087~~281,~~859~~146.6417 ~~622~~646,~~577~~092.1274 0.00 0.00 A-2B 119,685,000.00 3.~~67000~~85125% 119,685,000.00 ~~378~~409,~~237~~721.8565 0.00 0.00 A-2C 49,096,000.00 3.~~78000~~96125% 49,096,000.00 ~~159~~172,~~807~~872.4847 0.00 0.00 M-1 58,358,000.00 34.~~89000~~07125% 58,358,000.00 ~~195~~211,~~483~~191.0912 0.00 0.00 M-2 35,451,000.00 34.~~91000~~09125% 35,451,000.00 ~~119~~128,~~361~~923.5547 0.00 0.00 M-3 22,362,000.00 34.~~93000~~11125% 22,362,000.00 7581,~~676~~720.7469 0.00 0.00 M-4 19,634,000.00 4.~~09000~~27125% 19,634,000.00 6974,~~149~~543.8675 0.00 0.00 M-5 18,544,000.00 4.~~12000~~30125% 18,544,000.00 6570,~~789~~899.9989 0.00 0.00 M-6 17,998,000.00 4.~~15000~~33125% 17,998,000.00 6469,~~317~~292.8530 0.00 0.00 M-7 14,180,000.00 4.~~76000~~94125% 14,180,000.00 5862,~~122~~281.2471 0.00 0.00 M-8 13,090,000.00 4.~~81000~~99125% 13,090,000.00 5458,~~218~~075.0597 0.00 0.00 M-9 10,908,000.00 5.~~26000~~44125% 10,908,000.00 4952,~~407~~758.1836 0.00 0.00 B-1 6,545,000.00 6.~~71000~~89125% 6,545,000.00 3740,~~817~~091.3776 0.00 0.00 B-2 10,908,000.00 6.~~71000~~89125% 10,908,000.00 6366,~~027~~817.0356 0.00 0.00 B-3 8,181,000.00 6.~~71000~~89125% 8,181,000.00 4750,~~270~~113.2717 0.00 0.00 CE 5,454,097.00 0.00000% 1,~~054~~033,~~186~~314,~~993~~288.3156 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,090,805,197.00 3,~~459~~669,~~844~~629.8709 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 1,~~117~~176,~~233~~944.7493 0.00 ~~342~~327,~~910~~787,~~468~~036.3324 A-1B 0.00 0.00 ~~282~~297,~~347~~287.4655 0.00 8581,~~728~~947,~~548~~648.0799 A-2A 0.00 0.00 ~~622~~646,~~577~~092.1274 0.00 ~~194~~180,~~281~~607,~~146~~873.1746 A-2B 0.00 0.00 ~~378~~409,~~237~~721.8565 0.00 119,685,000.00 A-2C 0.00 0.00 ~~159~~172,~~807~~872.4847 0.00 49,096,000.00 M-1 0.00 0.00 ~~195~~211,~~483~~191.0912 0.00 58,358,000.00 M-2 0.00 0.00 ~~119~~128,~~361~~923.5547 0.00 35,451,000.00 M-3 0.00 0.00 7581,~~676~~720.7469 0.00 22,362,000.00 M-4 0.00 0.00 6974,~~149~~543.8675 0.00 19,634,000.00 M-5 0.00 0.00 6570,~~789~~899.9989 0.00 18,544,000.00 M-6 0.00 0.00 6469,~~317~~292.8530 0.00 17,998,000.00 M-7 0.00 0.00 5862,~~122~~281.2471 0.00 14,180,000.00 M-8 0.00 0.00 5458,~~218~~075.0597 0.00 13,090,000.00 M-9 0.00 0.00 4952,~~407~~758.1836 0.00 10,908,000.00 B-1 0.00 0.00 3740,~~817~~091.3776 0.00 6,545,000.00 B-2 0.00 0.00 6366,~~027~~817.0356 0.00 10,908,000.00 B-3 0.00 0.00 4750,~~270~~113.2717 0.00 8,181,000.00 CE 0.00 0.00 2,~~404~~073,~~307~~140.1939 0.00 1,~~033~~000,~~314~~736,~~288~~684.5668 P 0.00 0.00 ~~361~~506,~~468~~322.6285 0.00 100.00 R-1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 6,~~225~~249,~~620~~092.6833 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 368,328,000.00 3.~~68000~~86125% ~~957~~930.~~19912792~~99212748 3.~~03325769~~19537187 0.00000000 0.00000000 A-1B 92,083,000.00 3.~~72000~~90125% ~~957~~930.~~19912796~~99212743 3.~~06622786~~22847377 0.00000000 0.00000000 A-2A 220,000,000.00 3.~~56000~~74125% ~~923~~883.~~12663473~~09611895 2.~~82989600~~93678518 0.00000000 0.00000000 A-2B 119,685,000.00 3.~~67000~~85125% 1000.00000000 3.~~16027781~~42333333 0.00000000 0.00000000 A-2C 49,096,000.00 3.~~78000~~96125% 1000.00000000 3.~~25500000~~52111109 0.00000000 0.00000000 M-1 58,358,000.00 34.~~89000~~07125% 1000.00000000 3.~~34972223~~61888893 0.00000000 0.00000000 M-2 35,451,000.00 34.~~91000~~09125% 1000.00000000 3.~~36694451~~63666667 0.00000000 0.00000000 M-3 22,362,000.00 34.~~93000~~11125% 1000.00000000 3.~~38416689~~65444459 0.00000000 0.00000000 M-4 19,634,000.00 4.~~09000~~27125% 1000.00000000 3.~~52194459~~79666650 0.00000000 0.00000000 M-5 18,544,000.00 4.~~12000~~30125% 1000.00000000 3.~~54777772~~82333315 0.00000000 0.00000000 M-6 17,998,000.00 4.~~15000~~33125% 1000.00000000 3.~~57361096~~85000000 0.00000000 0.00000000 M-7 14,180,000.00 4.~~76000~~94125% 1000.00000000 4.~~09888858~~39222214 0.00000000 0.00000000 M-8 13,090,000.00 4.~~81000~~99125% 1000.00000000 4.~~14194423~~43666692 0.00000000 0.00000000 M-9 10,908,000.00 5.~~26000~~44125% 1000.00000000 4.~~52944444~~83666667 0.00000000 0.00000000 B-1 6,545,000.00 6.~~71000~~89125% 1000.00000000 56.~~77805500~~12555539 0.00000000 0.00000000 B-2 10,908,000.00 6.~~71000~~89125% 1000.00000000 56.~~77805556~~12555556 0.00000000 0.00000000 B-3 8,181,000.00 6.~~71000~~89125% 1000.00000000 56.~~77805525~~12555556 0.00000000 0.00000000 CE 5,454,097.00 0.00000% ~~193283~~189456.~~50656580~~52938699 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 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 3.~~03325769~~19537187 0.00000000 ~~930~~889.~~99212748~~93244130 A-1B 0.00000000 0.00000000 3.~~06622786~~22847377 0.00000000 ~~930~~889.~~99212743~~93244128 A-2A 0.00000000 0.00000000 2.~~82989600~~93678518 0.00000000 ~~883~~820.~~09611895~~94487936 A-2B 0.00000000 0.00000000 3.~~16027781~~42333333 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 3.~~25500000~~52111109 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.~~34972223~~61888893 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~36694451~~63666667 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~38416689~~65444459 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~52194459~~79666650 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~54777772~~82333315 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.~~57361096~~85000000 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 4.~~09888858~~39222214 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 4.~~14194423~~43666692 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.~~52944444~~83666667 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 56.~~77805500~~12555539 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 56.~~77805556~~12555556 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 56.~~77805525~~12555556 0.00000000 1000.00000000 CE 0.00000000 0.00000000 ~~440~~380.~~82589474~~10698930 0.00000000 ~~189456~~183483.~~52938699~~47759125 P 0.00000000 0.00000000 ~~3614686~~5063228.~~20000000~~50000000 0.00000000 1000.00000000 R-1 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 2738,~~106~~685,~~526~~541.1843 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~296~~376,~~274~~292.7495 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~361~~506,~~468~~322.6285 Total Deposits 2739,~~764~~568,~~269~~157.5423 Withdrawals Reimbursement for Servicer Advances ~~211~~296,~~765~~274.0374 Payment of Service Fee ~~454~~445,~~179~~186.0827 Payment of Interest and Principal 2738,~~098~~826,~~325~~696.4322 Total Withdrawals (Pool Distribution Amount) 2739,~~764~~568,~~269~~157.5423 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~439~~430,~~244~~547.7165 Credit Risk Manager Fee - Murray Hill Company 12,~~298~~055.8937 Master Servicing Fee: Wells Fargo Bank 2,~~635~~583.4825 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~454~~445,~~179~~186.0827

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 514,~~519~~558.7943 514,~~519~~558.7943 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 813 0 0 813 ~~551~~1,~~112~~121,555.0573 0.00 0.00 ~~551~~1,~~112~~121,555.0573 30 Days ~~186~~205 23 0 0 ~~188~~208 2329,~~746~~788,~~034~~506.4434 ~~183~~410,~~379~~247.5315 0.00 0.00 2330,~~929~~198,~~413~~753.9749 60 Days 8694 10 0 0 8794 1312,~~574~~227,~~031~~618.6045 ~~432,000~~0.00 0.00 0.00 1412,~~006~~227,~~031~~618.6045 90 Days 4317 02 043 0 4362 62,~~500~~025,~~504~~507.9274 0485,550.00 06,893,872.0073 0.00 69,~~500~~404,~~504~~930.9247 120 Days 20 1 015 0 036 ~~1 512~~3,~~800~~347,889.00 0106,079.00 02,077,025.00 0.00 ~~512~~5,~~800~~530,993.00 150 Days 0 0 01 0 01 0.00 0.00 0512,800.00 0.00 0512,800.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~316~~336 1119 059 0 ~~327~~414 4447,~~333~~389,~~370~~521.9653 12,~~166~~123,~~491~~431.5888 09,483,697.0073 0.00 4558,~~499~~996,~~862~~651.5414 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.~~121729~~202871% 0.000000% 0.000000% 0.~~121729~~202871% 0.~~053303~~112004% 0.000000% 0.000000% 0.~~053303~~112004% 30 Days 23.~~830189~~199126% 0.~~030432~~046816% 0.000000% 0.000000% 23.~~860621~~245943% 2.~~296689~~974825% 0.~~017736~~040969% 0.000000% 0.000000% 23.~~314425~~015795% 60 Days 1.~~308582~~466916% 0.~~015216~~000000% 0.000000% 0.000000% 1.~~323798~~466916% 1.~~312865~~221110% 0.~~041783~~000000% 0.000000% 0.000000% 1.~~354647~~221110% 90 Days 0.~~654291~~265293% 0.~~000000~~031211% 0.~~000000~~671036% 0.000000% 0.~~654291~~967541% 0.~~628721~~202277% 0.~~000000~~048489% 0.~~000000~~688456% 0.000000% 0.~~628721~~939222% 120 Days 0.~~015216~~312110% 0.~~000000~~015605% 0.~~000000~~234082% 0.000000% 0.~~015216~~561798% 0.~~049597~~334337% 0.~~000000~~010594% 0.~~000000~~207422% 0.000000% 0.~~049597~~552352% 150 Days 0.000000% 0.000000% 0.~~000000~~015605% 0.000000% 0.~~000000~~015605% 0.000000% 0.000000% 0.~~000000~~051211% 0.000000% 0.~~000000~~051211% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 45.~~808278~~243446% 0.~~167377~~296504% 0.~~000000~~920724% 0.000000% 46.~~975654~~460674% 4.~~287873~~732549% 0.~~112822~~212056% 0.~~000000~~947088% 0.000000% 45.~~400694~~891693%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I SubGrp I 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 12 0 0 12 2982,~~927~~635.8106 0.00 0.00 2982,~~927~~635.8106 30 Days 2527 10 0 0 2627 1,~~399~~990,~~917~~541.9546 ~~99,818~~0.5300 0.00 0.00 1,~~499~~990,~~736~~541.4846 60 Days 714 0 0 0 714 ~~290~~662,~~783~~275.4554 0.00 0.00 0.00 ~~290~~662,~~783~~275.4554 90 Days 96 0 0 0 96 ~~796~~265,~~207~~791.0066 0.00 0.00 0.00 ~~796~~265,~~207~~791.0066 120 Days 08 0 0 0 08 0720,772.00 0.00 0.00 0.00 0720,772.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4155 2 0 0 4357 23,~~486~~639,~~908~~380.4066 ~~129~~82,~~746~~635.3406 0.00 0.00 23,~~616~~722,~~654~~015.7472 0-29 Days 0.~~071225~~144509% 0.000000% 0.000000% 0.~~071225~~144509% 0.~~030313~~085690% 0.000000% 0.000000% 0.~~030313~~085690% 30 Days 1.~~780627~~950867% 0.~~071225~~000000% 0.000000% 0.000000% 1.~~851852~~950867% 12.~~417944~~064122% 0.~~101104~~000000% 0.000000% 0.000000% 12.~~519048~~064122% 60 Days 01.~~498575~~011561% 0.000000% 0.000000% 0.000000% 01.~~498575~~011561% 0.~~294528~~686757% 0.000000% 0.000000% 0.000000% 0.~~294528~~686757% 90 Days 0.~~641026~~433526% 0.000000% 0.000000% 0.000000% 0.~~641026~~433526% 0.~~806460~~275617% 0.000000% 0.000000% 0.000000% 0.~~806460~~275617% 120 Days 0.~~000000~~578035% 0.000000% 0.000000% 0.000000% 0.~~000000~~578035% 0.~~000000~~747415% 0.000000% 0.000000% 0.000000% 0.~~000000~~747415% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~920228~~973988% 0.~~142450~~144509% 0.000000% 0.000000% 34.~~062678~~118497% 23.~~518932~~773910% 0.~~131417~~085690% 0.000000% 0.000000% 23.~~650349~~859600% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I SubGrp II 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 68 0 0 68 ~~482~~623,~~385~~606.3068 0.00 0.00 ~~482~~623,~~385~~606.3068 30 Days ~~123~~128 12 0 0 ~~124~~130 1416,~~925~~026,~~961~~643.4508 83253,~~561~~231.0090 0.00 0.00 1516,~~009~~279,~~522~~874.4598 60 Days 5860 0 0 0 5860 67,~~793~~188,~~322~~483.1524 0.00 0.00 0.00 67,~~793~~188,~~322~~483.1524 90 Days 237 01 031 0 2339 2670,~~569,975~~993.9269 053,550.00 03,377,529.0085 0.00 24,~~569~~102,~~975~~073.9254 120 Days 05 01 012 0 018 0562,797.00 0106,079.00 01,468,250.00 0.00 02,137,126.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~204~~200 712 043 0 ~~211~~255 24,~~289~~448,~~259~~917.5201 ~~565~~1,~~946~~036,467.3058 04,845,779.0085 0.00 2430,~~855~~331,~~205~~164.8244 0-29 Days 0.~~183318~~251493% 0.000000% 0.000000% 0.~~183318~~251493% 0.~~104585~~140252% 0.000000% 0.000000% 0.~~104585~~140252% 30 Days 34.~~758020~~023892% 0.~~030553~~062873% 0.000000% 0.000000% 34.~~788573~~086765% 3.~~236068~~604473% 0.~~018117~~056953% 0.000000% 0.000000% 3.~~254185~~661426% 60 Days 1.~~772075~~886199% 0.000000% 0.000000% 0.000000% 1.~~772075~~886199% 1.~~472847~~616726% 0.000000% 0.000000% 0.000000% 1.~~472847~~616726% 90 Days 0.~~702719~~220057% 0.~~000000~~031437% 0.~~000000~~974536% 0.000000% 01.~~702719~~226030% 0.~~557191~~150910% 0.~~000000~~012044% 0.~~000000~~759624% 0.000000% 0.~~557191~~922577% 120 Days 0.~~000000~~157183% 0.~~000000~~031437% 0.~~000000~~377240% 0.000000% 0.~~000000~~565860% 0.~~000000~~126576% 0.~~000000~~023858% 0.~~000000~~330217% 0.000000% 0.~~000000~~480650% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 6.~~232814~~287331% 0.~~213871~~377240% 01.~~000000~~351776% 0.000000% 68.~~446685~~016347% 5.~~266106~~498685% 0.~~122702~~233107% 01.~~000000~~089840% 0.000000% 56.~~388808~~821632% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp II SubGrp I 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 38,~~798~~785.9434 0.00 0.00 38,~~798~~785.9434 30 Days 1512 0 0 0 1512 1879,~~302,901~~025.4695 0.00 0.00 0.00 1879,~~302,901~~025.4695 60 Days 36 0 0 0 36 ~~143~~707,~~477~~323.1827 0.00 0.00 0.00 ~~143~~707,~~477~~323.1827 90 Days 12 0 0 0 12 ~~125~~107,~~000~~839.0021 0.00 0.00 0.00 ~~125~~107,~~000~~839.0021 120 Days 01 0 0 0 01 0125,000.00 0.00 0.00 0.00 0125,000.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1921 1 0 0 2022 1,~~571~~819,~~378~~188.6443 38,~~798~~785.9434 0.00 0.00 1,~~610~~857,~~177~~973.5877 0-29 Days 0.~~165563~~170940% 0.000000% 0.000000% 0.~~165563~~170940% 0.~~062192~~063732% 0.000000% 0.000000% 0.~~062192~~063732% 30 Days 2.~~483444~~051282% 0.000000% 0.000000% 0.000000% 2.~~483444~~051282% 21.~~088457~~444404% 0.000000% 0.000000% 0.000000% 21.~~088457~~444404% 60 Days 01.~~496689~~025641% 0.000000% 0.000000% 0.000000% 01.~~496689~~025641% 01.~~229984~~162264% 0.000000% 0.000000% 0.000000% 01.~~229984~~162264% 90 Days 0.~~165563~~341880% 0.000000% 0.000000% 0.000000% 0.~~165563~~341880% 0.~~200366~~177200% 0.000000% 0.000000% 0.000000% 0.~~200366~~177200% 120 Days 0.~~000000~~170940% 0.000000% 0.000000% 0.000000% 0.~~000000~~170940% 0.~~000000~~205398% 0.000000% 0.000000% 0.000000% 0.~~000000~~205398% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.~~145695~~589744% 0.~~165563~~170940% 0.000000% 0.000000% 3.~~311258~~760684% 2.~~518807~~989267% 0.~~062192~~063732% 0.000000% 0.000000% 23.~~580999~~052998% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp II SubGrp II 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 02 0 0 02 0376,528.0065 0.00 0.00 0376,528.0065 30 Days 2338 01 0 0 2339 610,~~117~~892,~~253~~295.5885 0157,015.0025 0.00 0.00 611,~~117~~049,~~253~~311.5810 60 Days 1814 10 0 0 1914 63,~~346~~669,~~448~~536.8240 ~~432,000~~0.00 0.00 0.00 63,~~778~~669,~~448~~536.8240 90 Days 102 01 012 0 1015 3980,~~009,322~~883.0018 0432,000.00 03,516,342.0088 0.00 34,~~009~~929,~~322~~226.0006 120 Days 16 0 03 0 19 ~~512~~1,~~800~~939,320.00 0.00 0608,775.00 0.00 ~~512~~2,~~800~~548,095.00 150 Days 0 0 01 0 01 0.00 0.00 0512,800.00 0.00 0512,800.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5260 14 016 0 5380 1517,~~985~~482,~~824~~035.4043 ~~432~~965,~~000~~543.0090 04,637,917.0088 0.00 1623,~~417~~085,~~824~~497.4021 0-29 Days 0.~~000000~~158983% 0.000000% 0.000000% 0.~~000000~~158983% 0.~~000000~~094267% 0.000000% 0.000000% 0.~~000000~~094267% 30 Days 13.~~781565~~020668% 0.~~000000~~079491% 0.000000% 0.000000% 13.~~781565~~100159% 12.~~486312~~726971% 0.~~000000~~039310% 0.000000% 0.000000% 12.~~486312~~766281% 60 Days 1.~~394268~~112878% 0.~~077459~~000000% 0.000000% 0.000000% 1.~~471727~~112878% 10.~~542000~~918697% 0.~~104963~~000000% 0.000000% 0.000000% 10.~~646963~~918697% 90 Days 0.~~774593~~158983% 0.~~000000~~079491% 0.~~000000~~953895% 0.000000% 01.~~774593~~192369% 0.~~731177~~245572% 0.~~000000~~108155% 0.~~000000~~880344% 0.000000% 01.~~731177~~234070% 120 Days 0.~~077459~~476948% 0.000000% 0.~~000000~~238474% 0.000000% 0.~~077459~~715421% 0.~~124595~~485524% 0.000000% 0.~~000000~~152412% 0.000000% 0.~~124595~~637935% 150 Days 0.000000% 0.000000% 0.~~000000~~079491% 0.000000% 0.~~000000~~079491% 0.000000% 0.000000% 0.~~000000~~128383% 0.000000% 0.~~000000~~128383% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.~~027885~~769475% 0.~~077459~~317965% 01.~~000000~~271860% 0.000000% 46.~~105345~~359300% 34.~~884084~~376763% 0.~~104963~~241731% 01.~~000000~~161139% 0.000000% 35.~~989047~~779633%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~296~~376,~~274~~292.7495

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class M-1 183,255,197.00 16.79999302% 183,255,125.98 1718.~~73469389~~31202241% 5.~~647652~~831504% 0.000000% Class M-2 147,804,197.00 13.55000851% 147,804,125.98 14.~~30388872~~76953211% 3.~~430805~~542490% 0.000000% Class M-3 125,442,197.00 11.49996327% 125,442,125.98 12.~~13978432~~53497827% 2.~~164104~~234554% 0.000000% Class M-4 105,808,197.00 9.70000852% 105,808,125.98 10.~~23968478~~57302361% 1.~~900100~~961955% 0.000000% Class B-1 24,543,197.00 2.25000734% 24,543,125.98 2.~~37518500~~45250587% 0.~~633399~~654018% 0.000000% Class B-2 13,635,197.00 1.25001210% 13,635,125.98 1.~~31955264~~36250886% 1.~~055632~~089997% 0.000000% Class B-3 5,454,197.00 0.50001568% 5,454,125.98 0.~~52782837~~54501110% 0.~~791724~~817498% 0.000000% Class CE 100.00 0.00000917% 100.00 0.~~00000968~~00000999% 0.~~527819~~545001% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000010% 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 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 I SubGrp I 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 I SubGrp II 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. Grp II SubGrp I 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. Grp II SubGrp II 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.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 059 ~~Sep~~Oct-04 0.000% Original Principal Balance 09,487,956.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 09,483,697.0073 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 059 ~~Feb~~Mar-05 0.000% Original Principal Balance 09,487,956.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 09,483,697.0073 ~~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~~947% *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 I SubGrp I 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% 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 I SubGrp II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 043 ~~Sep~~Oct-04 0.000% Original Principal Balance 04,847,350.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 04,845,779.0085 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 043 ~~Feb~~Mar-05 0.000% Original Principal Balance 04,847,350.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 04,845,779.0085 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 01.~~000~~090% *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. Grp II SubGrp I 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% 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. Grp II SubGrp II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 016 ~~Sep~~Oct-04 0.000% Original Principal Balance 04,640,606.00 ~~Oct~~Nov-04 0.000% Current Principal Balance 04,637,917.0088 ~~Nov~~Dec-04 0.000% ~~Dec~~Jan-0405 0.000% Current Foreclosure Total ~~Jan~~Feb-05 0.000% Loans in Foreclosure 016 ~~Feb~~Mar-05 0.000% Original Principal Balance 04,640,606.00 ~~Mar~~Apr-05 0.000% Current Principal Balance 04,637,917.0088 ~~Apr~~May-05 0.000% ~~May~~Jun-05 0.000% ~~Jun~~Jul-05 0.000% ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 01.~~000~~161% *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 NoGroup ~~Foreclosure~~I ~~loans~~SubGrp ~~this~~II ~~period~~0000433359 Sep-2005 01-Mar-2005 NC 80.00 120,000.00 Group I SubGrp II 0000434497 Sep-2005 01-Apr-2005 MD 85.00 127,500.00 Group I SubGrp II 0000434520 Sep-2005 01-Mar-2005 GA 80.00 120,800.00 Group I SubGrp II 0000434913 Sep-2005 01-Apr-2005 CO 80.00 124,000.00 Group I SubGrp II 0000434991 Sep-2005 01-Apr-2005 MI 80.00 52,800.00 Group I SubGrp II 0000435261 Sep-2005 01-Apr-2005 MI 100.00 85,000.00 Group I SubGrp II 0000435436 Sep-2005 01-Mar-2005 CO 93.96 311,000.00 Group I SubGrp II 0000435437 Sep-2005 01-Apr-2005 CO 80.00 172,000.00 Group I SubGrp II 0000436907 Sep-2005 01-Apr-2005 OH 80.00 136,000.00 Group I SubGrp II 0000438212 Sep-2005 01-Apr-2005 NJ 90.00 252,000.00 Group I SubGrp II 0000438355 Sep-2005 01-Apr-2005 NC 80.00 212,000.00 Group I SubGrp II 0000438619 Sep-2005 01-Apr-2005 MN 90.00 166,500.00 Group I SubGrp II 0000438719 Sep-2005 01-Apr-2005 TX 85.00 153,000.00 Group I SubGrp II 0000438851 Sep-2005 01-Apr-2005 UT 80.00 136,800.00 Group I SubGrp II 0000438906 Sep-2005 01-Apr-2005 MI 90.00 132,300.00 Group I SubGrp II 0000438977 Sep-2005 01-Mar-2005 UT 80.00 126,400.00 Group I SubGrp II 0000438990 Sep-2005 01-Apr-2005 CO 80.00 125,600.00 Group I SubGrp II 0000439027 Sep-2005 01-Apr-2005 MO 80.00 122,600.00 Group I SubGrp II 0000439032 Sep-2005 01-Apr-2005 CA 74.00 122,100.00 Group I SubGrp II 0000439106 Sep-2005 01-Apr-2005 AZ 80.00 116,000.00 Group I SubGrp II 0000439168 Sep-2005 01-Apr-2005 GA 80.00 111,200.00 Group I SubGrp II 0000439253 Sep-2005 01-Apr-2005 CO 80.00 104,000.00 Group I SubGrp II 0000439363 Sep-2005 01-Apr-2005 MI 79.17 95,000.00 Group I SubGrp II 0000439372 Sep-2005 01-Apr-2005 SC 90.00 94,500.00 Group I SubGrp II 0000439545 Sep-2005 01-Apr-2005 TX 85.00 80,750.00 Group I SubGrp II 0000439705 Sep-2005 01-Apr-2005 KY 90.00 68,400.00 Group I SubGrp II 0000439801 Sep-2005 01-Apr-2005 OK 95.00 61,750.00 Group I SubGrp II 0000439834 Sep-2005 01-Apr-2005 IN 95.00 59,850.00 Group I SubGrp II 0000439858 Sep-2005 01-Apr-2005 AL 90.00 57,600.00 Group I SubGrp II 0000439911 Sep-2005 01-Apr-2005 AZ 68.35 54,000.00 Group I SubGrp II 0000442570 Sep-2005 01-May-2005 OH 90.00 83,700.00 Group I SubGrp II 0000442629 Sep-2005 01-May-2005 OK 90.00 51,300.00 Group I SubGrp II 0000442839 Sep-2005 01-May-2005 OH 74.75 74,000.00 Group I SubGrp II 0000443204 Sep-2005 01-Apr-2005 CO 80.00 136,400.00 Group I SubGrp II 0000443218 Sep-2005 01-Apr-2005 CO 80.00 126,000.00 Group I SubGrp II 0000443260 Sep-2005 01-Apr-2005 TN 85.00 110,500.00 Group I SubGrp II 0000443269 Sep-2005 01-Apr-2005 TN 85.00 79,900.00 Group I SubGrp II 0000443273 Sep-2005 01-Apr-2005 TN 85.00 68,850.00 Group I SubGrp II 0000443304 Sep-2005 01-Apr-2005 PA 85.00 47,600.00 Group I SubGrp II 0000443407 Sep-2005 01-Apr-2005 TX 80.00 40,000.00 Group I SubGrp II 0000447473 Sep-2005 01-May-2005 MI 80.00 140,000.00 Group I SubGrp II 0000447516 Sep-2005 01-Apr-2005 MI 75.00 77,250.00 Group I SubGrp II 0000447521 Sep-2005 01-Apr-2005 MO 80.00 110,400.00 Grp II SubGrp II 0000434172 Sep-2005 01-Apr-2005 NC 80.00 351,840.00 Grp II SubGrp II 0000437181 Sep-2005 01-Apr-2005 CO 80.00 440,000.00 Grp II SubGrp II 0000437840 Sep-2005 01-Mar-2005 CA 80.00 512,800.00 Grp II SubGrp II 0000437861 Sep-2005 01-Apr-2005 MI 80.00 487,600.00 Grp II SubGrp II 0000437901 Sep-2005 01-Mar-2005 AZ 80.00 434,241.00 Grp II SubGrp II 0000437986 Sep-2005 01-Apr-2005 TX 80.00 364,000.00 Grp II SubGrp II 0000438210 Sep-2005 01-Apr-2005 FL 80.00 252,000.00 Grp II SubGrp II 0000438211 Sep-2005 01-Apr-2005 AZ 80.00 252,000.00 Grp II SubGrp II 0000438293 Sep-2005 01-Apr-2005 MA 80.00 228,000.00 Grp II SubGrp II 0000438477 Sep-2005 01-Apr-2005 FL 71.48 188,000.00 Grp II SubGrp II 0000438699 Sep-2005 01-Apr-2005 CO 80.00 156,000.00 Grp II SubGrp II 0000442738 Sep-2005 01-May-2005 CO 80.00 163,600.00 Grp II SubGrp II 0000443149 Sep-2005 01-May-2005 IL 85.00 233,750.00 Grp II SubGrp II 0000443160 Sep-2005 01-Apr-2005 AZ 75.00 200,775.00 Grp II SubGrp II 0000447528 Sep-2005 01-May-2005 MI 85.00 204,000.00 Grp II SubGrp II 0000447567 Sep-2005 01-Apr-2005 NV 80.00 172,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoGroup ~~Foreclosure~~I ~~loans~~SubGrp ~~this~~II ~~period~~0000433359 119,826.03 01-Apr-2005 3 7.650% 3,564.57 Group I SubGrp II 0000434497 127,412.70 01-Apr-2005 3 7.900% 3,923.09 Group I SubGrp II 0000434520 120,653.12 01-Apr-2005 3 8.500% 4,016.79 Group I SubGrp II 0000434913 123,999.99 01-Apr-2005 3 6.400% 3,048.30 Group I SubGrp II 0000434991 52,766.33 01-Apr-2005 3 8.250% 1,701.71 Group I SubGrp II 0000435261 85,000.00 01-Mar-2005 4 9.875% 3,315.74 Group I SubGrp II 0000435436 311,000.00 01-Apr-2005 3 7.500% 9,070.85 Group I SubGrp II 0000435437 172,000.00 01-Apr-2005 3 6.000% 3,941.65 Group I SubGrp II 0000436907 135,876.67 01-Apr-2005 3 6.500% 3,390.71 Group I SubGrp II 0000438212 252,000.00 01-Mar-2005 4 8.500% 8,384.59 Group I SubGrp II 0000438355 212,000.00 01-Mar-2005 4 7.745% 6,386.07 Group I SubGrp II 0000438619 166,500.00 01-Mar-2005 4 6.809% 4,365.59 Group I SubGrp II 0000438719 152,924.66 01-Apr-2005 3 9.495% 5,725.75 Group I SubGrp II 0000438851 136,696.11 01-Apr-2005 3 7.385% 3,915.43 Group I SubGrp II 0000438906 132,300.00 01-Mar-2005 4 8.245% 4,261.19 Group I SubGrp II 0000438977 126,400.00 01-Apr-2005 3 7.300% 3,581.30 Group I SubGrp II 0000438990 125,501.92 01-Apr-2005 3 7.245% 3,521.54 Group I SubGrp II 0000439027 122,536.37 01-Apr-2005 3 9.245% 4,460.21 Group I SubGrp II 0000439032 122,100.00 01-Mar-2005 4 7.500% 3,553.27 Group I SubGrp II 0000439106 116,000.00 01-Mar-2005 4 7.625% 3,443.75 Group I SubGrp II 0000439168 111,123.40 01-Apr-2005 3 7.870% 3,407.65 Group I SubGrp II 0000439253 103,914.58 01-Apr-2005 3 6.990% 2,805.34 Group I SubGrp II 0000439363 95,000.00 01-Apr-2005 3 7.245% 2,669.90 Group I SubGrp II 0000439372 94,459.25 01-Apr-2005 3 10.120% 3,782.92 Group I SubGrp II 0000439545 80,750.00 01-Mar-2005 4 9.745% 3,106.15 Group I SubGrp II 0000439705 68,358.53 01-Apr-2005 3 8.495% 2,274.40 Group I SubGrp II 0000439801 61,750.00 01-Mar-2005 4 7.875% 1,893.57 Group I SubGrp II 0000439834 59,850.00 01-Mar-2005 4 9.870% 2,333.43 Group I SubGrp II 0000439858 57,564.20 01-Apr-2005 3 8.375% 1,886.45 Group I SubGrp II 0000439911 54,000.00 01-Mar-2005 4 7.750% 1,627.77 Group I SubGrp II 0000442570 83,700.00 01-Apr-2005 3 6.500% 2,088.70 Group I SubGrp II 0000442629 51,300.00 01-Apr-2005 3 9.495% 1,920.78 Group I SubGrp II 0000442839 74,000.00 01-Apr-2005 3 6.760% 1,926.84 Group I SubGrp II 0000443204 136,279.89 01-Apr-2005 3 6.635% 3,477.45 Group I SubGrp II 0000443218 126,000.00 01-Mar-2005 4 6.635% 3,212.29 Group I SubGrp II 0000443260 110,451.06 01-Apr-2005 3 9.995% 4,365.78 Group I SubGrp II 0000443269 79,864.62 01-Apr-2005 3 9.995% 3,156.80 Group I SubGrp II 0000443273 68,819.51 01-Apr-2005 3 9.995% 2,720.21 Group I SubGrp II 0000443304 47,575.97 01-Apr-2005 3 9.375% 1,757.54 Group I SubGrp II 0000443407 39,982.29 01-Apr-2005 3 9.995% 1,580.38 Group I SubGrp II 0000447473 140,000.00 01-Apr-2005 3 7.800% 4,252.34 Group I SubGrp II 0000447516 77,209.53 01-Apr-2005 3 9.200% 2,795.86 Group I SubGrp II 0000447521 110,333.12 01-Apr-2005 3 8.500% 3,673.25 Grp II SubGrp II 0000434172 351,512.54 01-Apr-2005 3 6.350% 8,551.98 Grp II SubGrp II 0000437181 439,630.34 01-Apr-2005 3 6.875% 11,657.83 Grp II SubGrp II 0000437840 512,800.00 01-Feb-2005 5 7.495% 11,956.76 Grp II SubGrp II 0000437861 487,353.50 01-Apr-2005 3 9.370% 17,992.92 Grp II SubGrp II 0000437901 433,373.43 01-Apr-2005 3 5.995% 9,902.33 Grp II SubGrp II 0000437986 363,678.54 01-Apr-2005 3 6.620% 9,257.22 Grp II SubGrp II 0000438210 251,760.43 01-Apr-2005 3 6.240% 6,009.68 Grp II SubGrp II 0000438211 252,000.00 01-Mar-2005 4 7.245% 7,065.51 Grp II SubGrp II 0000438293 227,798.64 01-Apr-2005 3 6.620% 5,798.47 Grp II SubGrp II 0000438477 187,885.99 01-Apr-2005 3 8.495% 6,251.24 Grp II SubGrp II 0000438699 156,000.00 01-Mar-2005 4 7.245% 4,373.88 Grp II SubGrp II 0000442738 163,600.00 01-Apr-2005 3 6.745% 4,257.00 Grp II SubGrp II 0000443149 233,750.00 01-Apr-2005 3 8.510% 7,791.90 Grp II SubGrp II 0000443160 200,775.00 01-Mar-2005 4 8.995% 7,094.83 Grp II SubGrp II 0000447528 204,000.00 01-Apr-2005 3 8.900% 7,131.99 Grp II SubGrp II 0000447567 171,999.47 01-Apr-2005 3 8.450% 5,697.46

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 7.~~192270~~189146% Weighted Average Net Coupon 6.~~692269~~686145% Weighted Average Pass-Through Rate 6.~~675269~~669145% Weighted Average Maturity(Stepdown Calculation) ~~346~~345 Beginning Scheduled Collateral Loan Count 6,~~664~~572 Number Of Loans Paid In Full 92164 Ending Scheduled Collateral Loan Count 6,~~572~~408 Beginning Scheduled Collateral Balance 1,~~054~~033,~~186~~314,~~993~~288.3156 Ending Scheduled Collateral Balance 1,~~033~~000,~~314~~736,~~288~~684.5668 Ending Actual Collateral Balance at 2931-~~Jul~~Aug-2005 1,~~033~~001,~~924~~353,~~622~~082.8988 Monthly P&I Constant 6,~~909~~772,~~502~~968.2304 Special Servicing Fee 0.00 Prepayment Penalties ~~361~~506,~~468~~322.6285 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~584~~577,~~844~~180.5755 Unscheduled Principal 2032,~~287~~000,~~860~~423.1833 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,454,025.98 Overcollateralized Amount 5,454,025.98 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 Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 7.~~192270~~189146% Weighted Average Net Rate 6.~~692269~~686145% Weighted Average Pass Through Rate 6.~~675269~~669145% Weighted Average Maturity ~~346~~345 Record Date 0708/2931/2005 Principal and Interest Constant 6,~~909~~772,~~502~~968.2304 Beginning Loan Count 6,~~664~~572 Loans Paid in Full 92164 Ending Loan Count 6,~~572~~408 Beginning Scheduled Balance 1,~~054~~033,~~186~~314,~~993~~288.3156 Ending Scheduled Balance 1,~~033~~000,~~314~~736,~~288~~684.5668 Ending Actual Balance at 2931-~~Jul~~Aug-2005 1,~~033~~001,~~924~~353,~~622~~082.8988 Scheduled Principal ~~584~~577,~~844~~180.5755 Unscheduled Principal 2032,~~287~~000,~~860~~423.1833 Scheduled Interest 6,~~324~~195,~~657~~787.6649 Servicing Fee ~~439~~430,~~244~~547.7165 Master Servicing Fee 2,~~635~~583.4825 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 12,~~298~~055.8737 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~870~~750,~~478~~601.7322 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalties ~~361~~506,~~468~~322.6285 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,454,025.98 Overcollateralized Amount 5,454,025.98 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00

Group Level Collateral Statement Group Group I SubGrp I Group I SubGrp II Grp II SubGrp I Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~538548~~536729 7.~~232630~~233867 8.~~369421~~364230 Weighted Average Net Rate 8.~~038548~~036729 6.~~732630~~733867 7.~~869421~~864230 Weighted Average Maturity ~~292~~291 ~~356~~355 ~~356~~355 Beginning Loan Count 1,~~417~~404 3,~~328~~273 ~~609~~604 Loans Paid In Full 1320 5592 519 Ending Loan Count 1,~~404~~384 3,~~273~~181 ~~604~~585 Beginning Scheduled Balance 9998,~~857~~655,~~759~~047.4570 ~~471~~460,~~778~~915,~~891~~612.8229 62,~~946~~346,~~015~~836.4081 Ending Scheduled Balance 9896,~~655~~363,~~047~~107.7085 ~~460~~444,~~915~~303,~~612~~220.2997 6260,~~346~~815,~~836~~150.8164 Record Date 0708/2931/2005 0708/2931/2005 0708/2931/2005 Principal And Interest Constant ~~789~~780,~~233~~324.2212 3,~~145~~075,~~122~~248.3473 ~~481~~476,~~530~~921.2420 Scheduled Principal 78,~~699~~497.6994 ~~301~~296,~~620~~746.3596 42,~~512~~351.1579 Unscheduled Principal 12,~~124~~213,~~012~~441.0691 1016,~~561~~315,~~659~~644.1836 ~~556~~1,~~666~~489,334.4438 Scheduled Interest ~~710~~701,~~533~~826.5318 2,~~843~~778,501.9977 ~~439~~434,~~018~~569.0941 Servicing Fees 41,~~607~~106.4028 ~~196~~192,~~574~~048.5315 2625,~~227~~977.5087 Master Servicing Fees ~~249~~246.6364 1,~~179~~152.4830 ~~157~~155.3884 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 1,~~165~~151.0502 5,~~504~~377.0633 ~~734~~727.3738 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 ~~667~~659,~~511~~322.4524 2,~~640~~579,~~243~~923.9299 ~~411~~407,~~898~~708.8432 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 8.~~021548~~019729 6.~~715630~~716867 7.~~852421~~847230

Group Level Collateral Statement Group Grp II SubGrp II Total Collateral Description Mixed ARM Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 6.~~668008~~653110 7.~~192270~~189146 Weighted Average Net Rate 6.~~168008~~153110 6.~~692269~~686145 Weighted Average Maturity ~~290~~289 ~~346~~345 Beginning Loan Count 1,~~310~~291 6,~~664~~572 Loans Paid In Full 1933 92164 Ending Loan Count 1,~~291~~258 6,~~572~~408 Beginning Scheduled Balance ~~419~~411,~~604~~396,~~326~~791.6476 1,~~054~~033,~~186~~314,~~993~~288.3156 Ending scheduled Balance ~~411~~399,~~396~~255,~~791~~205.7622 1,~~033~~000,~~314~~736,~~288~~684.5668 Record Date 0708/2931/2005 0708/2931/2005 Principal And Interest Constant 2,~~493~~440,~~616~~473.4399 6,~~909~~772,~~502~~968.2304 Scheduled Principal ~~162~~159,~~012~~583.3886 ~~584~~577,~~844~~180.5755 Unscheduled Principal 811,~~045~~982,~~522~~002.5068 2032,~~287~~000,~~860~~423.1833 Scheduled Interest 2,~~331~~280,~~604~~890.0513 6,~~324~~195,~~657~~787.6649 Servicing Fees ~~174~~171,~~835~~415.1435 ~~439~~430,~~244~~547.5765 Master Servicing Fees 1,~~049~~028.0047 2,~~635~~583.4925 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 4,~~895~~799.3964 12,~~298~~055.8737 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 2,~~150~~103,~~824~~646.5267 5,~~870~~750,~~478~~601.7322 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.~~151008~~136110 6.~~675269~~669145

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 I SubGrp I 1320 12,~~117~~210,~~761~~300.00 12,~~114~~200,~~465~~693.2270 0 0.00 0.00 Group I SubGrp II 5592 1016,~~500~~356,~~344~~147.00 1016,~~471~~304,~~403~~130.2289 0 0.00 0.00 Grp II SubGrp I 519 ~~554~~1,~~550~~497,482.00 ~~553~~1,~~243~~492,052.0270 0 0.00 0.00 Grp II SubGrp II 1933 812,~~054~~011,~~502~~380.00 811,~~036~~979,~~921~~711.4892 0 0.00 0.00 Total 92164 2032,~~227~~075,~~157~~309.00 2031,~~176~~976,~~032~~589.9421 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 I SubGrp I 0 0.00 0.00 0 0.00 0.00 1014,~~242~~457.4344 Group I SubGrp II 0 0.00 0.00 0 0.00 0.00 9721,~~481~~499.2044 Grp II SubGrp I 0 0.00 0.00 0 0.00 0.00 3(1,~~745~~858.5320) Grp II SubGrp II 0 0.00 0.00 0 0.00 0.00 118,~~979~~763.5927 Total 0 0.00 0.00 0 0.00 0.00 ~~123~~42,~~448~~861.7595

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group I SubGrp I ~~0000434429~~0000433054 CA 94100.8200 02-Feb-2005 27,600.00 27,480.44 Group I SubGrp I 0000434198 NY 85.00 01-~~Mar~~Jan-2005 ~~148~~318,~~865~~750.00 ~~148~~316,~~198~~460.3053 Group I SubGrp I ~~0000434570~~0000434403 ILFL 51.7129 01-Apr-2005 ~~106~~159,000.00 ~~105~~158,~~735~~221.82 Group I SubGrp I 0000434459 CA 83.94 01-Apr-2005 138,500.00 137,802.04 Group I SubGrp I 0000434611 VA 95.00 01-Apr-2005 95,000.00 94,495.13 Group I SubGrp I ~~0000434770~~0000434689 TXFL 100.00 01-Apr-2005 3065,~~059~~500.00 2965,~~975~~041.1946 Group I SubGrp I ~~0000436234~~0000434796 AZNJ 100.00 01-~~Feb~~Apr-2005 3324,~~737~~000.00 3323,~~596~~927.4673 Group I SubGrp I ~~0000437441~~0000435104 CAIL 99100.9900 01-Apr-2005 5141,~~300~~600.00 5141,~~201~~527.6659 Group I SubGrp I ~~0000437557~~0000435242 CAWI 100.00 01-Apr-2005 3143,~~200~~600.00 3142,~~138~~921.5873 Group I SubGrp I ~~0000438138~~0000435347 CAAZ 80100.00 01-Apr-2005 ~~284~~57,000.00 ~~282~~56,~~820~~778.4216 Group I SubGrp I ~~0000438734~~0000435747 PACA 67100.5600 01-Apr-2005 ~~152~~66,800.00 66,546.49 Group I SubGrp I 0000436198 CA 100.00 01-Apr-2005 29,000.00 ~~151~~28,~~153~~917.2619 Group I SubGrp I ~~0000439469~~0000437165 FLCO 100.00 01-Apr-2005 8749,000.00 8648,~~842~~890.0422 Group I SubGrp I ~~0000439630~~0000437428 CA 100.00 01-~~Mar~~May-2005 7562,000.00 7461,~~796~~881.3418 Group I SubGrp I ~~0000440046~~0000438049 FLNJ 9785.8700 01-Apr-2005 37331,~~600~~500.00 37330,~~466~~108.9449 Group I SubGrp I ~~0000441585~~0000438094 NVIL 70.00 01-Apr-2005 301,000.00 299,704.61 Group I SubGrp I 0000438185 AZ 75.00 01-Apr-2005 261,000.00 259,758.52 Group I SubGrp I 0000439741 FL 100.00 01-Apr-2005 3266,000.00 3165,~~941~~820.7874 Group I SubGrp I ~~0000443070~~0000442666 COGA 100.00 01-Apr-2005 4925,000.00 4824,~~903~~673.53 Group I SubGrp I 0000443295 IL 85.00 01-Apr-2005 48,450.00 48,026.87 Group I SubGrp II ~~0000434040~~0000433399 TX 80.00 01-Jan-2005 111,652.00 110,678.39 Group I SubGrp II 0000433984 AZ 65.00 01-Feb-2005 152,750.00 152,492.64 Group I SubGrp II 0000434038 CA 75.00 01-Apr-2005 ~~217~~181,500.00 ~~216~~180,~~641~~433.3503 Group I SubGrp II ~~0000434059~~0000434049 NYPA 7084.75 01-Apr-2005 250,000.00 248,835.15 Group I SubGrp II 0000434051 NV 95.00 01-Apr-2005 ~~252~~90,250.00 89,938.81 Group I SubGrp II 0000434062 CA 87.88 01-Apr-2005 145,000.00 ~~251~~144,~~357~~210.0643 Group I SubGrp II ~~0000434071~~0000434102 MEMD 6680.4900 01-Apr-2005 ~~123~~213,600.00 213,002.50 Group I SubGrp II 0000434181 AZ 80.00 01-Apr-2005 340,000.00 ~~122~~339,~~743~~999.1998 Group I SubGrp II ~~0000434104~~0000434237 DCCA 89.84 01-Apr-2005 274,000.00 273,929.79 Group I SubGrp II 0000434242 NJ 75.00 01-Apr-2005 ~~281~~270,000.00 268,790.78 Group I SubGrp II 0000434263 IL 85.00 01-Mar-2005 250,750.00 ~~280~~249,~~254~~674.5880 Group I SubGrp II ~~0000434239~~0000434359 MA 51.71 01-Apr-2005 181,000.00 179,242.54 Group I SubGrp II 0000434382 CA 68.63 01-Sep-2004 175,000.00 172,989.61 Group I SubGrp II 0000434463 CA 80.00 01-Apr-2005 ~~272~~136,000.00 ~~270~~136,~~827~~000.00 Group I SubGrp II 0000434487 CA 81.25 01-Apr-2005 130,000.00 130,000.00 Group I SubGrp II ~~0000434241~~0000434563 NJAZ 80.00 01-~~Feb~~Mar-2005 ~~272~~107,~~000~~120.00 ~~270~~106,~~411~~489.7681 Group I SubGrp II ~~0000434248~~0000434644 CAFL 9060.00 01-~~Mar~~Apr-2005 ~~264~~83,~~600~~400.00 ~~263~~83,~~285~~104.9366 Group I SubGrp II ~~0000434260~~0000434672 NJMI 80.00 01-Apr-2005 ~~252~~72,000.00 ~~250~~71,~~677~~727.8711 Group I SubGrp II ~~0000434318~~0000434790 CARI 80.9600 01-Apr-2005 ~~210~~154,~~500~~140.00 ~~209~~153,~~519~~502.4864 Group I SubGrp II ~~0000434363~~0000434798 NJ 80.00 01-Apr-2005 96,000.00 95,472.15 Group I SubGrp II 0000434923 CA 6163.4360 01-Apr-2005 180,000.00 ~~178~~179,~~907~~099.5594 Group I SubGrp II ~~0000434634~~0000434930 TXNV 8087.0050 01-Apr-2005 88147,000.00 87146,~~639~~098.6518 Group I SubGrp II ~~0000434792~~0000434948 PAWV 5390.0900 01-Apr-2005 6777,~~900~~310.00 6777,~~637~~035.1440 Group I SubGrp II ~~0000434966~~0000434949 MDCA 8095.00 01-Apr-2005 ~~194~~342,~~400~~950.00 ~~193~~342,~~669~~949.5398 Group I SubGrp II ~~0000435134~~0000435046 FL 50.98 01-Apr-2005 130,000.00 129,264.18 Group I SubGrp II 0000435061 CA 8071.22 01-Apr-2005 349,000.00 346,659.92 Group I SubGrp II 0000435121 VA 79.66 01-Apr-2005 ~~152~~235,000.00 ~~152~~233,756.80 Group I SubGrp II 0000435123 CA 89.29 01-Apr-2005 250,000.00 249,828.22 Group I SubGrp II ~~0000435228~~0000435131 MI 95.00 01-Apr-2005 88,825.00 88,528.36 Group I SubGrp II 0000435263 OH 80.00 01-~~Apr~~Mar-2005 ~~100~~300,~~800~~000.00 297,723.16 Group I SubGrp II 0000435277 OH 100.00 01-Mar-2005 90,~~800~~400.00 89,859.17 Group I SubGrp II ~~0000435345~~0000435315 AZ 7880.5500 01-Apr-2005 ~~216~~156,000.00 ~~214~~155,~~832~~990.4814 Group I SubGrp II ~~0000435738~~0000435505 ID 88.47 01-Feb-2005 56,000.00 55,553.88 Group I SubGrp II 0000435774 CA 80.00 01-~~Apr~~Mar-2005 ~~152~~208,000.00 ~~152~~206,~~000~~925.0090 Group I SubGrp II ~~0000435972~~0000435941 CA 8570.00 01-~~Mar~~Apr-2005 ~~245~~220,~~650~~500.00 ~~245~~220,~~650~~500.00 Group I SubGrp II ~~0000436938~~0000436005 OHCA 9580.00 01-Apr-2005 78116,~~850~~000.00 78116,~~581~~000.3900 Group I SubGrp II ~~0000437020~~0000436213 MIAZ 6179.4399 01-~~May~~Mar-2005 86138,000.00 85138,~~708~~000.5000 Group I SubGrp II ~~0000437566~~0000436999 NVOH 9081.82 01-Apr-2005 135,000.00 135,000.00 Group I SubGrp II 0000437433 CA 80.00 01-May-2005 ~~108~~248,000.00 ~~107~~246,~~676~~866.3981 Group I SubGrp II ~~0000437841~~0000437547 CA 8580.00 01-Apr-2005 ~~510~~280,000.00 ~~507~~279,~~940~~924.4817 Group I SubGrp II ~~0000438006~~0000437596 CA 80.00 01-Apr-2005 ~~352~~132,000.00 ~~350~~131,~~315~~143.8130 Group I SubGrp II ~~0000438018~~0000438019 NVIL 7780.0400 01-Apr-2005 346,~~700~~565.00 ~~345~~344,~~428~~909.0224 Group I SubGrp II ~~0000438029~~0000438042 CA 8580.00 01-~~Apr~~Mar-2005 ~~340~~336,000.00 ~~338~~336,~~690~~000.4500 Group I SubGrp II ~~0000438078~~0000438060 VAAZ 9590.00 01-Apr-2005 ~~311~~323,~~600~~100.00 ~~310~~321,~~456~~962.8293 Group I SubGrp II ~~0000438096~~0000438071 CANV 7576.46 01-Apr-2005 315,000.00 313,612.04 Group I SubGrp II 0000438083 CA 81.32 01-Apr-2005 ~~300~~309,000.00 ~~298~~307,~~693~~460.9583 Group I SubGrp II ~~0000438166~~0000438101 VACA 80.00 01-Apr-2005 ~~268~~297,~~000~~600.00 ~~266~~296,~~887~~222.6497 Group I SubGrp II ~~0000438182~~0000438183 RIFL 7076.00 01-Apr-2005 ~~263~~262,200.00 ~~262~~260,~~107~~954.5812 Group I SubGrp II ~~0000438218~~0000438188 NJCA 6074.9885 01-Apr-2005 ~~250~~259,~~000~~744.00 ~~248~~258,~~829~~348.9254 Group I SubGrp II ~~0000438335~~0000438232 NV 85.00 01-Apr-2005 246,500.00 246,500.00 Group I SubGrp II 0000438236 VA 8370.7100 01-Apr-2005 ~~215~~245,~~968~~000.00 ~~214~~243,~~932~~920.6807 Group I SubGrp II ~~0000438377~~0000438239 CA 6485.3800 01-Apr-2005 ~~206~~243,~~000~~950.00 ~~205~~242,~~184~~731.6837 Group I SubGrp II ~~0000438387~~0000438252 WICA 7781.85 01-Apr-2005 239,000.00 237,804.94 Group I SubGrp II 0000438262 IL 79.00 01-Apr-2005 237,000.00 235,954.33 Group I SubGrp II 0000438351 MN 69.77 01-Apr-2005 212,790.00 211,440.95 Group I SubGrp II 0000438389 IL 87.02 01-May-2005 204,~~600~~500.00 203,~~937~~731.9859 Group I SubGrp II ~~0000438390~~0000438494 ILAZ 90.00 01-Apr-2005 ~~204~~186,300.00 ~~204~~185,~~300~~413.0088 Group I SubGrp II ~~0000438484~~0000438594 AZIL 9569.39 01-Apr-2005 170,000.00 169,230.34 Group I SubGrp II 0000438616 CO 83.62 01-~~Mar~~Apr-2005 ~~188~~167,~~100~~245.00 ~~187~~166,~~437~~559.3869 Group I SubGrp II ~~0000438499~~0000438723 CAFL 7790.0800 01-Apr-2005 ~~185~~153,000.00 ~~185~~152,272.27 Group I SubGrp II 0000438781 MD 70.73 01-Apr-2005 145,000.00 144,293.88 Group I SubGrp II ~~0000438503~~0000438870 CAAZ 84.99 01-Apr-2005 135,990.00 135,342.52 Group I SubGrp II 0000438876 FL 80.00 01-Apr-2005 ~~184~~135,~~000~~600.00 ~~183~~134,~~222~~735.0158 Group I SubGrp II ~~0000438909~~0000438900 VA 8087.34 01-Apr-2005 133,623.00 132,989.95 Group I SubGrp II 0000438902 AZ 90.00 01-Apr-2005 133,110.00 132,~~000~~563.97 Group I SubGrp II 0000439004 MD 90.00 ~~131~~01-Apr-2005 124,~~351~~200.9300 123,704.22 Group I SubGrp II ~~0000438958~~0000439035 FLPA 7480.4200 01-Apr-2005 ~~128~~121,600.00 120,915.19 Group I SubGrp II 0000439088 IL 90.00 01-Apr-2005 117,000.00 ~~127~~116,~~494~~578.1877 Group I SubGrp II ~~0000439162~~0000439147 FL 90.00 01-Apr-2005 ~~111~~112,~~600~~500.00 ~~111~~112,~~273~~088.5724 Group I SubGrp II ~~0000439190~~0000439249 CAKS 2780.2500 01-Apr-2005 ~~109~~104,000.00 ~~108~~103,~~620~~480.3853 Group I SubGrp II ~~0000439231~~0000439479 FLMI 77.8748 01-Apr-2005 ~~106~~86,~~676~~000.00 ~~106~~85,~~176~~553.24 Group I SubGrp II ~~0000439333~~0000439594 UTCA 8070.00 01-Apr-2005 9776,~~600~~998.00 9776,~~260~~682.0683 Group I SubGrp II ~~0000439401~~0000439623 AZGA 7975.1500 01-Apr-2005 9275,~~600~~000.00 9274,~~329~~651.4495 Group I SubGrp II ~~0000439525~~0000439746 WIIL 4690.0900 01-~~May~~Apr-2005 8265,~~000~~700.00 8165,~~735~~285.3628 Group I SubGrp II ~~0000441492~~0000439818 AR 90.00 01-Apr-2005 60,300.00 60,087.76 Group I SubGrp II 0000439905 IN 80.00 01-Apr-2005 54,400.00 54,176.85 Group I SubGrp II 0000441714 CA 8480.3800 01-Apr-2005 ~~270~~336,000.00 ~~269~~336,~~973~~000.3900 Group I SubGrp II ~~0000442285~~0000442153 CA 75.00 01-May-2005 105,000.00 104,630.24 Group I SubGrp II 0000442286 FL 8785.1306 01-May-2005 197,000.00 196,~~607~~507.3322 Group I SubGrp II ~~0000442422~~0000442307 CAIL 80.00 01-~~Apr~~May-2005 ~~256~~152,000.00 ~~256~~151,~~000~~353.49 Group I SubGrp II 0000442447 CA 69.98 01-May-2005 199,450.00 198,736.97 Group I SubGrp II ~~0000442645~~0000442455 ILFL 9095.00 01-Apr-2005 185,250.00 185,250.00 Group I SubGrp II 0000442462 FL 79.76 01-May-2005 41171,~~850~~485.00 41170,~~742~~720.1383 Group I SubGrp II ~~0000442733~~0000442463 AZFL 90.00 01-May-2005 ~~174~~171,000.00 170,372.62 Group I SubGrp II 0000442786 AL 80.00 01-May-2005 105,600.00 ~~173~~105,~~962~~249.8436 Group I SubGrp II ~~0000442852~~0000442808 PAVA 90.00 01-May-2005 58104,~~500~~400.00 58104,~~349~~078.0792 Group I SubGrp II ~~0000443144~~0000442813 NC 80.00 01-May-2005 99,200.00 98,746.69 Group I SubGrp II 0000443148 CA 7880.4600 01-Apr-2005 ~~255~~236,000.00 ~~253~~234,~~776~~777.3942 Group I SubGrp II ~~0000443223~~0000443150 AZNJ 80.00 01-May-2005 ~~120~~232,000.00 ~~119~~231,~~714~~148.1386 Group I SubGrp II ~~0000443400~~0000443310 SCIL 65.18 01-Apr-2005 46,800.00 46,555.32 Group I SubGrp II 0000447531 IL 90.00 01-May-2005 206,100.00 205,433.79 Group I SubGrp II 0000447561 MI 80.00 01-Apr-2005 79,200.00 79,200.00 Grp II SubGrp I 0000433398 TX 100.00 01-Jan-2005 27,913.00 27,756.41 Grp II SubGrp I 0000433918 NM 100.00 01-Feb-2005 44,407.00 44,312.67 Grp II SubGrp I 0000434008 CA 95.3400 01-Mar-2005 74,774.00 74,536.55 Grp II SubGrp I 0000434789 RI 100.00 01-Apr-2005 4038,535.00 38,456.77 Grp II SubGrp I 0000435257 OH 100.00 01-Mar-2005 75,000.00 73,746.75 Grp II SubGrp I 0000435314 AZ 100.00 01-Apr-2005 39,~~758~~000.8700 ~~Group~~38,878.54 Grp II SubGrp I 0000435932 CA 99.99 01-Apr-2005 90,850.00 90,521.13 Grp II SubGrp I 0000435951 CA 100.00 01-Apr-2005 78,000.00 77,771.27 Grp II ~~0000447493~~SubGrp IAI 800000436212 AZ 99.99 01-Mar-2005 34,500.00 34,396.06 Grp II SubGrp I 0000437453 CA 99.99 01-May-2005 84118,~~000~~500.00 83118,~~866~~253.1789 Grp II SubGrp I ~~0000435149~~0000438687 VAMD 79.62 01-Apr-2005 157,653.00 156,850.77 Grp II SubGrp I 0000438915 AZ 85.00 01-Apr-2005 ~~121~~131,~~550~~750.00 ~~121~~131,~~041~~164.0363 Grp II SubGrp I ~~0000438672~~0000439186 PACA 80100.00 01-~~Apr~~Mar-2005 ~~160~~110,000.00 ~~159~~109,~~533~~632.9487 Grp II SubGrp I ~~0000439024~~0000440022 FLCA 100.00 01-Mar-2005 42,200.00 42,091.74 Grp II SubGrp I 0000441562 NJ 100.00 01-Apr-2005 ~~123~~150,000.00 ~~122~~149,~~751~~634.2943 Grp II SubGrp I ~~0000439506~~0000441563 CA 100.00 01-~~Mar~~Apr-2005 84,000.00 83,~~747~~771.0585 Grp II SubGrp I ~~0000439740~~0000441572 TXCA 100.00 01-Apr-2005 6681,000.00 6580,~~847~~797.6026 Grp II SubGrp III ~~0000426435~~0000442578 CA 95100.00 01-~~Feb~~Apr-2005 ~~413~~79,~~250~~800.00 ~~413~~79,~~250~~559.79 Grp II SubGrp I 0000443082 MD 99.62 01-Apr-2005 39,600.00 39,059.20 Grp II SubGrp II ~~0000433574~~0000434163 GACA 80.00 01-~~Feb~~Apr-2005 ~~171~~380,~~819~~000.00 ~~171~~377,~~819~~585.0043 Grp II SubGrp II ~~0000433913~~0000434220 NVNJ 9580.00 01-~~Mar~~Apr-2005 ~~233~~288,~~484~~000.00 ~~232~~286,~~211~~385.5985 Grp II SubGrp II ~~0000434113~~0000434278 NVCA 7580.00 01-Apr-2005 ~~591~~236,~~750~~000.00 ~~591~~235,~~749~~999.9897 Grp II SubGrp II ~~0000434154~~0000435031 NJ 9280.7300 01-Apr-2005 ~~408~~524,000.00 ~~406~~520,~~733~~890.6420 Grp II SubGrp II ~~0000434184~~0000435079 CA 9080.00 01-Apr-2005 ~~332~~242,~~999~~400.00 ~~331~~242,~~864~~400.5500 Grp II SubGrp II ~~0000434925~~0000435243 WAWI 8879.5899 01-Apr-2005 ~~487~~174,~~200~~300.00 ~~485~~174,~~448~~198.4234 Grp II SubGrp II ~~0000435788~~0000435348 CAAZ 80.00 01-Apr-2005 ~~440~~228,000.00 ~~440~~227,771.89 Grp II SubGrp II 0000435933 CA 74.99 01-Apr-2005 272,550.00 272,548.31 Grp II SubGrp II 0000435954 CA 90.00 01-Apr-2005 364,500.00 364,499.71 Grp II SubGrp II 0000436166 FL 90.00 01-Feb-2005 207,000.00 205,862.60 Grp II SubGrp II ~~0000437442~~0000437454 CA 79.98 01-May-2005 473,900.00 471,836.80 Grp II SubGrp II 0000437466 CA 80.00 01-Apr-2005 ~~205~~279,~~050~~200.00 ~~205~~279,~~050~~200.00 Grp II SubGrp II ~~0000437779~~0000437767 CAFL 6885.9200 01-Apr-2005 ~~672~~729,~~000~~300.00 ~~669~~726,~~710~~019.66 Grp II SubGrp II ~~0000437830~~0000437797 IL 62.18 01-Mar-2005 600,000.00 596,236.13 Grp II SubGrp II 0000437868 CA 8590.00 01-Apr-2005 ~~522~~472,~~750~~500.00 ~~520~~470,~~359~~561.0792 Grp II SubGrp II ~~0000437857~~0000437875 FL 80.00 01-Apr-2005 ~~492~~456,000.00 ~~492~~453,883.82 Grp II SubGrp II 0000437894 CA 80.00 01-Mar-2005 440,000.00 440,000.00 Grp II SubGrp II ~~0000437863~~0000437923 CA 8590.00 01-Apr-2005 ~~484~~405,~~500~~000.00 ~~482~~403,~~773~~291.1952 Grp II SubGrp II ~~0000437928~~0000437925 CA 9072.14 01-Apr-2005 404,000.00 401,551.86 Grp II SubGrp II 0000437962 CA 89.88 01-Apr-2005 ~~405~~382,000.00 ~~400~~380,~~692~~228.3096 Grp II SubGrp II ~~0000437964~~0000438068 CA 80.00 01-Mar-2005 315,200.00 315,198.58 Grp II SubGrp II 0000438190 OH 85.00 01-Apr-2005 ~~380~~259,165.00 258,188.69 Grp II SubGrp II 0000438396 IL 95.00 01-Apr-2005 203,300.00 202,566.03 Grp II SubGrp II 0000438605 CA 80.00 01-Mar-2005 168,800.00 168,800.00 Grp II SubGrp II 0000441435 MD 100.00 01-Apr-2005 225,000.00 ~~378~~224,~~539~~055.2953 Grp II SubGrp II ~~0000441511~~0000441718 CA 9080.00 01-Apr-2005 ~~495~~324,000.00 ~~495~~324,000.00 Grp II SubGrp II ~~0000442231~~0000442261 NM 85.00 01-May-2005 361,250.00 359,752.03 Grp II SubGrp II 0000442384 NJ 90.00 01-May-2005 701,100.00 698,359.63 Grp II SubGrp II 0000442688 CA 81.88 01-May-2005 393,000.2700 391,478.99 Grp II SubGrp II 0000442947 CA 90.00 01-Apr-2005 ~~392~~423,~~800~~000.00 ~~392~~423,~~800~~000.00 Grp II SubGrp II ~~0000442691~~0000443124 ILCA 80.00 01-May-2005 ~~360~~476,000.00 ~~358~~473,~~718~~971.96 Grp II SubGrp II ~~0000443122~~0000443617 AZCA 8490.9900 01-~~Apr~~May-2005 ~~566~~420,~~900~~515.00 ~~564~~420,~~822~~515.2600 Grp II SubGrp II 0000447472 OR 80.00 01-May-2005 182,400.00 182,400.00

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I SubGrp I ~~0000434429~~0000433054 Loan Paid in Full 0 8.500% 240 7 Group I SubGrp I 0000434198 Loan Paid in Full 0 7.~~550~~990% 360 8 Group I SubGrp I 0000434403 Loan Paid in Full 0 7.100% 360 5 Group I SubGrp I ~~0000434570~~0000434459 Loan Paid in Full 0 6.950% 360 5 Group I SubGrp I 0000434611 Loan Paid in Full 0 6.700% 360 5 Group I SubGrp I 0000434689 Loan Paid in Full 0 11.100% 240 5 Group I SubGrp I 0000434796 Loan Paid in Full 0 9.500% 360 45 Group I SubGrp I ~~0000434770~~0000435104 Loan Paid in Full 0 12.050% 360 5 Group I SubGrp I 0000435242 Loan Paid in Full (1) 910.~~800~~250% 180 5 Group I SubGrp I 0000435347 Loan Paid in Full 0 8.250% 180 5 Group I SubGrp I 0000435747 Loan Paid in Full 0 8.375% 360 45 Group I SubGrp I ~~0000436234~~0000436198 Loan Paid in Full 0 9.~~125~~750% ~~180~~240 65 Group I SubGrp I ~~0000437441~~0000437165 Loan Paid in Full 0 10.~~750~~990% 360 45 Group I SubGrp I ~~0000437557~~0000437428 Loan Paid in Full 0 10.~~625~~750% 360 4 Group I SubGrp I ~~0000438138~~0000438049 Loan Paid in Full 0 7.~~000~~875% 360 45 Group I SubGrp I ~~0000438734~~0000438094 Loan Paid in Full 0 7.~~823~~750% 360 45 Group I SubGrp I ~~0000439469~~0000438185 Loan Paid in Full 20 117.~~000~~245% ~~180~~360 45 Group I SubGrp I ~~0000439630~~0000439741 Loan Paid in Full 0 9.990% 180 5 Group I SubGrp I ~~0000440046~~0000442666 Loan Paid in Full 1 11.365% 180 5 Group I SubGrp I 0000443295 Loan Paid in Full (1) 108.~~500~~875% ~~180~~360 45 Group I SubGrp II 0000433399 Loan Paid in Full (1) 6.250% 360 8 Group I ~~0000441585~~SubGrp II 0000433984 Loan Paid in Full 0 105.~~990~~750% ~~180~~360 47 Group I SubGrp III ~~0000443070~~0000434038 Loan Paid in Full 0 106.~~625~~150% ~~180~~360 45 Group I SubGrp II ~~0000434040~~0000434049 Loan Paid in Full 0 7.~~250~~350% 360 45 Group I SubGrp II ~~0000434059~~0000434051 Loan Paid in Full 0 98.~~400~~850% 360 45 Group I SubGrp II ~~0000434071~~0000434062 Loan Paid in Full 0 106.~~350~~550% 360 45 Group I SubGrp II ~~0000434104~~0000434102 Loan Paid in Full 10 79.850% 360 5 Group I SubGrp II 0000434181 Loan Paid in Full 0 5.800% 360 45 Group I SubGrp II ~~0000434239~~0000434237 Loan Paid in Full 0 6.~~800~~150% 360 45 Group I SubGrp II ~~0000434241~~0000434242 Loan Paid in Full 0 7.~~000~~550% 360 5 Group I SubGrp II 0000434263 Loan Paid in Full 0 8.550% 360 6 Group I SubGrp II ~~0000434248~~0000434359 Loan Paid in Full 0 76.~~025~~250% 360 5 Group I SubGrp II ~~0000434260~~0000434382 Loan Paid in Full 0 57.~~800~~250% 360 412 Group I SubGrp II ~~0000434318~~0000434463 Loan Paid in Full 0 6.~~400~~500% 360 45 Group I SubGrp II ~~0000434363~~0000434487 Loan Paid in Full 0 46.990% 360 45 Group I SubGrp II ~~0000434634~~0000434563 Loan Paid in Full 0 7.~~790~~500% 360 46 Group I SubGrp II ~~0000434792~~0000434644 Loan Paid in Full 02 8.800% 360 5 Group I SubGrp II 0000434672 Loan Paid in Full (1) 9.250% 360 5 Group I SubGrp II 0000434790 Loan Paid in Full (1) 7.~~350~~950% 360 45 Group I SubGrp II ~~0000434966~~0000434798 Loan Paid in Full 0 76.500% 360 45 Group I SubGrp II ~~0000435134~~0000434923 Loan Paid in Full 0 6.990% 360 5 Group I SubGrp II 0000434930 Loan Paid in Full 0 5.~~250~~925% 360 45 Group I SubGrp II ~~0000435228~~0000434948 Loan Paid in Full 0 8.700% 360 5 Group I SubGrp II 0000434949 Loan Paid in Full 0 5.~~625~~650% 360 45 Group I SubGrp II ~~0000435345~~0000435046 Loan Paid in Full 0 6.775% 360 5 Group I SubGrp II 0000435061 Loan Paid in Full (1) 5.~~750~~450% 360 45 Group I SubGrp II ~~0000435738~~0000435121 Loan Paid in Full 0 6.700% 360 5 Group I SubGrp II 0000435123 Loan Paid in Full 0 6.050% 360 5 Group I SubGrp II 0000435131 Loan Paid in Full 0 9.000% 360 5 Group I SubGrp II 0000435263 Loan Paid in Full 0 6.500% 360 6 Group I SubGrp II 0000435277 Loan Paid in Full 0 6.875% 360 46 Group I SubGrp II ~~0000435972~~0000435315 Loan Paid in Full 0 75.~~375~~999% 360 5 Group I SubGrp II ~~0000436938~~0000435505 Loan Paid in Full (1) 6.750% 360 7 Group I SubGrp II 0000435774 Loan Paid in Full 0 7.625% 360 6 Group I SubGrp II 0000435941 Loan Paid in Full 0 5.990% 360 45 Group I SubGrp II ~~0000437020~~0000436005 Loan Paid in Full 1 6.375% 360 5 Group I SubGrp II 0000436213 Loan Paid in Full 0 6.~~875~~625% 360 36 Group I SubGrp II ~~0000437566~~0000436999 Loan Paid in Full 0 7.~~500~~625% 360 35 Group I SubGrp II ~~0000437841~~0000437433 Loan Paid in Full 0 76.~~135~~500% 360 4 Group I SubGrp II ~~0000438006~~0000437547 Loan Paid in Full 0 6.500% 360 5 Group I SubGrp II 0000437596 Loan Paid in Full 2 5.625% 360 5 Group I SubGrp II 0000438019 Loan Paid in Full (1) 7.260% 360 45 Group I SubGrp II ~~0000438018~~0000438042 Loan Paid in Full 0 6.250% 360 6 Group I SubGrp II 0000438060 Loan Paid in Full 0 8.745% 360 5 Group I SubGrp II 0000438071 Loan Paid in Full 0 8.625% 360 5 Group I SubGrp II 0000438083 Loan Paid in Full 0 7.~~620~~010% 360 45 Group I SubGrp II ~~0000438029~~0000438101 Loan Paid in Full 0 7.~~375~~385% 360 45 Group I SubGrp II ~~0000438078~~0000438183 Loan Paid in Full 0 7.~~620~~250% 360 45 Group I SubGrp II ~~0000438096~~0000438188 Loan Paid in Full 0 6.~~750~~620% 360 45 Group I SubGrp II ~~0000438166~~0000438232 Loan Paid in Full 0 6.995% 360 45 Group I SubGrp II ~~0000438182~~0000438236 Loan Paid in Full 0 7.630% 360 5 Group I SubGrp II 0000438239 Loan Paid in Full 0 6.995% 360 45 Group I SubGrp II ~~0000438218~~0000438252 Loan Paid in Full 0 6.~~375~~990% 360 45 Group I SubGrp II ~~0000438335~~0000438262 Loan Paid in Full 0 67.~~250~~625% 360 45 Group I SubGrp II ~~0000438377~~0000438351 Loan Paid in Full 0 5.750% 360 5 Group I SubGrp II 0000438389 Loan Paid in Full 0 7.~~245~~500% 360 4 Group I SubGrp II ~~0000438387~~0000438494 Loan Paid in Full 10 87.245% 360 45 Group I SubGrp II ~~0000438390~~0000438594 Loan Paid in Full 0 7.~~990~~495% 360 45 Group I SubGrp II ~~0000438484~~0000438616 Loan Paid in Full 0 87.~~740~~995% 360 5 Group I SubGrp II ~~0000438499~~0000438723 Loan Paid in Full 0 7.~~000~~245% 360 45 Group I SubGrp II ~~0000438503~~0000438781 Loan Paid in Full 0 7.125% 360 5 Group I SubGrp II 0000438870 Loan Paid in Full 2 67.~~900~~240% 360 45 Group I SubGrp II ~~0000438909~~0000438876 Loan Paid in Full 0 65.~~125~~995% 360 45 Group I SubGrp II ~~0000438958~~0000438900 Loan Paid in Full 0 7.~~245~~265% 360 45 Group I SubGrp II ~~0000439162~~0000438902 Loan Paid in Full 0 7.990% 360 5 Group I SubGrp II 0000439004 Loan Paid in Full 0 8.~~740~~125% 360 45 Group I SubGrp II ~~0000439190~~0000439035 Loan Paid in Full (3 6.375% 360 5 Group I SubGrp II 0000439088 Loan Paid in Full 0 8.870% 360 5 Group I SubGrp II 0000439147 Loan Paid in Full 0 8.745% 360 5 Group I SubGrp II 0000439249 Loan Paid in Full 0 6.995% 360 5 Group I SubGrp II 0000439479 Loan Paid in Full 0 6.875% 360 5 Group I SubGrp II 0000439594 Loan Paid in Full 1) 78.~~880~~000% 360 45 Group I SubGrp II ~~0000439231~~0000439623 Loan Paid in Full 1 67.370% 360 45 Group I SubGrp II ~~0000439333~~0000439746 Loan Paid in Full 0 7.~~880~~750% 360 45 Group I SubGrp II ~~0000439401~~0000439818 Loan Paid in Full 02 8.745% 360 45 Group I SubGrp II ~~0000439525~~0000439905 Loan Paid in Full 0 7.~~125~~990% 360 35 Group I SubGrp II ~~0000441492~~0000441714 Loan Paid in Full 0 65.~~150~~650% 360 5 Group I SubGrp II 0000442153 Loan Paid in Full 1 7.825% 360 4 Group I SubGrp II ~~0000442285~~0000442286 Loan Paid in Full 0 9.495% 360 34 Group I SubGrp II ~~0000442422~~0000442307 Loan Paid in Full (0 6.870% 360 4 Group I SubGrp II 0000442447 Loan Paid in Full 1) 7.~~620~~750% 360 4 Group I SubGrp II ~~0000442645~~0000442455 Loan Paid in Full 0 89.~~250~~620% 360 35 Group I SubGrp II ~~0000442733~~0000442462 Loan Paid in Full 0 6.~~995~~630% 360 34 Group I SubGrp II ~~0000442852~~0000442463 Loan Paid in Full 0 7.620% 360 4 Group I SubGrp II 0000442786 Loan Paid in Full 0 8.~~245~~125% 360 34 Group I SubGrp II ~~0000443144~~0000442808 Loan Paid in Full 0 8.495% 360 4 Group I SubGrp II 0000442813 Loan Paid in Full 0 6.~~245~~500% 360 4 Group I SubGrp II ~~0000443223~~0000443148 Loan Paid in Full 0 86.~~635~~808% 360 35 Group I SubGrp II ~~0000443400~~0000443150 Loan Paid in Full 2 7.620% 360 4 Group I SubGrp II 0000443310 Loan Paid in Full 0 96.~~995~~760% 360 5 Group I SubGrp II 0000447531 Loan Paid in Full 0 8.250% 360 4 Group I SubGrp II ~~0000447493~~0000447561 Loan Paid in Full 0 8.700% 360 5 Grp II SubGrp I 0000433398 Loan Paid in Full (1) 8.500% 180 8 Grp II SubGrp I 0000433918 Loan Paid in Full 0 12.500% 180 7 Grp II SubGrp I 0000434008 Loan Paid in Full 0 10.~~550~~000% 180 6 Grp II SubGrp I 0000434789 Loan Paid in Full (1) 11.350% 360 35 Grp II SubGrp I ~~0000435149~~0000435257 Loan Paid in Full 0 11.125% 360 6 Grp II SubGrp I 0000435314 Loan Paid in Full 0 9.~~950~~750% 360 45 Grp II SubGrp I ~~0000438672~~0000435932 Loan Paid in Full 0 8.~~760~~625% 360 45 Grp II SubGrp I ~~0000439024~~0000435951 Loan Paid in Full 20 9.625% 360 5 Grp II SubGrp I 0000436212 Loan Paid in Full 0 10.~~500~~250% 180 6 Grp II SubGrp I 0000437453 Loan Paid in Full 0 10.375% 360 4 Grp II SubGrp I ~~0000439506~~0000438687 Loan Paid in Full 0 6.900% 360 5 Grp II SubGrp I 0000438915 Loan Paid in Full (1) 97.590% 360 5 Grp II SubGrp I 0000439186 Loan Paid in Full (1) 10.500% 180 6 Grp II SubGrp I 0000440022 Loan Paid in Full 0 11.000% 180 6 Grp II SubGrp I 0000441562 Loan Paid in Full 0 10.500% 180 5 Grp II SubGrp I ~~0000439740~~0000441563 Loan Paid in Full 0 9.~~875~~990% 180 45 Grp II SubGrp I 0000441572 Loan Paid in Full 0 10.375% 180 5 Grp II ~~0000426435~~SubGrp I 0000442578 Loan Paid in Full 0 79.500% 180 5 Grp II SubGrp I 0000443082 Loan Paid in Full 0 10.875% ~~360~~180 5 Grp II SubGrp II 0000434163 Loan Paid in Full 0 6.000% 360 5 Grp II SubGrp II ~~0000433574~~0000434220 Loan Paid in Full 1 76.~~125~~400% 360 5 Grp II SubGrp II 0000434278 Loan Paid in Full 0 6.950% 360 5 Grp II SubGrp II ~~0000433913~~0000435031 Loan Paid in Full 0 6.100% 360 5 Grp II SubGrp II 0000435079 Loan Paid in Full 0 6.250% 360 5 Grp II SubGrp II 0000435243 Loan Paid in Full (1) 7.000% 360 5 Grp II SubGrp II 0000435348 Loan Paid in Full 0 6.~~875~~000% 360 5 Grp II SubGrp II ~~0000434113~~0000435933 Loan Paid in Full 0 75.~~550~~625% 360 45 Grp II SubGrp II ~~0000434154~~0000435954 Loan Paid in Full 0 5.500% 360 5 Grp II SubGrp II 0000436166 Loan Paid in Full (1) 8.~~450~~000% 360 47 Grp II SubGrp II ~~0000434184~~0000437454 Loan Paid in Full 0 76.~~990~~750% 360 4 Grp II SubGrp II ~~0000434925~~0000437466 Loan Paid in Full 0 6.250% 360 5 Grp II SubGrp II 0000437767 Loan Paid in Full 0 7.~~750~~875% 360 45 Grp II SubGrp II ~~0000435788~~0000437797 Loan Paid in Full 0 6.~~125~~630% 360 46 Grp II SubGrp II ~~0000437442~~0000437868 Loan Paid in Full 0 7.~~500~~990% 360 45 Grp II SubGrp II ~~0000437779~~0000437875 Loan Paid in Full 0 7.370% 360 5 Grp II SubGrp II 0000437894 Loan Paid in Full (1) 5.990% 360 46 Grp II SubGrp II ~~0000437830~~0000437923 Loan Paid in Full 0 67.~~495~~850% 360 45 Grp II SubGrp II ~~0000437857~~0000437925 Loan Paid in Full 20 65.~~870~~990% 360 45 Grp II SubGrp II ~~0000437863~~0000437962 Loan Paid in Full 0 7.~~765~~375% 360 45 Grp II SubGrp II ~~0000437928~~0000438068 Loan Paid in Full 0 7.365% 360 6 Grp II SubGrp II 0000438190 Loan Paid in Full (1) 8.495% 360 5 Grp II SubGrp II 0000438396 Loan Paid in Full 0 8.620% 360 5 Grp II SubGrp II 0000438605 Loan Paid in Full 0 6.~~370~~990% 360 46 Grp II SubGrp II ~~0000437964~~0000441435 Loan Paid in Full 0 7.~~385~~875% 360 45 Grp II SubGrp II ~~0000441511~~0000441718 Loan Paid in Full 0 85.650% 360 5 Grp II SubGrp II 0000442261 Loan Paid in Full 0 7.000% 360 4 Grp II SubGrp II 0000442384 Loan Paid in Full (1) 7.800% 360 4 Grp II SubGrp II ~~0000442231~~0000442688 Loan Paid in Full 0 7.~~100~~380% 360 4 Grp II SubGrp II ~~0000442691~~0000442947 Loan Paid in Full 0 6.~~625~~450% 360 35 Grp II SubGrp II ~~0000443122~~0000443124 Loan Paid in Full 0 6.900% 360 4 Grp II SubGrp II 0000443617 Loan Paid in Full 1 7.~~625~~990% 360 4 Grp II SubGrp II 0000447472 Loan Paid in Full (1) 6.550% 360 4

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 13.~~926~~099% Current Month 2031.~~810~~457% Current Month 23,~~556~~101.~~421~~705% 3 Month Average 12.~~487~~184% 3 Month Average 1623.~~372~~042% 3 Month Average 2,~~688~~801.~~169~~125% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 8.291% N/A May-2005 3,829.585% N/A Jun-2005 11.449% N/A Jun-2005 2,762.838% N/A Jul-2005 16.858% N/A Jul-2005 2,745.248% N/A Aug-2005 20.810% N/A Aug-2005 2,556.421% N/A Sep-2005 31.457% N/A Sep-2005 3,101.705% 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 I SubGrp I SMM CPR PSA Current Month 12.~~127~~245% Current Month 1223.~~711~~854% Current Month 12,~~511~~293.~~352~~604% 3 Month Average 01.~~803~~398% 3 Month Average 915.~~178~~336% 3 Month Average 1,~~401~~759.~~339~~269% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 5.030% N/A May-2005 2,050.559% N/A Jun-2005 5.378% N/A Jun-2005 1,219.814% N/A Jul-2005 9.444% N/A Jul-2005 1,472.851% N/A Aug-2005 12.711% N/A Aug-2005 1,511.352% N/A Sep-2005 23.854% N/A Sep-2005 2,293.604% 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 I SubGrp II SMM CPR PSA Current Month 23.~~240~~542% Current Month 2335.~~805~~129% Current Month 3,~~003~~542.~~734~~281% 3 Month Average 12.~~664~~582% 3 Month Average 1826.~~018~~704% 3 Month Average 23,~~960~~372.~~849~~936% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 8.919% N/A May-2005 4,579.393% N/A Jun-2005 9.071% N/A Jun-2005 2,306.020% N/A Jul-2005 21.178% N/A Jul-2005 3,572.792% N/A Aug-2005 23.805% N/A Aug-2005 3,003.734% N/A Sep-2005 35.129% N/A Sep-2005 3,542.281% 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. Grp II SubGrp I SMM CPR PSA Current Month 02.~~885~~390% Current Month 1025.~~118~~199% Current Month 12,~~207~~429.~~714~~028% 3 Month Average 1.~~110~~594% 3 Month Average 1217.~~485~~320% 3 Month Average 2,~~086~~082.~~971~~196% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 18.080% N/A May-2005 7,486.034% N/A Jun-2005 10.695% N/A Jun-2005 2,443.354% N/A Jul-2005 16.643% N/A Jul-2005 2,609.845% N/A Aug-2005 10.118% N/A Aug-2005 1,207.714% N/A Sep-2005 25.199% N/A Sep-2005 2,429.028% 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. Grp II SubGrp II SMM CPR PSA Current Month 12.~~918~~914% Current Month 2029.~~738~~871% Current Month 2,~~504~~901.~~352~~580% 3 Month Average 12.~~505~~011% 3 Month Average 1621.~~582~~371% 3 Month Average 2,~~757~~518.~~759~~684% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 6.817% N/A May-2005 2,970.099% N/A Jun-2005 15.502% N/A Jun-2005 3,618.804% N/A Jul-2005 13.504% N/A Jul-2005 2,150.120% N/A Aug-2005 20.738% N/A Aug-2005 2,504.352% N/A Sep-2005 29.871% N/A Sep-2005 2,901.580% 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 I SubGrp I 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 I SubGrp II 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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. Grp II SubGrp I 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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. Grp II SubGrp II 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Trust 2005-HE3