8-K 1 sac05nc2_8k-200512.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): December 27, 2005 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-NC2 (Exact name of registrant as specified in its charter) New York (governing law of 333-120575-28 Pooling and Servicing Agreement) (Commission 54-2175618 (State or other File Number) 54-2175619 jurisdiction 54-2175620 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 December 27, 2005 a distribution was made to holders of STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2005-NC2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-NC2 Trust, relating to the December 27, 2005 distribution. EX-99.2 Risk Management Group Risk Manager 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-NC2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-NC2 Trust, relating to the December 27, 2005 distribution. EX-99.2 Risk Management Group Risk Manager EX-99.1 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series SASCO 2005-NC2 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

Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series SASCO 2005-NC2 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~~Class CUSIP Certificate Beginning ~~Class~~Interest Pass-Through Certificate ~~Interest~~Distribution ~~Class CUSIP Description~~ Rate Balance ~~Distribution~~ A1 86359DCE5 ~~SEN 3~~4.~~74000~~47375% ~~308~~263,~~328~~979,~~231~~455.0692 ~~992~~1,~~988~~049,758.2030 A2 86359DCF2 ~~SEN 3~~4.~~78000~~51375% 7765,~~082~~995,~~298~~070.4908 ~~250~~264,~~902~~786.8889 A3 86359DCG0 ~~SEN 3~~4.~~55000~~28375% ~~177~~120,~~006~~255,~~178~~248.8082 ~~541~~457,~~098~~905.0526 A4 86359DCH8 ~~SEN 3~~4.~~69000~~42375% 220,328,000.00 ~~700~~866,~~092~~378.2266 M1 86359DCM7 ~~MEZ 3~~4.~~83000~~56375% 24,692,000.00 81100,~~435~~167.5921 M2 86359DCN5 ~~MEZ 3~~4.~~87000~~60375% 7,747,000.00 2531,~~816~~702.8845 M3 86359DCP0 ~~MEZ 3~~4.~~89000~~62375% 24,208,000.00 8199,~~090~~494.0888 M4 86359DCQ8 ~~MEZ 3~~4.~~93000~~66375% 16,945,000.00 5770,~~344~~246.7044 M5 86359DCR6 ~~MEZ~~ 4.~~08000~~81375% 14,525,000.00 5162,~~031~~150.1786 M6 86359DCS4 ~~MEZ~~ 4.~~11000~~84375% 13,556,000.00 4758,~~976~~366.9411 M7 86359DCT2 ~~MEZ~~ 4.~~16000~~89375% 9,683,000.00 3442,~~686~~121.6605 M8 86359DCU9 ~~MEZ 4~~5.~~66000~~39375% 9,683,000.00 3846,~~855~~424.7361 M9 86359DCV7 ~~MEZ 4~~5.~~76000~~49375% 9,683,000.00 3947,~~689~~285.5432 M10 86359DCW5 ~~MEZ~~ 5.~~16000~~89375% 9,683,000.00 4350,~~024~~728.8016 B 86359DCX3 ~~SUB 5~~6.~~96000~~69375% 9,683,000.00 4957,~~695~~613.3185 X SAC05NC2X ~~SEN~~ 0.00000% 4,840,579.70 1,~~874~~214,~~931~~345.1651 P SAC05NC2P ~~SEN~~ 0.00000% 100.00 ~~387~~593,~~752~~835.9439 R SAC5NC2R1 ~~RES~~ 0.00000% 0.00 0.00 Totals ~~937~~825,~~673~~486,~~388~~454.0552 5,~~298~~113,~~412~~310.8595

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses A1 711,~~329~~060,~~103~~627.9420 0.00 ~~300~~252,~~999~~918,~~127~~828.1273 812,~~322~~110,~~092~~385.1450 0.00 A2 12,~~832~~765,~~281~~165.7143 0.00 7563,~~250~~229,~~016~~904.7864 23,~~083~~029,~~184~~952.5932 0.00 A3 1115,~~531~~922,~~032~~680.8372 0.00 ~~165~~104,~~475~~332,~~145~~568.9710 1216,~~072~~380,~~130~~585.8898 0.00 A4 0.00 0.00 220,328,000.00 ~~700~~866,~~092~~378.2266 0.00 M1 0.00 0.00 24,692,000.00 81100,~~435~~167.5921 0.00 M2 0.00 0.00 7,747,000.00 2531,~~816~~702.8845 0.00 M3 0.00 0.00 24,208,000.00 8199,~~090~~494.0888 0.00 M4 0.00 0.00 16,945,000.00 5770,~~344~~246.7044 0.00 M5 0.00 0.00 14,525,000.00 5162,~~031~~150.1786 0.00 M6 0.00 0.00 13,556,000.00 4758,~~976~~366.9411 0.00 M7 0.00 0.00 9,683,000.00 3442,~~686~~121.6605 0.00 M8 0.00 0.00 9,683,000.00 3846,~~855~~424.7361 0.00 M9 0.00 0.00 9,683,000.00 3947,~~689~~285.5432 0.00 M10 0.00 0.00 9,683,000.00 4350,~~024~~728.8016 0.00 B 0.00 0.00 9,683,000.00 4957,~~695~~613.3185 0.00 X 0.00 0.00 4,840,579.70 1,~~874~~214,~~931~~345.1651 0.00 P 0.00 0.00 100.00 ~~387~~593,~~752~~835.9439 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 2029,~~692~~748,~~418~~473.4835 0.00 ~~916~~795,~~980~~737,~~969~~981.5717 2534,~~990~~861,~~831~~784.3330 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~ This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ A1 320,215,000.00 ~~308~~263,~~328~~979,~~231~~455.0692 0.00 711,~~329~~060,~~103~~627.9420 0.00 0.00 A2 80,054,000.00 7765,~~082~~995,~~298~~070.4908 0.00 12,~~832~~765,~~281~~165.7143 0.00 0.00 A3 192,779,000.00 ~~177~~120,~~006~~255,~~178~~248.8082 0.00 1115,~~531~~922,~~032~~680.8372 0.00 0.00 A4 220,328,000.00 220,328,000.00 0.00 0.00 0.00 0.00 M1 24,692,000.00 24,692,000.00 0.00 0.00 0.00 0.00 M2 7,747,000.00 7,747,000.00 0.00 0.00 0.00 0.00 M3 24,208,000.00 24,208,000.00 0.00 0.00 0.00 0.00 M4 16,945,000.00 16,945,000.00 0.00 0.00 0.00 0.00 M5 14,525,000.00 14,525,000.00 0.00 0.00 0.00 0.00 M6 13,556,000.00 13,556,000.00 0.00 0.00 0.00 0.00 M7 9,683,000.00 9,683,000.00 0.00 0.00 0.00 0.00 M8 9,683,000.00 9,683,000.00 0.00 0.00 0.00 0.00 M9 9,683,000.00 9,683,000.00 0.00 0.00 0.00 0.00 M10 9,683,000.00 9,683,000.00 0.00 0.00 0.00 0.00 B 9,683,000.00 9,683,000.00 0.00 0.00 0.00 0.00 X 4,840,579.70 4,840,579.70 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 968,304,679.70 ~~937~~825,~~673~~486,~~388~~454.0552 0.00 2029,~~692~~748,~~418~~473.4835 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) Class Total Ending Ending Total Principal Certificate Certificate Principal ~~Class~~ Reduction Balance Percentage Distribution A1 711,~~329~~060,~~103~~627.9420 ~~300~~252,~~999~~918,~~127~~828.1273 0.~~93999072~~789841 711,~~329~~060,~~103~~627.9420 A2 12,~~832~~765,~~281~~165.7143 7563,~~250~~229,~~016~~904.7864 0.~~93999072~~789841 12,~~832~~765,~~281~~165.7143 A3 1115,~~531~~922,~~032~~680.8372 ~~165~~104,~~475~~332,~~145~~568.9710 0.~~85836707~~541203 1115,~~531~~922,~~032~~680.8372 A4 0.00 220,328,000.00 1.~~00000000~~000000 0.00 M1 0.00 24,692,000.00 1.~~00000000~~000000 0.00 M2 0.00 7,747,000.00 1.~~00000000~~000000 0.00 M3 0.00 24,208,000.00 1.~~00000000~~000000 0.00 M4 0.00 16,945,000.00 1.~~00000000~~000000 0.00 M5 0.00 14,525,000.00 1.~~00000000~~000000 0.00 M6 0.00 13,556,000.00 1.~~00000000~~000000 0.00 M7 0.00 9,683,000.00 1.~~00000000~~000000 0.00 M8 0.00 9,683,000.00 1.~~00000000~~000000 0.00 M9 0.00 9,683,000.00 1.~~00000000~~000000 0.00 M10 0.00 9,683,000.00 1.~~00000000~~000000 0.00 B 0.00 9,683,000.00 1.~~00000000~~000000 0.00 X 0.00 4,840,579.70 1.~~00000000~~000000 0.00 P 0.00 100.00 1.~~00000000~~000000 0.00 R 0.00 0.00 0.~~00000000~~000000 0.00 Totals 2029,~~692~~748,~~418~~473.4835 ~~916~~795,~~980~~737,~~969~~981.5717 0.~~94699632~~821785 2029,~~692~~748,~~418~~473.4835

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ A1 320,215,000.00 ~~962~~824.~~87878788~~381918 0.~~00000000~~000000 2234.~~88807189~~541253 0.~~00000000~~000000 A2 80,054,000.00 ~~962~~824.~~87878794~~381918 0.~~00000000~~000000 2234.~~88807193~~541253 0.~~00000000~~000000 A3 192,779,000.00 ~~918~~623.~~18184968~~798489 0.~~00000000~~000000 5982.~~81477666~~595515 0.~~00000000~~000000 A4 220,328,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M1 24,692,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M2 7,747,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M3 24,208,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M4 16,945,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M5 14,525,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M6 13,556,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M7 9,683,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M8 9,683,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M9 9,683,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M10 9,683,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 B 9,683,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 X 4,840,579.70 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 100.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 R 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 (2) All classes are per $1,000 denomination~~000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total ~~Realized~~Loss Principal Certificate Certificate Principal ~~Class Loss (3)~~ Reduction Balance Percentage Distribution A1 0.~~00000000~~000000 2234.~~88807189~~541253 ~~939~~789.~~99071599~~840666 0.~~93999072~~789841 2234.~~88807189~~541253 A2 0.~~00000000~~000000 2234.~~88807193~~541253 ~~939~~789.~~99071602~~840666 0.~~93999072~~789841 2234.~~88807193~~541253 A3 0.~~00000000~~000000 5982.~~81477666~~595515 ~~858~~541.~~36707302~~202974 0.~~85836707~~541203 5982.~~81477666~~595515 A4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 B 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~(3)~~All ~~Amount~~classes ~~Does~~are ~~Not~~per ~~Include Excess Special Hazard~~$1,000 ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~denomination

Interest Distribution Statement ~~Beginning~~Class ~~Payment~~Accrual ofAccrual ~~Original~~ Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of ~~Face~~Dates Days Certificate ~~Notional~~Certificate/ Accrued ~~Interest~~Unpaid Interest ~~Class Amount~~ Rate Notional Balance Interest Shortfall ~~Shortfall~~ A1 ~~320,215,000.00~~11/25/05 3- 12/26/05 32 4.~~74000~~47375% ~~308~~263,~~328~~979,~~231~~455.0692 ~~992~~1,~~988~~049,758.2030 0.00 ~~0.00~~ A2 ~~80,054,000.00~~11/25/05 3- 12/26/05 32 4.~~78000~~51375% 7765,~~082~~995,~~298~~070.4908 ~~250~~264,~~902~~786.8889 0.00 ~~0.00~~ A3 ~~192,779,000.00~~11/25/05 3- 12/26/05 32 4.~~55000~~28375% ~~177~~120,~~006~~255,~~178~~248.8082 ~~541~~457,~~098~~905.0526 0.00 ~~0.00~~ A4 ~~220,328,000.00~~11/25/05 3- 12/26/05 32 4.~~69000~~42375% 220,328,000.00 ~~700~~866,~~092~~378.2266 0.00 ~~0.00~~ M1 ~~24,692,000.00~~11/25/05 3- 12/26/05 32 4.~~83000~~56375% 24,692,000.00 81100,~~435~~167.5921 0.00 ~~0.00~~ M2 ~~7,747,000.00~~11/25/05 3- 12/26/05 32 4.~~87000~~60375% 7,747,000.00 2531,~~816~~702.8845 0.00 ~~0.00~~ M3 ~~24,208,000.00~~11/25/05 3- 12/26/05 32 4.~~89000~~62375% 24,208,000.00 8199,~~090~~494.0888 0.00 ~~0.00~~ M4 ~~16,945,000.00~~11/25/05 3- 12/26/05 32 4.~~93000~~66375% 16,945,000.00 5770,~~344~~246.7044 0.00 ~~0.00~~ M5 ~~14,525,000.00~~11/25/05 - 12/26/05 32 4.~~08000~~81375% 14,525,000.00 5162,~~031~~150.1786 0.00 ~~0.00~~ M6 ~~13,556,000.00~~11/25/05 - 12/26/05 32 4.~~11000~~84375% 13,556,000.00 4758,~~976~~366.9411 0.00 ~~0.00~~ M7 ~~9,683,000.00~~11/25/05 - 12/26/05 32 4.~~16000~~89375% 9,683,000.00 3442,~~686~~121.6605 0.00 ~~0.00~~ M8 ~~9,683,000.00~~11/25/05 4- 12/26/05 32 5.~~66000~~39375% 9,683,000.00 3846,~~855~~424.7361 0.00 ~~0.00~~ M9 ~~9,683,000.00~~11/25/05 4- 12/26/05 32 5.~~76000~~49375% 9,683,000.00 3947,~~689~~285.5432 0.00 ~~0.00~~ M10 ~~9,683,000.00~~11/25/05 - 12/26/05 32 5.~~16000~~89375% 9,683,000.00 4350,~~024~~728.8016 0.00 ~~0.00~~ B ~~9,683,000.00~~11/25/05 5- 12/26/05 32 6.~~96000~~69375% 9,683,000.00 4957,~~695~~613.3185 0.00 ~~0.00~~ X ~~4,840,579.70~~N/A N/A 0.00000% ~~937~~825,~~673~~486,~~388~~454.0552 0.00 0.00 ~~0.00~~ P ~~100.00~~N/A N/A 0.00000% 100.00 0.00 0.00 ~~0.00~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ Totals ~~968,304,679.70~~ 3,~~035~~305,~~728~~130.7505 0.00 ~~0.00~~

Interest Distribution Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total ~~Unpaid~~Remaining ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Unpaid Interest Certificate/Notional ~~Class~~ Shortfall ~~Losses~~ (41) Shortfall Distribution Shortfall(2) Balance A1 0.00 0.00 ~~992~~1,~~988~~049,758.2030 0.00 ~~300~~252,~~999~~918,~~127~~828.1273 A2 0.00 0.00 ~~250~~264,~~902~~786.8889 0.00 7563,~~250~~229,~~016~~904.7864 A3 0.00 0.00 ~~541~~457,~~098~~905.0526 0.00 ~~165~~104,~~475~~332,~~145~~568.9710 A4 0.00 0.00 ~~700~~866,~~092~~378.2266 0.00 220,328,000.00 M1 0.00 0.00 81100,~~435~~167.5921 0.00 24,692,000.00 M2 0.00 0.00 2531,~~816~~702.8845 0.00 7,747,000.00 M3 0.00 0.00 8199,~~090~~494.0888 0.00 24,208,000.00 M4 0.00 0.00 5770,~~344~~246.7044 0.00 16,945,000.00 M5 0.00 0.00 5162,~~031~~150.1786 0.00 14,525,000.00 M6 0.00 0.00 4758,~~976~~366.9411 0.00 13,556,000.00 M7 0.00 0.00 3442,~~686~~121.6605 0.00 9,683,000.00 M8 0.00 0.00 3846,~~855~~424.7361 0.00 9,683,000.00 M9 0.00 0.00 3947,~~689~~285.5432 0.00 9,683,000.00 M10 0.00 0.00 4350,~~024~~728.8016 0.00 9,683,000.00 B 0.00 0.00 4957,~~695~~613.3185 0.00 9,683,000.00 X 0.00 0.00 1,~~874~~214,~~931~~345.1651 0.00 ~~916~~795,~~980~~737,~~969~~981.5717 P 0.00 0.00 ~~387~~593,~~752~~835.9439 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,~~298~~113,~~412~~310.8595 0.00 (41,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~ or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~applicable

Interest Distribution Factors Statement ~~Beginning~~Class ~~Payment~~Accrual of Original Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of Dates Face Certificate Certificate/Notional Accrued ~~Interest~~Unpaid Interest ~~Class (5)~~ Amount Rate Balance Interest Shortfall ~~Shortfall~~ A1 11/25/05 - 12/26/05 320,215,000.00 34.~~74000~~47375% ~~962~~824.~~87878788~~381918 3.~~10100464~~278292 0.~~00000000~~000000 ~~0.00000000~~ A2 11/25/05 - 12/26/05 80,054,000.00 34.~~78000~~51375% ~~962~~824.~~87878794~~381918 3.~~13417043~~307603 0.~~00000000~~000000 ~~0.00000000~~ A3 11/25/05 - 12/26/05 192,779,000.00 34.~~55000~~28375% ~~918~~623.~~18184968~~798489 2.~~80683088~~375286 0.~~00000000~~000000 ~~0.00000000~~ A4 11/25/05 - 12/26/05 220,328,000.00 34.~~69000~~42375% 1000.~~00000000~~000000 3.~~17750000~~932222 0.~~00000000~~000000 ~~0.00000000~~ M1 11/25/05 - 12/26/05 24,692,000.00 34.~~83000~~56375% 1000.~~00000000~~000000 34.~~29805565~~056667 0.~~00000000~~000000 ~~0.00000000~~ M2 11/25/05 - 12/26/05 7,747,000.00 34.~~87000~~60375% 1000.~~00000000~~000000 34.~~33250032~~092223 0.~~00000000~~000000 ~~0.00000000~~ M3 11/25/05 - 12/26/05 24,208,000.00 34.~~89000~~62375% 1000.~~00000000~~000000 34.~~34972241~~110000 0.~~00000000~~000000 ~~0.00000000~~ M4 11/25/05 - 12/26/05 16,945,000.00 34.~~93000~~66375% 1000.~~00000000~~000000 34.~~38416642~~145556 0.~~00000000~~000000 ~~0.00000000~~ M5 11/25/05 - 12/26/05 14,525,000.00 4.~~08000~~81375% 1000.~~00000000~~000000 34.~~51333356~~278889 0.~~00000000~~000000 ~~0.00000000~~ M6 11/25/05 - 12/26/05 13,556,000.00 4.~~11000~~84375% 1000.~~00000000~~000000 34.~~53916642~~305555 0.~~00000000~~000000 ~~0.00000000~~ M7 11/25/05 - 12/26/05 9,683,000.00 4.~~16000~~89375% 1000.~~00000000~~000000 34.~~58222245~~350000 0.~~00000000~~000000 ~~0.00000000~~ M8 11/25/05 - 12/26/05 9,683,000.00 45.~~66000~~39375% 1000.~~00000000~~000000 4.~~01277806~~794445 0.~~00000000~~000000 ~~0.00000000~~ M9 11/25/05 - 12/26/05 9,683,000.00 45.~~76000~~49375% 1000.~~00000000~~000000 4.~~09888877~~883334 0.~~00000000~~000000 ~~0.00000000~~ M10 11/25/05 - 12/26/05 9,683,000.00 5.~~16000~~89375% 1000.~~00000000~~000000 45.~~44333368~~238889 0.~~00000000~~000000 ~~0.00000000~~ B 11/25/05 - 12/26/05 9,683,000.00 56.~~96000~~69375% 1000.~~00000000~~000000 5.~~13222245~~950000 0.~~00000000~~000000 ~~0.00000000~~ X N/A 4,840,579.70 0.00000% ~~193710~~170534.~~96979356~~627189 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ P N/A 100.00 0.00000% 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ R N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 0.00000000 (5) All classes are per $1,000 denomination~~000000

Interest Distribution Factors Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total Remaining Unpaid ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Interest ~~Notional~~Certificate/ ~~Class~~ Shortfall ~~Losses~~ (61) Shortfall Distribution Shortfall(2) Notional Balance A1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~10100464~~278292 0.~~00000000~~000000 ~~939~~789.~~99071599~~840666 A2 0.~~00000000~~000000 0.~~00000000~~000000 3.~~13417043~~307603 0.~~00000000~~000000 ~~939~~789.~~99071602~~840666 A3 0.~~00000000~~000000 0.~~00000000~~000000 2.~~80683088~~375286 0.~~00000000~~000000 ~~858~~541.~~36707302~~202974 A4 0.~~00000000~~000000 0.~~00000000~~000000 3.~~17750000~~932222 0.~~00000000~~000000 1000.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~29805565~~056667 0.~~00000000~~000000 1000.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~33250032~~092223 0.~~00000000~~000000 1000.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~34972241~~110000 0.~~00000000~~000000 1000.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 34.~~38416642~~145556 0.~~00000000~~000000 1000.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 34.~~51333356~~278889 0.~~00000000~~000000 1000.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 34.~~53916642~~305555 0.~~00000000~~000000 1000.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 34.~~58222245~~350000 0.~~00000000~~000000 1000.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 4.~~01277806~~794445 0.~~00000000~~000000 1000.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 4.~~09888877~~883334 0.~~00000000~~000000 1000.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 45.~~44333368~~238889 0.~~00000000~~000000 1000.~~00000000~~000000 B 0.~~00000000~~000000 0.~~00000000~~000000 5.~~13222245~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 ~~387~~250.~~33607878~~867786 0.~~00000000~~000000 ~~189436~~164388.~~18872136~~984478 P 0.~~00000000~~000000 0.~~00000000~~000000 ~~3877529~~5938353.~~40000000~~900000 0.~~00000000~~000000 1000.~~00000000~~000000 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 (61,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed~~applicable. ~~Please~~All ~~Refer~~classes toare ~~the~~per ~~Prospectus~~$1,000 ~~Supplement for a Full Description.~~denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2634,~~001~~647,~~589~~277.3831 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(28,496.0066) Prepayment Penalties ~~387~~593,~~752~~835.9439 Swap/Cap Payments 0.00 Total Deposits 2635,~~389~~212,~~342~~616.3204 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 398~~350,~~511~~831.1974 Payment of Interest and Principal 2534,~~990~~861,~~831~~784.1330 Total Withdrawals (Pool Distribution Amount) 2635,~~389~~212,~~342~~616.3204 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~390~~343,~~697~~952.2569 Credit Risk Manager Fee 7- Risk Management Group,~~813~~ LLC 6,879.9405 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~398~~350,~~511~~831.1974 *Servicer Payees include: AURORA LOAN SRVCS INC

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account~~Balance ~~Type~~ Balance ~~Withdrawals~~Basis ~~Deposits~~Risk ~~Balance~~ Reserve ~~Fund~~ 1,000.00 04,185.0017 04,185.0017 1,000.00 ~~Reserve~~ Fund Supplemental Interest 1,000.00 1,~~874~~214,~~931~~345.1651 1,~~874~~214,~~931~~345.1651 1,000.00 ~~Reserve~~Account ~~Fund~~Prepayment Premiums 0.00 ~~387~~593,~~752~~835.9439 ~~387~~593,~~752~~835.9439 0.00

~~LOAN~~COLLATERAL ~~STATUS~~STATEMENT ~~STRATIFICATION/CREDIT~~Collateral ~~ENHANCEMENT~~Description ~~STATEMENT~~Fixed ~~DELINQUENT~~& ~~BANKRUPTCY~~Mixed ~~FORECLOSURE~~ARM ~~REO~~Weighted ~~Total~~Average NoGross ofCoupon ~~Loans~~7.181512% NoWeighted ofAverage ~~Loans~~Net NoCoupon of6.681512% ~~Loans~~Weighted NoAverage ofPass-Through ~~Loans~~Rate No6.300723% ofWeighted ~~Loans~~Average ~~Principal~~Remaining ~~Balance~~Term ~~Principal~~347 ~~Balance~~Beginning ~~Principal~~Scheduled ~~Balance~~Collateral ~~Principal~~Loan ~~Balance~~Count ~~Principal~~4,727 ~~Balance~~Number ~~0-29~~Of ~~Days~~Loans 20Paid 0In 0Full 20140 ~~2,901,474.49~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral ~~2,901,474.49~~Loan 30Count ~~Days~~4,587 70Beginning 2Scheduled 0Collateral 0Balance ~~72 11~~825,~~119~~486,~~234~~454.6252 ~~288,109.50~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 11Balance 795,~~407~~737,~~344~~981.1217 60Ending ~~Days~~Actual 23Collateral 1Balance 0at 030-Nov-2005 ~~24 3~~796,~~674~~419,~~314~~519.7807 ~~97,676.72~~Monthly ~~0.00~~P&I ~~0.00~~Constant 35,~~771~~561,~~991~~605.5082 90Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived ~~0.00~~Amount ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived ~~0.00~~Count ~~150 Days~~ 0 0Prepayment 0Penalty 0Paid 0Amount 0593,835.0039 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Paid ~~0.00~~Count ~~180+~~Not ~~Days~~Available 0Realized 0Loss 0Amount ~~0 0 0~~28,496.0066 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss ~~0.00 Totals 93 23 0 0 116 14~~28,~~793,549~~496.4066 ~~3,287,260.71~~Scheduled ~~0.00~~Principal ~~0.00 18~~621,~~080,810~~404.1188 NoUnscheduled ~~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~~,127,068.389029% 0.000000% 0.000000% 0.389029% 0.316195% 0.000000% 0.000000% 0.316195% 30 Days 1.361603% 0.038903% 0.000000% 0.000000% 1.400506% 1.211744% 0.031397% 0.000000% 0.000000% 1.243142% 60 Days 0.447384% 0.019451% 0.000000% 0.000000% 0.466835% 0.400417% 0.010645% 0.000000% 0.000000% 0.411062% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 1.808987% 0.447384% 0.000000% 0.000000% 2.256370% 1.612161% 0.358237% 0.000000% 0.000000% 1.970398%47

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group I NoGroup ofII ~~Loans~~Group NoIII ofCollateral ~~Loans~~Description NoFixed of15/30 ~~Loans~~& NoARM ofFixed ~~Loans~~15/30 No& ofARM ~~Loans~~Fixed ~~Principal~~15/30 ~~Balance~~& ~~Principal~~ARM ~~Balance~~Weighted ~~Principal~~Average ~~Balance~~Coupon ~~Principal~~Rate ~~Balance Principal Balance 0-29 Days 2 0 0 2 77,830~~7.27463045 07.00237715 07.00316756 ~~77,830.27~~Weighted 30Average ~~Days~~Net 6Rate ~~0 0 0~~ 6 ~~392,346~~.23963045 06.00737715 06.00816756 ~~0.00~~Weighted ~~392,346.23~~Average 60Remaining ~~Days~~Term 2325 0352 0330 0Beginning 2Loan ~~273,779.89~~Count ~~0.00~~805 ~~0.00 0.00 273~~1,~~779.89~~951 90578 ~~Days~~Loans 0Paid 0In 0Full 016 059 ~~0.00~~11 ~~0.00~~Ending ~~0.00~~Loan ~~0.00~~Count ~~0.00~~789 ~~120~~1,892 ~~Days~~567 0Beginning 0Scheduled 0Balance ~~0 0 0~~80,448,937.0052 0325,767,338.0047 076,050,625.0076 ~~0.00~~Ending ~~0.00~~Scheduled ~~150~~Balance ~~Days 0 0 0 0 0 0~~78,350,926.0093 0314,039,556.0043 074,992,354.0098 ~~0.00~~Record ~~0.00~~Date ~~180+~~11/30/2005 ~~Days~~11/30/2005 011/30/2005 0Principal 0And 0Interest 0Constant 0591,850.0070 ~~0.00 0.00 0.00 0.00 Totals 8~~ 2 ~~0 0 10 666~~,~~126~~183,679.1279 77547,~~830~~809.2723 ~~0.00~~Scheduled ~~0.00~~Principal ~~743~~91,~~956~~522.~~39 0-29 Days 0.232829% 0.000000% 0.000000% 0.232829% 0.089391% 0.000000% 0.000000% 0.089391%~~ 30 ~~Days 0~~218,837.~~698487%~~04 084,106.~~000000%~~01 ~~0.000000%~~Unscheduled 0.000000% 0.698487% 0.450622% 0.000000% 0.000000% 0.000000% 0.450622% 60 Days 0.232829% 0.000000% 0.000000% 0.000000% 0.232829% 0.314445% 0.000000% 0.000000% 0.000000% 0.314445% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.931315% 0.232829% 0.000000% 0.000000% 1.164144% 0.765067% 0.089391% 0.000000% 0.000000% 0.854458% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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-~~2,006,488.29 ~~Days 10 0 0 10 1~~11,~~511~~508,~~177~~945.~~22 0.~~00 ~~0.00 1~~974,~~511,177~~164.2277 30Scheduled ~~Days~~Interest ~~37 2 0 0 39 6~~500,~~033,676~~328.3340 ~~288~~1,~~109~~964,842.5075 ~~0.00 0.00 6~~463,~~321,785~~703.8322 60Servicing ~~Days~~Fee ~~11 1 0 0 12 1~~33,~~440,693~~520.8539 97135,~~676~~736.7239 ~~0.00 0.00 1~~31,~~538,370~~687.5776 90Master ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 0.00 0.00 ~~0.00~~Trustee ~~0.00~~Fee ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~FRY ~~0.00~~Amount ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Special ~~0.00~~Hazard ~~180+~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~Totals 48 13 0 0 61 7~~21,~~474,370~~462.1870 1100,~~896,963~~132.4422 ~~0.00 0.00 9~~20,~~371,333~~015.6271 ~~0-29~~Pool ~~Days~~Insurance ~~0.466636%~~Fee 0.000000% 0.000000% 0.466636% 0.413187% 0.000000% 0.000000% 0.413187% 30 Days 1.726552% 0.093327% 0.000000% 0.000000% 1.819879% 1.649731% 0.078775% 0.000000% 0.000000% 1.728506% 60 Days 0.513299% 0.046664% 0.000000% 0.000000% 0.559963% 0.393915% 0.026707% 0.000000% 0.000000% 0.420622% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 2.239851% 0.606626% 0.000000% 0.000000% 2.846477% 2.043646% 0.518669% 0.000000% 0.000000% 2.562314% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 4 0 0 4 904,734.18 0.00 0.00 ~~904,734.18 30 Days 7~~ 0 ~~0 0 7 425,446~~.~~54 0.~~00 ~~0.00~~Spread ~~0.00 425,446.54 60 Days~~ 1 0 ~~0 0 1 27,348~~.~~07 0.~~00 0.00 0.00 ~~27,348.07~~Spread 902 ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~3 ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Net ~~0.00~~Interest ~~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 8 4 0 0 12 452~~445,~~794~~345.6131 ~~904,734.18 0.00 0.00~~ 1,~~357~~728,~~528~~974.7914 ~~0-29 Days 0~~411,999.~~656814%~~75 ~~0.000000%~~Realized ~~0.000000%~~Loss ~~0.656814%~~Amount ~~1.124943%~~ 0.000000% 0.000000% 1.124943% 30 Days 1.149425% 0.000000% 0.000000% 0.000000% 1.149425% 0.528999% 0.000000% 0.000000% 0.000000% 0.528999% 60 Days 0.164204% 0.000000% 0.000000% 0.000000% 0.164204% 0.034004% 0.000000% 0.000000% 0.000000% 0.034004% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 1.313629% 0.656814% 0.000000% 0.000000% 1.970443% 0.563003% 1.124943% 0.000000% 0.000000% 1.687946% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 4 0 0 4 407,732.82 0.00 0(256.0001) ~~407~~28,~~732~~752.8267 30Cumulative ~~Days~~Realized 20Loss 0 ~~0 0 20 4,267,765~~.~~52 0.~~00 0(256.0001) ~~0.00 4~~28,~~267,765~~752.5267 60Percentage ~~Days~~of 9Cumulative 0Losses 0 ~~0 9 1,932,492~~.970000 (0.000001) 0.000349 ~~0.00~~Prepayment ~~1,932,492.97~~Penalty 90Waived ~~Days~~Amount 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~120~~Waived ~~Days~~Count 0 0 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount ~~0.00~~Not ~~0.00~~Available ~~0.00~~Not ~~150~~Available ~~Days~~Not 0Available 0Prepayment 0Penalty 0Paid 0Count ~~0.00~~Not ~~0.00~~Available ~~0.00~~Not ~~0.00~~Available ~~0.00~~Not ~~180+~~Available ~~Days~~Special 0Servicing 0Fee 0 ~~0 0 0~~.00 0.00 0.00 ~~0.00~~Pass-Through ~~0.00~~Rate ~~Totals 29 4 0 0 33~~ 6~~,200,258~~.49642902 ~~407,732~~6.82368867 ~~0.00 0.00~~ 6~~,607,991~~.31 0-29 Days 0.261438% 0.000000% 0.000000% 0.261438% 0.106072% 0.000000% 0.000000% 0.106072% 30 Days 1.307190% 0.000000% 0.000000% 0.000000% 1.307190% 1.110262% 0.000000% 0.000000% 0.000000% 1.110262% 60 Days 0.588235% 0.000000% 0.000000% 0.000000% 0.588235% 0.502739% 0.000000% 0.000000% 0.000000% 0.502739% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 1.895425% 0.261438% 0.000000% 0.000000% 2.156863% 1.613002% 0.106072% 0.000000% 0.000000% 1.719074%500929

~~Summary~~Delinquency 12Status ~~Month~~By ~~REO~~Group History*DELINQUENT ~~New~~BANKRUPTCY FORECLOSURE REO TOTAL Group I No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inNo ~~REO~~of 0Loans ~~Sep-04~~No ~~0.000%~~of ~~Original~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 7 0 0 7 499,118.09 0.00 ~~Oct-04~~ 0.~~000%~~00 ~~Current~~499,118.09 ~~Principal~~30 ~~Balance~~Days 11 1 0 0 12 1,229,596.99 25,901.86 0.00 ~~Nov-04~~0.00 1,255,498.85 60 Days 9 1 0 0 10 706,686.~~000%~~50 ~~Dec-04~~35,376.48 0.~~000%~~00 ~~Current~~0.00 ~~REO~~742,062.98 ~~Total~~90 ~~Jan-05~~Days 0 0 2 0 2 0.~~000%~~00 ~~Loans~~0.00 in141,389.95 ~~REO~~0.00 141,389.95 120 Days 0 ~~Feb-05~~0 1 0 1 0.~~000%~~00 ~~Original~~0.00 ~~Principal~~83,560.99 ~~Balance~~0.00 83,560.99 150 Days 0 0 1 0 1 0.00 ~~Mar-05~~0.00 69,917.47 0.~~000%~~00 ~~Current~~69,917.47 ~~Principal~~180+ ~~Balance~~Days 0 0 0 1 1 0.00 ~~Apr-05~~0.00 0.~~000%~~00 ~~May~~189,819.71 189,819.71 Totals 20 9 4 1 34 1,936,283.49 560,396.43 294,868.41 189,819.71 2,981,368.04 0-0529 Days 0.~~000~~887199% ~~Jun-05~~0.000000% 0.~~000~~000000% ~~Jul-05~~0.887199% 0.~~000~~636313% ~~Aug-05~~0.000000% 0.~~000~~000000% *The0.636313% ~~text~~30 ~~reported~~Days in1.394170% ~~the~~0.126743% ~~above~~0.000000% ~~table~~0.000000% is1.520913% ~~presented~~1.567582% ~~graphically~~0.033022% on0.000000% ~~the~~0.000000% ~~monthly~~1.600604% ~~bond~~60 ~~remittance~~Days ~~report~~1.140684% ~~The~~0.126743% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~1.267427% ~~report~~0.900937% ~~can~~0.045101% be0.000000% ~~viewed~~0.000000% ~~online~~0.946037% at90 ~~www~~Days 0.~~ctslink~~000000% 0.~~com~~000000% 0.253485% ~~Group~~0.000000% I0.253485% 120.000000% ~~Month~~0.000000% ~~REO~~0.180254% History*0.000000% ~~New~~0.180254% ~~REO~~120 ~~Loans~~Days ~~Month~~0.000000% ~~REO~~0.000000% ~~Percentage~~0.126743% ~~Loans~~0.000000% in0.126743% ~~REO~~0.000000% 0.000000% ~~Sep-04~~0.106530% 0.~~000~~000000% ~~Original~~0.106530% ~~Principal~~150 ~~Balance~~Days 0.00000000% ~~Oct-04~~0.000000% 0.~~000~~126743% ~~Current~~0.000000% ~~Principal~~0.126743% ~~Balance~~0.000000% 0.00000000% ~~Nov-04~~0.089136% 0.~~000~~000000% ~~Dec-04~~0.089136% 180+ Days 0.~~000~~000000% ~~Current~~0.000000% ~~REO~~0.000000% ~~Total~~0.126743% ~~Jan-05~~0.126743% 0.~~000~~000000% ~~Loans~~0.000000% in0.000000% ~~REO~~0.241996% 0.241996% ~~Feb-05~~Totals 2.534854% 1.140684% 0.~~000~~506971% ~~Original~~0.126743% ~~Principal~~4.309252% ~~Balance~~2.468519% 0.00714435% ~~Mar-05~~0.375920% 0.~~000~~241996% ~~Current~~3.800871% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 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 15 0 0 15 2,230,036.31 0.00 ~~Apr-05~~0.00 2,230,036.31 30 Days 51 4 0 0 55 7,925,233.~~000%~~96 ~~May-05~~819,021.66 0.~~000%~~00 ~~Jun-05~~0.00 8,744,255.62 60 Days 24 4 4 0 32 3,228,559.~~000%~~49 ~~Jul-~~441,058.61 810,117.05 0.~~000%~~00 ~~Aug-05~~4,479,735.15 90 Days 7 1 7 0 15 1,110,847.~~000%~~37 *The97,454.15 ~~text~~875,347.42 ~~reported~~0.00 in2,083,648.94 ~~the~~120 ~~above~~Days ~~table~~1 is3 ~~presented~~10 ~~graphically~~0 on14 ~~the~~220,926.55 ~~monthly~~329,392.92 ~~bond~~1,139,475.53 ~~remittance~~0.00 ~~report~~1,689,795.00 ~~The~~150 ~~monthly~~Days ~~bond~~0 ~~remittance~~3 ~~report~~3 ~~can~~2 be8 ~~viewed~~0.00 ~~online~~398,600.13 at372,889.72 ~~www~~540,430.~~ctslink~~95 1,311,920.~~com~~80 180+ Days 1 0 3 4 8 61,120.58 ~~Group~~0.00 II410,643.19 12669,318.02 ~~Month~~1,141,081.79 ~~REO~~Totals History*84 ~~New~~30 ~~REO~~27 ~~Loans~~6 ~~Month~~147 ~~REO~~12,546,687.95 ~~Percentage~~4,315,563.78 ~~Loans~~3,608,472.91 in1,209,748.97 ~~REO~~21,680,473.61 0 ~~Sep~~-0429 Days 0.~~000~~792812% ~~Original~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.792812% 0.00709554% ~~Oct-04~~0.000000% 0.~~000~~000000% ~~Current~~0.709554% ~~Principal~~30 ~~Balance~~Days 2.695560% 0.00211416% ~~Nov-04~~0.000000% 0.~~000~~000000% ~~Dec-04~~2.906977% 2.521653% 0.~~000~~260597% ~~Current~~0.000000% ~~REO~~0.000000% ~~Total~~2.782250% ~~Jan-05~~60 Days 1.268499% 0.~~000~~211416% ~~Loans~~0.211416% in0.000000% ~~REO~~1.691332% 1.027264% 0.140336% ~~Feb-05~~0.257763% 0.~~000~~000000% ~~Original~~1.425363% ~~Principal~~90 ~~Balance~~Days 0.00369979% ~~Mar-05~~0.052854% 0.~~000~~369979% ~~Current~~0.000000% ~~Principal~~0.792812% ~~Balance~~0.353450% 0.00031008% ~~Apr-05~~0.278518% 0.~~000~~000000% ~~May-05~~0.662976% 120 Days 0.~~000~~052854% ~~Jun-05~~0.158562% 0.~~000~~528541% ~~Jul-05~~0.000000% 0.~~000~~739958% ~~Aug-05~~0.070294% 0.~~000~~104806% *The0.362559% ~~text~~0.000000% ~~reported~~0.537659% in150 ~~the~~Days ~~above~~0.000000% ~~table~~0.158562% is0.158562% ~~presented~~0.105708% ~~graphically~~0.422833% on0.000000% ~~the~~0.126827% ~~monthly~~0.118646% ~~bond~~0.171954% ~~remittance~~0.417427% ~~report~~180+ Days 0.052854% ~~The~~0.000000% ~~monthly~~0.158562% ~~bond~~0.211416% ~~remittance~~0.422833% ~~report~~0.019447% ~~can~~0.000000% be0.130659% ~~viewed~~0.212964% ~~online~~0.363070% atTotals ~~www~~4.~~ctslink~~439746% 1.~~com~~585624% 1.427061% 0.317125% 7.769556% 3.992109% 1.373127% 1.148145% 0.384918% 6.898299% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group III 12No ~~Month~~of ~~REO~~Loans History*No ~~New~~of ~~REO~~Loans No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inPrincipal ~~REO~~Balance 0Principal ~~Sep~~Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 2 0 0 2 255,199.~~000%~~83 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~255,199.83 30 Days 3 1 0 0 4 172,199.60 143,538.59 0.00 ~~Oct-04~~0.00 315,738.19 60 Days 4 1 0 0 5 422,670.~~000%~~56 ~~Current~~106,416.10 ~~Principal~~0.00 ~~Balance~~0.00 529,086.66 90 Days 0 0 2 0 2 0.00 ~~Nov~~0.00 121,296.15 0.00 121,296.15 120 Days 1 0 1 0 2 21,162.75 0.00 100,754.46 0.00 121,917.21 150 Days 1 0 1 0 2 30,133.94 0.00 62,205.39 0.00 92,339.33 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 4 4 0 17 646,166.85 505,154.52 284,256.00 0.00 1,435,577.37 0-0429 Days 0.~~000~~352734% ~~Dec-04~~0.000000% 0.~~000~~000000% ~~Current~~0.352734% ~~REO~~0.339932% ~~Total~~0.000000% ~~Jan-05~~0.000000% 0.~~000~~339932% ~~Loans~~30 inDays ~~REO~~0.529101% 0.176367% ~~Feb-05~~0.000000% 0.~~000~~000000% ~~Original~~0.705467% ~~Principal~~0.229374% ~~Balance~~0.191197% 0.00000000% ~~Mar-05~~0.000000% 0.~~000~~420571% ~~Current~~60 ~~Principal~~Days ~~Balance~~0.705467% 0.00176367% ~~Apr-05~~0.000000% 0.~~000~~000000% ~~May-05~~0.881834% 0.~~000~~563007% ~~Jun-05~~0.141749% 0.~~000~~000000% ~~Jul-05~~0.000000% 0.~~000~~704756% ~~Aug-05~~90 Days 0.~~000~~000000% *The0.000000% ~~text~~0.352734% ~~reported~~0.000000% in0.352734% ~~the~~0.000000% ~~above~~0.000000% ~~table~~0.161569% is0.000000% ~~presented~~0.161569% ~~graphically~~120 onDays ~~the~~0.176367% ~~monthly~~0.000000% ~~bond~~0.176367% ~~remittance~~0.000000% ~~report~~0.352734% ~~The~~0.028189% ~~monthly~~0.000000% ~~bond~~0.134207% ~~remittance~~0.000000% ~~report~~0.162397% ~~can~~150 beDays ~~viewed~~0.176367% ~~online~~0.000000% at0.176367% ~~www~~0.~~ctslink~~000000% 0.~~com~~352734% 0.040139% 0.000000% 0.082859% 0.000000% 0.122998% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.587302% 0.705467% 0.705467% 0.000000% 2.998236% 0.860709% 0.672878% 0.378636% 0.000000% 1.912222% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group IV 12No ~~Month~~of ~~REO~~Loans History*No ~~New~~of ~~REO~~Loans No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inPrincipal ~~REO~~Balance 0Principal ~~Sep~~Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 10 0 1 11 1,758,582.~~000%~~96 ~~Original~~0.00 ~~Principal~~397,315.77 ~~Balance~~2,155,898.73 30 Days 38 2 0 0 40 9,420,439.64 804,778.92 0.00 ~~Oct-04~~0.00 10,225,218.56 60 Days 12 3 4 0 19 2,749,182.~~000%~~94 ~~Current~~877,309.55 ~~Principal~~401,046.82 ~~Balance~~0.00 4,027,539.31 90 Days 3 1 4 0 8 679,405.68 215,145.66 633,094.29 0.00 ~~Nov~~1,527,645.63 120 Days 0 0 4 1 5 0.00 0.00 876,102.21 322,283.52 1,198,385.73 150 Days 0 1 4 1 6 0.00 98,886.83 1,072,254.67 108,654.40 1,279,795.90 180+ Days 0 0 7 1 8 0.00 0.00 1,880,025.08 124,096.16 2,004,121.24 Totals 53 17 23 4 97 12,849,028.26 3,754,703.92 4,862,523.07 952,349.85 22,418,605.10 0-0429 Days 0.~~000~~746826% ~~Dec-04~~0.000000% 0.~~000~~074683% ~~Current~~0.821509% ~~REO~~0.535143% ~~Total~~0.000000% ~~Jan-05~~0.120905% 0.~~000~~656047% ~~Loans~~30 inDays ~~REO~~2.837939% 0.149365% ~~Feb-05~~0.000000% 0.~~000~~000000% ~~Original~~2.987304% ~~Principal~~2.866671% ~~Balance~~0.244897% 0.00000000% ~~Mar-05~~0.000000% 3.111568% 60 Days 0.~~000~~896191% ~~Current~~0.224048% ~~Principal~~0.298730% ~~Balance~~0.000000% 1.418969% 0.00836586% ~~Apr-05~~0.266968% 0.~~000~~122040% ~~May-05~~0.000000% 1.225594% 90 Days 0.~~000~~224048% ~~Jun-05~~0.074683% 0.~~000~~298730% ~~Jul-05~~0.000000% 0.~~000~~597461% ~~Aug-05~~0.206745% 0.~~000~~065470% *The0.192653% ~~text~~0.000000% ~~reported~~0.464868% in120 ~~the~~Days ~~above~~0.000000% ~~table~~0.000000% is0.298730% ~~presented~~0.074683% ~~graphically~~0.373413% on0.000000% ~~the~~0.000000% ~~monthly~~0.266601% ~~bond~~0.098072% ~~remittance~~0.364673% ~~report~~150 Days 0.000000% ~~The~~0.074683% ~~monthly~~0.298730% ~~bond~~0.074683% ~~remittance~~0.448096% ~~report~~0.000000% ~~can~~0.030092% be0.326291% ~~viewed~~0.033064% ~~online~~0.389446% at180+ ~~www~~Days 0.~~ctslink~~000000% 0.~~com~~000000% 0.522778% 0.074683% 0.597461% 0.000000% 0.000000% 0.572098% 0.037763% 0.609861% Totals 3.958178% 1.269604% 1.717700% 0.298730% 7.244212% 3.910002% 1.142569% 1.479682% 0.289803% 6.822057%

~~REO~~180+ ~~Loan~~Delinquency ~~Detail~~Summary -Summary ~~All~~Group ~~Mortgage~~I ~~Loans~~Days inNumber ~~REO~~of ~~during~~Aggregate ~~Current~~Percentage ~~Period~~of ~~Month~~Number ~~Loan~~of ~~First~~Aggregate ~~Original~~Percentage ~~Loan~~of ~~Entered~~Delinquent ~~Payment~~Loans ~~LTV~~Outstanding atBalance(%) ~~Principal~~Loans ~~Group~~Oustanding ~~Number~~Balance(%) ~~REO~~Balance($) ~~Date~~Balance($) ~~State~~180 ~~Origination~~- ~~Balance~~209 No17 ~~REO~~3,335,022.74 ~~loans~~0.419 ~~this~~1 ~~period~~189,819.71 0.242 Total 17 3,335,022.74 0.419 1 189,819.71 0.242

~~REO~~180+ ~~Loan~~Delinquency ~~Detail~~Summary -(continued) ~~All~~Group ~~Mortgage~~II ~~Loans~~Group inIII ~~REO~~Days ~~during~~Number ~~Current~~of ~~Period~~Aggregate ~~(continued)~~Percentage ~~Current~~of ~~Paid~~Number ~~Current~~of ~~Approximate~~Aggregate ~~Loan~~Percentage ~~Principal~~of ToDelinquent ~~Months~~Loans ~~Loan~~Outstanding ~~Delinquent~~Balance(%) ~~Group~~Loans ~~Number~~Oustanding Balance(%) ~~Date~~Balance($) ~~Delinquent~~Balance($) ~~Rate~~180 ~~Interest~~- No209 ~~REO~~8 ~~loans~~1,141,081.79 ~~this~~0.363 ~~period~~0 0.00 0.000 Total 8 1,141,081.79 0.363 0 0.00 0.000

~~Summary~~180+ 12Delinquency ~~Month~~Summary ~~Foreclosure~~(continued) History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IIV 12Days ~~Month~~Number ~~Foreclosure~~of History*Aggregate ~~New Foreclosure Loans Month Foreclosure~~ Percentage ~~Loans~~of inDelinquent ~~Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000%~~ Loans inOutstanding ~~Foreclosure 0 Feb-05 0.000% Original Principal~~ Balance ~~0.00 Mar-05 0.000~~(%) ~~Current Principal~~ Balance($) ~~0.00~~180 ~~Apr~~-05 ~~0.000%~~209 ~~May-05~~8 02,004,121.~~000%~~24 ~~Jun-05~~ 0.~~000%~~610 Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total ~~Jan-05~~8 02,004,121.~~000%~~24 ~~Loans in Foreclosure~~ 0 ~~Feb-05 0~~.~~000%~~610 ~~Original~~This Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~The~~includes ~~monthly~~all ~~bond~~loans ~~remittance~~greater ~~report~~than ~~can~~180 bedays ~~viewed~~delinquent ~~online~~regardless atof ~~www.ctslink.com.~~status ~~Group~~(REO, ~~III 12 Month~~ Foreclosure, ~~History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0~~Bankruptcy).000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

REO Detail - All Mortgage Loans in REO during Current Period

~~Foreclosure~~Summary ~~Loan~~12 ~~Detail~~Month REO History* New REO Loans Month REO Percentage Loans in REO 8 Jan-05 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 1,643,600.00 Feb-05 0.000% Current Principal Balance 1,640,686.89 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in ~~Foreclosure~~REO ~~during~~11 Jun-05 0.000% Original Principal Balance 2,357,800.00 Jul-05 0.000% Current ~~Period~~Principal Balance 2,351,918.53 Aug-05 0.000% Sep-05 0.000% Oct-05 0.047% Nov-05 0.086% Dec-05 0.295% *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 12 Month ~~Loan~~REO ~~First~~History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original ~~Loan~~Principal ~~Entered~~Balance ~~Payment~~0.00 ~~LTV~~Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 1 Jun-05 0.000% Original Principal Balance 190,000.00 Jul-05 0.000% Current Principal Balance 189,819.71 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.236% Dec-05 0.242% *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 II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 6 Jan-05 0.000% Original Principal Balance 1,211,850.00 Feb-05 0.000% Current Principal Balance 1,209,748.97 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 6 Jun-05 0.000% Original Principal Balance 1,211,850.00 Jul-05 0.000% Current Principal Balance 1,209,748.97 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.385% *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 ~~Number~~III FC12 ~~Date~~Month ~~State~~REO ~~Origination~~History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance No0.00 ~~Foreclosure~~Feb-05 ~~loans~~0.000% ~~this~~Current ~~period~~Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 IV 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Jan-05 0.000% Original Principal Balance 431,750.00 Feb-05 0.000% Current Principal Balance 430,937.92 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 4 Jun-05 0.000% Original Principal Balance 955,950.00 Jul-05 0.000% Current Principal Balance 952,349.85 Aug-05 0.000% Sep-05 0.000% Oct-05 0.112% Nov-05 0.152% Dec-05 0.290% *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~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period ~~(continued)~~Month ~~Current~~Loan ~~Paid~~First ~~Current~~Original ~~Approximate~~ Loan ~~Principal~~Entered ToPayment ~~Months~~LTV ~~Loan~~at ~~Delinquent~~Principal Group Number ~~Balance~~REO Date ~~Delinquent~~State ~~Rate~~Origination ~~Interest~~Balance NoGroup ~~Foreclosure~~I ~~loans~~0115437436 ~~this~~Nov-2005 ~~period~~01-Apr-2005 TN 78.84 190,000.00 Group II 0115233462 Dec-2005 01-Jan-2005 GA 95.00 304,000.00 Group II 0115234361 Dec-2005 01-Apr-2005 TX 80.00 359,200.00 Group II 0115237943 Dec-2005 01-Apr-2005 MO 85.00 106,250.00 Group II 0115416323 Dec-2005 01-Mar-2005 GA 85.00 238,000.00 Group II 0115417230 Dec-2005 01-Apr-2005 TX 80.00 50,000.00 Group II 0115430522 Dec-2005 01-Apr-2005 MI 80.00 154,400.00 Group IV 0115234981 Oct-2005 01-Mar-2005 MN 61.54 400,000.00 Group IV 0115416190 Dec-2005 01-Apr-2005 TX 75.00 108,750.00 Group IV 0115431785 Nov-2005 01-Apr-2005 MI 90.00 124,200.00 Group IV 0115442352 Dec-2005 01-Apr-2005 NC 95.00 323,000.00

~~COLLATERAL~~REO ~~STATEMENT~~Loan ~~Collateral~~Detail ~~Description~~- ~~Fixed~~All &Mortgage ~~Mixed~~Loans ~~ARM~~in ~~Weighted~~REO ~~Average~~during ~~Gross~~Current ~~Coupon~~Period ~~7.204445%~~(continued) ~~Weighted~~Current ~~Average~~Paid ~~Net~~Current ~~Coupon~~Approximate ~~6.704445%~~Loan ~~Weighted~~Principal ~~Average~~To ~~Pass-Through~~Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group I 0115437436 189,819.71 01-Apr-2005 6 6.~~325186~~250% ~~Weighted~~7,250.99 ~~Average~~Group ~~Maturity(Stepdown~~II ~~Calculation)~~0115233462 ~~357~~302,996.90 ~~Beginning~~01-May-2005 ~~Scheduled~~5 ~~Collateral~~8.150% ~~Loan~~12,447.55 ~~Count~~Group ~~5,226~~II ~~Number~~0115234361 Of358,862.44 ~~Loans~~01-Apr-2005 ~~Paid~~6 In6.300% ~~Full~~13,828.00 85Group ~~Ending~~II ~~Scheduled~~0115237943 ~~Collateral~~106,206.85 ~~Loan~~01-Apr-2005 ~~Count~~6 510.400% 6,~~141~~999.07 ~~Beginning~~Group ~~Scheduled~~II ~~Collateral~~0115416323 ~~Balance 937~~237,~~673,388~~434.05 ~~Ending~~01-May-2005 ~~Scheduled~~5 ~~Collateral~~7.200% ~~Balance 916~~7,~~980,969~~502.5740 ~~Ending~~Group ~~Actual~~II ~~Collateral~~0115417230 ~~Balance~~49,972.82 ~~at 29~~01-~~Jul~~Apr-2005 ~~917~~6 9.025% 2,~~622~~834.38 Group II 0115430522 154,~~177~~275.0591 ~~Monthly~~01-Apr-2005 ~~P&I~~6 ~~Constant~~7.100% 6,~~310~~768.01 Group IV 0115234981 397,~~325~~315.8977 ~~Special~~01-Dec-2005 ~~Servicing~~(1) ~~Fee~~8.150% 02,534.0066 ~~Prepayment~~Group ~~Penalties~~IV ~~387~~0115416190 108,~~752~~654.9440 ~~Realized~~01-May-2005 ~~Loss~~5 ~~Amount~~10.050% 06,044.0077 ~~Cumulative~~Group ~~Realized~~IV ~~Loss~~0115431785 0124,096.0016 ~~Scheduled~~01-Apr-2005 ~~Principal~~6 ~~680~~6.900% 3,~~812~~540.3170 ~~Unscheduled~~Group ~~Principal~~IV 200115442352 322,~~011~~283.52 01-Jun-2005 4 7.550% 11,~~606~~339.1703

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Miscellaneous~~Summary ~~Reporting~~12 ~~One~~Month Foreclosure History* New Foreclosure Loans Month ~~LIBOR~~Foreclosure ~~Rate~~Percentage Loans in Foreclosure 23 Jan-05 0.000% Original Principal Balance 3,415,520.~~460000~~00 Feb-05 0.000% Current ~~Overcollateralization~~Principal ~~Amount~~Balance 43,~~840~~406,~~679~~844.7075 ~~Overcollateralization~~Mar-05 ~~Deficiency~~0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 58 Jun-05 0.000% Original Principal Balance 9,068,115.00 ~~Targeted~~Jul-05 ~~Overcollateralization~~0.000% ~~Amount~~Current Principal Balance 9,050,120.39 Aug-05 0.000% Sep-05 0.000% Oct-05 0.643% Nov-05 1.096% Dec-05 1.136% *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 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 0.000% Original Principal Balance 52,200.00 Feb-05 0.000% Current Principal Balance 52,042.85 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 4 Jun-05 0.000% Original Principal Balance 295,~~840~~460.00 Jul-05 0.000% Current Principal Balance 294,~~679~~868.7041 ~~Sequential~~Aug-05 ~~Trigger~~0.000% ~~Event~~Sep-05 NO0.000% ~~SWAP~~Oct-05 ~~payment~~0.314% Nov-05 ~~Incoming~~0.633% Dec-05 0.376% *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 II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 9 Jan-05 0.000% Original Principal Balance 1,345,850.00 Feb-05 0.000% Current Principal Balance 1,342,769.59 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 27 Jun-05 0.000% Original Principal Balance 3,615,675.00 Jul-05 0.000% Current Principal Balance 3,608,472.91 Aug-05 0.000% Sep-05 0.000% Oct-05 0.675% Nov-05 1.203% Dec-05 1.148% *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 III 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Jan-05 0.000% Original Principal Balance 121,~~697~~600.00 Feb-05 0.000% Current Principal Balance 121,~~571~~296.15 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 4 Jun-05 0.000% Original Principal Balance 285,100.00 Jul-05 0.000% Current Principal Balance 284,256.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.145% Nov-05 0.281% Dec-05 0.379% *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 IV 12 ~~SWAP~~Month ~~payment~~Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 11 Jan-05 ~~Outgoing~~0.000% 2Original Principal Balance 1,~~720~~895,~~960~~870.4700 ~~Net~~Feb-05 ~~Swap~~0.000% ~~Payment~~Current Principal Balance 1,890,736.16 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 23 Jun-05 0.000% Original Principal Balance 4,~~389~~871,880.3500 Jul-05 0.000% Current Principal Balance 4,862,523.07 Aug-05 0.000% Sep-05 0.000% Oct-05 0.799% Nov-05 1.284% Dec-05 1.480% *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~~Foreclosure ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All ~~Group~~Mortgage ILoans ~~Group~~in IIForeclosure ~~Group~~during ~~III~~Current ~~Collateral~~Period ~~Description~~Month ~~Fixed~~Loan ~~15/30~~First &Original ~~ARM~~Loan ~~Fixed~~Entered ~~15/30~~Payment &LTV ~~ARM~~at ~~Fixed~~Principal ~~15/30~~Group &Number ~~ARM~~FC ~~Weighted~~Date ~~Average~~State ~~Coupon~~Origination ~~Rate~~Balance ~~7.471900~~Group 7I 0115225096 Nov-2005 01-Apr-2005 FL 70.~~252432~~00 789,600.~~345351~~00 ~~Weighted~~Group ~~Average~~I ~~Net~~0115422453 ~~Rate~~Dec-2005 ~~6.971900~~01-Feb-2005 6CA 20.~~752432~~00 652,200.~~845351~~00 ~~Weighted~~Group ~~Average~~I ~~Maturity~~0115439978 ~~357~~Nov-2005 ~~357~~01-Apr-2005 ~~357~~IN ~~Beginning~~90.00 ~~Loan~~83,700.00 ~~Count~~Group ~~866~~I ~~2,179~~0115448797 ~~619~~Oct-2005 ~~Loans~~01-Apr-2005 ~~Paid~~NY In20.00 ~~Full~~69,960.00 7Group 36II 100115223158 ~~Ending~~Nov-2005 ~~Loan~~01-Mar-2005 ~~Count~~IN ~~859~~90.00 250,~~143~~400.00 ~~609~~Group ~~Beginning~~II ~~Scheduled~~0115223257 ~~Balance~~Nov-2005 ~~88,174,192~~01-Apr-2005 FL 70.3200 ~~373~~51,~~478,087~~800.2200 Group II 0115224685 Oct-2005 01-Apr-2005 OH 90.00 81,~~636,601~~000.8100 ~~Ending~~Group ~~Scheduled~~II ~~Balance~~0115225906 ~~86,984,145~~Dec-2005 01-Apr-2005 IL 80.0300 ~~365~~103,~~506,748~~200.8600 80Group II 0115226532 Dec-2005 01-Mar-2005 FL 75.00 112,~~349,332~~500.5700 ~~Record~~Group ~~Date~~II ~~07/29/2005~~0115228124 ~~07/29/~~Dec-2005 ~~07/29/~~01-Mar-2005 ~~Principal~~MA ~~And~~88.75 ~~Interest~~142,000.00 ~~Constant~~Group ~~645~~II 0115231995 Nov-2005 01-Mar-2005 WA 80.00 243,~~586~~200.2200 2Group II 0115232043 Nov-2005 01-Mar-2005 OR 85.00 246,500~~,679~~.1200 ~~586~~Group II 0115236218 Nov-2005 01-Apr-2005 MA 85.00 238,~~127~~000.8800 ~~Scheduled~~Group ~~Principal~~II ~~96,562~~0115238115 Nov-2005 01-Apr-2005 OH 85.2900 ~~243~~89,~~492~~250.2300 86Group II 0115238891 Oct-2005 01-Apr-2005 WA 85.00 233,~~419~~750.9500 ~~Unscheduled~~Group ~~Principal~~II ~~1,093,485~~0115239139 Dec-2005 01-Apr-2005 GA 80.00 788,~~727,846~~000.1300 1Group II 0115239865 Nov-2005 01-Apr-2005 MI 80.00 68,~~200,849~~000.2900 ~~Scheduled~~Group ~~Interest~~II ~~549~~0115240236 Nov-2005 01-Apr-2005 MI 90.00 72,~~023~~900.9300 2Group II 0115416687 Dec-2005 01-Apr-2005 CO 85.00 119,~~257,186~~000.8900 ~~499~~Group II 0115429011 Nov-2005 01-Mar-2005 CA 80.00 158,~~707~~000.9300 ~~Servicing~~Group ~~Fees~~II 360115429052 Nov-2005 01-Apr-2005 MI 80.00 71,~~739~~600.2500 ~~155~~Group II 0115431876 Nov-2005 01-Apr-2005 CA 80.00 216,~~615~~000.8700 34Group II 0115437881 Dec-2005 01-Apr-2005 WA 90.00 337,~~015~~500.2500 ~~Master~~Group ~~Servicing~~II ~~Fees~~0115439440 0Oct-2005 01-Apr-2005 KS 70.00 0105,000.00 0Group II 0115441065 Dec-2005 01-Apr-2005 VA 85.00 ~~Trustee~~107,950.00 ~~Fee~~Group 0II 0115442782 Oct-2005 01-Apr-2005 IN 85.00 072,250.00 0Group II 0115443442 Dec-2005 01-Apr-2005 ID 90.00 ~~FRY~~88,200.00 ~~Amount~~Group 0II 0115446098 Oct-2005 01-Apr-2005 OH 69.36 65,200.00 0Group II 0115447476 Oct-2005 01-Apr-2005 FL 85.00 076,500.00 ~~Special~~Group ~~Hazard~~II ~~Fee~~0115447518 0Dec-2005 01-Apr-2005 RI 90.00 0247,500.00 0Group II 0115449522 Nov-2005 01-Apr-2005 MI 85.00 ~~Other~~130,475.00 ~~Fee~~Group III 0115221384 Dec-2005 01-Mar-2005 AZ 20.00 23,~~647~~600.9100 ~~114~~Group III 0115225534 Dec-2005 01-Apr-2005 NY 20.00 98,~~980~~000.3300 21Group III 0115225757 Nov-2005 01-Jan-2005 IL 75.00 101,~~088~~250.6900 ~~Pool~~Group ~~Insurance~~III ~~Fee~~0115418089 0Oct-2005 01-Apr-2005 TX 75.00 062,250.00 0Group IV 0115223802 Dec-2005 01-Mar-2005 OH 85.00 ~~Spread~~63,750.00 1Group 0IV 0115224859 Oct-2005 01-Apr-2005 OH 90.00 084,150.00 0Group IV 0115227076 Dec-2005 01-Apr-2005 AK 80.00 ~~Spread~~120,800.00 2Group 0IV 0115229916 Oct-2005 01-Mar-2005 HI 85.00 0183,600.00 0Group IV 0115234411 Dec-2005 01-Apr-2005 CA 80.00 ~~Spread~~360,000.00 3Group 0IV 0115236846 Oct-2005 01-Apr-2005 CA 80.00 0544,000.00 0Group IV 0115241440 Nov-2005 01-Apr-2005 CA 80.00 ~~Net~~324,800.00 ~~Interest~~Group ~~488~~IV 0115415770 Nov-2005 01-Apr-2005 DC 49.11 137,~~636~~500.7700 1Group IV 0115420481 Oct-2005 01-Apr-2005 MO 80.00 54,~~986~~400.00 Group IV 0115430944 Dec-2005 01-Mar-2005 FL 80.00 106,~~590~~800.6900 ~~444~~Group IV 0115431132 Oct-2005 01-Mar-2005 NE 90.00 100,~~603~~800.9900 ~~Realized~~Group ~~Loss~~IV ~~Amount~~0115432684 0Oct-2005 01-Apr-2005 NY 90.00 0445,500.00 0Group IV 0115434839 Dec-2005 01-Apr-2005 HI 80.00 ~~Cumulative~~188,000.00 ~~Realized~~Group ~~Loss~~IV 00115437451 Nov-2005 01-Apr-2005 CA 95.00 0380,000.00 0Group IV 0115440588 Dec-2005 01-Apr-2005 IN 80.00 ~~Percentage~~99,200.00 ofGroup ~~Cumulative~~IV ~~Losses~~0115443012 0Dec-2005 01-Apr-2005 MI 85.~~0000~~00 0306,000.~~0000~~00 0Group IV 0115443368 Oct-2005 01-Apr-2005 AZ 70.~~0000~~00 ~~Prepayment~~263,900.00 ~~Penalties~~Group 0IV 0115444101 Dec-2005 01-Apr-2005 OH 75.00 054,750.00 0Group IV 0115444531 Dec-2005 01-Apr-2005 OK 75.00 ~~Special~~56,250.00 ~~Servicing~~Group ~~Fee~~IV 00115446643 Dec-2005 01-Apr-2005 GA 80.00 0227,200.00 0Group IV 0115446882 Nov-2005 01-Apr-2005 FL 80.00 ~~Pass~~177,520.00 Group IV 0115447252 Dec-~~Through~~2005 ~~Rate~~01-Apr-2005 6FL 80.~~650065~~00 6313,120.~~382995~~00 6Group IV 0115448813 Oct-2005 01-Apr-2005 NY 80.~~535362~~00 279,840.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group ~~Level~~Number ~~Collateral~~Balance ~~Statement~~Date Delinquent Rate Interest Group I 0115225096 89,347.10 01-Jul-2005 3 7.800% 2,713.72 Group IVI ~~Total~~0115422453 ~~Collateral~~52,042.85 ~~Description~~01-Jul-2005 ~~Fixed~~3 ~~15/30~~9.500% &1,949.58 ~~ARM~~Group ~~Fixed~~I &0115439978 ~~Mixed~~83,560.99 ~~ARM~~01-Jun-2005 ~~Weighted~~4 ~~Average~~8.975% ~~Coupon~~2,812.41 ~~Rate~~Group 7I 0115448797 69,917.~~070039~~47 01-May-2005 5 11.750% 4,583.87 Group II 0115223158 50,283.93 01-Jun-2005 4 8.800% 2,083.03 Group II 0115223257 51,737.03 01-Jun-2005 4 10.450% 2,571.23 Group II 0115224685 80,884.60 01-May-2005 5 7.~~204445~~750% ~~Weighted~~3,413.34 ~~Average~~Group ~~Net~~II ~~Rate~~0115225906 6103,199.~~570039~~90 01-Jul-2005 3 6.~~704445~~925% ~~Weighted~~2,762.75 ~~Average~~Group ~~Maturity~~II ~~357~~0115226532 ~~357~~112,347.56 ~~Beginning~~01-Jun-2005 ~~Loan~~4 ~~Count~~11.300% 16,~~562~~061.43 5Group II 0115228124 141,~~226~~356.59 ~~Loans~~01-Jul-2005 ~~Paid~~3 In6.550% ~~Full~~2,971.79 Group II 0115231995 242,601.04 01-Jun-2005 4 8.480% 9,664.46 Group II 0115232043 245,670.32 01-Jul-2005 3 8.050% 6,925.46 Group II 0115236218 237,497.85 ~~Ending~~01-Jun-2005 ~~Loan~~4 ~~Count~~7.800% 17,~~530~~473.64 Group II 0115238115 89,074.53 01-Jun-2005 4 8.150% 2,958.98 Group II 0115238891 233,469.13 01-Apr-2005 6 5.000% 4,~~141~~084.35 ~~Beginning~~Group ~~Scheduled~~II ~~Balance~~0115239139 ~~394~~87,~~384~~820.79 01-Jun-2005 4 7.987% 3,~~506~~281.7048 ~~937~~Group II 0115239865 67,~~673~~836.82 01-Jul-2005 3 8.600% 2,~~388~~286.0566 ~~Ending~~Group ~~scheduled~~II ~~Balance~~0115240236 ~~384~~72,~~140~~780.87 01-Jun-2005 4 9.050% 3,~~743~~107.1104 ~~916~~Group II 0115416687 118,~~980~~534.81 01-Aug-2005 2 7.300% 2,~~969~~683.5756 ~~Record~~Group ~~Date~~II ~~07/29/~~0115429011 157,999.98 01-Jul-2005 ~~07/29/~~3 7.400% 4,542.50 Group II 0115429052 71,356.11 01-Jul-2005 ~~Principal~~3 ~~And~~6.850% ~~Interest~~1,884.67 ~~Constant~~Group 2II 0115431876 215,577.43 01-May-2005 5 7.000% 8,~~932~~153.6779 Group II 0115437881 337,499.19 01-Aug-2005 2 8.225% 8,689.89 Group II 0115439440 104,954.53 01-Apr-2005 6 10.100% 6,~~310~~706.29 Group II 0115441065 107,~~325~~560.18 01-Aug-2005 2 7.700% 2,222.24 Group II 0115442782 72,219.53 01-Apr-2005 6 10.225% 4,674.89 ~~Scheduled~~Group ~~Principal~~II ~~254~~0115443442 87,~~337~~927.8470 ~~680~~01-Jul-2005 3 7.350% 2,~~812~~505.3163 ~~Unscheduled~~Group ~~Principal~~II 0115446098 65,094.54 01-Jun-2005 4 9.100% 2,~~989~~795.19 Group II 0115447476 76,~~425~~427.7569 2001-May-2005 5 9.750% 4,~~011~~117.96 Group II 0115447518 246,~~606~~522.1787 ~~Scheduled~~01-Aug-2005 ~~Interest~~2 7.250% 4,723.38 Group II 0115449522 130,237.39 01-Jun-2005 4 8.525% 3,659.82 Group III 0115221384 23,440.97 01-Jul-2005 3 9.990% 924.31 Group III 0115225534 97,855.18 01-Jul-2005 3 10.900% 4,237.15 Group III 0115225757 100,754.46 01-Jun-2005 4 7.100% 3,317.89 Group III 0115418089 62,205.39 01-May-2005 5 11.000% 3,805.87 Group IV 0115223802 63,497.34 01-Aug-2005 2 8.650% 1,~~323~~723.40 Group IV 0115224859 84,~~594~~100.8357 01-Apr-2005 6 8.650% 4,559.51 Group IV 0115227076 120,415.82 01-Jul-2005 3 7.200% 3,356.13 Group IV 0115229916 183,321.12 01-Apr-2005 6 7.400% 7,196.41 Group IV 0115234411 358,893.48 01-Jun-2005 4 5.875% 9,~~629~~620.08 Group IV 0115236846 543,~~513~~536.5819 ~~Servicing~~01-Apr-2005 ~~Fees~~6 ~~164~~6.800% 22,~~326~~756.8873 ~~390~~Group IV 0115241440 323,~~697~~897.2505 ~~Master~~01-Jun-2005 ~~Servicing~~4 ~~Fees~~6.400% 09,532.0037 0Group IV 0115415770 137,168.0094 ~~Trustee~~01-Jun-2005 ~~Fee~~4 07.00975% 05,117.0077 ~~FRY~~Group ~~Amount~~IV 00115420481 54,367.0038 001-Apr-2005 6 8.00550% ~~Special~~2,911.22 ~~Hazard~~Group ~~Fee~~IV 00115430944 106,178.0010 001-Aug-2005 2 6.00200% ~~Other~~2,014.36 ~~Fee~~Group ~~136~~IV 0115431132 100,~~633~~627.9044 ~~296~~01-May-2005 5 8.825% 4,~~350~~877.83 ~~Pool~~Group ~~Insurance~~IV ~~Fee~~0115432684 0445,254.0011 001-Apr-2005 6 8.00950% ~~Spread~~22,273.45 1Group 0IV 0115434839 187,342.0071 001-Jul-2005 3 7.00250% ~~Spread~~5,260.49 2Group 0IV 0115437451 379,582.0042 001-May-2005 5 8.00990% ~~Spread~~14,434.48 Group IV 0115440588 98,948.19 01-Jul-2005 3 08.00325% 03,221.0092 ~~Net~~Group ~~Interest~~IV 20115443012 305,~~022~~775.16 01-Apr-2005 6 7.550% 9,~~634~~388.0524 4Group IV 0115443368 263,~~942~~670.55 01-Apr-2005 6 6.700% 10,~~465~~863.5042 ~~Realized~~Group ~~Loss~~IV ~~Amount~~0115444101 054,525.0007 001-Aug-2005 2 8.00800% ~~Cumulative~~1,507.15 ~~Realized~~Group ~~Loss~~IV 00115444531 56,142.0074 001-Jun-2005 4 8.300% 2,186.00 ~~Percentage~~Group ofIV ~~Cumulative~~0115446643 ~~Losses~~226,387.57 001-Jul-2005 3 6.~~0000~~600% 05,743.~~0000~~49 ~~Prepayment~~Group ~~Penalties~~IV 00115446882 176,846.0031 001-Aug-2005 2 7.00450% ~~Special~~4,092.15 ~~Servicing~~Group ~~Fee~~IV 00115447252 312,629.0098 001-May-2005 5 7.00250% ~~Pass~~12,280.31 Group IV 0115448813 279,414.83 01-~~Through~~May-2005 ~~Rate~~5 67.~~154301~~900% 612,036.~~325186~~20

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Prepayment~~Summary ~~Detail~~12 -Month ~~Prepayments~~Bankruptcy ~~during~~History* ~~Current~~New ~~Period~~Bankruptcy ~~Summary~~Loans Month Bankruptcy Percentage Loans ~~Paid~~in InBankruptcy ~~Full~~9 ~~Repurchased~~Jan-05 ~~Loans~~0.000% Original ~~Current~~Principal ~~Original~~Balance 1,947,950.00 Feb-05 0.000% Current Principal ~~Principal~~Balance ~~Principal~~1,933,450.04 ~~Principal~~Mar-05 ~~Group~~0.000% ~~Count~~Apr-05 ~~Balance~~0.000% ~~Balance~~Current ~~Count~~Bankruptcy Total May-05 0.000% Loans in Bankruptcy 60 Jun-05 0.000% Original Principal Balance 9,194,313.00 Jul-05 0.000% Current Principal Balance 9,135,818.65 Aug-05 0.358% Sep-05 0.347% Oct-05 0.532% Nov-05 1.113% Dec-05 1.147% *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 712 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 35,~~086,480~~600.00 1Feb-05 0.000% Current Principal Balance 35,~~082,872~~376.8048 Mar-05 0.000% Apr-05 0.00000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 9 Jun-05 0.000% Original Principal Balance 574,080.00 Jul-05 0.000% Current Principal Balance 560,396.43 Aug-05 0.089% Sep-05 0.090% Oct-05 0.093% Nov-05 0.749% Dec-05 0.714% *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 II 3612 7Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Jan-05 0.000% Original Principal Balance 326,~~731~~350.00 Feb-05 0.000% Current Principal Balance 324,~~655~~526.76 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 30 Jun-05 0.000% Original Principal Balance 4,335,053.00 7Jul-05 0.000% Current Principal Balance 4,~~707~~315,~~951~~563.3278 Aug-05 0.519% Sep-05 0.00470% Oct-05 0.00925% Nov-05 1.518% Dec-05 1.373% *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 III 1012 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 156,~~195,562~~600.00 1Feb-05 0.000% Current Principal Balance 151,~~191,438~~930.8250 Mar-05 0.000% Apr-05 0.00000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 4 Jun-05 0.000% Original Principal Balance 513,400.00 Jul-05 0.000% Current Principal Balance 505,154.52 Aug-05 1.125% Sep-05 0.950% Oct-05 0.960% Nov-05 1.307% Dec-05 0.673% *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 IV 3212 9Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 5 Jan-05 0.000% Original Principal Balance 1,~~842~~429,~~598~~400.00 9Feb-05 0.000% Current Principal Balance 1,~~818~~421,~~796~~616.2630 0Mar-05 0.00000% Apr-05 0.00000% Current Bankruptcy Total 85May-05 190.000% Loans in Bankruptcy 17 Jun-05 0.000% Original Principal Balance 3,~~856~~771,~~295~~780.00 19Jul-05 0.000% Current Principal Balance 3,~~801~~754,~~059~~703.2092 Aug-05 0.106% Sep-05 0.00161% Oct-05 0.00168% Nov-05 0.772% Dec-05 1.143% *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.

~~Prepayment~~Bankruptcy Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~(continued)~~Group ~~Summary~~Loan ~~Substitution~~Month ~~Loans~~Loan ~~Liquidated~~First ~~Loans~~State ~~Curtailments~~LTV at Original ~~Current~~Number ~~Original~~Entered ~~Current~~Payment ~~Principal~~Origination Principal ~~Principal~~Bankruptcy ~~Principal~~Date ~~Curtailment~~Balance Group ~~Count~~I ~~Balance~~0115220915 ~~Balance~~Nov-2005 ~~Count~~01-Apr-2005 ~~Balance~~AZ ~~Balance~~20.00 ~~Amount~~20,000.00 Group I 00115221418 0Nov-2005 01-Apr-2005 AL 20.00 023,780.00 0Group 0I 0115221707 Nov-2005 01-Jan-2005 IN 20.00 026,200.00 11Group I 0115222481 Dec-2005 01-Apr-2005 FL 20.00 35,~~431~~600.6800 Group I 0115417594 Nov-2005 01-Apr-2005 TX 78.38 145,000.00 Group I 0115420192 Nov-2005 01-Apr-2005 TX 80.00 121,600.00 Group I 0115422735 Nov-2005 01-Feb-2005 MO 20.00 27,800.00 Group I 0115433377 Nov-2005 01-Apr-2005 MI 90.00 81,000.00 Group I 0115442527 Nov-2005 01-Apr-2005 IN 95.00 93,100.00 Group II 00115224537 0Nov-2005 01-Apr-2005 OH 85.00 078,200.00 0Group 0II 0115224628 Nov-2005 01-Apr-2005 AZ 80.00 080,000.00 ~~281~~Group II 0115227852 Nov-2005 01-Mar-2005 VA 90.00 136,~~974~~800.6800 Group ~~III~~II 00115227902 0Nov-2005 01-Mar-2005 AZ 85.00 0137,700.00 0Group 0II 0115228025 Oct-2005 01-Apr-2005 MO 79.55 140,000.00 0Group II 0115228579 Oct-2005 01-Apr-2005 AZ 94.69 151,033.00 10Group II 0115229023 Nov-2005 01-Apr-2005 TN 85.00 160,~~372~~650.00 Group II 0115229502 Nov-2005 01-Apr-2005 OR 90.00 174,600.00 Group II 0115233330 Aug-2005 01-Apr-2005 PA 85.00 297,500.00 Group II 0115236226 Oct-2005 01-Apr-2005 MA 80.00 141,520.00 Group II 0115238222 Oct-2005 01-Apr-2005 OH 85.00 78,625.00 Group II 0115238941 Nov-2005 01-Apr-2005 WA 80.00 130,400.00 Group II 0115239642 Nov-2005 01-Apr-2005 NY 85.00 102,000.00 Group II 0115242422 Oct-2005 01-Apr-2005 CA 80.00 325,600.00 Group II 0115416380 Aug-2005 01-Apr-2005 TX 75.00 128,625.00 Group II 0115419020 Aug-2005 01-Apr-2005 OH 85.00 97,750.00 Group II 0115420978 Nov-2005 01-Apr-2005 LA 85.00 61,200.00 Group II 0115423493 Aug-2005 01-Apr-2005 GA 66.67 60,000.00 Group II 0115428138 Nov-2005 01-Mar-2005 CA 56.79 230,000.00 Group II 0115428633 Dec-2005 01-Mar-2005 KY 95.00 126,350.00 Group II 0115433567 Aug-2005 01-Apr-2005 CA 52.94 180,000.00 Group II 0115435117 Nov-2005 01-Apr-2005 MI 90.00 166,500.00 Group II 0115438293 Aug-2005 01-Apr-2005 MI 95.00 159,600.00 Group II 0115444242 Oct-2005 01-Apr-2005 MD 80.00 50,400.00 Group II 0115445082 Nov-2005 01-Apr-2005 TX 80.00 95,600.00 Group II 0115445504 Oct-2005 01-Apr-2005 NM 100.00 94,000.00 Group II 0115445728 Dec-2005 01-Apr-2005 MN 80.00 200,000.00 Group II 0115446023 Nov-2005 01-Apr-2005 OH 90.00 144,000.00 Group II 0115447211 Nov-2005 01-Apr-2005 FL 90.00 144,000.00 Group II 0115449480 Oct-2005 01-Apr-2005 MI 80.00 262,400.00 Group III 0115422743 Aug-2005 01-Feb-2005 MI 85.00 108,800.00 Group III 0115430209 Dec-2005 01-Mar-2005 MO 90.00 156,600.00 Group III 0115432007 Nov-2005 01-Apr-2005 FL 75.00 144,000.00 Group III 0115440950 Nov-2005 01-Apr-2005 TN 80.00 104,000.00 Group IV 00115225609 0Nov-2005 01-Apr-2005 WA 79.20 99,000.00 0Group IV 0115225617 Dec-2005 01-Apr-2005 MI 90.00 099,000.00 0Group IV 0115226334 Nov-2005 01-Apr-2005 FL 90.00 0109,980.00 1Group IV 0115228132 Dec-2005 01-Apr-2005 FL 80.00 142,~~105~~400.00 Group IV 0115236259 Dec-2005 01-Apr-2005 FL 80.00 560,~~077~~000.7300 ~~Total~~Group 0IV 00115240061 Sep-2005 01-Apr-2005 MI 80.00 0192,000.00 0Group 0IV 0115241184 Nov-2005 01-Apr-2005 AZ 90.00 0241,200.00 1Group IV 0115415788 Dec-2005 01-Feb-2005 AZ 80.00 412,~~408~~000.00 Group IV 0115416042 Nov-2005 01-Apr-2005 LA 75.00 53,~~856~~250.5900 Group IV 0115419400 Nov-2005 01-Apr-2005 FL 90.00 413,100.00 Group IV 0115427973 Nov-2005 01-Mar-2005 CA 95.00 365,750.00 Group IV 0115436545 Dec-2005 01-Apr-2005 CO 80.00 216,000.00 Group IV 0115440836 Nov-2005 01-Apr-2005 AZ 95.00 210,900.00 Group IV 0115446346 Nov-2005 01-Apr-2005 CA 80.00 396,000.00 Group IV 0115446874 Nov-2005 01-Apr-2005 FL 90.00 78,300.00 Group IV 0115447708 Nov-2005 01-Apr-2005 IA 80.00 92,000.00 Group IV 0115448136 Aug-2005 01-Apr-2005 TN 90.00 90,900.00

~~Prepayment~~Bankruptcy ~~Loan~~ Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~First~~(continued) ~~Original~~Group Loan ~~LTV~~Current atPaid ~~Payment~~To ~~Principal~~Months ~~Prepayment~~Current ~~Group~~Approximate Number ~~State~~Principal ~~Origination~~ Date ~~Balance~~Delinquent ~~Amount~~Loan ~~Group~~Rate IDelinquent ~~0115227837~~Balance FLInterest ~~79.53 01-Apr-2005 136,000.00 135,499.01~~ Group I ~~0115419913~~0115220915 ~~NJ 69~~19,765.0094 01-~~Apr~~Nov-2005 ~~132,480~~0 9.00400% ~~132,053~~293.9241 Group I ~~0115423147~~0115221418 ~~FL 20~~23,520.0015 01-~~Feb~~Dec-2005 ~~26,000~~(1) 10.00900% ~~25,767~~204.9710 Group I ~~0115424392~~0115221707 ~~OR 77~~25,901.8086 01-~~Mar~~Sep-2005 ~~180,500~~1 10.00950% ~~179,707~~675.5682 Group I ~~0115431900~~0115222481 ~~OR 90~~35,376.0048 01-~~Mar~~Aug-2005 ~~283,500~~2 10.00500% ~~282~~1,~~362~~176.6091 Group I ~~0115439010~~0115417594 ~~MI 20~~143,946.0042 01-~~Apr~~Nov-2005 ~~54,000~~0 6.00575% 531,~~878~~458.5414 Group I ~~0115442485~~0115420192 ~~CA 49~~118,568.8247 01-~~Apr~~Nov-2005 ~~274,000~~0 7.00450% ~~272~~1,~~783~~375.7265 Group III ~~0115226698~~0115422735 ~~AZ 90~~20,393.0097 01-~~Apr~~Nov-2005 ~~115,200~~0 11.00300% ~~114,838~~430.7798 Group III ~~0115229015~~0115433377 ~~AZ 90~~80,554.00 01-~~Mar~~Nov-2005 ~~160,200~~0 7.00990% ~~159,446~~679.1806 Group III ~~0115229908~~0115442527 ~~NV 80~~92,369.0014 01-~~Mar~~Dec-2005 ~~183,200~~(1) 6.00800% ~~182,329~~423.4474 Group II ~~0115230237~~0115224537 ~~CA 75~~77,942.00 01-~~Mar~~Aug-2005 ~~191,250~~2 8.00150% ~~190~~1,~~228~~985.4451 Group II ~~0115230260~~0115224628 ~~NV 90~~79,415.0095 01-~~Mar~~Nov-2005 ~~193,500~~0 6.00550% ~~192,530~~801.1015 Group II ~~0115231383~~0115227852 ~~CA 70~~136,162.9361 01-~~Apr~~Aug-2005 ~~222,000~~2 7.00350% ~~220~~2,~~935~~654.7225 Group II ~~0115231664~~0115227902 ~~OR 90~~136,504.0006 01-~~Feb~~Nov-2005 ~~231,300~~0 6.00850% ~~230,357~~887.5544 Group II ~~0115231961~~0115228025 ~~CA 46~~139,052.1579 01-~~Apr~~Nov-2005 ~~240,000~~0 7.00100% ~~239~~1,530.0326 Group II ~~0115232449~~0115228579 ~~CA 82~~150,072.54 01-~~Apr~~Dec-2005 ~~260,000~~(1) 7.00875% ~~259,999~~739.8102 Group II ~~0115232597~~0115229023 ~~NJ 77~~160,449.0359 01-~~Mar~~May-2005 ~~265,000~~5 8.00375% ~~263~~7,~~777~~356.4254 Group II ~~0115235467~~0115229502 ~~CA 82~~173,278.1886 01-~~Mar~~Dec-2005 ~~452,000~~(1) 6.00990% ~~449,393~~937.0296 Group II ~~0115236903~~0115233330 ~~MD 80~~296,323.0026 01-~~Apr~~Nov-2005 ~~257,600.00~~ 0~~.00~~ ~~Group II 0115237083 MD 85~~9.00900% ~~01-Mar-2005 255~~4,~~000~~643.0052 ~~254,169.93~~ Group II ~~0115238388~~0115236226 ~~IN 70~~141,091.0017 01-~~Apr~~Jun-2005 ~~87,500~~4 5.00950% 873,~~196~~834.4482 Group II ~~0115239709~~0115238222 ~~NH 81~~78,550.9754 01-~~Apr~~May-2005 ~~150,000~~5 9.00700% ~~149~~4,~~539~~209.1341 Group II ~~0115240798~~0115238941 ~~IL 87~~130,400.3000 01-~~Apr~~Sep-2005 ~~275,000~~1 6.00600% ~~273~~1,~~924~~988.5261 Group II ~~0115241689~~0115239642 ~~CA 80~~101,555.0095 01-~~Apr~~Nov-2005 ~~148,800~~0 9.00150% ~~148~~1,~~318~~464.5851 Group II ~~0115419004~~0115242422 ~~IL 50~~323,842.0009 01-~~Apr~~Oct-2005 ~~240,000~~0 7.00400% ~~238~~3,~~758~~722.6671 Group II ~~0115420457~~0115416380 ~~NJ 80~~128,451.0003 01-~~Apr~~Jun-2005 ~~176,000~~4 9.00950% ~~175~~6,~~291~~062.3425 Group II ~~0115424517~~0115419020 ~~CA 53~~97,454.0315 01-~~Mar~~Jul-2005 ~~350,000~~3 7.00450% ~~348~~2,~~249~~817.9374 Group II ~~0115424558~~0115420978 ~~NH 78~~61,037.0945 01-~~Apr~~Aug-2005 ~~139,000~~2 9.00200% ~~138~~1,~~411~~768.8463 Group II ~~0115427759~~0115423493 ~~CA 90~~59,850.0072 01-~~Apr~~Jun-2005 ~~304,200~~4 8.00550% ~~304~~2,~~200~~405.0023 Group II ~~0115428195~~0115428138 ~~CA 68~~228,562.5773 01-~~Apr~~Sep-2005 ~~240,000~~1 6.00650% ~~238~~3,~~624~~510.2193 Group II ~~0115429508~~0115428633 ~~CA 80~~125,534.0067 01-~~Mar~~Nov-2005 ~~248,000~~0 7.00800% ~~246~~1,~~887~~207.0368 Group II ~~0115429623~~0115433567 ~~PA 82~~179,010.5191 01-~~Apr~~Nov-2005 ~~250,000~~0 8.00000% ~~249~~2,~~299~~238.6943 Group II ~~0115429961~~0115435117 ~~AZ 80~~165,916.0055 01-~~Mar~~Aug-2005 ~~186,400~~2 7.00850% ~~186~~4,~~400~~060.0057 Group II ~~0115430266~~0115438293 ~~AZ 85~~159,600.00 01-~~Mar~~May-2005 ~~146,200~~5 7.00150% ~~145~~6,~~583~~191.2115 Group II ~~0115430753~~0115444242 ~~CA 79~~50,216.6632 01-~~Mar~~Nov-2005 ~~235,000~~0 10.00000% ~~234,036~~795.0829 Group II ~~0115432585~~0115445082 NY 95,028.00 01-~~Apr~~Oct-2005 ~~266,855~~0 6.00875% ~~266~~1,~~113~~009.6122 Group II ~~0115436123~~0115445504 CO 93,555.2089 01-~~Apr~~Nov-2005 ~~308,500.00~~0 ~~307,202~~8.04775% ~~Group II 0115436719 CA 85.00 01-Apr-2005 107~~1,~~950~~290.0069 ~~107,444.19~~ Group II ~~0115438012~~0115445728 ~~TN 65.48 01-Apr-2005 55~~198,~~000~~992.~~00 54,823.08 Group II 0115439648 CT 88.~~09 01-~~Apr~~Sep-2005 ~~196,000~~1 6.00950% ~~195~~3,~~256~~205.1898 Group II ~~0115440174~~0115446023 ~~CA 64~~143,405.0016 01-~~Apr~~Nov-2005 ~~336,000~~0 9.00400% ~~334~~2,~~913~~127.8775 Group II ~~0115447112~~0115447211 ~~FL 67~~143,239.7686 01-~~Apr~~Nov-2005 ~~103,000~~0 8.00200% ~~102~~1,~~514~~601.6426 Group II ~~0115449076~~0115449480 ~~AZ 80~~261,066.0084 01-~~Apr~~Sep-2005 ~~156,000~~1 7.00700% ~~155~~4,~~346~~695.7767 Group III ~~0115222259~~0115422743 ~~MT 20.00 01-Mar-2005 31~~106,~~400~~416.~~00 31,135.~~10 ~~Group III 0115239824 WI 20.00~~ 01-~~Apr~~Aug-2005 ~~25,000~~2 7.00300% 241,~~848~~689.0430 Group III ~~0115415945~~0115430209 ~~TX 68.96 01-Feb-2005 79~~151,~~300~~930.~~00 78,749.~~50 ~~Group III 0115420804 FL 40.00~~ 01-~~Apr~~Nov-2005 ~~100,000~~0 7.00150% 991,~~489~~438.1742 Group III ~~0115424533~~0115432007 ~~HI 58~~143,538.0059 01-~~Apr~~Sep-2005 ~~319,000.00~~1 ~~317,702~~9.88200% ~~Group III 0115425498 UT 20.00 01-Mar-2005 85~~3,~~600~~120.0025 ~~85,412.61~~ Group III ~~0115426058~~0115440950 ~~IL 68.19 01-Apr-2005 288~~103,~~500~~269.0033 ~~287,219.40 Group III 0115426074 FL 75.00~~ 01-~~Mar~~Nov-2005 ~~116,250.00~~0 ~~115,819~~6.86750% ~~Group III 0115437907 MI 70.48 01-Apr-2005 74~~1,~~000~~076.~~00 73,738.06 Group III 0115439747 CA~~ 20~~.00~~ ~~01-Apr-2005 76,512.00 76,362.17~~ Group IV ~~0115228090~~0115225609 ~~CA 54~~98,324.4735 01-~~Apr~~Nov-2005 ~~140,000~~0 6.00900% ~~139~~1,~~473~~049.9226 Group IV ~~0115229189~~0115225617 ~~CA 77~~98,886.83 01-~~Mar~~May-2005 ~~165,000~~5 8.00800% ~~164~~4,~~002~~192.0302 Group IV ~~0115229783~~0115226334 ~~IL 73~~109,514.4796 01-~~Apr~~Aug-2005 ~~180,000~~2 6.00900% ~~179~~1,~~362~~970.9253 Group IV ~~0115230328~~0115228132 ~~MD 89~~141,207.4544 01-~~Apr~~Oct-2005 ~~195,000~~0 6.00700% ~~194~~1,~~135~~458.9547 Group IV ~~0115230492~~0115236259 ~~NY 51~~557,561.9538 01-~~Apr~~Aug-2005 ~~200,000~~2 6.00750% ~~198~~11,~~933~~600.2931 Group IV ~~0115232464~~0115240061 ~~CA 86~~190,879.6796 01-~~Apr~~Nov-2005 ~~260,000.00~~0 ~~258,973~~7.54700% ~~Group IV 0115232761 CA 75.00 01-Mar-2005 270~~2,~~000~~291.0042 ~~268,826.30~~ Group IV ~~0115233777~~0115241184 ~~NJ 80.00 01-Mar-2005 316~~240,~~000~~161.0037 ~~314,496.91 Group IV 0115234767 CA 75.00~~ 01-~~Mar~~Nov-2005 ~~382,500.00~~ 0~~.00~~ ~~Group IV 0115234874 CA 82~~9.46200% ~~01-Apr-2005 395~~3,~~000~~483.0031 ~~393,858.78~~ Group IV ~~0115235079~~0115415788 ~~CA 80.00 01-Apr-2005 405~~408,~~600~~814.0099 ~~405,600.00 Group IV 0115235228 CA 68.80~~ 01-~~Apr~~Sep-2005 ~~430,000.00~~1 ~~430,000~~6.00250% ~~Group IV 0115235269 FL 65.00 01-Apr-2005 435~~5,~~500~~870.0084 ~~433,676.40~~ Group IV ~~0115241234~~0115416042 ~~AZ 90.00 01-Apr-2005 464~~53,~~400~~057.0096 ~~462,836.87 Group IV 0115241416 CA 90.00~~ 01-~~Apr~~Nov-2005 ~~288,000.00~~0 ~~288,000~~10.00050% ~~Group IV 0115417644 FL 70~~844.0070 ~~01-Mar-2005 89,600.00 89,299.14~~ Group IV ~~0115420846~~0115419400 ~~FL 89.69 01-Apr-2005 174~~409,~~000~~584.0009 ~~173,999.50 Group IV 0115421703 NV 85.00~~ 01-~~Apr~~Nov-2005 ~~399,500.00~~0 ~~397,998~~7.88200% ~~Group IV 0115422008 VA 82.82 01-Apr-2005 600~~3,~~000~~333.0091 ~~599,898.98~~ Group IV ~~0115424269~~0115427973 ~~CA 80.00 01-Apr-2005 168~~365,~~000~~749.0096 ~~167,621.34 Group IV 0115428021 MI 71.90~~ 01-~~Apr~~Oct-2005 ~~550,000.00~~ 0~~.00~~ ~~Group IV 0115429292 NY 80~~6.00990% ~~01-Apr-2005 172~~3,~~000~~349.0066 ~~171,574.71~~ Group IV ~~0115429557~~0115436545 ~~CA 80~~215,145.0066 01-~~Mar~~Jul-2005 ~~588,000~~3 6.00075% ~~585~~4,~~469~~987.3856 Group IV ~~0115430084~~0115440836 ~~CA 75~~210,233.0021 01-~~Mar~~Aug-2005 ~~536,250.00~~2 ~~533,999~~8.~~06 Group IV 0115436099 AZ 90.00 01-Apr-2005 337,~~500~~.00~~% ~~336~~4,~~293~~904.4528 Group IV ~~0115439689~~0115446346 ~~CA 80~~395,963.0093 01-~~Apr~~Sep-2005 ~~306,048~~1 6.00250% ~~304~~5,~~715~~692.5505 Group IV ~~0115440083~~0115446874 ~~IL 74~~77,740.2910 01-~~Apr~~Dec-2005 ~~156,000~~(1) 7.00300% ~~156,000~~376.0038 Group IV ~~0115441222~~0115447708 ~~CA 92~~91,447.8417 01-~~Apr~~Nov-2005 ~~408,500.00~~0 ~~408,250~~7.12550% ~~Group IV 0115441453 CA 80.00 01-Apr-2005 212~~1,~~000~~074.0093 ~~210,932.11~~ Group IV ~~0115442022~~0115448136 OH 90~~.00 01-Apr-2005 146~~,~~700~~430.0056 ~~146,201.19 Group IV 0115444572 CA 75.00~~ 01-~~Apr~~Oct-2005 ~~161,250.00~~0 ~~160,886~~7.54625% ~~Group IV 0115445744 MN 85.00 01-Apr-2005 310~~1,~~250~~073.~~00 309,031.16~~45

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I 0115227837 Loan Paid in Full 0 7.600% 360 4 Group I 0115419913 Loan Paid in Full 0 8.275% 360 4 Group I 0115423147 Loan Paid in Full 0 10.450% 240 6 Group I 0115424392 Loan Paid in Full 0 7.650% 360 5 Group I 0115431900 Loan Paid in Full 0 8.100% 360 5 Group I 0115439010 Loan Paid in Full 0 10.000% 360 4 Group I 0115442485 Loan Paid in Full 0 6.650% 360 4 Group II 0115226698 Loan Paid in Full 0 8.400% 360 4 Group II 0115229015 Loan Paid in Full 0 7.300% 360 5 Group II 0115229908 Loan Paid in Full 0 7.250% 360 5 Group II 0115230237 Loan Paid in Full 0 6.650% 360 5 Group II 0115230260 Loan Paid in Full 0 7.350% 360 5 Group II 0115231383 Loan Paid in Full 0 6.250% 360 4 Group II 0115231664 Loan Paid in Full 0 8.800% 360 6 Group II 0115231961 Loan Paid in Full 0 10.650% 360 4 Group II 0115232449 Loan Paid in Full 0 7.550% 360 4 Group II 0115232597 Loan Paid in Full 0 7.400% 360 5 Group II 0115235467 Loan Paid in Full 0 6.250% 360 5 Group II 0115236903 Loan Paid in Full 0 7.800% 360 4 Group II 0115237083 Loan Paid in Full 0 9.125% 360 5 Group II 0115238388 Loan Paid in Full 0 7.900% 360 4 Group II 0115239709 Loan Paid in Full 0 8.500% 360 4 Group II 0115240798 Loan Paid in Full 0 7.300% 360 4 Group II 0115241689 Loan Paid in Full 0 8.250% 360 4 Group II 0115419004 Loan Paid in Full 0 5.850% 360 4 Group II 0115420457 Loan Paid in Full 0 7.150% 360 4 Group II 0115424517 Loan Paid in Full 0 6.990% 360 5 Group II 0115424558 Loan Paid in Full 0 6.900% 360 4 Group II 0115427759 Loan Paid in Full 0 6.250% 360 4 Group II 0115428195 Loan Paid in Full 0 5.300% 360 4 Group II 0115429508 Loan Paid in Full 0 7.600% 360 5 Group II 0115429623 Loan Paid in Full 0 8.950% 360 4 Group II 0115429961 Loan Paid in Full (1) 6.300% 360 5 Group II 0115430266 Loan Paid in Full 0 7.850% 360 5 Group II 0115430753 Loan Paid in Full 0 7.990% 360 5 Group II 0115432585 Loan Paid in Full 0 8.990% 360 4 Group II 0115436123 Loan Paid in Full 0 6.950% 360 4 Group II 0115436719 Loan Paid in Full 0 6.750% 360 4 Group II 0115438012 Loan Paid in Full 0 8.275% 360 4 Group II 0115439648 Loan Paid in Full 0 7.450% 360 4 Group II 0115440174 Loan Paid in Full 0 8.250% 360 4 Group II 0115447112 Loan Paid in Full 0 6.350% 360 4 Group II 0115449076 Loan Paid in Full 0 6.950% 360 4 Group III 0115222259 Loan Paid in Full 0 9.650% 240 5 Group III 0115239824 Loan Paid in Full 0 10.750% 240 4 Group III 0115415945 Loan Paid in Full 0 6.100% 360 6 Group III 0115420804 Loan Paid in Full 0 6.250% 360 4 Group III 0115424533 Loan Paid in Full 0 7.100% 360 4 Group III 0115425498 Loan Paid in Full 0 11.000% 360 5 Group III 0115426058 Loan Paid in Full 0 6.650% 360 4 Group III 0115426074 Loan Paid in Full 0 8.500% 360 5 Group III 0115437907 Loan Paid in Full 0 7.875% 360 4 Group III 0115439747 Loan Paid in Full 0 10.650% 360 4 Group IV 0115228090 Loan Paid in Full 0 7.500% 360 4 Group IV 0115229189 Loan Paid in Full 0 6.000% 360 5 Group IV 0115229783 Loan Paid in Full 0 7.800% 360 4 Group IV 0115230328 Loan Paid in Full 0 6.850% 360 4 Group IV 0115230492 Loan Paid in Full 0 5.700% 360 4 Group IV 0115232464 Loan Paid in Full 0 7.250% 360 4 Group IV 0115232761 Loan Paid in Full 0 7.700% 360 5 Group IV 0115233777 Loan Paid in Full 0 7.650% 360 5 Group IV 0115234767 Loan Paid in Full 0 5.950% 360 5 Group IV 0115234874 Loan Paid in Full 0 8.800% 360 4 Group IV 0115235079 Loan Paid in Full 0 6.650% 360 4 Group IV 0115235228 Loan Paid in Full 0 6.625% 360 4 Group IV 0115235269 Loan Paid in Full 0 6.950% 360 4 Group IV 0115241234 Loan Paid in Full 0 8.050% 360 4 Group IV 0115241416 Loan Paid in Full 0 6.300% 360 4 Group IV 0115417644 Loan Paid in Full 0 9.250% 360 5 Group IV 0115420846 Loan Paid in Full 0 6.550% 360 4 Group IV 0115421703 Loan Paid in Full 0 7.500% 360 4 Group IV 0115422008 Loan Paid in Full 0 6.100% 360 4 Group IV 0115424269 Loan Paid in Full 0 9.990% 360 4 Group IV 0115428021 Loan Paid in Full 0 10.250% 360 4 Group IV 0115429292 Loan Paid in Full 0 9.550% 360 4 Group IV 0115429557 Loan Paid in Full 0 7.750% 360 5 Group IV 0115430084 Loan Paid in Full 0 7.875% 360 5 Group IV 0115436099 Loan Paid in Full 0 7.750% 360 4 Group IV 0115439689 Loan Paid in Full 0 6.750% 360 4 Group IV 0115440083 Loan Paid in Full 0 5.900% 360 4 Group IV 0115441222 Loan Paid in Full 0 7.250% 360 4 Group IV 0115441453 Loan Paid in Full 0 5.990% 360 4 Group IV 0115442022 Loan Paid in Full 0 8.000% 360 4 Group IV 0115444572 Loan Paid in Full 0 9.990% 360 4 Group IV 0115445744 Loan Paid in Full 0 7.275% 360 4

~~Summary~~Prepayment ~~SMM~~Detail ~~CPR~~- ~~PSA~~Prepayments ~~Current~~during ~~Month 2.136%~~ Current ~~Month~~Period ~~22.823%~~Summary ~~Current~~Loans ~~Month~~Paid ~~2,628.649%~~In 3Full ~~Month~~Repurchased ~~Average~~Loans ~~1.727%~~Original ~~3 Month Average 18.739% 3 Month Average 2,797.353% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR:~~ Current vsOriginal ~~12mo Average* PSA:~~ Current vsPrincipal ~~12mo~~Principal Average*Principal ~~Month~~Principal ~~Current~~Group ~~12mo~~Count ~~Avg.~~Balance ~~Month~~Balance ~~Current~~Count ~~12mo~~Balance ~~Avg.~~Balance ~~Sep-2004~~Group ~~N/A~~I ~~N/A~~16 Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 12.011% N/A Jun-2005 2,~~563.195% N/A Jul-2005 21.383% N/A Jul-2005 3~~020,~~200~~035.~~215%~~30 ~~N/A Aug-2005 22.823% N/A Aug-2005~~ 2,628.649% 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 SMM CPR PSA Current Month 1.242% Current Month 13.922% Current Month 1003,~~540~~526.~~665%~~50 ~~3 Month Average~~ 0~~.812%~~ ~~3 Month Average 9.215% 3 Month Average 1,215.887% 12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 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 N/A N/A May-2005 N/A N/A Jun-2005 2.792% N/A Jun-2005 553.293% N/A Jul-2005 10.931% N/A Jul-2005 1,553.704% N/A Aug-2005 13.922% N/A Aug-2005 1,540.665% 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 II ~~SMM~~59 ~~CPR PSA Current Month 2.071% Current Month 22.203% Current Month 2~~11,~~591~~574,032.~~389%~~00 ~~3 Month Average 1.828% 3 Month Average 19.681% 3 Month Average 2~~11,~~992~~509,332.~~125%~~59 ~~12 Month Average~~ 0~~.000%~~ ~~12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 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 N/A N/A May-2005 N/A N/A Jun-2005 11.836% N/A Jun-2005 2,581.553% N/A Jul-2005 25.004% N/A Jul-2005 3,803.435% N/A Aug-2005 22.203% N/A Aug-2005 2,591.389% 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 III ~~SMM~~10 ~~CPR PSA Current Month 1~~954,119.~~473%~~00 ~~Current Month 16.307% Current Month 1~~944,~~750~~652.~~541%~~30 ~~3 Month Average~~ 0~~.729%~~ ~~3 Month Average 8.202% 3 Month Average 973.621% 12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 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 N/A N/A May-2005 N/A N/A Jun-2005 0.667% N/A Jun-2005 125.771% N/A Jul-2005 7.631% N/A Jul-2005 1,044.551% N/A Aug-2005 16.307% N/A Aug-2005 1,750.541% 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 IV ~~SMM~~54 ~~CPR PSA Current Month 2.535% Current Month 26.513% Current Month 3~~14,~~090~~713,980.~~733%~~00 ~~3 Month Average 2.037% 3 Month Average 21.773% 3 Month Average 3~~14,~~355~~637,329.~~557%~~10 ~~12 Month Average~~ 0~~.000%~~ ~~12 Month Average~~ 0.~~000%~~00 ~~12 Month Average~~ 0.~~000%~~00 ~~CPR:~~Total ~~Current~~139 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 N/A N/A May-2005 N/A N/A Jun-2005 16.163% N/A Jun-2005 329,~~532.403% N/A Jul-2005 22.643% N/A Jul-2005 3~~262,~~443~~166.~~534%~~30 ~~N/A Aug-2005 26.513% N/A Aug-2005 3~~29,~~090~~094,840.~~733%~~49 ~~N/A~~0 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report0.00 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))~~00

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 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 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 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 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 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III 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 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV 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 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Contact US: RMG T: 718-858-6050 Risk Management Group E:info@rmgglobal.com W:www.rmgglobal.com Bankruptcy Report Date: 8/30/2005 4:34:27 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Chapter Current Value Confirmation Date Current UPB Loan Number Filing Date Sr/Jr Lien Bal Prepetition Due Servicer Name Date Originator 1000279193 13 $128,000.00 $107,107.58 20230256 7/12/2005 $0.00 Chase 1000468407 7 $90,000.00 $59,850.72 20231346 7/12/2005 $0.00 Chase 1000757602 7 $209,171.00 $167,282.56 20239976 7/12/2005 $0.00 Chase 1000757924 7 $209,171.00 $41,584.10 20240024 7/12/2005 $167,300.00 Chase 1000803697 13 $174,000.00 $153,962.05 20246286 7/30/2005 $0.00 Chase 1000823684 7 $182,319.00 $145,380.19 20249272 7/12/2005 $0.00 Chase 1000829330 7 $182,319.00 $36,246.17 20250247 7/12/2005 $145,855.00 Chase 1000836377 7 $105,000.00 $89,074.53 20251278 7/12/2005 $0.00 Chase 1000869322 13 $340,000.00 $179,512.02 20256079 7/12/2005 $0.00 Chase 1000884662 7 $350,000.00 $296,910.25 20257747 7/26/2005 $0.00 Chase 1000956674 7 $219,000.00 $174,603.24 20265443 7/12/2005 $0.00 Chase 1000960222 7 $168,000.00 $159,600.00 20265930 7/12/2005 $0.00 Chase 1000976714 7 $93,000.00 $92,726.84 20267472 7/12/2005 $0.00 Chase 1001056840 7 $99,000.00 $78,991.50 20272787 7/12/2005 $0.00 Chase 1001065778 7 $120,000.00 $95,644.57 20273017 7/12/2005 $0.00 Chase 1001069658 7 $127,000.00 $101,218.71 20273066 7/12/2005 $0.00 Chase 1001136381 13 $101,000.00 $90,634.29 20274304 7/12/2005 $0.00 Chase 1974161 7 $312,000.00 $279,785.14 20275350 7/12/2005 $0.00 Chase 2022550 13 $171,500.00 $128,509.50 20276341 7/12/2005 $0.00 Chase 2028462 7 $295,000.00 $235,313.64 20277182 7/12/2005 $0.00 Chase 2042995 13 $115,000.00 $97,676.72 20279634 7/27/2005 $0.00 Chase 2043003 7 $495,000.00 $363,879.41 20279642 7/14/2005 $0.00 Chase 2055415 7 $140,000.00 $111,766.98 20282406 7/20/2005 $0.00 Chase Bankruptcy Report (Continued) Date: 8/30/2005 4:34:27 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Plan Paid to Date Post Petition Due End Date Amount Last Paid Last Payment Date Date Dismissal Date $651.57 7/31/2005 $426.44 $996.73 7/5/2005 $410.33 7/5/2005 $1,420.73 7/30/2005 $1,020.00 7/22/2005 $375.00 7/22/2005 $664.25 7/20/2005 $1,320.78 7/7/2005 $2,600.00 7/22/2005 $1,148.02 7/18/2005 $950.95 $663.31 6/30/2005 $693.90 7/25/2005 $663.87 7/29/2005 $632.20 7/15/2005 $643.39 7/25/2005 $2,002.93 7/14/2005 $1,065.56 $1,674.46 7/8/2005 $606.41 $2,272.72 7/14/2005 $983.58 7/22/2005

~~RMG~~Prepayment ~~Risk~~Loan ~~Management~~Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group ~~Default~~Number ~~Summary~~Type ~~Dashboard~~Delinquent Rate Term Seasoning Group I 0115221525 Loan Paid in Full 0 9.900% 180 8 Group I 0115222531 Loan Paid in Full 0 10.500% 360 8 Group I 0115222846 Loan Paid in Full 0 10.500% 360 8 Group I 0115415333 Loan Paid in Full 0 6.850% 360 9 Group I 0115418378 Loan Paid in Full 0 5.990% 360 8 Group I 0115424434 Loan Paid in Full 0 7.650% 360 9 Group I 0115424665 Loan Paid in Full 0 5.990% 360 9 Group I 0115426223 Loan Paid in Full 0 6.990% 180 8 Group I 0115427791 Loan Paid in Full 0 7.950% 360 8 Group I 0115428716 Loan Paid in Full (~~OTS~~1) ~~Date:~~12.000% 240 9 Group I 0115432759 Loan Paid in Full 0 8~~/30/2005~~.000% ~~4:33:~~360 8 Group I 0115433336 Loan Paid in Full 0 10.150% PM360 ~~Deal~~8 ~~Number:~~Group ~~SASCO~~I ~~2005-NC2~~0115433690 ~~Report~~Loan AsPaid ~~of:~~in Full 0 7~~/30/2005~~.990% ~~Delinquencies~~360 ~~Per~~8 ~~Servicer~~Group ~~CURRENT~~I 300115436933 60Loan ~~90+~~Paid ~~Total~~in ~~Count~~Full ~~UPB~~0 ~~Count~~11.050% ~~UPB~~360 ~~Count~~8 ~~UPB~~Group ~~Count~~I ~~UPB~~0115441602 ~~Count~~Loan ~~UPB~~Paid ~~Delinquent~~in ~~N/A~~Full ~~N/A~~0 676.800% $360 8 Group I 0115448490 Loan Paid in Full 0 11.200% 360 8 Group II 0115224875 Loan Paid in Full 0 8.800% 360 8 Group II 0115224891 Loan Paid in Full 0 5.990% 360 8 Group II 0115225625 Loan Paid in Full 0 7.250% 360 9 Group II 0115227308 Loan Paid in Full 0 7.600% 360 9 Group II 0115227936 Loan Paid in Full 0 8.250% 360 8 Group II 0115228439 Loan Paid in Full 0 7.450% 360 9 Group II 0115229106 Loan Paid in Full 0 8.650% 360 9 Group II 0115229239 Loan Paid in Full 0 9.125% 360 9 Group II 0115229510 Loan Paid in Full 0 6.900% 360 8 Group II 0115229759 Loan Paid in Full 0 7.150% 360 9 Group II 0115230708 Loan Paid in Full 0 7.800% 360 8 Group II 0115231052 Loan Paid in Full (1) 7.350% 360 9 Group II 0115231110 Loan Paid in Full 0 7.450% 360 8 Group II 0115231219 Loan Paid in Full 0 6.900% 360 8 Group II 0115231474 Loan Paid in Full 0 6.375% 360 8 Group II 0115231854 Loan Paid in Full 0 8.100% 360 9 Group II 0115232100 Loan Paid in Full 0 9.950% 360 8 Group II 0115232738 Loan Paid in Full 0 6.950% 360 9 Group II 0115233173 Loan Paid in Full 0 8.990% 360 9 Group II 0115233694 Loan Paid in Full 0 6.875% 360 8 Group II 0115233843 Loan Paid in Full 0 6.450% 360 8 Group II 0115237687 Loan Paid in Full 0 6.650% 360 8 Group II 0115237851 Loan Paid in Full 0 6.850% 360 8 Group II 0115240087 Loan Paid in Full 0 5.750% 360 8 Group II 0115240632 Loan Paid in Full 0 8.900% 360 8 Group II 0115242380 Loan Paid in Full 0 6.200% 360 8 Group II 0115416562 Loan Paid in Full 0 7.750% 360 8 Group II 0115419160 Loan Paid in Full 0 5.965% 360 8 Group II 0115420879 Loan Paid in Full 0 7.275% 360 8 Group II 0115421547 Loan Paid in Full 0 7.850% 360 8 Group II 0115422131 Loan Paid in Full 0 8.500% 360 8 Group II 0115423469 Loan Paid in Full 0 6.300% 360 10~~,456,565~~ Group II 0115424095 Loan Paid in Full 0 7.66850% 23360 $9 Group II 0115424608 Loan Paid in Full 3~~,674,314~~ 8.78450% 360 8 Group II 0115425753 Loan Paid in Full 0 $7.400% 360 9 Group II 0115426322 Loan Paid in Full 0 6.00875% 90360 ~~$14,130,880~~8 Group II 0115426421 Loan Paid in Full 0 10.44750% ~~Foreclosure~~360 8 Group II 0115427023 Loan Paid in Full 0 $6.425% 360 9 Group II 0115429714 Loan Paid in Full 0 8.00450% 360 8 Group II 0115430100 Loan Paid in Full 0 $8.400% 360 8 Group II 0115433328 Loan Paid in Full 0 6.00775% 360 8 Group II 0115434052 Loan Paid in Full 0 $6.500% 360 8 Group II 0115434938 Loan Paid in Full 0 7.00950% 360 8 Group II 0115437238 Loan Paid in Full 0 $8.000% 360 8 Group II 0115437253 Loan Paid in Full 0 5.00850% 360 8 Group II 0115438996 Loan Paid in Full 0 $6.175% 360 8 Group II 0115439184 Loan Paid in Full (1) 7.125% 360 8 Group II 0115440109 Loan Paid in Full 0 6.00500% ~~Bankruptcy~~360 208 ~~$2,901,474~~Group II 0115440455 Loan Paid in Full 0 6.49800% 2360 ~~$288,109~~8 Group II 0115440489 Loan Paid in Full 0 8.50488% 360 8 Group II 0115441008 Loan Paid in Full 0 7.250% 360 8 Group II 0115441198 Loan Paid in Full 0 5.990% 360 8 Group II 0115441370 Loan Paid in Full 0 6.990% 360 8 Group II 0115442279 Loan Paid in Full 1 ~~$97,676~~7.72990% 360 8 Group II 0115442840 Loan Paid in Full 0 $8.625% 360 8 Group II 0115443608 Loan Paid in Full 0 5.00800% 23360 ~~$3,287,260~~8 Group II 0115444465 Loan Paid in Full 0 7.71550% ~~REO~~360 ~~N/A~~8 ~~N/A~~Group II 0115447807 Loan Paid in Full 0 $8.500% 360 8 Group II 0115450199 Loan Paid in Full 0 6.00875% 360 8 Group III 0115221608 Loan Paid in Full 0 $10.700% 240 11 Group III 0115221913 Liquidation 5 10.100% 180 9 Group III 0115222168 Loan Paid in Full 0 9.00990% 240 9 Group III 0115223174 Loan Paid in Full 4 11.350% 360 8 Group III 0115224636 Loan Paid in Full 0 $6.250% 180 9 Group III 0115232746 Loan Paid in Full 0 7.00150% 360 9 Group III 0115241374 Loan Paid in Full 0 $9.990% 360 8 Group III 0115242109 Loan Paid in Full 0 11.00350% FB360 8 Group III 0115415457 Loan Paid in Full 0 5.990% 360 12 Group III 0115425001 Loan Paid in Full 0 10.800% 360 9 Group III 0115429672 Loan Paid in Full (~~Contractual~~1) 10.850% 240 9 Group IV 0115223604 Loan Paid in Full 0 $7.450% 360 8 Group IV 0115226730 Loan Paid in Full 0 8.00600% 360 8 Group IV 0115226748 Loan Paid in Full 0 $8.700% 360 9 Group IV 0115227605 Loan Paid in Full 0 6.00200% 360 8 Group IV 0115229676 Loan Paid in Full 0 $7.800% 360 8 Group IV 0115231250 Loan Paid in Full 0 6.00990% 360 8 Group IV 0115232209 Loan Paid in Full 0 $6.900% 360 8 Group IV 0115232894 Loan Paid in Full 0 8.00500% 360 9 Group IV 0115233322 Loan Paid in Full 0 $6.600% 360 9 Group IV 0115233751 Loan Paid in Full 0 6.00175% ~~Total~~360 209 $Group IV 0115233918 Loan Paid in Full 0 5.800% 360 8 Group IV 0115234676 Loan Paid in Full 0 7.600% 360 9 Group IV 0115234726 Loan Paid in Full 0 6.750% 360 9 Group IV 0115235129 Loan Paid in Full 0 7.250% 360 9 Group IV 0115235319 Loan Paid in Full 0 7.350% 360 9 Group IV 0115235772 Loan Paid in Full 2~~,901,474~~ 7.49300% 69360 ~~$10,744,675~~8 Group IV 0115235780 Loan Paid in Full 0 8.16600% 24360 ~~$3,771,991~~8 Group IV 0115235913 Loan Paid in Full 0 6.50850% 360 9 Group IV 0115236200 Loan Paid in Full 0 $11.250% 360 8 Group IV 0115236242 Loan Paid in Full 0 6.00850% ~~113~~360 ~~$17,418,141~~8 Group IV 0115236630 Loan Paid in Full 2 8.15950% ~~Trustee~~360 ~~Per~~8 ~~Servicer~~Group ~~CURRENT~~IV 300115237786 60Loan ~~90+~~Paid ~~Total~~in ~~Count~~Full ~~UPB~~0 ~~Count~~7.500% ~~UPB~~360 ~~Count~~8 ~~UPB~~Group ~~Count~~IV ~~UPB~~0115238701 ~~Count~~Loan ~~UPB~~Paid ~~Delinquent~~in ~~Foreclosure~~Full ~~Bankruptcy~~0 ~~REO~~7.750% FB360 8 Group IV 0115238776 Loan Paid in Full 0 7.850% 360 9 Group IV 0115242356 Loan Paid in Full 0 6.100% 360 8 Group IV 0115418931 Loan Paid in Full 0 8.300% 360 8 Group IV 0115424111 Loan Paid in Full 0 7.300% 360 10 Group IV 0115428211 Loan Paid in Full (~~Contractual~~1) ~~Total~~5.500% 360 8 Group IV 0115428542 Loan Paid in Full 0 $6.650% 360 8 Group IV 0115429904 Loan Paid in Full 0 8.00338% ~~Trustee~~360 ~~Report~~8 ~~Foreclosure~~Group ~~Top~~IV 0115431041 Loan Paid in Full 0 6.500% 360 8 Group IV 0115431397 Loan Paid in Full 0 8.863% 360 8 Group IV 0115431728 Loan Paid in Full 0 6.550% 360 9 Group IV 0115432270 Loan Paid in Full (1) 10.300% 360 8 Group IV 0115433054 Loan Paid in Full 0 7.150% 360 8 Group IV 0115434078 Loan Paid in Full 0 6.350% 360 8 Group IV 0115435596 Loan Paid in Full 0 7.450% 360 8 Group IV 0115435786 Loan Paid in Full 0 6.150% 360 8 Group IV 0115436164 Loan Paid in Full 1 6.250% 360 8 Group IV 0115436610 Loan Paid in Full 0 6.950% 360 8 Group IV 0115437097 Loan Paid in Full 0 7.000% 360 8 Group IV 0115437477 Loan Paid in Full 0 5.800% ~~States~~360 ~~State~~8 ~~Count~~Group ~~UPB~~IV 0115440364 Loan Paid in Full 0 6.100% of360 ~~Total~~8 ~~UPB~~Group ~~Average~~IV ~~Days~~0115440901 InLoan ~~Foreclosure~~Paid ~~State~~in ~~Average~~Full 0 6.750% 360 8 Group IV 0115441552 Loan Paid in Full 0 7.350% 360 8 Group IV 0115441693 Loan Paid in Full 0 8.825% 360 8 Group IV 0115442048 Loan Paid in Full 0 7.000% 360 8 Group IV 0115443038 Loan Paid in Full 3 6.990% 360 8 Group IV 0115443269 Loan Paid in Full 1 9.250% 360 8 Group IV 0115443707 Loan Paid in Full 0 6.900% 360 8 Group IV 0115444077 Loan Paid in Full 0 6.100% 360 8 Group IV 0115444499 Loan Paid in Full 0 6.200% 360 8 Group IV 0115445868 Loan Paid in Full 0 6.600% 360 8 Group IV 0115449373 Loan Paid in Full 0 7.650% 360 8

Prepayment - Voluntary Prepayments

RMG Risk Management Group Focus Report Date: 8/30/2005 4:38:50 PM Deal Number: SASCO 2005-NC2 Deal: SASCO 2005-NC2 (OTS) - 7/30/2005 Investor Ln Nbr Lien State First Pmt Valuation Method Orig. Value Loan Number Status FICO(Date) Next Contr Due Valuation Date Current Value Servicer Name Aging/Delinquency Dt. Originator 1000485870 1 NY 4/1/2005 $499,000.00 20231627 DELINQ/ 6/1/2005 $499,000.00 Chase (59/59) 1000488617 2 IL 2/1/2005 $106,000.00 20231684 DELINQ/ 6/1/2005 $106,000.00 Chase (59/59) 1000554714 1 MD 4/1/2005 $165,000.00 20232542 DELINQ/ 6/1/2005 $165,000.00 Chase (59/59) 1000580311 1 MI 2/1/2005 $153,500.00 20232872 DELINQ/ 5/1/2005 $153,500.00 Chase (89/89) 1000623524 1 CA 3/1/2005 $400,000.00 20233540 DELINQ/ 6/1/2005 $400,000.00 Chase (59/59) 1000626932 1 TX 4/1/2005 $175,500.00 20233599 DELINQ/ 6/1/2005 $175,500.00 Chase (59/59) 1000659692 1 CA 3/1/2005 $295,000.00 20234803 DELINQ/ 6/1/2005 $295,000.00 Chase (59/59) 1000669342 1 IL 3/1/2005 $139,000.00 20235289 DELINQ/ 6/1/2005 $139,000.00 Chase (59/59) 1000732176 1 CA 4/1/2005 $540,000.00 20237350 DELINQ/ 6/1/2005 $540,000.00 Chase (59/59) 1000736494 1 MI 4/1/2005 $85,000.00 20237582 DELINQ/ 6/1/2005 $85,000.00 Chase (59/59) 1000737377 2 CA 4/1/2005 $255,000.00 20237665 DELINQ/ 6/1/2005 $255,000.00 Chase (59/59) 1000766558 1 GA 4/1/2005 $68,000.00 20240727 DELINQ/ 6/1/2005 $68,000.00 Chase (59/59) 1000767101 1 FL 4/1/2005 $160,000.00 20240792 DELINQ/ 5/1/2005 $160,000.00 Chase (89/89) 1000778402 1 IN 4/1/2005 $85,000.00 20242418 DELINQ/ 5/1/2005 $85,000.00 Chase (89/89) 1000780364 1 MI 4/1/2005 $360,000.00 20242699 DELINQ/ 5/1/2005 $360,000.00 Chase (89/89) 1000782326 1 FL 4/1/2005 $128,000.00 20242897 DELINQ/ 6/1/2005 $128,000.00 Chase (59/59) 1000784244 1 CA 3/1/2005 $350,000.00 20243135 DELINQ/ 6/1/2005 $350,000.00 Chase (59/59) 1000791780 1 NJ 4/1/2005 $192,000.00 20244364 DELINQ/ 5/1/2005 $192,000.00 Chase (89/89) 1000793225 1 CA 3/1/2005 $197,500.00 20244646 DELINQ/ 5/1/2005 $197,500.00 Chase (89/89) 1000793500 1 MI 4/1/2005 $89,500.00 20244679 DELINQ/ 6/1/2005 $89,500.00 Chase (59/59) 1000795688 1 SC 4/1/2005 $86,500.00 20245007 DELINQ/ 6/1/2005 $86,500.00 Chase (59/59) 1000797258 1 MS 3/1/2005 $72,000.00 20245338 DELINQ/ 5/1/2005 $72,000.00 Chase (89/89) 1000803269 2 KY 3/1/2005 $137,900.00 20246187 DELINQ/ 5/1/2005 $137,900.00 Chase (89/89) 1000804106 1 FL 3/1/2005 $290,000.00 20246344 DELINQ/ 6/1/2005 $290,000.00 Chase (59/59) 1000806532 1 WA 3/1/2005 $183,900.00 20246674 DELINQ/ 6/1/2005 $183,900.00 Chase (59/59) 1000810929 1 FL 3/1/2005 $133,500.00 20247276 DELINQ/ 6/1/2005 $133,500.00 Chase (59/59) 1000812464 1 TX 4/1/2005 $449,000.00 20247474 DELINQ/ 5/1/2005 $449,000.00 Chase (89/89) 1000819528 1 CA 4/1/2005 $305,000.00 20248670 DELINQ/ 6/1/2005 $305,000.00 Chase (59/59) 1000825183 1 MI 4/1/2005 $138,000.00 20249546 DELINQ/ 5/1/2005 $138,000.00 Chase (89/89) 1000825290 1 PA 4/1/2005 $64,000.00 20249561 DELINQ/ 5/1/2005 $64,000.00 Chase (89/89) 1000825753 1 MI 4/1/2005 $110,000.00 20249645 DELINQ/ 6/1/2005 $110,000.00 Chase (59/59) 1000825842 1 OH 4/1/2005 $93,500.00 20249660 DELINQ/ 5/1/2005 $93,500.00 Chase (89/89) 1000826538 1 CA 4/1/2005 $270,000.00 20249827 DELINQ/ 6/1/2005 $270,000.00 Chase (59/59) 1000832095 1 MI 4/1/2005 $75,000.00 20250668 DELINQ/ 6/1/2005 $75,000.00 Chase (59/59) 1000836974 1 MD 4/1/2005 $232,000.00 20251369 DELINQ/ 6/1/2005 $232,000.00 Chase (59/59) 1000839677 1 CA 4/1/2005 $380,000.00 20251799 DELINQ/ 6/1/2005 $380,000.00 Chase (59/59) 1000840246 1 OH 4/1/2005 $90,000.00 20251906 DELINQ/ 6/1/2005 $90,000.00 Chase (59/59) 1000842734 1 TN 4/1/2005 $189,000.00 20252433 DELINQ/ 6/1/2005 $189,000.00 Chase (59/59) 1000845410 1 OR 3/1/2005 $290,000.00 20252938 DELINQ/ 6/1/2005 $290,000.00 Chase (59/59) 1000848444 1 NY 4/1/2005 $495,000.00 20253506 DELINQ/ 5/1/2005 $495,000.00 Chase (89/89) 1000850608 2 AK 4/1/2005 $151,000.00 20253845 DELINQ/ 6/1/2005 $151,000.00 Chase (59/59) 1000857237 1 OH 4/1/2005 $92,000.00 20254652 DELINQ/ 6/1/2005 $92,000.00 Chase (59/59) 1000859217 1 OH 3/1/2005 $75,000.00 20254819 DELINQ/ 6/1/2005 $75,000.00 Chase (59/59) 1000859609 1 MI 4/1/2005 $210,000.00 20254850 DELINQ/ 6/1/2005 $210,000.00 Chase (59/59) 1000874655 1 CA 4/1/2005 $200,000.00 20256608 DELINQ/ 6/1/2005 $200,000.00 Chase (59/59) 1000875226 1 WA 4/1/2005 $270,000.00 20256657 DELINQ/ 6/1/2005 $270,000.00 Chase (59/59) 1000888374 1 CA 4/1/2005 $700,000.00 20258240 DELINQ/ 6/1/2005 $700,000.00 Chase (59/59) 1000888551 1 MO 4/1/2005 $125,000.00 20258299 DELINQ/ 5/1/2005 $125,000.00 Chase (89/89) 1000891930 1 IN 4/1/2005 $63,000.00 20258885 DELINQ/ 6/1/2005 $63,000.00 Chase (59/59) 1000892671 1 TX 4/1/2005 $105,000.00 20259032 DELINQ/ 5/1/2005 $105,000.00 Chase (89/89) 1000904338 1 OH 4/1/2005 $92,500.00 20260667 DELINQ/ 6/1/2005 $92,500.00 Chase (59/59) 1000905006 1 CA 4/1/2005 $680,000.00 20260782 DELINQ/ 5/1/2005 $680,000.00 Chase (89/89) 1000909039 1 CA 4/1/2005 $450,000.00 20261079 DELINQ/ 6/1/2005 $450,000.00 Chase (59/59) 1000918047 1 PA 4/1/2005 $310,000.00 20261855 DELINQ/ 6/1/2005 $310,000.00 Chase (59/59) 1000920686 1 IL 5/1/2005 $148,000.00 20262127 DELINQ/ 5/1/2005 $148,000.00 Chase (89/89) 1000931549 1 NY 4/1/2005 $400,000.00 20263232 DELINQ/ 6/1/2005 $400,000.00 Chase (59/59) 1000939355 1 TN 4/1/2005 $241,000.00 20264065 DELINQ/ 5/1/2005 $241,000.00 Chase (89/89) 1000980166 1 NY 4/1/2005 $349,800.00 20267761 DELINQ/ 6/1/2005 $349,800.00 Chase (59/59) 1000980317 2 NY 4/1/2005 $349,800.00 20267787 DELINQ/ 6/1/2005 $349,800.00 Chase (59/59) 1000982422 1 KS 4/1/2005 $150,000.00 20268033 DELINQ/ 5/1/2005 $150,000.00 Chase (89/89) 1000985287 1 OH 4/1/2005 $94,000.00 20268397 DELINQ/ 6/1/2005 $94,000.00 Chase (59/59) 1000988462 1 MO 4/1/2005 $114,900.00 20268884 DELINQ/ 6/1/2005 $114,900.00 Chase (59/59) 1000998852 1 TX 4/1/2005 $167,000.00 20269759 DELINQ/ 6/1/2005 $167,000.00 Chase (59/59) 1001000188 1 OH 4/1/2005 $105,000.00 20269866 DELINQ/ 6/1/2005 $105,000.00 Chase (59/59) 1001004629 1 NJ 4/1/2005 $265,000.00 20270070 DELINQ/ 6/1/2005 $265,000.00 Chase (59/59) 1001013664 1 VA 4/1/2005 $127,000.00 20270559 DELINQ/ 6/1/2005 $127,000.00 Chase (59/59) 1001014459 1 FL 4/1/2005 $135,000.00 20270567 DELINQ/ 6/1/2005 $135,000.00 Chase (59/59) 1001029201 1 RI 4/1/2005 $282,000.00 20271615 DELINQ/ 6/1/2005 $282,000.00 Chase (59/59) 1001041474 1 FL 4/1/2005 $260,000.00 20272175 DELINQ/ 5/1/2005 $260,000.00 Chase (89/89) 1001043267 1 FL 4/1/2005 $90,000.00 20272282 DELINQ/ 6/1/2005 $90,000.00 Chase (59/59) 1873110 1 GA 1/1/2005 $320,000.00 20274635 DELINQ/ 6/1/2005 $320,000.00 Chase (59/59) 1907549 2 GA 12/1/2004 $147,000.00 20274726 DELINQ/ 6/1/2005 $147,000.00 Chase (59/59) 2005173 1 LA 4/1/2005 $209,000.00 20275905 DELINQ/ 6/1/2005 $209,000.00 Chase (59/59) 2005571 1 CA 4/1/2005 $523,500.00 20275921 DELINQ/ 6/1/2005 $523,500.00 Chase (59/59) 2009493 1 AZ 4/1/2005 $113,000.00 20276002 DELINQ/ 5/1/2005 $113,000.00 Chase (89/89) 2018785 1 TX 4/1/2005 $145,000.00 20276127 DELINQ/ 6/1/2005 $145,000.00 Chase (59/59) 2022339 1 GA 3/1/2005 $280,000.00 20276283 DELINQ/ 6/1/2005 $280,000.00 Chase (59/59) 2022708 1 TX 3/1/2005 $131,000.00 20276382 DELINQ/ 6/1/2005 $131,000.00 Chase (59/59) 2023492 1 CA 4/1/2005 $250,000.00 20276515 DELINQ/ 6/1/2005 $250,000.00 Chase (59/59) 2024539 1 NM 4/1/2005 $140,000.00 20276630 DELINQ/ 6/1/2005 $140,000.00 Chase (59/59) 2027297 1 AZ 4/1/2005 $248,000.00 20276978 DELINQ/ 6/1/2005 $248,000.00 Chase (59/59) 2027797 1 DE 4/1/2005 $163,000.00 20277067 DELINQ/ 6/1/2005 $163,000.00 Chase (59/59) 2028861 1 TX 4/1/2005 $62,500.00 20277232 DELINQ/ 5/1/2005 $62,500.00 Chase (89/89) 2036316 1 TX 4/1/2005 $83,000.00 20278297 DELINQ/ 6/1/2005 $83,000.00 Chase (59/59) 2039257 1 LA 4/1/2005 $80,000.00 20278719 DELINQ/ 6/1/2005 $80,000.00 Chase (59/59) 2042371 1 GA 4/1/2005 $128,000.00 20279543 DELINQ/ 6/1/2005 $128,000.00 Chase (59/59) 2045583 1 TX 4/1/2005 $105,000.00 20280228 DELINQ/ 6/1/2005 $105,000.00 Chase (59/59) 2049807 1 MO 4/1/2005 $68,000.00 20281374 DELINQ/ 5/1/2005 $68,000.00 Chase (89/89) 2050380 1 FL 4/1/2005 $62,500.00 20281549 DELINQ/ 6/1/2005 $62,500.00 Chase (59/59) 2055040 1 AZ 4/1/2005 $169,000.00 20282349 DELINQ/ 6/1/2005 $169,000.00 Chase (59/59) Focus Report (Continued) Date: 8/30/2005 4:38:50 PM Deal Number: SASCO 2005-NC2 Orig. Amount OLTV BPO Var. % Boarding Date Status History Current Bal LTV Loan Type Sr/Jr Lien Bal $399,200.00 80.00% 0.00% 7/8/2005 $399,199.98 79.99% IO $0.00 $21,200.00 100.00% 0.00% 7/8/2005 $21,109.44 99.91% Conventional w/o $84,800.00 PMI $132,000.00 80.00% 0.00% 7/8/2005 $131,818.62 79.89% Conventional w/o $0.00 PMI $139,500.00 90.88% 0.00% 7/8/2005 $139,269.23 90.72% Conventional w/o $0.00 PMI $120,000.00 30.00% 0.00% 7/8/2005 $119,811.93 29.95% Conventional w/o $0.00 PMI $149,175.00 85.00% 0.00% 7/8/2005 $148,943.90 84.86% Conventional w/o $0.00 PMI $250,750.00 85.00% 0.00% 7/8/2005 $250,373.12 84.87% Conventional w/ $0.00 PMI $102,600.00 73.81% 0.00% 7/8/2005 $102,294.97 73.59% Conventional w/o $0.00 PMI $344,500.00 63.80% 0.00% 7/8/2005 $343,987.06 63.70% Conventional w/o $0.00 PMI $68,000.00 80.00% 0.00% 7/8/2005 $67,918.99 79.90% Conventional w/o $0.00 PMI $51,000.00 100.00% 0.00% 7/8/2005 $50,966.16 99.98% Conventional w/o $204,000.00 PMI $61,200.00 90.00% 0.00% 7/8/2005 $61,134.21 89.90% Conventional w/o $0.00 PMI $128,000.00 80.00% 0.00% 7/8/2005 $127,916.69 79.94% Conventional w/o $0.00 PMI $72,250.00 85.00% 0.00% 7/8/2005 $72,219.53 84.96% Conventional w/o $0.00 PMI $306,000.00 85.00% 0.00% 7/8/2005 $305,775.16 84.93% Conventional w/o $0.00 PMI $89,600.00 70.00% 0.00% 7/8/2005 $89,474.37 69.90% Conventional w/o $0.00 PMI $262,500.00 75.00% 0.00% 7/8/2005 $261,888.03 74.82% Conventional w/o $0.00 PMI $163,200.00 85.00% 0.00% 7/8/2005 $163,107.07 84.95% Conventional w/ $0.00 PMI $158,000.00 80.00% 0.00% 7/8/2005 $157,999.98 79.99% IO $0.00 $71,600.00 80.00% 0.00% 7/8/2005 $71,478.75 79.86% Conventional w/o $0.00 PMI $77,850.00 90.00% 0.00% 7/8/2005 $77,761.01 89.89% Conventional w/o $0.00 PMI $61,200.00 85.00% 0.00% 7/8/2005 $61,120.58 84.88% Conventional w/o $0.00 PMI $27,480.00 99.64% 0.00% 7/8/2005 $27,348.07 99.54% Conventional w/o $109,920.00 PMI $232,000.00 80.00% 0.00% 7/8/2005 $231,583.99 79.85% Conventional w/o $0.00 PMI $147,120.00 80.00% 0.00% 7/8/2005 $147,120.00 80.00% IO $0.00 $106,800.00 80.00% 0.00% 7/8/2005 $106,491.45 79.76% Conventional w/o $0.00 PMI $359,200.00 80.00% 0.00% 7/8/2005 $358,862.44 79.92% Conventional w/o $0.00 PMI $289,750.00 95.00% 0.00% 7/8/2005 $289,351.89 94.86% Conventional w/o $0.00 PMI $124,200.00 90.00% 0.00% 7/8/2005 $124,096.16 89.92% Conventional w/o $0.00 PMI $54,400.00 85.00% 0.00% 7/8/2005 $54,378.27 84.96% Conventional w/o $0.00 PMI $99,000.00 90.00% 0.00% 7/8/2005 $98,886.83 89.89% Conventional w/o $0.00 PMI $84,150.00 90.00% 0.00% 7/8/2005 $84,100.57 89.94% Conventional w/o $0.00 PMI $216,000.00 80.00% 0.00% 7/8/2005 $215,577.43 79.84% Conventional w/o $0.00 PMI $60,000.00 80.00% 0.00% 7/8/2005 $59,929.26 79.90% Conventional w/o $0.00 PMI $160,000.00 68.97% 0.00% 7/8/2005 $159,180.13 68.61% Conventional w/o $0.00 PMI $254,500.00 66.97% 0.00% 7/8/2005 $254,038.53 66.85% Conventional w/o $0.00 PMI $81,000.00 90.00% 0.00% 7/8/2005 $80,884.60 89.87% Conventional w/o $0.00 PMI $160,650.00 85.00% 0.00% 7/8/2005 $160,449.59 84.89% Conventional w/o $0.00 PMI $246,500.00 85.00% 0.00% 7/8/2005 $246,005.52 84.82% Conventional w/o $0.00 PMI $445,500.00 90.00% 0.00% 7/8/2005 $445,254.11 89.95% Conventional w/o $0.00 PMI $30,200.00 100.00% 0.00% 7/8/2005 $30,133.94 99.95% Conventional w/o $120,800.00 PMI $78,200.00 85.00% 0.00% 7/8/2005 $78,097.85 84.88% Conventional w/o $0.00 PMI $63,750.00 85.00% 0.00% 7/8/2005 $63,613.47 84.81% Conventional w/o $0.00 PMI $168,000.00 80.00% 0.00% 7/8/2005 $167,712.71 79.86% Conventional w/o $0.00 PMI $180,000.00 90.00% 0.00% 7/8/2005 $179,709.82 89.85% Conventional w/o $0.00 PMI $229,500.00 85.00% 0.00% 7/8/2005 $229,121.92 84.85% Conventional w/o $0.00 PMI $630,000.00 90.00% 0.00% 7/8/2005 $628,401.63 89.77% Conventional w/o $0.00 PMI $106,250.00 85.00% 0.00% 7/8/2005 $106,206.85 84.96% Conventional w/o $0.00 PMI $50,400.00 80.00% 0.00% 7/8/2005 $50,338.40 79.90% Conventional w/o $0.00 PMI $84,000.00 80.00% 0.00% 7/8/2005 $83,960.18 79.96% Conventional w/o $0.00 PMI $78,625.00 85.00% 0.00% 7/8/2005 $78,550.54 84.91% Conventional w/o $0.00 PMI $544,000.00 80.00% 0.00% 7/8/2005 $543,536.19 79.93% Conventional w/o $0.00 PMI $360,000.00 80.00% 0.00% 7/8/2005 $359,264.12 79.83% Conventional w/o $0.00 PMI $232,500.00 75.00% 0.00% 7/8/2005 $232,331.60 74.94% Conventional w/o $0.00 PMI $133,200.00 90.00% 0.00% 7/8/2005 $133,200.00 90.00% Conventional w/ $0.00 PMI $300,000.00 75.00% 0.00% 7/8/2005 $299,667.58 74.91% Conventional w/o $0.00 PMI $190,000.00 78.84% 0.00% 7/8/2005 $189,819.71 78.76% Conventional w/o $0.00 PMI $279,840.00 80.00% 0.00% 7/8/2005 $279,414.83 79.87% Conventional w/o $0.00 PMI $69,960.00 100.00% 0.00% 7/8/2005 $69,917.47 99.98% Conventional w/o $279,840.00 PMI $105,000.00 70.00% 0.00% 7/8/2005 $104,954.53 69.96% Conventional w/o $0.00 PMI $65,200.00 69.36% 0.00% 7/8/2005 $65,129.96 69.28% Conventional w/o $0.00 PMI $91,920.00 80.00% 0.00% 7/8/2005 $91,757.73 79.85% Conventional w/o $0.00 PMI $141,950.00 85.00% 0.00% 7/8/2005 $141,768.33 84.89% Conventional w/o $0.00 PMI $84,000.00 80.00% 0.00% 7/8/2005 $83,889.16 79.89% Conventional w/o $0.00 PMI $238,500.00 90.00% 0.00% 7/8/2005 $238,194.33 89.88% Conventional w/ $0.00 PMI $107,950.00 85.00% 0.00% 7/8/2005 $107,795.57 84.87% Conventional w/ $0.00 PMI $96,600.00 71.56% 0.00% 7/8/2005 $96,168.77 71.23% Conventional w/o $0.00 PMI $165,000.00 58.51% 0.00% 7/8/2005 $164,778.04 58.43% Conventional w/o $0.00 PMI $208,000.00 80.00% 0.00% 7/8/2005 $207,792.93 79.92% Conventional w/o $0.00 PMI $76,500.00 85.00% 0.00% 7/8/2005 $76,427.69 84.91% Conventional w/o $0.00 PMI $304,000.00 95.00% 0.00% 7/8/2005 $302,996.90 94.68% Conventional w/o $0.00 PMI $29,400.00 100.00% 0.00% 7/8/2005 $29,150.81 99.83% Conventional w/o $117,600.00 PMI $161,000.00 77.03% 0.00% 7/8/2005 $160,681.68 76.88% Conventional w/o $0.00 PMI $392,625.00 75.00% 0.00% 7/8/2005 $391,833.82 74.84% Conventional w/o $0.00 PMI $79,100.00 70.00% 0.00% 7/8/2005 $79,056.33 69.96% Conventional w/o $0.00 PMI $108,750.00 75.00% 0.00% 7/8/2005 $108,654.40 74.93% Conventional w/o $0.00 PMI $238,000.00 85.00% 0.00% 7/8/2005 $237,434.05 84.79% Conventional w/o $0.00 PMI $104,800.00 80.00% 0.00% 7/8/2005 $104,642.13 79.87% Conventional w/o $0.00 PMI $200,000.00 80.00% 0.00% 7/8/2005 $199,791.82 79.91% Conventional w/o $0.00 PMI $54,600.00 39.00% 0.00% 7/8/2005 $54,541.97 38.95% Conventional w/o $0.00 PMI $198,400.00 80.00% 0.00% 7/8/2005 $198,086.42 79.87% Conventional w/o $0.00 PMI $138,550.00 85.00% 0.00% 7/8/2005 $138,356.07 84.88% Conventional w/ $0.00 PMI $50,000.00 80.00% 0.00% 7/8/2005 $49,972.82 79.95% Conventional w/o $0.00 PMI $62,250.00 75.00% 0.00% 7/8/2005 $62,205.39 74.94% Conventional w/o $0.00 PMI $52,000.00 65.00% 0.00% 7/8/2005 $51,841.23 64.80% Conventional w/o $0.00 PMI $94,000.00 73.44% 0.00% 7/8/2005 $93,888.02 73.35% Conventional w/o $0.00 PMI $84,000.00 80.00% 0.00% 7/8/2005 $83,897.23 79.90% Conventional w/o $0.00 PMI $54,400.00 80.00% 0.00% 7/8/2005 $54,367.38 79.95% Conventional w/o $0.00 PMI $50,000.00 80.00% 0.00% 7/8/2005 $49,922.52 79.87% Conventional w/o $0.00 PMI $129,000.00 76.33% 0.00% 7/8/2005 $128,795.98 76.21% Conventional w/o $0.00 PMI

~~RMG~~Modifications ~~Risk Management Group Forecasted Losses Report Date: 8/30/2005 4:42:28 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Lien State First Pmt Valuation Method Orig. Value~~ Loan ~~Number~~Beginning ~~Position FICO(Date) Last Paid Dt. Valuation Date~~ Current ~~Value~~Prior ~~Servicer~~Modified ~~Name~~Prior ~~Aging~~Modified ~~Originator Forecasted Losses Report (Continued) Date: 8/30/2005 4:42:28 PM Deal~~ Number: ~~SASCO~~Balance ~~2005-NC2~~Balance ~~Report~~Rate AsRate ~~of:~~Payment ~~7/30/2005~~Payment ~~Orig.~~No ~~Amount~~Modifications ~~OLTV~~this ~~BPO Var. % Boarding Date Status History Current Bal LTV Loan Type Sr/Jr Lien Bal Est. Loss Total Est. Loss: $0.00~~Period

~~RMG~~Substitutions ~~Risk~~Loans ~~Management~~Repurchased ~~Group~~Loans ~~Foreclosure~~Substituted ~~Report~~Loan ~~Date:~~Current ~~8/30/2005~~Current ~~4:35:06~~Current ~~PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Lien State First Pmt Valuation Method Orig. Value~~ Loan ~~Number~~Current ~~Position~~Current ~~FICO(Date) Last Paid Dt. Valuation Date~~ Current ~~Value~~Number ~~Servicer~~Balance ~~Name~~Rate ~~Aging/Delinquency~~Payment ~~Originator Foreclosure Report (Continued) Date: 8/30/2005 4:35:06 PM Deal~~ Number: ~~SASCO~~Balance ~~2005-NC2~~Rate ~~Report~~Payment AsNo ~~of:~~Substitutions ~~7/30/2005~~this ~~Orig. Amount OLTV BPO Var. % Boarding Date Status History Current Bal LTV Loan Type Sr/Jr Lien Bal~~Period

~~RMG~~Repurchases ~~Risk~~Loan ~~Management~~Current ~~Group GainsLosses Report Date: 8/30/2005 4:38:07 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Original UPB~~ Current ~~Value Total Waived PPP Loan Number~~ Current ~~UPB Sr/Jr Lien Bal Expenses Servicer Name Originator GainsLosses Report (Continued) Date: 8/30/2005 4:38:07 PM Deal~~ Number: ~~SASCO~~Balance ~~2005-NC2~~Rate ~~Report~~Payment AsNo ~~of:~~Repurchases ~~7/30/2005~~this ~~Disposition Insurance Forecasted Loss Actual Gain(Loss) Loss Severity Proceeds Proceeds~~Period

Ex 99.2

Contact Us: RMG T: 718-858-6050 Risk Management Group ~~Insurance~~E: ~~Claims~~info@rmgglobal.com ~~Settled~~W: www.rmgglobal.com Bankruptcy Report Date: 812/3015/2005 42:3531:3347 PM Deal Number: SASCO 2005-NC2 Report As of: 711/30/2005 Investor Ln Nbr ~~Original~~Chapter Current Value Confirmation Date Current UPB ~~Original~~Plan ~~Value~~Paid ~~Original~~to ~~LTV~~Date MIPost ~~Cert~~Petition Due Loan Number Filing Date Sr/Jr Lien Bal Prepetition Due Date Servicer Name Date Originator 1000268203 7 $139,000.00 #$20,393.97 MI20230231 ~~Cov~~10/25/2005 $111,200.00 %Chase ~~Loan~~1000279193 ~~Number~~13 ~~Current~~$128,000.00 ~~UPB~~$106,416.10 ~~Current~~20230256 ~~Value~~7/12/2005 ~~Current~~$0.00 ~~LTV~~Chase MI1000468407 ~~Company~~13 ~~Cov~~$90,000.00 ~~Type~~$59,850.72 ~~Servicer~~20231346 ~~Name~~7/12/2005 ~~Originator~~$0.00 ~~Insurance~~Chase ~~Claims~~1000647429 ~~Settled~~13 $152,000.00 $136,162.61 20234142 10/13/2005 $0.00 Chase 1000759272 7 $159,500.00 $150,072.54 20240214 9/29/2005 $0.00 Chase 1000782521 7 $385,000.00 $365,749.96 20242939 10/27/2005 $0.00 Chase 1000784351 7 $405,000.00 $228,562.73 20243150 10/5/2005 $0.00 Chase 1000790898 7 $133,000.00 $125,534.67 20244091 11/8/2005 $0.00 Chase 1000794652 13 $115,000.00 $91,447.17 20244844 10/10/2005 $0.00 Chase 1000799489 7 $120,000.00 $101,555.95 20245726 10/13/2005 $0.00 Chase 1000803697 7 $174,000.00 $151,930.50 20246286 11/2/2005 $0.00 Chase 1000825753 13 $120,000.00 $98,886.83 20249645 11/17/2005 $0.00 Chase 1000829321 7 $192,000.00 $143,538.59 20250239 10/12/2005 $0.00 Chase 1000835056 7 $118,900.00 $23,520.15 20251088 10/25/2005 $95,120.00 Chase 1000836377 0 $105,000.00 $89,074.53 20251278 7/12/2005 $0.00 Chase 1000840424 13 $178,000.00 $141,207.44 20251989 11/5/2005 $0.00 Chase 1000840433 7 $122,200.00 $109,514.96 20251997 10/28/2005 $0.00 Chase 1000840497 13 $178,000.00 $35,376.48 20252029 11/4/2005 $142,400.00 Chase 1000842734 7 $189,000.00 $160,449.59 20252433 10/13/2005 $0.00 Chase 1000847347 7 $162,000.00 $136,504.06 20253308 10/17/2005 $0.00 Chase 1000847588 7 $100,000.00 $79,415.95 20253324 10/27/2005 $0.00 Chase 1000848168 7 $100,000.00 $19,765.94 20253456 10/27/2005 $80,000.00 Chase 1000855621 13 $176,900.00 $141,091.17 20254413 9/20/2005 $0.00 Chase 1000857237 7 $92,000.00 $77,942.00 20254652 10/31/2005 $0.00 Chase 1000864568 7 $90,000.00 $80,554.00 20255535 10/25/2005 $0.00 Chase 1000869322 13 $340,000.00 $179,010.91 20256079 7/12/2005 $0.00 Chase 1000884537 7 $268,000.00 $240,161.37 20257721 10/18/2005 $0.00 Chase 1000884662 7 $350,000.00 $296,323.26 20257747 7/26/2005 $0.00 Chase 1000892181 7 $194,000.00 $173,278.86 20258927 10/26/2005 $0.00 Chase 1000897300 7 $160,000.00 $143,405.16 20259768 10/25/2005 $0.00 Chase 1000897792 7 $185,000.00 $165,916.55 20259842 10/21/2005 $0.00 Chase 1000900555 7 $87,000.00 $77,740.10 20260188 10/25/2005 $0.00 Chase 1000901947 13 $125,000.00 $98,324.35 20260311 10/26/2005 $0.00 Chase 1000904338 13 $92,500.00 $78,550.54 20260667 9/12/2005 $0.00 Chase 1000904846 7 $163,000.00 $130,400.00 20260766 10/21/2005 $0.00 Chase 1000913248 7 $240,000.00 $190,879.96 20261475 8/31/2005 $0.00 Chase 1000926902 7 $270,000.00 $215,145.66 20262705 11/3/2005 $0.00 Chase 1000929570 7 $407,000.00 $323,842.09 20262903 9/26/2005 $0.00 Chase 1000931255 7 $176,000.00 $139,052.79 20263182 9/23/2005 $0.00 Chase 1000935590 7 $328,000.00 $261,066.84 20263687 9/9/2005 $0.00 Chase 1000957717 7 $495,000.00 $395,963.93 20265559 10/11/2005 $0.00 Chase 1000960222 7 $168,000.00 $159,600.00 20265930 7/12/2005 $0.00 Chase 1000962872 7 $250,000.00 $198,992.09 20266334 11/8/2005 $0.00 Chase 1000965584 7 $700,000.00 $557,561.38 20266557 11/9/2005 $0.00 Chase 1000982592 7 $160,000.00 $143,239.86 20268041 10/11/2005 $0.00 Chase 1001006681 13 $222,000.00 $210,233.21 20270179 10/21/2005 $0.00 Chase 1001010907 7 $130,000.00 $103,269.33 20270369 10/25/2005 $0.00 Chase 1001075311 7 $98,000.00 $92,369.14 20273165 10/13/2005 $0.00 Chase 1001076659 7 $94,000.00 $93,555.89 20273181 9/26/2005 $0.00 Chase 1001079629 13 $119,500.00 $95,028.00 20273298 10/13/2005 $0.00 Chase 1001136381 13 $101,000.00 $90,430.56 20274304 7/12/2005 $0.00 Chase 1973042 7 $131,000.00 $25,901.86 20275293 10/28/2005 $104,800.00 Chase 1984062 7 $515,000.00 $408,814.99 20275566 11/3/2005 $0.00 Chase 2004316 7 $71,000.00 $53,057.96 20275889 10/12/2005 $0.00 Chase 2022550 13 $171,500.00 $128,451.03 20276341 7/12/2005 $0.00 Chase 2031714 7 $185,000.00 $143,946.42 20277646 10/21/2005 $0.00 Chase 2042995 13 $115,000.00 $97,454.15 20279634 7/27/2005 $0.00 Chase 2044857 7 $459,000.00 $409,584.09 20280095 10/28/2005 $0.00 Chase 2048757 7 $152,000.00 $118,568.47 20281010 10/27/2005 $0.00 Chase 2049518 7 $63,000.00 $50,216.32 20281317 9/8/2005 $0.00 Chase 2052518 7 $72,000.00 $61,037.45 20282034 10/28/2005 $0.00 Chase Bankruptcy Report (Continued) Date: 812/3015/2005 42:3531:3347 PM Deal Number: SASCO 2005-NC2 Report As of: 11/30/2005 Investor Ln Nbr End Date Amount Last Paid Last Payment Date Loan Number Dismissal Date Servicer Name Originator 1000268203 $292.65 11/16/2005 20230231 Chase 1000279193 $996.26 10/31/2005 20230256 Chase 1000468407 $426.44 20231346 Chase 1000647429 $834.00 10/31/2005 20234142 Chase 1000759272 $1,204.63 11/30/2005 20240214 Chase 1000782521 $2,130.49 11/8/2005 20242939 Chase 1000784351 $1,266.62 10/3/2005 20243150 Chase 1000790898 $909.56 11/7/2005 20244091 Chase 1000794652 $646.43 11/7/2005 20244844 Chase 1000799489 $831.75 11/17/2005 20245726 Chase 1000803697 $1,420.73 11/15/2005 20246286 Chase 1000825753 $725.17 8/8/2005 20249645 Chase 1000829321 $1,100.46 9/12/2005 20250239 Chase 1000835056 $243.84 11/28/2005 20251088 Chase 1000836377 $604.96 7/20/2005 20251278 Chase 1000840424 $788.41 10/14/2005 20251989 Chase 1000840433 $629.71 9/8/2005 20251997 Chase 1000840497 $309.54 8/15/2005 20252029 Chase 1000842734 $1,119.80 20252433 Chase 1000847347 $902.30 11/21/2005 HZ20253308 ~~Claim~~Chase Dt1000847588 HZ$582.70 ~~Claim~~11/29/2005 HZ20253324 ~~Claim~~Chase ~~Settled~~1000848168 HZ$215.19 ~~Amt~~11/29/2005 ~~Paid~~20253456 ~~Claim~~Chase ~~Close~~1000855621 MI$699.58 ~~Claim~~8/31/2005 Dt20254413 ~~Amount~~Chase MI1000857237 ~~Claim~~$582.01 ~~Settled~~11/21/2005 MI20254652 ~~Amt~~Chase ~~Paid~~1000864568 ~~Method~~$650.84 MI11/26/2005 ~~Claim~~20255535 ~~Amount~~Chase 1000869322 $1,193.41 10/24/2005 20256079 Chase 1000884537 $1,975.56 11/7/2005 20257721 Chase 1000884662 $2,588.82 11/18/2005 20257747 Chase 1000892181 $1,160.45 11/30/2005 20258927 Chase 1000897300 $1,200.34 11/15/2005 20259768 Chase 1000897792 $1,085.37 9/26/2005 20259842 Chase 1000900555 $600.31 11/30/2005 20260188 Chase 1000901947 $652.02 11/30/2005 20260311 Chase 1000904338 $634.95 20260667 Chase 1000904846 $717.20 10/7/2005 20260766 Chase 1000913248 $1,368.89 11/10/2005 20261475 Chase 1000926902 $1,089.17 7/29/2005 20262705 Chase 1000929570 $1,997.03 10/27/2005 20262903 Chase 1000931255 $822.73 10/28/2005 20263182 Chase 1000935590 $1,675.18 10/3/2005 20263687 Chase 1000957717 $2,062.31 9/21/2005 20265559 Chase 1000960222 $950.95 20265930 Chase 1000962872 $1,152.50 9/30/2005 20266334 Chase 1000965584 $2,637.62 8/22/2005 20266557 Chase 1000982592 $1,076.77 11/28/2005 20268041 Chase 1001006681 $1,621.64 11/18/2005 20270179 Chase 1001010907 $674.55 11/7/2005 20270369 Chase 1001075311 $606.95 11/28/2005 20273165 Chase 1001076659 $741.18 11/29/2005 20273181 Chase 1001079629 $628.03 11/21/2005 20273298 Chase 1001136381 $643.39 11/8/2005 20274304 Chase 1973042 $236.35 9/29/2005 20275293 Chase 1984062 $2,129.24 9/30/2005 20275566 Chase 2004316 $469.28 11/7/2005 20275889 Chase 2022550 $1,065.07 9/6/2005 20276341 Chase 2031714 $923.67 11/9/2005 20277646 Chase 2042995 $605.03 10/24/2005 20279634 Chase 2044857 $2,804.08 11/14/2005 20280095 Chase 2048757 $1,509.10 11/29/2005 20281010 Chase 2049518 $442.30 11/7/2005 20281317 Chase 2052518 $467.95 10/11/2005 20282034 Chase

Contact Us: RMG T: 718-858-6050 Risk Management Group ~~Insurance~~E: ~~Pending~~info@rmgglobal.com ~~Claims~~W: www.rmgglobal.com Default Summary Dashboard (OTS) Date: 812/3015/2005 42:3531:5349 PM Deal Number: SASCO 2005-NC2 Report As of: 711/30/2005 ~~Investor~~Delinquencies LnPer ~~Nbr~~Servicer ~~Original~~CURRENT 30 60 90+ Total Count UPB ~~Original~~Count ~~Value~~UPB ~~Original~~Count ~~LTV~~UPB ~~Loan~~Count ~~Number~~UPB ~~Current~~Count UPB ~~Current~~Delinquent ~~Value~~N/A ~~Current~~N/A ~~LTV~~104 ~~Servicer~~$19,011,390.19 ~~Name~~49 ~~Originator~~$7,107,099.49 ~~Insurance~~18 ~~Pending~~$2,151,961.80 ~~Claims~~171 ~~(Continued)~~$28,270,451.48 ~~Date:~~Foreclosure 0 $0.00 0 $0.00 8 $1,211,163.87 47 $7,558,345.67 55 $8,769,509.54 Bankruptcy 34 $4,742,937.19 8 $1,793,241.03 9 $1,460,160.74 10 $1,228,554.22 61 $9,224,893.18 REO N/30A N/~~2005~~A 0 $0.00 0 $0.00 12 $2,146,139.08 12 $2,146,139.08 FB(Contractual) 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 Total 34 $4~~:35:53~~,742,937.19 PM112 ~~Deal~~$20,804,631.22 ~~Number:~~66 ~~SASCO~~$9,778,424.10 ~~2005-NC2~~87 $13,085,000.77 299 $48,410,993.28 Trustee Per Servicer CURRENT 30 60 90+ Total Count UPB Count UPB Count UPB Count UPB Count UPB Delinquent Foreclosure Bankruptcy REO FB(Contractual) Total 0 $0.00 Trustee Report AsForeclosure Top 5 States State Count UPB % of: Total UPB Average Days In Foreclosure State Average CA 7~~/30/2005~~ MI$2,031,529.40 ~~Cert~~0.25% #41.4 MI117 ~~Cov~~FL 7 $925,513.77 0.11% HZ39.1 ~~Claim~~135 DtOH HZ5 ~~Claim~~$348,102.12 ~~Amount~~0.04% 51.0 217 MI ~~Company~~5 ~~Cov~~$647,986.35 ~~Type~~0.08% MI40.2 ~~Claim~~240 DtIN MI4 ~~Claim~~$305,012.64 ~~Amount~~0.03% 49.0 276

RMG Risk Management Group Loan Prepayment Summary Date: 8/30/2005 4:37:43 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Date of Prepayment APF Flag (Y/N) Prepayment Premium Due Loan Number Servicer Name Originator 1000368346 7/20/2005 N $0.00 20230710 Chase 1000470840 7/21/2005 N $0.00 20231361 Chase 1000476586 7/26/2005 N $0.00 20231452 Chase 1000599935 7/21/2005 N $0.00 20233219 Chase 1000626353 7/29/2005 N $0.00 20233581 Chase 1000648106 7/21/2005 N $0.00 20234167 Chase 1000652225 7/18/2005 N $0.00 20234399 Chase 1000655080 7/21/2005 N $0.00 20234563 Chase 1000694190 7/22/2005 N $0.00 20236261 Chase 1000712946 7/1/2005 Y $0.00 20236816 Chase 1000729233 7/25/2005 N $0.00 20237236 Chase 1000729368 7/21/2005 N $0.00 20237251 Chase 1000739936 7/21/2005 N $0.00 20237889 Chase 1000746189 7/18/2005 N $0.00 20238564 Chase 1000750789 7/21/2005 N $0.00 20239091 Chase 1000750921 7/19/2005 N $0.00 20239117 Chase 1000756131 7/28/2005 N $0.00 20239836 Chase 1000758148 7/21/2005 N $0.00 20240065 Chase 1000770918 7/21/2005 N $0.00 20241089 Chase 1000779508 7/21/2005 N $0.00 20242574 Chase 1000782442 7/27/2005 N $0.00 20242913 Chase 1000783236 7/1/2005 Y $0.00 20243010 Chase 1000784850 7/20/2005 N $0.00 20243259 Chase 1000788419 7/21/2005 N $0.00 20243655 Chase 1000788936 7/27/2005 N $0.00 20243689 Chase 1000796106 7/22/2005 N $0.00 20245114 Chase 1000797579 7/25/2005 N $0.00 20245395 Chase 1000797828 7/12/2005 N $0.00 20245445 Chase 1000798195 7/28/2005 N $0.00 20245510 Chase 1000801047 7/29/2005 N $0.00 20245940 Chase 1000802457 7/28/2005 N $0.00 20246112 Chase 1000804302 7/19/2005 N $0.00 20246385 Chase 1000806382 7/29/2005 N $0.00 20246658 Chase 1000815014 7/27/2005 N $0.00 20247870 Chase 1000823416 7/28/2005 N $0.00 20249264 Chase 1000824692 7/29/2005 N $0.00 20249413 Chase 1000826850 7/28/2005 N $0.00 20249884 Chase 1000829624 7/1/2005 Y $0.00 20250288 Chase 1000832978 7/1/2005 Y $0.00 20250791 Chase 1000835458 7/27/2005 N $0.00 20251138 Chase 1000836340 7/22/2005 N $0.00 20251260 Chase 1000840095 7/12/2005 N $0.00 20251872 Chase 1000840736 7/26/2005 N $0.00 20252052 Chase 1000843804 7/21/2005 N $0.00 20252649 Chase 1000844180 7/26/2005 N $0.00 20252680 Chase 1000844876 7/27/2005 N $0.00 20252847 Chase 1000845072 7/29/2005 N $0.00 20252896 Chase 1000847962 7/21/2005 N $0.00 20253399 Chase 1000857950 7/20/2005 N $0.00 20254694 Chase 1000860679 7/29/2005 N $0.00 20254967 Chase 1000889747 7/27/2005 N $0.00 20258463 Chase 1000904123 7/15/2005 N $0.00 20260642 Chase 1000909100 7/25/2005 N $0.00 20261095 Chase 1000913809 7/27/2005 N $0.00 20261541 Chase 1000916110 7/27/2005 N $0.00 20261681 Chase 1000920935 7/27/2005 N $0.00 20262143 Chase 1000921435 7/14/2005 N $0.00 20262176 Chase 1000929909 7/26/2005 N $0.00 20262978 Chase 1000954015 7/21/2005 N $0.00 20265187 Chase 1000956264 7/29/2005 N $0.00 20265393 Chase 1000974379 7/26/2005 N $0.00 20267258 Chase 1000978008 7/26/2005 N $0.00 20267639 Chase 1000985330 7/22/2005 N $0.00 20268405 Chase 1000985740 7/18/2005 N $0.00 20268462 Chase 1000986071 7/18/2005 N $0.00 20268546 Chase 1000990413 7/25/2005 N $0.00 20269072 Chase 1000992947 7/19/2005 N $0.00 20269239 Chase 1001018151 7/26/2005 N $0.00 20270765 Chase 1001021520 7/15/2005 N $0.00 20271151 Chase 1001040572 7/26/2005 N $0.00 20272092 Chase 1001066857 7/28/2005 N $0.00 20273033 Chase 1001080207 7/22/2005 N $0.00 20273314 Chase 1995498 7/20/2005 N $0.00 20275764 Chase 2032248 7/28/2005 N $0.00 20277711 Chase 2042835 7/22/2005 N $0.00 20279600 Chase 2047696 7/19/2005 N $0.00 20280723 Chase 2049769 7/19/2005 N $0.00 20281341 Chase 2051287 7/22/2005 N $0.00 20281770 Chase 2051598 7/27/2005 N $0.00 20281853 Chase 2058177 7/28/2005 N $0.00 20282927 Chase Loan Prepayment Summary (Continued) Date: 8/30/2005 4:37:43 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Prepayment Premium Prepayment Amount Total Prepayment Received on APF Loan $1,078.22 $25,835.71 $26,913.93 $0.00 $230,631.75 $230,631.75 $4,659.61 $159,429.15 $164,088.76 $6,709.56 $167,925.52 $174,635.08 $1,801.08 $180,107.55 $181,908.63 $3,828.35 $138,766.53 $142,594.88 $5,064.73 $190,572.73 $195,637.46 $3,652.46 $182,623.13 $186,275.59 $0.00 $85,476.22 $85,476.22 $2,084.28 $148,311.53 $150,395.81 $0.00 $287,478.36 $287,478.36 $3,943.46 $116,037.21 $119,980.67 $1,478.15 $194,472.20 $195,950.35 $0.00 $264,189.97 $264,189.97 $10,214.12 $239,814.50 $250,028.62 $0.00 $199,361.99 $199,361.99 $4,123.05 $135,701.31 $139,824.36 $8,286.07 $269,222.55 $277,508.62 $5,601.19 $179,620.23 $185,221.42 $7,605.00 $304,200.00 $311,805.00 $0.00 $254,589.56 $254,589.56 $4,395.37 $548,765.69 $553,161.06 $5,066.22 $239,178.17 $244,244.39 $5,670.02 $192,986.27 $198,656.29 $3,858.63 $114,912.03 $118,770.66 $0.00 $171,746.85 $171,746.85 $7,511.02 $247,258.40 $254,769.42 $0.00 $586,746.91 $586,746.91 $8,931.34 $249,582.94 $258,514.28 $4,697.28 $186,400.00 $191,097.28 $16,818.26 $534,380.38 $551,198.64 $4,574.65 $145,791.49 $150,366.14 $3,940.14 $164,338.01 $168,278.15 $7,517.81 $259,387.84 $266,905.65 $0.00 $274,358.47 $274,358.47 $0.00 $314,732.56 $314,732.56 $9,162.60 $282,937.04 $292,099.64 $2,227.85 $256,550.24 $258,778.09 $9,057.41 $380,164.41 $389,221.82 $7,852.00 $259,999.64 $267,851.64 $11,273.13 $451,140.02 $462,413.15 $7,257.60 $288,000.00 $295,257.60 $12,069.10 $434,412.16 $446,481.26 $1,203.59 $31,224.82 $32,428.41 $5,530.15 $221,364.75 $226,894.90 $4,188.24 $139,686.32 $143,874.56 $0.00 $266,264.11 $266,264.11 $5,092.25 $149,817.60 $154,909.85 $11,395.00 $430,000.00 $441,395.00 $0.00 $24,878.98 $24,878.98 $13,863.98 $394,090.37 $407,954.35 $0.00 $463,468.40 $463,468.40 $10,788.96 $0.00 $10,788.96 $1,747.60 $87,379.77 $89,127.37 $4,898.56 $148,512.97 $153,411.53 $10,434.63 $336,780.74 $347,215.37 $0.00 $307,723.30 $307,723.30 $2,903.99 $107,634.18 $110,538.17 $738.94 $73,893.97 $74,632.91 $1,816.14 $54,894.58 $56,710.72 $539.03 $53,903.24 $54,442.27 $3,752.97 $309,523.12 $313,276.09 $5,829.82 $195,705.23 $201,535.05 $8,236.47 $305,253.02 $313,489.49 $3,254.67 $76,422.90 $79,677.57 $0.00 $156,000.00 $156,000.00 $0.00 $335,352.79 $335,352.79 $11,837.44 $408,250.12 $420,087.56 $5,060.43 $211,362.46 $216,422.89 $1,173.60 $146,402.70 $147,576.30 $7,264.27 $273,274.27 $280,538.54 $4,327.80 $155,740.97 $160,068.77 $0.00 $78,987.82 $78,987.82 $3,305.75 $89,395.57 $92,701.32 $0.00 $239,258.82 $239,258.82 $0.00 $132,226.11 $132,226.11 $0.00 $175,719.06 $175,719.06 $2,490.09 $99,682.75 $102,172.84 $4,558.78 $173,999.50 $178,558.28 $11,951.44 $398,604.95 $410,556.39

Contact Us: RMG T: 718-858-6050 Risk Management Group ~~Loan~~E: ~~Statistics~~info@rmgglobal.com ~~Dashboard~~W: ~~(OTS)~~www.rmgglobal.com Forbearance Report Date: 812/3015/2005 42:32:4504 PM Deal Number: SASCO 2005-NC2 Report As of: 711/30/2005 ~~Summary~~Investor ~~Description~~Ln ~~Count~~Nbr ~~UPB~~Loan %Number ofFB ~~Total~~DATE ~~UPB~~ Current ~~5027~~PI ~~$900,199,723~~Amt.23 ~~98.10%~~FB ~~Delinq~~Payment ~~113~~Payment ~~$17,418,141.15~~Amount ~~1.89%~~Arrears ~~Total~~Next ~~5140~~Payment ~~$917,617,864.38~~Last ~~Average~~Paid ~~UPB~~Date ~~$178,524.88~~Servicer ~~WAM(Months)~~Name ~~351~~Amount ~~WACLTV~~Difference ~~79.58%~~Contractual ~~WAC~~Due ~~7.20%~~Date Del Trigger Target Actual n/a Loan with Pre. 5140 $917,617,864.38 100.00% Penalties Loss Severity 0.00% Pymt Velocity Rate Type Stratification Description Count UPB % of Total UPB ARM 3669 $749,366,421.65 81.66% Fixed Rate 1471 $168,251,442.73 18.33% Top 5 States State Count UPB % of Total UPB CA 1275 $344,717,350.94 37.56% FL 610 $88,283,425.49 9.62% TX 370 $36,260,597.19 3.95% AZ 185 $23,156,504.52 2.52% NY 173 $47,145,538.87 5.13% LTV Stratification Range Count UPB % of Total UPB < 65% 519 $89,518,591.43 9.75% 65% - < 75% 713 $133,755,520.87 14.57% 75% - < 85% 2196 $431,465,066.22 47.02% 85% - < 95% 1110 $230,992,400.43 25.17% 95% - < 100% 602 $31,886,285.43 3.47% > 100% 0 $0.00 0.00% FICO Stratification Range Count UPB % of Total UPB N/A 5140 $917,617,864.38 100.00% 300 - < 400 0 $0.00 0.00% 400 - < 500 0 $0.00 0.00% 500 - < 600 0 $0.00 0.00% 600 - < 700 0 $0.00 0.00% 700 - < 850 0 $0.00 0.00% UPB Stratification Range Count UPB % of Total UPB 0 - < $25K 129 $2,883,684.57 0.31% $25K - < $75K 835 $43,701,116.40 4.76% $75K - < $150K 1741 $192,448,207.66 20.97% $150K - < $200K 694 $120,546,354.40 13.13% > $200K 1741 $558,038,501.35 60.81% Interest Rate Stratification Range Count UPB % of Total UPB 0% - < 5% 16 $4,712,159.88 0.51% 5% - < 10% 4681 $887,785,755.20 96.74% 10% - < 15% 443 $25,119,949.30 2.73% Lien Position Stratification Position Count UPB % of Total UPB 1 4590 $893,734,121.30 97.39% 2 550 $23,883,743.08 2.60% Variable Rate Loans by Index Index Count UPB % of Total UPB 6 Month Libor 3669 $749,366,421.65 81.66% Losses Prior Losses $0.00 Current Month L $0.00 G $0.00 Total Losses $0.00 Cum. Loss Trig Target Actual n/a %Originator

Contact Us: RMG T: 718-858-6050 Risk Management Group ~~Red~~E: ~~Flag~~info@rmgglobal.com ~~Dashboard~~W: www.rmgglobal.com Forecasted Losses Report Date: 12/15/2005 2:33:00 PM Deal Number: SASCO 2005-NC2 Report As of: 11/30/2005 Investor Ln Nbr Lien State First Pmt Valuation Method Loan Number Position FICO(~~OTS~~Date) Last Paid Dt. Valuation Date Servicer Name Aging Originator 1873110 1 GA 1/1/2005 11/14/2005 20274635 REO(28/N/A) 523() Chase 1000724327 2 NY 4/1/2005 20237178 FC(16/120) 620() 7/27/2005 10/18/2005 Chase 1000939355 1 TN 4/1/2005 11/4/2005 20264065 REO(30/N/A) 639() Chase 1001055716 1 NC 4/1/2005 20272746 REO(1/N/A) 488() 7/31/2005 8/6/2005 Chase 1000980317 2 NY 4/1/2005 8/29/2005 20267787 FC(78/180) 459() Chase 1000848444 1 NY 4/1/2005 10/26/2005 20253506 FC(78/210) 576() Chase 2022339 1 GA 3/1/2005 11/8/2005 20276283 REO(28/N/A) 531() Chase 1000812464 1 TX 4/1/2005 9/21/2005 20247474 REO(28/N/A) 436() Chase 1000999628 1 IN 4/1/2005 20269833 FC(17/120) 505() 7/11/2005 10/19/2005 Chase 1000840246 1 OH 4/1/2005 9/26/2005 20251906 FC(81/180) 499() Chase 1000888551 1 MO 4/1/2005 11/15/2005 20258299 REO(24/N/A) 472() Chase 1000825183 1 MI 4/1/2005 9/21/2005 20249546 REO(48/N/A) 541() Chase 1000845553 1 RI 4/1/2005 20252961 FC(10/90) 10/3/2005 11/17/2005 Chase 1000864764 1 GA 4/1/2005 20255568 FC(22/120) 536() 8/15/2005 11/23/2005 Chase 1000988658 1 IN 4/1/2005 20268900 FC(50/150) 459() 7/25/2005 9/19/2005 Chase 2011692 1 ID 4/1/2005 20276044 FC(22/120) 519() 10/17/2005 7/18/2005 Chase 2049807 1 MO 4/1/2005 10/6/2005 20281374 REO(47/N/A) 578() Chase 1000778144 1 IN 3/1/2005 20242335 FC(50/150) 489() 7/31/2005 9/16/2005 Chase 1000862178 1 WA 4/1/2005 20255196 FC(65/210) 568() 7/29/2005 7/17/2005 Chase 1000665499 2 AZ 3/1/2005 20235115 FC(20/120) 497() 7/29/2005 10/18/2005 Chase 1000845410 1 OR 3/1/2005 20252938 FC(43/120) 579() 8/31/2005 8/17/2005 Chase 2028861 1 TX 4/1/2005 11/8/2005 20277232 REO(28/N/A) 464() Chase 1000847757 1 MA 4/1/2005 9/19/2005 20253340 FC(50/150) 477() Chase 1000780364 1 MI 4/1/2005 20242699 FC(15/210) 523() 9/29/2005 10/28/2005 Chase Summary: 12/1/2005 8:56:51 AM RICHIE Referred to FC 11-16-05 10/28/2005 10:37:03 AM RICHIE Default letter sent 08-30-05. Loss Mitigation working with borrower. 1000994847 1 MI 4/1/2005 20269379 FC(50/150) 473() 7/22/2005 9/21/2005 Chase 1000985287 1 OH 4/1/2005 20268397 FC(71/150) 536() 8/11/2005 10/29/2005 Chase 2018785 1 TX 4/1/2005 8/15/2005 20276127 REO(27/N/A) 508() Chase 1000778402 1 IN 4/1/2005 7/16/2005 20242418 FC(79/210) 472() Chase 1001013664 1 VA 4/1/2005 20270559 FC(9/90) 552() 9/29/2005 Chase 1000801582 1 MI 4/1/2005 9/16/2005 20246039 FC(50/150) 485() Chase 1000825842 1 OH 4/1/2005 7/18/2005 20249660 FC(79/210) 490() Chase 2024967 1 CO 4/1/2005 20276663 FC(3/90) 514() 9/16/2005 Chase 1000859217 1 OH 3/1/2005 20254819 FC(14/90) 502() 9/30/2005 Chase 1000817897 1 WA 3/1/2005 20248373 FC(50/150) 488() 7/18/2005 10/15/2005 Chase 1000940325 1 CA 4/1/2005 20264099 FC(43/180) 505() 8/31/2005 9/1/2005 Chase Summary: 10/28/2005 10:38:40 AM RICHIE referred to foreclosure 10-18-05 1000813515 1 NE 3/1/2005 20247631 FC(78/180) 525() 7/14/2005 8/15/2005 Chase 1000953034 1 WA 4/1/2005 20265070 FC(13/90) 652() 9/16/2005 11/15/2005 Chase 1000905006 1 CA 4/1/2005 9/20/2005 20260782 FC(79/210) 418() Chase Forecasted Losses Report (Continued) Date: 12/15/2005 2:33:5900 PM Deal Number: SASCO 2005-NC2 Report As of: 711/30/2005 ~~Loans~~Investor ~~Delinquent>=~~Ln Nbr Orig. Value Orig. Amount OLTV BPO Var. % Boarding Date Status History Loan Number Current Value Current Bal LTV Loan Type Sr/Jr Lien Bal Est. Loss Servicer Name Originator 1873110 $320,000.00 $304,000.00 95.00% -48.15% 7/8/2005 20274635 $165,900.00 $302,996.90 ~~Days~~182.63% Conventional w/o $0.00 ($173,716.73) Chase PMI 1000724327 $490,000.00 $98,000.00 100.00% 8.16% 7/8/2005 20237178 $530,000.00 $97,855.18 92.42% Conventional w/o BK$392,000.00 FC($108,524.10) FBChase PMI 1000939355 $241,000.00 $190,000.00 78.84% -52.69% 7/8/2005 20264065 $114,000.00 $189,819.71 166.50% Conventional w/o $0.00 ($102,982.77) ~~Count~~Chase ~~UPB~~PMI 11001055716 $97340,~~676~~000.7200 In$323,000.00 ~~Foreclosure~~95.00% >=-16.17% ~~180~~7/8/2005 ~~Days~~20272746 ~~Count~~$285,000.00 ~~UPB~~$322,283.52 113.08% Conventional w/o $0.00 In($93,954.85) ~~Bankruptcy~~Chase >=PMI 601000980317 ~~Days~~$349,800.00 ~~Count~~$69,960.00 ~~UPB~~100.00% 2.91% 7/8/2005 20267787 $360,000.00 $69,917.47 97.15% Conventional w/o $279,840.00 ($90,740.13) Chase PMI 1000848444 $495,000.00 $445,500.00 90.00% 0.00% ~~REO~~7/8/2005 >=20253506 ~~180~~$495,000.00 ~~Days~~$445,254.11 ~~Count~~89.95% ~~UPB~~Conventional w/o $0.00 ~~Loans~~($89,105.27) ~~with~~Chase ~~LTV~~PMI >=2022339 $280,000.00 $238,000.00 85.00% ~~and~~-21.42% ~~Delinquent~~7/8/2005 >=20276283 60$220,000.00 ~~Days~~$237,434.05 107.92% Conventional w/o $0.00 (~~Excluded~~$65,995.61) BKChase PMI 1000812464 $449,000.00 FC$359,200.00 FB80.00% -13.14% 7/8/2005 20247474 $390,000.00 ~~REO~~$358,862.44 92.01% Conventional w/o $0.00 ($55,916.52) ~~Count~~Chase ~~UPB~~PMI 61000999628 $~~953~~124,~~268~~000.1400 ~~Loans~~$99,200.00 ~~with~~80.00% ~~UPB~~-41.93% ~~greater~~7/8/2005 ~~than~~20269833 or$72,000.00 ~~equal~~$98,948.19 to137.42% Conventional w/o $~~50K~~0.00 ~~and~~($43,417.43) ~~Delinquent~~Chase ~~less~~PMI ~~than~~1000840246 or$90,000.00 ~~equal~~$81,000.00 to90.00% 30-44.44% ~~Days~~7/8/2005 20251906 $50,000.00 $80,884.60 161.76% Conventional w/o $0.00 (~~Excluded~~$39,828.35) BKChase PMI 1000888551 $125,000.00 FC$106,250.00 FB85.00% -24.00% 7/8/2005 20258299 $95,000.00 ~~REO~~$106,206.85 111.79% Conventional w/o $0.00 ($34,800.58) ~~Count~~Chase ~~UPB~~PMI 61000825183 $~~207~~138,~~637~~000.6000 ~~Loans~~$124,200.00 in90.00% ~~Foreclosure~~-16.66% >=7/8/2005 6020249546 ~~Days~~$115,000.00 ~~beyond~~$124,096.16 ~~state~~107.90% ~~average~~Conventional ~~Count~~w/o ~~UPB~~$0.00 ($32,889.73) Chase PMI 1000845553 $275,000.00 $247,500.00 90.00% -7.27% 7/8/2005 20252961 $255,000.00 $246,522.87 96.67% Conventional w/ $0.00 MI($32,322.87) ~~Claims~~Chase ~~open~~PMI >=1000864764 60$284,000.00 ~~Days~~$227,200.00 ~~Number~~80.00% of-11.97% ~~Loans~~7/8/2005 ~~Total~~20255568 ~~Claim~~$250,000.00 ~~Amount~~$226,387.57 ~~Avg~~90.55% ~~Claim~~Conventional ~~Avg~~w/o $0.00 ~~Aging~~($31,571.16) Chase PMI 1000988658 $93,000.00 $83,700.00 90.00% -25.80% 7/8/2005 20268900 $69,000.00 $83,560.99 121.10% Conventional w/o $0.00 ~~REO~~($30,344.01) ~~Not~~Chase onPMI ~~Market~~2011692 ~~and~~$98,000.00 in$88,200.00 ~~Inventory~~90.00% >=-19.38% 607/8/2005 ~~Days~~20276044 ~~Number~~$79,000.00 of$87,927.70 ~~Loans~~111.30% ~~Total~~Conventional ~~UPB~~w/o ~~Avg~~$0.00 ~~Days~~($29,220.65) inChase ~~Inventory~~PMI 2049807 $68,000.00 $54,400.00 80.00% -33.82% 7/8/2005 20281374 $45,000.00 $54,367.38 120.81% Conventional w/o $0.00 ~~REO~~($20,543.36) onChase ~~Market~~PMI ~~and~~1000778144 in$56,000.00 ~~Inventory~~$50,400.00 >=90.00% -30.35% 7/8/2005 20242335 $39,000.00 $50,283.93 128.93% Conventional w/o $0.00 ($20,204.77) Chase PMI 1000862178 $275,000.00 $233,750.00 85.00% -10.90% 7/8/2005 20255196 $245,000.00 $233,469.13 95.29% Conventional w/o $0.00 ($19,761.60) ~~Days~~Chase ~~Number~~PMI of1000665499 ~~Loans~~$118,000.00 ~~Total~~$23,600.00 ~~UPB~~100.00% ~~Avg~~21.18% ~~Days~~7/8/2005 in20235115 ~~Inventory~~$143,000.00 $23,440.97 82.40% Conventional w/o $94,400.00 ($19,322.10) Chase PMI 1000845410 $290,000.00 $246,500.00 85.00% -13.96% 7/8/2005 20252938 $249,500.00 $245,670.32 98.46% Conventional w/o $0.00 ~~REO~~($19,271.35) ~~Prop~~Chase inPMI ~~Eviction~~2028861 >=$62,500.00 60$50,000.00 ~~Days~~80.00% ~~Number~~-28.32% of7/8/2005 ~~Loans~~20277232 ~~Total~~$44,800.00 ~~UPB~~$49,972.82 ~~Avg~~111.54% ~~Days~~Conventional inw/o ~~Eviction~~$0.00 ($19,204.88) Chase PMI 1000847757 $280,000.00 $238,000.00 85.00% -7.14% 7/8/2005 20253340 $260,000.00 $237,497.85 91.34% Conventional w/ $0.00 ~~BPO~~($19,097.85) ~~Reconciliation~~Chase ~~Variance~~PMI ~~Number~~1000780364 of$360,000.00 ~~Loans~~$306,000.00 ~~Total~~85.00% ~~UPB~~0.69% 107/8/2005 20242699 $362,500.00 $305,775.16 84.35% Conventional w/o $0.00 ($18,276.63) Chase PMI 1000994847 $153,500.00 $130,475.00 85.00% -6.18% 157/8/2005 20269379 $144,000.00 $130,237.39 90.44% Conventional w/o $0.00 ($16,031.08) Chase PMI 1000985287 $94,000.00 $65,200.00 69.36% -36.17% 7/8/2005 20268397 $60,000.00 $65,094.54 108.49% Conventional w/o $0.00 ($15,827.04) Chase PMI 2018785 $145,000.00 $108,750.00 75.00% -12.06% 207/8/2005 20276127 $127,500.00 $108,654.40 85.21% 20Conventional w/o $0.00 ($9,614.39) Chase PMI 1000778402 $85,000.00 $72,250.00 85.00% 0.00% 7/8/2005 20242418 $85,000.00 $72,219.53 84.96% Conventional w/o $0.00 ($6,662.39) Chase PMI 1001013664 $127,000.00 $107,950.00 85.00% 0.00% 7/8/2005 20270559 $127,000.00 $107,560.18 84.69% Conventional w/ $0.00 ($6,381.35) Chase PMI 1000801582 $81,000.00 $72,900.00 90.00% 4.93% 7/8/2005 20246039 $85,000.00 $72,780.87 85.62% Conventional w/o $0.00 ($5,367.42) Chase PMI 1000825842 $93,500.00 $84,150.00 90.00% 5.88% 7/8/2005 20249660 $99,000.00 $84,100.57 84.95% Conventional w/o $0.00 ($2,809.19) Chase PMI 2024967 $140,000.00 $119,000.00 85.00% 0.00% 7/8/2005 20276663 $140,000.00 $118,534.81 84.66% Conventional w/o $0.00 ($2,778.61) Chase PMI 1000859217 $75,000.00 $63,750.00 85.00% 0.00% 7/8/2005 20254819 $75,000.00 $63,497.34 84.66% Conventional w/o $0.00 ($1,912.96) Chase PMI 1000817897 $304,000.00 $243,200.00 80.00% -7.89% 257/8/2005 20248373 $280,000.00 $242,601.04 86.64% Conventional w/o $0.00 $1,636.14 Chase PMI 1000940325 $400,000.00 $380,000.00 95.00% 6.25% -7/8/2005 3020264099 $425,000.00 $379,582.42 89.31% >Conventional 30w/o $0.00 $2,703.26 Chase PMI 1000813515 $112,000.00 $100,800.00 90.00% 0.00% 7/8/2005 20247631 $112,000.00 $100,627.44 89.84% Conventional w/o $0.00 $3,125.29 Chase PMI 1000953034 $375,000.00 $337,500.00 90.00% 5.83% 7/8/2005 20265070 $396,868.00 $337,499.19 85.04% IO $0.00 $8,679.09 Chase 1000905006 $680,000.00 $544,000.00 80.00% -8.08% 7/8/2005 20260782 $625,000.00 $543,536.19 86.96% Conventional w/o $0.00 $18,648.63 Chase PMI Total Est. Loss: ($1,243,605.33)

RMG Risk Management Group Watch List Report Date: 8/30/2005 4:42:46 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Investor Ln Nbr Lien State First Pmt Valuation Method Orig. Value Loan Number Position FICO(Date) Last Paid Dt. Valuation Date Current Value Servicer Name Aging/Delinquency Originator Watch List Report (Continued) Date: 8/30/2005 4:42:46 PM Deal Number: SASCO 2005-NC2 Report As of: 7/30/2005 Orig. Amount OLTV BPO Var. % Boarding Date Status History Current Bal LTV Loan Type Sr/Jr Lien Bal

Filing Compare · SASCO Mortgage Pass Through Certificates, Series 2005-NC2