8-K 1 has05nc2_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 HSI ASSET SECURITIZATION CORPORATION TRUST Mortgage Pass-Through Certificates, Series 2005-NC2 (Exact name of registrant as specified in its charter) New York (governing law of 333-124032-02 Pooling and Servicing Agreement) (Commission 54-2184342 (State or other File Number) 54-2184343 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2005 a distribution was made to holders of HSI ASSET SECURITIZATION CORPORATION TRUST, 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. 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. HSI ASSET SECURITIZATION CORPORATION TRUST Mortgage Pass-Through Certificates, Series 2005-NC2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer 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-99.1 HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Series 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

HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Record Date: 9/30/2005 Distribution Date: 10/25/2005 HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Series 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~~ I-A 40430HBP2 ~~SEN~~ 4.~~20000~~45125% ~~185~~178,~~954~~754,~~000~~277.0046 ~~303~~707,~~724~~271.8709 II-A-1 40430HBA5 ~~SEN~~ 4.~~07000~~32125% ~~100~~94,~~434~~587,~~000~~880.0050 ~~158~~363,~~964~~322.7056 II-A-2 40430HBB3 ~~SEN~~ 4.~~12000~~37125% 30,000,000.00 48116,~~066~~566.67 II-A-3 40430HBC1 ~~SEN~~ 4.~~20000~~45125% 31,800,000.00 51125,~~940~~822.00 II-A-4 40430HBD9 ~~SEN~~ 4.~~33000~~58125% 16,088,000.00 2765,~~090~~513.4091 M-1 40430HBE7 ~~MEZ~~ 4.~~40000~~65125% 16,873,000.00 2869,~~871~~760.5848 M-2 40430HBF4 ~~MEZ~~ 4.~~42000~~67125% 15,255,000.00 2663,~~221~~342.6515 M-3 40430HBG2 ~~MEZ~~ 4.~~45000~~70125% 10,632,000.00 1844,~~399~~429.2795 M-4 40430HBH0 ~~MEZ~~ 4.~~56000~~81125% 7,627,000.00 1332,~~525~~618.2114 M-5 40430HBJ6 ~~MEZ~~ 4.~~62000~~87125% 7,396,000.00 1332,~~288~~024.1568 M-6 40430HBK3 ~~MEZ~~ 4.~~64000~~89125% 6,471,000.00 1128,~~676~~134.5647 M-7 40430HBL1 ~~MEZ~~ 5.~~21000~~46125% 6,471,000.00 1331,~~110~~413.9711 M-8 40430HBM9 ~~MEZ~~ 5.~~39000~~64125% 5,085,000.00 1025,~~658~~498.7345 M-9 40430HBN7 ~~MEZ~~ 5.~~74000~~99125% 3,467,000.00 718,~~739~~463.1170 M-10 40430HBR8 ~~MEZ 5~~6.~~94000~~19125% 3,467,000.00 819,~~008~~080.7706 M-11 40430HBS6 ~~MEZ 5~~6.~~94000~~19125% 4,391,000.00 1024,~~143~~165.2114 M-12 40430HBT4 ~~MEZ~~ 6.00000% 7,396,000.00 36,980.00 X 40430HBQ0 OC 0.00000% 3,~~473~~467,~~151~~101.0012 1544,~~602,960~~030.2513 P 40430HBU1 ~~PPAY~~ 0.00000% 0.01 24161,~~534~~712.6941 R 40430HBV9 ~~RES~~ 0.00000% 0.00 0.00 Totals ~~462~~449,~~280~~228,~~151~~259.0109 2,~~415~~510,~~904~~149.7910

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses I-A 24,~~829~~335,~~442~~466.9240 0.00 ~~183~~174,~~124~~418,~~557~~811.0806 35,~~133~~042,~~167~~737.7949 0.00 II-A-1 23,~~225~~278,~~667~~518.0514 0.00 9891,~~208~~309,~~332~~362.9536 23,~~384~~641,~~631~~840.7570 0.00 II-A-2 0.00 0.00 30,000,000.00 48116,~~066~~566.67 0.00 II-A-3 0.00 0.00 31,800,000.00 51125,~~940~~822.00 0.00 II-A-4 0.00 0.00 16,088,000.00 2765,~~090~~513.4091 0.00 M-1 0.00 0.00 16,873,000.00 2869,~~871~~760.5848 0.00 M-2 0.00 0.00 15,255,000.00 2663,~~221~~342.6515 0.00 M-3 0.00 0.00 10,632,000.00 1844,~~399~~429.2795 0.00 M-4 0.00 0.00 7,627,000.00 1332,~~525~~618.2114 0.00 M-5 0.00 0.00 7,396,000.00 1332,~~288~~024.1568 0.00 M-6 0.00 0.00 6,471,000.00 1128,~~676~~134.5647 0.00 M-7 0.00 0.00 6,471,000.00 1331,~~110~~413.9711 0.00 M-8 0.00 0.00 5,085,000.00 1025,~~658~~498.7345 0.00 M-9 0.00 0.00 3,467,000.00 718,~~739~~463.1170 0.00 M-10 0.00 0.00 3,467,000.00 819,~~008~~080.7706 0.00 M-11 0.00 0.00 4,391,000.00 1024,~~143~~165.2114 0.00 M-12 0.00 0.00 7,396,000.00 36,980.00 0.00 X 0.00 0.00 3,467,101.12 1544,~~602,960~~030.2513 0.00 P 0.00 0.00 0.01 24161,~~534~~712.6941 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 57,~~055~~613,~~109~~984.9754 0.00 ~~457~~441,~~218~~614,~~991~~274.1655 710,~~471~~124,~~014~~133.7664 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ I-A 185,954,000.00 ~~185~~178,~~954~~754,~~000~~277.0046 0.00 24,~~829~~335,~~442~~466.9240 0.00 0.00 II-A-1 100,434,000.00 ~~100~~94,~~434~~587,~~000~~880.0050 0.00 23,~~225~~278,~~667~~518.0514 0.00 0.00 II-A-2 30,000,000.00 30,000,000.00 0.00 0.00 0.00 0.00 II-A-3 31,800,000.00 31,800,000.00 0.00 0.00 0.00 0.00 II-A-4 16,088,000.00 16,088,000.00 0.00 0.00 0.00 0.00 M-1 16,873,000.00 16,873,000.00 0.00 0.00 0.00 0.00 M-2 15,255,000.00 15,255,000.00 0.00 0.00 0.00 0.00 M-3 10,632,000.00 10,632,000.00 0.00 0.00 0.00 0.00 M-4 7,627,000.00 7,627,000.00 0.00 0.00 0.00 0.00 M-5 7,396,000.00 7,396,000.00 0.00 0.00 0.00 0.00 M-6 6,471,000.00 6,471,000.00 0.00 0.00 0.00 0.00 M-7 6,471,000.00 6,471,000.00 0.00 0.00 0.00 0.00 M-8 5,085,000.00 5,085,000.00 0.00 0.00 0.00 0.00 M-9 3,467,000.00 3,467,000.00 0.00 0.00 0.00 0.00 M-10 3,467,000.00 3,467,000.00 0.00 0.00 0.00 0.00 M-11 4,391,000.00 4,391,000.00 0.00 0.00 0.00 0.00 M-12 7,396,000.00 7,396,000.00 0.00 0.00 0.00 0.00 X 3,473,151.00 3,~~473~~467,~~151~~101.0012 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 462,280,151.01 ~~462~~449,~~280~~228,~~151~~259.0109 0.00 57,~~055~~613,~~109~~984.9754 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 I-A 24,~~829~~335,~~442~~466.9240 ~~183~~174,~~124~~418,~~557~~811.0806 0.~~98478418~~937968 24,~~829~~335,~~442~~466.9240 II-A-1 23,~~225~~278,~~667~~518.0514 9891,~~208~~309,~~332~~362.9536 0.~~97783951~~909148 23,~~225~~278,~~667~~518.0514 II-A-2 0.00 30,000,000.00 1.~~00000000~~000000 0.00 II-A-3 0.00 31,800,000.00 1.~~00000000~~000000 0.00 II-A-4 0.00 16,088,000.00 1.~~00000000~~000000 0.00 M-1 0.00 16,873,000.00 1.~~00000000~~000000 0.00 M-2 0.00 15,255,000.00 1.~~00000000~~000000 0.00 M-3 0.00 10,632,000.00 1.~~00000000~~000000 0.00 M-4 0.00 7,627,000.00 1.~~00000000~~000000 0.00 M-5 0.00 7,396,000.00 1.~~00000000~~000000 0.00 M-6 0.00 6,471,000.00 1.~~00000000~~000000 0.00 M-7 0.00 6,471,000.00 1.~~00000000~~000000 0.00 M-8 0.00 5,085,000.00 1.~~00000000~~000000 0.00 M-9 0.00 3,467,000.00 1.~~00000000~~000000 0.00 M-10 0.00 3,467,000.00 1.~~00000000~~000000 0.00 M-11 0.00 4,391,000.00 1.~~00000000~~000000 0.00 M-12 0.00 7,396,000.00 1.~~00000000~~000000 0.00 X 0.00 3,467,101.12 0.~~99825810~~998258 0.00 P 0.00 0.01 1.~~00000000~~000000 0.00 R 0.00 0.00 0.~~00000000~~000000 0.00 Totals 57,~~055~~613,~~109~~984.9754 ~~457~~441,~~218~~614,~~991~~274.1655 0.~~98905175~~955296 57,~~055~~613,~~109~~984.9754

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ I-A 185,954,000.00 ~~1000~~961.~~00000000~~282239 0.~~00000000~~000000 1523.~~21582176~~314725 0.~~00000000~~000000 II-A-1 100,434,000.00 ~~1000~~941.~~00000000~~791430 0.~~00000000~~000000 2232.~~16049396~~643509 0.~~00000000~~000000 II-A-2 30,000,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-A-3 31,800,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 II-A-4 16,088,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-1 16,873,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-2 15,255,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-3 10,632,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-4 7,627,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-5 7,396,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-6 6,471,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-7 6,471,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-8 5,085,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-9 3,467,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-10 3,467,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-11 4,391,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M-12 7,396,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 X 3,473,151.00 ~~1000~~998.~~00000000~~258100 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 0.01 0.~~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~~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 I-A 0.~~00000000~~000000 1523.~~21582176~~314725 ~~984~~937.~~78417824~~967514 0.~~98478418~~937968 1523.~~21582176~~314725 II-A-1 0.~~00000000~~000000 2232.~~16049396~~643509 ~~977~~909.~~83950604~~147922 0.~~97783951~~909148 2232.~~16049396~~643509 II-A-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-A-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 II-A-4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-7 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-11 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M-12 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 998.~~25810050~~258100 0.~~99825810~~998258 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 0.~~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~~per ~~Not Include Excess Special Hazard~~$1,000 ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed~~denomination. ~~Please Refer to the Prospectus Supplement for a Full Description.~~

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~~ I-A ~~185,954,000.00~~11/25/05 - 12/26/05 32 4.~~20000~~45125% ~~185~~178,~~954~~754,~~000~~277.0046 ~~303~~707,~~724~~271.8709 0.00 ~~0.00~~ II-A-1 ~~100,434,000.00~~11/25/05 - 12/26/05 32 4.~~07000~~32125% ~~100~~94,~~434~~587,~~000~~880.0050 ~~158~~363,~~964~~322.7056 0.00 ~~0.00~~ II-A-2 ~~30,000,000.00~~11/25/05 - 12/26/05 32 4.~~12000~~37125% 30,000,000.00 48116,~~066~~566.67 0.00 ~~0.00~~ II-A-3 ~~31,800,000.00~~11/25/05 - 12/26/05 32 4.~~20000~~45125% 31,800,000.00 51125,~~940~~822.00 0.00 ~~0.00~~ II-A-4 ~~16,088,000.00~~11/25/05 - 12/26/05 32 4.~~33000~~58125% 16,088,000.00 2765,~~090~~513.4091 0.00 ~~0.00~~ M-1 ~~16,873,000.00~~11/25/05 - 12/26/05 32 4.~~40000~~65125% 16,873,000.00 2869,~~871~~760.5848 0.00 ~~0.00~~ M-2 ~~15,255,000.00~~11/25/05 - 12/26/05 32 4.~~42000~~67125% 15,255,000.00 2663,~~221~~342.6515 0.00 ~~0.00~~ M-3 ~~10,632,000.00~~11/25/05 - 12/26/05 32 4.~~45000~~70125% 10,632,000.00 1844,~~399~~429.2795 0.00 ~~0.00~~ M-4 ~~7,627,000.00~~11/25/05 - 12/26/05 32 4.~~56000~~81125% 7,627,000.00 1332,~~525~~618.2114 0.00 ~~0.00~~ M-5 ~~7,396,000.00~~11/25/05 - 12/26/05 32 4.~~62000~~87125% 7,396,000.00 1332,~~288~~024.1568 0.00 ~~0.00~~ M-6 ~~6,471,000.00~~11/25/05 - 12/26/05 32 4.~~64000~~89125% 6,471,000.00 1128,~~676~~134.5647 0.00 ~~0.00~~ M-7 ~~6,471,000.00~~11/25/05 - 12/26/05 32 5.~~21000~~46125% 6,471,000.00 1331,~~110~~413.9711 0.00 ~~0.00~~ M-8 ~~5,085,000.00~~11/25/05 - 12/26/05 32 5.~~39000~~64125% 5,085,000.00 1025,~~658~~498.7345 0.00 ~~0.00~~ M-9 ~~3,467,000.00~~11/25/05 - 12/26/05 32 5.~~74000~~99125% 3,467,000.00 718,~~739~~463.1170 0.00 ~~0.00~~ M-10 ~~3,467,000.00~~11/25/05 5- 12/26/05 32 6.~~94000~~19125% 3,467,000.00 819,~~008~~080.7706 0.00 ~~0.00~~ M-11 ~~4,391,000.00~~11/25/05 5- 12/26/05 32 6.~~94000~~19125% 4,391,000.00 1024,~~143~~165.2114 0.00 ~~0.00~~ M-12 ~~7,396,000.00~~11/01/05 - 11/30/05 30 6.00000% 7,396,000.00 36,980.00 0.00 ~~0.00~~ X ~~3,473,151.00~~N/A N/A 0.00000% 3,~~473~~467,~~151~~101.0012 0.00 0.00 ~~0.00~~ P ~~0.01~~N/A N/A 0.00000% 0.01 0.00 0.00 ~~0.00~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ Totals ~~462~~1,~~280~~804,~~151~~406.0156 ~~788,409.85~~ 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 I-A 0.00 0.00 ~~303~~707,~~724~~271.8709 0.00 ~~183~~174,~~124~~418,~~557~~811.0806 II-A-1 0.00 0.00 ~~158~~363,~~964~~322.7056 0.00 9891,~~208~~309,~~332~~362.9536 II-A-2 0.00 0.00 48116,~~066~~566.67 0.00 30,000,000.00 II-A-3 0.00 0.00 51125,~~940~~822.00 0.00 31,800,000.00 II-A-4 0.00 0.00 2765,~~090~~513.4091 0.00 16,088,000.00 M-1 0.00 0.00 2869,~~871~~760.5848 0.00 16,873,000.00 M-2 0.00 0.00 2663,~~221~~342.6515 0.00 15,255,000.00 M-3 0.00 0.00 1844,~~399~~429.2795 0.00 10,632,000.00 M-4 0.00 0.00 1332,~~525~~618.2114 0.00 7,627,000.00 M-5 0.00 0.00 1332,~~288~~024.1568 0.00 7,396,000.00 M-6 0.00 0.00 1128,~~676~~134.5647 0.00 6,471,000.00 M-7 0.00 0.00 1331,~~110~~413.9711 0.00 6,471,000.00 M-8 0.00 0.00 1025,~~658~~498.7345 0.00 5,085,000.00 M-9 0.00 0.00 718,~~739~~463.1170 0.00 3,467,000.00 M-10 0.00 0.00 819,~~008~~080.7706 0.00 3,467,000.00 M-11 0.00 0.00 1024,~~143~~165.2114 0.00 4,391,000.00 M-12 0.00 0.00 36,980.00 0.00 7,396,000.00 X 0.00 0.00 1544,~~602,960~~030.2513 0.00 3,467,101.12 P 0.00 0.00 24161,~~534~~712.6941 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~415~~510,~~904~~149.7910 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~~ I-A 11/25/05 - 12/26/05 185,954,000.00 4.~~20000~~45125% ~~1000~~961.~~00000000~~282239 13.~~63333335~~803473 0.~~00000000~~000000 ~~0.00000000~~ II-A-1 11/25/05 - 12/26/05 100,434,000.00 4.~~07000~~32125% ~~1000~~941.~~00000000~~791430 13.~~58277774~~617526 0.~~00000000~~000000 ~~0.00000000~~ II-A-2 11/25/05 - 12/26/05 30,000,000.00 4.~~12000~~37125% 1000.~~00000000~~000000 13.~~60222233~~885556 0.~~00000000~~000000 ~~0.00000000~~ II-A-3 11/25/05 - 12/26/05 31,800,000.00 4.~~20000~~45125% 1000.~~00000000~~000000 13.~~63333333~~956667 0.~~00000000~~000000 ~~0.00000000~~ II-A-4 11/25/05 - 12/26/05 16,088,000.00 4.~~33000~~58125% 1000.~~00000000~~000000 14.~~68388861~~072222 0.~~00000000~~000000 ~~0.00000000~~ M-1 11/25/05 - 12/26/05 16,873,000.00 4.~~40000~~65125% 1000.~~00000000~~000000 14.~~71111124~~134444 0.~~00000000~~000000 ~~0.00000000~~ M-2 11/25/05 - 12/26/05 15,255,000.00 4.~~42000~~67125% 1000.~~00000000~~000000 14.~~71888889~~152222 0.~~00000000~~000000 ~~0.00000000~~ M-3 11/25/05 - 12/26/05 10,632,000.00 4.~~45000~~70125% 1000.~~00000000~~000000 14.~~73055587~~178889 0.~~00000000~~000000 ~~0.00000000~~ M-4 11/25/05 - 12/26/05 7,627,000.00 4.~~56000~~81125% 1000.~~00000000~~000000 14.~~77333290~~276667 0.~~00000000~~000000 ~~0.00000000~~ M-5 11/25/05 - 12/26/05 7,396,000.00 4.~~62000~~87125% 1000.~~00000000~~000000 14.~~79666712~~330000 0.~~00000000~~000000 ~~0.00000000~~ M-6 11/25/05 - 12/26/05 6,471,000.00 4.~~64000~~89125% 1000.~~00000000~~000000 14.~~80444444~~347778 0.~~00000000~~000000 ~~0.00000000~~ M-7 11/25/05 - 12/26/05 6,471,000.00 5.~~21000~~46125% 1000.~~00000000~~000000 24.~~02611188~~854444 0.~~00000000~~000000 ~~0.00000000~~ M-8 11/25/05 - 12/26/05 5,085,000.00 5.~~39000~~64125% 1000.~~00000000~~000000 25.~~09611209~~014444 0.~~00000000~~000000 ~~0.00000000~~ M-9 11/25/05 - 12/26/05 3,467,000.00 5.~~74000~~99125% 1000.~~00000000~~000000 25.~~23222094~~325555 0.~~00000000~~000000 ~~0.00000000~~ M-10 11/25/05 - 12/26/05 3,467,000.00 56.~~94000~~19125% 1000.~~00000000~~000000 25.~~31000000~~503334 0.~~00000000~~000000 ~~0.00000000~~ M-11 11/25/05 - 12/26/05 4,391,000.00 56.~~94000~~19125% 1000.~~00000000~~000000 25.~~31000000~~503334 0.~~00000000~~000000 ~~0.00000000~~ M-12 11/01/05 - 11/30/05 7,396,000.00 6.00000% 1000.~~00000000~~000000 5.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ X N/A 3,473,151.00 0.00000% ~~1000~~998.~~00000000~~258100 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ P N/A 0.01 0.00000% 0.~~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) Per $1 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 I-A 0.~~00000000~~000000 0.~~00000000~~000000 13.~~63333335~~803473 0.~~00000000~~000000 ~~984~~937.~~78417824~~967514 II-A-1 0.~~00000000~~000000 0.~~00000000~~000000 13.~~58277774~~617526 0.~~00000000~~000000 ~~977~~909.~~83950604~~147922 II-A-2 0.~~00000000~~000000 0.~~00000000~~000000 13.~~60222233~~885556 0.~~00000000~~000000 1000.~~00000000~~000000 II-A-3 0.~~00000000~~000000 0.~~00000000~~000000 13.~~63333333~~956667 0.~~00000000~~000000 1000.~~00000000~~000000 II-A-4 0.~~00000000~~000000 0.~~00000000~~000000 14.~~68388861~~072222 0.~~00000000~~000000 1000.~~00000000~~000000 M-1 0.~~00000000~~000000 0.~~00000000~~000000 14.~~71111124~~134444 0.~~00000000~~000000 1000.~~00000000~~000000 M-2 0.~~00000000~~000000 0.~~00000000~~000000 14.~~71888889~~152222 0.~~00000000~~000000 1000.~~00000000~~000000 M-3 0.~~00000000~~000000 0.~~00000000~~000000 14.~~73055587~~178889 0.~~00000000~~000000 1000.~~00000000~~000000 M-4 0.~~00000000~~000000 0.~~00000000~~000000 14.~~77333290~~276667 0.~~00000000~~000000 1000.~~00000000~~000000 M-5 0.~~00000000~~000000 0.~~00000000~~000000 14.~~79666712~~330000 0.~~00000000~~000000 1000.~~00000000~~000000 M-6 0.~~00000000~~000000 0.~~00000000~~000000 14.~~80444444~~347778 0.~~00000000~~000000 1000.~~00000000~~000000 M-7 0.~~00000000~~000000 0.~~00000000~~000000 24.~~02611188~~854444 0.~~00000000~~000000 1000.~~00000000~~000000 M-8 0.~~00000000~~000000 0.~~00000000~~000000 25.~~09611209~~014444 0.~~00000000~~000000 1000.~~00000000~~000000 M-9 0.~~00000000~~000000 0.~~00000000~~000000 25.~~23222094~~325555 0.~~00000000~~000000 1000.~~00000000~~000000 M-10 0.~~00000000~~000000 0.~~00000000~~000000 25.~~31000000~~503334 0.~~00000000~~000000 1000.~~00000000~~000000 M-11 0.~~00000000~~000000 0.~~00000000~~000000 25.~~31000000~~503334 0.~~00000000~~000000 1000.~~00000000~~000000 M-12 0.~~00000000~~000000 0.~~00000000~~000000 5.~~00000000~~000000 0.~~00000000~~000000 1000.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 ~~461~~156.~~52909850~~638778 0.~~00000000~~000000 998.~~25810050~~258100 P 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~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 toper ~~the~~$1,000 ~~Prospectus Supplement for a Full Description~~denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 710,~~645~~155,~~671~~215.0402 ~~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) 0.00 Prepayment Penalties 23161,~~534~~712.6941 Swap/Cap Payments 0.00 Total Deposits 710,~~669~~316,~~205~~927.7343 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 198~~192,~~190~~793.9779 Payment of Interest and Principal 710,~~471~~124,~~014~~133.7664 Total Withdrawals (Pool Distribution Amount) 710,~~669~~316,~~205~~927.7343 Ending Balance 0.00 Please see Additional Reporting Page for information related to SWAP and CAP payments.

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~192~~187,~~616~~178.7845 Master Servicing Fee - Wells Fargo Bank, N.A. 5,~~574~~615.1934 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~198~~192,~~190~~793.9779 *Servicer Payees include: CHASE HOME FINANCE LLC

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Excess Reserve Fund 0.00 036,125.0048 036,125.0048 0.00 Account

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~ARM ~~Total~~Weighted NoAverage ofGross ~~Loans~~Coupon No6.691756% ofWeighted ~~Loans~~Average NoNet ofCoupon ~~Loans~~6.191756% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of6.176756% ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Remaining ~~Principal~~Term ~~Balance~~355 ~~Principal~~Beginning ~~Balance~~Scheduled ~~Principal~~Collateral ~~Balance~~Loan ~~Principal~~Count ~~Balance~~1,650 ~~0-29~~Number ~~Days~~Of 0Loans 0Paid 0In 0Full ~~0.00~~25 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 30Loan ~~Days~~Count 01,625 0Beginning 0Scheduled 0Collateral 0Balance 0449,228,259.0010 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 0Balance 441,614,274.0056 60Ending ~~Days~~Actual 0Collateral 0Balance 0at 030-Nov-2005 ~~0 0~~441,614,274.0056 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 02,505,104.00 90 ~~Days~~Special 0Servicing 0Fee 0 ~~0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived Amount 0.00 ~~120~~Prepayment ~~Days~~Penalty 0Waived 0Count 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0161,712.0041 ~~0.00~~Prepayment ~~0.00~~Penalty ~~150~~Paid ~~Days~~Count 023 0Realized 0Loss 0Amount 0 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~180+~~Scheduled ~~Days~~Principal 0 ~~0 0 0 0 0~~.00 ~~0.00~~Unscheduled ~~0.00~~Principal 07,613,984.0054 ~~0.00~~Required ~~Totals~~Overcollateralized 0Amount 0 ~~0 0 0 0~~.00 ~~0.00~~Overcollateralized ~~0.00~~Increase ~~0.00~~Amount 0.00 NoOvercollateralized ofReduction ~~Loans~~Amount ~~No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance~~ 0~~-29 Days 0~~.~~000000%~~00 ~~0.000000%~~Specified ~~0.000000%~~O/C ~~0.000000%~~Amount 03,467,101.~~000000%~~13 ~~0.000000%~~Overcollateralized ~~0.000000%~~Amount 03,467,101.~~000000%~~13 30Overcollateralized ~~Days~~Deficiency ~~0.000000%~~Amount 0.~~000000%~~00 ~~0.000000%~~Base ~~0.000000%~~Overcollateralization ~~0.000000%~~Amount 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%00

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group 1 No2 of3 ~~Loans~~Collateral NoDescription ofMixed ~~Loans~~ARM NoMixed ofARM ~~Loans~~Mixed NoARM ofWeighted ~~Loans~~Average NoCoupon ofRate ~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0~~6.00672685 06.00494320 06.00757875 ~~0.00~~Weighted 30Average ~~Days~~Net 0Rate ~~0 0 0 0 0~~6.00172685 05.00994320 06.00257875 ~~0.00~~Weighted ~~0.00~~Average 60Remaining ~~Days~~Term 0355 0355 0355 0Beginning 0Loan ~~0.00~~Count ~~0.00~~834 ~~0.00~~125 ~~0.00~~635 ~~0.00~~Loans 90Paid ~~Days~~In 0Full 015 01 09 0Ending ~~0.00~~Loan ~~0.00~~Count ~~0.00~~819 ~~0.00~~124 ~~0.00~~626 ~~120~~Beginning ~~Days~~Scheduled 0Balance ~~0 0 0 0 0~~199,759,522.0030 029,019,564.0062 0204,567,541.0038 ~~0.00~~Ending ~~0.00~~Scheduled ~~150~~Balance ~~Days 0 0 0 0 0 0~~195,543,681.0008 028,899,939.0044 0201,287,980.0098 ~~0.00~~Record ~~0.00~~Date ~~180+~~11/30/2005 ~~Days~~11/30/2005 011/30/2005 0Principal 0And 0Interest 0Constant 01,110,776.0090 0157,051.0095 01,152,034.0095 ~~0.00~~Scheduled ~~0.00~~Principal ~~Totals~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Unscheduled ~~0.00~~Principal ~~0-29 Days 0~~4,215,841.~~000000%~~22 0119,625.~~000000%~~18 03,279,560.~~000000%~~40 ~~0.000000%~~Scheduled ~~0.000000%~~Interest 01,110,776.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 ~~Days 0~~157,051.~~000000%~~95 01,152,034.~~000000%~~95 ~~0.000000%~~Servicing ~~0.000000%~~Fee 083,233.~~000000%~~13 012,091.~~000000%~~49 085,236.~~000000%~~48 ~~0.000000%~~Master ~~0.000000%~~Servicing ~~0.000000%~~Fee ~~120 Days 0~~2,496.~~000000%~~99 0362.~~000000%~~74 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 ~~No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0~~,557.0009 ~~0.00~~Trustee ~~0.00~~Fee 0.00 ~~30 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 ~~0.00~~FRY ~~0.00~~Amount 0.00 ~~60 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 ~~0.00~~Special ~~0.00~~Hazard ~~0.00~~Fee ~~90 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Pool ~~0.00~~Insurance ~~150~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~1 ~~180+ Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~2 ~~Totals~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 ~~No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance~~ 0~~-29 Days 0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Net 30Interest ~~Days 0 0 0 0 0 0~~1,025,046.0078 0144,597.0072 01,064,241.0038 ~~0.00~~Realized ~~0.00~~Loss 60Amount ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Cumulative ~~0.00~~Realized 90Loss ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Percentage 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of ~~Loans~~Cumulative NoLosses ~~of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance~~ 0~~-29 Days 0 0 0 0 0~~.000000 0.000000 0.000000 ~~0.00~~Prepayment 30Penalty ~~Days~~Waived 0Amount 0 ~~0 0 0 0~~.00 0.00 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty 60Waived ~~Days~~Count 0 0 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0128937.0056 06384.00 026390.0085 90Prepayment ~~Days~~Penalty 0Paid 0Count 019 01 03 ~~0.00~~Special ~~0.00~~Servicing ~~0.00~~Fee 0.00 0.00 ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 ~~0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0~~Pass-29Through ~~Days~~Rate 06.~~000000%~~157685 05.~~000000%~~979320 06.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%242875

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group A4 ~~Insufficient~~Total ~~Funds~~Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.440732 6.691756 Weighted Average Net Rate 5.940731 6.191756 Weighted Average Remaining Term 355 355 Beginning Loan Count 56 1,650 Loans Paid In Full 0 25 Ending Loan Count 56 1,625 Beginning Scheduled Balance 15,881,630.80 449,228,259.10 Ending scheduled Balance 15,882,673.06 441,614,274.56 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 85,241.10 2,505,104.90 Scheduled Principal 0.00 0.00 Unscheduled Principal ~~Balance~~(1,042.26) 7,613,984.54 Scheduled Interest 85,241.10 2,505,104.90 Servicing Fee 6,617.35 187,178.45 Master Servicing Fee 198.52 5,615.34 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 78,425.23 2,312,311.11 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of ~~Contaminated~~Cumulative ~~Properties~~Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 ~~Periodic~~0.00 ~~Advance~~Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 0.00 161712.41 Prepayment Penalty Paid Count 0 23 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.925732 6.176756

~~Summary~~Additional 12Reporting ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov~~-04 ~~0.000%~~Deal ~~Original~~Level ~~Principal~~Miscellaneous ~~Balance~~Reporting ~~0.00~~Group ~~Dec-04~~I ~~0.000%~~Cap ~~Current Principal Balance~~ 0.00 ~~Jan-05~~Group ~~0.000%~~II ~~Feb-05~~Cap 0.~~000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.~~00 ~~May-05~~Aggregate ~~0.000%~~Cap ~~Current Principal Balance 0~~36,125.0048 ~~Jun-05~~Class ~~0.000%~~M ~~Jul-05~~Cap 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 ~~Dec-04~~Cumulative ~~0.000%~~Loss ~~Current Principal Balance 0.00 Jan-05 0.000~~% ~~Feb-05~~ 0.~~000~~000000% ~~Current~~Is ~~REO~~Trigger ~~Total~~Event ~~Mar-05 0.000% Loans~~ in ~~REO~~effect? 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-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. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-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. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-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.NO

REO Detail - All Mortgage Loans in REO during Current Period

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Nov~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Dec~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Jan~~Mar-05 0.000% ~~Feb~~Apr-05 0.000% Current Foreclosure Total ~~Mar~~May-05 0.000% Loans in Foreclosure 0 ~~Apr~~Jun-05 0.000% Original Principal Balance 0.00 ~~May~~Jul-05 0.000% Current Principal Balance 0.00 ~~Jun~~Aug-05 0.000% ~~Jul~~Sep-05 0.000% ~~Aug~~Oct-05 0.000% ~~Sep~~Nov-05 0.000% ~~Oct~~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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Nov~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Dec~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Jan~~Mar-05 0.000% ~~Feb~~Apr-05 0.000% Current Foreclosure Total ~~Mar~~May-05 0.000% Loans in Foreclosure 0 ~~Apr~~Jun-05 0.000% Original Principal Balance 0.00 ~~May~~Jul-05 0.000% Current Principal Balance 0.00 ~~Jun~~Aug-05 0.000% ~~Jul~~Sep-05 0.000% ~~Aug~~Oct-05 0.000% ~~Sep~~Nov-05 0.000% ~~Oct~~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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Nov~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Dec~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Jan~~Mar-05 0.000% ~~Feb~~Apr-05 0.000% Current Foreclosure Total ~~Mar~~May-05 0.000% Loans in Foreclosure 0 ~~Apr~~Jun-05 0.000% Original Principal Balance 0.00 ~~May~~Jul-05 0.000% Current Principal Balance 0.00 ~~Jun~~Aug-05 0.000% ~~Jul~~Sep-05 0.000% ~~Aug~~Oct-05 0.000% ~~Sep~~Nov-05 0.000% ~~Oct~~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. 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Nov~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Dec~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Jan~~Mar-05 0.000% ~~Feb~~Apr-05 0.000% Current Foreclosure Total ~~Mar~~May-05 0.000% Loans in Foreclosure 0 ~~Apr~~Jun-05 0.000% Original Principal Balance 0.00 ~~May~~Jul-05 0.000% Current Principal Balance 0.00 ~~Jun~~Aug-05 0.000% ~~Jul~~Sep-05 0.000% ~~Aug~~Oct-05 0.000% ~~Sep~~Nov-05 0.000% ~~Oct~~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. 4 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Nov~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Dec~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Jan~~Mar-05 0.000% ~~Feb~~Apr-05 0.000% Current Foreclosure Total ~~Mar~~May-05 0.000% Loans in Foreclosure 0 ~~Apr~~Jun-05 0.000% Original Principal Balance 0.00 ~~May~~Jul-05 0.000% Current Principal Balance 0.00 ~~Jun~~Aug-05 0.000% ~~Jul~~Sep-05 0.000% ~~Aug~~Oct-05 0.000% ~~Sep~~Nov-05 0.000% ~~Oct~~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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Mixed~~History* ~~ARM~~New ~~Weighted~~Bankruptcy ~~Average~~Loans ~~Gross~~Month ~~Coupon~~Bankruptcy 6Percentage Loans in Bankruptcy 0 Jan-05 0.~~706881~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~0.00 6Feb-05 0.~~206881~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 0.00 Mar-~~Through~~05 ~~Rate~~0.000% 6Apr-05 0.~~191880~~000% ~~Weighted~~Current ~~Average~~Bankruptcy ~~Maturity(Stepdown~~Total ~~Calculation)~~May-05 ~~356~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~Bankruptcy ~~Loan~~5 ~~Count~~Jun-05 10.000% Original Principal Balance 753,~~693~~050.00 ~~Number~~Jul-05 Of0.000% ~~Loans~~Current ~~Paid~~Principal InBalance ~~Full~~752,978.65 16Aug-05 ~~Ending~~0.000% ~~Scheduled~~Sep-05 ~~Collateral~~0.000% ~~Loan~~Oct-05 ~~Count~~0.000% Nov-05 0.168% Dec-05 0.171% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1~~,677~~ ~~Beginning~~12 ~~Scheduled~~Month ~~Collateral~~Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance ~~462,280,151~~0.0100 ~~Ending~~Feb-05 ~~Scheduled~~0.000% ~~Collateral~~Current Principal Balance ~~457~~0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 139,~~218,991~~850.1700 ~~Ending~~Jul-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at139,778.65 30Aug-05 0.000% Sep-~~2005~~05 ~~457,219,039~~0.37000% ~~Monthly~~Oct-05 ~~P&I~~0.000% ~~Constant~~Nov-05 0.070% Dec-05 0.071% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2~~,583,714~~ 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.98000% ~~Special~~Original ~~Servicing~~Principal ~~Fee~~Balance 0.00 ~~Prepayment~~Feb-05 ~~Penalties~~0.000% ~~23,534~~Current Principal Balance 0.6900 ~~Realized~~Mar-05 ~~Loss~~0.000% ~~Amount~~Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 1 Jun-05 0.000% Original Principal Balance 115,600.00 ~~Cumulative~~Jul-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 115,600.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.398% Dec-05 0.400% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Scheduled~~Feb-05 0.000% Current Principal Balance 0.00 ~~Unscheduled~~Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal 5Balance 497,~~061~~600.00 Jul-05 0.000% Current Principal Balance 497,~~160~~600.1300 ~~Required~~Aug-05 ~~Overcollateralization~~0.000% ~~Amount~~Sep-05 0.000% Oct-05 0.000% Nov-05 0.243% Dec-05 0.247% *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. 4 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Overcollateralized~~Feb-05 ~~Increase~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Overcollateralized~~Mar-05 ~~reduction~~0.000% ~~Amount~~Apr-05 ~~6,050~~0.17000% ~~Specified~~Current ~~O/C~~Bankruptcy ~~Amount~~Total ~~3,467,101~~May-05 0.13000% ~~Overcollateralized~~Loans ~~Amount~~in ~~3,467,101~~Bankruptcy 0 Jun-05 0.13000% ~~Overcollateralized~~Original ~~Deficiency~~Principal ~~Amount~~Balance 0.00 ~~Base~~Jul-05 ~~Overcollateralized~~0.000% ~~Amount~~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.

~~Miscellaneous~~Bankruptcy ~~Reporting~~Detail ~~Group~~- IAll ~~Cap~~Mortgage ~~0.00~~Loans in Bankruptcy during Current Period Group IILoan ~~Cap~~Month 0Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance 1 1001903202 Nov-2005 01-Jul-2005 MI 80.00 ~~Aggregate~~80,000.00 ~~Cap~~1 01002163768 Nov-2005 01-Jul-2005 OH 94.89 59,850.00 ~~Class~~2 M1001875643 ~~Cap~~Nov-2005 001-Jul-2005 CO 80.00 ~~Cumulative~~115,600.00 ~~Loss~~3 %1001631274 0Nov-2005 01-Jul-2005 CA 80.~~000000%~~00 Is276,000.00 ~~Trigger~~3 ~~Event~~1001991759 inNov-2005 ~~effect?~~01-Jul-2005 NOCA 80.00 221,600.00

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 1Loans 2in 3Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~(continued) ~~Mixed~~Group ~~ARM Mixed ARM Weighted Average Coupon Rate 6.685754 6.491934 6.774533 Weighted Average Net Rate 6.185754 5.991934 6.274532 Weighted Average Maturity 356 356 356 Beginning~~ Loan ~~Count~~Current ~~859~~Paid ~~128~~To ~~649~~Months ~~Loans~~Current ~~Paid~~Approximate InNumber ~~Full~~Principal 10Date 0Delinquent ~~6 Ending~~ Loan ~~Count~~Rate ~~849~~Delinquent ~~128 643 Beginning Scheduled~~ Balance ~~206,141,457.04 29,840,738.81 209,913,734.41 Ending Scheduled Balance 203,309,401.91 29,839,964.63 207,685,407.51 Record Date 09/30/2005 09/30/2005 09/30/2005 Principal And~~ Interest ~~Constant~~ 1~~,148,509.26~~ ~~161,436.76~~1001903202 180,~~185,056~~000.1800 ~~Scheduled~~01-Nov-2005 ~~Principal~~ 0~~.00~~ 06.00990% 0865.0034 ~~Unscheduled~~1 ~~Principal~~1002163768 259,~~832,055~~778.1365 ~~774.18~~01-Sep-2005 ~~2,228,326.90 Scheduled Interest~~ 1~~,148,509.26~~ ~~161,436~~9.76050% 1,~~185,056~~277.1876 ~~Servicing Fees 85,892.27 12,433.64 87,464.06 Master Servicing Fees~~ 2~~,576.77~~ ~~373.01~~1001875643 2115,~~623~~600.~~92 Trustee Fee 0.~~00 ~~0.00~~01-Nov-2005 0~~.00~~ ~~FRY Amount 0~~6.00350% 01,127.0010 ~~0.00~~3 ~~Special~~1001631274 ~~Hazard Fee 0~~276,000.00 ~~0.00~~01-Nov-2005 0~~.00~~ ~~Other Fee 0~~5.00700% ~~0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread~~ 2 0,392.00 ~~0.00 0.00 Spread~~ 3 ~~0.00~~1001991759 ~~0.00 0.00 Net Interest 1~~221,~~060,040~~600.~~22 148,630.11 1,094,968.20 Realized Loss Amount 0.~~00 ~~0.00~~01-Nov-2005 0~~.00~~ ~~Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate~~ 6.~~170754~~200% 52,105.~~976934 6.259533~~20

Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.497430 6.706881 Weighted Average Net Rate 5.997430 6.206881 Weighted Average Maturity 356 356 Beginning Loan Count 57 1,693 Loans Paid In Full 0 16 Ending Loan Count 57 1,677 Beginning Scheduled Balance 16,384,221.04 462,280,151.30 Ending scheduled Balance 16,384,217.12 457,218,991.17 Record Date 09/30/2005 09/30/2005 Principal And Interest Constant 88,712.78 2,583,714.98 Scheduled Principal 0.00 0.00 Unscheduled Principal 3.92 5,061,160.13 Scheduled Interest 88,712.78 2,583,714.98 Servicing Fees 6,826.76 192,616.73 Master Servicing Fees 0.00 5,573.70 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 204.80 204.80 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 81,681.22 2,385,319.75 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.982430 6.191880

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Total 16 5,057,017.20 5,056,236.93 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Total 0 0.00 0.00 0 0.00 0.00 4,923.20

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 1001880450 CA 44.97 01-Jul-2005 270,000.00 269,845.46 1 1002099419 IL 86.52 01-Aug-2005 242,250.00 242,249.99 1 1002103155 CA 74.25 01-Jul-2005 297,000.00 297,000.00 1 1002109453 CA 90.00 01-Jul-2005 292,500.00 292,499.99 1 1002117257 CA 81.14 01-Jul-2005 267,750.00 267,749.98 1 1002188527 AZ 86.63 01-Jul-2005 149,000.00 149,000.00 1 1002225390 AZ 84.89 01-Aug-2005 199,500.00 199,500.00 1 1002233274 MD 90.00 01-Jul-2005 445,050.00 445,050.00 1 1002279536 NJ 92.16 01-Aug-2005 470,000.00 470,000.00 1 1002301404 CA 63.55 01-Aug-2005 197,000.00 196,999.98 3 1001121002 CA 80.00 01-Jul-2005 326,047.20 326,047.20 3 1001642486 CA 94.86 01-Jun-2005 437,000.00 436,374.34 3 1001733235 NH 80.00 01-Aug-2005 279,920.00 279,920.00 3 1002055509 CA 80.00 01-Jul-2005 360,000.00 360,000.00 3 1002260350 CA 80.00 01-Jul-2005 496,000.00 496,000.00 3 1002332988 CA 80.00 01-Aug-2005 328,000.00 327,999.99

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 1001880450 Loan Paid in Full 0 6.850% 360 3 1 1002099419 Loan Paid in Full 0 7.990% 360 2 1 1002103155 Loan Paid in Full 0 5.900% 360 3 1 1002109453 Loan Paid in Full 0 5.990% 360 3 1 1002117257 Loan Paid in Full 0 6.350% 360 3 1 1002188527 Loan Paid in Full 0 6.700% 360 3 1 1002225390 Loan Paid in Full 0 7.800% 360 2 1 1002233274 Loan Paid in Full 0 6.990% 360 3 1 1002279536 Loan Paid in Full 0 8.088% 360 2 1 1002301404 Loan Paid in Full 0 5.900% 360 2 3 1001121002 Loan Paid in Full 0 6.500% 360 3 3 1001642486 Loan Paid in Full 0 6.990% 360 4 3 1001733235 Loan Paid in Full 0 8.050% 360 2 3 1002055509 Loan Paid in Full 0 6.500% 360 3 3 1002260350 Loan Paid in Full 0 7.790% 360 3 3 1002332988 Loan Paid in Full 0 7.000% 360 2

Summary SMM CPR PSA Current Month 1.095% Current Month 12.375% Current Month 2,267.249% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 12.375% N/A Oct-2005 2,267.249% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Nov~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Jan-~~2004~~2005 N/A N/A ~~Dec~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Feb-~~2004~~2005 N/A N/A ~~Jan~~Mar-2005 N/A N/A ~~Jan~~Mar-2005 N/A N/A ~~Feb~~Apr-2005 N/A N/A ~~Feb~~Apr-2005 N/A N/A ~~Mar~~May-2005 N/A N/A ~~Mar~~May-2005 N/A N/A ~~Apr~~Jun-2005 N/A N/A ~~Apr~~Jun-2005 N/A N/A ~~May~~Jul-2005 N/A N/A ~~May~~Jul-2005 N/A N/A ~~Jun~~Aug-2005 N/A N/A ~~Jun~~Aug-2005 N/A N/A ~~Jul~~Sep-2005 N/A N/A ~~Jul~~Sep-2005 N/A N/A ~~Aug~~Oct-2005 ~~N/A~~0.000% N/A ~~Aug~~Oct-2005 ~~N/A~~0.000% N/A ~~Sep~~Nov-2005 ~~N/A~~0.000% N/A ~~Sep~~Nov-2005 ~~N/A~~0.000% N/A ~~Oct~~Dec-2005 0.000% N/A ~~Oct~~Dec-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 www. 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. ~~Nov~~Jan-~~2004~~2005 N/A N/A ~~Nov~~Jan-~~2004~~2005 N/A N/A ~~Dec~~Feb-~~2004~~2005 N/A N/A ~~Dec~~Feb-~~2004~~2005 N/A N/A ~~Jan~~Mar-2005 N/A N/A ~~Jan~~Mar-2005 N/A N/A ~~Feb~~Apr-2005 N/A N/A ~~Feb~~Apr-2005 N/A N/A ~~Mar~~May-2005 N/A N/A ~~Mar~~May-2005 N/A N/A ~~Apr~~Jun-2005 N/A N/A ~~Apr~~Jun-2005 N/A N/A ~~May~~Jul-2005 N/A N/A ~~May~~Jul-2005 N/A N/A ~~Jun~~Aug-2005 N/A N/A ~~Jun~~Aug-2005 N/A N/A ~~Jul~~Sep-2005 N/A N/A ~~Jul~~Sep-2005 N/A N/A ~~Aug~~Oct-2005 ~~N/A~~0.000% N/A ~~Aug~~Oct-2005 ~~N/A~~0.000% N/A ~~Sep~~Nov-2005 ~~N/A~~0.000% N/A ~~Sep~~Nov-2005 ~~N/A~~0.000% N/A ~~Oct~~Dec-2005 0.000% N/A ~~Oct~~Dec-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 www. 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)

Prepayment - Voluntary Prepayments

Filing Compare · HASCO Trust 2005-NC2