8-K 1 mam05002_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 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2005-2 (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-62 Pooling and Servicing Agreement) (Commission 54-2167983 (State or other File Number) 54-2167984 jurisdiction 54-2168120 of Incorporation) 54-6654308 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 MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through Certificates, Series 2005-2 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 2005-2 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2005-2 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 2005-2 Trust, relating to the December 27, 2005 distribution. EX-99.1 MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Series 2005-2 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

MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 MASTR Adjustable Rate Mortgages Trust Mortgage Pass-Through Certificates Series 2005-2 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~~ 1-A-1 576433XU5 ~~SEN~~ 5.~~69415~~69590% 3127,~~666~~388,~~813~~523.8858 ~~150~~130,~~262~~001.9386 2-A-1 576433XV3 ~~SEN~~ 5.~~17698~~16912% 4744,~~560~~191,~~220~~750.3704 ~~205~~190,~~181~~360.9648 3-A-1 576433XV1 ~~SEN~~ 4.~~86497~~83515% ~~163~~139,~~869~~509,~~767~~476.2684 ~~664~~562,~~351~~124.0568 4-A-1 576433XX9 ~~SEN~~ 5.~~24484~~24135% 8468,~~873~~948,~~952~~884.8471 ~~370~~301,~~958~~154.8122 5-A-1 576433XY7 ~~SEN~~ 4.~~63566~~62395% ~~121~~108,~~475~~782,~~337~~937.8573 ~~469~~419,~~265~~172.6008 6-A-1 576433XZ4 ~~SEN~~ 5.~~20598~~15970% 4236,~~547~~312,~~042~~039.9278 ~~184~~156,~~582~~132.3961 7-A-1 576433YA8 ~~SEN~~ 5.~~21253~~18471% 9279,~~075~~220,~~266~~758.6426 ~~399~~342,~~954~~280.2267 7-A-2 576433YB6 ~~SEN~~ 5.~~38043~~35261% 65,~~813~~862,~~845~~573.8870 3026,~~551~~150.1807 7-A-X 576433YC4 IO 0.16790% 0.00 1211,~~882~~084.8630 A-LR 576433YD2 ~~SEN~~ 5.~~69623~~69259% 0.00 0.00 A-UR 576433YE0 ~~SEN~~ 5.~~69623~~69259% 0.00 0.7353 B-1 576433YF7 ~~SUB~~ 5.~~05291~~03327% 22,~~545~~529,~~959~~115.1216 94,~~935~~495.5494 B-2 576433YG5 ~~SUB~~ 5.~~05291~~03327% 7,~~173~~168,~~623~~264.4406 30,~~206~~066.3851 B-3 576433YH3 ~~SUB~~ 5.~~05291~~03327% 7,~~515~~509,~~319~~705.7105 31,~~645~~498.1865 B-4 576433YJ9 ~~SUB~~ 5.~~05291~~03327% 5,~~806~~802,~~838~~500.3610 24,~~451~~337.1896 B-5 576433YK6 ~~SUB~~ 5.~~05291~~03327% 4,~~441~~437,~~052~~734.3951 18,~~700~~613.1960 B-6 576433YL4 ~~SUB~~ 5.~~05291~~03327% 3,~~074~~072,~~834~~537.5738 12,~~947~~887.3843 P 576433YM2 P 0.00000% 0.01 2134,~~528~~631.3509 Totals ~~641~~560,~~439~~736,~~875~~800.2491 2,~~722~~384,~~405~~992.9368

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses 1-A-1 1289,~~166,045~~288.0425 0.00 3027,~~500~~099,~~768~~235.8333 1419,~~316,307~~290.9711 0.00 2-A-1 ~~525~~2,~~182~~062,961.1050 0.00 4742,~~035~~128,~~038~~788.2755 ~~730~~2,~~364~~253,321.0698 0.00 3-A-1 71,~~474~~582,~~289~~802.4348 0.00 ~~156~~137,~~395~~926,~~477~~674.8337 82,~~138~~144,~~640~~927.4816 0.00 4-A-1 53,~~120~~724,~~474~~369.0428 0.00 7965,~~753~~224,~~478~~515.8043 54,~~491~~025,~~432~~523.8550 0.00 5-A-1 41,~~510~~199,~~507~~006.5878 0.00 ~~116~~107,~~964~~583,~~830~~930.2795 41,~~979~~618,~~773~~178.1886 0.00 6-A-1 2487,~~198,459~~496.4549 0.00 4035,~~348~~824,~~583~~543.4629 2643,~~383,041~~629.8410 0.00 7-A-1 21,~~044~~296,~~545~~736.7566 0.00 9077,~~030~~924,~~720~~021.8960 21,~~444~~639,~~499~~017.9733 0.00 7-A-2 ~~151~~95,~~302~~962.5240 0.00 65,~~662~~766,~~543~~611.3630 ~~181~~122,~~853~~112.7047 0.00 7-A-X 0.00 0.00 0.00 1211,~~882~~084.8630 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.7353 0.00 B-1 4,~~095~~381.9427 0.00 22,~~541~~524,~~863~~733.1789 9998,~~031~~877.4821 0.00 B-2 1,~~303~~394.2402 0.00 7,~~172~~166,~~320~~870.2004 31,~~509~~460.6253 0.00 B-3 1,~~365~~460.3142 0.00 7,~~513~~508,~~954~~244.3963 3332,~~010~~959.4907 0.00 B-4 1,~~054~~128.9342 0.00 5,~~805~~801,~~783~~371.4368 25,~~506~~466.1138 0.00 B-5 ~~806~~863.8101 0.00 4,~~440~~436,~~245~~871.5849 19,~~507~~476.0061 0.00 B-6 ~~558~~597.6152 0.00 3,~~074~~071,~~275~~939.9686 13,~~505~~484.9995 0.01 P 0.00 0.00 0.01 2134,~~528~~631.3509 0.00 Totals 2310,~~199~~748,~~990~~448.7550 0.00 ~~618~~549,~~239~~988,~~884~~352.4542 2513,~~922~~133,~~396~~441.6818 0.01 ~~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~~) 1~~-A-1 35,530,000.00 3127,~~666~~388,~~813~~523.8858 119,~~920~~795.2049 1279,~~154,124~~492.8476 0.00 0.00 2-A-1 48,926,000.00 4744,~~560~~191,~~220~~750.3704 2,~~673~~359.6118 ~~522~~2,~~508~~060,602.4932 0.00 0.00 3-A-1 178,299,000.00 ~~163~~139,~~869~~509,~~767~~476.2684 19,~~563~~262.3990 71,~~454~~563,~~726~~539.0458 0.00 0.00 4-A-1 93,235,000.00 8468,~~873~~948,~~952~~884.8471 32,~~779~~680.9498 53,~~116~~721,~~694~~688.1030 0.00 0.00 5-A-1 128,960,000.00 ~~121~~108,~~475~~782,~~337~~937.8573 38,~~743~~469.5047 41,~~471~~160,~~764~~537.0831 0.00 0.00 6-A-1 45,845,000.00 4236,~~547~~312,~~042~~039.9278 65,~~664~~830.9399 2481,~~191,794~~665.5250 0.00 0.00 7-A-1 95,361,000.00 9279,~~075~~220,~~266~~758.6426 2220,~~652~~640.9603 21,~~021~~276,~~892~~096.7963 0.00 0.00 7-A-2 7,057,000.00 65,~~813~~862,~~845~~573.8870 1,~~676~~527.3942 ~~149~~94,~~626~~434.1398 0.00 0.00 7-A-X 0.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 22,566,000.00 22,~~545~~529,~~959~~115.1216 4,~~095~~381.9427 0.00 0.00 0.00 B-2 7,180,000.00 7,~~173~~168,~~623~~264.4406 1,~~303~~394.2402 0.00 0.00 0.00 B-3 7,522,000.00 7,~~515~~509,~~319~~705.7105 1,~~365~~460.3142 0.00 0.00 0.00 B-4 5,812,000.00 5,~~806~~802,~~838~~500.3610 1,~~054~~128.9342 0.00 0.00 0.00 B-5 4,445,000.00 4,~~441~~437,~~052~~734.3951 ~~806~~863.8101 0.00 0.00 0.00 B-6 3,077,567.77 3,~~074~~072,~~834~~537.5738 ~~558~~597.6152 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 Totals 683,815,667.78 ~~641~~560,~~439~~736,~~875~~800.2491 ~~116~~110,~~859~~391.7612 2310,~~083~~638,~~130~~057.9938 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 1-A-1 1289,~~166,045~~288.0425 3027,~~500~~099,~~768~~235.8333 0.~~85845114~~762714 1289,~~166,045~~288.0425 2-A-1 ~~525~~2,~~182~~062,961.1050 4742,~~035~~128,~~038~~788.2755 0.~~96135058~~861072 ~~525~~2,~~182~~062,961.1050 3-A-1 71,~~474~~582,~~289~~802.4348 ~~156~~137,~~395~~926,~~477~~674.8337 0.~~87715286~~773570 71,~~474~~582,~~289~~802.4348 4-A-1 53,~~120~~724,~~474~~369.0428 7965,~~753~~224,~~478~~515.8043 0.~~85540279~~699571 53,~~120~~724,~~474~~369.0428 5-A-1 41,~~510~~199,~~507~~006.5878 ~~116~~107,~~964~~583,~~830~~930.2795 0.~~90698535~~834243 41,~~510~~199,~~507~~006.5878 6-A-1 2487,~~198,459~~496.4549 4035,~~348~~824,~~583~~543.4629 0.~~88010870~~781427 2487,~~198,459~~496.4549 7-A-1 21,~~044~~296,~~545~~736.7566 9077,~~030~~924,~~720~~021.8960 0.~~94410420~~817148 21,~~044~~296,~~545~~736.7566 7-A-2 ~~151~~95,~~302~~962.5240 65,~~662~~766,~~543~~611.3630 0.~~94410420~~817148 ~~151~~95,~~302~~962.5240 7-A-X 0.00 0.00 0.~~00000000~~000000 0.00 A-LR 0.00 0.00 0.~~00000000~~000000 0.00 A-UR 0.00 0.00 0.~~00000000~~000000 0.00 B-1 4,~~095~~381.9427 22,~~541~~524,~~863~~733.1789 0.~~99893039~~998171 4,~~095~~381.9427 B-2 1,~~303~~394.2402 7,~~172~~166,~~320~~870.2004 0.~~99893039~~998171 1,~~303~~394.2402 B-3 1,~~365~~460.3142 7,~~513~~508,~~954~~244.3963 0.~~99893039~~998171 1,~~365~~460.3142 B-4 1,~~054~~128.9342 5,~~805~~801,~~783~~371.4368 0.~~99893039~~998171 1,~~054~~128.9342 B-5 ~~806~~863.8101 4,~~440~~436,~~245~~871.5849 0.~~99893039~~998171 ~~806~~863.8101 B-6 ~~558~~597.6152 3,~~074~~071,~~275~~939.9686 0.~~99893039~~998171 ~~558~~597.6152 P 0.00 0.01 1.~~00000000~~000000 0.00 Totals 2310,~~199~~748,~~990~~448.7550 ~~618~~549,~~239~~988,~~884~~352.4542 0.~~90410313~~804293 2310,~~199~~748,~~990~~448.7550

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ 1-A-1 35,530,000.00 ~~891~~770.~~26974050~~856279 0.~~33549676~~275696 327.~~48310836~~866388 0.~~00000000~~000000 2-A-1 48,926,000.00 ~~972~~903.~~08478866~~236521 0.~~05464600~~048219 1042.~~67956690~~116713 0.~~00000000~~000000 3-A-1 178,299,000.00 ~~919~~782.~~07283417~~446771 0.~~10972238~~108037 418.~~81025154~~769200 0.~~00000000~~000000 4-A-1 93,235,000.00 ~~910~~739.~~32287060~~517185 0.~~04054207~~028755 5439.~~87954202~~917287 0.~~00000000~~000000 5-A-1 128,960,000.00 ~~941~~843.~~96136670~~540150 0.~~30043037~~298305 348.~~67558995~~999204 0.~~00000000~~000000 6-A-1 45,845,000.00 ~~928~~792.~~06288407~~061071 0.~~14537965~~127189 4710.~~80880183~~506391 0.~~00000000~~000000 7-A-1 95,361,000.00 ~~965~~830.~~54426485~~745884 0.~~23754952~~216441 2113.~~20251245~~381745 0.~~00000000~~000000 7-A-2 7,057,000.00 ~~965~~830.~~54426527~~745884 0.~~23754995~~216440 2113.~~20251240~~381746 0.~~00000000~~000000 7-A-X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-LR 50.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-UR 50.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 B-1 22,566,000.00 ~~999~~998.~~11189932~~365468 0.~~18150935~~194154 0.~~00000000~~000000 0.~~00000000~~000000 B-2 7,180,000.00 ~~999~~998.~~11189972~~365468 0.~~18150975~~194153 0.~~00000000~~000000 0.~~00000000~~000000 B-3 7,522,000.00 ~~999~~998.~~11189976~~365468 0.~~18150891~~194153 0.~~00000000~~000000 0.~~00000000~~000000 B-4 5,812,000.00 ~~999~~998.~~11189952~~365468 0.~~18150895~~194153 0.~~00000000~~000000 0.~~00000000~~000000 B-5 4,445,000.00 ~~999~~998.~~11189876~~365469 0.~~18150956~~194153 0.~~00000000~~000000 0.~~00000000~~000000 B-6 3,077,567.77 ~~999~~998.~~11189608~~365466 0.~~18151022~~194153 0.~~00000000~~000000 0.~~00000000~~000000 P 0.01 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 1-A-1 0.~~00000000~~000000 328.~~81860512~~142084 ~~858~~762.~~45113510~~714194 0.~~85845114~~762714 328.~~81860512~~142084 2-A-1 0.~~00000000~~000000 1042.~~73421289~~164933 ~~961~~861.~~35057577~~071589 0.~~96135058~~861072 1042.~~73421289~~164933 3-A-1 0.~~00000000~~000000 418.~~91997392~~877237 ~~877~~773.~~15286025~~569534 0.~~87715286~~773570 418.~~91997392~~877237 4-A-1 0.~~00000000~~000000 5439.~~92008409~~946043 ~~855~~699.~~40278651~~571142 0.~~85540279~~699571 5439.~~92008409~~946043 5-A-1 0.~~00000000~~000000 349.~~97602032~~297509 ~~906~~834.~~98534639~~242641 0.~~90698535~~834243 349.~~97602032~~297509 6-A-1 0.~~00000000~~000000 4710.~~95418148~~633580 ~~880~~781.~~10870237~~427490 0.~~88010870~~781427 4710.~~95418148~~633580 7-A-1 0.~~00000000~~000000 2113.~~44006198~~598186 ~~944~~817.~~10420287~~147698 0.~~94410420~~817148 2113.~~44006198~~598186 7-A-2 0.~~00000000~~000000 2113.~~44006235~~598186 ~~944~~817.~~10420292~~147697 0.~~94410420~~817148 2113.~~44006235~~598186 7-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-LR 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-UR 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 B-1 0.~~00000000~~000000 0.~~18150935~~194154 998.~~93038952~~171315 0.~~99893039~~998171 0.~~18150935~~194154 B-2 0.~~00000000~~000000 0.~~18150975~~194153 998.~~93038997~~171315 0.~~99893039~~998171 0.~~18150975~~194153 B-3 0.~~00000000~~000000 0.~~18150891~~194153 998.~~93038952~~171315 0.~~99893039~~998171 0.~~18150891~~194153 B-4 0.~~00000000~~000000 0.~~18150895~~194153 998.~~93039057~~171315 0.~~99893039~~998171 0.~~18150895~~194153 B-5 0.~~00000000~~000000 0.~~18150956~~194153 998.~~93038920~~171314 0.~~99893039~~998171 0.~~18150956~~194153 B-6 0.~~00000000~~000000 0.~~18151022~~194153 998.~~93038586~~171312 0.~~99893039~~998171 0.~~18151022~~194153 P 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1.~~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~~ 1-A-1 ~~35,530,000.00~~11/01/05 - 11/30/05 30 5.~~69415~~69590% 3127,~~666~~388,~~813~~523.8858 ~~150~~130,~~262~~001.9386 0.00 ~~0.00~~ 2-A-1 ~~48,926,000.00~~11/01/05 - 11/30/05 30 5.~~17698~~16912% 4744,~~560~~191,~~220~~750.3704 ~~205~~190,~~181~~360.9648 0.00 ~~0.00~~ 3-A-1 ~~178,299,000.00~~11/01/05 - 11/30/05 30 4.~~86497~~83515% ~~163~~139,~~869~~509,~~767~~476.2684 ~~664~~562,~~351~~124.0568 0.00 ~~0.00~~ 4-A-1 ~~93,235,000.00~~11/01/05 - 11/30/05 30 5.~~24484~~24135% 8468,~~873~~948,~~952~~884.8471 ~~370~~301,~~958~~154.8122 0.00 ~~0.00~~ 5-A-1 ~~128,960,000.00~~11/01/05 - 11/30/05 30 4.~~63566~~62395% ~~121~~108,~~475~~782,~~337~~937.8573 ~~469~~419,~~265~~172.6008 0.00 ~~0.00~~ 6-A-1 ~~45,845,000.00~~11/01/05 - 11/30/05 30 5.~~20598~~15970% 4236,~~547~~312,~~042~~039.9278 ~~184~~156,~~582~~132.3961 0.00 ~~0.00~~ 7-A-1 ~~95,361,000.00~~11/01/05 - 11/30/05 30 5.~~21253~~18471% 9279,~~075~~220,~~266~~758.6426 ~~399~~342,~~954~~280.2267 0.00 ~~0.00~~ 7-A-2 ~~7,057,000.00~~11/01/05 - 11/30/05 30 5.~~38043~~35261% 65,~~813~~862,~~845~~573.8870 3026,~~551~~150.1807 0.00 ~~0.00~~ 7-A-X ~~0.00~~11/01/05 - 11/30/05 30 0.16790% 9279,~~075~~220,~~266~~758.6426 1211,~~882~~084.8630 0.00 ~~0.00~~ A-LR ~~50.00~~N/A N/A 5.~~69623~~69259% 0.00 0.00 0.00 ~~0.00~~ A-UR ~~50.00~~N/A N/A 5.~~69623~~69259% 0.00 0.00 0.00 ~~0.00~~ B-1 ~~22,566,000.00~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 22,~~545~~529,~~959~~115.1216 94,~~935~~495.5494 0.00 ~~0.00~~ B-2 ~~7,180,000.00~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 7,~~173~~168,~~623~~264.4406 30,~~206~~066.3851 0.00 ~~0.00~~ B-3 ~~7,522,000.00~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 7,~~515~~509,~~319~~705.7105 31,~~645~~498.1865 0.00 ~~0.00~~ B-4 ~~5,812,000.00~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 5,~~806~~802,~~838~~500.3610 24,~~451~~337.1896 0.00 ~~0.00~~ B-5 ~~4,445,000.00~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 4,~~441~~437,~~052~~734.3951 18,~~700~~613.1960 0.00 ~~0.00~~ B-6 ~~3,077,567.77~~11/01/05 - 11/30/05 30 5.~~05291~~03327% 3,~~074~~072,~~834~~537.5738 12,~~947~~887.3843 0.00 ~~0.00~~ P ~~0.01~~N/A N/A 0.00000% 0.01 0.00 0.00 ~~0.00~~ Totals ~~683,815,667.78~~ 2,~~700~~350,~~876~~361.8506 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 1-A-1 0.00 0.00 ~~150~~130,~~262~~001.9386 0.00 3027,~~500~~099,~~768~~235.8333 2-A-1 0.00 0.00 ~~205~~190,~~181~~360.9648 0.00 4742,~~035~~128,~~038~~788.2755 3-A-1 0.00 0.00 ~~664~~562,~~351~~124.0568 0.00 ~~156~~137,~~395~~926,~~477~~674.8337 4-A-1 0.00 0.00 ~~370~~301,~~958~~154.8122 0.00 7965,~~753~~224,~~478~~515.8043 5-A-1 0.00 0.00 ~~469~~419,~~265~~172.6008 0.00 ~~116~~107,~~964~~583,~~830~~930.2795 6-A-1 0.00 0.00 ~~184~~156,~~582~~132.3961 0.00 4035,~~348~~824,~~583~~543.4629 7-A-1 0.00 0.00 ~~399~~342,~~954~~280.2267 0.00 9077,~~030~~924,~~720~~021.8960 7-A-2 0.00 0.00 3026,~~551~~150.1807 0.00 65,~~662~~766,~~543~~611.3630 7-A-X 0.00 0.00 1211,~~882~~084.8630 0.00 9077,~~030~~924,~~720~~021.8960 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.7353 0.00 0.00 B-1 0.00 0.00 94,~~935~~495.5494 0.00 22,~~541~~524,~~863~~733.1789 B-2 0.00 0.00 30,~~206~~066.3851 0.00 7,~~172~~166,~~320~~870.2004 B-3 0.00 0.00 31,~~645~~498.1865 0.00 7,~~513~~508,~~954~~244.3963 B-4 0.00 0.00 24,~~451~~337.1896 0.00 5,~~805~~801,~~783~~371.4368 B-5 0.00 0.00 18,~~700~~613.1960 0.00 4,~~440~~436,~~245~~871.5849 B-6 0.00 0.00 12,~~947~~887.3843 0.00 3,~~074~~071,~~275~~939.9686 P 0.00 0.00 2134,~~528~~631.3509 0.00 0.01 Totals 0.00 0.00 2,~~722~~384,~~405~~992.9368 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~~ 1-A-1 11/01/05 - 11/30/05 35,530,000.00 5.~~69415~~69590% ~~891~~770.~~26974050~~856279 43.~~22918463~~658932 0.~~00000000~~000000 ~~0.00000000~~ 2-A-1 11/01/05 - 11/30/05 48,926,000.00 5.~~17698~~16912% ~~972~~903.~~08478866~~236521 43.~~19372031~~890784 0.~~00000000~~000000 ~~0.00000000~~ 3-A-1 11/01/05 - 11/30/05 178,299,000.00 4.~~86497~~83515% ~~919~~782.~~07283417~~446771 3.~~72605034~~152708 0.~~00000000~~000000 ~~0.00000000~~ 4-A-1 11/01/05 - 11/30/05 93,235,000.00 5.~~24484~~24135% ~~910~~739.~~32287060~~517185 3.~~97875058~~230055 0.~~00000000~~000000 ~~0.00000000~~ 5-A-1 11/01/05 - 11/30/05 128,960,000.00 4.~~63566~~62395% ~~941~~843.~~96136670~~540150 3.~~63884615~~250404 0.~~00000000~~000000 ~~0.00000000~~ 6-A-1 11/01/05 - 11/30/05 45,845,000.00 5.~~20598~~15970% ~~928~~792.~~06288407~~061071 43.~~02622729~~405663 0.~~00000000~~000000 ~~0.00000000~~ 7-A-1 11/01/05 - 11/30/05 95,361,000.00 5.~~21253~~18471% ~~965~~830.~~54426485~~745884 43.~~19410682~~589315 0.~~00000000~~000000 ~~0.00000000~~ 7-A-2 11/01/05 - 11/30/05 7,057,000.00 5.~~38043~~35261% ~~965~~830.~~54426527~~745884 43.~~32920221~~705551 0.~~00000000~~000000 ~~0.00000000~~ 7-A-X 11/01/05 - 11/30/05 0.00 0.16790% ~~965~~830.~~54426485~~745884 0.~~13509569~~116235 0.~~00000000~~000000 ~~0.00000000~~ A-LR N/A 50.00 5.~~69623~~69259% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A-UR N/A 50.00 5.~~69623~~69259% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ B-1 11/01/05 - 11/30/05 22,566,000.00 5.~~05291~~03327% ~~999~~998.~~11189932~~365468 4.~~20701675~~187536 0.~~00000000~~000000 ~~0.00000000~~ B-2 11/01/05 - 11/30/05 7,180,000.00 5.~~05291~~03327% ~~999~~998.~~11189972~~365468 4.~~20701671~~187536 0.~~00000000~~000000 ~~0.00000000~~ B-3 11/01/05 - 11/30/05 7,522,000.00 5.~~05291~~03327% ~~999~~998.~~11189976~~365468 4.~~20701675~~187537 0.~~00000000~~000000 ~~0.00000000~~ B-4 11/01/05 - 11/30/05 5,812,000.00 5.~~05291~~03327% ~~999~~998.~~11189952~~365468 4.~~20701652~~187536 0.~~00000000~~000000 ~~0.00000000~~ B-5 11/01/05 - 11/30/05 4,445,000.00 5.~~05291~~03327% ~~999~~998.~~11189876~~365469 4.~~20701687~~187537 0.~~00000000~~000000 ~~0.00000000~~ B-6 11/01/05 - 11/30/05 3,077,567.77 5.~~05291~~03327% ~~999~~998.~~11189608~~365466 4.~~20701702~~187537 0.~~00000000~~000000 ~~0.00000000~~ P N/A 0.01 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 1-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~22918463~~658932 0.~~00000000~~000000 ~~858~~762.~~45113510~~714194 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~19372031~~890784 0.~~00000000~~000000 ~~961~~861.~~35057577~~071589 3-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~72605034~~152708 0.~~00000000~~000000 ~~877~~773.~~15286025~~569534 4-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~97875058~~230055 0.~~00000000~~000000 ~~855~~699.~~40278651~~571142 5-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~63884615~~250404 0.~~00000000~~000000 ~~906~~834.~~98534639~~242641 6-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~02622729~~405663 0.~~00000000~~000000 ~~880~~781.~~10870237~~427490 7-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~19410682~~589315 0.~~00000000~~000000 ~~944~~817.~~10420287~~147698 7-A-2 0.~~00000000~~000000 0.~~00000000~~000000 43.~~32920221~~705551 0.~~00000000~~000000 ~~944~~817.~~10420292~~147697 7-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~13509569~~116235 0.~~00000000~~000000 ~~944~~817.~~10420287~~147698 A-LR 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-UR 0.~~00000000~~000000 0.~~00000000~~000000 1410.~~60000000~~600000 0.~~00000000~~000000 0.~~00000000~~000000 B-1 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701675~~187536 0.~~00000000~~000000 998.~~93038952~~171315 B-2 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701671~~187536 0.~~00000000~~000000 998.~~93038997~~171315 B-3 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701675~~187537 0.~~00000000~~000000 998.~~93038952~~171315 B-4 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701652~~187536 0.~~00000000~~000000 998.~~93039057~~171315 B-5 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701687~~187537 0.~~00000000~~000000 998.~~93038920~~171314 B-6 0.~~00000000~~000000 0.~~00000000~~000000 4.~~20701702~~187537 0.~~00000000~~000000 998.~~93038586~~171312 P 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 2513,~~990~~153,~~972~~691.7336 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) 8397,~~765~~478.4780 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 2134,~~528~~631.3509 Swap/Cap Payments 0.00 Total Deposits 2613,~~096~~285,~~266~~801.5525 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 173~~152,~~869~~360.8707 Payment of Interest and Principal 2513,~~922~~133,~~396~~441.6818 Total Withdrawals (Pool Distribution Amount) 2613,~~096~~285,~~266~~801.5525 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~173~~151,~~010~~926.8474 LPMI ~~859~~433.0333 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~173~~152,~~869~~360.8707 *Servicer Payees include: COUNTRYWIDE HOME LOANS INC.; EVERBANK; GMAC MTG CORP; GREENPOINT MTG FUNDING, INC; NATIONAL CITY MTG CO; PHH US MTG CORP; PROVIDENT FUNDING ASSOC. LP; WACHOVIA MORTGAGE CORPORATION; WELLS FARGO BANK, N.A.

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~ARM ~~Total~~Weighted NoAverage ofGross ~~Loans~~Coupon No5.355928% ofWeighted ~~Loans~~Average NoNet ofCoupon ~~Loans~~5.029870% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of5.029871% ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Remaining ~~Principal~~Term ~~Balance~~350 ~~Principal~~Beginning ~~Balance~~Scheduled ~~Principal~~Collateral ~~Balance~~Loan ~~Principal~~Count ~~Balance~~1,696 ~~0-29~~Number ~~Days~~Of 0Loans 0Paid 0In 0Full ~~0.00~~35 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 30Loan ~~Days~~Count 461,661 0Beginning 0Scheduled 0Collateral 46Balance 12560,~~995~~736,~~469~~800.6692 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 12Balance 549,~~995~~988,~~469~~352.6641 60Ending ~~Days~~Actual 6Collateral 0Balance 0at 030-Nov-2005 ~~6 1~~550,~~795~~086,~~675~~577.8293 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 12,~~795~~613,~~675~~112.8253 90Special ~~Days~~Servicing 0Fee 0 ~~3 0 3 0~~.00 ~~0.00~~Prepayment ~~1,419,320.54~~Penalty ~~0.00~~Waived ~~1,419,320.54~~Amount ~~120 Days~~ 0 ~~0 1 0 1 0~~.00 ~~0.00~~Prepayment ~~184,000.00~~Penalty ~~0.00~~Waived ~~184,000.00~~Count ~~150 Days 1~~ 0 1Prepayment 0Penalty 2Paid ~~650,000.00~~Amount ~~0.00 528~~34,~~000~~631.0009 ~~0.00~~Prepayment ~~1,178,000.00~~Penalty ~~180+~~Paid ~~Days~~Count 04 0Realized 0Loss 0Amount 0 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~Totals~~Scheduled 53Principal ~~0 5 0 58 15~~110,~~441,145~~391.4813 ~~0.00~~Unscheduled ~~2,131,320.54~~Principal ~~0.00 17~~10,~~572~~638,~~466~~057.02 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.465166% 0.000000% 0.000000% 0.000000% 2.465166% 2.101664% 0.000000% 0.000000% 0.000000% 2.101664% 60 Days 0.321543% 0.000000% 0.000000% 0.000000% 0.321543% 0.290402% 0.000000% 0.000000% 0.000000% 0.290402% 90 Days 0.000000% 0.000000% 0.160772% 0.000000% 0.160772% 0.000000% 0.000000% 0.229536% 0.000000% 0.229536% 120 Days 0.000000% 0.000000% 0.053591% 0.000000% 0.053591% 0.000000% 0.000000% 0.029757% 0.000000% 0.029757% 150 Days 0.053591% 0.000000% 0.053591% 0.000000% 0.107181% 0.105120% 0.000000% 0.085390% 0.000000% 0.190509% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.840300% 0.000000% 0.267953% 0.000000% 3.108253% 2.497185% 0.000000% 0.344683% 0.000000% 2.841868%38

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 7 0 0 0 7 2,101,375.78 0.00 0.00 0.00 2,101,375.78 60 Days 2 0 0 0 2 722,399.99 0.00 0.00 0.00 722,399.99 90 Days 0 0 1 0 1 0.00 0.00 348,800.00 0.00 348,800.00 120 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 9 0 1 0 10 2,823,775.77 0.00 348,800.00 0.00 3,172,575.77 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 5.785124% 0.000000% 0.000000% 0.000000% 5.785124% 6.301816% 0.000000% 0.000000% 0.000000% 6.301816% 60 Days 1.652893% 0.000000% 0.000000% 0.000000% 1.652893% 2.166405% 0.000000% 0.000000% 0.000000% 2.166405% 90 Days 0.000000% 0.000000% 0.826446% 0.000000% 0.826446% 0.000000% 0.000000% 1.046016% 0.000000% 1.046016% 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 7.438017% 0.000000% 0.826446% 0.000000% 8.264463% 8.468222% 0.000000% 1.046016% 0.000000% 9.514238% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 966,725.00 0.00 0.00 0.00 966,725.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 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 5 0 0 0 5 966,725.00 0.00 0.00 0.00 966,725.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.762431% 0.000000% 0.000000% 0.000000% 2.762431% 1.897549% 0.000000% 0.000000% 0.000000% 1.897549% 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 2.762431% 0.000000% 0.000000% 0.000000% 2.762431% 1.897549% 0.000000% 0.000000% 0.000000% 1.897549% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 8 0 0 0 8 2,877,520.62 0.00 0.00 0.00 2,877,520.62 60 Days 2 0 0 0 2 833,276.78 0.00 0.00 0.00 833,276.78 90 Days 0 0 1 0 1 0.00 0.00 732,120.54 0.00 732,120.54 120 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 10 0 1 0 11 3,710,797.40 0.00 732,120.54 0.00 4,442,917.94 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.742919% 0.000000% 0.000000% 0.000000% 1.742919% 1.686148% 0.000000% 0.000000% 0.000000% 1.686148% 60 Days 0.435730% 0.000000% 0.000000% 0.000000% 0.435730% 0.488277% 0.000000% 0.000000% 0.000000% 0.488277% 90 Days 0.000000% 0.000000% 0.217865% 0.000000% 0.217865% 0.000000% 0.000000% 0.429003% 0.000000% 0.429003% 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 2.178649% 0.000000% 0.217865% 0.000000% 2.396514% 2.174426% 0.000000% 0.429003% 0.000000% 2.603428% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 6 0 0 0 6 1,496,641.75 0.00 0.00 0.00 1,496,641.75 60 Days 2 0 0 0 2 239,999.05 0.00 0.00 0.00 239,999.05 90 Days 0 0 0 0 0 0.00 0.00 0.00 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 8 0 0 0 8 1,736,640.80 0.00 0.00 0.00 1,736,640.80 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.272727% 0.000000% 0.000000% 0.000000% 2.272727% 1.716246% 0.000000% 0.000000% 0.000000% 1.716246% 60 Days 0.757576% 0.000000% 0.000000% 0.000000% 0.757576% 0.275214% 0.000000% 0.000000% 0.000000% 0.275214% 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 3.030303% 0.000000% 0.000000% 0.000000% 3.030303% 1.991461% 0.000000% 0.000000% 0.000000% 1.991461% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 7 0 0 0 7 2,287,900.00 0.00 0.00 0.00 2,287,900.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 1 0 1 0.00 0.00 338,400.00 0.00 338,400.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 1 0 0 0 1 650,000.00 0.00 0.00 0.00 650,000.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 8 0 1 0 9 2,937,900.00 0.00 338,400.00 0.00 3,276,300.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.127660% 0.000000% 0.000000% 0.000000% 2.127660% 1.797415% 0.000000% 0.000000% 0.000000% 1.797415% 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% 0.303951% 0.000000% 0.303951% 0.000000% 0.000000% 0.265853% 0.000000% 0.265853% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.303951% 0.000000% 0.000000% 0.000000% 0.303951% 0.510651% 0.000000% 0.000000% 0.000000% 0.510651% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.431611% 0.000000% 0.303951% 0.000000% 2.735562% 2.308066% 0.000000% 0.265853% 0.000000% 2.573919% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 1,015,958.56 0.00 0.00 0.00 1,015,958.56 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 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 3 0 0 0 3 1,015,958.56 0.00 0.00 0.00 1,015,958.56 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.343750% 0.000000% 0.000000% 0.000000% 2.343750% 2.308228% 0.000000% 0.000000% 0.000000% 2.308228% 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 2.343750% 0.000000% 0.000000% 0.000000% 2.343750% 2.308228% 0.000000% 0.000000% 0.000000% 2.308228% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 2,249,347.95 0.00 0.00 0.00 2,249,347.95 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 1 0 1 0.00 0.00 184,000.00 0.00 184,000.00 150 Days 0 0 1 0 1 0.00 0.00 528,000.00 0.00 528,000.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 0 2 0 12 2,249,347.95 0.00 712,000.00 0.00 2,961,347.95 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.604167% 0.000000% 0.000000% 0.000000% 2.604167% 2.144551% 0.000000% 0.000000% 0.000000% 2.144551% 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% 0.260417% 0.000000% 0.260417% 0.000000% 0.000000% 0.175427% 0.000000% 0.175427% 150 Days 0.000000% 0.000000% 0.260417% 0.000000% 0.260417% 0.000000% 0.000000% 0.503401% 0.000000% 0.503401% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.604167% 0.000000% 0.520833% 0.000000% 3.125000% 2.144551% 0.000000% 0.678828% 0.000000% 2.823379%

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group A4 ~~Insufficient~~5 ~~Funds~~6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.506454 4.986352 5.525186 Weighted Average Net Rate 5.241347 4.623948 5.159698 Weighted Average Remaining Term 350 349 350 Beginning Loan Count 233 311 116 Loans Paid In Full 11 4 2 Ending Loan Count 222 307 114 Beginning Scheduled Balance 76,396,435.86 119,059,014.18 39,971,133.27 Ending scheduled Balance 72,671,776.99 117,856,373.42 39,483,049.20 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 353,531.78 536,828.56 190,458.53 Scheduled Principal 2,970.57 42,103.45 6,418.57 Unscheduled Principal 3,721,688.30 1,160,537.31 481,665.50 Scheduled Interest 350,561.21 494,725.11 184,039.96 Servicing Fee 16,877.71 35,956.22 12,174.16 Master Servicing Fee 0.00 ~~Principal~~0.00 ~~Balance~~0.00 ofTrustee ~~Contaminated~~Fee ~~Properties~~0.00 0.00 ~~Periodic~~0.00 ~~Advance~~FRY 83Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 333,~~765~~683.4750 458,768.89 171,865.80 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount 0.00 0.00 0.00 Prepayment Penalty Paid Count 0 0 0 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.241347 4.623948 5.159697

~~CREDIT~~Group ~~ENHANCEMENT~~Level ~~Original~~Collateral $Statement ~~Original~~Group %7 ~~Current~~Total $Collateral ~~Current~~Description %Mixed ~~Bankruptcy~~ARM ~~299~~Mixed ARM Weighted Average Coupon Rate 5.686455 5.355928 Weighted Average Net Rate 5.352613 5.029870 Weighted Average Remaining Term 350 350 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 466,~~507~~176.0003 02,613,112.~~04379938%~~53 ~~299~~Beginning Loan Count 345 1,~~507~~696 Loans Paid In Full 5 35 Ending Loan Count 340 1,661 Beginning Scheduled Balance 93,249,181.0026 0560,736,800.~~04844511%~~92 ~~Fraud~~Ending 20Scheduled Balance 91,~~514~~854,~~470~~354.0068 3549,988,352.~~00000000%~~41 20Scheduled Principal 24,~~514~~294.97 110,~~470~~391.13 Unscheduled Principal 1,370,531.61 10,638,057.38 Scheduled Interest 441,881.06 2,502,721.40 Servicing Fee 25,942.07 151,926.74 Master Servicing Fee 0.00 30.~~31820552%~~00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard ~~6,836,646~~Fee 0.00 0.~~99977908%~~00 ~~6,836,646~~Other Fee 0.00 433.33 Pool Insurance Fee 0.00 0.00 Spread 1 0.~~10582416%~~00 ~~Limit~~0.00 ofSpread ~~Subordinate's~~2 ~~Exposure~~0.00 to0.00 ~~Certain~~Spread ~~Types~~3 0.00 0.00 Net Interest 415,938.99 2,350,361.33 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 0.00 34631.09 Prepayment Penalty Paid Count 0 4 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.352613 5.029871

~~Summary~~LOAN 12STATUS ~~Month~~STRATIFICATION/CREDIT ~~REO~~ENHANCEMENT History*STATEMENT ~~New~~DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 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 ~~0.00~~Principal ~~Oct-04~~Balance ~~0.000%~~Principal ~~Current~~Balance Principal Balance ~~0.00~~Principal ~~Nov-04~~Balance 0~~.000% Dec~~-0429 Days 0~~.000%~~ ~~Current~~0 ~~REO Total Jan-05~~ 0~~.000%~~ ~~Loans in REO~~ 0 ~~Feb-05~~ 0.~~000%~~00 ~~Original Principal Balance~~ 0.00 ~~Mar-05~~ 0.~~000%~~00 ~~Current Principal Balance~~ 0.00 ~~Apr-05~~30 ~~0.000%~~Days ~~May-05~~36 1 0~~.000%~~ ~~Jun-05~~ 0~~.000%~~ ~~Jul-05~~37 011,277,642.~~000%~~32 ~~Aug-05~~84,800.00 0.~~000%~~00 *The text reported in the above table is presented graphically on the monthly bond remittance report0.00 ~~The monthly bond remittance report can be viewed online at www~~11,362,442.~~ctslink.com.~~32 160 12Days ~~Month~~10 ~~REO~~2 History*0 ~~New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Sep-04~~12 02,781,871.~~000%~~98 ~~Original Principal Balance 0~~302,800.00 ~~Oct-04~~ 0.~~000%~~00 ~~Current Principal Balance~~ 0.00 ~~Nov-04 0~~3,084,671.~~000%~~98 ~~Dec-04~~90 ~~0.000%~~Days ~~Current~~7 ~~REO~~0 ~~Total~~0 ~~Jan-05~~ 0~~.000%~~ ~~Loans~~7 in2,412,339.51 ~~REO~~ 0.00 ~~Feb-05~~ 0.~~000%~~00 ~~Original Principal Balance~~ 0.00 ~~Mar-05 0~~2,412,339.~~000%~~51 ~~Current~~120 ~~Principal~~Days ~~Balance~~0 0~~.00~~ ~~Apr-05~~2 0~~.000%~~ ~~May-05~~2 0.~~000%~~00 ~~Jun-05~~ 0.~~000%~~00 ~~Jul-05 0~~786,638.~~000%~~39 ~~Aug-05~~ 0.~~000%~~00 *The text reported in the above table is presented graphically on the monthly bond remittance report786,638.39 ~~The~~150 ~~monthly~~Days ~~bond~~0 ~~remittance~~1 ~~report can be viewed online at www.ctslink.com.~~ 2 ~~12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Sep-04~~3 0.~~000%~~00 ~~Original Principal Balance 0~~426,400.00 ~~Oct-04 0~~512,800.~~000%~~00 ~~Current Principal Balance~~ 0.00 ~~Nov-04 0~~939,200.~~000%~~00 ~~Dec-04~~180+ ~~0.000%~~Days ~~Current~~1 ~~REO Total Jan-05~~ 0~~.000%~~ ~~Loans~~3 ~~in REO~~ 0 ~~Feb-05~~4 0.650,000%.00 ~~Original Principal Balance~~ 0.00 ~~Mar-~~956,118.05 0.~~000%~~00 ~~Current~~1,606,118.05 ~~Principal~~Totals ~~Balance~~54 ~~0.00~~4 ~~Apr-05~~7 0~~.000%~~ ~~May-05~~65 017,121,853.~~000%~~81 ~~Jun-05 0.~~814,000%.00 ~~Jul-05 0~~2,255,556.~~000%~~44 ~~Aug-05~~ 0.~~000%~~00 *The text reported in the above table is presented graphically on the monthly bond remittance report20,191,410.25 ~~The~~No ~~monthly~~of ~~bond~~Loans ~~remittance~~No ~~report~~of ~~can~~Loans beNo ~~viewed~~of ~~online~~Loans atNo ~~www.ctslink.com.~~of ~~3 12 Month REO History* New REO~~ Loans ~~Month~~No ~~REO~~of ~~Percentage~~ Loans inPrincipal ~~REO~~Balance 0Principal ~~Sep-04~~Balance ~~0.000%~~Principal ~~Original~~Balance Principal Balance ~~0.00 Oct-04 0.000% Current~~ Principal Balance 0~~.00 Nov~~-0429 Days 0.~~000~~000000% ~~Dec-04~~ 0.~~000~~000000% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~000000% ~~Original Principal Balance~~ 0.00000000% ~~Mar-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05~~ 0.~~000~~000000% ~~May-05~~30 0Days 2.~~000~~167369% ~~Jun-05~~ 0.~~000~~060205% ~~Jul-05~~ 0.~~000~~000000% ~~Aug-05~~ 0.~~000~~000000% *The text reported in the above table is presented graphically on the monthly bond remittance report2.227574% ~~The monthly bond remittance report can be viewed online at www~~2.~~ctslink.com.~~050158% ~~4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Sep-04 0~~.~~000~~015416% ~~Original Principal Balance~~ 0.~~00 Oct-04 0.000~~000000% ~~Current Principal Balance~~ 0.~~00 Nov-04 0.000~~000000% ~~Dec-04 0~~2.~~000~~065573% ~~Current~~60 ~~REO~~Days ~~Total Jan-05~~ 0.~~000~~602047% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~120409% ~~Original Principal Balance~~ 0.00000000% ~~Mar-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00722456% ~~Apr-05~~ 0.~~000~~505715% ~~May-05~~ 0.~~000~~055046% ~~Jun-05~~ 0.~~000~~000000% ~~Jul-05~~ 0.~~000~~000000% ~~Aug-05~~ 0.~~000~~560761% *The90 ~~text~~Days 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. 5 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Sep-04 0~~.~~000~~421433% ~~Original Principal Balance~~ 0.00000000% ~~Oct-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~Nov-04~~ 0.~~000~~421433% ~~Dec-04~~ 0.~~000~~438538% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~000000% ~~Original Principal Balance~~ 0.00000000% ~~Mar-05~~ 0.~~000~~438538% ~~Current~~120 ~~Principal~~Days ~~Balance~~ 0.00000000% ~~Apr-05~~ 0.~~000~~000000% ~~May-05~~ 0.~~000~~120409% ~~Jun-05~~ 0.~~000~~000000% ~~Jul-05~~ 0.~~000~~120409% ~~Aug-05~~ 0.~~000~~000000% *The text reported in the above table is presented graphically on the monthly bond remittance report0.000000% ~~The monthly bond remittance report can be viewed online at www.ctslink.com. 6 12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Sep-04 0~~.~~000~~143003% ~~Original Principal Balance~~ 0.00000000% ~~Oct-04~~ 0.~~000~~143003% ~~Current~~150 ~~Principal~~Days ~~Balance~~ 0.00000000% ~~Nov-04~~ 0.~~000~~060205% ~~Dec-04~~ 0.~~000~~120409% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~180614% ~~Original Principal Balance~~ 0.00000000% ~~Mar-05~~ 0.~~000~~077515% ~~Current Principal Balance~~ 0.00093222% ~~Apr-05~~ 0.~~000~~000000% ~~May-05~~ 0.~~000~~170737% ~~Jun-05~~180+ Days 0.~~000~~060205% ~~Jul-05~~ 0.~~000~~000000% ~~Aug-05~~ 0.~~000~~180614% *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. 7 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Sep-04 0~~.~~000~~000000% ~~Original Principal Balance~~ 0.00240819% ~~Oct-04~~ 0.~~000~~118163% ~~Current Principal Balance~~ 0.00000000% ~~Nov-04~~ 0.~~000~~173812% ~~Dec-04~~ 0.~~000~~000000% ~~Current REO Total Jan-05~~ 0.~~000~~291976% ~~Loans~~Totals ~~in REO 0 Feb-05 0~~3.~~000~~251054% ~~Original Principal Balance~~ 0.00240819% ~~Mar-05~~ 0.~~000~~421433% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05 0~~3.~~000~~913305% ~~May-05 0~~3.~~000~~112574% ~~Jun-05~~ 0.~~000~~147977% ~~Jul-05~~ 0.~~000~~410037% ~~Aug-05~~ 0.~~000~~000000% *The text reported in the above table is presented graphically on the monthly bond remittance report3. ~~The monthly bond remittance report can be viewed online at www.ctslink.com.~~670588%

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 42 ~~Sep~~Jan-0405 0.000% Original Principal Balance 1788,~~785,400~~000.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 1786,~~782,520~~638.5439 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 57 ~~Feb~~Jun-05 0.000% Original Principal Balance 2,~~134~~256,~~200~~919.00 ~~Mar~~Jul-05 0.~~000~~054% Current Principal Balance 2,~~131~~255,~~320~~556.5444 ~~Apr~~Aug-05 0.~~000~~345% ~~May~~Sep-05 0.~~000~~239% ~~Jun~~Oct-05 0.~~000~~320% ~~Jul~~Nov-05 0.~~054~~262% ~~Aug~~Dec-05 0.~~345~~410% *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 01 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0176,000.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0174,638.0039 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 13 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~348~~677,~~800~~600.00 ~~Mar~~Jul-05 01.~~000~~011% Current Principal Balance ~~348~~676,~~800~~238.0039 ~~Apr~~Aug-05 01.~~000~~046% ~~May~~Sep-05 01.~~000~~058% ~~Jun~~Oct-05 02.~~000~~494% ~~Jul~~Nov-05 1.~~011~~659% ~~Aug~~Dec-05 12.~~046~~259% *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 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 0 ~~Feb~~Jun-05 0.000% Original Principal Balance 0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0.00 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.000% ~~Aug~~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 1 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~735~~612,000.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~732~~612,~~120~~000.5400 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 12 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~735~~1,~~000~~157,719.00 ~~Mar~~Jul-05 0.000% Current Principal Balance ~~732~~1,~~120~~157,719.5400 ~~Apr~~Aug-05 0.~~000~~429% ~~May~~Sep-05 0.~~000~~335% ~~Jun~~Oct-05 0.~~000~~342% ~~Jul~~Nov-05 0.~~000~~355% ~~Aug~~Dec-05 0.~~429~~761% *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 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 02 ~~Feb~~Jun-05 0.000% Original Principal Balance 0421,600.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0421,599.0005 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.~~000~~552% ~~Aug~~Dec-05 0.~~000~~580% *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. 5 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~338,400~~0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~338,400~~0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 10 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~338,400~~0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance ~~338,400~~0.00 ~~Apr~~Aug-05 0.~~000~~266% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.000% ~~Aug~~Dec-05 0.~~266~~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. 6 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 0 ~~Feb~~Jun-05 0.000% Original Principal Balance 0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0.00 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.000% ~~Aug~~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. 7 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 20 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~712,000~~0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~712,000~~0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 20 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~712,000~~0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance ~~712,000~~0.00 ~~Apr~~Aug-05 0.~~000~~679% ~~May~~Sep-05 0.~~000~~521% ~~Jun~~Oct-05 0.~~000~~543% ~~Jul~~Nov-05 0.000% ~~Aug~~Dec-05 0.~~679~~000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance 1 0060003371 Dec-2005 01-Nov-2004 IN 80.00 176,000.00 1 2102108308 Jul-2005 01-Mar-2005 MO 80.00 348,800.00 31 ~~0000009814~~2104105234 ~~Aug~~Nov-2005 01-~~Jan~~Mar-2005 NYCO 7380.5000 ~~735~~152,~~000~~800.00 53 ~~2111106716~~0055349858 ~~Aug~~Sep-2005 01-Mar-2005 FLCA 80.00 ~~338~~545,~~400~~719.00 73 ~~0085685881~~0085818896 ~~Aug~~Dec-2005 01-Feb-2005 MDCA 80.00 ~~184~~612,000.00 74 ~~0202011078~~0085563989 ~~Aug~~Nov-2005 01-Feb-2005 AZIL 80.00 ~~528~~360,000.00 4 0085781136 Nov-2005 01-Feb-2005 TX 80.00 61,600.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest 1 0060003371 174,638.39 01-Jul-2005 4 6.875% 5,668.09 1 2102108308 348,800.00 01-Apr-2005 37 6.625% 916,~~083~~350.3503 31 ~~0000009814~~2104105234 ~~732~~152,~~120~~800.5400 01-~~Apr~~Jun-2005 35 65.~~125~~750% 174,~~519~~790.3794 53 ~~2111106716~~0055349858 ~~338~~545,~~400~~719.00 01-~~Apr~~May-2005 3 6 5.~~875~~125% 917,~~165~~735.0084 73 ~~0085685881~~0085818896 ~~184~~612,000.00 01-~~Mar~~Jul-2005 4 5.~~750~~875% 517,~~060~~212.0450 74 ~~0202011078~~0085563989 ~~528~~360,000.00 01-~~Feb~~Jun-2005 5 6.250% 1512,~~840~~600.00 4 0085781136 61,599.05 01-May-2005 6 6.500% 2,566.64

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 5Percentage Loans in Bankruptcy 1 Jan-05 0.~~378051~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~174,800.00 5Feb-05 0.~~052776~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 174,800.00 Mar-~~Through~~05 ~~Rate~~0.000% 5Apr-05 0.~~052777~~000% ~~Weighted~~Current ~~Average~~Bankruptcy ~~Maturity(Stepdown~~Total ~~Calculation)~~May-05 ~~354~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~Bankruptcy ~~Loan~~4 ~~Count~~Jun-05 10.000% Original Principal Balance 814,~~928~~000.00 ~~Number~~Jul-05 Of0.000% Current Principal Balance 814,000.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.114% Dec-05 0.148% *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. 1 12 Month Bankruptcy History* New Bankruptcy Loans ~~Paid~~Month InBankruptcy ~~Full~~Percentage 62Loans ~~Ending~~in ~~Scheduled~~Bankruptcy ~~Collateral~~0 ~~Loan~~Jan-05 ~~Count~~0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 1~~,866~~ ~~Beginning~~Jun-05 ~~Scheduled~~0.000% ~~Collateral~~Original Principal Balance ~~641~~426,~~439,875~~400.2200 ~~Ending~~Jul-05 ~~Scheduled~~0.000% ~~Collateral~~Current Principal Balance ~~618~~426,~~239,884~~400.4700 ~~Ending~~Aug-05 ~~Actual~~0.000% ~~Collateral~~Sep-05 0.000% Oct-05 0.000% Nov-05 1.411% Dec-05 1.424% *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 Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 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 29www.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 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-~~2005~~05 ~~618~~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. 4 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 1 Jun-05 0.000% Original Principal Balance 128,~~342,054~~000.7100 ~~Monthly~~Jul-05 ~~P&I~~0.000% ~~Constant~~Current 2Principal Balance 128,~~991,606~~000.8200 ~~Special~~Aug-05 ~~Servicing~~0.000% ~~Fee~~Sep-05 0.000% Oct-05 0.000% Nov-05 0.168% Dec-05 0.176% *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. 5 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 ~~Prepayment~~Feb-05 ~~Penalties~~0.000% ~~21,528~~Current Principal Balance 0.3500 ~~Realized~~Mar-05 ~~Loss~~0.000% ~~Amount~~Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 ~~Cumulative~~Jul-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Scheduled~~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. 6 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal ~~116~~Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 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. 7 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 174,~~859~~800.7600 ~~Unscheduled~~Feb-05 0.000% Current Principal 23Balance 174,~~083~~800.00 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 259,~~130~~600.9900 Jul-05 0.000% Current Principal Balance 259,600.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.091% Dec-05 0.283% *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~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 1Loans 2in 3Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~Group ~~Mixed~~Loan ~~ARM~~Month ~~Mixed ARM Weighted Average Coupon Rate 6.098588 5.463229 5.176565 Weighted Average Net Rate 5.724026 5.176982 4.864969 Weighted Average Maturity 352 353 353 Beginning~~ Loan ~~Count~~First ~~125~~State ~~183~~LTV ~~476~~at ~~Loans~~Original ~~Paid~~Number InEntered ~~Full~~Payment 4Origination 2Principal 17Bankruptcy ~~Ending~~Date ~~Loan Count 121 181 459 Beginning Scheduled~~ Balance ~~34,500,881.66~~1 ~~51,469,307.69~~5321929101 ~~178,110,103.09~~Nov-2005 ~~Ending~~01-Feb-2005 ~~Scheduled~~RI ~~Balance 33,333,769.~~80 ~~50,943,905~~.8400 ~~170~~426,~~634,113~~400.6000 ~~Record~~4 ~~Date~~0085540540 ~~07/29/~~Nov-2005 ~~07/29/~~01-Jan-2005 ~~07/29/2005~~GA ~~Principal And Interest Constant 188,325~~77.9058 ~~237~~128,~~217~~000.2200 ~~789,595.55 Scheduled Principal 12,987.02 2,893.36 21,263.45 Unscheduled Principal 1,154,124.84 522,508.49~~ 7~~,454,726.04~~ ~~Scheduled~~0201934106 ~~Interest~~Dec-2005 ~~175,338.88~~01-Feb-2005 ~~234,323.86~~FL ~~768,332~~80.1000 ~~Servicing Fees 10~~174,~~768~~800.~~92 12,277.45 46,248.66 Master Servicing Fees 0.~~00 ~~0.00~~7 ~~0.00~~2114102032 ~~Trustee~~Nov-2005 ~~Fee~~01-Mar-2005 ~~0.00~~MS 080.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 859.03 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 16384,~~710~~800.~~93 222,046.41 722,083.44 Realized Loss Amount 0.~~00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.694148 5.176982 4.864969

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 4Loans 5in 6Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~(continued) ~~Mixed~~Group ~~ARM Mixed ARM Weighted Average Coupon Rate 5.511521 4.995799 5.570193 Weighted Average Net Rate 5.244843 4.635664 5.205976 Weighted Average Maturity 353 352 353 Beginning~~ Loan ~~Count~~Current ~~277~~Paid ~~340~~To ~~135~~Months ~~Loans~~Current ~~Paid~~Approximate InNumber ~~Full~~Principal 13Date 11Delinquent ~~7 Ending~~ Loan ~~Count~~Rate ~~264~~Delinquent ~~329 128 Beginning Scheduled~~ Balance ~~92,322,641.62~~Interest ~~131,765,149.99~~1 ~~46,208,470.51~~5321929101 ~~Ending scheduled Balance 87~~426,~~201,835~~400.8500 ~~127,251,360.56 44,009,437.50 Record Date 07/29/~~01-Jun-2005 ~~07/29/2005~~5 ~~07/29/2005 Principal And Interest Constant 428,143~~7.47125% ~~590~~16,~~585~~789.5450 ~~221,730.25 Scheduled Principal~~ 4~~,111.67~~ ~~42,025.35~~0085540540 7128,~~238~~000.4900 ~~Unscheduled~~01-Sep-2005 ~~Principal~~2 ~~5,116,694~~6.10000% ~~4,471,764.08~~ 2,~~191,794~~453.5232 ~~Scheduled~~7 ~~Interest~~0201934106 ~~424~~174,~~031~~800.~~80 548,560.19 214,491.76 Servicing Fees 20,516.97 39,544.37 14,024.94 Master Servicing Fees 0.~~00 ~~0.00~~01-Sep-2005 ~~0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread~~ 2 06.00750% ~~0.00 0.00 Spread~~ 3 0,787.0032 ~~0.00~~7 ~~0.00~~2114102032 ~~Net Interest 403~~84,~~514~~800.~~83 509,015.82 200,466.82 Realized Loss Amount 0.~~00 ~~0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass~~01-~~Through~~Oct-2005 ~~Rate~~1 5.~~244843~~750% 41,139.~~635664 5.205976~~49

Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.712527 5.378051 Weighted Average Net Rate 5.380430 5.052776 Weighted Average Maturity 353.00 354.00 Record Date 07/29/2005 07/29/2005 Principal And Interest Constant 536,008.89 2,991,606.82 Beginning Loan Count 392 1,928 Loans Paid In Full 8 62 Ending Loan Count 384 1,866 Beginning Scheduled Balance 107,063,320.66 641,439,875.22 Ending Scheduled Balance 104,865,461.32 618,239,884.47 Scheduled Principal 26,340.42 116,859.76 Unscheduled Principal 2,171,518.92 23,083,130.99 Scheduled Interest 509,668.47 2,874,747.06 Servicing Fee 29,629.53 173,010.84 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 859.03 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 480,038.94 2,700,877.19 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 5.380430 5.052777

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 1 4 1,150,850.00 1,146,195.80 0 0.00 0.00 2 2 519,900.00 518,965.98 0 0.00 0.00 3 17 7,141,400.00 7,129,792.92 0 0.00 0.00 4 13 5,119,900.00 5,113,883.83 0 0.00 0.00 5 11 4,181,800.00 4,177,674.91 0 0.00 0.00 6 7 2,188,800.00 2,188,330.43 0 0.00 0.00 7 8 2,155,000.00 2,153,854.03 0 0.00 0.00 Total 62 22,457,650.00 22,428,697.90 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 1 0 0.00 0.00 0 0.00 0.00 8,628.14 2 0 0.00 0.00 0 0.00 0.00 3,687.75 3 0 0.00 0.00 0 0.00 0.00 325,132.89 4 0 0.00 0.00 0 0.00 0.00 3,829.19 5 0 0.00 0.00 0 0.00 0.00 294,503.26 6 0 0.00 0.00 0 0.00 0.00 3,543.63 7 0 0.00 0.00 0 0.00 0.00 17,833.64 Total 0 0.00 0.00 0 0.00 0.00 657,158.50

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0060003088 FL 85.00 01-Sep-2004 208,250.00 205,922.35 1 0080011902 CA 75.00 01-Mar-2005 525,000.00 522,043.43 1 2103101976 NV 80.00 01-Nov-2004 280,800.00 280,730.92 1 2113108889 VA 80.00 01-Feb-2005 136,800.00 136,800.00 2 0040236575 AZ 79.99 01-Feb-2005 151,900.00 150,899.32 2 0085740991 VA 80.00 01-Feb-2005 368,000.00 367,921.42 3 0032831233 CO 80.00 01-Mar-2005 534,400.00 534,400.00 3 0040193332 CA 80.00 01-Feb-2005 207,600.00 207,600.00 3 0040195005 CA 80.00 01-Dec-2004 180,000.00 178,235.30 3 0040217076 CA 80.00 01-Feb-2005 420,700.00 420,700.00 3 0040232797 NJ 65.00 01-Feb-2005 279,500.00 279,500.00 3 0080323201 CA 67.27 01-Mar-2005 391,500.00 391,500.00 3 0085024909 NY 80.00 01-Feb-2005 560,000.00 559,992.28 3 0085517159 CA 76.92 01-Feb-2005 650,000.00 650,000.00 3 0085556488 CA 80.00 01-Feb-2005 694,100.00 694,100.00 3 0085625523 CA 79.98 01-Feb-2005 321,500.00 320,000.00 3 0085634731 CA 80.00 01-Feb-2005 630,400.00 630,400.00 3 0085635258 VA 80.00 01-Feb-2005 327,900.00 327,900.00 3 0085653392 MA 70.00 01-Mar-2005 81,550.00 81,350.00 3 0085695518 CA 80.00 01-Feb-2005 420,000.00 420,000.00 3 1114090357 NV 80.00 01-Nov-2004 636,000.00 627,687.05 3 2414090076 CO 75.00 01-Nov-2004 348,750.00 348,750.00 3 3314090020 KY 74.39 01-Dec-2004 457,500.00 457,478.52 4 0040243474 CA 79.98 01-Feb-2005 467,900.00 467,900.00 4 0085356467 CA 80.00 01-Jan-2005 600,000.00 600,000.00 4 0085418945 MI 80.00 01-Feb-2005 600,000.00 595,446.28 4 0085442606 AZ 80.00 01-Feb-2005 238,400.00 238,400.00 4 0085573996 IL 80.00 01-Feb-2005 292,000.00 289,982.61 4 0085623890 CA 80.00 01-Feb-2005 552,000.00 551,998.00 4 0085685931 NC 80.00 01-Feb-2005 59,200.00 58,740.07 4 0085688331 CA 80.00 01-Feb-2005 288,000.00 287,997.97 4 0085700284 CA 76.05 01-Feb-2005 500,000.00 500,000.00 4 0085780336 CA 80.00 01-Mar-2005 344,000.00 344,000.00 4 0085794998 CA 80.00 01-Feb-2005 488,000.00 487,999.98 4 0201993177 CA 80.00 01-Feb-2005 330,400.00 330,400.00 4 1810196594 CA 80.00 01-Dec-2004 360,000.00 360,000.00 5 0003611966 CA 79.34 01-Dec-2004 361,000.00 361,000.00 5 0003636091 CA 80.00 01-Dec-2004 460,000.00 460,000.00 5 0003647148 WA 80.00 01-Dec-2004 535,200.00 535,200.00 5 0003678416 WA 79.98 01-Jan-2005 366,400.00 363,139.69 5 0032204206 MD 80.00 01-Feb-2005 309,600.00 309,600.00 5 0128303849 CA 55.56 01-Feb-2005 125,000.00 125,000.00 5 0414100063 AZ 61.40 01-Dec-2004 350,000.00 349,737.72 5 0714080143 CA 79.99 01-Dec-2004 689,600.00 689,600.00 5 3614110013 CO 80.00 01-Jan-2005 220,000.00 218,983.41 5 4414110083 VA 74.40 01-Feb-2005 340,000.00 340,000.00 5 4714120041 IL 68.00 01-Mar-2005 425,000.00 425,000.00 6 0020041107 NJ 80.00 01-Mar-2005 92,000.00 91,529.53 6 0028655470 IL 70.00 01-Jan-2005 700,000.00 699,998.00 6 0029545134 FL 86.88 01-Feb-2005 278,000.00 277,940.00 6 0029719994 OH 76.53 01-Feb-2005 182,900.00 182,883.37 6 0040238535 CA 55.00 01-Feb-2005 220,000.00 220,000.00 6 0085454858 CA 79.99 01-Feb-2005 447,900.00 447,900.00 6 0085616365 WA 80.00 01-Feb-2005 268,000.00 267,999.99 7 0029418480 UT 80.00 01-Feb-2005 112,000.00 111,129.93 7 0029673548 PA 80.00 01-Feb-2005 41,600.00 41,292.46 7 0040219745 CA 70.00 01-Feb-2005 322,000.00 322,000.00 7 0085509560 MD 80.00 01-Feb-2005 332,800.00 332,799.99 7 0085563963 MN 80.00 01-Feb-2005 92,000.00 91,862.90 7 0085722619 AZ 80.00 01-Feb-2005 427,400.00 427,400.00 7 2103103110 NC 80.00 01-Mar-2005 456,000.00 456,000.00 7 2111106734 FL 80.00 01-Mar-2005 371,200.00 371,200.00

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0060003088 Loan Paid in Full 0 6.500% 360 11 1 0080011902 Loan Paid in Full 0 6.375% 360 5 1 2103101976 Loan Paid in Full (1) 5.875% 360 9 1 2113108889 Loan Paid in Full 0 5.500% 360 6 2 0040236575 Loan Paid in Full 0 6.375% 360 6 2 0085740991 Loan Paid in Full (1) 5.125% 360 6 3 0032831233 Loan Paid in Full (1) 5.250% 360 5 3 0040193332 Loan Paid in Full (1) 5.625% 360 6 3 0040195005 Loan Paid in Full 0 5.625% 360 8 3 0040217076 Loan Paid in Full 0 5.750% 360 6 3 0040232797 Loan Paid in Full 0 5.500% 360 6 3 0080323201 Loan Paid in Full 0 6.375% 360 5 3 0085024909 Loan Paid in Full (1) 5.250% 360 6 3 0085517159 Loan Paid in Full 0 5.625% 360 6 3 0085556488 Loan Paid in Full 0 5.750% 360 6 3 0085625523 Loan Paid in Full 0 6.125% 360 6 3 0085634731 Loan Paid in Full 0 5.375% 360 6 3 0085635258 Loan Paid in Full 0 6.375% 360 6 3 0085653392 Loan Paid in Full 0 5.875% 360 5 3 0085695518 Loan Paid in Full 0 5.375% 360 6 3 1114090357 Loan Paid in Full 0 4.375% 360 9 3 2414090076 Loan Paid in Full 0 4.250% 360 9 3 3314090020 Loan Paid in Full (1) 4.750% 360 8 4 0040243474 Loan Paid in Full (1) 5.250% 360 6 4 0085356467 Loan Paid in Full 0 5.000% 360 7 4 0085418945 Loan Paid in Full 0 5.625% 360 6 4 0085442606 Loan Paid in Full 0 5.875% 360 6 4 0085573996 Loan Paid in Full (1) 6.125% 360 6 4 0085623890 Loan Paid in Full (1) 5.125% 360 6 4 0085685931 Loan Paid in Full (1) 5.500% 360 6 4 0085688331 Loan Paid in Full 0 5.625% 360 6 4 0085700284 Loan Paid in Full 0 5.125% 360 6 4 0085780336 Loan Paid in Full 0 5.500% 360 5 4 0085794998 Loan Paid in Full (1) 5.375% 360 6 4 0201993177 Loan Paid in Full (1) 5.000% 360 6 4 1810196594 Loan Paid in Full 0 5.625% 360 8 5 0003611966 Loan Paid in Full 0 5.625% 360 8 5 0003636091 Loan Paid in Full 0 5.500% 360 8 5 0003647148 Loan Paid in Full 0 6.250% 360 8 5 0003678416 Loan Paid in Full 0 5.500% 360 7 5 0032204206 Loan Paid in Full 0 5.750% 360 6 5 0128303849 Loan Paid in Full (1) 5.750% 360 6 5 0414100063 Loan Paid in Full 0 4.875% 360 8 5 0714080143 Loan Paid in Full 0 5.000% 360 8 5 3614110013 Loan Paid in Full 0 4.875% 360 7 5 4414110083 Loan Paid in Full (1) 4.750% 360 6 5 4714120041 Loan Paid in Full (1) 4.875% 360 5 6 0020041107 Loan Paid in Full 1 6.875% 360 5 6 0028655470 Loan Paid in Full 0 5.250% 360 7 6 0029545134 Loan Paid in Full 0 5.250% 360 6 6 0029719994 Loan Paid in Full 0 5.420% 360 6 6 0040238535 Loan Paid in Full 0 6.000% 360 6 6 0085454858 Loan Paid in Full 0 6.375% 360 6 6 0085616365 Loan Paid in Full (1) 6.250% 360 6 7 0029418480 Loan Paid in Full 1 5.500% 360 6 7 0029673548 Loan Paid in Full 0 6.000% 360 6 7 0040219745 Loan Paid in Full 0 5.500% 360 6 7 0085509560 Loan Paid in Full 0 6.250% 360 6 7 0085563963 Loan Paid in Full 0 5.625% 360 6 7 0085722619 Loan Paid in Full 0 6.625% 360 6 7 2103103110 Loan Paid in Full (1) 5.750% 360 5 7 2111106734 Loan Paid in Full 0 7.000% 360 5

Summary SMM CPR PSA Current Month 3.599% Current Month 35.589% Current Month 2,752.094% 3 Month Average 2.309% 3 Month Average 24.024% 3 Month Average 2,151.843% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 2.785% N/A Mar-2005 951.319% N/A Apr-2005 13.417% N/A Apr-2005 2,728.293% N/A May-2005 16.629% N/A May-2005 2,402.086% N/A Jun-2005 17.837% N/A Jun-2005 1,997.507% N/A Jul-2005 18.647% N/A Jul-2005 1,705.928% N/A Aug-2005 35.589% N/A Aug-2005 2,752.094% 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. 1 SMM CPR PSA Current Month 3.346% Current Month 33.532% Current Month 2,669.457% 3 Month Average 2.645% 3 Month Average 26.855% 3 Month Average 2,621.435% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 0.040% N/A Mar-2005 15.748% N/A Apr-2005 5.685% N/A Apr-2005 1,256.547% N/A May-2005 47.004% N/A May-2005 7,128.993% N/A Jun-2005 34.961% N/A Jun-2005 4,058.247% N/A Jul-2005 12.072% N/A Jul-2005 1,136.600% N/A Aug-2005 33.532% N/A Aug-2005 2,669.457% 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. 2 SMM CPR PSA Current Month 1.015% Current Month 11.525% Current Month 976.908% 3 Month Average 0.797% 3 Month Average 9.128% 3 Month Average 915.427% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 0.032% N/A Mar-2005 17.672% N/A Apr-2005 1.131% N/A Apr-2005 296.200% N/A May-2005 12.502% N/A May-2005 2,157.984% N/A Jun-2005 5.747% N/A Jun-2005 737.506% N/A Jul-2005 10.112% N/A Jul-2005 1,031.866% N/A Aug-2005 11.525% N/A Aug-2005 976.908% 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. 3 SMM CPR PSA Current Month 4.186% Current Month 40.138% Current Month 3,121.963% 3 Month Average 2.469% 3 Month Average 25.165% 3 Month Average 2,232.349% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 6.514% N/A Mar-2005 2,293.555% N/A Apr-2005 18.943% N/A Apr-2005 3,910.880% N/A May-2005 22.964% N/A May-2005 3,357.680% N/A Jun-2005 15.280% N/A Jun-2005 1,725.342% N/A Jul-2005 20.076% N/A Jul-2005 1,849.742% N/A Aug-2005 40.138% N/A Aug-2005 3,121.963% 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. 4 SMM CPR PSA Current Month 5.542% Current Month 49.552% Current Month 4,196.739% 3 Month Average 3.721% 3 Month Average 35.821% 3 Month Average 3,626.508% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 0.052% N/A Mar-2005 28.112% N/A Apr-2005 2.906% N/A Apr-2005 756.782% N/A May-2005 27.642% N/A May-2005 4,742.534% N/A Jun-2005 30.705% N/A Jun-2005 3,917.759% N/A Jul-2005 27.206% N/A Jul-2005 2,765.027% N/A Aug-2005 49.552% N/A Aug-2005 4,196.739% 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. 5 SMM CPR PSA Current Month 3.395% Current Month 33.930% Current Month 2,309.364% 3 Month Average 1.949% 3 Month Average 20.324% 3 Month Average 1,580.371% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 (0.090)% N/A Mar-2005 (19.132)% N/A Apr-2005 24.097% N/A Apr-2005 3,606.318% N/A May-2005 7.197% N/A May-2005 828.344% N/A Jun-2005 20.239% N/A Jun-2005 1,895.509% N/A Jul-2005 6.802% N/A Jul-2005 536.238% N/A Aug-2005 33.930% N/A Aug-2005 2,309.364% 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. 6 SMM CPR PSA Current Month 4.744% Current Month 44.191% Current Month 3,491.696% 3 Month Average 3.507% 3 Month Average 34.055% 3 Month Average 3,111.223% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 10.269% N/A Mar-2005 3,831.116% N/A Apr-2005 0.362% N/A Apr-2005 77.404% N/A May-2005 0.188% N/A May-2005 28.175% N/A Jun-2005 18.853% N/A Jun-2005 2,169.131% N/A Jul-2005 39.120% N/A Jul-2005 3,672.842% N/A Aug-2005 44.191% N/A Aug-2005 3,491.696% 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. 7 SMM CPR PSA Current Month 2.029% Current Month 21.804% Current Month 1,725.643% 3 Month Average 1.333% 3 Month Average 14.582% 3 Month Average 1,296.484% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 0.951% N/A Mar-2005 360.994% N/A Apr-2005 11.872% N/A Apr-2005 2,572.576% N/A May-2005 0.175% N/A May-2005 26.437% N/A Jun-2005 4.389% N/A Jun-2005 509.034% N/A Jul-2005 17.552% N/A Jul-2005 1,654.775% N/A Aug-2005 21.804% N/A Aug-2005 1,725.643% 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~~011% 3 Month Average 0.~~000~~671% 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~~Jan-~~2004~~2005 N/A N/A ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jul~~Nov-2005 0.~~000~~032% N/A ~~Jul~~Nov-2005 02.~~000~~014% N/A ~~Aug~~Dec-2005 0.000% N/A ~~Aug~~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~~127% 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~~Jan-~~2004~~2005 N/A N/A ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 N/A N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jul~~Nov-2005 0.~~000~~381% N/A ~~Jul~~Nov-2005 0.000% N/A ~~Aug~~Dec-2005 0.000% N/A ~~Aug~~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 · MASTR Adjustable Rate Mortgages 2005-2