8-K 1 mam05003_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 2005-3 (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-64 Pooling and Servicing Agreement) (Commission 54-2169469 (State or other File Number) 54-2169470 jurisdiction 54-2169471 of Incorporation) 54-2169472 54-6658771 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 2005-3 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 2005-3 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 2005-3 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 2005-3 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 2005-3 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 2005-3 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 576433YN0 ~~SEN 3~~4.~~71000~~44375% 5138,~~988~~786,~~532~~834.5095 ~~166~~153,~~088~~208.9200 1-A-2 576433ZC3 ~~SEN 3~~4.~~77000~~50375% 54,~~776~~309,~~408~~577.5138 1817,~~752~~252.4767 1-A-X 576433YP5 ~~IO 2~~1.~~27513~~86094% 0.00 ~~109~~66,~~518~~833.8003 2-A-1 576433YQ3 ~~SEN~~ 5.~~20077~~18905% 7163,~~698~~409,~~772~~652.6780 ~~310~~274,~~740~~196.7265 3-A-1 576433YR1 ~~SEN~~ 5.~~53461~~52583% 8476,~~983~~533,~~961~~019.9287 ~~391~~352,~~961~~423.1991 3-A-2 576433ZD1 ~~SEN~~ 5.~~59352~~58474% 87,~~499~~653,~~043~~884.0047 3935,~~616~~620.3382 3-A-X 576433ZE9 IO 0.05891% 0.00 43,~~172~~757.0013 4-A-1 576433YS9 ~~SEN~~ 5.~~31138~~31786% 1110,~~052~~432,~~293~~604.1076 4846,~~919~~232.1159 5-A-1 576433YV2 ~~SEN~~ 5.~~41585~~39136% 1110,~~288~~604,~~460~~490.9551 5047,~~947~~643.1989 A-LR 576433YX8 ~~RES~~ 6.~~08347~~43883% 0.00 0.00 A-UR 576433YY6 ~~RES~~ 6.~~08347~~43883% 0.00 0.3934 B-1 576433YZ3 ~~SUB~~ 5.~~59908~~71564% 13,~~225~~214,~~549~~301.2716 6162,~~709~~940.0411 B-2 576433ZA7 ~~SUB~~ 5.~~59908~~71564% 5,~~499~~494,~~238~~561.7473 2526,~~658~~170.8876 B-3 576433ZB5 ~~SUB~~ 5.~~59908~~71564% 4,~~011~~008,~~526~~115.8007 1819,~~717~~090.3777 B-4 576433ZF6 ~~SUB~~ 5.~~59908~~71564% 2,~~229~~227,~~070~~174.0628 10,~~400~~608.6110 B-5 576433ZG4 ~~SUB~~ 5.~~59908~~71564% 2,~~674~~672,~~684~~409.2547 12,~~479~~728.8077 B-6 576433ZH2 ~~SUB~~ 5.~~59908~~71564% 2,~~081~~079,~~437~~667.3108 9,~~711~~905.7752 P 576433ZJ8 ~~N/A~~ 0.00000% 0.01 1682,~~587~~416.8932 Totals ~~275~~241,~~008~~426,~~979~~293.0954 1,~~295~~221,~~982~~029.4838

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 3,~~132~~553,~~270~~610.6956 0.00 4835,~~856~~233,~~261~~224.8139 3,~~298~~706,~~359~~818.6156 0.00 1-A-2 ~~348~~394,~~024~~839.3512 0.00 53,~~428~~914,~~384~~738.1726 ~~366~~412,~~776~~091.8279 0.00 1-A-X 0.00 0.00 0.00 ~~109~~66,~~518~~833.8003 0.00 2-A-1 12,~~440~~035,~~579~~844.1460 0.00 7061,~~258~~373,~~193~~808.5420 12,~~751~~310,~~319~~041.8625 0.00 3-A-1 12,~~043~~476,~~422~~948.2979 0.00 8374,~~940~~056,~~539~~071.6308 12,~~435~~829,~~383~~372.4870 0.00 3-A-2 ~~104~~247,~~350~~713.1773 0.00 87,~~394~~406,~~692~~170.8374 ~~143~~283,~~966~~334.5055 0.00 3-A-X 0.00 0.00 0.00 43,~~172~~757.0013 0.00 4-A-1 56,~~335~~873.53 0.00 1110,~~046~~425,~~957~~731.5723 5453,~~254~~106.6412 0.00 5-A-1 8,~~497~~534.5943 0.00 1110,~~279~~595,~~963~~956.3608 5956,~~444~~178.7832 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.3934 0.00 B-1 2,~~740~~939.1661 0.00 13,~~222~~211,~~809~~361.1055 6465,~~449~~879.2072 0.00 B-2 1,~~139~~222.3730 0.00 5,~~498~~493,~~099~~339.3742 2627,~~798~~393.2506 0.00 B-3 ~~831~~891.1463 0.00 4,~~010~~007,~~695~~223.6744 19,~~548~~982.5140 0.00 B-4 ~~461~~495.8345 0.00 2,~~228~~226,~~608~~678.2383 1011,~~862~~103.4455 0.00 B-5 ~~554~~594.1650 0.00 2,~~674~~671,~~130~~814.0998 13,~~033~~323.9627 0.00 B-6 ~~431~~462.2564 0.00 2,~~081~~079,~~006~~204.0745 10,~~143~~368.0216 0.00 P 0.00 0.00 0.01 1682,~~587~~416.8932 0.00 Totals 68,~~088~~730,~~637~~970.6789 0.00 ~~268~~232,~~920~~695,~~341~~322.4566 79,~~384~~952,~~620~~000.1527 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~~) 1~~-A-1 60,742,000.00 5138,~~988~~786,~~532~~834.5095 1411,~~694~~777.5649 3,~~117~~541,~~576~~833.1307 0.00 0.00 1-A-2 6,749,000.00 54,~~776~~309,~~408~~577.5138 1,~~632~~308.7059 ~~346~~393,~~391~~530.6453 0.00 0.00 1-A-X 0.00 0.00 0.00 0.00 0.00 0.00 2-A-1 75,738,000.00 7163,~~698~~409,~~772~~652.6780 5,~~803~~963.7057 12,~~434~~029,~~775~~881.4403 0.00 0.00 3-A-1 91,973,000.00 8476,~~983~~533,~~961~~019.9287 1615,~~852~~895.5008 12,~~026~~461,~~569~~053.7972 0.00 0.00 3-A-2 9,198,000.00 87,~~499~~653,~~043~~884.0047 1,~~685~~589.3863 ~~102~~246,~~664~~124.7910 0.00 0.00 3-A-X 0.00 0.00 0.00 0.00 0.00 0.00 4-A-1 11,600,000.00 1110,~~052~~432,~~293~~604.1076 2,~~434~~466.9647 24,~~900~~407.5706 0.00 0.00 5-A-1 11,718,000.00 1110,~~288~~604,~~460~~490.9551 67,~~968~~063.1338 1,~~529~~471.4605 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 13,237,000.00 13,~~225~~214,~~549~~301.2716 2,~~740~~939.1661 0.00 0.00 0.00 B-2 5,504,000.00 5,~~499~~494,~~238~~561.7473 1,~~139~~222.3730 0.00 0.00 0.00 B-3 4,015,000.00 4,~~011~~008,~~526~~115.8007 ~~831~~891.1463 0.00 0.00 0.00 B-4 2,231,000.00 2,~~229~~227,~~070~~174.0628 ~~461~~495.8345 0.00 0.00 0.00 B-5 2,677,000.00 2,~~674~~672,~~684~~409.2547 ~~554~~594.1650 0.00 0.00 0.00 B-6 2,083,239.00 2,~~081~~079,~~437~~667.3108 ~~431~~462.2564 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 Totals 297,465,339.01 ~~275~~241,~~008~~426,~~979~~293.0954 5652,~~229~~670.8434 68,~~032~~678,~~407~~300.8256 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 3,~~132~~553,~~270~~610.6956 4835,~~856~~233,~~261~~224.8139 0.~~80432422~~580047 3,~~132~~553,~~270~~610.6956 1-A-2 ~~348~~394,~~024~~839.3512 53,~~428~~914,~~384~~738.1726 0.~~80432422~~580047 ~~348~~394,~~024~~839.3512 1-A-X 0.00 0.00 0.~~00000000~~000000 0.00 2-A-1 12,~~440~~035,~~579~~844.1460 7061,~~258~~373,~~193~~808.5420 0.~~92764786~~810344 12,~~440~~035,~~579~~844.1460 3-A-1 12,~~043~~476,~~422~~948.2979 8374,~~940~~056,~~539~~071.6308 0.~~91266502~~805194 12,~~043~~476,~~422~~948.2979 3-A-2 ~~104~~247,~~350~~713.1773 87,~~394~~406,~~692~~170.8374 0.~~91266502~~805194 ~~104~~247,~~350~~713.1773 3-A-X 0.00 0.00 0.~~00000000~~000000 0.00 4-A-1 56,~~335~~873.53 1110,~~046~~425,~~957~~731.5723 0.~~95232393~~898770 56,~~335~~873.53 5-A-1 8,~~497~~534.5943 1110,~~279~~595,~~963~~956.3608 0.~~96261848~~904246 8,~~497~~534.5943 A-LR 0.00 0.00 0.~~00000000~~000000 0.00 A-UR 0.00 0.00 0.~~00000000~~000000 0.00 B-1 2,~~740~~939.1661 13,~~222~~211,~~809~~361.1055 0.~~99892794~~998063 2,~~740~~939.1661 B-2 1,~~139~~222.3730 5,~~498~~493,~~099~~339.3742 0.~~99892794~~998063 1,~~139~~222.3730 B-3 ~~831~~891.1463 4,~~010~~007,~~695~~223.6744 0.~~99892794~~998063 ~~831~~891.1463 B-4 ~~461~~495.8345 2,~~228~~226,~~608~~678.2383 0.~~99892794~~998063 ~~461~~495.8345 B-5 ~~554~~594.1650 2,~~674~~671,~~130~~814.0998 0.~~99892794~~998063 ~~554~~594.1650 B-6 ~~431~~462.2564 2,~~081~~079,~~006~~204.0745 0.~~99892815~~998063 ~~431~~462.2564 P 0.00 0.01 1.~~00000000~~000000 0.00 Totals 68,~~088~~730,~~637~~970.6789 ~~268~~232,~~920~~695,~~341~~322.4566 0.~~90403925~~782260 68,~~088~~730,~~637~~970.6789

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 60,742,000.00 ~~855~~638.~~89102269~~550508 0.~~24191762~~193894 5158.~~32488443~~309458 0.~~00000000~~000000 1-A-2 6,749,000.00 ~~855~~638.~~89102237~~550508 0.~~24191732~~193894 5158.~~32488369~~309458 0.~~00000000~~000000 1-A-X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-1 75,738,000.00 ~~946~~837.~~66841836~~223756 0.~~07662864~~078739 1826.~~94393092~~801355 0.~~00000000~~000000 3-A-1 91,973,000.00 ~~924~~832.~~00989334~~124861 0.~~18323312~~172823 1126.~~16164298~~758437 0.~~00000000~~000000 3-A-2 9,198,000.00 ~~924~~832.~~00989346~~124861 0.~~18323331~~172823 1126.~~16164275~~758437 0.~~00000000~~000000 3-A-X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 4-A-1 11,600,000.00 ~~952~~899.~~78388793~~362479 0.~~20991034~~212627 0.~~25004914~~379919 0.~~00000000~~000000 5-A-1 11,718,000.00 ~~963~~904.~~34365506~~974442 0.~~59465182~~602780 0.~~13052227~~125538 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 13,237,000.00 ~~999~~998.~~13494523~~285198 0.~~20700763~~222075 0.~~00000000~~000000 0.~~00000000~~000000 B-2 5,504,000.00 ~~999~~998.~~13494549~~285198 0.~~20700763~~222075 0.~~00000000~~000000 0.~~00000000~~000000 B-3 4,015,000.00 ~~999~~998.~~13494396~~285198 0.~~20700872~~222075 0.~~00000000~~000000 0.~~00000000~~000000 B-4 2,231,000.00 ~~999~~998.~~13494397~~285199 0.~~20700583~~222075 0.~~00000000~~000000 0.~~00000000~~000000 B-5 2,677,000.00 ~~999~~998.~~13494583~~285196 0.~~20700784~~222077 0.~~00000000~~000000 0.~~00000000~~000000 B-6 2,083,239.00 ~~999~~998.~~13514964~~285401 0.~~20700937~~222077 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 5158.~~56680205~~503351 ~~804~~580.~~32422064~~047157 0.~~80432422~~580047 5158.~~56680205~~503351 1-A-2 0.~~00000000~~000000 5158.~~56680249~~503352 ~~804~~580.~~32422137~~047157 0.~~80432422~~580047 5158.~~56680249~~503352 1-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-1 0.~~00000000~~000000 1926.~~02055956~~880095 ~~927~~810.~~64785893~~343661 0.~~92764786~~810344 1926.~~02055956~~880095 3-A-1 0.~~00000000~~000000 1126.~~34487610~~931260 ~~912~~805.~~66501723~~193601 0.~~91266502~~805194 1126.~~34487610~~931260 3-A-2 0.~~00000000~~000000 1126.~~34487606~~931260 ~~912~~805.~~66501740~~193601 0.~~91266502~~805194 1126.~~34487606~~931260 3-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 4-A-1 0.~~00000000~~000000 0.~~45995948~~592546 ~~952~~898.~~32392845~~769934 0.~~95232393~~898770 0.~~45995948~~592546 5-A-1 0.~~00000000~~000000 0.~~72517409~~728318 ~~962~~904.~~61848097~~246124 0.~~96261848~~904246 0.~~72517409~~728318 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.~~20700763~~222075 998.~~92793684~~063122 0.~~99892794~~998063 0.~~20700763~~222075 B-2 0.~~00000000~~000000 0.~~20700763~~222075 998.~~92793786~~063121 0.~~99892794~~998063 0.~~20700763~~222075 B-3 0.~~00000000~~000000 0.~~20700872~~222075 998.~~92793773~~063123 0.~~99892794~~998063 0.~~20700872~~222075 B-4 0.~~00000000~~000000 0.~~20700583~~222075 998.~~92793814~~063124 0.~~99892794~~998063 0.~~20700583~~222075 B-5 0.~~00000000~~000000 0.~~20700784~~222077 998.~~92793799~~063123 0.~~99892794~~998063 0.~~20700784~~222077 B-6 0.~~00000000~~000000 0.~~20700937~~222077 998.~~92814507~~063328 0.~~99892815~~998063 0.~~20700937~~222077 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 ~~60,742,000.00~~11/25/05 3- 12/26/05 32 4.~~71000~~44375% 5138,~~988~~786,~~532~~834.5095 ~~166~~153,~~088~~208.~~92 0.~~00 0.00 1-A-2 ~~6,749,000.00~~11/25/05 3- 12/26/05 32 4.~~77000~~50375% 54,~~776~~309,~~408~~577.5138 1817,~~752~~252.4767 0.00 ~~0.00~~ 1-A-X ~~0.00~~11/01/05 2- 11/30/05 30 1.~~27513~~86094% 5743,~~764~~096,~~941~~412.0132 ~~109~~66,~~518~~833.8003 0.00 ~~0.00~~ 2-A-1 ~~75,738,000.00~~11/01/05 - 11/30/05 30 5.~~20077~~18905% 7163,~~698~~409,~~772~~652.6780 ~~310~~274,~~740~~196.7265 0.00 ~~0.00~~ 3-A-1 ~~91,973,000.00~~11/01/05 - 11/30/05 30 5.~~53461~~52583% 8476,~~983~~533,~~961~~019.9287 ~~391~~352,~~961~~423.1991 0.00 ~~0.00~~ 3-A-2 ~~9,198,000.00~~11/01/05 - 11/30/05 30 5.~~59352~~58474% 87,~~499~~653,~~043~~884.0047 3935,~~616~~620.3382 0.00 ~~0.00~~ 3-A-X ~~0.00~~11/01/05 - 11/30/05 30 0.05891% 8476,~~983~~533,~~961~~019.9287 43,~~172~~757.0013 0.00 ~~0.00~~ 4-A-1 11~~,600,000.00~~/01/05 - 11/30/05 30 5.~~31138~~31786% 1110,~~052~~432,~~293~~604.1076 4846,~~919~~232.1159 0.00 ~~0.00~~ 5-A-1 11~~,718,000.00~~/01/05 - 11/30/05 30 5.~~41585~~39136% 1110,~~288~~604,~~460~~490.9551 5047,~~947~~643.1989 0.00 ~~0.00~~ A-LR ~~50.00~~N/A N/A 6.~~08347~~43883% 0.00 0.00 0.00 ~~0.00~~ A-UR ~~50.00~~N/A N/A 6.~~08347~~43883% 0.00 0.00 0.00 ~~0.00~~ B-1 ~~13,237,000.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 13,~~225~~214,~~549~~301.2716 6162,~~709~~940.0411 0.00 ~~0.00~~ B-2 ~~5,504,000.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 5,~~499~~494,~~238~~561.7473 2526,~~658~~170.8876 0.00 ~~0.00~~ B-3 ~~4,015,000.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 4,~~011~~008,~~526~~115.8007 1819,~~717~~090.3777 0.00 ~~0.00~~ B-4 ~~2,231,000.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 2,~~229~~227,~~070~~174.0628 10,~~400~~608.6110 0.00 ~~0.00~~ B-5 ~~2,677,000.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 2,~~674~~672,~~684~~409.2547 12,~~479~~728.8077 0.00 ~~0.00~~ B-6 ~~2,083,239.00~~11/01/05 - 11/30/05 30 5.~~59908~~71564% 2,~~081~~079,~~437~~667.3108 9,~~711~~905.7752 0.00 ~~0.00~~ P ~~0.01~~N/A N/A 0.00000% 0.01 0.00 0.00 ~~0.00~~ Totals ~~297,465,339.01~~ 1,~~279~~138,~~394~~612.2072 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 ~~166~~153,~~088~~208.9200 0.00 4835,~~856~~233,~~261~~224.8139 1-A-2 0.00 0.00 1817,~~752~~252.4767 0.00 53,~~428~~914,~~384~~738.1726 1-A-X 0.00 0.00 ~~109~~66,~~518~~833.8003 0.00 5439,~~284~~147,~~645~~962.9865 2-A-1 0.00 0.00 ~~310~~274,~~740~~196.7265 0.00 7061,~~258~~373,~~193~~808.5420 3-A-1 0.00 0.00 ~~391~~352,~~961~~423.1991 0.00 8374,~~940~~056,~~539~~071.6308 3-A-2 0.00 0.00 3935,~~616~~620.3382 0.00 87,~~394~~406,~~692~~170.8374 3-A-X 0.00 0.00 43,~~172~~757.0013 0.00 8374,~~940~~056,~~539~~071.6308 4-A-1 0.00 0.00 4846,~~919~~232.1159 0.00 1110,~~046~~425,~~957~~731.5723 5-A-1 0.00 0.00 5047,~~947~~643.1989 0.00 1110,~~279~~595,~~963~~956.3608 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.3934 0.00 0.00 B-1 0.00 0.00 6162,~~709~~940.0411 0.00 13,~~222~~211,~~809~~361.1055 B-2 0.00 0.00 2526,~~658~~170.8876 0.00 5,~~498~~493,~~099~~339.3742 B-3 0.00 0.00 1819,~~717~~090.3777 0.00 4,~~010~~007,~~695~~223.6744 B-4 0.00 0.00 10,~~400~~608.6110 0.00 2,~~228~~226,~~608~~678.2383 B-5 0.00 0.00 12,~~479~~728.8077 0.00 2,~~674~~671,~~130~~814.0998 B-6 0.00 0.00 9,~~711~~905.7752 0.00 2,~~081~~079,~~006~~204.0745 P 0.00 0.00 1682,~~587~~416.8932 0.00 0.01 Totals 0.00 0.00 1,~~295~~221,~~982~~029.4838 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 11/25/05 - 12/26/05 60,742,000.00 34.~~71000~~44375% ~~855~~638.~~89102269~~550508 2.~~73433407~~522275 0.~~00000000~~000000 ~~0.00000000~~ 1-A-2 11/25/05 - 12/26/05 6,749,000.00 34.~~77000~~50375% ~~855~~638.~~89102237~~550508 2.~~77855534~~556330 0.~~00000000~~000000 ~~0.00000000~~ 1-A-X 11/01/05 - 11/30/05 0.00 21.~~27513~~86094% ~~855~~638.~~89102265~~550508 ~~1.62271710~~ 0.~~00000000~~990251 0.~~00000000~~000000 2-A-1 11/01/05 - 11/30/05 75,738,000.00 5.~~20077~~18905% ~~946~~837.~~66841836~~223756 43.~~10283768~~620331 0.~~00000000~~000000 ~~0.00000000~~ 3-A-1 11/01/05 - 11/30/05 91,973,000.00 5.~~53461~~52583% ~~924~~832.~~00989334~~124861 43.~~26169843~~831819 0.~~00000000~~000000 ~~0.00000000~~ 3-A-2 11/01/05 - 11/30/05 9,198,000.00 5.~~59352~~58474% ~~924~~832.~~00989346~~124861 43.~~30705914~~872670 0.~~00000000~~000000 ~~0.00000000~~ 3-A-X 11/01/05 - 11/30/05 0.00 0.05891% ~~924~~832.~~00989334~~124861 0.~~04536114~~040850 0.~~00000000~~000000 ~~0.00000000~~ 4-A-1 11/01/05 - 11/30/05 11,600,000.00 5.~~31138~~31786% ~~952~~899.~~78388793~~362479 43.~~21716466~~985568 0.~~00000000~~000000 ~~0.00000000~~ 5-A-1 11/01/05 - 11/30/05 11,718,000.00 5.~~41585~~39136% ~~963~~904.~~34365506~~974442 4.~~34777180~~065872 0.~~00000000~~000000 ~~0.00000000~~ A-LR N/A 50.00 6.~~08347~~43883% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A-UR N/A 50.00 6.~~08347~~43883% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ B-1 11/01/05 - 11/30/05 13,237,000.00 5.~~59908~~71564% ~~999~~998.~~13494523~~285198 4.~~66185994~~754862 0.~~00000000~~000000 ~~0.00000000~~ B-2 11/01/05 - 11/30/05 5,504,000.00 5.~~59908~~71564% ~~999~~998.~~13494549~~285198 4.~~66186047~~754862 0.~~00000000~~000000 ~~0.00000000~~ B-3 11/01/05 - 11/30/05 4,015,000.00 5.~~59908~~71564% ~~999~~998.~~13494396~~285198 4.~~66186052~~754862 0.~~00000000~~000000 ~~0.00000000~~ B-4 11/01/05 - 11/30/05 2,231,000.00 5.~~59908~~71564% ~~999~~998.~~13494397~~285199 4.~~66186015~~754863 0.~~00000000~~000000 ~~0.00000000~~ B-5 11/01/05 - 11/30/05 2,677,000.00 5.~~59908~~71564% ~~999~~998.~~13494583~~285196 4.~~66186029~~754864 0.~~00000000~~000000 ~~0.00000000~~ B-6 11/01/05 - 11/30/05 2,083,239.00 5.~~59908~~71564% ~~999~~998.~~13514964~~285401 4.~~66186069~~754865 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 2.~~73433407~~522275 0.~~00000000~~000000 ~~804~~580.~~32422064~~047157 1-A-2 0.~~00000000~~000000 0.~~00000000~~000000 2.~~77855534~~556330 0.~~00000000~~000000 ~~804~~580.~~32422137~~047157 1-A-X 0.~~00000000~~000000 0.~~00000000~~000000 10.~~62271710~~990251 0.~~00000000~~000000 ~~804~~580.~~32422071~~047157 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~10283768~~620331 0.~~00000000~~000000 ~~927~~810.~~64785893~~343661 3-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~26169843~~831819 0.~~00000000~~000000 ~~912~~805.~~66501723~~193601 3-A-2 0.~~00000000~~000000 0.~~00000000~~000000 43.~~30705914~~872670 0.~~00000000~~000000 ~~912~~805.~~66501740~~193601 3-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~04536114~~040850 0.~~00000000~~000000 ~~912~~805.~~66501723~~193601 4-A-1 0.~~00000000~~000000 0.~~00000000~~000000 43.~~21716466~~985568 0.~~00000000~~000000 ~~952~~898.~~32392845~~769934 5-A-1 0.~~00000000~~000000 0.~~00000000~~000000 4.~~34777180~~065872 0.~~00000000~~000000 ~~962~~904.~~61848097~~246124 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 76.~~80000000~~800000 0.~~00000000~~000000 0.~~00000000~~000000 B-1 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66185994~~754862 0.~~00000000~~000000 998.~~92793684~~063122 B-2 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66186047~~754862 0.~~00000000~~000000 998.~~92793786~~063121 B-3 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66186052~~754862 0.~~00000000~~000000 998.~~92793773~~063123 B-4 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66186015~~754863 0.~~00000000~~000000 998.~~92793814~~063124 B-5 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66186029~~754864 0.~~00000000~~000000 998.~~92793799~~063123 B-6 0.~~00000000~~000000 0.~~00000000~~000000 4.~~66186069~~754865 0.~~00000000~~000000 998.~~92814507~~063328 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 79,~~440~~932,~~384~~748.2459 ~~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 1682,~~587~~416.8932 Swap/Cap Payments 0.00 Total Deposits 710,~~456~~015,~~972~~164.1391 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 72~~63,~~351~~164.9864 Payment of Interest and Principal 79,~~384~~952,~~620~~000.1527 Total Withdrawals (Pool Distribution Amount) 710,~~456~~015,~~972~~164.1391 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* 7263,~~351~~164.9864 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees 7263,~~351~~164.9864 *Servicer Payees include: CENLAR FSB; DOWNEY SAVINGS; EVERBANK; GMAC MTG CORP; GREENPOINT MTG FUNDING, INC; NATIONAL CITY MTG CO; PHH US MTG CORP; PROVIDENT FUNDING ASSOC. LP; WELLS FARGO BANK, N.A.

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Basis Risk Reserve ~~Fund~~ 0.00 0.00 0.00 0.00 Fund

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~ARM ~~Total~~Weighted NoAverage ofGross ~~Loans~~Coupon No5.973389% ofWeighted ~~Loans~~Average NoNet ofCoupon ~~Loans~~5.659431% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of5.659431% ~~Loans~~Weighted ~~Principal~~Average ~~Balance~~Remaining ~~Principal~~Term ~~Balance~~350 ~~Principal~~Beginning ~~Balance~~Scheduled ~~Principal~~Collateral ~~Balance~~Loan ~~Principal~~Count ~~Balance~~889 ~~0-29~~Number ~~Days~~Of 1Loans 0Paid 0In 1Full ~~146,400.00~~26 ~~0.00~~Ending ~~0.00~~Scheduled ~~146,400.00~~Collateral 30Loan ~~Days~~Count 21863 0Beginning 0Scheduled 0Collateral 21Balance 6241,~~598~~426,~~777~~293.2776 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 6Balance 232,~~598~~695,~~777~~322.2787 60Ending ~~Days~~Actual 6Collateral 0Balance 0at 030-Nov-2005 ~~6 1~~232,~~656~~738,~~129~~412.0972 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 1,~~656~~254,~~129~~447.0994 90Special ~~Days~~Servicing 0Fee 0 ~~5 0 5 0~~.00 ~~0.00~~Prepayment ~~1,488,586.27~~Penalty ~~0.00~~Waived ~~1,488,586.27~~Amount ~~120 Days~~ 0 ~~0 0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived ~~0.00~~Count ~~150 Days~~ 0 0Prepayment 0Penalty 0Paid 0Amount 082,416.0032 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Paid ~~0.00~~Count ~~180+~~Not ~~Days~~Available 0Realized 0Loss 0Amount 0 ~~0 0~~.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~Totals~~Scheduled 27Principal ~~1 5 0 33 8~~52,~~254,906~~670.3633 ~~146,400.00~~Unscheduled ~~1,488,586.27~~Principal ~~0.00 9~~8,~~889~~678,~~892~~300.63 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 0.102354% 0.000000% 0.000000% 0.102354% 0.054431% 0.000000% 0.000000% 0.054431% 30 Days 2.149437% 0.000000% 0.000000% 0.000000% 2.149437% 2.453384% 0.000000% 0.000000% 0.000000% 2.453384% 60 Days 0.614125% 0.000000% 0.000000% 0.000000% 0.614125% 0.615738% 0.000000% 0.000000% 0.000000% 0.615738% 90 Days 0.000000% 0.000000% 0.511771% 0.000000% 0.511771% 0.000000% 0.000000% 0.553447% 0.000000% 0.553447% 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 2.763562% 0.102354% 0.511771% 0.000000% 3.377687% 3.069123% 0.054431% 0.553447% 0.000000% 3.677000%56

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 146,400.00 0.00 0.00 146,400.00 30 Days 9 0 0 0 9 3,286,229.74 0.00 0.00 0.00 3,286,229.74 60 Days 1 0 0 0 1 74,229.09 0.00 0.00 0.00 74,229.09 90 Days 0 0 2 ~~0 2 0.00 0.00 884,900.00 0.00 884,900.00 120 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 10 1 2 0 13~~ 3~~,360,458.83~~ ~~146,400.00~~Collateral ~~884,900.00~~Description ~~0.00~~Mixed ~~4,391,758.83~~ARM ~~0-29~~Mixed ~~Days~~ARM ~~0.502513%~~Mixed ~~0.000000%~~ARM ~~0.000000%~~Weighted ~~0.502513%~~Average ~~0.236935%~~Coupon ~~0.000000%~~Rate 06.~~000000%~~982335 ~~0.236935% 30 Days 4.522613% 0.000000% 0.000000% 0.000000% 4.522613%~~ 5.~~318463%~~473910 ~~0.000000% 0.000000% 0.000000%~~ 5.~~318463%~~893297 60Weighted ~~Days~~Average ~~0.502513%~~Net ~~0.000000%~~Rate 06.~~000000%~~607335 0.000000% 0.502513% 0.120133% 0.000000% 0.000000% 0.000000% 0.120133% 90 Days 0.000000% 0.000000% 1.005025% 0.000000% 1.005025% 0.000000% 0.000000% 1.432130% 0.000000% 1.432130% 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 5.~~025126%~~189054 ~~0.502513% 1.005025% 0.000000% 6.532663%~~ 5.~~438596%~~584745 ~~0.236935%~~Weighted ~~1.432130%~~Average ~~0.000000%~~Remaining ~~7.107662%~~Term ~~DELINQUENT~~350 ~~BANKRUPTCY~~351 ~~FORECLOSURE~~350 ~~REO~~Beginning ~~Total~~Loan 2Count No168 of236 ~~Loans~~399 ~~No of~~ Loans NoPaid ofIn ~~Loans~~Full No9 of6 ~~Loans~~11 NoEnding ofLoan ~~Loans~~Count ~~Principal~~159 ~~Balance~~230 ~~Principal~~388 ~~Balance~~Beginning ~~Principal~~Scheduled 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~~50,~~933~~577,~~140~~259.0034 ~~0.00 0.00 0.00 1~~71,~~933~~417,~~140~~928.0002 ~~60 Days 2 0 0 0 2 540~~95,~~000~~811,421.0057 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Balance ~~540~~46,~~000~~626,538.0013 ~~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 2~~69,~~473~~381,~~140~~330.0025 ~~0.00 0.00 0.00 2~~93,~~473~~084,~~140~~344.0076 ~~0-29~~Record ~~Days~~Date ~~0.000000%~~11/30/2005 ~~0.000000%~~11/30/2005 ~~0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%~~ 11/30/2005 ~~Days~~Principal ~~2.343750%~~And ~~0.000000%~~Interest ~~0.000000%~~Constant 0309,647.~~000000%~~09 2332,496.~~343750%~~19 2490,436.~~469743%~~63 ~~0.000000%~~Scheduled 0.000000% 0.000000% 2.469743% 60 Days 0.781250% 0.000000% 0.000000% 0.000000% 0.781250% 0.689894% 0.000000% 0.000000% 0.000000% 0.689894% 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 3.125000% 0.000000% 0.000000% 0.000000% 3.125000% 3.159637% 0.000000% 0.000000% 0.000000% 3.159637% 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~~15,357.0061 06,716.0074 ~~0.00 0.00 30 Days 5 0 0 0 5 1~~19,~~069,907~~898.5399 ~~0.00~~Unscheduled ~~0.00~~Principal ~~0.00 1~~3,~~069~~935,~~907~~363.53 60 ~~Days 3 0 0 0 3 1~~2,~~041~~029,~~900~~881.0003 ~~0.00 0.00 0.00 1~~2,~~041~~707,~~900~~177.0082 90Scheduled ~~Days~~Interest ~~0 0 3 0 3 0~~294,289.0048 ~~0.00 603~~325,~~686~~779.2745 ~~0.00 603~~470,~~686~~537.2764 ~~120~~Servicing ~~Days~~Fee ~~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 3 0 11 2~~15,~~111,807~~805.5339 ~~0.00 603~~16,~~686~~953.2723 ~~0.00 2~~24,~~715,493~~635.8067 ~~0-29~~Master ~~Days~~Servicing ~~0.000000%~~Fee 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.154734% 0.000000% 0.000000% 0.000000% 1.154734% 1.028916% 0.000000% 0.000000% 0.000000% 1.028916% 60 Days 0.692841% 0.000000% 0.000000% 0.000000% 0.692841% 1.001982% 0.000000% 0.000000% 0.000000% 1.001982% 90 Days 0.000000% 0.000000% 0.692841% 0.000000% 0.692841% 0.000000% 0.000000% 0.580557% 0.000000% 0.580557% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.847575% 0.000000% 0.692841% 0.000000% 2.540416% 2.030898% 0.000000% 0.580557% 0.000000% 2.611455% 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~~Trustee 30Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~FRY ~~0.00~~Amount ~~60 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Special ~~0.00~~Hazard 90Fee ~~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~~3 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 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~~Net 30Interest ~~Days 1 0 0 0 1 309~~278,~~500~~484.0009 0308,826.0022 ~~0.00 0.00 309~~445,~~500~~901.0097 60Realized ~~Days~~Loss 0Amount 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~~of ~~120~~Cumulative ~~Days~~Losses 0.0000 0.0000 0.0000 0Prepayment 0Penalty ~~0.00~~Waived ~~0.00~~Amount 0.00 0.00 0.00 ~~150~~Prepayment ~~Days~~Penalty 0Waived 0Count 0 0 0 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Paid ~~0.00~~Amount ~~0.00~~Not ~~180+~~Available ~~Days~~Not 0Available 0Not 0Available 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Count ~~0.00~~Not ~~0.00~~Available ~~0.00~~Not ~~Totals~~Available 1Not 0Available 0Special 0Servicing 1Fee ~~309,500.00~~ 0.00 0.00 0.00 ~~309,500.00 0~~Pass-29Through ~~Days~~Rate 06.~~000000%~~607335 05.~~000000%~~189054 05.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.777778% 0.000000% 0.000000% 0.000000% 2.777778% 2.459431% 0.000000% 0.000000% 0.000000% 2.459431% 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 2.777778% 0.000000% 0.000000% 0.000000% 2.777778% 2.459431% 0.000000% 0.000000% 0.000000% 2.459431%584745

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group A4 ~~Insufficient~~5 ~~Funds~~Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.592602 5.702666 5.973389 Weighted Average Net Rate 5.317856 5.391365 5.659431 Weighted Average Remaining Term 348 349 350 Beginning Loan Count 51 35 889 Loans Paid In Full 0 0 26 Ending Loan Count 51 35 863 Beginning Scheduled Balance 11,719,813.60 11,899,871.23 241,426,293.76 Ending scheduled Balance 11,712,635.75 11,890,473.98 232,695,322.87 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 57,391.00 64,477.03 1,254,447.94 Scheduled Principal ~~Balance~~2,770.79 of7,926.20 ~~Contaminated~~52,670.33 ~~Properties~~Unscheduled Principal 4,407.06 1,471.05 8,678,300.56 Scheduled Interest 54,620.21 56,550.83 1,201,777.61 Servicing Fee 2,683.31 3,087.04 63,164.64 Master Servicing Fee 0.00 ~~Periodic~~0.00 ~~Advance~~0.00 50Trustee 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 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 51,~~979~~936.3990 53,463.79 1,138,612.97 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 Not Available Not Available 82416.32 Prepayment Penalty Paid Count Not Available Not Available Not Available Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.317856 5.391365 5.659431

~~CREDIT~~Additional ~~ENHANCEMENT~~Reporting ~~Original~~- $Group ~~Original~~Level Miscellaneous Reporting 1 Senior % ~~Current~~85.209070% $Senior ~~Current~~Prepaymemt % ~~Bankruptcy~~100.000000% ~~8,923,960~~Subordinate % 14.00790930% 2~~.99999994~~ Senior % ~~8,923,960~~88.00786744% 3Senior Prepaymemt % 100.~~31843993~~000000% ~~Fraud~~Subordinate ~~150,000.00~~% 011.~~05042604~~213256% ~~150,000~~3 Senior % 87.00867295% 0Senior Prepaymemt % 100.~~05577860~~000000% ~~Special~~Subordinate ~~Hazard~~% ~~3,300,000~~12.00132705% 14 Senior % 89.~~10937295~~016815% ~~3,300,000~~Senior Prepaymemt % 100.00000000% 1Subordinate % 10.~~22712919~~983185% ~~Limit~~5 ofSenior ~~Subordinate's~~% ~~Exposure~~89.114330% toSenior ~~Certain~~Prepaymemt ~~Types~~% of100.000000% ~~Losses~~Subordinate % 10.885670%

~~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 1 0~~.000%~~ ~~Current~~0 ~~REO~~1 ~~Total~~146,400.00 ~~Jan-05~~0.00 0.~~000%~~00 ~~Loans~~146,400.00 in30 ~~REO~~Days 16 0 ~~Feb-05~~0 0~~.000%~~ ~~Original~~16 ~~Principal~~4,819,751.34 ~~Balance~~0.00 0.00 ~~Mar-05~~ 0.~~000%~~00 ~~Current~~4,819,751.34 ~~Principal~~60 ~~Balance~~Days 0~~.00~~ ~~Apr-05~~2 0~~.000%~~ ~~May-05~~ 0~~.000%~~ ~~Jun-05~~2 0.~~000%~~00 ~~Jul-05~~318,331.81 0.~~000%~~00 ~~Aug-05~~ 0.~~000%~~00 *The318,331.81 ~~text~~90 ~~reported~~Days in3 ~~the~~0 ~~above~~0 ~~table~~0 is3 ~~presented~~589,320.11 ~~graphically~~0.00 on0.00 ~~the~~0.00 ~~monthly bond remittance report~~589,320.11 ~~The~~120 ~~monthly~~Days ~~bond~~2 ~~remittance~~1 ~~report~~0 ~~can~~0 be3 ~~viewed~~411,300.00 ~~online~~183,099.16 at0.00 ~~www~~0.~~ctslink~~00 594,399.~~com.~~16 1150 12Days ~~Month~~0 ~~REO~~0 History*0 ~~New REO Loans Month REO Percentage Loans in REO~~ 0 ~~Sep-04~~ 0~~.000%~~ ~~Original Principal Balance~~ 0.00 ~~Oct-04~~ 0.~~000%~~00 ~~Current Principal Balance~~ 0.00 ~~Nov-04~~ 0.~~000%~~00 ~~Dec-04~~ 0.~~000%~~00 ~~Current~~180+ ~~REO~~Days ~~Total Jan-05~~ 0~~.000%~~ ~~Loans~~1 in5 ~~REO~~ 0 ~~Feb-05~~6 0.~~000%~~00 ~~Original~~74,229.09 ~~Principal~~1,923,686.27 ~~Balance~~ 0.00 ~~Mar-05 0~~1,997,915.~~000%~~36 ~~Current~~Totals ~~Principal~~21 ~~Balance~~5 ~~0.00~~5 ~~Apr-05~~ 0~~.000%~~ ~~May-05~~31 05,820,371.~~000%~~45 ~~Jun-05 0~~722,060.~~000%~~06 ~~Jul-05 0~~1,923,686.~~000%~~27 ~~Aug-05~~ 0.~~000%~~00 *The text reported in the above table is presented graphically on the monthly bond remittance report8,466,117.78 ~~The~~No ~~monthly~~of ~~bond~~Loans ~~remittance~~No ~~report~~of ~~can~~Loans beNo ~~viewed~~of ~~online~~Loans atNo ~~www.ctslink.com.~~of 2Loans 12No ~~Month~~of ~~REO~~Loans History*Principal ~~New~~Balance ~~REO~~Principal ~~Loans~~Balance ~~Month~~Principal ~~REO~~Balance ~~Percentage~~Principal ~~Loans~~Balance inPrincipal ~~REO~~Balance 0 ~~Sep~~-0429 Days 0.~~000~~115875% ~~Original Principal Balance~~ 0.00000000% ~~Oct-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00115875% ~~Nov-04~~ 0.~~000~~062903% ~~Dec-04~~ 0.~~000~~000000% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~062903% ~~Original~~30 ~~Principal~~Days ~~Balance~~1.853998% 0.00000000% ~~Mar-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05 0~~1.~~000~~853998% ~~May-05 0~~2.~~000~~070888% ~~Jun-05~~ 0.~~000~~000000% ~~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 report2.070888% ~~The~~60 ~~monthly~~Days ~~bond remittance report can be viewed online at www~~0.~~ctslink.com.~~000000% ~~3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0.231750% ~~Sep-04~~ 0.~~000~~000000% ~~Original Principal Balance~~ 0.00000000% ~~Oct-04~~ 0.~~000~~231750% ~~Current Principal Balance~~ 0.00000000% ~~Nov-04~~ 0.~~000~~136777% ~~Dec-04~~ 0.~~000~~000000% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0 ~~Feb-05 0~~.~~000~~136777% ~~Original~~90 ~~Principal~~Days ~~Balance~~ 0.00347625% ~~Mar-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05~~ 0.~~000~~000000% ~~May-05~~ 0.~~000~~347625% ~~Jun-05~~ 0.~~000~~253211% ~~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 report0.000000% ~~The monthly bond remittance report can be viewed online at www~~0.~~ctslink.com.~~253211% 4120 12Days ~~Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0.231750% ~~Sep-04~~ 0.~~000~~115875% ~~Original Principal Balance~~ 0.00000000% ~~Oct-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00347625% ~~Nov-04~~ 0.~~000~~176722% ~~Dec-04~~ 0.~~000~~078672% ~~Current REO Total Jan-05~~ 0.~~000~~000000% ~~Loans in REO~~ 0.000000% ~~Feb-05~~ 0.~~000~~255394% ~~Original~~150 ~~Principal~~Days ~~Balance~~ 0.00000000% ~~Mar-05~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05~~ 0.~~000~~000000% ~~May-05~~ 0.~~000~~000000% ~~Jun-05~~ 0.~~000~~000000% ~~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 report0.000000% ~~The monthly bond remittance report can be viewed online at www~~0.~~ctslink.com.~~000000% 5180+ 12Days ~~Month REO History* New REO Loans Month REO Percentage Loans in REO~~ 0.000000% ~~Sep-04~~ 0.~~000~~115875% ~~Original Principal Balance~~ 0.00579374% ~~Oct-04~~ 0.~~000~~000000% ~~Current Principal Balance~~ 0.00695249% ~~Nov-04~~ 0.~~000~~000000% ~~Dec-04~~ 0.~~000~~031894% ~~Current REO Total Jan-05~~ 0.~~000~~826544% ~~Loans in REO~~ 0.000000% ~~Feb-05~~ 0.~~000~~858438% ~~Original~~Totals ~~Principal~~2.433372% ~~Balance~~ 0.00579374% ~~Mar-05~~ 0.~~000~~579374% ~~Current Principal Balance~~ 0.00000000% ~~Apr-05 0~~3.~~000~~592121% ~~May-05 0~~2.~~000~~500821% ~~Jun-05~~ 0.~~000~~310245% ~~Jul-05~~ 0.~~000~~826544% ~~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.~~637611%

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 30 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~530,900~~0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~530,586~~0.2700 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 5 ~~Feb~~Jun-05 0.000% Original Principal Balance 1,~~488~~924,~~900~~000.00 ~~Mar~~Jul-05 0.~~000~~482% Current Principal Balance 1,~~488~~923,~~586~~686.27 ~~Apr~~Aug-05 0.~~000~~553% ~~May~~Sep-05 0.~~000~~463% ~~Jun~~Oct-05 0.~~000~~539% ~~Jul~~Nov-05 01.~~482~~011% ~~Aug~~Dec-05 0.~~553~~827% *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 10 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~234,900~~0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~234,900~~0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 21 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~884~~650,~~900~~000.00 ~~Mar~~Jul-05 01.~~000~~560% Current Principal Balance ~~884~~650,~~900~~000.00 ~~Apr~~Aug-05 01.~~000~~432% ~~May~~Sep-05 0.~~000~~425% ~~Jun~~Oct-05 0.~~000~~140% ~~Jul~~Nov-05 12.~~560~~306% ~~Aug~~Dec-05 1.~~432~~394% *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 01 ~~Feb~~Jun-05 0.000% Original Principal Balance 0320,000.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0320,000.00 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.~~000~~427% ~~Jul~~Nov-05 0.~~000~~448% ~~Aug~~Dec-05 0.~~000~~461% *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 20 ~~Sep~~Jan-0405 0.000% Original Principal Balance ~~296,000~~0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance ~~295,686~~0.2700 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 3 ~~Feb~~Jun-05 0.000% Original Principal Balance ~~604~~954,000.00 ~~Mar~~Jul-05 0.~~000~~293% Current Principal Balance ~~603~~953,686.27 ~~Apr~~Aug-05 0.~~000~~581% ~~May~~Sep-05 0.~~000~~945% ~~Jun~~Oct-05 0.~~000~~970% ~~Jul~~Nov-05 0.~~293~~995% ~~Aug~~Dec-05 01.~~581~~024% *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 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. 5 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.

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 ~~2101109132~~2101109921 ~~Aug~~Nov-2005 01-~~Jan~~Mar-2005 GA 9075.0030 ~~234~~650,~~900~~000.00 12 ~~2101109921~~0202059325 ~~Jul~~Oct-2005 01-Mar-2005 GACA 7580.3000 ~~650~~320,000.00 3 2106101310 Aug-2005 01-Mar-2005 TX 80.00 212,000.00 3 ~~2114102122~~2106101316 ~~Jul~~Sep-2005 01-Mar-2005 MSTX 8070.00 ~~308~~658,000.00 3 2119101004 Aug-2005 01-Jan-2005 OH 70.00 84,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest 1 ~~2101109132~~2101109921 ~~234~~650,~~900~~000.00 01-Apr-2005 37 57.000% 332,~~743~~296.7086 12 ~~2101109921~~0202059325 ~~650~~320,000.00 01-~~Apr~~May-2005 36 75.~~000~~875% 1712,~~942~~000.7000 3 2106101310 212,000.00 01-Apr-2005 37 7.250% 610,~~072~~931.9022 3 ~~2114102122~~2106101316 ~~308~~658,000.00 01-~~Apr~~May-2005 36 6.500% 726,~~860~~868.4032 3 2119101004 83,686.27 01-Apr-2005 37 6.375% 23,~~090~~755.1603

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 2 Jan-05 0.~~898337~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~319,200.00 5Feb-05 0.~~582630~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 318,331.81 Mar-~~Through~~05 ~~Rate~~0.000% Apr-05 0.050% Current Bankruptcy Total May-05 0.050% Loans in Bankruptcy 5 Jun-05 0.~~582630~~051% ~~Weighted~~Original ~~Average~~Principal ~~Maturity(Stepdown~~Balance ~~Calculation)~~723,150.00 ~~353~~Jul-05 ~~Beginning~~0.053% ~~Scheduled~~Current ~~Collateral~~Principal ~~Loan~~Balance ~~Count~~722,060.06 ~~996~~Aug-05 ~~Number~~0.054% OfSep-05 0.057% Oct-05 0.059% Nov-05 0.167% Dec-05 0.310% *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 19Loans ~~Ending~~in ~~Scheduled~~Bankruptcy ~~Collateral~~0 ~~Loan~~Jan-05 ~~Count~~0.000% ~~977~~Original ~~Beginning~~Principal ~~Scheduled~~Balance ~~Collateral~~0.00 Feb-05 0.000% Current Principal Balance ~~275~~0.00 Mar-05 0.000% Apr-05 0.196% Current Bankruptcy Total May-05 0.202% Loans in Bankruptcy 2 Jun-05 0.208% Original Principal Balance 220,~~008~~800.00 Jul-05 0.224% Current Principal Balance 220,~~979~~629.3109 ~~Ending~~Aug-05 ~~Scheduled~~0.237% ~~Collateral~~Sep-05 0.265% Oct-05 0.277% Nov-05 0.436% Dec-05 0.473% *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 1 Jan-05 0.000% Original Principal Balance ~~268~~155,~~920,341~~200.6500 ~~Ending~~Feb-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at155,200.00 29Mar-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 155,200.00 Jul-~~2005~~05 ~~268~~0.000% Current Principal Balance 155,~~966,332~~200.4900 ~~Monthly~~Aug-05 ~~P&I~~0.000% ~~Constant~~Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.224% *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 1 Jan-05 0.000% Original Principal Balance 164,~~407~~000.00 Feb-05 0.000% Current Principal Balance 163,~~976~~131.2581 ~~Special~~Mar-05 ~~Servicing~~0.000% ~~Fee~~Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 347,150.00 ~~Prepayment~~Jul-05 ~~Penalties~~0.000% 16Current Principal Balance 346,~~587~~230.8997 ~~Realized~~Aug-05 ~~Loss~~0.000% ~~Amount~~Sep-05 0.000% Oct-05 0.000% Nov-05 0.191% Dec-05 0.372% *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 ~~Cumulative~~Feb-05 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Scheduled~~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 ~~56,229~~Balance 0.8400 ~~Unscheduled~~Jul-05 0.000% Current Principal ~~6,032,407~~Balance 0.8200 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. 5 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 www.ctslink.com.

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 1Loans 2in 3Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~Group ~~Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.489994 5.485625 5.900922 Weighted Average Net Rate 6.114994 5.200772 5.593525 Weighted Average Maturity 353 354 353 Beginning~~ Loan ~~Count~~Month ~~208 260 439 Loans Paid In Full 9 4 6 Ending~~ Loan ~~Count~~First ~~199~~State ~~256~~LTV ~~433~~at ~~Beginning~~Original ~~Scheduled~~Number ~~Balance~~Entered ~~65,254,529.22~~Payment ~~79,709,760.67~~Origination ~~105,116,870.67~~Principal ~~Ending~~Bankruptcy ~~Scheduled~~Date Balance ~~61,772,117.25~~1 ~~78,268,533.08~~2105109110 ~~103,966,791.19 Record Date 07/29/~~Dec-2005 ~~07/29/~~01-Mar-2005 ~~07/29/2005~~TN ~~Principal And Interest Constant 371,362~~80.1400 ~~370~~146,~~833~~400.7300 ~~537,750.32 Scheduled Principal 18,444.20 6,452.15 20,844.90 Unscheduled Principal 3,463,967.77~~ 1~~,434,775.44~~ ~~1,129,234.58~~2115114633 ~~Scheduled~~Nov-2005 ~~Interest~~01-Mar-2005 ~~352,917.94~~OH ~~364,381~~80.5800 ~~516~~74,~~905~~400.~~42 Servicing Fees 20,392.04 18,921.32 26,927.22 Master Servicing Fees 0.~~00 ~~0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 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~~0085756401 ~~0.00~~Dec-2005 ~~0.00~~01-Mar-2005 ~~Spread~~OH ~~3 0~~80.00 ~~0.00 0.00 Net Interest 332~~155,~~525~~200.~~90 345,460.26 489,978.20 Realized Loss Amount 0.~~00 ~~0.00~~3 ~~0.00~~2115114795 ~~Cumulative~~Dec-2005 ~~Realized~~01-Mar-2005 ~~Loss~~MN 080.00 0164,000.00 ~~0.00~~3 ~~Percentage~~2115115759 ofNov-2005 ~~Cumulative~~01-Mar-2005 ~~Losses~~OH 080.~~0000 0.0000 0.0000 Prepayment Penalties 0.~~00 0183,150.00 ~~0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.114994 5.200772 5.593525~~

~~Group~~Bankruptcy ~~Level~~Detail ~~Collateral~~- ~~Statement~~All ~~Group~~Mortgage 4Loans 5in ~~Total~~Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~(continued) ~~Mixed~~Group ~~ARM Mixed ARM Weighted Average Coupon Rate 5.584887 5.730330 5.898337 Weighted Average Net Rate 5.311379 5.415850 5.582630 Weighted Average Maturity 351 352 353 Beginning~~ Loan ~~Count~~Current 53Paid 36To ~~996~~Months ~~Loans~~Current ~~Paid~~Approximate InNumber ~~Full~~Principal 0Date 0Delinquent ~~19 Ending~~ Loan ~~Count~~Rate 53Delinquent ~~36 977 Beginning Scheduled~~ Balance ~~12,340,656.13~~Interest ~~12,587,162.62~~1 ~~275,008,979.31~~2105109110 ~~Ending scheduled Balance 12~~146,~~335,036~~400.7600 ~~12,577,863.37 268,920,341.65 Record Date 07/29/~~01-Nov-2005 ~~07/29/2005~~0 ~~07/29/2005 Principal And Interest Constant 60,153~~5.11875% 671,~~876~~342.9500 1~~,407,976.25~~ ~~Scheduled~~2115114633 ~~Principal 2~~74,~~718.80 7,769.79 56,~~229.8409 ~~Unscheduled~~01-May-2005 ~~Principal 2,900.57 1,529.46~~ 6~~,032,407.82~~ ~~Scheduled Interest 57,434~~7.31375% 603,~~107~~457.1623 ~~1,351,746.41 Servicing Fees~~ 2~~,812.73~~ ~~3,298.67~~0085756401 72155,~~351~~200.~~98 Master Servicing Fees 0.~~00 ~~0.00~~01-Sep-2005 ~~0.00~~2 ~~Trustee Fee 0~~5.00750% 02,845.0036 ~~0.00~~3 ~~FRY~~2115114795 ~~Amount 0~~163,131.0081 ~~0.00~~01-Sep-2005 ~~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 07.00500% 03,872.0085 ~~0.00 Spread~~ 3 ~~0.00~~2115115759 ~~0.00 0.00 Net Interest 54~~183,~~621~~099.5816 56,808.49 1,279,394.43 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 Pass01-~~Through~~Jul-2005 ~~Rate~~4 56.~~311378~~625% 5,721.~~415850 5.582630~~84

Miscellaneous Reporting Group 1 Senior % 88.522501% Senior Prepaymemt % 100.000000% Subordinate % 11.477499% Group 2 Senior % 89.949803% Senior Prepaymemt % 100.000000% Subordinate % 10.050197% Group 3 Senior % 88.932447% Senior Prepaymemt % 100.000000% Subordinate % 11.067553%

Miscellaneous Reporting Group 4 Senior % 89.560012% Senior Prepaymemt % 100.000000% Subordinate % 10.439988% Group 5 Senior % 89.682332% Senior Prepaymemt % 100.000000% Subordinate % 10.317668%

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 9 3,471,200.00 3,462,611.35 0 0.00 0.00 2 4 1,423,600.00 1,423,543.08 0 0.00 0.00 3 6 1,124,980.00 1,122,033.43 0 0.00 0.00 4 0 0.00 0.00 0 0.00 0.00 5 0 0.00 0.00 0 0.00 0.00 Total 19 6,019,780.00 6,008,187.86 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 2,481.94 2 0 0.00 0.00 0 0.00 0.00 11,232.36 3 0 0.00 0.00 0 0.00 0.00 7,525.23 4 0 0.00 0.00 0 0.00 0.00 2,900.57 5 0 0.00 0.00 0 0.00 0.00 1,529.46 Total 0 0.00 0.00 0 0.00 0.00 25,669.56

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0004002130 CA 80.00 01-Feb-2005 328,000.00 328,000.00 1 0004120174 CA 80.00 01-Mar-2005 448,000.00 448,000.00 1 0020050028 NJ 80.00 01-Mar-2005 336,000.00 333,967.80 1 0080012296 CA 80.00 01-Mar-2005 279,200.00 279,200.00 1 0090410323 AZ 72.46 01-Jan-2005 500,000.00 500,000.00 1 0147704450 FL 80.00 01-Feb-2005 220,000.00 218,408.28 1 0C04SC1237 CA 80.00 01-Dec-2004 160,000.00 160,000.00 1 0C04SC1366 CA 80.00 01-Feb-2005 260,000.00 260,000.00 1 2104111705 CA 79.32 01-Feb-2005 940,000.00 933,909.75 2 0009337218 CA 80.00 01-Feb-2005 373,600.00 373,600.00 2 0009905137 CA 80.00 01-Mar-2005 494,000.00 494,000.00 2 0085785715 CA 58.46 01-Mar-2005 380,000.00 379,999.90 2 4510199990 CA 80.00 01-Dec-2004 176,000.00 175,943.18 3 0003704276 WA 77.97 01-Feb-2005 163,340.00 163,340.00 3 0003753429 AZ 80.00 01-Feb-2005 248,200.00 248,200.00 3 0090501222 AZ 80.00 01-Mar-2005 182,290.00 181,785.84 3 2104105370 AZ 79.99 01-Mar-2005 180,750.00 180,750.00 3 2111105564 FL 80.00 01-Dec-2004 72,000.00 70,727.79 3 2111106874 FL 79.54 01-Mar-2005 278,400.00 276,905.72

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0004002130 Loan Paid in Full 0 8.000% 360 6 1 0004120174 Loan Paid in Full 0 5.375% 360 5 1 0020050028 Loan Paid in Full 0 6.000% 360 5 1 0080012296 Loan Paid in Full (2) 5.500% 360 5 1 0090410323 Loan Paid in Full 0 7.375% 360 7 1 0147704450 Loan Paid in Full 0 7.625% 360 6 1 0C04SC1237 Loan Paid in Full 0 8.125% 360 8 1 0C04SC1366 Loan Paid in Full 0 7.125% 360 6 1 2104111705 Loan Paid in Full 0 8.250% 360 6 2 0009337218 Loan Paid in Full 0 5.250% 360 6 2 0009905137 Loan Paid in Full 0 6.125% 360 5 2 0085785715 Loan Paid in Full 0 5.875% 360 5 2 4510199990 Loan Paid in Full 0 4.875% 360 8 3 0003704276 Loan Paid in Full (1) 5.375% 360 6 3 0003753429 Loan Paid in Full 0 5.750% 360 6 3 0090501222 Loan Paid in Full 0 6.500% 360 5 3 2104105370 Loan Paid in Full 0 6.500% 360 5 3 2111105564 Loan Paid in Full 0 6.500% 360 8 3 2111106874 Loan Paid in Full 0 6.625% 360 5

Summary SMM CPR PSA Current Month 2.194% Current Month 23.372% Current Month 2,053.889% 3 Month Average 2.595% 3 Month Average 26.904% 3 Month Average 2,946.711% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 9.656% N/A Apr-2005 2,829.550% N/A May-2005 13.844% N/A May-2005 2,565.192% N/A Jun-2005 23.452% N/A Jun-2005 3,175.000% N/A Jul-2005 33.889% N/A Jul-2005 3,611.243% N/A Aug-2005 23.372% N/A Aug-2005 2,053.889% 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 5.310% Current Month 48.042% Current Month 4,322.993% 3 Month Average 5.132% 3 Month Average 45.732% 3 Month Average 4,993.400% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 7.154% N/A Apr-2005 2,202.548% N/A May-2005 28.207% N/A May-2005 5,393.465% N/A Jun-2005 30.455% N/A Jun-2005 4,243.992% N/A Jul-2005 58.699% N/A Jul-2005 6,413.213% N/A Aug-2005 48.042% N/A Aug-2005 4,322.993% 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 1.800% Current Month 19.586% Current Month 1,808.039% 3 Month Average 1.989% 3 Month Average 21.199% 3 Month Average 2,421.688% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 6.482% N/A Apr-2005 2,274.829% N/A May-2005 1.646% N/A May-2005 339.977% N/A Jun-2005 14.600% N/A Jun-2005 2,130.522% N/A Jul-2005 29.410% N/A Jul-2005 3,326.503% N/A Aug-2005 19.586% N/A Aug-2005 1,808.039% 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 1.074% Current Month 12.158% Current Month 1,053.119% 3 Month Average 1.874% 3 Month Average 20.078% 3 Month Average 2,287.838% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 15.539% N/A Apr-2005 4,373.282% N/A May-2005 11.087% N/A May-2005 1,999.909% N/A Jun-2005 27.737% N/A Jun-2005 3,678.596% N/A Jul-2005 20.339% N/A Jul-2005 2,131.798% N/A Aug-2005 12.158% N/A Aug-2005 1,053.119% 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 0.024% Current Month 0.282% Current Month 22.898% 3 Month Average 1.389% 3 Month Average 14.870% 3 Month Average 1,591.151% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 0.205% N/A Apr-2005 47.808% N/A May-2005 0.731% N/A May-2005 116.149% N/A Jun-2005 19.105% N/A Jun-2005 2,302.808% N/A Jul-2005 25.221% N/A Jul-2005 2,447.746% N/A Aug-2005 0.282% N/A Aug-2005 22.898% 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 0.012% Current Month 0.146% Current Month 10.556% 3 Month Average 0.001% 3 Month Average 0.015% 3 Month Average 0.997% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 (0.091)% N/A Apr-2005 (15.488)% N/A May-2005 31.472% N/A May-2005 4,027.129% N/A Jun-2005 0.057% N/A Jun-2005 5.790% N/A Jul-2005 (0.158)% N/A Jul-2005 (13.356)% N/A Aug-2005 0.146% N/A Aug-2005 10.556% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. 4 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. 5 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~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 N/A ~~Nov~~Mar-~~2004~~2005 N/A 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 ~~N/A~~0.000% N/A ~~Mar~~Jul-2005 ~~N/A~~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% 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 Trust 2005-3