8-K 1 mst05001_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 ASSET SECURITIZATION TRUST Mortgage Pass-Through Certificates, Series 2005-1 (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-70 Pooling and Servicing Agreement) (Commission 54-2175566 (State or other File Number) 54-2175567 jurisdiction 54-2182214 of Incorporation) 54-6666943 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 ASSET SECURITIZATION TRUST, Mortgage Pass-Through Certificates, Series 2005-1 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 2005-1 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 ASSET SECURITIZATION TRUST Mortgage Pass-Through Certificates, Series 2005-1 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 2005-1 Trust, relating to the December 27, 2005 distribution. EX-99.1 MASTR Asset Securitization Trust Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 MASTR Asset Securitization Trust Mortgage Pass-Through Certificates Series 2005-1 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

Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates Series 2005-1 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 57643MKB9 ~~SEN~~ 5.00000% 3130,~~307~~418,~~524~~685.7821 ~~130~~126,~~448~~744.0252 2-A-1 57643MKC7 ~~SEN 3~~4.~~76000~~49375% 3129,~~236~~296,~~105~~132.2641 97109,~~873~~707.1391 2-A-2 57643MKD5 ~~SEN~~ 5.25000% 25,000,000.00 109,375.00 2-A-3 57643MKE3 ~~SEN~~ 5.25000% 2423,~~649~~058,~~119~~310.5297 ~~107~~100,~~839~~880.9011 2-A-4 57643MKF0 ~~SEN~~ 5.50000% 11,158,000.00 51,140.83 2-A-5 57643MKG8 ~~SEN~~ 5.00000% ~~112~~105,~~619~~655,~~861~~374.2914 ~~469~~440,~~249~~230.4273 2-A-6 57643MKH6 IO 3.~~74000~~00625% 0.00 9773,~~352~~392.5392 2-A-7 57643MKJ2 IO 5.50000% 0.00 3,541.67 2-A-8 57643MKK9 ~~SEN~~ 5.50000% 22,840,000.00 104,683.33 2-A-9 57643MKL7 ~~SEN~~ 5.50000% 1,202,000.00 5,509.17 A-UR 57643MKN3 ~~SEN~~ 5.00000% 0.00 0.00 A-LR 57643MKM5 ~~SEN~~ 5.00000% 0.00 0.00 15-A-X 57643MKP8 IO 5.00000% 0.00 4,~~705~~552.4350 30-A-X 57643MKQ6 IO 5.50000% 0.00 2725,~~982~~574.1355 15-PO 57643MKR4 ~~SEN~~ 0.00000% ~~407~~400,~~296~~446.9084 0.00 30-PO 57643MKS2 ~~SEN~~ 0.00000% 2,~~544~~514,~~312~~188.3565 0.00 B-1 57643MKT0 ~~SUB~~ 5.~~43821~~43882% 3,~~832~~810,249.5752 17,~~367~~269.1339 B-2 57643MKU7 ~~SUB~~ 5.~~43821~~43882% 1,~~642~~632,~~392~~964.6708 7,~~443~~401.0617 B-3 57643MKV5 ~~SUB~~ 5.~~43821~~43882% ~~958~~952,~~311~~810.6925 4,~~342~~318.9147 B-4 57643MKW3 ~~SUB~~ 5.~~43821~~43882% ~~410~~408,~~847~~488.4789 1,~~861~~851.8942 B-5 57643MKX1 ~~SUB~~ 5.~~43821~~43882% ~~547~~544,~~464~~321.2236 2,~~481~~467.0206 B-6 57643MKY9 ~~SUB~~ 5.~~43821~~43882% ~~410~~408,~~828~~470.5208 1,~~861~~851.8133 P 57643MKZ6 ~~SEN~~ 0.00000% 0.01 0.00 Totals ~~270~~259,~~766~~300,~~314~~442.2541 1,~~245~~190,~~058~~492.3808

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 ~~496~~134,~~466~~465.2808 0.00 30,~~811~~284,~~058~~220.5013 ~~626~~261,~~914~~209.3060 0.00 2-A-1 ~~351~~423,~~629~~504.9315 0.00 3028,~~884~~872,~~475~~628.3326 ~~449~~533,~~503~~212.06 0.00 2-A-2 0.00 0.00 25,000,000.00 109,375.00 0.00 2-A-3 ~~288~~347,~~342~~280.13 0.00 2422,~~360~~711,~~777~~030.3984 ~~396~~448,~~182~~160.0324 0.00 2-A-4 0.00 0.00 11,158,000.00 51,140.83 0.00 2-A-5 1,~~262~~520,~~348~~376.6652 0.00 ~~111~~104,~~357~~134,~~512~~997.6362 1,~~731~~960,~~598~~607.0825 0.00 2-A-6 0.00 0.00 0.00 9773,~~352~~392.5392 0.00 2-A-7 0.00 0.00 0.00 3,541.67 0.00 2-A-8 0.00 0.00 22,840,000.00 104,683.33 0.00 2-A-9 0.00 0.00 1,202,000.00 5,509.17 0.00 A-UR 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 15-A-X 0.00 0.00 0.00 4,~~705~~552.4350 0.00 30-A-X 0.00 0.00 0.00 2725,~~982~~574.1355 0.00 15-PO 1,~~670~~764.0689 0.00 ~~405~~398,~~626~~681.8495 1,~~670~~764.0689 0.00 30-PO 3,~~183~~161.1753 0.00 2,~~541~~511,~~129~~027.1812 3,~~183~~161.1753 0.00 B-1 5,~~440~~586.2100 0.00 3,~~826~~804,~~809~~663.3652 22,~~807~~855.3439 0.00 B-2 2,~~331~~394.5200 0.00 1,~~640~~630,~~061~~570.1508 9,~~774~~795.5817 0.00 B-3 1,~~360~~396.4186 0.00 ~~956,~~951,413.2939 5,~~703~~715.3233 0.00 B-4 ~~583~~598.2386 0.00 ~~410~~407,~~264~~890.2403 2,~~445~~450.1228 0.00 B-5 ~~777~~798.1700 0.00 ~~546~~543,~~687~~523.0536 3,~~258~~265.1906 0.00 B-6 ~~583~~598.2184 0.00 ~~410~~407,~~245~~871.3224 2,~~445~~450.0217 0.00 P 0.00 0.00 0.01 0.00 0.00 Totals 2,~~414~~441,~~715~~924.9886 0.00 ~~268~~256,~~351~~858,~~598~~517.2955 3,~~659~~632,~~774~~416.3694 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 32,719,000.00 3130,~~307~~418,~~524~~685.7821 ~~121~~122,~~677~~577.3541 ~~374~~11,~~788~~887.9367 0.00 0.00 2-A-1 31,664,000.00 3129,~~236~~296,~~105~~132.2641 4544,~~305~~716.6736 ~~306~~378,~~324~~787.2678 0.00 0.00 2-A-2 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 2-A-3 25,000,000.00 2423,~~649~~058,~~119~~310.5297 3736,~~151~~668.3713 ~~251~~310,~~190~~612.7600 0.00 0.00 2-A-4 11,158,000.00 11,158,000.00 0.00 0.00 0.00 0.00 2-A-5 114,156,000.00 ~~112~~105,~~619~~655,~~861~~374.2914 ~~162~~160,~~647~~531.0039 1,~~099~~359,~~701~~845.6613 0.00 0.00 2-A-6 0.00 0.00 0.00 0.00 0.00 0.00 2-A-7 0.00 0.00 0.00 0.00 0.00 0.00 2-A-8 22,840,000.00 22,840,000.00 0.00 0.00 0.00 0.00 2-A-9 1,202,000.00 1,202,000.00 0.00 0.00 0.00 0.00 A-UR 25.00 0.00 0.00 0.00 0.00 0.00 A-LR 25.00 0.00 0.00 0.00 0.00 0.00 15-A-X 0.00 0.00 0.00 0.00 0.00 0.00 30-A-X 0.00 0.00 0.00 0.00 0.00 0.00 15-PO 410,588.00 ~~407~~400,~~296~~446.9084 1,~~621~~649.7095 48114.3694 0.00 0.00 30-PO 2,550,425.00 2,~~544~~514,~~312~~188.3565 2,~~837~~879.7207 ~~345~~282.4546 0.00 0.00 B-1 3,843,000.00 3,~~832~~810,249.5752 5,~~440~~586.2100 0.00 0.00 0.00 B-2 1,647,000.00 1,~~642~~632,~~392~~964.6708 2,~~331~~394.5200 0.00 0.00 0.00 B-3 961,000.00 ~~958~~952,~~311~~810.6925 1,~~360~~396.4186 0.00 0.00 0.00 B-4 412,000.00 ~~410~~408,~~847~~488.4789 ~~583~~598.2386 0.00 0.00 0.00 B-5 549,000.00 ~~547~~544,~~464~~321.2236 ~~777~~798.1700 0.00 0.00 0.00 B-6 411,981.00 ~~410~~408,~~828~~470.5208 ~~583~~598.2184 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 Totals 274,524,044.01 ~~270~~259,~~766~~300,~~314~~442.2541 ~~382~~380,~~316~~394.5687 2,~~032~~061,~~399~~529.4298 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 ~~496~~134,~~466~~465.2808 30,~~811~~284,~~058~~220.5013 0.~~94168705~~925585 ~~496~~134,~~466~~465.2808 2-A-1 ~~351~~423,~~629~~504.9315 3028,~~884~~872,~~475~~628.3326 0.~~97538136~~911844 ~~351~~423,~~629~~504.9315 2-A-2 0.00 25,000,000.00 1.~~00000000~~000000 0.00 2-A-3 ~~288~~347,~~342~~280.13 2422,~~360~~711,~~777~~030.3984 0.~~97443110~~908441 ~~288~~347,~~342~~280.13 2-A-4 0.00 11,158,000.00 1.~~00000000~~000000 0.00 2-A-5 1,~~262~~520,~~348~~376.6652 ~~111~~104,~~357~~134,~~512~~997.6362 0.~~97548541~~912217 1,~~262~~520,~~348~~376.6652 2-A-6 0.00 0.00 0.~~00000000~~000000 0.00 2-A-7 0.00 0.00 0.~~00000000~~000000 0.00 2-A-8 0.00 22,840,000.00 1.~~00000000~~000000 0.00 2-A-9 0.00 1,202,000.00 1.~~00000000~~000000 0.00 A-UR 0.00 0.00 0.~~00000000~~000000 0.00 A-LR 0.00 0.00 0.~~00000000~~000000 0.00 15-A-X 0.00 0.00 0.~~00000000~~000000 0.00 30-A-X 0.00 0.00 0.~~00000000~~000000 0.00 15-PO 1,~~670~~764.0689 ~~405~~398,~~626~~681.8495 0.~~98791694~~971002 1,~~670~~764.0689 30-PO 3,~~183~~161.1753 2,~~541~~511,~~129~~027.1812 0.~~99635519~~984552 3,~~183~~161.1753 B-1 5,~~440~~586.2100 3,~~826~~804,~~809~~663.3652 0.~~99578698~~990024 5,~~440~~586.2100 B-2 2,~~331~~394.5200 1,~~640~~630,~~061~~570.1508 0.~~99578698~~990024 2,~~331~~394.5200 B-3 1,~~360~~396.4186 ~~956,~~951,413.2939 0.~~99578698~~990024 1,~~360~~396.4186 B-4 ~~583~~598.2386 ~~410~~407,~~264~~890.2403 0.~~99578699~~990024 ~~583~~598.2386 B-5 ~~777~~798.1700 ~~546~~543,~~687~~523.0536 0.~~99578698~~990024 ~~777~~798.1700 B-6 ~~583~~598.2184 ~~410~~407,~~245~~871.3224 0.~~99578699~~990024 ~~583~~598.2184 P 0.00 0.01 1.~~00000000~~000000 0.00 Totals 2,~~414~~441,~~715~~924.9886 ~~268~~256,~~351~~858,~~598~~517.2955 0.~~97751583~~935650 2,~~414~~441,~~715~~924.9886

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 32,719,000.00 ~~956~~929.~~86068584~~694832 3.~~71885907~~746368 110.~~45477949~~363326 0.~~00000000~~000000 2-A-1 31,664,000.00 ~~986~~925.~~48639654~~218937 1.~~43082586~~412215 911.~~67421235~~962727 0.~~00000000~~000000 2-A-2 25,000,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-3 25,000,000.00 ~~985~~922.~~96478080~~332439 1.~~48605480~~466725 1012.~~04763040~~424480 0.~~00000000~~000000 2-A-4 11,158,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-5 114,156,000.00 ~~986~~925.~~54351317~~535006 1.~~42477837~~406246 911.~~63332335~~912165 0.~~00000000~~000000 2-A-6 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-7 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-8 22,840,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-9 1,202,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-UR 25.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A-LR 25.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 15-A-X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-A-X 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 15-PO 410,588.00 ~~991~~975.~~98442234~~300886 34.~~94970140~~018505 0.~~11778230~~279940 0.~~00000000~~000000 30-PO 2,550,425.00 ~~997~~985.~~60328181~~792035 1.~~11264593~~128859 0.~~13544801~~110750 0.~~00000000~~000000 B-1 3,843,000.00 ~~997~~991.~~20259433~~477887 1.~~41561540~~453552 0.~~00000000~~000000 0.~~00000000~~000000 B-2 1,647,000.00 ~~997~~991.~~20259259~~477887 1.~~41561627~~453552 0.~~00000000~~000000 0.~~00000000~~000000 B-3 961,000.00 ~~997~~991.~~20259105~~477888 1.~~41561915~~453548 0.~~00000000~~000000 0.~~00000000~~000000 B-4 412,000.00 ~~997~~991.~~20259709~~477888 1.~~41560680~~453544 0.~~00000000~~000000 0.~~00000000~~000000 B-5 549,000.00 ~~997~~991.~~20258652~~477887 1.~~41561020~~453552 0.~~00000000~~000000 0.~~00000000~~000000 B-6 411,981.00 ~~997~~991.~~20258944~~477957 1.~~41562354~~453562 0.~~00000000~~000000 0.~~00000000~~000000 P 0.01 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 All Classes are per $1000 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 154.~~17363856~~109694 ~~941~~925.~~68704728~~585138 0.~~94168705~~925585 154.~~17363856~~109694 2-A-1 0.~~00000000~~000000 1113.~~10503821~~374942 ~~975~~911.~~38135832~~843995 0.~~97538136~~911844 1113.~~10503821~~374942 2-A-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 2-A-3 0.~~00000000~~000000 1113.~~53368520~~891205 ~~974~~908.~~43109560~~441234 0.~~97443110~~908441 1113.~~53368520~~891205 2-A-4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 2-A-5 0.~~00000000~~000000 1113.~~05810172~~318411 ~~975~~912.~~48541145~~216595 0.~~97548541~~912217 1113.~~05810172~~318411 2-A-6 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-7 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 2-A-8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 2-A-9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 A-UR 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 15-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-A-X 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 15-PO 0.~~00000000~~000000 4.~~06748371~~298445 ~~987~~971.~~91693863~~002440 0.~~98791694~~971002 4.~~06748371~~298445 30-PO 0.~~00000000~~000000 1.~~24809395~~239609 ~~996~~984.~~35518786~~552426 0.~~99635519~~984552 1.~~24809395~~239609 B-1 0.~~00000000~~000000 1.~~41561540~~453552 ~~995~~990.~~78697892~~024335 0.~~99578698~~990024 1.~~41561540~~453552 B-2 0.~~00000000~~000000 1.~~41561627~~453552 ~~995~~990.~~78697632~~024335 0.~~99578698~~990024 1.~~41561627~~453552 B-3 0.~~00000000~~000000 1.~~41561915~~453548 ~~995~~990.~~78698231~~024339 0.~~99578698~~990024 1.~~41561915~~453548 B-4 0.~~00000000~~000000 1.~~41560680~~453544 ~~995~~990.~~78699029~~024345 0.~~99578699~~990024 1.~~41560680~~453544 B-5 0.~~00000000~~000000 1.~~41561020~~453552 ~~995~~990.~~78697632~~024335 0.~~99578698~~990024 1.~~41561020~~453552 B-6 0.~~00000000~~000000 1.~~41562354~~453562 ~~995~~990.~~78699018~~024394 0.~~99578699~~990024 1.~~41562354~~453562 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~~$1000 ~~Excess Special Hazard, 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 ~~32,719,000.00~~11/01/05 - 11/30/05 30 5.00000% 3130,~~307~~418,~~524~~685.7821 ~~130~~126,~~448~~744.0252 0.00 ~~0.00~~ 2-A-1 ~~31,664,000.00~~11/25/05 3- 12/24/05 30 4.~~76000~~49375% 3129,~~236~~296,~~105~~132.2641 97109,~~873~~707.1391 0.00 ~~0.00~~ 2-A-2 ~~25,000,000.00~~11/01/05 - 11/30/05 30 5.25000% 25,000,000.00 109,375.00 0.00 ~~0.00~~ 2-A-3 ~~25,000,000.00~~11/01/05 - 11/30/05 30 5.25000% 2423,~~649~~058,~~119~~310.5297 ~~107~~100,~~839~~880.9011 0.00 ~~0.00~~ 2-A-4 11~~,158,000.00~~/01/05 - 11/30/05 30 5.50000% 11,158,000.00 51,140.83 0.00 ~~0.00~~ 2-A-5 ~~114,156,000.00~~11/01/05 - 11/30/05 30 5.00000% ~~112~~105,~~619~~655,~~861~~374.2914 ~~469~~440,~~249~~230.4273 0.00 ~~0.00~~ 2-A-6 ~~0.00~~11/25/05 - 12/24/05 30 3.~~74000~~00625% 3129,~~236~~296,~~105~~132.2641 9773,~~352~~392.5392 0.00 ~~0.00~~ 2-A-7 ~~0.00~~11/01/05 - 11/30/05 30 5.50000% 772,727.27 3,541.67 0.00 ~~0.00~~ 2-A-8 ~~22,840,000.00~~11/01/05 - 11/30/05 30 5.50000% 22,840,000.00 104,683.33 0.00 ~~0.00~~ 2-A-9 ~~1,202,000.00~~11/01/05 - 11/30/05 30 5.50000% 1,202,000.00 5,509.17 0.00 ~~0.00~~ A-UR ~~25.00~~N/A N/A 5.00000% 0.00 0.00 0.00 ~~0.00~~ A-LR ~~25.00~~N/A N/A 5.00000% 0.00 0.00 0.00 ~~0.00~~ 15-A-X ~~0.00~~11/01/05 - 11/30/05 30 5.00000% 1,~~129~~092,~~302~~600.4279 4,~~705~~552.4350 0.00 ~~0.00~~ 30-A-X ~~0.00~~11/01/05 - 11/30/05 30 5.50000% 65,~~105~~579,~~190~~902.9570 2725,~~982~~574.1355 0.00 ~~0.00~~ 15-PO ~~410,588.00~~N/A N/A 0.00000% ~~407~~400,~~296~~446.9084 0.00 0.00 ~~0.00~~ 30-PO ~~2,550,425.00~~N/A N/A 0.00000% 2,~~544~~514,~~312~~188.3565 0.00 0.00 ~~0.00~~ B-1 ~~3,843,000.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% 3,~~832~~810,249.5752 17,~~367~~269.1339 0.00 ~~0.00~~ B-2 ~~1,647,000.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% 1,~~642~~632,~~392~~964.6708 7,~~443~~401.0617 0.00 ~~0.00~~ B-3 ~~961,000.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% ~~958~~952,~~311~~810.6925 4,~~342~~318.9147 0.00 ~~0.00~~ B-4 ~~412,000.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% ~~410~~408,~~847~~488.4789 1,~~861~~851.8942 0.00 ~~0.00~~ B-5 ~~549,000.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% ~~547~~544,~~464~~321.2236 2,~~481~~467.0206 0.00 ~~0.00~~ B-6 ~~411,981.00~~11/01/05 - 11/30/05 30 5.~~43821~~43882% ~~410~~408,~~828~~470.5208 1,~~861~~851.8133 0.00 ~~0.00~~ P ~~0.01~~N/A N/A 0.00000% 0.01 0.00 0.00 ~~0.00~~ Totals ~~274,524,044.01~~ 1,~~245~~190,~~058~~492.3808 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 ~~130~~126,~~448~~744.0252 0.00 30,~~811~~284,~~058~~220.5013 2-A-1 0.00 0.00 97109,~~873~~707.1391 0.00 3028,~~884~~872,~~475~~628.3326 2-A-2 0.00 0.00 109,375.00 0.00 25,000,000.00 2-A-3 0.00 0.00 ~~107~~100,~~839~~880.9011 0.00 2422,~~360~~711,~~777~~030.3984 2-A-4 0.00 0.00 51,140.83 0.00 11,158,000.00 2-A-5 0.00 0.00 ~~469~~440,~~249~~230.4273 0.00 ~~111~~104,~~357~~134,~~512~~997.6362 2-A-6 0.00 0.00 9773,~~352~~392.5392 0.00 3028,~~884~~872,~~475~~628.3326 2-A-7 0.00 0.00 3,541.67 0.00 772,727.27 2-A-8 0.00 0.00 104,683.33 0.00 22,840,000.00 2-A-9 0.00 0.00 5,509.17 0.00 1,202,000.00 A-UR 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 15-A-X 0.00 0.00 4,~~705~~552.4350 0.00 1,~~106~~087,~~285~~811.1726 30-A-X 0.00 0.00 2725,~~982~~574.1355 0.00 65,~~075~~555,~~078~~278.0223 15-PO 0.00 0.00 0.00 0.00 ~~405~~398,~~626~~681.8495 30-PO 0.00 0.00 0.00 0.00 2,~~541~~511,~~129~~027.1812 B-1 0.00 0.00 17,~~367~~269.1339 0.00 3,~~826~~804,~~809~~663.3652 B-2 0.00 0.00 7,~~443~~401.0617 0.00 1,~~640~~630,~~061~~570.1508 B-3 0.00 0.00 4,~~342~~318.9147 0.00 ~~956,~~951,413.2939 B-4 0.00 0.00 1,~~861~~851.8942 0.00 ~~410~~407,~~264~~890.2403 B-5 0.00 0.00 2,~~481~~467.0206 0.00 ~~546~~543,~~687~~523.0536 B-6 0.00 0.00 1,~~861~~851.8133 0.00 ~~410~~407,~~245~~871.3224 P 0.00 0.00 0.00 0.00 0.01 Totals 0.00 0.00 1,~~245~~190,~~058~~492.3808 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 32,719,000.00 5.00000% ~~956~~929.~~86068584~~694832 3.~~98691953~~873728 0.~~00000000~~000000 ~~0.00000000~~ 2-A-1 11/25/05 - 12/24/05 31,664,000.00 34.~~76000~~49375% ~~986~~925.~~48639654~~218937 3.~~09099072~~464752 0.~~00000000~~000000 ~~0.00000000~~ 2-A-2 11/01/05 - 11/30/05 25,000,000.00 5.25000% 1000.~~00000000~~000000 4.~~37500000~~375000 0.~~00000000~~000000 ~~0.00000000~~ 2-A-3 11/01/05 - 11/30/05 25,000,000.00 5.25000% ~~985~~922.~~96478080~~332439 4.~~31359600~~035204 0.~~00000000~~000000 ~~0.00000000~~ 2-A-4 11/01/05 - 11/30/05 11,158,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333303~~583333 0.~~00000000~~000000 ~~0.00000000~~ 2-A-5 11/01/05 - 11/30/05 114,156,000.00 5.00000% ~~986~~925.~~54351317~~535006 43.~~11059795~~856396 0.~~00000000~~000000 ~~0.00000000~~ 2-A-6 11/25/05 - 12/24/05 0.00 3.~~74000~~00625% ~~986~~925.~~48639654~~218937 32.~~07454933~~317866 0.~~00000000~~000000 ~~0.00000000~~ 2-A-7 11/01/05 - 11/30/05 0.00 5.50000% 1000.~~00034941~~000349 4.~~58333926~~583339 0.~~00000000~~000000 ~~0.00000000~~ 2-A-8 11/01/05 - 11/30/05 22,840,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333319~~583333 0.~~00000000~~000000 ~~0.00000000~~ 2-A-9 11/01/05 - 11/30/05 1,202,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333611~~583336 0.~~00000000~~000000 ~~0.00000000~~ A-UR N/A 25.00 5.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A-LR N/A 25.00 5.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ 15-A-X 11/01/05 - 11/30/05 0.00 5.00000% ~~944~~913.~~01257566~~332751 3.~~93338845~~805550 0.~~00000000~~000000 ~~0.00000000~~ 30-A-X 11/01/05 - 11/30/05 0.00 5.50000% ~~985~~900.~~65428688~~848976 4.~~51758293~~128890 0.~~00000000~~000000 ~~0.00000000~~ 15-PO N/A 410,588.00 0.00000% ~~991~~975.~~98442234~~300886 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ 30-PO N/A 2,550,425.00 0.00000% ~~997~~985.~~60328181~~792035 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ B-1 11/01/05 - 11/30/05 3,843,000.00 5.~~43821~~43882% ~~997~~991.~~20259433~~477887 4.~~51915951~~493726 0.~~00000000~~000000 ~~0.00000000~~ B-2 11/01/05 - 11/30/05 1,647,000.00 5.~~43821~~43882% ~~997~~991.~~20259259~~477887 4.~~51916211~~493728 0.~~00000000~~000000 ~~0.00000000~~ B-3 11/01/05 - 11/30/05 961,000.00 5.~~43821~~43882% ~~997~~991.~~20259105~~477888 4.~~51915713~~493725 0.~~00000000~~000000 ~~0.00000000~~ B-4 11/01/05 - 11/30/05 412,000.00 5.~~43821~~43882% ~~997~~991.~~20259709~~477888 4.~~51915049~~493738 0.~~00000000~~000000 ~~0.00000000~~ B-5 11/01/05 - 11/30/05 549,000.00 5.~~43821~~43882% ~~997~~991.~~20258652~~477887 4.~~51916211~~493734 0.~~00000000~~000000 ~~0.00000000~~ B-6 11/01/05 - 11/30/05 411,981.00 5.~~43821~~43882% ~~997~~991.~~20258944~~477957 4.~~51916472~~493727 0.~~00000000~~000000 ~~0.00000000~~ P N/A 0.01 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000 0.00000000 All Classes are per $1000 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 3.~~98691953~~873728 0.~~00000000~~000000 ~~941~~925.~~68704728~~585138 2-A-1 0.~~00000000~~000000 0.~~00000000~~000000 3.~~09099072~~464752 0.~~00000000~~000000 ~~975~~911.~~38135832~~843995 2-A-2 0.~~00000000~~000000 0.~~00000000~~000000 4.~~37500000~~375000 0.~~00000000~~000000 1000.~~00000000~~000000 2-A-3 0.~~00000000~~000000 0.~~00000000~~000000 4.~~31359600~~035204 0.~~00000000~~000000 ~~974~~908.~~43109560~~441234 2-A-4 0.~~00000000~~000000 0.~~00000000~~000000 4.~~58333303~~583333 0.~~00000000~~000000 1000.~~00000000~~000000 2-A-5 0.~~00000000~~000000 0.~~00000000~~000000 43.~~11059795~~856396 0.~~00000000~~000000 ~~975~~912.~~48541145~~216595 2-A-6 0.~~00000000~~000000 0.~~00000000~~000000 32.~~07454933~~317866 0.~~00000000~~000000 ~~975~~911.~~38135832~~843995 2-A-7 0.~~00000000~~000000 0.~~00000000~~000000 4.~~58333926~~583339 0.~~00000000~~000000 1000.~~00034941~~000349 2-A-8 0.~~00000000~~000000 0.~~00000000~~000000 4.~~58333319~~583333 0.~~00000000~~000000 1000.~~00000000~~000000 2-A-9 0.~~00000000~~000000 0.~~00000000~~000000 4.~~58333611~~583336 0.~~00000000~~000000 1000.~~00000000~~000000 A-UR 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 15-A-X 0.~~00000000~~000000 0.~~00000000~~000000 3.~~93338845~~805550 0.~~00000000~~000000 ~~924~~909.~~77187178~~329061 30-A-X 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51758293~~128890 0.~~00000000~~000000 ~~980~~896.~~79269634~~873472 15-PO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~987~~971.~~91693863~~002440 30-PO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~996~~984.~~35518786~~552426 B-1 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51915951~~493726 0.~~00000000~~000000 ~~995~~990.~~78697892~~024335 B-2 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51916211~~493728 0.~~00000000~~000000 ~~995~~990.~~78697632~~024335 B-3 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51915713~~493725 0.~~00000000~~000000 ~~995~~990.~~78698231~~024339 B-4 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51915049~~493738 0.~~00000000~~000000 ~~995~~990.~~78699029~~024345 B-5 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51916211~~493734 0.~~00000000~~000000 ~~995~~990.~~78697632~~024335 B-6 0.~~00000000~~000000 0.~~00000000~~000000 4.~~51916472~~493727 0.~~00000000~~000000 ~~995~~990.~~78699018~~024394 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~~$1000 ~~Supplement for a Full Description.~~denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3,~~718~~688,~~058~~291.2990 ~~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 0.00 Swap/Cap Payments 0.00 Total Deposits 3,~~718~~688,~~058~~291.2990 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 58~~55,~~283~~874.9396 Payment of Interest and Principal 3,~~659~~632,~~774~~416.3694 Total Withdrawals (Pool Distribution Amount) 3,~~718~~688,~~058~~291.2990 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* 5654,~~409~~020.6592 Assured Guaranty Corp Fee 1,666.67 Master Servicing Fee ~~207~~- Wells Fargo Bank, N.61A. 187.37 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees 5855,~~283~~874.9396 *Servicer Payees include: BANK OF AMERICA (NY); CENLAR FSB; CHASE HOME FINANCE LLC; DOWNEY SAVINGS; EVERBANK; GMAC MTG CORP; GREENPOINT MTG FUNDING, INC; M & T MTG CORP; MID AMERICA BANK, FSB; NATIONAL CITY MTG CO; PHH US MTG CORP; PROVIDENT FUNDING ASSOC. LP; SUN TRUST MTG INC; WACHOVIA MORTGAGE CORPORATION; WASHINGTON MUTUAL BANK, F.A.; WELLS FARGO BANK, N.A.

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance ~~Financial~~Class ~~Guaranty~~2-A-2 0Reserve 24,886.0047 0.00 0.00 024,886.0047 ~~Reserve~~ Fund ~~24,893~~Class 2-A-2 Rounding 999.7399 0.00 0.00 ~~24,893~~999.7399 ~~Reserve~~Account ~~Fund~~OTHER ~~999.99~~ACCOUNTS Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Financial Guaranty 0.00 0.00 ~~999~~0.9900

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~Fixed ~~Total~~Ratio NoStrip ofWeighted ~~Loans~~Average NoGross ofCoupon ~~Loans~~5.767983% NoWeighted ofAverage ~~Loans~~Pass-Through NoRate of5.517116% ~~Loans~~Weighted NoAverage ofRemaining ~~Loans~~Term ~~Principal~~328 ~~Balance~~Beginning ~~Principal~~Scheduled ~~Balance~~Collateral ~~Principal~~Loan ~~Balance~~Count ~~Principal~~499 ~~Balance~~Number ~~Principal~~Of ~~Balance~~Loans ~~0-29~~Paid ~~Days~~In 0Full 05 0Ending 0Scheduled ~~0.00~~Collateral ~~0.00~~Loan ~~0.00~~Count ~~0.00~~494 30Beginning ~~Days~~Scheduled 1Collateral 0Balance ~~0 0 1 392~~259,~~730~~300,443.4362 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral ~~392~~Balance 256,~~730~~858,518.4376 60Ending ~~Days~~Actual 0Collateral 0Balance 0at 030-Nov-2005 ~~0 0~~257,181,026.0003 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 01,626,761.0097 90Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived Amount 0.00 ~~120~~Prepayment ~~Days~~Penalty 0Waived 0Count 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~150~~Paid ~~Days~~Count 0 0Realized 0Loss 0Amount 0 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~180+~~Class ~~Days~~A 0Optimal 0Amount ~~0 0 0 0~~3,582,625.0078 ~~0.00~~Class ~~0.00~~AP ~~0.00~~Deferred ~~0.00~~Amount ~~Totals 1~~ 0 ~~0 0 1 392,730~~.~~43 0.~~00 ~~0.00~~Scheduled ~~0.00~~Principal ~~392~~380,~~730~~394.4388 NoUnscheduled ~~of Loans No of Loans No of Loans No of Loans No of Loans~~ Principal ~~Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0~~2,061,529.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.194175% 0.000000% 0.000000% 0.000000% 0.194175% 0.146179% 0.000000% 0.000000% 0.000000% 0.146179% 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 0.194175% 0.000000% 0.000000% 0.000000% 0.194175% 0.146179% 0.000000% 0.000000% 0.000000% 0.146179%98

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group 1 No2 ofTotal ~~Loans~~Collateral NoDescription ofFixed ~~Loans~~15 No& of30 ~~Loans~~Year NoFixed of15 ~~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~~Year 0Mixed 0Fixed 0Ratio 0Strip 0Weighted ~~0.00~~Average ~~0.00~~Coupon ~~0.00~~Rate 05.00360147 05.00824925 ~~60 Days 0 0 0 0 0 0~~5.00767983 ~~0.00~~Weighted ~~0.00~~Average ~~0.00~~Net ~~0.00~~Rate ~~90 Days 0 0 0 0 0 0~~5.00110147 05.00574925 05.00517983 ~~0.00~~Weighted ~~0.00~~Average ~~120~~Remaining ~~Days~~Term 0169 0350 0328 0Beginning 0Loan ~~0.00~~Count ~~0.00~~65 ~~0.00~~434 ~~0.00~~499 ~~0.00~~Loans ~~150~~Paid ~~Days~~In 0Full 0 05 05 0Ending ~~0.00~~Loan ~~0.00~~Count ~~0.00~~65 ~~0.00~~429 ~~0.00~~494 ~~180+~~Beginning ~~Days~~Scheduled 0Balance ~~0 0 0 0 0~~31,768,286.0087 0227,532,156.0075 0259,300,443.0062 ~~0.00~~Ending ~~0.00~~Scheduled ~~Totals~~Balance ~~0 0 0 0 0 0~~31,628,232.0012 0225,230,286.0064 0256,858,518.0076 ~~0.00~~Record ~~0.00~~Date ~~0-29~~11/30/2005 ~~Days~~11/30/2005 ~~0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%~~ 11/30/2005 ~~Days~~Principal ~~0.000000%~~And ~~0.000000%~~Interest ~~0.000000%~~Constant 0269,954.~~000000%~~37 01,356,807.~~000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%~~ 60 ~~Days 0~~1,626,761.~~000000%~~97 ~~0.000000%~~Scheduled ~~0.000000%~~Principal 0128,052.~~000000%~~14 0252,342.~~000000%~~74 0380,394.~~000000%~~88 ~~0.000000%~~Unscheduled ~~0.000000%~~Principal 012,002.~~000000%~~61 02,049,527.~~000000%~~37 ~~90 Days 0~~2,061,529.~~000000%~~98 ~~0.000000%~~Scheduled ~~0.000000%~~Interest 0141,902.~~000000%~~23 01,104,464.~~000000%~~86 01,246,367.~~000000%~~09 ~~0.000000%~~Servicing ~~0.000000%~~Fee 06,618.~~000000%~~39 047,402.~~000000%~~53 ~~120 Days 0~~54,020.~~000000%~~92 ~~0.000000%~~Master ~~0.000000%~~Servicing ~~0.000000%~~Fee 031.~~000000%~~93 0155.~~000000%~~44 0187.~~000000%~~37 ~~0.000000%~~Trustee ~~0.000000%~~Fee 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 ~~0.00~~FRY 30Amount ~~Days 1~~ 0 ~~0 0 1 392,730~~.~~43 0.~~00 0.00 0.00 ~~392,730.43~~Special 60Hazard ~~Days~~Fee 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Other ~~0.00~~Fee ~~90 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Pool ~~0.00~~Insurance ~~120~~Fee ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~1 ~~150 Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~2 ~~180+ Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Spread ~~0.00~~3 ~~Totals 1~~ 0 ~~0 0 1 392,730~~.~~43 0.~~00 0.00 0.00 ~~392,730.43~~Net ~~0-29~~Interest ~~Days 0~~135,251.~~000000%~~91 01,056,906.~~000000%~~89 01,192,158.~~000000%~~80 ~~0.000000%~~Realized ~~0.000000%~~Loss ~~0.000000%~~Amount 0.~~000000%~~00 0.~~000000%~~00 ~~30 Days~~ 0.~~222222%~~00 ~~0.000000%~~Cumulative ~~0.000000%~~Realized ~~0.000000%~~Loss 0.~~222222%~~00 0.~~166144%~~00 0.~~000000%~~00 ~~0.000000%~~Percentage ~~0.000000%~~of ~~0.166144%~~Cumulative 60Losses ~~Days~~ 0.~~000000%~~0000 0.~~000000%~~0000 0.~~000000%~~0000 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Waived ~~0.000000%~~Amount 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 90Prepayment ~~Days~~Penalty ~~0.000000%~~Waived ~~0.000000%~~Count 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Amount 0.~~000000%~~00 ~~120 Days~~ 0.~~000000%~~00 0.~~000000%~~00 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Count 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ ~~0.000000%~~Special ~~150~~Servicing ~~Days~~Fee 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~0.000000%~~Pass-Through ~~0.000000%~~Rate 05.~~000000%~~108941 05.~~000000%~~574106 05.000000% 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 0.222222% 0.000000% 0.000000% 0.000000% 0.222222% 0.166144% 0.000000% 0.000000% 0.000000% 0.166144%517116

~~OTHER~~Additional ~~INFORMATION~~Reporting ~~Current~~- ~~Period~~Group ~~Class~~Level AMiscellaneous ~~Insufficient~~Reporting ~~Funds~~1 ~~0.00~~Junior ~~Principal~~% ~~Balance~~3.025883% ofSenior ~~Contaminated~~Prepayment ~~Properties~~% 0100.00000000% ~~Periodic~~Senior ~~Advance~~% 96.974117% 2~~,186~~ Junior % 3.36025603% Senior Prepayment % 100.000000% Senior % 96.974397%

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT ~~Original~~STATEMENT $DELINQUENT ~~Original~~BANKRUPTCY %FORECLOSURE ~~Current~~REO $TOTAL ~~Current~~No %of ~~Bankruptcy~~Loans ~~100~~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 2,~~000~~524,494.45 0.00 0.~~03642668%~~00 ~~100~~0.00 2,~~000~~524,494.45 60 Days 0 0 0 0 0 0.00 0.~~03726454%~~00 ~~Fraud~~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 6 0 0 0 6 2,~~745~~524,~~240~~494.45 10.~~00000000%~~00 0.00 0.00 2,~~745~~524,~~240~~494.45 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 1.~~02300134~~214575% ~~Special~~0.000000% ~~Hazard~~0.000000% ~~3,527,843~~0.00000000% 1.~~28507614~~214575% ~~3,527,843~~0.00981602% 0.000000% 0.000000% 0.000000% 0.981602% 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 1.~~31463461~~214575% ~~Limit~~0.000000% of0.000000% ~~Subordinate's~~0.000000% ~~Exposure~~1.214575% to0.981602% ~~Certain~~0.000000% ~~Types~~0.000000% of0.000000% ~~Losses~~0.981602%

~~Summary~~OTHER 12INFORMATION ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000%~~ Current ~~Principal~~Period ~~Balance~~Class ~~0.00~~A ~~Nov-04~~Insufficient ~~0.000%~~Funds ~~Dec-04~~ 0.~~000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.~~00 ~~Mar-05 0.000% Current~~ Principal Balance ~~0.00~~of ~~Apr-05~~Contaminated ~~0.000%~~Properties ~~May-05~~ 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 ~~Oct-04~~Periodic ~~0.000%~~Advance ~~Current Principal Balance 0~~17,139.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.53

REO Detail - All Mortgage Loans in REO during Current Period

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~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. 1 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. 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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Mixed~~History* ~~Fixed~~New ~~Ratio~~Bankruptcy ~~Strip~~Loans ~~Weighted~~Month ~~Average~~Bankruptcy ~~Gross~~Percentage ~~Coupon~~Loans 5in Bankruptcy 0 Jan-05 0.~~776238~~000% ~~Weighted~~Original ~~Average~~Principal ~~Pass-Through~~Balance ~~Rate~~0.00 5Feb-05 0.~~525318~~000% ~~Weighted~~Current ~~Average~~Principal ~~Maturity(Stepdown~~Balance ~~Calculation)~~0.00 ~~331~~Mar-05 ~~Beginning~~0.000% ~~Scheduled~~Apr-05 ~~Collateral~~0.000% ~~Loan~~Current ~~Count~~Bankruptcy ~~519~~Total ~~Number~~May-05 Of0.000% Loans ~~Paid~~in InBankruptcy ~~Full~~0 4Jun-05 ~~Ending~~0.000% ~~Scheduled~~Original ~~Collateral~~Principal ~~Loan~~Balance ~~Count~~0.00 ~~515~~Jul-05 ~~Beginning~~0.000% ~~Scheduled~~Current ~~Collateral~~Principal Balance ~~270,766,315~~0.5100 ~~Ending~~Aug-05 ~~Scheduled~~0.000% ~~Collateral~~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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance ~~268,351,599~~0.5400 ~~Ending~~Feb-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at0.00 29Mar-~~Jul~~05 0.000% Apr-~~2005~~05 ~~268,664,307~~0.75000% ~~Monthly~~Current ~~P&I~~Bankruptcy ~~Constant~~Total ~~1,685,658~~May-05 0.89000% ~~Special~~Loans ~~Servicing~~in ~~Fee~~Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 ~~Prepayment~~Jul-05 ~~Penalties~~0.000% Current Principal Balance 0.00 ~~Realized~~Aug-05 ~~Loss~~0.000% ~~Amount~~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. 2 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 ~~Class~~Mar-05 A0.000% ~~Optimal~~Apr-05 ~~Amount~~0.000% ~~3,610,154~~Current Bankruptcy Total May-05 0.23000% ~~Class~~Loans APin ~~Deferred~~Bankruptcy ~~Amount~~0 Jun-05 0.00000% ~~Scheduled~~Original Principal ~~382,316~~Balance 0.5500 ~~Unscheduled~~Jul-05 0.000% Current Principal ~~2,032,399~~Balance 0.4200 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 ~~Total~~Bankruptcy ~~Collateral~~during ~~Description~~Current ~~Fixed~~Period 15Group & 30 Year Fixed 15 & 30 Year Mixed Fixed Ratio Strip Weighted Average Coupon Rate 5.361661 5.833142 5.776238 Weighted Average Net Rate 5.111661 5.583142 5.526238 Weighted Average Maturity 172 353 331 Beginning Loan ~~Count~~Month ~~66 453 519 Loans Paid In Full 1 3 4 Ending~~ Loan ~~Count~~First 65State ~~450~~LTV ~~515~~at ~~Beginning~~Original ~~Scheduled~~Number ~~Balance~~Entered ~~32,679,082.47~~Payment ~~238,087,233.04~~Origination ~~270,766,315.51~~Principal ~~Ending~~Bankruptcy ~~Scheduled~~Date Balance ~~32,177,198.52~~No ~~236,174,401.02~~Bankruptcy ~~268,351,599.54~~Loans ~~Record~~this Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 273,058.47 1,412,600.42 1,685,658.89 Scheduled Principal 127,046.66 255,269.89 382,316.55 Unscheduled Principal 374,837.29 1,657,562.13 2,032,399.42 Scheduled Interest 146,011.81 1,157,330.53 1,303,342.34 Servicing Fees 6,808.14 49,601.51 56,409.65 Master Servicing Fees 32.42 175.19 207.61 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 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 139,171.25 1,107,553.83 1,246,725.08 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 5.110471 5.582259 5.525318Period

~~Prepayment~~Bankruptcy Detail - ~~Prepayments~~All ~~during~~Mortgage ~~Current Period Summary~~ Loans ~~Paid~~in InBankruptcy ~~Full~~during ~~Repurchased Loans Original~~ Current ~~Original~~Period ~~Current~~(continued) ~~Principal Principal Principal Principal~~ Group ~~Count~~Loan ~~Balance~~Current ~~Balance~~Paid ~~Count~~To ~~Balance~~Months ~~Balance~~Current 1Approximate 1Number ~~379,900.00~~Principal ~~367,406.69~~Date 0Delinquent ~~0.00~~Loan ~~0.00~~Rate 2Delinquent 3Balance ~~1,463,390.00~~Interest ~~1,454,115.35~~No 0Bankruptcy ~~0.00~~Loans ~~0.00~~this ~~Total 4 1,843,290.00 1,821,522.04 0 0.00 0.00~~Period

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 8,850.75 2 0 0.00 0.00 0 0.00 0.00 205,007.78 Total 0 0.00 0.00 0 0.00 0.00 213,858.53

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0149492184 MD 60.49 01-Nov-2004 379,900.00 365,986.54 2 0005706443 DC 58.25 01-Feb-2005 477,590.00 473,308.69 2 4515010030 CA 73.02 01-Apr-2005 598,800.00 595,532.84 2 9032722480 CA 70.36 01-Jan-2005 387,000.00 383,712.82

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0149492184 Loan Paid in Full 0 5.500% 180 9 2 0005706443 Loan Paid in Full 0 5.875% 360 6 2 4515010030 Loan Paid in Full (1) 5.750% 360 4 2 9032722480 Loan Paid in Full 0 5.750% 360 7

Summary SMM CPR PSA Current Month 0.752% Current Month 8.656% Current Month 739.486% 3 Month Average 0.615% 3 Month Average 7.074% 3 Month Average 696.169% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 2.105% N/A Jun-2005 272.427% N/A Jul-2005 10.459% N/A Jul-2005 1,076.594% N/A Aug-2005 8.656% N/A Aug-2005 739.486% 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 1.152% Current Month 12.976% Current Month 995.677% 3 Month Average 1.531% 3 Month Average 15.787% 3 Month Average 1,367.220% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.257% N/A Jun-2005 28.216% N/A Jul-2005 34.127% N/A Jul-2005 3,077.766% N/A Aug-2005 12.976% N/A Aug-2005 995.677% 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 0.697% Current Month 8.050% Current Month 698.478% 3 Month Average 0.486% 3 Month Average 5.654% 3 Month Average 566.565% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 2.364% N/A Jun-2005 313.877% N/A Jul-2005 6.548% N/A Jul-2005 687.339% N/A Aug-2005 8.050% N/A Aug-2005 698.478% 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 N/A ~~Dec~~Apr-~~2004~~2005 N/A N/A ~~Jan~~May-2005 N/A N/A ~~Jan~~May-2005 N/A 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 ~~N/A~~0.000% N/A ~~Apr~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Sep-2005 ~~N/A~~0.000% N/A ~~May~~Sep-2005 ~~N/A~~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 N/A ~~Dec~~Apr-~~2004~~2005 N/A N/A ~~Jan~~May-2005 N/A N/A ~~Jan~~May-2005 N/A 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 ~~N/A~~0.000% N/A ~~Apr~~Aug-2005 ~~N/A~~0.000% N/A ~~May~~Sep-2005 ~~N/A~~0.000% N/A ~~May~~Sep-2005 ~~N/A~~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 Asset Securitization Trust 2005-1