8-K 1 abs05he3_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 ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE3 (Exact name of registrant as specified in its charter) New York (governing law of 333-122372-02 Pooling and Servicing Agreement) (Commission 54-2173084 (State or other File Number) 54-2173085 jurisdiction 54-2173086 of Incorporation) 54-2173087 54-2173088 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 ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates , Series 2005-HE3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE3 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. ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/31/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE3 Trust, relating to the December 27, 2005 distribution. EX-99.1 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE3 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

Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Record Date: 8/31/2005 Distribution Date: 9/26/2005 Asset Backed Securities Corp Home Equity Loan Trust Asset Backed Pass-Through Certificates Series 2005-HE3 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~~ R 04541GRH7 ~~RES~~ 0.00000% 0.00 0.00 A1 04541GQN5 ~~SEN 3~~4.~~87125~~42375% ~~234~~200,~~236~~526,~~223~~098.5580 ~~806~~788,~~032~~513.8718 A2A 04541GQP0 ~~SEN 3~~4.~~85125~~40375% 1512,~~977~~238,~~490~~937.5190 5447,~~696~~908.2864 A2B 04541GQQ8 ~~SEN 3~~4.~~95125~~50375% 10,000,000.00 3540,~~122~~033.2233 A3 04541GQR6 ~~SEN 3~~4.~~72125~~27375% ~~106~~60,~~687~~528,~~676~~528.2830 ~~352~~229,~~899~~941.1215 A4 04541GQS4 ~~SEN 3~~4.~~84125~~39375% 145,900,000.00 ~~498~~569,~~167~~820.4456 A5 04541GQT2 ~~SEN 3~~4.~~95125~~50375% 31,247,000.00 ~~109~~125,~~746~~092.4116 M1 04541GQU9 ~~MEZ~~ 4.~~06125~~61375% 30,571,000.00 ~~110~~125,~~361~~375.3107 M2 04541GQV7 ~~MEZ~~ 4.~~08125~~63375% 24,300,000.00 88100,~~155~~089.00 M3 04541GQW5 ~~MEZ~~ 4.~~11125~~66375% 14,894,000.00 5461,~~429~~743.3090 M4 04541GQX3 ~~MEZ~~ 4.~~27125~~82375% 14,110,000.00 5360,~~570~~500.9754 M5 04541GQY1 ~~MEZ~~ 4.~~31125~~86375% 12,150,000.00 4652,~~561~~528.50 M6 04541GQZ8 ~~MEZ~~ 4.~~36125~~91375% 12,150,000.00 4753,~~101~~068.50 M7 04541GRA2 ~~MEZ 4~~5.~~86125~~41375% 10,974,000.00 4752,~~419~~809.8733 M8 04541GRB0 ~~MEZ 4~~5.~~94125~~49375% 9,015,000.00 3944,~~595~~023.8825 M9 04541GRC8 ~~MEZ 5~~6.~~49125~~04375% 7,055,000.00 3437,~~436~~901.2403 M10 04541GRD6 ~~MEZ~~ 6.~~14125~~69375% 5,487,000.00 2932,~~952~~647.9265 M11 04541GRE4 ~~MEZ 6~~7.~~64125~~19375% 7,839,000.00 4650,~~276~~126.2305 X 04541GRF1 ~~SEN-OC~~ 0.00000% 15,285,601.13 1850,~~141,798~~499.7696 P 04541GRG9 ~~SEN~~ 0.00000% 100.00 ~~411~~380,~~920~~576.1983 Totals ~~707~~624,~~879~~271,~~091~~266.4713 43,~~008~~703,~~244~~198.0163

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses R 0.00 0.00 0.00 0.00 0.00 A1 139,~~639~~871,~~980~~294.7161 0.00 ~~220~~190,~~596~~654,~~242~~804.8319 1410,~~446~~659,~~013~~807.5879 0.00 A2A 1,~~512~~094,~~714~~755.2379 0.00 1411,~~464~~144,~~776~~182.2811 1,~~567~~142,~~410~~664.5143 0.00 A2B 0.00 0.00 10,000,000.00 3540,~~122~~033.2233 0.00 A3 14,~~158~~099,~~663~~090.6813 0.00 9246,~~529~~429,~~012~~438.5916 14,~~511~~329,~~562~~031.8028 0.00 A4 0.00 0.00 145,900,000.00 ~~498~~569,~~167~~820.4456 0.00 A5 0.00 0.00 31,247,000.00 ~~109~~125,~~746~~092.4116 0.00 M1 0.00 0.00 30,571,000.00 ~~110~~125,~~361~~375.3107 0.00 M2 0.00 0.00 24,300,000.00 88100,~~155~~089.00 0.00 M3 0.00 0.00 14,894,000.00 5461,~~429~~743.3090 0.00 M4 0.00 0.00 14,110,000.00 5360,~~570~~500.9754 0.00 M5 0.00 0.00 12,150,000.00 4652,~~561~~528.50 0.00 M6 0.00 0.00 12,150,000.00 4753,~~101~~068.50 0.00 M7 0.00 0.00 10,974,000.00 4752,~~419~~809.8733 0.00 M8 0.00 0.00 9,015,000.00 3944,~~595~~023.8825 0.00 M9 0.00 0.00 7,055,000.00 3437,~~436~~901.2403 0.00 M10 0.00 0.00 5,487,000.00 2932,~~952~~647.9265 0.00 M11 0.00 0.00 7,839,000.00 4650,~~276~~126.2305 0.00 X 0.00 0.00 15,285,601.13 1850,~~141,798~~499.7696 0.00 P 0.00 0.00 100.00 ~~411~~380,~~920~~576.1983 0.00 Totals 2925,~~311~~065,~~358~~140.6253 0.00 ~~678~~599,~~567~~206,~~732~~125.8359 3328,~~319~~768,~~602~~339.6316 0.00 ~~All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.~~ This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (1)~~ R 0.00 0.00 0.00 0.00 0.00 0.00 A1 266,900,000.00 ~~234~~200,~~236~~526,~~223~~098.5580 0.00 139,~~639~~871,~~980~~294.7161 0.00 0.00 A2A 19,600,000.00 1512,~~977~~238,~~490~~937.5190 0.00 1,~~512~~094,~~714~~755.2379 0.00 0.00 A2B 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 A3 146,400,000.00 ~~106~~60,~~687~~528,~~676~~528.2830 0.00 14,~~158~~099,~~663~~090.6813 0.00 0.00 A4 145,900,000.00 145,900,000.00 0.00 0.00 0.00 0.00 A5 31,247,000.00 31,247,000.00 0.00 0.00 0.00 0.00 M1 30,571,000.00 30,571,000.00 0.00 0.00 0.00 0.00 M2 24,300,000.00 24,300,000.00 0.00 0.00 0.00 0.00 M3 14,894,000.00 14,894,000.00 0.00 0.00 0.00 0.00 M4 14,110,000.00 14,110,000.00 0.00 0.00 0.00 0.00 M5 12,150,000.00 12,150,000.00 0.00 0.00 0.00 0.00 M6 12,150,000.00 12,150,000.00 0.00 0.00 0.00 0.00 M7 10,974,000.00 10,974,000.00 0.00 0.00 0.00 0.00 M8 9,015,000.00 9,015,000.00 0.00 0.00 0.00 0.00 M9 7,055,000.00 7,055,000.00 0.00 0.00 0.00 0.00 M10 5,487,000.00 5,487,000.00 0.00 0.00 0.00 0.00 M11 7,839,000.00 7,839,000.00 0.00 0.00 0.00 0.00 X 15,284,880.90 15,285,601.13 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 783,876,980.90 ~~707~~624,~~879~~271,~~091~~266.4713 0.00 2925,~~311~~065,~~358~~140.6253 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 R 0.00 0.00 0.~~00000000~~000000 0.00 A1 139,~~639~~871,~~980~~294.7161 ~~220~~190,~~596~~654,~~242~~804.8319 0.~~82651271~~714330 139,~~639~~871,~~980~~294.7161 A2A 1,~~512~~094,~~714~~755.2379 1411,~~464~~144,~~776~~182.2811 0.~~73799879~~568581 1,~~512~~094,~~714~~755.2379 A2B 0.00 10,000,000.00 1.~~00000000~~000000 0.00 A3 14,~~158~~099,~~663~~090.6813 9246,~~529~~429,~~012~~438.5916 0.~~63202877~~317141 14,~~158~~099,~~663~~090.6813 A4 0.00 145,900,000.00 1.~~00000000~~000000 0.00 A5 0.00 31,247,000.00 1.~~00000000~~000000 0.00 M1 0.00 30,571,000.00 1.~~00000000~~000000 0.00 M2 0.00 24,300,000.00 1.~~00000000~~000000 0.00 M3 0.00 14,894,000.00 1.~~00000000~~000000 0.00 M4 0.00 14,110,000.00 1.~~00000000~~000000 0.00 M5 0.00 12,150,000.00 1.~~00000000~~000000 0.00 M6 0.00 12,150,000.00 1.~~00000000~~000000 0.00 M7 0.00 10,974,000.00 1.~~00000000~~000000 0.00 M8 0.00 9,015,000.00 1.~~00000000~~000000 0.00 M9 0.00 7,055,000.00 1.~~00000000~~000000 0.00 M10 0.00 5,487,000.00 1.~~00000000~~000000 0.00 M11 0.00 7,839,000.00 1.~~00000000~~000000 0.00 X 0.00 15,285,601.13 1.~~00004712~~000047 0.00 P 0.00 100.00 1.~~00000000~~000000 0.00 Totals 2925,~~311~~065,~~358~~140.6253 ~~678~~599,~~567~~206,~~732~~125.8359 0.~~86565590~~764413 2925,~~311~~065,~~358~~140.6253

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ R 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 266,900,000.00 ~~877~~751.~~61792263~~315469 0.~~00000000~~000000 5136.~~10521060~~984993 0.~~00000000~~000000 A2A 19,600,000.00 ~~815~~624.~~17808724~~435607 0.~~00000000~~000000 7755.~~17929745~~854887 0.~~00000000~~000000 A2B 10,000,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A3 146,400,000.00 ~~728~~413.~~74095820~~446232 0.~~00000000~~000000 96.~~71218361~~305260 0.~~00000000~~000000 A4 145,900,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A5 31,247,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M1 30,571,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M2 24,300,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M3 14,894,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M4 14,110,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M5 12,150,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M6 12,150,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M7 10,974,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M8 9,015,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M9 7,055,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M10 5,487,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 M11 7,839,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 X 15,284,880.90 1000.~~04712042~~047120 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 P 100.00 1000.~~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 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 5136.~~10521060~~984993 ~~826~~714.~~51271199~~330477 0.~~82651271~~714330 5136.~~10521060~~984993 A2A 0.~~00000000~~000000 7755.~~17929745~~854887 ~~737~~568.~~99878980~~580720 0.~~73799879~~568581 7755.~~17929745~~854887 A2B 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 A3 0.~~00000000~~000000 96.~~71218361~~305260 ~~632~~317.~~02877452~~140971 0.~~63202877~~317141 96.~~71218361~~305260 A4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 A5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~04712042~~047120 1.~~00004712~~000047 0.~~00000000~~000000 P 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~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~~ R ~~0.00~~N/A N/A 0.00000% 0.00 0.00 0.00 ~~0.00~~ A1 ~~266,900,000.00~~11/25/05 3- 12/26/05 32 4.~~87125~~42375% ~~234~~200,~~236~~526,~~223~~098.5580 ~~806~~788,~~032~~513.8718 0.00 ~~0.00~~ A2A ~~19,600,000.00~~11/25/05 3- 12/26/05 32 4.~~85125~~40375% 1512,~~977~~238,~~490~~937.5190 5447,~~696~~908.2864 0.00 ~~0.00~~ A2B ~~10,000,000.00~~11/25/05 3- 12/26/05 32 4.~~95125~~50375% 10,000,000.00 3540,~~122~~033.2233 0.00 ~~0.00~~ A3 ~~146,400,000.00~~11/25/05 3- 12/26/05 32 4.~~72125~~27375% ~~106~~60,~~687~~528,~~676~~528.2830 ~~352~~229,~~899~~941.1215 0.00 ~~0.00~~ A4 ~~145,900,000.00~~11/25/05 3- 12/26/05 32 4.~~84125~~39375% 145,900,000.00 ~~498~~569,~~167~~820.4456 0.00 ~~0.00~~ A5 ~~31,247,000.00~~11/25/05 3- 12/26/05 32 4.~~95125~~50375% 31,247,000.00 ~~109~~125,~~746~~092.4116 0.00 ~~0.00~~ M1 ~~30,571,000.00~~11/25/05 - 12/26/05 32 4.~~06125~~61375% 30,571,000.00 ~~110~~125,~~361~~375.3107 0.00 ~~0.00~~ M2 ~~24,300,000.00~~11/25/05 - 12/26/05 32 4.~~08125~~63375% 24,300,000.00 88100,~~155~~089.00 0.00 ~~0.00~~ M3 ~~14,894,000.00~~11/25/05 - 12/26/05 32 4.~~11125~~66375% 14,894,000.00 5461,~~429~~743.3090 0.00 ~~0.00~~ M4 ~~14,110,000.00~~11/25/05 - 12/26/05 32 4.~~27125~~82375% 14,110,000.00 5360,~~570~~500.9754 0.00 ~~0.00~~ M5 11/25/05 - 12~~,150,000.00~~/26/05 32 4.~~31125~~86375% 12,150,000.00 4652,~~561~~528.50 0.00 ~~0.00~~ M6 11/25/05 - 12~~,150,000.00~~/26/05 32 4.~~36125~~91375% 12,150,000.00 4753,~~101~~068.50 0.00 ~~0.00~~ M7 ~~10,974,000.00~~11/25/05 4- 12/26/05 32 5.~~86125~~41375% 10,974,000.00 4752,~~419~~809.8733 0.00 ~~0.00~~ M8 ~~9,015,000.00~~11/25/05 4- 12/26/05 32 5.~~94125~~49375% 9,015,000.00 3944,~~595~~023.8825 0.00 ~~0.00~~ M9 ~~7,055,000.00~~11/25/05 5- 12/26/05 32 6.~~49125~~04375% 7,055,000.00 3437,~~436~~901.2403 0.00 ~~0.00~~ M10 ~~5,487,000.00~~11/25/05 - 12/26/05 32 6.~~14125~~69375% 5,487,000.00 2932,~~952~~647.9265 0.00 ~~0.00~~ M11 11/25/05 - 12/26/05 32 7~~,839,000~~.~~00 6.64125~~19375% 7,839,000.00 4650,~~276~~126.2305 0.00 ~~0.00~~ X ~~15,284,880.90~~N/A N/A 0.00000% 15,285,601.13 0.00 0.00 ~~0.00~~ P ~~100.00~~N/A N/A 0.00000% 100.00 0.00 0.00 ~~0.00~~ Totals ~~783,876,980.90~~ 2,~~454~~472,~~525~~121.0684 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 R 0.00 0.00 0.00 0.00 0.00 A1 0.00 0.00 ~~806~~788,~~032~~513.8718 0.00 ~~220~~190,~~596~~654,~~242~~804.8319 A2A 0.00 0.00 5447,~~696~~908.2864 0.00 1411,~~464~~144,~~776~~182.2811 A2B 0.00 0.00 3540,~~122~~033.2233 0.00 10,000,000.00 A3 0.00 0.00 ~~352~~229,~~899~~941.1215 0.00 9246,~~529~~429,~~012~~438.5916 A4 0.00 0.00 ~~498~~569,~~167~~820.4456 0.00 145,900,000.00 A5 0.00 0.00 ~~109~~125,~~746~~092.4116 0.00 31,247,000.00 M1 0.00 0.00 ~~110~~125,~~361~~375.3107 0.00 30,571,000.00 M2 0.00 0.00 88100,~~155~~089.00 0.00 24,300,000.00 M3 0.00 0.00 5461,~~429~~743.3090 0.00 14,894,000.00 M4 0.00 0.00 5360,~~570~~500.9754 0.00 14,110,000.00 M5 0.00 0.00 4652,~~561~~528.50 0.00 12,150,000.00 M6 0.00 0.00 4753,~~101~~068.50 0.00 12,150,000.00 M7 0.00 0.00 4752,~~419~~809.8733 0.00 10,974,000.00 M8 0.00 0.00 3944,~~595~~023.8825 0.00 9,015,000.00 M9 0.00 0.00 3437,~~436~~901.2403 0.00 7,055,000.00 M10 0.00 0.00 2932,~~952~~647.9265 0.00 5,487,000.00 M11 0.00 0.00 4650,~~276~~126.2305 0.00 7,839,000.00 X 0.00 0.00 1850,~~141,798~~499.7696 0.00 15,285,601.13 P 0.00 0.00 ~~411~~380,~~920~~576.1983 0.00 100.00 Totals 0.00 0.00 43,~~008~~703,~~244~~198.0163 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~~ R N/A 0.00 0.00000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ A1 11/25/05 - 12/26/05 266,900,000.00 34.~~87125~~42375% ~~877~~751.~~61792263~~315469 32.~~01998078~~954339 0.~~00000000~~000000 ~~0.00000000~~ A2A 11/25/05 - 12/26/05 19,600,000.00 34.~~85125~~40375% ~~815~~624.~~17808724~~435607 2.~~79062653~~444318 0.~~00000000~~000000 ~~0.00000000~~ A2B 11/25/05 - 12/26/05 10,000,000.00 34.~~95125~~50375% 1000.~~00000000~~000000 34.~~51222200~~003333 0.~~00000000~~000000 ~~0.00000000~~ A3 11/25/05 - 12/26/05 146,400,000.00 34.~~72125~~27375% ~~728~~413.~~74095820~~446232 21.~~41051311~~570636 0.~~00000000~~000000 ~~0.00000000~~ A4 11/25/05 - 12/26/05 145,900,000.00 34.~~84125~~39375% 1000.~~00000000~~000000 3.~~41444441~~905556 0.~~00000000~~000000 ~~0.00000000~~ A5 11/25/05 - 12/26/05 31,247,000.00 34.~~95125~~50375% 1000.~~00000000~~000000 34.~~51222229~~003333 0.~~00000000~~000000 ~~0.00000000~~ M1 11/25/05 - 12/26/05 30,571,000.00 4.~~06125~~61375% 1000.~~00000000~~000000 34.~~61000000~~101111 0.~~00000000~~000000 ~~0.00000000~~ M2 11/25/05 - 12/26/05 24,300,000.00 4.~~08125~~63375% 1000.~~00000000~~000000 34.~~62777778~~118889 0.~~00000000~~000000 ~~0.00000000~~ M3 11/25/05 - 12/26/05 14,894,000.00 4.~~11125~~66375% 1000.~~00000000~~000000 34.~~65444474~~145555 0.~~00000000~~000000 ~~0.00000000~~ M4 11/25/05 - 12/26/05 14,110,000.00 4.~~27125~~82375% 1000.~~00000000~~000000 34.~~79666690~~287777 0.~~00000000~~000000 ~~0.00000000~~ M5 11/25/05 - 12/26/05 12,150,000.00 4.~~31125~~86375% 1000.~~00000000~~000000 34.~~83222222~~323333 0.~~00000000~~000000 ~~0.00000000~~ M6 11/25/05 - 12/26/05 12,150,000.00 4.~~36125~~91375% 1000.~~00000000~~000000 34.~~87666667~~367778 0.~~00000000~~000000 ~~0.00000000~~ M7 11/25/05 - 12/26/05 10,974,000.00 45.~~86125~~41375% 1000.~~00000000~~000000 4.~~32111081~~812223 0.~~00000000~~000000 ~~0.00000000~~ M8 11/25/05 - 12/26/05 9,015,000.00 45.~~94125~~49375% 1000.~~00000000~~000000 4.~~39222185~~883333 0.~~00000000~~000000 ~~0.00000000~~ M9 11/25/05 - 12/26/05 7,055,000.00 56.~~49125~~04375% 1000.~~00000000~~000000 45.~~88111127~~372223 0.~~00000000~~000000 ~~0.00000000~~ M10 11/25/05 - 12/26/05 5,487,000.00 6.~~14125~~69375% 1000.~~00000000~~000000 5.~~45888828~~950000 0.~~00000000~~000000 ~~0.00000000~~ M11 11/25/05 - 12/26/05 7,839,000.00 67.~~64125~~19375% 1000.~~00000000~~000000 56.~~90333333~~394444 0.~~00000000~~000000 ~~0.00000000~~ X N/A 15,284,880.90 0.00000% 1000.~~04712042~~047120 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ P N/A 100.00 0.00000% 1000.~~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 R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 A1 0.~~00000000~~000000 0.~~00000000~~000000 32.~~01998078~~954339 0.~~00000000~~000000 ~~826~~714.~~51271199~~330477 A2A 0.~~00000000~~000000 0.~~00000000~~000000 2.~~79062653~~444318 0.~~00000000~~000000 ~~737~~568.~~99878980~~580720 A2B 0.~~00000000~~000000 0.~~00000000~~000000 34.~~51222200~~003333 0.~~00000000~~000000 1000.~~00000000~~000000 A3 0.~~00000000~~000000 0.~~00000000~~000000 21.~~41051311~~570636 0.~~00000000~~000000 ~~632~~317.~~02877452~~140971 A4 0.~~00000000~~000000 0.~~00000000~~000000 3.~~41444441~~905556 0.~~00000000~~000000 1000.~~00000000~~000000 A5 0.~~00000000~~000000 0.~~00000000~~000000 34.~~51222229~~003333 0.~~00000000~~000000 1000.~~00000000~~000000 M1 0.~~00000000~~000000 0.~~00000000~~000000 34.~~61000000~~101111 0.~~00000000~~000000 1000.~~00000000~~000000 M2 0.~~00000000~~000000 0.~~00000000~~000000 34.~~62777778~~118889 0.~~00000000~~000000 1000.~~00000000~~000000 M3 0.~~00000000~~000000 0.~~00000000~~000000 34.~~65444474~~145555 0.~~00000000~~000000 1000.~~00000000~~000000 M4 0.~~00000000~~000000 0.~~00000000~~000000 34.~~79666690~~287777 0.~~00000000~~000000 1000.~~00000000~~000000 M5 0.~~00000000~~000000 0.~~00000000~~000000 34.~~83222222~~323333 0.~~00000000~~000000 1000.~~00000000~~000000 M6 0.~~00000000~~000000 0.~~00000000~~000000 34.~~87666667~~367778 0.~~00000000~~000000 1000.~~00000000~~000000 M7 0.~~00000000~~000000 0.~~00000000~~000000 4.~~32111081~~812223 0.~~00000000~~000000 1000.~~00000000~~000000 M8 0.~~00000000~~000000 0.~~00000000~~000000 4.~~39222185~~883333 0.~~00000000~~000000 1000.~~00000000~~000000 M9 0.~~00000000~~000000 0.~~00000000~~000000 45.~~88111127~~372223 0.~~00000000~~000000 1000.~~00000000~~000000 M10 0.~~00000000~~000000 0.~~00000000~~000000 5.~~45888828~~950000 0.~~00000000~~000000 1000.~~00000000~~000000 M11 0.~~00000000~~000000 0.~~00000000~~000000 56.~~90333333~~394444 0.~~00000000~~000000 1000.~~00000000~~000000 X 0.~~00000000~~000000 0.~~00000000~~000000 7455.~~70118789~~643218 0.~~00000000~~000000 1000.~~04712042~~047120 P 0.~~00000000~~000000 0.~~00000000~~000000 ~~4119201~~3805768.~~90000000~~300000 0.~~00000000~~000000 1000.~~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 3328,~~422~~672,~~574~~276.9659 ~~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) ~~(194,255~~244.~~06)~~44 Prepayment Penalties ~~411~~380,~~920~~576.1983 Swap/Cap Payments 0.00 Total Deposits 3329,~~640~~053,~~240~~097.0986 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 320~~284,~~637~~758.4670 Payment of Interest and Principal 3328,~~319~~768,~~602~~339.6316 Total Withdrawals (Pool Distribution Amount) 3329,~~640~~053,~~240~~097.0986 Ending Balance 0.00

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* ~~294~~260,~~949~~113.6202 Strip Fee 2524,~~687~~645.8468 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees ~~320~~284,~~637~~758.4670 *Servicer Payees include: COUNTRYWIDE HOME LOANS INC.

~~OTHER~~Reserve ~~ACCOUNTS~~Accounts Account Name Beginning Current Withdrawals Current Deposits Ending ~~Account Type~~ Balance ~~Withdrawals Deposits~~ Balance Net WAC Reserve Fund 1,000.00 013,331.0094 013,331.0094 1,000.00

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Fixed ~~REO~~Mixed ~~Total~~& NoARM of& ~~Loans~~Balloon NoWeighted ofAverage ~~Loans~~Gross NoCoupon of6.933787% ~~Loans~~Weighted NoAverage ofNet ~~Loans~~Coupon No6.433787% ofWeighted ~~Loans~~Average ~~Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0~~Pass-29Through ~~Days~~Rate ~~0 0 0 0 0~~6.00433787% ~~0.00~~Weighted ~~0.00~~Average ~~0.00~~Remaining 30Term ~~Days~~332 66Beginning 0Scheduled 0Collateral 0Loan 66Count 93,~~942,998.57~~489 ~~0.00~~Number ~~0.00~~Of ~~0.00~~Loans ~~9,942,998.57~~Paid 60In ~~Days~~Full 33131 0Ending 0Scheduled 0Collateral 33Loan ~~5,286,066.63~~Count ~~0.00 0.00 0.00 5~~3,~~286,066.63~~358 90Beginning ~~Days~~Scheduled 35Collateral 0Balance ~~0 0 35 6~~624,~~081~~271,~~998~~266.7112 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral ~~6,081,998.71~~Balance ~~120 Days 23 0 0 0 23 5~~599,~~939~~206,~~525~~125.1559 ~~0.00~~Ending ~~0.00~~Actual ~~0.00~~Collateral ~~5,939,525.15~~Balance ~~150~~at ~~Days~~30-Nov-2005 ~~20 0 0 0 20 3~~599,~~304~~206,~~181~~125.7359 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant 3,~~304~~973,~~181~~040.7374 ~~180+~~Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived Amount 0.00 ~~Totals~~Prepayment ~~177~~Penalty 0Waived 0Count 0 ~~177~~Prepayment ~~30,554,770.79~~Penalty ~~0.00~~Paid ~~0.00~~Amount ~~0.00 30~~380,~~554,770~~576.7983 NoPrepayment ofPenalty ~~Loans~~Paid NoCount ofNot ~~Loans~~Available NoRealized ofLoss ~~Loans~~Amount ~~No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0~~(244.~~000000%~~44) ~~0.000000%~~Cumulative ~~0.000000%~~Realized ~~0.000000%~~Loss 0586,912.~~000000%~~14 ~~0.000000%~~Scheduled ~~0.000000%~~Principal 0365,904.~~000000%~~13 30Unscheduled ~~Days~~Principal 124,699,236.~~755786%~~40 ~~0.000000%~~Required ~~0.000000%~~Overcollateralized ~~0.000000%~~Amount ~~1.755786% 1.465292%~~ 0.~~000000%~~00 ~~0.000000%~~Overcollateralized ~~0.000000%~~Increase ~~1.465292%~~Amount ~~60 Days~~ 0.~~877893%~~00 ~~0.000000%~~Overcollateralized ~~0.000000%~~Reduction ~~0.000000%~~Amount 0244.~~877893%~~44 ~~0.779004%~~Specified ~~0.000000%~~O/C ~~0.000000%~~Amount 015,285,601.~~000000%~~13 ~~0.779004%~~Overcollateralized 90Amount ~~Days 0~~15,285,601.~~931099%~~13 ~~0.000000%~~Overcollateralized ~~0.000000%~~Deficiency ~~0.000000%~~Amount 0.~~931099%~~00 ~~0.896299%~~Base ~~0.000000%~~Overcollateralization ~~0.000000%~~Amount 0.000000% 0.896299% 120 Days 0.611865% 0.000000% 0.000000% 0.000000% 0.611865% 0.875303% 0.000000% 0.000000% 0.000000% 0.875303% 150 Days 0.532056% 0.000000% 0.000000% 0.000000% 0.532056% 0.486935% 0.000000% 0.000000% 0.000000% 0.486935% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.708699% 0.000000% 0.000000% 0.000000% 4.708699% 4.502833% 0.000000% 0.000000% 0.000000% 4.502833%00

~~DELINQUENT~~Group ~~BANKRUPTCY~~Level ~~FORECLOSURE~~Collateral ~~REO~~Statement ~~Total~~Group Group 1 No- ofFixed ~~Loans~~Group No1 ~~of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0~~-29 ~~Days~~ARM 0Group ~~0 0 0 0.00 0.00 0.00 0.00 30 Days 4 0 0 0 4 304,696.03 0.00 0.00 0.00 304,696.03 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days~~ 2 0 0 0 2 46,639.84 0.00 0.00 0.00 46,639.84 120 Days 2 0 0 0 2 150,721.86 0.00 0.00 0.00 150,721.86 150 Days 2 0 0 0 2 100,102.35 0.00 0.00 0.00 100,102.35 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 0 0 0 10 602,160.08 0.00 0.00 0.00 602,160.08 0-29 ~~Days~~Fixed ~~0.000000%~~Collateral ~~0.000000%~~Description ~~0.000000%~~Mixed ~~0.000000%~~ARM ~~0.000000%~~and ~~0.000000%~~Balloon ~~0.000000%~~Mixed ~~0.000000%~~ARM 30and ~~Days~~Balloon ~~1.104972%~~Mixed ~~0.000000%~~ARM ~~0.000000%~~and ~~0.000000%~~Balloon ~~1.104972%~~Weighted ~~0.731198%~~Average ~~0.000000%~~Coupon ~~0.000000%~~Rate 07.~~000000%~~370502 06.~~731198%~~586891 ~~60 Days 0~~9.~~000000%~~050034 ~~0.000000%~~Weighted ~~0.000000%~~Average ~~0.000000%~~Net ~~0.000000%~~Rate 06.~~000000%~~870502 06.~~000000%~~086891 08.~~000000%~~550034 ~~0.000000%~~Weighted ~~0.000000%~~Average 90Remaining ~~Days~~Term ~~0.552486%~~312 ~~0.000000%~~351 ~~0.000000%~~222 ~~0.000000%~~Beginning ~~0.552486%~~Loan ~~0.111925%~~Count ~~0.000000%~~337 0.000000% 0.000000% 0.111925% 120 Days 0.552486% 0.000000% 0.000000% 0.000000% 0.552486% 0.361697% 0.000000% 0.000000% 0.000000% 0.361697% 150 Days 0.552486% 0.000000% 0.000000% 0.000000% 0.552486% 0.240222% 0.000000% 0.000000% 0.000000% 0.240222% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.762431% 0.000000% 0.000000% 0.000000% 2.762431% 1~~.445041%~~,258 ~~0.000000% 0.000000% 0.000000%~~ 1~~.445041%~~,032 ~~DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of~~ Loans NoPaid ofIn ~~Loans~~Full No11 of46 ~~Loans~~39 NoEnding ofLoan ~~Loans~~Count No326 of1,212 ~~Loans~~993 ~~Principal~~Beginning ~~Balance~~Scheduled ~~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 27 0 0 0 27 6~~38,~~038~~846,~~992~~447.8694 ~~0.00 0.00 0.00 6~~262,~~038~~434,~~992~~818.8628 ~~60 Days 8 0 0 0 8 1~~78,~~823~~736,~~153~~400.1706 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Balance 137,~~823~~534,~~153~~482.1750 ~~90 Days 12 0 0 0 12 2~~252,~~642~~780,~~348~~626.0838 ~~0.00 0.00 0.00 2~~76,~~642~~099,~~348~~797.0820 ~~120~~Record ~~Days~~Date 511/30/2005 011/30/2005 011/30/2005 0Principal 5And ~~1,539,721.17~~Interest ~~0.00~~Constant 0277,522.0069 ~~0.00~~ 1,~~539~~608,~~721~~604.1706 ~~150 Days 4 0 0 0 4 671~~647,~~537~~115.4651 ~~0.00~~Scheduled ~~0.00~~Principal 038,924.0049 ~~671~~168,~~537~~079.4634 ~~180+ Days 0 0 0 0 0 0~~53,309.0057 ~~0.00~~Unscheduled ~~0.00~~Principal ~~0.00 0.00 Totals 56 0 0 0 56 12~~1,~~715~~273,~~752~~040.7495 ~~0.00 0.00 0.00 12~~9,~~715~~486,~~752~~112.7456 ~~0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days~~ 2,583,293.002967% 0.000000% 0.000000% 0.000000% 2.002967% 2.142464% 0.000000% 0.000000% 0.000000% 2.142464% 60 Days 0.593472% 0.000000% 0.000000% 0.000000% 0.593472% 0.646803% 0.000000% 0.000000% 0.000000% 0.646803% 90 Days 0.890208% 0.000000% 0.000000% 0.000000% 0.890208% 0.937431% 0.000000% 0.000000% 0.000000% 0.937431% 120 Days 0.370920% 0.000000% 0.000000% 0.000000% 0.370920% 0.546250% 0.000000% 0.000000% 0.000000% 0.546250% 150 Days 0.296736% 0.000000% 0.000000% 0.000000% 0.296736% 0.238243% 0.000000% 0.000000% 0.000000% 0.238243% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.154303% 0.000000% 0.000000% 0.000000% 4.154303% 4.511190% 0.000000% 0.000000% 0.000000% 4.511190% 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~~Scheduled 0Interest ~~0 0 0 0.00 0.00 0.00 0.00 30 Days 22 0 0 0 22 1~~238,~~266,223~~598.4820 ~~0.00 0.00 0.00~~ 1,~~266~~440,~~223~~524.4872 ~~60 Days 13 0 0 0 13 813~~593,~~897~~805.8294 ~~0.00~~Servicing ~~0.00~~Fee ~~0.00 813~~16,~~897~~186.8202 ~~90 Days 9 0 0 0 9 821~~109,~~283~~347.0784 ~~0.00 0.00 0.00 821~~32,~~283~~806.0783 ~~120~~Master ~~Days~~Servicing 8Fee 0 ~~0 0 8 782,482~~.~~32 0.~~00 0.00 0.00 ~~782,482.32~~Trustee ~~150~~Fee ~~Days 6~~ 0 ~~0 0 6 460,963~~.~~53 0.~~00 0.00 0.00 ~~460,963.53~~FRY ~~180+~~Amount ~~Days~~ 0 ~~0 0 0 0 0~~.00 0.00 0.00 ~~0.00~~Special ~~0.00~~Hazard ~~Totals~~Fee 58 0 ~~0 0 58 4,144,850~~.~~22 0.~~00 0.00 0.00 ~~4,144,850.22~~Other ~~0-29~~Fee ~~Days~~ 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.967800% 0.000000% 0.000000% 0.000000% 1.967800% 1.475052% 0.000000% 0.000000% 0.000000% 1.475052% 60 Days 1.162791% 0.000000% 0.000000% 0.000000% 1.162791% 0.948128% 0.000000% 0.000000% 0.000000% 0.948128% 90 Days 0.805009% 0.000000% 0.000000% 0.000000% 0.805009% 0.956731% 0.000000% 0.000000% 0.000000% 0.956731% 120 Days 0.715564% 0.000000% 0.000000% 0.000000% 0.715564% 0.911531% 0.000000% 0.000000% 0.000000% 0.911531% 150 Days 0.536673% 0.000000% 0.000000% 0.000000% 0.536673% 0.536987% 0.000000% 0.000000% 0.000000% 0.536987% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.187835% 0.000000% 0.000000% 0.000000% 5.187835% 4.828430% 0.000000% 0.000000% 0.000000% 4.828430% 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~~Pool 30Insurance ~~Days~~Fee 13 0 ~~0 0 13 2,333,086~~.~~20 0.~~00 0.00 0.00 ~~2,333,086.20~~Spread 601 ~~Days 12~~ 0 ~~0 0 12 2,649,015~~.~~64 0.~~00 0.00 0.00 ~~2,649,015.64~~Spread ~~90 Days 12 0 0 0 12~~ 2~~,571,727.72~~ 0.00 0.00 0.00 ~~2,571,727.72~~Spread ~~120 Days 8 0 0 0 8~~ 3~~,466,599.80~~ 0.00 0.00 0.00 3Net Interest 222,~~466,599~~412.8018 ~~150 Days 8 0 0 0 8 2~~1,~~071~~331,~~578~~176.3988 ~~0.00 0.00 0.00 2~~560,~~071,578~~999.3911 ~~180+~~Realized ~~Days~~Loss 0Amount 0 ~~0 0 0 0~~.00 0.00 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~Totals~~Loss ~~53 0 0 0 53 13~~21,~~092,007~~059.7547 095,420.0068 ~~0.00 0.00 13~~470,~~092,007~~676.7543 ~~0-29~~Percentage ~~Days~~of ~~0.000000%~~Cumulative ~~0.000000%~~Losses 0.~~000000%~~0456 0.~~000000%~~0290 0.~~000000%~~4846 ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Waived 30Amount ~~Days 1.396348%~~ 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~1.396348%~~Prepayment ~~0.866729%~~Penalty ~~0.000000%~~Waived ~~0.000000%~~Count 0~~.000000%~~ 0~~.866729%~~ ~~60 Days 1.288937%~~ 0~~.000000%~~ ~~0.000000%~~Prepayment ~~0.000000%~~Penalty ~~1.288937%~~Paid ~~0.984095%~~Amount ~~0.000000%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.984095%~~Available 90Not ~~Days~~Available ~~1.288937%~~Prepayment ~~0.000000%~~Penalty ~~0.000000%~~Paid ~~0.000000%~~Count ~~1.288937%~~Not ~~0.955383%~~Available ~~0.000000%~~Not ~~0.000000%~~Available ~~0.000000%~~Not ~~0.955383%~~Available ~~120~~Special ~~Days~~Servicing ~~0.859291%~~Fee 0.~~000000%~~00 0.~~000000%~~00 0.~~000000%~~00 ~~0.859291%~~Pass-Through ~~1.287823%~~Rate 06.~~000000%~~870502 06.~~000000%~~086891 08.000000% 1.287823% 150 Days 0.859291% 0.000000% 0.000000% 0.000000% 0.859291% 0.769580% 0.000000% 0.000000% 0.000000% 0.769580% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.692803% 0.000000% 0.000000% 0.000000% 5.692803% 4.863609% 0.000000% 0.000000% 0.000000% 4.863609%550034

~~OTHER~~Group ~~INFORMATION~~Level ~~Current~~Collateral ~~Period~~Statement ~~Class~~Group AGroup ~~Insufficient~~2 ~~Funds~~- ARM Total Collateral Description Mixed ARM and Balloon Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 6.554865 6.933787 Weighted Average Net Rate 6.054865 6.433787 Weighted Average Remaining Term 351 332 Beginning Loan Count 862 3,489 Loans Paid In Full 35 131 Ending Loan Count 827 3,358 Beginning Scheduled Balance 244,253,599.84 624,271,266.12 Ending scheduled Balance 232,791,219.51 599,206,125.59 Record Date 11/30/2005 11/30/2005 Principal And Interest Constant 1,439,798.48 3,973,040.74 Scheduled Principal 105,590.73 365,904.13 Unscheduled Principal 11,356,789.60 24,699,236.40 Scheduled Interest 1,334,207.75 3,607,136.61 Servicing Fee 101,772.33 260,113.02 Master Servicing Fee 0.00 ~~Principal~~0.00 ~~Balance~~Trustee ofFee ~~Contaminated~~0.00 ~~Properties~~0.00 FRY Amount 0.00 ~~Periodic~~0.00 ~~Advance~~Special ~~203~~Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 1,~~066~~232,435.8742 3,347,023.59 Realized Loss Amount (244.44) (244.44) Cumulative Realized Loss (244.44) 586,912.14 Percentage of Cumulative Losses (0.0001) 0.0749 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount Not Available 380576.83 Prepayment Penalty Paid Count Not Available Not Available Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.054865 6.433787

~~Summary~~Additional 12Reporting ~~Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct~~-04 ~~0.000%~~Deal ~~Original~~Level ~~Principal~~Miscellaneous ~~Balance~~Reporting ~~0.00~~Stepdown ~~Nov-04~~NO ~~0.000%~~Trigger ~~Current~~Event ~~Principal~~NO ~~Balance~~A1 ~~0.00~~PTR ~~Dec-04~~(excl ~~0.000%~~CAP) ~~Jan-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~REO Total Feb-05~~ 0.~~000~~000000% ~~Loans~~A2A inPTR ~~REO~~(excl 0CAP) ~~Mar-05~~for ~~0.000%~~Next ~~Original~~Distribution ~~Principal Balance~~ 0.~~00 Apr-05 0.000~~000000% ~~Current~~A2B ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~May-05~~for ~~0.000%~~Next ~~Jun-05~~Distribution 0.~~000~~000000% ~~Jul-05~~A3 ~~0.000%~~PTR ~~Aug-05~~(excl ~~0.000%~~CAP) ~~Sep-05~~for ~~0.000%~~Next *TheDistribution 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 ~~Oct-04 0~~.~~000~~000000% ~~Original~~A4 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 Dec-04 0.000~~000000% ~~Jan-05~~A5 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO~~ 0 ~~Mar-05 0~~.~~000~~000000% ~~Original~~M1 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 May-05 0.000~~000000% ~~Jun-05~~M2 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 0.~~000~~000000% *TheM3 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution 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 ~~Oct-04 0~~.~~000~~000000% ~~Original~~M4 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 Dec-04 0.000~~000000% ~~Jan-05~~M5 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO~~ 0 ~~Mar-05 0~~.~~000~~000000% ~~Original~~M6 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 May-05 0.000~~000000% ~~Jun-05~~M7 ~~0.000%~~PTR ~~Jul-05~~(excl ~~0.000%~~CAP) ~~Aug-05~~for ~~0.000%~~Next ~~Sep-05~~Distribution 0.~~000~~000000% *TheM8 ~~text~~PTR ~~reported~~(excl inCAP) ~~the~~for ~~above~~Next ~~table~~Distribution is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Oct-04 0~~.~~000~~000000% ~~Original~~M9 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Nov-04~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 Dec-04 0.000~~000000% ~~Jan-05~~M10 ~~0.000%~~PTR ~~Current~~(excl ~~REO~~CAP) ~~Total~~for ~~Feb-05~~Next ~~0.000%~~Distribution ~~Loans in REO~~ 0 ~~Mar-05 0~~.~~000~~000000% ~~Original~~M11 ~~Principal~~PTR ~~Balance~~(excl ~~0.00~~CAP) ~~Apr-05~~for ~~0.000%~~Next ~~Current~~Distribution ~~Principal Balance~~ 0.~~00 May-05 0.000~~000000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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.

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO ~~Loan~~TOTAL ~~Detail~~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 ~~All~~Days ~~Mortgage~~6 0 0 6 417,417.34 0.00 0.00 417,417.34 30 Days 79 1 1 0 81 12,833,585.00 82,042.07 343,440.07 0.00 13,259,067.14 60 Days 49 0 12 0 61 4,668,686.95 0.00 3,198,209.38 0.00 7,866,896.33 90 Days 17 2 10 0 29 1,824,742.09 384,187.09 2,379,307.67 0.00 4,588,236.85 120 Days 11 2 13 0 26 888,947.31 429,604.10 2,959,252.22 0.00 4,277,803.63 150 Days 8 4 6 2 20 823,440.00 655,199.28 1,542,697.07 307,372.42 3,328,708.77 180+ Days 13 6 11 9 39 1,004,921.95 784,380.70 3,342,066.64 2,365,900.37 7,497,269.66 Totals 177 21 53 11 262 22,044,323.30 2,752,830.58 13,764,973.05 2,673,272.79 41,235,399.72 No of Loans inNo ~~REO~~of ~~during~~Loans ~~Current~~No ~~Period~~of ~~Month~~Loans ~~Loan~~No ~~First~~of ~~Original~~Loans ~~Loan~~No ~~Entered~~of ~~Payment~~Loans ~~LTV~~Principal atBalance Principal ~~Group~~Balance ~~Number~~Principal ~~REO~~Balance ~~Date~~Principal ~~State~~Balance ~~Origination~~Principal Balance No0-29 ~~REO~~Days ~~loans~~0.178678% ~~this~~0.000000% ~~period~~0.000000% 0.178678% 0.069662% 0.000000% 0.000000% 0.069662% 30 Days 2.352591% 0.029780% 0.029780% 0.000000% 2.412150% 2.141765% 0.013692% 0.057316% 0.000000% 2.212772% 60 Days 1.459202% 0.000000% 0.357356% 0.000000% 1.816557% 0.779145% 0.000000% 0.533741% 0.000000% 1.312886% 90 Days 0.506254% 0.059559% 0.297796% 0.000000% 0.863609% 0.304527% 0.064116% 0.397077% 0.000000% 0.765719% 120 Days 0.327576% 0.059559% 0.387135% 0.000000% 0.774270% 0.148354% 0.071696% 0.493862% 0.000000% 0.713912% 150 Days 0.238237% 0.119119% 0.178678% 0.059559% 0.595593% 0.137422% 0.109345% 0.257457% 0.051297% 0.555520% 180+ Days 0.387135% 0.178678% 0.327576% 0.268017% 1.161406% 0.167709% 0.130903% 0.557749% 0.394839% 1.251200% Totals 5.270995% 0.625372% 1.578320% 0.327576% 7.802263% 3.678922% 0.459413% 2.297202% 0.446136% 6.881672%

~~REO~~OTHER ~~Loan~~INFORMATION ~~Detail - All Mortgage Loans in REO during~~ Current Period ~~(continued)~~Class ~~Current~~A ~~Paid~~Insufficient ~~Current~~Funds ~~Approximate~~0.00 ~~Loan~~ Principal ~~To Months Loan Delinquent Group Number~~ Balance ~~Date~~of ~~Delinquent~~Contaminated ~~Rate~~Properties ~~Interest~~0.00 NoPeriodic ~~REO~~Advance ~~loans this period~~429,796.67

~~Summary~~Delinquency 12Status ~~Month~~By ~~Foreclosure~~Group History*DELINQUENT ~~New~~BANKRUPTCY ~~Foreclosure~~FORECLOSURE REO TOTAL Group 1 - Fixed No of Loans ~~Month~~No ~~Foreclosure~~of ~~Percentage~~Loans No of Loans inNo ~~Foreclosure~~of 0Loans ~~Oct-04~~No ~~0.000%~~of ~~Original~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 ~~Nov-04~~0.00 0.~~000%~~00 ~~Current~~0.00 ~~Principal~~30 ~~Balance~~Days 7 1 0 0 8 694,650.88 82,042.07 0.00 ~~Dec-04~~0.00 776,692.95 60 Days 4 0 0 0 4 126,856.~~000%~~75 ~~Jan-05~~0.00 0.~~000%~~00 ~~Current~~0.00 ~~Foreclosure~~126,856.75 ~~Total~~90 ~~Feb-05~~Days 5 0 0 0 5 322,929.~~000%~~74 ~~Loans~~0.00 in0.00 ~~Foreclosure~~0.00 322,929.74 120 Days 0 ~~Mar-~~0 1 0 1 0.00 0.00 77,376.05 0.~~000%~~00 ~~Original~~77,376.05 ~~Principal~~150 ~~Balance~~Days 0 0 0 0 0 0.00 ~~Apr-05~~0.00 0.~~000%~~00 ~~Current~~0.00 ~~Principal~~0.00 ~~Balance~~180+ Days 2 0 0 0 2 62,997.75 0.00 ~~May-~~0.00 0.00 62,997.75 Totals 18 1 1 0 20 1,207,435.12 82,042.07 77,376.05 0.~~000%~~00 ~~Jun~~1,366,853.24 0-0529 Days 0.~~000~~000000% ~~Jul-05~~0.000000% 0.~~000~~000000% ~~Aug-05~~0.000000% 0.~~000~~000000% ~~Sep-05~~0.000000% 0.~~000~~000000% *The0.000000% ~~text~~30 ~~reported~~Days in2.147239% ~~the~~0.306748% ~~above~~0.000000% ~~table~~0.000000% is2.453988% ~~presented~~1.850701% ~~graphically~~0.218578% on0.000000% ~~the~~0.000000% ~~monthly~~2.069278% ~~bond~~60 ~~remittance~~Days ~~report~~1.226994% ~~The~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~1.226994% ~~report~~0.337974% ~~can~~0.000000% be0.000000% ~~viewed~~0.000000% ~~online~~0.337974% at90 ~~www~~Days 1.~~ctslink~~533742% 0.~~com~~000000% 0.000000% 0.000000% 1.533742% 120.860355% ~~Month~~0.000000% ~~Foreclosure~~0.000000% History*0.000000% ~~New~~0.860355% ~~Foreclosure~~120 ~~Loans~~Days ~~Month~~0.000000% ~~Foreclosure~~0.000000% ~~Percentage~~0.306748% ~~Loans~~0.000000% in0.306748% ~~Foreclosure~~0.000000% 0.000000% ~~Oct-04~~0.206147% 0.~~000~~000000% ~~Original~~0.206147% ~~Principal~~150 ~~Balance~~Days 0.00000000% ~~Nov-04~~0.000000% 0.~~000~~000000% ~~Current~~0.000000% ~~Principal~~0.000000% ~~Balance~~0.000000% 0.00000000% ~~Dec-04~~0.000000% 0.~~000~~000000% ~~Jan-05~~0.000000% 180+ Days 0.~~000~~613497% ~~Current~~0.000000% ~~Foreclosure~~0.000000% ~~Total~~0.000000% ~~Feb-05~~0.613497% 0.~~000~~167840% ~~Loans~~0.000000% in0.000000% ~~Foreclosure~~0.000000% 0.167840% ~~Mar-05~~Totals 5.521472% 0.~~000~~306748% ~~Original~~0.306748% ~~Principal~~0.000000% ~~Balance~~6.134969% 3.216869% 0.00218578% ~~Apr-05~~0.206147% 0.~~000~~000000% ~~Current~~3.641593% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 1 - ARM 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 94,143.17 0.00 ~~May-05~~0.00 94,143.17 30 Days 23 0 1 0 24 4,373,175.~~000%~~09 ~~Jun-05~~0.00 343,440.07 0.~~000%~~00 ~~Jul-05~~4,716,615.16 60 Days 10 0 6 0 16 1,325,866.~~000%~~95 ~~Aug-05~~0.00 1,449,133.57 0.00 2,775,000%.52 ~~Sep-05~~90 Days 4 1 9 0 14 586,509.~~000%~~35 *The303,709.58 ~~text~~1,903,425.90 ~~reported~~0.00 in2,793,644.83 ~~the~~120 ~~above~~Days ~~table~~1 is1 ~~presented~~8 ~~graphically~~0 on10 ~~the~~346,785.63 ~~monthly~~344,000.00 ~~bond~~1,904,621.74 ~~remittance~~0.00 ~~report~~2,595,407.37 ~~The~~150 ~~monthly~~Days ~~bond~~1 ~~remittance~~1 ~~report~~5 ~~can~~2 be9 ~~viewed~~297,705.95 ~~online~~106,362.82 at1,262,697.07 ~~www~~307,372.~~ctslink~~42 1,974,138.~~com~~26 180+ Days 0 2 5 3 10 0.00 290,394.17 1,604,257.23 482,923.54 2,377,574.94 12Totals ~~Month~~39 ~~Foreclosure~~6 History*34 ~~New~~5 ~~Foreclosure~~84 ~~Loans~~6,930,042.97 ~~Month~~1,138,609.74 ~~Foreclosure~~8,467,575.58 ~~Percentage~~790,295.96 ~~Loans~~17,326,524.25 in0-29 ~~Foreclosure~~Days 0.082508% ~~Oct-04~~0.000000% 0.~~000~~000000% ~~Original~~0.082508% ~~Principal~~0.037243% ~~Balance~~0.000000% 0.00000000% ~~Nov-04~~0.037243% 30 Days 1.897690% 0.~~000~~000000% ~~Current~~0.082508% ~~Principal~~0.000000% ~~Balance~~1.980198% 1.730028% 0.00000000% ~~Dec-04~~0.135865% 0.~~000~~000000% ~~Jan-05~~1.865893% 60 Days 0.~~000~~825083% ~~Current~~0.000000% ~~Foreclosure~~0.495050% ~~Total~~0.000000% ~~Feb-05~~1.320132% 0.~~000~~524513% ~~Loans~~0.000000% in0.573277% ~~Foreclosure~~0.000000% 1.097790% 90 Days 0.330033% ~~Mar-05~~0.082508% 0.~~000~~742574% ~~Original~~0.000000% ~~Principal~~1.155116% ~~Balance~~0.232023% 0.00120147% ~~Apr-05~~0.752995% 0.~~000~~000000% ~~Current~~1.105166% ~~Principal~~120 ~~Balance~~Days 0.00082508% ~~May-05~~0.082508% 0.~~000~~660066% ~~Jun-05~~0.000000% 0.~~000~~825083% ~~Jul-05~~0.137188% 0.~~000~~136086% ~~Aug-05~~0.753468% 0.~~000~~000000% ~~Sep-05~~1.026743% 150 Days 0.~~000~~082508% *The0.082508% ~~text~~0.412541% ~~reported~~0.165017% in0.742574% ~~the~~0.117772% ~~above~~0.042077% ~~table~~0.499523% is0.121597% ~~presented~~0.780969% ~~graphically~~180+ onDays ~~the~~0.000000% ~~monthly~~0.165017% ~~bond~~0.412541% ~~remittance~~0.247525% ~~report~~0.825083% ~~The~~0.000000% ~~monthly~~0.114880% ~~bond~~0.634644% ~~remittance~~0.191045% ~~report~~0.940568% ~~can~~Totals be3.217822% ~~viewed~~0.495050% ~~online~~2.805281% at0.412541% ~~www~~6.~~ctslink~~930693% 2.~~com~~741525% 0.450434% 3.349772% 120.312641% ~~Month~~6.854372% ~~Foreclosure~~DELINQUENT History*BANKRUPTCY ~~New~~FORECLOSURE ~~Foreclosure~~REO TOTAL Group 2 - Fixed No of Loans ~~Month~~No ~~Foreclosure~~of ~~Percentage~~Loans No of Loans inNo ~~Foreclosure~~of 0Loans ~~Oct~~No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 3 0 0 3 154,984.~~000%~~41 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~154,984.41 30 Days 29 0 0 0 29 2,250,581.94 0.00 ~~Nov-04~~0.00 0.~~000%~~00 ~~Current~~2,250,581.94 ~~Principal~~60 ~~Balance~~Days 19 0 1 0 20 1,112,761.65 0.00 ~~Dec-04~~272,571.51 0.~~000%~~00 ~~Jan-~~1,385,333.16 90 Days 5 1 0 0 6 316,614.22 80,477.51 0.00 0.00 397,091.73 120 Days 7 1 0 0 8 381,166.83 85,604.10 0.00 0.00 466,770.93 150 Days 7 1 0 0 8 525,734.05 79,753.93 0.~~000%~~00 ~~Current~~0.00 ~~Foreclosure~~605,487.98 ~~Total~~180+ ~~Feb~~Days 9 4 0 0 13 821,436.22 493,986.53 0.00 0.00 1,315,422.75 Totals 76 10 1 0 87 5,408,294.91 894,806.48 272,571.51 0.00 6,575,672.90 0-0529 Days 0.~~000~~302115% ~~Loans~~0.000000% in0.000000% ~~Foreclosure~~0.302115% 0.203659% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Original~~0.203659% ~~Principal~~30 ~~Balance~~Days 2.920443% 0.00000000% ~~Apr-05~~0.000000% 0.~~000~~000000% ~~Current~~2.920443% ~~Principal~~2.957409% ~~Balance~~0.000000% 0.00000000% ~~May-05~~0.000000% 2.957409% 60 Days 1.913394% 0.~~000~~000000% ~~Jun-05~~0.100705% 0.~~000~~000000% ~~Jul-05~~2.014099% 1.462240% 0.~~000~~000000% ~~Aug-05~~0.358176% 0.~~000~~000000% ~~Sep-05~~1.820416% 90 Days 0.~~000~~503525% *The0.100705% ~~text~~0.000000% ~~reported~~0.000000% in0.604230% ~~the~~0.416051% ~~above~~0.105753% ~~table~~0.000000% is0.000000% ~~presented~~0.521804% ~~graphically~~120 onDays ~~the~~0.704935% ~~monthly~~0.100705% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.805639% ~~The~~0.500878% ~~monthly~~0.112489% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.613367% ~~can~~150 beDays ~~viewed~~0.704935% ~~online~~0.100705% at0.000000% ~~www~~0.~~ctslink~~000000% 0.~~com~~805639% 0.690848% 40.104802% 120.000000% ~~Month~~0.000000% ~~Foreclosure~~0.795650% History*180+ ~~New~~Days ~~Foreclosure~~0.906344% ~~Loans~~0.402820% ~~Month~~0.000000% ~~Foreclosure~~0.000000% ~~Percentage~~1.309164% ~~Loans~~1.079420% in0.649130% ~~Foreclosure~~0.000000% 0.000000% ~~Oct-04~~1.728550% Totals 7.653575% 1.007049% 0.~~000~~100705% ~~Original~~0.000000% 8.761329% 7.106845% 1.175833% 0.358176% 0.000000% 8.640855% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL Group 2 - ARM 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 2 0 0 2 168,289.76 0.00 ~~Nov-04~~0.00 168,289.76 30 Days 20 0 0 0 20 5,515,177.09 0.00 0.00 0.00 5,515,177.09 60 Days 16 0 5 0 21 2,103,201.60 0.00 1,476,504.30 0.00 3,579,705.90 90 Days 3 0 1 0 4 598,688.78 0.00 475,881.77 0.00 1,074,570.55 120 Days 3 0 4 0 7 160,994.85 0.00 977,254.43 0.00 1,138,249.28 150 Days 0 2 1 0 3 0.00 469,082.53 280,000%.00 ~~Current~~0.00 ~~Principal~~749,082.53 ~~Balance~~180+ Days 2 0 6 6 14 120,487.98 0.00 ~~Dec~~1,737,809.41 1,882,976.83 3,741,274.22 Totals 44 4 17 6 71 8,498,550.30 637,372.29 4,947,449.91 1,882,976.83 15,966,349.33 0-0429 Days 0.~~000~~241838% ~~Jan-05~~0.000000% 0.~~000~~000000% ~~Current~~0.241838% ~~Foreclosure~~0.072292% ~~Total~~0.000000% ~~Feb-05~~0.000000% 0.~~000~~072292% ~~Loans~~30 inDays ~~Foreclosure~~2.418380% 0.000000% ~~Mar-05~~0.000000% 0.~~000~~000000% ~~Original~~2.418380% ~~Principal~~2.369152% ~~Balance~~0.000000% 0.00000000% ~~Apr-05~~0.000000% 2.369152% 60 Days 1.934704% 0.~~000~~000000% ~~Current~~0.604595% ~~Principal~~0.000000% ~~Balance~~2.539299% 0.00903471% ~~May-05~~0.000000% 0.~~000~~634261% ~~Jun-05~~0.000000% 1.537732% 90 Days 0.~~000~~362757% ~~Jul-05~~0.000000% 0.~~000~~120919% ~~Aug-05~~0.000000% 0.~~000~~483676% ~~Sep-05~~0.257178% 0.~~000~~000000% *The0.204424% ~~text~~0.000000% ~~reported~~0.461603% in120 ~~the~~Days ~~above~~0.362757% ~~table~~0.000000% is0.483676% ~~presented~~0.000000% ~~graphically~~0.846433% on0.069158% ~~the~~0.000000% ~~monthly~~0.419799% ~~bond~~0.000000% ~~remittance~~0.488957% ~~report~~150 Days 0.000000% ~~The~~0.241838% ~~monthly~~0.120919% ~~bond~~0.000000% ~~remittance~~0.362757% ~~report~~0.000000% ~~can~~0.201504% be0.120279% ~~viewed~~0.000000% ~~online~~0.321783% at180+ ~~www~~Days 0.~~ctslink~~241838% 0.~~com~~000000% 0.725514% 0.725514% 1.692866% 0.051758% 0.000000% 0.746510% 0.808869% 1.607137% Totals 5.320435% 0.483676% 2.055623% 0.725514% 8.585248% 3.650718% 0.273796% 2.125273% 0.808869% 6.858656%

~~Foreclosure~~180+ ~~Loan~~Delinquency ~~Detail~~Summary Summary Group 1 - ~~All~~Fixed ~~Mortgage~~Days Number of Aggregate Percentage of Number of Aggregate Percentage of Delinquent Loans inOutstanding ~~Foreclosure~~Balance(%) ~~during~~Loans ~~Current~~Oustanding ~~Period~~Balance(%) ~~Month~~Balance($) ~~Loan~~Balance($) ~~First~~180 ~~Original~~- ~~Loan~~209 ~~Entered~~23 ~~Payment~~3,892,979.76 ~~LTV~~0.650 at1 ~~Principal~~25,880.28 ~~Group~~0.069 ~~Number~~210 FC- ~~Date~~239 ~~State~~15 ~~Origination~~3,534,609.67 ~~Balance~~0.590 No1 ~~Foreclosure~~37,117.47 ~~loans~~0.099 ~~this~~240 ~~period~~- 269 1 69,680.23 0.012 0 0.00 0.000 Total 39 7,497,269.66 1.252 2 62,997.75 0.168

~~Foreclosure~~180+ ~~Loan~~Delinquency ~~Detail~~Summary (continued) Group 2 - ~~All~~Fixed ~~Mortgage~~Group 1 - ARM Number of Aggregate Percentage of Days Number of Aggregate Percentage of Loans inOustanding ~~Foreclosure~~Balance(%) ~~during~~Delinquent ~~Current~~Loans ~~Period~~Outstanding Balance(~~continued~~%) ~~Current~~Balance($) ~~Paid~~Balance($) ~~Current~~180 ~~Approximate~~- ~~Loan~~209 ~~Principal~~7 To1,519,300.00 ~~Months~~0.601 ~~Loan~~6 ~~Delinquent~~547,557.33 ~~Group~~0.720 ~~Number~~210 ~~Balance~~- ~~Date~~239 ~~Delinquent~~3 ~~Rate~~858,274.94 ~~Interest~~0.340 No6 ~~Foreclosure~~698,185.19 ~~loans~~0.917 ~~this~~240 ~~period~~- 269 0 0.00 0.000 1 69,680.23 0.092 Total 10 2,377,574.94 0.941 13 1,315,422.75 1.729

~~COLLATERAL~~180+ ~~STATEMENT~~Delinquency ~~Collateral~~Summary ~~Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 6.969354% Weighted Average Net Coupon 6.469354% Weighted Average Pass-Through Rate 6.469354% Weighted Average Maturity~~(~~Stepdown Calculation~~continued) ~~334~~Group ~~Beginning~~2 ~~Scheduled~~- ~~Collateral~~ARM ~~Loan~~Days ~~Count 3,901~~ Number Ofof ~~Loans~~Aggregate ~~Paid~~Percentage Inof ~~Full~~Delinquent ~~142~~Loans ~~Ending~~Outstanding ~~Scheduled Collateral Loan Count 3,759 Beginning Scheduled Collateral~~ Balance(%) ~~707,879,091.46 Ending Scheduled Collateral~~ Balance($) ~~678,567,732.83~~180 ~~Ending Actual Collateral Balance at 31~~-~~Aug-2005~~ ~~678,567,732.83~~209 ~~Monthly~~9 ~~P&I Constant 4~~1,~~517~~800,~~502~~242.0115 ~~Special Servicing Fee~~ 0.00773 ~~Prepayment~~210 ~~Penalties~~- ~~411,920.19~~239 ~~Realized~~5 ~~Loss Amount 194~~1,~~255.06 Cumulative Realized Loss 194~~941,~~255~~032.0607 ~~Scheduled Principal 406,285~~0.56834 ~~Unscheduled~~240 ~~Principal~~- ~~28,905,073.07~~269 ~~Required~~0 ~~Overcollateralization Amount~~ 0.00 ~~Overcollateralized Increase Amount 182,589.22 Overcollateralized reduction Amount~~ 0.00000 ~~Specified~~Total ~~O/C~~14 ~~Amount 15~~3,~~285~~741,~~601~~274.1322 ~~Overcollateralized~~1.607 ~~Amount~~This ~~15,285,601.13~~report ~~Overcollateralized~~includes ~~Deficiency~~all ~~Amount~~loans ~~0.00~~greater ~~Base~~than ~~Overcollateralized~~180 ~~Amount~~days ~~0.00~~delinquent ~~Extra~~regardless ~~principal~~of ~~distribution~~status ~~Amount~~(REO, ~~182~~Foreclosure,~~589.22~~ ~~Excess Cash Amount 0~~Bankruptcy).00

REO Detail - All Mortgage Loans in REO during Current Period

~~Miscellaneous~~Summary ~~Reporting~~12 ~~Stepdown~~Month NOREO ~~Trigger~~History* ~~Event~~New NOREO Loans Month REO Percentage Loans in REO 5 Jan-05 0.000% Original Principal Balance 1,247,600.00 Feb-05 0.000% Current Principal Balance 1,241,007.39 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 11 Jun-05 0.000% Original Principal Balance 2,692,050.00 Jul-05 0.000% Current Principal Balance 2,673,272.79 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.372% Dec-05 0.446% *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 1 - Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 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 REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 - ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Jan-05 0.000% Original Principal Balance 364,000.00 Feb-05 0.000% Current Principal Balance 361,021.20 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 5 Jun-05 0.000% Original Principal Balance 796,350.00 Jul-05 0.000% Current Principal Balance 790,295.96 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.280% Dec-05 0.313% *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 2 - Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 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 REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - ARM 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 3 Jan-05 0.000% Original Principal Balance 883,600.00 Feb-05 0.000% Current Principal Balance 879,986.19 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 6 Jun-05 0.000% Original Principal Balance 1,895,700.00 Jul-05 0.000% Current Principal Balance 1,882,976.83 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.650% Dec-05 0.809% *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~~REO ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All 1Mortgage 2Loans 3in ~~Collateral~~REO ~~Description~~during ~~Mixed~~Current ~~ARM~~Period ~~and~~Month ~~Balloon~~Loan ~~Mixed~~First ~~ARM~~Original ~~and Balloon Mixed ARM and Balloon Weighted Average Coupon Rate 7.405106 6.610798 9.111437 Weighted Average Net Rate 6.905106 6.110798 8.611437 Weighted Average Maturity 312 353 218 Beginning~~ Loan ~~Count~~Entered ~~373~~Payment ~~1,408~~LTV ~~1,157~~at ~~Loans~~Principal ~~Paid~~Group InNumber ~~Full~~REO 11Date 60State 39Origination ~~Ending~~Balance ~~Loan~~Group ~~Count 362~~ 1~~,348~~ ~~1,118~~- ~~Beginning~~ARM ~~Scheduled~~0011093198 ~~Balance~~Nov-2005 ~~42,666,689.89~~01-Jan-2005 ~~295,933,761.68~~MI ~~89,511,281~~90.7000 ~~Ending Scheduled Balance 41~~153,~~670,793~~000.4900 ~~281,871,353.80~~Group ~~85,842,616.21~~1 ~~Record~~- ~~Date~~ARM ~~08/31/2005~~0011120186 ~~08/31/~~Dec-2005 ~~08/31/~~01-Mar-2005 ~~Principal~~NV ~~And Interest Constant 303,941~~80.9100 1256,~~817,281~~000.8600 ~~736,648.72~~Group ~~Scheduled~~1 ~~Principal~~- ~~40,649.12~~ARM ~~186,983.21~~0011121868 ~~57,001.74~~Nov-2005 ~~Unscheduled~~01-Mar-2005 ~~Principal~~TX ~~955,247~~80.2800 13202,~~875,424~~000.6700 ~~3,611,663.75~~Group ~~Scheduled Interest 263,292.79~~ 1~~,630,298.65~~ ~~679,646.98~~- ~~Servicing~~ARM ~~Fees~~0011123276 ~~17,777.79~~Dec-2005 ~~123,305.73~~01-Mar-2005 ~~37,296.37~~CO ~~Master Servicing Fees 0~~80.00 0108,000.00 ~~0.00~~Group ~~Trustee~~1 ~~Fee~~- ~~0.00~~ARM ~~0.00~~0011126040 ~~0.00~~Nov-2005 ~~FRY~~01-Mar-2005 ~~Amount~~MI 085.00 077,350.00 ~~0.00~~Group ~~Special~~2 ~~Hazard~~- ~~Fee~~ARM ~~0.00~~0011075701 ~~0.00~~Dec-2005 ~~0.00~~01-Jan-2005 ~~Other~~NV ~~Fee 0~~85.00 0251,600.00 ~~0.00~~Group ~~Pool~~2 ~~Insurance~~- ~~Fee~~ARM ~~0.00~~0011115423 ~~0.00~~Dec-2005 ~~0.00~~01-Mar-2005 ~~Spread~~CA ~~1 0~~80.00 0528,000.00 ~~0.00~~Group ~~Spread~~ 2 ~~0.00~~- ~~0.00~~ARM ~~0.00~~0011118391 ~~Spread~~Nov-2005 301-Feb-2005 ~~0.00~~TX 080.00 0569,600.00 ~~Net~~Group ~~Interest~~2 ~~245,515.00~~- ~~1,506,992.92~~ARM ~~642,350.61~~0011124045 ~~Realized~~Dec-2005 ~~Loss~~01-Mar-2005 ~~Amount~~TX 080.00 ~~0.00 194~~104,~~255~~000.~~06 Cumulative Realized Loss 0.~~00 ~~0.00~~Group ~~194,255.06~~2 ~~Percentage~~- ofARM ~~Cumulative~~0011131118 ~~Losses~~Nov-2005 ~~0.0000~~01-Mar-2005 ~~0.0000~~TX 078.~~2000~~43 ~~Prepayment Penalties 0~~400,000.00 ~~0.00~~Group ~~0.00~~2 ~~Special~~- ~~Servicing~~ARM ~~Fee~~0011135352 ~~0.00~~Nov-2005 ~~0.00 0.00 Pass~~01-~~Through~~Mar-2005 ~~Rate~~TN 685.~~905106~~00 642,500.~~110798 8.611437~~00

~~Group~~REO ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All 4Mortgage ~~Total~~Loans ~~Collateral~~in ~~Description~~REO ~~Mixed~~during ~~ARM~~Current ~~and~~Period ~~Balloon~~(continued) ~~Fixed~~Current ~~Mixed~~Paid &Current ~~ARM~~Approximate &Loan ~~Balloon~~Principal ~~Weighted~~To ~~Average~~Months ~~Coupon~~Loan ~~Rate~~Delinquent ~~6.596815~~Group ~~6.969354~~Number ~~Weighted~~Balance ~~Average~~Date ~~Net~~Delinquent Rate ~~6.096815~~Interest ~~6.469354~~Group ~~Weighted~~1 ~~Average~~- ~~Maturity~~ARM ~~353~~0011093198 ~~334~~151,981.00 ~~Beginning~~01-Apr-2005 ~~Loan~~6 ~~Count~~9.125% ~~963 3~~8,~~901~~761.39 ~~Loans~~Group ~~Paid~~1 In- ~~Full~~ARM 320011120186 ~~142~~254,045.76 ~~Ending~~01-Apr-2005 ~~Loan~~6 ~~Count~~7.500% ~~931 3~~11,~~759~~897.06 ~~Beginning~~Group ~~Scheduled~~1 ~~Balance~~- ~~279,767,358.19~~ARM ~~707~~0011121868 200,~~879,091~~396.4698 ~~Ending~~01-May-2005 ~~scheduled~~5 ~~Balance 269,182,969~~7.33650% ~~678~~8,~~567,732~~381.8395 ~~Record~~Group ~~Date~~1 ~~08/31/2005~~- ~~08/31/2005~~ARM ~~Principal~~0011123276 ~~And Interest Constant 1~~106,~~659,629~~975.5244 ~~4,517,502.~~01-May-2005 ~~Scheduled~~5 ~~Principal 121,651~~6.49375% ~~406~~3,~~285~~680.~~56 Unscheduled Principal 10,462,737.~~37 ~~28,905,073.07~~Group ~~Scheduled Interest~~ 1~~,537,978.03~~ ~~4,111,216.45~~- ~~Servicing~~ARM ~~Fees~~0011126040 ~~116~~76,~~569~~896.7378 ~~294,949.62~~01-Mar-2005 ~~Master~~7 ~~Servicing Fees 0~~8.00875% 04,844.0006 ~~Trustee~~Group ~~Fee~~2 ~~0.00~~- ~~0.00~~ARM ~~FRY~~0011075701 ~~Amount 0~~248,706.0075 ~~0.00~~01-Apr-2005 ~~Special~~6 ~~Hazard Fee 0~~6.00350% 09,742.0058 ~~Other~~Group ~~Fee~~2 ~~0.00~~- ~~0.00~~ARM ~~Pool~~0011115423 ~~Insurance Fee 0~~528,000.00 ~~0.00~~01-Mar-2005 ~~Spread~~7 ~~1 0~~6.00875% 025,245.00 ~~Spread~~Group 2 ~~0.00~~- ~~0.00~~ARM ~~Spread~~0011118391 ~~3 0~~564,512.0062 ~~0.00~~01-Apr-2005 ~~Net~~6 ~~Interest 1,421,408~~7.30200% 325,~~816,266~~309.8333 ~~Realized~~Group ~~Loss~~2 ~~Amount~~- ~~0.00~~ARM ~~194~~0011124045 103,~~255~~279.0644 ~~Cumulative~~01-Apr-2005 ~~Realized~~6 ~~Loss 0~~7.00990% ~~194~~5,~~255~~173.0650 ~~Percentage~~Group of2 ~~Cumulative~~- ~~Losses~~ARM ~~0.0000~~0011131118 0396,294.~~0248~~55 ~~Prepayment~~01-Mar-2005 ~~Penalties~~7 06.00500% 017,915.0065 ~~Special~~Group ~~Servicing~~2 ~~Fee~~- ~~0.00~~ARM 00011135352 42,183.0047 ~~Pass~~01-~~Through~~Mar-2005 ~~Rate~~7 67.~~096815~~625% 62,262.~~469354~~55

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~Prepayment~~Summary ~~Detail~~12 -Month ~~Prepayments~~Foreclosure ~~during~~History* ~~Current~~New ~~Period~~Foreclosure ~~Summary~~Loans Month Foreclosure Percentage Loans ~~Paid~~in InForeclosure ~~Full~~16 ~~Repurchased~~Jan-05 ~~Loans~~0.000% Original ~~Current~~Principal ~~Original~~Balance 4,069,200.00 Feb-05 0.000% Current Principal ~~Principal~~Balance 4,045,408.92 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 53 Jun-05 0.000% Original Principal Balance 13,868,550.00 Jul-05 0.000% Current Principal Balance 13,764,973.05 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 2.571% Dec-05 2.297% *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 ~~Count~~1 ~~Balance~~- ~~Balance~~Fixed ~~Count~~12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 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 Foreclosure Total May-05 0.000% Loans in Foreclosure 1 11Jun-05 ~~958~~0.000% Original Principal Balance 79,~~240~~800.00 ~~951~~Jul-05 0.000% Current Principal Balance 77,~~827~~376.6805 Aug-05 0.000% Sep-05 0.00000% Oct-05 0.000% Nov-05 0.200% Dec-05 0.206% *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 1 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 Jan-05 0.000% Original Principal Balance 2,309,200.00 Feb-05 0.000% Current Principal Balance 2,296,333.11 60Mar-05 130.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 34 Jun-05 0.000% Original Principal Balance 8,~~923~~530,~~130~~250.00 13Jul-05 0.000% Current Principal Balance 8,~~855~~467,~~313~~575.2358 Aug-05 0.000% Sep-05 0.00000% Oct-05 0.00000% Nov-05 3.623% 37Dec-05 3.350% *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 2 - Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 0.000% Original Principal Balance 275,~~431,145~~000.00 3Feb-05 0.000% Current Principal Balance 272,~~418,014~~571.7851 Mar-05 0.000% Apr-05 0.00000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 1 Jun-05 0.000% Original Principal Balance 275,000.00 4Jul-05 320.000% 10Current Principal Balance 272,~~497~~571.51 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.054% Dec-05 0.358% *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 2 - ARM 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 5 Jan-05 0.000% Original Principal Balance 1,~~090~~485,000.00 10Feb-05 0.000% Current Principal Balance 1,~~458~~476,~~697~~504.5430 0Mar-05 0.00000% Apr-05 0.00000% Current Foreclosure Total ~~140~~May-05 280.000% Loans in Foreclosure 17 Jun-05 0.000% Original Principal Balance 4,~~809~~983,~~605~~500.00 28Jul-05 0.000% Current Principal Balance 4,~~683~~947,~~853~~449.2391 Aug-05 0.000% Sep-05 0.00000% Oct-05 0.00000% Nov-05 2.630% Dec-05 2.125% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Prepayment~~Foreclosure Loan Detail - ~~Prepayments~~All Mortgage Loans in Foreclosure during Current Period ~~(continued)~~Month ~~Summary~~Loan ~~Substitution~~First ~~Loans~~Original ~~Liquidated~~Loan ~~Loans~~Entered ~~Curtailments~~Payment ~~Original~~LTV ~~Current~~at ~~Original~~Principal ~~Current~~Group ~~Principal~~Number ~~Principal~~FC ~~Principal~~Date ~~Principal~~State ~~Curtailment~~Origination Balance Group ~~Count~~1 ~~Balance~~- ~~Balance~~Fixed ~~Count~~0011125043 ~~Balance~~Nov-2005 ~~Balance~~01-Mar-2005 ~~Amount~~IN 95.00 79,800.00 Group 1 0- 0ARM 0011060706 Nov-2005 01-Dec-2004 IL 90.00 067,500.00 0Group 01 - ARM 0011084567 Dec-2005 01-Feb-2005 GA 80.00 0192,000.00 3Group 1 - ARM 0011089606 Dec-2005 01-Feb-2005 OH 80.00 60,~~536~~800.00 Group 1 - ARM 0011091856 Nov-2005 01-Feb-2005 CA 80.00 308,000.00 Group 1 - ARM 0011092128 Dec-2005 01-Feb-2005 OH 95.00 2144,400.00 0Group 01 - ARM 0011092598 Dec-2005 01-Jan-2005 GA 80.00 0300,000.00 0Group 01 - ARM 0011103082 Nov-2005 01-Mar-2005 NY 80.00 0456,000.00 24Group 1 - ARM 0011105324 Nov-2005 01-Feb-2005 NJ 90.00 243,~~868~~000.0800 3Group 01 0- ARM 0011107135 Nov-2005 01-Mar-2005 CA 90.00 0234,000.00 Group 1 - ARM 0011107643 Nov-2005 01-Mar-2005 CA 80.00 348,000.00 Group 1 - ARM 0011108924 Dec-2005 01-Feb-2005 RI 80.00 224,000.00 Group 1 - ARM 0011109839 Dec-2005 01-Feb-2005 CT 80.00 215,920.00 Group 1 - ARM 0011113233 Nov-2005 01-Feb-2005 MA 80.00 420,000.00 Group 1 - ARM 0011114144 Nov-2005 01-Feb-2005 CA 85.00 233,750.00 Group 1 - ARM 0011117417 Nov-2005 01-Mar-2005 CA 80.00 235,200.00 Group 1 - ARM 0011117712 Nov-2005 01-Feb-2005 CA 80.00 166,400.00 Group 1 - ARM 0011118581 Nov-2005 01-Mar-2005 NY 100.00 275,600.00 Group 1 - ARM 0011119763 Nov-2005 01-Mar-2005 FL 80.00 244,000.00 Group 1 - ARM 0011120317 Nov-2005 01-Mar-2005 MA 80.00 153,600.00 Group 1 - ARM 0011121250 Nov-2005 01-Feb-2005 CA 80.00 220,000.00 Group 1 - ARM 0011122233 Dec-2005 01-Mar-2005 NY 80.00 448,000.00 Group 1 - ARM 0011123115 Nov-2005 01-Mar-2005 TX 80.00 152,000.00 Group 1 - ARM 0011125048 Nov-2005 01-Feb-2005 NY 85.00 425,000.00 Group 1 - ARM 0011125609 Dec-2005 01-Mar-2005 TX 80.00 77,280.00 Group 1 - ARM 0011126494 Nov-2005 01-Mar-2005 IL 80.00 88,000.00 Group 1 - ARM 0011126948 Nov-2005 01-Mar-2005 CA 80.00 356,800.00 Group 1 - ARM 0011127035 Nov-2005 01-Mar-2005 CA 85.00 320,450.00 Group 1 - ARM 0011127091 Dec-2005 01-Mar-2005 CA 90.00 346,500.00 Group 1 - ARM 0011129938 Nov-2005 01-Mar-2005 IL 95.00 251,750.00 Group 1 - ARM 0011132275 Dec-2005 01-Mar-2005 CA 78.00 300,300.00 Group 1 - ARM 0011132728 Nov-2005 01-Mar-2005 OR 89.41 211,000.00 Group 1 - ARM 0011133766 Nov-2005 01-Mar-2005 CA 58.70 270,000.00 Group 1 - ARM 0011134259 Nov-2005 01-Mar-2005 NY 80.00 440,000.00 Group 1 - ARM 0011135876 Nov-2005 01-Feb-2005 IL 100.00 101,000.00 Group 2 ~~183~~- Fixed 0011121081 Dec-2005 01-Mar-2005 CA 65.17 275,~~178~~000.00 ~~182~~Group 2 - ARM 0011065638 Nov-2005 01-Jan-2005 ME 77.85 58,~~675~~000.00 Group 2 - ARM 0011086804 Nov-2005 01-Feb-2005 OK 90.00 95,400.00 Group 2 - ARM 0011096769 Dec-2005 01-Jan-2005 VA 43.90 11180,~~713~~000.00 4Group 02 0- ARM 0011101428 Nov-2005 01-Feb-2005 TX 80.00 0381,600.00 0Group 02 - ARM 0011107808 Dec-2005 01-Feb-2005 FL 80.00 092,000.00 6Group 2 - ARM 0011108596 Dec-2005 01-Mar-2005 TN 80.00 64,~~546~~000.3800 ~~Total~~Group 02 0- ARM 0011108680 Nov-2005 01-Feb-2005 CA 80.00 0280,000.00 Group 2 ~~183~~- ARM 0011110153 Nov-2005 01-Feb-2005 TX 80.00 188,~~178~~000.00 ~~182~~Group 2 - ARM 0011116004 Nov-2005 01-Mar-2005 CA 80.00 344,~~675~~000.4300 46Group 2 - ARM 0011117272 Nov-2005 01-Mar-2005 IL 75.00 639,~~664~~750.4100 Group 2 - ARM 0011118489 Nov-2005 01-Feb-2005 CA 80.00 368,000.00 Group 2 - ARM 0011121971 Dec-2005 01-Mar-2005 CA 77.40 685,000.00 Group 2 - ARM 0011123044 Nov-2005 01-Mar-2005 FL 95.00 427,500.00 Group 2 - ARM 0011131388 Nov-2005 01-Mar-2005 CA 80.00 164,000.00 Group 2 - ARM 0011132589 Dec-2005 01-Mar-2005 NV 80.00 464,000.00 Group 2 - ARM 0011132892 Nov-2005 01-Mar-2005 OH 85.00 72,250.00 Group 2 - ARM 0011135569 Nov-2005 01-Mar-2005 NY 80.00 480,000.00

~~Prepayment~~Foreclosure Loan Detail - ~~Prepayments~~All Mortgage Loans in Foreclosure during Current Period ~~First~~(continued) ~~Original~~Current ~~Loan~~Paid ~~LTV~~Current atApproximate ~~Payment~~Loan Principal ~~Prepayment~~To ~~Group~~Months ~~Number~~Loan ~~State~~Delinquent ~~Origination~~Group ~~Date~~Number Balance ~~Amount~~Date 1Delinquent ~~0011076010~~Rate AZInterest ~~85.00~~Group ~~01-Feb-2005 209,950.00 206,807.32~~ 1 ~~0011090807~~- CAFixed ~~20.00~~0011125043 ~~01-Feb-2005 62~~77,~~200~~376.0005 ~~61,999.66 1 0011096043 MD 90.00~~ 01-~~Jan~~Jun-2005 ~~40,410.00~~4 ~~40,133~~7.28775% ~~1 0011103257 FL 20.00 01-Mar-2005 50~~2,~~500~~845.~~00 50,308.~~97 Group 1 ~~0011108361 AZ 20.00 01~~-~~Feb-2005~~ ~~28,600.00~~ARM ~~28,513.42~~0011060706 ~~1 0011109770 CA 20.00 01-Feb-2005 37~~66,~~980~~823.~~00 37,858.~~78 ~~1 0011113377 MD 20.00~~ 01-~~Mar~~Jul-2005 ~~39,000.00~~3 ~~38,862~~7.23500% 1 ~~0011114671 FL 79.23 01-Mar-2005 206~~,~~000~~953.0071 ~~204,843.26~~Group 1 ~~0011114833 AZ 20.00 01~~-~~Mar-2005~~ ~~27,200.00~~ARM ~~27,104.11~~0011084567 ~~1 0011121773 CA 15.00 01-Mar-2005 48~~192,000.00 ~~47,869.62 1 0011129846 CA 78.64~~ 01-~~Mar~~Aug-2005 ~~208,400.00 207,409.68~~ 2 ~~0011060409 CA 67~~6.78575% ~~01-Mar-2005 183~~3,~~000~~888.00 ~~182,239.34~~Group 21 ~~0011065742~~- NVARM ~~77.50~~0011089606 ~~01-Feb-2005 155~~60,~~000~~262.0026 ~~154,021.66 2 0011076607 CA 80.00~~ 01-~~Jan~~Jul-2005 ~~332,000~~3 7.00250% ~~331~~1,~~889~~699.1610 2Group ~~0011083400~~1 CA- ~~56.60~~ARM ~~01-Feb-2005~~0011091856 ~~150~~304,~~000~~558.0038 ~~148,299.15 2 0011083485 NV 80.00~~ 01-~~Feb~~Jun-2005 ~~244,800~~4 6.00026% ~~243~~8,~~523~~445.2371 2Group ~~0011083491~~1 CA- ~~80.00~~ARM ~~01-Jan-2005~~0011092128 ~~216~~143,~~000~~497.0021 ~~214,629.83 2 0011090806 CA 80.00~~ 01-~~Feb~~Jul-2005 ~~248,800~~3 8.00990% ~~247~~5,~~160~~085.7815 2Group ~~0011093256~~1 IL- ~~80.00~~ARM ~~01-Feb-2005~~0011092598 ~~172~~300,000.00 ~~172,000.00 2 0011093481 CA 65.79~~ 01-~~Feb~~Jul-2005 ~~187,500.00~~3 ~~186,599~~6.74990% ~~2 0011094578 NJ 74.88 01-Feb-2005 310~~8,~~000~~112.0050 ~~307,580.70~~Group 21 ~~0011095255 WA 80.00 01~~-~~Mar-2005~~ ~~135,996.00~~ARM ~~135,316.01~~0011103082 ~~2 0011102019 CA 80.00 01-Mar-2005 188~~451,~~000~~376.0002 ~~186,852.14 2 0011102836 IL 82.36~~ 01-~~Feb~~Jun-2005 ~~212,500.00~~4 ~~210,771~~6.24075% ~~2 0011103240 FL 80.00 01-Mar-2005 202~~12,~~000~~627.~~00 200,791.~~42 2Group ~~0011103403~~1 DC- ~~80.00~~ARM ~~01-Feb-2005~~0011105324 ~~320~~241,~~000~~051.0031 ~~317,971.21 2 0011105664 CA 80.00~~ 01-~~Mar~~Jul-2005 ~~296,800~~3 7.00750% ~~296~~7,~~800~~298.0019 2Group ~~0011107051~~1 CA- ~~73.42~~ARM ~~01-Mar-2005~~0011107135 ~~290~~232,~~000~~010.0065 ~~290,000.00 2 0011108145 TX 80.00~~ 01-~~Feb~~May-2005 ~~92,000~~5 6.00950% 918,~~362~~758.4972 2Group ~~0011108290~~1 CA- ~~80.00~~ARM ~~01-Feb-2005~~0011107643 ~~296~~344,~~800~~770.0007 ~~295,083.67 2 0011108861 MD 85.00~~ 01-Mar-2005 ~~43,350~~7 6.00490% 4315,~~164~~560.9047 2Group ~~0011109066~~1 ~~MD 89.74 01~~-~~Feb-2005~~ ~~350,000.00~~ARM ~~348,100.37~~0011108924 ~~2 0011109516 MD 80.00 01-Feb-2005 228~~221,~~000~~638.0066 ~~226,622.59 2 0011109769 CA 80.00~~ 01-~~Feb~~Aug-2005 ~~151,920.00 150,940.98~~ 2 ~~0011110626 MD 80~~6.00500% ~~01-Feb-2005 300~~4,~~000~~443.0041 ~~298,328.56~~Group 21 ~~0011110972 MD 80.00 01~~-~~Feb-2005~~ ~~168,000.00~~ARM ~~168,000.00~~0011109839 ~~2 0011111210 MD 85.00 01-Feb-2005 249~~213,~~900~~745.~~00 248,506.11 2 0011112724 CA 80.00~~ 01~~-Feb-2005~~ ~~343,200.00 341,009.93 2 0011113642 CA 89.02~~ 01-~~Mar~~Aug-2005 ~~300,000.00 298,708.87~~ 2 ~~0011113926 IL 80~~6.00575% ~~01-Feb-2005 144~~4,~~800~~338.0056 ~~143,833.72~~Group 21 ~~0011113990 CA 80.00 01~~-~~Mar-2005~~ ~~162,400.00~~ARM ~~162,400.00~~0011113233 ~~2 0011114138 CA 62.50 01-Feb-2005 300~~415,~~000~~908.~~00 297,724.~~50 ~~2 0011114253 MD 90.00~~ 01-~~Mar~~Apr-2005 ~~225,900.00~~6 ~~224,815~~6.35750% ~~2 0011114255 CA 80.00 01-Feb-2005 292~~17,~~000~~400.0030 ~~291,931.56~~Group 21 ~~0011114831 AZ 80.00 01~~-~~Mar-2005~~ ~~108,800.00~~ARM ~~108,133.13~~0011114144 ~~2 0011114898 MD 80.00 01-Mar-2005 131~~231,~~200~~939.0028 ~~130,509.04 2 0011114979 MD 65.20~~ 01-~~Mar~~Jun-2005 ~~195,600.00~~4 ~~194,457~~7.81925% ~~2 0011115330 MD 85.00 01-Feb-2005 146~~8,~~710~~632.~~00 146,005.~~61 2Group ~~0011115481~~1 CA- ~~80.00~~ARM ~~01-Mar-2005~~0011117417 ~~276~~235,~~000~~200.00 ~~274,773.71 2 0011116667 CA 80.00~~ 01-~~Feb~~Jun-2005 ~~276,000~~4 7.00825% ~~273~~8,~~702~~614.5320 2Group ~~0011116683~~1 ~~CA 90.00 01~~-~~Mar-2005~~ ~~273,600.00~~ARM ~~272,166.60~~0011117712 ~~2 0011116929 VA 80.00 01-Feb-2005 229~~164,~~600~~778.~~00 228,273.~~93 ~~2 0011118379 NV 62.93~~ 01-~~Mar~~Apr-2005 ~~258,000~~6 6.00750% ~~256~~6,~~776~~893.8283 2Group ~~0011118630~~1 CA- ~~95.00~~ARM ~~01-Mar-2005~~0011118581 ~~210~~274,~~900~~028.0021 ~~209,261.69 2 0011119422 CA 80.00~~ 01-~~Feb~~Jun-2005 ~~272,000~~4 9.00350% ~~269~~12,~~406~~148.83 2Group ~~0011119574~~1 CA- ~~87.50~~ARM ~~01-Mar-2005~~0011119763 ~~350~~242,~~000~~191.0064 ~~347,952.28 2 0011121723 MD 95.00~~ 01-~~Mar~~Apr-2005 ~~318,249~~6 7.00650% ~~316~~11,~~320~~583.1080 2Group ~~0011121794~~1 CA- ~~85.00~~ARM ~~01-Mar-2005~~0011120317 ~~229~~152,~~500~~093.0082 ~~228,098.75 2 0011122327 CA 80.00~~ 01-~~Mar~~Jul-2005 ~~344,000~~3 6.00200% ~~341~~3,~~679~~623.1713 2Group ~~0011122954~~1 ~~TN 95.00 01~~-~~Mar-2005~~ ~~85,405.00~~ARM ~~85,078.00~~0011121250 ~~2 0011123369 VA 74.07 01-Mar-2005 300~~220,000.00 ~~298,752.33 2 0011123561 CA 63.89~~ 01-~~Mar~~Jun-2005 ~~115,000~~4 5.00850% ~~114~~5,~~138~~884.9798 2Group ~~0011125340~~1 ~~DC 80.00 01~~-~~Mar-2005~~ ~~329,600.00~~ARM ~~328,119.48~~0011122233 ~~2 0011125659 CA 90.00 01-Mar-2005 337~~447,~~500~~599.~~00 337,500.00 2 0011127516 CA~~ 83~~.04~~ 01-~~Mar~~Aug-2005 ~~235,000.00 233,273.87~~ 2 ~~0011127576 MD 80~~6.00250% ~~01-Mar-2005 260~~8,~~800~~579.00 ~~259,026.85~~Group 21 ~~0011130529 AZ 86.96 01~~-~~Mar-2005~~ ~~140,000.00~~ARM ~~139,180.94~~0011123115 ~~2 0011132431 NJ 80.00 01-Mar-2005 244~~150,~~000~~873.~~00 242,132.~~46 ~~2 0011132520 IL 85.00~~ 01-~~Mar~~May-2005 ~~246,500~~5 7.00650% ~~244~~6,~~952~~311.1677 2Group ~~0011133233~~1 CA- ~~70.00~~ARM ~~01-Mar-2005~~0011125048 ~~168~~422,~~000~~065.0045 ~~166,980.57 2 0011136031 VA 85.00~~ 01-~~Mar~~Jul-2005 ~~348,500~~3 8.00500% ~~346~~14,~~923~~096.7522 3Group ~~0011076608~~1 CA- ~~20.00~~ARM ~~01-Jan-2005~~0011125609 8376,~~000~~808.0079 ~~82,677.26 3 0011083480 NV 10.00~~ 01-~~Feb~~Aug-2005 ~~30,600~~2 8.00650% 302,~~535~~089.1092 3Group ~~0011093259~~1 IL- ~~20.00~~ARM ~~01-Jan-2005~~0011126494 4387,~~000~~311.0061 ~~42,775.34 3 0011093646 NJ 69.37~~ 01-~~Feb~~Jun-2005 ~~221,290.00~~4 ~~220,059~~7.47375% 3 ~~0011096911 NY 90.00 01-Mar-2005 472~~,~~500~~009.0076 ~~469,636.81~~Group 31 ~~0011103404~~- DCARM ~~20.00~~0011126948 ~~01-Feb-2005 80~~353,~~000~~488.0044 ~~79,553.46 3 0011105528 IL 20.00~~ 01-~~Feb~~May-2005 ~~94,000~~5 6.00490% 9312,~~735~~398.8438 3Group ~~0011105666~~1 CA- ~~20.00~~ARM ~~01-Mar-2005~~0011127035 74316,~~200.00 73,~~938.4142 ~~3 0011108294 CA 20.00~~ 01-~~Feb~~May-2005 ~~74,200~~5 5.00800% 739,~~974~~841.3114 3Group ~~0011109517~~1 MD- ~~20.00~~ARM ~~01-Feb-2005~~0011127091 57343,~~000~~440.0007 ~~56,837.22 3 0011110627 MD 20.00~~ 01-~~Feb~~Sep-2005 ~~75,000~~1 6.00750% 745,~~827~~376.3103 3Group ~~0011111028~~1 MD- ~~20.00~~ARM ~~01-Feb-2005~~0011129938 42250,~~000~~230.0015 ~~41,826.57 3 0011111592 AZ 20.00~~ 01-~~Feb~~Jul-2005 ~~50,106.00 49,922.98~~ 3 ~~0011111778 WA 20~~8.00675% ~~01-Mar-2005 33~~8,~~999~~539.0037 ~~33,906.68~~Group 31 ~~0011111902~~- CAARM ~~20.00~~0011132275 ~~01-Feb-2005 114~~297,~~000~~341.0028 ~~113,699.58 3 0011112725 CA 20.00~~ 01-~~Feb~~Aug-2005 ~~85,800~~2 6.00175% 855,~~538~~638.2796 3Group ~~0011113991~~1 CA- ~~20.00~~ARM ~~01-Mar-2005~~0011132728 40209,~~600~~386.0010 ~~40,456.83 3 0011114256 CA 20.00~~ 01-~~Feb~~May-2005 ~~73,000.00~~5 ~~72,655~~7.47490% ~~3 0011114901 MD 20.00 01-Mar-2005 32~~8,~~800~~564.~~00 32,724.~~45 3Group ~~0011115482~~1 CA- ~~15.00~~ARM ~~01-Mar-2005~~0011133766 51267,~~750~~401.0092 ~~51,613.57 3 0011116067 TX 20.00~~ 01-~~Mar~~Jul-2005 ~~106,600.00 106,260.82~~ 3 ~~0011116289 AZ 20~~6.00300% ~~01-Mar-2005 28~~6,~~600~~481.0036 ~~28,526.52~~Group 31 ~~0011116668 CA 20.00 01~~-~~Feb-2005~~ ~~69,000.00~~ARM ~~68,698.05~~0011134259 ~~3 0011119424 CA 20.00 01-Feb-2005 68~~436,~~000~~608.0009 ~~67,650.68 3 0011120906 CA 15.00~~ 01-Mar-2005 ~~91,500~~7 7.00450% 9122,~~277~~845.0067 3Group ~~0011122328~~1 CA- ~~20.00~~ARM ~~01-Mar-2005~~0011135876 86100,~~000~~208.0024 ~~85,726.33 3 0011122508 FL 95.00~~ 01-~~Mar~~Jun-2005 ~~107,350.00~~4 ~~106,625~~7.76865% 3 ~~0011122655 CA 20.00 01-Mar-2005 101~~,~~600~~699.0063 ~~101,276.74~~Group 32 ~~0011122751~~- FLFixed ~~26.67~~0011121081 ~~01-Mar-2005 200~~272,~~000~~571.0051 ~~199,456.79 3 0011122997 CA 20.00~~ 01-~~Mar~~Aug-2005 ~~110,000~~2 6.00750% ~~109~~5,~~612~~691.1347 3Group ~~0011123841~~2 CA- ~~20.00~~ARM ~~01-Mar-2005~~0011065638 ~~105~~57,~~000~~514.0051 ~~104,521.53 3 0011123871 CA 20.00~~ 01-~~Mar~~Apr-2005 ~~47,000~~6 7.00990% 462,~~894~~881.2818 3Group ~~0011125341~~2 DC- ~~20.00~~ARM ~~01-Mar-2005~~0011086804 8294,~~400~~596.0039 ~~82,219.64 3 0011127751 MD 18.40~~ 01-~~Mar~~Apr-2005 ~~60,000.00~~6 ~~59,837~~7.~~04 3 0011128146 CA 15.00 01-Mar-2005 91,~~500~~.00~~% 914,~~224~~430.5808 3Group ~~0011131227~~2 CA- ~~20.00~~ARM ~~01-Mar-2005~~0011096769 ~~128~~178,~~600~~767.0068 ~~128,197.62 3 0011132325 AZ 25.00~~ 01-~~Mar~~Aug-2005 ~~164,750~~2 8.00990% ~~164~~5,~~347~~066.6463 3Group ~~0011132432~~2 NJ- ~~20.00~~ARM ~~01-Mar-2005~~0011101428 61378,~~000~~191.0072 ~~60,374.27 3 0011134780 TX 20.00~~ 01-~~Mar~~Jun-2005 ~~76,578.00 76,328.40~~ 4 ~~0011083146 MO 85~~7.00200% ~~01-Jan-2005 89~~12,~~250~~706.0046 ~~88,817.67~~Group 42 ~~0011086005~~- CAARM ~~71.05~~0011107808 ~~01-Feb-2005 337~~91,~~500~~082.0029 ~~337,500.00 4 0011088861 MD 90.00~~ 01-~~Feb~~Aug-2005 ~~488,520~~2 8.00125% ~~484~~2,~~163~~320.1361 4Group ~~0011093246~~2 NY- ~~70.00~~ARM ~~01-Feb-2005~~0011108596 ~~192~~64,~~500~~000.00 ~~191,468.39 4 0011098303 FL 94.94~~ 01-~~Feb~~Aug-2005 ~~166,150.00~~2 ~~165,902~~6.25575% ~~4 0011099219 CT 69.43 01-Mar-2005 545~~1,~~000~~296.00 ~~542,371.79~~Group 42 ~~0011102122~~- CAARM ~~90.00~~0011108680 ~~01-Feb-2005 603~~280,000.00 ~~603,000.~~01 ~~4 0011111416 IL 90.00 01~~-~~Mar~~May-2005 ~~382,500~~5 5.00500% ~~380~~8,~~587~~166.4562 4Group ~~0011111591~~2 AZ- ~~80.00~~ARM ~~01-Feb-2005~~0011110153 ~~200~~186,~~420~~251.0015 ~~199,076.02 4 0011111891 CA 80.00~~ 01-~~Feb~~Apr-2005 ~~456,000~~6 6.00990% ~~453~~8,~~702~~089.9990 4Group ~~0011113376~~2 MD- ~~80.00~~ARM ~~01-Mar-2005~~0011116004 ~~156~~340,~~000~~480.~~00 155,997.97 4 0011113609 CA~~ 90~~.00~~ 01-Mar-2005 ~~387,000~~7 5.00975% ~~384~~14,~~892~~052.6332 4Group ~~0011113732~~2 CA- ~~80.00~~ARM ~~01-Mar-2005~~0011117272 ~~488~~634,~~000~~073.0015 ~~488,000.00 4 0011114184 CA 90.00~~ 01-Mar-2005 ~~522,000~~7 6.00725% ~~518~~29,~~800~~734.4026 4Group ~~0011115351~~2 ~~VA 90.00 01~~-~~Mar-2005~~ ~~139,500.00~~ARM ~~138,776.41~~0011118489 ~~4 0011116058 VA 95.00 01-Mar-2005 211~~364,~~850~~542.0087 ~~211,850.00 4 0011117532 CA 69.65~~ 01-~~Mar~~Jun-2005 ~~296,000.00 294,818.36~~ 4 ~~0011119710 IL 80~~7.~~00 01-Mar-2005 408,~~000~~.00~~% ~~405~~11,~~937~~883.90 4Group ~~0011120905~~2 CA- ~~80.00~~ARM ~~01-Mar-2005~~0011121971 ~~488~~678,~~000~~654.0033 ~~484,313.78 4 0011121870 CA 73.00~~ 01-~~Mar~~Aug-2005 ~~186,150~~2 6.00500% ~~185~~13,~~249~~605.0243 4Group ~~0011122654~~2 CA- ~~80.00~~ARM ~~01-Mar-2005~~0011123044 ~~406~~424,~~400~~893.0031 ~~406,400.00 4 0011122749 FL 68.33~~ 01-~~Mar~~Apr-2005 ~~512,500~~6 8.00626% ~~510~~23,~~040~~082.6343 4Group ~~0011122996~~2 CA- ~~80.00~~ARM ~~01-Mar-2005~~0011131388 ~~440~~162,~~000~~619.0081 ~~436,692.27 4 0011123031 CA 85.00~~ 01-~~Mar~~Jun-2005 ~~195,500.00 194,746.73~~ 4 ~~0011123837 CA 80~~7.~~00 01-Mar-2005 420,~~000~~.00~~% ~~420~~5,~~000~~301.0009 4Group ~~0011125040~~2 FL- ~~75.00~~ARM ~~01-Mar-2005~~0011132589 ~~112~~464,~~500~~000.00 ~~111,866.48 4 0011127571 CA 95.00~~ 01-~~Mar~~Aug-2005 ~~199,500~~2 6.00075% ~~198~~8,~~211~~622.2668 4Group ~~0011128096~~2 AZ- ~~85.00~~ARM ~~01-Mar-2005~~0011132892 ~~120~~71,~~700~~900.0003 ~~119,938.45 4 0011129133 AZ 73.68~~ 01-~~Mar~~Jun-2005 ~~98,000.00 97,313.29~~ 4 ~~0011130545 CA 80~~9.00750% ~~01-Mar-2005 514~~3,~~400~~331.0016 ~~514,400.00~~Group 42 ~~0011131603~~- CAARM ~~78.69~~0011135569 ~~01-Mar-2005 240~~475,~~000~~881.0077 ~~239,149.38 4 0011132323 AZ 75.00~~ 01-~~Mar~~Jul-2005 ~~494,250~~3 6.00900% ~~492~~12,~~206~~723.3374

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Prepayment~~Summary ~~Loan~~12 ~~Detail~~Month -Bankruptcy ~~Prepayments~~History* ~~during~~New ~~Current~~Bankruptcy ~~Period~~Loans ~~(continued)~~Month ~~Current~~Bankruptcy ~~Loan~~Percentage ~~PIF~~Loans ~~Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0011076010 Loan Paid~~ in ~~Full~~Bankruptcy ~~(1)~~ 7~~.250%~~ ~~240~~Jan-05 ~~7 1 0011090807 Loan Paid in Full~~ 0 9.~~990~~000% ~~180~~Original 7Principal 1Balance ~~0011096043 Loan Paid in Full (1) 7~~923,000.~~500%~~00 ~~360~~Feb-05 ~~8 1 0011103257 Loan Paid in Full (1) 9~~0.~~750~~000% ~~180~~Current 6Principal 1Balance ~~0011108361 Loan Paid in Full (1) 10~~916,987.~~875%~~61 ~~180~~Mar-05 ~~7 1 0011109770 Loan Paid in Full (1) 10.625% 180 7 1 0011113377 Loan Paid in Full (1) 9.500% 180 6 1 0011114671 Loan Paid in Full~~ 0 6.~~390~~000% ~~360~~Apr-05 ~~6 1 0011114833 Loan Paid in Full~~ 0 9.~~500~~000% ~~180~~Current 6Bankruptcy 1Total ~~0011121773~~May-05 ~~Loan Paid in Full~~ 0 9.~~990~~000% ~~180~~Loans ~~6 1 0011129846 Loan Paid~~ in ~~Full~~Bankruptcy 021 ~~7.250%~~Jun-05 ~~360 6 2 0011060409 Loan Paid in Full~~ 0 7.~~924~~000% ~~360~~Original 6Principal 2Balance ~~0011065742 Loan Paid in Full (1) 7.300% 360 7~~ 2 ~~0011076607 Loan Paid in Full 1 7~~,777,110.~~375%~~00 ~~360~~Jul-05 ~~8 2 0011083400 Loan Paid in Full (1) 7~~0.~~875~~000% ~~360~~Current 7Principal 2Balance ~~0011083485 Loan Paid in Full (1) 7.575% 360 7~~ 2 ~~0011083491 Loan Paid in Full 0 7~~,752,830.~~275%~~58 ~~360~~Aug-05 ~~8 2 0011090806 Loan Paid in Full~~ 0 6.~~375~~000% ~~360~~Sep-05 ~~7 2 0011093256 Loan Paid in Full~~ 0 6.~~490~~000% ~~360~~Oct-05 ~~7 2 0011093481 Loan Paid in Full~~ 0 7.~~990~~000% ~~360~~Nov-05 ~~7 2 0011094578 Loan Paid in Full (1) 5.475% 360 7 2 0011095255 Loan Paid in Full~~ 0 6.~~990~~322% ~~360~~Dec-05 ~~6 2 0011102019 Loan Paid in Full~~ 0 5.~~950~~459% ~~360~~*The 6text 2reported ~~0011102836 Loan Paid~~ in ~~Full~~the 0above ~~5.250%~~table ~~360~~is 7presented 2graphically ~~0011103240~~on ~~Loan~~the ~~Paid~~monthly inbond ~~Full~~remittance ~~(1) 6~~report.~~875%~~ ~~360~~The 6monthly 2bond ~~0011103403~~remittance ~~Loan~~report ~~Paid~~can inbe ~~Full~~viewed ~~(1)~~online ~~6.575%~~at ~~360 7 2 0011105664 Loan Paid in Full (1) 5~~www.~~775% 360 6 2 0011107051 Loan Paid in Full 0 5~~ctslink.~~750%~~com. ~~360~~Group 61 2- ~~0011108145~~Fixed ~~Loan~~12 ~~Paid~~Month inBankruptcy ~~Full~~History* 1New ~~8.125%~~Bankruptcy ~~360~~Loans 7Month 2Bankruptcy ~~0011108290~~Percentage ~~Loan~~Loans ~~Paid~~ in ~~Full~~Bankruptcy 0 ~~7.750%~~Jan-05 ~~360 7 2 0011108861 Loan Paid in Full~~ 0 8.~~250~~000% ~~360~~Original 6Principal 2Balance ~~0011109066 Loan Paid in Full (1) 7~~0.~~375%~~00 ~~360~~Feb-05 ~~7 2 0011109516 Loan Paid in Full (2) 6~~0.~~825~~000% ~~360~~Current 7Principal 2Balance ~~0011109769 Loan Paid in Full (1) 6.490% 360 7 2 0011110626 Loan Paid in Full~~ 0 7.~~240%~~00 ~~360~~Mar-05 ~~7 2 0011110972 Loan Paid in Full (1) 6.600% 360 7 2 0011111210 Loan Paid in Full~~ 0 7.~~925~~000% ~~360~~Apr-05 ~~7 2 0011112724 Loan Paid in Full~~ 0 7.~~250~~000% ~~360~~Current 7Bankruptcy 2Total ~~0011113642~~May-05 ~~Loan Paid in Full~~ 0 7.~~750~~000% ~~360~~Loans ~~6 2 0011113926 Loan Paid~~ in ~~Full~~Bankruptcy (1) ~~6.500%~~Jun-05 ~~360 7 2 0011113990 Loan Paid in Full (1) 6~~0.~~250~~000% ~~360~~Original 6Principal 2Balance ~~0011114138 Loan Paid in Full (1) 6~~82,500.~~350%~~00 ~~360~~Jul-05 ~~7 2 0011114253 Loan Paid in Full (1) 7.990% 360 6 2 0011114255 Loan Paid in Full~~ 0 5.~~625~~000% ~~360~~Current 7Principal 2Balance ~~0011114831 Loan Paid in Full 0 6~~82,042.~~750%~~07 ~~360~~Aug-05 ~~6 2 0011114898 Loan Paid in Full (1) 7.526% 360 6 2 0011114979 Loan Paid in Full~~ 0 7.000% ~~360~~Sep-05 ~~6 2 0011115330 Loan Paid in Full~~ 0 7.~~990~~000% ~~360~~Oct-05 ~~7 2 0011115481 Loan Paid in Full~~ 0 8.~~375~~000% ~~360~~Nov-05 ~~6 2 0011116667 Loan Paid in Full~~ 0 5.~~125~~211% ~~360~~Dec-05 ~~7 2 0011116683 Loan Paid in Full~~ 0 6.~~750~~219% ~~360~~*The 6text 2reported ~~0011116929 Loan Paid~~ in ~~Full~~the ~~(1)~~above ~~7.750%~~table ~~360~~is 7presented 2graphically ~~0011118379~~on ~~Loan~~the ~~Paid~~monthly inbond ~~Full~~remittance ~~0 7~~report.~~625%~~ ~~360~~The 6monthly 2bond ~~0011118630~~remittance ~~Loan~~report ~~Paid~~can inbe ~~Full~~viewed ~~(1)~~online ~~5.500%~~at ~~360 6 2 0011119422 Loan Paid in Full (1) 5~~www.~~125%~~ctslink.com. ~~360~~Group ~~7 2 0011119574 Loan Paid in Full (~~1) ~~6.990%~~- ~~360~~ARM 612 2Month ~~0011121723~~Bankruptcy ~~Loan~~History* ~~Paid~~New inBankruptcy ~~Full~~Loans ~~(1)~~Month ~~8.875%~~Bankruptcy ~~360~~Percentage 6Loans ~~2 0011121794 Loan Paid~~ in ~~Full~~Bankruptcy ~~0 5.950% 360 6~~ 2 ~~0011122327~~Jan-05 ~~Loan Paid in Full~~ 0 6.~~250~~000% ~~360~~Original 6Principal 2Balance ~~0011122954 Loan Paid in Full 0 8~~539,200.~~875%~~00 ~~360~~Feb-05 ~~6 2 0011123369 Loan Paid in Full~~ 0 8.~~700~~000% ~~360~~Current 6Principal 2Balance ~~0011123561 Loan Paid in Full (1) 5~~536,790.~~750%~~74 ~~360~~Mar-05 ~~6 2 0011125340 Loan Paid in Full (1) 7~~0.~~535~~000% ~~360~~Apr-05 ~~6 2 0011125659 Loan Paid in Full~~ 0 5.~~750~~000% ~~360~~Current 6Bankruptcy 2Total ~~0011127516~~May-05 ~~Loan Paid in Full (1) 5.800% 360 6 2 0011127576 Loan Paid in Full~~ 0 5.~~375~~000% ~~360~~Loans ~~6 2 0011130529 Loan Paid~~ in ~~Full~~Bankruptcy ~~(1)~~ 6~~.990%~~ ~~360~~Jun-05 ~~6 2 0011132431 Loan Paid in Full (1) 6~~0.~~875~~000% ~~360~~Original 6Principal 2Balance ~~0011132520 Loan Paid in Full (~~1~~) 6~~,145,500.~~625%~~00 ~~360~~Jul-05 ~~6 2 0011133233 Loan Paid in Full (1) 6~~0.~~675~~000% ~~360~~Current 6Principal 2Balance ~~0011136031 Loan Paid in Full (~~1~~) 7~~,138,609.~~500%~~74 ~~360~~Aug-05 ~~6 3 0011076608 Loan Paid in Full 2 10~~0.~~875~~000% ~~180~~Sep-05 ~~8 3 0011083480 Loan Paid in Full (1) 11~~0.~~875~~000% ~~180~~Oct-05 ~~7 3 0011093259 Loan Paid in Full~~ 0 8.~~250~~000% ~~180~~Nov-05 ~~8 3 0011093646 Loan Paid in Full~~ 0 7.~~250~~271% ~~360~~Dec-05 ~~7 3 0011096911 Loan Paid in Full~~ 0 5.~~990~~450% ~~360~~*The 6text 3reported ~~0011103404 Loan Paid~~ in ~~Full~~the ~~(1)~~above ~~9.990%~~table ~~180~~is 7presented 3graphically ~~0011105528~~on ~~Loan~~the ~~Paid~~monthly inbond ~~Full~~remittance ~~(1) 10~~report.~~750%~~ ~~180~~The 7monthly 3bond ~~0011105666~~remittance ~~Loan~~report ~~Paid~~can inbe ~~Full~~viewed ~~(1)~~online ~~9.500%~~at ~~180 6 3 0011108294 Loan Paid in Full 0 10~~www.~~875% 180 7 3 0011109517 Loan Paid in Full (1) 10~~ctslink.~~500% 180 7 3 0011110627 Loan Paid in Full 0 11~~com.~~500%~~ ~~180~~Group 72 3- ~~0011111028~~Fixed ~~Loan~~12 ~~Paid~~Month inBankruptcy ~~Full~~History* ~~(1)~~New ~~9.500%~~Bankruptcy ~~180~~Loans 7Month 3Bankruptcy ~~0011111592~~Percentage ~~Loan~~Loans ~~Paid~~ in ~~Full~~Bankruptcy ~~(1)~~4 ~~9.990%~~Jan-05 ~~180 7 3 0011111778 Loan Paid in Full~~ 0 9.~~990~~000% ~~180~~Original 6Principal 3Balance ~~0011111902 Loan Paid in Full 0 10~~273,800.~~875%~~00 ~~180~~Feb-05 ~~7 3 0011112725 Loan Paid in Full~~ 0 10.~~875~~000% ~~180~~Current 7Principal 3Balance ~~0011113991 Loan Paid in Full (1) 9~~271,191.~~500%~~82 ~~180~~Mar-05 ~~6 3 0011114256 Loan Paid in Full~~ 0 8.~~500~~000% ~~180~~Apr-05 ~~7 3 0011114901 Loan Paid in Full (1) 11~~0.~~500~~000% ~~180~~Current 6Bankruptcy 3Total ~~0011115482~~May-05 ~~Loan Paid in Full~~ 0 10.~~875~~000% ~~180~~Loans ~~6 3 0011116067 Liquidation 4 9.990% 180 6 3 0011116289 Loan Paid~~ in ~~Full~~Bankruptcy ~~(1)~~ 10~~.250%~~ ~~180~~Jun-05 ~~6 3 0011116668 Loan Paid in Full~~ 0 8.~~450~~000% ~~180~~Original 7Principal 3Balance ~~0011119424 Loan Paid in Full (1) 8~~906,210.~~750%~~00 ~~180~~Jul-05 ~~7 3 0011120906 Loan Paid in Full (1) 10.500% 180 6 3 0011122328 Loan Paid in Full~~ 0 9.~~990~~000% ~~180~~Current 6Principal 3Balance ~~0011122508 Loan Paid in Full 0 6~~894,806.~~250%~~48 ~~360~~Aug-05 ~~6 3 0011122655 Loan Paid in Full (1) 9.990% 180 6 3 0011122751 Loan Paid in Full~~ 0 9.~~990~~000% ~~180~~Sep-05 ~~6 3 0011122997 Loan Paid in Full (1) 9.500% 180 6 3 0011123841 Loan Paid in Full~~ 0 8.~~250~~000% ~~180~~Oct-05 ~~6 3 0011123871 Loan Paid in Full~~ 0 10.~~875% 180 6 3 0011125341 Loan Paid in Full (1) 11.~~000% ~~180~~Nov-05 ~~6 3 0011127751 Loan Paid in Full~~ 0 9.~~990~~793% ~~180~~Dec-05 ~~6 3 0011128146 Loan Paid in Full (~~1~~) 9~~.~~500~~176% ~~180~~*The 6text 3reported ~~0011131227 Loan Paid~~ in ~~Full~~the 0above ~~10.875%~~table ~~180~~is 6presented 3graphically ~~0011132325~~on ~~Loan~~the ~~Paid~~monthly inbond ~~Full~~remittance ~~0 10~~report.~~490%~~ ~~180~~The 6monthly 3bond ~~0011132432~~remittance ~~Loan~~report ~~Paid~~can inbe ~~Full~~viewed ~~(1)~~online ~~9.500%~~at ~~180 6 3 0011134780 Liquidation 4 9~~www.~~875% 180 6 4 0011083146 Loan Paid in Full 0 8~~ctslink.~~625% 360 8 4 0011086005 Loan Paid in Full 0 5~~com.~~990%~~ ~~360~~Group ~~7 4 0011088861 Loan Paid in Full (1) 6.750% 360 7 4 0011093246 Loan Paid in Full 4 8.125% 360 7 4 0011098303 Loan Paid in Full (~~2) ~~8.375%~~- ~~360~~ARM 712 4Month ~~0011099219~~Bankruptcy ~~Loan~~History* ~~Paid~~New inBankruptcy ~~Full~~Loans ~~(1)~~Month ~~7.175%~~Bankruptcy ~~360~~Percentage 6Loans ~~4 0011102122 Loan Paid~~ in ~~Full~~Bankruptcy (1) ~~6.990%~~Jan-05 ~~360 7 4 0011111416 Loan Paid in Full~~ 0 6.~~990~~000% ~~360~~Original 6Principal 4Balance ~~0011111591 Loan Paid in Full (1) 6~~110,000.~~990%~~00 ~~360~~Feb-05 ~~7 4 0011111891 Loan Paid in Full~~ 0 7.~~750~~000% ~~360~~Current 7Principal 4Balance ~~0011113376 Loan Paid in Full (1) 6~~109,005.~~350%~~05 ~~360~~Mar-05 ~~6 4 0011113609 Loan Paid in Full (1) 6~~0.~~550~~000% ~~360~~Apr-05 ~~6 4 0011113732 Loan Paid in Full (1) 5~~0.~~851~~000% ~~360~~Current 6Bankruptcy 4Total ~~0011114184~~May-05 ~~Loan Paid in Full~~ 0 6.~~750~~000% ~~360~~Loans ~~6 4 0011115351 Loan Paid~~ in ~~Full~~Bankruptcy ~~(1) 6.240% 360 6~~ 4 ~~0011116058~~Jun-05 ~~Loan Paid in Full~~ 0 8.~~125~~000% ~~360~~Original 6Principal 4Balance ~~0011117532 Loan Paid in Full 0 8.~~642,900%.00 ~~360~~Jul-05 ~~6 4 0011119710 Loan Paid in Full~~ 0 6.~~935~~000% ~~360~~Current 6Principal 4Balance ~~0011120905 Loan Paid in Full (1) 4~~637,372.~~801%~~29 ~~360~~Aug-05 ~~6 4 0011121870 Loan Paid in Full (1) 7~~0.~~950~~000% ~~360~~Sep-05 ~~6 4 0011122654 Loan Paid in Full (1) 6~~0.~~375~~000% ~~360~~Oct-05 ~~6 4 0011122749 Loan Paid in Full~~ 0 7.~~200~~000% ~~360~~Nov-05 ~~6 4 0011122996 Loan Paid in Full (1) 5.676% 360 6 4 0011123031 Loan Paid in Full~~ 0 8.~~300~~244% ~~360~~Dec-05 ~~6 4 0011123837 Loan Paid in Full~~ 0 5.~~325~~274% ~~360~~*The 6text 4reported ~~0011125040 Loan Paid~~ in ~~Full~~the ~~(1)~~above ~~6.375%~~table ~~360~~is 6presented 4graphically ~~0011127571~~on ~~Loan~~the ~~Paid~~monthly inbond ~~Full~~remittance ~~(1) 6~~report.~~751%~~ ~~360~~The 6monthly 4bond ~~0011128096~~remittance ~~Loan~~report ~~Paid~~can inbe ~~Full~~viewed ~~(1)~~online ~~6.600%~~at ~~360 6 4 0011129133 Loan Paid in Full (1) 6~~www.~~050% 360 6 4 0011130545 Loan Paid in Full 0 5~~ctslink.~~950% 360 6 4 0011131603 Loan Paid in Full 1 9~~com.~~475% 360 6 4 0011132323 Loan Paid in Full 0 7.950% 360 6~~

~~Summary~~Bankruptcy ~~SMM~~Detail ~~CPR~~- ~~PSA~~All ~~Current~~Mortgage ~~Month~~Loans ~~4.086%~~in ~~Current~~Bankruptcy ~~Month~~during ~~39.382%~~ Current ~~Month~~Period ~~3,055.768%~~Group 3Loan Month ~~Average~~Loan ~~3.387%~~First 3State ~~Month~~LTV ~~Average~~at ~~33.755%~~Original 3Number ~~Month~~Entered ~~Average~~Payment ~~3,127.528%~~Origination 12Principal ~~Month~~Bankruptcy ~~Average~~Date ~~0.000%~~Balance 12Group ~~Month~~1 ~~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. Oct~~-~~2004~~ ~~N/A~~Fixed ~~N/A~~0011118312 ~~Oct-2004 N/A N/A~~ Nov-~~2004~~2005 ~~N/A N/A Nov~~01-~~2004 N/A N/A Dec~~Mar-~~2004 N/A N/A Dec-2004 N/A N/A Jan-~~2005 ~~N/A~~LA ~~N/A~~75.00 ~~Jan-2005~~82,500.00 ~~N/A~~Group ~~N/A~~1 ~~Feb~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011109891 ~~Feb~~Nov-2005 ~~N/A N/A Mar~~01-~~2005 N/A N/A~~ Mar-2005 ~~N/A~~VA ~~N/A~~80.00 ~~Apr-2005~~98,400.00 ~~N/A~~Group ~~N/A~~1 ~~Apr~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011117369 ~~May~~Nov-2005 ~~15.103% N/A May~~01-~~2005 3,087.764% N/A Jun~~Mar-2005 25NV 88.~~330%~~70 ~~N/A Jun-2005 3~~306,~~678~~000.~~251%~~00 ~~N/A~~Group ~~Jul-2005~~1 ~~30.998% N/A Jul~~-~~2005~~ ~~3,489.092%~~ARM ~~N/A~~0011120853 ~~Aug~~Dec-2005 ~~30.885% N/A Aug~~01-~~2005 2,837.724% N/A Sep~~Feb-2005 ~~39.382%~~CA ~~N/A Sep-2005 3,055~~80.~~768%~~00 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 2.241% Current Month 23.813% Current Month 1195,~~840~~200.~~915%~~00 3Group ~~Month Average~~ 1~~.966%~~ 3 Month Average 21.010% 3 Month Average 1,988.526% 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. Oct-~~2004~~ ~~N/A~~ARM ~~N/A~~0011123314 ~~Oct-2004 N/A N/A~~ Nov-~~2004~~2005 ~~N/A N/A Nov~~01-~~2004 N/A N/A Dec~~Mar-~~2004 N/A N/A Dec-2004 N/A N/A Jan-~~2005 ~~N/A~~TN ~~N/A~~85.00 ~~Jan-2005~~107,100.00 ~~N/A~~Group ~~N/A~~1 ~~Feb~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011127588 ~~Feb~~Dec-2005 ~~N/A N/A~~ 01-Mar-2005 ~~N/A~~TX ~~N/A~~80.00 ~~Mar-2005~~344,000.00 ~~N/A~~Group ~~N/A~~1 ~~Apr~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011132026 ~~Apr~~Nov-2005 ~~N/A N/A May~~01-Mar-2005 18TX 80.~~794%~~00 ~~N/A May-2005 3~~94,800.~~667%~~00 ~~N/A~~Group ~~Jun~~2 -~~2005~~ ~~22.240%~~Fixed ~~N/A~~0011074220 ~~Jun~~Nov-2005 ~~3,204.984% N/A Jul~~01-Feb-2005 26NY 90.~~323%~~00 ~~N/A Jul-2005 2~~80,~~945~~910.~~323%~~00 ~~N/A~~Group ~~Aug-2005~~2 ~~12.895% N/A Aug~~-~~2005~~ ~~1,179.340%~~Fixed ~~N/A~~0011083558 ~~Sep~~Nov-2005 ~~23.813% N/A Sep~~01-Jan-2005 ~~1,840.915%~~TX ~~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~~80.00 The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 4.692% Current Month 43.821% Current Month 384,~~392.291% 3 Month Average 3.683% 3 Month Average 35.990% 3 Month Average 3,288.455% 12 Month Average 0.~~000~~% 12 Month Average 0~~.~~000%~~00 12Group ~~Month~~2 ~~Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Oct~~-~~2004~~ ~~N/A~~Fixed ~~N/A~~0011098810 ~~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~~01-~~2005 N/A N/A~~ Feb-2005 ~~N/A~~PA ~~N/A~~80.00 ~~Feb-2005~~340,000.00 ~~N/A~~Group ~~N/A~~2 ~~Mar~~-~~2005~~ ~~N/A~~Fixed ~~N/A~~0011103495 ~~Mar~~Dec-2005 ~~N/A N/A Apr~~01-~~2005 N/A N/A Apr~~Feb-2005 ~~N/A~~PA ~~N/A May-2005 12~~20.~~566%~~00 ~~N/A May-2005 2~~85,~~544~~000.~~305%~~00 ~~N/A~~Group ~~Jun~~2 -~~2005~~ ~~27.422%~~Fixed ~~N/A~~0011110897 ~~Jun~~Nov-2005 ~~3,959.539% N/A Jul~~01-Mar-2005 29VA 20.~~265%~~00 ~~N/A Jul-2005 3~~24,~~279~~600.~~076%~~00 ~~N/A~~Group ~~Aug-2005~~2 ~~34.884% N/A Aug~~-~~2005~~ ~~3,193.997%~~Fixed ~~N/A~~0011117546 ~~Sep~~Nov-2005 ~~43.821% N/A Sep~~01-Feb-2005 ~~3,392.291%~~CA ~~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~~15.00 The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 3 SMM CPR PSA Current Month 4.037% Current Month 39.015% Current Month 379,~~024~~200.~~577%~~00 3Group ~~Month Average 3.103% 3 Month Average 31.267% 3 Month Average~~ 2~~,889.120%~~ ~~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. Oct~~-~~2004~~ ~~N/A~~Fixed ~~N/A~~0011120854 ~~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~~01-~~2005 N/A N/A~~ Feb-2005 ~~N/A~~CA ~~N/A~~20.00 ~~Feb-2005~~48,800.00 ~~N/A~~Group ~~N/A~~2 ~~Mar~~-~~2005~~ ~~N/A~~Fixed ~~N/A~~0011128084 ~~Mar~~Dec-2005 ~~N/A N/A Apr~~01-~~2005 N/A N/A Apr~~Mar-2005 ~~N/A~~TX ~~N/A May-2005 9~~20.~~573%~~00 ~~N/A May-2005 1~~86,~~954~~000.~~770%~~00 ~~N/A~~Group ~~Jun-2005 18.687% N/A Jun-2005~~ 2~~,710.211%~~ ~~N/A Jul~~-~~2005~~ ~~29.684%~~Fixed ~~N/A~~0011131092 ~~Jul~~Dec-2005 ~~3,338.416% N/A Aug~~01-~~2005 25.104% N/A Aug~~Mar-2005 ~~2,304.366%~~LA ~~N/A Sep-2005 39~~90.~~015%~~00 ~~N/A Sep-2005 3~~54,~~024~~000.~~577%~~00 ~~N/A~~Group *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 3.741% Current Month 36.719% Current Month 2~~,858.603%~~ 3 Month Average 3.378% 3 Month Average 33.754% 3 Month Average 3,174.947% 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. Oct-~~2004~~ ~~N/A~~Fixed ~~N/A~~0011132032 ~~Oct-2004 N/A N/A~~ Nov-~~2004~~2005 ~~N/A N/A Nov~~01-~~2004 N/A N/A Dec~~Mar-~~2004 N/A N/A Dec-2004 N/A N/A Jan-~~2005 ~~N/A~~TX ~~N/A~~20.00 ~~Jan-2005~~23,700.00 ~~N/A~~Group ~~N/A~~2 ~~Feb~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011092837 ~~Feb~~Dec-2005 ~~N/A N/A Mar~~01-~~2005 N/A N/A~~ Mar-2005 ~~N/A~~TX ~~N/A~~79.71 ~~Apr-2005~~110,000.00 ~~N/A~~Group ~~N/A~~2 ~~Apr~~-~~2005~~ ~~N/A~~ARM ~~N/A~~0011117541 ~~May~~Nov-2005 ~~18.781% N/A May~~01-~~2005 3,887.551% N/A Jun~~Feb-2005 25CA 80.~~537%~~00 ~~N/A Jun-2005 3~~422,~~736~~400.~~604%~~00 ~~N/A~~Group ~~Jul-2005~~2 ~~33.841% N/A Jul~~-~~2005~~ ~~3,831.991%~~ARM ~~N/A~~0011124879 ~~Aug~~Nov-2005 ~~30.701% N/A Aug~~01-~~2005 2,834.249% N/A Sep~~Mar-2005 36TN 85.~~719%~~00 ~~N/A Sep-2005 2~~51,~~858~~000.~~603%~~00 ~~N/A~~Group *The2 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~~ARM ~~Principal)~~0011133012 ~~Conditional PrePayment Rate (CPR): 1~~ Nov-2005 ~~((1~~ 01-Mar-2005 ~~SMM)^12)~~MO ~~PSA Standard Prepayment Model: 100 * CPR / (0~~85.200 * MIN(3059,~~WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))~~500.00

~~Realized~~Bankruptcy ~~Loss~~ Detail ~~Report~~ - All Mortgage Loans ~~with~~in ~~Losses~~Bankruptcy during Current Period ~~Summary~~(continued) #Group ~~Loans~~Loan ~~Prior~~Current ~~Realized~~Paid To Months Current ~~with~~Approximate Number Principal ~~Loss/(Gain)~~Date ~~Loss~~Delinquent ~~Group~~Loan ~~Losses~~Rate Delinquent Balance ~~Amount~~Interest ~~Percentage~~Group 1 0- 0Fixed 0011118312 82,042.07 01-Sep-2005 1 9.300% 1,806.93 Group 1 - ARM 0011109891 97,603.43 01-Apr-2005 6 7.200% 4,375.84 Group 1 - ARM 0011117369 303,709.58 01-Jul-2005 3 7.600% 9,005.49 Group 1 - ARM 0011120853 192,790.74 01-Apr-2005 6 5.490% 6,446.71 Group 1 - ARM 0011123314 106,362.82 01-May-2005 5 8.025% 4,682.52 Group 1 - ARM 0011127588 344,000.00 001-Jun-2005 4 5.675% 8,901.00 Group 1 - ARM 0011132026 94,143.17 01-Nov-2005 0 7.~~000~~990% 1,176.49 Group 2 0- 0Fixed 0011074220 80,477.0051 001-Jul-2005 3 9.00750% 03,106.~~000~~41 Group 2 - Fixed 0011083558 79,753.93 01-May-2005 5 7.990% 3,532.92 Group 2 ~~182~~- Fixed 0011098810 336,~~675~~413.4313 ~~194~~01-Apr-2005 6 6.500% 13,~~255~~514.30 Group 2 - Fixed 0011103495 84,496.21 01-Apr-2005 6 9.250% 4,941.21 Group 2 - Fixed 0011110897 24,506.06 01-Apr-2005 6 10.875% 1,697.99 Group 2 - Fixed 0011117546 78,865.92 01-Nov-2005 0 10.~~226~~875% 1,364.55 Group 2 - Fixed 0011120854 48,571.13 01-Apr-2005 6 10.375% 3,203.92 Group 2 - Fixed 0011128084 85,604.10 01-Jun-2005 4 09.990% 04,068.0065 Group 2 - Fixed 0011131092 52,520.38 01-Dec-2005 (1) 8.990% 372.66 Group 2 - Fixed 0011132032 23,598.11 01-Nov-2005 0 9.00875% 368.95 Group 2 - ARM 0011092837 109,005.05 01-Nov-2005 0 6.~~000~~625% ~~Total~~1,114.32 Group 2 ~~182~~- ARM 0011117541 418,~~675~~382.4369 ~~194~~01-May-2005 5 6.875% 15,~~255~~613.0689 Group 2 - ARM 0011124879 50,699.84 01-May-2005 5 8.800% 2,460.65 Group 2 - ARM 0011133012 59,284.71 01-Oct-2005 0 11.~~029~~125% 1,050.43

Realized Loss ~~Loan~~ Detail Report - Loans ~~With~~with Losses during Current Period ~~Original~~Summary # Loans Prior Realized Current ~~Loan~~with Principal ~~Note~~Loss/(Gain) ~~LTV~~Loss atGroup ~~Original~~Losses Balance Amount Percentage Group ~~Number~~1 ~~Balance~~- ~~Rate~~Fixed ~~State~~0 ~~Origination~~0.00 ~~Term~~0.00 30.000% ~~0011116067~~Group ~~106,600~~1 - ARM 0 0.00 90.~~9900~~00 0.000% TXGroup 202 - Fixed 0 0.00 ~~180~~0.00 30.000% ~~0011134780~~Group 762 - ARM 1 471,~~578~~086.0044 9(244.~~8750~~44) 0.000% TXTotal 201 471,086.0044 ~~180~~(244.44) 0.000%

Realized Loss Loan Detail Report - Loans With Losses during Current Period ~~(continued)~~Original ~~Prior~~Current ~~Cumulative~~ Loan Principal ~~Realized~~Note ~~Realized~~LTV at Original Group Number Balance ~~Loss/(Gain)~~Rate ~~Loss/(Gain)~~State 3Origination ~~0011116067~~Term ~~106,310.49~~Group ~~113,053.06~~2 ~~113,053.06~~- 3ARM ~~0011134780~~0011119531 76474,~~364~~400.9400 ~~81,202~~7.00400% ~~81,202~~CA 80.00 360

MDR SDA Current Month 0.026% Current Month 2.399% 3 Month Average 0.009% 3 Month Average 0.800% 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.026% N/A Sep-2005 2.399% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.309% Current Month 106.339% 3 Month Average 0.103% 3 Month Average 35.446% 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.309% N/A Sep-2005 106.339% 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 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 3 MDR SDA Current Month 0.204% Current Month 18.774% 3 Month Average 0.068% 3 Month Average 6.258% 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.204% N/A Sep-2005 18.774% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 2.422% Current Month 106.339% 3 Month Average 0.807% 3 Month Average 35.446% 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 2.422% N/A Sep-2005 106.339% 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 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. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Prepayment - Voluntary Prepayments

Filing Compare · Asset Backed Pass-Through Certificates, Series 2005-HE3