10-D 1 ace06as1_10d-200605.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from: April 26, 2006 to May 25, 2006 Commission File Number of issuing entity: 333-123741-13 ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-123741 Ace Securities Corporation (Exact name of depositor as specified in its charter) DB Structured Products, Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2191542 54-2191543 54-2191544 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices of the issuing entity) (Zip Code) (410) 884-2000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) A-1 _____ _____ __X___ ____________ A-2A _____ _____ __X___ ____________ A-2B _____ _____ __X___ ____________ A-2C _____ _____ __X___ ____________ A-2D _____ _____ __X___ ____________ CE _____ _____ __X___ ____________ M1 _____ _____ __X___ ____________ M10 _____ _____ __X___ ____________ M11 _____ _____ __X___ ____________ M2 _____ _____ __X___ ____________ M3 _____ _____ __X___ ____________ M4 _____ _____ __X___ ____________ M5 _____ _____ __X___ ____________ M6 _____ _____ __X___ ____________ M7 _____ _____ __X___ ____________ M8 _____ _____ __X___ ____________ M9 _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __X___ ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On May 25, 2006 a distribution was made to holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1. The distribution report is attached as an Exhibit to this Form 10-D. Please see Item 9(b), Exhibit 99.1 for the related information. Part II - OTHER INFORMATION Item 9. Exhibits. (a) The following is a list of documents filed as part of this Report on Form 10-D: (99.1) Monthly report distributed to holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1, relating to the May 25, 2006 distribution. (b) The exhibits required to be filed by Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES 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 thereunto duly authorized. ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1 (Issuing Entity) Wells Fargo Bank, N.A. Master Servicer /s/ Beth Belfield Beth Belfield, Officer Date: May 31,2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1, relating to the May 25, 2006 distribution. EX-99.1 ACE Securities Corporation Asset Backed Pass-Through Certificates Distribution Date: 5/25/2006 ACE Securities Corporation Asset Backed Pass-Through Certificates Series 2006-ASAP1 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 Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance A-1 004421VS9 5.~~05813~~19938% ~~196~~190,~~141~~235,~~428~~812.5185 ~~799~~824,~~198~~256.7990 A-2A 004421VT7 45.~~88813~~02938% 9896,~~836~~056,~~448~~417.4807 ~~389~~402,~~184~~586.3685 A-2B 004421VU4 45.~~96813~~10938% 36,409,000.00 ~~145~~155,~~712~~022.6385 A-2C 004421VV2 5.~~01813~~15938% 23,135,000.00 9399,~~520~~468.5255 A-2D 004421VW0 5.~~12813~~26938% 24,866,000.00 ~~102~~109,~~721~~190.2934 M1 004421VX8 5.~~22813~~36938% 17,261,000.00 7277,~~695~~234.5506 M2 004421VY6 5.~~23813~~37938% 16,028,000.00 6771,~~631~~850.8259 M3 004421VZ3 5.~~25813~~39938% 11,096,000.00 4649,~~999~~926.5027 M4 004421WA7 5.~~38813~~52938% 7,891,000.00 3436,~~250~~360.4028 M5 004421WB5 5.~~43813~~57938% 7,891,000.00 3436,~~568~~689.2307 M6 004421WC3 5.~~51813~~65938% 6,658,000.00 2931,~~595~~400.8813 M7 004421WD1 5.~~71813~~85938% 9,863,000.00 4548,~~431~~159.6522 M8 004421WE9 6.~~21813~~35938% 9,370,000.00 4649,~~934~~656.7916 M9 004421WF6 6.~~66813~~80938% 3,945,000.00 2122,~~190~~385.7684 M10 004421WG4 7.~~46813~~60938% 3,206,000.00 1920,~~287~~329.2873 M11 004421WH2 6.~~81813~~95938% 3,945,000.00 2122,~~667~~878.4596 CE 004421CE 0.00000% 7,398,720.66 ~~532~~514,~~657~~498.6945 R 004421R 0.00000% 0.00 0.00 P 004421P 0.00000% 100.00 ~~127~~155,~~537~~157.7163 Totals ~~483~~475,~~940~~255,~~697~~050.6558 2,~~630~~727,~~786~~051.3088

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 54,~~905~~740,~~615~~677.6683 0.00 ~~190~~185,~~235~~495,~~812~~135.8502 65,~~704~~564,~~814~~934.4573 0.00 A-2A 24,~~780~~397,~~031~~505.4135 0.00 9691,~~056~~658,~~417~~911.0772 34,~~169~~800,~~215~~092.7720 0.00 A-2B 0.00 0.00 36,409,000.00 ~~145~~155,~~712~~022.6385 0.00 A-2C 0.00 0.00 23,135,000.00 9399,~~520~~468.5255 0.00 A-2D 0.00 0.00 24,866,000.00 ~~102~~109,~~721~~190.2934 0.00 M1 0.00 0.00 17,261,000.00 7277,~~695~~234.5506 0.00 M2 0.00 0.00 16,028,000.00 6771,~~631~~850.8259 0.00 M3 0.00 0.00 11,096,000.00 4649,~~999~~926.5027 0.00 M4 0.00 0.00 7,891,000.00 3436,~~250~~360.4028 0.00 M5 0.00 0.00 7,891,000.00 3436,~~568~~689.2307 0.00 M6 0.00 0.00 6,658,000.00 2931,~~595~~400.8813 0.00 M7 0.00 0.00 9,863,000.00 4548,~~431~~159.6522 0.00 M8 0.00 0.00 9,370,000.00 4649,~~934~~656.7916 0.00 M9 0.00 0.00 3,945,000.00 2122,~~190~~385.7684 0.00 M10 0.00 0.00 3,206,000.00 1920,~~287~~329.2873 0.00 M11 0.00 0.00 3,945,000.00 2122,~~667~~878.4596 0.00 CE 0.00 0.00 7,398,720.66 ~~532~~514,~~657~~498.6945 0.00 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 100.00 ~~127~~155,~~537~~157.7163 0.00 Totals 89,~~685~~138,~~647~~183.0718 0.00 ~~475~~466,~~255~~116,~~050~~867.5840 11,~~316~~865,~~433~~235.3706 0.00 As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral information based on loan level data received from external parties, which may include the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished to it by those third parties.

Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution A-1 200,510,000.00 ~~196~~190,~~141~~235,~~428~~812.5185 0.00 54,~~905~~740,~~615~~677.6683 0.00 0.00 A-2A 103,698,000.00 9896,~~836~~056,~~448~~417.4807 0.00 24,~~780~~397,~~031~~505.4135 0.00 0.00 A-2B 36,409,000.00 36,409,000.00 0.00 0.00 0.00 0.00 A-2C 23,135,000.00 23,135,000.00 0.00 0.00 0.00 0.00 A-2D 24,866,000.00 24,866,000.00 0.00 0.00 0.00 0.00 M1 17,261,000.00 17,261,000.00 0.00 0.00 0.00 0.00 M2 16,028,000.00 16,028,000.00 0.00 0.00 0.00 0.00 M3 11,096,000.00 11,096,000.00 0.00 0.00 0.00 0.00 M4 7,891,000.00 7,891,000.00 0.00 0.00 0.00 0.00 M5 7,891,000.00 7,891,000.00 0.00 0.00 0.00 0.00 M6 6,658,000.00 6,658,000.00 0.00 0.00 0.00 0.00 M7 9,863,000.00 9,863,000.00 0.00 0.00 0.00 0.00 M8 9,370,000.00 9,370,000.00 0.00 0.00 0.00 0.00 M9 3,945,000.00 3,945,000.00 0.00 0.00 0.00 0.00 M10 3,206,000.00 3,206,000.00 0.00 0.00 0.00 0.00 M11 3,945,000.00 3,945,000.00 0.00 0.00 0.00 0.00 CE 7,398,721.00 7,398,720.66 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 493,170,821.00 ~~483~~475,~~940~~255,~~697~~050.6558 0.00 89,~~685~~138,~~647~~183.0718 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 54,~~905~~740,~~615~~677.6683 ~~190~~185,~~235~~495,~~812~~135.8502 0.~~94875973~~92511663 54,~~905~~740,~~615~~677.6683 A-2A 24,~~780~~397,~~031~~505.4135 9691,~~056~~658,~~417~~911.0772 0.~~92630925~~88390241 24,~~780~~397,~~031~~505.4135 A-2B 0.00 36,409,000.00 1.00000000 0.00 A-2C 0.00 23,135,000.00 1.00000000 0.00 A-2D 0.00 24,866,000.00 1.00000000 0.00 M1 0.00 17,261,000.00 1.00000000 0.00 M2 0.00 16,028,000.00 1.00000000 0.00 M3 0.00 11,096,000.00 1.00000000 0.00 M4 0.00 7,891,000.00 1.00000000 0.00 M5 0.00 7,891,000.00 1.00000000 0.00 M6 0.00 6,658,000.00 1.00000000 0.00 M7 0.00 9,863,000.00 1.00000000 0.00 M8 0.00 9,370,000.00 1.00000000 0.00 M9 0.00 3,945,000.00 1.00000000 0.00 M10 0.00 3,206,000.00 1.00000000 0.00 M11 0.00 3,945,000.00 1.00000000 0.00 CE 0.00 7,398,720.66 0.99999995 0.00 R 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 89,~~685~~138,~~647~~183.0718 ~~475~~466,~~255~~116,~~050~~867.5840 0.~~96367228~~94514283 89,~~685~~138,~~647~~183.0718

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 200,510,000.00 ~~978~~948.~~21270016~~75972695 0.00000000 2923.~~45297322~~64309925 0.00000000 A-2A 103,698,000.00 ~~953~~926.~~11817470~~30925447 0.00000000 2642.~~80892023~~40684825 0.00000000 A-2B 36,409,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 23,135,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2D 24,866,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 17,261,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 16,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 11,096,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 7,891,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 7,891,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 6,658,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 9,863,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 9,370,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 3,945,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M10 3,206,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M11 3,945,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 7,398,721.00 999.99995405 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 0.00000000 2923.~~45297322~~64309925 ~~948~~925.~~75972695~~11662770 0.~~94875973~~92511663 2923.~~45297322~~64309925 A-2A 0.00000000 2642.~~80892023~~40684825 ~~926~~883.~~30925447~~90240622 0.~~92630925~~88390241 2642.~~80892023~~40684825 A-2B 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-2D 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M10 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M11 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 999.99995405 0.99999995 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 NOTE: All classes per $1,000 denomination

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance A-1 0304/2725/06 - 0405/24/06 2930 5.~~05813~~19938% ~~196~~190,~~141~~235,~~428~~812.5185 ~~799~~824,~~198~~256.7990 0.00 A-2A 0304/2725/06 - 0405/24/06 2930 45.~~88813~~02938% 9896,~~836~~056,~~448~~417.4807 ~~389~~402,~~184~~586.3685 0.00 A-2B 0304/2725/06 - 0405/24/06 2930 45.~~96813~~10938% 36,409,000.00 ~~145~~155,~~712~~022.6385 0.00 A-2C 0304/2725/06 - 0405/24/06 2930 5.~~01813~~15938% 23,135,000.00 9399,~~520~~468.5255 0.00 A-2D 0304/2725/06 - 0405/24/06 2930 5.~~12813~~26938% 24,866,000.00 ~~102~~109,~~721~~190.2934 0.00 M1 0304/2725/06 - 0405/24/06 2930 5.~~22813~~36938% 17,261,000.00 7277,~~695~~234.5506 0.00 M2 0304/2725/06 - 0405/24/06 2930 5.~~23813~~37938% 16,028,000.00 6771,~~631~~850.8259 0.00 M3 0304/2725/06 - 0405/24/06 2930 5.~~25813~~39938% 11,096,000.00 4649,~~999~~926.5027 0.00 M4 0304/2725/06 - 0405/24/06 2930 5.~~38813~~52938% 7,891,000.00 3436,~~250~~360.4028 0.00 M5 0304/2725/06 - 0405/24/06 2930 5.~~43813~~57938% 7,891,000.00 3436,~~568~~689.2307 0.00 M6 0304/2725/06 - 0405/24/06 2930 5.~~51813~~65938% 6,658,000.00 2931,~~595~~400.8813 0.00 M7 0304/2725/06 - 0405/24/06 2930 5.~~71813~~85938% 9,863,000.00 4548,~~431~~159.6522 0.00 M8 0304/2725/06 - 0405/24/06 2930 6.~~21813~~35938% 9,370,000.00 4649,~~934~~656.7916 0668.0090 M9 0304/2725/06 - 0405/24/06 2930 6.~~66813~~80938% 3,945,000.00 2122,~~190~~385.7684 ~~315~~1,761.9800 M10 0304/2725/06 - 0405/24/06 2930 7.~~46813~~60938% 3,206,000.00 1920,~~287~~329.2873 23,~~322~~568.8845 M11 0304/2725/06 - 0405/24/06 2930 6.~~81813~~95938% 3,945,000.00 2122,~~667~~878.4596 ~~792~~2,254.6712 CE N/A N/A 0.00000% ~~483~~475,~~940~~255,~~697~~050.6558 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 12,~~970~~057,~~590~~395.9080 38,~~431~~252.5347

Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A-1 0.00 0.00 ~~799~~824,~~198~~256.7990 0.00 ~~190~~185,~~235~~495,~~812~~135.8502 A-2A 0.00 0.00 ~~389~~402,~~184~~586.3685 0.00 9691,~~056~~658,~~417~~911.0772 A-2B 0.00 0.00 ~~145~~155,~~712~~022.6385 0.00 36,409,000.00 A-2C 0.00 0.00 9399,~~520~~468.5255 0.00 23,135,000.00 A-2D 0.00 0.00 ~~102~~109,~~721~~190.2934 0.00 24,866,000.00 M1 0.00 0.00 7277,~~695~~234.5506 0.00 17,261,000.00 M2 0.00 0.00 6771,~~631~~850.8259 0.00 16,028,000.00 M3 0.00 0.00 4649,~~999~~926.5027 0.00 11,096,000.00 M4 0.00 0.00 3436,~~250~~360.4028 0.00 7,891,000.00 M5 0.00 0.00 3436,~~568~~689.2307 0.00 7,891,000.00 M6 0.00 0.00 2931,~~595~~400.8813 0.00 6,658,000.00 M7 0.00 0.00 4548,~~431~~159.6522 0.00 9,863,000.00 M8 0668.0090 0.00 4649,~~934~~656.7916 0.00 9,370,000.00 M9 ~~315~~1,761.9800 0.00 2122,~~190~~385.7684 0.00 3,945,000.00 M10 23,~~322~~568.8845 0.00 1920,~~287~~329.2873 0.00 3,206,000.00 M11 ~~792~~2,254.6712 0.00 2122,~~667~~878.4596 0.00 3,945,000.00 CE 0.00 0.00 ~~532~~514,~~657~~498.6945 0.00 ~~475~~466,~~255~~116,~~050~~867.5840 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 ~~127~~155,~~537~~157.7163 0.00 100.00 Totals 38,~~431~~252.5347 0.00 2,~~630~~727,~~786~~051.3088 0.00 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.

Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance A-1 200,510,000.00 5.~~05813~~19938% ~~978~~948.~~21270016~~75972695 34.~~98583008~~11080196 0.00000000 A-2A 103,698,000.00 45.~~88813~~02938% ~~953~~926.~~11817470~~30925447 3.~~75305560~~88230101 0.00000000 A-2B 36,409,000.00 45.~~96813~~10938% 1000.00000000 4.~~00210470~~25781675 0.00000000 A-2C 23,135,000.00 5.~~01813~~15938% 1000.00000000 4.~~04238254~~29948347 0.00000000 A-2D 24,866,000.00 5.~~12813~~26938% 1000.00000000 4.~~13099373~~39115016 0.00000000 M1 17,261,000.00 5.~~22813~~36938% 1000.00000000 4.~~21154916~~47448352 0.00000000 M2 16,028,000.00 5.~~23813~~37938% 1000.00000000 4.~~21960444~~48281695 0.00000000 M3 11,096,000.00 5.~~25813~~39938% 1000.00000000 4.~~23571557~~49948360 0.00000000 M4 7,891,000.00 5.~~38813~~52938% 1000.00000000 4.~~34043847~~60781650 0.00000000 M5 7,891,000.00 5.~~43813~~57938% 1000.00000000 4.~~38071601~~64948296 0.00000000 M6 6,658,000.00 5.~~51813~~65938% 1000.00000000 4.~~44516071~~71615050 0.00000000 M7 9,863,000.00 5.~~71813~~85938% 1000.00000000 4.~~60627091~~88281659 0.00000000 M8 9,370,000.00 6.~~21813~~35938% 1000.00000000 5.~~00904909~~29948346 0.~~00000000~~07138741 M9 3,945,000.00 6.~~66813~~80938% 1000.00000000 5.~~37154880~~67448416 0.~~08009632~~44638783 M10 3,206,000.00 7.~~46813~~60938% 1000.00000000 6.~~01599501~~34115097 01.~~72454148~~11305365 M11 3,945,000.00 6.~~81813~~95938% 1000.00000000 5.~~49238276~~79948289 0.~~20093029~~57138657 CE 7,398,721.00 0.00000% ~~65408~~64234.~~69667203~~75768042 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A-1 0.00000000 0.00000000 34.~~98583008~~11080196 0.00000000 ~~948~~925.~~75972695~~11662770 A-2A 0.00000000 0.00000000 3.~~75305560~~88230101 0.00000000 ~~926~~883.~~30925447~~90240622 A-2B 0.00000000 0.00000000 4.~~00210470~~25781675 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 4.~~04238254~~29948347 0.00000000 1000.00000000 A-2D 0.00000000 0.00000000 4.~~13099373~~39115016 0.00000000 1000.00000000 M1 0.00000000 0.00000000 4.~~21154916~~47448352 0.00000000 1000.00000000 M2 0.00000000 0.00000000 4.~~21960444~~48281695 0.00000000 1000.00000000 M3 0.00000000 0.00000000 4.~~23571557~~49948360 0.00000000 1000.00000000 M4 0.00000000 0.00000000 4.~~34043847~~60781650 0.00000000 1000.00000000 M5 0.00000000 0.00000000 4.~~38071601~~64948296 0.00000000 1000.00000000 M6 0.00000000 0.00000000 4.~~44516071~~71615050 0.00000000 1000.00000000 M7 0.00000000 0.00000000 4.~~60627091~~88281659 0.00000000 1000.00000000 M8 0.~~00000000~~07138741 0.00000000 5.~~00904909~~29948346 0.00000000 1000.00000000 M9 0.~~08009632~~44638783 0.00000000 5.~~37154880~~67448416 0.00000000 1000.00000000 M10 01.~~72454148~~11305365 0.00000000 6.~~01599501~~34115097 0.00000000 1000.00000000 M11 0.~~20093029~~57138657 0.00000000 5.~~49238276~~79948289 0.00000000 1000.00000000 CE 0.00000000 0.00000000 7169.~~99321207~~53883651 0.00000000 ~~64234~~62999.~~75768042~~65458895 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~1275377~~1551576.~~10000000~~30000000 0.00000000 1000.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All classes per $1,000 denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 11,~~521~~815,~~330~~404.6321 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances ~~162~~178,~~230~~047.7147 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~127~~155,~~537~~157.7163 Swap/Cap Payments 088,166.0070 Total Deposits 1112,~~811~~236,~~099~~776.0501 Withdrawals Swap Payments ~~28,577~~0.8600 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances ~~252~~162,~~952~~230.2671 Total Administration Fees ~~213~~209,~~135~~310.5624 Payment of Interest and Principal 11,~~316~~865,~~433~~235.3706 Total Withdrawals (Pool Distribution Amount) 1112,~~811~~236,~~099~~776.0501 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~201~~198,~~641~~022.9693 Credit Risk Manager Fee - Clayton Fixed Income Services 65,~~049~~940.2769 Master Servicing Fee - Wells Fargo Bank, N.A. 5,~~444~~346.3362 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~213~~209,~~135~~310.5624 *Servicer Payees include: SAXON MORTGAGE SERVICES

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Reserve Fund 0.00 38,~~431~~252.5247 38,~~431~~252.5247 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Swap Account - Deutsche Bank AG NY 1,~~836~~906,~~541~~234.6581 1,~~865~~818,~~119~~068.5111 ~~(28~~88,~~577~~166.~~86) Bank AG NY~~70

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.~~806521~~797890% Weighted Average Net Coupon 6.~~306521~~297890% Weighted Average Pass-Through Rate 6.~~278021~~269390% Weighted Average Remaining Term ~~345~~344 Beginning Scheduled Collateral Loan Count 2,~~964~~914 Number Of Loans Paid In Full 5049 Ending Scheduled Collateral Loan Count 2,~~914~~865 Beginning Scheduled Collateral Balance ~~483~~475,~~940~~255,~~697~~050.6558 Ending Scheduled Collateral Balance ~~475~~466,~~255~~116,~~050~~867.5840 Ending Actual Collateral Balance at 3130-~~Mar~~Apr-2006 ~~475~~466,~~293~~162,~~241~~657.2064 Monthly P&I Constant 2,~~880~~826,~~866~~127.3823 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~127~~155,~~537~~157.7163 Prepayment Penalty Paid Count 2632 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~135~~133,~~905~~850.8894 Unscheduled Principal 89,~~549~~004,~~741~~332.1924

Group Level Collateral Statement Group Gr. 1 - Sub Gr. 1 Gr. 1 - Sub Gr. 2 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~899453~~892904 6.~~896279~~882914 Weighted Average Net Rate 8.~~399453~~392904 6.~~396279~~382914 Pass-Through Rate 8.~~370953~~364404 6.~~367779~~354414 Weighted Average Remaining Term ~~253~~252 ~~354~~353 Record Date 0304/3130/2006 0304/3130/2006 Principal And Interest Constant ~~164~~163,~~947~~059.4913 1,~~396~~360,~~539~~298.3456 Beginning Loan Count ~~423~~417 1,~~533~~501 Loans Paid in Full 67 3226 Ending Loan Count ~~417~~410 1,~~501~~475 Beginning Scheduled Balance 20,~~356~~118,~~602~~571.2208 ~~229~~224,~~730~~062,~~187~~831.1895 Ending Scheduled Balance 2019,~~118~~830,~~571~~950.0877 ~~224~~219,~~062~~610,~~831~~005.9533 Scheduled Principal 13,~~978~~965.6436 7675,~~303~~127.2055 Unscheduled Principal ~~224~~273,~~052~~654.5095 54,~~591~~377,~~052~~699.0307 Scheduled Interest ~~150~~149,~~968~~093.8577 1,~~320~~285,~~236~~171.1401 Servicing Fees 8,~~481~~382.9274 9593,~~720~~359.9151 Master Servicing Fees ~~229~~226.0133 2,~~584~~520.4671 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~254~~251.4648 2,~~871~~800.6379 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 ~~142~~140,~~003~~233.4622 1,~~219~~186,~~059~~490.1400 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount ~~127~~3,~~537~~680.7174 075,659.0097 Prepayment Penalty Paid Count 263 017 Special Servicing Fee 0.00 0.00

Group Level Collateral Statement Group Gr. 2 - Sub Gr. 1 Gr. 2 - Sub Gr. 2 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~848349~~849176 6.~~346114~~340881 Weighted Average Net Rate 8.~~348349~~349176 5.~~846114~~840881 Pass-Through Rate 8.~~319849~~320676 5.~~817614~~812381 Weighted Average Remaining Term ~~225~~224 ~~354~~353 Record Date 0304/3130/2006 0304/3130/2006 Principal And Interest Constant ~~142~~141,~~333~~996.7496 1,~~177~~160,~~045~~772.8158 Beginning Loan Count ~~199~~198 ~~809~~798 Loans Paid in Full 12 1114 Ending Loan Count ~~198~~196 ~~798~~784 Beginning Scheduled Balance 17,~~761~~702,~~351~~551.5362 ~~216~~213,~~092~~371,~~556~~095.7293 Ending Scheduled Balance 17,~~702~~571,~~551~~575.6257 ~~213~~209,~~371~~104,~~095~~335.9373 Scheduled Principal 11,~~368~~452.2180 3433,~~255~~305.8323 Unscheduled Principal 47119,~~431~~523.7025 24,~~687~~233,~~204~~454.9697 Scheduled Interest 130,~~965~~544.5316 1,~~142~~127,~~789~~467.9835 Servicing Fees 7,~~400~~376.5606 9088,~~038~~904.5762 Master Servicing Fees 199.8216 2,~~431~~400.0442 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~222~~221.0228 2,~~701~~667.1614 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 ~~123~~122,~~143~~747.1366 1,~~047~~033,~~619~~495.2117 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 04,745.0004 071,071.0088 Prepayment Penalty Paid Count 02 010 Special Servicing Fee 0.00 0.00

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~806521~~797890 Weighted Average Net Rate 6.~~306521~~297890 Pass-Through Rate 6.~~278021~~269390 Weighted Average Remaining Term ~~345~~344 Record Date 0304/3130/2006 Principal And Interest Constant 2,~~880~~826,~~866~~127.3823 Beginning Loan Count 2,~~964~~914 Loans Paid in Full 5049 Ending Loan Count 2,~~914~~865 Beginning Scheduled Balance ~~483~~475,~~940~~255,~~697~~050.6558 Ending Scheduled Balance ~~475~~466,~~255~~116,~~050~~867.5840 Scheduled Principal ~~135~~133,~~905~~850.8894 Unscheduled Principal 89,~~549~~004,~~741~~332.1924 Scheduled Interest 2,~~744~~692,~~960~~276.5029 Servicing Fees ~~201~~198,~~641~~022.9693 Master Servicing Fees 5,~~444~~346.3362 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 65,~~049~~940.2769 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 2,~~531~~482,~~824~~966.9405 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~127~~155,~~537~~157.7163 Prepayment Penalty Paid Count 2632 Special Servicing Fee 0.00

Additional Reporting - Deal Level Structural Reporting Extra Principal 0.00 Overcollateralization Amount 7,398,720.66 Overcollateralization Deficiency 0.00 Overcollateralization Increase 0.00 Overcollateralization Reduction 1,158.35 Overcollateralization Target Amount 7,397,562.31 Trigger Event Reporting Cumulative Loss Test Trigger Result Pass Threshold Value 99.990000% Calculated Value 0.000000% Delinquency Test Trigger Result Pass Threshold Value 8.~~579722~~747927% Calculated Value 0.~~031623~~775044% Trigger Event Trigger Result Pass

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days ~~114~~36 2 0 0 ~~116~~38 155,~~255~~113,~~309~~181.3752 8746,~~244~~847.2561 0.00 0.00 155,~~342~~160,~~553~~029.6213 60 Days 74 3 0 0 077 ~~3 372~~10,~~530~~026,413.6404 0183,367.0087 0.00 0.00 ~~372~~10,~~530~~209,780.6491 90 Days 03 0 0 0 03 0347,736.0022 0.00 0.00 0.00 0347,736.0022 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~117~~113 25 0 0 ~~119~~118 15,~~627~~487,~~840~~330.0178 87230,~~244~~215.2548 0.00 0.00 15,~~715~~717,~~084~~546.26 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 31.~~912148~~256545% 0.~~068634~~069808% 0.000000% 0.000000% 31.~~980782~~326353% 31.~~209663~~096866% 0.~~018356~~010050% 0.000000% 0.000000% 31.~~228018~~106916% 60 Days 02.~~102951~~582897% 0.~~000000~~104712% 0.000000% 0.000000% 02.~~102951~~687609% 02.~~078379~~150840% 0.~~000000~~039336% 0.000000% 0.000000% 02.~~078379~~190176% 90 Days 0.~~000000~~104712% 0.000000% 0.000000% 0.000000% 0.~~000000~~104712% 0.~~000000~~074595% 0.000000% 0.000000% 0.000000% 0.~~000000~~074595% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 43.~~015100~~944154% 0.~~068634~~174520% 0.000000% 0.000000% 4.~~083734~~118674% 3.~~288042~~322302% 0.~~018356~~049385% 0.000000% 0.000000% 3.~~306398~~371687%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~162~~178,~~230~~047.7147

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr. 1 - Sub Gr. 1 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 244 12 0 0 256 1247,~~143,041~~536.4960 2746,~~343~~847.3061 0.00 0.00 1294,~~170,~~384.7921 60 Days 017 01 0 0 018 0838,277.0006 024,731.0023 0.00 0.00 0863,008.0029 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2421 13 0 0 2524 1,~~143~~085,~~041~~813.4966 2771,~~343~~578.3084 0.00 0.00 1,~~170~~157,~~384~~392.7950 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 50.~~755396~~975610% 0.~~239808~~487805% 0.000000% 0.000000% 51.~~995204~~463415% 51.~~680228~~247936% 0.~~135880~~236178% 0.000000% 0.000000% 51.~~816107~~484115% 60 Days 04.~~000000~~146341% 0.~~000000~~243902% 0.000000% 0.000000% 04.~~000000~~390244% 04.~~000000~~226107% 0.~~000000~~124681% 0.000000% 0.000000% 04.~~000000~~350787% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.~~755396~~121951% 0.~~239808~~731707% 0.000000% 0.000000% 5.~~995204~~853659% 5.~~680228~~474043% 0.~~135880~~360859% 0.000000% 0.000000% 5.~~816107~~834902% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr. 1 - Sub Gr. 2 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 6718 10 0 0 6818 92,~~236~~199,~~643~~571.0814 ~~59,900~~0.9500 0.00 0.00 92,~~296~~199,~~544~~571.0314 60 Days 41 2 0 0 043 ~~2 263~~5,~~099~~956,447.5582 0158,636.0064 0.00 0.00 ~~263~~6,~~099~~115,084.5546 90 Days 03 0 0 0 03 0347,736.0022 0.00 0.00 0.00 0347,736.0022 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 6962 12 0 0 7064 98,~~499~~503,~~742~~755.6318 59158,~~900~~636.9564 0.00 0.00 98,~~559~~662,~~643~~391.5882 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 41.~~463691~~220339% 0.~~066622~~000000% 0.000000% 0.000000% 41.~~530313~~220339% 41.~~121898~~001447% 0.~~026731~~000000% 0.000000% 0.000000% 41.~~148629~~001447% 60 Days 02.~~133245~~779661% 0.~~000000~~135593% 0.000000% 0.000000% 02.~~133245~~915254% 02.~~117409~~711924% 0.~~000000~~072226% 0.000000% 0.000000% 02.~~117409~~784150% 90 Days 0.~~000000~~203390% 0.000000% 0.000000% 0.000000% 0.~~000000~~203390% 0.~~000000~~158322% 0.000000% 0.000000% 0.000000% 0.~~000000~~158322% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.~~596935~~203390% 0.~~066622~~135593% 0.000000% 0.000000% 4.~~663558~~338983% 43.~~239307~~871693% 0.~~026731~~072226% 0.000000% 0.000000% 43.~~266039~~943919% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr. 2 - Sub Gr. 1 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 ~~146~~89,~~444~~457.3484 0.00 0.00 0.00 ~~146~~89,~~444~~457.3484 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 ~~146~~89,~~444~~457.3484 0.00 0.00 0.00 ~~146~~89,~~444~~457.3484 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~010101~~020408% 0.000000% 0.000000% 0.000000% 1.~~010101~~020408% 0.~~827177~~509035% 0.000000% 0.000000% 0.000000% 0.~~827177~~509035% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~010101~~020408% 0.000000% 0.000000% 0.000000% 1.~~010101~~020408% 0.~~827177~~509035% 0.000000% 0.000000% 0.000000% 0.~~827177~~509035% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr. 2 - Sub Gr. 2 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2112 0 0 0 2112 42,~~729~~576,~~180~~615.4694 0.00 0.00 0.00 42,~~729~~576,~~180~~615.4694 60 Days 116 0 0 0 116 ~~109~~3,~~431~~231,688.0916 0.00 0.00 0.00 ~~109~~3,~~431~~231,688.0916 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2228 0 0 0 2228 45,~~838~~808,~~611~~304.5510 0.00 0.00 0.00 45,~~838~~808,~~611~~304.5510 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~631579~~530612% 0.000000% 0.000000% 0.000000% 21.~~631579~~530612% 21.~~216331~~232160% 0.000000% 0.000000% 0.000000% 21.~~216331~~232160% 60 Days 02.~~125313~~040816% 0.000000% 0.000000% 0.000000% 02.~~125313~~040816% 01.~~051285~~545421% 0.000000% 0.000000% 0.000000% 01.~~051285~~545421% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~756892~~571429% 0.000000% 0.000000% 0.000000% 23.~~756892~~571429% 2.~~267616~~777581% 0.000000% 0.000000% 0.000000% 2.~~267616~~777581%

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 1 - Sub Gr. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 1 - Sub Gr. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 2 - Sub Gr. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 2 - Sub Gr. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current REO Total ~~Sep~~Oct-05 0.000% Loans in REO 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 1 - Sub Gr. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 1 - Sub Gr. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 2 - Sub Gr. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 2 - Sub Gr. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Foreclosure Total ~~Sep~~Oct-05 0.000% Loans in Foreclosure 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 23 ~~May~~Jun-05 0.000% Original Principal Balance 87143,~~400~~600.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 87142,~~244~~979.2564 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 25 ~~Oct~~Nov-05 0.000% Original Principal Balance 87231,~~400~~000.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 87230,~~244~~215.2548 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.~~000~~018% ~~Apr~~May-06 0.~~018~~049% *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. Gr. 1 - Sub Gr. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 12 ~~May~~Jun-05 0.000% Original Principal Balance 2744,400.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 2744,~~343~~243.3095 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 13 ~~Oct~~Nov-05 0.000% Original Principal Balance 2771,~~400~~800.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 2771,~~343~~578.3084 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.~~000~~136% ~~Apr~~May-06 0.~~136~~361% *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. Gr. 1 - Sub Gr. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 ~~May~~Jun-05 0.000% Original Principal Balance 6099,~~000~~200.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 5998,~~900~~735.9569 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 12 ~~Oct~~Nov-05 0.000% Original Principal Balance 60159,~~000~~200.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 59158,~~900~~636.9564 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.~~000~~027% ~~Apr~~May-06 0.~~027~~072% *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. Gr. 2 - Sub Gr. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 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. Gr. 2 - Sub Gr. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~May~~Jun-05 0.000% Original Principal Balance 0.00 ~~Jun~~Jul-05 0.000% Current Actual Balance 0.00 ~~Jul~~Aug-05 0.000% ~~Aug~~Sep-05 0.000% Current Bankruptcy Total ~~Sep~~Oct-05 0.000% Loans in Bankruptcy 0 ~~Oct~~Nov-05 0.000% Original Principal Balance 0.00 ~~Nov~~Dec-05 0.000% Current Actual Balance 0.00 ~~Dec~~Jan-0506 0.000% ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Gr. 1 - Sub Gr. 1 0110527507 May-2006 01-Jun-2005 IL 100.00 19,600.00 Gr. 1 - Sub Gr. 1 0110870748 May-2006 01-Sep-2005 AR 100.00 24,800.00 Gr. 1 - Sub Gr. 1 0110870825 Apr-2006 01-Aug-2005 KY 100.00 27,400.00 Gr. 1 - Sub Gr. 2 0110870750 May-2006 01-Sep-2005 AR 80.00 99,200.00 Gr. 1 - Sub Gr. 2 0111033205 Apr-2006 01-Nov-2005 TN 100.00 60,000.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Actual Date Delinquent Loan Rate Delinquent Balance Interest Gr. 1 - Sub Gr. 1 0110527507 19,512.72 01-Feb-2006 1 9.625% 444.91 Gr. 1 - Sub Gr. 1 0110870748 24,731.23 01-Jan-2006 2 9.000% 700.12 Gr. 1 - Sub Gr. 1 0110870825 27,~~343~~334.3089 01-~~Jan~~Feb-2006 1 12.000% 785.8763 Gr. 1 - Sub Gr. 2 0110870750 98,735.69 01-Jan-2006 2 6.375% 1,930.79 Gr. 1 - Sub Gr. 2 0111033205 59,900.95 01-Jan-2006 12 9.000% 1,~~272~~695.1977

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. Gr. 1 - Sub Gr. 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. Gr. 1 - Sub Gr. 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. Gr. 2 - Sub Gr. 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. Gr. 2 - Sub Gr. 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 0.000% N/A Feb-2006 0.000% N/A Mar-2006 0.000% N/A Mar-2006 0.000% N/A Apr-2006 0.000% N/A Apr-2006 0.000% N/A May-2006 0.000% N/A May-2006 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 Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled 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 Scheduled Balance of Liquidated Loans)

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Scheduled Principal Scheduled Group Count Balance Balance Count Balance Balance Gr. 1 - Sub Gr. 1 67 ~~223~~273,~~880~~560.00 ~~222~~272,~~862~~302.5073 0 0.00 0.00 Gr. 1 - Sub Gr. 2 3226 54,~~622~~383,~~011~~541.00 54,~~581~~373,~~731~~976.1038 0 0.00 0.00 Gr. 2 - Sub Gr. 1 12 43120,~~800~~095.00 43119,~~526~~476.0787 0 0.00 0.00 Gr. 2 - Sub Gr. 2 1114 24,~~686~~226,~~490~~455.00 24,~~679~~224,~~105~~765.5641 0 0.00 0.00 Total 5049 89,~~576~~003,~~181~~651.00 8,~~527~~990,~~225~~521.2339 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance Balance Count Balance Balance Amount Gr. 1 - Sub Gr. 1 0 0.00 0.00 0 0.00 0.00 1,~~309~~478.1422 Gr. 1 - Sub Gr. 2 0 0.00 0.00 0 0.00 0.00 104,~~962~~933.0091 Gr. 2 - Sub Gr. 1 0 0.00 0.00 0 0.00 0.00 ~~3,934~~115.1076 Gr. 2 - Sub Gr. 2 0 0.00 0.00 0 0.00 0.00 98,~~259~~809.6426 Total 0 0.00 0.00 0 0.00 0.00 2515,~~464~~337.8815

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Gr. 1 - Sub Gr. 1 ~~0110465636~~0110524502 FLAZ 100.00 01-May-2005 5036,000.00 4935,~~719~~739.9625 Gr. 1 - Sub Gr. 1 ~~0110529146~~0110524518 SCVA 100.00 01-Jun-2005 1944,~~980~~900.00 1944,~~883~~589.8169 Gr. 1 - Sub Gr. 1 ~~0110548920~~0110535398 MDMN 100.00 01-~~May~~Jul-2005 4538,000.00 4437,~~642~~786.3412 Gr. 1 - Sub Gr. 1 ~~0110834310~~0110557744 WICA 100.00 01-~~Sep~~Jul-2005 4457,~~200~~000.00 4456,~~001~~780.7384 Gr. 1 - Sub Gr. 1 ~~0110861351~~0110751816 WI ~~100~~98.0007 01-~~Oct~~Aug-2005 2129,~~600~~400.00 2129,~~547~~321.5016 Gr. 1 - Sub Gr. 1 ~~0110961392~~0110834466 CAMI 90100.00 01-~~Oct~~Sep-2005 4335,~~100~~980.00 4235,~~948~~797.0273 Gr. 1 - Sub Gr. 21 ~~0110465689~~0110924938 FLWI 100.00 01-~~May~~Oct-2005 ~~200~~32,~~000~~280.00 ~~169~~32,~~768~~161.5294 Gr. 1 - Sub Gr. 2 ~~0110562271~~0110465664 INFL ~~100~~80.00 01-~~Jun~~May-2005 ~~130~~73,~~000~~600.00 ~~129~~72,~~311~~785.7356 Gr. 1 - Sub Gr. 2 ~~0110776422~~0110556502 AZFL 7457.5514 01-~~Jun~~Jul-2005 ~~155~~80,~~800~~000.00 ~~154~~79,~~519~~142.4696 Gr. 1 - Sub Gr. 2 ~~0110806170~~0110751817 WI 8078.0045 01-~~Sep~~Aug-2005 ~~115~~117,~~200~~600.00 ~~114~~116,~~465~~786.6577 Gr. 1 - Sub Gr. 2 ~~0110806283~~0110806147 CAFL 7767.8510 01-Sep-2005 ~~253~~104,000.00 ~~253~~103,~~000~~194.0071 Gr. 1 - Sub Gr. 2 ~~0110806294~~0110806244 AZ 8076.0022 01-~~Sep~~Aug-2005 ~~200~~141,000.00 ~~200~~141,000.00 Gr. 1 - Sub Gr. 2 ~~0110806476~~0110806256 CA 8069.0063 01-~~Jul~~Oct-2005 ~~215~~285,~~192~~500.00 ~~215~~285,~~192~~500.00 Gr. 1 - Sub Gr. 2 ~~0110814845~~0110814862 WITX 80.00 01-Sep-2005 ~~176~~126,~~800~~400.00 ~~175~~126,~~496~~400.8400 Gr. 1 - Sub Gr. 2 ~~0110844586~~0110814870 WINV 80.00 01-~~Oct~~Aug-2005 86153,~~400~~697.00 85153,~~817~~697.0800 Gr. 1 - Sub Gr. 2 ~~0110850940~~0110834319 OHMI 9080.00 01-Sep-2005 78143,~~300~~920.00 77142,~~910~~604.9802 Gr. 1 - Sub Gr. 2 ~~0110870713~~0110834519 AZMI 7690.7700 01-Sep-2005 ~~119~~225,000.00 ~~119~~225,000.00 Gr. 1 - Sub Gr. 2 ~~0110870796~~0110844433 NCWI ~~100~~85.00 01-Sep-2005 ~~112~~182,~~900~~750.00 ~~112~~181,~~220~~812.28 Gr. 1 - Sub Gr. 2 ~~0110900862~~0110861405 MDOR 8079.0099 01-~~Sep~~Aug-2005 ~~168~~210,~~000~~050.00 ~~168~~209,~~000~~975.00 Gr. 1 - Sub Gr. 2 ~~0110901019~~0110870880 AZTX 8079.0096 01-Oct-2005 ~~150~~102,~~400~~150.00 ~~149~~101,~~432~~530.6607 Gr. 1 - Sub Gr. 2 ~~0110925040~~0110901060 MDCA 8690.3000 01-Oct-2005 ~~126~~184,~~000~~500.00 ~~125~~183,~~398~~534.6922 Gr. 1 - Sub Gr. 2 ~~0110925043~~0110924945 AZWI 8580.00 01-~~Sep~~Oct-2005 ~~161~~129,~~500~~120.00 ~~161~~128,~~500~~301.0047 Gr. 1 - Sub Gr. 2 ~~0110925055~~0110925056 MDVA 5480.1000 01-~~Sep~~Jul-2005 ~~165~~176,000.00 ~~164~~176,~~070~~000.~~47 Gr. 1 - Sub Gr. 2 0110931563 UT 79.98 01-Oct-2005 144,850.~~00 ~~144,850.00~~ Gr. 1 - Sub Gr. 2 ~~0110931614~~0110947730 FLTX 80.00 01-~~Sep~~Oct-2005 ~~108~~138,~~000~~428.00 ~~107~~138,~~376~~427.2194 Gr. 1 - Sub Gr. 2 ~~0110947709~~0110947762 NYWA 6779.2587 01-~~Oct~~Jul-2005 ~~232~~223,~~000~~600.00 ~~232~~223,~~000~~600.00 Gr. 1 - Sub Gr. 2 ~~0110947783~~0110965705 MIAZ 80.00 01-Oct-2005 72205,~~000~~588.00 71205,~~783~~557.1689 Gr. 1 - Sub Gr. 2 ~~0110961391~~0110965821 CA 8063.0025 01-~~Oct~~Sep-2005 ~~344~~262,~~800~~500.00 ~~344~~262,~~800~~500.00 Gr. 1 - Sub Gr. 2 ~~0110961454~~0110984894 WAIL 80.00 01-~~Jul~~Oct-2005 ~~330~~137,~~560~~904.00 ~~330~~136,~~560~~981.00 Gr. 1 - Sub Gr. 2 ~~0110969026~~0110984897 NCAZ ~~100~~80.00 01-Oct-2005 ~~280~~134,~~000~~657.00 ~~280~~133,~~000~~643.0063 Gr. 1 - Sub Gr. 2 ~~0110983354~~0111033225 AZIL 9580.00 01-~~Oct~~Nov-2005 ~~184~~160,~~164~~000.00 ~~183~~159,~~236~~213.2789 Gr. 1 - Sub Gr. 2 ~~0110993123~~0111107954 CAAZ 5780.3300 01-Nov-2005 ~~258~~131,~~000~~519.00 ~~257~~131,~~483~~519.9300 Gr. 1 - Sub Gr. 2 ~~0111030490~~0111109902 NYCA 80.00 01-Nov-2005 ~~244~~336,~~000~~848.00 ~~244~~336,~~000~~848.00 Gr. 1 - Sub Gr. 2 ~~0111101988~~0111177520 MDCA 6774.7390 01-Nov-2005 ~~212~~217,~~000~~210.00 ~~211~~217,~~017~~209.1375 Gr. 12 - Sub Gr. 21 ~~0111107952~~0110556486 MNFL 80100.00 01-~~Nov~~Jul-2005 9832,~~400~~100.00 9831,~~355~~909.2372 Gr. 12 - Sub Gr. 21 ~~0111107990~~0110776385 OHCA 100.00 01-~~Nov~~Aug-2005 7387,~~500~~995.00 7387,~~278~~497.7477 Gr. 12 - Sub Gr. 2 ~~0111155556~~0110556510 CAFL 9080.00 01-~~Nov~~Jul-2005 ~~287~~128,~~925~~400.00 ~~287~~127,~~925~~118.0088 Gr. 12 - Sub Gr. 2 ~~0111167226~~0110806345 NCNV 80.00 01-~~Nov~~Sep-2005 ~~138~~332,~~320~~323.00 ~~138~~332,~~320~~323.00 Gr. 2 - Sub Gr. 12 ~~0110548933~~0110806452 CA ~~100~~80.00 01-~~Jun~~Sep-2005 43303,~~800~~162.00 43302,~~497~~839.6059 Gr. 2 - Sub Gr. 2 ~~0110562275~~0110834391 FLWA 9080.00 01-Jul-2005 ~~232~~194,~~110~~800.00 ~~230~~194,~~895~~679.8267 Gr. 2 - Sub Gr. 2 ~~0110806328~~0110834445 CA 80.00 01-Sep-2005 ~~351~~491,~~229~~815.00 ~~351~~491,~~229~~815.00 Gr. 2 - Sub Gr. 2 ~~0110806472~~0110844557 MNCA 80.00 01-~~Aug~~Sep-2005 ~~120~~289,~~000~~068.00 ~~120~~289,~~000~~067.0097 Gr. 2 - Sub Gr. 2 ~~0110834498~~0110844558 AZ 9080.00 01-Sep-2005 ~~175~~144,~~852~~045.00 ~~174~~143,~~558~~959.60 Gr. 2 - Sub Gr. 2 ~~0110900906~~0110844617 FLVA 9080.00 01-~~Oct~~Sep-2005 ~~119~~336,~~967~~000.00 ~~119~~336,~~362~~000.6900 Gr. 2 - Sub Gr. 2 ~~0110910472~~0110947795 CA 80.00 01-~~Sep~~Oct-2005 ~~282~~366,~~392~~886.00 ~~282~~366,~~392~~886.00 Gr. 2 - Sub Gr. 2 ~~0110943957~~0110965805 CA 80.00 01-~~Oct~~Nov-2005 ~~292~~162,960.00 ~~290~~162,~~736~~960.5500 Gr. 2 - Sub Gr. 2 ~~0110947720~~0110983352 CA 7980.9900 01-Oct-2005 ~~274~~243,~~700~~740.00 ~~274~~243,~~700~~740.00 Gr. 2 - Sub Gr. 2 ~~0110947810~~0110983372 CA 80.00 01-~~Oct~~Nov-2005 ~~420~~524,~~000~~019.00 ~~417~~524,~~664~~019.5300 Gr. 2 - Sub Gr. 2 ~~0110961320~~0111030571 AZ 8079.0099 01-Oct-2005 ~~139~~355,~~168~~000.00 ~~138~~355,~~294~~000.1300 Gr. 2 - Sub Gr. 2 ~~0111030575~~0111030582 CA 8085.00 01-Nov-2005 ~~278~~354,~~112~~237.00 ~~278~~354,~~112~~237.00

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Gr. 1 - Sub Gr. 1 ~~0110465636~~0110524502 Loan Paid in Full ~~0 10.125% 360 11 Gr. 1 - Sub Gr. 1 0110529146 Loan Paid in Full~~ (1) 109.~~250~~125% 180 1012 Gr. 1 - Sub Gr. 1 ~~0110548920~~0110524518 Loan Paid in Full ~~(1)~~0 89.250% 240 11 Gr. 1 - Sub Gr. 1 ~~0110834310~~0110535398 Loan Paid in Full (1) 9.~~000~~500% 180 710 Gr. 1 - Sub Gr. 1 ~~0110861351~~0110557744 Loan Paid in Full 0 1112.~~250~~000% ~~180~~240 610 Gr. 1 - Sub Gr. 1 ~~0110961392~~0110751816 Loan Paid in Full 0 912.500% ~~240~~180 69 Gr. 1 - Sub Gr. 21 ~~0110465689~~0110834466 Loan Paid in Full 0(1) 9.~~375~~000% ~~360~~180 118 Gr. 1 - Sub Gr. 21 ~~0110562271~~0110924938 Loan Paid in Full 0 1011.250% ~~360~~180 107 Gr. 1 - Sub Gr. 2 ~~0110776422~~0110465664 Loan Paid in Full 0 7.~~625~~000% 360 1012 Gr. 1 - Sub Gr. 2 ~~0110806170~~0110556502 Loan Paid in Full 0(1) 76.250% 360 710 Gr. 1 - Sub Gr. 2 ~~0110806283~~0110751817 Loan Paid in Full 0 8.000% 360 79 Gr. 1 - Sub Gr. 2 ~~0110806294~~0110806147 Loan Paid in Full 0 6.875% 360 78 Gr. 1 - Sub Gr. 2 ~~0110806476~~0110806244 Loan Paid in Full 01 58.~~875~~750% 360 9 Gr. 1 - Sub Gr. 2 ~~0110814845~~0110806256 Loan Paid in Full (1) 68.~~500~~625% 360 7 Gr. 1 - Sub Gr. 2 ~~0110844586~~0110814862 Loan Paid in Full 01 68.250% 360 68 Gr. 1 - Sub Gr. 2 ~~0110850940~~0110814870 Loan Paid in Full ~~(1)~~0 86.~~500~~125% 360 79 Gr. 1 - Sub Gr. 2 ~~0110870713~~0110834319 Loan Paid in Full 0(1) 86.~~125~~000% 360 78 Gr. 1 - Sub Gr. 2 ~~0110870796~~0110834519 Loan Paid in Full 0 78.~~125~~750% 360 78 Gr. 1 - Sub Gr. 2 ~~0110900862~~0110844433 Loan Paid in Full (1) 79.~~250~~750% 360 78 Gr. 1 - Sub Gr. 2 ~~0110901019~~0110861405 Loan Paid in Full 0 6.~~500~~375% 360 69 Gr. 1 - Sub Gr. 2 ~~0110925040~~0110870880 Loan Paid in Full 01 87.~~125~~500% 360 67 Gr. 1 - Sub Gr. 2 ~~0110925043~~0110901060 Loan Paid in Full 0(1) 8.~~125~~250% 360 7 Gr. 1 - Sub Gr. 2 ~~0110925055~~0110924945 Loan Paid in Full ~~(1)~~0 78.~~875~~000% 360 7 Gr. 1 - Sub Gr. 2 ~~0110931563~~0110925056 Loan Paid in Full (1) 7.~~500~~250% 360 610 Gr. 1 - Sub Gr. 2 ~~0110931614~~0110947730 Loan Paid in Full 0(2) 76.~~750~~250% 360 7 Gr. 1 - Sub Gr. 2 ~~0110947709~~0110947762 Loan Paid in Full 0(1) 85.~~250~~500% 360 610 Gr. 1 - Sub Gr. 2 ~~0110947783~~0110965705 Loan Paid in Full 0 106.~~250~~500% 360 67 Gr. 1 - Sub Gr. 2 ~~0110961391~~0110965821 Loan Paid in Full 01 56.~~750~~375% 360 68 Gr. 1 - Sub Gr. 2 ~~0110961454~~0110984894 Loan Paid in Full 0(1) 57.~~875~~000% 360 97 Gr. 1 - Sub Gr. 2 ~~0110969026~~0110984897 Loan Paid in Full 0(1) 6.~~875~~625% 360 67 Gr. 1 - Sub Gr. 2 ~~0110983354~~0111033225 Loan Paid in Full 0 7.~~750~~875% 360 6 Gr. 1 - Sub Gr. 2 ~~0110993123~~0111107954 Loan Paid in Full ~~(1)~~0 6.~~375~~500% 360 56 Gr. 1 - Sub Gr. 2 ~~0111030490~~0111109902 Loan Paid in Full ~~(1)~~0 86.~~375~~000% 360 56 Gr. 1 - Sub Gr. 2 ~~0111101988~~0111177520 Loan Paid in Full 0(1) 7.~~375~~250% 360 56 Gr. 12 - Sub Gr. 21 ~~0111107952~~0110556486 Loan Paid in Full 0 89.~~625~~250% ~~360~~180 510 Gr. 12 - Sub Gr. 21 ~~0111107990~~0110776385 Loan Paid in Full 0(1) 9.~~500~~000% ~~360~~180 59 Gr. 12 - Sub Gr. 2 ~~0111155556~~0110556510 Loan Paid in Full 0 76.625% 360 510 Gr. 12 - Sub Gr. 2 ~~0111167226~~0110806345 Loan Paid in Full ~~(1)~~0 86.250% 360 58 Gr. 2 - Sub Gr. 12 ~~0110548933~~0110806452 Loan Paid in Full 0(1) 86.~~500~~375% ~~180~~360 108 Gr. 2 - Sub Gr. 2 ~~0110562275~~0110834391 Loan Paid in Full 0 95.~~375~~875% 360 910 Gr. 2 - Sub Gr. 2 ~~0110806328~~0110834445 Loan Paid in Full 0(1) 65.~~000~~500% 360 78 Gr. 2 - Sub Gr. 2 ~~0110806472~~0110844557 Loan Paid in Full 0(2) 76.~~375~~500% 360 8 Gr. 2 - Sub Gr. 2 ~~0110834498~~0110844558 Loan Paid in Full (1) 6.~~750~~500% 360 78 Gr. 2 - Sub Gr. 2 ~~0110900906~~0110844617 Loan Paid in Full 0(1) 76.~~750~~875% 360 68 Gr. 2 - Sub Gr. 2 ~~0110910472~~0110947795 Loan Paid in Full (1) 65.~~250~~875% 360 7 Gr. 2 - Sub Gr. 2 ~~0110943957~~0110965805 Loan Paid in Full ~~(1)~~0 56.~~625~~375% 360 6 Gr. 2 - Sub Gr. 2 ~~0110947720~~0110983352 Loan Paid in Full 0(1) 6.~~125~~500% 360 67 Gr. 2 - Sub Gr. 2 ~~0110947810~~0110983372 Loan Paid in Full 0(1) 76.~~250~~625% 360 6 Gr. 2 - Sub Gr. 2 ~~0110961320~~0111030571 Loan Paid in Full (1) 67.~~625~~125% 360 67 Gr. 2 - Sub Gr. 2 ~~0111030575~~0111030582 Loan Paid in Full ~~(1)~~0 6.~~500~~625% 360 56

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 1.~~767~~895% Current Month 1920.~~262~~515% Current Month 1,~~491~~376.~~822~~568% 3 Month Average 1.~~197~~454% 3 Month Average 1315.~~347~~956% 3 Month Average 1,~~218~~203.~~194~~123% 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 12.687% N/A Feb-2006 1,421.780% N/A Mar-2006 8.093% N/A Mar-2006 740.980% N/A Apr-2006 19.262% N/A Apr-2006 1,491.822% N/A May-2006 20.515% N/A May-2006 1,376.568% 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. Gr. 1 - Sub Gr. 1 SMM CPR PSA Current Month 1.~~101~~361% Current Month 1215.~~445~~165% Current Month ~~890~~952.~~489~~077% 3 Month Average 0.~~809~~930% 3 Month Average 910.~~216~~493% 3 Month Average ~~777~~721.~~695~~547% 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 11.333% N/A Feb-2006 1,120.523% N/A Mar-2006 3.869% N/A Mar-2006 322.074% N/A Apr-2006 12.445% N/A Apr-2006 890.489% N/A May-2006 15.165% N/A May-2006 952.077% 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. Gr. 1 - Sub Gr. 2 SMM CPR PSA Current Month 21.~~435~~954% Current Month 2521.~~604~~089% Current Month 1,~~975~~410.~~746~~813% 3 Month Average 1.~~372~~675% 3 Month Average 1418.~~937~~026% 3 Month Average 1,~~322~~353.~~060~~252% 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 11.822% N/A Feb-2006 1,317.237% N/A Mar-2006 7.385% N/A Mar-2006 673.197% N/A Apr-2006 25.604% N/A Apr-2006 1,975.746% N/A May-2006 21.089% N/A May-2006 1,410.813% 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. Gr. 2 - Sub Gr. 1 SMM CPR PSA Current Month 0.~~267~~676% Current Month 37.~~160~~813% Current Month ~~225~~488.~~321~~085% 3 Month Average 0.~~830~~851% 3 Month Average 9.~~320~~557% 3 Month Average ~~802~~727.~~028~~826% 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 7.100% N/A Feb-2006 710.694% N/A Mar-2006 17.699% N/A Mar-2006 1,470.071% N/A Apr-2006 3.160% N/A Apr-2006 225.321% N/A May-2006 7.813% N/A May-2006 488.085% 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. Gr. 2 - Sub Gr. 2 SMM CPR PSA Current Month 1.~~244~~984% Current Month 1321.~~945~~378% Current Month 1,~~100~~457.~~696~~730% 3 Month Average 1.~~078~~319% 3 Month Average 1214.~~164~~572% 3 Month Average 1,~~173~~114.~~293~~840% 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. ~~May-2005 N/A N/A May-2005 N/A N/A~~ Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 N/A N/A Dec-2005 N/A N/A Jan-2006 N/A N/A Jan-2006 N/A N/A Feb-2006 14.155% N/A Feb-2006 1,633.089% N/A Mar-2006 8.391% N/A Mar-2006 786.093% N/A Apr-2006 13.945% N/A Apr-2006 1,100.696% N/A May-2006 21.378% N/A May-2006 1,457.730% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Interest Rate Stratification Summary Gr. 1 - Sub Gr. 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 4.000 0 0.00 0.000 0 0.00 0.000 4.000 4.499 2 293,522.00 0.~~062~~063 0 0.00 0.000 4.500 4.999 11 2,~~850~~849,~~164~~640.8170 0.~~600~~611 0 0.00 0.000 5.000 5.499 74 17,~~132~~126,~~423~~861.5945 3.~~605~~674 0 0.00 0.000 5.500 5.999 ~~301~~297 7271,~~504~~210,~~568~~419.8849 15.~~256~~277 2 316,~~390~~040.6893 1.~~573~~594 6.000 6.499 ~~563~~553 ~~122~~120,~~333~~188,~~804~~466.6229 25.~~741~~785 5 ~~624~~623,~~223~~531.2722 3.~~103~~144 6.500 6.999 ~~589~~578 ~~110~~107,~~039~~416,~~970~~549.6388 23.~~154~~045 17 2,~~354~~351,~~037~~345.3631 11.~~701~~857 7.000 7.499 ~~306~~301 4948,~~645~~667,~~083~~623.4148 10.~~446~~441 12 1,~~391~~389,~~063~~635.6016 67.~~914~~007 7.500 7.999 ~~256~~254 3635,~~013~~733,~~518~~822.7691 7.~~578~~666 22 1,~~758~~756,~~707~~960.2022 8.~~742~~860 8.000 8.499 ~~155~~151 19,~~975~~409,~~015~~773.4076 4.~~203~~164 24 1,~~466~~464,~~137~~997.5099 7.~~287~~387 8.500 8.999 ~~159~~156 16,~~736~~077,~~706~~637.7550 3.~~522~~449 39 1,~~716~~715,~~785~~427.3653 8.~~533~~650 9.000 9.499 ~~140~~135 8,~~994~~753,~~728~~712.2014 1.~~893~~878 7875 3,~~379~~260,~~254~~853.3147 16.~~797~~443 9.500 9.999 ~~120~~118 8,~~438~~214,~~518~~252.8010 1.~~776~~762 4645 1,~~704~~665,~~567~~621.2452 8.~~473~~399 10.000 10.499 69 3,~~743~~742,~~615~~186.62 0.~~788~~803 41 1,~~730~~729,~~641~~580.0184 8.~~602~~722 10.500 10.999 83 3,~~755~~754,~~975~~357.9204 0.~~790~~805 57 1,619,~~912~~161.6160 8.~~052~~165 11.000 11.499 1615 ~~721~~688,~~283~~793.8974 0.~~152~~148 1110 ~~340~~308,~~349~~039.7366 1.~~692~~553 11.500 11.999 26 ~~697~~696,~~008~~669.5659 0.~~147~~149 25 ~~659~~658,~~083~~757.2009 3.~~276~~322 12.000 12.499 2322 ~~806~~749,~~387~~306.8323 0.~~170~~161 1716 ~~484~~427,~~665~~725.1075 2.~~409~~157 12.500 12.999 1918 ~~527~~497,~~437~~968.9570 0.~~111~~107 1918 ~~527~~497,~~437~~968.9570 2.~~622~~511 13.000 13.499 2 45,~~314~~303.9678 0.010 2 45,~~314~~303.9678 0.~~225~~228 13.500 13.999 0 0.00 0.000 0 0.00 0.000 14.000 14.499 0 0.00 0.000 0 0.00 0.000 14.500 14.999 0 0.00 0.000 0 0.00 0.000 15.000 15.499 0 0.00 0.000 0 0.00 0.000 15.500 15.999 0 0.00 0.000 0 0.00 0.000 16.000 16.499 0 0.00 0.000 0 0.00 0.000 16.500 16.999 0 0.00 0.000 0 0.00 0.000 >= 17.000 0 0.00 0.000 0 0.00 0.000 Total 2,~~914~~865 ~~475~~466,~~255~~116,~~050~~867.5840 100.000 ~~417~~410 2019,~~118~~830,~~571~~950.0877 100.000

Interest Rate Stratification (continued) Gr. 1 - Sub Gr. 2 Gr. 2 - Sub Gr. 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 4.000 0 0.00 0.000 0 0.00 0.000 4.000 4.499 0 0.00 0.000 0 0.00 0.000 4.500 4.999 3 410,~~736~~579.9127 0.~~183~~187 0 0.00 0.000 5.000 5.499 27 4,~~795~~793,~~402~~792.4566 2.~~140~~183 0 0.00 0.000 5.500 5.999 ~~153~~152 27,~~689~~455,~~506~~900.0062 12.~~358~~502 1 236,~~369~~108.9233 1.~~335~~344 6.000 6.499 ~~298~~291 4847,~~538~~203,~~448~~031.2329 21.~~663~~494 7 1,~~334~~333,~~817~~486.3167 7.~~540~~589 6.500 6.999 ~~377~~373 5756,~~544~~950,~~699~~233.7977 25.~~682~~932 8 1,~~370~~369,~~643~~784.5940 7.~~743~~795 7.000 7.499 ~~212~~208 2928,~~337~~722,~~942~~429.9520 13.~~094~~079 8 1,~~082~~081,~~049~~094.9536 6.~~112~~153 7.500 7.999 ~~179~~177 2423,~~175~~904,~~486~~472.1529 10.~~790~~885 6 628,~~810~~333.2038 3.~~552~~576 8.000 8.499 9793 1312,~~411~~850,~~559~~780.7927 5.~~986~~852 12 1,~~246~~244,~~095~~709.6250 7.~~039~~084 8.500 8.999 7673 109,~~227~~572,~~561~~975.1126 4.~~565~~359 36 2,~~834~~832,~~300~~241.9449 16.~~011~~118 9.000 9.499 38 3,~~919~~917,~~237~~300.1161 1.~~749~~784 2220 1,~~546~~426,~~865~~270.0047 8.~~738~~117 9.500 9.999 3231 3,~~345~~161,~~417~~895.2394 1.~~493~~440 41 3,~~199~~198,~~813~~112.1584 18.~~075~~200 10.000 10.499 9 666,~~834~~614.2315 0.~~298~~304 19 1,~~346~~345,~~140~~991.3863 7.~~604~~660 10.500 10.999 0 0.00 0.000 26 2,~~136~~135,~~063~~195.3144 12.~~066~~151 11.000 11.499 0 0.00 0.000 5 380,~~934~~754.1608 2.~~152~~167 11.500 11.999 0 0.00 0.000 1 37,~~925~~912.3650 0.~~214~~216 12.000 12.499 0 0.00 0.000 6 321,~~722~~580.7348 1.~~817~~830 12.500 12.999 0 0.00 0.000 0 0.00 0.000 13.000 13.499 0 0.00 0.000 0 0.00 0.000 13.500 13.999 0 0.00 0.000 0 0.00 0.000 14.000 14.499 0 0.00 0.000 0 0.00 0.000 14.500 14.999 0 0.00 0.000 0 0.00 0.000 15.000 15.499 0 0.00 0.000 0 0.00 0.000 15.500 15.999 0 0.00 0.000 0 0.00 0.000 16.000 16.499 0 0.00 0.000 0 0.00 0.000 16.500 16.999 0 0.00 0.000 0 0.00 0.000 >= 17.000 0 0.00 0.000 0 0.00 0.000 Total 1,~~501~~475 ~~224~~219,~~062~~610,~~831~~005.9533 100.000 ~~198~~196 17,~~702~~571,~~551~~575.6257 100.000

Interest Rate Stratification (continued) Gr. 2 - Sub Gr. 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 4.000 0 0.00 0.000 4.000 4.499 2 293,522.00 0.~~138~~140 4.500 4.999 8 2,439,~~427~~061.9043 1.~~143~~166 5.000 5.499 47 12,~~337~~333,~~021~~068.1479 5.~~782~~898 5.500 5.999 ~~145~~142 4443,~~262~~202,~~302~~369.2861 20.~~744~~661 6.000 6.499 ~~253~~250 71,~~836~~028,~~315~~417.8111 33.~~667~~968 6.500 6.999 ~~187~~180 4846,~~770~~745,~~589~~186.8940 22.~~857~~355 7.000 7.499 7473 17,~~834~~474,~~026~~464.9176 8.~~358~~357 7.500 7.999 49 9,~~450~~444,~~515~~057.2102 4.~~429~~516 8.000 8.499 22 3,~~851~~849,~~222~~286.4900 1.~~805~~841 8.500 8.999 8 1,~~958~~956,~~059~~993.3422 0.~~918~~936 9.000 9.499 2 149,~~371~~287.7859 0.~~070~~071 9.500 9.999 1 188,~~721~~621.1880 0.~~088~~090 10.000 10.499 0 0.00 0.000 10.500 10.999 0 0.00 0.000 11.000 11.499 0 0.00 0.000 11.500 11.999 0 0.00 0.000 12.000 12.499 0 0.00 0.000 12.500 12.999 0 0.00 0.000 13.000 13.499 0 0.00 0.000 13.500 13.999 0 0.00 0.000 14.000 14.499 0 0.00 0.000 14.500 14.999 0 0.00 0.000 15.000 15.499 0 0.00 0.000 15.500 15.999 0 0.00 0.000 16.000 16.499 0 0.00 0.000 16.500 16.999 0 0.00 0.000 >= 17.000 0 0.00 0.000 Total ~~798~~784 ~~213~~209,~~371~~104,~~095~~335.9373 100.000

Filing Compare · ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1