10-D 1 dsl06ar1_10d-200606.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: May 2, 2006 to June 1, 2006 Commission File Number of issuing entity: 333-127352-31 DSLA Mortgage Loan Trust 2006-AR1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-127352 Greenwich Capital Acceptance Inc. (Exact name of depositor as specified in its charter) Greenwich Capital Financial 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) 54-2196527 54-2196528 54-6708165 (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)) 1A-1A _____ _____ __X___ ____________ 1A-1B _____ _____ __X___ ____________ 2A-1A _____ _____ __X___ ____________ 2A-1B _____ _____ __X___ ____________ 2A-1C _____ _____ __X___ ____________ C _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-10 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ M-4 _____ _____ __X___ ____________ M-5 _____ _____ __X___ ____________ M-6 _____ _____ __X___ ____________ M-7 _____ _____ __X___ ____________ M-8 _____ _____ __X___ ____________ M-9 _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __X___ ____________ R-II _____ _____ __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 June 19, 2006 a distribution was made to holders of DSLA Mortgage Loan Trust 2006-AR1. 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 DSLA Mortgage Loan Trust 2006-AR1, relating to the June 19, 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. DSLA Mortgage Loan Trust 2006-AR1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Beth Belfield Beth Belfield, Officer Date: June 29, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of DSLA Mortgage Loan Trust 2006-AR1, relating to the June 19, 2006 distribution. EX-99.1 Downey Savings and Loan Association Mortgage Loan Pass-Through Certificates Distribution Date: 6/19/2006 Downey Savings and Loan Association Mortgage Loan Pass-Through Certificates Series 2006-AR1 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 1A-1A 23332UGK4 4.~~80800~~93100% ~~289~~285,~~965~~423,~~924~~126.3424 1,~~161~~172,~~796~~851.8020 1A-1B 23332UGL2 4.~~80800~~93100% 7271,~~491~~356,~~974~~267.7751 ~~290~~293,~~451~~214.1880 2A-1A 23332UGM0 4.~~82800~~95100% ~~331~~329,~~645~~903,~~096~~091.0673 1,~~334~~361,~~318~~125.7717 2A-1B 23332UGN8 5.~~17000~~34000% ~~138~~137,~~185~~459,~~373~~539.7404 ~~595~~632,~~348~~084.6578 2A-1C 23332UGP3 5.~~12000~~29000% 82,~~911~~475,~~025~~525.1740 ~~353~~375,~~753~~698.7193 M-1 23332UGQ1 5.~~32000~~49000% 17,385,000.00 7782,~~073~~187.5059 M-2 23332UGR9 5.~~35000~~52000% 12,914,000.00 5761,~~574~~384.9255 M-3 23332UGS7 5.~~38000~~55000% 6,954,000.00 3133,~~177~~234.1032 M-4 23332UGT5 5.~~65000~~82000% 4,967,000.00 2324,~~386~~892.2995 M-5 23332UGU2 5.~~72000~~89000% 4,967,000.00 2325,~~676~~192.0335 M-6 23332UGV0 56.~~86000~~03000% 4,470,000.00 2123,~~828~~210.5047 M-7 23332UGW8 6.~~66000~~83000% 4,470,000.00 2426,~~808~~289.5081 M-8 23332UGX6 6.~~66000~~83000% 3,477,000.00 1920,~~297~~449.3559 M-9 23332UGY4 6.~~66000~~83000% 3,477,000.00 1920,~~297~~449.3559 M-10 23332UGZ1 6.~~66000~~83000% 4,967,000.00 2729,~~566~~212.8586 C 23332UHB3 0.00000% 2,980,311.37 1,~~324~~256,~~073~~090.7095 P 23332UHC1 0.00000% 100.00 ~~199~~230,~~716~~251.7347 ~~ES 23332UHA5 0.00000% 0.00 225,350.35~~ R 23332UHD9 0.00000% 0.00 0.00 R-II 23332UHE7 0.00000% 0.00 0.00 Totals ~~986~~977,~~227~~645,~~805~~961.4529 5,~~810~~667,~~496~~821.2838

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses 1A-1A 4,~~542~~486,~~798~~747.1032 0.00 ~~285~~280,~~423~~936,~~126~~378.2492 5,~~704~~659,~~594~~598.9052 0.00 1A-1B 1,~~135~~121,~~707~~694.2647 0.00 7170,~~356~~234,~~267~~573.5104 1,~~426~~414,~~158~~909.4427 0.00 2A-1A 12,~~742~~501,~~004~~700.3385 0.00 ~~329~~327,~~903~~401,~~091~~390.7388 3,~~076~~862,~~323~~826.1002 0.00 2A-1B ~~725~~1,~~834~~042,374.7073 0.00 ~~137~~136,~~459~~417,~~539~~164.0431 1,~~321~~674,~~183~~459.3551 0.00 2A-1C ~~435~~625,~~499~~423.7834 0.00 8281,~~475~~850,~~525~~102.4006 ~~789~~1,~~253~~001,122.4927 0.00 M-1 0.00 0.00 17,385,000.00 7782,~~073~~187.5059 0.00 M-2 0.00 0.00 12,914,000.00 5761,~~574~~384.9255 0.00 M-3 0.00 0.00 6,954,000.00 3133,~~177~~234.1032 0.00 M-4 0.00 0.00 4,967,000.00 2324,~~386~~892.2995 0.00 M-5 0.00 0.00 4,967,000.00 2325,~~676~~192.0335 0.00 M-6 0.00 0.00 4,470,000.00 2123,~~828~~210.5047 0.00 M-7 0.00 0.00 4,470,000.00 2426,~~808~~289.5081 0.00 M-8 0.00 0.00 3,477,000.00 1920,~~297~~449.3559 0.00 M-9 0.00 0.00 3,477,000.00 1920,~~297~~449.3559 0.00 M-10 0.00 0.00 4,967,000.00 2729,~~566~~212.8586 0.00 C 0.00 0.00 2,980,311.37 1,~~324~~256,~~073~~090.7095 0.00 P 0.00 0.00 100.00 ~~199~~230,~~716~~251.7347 0.00 ~~ES 0.00 0.00 0.00 225,350.35 0.00~~ R 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 89,~~581~~777,~~844~~940.1771 0.00 ~~977~~967,~~645~~868,~~961~~020.2958 1415,~~392~~445,~~340~~762.4509 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 1A-1A 293,678,000.00 ~~289~~285,~~965~~423,~~924~~126.3424 0.00 4,~~542~~486,~~798~~747.1032 0.00 0.00 1A-1B 73,420,000.00 7271,~~491~~356,~~974~~267.7751 0.00 1,~~135~~121,~~707~~694.2647 0.00 0.00 2A-1A 333,185,000.00 ~~331~~329,~~645~~903,~~096~~091.0673 0.00 12,~~742~~501,~~004~~700.3385 0.00 0.00 2A-1B 138,827,000.00 ~~138~~137,~~185~~459,~~373~~539.7404 0.00 ~~725~~1,~~834~~042,374.7073 0.00 0.00 2A-1C 83,296,000.00 82,~~911~~475,~~025~~525.1740 0.00 ~~435~~625,~~499~~423.7834 0.00 0.00 M-1 17,385,000.00 17,385,000.00 0.00 0.00 0.00 0.00 M-2 12,914,000.00 12,914,000.00 0.00 0.00 0.00 0.00 M-3 6,954,000.00 6,954,000.00 0.00 0.00 0.00 0.00 M-4 4,967,000.00 4,967,000.00 0.00 0.00 0.00 0.00 M-5 4,967,000.00 4,967,000.00 0.00 0.00 0.00 0.00 M-6 4,470,000.00 4,470,000.00 0.00 0.00 0.00 0.00 M-7 4,470,000.00 4,470,000.00 0.00 0.00 0.00 0.00 M-8 3,477,000.00 3,477,000.00 0.00 0.00 0.00 0.00 M-9 3,477,000.00 3,477,000.00 0.00 0.00 0.00 0.00 M-10 4,967,000.00 4,967,000.00 0.00 0.00 0.00 0.00 C 2,983,024.71 2,980,311.37 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 ~~ES 0.00 0.00 0.00 0.00 0.00 0.00~~ R 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 Totals 993,437,124.71 ~~986~~977,~~227~~645,~~805~~961.4529 0.00 89,~~581~~777,~~844~~940.1771 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1A-1A 4,~~542~~486,~~798~~747.1032 ~~285~~280,~~423~~936,~~126~~378.2492 0.~~97189141~~95661363 4,~~542~~486,~~798~~747.1032 1A-1B 1,~~135~~121,~~707~~694.2647 7170,~~356~~234,~~267~~573.5104 0.~~97189141~~95661363 1,~~135~~121,~~707~~694.2647 2A-1A 12,~~742~~501,~~004~~700.3385 ~~329~~327,~~903~~401,~~091~~390.7388 0.~~99014989~~98264145 12,~~742~~501,~~004~~700.3385 2A-1B ~~725~~1,~~834~~042,374.7073 ~~137~~136,~~459~~417,~~539~~164.0431 0.~~99014989~~98264145 ~~725~~1,~~834~~042,374.7073 2A-1C ~~435~~625,~~499~~423.7834 8281,~~475~~850,~~525~~102.4006 0.~~99014989~~98264145 ~~435~~625,~~499~~423.7834 M-1 0.00 17,385,000.00 1.00000000 0.00 M-2 0.00 12,914,000.00 1.00000000 0.00 M-3 0.00 6,954,000.00 1.00000000 0.00 M-4 0.00 4,967,000.00 1.00000000 0.00 M-5 0.00 4,967,000.00 1.00000000 0.00 M-6 0.00 4,470,000.00 1.00000000 0.00 M-7 0.00 4,470,000.00 1.00000000 0.00 M-8 0.00 3,477,000.00 1.00000000 0.00 M-9 0.00 3,477,000.00 1.00000000 0.00 M-10 0.00 4,967,000.00 1.00000000 0.00 C 0.00 2,980,311.37 0.99909041 0.00 P 0.00 100.00 1.00000000 0.00 ~~ES 0.00 0.00 0.00000000 0.00~~ R 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 89,~~581~~777,~~844~~940.1771 ~~977~~967,~~645~~868,~~961~~020.2958 0.~~98410452~~97426198 89,~~581~~777,~~844~~940.1771

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution 1A-1A 293,678,000.00 ~~987~~971.~~36004856~~89141250 0.00000000 15.~~46863606~~27777811 0.00000000 1A-1B 73,420,000.00 ~~987~~971.~~36004862~~89141256 0.00000000 15.~~46863607~~27777813 0.00000000 2A-1A 333,185,000.00 ~~995~~990.~~37823149~~14989189 0.00000000 57.~~22833960~~50844381 0.00000000 2A-1B 138,827,000.00 ~~995~~990.~~37823147~~14989188 0.00000000 57.~~22833959~~50844382 0.00000000 2A-1C 83,296,000.00 ~~995~~990.~~37823149~~14989195 0.00000000 57.~~22833966~~50844386 0.00000000 M-1 17,385,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 12,914,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 6,954,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 4,967,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 4,967,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 4,470,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 4,470,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 3,477,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 3,477,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 4,967,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 2,983,024.71 999.09040646 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 ~~ES 0.00 0.00000000 0.00000000 0.00000000 0.00000000~~ R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 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 1A-1A 0.00000000 15.~~46863606~~27777811 ~~971~~956.~~89141250~~61363439 0.~~97189141~~95661363 15.~~46863606~~27777811 1A-1B 0.00000000 15.~~46863607~~27777813 ~~971~~956.~~89141256~~61363443 0.~~97189141~~95661363 15.~~46863607~~27777813 2A-1A 0.00000000 57.~~22833960~~50844381 ~~990~~982.~~14989189~~64144808 0.~~99014989~~98264145 57.~~22833960~~50844381 2A-1B 0.00000000 57.~~22833959~~50844382 ~~990~~982.~~14989188~~64144806 0.~~99014989~~98264145 57.~~22833959~~50844382 2A-1C 0.00000000 57.~~22833966~~50844386 ~~990~~982.~~14989195~~64144809 0.~~99014989~~98264145 57.~~22833966~~50844386 M-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-10 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 999.09040646 0.99909041 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 ~~ES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000~~ R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All Class are 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 1A-1A 0405/01/06 - 0405/30/06 30 4.~~80800~~93100% ~~289~~285,~~965~~423,~~924~~126.3424 1,~~161~~172,~~796~~851.8020 0.00 1A-1B 0405/01/06 - 0405/30/06 30 4.~~80800~~93100% 7271,~~491~~356,~~974~~267.7751 ~~290~~293,~~451~~214.1880 0.00 2A-1A 0405/01/06 - 0405/30/06 30 4.~~82800~~95100% ~~331~~329,~~645~~903,~~096~~091.0673 1,~~334~~361,~~318~~125.7717 0.00 2A-1B 0405/19/06 - 0506/18/06 3031 5.~~17000~~34000% ~~138~~137,~~185~~459,~~373~~539.7404 ~~595~~632,~~348~~084.6578 0.00 2A-1C 0405/19/06 - 0506/18/06 3031 5.~~12000~~29000% 82,~~911~~475,~~025~~525.1740 ~~353~~375,~~753~~698.7193 0.00 M-1 0405/19/06 - 0506/18/06 3031 5.~~32000~~49000% 17,385,000.00 7782,~~073~~187.5059 0.00 M-2 0405/19/06 - 0506/18/06 3031 5.~~35000~~52000% 12,914,000.00 5761,~~574~~384.9255 0.00 M-3 0405/19/06 - 0506/18/06 3031 5.~~38000~~55000% 6,954,000.00 3133,~~177~~234.1032 0.00 M-4 0405/19/06 - 0506/18/06 3031 5.~~65000~~82000% 4,967,000.00 2324,~~386~~892.2995 0.00 M-5 0405/19/06 - 0506/18/06 3031 5.~~72000~~89000% 4,967,000.00 2325,~~676~~192.0335 0.00 M-6 0405/19/06 - 0506/18/06 3031 56.~~86000~~03000% 4,470,000.00 2123,~~828~~210.5047 0.00 M-7 0405/19/06 - 0506/18/06 3031 6.~~66000~~83000% 4,470,000.00 2426,~~808~~289.5081 ~~370~~1,397.1283 M-8 0405/19/06 - 0506/18/06 3031 6.~~66000~~83000% 3,477,000.00 1920,~~297~~449.3559 ~~287~~1,087.9030 M-9 0405/19/06 - 0506/18/06 3031 6.~~66000~~83000% 3,477,000.00 1920,~~297~~449.3559 ~~287~~1,087.9030 M-10 0405/19/06 - 0506/18/06 3031 6.~~66000~~83000% 4,967,000.00 2729,~~566~~212.8586 ~~411~~1,553.2725 C N/A N/A 0.00000% ~~986~~977,~~227~~645,~~805~~961.4629 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 ~~ES N/A N/A 0.00000% 0.00 0.00 0.00~~ R N/A N/A 0.00000% 0.00 0.00 0.00 R-II N/A N/A 0.00000% 0.00 0.00 0.00 Totals 4,~~061~~181,~~355~~478.5096 15,~~357~~125.1968

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 1A-1A 0.00 0.00 1,~~161~~172,~~796~~851.8020 0.00 ~~285~~280,~~423~~936,~~126~~378.2492 1A-1B 0.00 0.00 ~~290~~293,~~451~~214.1880 0.00 7170,~~356~~234,~~267~~573.5104 2A-1A 0.00 0.00 1,~~334~~361,~~318~~125.7717 0.00 ~~329~~327,~~903~~401,~~091~~390.7388 2A-1B 0.00 0.00 ~~595~~632,~~348~~084.6578 0.00 ~~137~~136,~~459~~417,~~539~~164.0431 2A-1C 0.00 0.00 ~~353~~375,~~753~~698.7193 0.00 8281,~~475~~850,~~525~~102.4006 M-1 0.00 0.00 7782,~~073~~187.5059 0.00 17,385,000.00 M-2 0.00 0.00 5761,~~574~~384.9255 0.00 12,914,000.00 M-3 0.00 0.00 3133,~~177~~234.1032 0.00 6,954,000.00 M-4 0.00 0.00 2324,~~386~~892.2995 0.00 4,967,000.00 M-5 0.00 0.00 2325,~~676~~192.0335 0.00 4,967,000.00 M-6 0.00 0.00 2123,~~828~~210.5047 0.00 4,470,000.00 M-7 ~~370~~1,397.1283 0.00 2426,~~808~~289.5081 0.00 4,470,000.00 M-8 ~~287~~1,087.9030 0.00 1920,~~297~~449.3559 0.00 3,477,000.00 M-9 ~~287~~1,087.9030 0.00 1920,~~297~~449.3559 0.00 3,477,000.00 M-10 ~~411~~1,553.2725 0.00 2729,~~566~~212.8586 0.00 4,967,000.00 C 0.00 0.00 1,~~324~~256,~~073~~090.7095 0.00 ~~977~~967,~~645~~868,~~961~~020.2958 P 0.00 0.00 ~~199~~230,~~716~~251.7347 0.00 100.00 ~~ES 0.00 0.00 225,350.35 0.00 0.00~~ R 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 15,~~357~~125.1968 0.00 5,~~810~~667,~~496~~821.2838 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 1A-1A 293,678,000.00 4.~~80800~~93100% ~~987~~971.~~36004856~~89141250 3.~~95602258~~99366381 0.00000000 1A-1B 73,420,000.00 4.~~80800~~93100% ~~987~~971.~~36004862~~89141256 3.~~95602261~~99366385 0.00000000 2A-1A 333,185,000.00 4.~~82800~~95100% ~~995~~990.~~37823149~~14989189 4.~~00473842~~08519342 0.00000000 2A-1B 138,827,000.00 5.~~17000~~34000% ~~995~~990.~~37823147~~14989188 4.~~28842120~~55303925 0.00000000 2A-1C 83,296,000.00 5.~~12000~~29000% ~~995~~990.~~37823149~~14989195 4.~~24694715~~51040782 0.00000000 M-1 17,385,000.00 5.~~32000~~49000% 1000.00000000 4.~~43333333~~72750014 0.00000000 M-2 12,914,000.00 5.~~35000~~52000% 1000.00000000 4.~~45833359~~75333359 0.00000000 M-3 6,954,000.00 5.~~38000~~55000% 1000.00000000 4.~~48333333~~77916595 0.00000000 M-4 4,967,000.00 5.~~65000~~82000% 1000.00000000 45.~~70833300~~01166700 0.00000000 M-5 4,967,000.00 5.~~72000~~89000% 1000.00000000 45.~~76666600~~07194484 0.00000000 M-6 4,470,000.00 56.~~86000~~03000% 1000.00000000 45.~~88333333~~19249888 0.00000000 M-7 4,470,000.00 6.~~66000~~83000% 1000.00000000 5.~~55000000~~88138926 0.~~08280089~~31271365 M-8 3,477,000.00 6.~~66000~~83000% 1000.00000000 5.~~55000000~~88138913 0.~~08280127~~31271211 M-9 3,477,000.00 6.~~66000~~83000% 1000.00000000 5.~~55000000~~88138913 0.~~08280127~~31271211 M-10 4,967,000.00 6.~~66000~~83000% 1000.00000000 5.~~55000000~~88138917 0.~~08280048~~31271391 C 2,983,024.71 0.00000% ~~330613~~327736.~~35434261~~46091923 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 ~~ES 0.00 0.00000% 0.00000000 0.00000000 0.00000000~~ R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 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 1A-1A 0.00000000 0.00000000 3.~~95602258~~99366381 0.00000000 ~~971~~956.~~89141250~~61363439 1A-1B 0.00000000 0.00000000 3.~~95602261~~99366385 0.00000000 ~~971~~956.~~89141256~~61363443 2A-1A 0.00000000 0.00000000 4.~~00473842~~08519342 0.00000000 ~~990~~982.~~14989189~~64144808 2A-1B 0.00000000 0.00000000 4.~~28842120~~55303925 0.00000000 ~~990~~982.~~14989188~~64144806 2A-1C 0.00000000 0.00000000 4.~~24694715~~51040782 0.00000000 ~~990~~982.~~14989195~~64144809 M-1 0.00000000 0.00000000 4.~~43333333~~72750014 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.~~45833359~~75333359 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.~~48333333~~77916595 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 45.~~70833300~~01166700 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 45.~~76666600~~07194484 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 45.~~88333333~~19249888 0.00000000 1000.00000000 M-7 0.~~08280089~~31271365 0.00000000 5.~~55000000~~88138926 0.00000000 1000.00000000 M-8 0.~~08280127~~31271211 0.00000000 5.~~55000000~~88138913 0.00000000 1000.00000000 M-9 0.~~08280127~~31271211 0.00000000 5.~~55000000~~88138913 0.00000000 1000.00000000 M-10 0.~~08280048~~31271391 0.00000000 5.~~55000000~~88138917 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~443~~421.~~86950452~~07963296 0.00000000 ~~327736~~324458.~~46091923~~59980154 P 0.00000000 0.00000000 ~~1997167~~2302514.~~30000000~~70000000 0.00000000 1000.00000000 ~~ES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000~~ R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All Class are per $ 1,000 denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1415,~~515~~527,~~618~~320.4160 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 1021,~~533~~044.0353 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~199~~230,~~716~~251.7347 Total Deposits 1415,~~725~~778,~~868~~616.1760 Withdrawals Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 810,~~583~~533.1903 Total Administration Fees ~~324~~322,~~944~~321.5348 Payment of Interest and Principal 1415,~~392~~445,~~340~~762.4509 Total Withdrawals (Pool Distribution Amount) 1415,~~725~~778,~~868~~616.1760 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~308~~305,~~196~~514.1936 Credit Risk Manager Fee - Clayton Fixed Income Services 4,~~109~~073.2852 Master Servicing Fee - Wells Fargo bank, N.A. 6,~~163~~110.9329 XL Capital Assurance Premium 6,~~475~~623.1331 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~324~~322,~~944~~321.5348 *Servicer Payees include: Downey Savings

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Certificate Insurance Policy - XLCA 0.00 0.00 0.00 0.00 Basis Risk Reserve Fund 1,000.00 15,~~357~~125.1868 15,~~357~~125.1868 1,000.00

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 67.~~948140~~069911% Weighted Average Net Coupon 6.~~573140~~694911% Weighted Average Pass-Through Rate 6.~~560640~~682411% Weighted Average Remaining Term ~~414~~413 Beginning Scheduled Collateral Loan Count 2,~~518~~485 Number Of Loans Paid In Full 33 Ending Scheduled Collateral Loan Count 2,~~485~~452 Beginning Scheduled Collateral Balance ~~986~~977,~~227~~645,~~805~~961.4629 Ending Scheduled Collateral Balance ~~977~~967,~~645~~868,~~961~~020.2958 Ending Actual Collateral Balance at 0131-May-2006 ~~975~~965,~~430~~668,~~864~~821.8662 Monthly P&I Constant 2,~~946~~912,~~132~~821.8026 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~199~~230,~~716~~251.7347 Prepayment Penalty Paid Count * Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 0.00 Unscheduled Principal 1112,~~346~~625,~~085~~010.2668 * This data is currently not provided for reporting.

Group Level Collateral Statement Group 1 2 Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~066694~~186959 6.~~871258~~994752 Weighted Average Net Rate 6.~~691694~~811959 6.~~496258~~619752 Pass-Through Rate 6.~~679194~~799459 6.~~483758~~607252 Weighted Average Remaining Term ~~406~~405 ~~419~~418 Record Date 05/0131/2006 05/0131/2006 Principal And Interest Constant 1,~~169~~149,~~637~~689.4463 1,~~776~~763,~~495~~131.3663 Beginning Loan Count 1,~~403~~379 1,~~115~~106 Loans Paid in Full 2422 911 Ending Loan Count 1,~~379~~357 1,~~106~~095 Beginning Scheduled Balance ~~387~~382,~~967~~288,~~316~~811.7438 ~~598~~595,~~260~~357,~~488~~149.7291 Ending Scheduled Balance ~~382~~376,~~288~~680,~~811~~369.3859 ~~595~~591,~~357~~187,~~149~~650.9199 Scheduled Principal 0.00 0.00 Unscheduled Principal 6,~~793~~748,~~573~~330.1239 45,~~552~~876,~~512~~680.1429 Scheduled Interest 2,~~284~~289,~~705~~578.2023 3,~~425~~470,~~668~~313.6900 Servicing Fees ~~121~~119,~~239~~465.7925 186,~~956~~049.4011 Master Servicing Fees 2,~~424~~389.8031 3,~~739~~720.1398 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~616~~592.5387 2,~~492~~480.7565 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 2,~~159~~166,~~424~~130.0880 3,~~232~~278,~~480~~062.4126 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 ~~167~~170,~~003~~169.6230 3260,~~713~~082.1117 Prepayment Penalty Paid Count * * Special Servicing Fee 0.00 0.00 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 67.~~948140~~069911 Weighted Average Net Rate 6.~~573140~~694911 Pass-Through Rate 6.~~560640~~682411 Weighted Average Remaining Term ~~414~~413 Record Date 05/0131/2006 Principal And Interest Constant 2,~~946~~912,~~132~~821.8026 Beginning Loan Count 2,~~518~~485 Loans Paid in Full 33 Ending Loan Count 2,~~485~~452 Beginning Scheduled Balance ~~986~~977,~~227~~645,~~805~~961.4629 Ending Scheduled Balance ~~977~~967,~~645~~868,~~961~~020.2958 Scheduled Principal 0.00 Unscheduled Principal 1112,~~346~~625,~~085~~010.2668 Scheduled Interest 5,~~710~~759,~~373~~891.8923 Servicing Fees ~~308~~305,~~196~~514.1936 Master Servicing Fees 6,~~163~~110.9329 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 4,~~109~~073.2852 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~391~~444,~~904~~193.4906 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 ~~199~~230,~~716~~251.7347 Prepayment Penalty Paid Count * Special Servicing Fee 0.00 * This data is currently not provided for reporting.

Additional Reporting - Deal Level Informational Reporting Principal Balance - Neg Am Loans ~~901~~878,~~548~~512,~~755~~667.2434 Count of Neg Am Loans ~~2265~~2189 Deferred Interest 2,~~764~~847,~~241~~069.0997 Net Deferred Interest 0.00 ~~Subservicing Fee 16,996.50 ES Payment Shortfall 65,849.34~~ Structural Reporting Overcollateralization Target Amount 2,980,311.37 Overcollateralization Amount 2,980,311.37 Overcollateralization Deficiency Amount 0.00 Overcollateralization Reduction Amount ~~2,382,406~~0.4600 Excess Cash 1,~~331~~267,~~906~~839.0194 Senior Enhancement Percentage 7.~~202019~~265239% Overcollateralization Stepdown NO Trigger Event Reporting Cumulative Loss Trigger Trigger Result Pass Threshold Value 0.150000% Calculated Value 0.000000% Delinquency Trigger Trigger Result Pass Threshold Value 2.~~412676~~433855% Calculated Value 0.~~178455~~169121% Trigger Event Trigger Result Pass

Additional Reporting - Group Level Informational Reporting 1 Available Funds 7,~~060~~028,~~635~~477.1237 Principal Balance of MTA Mortgage Loans ~~382~~376,~~288~~680,~~811~~369.3859 Deferred Interest 1,~~115~~139,~~067~~888.7660 Net Deferred Interest 0.00 Class M-1 Apportioned Principal Balance 6,243,715.96 Class M-2 Apportioned Principal Balance 4,637,983.77 Class M-3 Apportioned Principal Balance 2,497,486.38 Class M-4 Apportioned Principal Balance 1,783,867.54 Class M-5 Apportioned Principal Balance 1,783,867.54 Class M-6 Apportioned Principal Balance 1,605,373.04 Class M-7 Apportioned Principal Balance 1,605,373.04 Class M-8 Apportioned Principal Balance 1,248,743.19 Class M-9 Apportioned Principal Balance 1,248,743.19 Class M-10 Apportioned Principal Balance 1,783,867.54 2 Available Funds 46,~~723~~067,~~948~~541.5243 Principal Balance of MTA Mortgage Loans ~~595~~591,~~357~~187,~~149~~650.9199 Deferred Interest 1,~~649~~707,~~173~~181.3337 Net Deferred Interest 0.00 Class M-1 Apportioned Principal Balance 11,141,284.04 Class M-2 Apportioned Principal Balance 8,276,016.23 Class M-3 Apportioned Principal Balance 4,456,513.62 Class M-4 Apportioned Principal Balance 3,183,132.46 Class M-5 Apportioned Principal Balance 3,183,132.46 Class M-6 Apportioned Principal Balance 2,864,626.96 Class M-7 Apportioned Principal Balance 2,864,626.96 Class M-8 Apportioned Principal Balance 2,228,256.81 Class M-9 Apportioned Principal Balance 2,228,256.81 Class M-10 Apportioned Principal Balance 3,183,132.46

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 617 0 0 0 617 26,~~183~~419,~~951~~171.9078 0.00 0.00 0.00 26,~~183~~419,~~951~~171.9078 60 Days 31 0 0 0 3 1 309,~~079,222~~065.7636 0.00 0.00 0.00 1309,~~079,222~~065.7636 90 Days 01 0 1 0 12 0415,577.0048 0.00 ~~649~~243,~~346~~828.2410 0.00 ~~649~~659,~~346~~405.2458 120 Days 0 0 01 0 01 0.00 0.00 0649,346.0024 0.00 0649,346.0024 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 919 0 12 0 1021 37,~~263~~143,~~174~~814.6662 0.00 ~~649~~893,~~346~~174.2434 0.00 38,~~912~~036,~~520~~988.9096 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 0.~~241449~~693312% 0.000000% 0.000000% 0.000000% 0.~~241449~~693312% 0.~~223896~~664738% 0.000000% 0.000000% 0.000000% 0.~~223896~~664738% 60 Days 0.~~120724~~040783% 0.000000% 0.000000% 0.000000% 0.~~120724~~040783% 0.~~110641~~032005% 0.000000% 0.000000% 0.000000% 0.~~110641~~032005% 90 Days 0.~~000000~~040783% 0.000000% 0.~~040241~~040783% 0.000000% 0.~~040241~~081566% 0.~~000000~~043035% 0.000000% 0.~~066570~~025250% 0.000000% 0.~~066570~~068285% 120 Days 0.000000% 0.000000% 0.~~000000~~040783% 0.000000% 0.~~000000~~040783% 0.000000% 0.000000% 0.~~000000~~067243% 0.000000% 0.~~000000~~067243% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~362173~~774878% 0.000000% 0.~~040241~~081566% 0.000000% 0.~~402414~~856444% 0.~~334537~~739779% 0.000000% 0.~~066570~~092493% 0.000000% 0.~~401107~~832272%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1021,~~533~~044.0353

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 411 0 0 0 411 13,~~208~~120,~~162~~763.4132 0.00 0.00 0.00 13,~~208~~120,~~162~~763.4132 60 Days 31 0 0 0 3 1 309,~~079,222~~065.7636 0.00 0.00 0.00 1309,~~079,222~~065.7636 90 Days 01 0 01 0 02 0415,577.0048 0.00 0243,828.0010 0.00 0659,405.0058 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 713 0 01 0 714 23,~~287~~845,~~385~~406.1716 0.00 0243,828.0010 0.00 24,~~287~~089,~~385~~234.1726 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~290065~~810612% 0.000000% 0.000000% 0.000000% 0.~~290065~~810612% 0.~~316758~~830402% 0.000000% 0.000000% 0.000000% 0.~~316758~~830402% 60 Days 0.~~217549~~073692% 0.000000% 0.000000% 0.000000% 0.~~217549~~073692% 0.~~282953~~082239% 0.000000% 0.000000% 0.000000% 0.~~282953~~082239% 90 Days 0.~~000000~~073692% 0.000000% 0.~~000000~~073692% 0.000000% 0.~~000000~~147384% 0.~~000000~~110581% 0.000000% 0.~~000000~~064880% 0.000000% 0.~~000000~~175461% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~507614~~957996% 0.000000% 0.~~000000~~073692% 0.000000% 01.~~507614~~031688% 01.~~599711~~023222% 0.000000% 0.~~000000~~064880% 0.000000% 01.~~599711~~088102% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 26 0 0 0 26 ~~975~~3,~~789~~298,408.4946 0.00 0.00 0.00 ~~975~~3,~~789~~298,408.4946 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 10 0 10 0.00 0.00 ~~649,346~~0.2400 0.00 ~~649,346~~0.2400 120 Days 0 0 01 0 01 0.00 0.00 0649,346.0024 0.00 0649,346.0024 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 26 0 1 0 37 ~~975~~3,~~789~~298,408.4946 0.00 649,346.24 0.00 13,~~625~~947,~~135~~754.7370 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~180832~~547945% 0.000000% 0.000000% 0.000000% 0.~~180832~~547945% 0.~~164270~~559189% 0.000000% 0.000000% 0.000000% 0.~~164270~~559189% 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.~~090416~~000000% 0.000000% 0.~~090416~~000000% 0.000000% 0.000000% 0.~~109315~~000000% 0.000000% 0.~~109315~~000000% 120 Days 0.000000% 0.000000% 0.~~000000~~091324% 0.000000% 0.~~000000~~091324% 0.000000% 0.000000% 0.~~000000~~110086% 0.000000% 0.~~000000~~110086% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~180832~~547945% 0.000000% 0.~~090416~~091324% 0.000000% 0.~~271248~~639269% 0.~~164270~~559189% 0.000000% 0.~~109315~~110086% 0.000000% 0.~~273584~~669275%

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 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current REO Total ~~Oct~~Nov-05 0.000% Loans in REO 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current REO Total ~~Oct~~Nov-05 0.000% Loans in REO 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current REO Total ~~Oct~~Nov-05 0.000% Loans in REO 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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 1 ~~Jun~~Jul-05 0.000% Original Principal Balance ~~648~~242,~~000~~400.00 ~~Jul~~Aug-05 0.000% Current Actual Balance ~~649~~243,~~346~~828.2410 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 12 ~~Nov~~Dec-05 0.000% Original Principal Balance ~~648~~890,~~000~~400.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance ~~649~~893,~~346~~174.2434 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.~~000~~067% ~~May~~Jun-06 0.~~067~~092% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 01 ~~Jun~~Jul-05 0.000% Original Principal Balance 0242,400.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0243,828.0010 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 01 ~~Nov~~Dec-05 0.000% Original Principal Balance 0242,400.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0243,828.0010 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-06 0.~~000~~065% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 ~~Jun~~Jul-05 0.000% Original Principal Balance ~~648,000~~0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance ~~649,346~~0.2400 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 1 ~~Nov~~Dec-05 0.000% Original Principal Balance 648,000.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 649,346.24 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.~~000~~109% ~~May~~Jun-06 0.~~109~~110% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance 1 9041914235 Jun-2006 01-Nov-2005 CA 80.00 242,400.00 2 9041905191 May-2006 01-Nov-2005 CA 80.00 648,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Actual To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest 1 9041914235 243,828.10 01-Feb-2006 3 6.861% 3,898.03 2 9041905191 649,346.24 01-Jan-2006 34 7.~~188~~311% 711,~~345~~138.6943

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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. 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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. 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~Jun~~Jul-05 0.000% Original Principal Balance 0.00 ~~Jul~~Aug-05 0.000% Current Actual Balance 0.00 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 0 ~~Nov~~Dec-05 0.000% Original Principal Balance 0.00 ~~Dec~~Jan-0506 0.000% Current Actual Balance 0.00 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.000% ~~May~~Jun-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.

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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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. 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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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. 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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A 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 Jun-2006 0.000% N/A Jun-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 1 2422 6,~~444~~344,~~008~~950.00 6,~~477~~399,~~627~~487.4967 0 0.00 0.00 2 911 45,~~197~~504,~~000~~492.00 45,~~212~~539,~~977~~142.9561 0 0.00 0.00 Total 33 1011,~~641~~849,~~008~~442.00 1011,~~690~~938,~~605~~630.4428 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 1 0 0.00 0.00 0 0.00 0.00 ~~296~~330,~~678~~075.4874 2 0 0.00 0.00 0 0.00 0.00 ~~328~~322,~~949~~921.5466 Total 0 0.00 0.00 0 0.00 0.00 ~~625~~652,~~628~~997.0240

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 ~~9041846379~~9032826018 CA 8046.0070 01-Oct-2005 ~~260~~290,000.00 ~~262~~293,~~157~~352.5824 1 ~~9041898180~~9032827289 CA 6760.8918 01-Nov-2005 ~~118~~340,~~800~~000.00 ~~120~~343,~~005~~678.3248 1 ~~9041899568~~9032827305 CA 6378.4398 01-~~Nov~~Oct-2005 ~~333~~233,000.00 ~~336~~237,~~457~~656.5076 1 ~~9041904442~~9032831877 CA 7170.7200 01-Nov-2005 ~~208~~312,~~000~~900.00 ~~210~~315,~~785~~565.7274 1 ~~9041904533~~9041748070 CA 7280.7300 01-~~Dec~~Oct-2005 ~~200~~320,000.00 ~~202~~326,~~166~~312.52 1 ~~9041914896~~9041800327 CA 5675.0700 01-Nov-2005 ~~157~~393,~~000~~750.00 ~~154~~399,~~320~~351.5207 1 ~~9041921545~~9041834383 CA 8065.00 01-~~Nov~~Oct-2005 ~~200~~260,000.00 ~~203~~263,~~684~~339.3142 1 ~~9041923442~~9041841669 NJAZ 8075.00 01-~~Dec~~Oct-2005 ~~400~~195,000.00 ~~405~~195,~~404~~286.7886 1 ~~9041936170~~9041930785 CA 8075.00 01-Dec-2005 ~~264~~157,~~000~~500.00 ~~266~~159,~~748~~682.1972 1 ~~9041936956~~9041932526 CA 6066.6367 01-Nov-2005 ~~385~~400,000.00 ~~390~~407,~~156~~717.3287 1 ~~9041958851~~9041935560 CA 1342.2536 01-Dec-2005 ~~155~~269,000.00 ~~157~~272,~~290~~702.2141 1 ~~9041986779~~9041955105 CA 4461.4415 01-Dec-2005 ~~180~~266,000.00 ~~180~~268,~~720~~673.0830 1 ~~9041992660~~9041964222 CA 6050.4600 01-Dec-2005 ~~237~~225,000.00 ~~240~~229,~~546~~192.7744 1 ~~9041996612~~9041972878 NVCA 8460.7400 01-~~Feb~~Dec-~~2006~~2005 ~~241~~328,~~500~~800.00 ~~242~~333,~~659~~323.6075 1 ~~9042002576~~9041986647 CA 80.00 01-Jan-2006 ~~200~~400,000.00 ~~201~~403,~~254~~037.8136 1 ~~9042003525~~9041991589 CA 74.0059 01-Dec-2005 ~~370~~317,000.00 ~~373~~320,~~982~~987.1613 1 ~~9042029942~~9042002287 CA 6044.0050 01-~~Jan~~Feb-2006 ~~264~~178,000.00 ~~265~~179,~~733~~573.5358 1 ~~9042033845~~9042025718 CA 7667.0089 01-Jan-2006 ~~307~~258,~~800~~000.00 ~~310~~260,~~158~~519.0207 1 ~~9042043083~~9042044032 CA 7348.7625 01-Jan-2006 ~~346~~345,~~658~~000.00 ~~347~~349,~~488~~912.0339 1 ~~9042044156~~9042058339 CA 7526.0067 01-Jan-2006 ~~300~~120,000.00 ~~302~~121,~~419~~217.1724 1 ~~9042048215~~9042060533 CA 6280.1500 01-Feb-2006 ~~404~~344,000.00 ~~405~~344,~~686~~237.7772 1 ~~9042055095~~9042078345 CA 7379.7419 01-Feb-2006 ~~281~~392,~~250~~000.00 ~~282~~392,~~651~~934.6758 12 ~~9042092007~~9041885575 CA 6460.9200 01-~~Feb~~Nov-~~2006~~2005 ~~167~~420,~~500~~000.00 ~~168~~428,~~963~~626.3460 12 ~~9042118208~~9041897729 CA 6176.8047 01-~~Mar~~Dec-~~2006~~2005 ~~463~~650,~~500~~000.00 ~~465~~647,~~453~~798.7256 2 ~~9041806100~~9041910852 CA 7975.4900 01-~~Oct~~Nov-2005 ~~500~~660,000.00 ~~505~~660,~~527~~516.9601 2 ~~9041834375~~9041913799 CA 74.2687 01-~~Jan~~Nov-~~2006~~2005 ~~505~~423,000.00 ~~510~~428,~~205~~911.2702 2 ~~9041871864~~9041930728 CA 9080.00 01-Nov-2005 ~~562~~428,~~500~~000.00 ~~565~~436,~~311~~617.2807 2 ~~9041894601~~9041944596 CA 9574.0017 01-Dec-2005 ~~361~~725,000.00 ~~362~~730,~~414~~441.8334 2 ~~9041895434~~9041954421 CA 8862.7708 01-~~Nov~~Dec-2005 ~~454~~460,~~500~~000.00 ~~454~~468,~~550~~688.7386 2 ~~9041963265~~9042010751 NVCA 7765.7852 01-Jan-2006 ~~210~~570,000.00 ~~210~~574,~~126~~547.7750 2 ~~9041968520~~9042030973 CA 7075.4200 01-~~Dec~~Jan-~~2005~~2006 ~~500~~520,~~000~~500.00 ~~506~~525,~~445~~340.3611 2 ~~9042060145~~9042035444 CA 80.00 01-~~Feb~~Jan-2006 ~~612~~299,~~000~~992.00 ~~614~~301,~~659~~329.3731 2 ~~9042114025~~9042035675 CA 80.00 01-~~Mar~~Jan-2006 ~~492~~348,000.00 ~~494~~350,~~321~~942.0325

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 ~~9041846379~~9032826018 Loan Paid in Full 0(1) 6.~~688~~411% 360 78 1 ~~9041898180~~9032827289 Loan Paid in Full 0 76.~~338~~511% 360 67 1 ~~9041899568~~9032827305 Loan Paid in Full 0 7.~~088~~361% ~~360~~480 68 1 ~~9041904442~~9032831877 Loan Paid in Full 0 76.~~338~~361% 360 67 1 ~~9041904533~~9041748070 Loan Paid in Full 0 76.~~288~~811% ~~360~~480 58 1 ~~9041914896~~9041800327 Loan Paid in Full 0 7.~~138~~561% ~~360~~480 67 1 ~~9041921545~~9041834383 Loan Paid in Full 0 7.~~488~~211% ~~480~~360 68 1 ~~9041923442~~9041841669 Loan Paid in Full 0 7.~~388~~211% ~~480~~360 58 1 ~~9041936170~~9041930785 Loan Paid in Full ~~(1)~~0 7.~~188~~411% 360 56 1 ~~9041936956~~9041932526 Loan Paid in Full 0 7.~~338~~361% ~~360~~480 67 1 ~~9041958851~~9041935560 Loan Paid in Full ~~(1)~~0 7.~~588~~611% ~~480~~360 56 1 ~~9041986779~~9041955105 Loan Paid in Full 0(1) 67.~~888~~411% 360 56 1 ~~9041992660~~9041964222 Loan Paid in Full 0 7.~~438~~511% 480 56 1 ~~9041996612~~9041972878 Loan Paid in Full ~~(1)~~0 7.~~188~~711% ~~480~~360 36 1 ~~9042002576~~9041986647 Loan Paid in Full 0 6.~~838~~661% 360 45 1 ~~9042003525~~9041991589 Loan Paid in Full 0 7.~~388~~211% 360 56 1 ~~9042029942~~9042002287 Loan Paid in Full (1) 7.~~838~~611% ~~480~~360 4 1 ~~9042033845~~9042025718 Loan Paid in Full 0 7.~~088~~561% ~~360~~480 45 1 ~~9042043083~~9042044032 Loan Paid in Full 0 7.~~038~~211% 480 45 1 ~~9042044156~~9042058339 Loan Paid in Full ~~(1)~~0 7.~~188~~111% 360 45 1 ~~9042048215~~9042060533 Loan Paid in Full 0 7.~~438~~161% 360 34 1 ~~9042055095~~9042078345 Loan Paid in Full 0 7.~~238~~161% 360 34 12 ~~9042092007~~9041885575 Loan Paid in Full ~~(1)~~0 7.~~438~~511% 480 37 12 ~~9042118208~~9041897729 Loan Paid in Full 0 6.~~988~~361% ~~480~~360 26 2 ~~9041806100~~9041910852 Loan Paid in Full 0 76.~~088~~111% 360 7 2 ~~9041834375~~9041913799 Loan Paid in Full 0 67.~~938~~461% ~~480~~360 47 2 ~~9041871864~~9041930728 Loan Paid in Full 0 67.~~188~~261% ~~360~~480 67 2 ~~9041894601~~9041944596 Loan Paid in Full 0 6.~~138~~161% 360 56 2 ~~9041895434~~9041954421 Loan Paid in Full 10 7.~~088~~561% ~~360~~480 6 2 ~~9041963265~~9042010751 Loan Paid in Full ~~(1)~~0 76.~~088~~711% ~~480~~360 45 2 ~~9041968520~~9042030973 Loan Paid in Full ~~(1)~~0 76.~~138~~911% ~~480~~360 5 2 ~~9042060145~~9042035444 Loan Paid in Full ~~(1)~~0 67.~~688~~161% ~~360~~480 35 2 ~~9042114025~~9042035675 Loan Paid in Full 0 76.~~138~~711% ~~480~~360 25

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 1.~~147~~288% Current Month 1214.~~931~~403% Current Month 1,~~405~~287.~~855~~720% 3 Month Average 01.~~000~~142% 3 Month Average 012.~~000~~866% 3 Month Average 01,419.~~000~~619% 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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 11.266% N/A Apr-2006 1,565.282% N/A May-2006 12.931% N/A May-2006 1,405.855% N/A Jun-2006 14.403% N/A Jun-2006 1,287.720% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 SMM CPR PSA Current Month 1.~~746~~760% Current Month 19.~~053~~191% Current Month 21,~~043~~697.~~876~~684% 3 Month Average 01.~~000~~653% 3 Month Average 018.~~000~~120% 3 Month Average 01,981.~~000~~300% 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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 16.116% N/A Apr-2006 2,202.340% N/A May-2006 19.053% N/A May-2006 2,043.876% N/A Jun-2006 19.191% N/A Jun-2006 1,697.684% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 0.~~759~~984% Current Month 811.~~736~~192% Current Month ~~958~~1,007.~~103~~528% 3 Month Average 0.~~000~~811% 3 Month Average 09.~~000~~296% 3 Month Average 01,027.~~000~~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. ~~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 N/A N/A Feb-2006 N/A N/A Mar-2006 N/A N/A Mar-2006 N/A N/A Apr-2006 7.959% N/A Apr-2006 1,117.888% N/A May-2006 8.736% N/A May-2006 958.103% N/A Jun-2006 11.192% N/A Jun-2006 1,007.528% 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 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 1.000 0 0.00 0.000 0 0.00 0.000 1.000 1.499 0 0.00 0.000 0 0.00 0.000 1.500 1.999 0 0.00 0.000 0 0.00 0.000 2.000 2.499 0 0.00 0.000 0 0.00 0.000 2.500 2.999 0 0.00 0.000 0 0.00 0.000 3.000 3.499 0 0.00 0.000 0 0.00 0.000 3.500 3.999 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 0 0.00 0.000 0 0.00 0.000 5.000 5.499 0 0.00 0.000 0 0.00 0.000 5.500 5.999 80 ~~2,647,359~~0.7100 0.~~271~~000 20 ~~336,006~~0.4200 0.~~088~~000 6.000 6.499 ~~328~~183 ~~147~~84,~~293~~917,~~358~~982.5994 158.~~066~~774 ~~116~~62 3217,~~938~~442,~~326~~983.1933 84.~~616~~631 6.500 6.999 ~~835~~717 ~~347~~308,~~485~~008,~~789~~542.5882 3531.~~543~~823 ~~408~~309 ~~113~~87,~~975~~163,~~384~~528.9816 2923.~~814~~140 7.000 7.499 1,~~172~~152 ~~438~~432,~~184~~800,~~381~~477.2418 44.~~820~~717 ~~730~~700 ~~203~~193,~~111~~703,~~506~~851.1129 5351.~~130~~424 7.500 7.999 ~~141~~394 41140,~~896~~921,~~413~~815.6033 414.~~285~~560 ~~122~~280 3177,~~788~~150,~~929~~804.1150 820.~~315~~482 >= 8.000 16 ~~138~~1,~~658~~219,202.5731 0.~~014~~126 16 ~~138~~1,~~658~~219,202.5731 0.~~036~~324 Total 2,~~485~~452 ~~977~~967,~~645~~868,~~961~~020.2958 100.000 1,~~379~~357 ~~382~~376,~~288~~680,~~811~~369.3859 100.000

Interest Rate Stratification (continued) 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 1.000 0 0.00 0.000 1.000 1.499 0 0.00 0.000 1.500 1.999 0 0.00 0.000 2.000 2.499 0 0.00 0.000 2.500 2.999 0 0.00 0.000 3.000 3.499 0 0.00 0.000 3.500 3.999 0 0.00 0.000 4.000 4.499 0 0.00 0.000 4.500 4.999 0 0.00 0.000 5.000 5.499 0 0.00 0.000 5.500 5.999 60 ~~2,311,353~~0.2900 0.~~388~~000 6.000 6.499 ~~212~~121 ~~114~~67,~~355~~474,~~032~~999.4061 1911.~~208~~413 6.500 6.999 ~~427~~408 ~~233~~220,~~510~~845,~~404~~014.6066 3937.~~222~~356 7.000 7.499 ~~442~~452 ~~235~~239,~~072~~096,~~875~~625.1389 3940.~~484~~443 7.500 7.999 19114 1063,~~107~~771,~~484~~010.4983 110.~~698~~787 >= 8.000 0 0.00 0.000 Total 1,~~106~~095 ~~595~~591,~~357~~187,~~149~~650.9199 100.000

Filing Compare · DSLA MORTGAGE LOAN TRUST 2006-AR1