10-D 1 mab06nc1_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 26, 2006 to June 26, 2006 Commission File Number of issuing entity: 333-124678-18 MASTR Asset Backed Securities Trust 2006-NC1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-124678 Mortgage Asset Securitization Transactions, Inc. (Exact name of depositor as specified in its charter) UBS Real Estate Securities Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2195489 54-2195490 54-2195491 54-2195492 54-2195493 54-2195494 54-6703528 (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-2 _____ _____ __X___ ____________ A-3 _____ _____ __X___ ____________ A-4 _____ _____ __X___ ____________ CE _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-10 _____ _____ __X___ ____________ M-11 _____ _____ __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___ ____________ RX _____ _____ __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 26, 2006 a distribution was made to holders of MASTR Asset Backed Securities Trust 2006-NC1. 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 MASTR Asset Backed Securities Trust 2006-NC1, relating to the June 26, 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. MASTR Asset Backed Securities Trust 2006-NC1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Beth Belfield Beth Belfield, Officer Date: July 3, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of MASTR Asset Backed Securities Trust 2006-NC1, relating to the June 26, 2006 distribution. EX-99.1 MASTR Asset Backed Securities Mortgage Pass-Through Certificates Distribution Date: 6/26/2006 MASTR Asset Backed Securities Mortgage Pass-Through Certificates Series 2006-NC1 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 57643LNC6 5.~~03938~~16125% ~~345~~330,~~858~~324,~~115~~955.9100 1,~~452~~515,~~425~~457.3949 A-2 57643LND4 5.~~09938~~22125% 119,500,000.00 ~~507~~554,~~813~~612.2678 A-3 57643LNE2 5.~~14938~~27125% 162,250,000.00 ~~696~~760,~~239~~231.0939 A-4 57643LNF9 5.~~25938~~38125% 55,733,000.00 ~~244~~266,~~267~~589.52 M-1 57643LNG7 5.~~33938~~46125% 32,030,000.00 ~~142~~155,~~516~~487.9586 M-2 57643LNH5 5.~~36938~~49125% 29,285,000.00 ~~131~~142,~~035~~943.2434 M-3 57643LNJ1 5.~~38938~~51125% 16,930,000.00 7682,~~035~~938.1719 M-4 57643LNK8 5.~~51938~~64125% 16,015,000.00 7380,~~660~~306.7333 M-5 57643LNL6 5.~~54938~~67125% 14,185,000.00 6571,~~598~~508.3016 M-6 57643LNM4 5.~~64938~~77125% 13,727,000.00 6470,~~624~~419.2051 M-7 57643LNN2 6.~~18938~~31125% 12,812,000.00 6671,~~081~~875.9532 M-8 57643LNP7 6.~~35938~~48125% 11,897,000.00 6368,~~047~~539.9594 M-9 57643LNQ5 7.~~45938~~58125% 7,778,000.00 4852,~~349~~415.2108 M-10 57643LNR3 7.~~45938~~58125% 6,863,000.00 4246,~~661~~248.4499 M-11 57643LNS1 7.~~45938~~58125% 4,575,000.00 2830,~~438~~830.8942 RX MAB6NC1RX 0.00000% 0.00 0.00 CE MAB6NC1CE 0.00000% 26,082,308.52 1,~~665~~629,~~165~~404.9717 P MAB6NC1P0 0.00000% 100.00 ~~277~~217,~~715~~839.8524 R MAB6NC1R0 0.00000% 0.00 0.00 Totals ~~875~~859,~~520~~987,~~524~~363.4352 5,~~645~~817,~~677~~647.1173

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 1512,~~533~~336,~~160~~035.9129 0.00 ~~330~~317,~~324~~988,~~955~~919.0071 1613,~~985~~851,~~586~~492.3078 0.00 A-2 0.00 0.00 119,500,000.00 ~~507~~554,~~813~~612.2678 0.00 A-3 0.00 0.00 162,250,000.00 ~~696~~760,~~239~~231.0939 0.00 A-4 0.00 0.00 55,733,000.00 ~~244~~266,~~267~~589.52 0.00 M-1 0.00 0.00 32,030,000.00 ~~142~~155,~~516~~487.9586 0.00 M-2 0.00 0.00 29,285,000.00 ~~131~~142,~~035~~943.2434 0.00 M-3 0.00 0.00 16,930,000.00 7682,~~035~~938.1719 0.00 M-4 0.00 0.00 16,015,000.00 7380,~~660~~306.7333 0.00 M-5 0.00 0.00 14,185,000.00 6571,~~598~~508.3016 0.00 M-6 0.00 0.00 13,727,000.00 6470,~~624~~419.2051 0.00 M-7 0.00 0.00 12,812,000.00 6671,~~081~~875.9532 0.00 M-8 0.00 0.00 11,897,000.00 6368,~~047~~539.9594 0.00 M-9 0.00 0.00 7,778,000.00 4852,~~349~~415.2108 0.00 M-10 0.00 0.00 6,863,000.00 4246,~~661~~248.4499 0.00 M-11 0.00 0.00 4,575,000.00 2830,~~438~~830.8942 0.00 RX 0.00 0.00 0.00 0.00 0.00 CE 0.00 0.00 26,082,308.52 1,~~665~~629,~~165~~404.9717 0.00 P 0.00 0.00 100.00 ~~277~~217,~~715~~839.8524 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 1512,~~533~~336,~~160~~035.9129 0.00 ~~859~~847,~~987~~651,~~363~~328.5223 2118,~~178~~153,~~838~~683.02 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-1 385,500,000.00 ~~345~~330,~~858~~324,~~115~~955.9100 0.00 1512,~~533~~336,~~160~~035.9129 0.00 0.00 A-2 119,500,000.00 119,500,000.00 0.00 0.00 0.00 0.00 A-3 162,250,000.00 162,250,000.00 0.00 0.00 0.00 0.00 A-4 55,733,000.00 55,733,000.00 0.00 0.00 0.00 0.00 M-1 32,030,000.00 32,030,000.00 0.00 0.00 0.00 0.00 M-2 29,285,000.00 29,285,000.00 0.00 0.00 0.00 0.00 M-3 16,930,000.00 16,930,000.00 0.00 0.00 0.00 0.00 M-4 16,015,000.00 16,015,000.00 0.00 0.00 0.00 0.00 M-5 14,185,000.00 14,185,000.00 0.00 0.00 0.00 0.00 M-6 13,727,000.00 13,727,000.00 0.00 0.00 0.00 0.00 M-7 12,812,000.00 12,812,000.00 0.00 0.00 0.00 0.00 M-8 11,897,000.00 11,897,000.00 0.00 0.00 0.00 0.00 M-9 7,778,000.00 7,778,000.00 0.00 0.00 0.00 0.00 M-10 6,863,000.00 6,863,000.00 0.00 0.00 0.00 0.00 M-11 4,575,000.00 4,575,000.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 0.00 CE 26,088,620.00 26,082,308.52 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 915,168,720.00 ~~875~~859,~~520~~987,~~524~~363.4352 0.00 1512,~~533~~336,~~160~~035.9129 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 1512,~~533~~336,~~160~~035.9129 ~~330~~317,~~324~~988,~~955~~919.0071 0.~~85687407~~82487398 1512,~~533~~336,~~160~~035.9129 A-2 0.00 119,500,000.00 1.00000000 0.00 A-3 0.00 162,250,000.00 1.00000000 0.00 A-4 0.00 55,733,000.00 1.00000000 0.00 M-1 0.00 32,030,000.00 1.00000000 0.00 M-2 0.00 29,285,000.00 1.00000000 0.00 M-3 0.00 16,930,000.00 1.00000000 0.00 M-4 0.00 16,015,000.00 1.00000000 0.00 M-5 0.00 14,185,000.00 1.00000000 0.00 M-6 0.00 13,727,000.00 1.00000000 0.00 M-7 0.00 12,812,000.00 1.00000000 0.00 M-8 0.00 11,897,000.00 1.00000000 0.00 M-9 0.00 7,778,000.00 1.00000000 0.00 M-10 0.00 6,863,000.00 1.00000000 0.00 M-11 0.00 4,575,000.00 1.00000000 0.00 RX 0.00 0.00 0.00000000 0.00 CE 0.00 26,082,308.52 0.99975808 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 1512,~~533~~336,~~160~~035.9129 ~~859~~847,~~987~~651,~~363~~328.5223 0.~~93970362~~92622410 1512,~~533~~336,~~160~~035.9129

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 385,500,000.00 ~~897~~856.~~16761585~~87407263 0.00000000 4032.~~29354322~~00009154 0.00000000 A-2 119,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 162,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 55,733,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 32,030,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 29,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 16,930,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 16,015,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 14,185,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 13,727,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 12,812,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 11,897,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 7,778,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 6,863,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-11 4,575,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 CE 26,088,620.00 999.75807536 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 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 A-1 0.00000000 4032.~~29354322~~00009154 ~~856~~824.~~87407263~~87398109 0.~~85687407~~82487398 4032.~~29354322~~00009154 A-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 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 M-11 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CE 0.00000000 0.00000000 999.75807536 0.99975808 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All Classes 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 A-1 0405/25/06 - 0506/2425/06 3032 5.~~03938~~16125% ~~345~~330,~~858~~324,~~115~~955.9100 1,~~452~~515,~~425~~457.3949 0.00 A-2 0405/25/06 - 0506/2425/06 3032 5.~~09938~~22125% 119,500,000.00 ~~507~~554,~~813~~612.2678 0.00 A-3 0405/25/06 - 0506/2425/06 3032 5.~~14938~~27125% 162,250,000.00 ~~696~~760,~~239~~231.0939 0.00 A-4 0405/25/06 - 0506/2425/06 3032 5.~~25938~~38125% 55,733,000.00 ~~244~~266,~~267~~589.52 0.00 M-1 0405/25/06 - 0506/2425/06 3032 5.~~33938~~46125% 32,030,000.00 ~~142~~155,~~516~~487.9586 0.00 M-2 0405/25/06 - 0506/2425/06 3032 5.~~36938~~49125% 29,285,000.00 ~~131~~142,~~035~~943.2434 0.00 M-3 0405/25/06 - 0506/2425/06 3032 5.~~38938~~51125% 16,930,000.00 7682,~~035~~938.1719 0.00 M-4 0405/25/06 - 0506/2425/06 3032 5.~~51938~~64125% 16,015,000.00 7380,~~660~~306.7333 0.00 M-5 0405/25/06 - 0506/2425/06 3032 5.~~54938~~67125% 14,185,000.00 6571,~~598~~508.3016 0.00 M-6 0405/25/06 - 0506/2425/06 3032 5.~~64938~~77125% 13,727,000.00 6470,~~624~~419.2051 0.00 M-7 0405/25/06 - 0506/2425/06 3032 6.~~18938~~31125% 12,812,000.00 6671,~~081~~875.9532 0.00 M-8 0405/25/06 - 0506/2425/06 3032 6.~~35938~~48125% 11,897,000.00 6368,~~047~~539.9594 0.00 M-9 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 7,778,000.00 4852,~~349~~415.2108 ~~661~~1,768.0162 M-10 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 6,863,000.00 4246,~~661~~248.4499 ~~583~~1,560.2556 M-11 0405/25/06 - 0506/2425/06 3032 7.~~45938~~58125% 4,575,000.00 2830,~~438~~830.8942 ~~388~~1,040.8030 RX N/A N/A 0.00000% 0.00 0.00 0.00 CE N/A N/A 0.00000% ~~875~~859,~~520~~987,~~524~~363.4352 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 Totals 3,~~702~~970,~~795~~404.2932 14,~~633~~369.0648

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 1,~~452~~515,~~425~~457.3949 0.00 ~~330~~317,~~324~~988,~~955~~919.0071 A-2 0.00 0.00 ~~507~~554,~~813~~612.2678 0.00 119,500,000.00 A-3 0.00 0.00 ~~696~~760,~~239~~231.0939 0.00 162,250,000.00 A-4 0.00 0.00 ~~244~~266,~~267~~589.52 0.00 55,733,000.00 M-1 0.00 0.00 ~~142~~155,~~516~~487.9586 0.00 32,030,000.00 M-2 0.00 0.00 ~~131~~142,~~035~~943.2434 0.00 29,285,000.00 M-3 0.00 0.00 7682,~~035~~938.1719 0.00 16,930,000.00 M-4 0.00 0.00 7380,~~660~~306.7333 0.00 16,015,000.00 M-5 0.00 0.00 6571,~~598~~508.3016 0.00 14,185,000.00 M-6 0.00 0.00 6470,~~624~~419.2051 0.00 13,727,000.00 M-7 0.00 0.00 6671,~~081~~875.9532 0.00 12,812,000.00 M-8 0.00 0.00 6368,~~047~~539.9594 0.00 11,897,000.00 M-9 ~~661~~1,768.0162 0.00 4852,~~349~~415.2108 0.00 7,778,000.00 M-10 ~~583~~1,560.2556 0.00 4246,~~661~~248.4499 0.00 6,863,000.00 M-11 ~~388~~1,040.8030 0.00 2830,~~438~~830.8942 0.00 4,575,000.00 RX 0.00 0.00 0.00 0.00 0.00 CE 0.00 0.00 1,~~665~~629,~~165~~404.9717 0.00 ~~859~~847,~~987~~651,~~363~~328.5223 P 0.00 0.00 ~~277~~217,~~715~~839.8524 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 14,~~633~~369.0648 0.00 5,~~645~~817,~~677~~647.1173 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-1 385,500,000.00 5.~~03938~~16125% ~~897~~856.~~16761585~~87407263 3.~~76764044~~93114783 0.00000000 A-2 119,500,000.00 5.~~09938~~22125% 1000.00000000 4.~~24948335~~64111113 0.00000000 A-3 162,250,000.00 5.~~14938~~27125% 1000.00000000 4.~~29115002~~68555556 0.00000000 A-4 55,733,000.00 5.~~25938~~38125% 1000.00000000 4.~~38281664~~78333339 0.00000000 M-1 32,030,000.00 5.~~33938~~46125% 1000.00000000 4.~~44948330~~85444458 0.00000000 M-2 29,285,000.00 5.~~36938~~49125% 1000.00000000 4.~~47448318~~88111115 0.00000000 M-3 16,930,000.00 5.~~38938~~51125% 1000.00000000 4.~~49115003~~89888895 0.00000000 M-4 16,015,000.00 5.~~51938~~64125% 1000.00000000 45.~~59948361~~01444458 0.00000000 M-5 14,185,000.00 5.~~54938~~67125% 1000.00000000 45.~~62448361~~04111103 0.00000000 M-6 13,727,000.00 5.~~64938~~77125% 1000.00000000 45.~~70781671~~13000000 0.00000000 M-7 12,812,000.00 6.~~18938~~31125% 1000.00000000 5.~~15781689~~61000000 0.00000000 M-8 11,897,000.00 6.~~35938~~48125% 1000.00000000 5.~~29948306~~76111120 0.00000000 M-9 7,778,000.00 7.~~45938~~58125% 1000.00000000 6.~~21614940~~73888917 0.~~08498457~~22738750 M-10 6,863,000.00 7.~~45938~~58125% 1000.00000000 6.~~21615037~~73888824 0.~~08498470~~22738744 M-11 4,575,000.00 7.~~45938~~58125% 1000.00000000 6.~~21615082~~73888962 0.~~08498361~~22738798 RX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 CE 26,088,620.00 0.00000% ~~33559~~32964.~~48012697~~08025875 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 R 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 A-1 0.00000000 0.00000000 3.~~76764044~~93114783 0.00000000 ~~856~~824.~~87407263~~87398109 A-2 0.00000000 0.00000000 4.~~24948335~~64111113 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 4.~~29115002~~68555556 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 4.~~38281664~~78333339 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 4.~~44948330~~85444458 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.~~47448318~~88111115 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.~~49115003~~89888895 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 45.~~59948361~~01444458 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 45.~~62448361~~04111103 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 45.~~70781671~~13000000 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 5.~~15781689~~61000000 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 5.~~29948306~~76111120 0.00000000 1000.00000000 M-9 0.~~08498457~~22738750 0.00000000 6.~~21614940~~73888917 0.00000000 1000.00000000 M-10 0.~~08498470~~22738744 0.00000000 6.~~21615037~~73888824 0.00000000 1000.00000000 M-11 0.~~08498361~~22738798 0.00000000 6.~~21615082~~73888962 0.00000000 1000.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CE 0.00000000 0.00000000 6362.~~82729213~~45651054 0.00000000 ~~32964~~32491.~~08025875~~22905811 P 0.00000000 0.00000000 ~~2777158~~2178392.~~50000000~~40000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All Classes Are Per $1,000 Denomination

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2017,~~368~~007,~~038~~942.6640 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances ~~694~~753,~~447~~325.6886 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~277~~217,~~715~~839.8524 Swap/Cap Payments ~~212~~541,~~556~~861.0679 Total Deposits 2118,~~552~~520,~~758~~969.2529 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees ~~373~~367,~~920~~286.2327 Payment of Interest and Principal 2118,~~178~~153,~~838~~683.02 Total Withdrawals (Pool Distribution Amount) 2118,~~552~~520,~~758~~969.2529 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest. NOTE: Swap/Cap Payments are listed below

ADMINISTRATION FEES Gross Servicing Fee* ~~364~~358,~~800~~328.2207 Credit Risk Manager Fee - Clayton Fixed Income Services 98,~~120~~958.0120 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~373~~367,~~920~~286.2327 *Servicer Payees include: WELLS FARGO BANK, N.A.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Net WAC Carryover Reserve Fund 0.00 14,~~633~~369.0649 14,~~633~~369.0649 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) SWAP Account - Swiss RE Financial 3,~~668~~926,~~126~~324.8978 3,~~455~~384,~~570~~462.8399 ~~212~~541,~~556~~861.0679

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~578819~~571418% Weighted Average Net Coupon 7.~~078819~~071418% Weighted Average Pass-Through Rate 7.~~066319~~058918% Weighted Average Remaining Term ~~353~~352 Beginning Scheduled Collateral Loan Count 4,~~640~~569 Number Of Loans Paid In Full 7155 Ending Scheduled Collateral Loan Count 4,~~569~~514 Beginning Scheduled Collateral Balance ~~875~~859,~~520~~987,~~524~~363.4352 Ending Scheduled Collateral Balance ~~859~~847,~~987~~651,~~363~~328.5223 Ending Actual Collateral Balance at 3031-~~Apr~~May-2006 ~~860~~848,~~500~~174,~~398~~390.0444 Monthly P&I Constant 65,~~006~~898,~~965~~702.5222 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~277~~217,~~715~~839.8524 Prepayment Penalty Paid Count * Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~477~~472,~~455~~599.6920 Unscheduled Principal 1511,~~055~~863,~~705~~436.2209 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 26,082,308.52 Overcollateralized Amount 26,082,308.52 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Extra ~~Principal~~principal ~~Distribution~~distribution Amount 0.00 Excess Cash Amount 1,~~666~~633,~~799~~773.0365 * This data is currently not provided for reporting.

Group Level Collateral Statement Group Group One Group Two Collateral Description Mixed Fixed Mixed ARM Weighted Average Coupon Rate 7.~~540045~~531872 7.~~728347~~722094 Weighted Average Net Rate 7.~~040045~~031872 7.~~228347~~222094 Pass-Through Rate 7.~~027545~~019372 7.~~215847~~209594 Weighted Average Remaining Term ~~355~~354 ~~346~~345 Record Date 0405/3031/2006 0405/3031/2006 Principal And Interest Constant 4,~~693~~596,~~760~~081.3772 1,~~313~~302,~~205~~620.1550 Beginning Loan Count 3,~~209~~150 1,~~431~~419 Loans Paid in Full 5948 127 Ending Loan Count 3,~~150~~102 1,~~419~~412 Beginning Scheduled Balance ~~695~~681,~~237~~202,~~611~~943.0647 ~~180~~178,~~282~~784,~~913~~420.3705 Ending Scheduled Balance ~~681~~670,~~202~~259,~~943~~409.4717 ~~178~~177,~~784~~391,~~420~~919.0506 Scheduled Principal ~~325~~320,~~324~~470.6145 152,~~131~~128.0875 Unscheduled Principal 1310,~~709~~623,~~342~~063.9885 1,~~346~~240,~~362~~372.24 Scheduled Interest 4,~~368~~275,~~435~~611.7627 1,~~161~~150,~~074~~491.0775 Servicing Fees ~~289~~283,~~682~~834.3456 7574,~~117~~493.8851 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 7,~~242~~095.0686 1,~~877~~862.9534 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 43,~~071~~984,~~511~~680.3685 1,~~084~~074,~~078~~135.2490 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 *185,704.12 *32,135.12 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 Fixed & Arm Weighted Average Coupon Rate 7.~~578819~~571418 Weighted Average Net Rate 7.~~078819~~071418 Pass-Through Rate 7.~~066319~~058918 Weighted Average Remaining Term ~~353~~352 Record Date 0405/3031/2006 Principal And Interest Constant 65,~~006~~898,~~965~~702.5222 Beginning Loan Count 4,~~640~~569 Loans Paid in Full 7155 Ending Loan Count 4,~~569~~514 Beginning Scheduled Balance ~~875~~859,~~520~~987,~~524~~363.4352 Ending Scheduled Balance ~~859~~847,~~987~~651,~~363~~328.5223 Scheduled Principal ~~477~~472,~~455~~599.6920 Unscheduled Principal 1511,~~055~~863,~~705~~436.2209 Scheduled Interest 5,~~529~~426,~~509~~103.8302 Servicing Fees ~~364~~358,~~800~~328.2207 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 98,~~120~~958.0120 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~155~~058,~~589~~816.6075 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 ~~277~~217,~~715~~839.8524 Prepayment Penalty Paid Count * Special Servicing Fee 0.00 * This data is currently not provided for reporting.

Additional Reporting - Deal Level Miscellaneous Reporting Available Funds 2017,~~688~~393,~~566~~981.1096 Credit Enhancement % 2122.~~950303~~346771% Credit Risk Manager Fee 98,~~120~~958.0120 Excess Cash 1,~~665~~629,~~165~~403.5581 Extra Principal Distribution Amount 0.00 Loss Severity % 0.000000% Trigger Event Reporting Stepdown Date NO Delinquency Percentage 23.~~367597~~535231% Step Up Cumulative Loss Trigger Calculated Value 0.000000% Threshold Value 1.400000% Trigger Result Pass Step Up Enhancement Delinquency Trigger Calculated Value 23.~~367597~~535231% Threshold Value 8.~~352090~~502946% Trigger Result Pass Step Up Trigger 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 Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 67 0 0 67 1,~~215~~294,~~914~~734.0184 0.00 0.00 1,~~215~~294,~~914~~734.0184 30 Days ~~108~~125 2 0 0 ~~110~~127 2026,~~397~~844,~~512~~124.7967 200,~~610~~551.3705 0.00 0.00 2027,~~598~~044,~~123~~675.1672 60 Days 5456 0 01 0 5457 1311,~~174~~936,~~330~~793.2578 0.00 063,823.0024 0.00 1312,~~174~~000,~~330~~617.2502 90 Days 158 0 2533 0 4041 1803,~~899,226~~147.3964 0.00 59,~~009~~566,~~615~~219.64 0.00 610,~~908~~369,~~842~~367.0328 120 Days 07 0 126 0 133 0566,733.0076 0.00 ~~277~~5,~~859~~256,732.2939 0.00 ~~277~~5,~~859~~823,466.2915 150 Days 0 0 01 0 01 0.00 0.00 0277,698.0039 0.00 0277,698.0039 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~177~~196 89 2661 0 ~~211~~266 3540,~~471~~150,~~069~~799.4385 1,~~416~~495,~~524~~285.3889 515,~~287~~164,~~474~~473.9366 0.00 4256,~~175~~810,~~068~~559.7440 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0.~~131320~~155073% 0.000000% 0.000000% 0.~~131320~~155073% 0.~~141387~~152744% 0.000000% 0.000000% 0.~~141387~~152744% 30 Days 2.~~363756~~769163% 0.~~043773~~044307% 0.000000% 0.000000% 2.~~407529~~813469% 23.~~371839~~166883% 0.~~023327~~023660% 0.000000% 0.000000% 23.~~395166~~190542% 60 Days 1.~~181878~~240585% 0.000000% 0.~~000000~~022153% 0.000000% 1.~~181878~~262738% 1.~~531921~~408220% 0.000000% 0.~~000000~~007529% 0.000000% 1.~~531921~~415749% 90 Days 0.~~328299~~177226% 0.000000% 0.~~547166~~731059% 0.000000% 0.~~875465~~908285% 0.~~220844~~094750% 0.000000% 01.~~582522~~128556% 0.000000% 01.~~803366~~223306% 120 Days 0.~~000000~~155073% 0.000000% 0.~~021887~~575986% 0.000000% 0.~~021887~~731059% 0.~~000000~~066859% 0.000000% 0.~~032310~~620153% 0.000000% 0.~~032310~~687012% 150 Days 0.000000% 0.000000% 0.~~000000~~022153% 0.000000% 0.~~000000~~022153% 0.000000% 0.000000% 0.~~000000~~032761% 0.000000% 0.~~000000~~032761% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 34.~~873933~~342047% 0.~~175093~~199380% 01.~~569052~~351351% 0.000000% 45.~~618078~~892778% 4.~~124604~~736712% 0.~~164715~~176403% 01.~~614832~~788999% 0.000000% 46.~~904150~~702114%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~694~~753,~~447~~325.6886

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group One No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 4 0 0 4 ~~985~~984,~~181~~485.3619 0.00 0.00 ~~985~~984,~~181~~485.3619 30 Days 94103 2 0 0 96105 1924,~~122~~225,~~536~~851.4745 200,~~610~~551.3705 0.00 0.00 1924,~~323~~426,~~146~~402.8450 60 Days 50 0 0 0 50 1211,~~881~~392,~~744~~915.9224 0.00 0.00 0.00 1211,~~881~~392,~~744~~915.9224 90 Days 85 0 2431 0 3236 1597,~~294,362~~468.8311 0.00 49,~~959~~432,~~127~~579.9892 0.00 610,~~253~~030,~~490~~048.8103 120 Days 01 0 125 0 126 073,485.0012 0.00 ~~277~~5,~~859~~206,332.2919 0.00 ~~277~~5,~~859~~279,817.2931 150 Days 0 0 01 0 01 0.00 0.00 0277,698.0039 0.00 0277,698.0039 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~152~~159 6 2557 0 ~~183~~222 3336,~~298~~289,~~644~~719.2292 1,185,~~791~~036.7324 514,~~236~~916,~~987~~610.2750 0.00 3952,~~721~~391,~~423~~366.2266 0-29 Days 0.~~126984~~128949% 0.000000% 0.000000% 0.~~126984~~128949% 0.~~144624~~146881% 0.000000% 0.000000% 0.~~144624~~146881% 30 Days 23.~~984127~~320438% 0.~~063492~~064475% 0.000000% 0.000000% 3.~~047619~~384913% 23.~~807172~~614399% 0.~~029449~~029921% 0.000000% 0.000000% 23.~~836621~~644321% 60 Days 1.~~587302~~611863% 0.000000% 0.000000% 0.000000% 1.~~587302~~611863% 1.~~891029~~699777% 0.000000% 0.000000% 0.000000% 1.~~891029~~699777% 90 Days 0.~~253968~~161186% 0.000000% 0.~~761905~~999355% 0.000000% 1.~~015873~~160542% 0.~~190011~~089140% 0.000000% 01.~~727996~~407303% 0.000000% 01.~~918007~~496443% 120 Days 0.~~000000~~032237% 0.000000% 0.~~031746~~805932% 0.000000% 0.~~031746~~838169% 0.~~000000~~010964% 0.000000% 0.~~040790~~776764% 0.000000% 0.~~040790~~787727% 150 Days 0.000000% 0.000000% 0.~~000000~~032237% 0.000000% 0.~~000000~~032237% 0.000000% 0.000000% 0.~~000000~~041431% 0.000000% 0.~~000000~~041431% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 45.~~825397~~125725% 0.~~190476~~193424% 01.~~793651~~837524% 0.000000% 57.~~809524~~156673% 45.~~888212~~414280% 0.~~174073~~176803% 02.~~768785~~225498% 0.000000% 57.~~831070~~816581% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group Two No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 23 0 0 23 ~~230~~310,~~732~~249.65 0.00 0.00 ~~230~~310,~~732~~249.65 30 Days 1422 0 0 0 1422 12,~~274~~618,~~976~~273.3222 0.00 0.00 0.00 12,~~274~~618,~~976~~273.3222 60 Days 46 0 01 0 47 ~~292~~543,~~585~~878.3354 0.00 063,823.0024 0.00 ~~292~~607,~~585~~701.3378 90 Days 73 0 12 0 85 ~~604~~205,~~863~~679.5653 0.00 50133,~~487~~639.6672 0.00 ~~655~~339,~~351~~319.2225 120 Days 06 0 01 0 07 0493,248.0064 0.00 050,400.0020 0.00 0543,648.0084 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 2537 23 14 0 2844 23,~~172~~861,~~425~~079.2193 ~~230~~310,~~732~~249.65 50247,~~487~~863.6616 0.00 24,~~453~~419,~~645~~192.5274 0-29 Days 0.~~140944~~212465% 0.000000% 0.000000% 0.~~140944~~212465% 0.~~129056~~174895% 0.000000% 0.000000% 0.~~129056~~174895% 30 Days 01.~~986610~~558074% 0.000000% 0.000000% 0.000000% 01.~~986610~~558074% 01.~~713136~~475982% 0.000000% 0.000000% 0.000000% 01.~~713136~~475982% 60 Days 0.~~281889~~424929% 0.000000% 0.~~000000~~070822% 0.000000% 0.~~281889~~495751% 0.~~163653~~306597% 0.000000% 0.~~000000~~035979% 0.000000% 0.~~163653~~342576% 90 Days 0.~~493305~~212465% 0.000000% 0.~~070472~~141643% 0.000000% 0.~~563777~~354108% 0.~~338320~~115946% 0.000000% 0.~~028239~~075336% 0.000000% 0.~~366559~~191282% 120 Days 0.~~000000~~424929% 0.000000% 0.~~000000~~070822% 0.000000% 0.~~000000~~495751% 0.~~000000~~278056% 0.000000% 0.~~000000~~028412% 0.000000% 0.~~000000~~306468% 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 12.~~761804~~620397% 0.~~140944~~212465% 0.~~070472~~283286% 0.000000% 13.~~973221~~116147% 12.~~215109~~176582% 0.~~129056~~174895% 0.~~028239~~139726% 0.000000% 12.~~372405~~491203%

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 Scheduled 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 Scheduled 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. Group One 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 Scheduled 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 Scheduled 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. Group Two 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 Scheduled 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 Scheduled 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 2637 ~~Jun~~Jul-05 0.000% Original Principal Balance 510,~~304~~285,~~724~~330.7900 ~~Jul~~Aug-05 0.000% Current Scheduled Balance 510,~~287~~246,~~474~~645.9376 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 2661 ~~Nov~~Dec-05 0.000% Original Principal Balance 515,~~304~~221,~~724~~055.7959 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance 515,~~287~~164,~~474~~473.9366 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.~~000~~615% ~~May~~Jun-06 01.~~615~~789% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group One 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2534 ~~Jun~~Jul-05 0.000% Original Principal Balance 510,~~253~~087,~~724~~100.7900 ~~Jul~~Aug-05 0.000% Current Scheduled Balance 510,~~236~~049,~~987~~182.2780 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 2557 ~~Nov~~Dec-05 0.000% Original Principal Balance 514,~~253~~971,~~724~~825.7959 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance 514,~~236~~916,~~987~~610.2750 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.~~000~~769% ~~May~~Jun-06 02.~~769~~225% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group Two 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 13 ~~Jun~~Jul-05 0.000% Original Principal Balance 51198,~~000~~230.00 ~~Jul~~Aug-05 0.000% Current Scheduled Balance 50197,~~487~~462.6696 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Foreclosure Total ~~Oct~~Nov-05 0.000% Loans in Foreclosure 14 ~~Nov~~Dec-05 0.000% Original Principal Balance 51249,~~000~~230.00 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance 50247,~~487~~863.6616 ~~Jan~~Feb-06 0.000% ~~Feb~~Mar-06 0.000% ~~Mar~~Apr-06 0.000% ~~Apr~~May-06 0.~~000~~028% ~~May~~Jun-06 0.~~028~~140% *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 Group One 0002233994 May-2006 01-Nov-2005 TX 80.00 68,000.00 Group One 1003320098 Jun-2006 01-Nov-2005 NV 80.00 800,000.00 Group One 1003356530 Jun-2006 01-Dec-2005 FL 85.00 272,000.00 Group One 1003647904 May-2006 01-Dec-2005 CT 90.00 130,500.00 Group One 1003678942 May-2006 01-Dec-2005 CA 85.00 204,000.00 Group One ~~1003791935~~1003725749 ~~May~~Jun-2006 01-Dec-2005 MDCA 7390.2700 ~~244~~171,000.00 Group One 1003740615 Jun-2006 01-Dec-2005 CA 80.00 760,000.00 Group One 1003764929 Jun-2006 01-Dec-2005 GA 80.00 196,000.00 Group One 1003802521 Jun-2006 01-Dec-2005 NH 50.71 107,000.00 Group One 1003848251 May-2006 01-Dec-2005 CA 72.40 362,000.00 Group One 1003864508 Jun-2006 01-Dec-2005 CA 84.21 181,050.00 Group One 1003872928 Jun-2006 01-Dec-2005 FL 80.00 199,600.00 Group One 1003879226 Jun-2006 01-Dec-2005 MA 75.00 315,000.00 Group One 1003885157 Jun-2006 01-Nov-2005 CA 80.00 328,000.00 Group One 1003885326 Jun-2006 01-Nov-2005 CA 90.00 292,500.00 Group One 1003886398 Jun-2006 01-Dec-2005 SC 100.00 79,900.00 Group One 1003929360 May-2006 01-Dec-2005 FL 80.00 640,000.00 Group One 1003936842 Jun-2006 01-Dec-2005 AK 80.00 184,800.00 Group One 1003942087 May-2006 01-Dec-2005 AR 80.00 118,400.00 Group One 1003978789 May-2006 01-Dec-2005 PA 85.00 278,800.00 Group One 1003986100 Jun-2006 01-Dec-2005 MI 70.00 56,000.00 Group One 1003988787 May-2006 01-Dec-2005 FL 80.00 195,225.59 Group One 1004006854 May-2006 01-Dec-2005 FL 75.00 112,500.00 Group One 1004017744 Jun-2006 01-Dec-2005 TX 80.00 496,000.00 Group One 1004028199 May-2006 01-Dec-2005 GA 90.00 166,500.00 Group One 1004031737 Jun-2006 01-Dec-2005 CO 80.00 127,200.00 Group One 1004034217 Jun-2006 01-Dec-2005 CA 80.00 286,400.00 Group One 1004045722 Jun-2006 01-Dec-2005 RI 80.00 190,400.00 Group One 1004050145 Jun-2006 01-Dec-2005 OH 85.00 55,250.00 Group One 1004060900 May-2006 01-Dec-2005 NJ 90.00 378,000.00 Group One 1004062043 Jun-2006 01-Dec-2005 FL 85.00 120,700.00 Group One 1004062098 May-2006 01-Dec-2005 OH 90.00 82,800.00 Group One 1004068181 May-2006 01-Dec-2005 NY 90.00 99,000.00 Group One 1004074799 Jun-2006 01-Dec-2005 CA 90.00 427,500.00 Group One 1004089248 Jun-2006 01-Dec-2005 AZ 80.00 204,000.00 Group One 1004092127 Jun-2006 01-Dec-2005 TX 80.00 336,000.00 Group One 1004111026 Jun-2006 01-Dec-2005 CA 80.00 216,000.00 Group One 1004118494 May-2006 01-Dec-2005 NY 90.00 76,500.00 Group One ~~1004134788~~1004132441 ~~May~~Jun-2006 01-Dec-2005 WICA 8780.4100 ~~124~~469,~~999~~600.2000 Group One 1004136731 Jun-2006 01-Dec-2005 TX 79.79 309,600.00 Group One 1004164193 May-2006 01-Dec-2005 CA 80.00 328,000.00 Group One 1004181655 Jun-2006 01-Dec-2005 PA 73.04 84,000.00 Group One 1004183029 May-2006 01-Dec-2005 SC 85.00 161,500.00 Group One 1004188239 Jun-2006 01-Dec-2005 CA 80.00 336,000.00 Group One 1004198237 May-2006 01-Dec-2005 MN 80.00 140,000.00 Group One 1004199003 May-2006 01-Dec-2005 TX 80.00 320,000.00 Group One 1004213390 May-2006 01-Dec-2005 MO 80.00 80,000.00 Group One 1004298851 May-2006 01-Dec-2005 CA 80.00 361,600.00 Group One 1004315841 May-2006 01-Dec-2005 CA 79.82 311,200.00 Group One 1004343892 Jun-2006 01-Dec-2005 CA 80.00 456,000.00 Group One 1004357109 Jun-2006 01-Dec-2005 NV 90.00 670,500.00 Group One 1004360499 Jun-2006 01-Dec-2005 CA 95.00 378,100.00 Group One 1004414397 May-2006 01-Dec-2005 OH 90.00 61,200.00 Group One 1004448388 Jun-2006 01-Dec-2005 MA 90.00 351,000.00 Group One 1004461709 May-2006 01-Dec-2005 MN 95.00 209,000.00 Group One 1004464314 Jun-2006 01-Dec-2005 CA 82.69 430,000.00 Group One 1004475570 Jun-2006 01-Dec-2005 WA 100.00 200,000.00 Group Two 0002232271 Jun-2006 01-Nov-2005 IL 32.09 60,000.00 Group Two 1003466804 Jun-2006 01-Nov-2005 CA 20.00 63,980.00 Group Two 1004413049 May-2006 01-Dec-2005 PA 85.00 51,000.00 Group Two 1004502719 Jun-2006 01-Dec-2005 OH 90.00 74,250.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Scheduled To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group One 0002233994 67,~~731~~696.7511 01-Dec-2005 34 9.490% 12,~~523~~031.8427 Group One 1003320098 794,825.11 01-Jan-2006 3 7.175% 17,721.38 Group One 1003356530 270,902.93 01-Jan-2006 3 8.850% 7,551.19 Group One 1003647904 130,~~073~~000.0904 01-Dec-2005 34 9.100% 23,~~799~~731.6685 Group One 1003678942 203,~~205~~070.9439 01-Dec-2005 34 8.250% 35,~~942~~254.3168 Group One ~~1003791935~~1003725749 ~~242~~170,~~980~~220.8977 01-Dec-2005 4 8.250% 4,404.66 Group One 1003740615 755,773.91 01-Jan-2006 3 7.~~900~~250% 17,039.29 Group One 1003764929 194,888.51 01-Jan-2006 3 7.150% 4,~~501~~328.5093 Group One 1003802521 106,419.38 01-Jan-2006 3 7.375% 2,443.57 Group One 1003848251 360,167.35 01-Dec-2005 4 7.725% 8,690.00 Group One 1003864508 180,214.15 01-Jan-2006 3 8.250% 4,663.25 Group One 1003872928 198,434.2244 01-Jan-2006 3 7.000% 4,308.54 Group One 1003879226 313,689.94 01-Jan-2006 3 8.700% 8,587.17 Group One 1003885157 326,105.53 01-Dec-2005 4 7.750% 7,895.41 Group One 1003885326 291,009.47 01-Jan-2006 3 8.375% 7,651.~~725~~45 Group One 1003886398 79,688.23 01-Jan-2006 3 10.850% 62,~~519~~751.8890 Group One 1003929360 ~~636~~635,~~237~~599.6631 01-Dec-2005 34 6.150% 912,~~004~~000.7335 Group One 1003936842 183,802.26 01-Jan-2006 3 7.400% 4,235.77 Group One 1003942087 117,~~859~~766.0997 01-Dec-2005 34 7.450% 2,~~050~~733.9757 Group One 1003978789 277,~~859~~698.2939 01-Nov-2005 45 8.950% 57,~~868~~825.9555 Group One 1003986100 55,752.44 01-Jan-2006 3 8.400% 1,470.50 Group One 1003988787 194,~~938~~889.84 01-Dec-2005 34 8.600% 35,~~949~~265.4933 Group One 1004006854 112,~~240~~195.0839 01-Dec-2005 34 10.750% 23,~~878~~837.4011 Group One 1004017744 493,451.26 01-Jan-2006 3 7.650% 11,782.55 Group One 1004028199 ~~166~~165,~~021~~939.8285 01-Dec-2005 34 9.725% 5,108.90 Group One 1004031737 127,200.00 01-Jan-2006 3 7.950% 3,~~832~~158.80 Group One 1004034217 285,757.07 01-Jan-2006 3 7.675% 6,839.93 Group One 1004045722 189,487.61 01-Jan-2006 3 8.000% 4,745.45 Group One 1004050145 55,063.11 01-Jan-2006 3 9.700% 1,690.67 Group One 1004060900 376,~~991~~818.6663 01-Dec-2005 34 10.075% 12,040.50 Group One 1004062043 120,276.58 01-Dec-2005 4 9.525% 3,~~032~~622.4294 Group One 1004062098 82,~~452~~393.4316 01-Dec-2005 34 7.875% 12,~~522~~029.3811 Group One 1004068181 98,~~653~~594.6949 01-Dec-2005 34 8.775% 2,~~043~~723.3262 Group One 1004074799 425,666.85 01-Jan-2006 3 8.550% 11,439.88 Group One 1004089248 203,160.21 01-Jan-2006 3 8.750% 5,595.28 Group One 1004092127 333,894.88 01-Jan-2006 3 7.050% 7,305.41 Group One 1004111026 215,655.75 01-Jan-2006 3 8.860% 6,013.08 Group One 1004118494 76,~~232~~186.3964 01-Dec-2005 34 8.775% 12,~~578~~104.9362 Group One ~~1004134788~~1004132441 ~~124~~467,~~113~~234.1043 01-~~Dec~~Jan-~~2005~~2006 3 7.750% 11,312.18 Group One 1004136731 308,131.22 01-Jan-2006 3 8.~~250~~050% 27,~~410~~768.5101 Group One 1004164193 327,~~217~~084.7169 01-Dec-2005 34 6.900% 56,~~239~~984.6985 Group One 1004181655 83,490.06 01-Jan-2006 3 6.800% 1,757.16 Group One 1004183029 160,~~899~~796.4182 01-Dec-2005 34 8.475% 4,281.29 Group One 1004188239 334,028.43 01-Jan-2006 3 6.975% 7,~~211~~224.9883 Group One 1004198237 140,000.00 01-Dec-2005 34 8.100% 23,~~660~~546.0168 Group One 1004199003 319,~~228~~095.3879 01-Dec-2005 34 10.550% 810,~~027~~700.1872 Group One 1004213390 79,999.96 01-Dec-2005 34 8.150% 12,~~530~~040.00 Group One 1004298851 361,282.53 01-Dec-2005 34 6.650% 57,~~554~~406.6927 Group One 1004315841 311,200.00 01-Dec-2005 34 6.675% 46,~~804~~405.1452 Group One 1004343892 456,000.00 01-Jan-2006 3 7.350% 10,412.00 Group One 1004357109 670,499.96 01-Jan-2006 3 7.950% 16,650.76 Group One 1004360499 378,096.38 01-Jan-2006 3 9.450% 11,279.88 Group One 1004414397 61,~~041~~014.8469 01-Dec-2005 34 10.225% 1,~~485~~980.3707 Group One 1004448388 350,921.09 01-Jan-2006 3 8.925% 9,855.02 Group One 1004461709 ~~208~~207,~~091~~936.5066 01-Dec-2005 34 7.700% 4,999.71 Group One 1004464314 429,999.96 01-Jan-2006 3 7.000% 9,~~751~~316.1664 Group One 1004475570 199,440.88 01-Jan-2006 3 10.600% 6,721.35 Group Two 0002232271 59,704.88 01-Jan-2006 3 8.550% 1,604.60 Group Two 1003466804 63,823.24 01-Feb-2006 2 11.850% 2,416.53 Group Two 1004413049 50,~~487~~400.6620 01-Dec-2005 34 8.250% ~~981~~1,307.5561 Group Two 1004502719 73,934.84 01-Jan-2006 3 8.600% 1,999.33

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 21 ~~Jun~~Jul-05 0.000% Original Principal Balance ~~182~~80,~~500~~000.00 ~~Jul~~Aug-05 0.000% Current Scheduled Balance ~~181~~79,~~786~~732.5827 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 89 ~~Nov~~Dec-05 0.000% Original Principal Balance 1,~~422~~502,310.00 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance 1,~~416~~495,~~524~~285.3889 ~~Jan-06 0.000%~~ Feb-06 0.000% Mar-06 0.110% Apr-06 0.141% May-06 0.165% Jun-06 0.176% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group One 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 20 ~~Jun~~Jul-05 0.000% Original Principal Balance ~~182,500~~0.00 ~~Jul~~Aug-05 0.000% Current Scheduled Balance ~~181,786~~0.5800 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 6 ~~Nov~~Dec-05 0.000% Original Principal Balance 1,190,310.00 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance 1,185,~~791~~036.7324 ~~Jan-06 0.000%~~ Feb-06 0.000% Mar-06 0.119% Apr-06 0.145% May-06 0.174% Jun-06 0.177% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group Two 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 01 ~~Jun~~Jul-05 0.000% Original Principal Balance 080,000.00 ~~Jul~~Aug-05 0.000% Current Scheduled Balance 079,732.0027 ~~Aug~~Sep-05 0.000% ~~Sep~~Oct-05 0.000% Current Bankruptcy Total ~~Oct~~Nov-05 0.000% Loans in Bankruptcy 23 ~~Nov~~Dec-05 0.000% Original Principal Balance ~~232~~312,000.00 ~~Dec~~Jan-0506 0.000% Current Scheduled Balance ~~230~~310,~~732~~249.65 ~~Jan-06 0.000%~~ Feb-06 0.000% Mar-06 0.074% Apr-06 0.128% May-06 0.129% Jun-06 0.175% *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 Group One 1003781232 ~~May~~Jun-2006 01-Dec-2005 CA 85.00 490,450.00 Group One 1003996420 Apr-2006 01-Dec-2005 NC 80.00 143,360.00 Group One 1004022122 ~~May~~Jun-2006 01-Dec-2005 GA 85.00 204,000.00 Group One 1004024317 ~~May~~Jun-2006 01-Dec-2005 FL 64.64 170,000.00 Group One 1004092485 May-2006 01-Dec-2005 MI 100.00 124,900.00 Group One 1004367483 May-2006 01-Dec-2005 TX 80.00 57,600.00 Group Two 1003602792 ~~May~~Jun-2006 01-Dec-2005 MS 78.60 135,200.00 Group Two 1003884185 Jun-2006 01-Dec-2005 CA 20.00 80,000.00 Group Two 1004457661 Apr-2006 01-Dec-2005 TX 80.00 96,800.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance Interest Group One 1003781232 ~~488~~487,~~301~~934.4166 01-~~Apr~~May-2006 0 7.700% 5,~~866~~861.2281 Group One 1003996420 143,~~212~~187.4414 01-~~Feb~~Mar-2006 1 9.800% 3,330.8628 Group One 1004022122 203,~~260~~133.2487 01-~~Apr~~May-2006 0 8.600% 2,~~746~~744.5587 Group One 1004024317 169,~~231~~100.0608 01-~~Apr~~May-2006 0 7.500% 1,~~976~~975.6412 Group One 1004092485 124,~~388~~316.6558 01-~~Apr~~May-2006 0 9.000% 1,~~764~~763.5607 Group One 1004367483 57,~~397~~363.9391 01-~~Feb~~Mar-2006 1 8.840% 1,~~198~~197.1545 Group Two 1003602792 134,~~434~~305.9304 01-~~Apr~~May-2006 0 6.350% 1,~~312~~311.6337 Group Two 1003884185 79,732.27 01-May-2006 0 10.450% 1,323.07 Group Two 1004457661 96,~~297~~212.7234 01-~~Apr~~May-2006 0 6.800% 1,~~012~~011.4758

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 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 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 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 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. Group One 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 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 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 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 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. Group Two 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 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 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 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 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 Group One 5948 1310,~~673~~652,~~045~~180.00 1310,~~637~~613,~~889~~863.3607 0 0.00 0.00 Group Two 127 1,~~362~~241,~~020~~800.00 1,~~357~~231,~~088~~892.5074 0 0.00 0.00 Total 7155 1511,~~035~~893,~~065~~980.00 1411,~~994~~845,~~977~~755.8681 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 Group One 0 0.00 0.00 0 0.00 0.00 7815,~~458~~518.6021 Group Two 0 0.00 0.00 0 0.00 0.00 (910,~~847~~020.~~10)~~70 Total 0 0.00 0.00 0 0.00 0.00 6825,~~611~~538.5091

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group One ~~0002243574~~1003572262 DCMD 7190.6900 01-Dec-2005 ~~243~~103,~~750~~500.00 ~~242~~102,~~866~~941.3716 Group One ~~0002247493~~1003656742 VAPA 7075.00 01-~~Dec~~Nov-2005 96141,~~950.00 96,311.91 Group One 1003157586 VA 70.14 01-Dec-2005 256,~~000.00 ~~254~~140,~~933~~257.7692 Group One ~~1003534571~~1003668329 RIME 80.00 01-Dec-2005 ~~207~~164,~~200~~000.00 ~~206~~163,~~290~~040.2967 Group One ~~1003578738~~1003699876 MACA 8059.0093 01-~~Dec~~Nov-2005 ~~224~~163,000.00 ~~222~~161,~~975~~653.0478 Group One ~~1003660041~~1003739609 INCA ~~90.00 01-Dec-2005 87,750.00 87,505.~~80 ~~Group One 1003683320 FL 70~~.00 01-~~Dec~~Nov-2005 ~~172~~161,~~900~~600.00 ~~172~~160,~~230~~671.3925 Group One ~~1003687567~~1003761058 CA ~~70.00 01-Dec-2005 197,400.00 196,550.45 Group One 1003691678 NY 95.00 01-Dec-2005 327,750.00 327,749.96 Group One 1003716615 NJ~~ 90.00 01-Dec-2005 ~~195~~216,~~300~~000.00 ~~194~~215,~~690~~119.2082 Group One ~~1003753815~~1003791720 CA 80.00 01-~~Nov-2005 500,090.00 497,595.81 Group One 1003820761 IL 86.71 01-~~Dec-2005 ~~150~~508,000.00 ~~149~~504,~~334~~975.8240 Group One ~~1003893889~~1003798812 CAOR 8072.~~00 01-Dec-2005 405,600.00 403,710.~~19 ~~Group One 1003914170 AL 100.00~~ 01-Dec-2005 ~~117~~142,500.00 ~~117~~141,~~125~~679.9738 Group One ~~1003925925~~1003884274 RINV 8082.0093 01-Dec-2005 ~~160~~170,000.00 ~~159~~169,~~370~~256.8803 Group One ~~1003960002~~1003884997 CAMT 4778.1732 01-Dec-2005 ~~283~~294,~~000~~500.00 ~~282~~293,~~999~~345.6790 Group One ~~1003960574~~1003888378 VAPA 6046.0088 01-Dec-2005 ~~120~~150,000.00 ~~119~~149,~~683~~244.2300 Group One ~~1003961519~~1003899605 CA 9080.00 01-Nov-2005 ~~171~~320,000.00 ~~170~~318,~~348~~257.2260 Group One ~~1003969245~~1003915507 FLNJ 80.9500 01-Dec-2005 ~~170~~304,000.00 ~~169~~302,~~443~~483.9082 Group One ~~1003973034~~1003918773 MTCA 9059.0006 01-Dec-2005 81202,000.00 80200,~~666~~798.7469 Group One ~~1003975791~~1003952887 CAWA 7890.7900 01-Dec-2005 ~~130~~153,000.00 ~~129~~152,~~999~~399.9637 Group One ~~1003978048~~1003955571 ORNY 85.00 01-Dec-2005 ~~365~~297,500.00 ~~363~~296,~~942~~144.6134 Group One ~~1003990989~~1003960636 CAAZ 7080.00 01-Dec-2005 ~~228~~143,~~200~~230.00 ~~227~~143,~~015~~230.9400 Group One ~~1003993138~~1003966603 CANY 80.00 01-Dec-2005 ~~160~~304,000.00 ~~160~~302,~~000~~453.0036 Group One ~~1004009414~~1003969423 CAIL 9056.0019 01-Dec-2005 ~~225~~236,000.00 ~~224~~235,~~917~~669.9769 Group One ~~1004012482~~1003971768 MITX 8085.00 01-Dec-2005 ~~480~~90,~~000~~100.00 ~~480~~89,~~000~~807.0078 Group One ~~1004012865~~1003972721 VAFL 8085.00 01-Dec-2005 ~~304~~229,~~000~~500.00 ~~302~~228,~~755~~461.5364 Group One ~~1004013739~~1003988714 VACA 7458.6733 01-Dec-2005 ~~336~~350,000.00 ~~334~~347,~~692~~748.1446 Group One ~~1004014471~~1004001948 CAVA 8075.00 01-Dec-2005 ~~440~~114,~~000~~750.00 ~~440~~113,~~000~~930.0056 Group One ~~1004016709~~1004004909 CA 6595.00 01-Dec-2005 ~~217~~456,~~750.00 216,745.41 Group One 1004023121 RI 84.71 01-Dec-2005 216,~~000.00 ~~215~~455,~~300~~979.~~68 Group One 1004026636 CA 84.~~76 ~~01-Dec-2005 178,000.00 177,256.53~~ Group One ~~1004035092~~1004009245 CA 8090.00 01-Dec-2005 ~~171~~177,~~920~~750.00 ~~171~~177,~~045~~422.1390 Group One ~~1004081656~~1004015540 MDMA 8590.00 01-Dec-2005 ~~220~~279,~~150~~000.00 ~~219~~277,~~211~~833.7873 Group One ~~1004082049~~1004022257 NJIL 7589.0068 01-Dec-2005 ~~312~~278,000.00 ~~310~~276,~~442~~373.9548 Group One ~~1004082469~~1004028876 NYFL 8590.00 01-Dec-2005 ~~295~~261,~~375~~000.00 ~~293~~259,~~703~~869.6125 Group One ~~1004086152~~1004047365 CAFL 6391.8309 01-Dec-2005 ~~300~~154,~~000~~850.00 ~~298~~153,~~945~~997.2732 Group One ~~1004107914~~1004067182 NVMN 7080.00 01-Dec-2005 ~~217~~104,000.00 ~~216~~103,~~208~~549.7542 Group One ~~1004117743~~1004073610 CA ~~59.46 01-Dec-2005 110,000.00 110,000.00 Group One 1004122853 AZ~~ 80.00 01-Dec-2005 ~~208~~440,000.00 ~~207~~437,~~139~~302.94 Group One ~~1004126387~~1004083075 FL 90.00 01-Dec-2005 ~~140~~175,~~400~~500.00 ~~139~~174,~~977~~802.3595 Group One ~~1004138436~~1004085938 HICA 8058.0095 01-Dec-2005 ~~280~~168,000.00 ~~279~~166,~~303~~994.8881 Group One ~~1004142109~~1004108600 KYIL 7995.~~21 01-Dec-2005 150,500.~~00 ~~149,989.55 Group One 1004148005 WI 90.00~~ 01-Dec-2005 82190,~~800~~000.00 82190,~~501.36 Group One 1004151456 CA 95.00 01-Dec-2005 380,~~000.00 ~~379,562.51~~ Group One ~~1004151483~~1004109878 NVCA 80.00 01-Dec-2005 ~~448~~248,000.00 ~~447~~246,~~337~~869.1686 Group One ~~1004152847~~1004112542 ILOH 8090.00 01-Dec-2005 ~~178~~108,~~400~~900.00 ~~177~~108,~~593~~403.0850 Group One ~~1004156255~~1004134671 VACA 80.00 01-Dec-2005 91375,200.00 90375,~~794~~199.1596 Group One ~~1004157316~~1004165548 CA 9572.0035 01-Dec-2005 ~~149~~246,~~150~~000.00 ~~148~~244,~~420~~985.0627 Group One ~~1004164503~~1004187631 NJNV 7080.00 01-Dec-2005 ~~131~~370,~~600~~400.00 ~~131~~368,~~335~~616.7912 Group One ~~1004182397~~1004191234 CA 5077.3821 01-Dec-2005 ~~335~~262,~~000~~500.00 ~~333~~261,~~572~~303.5681 Group One ~~1004213112~~1004191751 FL 90.00 01-Dec-2005 89222,~~910~~300.00 89221,~~620~~297.3917 Group One ~~1004233760~~1004197988 PACA 8090.00 01-Dec-2005 84153,000.00 83152,~~623~~651.2560 Group One ~~1004249012~~1004209975 VAWI 5450.00 01-~~Jan~~Dec-~~2006~~2005 ~~297~~50,000.00 ~~297~~49,~~000~~788.0082 Group One ~~1004271371~~1004237980 CAAZ 90.00 01-Dec-2005 ~~607~~168,~~500~~300.00 ~~604~~167,~~872~~587.4119 Group One ~~1004300241~~1004419793 NJAZ 7980.6900 01-Dec-2005 ~~127~~100,~~500~~800.00 ~~127~~100,~~020~~800.6900 Group One ~~1004390108~~1004428293 MDNJ 6385.4400 01-Dec-2005 ~~295~~195,~~000~~500.00 ~~293~~194,~~652~~593.3900 Group One ~~1004398182~~1004526472 CA 8279.23 01-Dec-2005 ~~273~~309,000.00 ~~273~~308,~~000~~800.00 Group One ~~1004426482~~1004620654 CA 7647.9206 01-Jan-2006 ~~250~~200,000.00 ~~250~~198,~~000~~952.0016 Group Two ~~0002208489~~1003551301 FLCA 8021.0043 01-Nov-2005 ~~115~~120,~~920.00 115,544.05 Group Two 0002240953 CA 10.00 01-Dec-2005 65,~~000.00 64119,~~815~~003.2571 Group Two ~~0002248465~~1003627515 ~~AZ 85.00 01-Dec-2005 199,750.00 198,890.29 Group Two 1003361837~~ IL 9067.0069 01-~~Dec-2005 103,500.00 103,152.54 Group Two 1003472389 CA 20.00 01-~~Nov-2005 ~~160~~220,000.00 ~~159~~214,~~534~~543.2570 Group Two ~~1003643711~~1004090236 AZAK ~~75.00 01-Nov-2005 168,750.00 168,011.51 Group Two 1003715224 NM~~ 20.00 01-~~Nov~~Dec-2005 2735,200.00 2635,~~861~~077.1514 Group Two ~~1003925701~~1004306842 HIGA 8520.00 01-Dec-2005 ~~198~~63,~~900~~600.00 ~~197~~63,~~885~~375.3769 Group Two ~~1003957542~~1004414565 WINY 2078.0053 01-Dec-2005 20267,000.00 19265,~~958~~198.4865 Group Two ~~1004093876~~1004453120 CANY 4785.2700 01-Dec-2005 ~~104~~450,~~000~~500.00 ~~103~~447,~~409~~944.2386 Group Two ~~1004249691~~1004552969 MOTN 8790.~~27 01-Dec-2005 144,000.~~00 ~~143,422.25 Group Two 1004318517 IA 68.75~~ 01-Dec-2005 5585,~~000~~500.00 5485,~~724~~207.9779

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group One ~~0002243574~~1003572262 Loan Paid in Full 0 87.~~600~~400% 360 56 Group One ~~0002247493~~1003656742 Loan Paid in Full 0 ~~5.550% 360 5 Group One 1003157586 Loan Paid in Full 0~~ 8.~~275~~375% 360 ~~5 Group One 1003534571 Loan Paid in Full 0~~ 7~~.650%~~ ~~360 5~~ Group One ~~1003578738~~1003668329 Loan Paid in Full 0 7.~~450~~325% 360 56 Group One ~~1003660041~~1003699876 Loan Paid in Full 0 ~~9.875% 360~~ 5 ~~Group One 1003683320 Loan Paid in Full 0 8~~.~~275~~900% 360 57 Group One ~~1003687567~~1003739609 Loan Paid in Full 2 7.~~750~~775% 360 57 Group One ~~1003691678~~1003761058 Loan Paid in Full 0 98.~~150~~800% 360 56 Group One ~~1003716615~~1003791720 Loan Paid in Full 0 96.~~325~~900% 360 56 Group One ~~1003753815~~1003798812 Loan Paid in Full 0 78.~~800~~600% 360 6 Group One ~~1003820761~~1003884274 Loan Paid in Full 01 78.~~600~~450% 360 56 Group One ~~1003893889~~1003884997 Loan Paid in Full 0 78.~~350~~990% 360 56 Group One ~~1003914170~~1003888378 Loan Paid in Full 0 107.~~350~~750% 360 56 Group One ~~1003925925~~1003899605 Loan Paid in Full ~~(1)~~0 8.~~200~~550% 360 57 Group One ~~1003960002~~1003915507 Loan Paid in Full 03 7.~~625~~800% 360 56 Group One ~~1003960574~~1003918773 Loan Paid in Full ~~(1)~~0 106.~~125~~990% 360 56 Group One ~~1003961519~~1003952887 Loan Paid in Full 0 9.~~125~~550% 360 6 Group One ~~1003969245~~1003955571 Loan Paid in Full ~~(1)~~0 98.~~100~~250% 360 56 Group One ~~1003973034~~1003960636 Loan Paid in Full 0 7.~~975~~200% 360 56 Group One ~~1003975791~~1003966603 Loan Paid in Full 0 7.~~990~~700% 360 56 Group One ~~1003978048~~1003969423 Loan Paid in Full 0 79.~~800~~300% 360 56 Group One ~~1003990989~~1003971768 Loan Paid in Full 02 69.~~800~~900% 360 ~~5 Group One 1003993138 Loan Paid in Full 0~~ 6~~.200%~~ ~~360 5~~ Group One ~~1004009414~~1003972721 Loan Paid in Full 0 8.750% 360 56 Group One ~~1004012482~~1003988714 Loan Paid in Full 0(1) 76.~~350~~500% 360 56 Group One ~~1004012865~~1004001948 Loan Paid in Full 0 ~~8.000% 360~~ 5 ~~Group One 1004013739 Loan Paid in Full 0 8~~.~~250~~950% 360 56 Group One ~~1004014471~~1004004909 Loan Paid in Full (1) 7.~~300~~250% 360 56 Group One ~~1004016709~~1004009245 Loan Paid in Full 0 78.~~400~~425% 360 56 Group One ~~1004023121~~1004015540 Loan Paid in Full 01 98.~~150~~675% 360 56 Group One ~~1004026636~~1004022257 Loan Paid in Full 0(1) 76.~~900~~990% 360 56 Group One ~~1004035092~~1004028876 Loan Paid in Full 0 68.~~900~~500% 360 56 Group One ~~1004081656~~1004047365 Loan Paid in Full 0 7.~~800~~300% 360 56 Group One ~~1004082049~~1004067182 Loan Paid in Full 0 78.~~000~~500% 360 56 Group One ~~1004082469~~1004073610 Loan Paid in Full 0 6.~~350% 360 5 Group One 1004086152 Loan Paid in Full 0 8.~~750% 360 56 Group One ~~1004107914~~1004083075 Loan Paid in Full 0 8.~~575~~925% 360 56 Group One ~~1004117743~~1004085938 Loan Paid in Full 0 56.~~700~~875% 360 56 Group One ~~1004122853~~1004108600 Loan Paid in Full 0 7.~~950% 360 5 Group One 1004126387 Loan Paid in Full (1) 9.~~500% 360 ~~5 Group One 1004138436 Loan Paid in Full 0~~ 6~~.750%~~ ~~360 5~~ Group One ~~1004142109~~1004109878 Loan Paid in Full 0 8.~~925~~250% 360 56 Group One ~~1004148005~~1004112542 Loan Paid in Full 0 8.~~625~~250% 360 56 Group One ~~1004151456~~1004134671 Loan Paid in Full 0 98.~~425~~825% 360 56 Group One ~~1004151483~~1004165548 Loan Paid in Full 0 8.~~575~~813% 360 56 Group One ~~1004152847~~1004187631 Loan Paid in Full 0 7.~~500~~975% 360 56 Group One ~~1004156255~~1004191234 Loan Paid in Full 0 78.~~750~~250% 360 56 Group One ~~1004157316~~1004191751 Loan Paid in Full 0 78.~~100~~300% 360 56 Group One ~~1004164503~~1004197988 Loan Paid in Full 0 ~~11.400% 360 5 Group One 1004182397 Loan Paid in Full 0~~ 7.~~800~~625% 360 56 Group One ~~1004213112~~1004209975 Loan Paid in Full 0 98.~~175~~625% 360 56 Group One ~~1004233760~~1004237980 Loan Paid in Full 0 78.~~975~~625% 360 ~~5 Group One 1004249012 Loan Paid in Full 0~~ 6~~.900%~~ ~~360 4~~ Group One ~~1004271371~~1004419793 Loan Paid in Full 0 78.~~725~~350% 360 56 Group One ~~1004300241~~1004428293 Loan Paid in Full 0 98.~~575~~200% 360 56 Group One ~~1004390108~~1004526472 Loan Paid in Full 0 76.~~450~~950% 360 56 Group One ~~1004398182~~1004620654 Loan Paid in Full 0 6.~~900~~750% 360 5 Group ~~One 1004426482 Loan Paid in Full 0 7.550% 360 4 Group~~ Two ~~0002208489~~1003551301 Loan Paid in Full 0 ~~9.900% 360~~ 6 ~~Group Two 0002240953 Loan Paid in Full (1) 9~~.~~775~~275% 360 57 Group Two ~~0002248465~~1003627515 Loan Paid in Full ~~(1)~~0 7.~~750~~450% ~~360~~180 57 Group Two ~~1003361837~~1004090236 Loan Paid in Full 0 89.~~975~~550% 360 ~~5 Group Two 1003472389 Loan Paid in Full (1) 11.300% 360~~ 6 Group Two ~~1003643711~~1004306842 Loan Paid in Full 0 89.~~450~~500% 360 6 Group Two ~~1003715224~~1004414565 Loan Paid in Full 0 116.~~700~~250% 360 6 Group Two ~~1003925701~~1004453120 Loan Paid in Full 0 7.~~250~~150% 360 56 Group Two ~~1003957542~~1004552969 Loan Paid in Full 0 119.~~250~~650% 360 ~~5 Group Two 1004093876 Loan Paid in Full 0~~ 6~~.330% 360 5 Group Two 1004249691 Loan Paid in Full 2 8.100% 360 5 Group Two 1004318517 Loan Paid in Full (1) 6.990% 360 5~~

Prepayment - Voluntary Prepayments

Summary SMM CPR PSA Current Month 1.~~721~~380% Current Month 1815.~~801~~362% Current Month 1,~~843~~259.~~696~~378% 3 Month Average 12.~~993~~158% 3 Month Average 2022.~~893~~641% 3 Month Average 2,~~532~~407.~~108~~486% 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 10.117% N/A Mar-2006 1,633.245% N/A Apr-2006 33.760% N/A Apr-2006 4,119.383% N/A May-2006 18.801% N/A May-2006 1,843.696% N/A Jun-2006 15.362% N/A Jun-2006 1,259.378% 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. Group One SMM CPR PSA Current Month 1.~~973~~560% Current Month 2117.~~267~~196% Current Month 21,~~106~~421.~~352~~638% 3 Month Average 2.~~294~~496% 3 Month Average 2325.~~510~~614% 3 Month Average 2,~~877~~756.~~458~~381% 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 10.882% N/A Mar-2006 1,784.868% N/A Apr-2006 38.380% N/A Apr-2006 4,741.154% N/A May-2006 21.267% N/A May-2006 2,106.352% N/A Jun-2006 17.196% N/A Jun-2006 1,421.638% 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. Group Two SMM CPR PSA Current Month 0.~~747~~694% Current Month 8.~~610~~021% Current Month ~~813~~637.~~626~~539% 3 Month Average 0.~~807~~837% 3 Month Average 9.~~239~~576% 3 Month Average ~~1,096~~953.~~019~~584% 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 7.010% N/A Mar-2006 1,064.845% N/A Apr-2006 12.098% N/A Apr-2006 1,409.587% N/A May-2006 8.610% N/A May-2006 813.626% N/A Jun-2006 8.021% N/A Jun-2006 637.539% 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 Group One Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.000 0 0.00 0.000 0 0.00 0.000 5.000 5.499 1 168,~~419~~220.9222 0.020 1 168,~~419~~220.9222 0.025 5.500 5.999 9997 24,~~427~~132,~~765~~834.1352 2.~~840~~847 8684 21,~~456~~165,~~661~~516.0295 3.~~150~~158 6.000 6.499 ~~351~~349 9291,~~196~~747,~~925~~928.1571 10.~~721~~824 207 58,~~977~~949,~~688~~381.9423 8.~~658~~795 6.500 6.999 ~~730~~722 ~~183~~181,~~564~~019,~~686~~720.7734 21.~~345~~355 ~~550~~542 ~~146~~143,~~357~~851,~~773~~152.0464 21.~~485~~462 7.000 7.499 ~~641~~634 ~~140~~138,~~512~~750,~~332~~572.4446 16.~~339~~369 ~~495~~490 ~~116~~115,~~407~~331,~~622~~565.0293 17.~~089~~207 7.500 7.999 ~~849~~842 ~~170~~169,~~878~~158,~~618~~086.8117 19.~~870~~956 ~~671~~664 ~~146~~144,~~408~~709,~~339~~377.9689 21.~~493~~590 8.000 8.499 ~~534~~524 9088,~~206~~239,~~916~~142.6452 10.~~489~~410 ~~418~~408 7674,~~667~~710,~~484~~456.8340 11.~~255~~146 8.500 8.999 ~~527~~514 8481,~~089~~191,~~226~~907.7580 9.~~778~~578 ~~414~~401 7269,~~195~~308,~~575~~003.3842 10.~~598~~340 9.000 9.499 ~~256~~255 31,~~461~~209,~~581~~029.6074 3.~~658~~682 ~~169~~168 25,~~636~~388,~~510~~272.3486 3.~~763~~788 9.500 9.999 ~~238~~233 2019,~~016~~579,~~735~~631.5131 2.~~328~~310 9189 11,~~451~~204,~~910~~679.5586 1.~~681~~672 10.000 10.499 96 7,~~522~~518,~~364~~620.1099 0.~~875~~887 24 2,~~543~~542,~~575~~496.2528 0.~~373~~379 10.500 10.999 110 8,~~137~~134,~~822~~411.6034 0.~~946~~960 17 2,216,~~842~~002.7765 0.~~325~~331 11.000 11.499 54 2,~~803~~802,~~698~~312.4081 0.~~326~~331 4 541,~~334~~134.8737 0.~~079~~081 11.500 11.999 48 2,582,~~936~~064.1608 0.~~300~~305 2 116,~~604~~565.4355 0.017 12.000 12.499 23 988,~~680~~319.2425 0.~~115~~117 1 56,~~600~~582.1592 0.008 12.500 12.999 10 ~~355~~354,~~072~~962.3816 0.~~041~~042 0 0.00 0.000 13.000 13.499 2 73,~~580~~563.9281 0.009 0 0.00 0.000 >= 13.500 0 0.00 0.000 0 0.00 0.000 Total 4,~~569~~514 ~~859~~847,~~987~~651,~~363~~328.5223 100.000 3,~~150~~102 ~~681~~670,~~202~~259,~~943~~409.4717 100.000

Interest Rate Stratification (continued) Group Two Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 5.000 0 0.00 0.000 5.000 5.499 0 0.00 0.000 5.500 5.999 13 2,~~971~~967,~~104~~317.1157 1.~~662~~673 6.000 6.499 ~~144~~142 3332,~~219~~798,~~236~~547.2148 18.~~581~~489 6.500 6.999 180 37,~~206~~168,~~913~~567.7370 20.~~811~~953 7.000 7.499 ~~146~~144 2423,~~104~~419,~~710~~006.4253 13.~~483~~202 7.500 7.999 178 24,~~470~~448,~~278~~708.8528 13.~~687~~782 8.000 8.499 116 13,~~539~~528,~~431~~686.8112 7.~~573~~626 8.500 8.999 113 11,~~893~~883,~~651~~904.3738 6.~~653~~699 9.000 9.499 87 5,~~825~~820,~~071~~756.2688 3.~~258~~281 9.500 9.999 ~~147~~144 8,~~564~~374,~~824~~951.9645 4.~~791~~721 10.000 10.499 72 4,~~978~~976,~~788~~124.8571 2.~~785~~805 10.500 10.999 93 5,~~920~~918,~~979~~408.8369 3.~~312~~336 11.000 11.499 50 2,~~262~~261,~~363~~178.5344 1.~~265~~275 11.500 11.999 46 2,~~466~~465,~~331~~498.7353 1.~~380~~390 12.000 12.499 22 ~~932~~931,~~080~~736.0933 0.~~521~~525 12.500 12.999 10 ~~355~~354,~~072~~962.3816 0.~~199~~200 13.000 13.499 2 73,~~580~~563.9281 0.041 >= 13.500 0 0.00 0.000 Total 1,~~419~~412 ~~178~~177,~~784~~391,~~420~~919.0506 100.000

Filing Compare · MASTR ASSET BACKED SECURITIES TRUST 2006-NC1, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-NC1