10-D 1 ffm06ff7_10d-200611.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: October 26, 2006 to November 27, 2006 Commission File Number of issuing entity: 333-131607-04 First Franklin Mortgage Loan Trust 2006-FF7 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-131607 HSI Asset Securitization Corporation (Exact name of depositor as specified in its charter) HSBC Bank USA, National Association (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2196684 54-2196881 54-2196882 54-2196883 54-6709446 (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)) I-A-1 _____ _____ __X___ ____________ II-A-1 _____ _____ __X___ ____________ II-A-2 _____ _____ __X___ ____________ II-A-3 _____ _____ __X___ ____________ II-A-4 _____ _____ __X___ ____________ A-IO _____ _____ __X___ ____________ M-1 _____ _____ __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___ ____________ M-10 _____ _____ __X___ ____________ X _____ _____ __X___ ____________ R _____ _____ __X___ ____________ P _____ _____ __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 November 27, 2006 a distribution was made to holders of First Franklin Mortgage Loan Trust 2006-FF7. 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 First Franklin Mortgage Loan Trust 2006-FF7, relating to the November 27, 2006 distribution. (b) The exhibits required to be filed by Registrant pursuant to this Form 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. First Franklin Mortgage Loan Trust 2006-FF7 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Kelly Rentz Kelly Rentz, Officer Date: December 11, 2006 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of First Franklin Mortgage Loan Trust 2006-FF7, relating to the November 27, 2006 distribution. EX-99.1 First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates Distribution Date: 11/27/2006 First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates Series 2006-FF7 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 I-A-1 320277AB2 5.~~23250~~46000% ~~336~~311,~~603~~540,~~000~~726.0026 1,~~272~~559,~~032~~261.0933 II-A-1 320277AC0 5.~~12250~~35000% ~~301~~241,~~465~~847,~~000~~584.0089 1,~~115~~186,~~294~~060.8986 II-A-2 320277AD8 5.~~18250~~41000% 105,612,000.00 ~~395~~523,~~296~~747.9251 II-A-3 320277AE6 5.~~24250~~47000% 161,076,000.00 ~~609~~807,~~874~~661.0191 II-A-4 320277AF3 5.~~33250~~56000% 48,906,000.00 ~~188~~249,~~349~~257.2358 A-IO 320277AA4 1.50000% 0.00 370,231.25 M-1 320277AG1 5.~~34250~~57000% 39,445,000.00 ~~152~~201,~~197~~399.4460 M-2 320277AH9 5.~~37250~~60000% 35,965,000.00 ~~139~~184,~~549~~620.2033 M-3 320277AJ5 5.~~40250~~63000% 20,884,000.00 81107,~~485~~778.3184 M-4 320277AK2 5.~~44250~~67000% 18,563,000.00 7296,~~965~~481.4819 M-5 320277AL0 5.~~47250~~70000% 18,563,000.00 7396,~~367~~991.68 M-6 320277AM8 5.~~54250~~77000% 16,242,000.00 6585,~~015~~906.3765 M-7 320277AN6 56.~~99250~~22000% 16,242,000.00 7092,~~294~~606.0247 M-8 320277AP1 6.~~14250~~37000% 8,701,000.00 3850,~~599~~806.8159 M-9 320277AQ9 67.~~94250~~17000% 8,701,000.00 4357,~~627~~187.0632 M-10 320277AR7 7.~~09250~~32000% 11,602,000.00 5977,~~429~~849.6342 X ~~FFM06FF7X~~320277AS5 0.00000% 11,~~603~~601,~~252~~733.3852 21,~~470~~296,~~089~~592.3482 R ~~FFM6FF70R~~320277AU0 0.00000% 0.00 0.00 P ~~FFM06FF7P~~320277AT3 0.00000% 100.00 ~~126~~318,~~124~~335.4391 Totals 1,~~160~~075,~~173~~492,~~352~~144.3867 7,~~343~~362,~~823~~777.1626

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses I-A-1 38,~~333~~446,~~472~~017.4762 0.00 ~~333~~303,~~269~~094,~~527~~708.5364 410,~~605~~005,~~504~~278.5695 0.00 II-A-1 616,~~674~~226,~~432~~498.2091 0.00 ~~294~~225,~~790~~621,~~567~~085.8098 717,~~789~~412,~~727~~559.0977 0.00 II-A-2 0.00 0.00 105,612,000.00 ~~395~~523,~~296~~747.9251 0.00 II-A-3 0.00 0.00 161,076,000.00 ~~609~~807,~~874~~661.0191 0.00 II-A-4 0.00 0.00 48,906,000.00 ~~188~~249,~~349~~257.2358 0.00 A-IO 0.00 0.00 0.00 370,231.25 0.00 M-1 0.00 0.00 39,445,000.00 ~~152~~201,~~197~~399.4460 0.00 M-2 0.00 0.00 35,965,000.00 ~~139~~184,~~549~~620.2033 0.00 M-3 0.00 0.00 20,884,000.00 81107,~~485~~778.3184 0.00 M-4 0.00 0.00 18,563,000.00 7296,~~965~~481.4819 0.00 M-5 0.00 0.00 18,563,000.00 7396,~~367~~991.68 0.00 M-6 0.00 0.00 16,242,000.00 6585,~~015~~906.3765 0.00 M-7 0.00 0.00 16,242,000.00 7092,~~294~~606.0247 0.00 M-8 0.00 0.00 8,701,000.00 3850,~~599~~806.8159 0.00 M-9 0.00 0.00 8,701,000.00 4357,~~627~~187.0632 0.00 M-10 0.00 0.00 11,602,000.00 5977,~~429~~849.6342 0.00 X 0.00 0.00 11,601,733.52 21,~~470~~296,~~089~~592.3482 0.00 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 100.00 ~~126~~318,~~124~~335.4391 0.00 Totals 1024,~~007~~672,~~904~~516.6753 0.00 1,~~150~~050,~~163~~819,~~928~~628.8514 1732,~~351~~035,~~727~~293.8379 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 I-A-1 336,603,000.00 ~~336~~311,~~603~~540,~~000~~726.0026 0.00 38,~~333~~446,~~472~~017.4762 0.00 0.00 II-A-1 301,465,000.00 ~~301~~241,~~465~~847,~~000~~584.0089 0.00 616,~~674~~226,~~432~~498.2091 0.00 0.00 II-A-2 105,612,000.00 105,612,000.00 0.00 0.00 0.00 0.00 II-A-3 161,076,000.00 161,076,000.00 0.00 0.00 0.00 0.00 II-A-4 48,906,000.00 48,906,000.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 39,445,000.00 39,445,000.00 0.00 0.00 0.00 0.00 M-2 35,965,000.00 35,965,000.00 0.00 0.00 0.00 0.00 M-3 20,884,000.00 20,884,000.00 0.00 0.00 0.00 0.00 M-4 18,563,000.00 18,563,000.00 0.00 0.00 0.00 0.00 M-5 18,563,000.00 18,563,000.00 0.00 0.00 0.00 0.00 M-6 16,242,000.00 16,242,000.00 0.00 0.00 0.00 0.00 M-7 16,242,000.00 16,242,000.00 0.00 0.00 0.00 0.00 M-8 8,701,000.00 8,701,000.00 0.00 0.00 0.00 0.00 M-9 8,701,000.00 8,701,000.00 0.00 0.00 0.00 0.00 M-10 11,602,000.00 11,602,000.00 0.00 0.00 0.00 0.00 X 11,603,252.38 11,~~603~~601,~~252~~733.3852 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 1,160,173,352.38 1,~~160~~075,~~173~~492,~~352~~144.3867 0.00 1024,~~007~~672,~~904~~516.6753 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A-1 38,~~333~~446,~~472~~017.4762 ~~333~~303,~~269~~094,~~527~~708.5364 0.~~99009672~~90045160 38,~~333~~446,~~472~~017.4762 II-A-1 616,~~674~~226,~~432~~498.2091 ~~294~~225,~~790~~621,~~567~~085.8098 0.~~97786001~~74841552 616,~~674~~226,~~432~~498.2091 II-A-2 0.00 105,612,000.00 1.00000000 0.00 II-A-3 0.00 161,076,000.00 1.00000000 0.00 II-A-4 0.00 48,906,000.00 1.00000000 0.00 A-IO 0.00 0.00 0.00000000 0.00 M-1 0.00 39,445,000.00 1.00000000 0.00 M-2 0.00 35,965,000.00 1.00000000 0.00 M-3 0.00 20,884,000.00 1.00000000 0.00 M-4 0.00 18,563,000.00 1.00000000 0.00 M-5 0.00 18,563,000.00 1.00000000 0.00 M-6 0.00 16,242,000.00 1.00000000 0.00 M-7 0.00 16,242,000.00 1.00000000 0.00 M-8 0.00 8,701,000.00 1.00000000 0.00 M-9 0.00 8,701,000.00 1.00000000 0.00 M-10 0.00 11,602,000.00 1.00000000 0.00 X 0.00 11,601,733.52 0.99986910 0.00 R 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 1024,~~007~~672,~~904~~516.6753 1,~~150~~050,~~163~~819,~~928~~628.8514 0.~~99137248~~90574363 1024,~~007~~672,~~904~~516.6753

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution I-A-1 336,603,000.00 ~~1000~~925.~~00000000~~54352237 0.00000000 925.~~90327617~~09192616 0.00000000 II-A-1 301,465,000.00 ~~1000~~802.~~00000000~~24100605 0.00000000 2253.~~13999038~~82548193 0.00000000 II-A-2 105,612,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-3 161,076,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-4 48,906,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 39,445,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 35,965,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 20,884,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 18,563,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 18,563,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 16,242,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 16,242,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 8,701,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 8,701,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 11,602,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 11,603,252.38 ~~1000~~999.~~00000000~~86910049 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A-1 0.00000000 925.~~90327617~~09192616 ~~990~~900.~~09672383~~45159621 0.~~99009672~~90045160 925.~~90327617~~09192616 II-A-1 0.00000000 2253.~~13999038~~82548193 ~~977~~748.~~86000962~~41552412 0.~~97786001~~74841552 2253.~~13999038~~82548193 II-A-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 II-A-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 II-A-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 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 X 0.00000000 0.00000000 999.86910049 0.99986910 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 NOTE: All classes per $1,000 denomination.

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance I-A-1 0510/3125/06 - 0611/2526/06 2633 5.~~23250~~46000% ~~336~~311,~~603~~540,~~000~~726.0026 1,~~272~~559,~~032~~261.0933 0.00 II-A-1 0510/3125/06 - 0611/2526/06 2633 5.~~12250~~35000% ~~301~~241,~~465~~847,~~000~~584.0089 1,~~115~~186,~~294~~060.8986 0.00 II-A-2 0510/3125/06 - 0611/2526/06 2633 5.~~18250~~41000% 105,612,000.00 ~~395~~523,~~296~~747.9251 0.00 II-A-3 0510/3125/06 - 0611/2526/06 2633 5.~~24250~~47000% 161,076,000.00 ~~609~~807,~~874~~661.0191 0.00 II-A-4 0510/3125/06 - 0611/2526/06 2633 5.~~33250~~56000% 48,906,000.00 ~~188~~249,~~349~~257.2358 0.00 A-IO 0510/01/06 - 0510/30/06 30 1.50000% 296,185,000.00 370,231.25 0.00 M-1 0510/3125/06 - 0611/2526/06 2633 5.~~34250~~57000% 39,445,000.00 ~~152~~201,~~197~~399.4460 0.00 M-2 0510/3125/06 - 0611/2526/06 2633 5.~~37250~~60000% 35,965,000.00 ~~139~~184,~~549~~620.2033 0.00 M-3 0510/3125/06 - 0611/2526/06 2633 5.~~40250~~63000% 20,884,000.00 81107,~~485~~778.3184 0.00 M-4 0510/3125/06 - 0611/2526/06 2633 5.~~44250~~67000% 18,563,000.00 7296,~~965~~481.4819 0.00 M-5 0510/3125/06 - 0611/2526/06 2633 5.~~47250~~70000% 18,563,000.00 7396,~~367~~991.68 0.00 M-6 0510/3125/06 - 0611/2526/06 2633 5.~~54250~~77000% 16,242,000.00 6585,~~015~~906.3765 0.00 M-7 0510/3125/06 - 0611/2526/06 2633 56.~~99250~~22000% 16,242,000.00 7092,~~294~~606.0247 0.00 M-8 0510/3125/06 - 0611/2526/06 2633 6.~~14250~~37000% 8,701,000.00 3850,~~599~~806.8159 0.00 M-9 0510/3125/06 - 0611/2526/06 2633 67.~~94250~~17000% 8,701,000.00 4357,~~627~~187.0632 06,286.0056 M-10 0510/3125/06 - 0611/2526/06 2633 7.~~09250~~32000% 11,602,000.00 5977,~~429~~849.6342 09,977.0084 X N/A N/A 0.00000% 1,~~160~~075,~~173~~492,~~352~~144.3867 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 45,747,~~609~~848.3953 016,264.0040

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 I-A-1 0.00 0.00 1,~~272~~559,~~032~~261.0933 0.00 ~~333~~303,~~269~~094,~~527~~708.5364 II-A-1 0.00 0.00 1,~~115~~186,~~294~~060.8986 0.00 ~~294~~225,~~790~~621,~~567~~085.8098 II-A-2 0.00 0.00 ~~395~~523,~~296~~747.9251 0.00 105,612,000.00 II-A-3 0.00 0.00 ~~609~~807,~~874~~661.0191 0.00 161,076,000.00 II-A-4 0.00 0.00 ~~188~~249,~~349~~257.2358 0.00 48,906,000.00 A-IO 0.00 0.00 370,231.25 0.00 ~~296~~236,~~185~~948,000.00 M-1 0.00 0.00 ~~152~~201,~~197~~399.4460 0.00 39,445,000.00 M-2 0.00 0.00 ~~139~~184,~~549~~620.2033 0.00 35,965,000.00 M-3 0.00 0.00 81107,~~485~~778.3184 0.00 20,884,000.00 M-4 0.00 0.00 7296,~~965~~481.4819 0.00 18,563,000.00 M-5 0.00 0.00 7396,~~367~~991.68 0.00 18,563,000.00 M-6 0.00 0.00 6585,~~015~~906.3765 0.00 16,242,000.00 M-7 0.00 0.00 7092,~~294~~606.0247 0.00 16,242,000.00 M-8 0.00 0.00 3850,~~599~~806.8159 0.00 8,701,000.00 M-9 06,286.0056 0.00 4357,~~627~~187.0632 0.00 8,701,000.00 M-10 09,977.0084 0.00 5977,~~429~~849.6342 0.00 11,602,000.00 X 0.00 0.00 21,~~470~~296,~~089~~592.3482 0.00 1,~~150~~050,~~163~~819,~~928~~628.8514 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 ~~126~~318,~~124~~335.4391 0.00 100.00 Totals 016,264.0040 0.00 7,~~343~~362,~~823~~777.1626 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 I-A-1 336,603,000.00 5.~~23250~~46000% ~~1000~~925.~~00000000~~54352237 34.~~77902779~~63234531 0.00000000 II-A-1 301,465,000.00 5.~~12250~~35000% ~~1000~~802.~~00000000~~24100605 3.~~69958333~~93432359 0.00000000 II-A-2 105,612,000.00 5.~~18250~~41000% 1000.00000000 34.~~74291671~~95916667 0.00000000 II-A-3 161,076,000.00 5.~~24250~~47000% 1000.00000000 35.~~78625003~~01416667 0.00000000 II-A-4 48,906,000.00 5.~~33250~~56000% 1000.00000000 35.~~85124995~~09666667 0.00000000 A-IO 0.00 1.50000% 1000.00000000 1.25000000 0.00000000 M-1 39,445,000.00 5.~~34250~~57000% 1000.00000000 35.~~85847230~~10583344 0.00000000 M-2 35,965,000.00 5.~~37250~~60000% 1000.00000000 35.~~88013902~~13333324 0.00000000 M-3 20,884,000.00 5.~~40250~~63000% 1000.00000000 35.~~90180569~~16083317 0.00000000 M-4 18,563,000.00 5.~~44250~~67000% 1000.00000000 35.~~93069439~~19749987 0.00000000 M-5 18,563,000.00 5.~~47250~~70000% 1000.00000000 35.~~95236115~~22500027 0.00000000 M-6 16,242,000.00 5.~~54250~~77000% 1000.00000000 45.~~00291651~~28916697 0.00000000 M-7 16,242,000.00 56.~~99250~~22000% 1000.00000000 45.~~32791651~~70166667 0.00000000 M-8 8,701,000.00 6.~~14250~~37000% 1000.00000000 45.~~43624986~~83916676 0.00000000 M-9 8,701,000.00 67.~~94250~~17000% 1000.00000000 56.~~01402827~~57249971 0.~~00000000~~72251006 M-10 11,602,000.00 7.~~09250~~32000% 1000.00000000 56.~~12236080~~71000000 0.~~00000000~~86001034 X 11,603,252.38 0.00000% ~~99986~~92688.~~91008219~~85218112 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance I-A-1 0.00000000 0.00000000 34.~~77902779~~63234531 0.00000000 ~~990~~900.~~09672383~~45159621 II-A-1 0.00000000 0.00000000 3.~~69958333~~93432359 0.00000000 ~~977~~748.~~86000962~~41552412 II-A-2 0.00000000 0.00000000 34.~~74291671~~95916667 0.00000000 1000.00000000 II-A-3 0.00000000 0.00000000 35.~~78625003~~01416667 0.00000000 1000.00000000 II-A-4 0.00000000 0.00000000 35.~~85124995~~09666667 0.00000000 1000.00000000 A-IO 0.00000000 0.00000000 1.25000000 0.00000000 ~~1000~~800.00000000 M-1 0.00000000 0.00000000 35.~~85847230~~10583344 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 35.~~88013902~~13333324 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 35.~~90180569~~16083317 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 35.~~93069439~~19749987 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 35.~~95236115~~22500027 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 45.~~00291651~~28916697 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 45.~~32791651~~70166667 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 45.~~43624986~~83916676 0.00000000 1000.00000000 M-9 0.~~00000000~~72251006 0.00000000 56.~~01402827~~57249971 0.00000000 1000.00000000 M-10 0.~~00000000~~86001034 0.00000000 56.~~12236080~~71000000 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~212~~111.~~87904969~~74391261 0.00000000 ~~99124~~90562.~~27060817~~50728039 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~1261244~~3183359.~~30000000~~10000000 0.00000000 1000.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All classes per $1,000 denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1730,~~713~~960,~~843~~867.0339 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 0824,459.0082 Gains & Subsequent Recoveries (Realized Losses) 0(7,653.0061) Prepayment Penalties ~~126~~318,~~124~~335.4391 Swap/Cap Payments 0391,887.0022 Total Deposits 1732,~~839~~487,~~967~~896.4673 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees ~~488~~452,~~239~~602.6394 Payment of Interest and Principal 1732,~~351~~035,~~727~~293.8379 Total Withdrawals (Pool Distribution Amount) 1732,~~839~~487,~~967~~896.4673 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~483~~448,~~405~~121.5773 Master Servicing Fee - Wells Fargo Bank, N.A. 4,~~834~~481.0621 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~488~~452,~~239~~602.6394 *Servicer Payees include: NATIONAL CITY HOME LOAN SERVICES, INC

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Supplemental Interest Trust Account - CAP 500.00 0.00 0.00 500.00 Excess Reserve Fund 1,000.00 016,264.0040 016,264.0040 1,000.00 Supplemental Interest Trust Account - SWAP 500.00 0391,887.0022 0391,887.0022 500.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) CAP Agreement - Wachovia 0.00 0.00 0.00 SWAP Agreement - Wachovia 05,073,725.0072 04,681,838.0050 0391,887.0022

COLLATERAL STATEMENT Collateral Description Fixed 15/30 & ARM Weighted Average Gross Coupon 7.~~968898~~936248% Weighted Average Net Coupon 7.~~468898~~436248% Weighted Average Pass-Through Rate 7.~~463898~~431248% Weighted Average Remaining Term ~~356~~351 Beginning Scheduled Collateral Loan Count 65,~~027~~682 Number Of Loans Paid In Full 46110 Ending Scheduled Collateral Loan Count 5,~~981~~572 Beginning Scheduled Collateral Balance 1,~~160~~075,~~173~~492,~~352~~144.3867 Ending Scheduled Collateral Balance 1,~~150~~050,~~163~~819,~~928~~628.8514 Ending Actual Collateral Balance at 31-~~May~~Oct-2006 1,~~150~~051,~~229~~005,~~069~~861.7172 Monthly P&I Constant 87,~~093~~488,~~612~~856.4950 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~126~~318,~~124~~335.4391 Prepayment Penalty Paid Count 2561 Realized Loss Amount 07,653.0061 Cumulative Realized Loss 062,012.0022 Scheduled Principal ~~389~~376,~~193~~046.3708 Unscheduled Principal 924,~~620~~296,~~230~~470.1645

Group Level Collateral Statement Group Group I Group II Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~687148~~675484 8.~~122592~~081306 Weighted Average Net Rate 7.~~187148~~175484 7.~~622592~~581306 Pass-Through Rate 7.~~182148~~170484 7.~~617592~~576306 Weighted Average Remaining Term ~~355~~350 ~~357~~352 Record Date 0510/31/2006 0510/31/2006 Principal And Interest Constant 2,~~822~~654,~~314~~580.2214 54,~~271~~834,~~298~~276.2736 Beginning Loan Count 2,~~389~~270 3,~~638~~412 Loans Paid in Full 1643 3067 Ending Loan Count 2,~~373~~227 3,~~608~~345 Beginning Scheduled Balance ~~409~~384,~~493~~425,~~253~~398.7161 ~~750~~691,~~680~~066,~~098~~746.6706 Ending Scheduled Balance ~~406~~375,~~159~~974,~~275~~347.3340 ~~744~~674,~~004~~845,~~653~~280.5274 Scheduled Principal ~~199~~195,~~118~~704.3244 ~~190~~180,~~075~~341.0564 Unscheduled Principal 38,~~134~~255,~~860~~346.0677 616,~~485~~041,~~370~~123.1068 Scheduled Interest 2,~~623~~458,~~195~~875.9070 54,~~081~~653,~~223~~934.2272 Servicing Fees ~~170~~160,~~622~~177.1925 ~~312~~287,~~783~~944.3848 Master Servicing Fees 1,~~706~~601.2277 32,~~127~~879.8444 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 2,~~450~~297,~~867~~096.4968 4,~~765~~363,~~312~~110.0080 Realized Loss Amount 07,653.0061 0.00 Cumulative Realized Loss 024,583.0069 037,428.0053 Percentage of Cumulative Losses 0.~~0000~~0060 0.~~0000~~0050 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 50140,~~937~~426.4441 75177,~~186~~909.9950 Prepayment Penalty Paid Count 1126 1435 Special Servicing Fee 0.00 0.00

Group Level Collateral Statement Group Total Collateral Description Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~968898~~936248 Weighted Average Net Rate 7.~~468898~~436248 Pass-Through Rate 7.~~463898~~431248 Weighted Average Remaining Term ~~356~~351 Record Date 0510/31/2006 Principal And Interest Constant 87,~~093~~488,~~612~~856.4950 Beginning Loan Count 65,~~027~~682 Loans Paid in Full 46110 Ending Loan Count 5,~~981~~572 Beginning Scheduled Balance 1,~~160~~075,~~173~~492,~~352~~144.3867 Ending Scheduled Balance 1,~~150~~050,~~163~~819,~~928~~628.8514 Scheduled Principal ~~389~~376,~~193~~046.3708 Unscheduled Principal 924,~~620~~296,~~230~~470.1645 Scheduled Interest 7,~~704~~112,~~419~~810.1242 Servicing Fees ~~483~~448,~~405~~121.5773 Master Servicing Fees 4,~~834~~481.0621 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 76,~~216~~660,~~179~~207.4948 Realized Loss Amount 07,653.0061 Cumulative Realized Loss 062,012.0022 Percentage of Cumulative Losses 0.~~0000~~0053 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount ~~126~~318,~~124~~335.4391 Prepayment Penalty Paid Count 2561 Special Servicing Fee 0.00

Additional Reporting - Deal Level Informational Reporting Credit Enhancement Percentage 1719.~~954941~~652253% Cumulative Loss Percentage 0.~~000000~~005345% Structural Reporting Net Monthly Excess Cash Flow 21,~~468~~320,~~570~~510.4983 Extra Principal Payment Amount 07,653.0061 Overcollateralization Amount 11,601,733.52 Overcollateralization Deficiency 0.00 Overcollateralization Reduction Amount ~~1,518~~0.8600 Overcollateralization Target Amount 11,601,733.52 Trigger Event Reporting Cumulative Loss Test Trigger Result Pass Threshold Value 1.200000% Calculated Value 0.~~000000~~005345% Delinquency Test Trigger Result Pass Threshold Value 78.~~512347~~222503% Calculated Value 02.~~000000~~873128% Trigger Event Trigger Result Pass

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2117 0 0 0 2117 ~~853~~24,~~996~~574,468.0024 0.00 0.00 0.00 ~~853~~24,~~996~~574,468.0024 60 Days 067 03 0 0 070 015,095,707.0052 0294,197.0006 0.00 0.00 015,389,904.0058 90 Days 014 0 033 0 047 02,818,914.0031 0.00 09,290,344.0077 0.00 012,109,259.0008 120 Days 01 04 030 02 037 0141,476.0015 0453,051.0077 06,778,066.0003 0270,986.00 07,643,579.0095 150 Days 01 02 023 07 033 0394,878.0039 0110,153.0094 05,813,477.0028 01,306,154.0094 07,624,664.0055 180+ Days 0 0 01 0 01 0.00 0.00 0167,996.00 0.00 0167,996.00 Totals 2200 09 087 09 2305 ~~853~~43,~~996~~025,444.0061 0857,402.0077 022,049,884.0008 01,577,140.0094 ~~853~~67,~~996~~509,872.0040 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 02.~~033439~~099785% 0.000000% 0.000000% 0.000000% 02.~~033439~~099785% 02.~~074246~~338186% 0.000000% 0.000000% 0.000000% 02.~~074246~~338186% 60 Days 01.~~000000~~202441% 0.~~000000~~053841% 0.000000% 0.000000% 01.~~000000~~256281% 01.~~000000~~436310% 0.~~000000~~027992% 0.000000% 0.000000% 01.~~000000~~464302% 90 Days 0.~~000000~~251256% 0.000000% 0.~~000000~~592247% 0.000000% 0.~~000000~~843503% 0.~~000000~~268211% 0.000000% 0.~~000000~~883948% 0.000000% 01.~~000000~~152159% 120 Days 0.~~000000~~017947% 0.~~000000~~071788% 0.~~000000~~538406% 0.~~000000~~035894% 0.~~000000~~664034% 0.~~000000~~013461% 0.~~000000~~043106% 0.~~000000~~644912% 0.~~000000~~025783% 0.~~000000~~727263% 150 Days 0.~~000000~~017947% 0.~~000000~~035894% 0.~~000000~~412778% 0.~~000000~~125628% 0.~~000000~~592247% 0.~~000000~~037571% 0.~~000000~~010481% 0.~~000000~~553135% 0.~~000000~~124277% 0.~~000000~~725464% 180+ Days 0.000000% 0.000000% 0.~~000000~~017947% 0.000000% 0.~~000000~~017947% 0.000000% 0.000000% 0.~~000000~~015984% 0.000000% 0.~~000000~~015984% Totals 03.~~033439~~589375% 0.~~000000~~161522% 01.~~000000~~561378% 0.~~000000~~161522% 05.~~033439~~473798% 04.~~074246~~093740% 0.~~000000~~081579% 02.~~000000~~097979% 0.~~000000~~150060% 06.~~074246~~423358%

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~173~~824,~~348~~459.7482

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 131 0 0 0 131 ~~167~~5,~~996~~430,973.0089 0.00 0.00 0.00 ~~167~~5,~~996~~430,973.0089 60 Days 016 01 0 0 017 03,259,639.0066 0162,305.0004 0.00 0.00 03,421,944.0070 90 Days 05 0 08 0 013 0867,062.0040 0.00 01,528,560.0079 0.00 02,395,623.0019 120 Days 0 03 05 01 09 0.00 0363,140.0066 01,576,646.0092 0175,786.00 02,115,573.0058 150 Days 01 0 07 02 010 0394,878.0039 0.00 01,437,070.0009 0263,491.0022 02,095,439.0070 180+ Days 0 0 01 0 01 0.00 0.00 0167,996.00 0.00 0167,996.00 Totals 153 04 021 03 181 ~~167~~9,~~996~~952,554.0034 0525,445.0070 04,710,273.0080 0439,277.0022 ~~167~~15,~~996~~627,551.0006 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~042141~~392007% 0.000000% 0.000000% 0.000000% 01.~~042141~~392007% 01.~~041360~~444225% 0.000000% 0.000000% 0.000000% 01.~~041360~~444225% 60 Days 0.~~000000~~718455% 0.~~000000~~044903% 0.000000% 0.000000% 0.~~000000~~763359% 0.~~000000~~866816% 0.~~000000~~043161% 0.000000% 0.000000% 0.~~000000~~909977% 90 Days 0.~~000000~~224517% 0.000000% 0.~~000000~~359228% 0.000000% 0.~~000000~~583745% 0.~~000000~~230573% 0.000000% 0.~~000000~~406481% 0.000000% 0.~~000000~~637053% 120 Days 0.000000% 0.~~000000~~134710% 0.~~000000~~224517% 0.~~000000~~044903% 0.~~000000~~404131% 0.000000% 0.~~000000~~096568% 0.~~000000~~419268% 0.~~000000~~046746% 0.~~000000~~562581% 150 Days 0.~~000000~~044903% 0.000000% 0.~~000000~~314324% 0.~~000000~~089807% 0.~~000000~~449035% 0.~~000000~~105008% 0.000000% 0.~~000000~~382151% 0.~~000000~~070069% 0.~~000000~~557227% 180+ Days 0.000000% 0.000000% 0.~~000000~~044903% 0.000000% 0.~~000000~~044903% 0.000000% 0.000000% 0.~~000000~~044674% 0.000000% 0.~~000000~~044674% Totals 02.~~042141~~379883% 0.~~000000~~179614% 0.~~000000~~942973% 0.~~000000~~134710% 03.~~042141~~637180% 02.~~041360~~646621% 0.~~000000~~139729% 01.~~000000~~252574% 0.~~000000~~116814% 04.~~041360~~155738% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II 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 186 0 0 0 186 ~~686~~19,~~000~~143,494.0035 0.00 0.00 0.00 ~~686~~19,~~000~~143,494.0035 60 Days 051 02 0 0 053 011,836,067.0086 0131,892.0002 0.00 0.00 011,967,959.0088 90 Days 09 0 025 0 034 01,951,851.0091 0.00 07,761,783.0098 0.00 09,713,635.0089 120 Days 01 01 025 01 028 0141,476.0015 089,911.0011 05,201,419.0011 095,200.00 05,528,006.0037 150 Days 0 02 016 05 023 0.00 0110,153.0094 04,376,407.0019 01,042,663.0072 05,529,224.0085 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1147 05 066 06 1224 ~~686~~33,~~000~~072,890.0027 0331,957.0007 017,339,610.0028 01,137,863.0072 ~~686~~51,~~000~~882,321.0034 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~027716~~571001% 0.000000% 0.000000% 0.000000% 02.~~027716~~571001% 02.~~092199~~836248% 0.000000% 0.000000% 0.000000% 02.~~092199~~836248% 60 Days 01.~~000000~~524664% 0.~~000000~~059791% 0.000000% 0.000000% 01.~~000000~~584454% 01.~~000000~~753600% 0.~~000000~~019541% 0.000000% 0.000000% 01.~~000000~~773141% 90 Days 0.~~000000~~269058% 0.000000% 0.~~000000~~747384% 0.000000% 01.~~000000~~016442% 0.~~000000~~289181% 0.000000% 01.~~000000~~149965% 0.000000% 01.~~000000~~439146% 120 Days 0.~~000000~~029895% 0.~~000000~~029895% 0.~~000000~~747384% 0.~~000000~~029895% 0.~~000000~~837070% 0.~~000000~~020961% 0.~~000000~~013321% 0.~~000000~~770628% 0.~~000000~~014105% 0.~~000000~~819015% 150 Days 0.000000% 0.~~000000~~059791% 0.~~000000~~478326% 0.~~000000~~149477% 0.~~000000~~687593% 0.000000% 0.~~000000~~016320% 0.~~000000~~648397% 0.~~000000~~154478% 0.~~000000~~819195% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 04.~~027716~~394619% 0.~~000000~~149477% 01.~~000000~~973094% 0.~~000000~~179372% 06.~~027716~~696562% 04.~~092199~~899990% 0.~~000000~~049182% 02.~~000000~~568990% 0.~~000000~~168583% 07.~~092199~~686745%

~~Summary~~180+ 12Delinquency ~~Month~~Summary ~~REO~~Summary History*Group ~~New~~I ~~REO~~Days ~~Loans~~Number ~~Month~~of ~~REO~~Outstanding Percentage ~~Loans~~of inNumber ~~REO~~of 0Outstanding ~~Jul-05~~Percentage ~~0.000%~~of ~~Original~~Delinquent ~~Principal Balance 0.00 Aug-05 0.000% Current Actual Balance 0.00 Sep-05 0.000% Oct-05 0.000% Current REO Total Nov-05 0.000%~~ Loans ~~in REO 0 Dec-05 0.000% Original Principal Balance 0.00 Jan-06 0.000% Current~~ Actual Balance ~~0.00 Feb-06 0.000~~(%) Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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 I 12 Month REO History* New REO Loans ~~Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 Aug-05 0.000% Current~~ Actual Balance ~~0.00 Sep-05 0.000~~(%) ~~Oct-05 0.000% Current REO Total Nov-05 0.000% Loans in REO 0 Dec-05 0.000% Original Principal~~ Balance($) ~~0.00 Jan-06 0.000% Current Actual~~ Balance($) ~~0.00~~180 ~~Feb~~-06 ~~0.000%~~209 ~~Mar-06~~1 0167,996.000% Apr-06 0.000% May-06 0.000% 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 II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-05 0.000% Original Principal Balance 0.00 ~~Aug-05~~ 0.~~000%~~016 ~~Current~~1 ~~Actual Balance 0~~167,996.00 ~~Sep-05~~ 0.~~000%~~045 ~~Oct-05 0.000% Current REO~~ Total ~~Nov-05~~1 0167,996.~~000% Loans in REO 0 Dec-05 0.000% Original Principal Balance 0.~~00 ~~Jan-06~~ 0.~~000%~~016 ~~Current~~1 ~~Actual Balance 0~~167,996.00 ~~Feb-06~~ 0.000% Mar-06 0.000% Apr-06 0.000% May-06 0.000% 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.045

~~REO~~180+ ~~Loan~~Delinquency ~~Detail~~Summary -(continued) ~~All~~Group ~~Mortgage~~II Days Number of Outstanding Percentage of Delinquent Loans inActual ~~REO~~Balance(%) ~~during~~Balance($) ~~Current~~180 ~~Period~~- ~~Month~~209 ~~Loan~~0 ~~First~~0.00 ~~Original~~0.000 ~~Loan~~Total ~~Entered~~0 ~~Payment~~0.00 ~~LTV~~0.000 atThis ~~Principal~~report ~~Group~~includes ~~Number~~all ~~REO~~loans ~~Date~~greater ~~State~~than ~~Origination~~180 ~~Balance~~days Nodelinquent regardless of status (REO, ~~Loans~~Foreclosure, ~~this~~Bankruptcy). ~~Period~~NOTE: This report includes all loans greater than 180 days delinquent regardless of status (REO, Foreclosure, Bankruptcy).

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO ~~Loan~~History* ~~Detail~~New REO Loans Month REO Percentage Loans in REO 7 Dec-05 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 1,285,530.00 Jan-06 0.000% Current Actual Balance 1,285,180.90 Feb-06 0.000% Mar-06 0.000% Current REO Total Apr-06 0.000% Loans in REO ~~during~~9 May-06 0.000% Original Principal Balance 1,577,530.00 Jun-06 0.000% Current ~~Period~~Actual ~~(continued)~~Balance 1,577,140.94 Jul-06 0.000% Aug-06 0.000% Sep-06 0.000% Oct-06 0.027% Nov-06 0.150% *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 I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 2 Dec-05 0.000% Original Principal Balance 289,600.00 Jan-06 0.000% Current ~~Paid~~Actual Balance 289,317.18 Feb-06 0.000% Mar-06 0.000% Current ~~Approximate~~REO ~~Loan~~Total Apr-06 0.000% Loans in REO 3 May-06 0.000% Original Principal Balance 439,600.00 Jun-06 0.000% Current Actual ToBalance ~~Months~~439,277.22 ~~Loan~~Jul-06 ~~Delinquent~~0.000% Aug-06 0.000% Sep-06 0.000% Oct-06 0.039% Nov-06 0.117% *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 ~~Number~~II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Dec-05 0.000% Original Principal Balance ~~Date~~115,200.00 ~~Delinquent~~Jan-06 ~~Rate~~0.000% ~~Interest~~Current NoActual Balance 115,133.72 Feb-06 0.000% Mar-06 0.000% Current REO Total Apr-06 0.000% Loans ~~this~~in ~~Period~~REO 1 May-06 0.000% Original Principal Balance 115,200.00 Jun-06 0.000% Current Actual Balance 115,133.72 Jul-06 0.000% Aug-06 0.000% Sep-06 0.000% Oct-06 0.021% Nov-06 0.169% *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.

~~Summary~~REO 12Loan ~~Month~~Detail ~~Foreclosure~~- History*All ~~New~~Mortgage ~~Foreclosure~~ Loans ~~Month~~in ~~Foreclosure~~REO ~~Percentage~~during ~~Loans~~Current inPeriod ~~Foreclosure~~Month 0Loan ~~Jul-05~~First ~~0.000%~~ Original ~~Principal~~Loan ~~Balance~~Entered ~~0.00~~Payment ~~Aug-05~~LTV ~~0.000%~~at ~~Current~~Principal ~~Actual~~Group ~~Balance~~Number ~~0.00~~REO ~~Sep-05~~Date ~~0.000%~~State ~~Oct-05~~Origination ~~0.000%~~Balance ~~Current~~Group ~~Foreclosure~~I ~~Total~~4000670192 Nov-052006 ~~0.000% Loans in Foreclosure 0 Dec~~01-05Apr-2006 ~~0.000%~~TX ~~Original Principal Balance 0~~80.00 ~~Jan-06 0~~113,600.~~000%~~00 ~~Current~~Group ~~Actual~~I ~~Balance~~4000671966 ~~0.00 Feb~~Oct-062006 ~~0.000% Mar~~01-~~06 0.000%~~ Apr-062006 ~~0.000%~~MI ~~May-06 0~~100.~~000%~~00 ~~Jun-06 0.~~150,000~~% *The text reported in the above table is presented graphically on the monthly bond remittance report~~.00 ~~The monthly bond remittance report can be viewed online at www.ctslink.com.~~ Group I 124000675437 ~~Month~~Nov-2006 ~~Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul~~01-05Apr-2006 ~~0.000%~~MI ~~Original Principal Balance 0~~80.00 ~~Aug-05 0.~~176,000~~% Current Actual Balance 0~~.00 ~~Sep-05~~Group ~~0.000%~~II ~~Oct-05~~4000640179 ~~0.000% Current Foreclosure Total~~ Nov-052006 ~~0.000% Loans in Foreclosure 0 Dec~~01-05Apr-2006 ~~0.000%~~TX ~~Original Principal Balance 0~~80.00 ~~Jan-06 0~~477,380.~~000%~~00 ~~Current~~Group ~~Actual~~II ~~Balance~~4000646260 ~~0.00 Feb~~Nov-062006 ~~0.000% Mar~~01-~~06 0.000%~~ Apr-062006 ~~0.000%~~TX ~~May-06 0~~79.~~000%~~99 ~~Jun-06 0~~183,150.~~000%~~00 *TheGroup ~~text~~II ~~reported~~4000655545 inNov-2006 ~~the~~01-Apr-2006 ~~above~~AR ~~table is presented graphically on the monthly bond remittance report~~100.00 ~~The monthly bond remittance report can be viewed online at www~~125,000.~~ctslink.com.~~00 Group II 124000664294 ~~Month~~Nov-2006 ~~Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul~~01-05Apr-2006 ~~0.000%~~GA ~~Original Principal Balance 0~~80.00 ~~Aug-05 0~~115,200.~~000% Current Actual Balance 0.~~00 ~~Sep-05~~Group ~~0.000%~~II ~~Oct-05~~4000675121 ~~0.000% Current Foreclosure Total~~ Nov-052006 ~~0.000% Loans in Foreclosure 0 Dec~~01-05Apr-2006 ~~0.000%~~MI ~~Original Principal Balance 0~~80.00 ~~Jan-06 0~~95,200.~~000%~~00 ~~Current~~Group ~~Actual~~II ~~Balance~~4000695007 ~~0.00 Feb~~Oct-062006 ~~0.000% Mar~~01-~~06 0.000%~~ Apr-062006 ~~0.000%~~MI ~~May-06 0~~100.~~000%~~00 ~~Jun-06 0.~~142,000~~% *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.~~00

~~Foreclosure~~REO Loan Detail - All Mortgage Loans in ~~Foreclosure~~REO during Current Period ~~Month~~(continued) ~~Loan~~Current ~~First~~Paid ~~Original~~Current Approximate Loan ~~Entered~~Actual ~~Payment~~To ~~LTV~~Months atLoan ~~Principal~~Delinquent Group Number FCBalance Date ~~State~~Delinquent ~~Origination~~Rate ~~Balance~~Interest NoGroup ~~Foreclosure~~I ~~Loans~~4000670192 ~~this~~113,531.18 ~~Period~~01-Apr-2006 5 8.500% 4,531.41 Group I 4000671966 149,960.04 01-Apr-2006 5 8.250% 5,805.43 Group I 4000675437 175,786.00 01-May-2006 4 8.500% 7,020.52 Group II 4000640179 477,380.00 01-Apr-2006 5 7.875% 17,603.40 Group II 4000646260 183,150.00 01-Apr-2006 5 8.750% 7,554.96 Group II 4000655545 125,000.00 01-Apr-2006 5 10.999% 6,561.90 Group II 4000664294 115,133.72 01-Apr-2006 5 8.750% 4,739.52 Group II 4000675121 95,200.00 01-May-2006 4 7.625% 3,391.50 Group II 4000695007 142,000.00 01-Apr-2006 5 8.875% 5,946.24

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure ~~Loan~~History* ~~Detail~~New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 41 Dec-05 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 10,590,255.00 Jan-06 0.000% Current Actual Balance 10,584,641.17 Feb-06 0.000% Mar-06 0.000% Current Foreclosure Total Apr-06 0.000% Loans in Foreclosure ~~during~~87 May-06 0.000% Original Principal Balance 22,061,861.00 Jun-06 0.000% Current ~~Period~~Actual ~~(continued)~~Balance 22,049,884.08 Jul-06 0.000% Aug-06 0.076% Sep-06 0.690% Oct-06 1.245% Nov-06 2.098% *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 I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 10 Dec-05 0.000% Original Principal Balance 1,836,980.00 Jan-06 0.000% Current ~~Paid~~Actual Balance 1,835,430.47 Feb-06 0.000% Mar-06 0.000% Current ~~Approximate~~Foreclosure ~~Loan~~Total Apr-06 0.000% Loans in Foreclosure 1 May-06 0.000% Original Principal Balance 167,996.00 Jun-06 0.000% Current Actual ToBalance ~~Months~~167,996.00 ~~Loan~~Jul-06 ~~Delinquent~~0.000% Aug-06 0.042% Sep-06 0.424% Oct-06 0.938% Nov-06 1.253% *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 ~~Number~~II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 4 Dec-05 0.000% Original Principal Balance ~~Date~~876,650.00 ~~Delinquent~~Jan-06 ~~Rate~~0.000% ~~Interest~~Current NoActual Balance 876,332.75 Feb-06 0.000% Mar-06 0.000% Current Foreclosure Total Apr-06 0.000% Loans ~~this~~in ~~Period~~Foreclosure 7 May-06 0.000% Original Principal Balance 1,679,810.00 Jun-06 0.000% Current Actual Balance 1,679,462.78 Jul-06 0.000% Aug-06 0.095% Sep-06 0.836% Oct-06 1.416% Nov-06 2.569% *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.

~~Summary~~Foreclosure 12Loan ~~Month~~Detail ~~Bankruptcy~~- History*All ~~New~~Mortgage ~~Bankruptcy~~ Loans in Foreclosure during Current Period Month ~~Bankruptcy~~Loan ~~Percentage~~First ~~Loans~~Original inLoan ~~Bankruptcy~~Entered 0Payment ~~Jul~~LTV at Principal Group Number FC Date State Origination Balance Group I 4000625352 Nov-052006 001-Apr-2006 CA 80.~~000%~~00 ~~Original~~251,600.00 ~~Principal~~Group ~~Balance~~I 04000630357 Oct-2006 01-Apr-2006 WI 100.00 ~~Aug~~142,880.00 Group I 4000630669 Oct-052006 001-Apr-2006 CA 80.00 391,900.00 Group I 4000635232 Sep-2006 01-Apr-2006 UT 80.00 76,000%.00 ~~Current~~Group ~~Actual~~I ~~Balance~~4000637867 0Nov-2006 01-Apr-2006 TN 85.00 114,750.00 Group I 4000649533 Sep-052006 001-Apr-2006 FL 69.49 230,000%.00 ~~Oct~~Group I 4000652841 Sep-052006 001-Apr-2006 OH 95.00 90,250.00 Group I 4000652889 Nov-2006 01-Apr-2006 OH 71.90 110,000%.00 ~~Current~~Group ~~Bankruptcy~~I ~~Total~~4000654098 Nov-052006 001-Apr-2006 NJ 80.00 336,000%.00 ~~Loans~~Group inI ~~Bankruptcy~~4000655748 0Sep-2006 ~~Dec~~01-05Apr-2006 0CA 90.00 173,250.00 Group I 4000656366 Aug-2006 01-Apr-2006 WI 80.00 167,996.00 Group I 4000660394 Sep-2006 01-Apr-2006 CA 80.00 360,000%.00 ~~Original~~Group ~~Principal~~I ~~Balance~~4000664588 0Nov-2006 01-Apr-2006 WA 80.00 ~~Jan~~176,000.00 Group I 4000665787 Nov-062006 001-Apr-2006 IN 90.00 107,910.00 Group I 4000669398 Oct-2006 01-Apr-2006 NY 80.00 448,000%.00 ~~Current~~Group ~~Actual~~I ~~Balance~~4000669673 0Oct-2006 01-Apr-2006 CO 79.97 396,000.00 ~~Feb~~Group I 4000674667 Nov-062006 001-Apr-2006 CA 80.00 281,600.00 Group I 4000680570 Nov-2006 01-Apr-2006 CA 80.00 204,000%.00 ~~Mar~~Group I 4000688197 Sep-062006 001-Apr-2006 CA 80.00 400,000%.00 Group I 4000688783 Nov-2006 01-Apr-062006 0TN 80.00 199,120.00 Group I 4000689403 Nov-2006 01-Apr-2006 OH 80.00 56,000%.00 ~~May~~Group II 4000533790 Oct-062006 001-Apr-2006 KS 84.97 102,600.00 Group II 4000568385 Sep-2006 01-Mar-2006 NV 80.00 640,000%.00 ~~Jun~~Group II 4000601093 Nov-062006 001-Apr-2006 MI 80.00 96,000%.00 *TheGroup ~~text~~II ~~reported~~4000606995 inOct-2006 ~~the~~01-Apr-2006 ~~above~~MS ~~table~~90.00 is140,400.00 ~~presented~~Group ~~graphically~~II on4000619154 ~~the~~Oct-2006 ~~monthly~~01-Apr-2006 ~~bond~~AL ~~remittance~~80.00 ~~report~~66,800.00 ~~The~~Group ~~monthly~~II ~~bond~~4000620443 ~~remittance~~Nov-2006 ~~report~~01-Apr-2006 ~~can~~PA be85.00 ~~viewed~~48,875.00 ~~online~~Group atII ~~www~~4000624851 Nov-2006 01-Apr-2006 IL 100.~~ctslink~~00 187,000.~~com~~00 Group II 4000629893 Sep-2006 01-Apr-2006 CA 80.00 464,000.00 Group III 124000631992 ~~Month~~Sep-2006 ~~Bankruptcy~~01-Apr-2006 History*OH ~~New~~100.00 ~~Bankruptcy~~66,900.00 ~~Loans~~Group ~~Month~~II ~~Bankruptcy~~4000633614 ~~Percentage~~Nov-2006 ~~Loans~~01-Mar-2006 inIN ~~Bankruptcy~~85.00 051,000.00 ~~Jul~~Group II 4000634025 Sep-052006 001-Apr-2006 IN 100.00 265,000%.00 ~~Original~~Group ~~Principal~~II ~~Balance~~4000634406 0Oct-2006 01-Apr-2006 OH 99.98 249,150.00 ~~Aug~~Group II 4000635352 Nov-052006 001-Mar-2006 CA 80.00 355,200.00 Group II 4000635443 Nov-2006 01-Mar-2006 CA 80.00 608,000%.00 ~~Current~~Group ~~Actual~~II ~~Balance~~4000636747 0Nov-2006 01-Mar-2006 NC 84.74 95,000.00 Group II 4000639074 Sep-052006 001-Apr-2006 NY 80.00 792,000%.00 Group II 4000640857 Oct-052006 001-Apr-2006 CA 80.00 440,000%.00 ~~Current~~Group ~~Bankruptcy~~II ~~Total~~4000641738 Nov-052006 001-Apr-2006 CA 80.00 504,000%.00 ~~Loans~~Group inII ~~Bankruptcy~~4000641892 0Nov-2006 ~~Dec~~01-05Mar-2006 0MI 79.~~000%~~98 ~~Original~~75,900.00 ~~Principal~~Group ~~Balance~~II 04000643073 Nov-2006 01-Apr-2006 CA 100.00 ~~Jan~~403,250.00 Group II 4000644329 Oct-062006 001-Apr-2006 IN 90.00 80,910.00 Group II 4000644392 Nov-2006 01-Apr-2006 AR 79.97 140,850.00 Group II 4000646239 Sep-2006 01-Mar-2006 CA 80.00 248,000%.00 ~~Current~~Group ~~Actual~~II ~~Balance~~4000647654 0Oct-2006 01-Apr-2006 NJ 90.00 ~~Feb~~305,100.00 Group II 4000649097 Sep-062006 001-Apr-2006 UT 90.00 123,300.00 Group II 4000650155 Nov-2006 01-Apr-2006 NJ 80.00 218,800.00 Group II 4000650681 Sep-2006 01-Apr-2006 CA 90.00 382,500.00 Group II 4000650914 Nov-2006 01-Apr-2006 FL 80.00 416,000%.00 ~~Mar~~Group II 4000652403 Nov-062006 001-Apr-2006 MN 85.00 194,650.00 Group II 4000652563 Oct-2006 01-Apr-2006 CA 80.00 168,000%.00 Group II 4000653574 Nov-2006 01-Apr-062006 0NY 93.68 445,000%.00 ~~May~~Group II 4000654052 Nov-062006 001-Apr-2006 FL 85.00 255,000%.00 ~~Jun~~Group II 4000654327 Sep-062006 001-Apr-2006 OH 100.00 57,000%.00 *TheGroup ~~text~~II ~~reported~~4000658128 inOct-2006 ~~the~~01-Apr-2006 ~~above~~NY ~~table~~80.00 is392,000.00 ~~presented~~Group ~~graphically~~II on4000658614 ~~the~~Nov-2006 ~~monthly~~01-Apr-2006 ~~bond~~VA ~~remittance~~100.00 ~~report~~755,000.00 ~~The~~Group ~~monthly~~II ~~bond~~4000658894 ~~remittance~~Oct-2006 ~~report~~01-Apr-2006 ~~can~~FL be80.00 ~~viewed~~84,800.00 ~~online~~Group atII ~~www~~4000659644 Sep-2006 01-Apr-2006 IL 90.~~ctslink~~00 148,500.~~com~~00 Group II 4000659786 Nov-2006 01-Mar-2006 TN 80.00 139,750.00 Group II 124000660699 ~~Month~~Nov-2006 ~~Bankruptcy~~01-Apr-2006 History*MI ~~New~~100.00 ~~Bankruptcy~~82,000.00 ~~Loans~~Group ~~Month~~II ~~Bankruptcy~~4000663168 ~~Percentage~~Nov-2006 ~~Loans~~01-Apr-2006 inFL ~~Bankruptcy~~80.00 0464,000.00 ~~Jul~~Group II 4000664199 Oct-052006 001-Apr-2006 CA 80.00 488,000%.00 ~~Original~~Group ~~Principal~~II ~~Balance~~4000664665 0Oct-2006 01-Apr-2006 PA 80.00 ~~Aug~~28,400.00 Group II 4000665181 Sep-052006 001-Apr-2006 OH 79.~~000%~~98 ~~Current~~67,900.00 ~~Actual~~Group ~~Balance~~II 04000668750 Nov-2006 01-Apr-2006 TX 100.00 121,900.00 Group II 4000669283 Sep-052006 001-Apr-2006 IN 80.00 56,000%.00 Group II 4000669434 Nov-2006 01-Apr-2006 IL 80.00 54,400.00 Group II 4000672192 Oct-052006 001-Apr-2006 AZ 80.00 336,000%.00 ~~Current~~Group ~~Bankruptcy~~II ~~Total~~4000673118 Nov-052006 001-Apr-2006 CA 77.33 290,000%.00 ~~Loans~~Group inII ~~Bankruptcy~~4000673478 0Nov-2006 ~~Dec~~01-05Apr-2006 0OH 80.00 28,000%.00 ~~Original~~Group ~~Principal~~II ~~Balance~~4000675101 0Oct-2006 01-Apr-2006 NY 95.00 ~~Jan~~546,250.00 Group II 4000675107 Nov-062006 001-Apr-2006 MI 90.00 109,800.00 Group II 4000675275 Oct-2006 01-Apr-2006 IN 100.00 128,960.00 Group II 4000676301 Oct-2006 01-Apr-2006 CA 80.00 452,000%.00 ~~Current~~Group ~~Actual~~II ~~Balance~~4000676969 0Oct-2006 01-Apr-2006 WI 80.00 ~~Feb~~62,400.00 Group II 4000677018 Nov-062006 001-Apr-2006 MN 80.00 600,000%.00 ~~Mar~~Group II 4000679379 Nov-062006 001-Apr-2006 CA 79.99 343,500.00 Group II 4000679801 Nov-2006 01-Apr-2006 TX 80.00 520,000%.00 Group II 4000680030 Oct-2006 01-Apr-062006 0WI 79.16 75,200.00 Group II 4000680847 Oct-2006 01-Apr-2006 WI 90.00 144,000%.00 ~~May~~Group II 4000681467 Nov-062006 001-Apr-2006 FL 80.00 288,000%.00 ~~Jun~~Group II 4000682139 Nov-062006 001-Apr-2006 NY 80.00 680,000%.00 *TheGroup ~~text~~II ~~reported~~4000687013 inNov-2006 ~~the~~01-Apr-2006 ~~above~~MI ~~table~~80.00 is182,400.00 ~~presented~~Group ~~graphically~~II on4000691849 ~~the~~Oct-2006 ~~monthly~~01-Apr-2006 ~~bond~~GA ~~remittance~~80.00 ~~report~~182,160.00 ~~The~~Group ~~monthly~~II ~~bond~~4000692268 ~~remittance~~Oct-2006 ~~report~~01-Apr-2006 ~~can~~FL be95.00 ~~viewed~~292,600.00 ~~online~~Group atII ~~www~~4000695928 Sep-2006 01-Apr-2006 IL 100.~~ctslink~~00 280,000.~~com~~00 Group II 4000698019 Sep-2006 01-Apr-2006 NJ 90.00 238,500.00

~~Bankruptcy~~Foreclosure Loan Detail - All Mortgage Loans in ~~Bankruptcy~~Foreclosure during Current Period ~~Group~~(continued) ~~Loan~~Current ~~Month~~Paid Current Approximate Loan ~~First~~Actual ~~State~~To ~~LTV~~Months atLoan ~~Original~~Delinquent Group Number ~~Entered~~Balance ~~Payment~~Date ~~Origination~~Delinquent ~~Principal~~Rate ~~Bankruptcy~~Interest ~~Date~~Group ~~Balance~~I No4000625352 ~~Bankruptcy~~251,273.86 ~~Loans~~01-Jun-2006 ~~this~~3 ~~Period~~8.500% 8,371.54 Group I 4000630357 142,710.67 01-May-2006 4 8.625% 5,788.84 Group I 4000630669 391,682.75 01-May-2006 4 8.125% 14,922.35 Group I 4000635232 75,973.02 01-Apr-2006 5 7.250% 2,560.84 Group I 4000637867 114,539.96 01-Jun-2006 3 8.500% 3,813.22 Group I 4000649533 229,853.34 01-Apr-2006 5 8.250% 8,886.56 Group I 4000652841 90,161.07 01-Apr-2006 5 8.125% 3,429.34 Group I 4000652889 109,798.68 01-Jun-2006 3 8.500% 3,655.39 Group I 4000654098 335,988.00 01-Jun-2006 3 7.990% 10,485.60 Group I 4000655748 173,205.50 01-Apr-2006 5 8.375% 6,813.74 Group I 4000656366 167,996.00 01-Mar-2006 6 7.375% 5,754.83 Group I 4000660394 360,000.00 01-Apr-2006 5 9.250% 15,750.00 Group I 4000664588 175,508.36 01-Jun-2006 3 7.375% 4,579.86 Group I 4000665787 107,877.16 01-Apr-2006 5 7.875% 3,973.75 Group I 4000669398 447,742.48 01-May-2006 4 8.000% 16,778.04 Group I 4000669673 395,518.50 01-May-2006 4 8.500% 15,796.17 Group I 4000674667 281,576.00 01-Jun-2006 3 7.750% 8,506.02 Group I 4000680570 203,918.68 01-Jun-2006 3 7.625% 6,054.24 Group I 4000688197 400,000.00 01-Apr-2006 5 8.500% 15,999.96 Group I 4000688783 198,992.52 01-May-2006 4 7.625% 7,083.32 Group I 4000689403 55,957.25 01-Jun-2006 3 8.500% 1,864.28 Group II 4000533790 102,600.00 01-May-2006 4 8.999% 4,359.96 Group II 4000568385 639,116.23 01-Apr-2006 5 7.875% 23,509.17 Group II 4000601093 95,864.54 01-Jun-2006 3 9.750% 3,691.21 Group II 4000606995 140,400.00 01-May-2006 4 9.500% 6,318.00 Group II 4000619154 66,768.00 01-May-2006 4 8.625% 2,710.79 Group II 4000620443 48,818.09 01-May-2006 4 9.125% 2,102.40 Group II 4000624851 187,000.00 01-Jun-2006 3 8.990% 6,615.10 Group II 4000629893 464,000.00 01-Apr-2006 5 8.625% 18,850.02 Group II 4000631992 66,871.95 01-Apr-2006 5 10.250% 3,255.12 Group II 4000633614 50,881.34 01-Jun-2006 3 8.750% 1,746.95 Group II 4000634025 264,902.90 01-Apr-2006 5 10.875% 13,723.76 Group II 4000634406 248,862.27 01-May-2006 4 8.750% 10,250.42 Group II 4000635352 355,200.00 01-Jun-2006 3 8.125% 11,285.00 Group II 4000635443 608,000.00 01-Jun-2006 3 7.999% 18,997.50 Group II 4000636747 94,834.82 01-May-2006 4 8.750% 3,906.13 Group II 4000639074 791,441.02 01-Apr-2006 5 7.750% 28,617.58 Group II 4000640857 439,737.80 01-May-2006 4 7.875% 16,203.04 Group II 4000641738 504,000.00 01-Jun-2006 3 7.750% 15,225.00 Group II 4000641892 75,774.69 01-May-2006 4 9.000% 3,215.87 Group II 4000643073 403,250.00 01-Jun-2006 3 9.500% 15,121.90 Group II 4000644329 80,816.08 01-May-2006 4 8.750% 3,328.76 Group II 4000644392 140,744.64 01-Jun-2006 3 8.500% 4,689.10 Group II 4000646239 248,000.00 01-Apr-2006 5 7.750% 8,990.04 Group II 4000647654 304,973.94 01-May-2006 4 9.125% 13,145.05 Group II 4000649097 123,300.00 01-Apr-2006 5 9.000% 5,240.22 Group II 4000650155 218,800.00 01-Jun-2006 3 8.500% 7,293.30 Group II 4000650681 382,500.00 01-Apr-2006 5 8.375% 15,060.90 Group II 4000650914 416,000.00 01-Jun-2006 3 8.625% 14,083.35 Group II 4000652403 194,650.00 01-Jun-2006 3 8.125% 6,184.20 Group II 4000652563 168,000.00 01-May-2006 4 7.625% 5,985.00 Group II 4000653574 444,261.97 01-Jun-2006 3 8.125% 14,106.39 Group II 4000654052 254,868.46 01-Jun-2006 3 9.750% 9,819.58 Group II 4000654327 56,974.10 01-Apr-2006 5 9.875% 2,666.31 Group II 4000658128 391,818.99 01-May-2006 4 8.750% 16,153.02 Group II 4000658614 754,988.00 01-Jun-2006 3 8.625% 25,559.50 Group II 4000658894 84,754.87 01-Apr-2006 5 9.125% 3,648.08 Group II 4000659644 148,426.96 01-Apr-2006 5 9.500% 6,667.47 Group II 4000659786 139,750.00 01-Jun-2006 3 7.500% 4,076.05 Group II 4000660699 81,918.42 01-Jun-2006 3 11.375% 3,709.39 Group II 4000663168 463,923.79 01-Apr-2006 5 9.875% 21,733.64 Group II 4000664199 487,217.18 01-May-2006 4 7.125% 16,106.12 Group II 4000664665 28,371.95 01-May-2006 4 9.500% 1,275.13 Group II 4000665181 67,884.38 01-Apr-2006 5 8.750% 2,797.93 Group II 4000668750 121,747.93 01-May-2006 4 8.375% 4,786.18 Group II 4000669283 55,968.17 01-Apr-2006 5 8.875% 2,338.97 Group II 4000669434 54,305.41 01-Jun-2006 3 8.750% 1,864.53 Group II 4000672192 336,000.00 01-May-2006 4 8.375% 13,230.00 Group II 4000673118 290,000.00 01-Jun-2006 3 7.125% 8,005.25 Group II 4000673478 27,962.52 01-Jun-2006 3 9.999% 1,105.72 Group II 4000675101 545,568.59 01-May-2006 4 8.375% 21,447.55 Group II 4000675107 109,529.81 01-Jun-2006 3 8.750% 3,760.71 Group II 4000675275 128,822.22 01-May-2006 4 9.125% 5,547.86 Group II 4000676301 452,000.00 01-May-2006 4 9.250% 19,775.04 Group II 4000676969 62,355.30 01-May-2006 4 11.000% 3,270.65 Group II 4000677018 598,784.16 01-Jun-2006 3 8.000% 18,686.17 Group II 4000679379 343,500.00 01-Jun-2006 3 7.625% 10,197.58 Group II 4000679801 520,000.00 01-Jun-2006 3 7.125% 14,354.15 Group II 4000680030 75,115.38 01-May-2006 4 8.875% 3,140.93 Group II 4000680847 143,853.99 01-May-2006 4 9.375% 6,375.23 Group II 4000681467 287,536.71 01-Jun-2006 3 9.125% 10,321.98 Group II 4000682139 679,988.00 01-Jun-2006 3 6.750% 17,708.00 Group II 4000687013 182,327.40 01-May-2006 4 9.250% 7,972.76 Group II 4000691849 182,160.00 01-May-2006 4 8.375% 7,172.58 Group II 4000692268 292,474.49 01-May-2006 4 8.999% 12,421.90 Group II 4000695928 279,872.79 01-Apr-2006 5 9.875% 13,097.70 Group II 4000698019 238,470.03 01-Apr-2006 5 10.750% 12,216.08

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy ~~Detail~~History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 6 Dec-05 ~~All~~0.000% ~~Mortgage~~Original Principal Balance 556,460.00 Jan-06 0.000% Current Actual Balance 555,905.84 Feb-06 0.000% Mar-06 0.000% Current Bankruptcy Total Apr-06 0.000% Loans in Bankruptcy ~~during~~9 May-06 0.000% Original Principal Balance 858,280.00 Jun-06 0.000% Current ~~Period~~Actual ~~(continued)~~Balance 857,402.77 Jul-06 0.000% Aug-06 0.007% Sep-06 0.033% Oct-06 0.066% Nov-06 0.082% *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 ~~Loan~~I 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Dec-05 0.000% Original Principal Balance 281,096.00 Jan-06 0.000% Current ~~Paid~~Actual ToBalance ~~Months~~280,918.21 Feb-06 0.000% Mar-06 0.000% Current ~~Approximate~~Bankruptcy ~~Number~~Total Apr-06 0.000% Loans in Bankruptcy 4 May-06 0.000% Original Principal Balance 525,916.00 Jun-06 0.000% Current Actual ~~Date~~Balance ~~Delinquent~~525,445.70 ~~Loan~~Jul-06 ~~Rate~~0.000% ~~Delinquent~~Aug-06 0.021% Sep-06 0.021% Oct-06 0.064% Nov-06 0.140% *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. Group II 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 3 Dec-05 0.000% Original Principal Balance ~~Interest~~248,792.00 NoJan-06 0.000% Current Actual Balance 248,456.17 Feb-06 0.000% Mar-06 0.000% Current Bankruptcy Total Apr-06 0.000% Loans ~~this~~in ~~Period~~Bankruptcy 4 May-06 0.000% Original Principal Balance 305,792.00 Jun-06 0.000% Current Actual Balance 305,425.61 Jul-06 0.000% Aug-06 0.000% Sep-06 0.040% Oct-06 0.068% Nov-06 0.049% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Realized~~Bankruptcy ~~Loss~~ Detail ~~Report~~ - All Mortgage Loans ~~with~~in ~~Losses~~Bankruptcy during Current Period ~~Summary~~Group #Loan ~~Loans~~Month ~~Prior~~Loan ~~Realized~~First ~~Current~~State ~~with~~LTV ~~Actual~~at ~~Loss/(Gain)~~Original ~~Loss~~Number ~~Group~~Entered ~~Losses~~Payment Origination Principal Bankruptcy Date Balance ~~Amount~~Group ~~Percentage~~I 4000643727 Oct-2006 01-Apr-2006 VA 78.13 162,500.00 Group I 04000649012 0Nov-2006 01-Apr-2006 TN 80.00 0137,096.00 0Group I 4000653933 Aug-2006 01-Apr-2006 TN 80.00 82,320.00 Group I 4000660984 Nov-2006 01-Apr-2006 MI 80.00 144,000%.00 Group II 04000654091 0Nov-2006 01-Apr-2006 TN 90.00 090,000.00 0Group II 4000660710 Nov-2006 01-Apr-2006 AL 80.00 105,600.00 Group II 4000676678 Sep-2006 01-Apr-2006 IN 95.00 57,000%.00 ~~Total~~Group 0II 04000683591 Nov-2006 01-Apr-2006 TN 100.00 026,572.00 0Group II 4000692485 Nov-2006 01-Apr-2006 IN 100.~~000%~~00 53,192.00

~~Realized~~Bankruptcy ~~Loss Loan~~ Detail ~~Report~~ - All Mortgage Loans ~~With~~in ~~Losses~~Bankruptcy during Current Period ~~Original~~(continued) ~~Current~~Group Loan ~~Principal~~Current ~~Note~~Paid ~~LTV~~To atMonths ~~Original~~Current ~~Group~~Approximate Number ~~Balance~~Actual Date Delinquent Loan Rate ~~State~~Delinquent ~~Origination~~Balance ~~Term~~Interest NoGroup ~~Losses~~I ~~this~~4000643727 ~~Period~~162,305.04 01-Jul-2006 2 7.875% 3,988.16 Group I 4000649012 137,010.40 01-May-2006 4 8.000% 5,134.13 Group I 4000653933 82,222.45 01-May-2006 4 8.625% 3,335.21 Group I 4000660984 143,907.81 01-May-2006 4 7.625% 5,122.55 Group II 4000654091 89,911.11 01-May-2006 4 9.500% 4,040.89 Group II 4000660710 105,360.56 01-Jul-2006 2 8.875% 2,938.76 Group II 4000676678 56,969.44 01-Apr-2006 5 9.125% 2,452.13 Group II 4000683591 26,531.46 01-Jul-2006 2 10.750% 905.96 Group II 4000692485 53,184.50 01-Apr-2006 5 10.375% 2,624.66

Realized Loss ~~Loan~~ Detail Report - Loans ~~With~~with Losses during Current Period ~~(continued)~~Summary ~~Prior~~# ~~Cumulative~~Loans ~~Loan~~Prior ~~Actual~~ Realized ~~Realized~~Current ~~Group~~with ~~Number~~Actual ~~Balance~~ Loss/(Gain) Loss~~/(Gain)~~ NoGroup Losses ~~this~~Balance ~~Period~~Amount Percentage Group I 1 146,426.44 7,653.61 0.003% Group II 0 0.00 0.00 0.000% Total 1 146,426.44 7,653.61 0.001%

Realized Loss ~~Report~~Loan -Detail ~~Collateral~~Report 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. Jul-~~2005~~ ~~N/A~~Loans ~~N/A~~With ~~Jul-2005~~Losses ~~N/A~~during 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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~~Period ~~0.000%~~Original Current ~~Month~~Loan ~~0.000%~~Principal 3Note ~~Month~~LTV 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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~~Original ~~bond~~Group ~~remittance~~Number ~~report~~Balance ~~can~~Rate beState ~~viewed~~Origination ~~online~~Term ~~at www.ctslink.com. www.ctslink.com.~~ Group I ~~MDR~~4000652844 ~~SDA Current Month 0~~146,700.~~000%~~00 ~~Current Month 0~~8.~~000~~375% 3NJ ~~Month Average 0~~90.~~000%~~00 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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 II 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A 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)360

~~Prepayment~~Realized ~~Detail~~Loss -Loan ~~Prepayments~~Detail ~~during~~Report ~~Current~~- ~~Period Summary~~ Loans ~~Paid~~With InLosses ~~Full~~during ~~Repurchased~~Current ~~Loans~~Period ~~Original~~(continued) ~~Current~~Prior ~~Original~~Cumulative ~~Current~~Loan ~~Principal~~Actual ~~Scheduled~~Realized ~~Principal~~Realized ~~Scheduled~~ Group ~~Count~~Number Balance ~~Balance~~Loss/(Gain) ~~Count~~Loss/(Gain) ~~Balance Balance~~ Group I 164000652844 3146,~~109,724~~426.0044 37,~~107,589~~653.8361 ~~0 0.00 0.00 Group II 30 6~~7,~~448,507~~653.~~00 6,444,540.53 0 0.00 0.00 Total 46 9,558,231.00 9,552,130.36 0 0.00 0.00~~61

~~Prepayment~~Realized ~~Detail~~Loss Report - ~~Prepayments~~Collateral ~~during~~Summary MDR SDA Current ~~Period~~Month ~~(continued)~~0.014% ~~Summary~~Current ~~Substitution~~Month ~~Loans~~1.154% ~~Liquidated~~3 ~~Loans~~Month ~~Curtailments~~Average ~~Original~~0.027% 3 Month Average 2.623% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current ~~Original~~vs. 12mo Average* SDA: Current ~~Principal~~vs. ~~Scheduled~~12mo ~~Principal~~Average* ~~Scheduled~~Month ~~Curtailment~~Current ~~Group~~12mo ~~Count~~Avg. ~~Balance~~Month ~~Balance~~Current ~~Count~~12mo ~~Balance~~Avg. ~~Balance~~Dec-2005 ~~Amount~~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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.000% N/A Jun-2006 0.000% N/A Jul-2006 0.000% N/A Jul-2006 0.000% N/A Aug-2006 0.000% N/A Aug-2006 0.000% N/A Sep-2006 0.000% N/A Sep-2006 0.000% N/A Oct-2006 0.068% N/A Oct-2006 6.716% N/A Nov-2006 0.014% N/A Nov-2006 1.154% 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 0.163% Current Month 5.230% 3 Month Average 0.326% 3 Month Average 4.170% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.000% N/A Jun-2006 0.000% N/A Jul-2006 0.000% N/A Jul-2006 0.000% N/A Aug-2006 0.000% N/A Aug-2006 0.000% N/A Sep-2006 0.000% N/A Sep-2006 0.000% N/A Oct-2006 0.815% N/A Oct-2006 7.280% N/A Nov-2006 0.163% N/A Nov-2006 5.230% 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 I MDR SDA Current Month 0.038% Current Month 3.230% 3 Month Average 0.00030% 3 Month Average 2.777% 12 Month Average 0.00000% 12 Month Average 0.000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.00000% N/A Jun-2006 0.00000% ~~28,212~~N/A Jul-2006 0.19000% N/A Jul-2006 0.000% N/A Aug-2006 0.000% N/A Aug-2006 0.000% N/A Sep-2006 0.000% N/A Sep-2006 0.000% N/A Oct-2006 0.052% N/A Oct-2006 5.101% N/A Nov-2006 0.038% N/A Nov-2006 3.230% 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 0.456% Current Month 5.230% 3 Month Average 0.358% 3 Month Average 4.554% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.000% N/A Jun-2006 0.000% N/A Jul-2006 0.000% N/A Jul-2006 0.000% N/A Aug-2006 0.000% N/A Aug-2006 0.000% N/A Sep-2006 0.000% N/A Sep-2006 0.000% N/A Oct-2006 0.618% N/A Oct-2006 8.431% N/A Nov-2006 0.456% N/A Nov-2006 5.230% 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 II MDR SDA Current Month 0.000% Current Month 0.00000% 3 Month Average 0.00026% 3 Month Average 2.534% 12 Month Average 0.000% 12 Month Average 0.00000% MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.00000% ~~42,764~~N/A Jun-2006 0.50000% ~~Total~~N/A Jul-2006 0.000% N/A Jul-2006 0.00000% N/A Aug-2006 0.00000% N/A Aug-2006 0.000% N/A Sep-2006 0.00000% N/A Sep-2006 0.00000% ~~70,976~~N/A Oct-2006 0.69077% N/A Oct-2006 7.601% N/A Nov-2006 0.000% N/A Nov-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 0.308% 3 Month Average 5.922% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 0.000% N/A Jun-2006 0.000% N/A Jul-2006 0.000% N/A Jul-2006 0.000% N/A Aug-2006 0.000% N/A Aug-2006 0.000% N/A Sep-2006 0.000% N/A Sep-2006 0.000% N/A Oct-2006 0.923% N/A Oct-2006 12.040% N/A Nov-2006 0.000% N/A Nov-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). Includes losses on loans liquidating in the current period only.

Prepayment ~~Loan~~ Detail - Prepayments during Current Period ~~First~~Summary ~~Original~~Loans ~~Loan~~Paid ~~LTV~~In atFull ~~Payment~~Repurchased ~~Principal~~Loans ~~Prepayment~~Original ~~Group~~Current ~~Number~~Original ~~State~~Current ~~Origination~~Principal ~~Date~~Scheduled ~~Balance~~Principal ~~Amount~~Scheduled Group ICount ~~4000596950~~Balance CABalance ~~79.99~~Count ~~01-Mar-2006~~Balance ~~310,750.00~~Balance ~~310,750.00~~ Group I 4000616519 FL 80.00 01-Apr-2006 100,800.00 100,718.90 Group I 4000619163 MI 100.00 01-Apr-2006 45,000.00 44,913.33 Group I 4000638551 MA 80.00 01-Apr-2006 260,000.00 260,000.00 Group I 4000642108 MA 80.00 01-Apr-2006 140,000.00 139,865.11 Group I 4000650823 KY 94.98 01-Mar-2006 65,250.00 65,059.27 Group I 4000652527 AZ 95.00 01-Mar-2006 218,500.00 218,191.89 Group I 4000661432 MN 80.00 01-Apr-2006 204,000.00 204,000.00 Group I 4000661624 IL 80.00 01-Apr-2006 76,800.00 76,659.42 ~~Group I 4000663873 FL 70.00 01-Apr-2006 206~~8,~~500.00 206~~122,~~333~~355.~~83 Group I 4000667453 FL 68.18 01-Apr-2006 120,000.~~00 ~~119~~8,~~622.61 Group I 4000668136 MN 79.30 01-Apr-2006 193~~093,~~500~~296.0020 ~~193,285.21~~0 ~~Group I 4000674687 CA 84~~0.~~55 01-Apr-2006 372,000.~~00 ~~371,525~~0.~~07 Group I 4000679262 AZ 95.~~00 ~~01-Apr-2006 231,800.00 231,626.60~~ Group ~~I 4000682100 MI 100.00 01-Apr-2006 178,000.00 177,595.38 Group I 4000694575 IL 80.00 01-Apr-2006 386,824.00 386,501.25 Group~~ II ~~4000585842~~67 ~~TX 79.99 01-Apr-2006 124~~15,~~000.00 123~~829,~~636~~117.~~58 Group II 4000602238 IA 99.17 01-Apr-2006 53,057.~~00 5315,~~032.58 Group II 4000635171 IL 97.30 01-Apr-2006 360~~805,~~000~~078.0007 ~~359,840.40~~0 ~~Group II 4000643635 NY 95~~0.00 ~~01-Apr-2006 86,450~~0.00 ~~86,389.90~~Total ~~Group~~109 ~~II 4000647826 OH 80.00 01-Apr-2006 92~~23,000.00 91,940.60 Group II 4000648869 IL 100.00 01-Mar-2006 452,000.00 451,623.62 Group II 4000649957 OH 95.00 01-Apr-2006 152,000.00 152,000.00 Group II 4000650718 CA 100.00 01-Apr-2006 350,000.00 349,531.52 Group II 4000651567 IL 80.00 01-Apr-2006 143,200.00 142,951~~.05 Group II 4000654356 IN 100.00 01-Apr-2006 65~~,~~000~~472.00 6423,~~892.66 Group II 4000655608 CA 80.00 01-Apr-2006 512~~898,~~000~~374.0027 ~~511,556.56~~0 ~~Group II 4000657272 FL 100~~0.00 ~~01-Apr-2006 140,000~~0.00 139,780.57 Group II 4000658423 TX 100.00 01-Apr-2006 620,100.00 619,049.38 Group II 4000659828 WI 90.00 01-Apr-2006 61,200.00 61,102.64 Group II 4000662819 FL 90.00 01-Apr-2006 264,600.00 264,468.54 Group II 4000662839 IL 100.00 01-Apr-2006 150,000.00 149,829.06 Group II 4000664678 MI 85.00 01-Apr-2006 225,250.00 224,896.95 Group II 4000666216 MD 79.72 01-Apr-2006 283,000.00 282,544.75 Group II 4000666401 IL 78.93 01-Apr-2006 296,000.00 296,000.00 Group II 4000668539 FL 75.74 01-Apr-2006 143,900.00 143,900.00 Group II 4000671008 AZ 100.00 01-Apr-2006 143,250.00 143,057.97 Group II 4000672652 SC 100.00 01-Apr-2006 77,000.00 76,891.35 Group II 4000676000 CA 80.00 01-Apr-2006 456,000.00 456,000.00 Group II 4000676512 OR 83.79 01-Apr-2006 121,500.00 121,500.00 Group II 4000678009 OH 95.00 01-Apr-2006 95,000.00 94,862.37 Group II 4000682953 UT 80.00 01-Apr-2006 116,000.00 115,752.02 Group II 4000683331 CA 80.00 01-Apr-2006 405,600.00 405,600.00 Group II 4000684907 FL 80.00 01-Apr-2006 65,600.00 65,514.50 Group II 4000688588 AL 80.00 01-Apr-2006 140,800.00 140,800.00 Group II 4000690972 NC 100.00 01-Apr-2006 254,000.00 253,660.03

Prepayment ~~Loan~~ Detail - Prepayments during Current Period (continued) ~~Current~~Summary ~~Loan~~Substitution ~~PIF~~Loans ~~Months~~Liquidated ~~Loan~~Loans Curtailments Original ~~Group~~Current ~~Number~~Original ~~Type~~Current ~~Delinquent~~Principal ~~Rate~~Scheduled ~~Term~~Principal ~~Seasoning~~Scheduled ~~Group~~Curtailment ~~I 4000596950 Loan Paid in Full 0 8.875% 360 3~~ Group ICount ~~4000616519~~Balance ~~Loan~~Balance ~~Paid~~Count inBalance ~~Full~~Balance 0Amount ~~8.250% 360 2~~ Group I ~~4000619163 Loan Paid in Full~~ 0 ~~8.250% 360 2 Group I 4000638551 Loan Paid in Full~~ 0 8.~~375%~~00 ~~360 2 Group I 4000642108 Loan Paid in Full~~ 0 7.~~625%~~00 ~~360~~1 ~~2 Group I 4000650823 Loan Paid in Full 0 7~~146,700.~~625%~~00 ~~360 3 Group I 4000652527 Loan Paid in Full 0 8~~146,346.~~375%~~99 ~~360 3 Group I 4000661432 Loan Paid in Full 0 7~~19,099.~~000%~~49 ~~360 2~~ Group I 4000661624 Loan Paid in Full 0 8.500% 360 2 Group I 4000663873 Loan Paid in Full 0 8.250% 360 2 Group I 4000667453 Loan Paid in Full 0 6.999% 360 2 Group I 4000668136 Loan Paid in Full 0 7.125% 360 2 Group I 4000674687 Loan Paid in Full 0 6.625% 360 2 Group I 4000679262 Loan Paid in Full 0 8.500% 360 2 Group I 4000682100 Loan Paid in Full 0 7.500% 360 2 Group I 4000694575 Loan Paid in Full 0 8.125% 360 2 Group II ~~4000585842 Loan Paid in Full~~ 0 ~~6.125% 360 2 Group II 4000602238 Loan Paid in Full~~ 0 10.~~125%~~00 ~~360 2 Group II 4000635171 Loan Paid in Full~~ 0 10.~~250%~~00 ~~360 2 Group II 4000643635 Loan Paid in Full~~ 0 ~~8.750% 360 2 Group II 4000647826 Loan Paid in Full~~ 0 9.~~000%~~00 ~~360 2 Group II 4000648869 Loan Paid in Full~~ 0 9.~~125%~~00 ~~360 3 Group II 4000649957 Loan Paid in Full 0 8~~239,128.~~500%~~73 ~~360~~Total ~~2 Group II 4000650718 Loan Paid in Full~~ 0 ~~9.999% 360 2 Group II 4000651567 Loan Paid in Full~~ 0 8.~~750%~~00 ~~360 2 Group II 4000654356 Loan Paid in Full~~ 0 8.~~999%~~00 ~~360~~1 ~~2 Group II 4000655608 Loan Paid in Full 0 7~~146,700.~~999%~~00 ~~360 2 Group II 4000657272 Loan Paid in Full 0 9~~146,346.~~250%~~99 ~~360 2 Group II 4000658423 Loan Paid in Full 0 8~~258,228.875% 360 2 Group II 4000659828 Loan Paid in Full 0 9.250% 360 2 Group II 4000662819 Loan Paid in Full 0 9.875% 360 2 Group II 4000662839 Loan Paid in Full 0 10.750% 360 2 Group II 4000664678 Loan Paid in Full 0 9.250% 360 2 Group II 4000666216 Loan Paid in Full 0 9.125% 360 2 Group II 4000666401 Loan Paid in Full 0 7.625% 360 2 Group II 4000668539 Loan Paid in Full 0 7.750% 360 2 Group II 4000671008 Loan Paid in Full 0 9.999% 360 2 Group II 4000672652 Loan Paid in Full 0 9.750% 360 2 Group II 4000676000 Loan Paid in Full 0 8.500% 360 2 Group II 4000676512 Loan Paid in Full 0 8.750% 360 2 Group II 4000678009 Loan Paid in Full 0 9.625% 360 2 Group II 4000682953 Loan Paid in Full 0 8.750% 360 2 Group II 4000683331 Loan Paid in Full 0 8.250% 360 2 Group II 4000684907 Loan Paid in Full 0 10.125% 360 2 Group II 4000688588 Loan Paid in Full 0 8.250% 360 2 Group II 4000690972 Loan Paid in Full 0 9.999% 360 222

Summary SMM CPR PSA Current Month 0.829% Current Month 9.512% Current Month 2,300.707% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 9.512% N/A Jun-2006 2,300.707% 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 I SMM CPR PSA Current Month 0.766% Current Month 8.814% Current Month 2,140.015% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 8.814% N/A Jun-2006 2,140.015% 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 II SMM CPR PSA Current Month 0.864% Current Month 9.891% Current Month 2,387.318% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Apr-2006 N/A N/A May-2006 N/A N/A May-2006 N/A N/A Jun-2006 9.891% N/A Jun-2006 2,387.318% 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))

Prepayment - Voluntary Prepayments

~~Interest~~Breaches ~~Rate~~Current ~~Stratification~~Loan ~~Summary~~Scheduled ~~Group~~Current I Current Number ofBalance ~~Outstanding Percentage of Number of Outstanding Percentage of Interest~~ Rate ~~Loans~~Payment ~~Scheduled~~No ~~Balance(%)~~Breaches ~~Loans~~this Scheduled Balance(%) Range(%) Balance($) Balance($) < 4.500 0 0.00 0.000 0 0.00 0.000 4.500 4.999 2 358,309.11 0.031 2 358,309.11 0.088 5.000 5.499 13 2,183,065.62 0.190 10 1,826,367.12 0.450 5.500 5.999 73 21,015,794.32 1.827 44 8,303,817.81 2.044 6.000 6.499 127 37,287,049.55 3.242 67 14,351,981.62 3.534 6.500 6.999 502 141,940,628.42 12.341 249 49,026,622.90 12.071 7.000 7.499 626 157,330,562.87 13.679 319 57,076,269.58 14.053 7.500 7.999 1,264 270,253,565.61 23.497 761 134,660,934.67 33.155 8.000 8.499 796 143,848,390.74 12.507 513 77,357,529.55 19.046 8.500 8.999 1,311 209,411,225.13 18.207 373 55,240,577.41 13.601 9.000 9.499 570 78,546,806.27 6.829 21 4,870,756.58 1.199 9.500 9.999 466 63,388,869.06 5.511 11 2,152,392.17 0.530 10.000 10.499 122 13,716,393.84 1.193 1 350,716.81 0.086 10.500 10.999 77 8,723,373.42 0.758 2 583,000.00 0.144 11.000 11.499 16 1,085,091.72 0.094 0 0.00 0.000 11.500 11.999 15 1,010,803.17 0.088 0 0.00 0.000 12.000 12.499 1 64,000.00 0.006 0 0.00 0.000 >= 12.500 0 0.00 0.000 0 0.00 0.000 Total 5,981 1,150,163,928.85 100.000 2,373 406,159,275.33 100.000Period

Interest Rate Stratification ~~(continued)~~Summary Group III Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 4.500 0 0.00 0.000 0 0.00 0.000 4.500 4.999 02 354,665.81 0.00034 2 354,665.81 0.~~000~~094 5.000 5.499 313 ~~356~~2,~~698~~153,415.5096 0.~~048~~205 10 1,803,001.16 0.480 5.500 5.999 2970 1219,~~711~~470,~~976~~448.5195 1.~~709~~853 43 8,049,129.22 2.141 6.000 6.499 60122 2236,~~935~~023,~~067~~290.9362 3.~~083~~428 63 13,354,838.10 3.552 6.500 6.999 ~~253~~482 92137,~~914~~742,~~005~~064.5241 13.108 239 46,960,660.24 12.~~488~~490 7.000 7.499 603 150,435,375.12 14.316 307 ~~100~~54,~~254~~228,~~293~~397.2999 1314.~~475~~423 7.500 7.999 ~~503~~1,176 ~~135~~245,~~592~~633,~~630~~984.9454 1823.~~225~~375 704 123,014,642.12 32.719 8.000 8.499 ~~283~~738 66128,~~490~~534,~~861~~179.1905 812.~~937~~232 483 72,007,408.38 19.152 8.500 8.999 ~~938~~1,211 ~~154~~188,~~170~~732,~~647~~924.7227 17.961 349 50,010,168.20 13.~~722~~301 9.000 9.499 ~~549~~525 7369,~~676~~748,~~049~~705.6905 96.~~903~~638 18 4,359,107.58 1.159 9.500 9.999 ~~455~~423 6152,~~236~~685,~~476~~602.8999 5.014 8 1,499,328.~~231~~60 0.399 10.000 10.499 ~~121~~105 139,~~365~~827,~~677~~932.0346 10.~~796~~935 0 0.00 0.000 10.500 10.999 7571 87,~~140~~476,~~373~~775.4221 0.712 1 333,000.~~094~~00 0.089 11.000 11.499 16 1,~~085~~082,~~091~~667.7290 0.~~146~~103 0 0.00 0.000 11.500 11.999 1514 1853,~~010,803~~595.1780 0.~~136~~081 0 0.00 0.000 12.000 12.499 1 64,000.00 0.~~009~~006 0 0.00 0.000 >= 12.500 0 0.00 0.000 0 0.00 0.000 Total 35,~~608~~572 ~~744~~1,~~004~~050,~~653~~819,628.5214 100.000 2,227 375,974,347.40 100.000

~~SUPPLEMENTAL~~Interest ~~REPORTING~~Rate ~~Business~~Stratification ~~Day Any day other than~~ (icontinued) ~~Saturday~~Group orII ~~Sunday,~~Current orNumber ~~(ii)~~of aOutstanding ~~day~~Percentage onof ~~which~~Interest ~~banking~~Rate ~~and~~Loans ~~savings~~Scheduled ~~and loan institutions, in~~ Balance(a%) ~~the States of New York, California, Maryland or Minnesota,~~ Range(b%) ~~the Commonwealth of Pennsylvania or any other State in which the Servicer's servicing operations are located, or~~ Balance(c$) ~~any~~< ~~State~~4.500 in0 ~~which~~0.00 ~~the~~0.000 ~~Corporate~~4.500 ~~Trust~~4.999 ~~Office~~0 is0.00 ~~located,~~0.000 ~~are~~5.000 ~~authorized or obligated by law or executive order to be closed~~5.499 ~~Closing~~3 ~~Date May 31~~350,414.80 ~~2006~~0.052 ~~Determination~~5.500 ~~Date~~5.999 ~~With~~27 ~~respect to each Remittance Date~~11, ~~the 15th day (or if such day is not a Business Day~~421,319.73 ~~the~~1.692 ~~immediately~~6.000 ~~preceding Business Day) in the calendar month in which such Remittance Date occurs~~6.499 ~~Derivative~~59 ~~Payment Date For so long as either the Cap Agreement or the Swap Agreement is in effect~~22,668,452.52 ~~the~~3.359 ~~Business~~6.500 ~~Day preceding each Distribution Date~~6.999 ~~Determination~~243 ~~Date With respect to each Remittance Date~~90, ~~the 15th day (or if such day is not a Business Day~~781,404.17 ~~the~~13.452 ~~immediately preceding Business Day) in the calendar month in which such Remittance Date occurs~~7.000 ~~Distribution Account Deposit Date As to any Distribution Date, 12:00 noon New York City time on the third Business Day immediately preceding such Distribution Date~~7.499 ~~Interest~~296 ~~Accrual Period With respect to each Class of LIBOR Certificates and any Distribution Date~~96, the period commencing on the Distribution Date occurring in the month preceding the month in which the current Distribution Date occurs and ending on the day immediately preceding the current Distribution Date (or206,977.13 in14.256 ~~the case of the first Distribution Date, the period from and including the Closing Date to but excluding such first Distribution Date)~~7.500 ~~For purposes of computing interest accruals on each Class of LIBOR Certificates, each Interest Accrual Period has the actual number of days in such month and each year is assumed to have 360 days~~7.999 ~~With~~472 ~~respect to the Interest-Only Certificates and the Corresponding Class of Lower Tier REMIC Regular Interests and any Distribution Date~~122, ~~the calendar month immediately preceding the month in which such Distribution Date occurs~~619,342.42 For purposes of computing interest accruals on the Interest-Only Certificates and each class of Lower Tier Interests, each Interest Accrual Period shall consist of a thirty day month and each year is assumed to have 360 days18.170 LIBOR With respect to any Interest Accrual Period for the LIBOR Certificates, the rate determined by the Securities Administrator on the related LIBOR Determination Date on the basis of the offered rate for one month U8.S.000 ~~dollar deposits as such rate appears on Telerate Page 3750 as of 11:00 a~~8.m.499 ~~(London~~255 ~~time) on such date; provided~~56, ~~that if such rate does not appear on Telerate Page 3750~~526,770.67 ~~the rate for such date will be determined on the basis of the rates at which one month U~~8.S.376 ~~dollar deposits are offered by the Reference Banks at approximately 11:00 a~~8.m.500 ~~(London time) on such date to prime banks in the London interbank market~~8.999 In862 ~~such event~~138,722,756.07 ~~the~~20.556 ~~Securities Administrator shall request the principal London office of each of the Reference Banks to provide a quotation of its rate~~9.000 ~~If at least two such quotations are provided, the rate for that date will be the arithmetic mean of the quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%)~~9.499 If507 ~~fewer than two quotations are provided as requested~~65, ~~the rate for that date will be the arithmetic mean of the rates quoted by major banks in New York City~~389,597.47 ~~selected by the Securities Administrator (after consultation with the Depositor), at approximately 11:00 a~~9.m.690 ~~(New York City time) on such date for one month U~~9.S.500 ~~dollar loans to leading European banks~~9.999 ~~LIBOR~~415 ~~Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates~~51,186,274.39 ~~the~~7.585 ~~second London Business Day preceding the commencement of such Interest Accrual Period~~10.000 ~~London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market~~10.499 ~~Record~~105 ~~Date With respect to any Distribution Date and any Certificate other than an Interest-Only Certificate~~9, ~~the close of business on the Business Day immediately preceding such Distribution Date; provided~~827,932.46 ~~however,~~1.456 ~~that,~~10.500 ~~for~~10.999 ~~any~~70 ~~Certificate issued in definitive form and for any Interest-Only Certificate~~7, ~~the Record Date shall be the close of business on the last Business Day of the month preceding the month in which such applicable Distribution Date occurs (or~~143,775.21 in1.059 ~~the~~11.000 ~~case of the first Distribution Date, the Closing Date)~~11.499 ~~Remittance~~16 ~~Date With respect to any Distribution Date~~1, ~~the 21st day of the month in which such Distribution Date occurs~~082,667.90 ~~or,~~0.160 if11.500 ~~the~~11.999 ~~21st~~14 ~~is not a Business Day~~853,595.80 ~~the~~0.126 ~~immediately~~12.000 ~~succeeding Business Day~~12.499 ~~Swap~~1 ~~LIBOR With respect to any Distribution Date (and the Accrual Period relating to such Distribution Date)~~64,000.00 ~~the~~0.009 ~~product~~>= of12.500 ~~(i)~~0 ~~the~~0.00 ~~Floating~~0.000 ~~Rate~~Total ~~Option (as defined in the Swap Agreement) for the related Swap Payment Date~~3,345 ~~(ii) two~~674, ~~and (iii) the quotient of (a) the actual number of days in the Accrual Period for the LIBOR Certificates and (b) 30~~845,280.74 ~~as calculated by the Swap Counterparty and furnished to the Securities Administrator~~100.000

Filing Compare · First Franklin Mortgage Loan Trust 2006-FF7