10-D 1 sab06nc2_10d-200612.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: November 28, 2006 to December 26, 2006 Commission File Number of issuing entity: 333-130543-02 Securitized Asset Backed Receivables LLC Trust 2006-NC2 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-130543 Securitized Asset Backed Receivables LLC (Exact name of depositor as specified in its charter) Sutton Funding LLC (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2196936 54-2196937 54-2196938 54-2196939 54-6713940 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices of the issuing entity) (Zip Code) (410) 884-2000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) A-1 _____ _____ __X___ ____________ A-2 _____ _____ __X___ ____________ A-3 _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ B-1 _____ _____ __X___ ____________ B-2 _____ _____ __X___ ____________ B-3 _____ _____ __X___ ____________ B-4 _____ _____ __X___ ____________ B-5 _____ _____ __X___ ____________ X _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __X___ ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On December 26, 2006 a distribution was made to holders of Securitized Asset Backed Receivables LLC Trust 2006-NC2. 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 Securitized Asset Backed Receivables LLC Trust 2006-NC2, relating to the December 26, 2006 distribution. (b) The exhibits required to be filed by Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Securitized Asset Backed Receivables LLC (Depositor) /s/ John Carroll John Carroll, Vice President and CFO Date: January 3, 2007 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Securitized Asset Backed Receivables LLC Trust 2006-NC2, relating to the December 26, 2006 distribution. EX-99.1 Securitized Asset Backed Receivables LLC Trust Mortgage Pass-Through Certificates Distribution Date: 12/26/2006 Securitized Asset Backed Receivables LLC Trust Mortgage Pass-Through Certificates Series 2006-NC2 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 Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance A-1 81376EAA3 12/22/2006 5.~~13250~~36000% ~~271~~167,~~162~~761,~~000~~043.0047 1724,~~005,144~~354.8191 A-2 81376EAB1 12/22/2006 5.~~24250~~47000% 113,015,000.00 ~~427~~497,~~903~~988.04 A-3 81376EAC9 12/22/2006 5.~~33250~~56000% 97,194,000.00 ~~374~~435,~~318~~321.3913 M-1 81376EAD7 12/22/2006 5.~~37250~~60000% 49,702,000.00 ~~192~~224,~~850~~211.6624 M-2 81376EAE5 12/22/2006 5.~~45250~~68000% 32,214,000.00 ~~126~~147,~~856~~396.0595 M-3 81376EAF2 12/22/2006 5.~~55250~~78000% 9,511,000.00 3844,~~140~~284.4327 B-1 81376EAG0 512/22/2006 6.~~97250~~20000% 8,590,000.00 3742,~~052~~902.7328 B-2 81376EAH8 12/22/2006 6.~~09250~~32000% 6,443,000.00 2832,~~350~~802.0903 B-3 81376EAJ4 612/22/2006 7.~~96250~~19000% 6,136,000.00 3035,~~854~~539.7137 B-4 81376EAK1 12/22/2006 7.~~34250~~57000% 4,295,000.00 2226,~~776~~191.0315 B-5 81376EAL9 12/22/2006 7.~~34250~~57000% 6,136,000.00 3237,~~538~~417.7067 X SAB06NC2X 11/30/2006 0.00000% 9,~~205~~204,~~036~~045.9255 1837,~~648,679~~737.7103 P SAB06NC2P 11/30/2006 0.00000% 0.01 ~~297~~248,~~664~~059.6355 R SAB06NC2R 11/30/2006 0.00000% 0.00 0.00 Totals ~~613~~510,~~603~~201,~~036~~089.9303 43,~~263~~334,~~129~~205.9862

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A-1 2113,~~045~~441,~~146~~040.2116 0.00 ~~250~~154,~~116~~320,~~853~~003.7931 2214,~~050~~165,~~291~~395.0207 0.00 A-2 0.00 0.00 113,015,000.00 ~~427~~497,~~903~~988.04 0.00 A-3 0.00 0.00 97,194,000.00 ~~374~~435,~~318~~321.3913 0.00 M-1 0.00 0.00 49,702,000.00 ~~192~~224,~~850~~211.6624 0.00 M-2 0.00 0.00 32,214,000.00 ~~126~~147,~~856~~396.0595 0.00 M-3 0.00 0.00 9,511,000.00 3844,~~140~~284.4327 0.00 B-1 0.00 0.00 8,590,000.00 3742,~~052~~902.7328 0.00 B-2 0.00 0.00 6,443,000.00 2832,~~350~~802.0903 0.00 B-3 0.00 0.00 6,136,000.00 3035,~~854~~539.7137 0.00 B-4 0.00 0.00 4,295,000.00 2226,~~776~~191.0315 0.00 B-5 0.00 0.00 6,136,000.00 3237,~~538~~417.7067 0.00 X 0.00 0.00 9,204,045.55 1837,~~648,679~~737.7103 0.00 P 0.00 0.00 0.01 ~~297~~248,~~664~~059.6355 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 2113,~~045~~441,~~146~~040.2116 0.00 ~~592~~496,~~556~~760,~~899~~048.3587 2516,~~308~~775,~~276~~245.1978 0.00 This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution A-1 271,162,000.00 ~~271~~167,~~162~~761,~~000~~043.0047 0.00 2113,~~045~~441,~~146~~040.2116 0.00 0.00 A-2 113,015,000.00 113,015,000.00 0.00 0.00 0.00 0.00 A-3 97,194,000.00 97,194,000.00 0.00 0.00 0.00 0.00 M-1 49,702,000.00 49,702,000.00 0.00 0.00 0.00 0.00 M-2 32,214,000.00 32,214,000.00 0.00 0.00 0.00 0.00 M-3 9,511,000.00 9,511,000.00 0.00 0.00 0.00 0.00 B-1 8,590,000.00 8,590,000.00 0.00 0.00 0.00 0.00 B-2 6,443,000.00 6,443,000.00 0.00 0.00 0.00 0.00 B-3 6,136,000.00 6,136,000.00 0.00 0.00 0.00 0.00 B-4 4,295,000.00 4,295,000.00 0.00 0.00 0.00 0.00 B-5 6,136,000.00 6,136,000.00 0.00 0.00 0.00 0.00 X 9,205,036.92 9,~~205~~204,~~036~~045.9255 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 613,603,036.93 ~~613~~510,~~603~~201,~~036~~089.9303 0.00 2113,~~045~~441,~~146~~040.2116 0.00 0.00

Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 2113,~~045~~441,~~146~~040.2116 ~~250~~154,~~116~~320,~~853~~003.7931 0.~~92238903~~56910630 2113,~~045~~441,~~146~~040.2116 A-2 0.00 113,015,000.00 1.00000000 0.00 A-3 0.00 97,194,000.00 1.00000000 0.00 M-1 0.00 49,702,000.00 1.00000000 0.00 M-2 0.00 32,214,000.00 1.00000000 0.00 M-3 0.00 9,511,000.00 1.00000000 0.00 B-1 0.00 8,590,000.00 1.00000000 0.00 B-2 0.00 6,443,000.00 1.00000000 0.00 B-3 0.00 6,136,000.00 1.00000000 0.00 B-4 0.00 4,295,000.00 1.00000000 0.00 B-5 0.00 6,136,000.00 1.00000000 0.00 X 0.00 9,204,045.55 0.99989230 0.00 P 0.00 0.01 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 2113,~~045~~441,~~146~~040.2116 ~~592~~496,~~556~~760,~~899~~048.3587 0.~~96570073~~80957886 2113,~~045~~441,~~146~~040.2116

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A-1 271,162,000.00 ~~1000~~618.~~00000000~~67460584 0.00000000 7749.~~61097134~~56830293 0.00000000 A-2 113,015,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 97,194,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 49,702,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 32,214,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 9,511,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 8,590,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 6,443,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 6,136,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 4,295,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 6,136,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 9,205,036.92 ~~1000~~999.~~00000000~~89230136 0.00000000 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A-1 0.00000000 7749.~~61097134~~56830293 ~~922~~569.~~38902866~~10630291 0.~~92238903~~56910630 7749.~~61097134~~56830293 A-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.89230136 0.99989230 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All classes per $1,000 denomination.

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance A-1 0511/3127/06 - 0612/25/06 2629 5.~~13250~~36000% ~~271~~167,~~162~~761,~~000~~043.0047 1724,~~005,144~~354.8191 0.00 A-2 0511/3127/06 - 0612/25/06 2629 5.~~24250~~47000% 113,015,000.00 ~~427~~497,~~903~~988.04 0.00 A-3 0511/3127/06 - 0612/25/06 2629 5.~~33250~~56000% 97,194,000.00 ~~374~~435,~~318~~321.3913 0.00 M-1 0511/3127/06 - 0612/25/06 2629 5.~~37250~~60000% 49,702,000.00 ~~192~~224,~~850~~211.6624 0.00 M-2 0511/3127/06 - 0612/25/06 2629 5.~~45250~~68000% 32,214,000.00 ~~126~~147,~~856~~396.0595 0.00 M-3 0511/3127/06 - 0612/25/06 2629 5.~~55250~~78000% 9,511,000.00 3844,~~140~~284.4327 0.00 B-1 0511/3127/06 - 0612/25/06 2629 56.~~97250~~20000% 8,590,000.00 3742,~~052~~902.7328 0.00 B-2 0511/3127/06 - 0612/25/06 2629 6.~~09250~~32000% 6,443,000.00 2832,~~350~~802.0903 0.00 B-3 0511/3127/06 - 0612/25/06 2629 67.~~96250~~19000% 6,136,000.00 3035,~~854~~539.7137 0.00 B-4 0511/3127/06 - 0612/25/06 2629 7.~~34250~~57000% 4,295,000.00 2226,~~776~~191.0315 0.00 B-5 0511/3127/06 - 0612/25/06 2629 7.~~34250~~57000% 6,136,000.00 3237,~~538~~417.7067 0.00 X N/A N/A 0.00000% ~~592~~496,~~556~~760,~~899~~048.3486 0.00 0.00 P N/A N/A 0.00000% 0.01 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 Totals 2,~~316~~248,~~785~~409.6404 0.00

Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A-1 0.00 0.00 1724,~~005,144~~354.8191 0.00 ~~250~~154,~~116~~320,~~853~~003.7931 A-2 0.00 0.00 ~~427~~497,~~903~~988.04 0.00 113,015,000.00 A-3 0.00 0.00 ~~374~~435,~~318~~321.3913 0.00 97,194,000.00 M-1 0.00 0.00 ~~192~~224,~~850~~211.6624 0.00 49,702,000.00 M-2 0.00 0.00 ~~126~~147,~~856~~396.0595 0.00 32,214,000.00 M-3 0.00 0.00 3844,~~140~~284.4327 0.00 9,511,000.00 B-1 0.00 0.00 3742,~~052~~902.7328 0.00 8,590,000.00 B-2 0.00 0.00 2832,~~350~~802.0903 0.00 6,443,000.00 B-3 0.00 0.00 3035,~~854~~539.7137 0.00 6,136,000.00 B-4 0.00 0.00 2226,~~776~~191.0315 0.00 4,295,000.00 B-5 0.00 0.00 3237,~~538~~417.7067 0.00 6,136,000.00 X 0.00 0.00 1837,~~648,679~~737.7103 0.00 0.00 P 0.00 0.00 ~~297~~248,~~664~~059.6355 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 43,~~263~~334,~~129~~205.9862 0.00 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.

Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance A-1 271,162,000.00 5.~~13250~~36000% ~~1000~~618.~~00000000~~67460584 32.~~70680556~~67129948 0.00000000 A-2 113,015,000.00 5.~~24250~~47000% 1000.00000000 34.~~78624997~~40638889 0.00000000 A-3 97,194,000.00 5.~~33250~~56000% 1000.00000000 34.~~85124997~~47888892 0.00000000 M-1 49,702,000.00 5.~~37250~~60000% 1000.00000000 34.~~88013883~~51111102 0.00000000 M-2 32,214,000.00 5.~~45250~~68000% 1000.00000000 34.~~93791674~~57555566 0.00000000 M-3 9,511,000.00 5.~~55250~~78000% 1000.00000000 4.~~01013879~~65611082 0.00000000 B-1 8,590,000.00 56.~~97250~~20000% 1000.00000000 4.~~31347264~~99444470 0.00000000 B-2 6,443,000.00 6.~~09250~~32000% 1000.00000000 45.~~40013813~~09111128 0.00000000 B-3 6,136,000.00 67.~~96250~~19000% 1000.00000000 5.~~02847295~~79194426 0.00000000 B-4 4,295,000.00 7.~~34250~~57000% 1000.00000000 56.~~30291735~~09805588 0.00000000 B-5 6,136,000.00 7.~~34250~~57000% 1000.00000000 56.~~30291721~~09805574 0.00000000 X 9,205,036.92 0.00000% ~~64373~~53966.~~11490327~~11150800 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A-1 0.00000000 0.00000000 32.~~70680556~~67129948 0.00000000 ~~922~~569.~~38902866~~10630291 A-2 0.00000000 0.00000000 34.~~78624997~~40638889 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 34.~~85124997~~47888892 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 34.~~88013883~~51111102 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 34.~~93791674~~57555566 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.~~01013879~~65611082 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 4.~~31347264~~99444470 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 45.~~40013813~~09111128 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 5.~~02847295~~79194426 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 56.~~30291735~~09805588 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 56.~~30291721~~09805574 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~179~~91.~~10625719~~00854644 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable. NOTE: All classes per $1,000 denomination.

~~CERTIFICATEHOLDER~~Certificateholder ~~ACCOUNT~~Account ~~STATEMENT~~Statement CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2516,~~285~~837,~~065~~445.9370 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 6911,~~953~~715.8751 Gains & Subsequent Recoveries (Realized Losses) 0(123,545.0066) Prepayment Penalties ~~297~~248,~~664~~059.6355 Swap/Cap Payments 02,099.0004 Total Deposits 2517,~~589~~875,~~684~~774.4314 Withdrawals Swap Payments 1779,~~047~~023.5980 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 0801,692.0092 Total Administration Fees ~~264~~219,~~360~~811.6564 Payment of Interest and Principal 2516,~~308~~775,~~276~~245.1978 Total Withdrawals (Pool Distribution Amount) 2517,~~589~~875,~~684~~774.4314 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* ~~255~~212,~~667~~583.9478 Loan Performance Advisor Fee - Officetiger Global 76,~~670~~377.0452 Securities Administrator Fee - Wells Fargo Bank, N.A. ~~1,022~~850.6734 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~264~~219,~~360~~811.6564 *Servicer Payees include: WELLS FARGO BANK, N.A.

Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Excess Reserve Fund Account 0.00 0.00 0.00 0.00 Supplemental Interest Account 0.00 02,099.0004 02,099.0004 0.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Interest Rate Cap Payment - Barclays Bank PLC 02,099.0004 0.00 02,099.0004 Swap Payment - Barclays Bank PLC 2,~~212~~091,~~927~~216.2821 2,~~229~~170,~~974~~240.8701 (1779,~~047~~023.5980)

~~COLLATERAL~~Collateral ~~STATEMENT~~Statement Group Group 1 Group 2 Collateral Description ~~Mixed~~Fixed 15/30 & ARM Fixed 15/30 & ~~Arm~~ARM Weighted Average ~~Gross~~ Coupon Rate 8.~~303509%~~161708 8.504184 Weighted Average Net ~~Coupon~~Rate 7.~~803509%~~661708 8.004184 Weighted Average Pass-Through Rate 7.~~786509%~~644708 7.987184 Weighted Average Remaining Term ~~355~~350 ~~Beginning~~343 ~~Scheduled~~Principal ~~Collateral~~And Interest Constant 2,754,530.90 1,008,363.31 Beginning Loan Count 31,~~405~~900 ~~Number~~1,014 Of Loans Paid Inin Full 8553 21 Ending ~~Scheduled Collateral~~ Loan Count 31,~~320~~847 993 Beginning Scheduled ~~Collateral~~ Balance ~~613~~381,~~603~~339,~~036~~635.9218 128,861,453.84 Ending Scheduled ~~Collateral~~ Balance ~~592~~370,~~556~~140,~~899~~319.3403 ~~Ending~~126,619,729.83 Actual Ending Collateral Balance at370,416,117.83 ~~31-May-2006~~126,734,765.11 ~~592~~Scheduled Principal 160,~~804~~878.50 95,~~337~~145.7334 ~~Monthly~~Unscheduled ~~P&I~~Principal ~~Constant~~11,038,437.65 42,~~530~~146,~~724~~578.67 Scheduled Interest 2,593,652.40 ~~Special~~913,217.97 Servicing ~~Fee~~Fees 158,891.51 53,692.27 Master Servicing Fees 0.00 ~~Prepayment~~0.00 ~~Penalty~~Trustee ~~Waived~~Fee 0.00 0.00 FRY Amount 0.00 ~~Prepayment~~0.00 ~~Penalty~~Special ~~Waived~~Hazard ~~Count~~Fee 0.00 ~~Prepayment~~0.00 ~~Penalty~~Other ~~Paid~~Fee ~~Amount~~5,402.32 ~~297~~1,~~664~~825.6354 ~~Prepayment~~Pool ~~Penalty~~Insurance ~~Paid~~Fee ~~Count~~0.00 400.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 2,429,358.57 857,700.16 Realized Loss Amount 0.00 123,545.66 Cumulative Realized Loss 0.00 ~~Scheduled~~322,593.30 ~~Principal~~Percentage ~~284,842~~of Cumulative Losses 0.330000 ~~Unscheduled~~0.2229 ~~Principal~~Prepayment 20Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 210,~~761~~540.31 37,~~295~~519.2524 Prepayment Penalty Paid Count 37 12 Special Servicing Fee 0.00 0.00

~~Group Level~~ Collateral Statement Group ~~Group~~Total ~~1 Group 2~~ Collateral Description ~~Fixed~~Mixed ~~15/30 & ARM~~ Fixed ~~15/30~~ & ~~ARM~~Arm Weighted Average Coupon Rate 8.~~227405~~248207 ~~8.550089~~ Weighted Average Net Rate 7.~~727405~~748208 ~~8.050089~~Weighted Average Pass-Through Rate 7.~~710405~~731207 ~~8.033089~~ Weighted Average Remaining Term ~~356~~348 ~~350 Record Date 05/31/2006 05/31/2006~~ Principal And Interest Constant 3,~~399~~762,~~682~~894.9621 ~~1,131,041.44~~ Beginning Loan Count 2,~~269~~914 ~~1,136~~ Loans Paid in Full 7374 12 Ending Loan Count 2,~~196~~840 ~~1,124~~ Beginning Scheduled Balance ~~468~~510,~~886~~201,~~600~~089.0302 ~~144,716,436.89~~ Ending Scheduled Balance ~~449~~496,~~230~~760,~~372~~048.1186 ~~143~~Actual Ending Collateral Balance 497,~~326~~150,~~527~~882.2394 Scheduled Principal ~~184~~256,~~916~~023.2284 ~~99,926.11~~ Unscheduled Principal 1913,~~471~~185,~~311~~016.7032 ~~1,289,983.55~~ Scheduled Interest 3,~~214~~506,~~766~~870.7437 ~~1,031,115.33~~ Servicing Fees ~~195~~212,~~369~~583.4278 ~~60,298.52~~ Master Servicing Fees 0.00 ~~0.00~~ Trustee Fee 0.00 ~~0.00~~ FRY Amount 0.00 ~~0.00~~ Special Hazard Fee 0.00 ~~0.00~~ Other Fee 67,~~642~~227.5686 ~~2,050.15~~ 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 3,~~012~~287,~~754~~058.7673 ~~968,766.66~~ Realized Loss Amount 0123,545.0066 ~~0.00~~ Cumulative Realized Loss 0322,593.0030 ~~0.00~~ Percentage of Cumulative Losses 0.~~0000~~0526 ~~0.0000~~ Prepayment Penalty Waived Amount 0.00 ~~0.00~~ Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount ~~280~~248,~~957~~059.4355 ~~16,707.20~~ Prepayment Penalty Paid Count 3349 7 Special Servicing Fee 0.00 ~~0.00~~

~~Group~~Additional ~~Level~~Reporting ~~Collateral~~- ~~Statement~~Deal ~~Group~~Level ~~Total~~Cash ~~Collateral~~Reporting ~~Description~~Misc ~~Mixed~~Bond ~~Fixed~~Adjustment &(442.40) ~~Arm~~Miscellaneous ~~Weighted~~Reporting ~~Average~~Credit ~~Coupon~~Enhancement ~~Rate~~Percentage 826.~~303509~~618696% ~~Weighted~~LIBOR ~~Average Net Rate 7~~5.~~803509~~320000% ~~Pass-Through~~SWAP ~~Rate~~LIBOR 75.~~786509~~320000% ~~Weighted~~Structural ~~Average~~Reporting ~~Remaining~~Total ~~Term~~Monthly ~~355~~Excess ~~Record~~Spread ~~Date 05/31/2006 Principal And Interest Constant 4~~1,~~530~~038,~~724~~207.4060 ~~Beginning~~Extra ~~Loan~~Principal ~~Count~~Distribution 3123,~~405 Loans Paid in Full 85 Ending Loan Count 3,320 Beginning Scheduled Balance 613,603,036~~545.9266 ~~Ending~~Subordinated ~~Scheduled~~Amount ~~Balance 592~~9,~~556~~204,~~899~~045.3455 ~~Scheduled~~Subordinated ~~Principal~~Deficiency ~~284,842.33~~Amount ~~Unscheduled Principal 20~~123,~~761,295~~545.2566 ~~Scheduled~~Subordinated ~~Interest~~Increase ~~4,245,882.07~~Amount ~~Servicing Fees 255~~123,~~667~~545.9466 ~~Master~~Subordinated ~~Servicing~~Reduction ~~Fees~~Amount 0.00 ~~Trustee~~Specified ~~Fee~~Subordinated ~~0.00 FRY~~ Amount ~~0.00 Special Hazard Fee 0.00 Other Fee 8~~9,~~692~~204,045.7155 ~~Pool~~Stepdown ~~Insurance~~Date ~~Fee~~NO ~~0.00~~Trigger ~~Spread~~Event 1Reporting ~~0.00~~Delinquency ~~Spread~~Trigger 2Event ~~0.00~~Trigger ~~Spread~~Result 3Pass ~~0.00~~Threshold ~~Net~~Value ~~Interest 3,981,521~~9.42848917% ~~Realized~~Calculated ~~Loss~~Value ~~Amount 0~~8.00518880% Cumulative ~~Realized~~ Loss ~~0.00~~Trigger ~~Percentage~~Event ofTrigger ~~Cumulative~~Result ~~Losses~~Pass ~~0.0000~~Threshold ~~Prepayment~~Value ~~Penalty Waived Amount 0~~1.00300000% ~~Prepayment~~Calculated ~~Penalty~~Value ~~Waived Count~~ 0 ~~Prepayment Penalty Paid Amount 297,664~~.63048901% ~~Prepayment~~Trigger ~~Penalty~~Event ~~Paid~~Trigger ~~Count~~Result ~~40 Special Servicing Fee 0.00~~Pass

~~Additional~~Delinquency ~~Reporting~~Status -DELINQUENT ~~Deal~~BANKRUPTCY ~~Level~~FORECLOSURE ~~Cash~~REO ~~Reporting~~Total ~~Misc~~No. ~~Bond~~of ~~Adjustment~~Loans 0No.00 ~~Miscellaneous~~of ~~Reporting~~Loans ~~Credit~~No. ~~Enhancement~~of ~~Percentage~~Loans 22No.~~315500%~~ ~~LIBOR~~of 5Loans No.~~092500%~~ ~~SWAP~~of ~~LIBOR~~Loans ~~5.092500%~~Actual ~~Structural~~Balance ~~Reporting~~Actual ~~Total~~Balance ~~Monthly~~Actual ~~Excess~~Balance ~~Spread~~Actual 1Balance Actual Balance 0-29 Days 9 0 0 9 977,~~665~~119.90 0.00 0.00 977,~~727~~119.90 30 ~~Extra~~Days ~~Principal~~153 ~~Distribution~~0 0 0 153 25,561,294.45 0.00 ~~Subordinated~~0.00 ~~Amount~~0.00 925,~~204~~561,~~045~~294.5545 ~~Subordinated~~60 ~~Deficiency~~Days ~~Amount~~61 0 4 0 65 11,222,057.66 0.00 ~~Subordinated~~495,662.28 ~~Increase~~0.00 ~~Amount~~11,717,719.94 90 Days 23 2 30 0 55 3,426,800.18 581,725.33 4,071,433.24 0.00 ~~Subordinated~~8,079,958.75 ~~Reduction~~120 ~~Amount~~Days ~~991~~12 2 28 2 44 1,187,370.3765 ~~Specified~~179,913.39 ~~Subordinated~~6,032,648.20 ~~Amount~~162,885.96 97,~~204~~562,~~045~~818.20 150 Days 5 4 19 1 29 535,823.66 764,059.83 3,882,114.98 241,343.18 5,423,341.65 180+ Days 10 6 55 ~~Stepdown~~18 ~~Date~~89 NO1,079,935.09 ~~Trigger~~695,840.18 ~~Event~~11,179,706.19 ~~Reporting~~2,558,258.46 ~~Delinquency~~15,513,739.92 ~~Trigger~~Totals ~~Event~~264 ~~Trigger~~23 ~~Result~~136 ~~Pass~~21 ~~Threshold~~444 ~~Value~~43,013,281.69 83,198,658.~~256673~~63 25,661,564.89 2,962,487.60 74,835,992.81 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 0.316901% ~~Calculated~~0.000000% ~~Value~~0.000000% 0.316901% 0.196544% 0.000000% ~~Cumulative~~0.000000% ~~Loss~~0.196544% ~~Trigger~~30 ~~Event~~Days ~~Trigger~~5.387324% ~~Result~~0.000000% ~~Pass~~0.000000% ~~Threshold~~0.000000% ~~Value~~5.387324% 65.~~600000~~141557% ~~Calculated~~0.000000% ~~Value~~0.000000% 0.000000% ~~Trigger~~5.141557% ~~Event~~60 ~~Trigger~~Days ~~Result~~2.147887% ~~Pass~~0.000000% 0.140845% 0.000000% 2.288732% 2.257274% 0.000000% 0.099701% 0.000000% 2.356975% 90 Days 0.809859% 0.070423% 1.056338% 0.000000% 1.936620% 0.689288% 0.117012% 0.818953% 0.000000% 1.625253% 120 Days 0.422535% 0.070423% 0.985915% 0.070423% 1.549296% 0.238835% 0.036189% 1.213444% 0.032764% 1.521232% 150 Days 0.176056% 0.140845% 0.669014% 0.035211% 1.021127% 0.107779% 0.153688% 0.780873% 0.048545% 1.090884% 180+ Days 0.352113% 0.211268% 1.936620% 0.633803% 3.133803% 0.217225% 0.139966% 2.248755% 0.514584% 3.120529% Totals 9.295775% 0.809859% 4.788732% 0.739437% 15.633803% 8.651957% 0.643398% 5.161726% 0.595893% 15.052974%

~~LOAN~~Current ~~STATUS~~Period ~~STRATIFICATION/CREDIT~~Class ~~ENHANCEMENT~~A ~~STATEMENT~~Insufficient ~~DELINQUENT~~Funds ~~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~~Principal ~~0.00~~Balance ~~0.00~~of 30Contaminated ~~Days~~Properties 5 0 ~~0 0 5 295,547~~.~~10 0.~~00 ~~0.00~~Periodic ~~0.00~~Advance ~~295~~911,~~547~~715.10 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 0 0 0 5 295,547.10 0.00 0.00 0.00 295,547.10 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.150602% 0.000000% 0.000000% 0.000000% 0.150602% 0.049856% 0.000000% 0.000000% 0.000000% 0.049856% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.150602% 0.000000% 0.000000% 0.000000% 0.150602% 0.049856% 0.000000% 0.000000% 0.000000% 0.049856%51

~~Current~~180+ ~~Period~~Delinquency ~~Class~~Summary ASummary ~~Insufficient~~Days ~~Funds~~Number of Outstanding Percentage of Delinquent Loans Actual Balance(%) Balance($) 180 - 209 40 7,029,715.94 1.414 210 - 239 30 4,641,943.61 0.00934 ~~Principal~~240 ~~Balance~~- of269 ~~Contaminated~~18 ~~Properties~~3,330,080.37 0.670 270 - 299 1 512,000.00 ~~Periodic~~0.103 ~~Advance~~Total 689 15,~~953~~513,739.8792 3.121 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

~~SUBORDINATION~~Summary ~~LEVEL/CREDIT~~12 ~~ENHANCEMENT/CLASS~~Month ~~PERCENTAGE~~REO ~~AND~~History* ~~PREPAYMENT~~New ~~PERCENTAGE~~REO ~~Current~~Loans ~~Original~~Month $REO ~~Original~~Percentage %Loans ~~Current~~in $REO ~~Current~~16 %Jan-06 ~~Class% Prepayment% Class R 132,232,036.93 21.55009493% 132,231,045.56 22.31533304%~~ 0.~~000000~~000% ~~0.000000%~~Original ~~Class~~Principal ~~M-1~~Balance 822,~~530~~193,~~036~~772.9300 ~~13.45006983%~~Feb-06 ~~82,529,045~~0.~~56 13.92761533~~000% ~~8.387718%~~Current ~~0.000000%~~Actual ~~Class~~Balance M-2 50,~~316~~191,~~036~~158.9396 ~~8.20009581%~~Mar-06 ~~50,315,045.56 8.49117538% 5.436440%~~ 0.~~000000~~000% ~~Class M~~Apr-306 ~~40,805,036~~0.~~93 6.65007089~~000% ~~40,804,045.56~~Current ~~6.88609745%~~REO ~~1.605078%~~Total ~~0.000000% Class B~~May-106 ~~32,215,036~~0.~~93 5.25014301~~000% ~~32,214,045.56~~Loans ~~5.43644764%~~in ~~1.449650%~~REO ~~0.000000%~~21 ~~Class B~~Jun-206 ~~25,772,036.93 4.20011561% 25,771,045.56 4.34912590% 1.087322%~~ 0.~~000000~~000% ~~Class~~Original ~~B-3~~Principal ~~19,636,036.93~~Balance ~~3.20012056% 19~~2,~~635~~966,~~045~~122.5600 ~~3.31361353%~~Jul-06 ~~1.035512%~~ 0.~~000000~~000% ~~Class~~Current ~~B-4~~Actual ~~15,341,036.93~~Balance 2~~.50015662% 15~~,~~340~~962,~~045~~487.5660 ~~2.58878862%~~Aug-06 0.~~724825~~000% Sep-06 0.~~000000~~023% ~~Class B~~Oct-506 ~~9,205,036~~0.~~93 1.50016157~~143% ~~9,204,045.56~~Nov-06 10.~~55327625~~173% ~~1.035512%~~Dec-06 0.~~000000~~596% ~~Class~~*The Xtext ~~0.01~~reported ~~0.00000000%~~in ~~0.01~~the ~~0.00000000%~~above ~~1.553276%~~table ~~0.000000%~~is ~~Class~~presented Pgraphically ~~0.00~~on ~~0.00000000%~~the ~~0.00~~monthly ~~0.00000000%~~bond ~~0.000000%~~remittance 0report.~~000000%~~ ~~Please~~The ~~Refer~~monthly tobond ~~the~~remittance ~~Prospectus~~report ~~Supplement~~can ~~for~~be aviewed ~~Full~~online ~~Description~~at ~~of Loss Exposure~~www.ctslink.com.

~~Summary~~REO 12Loan ~~Month~~Detail ~~REO~~- History*All ~~New~~Mortgage Loans in REO ~~Loans~~during Current Period Month ~~REO~~Loan ~~Percentage~~First ~~Loans~~Original inLoan Entered Payment LTV at Principal Group Number REO 0Date ~~Jul~~State Origination Balance Group 1 1003923240 Dec-052006 001-Nov-2005 TX 80.00 242,000%.00 ~~Original~~Group ~~Principal~~1 ~~Balance~~1004419588 0Oct-2006 01-Jan-2006 GA 85.00 ~~Aug~~120,700.00 Group 1 1004615562 Dec-052006 001-Jan-2006 MI 90.00 81,000%.00 ~~Current~~Group ~~Actual~~1 ~~Balance~~1004997098 0Dec-2006 01-Feb-2006 MI 80.00 ~~Sep~~198,762.00 Group 1 1005032289 Dec-052006 001-Feb-2006 MI 100.00 100,000%.00 ~~Oct~~Group 1 1005193809 Dec-052006 001-Feb-2006 NV 95.~~000%~~00 ~~Current~~444,350.00 ~~REO~~Group ~~Total~~1 ~~Nov~~1005201872 Dec-052006 001-Feb-2006 KS 80.~~000%~~00 ~~Loans~~74,160.00 inGroup ~~REO~~1 01005235319 ~~Dec~~Sep-052006 001-Feb-2006 MO 80.~~000%~~00 ~~Original~~123,200.00 ~~Principal~~Group ~~Balance~~1 01005252558 Dec-2006 01-Feb-2006 NC 85.00 ~~Jan~~101,150.00 Group 1 1005322527 Oct-062006 001-Feb-2006 TN 80.00 130,000%.00 ~~Current~~Group ~~Actual~~1 ~~Balance~~1005413652 0Dec-2006 01-Feb-2006 TN 80.00 60,000.00 Group 1 1005446001 Dec-2006 01-Feb-062006 0FL 64.57 82,000%.00 ~~Mar~~Group 1 1005446056 Dec-062006 001-Feb-2006 MI 80.00 132,000%.00 ~~Apr~~Group 1 1005498179 Dec-062006 001-Feb-2006 MN 95.~~000%~~00 ~~May~~308,750.00 Group 1 1005575674 Dec-062006 001-Feb-2006 MI 75.~~000%~~00 ~~Jun~~93,750.00 Group 1 1005722266 Dec-062006 001-Mar-2006 MN 80.~~000%~~00 *The50,400.00 ~~text~~Group ~~reported~~1 in1005882084 ~~the~~Nov-2006 ~~above~~01-Mar-2006 ~~table~~MO is85.00 ~~presented~~75,650.00 ~~graphically~~Group on1 ~~the~~1005943054 ~~monthly~~Dec-2006 ~~bond~~01-Mar-2006 ~~remittance~~MI ~~report~~80.00 ~~The~~52,000.00 ~~monthly~~Group ~~bond~~1 ~~remittance~~1006063216 ~~report~~Dec-2006 ~~can~~01-Mar-2006 beSC ~~viewed~~90.00 ~~online~~62,100.00 atGroup ~~www~~2 1005080235 Dec-2006 01-Jan-2006 TN 85.~~ctslink~~00 111,350.~~com~~00 Group 2 1005224401 Oct-2006 01-Feb-2006 GA 80.00 322,800.00

REO Loan Detail - All Mortgage Loans in 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 ~~REO~~Balance Date ~~State~~Delinquent ~~Origination~~Rate ~~Balance~~Interest NoGroup ~~REO~~1 ~~Loans~~1003923240 ~~this~~241,343.18 ~~Period~~01-May-2006 5 7.000% 9,139.89 Group 1 1004419588 120,512.79 01-Mar-2006 7 9.300% 7,052.60 Group 1 1004615562 80,935.08 01-Apr-2006 6 9.300% 4,744.65 Group 1 1004997098 198,358.19 01-Apr-2006 6 7.987% 9,875.73 Group 1 1005032289 99,863.82 01-Apr-2006 6 9.950% 6,280.81 Group 1 1005193809 444,213.12 01-Mar-2006 7 10.100% 28,408.74 Group 1 1005201872 74,118.61 01-Apr-2006 6 9.550% 4,468.75 Group 1 1005235319 123,131.20 01-Feb-2006 8 8.894% 6,868.14 Group 1 1005252558 101,102.56 01-Feb-2006 8 9.725% 6,200.89 Group 1 1005322527 129,675.26 01-Apr-2006 6 6.950% 5,558.78 Group 1 1005413652 59,904.96 01-Apr-2006 6 9.200% 3,467.62 Group 1 1005446001 81,984.22 01-Feb-2006 8 9.350% 4,831.68 Group 1 1005446056 131,786.52 01-Apr-2006 6 9.100% 7,540.52 Group 1 1005498179 308,608.87 01-Apr-2006 6 10.150% 19,842.50 Group 1 1005575674 93,639.64 01-Apr-2006 6 10.600% 6,295.78 Group 1 1005722266 50,380.39 01-Mar-2006 7 10.600% 3,385.99 Group 1 1005882084 75,578.36 01-Apr-2006 6 9.700% 4,627.29 Group 1 1005943054 51,907.81 01-Jun-2006 4 10.050% 2,475.75 Group 1 1006063216 62,033.84 01-Apr-2006 6 9.725% 3,808.37 Group 2 1005080235 110,978.15 01-Jun-2006 4 9.000% 4,709.74 Group 2 1005224401 322,431.03 01-Mar-2006 7 8.800% 17,792.65

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

~~REO~~Summary ~~Loan~~12 ~~Detail~~Month -Foreclosure ~~All~~History* ~~Mortgage~~New Foreclosure Loans Month Foreclosure Percentage Loans in ~~REO~~Foreclosure ~~during~~41 ~~Current~~Jan-06 ~~Period~~0.000% ~~(continued)~~Original Principal Balance 5,882,024.00 Feb-06 0.000% Current ~~Paid~~Actual Balance 5,865,069.71 Mar-06 0.000% Apr-06 0.000% Current ~~Approximate~~Foreclosure ~~Loan~~Total ~~Actual~~May-06 To0.000% ~~Months~~Loans ~~Loan~~in ~~Delinquent~~Foreclosure ~~Group~~136 ~~Number~~Jun-06 0.000% Original Principal Balance ~~Date~~25,709,751.00 ~~Delinquent~~Jul-06 ~~Rate~~0.031% ~~Interest~~Current NoActual ~~REO~~Balance ~~Loans~~25,661,564.89 ~~this~~Aug-06 ~~Period~~1.739% Sep-06 2.771% Oct-06 3.389% Nov-06 4.480% Dec-06 5.162% *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 ~~Foreclosure~~- History*All ~~New~~Mortgage Loans in Foreclosure ~~Loans~~during Current Period Month ~~Foreclosure~~Loan ~~Percentage~~First ~~Loans~~Original inLoan ~~Foreclosure~~Entered 0Payment ~~Jul~~LTV at Principal Group Number FC Date State Origination Balance Group 1 0002251791 Aug-052006 001-Feb-2006 CO 84.~~000%~~14 ~~Original~~151,450.00 ~~Principal~~Group ~~Balance~~1 01003383715 Nov-2006 01-Oct-2005 IA 80.00 50,400.00 Group 1 1003774375 Aug-052006 001-Nov-2005 NJ 80.00 196,800.00 Group 1 1003814705 Nov-2006 01-Feb-2006 TX 85.00 114,665.00 Group 1 1003930018 Aug-2006 01-Dec-2005 MI 90.00 74,610.00 Group 1 1003980516 Sep-2006 01-Jan-2006 PA 55.75 63,000%.00 ~~Current~~Group ~~Actual~~1 ~~Balance~~1004166805 0Aug-2006 01-Jan-2006 IN 85.00 50,150.00 Group 1 1004200867 Sep-052006 001-Jan-2006 IL 79.99 350,700.00 Group 1 1004294454 Sep-2006 01-Jan-2006 HI 88.24 600,000%.00 Group 1 1004296498 Aug-2006 01-Dec-2005 OH 100.00 500,000.00 Group 1 1004347255 Dec-2006 01-Feb-2006 MI 90.00 66,600.00 Group 1 1004371049 Aug-2006 01-Feb-2006 CA 80.00 556,000.00 Group 1 1004399742 Dec-2006 01-Jan-2006 NC 85.00 89,250.00 Group 1 1004453610 Oct-052006 001-Jan-2006 CA 85.00 157,250.00 Group 1 1004525222 Nov-2006 01-Feb-2006 TX 85.00 78,200.00 Group 1 1004612048 Aug-2006 01-Feb-2006 CA 80.00 300,000%.00 ~~Current~~Group ~~Foreclosure~~1 ~~Total~~1004672697 Oct-2006 01-Feb-2006 CA 80.00 330,400.00 Group 1 1004711173 Dec-2006 01-Jan-2006 IN 71.43 50,000.00 Group 1 1004730287 Nov-052006 001-Jan-2006 AZ 80.00 440,000%.00 ~~Loans~~Group in1 ~~Foreclosure~~1004785094 0Nov-2006 01-Feb-2006 WV 83.95 68,000.00 Group 1 1004802501 Nov-2006 01-Jan-2006 GA 85.00 106,250.00 Group 1 1004807748 Nov-2006 01-Feb-2006 CA 80.00 448,000.00 Group 1 1004877609 Oct-2006 01-Feb-2006 NH 80.00 168,000.00 Group 1 1004892833 Nov-2006 01-Feb-2006 TX 85.00 89,250.00 Group 1 1004902270 Nov-2006 01-Mar-2006 PA 85.00 119,000.00 Group 1 1004911554 Sep-2006 01-Jan-2006 IN 80.00 192,000.00 Group 1 1004914445 Sep-2006 01-Feb-2006 AR 94.91 214,500.00 Group 1 1004966870 Sep-2006 01-Feb-2006 OH 90.00 109,800.00 Group 1 1004968967 Sep-2006 01-Jan-2006 FL 72.39 194,000.00 Group 1 1005005683 Dec-052006 001-Mar-2006 CA 80.00 188,000%.00 ~~Original~~Group ~~Principal~~1 ~~Balance~~1005023770 0Sep-2006 01-Feb-2006 IL 90.00 148,500.00 Group 1 1005033956 Aug-2006 01-Feb-2006 IN 80.00 68,800.00 Group 1 1005048101 Nov-2006 01-Feb-2006 AL 80.00 73,600.00 Group 1 1005055940 Dec-2006 01-Feb-2006 IN 75.00 75,375.00 Group 1 1005088718 Nov-2006 01-Feb-2006 FL 80.26 183,000.00 Group 1 1005093052 Sep-2006 01-Feb-2006 NY 80.00 200,000.00 Group 1 1005100883 Oct-2006 01-Feb-2006 GA 80.00 79,120.00 Group 1 1005111915 Aug-2006 01-Feb-2006 OH 85.00 106,250.00 Group 1 1005148217 Dec-2006 01-Feb-2006 IL 81.56 130,500.00 Group 1 1005163789 Dec-2006 01-Jan-062006 0NE 80.00 80,000%.00 ~~Current~~Group ~~Actual~~1 ~~Balance~~1005172154 0Nov-2006 01-Feb-2006 CA 90.00 711,000.00 Group 1 1005176132 Dec-2006 01-Feb-062006 0CA 70.00 462,000%.00 Group 1 1005189431 Oct-2006 01-Feb-2006 CA 80.00 240,000.00 Group 1 1005201603 Oct-2006 01-Feb-2006 CA 80.00 559,200.00 Group 1 1005203521 Dec-2006 01-Feb-2006 PA 52.14 97,500.00 Group 1 1005226542 Sep-2006 01-Feb-2006 PA 80.00 72,800.00 Group 1 1005231493 Dec-2006 01-Feb-2006 SC 75.00 78,000.00 Group 1 1005232624 Oct-2006 01-Feb-2006 CA 90.00 357,300.00 Group 1 1005233044 Dec-2006 01-Feb-2006 WA 80.00 208,000.00 Group 1 1005266963 Nov-2006 01-Feb-2006 AZ 85.00 175,950.00 Group 1 1005267114 Oct-2006 01-Feb-2006 ID 80.00 96,800.00 Group 1 1005267258 Nov-2006 01-Feb-2006 CA 80.00 252,000.00 Group 1 1005272055 Dec-2006 01-Feb-2006 IN 80.00 93,200.00 Group 1 1005273205 Aug-2006 01-Feb-2006 CA 80.00 512,000.00 Group 1 1005292211 Sep-2006 01-Mar-062006 0NY 71.50 86,520.00 Group 1 1005304823 Oct-2006 01-Mar-2006 HI 90.00 293,251.00 Group 1 1005332384 Aug-2006 01-Feb-2006 OH 36.36 60,000%.00 ~~Apr~~Group 1 1005335531 Dec-062006 001-Feb-2006 FL 75.00 187,500.00 Group 1 1005337432 Aug-2006 01-Feb-2006 OH 85.00 76,500.00 Group 1 1005347029 Dec-2006 01-Feb-2006 AR 80.00 84,800.00 Group 1 1005352799 Sep-2006 01-Feb-2006 OK 85.00 78,200.00 Group 1 1005355117 Dec-2006 01-Mar-2006 CA 54.84 170,000%.00 ~~May~~Group 1 1005361020 Sep-062006 001-Mar-2006 MA 90.00 294,300.00 Group 1 1005374141 Dec-2006 01-Feb-2006 AL 85.00 117,300.00 Group 1 1005382542 Oct-2006 01-Feb-2006 PA 77.92 187,000%.00 ~~Jun~~Group 1 1005383097 Dec-062006 001-Mar-2006 WI 100.00 100,000%.00 *TheGroup ~~text~~1 ~~reported~~1005388984 inOct-2006 ~~the~~01-Mar-2006 ~~above~~OH ~~table~~90.00 is143,910.00 ~~presented~~Group ~~graphically~~1 on1005393399 ~~the~~Aug-2006 ~~monthly~~01-Mar-2006 ~~bond~~NJ ~~remittance~~90.00 ~~report~~193,500.00 ~~The~~Group ~~monthly~~1 ~~bond~~1005415874 ~~remittance~~Sep-2006 ~~report~~01-Feb-2006 ~~can~~OH be85.00 ~~viewed~~53,550.00 ~~online~~Group at1 ~~www~~1005417097 Dec-2006 01-Feb-2006 MA 80.~~ctslink~~00 124,000.~~com~~00 Group 1 1005427406 Dec-2006 01-Feb-2006 NV 90.00 157,410.00 Group 1 1005428192 Dec-2006 01-Feb-2006 TX 85.00 108,375.00 Group 1 1005434112 Oct-2006 01-Feb-2006 IN 80.00 61,600.00 Group 1 1005447171 Nov-2006 01-Feb-2006 RI 95.00 296,400.00 Group 1 1005449017 Dec-2006 01-Mar-2006 CA 80.00 448,000.00 Group 1 1005449124 Oct-2006 01-Feb-2006 CA 80.00 396,000.00 Group 1 1005456874 Dec-2006 01-Mar-2006 CA 90.00 292,500.00 Group 1 1005462297 Sep-2006 01-Feb-2006 SC 90.00 211,500.00 Group 1 1005464348 Dec-2006 01-Feb-2006 MO 80.00 64,000.00 Group 1 1005491176 Dec-2006 01-Mar-2006 GA 85.00 114,750.00 Group 1 1005493646 Dec-2006 01-Feb-2006 IL 80.00 122,400.00 Group 1 1005495573 Dec-2006 01-Feb-2006 NY 75.00 269,250.00 Group 1 1005497946 Sep-2006 01-Mar-2006 NY 90.00 279,000.00 Group 1 1005499935 Nov-2006 01-Feb-2006 CA 74.87 146,000.00 Group 1 1005514721 Oct-2006 01-Mar-2006 OH 90.00 67,500.00 Group 1 1005515230 Oct-2006 01-Feb-2006 NY 90.00 301,500.00 Group 1 1005515766 Nov-2006 01-Mar-2006 ID 68.11 126,000.00 Group 1 1005527888 Dec-2006 01-Mar-2006 MI 80.00 87,644.00 Group 1 1005541452 Dec-2006 01-Feb-2006 FL 70.00 150,500.00 Group 1 1005555366 Sep-2006 01-Mar-2006 CA 80.00 233,600.00 Group 1 1005590336 Nov-2006 01-Mar-2006 CA 80.00 463,200.00 Group 1 1005592824 Nov-2006 01-Feb-2006 CT 80.00 101,600.00 Group 1 1005637821 Dec-2006 01-Mar-2006 MI 70.00 89,600.00 Group 1 1005646296 Dec-2006 01-Feb-2006 CA 80.00 208,000.00 Group 1 1005654598 Aug-2006 01-Feb-2006 OH 65.00 84,500.00 Group 1 1005686439 Aug-2006 01-Mar-2006 DE 90.00 186,750.00 Group 1 1005687553 Aug-2006 01-Feb-2006 CA 80.00 231,200.00 Group 1 1005689221 Nov-2006 01-Mar-2006 MO 89.47 85,000.00 Group 1 1005697702 Nov-2006 01-Mar-2006 NV 80.00 508,000.00 Group 1 1005703599 Nov-2006 01-Mar-2006 CA 80.00 286,276.00 Group 1 1005729116 Aug-2006 01-Feb-2006 AK 80.00 230,400.00 Group 1 1005734226 Dec-2006 01-Feb-2006 GA 80.00 76,880.00 Group 1 1005782496 Aug-2006 01-Feb-2006 CA 85.00 294,525.00 Group 1 1005846515 Nov-2006 01-Mar-2006 MA 80.00 370,400.00 Group 1 1005877964 Nov-2006 01-Mar-2006 VA 78.25 539,920.00 Group 1 1005883172 Dec-2006 01-Mar-2006 MI 80.00 74,320.00 Group 1 1005885036 Oct-2006 01-Mar-2006 ID 75.00 127,500.00 Group 1 1005905292 Aug-2006 01-Mar-2006 NV 80.00 304,000.00 Group 1 1005954586 Dec-2006 01-Mar-2006 NY 80.00 480,000.00 Group 1 1005959108 Oct-2006 01-Mar-2006 RI 80.00 216,000.00 Group 1 1005959386 Dec-2006 01-Mar-2006 MI 77.52 100,000.00 Group 1 1005983368 Sep-2006 01-Mar-2006 CA 80.00 380,000.00 Group 1 1005990582 Sep-2006 01-Mar-2006 CA 89.89 320,000.00 Group 2 1003767230 Sep-2006 01-Nov-2005 FL 80.00 288,000.00 Group 2 1004060054 Oct-2006 01-Dec-2005 IL 60.00 118,560.00 Group 2 1004248647 Oct-2006 01-Dec-2005 OH 85.00 78,200.00 Group 2 1004452130 Nov-2006 01-Jan-2006 SC 80.00 71,920.00 Group 2 1004579511 Oct-2006 01-Jan-2006 OR 20.00 32,800.00 Group 2 1004592140 Dec-2006 01-Jan-2006 ID 20.00 24,400.00 Group 2 1004606279 Oct-2006 01-Jan-2006 FL 20.00 42,000.00 Group 2 1004676871 Oct-2006 01-Jan-2006 CA 20.00 58,000.00 Group 2 1004691382 Aug-2006 01-Jan-2006 CA 20.00 113,000.00 Group 2 1004711878 Aug-2006 01-Feb-2006 CA 20.00 72,000.00 Group 2 1005150221 Nov-2006 01-Feb-2006 NJ 80.00 416,000.00 Group 2 1005201578 Dec-2006 01-Feb-2006 TX 80.00 66,800.00 Group 2 1005216884 Nov-2006 01-Mar-2006 TX 80.00 60,000.00 Group 2 1005303414 Nov-2006 01-Feb-2006 OK 95.00 53,200.00 Group 2 1005425916 Dec-2006 01-Feb-2006 AL 85.00 66,300.00 Group 2 1005445379 Aug-2006 01-Mar-2006 FL 80.00 288,000.00 Group 2 1005465347 Dec-2006 01-Feb-2006 NE 80.00 100,800.00 Group 2 1005476291 Nov-2006 01-Feb-2006 NJ 90.00 111,600.00 Group 2 1005511332 Dec-2006 01-Feb-2006 FL 80.00 86,320.00 Group 2 1005525498 Dec-2006 01-Feb-2006 UT 14.70 102,750.00 Group 2 1005637117 Sep-2006 01-Feb-2006 TX 80.00 73,600.00 Group 2 1005741726 Nov-2006 01-Mar-2006 FL 59.23 77,000.00 Group 2 1005947103 Dec-2006 01-Mar-2006 DE 90.00 189,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure 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~~1 ~~Loans~~0002251791 ~~this~~151,349.41 ~~Period~~01-Feb-2006 8 8.050% 7,588.73 Group 1 1003383715 50,134.34 01-Jun-2006 4 8.825% 2,083.65 Group 1 1003774375 196,292.27 01-Mar-2006 7 9.400% 11,617.94 Group 1 1003814705 114,319.45 01-Jun-2006 4 8.600% 4,622.75 Group 1 1003930018 74,469.04 01-Mar-2006 7 9.750% 4,581.80 Group 1 1003980516 62,882.54 01-Apr-2006 6 11.250% 4,500.67 Group 1 1004166805 50,066.61 01-Mar-2006 7 9.000% 2,829.62 Group 1 1004200867 349,814.40 01-Apr-2006 6 8.350% 18,263.65 Group 1 1004294454 599,011.09 01-Apr-2006 6 6.750% 24,920.53 Group 1 1004296498 499,351.88 01-Feb-2006 8 10.150% 32,043.60 Group 1 1004347255 66,363.43 01-Jul-2006 3 8.700% 2,264.64 Group 1 1004371049 556,000.00 01-Feb-2006 8 7.675% 26,595.32 Group 1 1004399742 88,888.99 01-Jul-2006 3 8.850% 3,088.90 Group 1 1004453610 156,854.41 01-May-2006 5 9.490% 8,212.85 Group 1 1004525222 78,133.42 01-Mar-2006 7 10.200% 5,042.34 Group 1 1004612048 299,548.82 01-Mar-2006 7 7.450% 13,829.59 Group 1 1004672697 330,400.00 01-May-2006 5 7.850% 14,165.90 Group 1 1004711173 49,624.32 01-Jun-2006 4 9.800% 2,304.47 Group 1 1004730287 439,203.81 01-May-2006 5 7.225% 17,210.32 Group 1 1004785094 67,865.97 01-Jun-2006 4 10.050% 3,238.09 Group 1 1004802501 106,124.91 01-Jun-2006 4 9.350% 4,693.63 Group 1 1004807748 447,349.72 01-Jun-2006 4 8.000% 16,763.07 Group 1 1004877609 167,291.86 01-May-2006 5 6.400% 5,741.19 Group 1 1004892833 89,066.62 01-May-2006 5 9.350% 4,590.73 Group 1 1004902270 118,763.05 01-Jun-2006 4 9.500% 5,337.46 Group 1 1004911554 191,634.48 01-Jul-2006 3 8.250% 6,184.71 Group 1 1004914445 214,038.28 01-Apr-2006 6 7.700% 10,246.36 Group 1 1004966870 109,677.70 01-Mar-2006 7 8.925% 6,143.90 Group 1 1004968967 193,788.11 01-Apr-2006 6 8.200% 9,937.64 Group 1 1005005683 187,715.07 01-Jul-2006 3 7.850% 5,745.18 Group 1 1005023770 148,222.58 01-Apr-2006 6 8.400% 7,788.24 Group 1 1005033956 68,774.20 01-Mar-2006 7 9.450% 4,099.68 Group 1 1005048101 73,495.77 01-Mar-2006 7 7.750% 3,540.36 Group 1 1005055940 75,109.97 01-Jul-2006 3 8.750% 2,578.76 Group 1 1005088718 182,804.50 01-Jun-2006 4 9.050% 7,810.58 Group 1 1005093052 199,637.68 01-Apr-2006 6 8.550% 10,689.73 Group 1 1005100883 78,884.10 01-May-2006 5 7.525% 3,225.16 Group 1 1005111915 106,147.78 01-Mar-2006 7 9.625% 6,442.51 Group 1 1005148217 130,334.49 01-Jul-2006 3 9.100% 4,668.27 Group 1 1005163789 79,618.02 01-Jul-2006 3 8.150% 2,534.38 Group 1 1005172154 710,039.33 01-Jun-2006 4 8.250% 27,494.85 Group 1 1005176132 461,504.90 01-Apr-2006 6 7.250% 20,740.16 Group 1 1005189431 239,689.74 01-Apr-2006 6 7.300% 10,851.67 Group 1 1005201603 558,278.33 01-May-2006 5 6.750% 20,328.11 Group 1 1005203521 97,252.49 01-Jun-2006 4 9.425% 4,334.19 Group 1 1005226542 72,638.50 01-Apr-2006 6 7.550% 3,404.61 Group 1 1005231493 77,803.21 01-Jul-2006 3 10.350% 3,190.37 Group 1 1005232624 357,110.01 01-Apr-2006 6 9.650% 21,769.26 Group 1 1005233044 207,758.68 01-Jul-2006 3 9.400% 7,701.29 Group 1 1005266963 175,552.13 01-Jun-2006 4 9.975% 8,307.03 Group 1 1005267114 96,552.21 01-May-2006 5 8.300% 4,384.46 Group 1 1005267258 251,589.84 01-Jun-2006 4 7.600% 8,923.95 Group 1 1005272055 92,867.27 01-Jul-2006 3 8.675% 3,159.39 Group 1 1005273205 512,000.00 01-Jan-2006 9 7.750% 24,695.16 Group 1 1005292211 86,483.13 01-Mar-2006 7 10.175% 5,566.86 Group 1 1005304823 292,748.96 01-May-2006 5 8.825% 14,191.58 Group 1 1005332384 59,947.24 01-Mar-2006 7 10.050% 3,808.62 Group 1 1005335531 186,964.40 01-Jul-2006 3 9.750% 7,198.77 Group 1 1005337432 76,474.17 01-Mar-2006 7 9.800% 4,737.57 Group 1 1005347029 84,656.82 01-Jul-2006 3 8.550% 2,838.05 Group 1 1005352799 78,004.65 01-Apr-2006 6 6.950% 3,343.83 Group 1 1005355117 169,338.67 01-Jul-2006 3 7.325% 4,807.85 Group 1 1005361020 293,902.94 01-Apr-2006 6 7.990% 14,638.78 Group 1 1005374141 116,961.33 01-Jul-2006 3 9.700% 4,479.03 Group 1 1005382542 186,585.93 01-May-2006 5 8.990% 9,224.80 Group 1 1005383097 99,720.26 01-Aug-2006 2 9.850% 3,105.70 Group 1 1005388984 143,673.60 01-May-2006 5 9.025% 7,132.68 Group 1 1005393399 193,405.82 01-Mar-2006 7 9.550% 11,641.83 Group 1 1005415874 53,461.88 01-Apr-2006 6 9.025% 3,032.20 Group 1 1005417097 123,581.58 01-Jul-2006 3 8.950% 4,346.03 Group 1 1005427406 157,179.51 01-Apr-2006 6 9.575% 9,491.97 Group 1 1005428192 108,259.21 01-Jun-2006 4 9.050% 4,625.52 Group 1 1005434112 61,554.46 01-May-2006 5 9.575% 3,256.69 Group 1 1005447171 295,122.52 01-Aug-2006 2 8.525% 7,886.96 Group 1 1005449017 447,831.19 01-Jul-2006 3 8.240% 14,443.64 Group 1 1005449124 395,493.31 01-May-2006 5 7.650% 16,479.09 Group 1 1005456874 292,164.22 01-Jul-2006 3 8.925% 10,251.49 Group 1 1005462297 211,291.11 01-Mar-2006 7 9.500% 12,647.59 Group 1 1005464348 63,966.73 01-Apr-2006 6 9.725% 3,931.40 Group 1 1005491176 114,428.56 01-Jul-2006 3 8.950% 4,024.16 Group 1 1005493646 122,220.14 01-Jul-2006 3 9.750% 4,708.81 Group 1 1005495573 268,334.56 01-Jun-2006 4 8.000% 10,044.89 Group 1 1005497946 278,852.30 01-Mar-2006 7 9.150% 16,040.09 Group 1 1005499935 145,867.60 01-Jun-2006 4 9.600% 6,633.86 Group 1 1005514721 67,400.49 01-Apr-2006 6 9.975% 4,250.30 Group 1 1005515230 301,092.20 01-Apr-2006 6 9.950% 18,936.32 Group 1 1005515766 125,859.93 01-Jun-2006 4 12.200% 7,357.46 Group 1 1005527888 87,419.20 01-Jul-2006 3 9.375% 3,229.26 Group 1 1005541452 149,852.23 01-Jul-2006 3 7.750% 4,520.07 Group 1 1005555366 233,228.96 01-Apr-2006 6 7.175% 10,348.15 Group 1 1005590336 463,200.00 01-Jun-2006 4 8.700% 18,991.20 Group 1 1005592824 101,466.79 01-Jun-2006 4 9.650% 4,639.91 Group 1 1005637821 89,363.02 01-Jul-2006 3 9.338% 3,287.29 Group 1 1005646296 204,944.13 01-Jul-2006 3 8.600% 6,916.88 Group 1 1005654598 84,442.35 01-Mar-2006 7 11.225% 6,027.75 Group 1 1005686439 186,665.60 01-Mar-2006 7 9.900% 11,672.57 Group 1 1005687553 231,020.53 01-Feb-2006 8 7.275% 10,387.81 Group 1 1005689221 84,751.26 01-Jun-2006 4 8.150% 3,236.24 Group 1 1005697702 508,000.00 01-Jun-2006 4 7.975% 18,986.49 Group 1 1005703599 286,275.99 01-Jun-2006 4 6.750% 8,946.12 Group 1 1005729116 230,278.02 01-Feb-2006 8 9.150% 13,238.67 Group 1 1005734226 76,502.30 01-Aug-2006 2 7.875% 1,878.63 Group 1 1005782496 294,489.12 01-Feb-2006 8 10.850% 20,305.34 Group 1 1005846515 369,218.12 01-Jun-2006 4 7.925% 13,683.38 Group 1 1005877964 539,745.64 01-May-2006 5 7.750% 22,827.81 Group 1 1005883172 74,060.85 01-Jul-2006 3 7.875% 2,272.57 Group 1 1005885036 127,401.45 01-Apr-2006 6 10.650% 8,608.37 Group 1 1005905292 303,999.99 01-Mar-2006 7 7.525% 14,237.32 Group 1 1005954586 478,800.15 01-Jun-2006 4 8.400% 18,882.17 Group 1 1005959108 215,920.21 01-Apr-2006 6 9.500% 12,946.30 Group 1 1005959386 99,809.32 01-May-2006 5 8.300% 4,532.44 Group 1 1005983368 379,640.95 01-Apr-2006 6 8.975% 21,432.17 Group 1 1005990582 319,828.91 01-Apr-2006 6 8.250% 16,508.10 Group 2 1003767230 281,705.77 01-Mar-2006 7 7.250% 12,621.32 Group 2 1004060054 118,214.12 01-May-2006 5 9.650% 6,300.06 Group 2 1004248647 77,957.25 01-Apr-2006 6 8.450% 4,122.08 Group 2 1004452130 71,736.50 01-Apr-2006 6 8.300% 3,721.38 Group 2 1004579511 32,746.55 01-May-2006 5 11.500% 2,099.07 Group 2 1004592140 24,317.20 01-Aug-2006 2 10.340% 797.07 Group 2 1004606279 41,924.53 01-May-2006 5 11.050% 2,577.20 Group 2 1004676871 57,888.46 01-Jun-2006 4 11.700% 3,239.12 Group 2 1004691382 112,935.72 01-Feb-2006 8 12.050% 8,681.51 Group 2 1004711878 71,978.22 01-Feb-2006 8 11.750% 5,388.82 Group 2 1005150221 415,059.98 01-Jun-2006 4 9.990% 19,671.53 Group 2 1005201578 66,601.00 01-Jul-2006 3 9.550% 2,508.82 Group 2 1005216884 59,882.12 01-Jun-2006 4 9.565% 2,710.71 Group 2 1005303414 53,087.22 01-May-2006 5 9.200% 2,689.72 Group 2 1005425916 65,667.86 01-Jul-2006 3 10.600% 2,760.85 Group 2 1005445379 287,835.15 01-Mar-2006 7 8.775% 15,835.81 Group 2 1005465347 100,344.06 01-Jul-2006 3 7.500% 2,922.15 Group 2 1005476291 111,514.90 01-Jun-2006 4 10.175% 5,392.40 Group 2 1005511332 86,058.74 01-Jul-2006 3 9.475% 3,214.88 Group 2 1005525498 102,558.91 01-Jul-2006 3 11.750% 4,804.32 Group 2 1005637117 73,534.59 01-Apr-2006 6 7.975% 3,660.49 Group 2 1005741726 76,849.08 01-Jun-2006 4 9.575% 3,482.61 Group 2 1005947103 188,322.72 01-Jul-2006 3 7.850% 5,759.14

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~Foreclosure~~Summary ~~Loan~~12 ~~Detail~~Month -Bankruptcy ~~All~~History* ~~Mortgage~~New Bankruptcy Loans Month Bankruptcy Percentage Loans in ~~Foreclosure~~Bankruptcy ~~during~~7 ~~Current~~Jan-06 ~~Period~~0.000% ~~(continued)~~Original Principal Balance 819,870.00 Feb-06 0.000% Current ~~Paid~~Actual Balance 816,667.27 Mar-06 0.000% Apr-06 0.000% Current ~~Approximate~~Bankruptcy ~~Loan~~Total ~~Actual~~May-06 To0.000% ~~Months~~Loans ~~Loan~~in ~~Delinquent~~Bankruptcy ~~Group~~23 ~~Number~~Jun-06 0.022% Original Principal Balance ~~Date~~3,207,956.00 ~~Delinquent~~Jul-06 ~~Rate~~0.047% ~~Interest~~Current NoActual ~~Foreclosure~~Balance ~~Loans~~3,198,658.63 ~~this~~Aug-06 ~~Period~~0.040% Sep-06 0.056% Oct-06 0.301% Nov-06 0.502% Dec-06 0.643% *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~~Bankruptcy 12Detail ~~Month~~- ~~Bankruptcy~~All History*Mortgage ~~New~~Loans in Bankruptcy ~~Loans~~during ~~Month~~Current ~~Bankruptcy~~Period ~~Percentage~~Group ~~Loans~~Loan inMonth ~~Bankruptcy~~Loan 0First ~~Jul-05~~State ~~0.000%~~LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance 0Group 1 0011311111 Sep-2006 01-Nov-2005 PA 95.00 ~~Aug~~47,500.00 Group 1 1004641515 Sep-052006 001-Feb-2006 AL 90.~~000%~~00 ~~Current~~77,400.00 ~~Actual~~Group ~~Balance~~1 01004835600 Oct-2006 01-Jan-2006 PA 79.37 504,000.00 ~~Sep~~Group 1 1005020773 Nov-052006 001-Mar-2006 PA 74.32 55,000%.00 Group 1 1005048664 Oct-052006 001-Feb-2006 PA 80.00 68,800.00 Group 1 1005189495 Dec-2006 01-Feb-2006 TN 80.00 112,000%.00 ~~Current~~Group ~~Bankruptcy~~1 ~~Total~~1005193792 Nov-052006 001-Feb-2006 FL 59.26 96,000%.00 ~~Loans~~Group in1 ~~Bankruptcy~~1005228425 0Nov-2006 ~~Dec~~01-05Feb-2006 0VA 80.00 65,600.00 Group 1 1005251871 Nov-2006 01-Mar-2006 MI 68.35 108,000%.00 ~~Original~~Group ~~Principal~~1 ~~Balance~~1005383239 0Dec-2006 01-Feb-2006 GA 80.00 ~~Jan~~69,520.00 Group 1 1005460725 Dec-062006 001-Feb-2006 GA 80.~~000%~~00 ~~Current~~78,800.00 ~~Actual~~Group ~~Balance~~1 01005490587 Dec-2006 01-Feb-2006 IN 85.00 97,750.00 Group 1 1005520117 Nov-2006 01-Feb-062006 0MA 90.00 261,000%.00 Group 1 1005697524 Nov-2006 01-Feb-2006 PA 80.00 167,600.00 Group 1 1005904300 Dec-2006 01-Mar-062006 0NH 80.00 232,000%.00 ~~Apr~~Group 1 1005974387 Oct-062006 001-Mar-2006 MD 80.~~000%~~00 ~~May~~558,400.00 Group 1 1006058366 Dec-062006 001-Mar-2006 GA 80.~~000%~~00 ~~Jun~~114,800.00 Group 1 1006058696 Oct-062006 001-Mar-2006 OH 80.~~000%~~00 *The112,720.00 ~~text~~Group ~~reported~~2 in1003799036 ~~the~~Oct-2006 ~~above~~01-Dec-2005 ~~table~~TX is52.14 ~~presented~~50,000.00 ~~graphically~~Group on2 ~~the~~1004600925 ~~monthly~~Nov-2006 ~~bond~~01-Dec-2005 ~~remittance~~NC ~~report~~20.00 ~~The~~41,066.00 ~~monthly~~Group ~~bond~~2 ~~remittance~~1004717854 ~~report~~Dec-2006 ~~can~~01-Feb-2006 beCA ~~viewed~~20.00 ~~online~~115,000.00 atGroup ~~www~~2 1005003845 Sep-2006 01-Feb-2006 CA 20.~~ctslink~~00 90,000.~~com~~00 Group 2 1005319719 Jun-2006 01-Feb-2006 PA 85.00 85,000.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan ~~Month~~Current ~~Loan~~Paid ~~First~~To ~~State~~Months ~~LTV~~Current atApproximate ~~Original~~ Number ~~Entered~~Actual ~~Payment~~Date ~~Origination~~Delinquent ~~Principal~~Loan ~~Bankruptcy~~Rate ~~Date~~Delinquent Balance NoInterest ~~Bankruptcy~~Group ~~Loans~~1 ~~this~~0011311111 ~~Period~~47,326.61 01-Mar-2006 7 7.700% 2,263.80 Group 1 1004641515 77,361.75 01-Feb-2006 8 9.500% 4,628.46 Group 1 1004835600 503,211.97 01-Jul-2006 3 8.925% 17,656.63 Group 1 1005020773 54,679.36 01-Dec-2006 (1) 8.850% 380.70 Group 1 1005048664 68,180.59 01-Nov-2006 0 6.650% 699.17 Group 1 1005189495 111,120.81 01-Oct-2006 0 6.800% 1,166.24 Group 1 1005193792 95,787.43 01-May-2006 5 8.990% 4,735.74 Group 1 1005228425 65,384.65 01-Jun-2006 4 8.375% 2,570.33 Group 1 1005251871 107,881.32 01-Apr-2006 6 8.990% 6,093.59 Group 1 1005383239 69,298.90 01-May-2006 5 7.200% 2,701.78 Group 1 1005460725 78,513.36 01-Jul-2006 3 9.125% 2,818.37 Group 1 1005490587 97,126.06 01-Nov-2006 0 8.400% 1,279.24 Group 1 1005520117 260,707.78 01-Mar-2006 7 8.900% 14,560.73 Group 1 1005697524 167,243.12 01-Dec-2006 (1) 9.463% 1,249.42 Group 1 1005904300 231,423.17 01-Nov-2006 0 8.900% 3,239.92 Group 1 1005974387 558,003.15 01-May-2006 5 8.675% 26,590.33 Group 1 1006058366 114,528.74 01-Jun-2006 4 8.675% 4,674.26 Group 1 1006058696 112,650.04 01-Mar-2006 7 8.400% 5,915.52 Group 2 1003799036 48,189.31 01-Nov-2006 0 7.925% 597.31 Group 2 1004600925 40,970.35 01-May-2006 5 11.800% 2,697.97 Group 2 1004717854 114,656.23 01-Oct-2006 0 11.500% 2,101.67 Group 2 1005003845 89,912.68 01-Apr-2006 6 11.500% 6,585.59 Group 2 1005319719 84,501.25 01-Dec-2006 (1) 9.300% 620.02

~~Bankruptcy~~Realized Loss Detail Report - ~~All Mortgage~~ Loans inwith ~~Bankruptcy~~Losses during Current Period ~~(continued)~~Summary ~~Group~~# ~~Loan~~Loans ~~Current~~Prior ~~Paid~~Realized ~~To Months~~ Current ~~Approximate~~with ~~Number~~ Actual ~~Date~~Loss/(Gain) ~~Delinquent~~Loss ~~Loan~~Group ~~Rate~~Losses ~~Delinquent~~ Balance ~~Interest~~Amount NoPercentage ~~Bankruptcy~~Total ~~Loans~~1 ~~this~~113,651.32 ~~Period~~123,545.66 0.025%

Realized Loss Loan Detail Report - Loans ~~with~~With Losses during Current Period ~~Summary~~Original #Current ~~Loans~~Loan ~~Prior~~Principal ~~Realized~~Note ~~Current~~LTV ~~with~~at ~~Actual~~Original ~~Loss/(Gain) Loss~~ Group ~~Losses~~Number Balance ~~Amount~~Rate ~~Percentage~~State ~~Total~~Origination 0Term ~~0.00~~Group 02 1004975502 113,800.00 012.~~000~~5000% NV 20.00 360

Realized Loss Loan Detail Report - Loans With Losses during Current Period ~~Original~~(continued) ~~Current~~Prior Cumulative Loan ~~Principal~~Actual ~~Note~~Realized ~~LTV~~Realized ~~at Original~~ Group Number Balance ~~Rate~~Loss/(Gain) ~~State~~Loss/(Gain) ~~Origination~~Group ~~Term~~2 No1004975502 ~~Losses~~113,651.32 ~~this~~123,545.66 ~~Period~~123,545.66

Realized Loss ~~Loan~~Report ~~Detail~~- ~~Report~~Collateral Summary MDR SDA Current Month 0.022% Current Month 1.330% 3 Month Average 0.019% 3 Month Average 1.226% 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. Jan-2006 ~~Loans~~N/A ~~With~~N/A ~~Losses~~Jan-2006 ~~during~~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 0.000% N/A Oct-2006 0.000% N/A Nov-2006 0.035% N/A Nov-2006 2.348% N/A Dec-2006 0.022% N/A Dec-2006 1.330% 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 ~~Period~~Month 0.267% Current Month 108.887% 3 Month Average 0.230% 3 Month Average 71.854% 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. 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 0.000% N/A Oct-2006 0.000% N/A Nov-2006 0.424% N/A Nov-2006 106.674% N/A Dec-2006 0.267% N/A Dec-2006 108.887% 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 (~~continued~~MDR): ~~Prior~~sum(Beg ~~Cumulative~~Scheduled ~~Loan~~Balance ~~Actual~~of ~~Realized~~Liquidated ~~Realized~~Loans)/ ~~Group~~sum(Beg ~~Number~~Scheduled Balance). ~~Loss~~Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (~~Gain~~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(~~Gain~~Beg Scheduled Balance of Liquidated Loans). NoIncludes ~~Losses~~losses ~~this~~on ~~Period~~loans liquidating in the current period only.

~~Realized~~Prepayment ~~Loss~~Detail ~~Report~~ - ~~Collateral~~Prepayments ~~Summary~~during ~~MDR SDA~~ Current ~~Month~~Period ~~0.000%~~Summary ~~Current~~Loans ~~Month~~Paid ~~0.000%~~In 3Full ~~Month~~Repurchased ~~Average~~Loans ~~0.000%~~Original ~~3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR:~~ Current ~~vs.~~Original ~~12mo Average* SDA:~~ Current ~~vs.~~Principal ~~12mo~~Scheduled Average*Principal ~~Month~~Scheduled ~~Current~~Group ~~12mo~~Count ~~Avg.~~Balance ~~Month~~Balance ~~Current~~Count 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~~Total ~~Default~~73 ~~Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR /(WAS * 0~~13,119,222.~~02)~~00 ~~else if WAS is greater than 30 and less than or equal to 60 then CDR / 0~~13,059,725.682 ~~else if WAS is greater than 60 and less than or equal to 120 then CDR / (~~0.6 - ((WAS - 60) * 0.~~0095))~~00 ~~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)~~00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans ~~Paid~~Liquidated ~~In Full Repurchased~~ Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance Balance Count Balance Balance Amount Total 850 ~~20,733,938~~0.00 ~~20,700,482~~0.8100 01 0113,800.00 0113,462.0044 14,470.13

Prepayment Loan Detail - Prepayments during Current Period ~~(continued)~~First ~~Summary~~Original ~~Substitution~~Loan ~~Loans~~LTV ~~Liquidated~~at ~~Loans~~Payment ~~Curtailments~~Principal ~~Original~~Prepayment ~~Current~~Group ~~Original~~Number ~~Current~~State ~~Principal~~Origination ~~Scheduled~~Date ~~Principal~~Balance ~~Scheduled~~Amount ~~Curtailment~~Group 1 1003560872 NJ 85.00 01-Jan-2006 212,500.00 210,957.06 Group ~~Count~~1 ~~Balance~~1003742935 ~~Balance~~NJ ~~Count~~73.85 ~~Balance~~01-Nov-2005 ~~Balance~~240,000.00 ~~Amount~~237,551.47 ~~Total~~Group 01 01003837637 MD 80.00 001-Jan-2006 109,600.00 0108,518.99 0Group 1 1003912323 MA 79.25 01-Feb-2006 210,000.00 0209,279.93 Group 1 1003960654 CA 80.00 01-Nov-2005 228,000.00 226,776.41 Group 1 1004437032 MA 88.98 01-Jan-2006 210,000.00 208,169.67 Group 1 1004557143 FL 54.99 01-Feb-2006 150,669.00 150,113.24 Group 1 1004633427 MO 76.74 01-Jan-2006 55,250.00 54,990.44 Group 1 1004713572 MD 70.00 01-Mar-2006 381,500.00 378,755.05 Group 1 1004772721 CA 65.00 01-Feb-2006 230,750.00 229,987.40 Group 1 1004794832 MI 90.00 01-Jan-2006 136,710.00 136,375.12 Group 1 1004837528 DC 38.15 01-Jan-2006 161,000.00 160,469.20 Group 1 1004850986 CA 73.23 01-Feb-2006 465,000.00 462,835.60 Group 1 1005049128 NY 50.00 01-Feb-2006 225,000.00 224,576.32 Group 1 1005068277 VA 80.00 01-Feb-2006 259,908.00 259,205.70 Group 1 1005069310 CA 80.00 01-Jan-2006 460,976.00 459,794.02 Group 1 1005081555 MI 85.00 01-Jan-2006 76,500.00 76,065.75 Group 1 1005106958 GA 90.00 01-Feb-2006 328,500.00 328,025.48 Group 1 1005110471 IL 62.50 01-Feb-2006 50,000.00 49,566.23 Group 1 1005219042 VA 80.00 01-Feb-2006 511,920.00 510,250.78 Group 1 1005348661 FL 80.00 01-Feb-2006 141,600.00 140,826.11 Group 1 1005350808 MD 80.00 01-Feb-2006 248,000.00 246,422.00 Group 1 1005369718 CA 78.31 01-Feb-2006 325,000.00 324,021.34 Group 1 1005385978 FL 65.00 01-Feb-2006 175,500.00 175,025.06 Group 1 1005391854 AZ 75.00 01-Feb-2006 150,000.00 149,270.12 Group 1 1005419200 OR 80.00 01-Feb-2006 78,720.00 78,459.34 Group 1 1005434808 AZ 75.00 01-Feb-2006 222,750.00 221,683.14 Group 1 1005461788 IL 95.00 01-Feb-2006 232,750.00 231,519.70 Group 1 1005469824 CA 60.00 01-Feb-2006 138,000.00 138,000.00 Group 1 1005476692 FL 62.38 01-Feb-2006 131,000.00 130,179.93 Group 1 1005476718 FL 75.00 01-Feb-2006 129,750.00 129,073.70 Group 1 1005488073 AZ 79.15 01-Feb-2006 224,000.00 223,517.66 Group 1 1005489474 CA 80.00 01-Feb-2006 256,000.00 254,856.48 Group 1 1005517639 CA 85.00 01-Feb-2006 278,800.00 277,647.59 Group 1 1005518736 AZ 80.00 01-Feb-2006 212,340.00 211,632.16 Group 1 1005531436 MO 72.58 01-Feb-2006 90,000.00 89,345.91 Group 1 1005555570 CA 76.62 01-Mar-2006 590,000.00 589,999.97 Group 1 1005562839 AZ 95.00 01-Mar-2006 239,875.00 239,874.98 Group 1 1005577770 FL 53.30 01-Mar-2006 100,000.00 99,430.46 Group 1 1005580105 IN 77.15 01-Mar-2006 50,150.00 49,824.75 Group 1 1005630016 FL 70.00 01-Feb-2006 171,500.00 170,303.88 Group 1 1005647179 GA 80.00 01-Feb-2006 60,000.00 59,393.78 Group 1 1005737991 CA 72.00 01-Feb-2006 180,000.00 178,736.61 Group 1 1005743617 FL 90.00 01-Mar-2006 112,500.00 112,027.11 Group 1 1005746909 CA 70.00 01-Mar-2006 416,500.00 415,644.86 Group 1 1005759878 MI 80.00 01-Mar-2006 100,000.00 99,385.86 Group 1 1005836606 MA 85.00 01-Mar-2006 187,000.00 185,996.15 Group 1 1005887980 SC 90.00 01-Feb-2006 115,200.00 114,964.45 Group 1 1005920499 CA 60.00 01-Mar-2006 195,000.00 195,000.00 Group 1 1005974680 FL 90.00 01-Mar-2006 168,570.00 168,231.43 Group 1 1005981547 CA 60.00 01-Mar-2006 204,000.00 203,352.59 Group 1 1006017641 AZ 57.08 01-Mar-2006 137,000.00 136,102.49 Group 1 1006096208 CA 63.86 01-Mar-2006 311,000.00 310,041.83 Group 2 0002196821 MD 95.00 01-Oct-2005 270,750.00 267,459.94 Group 2 0002239444 WA 70.00 01-Jan-2006 136,500.00 135,881.72 Group 2 1003173434 FL 67.83 01-Nov-2005 78,000.00 77,213.44 Group 2 1003180391 HI 80.00 01-Dec-2005 168,000.00 166,230.48 Group 2 1003550204 MT 20.00 01-Nov-2005 39,000.00 38,826.14 Group 2 1003588950 CA 67.96 01-Nov-2005 350,000.00 345,387.79 Group 2 1003756117 HI 20.00 01-Feb-2006 64,~~548~~000.0700 63,673.72 Group 2 1004087115 NY 20.00 01-Jan-2006 51,930.00 51,721.24 Group 2 1004105275 NM 20.00 01-Dec-2005 30,904.00 30,713.23 Group 2 1004477462 CA 20.00 01-Dec-2005 93,000.00 92,611.49 Group 2 1004663073 CA 20.00 01-Jan-2006 160,000.00 159,452.88 Group 2 1004681678 AR 20.00 01-Jan-2006 126,000.00 125,038.43 Group 2 1004695413 CA 20.00 01-Jan-2006 80,200.00 79,171.98 Group 2 1004726862 UT 20.00 01-Jan-2006 29,600.00 29,449.47 Group 2 1004912651 WA 19.76 01-Jan-2006 49,000.00 48,821.73 Group 2 1004975502 NV 20.00 01-Jan-2006 113,800.00 113,462.44 Group 2 1005415124 FL 18.87 01-Feb-2006 50,000.00 49,658.88 Group 2 1005513857 FL 75.00 01-Mar-2006 87,750.00 87,008.65 Group 2 1005608194 IL 20.00 01-Feb-2006 39,800.00 39,622.08 Group 2 1005655427 PA 78.43 01-Mar-2006 80,000.00 78,824.11 Group 2 1005782628 IN 78.00 01-Mar-2006 58,500.00 58,261.05

Prepayment Loan Detail - Prepayments during Current Period ~~First~~(continued) ~~Original~~Current Loan ~~LTV~~PIF atMonths ~~Payment~~Loan ~~Principal~~Original ~~Prepayment~~ Group Number ~~State~~Type ~~Origination~~Delinquent ~~Date~~Rate ~~Balance~~Term ~~Amount~~Seasoning Group 1 ~~1002785052~~1003560872 FLLoan ~~90.00~~Paid ~~01-Oct-2005~~in ~~281,250.00~~Full ~~280,032.85~~0 ~~Group 1 1003192734 HI 80~~8.00700% ~~01-Mar-2006~~360 ~~318,110.00~~11 ~~317,497.25~~ Group 1 ~~1003273451~~1003742935 CALoan ~~80.00~~Paid ~~01-Jan-2006~~in ~~431,200.00~~Full ~~430,367.10~~0 ~~Group 1 1003314023 FL 80~~7.00450% ~~01-Mar-2006~~360 ~~136,000.00~~13 ~~135,694.77~~ Group 1 ~~1003486711~~1003837637 FLLoan ~~95.00~~Paid ~~01-Mar-2006~~in ~~119,700.00~~Full ~~119,559.08~~0 ~~Group 1 1003683623 NJ 80~~7.00550% ~~01-Dec-2005~~360 ~~284,000.00~~11 ~~282,192.23~~ Group 1 ~~1003838039~~1003912323 AZLoan ~~80.00~~Paid ~~01-Nov-2005~~in ~~212,000.00~~Full ~~211,037~~0 8.45050% 360 10 Group 1 ~~1003992772~~1003960654 NYLoan ~~86.21~~Paid ~~01-Dec-2005~~in ~~400,000.00~~Full ~~398,586~~0 7.56350% 360 13 Group 1 ~~1004255601~~1004437032 MILoan ~~80.00~~Paid ~~01-Jan-2006~~in ~~153,600.00~~Full ~~153,014~~0 8.06125% 360 11 Group 1 ~~1004486531~~1004557143 KSLoan ~~85.00~~Paid ~~01-Dec-2005~~in ~~149,600.00~~Full ~~149,046~~3 11.48500% 360 10 Group 1 ~~1004515947~~1004633427 CALoan ~~71.83~~Paid ~~01-Feb-2006~~in ~~255,000.00~~Full ~~254,276~~0 10.72800% 360 11 Group 1 ~~1004562565~~1004713572 NJLoan ~~80.00~~Paid ~~01-Feb-2006~~in ~~318,400.00~~Full ~~316,704~~0 7.04800% 360 9 Group 1 ~~1004575427~~1004772721 ILLoan ~~73.02~~Paid ~~01-Feb-2006~~in ~~460,000.00~~Full ~~458,861~~0 7.84950% 360 10 Group 1 ~~1004626211~~1004794832 CALoan ~~51.85~~Paid ~~01-Jan-2006~~in ~~70,000.00~~Full ~~69,772~~0 9.14990% 360 11 Group 1 ~~1004682837~~1004837528 CALoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~354,460.00~~Full ~~354,459~~0 8.99275% 360 11 Group 1 ~~1004694726~~1004850986 AZLoan ~~80.00~~Paid ~~01-Jan-2006~~in ~~194,080.00~~Full ~~193,498~~0 6.79725% 360 10 Group 1 ~~1004746555~~1005049128 MALoan ~~75.16~~Paid ~~01-Feb-2006~~in ~~230,000.00~~Full ~~229,363~~0 9.64875% 360 10 Group 1 ~~1004762803~~1005068277 CALoan ~~65.00~~Paid ~~01-Feb-2006~~in ~~133,250.00~~Full ~~132,935~~0 8.15650% 360 10 Group 1 ~~1004800282~~1005069310 ORLoan ~~85.00~~Paid ~~01-Feb-2006~~in ~~137,700.00~~Full ~~137,398~~0 8.89990% 360 11 Group 1 ~~1004891004~~1005081555 NVLoan ~~94.74~~Paid ~~01-Jan-2006~~in ~~252,000.00~~Full ~~251,999~~6 9.35900% 360 11 Group 1 ~~1004915970~~1005106958 NVLoan ~~83.50~~Paid ~~01-Feb-2006~~in ~~496,000.00~~Full ~~495,289~~0 10.14425% 360 10 Group 1 ~~1004938679~~1005110471 CALoan ~~95.00~~Paid ~~01-Jan-2006~~in ~~278,350.00~~Full ~~277,537~~0 7.47350% 360 10 Group 1 ~~1004991815~~1005219042 ILLoan ~~85.00~~Paid ~~01-Feb-2006~~in ~~140,250.00~~Full ~~140,165~~0 7.63650% 360 10 Group 1 ~~1005011159~~1005348661 ORLoan ~~76.58~~Paid ~~01-Mar-2006~~in ~~170,000.00~~Full ~~169,575~~0 9.34250% 360 10 Group 1 ~~1005019801~~1005350808 OHLoan ~~65.00~~Paid ~~01-Feb-2006~~in ~~57,525.00~~Full ~~57,491~~0 9.86475% 360 10 Group 1 ~~1005060462~~1005369718 CALoan ~~75.85~~Paid ~~01-Feb-2006~~in ~~512,000.00~~Full ~~510,895.52 Group~~ 1 ~~1005087979 MN 90~~8.00275% ~~01-Feb-2006~~360 ~~191,700.00~~10 ~~191,526.81~~ Group 1 ~~1005098770~~1005385978 CALoan ~~85.00~~Paid ~~01-Feb-2006~~in ~~327,250.00~~Full ~~326,808~~0 8.07850% 360 10 Group 1 ~~1005184141~~1005391854 MDLoan ~~73.33~~Paid ~~01-Feb-2006~~in ~~220,000.00~~Full ~~219,711~~0 10.55200% 360 10 Group 1 ~~1005188174~~1005419200 CALoan ~~80.00~~Paid ~~01-Feb-2006~~in ~~330,400.00~~Full ~~330,097~~0 7.09600% 360 10 Group 1 ~~1005200150~~1005434808 TXLoan ~~95.00~~Paid ~~01-Jan-2006~~in ~~245,100.00~~Full ~~244,739~~0 9.96800% 360 10 Group 1 ~~1005202700~~1005461788 ILLoan ~~95.00~~Paid ~~01-Feb-2006~~in ~~264,100.00~~Full ~~263,766~~0 9.85325% 360 10 Group 1 ~~1005230190~~1005469824 KYLoan ~~76.14~~Paid ~~01-Feb-2006~~in ~~67,000.00~~Full ~~66,844~~0 6.11400% 360 10 Group 1 ~~1005234329~~1005476692 CALoan ~~72.27~~Paid ~~01-Feb-2006~~in ~~397,500.00~~Full ~~396,862~~2 8.18500% 360 10 Group 1 ~~1005264796~~1005476718 AZLoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~130,400.00~~Full ~~130,309~~0 9.91900% 360 10 Group 1 ~~1005285540~~1005488073 AZLoan ~~95.00~~Paid ~~01-Feb-2006~~in ~~217,075.00~~Full ~~216,736~~0 9.45200% 360 10 Group 1 ~~1005293755~~1005489474 CALoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~616,000.00~~Full ~~615,584~~0 6.21875% 360 10 Group 1 ~~1005323973~~1005517639 NVLoan ~~90.00~~Paid ~~01-Feb-2006~~in ~~187,200.00~~Full ~~187,027~~0 6.63800% 360 10 Group 1 ~~1005345557~~1005518736 ILLoan ~~85.00~~Paid ~~01-Feb-2006~~in ~~120,700.00~~Full ~~120,438~~0 7.74925% 360 10 Group 1 ~~1005358613~~1005531436 MDLoan ~~59.44~~Paid ~~01-Mar-2006~~in ~~222,900.00~~Full ~~222,354~~0 7.11750% 360 10 Group 1 ~~1005373516~~1005555570 AZLoan ~~71.64~~Paid ~~01-Feb-2006~~in ~~240,000.00~~Full ~~239,730~~0 7.13850% 360 9 Group 1 ~~1005382418~~1005562839 ILLoan ~~80.00~~Paid ~~01-Feb-2006~~in ~~145,600.00~~Full ~~145,232.31 Group~~ (1) ~~1005393709 MD 66~~8.20150% ~~01-Mar-2006~~360 ~~80,764.00~~9 ~~80,648.80~~ Group 1 ~~1005431277~~1005577770 NJLoan ~~75.00~~Paid ~~01-Feb-2006~~in ~~217,500.00~~Full ~~216,782~~0 8.83425% 360 9 Group 1 ~~1005434648~~1005580105 INLoan ~~80.00~~Paid ~~01-Feb-2006~~in ~~112,000.00~~Full ~~111,913~~0 10.92450% 360 9 Group 1 ~~1005449883~~1005630016 GALoan ~~90.00~~Paid ~~01-Feb-2006~~in ~~182,250.00~~Full ~~181,808~~0 8.19450% 360 10 Group 1 ~~1005451502~~1005647179 ILLoan ~~95.00~~Paid ~~01-Mar-2006~~in ~~223,250.00~~Full ~~222,874~~0 7.71825% 360 10 Group 1 ~~1005456044~~1005737991 MELoan ~~85.00~~Paid ~~01-Feb-2006~~in ~~199,750.00~~Full ~~199,325~~0 7.64925% 360 10 Group 1 ~~1005462206~~1005743617 FLLoan ~~89.77~~Paid ~~01-Mar-2006~~in ~~193,000.00~~Full ~~193,000~~0 9.00900% 360 9 Group 1 ~~1005493771~~1005746909 AZLoan ~~68.97~~Paid ~~01-Feb-2006~~in ~~100,000.00~~Full ~~99,764.90 Group~~ (1) ~~1005494556 NJ 95~~9.00250% ~~01-Feb-2006~~360 ~~449,825.00~~9 ~~448,810.27~~ Group 1 ~~1005495680~~1005759878 CALoan ~~95.00~~Paid ~~01-Feb-2006~~in ~~330,600.00~~Full ~~330,426~~(3) 8.32050% 360 9 Group 1 ~~1005519646~~1005836606 CALoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~376,000.00~~Full ~~375,693~~0 9.81250% 360 9 Group 1 ~~1005522071~~1005887980 CALoan ~~90.00~~Paid ~~01-Feb-2006~~in ~~499,500.00~~Full ~~498,833~~0 9.00600% 360 10 Group 1 ~~1005534825~~1005920499 CALoan ~~66.61~~Paid ~~01-Feb-2006~~in ~~206,500.00~~Full ~~206,499~~0 8.99250% 360 9 Group 1 ~~1005575745~~1005974680 MDLoan ~~67.57~~Paid ~~01-Feb-2006~~in ~~150,000.00~~Full ~~149,883~~0 9.17325% 360 9 Group 1 ~~1005620571~~1005981547 NJLoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~236,000.00~~Full ~~235,602~~0 7.10750% 360 9 Group 1 ~~1005631051~~1006017641 FLLoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~228,000.00~~Full ~~227,745~~0 7.71725% 360 9 Group 1 ~~1005690889~~1006096208 CALoan ~~75.00~~Paid ~~01-Mar-2006~~in ~~308,250.00~~Full ~~307,636~~0 7.24850% ~~Group~~360 19 ~~1005697007~~Group CA2 ~~75.00~~0002196821 ~~01-Mar-2006~~Loan ~~435,000.00~~Paid ~~435,000.00~~in ~~Group~~Full 10 ~~1005782584 FL 90~~6.00900% ~~01-Mar-2006~~360 ~~355,500.00~~14 ~~354,880.66~~ Group 12 ~~1005787703~~0002239444 CALoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~424,000.00~~Full ~~423,993.06 Group~~ 1 ~~1005814657 VA 54~~7.78150% ~~01-Mar-2006~~360 ~~126,000.00~~11 ~~125,914.32~~ Group 12 ~~1005878614~~1003173434 FLLoan ~~90.00~~Paid ~~01-Feb-2006~~in ~~328,500.00~~Full ~~327,717~~0 7.00863% ~~Group~~360 113 ~~1005925136~~Group CA2 ~~65.98~~1003180391 ~~01-Mar-2006~~Loan ~~320,000.00~~Paid ~~320,000.00~~in ~~Group~~Full 10 ~~1005928017 MA 80~~7.00425% ~~01-Mar-2006~~360 ~~322,800.00~~12 ~~321,818.20~~ Group 12 ~~1005939639~~1003550204 MALoan ~~39.37~~Paid ~~01-Mar-2006~~in ~~250,000.00~~Full ~~249,697~~0 11.71450% ~~Group~~360 113 ~~1005947531~~Group NJ2 ~~100.00~~1003588950 ~~01-Mar-2006~~Loan ~~265,000.00~~Paid ~~264,670.86~~in ~~Group~~Full 10 ~~1005951963 MD 80~~6.00075% ~~01-Mar-2006~~360 ~~271,199.00~~13 ~~270,629.69~~ Group 12 ~~1005962880~~1003756117 CALoan ~~89.04~~Paid ~~01-Mar-2006~~in ~~416,700.00~~Full ~~416,480~~0 9.09500% ~~Group~~360 110 ~~1005962960~~Group CA2 ~~90.00~~1004087115 ~~01-Mar-2006~~Loan ~~553,500.00~~Paid ~~553,250.84~~in ~~Group~~Full 10 ~~1005963451 CA 90~~11.00100% ~~01-Mar-2006~~360 ~~324,000.00~~11 ~~323,737.35~~ Group 12 ~~1006062431~~1004105275 CALoan ~~80.00~~Paid ~~01-Mar-2006~~in ~~512,000.00~~Full ~~510,969~~0 9.88900% 360 12 Group 2 ~~1003483135~~1004477462 AZLoan ~~20.00~~Paid ~~01-Nov-2005~~in ~~80,000.00~~Full ~~79,773~~0 11.92350% 360 12 Group 2 ~~1004578969~~1004663073 NYLoan ~~20.00~~Paid ~~01-Jan-2006~~in ~~95,000.00~~Full ~~94,750~~(1) 11.53850% 360 11 Group 2 ~~1004615214~~1004681678 HILoan ~~20.00~~Paid ~~01-Jan-2006~~in ~~35,000.00~~Full ~~34,855~~0 8.51000% 360 11 Group 2 ~~1004624464~~1004695413 IDLoan ~~20.00~~Paid ~~01-Jan-2006~~in ~~16,500.00~~Full ~~16,453~~0 12.86100% 240 11 Group 2 ~~1004645664~~1004726862 NCLoan ~~20.00~~Paid ~~01-Jan-2006~~in ~~29,200.00~~Full ~~29,152~~0 10.40000% 360 11 Group 2 ~~1004937723~~1004912651 NVLoan ~~54.19~~Paid ~~01-Feb-2006~~in ~~168,000.00~~Full ~~167,401~~0 11.72990% 360 11 Group 2 ~~1005471526~~1004975502 FLLiquidation ~~79.41~~4 ~~01-Mar-2006 107,200~~12.00500% ~~106,945.15~~360 11 Group 2 ~~1005578617~~1005415124 ILLoan ~~53.00~~Paid ~~01-Feb-2006~~in ~~135,150.00~~Full ~~134,882~~0 8.29075% 360 10 Group 2 ~~1005740111~~1005513857 MALoan ~~74.24~~Paid ~~01-Mar-2006~~in ~~245,000.00~~Full ~~244,374~~0 8.96400% 360 9 Group 2 ~~1005751251~~1005608194 MDLoan ~~55.16~~Paid ~~01-Mar-2006~~in ~~85,500.00~~Full ~~85,283~~0 12.25300% 360 10 Group 2 ~~1005758067~~1005655427 NYLoan ~~70.00~~Paid ~~01-Mar-2006~~in ~~203,000.00~~Full ~~202,308~~0 9.55075% 240 9 Group 2 ~~1005764014~~1005782628 MALoan ~~20.00~~Paid ~~01-Feb-2006~~in ~~69,600.00~~Full ~~69,532~~0 10.33750% 360 9

Prepayment Rates

~~Prepayment~~Summary ~~Loan~~SMM ~~Detail~~CPR -PSA ~~Prepayments during~~ Current ~~Period~~Month ~~(continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 1002785052 Loan Paid in Full 0 9~~2.~~175~~586% ~~360~~Current 8Month ~~Group 1 1003192734 Loan Paid in Full 0 8~~26.~~250~~974% ~~360~~Current 3Month ~~Group~~ 1 ~~1003273451 Loan Paid in Full 0 7~~,345.~~650~~785% ~~360 5 Group 1 1003314023 Loan Paid in Full 0 8.925% 360~~ 3 ~~Group~~Month 1Average ~~1003486711 Loan Paid in Full 0 10~~2.~~600~~624% ~~360~~ 3 ~~Group~~Month 1Average ~~1003683623 Loan Paid in Full 0 6~~27.~~550~~222% 360 6 Group 1 1003838039 Loan Paid in Full 0 8.300% 360 7 Group 1 1003992772 Loan Paid in Full 0 8.725% 360 6 Group 1 1004255601 Loan Paid in Full 0 8.350% 360 5 Group 1 1004486531 Loan Paid in Full 0 8.500% 360 6 Group 1 1004515947 Loan Paid in Full 0 7.775% 360 4 Group 1 1004562565 Loan Paid in Full 0 7.975% 360 4 Group 1 1004575427 Loan Paid in Full 0 8.450% 360 4 Group 1 1004626211 Loan Paid in Full 0 8.875% 360 5 Group 1 1004682837 Loan Paid in Full 0 8.025% 360 3 ~~Group~~Month 1Average ~~1004694726 Loan Paid in Full 0 8.625% 360 5 Group~~ 1 ~~1004746555 Loan Paid in Full 0 7~~,510.~~900~~379% ~~360~~12 4Month ~~Group~~Average ~~1 1004762803 Loan Paid in Full~~ 0 8.~~675~~000% ~~360~~12 4Month ~~Group~~Average ~~1 1004800282 Loan Paid in Full~~ 0 9.~~050~~000% ~~360~~12 4Month ~~Group~~Average ~~1 1004891004 Loan Paid in Full~~ 0 7.~~990~~000% ~~360~~CPR: 5Current ~~Group 1 1004915970 Loan Paid in Full 0 7~~vs.~~250%~~ ~~360~~12mo 4Average* ~~Group~~PSA: 1Current ~~1004938679 Loan Paid in Full 0 8~~vs.~~750%~~ ~~360~~12mo 5Average* ~~Group~~Month 1Current ~~1004991815~~12mo ~~Loan Paid in Full 0 10~~Avg.~~950%~~ ~~360~~Month 4Current ~~Group~~12mo ~~1 1005011159 Loan Paid in Full 0 6~~Avg.~~950%~~ ~~360~~Jan-2006 3N/A ~~Group~~N/A 1Jan-2006 ~~1005019801~~N/A ~~Loan~~N/A ~~Paid~~Feb-2006 inN/A ~~Full~~N/A 0Feb-2006 ~~10.350%~~N/A ~~360~~N/A 4Mar-2006 ~~Group~~N/A 1N/A ~~1005060462~~Mar-2006 ~~Loan~~N/A ~~Paid~~N/A inApr-2006 ~~Full~~N/A 0N/A ~~7.990%~~Apr-2006 ~~360~~N/A 4N/A ~~Group~~May-2006 1N/A ~~1005087979~~N/A ~~Loan~~May-2006 ~~Paid~~N/A inN/A ~~Full~~Jun-2006 ~~0 8~~33.850% ~~360~~N/A 4Jun-2006 ~~Group 1 1005098770 Loan Paid in Full 0 8.250% 360~~ 4 ~~Group 1 1005184141 Loan Paid in Full (1) 8~~,212.~~750~~217% ~~360~~N/A 4Jul-2006 ~~Group 1 1005188174 Loan Paid in Full 0 8~~26.~~800~~062% ~~360~~N/A 4Jul-2006 ~~Group 1 1005200150 Loan Paid in Full 0 8~~2,593.~~600~~632% ~~360~~N/A 5Aug-2006 ~~Group 1 1005202700 Loan Paid in Full 0 7~~31.~~700~~109% ~~360~~N/A 4Aug-2006 ~~Group 1 1005230190 Loan Paid in Full 0 8~~2,582.~~750~~201% ~~360~~N/A 4Sep-2006 ~~Group 1 1005234329 Loan Paid in Full 0 7~~36.~~650~~152% ~~360~~N/A 4Sep-2006 ~~Group 1 1005264796 Loan Paid in Full 0 9~~2,572.~~750~~494% ~~360~~N/A 3Oct-2006 ~~Group 1 1005285540 Loan Paid in Full 0 10~~22.~~650~~565% ~~360~~N/A 4Oct-2006 ~~Group~~ 1 ~~1005293755 Loan Paid in Full 0 8~~,405.~~850~~954% ~~360~~N/A 3Nov-2006 ~~Group 1 1005323973 Loan Paid in Full 0 9~~32.~~550~~127% ~~360~~N/A 4Nov-2006 ~~Group~~ 1 ~~1005345557 Loan Paid in Full 0 9~~,779.~~100~~399% ~~360~~N/A 4Dec-2006 ~~Group 1 1005358613 Loan Paid in Full 0 8~~26.~~500~~974% ~~360~~N/A 3Dec-2006 ~~Group~~ 1 ~~1005373516 Loan Paid in Full 0 8~~,345.~~100~~785% ~~360~~N/A 4*The ~~Group~~text 1reported ~~1005382418 Loan Paid~~ in ~~Full~~the 0above ~~8.350%~~table ~~360~~is 4presented ~~Group~~*The 1text ~~1005393709~~reported ~~Loan Paid~~ in ~~Full~~the 0above ~~9.700%~~table ~~360~~is 3presented ~~Group~~graphically 1on ~~1005431277~~the ~~Loan~~monthly ~~Paid~~bond inremittance ~~Full 0 7~~report.~~600%~~ ~~360~~The 4graphically ~~Group~~on 1the ~~1005434648~~monthly ~~Loan~~bond ~~Paid~~remittance ~~in Full 0 10~~report.~~150%~~ ~~360~~The 4monthly ~~Group~~bond 1remittance ~~1005449883~~report ~~Loan~~can ~~Paid~~be inviewed ~~Full~~online 0at ~~8.550%~~monthly ~~360~~bond 4remittance ~~Group~~report 1can ~~1005451502~~be ~~Loan~~viewed ~~Paid~~online inat ~~Full 0 10~~www.~~300% 360 3 Group 1 1005456044 Loan Paid in Full 0 9~~ctslink.~~200% 360 4 Group 1 1005462206 Loan Paid in Full 0 7~~com.~~700%~~ ~~360 3 Group 1 1005493771 Loan Paid in Full 0 8~~www.~~700% 360 4 Group 1 1005494556 Loan Paid in Full 0 8~~ctslink.~~900% 360 4 Group 1 1005495680 Loan Paid in Full 0 10~~com.~~650%~~ ~~360~~Calculation 4Methodology: ~~Group~~Single 1Month ~~1005519646~~Mortality ~~Loan~~(SMM): ~~Paid~~(Partial inand ~~Full~~full 0prepayments ~~9.200%~~+ ~~360~~Repurchases) 3/ ~~Group~~(Beginning 1Scheduled ~~1005522071~~Balance ~~Loan~~- ~~Paid~~Scheduled inPrincipal) ~~Full~~Conditional 0PrePayment ~~7.500%~~Rate ~~360 4 Group 1 1005534825 Loan Paid in Full 0 8.200% 360 4 Group 1 1005575745 Loan Paid in Full 0 9.350% 360 4 Group 1 1005620571 Loan Paid in Full 0 8.900% 360 3 Group 1 1005631051 Loan Paid in Full~~ (1CPR): ~~10.850% 360 3 Group~~ 1 ~~1005690889~~- ~~Loan Paid in Full 0 9.500% 360 3 Group~~ ((1 ~~1005697007~~- ~~Loan~~SMM)^12) ~~Paid~~PSA inStandard ~~Full~~Prepayment 0Model: ~~7.150%~~100 ~~360~~* 3CPR ~~Group~~/ ~~1 1005782584 Loan Paid in Full~~ (0 10.~~175%~~2 ~~360~~* 3 Group 1 1005787703 Loan Paid in Full 0 9.525% 360 3 Group 1 1005814657 Loan Paid in Full 0 8.825% 360 3 Group 1 1005878614 Loan Paid in Full 0 9.725% 360 4 Group 1 1005925136 Loan Paid in Full 0 7.200% 360 3 Group 1 1005928017 Loan Paid in Full 0 7.425% 360 3 Group 1 1005939639 Loan Paid in Full 0 10.475% 360 3 Group 1 1005947531 Loan Paid in Full 0 10.350% 360 3 Group 1 1005951963 Loan Paid in Full 0 7.825% 360 3 Group 1 1005962880 Loan Paid in Full 0 10.650% 360 3 Group 1 1005962960 Loan Paid in Full 0 10.200% 360 3 Group 1 1005963451 Loan Paid in Full MIN(130,WAS)) ~~8.225%~~Weighted ~~360~~Average 3Seasoning Group 1 1006062431 Loan Paid in Full 0 9.450% 360 3 Group 2 1003483135 Loan Paid in Full 0 10.550% 360 7 Group 2 1004578969 Loan Paid in Full 0 10.150% 360 5 Group 2 1004615214 Loan Paid in Full 0 9.500% 360 5 Group 2 1004624464 Loan Paid in Full 0 9.900% 360 5 Group 2 1004645664 Loan Paid in Full 0 11.500% 360 5 Group 2 1004937723 Loan Paid in Full 0 7.125% 360 4 Group 2 1005471526 Loan Paid in Full 0 7.800% 360 3 Group 2 1005578617 Loan Paid in Full 0 9.525% 360 4 Group 2 1005740111 Loan Paid in Full 0 8.300% 360 3 Group 2 1005751251 Loan Paid in Full 0 6.875% 360 3 Group 2 1005758067 Loan Paid in Full (1WAS): ~~6.850%~~sum((Original ~~360~~Term 3- ~~Group~~Remaining 2Term)*(Current ~~1005764014~~Scheduled ~~Loan~~Balance/Deal ~~Paid~~Scheduled inPrincipal ~~Full 1 12.800% 360 4~~Balance))

Summary SMM CPR PSA Current Month 3.385% Current Month 33.850% Current Month 4,212.217% 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 33.850% N/A Jun-2006 4,212.217% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

~~Interest~~Breaches ~~Rate~~Current ~~Stratification~~Loan ~~Summary~~Scheduled ~~Group~~Current 1 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($) Balance($) < 5.500 1 264,207.68 0.045 1 264,207.68 0.059 5.500 5.999 48 16,180,724.12 2.731 22 8,720,512.12 1.941 6.000 6.499 82 23,471,968.63 3.961 35 10,203,853.94 2.271 6.500 6.999 221 62,331,816.98 10.519 156 44,691,184.26 9.948 7.000 7.499 281 68,398,216.60 11.543 223 57,008,384.77 12.690 7.500 7.999 494 113,388,356.48 19.135 389 94,255,003.65 20.981 8.000 8.499 364 68,904,952.92 11.628 299 58,318,168.11 12.982 8.500 8.999 493 85,091,050.65 14.360 390 71,594,565.39 15.937 9.000 9.499 321 49,160,268.95 8.296 266 43,329,983.15 9.645 9.500 9.999 346 45,810,744.76 7.731 237 35,592,464.30 7.923 10.000 10.499 155 17,340,157.27 2.926 96 13,406,326.02 2.984 10.500 10.999 156 16,525,641.14 2.789 56 7,880,461.47 1.754 11.000 11.499 127 10,917,742.14 1.842 21 3,343,812.46 0.744 11.500 11.999 106 7,059,763.26 1.191 3 427,744.13 0.095 12.000 12.499 78 4,872,775.15 0.822 2 193,700.66 0.043 12.500 12.999 39 2,442,582.72 0.412 0 0.00 0.000 13.000 13.499 6 276,076.57 0.047 0 0.00 0.000 13.500 13.999 2 119,853.32 0.020 0 0.00 0.000 >= 14.000 0 0.00 0.000 0 0.00 0.000 Total 3,320 592,556,899.34 100.000 2,196 449,230,372.11 100.000Period

Interest Rate Stratification ~~(continued)~~Summary Group 21 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.500 0 0.00 0.000 0 0.00 0.000 5.500 5.999 2643 14,571,177.74 2.933 18 7,~~460~~250,~~212~~550.0097 51.~~205~~959 6.000 6.499 4775 1321,~~268~~021,~~114~~073.6930 94.~~257~~232 31 8,601,423.84 2.324 6.500 6.999 65190 1754,~~640~~047,~~632~~588.7200 1210.~~308~~880 134 38,650,048.55 10.442 7.000 7.499 241 58,529,176.42 11.782 193 49,~~389~~352,~~831~~546.8329 713.~~947~~333 7.500 7.999 ~~105~~444 19100,~~133~~073,~~352~~993.8392 1320.~~349~~145 343 81,605,668.42 22.047 8.000 8.499 65307 1057,~~586~~296,~~784~~079.8193 711.~~386~~534 252 48,566,458.83 13.121 8.500 8.999 ~~103~~414 68,599,028.17 13.809 322 56,~~496~~999,~~485~~523.26 915.~~417~~399 9.000 9.499 55263 537,~~830~~606,~~285~~589.8035 47.~~068~~570 213 32,358,192.48 8.742 9.500 9.999 ~~109~~294 1036,~~218~~755,~~280~~934.4670 7.~~129~~399 198 28,000,050.34 7.565 10.000 10.499 59137 314,~~933~~351,~~831~~042.2545 2.~~745~~889 81 10,593,237.56 2.862 10.500 10.999 ~~100~~132 812,~~645~~907,~~179~~903.6720 62.~~032~~598 41 5,372,717.00 1.452 11.000 11.499 106 78,~~573~~838,~~929~~572.6828 51.~~284~~779 18 2,546,718.64 0.688 11.500 11.999 ~~103~~88 65,~~632~~518,~~019~~823.1398 41.~~627~~111 1 49,820.48 0.013 12.000 12.499 7667 4,~~679~~191,~~074~~068.4944 30.~~265~~844 2 193,362.37 0.052 12.500 12.999 3932 2,~~442~~096,~~582~~831.7201 10.~~704~~422 0 0.00 0.000 13.000 13.499 65 ~~276~~235,~~076~~467.5720 0.~~193~~047 0 0.00 0.000 13.500 13.999 2 119,~~853~~698.3277 0.~~084~~024 0 0.00 0.000 >= 14.000 0 0.00 0.000 0 0.00 0.000 Total 2,840 496,760,048.86 100.000 1,~~124~~847 ~~143~~370,~~326~~140,~~527~~319.2303 100.000

Filing Compare · Securitized Asset Backed Receivables LLC Trust 2006-NC2